scottishpower energy retail limited

scottishpower energy retail limited Company Information

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Company Number

SC190287

Industry

Transmission of electricity

 

Distribution of gaseous fuels through mains

 

Directors

Valerie Sim

Andrew Ward

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Shareholders

scottish power retail holdings limited

Group Structure

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Contact

Registered Address

320 st. vincent street, glasgow, G2 5AD

scottishpower energy retail limited Estimated Valuation

£19.4b

Pomanda estimates the enterprise value of SCOTTISHPOWER ENERGY RETAIL LIMITED at £19.4b based on a Turnover of £7.6b and 2.55x industry multiple (adjusted for size and gross margin).

scottishpower energy retail limited Estimated Valuation

£4.6b

Pomanda estimates the enterprise value of SCOTTISHPOWER ENERGY RETAIL LIMITED at £4.6b based on an EBITDA of £611.8m and a 7.51x industry multiple (adjusted for size and gross margin).

scottishpower energy retail limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SCOTTISHPOWER ENERGY RETAIL LIMITED at £0 based on Net Assets of £-54.2m and 2.75x industry multiple (adjusted for liquidity).

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Scottishpower Energy Retail Limited Overview

Scottishpower Energy Retail Limited is a live company located in glasgow, G2 5AD with a Companies House number of SC190287. It operates in the transmission of electricity sector, SIC Code 35120. Founded in October 1998, it's largest shareholder is scottish power retail holdings limited with a 100% stake. Scottishpower Energy Retail Limited is a mature, mega sized company, Pomanda has estimated its turnover at £7.6b with high growth in recent years.

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Scottishpower Energy Retail Limited Health Check

Pomanda's financial health check has awarded Scottishpower Energy Retail Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £7.6b, make it larger than the average company (£21.7m)

£7.6b - Scottishpower Energy Retail Limited

£21.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (11.9%)

27% - Scottishpower Energy Retail Limited

11.9% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (34.4%)

19% - Scottishpower Energy Retail Limited

34.4% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it less profitable than the average company (24.9%)

6.9% - Scottishpower Energy Retail Limited

24.9% - Industry AVG

employees

Employees

with 925 employees, this is above the industry average (38)

925 - Scottishpower Energy Retail Limited

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £68k, the company has an equivalent pay structure (£71.5k)

£68k - Scottishpower Energy Retail Limited

£71.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £8.2m, this is more efficient (£986.2k)

£8.2m - Scottishpower Energy Retail Limited

£986.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is later than average (17 days)

45 days - Scottishpower Energy Retail Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is close to average (13 days)

13 days - Scottishpower Energy Retail Limited

13 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 14 days, this is more than average (5 days)

14 days - Scottishpower Energy Retail Limited

5 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)

0 weeks - Scottishpower Energy Retail Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 102.8%, this is a higher level of debt than the average (84%)

