newbridge energy ltd
newbridge energy ltd Company Information
Company Number
08228505
Website
http://blazersfuels.co.ukRegistered Address
clifton moor clifton, penrith, CA10 2EY
Industry
Installation of industrial machinery and equipment
Production of electricity
Telephone
01824708928
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
blazers group limited 100%
newbridge energy ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWBRIDGE ENERGY LTD at £0 based on a Turnover of £2.2m and -0.1x industry multiple (adjusted for size and gross margin).
newbridge energy ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWBRIDGE ENERGY LTD at £1.2m based on an EBITDA of £-2.6m and a -0.44x industry multiple (adjusted for size and gross margin).
newbridge energy ltd Estimated Valuation
Pomanda estimates the enterprise value of NEWBRIDGE ENERGY LTD at £29m based on Net Assets of £10.4m and 2.79x industry multiple (adjusted for liquidity).
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Newbridge Energy Ltd Overview
Newbridge Energy Ltd is a live company located in penrith, CA10 2EY with a Companies House number of 08228505. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in September 2012, it's largest shareholder is blazers group limited with a 100% stake. Newbridge Energy Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.
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Newbridge Energy Ltd Health Check
Pomanda's financial health check has awarded Newbridge Energy Ltd a 2.5 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
0 Regular
7 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£6.6m)
£2.2m - Newbridge Energy Ltd
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (8.8%)
-23% - Newbridge Energy Ltd
8.8% - Industry AVG
Production
with a gross margin of -64.5%, this company has a higher cost of product (51.3%)
-64.5% - Newbridge Energy Ltd
51.3% - Industry AVG
Profitability
an operating margin of -151% make it less profitable than the average company (27.9%)
-151% - Newbridge Energy Ltd
27.9% - Industry AVG
Employees
with 42 employees, this is above the industry average (24)
42 - Newbridge Energy Ltd
24 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has a lower pay structure (£65.3k)
£41.3k - Newbridge Energy Ltd
£65.3k - Industry AVG
Efficiency
resulting in sales per employee of £52.2k, this is less efficient (£342.6k)
£52.2k - Newbridge Energy Ltd
£342.6k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (41 days)
12 days - Newbridge Energy Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (29 days)
20 days - Newbridge Energy Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newbridge Energy Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Newbridge Energy Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.4%, this is a lower level of debt than the average (74.3%)
41.4% - Newbridge Energy Ltd
74.3% - Industry AVG
NEWBRIDGE ENERGY LTD financials
Newbridge Energy Ltd's latest turnover from December 2023 is £2.2 million and the company has net assets of £10.4 million. According to their latest financial statements, Newbridge Energy Ltd has 42 employees and maintains cash reserves of £40.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,193,721 | 1,415,395 | 5,443,032 | 6,297,535 | 4,726,715 | 6,570,488 | 5,840,027 | 5,240,038 | 3,868,599 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 3,609,148 | 2,091,088 | 4,413,186 | 4,746,510 | 3,472,827 | 3,594,011 | 3,547,207 | 2,663,096 | 1,602,123 | ||
| Gross Profit | -1,415,427 | -675,693 | 1,029,846 | 1,551,025 | 1,253,888 | 2,976,477 | 2,292,820 | 2,576,942 | 2,266,476 | ||
| Admin Expenses | 1,897,999 | 2,282,389 | 4,899,136 | 3,720,713 | 4,002,899 | 3,779,969 | 2,873,779 | 3,340,417 | 2,275,692 | ||
| Operating Profit | -3,313,426 | -2,958,082 | -3,869,290 | -2,169,688 | -2,749,011 | -803,492 | -580,959 | -763,475 | -9,216 | ||
| Interest Payable | 71,174 | 2,150,080 | 2,442,000 | 2,729,429 | 2,278,823 | 1,985,508 | 744,036 | 27,922 | 332,985 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -3,384,600 | -5,108,162 | -6,311,290 | -4,899,117 | -5,027,834 | -2,789,000 | -1,324,995 | -791,397 | -1,040,140 | ||
