palmersford solar limited
palmersford solar limited Company Information
Company Number
09117395
Next Accounts
Sep 2025
Shareholders
sedgwick renewable energy limited
Group Structure
View All
Industry
Production of electricity
Registered Address
1350 - 1360 montpellier court, brockworth, gloucester, GL3 4AH
Website
-palmersford solar limited Estimated Valuation
Pomanda estimates the enterprise value of PALMERSFORD SOLAR LIMITED at £268.6k based on a Turnover of £152.4k and 1.76x industry multiple (adjusted for size and gross margin).
palmersford solar limited Estimated Valuation
Pomanda estimates the enterprise value of PALMERSFORD SOLAR LIMITED at £1.2m based on an EBITDA of £234.5k and a 5.01x industry multiple (adjusted for size and gross margin).
palmersford solar limited Estimated Valuation
Pomanda estimates the enterprise value of PALMERSFORD SOLAR LIMITED at £1.7m based on Net Assets of £650.5k and 2.63x industry multiple (adjusted for liquidity).
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Palmersford Solar Limited Overview
Palmersford Solar Limited is a live company located in gloucester, GL3 4AH with a Companies House number of 09117395. It operates in the production of electricity sector, SIC Code 35110. Founded in July 2014, it's largest shareholder is sedgwick renewable energy limited with a 100% stake. Palmersford Solar Limited is a established, micro sized company, Pomanda has estimated its turnover at £152.4k with rapid growth in recent years.
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Palmersford Solar Limited Health Check
Pomanda's financial health check has awarded Palmersford Solar Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £152.4k, make it smaller than the average company (£1.8m)
- Palmersford Solar Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (10.8%)
- Palmersford Solar Limited
10.8% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
- Palmersford Solar Limited
71% - Industry AVG
Profitability
an operating margin of 53.7% make it as profitable than the average company (51.1%)
- Palmersford Solar Limited
51.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Palmersford Solar Limited
3 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)
- Palmersford Solar Limited
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is less efficient (£449.6k)
- Palmersford Solar Limited
£449.6k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (16 days)
- Palmersford Solar Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (21 days)
- Palmersford Solar Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Palmersford Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is average cash available to meet short term requirements (9 weeks)
9 weeks - Palmersford Solar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.7%, this is a lower level of debt than the average (90%)
69.7% - Palmersford Solar Limited
90% - Industry AVG
PALMERSFORD SOLAR LIMITED financials
Palmersford Solar Limited's latest turnover from December 2023 is estimated at £152.4 thousand and the company has net assets of £650.5 thousand. According to their latest financial statements, we estimate that Palmersford Solar Limited has 1 employee and maintains cash reserves of £259.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,831,958 | 1,984,638 | 2,137,322 | 2,290,006 | 2,442,689 | 3,328,995 | 3,524,936 | 3,722,871 | |
| Intangible Assets | |||||||||
| Investments & Other | 74,072 | ||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 1,831,958 | 1,984,638 | 2,137,322 | 2,290,006 | 2,442,689 | 3,328,995 | 3,524,936 | 3,722,871 | 74,072 |
| Stock & work in progress | |||||||||
| Trade Debtors | 8,803 | 123,349 | 81,533 | 108,911 | 4,972 | ||||
| Group Debtors | 869,617 | 865,137 | |||||||
| Misc Debtors | 47,939 | 56,679 | 42,119 | 78,077 | 31,074 | ||||
| Cash | 259,908 | 364,229 | 291,101 | 285,334 | 309,110 | 269,552 | 306,034 | 401,726 | |
| misc current assets | |||||||||
| total current assets | 316,650 | 420,908 | 333,220 | 1,233,028 | 1,205,321 | 392,901 | 387,567 | 510,637 | 4,972 |
