skiack hydro limited

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skiack hydro limited Company Information

Share SKIACK HYDRO LIMITED

Company Number

SC370147

Shareholders

wemyss renewables limited

finnian george munro

Group Structure

View All

Industry

Production of electricity

 

Registered Address

4 melville crescent, edinburgh, EH3 7JA

skiack hydro limited Estimated Valuation

£102.7k

Pomanda estimates the enterprise value of SKIACK HYDRO LIMITED at £102.7k based on a Turnover of £59.6k and 1.72x industry multiple (adjusted for size and gross margin).

skiack hydro limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of SKIACK HYDRO LIMITED at £1.8m based on an EBITDA of £374.6k and a 4.9x industry multiple (adjusted for size and gross margin).

skiack hydro limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SKIACK HYDRO LIMITED at £1.4m based on Net Assets of £533.4k and 2.63x industry multiple (adjusted for liquidity).

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Skiack Hydro Limited Overview

Skiack Hydro Limited is a live company located in edinburgh, EH3 7JA with a Companies House number of SC370147. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2009, it's largest shareholder is wemyss renewables limited with a 75% stake. Skiack Hydro Limited is a established, micro sized company, Pomanda has estimated its turnover at £59.6k with declining growth in recent years.

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Skiack Hydro Limited Health Check

Pomanda's financial health check has awarded Skiack Hydro Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £59.6k, make it smaller than the average company (£1.8m)

£59.6k - Skiack Hydro Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (11.5%)

-2% - Skiack Hydro Limited

11.5% - Industry AVG

production

Production

with a gross margin of 67.2%, this company has a comparable cost of product (67.2%)

67.2% - Skiack Hydro Limited

67.2% - Industry AVG

profitability

Profitability

an operating margin of 333% make it more profitable than the average company (48.6%)

333% - Skiack Hydro Limited

48.6% - Industry AVG

employees

Employees

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

1 - Skiack Hydro Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.7k, the company has an equivalent pay structure (£78.7k)

£78.7k - Skiack Hydro Limited

£78.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.6k, this is less efficient (£448.9k)

£59.6k - Skiack Hydro Limited

£448.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (15 days)

3 days - Skiack Hydro Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 514 days, this is slower than average (20 days)

514 days - Skiack Hydro Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Skiack Hydro Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (11 weeks)

14 weeks - Skiack Hydro Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78.9%, this is a similar level of debt than the average (86.8%)

78.9% - Skiack Hydro Limited

86.8% - Industry AVG

SKIACK HYDRO LIMITED financials

EXPORTms excel logo

Skiack Hydro Limited's latest turnover from March 2024 is estimated at £59.6 thousand and the company has net assets of £533.4 thousand. According to their latest financial statements, we estimate that Skiack Hydro Limited has 1 employee and maintains cash reserves of £59.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011
Turnover59,5682,565,01835,37462,940481,7591,255,2321,102,0191,348,5301,120,95878,9542,9624,792102,37491,346
Other Income Or Grants
Cost Of Sales19,540788,42213,11726,165203,088504,740487,340618,804470,18539,5091,3642,35555,12854,879
Gross Profit40,0281,776,59622,25736,776278,672750,491614,679729,726650,77239,4461,5992,43747,24736,468
Admin Expenses-158,3421,728,44744,077-7,48986,519623,951435,015550,514577,83924,622-1,2888,78461,88352,611
Operating Profit198,37048,149-21,82044,265192,153126,540179,664179,21272,93314,8242,887-6,347-14,636-16,143
Interest Payable81,240168,882198,286194,421142,10163,92618,85911,70011,7009,7503,900
Interest Receivable3,4842,619339901141,1091,064631761167283629690225
Pre-Tax Profit201,85550,768-21,481-36,88523,385-70,637-13,69337,7419,768-3,868-8,530-17,418-23,696-19,818
Tax-50,464-9,646-4,443-7,548-1,953
Profit After Tax151,39141,122-21,481-36,88518,942-70,637-13,69330,1937,814-3,868-8,530-17,418-23,696-19,818
Dividends Paid
Retained Profit151,39141,122-21,481-36,88518,942-70,637-13,69330,1937,814-3,868-8,530-17,418-23,696-19,818
Employee Costs78,706505,16265,27660,299121,838297,918299,751302,036228,97154,98058,50058,62356,42757,166
Number Of Employees17112555411111
EBITDA*374,598230,150160,180226,265364,637302,768352,291243,95272,93314,9243,302-5,824-14,213-16,034

