orsted hornsea 1 holdings limited

orsted hornsea 1 holdings limited Company Information

Share ORSTED HORNSEA 1 HOLDINGS LIMITED
Live 
YoungMegaHigh

Company Number

11116433

Industry

Other business support service activities n.e.c.

 

Directors

Jacob Hjelm

Julian Gray

View All

Shareholders

orsted power (uk) limited

Group Structure

View All

Contact

Registered Address

5 howick place, london, SW1P 1WG

orsted hornsea 1 holdings limited Estimated Valuation

£613.3m

Pomanda estimates the enterprise value of ORSTED HORNSEA 1 HOLDINGS LIMITED at £613.3m based on a Turnover of £448.6m and 1.37x industry multiple (adjusted for size and gross margin).

orsted hornsea 1 holdings limited Estimated Valuation

£3.7b

Pomanda estimates the enterprise value of ORSTED HORNSEA 1 HOLDINGS LIMITED at £3.7b based on an EBITDA of £363.9m and a 10.08x industry multiple (adjusted for size and gross margin).

orsted hornsea 1 holdings limited Estimated Valuation

£952.3m

Pomanda estimates the enterprise value of ORSTED HORNSEA 1 HOLDINGS LIMITED at £952.3m based on Net Assets of £405.4m and 2.35x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Orsted Hornsea 1 Holdings Limited Overview

Orsted Hornsea 1 Holdings Limited is a live company located in london, SW1P 1WG with a Companies House number of 11116433. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2017, it's largest shareholder is orsted power (uk) limited with a 100% stake. Orsted Hornsea 1 Holdings Limited is a young, mega sized company, Pomanda has estimated its turnover at £448.6m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Orsted Hornsea 1 Holdings Limited Health Check

Pomanda's financial health check has awarded Orsted Hornsea 1 Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £448.6m, make it larger than the average company (£4.7m)

£448.6m - Orsted Hornsea 1 Holdings Limited

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.6%)

17% - Orsted Hornsea 1 Holdings Limited

6.6% - Industry AVG

production

Production

with a gross margin of 49.7%, this company has a lower cost of product (38.2%)

49.7% - Orsted Hornsea 1 Holdings Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 37.6% make it more profitable than the average company (5.7%)

37.6% - Orsted Hornsea 1 Holdings Limited

5.7% - Industry AVG

employees

Employees

with 2630 employees, this is above the industry average (26)

2630 - Orsted Hornsea 1 Holdings Limited

26 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Orsted Hornsea 1 Holdings Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £170.6k, this is equally as efficient (£170.6k)

£170.6k - Orsted Hornsea 1 Holdings Limited

£170.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Orsted Hornsea 1 Holdings Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (31 days)

19 days - Orsted Hornsea 1 Holdings Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Orsted Hornsea 1 Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (22 weeks)

14 weeks - Orsted Hornsea 1 Holdings Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (62.3%)

82.3% - Orsted Hornsea 1 Holdings Limited

62.3% - Industry AVG

ORSTED HORNSEA 1 HOLDINGS LIMITED financials

EXPORTms excel logo

Orsted Hornsea 1 Holdings Limited's latest turnover from December 2023 is £448.6 million and the company has net assets of £405.4 million. According to their latest financial statements, we estimate that Orsted Hornsea 1 Holdings Limited has 2,630 employees and maintains cash reserves of £17.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover448,576,688417,583,778350,697,915279,839,7352,638,8520
Other Income Or Grants000000
Cost Of Sales225,475,732251,922,793227,029,571170,854,8611,439,3220
Gross Profit223,100,956165,660,985123,668,344108,984,8741,199,5300
Admin Expenses54,268,72650,547,2603,0402,0001,801-12,398,200
Operating Profit168,832,230115,113,725123,665,304108,982,8741,197,72912,398,200
Interest Payable107,584,78948,764,23523,861,17733,514,50730,289,740344,789
Interest Receivable15,012,3427,149,74877,962,45987,755,78265,005,0592,910,030
Pre-Tax Profit76,259,78373,499,238177,766,586163,224,14935,913,04814,963,441
Tax-58,234,439-59,218,737-22,917,253-31,012,588-6,823,443-487,090
Profit After Tax18,025,34414,280,501154,849,333132,211,56129,089,60514,476,351
Dividends Paid1,671,000,0001,810,000,00000012,395,000
Retained Profit-1,652,974,656-1,795,719,499154,849,333132,211,56129,089,6052,081,351
Employee Costs000000
Number Of Employees2,6302,5792,4001,926181
EBITDA*363,909,471318,852,593123,665,304108,982,8741,197,72912,398,200

