shotwick solar limited
shotwick solar limited Company Information
Company Number
08362998
Next Accounts
Sep 2025
Shareholders
acquisitionco 1 limited
Group Structure
View All
Industry
Production of electricity
Registered Address
c/o foresight group llp, the shard, london, SE1 9SG
Website
jamies.londonshotwick solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHOTWICK SOLAR LIMITED at £28.4m based on a Turnover of £11.2m and 2.54x industry multiple (adjusted for size and gross margin).
shotwick solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHOTWICK SOLAR LIMITED at £71.3m based on an EBITDA of £9.9m and a 7.21x industry multiple (adjusted for size and gross margin).
shotwick solar limited Estimated Valuation
Pomanda estimates the enterprise value of SHOTWICK SOLAR LIMITED at £0 based on Net Assets of £-5m and 2.63x industry multiple (adjusted for liquidity).
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Shotwick Solar Limited Overview
Shotwick Solar Limited is a live company located in london, SE1 9SG with a Companies House number of 08362998. It operates in the production of electricity sector, SIC Code 35110. Founded in January 2013, it's largest shareholder is acquisitionco 1 limited with a 100% stake. Shotwick Solar Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.2m with healthy growth in recent years.
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Shotwick Solar Limited Health Check
Pomanda's financial health check has awarded Shotwick Solar Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
1 Weak
Size
annual sales of £11.2m, make it larger than the average company (£1.8m)
£11.2m - Shotwick 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% - Shotwick Solar Limited
10.8% - Industry AVG
Production
with a gross margin of 92.9%, this company has a lower cost of product (71%)
92.9% - Shotwick Solar Limited
71% - Industry AVG
Profitability
an operating margin of 62% make it more profitable than the average company (51.1%)
62% - Shotwick Solar Limited
51.1% - Industry AVG
Employees
with 25 employees, this is above the industry average (3)
- Shotwick Solar Limited
3 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)
- Shotwick Solar Limited
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £447.9k, this is equally as efficient (£449.7k)
- Shotwick Solar Limited
£449.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Shotwick Solar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (21 days)
91 days - Shotwick Solar Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (17 days)
1 days - Shotwick Solar Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (9 weeks)
50 weeks - Shotwick Solar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.6%, this is a higher level of debt than the average (90%)
106.6% - Shotwick Solar Limited
90% - Industry AVG
SHOTWICK SOLAR LIMITED financials
Shotwick Solar Limited's latest turnover from December 2023 is £11.2 million and the company has net assets of -£5 million. According to their latest financial statements, we estimate that Shotwick Solar Limited has 25 employees and maintains cash reserves of £2.9 million 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 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,198,691 | 18,403,821 | 11,016,705 | 7,403,910 | 8,495,144 | 6,903,503 | 6,490,671 | 4,490,792 | |||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 797,973 | 690,754 | 378,104 | 667,852 | 480,597 | 851,280 | 945,450 | 171,823 | |||
| Gross Profit | 10,400,718 | 17,713,067 | 10,638,601 | 6,736,058 | 8,014,547 | 6,052,223 | 5,545,221 | 4,318,969 | |||
| Admin Expenses | 3,454,317 | 3,372,549 | 3,569,895 | 3,451,097 | 3,516,443 | 3,474,061 | 3,433,610 | 2,507,282 | 393,629 | ||
