celtpower limited
celtpower limited Company Information
Company Number
02656561
Next Accounts
Sep 2025
Shareholders
scottishpower renewables (uk) ltd
eurus energy uk ltd
Group Structure
View All
Industry
Production of electricity
+1Registered Address
3 prenton way, prenton, CH43 3ET
Website
-celtpower limited Estimated Valuation
Pomanda estimates the enterprise value of CELTPOWER LIMITED at £11.7m based on a Turnover of £5.6m and 2.11x industry multiple (adjusted for size and gross margin).
celtpower limited Estimated Valuation
Pomanda estimates the enterprise value of CELTPOWER LIMITED at £22.5m based on an EBITDA of £3.5m and a 6.5x industry multiple (adjusted for size and gross margin).
celtpower limited Estimated Valuation
Pomanda estimates the enterprise value of CELTPOWER LIMITED at £33.5m based on Net Assets of £12.3m and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Celtpower Limited Overview
Celtpower Limited is a live company located in prenton, CH43 3ET with a Companies House number of 02656561. It operates in the production of electricity sector, SIC Code 35110. Founded in October 1991, it's largest shareholder is scottishpower renewables (uk) ltd with a 100% stake. Celtpower Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.6m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Celtpower Limited Health Check
Pomanda's financial health check has awarded Celtpower Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £5.6m, make it in line with the average company (£5.9m)
£5.6m - Celtpower Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (13.1%)
1% - Celtpower Limited
13.1% - Industry AVG
Production
with a gross margin of 96.3%, this company has a lower cost of product (56.1%)
96.3% - Celtpower Limited
56.1% - Industry AVG
Profitability
an operating margin of 54.8% make it more profitable than the average company (38.8%)
54.8% - Celtpower Limited
38.8% - Industry AVG
Employees
with 11 employees, this is below the industry average (101)
- Celtpower Limited
101 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Celtpower Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £504.6k, this is equally as efficient (£528.3k)
- Celtpower Limited
£528.3k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (21 days)
105 days - Celtpower Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 1224 days, this is slower than average (18 days)
1224 days - Celtpower Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Celtpower Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 678 weeks, this is more cash available to meet short term requirements (7 weeks)
678 weeks - Celtpower Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.6%, this is a lower level of debt than the average (85%)
39.6% - Celtpower Limited
85% - Industry AVG
CELTPOWER LIMITED financials
Celtpower Limited's latest turnover from December 2023 is £5.6 million and the company has net assets of £12.3 million. According to their latest financial statements, we estimate that Celtpower Limited has 11 employees and maintains cash reserves of £12.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,551,000 | 6,227,000 | 3,987,000 | 5,380,000 | 5,070,000 | 5,187,000 | 4,699,000 | 3,772,000 | 5,660,000 | 5,108,000 | 5,258,000 | 3,716,000 | 5,350,000 | 3,212,000 | 5,864,000 |
| Other Income Or Grants | 0 | 0 | -2,214,000 | -1,896,000 | 0 | ||||||||||
| Cost Of Sales | 203,000 | 265,000 | 90,000 | 122,000 | 98,000 | ||||||||||
