curryfree wind farm limited
curryfree wind farm limited Company Information
Company Number
NI068191
Website
hibernianwindpower.ieRegistered Address
2 electra road, maydown, londonderry, BT47 6UL
Industry
Production of electricity
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
esb wind development uk ltd 100%
curryfree wind farm limited Estimated Valuation
Pomanda estimates the enterprise value of CURRYFREE WIND FARM LIMITED at £7.9m based on a Turnover of £5.5m and 1.44x industry multiple (adjusted for size and gross margin).
curryfree wind farm limited Estimated Valuation
Pomanda estimates the enterprise value of CURRYFREE WIND FARM LIMITED at £16.3m based on an EBITDA of £3.8m and a 4.25x industry multiple (adjusted for size and gross margin).
curryfree wind farm limited Estimated Valuation
Pomanda estimates the enterprise value of CURRYFREE WIND FARM LIMITED at £22.3m based on Net Assets of £7.7m and 2.88x industry multiple (adjusted for liquidity).
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Curryfree Wind Farm Limited Overview
Curryfree Wind Farm Limited is a live company located in londonderry, BT47 6UL with a Companies House number of NI068191. It operates in the production of electricity sector, SIC Code 35110. Founded in February 2008, it's largest shareholder is esb wind development uk ltd with a 100% stake. Curryfree Wind Farm Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.5m with healthy growth in recent years.
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Curryfree Wind Farm Limited Health Check
Pomanda's financial health check has awarded Curryfree Wind Farm Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
3 Weak
Size
annual sales of £5.5m, make it larger than the average company (£1.8m)
£5.5m - Curryfree Wind Farm Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11.2%)
14% - Curryfree Wind Farm Limited
11.2% - Industry AVG
Production
with a gross margin of 50.2%, this company has a higher cost of product (73.2%)
50.2% - Curryfree Wind Farm Limited
73.2% - Industry AVG
Profitability
an operating margin of 34.5% make it less profitable than the average company (51.6%)
34.5% - Curryfree Wind Farm Limited
51.6% - Industry AVG
Employees
with 12 employees, this is above the industry average (3)
- Curryfree Wind Farm Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Curryfree Wind Farm Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £455.2k, this is equally as efficient (£461.2k)
- Curryfree Wind Farm Limited
£461.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Curryfree Wind Farm Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (21 days)
0 days - Curryfree Wind Farm Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Curryfree Wind Farm Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Curryfree Wind Farm Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a lower level of debt than the average (89.5%)
70.9% - Curryfree Wind Farm Limited
89.5% - Industry AVG
CURRYFREE WIND FARM LIMITED financials
Curryfree Wind Farm Limited's latest turnover from December 2023 is £5.5 million and the company has net assets of £7.7 million. According to their latest financial statements, we estimate that Curryfree Wind Farm Limited has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,462,000 | 9,346,000 | 5,813,000 | 3,673,000 | 3,777,000 | 4,834,000 | 4,133,000 | 3,606,000 | 4,326,000 | 5,172,000 | 5,387,000 | 4,635,000 | 2,151,000 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 2,720,000 | 2,429,000 | 2,493,000 | 2,539,000 | 2,671,000 | 2,526,000 | 2,412,000 | 2,594,000 | 2,302,000 | 2,477,000 | 2,401,000 | 2,115,000 | 0 | ||
