sorrel solar ltd
sorrel solar ltd Company Information
Company Number
12613804
Website
-Registered Address
9 park place newdigate road, harefield, middlesex, UB9 6EJ
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
badmore ltd 50%
david peter cramer 50%
sorrel solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £190.3m based on a Turnover of £260.1m and 0.73x industry multiple (adjusted for size and gross margin).
sorrel solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £1.3b based on an EBITDA of £187.3m and a 6.89x industry multiple (adjusted for size and gross margin).
sorrel solar ltd Estimated Valuation
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £58.2m based on Net Assets of £140.5m and 0.41x industry multiple (adjusted for liquidity).
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Sorrel Solar Ltd Overview
Sorrel Solar Ltd is a live company located in middlesex, UB9 6EJ with a Companies House number of 12613804. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in May 2020, it's largest shareholder is badmore ltd with a 50% stake. Sorrel Solar Ltd is a startup, mega sized company, Pomanda has estimated its turnover at £260.1m with unknown growth in recent years.
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Sorrel Solar Ltd Health Check
Pomanda's financial health check has awarded Sorrel Solar Ltd a 4 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
1 Regular
4 Weak
Size
annual sales of £260.1m, make it larger than the average company (£5.9m)
- Sorrel Solar Ltd
£5.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sorrel Solar Ltd
- - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (24%)
- Sorrel Solar Ltd
24% - Industry AVG
Profitability
an operating margin of 72% make it more profitable than the average company (5.7%)
- Sorrel Solar Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (27)
2 - Sorrel Solar Ltd
27 - Industry AVG
Pay Structure
on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)
- Sorrel Solar Ltd
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £130m, this is more efficient (£183.8k)
- Sorrel Solar Ltd
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 197 days, this is later than average (58 days)
- Sorrel Solar Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
- Sorrel Solar Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sorrel Solar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sorrel Solar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (62.3%)
0.4% - Sorrel Solar Ltd
62.3% - Industry AVG
SORREL SOLAR LTD financials
Sorrel Solar Ltd's latest turnover from May 2023 is estimated at £260.1 million and the company has net assets of £140.5 million. According to their latest financial statements, Sorrel Solar Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 1,666 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,666 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 140,988,156 | 257,901 | 160,682 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 35,614 | 32,000 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 141,023,770 | 289,901 | 160,682 |
| total assets | 141,025,436 | 289,901 | 160,682 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 540,467 | 285,283 | 165,441 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 540,467 | 285,283 | 165,441 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,995 | 3,545 | 2,685 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,995 | 3,545 | 2,685 |
| total liabilities | 542,462 | 288,828 | 168,126 |
| net assets | 140,482,974 | 1,073 | -7,444 |
| total shareholders funds | 140,482,974 | 1,073 | -7,444 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 140,733,869 | 129,219 | 160,682 |
| Creditors | 255,184 | 119,842 | 165,441 |
| Accruals and Deferred Income | -1,550 | 860 | 2,685 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| 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 | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
sorrel solar ltd Credit Report and Business Information
Sorrel Solar Ltd Competitor Analysis
Perform a competitor analysis for sorrel solar ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in UB9 area or any other competitors across 12 key performance metrics.
sorrel solar ltd Ownership
SORREL SOLAR LTD group structure
Sorrel Solar Ltd has no subsidiary companies.
Ultimate parent company
SORREL SOLAR LTD
12613804
sorrel solar ltd directors
Sorrel Solar Ltd currently has 2 directors. The longest serving directors include Mr Brendan O'Brien (May 2020) and Mr David Cramer (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendan O'Brien | England | 46 years | May 2020 | - | Director |
| Mr David Cramer | England | 46 years | May 2020 | - | Director |
P&L
May 2023turnover
260.1m
+28327%
operating profit
187.3m
0%
gross margin
13.4%
-3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
140.5m
+130924.42%
total assets
141m
+485.46%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sorrel solar ltd company details
company number
12613804
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
May 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
9 park place newdigate road, harefield, middlesex, UB9 6EJ
accountant
-
auditor
-
sorrel solar 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 sorrel solar ltd.
sorrel solar ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
