skiack hydro limited Company Information
Company Number
SC370147
Next Accounts
Dec 2025
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
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
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
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


4 Strong

3 Regular

4 Weak

Size
annual sales of £59.6k, make it smaller than the average company (£1.8m)
- Skiack Hydro Limited
£1.8m - Industry AVG

Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (11.5%)
- Skiack Hydro Limited
11.5% - Industry AVG

Production
with a gross margin of 67.2%, this company has a comparable cost of product (67.2%)
- Skiack Hydro Limited
67.2% - Industry AVG

Profitability
an operating margin of 333% make it more profitable than the average company (48.6%)
- Skiack Hydro Limited
48.6% - Industry AVG

Employees
with 1 employees, this is below the industry average (2)
- Skiack Hydro Limited
2 - Industry AVG

Pay Structure
on an average salary of £78.7k, the company has an equivalent pay structure (£78.7k)
- Skiack Hydro Limited
£78.7k - Industry AVG

Efficiency
resulting in sales per employee of £59.6k, this is less efficient (£448.9k)
- Skiack Hydro Limited
£448.9k - Industry AVG

Debtor Days
it gets paid by customers after 3 days, this is earlier than average (15 days)
- Skiack Hydro Limited
15 days - Industry AVG

Creditor Days
its suppliers are paid after 514 days, this is slower than average (20 days)
- Skiack Hydro Limited
20 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Skiack Hydro Limited
- - Industry AVG

