rothes wind limited
rothes wind limited Company Information
Company Number
04364513
Website
https://www.fredolsen.co.ukRegistered Address
2nd floor, 36 broadway, london, SW1H 0BH
Industry
Production of electricity
Telephone
02079318888
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
fred. olsen wind holdings ltd 100%
rothes wind limited Estimated Valuation
Pomanda estimates the enterprise value of ROTHES WIND LIMITED at £47.4m based on a Turnover of £18.6m and 2.54x industry multiple (adjusted for size and gross margin).
rothes wind limited Estimated Valuation
Pomanda estimates the enterprise value of ROTHES WIND LIMITED at £107.5m based on an EBITDA of £14.7m and a 7.33x industry multiple (adjusted for size and gross margin).
rothes wind limited Estimated Valuation
Pomanda estimates the enterprise value of ROTHES WIND LIMITED at £103.8m based on Net Assets of £36.6m and 2.84x industry multiple (adjusted for liquidity).
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Rothes Wind Limited Overview
Rothes Wind Limited is a live company located in london, SW1H 0BH with a Companies House number of 04364513. It operates in the production of electricity sector, SIC Code 35110. Founded in January 2002, it's largest shareholder is fred. olsen wind holdings ltd with a 100% stake. Rothes Wind Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.6m with high growth in recent years.
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Rothes Wind Limited Health Check
Pomanda's financial health check has awarded Rothes Wind Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £18.6m, make it larger than the average company (£1.7m)
£18.6m - Rothes Wind Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (9.4%)
23% - Rothes Wind Limited
9.4% - Industry AVG
Production
with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)
69.8% - Rothes Wind Limited
69.8% - Industry AVG
Profitability
an operating margin of 77.3% make it more profitable than the average company (50.8%)
77.3% - Rothes Wind Limited
50.8% - Industry AVG
Employees
with 6 employees, this is above the industry average (2)
6 - Rothes Wind Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Rothes Wind Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £3.1m, this is more efficient (£449.7k)
£3.1m - Rothes Wind Limited
£449.7k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (14 days)
7 days - Rothes Wind Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (19 days)
3 days - Rothes Wind Limited
19 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is more than average (12 days)
41 days - Rothes Wind Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (10 weeks)
7 weeks - Rothes Wind Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (89.8%)
29.9% - Rothes Wind Limited
89.8% - Industry AVG
ROTHES WIND LIMITED financials
Rothes Wind Limited's latest turnover from December 2023 is £18.6 million and the company has net assets of £36.6 million. According to their latest financial statements, Rothes Wind Limited has 6 employees and maintains cash reserves of £1.8 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 | 18,649,000 | 30,528,000 | 13,820,000 | 9,994,000 | 7,228,000 | 7,704,000 | 7,737,000 | 5,561,000 | 6,995,000 | 6,221,000 | 6,845,000 | 6,063,000 | 6,882,000 | 5,253,000 | 6,662,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 14,414,000 | 26,100,000 | 10,780,000 | 6,471,000 | 3,469,000 | 1,816,000 | 2,194,000 | 134,000 | 1,328,000 | 655,000 | 1,970,000 | 475,000 | 1,603,000 | 216,000 | 2,316,000 |
