ealing electronics limited

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ealing electronics limited Company Information

Share EALING ELECTRONICS LIMITED

Company Number

04222455

Directors

Anthony Eley

John Ling

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Shareholders

mr jonathan samuel ling

mr john ling

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Group Structure

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Industry

Other manufacturing n.e.c.

 

Registered Address

ealing electronics ltd, grand house 14-15 grand parade, skegness, lincolnshire, PE25 2UG

Website

-

ealing electronics limited Estimated Valuation

£9.2k

Pomanda estimates the enterprise value of EALING ELECTRONICS LIMITED at £9.2k based on a Turnover of £14.1k and 0.65x industry multiple (adjusted for size and gross margin).

ealing electronics limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EALING ELECTRONICS LIMITED at £0 based on an EBITDA of £-1.3k and a 4.37x industry multiple (adjusted for size and gross margin).

ealing electronics limited Estimated Valuation

£17.6k

Pomanda estimates the enterprise value of EALING ELECTRONICS LIMITED at £17.6k based on Net Assets of £8.2k and 2.14x industry multiple (adjusted for liquidity).

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Ealing Electronics Limited Overview

Ealing Electronics Limited is a live company located in skegness, PE25 2UG with a Companies House number of 04222455. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in May 2001, it's largest shareholder is mr jonathan samuel ling with a 33.3% stake. Ealing Electronics Limited is a mature, micro sized company, Pomanda has estimated its turnover at £14.1k with declining growth in recent years.

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Ealing Electronics Limited Health Check

Pomanda's financial health check has awarded Ealing Electronics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £14.1k, make it smaller than the average company (£13.7m)

£14.1k - Ealing Electronics Limited

£13.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (8.6%)

-57% - Ealing Electronics Limited

8.6% - Industry AVG

production

Production

with a gross margin of 30.4%, this company has a comparable cost of product (30.4%)

30.4% - Ealing Electronics Limited

30.4% - Industry AVG

profitability

Profitability

an operating margin of -9.3% make it less profitable than the average company (6.6%)

-9.3% - Ealing Electronics Limited

6.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (70)

1 - Ealing Electronics Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)

£42.3k - Ealing Electronics Limited

£42.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £14.1k, this is less efficient (£175.5k)

£14.1k - Ealing Electronics Limited

£175.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ealing Electronics Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (42 days)

9 days - Ealing Electronics Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 280 days, this is more than average (66 days)

280 days - Ealing Electronics Limited

66 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (14 weeks)

50 weeks - Ealing Electronics Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12%, this is a lower level of debt than the average (46.5%)

12% - Ealing Electronics Limited

46.5% - Industry AVG

EALING ELECTRONICS LIMITED financials

EXPORTms excel logo

Ealing Electronics Limited's latest turnover from March 2024 is estimated at £14.1 thousand and the company has net assets of £8.2 thousand. According to their latest financial statements, we estimate that Ealing Electronics Limited has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover14,13213,825193,920174,025269,60115,20628,65026,52914,04612,87115,36712,91419,3339,3989,303
Other Income Or Grants
Cost Of Sales9,8329,696136,050124,744190,09210,55519,72417,9349,5018,78810,4048,78613,0446,3326,246
Gross Profit4,2994,12957,86949,28279,5094,6518,9268,5944,5454,0834,9634,1286,2893,0663,057
Admin Expenses5,6211,81958,95248,74980,2745,5919,74410,1034,8474,0474,7733,7544,8703,257-12,116
Operating Profit-1,3222,310-1,083533-765-940-818-1,509-302361903741,419-19115,173
Interest Payable
Interest Receivable875031116181126262732313015
Pre-Tax Profit-1,2352,360-1,080533-764-924-800-1,498-276622174051,450-16115,189
Tax-448-101-13-50-97-377-4,253
Profit After Tax-1,2351,912-1,080432-764-924-800-1,498-276491673081,073-16110,936
Dividends Paid
Retained Profit-1,2351,912-1,080432-764-924-800-1,498-276491673081,073-16110,936
Employee Costs42,26139,971114,640109,935109,92836,06834,97533,81533,12832,72931,60131,47131,40030,47629,582
Number Of Employees113331111111111
EBITDA*-1,3222,310-1,083533-765-940-818-1,509-302361903741,419-19115,173

