apple solar limited
apple solar limited Company Information
Company Number
07275325
Website
applesolarenergy.co.ukRegistered Address
4th floor cumberland house, 15-17 cumberland place, southampton, hampshire, SO15 2BG
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
2853 days late
Group Structure
View All
Directors
Scott Hill14 Years
Shareholders
apple group holdings ltd 100%
apple solar limited Estimated Valuation
Pomanda estimates the enterprise value of APPLE SOLAR LIMITED at £3.1m based on a Turnover of £4.9m and 0.64x industry multiple (adjusted for size and gross margin).
apple solar limited Estimated Valuation
Pomanda estimates the enterprise value of APPLE SOLAR LIMITED at £0 based on an EBITDA of £-556.7k and a 6.73x industry multiple (adjusted for size and gross margin).
apple solar limited Estimated Valuation
Pomanda estimates the enterprise value of APPLE SOLAR LIMITED at £0 based on Net Assets of £-1.3m and 3.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Apple Solar Limited Overview
Apple Solar Limited is a live company located in southampton, SO15 2BG with a Companies House number of 07275325. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in June 2010, it's largest shareholder is apple group holdings ltd with a 100% stake. Apple Solar Limited is a established, small sized company, Pomanda has estimated its turnover at £4.9m with declining growth in recent years.
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Apple Solar Limited Health Check
Pomanda's financial health check has awarded Apple Solar Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £4.9m, make it larger than the average company (£267k)
- Apple Solar Limited
£267k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (3.5%)
- Apple Solar Limited
3.5% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Apple Solar Limited
36.6% - Industry AVG
Profitability
an operating margin of -11.4% make it less profitable than the average company (8.7%)
- Apple Solar Limited
8.7% - Industry AVG
Employees
with 36 employees, this is below the industry average (65)
- Apple Solar Limited
65 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Apple Solar Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £135.2k, this is equally as efficient (£138.9k)
- Apple Solar Limited
£138.9k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (45 days)
- Apple Solar Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 241 days, this is slower than average (50 days)
- Apple Solar Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is more than average (11 days)
- Apple Solar Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (24 weeks)
9 weeks - Apple Solar Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 275.3%, this is a higher level of debt than the average (71%)
275.3% - Apple Solar Limited
71% - Industry AVG
APPLE SOLAR LIMITED financials
Apple Solar Limited's latest turnover from March 2015 is estimated at £4.9 million and the company has net assets of -£1.3 million. According to their latest financial statements, we estimate that Apple Solar Limited has 36 employees and maintains cash reserves of £363.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 117,919 | 113,812 | 80,835 | 208,481 | 0 |
| Trade Debtors | 261,945 | 287,485 | 312,120 | 936,003 | 126,873 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 363,251 | 27,927 | 32,719 | 274,326 | 82,413 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 743,115 | 429,224 | 425,674 | 1,418,810 | 209,286 |
| total assets | 743,115 | 429,224 | 425,674 | 1,418,810 | 209,286 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,045,575 | 1,175,951 | 725,790 | 2,011,525 | 170,515 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,045,575 | 1,175,951 | 725,790 | 2,011,525 | 170,515 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,045,575 | 1,175,951 | 725,790 | 2,011,525 | 170,515 |
| net assets | -1,302,460 | -746,727 | -300,116 | -592,715 | 38,771 |
| total shareholders funds | -1,302,460 | -746,727 | -300,116 | -592,715 | 38,771 |
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 4,107 | 32,977 | -127,646 | 208,481 | 0 |
| Debtors | -25,540 | -24,635 | -623,883 | 809,130 | 126,873 |
| Creditors | 869,624 | 450,161 | -1,285,735 | 1,841,010 | 170,515 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 335,324 | -4,792 | -241,607 | 191,913 | 82,413 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 335,324 | -4,792 | -241,607 | 191,913 | 82,413 |
apple solar limited Credit Report and Business Information
Apple Solar Limited Competitor Analysis
Perform a competitor analysis for apple solar limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.
apple solar limited Ownership
APPLE SOLAR LIMITED group structure
Apple Solar Limited has no subsidiary companies.
apple solar limited directors
Apple Solar Limited currently has 1 director, Mr Scott Hill serving since Jun 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Hill | United Kingdom | 64 years | Jun 2010 | - | Director |
P&L
March 2015turnover
4.9m
+36%
operating profit
-556.7k
0%
gross margin
36.6%
-3.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2015net assets
-1.3m
+0.74%
total assets
743.1k
+0.73%
cash
363.3k
+12.01%
net assets
Total assets minus all liabilities
apple solar limited company details
company number
07275325
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
June 2010
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2015
previous names
N/A
accountant
-
auditor
-
address
4th floor cumberland house, 15-17 cumberland place, southampton, hampshire, SO15 2BG
Bank
-
Legal Advisor
-
apple solar 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 apple solar limited.
apple solar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
