power electrics (bristol) limited

5

power electrics (bristol) limited Company Information

Share POWER ELECTRICS (BRISTOL) LIMITED
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Company Number

00776704

Registered Address

st ivel way, warmley, bristol, BS30 8TY

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 
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Telephone

03708500858

Next Accounts Due

December 2024

Group Structure

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Directors

Andrew Pullin32 Years

John Pullin32 Years

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Shareholders

13369448 power electrics (holdings) limited 100%

power electrics (bristol) limited Estimated Valuation

£55.2m

Pomanda estimates the enterprise value of POWER ELECTRICS (BRISTOL) LIMITED at £55.2m based on a Turnover of £49m and 1.13x industry multiple (adjusted for size and gross margin).

power electrics (bristol) limited Estimated Valuation

£82m

Pomanda estimates the enterprise value of POWER ELECTRICS (BRISTOL) LIMITED at £82m based on an EBITDA of £9.5m and a 8.67x industry multiple (adjusted for size and gross margin).

power electrics (bristol) limited Estimated Valuation

£65.2m

Pomanda estimates the enterprise value of POWER ELECTRICS (BRISTOL) LIMITED at £65.2m based on Net Assets of £23.8m and 2.74x industry multiple (adjusted for liquidity).

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Power Electrics (bristol) Limited Overview

Power Electrics (bristol) Limited is a live company located in bristol, BS30 8TY with a Companies House number of 00776704. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in October 1963, it's largest shareholder is 13369448 power electrics (holdings) limited with a 100% stake. Power Electrics (bristol) Limited is a mature, large sized company, Pomanda has estimated its turnover at £49m with healthy growth in recent years.

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Power Electrics (bristol) Limited Health Check

Pomanda's financial health check has awarded Power Electrics (Bristol) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £49m, make it larger than the average company (£4.5m)

£49m - Power Electrics (bristol) Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.6%)

8% - Power Electrics (bristol) Limited

4.6% - Industry AVG

production

Production

with a gross margin of 41.9%, this company has a comparable cost of product (36.9%)

41.9% - Power Electrics (bristol) Limited

36.9% - Industry AVG

profitability

Profitability

an operating margin of 7.3% make it as profitable than the average company (7.9%)

7.3% - Power Electrics (bristol) Limited

7.9% - Industry AVG

employees

Employees

with 254 employees, this is above the industry average (30)

254 - Power Electrics (bristol) Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £75.3k, the company has a higher pay structure (£49.3k)

£75.3k - Power Electrics (bristol) Limited

£49.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192.8k, this is more efficient (£132.6k)

£192.8k - Power Electrics (bristol) Limited

£132.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is near the average (68 days)

64 days - Power Electrics (bristol) Limited

68 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 91 days, this is slower than average (43 days)

91 days - Power Electrics (bristol) Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 41 days, this is more than average (30 days)

41 days - Power Electrics (bristol) Limited

30 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (16 weeks)

21 weeks - Power Electrics (bristol) Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.2%, this is a similar level of debt than the average (56.6%)

58.2% - Power Electrics (bristol) Limited

56.6% - Industry AVG

power electrics (bristol) 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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Power Electrics (bristol) Limited Competitor Analysis

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Perform a competitor analysis for power electrics (bristol) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

power electrics (bristol) limited Ownership

POWER ELECTRICS (BRISTOL) LIMITED group structure

Power Electrics (Bristol) Limited has 1 subsidiary company.

Ultimate parent company

1 parent

POWER ELECTRICS (BRISTOL) LIMITED

00776704

1 subsidiary

POWER ELECTRICS (BRISTOL) LIMITED Shareholders

13369448 power electrics (holdings) limited 100%

power electrics (bristol) limited directors

Power Electrics (Bristol) Limited currently has 3 directors. The longest serving directors include Mr Andrew Pullin (Apr 1992) and Mr John Pullin (Apr 1992).

officercountryagestartendrole
Mr Andrew Pullin56 years Apr 1992- Director
Mr John Pullin59 years Apr 1992- Director
Mr Anthony JenkinsEngland58 years Apr 2002- Director

