edmundson electrical limited

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edmundson electrical limited Company Information

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Company Number

02667012

Registered Address

edmundson house tatton street, knutsford, cheshire, WA16 6AY

Industry

Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.

 

Telephone

01565700100

Next Accounts Due

September 2024

Group Structure

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Directors

Douglas McNair32 Years

William Woof23 Years

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Shareholders

marlowe holdings investments ltd 100%

edmundson electrical limited Estimated Valuation

£905.5m

Pomanda estimates the enterprise value of EDMUNDSON ELECTRICAL LIMITED at £905.5m based on a Turnover of £1.7b and 0.54x industry multiple (adjusted for size and gross margin).

edmundson electrical limited Estimated Valuation

£1.3b

Pomanda estimates the enterprise value of EDMUNDSON ELECTRICAL LIMITED at £1.3b based on an EBITDA of £151.3m and a 8.58x industry multiple (adjusted for size and gross margin).

edmundson electrical limited Estimated Valuation

£841.2m

Pomanda estimates the enterprise value of EDMUNDSON ELECTRICAL LIMITED at £841.2m based on Net Assets of £409.9m and 2.05x industry multiple (adjusted for liquidity).

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Edmundson Electrical Limited Overview

Edmundson Electrical Limited is a live company located in cheshire, WA16 6AY with a Companies House number of 02667012. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46439. Founded in November 1991, it's largest shareholder is marlowe holdings investments ltd with a 100% stake. Edmundson Electrical Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.7b with healthy growth in recent years.

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Edmundson Electrical Limited Health Check

Pomanda's financial health check has awarded Edmundson Electrical Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £1.7b, make it larger than the average company (£22.1m)

£1.7b - Edmundson Electrical Limited

£22.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.2%)

8% - Edmundson Electrical Limited

6.2% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a comparable cost of product (22%)

26.3% - Edmundson Electrical Limited

22% - Industry AVG

profitability

Profitability

an operating margin of 9% make it more profitable than the average company (3.9%)

9% - Edmundson Electrical Limited

3.9% - Industry AVG

employees

Employees

with 3581 employees, this is above the industry average (44)

3581 - Edmundson Electrical Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.4k, the company has a higher pay structure (£47.7k)

£59.4k - Edmundson Electrical Limited

£47.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £464.8k, this is equally as efficient (£546.1k)

£464.8k - Edmundson Electrical Limited

£546.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (59 days)

59 days - Edmundson Electrical Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (33 days)

55 days - Edmundson Electrical Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 90 days, this is in line with average (77 days)

90 days - Edmundson Electrical Limited

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)

2 weeks - Edmundson Electrical Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43%, this is a lower level of debt than the average (57.4%)

43% - Edmundson Electrical Limited

57.4% - Industry AVG

edmundson electrical 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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Edmundson Electrical Limited Competitor Analysis

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edmundson electrical limited Ownership

EDMUNDSON ELECTRICAL LIMITED group structure

Edmundson Electrical Limited has 1 subsidiary company.

Ultimate parent company

BLACKFRIARS CORP

#0003968

2 parents

EDMUNDSON ELECTRICAL LIMITED

02667012

1 subsidiary

EDMUNDSON ELECTRICAL LIMITED Shareholders

marlowe holdings investments ltd 100%

edmundson electrical limited directors

Edmundson Electrical Limited currently has 7 directors. The longest serving directors include Mr Douglas McNair (Dec 1991) and Mr William Woof (Nov 2000).

officercountryagestartendrole
Mr Douglas McNair76 years Dec 1991- Director
Mr William WoofEngland73 years Nov 2000- Director
Mr Philip ElsegoodEngland66 years Dec 2001- Director
Mr Mark FelberEngland60 years Jan 2010- Director
Mr Douglas ChristieEngland45 years Jun 2021- Director
Mr Gary MasonEngland57 years May 2022- Director
Mr Benjamin Armstrong48 years Jan 2024- Director

