corby solar limited

3.5

corby solar limited Company Information

Share CORBY SOLAR LIMITED
Live 
EstablishedMicroLow

Company Number

07696112

Registered Address

2nd floor 2 city place, beehive ring road, gatwick, west sussex, RH6 0PA

Industry

Production of electricity

 

Telephone

01536262193

Next Accounts Due

March 2025

Group Structure

View All

Directors

Kevin O'Connor0 Years

Shareholders

falcon solar farm limited 100%

corby solar limited Estimated Valuation

£290.5k

Pomanda estimates the enterprise value of CORBY SOLAR LIMITED at £290.5k based on a Turnover of £195k and 1.49x industry multiple (adjusted for size and gross margin).

corby solar limited Estimated Valuation

£486k

Pomanda estimates the enterprise value of CORBY SOLAR LIMITED at £486k based on an EBITDA of £114.1k and a 4.26x industry multiple (adjusted for size and gross margin).

corby solar limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of CORBY SOLAR LIMITED at £2.6m based on Net Assets of £2m and 1.29x industry multiple (adjusted for liquidity).

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Corby Solar Limited Overview

Corby Solar Limited is a live company located in gatwick, RH6 0PA with a Companies House number of 07696112. It operates in the production of electricity sector, SIC Code 35110. Founded in July 2011, it's largest shareholder is falcon solar farm limited with a 100% stake. Corby Solar Limited is a established, micro sized company, Pomanda has estimated its turnover at £195k with low growth in recent years.

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Corby Solar Limited Health Check

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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £195k, make it smaller than the average company (£1.5m)

£195k - Corby Solar Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.3%)

1% - Corby Solar Limited

8.3% - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - Corby Solar Limited

67.5% - Industry AVG

profitability

Profitability

an operating margin of 32% make it less profitable than the average company (49.1%)

32% - Corby Solar Limited

49.1% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Corby Solar Limited

2 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Corby Solar Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £97.5k, this is less efficient (£381.6k)

£97.5k - Corby Solar Limited

£381.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is near the average (14 days)

13 days - Corby Solar Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is slower than average (19 days)

26 days - Corby Solar Limited

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Corby Solar Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 237 weeks, this is more cash available to meet short term requirements (12 weeks)

237 weeks - Corby Solar Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.3%, this is a lower level of debt than the average (90.7%)

4.3% - Corby Solar Limited

90.7% - Industry AVG

CORBY SOLAR LIMITED financials

EXPORTms excel logo

Corby Solar Limited's latest turnover from June 2023 is £195 thousand and the company has net assets of £2 million. According to their latest financial statements, Corby Solar Limited has 2 employees and maintains cash reserves of £185 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover194,951172,897213,386188,560191,441152,993251,134182,293640,113547,676162,93053,148
Other Income Or Grants000000000000
Cost Of Sales63,29567,37996,02083,86683,61271,752125,53975,442314,700264,29383,15829,221
Gross Profit131,656105,518117,366104,694107,82981,241125,595106,851325,413283,38479,77223,927
Admin Expenses69,30958,86022,96654,50044,64458,75021,90154,087291,787300,86222,026-9,529
Operating Profit62,34746,65894,40050,19463,18522,491103,69452,76433,626-17,47857,74633,456
Interest Payable000008,7354,09603,4219908710
Interest Receivable77,44859,67747,68334,16521,76804543871,61097700
Pre-Tax Profit139,795106,335142,08384,35984,95313,756100,05253,15131,815-17,49143,38624,765
Tax4,8214,626-10,117-2,471-131-1,534-5,409-10,633-6,681000
Profit After Tax144,616110,961131,96681,88884,82212,22294,64342,51825,134-17,49143,38624,765
Dividends Paid000000000000
Retained Profit144,616110,961131,96681,88884,82212,22294,64342,51825,134-17,49143,38624,765
Employee Costs00000000103,471109,15556,25053,846
Number Of Employees211213312211
EBITDA*114,06698,378146,120101,914114,90474,210168,108104,29685,15734,053109,27758,456

