renewable energy systems (northern ireland) limited
renewable energy systems (northern ireland) limited Company Information
Company Number
NI026799
Website
http://res-group.comRegistered Address
units c1 &c2, willowbank business park, millbrook industrial estate, larne, BT40 2SF
Industry
Other business support service activities n.e.c.
Telephone
02828440580
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
res uk & ireland ltd 100%
renewable energy systems (northern ireland) limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED at £0 based on a Turnover of £0 and 0.56x industry multiple (adjusted for size and gross margin).
renewable energy systems (northern ireland) limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED at £0 based on an EBITDA of £-7k and a 4.46x industry multiple (adjusted for size and gross margin).
renewable energy systems (northern ireland) limited Estimated Valuation
Pomanda estimates the enterprise value of RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED at £1.2m based on Net Assets of £450k and 2.57x industry multiple (adjusted for liquidity).
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Renewable Energy Systems (northern Ireland) Limited Overview
Renewable Energy Systems (northern Ireland) Limited is a live company located in millbrook industrial estate, BT40 2SF with a Companies House number of NI026799. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 1992, it's largest shareholder is res uk & ireland ltd with a 100% stake. Renewable Energy Systems (northern Ireland) Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Renewable Energy Systems (northern Ireland) Limited Health Check
Pomanda's financial health check has awarded Renewable Energy Systems (Northern Ireland) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (2.4%)
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
- Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 230 weeks, this is more cash available to meet short term requirements (27 weeks)
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.5%, this is a lower level of debt than the average (63%)
- - Renewable Energy Systems (northern Ireland) Limited
- - Industry AVG
RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED financials
Renewable Energy Systems (Northern Ireland) Limited's latest turnover from October 2022 is 0 and the company has net assets of £450 thousand. According to their latest financial statements, we estimate that Renewable Energy Systems (Northern Ireland) Limited has 1 employee and maintains cash reserves of £31 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 2,834,000 | 11,278,000 | 441,000 | 0 | 9,000 | 69,000 | 180,000 | 40,000 | 344,000 | 379,000 | 528,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 2,971,000 | 11,280,000 | 441,000 | 0 | 0 | 0 | ||||||||
| Gross Profit | -137,000 | -2,000 | 0 | 0 | 69,000 | 528,000 | ||||||||
| Admin Expenses | 24,000 | -88,000 | 0 | 7,000 | 0 | 5,000 | ||||||||
| Operating Profit | -7,000 | 19,000 | -17,000 | -161,000 | 86,000 | 0 | -7,000 | 7,000 | 69,000 | 180,000 | 37,000 | 348,000 | 373,000 | 523,000 |
| Interest Payable | 0 | 0 | 115,000 | 0 | 17,000 | 0 | 0 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 12,000 | 8,000 | 11,000 | 0 | 0 | 0 | 0 | 1,000 | 3,000 | 626,000 | 24,000 | 2,072,000 | 42,000 | 53,000 |
| Pre-Tax Profit | 5,000 | 27,000 | -121,000 | -161,000 | 71,000 | 6,000 | 4,000 | 18,000 | 69,000 | 806,000 | 61,000 | 2,420,000 | 415,000 | 576,000 |
| Tax | 0 | 0 | 0 | 0 | -13,000 | -1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 5,000 | 27,000 | -121,000 | -161,000 | 58,000 | 5,000 | 4,000 | 18,000 | 69,000 | 806,000 | 61,000 | 2,420,000 | 415,000 | 576,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000,000 | 0 | 5,000,000 | 0 | 0 |
| Retained Profit | 5,000 | 27,000 | -121,000 | -161,000 | 58,000 | 5,000 | 4,000 | 18,000 | 69,000 | -1,194,000 | 61,000 | -2,580,000 | 415,000 | 576,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | ||||||||||||||
| EBITDA* | -7,000 | 19,000 | -17,000 | -161,000 | 86,000 | 0 | -7,000 | 7,000 | 69,000 | 180,000 | 37,000 | 348,000 | 373,000 | 523,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 426,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 426,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,000 | 0 | 81,000 | 13,000 | 96,000 | 34,000 | 8,000 |
| Group Debtors | 0 | 413,000 | 413,000 | 1,903,000 | 2,820,000 | 289,000 | 564,000 | 553,000 | 0 | 0 | 1,327,000 | 1,570,000 | 3,720,000 | 1,944,000 |
| Misc Debtors | 0 | 0 | 0 | 4,000 | 313,000 | 2,348,000 | 0 | 0 | 54,000 | 118,000 | 113,000 | 23,000 | 24,000 | 32,000 |
| Cash | 31,000 | 39,000 | 13,000 | 7,000 | 26,000 | 0 | 84,000 | 73,000 | 745,000 | 545,000 | 306,000 | 2,000 | 549,000 | 1,926,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,000 | 452,000 | 426,000 | 1,914,000 | 3,159,000 | 2,637,000 | 648,000 | 650,000 | 799,000 | 744,000 | 1,759,000 | 1,691,000 | 4,327,000 | 3,910,000 |
