x-grid energy limited
x-grid energy limited Company Information
Company Number
11896372
Website
-Registered Address
metropolitan house station road, cheadle hulme, cheadle, SK8 7AZ
Industry
Production of electricity
Trade of electricity
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
stephen elliot kellar 30%
marcus stefani 30%
View Allx-grid energy limited Estimated Valuation
Pomanda estimates the enterprise value of X-GRID ENERGY LIMITED at £4.9m based on a Turnover of £3.3m and 1.5x industry multiple (adjusted for size and gross margin).
x-grid energy limited Estimated Valuation
Pomanda estimates the enterprise value of X-GRID ENERGY LIMITED at £636.1k based on an EBITDA of £141.3k and a 4.5x industry multiple (adjusted for size and gross margin).
x-grid energy limited Estimated Valuation
Pomanda estimates the enterprise value of X-GRID ENERGY LIMITED at £120.3k based on Net Assets of £101.2k and 1.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
X-grid Energy Limited Overview
X-grid Energy Limited is a live company located in cheadle, SK8 7AZ with a Companies House number of 11896372. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2019, it's largest shareholder is stephen elliot kellar with a 30% stake. X-grid Energy Limited is a young, small sized company, Pomanda has estimated its turnover at £3.3m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
X-grid Energy Limited Health Check
Pomanda's financial health check has awarded X-Grid Energy Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £1m, make it smaller than the average company (£10.2m)
- X-grid Energy Limited
£10.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- X-grid Energy Limited
- - Industry AVG
Production
with a gross margin of 37.7%, this company has a comparable cost of product (37.7%)
- X-grid Energy Limited
37.7% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (20.3%)
- X-grid Energy Limited
20.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (8)
3 - X-grid Energy Limited
8 - Industry AVG
Pay Structure
on an average salary of £51.8k, the company has an equivalent pay structure (£51.8k)
- X-grid Energy Limited
£51.8k - Industry AVG
Efficiency
resulting in sales per employee of £348.4k, this is less efficient (£424.8k)
- X-grid Energy Limited
£424.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (23 days)
- X-grid Energy Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (20 days)
- X-grid Energy Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- X-grid Energy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - X-grid Energy Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 209.3%, this is a higher level of debt than the average (96.1%)
209.3% - X-grid Energy Limited
96.1% - Industry AVG
X-GRID ENERGY LIMITED financials
X-Grid Energy Limited's latest turnover from December 2022 is estimated at £3.3 million and the company has net assets of £101.2 thousand. According to their latest financial statements, X-Grid Energy Limited has 3 employees and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 305 | 1,009 | 2,416 | 1,483 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 101,500 | 1,500 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 101,805 | 2,509 | 2,516 | 1,583 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 377,262 | 90,500 | 4,569 | 710 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,006 | 0 | 0 | 0 |
| Cash | 1,786 | 2,508 | 0 | 0 |
| misc current assets | 6,367 | 2,158 | 0 | 0 |
| total current assets | 391,421 | 95,166 | 4,569 | 710 |
| total assets | 493,226 | 97,675 | 7,085 | 2,293 |
| Bank overdraft | 38,544 | 38,544 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,733 | 1,841 | 65,551 | 3,527 |
| Group/Directors Accounts | 0 | 4,683 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 236,824 | 62,414 | 0 | 0 |
| total current liabilities | 281,101 | 107,482 | 65,551 | 3,527 |
| loans | 110,897 | 96,924 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 110,897 | 96,924 | 50,000 | 0 |
| total liabilities | 391,998 | 204,406 | 115,551 | 3,527 |
| net assets | 101,228 | -106,731 | -108,466 | -1,234 |
| total shareholders funds | 101,228 | -106,731 | -108,466 | -1,234 |
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 704 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 378,699 | 85,931 | 3,859 | 710 |
| Creditors | -59,818 | -63,710 | 62,024 | 3,527 |
| Accruals and Deferred Income | 236,824 | 62,414 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 101,400 | 1,400 | 0 | 100 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 4,683 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 110,897 | 96,924 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -50,000 | -50,000 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 1,786 | 2,508 | 0 | 0 |
| overdraft | 38,544 | 38,544 | 0 | 0 |
| change in cash | -36,758 | -36,036 | 0 | 0 |
x-grid energy limited Credit Report and Business Information
X-grid Energy Limited Competitor Analysis
Perform a competitor analysis for x-grid energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in SK8 area or any other competitors across 12 key performance metrics.
x-grid energy limited Ownership
X-GRID ENERGY LIMITED group structure
X-Grid Energy Limited has no subsidiary companies.
Ultimate parent company
X-GRID ENERGY LIMITED
11896372
x-grid energy limited directors
X-Grid Energy Limited currently has 4 directors. The longest serving directors include Mr Stephen Kellar (Mar 2019) and Mr Robert Templeton (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Kellar | England | 78 years | Mar 2019 | - | Director |
| Mr Robert Templeton | England | 82 years | Mar 2020 | - | Director |
| Mr Marcus Stefani | 57 years | Apr 2020 | - | Director | |
| Mr John Gallacher | England | 56 years | Oct 2020 | - | Director |
P&L
December 2022turnover
3.3m
+594%
operating profit
140.6k
0%
gross margin
40.8%
+20.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
101.2k
-1.93%
total assets
493.2k
+68.62%
cash
1.8k
0%
net assets
Total assets minus all liabilities
x-grid energy limited company details
company number
11896372
Type
Private limited with Share Capital
industry
35110 - Production of electricity
35140 - Trade of electricity
incorporation date
March 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
metropolitan house station road, cheadle hulme, cheadle, SK8 7AZ
accountant
-
auditor
-
x-grid 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 found 2 charges/mortgages relating to x-grid energy limited. Currently there are 2 open charges and 0 have been satisfied in the past.
x-grid energy limited Companies House Filings - See Documents
| date | description | view/download |
|---|
