Pomanda estimates the enterprise value of W.E.C. ELECTRICAL CONTRACTORS LTD at £235.9k based on a Turnover of £745.1k and 0.32x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of W.E.C. ELECTRICAL CONTRACTORS LTD at £191.9k based on an EBITDA of £61.3k and a 3.13x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of W.E.C. ELECTRICAL CONTRACTORS LTD at £482.7k based on Net Assets of £219.8k and 2.2x industry multiple (adjusted for liquidity).
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W.e.c. Electrical Contractors LtdOverview
W.e.c. Electrical Contractors Ltd is a live company located in middlesex, TW7 7AA with a Companies House number of 04248406. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2001, it's largest shareholder is
paul david westlake
with a 75% stake. W.e.c. Electrical Contractors Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£745.1k with
high
growth in recent years.
Pomanda's financial health check has awarded W.E.C. Electrical Contractors Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £745.1k, make it smaller than the average company (£1.5m)
£745.1k - W.e.c. Electrical Contractors Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.9%)
21% - W.e.c. Electrical Contractors Ltd
7.9% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (26.4%)
16.8% - W.e.c. Electrical Contractors Ltd
26.4% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (6.7%)
8.2% - W.e.c. Electrical Contractors Ltd
6.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - W.e.c. Electrical Contractors Ltd
15 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)
£42.4k - W.e.c. Electrical Contractors Ltd
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £124.2k, this is equally as efficient (£143.2k)
£124.2k - W.e.c. Electrical Contractors Ltd
£143.2k - Industry AVG
Debtor Days
it gets paid by customers after 139 days, this is later than average (57 days)
139 days - W.e.c. Electrical Contractors Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (42 days)
53 days - W.e.c. Electrical Contractors Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - W.e.c. Electrical Contractors Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - W.e.c. Electrical Contractors Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.3%, this is a lower level of debt than the average (59.4%)
29.3% - W.e.c. Electrical Contractors Ltd
59.4% - Industry AVG
W.E.C. ELECTRICAL CONTRACTORS LTD financials
EXPORT
W.E.C. Electrical Contractors Ltd's latest turnover from August 2023 is estimated at £745.1 thousand and the company has net assets of £219.8 thousand. According to their latest financial statements, W.E.C. Electrical Contractors Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
745,120
523,294
429,993
419,411
544,405
736,449
749,294
310,418
310,172
170,910
198,214
146,726
136,720
249,933
Other Income Or Grants
Cost Of Sales
619,806
434,325
363,924
348,914
447,190
607,083
614,773
252,630
252,368
140,523
159,210
118,165
108,517
192,048
Gross Profit
125,314
88,969
66,069
70,497
97,215
129,366
134,521
57,788
57,804
30,387
39,004
28,561
28,203
57,885
Admin Expenses
64,061
63,327
49,902
138,489
91,580
35,644
46,623
839
60,529
23,665
46,984
13,108
45,984
30,761
-2,929
Operating Profit
61,253
25,642
16,167
-67,992
5,635
93,722
87,898
56,949
-2,725
6,722
-7,980
15,453
-17,781
27,124
2,929
Interest Payable
Interest Receivable
150
174
103
55
35
35
64
64
Pre-Tax Profit
61,253
25,642
16,167
-67,992
5,635
93,722
88,048
57,123
-2,622
6,777
-7,945
15,488
-17,781
27,188
2,993
Tax
-15,313
-4,872
-3,072
-1,071
-17,807
-16,729
-11,424
-1,423
-3,717
-7,612
-838
Profit After Tax
45,940
20,770
13,095
-67,992
4,564
75,915
71,319
45,698
-2,622
5,354
-7,945
11,771
-17,781
19,575
2,155
Dividends Paid
Retained Profit
45,940
20,770
13,095
-67,992
4,564
75,915
71,319
45,698
-2,622
5,354
-7,945
11,771
-17,781
19,575
2,155
Employee Costs
254,390
280,616
239,369
195,083
161,560
157,806
154,835
79,062
80,628
39,216
37,153
36,910
36,532
71,689
Number Of Employees
6
7
6
5
4
4
4
2
2
1
1
1
1
2
EBITDA*
61,253
25,642
16,167
-67,992
5,635
93,722
87,898
58,677
-420
9,795
-3,883
18,121
-13,145
33,014
6,900
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
26,442
24,256
32,341
43,122
28,127
20,115
14,737
5,185
6,913
9,218
12,291
8,004
10,672
15,308
10,698
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