POWER ELECTRICS (BRISTOL) LIMITED financials

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Power Electrics (Bristol) Limited's latest turnover from March 2023 is £49 million and the company has net assets of £23.8 million. According to their latest financial statements, Power Electrics (Bristol) Limited has 254 employees and maintains cash reserves of £7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover48,958,87237,589,90840,260,97139,065,36334,913,17235,335,03240,071,71426,870,86827,867,67023,393,80823,165,43021,482,33921,316,86417,958,078
Other Income Or Grants00000000000000
Cost Of Sales28,430,35125,101,92327,673,03127,095,48623,756,83622,723,65027,088,95218,133,63519,286,52316,176,08916,497,80315,625,19315,500,29913,162,382
Gross Profit20,528,52112,487,98512,587,94011,969,87711,156,33612,611,38212,982,7628,737,2338,581,1477,217,7196,667,6275,857,1465,816,5654,795,696
Admin Expenses16,958,3008,668,4189,629,9809,001,9627,221,8597,930,0609,136,0876,313,5856,280,7865,209,5474,713,9434,712,6304,879,9424,040,229
Operating Profit3,570,2213,819,5672,957,9602,967,9153,934,4774,681,3223,846,6752,423,6482,300,3612,008,1721,953,6841,144,516936,623755,467
Interest Payable420,606208,930261,750270,016257,456158,63788,65582,21376,36199,073139,250117,469185,229233,693
Interest Receivable237,902135,4401,01225,37027,62031,107140,5966,1596,73213,39426,5546,4454,9042,695
Pre-Tax Profit3,387,5173,746,0772,697,2222,723,2693,704,6414,553,7923,898,6162,347,5942,230,7321,797,4931,715,9881,033,492756,298524,469
Tax-99,025-699,73224,118-213,7341,497,437-756,670-780,970-443,485-508,091-350,858-426,062-274,082-216,658-145,739
Profit After Tax3,288,4923,046,3452,721,3402,509,5355,202,0783,797,1223,117,6461,904,1091,722,6411,446,6351,289,926759,410539,640378,730
Dividends Paid845,000666,902485,000781,7551,170,0001,200,000950,000521,61137,992863,785315,7660120,000180,000
Retained Profit2,443,4922,379,4432,236,3401,727,7804,032,0782,597,1222,167,6461,382,4981,684,649582,850974,160759,410419,640198,730
Employee Costs19,122,47912,034,07113,168,32711,599,3269,008,8209,642,60110,287,0497,704,5457,703,4956,486,4875,968,2245,374,8034,893,7744,449,475
Number Of Employees254218266300239236213202198184177158142130
EBITDA*9,457,6898,434,6176,849,9267,055,6237,420,2187,632,0326,604,3014,692,1734,303,3043,862,3473,673,8692,689,2492,494,8042,129,191

