east langford solar limited

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east langford solar limited Company Information

Share EAST LANGFORD SOLAR LIMITED

Company Number

07610799

Shareholders

european investments (cornwall) ltd

Group Structure

View All

Industry

Production of electricity

 

Registered Address

beaufort court egg farm lane, off station road, kings langley, hertfordshire, WD4 8LR

east langford solar limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of EAST LANGFORD SOLAR LIMITED at £5.1m based on a Turnover of £2.9m and 1.76x industry multiple (adjusted for size and gross margin).

east langford solar limited Estimated Valuation

£11.8m

Pomanda estimates the enterprise value of EAST LANGFORD SOLAR LIMITED at £11.8m based on an EBITDA of £2.4m and a 4.99x industry multiple (adjusted for size and gross margin).

east langford solar limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EAST LANGFORD SOLAR LIMITED at £0 based on Net Assets of £-626k and 2.63x industry multiple (adjusted for liquidity).

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East Langford Solar Limited Overview

East Langford Solar Limited is a live company located in kings langley, WD4 8LR with a Companies House number of 07610799. It operates in the production of electricity sector, SIC Code 35110. Founded in April 2011, it's largest shareholder is european investments (cornwall) ltd with a 100% stake. East Langford Solar Limited is a established, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.

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East Langford Solar Limited Health Check

Pomanda's financial health check has awarded East Langford Solar Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£1.8m)

£2.9m - East Langford Solar Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.8%)

16% - East Langford Solar Limited

10.8% - Industry AVG

production

Production

with a gross margin of 66.7%, this company has a comparable cost of product (71%)

66.7% - East Langford Solar Limited

71% - Industry AVG

profitability

Profitability

an operating margin of 65.9% make it more profitable than the average company (51.1%)

65.9% - East Langford Solar Limited

51.1% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (3)

7 - East Langford Solar Limited

3 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - East Langford Solar Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £413.4k, this is equally as efficient (£449.7k)

£413.4k - East Langford Solar Limited

£449.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - East Langford Solar Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (21 days)

10 days - East Langford Solar Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - East Langford Solar Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (9 weeks)

7 weeks - East Langford Solar Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 106.5%, this is a higher level of debt than the average (90%)

106.5% - East Langford Solar Limited

90% - Industry AVG

EAST LANGFORD SOLAR LIMITED financials

EXPORTms excel logo

East Langford Solar Limited's latest turnover from December 2023 is £2.9 million and the company has net assets of -£626 thousand. According to their latest financial statements, we estimate that East Langford Solar Limited has 7 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012
Turnover2,894,0002,728,0002,341,0001,855,9852,116,8782,190,8271,810,1281,984,2352,095,2992,117,3832,024,3191,232,2721,167,274
Other Income Or Grants
Cost Of Sales965,000920,000602,000802,867786,055880,201861,406709,737709,997688,467724,428456,928503,260
Gross Profit1,929,0001,808,0001,739,0001,053,1181,330,8231,310,626948,7221,274,4981,385,3021,428,9161,299,891775,344664,014
Admin Expenses21,000-106,000-10,000-245,325200,1341,182,925134,055139,406120,864132,942122,013101,631488,141
Operating Profit1,908,0001,914,0001,749,0001,298,4431,130,689127,701814,6671,135,0921,264,4381,295,9741,177,878673,713175,873
Interest Payable1,074,0001,162,0001,240,0001,212,9641,230,0971,269,5361,275,1651,308,9161,366,1141,389,2461,474,231933,156862,308
Interest Receivable12,000140731719
Pre-Tax Profit846,000752,000509,00085,479-99,4087,965-460,498-173,824-101,676-104,783-296,213-258,712-685,716
Tax-202,000-76,000-258,000-197,481-109,618-31,85765,60710,055-8,7689,85094,10466,114-7,528
Profit After Tax644,000676,000251,000-112,002-209,026-23,892-394,891-163,769-110,444-94,933-202,109-192,598-693,244
Dividends Paid
Retained Profit644,000676,000251,000-112,002-209,026-23,892-394,891-163,769-110,444-94,933-202,109-192,598-693,244
Employee Costs
Number Of Employees7997787666533
EBITDA*2,355,0002,368,0002,213,0001,843,7721,666,976660,4761,343,0711,673,8351,792,3371,791,7081,680,948978,211538,262

