the ethical renewable company ltd
the ethical renewable company ltd Company Information
Company Number
07379781
Next Accounts
Sep 2025
Shareholders
edf energy renewables limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
alexander house 1 mandarin road, rainton bridge business park, houghton le spring, sunderland, DH4 5RA
Website
www.ethical-power.comthe ethical renewable company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ETHICAL RENEWABLE COMPANY LTD at £1.5m based on a Turnover of £3.8m and 0.4x industry multiple (adjusted for size and gross margin).
the ethical renewable company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ETHICAL RENEWABLE COMPANY LTD at £0 based on an EBITDA of £-822.4k and a 4.01x industry multiple (adjusted for size and gross margin).
the ethical renewable company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ETHICAL RENEWABLE COMPANY LTD at £1.7m based on Net Assets of £809.5k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Ethical Renewable Company Ltd Overview
The Ethical Renewable Company Ltd is a live company located in houghton le spring, DH4 5RA with a Companies House number of 07379781. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 2010, it's largest shareholder is edf energy renewables limited with a 100% stake. The Ethical Renewable Company Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Ethical Renewable Company Ltd Health Check
Pomanda's financial health check has awarded The Ethical Renewable Company Ltd 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 £3.8m, make it smaller than the average company (£8.5m)
- The Ethical Renewable Company Ltd
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (9.2%)
- The Ethical Renewable Company Ltd
9.2% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- The Ethical Renewable Company Ltd
24.5% - Industry AVG
Profitability
an operating margin of -24.1% make it less profitable than the average company (6%)
- The Ethical Renewable Company Ltd
6% - Industry AVG
Employees
with 19 employees, this is below the industry average (36)
- The Ethical Renewable Company Ltd
36 - Industry AVG
Pay Structure
on an average salary of £50k, the company has an equivalent pay structure (£50k)
- The Ethical Renewable Company Ltd
£50k - Industry AVG
Efficiency
resulting in sales per employee of £198.9k, this is equally as efficient (£202.5k)
- The Ethical Renewable Company Ltd
£202.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (56 days)
- The Ethical Renewable Company Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (37 days)
- The Ethical Renewable Company Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 160 days, this is more than average (16 days)
- The Ethical Renewable Company Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (20 weeks)
2 weeks - The Ethical Renewable Company Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (61.1%)
70.4% - The Ethical Renewable Company Ltd
61.1% - Industry AVG
THE ETHICAL RENEWABLE COMPANY LTD financials
The Ethical Renewable Company Ltd's latest turnover from December 2023 is estimated at £3.8 million and the company has net assets of £809.5 thousand. According to their latest financial statements, we estimate that The Ethical Renewable Company Ltd has 19 employees and maintains cash reserves of £103.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 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
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 86,527 | 660,550 | 309,099 | 6,130 | 4,204 | 145,246 | 145,246 | ||||||
| Intangible Assets | 246 | 246 | 245 | ||||||||||
| Investments & Other | 246 | 246 | 246 | 246 | 245 | 245 | |||||||
| Debtors (Due After 1 year) | 55,189 | ||||||||||||
| Total Fixed Assets | 86,527 | 660,796 | 309,345 | 61,565 | 4,204 | 145,246 | 145,246 | 246 | 246 | 245 | 246 | 245 | 245 |
| Stock & work in progress | 1,250,578 | 664,087 | 947,667 | 75,335 | |||||||||
| Trade Debtors | 31,685 | 1,532,191 | 785,551 | 60,546 | 456,278 | 223,620 | 88,167 | 78,851 | 16,610 | 10,974 | 8,113 | ||
| Group Debtors | 1,245,452 | ||||||||||||
| Misc Debtors | 12,537 | 17,364 | |||||||||||
| Cash | 103,607 | 388,500 | 76,174 | 393,043 | 70,415 | 79,875 | 34,928 | 3,464 | 36 | 337 | |||
| misc current assets | |||||||||||||
| total current assets | 2,643,859 | 2,584,778 | 1,809,392 | 546,288 | 456,278 | 223,620 | 88,167 | 149,266 | 96,485 | 45,902 | 11,577 | 36 | 337 |
| total assets | 2,730,386 | 3,245,574 | 2,118,737 | 607,853 | 460,482 | 368,866 | 233,413 | 149,512 | 96,731 | 46,147 | 11,823 | 281 | 582 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 427,260 | 796,229 | 1,052,175 | 35,678 | 60,550 | 27,673 | 16,550 | 15,661 | 10,610 | 4,728 | 579 | ||
