switched on renewable energy networks (uk & ireland) limited

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switched on renewable energy networks (uk & ireland) limited Company Information

Share SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED

Company Number

08103234

Directors

Jason Sayles

Shareholders

switched on company management limited

Group Structure

View All

Industry

Plumbing, heat and air-conditioning installation

 

Registered Address

suite 2a1, northside house, mount pleasant, barnet, EN4 9EB

Website

-

switched on renewable energy networks (uk & ireland) limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED at £1.7m based on a Turnover of £3.8m and 0.44x industry multiple (adjusted for size and gross margin).

switched on renewable energy networks (uk & ireland) limited Estimated Valuation

£12.7k

Pomanda estimates the enterprise value of SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED at £12.7k based on an EBITDA of £3.4k and a 3.72x industry multiple (adjusted for size and gross margin).

switched on renewable energy networks (uk & ireland) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED at £0 based on Net Assets of £-914.9k and 2.83x industry multiple (adjusted for liquidity).

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Switched On Renewable Energy Networks (uk & Ireland) Limited Overview

Switched On Renewable Energy Networks (uk & Ireland) Limited is a live company located in barnet, EN4 9EB with a Companies House number of 08103234. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in June 2012, it's largest shareholder is switched on company management limited with a 100% stake. Switched On Renewable Energy Networks (uk & Ireland) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.8m with declining growth in recent years.

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Switched On Renewable Energy Networks (uk & Ireland) Limited Health Check

Pomanda's financial health check has awarded Switched On Renewable Energy Networks (Uk & Ireland) Limited a 2.5 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 Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £3.8m, make it larger than the average company (£421.7k)

£3.8m - Switched On Renewable Energy Networks (uk & Ireland) Limited

£421.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.4%)

-3% - Switched On Renewable Energy Networks (uk & Ireland) Limited

6.4% - Industry AVG

production

Production

with a gross margin of 17.2%, this company has a higher cost of product (27.7%)

17.2% - Switched On Renewable Energy Networks (uk & Ireland) Limited

27.7% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (5.6%)

0.1% - Switched On Renewable Energy Networks (uk & Ireland) Limited

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Switched On Renewable Energy Networks (uk & Ireland) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Switched On Renewable Energy Networks (uk & Ireland) Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.8m, this is more efficient (£119.6k)

£3.8m - Switched On Renewable Energy Networks (uk & Ireland) Limited

£119.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (57 days)

79 days - Switched On Renewable Energy Networks (uk & Ireland) Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 208 days, this is slower than average (46 days)

208 days - Switched On Renewable Energy Networks (uk & Ireland) Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Switched On Renewable Energy Networks (uk & Ireland) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Switched On Renewable Energy Networks (uk & Ireland) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 206.1%, this is a higher level of debt than the average (61.8%)

206.1% - Switched On Renewable Energy Networks (uk & Ireland) Limited

61.8% - Industry AVG

SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED financials

EXPORTms excel logo

Switched On Renewable Energy Networks (Uk & Ireland) Limited's latest turnover from June 2023 is estimated at £3.8 million and the company has net assets of -£914.9 thousand. According to their latest financial statements, Switched On Renewable Energy Networks (Uk & Ireland) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Turnover3,754,7633,354,2722,656,0034,165,1844,278,9861,853,1061,242,592559,0651,805,5302,218,2242,340,817
Other Income Or Grants
Cost Of Sales3,109,8802,748,3222,212,1493,411,4853,502,0131,484,188979,785446,2261,426,4421,745,2151,817,823
Gross Profit644,883605,949443,855753,699776,973368,918262,806112,839379,088473,009522,994
Admin Expenses641,475445,793324,2071,398,1121,060,810460,117336,244364,686174,078486,641458,098
Operating Profit3,408160,156119,648-644,413-283,837-91,199-73,438-251,847205,010-13,63264,896
Interest Payable
Interest Receivable717616321
Pre-Tax Profit3,408160,156119,648-644,413-283,837-91,199-73,431-251,671205,173-13,63064,897
Tax-852-30,430-22,733-41,034-14,926
Profit After Tax2,556129,72696,915-644,413-283,837-91,199-73,431-251,671164,138-13,63049,971
Dividends Paid
Retained Profit2,556129,72696,915-644,413-283,837-91,199-73,431-251,671164,138-13,63049,971
Employee Costs32,700135,394167,09167,17569,52170,703234,300107,967250,110320,901318,272
Number Of Employees14522273799
EBITDA*3,408160,156119,648-644,413-283,837-91,199-73,438-238,622292,95578,941111,433