| Interest Payable | 101,000 | 28,000 | 39,000 | 67,000 | 301,000 | 414,000 | 535,000 | 690,000 | 913,000 | 1,468,000 | 1,779,000 | 2,244,000 | 2,513,000 | 2,687,000 | 3,129,000 |
| Interest Receivable | 2,656,000 | 1,095,000 | 207,000 | 18,000 | 43,000 | 36,000 | 39,000 | 106,000 | 222,000 | 112,000 | 190,000 | 277,000 | 261,000 | 241,000 | 565,000 |
| Pre-Tax Profit | 16,969,000 | 27,167,000 | 10,948,000 | 6,422,000 | 3,211,000 | 1,438,000 | 1,698,000 | -450,000 | 515,000 | -701,000 | 381,000 | -1,492,000 | -649,000 | -2,230,000 | -248,000 |
| Tax | -4,016,000 | -5,188,000 | -2,109,000 | -1,308,000 | -622,000 | -362,000 | -398,000 | 36,000 | -167,000 | 98,000 | -25,000 | 470,000 | 295,000 | 575,000 | 31,000 |
| Profit After Tax | 12,953,000 | 21,979,000 | 8,839,000 | 5,114,000 | 2,589,000 | 1,076,000 | 1,300,000 | -414,000 | 348,000 | -603,000 | 356,000 | -1,022,000 | -354,000 | -1,655,000 | -217,000 |
| Dividends Paid | 0 | 14,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 12,953,000 | 7,979,000 | 8,839,000 | 5,114,000 | 2,589,000 | 1,076,000 | 1,300,000 | -414,000 | 348,000 | -603,000 | 356,000 | -1,022,000 | -354,000 | -1,655,000 | -217,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | 6 | 6 | 6 | 4 | 4 | 4 | 3 | ||||||||
| EBITDA* | 14,669,000 | 26,400,000 | 11,185,000 | 6,893,000 | 3,873,000 | 4,498,000 | 4,794,000 | 2,829,000 | 4,022,000 | 3,341,000 | 4,651,000 | 3,156,000 | 4,283,000 | 2,896,000 | 4,997,000 |
* 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 | 3,928,000 | 4,027,000 | 3,989,000 | 4,339,000 | 4,637,000 | 4,909,000 | 7,591,000 | 9,811,000 | 11,214,000 | 13,900,000 | 16,551,000 | 19,232,000 | 21,913,000 | 24,593,000 | 27,274,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 17,000 | 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) | 213,000 | 207,000 | 206,000 | 205,000 | 243,000 | 277,000 | 291,000 | 321,000 | 352,000 | 0 | 0 | 218,000 | 151,000 | 85,000 | 203,000 |
| Total Fixed Assets | 4,141,000 | 4,234,000 | 4,195,000 | 4,544,000 | 4,880,000 | 5,186,000 | 7,882,000 | 10,140,000 | 11,583,000 | 13,900,000 | 16,551,000 | 19,450,000 | 22,064,000 | 24,678,000 | 27,477,000 |
| Stock & work in progress | 640,000 | 537,000 | 501,000 | 546,000 | 263,000 | 206,000 | 220,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 399,000 | 1,252,000 | 434,000 | 470,000 | 18,000 | 10,000 | 19,000 | 61,000 | 0 | 0 | 1,333,000 | 938,000 | 989,000 | 466,000 | 451,000 |
| Group Debtors | 39,504,000 | 15,547,000 | 8,558,000 | 979,000 | 1,134,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,763,000 | 9,770,000 | 3,600,000 | 2,143,000 | 291,000 | 1,236,000 | 1,417,000 | 1,118,000 | 1,239,000 | 1,562,000 | 968,000 | 717,000 | 1,005,000 | 1,260,000 | 1,297,000 |
| Cash | 1,769,000 | 4,286,000 | 3,470,000 | 1,468,000 | 1,747,000 | 4,991,000 | 8,133,000 | 11,155,000 | 14,352,000 | 17,304,000 | 20,019,000 | 22,505,000 | 24,778,000 | 26,852,000 | 28,245,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 287,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 48,075,000 | 31,392,000 | 16,563,000 | 5,606,000 | 3,453,000 | 6,443,000 | 10,076,000 | 12,334,000 | 15,591,000 | 18,866,000 | 22,320,000 | 24,160,000 | 26,772,000 | 28,578,000 | 29,993,000 |
| total assets | 52,216,000 | 35,626,000 | 20,758,000 | 10,150,000 | 8,333,000 | 11,629,000 | 17,958,000 | 22,474,000 | 27,174,000 | 32,766,000 | 38,871,000 | 43,610,000 | 48,836,000 | 53,256,000 | 57,470,000 |
| 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 | 50,000 | 21,000 | 345,000 | 12,000 | 129,000 | 29,000 | 1,568,000 | 34,000 | 107,000 | 0 | 25,000 | 12,000 | 10,000 | 27,000 | 32,000 |
