wessex solar management limited
wessex solar management limited Company Information
Company Number
12337049
Next Accounts
May 2025
Shareholders
alan kerr
john ridley wearmouth
View AllGroup Structure
View All
Industry
Other personal service activities n.e.c.
+1Registered Address
barmoor farm house barmoor, morpeth, northumberland, NE61 6LB
Website
wessexsolarenergy.comwessex solar management limited Estimated Valuation
Pomanda estimates the enterprise value of WESSEX SOLAR MANAGEMENT LIMITED at £1.4m based on a Turnover of £1.3m and 1.14x industry multiple (adjusted for size and gross margin).
wessex solar management limited Estimated Valuation
Pomanda estimates the enterprise value of WESSEX SOLAR MANAGEMENT LIMITED at £184.1k based on an EBITDA of £41.3k and a 4.45x industry multiple (adjusted for size and gross margin).
wessex solar management limited Estimated Valuation
Pomanda estimates the enterprise value of WESSEX SOLAR MANAGEMENT LIMITED at £3.6m based on Net Assets of £1.4m and 2.58x industry multiple (adjusted for liquidity).
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Wessex Solar Management Limited Overview
Wessex Solar Management Limited is a live company located in northumberland, NE61 6LB with a Companies House number of 12337049. It operates in the production of electricity sector, SIC Code 35110. Founded in November 2019, it's largest shareholder is alan kerr with a 29% stake. Wessex Solar Management Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Wessex Solar Management Limited Health Check
Pomanda's financial health check has awarded Wessex Solar Management Limited a 3.5 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
3 Regular
5 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.3m)
- Wessex Solar Management Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.6%)
- Wessex Solar Management Limited
7.6% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Wessex Solar Management Limited
55.6% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (28.1%)
- Wessex Solar Management Limited
28.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
6 - Wessex Solar Management Limited
8 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
- Wessex Solar Management Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £211.5k, this is less efficient (£258.6k)
- Wessex Solar Management Limited
£258.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wessex Solar Management Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (30 days)
- Wessex Solar Management Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 475 days, this is more than average (27 days)
- Wessex Solar Management Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 301 weeks, this is more cash available to meet short term requirements (28 weeks)
301 weeks - Wessex Solar Management Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (66.9%)
8.5% - Wessex Solar Management Limited
66.9% - Industry AVG
WESSEX SOLAR MANAGEMENT LIMITED financials
Wessex Solar Management Limited's latest turnover from August 2023 is estimated at £1.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Wessex Solar Management Limited has 6 employees and maintains cash reserves of £745.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Nov 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 | 6 | 6 | 6 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 4 | 4 | 4 | 4 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4 | 4 | 4 | 4 |
| Stock & work in progress | 733,965 | 1,103,684 | 599,568 | 341,631 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 26,686 | 36,094 | 19,256 | 66,584 |
| Cash | 745,549 | 138,778 | 321,704 | 364,248 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,506,200 | 1,278,556 | 940,528 | 772,463 |
| total assets | 1,506,204 | 1,278,560 | 940,532 | 772,467 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,713 | 75,699 | 5,331 | 58,395 |
| 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 | 124,884 | 33,676 | 62,261 | 231,564 |
| total current liabilities | 128,597 | 109,375 | 67,592 | 289,959 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| total liabilities | 128,597 | 109,375 | 67,592 | 289,959 |
| net assets | 1,377,607 | 1,169,185 | 872,940 | 482,508 |
| total shareholders funds | 1,377,607 | 1,169,185 | 872,940 | 482,508 |
| Aug 2023 | Aug 2022 | Aug 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -369,719 | 504,116 | 257,937 | 341,631 |
| Debtors | -9,408 | 16,838 | -47,328 | 66,584 |
| Creditors | -71,986 | 70,368 | -53,064 | 58,395 |
| Accruals and Deferred Income | 91,208 | -28,585 | -169,303 | 231,564 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 4 |
| 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 | 0 | 0 | 0 | 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 | 606,771 | -182,926 | -42,544 | 364,248 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 606,771 | -182,926 | -42,544 | 364,248 |
wessex solar management limited Credit Report and Business Information
Wessex Solar Management Limited Competitor Analysis
Perform a competitor analysis for wessex solar management limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in NE61 area or any other competitors across 12 key performance metrics.
wessex solar management limited Ownership
WESSEX SOLAR MANAGEMENT LIMITED group structure
Wessex Solar Management Limited has 5 subsidiary companies.
Ultimate parent company
WESSEX SOLAR MANAGEMENT LIMITED
12337049
5 subsidiaries
wessex solar management limited directors
Wessex Solar Management Limited currently has 4 directors. The longest serving directors include Mr John Wearmouth (Nov 2019) and Mr Richard Wearmouth (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Wearmouth | England | 40 years | Nov 2019 | - | Director |
| Mr Richard Wearmouth | England | 43 years | Nov 2019 | - | Director |
| Ms Charlotte Blundred | United Kingdom | 41 years | Nov 2019 | - | Director |
| Mr Alan Kerr | England | 58 years | Nov 2019 | - | Director |
P&L
August 2023turnover
1.3m
-13%
operating profit
41.3k
0%
gross margin
55.7%
+7.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.4m
+0.18%
total assets
1.5m
+0.18%
cash
745.5k
+4.37%
net assets
Total assets minus all liabilities
wessex solar management limited company details
company number
12337049
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
35110 - Production of electricity
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
barmoor farm house barmoor, morpeth, northumberland, NE61 6LB
Bank
-
Legal Advisor
-
wessex solar management 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 wessex solar management limited.
wessex solar management 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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wessex solar management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
