thanet solar 2 limited

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thanet solar 2 limited Company Information

Share THANET SOLAR 2 LIMITED

Company Number

13134849

Directors

Gary Lever

Steven Turner

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Shareholders

unlimited green energy corporation limited

Group Structure

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Industry

Development of building projects

 

Registered Address

189-193 earls court road, london, SW5 9AN

Website

-

thanet solar 2 limited Estimated Valuation

£34.2k

Pomanda estimates the enterprise value of THANET SOLAR 2 LIMITED at £34.2k based on a Turnover of £105.7k and 0.32x industry multiple (adjusted for size and gross margin).

thanet solar 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THANET SOLAR 2 LIMITED at £0 based on an EBITDA of £-3.6k and a 2.56x industry multiple (adjusted for size and gross margin).

thanet solar 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THANET SOLAR 2 LIMITED at £0 based on Net Assets of £-29.6k and 1.41x industry multiple (adjusted for liquidity).

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Thanet Solar 2 Limited Overview

Thanet Solar 2 Limited is a live company located in london, SW5 9AN with a Companies House number of 13134849. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2021, it's largest shareholder is unlimited green energy corporation limited with a 100% stake. Thanet Solar 2 Limited is a startup, micro sized company, Pomanda has estimated its turnover at £105.7k with unknown growth in recent years.

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Thanet Solar 2 Limited Health Check

Pomanda's financial health check has awarded Thanet Solar 2 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £105.7k, make it smaller than the average company (£2.5m)

£105.7k - Thanet Solar 2 Limited

£2.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Thanet Solar 2 Limited

- - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (27.1%)

9.8% - Thanet Solar 2 Limited

27.1% - Industry AVG

profitability

Profitability

an operating margin of -3.4% make it less profitable than the average company (7%)

-3.4% - Thanet Solar 2 Limited

7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (7)

4 - Thanet Solar 2 Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)

£48.2k - Thanet Solar 2 Limited

£48.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.4k, this is less efficient (£290.3k)

£26.4k - Thanet Solar 2 Limited

£290.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (28 days)

1 days - Thanet Solar 2 Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (31 days)

10 days - Thanet Solar 2 Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Thanet Solar 2 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Thanet Solar 2 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5203.8%, this is a higher level of debt than the average (73.5%)

5203.8% - Thanet Solar 2 Limited

73.5% - Industry AVG

THANET SOLAR 2 LIMITED financials

EXPORTms excel logo

Thanet Solar 2 Limited's latest turnover from December 2023 is estimated at £105.7 thousand and the company has net assets of -£29.6 thousand. According to their latest financial statements, Thanet Solar 2 Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Jan 2022
Turnover105,676141,01424,336
Other Income Or Grants
Cost Of Sales95,276126,96222,140
Gross Profit10,40014,0522,197
Admin Expenses14,04840,0062,696
Operating Profit-3,648-25,954-499
Interest Payable
Interest Receivable
Pre-Tax Profit-3,648-25,954-499
Tax
Profit After Tax-3,648-25,954-499
Dividends Paid
Retained Profit-3,648-25,954-499
Employee Costs192,77546,15644,257
Number Of Employees411
EBITDA*-3,648-25,954-499

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Jan 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors31364,7561
Group Debtors
Misc Debtors26740
Cash
misc current assets
total current assets58064,7961
total assets58064,7961
Bank overdraft
Bank loan
Trade Creditors 2,806750500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,806750500
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities27,37690,000
provisions
total long term liabilities27,37690,000
total liabilities30,18290,750500
net assets-29,602-25,954-499
total shareholders funds-29,602-25,954-499
Dec 2023Dec 2022Jan 2022
Operating Activities
Operating Profit-3,648-25,954-499
Depreciation
Amortisation
Tax
Stock
Debtors-64,21664,7961
Creditors2,056750500
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations62,624-90,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-62,62490,000
share issue
interest
cash flow from financing-62,62490,000
cash and cash equivalents
cash
overdraft
change in cash

thanet solar 2 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Thanet Solar 2 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for thanet solar 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SW5 area or any other competitors across 12 key performance metrics.

thanet solar 2 limited Ownership

THANET SOLAR 2 LIMITED group structure

Thanet Solar 2 Limited has no subsidiary companies.

Ultimate parent company

2 parents

THANET SOLAR 2 LIMITED

13134849

THANET SOLAR 2 LIMITED Shareholders

unlimited green energy corporation limited 100%

thanet solar 2 limited directors

Thanet Solar 2 Limited currently has 5 directors. The longest serving directors include Mr Gary Lever (Apr 2021) and Mr Steven Turner (Mar 2022).

officercountryagestartendrole
Mr Gary LeverEngland70 years Apr 2021- Director
Mr Steven TurnerUnited Kingdom45 years Mar 2022- Director
Mr Andrew RichardsUnited Kingdom62 years Apr 2022- Director
Mr Paul Manning64 years Apr 2022- Director
Mr Andrew RichardsUnited Kingdom62 years Apr 2022- Director

P&L

December 2023

turnover

105.7k

-25%

operating profit

-3.6k

0%

gross margin

9.9%

-1.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-29.6k

+0.14%

total assets

580

-0.99%

cash

0

0%

net assets

Total assets minus all liabilities

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thanet solar 2 limited company details

company number

13134849

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

January 2021

age

4

incorporated

UK

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

mckean mckenna limited (April 2021)

accountant

TERRY PROSSER ACCOUNTING SOLUTIONS LIMITED

auditor

-

address

189-193 earls court road, london, SW5 9AN

Bank

-

Legal Advisor

-

thanet solar 2 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 thanet solar 2 limited.

thanet solar 2 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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thanet solar 2 limited Companies House Filings - See Documents

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