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

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

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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,189,464 | 2,359,120 | 2,539,244 | 2,721,244 | 2,876,602 | 3,031,768 | 3,207,996 | 3,387,667 | 1,803,484 | 307,628 | 260,524 | 227,019 | 122,732 | 43,785 |
Intangible Assets | ||||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 2,189,464 | 2,359,120 | 2,539,244 | 2,721,244 | 2,876,602 | 3,031,768 | 3,207,996 | 3,387,667 | 1,803,484 | 307,628 | 260,524 | 227,019 | 122,732 | 43,785 |
Stock & work in progress | ||||||||||||||
Trade Debtors | 600 | 154,104 | 600 | 600 | 127,424 | 129,853 | 134,671 | 130,726 | 30 | 241 | 5,350 | 9,998 | ||
Group Debtors | 65,815 | 65,815 | 65,815 | 65,815 | 74,119 | 74,119 | 48,585 | 34,120 | ||||||
Misc Debtors | 217,373 | 37,453 | 156,581 | 168,264 | 182,776 | 120,692 | 26,333 | 11,467 | ||||||
Cash | 59,547 | 73,192 | 50,068 | 40,424 | 138,581 | 89,815 | 205,805 | 219,776 | 284,921 | 19,337 | 47,624 | 65,448 | 186,105 | 89,966 |
misc current assets | ||||||||||||||
total current assets | 343,335 | 330,564 | 273,064 | 275,103 | 395,476 | 412,050 | 410,576 | 388,567 | 415,647 | 30,804 | 47,654 | 65,689 | 191,455 | 99,964 |
total assets | 2,532,799 | 2,689,684 | 2,812,308 | 2,996,347 | 3,272,078 | 3,443,818 | 3,618,572 | 3,776,234 | 2,219,131 | 338,432 | 308,178 | 292,708 | 314,187 | 143,749 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 27,528 | 17,549 | 14,211 | 25,657 | 73,450 | 72,572 | 41,260 | 209,767 | 87,018 | 10,022 | 1,250 | 1,250 | 29,311 | 7,202 |
Group/Directors Accounts | 117,316 | 45,276 | 15,056 | 4,728 | 17,500 | 4,583 | 31,155 | |||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 69,060 | 59,705 | 51,291 | 33,547 | 45,627 | 52,827 | 79,751 | 83,666 | 99,808 | 1,350 | ||||
total current liabilities | 213,904 | 122,530 | 80,558 | 63,932 | 136,577 | 129,982 | 121,011 | 293,433 | 217,981 | 11,372 | 1,250 | 1,250 | 29,311 | 7,202 |
loans | 2,663,601 | 2,873,507 | 3,001,620 | 2,980,570 | 1,566,666 | 400,290 | 180,000 | 180,000 | 180,000 | 120,000 | ||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | 1,719,000 | 2,109,054 | 2,304,677 | 2,497,831 | 196,290 | 172,290 | 148,290 | 36,290 | ||||||
provisions | 66,459 | 76,055 | 86,150 | 72,180 | 72,611 | 59,982 | 44,957 | 37,554 | ||||||
total long term liabilities | 1,785,459 | 2,185,109 | 2,390,827 | 2,570,011 | 2,736,212 | 2,933,489 | 3,046,577 | 3,018,124 | 1,566,666 | 400,290 | 376,290 | 352,290 | 328,290 | 156,290 |
total liabilities | 1,999,363 | 2,307,639 | 2,471,385 | 2,633,943 | 2,872,789 | 3,063,471 | 3,167,588 | 3,311,557 | 1,784,647 | 411,662 | 377,540 | 353,540 | 357,601 | 163,492 |
net assets | 533,436 | 382,045 | 340,923 | 362,404 | 399,289 | 380,347 | 450,984 | 464,677 | 434,484 | -73,230 | -69,362 | -60,832 | -43,414 | -19,743 |
total shareholders funds | 533,436 | 382,045 | 340,923 | 362,404 | 399,289 | 380,347 | 450,984 | 464,677 | 434,484 | -73,230 | -69,362 | -60,832 | -43,414 | -19,743 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 176,228 | 182,001 | 182,000 | 182,000 | 172,484 | 176,228 | 172,627 | 64,740 | 100 | 415 | 523 | 423 | 109 | |
Amortisation | ||||||||||||||
Tax | ||||||||||||||
Stock | ||||||||||||||
Debtors | 26,416 | 34,376 | -11,683 | -22,216 | -65,340 | 117,464 | 35,980 | 38,065 | 119,259 | 11,437 | -211 | -5,109 | -4,648 | 9,998 |
Creditors | 9,979 | 3,338 | -11,446 | -47,793 | 878 | 31,312 | -168,507 | 122,749 | 76,996 | 8,772 | -28,061 | 22,109 | 7,202 | |
Accruals and Deferred Income | 9,355 | 8,414 | 17,744 | -12,080 | -7,200 | -26,924 | -3,915 | -16,142 | 98,458 | 1,350 | ||||
Deferred Taxes & Provisions | -9,596 | -10,095 | 13,970 | -431 | 12,629 | 15,025 | 7,403 | 37,554 | ||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 72,040 | 30,220 | 10,328 | -12,772 | 12,917 | 4,583 | -31,155 | 31,155 | ||||||
Other Short Term Loans | ||||||||||||||
Long term loans | -2,663,601 | -209,906 | -128,113 | 21,050 | 1,413,904 | 1,166,376 | 220,290 | 60,000 | 120,000 | |||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | -390,054 | -195,623 | -193,154 | 2,497,831 | -196,290 | 24,000 | 24,000 | 112,000 | 36,290 | |||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -13,645 | 23,124 | 9,644 | -98,157 | 48,766 | -115,990 | -13,971 | -65,145 | 265,584 | -28,287 | -17,824 | -120,657 | 96,139 | 89,966 |
overdraft | ||||||||||||||
change in cash | -13,645 | 23,124 | 9,644 | -98,157 | 48,766 | -115,990 | -13,971 | -65,145 | 265,584 | -28,287 | -17,824 | -120,657 | 96,139 | 89,966 |
skiack hydro limited Credit Report and Business Information
Skiack Hydro Limited Competitor Analysis

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 directors
Skiack Hydro Limited currently has 3 directors. The longest serving directors include Mr Finnian Munro (Nov 2010) and Mr William Wemyss (Sep 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Finnian Munro | United Kingdom | 49 years | Nov 2010 | - | Director |
Mr William Wemyss | Scotland | 54 years | Sep 2015 | - | Director |
Mr Martin Orr | 55 years | Jul 2020 | - | Director |
P&L
March 2024turnover
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 2024net 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
ultimate parent company
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
date | description | view/download |
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