gaelectric natural resources limited
gaelectric natural resources limited Company Information
Company Number
NI633940
Next Accounts
Sep 2025
Shareholders
gaelectric nib limited
Group Structure
View All
Industry
Trade of electricity
Registered Address
eversheds sutherland, 4th floor,, montgomery street, belfast, antrim, BT1 4NX
Website
-gaelectric natural resources limited Estimated Valuation
Pomanda estimates the enterprise value of GAELECTRIC NATURAL RESOURCES LIMITED at £0 based on a Turnover of £0 and 1.38x industry multiple (adjusted for size and gross margin).
gaelectric natural resources limited Estimated Valuation
Pomanda estimates the enterprise value of GAELECTRIC NATURAL RESOURCES LIMITED at £72.6m based on an EBITDA of £17m and a 4.27x industry multiple (adjusted for size and gross margin).
gaelectric natural resources limited Estimated Valuation
Pomanda estimates the enterprise value of GAELECTRIC NATURAL RESOURCES LIMITED at £22.2m based on Net Assets of £8.2m and 2.71x industry multiple (adjusted for liquidity).
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Gaelectric Natural Resources Limited Overview
Gaelectric Natural Resources Limited is a live company located in belfast, BT1 4NX with a Companies House number of NI633940. It operates in the trade of electricity sector, SIC Code 35140. Founded in September 2015, it's largest shareholder is gaelectric nib limited with a 100% stake. Gaelectric Natural Resources Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Gaelectric Natural Resources Limited Health Check
Pomanda's financial health check has awarded Gaelectric Natural Resources Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (31.6%)
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Gaelectric Natural Resources Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (29)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (8 weeks)
- - Gaelectric Natural Resources Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.5%, this is a similar level of debt than the average (88.6%)
- - Gaelectric Natural Resources Limited
- - Industry AVG
GAELECTRIC NATURAL RESOURCES LIMITED financials
Gaelectric Natural Resources Limited's latest turnover from December 2023 is 0 and the company has net assets of £8.2 million. According to their latest financial statements, we estimate that Gaelectric Natural Resources Limited has 1 employee and maintains cash reserves of £7.7 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 139,000 | 1,740,000 | 2,411,000 | 1,250,000 | 1,176,000 | ||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 16,984,000 | -20,000 | -83,000 | 5,000 | -10,000 | 1,676,000 | 2,408,000 | 1,223,000 | 326,000 |
| Interest Payable | 1,656,000 | 921,000 | 1,964,000 | 43,000 | 2,389,000 | 165,000 | 215,000 | ||
| Interest Receivable | 1,361,000 | 1,086,000 | 5,395,000 | ||||||
| Pre-Tax Profit | 16,689,000 | 145,000 | 3,348,000 | -1,877,000 | -1,424,000 | -279,000 | 1,696,000 | -751,000 | -1,771,000 |
| Tax | |||||||||
| Profit After Tax | 16,689,000 | 145,000 | 3,348,000 | -1,877,000 | -1,424,000 | -279,000 | 1,696,000 | -751,000 | -1,771,000 |
| Dividends Paid | |||||||||
| Retained Profit | 16,689,000 | 145,000 | 3,348,000 | -1,877,000 | -1,424,000 | -279,000 | 1,696,000 | -751,000 | -1,771,000 |
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | 16,984,000 | -20,000 | -83,000 | 5,000 | -10,000 | 1,676,000 | 2,408,000 | 1,223,000 | 326,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 2,106,000 | 4,055,000 | |||||||
| Debtors (Due After 1 year) | 17,286,000 | ||||||||
| Total Fixed Assets | 2,106,000 | 4,055,000 | 17,286,000 | ||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 19,000 | 3,000 | 24,000 | 2,296,000 | |||||
| Group Debtors | 28,368,000 | 60,481,000 | 60,476,000 | 59,973,000 | 59,973,000 | 55,416,000 | 55,388,000 | 49,052,000 | |
| Misc Debtors | 18,184,000 | 911,000 | |||||||
| Cash | 7,720,000 | 20,137,000 | 4,453,000 | 4,169,000 | 4,620,000 | 4,471,000 | 5,057,000 | 10,621,000 | 516,000 |
| misc current assets | |||||||||
| total current assets | 54,272,000 | 81,529,000 | 64,948,000 | 64,142,000 | 64,593,000 | 59,890,000 | 60,469,000 | 61,969,000 | 516,000 |
| total assets | 56,378,000 | 85,584,000 | 64,948,000 | 64,142,000 | 64,593,000 | 59,890,000 | 60,469,000 | 61,969,000 | 17,802,000 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 11,000 | 2,000 | 13,000 | 14,000 | |||||
| Group/Directors Accounts | 6,094,000 | 34,394,000 | 15,783,000 | 9,080,000 | 7,068,000 | 98,000 | 462,000 | ||
| other short term finances | 3,874,000 | 3,620,000 | 2,408,000 | 3,236,000 | 2,997,000 | 2,828,000 | 2,306,000 | 1,986,000 | 4,382,000 |
