salford power limited

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salford power limited Company Information

Share SALFORD POWER LIMITED

Company Number

10132552

Shareholders

generate uk power i limited

Group Structure

View All

Industry

Production of electricity

 

Registered Address

1 bartholomew lane, london, EC2N 2AX

salford power limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of SALFORD POWER LIMITED at £2.4m based on a Turnover of £1.3m and 1.75x industry multiple (adjusted for size and gross margin).

salford power limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SALFORD POWER LIMITED at £0 based on an EBITDA of £-864.1k and a 4.98x industry multiple (adjusted for size and gross margin).

salford power limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SALFORD POWER LIMITED at £0 based on Net Assets of £-841.2k and 2.63x industry multiple (adjusted for liquidity).

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Salford Power Limited Overview

Salford Power Limited is a live company located in london, EC2N 2AX with a Companies House number of 10132552. It operates in the production of electricity sector, SIC Code 35110. Founded in April 2016, it's largest shareholder is generate uk power i limited with a 100% stake. Salford Power Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

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Salford Power Limited Health Check

Pomanda's financial health check has awarded Salford Power Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £670.1k, make it smaller than the average company (£1.5m)

£670.1k - Salford Power Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (7.9%)

57% - Salford Power Limited

7.9% - Industry AVG

production

Production

with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)

69.8% - Salford Power Limited

69.8% - Industry AVG

profitability

Profitability

an operating margin of -71.8% make it less profitable than the average company (49.1%)

-71.8% - Salford Power Limited

49.1% - Industry AVG

employees

Employees

with 3 employees, this is similar to the industry average (3)

3 - Salford Power Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Salford Power Limited

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £223.4k, this is less efficient (£369.6k)

£223.4k - Salford Power Limited

£369.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Salford Power Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is slower than average (22 days)

27 days - Salford Power Limited

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Salford Power Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (12 weeks)

22 weeks - Salford Power Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 104.7%, this is a higher level of debt than the average (89.7%)

104.7% - Salford Power Limited

89.7% - Industry AVG

SALFORD POWER LIMITED financials

EXPORTms excel logo

Salford Power Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of -£841.2 thousand. According to their latest financial statements, Salford Power Limited has 3 employees and maintains cash reserves of £916.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023May 2023May 2022May 2021May 2020May 2019May 2018Sep 2017
Turnover1,349,223670,086865,527254,089172,9312,40714,25656,302
Other Income Or Grants
Cost Of Sales390,922202,667323,335106,90373,2559626,23526,968
Gross Profit958,301467,419542,192147,18699,6771,4468,02129,335
Admin Expenses1,822,397948,513542,892147,18999,9321,5068,06129,390
Operating Profit-864,096-481,094-700-3-255-60-40-55
Interest Payable
Interest Receivable24,04786,643
Pre-Tax Profit-840,049-394,451-700-3-255-60-40-55
Tax
Profit After Tax-840,049-394,451-700-3-255-60-40-55
Dividends Paid
Retained Profit-840,049-394,451-700-3-255-60-40-55
Employee Costs235,759216,596209,397186,65461,53859,90058,33359,950
Number Of Employees33331111
EBITDA*-864,096-481,094-700-3-255-60-40-55

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023May 2023May 2022May 2021May 2020May 2019May 2018Sep 2017
Tangible Assets8,911,4494,043,460251,745250,595219,246185,17179,78552,660
Intangible Assets
Investments & Other
Debtors (Due After 1 year)32,258
Total Fixed Assets8,911,4494,043,460284,003250,595219,246185,17179,78552,660
Stock & work in progress
Trade Debtors5504,495
Group Debtors
Misc Debtors149,826547,773674,3193,565404
Cash916,0503,850,7593636113331225
misc current assets
total current assets1,065,8764,398,53236674,9051133,5984164,520
total assets9,977,3258,441,992284,039925,500219,359188,76980,20157,180
Bank overdraft
Bank loan
Trade Creditors 15,360903403902,422
Group/Directors Accounts10,670,8507,950,071156,039925,822219,428188,53377,873
other short term finances
hp & lease commitments
other current liabilities147,636872,124129,112
total current liabilities10,818,4868,837,555285,151925,912219,768188,92380,295
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities57,234
provisions
total long term liabilities57,234
total liabilities10,818,4868,837,555285,151925,912219,768188,92380,29557,234
net assets-841,161-395,563-1,112-412-409-154-94-54
total shareholders funds-841,161-395,563-1,112-412-409-154-94-54
Dec 2023May 2023May 2022May 2021May 2020May 2019May 2018Sep 2017
Operating Activities
Operating Profit-864,096-481,094-700-3-255-60-40-55
Depreciation
Amortisation
Tax
Stock
Debtors117,568515,515-642,611674,869-3,5653,161-4,0914,495
Creditors15,360-90-250-50-2,0322,422
Accruals and Deferred Income18,524743,012129,112
Deferred Taxes & Provisions
Cash flow from operations-963,140-238,237770,933-675,1223,260-5,2536,473-4,550
Investing Activities
capital expenditure-8,659,704-3,791,715-1,150-31,349-34,075-105,386-27,125-52,660
Change in Investments
cash flow from investments-8,659,704-3,791,715-1,150-31,349-34,075-105,386-27,125-52,660
Financing Activities
Bank loans
Group/Directors Accounts10,514,8117,794,032-769,783706,39430,895110,66077,873
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-57,23457,234
share issue1
interest24,04786,643
cash flow from financing10,538,8587,880,675-769,783706,39430,895110,66020,63957,235
cash and cash equivalents
cash916,0143,850,723-778021-1325
overdraft
change in cash916,0143,850,723-778021-1325

salford power 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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Salford Power Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for salford power limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in EC2N area or any other competitors across 12 key performance metrics.

salford power limited Ownership

SALFORD POWER LIMITED group structure

Salford Power Limited has no subsidiary companies.

Ultimate parent company

GENERATE EUROPE HOLDINGS LLC

#0148255

2 parents

SALFORD POWER LIMITED

10132552

SALFORD POWER LIMITED Shareholders

generate uk power i limited 100%

salford power limited directors

Salford Power Limited currently has 3 directors. The longest serving directors include Mr Florian Gerbier (Dec 2023) and Shwetha Janarthanan (Dec 2023).

officercountryagestartendrole
Mr Florian GerbierEngland38 years Dec 2023- Director
Shwetha JanarthananEngland39 years Dec 2023- Director
Mr Eduardo Clemente LorenteEngland40 years Dec 2023- Director

P&L

December 2023

turnover

1.3m

+56%

operating profit

-864.1k

0%

gross margin

71.1%

+13.38%

turnover

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

Balance Sheet

December 2023

net assets

-841.2k

+755.44%

total assets

10m

+34.13%

cash

916.1k

+25444.83%

net assets

Total assets minus all liabilities

salford power limited company details

company number

10132552

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

GENERATE EUROPE HOLDINGS LLC

accounts

Small Company

last accounts submitted

December 2023

previous names

stor 129 ltd (February 2023)

accountant

PKF FRANCIS CLARK

auditor

-

address

1 bartholomew lane, london, EC2N 2AX

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

salford power 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 salford power limited.

salford power 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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salford power limited Companies House Filings - See Documents

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