Power Wholesale Limited

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power wholesale limited Company Information

Company Number

00804586

Next Accounts

Oct 2025

Directors

Douglas Christie

Benjamin Armstrong

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Shareholders

stephen cornish

keith victor cornish

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Group Structure

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Industry

Wholesale of electronic and telecommunications equipment and parts

Registered Address

clockmill road dunston, gateshead, tyne and wear, NE8 2QX

Website

www.powerwholesale.co.uk

power wholesale limited Estimated Valuation

£10.4m

Pomanda estimates the enterprise value of POWER WHOLESALE LIMITED at £10.4m based on Net Assets of £5.5m and 1.89x industry multiple (adjusted for liquidity).

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Power Wholesale Limited is a live company located in tyne and wear, NE8 2QX with a Companies House number of 00804586. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in May 1964, it's largest shareholder is stephen cornish with a 23.3% stake. Power Wholesale Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17m with healthy growth in recent years.

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Pomanda's financial health check has awarded Power Wholesale Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

6 Strong

2 Regular

4 Weak

Size

annual sales of £17m, make it in line with the average company (£15.3m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.9%)

EXPORT

Power Wholesale Limited's latest turnover from January 2024 is £17 million and the company has net assets of £5.5 million. According to their latest financial statements, Power Wholesale Limited has 49 employees and maintains cash reserves of £55 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	17,048,457	14,937,698	11,807,037	12,105,185	13,700,373	11,153,370	10,706,925	10,754,342	8,510,283	11,240,101	8,957,407	7,884,703	6,933,208	8,200,321	6,975,964
Other Income Or Grants
Cost Of Sales	13,381,949	11,709,279	9,035,040	9,104,643	10,290,752	8,228,265	8,171,638	8,212,586	6,601,055	9,094,790	6,884,740	5,895,283	5,209,188	6,140,786	5,158,704
Gross Profit	3,666,508	3,228,419	2,771,997	3,000,542	3,409,621	2,925,105	2,535,288	2,541,756	1,909,228	2,145,311	2,072,667	1,989,420	1,724,020	2,059,535	1,817,261
Admin Expenses	1,951,183	2,020,624	1,698,455	2,479,193	2,910,709	2,815,856	2,356,696	2,373,151	1,647,462	1,844,373	1,685,620	1,623,497	1,445,438	1,961,143	1,177,079
Operating Profit	1,715,325	1,207,795	1,073,542	521,349	498,912	109,249	178,592	168,605	261,766	300,938	387,047	365,923	278,582	98,392	640,182
Interest Payable	41,362	41,587	18,079	69,220	26,837	2,624	4,620	6,385	11,556	9,825	13,934	28,106	12,387	7,900	4,392
Interest Receivable	10	8	6	23	253	512	555	156	7	11	14	22		35	24
Pre-Tax Profit	1,673,973	1,166,216	1,055,469	452,152	472,328	107,137	174,527	162,375	250,217	291,124	373,127	337,839	266,195	90,526	635,814
Tax	-408,284	-244,079	-148,142	-85,909	-89,742	-20,356	-33,160	-32,475	-64,703	-66,335	-108,053	-91,332	-67,460	-25,347	-178,028
Profit After Tax	1,265,689	922,137	907,327	366,243	382,586	86,781	141,367	129,900	185,514	224,789	265,074	246,507	198,735	65,179	457,786
Dividends Paid	222,464	176,864									63,000
Retained Profit	1,043,225	745,273	907,327	366,243	382,586	86,781	141,367	129,900	185,514	224,789	202,074	246,507	198,735	65,179	457,786
Employee Costs	1,643,872	1,574,041	1,367,966	2,229,729	2,172,843	2,171,541	1,986,745	1,770,299	1,017,435	1,087,601	886,285	766,990	718,994	1,066,665	943,664
Number Of Employees	49	47	46	46	45	45	41	39	38	38	35	30	30	27	24
EBITDA*	1,783,833	1,268,323	1,124,303	581,847	559,149	158,208	225,087	209,700	299,283	351,567	439,084	406,366	320,113	145,569	674,008

