renewable energy hold co limited
renewable energy hold co limited Company Information
Company Number
09214887
Next Accounts
180 days late
Shareholders
good energy group plc
Group Structure
View All
Industry
Production of electricity
Registered Address
1st floor 25 king street, bristol, BS1 4PB
Website
www.goodenergygroup.co.ukrenewable energy hold co limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY HOLD CO LIMITED at £718k based on a Turnover of £422.6k and 1.7x industry multiple (adjusted for size and gross margin).
renewable energy hold co limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY HOLD CO LIMITED at £93.4m based on an EBITDA of £19.4m and a 4.83x industry multiple (adjusted for size and gross margin).
renewable energy hold co limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY HOLD CO LIMITED at £56.4m based on Net Assets of £21.5m and 2.63x industry multiple (adjusted for liquidity).
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Renewable Energy Hold Co Limited Overview
Renewable Energy Hold Co Limited is a live company located in bristol, BS1 4PB with a Companies House number of 09214887. It operates in the production of electricity sector, SIC Code 35110. Founded in September 2014, it's largest shareholder is good energy group plc with a 100% stake. Renewable Energy Hold Co Limited is a established, micro sized company, Pomanda has estimated its turnover at £422.6k with unknown growth in recent years.
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Renewable Energy Hold Co Limited Health Check
Pomanda's financial health check has awarded Renewable Energy Hold Co Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
4 Weak
Size
annual sales of £422.6k, make it smaller than the average company (£1.3m)
£422.6k - Renewable Energy Hold Co Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Renewable Energy Hold Co Limited
- - Industry AVG
Production
with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)
69.8% - Renewable Energy Hold Co Limited
69.8% - Industry AVG
Profitability
an operating margin of 4579.5% make it more profitable than the average company (45.2%)
4579.5% - Renewable Energy Hold Co Limited
45.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Renewable Energy Hold Co Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Hold Co Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £211.3k, this is less efficient (£326.7k)
£211.3k - Renewable Energy Hold Co Limited
£326.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Hold Co Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (23 days)
0 days - Renewable Energy Hold Co Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Hold Co Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Hold Co Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.7%, this is a lower level of debt than the average (94.7%)
47.7% - Renewable Energy Hold Co Limited
94.7% - Industry AVG
RENEWABLE ENERGY HOLD CO LIMITED financials
Renewable Energy Hold Co Limited's latest turnover from December 2022 is £422.6 thousand and the company has net assets of £21.5 million. According to their latest financial statements, Renewable Energy Hold Co Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 422,612 | |||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 19,353,446 | |||||||
| Interest Payable | 1,246,679 | 965,988 | 965,988 | 1,847,500 | 1,634,856 | |||
| Interest Receivable | 965,988 | 965,988 | 1,847,500 | 1,634,856 | ||||
| Pre-Tax Profit | 18,106,767 | 5,925,752 | ||||||
| Tax | ||||||||
| Profit After Tax | 18,106,767 | 5,925,752 | ||||||
| Dividends Paid | 5,925,752 | |||||||
| Retained Profit | 18,106,767 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| EBITDA* | 19,353,446 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | 41,033,082 | 8,000,001 | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 21,841,690 | |||||||
| Total Fixed Assets | 41,033,082 | 8,000,001 | 1 | 1 | 1 | 21,841,691 | 1 | 1 |
| Stock & work in progress | ||||||||
| Trade Debtors | ||||||||
| Group Debtors | 17,791,900 | 19,544,277 | 20,830,208 | 20,875,702 | 20,875,702 | 19,226,962 | ||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 17,791,900 | 19,544,277 | 20,830,208 | 20,875,702 | 20,875,702 | 19,226,962 | ||
| total assets | 41,033,082 | 25,791,901 | 19,544,278 | 20,830,209 | 20,875,703 | 21,841,691 | 20,875,703 | 19,226,963 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 270 | |||||||
| Group/Directors Accounts | 482,985 | 17,791,900 | 19,544,277 | 20,830,208 | 20,875,702 | |||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 17,834 | |||||||
| total current liabilities | 501,089 | 17,791,900 | 19,544,277 | 20,830,208 | 20,875,702 | |||
| loans | 19,078,934 | 21,841,690 | 20,875,702 | 19,226,962 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 19,078,934 | 21,841,690 | 20,875,702 | 19,226,962 | ||||
| total liabilities | 19,580,023 | 17,791,900 | 19,544,277 | 20,830,208 | 20,875,702 | 21,841,690 | 20,875,702 | 19,226,962 |
| net assets | 21,453,059 | 8,000,001 | 1 | 1 | 1 | 1 | 1 | 1 |
| total shareholders funds | 21,453,059 | 8,000,001 | 1 | 1 | 1 | 1 | 1 | 1 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 19,353,446 | |||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -17,791,900 | -1,752,377 | -1,285,931 | -45,494 | -965,988 | 965,988 | 1,648,740 | 19,226,962 |
| Creditors | 270 | |||||||
| Accruals and Deferred Income | 17,834 | |||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 37,163,450 | 1,752,377 | 1,285,931 | 45,494 | 965,988 | -965,988 | -1,648,740 | -19,226,962 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 33,033,081 | 8,000,000 | 1 | |||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -17,308,915 | -1,752,377 | -1,285,931 | -45,494 | 20,875,702 | |||
| Other Short Term Loans | ||||||||
| Long term loans | 19,078,934 | -21,841,690 | 965,988 | 1,648,740 | 19,226,962 | |||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -1,246,679 | |||||||
| cash flow from financing | -4,130,369 | 6,247,623 | -1,285,931 | -45,494 | -965,988 | 965,988 | 1,648,740 | 19,226,963 |
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
renewable energy hold co limited Credit Report and Business Information
Renewable Energy Hold Co Limited Competitor Analysis
Perform a competitor analysis for renewable energy hold co limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.
renewable energy hold co limited Ownership
RENEWABLE ENERGY HOLD CO LIMITED group structure
Renewable Energy Hold Co Limited has 1 subsidiary company.
Ultimate parent company
1 parent
RENEWABLE ENERGY HOLD CO LIMITED
09214887
1 subsidiary
renewable energy hold co limited directors
Renewable Energy Hold Co Limited currently has 3 directors. The longest serving directors include Mr Neil Wood (Jan 2022) and Mr Baiju Devani (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Wood | England | 44 years | Jan 2022 | - | Director |
| Mr Baiju Devani | United Kingdom | 44 years | Aug 2024 | - | Director |
| Mr Kevin O'Connor | United Kingdom | 43 years | Aug 2024 | - | Director |
P&L
December 2022turnover
422.6k
0%
operating profit
19.4m
0%
gross margin
69.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
21.5m
+1.68%
total assets
41m
+0.59%
cash
0
0%
net assets
Total assets minus all liabilities
renewable energy hold co limited company details
company number
09214887
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
wind energy holding company no. 1 limited (November 2023)
good energy holding company no. 1 limited (September 2023)
accountant
-
auditor
KPMG CHANNEL ISLAND LIMITED
address
1st floor 25 king street, bristol, BS1 4PB
Bank
-
Legal Advisor
-
renewable energy hold co 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 renewable energy hold co limited.
renewable energy hold co 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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renewable energy hold co limited Companies House Filings - See Documents
| date | description | view/download |
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