solar loop ltd
solar loop ltd Company Information
Company Number
NI684494
Website
-Registered Address
62 dromara road, dundrum, newcastle, BT33 0NS
Industry
Other construction installation
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
premier electrical group limited 33.3%
c h p mechanical services ltd 33.3%
View Allsolar loop ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLAR LOOP LTD at £837.9k based on a Turnover of £2.5m and 0.33x industry multiple (adjusted for size and gross margin).
solar loop ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLAR LOOP LTD at £0 based on an EBITDA of £-3.7k and a 3.8x industry multiple (adjusted for size and gross margin).
solar loop ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLAR LOOP LTD at £488 based on Net Assets of £147 and 3.32x industry multiple (adjusted for liquidity).
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Solar Loop Ltd Overview
Solar Loop Ltd is a live company located in newcastle, BT33 0NS with a Companies House number of NI684494. It operates in the other construction installation sector, SIC Code 43290. Founded in December 2021, it's largest shareholder is premier electrical group limited with a 33.3% stake. Solar Loop Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.5m with unknown growth in recent years.
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Solar Loop Ltd Health Check
Pomanda's financial health check has awarded Solar Loop Ltd a 2.5 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 £2.5m, make it larger than the average company (£1.3m)
- Solar Loop Ltd
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Solar Loop Ltd
- - Industry AVG
Production
with a gross margin of 16%, this company has a higher cost of product (26.7%)
- Solar Loop Ltd
26.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.1%)
- Solar Loop Ltd
5.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (10)
4 - Solar Loop Ltd
10 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Solar Loop Ltd
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £633.5k, this is more efficient (£171k)
- Solar Loop Ltd
£171k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (59 days)
- Solar Loop Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (39 days)
- Solar Loop Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solar Loop Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (22 weeks)
12 weeks - Solar Loop Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (67%)
100% - Solar Loop Ltd
67% - Industry AVG
SOLAR LOOP LTD financials
Solar Loop Ltd's latest turnover from December 2022 is estimated at £2.5 million and the company has net assets of £147. According to their latest financial statements, Solar Loop Ltd has 4 employees and maintains cash reserves of £204.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | |
|---|---|
| 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 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 674,302 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 204,835 |
| misc current assets | 0 |
| total current assets | 879,137 |
| total assets | 879,137 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 878,990 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 878,990 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 878,990 |
| net assets | 147 |
| total shareholders funds | 147 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 674,302 |
| Creditors | 878,990 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 204,835 |
| overdraft | 0 |
| change in cash | 204,835 |
solar loop ltd Credit Report and Business Information
Solar Loop Ltd Competitor Analysis
Perform a competitor analysis for solar loop ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
solar loop ltd Ownership
SOLAR LOOP LTD group structure
Solar Loop Ltd has no subsidiary companies.
Ultimate parent company
SOLAR LOOP LTD
NI684494
solar loop ltd directors
Solar Loop Ltd currently has 5 directors. The longest serving directors include Mr Brendan O Connor (Dec 2021) and Mr David McAteer (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendan O Connor | Northern Ireland | 52 years | Dec 2021 | - | Director |
| Mr David McAteer | Northern Ireland | 40 years | Dec 2021 | - | Director |
| Mr John Smyth | Northern Ireland | 47 years | Dec 2021 | - | Director |
| Mr Thomas Walsh | Northern Ireland | 46 years | Dec 2021 | - | Director |
| Mr Michael O'Donnell | Northern Ireland | 39 years | Oct 2023 | - | Director |
P&L
December 2022turnover
2.5m
0%
operating profit
-3.7k
0%
gross margin
16.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
147
0%
total assets
879.1k
0%
cash
204.8k
0%
net assets
Total assets minus all liabilities
Similar Companies
solar loop ltd company details
company number
NI684494
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
December 2021
age
3
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
62 dromara road, dundrum, newcastle, BT33 0NS
last accounts submitted
December 2022
solar loop 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 solar loop ltd.
solar loop ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
