minety south storage limited
minety south storage limited Company Information
Company Number
10915101
Next Accounts
Dec 2025
Shareholders
statera energy limited
Group Structure
View All
Industry
Production of electricity
Registered Address
4th floor 80 victoria street, london, SW1E 5JL
minety south storage limited Estimated Valuation
Pomanda estimates the enterprise value of MINETY SOUTH STORAGE LIMITED at £7.3m based on a Turnover of £3.7m and 2x industry multiple (adjusted for size and gross margin).
minety south storage limited Estimated Valuation
Pomanda estimates the enterprise value of MINETY SOUTH STORAGE LIMITED at £12.4m based on an EBITDA of £2.2m and a 5.67x industry multiple (adjusted for size and gross margin).
minety south storage limited Estimated Valuation
Pomanda estimates the enterprise value of MINETY SOUTH STORAGE LIMITED at £7.7m based on Net Assets of £2.9m and 2.63x industry multiple (adjusted for liquidity).
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Minety South Storage Limited Overview
Minety South Storage Limited is a live company located in london, SW1E 5JL with a Companies House number of 10915101. It operates in the production of electricity sector, SIC Code 35110. Founded in August 2017, it's largest shareholder is statera energy limited with a 100% stake. Minety South Storage Limited is a young, small sized company, Pomanda has estimated its turnover at £3.7m with unknown growth in recent years.
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Minety South Storage Limited Health Check
Pomanda's financial health check has awarded Minety South Storage Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
2 Weak
Size
annual sales of £3.7m, make it larger than the average company (£1.7m)
£3.7m - Minety South Storage Limited
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Minety South Storage Limited
- - Industry AVG
Production
with a gross margin of 81.1%, this company has a lower cost of product (67.5%)
81.1% - Minety South Storage Limited
67.5% - Industry AVG
Profitability
an operating margin of 26.2% make it less profitable than the average company (48.8%)
26.2% - Minety South Storage Limited
48.8% - Industry AVG
Employees
with 9 employees, this is above the industry average (2)
- Minety South Storage Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Minety South Storage Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £408k, this is equally as efficient (£445.4k)
- Minety South Storage Limited
£445.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Minety South Storage Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Minety South Storage Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Minety South Storage Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Minety South Storage Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.3%, this is a similar level of debt than the average (86.8%)
81.3% - Minety South Storage Limited
86.8% - Industry AVG
MINETY SOUTH STORAGE LIMITED financials
Minety South Storage Limited's latest turnover from March 2024 is £3.7 million and the company has net assets of £2.9 million. According to their latest financial statements, we estimate that Minety South Storage Limited has 9 employees and maintains cash reserves of £192 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,672,000 | 6,941,000 | 403,000 | ||||
| Other Income Or Grants | |||||||
| Cost Of Sales | 693,000 | 1,454,000 | 63,000 | ||||
| Gross Profit | 2,979,000 | 5,487,000 | 340,000 | ||||
| Admin Expenses | 2,018,000 | 1,869,000 | -237,000 | ||||
| Operating Profit | 961,000 | 3,618,000 | 577,000 | -5,000 | |||
| Interest Payable | 776,000 | 1,004,000 | 74,000 | ||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 185,000 | 2,614,000 | 503,000 | -5,000 | |||
| Tax | 246,000 | -563,000 | |||||
| Profit After Tax | 431,000 | 2,051,000 | 503,000 | -5,000 | |||
| Dividends Paid | |||||||
| Retained Profit | 431,000 | 2,051,000 | 503,000 | -5,000 | |||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 2,181,000 | 4,858,000 | 577,000 | -5,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,512,000 | 15,728,000 | 14,007,000 | 38,000 | |||
| Intangible Assets | |||||||
| Investments & Other | 11,000 | 8,000 | |||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 14,523,000 | 15,736,000 | 14,007,000 | 38,000 | |||
| Stock & work in progress | |||||||
| Trade Debtors | 117,000 | ||||||
| Group Debtors | 76,000 | 72,000 | |||||
| Misc Debtors | 893,000 | 1,360,000 | 1,081,000 | 3,000 | |||
| Cash | 192,000 | 384,000 | 43,000 | ||||
| misc current assets | |||||||
| total current assets | 1,161,000 | 1,816,000 | 1,241,000 | 3,000 | |||
| total assets | 15,684,000 | 17,552,000 | 15,248,000 | 41,000 | |||
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 4,318,000 | 3,999,000 | 1,075,000 | 46,000 | |||
| total current liabilities | 4,318,000 | 3,999,000 | 1,075,000 | 46,000 | |||
| loans | 8,070,000 | 10,687,000 | 13,584,000 | ||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 358,000 | 359,000 | 182,000 | ||||
| total long term liabilities | 8,428,000 | 11,046,000 | 13,675,000 | ||||
| total liabilities | 12,746,000 | 15,045,000 | 14,750,000 | 46,000 | |||
| net assets | 2,938,000 | 2,507,000 | 498,000 | -5,000 | |||
| total shareholders funds | 2,938,000 | 2,507,000 | 498,000 | -5,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 961,000 | 3,618,000 | 577,000 | -5,000 | |||
| Depreciation | 1,220,000 | 1,240,000 | |||||
| Amortisation | |||||||
| Tax | 246,000 | -563,000 | |||||
| Stock | |||||||
| Debtors | -463,000 | 234,000 | 1,195,000 | 3,000 | |||
| Creditors | |||||||
| Accruals and Deferred Income | 319,000 | 2,924,000 | 1,029,000 | 46,000 | |||
| Deferred Taxes & Provisions | -1,000 | 177,000 | 182,000 | ||||
| Cash flow from operations | 3,208,000 | 7,162,000 | 593,000 | 38,000 | |||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 3,000 | 8,000 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -2,617,000 | -2,897,000 | 13,584,000 | ||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -776,000 | -1,004,000 | -74,000 | ||||
| cash flow from financing | -3,393,000 | -3,943,000 | 13,510,000 | ||||
| cash and cash equivalents | |||||||
| cash | -192,000 | 341,000 | 43,000 | ||||
| overdraft | |||||||
| change in cash | -192,000 | 341,000 | 43,000 |
minety south storage limited Credit Report and Business Information
Minety South Storage Limited Competitor Analysis
Perform a competitor analysis for minety south storage limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in SW1E area or any other competitors across 12 key performance metrics.
minety south storage limited Ownership
MINETY SOUTH STORAGE LIMITED group structure
Minety South Storage Limited has no subsidiary companies.
Ultimate parent company
2 parents
MINETY SOUTH STORAGE LIMITED
10915101
minety south storage limited directors
Minety South Storage Limited currently has 3 directors. The longest serving directors include Mr Andrew Troup (Aug 2017) and Mr Thomas Vernon (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Troup | 67 years | Aug 2017 | - | Director | |
| Mr Thomas Vernon | England | 41 years | Aug 2017 | - | Director |
| Mr Benedict Wright | England | 52 years | Nov 2020 | - | Director |
P&L
March 2024turnover
3.7m
-47%
operating profit
961k
-73%
gross margin
81.2%
+2.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.9m
+0.17%
total assets
15.7m
-0.11%
cash
192k
-0.5%
net assets
Total assets minus all liabilities
Similar Companies
minety south storage limited company details
company number
10915101
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BDO LLP
address
4th floor 80 victoria street, london, SW1E 5JL
Bank
-
Legal Advisor
-
minety south storage 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 2 charges/mortgages relating to minety south storage limited. Currently there are 2 open charges and 0 have been satisfied in the past.
minety south storage 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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minety south storage limited Companies House Filings - See Documents
| date | description | view/download |
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