swire renewable energy limited
swire renewable energy limited Company Information
Company Number
06797099
Next Accounts
Sep 2025
Industry
Manufacture of electric motors, generators and transformers
Shareholders
swire energy services a/s
Group Structure
View All
Contact
Registered Address
swire house 59 buckingham gate, london, SW1E 6AJ
Website
https://swirees.comswire renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of SWIRE RENEWABLE ENERGY LIMITED at £9m based on a Turnover of £10.9m and 0.83x industry multiple (adjusted for size and gross margin).
swire renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of SWIRE RENEWABLE ENERGY LIMITED at £3.6m based on an EBITDA of £665.1k and a 5.46x industry multiple (adjusted for size and gross margin).
swire renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of SWIRE RENEWABLE ENERGY LIMITED at £2.7m based on Net Assets of £1.1m and 2.34x industry multiple (adjusted for liquidity).
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Swire Renewable Energy Limited Overview
Swire Renewable Energy Limited is a live company located in london, SW1E 6AJ with a Companies House number of 06797099. It operates in the manufacture of electric motors, generators and transformers sector, SIC Code 27110. Founded in January 2009, it's largest shareholder is swire energy services a/s with a 100% stake. Swire Renewable Energy Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.9m with rapid growth in recent years.
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Swire Renewable Energy Limited Health Check
Pomanda's financial health check has awarded Swire Renewable Energy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £10.9m, make it smaller than the average company (£20.8m)
£10.9m - Swire Renewable Energy Limited
£20.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (7.2%)
100% - Swire Renewable Energy Limited
7.2% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (24.8%)
19.1% - Swire Renewable Energy Limited
24.8% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (3.9%)
5.1% - Swire Renewable Energy Limited
3.9% - Industry AVG
Employees
with 49 employees, this is below the industry average (120)
49 - Swire Renewable Energy Limited
120 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- Swire Renewable Energy Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £222.2k, this is more efficient (£188.6k)
£222.2k - Swire Renewable Energy Limited
£188.6k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (65 days)
82 days - Swire Renewable Energy Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (49 days)
3 days - Swire Renewable Energy Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (96 days)
0 days - Swire Renewable Energy Limited
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (8 weeks)
16 weeks - Swire Renewable Energy Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a similar level of debt than the average (63.4%)
68.9% - Swire Renewable Energy Limited
63.4% - Industry AVG
SWIRE RENEWABLE ENERGY LIMITED financials
Swire Renewable Energy Limited's latest turnover from December 2023 is £10.9 million and the company has net assets of £1.1 million. According to their latest financial statements, Swire Renewable Energy Limited has 49 employees and maintains cash reserves of £788.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,889,639 | 12,815,737 | 1,616,000 | 1,343,000 | 1,369,889 | 554,000 | 427,000 | 481,600 | 355,000 | 300,000 | 150,034 | 168,216 | 8,000 | 4,000 | 12,256 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 8,811,389 | 11,594,116 | 1,468,875 | 0 | 9,023 | ||||||||||
| Gross Profit | 2,078,250 | 1,221,621 | 147,125 | 4,000 | 3,233 | ||||||||||
| Admin Expenses | 1,521,792 | 546,039 | 73,975 | 3,197 | 4,772 | ||||||||||
| Operating Profit | 556,458 | 675,582 | 73,150 | 58,325 | 68,527 | 21,635 | 25,439 | 23,658 | 3,162 | 922 | 1,812 | 46 | 826 | 803 | -1,539 |
