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.
direct electrical supply (tamworth) limitedEstimated Valuation
£937.8k
Pomanda estimates the enterprise value of DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED at £937.8k based on a Turnover of £2.4m and 0.38x industry multiple (adjusted for size and gross margin).
direct electrical supply (tamworth) limitedEstimated Valuation
£916.5k
Pomanda estimates the enterprise value of DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED at £916.5k based on an EBITDA of £249.3k and a 3.68x industry multiple (adjusted for size and gross margin).
direct electrical supply (tamworth) limitedEstimated Valuation
£5.9m
Pomanda estimates the enterprise value of DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED at £5.9m based on Net Assets of £2.5m and 2.36x industry multiple (adjusted for liquidity).
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Direct Electrical Supply (tamworth) LimitedOverview
Direct Electrical Supply (tamworth) Limited is a live company located in tamworth, B77 4DS with a Companies House number of 02689667. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46439. Founded in February 1992, it's largest shareholder is
mark james connor
with a 100% stake. Direct Electrical Supply (tamworth) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.4m with
healthy
growth in recent years.
Direct Electrical Supply (tamworth) Limited Health Check
Pomanda's financial health check has awarded Direct Electrical Supply (Tamworth) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£23.6m)
£2.4m - Direct Electrical Supply (tamworth) Limited
£23.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.4%)
12% - Direct Electrical Supply (tamworth) Limited
6.4% - Industry AVG
Production
with a gross margin of 23.4%, this company has a comparable cost of product (23.4%)
23.4% - Direct Electrical Supply (tamworth) Limited
23.4% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (3.5%)
9.4% - Direct Electrical Supply (tamworth) Limited
3.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (44)
9 - Direct Electrical Supply (tamworth) Limited
44 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
£51.7k - Direct Electrical Supply (tamworth) Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £271.8k, this is less efficient (£527.3k)
£271.8k - Direct Electrical Supply (tamworth) Limited
£527.3k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (56 days)
61 days - Direct Electrical Supply (tamworth) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (34 days)
33 days - Direct Electrical Supply (tamworth) Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is less than average (70 days)
34 days - Direct Electrical Supply (tamworth) Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 149 weeks, this is more cash available to meet short term requirements (11 weeks)
149 weeks - Direct Electrical Supply (tamworth) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (58.5%)
12.8% - Direct Electrical Supply (tamworth) Limited
58.5% - Industry AVG
DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED financials
EXPORT
Direct Electrical Supply (Tamworth) Limited's latest turnover from February 2024 is estimated at £2.4 million and the company has net assets of £2.5 million. According to their latest financial statements, Direct Electrical Supply (Tamworth) Limited has 9 employees and maintains cash reserves of £894.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
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
2,446,251
2,293,854
2,150,463
1,764,587
2,157,647
1,993,038
1,779,986
1,886,293
904,633
1,221,452
1,240,402
1,224,614
994,081
928,277
1,227,941
Other Income Or Grants
Cost Of Sales
1,874,372
1,775,896
1,672,523
1,385,694
1,658,073
1,530,024
1,347,952
1,458,695
694,270
932,878
961,608
931,864
763,929
704,841
928,397
Gross Profit
571,879
517,958
477,940
378,893
499,574
463,014
432,034
427,598
210,363
288,574
278,794
292,749
230,152
223,435
299,544
Admin Expenses
341,623
299,396
232,665
201,573
294,935
313,572
240,509
321,671
100,821
240,192
163,999
200,896
120,189
94,458
-240,476
Operating Profit
230,256
218,562
245,275
177,320
204,639
149,442
191,525
105,927
109,542
48,382
114,795
91,853
109,963
128,977
540,020
Interest Payable
Interest Receivable
43,882
22,755
1,664
280
2,269
2,837
2,128
1,066
1,810
1,589
1,428
1,198
954
865
476
Pre-Tax Profit
274,139
241,317
246,940
177,600
206,909
152,279
193,653
106,993
111,351
49,971
116,222
93,051
110,918
129,842
540,496
Tax
-68,535
-45,850
-46,919
-33,744
-39,313
-28,933
-36,794
-21,398
-22,270
-10,494
-26,731
-22,332
-28,839
-36,356
-151,339
Profit After Tax
205,604
195,467
200,021
143,856
167,596
123,346
156,859
85,594
89,081
39,477
89,491
70,719
82,079
93,486
389,157
Dividends Paid
Retained Profit
205,604
195,467
200,021
143,856
167,596
123,346
156,859
85,594
89,081
39,477
89,491
70,719
82,079
93,486
389,157
Employee Costs
465,594
498,457
416,636
333,311
385,608
410,200
360,902
351,109
106,187
127,640
131,252
135,109
125,621
125,513
122,017
Number Of Employees
9
10
9
8
9
10
9
9
3
4
4
4
4
4
4
EBITDA*
249,341
225,455
254,398
185,891
214,846
159,693
197,248
113,132
118,525
60,994
123,148
99,692
116,392
135,624
545,859
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
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
607,877
571,454
368,347
366,929
375,500
371,798
384,416
361,859
369,064
380,055
366,479
366,015
360,542
361,065
357,246
Intangible Assets
Investments & Other
776,219
718,066
914,784
742,226
614,232
441,610
254,110
80,000
80,000
60,000
30,000
Debtors (Due After 1 year)
Total Fixed Assets
1,384,096
