renewable clean energy 3 limited
renewable clean energy 3 limited Company Information
Company Number
10167673
Registered Address
80 fenchurch street, london, EC3M 4AE
Industry
Production of electricity
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
aviva investors pip solar pv no.1 limited 100%
renewable clean energy 3 limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE CLEAN ENERGY 3 LIMITED at £193.1k based on a Turnover of £152.3k and 1.27x industry multiple (adjusted for size and gross margin).
renewable clean energy 3 limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE CLEAN ENERGY 3 LIMITED at £190.4k based on an EBITDA of £49.7k and a 3.83x industry multiple (adjusted for size and gross margin).
renewable clean energy 3 limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE CLEAN ENERGY 3 LIMITED at £0 based on Net Assets of £-577.6k and 2.69x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Renewable Clean Energy 3 Limited Overview
Renewable Clean Energy 3 Limited is a live company located in london, EC3M 4AE with a Companies House number of 10167673. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2016, it's largest shareholder is aviva investors pip solar pv no.1 limited with a 100% stake. Renewable Clean Energy 3 Limited is a young, micro sized company, Pomanda has estimated its turnover at £152.3k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Renewable Clean Energy 3 Limited Health Check
Pomanda's financial health check has awarded Renewable Clean Energy 3 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £152.3k, make it smaller than the average company (£1.3m)
£152.3k - Renewable Clean Energy 3 Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.9%)
4% - Renewable Clean Energy 3 Limited
4.9% - Industry AVG
Production
with a gross margin of 40.2%, this company has a higher cost of product (70.5%)
40.2% - Renewable Clean Energy 3 Limited
70.5% - Industry AVG
Profitability
an operating margin of -11.6% make it less profitable than the average company (45.7%)
-11.6% - Renewable Clean Energy 3 Limited
45.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Renewable Clean Energy 3 Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Renewable Clean Energy 3 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £152.3k, this is less efficient (£316k)
- Renewable Clean Energy 3 Limited
£316k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Clean Energy 3 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (22 days)
7 days - Renewable Clean Energy 3 Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Clean Energy 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (8 weeks)
24 weeks - Renewable Clean Energy 3 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.6%, this is a higher level of debt than the average (94.7%)
152.6% - Renewable Clean Energy 3 Limited
94.7% - Industry AVG
RENEWABLE CLEAN ENERGY 3 LIMITED financials
Renewable Clean Energy 3 Limited's latest turnover from December 2022 is £152.3 thousand and the company has net assets of -£577.6 thousand. According to their latest financial statements, we estimate that Renewable Clean Energy 3 Limited has 1 employee and maintains cash reserves of £87.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 152,347 | 136,522 | 146,584 | 135,090 | 124,453 | 8,307 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 91,099 | 88,605 | 85,743 | 88,104 | 57,595 | 14,594 | 0 |
| Gross Profit | 61,248 | 47,917 | 60,841 | 46,986 | 66,858 | -6,287 | 0 |
| Admin Expenses | 78,877 | 74,047 | 95,835 | 58,254 | 23,153 | 13,105 | 0 |
| Operating Profit | -17,629 | -26,130 | -34,994 | -11,268 | 43,705 | -19,392 | 0 |
| Interest Payable | 234,506 | 133,400 | 58,139 | 71,640 | 74,005 | 8,590 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -252,135 | -160,042 | -91,132 | -84,760 | -32,157 | -27,982 | 0 |
| Tax | 47,221 | 30,559 | 9,208 | -737 | 5,467 | 4,757 | 0 |
| Profit After Tax | -204,914 | -129,483 | -81,924 | -85,497 | -26,690 | -23,225 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -204,914 | -129,483 | -81,924 | -85,497 | -26,690 | -23,225 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||
| EBITDA* | 49,745 | 41,294 | 32,277 | 56,588 | 87,277 | -9,503 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 860,429 | 927,803 | 994,957 | 1,067,236 | 1,170,508 | 774,989 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 860,429 | 927,803 | 994,957 | 1,067,236 | 1,170,508 | 774,989 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 16,391 | 0 | 0 |
