r.d.m. electrical services limited
r.d.m. electrical services limited Company Information
Company Number
02229614
Next Accounts
Dec 2024
Industry
Electrical installation
Shareholders
raven delta limited
emma sainsbury
View AllGroup Structure
View All
Contact
Registered Address
phoenix house llys felin newydd, swansea enterprise park, swansea, west glamorgan, SA7 9FG
Website
http://www.rdmems.co.ukr.d.m. electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of R.D.M. ELECTRICAL SERVICES LIMITED at £11.8m based on a Turnover of £18.8m and 0.63x industry multiple (adjusted for size and gross margin).
r.d.m. electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of R.D.M. ELECTRICAL SERVICES LIMITED at £5.2m based on an EBITDA of £834.9k and a 6.26x industry multiple (adjusted for size and gross margin).
r.d.m. electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of R.D.M. ELECTRICAL SERVICES LIMITED at £7.4m based on Net Assets of £2.5m and 2.93x industry multiple (adjusted for liquidity).
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R.d.m. Electrical Services Limited Overview
R.d.m. Electrical Services Limited is a live company located in swansea, SA7 9FG with a Companies House number of 02229614. It operates in the electrical installation sector, SIC Code 43210. Founded in March 1988, it's largest shareholder is raven delta limited with a 94.3% stake. R.d.m. Electrical Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.8m with healthy growth in recent years.
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R.d.m. Electrical Services Limited Health Check
Pomanda's financial health check has awarded R.D.M. Electrical Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £18.8m, make it larger than the average company (£927.6k)
£18.8m - R.d.m. Electrical Services Limited
£927.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.7%)
11% - R.d.m. Electrical Services Limited
6.7% - Industry AVG
Production
with a gross margin of 16%, this company has a higher cost of product (25.5%)
16% - R.d.m. Electrical Services Limited
25.5% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (6.4%)
4.4% - R.d.m. Electrical Services Limited
6.4% - Industry AVG
Employees
with 157 employees, this is above the industry average (12)
157 - R.d.m. Electrical Services Limited
12 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£41.1k)
£36.9k - R.d.m. Electrical Services Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £119.5k, this is equally as efficient (£128.3k)
£119.5k - R.d.m. Electrical Services Limited
£128.3k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (60 days)
72 days - R.d.m. Electrical Services Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (43 days)
37 days - R.d.m. Electrical Services Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is in line with average (7 days)
6 days - R.d.m. Electrical Services Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - R.d.m. Electrical Services Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.3%, this is a lower level of debt than the average (64.1%)
49.3% - R.d.m. Electrical Services Limited
64.1% - Industry AVG
R.D.M. ELECTRICAL SERVICES LIMITED financials
R.D.M. Electrical Services Limited's latest turnover from March 2023 is £18.8 million and the company has net assets of £2.5 million. According to their latest financial statements, R.D.M. Electrical Services Limited has 157 employees and maintains cash reserves of £8.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 18,753,687 | 14,386,234 | 12,012,135 | 13,649,695 | 12,986,379 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 15,758,342 | 12,151,862 | 10,266,100 | 11,466,956 | 11,316,014 | |||||||||
| Gross Profit | 2,995,345 | 2,234,372 | 1,746,035 | 2,182,739 | 1,670,365 | |||||||||
