west durham windfarm limited

4.5

west durham windfarm limited Company Information

Share WEST DURHAM WINDFARM LIMITED
Live 
MatureMidHigh

Company Number

03658399

Website

-

Registered Address

eastcastle house, 27/28 eastcastle street, london, W1W 8DH

Industry

Production of electricity

 

Telephone

-

Next Accounts Due

September 2025

Group Structure

View All

Directors

John Gartland4 Years

Mihai Diac2 Years

View All

Shareholders

west durham wind farm (holdings) ltd 100%

west durham windfarm limited Estimated Valuation

£12.6m

Pomanda estimates the enterprise value of WEST DURHAM WINDFARM LIMITED at £12.6m based on a Turnover of £8m and 1.56x industry multiple (adjusted for size and gross margin).

west durham windfarm limited Estimated Valuation

£22.1m

Pomanda estimates the enterprise value of WEST DURHAM WINDFARM LIMITED at £22.1m based on an EBITDA of £4.8m and a 4.61x industry multiple (adjusted for size and gross margin).

west durham windfarm limited Estimated Valuation

£21.5m

Pomanda estimates the enterprise value of WEST DURHAM WINDFARM LIMITED at £21.5m based on Net Assets of £7.5m and 2.88x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

West Durham Windfarm Limited Overview

West Durham Windfarm Limited is a live company located in london, W1W 8DH with a Companies House number of 03658399. It operates in the production of electricity sector, SIC Code 35110. Founded in October 1998, it's largest shareholder is west durham wind farm (holdings) ltd with a 100% stake. West Durham Windfarm Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

West Durham Windfarm Limited Health Check

Pomanda's financial health check has awarded West Durham Windfarm Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £8m, make it larger than the average company (£1.8m)

£8m - West Durham Windfarm Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (11.2%)

30% - West Durham Windfarm Limited

11.2% - Industry AVG

production

Production

with a gross margin of 53.7%, this company has a higher cost of product (73.2%)

53.7% - West Durham Windfarm Limited

73.2% - Industry AVG

profitability

Profitability

an operating margin of 35.2% make it less profitable than the average company (51.6%)

35.2% - West Durham Windfarm Limited

51.6% - Industry AVG

employees

Employees

with 18 employees, this is above the industry average (3)

18 - West Durham Windfarm Limited

3 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - West Durham Windfarm Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £446.6k, this is equally as efficient (£461.2k)

£446.6k - West Durham Windfarm Limited

£461.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is near the average (16 days)

18 days - West Durham Windfarm Limited

16 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - West Durham Windfarm Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - West Durham Windfarm Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (9 weeks)

42 weeks - West Durham Windfarm Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58%, this is a lower level of debt than the average (89.5%)

