evero energy holdings limited
evero energy holdings limited Company Information
Company Number
09642938
Website
-Registered Address
28 austin friars, london, EC2N 2QQ
Industry
Construction of utility projects for electricity and telecommunications
Telephone
08003688106
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bih holdings limited 100%
evero energy holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY HOLDINGS LIMITED at £20.2m based on a Turnover of £41.3m and 0.49x industry multiple (adjusted for size and gross margin).
evero energy holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY HOLDINGS LIMITED at £594.2m based on an EBITDA of £83.1m and a 7.15x industry multiple (adjusted for size and gross margin).
evero energy holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY HOLDINGS LIMITED at £0 based on Net Assets of £-231.3m and 1.44x industry multiple (adjusted for liquidity).
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Evero Energy Holdings Limited Overview
Evero Energy Holdings Limited is a live company located in london, EC2N 2QQ with a Companies House number of 09642938. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in June 2015, it's largest shareholder is bih holdings limited with a 100% stake. Evero Energy Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £41.3m with unknown growth in recent years.
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Evero Energy Holdings Limited Health Check
Pomanda's financial health check has awarded Evero Energy Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £41.3m, make it larger than the average company (£5.3m)
£41.3m - Evero Energy Holdings Limited
£5.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evero Energy Holdings Limited
- - Industry AVG
Production
with a gross margin of 28.1%, this company has a comparable cost of product (28.1%)
28.1% - Evero Energy Holdings Limited
28.1% - Industry AVG
Profitability
an operating margin of 157.7% make it more profitable than the average company (12.4%)
157.7% - Evero Energy Holdings Limited
12.4% - Industry AVG
Employees
with 169 employees, this is above the industry average (22)
- Evero Energy Holdings Limited
22 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Evero Energy Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £244.3k, this is equally as efficient (£244.5k)
- Evero Energy Holdings Limited
£244.5k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (50 days)
15 days - Evero Energy Holdings Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (34 days)
18 days - Evero Energy Holdings Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (12 days)
13 days - Evero Energy Holdings Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (21 weeks)
40 weeks - Evero Energy Holdings Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.4%, this is a higher level of debt than the average (79.4%)
137.4% - Evero Energy Holdings Limited
79.4% - Industry AVG
EVERO ENERGY HOLDINGS LIMITED financials
Evero Energy Holdings Limited's latest turnover from December 2022 is £41.3 million and the company has net assets of -£231.3 million. According to their latest financial statements, we estimate that Evero Energy Holdings Limited has 169 employees and maintains cash reserves of £34.7 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 | 41,282,000 | 20,082,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | |||||
| Cost Of Sales | 29,670,000 | 17,791,000 | 0 | |||||
| Gross Profit | 11,612,000 | 2,291,000 | 0 | |||||
| Admin Expenses | -53,469,000 | 138,325,000 | 0 | |||||
| Operating Profit | 65,081,000 | -136,034,000 | -1,055,000 | -770,000 | -365,000 | -1,000,000 | -82,367 | 0 |
| Interest Payable | 95,007,000 | 40,776,000 | 55,245,000 | 48,834,000 | 41,094,000 | 21,094,000 | 13,009,622 | 1,129,356 |
| Interest Receivable | 13,864,000 | 15,690,000 | 38,026,000 | 32,971,000 | 28,450,000 | 21,796,000 | 1,190,052 | 991,790 |
| Pre-Tax Profit | -915,000 | -168,050,000 | -122,231,000 | -13,813,000 | -11,918,000 | -1,382,000 | 24,010,417 | -137,566 |
| Tax | -28,683,000 | 40,003,000 | 695,000 | 242,000 | 0 | 0 | 0 | 0 |
| Profit After Tax | -29,598,000 | -128,047,000 | -121,536,000 | -13,571,000 | -11,918,000 | -1,382,000 | 24,010,417 | -137,566 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -10,777,000 | -75,393,000 | -121,536,000 | -13,571,000 | -11,918,000 | -1,382,000 | 24,010,417 | -137,566 |
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||
| EBITDA* | 83,144,000 | -131,902,000 | -1,055,000 | -770,000 | -365,000 | -1,000,000 | -82,367 | 0 |
* 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 | 607,696,000 | 636,897,000 | 250,511,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 228,258,000 | 189,984,000 | 242,763,000 | 299,166,000 | 252,926,000 | 213,637,000 | 149,767,026 | 69,654,790 |
| Debtors (Due After 1 year) | 34,024,000 | 62,707,000 | 6,811,000 | 5,021,000 | 6,910,000 | 5,830,000 | 2,454,619 | 0 |
| Total Fixed Assets | 573,672,000 | 574,190,000 | 249,574,000 | 304,187,000 | 259,836,000 | 219,467,000 | 152,221,645 | 69,654,790 |
| Stock & work in progress | 1,087,000 | 981,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,749,000 | 3,219,000 | 118,742,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,180,000 | 0 | 0 | 131,937,000 | 136,367,000 | 0 | 0 | 0 |
| Misc Debtors | 4,609,000 | 9,875,000 | 0 | 243,000 | 1,000 | 30,000 | 13,424,829 | 991,790 |
| Cash | 34,690,000 | 6,680,000 | 2,736,000 | 4,793,000 | 13,920,000 | 3,267,000 | 4,052,877 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,315,000 | 21,230,000 | 124,278,000 | 136,973,000 | 150,288,000 | 3,297,000 | 17,477,706 | 991,791 |