26,442
24,256
32,341
43,122
28,127
20,115
14,737
5,185
6,913
9,218
12,291
8,004
10,672
15,308
10,698
Stock & work in progress
Trade Debtors
284,453
199,473
175,708
150,432
227,127
291,137
273,446
49,780
69,576
37,000
48,397
34,658
32,325
65,804
49,176
Group Debtors
Misc Debtors
Cash
120,051
18,915
22,120
13,964
25,530
misc current assets
total current assets
284,453
199,473
175,708
150,432
227,127
291,137
273,446
169,831
88,491
59,120
48,397
48,622
32,325
65,804
74,706
total assets
310,895
223,729
208,049
193,554
255,254
311,252
288,183
175,016
95,404
68,338
60,688
56,626
42,997
81,112
85,404
Bank overdraft
Bank loan
Trade Creditors
90,379
49,153
50,698
43,773
39,896
107,113
159,959
118,711
84,797
55,109
50,563
40,806
38,948
58,214
79,947
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
90,379
49,153
50,698
43,773
39,896
107,113
159,959
118,711
84,797
55,109
50,563
40,806
38,948
58,214
79,947
loans
hp & lease commitments
Accruals and Deferred Income
700
700
700
700
700
700
700
other liabilities
3,545
9,070
6,655
2,250
1,068
3,202
provisions
total long term liabilities
700
700
4,245
9,770
7,355
700
700
2,250
1,068
3,202
total liabilities
91,079
49,853
54,943
53,543
47,251
107,813
160,659
118,711
84,797
55,109
52,813
40,806
38,948
59,282
83,149
net assets
219,816
173,876
153,106
140,011
208,003
203,439
127,524
56,305
10,607
13,229
7,875
15,820
4,049
21,830
2,255
total shareholders funds
219,816
173,876
153,106
140,011
208,003
203,439
127,524
56,305
10,607
13,229
7,875
15,820
4,049
21,830
2,255
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
61,253
25,642
16,167
-67,992
5,635
93,722
87,898
56,949
-2,725
6,722
-7,980
15,453
-17,781
27,124
2,929
Depreciation
1,728
2,305
3,073
4,097
2,668
4,636
5,890
3,971
Amortisation
Tax
-15,313
-4,872
-3,072
-1,071
-17,807
-16,729
-11,424
-1,423
-3,717
-7,612
-838
Stock
Debtors
84,980
23,765
25,276
-76,695
-64,010
17,691
223,666
-19,796
32,576
-11,397
13,739
2,333
-33,479
16,628
49,176
Creditors
41,226
-1,545
6,925
3,877
-67,217
-52,846
41,248
33,914
29,688
4,546
9,757
1,858
-19,266
-21,733
79,947
Accruals and Deferred Income
700
Deferred Taxes & Provisions
Cash flow from operations
2,186
-4,540
-5,256
12,580
1,357
5,378
-110,549
100,963
-3,308
24,315
-7,865
13,929
1,068
-12,959
36,833
Investing Activities
capital expenditure
-2,186
8,085
10,781
-14,995
-8,012
-5,378
-9,552
-8,384
-10,500
-14,669
Change in Investments
cash flow from investments
-2,186
8,085
10,781
-14,995
-8,012
-5,378
-9,552
-8,384
-10,500
-14,669
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-3,545
-5,525
2,415
6,655
-2,250
2,250
-1,068
-2,134
3,202
share issue
-100
100
interest
150
174
103
55
35
35
64
64
cash flow from financing
-3,545
-5,525
2,415
6,655
50
174
103
-2,195
2,285
35
-1,068
-2,070
3,366
cash and cash equivalents
cash
-120,051
101,136
-3,205
22,120
-13,964
13,964
-25,530
25,530
overdraft
change in cash
-120,051
101,136
-3,205
22,120
-13,964
13,964
-25,530
25,530
w.e.c. electrical contractors ltd 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 w.e.c. electrical contractors ltd. Get real-time insights into w.e.c. electrical contractors ltd's credit score, group structure and payment trends.
Perform a competitor analysis for w.e.c. electrical contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TW7 area or any other competitors across 12 key performance metrics.
w.e.c. electrical contractors ltd Ownership
W.E.C. ELECTRICAL CONTRACTORS LTD group structure
W.E.C. Electrical Contractors Ltd has no subsidiary companies.
Ultimate parent company
W.E.C. ELECTRICAL CONTRACTORS LTD
04248406
W.E.C. ELECTRICAL CONTRACTORS LTD Shareholders
The largest shareholders in W.E.C. Electrical Contractors Ltd include Paul David Westlake and Tracey Jane Westlake.
paul david westlake
75%
tracey jane westlake
25%
w.e.c. electrical contractors ltd directors
W.E.C. Electrical Contractors Ltd currently has 3 directors.
The longest serving directors include
Mr Paul Westlake (Jul 2001) and
Mrs Tracey Westlake (Apr 2004).
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 w.e.c. electrical contractors ltd.
w.e.c. electrical contractors ltd 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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w.e.c. electrical contractors ltdCompanies House Filings - See Documents
