Down Street Electrics Limited

POWER SEARCH PRICING

SOLUTIONS

down street electrics limited Company Information

Company Number

00937620

Next Accounts

Dec 2025

Directors

Beryl Everett

John Everett

View All

Shareholders

merlimont holdings limited

Group Structure

View All

Industry

Retail sale of electrical household appliances in specialised stores

Registered Address

lynton house, 7-12 tavistock square, london, WC1H 9LT

Website

http://mrresistor.co.uk

down street electrics limited Estimated Valuation

£16.8m

Pomanda estimates the enterprise value of DOWN STREET ELECTRICS LIMITED at £16.8m based on Net Assets of £7.5m and 2.24x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Down Street Electrics Limited is a live company located in london, WC1H 9LT with a Companies House number of 00937620. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in August 1968, it's largest shareholder is merlimont holdings limited with a 100% stake. Down Street Electrics Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.1m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Down Street Electrics Limited a 4.5 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

Health Rating4.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £6.1m, make it smaller than the average company (£15.6m)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (9.6%)

EXPORT

Down Street Electrics Limited's latest turnover from March 2024 is estimated at £6.1 million and the company has net assets of £7.5 million. According to their latest financial statements, Down Street Electrics Limited has 31 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	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	6,148,584	6,193,743	6,970,844	6,477,107	5,236,305	6,377,907	7,371,748	7,135,372	9,689,446	8,982,615	7,592,901	7,330,026	7,227,355	13,868,404	14,179,305
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,468,827	4,543,159	5,155,286	4,708,980	3,769,375	4,536,903	5,244,559	4,825,845	5,302,753	5,033,358	3,755,890	4,078,902	4,044,645	9,537,486	9,543,125
Gross Profit	1,679,758	1,650,585	1,815,558	1,768,127	1,466,930	1,841,004	2,127,188	2,309,527	4,386,693	3,949,257	3,837,011	3,251,124	3,182,710	4,330,918	4,636,181
Admin Expenses	1,231,629	1,005,290	1,195,552	1,445,747	1,927,350	1,668,154	2,223,088	1,137,403	2,575,945	2,583,832	2,313,869	2,212,581	2,106,262	3,819,020	1,730,065
Operating Profit	448,129	645,295	620,006	322,380	-460,420	172,850	-95,900	1,172,124	1,810,748	1,365,425	1,523,142	1,038,543	1,076,448	511,898	2,906,116
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	183,254	179,018	28,348	3,043	2,696	22,971	17,116	8,837	7,616	4,172	3,035	2,402	2,879	9,281	4,488
Pre-Tax Profit	631,383	824,314	648,354	325,423	-457,724	195,821	-78,784	1,180,961	1,818,364	1,369,597	1,526,177	1,040,945	1,079,327	521,179	2,910,604
Tax	-157,846	-156,620	-123,187	-61,830	0	-37,206	0	-236,192	-359,459	-300,993	-494,889	-173,675	-255,434	-145,930	-814,969
Profit After Tax	473,537	667,694	525,167	263,593	-457,724	158,615	-78,784	944,769	1,458,905	1,068,604	1,031,288	867,270	823,893	375,249	2,095,635
Dividends Paid	0	0	0	0	0	0	0	0	2,000,013	499,685	595,335	0	0	0	0
Retained Profit	473,537	667,694	525,167	263,593	-457,724	158,615	-78,784	944,769	-541,108	568,919	435,953	867,270	823,893	375,249	2,095,635
Employee Costs	1,129,798	1,105,541	1,082,801	928,317	913,904	993,611	1,082,178	1,020,541	1,582,794	1,648,411	1,411,363	1,516,967	1,457,257	1,876,099	2,263,791
Number Of Employees	31	32	32	33	34	37	41	40	41	39	35	35	34	91	102
EBITDA*	599,339	770,103	754,646	471,138	-306,414	332,484	61,361	1,335,774	1,979,856	1,517,574	1,655,723	1,074,869	1,117,500	583,933	2,982,816