| Group/Directors Accounts | 1,272,975 | ||||||||||||
| other short term finances | 55,016 | ||||||||||||
| hp & lease commitments | 12,149 | ||||||||||||
| other current liabilities | 138,943 | 51,711 | 879 | ||||||||||
| total current liabilities | 1,906,343 | 796,229 | 1,052,175 | 51,711 | 35,678 | 60,550 | 27,673 | 16,550 | 15,661 | 10,610 | 4,728 | 879 | 579 |
| loans | 50,000 | ||||||||||||
| hp & lease commitments | 14,516 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 738,827 | 232,258 | |||||||||||
| provisions | |||||||||||||
| total long term liabilities | 14,516 | 738,827 | 232,258 | 50,000 | |||||||||
| total liabilities | 1,920,859 | 1,535,056 | 1,284,433 | 101,711 | 35,678 | 60,550 | 27,673 | 16,550 | 15,661 | 10,610 | 4,728 | 879 | 579 |
| net assets | 809,527 | 1,710,518 | 834,304 | 506,142 | 424,804 | 308,316 | 205,740 | 132,962 | 81,070 | 35,537 | 7,095 | -598 | 3 |
| total shareholders funds | 809,527 | 1,710,518 | 834,304 | 506,142 | 424,804 | 308,316 | 205,740 | 132,962 | 81,070 | 35,537 | 7,095 | -598 | 3 |
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 88,405 | 94,808 | 1,531 | ||||||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | 586,491 | -283,580 | 872,332 | 75,335 | |||||||||
| Debtors | -242,517 | 746,640 | 652,452 | -323,179 | 232,658 | 135,453 | 9,316 | 62,241 | 5,636 | 2,861 | 8,113 | ||
| Creditors | -368,969 | -255,946 | 1,052,175 | -35,678 | -24,872 | 32,877 | 11,123 | 889 | 5,051 | 5,882 | 4,728 | -579 | 579 |
| Accruals and Deferred Income | 138,943 | -51,711 | 51,711 | -879 | 879 | ||||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -246 | 246 | -246 | 1 | 245 | ||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 1,272,975 | ||||||||||||
| Other Short Term Loans | 55,016 | ||||||||||||
| Long term loans | -50,000 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | 26,665 | ||||||||||||
| other long term liabilities | -738,827 | 506,569 | 232,258 | ||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -284,893 | 312,326 | -316,869 | 393,043 | -70,415 | -9,460 | 44,947 | 31,464 | 3,428 | -301 | 337 | ||
| overdraft | |||||||||||||
| change in cash | -284,893 | 312,326 | -316,869 | 393,043 | -70,415 | -9,460 | 44,947 | 31,464 | 3,428 | -301 | 337 |
the ethical renewable company ltd Credit Report and Business Information
The Ethical Renewable Company Ltd Competitor Analysis
Perform a competitor analysis for the ethical renewable company ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DH4 area or any other competitors across 12 key performance metrics.
the ethical renewable company ltd Ownership
THE ETHICAL RENEWABLE COMPANY LTD group structure
The Ethical Renewable Company Ltd has 1 subsidiary company.
Ultimate parent company
ELECTRICITE DE FRANCE SA
#0013854
2 parents
THE ETHICAL RENEWABLE COMPANY LTD
07379781
1 subsidiary
the ethical renewable company ltd directors
The Ethical Renewable Company Ltd currently has 5 directors. The longest serving directors include Mr Nicholas Porter (Sep 2010) and Ms Rachael Kyle (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Porter | England | 48 years | Sep 2010 | - | Director |
| Ms Rachael Kyle | England | 35 years | Sep 2023 | - | Director |
| Mr Jonathan O'Sullivan | Scotland | 47 years | Sep 2023 | - | Director |
| Mr Matthieu Hue | 49 years | Sep 2023 | - | Director | |
| Raghav Singh | England | 44 years | Sep 2023 | - | Director |
P&L
December 2023turnover
3.8m
-56%
operating profit
-910.8k
0%
gross margin
24.6%
-0.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
809.5k
-0.53%
total assets
2.7m
-0.16%
cash
103.6k
-0.73%
net assets
Total assets minus all liabilities
the ethical renewable company ltd company details
company number
07379781
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
September 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CHRISTOPHER KETLEY
address
alexander house 1 mandarin road, rainton bridge business park, houghton le spring, sunderland, DH4 5RA
Bank
-
Legal Advisor
-
the ethical renewable company 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 4 charges/mortgages relating to the ethical renewable company ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
the ethical renewable company 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.
Click to start generating capital raising & share issue transactions for THE ETHICAL RENEWABLE COMPANY LTD. This can take several minutes, an email will notify you when this has completed.
the ethical renewable company ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