| Operating Profit | 6,946,401 | 14,340,518 | 7,068,706 | 3,284,961 | 4,498,104 | 2,578,162 | 2,111,611 | 1,811,687 | -393,629 | ||
| Interest Payable | 5,800,543 | 5,787,092 | 5,784,451 | 5,726,370 | 5,790,921 | 3,496,413 | 5,788,195 | 4,181,991 | |||
| Interest Receivable | 25 | ||||||||||
| Pre-Tax Profit | 1,145,858 | 8,553,426 | 1,284,255 | -2,441,409 | -1,292,817 | -918,251 | -3,676,559 | -2,370,304 | -393,629 | ||
| Tax | -1,259,085 | -2,660,016 | -622,413 | -107,689 | -194,773 | -256,516 | 256,516 | ||||
| Profit After Tax | -113,227 | 5,893,410 | 661,842 | -2,549,098 | -1,487,590 | -1,174,767 | -3,420,043 | -2,370,304 | -393,629 | ||
| Dividends Paid | |||||||||||
| Retained Profit | -113,227 | 5,893,410 | 661,842 | -2,549,098 | -1,487,590 | -1,174,767 | -3,420,043 | -2,370,304 | -393,629 | ||
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* | 9,889,820 | 17,280,314 | 10,171,143 | 6,229,111 | 7,370,724 | 5,329,836 | 4,860,387 | 3,897,744 | -393,629 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,681,473 | 53,571,543 | 56,451,149 | 59,022,301 | 61,191,901 | 61,188,758 | 64,196,081 | 66,633,339 | 687,373 | ||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 50,681,473 | 53,571,543 | 56,451,149 | 59,022,301 | 61,191,901 | 61,188,758 | 64,196,081 | 66,633,339 | 687,373 | ||
| Stock & work in progress | 3,752 | ||||||||||
| Trade Debtors | 447,450 | 133,787 | 198,683 | 676,470 | 398,150 | 2,836,771 | |||||
| Group Debtors | 20,339,698 | 15,634,918 | 6,552,174 | 2,971,929 | 1,512,877 | 36,674 | 3,851,296 | ||||
| Misc Debtors | 1,308,407 | 1,200,071 | 1,068,472 | 851,203 | 1,158,853 | 559,615 | 543,065 | 2,598,803 | 85,756 | ||
| Cash | 2,924,524 | 3,819,381 | 3,168,955 | 667,927 | 1,355,070 | 1,144,900 | 200 | 242,003 | 3,115 | ||
| misc current assets | |||||||||||
| total current assets | 24,576,381 | 20,654,370 | 11,237,051 | 4,624,846 | 4,225,483 | 2,417,659 | 4,792,711 | 5,677,577 | 88,871 | ||
| total assets | 75,257,854 | 74,225,913 | 67,688,200 | 63,647,147 | 65,417,384 | 63,606,417 | 68,988,792 | 72,310,916 | 776,244 | ||
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 199,206 | 189,798 | 328,088 | 143,698 | 942,477 | 178,774 | 66,352 | 53,719,219 | |||
| Group/Directors Accounts | |||||||||||
| other short term finances | 70,353,194 | ||||||||||
| hp & lease commitments | 130,447 | 125,357 | 120,466 | 100,546 | |||||||
| other current liabilities | 2,696,678 | 2,061,685 | 3,854,699 | 1,146,853 | 194,773 | 858,028 | 4,426,571 | 21,355,530 | 1,169,773 | ||
| total current liabilities | 3,026,331 | 2,376,840 | 4,303,253 | 1,391,097 | 71,490,444 | 1,036,802 | 4,492,923 | 75,074,749 | 1,169,773 | ||
| loans | 147,725,264 | 147,986,158 | 7,270,484 | 6,596,374 | 5,546,346 | 139,856,516 | 141,359,490 | ||||
| hp & lease commitments | 3,379,438 | 3,509,885 | |||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 70,483,194 | 70,353,194 | |||||||||
| provisions | 6,644,394 | 5,392,146 | |||||||||
| total long term liabilities | 77,184,829 | 76,689,152 | 74,118,436 | 73,651,381 | 2,773,173 | 69,928,258 | 70,679,745 | ||||
| total liabilities | 80,211,160 | 79,065,992 | 78,421,689 | 75,042,478 | 74,263,617 | 70,965,060 | 75,172,668 | 75,074,749 | 1,169,773 | ||
| net assets | -4,953,306 | -4,840,079 | -10,733,489 | -11,395,331 | -8,846,233 | -7,358,643 | -6,183,876 | -2,763,833 | -393,529 | ||
| total shareholders funds | -4,953,306 | -4,840,079 | -10,733,489 | -11,395,331 | -8,846,233 | -7,358,643 | -6,183,876 | -2,763,833 | -393,529 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 6,946,401 | 14,340,518 | 7,068,706 | 3,284,961 | 4,498,104 | 2,578,162 | 2,111,611 | 1,811,687 | -393,629 | ||
