Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
9 park place newdigate road, harefield, middlesex, UB9 6EJ
Website
-
sorrel solar ltdEstimated Valuation
£166.8m
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £166.8m based on a Turnover of £262.3m and 0.64x industry multiple (adjusted for size and gross margin).
sorrel solar ltdEstimated Valuation
£1.1b
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £1.1b based on an EBITDA of £187.3m and a 6.11x industry multiple (adjusted for size and gross margin).
sorrel solar ltdEstimated Valuation
£273.1m
Pomanda estimates the enterprise value of SORREL SOLAR LTD at £273.1m based on Net Assets of £140.5m and 1.94x industry multiple (adjusted for liquidity).
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Sorrel Solar LtdOverview
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 young,
mega sized company, Pomanda has estimated its turnover at
£262.3m with
unknown
growth in recent years.
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
Health Rating4out of 5
4 Strong
1 Regular
4 Weak
Size
annual sales of £262.3m, make it larger than the average company (£6.6m)
£262.3m - Sorrel Solar Ltd
£6.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Sorrel Solar Ltd
- - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (25%)
14% - Sorrel Solar Ltd
25% - Industry AVG
Profitability
an operating margin of 71.4% make it more profitable than the average company (6%)
71.4% - Sorrel Solar Ltd
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Sorrel Solar Ltd
28 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
£46.3k - Sorrel Solar Ltd
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £131.2m, this is more efficient (£189.1k)
£131.2m - Sorrel Solar Ltd
£189.1k - Industry AVG
Debtor Days
it gets paid by customers after 196 days, this is later than average (57 days)
196 days - Sorrel Solar Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (39 days)
0 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 (61.5%)
0.4% - Sorrel Solar Ltd
61.5% - Industry AVG
SORREL SOLAR LTD financials
EXPORT
Sorrel Solar Ltd's latest turnover from May 2023 is estimated at £262.3 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
262,307,964
925,002
549,717
Other Income Or Grants
Cost Of Sales
225,692,085
792,957
478,319
Gross Profit
36,615,880
132,044
71,399
Admin Expenses
-150,693,321
121,529
78,843
Operating Profit
187,309,201
10,515
-7,444
Interest Payable
Interest Receivable
Pre-Tax Profit
187,309,201
10,515
-7,444
Tax
-46,827,300
-1,998
Profit After Tax
140,481,901
8,517
-7,444
Dividends Paid
Retained Profit
140,481,901
8,517
-7,444
Employee Costs
92,513
87,159
83,900
Number Of Employees
2
2
2
EBITDA*
187,309,201
10,515
-7,444
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
Tangible Assets
1,666
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,666
Stock & work in progress
Trade Debtors
140,988,156
257,901
160,682
Group Debtors
Misc Debtors
35,614
32,000
Cash
misc current assets
total current assets
141,023,770
289,901
160,682
total assets
141,025,436
289,901
160,682
Bank overdraft
Bank loan
Trade Creditors
540,467
285,283
165,441
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
540,467
285,283
165,441
loans
hp & lease commitments
Accruals and Deferred Income
1,995
3,545
2,685
other liabilities
provisions
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
187,309,201
10,515
-7,444
Depreciation
Amortisation
Tax
-46,827,300
-1,998
Stock
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
Cash flow from operations
1,666
Investing Activities
capital expenditure
-1,666
Change in Investments
cash flow from investments
-1,666
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
sorrel solar 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 sorrel solar ltd. Get real-time insights into sorrel solar ltd's credit score, group structure and payment trends.
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 Shareholders
The largest shareholders in Sorrel Solar Ltd include Badmore Ltd and David Peter Cramer.
badmore ltd
50%
david peter cramer
50%
sorrel solar ltd directors
Sorrel Solar Ltd currently has 2 directors.
The longest serving directors include
Mr David Cramer (May 2020) and
Mr Brendan O'Brien (May 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023
net assets
140.5m
+130924.42%
total assets
141m
+485.46%
cash
0
0%
net assets
Total assets minus all liabilities
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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
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
9 park place newdigate road, harefield, middlesex, UB9 6EJ
Bank
-
Legal Advisor
-
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 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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sorrel solar ltdCompanies House Filings - See Documents
