western electrical limited
western electrical limited Company Information
Company Number
01962789
Website
www.western-electrical.co.ukRegistered Address
edmundson house tatton street, knutsford, cheshire, WA16 6AY
Industry
Dormant Company
Telephone
01752268411
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
western electrical holding ltd 100%
western electrical limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN ELECTRICAL LIMITED at £0 based on a Turnover of £6.4m and 0x industry multiple (adjusted for size and gross margin).
western electrical limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN ELECTRICAL LIMITED at £0 based on an EBITDA of £0 and a 0x industry multiple (adjusted for size and gross margin).
western electrical limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN ELECTRICAL LIMITED at £0 based on Net Assets of £-2.1m and 0x industry multiple (adjusted for liquidity).
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Western Electrical Limited Overview
Western Electrical Limited is a live company located in cheshire, WA16 6AY with a Companies House number of 01962789. It operates in the dormant company sector, SIC Code 99999. Founded in November 1985, it's largest shareholder is western electrical holding ltd with a 100% stake. Western Electrical Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.4m with declining growth in recent years.
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Western Electrical Limited Health Check
Pomanda's financial health check has awarded Western Electrical Limited a 2 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
2 Strong
1 Regular
5 Weak
Size
annual sales of £6.4m, make it smaller than the average company (£9.4m)
- Western Electrical Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.8%)
- Western Electrical Limited
7.8% - Industry AVG
Production
with a gross margin of 20.9%, this company has a higher cost of product (35.3%)
- Western Electrical Limited
35.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Western Electrical Limited
- - Industry AVG
Employees
with 17 employees, this is below the industry average (65)
- Western Electrical Limited
65 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Western Electrical Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £374.1k, this is more efficient (£185.9k)
- Western Electrical Limited
£185.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Western Electrical Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 151 days, this is slower than average (42 days)
- Western Electrical Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Western Electrical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Western Electrical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1971518.9%, this is a higher level of debt than the average (77.9%)
1971518.9% - Western Electrical Limited
77.9% - Industry AVG
western electrical limited Credit Report and Business Information
Western Electrical Limited Competitor Analysis
Perform a competitor analysis for western electrical limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
western electrical limited Ownership
WESTERN ELECTRICAL LIMITED group structure
Western Electrical Limited has 4 subsidiary companies.
Ultimate parent company
BLACKFRIARS CORP
#0003968
2 parents
WESTERN ELECTRICAL LIMITED
01962789
4 subsidiaries
western electrical limited directors
Western Electrical Limited currently has 4 directors. The longest serving directors include Mr Philip Elsegood (Jul 2013) and Mr Douglas McNair (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Elsegood | England | 66 years | Jul 2013 | - | Director |
| Mr Douglas McNair | 76 years | Jul 2013 | - | Director | |
| Mr William Woof | England | 73 years | Jul 2013 | - | Director |
| Mr Douglas Christie | England | 45 years | Jun 2021 | - | Director |
WESTERN ELECTRICAL LIMITED financials
Western Electrical Limited's latest turnover from December 2023 is estimated at £6.4 million and the company has net assets of -£2.1 million. According to their latest financial statements, we estimate that Western Electrical Limited has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,774,426 | 25,093,922 | 26,563,790 | 23,145,628 | 22,099,491 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 15,121,092 | 18,953,702 | 20,460,974 | 17,478,840 | 16,785,436 | ||||||||||
| Gross Profit | 4,653,334 | 6,140,220 | 6,102,816 | 5,666,788 | 5,314,055 | ||||||||||
| Admin Expenses | 6,226,579 | 5,661,564 | 5,585,645 | 5,267,185 | 5,012,658 | ||||||||||
| Operating Profit | -1,573,245 | 478,656 | 517,171 | 399,603 | 301,397 | ||||||||||
| Interest Payable | 166,306 | 270,252 | 164,792 | 104,171 | 97,057 | ||||||||||
| Interest Receivable | 30,657 | 138,299 | 355 | 54,362 | 73,155 | ||||||||||
| Pre-Tax Profit | -3,512,446 | 346,703 | 352,734 | 349,794 | 277,495 | ||||||||||
| Tax | 12,606 | -72,976 | -111,165 | -108,648 | -86,758 | ||||||||||
| Profit After Tax | -3,499,840 | 273,727 | 241,569 | 241,146 | 190,737 | ||||||||||
| Dividends Paid | 0 | 50,000 | 100,000 | 90,000 | 120,000 | ||||||||||
| Retained Profit | -3,499,840 | 223,727 | 141,569 | 151,146 | 70,737 | ||||||||||
| Employee Costs | 3,345,795 | 3,832,383 | 3,562,678 | 3,426,154 | 3,324,226 | ||||||||||
| Number Of Employees | 136 | 143 | 140 | 137 | 129 | ||||||||||
