the electrical safety council
the electrical safety council Company Information
Company Number
00570175
Registered Address
45 great guildford street, london, SE1 0ES
Industry
Activities of other membership organisations n.e.c.
Telephone
02034635100
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
the electrical safety council Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICAL SAFETY COUNCIL at £5m based on a Turnover of £7.1m and 0.71x industry multiple (adjusted for size and gross margin).
the electrical safety council Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICAL SAFETY COUNCIL at £24.5m based on an EBITDA of £4.5m and a 5.51x industry multiple (adjusted for size and gross margin).
the electrical safety council Estimated Valuation
Pomanda estimates the enterprise value of THE ELECTRICAL SAFETY COUNCIL at £90.4m based on Net Assets of £31.3m and 2.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Electrical Safety Council Overview
The Electrical Safety Council is a live company located in london, SE1 0ES with a Companies House number of 00570175. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in August 1956, it's largest shareholder is unknown. The Electrical Safety Council is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with low growth in recent years.
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The Electrical Safety Council Health Check
Pomanda's financial health check has awarded The Electrical Safety Council a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £7.1m, make it larger than the average company (£411.8k)
£7.1m - The Electrical Safety Council
£411.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.7%)
- The Electrical Safety Council
4.7% - Industry AVG
Production
with a gross margin of 49.7%, this company has a comparable cost of product (49.7%)
49.7% - The Electrical Safety Council
49.7% - Industry AVG
Profitability
an operating margin of 61% make it more profitable than the average company (2.9%)
61% - The Electrical Safety Council
2.9% - Industry AVG
Employees
with 19 employees, this is above the industry average (9)
19 - The Electrical Safety Council
9 - Industry AVG
Pay Structure
on an average salary of £66.8k, the company has a higher pay structure (£25.3k)
£66.8k - The Electrical Safety Council
£25.3k - Industry AVG
Efficiency
resulting in sales per employee of £372.4k, this is more efficient (£53.7k)
£372.4k - The Electrical Safety Council
£53.7k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (14 days)
8 days - The Electrical Safety Council
14 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (29 days)
14 days - The Electrical Safety Council
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Electrical Safety Council
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 716 weeks, this is more cash available to meet short term requirements (223 weeks)
716 weeks - The Electrical Safety Council
223 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (13.7%)
1.8% - The Electrical Safety Council
13.7% - Industry AVG
THE ELECTRICAL SAFETY COUNCIL financials
The Electrical Safety Council's latest turnover from March 2023 is £7.1 million and the company has net assets of £31.3 million. According to their latest financial statements, The Electrical Safety Council has 19 employees and maintains cash reserves of £8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,075,000 | 5,624,000 | 5,773,000 | 7,007,000 | 4,843,000 | 4,025,000 | 4,524,000 | 4,003,000 | 14,314,000 | 11,217,000 | 35,521,000 | 35,724,000 | 34,273,000 | 33,182,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,300,000 | 0 | 0 |
| Pre-Tax Profit | 3,718,000 | 3,973,000 | 5,896,000 | 3,410,000 | 1,054,000 | 676,000 | 1,473,000 | 764,000 | 1,605,000 | -807,000 | 1,898,000 | -509,000 | 325,000 | -815,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 3,718,000 | 3,973,000 | 5,896,000 | 3,410,000 | 1,054,000 | 676,000 | 1,473,000 | 764,000 | 1,605,000 | -807,000 | 1,898,000 | -509,000 | 325,000 | -815,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,718,000 | 3,973,000 | 5,896,000 | 3,410,000 | 1,054,000 | 676,000 | 1,473,000 | 764,000 | 1,605,000 | -807,000 | 1,898,000 | -509,000 | 325,000 | -815,000 |
