Taxrale Electrics Limited

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taxrale electrics limited Company Information

Live

MatureSmallHigh

Company Number

00956600

Next Accounts

Feb 2025

Industry

Manufacture of electric motors, generators and transformers

Directors

Susan Cartwright

Shareholders

susan cartwright

anne vaughan davies

Group Structure

View All

Contact

Registered Address

unit 7 the hollies, graiseley row, wolverhampton, west midlands, WV2 4HJ

Website

www.taxrale.co.uk

taxrale electrics limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of TAXRALE ELECTRICS LIMITED at £3.3m based on Net Assets of £1.4m and 2.34x industry multiple (adjusted for liquidity).

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Taxrale Electrics Limited is a live company located in wolverhampton, WV2 4HJ with a Companies House number of 00956600. It operates in the manufacture of electric motors, generators and transformers sector, SIC Code 27110. Founded in June 1969, it's largest shareholder is susan cartwright with a 56.4% stake. Taxrale Electrics Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Pomanda's financial health check has awarded Taxrale Electrics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

3 Regular

4 Weak

Size

annual sales of £1.1m, make it smaller than the average company (£19.8m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.8%)

EXPORT

Taxrale Electrics Limited's latest turnover from May 2023 is estimated at £1.1 million and the company has net assets of £1.4 million. According to their latest financial statements, Taxrale Electrics Limited has 11 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	1,124,576	629,941	746,208	688,873	1,032,298	771,783	789,005	970,079	663,456	705,452	499,620	922,483	973,380	770,478
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	822,062	477,136	545,183	485,340	752,081	589,312	597,124	714,573	476,997	511,087	376,612	701,687	729,357	580,341
Gross Profit	302,515	152,805	201,025	203,533	280,217	182,471	191,881	255,506	186,459	194,365	123,008	220,796	244,023	190,138
Admin Expenses	143,941	-22,873	209,642	55,786	185,948	103,871	250,024	233,271	159,083	210,414	106,916	189,118	244,067	-973,473
Operating Profit	158,574	175,678	-8,617	147,747	94,269	78,600	-58,143	22,235	27,376	-16,049	16,092	31,678	-44	1,163,611
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	45,990	9,068	858	792	5,125	2,927	1,127	2,412	2,598	2,476	2,446	2,531	2,585	1,293
Pre-Tax Profit	204,564	184,746	-7,759	148,540	99,394	81,527	-57,016	24,646	29,974	-13,573	18,538	34,209	2,541	1,164,904
Tax	-51,141	-35,102	0	-28,223	-18,885	-15,490	0	-4,929	-5,995	0	-4,264	-8,210	-661	-326,173
Profit After Tax	153,423	149,644	-7,759	120,317	80,509	66,037	-57,016	19,717	23,979	-13,573	14,274	25,999	1,880	838,731
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	153,423	149,644	-7,759	120,317	80,509	66,037	-57,016	19,717	23,979	-13,573	14,274	25,999	1,880	838,731
Employee Costs	545,691	436,305	457,393	509,519	497,523	467,379	453,484	445,258	217,125	215,959	142,963	240,420	232,420	202,359
Number Of Employees	11	10	11	12	12	12	12	12	6	6	4	7	7	6
EBITDA*	166,086	181,464	-3,185	154,064	100,652	83,203	-53,297	27,948	34,293	-7,877	26,270	41,214	10,691	1,174,789

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	66,537	59,506	52,992	57,747	62,317	65,022	176,637	181,342	175,032	181,505	189,021	84,213	89,917	93,298
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	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
Total Fixed Assets	66,537	59,506	52,992	57,747	62,317	65,022	176,637	181,342	175,032	181,505	189,021	84,213	89,917	93,298
Stock & work in progress	311,704	154,577	202,983	135,188	198,967	145,259	172,625	200,091	156,623	249,675	184,926	220,340	178,524	179,759
Trade Debtors	187,474	98,783	118,061	84,025	213,772	91,310	114,034	197,960	137,751	75,340	82,078	190,687	219,774	161,614
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	63,588	2,472	17,244	7,668	22,418	13,724	12,665	3,584	0	0	0	0	0	0
Cash	1,025,772	1,018,220	795,293	921,211	663,711	702,962	467,970	433,454	531,226	508,031	482,482	495,785	516,623	517,316
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,588,538	1,274,052	1,133,581	1,148,092	1,098,868	953,255	767,294	835,089	825,600	833,046	749,486	906,812	914,921	858,689
total assets	1,655,075	1,333,558	1,186,573	1,205,839	1,161,185	1,018,277	943,931	1,016,431	1,000,632	1,014,551	938,507	991,025	1,004,838	951,987
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	164,878	9,805	55,333	32,333	109,048	58,667	56,509	76,045	107,233	144,454	53,991	121,470	153,704	102,091
Group/Directors Accounts	0	0	4,035	35	4,035	4,235	4,035	4,015	0	0	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	70,095	57,579	12,358	50,418	44,965	32,717	26,006	21,377	0	0	0	0	0	0
total current liabilities	234,973	67,384	71,726	82,786	158,048	95,619	86,550	101,437	107,233	144,454	53,991	121,470	153,704	102,091
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	0	0	0	0	0
provisions	3,830	3,325	1,642	2,089	2,490	2,520	3,280	3,877	1,999	2,676	3,522	2,845	10,423	11,065
total long term liabilities	3,830	3,325	1,642	2,089	2,490	2,520	3,280	3,877	1,999	2,676	3,522	2,845	10,423	11,065
total liabilities	238,803	70,709	73,368	84,875	160,538	98,139	89,830	105,314	109,232	147,130	57,513	124,315	164,127	113,156
net assets	1,416,272	1,262,849	1,113,205	1,120,964	1,000,647	920,138	854,101	911,117	891,400	867,421	880,994	866,710	840,711	838,831
total shareholders funds	1,416,272	1,262,849	1,113,205	1,120,964	1,000,647	920,138	854,101	911,117	891,400	867,421	880,994	866,710	840,711	838,831

