canopus solar limited
canopus solar limited Company Information
Company Number
08451806
Next Accounts
Mar 2025
Shareholders
foresight solar & technology vct plc
velanidia
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
the peak 5 wilton road, london, SW1V 1AN
Website
-canopus solar limited Estimated Valuation
Pomanda estimates the enterprise value of CANOPUS SOLAR LIMITED at £1.1m based on a Turnover of £1.2m and 0.95x industry multiple (adjusted for size and gross margin).
canopus solar limited Estimated Valuation
Pomanda estimates the enterprise value of CANOPUS SOLAR LIMITED at £22.9m based on an EBITDA of £3m and a 7.53x industry multiple (adjusted for size and gross margin).
canopus solar limited Estimated Valuation
Pomanda estimates the enterprise value of CANOPUS SOLAR LIMITED at £3.3m based on Net Assets of £1.5m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Canopus Solar Limited Overview
Canopus Solar Limited is a dissolved company that was located in london, SW1V 1AN with a Companies House number of 08451806. It operated in the activities of head offices sector, SIC Code 70100. Founded in March 2013, it's largest shareholder was foresight solar & technology vct plc with a 49% stake. The last turnover for Canopus Solar Limited was estimated at £1.2m.
Upgrade for unlimited company reports & a free credit check
Canopus Solar Limited Health Check
Pomanda's financial health check has awarded Canopus Solar Limited a 3.5 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
2 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£17.2m)
£1.2m - Canopus Solar Limited
£17.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (1.6%)
32% - Canopus Solar Limited
1.6% - Industry AVG
Production
with a gross margin of 90.7%, this company has a lower cost of product (32.5%)
90.7% - Canopus Solar Limited
32.5% - Industry AVG
Profitability
an operating margin of 236.6% make it more profitable than the average company (6.2%)
236.6% - Canopus Solar Limited
6.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (109)
- Canopus Solar Limited
109 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Canopus Solar Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £168k, this is equally as efficient (£172.9k)
- Canopus Solar Limited
£172.9k - Industry AVG
Debtor Days
it gets paid by customers after 486 days, this is later than average (47 days)
486 days - Canopus Solar Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 180 days, this is slower than average (47 days)
180 days - Canopus Solar Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Canopus Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)
1 weeks - Canopus Solar Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.4%, this is a higher level of debt than the average (57.6%)
83.4% - Canopus Solar Limited
57.6% - Industry AVG
CANOPUS SOLAR LIMITED financials
Canopus Solar Limited's latest turnover from March 2022 is £1.2 million and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Canopus Solar Limited has 7 employees and maintains cash reserves of £28.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,176,335 | 749,146 | 750,478 | 507,565 | 318,335 | 300,087 | 276,305 | 58,283 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 109,502 | 106,080 | 61,580 | 77,221 | 61,847 | 59,643 | 57,004 | 13,817 | |
| Gross Profit | 1,066,833 | 643,066 | 688,898 | 430,344 | 256,488 | 240,444 | 219,301 | 44,466 | |
| Admin Expenses | -1,716,596 | 1,137,019 | 1,378,141 | 404,420 | 92,047 | 155,735 | 162,015 | 171,815 | |
| Operating Profit | 2,783,429 | -493,953 | -689,243 | 25,924 | 164,441 | 84,709 | 57,286 | -127,349 | |
| Interest Payable | 139,246 | 169,183 | 310,879 | 118,304 | 91,133 | 103,143 | 129,755 | 103,884 | |
| Interest Receivable | 193,083 | ||||||||
| Pre-Tax Profit | 2,644,183 | -663,136 | -1,000,122 | -92,380 | 73,308 | -18,434 | -72,469 | -38,150 | |
| Tax | -380,025 | 72,218 | -40,713 | -73,246 | |||||
| Profit After Tax | 2,264,158 | -590,918 | -1,040,835 | -165,626 | 73,308 | -18,434 | -72,469 | -38,150 | |
| Dividends Paid | |||||||||
| Retained Profit | 2,264,158 | -590,918 | -1,040,835 | -165,626 | 73,308 | -18,434 | -72,469 | -38,150 | |
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | 3,036,438 | -240,944 | -436,234 | 232,913 | 307,491 | 226,978 | 200,142 | -75,792 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,711,342 | 5,877,104 | 4,274,840 | 5,557,440 | 3,084,320 | 4,727,526 | 4,869,795 | 5,012,651 | |
| Intangible Assets | |||||||||
| Investments & Other | 593,914 | 593,914 | 1,500,156 | 1,500,156 | 1,500,156 | 1,500,156 | |||
| Debtors (Due After 1 year) | 196,883 | ||||||||
| Total Fixed Assets | 7,711,342 | 5,877,104 | 4,274,840 | 5,557,440 | 3,084,320 | 4,727,526 | 4,869,795 | 5,012,651 | 1,500,156 |
| Stock & work in progress | |||||||||
| Trade Debtors | 1,568,354 | 717,849 | 315,151 | 160,116 | 47,094 | 209,248 | 43,900 | 3,072,273 | |
| Group Debtors | 161,482 | 854,206 | 959,800 | 522,935 | |||||
| Misc Debtors | 89,080 | 9,746 | 42,106 | 13,952 | |||||
| Cash | 28,736 | 28,207 | 46,661 | 281,507 | 74,372 | 5,028 | 6,906 | ||
