Pomanda estimates the enterprise value of ASC RENEWABLES PROJECTS 2 LIMITED at £171.8k based on a Turnover of £379.5k and 0.45x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ASC RENEWABLES PROJECTS 2 LIMITED at £86 based on an EBITDA of £28 and a 3.1x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ASC RENEWABLES PROJECTS 2 LIMITED at £0 based on Net Assets of £-322.7k and 2.24x industry multiple (adjusted for liquidity).
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Asc Renewables Projects 2 LimitedOverview
Asc Renewables Projects 2 Limited is a live company located in manchester, M3 5NA with a Companies House number of 09629183. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 2015, it's largest shareholder is
evergreen energy ltd
with a 100% stake. Asc Renewables Projects 2 Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£379.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Asc Renewables Projects 2 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
5 Weak
Size
annual sales of £379.5k, make it smaller than the average company (£2.1m)
£379.5k - Asc Renewables Projects 2 Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10%)
-2% - Asc Renewables Projects 2 Limited
10% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (47.3%)
25.3% - Asc Renewables Projects 2 Limited
47.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.5%)
0% - Asc Renewables Projects 2 Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Asc Renewables Projects 2 Limited
18 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
£51.7k - Asc Renewables Projects 2 Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £189.8k, this is more efficient (£119.4k)
£189.8k - Asc Renewables Projects 2 Limited
£119.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Asc Renewables Projects 2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 415 days, this is slower than average (31 days)
415 days - Asc Renewables Projects 2 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Asc Renewables Projects 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Asc Renewables Projects 2 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Asc Renewables Projects 2 Limited
- - Industry AVG
ASC RENEWABLES PROJECTS 2 LIMITED financials
EXPORT
Asc Renewables Projects 2 Limited's latest turnover from June 2024 is estimated at £379.5 thousand and the company has net assets of -£322.7 thousand. According to their latest financial statements, Asc Renewables Projects 2 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Turnover
379,519
398,456
391,044
398,783
861,756
774,840
793,306
604,099
Other Income Or Grants
Cost Of Sales
283,440
301,715
300,095
306,870
638,213
574,630
591,098
441,111
Gross Profit
96,079
96,741
90,949
91,913
223,543
200,209
202,208
162,988
Admin Expenses
96,051
110,242
91,600
92,746
224,043
200,209
202,207
24,967
445,236
Operating Profit
28
-13,501
-651
-833
-500
1
-24,967
-282,248
Interest Payable
Interest Receivable
Pre-Tax Profit
28
-13,501
-651
-833
-500
1
-24,967
-282,248
Tax
-7
Profit After Tax
21
-13,501
-651
-833
-500
1
-24,967
-282,248
Dividends Paid
Retained Profit
21
-13,501
-651
-833
-500
1
-24,967
-282,248
Employee Costs
103,366
99,278
93,867
89,833
219,094
180,323
176,252
172,072
Number Of Employees
2
2
2
2
5
4
4
4
EBITDA*
28
-13,501
-651
-833
-500
1
-24,967
-282,248
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
total assets
Bank overdraft
Bank loan
Trade Creditors
322,678
322,698
309,198
308,547
307,714
307,214
307,214
282,247
Group/Directors Accounts
306,264
other short term finances
hp & lease commitments
other current liabilities
950
total current liabilities
322,678
322,698
309,198
308,547
307,714
307,214
307,214
307,214
282,247
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
322,678
322,698
309,198
308,547
307,714
307,214
307,214
307,214
282,247
net assets
-322,678
-322,698
-309,198
-308,547
-307,714
-307,214
-307,214
-307,214
-282,247
total shareholders funds
-322,678
-322,698
-309,198
-308,547
-307,714
-307,214
-307,214
-307,214
-282,247
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Operating Activities
Operating Profit
28
-13,501
-651
-833
-500
1
-24,967
-282,248
Depreciation
Amortisation
Tax
-7
Stock
Debtors
Creditors
-20
13,500
651
833
500
307,214
-282,247
282,247
Accruals and Deferred Income
-950
950
Deferred Taxes & Provisions
Cash flow from operations
1
-1
306,265
-306,264
-1
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-306,264
306,264
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
-1
1
interest
cash flow from financing
-1
1
-306,265
306,264
1
cash and cash equivalents
cash
overdraft
change in cash
asc renewables projects 2 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 asc renewables projects 2 limited. Get real-time insights into asc renewables projects 2 limited's credit score, group structure and payment trends.
Perform a competitor analysis for asc renewables projects 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
asc renewables projects 2 limited Ownership
ASC RENEWABLES PROJECTS 2 LIMITED group structure
Asc Renewables Projects 2 Limited has no subsidiary companies.
The sole shareholder of Asc Renewables Projects 2 Limited is Evergreen Energy Ltd.
evergreen energy ltd
100%
asc renewables projects 2 limited directors
Asc Renewables Projects 2 Limited currently has 2 directors.
The longest serving directors include
Mr Anthony Critchlow (Jun 2015) and
Mr Andrew Muir-Simpson (Jun 2015).
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 asc renewables projects 2 limited.
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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asc renewables projects 2 limitedCompanies House Filings - See Documents
