west durham windfarm limited Company Information
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
Shareholders
west durham wind farm (holdings) ltd 100%
west durham windfarm limited Estimated Valuation
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
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
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.
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
5 Strong
2 Regular
2 Weak
Size
annual sales of £8m, make it larger than the average company (£1.8m)
£8m - West Durham Windfarm Limited
£1.8m - Industry AVG
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
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
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
with 18 employees, this is above the industry average (3)
- West Durham Windfarm Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- West Durham Windfarm Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £446.6k, this is equally as efficient (£461.2k)
- West Durham Windfarm Limited
£461.2k - Industry AVG
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
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - West Durham Windfarm Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - West Durham Windfarm Limited
- - Industry AVG
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
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
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 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 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,039,000 | 12,665,000 | 4,564,000 | 3,662,000 | 5,137,000 | 6,109,000 | 6,190,000 | 4,738,000 | 6,102,000 | 4,891,000 | 6,266,000 | 4,622,000 | 5,705,000 | 3,844,000 | 4,298,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 3,719,000 | 2,932,000 | 2,281,000 | 2,296,000 | 2,419,000 | 2,477,000 | 2,459,000 | 2,265,000 | 2,430,000 | 2,138,000 | 2,538,000 | 731,000 | 391,000 | 524,000 | 285,000 |
Gross Profit | 4,320,000 | 9,733,000 | 2,283,000 | 1,366,000 | 2,718,000 | 3,632,000 | 3,731,000 | 2,473,000 | 3,672,000 | 2,753,000 | 3,728,000 | 3,891,000 | 5,314,000 | 3,320,000 | 4,013,000 |
Admin Expenses | 1,492,000 | 692,000 | 1,011,000 | 528,000 | 411,000 | 682,000 | 561,000 | 621,000 | 676,000 | 630,000 | 584,000 | 2,203,000 | 1,940,000 | 1,642,000 | 1,597,000 |
Operating Profit | 2,828,000 | 9,041,000 | 1,272,000 | 838,000 | 2,307,000 | 2,950,000 | 3,170,000 | 1,852,000 | 2,996,000 | 2,123,000 | 3,144,000 | 1,688,000 | 3,374,000 | 1,678,000 | 2,416,000 |
Interest Payable | 153,000 | 158,000 | 508,000 | 670,000 | 745,000 | 793,000 | 865,000 | 956,000 | 1,032,000 | 1,965,000 | 1,182,000 | 1,472,000 | 1,675,000 | 1,105,000 | 1,007,000 |
Interest Receivable | 252,000 | 26,000 | 122,000 | 192,000 | 219,000 | 19,000 | 13,000 | 20,000 | 19,000 | 28,000 | 19,000 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 2,927,000 | 8,909,000 | 886,000 | 360,000 | 1,781,000 | 2,812,000 | 2,923,000 | 740,000 | 2,587,000 | 186,000 | 1,981,000 | 216,000 | 1,699,000 | 573,000 | 1,409,000 |
Tax | -772,000 | -1,725,000 | -681,000 | -224,000 | 128,000 | -708,000 | -528,000 | -131,000 | -373,000 | -67,000 | -215,000 | -173,000 | 261,000 | -153,000 | -535,000 |
Profit After Tax | 2,155,000 | 7,184,000 | 205,000 | 136,000 | 1,909,000 | 2,104,000 | 2,395,000 | 609,000 | 2,214,000 | 119,000 | 1,766,000 | 43,000 | 1,960,000 | 420,000 | 874,000 |
Dividends Paid | 3,000,000 | 6,000,000 | 0 | 0 | 0 | 0 | 1,500,000 | 0 | 4,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -845,000 | 1,184,000 | 205,000 | 136,000 | 1,909,000 | 2,104,000 | 895,000 | 609,000 | -1,786,000 | 119,000 | 1,766,000 | 43,000 | 1,960,000 | 420,000 | 874,000 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | |||||||||||||||
EBITDA* | 4,790,000 | 10,903,000 | 3,174,000 | 2,565,000 | 4,010,000 | 4,685,000 | 4,749,000 | 3,433,000 | 4,577,000 | 3,704,000 | 4,726,000 | 3,268,000 | 4,955,000 | 2,863,000 | 3,472,000 |
* 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 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 10,182,000 | 12,056,000 | 15,745,000 | 16,743,000 | 18,467,000 | 18,003,000 | 18,589,000 | 19,814,000 | 21,389,000 | 22,964,000 | 24,539,000 | 26,114,000 | 27,688,000 | 29,263,000 | 30,444,000 |