| Admin Expenses | 2,170,363 | 1,583,043 | 1,262,658 | 1,647,338 | 1,138,563 | |||||||||
| Operating Profit | 824,982 | 651,329 | 483,377 | 535,401 | 531,802 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 34 | 108 | 361 | 0 | 9 | |||||||||
| Pre-Tax Profit | 825,016 | 651,437 | 483,738 | 535,401 | 531,811 | |||||||||
| Tax | 0 | 39,986 | 83,229 | 117,162 | 75,261 | |||||||||
| Profit After Tax | 825,016 | 691,423 | 566,967 | 652,563 | 607,072 | |||||||||
| Dividends Paid | 343,422 | 675,335 | 604,550 | 199,895 | 168,880 | |||||||||
| Retained Profit | 481,594 | 16,088 | -37,583 | 452,668 | 438,192 | |||||||||
| Employee Costs | 5,800,845 | 3,978,034 | 3,960,454 | 3,506,769 | 3,235,305 | |||||||||
| Number Of Employees | 157 | 117 | 119 | 106 | 123 | 941 | 83 | 70 | ||||||
| EBITDA* | 834,852 | 659,835 | 506,843 | 579,250 | 577,610 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 19,940 | 11,054 | 21,852 | 30,968 | 67,029 | 101,273 | 138,911 | 25,177 | 35,534 | 26,706 | 36,264 | 39,694 | 48,170 | 45,922 |
| 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 | 19,940 | 11,054 | 21,852 | 30,968 | 67,029 | 101,273 | 138,911 | 25,177 | 35,534 | 26,706 | 36,264 | 39,694 | 48,170 | 45,922 |
| Stock & work in progress | 287,068 | 287,068 | 153,015 | 65,000 | 65,000 | 45,000 | 15,000 | 45,000 | 45,000 | 30,000 | 30,000 | 30,000 | 150,321 | 242,659 |
| Trade Debtors | 3,719,188 | 2,785,585 | 2,823,218 | 3,731,061 | 2,876,398 | 2,447,138 | 1,923,482 | 1,407,419 | 1,724,595 | 1,097,037 | 872,429 | 731,561 | 688,236 | 627,423 |
| Group Debtors | 104,188 | 122,081 | 120,222 | 158,468 | 97,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 861,170 | 923,790 | 562,951 | 264,430 | 237,387 | 303,446 | 340,286 | 252,436 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,205 | 419,928 | 471,124 | 329,249 | 666 | 533,392 | 928,404 | 87,321 | 62,856 | 21,872 | 465 | 110,943 | 712 | 365 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,979,819 | 4,538,452 | 4,130,530 | 4,548,208 | 3,276,763 | 3,328,976 | 3,207,172 | 1,792,176 | 1,832,451 | 1,148,909 | 902,894 | 872,504 | 839,269 | 870,447 |
| total assets | 4,999,759 | 4,549,506 | 4,152,382 | 4,579,176 | 3,343,792 | 3,430,249 | 3,346,083 | 1,817,353 | 1,867,985 | 1,175,615 | 939,158 | 912,198 | 887,439 | 916,369 |
| Bank overdraft | 35,392 | 0 | 0 | 0 | 172,613 | 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 | 1,637,132 | 1,744,448 | 1,610,534 | 1,977,940 | 960,075 | 1,755,138 | 1,659,760 | 548,109 | 1,409,028 | 827,927 | 671,622 | 586,095 | 571,515 | 609,075 |
| Group/Directors Accounts | 0 | 0 | 0 | 19,095 | 39,009 | 0 | 0 | 0 | 25,376 | 44,903 | 24,780 | 30,556 | 34,780 | 28,209 |
| 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 | 787,102 | 746,519 | 499,397 | 502,107 | 537,988 | 489,937 | 713,074 | 687,317 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,459,626 | 2,490,967 | 2,109,931 | 2,499,142 | 1,709,685 | 2,245,075 | 2,372,834 | 1,235,426 | 1,434,404 | 872,830 | 696,402 | 616,651 | 606,295 | 637,284 |
| 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 | 4,000 | 4,000 | 4,000 | 4,000 | 10,741 | 0 | 26,815 | 3,855 | 0 | 24 | 2,574 | 2,107 | 2,642 | 2,213 |
| total long term liabilities | 4,000 | 4,000 | 4,000 | 4,000 | 10,741 | 0 | 26,815 | 3,855 | 0 | 24 | 2,574 | 2,107 | 2,642 | 2,213 |
| total liabilities | 2,463,626 | 2,494,967 | 2,113,931 | 2,503,142 | 1,720,426 | 2,245,075 | 2,399,649 | 1,239,281 | 1,434,404 | 872,854 | 698,976 | 618,758 | 608,937 | 639,497 |
| net assets | 2,536,133 | 2,054,539 | 2,038,451 | 2,076,034 | 1,623,366 | 1,185,174 | 946,434 | 578,072 | 433,581 | 302,761 | 240,182 | 293,440 | 278,502 | 276,872 |
| total shareholders funds | 2,536,133 | 2,054,539 | 2,038,451 | 2,076,034 | 1,623,366 | 1,185,174 | 946,434 | 578,072 | 433,581 | 302,761 | 240,182 | 293,440 | 278,502 | 276,872 |
