m.e.g. renewables limited

Dissolved 

m.e.g. renewables limited Company Information

Share M.E.G. RENEWABLES LIMITED

Company Number

SC232635

Shareholders

mackays stores group limited

Group Structure

View All

Industry

Production of electricity

 

Registered Address

lochlea farm craigie, kilmarnock, KA1 5NN

m.e.g. renewables limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.E.G. RENEWABLES LIMITED at £0 based on a Turnover of £0 and 1.53x industry multiple (adjusted for size and gross margin).

m.e.g. renewables limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.E.G. RENEWABLES LIMITED at £0 based on an EBITDA of £-23.1k and a 4.34x industry multiple (adjusted for size and gross margin).

m.e.g. renewables limited Estimated Valuation

£0

Pomanda estimates the enterprise value of M.E.G. RENEWABLES LIMITED at £0 based on Net Assets of £0 and 2.63x industry multiple (adjusted for liquidity).

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M.e.g. Renewables Limited Overview

M.e.g. Renewables Limited is a dissolved company that was located in kilmarnock, KA1 5NN with a Companies House number of SC232635. It operated in the production of electricity sector, SIC Code 35110. Founded in June 2002, it's largest shareholder was mackays stores group limited with a 100% stake. The last turnover for M.e.g. Renewables Limited was estimated at £0.

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M.e.g. Renewables Limited Health Check

There is insufficient data available to calculate a health check for M.E.G. Renewables Limited. Company Health Check FAQs

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Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

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production

Production

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profitability

Profitability

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employees

Employees

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paystructure

Pay Structure

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efficiency

Efficiency

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debtordays

Debtor Days

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Creditor Days

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stockdays

Stock Days

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cashbalance

Cash Balance

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debtlevel

Debt Level

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M.E.G. RENEWABLES LIMITED financials

EXPORTms excel logo

M.E.G. Renewables Limited's latest turnover from February 2022 is estimated at 0 and the company has net assets of 0. According to their latest financial statements, we estimate that M.E.G. Renewables Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover23,50736,332129,41875,80820,919
Other Income Or Grants
Cost Of Sales
Gross Profit23,50736,332129,41875,80820,919
Admin Expenses23,078-719,5122,71712,580133,903133,083117,921119,849260,325215,089139,738
Operating Profit-23,078719,51220,79023,752-4,485-57,275-97,002-119,849-260,325-215,089-139,738
Interest Payable20,50628,72329,20824,10329,13519,81112,392
Interest Receivable60
Pre-Tax Profit-23,018719,512101,288-4,971-33,693-81,726-110,517-139,329-272,717-215,089-139,738
Tax1,8716505,77418,43620,76937,13445,22439,34130,799
Profit After Tax-23,018719,512103,159-4,321-27,919-63,290-89,748-102,195-227,493-175,748-108,939
Dividends Paid
Retained Profit-23,018719,512103,159-4,321-27,919-63,290-89,748-102,195-227,493-175,748-108,939
Employee Costs64,52760,00061,60360,75359,97653,49659,14058,42755,664
Number Of Employees1111111111
EBITDA*-23,078719,51220,79027,034884-51,860-91,452-113,133-251,916-209,745-136,358

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets3,2828,65114,066141,26018,82812,03716,507
Intangible Assets
Investments & Other2294,25994,25794,25794,25711
Debtors (Due After 1 year)
Total Fixed Assets2297,541102,908108,323235,51718,82912,03816,507
Stock & work in progress
Trade Debtors
Group Debtors21295,007532,880547,965529,527508,758241,718196,49430,800
Misc Debtors40,80250,5533008,403
Cash23,99623,99710595,646
misc current assets94,259
total current assets23,99823,998389,371628,526547,965570,329559,311241,718196,79439,203
total assets24,00024,000389,371726,067650,873678,652794,828260,547208,83255,710
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts981720,4931,189,0231,518,2031,415,7321,379,7291,409,017765,005492,093162,280
other short term finances
hp & lease commitments
other current liabilities3,1952,5533,0451857,7211,4252,368
total current liabilities981720,4931,189,0231,521,3981,418,2851,382,7741,409,202772,726493,518164,648
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities981720,4931,189,0231,521,3981,418,2851,382,7741,409,202772,726493,518164,648
net assets23,019-696,493-799,652-795,331-767,412-704,122-614,374-512,179-284,686-108,938
total shareholders funds23,019-696,493-799,652-795,331-767,412-704,122-614,374-512,179-284,686-108,938
Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-23,078719,51220,79023,752-4,485-57,275-97,002-119,849-260,325-215,089-139,738
Depreciation3,2825,3695,4155,5506,7168,4095,3443,380
Amortisation
Tax1,8716505,77418,43620,76937,13445,22439,34130,799
Stock
Debtors-21-295,006-237,873-15,085-22,36411,018317,59344,924157,59139,203
Creditors
Accruals and Deferred Income-3,195642-4922,860-7,5366,296-9432,368
Deferred Taxes & Provisions
Cash flow from operations-23,076719,511317,667262,36222,385-11,552-78,841-401,128-245,320-328,938-142,394
Investing Activities
capital expenditure121,644-129,148-15,200-874-19,887
Change in Investments-22-94,259294,2561
cash flow from investments2-294,259-2121,644-223,404-15,200-875-19,887
Financing Activities
Bank loans
Group/Directors Accounts-981-719,512-468,530-329,180102,47136,003-29,288644,012272,912329,813162,280
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest60-20,506-28,723-29,208-24,103-29,135-19,811-12,392
cash flow from financing-922-719,512-489,036-357,90373,26311,900-58,423624,201260,520329,813162,281
cash and cash equivalents
cash-23,996-123,892-95,54195,646
overdraft
change in cash-23,996-123,892-95,54195,646

m.e.g. renewables limited 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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M.e.g. Renewables Limited Competitor Analysis

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Perform a competitor analysis for m.e.g. renewables limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other undefined companies, companies in KA1 area or any other competitors across 12 key performance metrics.

m.e.g. renewables limited Ownership

M.E.G. RENEWABLES LIMITED group structure

M.E.G. Renewables Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

M.E.G. RENEWABLES LIMITED

SC232635

2 subsidiaries

M.E.G. RENEWABLES LIMITED Shareholders

mackays stores group limited 100%

m.e.g. renewables limited directors

M.E.G. Renewables Limited currently has 2 directors. The longest serving directors include Mr Neil McGeoch (Dec 2010) and Mr Andrew McGeoch (Aug 2020).

officercountryagestartendrole
Mr Neil McGeochScotland47 years Dec 2010- Director
Mr Andrew McGeochScotland45 years Aug 2020- Director

P&L

February 2022

turnover

0

0%

operating profit

-23.1k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

February 2022

net assets

0

-1%

total assets

0

-1%

cash

0

-1%

net assets

Total assets minus all liabilities

m.e.g. renewables limited company details

company number

SC232635

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

June 2002

age

23

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

February 2022

previous names

mackays financial services limited (January 2011)

mountwest 421 limited (June 2002)

accountant

-

auditor

-

address

lochlea farm craigie, kilmarnock, KA1 5NN

Bank

-

Legal Advisor

-

m.e.g. renewables 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 found 8 charges/mortgages relating to m.e.g. renewables limited. Currently there are 0 open charges and 8 have been satisfied in the past.

m.e.g. renewables 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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m.e.g. renewables limited Companies House Filings - See Documents

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