bonnells electrical contractors limited Company Information
Company Number
02297919
Next Accounts
Jun 2025
Industry
Electrical installation
Shareholders
ea-rs group limited
Group Structure
View All
Contact
Registered Address
4 swanbridge industrial park, croft road, witham, CM8 3YN
Website
www.bonnells.co.ukbonnells electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of BONNELLS ELECTRICAL CONTRACTORS LIMITED at £648.6k based on a Turnover of £1.3m and 0.5x industry multiple (adjusted for size and gross margin).
bonnells electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of BONNELLS ELECTRICAL CONTRACTORS LIMITED at £2.2m based on an EBITDA of £459.9k and a 4.8x industry multiple (adjusted for size and gross margin).
bonnells electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of BONNELLS ELECTRICAL CONTRACTORS LIMITED at £3.5m based on Net Assets of £1.3m and 2.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bonnells Electrical Contractors Limited Overview
Bonnells Electrical Contractors Limited is a live company located in witham, CM8 3YN with a Companies House number of 02297919. It operates in the electrical installation sector, SIC Code 43210. Founded in September 1988, it's largest shareholder is ea-rs group limited with a 100% stake. Bonnells Electrical Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Bonnells Electrical Contractors Limited Health Check
Pomanda's financial health check has awarded Bonnells Electrical Contractors Limited a 4.5 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
5 Strong
2 Regular
4 Weak
Size
annual sales of £1.8m, make it larger than the average company (£1.2m)
- Bonnells Electrical Contractors Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.8%)
- Bonnells Electrical Contractors Limited
5.8% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- Bonnells Electrical Contractors Limited
26% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (6.1%)
- Bonnells Electrical Contractors Limited
6.1% - Industry AVG
Employees
with 20 employees, this is above the industry average (14)
20 - Bonnells Electrical Contractors Limited
14 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Bonnells Electrical Contractors Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £92.2k, this is less efficient (£133.5k)
- Bonnells Electrical Contractors Limited
£133.5k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (59 days)
- Bonnells Electrical Contractors Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (43 days)
- Bonnells Electrical Contractors Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bonnells Electrical Contractors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 165 weeks, this is more cash available to meet short term requirements (23 weeks)
165 weeks - Bonnells Electrical Contractors Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (62.3%)
22.4% - Bonnells Electrical Contractors Limited
62.3% - Industry AVG
BONNELLS ELECTRICAL CONTRACTORS LIMITED financials
Bonnells Electrical Contractors Limited's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of £1.3 million. According to their latest financial statements, Bonnells Electrical Contractors Limited has 19 employees and maintains cash reserves of £706.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 19 | 20 | 20 | 20 | 20 | 20 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 12,249 | 15,070 | 39,450 | 61,345 | 50,801 | 64,634 | 46,205 | 35,070 | 24,972 | 16,493 | 21,493 | 17,394 | 23,252 | 31,673 | 14,477 |
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 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 12,249 | 15,070 | 39,450 | 61,345 | 50,801 | 64,634 | 46,205 | 35,070 | 24,972 | 16,493 | 21,493 | 17,394 | 23,252 | 31,673 | 14,477 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 212,595 | 422,051 | 775,128 | 572,029 | 315,818 | 399,022 | 245,714 | 230,430 | 298,100 | 233,203 | 306,325 | 258,476 | 457,626 | 294,452 | 225,195 |
Group Debtors | 771,695 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 73,797 | 11,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 706,563 | 1,066,244 | 490,813 | 405,524 | 228,791 | 162,269 | 115,356 | 78,683 | 2,742 | 41,110 | 71,192 | 106,124 | 14,198 | 29,049 | 38,361 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,764,650 | 1,499,695 | 1,265,941 | 977,553 | 544,609 | 561,291 | 361,070 | 309,113 | 300,842 | 274,313 | 377,517 | 364,600 | 471,824 | 323,501 | 263,556 |
