eday renewable energy limited
eday renewable energy limited Company Information
Company Number
SC354906
Website
www.edaypartnership.orgRegistered Address
millbounds, eday, orkney, KW17 2AB
Industry
Production of electricity
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
eday partnership 100%
eday renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of EDAY RENEWABLE ENERGY LIMITED at £2.6m based on a Turnover of £1.6m and 1.59x industry multiple (adjusted for size and gross margin).
eday renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of EDAY RENEWABLE ENERGY LIMITED at £2.1m based on an EBITDA of £460.4k and a 4.46x industry multiple (adjusted for size and gross margin).
eday renewable energy limited Estimated Valuation
Pomanda estimates the enterprise value of EDAY RENEWABLE ENERGY LIMITED at £2.4m based on Net Assets of £842.8k and 2.84x industry multiple (adjusted for liquidity).
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Eday Renewable Energy Limited Overview
Eday Renewable Energy Limited is a live company located in orkney, KW17 2AB with a Companies House number of SC354906. It operates in the production of electricity sector, SIC Code 35110. Founded in February 2009, it's largest shareholder is eday partnership with a 100% stake. Eday Renewable Energy Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Eday Renewable Energy Limited Health Check
Pomanda's financial health check has awarded Eday Renewable Energy Limited a 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
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.6m, make it larger than the average company (£1.4m)
- Eday Renewable Energy Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.9%)
- Eday Renewable Energy Limited
6.9% - Industry AVG
Production
with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)
- Eday Renewable Energy Limited
70.6% - Industry AVG
Profitability
an operating margin of 23% make it less profitable than the average company (47.5%)
- Eday Renewable Energy Limited
47.5% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Eday Renewable Energy Limited
3 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£64.5k)
- Eday Renewable Energy Limited
£64.5k - Industry AVG
Efficiency
resulting in sales per employee of £544.3k, this is more efficient (£322k)
- Eday Renewable Energy Limited
£322k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (15 days)
- Eday Renewable Energy Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (22 days)
- Eday Renewable Energy Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eday Renewable Energy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 136 weeks, this is more cash available to meet short term requirements (9 weeks)
136 weeks - Eday Renewable Energy Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.4%, this is a lower level of debt than the average (91.7%)
58.4% - Eday Renewable Energy Limited
91.7% - Industry AVG
EDAY RENEWABLE ENERGY LIMITED financials
Eday Renewable Energy Limited's latest turnover from February 2023 is estimated at £1.6 million and the company has net assets of £842.8 thousand. According to their latest financial statements, Eday Renewable Energy Limited has 3 employees and maintains cash reserves of £832.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,604 | 0 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -34,205 | -5,300 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | -34,205 | -5,300 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | -34,205 | -5,300 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | -34,205 | -5,300 | ||||||||||||
| Employee Costs | 6,604 | 0 | ||||||||||||
| Number Of Employees | 3 | 3 | 5 | 5 | 5 | 4 | 4 | 4 | ||||||
| EBITDA* | -34,125 | -5,300 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 829,510 | 914,846 | 1,118,102 | 1,204,558 | 1,292,030 | 1,377,974 | 1,367,558 | 1,444,267 | 1,520,754 | 1,587,600 | 1,564,575 | 133,045 | 385 | 0 |
| Intangible Assets | 1,640 | 1,758 | 6,779 | 6,897 | 7,015 | 5,798 | 5,916 | 2,467 | 2,585 | 2,702 | 2,820 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 35,783 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 866,933 | 916,604 | 1,124,881 | 1,211,455 | 1,299,045 | 1,383,772 | 1,373,474 | 1,446,734 | 1,523,339 | 1,590,302 | 1,567,395 | 133,045 | 385 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 116,012 | 0 | 658 | 93,236 | 27,097 | 41,643 | 112,718 | 2,180 | 216,975 | 98,974 | 119,513 | 0 | 0 | 0 |
| Group Debtors | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 |
| Misc Debtors | 209,299 | 289,357 | 159,980 | 110,121 | 86,117 | 147,547 | 91,584 | 153,032 | 0 | 0 | 0 | 1,712 | 0 | 0 |
| Cash | 832,057 | 581,534 | 731,000 | 580,930 | 560,627 | 543,685 | 605,260 | 632,377 | 589,581 | 554,420 | 230,249 | 24,954 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,157,369 | 870,891 | 891,639 | 784,288 | 673,842 | 732,876 | 809,563 | 787,590 | 806,556 | 653,394 | 349,762 | 26,667 | 1 | 0 |
| total assets | 2,024,302 | 1,787,495 | 2,016,520 | 1,995,743 | 1,972,887 | 2,116,648 | 2,183,037 | 2,234,324 | 2,329,895 | 2,243,696 | 1,917,157 | 159,712 | 386 | 0 |
| Bank overdraft | 0 | 133,742 | 0 | 0 | 0 | 109,095 | 103,629 | 98,533 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 140,728 | 0 | 127,102 | 120,793 | 114,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,936 | 1,279 | 29,200 | 29,597 | 31,505 | 0 | 12,518 | 78 | 182,743 | 156,644 | 341,243 | 60,943 | 0 | 0 |