| Gross Profit | 2,742,000 | 6,917,000 | 3,320,000 | 1,134,000 | 1,106,000 | 2,308,000 | 1,721,000 | 1,012,000 | 2,024,000 | 2,695,000 | 2,986,000 | 2,520,000 | 0 | ||
| Admin Expenses | 859,000 | 1,007,000 | 375,000 | 283,000 | 409,000 | 542,000 | 622,000 | 479,000 | 404,000 | 323,000 | 406,000 | 436,000 | -4,000 | ||
| Operating Profit | 1,883,000 | 5,910,000 | 2,945,000 | 851,000 | 697,000 | 1,766,000 | 1,099,000 | 533,000 | 1,620,000 | 2,372,000 | 2,580,000 | 2,084,000 | 1,539,000 | 4,000 | |
| Interest Payable | 462,000 | 532,000 | 602,000 | 688,000 | 775,000 | 832,000 | 920,000 | 1,015,000 | 1,098,000 | 1,177,000 | 1,236,000 | 1,333,000 | 404,000 | 0 | |
| Interest Receivable | 493,000 | 82,000 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | |
| Pre-Tax Profit | 1,914,000 | 5,460,000 | 2,343,000 | 178,000 | -78,000 | 934,000 | 179,000 | -482,000 | 522,000 | 1,195,000 | 1,344,000 | 751,000 | 1,017,000 | 4,000 | |
| Tax | -606,000 | -1,099,000 | -1,029,000 | -142,000 | 212,000 | -282,000 | -100,000 | 55,000 | -42,000 | -327,000 | -277,000 | -306,000 | -236,000 | 0 | |
| Profit After Tax | 1,308,000 | 4,361,000 | 1,314,000 | 36,000 | 134,000 | 652,000 | 79,000 | -427,000 | 480,000 | 868,000 | 1,067,000 | 445,000 | 781,000 | 4,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 1,308,000 | 4,361,000 | 1,314,000 | 36,000 | 134,000 | 652,000 | 79,000 | -3,427,000 | 480,000 | 868,000 | 1,067,000 | 445,000 | 781,000 | 4,000 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||||||||
| EBITDA* | 3,841,000 | 7,865,000 | 4,916,000 | 851,000 | 2,562,000 | 3,647,000 | 2,926,000 | 2,360,000 | 3,447,000 | 4,186,000 | 4,388,000 | 3,821,000 | 2,094,000 | 4,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,268,000 | 16,028,000 | 19,150,000 | 21,289,000 | 23,035,000 | 23,626,000 | 24,925,000 | 26,662,000 | 28,489,000 | 30,316,000 | 32,130,000 | 33,937,000 | 35,674,000 | 19,506,000 | 0 |
| Intangible Assets | 1,287,000 | 1,295,000 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,555,000 | 17,323,000 | 19,150,000 | 21,289,000 | 23,035,000 | 23,626,000 | 24,925,000 | 26,662,000 | 28,489,000 | 30,316,000 | 32,130,000 | 33,937,000 | 35,674,000 | 19,506,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,000 | 0 | 0 |
| Group Debtors | 11,006,000 | 9,871,000 | 2,219,000 | 1,178,000 | 1,588,000 | 2,010,000 | 1,420,000 | 1,334,000 | 1,309,000 | 1,010,000 | 1,519,000 | 1,202,000 | 2,689,000 | 0 | 0 |
| Misc Debtors | 72,000 | 85,000 | 60,000 | 71,000 | 168,000 | 131,000 | 61,000 | 143,000 | 148,000 | 125,000 | 40,000 | 354,000 | 840,000 | 2,770,000 | 0 |
| Cash | 0 | 1,313,000 | 2,551,000 | 4,072,000 | 8,983,000 | 9,025,000 | 8,759,000 | 8,522,000 | 11,120,000 | 11,309,000 | 8,961,000 | 9,440,000 | 1,885,000 | 15,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,078,000 | 11,269,000 | 4,830,000 | 5,321,000 | 10,739,000 | 11,166,000 | 10,240,000 | 9,999,000 | 12,577,000 | 12,444,000 | 10,520,000 | 10,996,000 | 5,447,000 | 2,785,000 | 0 |
