southill solar limited
southill solar limited Company Information
Company Number
10225108
Website
southillcommunityenergy.coopRegistered Address
the pump house coton hill, shrewsbury, SY1 2DP
Industry
Production of electricity
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
southill community energy 100%
southill solar limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHILL SOLAR LIMITED at £2.8m based on a Turnover of £1.8m and 1.58x industry multiple (adjusted for size and gross margin).
southill solar limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHILL SOLAR LIMITED at £3.4m based on an EBITDA of £762.2k and a 4.51x industry multiple (adjusted for size and gross margin).
southill solar limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHILL SOLAR LIMITED at £1.1m based on Net Assets of £847.8k and 1.29x industry multiple (adjusted for liquidity).
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Southill Solar Limited Overview
Southill Solar Limited is a live company located in shrewsbury, SY1 2DP with a Companies House number of 10225108. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2016, it's largest shareholder is southill community energy with a 100% stake. Southill Solar Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Southill Solar Limited Health Check
Pomanda's financial health check has awarded Southill Solar Limited a 4 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
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.8m, make it in line with the average company (£1.6m)
- Southill Solar Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.9%)
- Southill Solar Limited
8.9% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
- Southill Solar Limited
70.3% - Industry AVG
Profitability
an operating margin of 33.7% make it less profitable than the average company (50.6%)
- Southill Solar Limited
50.6% - Industry AVG
Employees
with 5 employees, this is above the industry average (2)
- Southill Solar Limited
2 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- Southill Solar Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £355.2k, this is equally as efficient (£411.2k)
- Southill Solar Limited
£411.2k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (14 days)
- Southill Solar Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (21 days)
- Southill Solar Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Southill Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (10 weeks)
17 weeks - Southill Solar Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a lower level of debt than the average (87.9%)
76% - Southill Solar Limited
87.9% - Industry AVG
SOUTHILL SOLAR LIMITED financials
Southill Solar Limited's latest turnover from September 2023 is estimated at £1.8 million and the company has net assets of £847.8 thousand. According to their latest financial statements, we estimate that Southill Solar Limited has 5 employees and maintains cash reserves of £210.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 150 | |||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,979,403 | 3,143,479 | 3,307,486 | 3,471,494 | 3,635,501 | 3,824,930 | 3,951,684 | 859,214 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,979,403 | 3,143,479 | 3,307,486 | 3,471,494 | 3,635,501 | 3,824,930 | 3,951,684 | 859,214 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 103,048 | 82,193 | 110,789 | 143,708 | 112,264 | 0 | 64,289 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 245,562 | 231,250 | 208,246 | 198,930 | 215,108 | 188,786 | 124,133 | 221,597 |
| Cash | 210,246 | 373,890 | 225,627 | 473,086 | 349,690 | 464,634 | 603,508 | 966,640 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 558,856 | 687,333 | 544,662 | 815,724 | 677,062 | 653,420 | 791,930 | 1,188,237 |
| total assets | 3,538,259 | 3,830,812 | 3,852,148 | 4,287,218 | 4,312,563 | 4,478,350 | 4,743,614 | 2,047,451 |
| Bank overdraft | 0 | 0 | 0 | 71,085 | 54,058 | 51,898 | 24,783 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,343 | 5,887 | 0 | 0 | 0 | 3,649 | 1,367 | 11,489 |
| Group/Directors Accounts | 393,002 | 864,694 | 966,144 | 1,387,583 | 1,512,579 | 1,561,878 | 1,263,211 | 1,299,156 |
| other short term finances | 138,498 | 133,316 | 128,328 | 0 | 5,700 | 5,700 | 241,400 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 87,416 | 85,094 | 82,472 | 101,954 | 99,485 | 121,556 | 114,063 | 176,214 |
| total current liabilities | 625,259 | 1,088,991 | 1,176,944 | 1,560,622 | 1,671,822 | 1,744,681 | 1,644,824 | 1,486,859 |
| loans | 2,029,707 | 2,167,560 | 2,300,231 | 2,382,256 | 2,456,424 | 2,736,434 | 3,159,577 | 594,150 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 35,537 | 1,675 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,065,244 | 2,169,235 | 2,300,231 | 2,382,256 | 2,456,424 | 2,736,434 | 3,159,577 | 594,150 |
| total liabilities | 2,690,503 | 3,258,226 | 3,477,175 | 3,942,878 | 4,128,246 | 4,481,115 | 4,804,401 | 2,081,009 |
| net assets | 847,756 | 572,586 | 374,973 | 344,340 | 184,317 | -2,765 | -60,787 | -33,558 |
| total shareholders funds | 847,756 | 572,586 | 374,973 | 344,340 | 184,317 | -2,765 | -60,787 | -33,558 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 164,076 | 164,007 | 164,008 | 164,007 | 164,008 | 130,754 | 171,808 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 35,167 | -5,592 | -23,603 | 15,266 | 138,586 | 364 | -33,175 | 221,597 |
| Creditors | 456 | 5,887 | 0 | 0 | -3,649 | 2,282 | -10,122 | 11,489 |
| Accruals and Deferred Income | 2,322 | 2,622 | -19,482 | 2,469 | -22,071 | 7,493 | -62,151 | 176,214 |
| Deferred Taxes & Provisions | 33,862 | 1,675 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -471,692 | -101,450 | -421,439 | -124,996 | -49,299 | 298,667 | -35,945 | 1,299,156 |
| Other Short Term Loans | 5,182 | 4,988 | 128,328 | -5,700 | 0 | -235,700 | 241,400 | 0 |
| Long term loans | -137,853 | -132,671 | -82,025 | -74,168 | -280,010 | -423,143 | 2,565,427 | 594,150 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -163,644 | 148,263 | -247,459 | 123,396 | -114,944 | -138,874 | -363,132 | 966,640 |
| overdraft | 0 | 0 | -71,085 | 17,027 | 2,160 | 27,115 | 24,783 | 0 |
| change in cash | -163,644 | 148,263 | -176,374 | 106,369 | -117,104 | -165,989 | -387,915 | 966,640 |
southill solar limited Credit Report and Business Information
Southill Solar Limited Competitor Analysis
Perform a competitor analysis for southill solar limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in SY1 area or any other competitors across 12 key performance metrics.
southill solar limited Ownership
SOUTHILL SOLAR LIMITED group structure
Southill Solar Limited has no subsidiary companies.
Ultimate parent company
SOUTHILL SOLAR LIMITED
10225108
southill solar limited directors
Southill Solar Limited currently has 5 directors. The longest serving directors include Mr Timothy Crisp (Jun 2016) and Ms Elizabeth Reason (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Crisp | England | 64 years | Jun 2016 | - | Director |
| Ms Elizabeth Reason | 74 years | Jun 2016 | - | Director | |
| Mr Thomas Johnstone | 64 years | Oct 2016 | - | Director | |
| Mr Richard Slark | England | 54 years | Apr 2017 | - | Director |
| Mr Christopher Barras | England | 59 years | Apr 2017 | - | Director |
P&L
September 2023turnover
1.8m
+50%
operating profit
598.1k
0%
gross margin
70.3%
+8.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
847.8k
+0.48%
total assets
3.5m
-0.08%
cash
210.2k
-0.44%
net assets
Total assets minus all liabilities
Similar Companies
southill solar limited company details
company number
10225108
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
June 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
the pump house coton hill, shrewsbury, SY1 2DP
accountant
-
auditor
-
southill solar 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 5 charges/mortgages relating to southill solar limited. Currently there are 1 open charges and 4 have been satisfied in the past.
southill solar limited Companies House Filings - See Documents
| date | description | view/download |
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