pulse clean energy limited

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pulse clean energy limited Company Information

Share PULSE CLEAN ENERGY LIMITED

Company Number

07056616

Directors

Polina Sims

Polina Sims

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Shareholders

pulse clean energy holdings limited

Group Structure

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Industry

Production of electricity

 

Registered Address

2 new bailey, 6 stanley street, salford, greater manchester, M3 5GS

pulse clean energy limited Estimated Valuation

£33.4m

Pomanda estimates the enterprise value of PULSE CLEAN ENERGY LIMITED at £33.4m based on a Turnover of £14.7m and 2.27x industry multiple (adjusted for size and gross margin).

pulse clean energy limited Estimated Valuation

£11.9m

Pomanda estimates the enterprise value of PULSE CLEAN ENERGY LIMITED at £11.9m based on an EBITDA of £1.8m and a 6.64x industry multiple (adjusted for size and gross margin).

pulse clean energy limited Estimated Valuation

£215.5m

Pomanda estimates the enterprise value of PULSE CLEAN ENERGY LIMITED at £215.5m based on Net Assets of £78.2m and 2.75x industry multiple (adjusted for liquidity).

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Pulse Clean Energy Limited Overview

Pulse Clean Energy Limited is a live company located in salford, M3 5GS with a Companies House number of 07056616. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2009, it's largest shareholder is pulse clean energy holdings limited with a 100% stake. Pulse Clean Energy Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.7m with low growth in recent years.

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Pulse Clean Energy Limited Health Check

Pomanda's financial health check has awarded Pulse Clean Energy Limited 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

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £14.7m, make it larger than the average company (£1.8m)

£14.7m - Pulse Clean Energy Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (10.8%)

1% - Pulse Clean Energy Limited

10.8% - Industry AVG

production

Production

with a gross margin of 82.3%, this company has a comparable cost of product (71%)

82.3% - Pulse Clean Energy Limited

71% - Industry AVG

profitability

Profitability

an operating margin of 12.2% make it less profitable than the average company (51.1%)

12.2% - Pulse Clean Energy Limited

51.1% - Industry AVG

employees

Employees

with 23 employees, this is above the industry average (3)

23 - Pulse Clean Energy Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £152.1k, the company has a higher pay structure (£78.6k)

£152.1k - Pulse Clean Energy Limited

£78.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £639.2k, this is more efficient (£452.2k)

£639.2k - Pulse Clean Energy Limited

£452.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (16 days)

8 days - Pulse Clean Energy Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 833 days, this is slower than average (21 days)

833 days - Pulse Clean Energy Limited

21 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 45 days, this is more than average (18 days)

45 days - Pulse Clean Energy Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 85 weeks, this is more cash available to meet short term requirements (9 weeks)

85 weeks - Pulse Clean Energy Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.8%, this is a lower level of debt than the average (90%)

66.8% - Pulse Clean Energy Limited

90% - Industry AVG

PULSE CLEAN ENERGY LIMITED financials

EXPORTms excel logo

Pulse Clean Energy Limited's latest turnover from December 2023 is £14.7 million and the company has net assets of £78.2 million. According to their latest financial statements, Pulse Clean Energy Limited has 23 employees and maintains cash reserves of £20.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover14,701,8338,194,4961,565,03515,426,01114,272,35913,598,57418,028,96121,810,84116,825,08216,139,71812,167,6205,945,153278,705
Other Income Or Grants
Cost Of Sales2,596,5501,811,264350,389501,848305,543718,3923,165,5453,186,3334,255,2271,443,7711,943,984109,150
Gross Profit12,105,2836,383,2321,565,03515,075,62213,770,51113,293,03117,310,56918,645,29613,638,74911,884,49110,723,8494,001,169169,555
Admin Expenses10,319,5036,415,9712,066,3405,361,4893,481,1763,960,3114,420,1865,729,8221,093,0751,642,5383,676,2882,069,2591,516,220922,691
Operating Profit1,785,780-32,739-501,3059,714,13310,289,3359,332,72012,890,38312,915,47412,545,67410,241,9537,047,5611,931,910-1,346,665-922,691
Interest Payable9,438,9611,701,5919,370,8403,876,2444,246,5994,272,5825,249,5055,185,6065,085,9055,065,0884,391,2061,953,0439,233
Interest Receivable7,8991,35739,690126,359135,532128,1081,720
Pre-Tax Profit-7,645,282-1,732,9731,701,737351,7446,467,0985,391,9988,282,6597,751,5337,360,0685,156,0481,982,473-2,445,921-3,302,997-931,924
Tax88,7971,130,125-27,012-2,823,754-1,883,492-1,459,360-1,192,029-1,328,644-1,105,685-1,028,656-600,170436,034958,335
Profit After Tax-7,556,485-602,8481,674,725-2,472,0104,583,6063,932,6387,090,6306,422,8896,254,3834,127,3921,382,303-2,009,887-2,344,662-931,924
Dividends Paid2,525,2643,117,8962,900,0004,000,0003,200,0006,100,0001,400,0001,227,520
Retained Profit-7,556,485-602,848-850,539-5,589,9061,683,606-67,3623,890,630322,8894,854,3832,899,8721,382,303-2,009,887-2,344,662-931,924
Employee Costs3,499,3652,377,4651,411,000419,708310,304334,794377,794346,218687,082968,5081,426,7321,202,5281,011,094196,548
Number Of Employees23159778875121313108
EBITDA*1,785,780-32,739538,29310,975,70311,617,04210,635,52414,248,44614,524,45413,905,81712,170,3088,342,4092,705,481-1,300,486-922,691

