renewable energy systems limited Company Information
Company Number
01589961
Website
http://res-group.comRegistered Address
beaufort court, egg farm lane station road, kings langley, hertfordshire, WD4 8LR
Industry
Construction of commercial buildings
Telephone
01923299200
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
renewable energy systems holdings ltd 100%
renewable energy systems limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS LIMITED at £58.4m based on a Turnover of £107.9m and 0.54x industry multiple (adjusted for size and gross margin).
renewable energy systems limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS LIMITED at £0 based on an EBITDA of £-66.4m and a 4.81x industry multiple (adjusted for size and gross margin).
renewable energy systems limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS LIMITED at £799.7m based on Net Assets of £630.2m and 1.27x industry multiple (adjusted for liquidity).
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Renewable Energy Systems Limited Overview
Renewable Energy Systems Limited is a live company located in kings langley, WD4 8LR with a Companies House number of 01589961. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in October 1981, it's largest shareholder is renewable energy systems holdings ltd with a 100% stake. Renewable Energy Systems Limited is a mature, mega sized company, Pomanda has estimated its turnover at £107.9m with high growth in recent years.
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Renewable Energy Systems Limited Health Check
Pomanda's financial health check has awarded Renewable Energy Systems Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
6 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £107.9m, make it larger than the average company (£9.4m)
£107.9m - Renewable Energy Systems Limited
£9.4m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.4%)
20% - Renewable Energy Systems Limited
3.4% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 6.1%, this company has a higher cost of product (14.2%)
6.1% - Renewable Energy Systems Limited
14.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -63.6% make it less profitable than the average company (3.7%)
-63.6% - Renewable Energy Systems Limited
3.7% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 566 employees, this is above the industry average (30)
566 - Renewable Energy Systems Limited
30 - Industry AVG
![paystructure](/assets/images/scoreRate0.png)
Pay Structure
on an average salary of £79.5k, the company has a higher pay structure (£50.8k)
£79.5k - Renewable Energy Systems Limited
£50.8k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £190.6k, this is less efficient (£330.7k)
£190.6k - Renewable Energy Systems Limited
£330.7k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 40 days, this is near the average (49 days)
40 days - Renewable Energy Systems Limited
49 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (38 days)
16 days - Renewable Energy Systems Limited
38 days - Industry AVG
![stockdays](/assets/images/scoreRate2.png)
Stock Days
it holds stock equivalent to 9 days, this is less than average (13 days)
9 days - Renewable Energy Systems Limited
13 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (23 weeks)
72 weeks - Renewable Energy Systems Limited