| total assets | 457,000 | 452,000 | 426,000 | 1,914,000 | 3,159,000 | 2,637,000 | 648,000 | 650,000 | 799,000 | 744,000 | 1,759,000 | 1,691,000 | 4,327,000 | 3,910,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,341,000 | 1,358,000 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 28,000 | 16,000 | 1,966,000 | 0 | 0 | 177,000 | 173,000 | 0 | 0 | 7,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,000 | 7,000 | 8,000 | 6,000 | 1,085,000 | 5,000 | 7,000 | 17,000 | 7,000 | 25,000 | 19,000 | 12,000 | 61,000 | 66,000 |
| total current liabilities | 7,000 | 7,000 | 8,000 | 1,375,000 | 2,459,000 | 1,995,000 | 11,000 | 17,000 | 184,000 | 198,000 | 19,000 | 12,000 | 68,000 | 66,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,000 | 7,000 | 8,000 | 1,375,000 | 2,459,000 | 1,995,000 | 11,000 | 17,000 | 184,000 | 198,000 | 19,000 | 12,000 | 68,000 | 66,000 |
| net assets | 450,000 | 445,000 | 418,000 | 539,000 | 700,000 | 642,000 | 637,000 | 633,000 | 615,000 | 546,000 | 1,740,000 | 1,679,000 | 4,259,000 | 3,844,000 |
| total shareholders funds | 450,000 | 445,000 | 418,000 | 539,000 | 700,000 | 642,000 | 637,000 | 633,000 | 615,000 | 546,000 | 1,740,000 | 1,679,000 | 4,259,000 | 3,844,000 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -7,000 | 19,000 | -17,000 | -161,000 | 86,000 | 0 | -7,000 | 7,000 | 69,000 | 180,000 | 37,000 | 348,000 | 373,000 | 523,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -13,000 | -1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 13,000 | 0 | -1,494,000 | -1,226,000 | 496,000 | 2,073,000 | -13,000 | 523,000 | -145,000 | -1,254,000 | -236,000 | -2,089,000 | 1,794,000 | 1,984,000 |
| Creditors | 0 | 0 | -1,341,000 | -17,000 | 1,358,000 | -4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -1,000 | 2,000 | -1,079,000 | 1,080,000 | -2,000 | -10,000 | 10,000 | -18,000 | 6,000 | 7,000 | -49,000 | -5,000 | 66,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -20,000 | 18,000 | 138,000 | -31,000 | 2,015,000 | -2,080,000 | 0 | -506,000 | 196,000 | 1,440,000 | 280,000 | 2,388,000 | -1,426,000 | -1,395,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -28,000 | 12,000 | -1,950,000 | 1,966,000 | 0 | -177,000 | 4,000 | 173,000 | 0 | -7,000 | 7,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 12,000 | 8,000 | -104,000 | 0 | -17,000 | 0 | 0 | 1,000 | 0 | 626,000 | 24,000 | 2,072,000 | 42,000 | 53,000 |
| cash flow from financing | 12,000 | 8,000 | -132,000 | 12,000 | -1,967,000 | 1,966,000 | 0 | -176,000 | 4,000 | 799,000 | 24,000 | 2,065,000 | 49,000 | 3,321,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -8,000 | 26,000 | 6,000 | -19,000 | 26,000 | -84,000 | 11,000 | -672,000 | 200,000 | 239,000 | 304,000 | -547,000 | -1,377,000 | 1,926,000 |
| overdraft | 0 | 0 | 0 | 0 | -24,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,000 | 26,000 | 6,000 | -19,000 | 50,000 | -108,000 | 11,000 | -672,000 | 200,000 | 239,000 | 304,000 | -547,000 | -1,377,000 | 1,926,000 |
renewable energy systems (northern ireland) limited Credit Report and Business Information
Renewable Energy Systems (northern Ireland) Limited Competitor Analysis
Perform a competitor analysis for renewable energy systems (northern ireland) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
renewable energy systems (northern ireland) limited Ownership
RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED group structure
Renewable Energy Systems (Northern Ireland) Limited has no subsidiary companies.
Ultimate parent company
2 parents
RENEWABLE ENERGY SYSTEMS (NORTHERN IRELAND) LIMITED
NI026799
renewable energy systems (northern ireland) limited directors
Renewable Energy Systems (Northern Ireland) Limited currently has 2 directors. The longest serving directors include Ms Rachel Ruffle (Jun 2009) and Mr Henrik Brandt (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rachel Ruffle | 57 years | Jun 2009 | - | Director | |
| Mr Henrik Brandt | United Kingdom | 43 years | Apr 2024 | - | Director |
P&L
October 2022turnover
0
0%
operating profit
-7k
-137%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
450k
+0.01%
total assets
457k
+0.01%
cash
31k
-0.21%
net assets
Total assets minus all liabilities
Similar Companies
renewable energy systems (northern ireland) limited company details
company number
NI026799
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 1992
age
32
accounts
Full Accounts
ultimate parent company
previous names
b9 energy services limited (August 1992)
incorporated
UK
address
units c1 &c2, willowbank business park, millbrook industrial estate, larne, BT40 2SF
last accounts submitted
October 2022
renewable energy systems (northern ireland) 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 found 8 charges/mortgages relating to renewable energy systems (northern ireland) limited. Currently there are 0 open charges and 8 have been satisfied in the past.
renewable energy systems (northern ireland) limited Companies House Filings - See Documents
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