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets686,895738,614790,334842,054893,774945,493997,2121,057,1611,108,6931,160,2241,211,7551,225,000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)00881,025683,341559,1760000000
Total Fixed Assets686,895738,6141,671,3591,525,3951,452,950945,493997,2121,057,1611,108,6931,160,2241,211,7551,225,000
Stock & work in progress000000000000
Trade Debtors7,00467,3473,49460,52462645,18149660,69757,08942,872034,595
Group Debtors1,234,0051,059,70209,07011,24553,064000000
Misc Debtors7,10716,88579,1806,97368,41413,06467,12334,3380028,68116,984
Cash185,046117,069132,180142,973117,950521,786597,286426,323381,429262,703128,1184,247
misc current assets000000000000
total current assets1,433,1621,261,003214,854219,540198,235633,095664,905521,358438,518305,575156,79955,826
total assets2,120,0571,999,6171,886,2131,744,9351,651,1851,578,5881,662,1171,578,5191,547,2111,465,7991,368,5541,280,826
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 4,58816,58915,59611,7399,68212,6471,3841,65576,19657,33800
Group/Directors Accounts04,6212,192000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities35,89538,75435,54742,52135,30444,81053,37959,0940019,9446,051
total current liabilities40,48359,96453,33554,26044,98657,45754,76360,74976,19657,33819,9446,051
loans000000100,090105,261105,261030,4490
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000107,79100
provisions50,13454,82959,01548,77846,19045,94444,29944,18739,950000
total long term liabilities50,13454,82959,01548,77846,19045,944144,389149,448145,211107,79130,4490
total liabilities90,617114,793112,350103,03891,176103,401199,152210,197221,407165,12950,3936,051
net assets2,029,4401,884,8241,773,8631,641,8971,560,0091,475,1871,462,9651,368,3221,325,8041,300,6701,318,1611,274,775
total shareholders funds2,029,4401,884,8241,773,8631,641,8971,560,0091,475,1871,462,9651,368,3221,325,8041,300,6701,318,1611,274,775
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit62,34746,65894,40050,19463,18522,491103,69452,76433,626-17,47857,74633,456
Depreciation51,71951,72051,72051,72051,71951,71964,41451,53251,53151,53151,53125,000
Amortisation000000000000
Tax4,8214,626-10,117-2,471-131-1,534-5,409-10,633-6,681000
Stock000000000000
Debtors104,182180,235203,791120,447528,15243,690-27,41637,94614,21714,191-22,89851,579
Creditors-12,0019933,8572,057-2,96511,263-271-74,54118,85857,33800
Accruals and Deferred Income-2,8593,207-6,9747,217-9,506-8,569-5,71559,0940-19,94413,8936,051
Deferred Taxes & Provisions-4,695-4,18610,2372,5882461,6451124,23739,950000
Cash flow from operations-4,850-77,217-60,668-9,142-425,60433,325184,24144,507123,06757,256146,06812,928
Investing Activities
capital expenditure0000000000-38,286-1,250,000
Change in Investments000000000000
cash flow from investments0000000000-38,286-1,250,000
Financing Activities
Bank loans000000000000
Group/Directors Accounts-4,6212,4292,192000000000
Other Short Term Loans 000000000000
Long term loans00000-100,090-5,1710105,261-30,44930,4490
Hire Purchase and Lease Commitments000000000000
other long term liabilities00000000-107,791107,79100
share issue000000000001,250,010
interest77,44859,67747,68334,16521,768-8,735-3,642387-1,811-13-87-10
cash flow from financing72,82762,10649,87534,16521,768-108,825-8,813387-4,34177,32930,3621,250,000
cash and cash equivalents
cash67,977-15,111-10,79325,023-403,836-75,500170,96344,894118,726134,585123,8714,247
overdraft000000000000
change in cash67,977-15,111-10,79325,023-403,836-75,500170,96344,894118,726134,585123,8714,247

corby 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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Corby Solar Limited Competitor Analysis

BETA
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Perform a competitor analysis for corby solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in RH6 area or any other competitors across 12 key performance metrics.

corby solar limited Ownership

CORBY SOLAR LIMITED group structure

Corby Solar Limited has no subsidiary companies.

Ultimate parent company

BLUEFIELD SOLAR INCOME FUND LTD

#0081159

2 parents

CORBY SOLAR LIMITED

07696112

CORBY SOLAR LIMITED Shareholders

falcon solar farm limited 100%

corby solar limited directors

Corby Solar Limited currently has 1 director, Mr Kevin O'Connor serving since Jul 2024.

officercountryagestartendrole
Mr Kevin O'ConnorUnited Kingdom43 years Jul 2024- Director

P&L

June 2023

turnover

195k

+13%

operating profit

62.3k

+34%

gross margin

67.6%

+10.66%

turnover

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

Balance Sheet

June 2023

net assets

2m

+0.08%

total assets

2.1m

+0.06%

cash

185k

+0.58%

net assets

Total assets minus all liabilities

corby solar limited company details

company number

07696112

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

July 2011

age

13

incorporated

UK

accounts

Full Accounts

ultimate parent company

BLUEFIELD SOLAR INCOME FUND LTD

previous names

solar photovoltaic (spv 1) limited (January 2017)

globerise ltd. (July 2011)

last accounts submitted

June 2023

address

2nd floor 2 city place, beehive ring road, gatwick, west sussex, RH6 0PA

accountant

-

auditor

KPMG CHANNEL ISLANDS LIMITED

corby 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 corby solar limited.

charges

corby solar limited Companies House Filings - See Documents

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