wheb european solar (uk) 3 limited
wheb european solar (uk) 3 limited Company Information
Company Number
08448127
Next Accounts
Dec 2025
Shareholders
nextenergy solar holdings iii limited
Group Structure
View All
Industry
Production of electricity
Registered Address
5th floor, north side, 7/10 chandos street, london, W1G 9DQ
Website
nextenergysolarfund.comwheb european solar (uk) 3 limited Estimated Valuation
Pomanda estimates the enterprise value of WHEB EUROPEAN SOLAR (UK) 3 LIMITED at £4.5m based on a Turnover of £2.5m and 1.81x industry multiple (adjusted for size and gross margin).
wheb european solar (uk) 3 limited Estimated Valuation
Pomanda estimates the enterprise value of WHEB EUROPEAN SOLAR (UK) 3 LIMITED at £8.3m based on an EBITDA of £1.6m and a 5.14x industry multiple (adjusted for size and gross margin).
wheb european solar (uk) 3 limited Estimated Valuation
Pomanda estimates the enterprise value of WHEB EUROPEAN SOLAR (UK) 3 LIMITED at £5.5m based on Net Assets of £2.1m and 2.63x industry multiple (adjusted for liquidity).
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Wheb European Solar (uk) 3 Limited Overview
Wheb European Solar (uk) 3 Limited is a live company located in london, W1G 9DQ with a Companies House number of 08448127. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2013, it's largest shareholder is nextenergy solar holdings iii limited with a 100% stake. Wheb European Solar (uk) 3 Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Wheb European Solar (uk) 3 Limited Health Check
Pomanda's financial health check has awarded Wheb European Solar (Uk) 3 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £2.5m, make it larger than the average company (£1.7m)
£2.5m - Wheb European Solar (uk) 3 Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (11.6%)
8% - Wheb European Solar (uk) 3 Limited
11.6% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - Wheb European Solar (uk) 3 Limited
67.3% - Industry AVG
Profitability
an operating margin of 41.8% make it as profitable than the average company (48.7%)
41.8% - Wheb European Solar (uk) 3 Limited
48.7% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Wheb European Solar (uk) 3 Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Wheb European Solar (uk) 3 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£446.6k)
£1.3m - Wheb European Solar (uk) 3 Limited
£446.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wheb European Solar (uk) 3 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (20 days)
5 days - Wheb European Solar (uk) 3 Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wheb European Solar (uk) 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Wheb European Solar (uk) 3 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.2%, this is a lower level of debt than the average (86.8%)
73.2% - Wheb European Solar (uk) 3 Limited
86.8% - Industry AVG
WHEB EUROPEAN SOLAR (UK) 3 LIMITED financials
Wheb European Solar (Uk) 3 Limited's latest turnover from March 2024 is £2.5 million and the company has net assets of £2.1 million. According to their latest financial statements, Wheb European Solar (Uk) 3 Limited has 2 employees and maintains cash reserves of £205.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,502,886 | 2,233,345 | 1,762,291 | 2,010,167 | 2,054,146 | 1,826,731 | 1,354,960 | 1,430,411 | 1,365,269 | 1,349,283 | 654 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 962,616 | 19,056 | |||||||||
| Gross Profit | 386,667 | -18,402 | |||||||||
| Admin Expenses | 82,925 | 33,899 | |||||||||
| Operating Profit | 1,046,482 | 874,111 | 699,757 | 685,177 | 766,483 | 480,580 | 56,746 | 269,946 | 110,951 | 303,742 | -52,301 |
| Interest Payable | 234,895 | 290,307 | 334,651 | 372,054 | 398,368 | 53,099 | 170,016 | 462,620 | 479,569 | 483,114 | 146,334 |
