haddow electrical ltd Company Information
Company Number
04637870
Website
www.haddowelectrical.co.ukRegistered Address
unit 2 oakwood business park, nr east ashling, chichester, west sussex, PO18 9AL
Industry
Electrical installation
Telephone
01243531960
Next Accounts Due
October 2024
Group Structure
View All
Directors
Phillip Haddow21 Years
Shareholders
phillip haddow 95%
paul couch 5%
haddow electrical ltd Estimated Valuation
The estimated valuation range for haddow electrical ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £82k to £737.9k
haddow electrical ltd Estimated Valuation
The estimated valuation range for haddow electrical ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £82k to £737.9k
haddow electrical ltd Estimated Valuation
The estimated valuation range for haddow electrical ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £82k to £737.9k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Haddow Electrical Ltd Overview
Haddow Electrical Ltd is a live company located in chichester, PO18 9AL with a Companies House number of 04637870. It operates in the electrical installation sector, SIC Code 43210. Founded in January 2003, it's largest shareholder is phillip haddow with a 95% stake. Haddow Electrical Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.
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Haddow Electrical Ltd Health Check
Pomanda's financial health check has awarded Haddow Electrical Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2.2m, make it larger than the average company (£778.7k)
- Haddow Electrical Ltd
£778.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.9%)
- Haddow Electrical Ltd
4.9% - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (25.3%)
- Haddow Electrical Ltd
25.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.8%)
- Haddow Electrical Ltd
5.8% - Industry AVG
Employees
with 25 employees, this is above the industry average (10)
25 - Haddow Electrical Ltd
10 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Haddow Electrical Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £89.9k, this is less efficient (£125.2k)
- Haddow Electrical Ltd
£125.2k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (60 days)
- Haddow Electrical Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (43 days)
- Haddow Electrical Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is more than average (6 days)
- Haddow Electrical Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)
2 weeks - Haddow Electrical Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (65.5%)
96.2% - Haddow Electrical Ltd
65.5% - Industry AVG
haddow electrical ltd Credit Report and Business Information
Haddow Electrical Ltd Competitor Analysis
Perform a competitor analysis for haddow electrical ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
haddow electrical ltd Ownership
HADDOW ELECTRICAL LTD group structure
Haddow Electrical Ltd has no subsidiary companies.
Ultimate parent company
HADDOW ELECTRICAL LTD
04637870
haddow electrical ltd directors
Haddow Electrical Ltd currently has 1 director, Mr Phillip Haddow serving since Jan 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Phillip Haddow | England | 73 years | Jan 2003 | - | Director |
HADDOW ELECTRICAL LTD financials
Haddow Electrical Ltd's latest turnover from January 2023 is estimated at £2.2 million and the company has net assets of £32.7 thousand. According to their latest financial statements, Haddow Electrical Ltd has 25 employees and maintains cash reserves of £32.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,675,357 | 2,241,588 | 2,074,088 | 1,563,964 | 1,276,112 | 1,308,640 | 1,163,987 | |||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Cost Of Sales | 1,872,830 | 1,727,510 | 1,655,634 | 1,211,445 | 919,682 | 1,031,181 | 911,062 | |||||||
Gross Profit | 802,527 | 514,078 | 418,454 | 352,519 | 356,430 | 277,459 | 252,925 | |||||||
Admin Expenses | 526,111 | 379,723 | 336,407 | 294,516 | 271,289 | 276,201 | 254,175 | |||||||
Operating Profit | 276,416 | 134,355 | 82,047 | 58,003 | 85,141 | 1,258 | -1,250 | |||||||
Interest Payable | 7,604 | 6,000 | 0 | 0 | 1,768 | |||||||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Pre-Tax Profit | 268,812 | 128,335 | 82,047 | 58,003 | 85,141 | 1,258 | -3,018 | |||||||
Tax | -57,208 | -23,546 | -9,542 | -12,423 | -13,335 | -2,112 | -2,569 | |||||||
Profit After Tax | 211,604 | 104,789 | 72,505 | 45,580 | 71,806 | -854 | -5,587 | |||||||
Dividends Paid | 101,052 | 78,000 | 72,000 | 45,000 | 72,000 | 188 | 52,000 | |||||||
