good energy group plc
good energy group plc Company Information
Company Number
04000623
Next Accounts
Jun 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Production of electricity
+2Registered Address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
Website
www.goodenergygroup.co.ukgood energy group plc Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GROUP PLC at £472.1m based on a Turnover of £254.7m and 1.85x industry multiple (adjusted for size and gross margin).
good energy group plc Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GROUP PLC at £53.8m based on an EBITDA of £8.4m and a 6.4x industry multiple (adjusted for size and gross margin).
good energy group plc Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GROUP PLC at £104.4m based on Net Assets of £42m and 2.49x industry multiple (adjusted for liquidity).
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Good Energy Group Plc Overview
Good Energy Group Plc is a live company located in chippenham, SN15 1GH with a Companies House number of 04000623. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2000, it's largest shareholder is undisclosed with a 100% stake. Good Energy Group Plc is a mature, mega sized company, Pomanda has estimated its turnover at £254.7m with high growth in recent years.
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Good Energy Group Plc Health Check
Pomanda's financial health check has awarded Good Energy Group Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £254.7m, make it larger than the average company (£5.6m)
£254.7m - Good Energy Group Plc
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.5%)
25% - Good Energy Group Plc
9.5% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (54.2%)
17.4% - Good Energy Group Plc
54.2% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (31.8%)
2.8% - Good Energy Group Plc
31.8% - Industry AVG
Employees
with 362 employees, this is above the industry average (19)
362 - Good Energy Group Plc
19 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has a lower pay structure (£70.8k)
£51.6k - Good Energy Group Plc
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £703.6k, this is more efficient (£522.2k)
£703.6k - Good Energy Group Plc
£522.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (26 days)
43 days - Good Energy Group Plc
26 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (23 days)
3 days - Good Energy Group Plc
23 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is in line with average (19 days)
19 days - Good Energy Group Plc
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (19 weeks)
33 weeks - Good Energy Group Plc
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.5%, this is a lower level of debt than the average (81.8%)
62.5% - Good Energy Group Plc
81.8% - Industry AVG
GOOD ENERGY GROUP PLC financials
Good Energy Group Plc's latest turnover from December 2023 is £254.7 million and the company has net assets of £42 million. According to their latest financial statements, Good Energy Group Plc has 362 employees and maintains cash reserves of £41.3 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 | 254,703,000 | 248,682,000 | 146,045,000 | 130,649,000 | 124,258,000 | 116,915,000 | 104,509,000 | 89,651,000 | 64,281,000 | 57,618,000 | 40,407,000 | 28,202,000 | 21,577,469 | 20,036,268 | 18,290,012 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 210,458,000 | 218,768,000 | 119,019,000 | 101,065,000 | 92,601,000 | 83,466,000 | 75,178,000 | 62,538,000 | 42,982,000 | 38,782,000 | 26,822,000 | 18,653,000 | 12,885,246 | 13,552,430 | 13,245,126 |
