renewable heat investments limited
renewable heat investments limited Company Information
Company Number
11978261
Website
-Registered Address
93-95 gloucester place, london, W1U 6JQ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
copley point assets limited 31.2%
alastair murray 27.5%
View Allrenewable heat investments limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE HEAT INVESTMENTS LIMITED at £91.1k based on a Turnover of £164.8k and 0.55x industry multiple (adjusted for size and gross margin).
renewable heat investments limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE HEAT INVESTMENTS LIMITED at £80.7k based on an EBITDA of £18.6k and a 4.33x industry multiple (adjusted for size and gross margin).
renewable heat investments limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE HEAT INVESTMENTS LIMITED at £2.7m based on Net Assets of £1.2m and 2.27x industry multiple (adjusted for liquidity).
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Renewable Heat Investments Limited Overview
Renewable Heat Investments Limited is a live company located in london, W1U 6JQ with a Companies House number of 11978261. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2019, it's largest shareholder is copley point assets limited with a 31.2% stake. Renewable Heat Investments Limited is a young, micro sized company, Pomanda has estimated its turnover at £164.8k with declining growth in recent years.
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Renewable Heat Investments Limited Health Check
Pomanda's financial health check has awarded Renewable Heat Investments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £164.8k, make it smaller than the average company (£3.7m)
- Renewable Heat Investments Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3%)
- Renewable Heat Investments Limited
3% - Industry AVG
Production
with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)
- Renewable Heat Investments Limited
38.9% - Industry AVG
Profitability
an operating margin of 11.3% make it more profitable than the average company (6.3%)
- Renewable Heat Investments Limited
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Renewable Heat Investments Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Renewable Heat Investments Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £82.4k, this is less efficient (£157.6k)
- Renewable Heat Investments Limited
£157.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Renewable Heat Investments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (33 days)
- Renewable Heat Investments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Renewable Heat Investments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 380 weeks, this is more cash available to meet short term requirements (24 weeks)
380 weeks - Renewable Heat Investments Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (63.6%)
47.9% - Renewable Heat Investments Limited
63.6% - Industry AVG
renewable heat investments limited Credit Report and Business Information
Renewable Heat Investments Limited Competitor Analysis
Perform a competitor analysis for renewable heat investments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
renewable heat investments limited Ownership
RENEWABLE HEAT INVESTMENTS LIMITED group structure
Renewable Heat Investments Limited has 3 subsidiary companies.
Ultimate parent company
RENEWABLE HEAT INVESTMENTS LIMITED
11978261
3 subsidiaries
renewable heat investments limited directors
Renewable Heat Investments Limited currently has 2 directors. The longest serving directors include Mr Alastair Murray (May 2019) and Mr Michael Heal (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alastair Murray | England | 39 years | May 2019 | - | Director |
| Mr Michael Heal | England | 43 years | May 2019 | - | Director |
RENEWABLE HEAT INVESTMENTS LIMITED financials
Renewable Heat Investments Limited's latest turnover from December 2022 is estimated at £164.8 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Renewable Heat Investments Limited has 2 employees and maintains cash reserves of £91 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 2,169,978 | 2,228,062 | 2,149,291 | 1,245,570 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,169,978 | 2,228,062 | 2,149,291 | 1,245,570 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 600 | 0 | 0 | 0 |
| Cash | 90,963 | 96,626 | 192,607 | 200,522 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 91,563 | 96,626 | 192,607 | 200,522 |
| total assets | 2,261,541 | 2,324,688 | 2,341,898 | 1,446,092 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 600 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 11,824 | 4,503 | 14,700 | 2,400 |
| total current liabilities | 12,424 | 4,503 | 14,700 | 2,400 |
| loans | 1,070,399 | 887,272 | 887,272 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,070,399 | 887,272 | 887,272 | 0 |
| total liabilities | 1,082,823 | 891,775 | 901,972 | 2,400 |
| net assets | 1,178,718 | 1,432,913 | 1,439,926 | 1,443,692 |
| total shareholders funds | 1,178,718 | 1,432,913 | 1,439,926 | 1,443,692 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 600 | 0 | 0 | 0 |
| Creditors | 600 | 0 | 0 | 0 |
| Accruals and Deferred Income | 7,321 | -10,197 | 12,300 | 2,400 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -58,084 | 78,771 | 903,721 | 1,245,570 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 183,127 | 0 | 887,272 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -5,663 | -95,981 | -7,915 | 200,522 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -5,663 | -95,981 | -7,915 | 200,522 |
P&L
December 2022turnover
164.8k
-42%
operating profit
18.6k
0%
gross margin
39%
+3.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
-0.18%
total assets
2.3m
-0.03%
cash
91k
-0.06%
net assets
Total assets minus all liabilities
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renewable heat investments limited company details
company number
11978261
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2019
age
5
accounts
Total Exemption Full
ultimate parent company
previous names
rendesco limited (July 2020)
incorporated
UK
address
93-95 gloucester place, london, W1U 6JQ
last accounts submitted
December 2022
renewable heat investments 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 renewable heat investments limited.
renewable heat investments limited Companies House Filings - See Documents
| date | description | view/download |
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