| Interest Receivable | 1,657 | 404 | 55 | ||||||||
| Pre-Tax Profit | 808,223 | 581,364 | 438,251 | 278,610 | 334,581 | 424,344 | -74,217 | -258,188 | -369,768 | -178,968 | -197,596 |
| Tax | -85,379 | -84,809 | -28,365 | 27,347 | -6,832 | -86,351 | 15,194 | 8,451 | 62,706 | ||
| Profit After Tax | 722,844 | 496,555 | 409,886 | 305,957 | 327,749 | 424,344 | -74,217 | -344,539 | -354,574 | -170,517 | -134,890 |
| Dividends Paid | |||||||||||
| Retained Profit | 722,844 | 496,555 | 409,886 | 305,957 | 327,749 | 424,344 | -74,217 | -344,539 | -354,574 | -170,517 | -134,890 |
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | |||||||
| EBITDA* | 1,611,665 | 1,440,715 | 1,270,586 | 1,260,011 | 1,341,317 | 1,055,414 | 645,806 | 919,388 | 738,344 | 929,953 | -50,645 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,220,102 | 7,827,240 | 8,465,680 | 9,108,314 | 9,683,148 | 10,257,982 | 10,585,576 | 11,619,974 | 11,147,113 | 11,896,361 | 12,090,109 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 86,351 | ||||||||||
| Total Fixed Assets | 7,220,102 | 7,827,240 | 8,465,680 | 9,108,314 | 9,683,148 | 10,257,982 | 10,585,576 | 11,619,974 | 11,233,464 | 11,896,361 | 12,090,109 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 63,276 | 21,064 | 303,404 | 157,456 | 228,635 | ||||||
| Group Debtors | 108 | 24,000 | |||||||||
| Misc Debtors | 381,867 | 365,025 | 381,164 | 348,886 | 503,764 | 313,789 | 207,867 | 282,595 | 338,451 | 567,075 | 595,600 |
| Cash | 205,145 | 419,264 | 591,451 | 632,016 | 624,898 | 580,477 | 477,467 | 1,197,551 | 867,559 | 508,955 | 1,717,175 |
| misc current assets | |||||||||||
| total current assets | 587,012 | 784,289 | 972,615 | 1,044,178 | 1,128,662 | 894,266 | 706,398 | 1,783,550 | 1,363,574 | 1,304,665 | 2,336,775 |
| total assets | 7,807,114 | 8,611,529 | 9,438,295 | 10,152,492 | 10,811,810 | 11,152,248 | 11,291,974 | 13,403,524 | 12,597,038 | 13,201,026 | 14,426,884 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 11,281 | 9,604 | 47,131 | 154,132 | 137,147 | 140,894 | 164,284 | 243,568 | 167,718 | 102,320 | 445,356 |
| Group/Directors Accounts | 4,651,798 | 6,045,640 | 7,311,978 | 8,066,012 | 8,786,455 | 9,648,750 | 10,411,026 | 456,637 | 244,017 | ||
| other short term finances | 249,449 | 145,350 | |||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 254,623 | 287,972 | 238,032 | 356,130 | 652,460 | 488,139 | 516,920 | 330,949 | 406,211 | 357,631 | 964,168 |
| total current liabilities | 4,917,702 | 6,343,216 | 7,597,141 | 8,576,274 | 9,576,062 | 10,277,783 | 11,092,230 | 1,031,154 | 817,946 | 709,400 | 1,554,874 |
| loans | 11,614,018 | 11,864,018 | 12,314,018 | 12,314,018 | |||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 208,882 | ||||||||||
| provisions | 797,799 | 899,544 | 968,940 | 1,113,890 | 1,079,377 | 1,045,843 | 795,466 | 1,279,857 | 92,040 | ||
| total long term liabilities | 797,799 | 899,544 | 968,940 | 1,113,890 | 1,079,377 | 1,045,843 | 795,466 | 12,893,875 | 11,956,058 | 12,314,018 | 12,522,900 |
| total liabilities | 5,715,501 | 7,242,760 | 8,566,081 | 9,690,164 | 10,655,439 | 11,323,626 | 11,887,696 | 13,925,029 | 12,774,004 | 13,023,418 | 14,077,774 |
| net assets | 2,091,613 | 1,368,769 | 872,214 | 462,328 | 156,371 | -171,378 | -595,722 | -521,505 | -176,966 | 177,608 | 349,110 |
| total shareholders funds | 2,091,613 | 1,368,769 | 872,214 | 462,328 | 156,371 | -171,378 | -595,722 | -521,505 | -176,966 | 177,608 | 349,110 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 1,046,482 | 874,111 | 699,757 | 685,177 | 766,483 | 480,580 | 56,746 | 269,946 | 110,951 | 303,742 | -52,301 |
| Depreciation | 565,183 | 566,604 | 570,829 | 574,834 | 574,834 | 574,834 | 589,060 | 649,442 | 627,393 | 626,211 | 1,656 |
| Amortisation | |||||||||||