102.8% - Scottishpower Energy Retail Limited

84% - Industry AVG

SCOTTISHPOWER ENERGY RETAIL LIMITED financials

EXPORTms excel logo

Scottishpower Energy Retail Limited's latest turnover from December 2023 is £7.6 billion and the company has net assets of -£54.2 million. According to their latest financial statements, Scottishpower Energy Retail Limited has 925 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover7,610,600,0006,346,400,0004,009,400,0003,693,200,0003,875,600,0003,883,600,0003,770,100,0003,712,000,0003,812,800,0003,956,000,0004,133,300,0003,818,200,0003,377,900,0003,454,400,0003,625,200,000
Other Income Or Grants00-3,541,800,000000000000000
Cost Of Sales6,161,300,0005,979,500,00003,020,100,0003,300,300,0003,166,800,0003,152,300,0002,999,100,0002,462,095,4682,414,029,2383,006,490,0352,639,341,0762,477,312,0212,498,496,4532,900,160,000
Gross Profit1,449,300,000366,900,000467,600,000673,100,000575,300,000716,800,000617,800,000712,900,0001,350,704,5321,541,970,7621,126,809,9651,178,858,924900,587,979955,903,547725,040,000
Admin Expenses923,700,000690,000,000773,000,000734,200,000656,100,000575,400,000641,100,000602,500,0001,156,704,5321,337,470,762966,609,9651,012,058,924922,887,979875,003,547582,140,000
Operating Profit525,600,000-323,100,000-305,400,000-61,100,000-80,800,000141,400,000-23,300,000110,400,000194,000,000204,500,000160,200,000166,800,000-22,300,00080,900,000142,900,000
Interest Payable1,400,000200,000400,000800,000100,000100,0000600,000600,0003,600,000200,000000100,000
Interest Receivable32,000,000500,000400,0001,000,0003,400,0003,500,0003,900,0004,400,0007,700,0008,500,0007,400,0007,700,0008,100,00013,700,0004,500,000
Pre-Tax Profit556,600,000-322,800,000-305,400,000-60,900,000-77,500,000145,000,000-19,200,000114,000,000202,100,000209,400,000167,500,000174,500,000-14,200,00094,600,000147,300,000
Tax-122,000,00064,700,00056,300,00010,600,00015,400,000-28,500,0004,400,000-22,000,000-44,600,000-44,100,000-33,000,000-45,700,000-1,100,000-26,700,000-41,800,000
Profit After Tax434,600,000-258,100,000-249,100,000-50,300,000-62,100,000116,500,000-14,800,00092,000,000157,500,000165,300,000134,500,000128,800,000-15,300,00067,900,000105,500,000
Dividends Paid0000080,000,00040,000,000280,000,0000110,000,000170,000,00040,000,000080,000,000100,000,000
Retained Profit434,600,000-258,100,000-249,100,000-50,300,000-62,100,00036,500,000-54,800,000-188,000,000157,500,00055,300,000-35,500,00088,800,000-15,300,000-12,100,0005,500,000
Employee Costs62,900,00072,600,00091,600,00069,300,00095,800,00074,900,00082,700,00086,300,00068,200,00055,200,000105,900,00074,200,00088,600,00083,400,00077,100,000
Number Of Employees9251,1571,2641,3441,4091,4851,4761,4731,5411,9292,1722,3682,6862,8752,513
EBITDA*611,800,000-210,000,000-188,300,00040,000,0002,200,000195,600,00030,600,000160,800,000240,700,000238,400,000164,800,000169,600,000-21,200,00081,900,000143,900,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets130,400,000183,800,000171,500,000160,700,000233,100,000194,300,000176,400,000153,400,00089,500,00060,700,00061,600,00065,000,00042,000,00047,700,00032,300,000
Intangible Assets88,500,000115,300,000178,900,000191,600,000204,800,000186,900,000107,600,000131,700,000152,400,000170,600,000178,500,000138,500,000000
Investments & Other0000000100,000100,000100,000100,000100,000100,000100,000100,000
Debtors (Due After 1 year)025,700,00019,900,0008,600,00081,200,00055,800,00039,100,00037,800,00038,200,00019,400,00028,900,00031,200,00013,200,00017,700,0000
Total Fixed Assets218,900,000282,600,000350,400,000352,300,000437,900,000381,200,000284,000,000285,100,000241,900,000231,300,000240,100,000203,500,00042,000,00047,700,00032,300,000
Stock & work in progress237,800,000257,400,000190,400,000190,500,000240,900,000223,800,000234,300,000143,400,0000000000
Trade Debtors944,600,000995,600,000665,900,000638,600,000714,200,000638,500,000689,100,000572,300,000599,000,0001,117,100,000379,700,000322,900,000358,000,000329,600,000361,400,000
Group Debtors458,300,000592,000,000156,500,00093,900,00053,900,000215,300,000201,000,000326,100,000407,000,0000246,600,000225,600,000272,200,000492,200,000359,100,000
Misc Debtors69,000,000148,400,00027,200,00011,100,0001,100,000800,0001,400,000500,00030,500,000000000
Cash3,300,0007,200,0007,300,0004,600,0005,800,0003,200,0002,600,000900,0003,000,000700,000500,000800,0001,500,000100,0000
misc current assets0000000000001,600,00000
total current assets1,713,000,0002,065,100,0001,108,900,000946,300,0001,020,300,0001,081,600,0001,128,400,0001,043,200,0001,039,500,0001,117,800,000626,800,000549,300,000633,300,000821,900,000720,500,000
total assets1,931,900,0002,347,700,0001,459,300,0001,298,600,0001,458,200,0001,462,800,0001,412,400,0001,328,300,0001,281,400,0001,349,100,000866,900,000752,800,000675,300,000869,600,000752,800,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 224,000,000170,200,000152,100,000173,200,000157,700,000151,200,000735,200,000131,100,000738,200,0001,104,300,000530,700,000461,300,000390,300,00097,700,00075,600,000
