haddo energy limited

haddo energy limited Company Information

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EstablishedMidHealthy

Company Number

SC348211

Industry

Production of electricity

 

Shareholders

ernest john mclean lee

Group Structure

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Contact

Registered Address

haddo methlick, ellon, AB41 7DX

Website

-

haddo energy limited Estimated Valuation

£16.7m

Pomanda estimates the enterprise value of HADDO ENERGY LIMITED at £16.7m based on a Turnover of £9.4m and 1.78x industry multiple (adjusted for size and gross margin).

haddo energy limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of HADDO ENERGY LIMITED at £4.5m based on an EBITDA of £845.7k and a 5.26x industry multiple (adjusted for size and gross margin).

haddo energy limited Estimated Valuation

£11m

Pomanda estimates the enterprise value of HADDO ENERGY LIMITED at £11m based on Net Assets of £3.9m and 2.84x industry multiple (adjusted for liquidity).

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Haddo Energy Limited Overview

Haddo Energy Limited is a live company located in ellon, AB41 7DX with a Companies House number of SC348211. It operates in the production of electricity sector, SIC Code 35110. Founded in September 2008, it's largest shareholder is ernest john mclean lee with a 100% stake. Haddo Energy Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.4m with healthy growth in recent years.

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Haddo Energy Limited Health Check

Pomanda's financial health check has awarded Haddo Energy Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £9.4m, make it larger than the average company (£1.6m)

£9.4m - Haddo Energy Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9%)

9% - Haddo Energy Limited

9% - Industry AVG

production

Production

with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)

70.1% - Haddo Energy Limited

70.1% - Industry AVG

profitability

Profitability

an operating margin of 5.8% make it less profitable than the average company (50.4%)

5.8% - Haddo Energy Limited

50.4% - Industry AVG

employees

Employees

with 23 employees, this is above the industry average (2)

23 - Haddo Energy Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.1k, the company has an equivalent pay structure (£67.1k)

£67.1k - Haddo Energy Limited

£67.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £406.9k, this is equally as efficient (£421.1k)

£406.9k - Haddo Energy Limited

£421.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is later than average (14 days)

21 days - Haddo Energy Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is slower than average (21 days)

37 days - Haddo Energy Limited

21 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (16 days)

5 days - Haddo Energy Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (11 weeks)

8 weeks - Haddo Energy Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.3%, this is a lower level of debt than the average (88.2%)

14.3% - Haddo Energy Limited

88.2% - Industry AVG

HADDO ENERGY LIMITED financials

EXPORTms excel logo

Haddo Energy Limited's latest turnover from September 2023 is estimated at £9.4 million and the company has net assets of £3.9 million. According to their latest financial statements, we estimate that Haddo Energy Limited has 23 employees and maintains cash reserves of £45 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover9,358,8468,096,4204,245,3847,309,9223,625,3902,952,3263,777,8143,635,6214,638,6422,943,1255,293,6993,333,4412,923,37611,422,6900
Other Income Or Grants000000000000000
Cost Of Sales2,801,9362,864,1591,736,5893,065,0041,448,0261,201,9431,806,2281,626,7092,230,9661,280,1962,601,2461,712,9761,756,2966,695,8230
Gross Profit6,556,9115,232,2612,508,7954,244,9182,177,3641,750,3831,971,5862,008,9112,407,6751,662,9292,692,4521,620,4651,167,0804,726,8670
Admin Expenses6,012,9724,792,4932,596,0233,982,2171,809,8391,491,6021,584,0751,504,4061,013,1821,088,7662,167,7741,052,6111,027,7654,736,4151,317
Operating Profit543,939439,768-87,228262,701367,525258,781387,511504,5051,394,493574,163524,678567,854139,315-9,548-1,317
Interest Payable000018,26038,00646,58774,595133,027179,646199,213219,200114,74800
Interest Receivable2,1467,5004221202732,2381,4601,7723,4633,1322,9941,96664111
Pre-Tax Profit546,085447,268-86,806262,821349,538223,014342,384431,6831,264,929397,649328,458350,62025,208-9,547-1,316
Tax-136,521-84,9810-49,936-66,412-42,373-65,053-86,336-252,986-83,506-75,545-84,149-6,55400
Profit After Tax409,564362,287-86,806212,885283,126180,641277,331345,3461,011,943314,143252,913266,47118,654-9,547-1,316
Dividends Paid000000000000000
Retained Profit409,564362,287-86,806212,885283,126180,641277,331345,3461,011,943314,143252,913266,47118,654-9,547-1,316
Employee Costs1,542,1511,835,313959,6661,478,962713,560637,633933,333643,739764,497557,008940,389503,375389,2781,755,3330
Number Of Employees232916251211161114101697320
EBITDA*845,654740,183199,608548,612651,369542,897668,712781,8211,671,809851,479801,994845,170231,447-9,548-1,317