| EBITDA* | -1,378,409 | 534,301 | 568,814 | 460,450 | 368,781 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 0 | 0 | 0 | 402,663 | 240,114 | 342,355 | 369,848 | 407,130 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 976,324 | 976,324 | 976,324 | 976,324 |
| Total Fixed Assets | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 0 | 0 | 0 | 402,663 | 1,216,438 | 1,318,679 | 1,346,172 | 1,383,454 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,905,992 | 1,537,529 | 1,737,246 | 2,018,923 | 1,813,279 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,048,287 | 5,416,471 | 5,612,510 | 5,079,570 | 4,103,675 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,738,237 | 3,330,122 | 2,321,743 | 1,511,762 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 953,293 | 98,875 | 103,479 | 96,260 | 128,750 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,996,822 | 1,500 | 1,859 | 1,859 | 1,860 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,904,394 | 10,792,612 | 10,785,216 | 9,518,355 | 7,559,326 |
| total assets | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 0 | 0 | 0 | 9,307,057 | 12,009,050 | 12,103,895 | 10,864,527 | 8,942,780 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 416,588 | 366,251 | 823,154 | 641,367 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 0 | 0 | 0 | 3,831,598 | 5,050,995 | 5,398,847 | 4,892,767 | 3,520,649 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,085,328 | 1,382,070 | 330,420 | 148,527 | 223,908 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,303,192 | 3,208,532 | 2,682,672 | 2,698,696 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,333 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 344,532 | 825,668 | 1,012,805 | 670,440 | 351,047 |
| total current liabilities | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 0 | 0 | 0 | 10,261,458 | 9,987,846 | 10,316,855 | 9,217,560 | 7,435,667 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,740 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,667 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 549,000 | 13,098 | 14,328 | 15,824 | 18,374 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 549,000 | 24,765 | 14,328 | 15,824 | 27,114 |
| total liabilities | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 2,089,810 | 0 | 0 | 0 | 10,810,458 | 10,012,611 | 10,331,183 | 9,233,384 | 7,462,781 |
| net assets | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | 0 | 0 | 0 | -1,503,401 | 1,996,439 | 1,772,712 | 1,631,143 | 1,479,999 |
| total shareholders funds | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | -2,089,704 | 0 | 0 | 0 | -1,503,401 | 1,996,439 | 1,772,712 | 1,631,143 | 1,479,999 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,573,245 | 478,656 | 517,171 | 399,603 | 301,397 | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 194,836 | 55,645 | 51,643 | 60,847 | 67,384 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 12,606 | -72,976 | -111,165 | -108,648 | -86,758 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,905,992 | 168,746 | -199,717 | -281,677 | 205,644 | 1,813,279 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,001,580 | -5,020,855 | 207,472 | 1,548,538 | 1,753,386 | 6,720,511 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 2,089,810 | 0 | 0 | -3,831,598 | -1,567,249 | -347,852 | 506,080 | 1,372,118 | 3,520,649 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -344,532 | -668,273 | -187,137 | 342,365 | 319,393 | 351,047 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -549,000 | 534,672 | -1,230 | -1,496 | -2,550 | 18,374 |
| Cash flow from operations | 1,785,456 | -82,649 | 37,737 | 81,733 | -4,361,697 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| 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 | 0 | -6,085,328 | 5,754,908 | 1,051,650 | 181,893 | -75,381 | 223,908 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,208,532 | -905,340 | 525,860 | -16,024 | 2,698,696 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,740 | 8,740 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -135,649 | -131,953 | -164,437 | -49,809 | -23,902 | ||||||||||
| cash flow from financing | 2,634,454 | 35,357 | 543,316 | -149,956 | 4,316,704 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,996,822 | 1,994,963 | -359 | 0 | -1 | 1,860 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -366,251 | 50,337 | -456,903 | 181,787 | 641,367 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,996,822 | 2,361,214 | -50,696 | 456,903 | -181,788 | -639,507 |
P&L
December 2023turnover
6.4m
+8%
operating profit
0
0%
gross margin
20.9%
+5.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.1m
0%
total assets
106
0%
cash
0
0%
net assets
Total assets minus all liabilities
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western electrical limited company details
company number
01962789
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
November 1985
age
39
accounts
Micro-Entity Accounts
ultimate parent company
previous names
western electrical wholesale limited (December 2003)
plymouth electrical wholesalers limited (December 1998)
incorporated
UK
address
edmundson house tatton street, knutsford, cheshire, WA16 6AY
last accounts submitted
December 2023
western electrical 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 10 charges/mortgages relating to western electrical limited. Currently there are 0 open charges and 10 have been satisfied in the past.
western electrical limited Companies House Filings - See Documents
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