23 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 18.1%, this is a lower level of debt than the average (70.2%)
18.1% - Renewable Energy Systems Limited
70.2% - Industry AVG
RENEWABLE ENERGY SYSTEMS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Renewable Energy Systems Limited's latest turnover from October 2022 is £107.9 million and the company has net assets of £630.2 million. According to their latest financial statements, Renewable Energy Systems Limited has 566 employees and maintains cash reserves of £182.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 107,855,000 | 97,627,000 | 61,820,000 | 61,940,000 | 86,137,000 | 116,855,000 | 244,469,000 | 107,667,000 | 46,370,000 | 44,117,000 | 36,264,000 | 30,856,000 | 30,352,000 | 9,712,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 101,286,000 | 84,483,000 | 42,855,000 | 46,511,000 | 60,401,000 | 69,385,000 | 193,799,000 | 83,958,000 | 21,429,000 | 19,540,000 | 19,040,000 | 17,506,000 | 18,264,000 | 6,943,000 |
Gross Profit | 6,569,000 | 13,144,000 | 18,965,000 | 15,429,000 | 25,736,000 | 47,470,000 | 50,670,000 | 23,709,000 | 24,941,000 | 24,577,000 | 17,224,000 | 13,350,000 | 12,088,000 | 2,769,000 |
Admin Expenses | 75,161,000 | 46,146,000 | -7,638,000 | 192,298,000 | 1,634,000 | 75,196,000 | 38,624,000 | 36,790,000 | 31,995,000 | 31,758,000 | 20,498,000 | 16,745,000 | 11,012,000 | 21,709,000 |
Operating Profit | -68,592,000 | -33,002,000 | 26,603,000 | -176,869,000 | 24,102,000 | -27,726,000 | 12,046,000 | -13,081,000 | -7,054,000 | -7,181,000 | -3,274,000 | -3,395,000 | 1,076,000 | -18,940,000 |
Interest Payable | 5,048,000 | 10,363,000 | 10,756,000 | 14,729,000 | 9,870,000 | 20,876,000 | 27,268,000 | 11,595,000 | 7,313,000 | 9,054,000 | 3,524,000 | 3,371,000 | 3,257,000 | 2,134,000 |
Interest Receivable | 4,742,000 | 1,275,000 | 1,132,000 | 2,179,000 | 1,851,000 | 76,420,000 | 2,631,000 | 1,011,000 | 3,986,000 | 2,971,000 | 2,079,000 | 2,122,000 | 2,584,000 | 9,564,000 |
Pre-Tax Profit | -62,122,000 | 692,523,000 | 51,866,000 | -113,316,000 | 24,375,000 | 36,572,000 | 27,027,000 | -11,577,000 | 75,484,000 | 88,035,000 | -7,781,000 | -4,768,000 | 402,000 | -11,542,000 |
Tax | -4,902,000 | -275,000 | -4,065,000 | 4,990,000 | -5,172,000 | 89,000 | -4,869,000 | -470,000 | 2,735,000 | 365,000 | 0 | 323,000 | 0 | -186,000 |
Profit After Tax | -67,024,000 | 692,248,000 | 47,801,000 | -108,326,000 | 19,203,000 | 36,661,000 | 22,158,000 | -12,047,000 | 78,219,000 | 88,400,000 | -7,781,000 | -4,445,000 | 402,000 | -11,728,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 5,000,000 | 0 | 44,000,000 | 0 | 0 | 0 | 19,000,000 | 0 |
Retained Profit | -67,024,000 | 692,248,000 | 47,801,000 | -108,326,000 | 19,203,000 | 36,661,000 | 17,158,000 | -12,047,000 | 34,219,000 | 88,400,000 | -7,781,000 | -4,445,000 | -18,598,000 | -11,728,000 |
Employee Costs | 45,002,000 | 48,244,000 | 34,129,000 | 31,674,000 | 31,146,000 | 31,501,000 | 42,310,000 | 37,182,000 | 28,442,000 | 28,066,000 | 23,881,000 | 21,214,000 | 19,759,000 | 19,654,000 |
Number Of Employees | 566 | 491 | 420 | 377 | 337 | 357 | 464 | 453 | 367 | 352 | 311 | 256 | 209 | 176 |
EBITDA* | -66,423,000 | -29,449,000 | 29,639,000 | -174,852,000 | 25,025,000 | -26,627,000 | 12,691,000 | -11,879,000 | -5,542,000 | -5,883,000 | -2,158,000 | -2,282,000 | 1,845,000 | -18,365,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,988,000 | 6,044,000 | 8,204,000 | 9,540,000 | 5,480,000 | 2,411,000 | 1,422,000 | 1,666,000 | 3,136,000 | 3,978,000 | 3,902,000 | 2,919,000 | 3,373,000 | 1,611,000 |
