eclipse energy north limited
eclipse energy north limited Company Information
Company Number
10683955
Website
eclipseenergy.co.ukRegistered Address
unit g ridings business park, hopwood lane, halifax, HX1 3TT
Industry
Plumbing, heat and air-conditioning installation
Telephone
441422414850
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mdng holdings ltd 65%
neil wright 30%
View Alleclipse energy north limited Estimated Valuation
Pomanda estimates the enterprise value of ECLIPSE ENERGY NORTH LIMITED at £4m based on a Turnover of £7.1m and 0.56x industry multiple (adjusted for size and gross margin).
eclipse energy north limited Estimated Valuation
Pomanda estimates the enterprise value of ECLIPSE ENERGY NORTH LIMITED at £636.6k based on an EBITDA of £106.6k and a 5.97x industry multiple (adjusted for size and gross margin).
eclipse energy north limited Estimated Valuation
Pomanda estimates the enterprise value of ECLIPSE ENERGY NORTH LIMITED at £1.3m based on Net Assets of £407.4k and 3.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eclipse Energy North Limited Overview
Eclipse Energy North Limited is a live company located in halifax, HX1 3TT with a Companies House number of 10683955. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2017, it's largest shareholder is mdng holdings ltd with a 65% stake. Eclipse Energy North Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Eclipse Energy North Limited Health Check
Pomanda's financial health check has awarded Eclipse Energy North Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £7.1m, make it larger than the average company (£407.5k)
- Eclipse Energy North Limited
£407.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (4.3%)
- Eclipse Energy North Limited
4.3% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Eclipse Energy North Limited
27.9% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (6.6%)
- Eclipse Energy North Limited
6.6% - Industry AVG
Employees
with 101 employees, this is above the industry average (4)
101 - Eclipse Energy North Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Eclipse Energy North Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £70.1k, this is less efficient (£111k)
- Eclipse Energy North Limited
£111k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (56 days)
- Eclipse Energy North Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (46 days)
- Eclipse Energy North Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is more than average (11 days)
- Eclipse Energy North Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Eclipse Energy North Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (61.6%)
77.7% - Eclipse Energy North Limited
61.6% - Industry AVG
ECLIPSE ENERGY NORTH LIMITED financials
Eclipse Energy North Limited's latest turnover from March 2023 is estimated at £7.1 million and the company has net assets of £407.4 thousand. According to their latest financial statements, Eclipse Energy North Limited has 101 employees and maintains cash reserves of £11.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 101 | 81 | 26 | 23 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 156,433 | 147,425 | 85,457 | 1,305 | 2,610 | 3,915 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 60 | 60 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 156,493 | 147,485 | 85,457 | 1,305 | 2,610 | 3,915 |
| Stock & work in progress | 260,957 | 242,190 | 207,499 | 103,320 | 114,600 | 84,700 |
| Trade Debtors | 1,043,301 | 328,998 | 223,007 | 191,077 | 44,864 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 357,728 | 498,722 | 306,009 | 1,111 | 72,639 | 753 |
| Cash | 11,301 | 85,684 | 72,639 | 25,343 | 3,617 | 1,634 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,673,287 | 1,155,594 | 809,154 | 320,851 | 235,720 | 87,087 |
| total assets | 1,829,780 | 1,303,079 | 894,611 | 322,156 | 238,330 | 91,002 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 79,085 | 75,569 | 29,813 | 0 | 0 | 0 |
| Trade Creditors | 875,296 | 352,362 | 159,366 | 104,947 | 38,681 | 19,135 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 5,900 |
| other short term finances | 0 | 0 | 90,000 | 77,434 | 0 | 0 |
| hp & lease commitments | 42,174 | 36,711 | 20,308 | 0 | 0 | 0 |
| other current liabilities | 117,571 | 110,412 | 263,910 | 108,947 | 187,164 | 58,920 |
| total current liabilities | 1,114,126 | 575,054 | 563,397 | 291,328 | 225,845 | 83,955 |
| loans | 183,913 | 262,998 | 129,188 | 0 | 0 | 0 |
| hp & lease commitments | 85,271 | 79,845 | 36,172 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 39,109 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 308,293 | 342,843 | 165,360 | 0 | 0 | 0 |
| total liabilities | 1,422,419 | 917,897 | 728,757 | 291,328 | 225,845 | 83,955 |
| net assets | 407,361 | 385,182 | 165,854 | 30,828 | 12,485 | 7,047 |
| total shareholders funds | 407,361 | 385,182 | 165,854 | 30,828 | 12,485 | 7,047 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 50,492 | 31,054 | 18,332 | 1,305 | 1,305 | 1,305 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 18,767 | 34,691 | 104,179 | -11,280 | 29,900 | 84,700 |
| Debtors | 573,309 | 298,704 | 336,828 | 74,685 | 116,750 | 753 |
| Creditors | 522,934 | 192,996 | 54,419 | 66,266 | 19,546 | 19,135 |
| Accruals and Deferred Income | 7,159 | -153,498 | 154,963 | -78,217 | 128,244 | 58,920 |
| Deferred Taxes & Provisions | 39,109 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 60 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 3,516 | 45,756 | 29,813 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -5,900 | 5,900 |
| Other Short Term Loans | 0 | -90,000 | 12,566 | 77,434 | 0 | 0 |
| Long term loans | -79,085 | 133,810 | 129,188 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 10,889 | 60,076 | 56,480 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -74,383 | 13,045 | 47,296 | 21,726 | 1,983 | 1,634 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -74,383 | 13,045 | 47,296 | 21,726 | 1,983 | 1,634 |
eclipse energy north limited Credit Report and Business Information
Eclipse Energy North Limited Competitor Analysis
Perform a competitor analysis for eclipse energy north limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in HX1 area or any other competitors across 12 key performance metrics.
eclipse energy north limited Ownership
ECLIPSE ENERGY NORTH LIMITED group structure
Eclipse Energy North Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ECLIPSE ENERGY NORTH LIMITED
10683955
1 subsidiary
eclipse energy north limited directors
Eclipse Energy North Limited currently has 3 directors. The longest serving directors include Mr Mark Bannister (Mar 2017) and Mr Matthew Wilkinson (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Bannister | England | 62 years | Mar 2017 | - | Director |
| Mr Matthew Wilkinson | England | 53 years | Oct 2020 | - | Director |
| Mr Nicholas Bannister | England | 37 years | Oct 2023 | - | Director |
P&L
March 2023turnover
7.1m
+78%
operating profit
56.2k
0%
gross margin
27.9%
-6.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
407.4k
+0.06%
total assets
1.8m
+0.4%
cash
11.3k
-0.87%
net assets
Total assets minus all liabilities
eclipse energy north limited company details
company number
10683955
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit g ridings business park, hopwood lane, halifax, HX1 3TT
Bank
-
Legal Advisor
-
eclipse energy north 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 3 charges/mortgages relating to eclipse energy north limited. Currently there are 1 open charges and 2 have been satisfied in the past.
eclipse energy north limited Companies House Filings - See Documents
| date | description | view/download |
|---|