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	1,295,237	1,341,810	1,327,303	1,435,763	1,301,033	590,245	585,848	601,855	599,430	639,848	583,589	534,517	557,229	560,005	524,841
Intangible Assets	1,394	4,669	4,018							3,750	5,625
Investments & Other	150,998	150,998	150,998	150,998	170,167	170,167	170,167	170,167	170,167	228,784	228,784	226,001	272,266	269,912	119,360
Debtors (Due After 1 year)
Total Fixed Assets	1,447,629	1,497,477	1,482,319	1,586,761	1,471,200	760,412	756,015	772,022	769,597	872,382	817,998	760,518	829,495	829,917	644,201
Stock & work in progress	3,506,901	3,032,455	2,443,672	1,871,970	1,586,458	1,398,788	1,312,735	1,026,097	936,284	938,221	811,871	764,674	749,088	695,385	551,855
Trade Debtors	3,391,570	3,638,970	2,653,519	2,234,552	3,108,702	2,204,115	2,052,350	2,120,461	1,633,252	2,322,305	2,359,612	1,619,401	1,682,149	1,240,282	1,075,134
Group Debtors
Misc Debtors	355,136	445,196	154,407	169,420	242,750	202,331	245,264	183,945	94,143	83,671	92,125	136,469	97,939	61,960	27,852
Cash	54,952	40,946	58,704	12,791	33,083	34,483	101,994	119,955	4,629	28,266	8,016	12,853	10,770	4,315	9,513
misc current assets
total current assets	7,308,559	7,157,567	5,310,302	4,288,733	4,970,993	3,839,717	3,712,343	3,450,458	2,668,308	3,372,463	3,271,624	2,533,397	2,539,946	2,001,942	1,664,354
total assets	8,756,188	8,655,044	6,792,621	5,875,494	6,442,193	4,600,129	4,468,358	4,222,480	3,437,905	4,244,845	4,089,622	3,293,915	3,369,441	2,831,859	2,308,555
Bank overdraft	668,928	190,496	189,728	392,133	115,727	22,487	31,638	30,552				29,442	29,442
Bank loan									30,285	26,192	26,581
Trade Creditors	1,382,082	1,521,580	1,051,717	996,474	1,157,077	891,883	1,091,208	1,038,018	764,942	1,025,916	1,059,640	741,511	1,108,951	1,770,741	1,305,694
Group/Directors Accounts
other short term finances
hp & lease commitments								3,749	5,129	5,129	4,460	2,143	14,102
other current liabilities	1,084,605	1,691,054	856,991	323,486	1,798,282	1,352,713	1,061,796	957,928	542,558	1,226,168	1,285,061	1,006,433	1,011,699
total current liabilities	3,135,615	3,403,130	2,098,436	1,712,093	3,071,086	2,267,083	2,184,642	2,030,247	1,342,914	2,283,405	2,375,742	1,779,529	2,164,194	1,770,741	1,305,694
loans	57,116	726,044	916,539	1,104,669	656,970		23,613	56,337	87,156	120,751	150,626	173,923	200,066	107,953	135,138
hp & lease commitments									2,970	7,469	12,637		3,449
Accruals and Deferred Income
other liabilities			11,782	23,667	33,351	43,206	52,488	61,796	67,047	78,925	85,531	92,224		150,526	132,564
provisions	42,270	47,908	33,175	32,739	40,632	28,202	28,687	29,658	24,255	26,246	27,326	12,553	12,553	12,195	9,894
total long term liabilities	99,386	773,952	961,496	1,161,075	730,953	71,408	104,788	147,791	181,428	233,391	276,120	278,700	216,068	270,674	277,596
total liabilities	3,235,001	4,177,082	3,059,932	2,873,168	3,802,039	2,338,491	2,289,430	2,178,038	1,524,342	2,516,796	2,651,862	2,058,229	2,380,262	2,041,415	1,583,290
net assets	5,521,187	4,477,962	3,732,689	3,002,326	2,640,154	2,261,638	2,178,928	2,044,442	1,913,563	1,728,049	1,437,760	1,235,686	989,179	790,444	725,265
total shareholders funds	5,521,187	4,477,962	3,732,689	3,002,326	2,640,154	2,261,638	2,178,928	2,044,442	1,913,563	1,728,049	1,437,760	1,235,686	989,179	790,444	725,265