| Gross Profit | 44,245,000 | 29,914,000 | 27,026,000 | 29,584,000 | 31,657,000 | 33,449,000 | 29,331,000 | 27,113,000 | 21,299,000 | 18,836,000 | 13,585,000 | 9,549,000 | 8,692,223 | 6,483,838 | 5,044,886 |
| Admin Expenses | 37,111,000 | 28,043,000 | 24,622,000 | 25,506,000 | 26,084,000 | 26,800,000 | 23,739,000 | 20,914,000 | 17,065,000 | 15,045,000 | 9,727,000 | 7,525,000 | 6,905,484 | 5,759,060 | 4,369,550 |
| Operating Profit | 7,134,000 | 1,871,000 | 2,404,000 | 4,078,000 | 5,573,000 | 6,649,000 | 5,592,000 | 6,199,000 | 4,234,000 | 3,791,000 | 3,858,000 | 2,024,000 | 1,786,739 | 724,778 | 675,336 |
| Interest Payable | 321,000 | 351,000 | 584,000 | 4,172,000 | 4,439,000 | 4,361,000 | 4,860,000 | 4,195,000 | 4,129,000 | 2,590,000 | 935,000 | 688,000 | 737,316 | 19,438 | 14,638 |
| Interest Receivable | 897,000 | 633,000 | 14,000 | 109,000 | 166,000 | 16,000 | 2,000 | 18,000 | 23,000 | 87,000 | 116,000 | 39,000 | 6,482 | 1,909 | |
| Pre-Tax Profit | 5,683,000 | 9,208,000 | 1,834,000 | 2,000 | 1,258,000 | 2,304,000 | 734,000 | 2,022,000 | 128,000 | 1,288,000 | 3,255,000 | 1,375,000 | 1,055,905 | 705,340 | 662,607 |
| Tax | -2,807,000 | -637,000 | -187,000 | 19,000 | -42,000 | -660,000 | 566,000 | -51,000 | -323,000 | 520,000 | -586,000 | -191,000 | -204,463 | -191,566 | -194,798 |
| Profit After Tax | 2,876,000 | 8,571,000 | 1,647,000 | 21,000 | 1,216,000 | 1,644,000 | 1,300,000 | 1,971,000 | -195,000 | 1,808,000 | 2,669,000 | 1,184,000 | 851,442 | 513,774 | 467,809 |
| Dividends Paid | 444,000 | 297,000 | 584,000 | 532,000 | 529,000 | 491,000 | 478,000 | 472,000 | 172,085 | ||||||
| Retained Profit | 2,432,000 | 7,682,000 | -4,409,000 | -104,000 | 632,000 | 1,112,000 | 771,000 | 1,480,000 | -673,000 | 1,336,000 | 2,669,000 | 1,184,000 | 851,442 | 341,689 | 467,809 |
| Employee Costs | 18,669,000 | 13,543,000 | 11,616,000 | 12,280,000 | 13,435,000 | 11,154,000 | 13,318,000 | 11,306,000 | 9,272,000 | 7,580,000 | 5,089,000 | 4,099,000 | 3,600,781 | 2,829,259 | 2,082,772 |
| Number Of Employees | 362 | 292 | 277 | 272 | 284 | 296 | 331 | 319 | 276 | 228 | 165 | 130 | 95 | 82 | 70 |
| EBITDA* | 8,403,000 | 3,148,000 | 7,551,000 | 9,760,000 | 9,598,000 | 10,464,000 | 9,834,000 | 10,375,000 | 7,290,000 | 5,705,000 | 5,025,000 | 2,658,000 | 2,805,732 | 1,276,074 | 1,111,951 |
* 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 | 10,862,000 | 13,343,000 | 2,055,000 | 72,814,000 | 58,398,000 | 54,517,000 | 56,693,000 | 62,828,000 | 64,287,000 | 45,229,000 | 20,440,000 | 11,012,000 | 11,295,200 | 12,153,543 | 2,062,487 |
| Intangible Assets | 6,921,000 | 3,503,000 | 3,892,000 | 4,833,000 | 4,454,000 | 3,586,000 | 3,544,000 | 3,801,000 | 3,317,000 | 3,530,000 | 3,478,000 | 2,938,000 | 2,226,896 | 2,066,453 | 2,211,593 |
| Investments & Other | 10,551,000 | 12,578,000 | 5,589,000 | 328,000 | 58 | 11,258 | 11,258 | ||||||||
| Debtors (Due After 1 year) | 131,000 | 162,000 | 498,000 | 4,552,000 | |||||||||||
