doggerbank offshore wind farm project 1 projco limited
doggerbank offshore wind farm project 1 projco limited Company Information
Company Number
07791991
Next Accounts
Dec 2025
Shareholders
doggerbank offshore wind farm project 1 holdco limited
Group Structure
View All
Industry
Site preparation
Registered Address
no.1 forbury place, 43 forbury road, reading, RG1 3JH
Website
sse.comdoggerbank offshore wind farm project 1 projco limited Estimated Valuation
Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED at £149.7k based on a Turnover of £500k and 0.3x industry multiple (adjusted for size and gross margin).
doggerbank offshore wind farm project 1 projco limited Estimated Valuation
Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED at £0 based on an EBITDA of £-2.7m and a 2.96x industry multiple (adjusted for size and gross margin).
doggerbank offshore wind farm project 1 projco limited Estimated Valuation
Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED at £984.6m based on Net Assets of £444.7m and 2.21x industry multiple (adjusted for liquidity).
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Doggerbank Offshore Wind Farm Project 1 Projco Limited Overview
Doggerbank Offshore Wind Farm Project 1 Projco Limited is a live company located in reading, RG1 3JH with a Companies House number of 07791991. It operates in the site preparation sector, SIC Code 43120. Founded in September 2011, it's largest shareholder is doggerbank offshore wind farm project 1 holdco limited with a 100% stake. Doggerbank Offshore Wind Farm Project 1 Projco Limited is a established, small sized company, Pomanda has estimated its turnover at £500k with unknown growth in recent years.
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Doggerbank Offshore Wind Farm Project 1 Projco Limited Health Check
Pomanda's financial health check has awarded Doggerbank Offshore Wind Farm Project 1 Projco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
4 Weak
Size
annual sales of £500k, make it smaller than the average company (£8.9m)
£500k - Doggerbank Offshore Wind Farm Project 1 Projco Limited
£8.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Doggerbank Offshore Wind Farm Project 1 Projco Limited
- - Industry AVG
Production
with a gross margin of 20%, this company has a comparable cost of product (21.2%)
20% - Doggerbank Offshore Wind Farm Project 1 Projco Limited
21.2% - Industry AVG
Profitability
an operating margin of -540% make it less profitable than the average company (6%)
-540% - Doggerbank Offshore Wind Farm Project 1 Projco Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (36)
- Doggerbank Offshore Wind Farm Project 1 Projco Limited
36 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Doggerbank Offshore Wind Farm Project 1 Projco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £250k, this is equally as efficient (£250.8k)
- Doggerbank Offshore Wind Farm Project 1 Projco Limited
£250.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Doggerbank Offshore Wind Farm Project 1 Projco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 12410 days, this is slower than average (37 days)
12410 days - Doggerbank Offshore Wind Farm Project 1 Projco Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Doggerbank Offshore Wind Farm Project 1 Projco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (17 weeks)
33 weeks - Doggerbank Offshore Wind Farm Project 1 Projco Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.4%, this is a higher level of debt than the average (61.3%)
86.4% - Doggerbank Offshore Wind Farm Project 1 Projco Limited
61.3% - Industry AVG
DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED financials
Doggerbank Offshore Wind Farm Project 1 Projco Limited's latest turnover from March 2024 is £500 thousand and the company has net assets of £444.7 million. According to their latest financial statements, we estimate that Doggerbank Offshore Wind Farm Project 1 Projco Limited has 2 employees and maintains cash reserves of £87.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 500,000 | |||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 400,000 | |||||||||||