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	1,715,325	1,207,795	1,073,542	521,349	498,912	109,249	178,592	168,605	261,766	300,938	387,047	365,923	278,582	98,392	640,182
Depreciation	65,233	60,528	50,761	60,498	60,237	48,959	46,495	41,095	37,517	48,754	50,162	40,443	41,531	47,177	33,826
Amortisation	3,275									1,875	1,875
Tax	-408,284	-244,079	-148,142	-85,909	-89,742	-20,356	-33,160	-32,475	-64,703	-66,335	-108,053	-91,332	-67,460	-25,347	-178,028
Stock	474,446	588,783	571,702	285,512	187,670	86,053	286,638	89,813	-1,937	126,350	47,197	15,586	53,703	143,530	551,855
Debtors	-337,460	1,276,240	403,954	-947,480	945,006	108,832	-6,792	577,011	-678,581	-45,761	695,867	-24,218	477,846	199,256	1,102,986
Creditors	-139,498	469,863	55,243	-160,603	265,194	-199,325	53,190	273,076	-260,974	-33,724	318,129	-367,440	-661,790	465,047	1,305,694
Accruals and Deferred Income	-606,449	834,063	533,505	-1,474,796	445,569	290,917	103,868	415,370	-683,610	-58,893	278,628	-5,266	1,011,699
Deferred Taxes & Provisions	-5,638	14,733	436	-7,893	12,430	-485	-971	5,403	-1,991	-1,080	14,773		358	2,301	9,894
Cash flow from operations	486,978	477,880	589,689	-485,386	59,924	34,074	68,168	204,250	-31,477	110,946	199,497	-49,040	71,371	244,784	156,727
Investing Activities
capital expenditure			53,681	-195,228	-771,025	-53,356	-30,488		-11,963	-57,983	-102,050	-37,577	-57,414	-82,341	-558,667
Change in Investments				-19,169					-58,617		2,783	-46,265	2,354	150,552	119,360
cash flow from investments			53,681	-176,059	-771,025	-53,356	-30,488		46,654	-57,983	-104,833	8,688	-59,768	-232,893	-678,027
Financing Activities
Bank loans								-30,285	4,093	-389	26,581
Group/Directors Accounts
Other Short Term Loans
Long term loans	-668,928	-190,495	-188,130	447,699	656,970	-23,613	-32,724	-30,819	-33,595	-29,875	-23,297	-26,143	92,113	-27,185	135,138
Hire Purchase and Lease Commitments							-3,749	-4,350	-4,499	-4,499	14,954	-15,408	17,551
other long term liabilities		-11,782	-11,885	-9,684	-9,855	-9,282	-9,308	-5,251	-11,878	-6,606	-6,693	92,224	-150,526	17,962	132,564
share issue			-176,964	-4,071	-4,070	-4,071	-6,881	979		65,500					267,479
interest	-41,352	-41,579	-18,073	-69,197	-26,584	-2,112	-4,065	-6,229	-11,549	-9,814	-13,920	-28,084	-12,387	-7,865	-4,368
cash flow from financing	-710,280	-243,856	-395,052	364,747	616,461	-39,078	-56,727	-75,955	-57,428	14,317	-2,375	22,589	-53,249	-17,088	530,813
cash and cash equivalents
cash	14,006	-17,758	45,913	-20,292	-1,400	-67,511	-17,961	115,326	-23,637	20,250	-4,837	2,083	6,455	-5,198	9,513
overdraft	478,432	768	-202,405	276,406	93,240	-9,151	1,086	30,552			-29,442		29,442
change in cash	-464,426	-18,526	248,318	-296,698	-94,640	-58,360	-19,047	84,774	-23,637	20,250	24,605	2,083	-22,987	-5,198	9,513

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for power wholesale limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NE8 area or any other competitors across 12 key performance metrics.

POWER WHOLESALE LIMITED group structure

Power Wholesale Limited has no subsidiary companies.

Ultimate parent company

POWER WHOLESALE LIMITED

00804586

POWER WHOLESALE LIMITED Shareholders

stephen cornish	23.33%
keith victor cornish	23.33%
neil william cornish	13.33%
kathryn cornish	5%
robert lewis cornish	5%
bethany tara cornish	5%
leigh stephen cornish	5%
emily victoria cornish	5%
harry james cornish	5%
julie belinda cornish	5%

Power Wholesale Limited currently has 3 directors. The longest serving directors include Mr Douglas Christie (Nov 2024) and Mr Benjamin Armstrong (Nov 2024).

officer	country	age	start	end	role
Mr Douglas Christie	England	46 years	Nov 2024	-	Director
Mr Benjamin Armstrong	United Kingdom	49 years	Nov 2024	-	Director
Mr William Woof	England	73 years	Nov 2024	-	Director

P&L

January 2024

turnover

17m

+14%

operating profit

1.7m

+42%

gross margin

21.6%

-0.49%

turnover

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

Balance Sheet

January 2024

net assets

5.5m

+0.23%

total assets

8.8m

+0.01%

cash

55k

+0.34%

net assets

Total assets minus all liabilities

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company number

00804586

Type

Private limited with Share Capital

industry

46520 - Wholesale of electronic and telecommunications equipment and parts

incorporation date

May 1964

ultimate parent company

None

previous names

N/A

address

clockmill road dunston, gateshead, tyne and wear, NE8 2QX

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 13 charges/mortgages relating to power wholesale limited. Currently there are 3 open charges and 10 have been satisfied in the past.

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power wholesale limited Company Information

power wholesale limited Estimated Valuation

power wholesale limited Estimated Valuation

power wholesale limited Estimated Valuation

Power Wholesale Limited Overview

Power Wholesale Limited Health Check

POWER WHOLESALE LIMITED financials

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power wholesale limited Ownership

power wholesale limited directors

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