renew energies limited

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renew energies limited Company Information

Share RENEW ENERGIES LIMITED

Company Number

13597380

Shareholders

michael james pardoe

graham michael barr

Group Structure

View All

Industry

Other construction installation

 

Registered Address

unit 10 broughton way, whitehills business park, blackpool, lancashire, FY4 5QN

Website

-

renew energies limited Estimated Valuation

£408.7k

Pomanda estimates the enterprise value of RENEW ENERGIES LIMITED at £408.7k based on a Turnover of £963.5k and 0.42x industry multiple (adjusted for size and gross margin).

renew energies limited Estimated Valuation

£331.6k

Pomanda estimates the enterprise value of RENEW ENERGIES LIMITED at £331.6k based on an EBITDA of £82.7k and a 4.01x industry multiple (adjusted for size and gross margin).

renew energies limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RENEW ENERGIES LIMITED at £0 based on Net Assets of £-77.6k and 3.06x industry multiple (adjusted for liquidity).

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Renew Energies Limited Overview

Renew Energies Limited is a live company located in blackpool, FY4 5QN with a Companies House number of 13597380. It operates in the other construction installation sector, SIC Code 43290. Founded in September 2021, it's largest shareholder is michael james pardoe with a 50% stake. Renew Energies Limited is a startup, small sized company, Pomanda has estimated its turnover at £963.5k with unknown growth in recent years.

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Renew Energies Limited Health Check

Pomanda's financial health check has awarded Renew Energies Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £963.5k, make it smaller than the average company (£1.2m)

£963.5k - Renew Energies Limited

£1.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Renew Energies Limited

- - Industry AVG

production

Production

with a gross margin of 27.5%, this company has a comparable cost of product (27.5%)

27.5% - Renew Energies Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (5.7%)

3.2% - Renew Energies Limited

5.7% - Industry AVG

employees

Employees

with 19 employees, this is above the industry average (8)

19 - Renew Energies Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)

£42.2k - Renew Energies Limited

£42.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.7k, this is less efficient (£179.5k)

£50.7k - Renew Energies Limited

£179.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (55 days)

17 days - Renew Energies Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (41 days)

6 days - Renew Energies Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Renew Energies Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (23 weeks)

2 weeks - Renew Energies Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 129.4%, this is a higher level of debt than the average (61.3%)

129.4% - Renew Energies Limited

61.3% - Industry AVG

RENEW ENERGIES LIMITED financials

EXPORTms excel logo

Renew Energies Limited's latest turnover from September 2023 is estimated at £963.5 thousand and the company has net assets of -£77.6 thousand. According to their latest financial statements, Renew Energies Limited has 19 employees and maintains cash reserves of £13.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022
Turnover963,519649,303
Other Income Or Grants
Cost Of Sales698,711473,990
Gross Profit264,807175,313
Admin Expenses233,880277,623
Operating Profit30,927-102,310
Interest Payable
Interest Receivable1,395447
Pre-Tax Profit32,323-101,863
Tax-8,081
Profit After Tax24,242-101,863
Dividends Paid
Retained Profit24,242-101,863
Employee Costs802,409609,839
Number Of Employees1915
EBITDA*82,688-81,225

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022
Tangible Assets154,71963,254
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets154,71963,254
Stock & work in progress
Trade Debtors46,50614,894
Group Debtors
Misc Debtors49,89841,678
Cash13,38239,777
misc current assets
total current assets109,78696,349
total assets264,505159,603
Bank overdraft
Bank loan
Trade Creditors 12,0316,230
Group/Directors Accounts
other short term finances
hp & lease commitments148,7095,412
other current liabilities172,841235,868
total current liabilities333,581247,510
loans
hp & lease commitments8,54513,956
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities8,54513,956
total liabilities342,126261,466
net assets-77,621-101,863
total shareholders funds-77,621-101,863
Sep 2023Sep 2022
Operating Activities
Operating Profit30,927-102,310
Depreciation51,76121,085
Amortisation
Tax-8,081
Stock
Debtors39,83256,572
Creditors5,8016,230
Accruals and Deferred Income-63,027235,868
Deferred Taxes & Provisions
Cash flow from operations-22,451104,301
Investing Activities
capital expenditure-143,226-84,339
Change in Investments
cash flow from investments-143,226-84,339
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments137,88619,368
other long term liabilities
share issue
interest1,395447
cash flow from financing139,28119,815
cash and cash equivalents
cash-26,39539,777
overdraft
change in cash-26,39539,777

renew energies 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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Renew Energies Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for renew energies limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in FY4 area or any other competitors across 12 key performance metrics.

renew energies limited Ownership

RENEW ENERGIES LIMITED group structure

Renew Energies Limited has no subsidiary companies.

Ultimate parent company

RENEW ENERGIES LIMITED

13597380

RENEW ENERGIES LIMITED Shareholders

michael james pardoe 50%
graham michael barr 50%

renew energies limited directors

Renew Energies Limited currently has 2 directors. The longest serving directors include Mr Graham Barr (Jul 2024) and Mr Michael Pardoe (Jul 2024).

officercountryagestartendrole
Mr Graham BarrEngland45 years Jul 2024- Director
Mr Michael PardoeEngland45 years Jul 2024- Director

P&L

September 2023

turnover

963.5k

+48%

operating profit

30.9k

0%

gross margin

27.5%

+1.79%

turnover

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

Balance Sheet

September 2023

net assets

-77.6k

-0.24%

total assets

264.5k

+0.66%

cash

13.4k

-0.66%

net assets

Total assets minus all liabilities

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renew energies limited company details

company number

13597380

Type

Private limited with Share Capital

industry

43290 - Other construction installation

incorporation date

September 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

CROSSLEY & DAVIS

auditor

-

address

unit 10 broughton way, whitehills business park, blackpool, lancashire, FY4 5QN

Bank

-

Legal Advisor

-

renew energies 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 renew energies limited.

renew energies 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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renew energies limited Companies House Filings - See Documents

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