| Gross Profit | 100,000 | |||||||||||
| Admin Expenses | 2,800,000 | 200,000 | ||||||||||
| Operating Profit | -2,700,000 | -200,000 | ||||||||||
| Interest Payable | 200,000 | 5,100,000 | 3,600,000 | 1,600,000 | ||||||||
| Interest Receivable | 400,000 | 300,000 | ||||||||||
| Pre-Tax Profit | -2,500,000 | 100,000 | -5,100,000 | -3,600,000 | -1,600,000 | -500,000 | ||||||
| Tax | ||||||||||||
| Profit After Tax | -2,500,000 | 100,000 | -5,100,000 | -3,600,000 | -1,600,000 | -500,000 | ||||||
| Dividends Paid | ||||||||||||
| Retained Profit | -2,500,000 | 100,000 | -5,100,000 | -3,600,000 | -1,600,000 | -500,000 | ||||||
| Employee Costs | ||||||||||||
| Number Of Employees | ||||||||||||
| EBITDA* | -2,700,000 | -200,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,955,900,000 | 2,120,900,000 | 1,589,300,000 | 929,700,000 | 24,700,000 | |||||||
| Intangible Assets | 132,800,000 | 101,900,000 | 109,900,000 | 42,400,000 | 29,400,000 | |||||||
| Investments & Other | 322,800,000 | 331,400,000 | 191,600,000 | 74,200,000 | 23,100,000 | |||||||
| Debtors (Due After 1 year) | 109,100,000 | 800,000 | ||||||||||
| Total Fixed Assets | 3,088,700,000 | 2,222,800,000 | 1,589,300,000 | 927,800,000 | 133,800,000 | 42,400,000 | 29,400,000 | |||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 11,600,000 | |||||||||||
| Group Debtors | 400,000 | 300,000 | 200,000 | 3,300,000 | 11,000,000 | |||||||
| Misc Debtors | 35,800,000 | 13,400,000 | 12,200,000 | 2,900,000 | 2,100,000 | 100,000 | ||||||
| Cash | 87,300,000 | 20,600,000 | 40,300,000 | 27,400,000 | 9,900,000 | 6,300,000 | ||||||
| misc current assets | 63,800,000 | 55,600,000 | 9,400,000 | |||||||||
| total current assets | 187,300,000 | 89,900,000 | 62,100,000 | 33,600,000 | 23,000,000 | 17,900,000 | 100,000 | |||||
| total assets | 3,276,000,000 | 2,312,700,000 | 1,651,400,000 | 961,400,000 | 156,800,000 | 60,300,000 | 29,500,000 | |||||
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 13,600,000 | 5,100,000 | 28,900,000 | 100,000 | ||||||||
| Group/Directors Accounts | ||||||||||||
| other short term finances | 41,300,000 | 39,300,000 | 47,500,000 | 2,200,000 | 111,500,000 | |||||||
| hp & lease commitments | 4,500,000 | 7,100,000 | 2,000,000 | |||||||||
| other current liabilities | 76,300,000 | 38,100,000 | 82,100,000 | 26,100,000 | 19,500,000 | 5,600,000 | 8,500,000 | |||||
| total current liabilities | 135,700,000 | 89,600,000 | 160,500,000 | 28,300,000 | 131,000,000 | 5,700,000 | 3,800,000 | |||||
| loans | 5,135,200,000 | 3,726,900,000 | 2,680,400,000 | 1,801,800,000 | 27,400,000 | 51,100,000 | 23,000,000 | |||||
| hp & lease commitments | 135,800,000 | 96,800,000 | 80,200,000 | |||||||||
| Accruals and Deferred Income | 41,000,000 | |||||||||||
| other liabilities | ||||||||||||
| provisions | 255,400,000 | 180,000,000 | 75,800,000 | |||||||||
| total long term liabilities | 2,695,600,000 | 1,953,700,000 | 1,378,100,000 | 941,900,000 | 27,400,000 | 51,100,000 | 23,000,000 | |||||
| total liabilities | 2,831,300,000 | 2,043,300,000 | 1,538,600,000 | 970,200,000 | 158,400,000 | 56,800,000 | 26,800,000 | |||||
| net assets | 444,700,000 | 269,400,000 | 112,800,000 | -8,800,000 | -1,600,000 | 3,500,000 | 2,700,000 | |||||
| total shareholders funds | 444,700,000 | 269,400,000 | 112,800,000 | -8,800,000 | -1,600,000 | 3,500,000 | 2,700,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -2,700,000 | -200,000 | ||||||||||
| Depreciation | ||||||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | 22,500,000 | 1,300,000 | -102,900,000 | 101,400,000 | 2,300,000 | 11,500,000 | 100,000 | |||||
| Creditors | 8,500,000 | -23,800,000 | 28,900,000 | -100,000 | 100,000 | |||||||
| Accruals and Deferred Income | 38,200,000 | -44,000,000 | 15,000,000 | 47,600,000 | 13,900,000 | -2,900,000 | 8,500,000 | |||||
