ash renewables no 5 limited
ash renewables no 5 limited Company Information
Company Number
NI623704
Next Accounts
303 days late
Industry
Production of electricity
Shareholders
wind energy 3 hold co limited
Group Structure
View All
Contact
Registered Address
the soloist 1 lanyon place, belfast, BT1 3LP
Website
-ash renewables no 5 limited Estimated Valuation
Pomanda estimates the enterprise value of ASH RENEWABLES NO 5 LIMITED at £170.8k based on a Turnover of £132.8k and 1.29x industry multiple (adjusted for size and gross margin).
ash renewables no 5 limited Estimated Valuation
Pomanda estimates the enterprise value of ASH RENEWABLES NO 5 LIMITED at £1.7m based on an EBITDA of £427.3k and a 3.96x industry multiple (adjusted for size and gross margin).
ash renewables no 5 limited Estimated Valuation
Pomanda estimates the enterprise value of ASH RENEWABLES NO 5 LIMITED at £0 based on Net Assets of £-566.5k and 2.7x industry multiple (adjusted for liquidity).
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Ash Renewables No 5 Limited Overview
Ash Renewables No 5 Limited is a live company located in belfast, BT1 3LP with a Companies House number of NI623704. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2014, it's largest shareholder is wind energy 3 hold co limited with a 100% stake. Ash Renewables No 5 Limited is a established, micro sized company, Pomanda has estimated its turnover at £132.8k with declining growth in recent years.
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Ash Renewables No 5 Limited Health Check
Pomanda's financial health check has awarded Ash Renewables No 5 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £132.8k, make it smaller than the average company (£1m)
£132.8k - Ash Renewables No 5 Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -72%, show it is growing at a slower rate (2.5%)
- Ash Renewables No 5 Limited
2.5% - Industry AVG
Production
with a gross margin of 60%, this company has a comparable cost of product (60%)
60% - Ash Renewables No 5 Limited
60% - Industry AVG
Profitability
an operating margin of 269.3% make it more profitable than the average company (39.3%)
269.3% - Ash Renewables No 5 Limited
39.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Ash Renewables No 5 Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ash Renewables No 5 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £66.4k, this is less efficient (£289.1k)
£66.4k - Ash Renewables No 5 Limited
£289.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ash Renewables No 5 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is slower than average (21 days)
28 days - Ash Renewables No 5 Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ash Renewables No 5 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (10 weeks)
49 weeks - Ash Renewables No 5 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 175.1%, this is a higher level of debt than the average (97.5%)
175.1% - Ash Renewables No 5 Limited
97.5% - Industry AVG
ASH RENEWABLES NO 5 LIMITED financials
Ash Renewables No 5 Limited's latest turnover from June 2022 is £132.8 thousand and the company has net assets of -£566.5 thousand. According to their latest financial statements, Ash Renewables No 5 Limited has 2 employees and maintains cash reserves of £19.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 132,776 | 72,550 | ||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 72,550 | |||||||
| Admin Expenses | 75,689 | |||||||
| Operating Profit | -3,139 | |||||||
| Interest Payable | 208,685 | 203,561 | ||||||
| Interest Receivable | 419,617 | 0 | ||||||
| Pre-Tax Profit | 284,401 | -206,700 | ||||||
| Tax | -30,084 | -62,531 | ||||||
| Profit After Tax | 254,317 | -269,231 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | 254,317 | -269,231 | ||||||
| Employee Costs | 0 | |||||||
| Number Of Employees | 2 | 3 | ||||||
| EBITDA* | 26,690 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 708,505 | 767,464 | 814,018 | 859,828 | 864,610 | 252,943 | 19,903 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 708,505 | 767,464 | 814,018 | 859,828 | 864,610 | 252,943 | 19,903 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 640,387 | 798,325 | 1,017,356 | 32,444 | 4,872 | 0 |
