enviropower ltd

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enviropower ltd Company Information

Share ENVIROPOWER LTD

Company Number

05836498

Shareholders

rabbit waste management ltd

Group Structure

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Industry

Production of electricity

 

Registered Address

unit 1-2 37 chartwell road, lancing business park, lancing, BN15 8TU

enviropower ltd Estimated Valuation

£9m

Pomanda estimates the enterprise value of ENVIROPOWER LTD at £9m based on a Turnover of £4.7m and 1.92x industry multiple (adjusted for size and gross margin).

enviropower ltd Estimated Valuation

£7.4m

Pomanda estimates the enterprise value of ENVIROPOWER LTD at £7.4m based on an EBITDA of £1.4m and a 5.45x industry multiple (adjusted for size and gross margin).

enviropower ltd Estimated Valuation

£19.4m

Pomanda estimates the enterprise value of ENVIROPOWER LTD at £19.4m based on Net Assets of £7.4m and 2.63x industry multiple (adjusted for liquidity).

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Enviropower Ltd Overview

Enviropower Ltd is a live company located in lancing, BN15 8TU with a Companies House number of 05836498. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2006, it's largest shareholder is rabbit waste management ltd with a 100% stake. Enviropower Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.7m with declining growth in recent years.

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Enviropower Ltd Health Check

Pomanda's financial health check has awarded Enviropower Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £4.7m, make it larger than the average company (£1.7m)

£4.7m - Enviropower Ltd

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (12%)

-1% - Enviropower Ltd

12% - Industry AVG

production

Production

with a gross margin of 72.7%, this company has a comparable cost of product (72.7%)

72.7% - Enviropower Ltd

72.7% - Industry AVG

profitability

Profitability

an operating margin of 14.4% make it less profitable than the average company (50.6%)

14.4% - Enviropower Ltd

50.6% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (3)

20 - Enviropower Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £83.1k, the company has an equivalent pay structure (£83.1k)

£83.1k - Enviropower Ltd

£83.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £234.2k, this is less efficient (£423.4k)

£234.2k - Enviropower Ltd

£423.4k - Industry AVG

debtordays

Debtor Days

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

16 days - Enviropower Ltd

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (21 days)

73 days - Enviropower Ltd

21 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 129 days, this is more than average (25 days)

129 days - Enviropower Ltd

25 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (10 weeks)

6 weeks - Enviropower Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.8%, this is a lower level of debt than the average (87.8%)

25.8% - Enviropower Ltd

87.8% - Industry AVG

ENVIROPOWER LTD financials

EXPORTms excel logo

Enviropower Ltd's latest turnover from September 2024 is estimated at £4.7 million and the company has net assets of £7.4 million. According to their latest financial statements, Enviropower Ltd has 20 employees and maintains cash reserves of £115.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover4,683,3398,418,2883,611,8174,876,9714,449,0313,633,5823,261,3782,366,3622,302,4644,371,9445,281,9544,710,5624,107,0153,910,7172,462,304777,743
Other Income Or Grants
Cost Of Sales1,279,9992,545,9321,308,0242,011,8021,870,2321,455,1441,342,9481,133,4351,031,3822,109,2221,112,525986,457922,6861,178,444874,678726,190
Gross Profit3,403,3415,872,3562,303,7932,865,1702,578,8002,178,4381,918,4301,232,9271,271,0812,262,7224,169,4293,724,1053,184,3292,732,2731,587,62651,553
Admin Expenses2,729,6165,013,6411,771,278999,3801,477,9451,691,545-2,654,278687,823-219,504-748,8332,884,3592,558,8872,203,8052,132,8231,941,7271,256,559
Operating Profit673,725858,715532,5151,865,7901,100,855486,8934,572,708545,1041,490,5853,011,5551,285,0701,165,218980,524599,450-354,101-1,205,006
Interest Payable97,523107,77883,93966,21973,474119,656347,853506,862554,222690,718523,485568,129656,702635,895570,507738,009
Interest Receivable10,4227,9132,98817139714714302604702
Pre-Tax Profit586,624758,851451,5641,799,7421,027,420367,9524,225,56938,242936,6652,321,441761,585597,08959,490-36,445-924,608-1,942,313
Tax-146,656-189,713-85,797-341,951-195,210-69,911-802,858-7,266-187,333-464,288-178,284-156,842-101,030-76,663622,431103,588
Profit After Tax439,968569,138365,7671,457,791832,210298,0413,422,71130,976749,3321,857,153583,301440,247-41,540-113,108-302,177-1,838,725
Dividends Paid
Retained Profit439,968569,138365,7671,457,791832,210298,0413,422,71130,976749,3321,857,153583,301440,247-41,540-113,108-302,177-1,838,725
Employee Costs1,661,1141,350,9691,352,9061,239,7681,208,5521,255,8001,191,6711,258,9531,116,7841,037,532934,481820,302667,333500,500383,979326,674
Number Of Employees2019212020212021191917141297
EBITDA*1,365,2311,647,2411,363,0672,711,6541,818,1441,143,6895,222,9161,153,3532,134,9383,700,2471,927,0311,902,2121,713,6901,225,541153,658-1,048,079

