Pomanda estimates the enterprise value of CLIR RENEWABLES UK LIMITED at £769.8k based on a Turnover of £1.3m and 0.59x industry multiple (adjusted for size and gross margin).
clir renewables uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CLIR RENEWABLES UK LIMITED at £0 based on an EBITDA of £-110.4k and a 4.08x industry multiple (adjusted for size and gross margin).
clir renewables uk limitedEstimated Valuation
£378.5k
Pomanda estimates the enterprise value of CLIR RENEWABLES UK LIMITED at £378.5k based on Net Assets of £172.7k and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Clir Renewables Uk LimitedOverview
Clir Renewables Uk Limited is a live company located in glasgow, G2 3BZ with a Companies House number of SC598387. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2018, it's largest shareholder is
clir renewable inc
with a 100% stake. Clir Renewables Uk Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Clir Renewables Uk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£3.3m)
£1.3m - Clir Renewables Uk Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8.8%)
31% - Clir Renewables Uk Limited
8.8% - Industry AVG
Production
with a gross margin of 52.3%, this company has a comparable cost of product (52.3%)
52.3% - Clir Renewables Uk Limited
52.3% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (4.8%)
-8.7% - Clir Renewables Uk Limited
4.8% - Industry AVG
Employees
with 14 employees, this is below the industry average (30)
14 - Clir Renewables Uk Limited
30 - Industry AVG
Pay Structure
on an average salary of £62.9k, the company has an equivalent pay structure (£62.9k)
£62.9k - Clir Renewables Uk Limited
£62.9k - Industry AVG
Efficiency
resulting in sales per employee of £92.7k, this is less efficient (£112.4k)
£92.7k - Clir Renewables Uk Limited
£112.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Clir Renewables Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (31 days)
4 days - Clir Renewables Uk Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clir Renewables Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is average cash available to meet short term requirements (15 weeks)
13 weeks - Clir Renewables Uk Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (58.8%)
37.3% - Clir Renewables Uk Limited
58.8% - Industry AVG
CLIR RENEWABLES UK LIMITED financials
EXPORT
Clir Renewables Uk Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £172.7 thousand. According to their latest financial statements, Clir Renewables Uk Limited has 14 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
1,298,096
1,390,182
1,074,836
583,820
430,121
253,167
Other Income Or Grants
Cost Of Sales
619,129
670,273
497,923
271,401
195,522
116,409
Gross Profit
678,967
719,910
576,913
312,419
234,599
136,758
Admin Expenses
792,501
800,079
663,489
297,231
219,712
133,470
Operating Profit
-113,534
-80,169
-86,576
15,188
14,887
3,288
Interest Payable
Interest Receivable
986
534
37
45
298
Pre-Tax Profit
-112,548
-79,635
-86,539
15,233
15,185
3,288
Tax
-2,894
-2,885
-625
Profit After Tax
-112,548
-79,635
-86,539
12,339
12,300
2,663
Dividends Paid
Retained Profit
-112,548
-79,635
-86,539
12,339
12,300
2,663
Employee Costs
880,353
965,347
763,880
386,861
278,479
170,494
Number Of Employees
14
16
13
7
5
3
EBITDA*
-110,363
-76,447
-84,685
15,970
15,131
3,288
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
2,445
5,616
5,057
2,850
555
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,445
5,616
5,057
2,850
555
Stock & work in progress
Trade Debtors
Group Debtors
204,070
161,653
66,796
35,267
Misc Debtors
42,935
51,925
44,563
13,226
12,501
17,117
Cash
26,130
11,438
19,094
10,810
79,541
misc current assets
total current assets
273,135
225,016
130,453
59,303
92,042
17,117
total assets
275,580
230,632
135,510
62,153
92,597
17,117
Bank overdraft
Bank loan
Trade Creditors
7,254
10,110
10,301
10,560
9,868
1,003
Group/Directors Accounts
43,138
5,187
other short term finances
hp & lease commitments
other current liabilities
95,617
94,291
52,995
24,290
24,627
8,263
total current liabilities
102,871
104,401
63,296
34,850
77,633
14,453
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
102,871
104,401
63,296
34,850
77,633
14,453
net assets
172,709
126,231
72,214
27,303
14,964
2,664
total shareholders funds
172,709
126,231
72,214
27,303
14,964
2,664
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-113,534
-80,169
-86,576
15,188
14,887
3,288
Depreciation
3,171
3,722
1,891
782
244
Amortisation
Tax
-2,894
-2,885
-625
Stock
Debtors
33,427
102,219
62,866
35,992
-4,616
17,117
Creditors
-2,856
-191
-259
692
8,865
1,003
Accruals and Deferred Income
1,326
41,296
28,705
-337
16,364
8,263
Deferred Taxes & Provisions
Cash flow from operations
-145,320
-137,561
-119,105
-22,561
42,091
-5,188
Investing Activities
capital expenditure
-4,281
-4,098
-3,077
-799
Change in Investments
cash flow from investments
-4,281
-4,098
-3,077
-799
Financing Activities
Bank loans
Group/Directors Accounts
-43,138
37,951
5,187
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
159,026
133,652
131,450
1
interest
986
534
37
45
298
cash flow from financing
160,012
134,186
131,487
-43,093
38,249
5,188
cash and cash equivalents
cash
14,692
-7,656
8,284
-68,731
79,541
overdraft
change in cash
14,692
-7,656
8,284
-68,731
79,541
clir renewables uk limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for clir renewables uk limited. Get real-time insights into clir renewables uk limited's credit score, group structure and payment trends.
Perform a competitor analysis for clir renewables uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in G 2 area or any other competitors across 12 key performance metrics.
clir renewables uk limited Ownership
CLIR RENEWABLES UK LIMITED group structure
Clir Renewables Uk Limited has no subsidiary companies.
Ultimate parent company
CLIR RENEWABLES UK LIMITED
SC598387
CLIR RENEWABLES UK LIMITED Shareholders
The sole shareholder of Clir Renewables Uk Limited is Clir Renewable Inc.
clir renewable inc
100%
clir renewables uk limited directors
Clir Renewables Uk Limited currently has 2 directors.
The longest serving directors include
Mr Gareth Brown (May 2018) and
Mr Ian Irvine (Dec 2019).
71122 - Engineering related scientific and technical consulting activities
62012 - Business and domestic software development
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
OURY CLARK
auditor
-
address
savoy tower 77 renfrew street, glasgow, G2 3BZ
Bank
-
Legal Advisor
-
clir renewables uk 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 clir renewables uk limited.
clir renewables uk 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.
Click to start generating capital raising & share issue transactions for CLIR RENEWABLES UK LIMITED. This can take several minutes, an email will notify you when this has completed.
clir renewables uk limitedCompanies House Filings - See Documents
