shuttleworth solar limited
shuttleworth solar limited Company Information
Company Number
08297407
Next Accounts
Sep 2025
Shareholders
toucan holdco limited
Group Structure
View All
Industry
Production of electricity
Registered Address
168 church road, hove, east sussex, BN3 2DL
Website
-shuttleworth solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH SOLAR LIMITED at £1.3m based on a Turnover of £689.5k and 1.85x industry multiple (adjusted for size and gross margin).
shuttleworth solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH SOLAR LIMITED at £2.6m based on an EBITDA of £486.7k and a 5.25x industry multiple (adjusted for size and gross margin).
shuttleworth solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHUTTLEWORTH SOLAR LIMITED at £0 based on Net Assets of £-1.2m and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Shuttleworth Solar Limited Overview
Shuttleworth Solar Limited is a live company located in east sussex, BN3 2DL with a Companies House number of 08297407. It operates in the production of electricity sector, SIC Code 35110. Founded in November 2012, it's largest shareholder is toucan holdco limited with a 100% stake. Shuttleworth Solar Limited is a established, small sized company, Pomanda has estimated its turnover at £689.5k with healthy growth in recent years.
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Shuttleworth Solar Limited Health Check
Pomanda's financial health check has awarded Shuttleworth Solar Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £689.5k, make it smaller than the average company (£1.8m)
£689.5k - Shuttleworth Solar Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.8%)
15% - Shuttleworth Solar Limited
10.8% - Industry AVG
Production
with a gross margin of 80.2%, this company has a comparable cost of product (71%)
80.2% - Shuttleworth Solar Limited
71% - Industry AVG
Profitability
an operating margin of 32.3% make it less profitable than the average company (51.1%)
32.3% - Shuttleworth Solar Limited
51.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
- Shuttleworth Solar Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Shuttleworth Solar Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £344.7k, this is less efficient (£449.7k)
- Shuttleworth Solar Limited
£449.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Shuttleworth Solar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (21 days)
13 days - Shuttleworth Solar Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Shuttleworth Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Shuttleworth Solar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.4%, this is a higher level of debt than the average (90%)
124.4% - Shuttleworth Solar Limited
90% - Industry AVG
SHUTTLEWORTH SOLAR LIMITED financials
Shuttleworth Solar Limited's latest turnover from December 2023 is £689.5 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that Shuttleworth Solar Limited has 2 employees and maintains cash reserves of £101 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 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 689,494 | 589,671 | 536,259 | 454,369 | 547,852 | 524,595 | 430,543 | 326,339 | |||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 136,742 | 119,077 | 91,178 | 90,720 | 96,949 | 83,338 | 33,594 | 2,024 | |||
| Gross Profit | 552,752 | 470,594 | 445,081 | 363,649 | 450,903 | 441,257 | 396,949 | 324,315 | |||
| Admin Expenses | 329,981 | 335,586 | 332,175 | 305,402 | 340,733 | 306,391 | 339,369 | 327,293 | 3,629 | ||
| Operating Profit | 222,771 | 135,008 | 112,906 | 58,247 | 110,170 | 134,866 | 57,580 | -2,978 | -3,629 | ||
| Interest Payable | 410,413 | 395,072 | 251,234 | 267,391 | 267,391 | 283,846 | 288,253 | 58,609 | |||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | -187,642 | -260,064 | -138,328 | -209,144 | -157,221 | -148,980 | -230,673 | -61,587 | -3,629 | ||
| Tax | 133,428 | -46,814 | 64,991 | -19,741 | 2,540 | 112,931 | |||||
| Profit After Tax | -54,214 | -306,878 | -73,337 | -228,885 | -154,681 | -36,049 | -230,673 | -61,587 | -3,629 | ||
| Dividends Paid | |||||||||||
| Retained Profit | -54,214 | -306,878 | -73,337 | -228,885 | -154,681 | -36,049 | -230,673 | -61,587 | -3,629 | ||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | |||||||||
| EBITDA* | 486,682 | 398,878 | 112,906 | 317,310 | 368,544 | 391,001 | 296,680 | 168,346 | -3,629 |
* 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 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,584,058 | 4,847,969 | 5,111,839 | 5,242,941 | 5,502,004 | 5,760,378 | 6,013,700 | 6,173,088 | |||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 143,934 | 44,399 | 91,213 | 95,730 | 115,471 | 112,931 | |||||
| Total Fixed Assets | 4,727,992 | 4,892,368 | 5,203,052 | 5,338,671 | 5,617,475 | 5,873,309 | 6,013,700 | 6,173,088 | |||
| Stock & work in progress | 329,862 | ||||||||||
| Trade Debtors | 109,469 | 120,074 | 76,852 | 200,500 | |||||||
| Group Debtors | 22,261 | 35,490 | 11,108 | 3,722 | |||||||
| Misc Debtors | 142,401 | 129,102 | 129,857 | 84,366 | 20,565 | 10,757 | 9,123 | 27,884 | 100 | ||
| Cash | 100,969 | 128,468 | 61,274 | 132,299 | 266,346 | 190,154 | 25,582 | 14,653 | |||