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets7,869,4317,479,3938,217,4108,996,4319,170,5929,692,3869,700,5159,149,9249,716,22210,182,82610,840,37511,282,37811,813,65512,411,92912,360,03712,116,180
Intangible Assets
Investments & Other
Debtors (Due After 1 year)138,987240,017456,577
Total Fixed Assets7,869,4317,479,3938,217,4108,996,4319,170,5929,692,3869,700,5159,149,9249,716,22210,182,82610,840,37511,282,37811,952,64212,651,94612,816,61412,116,180
Stock & work in progress455,129397,020438,356294,238242,270150,35988,956158,377164,893159,297187,670144,37352,8498,4908,491
Trade Debtors214,917513,549143,781316,265237,607203,332231,48731,8698,541447,0665,967284,464144,663126,13612,899
Group Debtors199,684470,35039,839264,62378,925200,244375,307189,447594,851529,672733,71098,851
Misc Debtors1,108,439940,192943,550423,741621,544515,592402,709439,432324,527519,056363,517277,525584,363300,310247,559
Cash115,436301,450265,63077,044190,470241,493166,857
misc current assets
total current assets2,093,6052,622,5611,565,5261,564,4971,178,465869,283913,622708,603698,2051,295,153634,736703,3041,376,5461,267,1881,168,647359,309
total assets9,963,03610,101,9549,782,93610,560,92810,349,05710,561,66910,614,1379,858,52710,414,42711,477,97911,475,11111,985,68213,329,18813,919,13413,985,26112,475,489
Bank overdraft218,745217,275321,0608,030,4781,863,1291,608,00012,355,60613,140,9851,718,7081,420,8781,322,122
Bank loan156,126156,126135,820139,846
Trade Creditors 259,015184,839306,494468,367606,963591,980352,704665,256300,985316,4212,199,798285,719265,335295,619442,612439,493
Group/Directors Accounts816,4141,861,6982,744,301
other short term finances
hp & lease commitments
other current liabilities469,312911,867908,0941,033,9711,100,827965,591682,155837,831430,432445,535100,788356,912275,956412,43495,424
total current liabilities884,4531,252,8321,433,3331,638,1582,664,0503,636,5444,100,2209,533,5652,594,5462,369,9562,199,79812,742,11313,763,2322,290,2832,275,9241,857,039
loans704,642756,251784,924895,4001,000,0561,051,7931,955,2206,325,9857,937,98511,706,8732,436,7143,217,20315,238,55815,205,93613,812,872
hp & lease commitments
Accruals and Deferred Income
other liabilities16,253330,651278,397972,5551,423,4271,410,218495,2241,175,4001,723,988
provisions962,300806,800900,0001,034,300698,800732,600631,000315,200339,710216,596196,13917,855
total long term liabilities1,683,1951,893,7021,963,3212,902,2553,122,2833,194,6113,081,444315,2007,841,0959,878,56911,903,0122,454,5693,217,20315,238,55815,205,93613,812,872
total liabilities2,567,6483,146,5343,396,6544,540,4135,786,3336,831,1557,181,6649,848,76510,435,64112,248,52514,102,81015,196,68216,980,43517,528,84117,481,86015,669,911
net assets7,395,3886,955,4206,386,2826,020,5154,562,7243,730,5143,432,4739,762-21,214-770,546-2,627,699-3,211,000-3,651,247-3,609,707-3,496,599-3,194,422
total shareholders funds7,395,3886,955,4206,386,2826,020,5154,562,7243,730,5143,432,4739,762-21,214-770,546-2,627,699-3,211,000-3,651,247-3,609,707-3,496,599-3,194,422
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit673,725858,715532,5151,865,7901,100,855486,8934,572,708545,1041,490,5853,011,5551,285,0701,165,218980,524599,450-354,101-1,205,006
Depreciation691,506788,526830,552845,864717,289656,796650,208608,249644,353688,692641,961736,994733,166626,091507,759156,927
Amortisation
Tax-146,656-189,713-85,797-341,951-195,210-69,911-802,858-7,266-187,333-464,288-178,284-156,842-101,030-76,663622,431103,588
Stock58,109-41,336144,11851,96891,91161,403-69,421-6,5165,596-28,37343,29791,52444,359-18,491
Debtors-401,051796,921122,541145,478140,22784,72883,97016,914-361,051447,297-111,865-736,896-202,888-118,0181,257,424359,309
Creditors74,176-121,655-161,873-138,59614,983239,276-312,552364,271-15,436-1,883,3771,914,07920,384-30,284-146,9933,119439,493
Accruals and Deferred Income-442,5553,773-125,877-66,856135,236283,436-155,676407,399-15,103445,535-100,788-256,12480,956-136,478317,01095,424
Deferred Taxes & Provisions155,500-93,200-134,300335,500-33,800101,600315,800-24,510123,11420,457178,28417,855
Cash flow from operations1,348,638490,861588,5612,302,3051,507,2151,551,9594,253,0811,882,8492,395,6351,399,6503,808,8902,172,8571,821,861983,426-169,697-768,883
Investing Activities
capital expenditure-1,081,544-50,509-51,531-671,703-195,495-648,667-1,200,799-41,951-177,749-31,143-199,958-205,717-134,892-677,983-751,616-12,273,107
Change in Investments
cash flow from investments-1,081,544-50,509-51,531-671,703-195,495-648,667-1,200,799-41,951-177,749-31,143-199,958-205,717-134,892-677,983-751,616-12,273,107
Financing Activities
Bank loans156,126-135,820-4,026139,846
Group/Directors Accounts-816,414-1,045,284-882,6032,744,301
Other Short Term Loans
Long term loans-51,609-28,673-110,476-104,656-51,737-903,4271,955,220-6,325,985-1,612,000-3,768,8889,270,159-780,489-12,021,35532,6221,393,06413,812,872
Hire Purchase and Lease Commitments
other long term liabilities-314,39852,254-694,158-450,87213,209914,994495,224-1,175,400-548,5881,723,988
share issue-1,355,697
interest-87,101-99,865-80,951-66,048-73,435-118,942-347,139-506,862-553,920-690,114-523,485-568,129-656,702-635,895-570,507-737,307
cash flow from financing-453,10879,842-1,021,405-1,442,016-1,017,401-989,9784,847,606-8,008,247-2,714,508-2,735,0148,746,674-1,348,618-12,678,057-603,273822,55711,719,868
cash and cash equivalents
cash-186,014301,450-265,630188,58677,044-190,470190,470-241,493241,493-166,857166,857
overdraft-218,745218,745-217,275-103,785-7,709,4186,167,349255,1291,608,000-12,355,606-785,37911,422,277297,83098,7561,322,122
change in cash-186,014520,195-484,375188,586294,319-86,6857,899,888-6,167,349-496,622-1,366,50712,355,606618,522-11,255,420-297,830-98,756-1,322,122

