siriusecodev (minety) ltd

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siriusecodev (minety) ltd Company Information

Share SIRIUSECODEV (MINETY) LTD

Company Number

14552227

Shareholders

sirius renewable energy (investments) ltd

ecodev group ltd

Group Structure

View All

Industry

Production of electricity

 

Registered Address

russel house mill road, langley moor, durham, DH7 8HJ

Website

-

siriusecodev (minety) ltd Estimated Valuation

£725k

Pomanda estimates the enterprise value of SIRIUSECODEV (MINETY) LTD at £725k based on a Turnover of £503.6k and 1.44x industry multiple (adjusted for size and gross margin).

siriusecodev (minety) ltd Estimated Valuation

£218

Pomanda estimates the enterprise value of SIRIUSECODEV (MINETY) LTD at £218 based on an EBITDA of £53 and a 4.09x industry multiple (adjusted for size and gross margin).

siriusecodev (minety) ltd Estimated Valuation

£105

Pomanda estimates the enterprise value of SIRIUSECODEV (MINETY) LTD at £105 based on Net Assets of £40 and 2.63x industry multiple (adjusted for liquidity).

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Siriusecodev (minety) Ltd Overview

Siriusecodev (minety) Ltd is a live company located in durham, DH7 8HJ with a Companies House number of 14552227. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2022, it's largest shareholder is sirius renewable energy (investments) ltd with a 50% stake. Siriusecodev (minety) Ltd is a startup, small sized company, Pomanda has estimated its turnover at £503.6k with unknown growth in recent years.

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Siriusecodev (minety) Ltd Health Check

Pomanda's financial health check has awarded Siriusecodev (Minety) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £503.6k, make it smaller than the average company (£1.8m)

£503.6k - Siriusecodev (minety) Ltd

£1.8m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Siriusecodev (minety) Ltd

- - Industry AVG

production

Production

with a gross margin of 50.1%, this company has a higher cost of product (71%)

50.1% - Siriusecodev (minety) Ltd

71% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (51.1%)

0% - Siriusecodev (minety) Ltd

51.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Siriusecodev (minety) Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)

£78.6k - Siriusecodev (minety) Ltd

£78.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £503.6k, this is equally as efficient (£449.7k)

£503.6k - Siriusecodev (minety) Ltd

£449.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (16 days)

50 days - Siriusecodev (minety) Ltd

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (21 days)

101 days - Siriusecodev (minety) Ltd

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Siriusecodev (minety) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Siriusecodev (minety) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (90%)

99.9% - Siriusecodev (minety) Ltd

90% - Industry AVG

SIRIUSECODEV (MINETY) LTD financials

EXPORTms excel logo

Siriusecodev (Minety) Ltd's latest turnover from December 2023 is estimated at £503.6 thousand and the company has net assets of £40. According to their latest financial statements, we estimate that Siriusecodev (Minety) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023
Turnover503,581
Other Income Or Grants
Cost Of Sales251,412
Gross Profit252,169
Admin Expenses252,116
Operating Profit53
Interest Payable
Interest Receivable
Pre-Tax Profit53
Tax-13
Profit After Tax40
Dividends Paid
Retained Profit40
Employee Costs78,586
Number Of Employees1
EBITDA*53

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors70,038
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets70,038
total assets70,038
Bank overdraft
Bank loan
Trade Creditors 69,998
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities69,998
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities69,998
net assets40
total shareholders funds40
Dec 2023
Operating Activities
Operating Profit53
Depreciation
Amortisation
Tax-13
Stock
Debtors70,038
Creditors69,998
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
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
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

siriusecodev (minety) ltd 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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Siriusecodev (minety) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for siriusecodev (minety) ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in DH7 area or any other competitors across 12 key performance metrics.

siriusecodev (minety) ltd Ownership

SIRIUSECODEV (MINETY) LTD group structure

Siriusecodev (Minety) Ltd has no subsidiary companies.

Ultimate parent company

SIRIUSECODEV (MINETY) LTD

14552227

SIRIUSECODEV (MINETY) LTD Shareholders

sirius renewable energy (investments) ltd 50%
ecodev group ltd 50%

siriusecodev (minety) ltd directors

Siriusecodev (Minety) Ltd currently has 2 directors. The longest serving directors include Mr Nick Davies (Dec 2022) and Mr Giles White (Feb 2025).

officercountryagestartendrole
Mr Nick Davies57 years Dec 2022- Director
Mr Giles WhiteEngland49 years Feb 2025- Director

P&L

December 2023

turnover

503.6k

0%

operating profit

53.3

0%

gross margin

50.1%

0%

turnover

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

Balance Sheet

December 2023

net assets

40

0%

total assets

70k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

siriusecodev (minety) ltd company details

company number

14552227

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

December 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

russel house mill road, langley moor, durham, DH7 8HJ

Bank

-

Legal Advisor

-

siriusecodev (minety) 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 siriusecodev (minety) ltd.

siriusecodev (minety) 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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siriusecodev (minety) ltd Companies House Filings - See Documents

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