Group/Directors Accounts000000000000000
other short term finances00100,00087,500,000100,500,0000000400,000200,0000004,700,000
hp & lease commitments100,000100,000300,000200,000200,0000000000000
other current liabilities1,749,900,0002,654,500,0001,462,000,000957,300,0001,068,600,0001,112,600,000564,600,0001,030,200,000188,800,00049,300,000200,800,000122,400,000204,300,000675,900,000565,000,000
total current liabilities1,974,000,0002,824,800,0001,614,500,0001,218,200,0001,327,000,0001,263,800,0001,299,800,0001,161,300,000927,000,0001,154,000,000731,700,000583,700,000594,600,000773,600,000645,300,000
loans4,200,0000200,000400,000400,00000000100,00000700,0000
hp & lease commitments100,0000100,000200,000200,0000000000000
Accruals and Deferred Income00000100,000100,000100,00000000500,000600,000
other liabilities01,000,000900,000700,0001,100,0001,800,0001,000,000800,0001,400,000300,000300,000300,000600,00000
provisions20,000,00020,600,00051,200,00024,200,00024,400,00034,600,00017,400,00017,000,00014,400,00013,400,0003,600,0000000
total long term liabilities12,100,00011,300,00026,600,00013,000,00013,500,00019,200,0009,800,0009,400,0008,600,0007,000,0002,200,000300,000600,0001,200,000600,000
total liabilities1,986,100,0002,836,100,0001,641,100,0001,231,200,0001,340,500,0001,283,000,0001,309,600,0001,170,700,000935,600,0001,161,000,000733,900,000584,000,000595,200,000774,800,000645,900,000
net assets-54,200,000-488,400,000-181,800,00067,400,000117,700,000179,800,000102,800,000157,600,000345,800,000188,100,000133,000,000168,800,00080,100,00094,800,000106,900,000
total shareholders funds-54,200,000-488,400,000-181,800,00067,400,000117,700,000179,800,000102,800,000157,600,000345,800,000188,100,000133,000,000168,800,00080,100,00094,800,000106,900,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit525,600,000-323,100,000-305,400,000-61,100,000-80,800,000141,400,000-23,300,000110,400,000194,000,000204,500,000160,200,000166,800,000-22,300,00080,900,000142,900,000
Depreciation16,800,00017,000,00015,700,000101,100,00014,300,00012,200,00010,700,0009,300,0007,800,0005,900,0004,600,0002,800,0001,100,0001,000,0001,000,000
Amortisation69,400,00096,100,000101,400,000068,700,00042,000,00043,200,00041,100,00038,900,00028,000,00000000
Tax-122,000,00064,700,00056,300,00010,600,00015,400,000-28,500,0004,400,000-22,000,000-44,600,000-44,100,000-33,000,000-45,700,000-1,100,000-26,700,000-41,800,000
Stock-19,600,00067,000,000-100,000-50,400,00017,100,000-10,500,00090,900,000143,400,0000000000
Debtors-289,800,000892,200,000117,300,000-98,200,000-60,000,000-20,200,000-6,100,000-138,000,000-61,800,000481,300,00075,500,000-63,700,000-196,100,000119,000,000720,500,000
Creditors53,800,00018,100,000-21,100,00015,500,0006,500,000-584,000,000604,100,000-607,100,000-366,100,000573,600,00069,400,00071,000,000292,600,00022,100,00075,600,000
Accruals and Deferred Income-904,600,0001,192,500,000504,700,000-111,300,000-44,100,000548,000,000-465,600,000841,500,000139,500,000-151,500,00078,400,000-81,900,000-472,100,000110,800,000565,600,000
Deferred Taxes & Provisions-600,000-30,600,00027,000,000-200,000-10,200,00017,200,000400,0002,600,0001,000,0009,800,0003,600,0000000
Cash flow from operations-52,200,00075,500,000261,400,000103,200,00012,700,000179,000,00089,100,000370,400,00032,300,000144,900,000207,700,000176,700,000-5,700,00069,100,00022,800,000
Investing Activities
capital expenditure-6,000,000-61,800,000-115,200,000-15,500,000-139,700,000-151,400,000-52,800,000-93,600,000-57,300,000-25,100,000-41,200,000-164,300,0004,600,000-16,400,000-33,300,000
Change in Investments000000-100,0000000000100,000
cash flow from investments-6,000,000-61,800,000-115,200,000-15,500,000-139,700,000-151,400,000-52,700,000-93,600,000-57,300,000-25,100,000-41,200,000-164,300,0004,600,000-16,400,000-33,400,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 0-100,000-87,400,000-13,000,000100,500,000000-400,000200,000200,00000-4,700,0004,700,000
Long term loans4,200,000-200,000-200,0000400,0000000-100,000100,0000-700,000700,0000
Hire Purchase and Lease Commitments100,000-300,00000400,0000000000000
other long term liabilities-1,000,000100,000200,000-400,000-700,000800,000200,000-600,0001,100,00000-300,000600,00000
share issue-400,000-48,500,000-100,0000040,500,0000-200,000200,000-200,000-300,000-100,000600,0000101,400,000
interest30,600,000300,0000200,0003,300,0003,400,0003,900,0003,800,0007,100,0004,900,0007,200,0007,700,0008,100,00013,700,0004,400,000
cash flow from financing33,500,000-48,700,000-87,500,000-13,200,000103,900,00044,700,0004,100,0003,000,0008,000,0004,800,0007,200,0007,300,0008,600,0009,700,000110,500,000
cash and cash equivalents
cash-3,900,000-100,0002,700,000-1,200,0002,600,000600,0001,700,000-2,100,0002,300,000200,000-300,000-700,0001,400,000100,0000
overdraft000000000000000
change in cash-3,900,000-100,0002,700,000-1,200,0002,600,000600,0001,700,000-2,100,0002,300,000200,000-300,000-700,0001,400,000100,0000

