thrive renewables (march) limited
thrive renewables (march) limited Company Information
Company Number
07893669
Website
wind-direct.co.ukRegistered Address
c/o thrive renewables plc, deanery road, bristol, BS1 5AS
Industry
Production of electricity
Telephone
01174281850
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
thrives renewables (cambridge) ltd 100%
thrive renewables (march) limited Estimated Valuation
Pomanda estimates the enterprise value of THRIVE RENEWABLES (MARCH) LIMITED at £2.1m based on a Turnover of £1.3m and 1.53x industry multiple (adjusted for size and gross margin).
thrive renewables (march) limited Estimated Valuation
Pomanda estimates the enterprise value of THRIVE RENEWABLES (MARCH) LIMITED at £4.9m based on an EBITDA of £1.1m and a 4.51x industry multiple (adjusted for size and gross margin).
thrive renewables (march) limited Estimated Valuation
Pomanda estimates the enterprise value of THRIVE RENEWABLES (MARCH) LIMITED at £2m based on Net Assets of £681.7k and 2.88x industry multiple (adjusted for liquidity).
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Thrive Renewables (march) Limited Overview
Thrive Renewables (march) Limited is a live company located in bristol, BS1 5AS with a Companies House number of 07893669. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2011, it's largest shareholder is thrives renewables (cambridge) ltd with a 100% stake. Thrive Renewables (march) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Thrive Renewables (march) Limited Health Check
Pomanda's financial health check has awarded Thrive Renewables (March) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.8m)
£1.3m - Thrive Renewables (march) Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (11.2%)
22% - Thrive Renewables (march) Limited
11.2% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (73.2%)
72% - Thrive Renewables (march) Limited
73.2% - Industry AVG
Profitability
an operating margin of 66.4% make it more profitable than the average company (51.6%)
66.4% - Thrive Renewables (march) Limited
51.6% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
- Thrive Renewables (march) Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Thrive Renewables (march) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £447.3k, this is equally as efficient (£461.2k)
- Thrive Renewables (march) Limited
£461.2k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (16 days)
97 days - Thrive Renewables (march) Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (21 days)
27 days - Thrive Renewables (march) Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thrive Renewables (march) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is more cash available to meet short term requirements (9 weeks)
11 weeks - Thrive Renewables (march) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a similar level of debt than the average (89.5%)
81.6% - Thrive Renewables (march) Limited
89.5% - Industry AVG
THRIVE RENEWABLES (MARCH) LIMITED financials
Thrive Renewables (March) Limited's latest turnover from December 2023 is £1.3 million and the company has net assets of £681.7 thousand. According to their latest financial statements, we estimate that Thrive Renewables (March) Limited has 3 employees and maintains cash reserves of £130.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,341,783 | 658,490 | 504,001 | 743,403 | 638,702 | 551,364 | 637,419 | 661,467 | 746,542 | 95,418 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 375,398 | 323,459 | 218,383 | 384,537 | 316,365 | 326,269 | 344,507 | 236,233 | 232,482 | 10,966 | ||
| Gross Profit | 966,385 | 335,031 | 285,618 | 358,866 | 322,337 | 225,095 | 292,912 | 425,234 | 514,060 | 84,452 | ||
| Admin Expenses | 76,098 | 70,731 | -5,471 | 27,061 | 88,540 | 30,340 | 91,346 | 68,161 | 48,985 | 310,084 | ||
| Operating Profit | 890,287 | 264,300 | 291,089 | 331,805 | 233,797 | 194,755 | 201,566 | 357,073 | 465,075 | -225,632 | ||
| Interest Payable | 78,958 | 80,411 | 1,000 | 0 | 144,114 | 190,485 | 199,976 | 328,594 | 194,443 | 4,378 | ||
