southern electrical discounters limited
southern electrical discounters limited Company Information
Company Number
00795238
Next Accounts
Dec 2025
Shareholders
tower radio group ltd
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
unit 2, kingsgate court, rayleigh road, leigh-on-sea, SS9 5PS
southern electrical discounters limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN ELECTRICAL DISCOUNTERS LIMITED at £1.1m based on a Turnover of £266.8k and 3.96x industry multiple (adjusted for size and gross margin).
southern electrical discounters limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN ELECTRICAL DISCOUNTERS LIMITED at £1.3m based on an EBITDA of £186.8k and a 7.12x industry multiple (adjusted for size and gross margin).
southern electrical discounters limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN ELECTRICAL DISCOUNTERS LIMITED at £3.2m based on Net Assets of £1.8m and 1.8x industry multiple (adjusted for liquidity).
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Southern Electrical Discounters Limited Overview
Southern Electrical Discounters Limited is a live company located in leigh-on-sea, SS9 5PS with a Companies House number of 00795238. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in March 1964, it's largest shareholder is tower radio group ltd with a 100% stake. Southern Electrical Discounters Limited is a mature, micro sized company, Pomanda has estimated its turnover at £266.8k with rapid growth in recent years.
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Southern Electrical Discounters Limited Health Check
Pomanda's financial health check has awarded Southern Electrical Discounters Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £266.8k, make it smaller than the average company (£1.5m)
- Southern Electrical Discounters Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (5.1%)
- Southern Electrical Discounters Limited
5.1% - Industry AVG
Production
with a gross margin of 62.2%, this company has a comparable cost of product (62.2%)
- Southern Electrical Discounters Limited
62.2% - Industry AVG
Profitability
an operating margin of 70% make it more profitable than the average company (14.6%)
- Southern Electrical Discounters Limited
14.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Southern Electrical Discounters Limited
7 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Southern Electrical Discounters Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £133.4k, this is less efficient (£158.2k)
- Southern Electrical Discounters Limited
£158.2k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (16 days)
- Southern Electrical Discounters Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (37 days)
- Southern Electrical Discounters Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Southern Electrical Discounters Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Southern Electrical Discounters Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (70.3%)
35.2% - Southern Electrical Discounters Limited
70.3% - Industry AVG
SOUTHERN ELECTRICAL DISCOUNTERS LIMITED financials
Southern Electrical Discounters Limited's latest turnover from March 2024 is estimated at £266.8 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Southern Electrical Discounters Limited has 2 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,005 | 547,006 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,700,500 | 2,700,500 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,700,500 | 2,700,500 | 2,000,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,000 | 547,005 | 547,006 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,887 | 9,596 | 7,049 | 4,680 | 14,357 | 3,360 | 3,632 | 5,805 | 4,111 | 116,083 | 344,952 | 164,842 | 345,327 | 25,083 | 11,215 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,193 | 3,095 | 191,167 | 452,470 | 380,160 | 264,864 | 291,086 | 281,715 | 189,720 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,125 | 3,190 | 2,572 | 0 | 2,834 | 27 | 7 | 82 | 490,322 | 212,769 | 89,617 | 73,864 | 4,861 | 223,112 | 291,072 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,205 | 15,881 | 200,788 | 457,150 | 397,351 | 268,251 | 294,725 | 287,602 | 684,153 | 328,852 | 434,569 | 238,706 | 350,188 | 248,195 | 302,287 |
