africa power ltd

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africa power ltd Company Information

Share AFRICA POWER LTD

Company Number

07935518

Shareholders

alaister livesey

irbaris nominees ltd

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Group Structure

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Industry

Distribution of electricity

 

Registered Address

unit 1 brook farm business park, horsham road, brook hill, cowfold, RH13 8AH

africa power ltd Estimated Valuation

£8.3m

Pomanda estimates the enterprise value of AFRICA POWER LTD at £8.3m based on a Turnover of £5.2m and 1.61x industry multiple (adjusted for size and gross margin).

africa power ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AFRICA POWER LTD at £0 based on an EBITDA of £-173.5k and a 4.53x industry multiple (adjusted for size and gross margin).

africa power ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AFRICA POWER LTD at £0 based on Net Assets of £-238.3k and 2.75x industry multiple (adjusted for liquidity).

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Africa Power Ltd Overview

Africa Power Ltd is a live company located in cowfold, RH13 8AH with a Companies House number of 07935518. It operates in the distribution of electricity sector, SIC Code 35130. Founded in February 2012, it's largest shareholder is alaister livesey with a 34.7% stake. Africa Power Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.2m with rapid growth in recent years.

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Africa Power Ltd Health Check

Pomanda's financial health check has awarded Africa Power Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £5.2m, make it in line with the average company (£5m)

£5.2m - Africa Power Ltd

£5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 138%, show it is growing at a faster rate (10.9%)

138% - Africa Power Ltd

10.9% - Industry AVG

production

Production

with a gross margin of 40%, this company has a comparable cost of product (40%)

40% - Africa Power Ltd

40% - Industry AVG

profitability

Profitability

an operating margin of -3.3% make it less profitable than the average company (23%)

-3.3% - Africa Power Ltd

23% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (72)

2 - Africa Power Ltd

72 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.1k, the company has an equivalent pay structure (£64.1k)

£64.1k - Africa Power Ltd

£64.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.6m, this is more efficient (£338.5k)

£2.6m - Africa Power Ltd

£338.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (28 days)

57 days - Africa Power Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (23 days)

7 days - Africa Power Ltd

23 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (4 days)

0 days - Africa Power Ltd

4 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)

0 weeks - Africa Power Ltd

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 125%, this is a higher level of debt than the average (79.6%)

125% - Africa Power Ltd

79.6% - Industry AVG

AFRICA POWER LTD financials

EXPORTms excel logo

Africa Power Ltd's latest turnover from February 2024 is estimated at £5.2 million and the company has net assets of -£238.3 thousand. According to their latest financial statements, Africa Power Ltd has 2 employees and maintains cash reserves of £18 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Turnover5,182,565611,8286,158,075386,6981,284,995849,672268,94070598,89647,993234126,380
Other Income Or Grants
Cost Of Sales3,109,539322,2643,213,691265,201815,165545,469120,33817,85343,59817379,433
Gross Profit2,073,026289,5642,944,384121,497469,830304,203148,602-17,14855,29847,9936146,947
Admin Expenses2,246,523256,0323,025,21177,079452,537289,16798,76130,92837,29834,5138,53967,566
Operating Profit-173,49733,532-80,82744,41817,29315,03649,841-48,07618,00013,480-8,478-20,619
Interest Payable61,3501,8951,6251,5255,8837,5243,915
Interest Receivable483688199452442912333
Pre-Tax Profit-234,36532,325-82,25342,93811,6547,80446,159-48,07618,00013,480-8,472-20,616
Tax-6,142-8,158-2,214-1,483-8,770478-478
Profit After Tax-234,36526,183-82,25334,7809,4406,32137,389-47,59817,52213,480-8,472-20,616
Dividends Paid
Retained Profit-234,36526,183-82,25334,7809,4406,32137,389-47,59817,52213,480-8,472-20,616
Employee Costs128,176128,640262,238120,54167,181164,76160,51459,25857,18754,218
Number Of Employees225213111111
EBITDA*-173,49733,532-80,82744,41817,68215,42550,230-48,07618,00013,480-8,478-20,619