| Interest Payable | 71,450 | 381 | 73 | 7 | 33 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest Receivable | 112 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 485,120 | 675,201 | 73,077 | 58,318 | 68,494 | 21,633 | 25,436 | 23,658 | 3,162 | 922 | 1,812 | 46 | 826 | 803 | -1,540 |
| Tax | -109,145 | -129,000 | -14,485 | -11,869 | -14,064 | -4,995 | -5,807 | -4,763 | -694 | -260 | -253 | 0 | 0 | 0 | 0 |
| Profit After Tax | 375,975 | 546,201 | 58,592 | 46,449 | 54,430 | 16,638 | 19,629 | 18,895 | 2,468 | 662 | 1,559 | 46 | 826 | 803 | -1,540 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 375,975 | 546,201 | 58,592 | 46,449 | 54,430 | 16,638 | 19,629 | 18,895 | 2,468 | 662 | 1,559 | 46 | 826 | 803 | -1,540 |
| Employee Costs | 1,468,875 | 1,192,664 | 1,234,349 | 471,408 | 353,854 | 418,913 | 337,081 | 294,463 | 135,769 | 158,811 | 0 | 0 | 0 | ||
| Number Of Employees | 49 | 32 | 28 | 17 | 18 | 8 | 6 | 5 | 5 | 4 | 2 | 3 | 1 | 1 | |
| EBITDA* | 665,083 | 721,243 | 76,549 | 63,462 | 73,664 | 26,772 | 30,576 | 25,398 | 3,502 | 1,264 | 2,154 | 388 | 1,168 | 803 | -1,539 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 208,522 | 185,860 | 0 | 3,399 | 8,536 | 13,673 | 18,810 | 23,947 | 0 | 340 | 682 | 1,024 | 1,366 | 1,708 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 208,522 | 185,860 | 0 | 3,399 | 8,536 | 13,673 | 18,810 | 23,947 | 0 | 340 | 682 | 1,024 | 1,366 | 1,708 | 0 |
| Stock & work in progress | 885 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,459,709 | 566,238 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,288 | 9,256 |
| Group Debtors | 0 | 1,620,212 | 222,845 | 194,209 | 137,529 | 0 | 40,358 | 0 | 11,217 | 21,675 | 0 | 1,295 | 0 | 0 | 0 |
| Misc Debtors | 215,003 | 14,536 | 15,643 | 40,810 | 26,308 | 0 | 2,339 | 10,336 | 100 | 40 | 40 | 60 | 100 | 1 | 1 |
| Cash | 788,653 | 139,237 | 60,564 | 2,143 | 7,865 | 0 | 9,346 | 17,362 | 13,172 | 9,237 | 4,565 | 2,102 | 29,563 | 2,452 | 1,250 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,464,250 | 2,340,223 | 299,052 | 237,162 | 171,702 | 121,586 | 52,043 | 27,698 | 24,489 | 30,952 | 4,605 | 3,457 | 29,663 | 4,741 | 10,507 |
| total assets | 3,672,772 | 2,526,083 | 299,052 | 240,561 | 180,238 | 135,259 | 70,853 | 51,645 | 24,489 | 31,292 | 5,287 | 4,481 | 31,029 | 6,449 | 10,507 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 3,085 | 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 | 95,742 | 17,575 | 14,779 | 15,003 | 18,084 | 25,591 | 199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,929,661 | 0 | 0 | 0 | 0 | 0 | 0 | 7,832 | 0 | 0 | 0 | 0 | 4,080 | 4,935 | 9,796 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 410,735 | 1,647,849 | 64,815 | 64,692 | 47,737 | 0 | 27,305 | 20,093 | 19,664 | 28,935 | 3,592 | 4,345 | 26,859 | 2,250 | 2,250 |
| total current liabilities | 2,436,138 | 1,665,424 | 79,594 | 79,695 | 65,821 | 75,272 | 27,504 | 27,925 | 19,664 | 28,935 | 3,592 | 4,345 | 30,939 | 7,185 | 12,046 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 95,000 | 95,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 95,000 | 95,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,531,138 | 1,760,424 | 79,594 | 79,695 | 65,821 | 75,272 | 27,504 | 27,925 | 19,664 | 28,935 | 3,592 | 4,345 | 30,939 | 7,185 | 12,046 |
| net assets | 1,141,634 | 765,659 | 219,458 | 160,866 | 114,417 | 59,987 | 43,349 | 23,720 | 4,825 | 2,357 | 1,695 | 136 | 90 | -736 | -1,539 |
| total shareholders funds | 1,141,634 | 765,659 | 219,458 | 160,866 | 114,417 | 59,987 | 43,349 | 23,720 | 4,825 | 2,357 | 1,695 | 136 | 90 | -736 | -1,539 |
| Dec 2023 | Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 556,458 | 675,582 | 73,150 | 58,325 | 68,527 | 21,635 | 25,439 | 23,658 | 3,162 | 922 | 1,812 | 46 | 826 | 803 | -1,539 |
