good energy limited Company Information
Company Number
03899612
Next Accounts
Sep 2025
Shareholders
good energy group plc
Group Structure
View All
Industry
Trade of electricity
Registered Address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
good energy limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY LIMITED at £644.3m based on a Turnover of £210.3m and 3.06x industry multiple (adjusted for size and gross margin).
good energy limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY LIMITED at £192.1m based on an EBITDA of £20.2m and a 9.51x industry multiple (adjusted for size and gross margin).
good energy limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY LIMITED at £66.4m based on Net Assets of £24.5m and 2.71x industry multiple (adjusted for liquidity).
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Good Energy Limited Overview
Good Energy Limited is a live company located in chippenham, SN15 1GH with a Companies House number of 03899612. It operates in the trade of electricity sector, SIC Code 35140. Founded in December 1999, it's largest shareholder is good energy group plc with a 100% stake. Good Energy Limited is a mature, mega sized company, Pomanda has estimated its turnover at £210.3m with high growth in recent years.
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Good Energy Limited Health Check
Pomanda's financial health check has awarded Good Energy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs


7 Strong

3 Regular

2 Weak

Size
annual sales of £210.3m, make it larger than the average company (£25.8m)
£210.3m - Good Energy Limited
£25.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 27%, show it is growing at a similar rate (31.6%)
27% - Good Energy Limited
31.6% - Industry AVG

Production
with a gross margin of 22.1%, this company has a lower cost of product (17.5%)
22.1% - Good Energy Limited
17.5% - Industry AVG

Profitability
an operating margin of 9.3% make it more profitable than the average company (4.3%)
9.3% - Good Energy Limited
4.3% - Industry AVG

Employees
with 235 employees, this is above the industry average (29)
235 - Good Energy Limited
29 - Industry AVG

Pay Structure
on an average salary of £54.3k, the company has an equivalent pay structure (£54.8k)
£54.3k - Good Energy Limited
£54.8k - Industry AVG

Efficiency
resulting in sales per employee of £895k, this is equally as efficient (£994.9k)
£895k - Good Energy Limited
£994.9k - Industry AVG

Debtor Days
it gets paid by customers after 13 days, this is earlier than average (23 days)
13 days - Good Energy Limited
23 days - Industry AVG

Creditor Days
its suppliers are paid after 3 days, this is quicker than average (10 days)
3 days - Good Energy Limited
10 days - Industry AVG

Stock Days
it holds stock equivalent to 24 days, this is more than average (12 days)
24 days - Good Energy Limited
12 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (8 weeks)
34 weeks - Good Energy Limited
8 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 73.7%, this is a lower level of debt than the average (88.6%)
73.7% - Good Energy Limited
88.6% - Industry AVG
GOOD ENERGY LIMITED financials

