powerlink renewable assets limited Company Information
Company Number
08914992
Next Accounts
13 days late
Industry
Production of electricity
Activities of head offices
Directors
Shareholders
seeit holdco limited
Group Structure
View All
Contact
Registered Address
237 southwark bridge road, london, SE1 6NP
Website
www.unitedutilities.compowerlink renewable assets limited Estimated Valuation
Pomanda estimates the enterprise value of POWERLINK RENEWABLE ASSETS LIMITED at £15.5m based on a Turnover of £9.2m and 1.69x industry multiple (adjusted for size and gross margin).
powerlink renewable assets limited Estimated Valuation
Pomanda estimates the enterprise value of POWERLINK RENEWABLE ASSETS LIMITED at £47.6m based on an EBITDA of £6.8m and a 7.05x industry multiple (adjusted for size and gross margin).
powerlink renewable assets limited Estimated Valuation
Pomanda estimates the enterprise value of POWERLINK RENEWABLE ASSETS LIMITED at £5.3m based on Net Assets of £2.2m and 2.39x industry multiple (adjusted for liquidity).
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Powerlink Renewable Assets Limited Overview
Powerlink Renewable Assets Limited is a live company located in london, SE1 6NP with a Companies House number of 08914992. It operates in the production of electricity sector, SIC Code 35110. Founded in February 2014, it's largest shareholder is seeit holdco limited with a 100% stake. Powerlink Renewable Assets Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.2m with healthy growth in recent years.
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Powerlink Renewable Assets Limited Health Check
Pomanda's financial health check has awarded Powerlink Renewable Assets Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £9.2m, make it in line with the average company (£10.2m)
£9.2m - Powerlink Renewable Assets Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.9%)
11% - Powerlink Renewable Assets Limited
5.9% - Industry AVG
Production
with a gross margin of 94.8%, this company has a lower cost of product (51.2%)
94.8% - Powerlink Renewable Assets Limited
51.2% - Industry AVG
Profitability
an operating margin of 44.5% make it more profitable than the average company (26.4%)
44.5% - Powerlink Renewable Assets Limited
26.4% - Industry AVG
Employees
with 36 employees, this is below the industry average (56)
- Powerlink Renewable Assets Limited
56 - Industry AVG
Pay Structure
on an average salary of £7.7k, the company has a lower pay structure (£59k)
- Powerlink Renewable Assets Limited
£59k - Industry AVG
Efficiency
resulting in sales per employee of £254.4k, this is equally as efficient (£298.2k)
- Powerlink Renewable Assets Limited
£298.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Powerlink Renewable Assets Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 396 days, this is slower than average (33 days)
396 days - Powerlink Renewable Assets Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Powerlink Renewable Assets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Powerlink Renewable Assets Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (73.3%)
96.7% - Powerlink Renewable Assets Limited
73.3% - Industry AVG
POWERLINK RENEWABLE ASSETS LIMITED financials
Powerlink Renewable Assets Limited's latest turnover from March 2023 is £9.2 million and the company has net assets of £2.2 million. According to their latest financial statements, we estimate that Powerlink Renewable Assets Limited has 36 employees and maintains cash reserves of £818 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 9,160,000 | 8,668,000 | 7,503,000 | 6,734,000 | 5,753,000 | 4,843,000 | 3,316,000 | 793,132 | 27,120 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 477,000 | 112,000 | 152,000 | 137,000 | 129,000 | 105,000 | 103,000 | 18,378 | 0 |
