uk electric limited
uk electric limited Company Information
Company Number
02742081
Next Accounts
Sep 2025
Shareholders
newbury investments (uk) ltd
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
votec house hambridge lane, newbury, berkshire, RG14 5TN
Website
www.abgo.co.ukuk electric limited Estimated Valuation
Pomanda estimates the enterprise value of UK ELECTRIC LIMITED at £71.3m based on a Turnover of £102m and 0.7x industry multiple (adjusted for size and gross margin).
uk electric limited Estimated Valuation
Pomanda estimates the enterprise value of UK ELECTRIC LIMITED at £99.5m based on an EBITDA of £11.5m and a 8.67x industry multiple (adjusted for size and gross margin).
uk electric limited Estimated Valuation
Pomanda estimates the enterprise value of UK ELECTRIC LIMITED at £128.3m based on Net Assets of £49m and 2.62x industry multiple (adjusted for liquidity).
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Uk Electric Limited Overview
Uk Electric Limited is a live company located in berkshire, RG14 5TN with a Companies House number of 02742081. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in August 1992, it's largest shareholder is newbury investments (uk) ltd with a 100% stake. Uk Electric Limited is a mature, mega sized company, Pomanda has estimated its turnover at £102m with healthy growth in recent years.
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Uk Electric Limited Health Check
Pomanda's financial health check has awarded Uk Electric Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £102m, make it larger than the average company (£16.1m)
£102m - Uk Electric Limited
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.3%)
9% - Uk Electric Limited
6.3% - Industry AVG
Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
27.6% - Uk Electric Limited
27.6% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (5.1%)
10.7% - Uk Electric Limited
5.1% - Industry AVG
Employees
with 203 employees, this is above the industry average (41)
203 - Uk Electric Limited
41 - Industry AVG
Pay Structure
on an average salary of £68.2k, the company has a higher pay structure (£44.5k)
£68.2k - Uk Electric Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £502.4k, this is more efficient (£376.5k)
£502.4k - Uk Electric Limited
£376.5k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (51 days)
55 days - Uk Electric Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (31 days)
50 days - Uk Electric Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is less than average (78 days)
56 days - Uk Electric Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (14 weeks)
48 weeks - Uk Electric Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.2%, this is a lower level of debt than the average (47.3%)
36.2% - Uk Electric Limited
47.3% - Industry AVG
UK ELECTRIC LIMITED financials
Uk Electric Limited's latest turnover from December 2023 is £102 million and the company has net assets of £49 million. According to their latest financial statements, Uk Electric Limited has 203 employees and maintains cash reserves of £25 million 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 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 101,989,000 | 94,231,000 | 85,395,000 | 77,935,000 | 85,782,000 | 83,936,000 | 84,164,000 | 75,134,000 | 65,045,000 | 60,598,000 | 72,162,000 | 65,844,000 | 64,167,000 | 63,460,000 | 60,104,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 10,938,000 | 9,693,000 | 8,264,000 | 4,610,000 | 6,774,000 | 7,032,000 | 6,990,000 | 5,695,000 | 4,556,000 | 4,392,000 | 4,036,000 | 3,487,000 | 3,285,000 | 3,161,000 | 597,000 |
| Interest Payable | 19,000 | 13,000 | 18,000 | 23,000 | 25,000 | 21,000 | 18,000 | 16,000 | 15,000 | 68,000 | 10,000 | 41,000 | 76,000 | 108,000 | 180,000 |