| hp & lease commitments | |||||||||
| other current liabilities | 165,000 | 178,000 | 165,000 | 173,000 | 160,000 | 159,000 | 165,000 | 160,000 | |
| total current liabilities | 10,144,000 | 38,194,000 | 18,369,000 | 12,503,000 | 10,225,000 | 3,085,000 | 2,933,000 | 2,146,000 | 4,382,000 |
| loans | 38,048,000 | 41,478,000 | 47,637,000 | 56,045,000 | 56,897,000 | 57,910,000 | 58,362,000 | 62,345,000 | 15,191,000 |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 38,048,000 | 41,478,000 | 47,637,000 | 56,045,000 | 56,897,000 | 57,910,000 | 58,362,000 | 62,345,000 | 15,191,000 |
| total liabilities | 48,192,000 | 79,672,000 | 66,006,000 | 68,548,000 | 67,122,000 | 60,995,000 | 61,295,000 | 64,491,000 | 19,573,000 |
| net assets | 8,186,000 | 5,912,000 | -1,058,000 | -4,406,000 | -2,529,000 | -1,105,000 | -826,000 | -2,522,000 | -1,771,000 |
| total shareholders funds | 8,186,000 | 5,912,000 | -1,058,000 | -4,406,000 | -2,529,000 | -1,105,000 | -826,000 | -2,522,000 | -1,771,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 16,984,000 | -20,000 | -83,000 | 5,000 | -10,000 | 1,676,000 | 2,408,000 | 1,223,000 | 326,000 |
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -14,840,000 | 897,000 | 522,000 | 4,554,000 | 4,071,000 | 4,064,000 | 34,062,000 | 17,286,000 | |
| Creditors | 9,000 | -11,000 | -1,000 | 14,000 | |||||
| Accruals and Deferred Income | -13,000 | 13,000 | -8,000 | 13,000 | 1,000 | -1,000 | 5,000 | 160,000 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 31,820,000 | -915,000 | -614,000 | 32,000 | -4,563,000 | -2,396,000 | -1,651,000 | -32,679,000 | -16,960,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -1,949,000 | 4,055,000 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -28,300,000 | 18,611,000 | 6,703,000 | 2,012,000 | 6,970,000 | 98,000 | 462,000 | ||
| Other Short Term Loans | 254,000 | 1,212,000 | -828,000 | 239,000 | 169,000 | 842,000 | 320,000 | -2,396,000 | 4,382,000 |
| Long term loans | -3,430,000 | -6,159,000 | -8,408,000 | -852,000 | -1,013,000 | -4,435,000 | -3,983,000 | 47,154,000 | 15,191,000 |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -295,000 | 165,000 | 3,431,000 | -43,000 | -2,389,000 | -165,000 | -215,000 | ||
| cash flow from financing | -46,186,000 | 20,654,000 | 898,000 | 1,356,000 | 6,126,000 | -5,590,000 | 44,593,000 | 19,358,000 | |
| cash and cash equivalents | |||||||||
| cash | -12,417,000 | 15,684,000 | 284,000 | -451,000 | 149,000 | -6,150,000 | -5,564,000 | 10,105,000 | 516,000 |
| overdraft | |||||||||
| change in cash | -12,417,000 | 15,684,000 | 284,000 | -451,000 | 149,000 | -6,150,000 | -5,564,000 | 10,105,000 | 516,000 |
gaelectric natural resources limited Credit Report and Business Information
Gaelectric Natural Resources Limited Competitor Analysis
Perform a competitor analysis for gaelectric natural resources limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other established companies, companies in BT1 area or any other competitors across 12 key performance metrics.
gaelectric natural resources limited Ownership
GAELECTRIC NATURAL RESOURCES LIMITED group structure
Gaelectric Natural Resources Limited has 5 subsidiary companies.
Ultimate parent company
CHINA GENERAL NUCLEAR POWER CORPORATION.
#0084215
GAELECTRIC NIB LIMITED
IE521414
2 parents
GAELECTRIC NATURAL RESOURCES LIMITED
NI633940
5 subsidiaries
gaelectric natural resources limited directors
Gaelectric Natural Resources Limited currently has 2 directors. The longest serving directors include Jihua Gong (May 2022) and Mr Wen Zhao (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jihua Gong | Northern Ireland | 42 years | May 2022 | - | Director |
| Mr Wen Zhao | England | 41 years | Dec 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
17m
-85020%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.2m
+0.38%
total assets
56.4m
-0.34%
cash
7.7m
-0.62%
net assets
Total assets minus all liabilities
gaelectric natural resources limited company details
company number
NI633940
Type
Private limited with Share Capital
industry
35140 - Trade of electricity
incorporation date
September 2015
age
10
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
gaelectric natural resources 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 7 charges/mortgages relating to gaelectric natural resources limited. Currently there are 7 open charges and 0 have been satisfied in the past.
gaelectric natural resources 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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gaelectric natural resources limited Companies House Filings - See Documents
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