par electrical services limited

1.5

par electrical services limited Company Information

Share PAR ELECTRICAL SERVICES LIMITED
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Company Number

03640991

Registered Address

187 shaftesbury avenue, thorpe bay, essex, SS1 3AL

Industry

Electrical installation

 

Telephone

-

Next Accounts Due

292 days late

Group Structure

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Directors

Clinton Lee23 Years

Shareholders

clinton lee 100%

par electrical services limited Estimated Valuation

£8.2k

Pomanda estimates the enterprise value of PAR ELECTRICAL SERVICES LIMITED at £8.2k based on a Turnover of £19.1k and 0.43x industry multiple (adjusted for size and gross margin).

par electrical services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PAR ELECTRICAL SERVICES LIMITED at £0 based on an EBITDA of £-8.2k and a 4.44x industry multiple (adjusted for size and gross margin).

par electrical services limited Estimated Valuation

£1.1k

Pomanda estimates the enterprise value of PAR ELECTRICAL SERVICES LIMITED at £1.1k based on Net Assets of £358 and 3.05x industry multiple (adjusted for liquidity).

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Par Electrical Services Limited Overview

Par Electrical Services Limited is a live company located in essex, SS1 3AL with a Companies House number of 03640991. It operates in the electrical installation sector, SIC Code 43210. Founded in September 1998, it's largest shareholder is clinton lee with a 100% stake. Par Electrical Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £19.1k with declining growth in recent years.

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Par Electrical Services Limited Health Check

Pomanda's financial health check has awarded Par Electrical Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £19.1k, make it smaller than the average company (£930.5k)

£19.1k - Par Electrical Services Limited

£930.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (3.4%)

-36% - Par Electrical Services Limited

3.4% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (25.2%)

16.7% - Par Electrical Services Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of -42.7% make it less profitable than the average company (6.6%)

-42.7% - Par Electrical Services Limited

6.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Par Electrical Services Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)

£39.3k - Par Electrical Services Limited

£39.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £19.1k, this is less efficient (£118.9k)

£19.1k - Par Electrical Services Limited

£118.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (63 days)

20 days - Par Electrical Services Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (44 days)

16 days - Par Electrical Services Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Par Electrical Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Par Electrical Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.6%, this is a similar level of debt than the average (67.1%)

66.6% - Par Electrical Services Limited

67.1% - Industry AVG

PAR ELECTRICAL SERVICES LIMITED financials

EXPORTms excel logo

Par Electrical Services Limited's latest turnover from March 2022 is estimated at £19.1 thousand and the company has net assets of £358. According to their latest financial statements, Par Electrical Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover19,103157,98072,16571,64157,17561,31718,44835,22418,75423,20341,46944,134163,147
Other Income Or Grants0000000000000
Cost Of Sales15,910132,32559,45158,57846,81049,99414,87328,62315,24918,59133,19234,326126,225
Gross Profit3,19325,65512,71413,06210,36511,3233,5756,6013,5054,6138,2779,80836,922
Admin Expenses11,34319,10112,1259,49518,0721,0975,8326,8011,5252,75210,70825,15914,138
Operating Profit-8,1506,5545893,567-7,70710,226-2,257-2001,9801,861-2,431-15,35122,784
Interest Payable0000000000000
Interest Receivable000001263593126243726
Pre-Tax Profit-8,1506,5545893,567-7,70710,238-2,194-1412,0121,887-2,407-15,31422,810
Tax0-1,245-112-6780-2,04700-463-45300-6,387
Profit After Tax-8,1505,3094772,889-7,7078,190-2,194-1411,5491,434-2,407-15,31416,423
Dividends Paid0000000000000
Retained Profit-8,1505,3094772,889-7,7078,190-2,194-1411,5491,434-2,407-15,31416,423
Employee Costs39,28038,02939,18439,96438,41139,77339,57339,36037,56536,56036,49835,78136,684
Number Of Employees1111111111111
EBITDA*-8,1506,5545893,567-7,70710,226-2,257-2002,2302,111-2,138-15,20123,810

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets016,800000000025050043194
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets016,800000000025050043194
Stock & work in progress0000000000000
Trade Debtors1,07245,45219,22118,53312,84316,4408093,5112,8714,0747,75210,25340,865
Group Debtors0000000000000
Misc Debtors00001131,7390000000
Cash0000009,21216,1627,3635,1305,1644,37610,244
misc current assets0000000000000
total current assets1,07245,45219,22118,53312,95618,17910,02119,67310,2349,20412,91614,62951,109
total assets1,07262,25219,22118,53312,95618,17910,02119,67310,2349,45413,41614,67251,303
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 71452,96015,23815,81113,12310,05810,57118,0298,4499,21814,61413,46334,780
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities71452,96015,23815,81113,12310,05810,57118,0298,4499,21814,61413,46334,780
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0784784005810000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0784784005810000000
total liabilities71453,74416,02215,81113,12310,63910,57118,0298,4499,21814,61413,46334,780
net assets3588,5083,1992,722-1677,540-5501,6441,785236-1,1981,20916,523
total shareholders funds3588,5083,1992,722-1677,540-5501,6441,785236-1,1981,20916,523
Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-8,1506,5545893,567-7,70710,226-2,257-2001,9801,861-2,431-15,35122,784
Depreciation000000002502502931501,026
Amortisation0000000000000
Tax0-1,245-112-6780-2,04700-463-45300-6,387
Stock0000000000000
Debtors-44,38026,2316885,577-5,22317,370-2,702640-1,203-3,678-2,501-30,61240,865
Creditors-52,24637,722-5732,6883,065-513-7,4589,580-769-5,3961,151-21,31734,780
Accruals and Deferred Income-78407840-5815810000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations-16,80016,800000-9,123-7,0138,7402,201-601,514-5,90611,338
Investing Activities
capital expenditure16,800-16,80000000000-7501-1,220
Change in Investments0000000000000
cash flow from investments16,800-16,80000000000-7501-1,220
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue00000-100000000100
interest000001263593126243726
cash flow from financing00000-88635931262437126
cash and cash equivalents
cash00000-9,212-6,9508,7992,233-34788-5,86810,244
overdraft0000000000000
change in cash00000-9,212-6,9508,7992,233-34788-5,86810,244

par electrical services 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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Par Electrical Services Limited Competitor Analysis

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Perform a competitor analysis for par electrical services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SS1 area or any other competitors across 12 key performance metrics.

par electrical services limited Ownership

PAR ELECTRICAL SERVICES LIMITED group structure

Par Electrical Services Limited has no subsidiary companies.

Ultimate parent company

PAR ELECTRICAL SERVICES LIMITED

03640991

PAR ELECTRICAL SERVICES LIMITED Shareholders

clinton lee 100%

par electrical services limited directors

Par Electrical Services Limited currently has 1 director, Mr Clinton Lee serving since Sep 2001.

officercountryagestartendrole
Mr Clinton LeeUnited Kingdom61 years Sep 2001- Director

P&L

March 2022

turnover

19.1k

-88%

operating profit

-8.2k

0%

gross margin

16.8%

+2.93%

turnover

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

Balance Sheet

March 2022

net assets

358

-0.96%

total assets

1.1k

-0.98%

cash

0

0%

net assets

Total assets minus all liabilities

par electrical services limited company details

company number

03640991

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

September 1998

age

26

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2022

previous names

N/A

accountant

-

auditor

-

address

187 shaftesbury avenue, thorpe bay, essex, SS1 3AL

Bank

HSBC BANK PLC

Legal Advisor

-

par 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 1 charges/mortgages relating to par electrical services limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

par electrical services limited Companies House Filings - See Documents

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