| Interest Receivable | 813,000 | 114,000 | 4,000 | 109,000 | 242,000 | 194,000 | 149,000 | 101,000 | 27,000 | 2,000 | 1,000 | ||||
| Pre-Tax Profit | 11,732,000 | 9,794,000 | 8,250,000 | 4,696,000 | 6,991,000 | 7,205,000 | 7,121,000 | 5,780,000 | 4,568,000 | 4,326,000 | 4,027,000 | 3,446,000 | 3,209,000 | 3,053,000 | 413,000 |
| Tax | -2,774,000 | -1,899,000 | -1,621,000 | -1,118,000 | -1,336,000 | -1,076,000 | -1,401,000 | -1,189,000 | -1,108,000 | -954,000 | -892,000 | -897,000 | -874,000 | -943,000 | -554,000 |
| Profit After Tax | 8,958,000 | 7,895,000 | 6,629,000 | 3,578,000 | 5,655,000 | 6,129,000 | 5,720,000 | 4,591,000 | 3,460,000 | 3,372,000 | 3,135,000 | 2,549,000 | 2,335,000 | 2,110,000 | -141,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 8,958,000 | 7,895,000 | 6,629,000 | 3,578,000 | 5,655,000 | 6,129,000 | 5,720,000 | 4,591,000 | 3,460,000 | 3,372,000 | 3,135,000 | 2,549,000 | 2,335,000 | 2,110,000 | -141,000 |
| Employee Costs | 13,851,000 | 12,550,000 | 11,284,000 | 10,507,000 | 11,426,000 | 11,429,000 | 11,209,000 | 9,535,000 | 9,021,000 | 7,416,000 | 7,522,000 | 7,024,000 | 6,954,000 | 6,680,000 | 6,696,000 |
| Number Of Employees | 203 | 202 | 193 | 228 | 241 | 250 | 260 | 230 | 207 | 185 | 190 | 182 | 187 | 195 | 208 |
| EBITDA* | 11,479,000 | 10,254,000 | 8,794,000 | 5,185,000 | 7,341,000 | 7,583,000 | 7,544,000 | 6,167,000 | 4,982,000 | 4,774,000 | 4,777,000 | 4,154,000 | 3,912,000 | 3,916,000 | 2,510,000 |
* 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 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,045,000 | 2,079,000 | 2,047,000 | 2,343,000 | 2,516,000 | 2,485,000 | 3,990,000 | 4,220,000 | 2,279,000 | 1,965,000 | 2,491,000 | 2,732,000 | 2,657,000 | 2,696,000 | 2,412,000 |
| Intangible Assets | 18,000 | 21,000 | 3,000 | 21,000 | 213,000 | ||||||||||
| Investments & Other | 442,000 | 442,000 | 442,000 | 422,000 | 422,000 | 1,627,000 | 1,627,000 | 1,627,000 | 1,627,000 | 1,605,000 | 119,000 | 119,000 | 119,000 | 119,000 | 119,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,505,000 | 2,542,000 | 2,489,000 | 2,768,000 | 2,959,000 | 4,112,000 | 5,617,000 | 5,847,000 | 3,906,000 | 3,570,000 | 2,610,000 | 2,851,000 | 2,776,000 | 2,815,000 | 2,744,000 |
| Stock & work in progress | 11,358,000 | 12,601,000 | 9,793,000 | 8,322,000 | 11,110,000 | 10,347,000 | 10,072,000 | 11,857,000 | 10,450,000 | 9,206,000 | 7,273,000 | 6,121,000 | 6,609,000 | 5,385,000 | 5,141,000 |
| Trade Debtors | 15,629,000 | 15,988,000 | 13,773,000 | 12,803,000 | 14,672,000 | 14,987,000 | 13,958,000 | 13,743,000 | 11,466,000 | 11,207,000 | 12,734,000 | 11,347,000 | 12,329,000 | 11,420,000 | 10,615,000 |
| Group Debtors | 21,203,000 | 29,685,000 | 26,654,000 | 24,611,000 | 25,700,000 | 21,564,000 | 15,744,000 | 11,976,000 | 3,646,000 | 270,000 | 2,000,000 | 2,000 | 10,000 | 16,000 | |
| Misc Debtors | 1,162,000 | 933,000 | 1,130,000 | 1,614,000 | 1,340,000 | 1,313,000 | 619,000 | 684,000 | 709,000 | 498,000 | 605,000 | 664,000 | 1,154,000 | 410,000 | 432,000 |
| Cash | 24,962,000 | 19,334,000 | 17,474,000 | 14,684,000 | 8,920,000 | 8,580,000 | 7,042,000 | 5,576,000 | 7,727,000 | 4,598,000 | 4,788,000 | 4,595,000 | 5,013,000 | 2,898,000 | 8,745,000 |
| misc current assets | |||||||||||||||
| total current assets | 74,314,000 | 78,541,000 | 68,824,000 | 62,034,000 | 61,742,000 | 56,791,000 | 47,435,000 | 43,836,000 | 33,998,000 | 25,779,000 | 27,400,000 | 22,727,000 | 25,107,000 | 20,123,000 | 24,949,000 |