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011
Tangible Assets2,189,4642,359,1202,539,2442,721,2442,876,6023,031,7683,207,9963,387,6671,803,484307,628260,524227,019122,73243,785
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,189,4642,359,1202,539,2442,721,2442,876,6023,031,7683,207,9963,387,6671,803,484307,628260,524227,019122,73243,785
Stock & work in progress
Trade Debtors600154,104600600127,424129,853134,671130,726302415,3509,998
Group Debtors65,81565,81565,81565,81574,11974,11948,58534,120
Misc Debtors217,37337,453156,581168,264182,776120,69226,33311,467
Cash59,54773,19250,06840,424138,58189,815205,805219,776284,92119,33747,62465,448186,10589,966
misc current assets
total current assets343,335330,564273,064275,103395,476412,050410,576388,567415,64730,80447,65465,689191,45599,964
total assets2,532,7992,689,6842,812,3082,996,3473,272,0783,443,8183,618,5723,776,2342,219,131338,432308,178292,708314,187143,749
Bank overdraft
Bank loan
Trade Creditors 27,52817,54914,21125,65773,45072,57241,260209,76787,01810,0221,2501,25029,3117,202
Group/Directors Accounts117,31645,27615,0564,72817,5004,58331,155
other short term finances
hp & lease commitments
other current liabilities69,06059,70551,29133,54745,62752,82779,75183,66699,8081,350
total current liabilities213,904122,53080,55863,932136,577129,982121,011293,433217,98111,3721,2501,25029,3117,202
loans2,663,6012,873,5073,001,6202,980,5701,566,666400,290180,000180,000180,000120,000
hp & lease commitments
Accruals and Deferred Income
other liabilities1,719,0002,109,0542,304,6772,497,831196,290172,290148,29036,290
provisions66,45976,05586,15072,18072,61159,98244,95737,554
total long term liabilities1,785,4592,185,1092,390,8272,570,0112,736,2122,933,4893,046,5773,018,1241,566,666400,290376,290352,290328,290156,290
total liabilities1,999,3632,307,6392,471,3852,633,9432,872,7893,063,4713,167,5883,311,5571,784,647411,662377,540353,540357,601163,492
net assets533,436382,045340,923362,404399,289380,347450,984464,677434,484-73,230-69,362-60,832-43,414-19,743
total shareholders funds533,436382,045340,923362,404399,289380,347450,984464,677434,484-73,230-69,362-60,832-43,414-19,743
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016May 2015May 2014May 2013May 2012May 2011
Operating Activities
Operating Profit198,37048,149-21,82044,265192,153126,540179,664179,21272,93314,8242,887-6,347-14,636-16,143
Depreciation176,228182,001182,000182,000172,484176,228172,62764,740100415523423109
Amortisation
Tax-50,464-9,646-4,443-7,548-1,953
Stock
Debtors26,41634,376-11,683-22,216-65,340117,46435,98038,065119,25911,437-211-5,109-4,6489,998
Creditors9,9793,338-11,446-47,79387831,312-168,507122,74976,9968,772-28,06122,1097,202
Accruals and Deferred Income9,3558,41417,744-12,080-7,200-26,924-3,915-16,14298,4581,350
Deferred Taxes & Provisions-9,596-10,09513,970-43112,62915,0257,40337,554
Cash flow from operations307,456187,785192,131188,177431,841204,717151,292342,500127,17513,6093,513-28,77612,544-18,830
Investing Activities
capital expenditure-6,572-1,877-26,642-17,3187,044-1,648,923-1,495,856-47,204-33,920-104,810-79,370-43,894
Change in Investments
cash flow from investments-6,572-1,877-26,642-17,3187,044-1,648,923-1,495,856-47,204-33,920-104,810-79,370-43,894
Financing Activities
Bank loans
Group/Directors Accounts72,04030,22010,328-12,77212,9174,583-31,15531,155
Other Short Term Loans
Long term loans-2,663,601-209,906-128,11321,0501,413,9041,166,376220,29060,000120,000
Hire Purchase and Lease Commitments
other long term liabilities-390,054-195,623-193,1542,497,831-196,29024,00024,000112,00036,290
share issue499,9002575
interest3,4842,619339-81,150-168,768-197,177-193,357-141,470-63,165-18,692-11,417-11,071-9,060-3,675
cash flow from financing-314,530-162,784-182,487-259,692-365,757-320,707-172,3071,241,2791,634,2665,30812,58312,929162,965152,690
cash and cash equivalents
cash-13,64523,1249,644-98,15748,766-115,990-13,971-65,145265,584-28,287-17,824-120,65796,13989,966
overdraft
change in cash-13,64523,1249,644-98,15748,766-115,990-13,971-65,145265,584-28,287-17,824-120,65796,13989,966

skiack hydro 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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Skiack Hydro Limited Competitor Analysis

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Perform a competitor analysis for skiack hydro limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in EH3 area or any other competitors across 12 key performance metrics.

skiack hydro limited Ownership

SKIACK HYDRO LIMITED group structure

Skiack Hydro Limited has no subsidiary companies.

Ultimate parent company

2 parents

SKIACK HYDRO LIMITED

SC370147

SKIACK HYDRO LIMITED Shareholders

wemyss renewables limited 75%
finnian george munro 25%

skiack hydro limited directors

Skiack Hydro Limited currently has 3 directors. The longest serving directors include Mr Finnian Munro (Nov 2010) and Mr William Wemyss (Sep 2015).

officercountryagestartendrole
Mr Finnian MunroUnited Kingdom49 years Nov 2010- Director
Mr William WemyssScotland54 years Sep 2015- Director
Mr Martin Orr55 years Jul 2020- Director

P&L

March 2024

turnover

59.6k

-98%

operating profit

198.4k

0%

gross margin

67.2%

-2.98%

turnover

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

Balance Sheet

March 2024

net assets

533.4k

+0.4%

total assets

2.5m

-0.06%

cash

59.5k

-0.19%

net assets

Total assets minus all liabilities

skiack hydro limited company details

company number

SC370147

Type

Private limited with Share Capital

industry

35110 - Production of electricity

incorporation date

December 2009

age

16

incorporated

UK

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

JOHNSTON CARMICHAEL LLP

address

4 melville crescent, edinburgh, EH3 7JA

Bank

-

Legal Advisor

-

skiack hydro 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 skiack hydro limited.

skiack hydro 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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skiack hydro limited Companies House Filings - See Documents

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