renovare fuels limited

renovare fuels limited Company Information

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Company Number

09812770

Industry

Engineering related scientific and technical consulting activities

 

Directors

Matthew Stone

Devin Walker

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Shareholders

matthew thomas stone

t2c energy

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Group Structure

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Contact

Registered Address

c/o mishcon de reya,, africa house, london, WC2B 6AH

renovare fuels limited Estimated Valuation

£601k

Pomanda estimates the enterprise value of RENOVARE FUELS LIMITED at £601k based on a Turnover of £1.3m and 0.47x industry multiple (adjusted for size and gross margin).

renovare fuels limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of RENOVARE FUELS LIMITED at £1.8m based on an EBITDA of £473.6k and a 3.83x industry multiple (adjusted for size and gross margin).

renovare fuels limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of RENOVARE FUELS LIMITED at £1.2m based on Net Assets of £501.9k and 2.44x industry multiple (adjusted for liquidity).

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Renovare Fuels Limited Overview

Renovare Fuels Limited is a live company located in london, WC2B 6AH with a Companies House number of 09812770. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in October 2015, it's largest shareholder is matthew thomas stone with a 47% stake. Renovare Fuels Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Renovare Fuels Limited Health Check

Pomanda's financial health check has awarded Renovare Fuels Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£1.8m)

£1.3m - Renovare Fuels Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.7%)

-1% - Renovare Fuels Limited

6.7% - Industry AVG

production

Production

with a gross margin of 21.8%, this company has a higher cost of product (35.4%)

21.8% - Renovare Fuels Limited

35.4% - Industry AVG

profitability

Profitability

an operating margin of 37.1% make it more profitable than the average company (5.9%)

37.1% - Renovare Fuels Limited

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (17)

3 - Renovare Fuels Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)

£52.9k - Renovare Fuels Limited

£52.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £425.6k, this is more efficient (£100.8k)

£425.6k - Renovare Fuels Limited

£100.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 202 days, this is later than average (75 days)

202 days - Renovare Fuels Limited

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 75 days, this is slower than average (22 days)

75 days - Renovare Fuels Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Renovare Fuels Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Renovare Fuels Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.1%, this is a lower level of debt than the average (54.4%)

29.1% - Renovare Fuels Limited

54.4% - Industry AVG

RENOVARE FUELS LIMITED financials

EXPORTms excel logo

Renovare Fuels Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £501.9 thousand. According to their latest financial statements, Renovare Fuels Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover1,276,771627,0911,189,7101,315,723734,484178,887136,1910
Other Income Or Grants00000000
Cost Of Sales998,424502,090953,8061,057,958578,651142,118106,1370
Gross Profit278,347125,001235,904257,766155,83436,76930,0540
Admin Expenses-195,253600,498369,055-203,492-117,217-1,497,7061,010,730105,119
Operating Profit473,600-475,497-133,151461,258273,0511,534,475-980,676-105,119
Interest Payable00000000
Interest Receivable000002,2721,53510
Pre-Tax Profit473,600-475,497-133,151461,258273,0511,536,747-979,141-105,109
Tax-118,40000-87,639-51,880-291,98200
Profit After Tax355,200-475,497-133,151373,619221,1711,244,765-979,141-105,109
Dividends Paid00000000
Retained Profit355,200-475,497-133,151373,619221,1711,244,765-979,141-105,109
Employee Costs158,582213,269217,922150,946149,209156,81099,9940
Number Of Employees34433320
EBITDA*473,600-475,497-133,151461,258273,0511,534,475-980,676-105,119

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets110028440600
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets110028440600
Stock & work in progress00000000
Trade Debtors707,739277,037729,933820,208436,538000
Group Debtors00000000
Misc Debtors00000187,06333,11732,161
Cash000000605,7428,194
misc current assets00000000
total current assets707,739277,037729,933820,208436,538187,063638,85940,355
total assets707,740277,038729,933820,208436,822187,469638,85940,355
Bank overdraft00000000
Bank loan00000000
Trade Creditors 205,883130,381107,77964,90355,13626,95400
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000016,28419,612
total current liabilities205,883130,381107,77964,90355,13626,95416,28419,612
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities205,883130,381107,77964,90355,13626,95416,28419,612
net assets501,857146,657622,154755,305381,686160,515622,57520,743
total shareholders funds501,857146,657622,154755,305381,686160,515622,57520,743
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit473,600-475,497-133,151461,258273,0511,534,475-980,676-105,119
Depreciation00000000
Amortisation00000000
Tax-118,40000-87,639-51,880-291,98200
Stock00000000
Debtors430,702-452,896-90,275383,670249,475153,94695632,161
Creditors75,50222,60242,8769,76728,18226,95400
Accruals and Deferred Income00000-16,284-3,32819,612
Deferred Taxes & Provisions00000000
Cash flow from operations010-284-1221,099,217-984,960-117,668
Investing Activities
capital expenditure0-10284122-40600
Change in Investments00000000
cash flow from investments0-10284122-40600
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000-1,706,8251,580,973125,852
interest000002,2721,53510
cash flow from financing00000-1,704,5531,582,508125,862
cash and cash equivalents
cash00000-605,742597,5488,194
overdraft00000000
change in cash00000-605,742597,5488,194

renovare fuels limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Renovare Fuels Limited Competitor Analysis

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Perform a competitor analysis for renovare fuels limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WC2B area or any other competitors across 12 key performance metrics.

renovare fuels limited Ownership

RENOVARE FUELS LIMITED group structure

Renovare Fuels Limited has 2 subsidiary companies.

Ultimate parent company

RENOVARE FUELS LIMITED

09812770

2 subsidiaries

RENOVARE FUELS LIMITED Shareholders

matthew thomas stone 46.97%
t2c energy 9.33%
duncan stewart clark 2.99%
stuart white 2.25%
kevin godlington 1.56%
andrew david frederick craig 1.37%
amanda billington 1.35%
janet wicks 1.1%
christopher roger heminway 1.1%
patrick thomas mchugh 0.92%

renovare fuels limited directors

Renovare Fuels Limited currently has 3 directors. The longest serving directors include Mr Matthew Stone (Jun 2016) and Mr Devin Walker (Jun 2016).

officercountryagestartendrole
Mr Matthew StoneUnited Kingdom45 years Jun 2016- Director
Mr Devin WalkerEngland40 years Jun 2016- Director
Mr Duncan ClarkEngland48 years Jan 2018- Director

P&L

December 2023

turnover

1.3m

+104%

operating profit

473.6k

0%

gross margin

21.9%

+9.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

501.9k

+2.42%

total assets

707.7k

+1.55%

cash

0

0%

net assets

Total assets minus all liabilities

renovare fuels limited company details

company number

09812770

Type

Private limited with Share Capital

industry

71122 - Engineering related scientific and technical consulting activities

incorporation date

October 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

mm&s (5898) limited (November 2015)

accountant

HAGGARDS CROWTHER LLP

auditor

-

address

c/o mishcon de reya,, africa house, london, WC2B 6AH

Bank

-

Legal Advisor

-

renovare fuels 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 renovare fuels limited.

renovare fuels 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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renovare fuels limited Companies House Filings - See Documents

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