zenobe energy limited
zenobe energy limited Company Information
Company Number
10436249
Next Accounts
Sep 2025
Industry
Production of electricity
Shareholders
zeus acquisitions bidco limited
blaise bidco
View AllGroup Structure
View All
Contact
Registered Address
burdett house, 15-16 buckingham street, london, WC2N 6DU
Website
zenobe.co.ukzenobe energy limited Estimated Valuation
Pomanda estimates the enterprise value of ZENOBE ENERGY LIMITED at £158m based on a Turnover of £53.6m and 2.95x industry multiple (adjusted for size and gross margin).
zenobe energy limited Estimated Valuation
Pomanda estimates the enterprise value of ZENOBE ENERGY LIMITED at £0 based on an EBITDA of £-2.8m and a 9.07x industry multiple (adjusted for size and gross margin).
zenobe energy limited Estimated Valuation
Pomanda estimates the enterprise value of ZENOBE ENERGY LIMITED at £803.9m based on Net Assets of £297.8m and 2.7x industry multiple (adjusted for liquidity).
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Zenobe Energy Limited Overview
Zenobe Energy Limited is a live company located in london, WC2N 6DU with a Companies House number of 10436249. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2016, it's largest shareholder is zeus acquisitions bidco limited with a 50.9% stake. Zenobe Energy Limited is a young, large sized company, Pomanda has estimated its turnover at £53.6m with rapid growth in recent years.
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Zenobe Energy Limited Health Check
Pomanda's financial health check has awarded Zenobe Energy Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £53.6m, make it larger than the average company (£1.7m)
£53.6m - Zenobe Energy Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 102%, show it is growing at a faster rate (10.8%)
102% - Zenobe Energy Limited
10.8% - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (71.5%)
62.9% - Zenobe Energy Limited
71.5% - Industry AVG
Profitability
an operating margin of -61.3% make it less profitable than the average company (51.4%)
-61.3% - Zenobe Energy Limited
51.4% - Industry AVG
Employees
with 209 employees, this is above the industry average (3)
209 - Zenobe Energy Limited
3 - Industry AVG
Pay Structure
on an average salary of £116.3k, the company has a higher pay structure (£78k)
£116.3k - Zenobe Energy Limited
£78k - Industry AVG
Efficiency
resulting in sales per employee of £256.4k, this is less efficient (£448.9k)
£256.4k - Zenobe Energy Limited
£448.9k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (16 days)
107 days - Zenobe Energy Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 634 days, this is slower than average (21 days)
634 days - Zenobe Energy Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 406 days, this is more than average (18 days)
406 days - Zenobe Energy Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (9 weeks)
20 weeks - Zenobe Energy Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59%, this is a lower level of debt than the average (89.8%)
59% - Zenobe Energy Limited
89.8% - Industry AVG
ZENOBE ENERGY LIMITED financials
Zenobe Energy Limited's latest turnover from December 2023 is £53.6 million and the company has net assets of £297.8 million. According to their latest financial statements, Zenobe Energy Limited has 209 employees and maintains cash reserves of £75.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 53,598,000 | 33,212,000 | 15,177,004 | 10,799,492 | 6,544,632 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 19,861,000 | 10,407,000 | 2,796,832 | 2,944,162 | 2,564,935 | ||
| Gross Profit | 33,737,000 | 22,805,000 | 12,380,172 | 7,855,330 | 3,979,697 | ||
| Admin Expenses | 66,611,000 | 28,325,000 | 15,333,543 | 11,560,531 | 6,868,473 | ||