| Depreciation | 2,943,419 | 2,939,796 | 3,102,437 | 2,944,150 | 2,872,620 | 2,751,674 | 2,748,776 | 2,086,057 | |||
| Amortisation | |||||||||||
| Tax | -1,259,085 | -2,660,016 | -622,413 | -107,689 | -194,773 | -256,516 | 256,516 | ||||
| Stock | 3,752 | ||||||||||
| Debtors | 4,813,116 | 8,766,893 | 4,111,177 | 1,086,506 | 1,597,654 | -3,519,752 | -643,063 | 5,349,818 | 85,756 | ||
| Creditors | 9,408 | -138,290 | 184,390 | -798,779 | 763,703 | 112,422 | -53,652,867 | 53,719,219 | |||
| Accruals and Deferred Income | 634,993 | -1,793,014 | 2,707,846 | 952,080 | -663,255 | -3,568,543 | -16,928,959 | 20,185,757 | 1,169,773 | ||
| Deferred Taxes & Provisions | 1,252,248 | 5,392,146 | |||||||||
| Cash flow from operations | 5,710,516 | 9,314,247 | 8,329,789 | 5,188,217 | 5,678,745 | 5,136,951 | -64,821,860 | 72,452,902 | |||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | -70,353,194 | 70,353,194 | |||||||||
| Long term loans | -260,894 | 140,715,674 | 674,110 | 1,050,028 | -134,310,170 | -1,502,974 | 141,359,490 | ||||
| Hire Purchase and Lease Commitments | -125,357 | 3,514,776 | 19,920 | 100,546 | |||||||
| other long term liabilities | -70,483,194 | 130,000 | 70,353,194 | ||||||||
| share issue | |||||||||||
| interest | -5,800,543 | -5,787,092 | -5,784,451 | -5,726,370 | -5,790,921 | -3,496,413 | -5,788,170 | -4,181,991 | |||
| cash flow from financing | -6,186,794 | 67,960,164 | -4,960,421 | -4,575,796 | -69,747,897 | -4,999,387 | 135,571,320 | -4,181,991 | 100 | ||
| cash and cash equivalents | |||||||||||
| cash | -894,857 | 650,426 | 2,501,028 | -687,143 | 210,170 | 1,144,700 | -241,803 | 238,888 | 3,115 | ||
| overdraft | |||||||||||
| change in cash | -894,857 | 650,426 | 2,501,028 | -687,143 | 210,170 | 1,144,700 | -241,803 | 238,888 | 3,115 |
shotwick solar limited Credit Report and Business Information
Shotwick Solar Limited Competitor Analysis
Perform a competitor analysis for shotwick solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
shotwick solar limited Ownership
SHOTWICK SOLAR LIMITED group structure
Shotwick Solar Limited has no subsidiary companies.
Ultimate parent company
FORESIGHT SOLAR FUND LIMITED
#0071202
2 parents
SHOTWICK SOLAR LIMITED
08362998
shotwick solar limited directors
Shotwick Solar Limited currently has 4 directors. The longest serving directors include Mr Graham Shaw (Feb 2017) and Mr Graham Shaw (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Shaw | England | 75 years | Feb 2017 | - | Director |
| Mr Graham Shaw | England | 75 years | Feb 2017 | - | Director |
| Mr Julian Elsworth | England | 47 years | Oct 2023 | - | Director |
| Mr David Goodwin | England | 37 years | May 2024 | - | Director |
P&L
December 2023turnover
11.2m
-39%
operating profit
6.9m
-52%
gross margin
92.9%
-3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5m
+0.02%
total assets
75.3m
+0.01%
cash
2.9m
-0.23%
net assets
Total assets minus all liabilities
shotwick solar limited company details
company number
08362998
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
atem solar limited (March 2017)
accountant
-
auditor
-
address
c/o foresight group llp, the shard, london, SE1 9SG
Bank
-
Legal Advisor
-
shotwick 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 2 charges/mortgages relating to shotwick solar limited. Currently there are 1 open charges and 1 have been satisfied in the past.
shotwick 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 SHOTWICK SOLAR LIMITED. This can take several minutes, an email will notify you when this has completed.
shotwick solar limited Companies House Filings - See Documents
| date | description | view/download |
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