aspire eco energy limited

aspire eco energy limited Company Information

Share ASPIRE ECO ENERGY LIMITED
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Company Number

07401037

Industry

Other construction installation

 

Electrical installation

 

Shareholders

leigh vernon myers

lee jones

Group Structure

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Contact

Registered Address

unit 34 wingfield view, clay cross, chesterfield, derbyshire, S45 9JW

aspire eco energy limited Estimated Valuation

£110.6k

Pomanda estimates the enterprise value of ASPIRE ECO ENERGY LIMITED at £110.6k based on a Turnover of £243.7k and 0.45x industry multiple (adjusted for size and gross margin).

aspire eco energy limited Estimated Valuation

£312.9k

Pomanda estimates the enterprise value of ASPIRE ECO ENERGY LIMITED at £312.9k based on an EBITDA of £72.4k and a 4.32x industry multiple (adjusted for size and gross margin).

aspire eco energy limited Estimated Valuation

£13.2k

Pomanda estimates the enterprise value of ASPIRE ECO ENERGY LIMITED at £13.2k based on Net Assets of £4.6k and 2.86x industry multiple (adjusted for liquidity).

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Aspire Eco Energy Limited Overview

Aspire Eco Energy Limited is a live company located in chesterfield, S45 9JW with a Companies House number of 07401037. It operates in the electrical installation sector, SIC Code 43210. Founded in October 2010, it's largest shareholder is leigh vernon myers with a 75% stake. Aspire Eco Energy Limited is a established, micro sized company, Pomanda has estimated its turnover at £243.7k with declining growth in recent years.

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Aspire Eco Energy Limited Health Check

Pomanda's financial health check has awarded Aspire Eco Energy Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £243.7k, make it smaller than the average company (£1.5m)

£243.7k - Aspire Eco Energy Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (12.5%)

-3% - Aspire Eco Energy Limited

12.5% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)

26.6% - Aspire Eco Energy Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of 26% make it more profitable than the average company (6.3%)

26% - Aspire Eco Energy Limited

6.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - Aspire Eco Energy Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £44k, the company has an equivalent pay structure (£44k)

£44k - Aspire Eco Energy Limited

£44k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.9k, this is less efficient (£164.8k)

£121.9k - Aspire Eco Energy Limited

£164.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is near the average (54 days)

44 days - Aspire Eco Energy Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 97 days, this is slower than average (40 days)

97 days - Aspire Eco Energy Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 22 days, this is more than average (15 days)

22 days - Aspire Eco Energy Limited

15 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (24 weeks)

18 weeks - Aspire Eco Energy Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (61.5%)

95.5% - Aspire Eco Energy Limited

61.5% - Industry AVG

ASPIRE ECO ENERGY LIMITED financials

EXPORTms excel logo

Aspire Eco Energy Limited's latest turnover from April 2024 is estimated at £243.7 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, we estimate that Aspire Eco Energy Limited has 2 employees and maintains cash reserves of £17.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover243,723145,523663,435270,751247,981277,349408,351303,040254,629530,895463,779266,615160,281597,447
Other Income Or Grants00000000000000
Cost Of Sales178,979106,845491,826199,803182,673204,488295,815218,307181,108378,584329,292191,425110,161402,248
Gross Profit64,74538,678171,60970,94865,30872,861112,53684,73373,521152,311134,48775,19150,120195,198
Admin Expenses1,28284,001118,82660,98824,73273,42892,706102,775144,215150,087118,722138,49421,213158,714
Operating Profit63,463-45,32352,7839,96040,576-56719,830-18,042-70,6942,22415,765-63,30328,90736,484
Interest Payable3,8972,545484182818641,10790941400000
Interest Receivable59820832114417122154718628625
Pre-Tax Profit60,164-47,66052,6209,95740,299-1,41418,735-18,949-71,0932,27115,784-63,24128,99336,509
Tax-15,0410-9,998-1,892-7,6570-3,56000-454-3,3150-6,958-9,492
Profit After Tax45,123-47,66042,6228,06532,642-1,41415,175-18,949-71,0931,81712,469-63,24122,03527,017
Dividends Paid00000000000000
Retained Profit45,123-47,66042,6228,06532,642-1,41415,175-18,949-71,0931,81712,469-63,24122,03527,017
Employee Costs88,00641,655203,430198,704195,277204,060202,929112,83675,628153,325111,83671,70469,825175,226
Number Of Employees21555553243225
EBITDA*72,423-41,46263,07816,27843,7306,60622,583-10,304-63,04328,30944,169-43,61544,90758,537