| Tax | 0 | 0 | 0 | -184,736 | -78,382 | 48,879 | 19,001 | 228,374 | -33,136 | ||
| Profit After Tax | -3,384,600 | -5,108,162 | -6,311,290 | -5,083,853 | -5,106,216 | -2,740,121 | -1,305,994 | -563,023 | -1,073,276 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -3,384,600 | -5,108,162 | -6,311,290 | -5,083,853 | -5,106,216 | -2,740,121 | -1,305,994 | -563,023 | -1,073,276 | ||
| Employee Costs | 1,733,784 | 1,885,394 | 1,396,004 | 1,880,849 | 1,530,275 | 1,309,932 | 1,271,233 | 1,000,776 | 541,431 | ||
| Number Of Employees | 42 | 51 | 54 | 66 | 56 | 45 | 40 | 37 | 29 | ||
| EBITDA* | -2,649,719 | -2,477,060 | -3,335,718 | -1,378,050 | -1,556,341 | 386,189 | 276,759 | -172,174 | 469,207 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,745,997 | 8,305,242 | 10,148,888 | 10,512,732 | 11,320,771 | 12,188,578 | 12,725,547 | 10,464,479 | 4,609,017 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 59,805 | 418,633 | 777,463 | 1,193,564 | 1,572,981 | 0 | 0 |
| Investments & Other | 5,000,000 | 5,000,000 | 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 |
| Total Fixed Assets | 15,745,997 | 13,305,242 | 10,148,888 | 10,512,732 | 11,380,576 | 12,607,211 | 13,503,010 | 11,658,043 | 6,181,998 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 414,937 | 184,200 | 171,555 | 116,992 | 124,650 | 225,814 | 120,328 | 0 | 0 |
| Trade Debtors | 72,420 | 40,471 | 957,383 | 1,996,019 | 1,295,300 | 1,400,119 | 715,743 | 629,627 | 581,671 | 0 | 0 |
| Group Debtors | 0 | 6,666 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,860,412 | 2,536,666 | 879,406 | 1,050,616 | 1,023,567 | 1,775,180 | 912,651 | 247,914 | 13,188 | 0 | 0 |
| Cash | 40,745 | 61,408 | 88,463 | 64,201 | 144,688 | 343,446 | 423,670 | 348,099 | 152,882 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,973,577 | 2,645,211 | 2,340,189 | 3,295,036 | 2,635,110 | 3,635,737 | 2,176,714 | 1,451,454 | 868,069 | 0 | 0 |
| total assets | 17,719,574 | 15,950,453 | 12,489,077 | 13,807,768 | 14,015,686 | 16,242,948 | 15,679,724 | 13,109,497 | 7,050,067 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 9,167 | 1,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 202,477 | 1,498,468 | 1,969,218 | 2,341,959 | 2,696,128 | 2,191,846 | 1,802,063 | 1,979,635 | 717,854 | 0 | 0 |
| Group/Directors Accounts | 4,700,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 5,014,627 | 0 | 0 |
| hp & lease commitments | 132,884 | 0 | 10,643 | 14,191 | 18,087 | 36,354 | 67,771 | 53,581 | 53,581 | 0 | 0 |
| other current liabilities | 498,222 | 300,911 | 11,158,331 | 8,232,692 | 5,786,094 | 3,375,068 | 1,693,751 | 2,358,661 | 617,691 | 0 | 0 |
| total current liabilities | 5,534,327 | 1,799,379 | 15,647,359 | 10,590,509 | 8,500,309 | 5,603,268 | 3,563,585 | 4,391,877 | 6,403,753 | 0 | 0 |
| loans | 1,290,294 | 1,241,559 | 17,800,791 | 17,808,291 | 15,259,958 | 15,259,958 | 13,959,958 | 9,211,044 | 0 | 0 | 0 |
| hp & lease commitments | 368,500 | 0 | 0 | 7,095 | 21,286 | 39,373 | 75,727 | 120,128 | 173,709 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 137,266 | 135,728 | 201,937 | 251,593 | 0 | 0 | 0 | 0 | 490,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,136 | 0 | 0 |
| total long term liabilities | 1,796,060 | 1,377,287 | 18,002,728 | 18,066,979 | 15,281,244 | 15,299,331 | 14,035,685 | 9,331,172 | 696,845 | 0 | 0 |
| total liabilities | 7,330,387 | 3,176,666 | 33,650,087 | 28,657,488 | 23,781,553 | 20,902,599 | 17,599,270 | 13,723,049 | 7,100,598 | 0 | 0 |
| net assets | 10,389,187 | 12,773,787 | -21,161,010 | -14,849,720 | -9,765,867 | -4,659,651 | -1,919,546 | -613,552 | -50,531 | 0 | 0 |
| total shareholders funds | 10,389,187 | 12,773,787 | -21,161,010 | -14,849,720 | -9,765,867 | -4,659,651 | -1,919,546 | -613,552 | -50,531 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -3,313,426 | -2,958,082 | -3,869,290 | -2,169,688 | -2,749,011 | -803,492 | -580,959 | -763,475 | -9,216 | ||
| Depreciation | 663,707 | 481,022 | 533,572 | 731,833 | 833,842 | 830,851 | 482,102 | 202,384 | 163,827 | ||