58% - West Durham Windfarm Limited

89.5% - Industry AVG

WEST DURHAM WINDFARM LIMITED financials

EXPORTms excel logo

West Durham Windfarm Limited's latest turnover from December 2023 is £8 million and the company has net assets of £7.5 million. According to their latest financial statements, we estimate that West Durham Windfarm Limited has 18 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Turnover8,039,00012,665,0004,564,0003,662,0005,137,0006,109,0006,190,0004,738,0006,102,0004,891,0006,266,0004,622,0005,705,0003,844,0004,298,000
Other Income Or Grants000000000000000
Cost Of Sales3,719,0002,932,0002,281,0002,296,0002,419,0002,477,0002,459,0002,265,0002,430,0002,138,0002,538,000731,000391,000524,000285,000
Gross Profit4,320,0009,733,0002,283,0001,366,0002,718,0003,632,0003,731,0002,473,0003,672,0002,753,0003,728,0003,891,0005,314,0003,320,0004,013,000
Admin Expenses1,492,000692,0001,011,000528,000411,000682,000561,000621,000676,000630,000584,0002,203,0001,940,0001,642,0001,597,000
Operating Profit2,828,0009,041,0001,272,000838,0002,307,0002,950,0003,170,0001,852,0002,996,0002,123,0003,144,0001,688,0003,374,0001,678,0002,416,000
Interest Payable153,000158,000508,000670,000745,000793,000865,000956,0001,032,0001,965,0001,182,0001,472,0001,675,0001,105,0001,007,000
Interest Receivable252,00026,000122,000192,000219,00019,00013,00020,00019,00028,00019,0000000
Pre-Tax Profit2,927,0008,909,000886,000360,0001,781,0002,812,0002,923,000740,0002,587,000186,0001,981,000216,0001,699,000573,0001,409,000
Tax-772,000-1,725,000-681,000-224,000128,000-708,000-528,000-131,000-373,000-67,000-215,000-173,000261,000-153,000-535,000
Profit After Tax2,155,0007,184,000205,000136,0001,909,0002,104,0002,395,000609,0002,214,000119,0001,766,00043,0001,960,000420,000874,000
Dividends Paid3,000,0006,000,00000001,500,00004,000,000000000
Retained Profit-845,0001,184,000205,000136,0001,909,0002,104,000895,000609,000-1,786,000119,0001,766,00043,0001,960,000420,000874,000
Employee Costs000000000000000
Number Of Employees18411713172123141513151012912
EBITDA*4,790,00010,903,0003,174,0002,565,0004,010,0004,685,0004,749,0003,433,0004,577,0003,704,0004,726,0003,268,0004,955,0002,863,0003,472,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Tangible Assets10,182,00012,056,00015,745,00016,743,00018,467,00018,003,00018,589,00019,814,00021,389,00022,964,00024,539,00026,114,00027,688,00029,263,00030,444,000
Intangible Assets2,680,0002,661,000000066,00070,00076,00082,00088,00095,000101,000107,000111,000
Investments & Other000000000703,00000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets12,862,00014,717,00015,745,00016,743,00018,467,00018,003,00018,655,00019,884,00021,465,00023,749,00024,627,00026,209,00027,789,00029,370,00030,555,000
Stock & work in progress000000000000000
Trade Debtors405,0001,166,000164,000554,000323,000316,0000239,0001,160,0001,299,0001,727,0001,678,0002,150,0001,597,0001,450,000
Group Debtors000499,0002,897,0002,879,0004,199,0004,186,0000003,525,000000
Misc Debtors1,661,0001,584,0001,156,000783,0001,257,0001,575,0001,681,0001,197,000184,000206,000601,000608,0001,553,000108,000288,000
Cash2,871,00014,529,0002,612,0006,243,0006,028,0004,066,0004,320,0003,948,0007,103,0008,733,0006,954,0001,518,0003,071,0002,325,0002,879,000
misc current assets000000000000000
total current assets4,937,00017,279,0003,932,0008,079,00010,505,0008,836,00010,200,0009,570,0008,447,00010,238,0009,282,0007,329,0006,774,0004,030,0004,617,000
total assets17,799,00031,996,00019,677,00024,822,00028,972,00026,839,00028,855,00029,454,00029,912,00033,987,00033,909,00033,538,00034,563,00033,400,00035,172,000
Bank overdraft000000000000000
Bank loan0001,720,0001,633,0001,633,0001,660,0001,632,0001,546,0001,488,0001,488,0001,428,000597,0001,597,0001,626,000
Trade Creditors 022,00017,00047,000319,000353,00034,000247,00019,000151,000118,000463,000737,000596,000910,000
Group/Directors Accounts2,882,0007,713,0001,268,00047,0002,434,0002,578,0005,680,0006,133,0004,780,0004,330,0004,138,0004,039,0003,890,0003,950,0003,841,000
other short term finances000497,000497,000446,000559,00000000000
hp & lease commitments283,000245,000155,000155,000155,0000000000000
other current liabilities311,0007,266,0001,673,000677,000738,000494,000380,000262,000563,000410,000737,000568,000303,000659,0001,208,000
total current liabilities3,476,00015,246,0003,113,0003,143,0005,776,0005,504,0008,313,0008,274,0006,908,0006,379,0006,481,0006,498,0005,527,0006,802,0007,585,000
loans2,231,0003,303,0004,515,00010,009,00011,917,00013,796,00014,029,00015,689,00017,321,00018,867,00020,355,00021,844,00024,043,00024,639,00026,201,000
hp & lease commitments2,417,0002,394,0001,514,0001,651,0001,779,0000000000000
Accruals and Deferred Income000000000000000
other liabilities0000001,925,0002,461,0002,913,0003,516,00000000
provisions2,199,0002,732,0003,398,0003,087,0002,704,0002,652,0001,805,0001,142,0001,491,0002,160,0001,999,0001,888,0001,728,000654,000501,000
total long term liabilities6,847,0008,429,0009,427,00014,747,00016,400,00016,448,00017,759,00019,292,00021,725,00024,543,00022,354,00023,732,00025,771,00025,293,00026,702,000
total liabilities10,323,00023,675,00012,540,00017,890,00022,176,00021,952,00026,072,00027,566,00028,633,00030,922,00028,835,00030,230,00031,298,00032,095,00034,287,000
net assets7,476,0008,321,0007,137,0006,932,0006,796,0004,887,0002,783,0001,888,0001,279,0003,065,0005,074,0003,308,0003,265,0001,305,000885,000
total shareholders funds7,476,0008,321,0007,137,0006,932,0006,796,0004,887,0002,783,0001,888,0001,279,0003,065,0005,074,0003,308,0003,265,0001,305,000885,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Operating Activities
Operating Profit2,828,0009,041,0001,272,000838,0002,307,0002,950,0003,170,0001,852,0002,996,0002,123,0003,144,0001,688,0003,374,0001,678,0002,416,000
Depreciation1,635,0001,708,0001,902,0001,727,0001,703,0001,730,0001,575,0001,575,0001,575,0001,575,0001,575,0001,574,0001,575,0001,181,0001,050,000
Amortisation327,000154,0000005,0004,0006,0006,0006,0007,0006,0006,0004,0006,000
Tax-772,000-1,725,000-681,000-224,000128,000-708,000-528,000-131,000-373,000-67,000-215,000-173,000261,000-153,000-535,000
Stock000000000000000
Debtors-684,0001,430,000-516,000-2,641,000-293,000-1,110,000258,0004,278,000-161,000-823,000-3,483,0002,108,0001,998,0001,705,0001,738,000
Creditors-22,0005,000-30,000-272,000-34,000319,000-213,000228,000-132,00033,000-345,000-274,000141,000596,000910,000
Accruals and Deferred Income-6,955,0005,593,000996,000-61,000244,000114,000118,000-301,000153,000-327,000169,000265,000-356,000659,0001,208,000
Deferred Taxes & Provisions-533,000-666,000311,000383,00052,000847,000663,000-349,000-669,000161,000111,000160,0001,074,000654,000501,000
Cash flow from operations-2,808,00012,680,0004,286,0005,032,0004,693,0006,367,0004,531,000-1,398,0003,717,0004,327,0007,929,0001,138,0004,077,0002,914,0003,818,000
Investing Activities
capital expenditure-107,000-834,000-904,000-3,000-2,167,000-1,083,000-350,000000000-30,555,000-31,611,000
Change in Investments00000000-703,000703,00000000
cash flow from investments-107,000-834,000-904,000-3,000-2,167,000-1,083,000-350,0000703,000-703,000000-30,555,000-31,611,000
Financing Activities
Bank loans00-1,720,00087,0000-27,00028,00086,00058,000060,000831,000-1,000,0001,597,0001,626,000
Group/Directors Accounts-4,831,0006,445,0001,221,000-2,387,000-144,000-3,102,000-453,0001,353,000450,000192,00099,000149,000-60,0003,950,0003,841,000
Other Short Term Loans 00-497,000051,000-113,000559,00000000000
Long term loans-1,072,000-1,212,000-5,494,000-1,908,000-1,879,000-233,000-1,660,000-1,632,000-1,546,000-1,488,000-1,489,000-2,199,000-596,00024,639,00026,201,000
Hire Purchase and Lease Commitments61,000970,000-137,000-128,0001,934,0000000000000
other long term liabilities00000-1,925,000-536,000-452,000-603,0003,516,00000000
share issue000000000-2,128,000000885,00011,000
interest99,000-132,000-386,000-478,000-526,000-774,000-852,000-936,000-1,013,000-1,937,000-1,163,000-1,472,000-1,675,000-1,105,000-1,007,000
cash flow from financing-5,743,0006,071,000-7,013,000-4,814,000-564,000-6,174,000-2,914,000-1,581,000-2,654,000-1,845,000-2,493,000-2,691,000-3,331,00029,966,00030,672,000
cash and cash equivalents
cash-11,658,00011,917,000-3,631,000215,0001,962,000-254,000372,000-3,155,000-1,630,0001,779,0005,436,000-1,553,000746,0002,325,0002,879,000
overdraft000000000000000
change in cash-11,658,00011,917,000-3,631,000215,0001,962,000-254,000372,000-3,155,000-1,630,0001,779,0005,436,000-1,553,000746,0002,325,0002,879,000