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets35,785,98330,247,35927,811,19329,463,42423,418,87817,799,43714,540,05613,555,38611,793,92710,310,4579,802,84911,403,8869,950,41310,207,096
Intangible Assets307,586384,482-364,252-728,5050000000000
Investments & Other01,666,66700000000125,000250,100250,100250,100
Debtors (Due After 1 year)00000000000000
Total Fixed Assets36,093,56932,298,50827,446,94128,734,91923,418,87817,799,43714,540,05613,555,38611,793,92710,310,4579,927,84911,653,98610,200,51310,457,196
Stock & work in progress3,239,8551,553,1453,334,0853,976,0092,731,9131,931,9762,978,2751,887,0611,526,4501,712,6381,679,7731,497,8071,608,6261,082,584
Trade Debtors8,673,3309,680,2307,021,7828,670,4935,787,3536,138,5176,978,8445,879,8156,247,0213,856,1794,243,8904,068,8133,691,5314,019,826
Group Debtors0000000000052,341300,7430
Misc Debtors1,969,5211,609,0452,685,3493,188,9744,188,4501,133,8371,460,8971,340,198880,0581,098,759813,243407,006740,965457,937
Cash6,966,2611,386,7459,843,6842,200,5475,182,8768,111,8526,707,4533,564,4734,439,2411,855,7602,413,5273,405,2502,934,3081,906,700
misc current assets00010,3920000000000
total current assets20,848,96714,229,16522,884,90018,046,41517,890,59217,316,18218,125,46912,671,54713,092,7708,523,3369,150,4339,431,2179,276,1737,467,047
total assets56,942,53646,527,67350,331,84146,781,33441,309,47035,115,61932,665,52526,226,93324,886,69718,833,79319,078,28221,085,20319,476,68617,924,243
Bank overdraft000110,21356,360759,479131,97387,553720,89900000
Bank loan00000000291,346333,333333,333877,200315,0000
Trade Creditors 7,111,9316,847,8318,192,89110,036,7998,239,2364,708,9745,647,7505,379,6226,434,2874,008,7494,298,5295,492,6705,469,7564,074,424
Group/Directors Accounts01,653,853000000000000
other short term finances000243,97600037,00037,00037,00037,000138,229300,0000
hp & lease commitments6,028,1244,655,4324,164,8683,739,6994,089,7723,721,4712,494,9822,633,9651,703,6711,224,8911,450,2121,517,869527,833749,522
other current liabilities4,037,4322,171,5614,405,7303,508,5111,854,9753,582,0266,540,0253,943,8913,222,3582,647,9762,466,4361,429,5291,964,0141,408,927
total current liabilities17,177,48715,328,67716,763,48917,639,19814,240,34312,771,95014,814,73012,082,03112,409,5618,251,9498,585,5109,455,4978,576,6036,232,873
loans00000009,49446,494386,182759,3552,636,5902,988,0004,406,000
hp & lease commitments8,075,6766,818,1878,270,6266,770,2953,988,1482,966,0391,640,1811,143,680886,924383,181410,898638,605306,80437,067
Accruals and Deferred Income7,071,0762,084,3591,357,409821,888783,4661,445,6341,369,7160000000
other liabilities00000000000000
provisions801,2031,615,8481,360,9301,206,9061,270,246936,807442,831761,307695,795649,208742,096789,793799,971862,635
total long term liabilities15,947,95510,518,39410,988,9658,799,0896,041,8605,348,4803,452,7281,914,4811,629,2131,418,5711,912,3494,064,9884,094,7755,305,702
total liabilities33,125,44225,847,07127,752,45426,438,28720,282,20318,120,43018,267,45813,996,51214,038,7749,670,52010,497,85913,520,48512,671,37811,538,575
net assets23,817,09420,680,60222,579,38720,343,04721,027,26716,995,18914,398,06712,230,42110,847,9239,163,2738,580,4237,564,7186,805,3086,385,668
total shareholders funds23,817,09420,680,60222,579,38720,343,04721,027,26716,995,18914,398,06712,230,42110,847,9239,163,2738,580,4237,564,7186,805,3086,385,668
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,570,2213,819,5672,957,9602,967,9153,934,4774,681,3223,846,6752,423,6482,300,3612,008,1721,953,6841,144,516936,623755,467
Depreciation5,810,5724,615,0503,891,9664,087,7083,485,7412,950,7102,757,6262,268,5252,002,9431,854,1751,720,1851,544,7331,558,1811,373,724
Amortisation76,8960000000000000
Tax-99,025-699,73224,118-213,7341,497,437-756,670-780,970-443,485-508,091-350,858-426,062-274,082-216,658-145,739
Stock1,686,710-1,780,940-641,9241,244,096799,937-1,046,2991,091,214360,611-186,18832,865181,966-110,819526,0421,082,584
Debtors-646,4241,582,144-2,152,3361,883,6642,703,449-1,167,3871,219,72892,9342,172,141-102,195528,973-205,079255,4764,477,763
Creditors264,100-1,345,060-1,843,9081,797,5633,530,262-938,776268,128-1,054,6652,425,538-289,780-1,194,14122,9141,395,3324,074,424
Accruals and Deferred Income6,852,588-1,507,2191,432,7401,691,958-2,389,219-2,882,0813,965,850721,533574,382181,5401,036,907-534,485555,0871,408,927
Deferred Taxes & Provisions-814,645254,918154,024-63,340333,439493,976-318,47665,51246,587-92,888-47,697-10,178-62,664862,635
Cash flow from operations14,620,4215,336,3209,411,1607,140,3106,888,7515,762,1677,427,8913,527,5234,855,7673,379,6912,331,9372,209,3163,384,3832,769,091
Investing Activities
capital expenditure-11,349,196-7,799,95000-3,574,262913,993308,375-195,906-573,059-507,9621,829,730-936,182-324,631464,125
Change in Investments-1,666,6671,666,6670000000-125,000-125,10000250,100
cash flow from investments-9,682,529-9,466,61700-3,574,262913,993308,375-195,906-573,059-382,9621,954,830-936,182-324,631214,025
Financing Activities
Bank loans0000000-291,346-41,9870-543,867562,200315,0000
Group/Directors Accounts-1,653,8531,653,853000000000000
Other Short Term Loans 00-243,976243,97600-37,000000-101,229-161,771300,0000
Long term loans000000-9,494-37,000-339,688-373,173-1,877,235-351,410-1,418,0004,406,000
Hire Purchase and Lease Commitments2,630,181-961,8751,925,5002,432,0741,390,4102,552,347357,5181,187,050982,523-253,038-295,3641,321,83748,048786,589
other long term liabilities00000000000000
share issue693,000-4,278,2280-2,412,00000001041,545006,186,938
interest-182,704-73,490-260,738-244,646-229,836-127,53051,941-76,054-69,629-85,679-112,696-111,024-180,325-230,998
cash flow from financing1,486,624-3,659,7401,420,78619,4041,160,5742,424,817362,965782,650531,220-711,890-2,888,8461,259,832-935,27711,148,529
cash and cash equivalents
cash5,579,516-8,456,9397,643,137-2,982,329-2,928,9761,404,3993,142,980-874,7682,583,481-557,767-991,723470,9421,027,6081,906,700
overdraft00-110,21353,853-703,119627,50644,420-633,346720,89900000
change in cash5,579,516-8,456,9397,753,350-3,036,182-2,225,857776,8933,098,560-241,4221,862,582-557,767-991,723470,9421,027,6081,906,700

P&L

March 2023

turnover

49m

+30%

operating profit

3.6m

-7%

gross margin

42%

+26.21%

turnover

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

Balance Sheet

March 2023

net assets

23.8m

+0.15%

total assets

56.9m

+0.22%

cash

7m

+4.02%

net assets

Total assets minus all liabilities

power electrics (bristol) limited company details

company number

00776704

Type

Private limited with Share Capital

industry

71121 - Engineering design activities for industrial process and production

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

October 1963

age

61

accounts

Full Accounts

ultimate parent company

previous names

N/A

incorporated

UK

address

st ivel way, warmley, bristol, BS30 8TY

last accounts submitted

March 2023

power electrics (bristol) 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 found 14 charges/mortgages relating to power electrics (bristol) limited. Currently there are 9 open charges and 5 have been satisfied in the past.

charges

power electrics (bristol) limited Companies House Filings - See Documents

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