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	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	2,059,114	2,130,520	2,227,424	2,496,910	2,648,505	2,802,511	2,926,862	3,061,164	3,214,739	3,320,157	2,517,109	2,535,615	1,720,764	524,226	838,595
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,059,214	2,130,620	2,227,524	2,497,010	2,648,605	2,802,611	2,926,962	3,061,264	3,214,839	3,320,257	2,517,209	2,535,715	1,720,864	524,326	838,695
Stock & work in progress	1,880,395	2,143,205	2,127,357	1,931,494	2,160,696	2,356,584	2,070,901	1,814,949	1,739,599	2,020,838	2,067,976	1,518,216	1,436,672	1,209,251	1,051,259
Trade Debtors	475,731	329,025	381,073	496,387	175,685	400,830	455,860	477,428	484,880	408,448	417,593	412,945	612,503	648,481	491,969
Group Debtors	1,330,503	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	164,165	275,945	28,691	21,400	181,392	339,031	201,138	366,710	189,637	172,910	132,341	69,074	86,779	0	0
Cash	2,815,553	4,165,552	4,258,837	3,300,612	2,786,260	2,605,263	3,520,231	3,326,009	3,743,517	2,588,970	1,682,357	1,354,189	1,387,589	1,917,162	1,795,156
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	6,666,347	6,913,727	6,795,958	5,749,893	5,304,033	5,701,708	6,248,130	5,985,096	6,157,633	5,191,166	4,300,267	3,354,424	3,523,543	3,774,894	3,338,384
total assets	8,725,561	9,044,347	9,023,482	8,246,903	7,952,638	8,504,319	9,175,092	9,046,360	9,372,472	8,511,423	6,817,476	5,890,139	5,244,407	4,299,220	4,177,079
Bank overdraft	0	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	0
Trade Creditors	588,449	543,527	491,826	590,235	379,875	415,183	580,231	602,834	667,561	736,790	676,640	480,474	604,753	1,752,336	2,005,444
Group/Directors Accounts	24,407	24,407	24,407	24,407	24,407	24,407	24,407	24,407	24,407	685,021	630,395	629,578	685,074	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	464,397	746,425	1,417,160	1,067,144	1,221,861	1,270,712	1,919,203	1,713,766	2,902,436	752,846	681,865	542,040	583,803	0	0
total current liabilities	1,077,253	1,314,359	1,933,393	1,681,786	1,626,143	1,710,302	2,523,841	2,341,007	3,594,404	2,174,657	1,988,900	1,652,092	1,873,630	1,752,336	2,005,444
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	156,917	498,553	526,348	437,567	462,538	435,580	451,429	436,411	482,531	504,813	154,576	0	0	0	0
total long term liabilities	156,917	498,553	526,348	437,567	462,538	435,580	451,429	436,411	482,531	504,813	154,576	0	0	0	0
total liabilities	1,234,170	1,812,912	2,459,741	2,119,353	2,088,681	2,145,882	2,975,270	2,777,418	4,076,935	2,679,470	2,143,476	1,652,092	1,873,630	1,752,336	2,005,444
net assets	7,491,391	7,231,435	6,563,741	6,127,550	5,863,957	6,358,437	6,199,822	6,268,942	5,295,537	5,831,953	4,674,000	4,238,047	3,370,777	2,546,884	2,171,635
total shareholders funds	7,491,391	7,231,435	6,563,741	6,127,550	5,863,957	6,358,437	6,199,822	6,268,942	5,295,537	5,831,953	4,674,000	4,238,047	3,370,777	2,546,884	2,171,635