| Interest Receivable | 1,895 | 571 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 13 | ||
| Pre-Tax Profit | 813,224 | 184,460 | 290,089 | 331,805 | 89,683 | 68,850 | 60,381 | 28,479 | 354,081 | -161,297 | ||
| Tax | -200,719 | -60,960 | -121,973 | -95,015 | -22,770 | -17,779 | -18,039 | -3,100 | -69,945 | 32,193 | ||
| Profit After Tax | 612,505 | 123,500 | 168,116 | 236,790 | 66,913 | 51,071 | 42,342 | 25,379 | 284,136 | -129,104 | ||
| Dividends Paid | 0 | 300,000 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 612,505 | -176,500 | -331,884 | 236,790 | 66,913 | 51,071 | 42,342 | 25,379 | 284,136 | -129,104 | ||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | ||||||||||||
| EBITDA* | 1,094,664 | 462,603 | 489,391 | 530,108 | 432,099 | 396,280 | 400,843 | 558,704 | 656,075 | -218,792 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,327,796 | 2,487,987 | 2,570,870 | 2,769,172 | 2,967,475 | 3,165,777 | 3,346,073 | 3,525,350 | 3,622,874 | 3,621,174 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 41,035 | 28,855 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,368,831 | 2,516,842 | 2,570,870 | 2,769,172 | 2,967,475 | 3,165,777 | 3,346,073 | 3,525,350 | 3,622,874 | 3,621,174 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 358,958 | 115,211 | 22,718 | 21,141 | 62,061 | 132,707 | 139,210 | 36,336 | 0 | 0 | 0 | 0 |
| Group Debtors | 477,170 | 15,922 | 91,131 | 91,131 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 377,135 | 234,636 | 289,172 | 165,307 | 262,027 | 207,699 | 151,832 | 249,892 | 689,688 | 495,762 | 0 | 0 |
| Cash | 130,218 | 196,290 | 2,836,006 | 317,601 | 130,396 | 361,917 | 420,288 | 832,690 | 274,998 | 181,759 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,343,481 | 562,059 | 3,239,027 | 595,180 | 454,484 | 702,323 | 711,330 | 1,118,918 | 964,686 | 677,521 | 0 | 0 |
| total assets | 3,712,312 | 3,078,901 | 5,809,897 | 3,364,352 | 3,421,959 | 3,868,100 | 4,057,403 | 4,644,268 | 4,587,560 | 4,298,695 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 126,727 | 116,466 | 119,184 | 0 | 0 | 0 | 0 |
| Bank loan | 245,027 | 237,879 | 230,616 | 0 | 0 | 0 | 0 | 0 | 148,296 | 120,487 | 0 | 0 |
| Trade Creditors | 27,862 | 20,020 | 12,745 | 11,146 | 9,625 | 2,103 | 11,062 | 1,126 | 3,454 | 68,078 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 2,454,153 | 2,358,396 | 2,805,721 | 550,848 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 123,988 | 199,100 | 270,252 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 304,027 | 97,652 | 130,163 | 171,835 | 75,286 | 111,980 | 89,319 | 92,789 | 276,455 | 245,758 | 0 | 0 |
| total current liabilities | 576,916 | 355,551 | 2,827,677 | 2,541,377 | 2,890,632 | 915,646 | 415,947 | 483,351 | 428,205 | 434,323 | 0 | 0 |
| loans | 1,948,428 | 2,193,455 | 2,431,334 | 0 | 0 | 2,510,810 | 3,283,582 | 3,867,984 | 3,930,084 | 3,993,466 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 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 | 505,310 | 460,742 | 305,233 | 245,438 | 190,580 | 167,810 | 135,111 | 112,512 | 74,229 | 0 | 0 | 0 |
| total long term liabilities | 2,453,738 | 2,654,197 | 2,736,567 | 245,438 | 190,580 | 2,678,620 | 3,418,693 | 3,980,496 | 4,004,313 | 3,993,466 | 0 | 0 |
| total liabilities | 3,030,654 | 3,009,748 | 5,564,244 | 2,786,815 | 3,081,212 | 3,594,266 | 3,834,640 | 4,463,847 | 4,432,518 | 4,427,789 | 0 | 0 |
| net assets | 681,658 | 69,153 | 245,653 | 577,537 | 340,747 | 273,834 | 222,763 | 180,421 | 155,042 | -129,094 | 0 | 0 |
| total shareholders funds | 681,658 | 69,153 | 245,653 | 577,537 | 340,747 | 273,834 | 222,763 | 180,421 | 155,042 | -129,094 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 890,287 | 264,300 | 291,089 | 331,805 | 233,797 | 194,755 | 201,566 | 357,073 | 465,075 | -225,632 | ||
