genovate power solutions ltd
genovate power solutions ltd Company Information
Company Number
08347694
Website
greenfroggenovate.co.ukRegistered Address
unit 3 springwell road, leeds, LS12 1AF
Industry
Repair of machinery
Telephone
448006890597
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
genovate limited 88.8%
paul lawson 6.5%
View Allgenovate power solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of GENOVATE POWER SOLUTIONS LTD at £1m based on a Turnover of £1.4m and 0.76x industry multiple (adjusted for size and gross margin).
genovate power solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of GENOVATE POWER SOLUTIONS LTD at £2m based on an EBITDA of £247.6k and a 7.99x industry multiple (adjusted for size and gross margin).
genovate power solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of GENOVATE POWER SOLUTIONS LTD at £631.4k based on Net Assets of £145.8k and 4.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Genovate Power Solutions Ltd Overview
Genovate Power Solutions Ltd is a live company located in leeds, LS12 1AF with a Companies House number of 08347694. It operates in the repair of machinery sector, SIC Code 33120. Founded in January 2013, it's largest shareholder is genovate limited with a 88.8% stake. Genovate Power Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Genovate Power Solutions Ltd Health Check
Pomanda's financial health check has awarded Genovate Power Solutions Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4m)
- Genovate Power Solutions Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3.4%)
- Genovate Power Solutions Ltd
3.4% - Industry AVG
Production
with a gross margin of 34.2%, this company has a comparable cost of product (34.2%)
- Genovate Power Solutions Ltd
34.2% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (5.2%)
- Genovate Power Solutions Ltd
5.2% - Industry AVG
Employees
with 12 employees, this is below the industry average (24)
12 - Genovate Power Solutions Ltd
24 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Genovate Power Solutions Ltd
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £115.6k, this is less efficient (£175.1k)
- Genovate Power Solutions Ltd
£175.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (51 days)
- Genovate Power Solutions Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (43 days)
- Genovate Power Solutions Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is less than average (78 days)
- Genovate Power Solutions Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (18 weeks)
29 weeks - Genovate Power Solutions Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.8%, this is a higher level of debt than the average (55.5%)
85.8% - Genovate Power Solutions Ltd
55.5% - Industry AVG
GENOVATE POWER SOLUTIONS LTD financials
Genovate Power Solutions Ltd's latest turnover from May 2023 is estimated at £1.4 million and the company has net assets of £145.8 thousand. According to their latest financial statements, Genovate Power Solutions Ltd has 12 employees and maintains cash reserves of £398.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,293,453 | 5,689,093 | 2,163,213 | 602,775 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 14,045,492 | 3,115,838 | 1,337,665 | 303,169 | ||||||
| Gross Profit | 3,247,961 | 2,573,255 | 825,548 | 299,606 | ||||||
| Admin Expenses | 2,664,855 | 2,172,576 | 689,755 | |||||||
| Operating Profit | 583,106 | 400,679 | 135,793 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 583,106 | 400,679 | 135,793 | 1,755 | ||||||
| Tax | -112,855 | -79,554 | -25,804 | -101 | ||||||
| Profit After Tax | 470,251 | 321,125 | 109,989 | 1,654 | ||||||
| Dividends Paid | 500,000 | 0 | 0 | 0 | ||||||
| Retained Profit | -29,749 | 321,125 | 109,989 | 1,654 | ||||||
| Employee Costs | 483,098 | 95,752 | ||||||||
| Number Of Employees | 12 | 14 | 16 | 25 | 41 | 36 | 21 | 14 | 6 | |
| EBITDA* | 629,436 | 445,673 | 159,112 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 212,014 | 245,818 | 231,647 | 161,169 | 213,728 | 220,541 | 196,417 | 146,748 | 33,290 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 212,014 | 245,818 | 231,647 | 161,169 | 213,728 | 220,541 | 196,417 | 146,748 | 33,290 | 0 |
| Stock & work in progress | 136,473 | 28,382 | 44,653 | 0 | 0 | 0 | 0 | 177,889 | 9,500 | 0 |
| Trade Debtors | 195,768 | 269,080 | 283,018 | 373,983 | 1,332,227 | 323,889 | 182,311 | 325,711 | 124,353 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 80,545 | 277,510 | 272,802 | 233,110 | 146,136 | 110,091 | 241,129 | 1,718 | 1,000 | 0 |
