gridserve emea depc ltd
gridserve emea depc ltd Company Information
Company Number
07471644
Website
http://gridserze.comRegistered Address
thorney weir house, thorney mill lane, iver, buckinghamshire, SL0 9AQ
Industry
Production of electricity
Telephone
01895431543
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gridserve emea ltd 100%
gridserve emea depc ltd Estimated Valuation
The estimated valuation range for gridserve emea depc ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £56m
gridserve emea depc ltd Estimated Valuation
The estimated valuation range for gridserve emea depc ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £56m
gridserve emea depc ltd Estimated Valuation
The estimated valuation range for gridserve emea depc ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £56m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Gridserve Emea Depc Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Gridserve Emea Depc Ltd Overview
Gridserve Emea Depc Ltd is a live company located in iver, SL0 9AQ with a Companies House number of 07471644. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2010, it's largest shareholder is gridserve emea ltd with a 100% stake. Gridserve Emea Depc Ltd is a established, large sized company, Pomanda has estimated its turnover at £35.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gridserve Emea Depc Ltd Health Check
Pomanda's financial health check has awarded Gridserve Emea Depc Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £35.4m, make it larger than the average company (£1.3m)
£35.4m - Gridserve Emea Depc Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.9%)
-12% - Gridserve Emea Depc Ltd
4.9% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (70.5%)
11.5% - Gridserve Emea Depc Ltd
70.5% - Industry AVG
Profitability
an operating margin of -69.3% make it less profitable than the average company (45.7%)
-69.3% - Gridserve Emea Depc Ltd
45.7% - Industry AVG
Employees
with 170 employees, this is above the industry average (3)
170 - Gridserve Emea Depc Ltd
3 - Industry AVG
Pay Structure
on an average salary of £81.2k, the company has an equivalent pay structure (£72.2k)
£81.2k - Gridserve Emea Depc Ltd
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £208.3k, this is less efficient (£316k)
£208.3k - Gridserve Emea Depc Ltd
£316k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gridserve Emea Depc Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (22 days)
50 days - Gridserve Emea Depc Ltd
22 days - Industry AVG
Stock Days
it holds stock equivalent to 274 days, this is more than average (18 days)
274 days - Gridserve Emea Depc Ltd
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Gridserve Emea Depc Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145%, this is a higher level of debt than the average (94.7%)
145% - Gridserve Emea Depc Ltd
94.7% - Industry AVG
gridserve emea depc ltd Credit Report and Business Information
Gridserve Emea Depc Ltd Competitor Analysis
Perform a competitor analysis for gridserve emea depc ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gridserve emea depc ltd Ownership
GRIDSERVE EMEA DEPC LTD group structure
Gridserve Emea Depc Ltd has no subsidiary companies.
Ultimate parent company
2 parents
GRIDSERVE EMEA DEPC LTD
07471644
gridserve emea depc ltd directors
Gridserve Emea Depc Ltd currently has 4 directors. The longest serving directors include Mr Toddington Harper (Dec 2010) and Mr Jeremy Cross (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Toddington Harper | England | 45 years | Dec 2010 | - | Director |
| Mr Jeremy Cross | United Kingdom | 40 years | Sep 2017 | - | Director |
| Mr Nick Gilman | United Kingdom | 56 years | May 2019 | - | Director |
| Mr Darren Cruickshank | England | 49 years | Mar 2021 | - | Director |
GRIDSERVE EMEA DEPC LTD financials
Gridserve Emea Depc Ltd's latest turnover from December 2022 is £35.4 million and the company has net assets of -£39.7 million. According to their latest financial statements, Gridserve Emea Depc Ltd has 170 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,413,669 | 53,084,531 | 17,728,340 | 52,829,543 | 292,139 | 10,500 | 0 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 31,328,648 | 43,696,788 | 16,449,886 | 44,611,948 | 330,581 | 13,035 | 0 | |||||
| Gross Profit | 4,085,021 | 9,387,743 | 1,278,454 | 8,217,595 | -38,442 | -2,535 | 0 | |||||
| Admin Expenses | 2,224,153 | 4,707,057 | 2,573,514 | -2,062,278 | 20,179 | |||||||
| Operating Profit | -945,699 | 3,510,538 | -2,611,956 | 2,059,743 | -20,179 | |||||||
| Interest Payable | 211,221 | 159,498 | 1,849,043 | 40,359 | 49,363 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 32 | |||||
| Pre-Tax Profit | -25,801,650 | -5,681,788 | -2,794,742 | 3,470,179 | -2,661,319 | 2,059,743 | 129,793 | |||||
| Tax | 1,123,790 | 0 | 209,292 | 200,000 | 222,002 | 0 | 0 | |||||
| Profit After Tax | -24,677,860 | -5,681,788 | -2,585,450 | 3,670,179 | -2,439,317 | 2,059,743 | 129,793 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 2,125,308 | 0 | |||||
| Retained Profit | -24,677,860 | -5,681,788 | -2,585,450 | 3,670,179 | -2,439,317 | -65,565 | 129,793 | |||||
| Employee Costs | 13,802,095 | 8,258,998 | 4,302,455 | 3,231,888 | 1,412,498 | |||||||
| Number Of Employees | 170 | 93 | 47 | 29 | 15 | 2 | 2 | |||||