total assets | 1,776,899 | 1,514,765 | 1,305,391 | 1,038,898 | 595,410 | 625,925 | 407,275 | 344,183 | 325,814 | 290,806 | 399,010 | 381,994 | 495,076 | 355,174 | 278,033 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 28,627 | 35,003 | 366,421 | 442,801 | 224,027 | 275,515 | 196,573 | 47,107 | 26,730 | 133,358 | 144,575 | 127,348 | 239,874 | 254,166 | 197,445 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 447,387 | 300,820 | 0 | 0 | 0 | 0 | 0 | 109,686 | 127,972 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 476,014 | 335,823 | 366,421 | 442,801 | 224,027 | 275,515 | 196,573 | 156,793 | 154,702 | 133,358 | 144,575 | 127,348 | 239,874 | 254,166 | 197,445 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79,934 | 79,934 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 79,934 | 79,934 | 79,934 | 79,934 | 0 | 0 | 79,934 | 79,934 | 79,934 | 79,934 | 79,934 | 79,966 |
provisions | 3,062 | 2,863 | 7,496 | 11,656 | 9,652 | 12,100 | 8,028 | 5,767 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 3,062 | 2,863 | 7,496 | 91,590 | 89,586 | 92,034 | 87,962 | 85,701 | 79,934 | 79,934 | 79,934 | 79,934 | 79,934 | 79,934 | 79,966 |
total liabilities | 479,076 | 338,686 | 373,917 | 534,391 | 313,613 | 367,549 | 284,535 | 242,494 | 234,636 | 213,292 | 224,509 | 207,282 | 319,808 | 334,100 | 277,411 |
net assets | 1,297,823 | 1,176,079 | 931,474 | 504,507 | 281,797 | 258,376 | 122,740 | 101,689 | 91,178 | 77,514 | 174,501 | 174,712 | 175,268 | 21,074 | 622 |
total shareholders funds | 1,297,823 | 1,176,079 | 931,474 | 504,507 | 281,797 | 258,376 | 122,740 | 101,689 | 91,178 | 77,514 | 174,501 | 174,712 | 175,268 | 21,074 | 622 |
Sep 2023 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 2,821 | 23,075 | 40,454 | 35,435 | 27,216 | 28,609 | 13,131 | 9,580 | 7,901 | 5,000 | 1,000 | 14,155 | 11,621 | 9,714 | 7,885 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 282,959 | -341,677 | 203,099 | 256,211 | -83,204 | 153,308 | 15,284 | -67,670 | 64,897 | -73,122 | 47,849 | -199,150 | 163,174 | 69,257 | 225,195 |
Creditors | -337,794 | -331,418 | -76,380 | 218,774 | -51,488 | 78,942 | 149,466 | 20,377 | -106,628 | -11,217 | 17,227 | -112,526 | -14,292 | 56,721 | 197,445 |
Accruals and Deferred Income | 447,387 | 300,820 | 0 | 0 | 0 | 0 | -109,686 | -18,286 | 127,972 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -4,434 | -4,633 | -4,160 | 2,004 | -2,448 | 4,072 | 2,261 | 5,767 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
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 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -79,934 | 0 | 79,934 | 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 | 0 |
other long term liabilities | 0 | 0 | -79,934 | 0 | 0 | 0 | 79,934 | 0 | -79,934 | 0 | 0 | 0 | 0 | -32 | 79,966 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 215,750 | 575,431 | 85,289 | 176,733 | 66,522 | 46,913 | 36,673 | 75,941 | -38,368 | -30,082 | -34,932 | 91,926 | -14,851 | -9,312 | 38,361 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 215,750 | 575,431 | 85,289 | 176,733 | 66,522 | 46,913 | 36,673 | 75,941 | -38,368 | -30,082 | -34,932 | 91,926 | -14,851 | -9,312 | 38,361 |
bonnells electrical contractors limited Credit Report and Business Information
Bonnells Electrical Contractors Limited Competitor Analysis
Perform a competitor analysis for bonnells electrical contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CM8 area or any other competitors across 12 key performance metrics.
bonnells electrical contractors limited Ownership
BONNELLS ELECTRICAL CONTRACTORS LIMITED group structure
Bonnells Electrical Contractors Limited has no subsidiary companies.
Ultimate parent company
2 parents
BONNELLS ELECTRICAL CONTRACTORS LIMITED
02297919
bonnells electrical contractors limited directors
Bonnells Electrical Contractors Limited currently has 2 directors. The longest serving directors include Mr Alan Wheal (Sep 2023) and Mr Mark Wheeler (Sep 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Alan Wheal | England | 56 years | Sep 2023 | - | Director |
Mr Mark Wheeler | 49 years | Sep 2023 | - | Director |
P&L
September 2023turnover
1.3m
-60%
operating profit
457k
0%
gross margin
26.2%
+4.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.3m
+0.39%
total assets
1.8m
+0.36%
cash
706.6k
+0.44%
net assets
Total assets minus all liabilities
bonnells electrical contractors limited company details
company number
02297919
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
September 1988
age
36
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
wisehale limited (February 1989)
accountant
-
auditor
-
address
4 swanbridge industrial park, croft road, witham, CM8 3YN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bonnells 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 5 charges/mortgages relating to bonnells electrical contractors limited. Currently there are 1 open charges and 4 have been satisfied in the past.
bonnells 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.
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bonnells electrical contractors limited Companies House Filings - See Documents
date | description | view/download |
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