fairwind (orkney) ltd

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fairwind (orkney) ltd Company Information

Share FAIRWIND (ORKNEY) LTD

Company Number

SC229556

Shareholders

dennis s. gowland

ivan james craigie & jean craigie

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Group Structure

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Industry

Production of electricity

 

Registered Address

new horries deerness, orkney, KW17 2QL

fairwind (orkney) ltd Estimated Valuation

£9

Pomanda estimates the enterprise value of FAIRWIND (ORKNEY) LTD at £9 based on a Turnover of £5 and 1.7x industry multiple (adjusted for size and gross margin).

fairwind (orkney) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FAIRWIND (ORKNEY) LTD at £0 based on an EBITDA of £-644 and a 4.81x industry multiple (adjusted for size and gross margin).

fairwind (orkney) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FAIRWIND (ORKNEY) LTD at £0 based on Net Assets of £-26.4k and 2.63x industry multiple (adjusted for liquidity).

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Fairwind (orkney) Ltd Overview

Fairwind (orkney) Ltd is a live company located in orkney, KW17 2QL with a Companies House number of SC229556. It operates in the production of electricity sector, SIC Code 35110. Founded in March 2002, it's largest shareholder is dennis s. gowland with a 51% stake. Fairwind (orkney) Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £5.8 with declining growth in recent years.

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Fairwind (orkney) Ltd Health Check

Pomanda's financial health check has awarded Fairwind (Orkney) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £5.8, make it smaller than the average company (£1.7m)

£5.8 - Fairwind (orkney) Ltd

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (11.6%)

-5% - Fairwind (orkney) Ltd

11.6% - Industry AVG

production

Production

with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)

67.3% - Fairwind (orkney) Ltd

67.3% - Industry AVG

profitability

Profitability

an operating margin of -11087.3% make it less profitable than the average company (48.7%)

-11087.3% - Fairwind (orkney) Ltd

48.7% - Industry AVG

employees

Employees

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

1 - Fairwind (orkney) Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.4k, the company has an equivalent pay structure (£79.4k)

£79.4k - Fairwind (orkney) Ltd

£79.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.8, this is less efficient (£446.6k)

£5.8 - Fairwind (orkney) Ltd

£446.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fairwind (orkney) Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 191 days, this is slower than average (20 days)

191 days - Fairwind (orkney) Ltd

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fairwind (orkney) Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Fairwind (orkney) Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3997.9%, this is a higher level of debt than the average (86.8%)

3997.9% - Fairwind (orkney) Ltd

86.8% - Industry AVG

FAIRWIND (ORKNEY) LTD financials

EXPORTms excel logo

Fairwind (Orkney) Ltd's latest turnover from March 2024 is estimated at £6 and the company has net assets of -£26.4 thousand. According to their latest financial statements, we estimate that Fairwind (Orkney) Ltd has 1 employee and maintains cash reserves of £278 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover656776552,51163,51454,27755,53849,31445,53358,196
Other Income Or Grants
Cost Of Sales222332221,05331,43526,58328,87627,41727,35535,860
Gross Profit434444331,45832,07927,69426,66121,89718,17822,336
Admin Expenses6494814553593544464604471,89432,45128,21527,61122,83618,77941,464
Operating Profit-645-478-451-355-350-442-457-444-436-372-521-950-939-601-19,128
Interest Payable
Interest Receivable1512221132111
Pre-Tax Profit-630-466-449-355-350-440-456-443-433-370-520-950-939-600-19,127
Tax
Profit After Tax-630-466-449-355-350-440-456-443-433-370-520-950-939-600-19,127
Dividends Paid
Retained Profit-630-466-449-355-350-440-456-443-433-370-520-950-939-600-19,127
Employee Costs79,43772,16665,27660,29960,91959,58459,95060,40757,24351,73654,23856,28054,66153,38955,000
Number Of Employees111111111111111
EBITDA*-645-478-451-355-350-442-457-444-436-372-521-950-939-601-19,128

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other111111111111111
Debtors (Due After 1 year)
Total Fixed Assets111111111111111
Stock & work in progress
Trade Debtors1413048226328982,358
Group Debtors
Misc Debtors399357367378307237151149147200875
Cash27827827827827827827819659652228422315
misc current assets
total current assets6776356456565855154293457436635888248341,7732,673
total assets6786366466575865164303467446645898258351,7742,674
Bank overdraft
Bank loan
Trade Creditors 1111111148123,07022,62522,34121,40121,40121,701
Group/Directors Accounts24,23323,71723,18722,682
other short term finances
hp & lease commitments
other current liabilities27,10526,43325,97725,53988024,693450440420
total current liabilities27,10626,43425,97825,54025,11424,69424,16823,62823,58323,07022,62522,34121,40121,40121,701
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities27,10626,43425,97825,54025,11424,69424,16823,62823,58323,07022,62522,34121,40121,40121,701
net assets-26,428-25,798-25,332-24,883-24,528-24,178-23,738-23,282-22,839-22,406-22,036-21,516-20,566-19,627-19,027
total shareholders funds-26,428-25,798-25,332-24,883-24,528-24,178-23,738-23,282-22,839-22,406-22,036-21,516-20,566-19,627-19,027
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-645-478-451-355-350-442-457-444-436-372-521-950-939-601-19,128
Depreciation
Amortisation
Tax
Stock
Debtors42-10-11717086226-163-518-10-941-5852,358
Creditors-480-22,589445284940-30021,701
Accruals and Deferred Income67245643824,659-23,81324,2431020420
Deferred Taxes & Provisions
Cash flow from operations-15-12-224,233-24,23323,715-449-906-22,6112362812-316215
Investing Activities
capital expenditure
Change in Investments1
cash flow from investments-1
Financing Activities
Bank loans
Group/Directors Accounts-24,23324,233-23,71753050522,682
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest1512221132111
cash flow from financing15122-24,23324,233-23,71553150622,685211101
cash and cash equivalents
cash82-400742382822-315315
overdraft
change in cash82-400742382822-315315

fairwind (orkney) 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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Fairwind (orkney) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fairwind (orkney) ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in KW17 area or any other competitors across 12 key performance metrics.

fairwind (orkney) ltd Ownership

FAIRWIND (ORKNEY) LTD group structure

Fairwind (Orkney) Ltd has no subsidiary companies.

Ultimate parent company

FAIRWIND (ORKNEY) LTD

SC229556

FAIRWIND (ORKNEY) LTD Shareholders

dennis s. gowland 51%
ivan james craigie & jean craigie 47%
richard andrew land 2%

fairwind (orkney) ltd directors

Fairwind (Orkney) Ltd currently has 1 director, Mr Dennis Gowland serving since Mar 2003.

officercountryagestartendrole
Mr Dennis GowlandScotland72 years Mar 2003- Director

P&L

March 2024

turnover

5.8

+17%

operating profit

-644.6

0%

gross margin

67.3%

-2.97%

turnover

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

Balance Sheet

March 2024

net assets

-26.4k

+0.02%

total assets

678

+0.07%

cash

278

0%

net assets

Total assets minus all liabilities

fairwind (orkney) ltd company details

company number

SC229556

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

March 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

A J B SCHOLES LTD

auditor

-

address

new horries deerness, orkney, KW17 2QL

Bank

-

Legal Advisor

-

fairwind (orkney) 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 found 1 charges/mortgages relating to fairwind (orkney) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

fairwind (orkney) 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.

Click to start generating capital raising & share issue transactions for FAIRWIND (ORKNEY) LTD. This can take several minutes, an email will notify you when this has completed.

fairwind (orkney) ltd Companies House Filings - See Documents

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