Element Power

Element Power Systems is a fully licensed and insured California State Contractor which is dedicated to providing professional excellence to our customers. Our operations currently specialize in the installation of solar energy systems, vertical axis wind turbines, electric vehicle (EV) charge stations and energy management solutions for homes and businesses across Northern California. We are dedicated to providing customers with excellent customer service and workmanship of the highest quality. Responding to the explosion of opportunities in the marketplace, Element Power Systems has identified and secured superior quality product lines for our clients installation. Our employees are a knowledgeable team of professionals who are all professionally trained, experienced, dedicated, and provide high standards of service to our clients. Our reputation has developed and maintained excellent strategic alliances, as well as referral sources for current and future business.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2008
Size (employees)
58 (est)+2%
Element Power was founded in 2008 and is headquartered in London, GB

Key People at Element Power

Mike O'Neill

Mike O'Neill

Chief Executive Officer
Alistair Metcalfe

Alistair Metcalfe

General Counsel
Nick Hexter

Nick Hexter

Group Financial Director
Jeff O'Dwyer

Jeff O'Dwyer

Group Financial Controller
Sean Maguire

Sean Maguire

Commercial Manager

Element Power Office Locations

Element Power has offices in London, Edinburgh, Corcaigh, Tullamore and in 2 other locations
London, GB (HQ)
42 Upper Berkeley St
Warszawa, PL
182 Puławska
Helsinki, FI
7 Bulevardi
Tullamore, IE
14 Park Ave
Corcaigh, IE
Unit C Building 4200
Edinburgh, GB
3rd Floor, Ben Dearg Suite, Forsyth House, 93 George Street

Element Power Data and Metrics

Summary Metrics

Founding Date

2008

Total Funding

$183 m

Latest funding size

$183 m

Time since last funding

over 5 years
Element Power's latest funding round in February 2012 was reported to be $183 m. In total, Element Power has raised $183 m

Element Power Financial Metrics

Element Power's revenue was reported to be £2.7 m in FY, 2015 which is a 24% decrease from the previous period.
GBP

Revenue (FY, 2015)

2.7 m

Revenue growth (FY, 2014 - FY, 2015), %

(24%)

Gross profit (FY, 2015)

330 k

Gross profit margin (FY, 2015), %

12%

Net income (FY, 2015)

(197 k)

Cash (31-Dec-2015)

123 k
GBPFY, 2013FY, 2014FY, 2015

Revenue

3.2 m3.6 m2.7 m

Revenue growth, %

10%(24%)

Cost of goods sold

3 m3.3 m2.4 m

Gross profit

282 k280 k330 k

Gross profit Margin, %

9%8%12%

Operating expense total

179 k152 k133 k

Pre tax profit

(497 k)483 k(197 k)

Net Income

(497 k)483 k(197 k)
GBPFY, 2013FY, 2014FY, 2015

Cash

537 k358 k123 k

Accounts Receivable

109 k1 k

Current Assets

7.5 m5.9 m7.9 m

PP&E

148 k131 k119 k

Goodwill

252 k126 k119 k

Total Assets

7.9 m6.1 m8.1 m

Accounts Payable

955 k1.2 m903 k

Current Liabilities

1.7 m2 m1.7 m

Total Liabilities

12.5 m10.3 m12.4 m

Retained Earnings

(497 k)483 k(197 k)

Total Equity

(4.6 m)(4.1 m)(4.3 m)

Financial Leverage

-1.7 x-1.5 x-1.9 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(400 k)(7.6 m)(3.5 m)

Cash From Financing Activities

713 k7.4 m3.1 m
GBPY, 2015

Revenue/Employee

50.7 k

Financial Leverage

-1.9 x

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