| 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 | 824,982 | 651,329 | 483,377 | 535,401 | 531,802 | |||||||||
| Depreciation | 9,870 | 8,506 | 23,466 | 43,849 | 45,808 | 45,167 | 27,141 | 12,399 | 14,744 | 12,995 | 13,147 | 15,409 | 18,242 | 17,751 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 39,986 | 83,229 | 117,162 | 75,261 | |||||||||
| Stock | 0 | 134,053 | 88,015 | 0 | 20,000 | 30,000 | -30,000 | 0 | 15,000 | 0 | 0 | -120,321 | -92,338 | 242,659 |
| Debtors | 853,090 | 325,065 | -647,568 | 942,862 | 460,513 | 486,816 | 603,913 | -64,740 | 627,558 | 224,608 | 140,868 | 43,325 | 60,813 | 627,423 |
| Creditors | -107,316 | 133,914 | -367,406 | 1,017,865 | -795,063 | 95,378 | 1,111,651 | -860,919 | 581,101 | 156,305 | 85,527 | 14,580 | -37,560 | 609,075 |
| Accruals and Deferred Income | 40,583 | 247,122 | -2,710 | -35,881 | 48,051 | -223,137 | 25,757 | 687,317 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -6,741 | 10,741 | -26,815 | 22,960 | 3,855 | -24 | -2,550 | 467 | -535 | 429 | 2,213 |
| Cash flow from operations | -84,971 | 621,739 | 779,509 | 728,793 | -563,913 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | -19,095 | -19,914 | 39,009 | 0 | 0 | -25,376 | -19,527 | 20,123 | -5,776 | -4,224 | 6,571 | 28,209 |
| 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 | ||||||||||||||
| interest | 34 | 108 | 361 | 0 | 9 | |||||||||
| cash flow from financing | 34 | 108 | -18,734 | -19,914 | 39,018 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -411,723 | -51,196 | 141,875 | 328,583 | -532,726 | -395,012 | 841,083 | 24,465 | 40,984 | 21,407 | -110,478 | 110,231 | 347 | 365 |
| overdraft | 35,392 | 0 | 0 | -172,613 | 172,613 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -447,115 | -51,196 | 141,875 | 501,196 | -705,339 | -395,012 | 841,083 | 24,465 | 40,984 | 21,407 | -110,478 | 110,231 | 347 | 365 |
r.d.m. electrical services limited Credit Report and Business Information
R.d.m. Electrical Services Limited Competitor Analysis
Perform a competitor analysis for r.d.m. electrical services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SA7 area or any other competitors across 12 key performance metrics.
r.d.m. electrical services limited Ownership
R.D.M. ELECTRICAL SERVICES LIMITED group structure
R.D.M. Electrical Services Limited has 1 subsidiary company.
Ultimate parent company
1 parent
R.D.M. ELECTRICAL SERVICES LIMITED
02229614
1 subsidiary
r.d.m. electrical services limited directors
R.D.M. Electrical Services Limited currently has 3 directors. The longest serving directors include Mr David Kieft (Mar 1993) and Mr Steven Pridmore (Apr 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Kieft | 61 years | Mar 1993 | - | Director | |
| Mr Steven Pridmore | 56 years | Apr 2009 | - | Director | |
| Mr Mark Sainsbury | Wales | 61 years | Apr 2016 | - | Director |
P&L
March 2023turnover
18.8m
+30%
operating profit
825k
+27%
gross margin
16%
+2.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.5m
+0.23%
total assets
5m
+0.1%
cash
8.2k
-0.98%
net assets
Total assets minus all liabilities
r.d.m. electrical services limited company details
company number
02229614
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
March 1988
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
grimbrook limited (May 1988)
accountant
-
auditor
JAMES & UZZELL LTD
address
phoenix house llys felin newydd, swansea enterprise park, swansea, west glamorgan, SA7 9FG
Bank
-
Legal Advisor
-
r.d.m. 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 found 3 charges/mortgages relating to r.d.m. electrical services limited. Currently there are 3 open charges and 0 have been satisfied in the past.
r.d.m. electrical services limited Companies House Filings - See Documents
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