| Tax | -85,379 | -84,809 | -28,365 | 27,347 | -6,832 | -86,351 | 15,194 | 8,451 | 62,706 | ||
| Stock | |||||||||||
| Debtors | 16,842 | -16,139 | -30,998 | -91,602 | 189,975 | 84,858 | -357,068 | 3,633 | -213,344 | 176,110 | 619,600 |
| Creditors | 1,677 | -37,527 | -107,001 | 16,985 | -3,747 | -23,390 | -79,284 | 75,850 | 65,398 | -343,036 | 445,356 |
| Accruals and Deferred Income | -33,349 | 49,940 | -118,098 | -296,330 | 164,321 | -28,781 | 185,971 | -75,262 | 48,580 | -606,537 | 964,168 |
| Deferred Taxes & Provisions | -101,745 | -69,396 | -144,950 | 34,513 | 33,534 | 250,377 | -484,391 | 1,187,817 | 92,040 | ||
| Cash flow from operations | 1,376,027 | 1,315,062 | 903,170 | 1,134,128 | 1,338,618 | 1,168,762 | 625,170 | 2,017,809 | 1,172,900 | -187,279 | 801,985 |
| Investing Activities | |||||||||||
| capital expenditure | 228,180 | ||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | 228,180 | ||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -1,393,842 | -1,266,338 | -754,034 | -720,443 | -862,295 | -762,276 | 9,954,389 | 212,620 | 244,017 | ||
| Other Short Term Loans | -249,449 | 104,099 | 145,350 | ||||||||
| Long term loans | -11,614,018 | -250,000 | -450,000 | 12,314,018 | |||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -208,882 | 208,882 | |||||||||
| share issue | |||||||||||
| interest | -234,895 | -290,307 | -334,651 | -372,054 | -398,368 | -53,099 | -170,016 | -462,620 | -477,912 | -482,710 | -146,279 |
| cash flow from financing | -1,628,737 | -1,556,645 | -1,088,685 | -1,092,497 | -1,260,663 | -815,375 | -1,829,645 | -500,000 | -933,344 | -588,478 | 13,005,971 |
| cash and cash equivalents | |||||||||||
| cash | -214,119 | -172,187 | -40,565 | 7,118 | 44,421 | 103,010 | -720,084 | 329,992 | 358,604 | -1,208,220 | 1,717,175 |
| overdraft | |||||||||||
| change in cash | -214,119 | -172,187 | -40,565 | 7,118 | 44,421 | 103,010 | -720,084 | 329,992 | 358,604 | -1,208,220 | 1,717,175 |
wheb european solar (uk) 3 limited Credit Report and Business Information
Wheb European Solar (uk) 3 Limited Competitor Analysis
Perform a competitor analysis for wheb european solar (uk) 3 limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in W1G area or any other competitors across 12 key performance metrics.
wheb european solar (uk) 3 limited Ownership
WHEB EUROPEAN SOLAR (UK) 3 LIMITED group structure
Wheb European Solar (Uk) 3 Limited has no subsidiary companies.
Ultimate parent company
2 parents
WHEB EUROPEAN SOLAR (UK) 3 LIMITED
08448127
wheb european solar (uk) 3 limited directors
Wheb European Solar (Uk) 3 Limited currently has 2 directors. The longest serving directors include Mr Enrico Corazza (Aug 2017) and Mrs Sulwen Vaughan (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Enrico Corazza | United Kingdom | 47 years | Aug 2017 | - | Director |
| Mrs Sulwen Vaughan | United Kingdom | 67 years | Aug 2017 | - | Director |
P&L
March 2024turnover
2.5m
+12%
operating profit
1m
+20%
gross margin
67.3%
-2.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.1m
+0.53%
total assets
7.8m
-0.09%
cash
205.1k
-0.51%
net assets
Total assets minus all liabilities
wheb european solar (uk) 3 limited company details
company number
08448127
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG CHANNEL ISLANDS LIMITED
address
5th floor, north side, 7/10 chandos street, london, W1G 9DQ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
wheb european solar (uk) 3 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 did not find charges/mortgages relating to wheb european solar (uk) 3 limited.
wheb european solar (uk) 3 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.
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wheb european solar (uk) 3 limited Companies House Filings - See Documents
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