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets3,845,5434,087,8842,721,8882,984,1243,270,0353,533,3793,817,4954,067,6164,344,9324,622,2484,899,5645,176,8805,435,78300
Intangible Assets000000000000000
Investments & Other21,70621,7060000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,867,2494,109,5902,721,8882,984,1243,270,0353,533,3793,817,4954,067,6164,344,9324,622,2484,899,5645,176,8805,435,78300
Stock & work in progress39,90045,1220000000000000
Trade Debtors561,532509,484310,485599,772404,601316,273341,716254,852376,240227,325370,084279,711249,3251,374,83197,958
Group Debtors000000000000000
Misc Debtors000000000000000
Cash45,01136,740629,950213,69425,91646,812550,011618,022799,899585,107667,688529,866256,445105222
misc current assets000000000000000
total current assets646,443591,346940,435813,466430,517363,085891,727872,8741,176,139812,4321,037,772809,577505,7701,374,93698,180
total assets4,513,6924,700,9363,662,3233,797,5903,700,5523,896,4644,709,2224,940,4905,521,0715,434,6805,937,3365,986,4575,941,5531,374,93698,180
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 290,850859,751159,066181,780272,666200,950523,894726,406893,501483,8981,021,293468,450446,746769,00099,494
Group/Directors Accounts000000000000000
other short term finances00000541,031000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities290,850859,751159,066181,780272,666741,981523,894726,406893,501483,8981,021,293468,450446,746769,00099,494
loans000000585,065905,7171,481,3162,611,8212,915,7413,213,9043,530,71500
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000617,096584,716799,5861,257,2221,311,2531,931,1951,924,274616,7970
provisions355,207383,114407,473433,220458,181467,904477,229495,044463,407210,421131,87468,6462,02700
total long term liabilities355,207383,114407,473433,220458,181467,9041,679,3901,985,4772,744,3094,079,4644,358,8685,213,7455,457,016616,7970
total liabilities646,0571,242,865566,539615,000730,8471,209,8852,203,2842,711,8833,637,8104,563,3625,380,1615,682,1955,903,7621,385,79799,494
net assets3,867,6353,458,0713,095,7843,182,5902,969,7052,686,5792,505,9382,228,6071,883,261871,318557,175304,26237,791-10,861-1,314
total shareholders funds3,867,6353,458,0713,095,7843,182,5902,969,7052,686,5792,505,9382,228,6071,883,261871,318557,175304,26237,791-10,861-1,314
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit543,939439,768-87,228262,701367,525258,781387,511504,5051,394,493574,163524,678567,854139,315-9,548-1,317
Depreciation301,715300,415286,836285,911283,844284,116281,201277,316277,316277,316277,316277,31692,13200
Amortisation000000000000000
Tax-136,521-84,9810-49,936-66,412-42,373-65,053-86,336-252,986-83,506-75,545-84,149-6,55400
Stock-5,22245,1220000000000000
Debtors52,048198,999-289,287195,17188,328-25,44386,864-121,388148,915-142,75990,37330,386-1,125,5061,276,87397,958
Creditors-568,901700,685-22,714-90,88671,716-322,944-202,512-167,095409,603-537,395552,84321,704-322,254669,50699,494
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions-27,907-24,359-25,747-24,961-9,723-9,325-17,81531,637252,98678,54763,22866,6192,02700
Cash flow from operations65,4991,087,407440,434187,658558,622193,698296,468681,4151,932,497451,8841,252,147818,9581,030,172-616,915219
Investing Activities
capital expenditure-59,374-1,666,411-24,6000-20,5000-31,0800000-18,413-5,527,91500
Change in Investments021,7060000000000000
cash flow from investments-59,374-1,688,117-24,6000-20,5000-31,0800000-18,413-5,527,91500
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 0000-541,031541,031000000000
Long term loans00000-585,065-320,652-575,599-1,130,505-303,920-298,163-316,8113,530,71500
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000-617,09632,380-214,870-457,636-54,031-619,9426,9211,307,477616,7970
share issue00000000000029,99802
interest2,1467,500422120-17,987-35,768-45,127-72,823-129,564-176,514-196,219-217,234-114,10711
cash flow from financing2,1467,500422120-559,018-696,898-333,399-863,292-1,717,705-534,465-1,114,324-527,1244,754,083616,7983
cash and cash equivalents
cash8,271-593,210416,256187,778-20,896-503,199-68,011-181,877214,792-82,581137,822273,421256,340-117222
overdraft000000000000000
change in cash8,271-593,210416,256187,778-20,896-503,199-68,011-181,877214,792-82,581137,822273,421256,340-117222

haddo energy 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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Haddo Energy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for haddo energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in AB41 area or any other competitors across 12 key performance metrics.

haddo energy limited Ownership

HADDO ENERGY LIMITED group structure

Haddo Energy Limited has no subsidiary companies.

Ultimate parent company

HADDO ENERGY LIMITED

SC348211

HADDO ENERGY LIMITED Shareholders

ernest john mclean lee 100%

haddo energy limited directors

Haddo Energy Limited currently has 2 directors. The longest serving directors include Mr Ernest Lee (Sep 2008) and Mrs Patricia Lee (Dec 2021).

officercountryagestartendrole
Mr Ernest LeeUnited Kingdom69 years Sep 2008- Director
Mrs Patricia LeeScotland74 years Dec 2021- Director

P&L

September 2023

turnover

9.4m

+16%

operating profit

543.9k

0%

gross margin

70.1%

+8.41%

turnover

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

Balance Sheet

September 2023

net assets

3.9m

+0.12%

total assets

4.5m

-0.04%

cash

45k

+0.23%

net assets

Total assets minus all liabilities

haddo energy limited company details

company number

SC348211

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

September 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

JAMES MILNE

auditor

-

address

haddo methlick, ellon, AB41 7DX

Bank

-

Legal Advisor

-

haddo energy 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 haddo energy limited.

charges

haddo energy limited Companies House Filings - See Documents

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