harmony ctf 2 limited
harmony ctf 2 limited Company Information
Company Number
11558612
Next Accounts
Sep 2025
Shareholders
frv solar holdings xviii s.l.
harmony energy limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
10 st james business park, grimbald crag court, knaresborough, HG5 8QB
Website
harmonyenergystorage.co.ukharmony ctf 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY CTF 2 LIMITED at £2.9m based on a Turnover of £809.9k and 3.54x industry multiple (adjusted for size and gross margin).
harmony ctf 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY CTF 2 LIMITED at £3m based on an EBITDA of £425.2k and a 7.11x industry multiple (adjusted for size and gross margin).
harmony ctf 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY CTF 2 LIMITED at £9.2m based on Net Assets of £5.2m and 1.76x industry multiple (adjusted for liquidity).
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Harmony Ctf 2 Limited Overview
Harmony Ctf 2 Limited is a live company located in knaresborough, HG5 8QB with a Companies House number of 11558612. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2018, it's largest shareholder is frv solar holdings xviii s.l. with a 70% stake. Harmony Ctf 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £809.9k with unknown growth in recent years.
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Harmony Ctf 2 Limited Health Check
Pomanda's financial health check has awarded Harmony Ctf 2 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £809.9k, make it smaller than the average company (£1.1m)
£809.9k - Harmony Ctf 2 Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Harmony Ctf 2 Limited
- - Industry AVG
Production
with a gross margin of 83.5%, this company has a comparable cost of product (70.8%)
83.5% - Harmony Ctf 2 Limited
70.8% - Industry AVG
Profitability
an operating margin of 22.6% make it as profitable than the average company (21.4%)
22.6% - Harmony Ctf 2 Limited
21.4% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
6 - Harmony Ctf 2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Harmony Ctf 2 Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £135k, this is less efficient (£202.7k)
£135k - Harmony Ctf 2 Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 267 days, this is later than average (33 days)
267 days - Harmony Ctf 2 Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 16491 days, this is slower than average (34 days)
16491 days - Harmony Ctf 2 Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harmony Ctf 2 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 - Harmony Ctf 2 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a similar level of debt than the average (71.4%)
75.1% - Harmony Ctf 2 Limited
71.4% - Industry AVG
HARMONY CTF 2 LIMITED financials
Harmony Ctf 2 Limited's latest turnover from December 2023 is £809.9 thousand and the company has net assets of £5.2 million. According to their latest financial statements, Harmony Ctf 2 Limited has 6 employees and maintains cash reserves of £390.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 809,925 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | 133,713 | ||||
| Gross Profit | 676,212 | ||||
| Admin Expenses | 493,161 | 15,837 | |||
| Operating Profit | 183,051 | -15,837 | -9,786 | -222 | |
| Interest Payable | 211,389 | ||||
| Interest Receivable | 118,040 | 1,270 | |||
| Pre-Tax Profit | 89,702 | -14,567 | -9,786 | -222 | |
| Tax | -16,513 | ||||
| Profit After Tax | 73,189 | -14,567 | -9,786 | -222 | |
| Dividends Paid | |||||
| Retained Profit | 73,189 | -14,567 | -9,786 | -222 | |
| Employee Costs | |||||
| Number Of Employees | 6 | 5 | 3 | 3 | |
| EBITDA* | 425,239 | -15,837 | -9,786 | -222 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 18,913,703 | 6,258,487 | 2,263,687 | 55,959 | 55,000 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | 887,068 | 61,277 | |||
| Total Fixed Assets | 19,800,771 | 6,319,764 | 2,263,687 | 55,959 | 55,000 |
| Stock & work in progress | |||||
