renewables ireland limited

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renewables ireland limited Company Information

Share RENEWABLES IRELAND LIMITED
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Company Number

NI046490

Registered Address

c/o hill vellacott, chamber of commerce house, 22 great victoria street, belfast, BT2 7BA

Industry

Other personal service activities n.e.c.

 

Telephone

02893344488

Next Accounts Due

September 2025

Group Structure

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Directors

Robert Misselbrook20 Years

Anthony Gordon20 Years

View All

Shareholders

antony howard fleetwood gordon 50%

robert graham clive misselbrook 50%

renewables ireland limited Estimated Valuation

£322k

Pomanda estimates the enterprise value of RENEWABLES IRELAND LIMITED at £322k based on a Turnover of £484.8k and 0.66x industry multiple (adjusted for size and gross margin).

renewables ireland limited Estimated Valuation

£252.6k

Pomanda estimates the enterprise value of RENEWABLES IRELAND LIMITED at £252.6k based on an EBITDA of £58.3k and a 4.33x industry multiple (adjusted for size and gross margin).

renewables ireland limited Estimated Valuation

£88.2k

Pomanda estimates the enterprise value of RENEWABLES IRELAND LIMITED at £88.2k based on Net Assets of £43.4k and 2.03x industry multiple (adjusted for liquidity).

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Renewables Ireland Limited Overview

Renewables Ireland Limited is a live company located in 22 great victoria street, BT2 7BA with a Companies House number of NI046490. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2003, it's largest shareholder is antony howard fleetwood gordon with a 50% stake. Renewables Ireland Limited is a mature, micro sized company, Pomanda has estimated its turnover at £484.8k with rapid growth in recent years.

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Renewables Ireland Limited Health Check

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £484.8k, make it smaller than the average company (£1.1m)

£484.8k - Renewables Ireland Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 133%, show it is growing at a faster rate (7.7%)

133% - Renewables Ireland Limited

7.7% - Industry AVG

production

Production

with a gross margin of 42.4%, this company has a comparable cost of product (42.4%)

42.4% - Renewables Ireland Limited

42.4% - Industry AVG

profitability

Profitability

an operating margin of 8.9% make it more profitable than the average company (6.5%)

8.9% - Renewables Ireland Limited

6.5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (15)

6 - Renewables Ireland Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)

£33.3k - Renewables Ireland Limited

£33.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.8k, this is less efficient (£99.9k)

£80.8k - Renewables Ireland Limited

£99.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is later than average (29 days)

39 days - Renewables Ireland Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (41 days)

11 days - Renewables Ireland Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Renewables Ireland Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (41 weeks)

18 weeks - Renewables Ireland Limited

41 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.2%, this is a higher level of debt than the average (46.2%)

84.2% - Renewables Ireland Limited

46.2% - Industry AVG

RENEWABLES IRELAND LIMITED financials

EXPORTms excel logo

Renewables Ireland Limited's latest turnover from December 2023 is estimated at £484.8 thousand and the company has net assets of £43.4 thousand. According to their latest financial statements, Renewables Ireland Limited has 6 employees and maintains cash reserves of £82 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover484,759173,293209,59538,45374,650158,508172,529293,623182,09995,829137,279100,900251,708328,9420
Other Income Or Grants000000000000000
Cost Of Sales279,125101,035124,73223,25644,77995,792103,020172,962107,60557,41180,69657,919144,039183,7160
Gross Profit205,63472,25884,86215,19729,87262,71669,509120,66174,49438,41856,58342,982107,669145,2250
Admin Expenses162,60867,45877,34515,09626,04061,89079,518115,83472,62723,81545,505-6,01064,182138,76893,913
Operating Profit43,0264,8007,5171013,832826-10,0094,8271,86714,60311,07848,99243,4876,457-93,913
Interest Payable000000000000000
Interest Receivable2,079272123331623243928109
Pre-Tax Profit45,1054,8277,5191013,835830-10,0064,8301,88314,62711,10149,03243,5156,467-93,904
Tax-11,276-917-1,429-19-729-1580-966-376-3,072-2,553-11,768-11,314-1,8110
Profit After Tax33,8293,9106,090823,106672-10,0063,8641,50611,5558,54837,26432,2014,656-93,904
Dividends Paid000000000000000
Retained Profit33,8293,9106,090823,106672-10,0063,8641,50611,5558,54837,26432,2014,656-93,904
Employee Costs199,67464,01592,53229,34528,92656,33380,816111,18757,50256,02155,16755,12281,904104,6800
Number Of Employees623112342222340
EBITDA*58,3456,0299,0502,0153,832871-9,9554,8901,94214,69111,18349,11743,63410,845-89,253