| Depreciation | 108,625 | 45,661 | 3,399 | 5,137 | 5,137 | 5,137 | 5,137 | 1,740 | 340 | 342 | 342 | 342 | 342 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -109,145 | -129,000 | -14,485 | -11,869 | -14,064 | -4,995 | -5,807 | -4,763 | -694 | -260 | -253 | 0 | 0 | 0 | 0 |
| Stock | 885 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 473,726 | 1,962,498 | 74,651 | 71,182 | 163,837 | -42,697 | 32,361 | -981 | -10,398 | 21,675 | -1,315 | 1,255 | -2,189 | -6,968 | 9,257 |
| Creditors | 78,167 | 2,796 | -3,305 | -3,081 | -7,507 | 25,392 | 199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,237,114 | 1,583,034 | 17,078 | 16,955 | 47,737 | -27,305 | 7,212 | 429 | -9,271 | 25,343 | -753 | -22,514 | 24,609 | 0 | 2,250 |
| Deferred Taxes & Provisions | 0 | 95,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,077,620 | 310,575 | 1,186 | -5,715 | -64,007 | -181 | 22,045 | 3,935 | 4,672 | 2,463 | -23,381 | 27,966 | 7,771 | -8,546 | |
| 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 | 1,929,661 | 0 | 0 | 0 | 0 | 0 | -7,832 | 7,832 | 0 | 0 | 0 | -4,080 | -855 | -4,861 | 9,796 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -71,338 | -381 | -73 | -7 | -33 | -3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | |
| cash flow from financing | 1,858,323 | -381 | 46,376 | -7 | -33 | -7,835 | 7,832 | 0 | 0 | 0 | -4,080 | -855 | -4,861 | 9,796 | |
| cash and cash equivalents | |||||||||||||||
| cash | 649,416 | 78,673 | 52,699 | -5,722 | 7,865 | -9,346 | -8,016 | 4,190 | 3,935 | 4,672 | 2,463 | -27,461 | 27,111 | 1,202 | 1,250 |
| overdraft | 0 | 0 | 0 | 0 | -3,085 | 3,085 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 649,416 | 78,673 | 52,699 | -5,722 | 10,950 | -12,431 | -8,016 | 4,190 | 3,935 | 4,672 | 2,463 | -27,461 | 27,111 | 1,202 | 1,250 |
swire renewable energy limited Credit Report and Business Information
Swire Renewable Energy Limited Competitor Analysis
Perform a competitor analysis for swire renewable energy limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SW1E area or any other competitors across 12 key performance metrics.
swire renewable energy limited Ownership
SWIRE RENEWABLE ENERGY LIMITED group structure
Swire Renewable Energy Limited has no subsidiary companies.
Ultimate parent company
SWIRE ENERGY SERVICES AS
#0110591
1 parent
SWIRE RENEWABLE ENERGY LIMITED
06797099
swire renewable energy limited directors
Swire Renewable Energy Limited currently has 3 directors. The longest serving directors include Ms Victoria Gilbert (Mar 2022) and Mr Ryan Smith (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Victoria Gilbert | United Kingdom | 44 years | Mar 2022 | - | Director |
| Mr Ryan Smith | United Kingdom | 47 years | Nov 2022 | - | Director |
| Mr Flemming Andersen | Denmark | 61 years | Nov 2022 | - | Director |
P&L
December 2023turnover
10.9m
-15%
operating profit
556.5k
-18%
gross margin
19.1%
+100.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
+0.49%
total assets
3.7m
+0.45%
cash
788.7k
+4.66%
net assets
Total assets minus all liabilities
swire renewable energy limited company details
company number
06797099
Type
Private limited with Share Capital
industry
27110 - Manufacture of electric motors, generators and transformers
incorporation date
January 2009
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
swire energy services wind ltd (January 2023)
all nrg grimsby ltd (August 2021)
See moreaccountant
-
auditor
KROGH & PARTNERS LIMITED
address
swire house 59 buckingham gate, london, SW1E 6AJ
Bank
-
Legal Advisor
-
swire renewable 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 did not find charges/mortgages relating to swire renewable energy limited.
swire renewable energy limited Companies House Filings - See Documents
| date | description | view/download |
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