renewable energy solutions services ltd
renewable energy solutions services ltd Company Information
Company Number
07918994
Next Accounts
Sep 2025
Directors
Shareholders
mr henry hugo humphrey sykes
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
westminster house, 10 westminster road, macclesfield, cheshire, SK10 1BX
Website
solarfair.co.ukrenewable energy solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SOLUTIONS SERVICES LTD at £704.2k based on a Turnover of £1.4m and 0.5x industry multiple (adjusted for size and gross margin).
renewable energy solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SOLUTIONS SERVICES LTD at £0 based on an EBITDA of £-1.2k and a 3.31x industry multiple (adjusted for size and gross margin).
renewable energy solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SOLUTIONS SERVICES LTD at £5.5k based on Net Assets of £2.3k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Renewable Energy Solutions Services Ltd Overview
Renewable Energy Solutions Services Ltd is a live company located in macclesfield, SK10 1BX with a Companies House number of 07918994. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 2012, it's largest shareholder is mr henry hugo humphrey sykes with a 100% stake. Renewable Energy Solutions Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Renewable Energy Solutions Services Ltd Health Check
Pomanda's financial health check has awarded Renewable Energy Solutions Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£2.9m)
- Renewable Energy Solutions Services Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 102%, show it is growing at a faster rate (7.2%)
- Renewable Energy Solutions Services Ltd
7.2% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (44.9%)
- Renewable Energy Solutions Services Ltd
44.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.6%)
- Renewable Energy Solutions Services Ltd
5.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (23)
8 - Renewable Energy Solutions Services Ltd
23 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Renewable Energy Solutions Services Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £177.5k, this is more efficient (£126.3k)
- Renewable Energy Solutions Services Ltd
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (56 days)
- Renewable Energy Solutions Services Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 262 days, this is slower than average (31 days)
- Renewable Energy Solutions Services Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (30 days)
- Renewable Energy Solutions Services Ltd
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (25 weeks)
4 weeks - Renewable Energy Solutions Services Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (53.3%)
99.7% - Renewable Energy Solutions Services Ltd
53.3% - Industry AVG
RENEWABLE ENERGY SOLUTIONS SERVICES LTD financials
Renewable Energy Solutions Services Ltd's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of £2.3 thousand. According to their latest financial statements, Renewable Energy Solutions Services Ltd has 8 employees and maintains cash reserves of £69.8 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 | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | 25,885 | 29,392 | ||||||||||
| Number Of Employees | 8 | 7 | 6 | 6 | 7 | 3 | 2 | 2 | 2 | |||
| EBITDA* |
* 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 | 153,516 | 1,571 | 3,456 | 5,341 | ||||||||
| Intangible Assets | 27,091 | |||||||||||
| Investments & Other | 22,150 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 202,757 | 1,571 | 3,456 | 5,341 | ||||||||
| Stock & work in progress | 5,874 | 7,900 | ||||||||||
| Trade Debtors | 498,779 | 7,327 | 7,595 | 14,095 | 33,449 | 5,062 | 20,132 | 2,520 | ||||
| Group Debtors | ||||||||||||
| Misc Debtors | 23,372 | 16,878 | 1,650 | 9,457 | ||||||||
| Cash | 69,810 | 53,915 | 48,453 | 36,039 | 178,588 | 98,835 | 24,183 | 115,002 | 33,321 | 44,716 | 135,162 | 307,712 |
| misc current assets | ||||||||||||
| total current assets | 574,463 | 69,142 | 56,048 | 50,134 | 212,037 | 122,207 | 41,061 | 116,652 | 42,778 | 49,778 | 155,294 | 310,232 |