| Group/Directors Accounts | 12,027,000 | 8,278,000 | 1,583,000 | 183,000 | 2,046,000 | 145,000 | 201,000 | 298,000 | 350,000 | 885,000 | 1,038,000 | 1,293,000 | 1,382,000 | 1,398,000 | 2,130,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 1,311,000 | 3,015,000 | 2,896,000 | 2,879,000 | 3,036,000 | 2,876,000 | 2,713,000 | 2,483,000 | 2,263,000 | 2,048,000 | 1,382,000 |
| other current liabilities | 544,000 | 947,000 | 781,000 | 816,000 | 1,008,000 | 736,000 | 497,000 | 447,000 | 434,000 | 733,000 | 1,431,000 | 786,000 | 1,036,000 | 773,000 | 949,000 |
| total current liabilities | 12,621,000 | 9,246,000 | 2,709,000 | 1,011,000 | 4,494,000 | 3,925,000 | 5,162,000 | 3,658,000 | 3,927,000 | 4,494,000 | 5,207,000 | 4,574,000 | 4,691,000 | 4,246,000 | 4,493,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 5,311,000 | 8,498,000 | 13,331,000 | 15,753,000 | 18,091,000 | 20,006,000 | 23,029,000 | 24,633,000 | 26,882,000 | 27,148,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 1,311,000 | 4,327,000 | 7,223,000 | 10,102,000 | 13,138,000 | 16,014,000 | 18,727,000 | 21,210,000 | 23,472,000 | 25,520,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,966,000 | 2,704,000 | 2,352,000 | 2,281,000 | 2,095,000 | 1,927,000 | 1,892,000 | 1,483,000 | 199,000 | 198,000 | 196,000 | 188,000 | 188,000 | 188,000 | 186,000 |
| total long term liabilities | 2,966,000 | 2,704,000 | 2,352,000 | 2,281,000 | 2,095,000 | 8,549,000 | 14,717,000 | 22,037,000 | 26,054,000 | 31,427,000 | 36,216,000 | 41,944,000 | 46,031,000 | 50,542,000 | 52,854,000 |
| total liabilities | 15,587,000 | 11,950,000 | 5,061,000 | 3,292,000 | 6,589,000 | 12,474,000 | 19,879,000 | 25,695,000 | 29,981,000 | 35,921,000 | 41,423,000 | 46,518,000 | 50,722,000 | 54,788,000 | 57,347,000 |
| net assets | 36,629,000 | 23,676,000 | 15,697,000 | 6,858,000 | 1,744,000 | -845,000 | -1,921,000 | -3,221,000 | -2,807,000 | -3,155,000 | -2,552,000 | -2,908,000 | -1,886,000 | -1,532,000 | 123,000 |
| total shareholders funds | 36,629,000 | 23,676,000 | 15,697,000 | 6,858,000 | 1,744,000 | -845,000 | -1,921,000 | -3,221,000 | -2,807,000 | -3,155,000 | -2,552,000 | -2,908,000 | -1,886,000 | -1,532,000 | 123,000 |
| 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 | 14,414,000 | 26,100,000 | 10,780,000 | 6,471,000 | 3,469,000 | 1,816,000 | 2,194,000 | 134,000 | 1,328,000 | 655,000 | 1,970,000 | 475,000 | 1,603,000 | 216,000 | 2,316,000 |
| Depreciation | 252,000 | 300,000 | 405,000 | 422,000 | 404,000 | 2,682,000 | 2,592,000 | 2,686,000 | 2,686,000 | 2,686,000 | 2,681,000 | 2,681,000 | 2,680,000 | 2,680,000 | 2,681,000 |
| Amortisation | 3,000 | 0 | 0 | 0 | 0 | 0 | 8,000 | 9,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,016,000 | -5,188,000 | -2,109,000 | -1,308,000 | -622,000 | -362,000 | -398,000 | 36,000 | -167,000 | 98,000 | -25,000 | 470,000 | 295,000 | 575,000 | 31,000 |
| Stock | 103,000 | 36,000 | -45,000 | 283,000 | 57,000 | -14,000 | 220,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 19,103,000 | 13,978,000 | 9,001,000 | 2,111,000 | 163,000 | -204,000 | 227,000 | -91,000 | 29,000 | -739,000 | 428,000 | -272,000 | 334,000 | -140,000 | 1,951,000 |
| Creditors | 29,000 | -324,000 | 333,000 | -117,000 | 100,000 | -1,539,000 | 1,534,000 | -73,000 | 107,000 | -25,000 | 13,000 | 2,000 | -17,000 | -5,000 | 32,000 |
| Accruals and Deferred Income | -403,000 | 166,000 | -35,000 | -192,000 | 272,000 | 239,000 | 50,000 | 13,000 | -299,000 | -698,000 | 645,000 | -250,000 | 263,000 | -176,000 | 949,000 |
| Deferred Taxes & Provisions | 262,000 | 352,000 | 71,000 | 186,000 | 168,000 | 35,000 | 409,000 | 1,284,000 | 1,000 | 2,000 | 8,000 | 0 | 0 | 2,000 | 186,000 |