| total assets | 76,819,000 | 81,083,000 | 71,313,000 | 64,802,000 | 64,701,000 | 60,903,000 | 53,052,000 | 49,683,000 | 37,904,000 | 29,349,000 | 30,010,000 | 25,578,000 | 27,883,000 | 22,938,000 | 27,693,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,177,000 | 9,340,000 | 8,442,000 | 9,314,000 | 8,284,000 | 8,824,000 | 7,303,000 | 10,105,000 | 8,300,000 | 7,034,000 | 7,657,000 | 6,829,000 | 8,090,000 | 6,418,000 | 6,616,000 |
| Group/Directors Accounts | 8,878,000 | 8,843,000 | 8,859,000 | 8,809,000 | 8,906,000 | 10,080,000 | 10,018,000 | 10,277,000 | 5,597,000 | 1,431,000 | 5,237,000 | 4,847,000 | 5,272,000 | 4,638,000 | 9,187,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 182,000 | 216,000 | 266,000 | 254,000 | 287,000 | 287,000 | 262,000 | 249,000 | 192,000 | 157,000 | 185,000 | 111,000 | 68,000 | ||
| other current liabilities | 7,703,000 | 6,770,000 | 5,779,000 | 4,715,000 | 5,342,000 | 5,554,000 | 5,535,000 | 4,699,000 | 4,237,000 | 4,831,000 | 4,411,000 | 4,506,000 | 4,744,000 | 4,158,000 | 3,280,000 |
| total current liabilities | 26,940,000 | 25,169,000 | 23,346,000 | 23,092,000 | 22,819,000 | 24,745,000 | 23,118,000 | 25,330,000 | 18,326,000 | 13,453,000 | 17,490,000 | 16,293,000 | 18,174,000 | 15,214,000 | 19,083,000 |
| loans | 3,000,000 | 3,500,000 | 6,500,000 | ||||||||||||
| hp & lease commitments | 266,000 | 242,000 | 229,000 | 320,000 | 386,000 | 365,000 | 332,000 | 400,000 | 292,000 | 226,000 | 271,000 | 195,000 | 159,000 | ||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 610,000 | 627,000 | 588,000 | 869,000 | 553,000 | 505,000 | 443,000 | 514,000 | 438,000 | 282,000 | 233,000 | 209,000 | 218,000 | 227,000 | 223,000 |
| total long term liabilities | 876,000 | 869,000 | 817,000 | 1,189,000 | 939,000 | 870,000 | 775,000 | 914,000 | 730,000 | 508,000 | 504,000 | 404,000 | 3,377,000 | 3,727,000 | 6,723,000 |
| total liabilities | 27,816,000 | 26,038,000 | 24,163,000 | 24,281,000 | 23,758,000 | 25,615,000 | 23,893,000 | 26,244,000 | 19,056,000 | 13,961,000 | 17,994,000 | 16,697,000 | 21,551,000 | 18,941,000 | 25,806,000 |
| net assets | 49,003,000 | 55,045,000 | 47,150,000 | 40,521,000 | 40,943,000 | 35,288,000 | 29,159,000 | 23,439,000 | 18,848,000 | 15,388,000 | 12,016,000 | 8,881,000 | 6,332,000 | 3,997,000 | 1,887,000 |
| total shareholders funds | 49,003,000 | 55,045,000 | 47,150,000 | 40,521,000 | 40,943,000 | 35,288,000 | 29,159,000 | 23,439,000 | 18,848,000 | 15,388,000 | 12,016,000 | 8,881,000 | 6,332,000 | 3,997,000 | 1,887,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 10,938,000 | 9,693,000 | 8,264,000 | 4,610,000 | 6,774,000 | 7,032,000 | 6,990,000 | 5,695,000 | 4,556,000 | 4,392,000 | 4,036,000 | 3,487,000 | 3,285,000 | 3,161,000 | 597,000 |
| Depreciation | 524,000 | 560,000 | 527,000 | 575,000 | 567,000 | 551,000 | 554,000 | 472,000 | 426,000 | 382,000 | 741,000 | 667,000 | 627,000 | 542,000 | 507,000 |
| Amortisation | 17,000 | 1,000 | 3,000 | 213,000 | 1,406,000 | ||||||||||
| Tax | -2,774,000 | -1,899,000 | -1,621,000 | -1,118,000 | -1,336,000 | -1,076,000 | -1,401,000 | -1,189,000 | -1,108,000 | -954,000 | -892,000 | -897,000 | -874,000 | -943,000 | -554,000 |
| Stock | -1,243,000 | 2,808,000 | 1,471,000 | -2,788,000 | 763,000 | 275,000 | -1,785,000 | 1,407,000 | 1,244,000 | 1,933,000 | 1,152,000 | -488,000 | 1,224,000 | 244,000 | 5,141,000 |
| Debtors | -8,612,000 | 5,049,000 | 2,529,000 | -2,684,000 | 3,848,000 | 7,543,000 | 3,918,000 | 10,582,000 | 3,846,000 | -3,364,000 | 3,328,000 | -1,474,000 | 1,645,000 | 777,000 | 11,063,000 |
| Creditors | 837,000 | 898,000 | -872,000 | 1,030,000 | -540,000 | 1,521,000 | -2,802,000 | 1,805,000 | 1,266,000 | -623,000 | 828,000 | -1,261,000 | 1,672,000 | -198,000 | 6,616,000 |
| Accruals and Deferred Income | 933,000 | 991,000 | 1,064,000 | -627,000 | -212,000 | 19,000 | 836,000 | 462,000 | -594,000 | 420,000 | -95,000 | -238,000 | 586,000 | 878,000 | 3,280,000 |
