Pomanda estimates the enterprise value of CORENERGY LIMITED at £3.6m based on a Turnover of £7.3m and 0.49x industry multiple (adjusted for size and gross margin).
corenergy limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CORENERGY LIMITED at £0 based on an EBITDA of £-924.8k and a 4.44x industry multiple (adjusted for size and gross margin).
corenergy limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of CORENERGY LIMITED at £2.3m based on Net Assets of £970.4k and 2.38x industry multiple (adjusted for liquidity).
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Corenergy LimitedOverview
Corenergy Limited is a live company located in london, WC1A 2AJ with a Companies House number of 09342867. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in December 2014, it's largest shareholder is
sureserve energy services limited
with a 100% stake. Corenergy Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£7.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Corenergy Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £7.3m, make it larger than the average company (£640.6k)
£7.3m - Corenergy Limited
£640.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 69%, show it is growing at a faster rate (14.9%)
69% - Corenergy Limited
14.9% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (46.4%)
19% - Corenergy Limited
46.4% - Industry AVG
Profitability
an operating margin of -12.8% make it less profitable than the average company (7%)
-12.8% - Corenergy Limited
7% - Industry AVG
Employees
with 40 employees, this is above the industry average (8)
40 - Corenergy Limited
8 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has a higher pay structure (£41.4k)
£53.8k - Corenergy Limited
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £182.2k, this is more efficient (£95.6k)
£182.2k - Corenergy Limited
£95.6k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (53 days)
98 days - Corenergy Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (22 days)
52 days - Corenergy Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is in line with average (14 days)
15 days - Corenergy Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (39 weeks)
17 weeks - Corenergy Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.2%, this is a higher level of debt than the average (55.8%)
74.2% - Corenergy Limited
55.8% - Industry AVG
CORENERGY LIMITED financials
EXPORT
Corenergy Limited's latest turnover from September 2023 is £7.3 million and the company has net assets of £970.4 thousand. According to their latest financial statements, Corenergy Limited has 40 employees and maintains cash reserves of £928.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Turnover
7,287,339
6,080,266
4,574,316
1,517,777
721,846
1,186,351
816,140
540,643
363,568
Other Income Or Grants
Cost Of Sales
5,903,844
3,856,472
3,291,960
1,031,332
454,415
747,134
511,911
327,112
208,782
Gross Profit
1,383,495
2,223,794
1,282,356
486,445
267,431
439,217
304,229
213,531
154,785
Admin Expenses
2,317,811
1,135,934
284,451
210,611
202,775
386,216
397,519
212,815
32,548
Operating Profit
-934,316
1,087,860
997,905
275,834
64,656
53,001
-93,290
716
122,237
Interest Payable
Interest Receivable
99
1,052
466
217
163
325
Pre-Tax Profit
-1,075,468
1,088,805
955,020
275,933
65,709
53,467
-93,073
879
122,563
Tax
224,491
-171,035
-145,761
23,260
-12,485
-10,159
-176
-24,512
Profit After Tax
-850,977
917,770
809,259
299,193
53,224
43,308
-93,073
703
98,050
Dividends Paid
250,000
28,000
43,643
Retained Profit
-1,100,977
889,770
765,616
299,193
53,224
43,308
-93,073
703
98,050
Employee Costs
2,153,124
792,807
247,600
228,076
147,028
142,378
141,553
109,652
168,315
Number Of Employees
40
11
8
6
4
4
4
3
5
EBITDA*
-924,766
1,088,149
1,000,318
278,077
65,956
53,939
-93,290
716
123,057
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Tangible Assets
38,101
3,781
5,297
5,543
3,307
3,065
798
2,306
1,843
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
38,101
3,781
5,297
5,543
3,307
3,065
798
2,306
1,843
Stock & work in progress
251,911
326,910
116,256
Trade Debtors
1,956,967
349,017
1,652,244
152,988
145,674
312,649
231,313
146,469
55,636
Group Debtors
64,475
508,774
Misc Debtors
515,269
311,239
4,476
93,726
70,580
50,873
8,280
Cash
928,515
2,246,313
1,770,564
589,437
243,019
37,574
86,699
130,151
misc current assets
total current assets
3,717,137
3,742,253
3,427,284
836,151
459,273
401,096
442,548
146,469
185,787
total assets
3,755,238
3,746,034
3,432,581
841,694
462,580
404,161
443,346
148,775
187,630
Bank overdraft
Bank loan
Trade Creditors
851,982
628,753
1,169,712
207,149
127,080
183,235
90,874
50,022
73,977
Group/Directors Accounts
15,846
138,946
31,082
1,821
other short term finances
hp & lease commitments
other current liabilities
1,884,975
863,958
1,081,230
218,522
135,237
42,805
246,920
total current liabilities
2,752,803
1,631,657
2,250,942
425,671
262,317
257,122
339,615
50,022
73,977
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
32,003
42,968
total long term liabilities
32,003
42,968
total liabilities
2,784,806
1,674,625
2,250,942
425,671
262,317
257,122
339,615
50,022
73,977
net assets
970,432
2,071,409
1,181,639
416,023
200,263
147,039
103,731
98,753
113,653
total shareholders funds
970,432
2,071,409
1,181,639
416,023
200,263
147,039
103,731
98,753
113,653
Sep 2023
Sep 2022
Sep 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
-934,316
1,087,860
997,905
275,834
64,656
53,001
-93,290
716
122,237
Depreciation
9,550
289
2,413
2,243
1,300
938
820
Amortisation
Tax
224,491
-171,035
-145,761
23,260
-12,485
-10,159
-176
-24,512
Stock
-74,999
326,910
-116,256
116,256
Debtors
1,367,681
-487,690
1,410,006
30,460
-147,268
123,929
93,124
90,833
55,636
Creditors
223,229
-540,959
962,563
80,069
-56,155
92,361
40,852
-23,955
73,977
Accruals and Deferred Income
1,021,017
-217,272
862,708
83,285
92,432
-204,115
246,920
Deferred Taxes & Provisions
-10,965
42,968
Cash flow from operations
-759,676
362,631
1,269,822
434,231
237,016
-75,647
-14,898
-114,248
116,886
Investing Activities
capital expenditure
-43,870
1,227
-2,167
-4,479
-1,542
-3,205
1,508
-463
-2,663
Change in Investments
cash flow from investments
-43,870
1,227
-2,167
-4,479
-1,542
-3,205
1,508
-463
-2,663
Financing Activities
Bank loans
Group/Directors Accounts
-123,100
138,946
-31,082
29,261
1,821
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-83,433
98,051
-15,603
15,603
interest
99
1,052
466
217
163
325
cash flow from financing
-123,100
138,946
-83,334
-30,030
29,727
100,089
-15,440
15,928
cash and cash equivalents
cash
-1,317,798
475,749
1,181,127
346,418
205,445
-49,125
86,699
-130,151
130,151
overdraft
change in cash
-1,317,798
475,749
1,181,127
346,418
205,445
-49,125
86,699
-130,151
130,151
corenergy 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 corenergy limited. Get real-time insights into corenergy limited's credit score, group structure and payment trends.
Perform a competitor analysis for corenergy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in WC1A area or any other competitors across 12 key performance metrics.
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 corenergy limited. Currently there are 1 open charges and 1 have been satisfied in the past.
corenergy limited Capital Raised & Share Issues BETA
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corenergy limitedCompanies House Filings - See Documents