Good Energy Limited's latest turnover from December 2023 is £210.3 million and the company has net assets of £24.5 million. According to their latest financial statements, Good Energy Limited has 235 employees and maintains cash reserves of £44.9 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 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 210,331,642 | 211,289,349 | 121,910,304 | 102,852,150 | 95,135,914 | 85,069,398 | 73,893,471 | 61,227,018 | 44,094,207 | 34,136,009 | 27,316,472 | 23,124,951 | 18,175,643 | 17,829,849 | 17,070,630 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 163,873,545 | 190,663,808 | 109,960,873 | 84,212,873 | 76,142,772 | 65,266,209 | 56,331,012 | 45,298,152 | 30,079,128 | 23,515,275 | 18,391,910 | 15,809,516 | 11,694,288 | 12,451,936 | 12,851,015 |
Gross Profit | 46,458,097 | 20,625,541 | 11,949,431 | 18,639,277 | 18,993,142 | 19,803,189 | 17,562,459 | 15,928,866 | 14,015,079 | 10,620,734 | 8,924,562 | 7,315,435 | 6,481,355 | 5,377,913 | 4,219,615 |
Admin Expenses | 26,926,702 | 18,186,843 | 14,081,236 | 15,484,485 | 16,748,264 | 16,419,569 | 16,094,719 | 13,466,718 | 10,744,234 | 11,521,285 | 6,672,470 | 4,949,509 | 5,362,756 | 4,475,616 | 3,254,407 |
Operating Profit | 19,531,395 | 2,438,698 | -2,131,805 | 3,154,792 | 2,244,878 | 3,383,620 | 1,467,740 | 2,462,148 | 3,270,845 | -900,551 | 2,252,092 | 2,365,926 | 1,118,599 | 902,297 | 965,208 |
Interest Payable | 84,938 | 54,707 | 66,887 | 58,869 | 49,902 | 3,905 | 34,366 | 6,567 | 18,772 | 60,944 | 21,289 | 29,964 | 35,054 | 10,062 | 11,680 |
Interest Receivable | 418,922 | 14,945 | 211 | 16,418 | 77,597 | 16,164 | 2,262 | 146,555 | 136,592 | 26,845 | 170,480 | 33,785 | 18,424 | 41,633 | 11,746 |
Pre-Tax Profit | 19,865,379 | 2,398,936 | -2,198,481 | 3,112,341 | 2,272,573 | 3,395,879 | 1,435,636 | 2,602,136 | 3,388,665 | -934,650 | 2,401,283 | 2,369,747 | 1,101,969 | 933,868 | 965,274 |
Tax | -2,479,623 | -83,123 | 12,674 | -226,516 | 126,738 | -55,192 | 10,496 | -558,054 | -139,250 | 288,576 | -514,356 | -444,162 | -254,969 | -70,106 | -171,643 |
Profit After Tax | 17,385,756 | 2,315,813 | -2,185,807 | 2,885,825 | 2,399,311 | 3,340,687 | 1,446,132 | 2,044,082 | 3,249,415 | -646,074 | 1,886,927 | 1,925,585 | 847,000 | 863,762 | 793,631 |
Dividends Paid | 1,500,000 | 2,000,000 | 2,500,000 | 1,200,000 | 6,000,000 | 1,000,000 | 600,000 | 850,000 | 750,000 | ||||||
Retained Profit | 17,385,756 | 2,315,813 | -2,185,807 | 1,385,825 | 399,311 | 840,687 | 1,446,132 | 844,082 | -2,750,585 | -646,074 | 1,886,927 | 925,585 | 247,000 | 13,762 | 43,631 |
Employee Costs | 12,765,120 | 9,930,194 | 6,655,615 | 7,415,068 | 9,649,432 | 9,373,677 | 9,429,554 | 8,328,422 | 6,052,071 | 6,077,484 | 3,552,552 | 2,931,491 | 2,883,157 | 2,321,760 | 1,541,318 |
Number Of Employees | 235 | 254 | 277 | 272 | 306 | 296 | 331 | 319 | 276 | 228 | 165 | 130 | 95 | 82 | 70 |
EBITDA* | 20,195,422 | 3,799,619 | -639,076 | 4,967,278 | 3,609,345 | 4,393,870 | 2,609,438 | 4,077,088 | 4,240,492 | -98,041 | 2,926,348 | 2,502,848 | 1,118,599 | 1,210,796 | 1,181,110 |
* 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 | 1,155,733 | 410,181 | 1,033,972 | 667,804 | 844,874 | 398,262 | 317,337 | 178,049 | 403,774 | 421,235 | 412,893 | 281,696 | 77,442 | 186,248 | 257,167 |
Intangible Assets | 823,634 | 1,238,873 | 2,149,265 | 2,731,071 | 3,797,521 | 2,722,982 | 2,344,831 | 2,951,656 | 2,467,877 | 2,675,083 | 2,624,173 | 2,081,148 | 1,376,444 | 1,104,850 | 1,223,179 |
Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,979,367 | 1,649,054 | 3,183,237 | 3,398,875 | 4,642,395 | 3,121,244 | 2,662,168 | 3,129,705 | 2,871,651 | 3,096,320 | 3,037,068 | 2,362,846 | 1,453,888 | 1,291,098 | 1,480,346 |
Stock & work in progress | 10,861,210 | 8,853,506 | 7,866,309 | 14,476,848 | 9,505,726 | 8,442,103 | 8,950,595 | 2,604,268 | 3,402,634 | 1,787,103 | 2,198,228 | 2,258,725 | 3,177,576 | 2,969,659 | 2,158,684 |
Trade Debtors | 7,547,541 | 9,606,934 | 11,756,184 | 7,609,447 | 6,820,229 | 7,846,641 | 8,431,380 | 7,178,608 | 5,480,186 | 4,397,958 | 4,240,967 | 2,217,762 | 2,391,835 | 2,870,036 | 2,224,629 |
Group Debtors | 1,085,440 | 526,627 | 5,022,435 | 518,846 | 32,330,972 | 2,428,179 | 83,474 | 9,074,001 | 5,232,111 | 415,762 | 613,269 | 162,692 | |||
Misc Debtors | 26,747,577 | 46,721,739 | 23,252,329 | 17,100,283 | 18,058,730 | 19,330,992 | 18,775,400 | 4,662,431 | 2,329,091 | 1,443,037 | 1,345,637 | 690,111 | 540,774 | 160,384 | 257,010 |
Cash | 44,863,763 | 25,651,188 | 8,416,508 | 9,417,834 | 4,308,375 | 12,779,700 | 11,567,932 | 1,133,000 | 1,354,695 | 7,572,566 | 14,914,678 | 7,278,288 | 180,627 | 932,768 | |
misc current assets | 26,170 | ||||||||||||||
total current assets | 91,105,531 | 91,359,994 | 56,313,765 | 49,123,258 | 71,024,032 | 50,827,615 | 47,808,781 | 24,652,308 | 17,798,717 | 15,200,664 | 22,699,510 | 12,444,886 | 6,706,574 | 6,639,518 | 5,735,783 |
total assets | 93,084,898 | 93,009,048 | 59,497,002 | 52,522,133 | 75,666,427 | 53,948,859 | 50,470,949 | 27,782,013 | 20,670,368 | 18,296,984 | 25,736,578 | 14,807,732 | 8,160,462 | 7,930,616 | 7,216,129 |
Bank overdraft | 420,781 | ||||||||||||||
Bank loan | 1,000,001 | 3,617,860 | 3,617,860 | 3,617,860 | |||||||||||
Trade Creditors | 1,773,263 | 21,618,794 | 5,656,230 | 9,617,863 | 5,753,032 | 2,426,706 | 1,720,312 | 2,804,849 | 1,389,447 | 1,899,340 | 541,169 | 1,335,294 | 792,884 | 658,947 | 1,344,987 |
Group/Directors Accounts | 8,301,903 | 13,035,353 | 13,905,177 | 6,958,204 | 36,386,659 | 14,726,627 | 15,199,869 | 4,741,309 | 3,437,054 | 3,101,305 | 11,993,534 | 3,049,340 | 34,490 | ||
other short term finances | 575,287 | 363,926 | |||||||||||||
hp & lease commitments | 263,832 | 283,749 | 555,105 | 287,987 | 408,333 | 120,912 | 152,492 | 142,523 | |||||||
other current liabilities | 57,374,662 | 48,927,063 | 31,207,352 | 26,257,157 | 25,263,993 | 30,149,524 | 24,284,651 | 12,936,879 | 9,719,614 | 7,938,981 | 7,389,010 | 6,344,668 | 3,938,978 | 3,805,553 | 3,252,463 |
total current liabilities | 67,713,660 | 83,864,959 | 52,323,865 | 43,121,211 | 67,812,017 | 47,878,144 | 45,186,618 | 24,100,897 | 18,163,975 | 12,939,626 | 20,044,625 | 10,881,794 | 4,908,875 | 4,885,281 | 4,597,450 |
loans | 98,742 | 401,821 | |||||||||||||
hp & lease commitments | 847,350 | 5,957 | 317,495 | 390,194 | 232,109 | 120,912 | 273,404 | ||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 33,323 | 2,602 | 47,725 | 22,146 | |||||||||||
total long term liabilities | 847,350 | 5,957 | 350,818 | 392,796 | 232,109 | 47,725 | 120,912 | 372,146 | 412,894 | ||||||
total liabilities | 68,561,010 | 83,870,916 | 52,674,683 | 43,514,007 | 68,044,126 | 47,925,869 | 45,186,618 | 24,100,897 | 18,163,975 | 12,939,626 | 20,044,625 | 11,002,706 | 5,281,021 | 5,298,175 | 4,597,450 |
net assets | 24,523,888 | 9,138,132 | 6,822,319 | 9,008,126 | 7,622,301 | 6,022,990 | 5,284,331 | 3,681,116 | 2,506,393 | 5,357,358 | 5,691,953 | 3,805,026 | 2,879,441 | 2,632,441 | 2,618,679 |