west durham windfarm limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for west durham windfarm limited. Get real-time insights into west durham windfarm limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

West Durham Windfarm Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for west durham windfarm limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.

west durham windfarm limited Ownership

WEST DURHAM WINDFARM LIMITED group structure

West Durham Windfarm Limited has no subsidiary companies.

Ultimate parent company

ELECTRICITY SUPPLY BOARD

#0050143

2 parents

WEST DURHAM WINDFARM LIMITED

03658399

WEST DURHAM WINDFARM LIMITED Shareholders

west durham wind farm (holdings) ltd 100%

west durham windfarm limited directors

West Durham Windfarm Limited currently has 4 directors. The longest serving directors include Mr John Gartland (Mar 2020) and Mihai Diac (Jun 2022).

officercountryagestartendrole
Mr John GartlandEngland59 years Mar 2020- Director
Mihai DiacEngland58 years Jun 2022- Director
Ms Maria O'BrienEngland51 years Nov 2023- Director
Mr Patrick Keane54 years Mar 2024- Director

P&L

December 2023

turnover

8m

-37%

operating profit

2.8m

-69%

gross margin

53.8%

-30.07%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

7.5m

-0.1%

total assets

17.8m

-0.44%

cash

2.9m

-0.8%

net assets

Total assets minus all liabilities

west durham windfarm limited company details

company number

03658399

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

October 1998

age

26

incorporated

UK

ultimate parent company

ELECTRICITY SUPPLY BOARD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

denby park development company limited (November 2005)

crossco (370) limited (November 1999)

accountant

-

auditor

DELOITTE (NI) LIMITED

address

eastcastle house, 27/28 eastcastle street, london, W1W 8DH

Bank

HSBC BANK PLC

Legal Advisor

-

west durham windfarm 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 west durham windfarm limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

west durham windfarm limited Companies House Filings - See Documents

datedescriptionview/download