grangemouth energy company limited
grangemouth energy company limited Company Information
Company Number
11384522
Next Accounts
Sep 2025
Shareholders
ineos grangemouth limited
petroineos refining limited
Group Structure
View All
Industry
Production of electricity
Registered Address
hawkslease chapel lane, lyndhurst, SO43 7FG
Website
http://ineos.comgrangemouth energy company limited Estimated Valuation
Pomanda estimates the enterprise value of GRANGEMOUTH ENERGY COMPANY LIMITED at £0 based on a Turnover of £0 and 1.53x industry multiple (adjusted for size and gross margin).
grangemouth energy company limited Estimated Valuation
Pomanda estimates the enterprise value of GRANGEMOUTH ENERGY COMPANY LIMITED at £0 based on an EBITDA of £-6k and a 4.34x industry multiple (adjusted for size and gross margin).
grangemouth energy company limited Estimated Valuation
Pomanda estimates the enterprise value of GRANGEMOUTH ENERGY COMPANY LIMITED at £0 based on Net Assets of £-282.1m and 2.63x industry multiple (adjusted for liquidity).
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Grangemouth Energy Company Limited Overview
Grangemouth Energy Company Limited is a live company located in lyndhurst, SO43 7FG with a Companies House number of 11384522. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2018, it's largest shareholder is ineos grangemouth limited with a 70.4% stake. Grangemouth Energy Company Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Grangemouth Energy Company Limited Health Check
Pomanda's financial health check has awarded Grangemouth Energy Company Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Grangemouth Energy Company Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grangemouth Energy Company Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Grangemouth Energy Company Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Grangemouth Energy Company Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Grangemouth Energy Company Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Grangemouth Energy Company Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Grangemouth Energy Company Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Grangemouth Energy Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1316 days, this is slower than average (21 days)
- - Grangemouth Energy Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grangemouth Energy Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
- - Grangemouth Energy Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 389.3%, this is a higher level of debt than the average (90%)
- - Grangemouth Energy Company Limited
- - Industry AVG
GRANGEMOUTH ENERGY COMPANY LIMITED financials
Grangemouth Energy Company Limited's latest turnover from December 2023 is 0 and the company has net assets of -£282.1 million. According to their latest financial statements, we estimate that Grangemouth Energy Company Limited has 1 employee and maintains cash reserves of £44 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | -176,589,000 | -69,463,000 | ||||
| Cost Of Sales | 3,517,000 | 1,910,000 | 295,000 | 69,000 | -114,000 | |
| Gross Profit | -180,106,000 | -71,373,000 | -295,000 | -69,000 | 114,000 | |
| Admin Expenses | 38,000 | 137,000 | 16,000 | 16,000 | 20,000 | |
| Operating Profit | -180,144,000 | -71,510,000 | -311,000 | -85,000 | 94,000 | -13,000 |
| Interest Payable | 18,477,000 | 12,084,000 | 125,000 | 255,000 | 13,000 | |
| Interest Receivable | 270,000 | 276,000 | 3,000 | 301,000 | ||
| Pre-Tax Profit | -198,351,000 | -83,594,000 | -160,000 | -337,000 | 395,000 | -13,000 |
| Tax | -34,000 | -21,000 | 50,000 | -75,000 | ||
| Profit After Tax | -198,385,000 | -83,594,000 | -181,000 | -287,000 | 320,000 | -13,000 |
| Dividends Paid | ||||||
| Retained Profit | -198,385,000 | -83,594,000 | -181,000 | -287,000 | 320,000 | -13,000 |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -6,000 | -71,026,000 | -311,000 | -85,000 | 94,000 | -13,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 83,247,000 | 249,162,000 | 209,572,000 | 103,900,000 | 64,823,000 | 3,227,000 |
| Intangible Assets | 4,082,000 | 8,824,000 | ||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 45,000 | |||||
| Total Fixed Assets | 87,329,000 | 257,986,000 | 209,572,000 | 103,945,000 | 64,823,000 | 3,227,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 10,000 | 42,000 | ||||
| Group Debtors | 9,000 | 3,000 | 1,000 | |||
| Misc Debtors | 10,163,000 | 8,074,000 | 233,000 | 4,575,000 | 1,589,000 | 1,670,000 |
| Cash | 44,000 | 325,000 | 556,000 | 1,658,000 | 3,316,000 | 2,754,000 |
| misc current assets | ||||||
| total current assets | 10,207,000 | 8,408,000 | 789,000 | 6,243,000 | 4,950,000 | 4,425,000 |
