oak renewables 2 limited
oak renewables 2 limited Company Information
Company Number
NI631499
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
-oak renewables 2 limited Estimated Valuation
Pomanda estimates the enterprise value of OAK RENEWABLES 2 LIMITED at £1.1m based on a Turnover of £807.4k and 1.31x industry multiple (adjusted for size and gross margin).
oak renewables 2 limited Estimated Valuation
Pomanda estimates the enterprise value of OAK RENEWABLES 2 LIMITED at £2.4m based on an EBITDA of £597.6k and a 4.03x industry multiple (adjusted for size and gross margin).
oak renewables 2 limited Estimated Valuation
Pomanda estimates the enterprise value of OAK RENEWABLES 2 LIMITED at £0 based on Net Assets of £-124.2k and 2.7x industry multiple (adjusted for liquidity).
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Oak Renewables 2 Limited Overview
Oak Renewables 2 Limited is a live company located in belfast, BT1 3LP with a Companies House number of NI631499. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2015, it's largest shareholder is wind energy 3 hold co limited with a 100% stake. Oak Renewables 2 Limited is a established, small sized company, Pomanda has estimated its turnover at £807.4k with rapid growth in recent years.
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Oak Renewables 2 Limited Health Check
Pomanda's financial health check has awarded Oak Renewables 2 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
2 Weak
Size
annual sales of £807.4k, make it smaller than the average company (£1m)
£807.4k - Oak Renewables 2 Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (2.5%)
- Oak Renewables 2 Limited
2.5% - Industry AVG
Production
with a gross margin of 60%, this company has a comparable cost of product (60%)
60% - Oak Renewables 2 Limited
60% - Industry AVG
Profitability
an operating margin of 44.9% make it as profitable than the average company (39.3%)
44.9% - Oak Renewables 2 Limited
39.3% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
- Oak Renewables 2 Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Oak Renewables 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £269.1k, this is equally as efficient (£289.1k)
- Oak Renewables 2 Limited
£289.1k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (17 days)
14 days - Oak Renewables 2 Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (21 days)
14 days - Oak Renewables 2 Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oak Renewables 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 96 weeks, this is more cash available to meet short term requirements (10 weeks)
96 weeks - Oak Renewables 2 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.8%, this is a similar level of debt than the average (97.5%)
102.8% - Oak Renewables 2 Limited
97.5% - Industry AVG
OAK RENEWABLES 2 LIMITED financials
Oak Renewables 2 Limited's latest turnover from June 2022 is £807.4 thousand and the company has net assets of -£124.2 thousand. According to their latest financial statements, we estimate that Oak Renewables 2 Limited has 3 employees and maintains cash reserves of £90 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|
| Turnover | 807,410 | 869,052 | |||||
| Other Income Or Grants | 0 | ||||||
| Cost Of Sales | 0 | ||||||
| Gross Profit | 869,052 | ||||||
| Admin Expenses | 578,963 | ||||||
| Operating Profit | 362,598 | 290,089 | |||||
| Interest Payable | 317,732 | 208,550 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 44,866 | 81,539 | |||||
| Tax | -93,096 | -153,512 | |||||
| Profit After Tax | -48,230 | -71,973 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -48,230 | -71,973 | |||||
| Employee Costs | 0 | ||||||
| Number Of Employees | 3 | ||||||
| EBITDA* | 597,610 | 583,618 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,167,311 | 4,402,323 | 1,811,803 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,167,311 | 4,402,323 | 1,811,803 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 31,608 | 21,604 | 22,456 | 3 | 0 | 3 | 3 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 196,208 | 268,455 | 0 | 0 | 0 | 0 | 0 |
| Cash | 89,997 | 354,051 | 3 | 0 | 3 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 317,813 | 644,110 | 22,459 | 3 | 3 | 3 | 3 |
| total assets | 4,485,124 | 5,046,433 | 1,834,262 | 3 | 3 | 3 | 3 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,667 | 20,025 | 21,651 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 4,916,158 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 35,658 | 32,726 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 48,325 | 4,968,909 | 21,651 | 0 | 0 | 0 | 0 |
| loans | 4,314,409 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 1,816,626 | 0 | 0 | 0 | 0 |
| provisions | 246,608 | 153,512 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,561,017 | 153,512 | 1,816,626 | 0 | 0 | 0 | 0 |
| total liabilities | 4,609,342 | 5,122,421 | 1,838,277 | 0 | 0 | 0 | 0 |
| net assets | -124,218 | -75,988 | -4,015 | 3 | 3 | 3 | 3 |
| total shareholders funds | -124,218 | -75,988 | -4,015 | 3 | 3 | 3 | 3 |
| Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 362,598 | 290,089 | |||||
| Depreciation | 235,012 | 293,529 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -93,096 | -153,512 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -62,243 | 290,059 | 22,453 | 3 | -3 | 0 | 3 |
| Creditors | -7,358 | 20,025 | 21,651 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,932 | 32,726 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 93,096 | 153,512 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 655,427 | 346,310 | |||||
| Investing Activities | |||||||
| capital expenditure | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | ||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,916,158 | 4,916,158 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 4,314,409 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 1,816,626 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -317,732 | -208,550 | |||||
| cash flow from financing | -919,481 | 4,703,593 | |||||
| cash and cash equivalents | |||||||
| cash | -264,054 | 354,051 | 3 | -3 | 3 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -264,054 | 354,051 | 3 | -3 | 3 | 0 | 0 |
oak renewables 2 limited Credit Report and Business Information
Oak Renewables 2 Limited Competitor Analysis
Perform a competitor analysis for oak renewables 2 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.
oak renewables 2 limited Ownership
OAK RENEWABLES 2 LIMITED group structure
Oak Renewables 2 Limited has no subsidiary companies.
Ultimate parent company
BLUEFIELD SOLAR INCOME FUND LTD
#0081159
2 parents
OAK RENEWABLES 2 LIMITED
NI631499
oak renewables 2 limited directors
Oak Renewables 2 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
807.4k
-7%
operating profit
362.6k
+25%
gross margin
60%
-40.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-124.2k
+0.63%
total assets
4.5m
-0.11%
cash
90k
-0.75%
net assets
Total assets minus all liabilities
oak renewables 2 limited company details
company number
NI631499
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2022
previous names
arena wind brockagh limited (July 2019)
accountant
-
auditor
KPMG CHANNEL ISLANDS LIMITED
address
the soloist 1 lanyon place, belfast, BT1 3LP
Bank
BANK OF IRELAND UK
Legal Advisor
-
oak renewables 2 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 oak renewables 2 limited. Currently there are 0 open charges and 1 have been satisfied in the past.
oak renewables 2 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.
Click to start generating capital raising & share issue transactions for OAK RENEWABLES 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
oak renewables 2 limited Companies House Filings - See Documents
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