spring stone energy limited
spring stone energy limited Company Information
Company Number
11226876
Website
-Registered Address
church rise little rissington, cheltenham, gloucestershire, GL54 2ND
Industry
Extraction of natural gas
Extraction of crude petroleum
Telephone
-
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
matthew wilks 60%
amanda wilks 40%
spring stone energy limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING STONE ENERGY LIMITED at £623.2k based on a Turnover of £881.8k and 0.71x industry multiple (adjusted for size and gross margin).
spring stone energy limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING STONE ENERGY LIMITED at £471.6k based on an EBITDA of £171.7k and a 2.75x industry multiple (adjusted for size and gross margin).
spring stone energy limited Estimated Valuation
Pomanda estimates the enterprise value of SPRING STONE ENERGY LIMITED at £643.9k based on Net Assets of £358.1k and 1.8x industry multiple (adjusted for liquidity).
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Spring Stone Energy Limited Overview
Spring Stone Energy Limited is a live company located in gloucestershire, GL54 2ND with a Companies House number of 11226876. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in February 2018, it's largest shareholder is matthew wilks with a 60% stake. Spring Stone Energy Limited is a young, small sized company, Pomanda has estimated its turnover at £881.8k with rapid growth in recent years.
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Spring Stone Energy Limited Health Check
Pomanda's financial health check has awarded Spring Stone Energy Limited a 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
5 Strong
2 Regular
3 Weak
Size
annual sales of £881.8k, make it smaller than the average company (£17.4m)
- Spring Stone Energy Limited
£17.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (12.7%)
- Spring Stone Energy Limited
12.7% - Industry AVG
Production
with a gross margin of 53.4%, this company has a comparable cost of product (53.4%)
- Spring Stone Energy Limited
53.4% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (8.5%)
- Spring Stone Energy Limited
8.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Spring Stone Energy Limited
28 - Industry AVG
Pay Structure
on an average salary of £94.8k, the company has an equivalent pay structure (£94.8k)
- Spring Stone Energy Limited
£94.8k - Industry AVG
Efficiency
resulting in sales per employee of £440.9k, this is less efficient (£987.4k)
- Spring Stone Energy Limited
£987.4k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (46 days)
- Spring Stone Energy Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spring Stone Energy Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spring Stone Energy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 172 weeks, this is more cash available to meet short term requirements (24 weeks)
172 weeks - Spring Stone Energy Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.4%, this is a lower level of debt than the average (60.1%)
26.4% - Spring Stone Energy Limited
60.1% - Industry AVG
SPRING STONE ENERGY LIMITED financials
Spring Stone Energy Limited's latest turnover from April 2024 is estimated at £881.8 thousand and the company has net assets of £358.1 thousand. According to their latest financial statements, Spring Stone Energy Limited has 2 employees and maintains cash reserves of £422.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,895 | 4,135 | 2,365 | 2,785 | 4,360 | 3,301 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,895 | 4,135 | 2,365 | 2,785 | 4,360 | 3,301 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 60,804 | 29,094 | 24,908 | 3,460 | 0 | 34 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 5,642 | 9,382 | 0 |
| Cash | 422,546 | 311,897 | 342,172 | 333,857 | 449,077 | 115,477 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 483,350 | 340,991 | 367,080 | 342,959 | 458,459 | 115,511 |
| total assets | 486,245 | 345,126 | 369,445 | 345,744 | 462,819 | 118,812 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,800 | 0 | 0 |
| Group/Directors Accounts | 69,236 | 121,480 | 105,547 | 86,926 | 86,618 | 36,970 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 58,130 | 6,106 | 15,458 | 1,848 | 71,073 | 25,082 |
| total current liabilities | 127,366 | 127,586 | 121,005 | 90,574 | 157,691 | 62,052 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 776 | 1,034 | 0 | 0 | 0 | 0 |
| total long term liabilities | 776 | 1,034 | 0 | 0 | 0 | 0 |
| total liabilities | 128,142 | 128,620 | 121,005 | 90,574 | 157,691 | 62,052 |
| net assets | 358,103 | 216,506 | 248,440 | 255,170 | 305,128 | 56,760 |
| total shareholders funds | 358,103 | 216,506 | 248,440 | 255,170 | 305,128 | 56,760 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,240 | 1,918 | 1,691 | 1,575 | 1,575 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 31,710 | 4,186 | 15,806 | -280 | 9,348 | 34 |
| Creditors | 0 | 0 | -1,800 | 1,800 | 0 | 0 |
| Accruals and Deferred Income | 52,024 | -9,352 | 13,610 | -69,225 | 45,991 | 25,082 |
| Deferred Taxes & Provisions | -258 | 1,034 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -52,244 | 15,933 | 18,621 | 308 | 49,648 | 36,970 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 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 | 110,649 | -30,275 | 8,315 | -115,220 | 333,600 | 115,477 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 110,649 | -30,275 | 8,315 | -115,220 | 333,600 | 115,477 |
spring stone energy limited Credit Report and Business Information
Spring Stone Energy Limited Competitor Analysis
Perform a competitor analysis for spring stone energy limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in GL54 area or any other competitors across 12 key performance metrics.
spring stone energy limited Ownership
SPRING STONE ENERGY LIMITED group structure
Spring Stone Energy Limited has no subsidiary companies.
Ultimate parent company
SPRING STONE ENERGY LIMITED
11226876
spring stone energy limited directors
Spring Stone Energy Limited currently has 2 directors. The longest serving directors include Mr Matthew Wilks (Feb 2018) and Mrs Amanda Wilks (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Wilks | United Kingdom | 61 years | Feb 2018 | - | Director |
| Mrs Amanda Wilks | United Kingdom | 55 years | Feb 2018 | - | Director |
P&L
April 2024turnover
881.8k
+18%
operating profit
170.4k
0%
gross margin
53.5%
-9.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
358.1k
+0.65%
total assets
486.2k
+0.41%
cash
422.5k
+0.35%
net assets
Total assets minus all liabilities
spring stone energy limited company details
company number
11226876
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
06200 - Extraction of natural gas
06100 - Extraction of crude petroleum
incorporation date
February 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2024
address
church rise little rissington, cheltenham, gloucestershire, GL54 2ND
accountant
RANBDALL & PAYNE LLP
auditor
-
spring stone 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 did not find charges/mortgages relating to spring stone energy limited.
spring stone energy limited Companies House Filings - See Documents
| date | description | view/download |
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