Pomanda estimates the enterprise value of NORTH TENEMENT SOLAR LIMITED at £1.5m based on a Turnover of £995.8k and 1.51x industry multiple (adjusted for size and gross margin).
north tenement solar limitedEstimated Valuation
£3.2m
Pomanda estimates the enterprise value of NORTH TENEMENT SOLAR LIMITED at £3.2m based on an EBITDA of £728.1k and a 4.34x industry multiple (adjusted for size and gross margin).
north tenement solar limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of NORTH TENEMENT SOLAR LIMITED at £4.3m based on Net Assets of £1.6m and 2.69x industry multiple (adjusted for liquidity).
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North Tenement Solar LimitedOverview
North Tenement Solar Limited is a live company located in london, EC1N 2HU with a Companies House number of 09839947. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2015, it's largest shareholder is
ri income uk holdings limited
with a 100% stake. North Tenement Solar Limited is a established,
small sized company, Pomanda has estimated its turnover at
£995.8k with
high
growth in recent years.
Pomanda's financial health check has awarded North Tenement Solar Limited a 3 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 Rating3out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £995.8k, make it smaller than the average company (£1.8m)
£995.8k - North Tenement Solar Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.8%)
27% - North Tenement Solar Limited
10.8% - Industry AVG
Production
with a gross margin of 48.5%, this company has a higher cost of product (70.9%)
48.5% - North Tenement Solar Limited
70.9% - Industry AVG
Profitability
an operating margin of 47.3% make it as profitable than the average company (51.1%)
47.3% - North Tenement Solar Limited
51.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - North Tenement Solar Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - North Tenement Solar Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £497.9k, this is equally as efficient (£449.4k)
£497.9k - North Tenement Solar Limited
£449.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - North Tenement Solar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (21 days)
9 days - North Tenement Solar Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - North Tenement Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (9 weeks)
6 weeks - North Tenement Solar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.2%, this is a lower level of debt than the average (90%)
53.2% - North Tenement Solar Limited
90% - Industry AVG
NORTH TENEMENT SOLAR LIMITED financials
EXPORT
North Tenement Solar Limited's latest turnover from December 2023 is £995.8 thousand and the company has net assets of £1.6 million. According to their latest financial statements, North Tenement Solar Limited has 2 employees and maintains cash reserves of £206 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Dec 2016
Turnover
995,838
960,206
843,287
485,314
724,809
393,033
481,617
Other Income Or Grants
Cost Of Sales
512,852
384,457
355,094
349,595
338,478
251,654
366,023
Gross Profit
482,986
575,749
488,193
135,719
386,331
141,379
115,594
Admin Expenses
12,479
5,512
9,231
9,453
8,923
4,885
13,425
Operating Profit
470,507
570,237
478,962
126,266
377,408
136,494
102,169
Interest Payable
116,972
157,034
192,041
207,813
227,124
170,193
169,775
Interest Receivable
Pre-Tax Profit
353,535
413,203
286,921
-81,547
150,284
-33,699
-67,606
Tax
11,729
-91,684
-55,668
-1,382
-22,006
14,415
Profit After Tax
365,264
321,519
231,253
-82,929
128,278
-19,284
-67,606
Dividends Paid
Retained Profit
365,264
321,519
231,253
-82,929
128,278
-19,284
-67,606
Employee Costs
Number Of Employees
2
2
2
2
2
2
2
1
EBITDA*
728,105
823,369
730,479
377,639
628,780
326,579
351,986
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Dec 2016
Tangible Assets
3,180,215