| Operating Profit | -32,874,000 | -5,520,000 | -2,953,371 | -3,705,201 | -2,888,776 | ||
| Interest Payable | 50,556,000 | 13,511,000 | 3,459,209 | 1,454,575 | 370,056 | ||
| Interest Receivable | 234,000 | 0 | 35,255 | 50,460 | 923 | ||
| Pre-Tax Profit | -83,223,000 | -19,170,000 | -6,374,130 | -5,109,316 | -3,257,909 | ||
| Tax | 0 | 0 | 428,769 | 546,506 | 0 | ||
| Profit After Tax | -83,223,000 | -19,170,000 | -5,945,361 | -4,562,810 | -3,257,909 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -83,223,000 | -19,170,000 | -5,945,361 | -4,562,810 | -3,257,909 | ||
| Employee Costs | 24,308,000 | 11,218,000 | 4,532,661 | 4,113,387 | 2,322,407 | ||
| Number Of Employees | 209 | 123 | 73 | 39 | 22 | 14 | 6 |
| EBITDA* | -2,833,000 | 12,327,000 | 4,160,479 | 3,408,649 | -8,863 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 527,229,000 | 293,574,000 | 169,861,697 | 86,453,151 | 43,639,608 | 38,058,790 | 32,537,483 |
| Intangible Assets | 4,039,000 | 4,497,000 | 4,865,454 | 3,621,523 | 4,896,085 | 4,062,949 | 3,911,145 |
| Investments & Other | 4,920,000 | 1,636,000 | 2,269,491 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 8,719,000 | 6,684,000 | 6,827,042 | 1,642,323 | 1,764,463 | 0 | 0 |
| Total Fixed Assets | 544,907,000 | 306,391,000 | 183,823,684 | 91,716,997 | 50,300,156 | 42,121,739 | 36,448,628 |
| Stock & work in progress | 22,136,000 | 5,189,000 | 979,544 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,727,000 | 5,465,000 | 3,390,390 | 1,266,711 | 1,316,323 | 972,325 | 558,245 |
| Group Debtors | 0 | 18,000 | 22,500 | 0 | 0 | 0 | 0 |
| Misc Debtors | 68,883,000 | 38,496,000 | 15,981,008 | 8,522,960 | 4,647,925 | 3,834,706 | 4,699,229 |
| Cash | 75,059,000 | 40,511,000 | 27,430,392 | 20,917,278 | 13,080,109 | 8,381,806 | 8,081,761 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 181,805,000 | 89,679,000 | 47,803,834 | 30,706,949 | 19,044,357 | 13,188,837 | 13,339,235 |
| total assets | 726,712,000 | 396,070,000 | 231,627,518 | 122,423,946 | 69,344,513 | 55,310,576 | 49,787,863 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 105,048,000 | 3,706,000 | 19,316,007 | 5,423,815 | 771,475 | 2,781,765 | 481,687 |
| Trade Creditors | 34,531,000 | 14,762,000 | 8,383,521 | 2,114,126 | 1,387,614 | 1,702,702 | 763,866 |
| Group/Directors Accounts | 173,000 | 0 | 0 | 0 | 0 | 0 | 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 | 48,249,000 | 25,275,000 | 6,259,885 | 4,486,992 | 5,086,124 | 3,753,765 | 1,042,118 |
| total current liabilities | 188,001,000 | 43,743,000 | 33,959,413 | 12,024,933 | 7,245,213 | 8,238,232 | 2,287,671 |
| loans | 240,953,000 | 281,159,000 | 124,087,766 | 40,682,044 | 8,564,970 | 0 | 2,733,135 |
| 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 | 240,953,000 | 281,159,000 | 124,087,766 | 40,682,044 | 8,564,970 | 0 | 2,733,135 |
| total liabilities | 428,954,000 | 324,902,000 | 158,047,179 | 52,706,977 | 15,810,183 | 8,238,232 | 5,020,806 |
| net assets | 297,758,000 | 71,168,000 | 73,580,339 | 69,716,969 | 53,534,330 | 47,072,344 | 44,767,057 |
| total shareholders funds | 297,758,000 | 71,168,000 | 73,580,339 | 69,716,969 | 53,534,330 | 47,072,344 | 44,767,057 |
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -32,874,000 | -5,520,000 | -2,953,371 | -3,705,201 | -2,888,776 | ||
| Depreciation | 29,584,000 | 17,400,000 | 6,869,084 | 6,869,084 | 2,619,170 | 553,783 | |
| Amortisation | 457,000 | 447,000 | 244,766 | 244,766 | 260,743 | 0 | |
| Tax | 0 | 0 | 428,769 | 546,506 | 0 | ||
| Stock | 16,947,000 | 4,209,456 | 979,544 | 0 | 0 | 0 | 0 |
| Debtors | 42,666,000 | 24,442,060 | 18,492,229 | 3,703,283 | 2,921,680 | -450,443 | 5,257,474 |
| Creditors | 19,769,000 | 6,378,479 | 6,995,907 | 726,512 | -315,088 | 938,836 | 763,866 |
