g.t. homer (electrical contractors) limited

g.t. homer (electrical contractors) limited Company Information

Share G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED
Live 
MatureSmallLow

Company Number

01818647

Industry

Other building completion and finishing

 

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Directors

George Homer

Shareholders

george thomas homer

g.t. homer discretionary trust

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Group Structure

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Contact

Registered Address

hatherton hall hatherton, cannock, staffs, WS11 1RH

Website

-

g.t. homer (electrical contractors) limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED at £4.4m based on a Turnover of £3m and 1.49x industry multiple (adjusted for size and gross margin).

g.t. homer (electrical contractors) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED at £0 based on an EBITDA of £-57.6k and a 4.06x industry multiple (adjusted for size and gross margin).

g.t. homer (electrical contractors) limited Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED at £5.2m based on Net Assets of £2.5m and 2.05x industry multiple (adjusted for liquidity).

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G.t. Homer (electrical Contractors) Limited Overview

G.t. Homer (electrical Contractors) Limited is a live company located in staffs, WS11 1RH with a Companies House number of 01818647. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in May 1984, it's largest shareholder is george thomas homer with a 73% stake. G.t. Homer (electrical Contractors) Limited is a mature, small sized company, Pomanda has estimated its turnover at £3m with low growth in recent years.

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G.t. Homer (electrical Contractors) Limited Health Check

Pomanda's financial health check has awarded G.T. Homer (Electrical Contractors) Limited a 4 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 Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3m, make it larger than the average company (£591.6k)

£3m - G.t. Homer (electrical Contractors) Limited

£591.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.5%)

2% - G.t. Homer (electrical Contractors) Limited

5.5% - Industry AVG

production

Production

with a gross margin of 21.7%, this company has a higher cost of product (48.9%)

21.7% - G.t. Homer (electrical Contractors) Limited

48.9% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (17.1%)

-1.9% - G.t. Homer (electrical Contractors) Limited

17.1% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - G.t. Homer (electrical Contractors) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32k, the company has an equivalent pay structure (£32k)

£32k - G.t. Homer (electrical Contractors) Limited

£32k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £492.3k, this is more efficient (£156.6k)

£492.3k - G.t. Homer (electrical Contractors) Limited

£156.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 158 days, this is later than average (40 days)

158 days - G.t. Homer (electrical Contractors) Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (32 days)

48 days - G.t. Homer (electrical Contractors) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - G.t. Homer (electrical Contractors) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - G.t. Homer (electrical Contractors) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.9%, this is a lower level of debt than the average (70.1%)

11.9% - G.t. Homer (electrical Contractors) Limited

70.1% - Industry AVG

G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED financials

EXPORTms excel logo

G.T. Homer (Electrical Contractors) Limited's latest turnover from September 2023 is estimated at £3 million and the company has net assets of £2.5 million. According to their latest financial statements, G.T. Homer (Electrical Contractors) Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,953,9372,962,2913,191,5702,817,937447,139429,387329,280400,6961,974,1602,235,3014,916,0074,679,9044,544,7014,224,3730
Other Income Or Grants000000000000000
Cost Of Sales2,313,5132,325,1462,521,4032,180,486343,403326,334246,122297,7931,486,3231,720,1083,832,4943,636,3853,479,9423,191,5320
Gross Profit640,423637,144670,167637,451103,736103,05383,158102,903487,837515,1931,083,5131,043,5191,064,7581,032,8410
Admin Expenses698,059763,931-192,2941,380,289-16,385-1,369,332-439,412-95,131195,243296,9191,040,427857,898878,050900,737-525,079
Operating Profit-57,636-126,787862,461-742,838120,1211,472,385522,570198,034292,594218,27443,086185,621186,708132,104525,079
Interest Payable0025,83454,65665,40968,66385,31652,7720000000
Interest Receivable00105136353422487459257158310346165441357
Pre-Tax Profit-57,636-126,787836,732-797,35855,0651,404,143437,741145,721292,851218,43243,396185,967186,873132,546525,436
Tax00-158,9790-10,462-266,787-83,171-29,144-58,570-45,871-9,981-44,632-48,587-37,113-147,122
Profit After Tax-57,636-126,787677,753-797,35844,6031,137,356354,570116,577234,281172,56133,415141,335138,28695,433378,314
Dividends Paid000000000000000
Retained Profit-57,636-126,787677,753-797,35844,6031,137,356354,570116,577234,281172,56133,415141,335138,28695,433378,314
Employee Costs192,146228,604214,474210,589214,243214,481177,546190,658161,917192,927416,923393,533391,971385,0690
Number Of Employees6777776656141414140
EBITDA*-57,636-126,787865,815-738,393121,8021,474,585525,451201,808294,894219,42544,552187,489188,964133,910527,423