| Group/Directors Accounts | 0 | 15,653 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107,284 | 5,436 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 15,576 | 15,368 | 22,350 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 167,376 | 60,242 | 66,501 | 57,917 | 26,108 | 22,761 | 27,727 | 23,225 | 0 | 0 | 0 | 1,201 | 249 | 0 |
| total current liabilities | 318,040 | 210,916 | 222,803 | 208,307 | 172,408 | 147,432 | 159,242 | 144,186 | 182,743 | 156,644 | 341,243 | 169,428 | 5,685 | 0 |
| loans | 725,629 | 881,159 | 1,075,960 | 1,230,380 | 1,353,110 | 1,478,406 | 1,645,092 | 1,764,099 | 1,383,480 | 1,536,984 | 1,179,154 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 14,179 | 15,489 | 16,799 | 18,109 | 19,419 | 19,528 | 10,879 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 7,626 | 0 | 0 | 0 | 0 | 0 | 0 | 435,527 | 387,292 | 363,085 | 0 | 0 | 0 |
| provisions | 137,786 | 127,953 | 110,808 | 101,731 | 92,184 | 102,874 | 81,160 | 73,912 | 75,891 | 44,820 | 18,796 | 0 | 0 | 0 |
| total long term liabilities | 863,415 | 1,016,738 | 1,200,947 | 1,347,600 | 1,462,093 | 1,599,389 | 1,745,671 | 1,857,539 | 1,905,777 | 1,969,096 | 1,561,035 | 0 | 0 | 0 |
| total liabilities | 1,181,455 | 1,227,654 | 1,423,750 | 1,555,907 | 1,634,501 | 1,746,821 | 1,904,913 | 2,001,725 | 2,088,520 | 2,125,740 | 1,902,278 | 169,428 | 5,685 | 0 |
| net assets | 842,847 | 559,841 | 592,770 | 439,836 | 338,386 | 369,827 | 278,124 | 232,599 | 241,375 | 117,956 | 14,879 | -9,716 | -5,299 | 0 |
| total shareholders funds | 842,847 | 559,841 | 592,770 | 439,836 | 338,386 | 369,827 | 278,124 | 232,599 | 241,375 | 117,956 | 14,879 | -9,716 | -5,299 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -34,205 | -5,300 | ||||||||||||
| Depreciation | 85,336 | 85,461 | 87,410 | 87,272 | 87,544 | 87,277 | 85,848 | 85,375 | 85,570 | 86,127 | 19,943 | 80 | 0 | |
| Amortisation | 118 | 120 | 118 | 118 | 118 | 118 | 118 | 118 | 118 | 118 | 118 | 0 | 0 | |
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 71,738 | 128,718 | -42,719 | 90,143 | -75,976 | -15,112 | 49,090 | -61,762 | 118,001 | -20,539 | 117,800 | 1,712 | 1 | 0 |
| Creditors | 8,657 | -27,921 | -397 | -1,908 | 31,505 | -12,518 | 12,440 | -182,665 | 26,099 | -184,599 | 280,300 | 60,943 | 0 | 0 |
| Accruals and Deferred Income | 107,134 | -20,438 | 7,274 | 30,499 | 2,037 | -6,276 | 4,393 | 31,874 | 10,879 | 0 | -1,201 | 952 | 249 | 0 |
| Deferred Taxes & Provisions | 9,833 | 17,145 | 9,077 | 9,547 | -10,690 | 21,714 | 7,248 | -1,979 | 31,071 | 26,024 | 18,796 | 0 | 0 | 0 |
| Cash flow from operations | 26,058 | -5,052 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 140,728 | -127,102 | 6,309 | 5,998 | 114,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -15,653 | 15,653 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -107,284 | 101,848 | 5,436 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -15,576 | 208 | -6,982 | 22,350 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -155,530 | -194,801 | -154,420 | -122,730 | -125,296 | -166,686 | -119,007 | 380,619 | -153,504 | 357,830 | 1,179,154 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,626 | 7,626 | 0 | 0 | 0 | 0 | 0 | -435,527 | 48,235 | 24,207 | 363,085 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | 131,636 | 5,437 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 250,523 | -149,466 | 150,070 | 20,303 | 16,942 | -61,575 | -27,117 | 42,796 | 35,161 | 324,171 | 205,295 | 24,954 | 0 | 0 |
| overdraft | -133,742 | 133,742 | 0 | 0 | -109,095 | 5,466 | 5,096 | 98,533 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 384,265 | -283,208 | 150,070 | 20,303 | 126,037 | -67,041 | -32,213 | -55,737 | 35,161 | 324,171 | 205,295 | 24,954 | 0 | 0 |
eday renewable energy limited Credit Report and Business Information
Eday Renewable Energy Limited Competitor Analysis
Perform a competitor analysis for eday renewable energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in KW17 area or any other competitors across 12 key performance metrics.
eday renewable energy limited Ownership
EDAY RENEWABLE ENERGY LIMITED group structure
Eday Renewable Energy Limited has no subsidiary companies.
eday renewable energy limited directors
Eday Renewable Energy Limited currently has 3 directors. The longest serving directors include Mr Christopher Dixon (Mar 2021) and Mrs Mellissa-Louise Thomson (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Dixon | 42 years | Mar 2021 | - | Director | |
| Mrs Mellissa-Louise Thomson | United Kingdom | 48 years | Jan 2024 | - | Director |
| Mr Mark Cockram | 60 years | Jan 2024 | - | Director |
P&L
February 2023turnover
1.6m
+245%
operating profit
375k
0%
gross margin
70.7%
+9.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
842.8k
+0.51%
total assets
2m
+0.13%
cash
832.1k
+0.43%
net assets
Total assets minus all liabilities
eday renewable energy limited company details
company number
SC354906
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
February 2009
age
15
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
millbounds, eday, orkney, KW17 2AB
accountant
A J B SCHOLES LTD
auditor
-
eday renewable 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 found 4 charges/mortgages relating to eday renewable energy limited. Currently there are 4 open charges and 0 have been satisfied in the past.
eday renewable energy limited Companies House Filings - See Documents
| date | description | view/download |
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