Intangible Assets | 2,680,000 | 2,661,000 | 0 | 0 | 0 | 0 | 66,000 | 70,000 | 76,000 | 82,000 | 88,000 | 95,000 | 101,000 | 107,000 | 111,000 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 703,000 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 12,862,000 | 14,717,000 | 15,745,000 | 16,743,000 | 18,467,000 | 18,003,000 | 18,655,000 | 19,884,000 | 21,465,000 | 23,749,000 | 24,627,000 | 26,209,000 | 27,789,000 | 29,370,000 | 30,555,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 405,000 | 1,166,000 | 164,000 | 554,000 | 323,000 | 316,000 | 0 | 239,000 | 1,160,000 | 1,299,000 | 1,727,000 | 1,678,000 | 2,150,000 | 1,597,000 | 1,450,000 |
Group Debtors | 0 | 0 | 0 | 499,000 | 2,897,000 | 2,879,000 | 4,199,000 | 4,186,000 | 0 | 0 | 0 | 3,525,000 | 0 | 0 | 0 |
Misc Debtors | 1,661,000 | 1,584,000 | 1,156,000 | 783,000 | 1,257,000 | 1,575,000 | 1,681,000 | 1,197,000 | 184,000 | 206,000 | 601,000 | 608,000 | 1,553,000 | 108,000 | 288,000 |
Cash | 2,871,000 | 14,529,000 | 2,612,000 | 6,243,000 | 6,028,000 | 4,066,000 | 4,320,000 | 3,948,000 | 7,103,000 | 8,733,000 | 6,954,000 | 1,518,000 | 3,071,000 | 2,325,000 | 2,879,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,937,000 | 17,279,000 | 3,932,000 | 8,079,000 | 10,505,000 | 8,836,000 | 10,200,000 | 9,570,000 | 8,447,000 | 10,238,000 | 9,282,000 | 7,329,000 | 6,774,000 | 4,030,000 | 4,617,000 |
total assets | 17,799,000 | 31,996,000 | 19,677,000 | 24,822,000 | 28,972,000 | 26,839,000 | 28,855,000 | 29,454,000 | 29,912,000 | 33,987,000 | 33,909,000 | 33,538,000 | 34,563,000 | 33,400,000 | 35,172,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 1,720,000 | 1,633,000 | 1,633,000 | 1,660,000 | 1,632,000 | 1,546,000 | 1,488,000 | 1,488,000 | 1,428,000 | 597,000 | 1,597,000 | 1,626,000 |
Trade Creditors | 0 | 22,000 | 17,000 | 47,000 | 319,000 | 353,000 | 34,000 | 247,000 | 19,000 | 151,000 | 118,000 | 463,000 | 737,000 | 596,000 | 910,000 |
Group/Directors Accounts | 2,882,000 | 7,713,000 | 1,268,000 | 47,000 | 2,434,000 | 2,578,000 | 5,680,000 | 6,133,000 | 4,780,000 | 4,330,000 | 4,138,000 | 4,039,000 | 3,890,000 | 3,950,000 | 3,841,000 |
other short term finances | 0 | 0 | 0 | 497,000 | 497,000 | 446,000 | 559,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 283,000 | 245,000 | 155,000 | 155,000 | 155,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 311,000 | 7,266,000 | 1,673,000 | 677,000 | 738,000 | 494,000 | 380,000 | 262,000 | 563,000 | 410,000 | 737,000 | 568,000 | 303,000 | 659,000 | 1,208,000 |
total current liabilities | 3,476,000 | 15,246,000 | 3,113,000 | 3,143,000 | 5,776,000 | 5,504,000 | 8,313,000 | 8,274,000 | 6,908,000 | 6,379,000 | 6,481,000 | 6,498,000 | 5,527,000 | 6,802,000 | 7,585,000 |
loans | 2,231,000 | 3,303,000 | 4,515,000 | 10,009,000 | 11,917,000 | 13,796,000 | 14,029,000 | 15,689,000 | 17,321,000 | 18,867,000 | 20,355,000 | 21,844,000 | 24,043,000 | 24,639,000 | 26,201,000 |
hp & lease commitments | 2,417,000 | 2,394,000 | 1,514,000 | 1,651,000 | 1,779,000 | 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 | 0 | 0 | 0 | 1,925,000 | 2,461,000 | 2,913,000 | 3,516,000 | 0 | 0 | 0 | 0 | 0 |
provisions | 2,199,000 | 2,732,000 | 3,398,000 | 3,087,000 | 2,704,000 | 2,652,000 | 1,805,000 | 1,142,000 | 1,491,000 | 2,160,000 | 1,999,000 | 1,888,000 | 1,728,000 | 654,000 | 501,000 |
total long term liabilities | 6,847,000 | 8,429,000 | 9,427,000 | 14,747,000 | 16,400,000 | 16,448,000 | 17,759,000 | 19,292,000 | 21,725,000 | 24,543,000 | 22,354,000 | 23,732,000 | 25,771,000 | 25,293,000 | 26,702,000 |
total liabilities | 10,323,000 | 23,675,000 | 12,540,000 | 17,890,000 | 22,176,000 | 21,952,000 | 26,072,000 | 27,566,000 | 28,633,000 | 30,922,000 | 28,835,000 | 30,230,000 | 31,298,000 | 32,095,000 | 34,287,000 |
net assets | 7,476,000 | 8,321,000 | 7,137,000 | 6,932,000 | 6,796,000 | 4,887,000 | 2,783,000 | 1,888,000 | 1,279,000 | 3,065,000 | 5,074,000 | 3,308,000 | 3,265,000 | 1,305,000 | 885,000 |
total shareholders funds | 7,476,000 | 8,321,000 | 7,137,000 | 6,932,000 | 6,796,000 | 4,887,000 | 2,783,000 | 1,888,000 | 1,279,000 | 3,065,000 | 5,074,000 | 3,308,000 | 3,265,000 | 1,305,000 | 885,000 |