| total assets | 26,633,000 | 28,592,000 | 23,980,000 | 26,610,000 | 33,774,000 | 34,792,000 | 35,165,000 | 36,661,000 | 41,066,000 | 42,760,000 | 42,650,000 | 44,933,000 | 41,121,000 | 22,291,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,000 | 11,000 | 4,000 | 101,000 | 87,000 | 24,000 | 1,000 | 2,000 | 2,000 | 0 | 0 | 0 | 454,000 | 446,000 | 0 |
| Group/Directors Accounts | 8,591,000 | 10,931,000 | 9,238,000 | 12,287,000 | 18,212,000 | 18,767,000 | 18,646,000 | 18,838,000 | 17,996,000 | 18,474,000 | 17,885,000 | 14,778,000 | 39,250,000 | 21,847,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 91,000 | 81,000 | 69,000 | 69,000 | 69,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,516,000 | 887,000 | 493,000 | 155,000 | 48,000 | 44,000 | 124,000 | 251,000 | 113,000 | 149,000 | 228,000 | 91,000 | 0 | 0 | 0 |
| total current liabilities | 10,204,000 | 11,910,000 | 9,804,000 | 12,612,000 | 18,416,000 | 18,835,000 | 18,771,000 | 19,091,000 | 18,111,000 | 18,623,000 | 18,113,000 | 14,869,000 | 39,704,000 | 22,293,000 | 0 |
| loans | 5,104,000 | 6,611,000 | 7,958,000 | 9,297,000 | 10,984,000 | 12,742,000 | 14,431,000 | 16,013,000 | 17,726,000 | 19,430,000 | 21,025,000 | 27,949,000 | 0 | 0 | 0 |
| hp & lease commitments | 1,309,000 | 1,316,000 | 1,049,000 | 1,096,000 | 1,140,000 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,269,000 | 2,316,000 | 2,742,000 | 2,492,000 | 2,157,000 | 2,272,000 | 1,672,000 | 1,345,000 | 1,590,000 | 1,548,000 | 1,221,000 | 891,000 | 638,000 | 0 | 0 |
| total long term liabilities | 8,682,000 | 10,243,000 | 11,749,000 | 12,885,000 | 14,281,000 | 15,014,000 | 16,103,000 | 17,358,000 | 19,316,000 | 20,978,000 | 22,246,000 | 28,840,000 | 638,000 | 0 | 0 |
| total liabilities | 18,886,000 | 22,153,000 | 21,553,000 | 25,497,000 | 32,697,000 | 33,849,000 | 34,874,000 | 36,449,000 | 37,427,000 | 39,601,000 | 40,359,000 | 43,709,000 | 40,342,000 | 22,293,000 | 0 |
| net assets | 7,747,000 | 6,439,000 | 2,427,000 | 1,113,000 | 1,077,000 | 943,000 | 291,000 | 212,000 | 3,639,000 | 3,159,000 | 2,291,000 | 1,224,000 | 779,000 | -2,000 | 0 |
| total shareholders funds | 7,747,000 | 6,439,000 | 2,427,000 | 1,113,000 | 1,077,000 | 943,000 | 291,000 | 212,000 | 3,639,000 | 3,159,000 | 2,291,000 | 1,224,000 | 779,000 | -2,000 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,883,000 | 5,910,000 | 2,945,000 | 851,000 | 697,000 | 1,766,000 | 1,099,000 | 533,000 | 1,620,000 | 2,372,000 | 2,580,000 | 2,084,000 | 1,539,000 | 4,000 | |
| Depreciation | 1,856,000 | 1,880,000 | 1,971,000 | 0 | 1,865,000 | 1,881,000 | 1,827,000 | 1,827,000 | 1,827,000 | 1,814,000 | 1,808,000 | 1,737,000 | 555,000 | 0 | |
| Amortisation | 102,000 | 75,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -606,000 | -1,099,000 | -1,029,000 | -142,000 | 212,000 | -282,000 | -100,000 | 55,000 | -42,000 | -327,000 | -277,000 | -306,000 | -236,000 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,122,000 | 7,677,000 | 1,030,000 | -507,000 | -385,000 | 660,000 | 4,000 | 20,000 | 322,000 | -424,000 | 3,000 | -2,006,000 | 792,000 | 2,770,000 | 0 |
| Creditors | -5,000 | 7,000 | -97,000 | 14,000 | 63,000 | 23,000 | -1,000 | 0 | 2,000 | 0 | 0 | -454,000 | 8,000 | 446,000 | 0 |
| Accruals and Deferred Income | 629,000 | 394,000 | 338,000 | 107,000 | 4,000 | -80,000 | -127,000 | 138,000 | -36,000 | -79,000 | 137,000 | 91,000 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -47,000 | -426,000 | 250,000 | 335,000 | -115,000 | 600,000 | 327,000 | -245,000 | 42,000 | 327,000 | 330,000 | 253,000 | 638,000 | 0 | 0 |