| Group Debtors | 130,132 | 26,593 | 19,872 | 0 | 24,469 | 20,433 | 10,000 |
| Misc Debtors | 20,425 | 16,451 | 15,279 | 21,580 | 6,954 | 17,954 | 0 |
| Cash | 87,803 | 98,766 | 28,354 | 105,157 | 51,929 | 39,417 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 10,224 | 4,757 | 0 |
| total current assets | 238,360 | 141,810 | 63,505 | 126,737 | 109,967 | 82,561 | 10,000 |
| total assets | 1,098,789 | 1,069,613 | 1,058,462 | 1,193,973 | 1,280,475 | 857,550 | 10,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,748 | 1,604 | 1,526 | 2,062 | 15,304 | 5,646 | 0 |
| Group/Directors Accounts | 163,082 | 112,030 | 45,952 | 44,772 | 13,069 | 10,863 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,307 | 21,420 | 33,460 | 23,198 | 30,642 | 17,495 | 0 |
| total current liabilities | 186,137 | 135,054 | 80,938 | 70,032 | 59,015 | 34,004 | 0 |
| loans | 1,490,247 | 1,307,240 | 1,220,722 | 1,285,215 | 1,261,375 | 836,771 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,490,247 | 1,307,240 | 1,220,722 | 1,285,215 | 1,261,375 | 836,771 | 0 |
| total liabilities | 1,676,384 | 1,442,294 | 1,301,660 | 1,355,247 | 1,320,390 | 870,775 | 0 |
| net assets | -577,595 | -372,681 | -243,198 | -161,274 | -39,915 | -13,225 | 10,000 |
| total shareholders funds | -577,595 | -372,681 | -243,198 | -161,274 | -39,915 | -13,225 | 10,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -17,629 | -26,130 | -34,994 | -11,268 | 43,705 | -19,392 | 0 |
| Depreciation | 67,374 | 67,424 | 67,271 | 67,856 | 43,572 | 9,889 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 47,221 | 30,559 | 9,208 | -737 | 5,467 | 4,757 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 107,513 | 7,893 | 13,571 | -26,234 | 9,427 | 38,387 | 10,000 |
| Creditors | 144 | 78 | -536 | -13,242 | 9,658 | 5,646 | 0 |
| Accruals and Deferred Income | -113 | -12,040 | 10,262 | -7,444 | 13,147 | 17,495 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,516 | 51,998 | 37,640 | 61,399 | 106,122 | -19,992 | -10,000 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 51,052 | 66,078 | 1,180 | 31,703 | 2,206 | 10,863 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 183,007 | 86,518 | -64,493 | 23,840 | 424,604 | 836,771 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -234,506 | -133,400 | -58,139 | -71,640 | -74,005 | -8,590 | 0 |
| cash flow from financing | -447 | 19,196 | -121,452 | -51,959 | 352,805 | 849,044 | 10,000 |
| cash and cash equivalents | |||||||
| cash | -10,963 | 70,412 | -76,803 | 53,228 | 12,512 | 39,417 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -10,963 | 70,412 | -76,803 | 53,228 | 12,512 | 39,417 | 0 |
renewable clean energy 3 limited Credit Report and Business Information
Renewable Clean Energy 3 Limited Competitor Analysis
Perform a competitor analysis for renewable clean energy 3 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
renewable clean energy 3 limited Ownership
RENEWABLE CLEAN ENERGY 3 LIMITED group structure
Renewable Clean Energy 3 Limited has no subsidiary companies.
Ultimate parent company
2 parents
RENEWABLE CLEAN ENERGY 3 LIMITED
10167673
renewable clean energy 3 limited directors
Renewable Clean Energy 3 Limited currently has 2 directors. The longest serving directors include Mr Charles Herriott (Mar 2021) and Mrs Jolanta Touzard (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Herriott | England | 38 years | Mar 2021 | - | Director |
| Mrs Jolanta Touzard | United Kingdom | 47 years | Dec 2022 | - | Director |
P&L
December 2022turnover
152.3k
+12%
operating profit
-17.6k
-33%
gross margin
40.3%
+14.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-577.6k
+0.55%
total assets
1.1m
+0.03%
cash
87.8k
-0.11%
net assets
Total assets minus all liabilities
Similar Companies
renewable clean energy 3 limited company details
company number
10167673
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
May 2016
age
8
accounts
Full Accounts
ultimate parent company
previous names
renewable clean energy 3 ltd (May 2016)
incorporated
UK
address
80 fenchurch street, london, EC3M 4AE
last accounts submitted
December 2022
renewable clean energy 3 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 renewable clean energy 3 limited.
renewable clean energy 3 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