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets125,170,83257,872,52645,097,08948,645,42149,873,65351,092,12552,447,98555,186,98556,508,53255,429,87656,023,82216,899,417110,621
Intangible Assets44,340,404155,070
Investments & Other4,000,000326,568357,807430,159259,81486,064113,405
Debtors (Due After 1 year)
Total Fixed Assets169,511,23658,027,5964,000,00045,423,65749,003,22850,303,81251,351,93952,534,04955,186,98556,621,93755,429,87656,023,82216,899,417110,621
Stock & work in progress326,673434,914283,205346,603339,215332,693294,440207,083281,177366,287392,15489,818
Trade Debtors355,434749,87210,3861,143,9952,091,3872,296,613347,214922,8391,987,8131,985,748559,796414,70047,089
Group Debtors26,690,0145,518,900330,540678,8352,049,6412,280,4691,400,3731,413,4601,26114,911
Misc Debtors18,434,31320,114,38297,6862,096,7352,592,0132,277,8315,412,9004,892,4788,322,7227,978,3543,937,9463,876,0273,607,469197,210
Cash20,223,1331,063,88887,6832,895,3977,420,7369,588,47712,320,07310,332,9747,707,2414,621,7204,568,78411,151,38113,707,61452,572
misc current assets
total current assets66,029,56727,881,956526,2957,098,16714,500,38016,782,60519,813,25317,856,19118,224,85914,866,9999,432,81315,835,52317,466,901249,782
total assets235,540,80385,909,5524,526,29552,521,82463,503,60867,086,41771,165,19270,390,24073,411,84471,488,93664,862,68971,859,34534,366,318360,403
Bank overdraft4,668,7617,805,298
Bank loan
Trade Creditors 5,930,553768,65148,659604,707329,6831,747,111338,686973,467741,7861,008,3341,492,9374,198,1224,408,253
Group/Directors Accounts1,747,7468,066,079246,49852,111215,103288,293
other short term finances84,8776,383,2555,358,3555,992,357575,6098,644,6332,789,1412,898,3131,892,752309,233
hp & lease commitments
other current liabilities4,472,6293,973,702468,2792,695,1462,790,4042,616,5134,092,9213,480,8603,099,7722,952,5281,970,7724,976,233327,936273,094
total current liabilities12,235,80512,808,432516,9389,929,6068,530,55310,355,9818,884,4719,411,38112,222,46512,605,4956,252,85012,072,6686,628,941582,327
loans140,210,77540,748,85228,803,84436,124,73041,123,19947,317,82552,417,79253,243,90654,760,57157,793,01060,582,15126,522,964
hp & lease commitments
Accruals and Deferred Income
other liabilities2,646,175230,000
provisions4,852,9434,941,7406,814,0955,001,9693,961,9993,348,9042,572,7181,058,374
total long term liabilities145,063,71845,690,59235,617,93941,126,69945,085,19850,789,72954,990,51054,302,28057,406,74658,023,01060,582,15126,522,964
total liabilities157,299,52358,499,024516,93845,547,54549,657,25255,441,17959,674,20064,401,89166,524,74570,012,24164,275,86072,654,81933,151,905582,327
net assets78,241,28027,410,5284,009,3576,974,27913,846,35611,645,23811,490,9925,988,3496,887,0991,476,695586,829-795,4741,214,413-221,924
total shareholders funds78,241,28027,410,5284,009,3576,974,27913,846,35611,645,23811,490,9925,988,3496,887,0991,476,695586,829-795,4741,214,413-221,924
Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit1,785,780-32,739-501,3059,714,13310,289,3359,332,72012,890,38312,915,47412,545,67410,241,9537,047,5611,931,910-1,346,665-922,691
Depreciation1,039,5981,261,5701,327,7071,302,8041,358,0631,608,9801,360,1431,294,8481,294,848773,57146,179
Amortisation633,507
Tax88,7971,130,125-27,012-2,823,754-1,883,492-1,459,360-1,192,029-1,328,644-1,105,685-1,028,656-600,170436,034958,335
Stock-108,241151,709-283,205-63,3987,3886,52238,25387,357-74,094-85,110-25,867302,33689,818
Debtors19,096,60722,463,589-3,480,953-2,813,476-121,872-305,574-68,290-3,081,758346,4335,466,360205,754622,5193,472,259197,210
Creditors5,161,902163,944-556,048275,024-1,417,4281,408,425-634,781231,681-266,548-484,603-2,705,185-210,1314,408,253
Accruals and Deferred Income498,9271,278,556-2,226,867-95,258173,891-1,476,408612,061381,088147,244981,756-3,005,4614,648,29754,842273,094
Deferred Taxes & Provisions-88,797-1,872,355-6,814,0951,812,1261,039,970613,095776,1861,514,3441,058,374
Cash flow from operations-11,541,757-21,947,767-5,321,57113,020,7159,644,46710,020,32813,839,92018,317,32413,466,8636,257,5551,851,7066,654,826558,867-846,807
Investing Activities
capital expenditure44,057,491-2,2031,144,862-38,596-2,397,017-700,902-35,541,175-16,442,970-110,621
Change in Investments-326,5683,673,432-31,239-72,352170,345173,75086,064-113,405113,405
cash flow from investments326,56840,384,05931,23972,352-170,345-175,9531,058,79874,809-2,510,422-700,902-35,541,175-16,442,970-110,621
Financing Activities
Bank loans
Group/Directors Accounts-6,318,3337,819,581-246,498194,38752,111-215,103-73,190288,293
Other Short Term Loans 84,877-6,383,255-6,383,2551,024,900-634,0025,992,357-575,609-8,069,0245,855,492-109,1721,005,5611,583,519309,233
Long term loans99,461,92311,945,008-28,803,844-7,320,886-4,998,469-6,194,626-5,099,967-826,114-1,516,665-3,032,439-2,789,14134,059,18726,522,964
Hire Purchase and Lease Commitments
other long term liabilities-2,646,1752,416,175230,000
share issue58,387,23721,039,097-2,114,383-1,282,171517,512221,6081,612,013-1,221,639556,021-2,010,0063,780,999710,000
interest-9,431,062-1,700,234-9,331,150-3,749,885-4,111,067-4,144,474-5,249,505-5,185,606-5,085,905-5,065,088-4,389,486-1,953,043-9,233
cash flow from financing142,184,64232,720,197-37,547,980-16,714,920-8,812,733-4,306,831-7,705,618-7,584,574-16,861,449-1,856,683-7,733,40130,675,26229,934,4391,010,000
cash and cash equivalents
cash19,159,245-1,831,509-2,807,714-4,525,339-2,167,741-2,731,5961,987,0992,625,7333,085,52152,936-6,582,597-2,556,23313,655,04252,572
overdraft-4,668,761-3,136,5377,805,298
change in cash19,159,245-1,831,509-2,807,714-4,525,339-2,167,741-2,731,5966,655,8605,762,270-4,719,77752,936-6,582,597-2,556,23313,655,04252,572

