gatesway solar limited

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gatesway solar limited Company Information

Share GATESWAY SOLAR LIMITED

Company Number

08824424

Shareholders

rupert gates

anita gates

Group Structure

View All

Industry

Production of electricity

 

Registered Address

57/59 hatfield road, potters bar, herts, EN6 1HS

Website

-

gatesway solar limited Estimated Valuation

£200.5k

Pomanda estimates the enterprise value of GATESWAY SOLAR LIMITED at £200.5k based on a Turnover of £145.7k and 1.38x industry multiple (adjusted for size and gross margin).

gatesway solar limited Estimated Valuation

£2.5k

Pomanda estimates the enterprise value of GATESWAY SOLAR LIMITED at £2.5k based on an EBITDA of £649 and a 3.91x industry multiple (adjusted for size and gross margin).

gatesway solar limited Estimated Valuation

£26.9k

Pomanda estimates the enterprise value of GATESWAY SOLAR LIMITED at £26.9k based on Net Assets of £10.2k and 2.63x industry multiple (adjusted for liquidity).

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Gatesway Solar Limited Overview

Gatesway Solar Limited is a live company located in herts, EN6 1HS with a Companies House number of 08824424. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2013, it's largest shareholder is rupert gates with a 50% stake. Gatesway Solar Limited is a established, micro sized company, Pomanda has estimated its turnover at £145.7k with low growth in recent years.

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Gatesway Solar Limited Health Check

Pomanda's financial health check has awarded Gatesway Solar Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £145.7k, make it smaller than the average company (£1.8m)

£145.7k - Gatesway Solar Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.8%)

3% - Gatesway Solar Limited

10.8% - Industry AVG

production

Production

with a gross margin of 50.1%, this company has a higher cost of product (71%)

50.1% - Gatesway Solar Limited

71% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (51.1%)

0.5% - Gatesway Solar Limited

51.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Gatesway Solar Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)

£78.6k - Gatesway Solar Limited

£78.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.8k, this is less efficient (£450.3k)

£72.8k - Gatesway Solar Limited

£450.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (16 days)

11 days - Gatesway Solar Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (21 days)

12 days - Gatesway Solar Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gatesway Solar Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Gatesway Solar Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (89.9%)

20.2% - Gatesway Solar Limited

89.9% - Industry AVG

GATESWAY SOLAR LIMITED financials

EXPORTms excel logo

Gatesway Solar Limited's latest turnover from December 2023 is estimated at £145.7 thousand and the company has net assets of £10.2 thousand. According to their latest financial statements, Gatesway Solar Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover145,678112,264105,641132,457133,80541,66139,98441,46763,721296,972
Other Income Or Grants
Cost Of Sales72,68960,45662,82779,43877,43824,88926,37127,71341,757209,253
Gross Profit72,98951,80842,81453,01956,36616,77313,61313,75521,96487,720
Admin Expenses72,34041,66737,35850,75553,77014,64511,68011,78813,204106,422
Operating Profit64910,1415,4562,2642,5962,1281,9331,9678,760-18,702
Interest Payable
Interest Receivable1122
Pre-Tax Profit64910,1415,4562,2642,5962,1281,9331,9688,763-18,700
Tax-162-1,927-1,037-430-493-404-367-393-1,752
Profit After Tax4878,2144,4191,8342,1031,7241,5661,5747,010-18,700
Dividends Paid
Retained Profit4878,2144,4191,8342,1031,7241,5661,5747,010-18,700
Employee Costs157,172145,515139,571137,216131,60065,55664,13564,24963,42961,118
Number Of Employees2222211111
EBITDA*64910,1415,4562,2642,5962,1281,9331,96720,628-6,938

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets8,38114,31726,18738,05748,42860,29672,16483,18695,055105,885
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,38114,31726,18738,05748,42860,29672,16483,18695,055105,885
Stock & work in progress
Trade Debtors4,4341,70423950922186847214098
Group Debtors
Misc Debtors
Cash266249652
misc current assets
total current assets4,4341,704239509221868472406347652
total assets12,81516,02126,42638,56648,64961,16472,63683,59295,402106,537
Bank overdraft
Bank loan
Trade Creditors 2,5846,27724,89641,45553,37267,99081,18693,708106,992125,137
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,5846,27724,89641,45553,37267,99081,18693,708106,992125,137
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,5846,27724,89641,45553,37267,99081,18693,708106,992125,137
net assets10,2319,7441,530-2,889-4,723-6,826-8,550-10,116-11,590-18,600
total shareholders funds10,2319,7441,530-2,889-4,723-6,826-8,550-10,116-11,590-18,600
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit64910,1415,4562,2642,5962,1281,9331,9678,760-18,702
Depreciation11,86811,764
Amortisation
Tax-162-1,927-1,037-430-493-404-367-393-1,752
Stock
Debtors2,7301,465-270288-6473963324298
Creditors-3,693-18,619-16,559-11,917-14,618-13,196-12,522-13,284-18,145125,137
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-5,936-11,870-11,870-10,371-11,868-11,868-11,288-11,752633118,199
Investing Activities
capital expenditure5,93611,87011,87010,37111,86811,86811,02211,869-1,038-117,649
Change in Investments
cash flow from investments5,93611,87011,87010,37111,86811,86811,02211,869-1,038-117,649
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest1122
cash flow from financing1-992102
cash and cash equivalents
cash-26617-403652
overdraft
change in cash-26617-403652

gatesway solar limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gatesway Solar Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gatesway solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in EN6 area or any other competitors across 12 key performance metrics.

gatesway solar limited Ownership

GATESWAY SOLAR LIMITED group structure

Gatesway Solar Limited has no subsidiary companies.

Ultimate parent company

GATESWAY SOLAR LIMITED

08824424

GATESWAY SOLAR LIMITED Shareholders

rupert gates 50%
anita gates 50%

gatesway solar limited directors

Gatesway Solar Limited currently has 2 directors. The longest serving directors include Mrs Anita Gates (Dec 2013) and Mr Rupert Gates (Dec 2013).

officercountryagestartendrole
Mrs Anita GatesUnited Kingdom57 years Dec 2013- Director
Mr Rupert GatesUnited Kingdom62 years Dec 2013- Director

P&L

December 2023

turnover

145.7k

+30%

operating profit

649.3

0%

gross margin

50.2%

+8.57%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.2k

+0.05%

total assets

12.8k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

gatesway solar limited company details

company number

08824424

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

December 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

57/59 hatfield road, potters bar, herts, EN6 1HS

Bank

-

Legal Advisor

-

gatesway 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 did not find charges/mortgages relating to gatesway solar limited.

gatesway 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.

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gatesway solar limited Companies House Filings - See Documents

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