carn hill windfarm limited
carn hill windfarm limited Company Information
Company Number
NI602158
Next Accounts
Sep 2025
Shareholders
enercon independent power producer gmbh
Group Structure
View All
Industry
Production of electricity
Registered Address
eversheds sutherland, 4th floor,, montgomery street, belfast, antrim, BT1 4NX
Website
-carn hill windfarm limited Estimated Valuation
Pomanda estimates the enterprise value of CARN HILL WINDFARM LIMITED at £8.9m based on a Turnover of £4.7m and 1.9x industry multiple (adjusted for size and gross margin).
carn hill windfarm limited Estimated Valuation
Pomanda estimates the enterprise value of CARN HILL WINDFARM LIMITED at £21.2m based on an EBITDA of £3.9m and a 5.38x industry multiple (adjusted for size and gross margin).
carn hill windfarm limited Estimated Valuation
Pomanda estimates the enterprise value of CARN HILL WINDFARM LIMITED at £13.4m based on Net Assets of £5.1m and 2.63x industry multiple (adjusted for liquidity).
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Carn Hill Windfarm Limited Overview
Carn Hill Windfarm Limited is a live company located in belfast, BT1 4NX with a Companies House number of NI602158. It operates in the production of electricity sector, SIC Code 35110. Founded in February 2010, it's largest shareholder is enercon independent power producer gmbh with a 100% stake. Carn Hill Windfarm Limited is a established, small sized company, Pomanda has estimated its turnover at £4.7m with high growth in recent years.
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Carn Hill Windfarm Limited Health Check
Pomanda's financial health check has awarded Carn Hill Windfarm Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £4.7m, make it larger than the average company (£1.8m)
£4.7m - Carn Hill Windfarm Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (10.8%)
20% - Carn Hill Windfarm Limited
10.8% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
71% - Carn Hill Windfarm Limited
71% - Industry AVG
Profitability
an operating margin of 63.3% make it more profitable than the average company (51.1%)
63.3% - Carn Hill Windfarm Limited
51.1% - Industry AVG
Employees
with 11 employees, this is above the industry average (3)
- Carn Hill Windfarm Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Carn Hill Windfarm Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £425.4k, this is equally as efficient (£449.7k)
- Carn Hill Windfarm Limited
£449.7k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is later than average (16 days)
29 days - Carn Hill Windfarm Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (21 days)
8 days - Carn Hill Windfarm Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Carn Hill Windfarm Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Carn Hill Windfarm Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a similar level of debt than the average (90%)
81.7% - Carn Hill Windfarm Limited
90% - Industry AVG
CARN HILL WINDFARM LIMITED financials
Carn Hill Windfarm Limited's latest turnover from December 2023 is £4.7 million and the company has net assets of £5.1 million. According to their latest financial statements, we estimate that Carn Hill Windfarm Limited has 11 employees and maintains cash reserves of £5.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,679,000 | 6,360,000 | 3,740,000 | 2,727,000 | 2,327,000 | 2,188,000 | 3,017,000 | 2,488,000 | 2,724,000 | 2,946,224 | 3,251,771 | |||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 79,159 | |||||||||||||
| Gross Profit | 3,172,612 | |||||||||||||
| Admin Expenses | 1,371,981 | |||||||||||||
| Operating Profit | 2,962,000 | 3,431,000 | 3,462,000 | -120,000 | 1,475,000 | 589,000 | 1,030,000 | 817,000 | 1,400,000 | 1,553,173 | 1,800,631 | -27,142 | -5,632 | 2,965 |
| Interest Payable | 23,000 | 25,000 | 26,000 | 28,000 | 30,000 | 1,950,000 | 1,936,000 | 1,660,276 | 386,016 | 80 | ||||
| Interest Receivable | 45,337 | 6,291 | ||||||||||||
| Pre-Tax Profit | 3,031,000 | 3,406,000 | 3,436,000 | -148,000 | 1,445,000 | 589,000 | 1,030,000 | -1,133,000 | -536,000 | -61,766 | 1,420,906 | -27,142 | -5,632 | 2,965 |
| Tax | -498,000 | -649,000 | -942,000 | -216,000 | -76,000 | -97,000 | -184,000 | 155,000 | 46,000 | -186,257 | ||||