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 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 2,828,000 | 9,041,000 | 1,272,000 | 838,000 | 2,307,000 | 2,950,000 | 3,170,000 | 1,852,000 | 2,996,000 | 2,123,000 | 3,144,000 | 1,688,000 | 3,374,000 | 1,678,000 | 2,416,000 |
Depreciation | 1,635,000 | 1,708,000 | 1,902,000 | 1,727,000 | 1,703,000 | 1,730,000 | 1,575,000 | 1,575,000 | 1,575,000 | 1,575,000 | 1,575,000 | 1,574,000 | 1,575,000 | 1,181,000 | 1,050,000 |
Amortisation | 327,000 | 154,000 | 0 | 0 | 0 | 5,000 | 4,000 | 6,000 | 6,000 | 6,000 | 7,000 | 6,000 | 6,000 | 4,000 | 6,000 |
Tax | -772,000 | -1,725,000 | -681,000 | -224,000 | 128,000 | -708,000 | -528,000 | -131,000 | -373,000 | -67,000 | -215,000 | -173,000 | 261,000 | -153,000 | -535,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -684,000 | 1,430,000 | -516,000 | -2,641,000 | -293,000 | -1,110,000 | 258,000 | 4,278,000 | -161,000 | -823,000 | -3,483,000 | 2,108,000 | 1,998,000 | 1,705,000 | 1,738,000 |
Creditors | -22,000 | 5,000 | -30,000 | -272,000 | -34,000 | 319,000 | -213,000 | 228,000 | -132,000 | 33,000 | -345,000 | -274,000 | 141,000 | 596,000 | 910,000 |
Accruals and Deferred Income | -6,955,000 | 5,593,000 | 996,000 | -61,000 | 244,000 | 114,000 | 118,000 | -301,000 | 153,000 | -327,000 | 169,000 | 265,000 | -356,000 | 659,000 | 1,208,000 |
Deferred Taxes & Provisions | -533,000 | -666,000 | 311,000 | 383,000 | 52,000 | 847,000 | 663,000 | -349,000 | -669,000 | 161,000 | 111,000 | 160,000 | 1,074,000 | 654,000 | 501,000 |
Cash flow from operations | -2,808,000 | 12,680,000 | 4,286,000 | 5,032,000 | 4,693,000 | 6,367,000 | 4,531,000 | -1,398,000 | 3,717,000 | 4,327,000 | 7,929,000 | 1,138,000 | 4,077,000 | 2,914,000 | 3,818,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -703,000 | 703,000 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -1,720,000 | 87,000 | 0 | -27,000 | 28,000 | 86,000 | 58,000 | 0 | 60,000 | 831,000 | -1,000,000 | 1,597,000 | 1,626,000 |
Group/Directors Accounts | -4,831,000 | 6,445,000 | 1,221,000 | -2,387,000 | -144,000 | -3,102,000 | -453,000 | 1,353,000 | 450,000 | 192,000 | 99,000 | 149,000 | -60,000 | 3,950,000 | 3,841,000 |
Other Short Term Loans | 0 | 0 | -497,000 | 0 | 51,000 | -113,000 | 559,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | -596,000 | 24,639,000 | 26,201,000 |
Hire Purchase and Lease Commitments | 61,000 | 970,000 | -137,000 | -128,000 | 1,934,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,925,000 | -536,000 | -452,000 | -603,000 | 3,516,000 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 99,000 | -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 | -5,743,000 | 6,071,000 | -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 | -3,331,000 | 29,966,000 | 30,672,000 |
cash and cash equivalents | |||||||||||||||
cash | -11,658,000 | 11,917,000 | -3,631,000 | 215,000 | 1,962,000 | -254,000 | 372,000 | -3,155,000 | -1,630,000 | 1,779,000 | 5,436,000 | -1,553,000 | 746,000 | 2,325,000 | 2,879,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -11,658,000 | 11,917,000 | -3,631,000 | 215,000 | 1,962,000 | -254,000 | 372,000 | -3,155,000 | -1,630,000 | 1,779,000 | 5,436,000 | -1,553,000 | 746,000 | 2,325,000 | 2,879,000 |
west durham windfarm limited Credit Report and Business Information
West Durham Windfarm Limited Competitor Analysis
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 directors
West Durham Windfarm Limited currently has 4 directors. The longest serving directors include Mr John Gartland (Mar 2020) and Mihai Diac (Jun 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Gartland | England | 59 years | Mar 2020 | - | Director |
Mihai Diac | England | 58 years | Jun 2022 | - | Director |
Ms Maria O'Brien | England | 51 years | Nov 2023 | - | Director |
Mr Patrick Keane | 54 years | Mar 2024 | - | Director |
P&L
December 2023turnover
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 2023net 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
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.
west durham windfarm limited Companies House Filings - See Documents
date | description | view/download |
---|