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets1,895,347,3642,077,000,3422,778,591,3183,294,344,8603,174,225,0051,444,499,543
Intangible Assets62,932,60475,192,9210000
Investments & Other18,237,15654,738,7412,778,591,3183,294,344,8603,174,225,0051,444,499,237
Debtors (Due After 1 year)000000
Total Fixed Assets1,976,517,1242,206,932,0042,778,591,3183,294,344,8603,174,225,0051,444,499,543
Stock & work in progress000000
Trade Debtors010,665,2320000
Group Debtors280,246,417285,194,216544,983,49150,235,87816,626,8160
Misc Debtors1,584,8696,089,0900000
Cash17,347,11945,352,8430000
misc current assets17,787,85537,894,1820000
total current assets316,966,260385,195,563544,983,49150,235,87816,626,8160
total assets2,293,483,3842,592,127,5673,323,574,8093,344,580,7383,190,851,8211,444,499,543
Bank overdraft000000
Bank loan000000
Trade Creditors 11,910,016468,32412,683,000000
Group/Directors Accounts18,202,79710,799,2120000
other short term finances000000
hp & lease commitments4,696,1303,556,1640000
other current liabilities27,960,94315,269,18743,659,95798,198,2199,680,863442,418,190
total current liabilities62,769,88630,092,88756,342,95798,198,2199,680,863442,418,190
loans1,671,000,0001,810,000,0001,949,000,0002,083,000,0002,150,000,0000
hp & lease commitments84,243,43994,962,8780000
Accruals and Deferred Income000000
other liabilities000000
provisions70,048,23269,675,3190000
total long term liabilities1,825,291,6711,974,638,1971,949,000,0002,083,000,0002,150,000,0000
total liabilities1,888,061,5572,004,731,0842,005,342,9572,181,198,2192,159,680,863442,418,190
net assets405,421,827587,396,4831,318,231,8521,163,382,5191,031,170,9581,002,081,353
total shareholders funds405,421,827587,396,4831,318,231,8521,163,382,5191,031,170,9581,002,081,353
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit168,832,230115,113,725123,665,304108,982,8741,197,72912,398,200
Depreciation188,834,477203,738,8680000
Amortisation6,242,76400000
Tax-58,234,439-59,218,737-22,917,253-31,012,588-6,823,443-487,090
Stock000000
Debtors-20,117,252-243,034,953494,747,61333,609,06216,626,8160
Creditors11,441,692-12,214,67612,683,000000
Accruals and Deferred Income12,691,756-28,390,770-54,538,26288,517,356-432,737,327442,418,190
Deferred Taxes & Provisions372,91369,675,3190000
Cash flow from operations350,298,645531,738,682-435,854,824132,878,580-454,989,857454,329,300
Investing Activities
capital expenditure-1,163,946422,659,187515,753,542-120,119,855-1,729,725,462-1,444,499,543
Change in Investments-36,501,585-2,723,852,577-515,753,542120,119,8551,729,725,7681,444,499,237
cash flow from investments35,337,6393,146,511,7641,031,507,084-240,239,710-3,459,451,230-2,888,998,780
Financing Activities
Bank loans000000
Group/Directors Accounts7,403,58510,799,2120000
Other Short Term Loans 000000
Long term loans-139,000,000-139,000,000-134,000,000-67,000,0002,150,000,0000
Hire Purchase and Lease Commitments-9,579,47398,519,0420000
other long term liabilities000000
share issue1,471,000,0001,064,884,1300001,000,000,002
interest-92,572,447-41,614,48754,101,28254,241,27534,715,3192,565,241
cash flow from financing1,237,251,665993,587,897-79,898,718-12,758,7252,184,715,3191,002,565,243
cash and cash equivalents
cash-28,005,72445,352,8430000
overdraft000000
change in cash-28,005,72445,352,8430000

orsted hornsea 1 holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for orsted hornsea 1 holdings limited. Get real-time insights into orsted hornsea 1 holdings limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Orsted Hornsea 1 Holdings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for orsted hornsea 1 holdings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in SW1P area or any other competitors across 12 key performance metrics.

orsted hornsea 1 holdings limited Ownership

ORSTED HORNSEA 1 HOLDINGS LIMITED group structure

Orsted Hornsea 1 Holdings Limited has no subsidiary companies.

Ultimate parent company

ORSTED A/S

#0054594

2 parents

ORSTED HORNSEA 1 HOLDINGS LIMITED

11116433

ORSTED HORNSEA 1 HOLDINGS LIMITED Shareholders

orsted power (uk) limited 100%

orsted hornsea 1 holdings limited directors

Orsted Hornsea 1 Holdings Limited currently has 3 directors. The longest serving directors include Mr Jacob Hjelm (Jul 2021) and Mr Julian Gray (Sep 2023).

officercountryagestartendrole
Mr Jacob HjelmDenmark49 years Jul 2021- Director
Mr Julian Gray43 years Sep 2023- Director
Mr Benjamin Westwood43 years Sep 2023- Director

P&L

December 2023

turnover

448.6m

+7%

operating profit

168.8m

+47%

gross margin

49.8%

+25.37%

turnover

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

Balance Sheet

December 2023

net assets

405.4m

-0.31%

total assets

2.3b

-0.12%

cash

17.3m

-0.62%

net assets

Total assets minus all liabilities

orsted hornsea 1 holdings limited company details

company number

11116433

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2017

age

7

incorporated

UK

ultimate parent company

ORSTED A/S

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

5 howick place, london, SW1P 1WG

Bank

-

Legal Advisor

-

orsted hornsea 1 holdings 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 did not find charges/mortgages relating to orsted hornsea 1 holdings limited.

orsted hornsea 1 holdings 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 ORSTED HORNSEA 1 HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.

orsted hornsea 1 holdings limited Companies House Filings - See Documents

datedescriptionview/download