| Total Fixed Assets | 17,783,000 | 16,684,000 | 5,449,000 | 73,095,000 | 62,852,000 | 58,103,000 | 60,237,000 | 66,629,000 | 67,604,000 | 48,759,000 | 23,918,000 | 13,950,000 | 13,522,096 | 14,219,996 | 4,274,080 |
| Stock & work in progress | 11,026,000 | 9,212,000 | 7,682,000 | 13,264,000 | 9,941,000 | 8,580,000 | 9,881,000 | 9,799,000 | 9,482,000 | 6,466,000 | 6,128,000 | 2,677,000 | 3,305,196 | 3,064,594 | 2,321,474 |
| Trade Debtors | 30,339,000 | 53,579,000 | 35,894,000 | 25,396,000 | 33,724,000 | 25,427,000 | 28,991,000 | 13,639,000 | 9,313,000 | 8,827,000 | 5,202,000 | 2,949,000 | 2,983,532 | 3,250,135 | 2,617,477 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 5,519,000 | 3,918,000 | 35,000 | 1,319,000 | 3,051,000 | 4,369,000 | 3,707,000 | 2,565,000 | 2,285,000 | 1,454,000 | 2,750,000 | 864,000 | 584,403 | 853,510 | 606,304 |
| Cash | 41,346,000 | 32,949,000 | 9,113,000 | 18,282,000 | 13,667,000 | 15,662,000 | 13,720,000 | 6,289,000 | 4,751,000 | 13,703,000 | 17,975,000 | 9,535,000 | 2,369,721 | 1,077,750 | |
| misc current assets | 5,912,000 | 698,000 | 474,000 | 6,649,000 | 5,553,000 | 5,262,000 | 126,000 | 109,000 | 45,668 | ||||||
| total current assets | 94,142,000 | 99,658,000 | 117,522,000 | 58,959,000 | 60,857,000 | 60,687,000 | 61,852,000 | 37,554,000 | 25,957,000 | 30,559,000 | 32,055,000 | 16,025,000 | 9,288,520 | 7,168,239 | 6,623,005 |
| total assets | 111,925,000 | 116,342,000 | 122,971,000 | 132,054,000 | 123,709,000 | 118,790,000 | 122,089,000 | 104,183,000 | 93,561,000 | 79,318,000 | 55,973,000 | 29,975,000 | 22,810,616 | 21,388,235 | 10,897,085 |
| Bank overdraft | 169,840 | ||||||||||||||
| Bank loan | 10,000 | 1,955,000 | 1,951,000 | 5,606,000 | 5,626,000 | 6,608,000 | 553,000 | 390,000 | 368,843 | 620,174 | |||||
| Trade Creditors | 2,090,000 | 11,465,000 | 6,532,000 | 1,905,000 | 1,277,000 | 802,000 | 1,083,000 | 4,934,000 | 3,439,000 | 4,669,000 | 2,240,000 | 2,092,000 | 1,437,549 | 1,801,115 | 1,435,746 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 215,000 | 10,000 | 2,118,000 | 1,063,000 | 455,000 | 8,288,000 | 20,981,000 | ||||||||
| hp & lease commitments | 306,000 | 284,000 | 612,000 | 711,000 | 121,000 | 153,000 | 142,523 | ||||||||
| other current liabilities | 61,612,000 | 60,670,000 | 79,602,000 | 34,992,000 | 41,555,000 | 42,325,000 | 31,588,000 | 15,012,000 | 11,075,000 | 10,407,000 | 11,190,000 | 6,985,000 | 4,560,527 | 5,659,215 | 3,877,150 |
| total current liabilities | 64,233,000 | 72,429,000 | 88,252,000 | 40,527,000 | 45,949,000 | 43,127,000 | 46,565,000 | 40,927,000 | 20,140,000 | 21,684,000 | 14,104,000 | 9,620,000 | 6,509,442 | 8,250,344 | 5,312,896 |
| loans | 11,374,000 | 9,854,000 | 10,132,000 | 106,875,000 | 80,013,000 | 108,928,000 | 112,088,000 | 80,554,000 | 97,176,000 | 64,657,000 | 35,084,000 | 17,318,000 | 18,403,114 | 14,340,502 | |
| hp & lease commitments | 946,000 | 6,000 | 317,000 | 3,695,000 | 4,673,000 | 121,000 | 273,404 | ||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 16,757,000 | ||||||||||||||
| provisions | 10,902,000 | 4,394,000 | 4,746,000 | 2,790,000 | 3,868,000 | 1,134,000 | 30,000 | 1,476,000 | 1,288,000 | 792,048 | 230,978 | 147,454 | |||
| total long term liabilities | 5,687,000 | 4,927,000 | 5,066,000 | 58,895,000 | 58,980,000 | 56,837,000 | 57,439,000 | 42,211,000 | 56,478,000 | 39,691,000 | 25,405,000 | 9,303,000 | 9,597,581 | 7,285,740 | 73,727 |