| Employee Costs | 1,269,000 | 1,114,000 | 1,097,000 | 1,120,000 | 1,113,000 | 1,079,000 | 1,130,000 | 1,097,000 | 4,493,000 | 5,100,000 | 17,828,000 | 17,634,000 | 16,378,000 | 16,366,000 |
| Number Of Employees | 19 | 16 | 18 | 19 | 19 | 18 | 20 | 18 | 86 | 87 | 359 | 349 | 347 | 344 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,734,000 | 4,838,000 | 4,121,000 | 4,252,000 | 4,399,000 | 6,586,000 | 6,053,000 | 4,196,000 | 2,524,000 | 6,604,000 | 7,458,000 | 7,852,000 | 7,715,000 | 6,929,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219,000 | 0 | 224,000 | 528,000 | 1,077,000 |
| Investments & Other | 18,865,000 | 18,862,000 | 22,048,000 | 26,173,000 | 19,650,000 | 14,008,000 | 14,672,000 | 14,733,000 | 10,321,000 | 23,508,000 | 8,627,000 | 8,380,000 | 7,842,000 | 7,225,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 1,500,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,599,000 | 23,700,000 | 26,169,000 | 30,425,000 | 24,049,000 | 20,594,000 | 20,725,000 | 19,179,000 | 14,345,000 | 30,331,000 | 16,085,000 | 16,456,000 | 16,085,000 | 15,231,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 522,000 | 680,000 | 487,000 | 276,000 |
| Trade Debtors | 174,000 | 0 | 12,000 | 56,000 | 11,000 | 2,000 | 44,000 | 69,000 | 1,509,000 | 624,000 | 3,319,000 | 4,222,000 | 3,660,000 | 2,362,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 83,000 | 157,000 | 292,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,000 | 79,000 | 41,000 | 70,000 | 109,000 | 559,000 | 292,000 | 1,324,000 | 1,629,000 | 685,000 | 1,028,000 | 670,000 | 860,000 | 1,285,000 |
| Cash | 8,002,000 | 5,006,000 | 4,347,000 | 4,086,000 | 2,621,000 | 8,670,000 | 6,925,000 | 4,146,000 | 7,088,000 | 4,799,000 | 6,844,000 | 7,038,000 | 9,182,000 | 9,820,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,258,000 | 5,085,000 | 4,400,000 | 4,212,000 | 2,741,000 | 9,231,000 | 7,344,000 | 5,696,000 | 10,518,000 | 6,108,000 | 11,713,000 | 12,610,000 | 14,189,000 | 13,743,000 |
| total assets | 31,857,000 | 28,785,000 | 30,569,000 | 34,637,000 | 26,790,000 | 29,825,000 | 28,069,000 | 24,875,000 | 24,863,000 | 36,439,000 | 27,798,000 | 29,066,000 | 30,274,000 | 28,974,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 139,000 | 136,000 | 58,000 | 100,000 | 260,000 | 145,000 | 86,000 | 0 | 365,000 | 1,123,000 | 2,977,000 | 3,406,000 | 2,865,000 | 1,864,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 | 2,316,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 442,000 | 291,000 | 276,000 | 298,000 | 301,000 | 389,000 | 404,000 | 388,000 | 885,000 | 2,090,000 | 6,723,000 | 6,919,000 | 6,429,000 | 6,041,000 |
| total current liabilities | 581,000 | 427,000 | 334,000 | 398,000 | 561,000 | 534,000 | 490,000 | 428,000 | 1,250,000 | 5,529,000 | 9,700,000 | 10,325,000 | 9,294,000 | 7,905,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,307,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 3,700,000 | 17,100,000 | 7,500,000 | 7,800,000 | 27,207,000 | 11,700,000 | 11,400,000 | 7,200,000 | 19,300,000 |
| total liabilities | 581,000 | 427,000 | 334,000 | 398,000 | 561,000 | 4,234,000 | 17,590,000 | 7,928,000 | 9,050,000 | 32,736,000 | 21,400,000 | 21,725,000 | 16,494,000 | 27,205,000 |
| net assets | 31,276,000 | 28,358,000 | 30,235,000 | 34,239,000 | 26,229,000 | 25,591,000 | 10,479,000 | 16,947,000 | 15,813,000 | 3,703,000 | 6,398,000 | 7,341,000 | 13,780,000 | 1,769,000 |
| total shareholders funds | 31,276,000 | 28,358,000 | 30,235,000 | 34,239,000 | 26,229,000 | 25,591,000 | 10,479,000 | 16,947,000 | 15,813,000 | 3,703,000 | 6,398,000 | 7,341,000 | 13,780,000 | 1,769,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 138,000 | 122,000 | 131,000 | 136,000 | 133,000 | 68,000 | 62,000 | 62,000 | 3,204,000 | 463,000 | 778,000 | 703,000 | 571,000 | 462,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 224,000 | 304,000 | 549,000 | 380,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -522,000 | -158,000 | 193,000 | 211,000 | 276,000 |