| total assets | 97,536,000 | 266,394,000 | 210,361,000 | 110,188,000 | 69,773,000 | 7,652,000 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 12,687,000 | 12,876,000 | 924,000 | 9,814,000 | 8,295,000 | 1,648,000 |
| Group/Directors Accounts | 68,402,000 | 64,838,000 | 61,555,000 | 236,000 | 160,000 | 5,297,000 |
| other short term finances | ||||||
| hp & lease commitments | 3,153,000 | 3,708,000 | 152,000 | 30,000 | ||
| other current liabilities | 988,000 | 3,117,000 | 13,471,000 | 3,034,000 | 3,515,000 | 719,000 |
| total current liabilities | 85,230,000 | 84,539,000 | 76,102,000 | 13,114,000 | 11,970,000 | 7,664,000 |
| loans | 278,038,000 | 254,290,000 | 125,768,000 | 85,683,000 | 48,230,000 | |
| hp & lease commitments | 7,143,000 | 4,798,000 | 2,130,000 | 2,105,000 | ||
| Accruals and Deferred Income | 9,264,000 | 6,521,000 | 6,521,000 | 9,265,000 | 9,265,000 | |
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 294,445,000 | 265,609,000 | 134,419,000 | 97,053,000 | 57,495,000 | |
| total liabilities | 379,675,000 | 350,148,000 | 210,521,000 | 110,167,000 | 69,465,000 | 7,664,000 |
| net assets | -282,139,000 | -83,754,000 | -160,000 | 21,000 | 308,000 | -12,000 |
| total shareholders funds | -282,139,000 | -83,754,000 | -160,000 | 21,000 | 308,000 | -12,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -180,144,000 | -71,510,000 | -311,000 | -85,000 | 94,000 | -13,000 |
| Depreciation | 170,005,000 | |||||
| Amortisation | 10,133,000 | 484,000 | ||||
| Tax | -34,000 | -21,000 | 50,000 | -75,000 | ||
| Stock | ||||||
| Debtors | 2,080,000 | 7,850,000 | -4,397,000 | 2,996,000 | -37,000 | 1,671,000 |
| Creditors | -189,000 | 11,952,000 | -8,890,000 | 1,519,000 | 6,647,000 | 1,648,000 |
| Accruals and Deferred Income | 614,000 | -10,354,000 | 7,693,000 | -481,000 | 12,061,000 | 719,000 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -1,695,000 | -77,278,000 | 2,868,000 | -1,993,000 | 18,764,000 | 683,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 3,564,000 | 3,283,000 | 61,319,000 | 76,000 | -5,137,000 | 5,297,000 |
| Other Short Term Loans | ||||||
| Long term loans | 23,748,000 | 128,522,000 | 40,085,000 | 37,453,000 | 48,230,000 | |
| Hire Purchase and Lease Commitments | 1,790,000 | 6,224,000 | 147,000 | 2,135,000 | ||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -18,207,000 | -12,084,000 | 151,000 | -252,000 | 301,000 | -13,000 |
| cash flow from financing | 10,895,000 | 125,945,000 | 101,702,000 | 39,412,000 | 43,394,000 | 5,285,000 |
| cash and cash equivalents | ||||||
| cash | -281,000 | -231,000 | -1,102,000 | -1,658,000 | 562,000 | 2,754,000 |
| overdraft | ||||||
| change in cash | -281,000 | -231,000 | -1,102,000 | -1,658,000 | 562,000 | 2,754,000 |
grangemouth energy company limited Credit Report and Business Information
Grangemouth Energy Company Limited Competitor Analysis
Perform a competitor analysis for grangemouth energy company limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other young companies, companies in SO43 area or any other competitors across 12 key performance metrics.
grangemouth energy company limited Ownership
GRANGEMOUTH ENERGY COMPANY LIMITED group structure
Grangemouth Energy Company Limited has no subsidiary companies.
Ultimate parent company
INEOS LTD
#0101593
2 parents
GRANGEMOUTH ENERGY COMPANY LIMITED
11384522
grangemouth energy company limited directors
Grangemouth Energy Company Limited currently has 6 directors. The longest serving directors include Xinhong Wang (Jun 2018) and Mr Tobias Hannemann (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Xinhong Wang | England | 56 years | Jun 2018 | - | Director |
| Mr Tobias Hannemann | United Kingdom | 51 years | Aug 2019 | - | Director |
| Mr Stuart Collings | 57 years | Nov 2020 | - | Director | |
| Mr Stuart Collings | United Kingdom | 57 years | Nov 2020 | - | Director |
| Mr Christopher Mound | 43 years | Jan 2021 | - | Director | |
| Mr Graham MacLennan | 51 years | Nov 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-180.1m
+152%
gross margin
null%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-282.1m
+2.37%
total assets
97.5m
-0.63%
cash
44k
-0.86%
net assets
Total assets minus all liabilities
grangemouth energy company limited company details
company number
11384522
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
hawkslease chapel lane, lyndhurst, SO43 7FG
Bank
-
Legal Advisor
-
grangemouth energy company 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 grangemouth energy company limited.
grangemouth energy company 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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grangemouth energy company limited Companies House Filings - See Documents
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