| Gross Profit | 5,348,000 | 5,962,000 | 3,076,000 | 3,052,000 | 5,089,000 | ||||||||||
| Admin Expenses | 2,305,000 | 3,052,000 | 742,000 | 810,000 | 1,370,000 | ||||||||||
| Operating Profit | 3,043,000 | 2,910,000 | 342,000 | 2,334,000 | 2,242,000 | 3,719,000 | 2,565,000 | 653,000 | -6,691,000 | 2,366,000 | 1,158,000 | 2,748,000 | 1,064,000 | 3,443,000 | |
| Interest Payable | 263,000 | 111,000 | 0 | 42,000 | 48,000 | 55,000 | 49,000 | 42,000 | 32,000 | 45,000 | 0 | 0 | 0 | 70,000 | 91,000 |
| Interest Receivable | 349,000 | 54,000 | 34,000 | 41,000 | 58,000 | 3,000 | 20,000 | 14,000 | 9,000 | 7,000 | 7,000 | 8,000 | 7,000 | 7,000 | 11,000 |
| Pre-Tax Profit | 3,129,000 | 2,853,000 | 376,000 | 2,333,000 | 2,252,000 | 3,030,000 | 2,536,000 | 625,000 | -6,714,000 | 1,872,000 | 2,373,000 | 1,166,000 | 2,764,000 | 1,001,000 | 3,363,000 |
| Tax | -842,000 | -573,000 | -115,000 | -490,000 | -261,000 | -651,000 | -508,000 | -343,000 | -791,000 | -620,000 | -741,000 | -450,000 | -903,000 | -292,000 | -906,000 |
| Profit After Tax | 2,287,000 | 2,280,000 | 261,000 | 1,843,000 | 1,991,000 | 2,379,000 | 2,028,000 | 282,000 | -7,505,000 | 1,252,000 | 1,632,000 | 716,000 | 1,861,000 | 709,000 | 2,457,000 |
| Dividends Paid | 0 | 500,000 | 0 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 2,000,000 | 2,400,000 | 1,000,000 | 3,000,000 | 1,000,000 | 3,000,000 |
| Retained Profit | 2,287,000 | 1,780,000 | 261,000 | -1,157,000 | 1,991,000 | 2,379,000 | 2,028,000 | 282,000 | -7,505,000 | -748,000 | -768,000 | -284,000 | -1,139,000 | -291,000 | -543,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||||||||
| EBITDA* | 3,459,000 | 3,710,000 | 1,533,000 | 3,407,000 | 2,959,000 | 4,364,000 | 2,987,000 | 1,975,000 | 4,193,000 | 3,372,000 | 1,967,000 | 3,470,000 | 1,960,000 | 4,196,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,360,000 | 5,849,000 | 6,328,000 | 3,589,000 | 4,465,000 | 3,832,000 | 4,483,000 | 3,828,000 | 4,478,000 | 13,113,000 | 11,442,000 | 8,865,000 | 8,176,000 | 6,682,000 | 6,445,000 |
| Intangible Assets | 23,000 | 28,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,014,000 | 3,096,000 | 3,088,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,383,000 | 5,877,000 | 6,239,000 | 3,574,000 | 4,465,000 | 3,832,000 | 4,483,000 | 3,828,000 | 4,478,000 | 13,113,000 | 11,442,000 | 8,865,000 | 8,176,000 | 6,682,000 | 6,445,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,611,000 | 2,749,000 | 1,169,000 | 1,846,000 | 1,966,000 | 2,139,000 | 1,878,000 | 1,173,000 | 2,126,000 | 2,369,000 | 3,000 | 436,000 | 525,000 | 349,000 | 856,000 |
| Group Debtors | 2,000 | 2,000 | 2,000 | 3,001,000 | 3,002,000 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 62,000 | 57,000 | 82,000 | 55,000 | 53,000 | 53,000 | 45,000 | 72,000 | 251,000 | 66,000 | 1,873,000 | 1,737,000 | 1,259,000 | 919,000 | 1,609,000 |
| Cash | 12,767,000 | 9,248,000 | 8,878,000 | 7,330,000 | 7,973,000 | 6,900,000 | 8,210,000 | 7,016,000 | 4,875,000 | 1,305,000 | 1,895,000 | 2,762,000 | 3,196,000 | 3,230,000 | 2,840,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,932,000 | 12,329,000 | 10,246,000 | 12,232,000 | 12,994,000 | 12,092,000 | 10,133,000 | 8,261,000 | 7,252,000 | 3,740,000 | 3,771,000 | 4,935,000 | 4,980,000 | 4,498,000 | 5,305,000 |