	Mar 2024	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	448,129	645,295	620,006	322,380	-460,420	172,850	-95,900	1,172,124	1,810,748	1,365,425	1,523,142	1,038,543	1,076,448	511,898	2,906,116
Depreciation	151,210	124,808	134,640	148,758	154,006	159,634	157,261	163,650	169,108	152,149	132,581	36,326	41,052	72,035	76,700
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-157,846	-156,620	-123,187	-61,830	0	-37,206	0	-236,192	-359,459	-300,993	-494,889	-173,675	-255,434	-145,930	-814,969
Stock	-262,810	15,848	195,863	-229,202	-195,888	285,683	255,952	75,350	-281,239	-47,138	549,760	81,544	227,421	157,992	1,051,259
Debtors	1,365,429	195,206	-108,023	160,710	-382,784	82,863	-187,140	169,621	93,159	31,424	67,915	-217,263	50,801	156,512	491,969
Creditors	44,922	51,701	-98,409	210,360	-35,308	-165,048	-22,603	-64,727	-69,229	60,150	196,166	-124,279	-1,147,583	-253,108	2,005,444
Accruals and Deferred Income	-282,028	-670,735	350,016	-154,717	-48,851	-648,491	205,437	-1,188,670	2,149,590	70,981	139,825	-41,763	583,803	0	0
Deferred Taxes & Provisions	-341,636	-27,795	88,781	-24,971	26,958	-15,849	15,018	-46,120	-22,282	350,237	154,576	0	0	0	0
Cash flow from operations	-1,239,868	-244,400	884,007	508,472	215,057	-902,656	190,401	-444,906	3,866,556	1,713,663	1,033,726	870,871	20,064	-129,609	2,630,063
Investing Activities
capital expenditure	-79,804	-27,904	134,846	2,837	0	-35,283	-22,959	-10,075	-65,259	-11,451	-118,513	-850,091	-1,237,590	242,334	-915,295
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100
cash flow from investments	-79,804	-27,904	134,846	2,837	0	-35,283	-22,959	-10,075	-65,259	-11,451	-118,513	-850,091	-1,237,590	242,334	-915,395
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	-660,614	54,626	817	-55,496	685,074	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	-213,581	0	-88,976	0	-36,756	0	9,664	28,636	4,692	589,034	0	0	0	0	76,000
interest	183,254	179,018	28,348	3,043	2,696	22,971	17,116	8,837	7,616	4,172	3,035	2,402	2,879	9,281	4,488
cash flow from financing	-30,327	179,018	-60,628	3,043	-34,060	22,971	26,780	37,473	-648,306	647,832	3,852	-53,094	687,953	9,281	80,488
cash and cash equivalents
cash	-1,349,999	-93,285	958,225	514,352	180,997	-914,968	194,222	-417,508	1,154,547	906,613	328,168	-33,400	-529,573	122,006	1,795,156
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-1,349,999	-93,285	958,225	514,352	180,997	-914,968	194,222	-417,508	1,154,547	906,613	328,168	-33,400	-529,573	122,006	1,795,156

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for down street electrics limited. Get real-time insights into down street electrics limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for down street electrics 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 WC1H area or any other competitors across 12 key performance metrics.

DOWN STREET ELECTRICS LIMITED group structure

Down Street Electrics Limited has 1 subsidiary company.

Ultimate parent company

MERLIMONT HOLDINGS LIMITED

11738053

1 parent

DOWN STREET ELECTRICS LIMITED

00937620

1 subsidiary

LEIGH JANE LIGHTING LIMITED

01301241

DOWN STREET ELECTRICS LIMITED Shareholders

merlimont holdings limited

100%

Down Street Electrics Limited currently has 4 directors. The longest serving directors include Mrs Beryl Everett (Aug 1992) and Mr John Everett (Aug 1992).

officer	age	start	end	role
Mrs Beryl Everett	81 years	Aug 1992	-	Director
Mr John Everett	83 years	Aug 1992	-	Director
Mr Leigh Everett	58 years	Jan 1994	-	Director
Mrs Jane Jenkins	48 years	Jul 1997	-	Director

P&L

March 2024

turnover

6.1m

-1%

operating profit

448.1k

gross margin

27.4%

+2.51%

turnover

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

Balance Sheet

March 2024

net assets

7.5m

+0.04%

total assets

8.7m

-0.04%

cash

2.8m

-0.32%

net assets

Total assets minus all liabilities

Similar Companies

who needs shops limited

selectric london limited

m.r. dean & sons (edgware) limited

2.5

enviro-cool commercial limited

tysew limited

4.5

company number

00937620

Type

Private limited with Share Capital

industry

47540 - Retail sale of electrical household appliances in specialised stores

incorporation date

August 1968

ultimate parent company

MERLIMONT HOLDINGS LIMITED

previous names

N/A

address

lynton house, 7-12 tavistock square, london, WC1H 9LT

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 5 charges/mortgages relating to down street electrics limited. Currently there are 0 open charges and 5 have been satisfied in the past.

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.

Click to start generating capital raising & share issue transactions for DOWN STREET ELECTRICS LIMITED. This can take several minutes, an email will notify you when this has completed.

down street electrics limited Company Information

down street electrics limited Estimated Valuation

down street electrics limited Estimated Valuation

down street electrics limited Estimated Valuation

Down Street Electrics Limited Overview

Down Street Electrics Limited Health Check

DOWN STREET ELECTRICS LIMITED financials

down street electrics limited Credit Report and Business Information

Down Street Electrics Limited Competitor Analysis

down street electrics limited Ownership

down street electrics limited directors

down street electrics limited company details

down street electrics limited Charges & Mortgages

down street electrics limited Capital Raised & Share Issues BETA

down street electrics limited Companies House Filings - See Documents