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	158,574	175,678	-8,617	147,747	94,269	78,600	-58,143	22,235	27,376	-16,049	16,092	31,678	-44	1,163,611
Depreciation	7,512	5,786	5,432	6,317	6,383	4,603	4,846	5,713	6,917	8,172	10,178	9,536	10,735	11,178
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-51,141	-35,102	0	-28,223	-18,885	-15,490	0	-4,929	-5,995	0	-4,264	-8,210	-661	-326,173
Stock	157,127	-48,406	67,795	-63,779	53,708	-27,366	-27,466	43,468	-93,052	64,749	-35,414	41,816	-1,235	179,759
Debtors	149,807	-34,050	43,612	-144,497	131,156	-21,665	-74,845	63,793	62,411	-6,738	-108,609	-29,087	58,160	161,614
Creditors	155,073	-45,528	23,000	-76,715	50,381	2,158	-19,536	-31,188	-37,221	90,463	-67,479	-32,234	51,613	102,091
Accruals and Deferred Income	12,516	45,221	-38,060	5,453	12,248	6,711	4,629	21,377	0	0	0	0	0	0
Deferred Taxes & Provisions	505	1,683	-447	-401	-30	-760	-597	1,878	-677	-846	677	-7,578	-642	11,065
Cash flow from operations	-23,895	230,194	-130,099	262,454	-40,498	124,853	33,510	-92,175	21,041	23,729	99,227	-19,537	4,076	620,399
Investing Activities
capital expenditure	-14,543	-12,300	-677	-1,747	-3,678	107,012	-141	-12,023	-444	-656	-114,986	-3,832	-7,354	-104,476
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-14,543	-12,300	-677	-1,747	-3,678	107,012	-141	-12,023	-444	-656	-114,986	-3,832	-7,354	-104,476
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	-4,035	4,000	-4,000	-200	200	20	4,015	0	0	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	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	10	0	0	100
interest	45,990	9,068	858	792	5,125	2,927	1,127	2,412	2,598	2,476	2,446	2,531	2,585	1,293
cash flow from financing	45,990	5,033	4,858	-3,208	4,925	3,127	1,147	6,427	2,598	2,476	2,456	2,531	2,585	1,393
cash and cash equivalents
cash	7,552	222,927	-125,918	257,500	-39,251	234,992	34,516	-97,772	23,195	25,549	-13,303	-20,838	-693	517,316
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	7,552	222,927	-125,918	257,500	-39,251	234,992	34,516	-97,772	23,195	25,549	-13,303	-20,838	-693	517,316

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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TAXRALE ELECTRICS LIMITED group structure

Taxrale Electrics Limited has no subsidiary companies.

Ultimate parent company

TAXRALE ELECTRICS LIMITED

00956600

TAXRALE ELECTRICS LIMITED Shareholders

susan cartwright	56.36%
anne vaughan davies	43.64%

Taxrale Electrics Limited currently has 1 director, Miss Susan Cartwright serving since Jun 1991.

officer	country	age	start	end	role
Miss Susan Cartwright		66 years	Jun 1991	-	Director

P&L

May 2023

turnover

1.1m

+79%

operating profit

158.6k

gross margin

27%

+10.9%

turnover

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

Balance Sheet

May 2023

net assets

1.4m

+0.12%

total assets

1.7m

+0.24%

cash

+0.01%

net assets

Total assets minus all liabilities

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company number

00956600

Type

Private limited with Share Capital

industry

27110 - Manufacture of electric motors, generators and transformers

incorporation date

June 1969

ultimate parent company

None

previous names

N/A

address

unit 7 the hollies, graiseley row, wolverhampton, west midlands, WV2 4HJ

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 2 charges/mortgages relating to taxrale electrics limited. Currently there are 1 open charges and 1 have been satisfied in the past.

taxrale electrics limited Company Information

taxrale electrics limited Estimated Valuation

taxrale electrics limited Estimated Valuation

taxrale electrics limited Estimated Valuation

Taxrale Electrics Limited Overview

Taxrale Electrics Limited Health Check

TAXRALE ELECTRICS LIMITED financials

taxrale electrics limited Credit Report and Business Information

Taxrale Electrics Limited Competitor Analysis

taxrale electrics limited Ownership

taxrale electrics limited directors

taxrale electrics limited company details

taxrale electrics limited Charges & Mortgages

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