| Accruals and Deferred Income | 22,974,000 | 19,015,115 | 1,173,761 | -599,132 | 1,332,359 | 2,711,647 | 1,042,118 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -19,703,000 | 9,069,078 | -6,712,857 | 379,252 | -1,913,272 | ||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | ||
| Change in Investments | 3,284,000 | -633,491 | 2,269,491 | 0 | 0 | 0 | 0 |
| cash flow from investments | -3,284,000 | 633,491 | -2,269,491 | 0 | 0 | ||
| Financing Activities | |||||||
| Bank loans | 101,342,000 | -15,610,007 | 18,544,532 | 4,652,340 | -2,010,290 | 2,300,078 | 481,687 |
| Group/Directors Accounts | 173,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -40,206,000 | 157,071,234 | 115,522,796 | 32,117,074 | 8,564,970 | -2,733,135 | 2,733,135 |
| 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 | -50,322,000 | -13,511,000 | -3,423,954 | -1,404,115 | -369,133 | ||
| cash flow from financing | 320,800,000 | 144,707,888 | 156,634,744 | 56,110,748 | 15,905,442 | ||
| cash and cash equivalents | |||||||
| cash | 34,548,000 | 13,080,608 | 14,350,283 | 7,837,169 | 4,698,303 | 300,045 | 8,081,761 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 34,548,000 | 13,080,608 | 14,350,283 | 7,837,169 | 4,698,303 | 300,045 | 8,081,761 |
zenobe energy limited Credit Report and Business Information
Zenobe Energy Limited Competitor Analysis
Perform a competitor analysis for zenobe energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in WC2N area or any other competitors across 12 key performance metrics.
zenobe energy limited Ownership
ZENOBE ENERGY LIMITED group structure
Zenobe Energy Limited has 21 subsidiary companies.
Ultimate parent company
ZENOBE ENERGY LIMITED
10436249
21 subsidiaries
zenobe energy limited directors
Zenobe Energy Limited currently has 13 directors. The longest serving directors include Mr Steven Holliday (May 2017) and Mr James Basden (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Holliday | England | 68 years | May 2017 | - | Director |
| Mr James Basden | England | 57 years | Jun 2017 | - | Director |
| Mr Steven Meersman | United Kingdom | 38 years | Jan 2020 | - | Director |
| Mr Edward Clarke | United Kingdom | 58 years | Nov 2020 | - | Director |
| Mr Andrew Matthews | United Kingdom | 62 years | Nov 2020 | - | Director |
| Mr Andrew Matthews | England | 62 years | Nov 2020 | - | Director |
| Mr Benjamin Francis | England | 47 years | May 2022 | - | Director |
| Mr Benjamin Francis | England | 47 years | May 2022 | - | Director |
| Mr Bernardo Nogueira | England | 33 years | Dec 2023 | - | Director |
| Ms Shreya Malik | England | 38 years | Dec 2023 | - | Director |
P&L
December 2023turnover
53.6m
+61%
operating profit
-32.9m
+496%
gross margin
63%
-8.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
297.8m
+3.18%
total assets
726.7m
+0.83%
cash
75.1m
+0.85%
net assets
Total assets minus all liabilities
zenobe energy limited company details
company number
10436249
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
battery energy storage solutions limited (March 2019)
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
burdett house, 15-16 buckingham street, london, WC2N 6DU
Bank
-
Legal Advisor
-
zenobe energy 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 10 charges/mortgages relating to zenobe energy limited. Currently there are 1 open charges and 9 have been satisfied in the past.
zenobe energy 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.
Click to start generating capital raising & share issue transactions for ZENOBE ENERGY LIMITED. This can take several minutes, an email will notify you when this has completed.
zenobe energy limited Companies House Filings - See Documents
| date | description | view/download |
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