| Cash flow from operations | -8,665,000 | 7,392,000 | 489,000 | 3,068,000 | 3,571,000 | 3,089,000 | 5,942,000 | 4,180,000 | 3,635,000 | 3,457,000 | 4,864,000 | 3,650,000 | 4,490,000 | 3,432,000 | 4,244,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,749,000 | 6,695,000 | 1,400,000 | -1,863,000 | 1,901,000 | -56,000 | -97,000 | -52,000 | -535,000 | -153,000 | -255,000 | -89,000 | -16,000 | -732,000 | 2,130,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -5,311,000 | -3,187,000 | -4,833,000 | -2,422,000 | -2,338,000 | -1,915,000 | -3,023,000 | -1,604,000 | -2,249,000 | -266,000 | 27,148,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -1,311,000 | -3,015,000 | -2,897,000 | -2,879,000 | -3,036,000 | -2,876,000 | -2,713,000 | -2,483,000 | -2,263,000 | -2,047,000 | -1,382,000 | 26,902,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 2,555,000 | 1,067,000 | 168,000 | -49,000 | -258,000 | -378,000 | -496,000 | -584,000 | -691,000 | -1,356,000 | -1,589,000 | -1,967,000 | -2,252,000 | -2,446,000 | -2,564,000 |
| cash flow from financing | 6,304,000 | 7,762,000 | 1,568,000 | -3,223,000 | -6,683,000 | -6,518,000 | -8,305,000 | -6,094,000 | -6,440,000 | -6,137,000 | -7,350,000 | -5,923,000 | -6,564,000 | -4,826,000 | 53,956,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,517,000 | 816,000 | 2,002,000 | -279,000 | -3,244,000 | -3,142,000 | -3,022,000 | -3,197,000 | -2,952,000 | -2,715,000 | -2,486,000 | -2,273,000 | -2,074,000 | -1,393,000 | 28,245,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,517,000 | 816,000 | 2,002,000 | -279,000 | -3,244,000 | -3,142,000 | -3,022,000 | -3,197,000 | -2,952,000 | -2,715,000 | -2,486,000 | -2,273,000 | -2,074,000 | -1,393,000 | 28,245,000 |
rothes wind limited Credit Report and Business Information
Rothes Wind Limited Competitor Analysis
Perform a competitor analysis for rothes wind limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rothes wind limited Ownership
ROTHES WIND LIMITED group structure
Rothes Wind Limited has no subsidiary companies.
Ultimate parent company
BONHEUR ASA
#0134493
2 parents
ROTHES WIND LIMITED
04364513
rothes wind limited directors
Rothes Wind Limited currently has 5 directors. The longest serving directors include Mr Ivar Brandvold (Sep 2020) and Mr Ivar Brandvold (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ivar Brandvold | 68 years | Sep 2020 | - | Director | |
| Mr Ivar Brandvold | 68 years | Sep 2020 | - | Director | |
| Ms Claire Harris | United Kingdom | 31 years | Jul 2022 | - | Director |
| Mr Fredrik Bomstad | England | 39 years | Aug 2022 | - | Director |
| Mr Christopher Sweetman | United Kingdom | 49 years | Jul 2023 | - | Director |
P&L
December 2023turnover
18.6m
-39%
operating profit
14.4m
-45%
gross margin
69.8%
-1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
36.6m
+0.55%
total assets
52.2m
+0.47%
cash
1.8m
-0.59%
net assets
Total assets minus all liabilities
rothes wind limited company details
company number
04364513
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
January 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
fred. olsen windfarm 2 limited (May 2002)
incorporated
UK
address
2nd floor, 36 broadway, london, SW1H 0BH
last accounts submitted
December 2023
rothes wind 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 14 charges/mortgages relating to rothes wind limited. Currently there are 5 open charges and 9 have been satisfied in the past.
rothes wind limited Companies House Filings - See Documents
| date | description | view/download |
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