doggerbank offshore wind farm project 3 holdco limited

doggerbank offshore wind farm project 3 holdco limited Company Information

Share DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED
Live 
Young

Company Number

10931009

Industry

Production of electricity

 

Directors

Paul Cooley

Barry O'Regan

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Shareholders

doggerbank offshore wind farm project 3 & 4 holdco limited

north sea wind limited

Group Structure

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Contact

Registered Address

no. 1 forbury place, 43 forbury road, reading, RG1 3JH

Website

sse.com

doggerbank offshore wind farm project 3 holdco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED at £0 based on a Turnover of £0 and 1.44x industry multiple (adjusted for size and gross margin).

doggerbank offshore wind farm project 3 holdco limited Estimated Valuation

£1.3b

Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED at £1.3b based on an EBITDA of £297.9m and a 4.42x industry multiple (adjusted for size and gross margin).

doggerbank offshore wind farm project 3 holdco limited Estimated Valuation

£567.5m

Pomanda estimates the enterprise value of DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED at £567.5m based on Net Assets of £210.2m and 2.7x industry multiple (adjusted for liquidity).

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Doggerbank Offshore Wind Farm Project 3 Holdco Limited Overview

Doggerbank Offshore Wind Farm Project 3 Holdco Limited is a live company located in reading, RG1 3JH with a Companies House number of 10931009. It operates in the production of electricity sector, SIC Code 35110. Founded in August 2017, it's largest shareholder is doggerbank offshore wind farm project 3 & 4 holdco limited with a 80% stake. Doggerbank Offshore Wind Farm Project 3 Holdco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Doggerbank Offshore Wind Farm Project 3 Holdco Limited Health Check

Pomanda's financial health check has awarded Doggerbank Offshore Wind Farm Project 3 Holdco Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (10 weeks)

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90%, this is a similar level of debt than the average (86.1%)

- - Doggerbank Offshore Wind Farm Project 3 Holdco Limited

- - Industry AVG

DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED financials

EXPORTms excel logo

Doggerbank Offshore Wind Farm Project 3 Holdco Limited's latest turnover from March 2024 is 0 and the company has net assets of £210.2 million. According to their latest financial statements, we estimate that Doggerbank Offshore Wind Farm Project 3 Holdco Limited has 1 employee and maintains cash reserves of £76.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover0000000
Other Income Or Grants0000000
Cost Of Sales0000000
Gross Profit0000000
Admin Expenses-297,923,208-161,805,375-36,276,5000000
Operating Profit297,923,208161,805,37536,276,5000000
Interest Payable0001,200,0001,100,0001,000,000500,000
Interest Receivable0000000
Pre-Tax Profit700,000-200,000-7,000,000-1,200,000-1,100,000-1,000,000-500,000
Tax0000000
Profit After Tax700,000-200,000-7,000,000-1,200,000-1,100,000-1,000,000-500,000
Dividends Paid0000000
Retained Profit700,000-200,000-7,000,000-1,200,000-1,100,000-1,000,000-500,000
Employee Costs0000059,74260,553
Number Of Employees1111111
EBITDA*297,923,208161,805,37536,276,5000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets1,848,500,0001,248,900,000565,900,00035,400,000000
Intangible Assets91,400,00098,500,000049,000,00029,200,00026,000,00026,000,000
Investments & Other371,600,000408,400,000119,400,00029,800,000000
Debtors (Due After 1 year)009,300,0002,800,000000
Total Fixed Assets1,939,900,0001,347,400,000556,600,00081,600,00029,200,00026,000,00026,000,000
Stock & work in progress0000000
Trade Debtors0000000
Group Debtors0000000
Misc Debtors28,400,00024,700,0009,700,0002,000,000100,00000
Cash76,500,00011,100,00016,200,00015,600,0001,400,000300,0000
misc current assets46,900,0007,400,0006,000,0000000
total current assets151,800,00043,200,00031,900,00017,600,0001,500,000300,0000
total assets2,091,700,0001,390,600,000588,500,00099,200,00030,700,00026,300,00026,000,000
Bank overdraft0000000
Bank loan0000000
Trade Creditors 0000000
Group/Directors Accounts0000000
other short term finances17,000,00011,500,00016,300,00053,200,00027,100,00000
hp & lease commitments02,400,0001,900,0000000
other current liabilities135,000,000130,400,00012,300,00011,600,0003,000,000300,000300,000
total current liabilities152,000,000144,300,00030,500,00064,800,00030,100,000300,000300,000
loans3,319,200,0001,973,000,0001,171,600,00044,700,000024,300,00023,000,000
hp & lease commitments92,600,00092,700,00074,300,0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions139,800,000130,000,00000000
total long term liabilities1,729,500,0001,051,500,000585,800,00044,700,000024,300,00023,000,000
total liabilities1,881,500,0001,195,800,000616,300,000109,500,00030,100,00024,600,00023,300,000
net assets210,200,000194,800,000-27,800,000-10,300,000600,0001,700,0002,700,000
total shareholders funds210,200,000194,800,000-27,800,000-10,300,000600,0001,700,0002,700,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit297,923,208161,805,37536,276,5000000
Depreciation0000000
Amortisation0000000
Tax0000000
Stock0000000
Debtors3,700,0005,700,00014,200,0004,700,000100,00000
Creditors0000000
Accruals and Deferred Income4,600,000118,100,000700,0008,600,0002,700,0000300,000
Deferred Taxes & Provisions9,800,000130,000,00000000
Cash flow from operations308,623,208404,205,37522,776,5003,900,0002,600,0000300,000
Investing Activities
capital expenditure-592,500,000-781,500,000-481,500,000-55,200,000-3,200,0000-26,000,000
Change in Investments-36,800,000289,000,00089,600,00029,800,000000
cash flow from investments-555,700,000-1,070,500,000-571,100,000-85,000,000-3,200,0000-26,000,000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 5,500,000-4,800,000-36,900,00026,100,00027,100,00000
Long term loans1,346,200,000801,400,0001,126,900,00044,700,000-24,300,0001,300,00023,000,000
Hire Purchase and Lease Commitments-2,500,00018,900,00076,200,0000000
other long term liabilities0000000
share issue14,700,000222,800,000-10,500,000-9,700,000003,200,000
interest000-1,200,000-1,100,000-1,000,000-500,000
cash flow from financing1,363,900,0001,038,300,0001,155,700,00059,900,0001,700,000300,00025,700,000
cash and cash equivalents
cash65,400,000-5,100,000600,00014,200,0001,100,000300,0000
overdraft0000000
change in cash65,400,000-5,100,000600,00014,200,0001,100,000300,0000