| total assets | 618,987,000 | 595,420,000 | 373,852,000 | 441,160,000 | 410,124,000 | 222,764,000 | 169,699,351 | 70,646,581 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,490,000 | 2,145,000 | 2,000 | 5,000 | 18,000 | 36,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 9,152,000 | 7,706,000 | 0 | 0 | 0 |
| other short term finances | 17,495,000 | 58,535,000 | 0 | 98,164,000 | 0 | 0 | 0 | 1,129,356 |
| hp & lease commitments | 780,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,682,000 | 33,217,000 | 4,729,000 | 36,000 | 3,625,000 | 724,000 | 53,970 | 0 |
| total current liabilities | 44,447,000 | 93,897,000 | 4,731,000 | 107,357,000 | 11,349,000 | 760,000 | 53,970 | 1,129,356 |
| loans | 1,574,998,000 | 1,405,818,000 | 0 | 362,228,000 | 413,262,000 | 220,232,000 | 145,772,529 | 0 |
| hp & lease commitments | 12,511,000 | 14,953,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 18,312,000 | 19,108,000 | 0 | 0 | 367,000 | 4,708,000 | 0 | 0 |
| other liabilities | 0 | 0 | 519,082,000 | 0 | 0 | 0 | 0 | 69,654,790 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 805,811,000 | 722,017,000 | 519,082,000 | 362,228,000 | 413,629,000 | 224,940,000 | 145,772,529 | 69,654,790 |
| total liabilities | 850,258,000 | 815,914,000 | 523,813,000 | 469,585,000 | 424,978,000 | 225,700,000 | 145,826,499 | 70,784,146 |
| net assets | -231,271,000 | -220,494,000 | -149,961,000 | -28,425,000 | -14,854,000 | -2,936,000 | 23,872,852 | -137,565 |
| total shareholders funds | -231,271,000 | -220,494,000 | -149,961,000 | -28,425,000 | -14,854,000 | -2,936,000 | 23,872,852 | -137,565 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 65,081,000 | -136,034,000 | -1,055,000 | -770,000 | -365,000 | -1,000,000 | -82,367 | 0 |
| Depreciation | 18,063,000 | 4,132,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -28,683,000 | 40,003,000 | 695,000 | 242,000 | 0 | 0 | 0 | 0 |
| Stock | 106,000 | 981,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -32,239,000 | -49,752,000 | -11,648,000 | -6,077,000 | 137,418,000 | -10,019,448 | 14,887,658 | 991,790 |
| Creditors | -655,000 | 2,143,000 | -3,000 | -13,000 | -18,000 | 36,000 | 0 | 0 |
| Accruals and Deferred Income | -9,331,000 | 47,596,000 | 4,693,000 | -3,956,000 | -1,440,000 | 5,378,030 | 53,970 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 76,608,000 | 6,611,000 | 15,978,000 | 1,580,000 | -139,241,000 | 14,433,478 | -14,916,055 | -991,790 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 38,274,000 | -52,779,000 | -56,403,000 | 46,240,000 | 39,289,000 | 63,869,974 | 80,112,236 | 69,654,790 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -9,152,000 | 1,446,000 | 7,706,000 | 0 | 0 | 0 |
| Other Short Term Loans | -41,040,000 | 58,535,000 | -98,164,000 | 98,164,000 | 0 | 0 | -1,129,356 | 1,129,356 |
| Long term loans | 169,180,000 | 1,405,818,000 | -362,228,000 | -51,034,000 | 193,030,000 | 74,459,471 | 145,772,529 | 0 |
| Hire Purchase and Lease Commitments | -1,662,000 | 14,953,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -519,082,000 | 519,082,000 | 0 | 0 | 0 | -69,654,790 | 69,654,790 |
| share issue | ||||||||
| interest | -81,143,000 | -25,086,000 | -17,219,000 | -15,863,000 | -12,644,000 | 702,000 | -11,819,570 | -137,566 |
| cash flow from financing | 45,335,000 | 939,998,000 | 32,319,000 | 32,713,000 | 188,092,000 | 49,734,619 | 63,168,813 | 70,646,581 |
| cash and cash equivalents | ||||||||
| cash | 28,010,000 | 3,944,000 | -2,057,000 | -9,127,000 | 10,653,000 | -785,877 | 4,052,876 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 28,010,000 | 3,944,000 | -2,057,000 | -9,127,000 | 10,653,000 | -785,877 | 4,052,876 | 1 |
evero energy holdings limited Credit Report and Business Information
Evero Energy Holdings Limited Competitor Analysis
Perform a competitor analysis for evero energy holdings 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 holdings limited Ownership
EVERO ENERGY HOLDINGS LIMITED group structure
Evero Energy Holdings Limited has 8 subsidiary companies.
Ultimate parent company
2 parents
EVERO ENERGY HOLDINGS LIMITED
09642938
8 subsidiaries
evero energy holdings limited directors
Evero Energy Holdings Limited currently has 2 directors. The longest serving directors include Mr Elliot Renton (Sep 2020) and Mr Simon Hicks (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elliot Renton | England | 57 years | Sep 2020 | - | Director |
| Mr Simon Hicks | England | 56 years | Jun 2021 | - | Director |
P&L
December 2022turnover
41.3m
+106%
operating profit
65.1m
-148%
gross margin
28.2%
+146.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-231.3m
+0.05%
total assets
619m
+0.04%
cash
34.7m
+4.19%
net assets
Total assets minus all liabilities
Similar Companies
evero energy holdings limited company details
company number
09642938
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
June 2015
age
9
incorporated
UK
accounts
Group
ultimate parent company
previous names
bioenergy infrastructure holdings limited (June 2023)
last accounts submitted
December 2022
address
28 austin friars, london, EC2N 2QQ
accountant
-
auditor
BDO LLP
evero energy holdings 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 4 charges/mortgages relating to evero energy holdings limited. Currently there are 3 open charges and 1 have been satisfied in the past.
evero energy holdings limited Companies House Filings - See Documents
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