| Debtors | 177,000 | 26,000 | -73,000 | 6,000 | -441,000 | 142,000 | -1,381,000 | -3,130,000 | 3,621,000 | -3,038,000 | -545,000 | 372,000 | 873,000 | 3,647,000 |
| Creditors | 3,000 | 78,000 | -42,000 | -160,000 | 115,000 | 59,000 | 86,000 | -365,000 | -758,000 | -1,854,000 | -429,000 | 541,000 | 1,001,000 | 1,864,000 |
| Accruals and Deferred Income | 151,000 | 15,000 | -22,000 | -3,000 | -88,000 | -15,000 | 16,000 | -497,000 | -1,205,000 | -4,633,000 | -196,000 | 490,000 | 388,000 | 6,041,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 3,263,000 | 3,296,000 | 4,490,000 | 0 | 0 | -78,000 | -522,000 | -959,000 | -1,469,000 | -2,300,000 |
| Change in Investments | 3,000 | -3,186,000 | -4,125,000 | 6,523,000 | 5,642,000 | -664,000 | -61,000 | 4,412,000 | -13,187,000 | 14,881,000 | 247,000 | 538,000 | 617,000 | 7,225,000 |
| cash flow from investments | -3,000 | 3,186,000 | 4,125,000 | -6,523,000 | -2,379,000 | 3,960,000 | 4,551,000 | -4,412,000 | 13,187,000 | -14,959,000 | -769,000 | -1,497,000 | -2,086,000 | -9,525,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | -2,316,000 | 2,316,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,307,000 | 13,307,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 0 | 0 |
| cash flow from financing | -800,000 | -5,850,000 | -9,900,000 | 4,600,000 | -416,000 | 14,436,000 | -7,981,000 | 410,000 | -5,118,000 | 13,735,000 | -2,841,000 | -5,630,000 | 11,686,000 | 2,584,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,996,000 | 659,000 | 261,000 | 1,465,000 | -6,049,000 | 1,745,000 | 2,779,000 | -2,942,000 | 2,289,000 | -2,045,000 | -194,000 | -2,144,000 | -638,000 | 9,820,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,996,000 | 659,000 | 261,000 | 1,465,000 | -6,049,000 | 1,745,000 | 2,779,000 | -2,942,000 | 2,289,000 | -2,045,000 | -194,000 | -2,144,000 | -638,000 | 9,820,000 |
the electrical safety council Credit Report and Business Information
The Electrical Safety Council Competitor Analysis
Perform a competitor analysis for the electrical safety council by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
the electrical safety council Ownership
THE ELECTRICAL SAFETY COUNCIL group structure
The Electrical Safety Council has 17 subsidiary companies.
Ultimate parent company
THE ELECTRICAL SAFETY COUNCIL
00570175
17 subsidiaries
the electrical safety council directors
The Electrical Safety Council currently has 13 directors. The longest serving directors include Mr Thomas Connelly (Jul 2018) and Ms Emma Hudson (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Connelly | England | 38 years | Jul 2018 | - | Director |
| Ms Emma Hudson | England | 48 years | Jul 2018 | - | Director |
| Mr Alan Wells | England | 69 years | Mar 2019 | - | Director |
| Ms Armelle Boisset | England | 58 years | Sep 2019 | - | Director |
| Ms Sarah Frost | England | 64 years | May 2021 | - | Director |
| Mr Richard Olszewski | England | 63 years | May 2021 | - | Director |
| Ms Nicola Hussey | England | 46 years | Sep 2022 | - | Director |
| Ms Martha Desmond | England | 54 years | Sep 2022 | - | Director |
| Mr Paul Neville | England | 52 years | Sep 2022 | - | Director |
| Mr Robert Gosling | England | 41 years | Jul 2023 | - | Director |
P&L
March 2023turnover
7.1m
+26%
operating profit
4.3m
0%
gross margin
49.8%
-3.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
31.3m
+0.1%
total assets
31.9m
+0.11%
cash
8m
+0.6%
net assets
Total assets minus all liabilities
the electrical safety council company details
company number
00570175
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
August 1956
age
68
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
the national inspection council for electrical installation contracting (September 2005)
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
45 great guildford street, london, SE1 0ES
Bank
HSBC BANK PLC
Legal Advisor
BRISTOWS
the electrical safety council 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 the electrical safety council.
the electrical safety council Companies House Filings - See Documents
| date | description | view/download |
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