| total liabilities | 69,920,000 | 77,356,000 | 93,318,000 | 99,422,000 | 104,929,000 | 99,964,000 | 104,004,000 | 83,138,000 | 76,618,000 | 61,375,000 | 39,509,000 | 18,923,000 | 16,107,023 | 15,536,084 | 5,386,623 |
| net assets | 42,005,000 | 38,986,000 | 29,653,000 | 32,447,000 | 18,780,000 | 18,826,000 | 18,085,000 | 21,045,000 | 16,943,000 | 17,943,000 | 16,464,000 | 11,052,000 | 6,703,593 | 5,852,151 | 5,510,462 |
| total shareholders funds | 42,005,000 | 38,986,000 | 29,653,000 | 32,447,000 | 18,780,000 | 18,826,000 | 18,085,000 | 21,045,000 | 16,943,000 | 17,943,000 | 16,464,000 | 11,052,000 | 6,703,593 | 5,852,151 | 5,510,462 |
| 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 | 7,134,000 | 1,871,000 | 2,404,000 | 4,078,000 | 5,573,000 | 6,649,000 | 5,592,000 | 6,199,000 | 4,234,000 | 3,791,000 | 3,858,000 | 2,024,000 | 1,786,739 | 724,778 | 675,336 |
| Depreciation | 123,000 | 624,000 | 4,014,000 | 4,464,000 | 3,854,000 | 2,948,000 | 3,233,000 | 2,809,000 | 2,351,000 | 1,347,000 | 634,000 | 559,000 | 643,676 | 257,810 | 264,613 |
| Amortisation | 1,146,000 | 653,000 | 1,133,000 | 1,218,000 | 171,000 | 867,000 | 1,009,000 | 1,367,000 | 705,000 | 567,000 | 533,000 | 75,000 | 375,317 | 293,486 | 172,002 |
| Tax | -2,807,000 | -637,000 | -187,000 | 19,000 | -42,000 | -660,000 | 566,000 | -51,000 | -323,000 | 520,000 | -586,000 | -191,000 | -204,463 | -191,566 | -194,798 |
| Stock | 1,814,000 | 1,530,000 | -5,582,000 | 3,323,000 | 1,361,000 | -1,301,000 | 82,000 | 317,000 | 3,016,000 | 338,000 | 3,451,000 | -628,196 | 240,602 | 743,120 | 2,321,474 |
| Debtors | -21,670,000 | 21,232,000 | 5,160,000 | -5,508,000 | 6,979,000 | -2,902,000 | 16,494,000 | 4,606,000 | 1,317,000 | 2,329,000 | 4,139,000 | 245,065 | -535,710 | 879,864 | 3,223,781 |
| Creditors | -9,375,000 | 4,933,000 | 4,627,000 | 628,000 | 475,000 | -281,000 | -3,851,000 | 1,495,000 | -1,230,000 | 2,429,000 | 148,000 | 654,451 | -363,566 | 365,369 | 1,435,746 |
| Accruals and Deferred Income | 942,000 | -18,932,000 | 44,610,000 | -6,563,000 | -770,000 | 10,737,000 | 16,576,000 | 3,937,000 | 668,000 | -783,000 | 4,205,000 | 2,424,473 | -1,098,688 | 1,782,065 | 3,877,150 |
| Deferred Taxes & Provisions | -10,902,000 | 6,508,000 | -352,000 | 1,956,000 | -1,078,000 | 2,734,000 | 1,104,000 | -1,446,000 | 188,000 | 495,952 | 561,070 | 83,524 | 147,454 | ||
| Cash flow from operations | 17,019,000 | -34,250,000 | 46,121,000 | 12,537,000 | 569,000 | 26,419,000 | 5,471,000 | 13,567,000 | 3,176,000 | 3,758,000 | 1,390,000 | 6,425,007 | 1,995,193 | 1,692,482 | 832,248 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,027,000 | 12,578,000 | -5,589,000 | 5,589,000 | -328,000 | 328,000 | -58 | -11,200 | 11,258 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 10,000 | -1,955,000 | 4,000 | 1,951,000 | -5,606,000 | 5,606,000 | -5,626,000 | -982,000 | 6,055,000 | 163,000 | 21,157 | -251,331 | 620,174 | ||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 205,000 | -2,108,000 | 1,055,000 | 608,000 | 455,000 | -8,288,000 | -12,693,000 | 20,981,000 | |||||||
| Long term loans | 1,520,000 | -278,000 | -96,743,000 | 26,862,000 | -28,915,000 | -3,160,000 | 31,534,000 | -16,622,000 | 32,519,000 | 29,573,000 | 17,766,000 | -1,085,114 | 4,062,612 | 14,340,502 | |
| Hire Purchase and Lease Commitments | 962,000 | -27,000 | -3,990,000 | -1,077,000 | 5,384,000 | -121,000 | -153,000 | -141,927 | 415,927 | ||||||