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Tangible Assets35,6366,7089,7791,7066,5689,3468,95848,4191,531,8381,619,783884,200
Intangible Assets
Investments & Other7,9384,927
Debtors (Due After 1 year)
Total Fixed Assets43,57411,6359,7791,7066,5689,3468,95848,4191,531,8381,619,783884,200
Stock & work in progress
Trade Debtors818,345814,930518,155914,6071,199,945522,855253,63997,6484,55247,443296,219
Group Debtors
Misc Debtors
Cash5,79164,543459480
misc current assets
total current assets818,345814,930518,155914,6071,199,945522,855253,639103,43969,09547,902296,699
total assets861,919826,565527,934916,3131,206,513532,201262,597151,8581,600,9331,667,6851,180,899
Bank overdraft
Bank loan
Trade Creditors 1,776,7941,743,9961,574,7262,060,0201,705,807747,658387,220196,6611,350,3321,603,5991,116,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,776,7941,743,9961,574,7262,060,0201,705,807747,658387,220196,6611,350,3321,603,5991,116,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities365365365365
provisions6,38750,12027,74314,926
total long term liabilities3653653653656,38750,12027,74314,926
total liabilities1,776,7941,743,9961,575,0912,060,3851,706,172748,023387,220203,0481,400,4521,631,3421,130,926
net assets-914,875-917,431-1,047,157-1,144,072-499,659-215,822-124,623-51,190200,48136,34349,973
total shareholders funds-914,875-917,431-1,047,157-1,144,072-499,659-215,822-124,623-51,190200,48136,34349,973
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Operating Activities
Operating Profit3,408160,156119,648-644,413-283,837-91,199-73,438-251,847205,010-13,63264,896
Depreciation13,22587,94592,57346,537
Amortisation
Tax-852-30,430-22,733-41,034-14,926
Stock
Debtors3,415296,775-396,452-285,338677,090269,216155,99193,096-42,891-248,776296,219
Creditors32,798169,270-485,294354,213958,149360,438190,559-1,153,671-253,267487,5991,116,000
Accruals and Deferred Income
Deferred Taxes & Provisions-6,387-43,73322,37712,81714,926
Cash flow from operations31,9392,2218,073-4,862-2,77823-45,257-1,529,12263,922828,133931,214
Investing Activities
capital expenditure-28,9283,071-8,0734,8622,778-38839,4611,470,194-828,156-930,737
Change in Investments3,0114,927
cash flow from investments-31,939-1,856-8,0734,8622,778-38839,4611,470,194-828,156-930,737
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-365365
share issue-22
interest717616321
cash flow from financing-365365517616323
cash and cash equivalents
cash-5,791-58,75264,084-21480
overdraft
change in cash-5,791-58,75264,084-21480

switched on renewable energy networks (uk & ireland) 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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Switched On Renewable Energy Networks (uk & Ireland) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for switched on renewable energy networks (uk & ireland) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EN4 area or any other competitors across 12 key performance metrics.

switched on renewable energy networks (uk & ireland) limited Ownership

SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED group structure

Switched On Renewable Energy Networks (Uk & Ireland) Limited has no subsidiary companies.

Ultimate parent company

1 parent

SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED

08103234

SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED Shareholders

switched on company management limited 100%

switched on renewable energy networks (uk & ireland) limited directors

Switched On Renewable Energy Networks (Uk & Ireland) Limited currently has 1 director, Mr Jason Sayles serving since Jun 2012.

officercountryagestartendrole
Mr Jason SaylesEngland52 years Jun 2012- Director

P&L

June 2023

turnover

3.8m

+12%

operating profit

3.4k

0%

gross margin

17.2%

-4.93%

turnover

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

Balance Sheet

June 2023

net assets

-914.9k

0%

total assets

861.9k

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

switched on renewable energy networks (uk & ireland) limited company details

company number

08103234

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

June 2012

age

13

incorporated

UK

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

switched on energy professionals limited (December 2023)

ygr maintenance limited (August 2020)

See more

accountant

-

auditor

-

address

suite 2a1, northside house, mount pleasant, barnet, EN4 9EB

Bank

-

Legal Advisor

-

switched on renewable energy networks (uk & ireland) 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 switched on renewable energy networks (uk & ireland) limited.

switched on renewable energy networks (uk & ireland) 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.

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switched on renewable energy networks (uk & ireland) limited Companies House Filings - See Documents

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