EDMUNDSON ELECTRICAL LIMITED financials

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Edmundson Electrical Limited's latest turnover from December 2022 is £1.7 billion and the company has net assets of £409.9 million. According to their latest financial statements, Edmundson Electrical Limited has 3,581 employees and maintains cash reserves of £12.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,664,557,0001,415,490,0001,190,653,0001,306,572,0001,263,159,0001,263,885,0001,268,458,0001,268,392,0001,159,115,0001,093,411,0001,116,663,0001,022,993,000851,703,000788,182,000
Other Income Or Grants00000000000000
Cost Of Sales1,226,041,0001,029,350,000877,955,000986,993,000955,057,000957,118,000974,335,000983,506,000898,614,000847,655,000868,687,000804,795,000666,649,000613,949,000
Gross Profit438,516,000386,140,000312,698,000319,579,000308,102,000306,767,000294,123,000284,886,000260,501,000245,756,000247,976,000218,198,000185,054,000174,233,000
Admin Expenses288,847,000274,810,000246,808,000256,058,000244,606,000244,402,000234,249,000213,397,000195,537,000188,868,000184,215,000162,381,000131,038,000126,910,000
Operating Profit149,669,000111,330,00065,890,00063,521,00063,496,00062,365,00059,874,00071,489,00064,964,00056,888,00063,761,00055,817,00054,016,00047,323,000
Interest Payable856,000415,000702,000938,000543,00077,000443,000255,0001,0002,0004,0002,00015,00012,867,000
Interest Receivable1,850,000586,0001,825,0002,572,0001,910,0001,182,0001,707,0001,537,0001,244,0001,180,0001,346,000955,000765,00010,904,000
Pre-Tax Profit150,663,000111,501,00067,013,00065,155,00064,863,00063,470,00061,138,00072,771,00066,207,00058,066,00064,741,00056,948,00052,651,00045,360,000
Tax-29,335,000-20,501,000-12,799,000-13,640,000-13,341,000-13,324,000-13,276,000-15,697,000-15,256,000-14,387,000-17,076,000-15,716,000-15,647,000-13,431,000
Profit After Tax121,328,00091,000,00054,214,00051,515,00051,522,00050,146,00047,862,00057,074,00050,951,00043,679,00047,665,00041,232,00037,004,00031,929,000
Dividends Paid120,000,00090,000,00045,000,00050,000,00040,000,00030,000,00030,000,00040,000,00035,000,00030,000,000850,000000
Retained Profit1,328,0001,000,0009,214,0001,515,00011,522,00020,146,00017,862,00017,074,00015,951,00013,679,00046,815,00041,232,00037,004,00031,929,000
Employee Costs212,550,000192,156,000178,340,000179,129,000172,525,000168,883,000165,226,000155,790,000139,755,000131,294,000130,690,000114,419,00097,428,00091,695,000
Number Of Employees3,5813,5043,9284,1644,1884,2324,2114,1093,8673,7513,7913,3293,0103,051
EBITDA*151,303,000113,417,00069,042,00066,987,00067,372,00065,956,00063,465,00074,459,00071,847,00065,530,00072,407,00060,001,00056,036,00049,018,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,993,0003,268,0004,370,0006,298,0008,529,00010,486,00010,732,0009,882,0008,128,0009,989,0007,141,0003,457,0003,097,0003,685,000
Intangible Assets0000000003,017,0008,190,00013,363,00000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets2,993,0003,268,0004,370,0006,298,0008,529,00010,486,00010,732,0009,882,0008,128,00013,006,00015,331,00016,820,0003,097,0003,685,000
Stock & work in progress302,596,000247,224,000198,496,000183,026,000177,958,000183,451,000182,490,000174,447,000155,892,000152,323,000149,611,000140,107,000115,753,000104,142,000
Trade Debtors273,264,000228,983,000213,168,000214,469,000213,777,000227,213,000217,509,000219,431,000203,779,000190,595,000197,487,000205,650,000161,565,000133,239,000
Group Debtors2,517,0001,969,0001,454,0002,284,0001,820,0001,397,0001,020,000463,0002,606,000600,000385,000695,000766,000221,000
Misc Debtors19,017,00017,543,00013,238,00011,968,00013,555,00013,626,00012,710,00010,862,00012,442,00011,110,00012,608,00010,798,0008,586,0009,893,000
Cash12,479,00010,216,00010,593,00013,639,00023,338,00012,922,00018,537,00042,081,00045,015,00065,830,00097,115,00056,807,00071,402,00050,281,000
misc current assets106,425,000161,136,000216,550,000186,580,000179,000,000155,000,000158,640,000138,042,000136,693,00088,809,00025,000,00025,000,00000
total current assets716,298,000667,071,000653,499,000611,966,000609,448,000593,609,000590,906,000585,326,000556,427,000509,267,000482,206,000439,057,000358,072,000297,776,000
total assets719,291,000670,339,000657,869,000618,264,000617,977,000604,095,000601,638,000595,208,000564,555,000522,273,000497,537,000455,877,000361,169,000301,461,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 185,164,000155,903,000172,434,000137,702,000138,016,000136,816,000152,522,000150,733,000144,752,000127,961,000112,519,000117,862,00088,484,00065,884,000
Group/Directors Accounts408,000141,0001,265,000317,000217,0000244,0005,798,0006,414,0006,376,0006,376,0006,434,0006,377,00010,712,000
other short term finances00000000000000
hp & lease commitments0000000009,00022,00022,00000
other current liabilities110,449,00090,426,00060,696,00068,209,00066,850,00068,057,00063,225,00070,205,00063,283,00055,433,00058,929,00059,026,00038,170,00036,848,000