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets11,4994,9676,1967,7292982532983524154905786838083,0963,984
Intangible Assets126,88600000000000010,50014,000
Investments & Other000000012,0000000001
Debtors (Due After 1 year)000000000000000
Total Fixed Assets138,3854,9676,1967,72929825329812,35241549057868380813,59617,985
Stock & work in progress00000000000009,65013,944
Trade Debtors52,32615,51228,5963,8816,39913,66215,42238,25219,48010,24111,0435,84415,67620,25018,679
Group Debtors000000000000000
Misc Debtors1,5396787,3987,7388,3744,0419,1731,5390000006,031
Cash82,0331,1253991,0254121707196441,6704,7174,6494,76210,9653693,472
misc current assets00033515,0370000000000
total current assets135,89817,31536,39312,97930,22217,87325,31440,43521,15014,95815,69210,60626,64130,26942,126
total assets274,28322,28242,58920,70830,52018,12625,61252,78721,56515,44816,27011,28927,44943,86560,111
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 8,87904,3934,5590007,91219,73511,34627,50131,06884,492133,109154,011
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities219,15212,73432,55816,60131,05421,76629,92439,1810000000
total current liabilities228,03112,73436,95121,16031,05421,76629,92447,09319,73511,34627,50131,06884,492133,109154,011
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income0000000003,77800000
other liabilities000000000000000
provisions2,87500000000000000
total long term liabilities2,875000000003,77800000
total liabilities230,90612,73436,95121,16031,05421,76629,92447,09319,73515,12427,50131,06884,492133,109154,011
net assets43,3779,5485,638-452-534-3,640-4,3125,6941,830324-11,231-19,779-57,043-89,244-93,900
total shareholders funds43,3779,5485,638-452-534-3,640-4,3125,6941,830324-11,231-19,779-57,043-89,244-93,900
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit43,0264,8007,5171013,832826-10,0094,8271,86714,60311,07848,99243,4876,457-93,913
Depreciation1,2211,2291,5331,914045546375881051251478881,160
Amortisation14,0980000000000003,5003,500
Tax-11,276-917-1,429-19-729-1580-966-376-3,072-2,553-11,768-11,314-1,8110
Stock000000000000-9,650-4,29413,944
Debtors37,675-19,80424,375-3,154-2,930-6,892-15,19620,3119,239-8025,199-9,832-4,574-4,46024,710
Creditors8,879-4,393-1664,55900-7,912-11,8238,389-16,155-3,567-53,424-48,617-20,902154,011
Accruals and Deferred Income206,418-19,82415,957-14,4539,288-8,158-9,25739,181-3,7783,77800000
Deferred Taxes & Provisions2,87500000000000000
Cash flow from operations227,566699-963-4,74415,321-553-11,92810,971-3,06244-136-6,243-2,073-3,11426,104
Investing Activities
capital expenditure-148,73700-9,345-45000000012,6410-22,644
Change in Investments000000-12,00012,00000000-11
cash flow from investments-148,73700-9,345-45012,000-12,000000012,6411-22,645
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000004
interest2,079272123331623243928109
cash flow from financing2,0792721233316232439281013
cash and cash equivalents
cash80,908726-626613242-54975-1,026-3,04768-113-6,20310,596-3,1033,472
overdraft000000000000000
change in cash80,908726-626613242-54975-1,026-3,04768-113-6,20310,596-3,1033,472

renewables ireland 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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Renewables Ireland Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for renewables ireland limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BT2 area or any other competitors across 12 key performance metrics.

renewables ireland limited Ownership

RENEWABLES IRELAND LIMITED group structure

Renewables Ireland Limited has no subsidiary companies.

Ultimate parent company

RENEWABLES IRELAND LIMITED

NI046490

RENEWABLES IRELAND LIMITED Shareholders

antony howard fleetwood gordon 50%
robert graham clive misselbrook 50%

renewables ireland limited directors

Renewables Ireland Limited currently has 6 directors. The longest serving directors include Mr Robert Misselbrook (Jul 2004) and Mr Anthony Gordon (Jul 2004).

officercountryagestartendrole
Mr Robert MisselbrookUnited Kingdom56 years Jul 2004- Director
Mr Anthony Gordon58 years Jul 2004- Director
Mr Robert Misselbrook56 years Jul 2004- Director
Mr Antony Gordon58 years Jul 2004- Director
Mrs Kathryn GordonNorthern Ireland53 years Jan 2023- Director
Mrs Dawn MisselbrookEngland50 years Jan 2023- Director

P&L

December 2023

turnover

484.8k

+180%

operating profit

43k

0%

gross margin

42.5%

+1.73%

turnover

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

Balance Sheet

December 2023

net assets

43.4k

+3.54%

total assets

274.3k

+11.31%

cash

82k

+71.92%

net assets

Total assets minus all liabilities

renewables ireland limited company details

company number

NI046490

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

May 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

dfm properties limited (July 2004)

glenfact limited (July 2003)

accountant

HILL VELLACOTT

auditor

-

address

c/o hill vellacott, chamber of commerce house, 22 great victoria street, belfast, BT2 7BA

Bank

DANSKE BANK

Legal Advisor

-

renewables 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 did not find charges/mortgages relating to renewables ireland limited.

charges

renewables ireland limited Companies House Filings - See Documents

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