scottishpower energy retail limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Scottishpower Energy Retail Limited Competitor Analysis

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Perform a competitor analysis for scottishpower energy retail limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in G 2 area or any other competitors across 12 key performance metrics.

scottishpower energy retail limited Ownership

SCOTTISHPOWER ENERGY RETAIL LIMITED group structure

Scottishpower Energy Retail Limited has no subsidiary companies.

Ultimate parent company

IBERDROLA SA

#0055172

2 parents

SCOTTISHPOWER ENERGY RETAIL LIMITED

SC190287

SCOTTISHPOWER ENERGY RETAIL LIMITED Shareholders

scottish power retail holdings limited 100%

scottishpower energy retail limited directors

Scottishpower Energy Retail Limited currently has 3 directors. The longest serving directors include Miss Valerie Sim (Apr 2017) and Mr Andrew Ward (Feb 2020).

officercountryagestartendrole
Miss Valerie SimScotland55 years Apr 2017- Director
Mr Andrew WardScotland50 years Feb 2020- Director
Mr Andrew WardUnited Kingdom50 years Feb 2020- Director

P&L

December 2023

turnover

7.6b

+20%

operating profit

525.6m

-263%

gross margin

19.1%

+229.4%

turnover

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

Balance Sheet

December 2023

net assets

-54.2m

-0.89%

total assets

1.9b

-0.18%

cash

3.3m

-0.54%

net assets

Total assets minus all liabilities

scottishpower energy retail limited company details

company number

SC190287

Type

Private limited with Share Capital

industry

35120 - Transmission of electricity

35220 - Distribution of gaseous fuels through mains

incorporation date

October 1998

age

27

incorporated

UK

ultimate parent company

IBERDROLA SA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

scottishpower energy supply limited (May 2001)

randotte (no. 464) limited (December 1998)

accountant

-

auditor

KPMG LLP

address

320 st. vincent street, glasgow, G2 5AD

Bank

-

Legal Advisor

-

scottishpower energy retail 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 did not find charges/mortgages relating to scottishpower energy retail limited.

scottishpower energy retail 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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scottishpower energy retail limited Companies House Filings - See Documents

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