total current liabilities296,021,000246,470,000234,395,000206,228,000205,083,000204,873,000215,991,000226,736,000214,449,000189,779,000177,846,000183,344,000133,031,000113,444,000
loans00000000000000
hp & lease commitments00000000009,00033,00000
Accruals and Deferred Income00000011,871,00010,469,0009,869,0008,205,0008,966,0008,460,0005,993,0005,082,000
other liabilities00000000000000
provisions13,350,00015,791,00016,674,00014,964,00014,459,00012,787,00000000000
total long term liabilities13,350,00015,791,00016,674,00014,964,00014,459,00012,787,00016,966,00010,469,0009,869,0008,205,0008,975,0008,927,00010,100,00028,755,000
total liabilities309,371,000262,261,000251,069,000221,192,000219,542,000217,660,000232,957,000237,205,000224,318,000197,984,000186,821,000192,271,000143,131,000142,199,000
net assets409,920,000408,078,000406,800,000397,072,000398,435,000386,435,000368,681,000358,003,000340,237,000324,289,000310,716,000263,606,000218,038,000159,262,000
total shareholders funds409,920,000408,078,000406,800,000397,072,000398,435,000386,435,000368,681,000358,003,000340,237,000324,289,000310,716,000263,606,000218,038,000159,262,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit149,669,000111,330,00065,890,00063,521,00063,496,00062,365,00059,874,00071,489,00064,964,00056,888,00063,761,00055,817,00054,016,00047,323,000
Depreciation1,634,0002,087,0003,152,0003,466,0003,876,0003,591,0003,591,0002,970,0003,866,0003,469,0003,473,0002,029,0002,020,0001,695,000
Amortisation000000003,017,0005,173,0005,173,0002,155,00000
Tax-29,335,000-20,501,000-12,799,000-13,640,000-13,341,000-13,324,000-13,276,000-15,697,000-15,256,000-14,387,000-17,076,000-15,716,000-15,647,000-13,431,000
Stock55,372,00048,728,00015,470,0005,068,000-5,493,000961,0008,043,00018,555,0003,569,0002,712,0009,504,00024,354,00011,611,000104,142,000
Debtors46,303,00020,635,000-861,000-431,000-13,084,00010,997,000483,00011,929,00016,522,000-8,175,000-6,663,00046,226,00027,564,000143,353,000
Creditors29,261,000-16,531,00034,732,000-314,0001,200,000-15,706,0001,789,0005,981,00016,791,00015,442,000-5,343,00029,378,00022,600,00065,884,000
Accruals and Deferred Income20,023,00029,730,000-7,513,0001,359,000-1,207,000-7,039,000-5,578,0007,522,0009,514,000-4,257,000409,00023,323,0002,233,00041,930,000
Deferred Taxes & Provisions-2,441,000-883,0001,710,000505,0001,672,00012,787,00000000000
Cash flow from operations67,136,00035,869,00070,563,00050,260,00074,273,00030,716,00037,874,00041,781,00062,805,00067,791,00047,556,00026,406,00026,047,000-104,094,000
Investing Activities
capital expenditure-1,359,000-985,000-1,224,000-1,235,000-1,919,000-3,345,000-4,441,000-4,724,000-2,005,000-6,317,000-7,157,000-17,907,000-1,432,000-5,380,000
Change in Investments00000000000000
cash flow from investments-1,359,000-985,000-1,224,000-1,235,000-1,919,000-3,345,000-4,441,000-4,724,000-2,005,000-6,317,000-7,157,000-17,907,000-1,432,000-5,380,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts267,000-1,124,000948,000100,000217,000-244,000-5,554,000-616,00038,0000-58,00057,000-4,335,00010,712,000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000-9,000-22,000-24,00055,00000
other long term liabilities00000000000000
share issue514,000278,000514,000-2,878,000478,000-2,392,000-7,184,000692,000-3,000-106,000295,0004,336,00021,772,000127,333,000
interest994,000171,0001,123,0001,634,0001,367,0001,105,0001,264,0001,282,0001,243,0001,178,0001,342,000953,000750,000-1,963,000
cash flow from financing1,775,000-675,0002,585,000-1,144,0002,062,000-1,531,000-11,474,0001,358,0001,269,0001,050,0001,555,0005,401,00018,187,000136,082,000
cash and cash equivalents
cash2,263,000-377,000-3,046,000-9,699,00010,416,000-5,615,000-23,544,000-2,934,000-20,815,000-31,285,00040,308,000-14,595,00021,121,00050,281,000
overdraft00000000000000
change in cash2,263,000-377,000-3,046,000-9,699,00010,416,000-5,615,000-23,544,000-2,934,000-20,815,000-31,285,00040,308,000-14,595,00021,121,00050,281,000

P&L

December 2022

turnover

1.7b

+18%

operating profit

149.7m

+34%

gross margin

26.4%

-3.43%

turnover

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

Balance Sheet

December 2022

net assets

409.9m

0%

total assets

719.3m

+0.07%

cash

12.5m

+0.22%

net assets

Total assets minus all liabilities

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edmundson electrical limited company details

company number

02667012

Type

Private limited with Share Capital

industry

46439 - Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.

incorporation date

November 1991

age

33

accounts

Full Accounts

ultimate parent company

BLACKFRIARS CORP

previous names

inhoco 159 limited (January 1992)

incorporated

UK

address

edmundson house tatton street, knutsford, cheshire, WA16 6AY

last accounts submitted

December 2022

edmundson 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 3 charges/mortgages relating to edmundson electrical limited. Currently there are 1 open charges and 2 have been satisfied in the past.

charges

edmundson electrical limited Companies House Filings - See Documents

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