Gross Profit | 8,683,000 | 8,556,000 | 7,351,000 | 6,597,000 | 5,624,000 | 4,738,000 | 3,213,000 | 774,754 | 27,120 |
Admin Expenses | 4,605,000 | 4,564,000 | 4,641,000 | 4,587,000 | 3,973,000 | 4,036,000 | 3,245,000 | 1,895,975 | 779,228 |
Operating Profit | 4,078,000 | 3,992,000 | 2,710,000 | 2,010,000 | 1,651,000 | 702,000 | -32,000 | -1,121,221 | -752,108 |
Interest Payable | 2,137,000 | 1,000,000 | 1,039,000 | 1,410,000 | 1,233,000 | 939,000 | 768,000 | 197,228 | 5,336 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 1,941,000 | 2,992,000 | 1,671,000 | 600,000 | 418,000 | -237,000 | -800,000 | -1,318,449 | -757,444 |
Tax | -814,000 | -1,783,000 | -355,000 | -426,000 | -116,000 | 414,000 | 303,000 | 335,582 | 151,119 |
Profit After Tax | 1,127,000 | 1,209,000 | 1,316,000 | 174,000 | 302,000 | 177,000 | -497,000 | -982,867 | -606,325 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 1,127,000 | 1,209,000 | 1,316,000 | 174,000 | 302,000 | 177,000 | -497,000 | -982,867 | -606,325 |
Employee Costs | 277,000 | 0 | 0 | 0 | 0 | 0 | 828,000 | 528,458 | 337,492 |
Number Of Employees | 4 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | |
EBITDA* | 6,751,000 | 6,709,000 | 5,742,000 | 4,783,000 | 3,865,000 | 2,538,000 | -32,000 | -1,121,221 | -752,108 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 62,303,000 | 64,957,000 | 66,071,000 | 65,497,000 | 59,117,000 | 55,011,000 | 47,768,000 | 37,571,635 | 5,908,463 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 62,303,000 | 64,957,000 | 66,071,000 | 65,497,000 | 59,117,000 | 55,011,000 | 47,768,000 | 37,571,635 | 5,908,463 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,368,000 | 1,475,000 | 425,313 | 9,350 |
Group Debtors | 361,000 | 224,000 | 2,656,000 | 0 | 467,000 | 3,399,000 | 2,223,000 | 0 | 0 |
Misc Debtors | 3,059,000 | 3,393,000 | 3,390,000 | 3,654,000 | 2,393,000 | 563,000 | 584,000 | 1,083,363 | 281,255 |
Cash | 818,000 | 0 | 0 | 88,000 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,238,000 | 3,617,000 | 6,046,000 | 3,742,000 | 2,860,000 | 5,330,000 | 4,282,000 | 1,508,676 | 290,605 |
total assets | 66,541,000 | 68,574,000 | 72,117,000 | 69,239,000 | 61,977,000 | 60,341,000 | 52,050,000 | 39,080,311 | 6,199,068 |
Bank overdraft | 0 | 11,000 | 281,000 | 11,000 | 839,000 | 0 | 0 | 61,959 | 146,870 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 518,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 56,246,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 61,000 | 58,000 | 8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 760,000 | 61,283,000 | 68,148,000 | 70,207,000 | 62,259,000 | 61,613,000 | 52,791,000 | 39,854,093 | 6,519,941 |
total current liabilities | 57,585,000 | 61,352,000 | 68,437,000 | 70,226,000 | 63,098,000 | 61,613,000 | 52,791,000 | 39,916,052 | 6,666,811 |
loans | 0 | 2,322,000 | 262,000 | 272,000 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 1,104,000 | 1,161,000 | 131,000 | 136,000 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 261,000 | 310,000 | 486,000 | 637,000 | 1,345,000 | 753,450 | 138,581 |
provisions | 5,633,000 | 9,938,000 | 6,810,000 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 6,737,000 | 6,130,000 | 3,797,000 | 446,000 | 486,000 | 637,000 | 1,345,000 | 753,450 | 138,581 |
total liabilities | 64,322,000 | 67,482,000 | 72,234,000 | 70,672,000 | 63,584,000 | 62,250,000 | 54,136,000 | 40,669,502 | 6,805,392 |
net assets | 2,219,000 | 1,092,000 | -117,000 | -1,433,000 | -1,607,000 | -1,909,000 | -2,086,000 | -1,589,191 | -606,324 |
total shareholders funds | 2,219,000 | 1,092,000 | -117,000 | -1,433,000 | -1,607,000 | -1,909,000 | -2,086,000 | -1,589,191 | -606,324 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 4,078,000 | 3,992,000 | 2,710,000 | 2,010,000 | 1,651,000 | 702,000 | -32,000 | -1,121,221 | -752,108 |