| total assets | 2,718,705 | 2,716,381 | 2,200,788 | 1,004,150 | 944,351 | 815,251 | 841,725 | 834,602 | 1,231,153 | 875,852 | 981,569 | 785,706 | 897,188 | 795,200 | 849,293 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 2,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 567 | 0 | 0 | 0 | 2,444 | 0 | 480 | 0 | 0 | 98,817 | 236,307 | 40,370 | 155,704 | 95,627 | 90,324 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 557,384 | 695,846 | 106,002 | 47,534 | 37,705 | 30,211 | 54,188 | 53,979 | 453,022 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 557,951 | 695,846 | 106,002 | 47,534 | 40,149 | 30,211 | 57,572 | 53,979 | 453,022 | 98,817 | 236,307 | 40,370 | 155,704 | 95,627 | 90,324 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 399,089 | 399,089 | 399,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 399,089 | 399,089 | 399,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 957,040 | 1,094,935 | 505,091 | 47,534 | 40,149 | 30,211 | 57,572 | 53,979 | 453,022 | 98,817 | 236,307 | 40,370 | 155,704 | 95,627 | 90,324 |
| net assets | 1,761,665 | 1,621,446 | 1,695,697 | 956,616 | 904,202 | 785,040 | 784,153 | 780,623 | 778,131 | 777,035 | 745,262 | 745,336 | 741,484 | 699,573 | 758,969 |
| total shareholders funds | 1,761,665 | 1,621,446 | 1,695,697 | 956,616 | 904,202 | 785,040 | 784,153 | 780,623 | 778,131 | 777,035 | 745,262 | 745,336 | 741,484 | 699,573 | 758,969 |
| Mar 2024 | Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 1 | 2 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,389 | -185,525 | -258,934 | 62,633 | 126,293 | -26,494 | 7,198 | 93,689 | 77,748 | -228,869 | 180,110 | -180,485 | 320,244 | 13,868 | 11,215 |
| Creditors | 567 | 0 | 0 | -2,444 | 2,444 | -480 | 480 | 0 | -98,817 | -137,490 | 195,937 | -115,334 | 60,077 | 5,303 | 90,324 |
| Accruals and Deferred Income | -138,462 | 589,844 | 58,468 | 9,829 | 7,494 | -23,977 | 209 | -399,043 | 453,022 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 399,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 700,500 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,065 | 618 | 2,572 | -2,834 | 2,807 | 20 | -75 | -490,240 | 277,553 | 123,152 | 15,753 | 69,003 | -218,251 | -67,960 | 291,072 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -2,904 | 2,904 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,065 | 618 | 2,572 | -2,834 | 2,807 | 2,924 | -2,979 | -490,240 | 277,553 | 123,152 | 15,753 | 69,003 | -218,251 | -67,960 | 291,072 |
southern electrical discounters limited Credit Report and Business Information
Southern Electrical Discounters Limited Competitor Analysis
Perform a competitor analysis for southern electrical discounters limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SS9 area or any other competitors across 12 key performance metrics.
southern electrical discounters limited Ownership
SOUTHERN ELECTRICAL DISCOUNTERS LIMITED group structure
Southern Electrical Discounters Limited has no subsidiary companies.
Ultimate parent company
1 parent
SOUTHERN ELECTRICAL DISCOUNTERS LIMITED
00795238
southern electrical discounters limited directors
Southern Electrical Discounters Limited currently has 2 directors. The longest serving directors include Mrs Clair Evans (Apr 2021) and Mr Bernard Litman (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Clair Evans | England | 50 years | Apr 2021 | - | Director |
| Mr Bernard Litman | England | 69 years | Jul 2022 | - | Director |
P&L
March 2024turnover
266.8k
+10%
operating profit
186.8k
0%
gross margin
62.3%
+0.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
+0.09%
total assets
2.7m
0%
cash
1.1k
-0.65%
net assets
Total assets minus all liabilities
southern electrical discounters limited company details
company number
00795238
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
March 1964
age
61
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 2, kingsgate court, rayleigh road, leigh-on-sea, SS9 5PS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
southern electrical discounters 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 1 charges/mortgages relating to southern electrical discounters limited. Currently there are 0 open charges and 1 have been satisfied in the past.
southern electrical discounters 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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southern electrical discounters limited Companies House Filings - See Documents
| date | description | view/download |
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