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012
Tangible Assets7,300,0007,717,0008,265,0008,865,3057,840,3008,339,5548,829,9809,311,2129,681,35710,064,54510,521,01610,751,78811,056,286
Intangible Assets524,000554,000584,000614,062654,145694,119734,093774,066821,293855,325894,588934,210960,877
Investments & Other
Debtors (Due After 1 year)87,959197,577229,434163,827153,772162,540
Total Fixed Assets7,824,0008,271,0008,849,0009,479,3678,582,4049,231,2509,793,50710,249,10510,656,42211,082,41011,415,60411,685,99812,017,163
Stock & work in progress33,00033,00032,85032,85026,01319,083
Trade Debtors12,22724,059976115,79436,73238,408
Group Debtors166,709
Misc Debtors525,000514,000376,000367,275206,797485,600261,219300,044280,622285,578424,720297,770502,258
Cash1,352,000759,0001,348,000309,092690,053426,417900,267475,069580,336725,151676,640424,94633,052
misc current assets
total current assets1,877,0001,306,0001,757,000875,926929,700950,2571,204,628775,210860,9581,010,7901,117,154759,448573,718
total assets9,701,0009,577,00010,606,00010,355,2939,512,10410,181,50710,998,13511,024,31511,517,38012,093,20012,532,75812,445,44612,590,881
Bank overdraft
Bank loan
Trade Creditors 29,000105,00090,00055,28694,73081,247144,1996,11888,11870,50147,8957,50069,895
Group/Directors Accounts9,400,00010,121,00011,647,00011,222,75710,772,75711,245,00811,533,69211,533,69211,956,337
other short term finances11,906,517
hp & lease commitments
other current liabilities349,000132,00070,000508,230138,285199,899652,557435,584350,429331,057651,788635,4381,245,065
total current liabilities9,778,00010,358,00011,807,00011,786,27311,005,77211,526,15412,330,44811,975,39412,394,884401,558699,683642,93813,221,477
loans12,575,21912,633,23012,633,230
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions549,000489,000745,000765,908591,218531,213519,655505,998415,804299,287287,77655,10062,628
total long term liabilities549,000489,000745,000765,908591,218531,213519,655505,998415,80412,874,50612,921,00612,688,33062,628
total liabilities10,327,00010,847,00012,552,00012,552,18111,596,99012,057,36712,850,10312,481,39212,810,68813,276,06413,620,68913,331,26813,284,105
net assets-626,000-1,270,000-1,946,000-2,196,888-2,084,886-1,875,860-1,851,968-1,457,077-1,293,308-1,182,864-1,087,931-885,822-693,224
total shareholders funds-626,000-1,270,000-1,946,000-2,196,888-2,084,886-1,875,860-1,851,968-1,457,077-1,293,308-1,182,864-1,087,931-885,822-693,224
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012
Operating Activities
Operating Profit1,908,0001,914,0001,749,0001,298,4431,130,689127,701814,6671,135,0921,264,4381,295,9741,177,878673,713175,873
Depreciation417,000424,000434,000505,246496,313492,801488,431491,517493,867456,471463,448304,498362,389
Amortisation30,00030,00030,00040,08339,97439,97439,97347,22634,03239,26339,622
Tax-202,000-76,000-258,000-197,481-109,618-31,85765,60710,055-8,7689,85094,10466,114-7,528
Stock-33,0001506,8376,93019,083
Debtors11,000138,000-157,984239,228-400,648180,69250,74429,574-13,7857,665106,012334,502540,666
Creditors-76,00015,00034,714-39,44413,483-62,952138,081-82,00017,61722,60640,3957,50069,895
Accruals and Deferred Income217,00062,000-438,230369,945-61,614-452,658216,97385,15519,372-320,73116,350635,4381,245,065
Deferred Taxes & Provisions60,000-256,000-20,908174,69060,00511,55813,65790,194116,51711,511232,67655,10062,628
Cash flow from operations2,376,0001,975,0001,688,4101,912,2541,963,043-63,0551,707,5621,747,6651,950,8601,507,2791,958,4611,407,8611,367,656
Investing Activities
capital expenditure124,000166,367-42,157-110,679-232,676-11,990,496-12,418,373
Change in Investments
cash flow from investments124,000166,367-42,157-110,679-232,676-11,990,496-12,418,373
Financing Activities
Bank loans
Group/Directors Accounts-721,000-1,526,000424,243450,000-472,251-288,684-422,64511,956,337
Other Short Term Loans 11,906,517
Long term loans-12,575,219-58,01112,633,230
Hire Purchase and Lease Commitments
other long term liabilities
share issue-112-693,22420
interest-1,062,000-1,162,000-1,240,000-1,212,964-1,230,097-1,269,536-1,275,165-1,308,916-1,366,114-1,389,246-1,474,091-932,425-861,589
cash flow from financing-1,783,000-2,688,000-815,869-762,964-1,702,348-1,558,220-1,275,165-1,731,561-1,984,996-1,447,257-1,474,09111,007,58111,044,948
cash and cash equivalents
cash593,000-589,0001,038,908-380,961263,636-473,850425,198-105,267-144,81548,511251,694424,94633,052
overdraft
change in cash593,000-589,0001,038,908-380,961263,636-473,850425,198-105,267-144,81548,511251,694424,94633,052

east langford solar 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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East Langford Solar Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for east langford solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in WD4 area or any other competitors across 12 key performance metrics.

east langford solar limited Ownership

EAST LANGFORD SOLAR LIMITED group structure

East Langford Solar Limited has no subsidiary companies.

Ultimate parent company

THE RENEWABLES INFRASTRUCTURE GROUP LTD

#0081176

2 parents

EAST LANGFORD SOLAR LIMITED

07610799

EAST LANGFORD SOLAR LIMITED Shareholders

european investments (cornwall) ltd 100%

east langford solar limited directors

East Langford Solar Limited currently has 4 directors. The longest serving directors include Ms Giorgia Martina (Oct 2020) and Mr John Crawford (May 2024).

officercountryagestartendrole
Ms Giorgia MartinaUnited Kingdom39 years Oct 2020- Director
Mr John CrawfordUnited Kingdom41 years May 2024- Director
Mr Richie CottonUnited Kingdom40 years May 2024- Director
Mr Stewart AndrewsUnited Kingdom44 years May 2024- Director

P&L

December 2023

turnover

2.9m

+6%

operating profit

1.9m

0%

gross margin

66.7%

+0.57%

turnover

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

Balance Sheet

December 2023

net assets

-626k

-0.51%

total assets

9.7m

+0.01%

cash

1.4m

+0.78%

net assets

Total assets minus all liabilities

east langford solar limited company details

company number

07610799

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

April 2011

age

14

incorporated

UK

ultimate parent company

THE RENEWABLES INFRASTRUCTURE GROUP LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

DELOITTE LLP

address

beaufort court egg farm lane, off station road, kings langley, hertfordshire, WD4 8LR

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

east langford 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 east langford solar limited.

east langford solar 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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east langford solar limited Companies House Filings - See Documents

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