| Cash | 398,568 | 54,910 | 86,127 | 332,605 | 259,951 | 764,033 | 601,476 | 235,320 | 25,480 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 811,354 | 629,882 | 686,600 | 939,698 | 1,738,314 | 1,198,013 | 1,024,916 | 740,638 | 160,333 | 0 |
| total assets | 1,023,368 | 875,700 | 918,247 | 1,100,867 | 1,952,042 | 1,418,554 | 1,221,333 | 887,386 | 193,623 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 50,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 247,211 | 346,119 | 390,954 | 168,368 | 1,161,448 | 565,607 | 252,055 | 615,933 | 155,627 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 410,914 | 233,602 | 317,706 | 409,597 | 516,078 | 414,322 | 505,056 | 136,305 | 35,342 | 0 |
| total current liabilities | 708,125 | 629,721 | 758,660 | 577,965 | 1,677,526 | 979,929 | 757,111 | 752,238 | 190,969 | 0 |
| loans | 70,833 | 120,833 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 59,429 | 70,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 39,133 | 48,818 | 57,341 | 28,453 | 33,939 | 34,606 | 30,454 | 22,505 | 0 | 0 |
| total long term liabilities | 169,395 | 240,501 | 207,341 | 28,453 | 33,939 | 34,606 | 30,454 | 22,505 | 0 | 0 |
| total liabilities | 877,520 | 870,222 | 966,001 | 606,418 | 1,711,465 | 1,014,535 | 787,565 | 774,743 | 190,969 | 0 |
| net assets | 145,848 | 5,478 | -47,754 | 494,449 | 240,577 | 404,019 | 433,768 | 112,643 | 2,654 | 0 |
| total shareholders funds | 145,848 | 5,478 | -47,754 | 494,449 | 240,577 | 404,019 | 433,768 | 112,643 | 2,654 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Mar 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 583,106 | 400,679 | 135,793 | |||||||
| Depreciation | 55,300 | 51,315 | 44,797 | 40,802 | 51,855 | 46,330 | 44,994 | 23,319 | 1,080 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -112,855 | -79,554 | -25,804 | -101 | ||||||
| Stock | 108,091 | -16,271 | 44,653 | 0 | 0 | 0 | -177,889 | 168,389 | 9,500 | 0 |
| Debtors | -270,277 | -9,230 | -51,273 | -871,270 | 1,044,383 | 10,540 | 96,011 | 202,076 | 125,353 | 0 |
| Creditors | -98,908 | -44,835 | 222,586 | -993,080 | 595,841 | 313,552 | -363,878 | 460,306 | 155,627 | 0 |
| Accruals and Deferred Income | 177,312 | -84,104 | -91,891 | -106,481 | 101,756 | -90,734 | 368,751 | 100,963 | 35,342 | 0 |
| Deferred Taxes & Provisions | -9,685 | -8,523 | 28,888 | -5,486 | -667 | 4,152 | 7,949 | 22,505 | 0 | 0 |
| Cash flow from operations | 733,011 | 460,819 | 346,617 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | -136,777 | -34,370 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -136,777 | -34,370 | ||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -50,000 | -29,167 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,421 | 70,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 0 | 0 | 0 | 1,000 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 343,658 | -31,217 | -246,478 | 72,654 | -504,082 | 162,557 | 366,156 | 209,840 | 25,480 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 343,658 | -31,217 | -246,478 | 72,654 | -504,082 | 162,557 | 366,156 | 209,840 | 25,480 | 0 |
genovate power solutions ltd Credit Report and Business Information
Genovate Power Solutions Ltd Competitor Analysis
Perform a competitor analysis for genovate power solutions ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
genovate power solutions ltd Ownership
GENOVATE POWER SOLUTIONS LTD group structure
Genovate Power Solutions Ltd has 1 subsidiary company.
Ultimate parent company
GENOVATE POWER SOLUTIONS LTD
08347694
1 subsidiary
genovate power solutions ltd directors
Genovate Power Solutions Ltd currently has 2 directors. The longest serving directors include Mr Alan Dempsey (May 2014) and Mrs Lorraine James (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Dempsey | England | 41 years | May 2014 | - | Director |
| Mrs Lorraine James | England | 51 years | Aug 2023 | - | Director |
P&L
May 2023turnover
1.4m
-20%
operating profit
192.3k
0%
gross margin
34.2%
+0.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
145.8k
+25.62%
total assets
1m
+0.17%
cash
398.6k
+6.26%
net assets
Total assets minus all liabilities
genovate power solutions ltd company details
company number
08347694
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
incorporation date
January 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
green frog genovate ltd (February 2023)
gf genovate limited (May 2022)
See moreincorporated
UK
address
unit 3 springwell road, leeds, LS12 1AF
last accounts submitted
May 2023
genovate power solutions 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 genovate power solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
genovate power solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