| misc current assets | |||||||||||
| total current assets | 265,631 | 257,570 | 191,131 | 252,155 | 407,488 | 324,707 | 111,557 | 243,037 | 329,962 | ||
| total assets | 4,993,623 | 5,149,938 | 5,394,183 | 5,590,826 | 6,024,963 | 6,198,016 | 6,125,257 | 6,416,125 | 329,962 | ||
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 5,242 | 24,931 | 6,699 | 3,242 | 312 | 5,487 | 7,181 | 80,662 | |||
| Group/Directors Accounts | 5,977,076 | 6,075,253 | 6,041,592 | 6,232,798 | 6,440,619 | 6,451,001 | 6,195,585 | 5,926,443 | 330,491 | ||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 17,048 | 8,691 | 5,360 | 12,891 | 14,860 | 19,284 | 165,807 | 3,696 | 3,000 | ||
| total current liabilities | 5,999,366 | 6,108,875 | 6,053,651 | 6,248,931 | 6,455,791 | 6,475,772 | 6,368,573 | 6,010,801 | 333,491 | ||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 213,599 | 206,191 | 198,782 | 57,300 | 55,692 | 54,083 | 52,474 | 470,441 | |||
| total long term liabilities | 213,599 | 206,191 | 198,782 | 57,300 | 55,692 | 54,083 | 52,474 | 470,441 | |||
| total liabilities | 6,212,965 | 6,315,066 | 6,252,433 | 6,306,231 | 6,511,483 | 6,529,855 | 6,421,047 | 6,481,242 | 333,491 | ||
| net assets | -1,219,342 | -1,165,128 | -858,250 | -715,405 | -486,520 | -331,839 | -295,790 | -65,117 | -3,529 | ||
| total shareholders funds | -1,219,342 | -1,165,128 | -858,250 | -715,405 | -486,520 | -331,839 | -295,790 | -65,117 | -3,529 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 222,771 | 135,008 | 112,906 | 58,247 | 110,170 | 134,866 | 57,580 | -2,978 | -3,629 | ||
| Depreciation | 263,911 | 263,870 | 259,063 | 258,374 | 256,135 | 239,100 | 171,324 | ||||
| Amortisation | |||||||||||
| Tax | 133,428 | -46,814 | 64,991 | -19,741 | 2,540 | 112,931 | |||||
| Stock | -329,862 | 329,862 | |||||||||
| Debtors | 135,095 | -47,569 | 5,484 | -41,027 | 9,129 | 161,509 | -142,409 | 228,284 | 100 | ||
| Creditors | -19,689 | 18,232 | 3,457 | 2,930 | -5,175 | -1,694 | -73,481 | 80,662 | |||
| Accruals and Deferred Income | 8,357 | 3,331 | -7,531 | -1,969 | -4,424 | -146,523 | 162,111 | 696 | 3,000 | ||
| Deferred Taxes & Provisions | 7,408 | 7,409 | 141,482 | 1,608 | 1,609 | 1,609 | -417,967 | 470,441 | |||
| Cash flow from operations | 481,091 | 428,605 | 341,165 | 353,965 | 195,815 | 109,752 | 821,723 | -330,591 | |||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -98,177 | 33,661 | -191,206 | -207,821 | -10,382 | 255,416 | 269,142 | 5,595,952 | 330,491 | ||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -410,413 | -395,072 | -251,234 | -267,391 | -267,391 | -283,846 | -288,253 | -58,609 | |||
| cash flow from financing | -508,590 | -361,411 | -511,948 | -475,212 | -277,773 | -28,430 | -19,111 | 5,537,342 | 330,591 | ||
| cash and cash equivalents | |||||||||||
| cash | -27,499 | 67,194 | -71,025 | -134,047 | 76,192 | 164,572 | 10,929 | 14,653 | |||
| overdraft | |||||||||||
| change in cash | -27,499 | 67,194 | -71,025 | -134,047 | 76,192 | 164,572 | 10,929 | 14,653 |
shuttleworth solar limited Credit Report and Business Information
Shuttleworth Solar Limited Competitor Analysis
Perform a competitor analysis for shuttleworth solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BN3 area or any other competitors across 12 key performance metrics.
shuttleworth solar limited Ownership
SHUTTLEWORTH SOLAR LIMITED group structure
Shuttleworth Solar Limited has no subsidiary companies.
Ultimate parent company
2 parents
SHUTTLEWORTH SOLAR LIMITED
08297407
shuttleworth solar limited directors
Shuttleworth Solar Limited currently has 4 directors. The longest serving directors include Mr Lee Moscovitch (Feb 2024) and Mr Ralph Nash (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Moscovitch | England | 48 years | Feb 2024 | - | Director |
| Mr Ralph Nash | England | 37 years | Feb 2024 | - | Director |
| Mr James Louca | United Kingdom | 34 years | Feb 2024 | - | Director |
| Mr Matthew Yard | England | 45 years | Feb 2024 | - | Director |
P&L
December 2023turnover
689.5k
+17%
operating profit
222.8k
+65%
gross margin
80.2%
+0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.2m
+0.05%
total assets
5m
-0.03%
cash
101k
-0.21%
net assets
Total assets minus all liabilities
shuttleworth solar limited company details
company number
08297407
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
rfe solar park 9 limited (May 2018)
wel solar park 9 ltd (June 2017)
accountant
-
auditor
MOORE
address
168 church road, hove, east sussex, BN3 2DL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
shuttleworth solar 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 found 5 charges/mortgages relating to shuttleworth solar limited. Currently there are 1 open charges and 4 have been satisfied in the past.
shuttleworth solar 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.
Click to start generating capital raising & share issue transactions for SHUTTLEWORTH SOLAR LIMITED. This can take several minutes, an email will notify you when this has completed.
shuttleworth solar limited Companies House Filings - See Documents
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