| Depreciation | 204,377 | 198,303 | 198,302 | 198,303 | 198,302 | 201,525 | 199,277 | 201,631 | 191,000 | 6,840 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -200,719 | -60,960 | -121,973 | -95,015 | -22,770 | -17,779 | -18,039 | -3,100 | -69,945 | 32,193 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 847,494 | -37,252 | 125,442 | -46,509 | -16,318 | 49,364 | 4,814 | -403,460 | 193,926 | 495,762 | 0 | 0 |
| Creditors | 7,842 | 7,275 | 1,599 | 1,521 | 7,522 | -8,959 | 9,936 | -2,328 | -64,624 | 68,078 | 0 | 0 |
| Accruals and Deferred Income | 206,375 | -32,511 | -41,672 | 96,549 | -36,694 | 22,661 | -3,470 | -183,666 | 30,697 | 245,758 | 0 | 0 |
| Deferred Taxes & Provisions | 44,568 | 155,509 | 59,795 | 54,858 | 22,770 | 32,699 | 22,599 | 38,283 | 74,229 | 0 | 0 | 0 |
| Cash flow from operations | 305,236 | 569,168 | 261,698 | 634,530 | 419,245 | 375,538 | 407,055 | 811,353 | 432,506 | -368,525 | ||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 12,180 | 28,855 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 7,148 | 7,263 | 230,616 | 0 | 0 | 0 | 0 | -148,296 | 27,809 | 120,487 | 0 | 0 |
| Group/Directors Accounts | 0 | -2,454,153 | 95,757 | -447,325 | 2,254,873 | 550,848 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -123,988 | -75,112 | -71,152 | 270,252 | 0 | 0 | 0 | 0 |
| Long term loans | -245,027 | -237,879 | 2,431,334 | 0 | -2,510,810 | -772,772 | -584,402 | -62,100 | -63,382 | 3,993,466 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 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 | -77,063 | -79,840 | -1,000 | 0 | -144,114 | -190,485 | -199,976 | -328,594 | -194,403 | -4,365 | ||
| cash flow from financing | -314,942 | -2,764,609 | 2,756,707 | -447,325 | -524,039 | -487,521 | -855,530 | -268,738 | -229,976 | 4,109,598 | ||
| cash and cash equivalents | ||||||||||||
| cash | -66,072 | -2,639,716 | 2,518,405 | 187,205 | -231,521 | -58,371 | -412,402 | 557,692 | 93,239 | 181,759 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | -126,727 | 10,261 | -2,718 | 119,184 | 0 | 0 | 0 | 0 |
| change in cash | -66,072 | -2,639,716 | 2,518,405 | 187,205 | -104,794 | -68,632 | -409,684 | 438,508 | 93,239 | 181,759 | 0 | 0 |
thrive renewables (march) limited Credit Report and Business Information
Thrive Renewables (march) Limited Competitor Analysis
Perform a competitor analysis for thrive renewables (march) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
thrive renewables (march) limited Ownership
THRIVE RENEWABLES (MARCH) LIMITED group structure
Thrive Renewables (March) Limited has no subsidiary companies.
Ultimate parent company
2 parents
THRIVE RENEWABLES (MARCH) LIMITED
07893669
thrive renewables (march) limited directors
Thrive Renewables (March) Limited currently has 4 directors. The longest serving directors include Mr Matthew Clayton (Nov 2013) and Mrs Katrina Cross (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Clayton | United Kingdom | 48 years | Nov 2013 | - | Director |
| Mrs Katrina Cross | United Kingdom | 52 years | Nov 2013 | - | Director |
| Ms Monika Paplaczyk | England | 44 years | Aug 2015 | - | Director |
| Miss Monika Paplaczyk | 44 years | Aug 2015 | - | Director |
P&L
December 2023turnover
1.3m
+104%
operating profit
890.3k
+237%
gross margin
72.1%
+41.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
681.7k
+8.86%
total assets
3.7m
+0.21%
cash
130.2k
-0.34%
net assets
Total assets minus all liabilities
thrive renewables (march) limited company details
company number
07893669
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
December 2011
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
triodos renewables (march) limited (March 2016)
march wind direct limited (December 2013)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o thrive renewables plc, deanery road, bristol, BS1 5AS
Bank
TRIODOSBANK NV
Legal Advisor
TLT SOLICITORS LLP
thrive renewables (march) 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 4 charges/mortgages relating to thrive renewables (march) limited. Currently there are 3 open charges and 1 have been satisfied in the past.
thrive renewables (march) limited Companies House Filings - See Documents
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