Pomanda estimates the enterprise value of FUTURE POWER NE LTD at £1.1m based on a Turnover of £2.5m and 0.43x industry multiple (adjusted for size and gross margin).
future power ne ltdEstimated Valuation
£61.1k
Pomanda estimates the enterprise value of FUTURE POWER NE LTD at £61.1k based on an EBITDA of £16.2k and a 3.77x industry multiple (adjusted for size and gross margin).
future power ne ltdEstimated Valuation
£263.6k
Pomanda estimates the enterprise value of FUTURE POWER NE LTD at £263.6k based on Net Assets of £120k and 2.2x industry multiple (adjusted for liquidity).
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Future Power Ne LtdOverview
Future Power Ne Ltd is a live company located in south shields, NE33 5QU with a Companies House number of 12527734. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in March 2020, it's largest shareholder is
boardwalk holdings ltd
with a 100% stake. Future Power Ne Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Future Power Ne Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£19.5m)
£2.5m - Future Power Ne Ltd
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (7.5%)
33% - Future Power Ne Ltd
7.5% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
27.6% - Future Power Ne Ltd
27.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
0% - Future Power Ne Ltd
5.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (63)
9 - Future Power Ne Ltd
63 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
£43.4k - Future Power Ne Ltd
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £276k, this is less efficient (£339.4k)
£276k - Future Power Ne Ltd
£339.4k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (53 days)
55 days - Future Power Ne Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (41 days)
53 days - Future Power Ne Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Future Power Ne Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (14 weeks)
14 weeks - Future Power Ne Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.8%, this is a higher level of debt than the average (48.7%)
81.8% - Future Power Ne Ltd
48.7% - Industry AVG
FUTURE POWER NE LTD financials
EXPORT
Future Power Ne Ltd's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of £120 thousand. According to their latest financial statements, Future Power Ne Ltd has 9 employees and maintains cash reserves of £128.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
2,483,852
1,896,444
1,460,662
1,053,817
Other Income Or Grants
Cost Of Sales
1,797,640
1,377,627
1,079,886
780,527
Gross Profit
686,212
518,817
380,776
273,290
Admin Expenses
686,993
488,026
320,985
226,210
Operating Profit
-781
30,791
59,791
47,080
Interest Payable
Interest Receivable
7,064
4,221
281
62
Pre-Tax Profit
6,283
35,012
60,072
47,142
Tax
-1,571
-6,652
-11,414
-8,957
Profit After Tax
4,712
28,360
48,658
38,185
Dividends Paid
Retained Profit
4,712
28,360
48,658
38,185
Employee Costs
390,646
290,250
231,833
181,152
Number Of Employees
9
7
6
5
EBITDA*
16,207
36,864
66,404
58,199
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
115,071
17,841
20,730
19,531
Intangible Assets
11,764
13,574
15,384
17,194
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
126,835
31,415
36,114
36,725
Stock & work in progress
91,796
124,187
70,321
Trade Debtors
377,886
305,717
223,664
145,308
Group Debtors
100
Misc Debtors
24,116
48,526
24,980
3,364
Cash
128,641
140,470
100,735
123,796
misc current assets
total current assets
530,743
586,509
473,566
342,789
total assets
657,578
617,924
509,680
379,514
Bank overdraft
Bank loan
Trade Creditors
262,627
429,432
348,547
269,008
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
196,350
68,729
69,708
65,028
total current liabilities
458,977
498,161
418,255
334,036
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
67,786
1,567
3,482
provisions
10,800
4,460
2,915
3,711
total long term liabilities
78,586
4,460
4,482
7,193
total liabilities
537,563
502,621
422,737
341,229
net assets
120,015
115,303
86,943
38,285
total shareholders funds
120,015
115,303
86,943
38,285
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
-781
30,791
59,791
47,080
Depreciation
15,178
4,263
4,803
10,214
Amortisation
1,810
1,810
1,810
905
Tax
-1,571
-6,652
-11,414
-8,957
Stock
-91,796
-32,391
53,866
70,321
Debtors
47,859
105,599
99,972
148,672
Creditors
-166,805
80,885
79,539
269,008
Accruals and Deferred Income
127,621
-979
4,680
65,028
Deferred Taxes & Provisions
6,340
1,545
-796
3,711
Cash flow from operations
25,729
38,455
-15,425
167,996
Investing Activities
capital expenditure
-112,408
-1,374
-6,002
-47,844
Change in Investments
cash flow from investments
-112,408
-1,374
-6,002
-47,844
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
67,786
-1,567
-1,915
3,482
share issue
100
interest
7,064
4,221
281
62
cash flow from financing
74,850
2,654
-1,634
3,644
cash and cash equivalents
cash
-11,829
39,735
-23,061
123,796
overdraft
change in cash
-11,829
39,735
-23,061
123,796
future power ne ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for future power ne ltd. Get real-time insights into future power ne ltd's credit score, group structure and payment trends.
Perform a competitor analysis for future power ne ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NE33 area or any other competitors across 12 key performance metrics.
future power ne ltd Ownership
FUTURE POWER NE LTD group structure
Future Power Ne Ltd has no subsidiary companies.
Ultimate parent company
FUTURE POWER NE LTD
12527734
FUTURE POWER NE LTD Shareholders
The sole shareholder of Future Power Ne Ltd is Boardwalk Holdings Ltd.
boardwalk holdings ltd
100%
future power ne ltd directors
Future Power Ne Ltd currently has 2 directors.
The longest serving directors include
Mr Christopher Bruce (Apr 2020) and
Mr Anthony Rutherford (Sep 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
120k
+0.04%
total assets
657.6k
+0.06%
cash
128.6k
-0.08%
net assets
Total assets minus all liabilities
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future power ne ltd company details
company number
12527734
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
php renewables ltd (October 2023)
plumb heat parts ltd (January 2023)
accountant
-
auditor
-
address
2c, western approach industrial esta, south shields, tyne & wear, NE33 5QU
Bank
-
Legal Advisor
-
future power ne ltd 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 future power ne ltd.
future power ne ltd 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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future power ne ltdCompanies House Filings - See Documents