| Trade Debtors | 594,672 | 11,471 | |||
| Group Debtors | 24,731 | ||||
| Misc Debtors | 208,112 | 572,610 | 2,851,478 | 827 | |
| Cash | 390,814 | 5,343,813 | 406,553 | 29 | |
| misc current assets | 1 | ||||
| total current assets | 1,218,329 | 5,916,423 | 3,258,031 | 857 | 11,471 |
| total assets | 21,019,100 | 12,236,187 | 5,521,718 | 56,816 | 66,471 |
| Bank overdraft | |||||
| Bank loan | 601,293 | 453,485 | |||
| Trade Creditors | 6,041,336 | 67,761 | 69,606 | ||
| Group/Directors Accounts | 9,093 | 9,236 | 9,237 | 60,173 | |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 2,881,907 | 577,694 | 115,881 | ||
| total current liabilities | 9,533,629 | 1,108,176 | 125,118 | 60,173 | 69,606 |
| loans | 6,104,182 | 5,795,808 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 15,005 | ||||
| provisions | 122,637 | ||||
| total long term liabilities | 6,241,824 | 5,795,808 | |||
| total liabilities | 15,775,453 | 6,903,984 | 125,118 | 60,173 | 69,606 |
| net assets | 5,243,647 | 5,332,203 | 5,396,600 | -3,357 | -3,135 |
| total shareholders funds | 5,243,647 | 5,332,203 | 5,396,600 | -3,357 | -3,135 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 183,051 | -15,837 | -9,786 | -222 | |
| Depreciation | 242,188 | ||||
| Amortisation | |||||
| Tax | -16,513 | ||||
| Stock | |||||
| Debtors | 1,080,696 | -2,217,591 | 2,850,651 | -10,644 | 11,471 |
| Creditors | 5,973,575 | 67,761 | -69,606 | 69,606 | |
| Accruals and Deferred Income | 2,304,213 | 461,813 | 115,881 | ||
| Deferred Taxes & Provisions | 122,637 | ||||
| Cash flow from operations | 7,728,455 | 2,731,328 | -2,744,556 | -59,184 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 147,808 | 453,485 | |||
| Group/Directors Accounts | -143 | -1 | -50,936 | 60,173 | |
| Other Short Term Loans | |||||
| Long term loans | 308,374 | 5,795,808 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 15,005 | ||||
| share issue | |||||
| interest | -93,349 | 1,270 | |||
| cash flow from financing | 215,950 | 6,200,732 | 5,358,807 | 60,173 | |
| cash and cash equivalents | |||||
| cash | -4,952,999 | 4,937,260 | 406,524 | 29 | |
| overdraft | |||||
| change in cash | -4,952,999 | 4,937,260 | 406,524 | 29 |
harmony ctf 2 limited Credit Report and Business Information
Harmony Ctf 2 Limited Competitor Analysis
Perform a competitor analysis for harmony ctf 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HG5 area or any other competitors across 12 key performance metrics.
harmony ctf 2 limited Ownership
HARMONY CTF 2 LIMITED group structure
Harmony Ctf 2 Limited has no subsidiary companies.
harmony ctf 2 limited directors
Harmony Ctf 2 Limited currently has 5 directors. The longest serving directors include Mr Peter Kavanagh (Sep 2018) and Mr Deniz Saidov (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Kavanagh | United Kingdom | 46 years | Sep 2018 | - | Director |
| Mr Deniz Saidov | England | 42 years | Sep 2021 | - | Director |
| Mr Felipe Fernandez | England | 45 years | Sep 2021 | - | Director |
| Mr Francesco Gasparini | United Kingdom | 60 years | Sep 2021 | - | Director |
| Mr Alexander Thornton | England | 43 years | Oct 2023 | - | Director |
P&L
December 2023turnover
809.9k
0%
operating profit
183.1k
-1256%
gross margin
83.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.2m
-0.02%
total assets
21m
+0.72%
cash
390.8k
-0.93%
net assets
Total assets minus all liabilities
harmony ctf 2 limited company details
company number
11558612
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
10 st james business park, grimbald crag court, knaresborough, HG5 8QB
Bank
-
Legal Advisor
-
harmony ctf 2 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 harmony ctf 2 limited. Currently there are 1 open charges and 1 have been satisfied in the past.
harmony ctf 2 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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harmony ctf 2 limited Companies House Filings - See Documents
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