1,289,520
1,283,131
1,109,155
989,732
813,408
638,526
441,859
449,064
440,055
396,479
366,015
360,542
361,065
357,246
Stock & work in progress
178,653
164,422
154,632
126,433
108,674
104,388
94,446
98,480
87,661
86,191
84,418
82,416
76,121
71,241
69,310
Trade Debtors
410,011
319,066
320,888
314,032
403,932
295,410
300,625
325,601
201,060
263,354
266,194
271,549
213,297
187,260
196,675
Group Debtors
Misc Debtors
7,322
6,967
5,757
Cash
894,154
777,552
360,211
305,535
253,736
351,370
405,248
445,997
406,525
317,343
318,119
252,895
226,293
155,498
190,326
misc current assets
total current assets
1,490,140
1,268,007
841,488
746,000
766,342
751,168
800,319
870,078
695,246
666,888
668,731
606,860
515,711
413,999
456,311
total assets
2,874,236
2,557,527
2,124,619
1,855,155
1,756,074
1,564,576
1,438,845
1,311,937
1,144,310
1,106,943
1,065,210
972,875
876,253
775,064
813,557
Bank overdraft
Bank loan
Trade Creditors
174,046
119,951
142,879
160,178
204,681
180,312
178,666
208,617
126,584
178,298
176,042
173,198
147,295
128,185
260,164
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
137,155
93,816
86,742
total current liabilities
311,201
213,767
229,621
160,178
204,681
180,312
178,666
208,617
126,584
178,298
176,042
173,198
147,295
128,185
260,164
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
56,966
43,295
272
739
total long term liabilities
56,966
43,295
272
739
total liabilities
368,167
257,062
229,621
160,178
204,953
181,051
178,666
208,617
126,584
178,298
176,042
173,198
147,295
128,185
260,164
net assets
2,506,069
2,300,465
1,894,998
1,694,977
1,551,121
1,383,525
1,260,179
1,103,320
1,017,726
928,645
889,168
799,677
728,958
646,879
553,393
total shareholders funds
2,506,069
2,300,465
1,894,998
1,694,977
1,551,121
1,383,525
1,260,179
1,103,320
1,017,726
928,645
889,168
799,677
728,958
646,879
553,393
Feb 2024
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
230,256
218,562
245,275
177,320
204,639
149,442
191,525
105,927
109,542
48,382
114,795
91,853
109,963
128,977
540,020
Depreciation
19,085
6,893
9,123
8,571
10,207
10,251
5,723
7,205
8,983
12,612
8,353
7,839
6,429
6,647
5,839
Amortisation
Tax
-68,535
-45,850
-46,919
-33,744
-39,313
-28,933
-36,794
-21,398
-22,270
-10,494
-26,731
-22,332
-28,839
-36,356
-151,339
Stock
14,231
9,790
28,199
17,759
4,286
9,942
-4,034
10,819
1,470
1,773
2,002
6,295
4,880
1,931
69,310
Debtors
91,300
-612
12,613
-89,900
108,522
-5,215
-24,976
124,541
-62,294
-2,840
-5,355
58,252
26,037
-9,415
196,675
Creditors
54,095
-22,928
-17,299
-44,503
24,369
1,646
-29,951
82,033
-51,714
2,256
2,844
25,903
19,110
-131,979
260,164
Accruals and Deferred Income
43,339
7,074
86,742
Deferred Taxes & Provisions
13,671
43,295
-272
-467
739
Cash flow from operations
186,380
197,868
236,110
179,513
86,627
128,418
159,513
38,407
105,365
53,823
102,614
38,716
75,746
-25,227
388,699
Investing Activities
capital expenditure
-55,508
-210,000
-10,541
-13,909
2,367
-28,280
2,008
-26,188
-8,817
-13,312
-5,906
-10,466
-363,085
Change in Investments
58,153
-196,718
172,558
127,994
172,622
187,500
174,110
20,000
30,000
30,000
cash flow from investments
-113,661
-13,282
-183,099
-127,994
-186,531
-185,133
-202,390
-17,992
-56,188
-38,817
-13,312
-5,906
-10,466
-363,085
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
210,000
164,236
interest
43,882
22,755
1,664
280
2,269
2,837
2,128
1,066
1,810
1,589
1,428
1,198
954
865
476
cash flow from financing
43,882
232,755
1,664
280
2,269
2,837
2,128
1,066
1,810
1,589
1,428
1,198
954
865
164,712
cash and cash equivalents
cash
116,602
417,341
54,676
51,799
-97,634
-53,878
-40,749
39,472
89,182
-776
65,224
26,602
70,795
-34,828
190,326
overdraft
change in cash
116,602
417,341
54,676
51,799
-97,634
-53,878
-40,749
39,472
89,182
-776
65,224
26,602
70,795
-34,828
190,326
direct electrical supply (tamworth) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for direct electrical supply (tamworth) limited. Get real-time insights into direct electrical supply (tamworth) limited's credit score, group structure and payment trends.
Direct Electrical Supply (tamworth) Limited Competitor Analysis
Perform a competitor analysis for direct electrical supply (tamworth) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B77 area or any other competitors across 12 key performance metrics.
direct electrical supply (tamworth) limited Ownership
DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED group structure
Direct Electrical Supply (Tamworth) Limited has no subsidiary companies.
Ultimate parent company
DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED
02689667
DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED Shareholders
The sole shareholder of Direct Electrical Supply (Tamworth) Limited is Mark James Connor.
mark james connor
100%
direct electrical supply (tamworth) limited directors
Direct Electrical Supply (Tamworth) Limited currently has 2 directors.
The longest serving directors include
Mr Mark Connor (Feb 1992) and
Mrs Emma Snowden (Oct 2021).
direct electrical supply (tamworth) limited company details
company number
02689667
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.
direct electrical supply (tamworth) 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 1 charges/mortgages relating to direct electrical supply (tamworth) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
direct electrical supply (tamworth) 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 DIRECT ELECTRICAL SUPPLY (TAMWORTH) LIMITED. This can take several minutes, an email will notify you when this has completed.
direct electrical supply (tamworth) limitedCompanies House Filings - See Documents