| Profit After Tax | 2,533,000 | 2,757,000 | 2,494,000 | -364,000 | 1,369,000 | 492,000 | 846,000 | -978,000 | -490,000 | -248,023 | 1,420,906 | -27,142 | -5,632 | 2,965 |
| Dividends Paid | 200,000 | |||||||||||||
| Retained Profit | 2,533,000 | 2,757,000 | 2,494,000 | -364,000 | 1,369,000 | 492,000 | 846,000 | -978,000 | -490,000 | -248,023 | 1,220,906 | -27,142 | -5,632 | 2,965 |
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 3,929,000 | 4,398,000 | 4,429,000 | 847,000 | 2,441,000 | 1,253,000 | 1,915,000 | 1,702,000 | 2,283,000 | 2,432,761 | 2,674,453 | -27,142 | -5,632 | 2,965 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,348,000 | 8,145,000 | 9,944,000 | 10,823,000 | 11,702,000 | 11,373,000 | 11,971,000 | 12,767,000 | 13,564,000 | 15,844,627 | 16,618,141 | 15,749,045 | 786,005 | |
| Intangible Assets | 1,656,000 | 1,826,000 | 994,000 | 1,082,000 | 1,170,000 | 1,258,000 | 1,324,000 | 1,413,000 | 1,501,000 | |||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 9,004,000 | 9,971,000 | 10,938,000 | 11,905,000 | 12,872,000 | 12,631,000 | 13,295,000 | 14,180,000 | 15,065,000 | 15,844,627 | 16,618,141 | 15,749,045 | 786,005 | |
| Stock & work in progress | 501,808 | |||||||||||||
| Trade Debtors | 373,000 | 1,927,000 | 1,373,000 | 102,000 | 956,000 | 852,000 | 531,000 | 480,000 | 728,765 | 698,320 | ||||
| Group Debtors | 11,522,000 | 11,419,000 | 11,371,000 | 9,527,000 | 8,367,000 | 6,434,000 | 2,780,000 | 5,089,000 | ||||||
| Misc Debtors | 1,197,000 | 1,424,000 | 1,227,000 | 769,000 | 630,000 | 352,000 | 109,000 | 82,000 | 16,000 | 23,995 | 29,095 | 469,817 | 5,897 | 8,751 |
| Cash | 5,765,000 | 6,245,000 | 1,606,000 | 2,038,000 | 1,360,000 | 1,795,000 | 683,000 | 2,101,000 | 1,618,000 | 4,999,416 | 3,424,436 | 1,326,700 | 6,239 | 36,306 |
| misc current assets | ||||||||||||||
| total current assets | 18,857,000 | 21,015,000 | 15,577,000 | 12,334,000 | 10,459,000 | 9,537,000 | 1,644,000 | 5,494,000 | 7,203,000 | 5,752,176 | 4,151,851 | 1,796,517 | 12,136 | 546,865 |
| total assets | 27,861,000 | 30,986,000 | 26,515,000 | 24,239,000 | 23,331,000 | 22,168,000 | 14,939,000 | 19,674,000 | 22,268,000 | 21,596,803 | 20,769,992 | 17,545,562 | 798,141 | 546,865 |
| Bank overdraft | ||||||||||||||
| Bank loan | 2,194,000 | 1,052,566 | 928,469 | 259,172 | ||||||||||
| Trade Creditors | 33,000 | 264,000 | 310,000 | 5,000 | 13,000 | 423,000 | 21,000 | 35,000 | 11,000 | 112,127 | 596,956 | 2,807,539 | 23,562 | 44,086 |
| Group/Directors Accounts | 20,075,000 | 20,504,000 | 19,374,000 | 20,728,000 | 19,616,000 | 20,624,000 | 14,389,000 | 20,156,000 | ||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | |||||||||
| other current liabilities | 690,000 | 1,063,000 | 339,000 | 57,000 | 36,000 | 41,000 | 207,000 | 7,000 | 44,000 | 33,829 | 139,892 | 75,341 | 15,402 | |
| total current liabilities | 20,894,000 | 21,927,000 | 20,119,000 | 20,886,000 | 19,761,000 | 21,088,000 | 14,617,000 | 20,198,000 | 2,249,000 | 1,198,522 | 1,665,317 | 3,066,711 | 98,903 | 59,488 |
| loans | 19,425,000 | 19,268,948 | 17,913,576 | 14,508,658 | 701,903 | 484,410 | ||||||||
| hp & lease commitments | 762,000 | 836,000 | 907,000 | 976,000 | 1,045,000 | |||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,102,000 | 1,153,000 | 1,176,000 | 558,000 | 342,000 | 266,000 | 140,000 | 186,257 | ||||||
| total long term liabilities | 1,864,000 | 1,989,000 | 2,083,000 | 1,534,000 | 1,387,000 | 266,000 | 19,565,000 | 19,455,205 | 17,913,576 | 14,508,658 | 701,903 | 484,410 | ||
| total liabilities | 22,758,000 | 23,916,000 | 22,202,000 | 22,420,000 | 21,148,000 | 21,354,000 | 14,617,000 | 20,198,000 | 21,814,000 | 20,653,727 | 19,578,893 | 17,575,369 | 800,806 | 543,898 |
| net assets | 5,103,000 | 7,070,000 | 4,313,000 | 1,819,000 | 2,183,000 | 814,000 | 322,000 | -524,000 | 454,000 | 943,076 | 1,191,099 | -29,807 | -2,665 | 2,967 |
| total shareholders funds | 5,103,000 | 7,070,000 | 4,313,000 | 1,819,000 | 2,183,000 | 814,000 | 322,000 | -524,000 | 454,000 | 943,076 | 1,191,099 | -29,807 | -2,665 | 2,967 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,962,000 | 3,431,000 | 3,462,000 | -120,000 | 1,475,000 | 589,000 | 1,030,000 | 817,000 | 1,400,000 | 1,553,173 | 1,800,631 | -27,142 | -5,632 | 2,965 |