enviropower ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Enviropower Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for enviropower ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BN15 area or any other competitors across 12 key performance metrics.

enviropower ltd Ownership

ENVIROPOWER LTD group structure

Enviropower Ltd has no subsidiary companies.

Ultimate parent company

1 parent

ENVIROPOWER LTD

05836498

ENVIROPOWER LTD Shareholders

rabbit waste management ltd 100%

enviropower ltd directors

Enviropower Ltd currently has 2 directors. The longest serving directors include Mrs Amanda Bridson (Jun 2006) and Mr Gregory Blurton (Jun 2006).

officercountryagestartendrole
Mrs Amanda BridsonEngland62 years Jun 2006- Director
Mr Gregory BlurtonEngland59 years Jun 2006- Director

P&L

September 2024

turnover

4.7m

-44%

operating profit

673.7k

0%

gross margin

72.7%

+4.17%

turnover

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

Balance Sheet

September 2024

net assets

7.4m

+0.06%

total assets

10m

-0.01%

cash

115.4k

-0.62%

net assets

Total assets minus all liabilities

enviropower ltd company details

company number

05836498

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

June 2006

age

19

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

September 2024

previous names

sussex waste to energy limited (December 2007)

accountant

-

auditor

SUMER AUDIT

address

unit 1-2 37 chartwell road, lancing business park, lancing, BN15 8TU

Bank

ALLIED IRISH BANK

Legal Advisor

-

enviropower ltd 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 13 charges/mortgages relating to enviropower ltd. Currently there are 3 open charges and 10 have been satisfied in the past.

enviropower ltd 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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enviropower ltd Companies House Filings - See Documents

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