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)1,420
Total Fixed Assets1,420
Stock & work in progress7,5667,5667,5667,5667,5667,3726,6895,9895,6485,5155,4374,1084,1463,6563,406
Trade Debtors1,3081,9692,9302,5521,6671,713
Group Debtors661661661661661661661661661
Misc Debtors432534324327926223472
Cash1,0952,2201417214471,3932,7654,3934,7965,6334,6566,0406,6415,8016,166
misc current assets
total current assets9,36510,7008,8009,3808,6749,50510,37711,27712,48513,11713,02312,70010,78711,12411,285
total assets9,36510,7008,8009,3808,6749,50510,37711,27712,48513,11713,02312,70012,20711,12411,285
Bank overdraft
Bank loan
Trade Creditors 2583067209097646601445250250
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities869921519649465435480580290
total current liabilities1,1271,2271,239739465532480580290646601445250250
loans
hp & lease commitments
Accruals and Deferred Income260
other liabilities
provisions
total long term liabilities260
total liabilities1,1271,2271,239739465532480580290646601445260250250
net assets8,2389,4737,5618,6418,2098,9739,89710,69712,19512,47112,42212,25511,94710,87411,035
total shareholders funds8,2389,4737,5618,6418,2098,9739,89710,69712,19512,47112,42212,25511,94710,87411,035
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-1,3222,310-1,083533-765-940-818-1,509-302361903741,419-19115,173
Depreciation
Amortisation
Tax-448-101-13-50-97-377-4,253
Stock194683700341133781,329-384902503,406
Debtors-210-179432-79-18328-1,14672-9613781,132-247-461,713
Creditors-48-41463090-9797-64645156445-250250
Accruals and Deferred Income-52402-13018430-45-100290290-260260
Deferred Taxes & Provisions
Cash flow from operations-1,2122,029-583274-947-1,388-1,646-414-863951-1,411-632809-3956,051
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue99
interest875031116181126262732313015
cash flow from financing8750311161811262627323130114
cash and cash equivalents
cash-1,1252,079-580274-946-1,372-1,628-403-837977-1,384-601840-3656,166
overdraft
change in cash-1,1252,079-580274-946-1,372-1,628-403-837977-1,384-601840-3656,166

ealing electronics 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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Ealing Electronics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ealing electronics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PE25 area or any other competitors across 12 key performance metrics.

ealing electronics limited Ownership

EALING ELECTRONICS LIMITED group structure

Ealing Electronics Limited has no subsidiary companies.

Ultimate parent company

EALING ELECTRONICS LIMITED

04222455

EALING ELECTRONICS LIMITED Shareholders

mr jonathan samuel ling 33.33%
mr john ling 33.33%
mr anthony lewis eley 33.33%

ealing electronics limited directors

Ealing Electronics Limited currently has 3 directors. The longest serving directors include Mr Anthony Eley (May 2001) and Mr John Ling (May 2001).

officercountryagestartendrole
Mr Anthony Eley58 years May 2001- Director
Mr John LingEngland82 years May 2001- Director
Mr Jonathan LingEngland51 years May 2001- Director

P&L

March 2024

turnover

14.1k

+2%

operating profit

-1.3k

0%

gross margin

30.5%

+1.86%

turnover

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

Balance Sheet

March 2024

net assets

8.2k

-0.13%

total assets

9.4k

-0.12%

cash

1.1k

-0.51%

net assets

Total assets minus all liabilities

ealing electronics limited company details

company number

04222455

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

May 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

DUNCAN & TOPLIS LIMITED

auditor

-

address

ealing electronics ltd, grand house 14-15 grand parade, skegness, lincolnshire, PE25 2UG

Bank

-

Legal Advisor

-

ealing electronics 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 did not find charges/mortgages relating to ealing electronics limited.

ealing electronics 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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ealing electronics limited Companies House Filings - See Documents

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