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets28,5149,78230,88918,9569,46412,89319,76123,21222,95530,25637,21511,06714,75518,160
Intangible Assets000000000016,00032,00048,00064,000
Investments & Other2,1270000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets30,6419,78230,88918,9569,46412,89319,76123,21222,95530,25653,21543,06762,75582,160
Stock & work in progress11,0529,2809,2809,2808,0008,0008,00010,00013,55013,5506,6105,1466,85050,253
Trade Debtors29,90827,023139,21920,2777,10812,89944,74527,96829,67373,88966,28522,3058,75443,965
Group Debtors00000000000000
Misc Debtors0029,86033,89243,32211,56513,93532,35729,63600000
Cash17,5695,2174,55323,9644,9752,9491,6741,564011,8757,03134224,48810,073
misc current assets12,3000000000000000
total current assets70,82941,520182,91287,41363,40535,41368,35471,88972,85999,31479,92627,79340,092104,291
total assets101,47051,302213,801106,36972,86948,30688,11595,10195,814129,570133,14170,860102,847186,451
Bank overdraft0011,72405758,63416,97515,83313,25100000
Bank loan00000000000000
Trade Creditors 48,03117,43978,38838,99840,61838,90373,12383,81248,612107,720106,45585,04753,793159,432
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments004,8371,5383,6323,6223,63311,0499,05300000
other current liabilities2,60636,44451,34450,78169,50867,61159,81361,50381,57600000
total current liabilities50,63753,883146,29391,317114,333118,770153,544172,197152,492107,720106,45585,04753,793159,432
loans31,35337,932000000000000
hp & lease commitments14,870017,6305272,0765,7189,33912,84714,31600000
Accruals and Deferred Income00000000000000
other liabilities0042,73150,0000000021,75128,404000
provisions00000000000000
total long term liabilities46,22337,93260,36150,5272,0765,7189,33912,84714,31621,75128,404000
total liabilities96,86091,815206,654141,844116,409124,488162,883185,044166,808129,471134,85985,04753,793159,432
net assets4,610-40,5137,147-35,475-43,540-76,182-74,768-89,943-70,99499-1,718-14,18749,05427,019
total shareholders funds4,610-40,5137,147-35,475-43,540-76,182-74,768-89,943-70,99499-1,718-14,18749,05427,019
Apr 2024Apr 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit63,463-45,32352,7839,96040,576-56719,830-18,042-70,6942,22415,765-63,30328,90736,484
Depreciation8,9603,86110,2956,3183,1547,1732,7537,7387,65110,08512,4043,68806,053
Amortisation00000000016,00016,00016,00016,00016,000
Tax-15,0410-9,998-1,892-7,6570-3,56000-454-3,3150-6,958-9,492
Stock1,772001,28000-2,000-3,55006,9401,464-1,704-43,40350,253
Debtors2,885-142,056114,9103,73925,966-34,216-1,6451,016-14,5807,60443,98013,551-35,21143,965
Creditors30,592-60,94939,390-1,6201,715-34,220-10,68935,200-59,1081,26521,40831,254-105,639159,432
Accruals and Deferred Income-33,838-14,900563-18,7271,8977,798-1,690-20,07381,57600000
Deferred Taxes & Provisions00000000000000
Cash flow from operations49,47924,745-21,877-10,98013,71914,40010,2897,357-25,99514,57616,818-24,20810,924114,259
Investing Activities
capital expenditure-27,69217,246-22,228-15,810275-305698-7,995-350-3,126-38,55203,405-104,213
Change in Investments2,1270000000000000
cash flow from investments-29,81917,246-22,228-15,810275-305698-7,995-350-3,126-38,55203,405-104,213
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-6,57937,932000000000000
Hire Purchase and Lease Commitments14,870-22,46720,402-3,643-3,632-3,632-10,92452723,36900000
other long term liabilities0-42,731-7,26950,0000000-21,751-6,65328,404000
share issue00000000000002
interest-3,299-2,337-163-4-277-847-1,095-907-3994718628625
cash flow from financing4,992-29,60312,97046,353-3,909-4,479-12,019-3801,219-6,60628,422628627
cash and cash equivalents
cash12,352664-19,41118,9892,0261,2751101,564-11,8754,8446,689-24,14614,41510,073
overdraft0-11,72411,724-575-8,059-8,3411,1422,58213,25100000
change in cash12,35212,388-31,13519,56410,0859,616-1,032-1,018-25,1264,8446,689-24,14614,41510,073

aspire eco energy limited 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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Aspire Eco Energy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for aspire eco energy limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in S45 area or any other competitors across 12 key performance metrics.

aspire eco energy limited Ownership

ASPIRE ECO ENERGY LIMITED group structure

Aspire Eco Energy Limited has no subsidiary companies.

Ultimate parent company

ASPIRE ECO ENERGY LIMITED

07401037

ASPIRE ECO ENERGY LIMITED Shareholders

leigh vernon myers 75%
lee jones 25%

aspire eco energy limited directors

Aspire Eco Energy Limited currently has 2 directors. The longest serving directors include Mr Leigh Myers (Oct 2010) and Mr Lee Jones (Dec 2024).

officercountryagestartendrole
Mr Leigh Myers54 years Oct 2010- Director
Mr Lee Jones46 years Dec 2024- Director

P&L

April 2024

turnover

243.7k

+67%

operating profit

63.5k

0%

gross margin

26.6%

-0.05%

turnover

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

Balance Sheet

April 2024

net assets

4.6k

-1.11%

total assets

101.5k

+0.98%

cash

17.6k

+2.37%

net assets

Total assets minus all liabilities

aspire eco energy limited company details

company number

07401037

Type

Private limited with Share Capital

industry

43290 - Other construction installation

43210 - Electrical installation

incorporation date

October 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

aspire solar limited (July 2012)

accountant

-

auditor

-

address

unit 34 wingfield view, clay cross, chesterfield, derbyshire, S45 9JW

Bank

-

Legal Advisor

-

aspire eco 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 aspire eco energy limited.

aspire eco 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.

Click to start generating capital raising & share issue transactions for ASPIRE ECO ENERGY LIMITED. This can take several minutes, an email will notify you when this has completed.

aspire eco energy limited Companies House Filings - See Documents

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