doggerbank offshore wind farm project 3 holdco limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Doggerbank Offshore Wind Farm Project 3 Holdco Limited Competitor Analysis

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Perform a competitor analysis for doggerbank offshore wind farm project 3 holdco limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other young companies, companies in RG1 area or any other competitors across 12 key performance metrics.

doggerbank offshore wind farm project 3 holdco limited Ownership

DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED group structure

Doggerbank Offshore Wind Farm Project 3 Holdco Limited has 1 subsidiary company.

Ultimate parent company

1 parent

DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED

10931009

1 subsidiary

DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED Shareholders

doggerbank offshore wind farm project 3 & 4 holdco limited 80%
north sea wind limited 20%

doggerbank offshore wind farm project 3 holdco limited directors

Doggerbank Offshore Wind Farm Project 3 Holdco Limited currently has 10 directors. The longest serving directors include Mr Paul Cooley (Oct 2019) and Mr Barry O'Regan (Jan 2020).

officercountryagestartendrole
Mr Paul CooleyScotland54 years Oct 2019- Director
Mr Barry O'ReganIreland47 years Jan 2020- Director
Mr Anders OpakerUnited Kingdom47 years Apr 2020- Director
Mr Anders OpakerUnited Kingdom47 years Apr 2020- Director
Ms Trine BojsenUnited Kingdom56 years May 2022- Director
Kamala HajiyevaUnited Kingdom48 years May 2023- Director
Mr Stefano SartiranaUnited Kingdom46 years Jun 2023- Director
Mr Steven WilsonUnited Kingdom49 years Jul 2023- Director
Mr Stephen BullNorway52 years Jun 2024- Director
Mrs. Rosalind FutterEngland46 years Oct 2024- Director

P&L

March 2024

turnover

0

0%

operating profit

297.9m

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

210.2m

+0.08%

total assets

2.1b

+0.5%

cash

76.5m

+5.89%

net assets

Total assets minus all liabilities

doggerbank offshore wind farm project 3 holdco limited company details

company number

10931009

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

August 2017

age

8

incorporated

UK

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

no. 1 forbury place, 43 forbury road, reading, RG1 3JH

Bank

-

Legal Advisor

-

doggerbank offshore wind farm project 3 holdco 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 1 charges/mortgages relating to doggerbank offshore wind farm project 3 holdco limited. Currently there are 1 open charges and 0 have been satisfied in the past.

doggerbank offshore wind farm project 3 holdco 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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doggerbank offshore wind farm project 3 holdco limited Companies House Filings - See Documents

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