| Group Debtors | 0 | 317,311 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 25,924 | 209,538 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 19,865 | 23,619 | 35,303 | 14,168 | 17,730 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,789 | 550,468 | 675,690 | 812,493 | 1,035,086 | 32,444 | 4,872 | 0 |
| total assets | 754,294 | 1,317,932 | 1,489,708 | 1,672,321 | 1,899,696 | 285,387 | 24,775 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,181 | 2,716 | 89,338 | 81,116 | 81,369 | 85,290 | 26,840 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 16,496 | 121,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,677 | 124,262 | 89,338 | 81,116 | 81,369 | 85,290 | 26,840 | 0 |
| loans | 1,207,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 1,951,912 | 1,951,912 | 1,951,912 | 1,951,912 | 204,431 | 0 | 0 |
| provisions | 92,615 | 62,531 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,300,073 | 2,014,443 | 1,951,912 | 1,951,912 | 1,951,912 | 204,431 | 0 | 0 |
| total liabilities | 1,320,750 | 2,138,705 | 2,041,250 | 2,033,028 | 2,033,281 | 289,721 | 26,840 | 0 |
| net assets | -566,456 | -820,773 | -551,542 | -360,707 | -133,585 | -4,334 | -2,065 | 0 |
| total shareholders funds | -566,456 | -820,773 | -551,542 | -360,707 | -133,585 | -4,334 | -2,065 | 0 |
| Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -3,139 | |||||||
| Depreciation | 69,645 | 29,829 | 46,550 | 46,513 | 25,973 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -30,084 | -62,531 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 25,924 | -113,538 | -157,938 | -219,031 | 984,912 | 32,444 | 4,872 | 0 |
| Creditors | 4,181 | -86,622 | 8,222 | -253 | -3,921 | 85,290 | 26,840 | 0 |
| Accruals and Deferred Income | 16,496 | 121,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 92,615 | 62,531 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 175,152 | |||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | |||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,207,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 1,747,481 | 204,431 | 0 | 0 |
| share issue | ||||||||
| interest | 210,932 | -203,561 | ||||||
| cash flow from financing | 597,617 | -203,561 | ||||||
| cash and cash equivalents | ||||||||
| cash | 19,865 | -11,684 | 21,135 | -3,562 | 17,730 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 19,865 | -11,684 | 21,135 | -3,562 | 17,730 | 0 | 0 | 0 |
ash renewables no 5 limited Credit Report and Business Information
Ash Renewables No 5 Limited Competitor Analysis
Perform a competitor analysis for ash renewables no 5 limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in BT1 area or any other competitors across 12 key performance metrics.
ash renewables no 5 limited Ownership
ASH RENEWABLES NO 5 LIMITED group structure
Ash Renewables No 5 Limited has no subsidiary companies.
Ultimate parent company
BLUEFIELD SOLAR INCOME FUND LTD
#0081159
2 parents
ASH RENEWABLES NO 5 LIMITED
NI623704
ash renewables no 5 limited directors
Ash Renewables No 5 Limited currently has 3 directors. The longest serving directors include Mr Neil Wood (Jul 2021) and Mr Neil Wood (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Wood | United Kingdom | 44 years | Jul 2021 | - | Director |
| Mr Neil Wood | England | 44 years | Jul 2021 | - | Director |
| Mr Kevin O'Connor | United Kingdom | 43 years | Jul 2024 | - | Director |
P&L
June 2022turnover
132.8k
0%
operating profit
357.6k
0%
gross margin
60%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-566.5k
0%
total assets
754.3k
0%
cash
19.9k
0%
net assets
Total assets minus all liabilities
ash renewables no 5 limited company details
company number
NI623704
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2022
previous names
N/A
accountant
-
auditor
KPMG CHANNEL ISLANDS LIMITED
address
the soloist 1 lanyon place, belfast, BT1 3LP
Bank
BANK OF IRELAND
Legal Advisor
-
ash renewables no 5 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 1 charges/mortgages relating to ash renewables no 5 limited. Currently there are 0 open charges and 1 have been satisfied in the past.
ash renewables no 5 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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ash renewables no 5 limited Companies House Filings - See Documents
| date | description | view/download |
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