evero energy group limited
evero energy group limited Company Information
Company Number
09279808
Registered Address
28 austin friars, london, EC2N 2QQ
Industry
Construction of utility projects for electricity and telecommunications
Telephone
01189298350
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
infracapital (bio) slp lp 55.3%
helios uk big lp 21.2%
View Allevero energy group limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY GROUP LIMITED at £21.8m based on a Turnover of £41.6m and 0.52x industry multiple (adjusted for size and gross margin).
evero energy group limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY GROUP LIMITED at £470.6m based on an EBITDA of £76.3m and a 6.16x industry multiple (adjusted for size and gross margin).
evero energy group limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY GROUP LIMITED at £0 based on Net Assets of £-240.3m and 2.21x industry multiple (adjusted for liquidity).
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Evero Energy Group Limited Overview
Evero Energy Group Limited is a live company located in london, EC2N 2QQ with a Companies House number of 09279808. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in October 2014, it's largest shareholder is infracapital (bio) slp lp with a 55.3% stake. Evero Energy Group Limited is a established, large sized company, Pomanda has estimated its turnover at £41.6m with rapid growth in recent years.
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Evero Energy Group Limited Health Check
Pomanda's financial health check has awarded Evero Energy Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £41.6m, make it larger than the average company (£5.3m)
£41.6m - Evero Energy Group Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 67%, show it is growing at a faster rate (13%)
67% - Evero Energy Group Limited
13% - Industry AVG
Production
with a gross margin of 28.7%, this company has a comparable cost of product (28.2%)
28.7% - Evero Energy Group Limited
28.2% - Industry AVG
Profitability
an operating margin of 138.3% make it more profitable than the average company (13.2%)
138.3% - Evero Energy Group Limited
13.2% - Industry AVG
Employees
with 137 employees, this is above the industry average (24)
137 - Evero Energy Group Limited
24 - Industry AVG
Pay Structure
on an average salary of £88.8k, the company has a higher pay structure (£55.1k)
£88.8k - Evero Energy Group Limited
£55.1k - Industry AVG
Efficiency
resulting in sales per employee of £303.3k, this is more efficient (£238.5k)
£303.3k - Evero Energy Group Limited
£238.5k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (50 days)
30 days - Evero Energy Group Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (32 days)
41 days - Evero Energy Group Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (13 days)
13 days - Evero Energy Group Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (22 weeks)
58 weeks - Evero Energy Group Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.3%, this is a higher level of debt than the average (79.4%)
137.3% - Evero Energy Group Limited
79.4% - Industry AVG
EVERO ENERGY GROUP LIMITED financials
Evero Energy Group Limited's latest turnover from December 2022 is £41.6 million and the company has net assets of -£240.3 million. According to their latest financial statements, Evero Energy Group Limited has 137 employees and maintains cash reserves of £40 million 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 | 41,553,000 | 20,675,000 | 11,998,000 | 8,962,000 | 2,701,000 | 0 | 281,610 | 4,345,759,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 29,635,000 | 12,764,000 | 5,872,000 | 7,303,000 | 2,701,000 | 0 | ||
| Gross Profit | 11,918,000 | 7,911,000 | 6,126,000 | 1,659,000 | 0 | 0 | ||
| Admin Expenses | -45,547,000 | 151,362,000 | 91,334,000 | 15,529,000 | 3,962,000 | 11,872,000 | ||
| Operating Profit | 57,465,000 | -143,451,000 | -85,208,000 | -13,870,000 | -3,962,000 | -11,872,000 | -2,233,455 | -3,179,926,000 |
| Interest Payable | 93,215,000 | 37,814,000 | 36,151,000 | 31,510,000 | 41,998,000 | 26,039,000 | 12,795,894 | 1,130,240,000 |