Intangible Assets | 6,804,000 | 5,061,000 | 5,994,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 180,999,000 | 156,080,000 | 160,938,000 | 52,482,000 | 179,824,000 | 77,034,000 | 61,803,000 | 68,180,000 | 63,978,000 | 63,468,000 | 47,904,000 | 40,821,000 | 39,482,000 | 39,722,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 193,791,000 | 167,185,000 | 175,136,000 | 62,022,000 | 185,304,000 | 79,445,000 | 63,225,000 | 69,846,000 | 67,114,000 | 67,446,000 | 51,806,000 | 43,740,000 | 42,855,000 | 41,333,000 |
Stock & work in progress | 2,764,000 | 26,378,000 | 26,637,000 | 851,000 | 1,325,000 | 6,299,000 | 12,386,000 | 25,052,000 | 19,220,000 | 135,000 | 250,000 | 137,000 | 0 | 0 |
Trade Debtors | 12,057,000 | 7,968,000 | 4,345,000 | 3,523,000 | 11,000,000 | 10,555,000 | 3,507,000 | 20,896,000 | 2,056,000 | 2,493,000 | 2,826,000 | 1,454,000 | 137,000 | 362,000 |
Group Debtors | 68,568,000 | 136,678,000 | 127,391,000 | 103,030,000 | 56,802,000 | 112,003,000 | 206,086,000 | 196,627,000 | 174,831,000 | 128,594,000 | 101,328,000 | 92,003,000 | 103,152,000 | 81,951,000 |
Misc Debtors | 15,470,000 | 14,765,000 | 18,445,000 | 20,942,000 | 25,387,000 | 20,796,000 | 101,897,000 | 11,633,000 | 13,765,000 | 2,687,000 | 2,310,000 | 1,387,000 | 1,020,000 | 1,013,000 |
Cash | 182,077,000 | 649,682,000 | 71,995,000 | 49,740,000 | 110,943,000 | 59,827,000 | 61,691,000 | 41,985,000 | 13,824,000 | 135,832,000 | 1,543,000 | 22,297,000 | 4,947,000 | 34,084,000 |
misc current assets | 294,640,000 | 0 | 0 | 0 | 0 | 47,841,000 | 2,087,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 575,576,000 | 835,471,000 | 248,813,000 | 178,086,000 | 205,457,000 | 257,321,000 | 387,654,000 | 296,193,000 | 223,696,000 | 269,741,000 | 108,257,000 | 117,278,000 | 109,256,000 | 117,410,000 |
total assets | 769,367,000 | 1,002,656,000 | 423,949,000 | 240,108,000 | 390,761,000 | 336,766,000 | 450,879,000 | 366,039,000 | 290,810,000 | 337,187,000 | 160,063,000 | 161,018,000 | 152,111,000 | 158,743,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 40,000,000 | 39,609,000 | 19,141,000 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 4,667,000 | 5,364,000 | 4,356,000 | 3,020,000 | 4,977,000 | 4,069,000 | 18,040,000 | 7,757,000 | 4,069,000 | 2,307,000 | 368,000 | 259,000 | 399,000 | 328,000 |
Group/Directors Accounts | 105,426,000 | 121,057,000 | 244,398,000 | 129,153,000 | 162,381,000 | 92,646,000 | 196,084,000 | 136,301,000 | 94,752,000 | 195,932,000 | 83,086,000 | 74,083,000 | 56,795,000 | 38,559,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 3,231,000 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 19,846,000 | 62,671,000 | 40,250,000 | 17,708,000 | 20,443,000 | 33,180,000 | 18,968,000 | 37,914,000 | 20,405,000 | 21,308,000 | 15,918,000 | 14,252,000 | 10,780,000 | 11,696,000 |
total current liabilities | 129,939,000 | 189,092,000 | 289,004,000 | 149,881,000 | 187,801,000 | 129,895,000 | 273,108,000 | 224,812,000 | 138,367,000 | 219,547,000 | 99,372,000 | 88,594,000 | 67,974,000 | 50,583,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,000,000 | 36,000,000 | 43,000,000 | 49,000,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 1,367,000 | 1,288,000 | 1,206,000 | 3,036,000 | 5,243,000 | 1,922,000 | 2,984,000 | 200,000 | 200,000 | 196,000 | 0 | 0 | 144,000 | 619,000 |