total shareholders funds | 24,523,888 | 9,138,132 | 6,822,319 | 9,008,126 | 7,622,301 | 6,022,990 | 5,284,331 | 3,681,116 | 2,506,393 | 5,357,358 | 5,691,953 | 3,805,026 | 2,879,441 | 2,632,441 | 2,618,679 |
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 | 19,531,395 | 2,438,698 | -2,131,805 | 3,154,792 | 2,244,878 | 3,383,620 | 1,467,740 | 2,462,148 | 3,270,845 | -900,551 | 2,252,092 | 2,365,926 | 1,118,599 | 902,297 | 965,208 |
Depreciation | 522,742 | 623,791 | 579,899 | 500,347 | 605,057 | 143,219 | 133,202 | 244,340 | 267,373 | 238,977 | 145,653 | 65,826 | 118,790 | 97,592 | |
Amortisation | 141,285 | 737,130 | 912,830 | 1,312,139 | 759,410 | 867,031 | 1,008,496 | 1,370,600 | 702,274 | 563,533 | 528,603 | 71,096 | 189,709 | 118,310 | |
Tax | -2,479,623 | -83,123 | 12,674 | -226,516 | 126,738 | -55,192 | 10,496 | -558,054 | -139,250 | 288,576 | -514,356 | -444,162 | -254,969 | -70,106 | -171,643 |
Stock | 2,007,704 | 987,197 | -6,610,539 | 4,971,122 | 1,063,623 | -508,492 | 6,346,327 | -798,366 | 1,615,531 | -411,125 | -60,497 | -918,851 | 207,917 | 810,975 | 2,158,684 |
Debtors | -21,474,742 | 16,824,352 | 14,802,372 | -31,981,355 | 27,604,119 | 2,315,558 | 6,375,214 | 7,873,652 | 7,200,393 | 254,391 | 2,678,731 | -440,498 | -295,318 | 999,358 | 2,644,331 |
Creditors | -19,845,531 | 15,962,564 | -3,961,633 | 3,864,831 | 3,326,326 | 706,394 | -1,084,537 | 1,415,402 | -509,893 | 1,358,171 | -794,125 | 542,410 | 133,937 | -686,040 | 1,344,987 |
Accruals and Deferred Income | 8,447,599 | 17,719,711 | 4,950,195 | 993,164 | -4,885,531 | 5,864,873 | 11,347,772 | 3,217,265 | 1,780,633 | 549,971 | 1,044,342 | 2,405,690 | 133,425 | 553,090 | 3,252,463 |
Deferred Taxes & Provisions | -33,323 | 30,721 | 2,602 | -47,725 | 47,725 | -22,146 | 22,146 | ||||||||
Cash flow from operations | 25,784,905 | 19,553,899 | -7,798,952 | 36,611,592 | -26,538,589 | 9,150,604 | 161,628 | 1,076,415 | -3,443,942 | 2,255,411 | 43,975 | 6,366,135 | 1,196,247 | -780,447 | 803,902 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -2 | 2 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -1,000,001 | 1,000,001 | -3,617,860 | 3,617,860 | |||||||||||
Group/Directors Accounts | -4,733,450 | -869,824 | 6,946,973 | -29,428,455 | 21,660,032 | -473,242 | 10,458,560 | 1,304,255 | 335,749 | -8,892,229 | 8,944,194 | 3,014,850 | 34,490 | ||
Other Short Term Loans | -575,287 | 211,361 | 363,926 | ||||||||||||
Long term loans | -98,742 | -303,079 | 401,821 | ||||||||||||
Hire Purchase and Lease Commitments | 821,476 | -582,894 | 194,419 | 37,739 | 640,442 | -120,912 | -152,492 | -142,523 | 415,927 | ||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 333,984 | -39,762 | -66,676 | -42,451 | 27,695 | 12,259 | -32,104 | 139,988 | 117,820 | -34,099 | 149,191 | 3,821 | -16,630 | 31,571 | 66 |
cash flow from financing | -5,577,990 | -2,492,481 | 8,074,717 | -29,433,167 | 22,952,882 | -3,969,510 | 10,947,465 | 1,774,884 | 3,971,049 | -8,735,761 | 8,940,893 | 2,777,406 | 130,708 | 433,392 | 2,575,114 |
cash and cash equivalents | |||||||||||||||
cash | 19,212,575 | 17,234,680 | -1,001,326 | 5,109,459 | -8,471,325 | 1,211,768 | 10,434,932 | -221,695 | -6,217,871 | -7,342,112 | 7,636,390 | 7,097,661 | 180,627 | -932,768 | 932,768 |
overdraft | -420,781 | 420,781 | |||||||||||||
change in cash | 19,212,575 | 17,234,680 | -1,001,326 | 5,109,459 | -8,471,325 | 1,211,768 | 10,434,932 | -221,695 | -6,217,871 | -7,342,112 | 7,636,390 | 7,097,661 | 601,408 | -1,353,549 | 932,768 |
good energy limited Credit Report and Business Information
Good Energy Limited Competitor Analysis