| total assets | 20,315,000 | 18,206,000 | 16,485,000 | 15,806,000 | 17,459,000 | 15,924,000 | 14,616,000 | 12,089,000 | 11,730,000 | 16,853,000 | 15,213,000 | 13,800,000 | 13,156,000 | 11,180,000 | 11,750,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 681,000 | 645,000 | 854,000 | 596,000 | 587,000 | 1,505,000 | 423,000 | 515,000 | 432,000 | 386,000 | 635,000 | 3,183,000 | 268,000 | 164,000 | 347,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 8,000 | 7,000 | 1,000 | 6,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 290,000 | 281,000 | 252,000 | 218,000 | 676,000 | 913,000 | 2,353,000 | 1,512,000 | 2,041,000 | 917,000 | 930,000 | 445,000 | 2,631,000 | 505,000 | 1,222,000 |
| total current liabilities | 979,000 | 933,000 | 1,107,000 | 820,000 | 1,269,000 | 2,418,000 | 2,776,000 | 2,027,000 | 2,473,000 | 1,303,000 | 1,565,000 | 3,628,000 | 2,899,000 | 669,000 | 1,569,000 |
| loans | 30,000 | 42,000 | 0 | 2,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 15,000 | 21,000 | 0 | 1,000 | 7,000 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 23,000 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 14,086,000 | 14,522,000 | 14,334,000 | 14,024,000 | 14,106,000 | 12,780,000 | 14,188,000 | 14,688,000 | 13,642,000 | 14,098,000 | 5,354,000 | 4,122,000 | 3,923,000 | 3,705,000 | 3,084,000 |
| total long term liabilities | 7,058,000 | 7,282,000 | 7,167,000 | 7,036,000 | 7,083,000 | 6,390,000 | 7,094,000 | 7,344,000 | 6,821,000 | 7,049,000 | 5,354,000 | 4,122,000 | 3,923,000 | 3,705,000 | 3,084,000 |
| total liabilities | 8,037,000 | 8,215,000 | 8,274,000 | 7,856,000 | 8,352,000 | 8,808,000 | 9,870,000 | 9,371,000 | 9,294,000 | 8,352,000 | 6,919,000 | 7,750,000 | 6,822,000 | 4,374,000 | 4,653,000 |
| net assets | 12,278,000 | 9,991,000 | 8,211,000 | 7,950,000 | 9,107,000 | 7,116,000 | 4,746,000 | 2,718,000 | 2,436,000 | 8,501,000 | 8,294,000 | 6,050,000 | 6,334,000 | 6,806,000 | 7,097,000 |
| total shareholders funds | 12,278,000 | 9,991,000 | 8,211,000 | 7,950,000 | 9,107,000 | 7,116,000 | 4,746,000 | 2,718,000 | 2,436,000 | 8,501,000 | 8,294,000 | 6,050,000 | 6,334,000 | 6,806,000 | 7,097,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,043,000 | 2,910,000 | 342,000 | 2,334,000 | 2,242,000 | 3,719,000 | 2,565,000 | 653,000 | -6,691,000 | 2,366,000 | 1,158,000 | 2,748,000 | 1,064,000 | 3,443,000 | |
| Depreciation | 409,000 | 793,000 | 1,191,000 | 1,073,000 | 717,000 | 645,000 | 422,000 | 1,322,000 | 10,884,000 | 1,222,000 | 1,006,000 | 809,000 | 722,000 | 896,000 | 753,000 |
| Amortisation | 7,000 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -842,000 | -573,000 | -115,000 | -490,000 | -261,000 | -651,000 | -508,000 | -343,000 | -791,000 | -620,000 | -741,000 | -450,000 | -903,000 | -292,000 | -906,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,215,000 | 1,563,000 | -576,000 | -104,000 | -171,000 | 3,269,000 | 678,000 | -1,132,000 | -58,000 | 559,000 | -297,000 | 389,000 | 516,000 | -1,197,000 | 2,465,000 |
| Creditors | 36,000 | -209,000 | 258,000 | 9,000 | -918,000 | 1,082,000 | -92,000 | 83,000 | 46,000 | -249,000 | -2,548,000 | 2,915,000 | 104,000 | -183,000 | 347,000 |
| Accruals and Deferred Income | 9,000 | 29,000 | 34,000 | -458,000 | -237,000 | -1,440,000 | 841,000 | -529,000 | 1,124,000 | -13,000 | 485,000 | -2,186,000 | 2,126,000 | -717,000 | 1,222,000 |
| Deferred Taxes & Provisions | -436,000 | 188,000 | 310,000 | -82,000 | 1,326,000 | -1,408,000 | -500,000 | 1,046,000 | -456,000 | 8,744,000 | 1,232,000 | 199,000 | 218,000 | 621,000 | 3,084,000 |