total long term liabilities | 9,209,000 | 13,129,000 | 19,446,000 | 19,207,000 | 17,786,000 | 13,349,000 | 19,526,000 | 5,473,000 | 200,000 | 196,000 | 32,000,000 | 36,000,000 | 43,144,000 | 49,619,000 |
total liabilities | 139,148,000 | 202,221,000 | 308,450,000 | 169,088,000 | 205,587,000 | 143,244,000 | 292,634,000 | 230,285,000 | 138,567,000 | 219,743,000 | 131,372,000 | 124,594,000 | 111,118,000 | 100,202,000 |
net assets | 630,219,000 | 800,435,000 | 115,499,000 | 71,020,000 | 185,174,000 | 193,522,000 | 158,245,000 | 135,754,000 | 152,243,000 | 117,444,000 | 28,691,000 | 36,424,000 | 40,993,000 | 58,541,000 |
total shareholders funds | 630,219,000 | 800,435,000 | 115,499,000 | 71,020,000 | 185,174,000 | 193,522,000 | 158,245,000 | 135,754,000 | 152,243,000 | 117,444,000 | 28,691,000 | 36,424,000 | 40,993,000 | 58,541,000 |
Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -68,592,000 | -33,002,000 | 26,603,000 | -176,869,000 | 24,102,000 | -27,726,000 | 12,046,000 | -13,081,000 | -7,054,000 | -7,181,000 | -3,274,000 | -3,395,000 | 1,076,000 | -18,940,000 |
Depreciation | 1,632,000 | 3,007,000 | 3,036,000 | 2,017,000 | 923,000 | 1,099,000 | 645,000 | 1,202,000 | 1,512,000 | 1,298,000 | 1,116,000 | 1,113,000 | 769,000 | 575,000 |
Amortisation | 537,000 | 546,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -4,902,000 | -275,000 | -4,065,000 | 4,990,000 | -5,172,000 | 89,000 | -4,869,000 | -470,000 | 2,735,000 | 365,000 | 0 | 323,000 | 0 | -186,000 |
Stock | -23,614,000 | -259,000 | 25,786,000 | -474,000 | -4,974,000 | -6,087,000 | -12,666,000 | 5,832,000 | 19,085,000 | -115,000 | 113,000 | 137,000 | 0 | 0 |
Debtors | -63,316,000 | 9,230,000 | 22,686,000 | 34,306,000 | -50,165,000 | -168,136,000 | 82,334,000 | 38,504,000 | 56,878,000 | 27,310,000 | 11,620,000 | -9,465,000 | 20,983,000 | 83,326,000 |
Creditors | -697,000 | 1,008,000 | 1,336,000 | -1,957,000 | 908,000 | -13,971,000 | 10,283,000 | 3,688,000 | 1,762,000 | 1,939,000 | 109,000 | -140,000 | 71,000 | 328,000 |
Accruals and Deferred Income | -42,825,000 | 22,421,000 | 22,542,000 | -2,735,000 | -12,737,000 | 14,212,000 | -18,946,000 | 17,509,000 | -903,000 | 5,390,000 | 1,666,000 | 3,472,000 | -916,000 | 11,696,000 |
Deferred Taxes & Provisions | 79,000 | 82,000 | -1,830,000 | -2,207,000 | 3,321,000 | -1,062,000 | 2,784,000 | 0 | 4,000 | 196,000 | 0 | -144,000 | -475,000 | 619,000 |
Cash flow from operations | -27,838,000 | -15,184,000 | -850,000 | -210,593,000 | 66,484,000 | 146,864,000 | -67,725,000 | -35,488,000 | -77,907,000 | -25,188,000 | -12,116,000 | 10,557,000 | -20,458,000 | -89,234,000 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 24,919,000 | -4,858,000 | 108,456,000 | -127,342,000 | 102,790,000 | 15,231,000 | -6,377,000 | 4,202,000 | 510,000 | 15,564,000 | 7,083,000 | 1,339,000 | -240,000 | 39,722,000 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -15,631,000 | -123,341,000 | 115,245,000 | -33,228,000 | 69,735,000 | -103,438,000 | 59,783,000 | 41,549,000 | -101,180,000 | 112,846,000 | 9,003,000 | 17,288,000 | 18,236,000 | 38,559,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -16,000 | -3,215,000 | 3,231,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,000,000 | -4,000,000 | -7,000,000 | -6,000,000 | 49,000,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -306,000 | -9,088,000 | -9,624,000 | -12,550,000 | -8,019,000 | 55,544,000 | -24,637,000 | -10,584,000 | -3,327,000 | -6,083,000 | -1,445,000 | -1,249,000 | -673,000 | 7,430,000 |