| other long term liabilities | -16,757,000 | 16,757,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 576,000 | 282,000 | -570,000 | -4,063,000 | -4,273,000 | -4,345,000 | -4,858,000 | -4,177,000 | -4,106,000 | -2,503,000 | -819,000 | -649,000 | -730,834 | -19,438 | -12,729 |
| cash flow from financing | 3,860,000 | -480,000 | -100,588,000 | 19,348,000 | -9,319,000 | -21,770,000 | 15,858,000 | -2,822,000 | 27,104,000 | 33,147,000 | 19,700,000 | 1,309,523 | 3,496,374 | 14,941,238 | 5,029,924 |
| cash and cash equivalents | |||||||||||||||
| cash | 8,397,000 | 23,836,000 | -9,169,000 | 4,615,000 | -1,995,000 | 1,942,000 | 7,431,000 | 1,538,000 | -8,952,000 | -4,272,000 | 8,440,000 | 7,165,279 | 2,369,721 | -1,077,750 | 1,077,750 |
| overdraft | -169,840 | 169,840 | |||||||||||||
| change in cash | 8,397,000 | 23,836,000 | -9,169,000 | 4,615,000 | -1,995,000 | 1,942,000 | 7,431,000 | 1,538,000 | -8,952,000 | -4,272,000 | 8,440,000 | 7,165,279 | 2,539,561 | -1,247,590 | 1,077,750 |
good energy group plc Credit Report and Business Information
Good Energy Group Plc Competitor Analysis
Perform a competitor analysis for good energy group plc 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 group plc Ownership
GOOD ENERGY GROUP PLC group structure
Good Energy Group Plc has 36 subsidiary companies.
Ultimate parent company
GOOD ENERGY GROUP PLC
04000623
36 subsidiaries
good energy group plc directors
Good Energy Group Plc currently has 7 directors. The longest serving directors include Ms Emma Tinker (Sep 2016) and Mr Timothy Jones (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Emma Tinker | 49 years | Sep 2016 | - | Director | |
| Mr Timothy Jones | United Kingdom | 53 years | Dec 2017 | - | Director |
| Mr William Whitehorn | United Kingdom | 65 years | Jul 2018 | - | Director |
| Mrs Nemone Wynn-Evans | England | 50 years | Feb 2019 | - | Director |
| Mr Rupert Sanderson | United Kingdom | 54 years | Jan 2020 | - | Director |
| Mr Nigel Pocklington | England | 53 years | May 2021 | - | Director |
| Mrs Francoise Woodward | England | 53 years | Oct 2023 | - | Director |
P&L
December 2023turnover
254.7m
+2%
operating profit
7.1m
+281%
gross margin
17.4%
+44.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
42m
+0.08%
total assets
111.9m
-0.04%
cash
41.3m
+0.25%
net assets
Total assets minus all liabilities
good energy group plc company details
company number
04000623
Type
Public limited with Share Capital
industry
35120 - Transmission of electricity
35110 - Production of electricity
82990 - Other business support service activities n.e.c.
incorporation date
May 2000
age
25
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
monkton group plc (July 2007)
oval (1538) limited (June 2000)
accountant
-
auditor
MAZARS LLP
address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
good energy group plc 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 6 charges/mortgages relating to good energy group plc. Currently there are 2 open charges and 4 have been satisfied in the past.
good energy group plc 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 group plc Companies House Filings - See Documents
| date | description | view/download |
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