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Tangible Assets389778
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets389778
Stock & work in progress2,5922,5922,59232,6761,73018,092
Trade Debtors819,356869,541156,746156,246
Group Debtors330,84987,298
Misc Debtors113,354782,408168,64828,36824,037420387
Cash17,98840733,97445,80745,18119,76057,92535,39331,55831,6649721,275
misc current assets
total current assets953,290785,407903,515545,304317,593202,63591,02137,51049,65031,6649721,275
total assets953,290785,407903,515545,304317,593203,02491,79937,51049,65031,6649721,275
Bank overdraft826,0086,667
Bank loan
Trade Creditors 65,03360,547151,11816,03248,80818,83939,95620,20112,031
Group/Directors Accounts48,0008,528
other short term finances
hp & lease commitments
other current liabilities73,803690,934124,01513,8352,0011,4991,4995,56013,624
total current liabilities964,844751,481151,118194,71462,64320,84041,4551,49914,08813,62420,20112,031
loans226,77637,89143,333174,29948,63271,83623,789
hp & lease commitments
Accruals and Deferred Income
other liabilities740,456255,152237,62523,789
provisions148
total long term liabilities226,77637,891740,456298,485237,625174,29948,78071,83623,78923,789
total liabilities1,191,620789,372891,574493,199300,268195,13990,23573,33537,87737,41320,20112,031
net assets-238,330-3,96511,94152,10517,3257,8851,564-35,82511,773-5,749-19,229-10,756
total shareholders funds-238,330-3,96511,94152,10517,3257,8851,564-35,82511,773-5,749-19,229-10,756
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Operating Activities
Operating Profit-173,49733,532-80,82744,41817,29315,03649,841-48,07618,00013,480-8,478-20,619
Depreciation389389389
Amortisation
Tax-6,142-8,158-2,214-1,483-8,770478-478
Stock2,592-2,592-30,08430,946-16,36218,092
Debtors150,302-87,133370,044227,08592,129179,86333387
Creditors4,486-90,571135,086-32,77629,969-21,11739,956-20,2018,17012,031
Accruals and Deferred Income-617,131690,934-124,015110,18011,834502-4,061-8,06413,624
Deferred Taxes & Provisions-148148
Cash flow from operations-936,444712,294-439,800-113,421-32,266-156,60050,585-35,684-8,6346,903-308-8,588
Investing Activities
capital expenditure-1,167
Change in Investments
cash flow from investments-1,167
Financing Activities
Bank loans
Group/Directors Accounts-48,00048,000-8,5288,528
Other Short Term Loans
Long term loans188,88537,891-43,33343,333-174,299125,667-23,20448,04723,789
Hire Purchase and Lease Commitments
other long term liabilities-740,456485,30417,527237,625-23,78923,789
share issue-42,08942,089-19,860
interest-60,867-1,207-1,426-1,480-5,639-7,233-3,6823
cash flow from financing128,018-745,861434,634107,38057,687118,434-26,88639,5198,52823,789-19,863
cash and cash equivalents
cash17,581-33,567-11,83362625,421-38,16522,5323,835-10630,692-3031,275
overdraft826,008-6,6676,667
change in cash-808,427-33,567-5,166-6,04125,421-38,16522,5323,835-10630,692-3031,275

africa power ltd 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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Africa Power Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for africa power ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in RH13 area or any other competitors across 12 key performance metrics.

africa power ltd Ownership

AFRICA POWER LTD group structure

Africa Power Ltd has no subsidiary companies.

Ultimate parent company

AFRICA POWER LTD

07935518

AFRICA POWER LTD Shareholders

alaister livesey 34.69%
irbaris nominees ltd 18.26%
jonathan treacher 11.16%
george brenan 11.16%
alastair livesey 10.14%
doug batchelor 2.84%
john tennent 2.84%
jeff hebden 2.84%
ian humphery-smith 1.62%
rob priest 1.62%

africa power ltd directors

Africa Power Ltd currently has 4 directors. The longest serving directors include Mr George Brenen (Feb 2012) and Dr Alastair Livesey (Feb 2012).

officercountryagestartendrole
Mr George BrenenEngland56 years Feb 2012- Director
Dr Alastair LiveseyUnited Kingdom67 years Feb 2012- Director
Mr Jonathan Treacher69 years Feb 2012- Director
Mr David HamptonUnited Kingdom62 years Mar 2019- Director

P&L

February 2024

turnover

5.2m

+747%

operating profit

-173.5k

0%

gross margin

40.1%

-15.48%

turnover

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

Balance Sheet

February 2024

net assets

-238.3k

+59.11%

total assets

953.3k

+0.21%

cash

18k

+43.2%

net assets

Total assets minus all liabilities

africa power ltd company details

company number

07935518

Type

Private limited with Share Capital

industry

35130 - Distribution of electricity

incorporation date

February 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

unit 1 brook farm business park, horsham road, brook hill, cowfold, RH13 8AH

Bank

-

Legal Advisor

-

africa power 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 found 1 charges/mortgages relating to africa power ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

africa power 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.

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africa power ltd Companies House Filings - See Documents

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