| Cash flow from operations | 3,441,000 | 1,582,000 | 2,596,000 | 2,490,000 | 3,040,000 | -1,322,000 | 2,050,000 | 3,364,000 | 4,174,000 | 2,097,000 | 2,056,000 | 4,499,000 | 2,586,000 | 5,478,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -2,357,000 | -1,304,000 | -458,000 | -373,000 | -949,000 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -2,357,000 | -1,304,000 | -458,000 | -373,000 | -949,000 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -12,000 | 42,000 | -2,000 | -12,000 | 14,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -5,000 | 27,000 | -6,000 | -6,000 | 13,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -23,000 | 0 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 86,000 | -57,000 | 34,000 | -1,000 | 10,000 | -52,000 | -29,000 | -28,000 | -23,000 | -38,000 | 7,000 | 8,000 | 7,000 | -63,000 | -80,000 |
| cash flow from financing | 69,000 | 12,000 | 3,000 | -19,000 | 60,000 | -61,000 | -29,000 | -28,000 | 1,417,000 | 917,000 | 3,019,000 | 8,000 | 674,000 | -63,000 | 7,560,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 3,519,000 | 370,000 | 1,548,000 | -643,000 | 1,073,000 | -1,310,000 | 1,194,000 | 2,141,000 | 3,570,000 | -590,000 | -867,000 | -434,000 | -34,000 | 390,000 | 2,840,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,519,000 | 370,000 | 1,548,000 | -643,000 | 1,073,000 | -1,310,000 | 1,194,000 | 2,141,000 | 3,570,000 | -590,000 | -867,000 | -434,000 | -34,000 | 390,000 | 2,840,000 |
celtpower limited Credit Report and Business Information
Celtpower Limited Competitor Analysis
Perform a competitor analysis for celtpower limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in CH43 area or any other competitors across 12 key performance metrics.
celtpower limited Ownership
CELTPOWER LIMITED group structure
Celtpower Limited has no subsidiary companies.
Ultimate parent company
IBERDROLA SA
#0055172
2 parents
CELTPOWER LIMITED
02656561
celtpower limited directors
Celtpower Limited currently has 5 directors. The longest serving directors include Mr Robert Pryce (Mar 2017) and Mr Javier Carrero Vicente (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Pryce | 52 years | Mar 2017 | - | Director | |
| Mr Javier Carrero Vicente | Netherlands | 56 years | Sep 2021 | - | Director |
| Mr James Paterson | 51 years | Dec 2021 | - | Director | |
| Ms Mhairi Rae | Scotland | 46 years | Oct 2023 | - | Director |
| Mr Ross Galbraith | England | 46 years | May 2024 | - | Director |
P&L
December 2023turnover
5.6m
-11%
operating profit
3m
+5%
gross margin
96.4%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.3m
+0.23%
total assets
20.3m
+0.12%
cash
12.8m
+0.38%
net assets
Total assets minus all liabilities
celtpower limited company details
company number
02656561
Type
Private limited with Share Capital
industry
35110 - Production of electricity
35130 - Distribution of electricity
incorporation date
October 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
adaprojects (p&l) limited (June 1993)
rewardtreat limited (February 1992)
accountant
-
auditor
KPMG LLP
address
3 prenton way, prenton, CH43 3ET
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
celtpower 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 1 charges/mortgages relating to celtpower limited. Currently there are 0 open charges and 1 have been satisfied in the past.
celtpower limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CELTPOWER LIMITED. This can take several minutes, an email will notify you when this has completed.
celtpower limited Companies House Filings - See Documents
| date | description | view/download |
|---|