Perform a competitor analysis for good energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in SN15 area or any other competitors across 12 key performance metrics.
good energy limited Ownership
GOOD ENERGY LIMITED group structure
Good Energy Limited has no subsidiary companies.
good energy limited directors
Good Energy Limited currently has 3 directors. The longest serving directors include Mr Rupert Sanderson (Mar 2020) and Mr Nigel Pocklington (May 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Rupert Sanderson | United Kingdom | 54 years | Mar 2020 | - | Director |
Mr Nigel Pocklington | England | 53 years | May 2021 | - | Director |
Mrs Francoise Woodward | England | 53 years | Oct 2023 | - | Director |
P&L
December 2023turnover
210.3m
0%
operating profit
19.5m
+701%
gross margin
22.1%
+126.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
24.5m
+1.68%
total assets
93.1m
0%
cash
44.9m
+0.75%
net assets
Total assets minus all liabilities
good energy limited company details
company number
03899612
Type
Private limited with Share Capital
industry
35140 - Trade of electricity
incorporation date
December 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
unit energy limited (January 2004)
wre two limited (June 2000)
accountant
-
auditor
MAZARS LLP
address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
Bank
-
Legal Advisor
-
good energy 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 5 charges/mortgages relating to good energy limited. Currently there are 4 open charges and 1 have been satisfied in the past.
good energy 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.
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good energy limited Companies House Filings - See Documents
date | description | view/download |
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