| Deferred Taxes & Provisions | 75,400,000 | 104,200,000 | 75,800,000 | |||||||||
| Cash flow from operations | 96,900,000 | 34,900,000 | 222,600,000 | -53,800,000 | 11,500,000 | -14,300,000 | 8,400,000 | |||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -8,600,000 | 139,800,000 | 117,400,000 | 51,100,000 | 23,100,000 | |||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | 2,000,000 | -8,200,000 | 45,300,000 | -109,300,000 | 111,500,000 | |||||||
| Long term loans | 1,408,300,000 | 1,046,500,000 | 878,600,000 | 1,774,400,000 | -23,700,000 | 28,100,000 | 23,000,000 | |||||
| Hire Purchase and Lease Commitments | 36,400,000 | 21,700,000 | 82,200,000 | |||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | 200,000 | 300,000 | -5,100,000 | -3,600,000 | -1,600,000 | |||||||
| cash flow from financing | 1,624,700,000 | 1,216,800,000 | 1,127,700,000 | 1,657,900,000 | 82,700,000 | 28,900,000 | 26,200,000 | |||||
| cash and cash equivalents | ||||||||||||
| cash | 66,700,000 | -19,700,000 | 12,900,000 | 17,500,000 | 3,600,000 | 6,300,000 | ||||||
| overdraft | ||||||||||||
| change in cash | 66,700,000 | -19,700,000 | 12,900,000 | 17,500,000 | 3,600,000 | 6,300,000 |
doggerbank offshore wind farm project 1 projco limited Credit Report and Business Information
Doggerbank Offshore Wind Farm Project 1 Projco Limited Competitor Analysis
Perform a competitor analysis for doggerbank offshore wind farm project 1 projco limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.
doggerbank offshore wind farm project 1 projco limited Ownership
DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED group structure
Doggerbank Offshore Wind Farm Project 1 Projco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED
07791991
1 subsidiary
doggerbank offshore wind farm project 1 projco limited directors
Doggerbank Offshore Wind Farm Project 1 Projco Limited currently has 12 directors. The longest serving directors include Mr Halfdan Brustad (Feb 2012) and Mr Paul Cooley (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Halfdan Brustad | 64 years | Feb 2012 | - | Director | |
| Mr Paul Cooley | 54 years | Oct 2019 | - | Director | |
| Mr Barry O'Regan | Ireland | 47 years | Jan 2020 | - | Director |
| Mr Anders Opaker | United Kingdom | 47 years | Apr 2020 | - | Director |
| Mr Annant Shah | United Kingdom | 42 years | Sep 2021 | - | Director |
| Mr Marcello Poidomani | Italy | 65 years | Dec 2021 | - | Director |
| Ms Trine Bojsen | 56 years | May 2022 | - | Director | |
| Kamala Hajiyeva | United Kingdom | 48 years | May 2023 | - | Director |
| Mr Stefano Sartirana | United Kingdom | 46 years | Jun 2023 | - | Director |
| Mr Steven Wilson | United Kingdom | 50 years | Jul 2023 | - | Director |
P&L
March 2024turnover
500k
0%
operating profit
-2.7m
+1250%
gross margin
20%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
444.7m
+0.65%
total assets
3.3b
+0.42%
cash
87.3m
+3.24%
net assets
Total assets minus all liabilities
doggerbank offshore wind farm project 1 projco limited company details
company number
07791991
Type
Private limited with Share Capital
industry
43120 - Site preparation
incorporation date
September 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
doggerbank project 1 bizco limited (August 2017)
accountant
-
auditor
ERNST & YOUNG LLP
address
no.1 forbury place, 43 forbury road, reading, RG1 3JH
Bank
-
Legal Advisor
-
doggerbank offshore wind farm project 1 projco 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 found 2 charges/mortgages relating to doggerbank offshore wind farm project 1 projco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
doggerbank offshore wind farm project 1 projco 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 DOGGERBANK OFFSHORE WIND FARM PROJECT 1 PROJCO LIMITED. This can take several minutes, an email will notify you when this has completed.
doggerbank offshore wind farm project 1 projco limited Companies House Filings - See Documents
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