| Deferred Taxes & Provisions | -17,000 | 39,000 | -281,000 | 316,000 | 48,000 | 62,000 | -71,000 | 76,000 | 156,000 | 49,000 | 24,000 | -9,000 | -9,000 | 4,000 | 223,000 |
| Cash flow from operations | 20,313,000 | 2,426,000 | 3,084,000 | 10,258,000 | 690,000 | 291,000 | 1,973,000 | -4,668,000 | -388,000 | 5,097,000 | 162,000 | 3,711,000 | 2,418,000 | 2,636,000 | -4,129,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 20,000 | -1,205,000 | 22,000 | 1,486,000 | 119,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 35,000 | -16,000 | 50,000 | -97,000 | -1,174,000 | 62,000 | -259,000 | 4,680,000 | 4,166,000 | -3,806,000 | 390,000 | -425,000 | 634,000 | -4,549,000 | 9,187,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -3,000,000 | -500,000 | -3,000,000 | 6,500,000 | |||||||||||
| Hire Purchase and Lease Commitments | -10,000 | -37,000 | -79,000 | -99,000 | 21,000 | 58,000 | -55,000 | 165,000 | 101,000 | -73,000 | 150,000 | 79,000 | 227,000 | ||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 794,000 | 101,000 | -14,000 | 86,000 | 217,000 | 173,000 | 131,000 | 85,000 | 12,000 | -66,000 | -9,000 | -41,000 | -76,000 | -108,000 | -180,000 |
| cash flow from financing | -14,181,000 | 48,000 | -43,000 | -4,110,000 | -936,000 | 293,000 | -183,000 | 4,930,000 | 4,279,000 | -3,945,000 | 531,000 | -3,387,000 | 285,000 | -7,657,000 | 17,535,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 5,628,000 | 1,860,000 | 2,790,000 | 5,764,000 | 340,000 | 1,538,000 | 1,466,000 | -2,151,000 | 3,129,000 | -190,000 | 193,000 | -418,000 | 2,115,000 | -5,847,000 | 8,745,000 |
| overdraft | |||||||||||||||
| change in cash | 5,628,000 | 1,860,000 | 2,790,000 | 5,764,000 | 340,000 | 1,538,000 | 1,466,000 | -2,151,000 | 3,129,000 | -190,000 | 193,000 | -418,000 | 2,115,000 | -5,847,000 | 8,745,000 |
uk electric limited Credit Report and Business Information
Uk Electric Limited Competitor Analysis
Perform a competitor analysis for uk electric limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in RG14 area or any other competitors across 12 key performance metrics.
uk electric limited Ownership
UK ELECTRIC LIMITED group structure
Uk Electric Limited has 10 subsidiary companies.
Ultimate parent company
2 parents
UK ELECTRIC LIMITED
02742081
10 subsidiaries
uk electric limited directors
Uk Electric Limited currently has 3 directors. The longest serving directors include Mr Steven Westbrook (Apr 2000) and Mr Nigel Palmer (Dec 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Westbrook | England | 69 years | Apr 2000 | - | Director |
| Mr Nigel Palmer | 69 years | Dec 2005 | - | Director | |
| Mr Leo Yu | England | 40 years | Jan 2018 | - | Director |
P&L
December 2023turnover
102m
+8%
operating profit
10.9m
+13%
gross margin
27.6%
-0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
49m
-0.11%
total assets
76.8m
-0.05%
cash
25m
+0.29%
net assets
Total assets minus all liabilities
Similar Companies
uk electric limited company details
company number
02742081
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
August 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
u.k. electric limited (August 2013)
u.k. spares limited (December 1995)
accountant
-
auditor
FIANDER TOVELL LIMITED
address
votec house hambridge lane, newbury, berkshire, RG14 5TN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
uk electric 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.
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uk electric limited Capital Raised & Share Issues BETA
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uk electric limited Companies House Filings - See Documents
| date | description | view/download |
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