drumack wind ltd
drumack wind ltd Company Information
Company Number
NI636183
Next Accounts
Dec 2025
Shareholders
stevan mooney
robert halley
View AllGroup Structure
View All
Industry
Production of electricity
Registered Address
184 rashee road, ballyclare, BT39 9JB
Website
www.drumack.comdrumack wind ltd Estimated Valuation
Pomanda estimates the enterprise value of DRUMACK WIND LTD at £1.9m based on a Turnover of £1.3m and 1.48x industry multiple (adjusted for size and gross margin).
drumack wind ltd Estimated Valuation
Pomanda estimates the enterprise value of DRUMACK WIND LTD at £0 based on an EBITDA of £-16.7k and a 4.2x industry multiple (adjusted for size and gross margin).
drumack wind ltd Estimated Valuation
Pomanda estimates the enterprise value of DRUMACK WIND LTD at £991.6k based on Net Assets of £377.3k and 2.63x industry multiple (adjusted for liquidity).
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Drumack Wind Ltd Overview
Drumack Wind Ltd is a live company located in ballyclare, BT39 9JB with a Companies House number of NI636183. It operates in the production of electricity sector, SIC Code 35110. Founded in February 2016, it's largest shareholder is stevan mooney with a 25% stake. Drumack Wind Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Drumack Wind Ltd Health Check
Pomanda's financial health check has awarded Drumack Wind Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.8m)
- Drumack Wind Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (11.5%)
- Drumack Wind Ltd
11.5% - Industry AVG
Production
with a gross margin of 46.9%, this company has a higher cost of product (67.2%)
- Drumack Wind Ltd
67.2% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (48.6%)
- Drumack Wind Ltd
48.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- Drumack Wind Ltd
2 - Industry AVG
Pay Structure
on an average salary of £78.7k, the company has an equivalent pay structure (£78.7k)
- Drumack Wind Ltd
£78.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£448.9k)
- Drumack Wind Ltd
£448.9k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (15 days)
- Drumack Wind Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (20 days)
- Drumack Wind Ltd
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drumack Wind Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drumack Wind Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (86.8%)
21.7% - Drumack Wind Ltd
86.8% - Industry AVG
DRUMACK WIND LTD financials
Drumack Wind Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £377.3 thousand. According to their latest financial statements, we estimate that Drumack Wind Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 294,248 | 315,263 | 336,281 | 358,859 | 379,968 | 401,077 | 442,186 | 279,149 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 294,248 | 315,263 | 336,281 | 358,859 | 379,968 | 401,077 | 442,186 | 279,149 |
| Stock & work in progress | ||||||||
| Trade Debtors | 187,638 | 172,523 | 153,781 | 158,018 | 154,388 | 197,563 | 53,969 | 49,321 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 187,638 | 172,523 | 153,781 | 158,018 | 154,388 | 197,563 | 53,969 | 49,321 |
| total assets | 481,886 | 487,786 | 490,062 | 516,877 | 534,356 | 598,640 | 496,155 | 328,470 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 79,101 | 58,348 | 149,301 | 133,750 | 126,289 | 43,792 | 31,614 | 1,863 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 79,101 | 58,348 | 149,301 | 133,750 | 126,289 | 43,792 | 31,614 | 1,863 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 25,470 | 35,470 | 39,370 | 137,370 | 235,370 | 459,370 | 459,370 | 328,370 |
| provisions | ||||||||
| total long term liabilities | 25,470 | 35,470 | 39,370 | 137,370 | 235,370 | 459,370 | 459,370 | 328,370 |
| total liabilities | 104,571 | 93,818 | 188,671 | 271,120 | 361,659 | 503,162 | 490,984 | 330,233 |
| net assets | 377,315 | 393,968 | 301,391 | 245,757 | 172,697 | 95,478 | 5,171 | -1,763 |
| total shareholders funds | 377,315 | 393,968 | 301,391 | 245,757 | 172,697 | 95,478 | 5,171 | -1,763 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 15,115 | 18,742 | -4,237 | 3,630 | -43,175 | 143,594 | 4,648 | 49,321 |
| Creditors | 20,753 | -90,953 | 15,551 | 7,461 | 82,497 | 12,178 | 29,751 | 1,863 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -10,000 | -3,900 | -98,000 | -98,000 | -224,000 | 131,000 | 328,370 | |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
drumack wind ltd Credit Report and Business Information
Drumack Wind Ltd Competitor Analysis
Perform a competitor analysis for drumack wind ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BT39 area or any other competitors across 12 key performance metrics.
drumack wind ltd Ownership
DRUMACK WIND LTD group structure
Drumack Wind Ltd has no subsidiary companies.
Ultimate parent company
DRUMACK WIND LTD
NI636183
drumack wind ltd directors
Drumack Wind Ltd currently has 2 directors. The longest serving directors include Mr Robert Halley (Feb 2016) and Mr Stevan Mooney (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Halley | Northern Ireland | 69 years | Feb 2016 | - | Director |
| Mr Stevan Mooney | Northern Ireland | 53 years | Feb 2016 | - | Director |
P&L
March 2024turnover
1.3m
+7%
operating profit
-16.7k
0%
gross margin
46.9%
+1.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
377.3k
-0.04%
total assets
481.9k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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drumack wind ltd company details
company number
NI636183
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
AGNEW MITCHELL & CAIRNS
auditor
-
address
184 rashee road, ballyclare, BT39 9JB
Bank
-
Legal Advisor
-
drumack wind ltd 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 drumack wind ltd.
drumack wind ltd 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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drumack wind ltd Companies House Filings - See Documents
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