cash flow from financing | -119,129,000 | -139,741,000 | 102,299,000 | -51,606,000 | 34,165,000 | -49,294,000 | 37,264,000 | 29,754,000 | -103,927,000 | 75,116,000 | 3,606,000 | 8,915,000 | 12,613,000 | 165,258,000 |
cash and cash equivalents | ||||||||||||||
cash | -467,605,000 | 577,687,000 | 22,255,000 | -61,203,000 | 51,116,000 | -1,864,000 | 19,706,000 | 28,161,000 | -122,008,000 | 134,289,000 | -20,754,000 | 17,350,000 | -29,137,000 | 34,084,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | -40,000,000 | 391,000 | 20,468,000 | 19,141,000 | 0 | 0 | 0 | 0 | 0 |
change in cash | -467,605,000 | 577,687,000 | 22,255,000 | -61,203,000 | 51,116,000 | 38,136,000 | 19,315,000 | 7,693,000 | -141,149,000 | 134,289,000 | -20,754,000 | 17,350,000 | -29,137,000 | 34,084,000 |
renewable energy systems limited Credit Report and Business Information
Renewable Energy Systems Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for renewable energy systems limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
renewable energy systems limited Ownership
RENEWABLE ENERGY SYSTEMS LIMITED group structure
Renewable Energy Systems Limited has 7 subsidiary companies.
Ultimate parent company
1 parent
RENEWABLE ENERGY SYSTEMS LIMITED
01589961
7 subsidiaries
renewable energy systems limited directors
Renewable Energy Systems Limited currently has 7 directors. The longest serving directors include Mr Dominic Hearth (Dec 2014) and Ms Lucy Whitford (Mar 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dominic Hearth | 58 years | Dec 2014 | - | Director | |
Ms Lucy Whitford | England | 51 years | Mar 2019 | - | Director |
Mr Ian Hunter | 40 years | Mar 2019 | - | Director | |
Mr Eduardo Medina Sanchez | United Kingdom | 55 years | Nov 2021 | - | Director |
Ms Maria Irvin | United Kingdom | 53 years | Apr 2023 | - | Director |
Ms Paula Murphy | United Kingdom | 48 years | Jul 2023 | - | Director |
Mr Henrik Brandt | United Kingdom | 43 years | Apr 2024 | - | Director |
P&L
October 2022turnover
107.9m
+10%
operating profit
-68.6m
+108%
gross margin
6.1%
-54.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
630.2m
-0.21%
total assets
769.4m
-0.23%
cash
182.1m
-0.72%
net assets
Total assets minus all liabilities
renewable energy systems limited company details
company number
01589961
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
October 1981
age
43
accounts
Full Accounts
ultimate parent company
previous names
ablespring limited (December 1981)
incorporated
UK
address
beaufort court, egg farm lane station road, kings langley, hertfordshire, WD4 8LR
last accounts submitted
October 2022
renewable energy systems limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 19 charges/mortgages relating to renewable energy systems limited. Currently there are 8 open charges and 11 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
renewable energy systems limited Companies House Filings - See Documents
date | description | view/download |
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