| total assets | 777,220 | 69,142 | 57,619 | 53,590 | 217,378 | 122,207 | 41,061 | 116,652 | 42,778 | 49,778 | 155,294 | 310,232 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 774,871 | 68,322 | 28,764 | 30,916 | 220,315 | 126,713 | 10,113 | 9,684 | 11,147 | 22,415 | 187,043 | 336,254 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 26,946 | 120,028 | 8,839 | |||||||||
| total current liabilities | 774,871 | 68,322 | 28,764 | 30,916 | 220,315 | 126,713 | 37,059 | 129,712 | 19,986 | 22,415 | 187,043 | 336,254 |
| loans | 70,514 | |||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 35,184 | 24,365 | 30,435 | |||||||||
| provisions | ||||||||||||
| total long term liabilities | 35,184 | 24,365 | 30,435 | 70,514 | ||||||||
| total liabilities | 774,871 | 68,322 | 63,948 | 55,281 | 220,315 | 126,713 | 37,059 | 129,712 | 50,421 | 92,929 | 187,043 | 336,254 |
| net assets | 2,349 | 820 | -6,329 | -1,691 | -2,937 | -4,506 | 4,002 | -13,060 | -7,643 | -43,151 | -31,749 | -26,022 |
| total shareholders funds | 2,349 | 820 | -6,329 | -1,691 | -2,937 | -4,506 | 4,002 | -13,060 | -7,643 | -43,151 | -31,749 | -26,022 |
| 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 | ||||||||||||
| Depreciation | 1,571 | 1,885 | 1,885 | 314 | ||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -2,026 | 7,900 | ||||||||||
| Debtors | 491,452 | -268 | -6,500 | -19,354 | 10,077 | 6,494 | 15,228 | -7,807 | 4,395 | -15,070 | 17,612 | 2,520 |
| Creditors | 706,549 | 39,558 | -2,152 | -189,399 | 93,602 | 116,600 | 429 | -1,463 | -11,268 | -164,628 | -149,211 | 336,254 |
| Accruals and Deferred Income | -26,946 | -93,082 | 111,189 | 8,839 | ||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 22,150 | |||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -70,514 | 70,514 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -35,184 | 10,819 | 24,365 | -30,435 | 30,435 | |||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 15,895 | 5,462 | 12,414 | -142,549 | 79,753 | 74,652 | -90,819 | 81,681 | -11,395 | -90,446 | -172,550 | 307,712 |
| overdraft | ||||||||||||
| change in cash | 15,895 | 5,462 | 12,414 | -142,549 | 79,753 | 74,652 | -90,819 | 81,681 | -11,395 | -90,446 | -172,550 | 307,712 |
renewable energy solutions services ltd Credit Report and Business Information
Renewable Energy Solutions Services Ltd Competitor Analysis
Perform a competitor analysis for renewable energy solutions services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SK10 area or any other competitors across 12 key performance metrics.
renewable energy solutions services ltd Ownership
RENEWABLE ENERGY SOLUTIONS SERVICES LTD group structure
Renewable Energy Solutions Services Ltd has no subsidiary companies.
Ultimate parent company
RENEWABLE ENERGY SOLUTIONS SERVICES LTD
07918994
renewable energy solutions services ltd directors
Renewable Energy Solutions Services Ltd currently has 1 director, Mr Graham Bell serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Bell | 63 years | Apr 2015 | - | Director |
P&L
December 2023turnover
1.4m
+623%
operating profit
-1.2k
0%
gross margin
24.2%
+2.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.3k
+1.86%
total assets
777.2k
+10.24%
cash
69.8k
+0.29%
net assets
Total assets minus all liabilities
renewable energy solutions services ltd company details
company number
07918994
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
January 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
solarfair limited (September 2017)
accountant
-
auditor
-
address
westminster house, 10 westminster road, macclesfield, cheshire, SK10 1BX
Bank
-
Legal Advisor
-
renewable energy solutions services 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 did not find charges/mortgages relating to renewable energy solutions services ltd.
renewable energy solutions services ltd 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 RENEWABLE ENERGY SOLUTIONS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
renewable energy solutions services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
