CNG Energy – Supplier Review 2021

Introduction

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CNG stands for Contract Natural Gas Limited. It was established in 1994 after the deregulation of the UK gas industry. It’s founder, Colin Nigel Gaines, established it with the idea of trying to simplify access to energy. Over the last 20 years, CNG has grown enormously and is now the biggest independent shipper of gas in the UK. It supplies gas to business customers. CNG is a fast-growing company that has won multiple awards for outstanding customer service. They are considered to be one of the most trusted gas suppliers. In addition to supplying gas, they offer meter installation and meter replacement. CNG is based in Harrogate, Yorkshire.

National structure

The table below contains a list of CNG Group subsidiaries with their company numbers. All of the subsidiaries are registered in England and Wales.

SubsidiaryCompany Number
Contract Natural Gas Software Limited03386645
Contract Natural Gas Limited02897253
CNG Merchant Services Limited12464705
CNG Electricity Limited09263237
CNG Energy Limited03869419
CNG Switch Limited10747661

Products and services in the UK

CNG’s services include:

  • Commercial gas supply
  • Wholesale gas shipping
  • Infrastructure projects
  • Installation of gas and electricity
  • Flexible billing
  • Automated meter reading (AMR)
  • Gas service
  • Meter installation, replacement and relocation
  • End-to end projects
  • Account management
  • Customised energy solutions
  • Service upgrades

CNG offers a customer service-focused approach. In fact, it was the first business gas supplier to win the ‘Putting the Customer First’ scheme. It gives clients a chance to enjoy a range of innovative offers tailored for smaller businesses. Those who choose CNG can expect:

  1. The help of designated account managers for business gas consumers
  2. Customised bills and payment terms
  3. Call centres that are based in the UK
  4. Perfect customers service

CNG provides customers with gas service and assists them with installing meters and arranging their gas supplies when relocating to new premises. meter installation, replacement, and relocation. CNG also offers flexible billing and automated meter reading services (AMR). Their products do not feature a standing charge which makes their prices highly competitive.

CNG has over 25 years of expertise and it supplies gas to over 45000 customers in the UK. Their clients include small start-ups that only just joined the market, as well as big corporate companies. CNG’s services match the needs of all clients, no matter the size of their business.

CNG believes that the market should not be dominated by the ‘Big Six’. That’s why it supports smaller suppliers and encourages competition in the energy market. Their services are designed for national brands, as well as local communities. Anyone who wants to reduce their collective energy costs can use their services.

Financial support during COVID-19 pandemic

CNG is committed to helping its customers during these unstable times. It partnered with Think Business Finance to offer support with applications for Coronavirus Business Interruption Scheme (CBILS).

How do CNG’s shipping services work?

You need to get the license to supply from Ofgem and contact the Meter Reading Agency and Meter Asset Managers. CNG will connect with all relevant networks and handle the whole process. CNG will work with you to forecast your gas usage and assist you with long-term gas purchasing.

Is CNG green?

CNG wants to make natural gas an important part of the UK’s environmentally-friendly future. To achieve that it wants to introduce a carbon offsetting scheme that customers can join but are not obliged to do it.

Moreover, CNG uses Automated Meter Reading technology and wants all its customers to have such meters. They give customers the possibility to monitor and manage their gas usage. Thanks to these devices customers do not have to submit meter readings themselves and get accurate bills. Smart meters also allow to save costs and reduce carbon emissions.

CNG also aims to reduce the carbon impact by introducing green solutions at the head office. That includes using less paper for printing, electronic billing, low-energy lighting.

CNG’s team

CNG has a team of around 200 people. On a daily basis the team strives to deliver effective solutions and technical expertise. Below you can find the overview of who runs the company.

Paul Stanley – CEO

paul stanley

He became Chief Executive of CNG in January 2020. For the last 30 years, he has been working with equity companies, helping them run global technology businesses. He also has experience advising charities and governments. He also contributed to founding PEPTalks, a network for CEOs, and conducts research into leadership and innovation at York Business School.

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Jacqui Hall – President

jacqui hall

She worked with Colin Gaines even before he established CNG. She believes CNG is a unique supplier in the gas industry because it’s customer-focused. She says that CNG continues to grow and deliver great quality services.

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Amman Boughan – Chief Financial Officer

amman boughan

He joined CNG in June 2019 and initially worked as Commercial Director. Recently he took on the role of Chief Financial Officer. Before he started working for CNG he assisted corporate and private equity companies in the UK with mergers and acquisitions.

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Colin Hollins – Operations Director

colin hollins

He believes that CNG is highly successful because people that work for it work very hard and support each other. He says that CNG’s primary concern is the wellbeing of its customers.

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Chris England – Procurement Director

chris england

He has been working for CNG for the last 19 years. He says that CNG aims to offer good service for fair prices. He believes helping others is the most important thing.

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Pam Gibson – Head of HR

She is the sister of the founder of CNG. She says that all people working for CNG are amazing individuals who make the company special. CNG has family values at heart and that makes it such a customer-friendly supplier.

Phil Birch – Head of Infrastructure and Change

He joined CNG to help create IT systems that would enable CNG to enter the electricity market. He has experience working in a range of industries including manufacturing, electronic engineering, and financial services.

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Key financial data

CNG Group’s revenue for the financial year 2019/2020 that ended on the 31 October 2020 was £588M. The revenue for the year 2018/2019 was £845M. That means that the revenue last year was 30% lower than in the same period last year.

Gross Margin for that year was £15M, which was 1 million less than in 2019. That was most likely caused by the fact that the COVID-19 pandemic had a negative impact on gas demand.

EBITDA (earnings before interest, taxes, depreciation and amortization) was £3M. In 2019 it was -£31M. That indicated that the CNG Group managed to improve its performance despite difficult times. CNG Wholesale division, providing shipping services and wholesale gas to a number of domestic and non-domestic energy suppliers in the UK, saw a significant improvement in underlying profitability, To maintain sustainable profit, the Group implemented a number of risk management programmes.

Contact information

main website

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tel: 01423502554

fax: 01423 502 556

email: info@cngltd.co.uk

feedback form

post: Contract Natural Gas Ltd, CNG House, 5 Victoria Avenue, Harrogate, North Yorkshire, HG1 1EQ

CNG’s website also features a live chat option that allows clients to talk directly to CNG’s representatives.

Summary

When it was established, CNG filled the gap in the gas industry for a supplier that prioritises customer service. Its services are unique and offer outstanding quality. CNG is proud to call itself a company that really cares. Even though it is a relatively small business, over the last 25 years, it has grown significantly and is constantly expanding. Customers choose CNG because of their expertise and low prices. CNG is one of the most trusted suppliers of gas for small businesses and it has amazing customer reviews. It not only supplies gas but also helps customers connect to their energy supply without going through complicated, lengthy procedures. CNG believes that great service starts with people and it wants to empower its clients and give them control over their energy supply.