pulse clean energy limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pulse Clean Energy Limited Competitor Analysis

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Perform a competitor analysis for pulse clean energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in M 3 area or any other competitors across 12 key performance metrics.

pulse clean energy limited directors

Pulse Clean Energy Limited currently has 6 directors. The longest serving directors include Ms Polina Sims (Oct 2021) and Ms Polina Sims (Oct 2021).

officercountryagestartendrole
Ms Polina SimsUnited Kingdom47 years Oct 2021- Director
Ms Polina SimsUnited Kingdom47 years Oct 2021- Director
Mr Trevor WillsUnited Kingdom41 years Oct 2021- Director
Ms Polina SimsUnited Kingdom47 years Oct 2021- Director
Ms Alison Kay60 years Jan 2022- Director
Mr Trevor WillsUnited Kingdom41 years Oct 2023- Director

P&L

December 2023

turnover

14.7m

+79%

operating profit

1.8m

-5555%

gross margin

82.4%

+5.7%

turnover

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

Balance Sheet

December 2023

net assets

78.2m

+1.85%

total assets

235.5m

+1.74%

cash

20.2m

+18.01%

net assets

Total assets minus all liabilities

pulse clean energy limited company details

company number

07056616

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

October 2009

age

16

incorporated

UK

ultimate parent company

IMCO VALENCE LP

accounts

Group

last accounts submitted

December 2023

previous names

green frog power limited (January 2022)

green frog grid ne limited (April 2010)

accountant

-

auditor

BDO LLP

address

2 new bailey, 6 stanley street, salford, greater manchester, M3 5GS

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

pulse clean 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 8 charges/mortgages relating to pulse clean energy limited. Currently there are 1 open charges and 7 have been satisfied in the past.

pulse clean 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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pulse clean energy limited Companies House Filings - See Documents

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