the old carriage works, moresk road, truro, cornwall, TR1 1DG
Website
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third wind renewables limitedEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of THIRD WIND RENEWABLES LIMITED at £2.8m based on a Turnover of £1.5m and 1.81x industry multiple (adjusted for size and gross margin).
third wind renewables limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of THIRD WIND RENEWABLES LIMITED at £1.1m based on an EBITDA of £213.2k and a 5.22x industry multiple (adjusted for size and gross margin).
third wind renewables limitedEstimated Valuation
£1.8m
Pomanda estimates the enterprise value of THIRD WIND RENEWABLES LIMITED at £1.8m based on Net Assets of £674k and 2.69x industry multiple (adjusted for liquidity).
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Third Wind Renewables LimitedOverview
Third Wind Renewables Limited is a live company located in truro, TR1 1DG with a Companies House number of 08978137. It operates in the production of electricity sector, SIC Code 35110. Founded in April 2014, it's largest shareholder is
joseph david winton
with a 33.3% stake. Third Wind Renewables Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Third Wind Renewables Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
1 Weak
Size
annual sales of £1.5m, make it in line with the average company (£1.5m)
£1.5m - Third Wind Renewables Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.4%)
16% - Third Wind Renewables Limited
8.4% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - Third Wind Renewables Limited
67.3% - Industry AVG
Profitability
an operating margin of 13.2% make it less profitable than the average company (48.9%)
13.2% - Third Wind Renewables Limited
48.9% - Industry AVG
Employees
with 3 employees, this is above the industry average (2)
3 - Third Wind Renewables Limited
2 - Industry AVG
Pay Structure
on an average salary of £71k, the company has an equivalent pay structure (£71k)
£71k - Third Wind Renewables Limited
£71k - Industry AVG
Efficiency
resulting in sales per employee of £511.6k, this is more efficient (£401.6k)
£511.6k - Third Wind Renewables Limited
£401.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (14 days)
16 days - Third Wind Renewables Limited
14 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Third Wind Renewables Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Third Wind Renewables Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is more cash available to meet short term requirements (13 weeks)
18 weeks - Third Wind Renewables Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a lower level of debt than the average (90.6%)
59.1% - Third Wind Renewables Limited
90.6% - Industry AVG
THIRD WIND RENEWABLES LIMITED financials
EXPORT
Third Wind Renewables Limited's latest turnover from June 2023 is estimated at £1.5 million and the company has net assets of £674 thousand. According to their latest financial statements, Third Wind Renewables Limited has 3 employees and maintains cash reserves of £341 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Dec 2016
Apr 2016
Apr 2015
Turnover
1,534,665
1,259,675
1,330,058
992,044
870,070
237,588
1,010,630
Other Income Or Grants
Cost Of Sales
501,910
504,646
601,752
445,137
382,835
112,402
433,119
Gross Profit
1,032,755
755,029
728,306
546,907
487,236
125,186
577,511
Admin Expenses
830,449
885,194
343,172
528,488
353,265
-123,840
577,511
Operating Profit
202,306
-130,165
385,134
18,419
133,971
249,026
Interest Payable
1,525
1,525
Interest Receivable
15,664
3,057
186
219
2,142
753
Pre-Tax Profit
217,969
-127,108
383,795
17,114
136,114
249,779
Tax
-54,492
-72,921
-3,252
-25,862
-47,458
Profit After Tax
163,477
-127,108
310,874
13,862
110,252
202,321
Dividends Paid
Retained Profit
163,477
-127,108
310,874
13,862
110,252
202,321
Employee Costs
213,015
196,718
184,204
179,409
178,333
172,785
192,527
Number Of Employees
3
3
3
3
3
3
3
EBITDA*
213,203
-128,893
386,194
18,550
134,217
249,642
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Dec 2016
Apr 2016
Apr 2015
Tangible Assets
39,262
1,389
2,021
268
246
Intangible Assets
Investments & Other
407
407
407
303
162,337
303
303
303
Debtors (Due After 1 year)
Total Fixed Assets
39,669
1,796
2,428
571
162,337
549
303
303
Stock & work in progress
Trade Debtors
70,999
102,001
95,101
58,766
61,774
532
Group Debtors
1,028,922
1,001,143
Misc Debtors
5,499
7,500
7,500
2,570
Cash
341,044
285,508
203,585
168,436
270,090
301,150
misc current assets
160,289
77,189
450,000
450,000
total current assets
1,606,753
1,465,841
756,186
684,702
331,864
304,252
total assets
1,646,422
1,467,637
758,614
685,273
494,201
304,801
303
303
Bank overdraft
Bank loan
Trade Creditors
3,366
3,045
Group/Directors Accounts
30,704
90,600
90,600
other short term finances
hp & lease commitments
other current liabilities
964,981
953,503
89,914
217,884
90,725
99,085
total current liabilities
964,981
956,869
120,618
308,484
181,325
102,130
loans
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
7,460
264
384
51
47
total long term liabilities
7,460
264
384
50,051
47
total liabilities
972,441
957,133
121,002
358,535
181,325
102,177
net assets
673,981
510,504
637,612
326,738
312,876
202,624
303
303
total shareholders funds
673,981
510,504
637,612
326,738
312,876
202,624
303
303
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Dec 2016
Apr 2016
Apr 2015
Operating Activities
Operating Profit
202,306
-130,165
385,134
18,419
133,971
249,026
Depreciation
10,897
1,272
1,060
131
246
616
Amortisation
Tax
-54,492
-72,921
-3,252
-25,862
-47,458
Stock
Debtors
2,276
1,000,543
36,335
4,492
58,672
3,102
Creditors
-3,366
3,366
-3,045
3,045
Accruals and Deferred Income
11,478
863,589
-127,970
127,159
-8,360
99,085
Deferred Taxes & Provisions
7,196
-120
333
51
-47
47
Cash flow from operations
171,743
-262,601
149,301
138,016
38,231
301,259
Investing Activities
capital expenditure
-48,770
-640
-2,813
-399
-862
Change in Investments
104
-162,034
162,034
303
303
303
cash flow from investments
-48,770
-640
-2,917
161,635
-162,034
-1,165
-303
-303
Financing Activities
Bank loans
Group/Directors Accounts
-30,704
-59,896
90,600
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
303
303
303
interest
15,664
3,057
-1,339
-1,306
2,142
753
cash flow from financing
15,664
-27,647
-111,235
48,694
92,742
1,056
303
303
cash and cash equivalents
cash
55,536
81,923
35,149
-101,654
-31,060
301,150
overdraft
change in cash
55,536
81,923
35,149
-101,654
-31,060
301,150
third wind renewables limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for third wind renewables limited. Get real-time insights into third wind renewables limited's credit score, group structure and payment trends.
Perform a competitor analysis for third wind renewables limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in TR1 area or any other competitors across 12 key performance metrics.
third wind renewables limited Ownership
THIRD WIND RENEWABLES LIMITED group structure
Third Wind Renewables Limited has 1 subsidiary company.
The largest shareholders in Third Wind Renewables Limited include Joseph David Winton and Robert William Paul.
joseph david winton
33.33%
robert william paul
33.33%
simon edward coles
26.67%
nanya louise coles
6.67%
third wind renewables limited directors
Third Wind Renewables Limited currently has 3 directors.
The longest serving directors include
Mr Robert Paul (Apr 2014) and
Mr Joseph Winton (Apr 2014).
the old carriage works, moresk road, truro, cornwall, TR1 1DG
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third wind renewables 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 third wind renewables limited.
third wind renewables limited Capital Raised & Share Issues BETA
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third wind renewables limitedCompanies House Filings - See Documents
