solent electrical services limited

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solent electrical services limited Company Information

Share SOLENT ELECTRICAL SERVICES LIMITED

Company Number

01490213

Shareholders

s. grahamsley

d. grahamsley

Group Structure

View All

Industry

Electrical installation

 

Registered Address

8 tollgate, stanbridge earls, romsey, hampshire, SO51 0HE

solent electrical services limited Estimated Valuation

£164.9k

Pomanda estimates the enterprise value of SOLENT ELECTRICAL SERVICES LIMITED at £164.9k based on a Turnover of £510.6k and 0.32x industry multiple (adjusted for size and gross margin).

solent electrical services limited Estimated Valuation

£134.2k

Pomanda estimates the enterprise value of SOLENT ELECTRICAL SERVICES LIMITED at £134.2k based on an EBITDA of £39.1k and a 3.43x industry multiple (adjusted for size and gross margin).

solent electrical services limited Estimated Valuation

£105.6k

Pomanda estimates the enterprise value of SOLENT ELECTRICAL SERVICES LIMITED at £105.6k based on Net Assets of £43.2k and 2.45x industry multiple (adjusted for liquidity).

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Solent Electrical Services Limited Overview

Solent Electrical Services Limited is a live company located in hampshire, SO51 0HE with a Companies House number of 01490213. It operates in the electrical installation sector, SIC Code 43210. Founded in April 1980, it's largest shareholder is s. grahamsley with a 50% stake. Solent Electrical Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £510.6k with healthy growth in recent years.

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Solent Electrical Services Limited Health Check

Pomanda's financial health check has awarded Solent Electrical Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £510.6k, make it smaller than the average company (£1.7m)

£510.6k - Solent Electrical Services Limited

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.4%)

9% - Solent Electrical Services Limited

8.4% - Industry AVG

production

Production

with a gross margin of 16.6%, this company has a higher cost of product (26.1%)

16.6% - Solent Electrical Services Limited

26.1% - Industry AVG

profitability

Profitability

an operating margin of 7.7% make it as profitable than the average company (6.6%)

7.7% - Solent Electrical Services Limited

6.6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (16)

3 - Solent Electrical Services Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Solent Electrical Services Limited

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £170.2k, this is more efficient (£144k)

£170.2k - Solent Electrical Services Limited

£144k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 114 days, this is later than average (57 days)

114 days - Solent Electrical Services Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 108 days, this is slower than average (42 days)

108 days - Solent Electrical Services Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solent Electrical Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Solent Electrical Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (58.9%)

74.6% - Solent Electrical Services Limited

58.9% - Industry AVG

SOLENT ELECTRICAL SERVICES LIMITED financials

EXPORTms excel logo

Solent Electrical Services Limited's latest turnover from October 2023 is estimated at £510.6 thousand and the company has net assets of £43.2 thousand. According to their latest financial statements, Solent Electrical Services Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover510,561332,637401,479390,405352,342432,393689,629485,633353,560349,972172,42089,263103,909154,968
Other Income Or Grants
Cost Of Sales425,958276,524337,450325,782291,598356,754567,307395,714287,063287,571138,70671,56082,944119,941
Gross Profit84,60356,11364,02964,62360,74475,640122,32189,91966,49762,40133,71417,70320,96435,026
Admin Expenses45,47060,14961,00186,60493,660100,303126,09925,41837,01441,27050,8222,41540,91528,825-38,542
Operating Profit39,133-4,0363,028-21,981-32,916-24,663-3,77864,50129,48321,131-17,10815,288-19,9516,20138,542
Interest Payable
Interest Receivable115302074
Pre-Tax Profit39,133-4,0363,028-21,981-32,916-24,663-3,77864,50129,48321,132-17,09315,318-19,9316,20838,546
Tax-9,783-575-12,900-5,896-4,438-3,676-1,738-10,793
Profit After Tax29,350-4,0362,453-21,981-32,916-24,663-3,77851,60123,58616,694-17,09311,642-19,9314,47027,753
Dividends Paid
Retained Profit29,350-4,0362,453-21,981-32,916-24,663-3,77851,60123,58616,694-17,09311,642-19,9314,47027,753
Employee Costs130,868121,676121,086117,162120,71282,229156,483119,46380,62878,64137,44637,31936,83235,847
Number Of Employees33333243221111
EBITDA*39,133-4,0363,028-21,981-32,916-24,663-3,77864,50129,48321,131-13,39619,092-13,79513,97548,275