Depreciation | 2,673,000 | 2,717,000 | 3,032,000 | 2,773,000 | 2,214,000 | 1,836,000 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -814,000 | -1,783,000 | -355,000 | -426,000 | -116,000 | 414,000 | 303,000 | 335,582 | 151,119 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -197,000 | -2,429,000 | 2,392,000 | 794,000 | -2,470,000 | 1,048,000 | 2,773,324 | 1,218,071 | 290,605 |
Creditors | 518,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | -60,523,000 | -6,865,000 | -2,059,000 | 7,948,000 | 646,000 | 8,822,000 | 12,936,907 | 33,334,152 | 6,519,941 |
Deferred Taxes & Provisions | -4,305,000 | 3,128,000 | 6,810,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -58,176,000 | 3,618,000 | 7,746,000 | 11,511,000 | 6,865,000 | 10,726,000 | 31,330,442 | 5,628,347 | |
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 56,246,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -2,322,000 | 2,060,000 | -10,000 | 272,000 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -54,000 | 1,080,000 | -5,000 | 144,000 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -261,000 | -49,000 | -176,000 | -151,000 | -708,000 | 591,550 | 614,869 | 138,581 |
share issue | |||||||||
interest | -2,137,000 | -1,000,000 | -1,039,000 | -1,410,000 | -1,233,000 | -939,000 | -768,000 | -197,228 | -5,336 |
cash flow from financing | 51,733,000 | 1,879,000 | -1,103,000 | -1,170,000 | -1,384,000 | -1,647,000 | -176,259 | 417,641 | 133,246 |
cash and cash equivalents | |||||||||
cash | 818,000 | 0 | -88,000 | 88,000 | 0 | 0 | 0 | 0 | 0 |
overdraft | -11,000 | -270,000 | 270,000 | -828,000 | 839,000 | 0 | -61,959 | -84,911 | 146,870 |
change in cash | 829,000 | 270,000 | -358,000 | 916,000 | -839,000 | 0 | 61,959 | 84,911 | -146,870 |
powerlink renewable assets limited Credit Report and Business Information
Powerlink Renewable Assets Limited Competitor Analysis
Perform a competitor analysis for powerlink renewable assets 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.
powerlink renewable assets limited Ownership
POWERLINK RENEWABLE ASSETS LIMITED group structure
Powerlink Renewable Assets Limited has no subsidiary companies.
Ultimate parent company
2 parents
POWERLINK RENEWABLE ASSETS LIMITED
08914992
powerlink renewable assets limited directors
Powerlink Renewable Assets Limited currently has 1 director, Mr Basil Scarsella serving since May 2024.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Basil Scarsella | England | 69 years | May 2024 | - | Director |
P&L
March 2023turnover
9.2m
+6%
operating profit
4.1m
+2%
gross margin
94.8%
-3.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.2m
+1.03%
total assets
66.5m
-0.03%
cash
818k
0%
net assets
Total assets minus all liabilities
powerlink renewable assets limited company details
company number
08914992
Type
Private limited with Share Capital
industry
35110 - Production of electricity
70100 - Activities of head offices
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
seeit sol limited (May 2024)
united utilities renewable energy limited (September 2022)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
237 southwark bridge road, london, SE1 6NP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
powerlink renewable assets 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 powerlink renewable assets limited.
powerlink renewable assets 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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powerlink renewable assets limited Companies House Filings - See Documents
date | description | view/download |
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