| EBITDA* | -854,930 | 3,527,913 | -2,601,968 | 2,059,743 | -20,179 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,120,979 | 1,053,382 | 93,219 | 36,168 | 20,124 | 21,647 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1,064,838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 4,900 | 4,900 | 4,900 | 4,900 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,120,979 | 1,053,382 | 1,158,057 | 36,168 | 21,124 | 22,647 | 1,000 | 4,900 | 4,900 | 4,900 | 4,900 | 0 |
| Stock & work in progress | 23,585,682 | 16,837,055 | 2,594,188 | 1,393,965 | 236,374 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 | 0 |
| Group Debtors | 46,136,978 | 40,633,882 | 14,173,061 | 5,194,865 | 485,517 | 38,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,550,188 | 3,207,475 | 629,748 | 4,642,042 | 362,613 | 404,354 | 82,596 | 78,250 | 0 | 0 | 0 | 0 |
| Cash | 3,878,308 | 5,944,320 | 9,022,387 | 5,275,076 | 27,778 | 1,657 | 99,973 | 48,750 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 87,151,156 | 66,622,732 | 26,419,384 | 16,505,948 | 1,112,282 | 444,811 | 182,569 | 127,000 | 100 | 100 | 100 | 0 |
| total assets | 88,272,135 | 67,676,114 | 27,577,441 | 16,542,116 | 1,133,406 | 467,458 | 183,569 | 131,900 | 5,000 | 5,000 | 5,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,313,096 | 17,085,505 | 2,433,038 | 1,842,389 | 205,256 | 204,290 | 32,883 | 14,226 | 19,495 | 1,920 | 960 | 0 |
| Group/Directors Accounts | 104,787,060 | 53,412,400 | 23,001,995 | 7,642,367 | 3,071,517 | 393,863 | 97,503 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 136,893 | 71,805 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 299,604 | 151,886 | 13,510 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 16,022,600 | 7,322,570 | 3,895,982 | 6,287,406 | 756,858 | 360,213 | 3,450 | 2,376 | 0 | 0 | 0 | 0 |
| total current liabilities | 125,559,253 | 78,044,166 | 29,344,525 | 15,772,162 | 4,033,631 | 958,366 | 133,836 | 16,602 | 19,495 | 1,920 | 960 | 0 |
| loans | 1,924,854 | 4,089,617 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 491,955 | 568,398 | 48,412 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,416,809 | 4,658,015 | 48,412 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 127,976,062 | 82,702,181 | 29,392,937 | 15,772,162 | 4,033,631 | 958,366 | 133,836 | 16,602 | 19,495 | 1,920 | 960 | 0 |
| net assets | -39,703,927 | -15,026,067 | -1,815,496 | 769,954 | -2,900,225 | -490,908 | 49,733 | 115,298 | -14,495 | 3,080 | 4,040 | 0 |
| total shareholders funds | -39,703,927 | -15,026,067 | -1,815,496 | 769,954 | -2,900,225 | -490,908 | 49,733 | 115,298 | -14,495 | 3,080 | 4,040 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -945,699 | 3,510,538 | -2,611,956 | 2,059,743 | -20,179 | |||||||
| Depreciation | 361,009 | 224,734 | 40,032 | 17,375 | 9,988 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 50,737 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 1,123,790 | 0 | 209,292 | 200,000 | 222,002 | 0 | 0 | |||||
| Stock | 6,748,627 | 14,242,867 | 1,200,223 | 1,157,591 | 236,374 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,845,809 | 29,038,548 | 4,965,902 | 8,988,777 | 404,976 | 360,558 | 4,346 | 78,150 | 0 | 0 | 100 | 0 |
| Creditors | -12,772,409 | 14,652,467 | 590,649 | 1,637,133 | 966 | 171,407 | 18,657 | -5,269 | 17,575 | 960 | 960 | 0 |
| Accruals and Deferred Income | 8,700,030 | 3,426,588 | -2,391,424 | 5,530,548 | 396,645 | 356,763 | 1,074 | 2,376 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,612,538 | 749,226 | -2,623,705 | 2,075,128 | -101,222 | |||||||
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | -7,993 | |||||||||
| Change in Investments | 0 | 0 | 0 | -1,000 | 0 | 0 | -3,900 | 0 | 0 | 0 | 4,900 | 0 |
| cash flow from investments | 0 | 1,000 | -7,993 | |||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 51,374,660 | 30,410,405 | 15,359,628 | 4,570,850 | 2,677,654 | 296,360 | 97,503 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 65,088 | 71,805 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,164,763 | 4,089,617 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 71,275 | 658,362 | 61,922 | 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 |
| share issue | ||||||||||||
| interest | -211,221 | -159,498 | -1,849,043 | -40,359 | -49,363 | 0 | 32 | |||||
| cash flow from financing | 49,135,039 | 27,541,908 | 13,572,507 | 4,530,491 | 2,658,291 | 97,503 | 32 | |||||
| cash and cash equivalents | ||||||||||||
| cash | -2,066,012 | -3,078,067 | 3,747,311 | 5,247,298 | 26,121 | -98,316 | 51,223 | 48,750 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,066,012 | -3,078,067 | 3,747,311 | 5,247,298 | 26,121 | -98,316 | 51,223 | 48,750 | 0 | 0 | 0 | 0 |
P&L
December 2022turnover
35.4m
-33%
operating profit
-24.6m
0%
gross margin
11.6%
-34.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-39.7m
+1.64%
total assets
88.3m
+0.3%
cash
3.9m
-0.35%
net assets
Total assets minus all liabilities
gridserve emea depc ltd company details
company number
07471644
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
December 2010
age
14
accounts
Full Accounts
ultimate parent company
previous names
low carbon projects ltd (December 2017)
incorporated
UK
address
thorney weir house, thorney mill lane, iver, buckinghamshire, SL0 9AQ
last accounts submitted
December 2022
gridserve emea depc 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 gridserve emea depc ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
gridserve emea depc ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