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets9,72512,68816,96113,30117,3047,9189,57112,7619,46911,66311,13711,40618,47023,32129,202
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets9,72512,68816,96113,30117,3047,9189,57112,7619,46911,66311,13711,40618,47023,32129,202
Stock & work in progress9,1447,3807,16013,46011,300
Trade Debtors159,83194,534130,591109,470107,468133,110211,327151,223100,04495,26746,10922,23120,98843,49253,615
Group Debtors
Misc Debtors4,041
Cash2165,7456,4021,4151,414
misc current assets
total current assets159,83194,534130,591109,470107,468133,110211,327151,223100,04495,26755,46939,39734,55058,36766,329
total assets169,556107,222147,552122,771124,772141,028220,898163,984109,513106,93066,60650,80353,02081,68895,531
Bank overdraft
Bank loan
Trade Creditors 126,40591,857125,023106,83183,51870,747124,19560,61460,06375,95748,81125,22538,88038,05448,169
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities126,40591,857125,023106,83183,51870,747124,19560,61460,06375,95748,81125,22538,88038,05448,169
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,5644,6925563,8891,7594,6482,3295,1057,7278488,16115,786
provisions2,3332,2276442,2502,823
total long term liabilities1,5644,6925563,8891,7594,6482,3297,4389,95464484810,41118,609
total liabilities126,40593,421129,715107,38787,40770,747125,95465,26262,39283,39558,76525,86939,72848,46566,778
net assets43,15113,80117,83715,38437,36570,28194,94498,72247,12123,5357,84124,93413,29233,22328,753
total shareholders funds43,15113,80117,83715,38437,36570,28194,94498,72247,12123,5357,84124,93413,29233,22328,753
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit39,133-4,0363,028-21,981-32,916-24,663-3,77864,50129,48321,131-17,10815,288-19,9516,20138,542
Depreciation3,7123,8046,1567,7749,733
Amortisation
Tax-9,783-575-12,900-5,896-4,438-3,676-1,738-10,793
Stock-9,1441,764220-6,3002,16011,300
Debtors65,297-36,05721,1212,002-25,642-78,21760,10451,1794,77749,15819,8375,284-22,504-10,12353,615
Creditors34,548-33,16618,19223,31312,771-53,44863,581551-15,89427,14623,586-13,655826-10,11548,169
Accruals and Deferred Income
Deferred Taxes & Provisions-2,3331061,583644-2,250-5732,823
Cash flow from operations-1,399-1,145-476-6705,497106-3019735833,931-9,828-3,09913,5859,51223,559
Investing Activities
capital expenditure2,9634,273-3,6604,003-9,3861,6533,190-3,2922,194-526-3,4433,260-1,305-1,893-38,935
Change in Investments
cash flow from investments2,9634,273-3,6604,003-9,3861,6533,190-3,2922,194-526-3,4433,260-1,305-1,893-38,935
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,564-3,1284,136-3,3333,889-1,759-2,8892,319-2,776-2,6227,727-848-7,313-7,62515,786
share issue-1,0001,000
interest115302074
cash flow from financing-1,564-3,1284,136-3,3333,889-1,759-2,8892,319-2,776-3,6217,742-818-7,293-7,61816,790
cash and cash equivalents
cash-216-5,529-6574,98711,414
overdraft
change in cash-216-5,529-6574,98711,414

solent electrical services 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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Solent Electrical Services Limited Competitor Analysis

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Perform a competitor analysis for solent electrical services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO51 area or any other competitors across 12 key performance metrics.

solent electrical services limited Ownership

SOLENT ELECTRICAL SERVICES LIMITED group structure

Solent Electrical Services Limited has no subsidiary companies.

Ultimate parent company

SOLENT ELECTRICAL SERVICES LIMITED

01490213

SOLENT ELECTRICAL SERVICES LIMITED Shareholders

s. grahamsley 50%
d. grahamsley 50%

solent electrical services limited directors

Solent Electrical Services Limited currently has 2 directors. The longest serving directors include Mr Douglas Grahamsley (Jul 1992) and Mrs Sally Grahamsley (Jul 1992).

officercountryagestartendrole
Mr Douglas GrahamsleyUnited Kingdom77 years Jul 1992- Director
Mrs Sally Grahamsley82 years Jul 1992- Director

P&L

October 2023

turnover

510.6k

+53%

operating profit

39.1k

0%

gross margin

16.6%

-1.77%

turnover

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

Balance Sheet

October 2023

net assets

43.2k

+2.13%

total assets

169.6k

+0.58%

cash

0

0%

net assets

Total assets minus all liabilities

solent electrical services limited company details

company number

01490213

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

April 1980

age

45

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

8 tollgate, stanbridge earls, romsey, hampshire, SO51 0HE

Bank

-

Legal Advisor

-

solent electrical services 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 did not find charges/mortgages relating to solent electrical services limited.

solent electrical services 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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solent electrical services limited Companies House Filings - See Documents

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