evero energy services limited
evero energy services limited Company Information
Company Number
12261508
Website
-Registered Address
28 austin friars, london, EC2N 2QQ
Industry
Construction of utility projects for electricity and telecommunications
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bioenergy infrastructure finance limited 100%
evero energy services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY SERVICES LIMITED at £6.8m based on a Turnover of £27m and 0.25x industry multiple (adjusted for size and gross margin).
evero energy services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY SERVICES LIMITED at £538k based on an EBITDA of £146k and a 3.68x industry multiple (adjusted for size and gross margin).
evero energy services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERO ENERGY SERVICES LIMITED at £3.2m based on Net Assets of £2.2m and 1.44x industry multiple (adjusted for liquidity).
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Evero Energy Services Limited Overview
Evero Energy Services Limited is a live company located in london, EC2N 2QQ with a Companies House number of 12261508. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in October 2019, it's largest shareholder is bioenergy infrastructure finance limited with a 100% stake. Evero Energy Services Limited is a young, large sized company, Pomanda has estimated its turnover at £27m with unknown growth in recent years.
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Evero Energy Services Limited Health Check
Pomanda's financial health check has awarded Evero Energy Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £27m, make it larger than the average company (£5.3m)
£27m - Evero Energy Services Limited
£5.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evero Energy Services Limited
- - Industry AVG
Production
with a gross margin of 6.7%, this company has a higher cost of product (28.1%)
6.7% - Evero Energy Services Limited
28.1% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (12.4%)
0.4% - Evero Energy Services Limited
12.4% - Industry AVG
Employees
with 137 employees, this is above the industry average (22)
137 - Evero Energy Services Limited
22 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has a lower pay structure (£56.9k)
£42.1k - Evero Energy Services Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £197.3k, this is less efficient (£244.5k)
£197.3k - Evero Energy Services Limited
£244.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (50 days)
47 days - Evero Energy Services Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (34 days)
26 days - Evero Energy Services Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (12 days)
0 days - Evero Energy Services Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (21 weeks)
20 weeks - Evero Energy Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.3%, this is a similar level of debt than the average (79.4%)
77.3% - Evero Energy Services Limited
79.4% - Industry AVG
EVERO ENERGY SERVICES LIMITED financials
Evero Energy Services Limited's latest turnover from December 2022 is £27 million and the company has net assets of £2.2 million. According to their latest financial statements, Evero Energy Services Limited has 137 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | 27,029,000 | 22,505,000 | 20,621,000 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 25,215,000 | 20,709,000 | 19,662,000 |
| Gross Profit | 1,814,000 | 1,796,000 | 959,000 |
| Admin Expenses | 1,712,000 | 795,000 | 825,000 |
| Operating Profit | 102,000 | 1,001,000 | 134,000 |
| Interest Payable | 1,000 | 10,000 | 40,000 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | 101,000 | 991,000 | 94,000 |
| Tax | -139,000 | 173,000 | 4,000 |
| Profit After Tax | -38,000 | 1,164,000 | 98,000 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | -38,000 | 1,164,000 | 98,000 |
| Employee Costs | 5,772,000 | 9,561,000 | 3,125,000 |
| Number Of Employees | 137 | 103 | 63 |
| EBITDA* | 146,000 | 1,043,000 | 156,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 33,000 | 58,000 | 84,000 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 33,000 | 58,000 | 84,000 |
| Stock & work in progress | 5,000 | 5,000 | 0 |
| Trade Debtors | 3,483,000 | 3,094,000 | 3,963,000 |
| Group Debtors | 704,000 | 0 | 0 |
| Misc Debtors | 2,563,000 | 1,535,000 | 2,451,000 |
| Cash | 2,994,000 | 2,591,000 | 963,000 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 9,749,000 | 7,225,000 | 7,377,000 |
| total assets | 9,782,000 | 7,283,000 | 7,461,000 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,864,000 | 833,000 | 1,989,000 |
| Group/Directors Accounts | 3,198,000 | 1,355,000 | 3,979,000 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 2,496,000 | 2,833,000 | 1,395,000 |
| total current liabilities | 7,558,000 | 5,021,000 | 7,363,000 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 7,558,000 | 5,021,000 | 7,363,000 |
| net assets | 2,224,000 | 2,262,000 | 98,000 |
| total shareholders funds | 2,224,000 | 2,262,000 | 98,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 102,000 | 1,001,000 | 134,000 |
| Depreciation | 44,000 | 42,000 | 22,000 |
| Amortisation | 0 | 0 | 0 |
| Tax | -139,000 | 173,000 | 4,000 |
| Stock | 0 | 5,000 | 0 |
| Debtors | 2,121,000 | -1,785,000 | 6,414,000 |
| Creditors | 1,031,000 | -1,156,000 | 1,989,000 |
| Accruals and Deferred Income | -337,000 | 1,438,000 | 1,395,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -1,420,000 | 3,278,000 | -2,870,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 1,843,000 | -2,624,000 | 3,979,000 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -1,000 | -10,000 | -40,000 |
| cash flow from financing | 1,842,000 | -1,634,000 | 3,939,000 |
| cash and cash equivalents | |||
| cash | 403,000 | 1,628,000 | 963,000 |
| overdraft | 0 | 0 | 0 |
| change in cash | 403,000 | 1,628,000 | 963,000 |
evero energy services limited Credit Report and Business Information
Evero Energy Services Limited Competitor Analysis
Perform a competitor analysis for evero energy services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
evero energy services limited Ownership
EVERO ENERGY SERVICES LIMITED group structure
Evero Energy Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
EVERO ENERGY SERVICES LIMITED
12261508
evero energy services limited directors
Evero Energy Services Limited currently has 2 directors. The longest serving directors include Mr Elliot Renton (Sep 2020) and Mr Simon Hicks (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elliot Renton | England | 57 years | Sep 2020 | - | Director |
| Mr Simon Hicks | England | 56 years | Jun 2021 | - | Director |
P&L
December 2022turnover
27m
+20%
operating profit
102k
-90%
gross margin
6.8%
-15.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.2m
-0.02%
total assets
9.8m
+0.34%
cash
3m
+0.16%
net assets
Total assets minus all liabilities
Similar Companies
evero energy services limited company details
company number
12261508
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
October 2019
age
5
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
bioenergy infrastructure services limited (June 2023)
last accounts submitted
December 2022
address
28 austin friars, london, EC2N 2QQ
accountant
-
auditor
BDO LLP
evero energy 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 did not find charges/mortgages relating to evero energy services limited.
evero energy services limited Companies House Filings - See Documents
| date | description | view/download |
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