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets1,604,1251,607,8441,602,75613,7375,5487,2299,42912,3107,9924,2915,4426,9088,2766,2323,448,792
Intangible Assets000000000000000
Investments & Other0002,717,3733,150,0003,150,0004,000,0003,148,3703,148,3703,262,2903,443,9403,440,7553,440,7553,440,7550
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,604,1251,607,8441,602,7562,731,1103,155,5483,157,2294,009,4293,160,6803,156,3623,266,5813,449,3823,447,6633,449,0313,446,9873,448,792
Stock & work in progress0008508508508808801,1108808801,7503,558987452
Trade Debtors1,281,8891,335,7591,471,8481,409,916148,670162,298120,968147,779153,192129,544833,466775,056768,858753,627110,838
Group Debtors000000000000000
Misc Debtors00001,100,1651,089,868000000000
Cash000210,03061,70832,36980,051309,34957,55345,34917,689106,26232,26833,630142,951
misc current assets000000000000000
total current assets1,281,8891,335,7591,471,8481,620,7961,311,3931,285,385201,899458,008211,855175,773852,035883,068804,684788,244254,241
total assets2,886,0142,943,6033,074,6044,351,9064,466,9414,442,6144,211,3283,618,6883,368,2173,442,3544,301,4174,330,7314,253,7154,235,2313,703,033
Bank overdraft000847,000945,000993,0301,041,4371,688,6890000000
Bank loan000000000000000
Trade Creditors 306,411306,364310,5785,79480,76718,6778,9236,4912,174,4922,482,9103,514,5343,577,2633,641,5823,731,3843,294,619
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000313,179522,843557,179420,136613,2060000000
total current liabilities306,411306,364310,5781,165,9731,548,6101,568,8861,470,4962,308,3862,174,4922,482,9103,514,5343,577,2633,641,5823,731,3843,294,619
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000090,00000000030,00030,000
provisions36,90036,90036,90060,50071,50071,500000000000
total long term liabilities36,90036,90036,90060,50071,50071,50090,00000000030,00030,000
total liabilities343,311343,264347,4781,226,4731,620,1101,640,3861,560,4962,308,3862,174,4922,482,9103,514,5343,577,2633,641,5823,761,3843,324,619
net assets2,542,7032,600,3392,727,1263,125,4332,846,8312,802,2282,650,8321,310,3021,193,725959,444786,883753,468612,133473,847378,414
total shareholders funds2,542,7032,600,3392,727,1263,125,4332,846,8312,802,2282,650,8321,310,3021,193,725959,444786,883753,468612,133473,847378,414
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-57,636-126,787862,461-742,838120,1211,472,385522,570198,034292,594218,27443,086185,621186,708132,104525,079
Depreciation003,3544,4451,6812,2002,8813,7742,3001,1511,4661,8682,2561,8062,344
Amortisation000000000000000
Tax00-158,9790-10,462-266,787-83,171-29,144-58,570-45,871-9,981-44,632-48,587-37,113-147,122
Stock00-85000-300-2302300-870-1,8082,571535452
Debtors-53,870-136,08961,932161,081-3,3311,131,198-26,811-5,41323,648-703,92258,4106,19815,231642,789110,838
Creditors47-4,214304,784-74,97362,0909,7542,432-2,168,001-308,418-1,031,624-62,729-64,319-89,802436,7653,294,619
Accruals and Deferred Income00-313,179-209,664-34,336137,043-193,070613,2060000000
Deferred Taxes & Provisions00-23,600-11,000071,500000000000
Cash flow from operations-3,7195,088613,759-1,195,111142,425294,927278,453-1,376,488-95,972-154,148-85,69874,14832,773-109,7623,563,630
Investing Activities
capital expenditure3,719-5,088-1,592,373-12,634000-8,092-6,00100-500-4,3003,440,754-3,451,136
Change in Investments00-2,717,373-432,6270-850,000851,6300-113,920-181,6503,185003,440,7550
cash flow from investments3,719-5,0881,125,000419,9930850,000-851,630-8,092107,919181,650-3,185-500-4,300-1-3,451,136
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000-90,00090,00000000-30,000030,000
share issue00-1,076,0601,075,9600-985,960985,9600000000100
interest00-25,729-54,520-65,056-68,241-84,829-52,313257158310346165441357
cash flow from financing00-1,101,7891,021,440-65,056-1,144,201991,131-52,313257158310346-29,83544130,457
cash and cash equivalents
cash00-210,030148,32229,339-47,682-229,298251,79612,20427,660-88,57373,994-1,362-109,321142,951
overdraft00-847,000-98,000-48,030-48,407-647,2521,688,6890000000
change in cash00636,970246,32277,369725417,954-1,436,89312,20427,660-88,57373,994-1,362-109,321142,951

g.t. homer (electrical contractors) 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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G.t. Homer (electrical Contractors) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for g.t. homer (electrical contractors) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WS11 area or any other competitors across 12 key performance metrics.

g.t. homer (electrical contractors) limited Ownership

G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED group structure

G.T. Homer (Electrical Contractors) Limited has no subsidiary companies.

Ultimate parent company

G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED

01818647

G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED Shareholders

george thomas homer 73%
g.t. homer discretionary trust 10%
g.t. homer electrical contractors ltd settlement 2010 9%
stuart homer 3%
martin homer 3%
samantha homer 2%

g.t. homer (electrical contractors) limited directors

G.T. Homer (Electrical Contractors) Limited currently has 1 director, Mr George Homer serving since Apr 1991.

officercountryagestartendrole
Mr George Homer82 years Apr 1991- Director

P&L

September 2023

turnover

3m

0%

operating profit

-57.6k

0%

gross margin

21.7%

+0.8%

turnover

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

Balance Sheet

September 2023

net assets

2.5m

-0.02%

total assets

2.9m

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

g.t. homer (electrical contractors) limited company details

company number

01818647

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

May 1984

age

41

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

hatherton hall hatherton, cannock, staffs, WS11 1RH

Bank

YORKSHIRE BANK PLC

Legal Advisor

-

g.t. homer (electrical contractors) 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 18 charges/mortgages relating to g.t. homer (electrical contractors) limited. Currently there are 4 open charges and 14 have been satisfied in the past.

g.t. homer (electrical contractors) 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.

Click to start generating capital raising & share issue transactions for G.T. HOMER (ELECTRICAL CONTRACTORS) LIMITED. This can take several minutes, an email will notify you when this has completed.

g.t. homer (electrical contractors) limited Companies House Filings - See Documents

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