| Depreciation | 879,000 | 919,000 | 879,000 | 879,000 | 878,000 | 598,000 | 796,000 | 797,000 | 795,000 | 879,588 | 873,822 | |||
| Amortisation | 88,000 | 48,000 | 88,000 | 88,000 | 88,000 | 66,000 | 89,000 | 88,000 | 88,000 | |||||
| Tax | -498,000 | -649,000 | -942,000 | -216,000 | -76,000 | -97,000 | -184,000 | 155,000 | 46,000 | -186,257 | ||||
| Stock | -501,808 | 501,808 | ||||||||||||
| Debtors | -1,678,000 | 799,000 | 3,675,000 | 1,197,000 | 1,357,000 | 4,349,000 | -2,432,000 | -2,192,000 | 4,832,240 | 25,345 | 257,598 | 463,920 | -2,854 | 8,751 |
| Creditors | -231,000 | -46,000 | 305,000 | -8,000 | -410,000 | 388,000 | -14,000 | 24,000 | -101,127 | -484,829 | -2,210,583 | 2,783,977 | -20,524 | 44,086 |
| Accruals and Deferred Income | -373,000 | 724,000 | 282,000 | 21,000 | -5,000 | 34,000 | 200,000 | -37,000 | 10,171 | -106,063 | 139,892 | -75,341 | 59,939 | 15,402 |
| Deferred Taxes & Provisions | -51,000 | -23,000 | 618,000 | 216,000 | 76,000 | 266,000 | -140,000 | -46,257 | 186,257 | |||||
| Cash flow from operations | 4,454,000 | 3,605,000 | 1,017,000 | -337,000 | 669,000 | -2,505,000 | 4,349,000 | 3,896,000 | -2,640,453 | 1,816,524 | 346,164 | 2,217,574 | 538,445 | -448,106 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -2,194,000 | 1,141,434 | 124,097 | 669,297 | 259,172 | |||||||||
| Group/Directors Accounts | -429,000 | 1,130,000 | -1,354,000 | 1,112,000 | -1,008,000 | 468,000 | -5,767,000 | 20,156,000 | ||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -19,425,000 | 156,052 | 1,355,372 | 3,404,918 | 13,806,755 | 217,493 | 484,410 | |||||||
| Hire Purchase and Lease Commitments | -74,000 | -71,000 | -69,000 | -69,000 | 1,141,000 | |||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -23,000 | -25,000 | -26,000 | -28,000 | -30,000 | -1,950,000 | -1,936,000 | -1,614,939 | -379,725 | -80 | ||||
| cash flow from financing | -5,026,000 | 1,034,000 | -1,449,000 | 1,015,000 | 103,000 | 1,314,000 | -5,767,000 | -3,413,000 | -637,590 | -135,470 | 3,694,490 | 14,065,927 | 217,493 | 484,332 |
| cash and cash equivalents | ||||||||||||||
| cash | -480,000 | 4,639,000 | -432,000 | 678,000 | -435,000 | -306,000 | -1,418,000 | 483,000 | -3,381,416 | 1,574,980 | 2,097,736 | 1,320,461 | -30,067 | 36,306 |
| overdraft | ||||||||||||||
| change in cash | -480,000 | 4,639,000 | -432,000 | 678,000 | -435,000 | -306,000 | -1,418,000 | 483,000 | -3,381,416 | 1,574,980 | 2,097,736 | 1,320,461 | -30,067 | 36,306 |
carn hill windfarm limited Credit Report and Business Information
Carn Hill Windfarm Limited Competitor Analysis
Perform a competitor analysis for carn hill windfarm limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
carn hill windfarm limited Ownership
CARN HILL WINDFARM LIMITED group structure
Carn Hill Windfarm Limited has no subsidiary companies.
Ultimate parent company
ENERCON INDEPENDENT POWER PRODUCER GMBH
#0061823
1 parent
CARN HILL WINDFARM LIMITED
NI602158
carn hill windfarm limited directors
Carn Hill Windfarm Limited currently has 3 directors. The longest serving directors include Mr Bin He (Dec 2021) and Jihua Gong (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bin He | Northern Ireland | 44 years | Dec 2021 | - | Director |
| Jihua Gong | Northern Ireland | 42 years | May 2022 | - | Director |
| Mr Wen Zhao | England | 41 years | Dec 2022 | - | Director |
P&L
December 2023turnover
4.7m
-26%
operating profit
3m
-14%
gross margin
71.1%
+1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.1m
-0.28%
total assets
27.9m
-0.1%
cash
5.8m
-0.08%
net assets
Total assets minus all liabilities
carn hill windfarm limited company details
company number
NI602158
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
February 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
FORVIS MAZARS
address
eversheds sutherland, 4th floor,, montgomery street, belfast, antrim, BT1 4NX
Bank
BANK OF IRELAND
Legal Advisor
EVERSHEDS SUTHERLAND
carn hill windfarm 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 carn hill windfarm limited.
carn hill windfarm limited 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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carn hill windfarm limited Companies House Filings - See Documents
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