maddan wind ltd

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maddan wind ltd Company Information

Share MADDAN WIND LTD

Company Number

NI644259

Shareholders

andrew mcmurray

lynn susan finnegan

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Group Structure

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Industry

Production of electricity

 

Registered Address

54 elmwood avenue, belfast, BT9 6AZ

Website

-

maddan wind ltd Estimated Valuation

£555.1k

Pomanda estimates the enterprise value of MADDAN WIND LTD at £555.1k based on a Turnover of £333.7k and 1.66x industry multiple (adjusted for size and gross margin).

maddan wind ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MADDAN WIND LTD at £0 based on an EBITDA of £-3.6k and a 4.73x industry multiple (adjusted for size and gross margin).

maddan wind ltd Estimated Valuation

£693.7k

Pomanda estimates the enterprise value of MADDAN WIND LTD at £693.7k based on Net Assets of £264k and 2.63x industry multiple (adjusted for liquidity).

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Maddan Wind Ltd Overview

Maddan Wind Ltd is a live company located in belfast, BT9 6AZ with a Companies House number of NI644259. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2017, it's largest shareholder is andrew mcmurray with a 25% stake. Maddan Wind Ltd is a young, micro sized company, Pomanda has estimated its turnover at £333.7k with declining growth in recent years.

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Maddan Wind Ltd Health Check

Pomanda's financial health check has awarded Maddan Wind Ltd a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £333.7k, make it smaller than the average company (£1.7m)

£333.7k - Maddan Wind Ltd

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (11.5%)

-42% - Maddan Wind Ltd

11.5% - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - Maddan Wind Ltd

67.5% - Industry AVG

profitability

Profitability

an operating margin of -8.1% make it less profitable than the average company (48.8%)

-8.1% - Maddan Wind Ltd

48.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Maddan Wind Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £80k, the company has an equivalent pay structure (£80k)

£80k - Maddan Wind Ltd

£80k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £333.7k, this is less efficient (£445.4k)

£333.7k - Maddan Wind Ltd

£445.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Maddan Wind Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 192 days, this is slower than average (20 days)

192 days - Maddan Wind Ltd

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Maddan Wind Ltd

- - Industry AVG

cashbalance

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 - Maddan Wind Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.7%, this is a lower level of debt than the average (86.8%)

42.7% - Maddan Wind Ltd

86.8% - Industry AVG

MADDAN WIND LTD financials

EXPORTms excel logo

Maddan Wind Ltd's latest turnover from March 2024 is estimated at £333.7 thousand and the company has net assets of £264 thousand. According to their latest financial statements, we estimate that Maddan Wind Ltd has 1 employee and maintains cash reserves of £124.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover333,650399,010287,5851,704,3672,274,0832,041,7521,619,563
Other Income Or Grants
Cost Of Sales108,614122,631106,705709,542959,049821,007716,125
Gross Profit225,036276,378180,881994,8251,315,0341,220,745903,439
Admin Expenses252,169393,945130,705832,9821,175,2391,064,246923,386
Operating Profit-27,133-117,56750,176161,843139,795156,499-19,947
Interest Payable
Interest Receivable7,7227,2861,840159
Pre-Tax Profit-19,411-110,28152,016162,001139,795156,499-19,947
Tax-9,883-30,780-26,561-29,735
Profit After Tax-19,411-110,28142,133131,221113,234126,764-19,947
Dividends Paid
Retained Profit-19,411-110,28142,133131,221113,234126,764-19,947
Employee Costs79,96372,16665,276361,796487,351476,668419,651
Number Of Employees1116887
EBITDA*-3,565-93,99969,030180,697158,649175,353-1,093

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets329,950353,518377,086395,940414,794433,648452,502
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets329,950353,518377,086395,940414,794433,648452,502
Stock & work in progress
Trade Debtors
Group Debtors1,988377,077230,4175,757
Misc Debtors3,8776,4005,2551792992994,780
Cash124,641169,544173,316317,461
misc current assets
total current assets130,506175,944178,571317,640377,376230,71610,537
total assets460,456529,462555,657713,580792,170664,364463,039
Bank overdraft
Bank loan
Trade Creditors 57,34280,33548,001247,977344,959330,971310,999
Group/Directors Accounts49,450104,45049,45024,524172,286168,806167,356
other short term finances
hp & lease commitments
other current liabilities23,88412,97611,74637,3043,83032,439809
total current liabilities130,676197,761109,197309,805521,075532,216479,164
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions65,82748,33752,81552,26350,80425,0913,582
total long term liabilities65,82748,33752,81552,26350,80425,0913,582
total liabilities196,503246,098162,012362,068571,879557,307482,746
net assets263,953283,364393,645351,512220,291107,057-19,707
total shareholders funds263,953283,364393,645351,512220,291107,057-19,707
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-27,133-117,56750,176161,843139,795156,499-19,947
Depreciation23,56823,56818,85418,85418,85418,85418,854
Amortisation
Tax-9,883-30,780-26,561-29,735
Stock
Debtors-5351,1455,076-377,197146,660220,17910,537
Creditors-22,99332,334-199,976-96,98213,98819,972310,999
Accruals and Deferred Income10,9081,230-25,55833,474-28,60931,630809
Deferred Taxes & Provisions17,490-4,4785521,45925,71321,5093,582
Cash flow from operations2,375-66,058-170,911465,065-3,480-1,450303,760
Investing Activities
capital expenditure-471,356
Change in Investments
cash flow from investments-471,356
Financing Activities
Bank loans
Group/Directors Accounts-55,00055,00024,926-147,7623,4801,450167,356
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue240
interest7,7227,2861,840159
cash flow from financing-47,27862,28626,766-147,6033,4801,450167,596
cash and cash equivalents
cash-44,903-3,772-144,145317,461
overdraft
change in cash-44,903-3,772-144,145317,461

maddan wind ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Maddan Wind Ltd Competitor Analysis

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Perform a competitor analysis for maddan wind ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in BT9 area or any other competitors across 12 key performance metrics.

maddan wind ltd Ownership

MADDAN WIND LTD group structure

Maddan Wind Ltd has no subsidiary companies.

Ultimate parent company

MADDAN WIND LTD

NI644259

MADDAN WIND LTD Shareholders

andrew mcmurray 25%
lynn susan finnegan 25%
james duncan 25%
nuala doran 12.5%
gerard doran 12.5%

maddan wind ltd directors

Maddan Wind Ltd currently has 2 directors. The longest serving directors include Mr Gerard Doran (Mar 2017) and Mr Andrew McMurray (Mar 2017).

officercountryagestartendrole
Mr Gerard DoranNorthern Ireland66 years Mar 2017- Director
Mr Andrew McMurrayNorthern Ireland43 years Mar 2017- Director

P&L

March 2024

turnover

333.7k

-16%

operating profit

-27.1k

0%

gross margin

67.5%

-2.63%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

264k

-0.07%

total assets

460.5k

-0.13%

cash

124.6k

-0.26%

net assets

Total assets minus all liabilities

maddan wind ltd company details

company number

NI644259

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

54 elmwood avenue, belfast, BT9 6AZ

Bank

-

Legal Advisor

-

maddan 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 maddan wind ltd.

maddan 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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maddan wind ltd Companies House Filings - See Documents

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