myenergi group ltd
myenergi group ltd Company Information
Company Number
14536848
Next Accounts
Feb 2026
Shareholders
lee sutton
alison leahy
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
myenergi pioneer business park, faraday way, stallingborough, lincolnshire, DN41 8FF
Website
myenergi.commyenergi group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYENERGI GROUP LTD at £106.1m based on a Turnover of £55.7m and 1.91x industry multiple (adjusted for size and gross margin).
myenergi group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYENERGI GROUP LTD at £0 based on an EBITDA of £-18.1m and a 7.96x industry multiple (adjusted for size and gross margin).
myenergi group ltd Estimated Valuation
Pomanda estimates the enterprise value of MYENERGI GROUP LTD at £40.2m based on Net Assets of £30.8m and 1.31x industry multiple (adjusted for liquidity).
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Myenergi Group Ltd Overview
Myenergi Group Ltd is a live company located in stallingborough, DN41 8FF with a Companies House number of 14536848. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2022, it's largest shareholder is lee sutton with a 46.2% stake. Myenergi Group Ltd is a startup, large sized company, Pomanda has estimated its turnover at £55.7m with unknown growth in recent years.
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Myenergi Group Ltd Health Check
Pomanda's financial health check has awarded Myenergi Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £55.7m, make it larger than the average company (£19.5m)
£55.7m - Myenergi Group Ltd
£19.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Myenergi Group Ltd
- - Industry AVG
Production
with a gross margin of 20.9%, this company has a higher cost of product (34.9%)
20.9% - Myenergi Group Ltd
34.9% - Industry AVG
Profitability
an operating margin of -40.1% make it less profitable than the average company (4.5%)
-40.1% - Myenergi Group Ltd
4.5% - Industry AVG
Employees
with 339 employees, this is above the industry average (106)
339 - Myenergi Group Ltd
106 - Industry AVG
Pay Structure
on an average salary of £53.2k, the company has an equivalent pay structure (£45.1k)
£53.2k - Myenergi Group Ltd
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £164.2k, this is less efficient (£193.9k)
£164.2k - Myenergi Group Ltd
£193.9k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (45 days)
49 days - Myenergi Group Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (43 days)
39 days - Myenergi Group Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 172 days, this is more than average (37 days)
172 days - Myenergi Group Ltd
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (13 weeks)
63 weeks - Myenergi Group Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.6%, this is a similar level of debt than the average (68.3%)
62.6% - Myenergi Group Ltd
68.3% - Industry AVG
MYENERGI GROUP LTD financials
Myenergi Group Ltd's latest turnover from May 2024 is £55.7 million and the company has net assets of £30.8 million. According to their latest financial statements, Myenergi Group Ltd has 339 employees and maintains cash reserves of £25.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | |
|---|---|---|
| Turnover | 55,657,000 | 67,591,000 |
| Other Income Or Grants | ||
| Cost Of Sales | 44,011,000 | 36,375,000 |
| Gross Profit | 11,646,000 | 31,216,000 |
| Admin Expenses | 33,936,000 | 21,692,000 |
| Operating Profit | -22,290,000 | 9,524,000 |
| Interest Payable | 2,711,000 | 751,000 |
| Interest Receivable | 432,000 | 75,000 |
| Pre-Tax Profit | -24,569,000 | 8,848,000 |
| Tax | -2,486,000 | 972,000 |
| Profit After Tax | -27,055,000 | 9,820,000 |
| Dividends Paid | ||
| Retained Profit | -27,935,000 | 8,763,000 |
| Employee Costs | 18,031,000 | 16,861,000 |
| Number Of Employees | 339 | 445 |
| EBITDA* | -18,089,000 | 12,222,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | |
|---|---|---|
| Tangible Assets | 17,315,000 | 14,271,000 |
| Intangible Assets | 16,861,000 | 13,279,000 |
| Investments & Other | 25,000 | 285,000 |
| Debtors (Due After 1 year) | 381,000 | |
| Total Fixed Assets | 34,176,000 | 27,550,000 |
| Stock & work in progress | 20,756,000 | 41,369,000 |
