energean group services limited
energean group services limited Company Information
Company Number
11697920
Next Accounts
Sep 2025
Shareholders
energean plc
Group Structure
View All
Industry
Extraction of crude petroleum
+2Registered Address
3rd floor accurist house,, 44 baker street, london, W1U 7AL
Website
www.energean.comenergean group services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGEAN GROUP SERVICES LIMITED at £2.6m based on a Turnover of £4.9m and 0.53x industry multiple (adjusted for size and gross margin).
energean group services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGEAN GROUP SERVICES LIMITED at £11.9k based on an EBITDA of £8.6k and a 1.38x industry multiple (adjusted for size and gross margin).
energean group services limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGEAN GROUP SERVICES LIMITED at £1.6m based on Net Assets of £1.2m and 1.31x industry multiple (adjusted for liquidity).
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Energean Group Services Limited Overview
Energean Group Services Limited is a live company located in london, W1U 7AL with a Companies House number of 11697920. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in November 2018, it's largest shareholder is energean plc with a 100% stake. Energean Group Services Limited is a young, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.
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Energean Group Services Limited Health Check
Pomanda's financial health check has awarded Energean Group Services Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
8 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£43m)
£4.9m - Energean Group Services Limited
£43m - Industry AVG
Growth
3 year (CAGR) sales growth of 230%, show it is growing at a faster rate (10.4%)
230% - Energean Group Services Limited
10.4% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (43.7%)
11.5% - Energean Group Services Limited
43.7% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (21.3%)
-4% - Energean Group Services Limited
21.3% - Industry AVG
Employees
with 19 employees, this is below the industry average (40)
19 - Energean Group Services Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Energean Group Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £259.2k, this is less efficient (£757.1k)
£259.2k - Energean Group Services Limited
£757.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Energean Group Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (27 days)
22 days - Energean Group Services Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Energean Group Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Energean Group Services Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (63.5%)
74.6% - Energean Group Services Limited
63.5% - Industry AVG
ENERGEAN GROUP SERVICES LIMITED financials
Energean Group Services Limited's latest turnover from December 2023 is £4.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Energean Group Services Limited has 19 employees and maintains cash reserves of £33.8 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 | 4,924,599 | 21,992 | 1,948,168 | 136,485 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | 4,360,666 | 20,421 | ||||
| Gross Profit | 563,933 | 1,571 | ||||
| Admin Expenses | 761,074 | 27,490 | ||||
| Operating Profit | -197,141 | -25,919 | 71,492 | -9,749 | -16,029 | |
| Interest Payable | 31,417 | 3,142 | 3,250 | 2,437 | 70 | |
| Interest Receivable | ||||||
| Pre-Tax Profit | -161,012 | -102,105 | 57,681 | 2,437 | -15,462 | |
| Tax | -19,636 | 19,636 | ||||
| Profit After Tax | -180,647 | -82,469 | 57,681 | 2,437 | -15,462 | |
| Dividends Paid | ||||||
| Retained Profit | -180,647 | -82,469 | 57,681 | 2,437 | -15,462 | |
| Employee Costs | ||||||
| Number Of Employees | 19 | |||||
| EBITDA* | 8,640 | -25,919 | 71,492 | -9,749 | -16,029 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 190,072 | |||||
| Intangible Assets | 26,704 | |||||
| Investments & Other | 1 | 19,636 | ||||
| Debtors (Due After 1 year) | 92,679 | 825,479 | ||||
| Total Fixed Assets | 309,456 | 845,115 | ||||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 4,270,342 | 25,918 | 814,850 | 168,982 | ||
| Misc Debtors | 9,425 | |||||
| Cash | 33,773 | 681,747 | 17,873 | 419,205 | 19,123 | |
| misc current assets | 165,724 | |||||
| total current assets | 4,469,840 | 717,091 | 832,724 | 588,188 | 19,123 | |
| total assets | 4,779,296 | 1,562,205 | 832,724 | 588,188 | 19,123 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 271,756 | 44,769 | ||||
| Group/Directors Accounts | 2,856,582 | 99,749 | ||||
| other short term finances | ||||||
| hp & lease commitments | 133,521 | |||||
| other current liabilities | 294,533 | 22,777 | 116,986 | 581,687 | 16,028 | |
| total current liabilities | 3,556,393 | 167,295 | 116,988 | 581,688 | 16,029 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 8,639 | |||||
| provisions | ||||||
| total long term liabilities | 8,640 | |||||
| total liabilities | 3,565,033 | 167,295 | 116,988 | 581,688 | 16,029 | |
| net assets | 1,214,263 | 1,394,910 | 715,736 | 6,499 | 3,094 | |
| total shareholders funds | 1,214,263 | 1,394,910 | 715,736 | 6,499 | 3,094 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -197,141 | -25,919 | 71,492 | -9,749 | -16,029 | |
| Depreciation | 205,781 | |||||
| Amortisation | ||||||
| Tax | -19,636 | 19,636 | ||||
| Stock | ||||||
| Debtors | 3,502,198 | 45,973 | 645,868 | 168,982 | ||
| Creditors | 226,987 | 44,769 | ||||
| Accruals and Deferred Income | 271,756 | -94,209 | -464,701 | 565,659 | 16,028 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -3,014,451 | -101,696 | -1,039,077 | 386,928 | -1 | |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -19,635 | 19,636 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 2,756,833 | 99,749 | ||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | 133,521 | |||||
| other long term liabilities | 8,639 | |||||
| share issue | ||||||
| interest | -31,417 | -3,142 | -3,250 | -2,437 | -70 | |
| cash flow from financing | 2,867,576 | 858,250 | 648,306 | -1,469 | 18,486 | |
| cash and cash equivalents | ||||||
| cash | -647,974 | 663,874 | -401,332 | 400,082 | 19,123 | |
| overdraft | ||||||
| change in cash | -647,974 | 663,874 | -401,332 | 400,082 | 19,123 |
energean group services limited Credit Report and Business Information
Energean Group Services Limited Competitor Analysis
Perform a competitor analysis for energean group services limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.
energean group services limited Ownership
ENERGEAN GROUP SERVICES LIMITED group structure
Energean Group Services Limited has no subsidiary companies.
energean group services limited directors
Energean Group Services Limited currently has 2 directors. The longest serving directors include Mr Matthaios Rigas (Nov 2018) and Mr Panagiotis Benos (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthaios Rigas | United Kingdom | 57 years | Nov 2018 | - | Director |
| Mr Panagiotis Benos | England | 45 years | Nov 2018 | - | Director |
P&L
December 2023turnover
4.9m
+22293%
operating profit
-197.1k
+661%
gross margin
11.5%
+60.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.2m
-0.13%
total assets
4.8m
+2.06%
cash
33.8k
-0.95%
net assets
Total assets minus all liabilities
Similar Companies
energean group services limited company details
company number
11697920
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
energean med limited (October 2022)
accountant
-
auditor
ERNST & YOUNG LLP
address
3rd floor accurist house,, 44 baker street, london, W1U 7AL
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
energean group services 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 energean group services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
energean group services 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 ENERGEAN GROUP SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
energean group services limited Companies House Filings - See Documents
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