| Amortisation | 0 | 0 | 0 | 59,805 | 358,828 | 358,830 | 375,616 | 388,917 | 314,596 | ||
| Tax | 0 | 0 | 0 | -184,736 | -78,382 | 48,879 | 19,001 | 228,374 | -33,136 | ||
| Stock | 0 | -414,937 | 243,382 | 12,645 | 54,563 | -7,658 | -101,164 | 105,486 | 120,328 | 0 | 0 |
| Debtors | -650,971 | 747,014 | -482,078 | 727,768 | -856,432 | 1,546,905 | 750,853 | 282,682 | 594,859 | 0 | 0 |
| Creditors | -1,295,991 | -470,750 | -726,910 | -354,169 | 504,282 | 389,783 | -177,572 | 1,261,781 | 717,854 | 0 | 0 |
| Accruals and Deferred Income | 197,311 | -10,857,420 | 5,372,237 | 2,446,598 | 2,411,026 | 1,681,317 | -664,910 | 1,740,970 | 617,691 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,136 | 33,136 | 0 | 0 |
| Cash flow from operations | -3,097,428 | -14,137,307 | 1,548,305 | -210,770 | 2,082,454 | 966,921 | -1,196,411 | 2,637,647 | 1,089,565 | ||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | -293,882 | -2,743,170 | -5,176,499 | -214,355 | ||||
| Change in Investments | 0 | 5,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -293,882 | -2,743,170 | -5,176,499 | -214,355 | ||||
| Financing Activities | |||||||||||
| Bank loans | 0 | -9,167 | 9,167 | 1,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,700,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -2,500,000 | 2,500,000 | 0 | 0 | 0 | 0 | -5,014,627 | 5,014,627 | 0 | 0 |
| Long term loans | 48,735 | -16,559,232 | 2,540,833 | 2,548,333 | 0 | 1,300,000 | 4,748,914 | 9,211,044 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 501,384 | -10,643 | -28,730 | -18,087 | -36,354 | -67,771 | -30,211 | -53,581 | 227,290 | 0 | 0 |
| other long term liabilities | 1,538 | -66,209 | 201,937 | 251,593 | 0 | 0 | 0 | -490,000 | 490,000 | 0 | 0 |
| share issue | |||||||||||
| interest | -71,174 | -2,150,080 | -2,442,000 | -2,729,429 | -2,278,823 | -1,985,508 | -744,036 | -27,922 | -332,985 | ||
| cash flow from financing | 6,181,227 | 17,747,628 | -2,302,646 | 54,077 | -2,315,177 | -753,263 | 3,974,667 | 3,624,916 | 6,421,677 | ||
| cash and cash equivalents | |||||||||||
| cash | -20,663 | -27,055 | -56,225 | -80,487 | -198,758 | -80,224 | 75,571 | 195,217 | 152,882 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -20,663 | -27,055 | -56,225 | -80,487 | -198,758 | -80,224 | 75,571 | 195,217 | 152,882 | 0 | 0 |
newbridge energy ltd Credit Report and Business Information
Newbridge Energy Ltd Competitor Analysis
Perform a competitor analysis for newbridge energy ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CA10 area or any other competitors across 12 key performance metrics.
newbridge energy ltd Ownership
NEWBRIDGE ENERGY LTD group structure
Newbridge Energy Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
NEWBRIDGE ENERGY LTD
08228505
1 subsidiary
newbridge energy ltd directors
Newbridge Energy Ltd currently has 3 directors. The longest serving directors include Mr Andrew Smith (Aug 2022) and Mr Richard Errington (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Smith | United Kingdom | 42 years | Aug 2022 | - | Director |
| Mr Richard Errington | United Kingdom | 41 years | Aug 2022 | - | Director |
| Mr Jonathan Watson | England | 56 years | Jul 2023 | - | Director |
P&L
December 2023turnover
2.2m
+55%
operating profit
-3.3m
+12%
gross margin
-64.5%
+35.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.4m
-0.19%
total assets
17.7m
+0.11%
cash
40.7k
-0.34%
net assets
Total assets minus all liabilities
newbridge energy ltd company details
company number
08228505
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
35110 - Production of electricity
incorporation date
September 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
JS AUDIT LIMITED
address
clifton moor clifton, penrith, CA10 2EY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
newbridge energy 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 3 charges/mortgages relating to newbridge energy ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
newbridge energy ltd Companies House Filings - See Documents
| date | description | view/download |
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