
Company Number
08103234
Next Accounts
26 days late
Directors
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
-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).
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).
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).
Edit your figures and get a professional valuation report.
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.
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
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.8m, make it larger than the average company (£421.7k)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
£421.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.4%)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
6.4% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (27.7%)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
27.7% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.6%)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Switched On Renewable Energy Networks (uk & Ireland) Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £3.8m, this is more efficient (£119.6k)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
£119.6k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (57 days)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (46 days)
- Switched On Renewable Energy Networks (uk & Ireland) Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Switched On Renewable Energy Networks (uk & Ireland) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Switched On Renewable Energy Networks (uk & Ireland) Limited
- - Industry AVG
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'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 House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||||||
Number Of Employees | 1 | 4 | 5 | 2 | 2 | 2 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 35,636 | 6,708 | 9,779 | 1,706 | 6,568 | 9,346 | 8,958 | 48,419 | 1,531,838 | 1,619,783 | 884,200 |
Intangible Assets | |||||||||||
Investments & Other | 7,938 | 4,927 | |||||||||
Debtors (Due After 1 year) | |||||||||||
Total Fixed Assets | 43,574 | 11,635 | 9,779 | 1,706 | 6,568 | 9,346 | 8,958 | 48,419 | 1,531,838 | 1,619,783 | 884,200 |
Stock & work in progress | |||||||||||
Trade Debtors | 818,345 | 814,930 | 518,155 | 914,607 | 1,199,945 | 522,855 | 253,639 | 97,648 | 4,552 | 47,443 | 296,219 |
Group Debtors | |||||||||||
Misc Debtors | |||||||||||
Cash | 5,791 | 64,543 | 459 | 480 | |||||||
misc current assets | |||||||||||
total current assets | 818,345 | 814,930 | 518,155 | 914,607 | 1,199,945 | 522,855 | 253,639 | 103,439 | 69,095 | 47,902 | 296,699 |
total assets | 861,919 | 826,565 | 527,934 | 916,313 | 1,206,513 | 532,201 | 262,597 | 151,858 | 1,600,933 | 1,667,685 | 1,180,899 |
Bank overdraft | |||||||||||
Bank loan | |||||||||||
Trade Creditors | 1,776,794 | 1,743,996 | 1,574,726 | 2,060,020 | 1,705,807 | 747,658 | 387,220 | 196,661 | 1,350,332 | 1,603,599 | 1,116,000 |
Group/Directors Accounts | |||||||||||
other short term finances | |||||||||||
hp & lease commitments | |||||||||||
other current liabilities | |||||||||||
total current liabilities | 1,776,794 | 1,743,996 | 1,574,726 | 2,060,020 | 1,705,807 | 747,658 | 387,220 | 196,661 | 1,350,332 | 1,603,599 | 1,116,000 |
loans | |||||||||||
hp & lease commitments | |||||||||||
Accruals and Deferred Income | |||||||||||
other liabilities | 365 | 365 | 365 | 365 | |||||||
provisions | 6,387 | 50,120 | 27,743 | 14,926 | |||||||
total long term liabilities | 365 | 365 | 365 | 365 | 6,387 | 50,120 | 27,743 | 14,926 | |||
total liabilities | 1,776,794 | 1,743,996 | 1,575,091 | 2,060,385 | 1,706,172 | 748,023 | 387,220 | 203,048 | 1,400,452 | 1,631,342 | 1,130,926 |
net assets | -914,875 | -917,431 | -1,047,157 | -1,144,072 | -499,659 | -215,822 | -124,623 | -51,190 | 200,481 | 36,343 | 49,973 |
total shareholders funds | -914,875 | -917,431 | -1,047,157 | -1,144,072 | -499,659 | -215,822 | -124,623 | -51,190 | 200,481 | 36,343 | 49,973 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 13,225 | 87,945 | 92,573 | 46,537 | |||||||
Amortisation | |||||||||||
Tax | |||||||||||
Stock | |||||||||||
Debtors | 3,415 | 296,775 | -396,452 | -285,338 | 677,090 | 269,216 | 155,991 | 93,096 | -42,891 | -248,776 | 296,219 |
Creditors | 32,798 | 169,270 | -485,294 | 354,213 | 958,149 | 360,438 | 190,559 | -1,153,671 | -253,267 | 487,599 | 1,116,000 |
Accruals and Deferred Income | |||||||||||
Deferred Taxes & Provisions | -6,387 | -43,733 | 22,377 | 12,817 | 14,926 | ||||||
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 3,011 | 4,927 | |||||||||
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | |||||||||||
Group/Directors Accounts | |||||||||||
Other Short Term Loans | |||||||||||
Long term loans | |||||||||||
Hire Purchase and Lease Commitments | |||||||||||
other long term liabilities | -365 | 365 | |||||||||
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -5,791 | -58,752 | 64,084 | -21 | 480 | ||||||
overdraft | |||||||||||
change in cash | -5,791 | -58,752 | 64,084 | -21 | 480 |
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 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 currently has 1 director, Mr Jason Sayles serving since Jun 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jason Sayles | England | 52 years | Jun 2012 | - | Director |
P&L
June 2023turnover
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 2023net assets
-914.9k
0%
total assets
861.9k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
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
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
switched on energy professionals limited (December 2023)
ygr maintenance limited (August 2020)
See moreaccountant
-
auditor
-
address
suite 2a1, northside house, mount pleasant, barnet, EN4 9EB
Bank
-
Legal Advisor
-
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.
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 SWITCHED ON RENEWABLE ENERGY NETWORKS (UK & IRELAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|