| misc current assets | |||||||||
| total current assets | 1,597,090 | 907,538 | 1,216,018 | 1,490,503 | 84,118 | 94,228 | 216,154 | 580,787 | 3,072,273 |
| total assets | 9,308,432 | 6,784,642 | 5,490,858 | 7,047,943 | 3,168,438 | 4,821,754 | 5,085,949 | 5,593,438 | 4,572,429 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 54,132 | 34,072 | 762 | 72,934 | 5,701 | 2,402 | 749 | 284,691 | |
| Group/Directors Accounts | |||||||||
| other short term finances | 597,600 | 597,600 | 597,600 | 690,000 | 685,000 | ||||
| hp & lease commitments | |||||||||
| other current liabilities | 879,237 | 669,963 | 472,500 | 693,853 | 73,861 | 459,108 | 136,427 | 71,623 | |
| total current liabilities | 933,369 | 704,035 | 473,262 | 1,364,387 | 677,162 | 1,059,110 | 827,176 | 756,623 | 284,691 |
| loans | 8,143,359 | 8,349,506 | 6,462,490 | 4,533,374 | 1,175,468 | 2,520,144 | 2,997,839 | 3,503,412 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 2,916,185 | ||||||||
| provisions | 473,554 | ||||||||
| total long term liabilities | 6,825,564 | 6,795,265 | 4,908,249 | 4,533,374 | 1,175,468 | 2,520,144 | 2,997,839 | 3,503,412 | 2,916,185 |
| total liabilities | 7,758,933 | 7,499,300 | 5,381,511 | 5,897,761 | 1,852,630 | 3,579,254 | 3,825,015 | 4,260,035 | 3,200,876 |
| net assets | 1,549,499 | -714,658 | 109,347 | 1,150,182 | 1,315,808 | 1,242,500 | 1,260,934 | 1,333,403 | 1,371,553 |
| total shareholders funds | 1,549,499 | -714,658 | 109,347 | 1,150,182 | 1,315,808 | 1,242,500 | 1,260,934 | 1,333,403 | 1,371,553 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,783,429 | -493,953 | -689,243 | 25,924 | 164,441 | 84,709 | 57,286 | -127,349 | |
| Depreciation | 253,009 | 253,009 | 253,009 | 206,989 | 143,050 | 142,269 | 142,856 | 51,557 | |
| Amortisation | |||||||||
| Tax | -380,025 | 72,218 | -40,713 | -73,246 | |||||
| Stock | |||||||||
| Debtors | 885,906 | -290,026 | -39,639 | 1,199,250 | -79,454 | -120,048 | -371,539 | -2,491,486 | 3,072,273 |
| Creditors | 20,060 | 33,310 | -72,172 | 67,233 | 3,299 | 1,653 | 749 | -284,691 | 284,691 |
| Accruals and Deferred Income | 209,274 | 197,463 | -221,353 | 619,992 | -385,247 | 322,681 | 64,804 | 71,623 | |
| Deferred Taxes & Provisions | 473,554 | ||||||||
| Cash flow from operations | 2,473,395 | 352,073 | -730,833 | -352,358 | 4,997 | 671,360 | 637,234 | 2,202,626 | |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 593,914 | -1,500,156 | 1,500,156 | ||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | -597,600 | -92,400 | 5,000 | 685,000 | |||||
| Long term loans | -206,147 | 1,887,016 | 1,929,116 | 3,357,906 | -1,344,676 | -477,695 | -505,573 | 3,503,412 | |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -2,916,185 | 2,916,185 | |||||||
| share issue | |||||||||
| interest | -139,246 | -169,183 | -310,879 | -118,304 | -91,133 | -103,143 | -129,755 | 89,199 | |
| cash flow from financing | -345,394 | 1,484,746 | 1,020,637 | 3,239,602 | -1,435,809 | -673,238 | -630,328 | 1,361,426 | |
| cash and cash equivalents | |||||||||
| cash | 529 | -18,454 | -234,846 | 207,135 | 69,344 | -1,878 | 6,906 | ||
| overdraft | |||||||||
| change in cash | 529 | -18,454 | -234,846 | 207,135 | 69,344 | -1,878 | 6,906 |
canopus solar limited Credit Report and Business Information
Canopus Solar Limited Competitor Analysis
Perform a competitor analysis for canopus solar limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SW1V area or any other competitors across 12 key performance metrics.
canopus solar limited Ownership
CANOPUS SOLAR LIMITED group structure
Canopus Solar Limited has 1 subsidiary company.
Ultimate parent company
1 parent
CANOPUS SOLAR LIMITED
08451806
1 subsidiary
canopus solar limited directors
Canopus Solar Limited currently has 5 directors. The longest serving directors include Mr Ralph Nash (Feb 2023) and Mr Jamie Kerle (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ralph Nash | United Kingdom | 37 years | Feb 2023 | - | Director |
| Mr Jamie Kerle | England | 37 years | Feb 2023 | - | Director |
| Mr Lee Moscovitch | Northern Ireland | 48 years | Feb 2023 | - | Director |
| Mr Sajeel Joshi | England | 34 years | Feb 2023 | - | Director |
| Mr Matthew Yard | Northern Ireland | 45 years | Feb 2023 | - | Director |
P&L
March 2022turnover
1.2m
+57%
operating profit
2.8m
-664%
gross margin
90.7%
+5.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
1.5m
-3.17%
total assets
9.3m
+0.37%
cash
28.7k
+0.02%
net assets
Total assets minus all liabilities
canopus solar limited company details
company number
08451806
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
the peak 5 wilton road, london, SW1V 1AN
Bank
-
Legal Advisor
-
canopus 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 1 charges/mortgages relating to canopus solar limited. Currently there are 0 open charges and 1 have been satisfied in the past.
canopus 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 CANOPUS SOLAR LIMITED. This can take several minutes, an email will notify you when this has completed.
canopus solar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