| Interest Receivable | 17,515,000 | 20,794,000 | 19,664,000 | 20,733,000 | 46,211,000 | 26,896,000 | 0 | 0 |
| Pre-Tax Profit | -7,066,000 | -191,584,000 | -129,389,000 | -32,724,000 | -4,836,000 | -26,519,000 | 22,073,057 | -3,318,081,000 |
| Tax | -28,421,000 | 39,121,000 | 15,805,000 | 7,457,000 | 0 | 0 | 0 | 0 |
| Profit After Tax | -35,487,000 | -152,463,000 | -113,584,000 | -25,267,000 | -4,836,000 | -26,519,000 | 22,073,057 | -3,318,081,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -16,140,000 | -88,884,000 | -82,941,000 | -26,319,000 | -4,836,000 | -26,519,000 | 22,073,057 | -3,318,081,000 |
| Employee Costs | 12,163,000 | 9,407,000 | 7,068,000 | 3,375,000 | 2,515,000 | 1,159,000 | 274,910 | 68,379,000 |
| Number Of Employees | 137 | 103 | 83 | 29 | 15 | 3 | 1 | |
| EBITDA* | 76,342,000 | -15,300,000 | -11,098,000 | -8,711,000 | -3,915,000 | -11,853,000 | -2,231,079 | -3,179,926,000 |
* 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 | 628,316,000 | 660,119,000 | 606,002,000 | 564,694,000 | 476,031,000 | 372,785,000 | 152,229,063 | 69,654,790,000 |
| Intangible Assets | 0 | 547,000 | 593,000 | 635,000 | 676,000 | 0 | 0 | 0 |
| Investments & Other | 241,220,000 | 205,849,000 | 158,417,000 | 153,756,000 | 13,208,000 | 6,209,000 | 149,767,026 | 69,654,790,000 |
| Debtors (Due After 1 year) | 34,496,000 | 62,917,000 | 23,795,000 | 0 | 0 | 0 | 2,454,619 | 0 |
| Total Fixed Assets | 593,820,000 | 597,749,000 | 582,800,000 | 565,329,000 | 476,707,000 | 372,785,000 | 152,229,063 | 69,654,790,000 |
| Stock & work in progress | 1,092,000 | 987,000 | 997,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,496,000 | 3,324,000 | 1,782,000 | 2,742,000 | 7,240,000 | 212,000 | 48,149 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,969,000 | 10,696,000 | 7,129,000 | 7,151,000 | 1,228,000 | 3,433,000 | 15,686,216 | 1,017,672,000 |
| Cash | 40,039,000 | 12,074,000 | 20,636,000 | 27,968,000 | 45,500,000 | 24,267,000 | 5,069,537 | 16,263,516,000 |
| misc current assets | 0 | 0 | 0 | 0 | 24,475,000 | 33,016,000 | 0 | 0 |
| total current assets | 50,596,000 | 27,556,000 | 36,475,000 | 54,074,000 | 78,443,000 | 60,928,000 | 20,803,902 | 17,281,188,000 |
| total assets | 644,416,000 | 625,305,000 | 619,275,000 | 619,403,000 | 555,150,000 | 433,713,000 | 173,032,965 | 86,935,978,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 17,170,000 | 659,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,345,000 | 3,067,000 | 4,288,000 | 11,372,000 | 22,568,000 | 1,471,000 | 250,936 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 15,602,000 | 58,451,000 | 12,830,000 | 99,839,000 | 0 | 0 | 13,895,353 | 14,727,440,000 |
| hp & lease commitments | 780,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,825,000 | 21,145,000 | 24,304,000 | 20,072,000 | 0 | 5,576,000 | 4,218,056 | 2,399,344,000 |
| total current liabilities | 35,552,000 | 82,663,000 | 41,422,000 | 131,283,000 | 39,738,000 | 7,706,000 | 18,364,345 | 17,126,784,000 |
| loans | 1,661,694,000 | 1,493,786,000 | 1,386,440,000 | 1,000,712,000 | 995,755,000 | 823,632,000 | 258,771,474 | 139,378,600,000 |
| hp & lease commitments | 12,511,000 | 14,924,000 | 14,761,000 | 15,050,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 18,312,000 | 19,904,000 | 19,904,000 | 19,904,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 19,904,000 | 27,314,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 849,159,000 | 766,797,000 | 713,124,000 | 520,260,000 | 517,965,000 | 439,784,000 | 129,385,737 | 69,689,300,000 |
| total liabilities | 884,711,000 | 849,460,000 | 754,546,000 | 651,543,000 | 557,703,000 | 447,490,000 | 147,750,082 | 86,816,084,000 |
| net assets | -240,295,000 | -224,155,000 | -135,271,000 | -52,387,000 | -22,827,000 | -32,669,000 | 25,282,883 | 119,894,000 |
| total shareholders funds | -240,295,000 | -224,155,000 | -135,271,000 | -52,387,000 | -22,827,000 | -32,669,000 | 25,282,883 | 119,894,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 57,465,000 | -143,451,000 | -85,208,000 | -13,870,000 | -3,962,000 | -11,872,000 | -2,233,455 | -3,179,926,000 |