| total assets | 2,148,608 | 2,405,546 | 2,470,542 | 3,523,034 | 3,648,010 | 3,721,896 | 3,912,503 | 4,233,508 | 79,044 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 12,419 | 10,022 | 4,950 | 5,490 | 8,755 | 1,237,732 | 1,472,737 | 1,424,060 | 79,034 |
| Group/Directors Accounts | 1,368,921 | 1,713,384 | 1,917,191 | 938,726 | 862,205 | ||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 45,653 | 37,928 | 22,533 | 10,379 | 19,958 | ||||
| total current liabilities | 1,426,993 | 1,761,334 | 1,944,674 | 954,595 | 890,918 | 1,237,732 | 1,472,737 | 1,424,060 | 79,034 |
| loans | 2,094,576 | 2,337,024 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 2,337,024 | 2,262,748 | 2,429,162 | ||||||
| provisions | 71,132 | 67,416 | 102,193 | 18,870 | |||||
| total long term liabilities | 71,132 | 67,416 | 102,193 | 2,113,446 | 2,337,024 | 2,337,024 | 2,262,748 | 2,429,162 | |
| total liabilities | 1,498,125 | 1,828,750 | 2,046,867 | 3,068,041 | 3,227,942 | 3,574,756 | 3,735,485 | 3,853,222 | 79,034 |
| net assets | 650,483 | 576,796 | 423,675 | 454,993 | 420,068 | 147,140 | 177,018 | 380,286 | 10 |
| total shareholders funds | 650,483 | 576,796 | 423,675 | 454,993 | 420,068 | 147,140 | 177,018 | 380,286 | 10 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 152,680 | 152,684 | 152,684 | 152,683 | 195,940 | 195,941 | 197,935 | 195,939 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 63 | 14,560 | -905,575 | 51,483 | 772,862 | 41,816 | -27,378 | 103,939 | 4,972 |
| Creditors | 2,397 | 5,072 | -540 | -3,265 | -1,228,977 | -235,005 | 48,677 | 1,345,026 | 79,034 |
| Accruals and Deferred Income | 7,725 | 15,395 | 12,154 | -9,579 | 19,958 | ||||
| Deferred Taxes & Provisions | 3,716 | -34,777 | 83,323 | 18,870 | |||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -74,072 | 74,072 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -344,463 | -203,807 | 978,465 | 76,521 | 862,205 | ||||
| Other Short Term Loans | |||||||||
| Long term loans | -2,094,576 | -242,448 | 2,337,024 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -2,337,024 | 74,276 | -166,414 | 2,429,162 | |||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -104,321 | 73,128 | 5,767 | -23,776 | 39,558 | -36,482 | -95,692 | 401,726 | |
| overdraft | |||||||||
| change in cash | -104,321 | 73,128 | 5,767 | -23,776 | 39,558 | -36,482 | -95,692 | 401,726 |
palmersford solar limited Credit Report and Business Information
Palmersford Solar Limited Competitor Analysis
Perform a competitor analysis for palmersford solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in GL3 area or any other competitors across 12 key performance metrics.
palmersford solar limited Ownership
PALMERSFORD SOLAR LIMITED group structure
Palmersford Solar Limited has no subsidiary companies.
Ultimate parent company
2 parents
PALMERSFORD SOLAR LIMITED
09117395
palmersford solar limited directors
Palmersford Solar Limited currently has 2 directors. The longest serving directors include Mr Richard Simmonds (May 2018) and Mr Nimesh Kamath (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Simmonds | Northern Ireland | 45 years | May 2018 | - | Director |
| Mr Nimesh Kamath | England | 49 years | Apr 2021 | - | Director |
P&L
December 2023turnover
152.4k
+218%
operating profit
81.9k
0%
gross margin
71.1%
+1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
650.5k
+0.13%
total assets
2.1m
-0.11%
cash
259.9k
-0.29%
net assets
Total assets minus all liabilities
palmersford solar limited company details
company number
09117395
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
JOHNSTON CARMICHAEL LLP
auditor
-
address
1350 - 1360 montpellier court, brockworth, gloucester, GL3 4AH
Bank
-
Legal Advisor
-
palmersford 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 2 charges/mortgages relating to palmersford solar limited. Currently there are 1 open charges and 1 have been satisfied in the past.
palmersford 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 PALMERSFORD SOLAR LIMITED. This can take several minutes, an email will notify you when this has completed.
palmersford solar limited Companies House Filings - See Documents
| date | description | view/download |
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