3,461,808
3,644,940
3,891,435
4,142,808
4,394,180
4,184,799
685,435
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,180,215
3,461,808
3,644,940
3,891,435
4,142,808
4,394,180
4,184,799
685,435
Stock & work in progress
Trade Debtors
2,851
29,175
67,618
2,085
16,894
12,172
Group Debtors
Misc Debtors
69,076
85,126
90,435
67,184
111,517
144,063
133,936
281,907
Cash
205,981
181,289
62,930
112,321
90,743
144,558
896,356
misc current assets
total current assets
275,057
269,266
182,540
247,123
204,345
305,515
1,042,464
281,907
total assets
3,455,272
3,731,074
3,827,480
4,138,558
4,347,153
4,699,695
5,227,263
967,342
Bank overdraft
Bank loan
Trade Creditors
13,899
16,496
1,150
1,150
1,131
27,764
967,341
Group/Directors Accounts
1,420,770
2,098,711
2,712,931
3,339,478
3,460,227
3,932,742
5,147,204
other short term finances
hp & lease commitments
other current liabilities
273,225
219,800
111,799
52,157
49,503
31,474
147,664
total current liabilities
1,707,894
2,335,007
2,825,880
3,392,785
3,510,861
3,991,980
5,294,868
967,341
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
130,912
144,865
24,574
7,590
6,406
total long term liabilities
130,912
144,865
24,574
7,590
6,406
total liabilities
1,838,806
2,479,872
2,850,454
3,392,785
3,518,451
3,998,386
5,294,868
967,341
net assets
1,616,466
1,251,202
977,026
745,773
828,702
701,309
-67,605
1
total shareholders funds
1,616,466
1,251,202
977,026
745,773
828,702
701,309
-67,605
1
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Apr 2018
Dec 2016
Operating Activities
Operating Profit
470,507
570,237
478,962
126,266
377,408
136,494
102,169
Depreciation
257,598
253,132
251,517
251,373
251,372
190,085
249,817
Amortisation
Tax
11,729
-91,684
-55,668
-1,382
-22,006
14,415
Stock
Debtors
-18,901
-31,633
-15,192
21,200
-47,355
160,957
146,108
281,907
Creditors
-2,597
15,346
19
-26,633
27,764
967,341
Accruals and Deferred Income
53,425
108,001
59,642
2,654
18,029
31,474
147,664
Deferred Taxes & Provisions
-13,953
120,291
24,574
-7,590
1,184
6,406
Cash flow from operations
795,610
1,006,956
774,219
350,140
646,709
245,681
353,542
685,434
Investing Activities
capital expenditure
23,995
-70,000
-5,022
-4,584,265
-4,434,616
-685,435
Change in Investments
cash flow from investments
23,995
-70,000
-5,022
-4,584,265
-4,434,616
-685,435
Financing Activities
Bank loans
Group/Directors Accounts
-677,941
-614,220
-626,547
-120,749
-472,515
3,932,742
5,147,204
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-47,343
-885
720,593
1
1
interest
-116,972
-157,034
-192,041
-207,813
-227,124
-170,193
-169,775
cash flow from financing
-794,913
-818,597
-818,588
-328,562
-700,524
4,483,142
4,977,430
1
cash and cash equivalents
cash
24,692
118,359
-49,391
21,578
-53,815
144,558
896,356
overdraft
change in cash
24,692
118,359
-49,391
21,578
-53,815
144,558
896,356
north tenement solar 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 north tenement solar limited. Get real-time insights into north tenement solar limited's credit score, group structure and payment trends.
Perform a competitor analysis for north tenement solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.
north tenement solar limited Ownership
NORTH TENEMENT SOLAR LIMITED group structure
North Tenement Solar Limited has no subsidiary companies.
The sole shareholder of North Tenement Solar Limited is Ri Income Uk Holdings Limited.
ri income uk holdings limited
100%
north tenement solar limited directors
North Tenement Solar Limited currently has 2 directors.
The longest serving directors include
Ms Katharina Sudeck (Feb 2024) and
Mr Patrick O'Kane (Mar 2025).
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 north tenement solar limited.
north tenement solar limited Capital Raised & Share Issues BETA
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north tenement solar limitedCompanies House Filings - See Documents