| Depreciation | 18,839,000 | 128,105,000 | 73,574,000 | 4,685,000 | 43,000 | 19,000 | 2,376 | 0 |
| Amortisation | 38,000 | 46,000 | 536,000 | 474,000 | 4,000 | 0 | 0 | 0 |
| Tax | -28,421,000 | 39,121,000 | 15,805,000 | 7,457,000 | 0 | 0 | 0 | 0 |
| Stock | 105,000 | -10,000 | 997,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -32,976,000 | 44,231,000 | 22,813,000 | 1,425,000 | 4,823,000 | -14,543,984 | -999,483,016 | 1,017,672,000 |
| Creditors | 278,000 | -1,221,000 | -7,084,000 | -11,196,000 | 21,097,000 | 1,220,064 | 250,936 | 0 |
| Accruals and Deferred Income | -6,912,000 | -3,159,000 | 4,232,000 | 39,976,000 | -5,576,000 | 1,357,944 | -2,395,125,944 | 2,399,344,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 74,158,000 | -24,780,000 | -21,955,000 | 26,101,000 | 6,783,000 | 5,268,992 | -1,397,623,071 | -1,798,254,000 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 35,371,000 | 47,432,000 | 4,661,000 | 140,548,000 | 6,999,000 | -143,558,026 | -69,505,022,974 | 69,654,790,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -42,849,000 | 45,621,000 | -87,009,000 | 99,839,000 | 0 | -13,895,353 | -14,713,544,647 | 14,727,440,000 |
| Long term loans | 167,908,000 | 107,346,000 | 385,728,000 | 4,957,000 | 172,123,000 | 564,860,526 | -139,119,828,526 | 139,378,600,000 |
| Hire Purchase and Lease Commitments | -1,633,000 | 163,000 | -289,000 | 15,050,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -19,904,000 | -7,410,000 | 27,314,000 | 0 | 0 |
| share issue | ||||||||
| interest | -75,700,000 | -17,020,000 | -16,487,000 | -10,777,000 | 4,213,000 | 857,000 | -12,795,894 | -1,130,240,000 |
| cash flow from financing | 47,726,000 | 136,110,000 | 282,000,000 | 85,924,000 | 183,604,000 | 547,703,290 | -153,962,853,241 | 156,413,775,000 |
| cash and cash equivalents | ||||||||
| cash | 27,965,000 | -8,562,000 | -7,332,000 | -17,532,000 | 21,233,000 | 19,197,463 | -16,258,446,463 | 16,263,516,000 |
| overdraft | 0 | 0 | 0 | -17,170,000 | 16,511,000 | 659,000 | 0 | 0 |
| change in cash | 27,965,000 | -8,562,000 | -7,332,000 | -362,000 | 4,722,000 | 18,538,463 | -16,258,446,463 | 16,263,516,000 |
evero energy group limited Credit Report and Business Information
Evero Energy Group Limited Competitor Analysis
Perform a competitor analysis for evero energy group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
evero energy group limited Ownership
EVERO ENERGY GROUP LIMITED group structure
Evero Energy Group Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
EVERO ENERGY GROUP LIMITED
09279808
2 subsidiaries
evero energy group limited directors
Evero Energy Group Limited currently has 6 directors. The longest serving directors include Mr Andrew Matthews (Oct 2015) and Mr Erez Gissin (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Matthews | United Kingdom | 61 years | Oct 2015 | - | Director |
| Mr Erez Gissin | Israel | 65 years | Oct 2015 | - | Director |
| Mr Stephen Johnson | United Kingdom | 63 years | May 2017 | - | Director |
| Mr Max Helmore | United Kingdom | 40 years | Jul 2018 | - | Director |
| Mr Elliot Renton | 57 years | Sep 2020 | - | Director | |
| Mr Simon Hicks | England | 55 years | Jun 2021 | - | Director |
P&L
December 2022turnover
41.6m
+101%
operating profit
57.5m
-140%
gross margin
28.7%
-25.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-240.3m
+0.07%
total assets
644.4m
+0.03%
cash
40m
+2.32%
net assets
Total assets minus all liabilities
Similar Companies
evero energy group limited company details
company number
09279808
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
October 2014
age
10
accounts
Group
ultimate parent company
previous names
bioenergy infrastructure limited (June 2023)
incorporated
UK
address
28 austin friars, london, EC2N 2QQ
last accounts submitted
December 2022
evero energy group 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 evero energy group limited.
evero energy group limited Companies House Filings - See Documents
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