| Trade Debtors | 7,542,000 | 7,773,000 |
| Group Debtors | ||
| Misc Debtors | 1,664,000 | 3,512,000 |
| Cash | 25,384,000 | 6,289,000 |
| misc current assets | ||
| total current assets | 55,410,000 | 58,943,000 |
| total assets | 89,586,000 | 86,493,000 |
| Bank overdraft | ||
| Bank loan | 7,812,000 | 4,752,000 |
| Trade Creditors | 4,755,000 | 16,682,000 |
| Group/Directors Accounts | ||
| other short term finances | 38,000 | |
| hp & lease commitments | 531,000 | 509,000 |
| other current liabilities | 7,806,000 | 7,799,000 |
| total current liabilities | 20,942,000 | 29,742,000 |
| loans | 62,392,000 | 48,050,000 |
| hp & lease commitments | 1,373,000 | 1,566,000 |
| Accruals and Deferred Income | ||
| other liabilities | 107,000 | 67,000 |
| provisions | 7,662,000 | 2,394,000 |
| total long term liabilities | 35,134,000 | 25,289,000 |
| total liabilities | 56,076,000 | 55,031,000 |
| net assets | 30,805,000 | 29,608,000 |
| total shareholders funds | 30,805,000 | 29,608,000 |
| May 2024 | May 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -22,290,000 | 9,524,000 |
| Depreciation | 2,051,000 | 1,270,000 |
| Amortisation | 2,150,000 | 1,428,000 |
| Tax | -2,486,000 | 972,000 |
| Stock | -20,613,000 | 41,369,000 |
| Debtors | -2,460,000 | 11,666,000 |
| Creditors | -11,927,000 | 16,682,000 |
| Accruals and Deferred Income | 7,000 | 7,799,000 |
| Deferred Taxes & Provisions | 5,268,000 | 2,394,000 |
| Cash flow from operations | -4,154,000 | -12,966,000 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -260,000 | 285,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 3,060,000 | 4,752,000 |
| Group/Directors Accounts | ||
| Other Short Term Loans | 38,000 | |
| Long term loans | 14,342,000 | 48,050,000 |
| Hire Purchase and Lease Commitments | -171,000 | 2,075,000 |
| other long term liabilities | 40,000 | 67,000 |
| share issue | ||
| interest | -2,279,000 | -676,000 |
| cash flow from financing | 44,162,000 | 75,113,000 |
| cash and cash equivalents | ||
| cash | 19,095,000 | 6,289,000 |
| overdraft | ||
| change in cash | 19,095,000 | 6,289,000 |
myenergi group ltd Credit Report and Business Information
Myenergi Group Ltd Competitor Analysis
Perform a competitor analysis for myenergi group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in DN41 area or any other competitors across 12 key performance metrics.
myenergi group ltd Ownership
MYENERGI GROUP LTD group structure
Myenergi Group Ltd has 1 subsidiary company.
myenergi group ltd directors
Myenergi Group Ltd currently has 8 directors. The longest serving directors include Mrs Jordan Brompton (Dec 2022) and Mrs Emma Dutton (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jordan Brompton | England | 35 years | Dec 2022 | - | Director |
| Mrs Emma Dutton | United Kingdom | 50 years | Dec 2022 | - | Director |
| Mr Lee Sutton | England | 48 years | Dec 2022 | - | Director |
| Mr Peter Richardson | England | 61 years | Oct 2023 | - | Director |
| Mr William Currie | England | 63 years | Oct 2023 | - | Director |
| Sir Terrance Leahy | United Kingdom | 69 years | Oct 2023 | - | Director |
| Ms Nazo Moosa | United Kingdom | 55 years | Oct 2023 | - | Director |
| Mr Andrew Clint | England | 53 years | Jan 2025 | - | Director |
P&L
May 2024turnover
55.7m
-18%
operating profit
-22.3m
-334%
gross margin
21%
-54.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
30.8m
+0.04%
total assets
89.6m
+0.04%
cash
25.4m
+3.04%
net assets
Total assets minus all liabilities
Similar Companies
myenergi group ltd company details
company number
14536848
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2022
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
AZETS SERVICES LIMITED
address
myenergi pioneer business park, faraday way, stallingborough, lincolnshire, DN41 8FF
Bank
-
Legal Advisor
-
myenergi group 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 found 1 charges/mortgages relating to myenergi group ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
myenergi group 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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myenergi group ltd Companies House Filings - See Documents
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