| Cash flow from operations | 2,690,000 | -936,000 | 3,348,000 | 1,672,000 | 3,111,000 | 3,248,000 | 3,021,000 | 2,288,000 | 3,091,000 | 4,531,000 | 4,575,000 | 5,411,000 | 1,712,000 | -2,320,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | -2,340,000 | 1,693,000 | -3,049,000 | -5,925,000 | -555,000 | 121,000 | -192,000 | 842,000 | -478,000 | 589,000 | 3,107,000 | -24,472,000 | 17,403,000 | 21,847,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,507,000 | -1,347,000 | -1,339,000 | -1,687,000 | -1,758,000 | -1,689,000 | -1,582,000 | -1,713,000 | -1,704,000 | -1,595,000 | -6,924,000 | 27,949,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 3,000 | 279,000 | -47,000 | -44,000 | 1,209,000 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 31,000 | -450,000 | -602,000 | -673,000 | -775,000 | -832,000 | -920,000 | -1,015,000 | -1,098,000 | -1,177,000 | -1,236,000 | -1,333,000 | -402,000 | 0 | |
| cash flow from financing | -3,813,000 | -174,000 | -5,037,000 | -8,329,000 | -1,879,000 | -2,400,000 | -2,694,000 | -1,886,000 | -3,280,000 | -2,183,000 | -5,053,000 | 2,144,000 | 17,001,000 | 21,841,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | -1,313,000 | -1,238,000 | -1,521,000 | -4,911,000 | -42,000 | 266,000 | 237,000 | -2,598,000 | -189,000 | 2,348,000 | -479,000 | 7,555,000 | 1,870,000 | 15,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,313,000 | -1,238,000 | -1,521,000 | -4,911,000 | -42,000 | 266,000 | 237,000 | -2,598,000 | -189,000 | 2,348,000 | -479,000 | 7,555,000 | 1,870,000 | 15,000 | 0 |
curryfree wind farm limited Credit Report and Business Information
Curryfree Wind Farm Limited Competitor Analysis
Perform a competitor analysis for curryfree wind farm limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in BT47 area or any other competitors across 12 key performance metrics.
curryfree wind farm limited Ownership
CURRYFREE WIND FARM LIMITED group structure
Curryfree Wind Farm Limited has no subsidiary companies.
Ultimate parent company
ELECTRICITY SUPPLY BOARD
#0050143
2 parents
CURRYFREE WIND FARM LIMITED
NI068191
curryfree wind farm limited directors
Curryfree Wind Farm Limited currently has 4 directors. The longest serving directors include Mr John Gartland (Mar 2020) and Mihai Diac (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Gartland | England | 59 years | Mar 2020 | - | Director |
| Mihai Diac | England | 58 years | Jun 2022 | - | Director |
| Ms Maria O'Brien | England | 51 years | Nov 2023 | - | Director |
| Mr Patrick Keane | 54 years | Mar 2024 | - | Director |
P&L
December 2023turnover
5.5m
-42%
operating profit
1.9m
-68%
gross margin
50.3%
-32.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.7m
+0.2%
total assets
26.6m
-0.07%
cash
0
-1%
net assets
Total assets minus all liabilities
curryfree wind farm limited company details
company number
NI068191
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
February 2008
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
l&b (no 163) limited (February 2008)
accountant
-
auditor
DELOITTE (NI) LIMITED
address
2 electra road, maydown, londonderry, BT47 6UL
Bank
DANSKE BANK
Legal Advisor
-
curryfree wind farm 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 curryfree wind farm limited.
curryfree wind farm limited Companies House Filings - See Documents
| date | description | view/download |
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