Retained Profit | 110,552 | 26,789 | 505 | 580 | -194 | -1,042 | -57,587 | |||||||
Employee Costs | ||||||||||||||
Number Of Employees | 25 | 29 | 29 | 29 | 28 | |||||||||
EBITDA* | 319,337 | 152,355 | 100,047 | 76,003 | 105,141 | 19,258 | 22,153 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 28,073 | 43,993 | 83,957 | 133,312 | 191,622 | 145,069 | 70,120 | 104,823 | 107,842 | 97,442 | 52,267 | 57,520 | 42,664 | 54,622 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 43,073 | 43,993 | 83,957 | 133,312 | 191,622 | 145,069 | 70,120 | 104,823 | 107,842 | 97,442 | 52,267 | 57,520 | 42,664 | 54,622 |
Stock & work in progress | 82,752 | 49,360 | 36,421 | 46,358 | 0 | 0 | 0 | 72,673 | 47,454 | 97,454 | 145,635 | 25,200 | 25,202 | 25,202 |
Trade Debtors | 705,739 | 986,108 | 290,821 | 515,615 | 988,528 | 607,396 | 387,635 | 426,282 | 97,215 | 167,833 | 207,362 | 159,116 | 36,039 | 98,071 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 350,666 | 325,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,988 | 0 |
Cash | 32,549 | 130,398 | 248,368 | 48,272 | 0 | 967 | 0 | 5,629 | 111,413 | 0 | 0 | 7 | 0 | 5 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 821,040 | 1,165,866 | 926,276 | 936,022 | 988,528 | 608,363 | 387,635 | 504,584 | 256,082 | 265,287 | 352,997 | 184,323 | 115,229 | 123,278 |
total assets | 864,113 | 1,209,859 | 1,010,233 | 1,069,334 | 1,180,150 | 753,432 | 457,755 | 609,407 | 363,924 | 362,729 | 405,264 | 241,843 | 157,893 | 177,900 |
Bank overdraft | 0 | 0 | 120,086 | 32,888 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,379 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,608 | 4,224 | 48,813 | 7,926 | 0 |
Trade Creditors | 585,151 | 924,135 | 112,062 | 464,748 | 878,684 | 581,077 | 388,905 | 416,631 | 305,643 | 133,546 | 217,887 | 65,761 | 89,775 | 74,488 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,809 | 2,719 | 0 | 4,860 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,022 | 40,038 | 43,383 | 21,012 | 35,117 |
other current liabilities | 0 | 0 | 254,906 | 153,596 | 0 | 0 | 0 | 0 | 0 | 80,841 | 68,494 | 77,815 | 35,634 | 12,468 |
total current liabilities | 585,151 | 924,135 | 487,054 | 651,232 | 878,684 | 581,077 | 388,905 | 416,631 | 305,643 | 319,017 | 350,452 | 238,491 | 154,347 | 173,312 |
loans | 0 | 0 | 247,288 | 18,763 | 0 | 0 | 0 | 50,000 | 26,057 | 39,275 | 50,880 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 246,247 | 257,822 | 39,641 | 60,387 | 132,593 | 100,144 | 13,707 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 25,329 | 36,408 | 28,307 | 14,024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 246,247 | 257,822 | 286,929 | 104,479 | 169,001 | 128,451 | 27,731 | 50,000 | 26,057 | 39,275 | 50,880 | 0 | 0 | 0 |
total liabilities | 831,398 | 1,181,957 | 773,983 | 755,711 | 1,047,685 | 709,528 | 416,636 | 466,631 | 331,700 | 358,292 | 401,332 | 238,491 | 154,347 | 173,312 |
net assets | 32,715 | 27,902 | 236,250 | 313,623 | 132,465 | 43,904 | 41,119 | 142,776 | 32,224 | 4,437 | 3,932 | 3,352 | 3,546 | 4,588 |
total shareholders funds | 32,715 | 27,902 | 236,250 | 313,623 | 132,465 | 43,904 | 41,119 | 142,776 | 32,224 | 4,437 | 3,932 | 3,352 | 3,546 | 4,588 |
Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 276,416 | 134,355 | 82,047 | 58,003 | 85,141 | 1,258 | -1,250 | |||||||
Depreciation | 17,924 | 57,009 | 79,103 | 82,142 | 76,186 | 83,909 | 57,844 | 42,921 | 18,000 | 18,000 | 18,000 | 20,000 | 18,000 | 23,403 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -57,208 | -23,546 | -9,542 | -12,423 | -13,335 | -2,112 | -2,569 | |||||||
Stock | 33,392 | 12,939 | -9,937 | 46,358 | 0 | 0 | -72,673 | 25,219 | -50,000 | -48,181 | 120,435 | -2 | 0 | 25,202 |
Debtors | -265,369 | 344,621 | -199,905 | -147,136 | 381,132 | 219,761 | -38,647 | 329,067 | -70,618 | -39,529 | 48,246 | 69,089 | -8,044 | 98,071 |
Creditors | -338,984 | 812,073 | -352,686 | -413,936 | 297,607 | 192,172 | -27,726 | 110,988 | 172,097 | -84,341 | 152,126 | -24,014 | 15,287 | 74,488 |
Accruals and Deferred Income | 0 | -254,906 | 101,310 | 153,596 | 0 | 0 | 0 | 0 | -80,841 | 12,347 | -9,321 | 42,181 | 23,166 | 12,468 |
Deferred Taxes & Provisions | 0 | 0 | -25,329 | -11,079 | 8,101 | 14,283 | 14,024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 18,831 | 340,683 | 106,221 | 37,704 | 40,886 | 63,643 | -16,733 | |||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,608 | 33,384 | -44,589 | 40,887 | 7,926 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,809 | 17,090 | 2,719 | -4,860 | 4,860 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -247,288 | 228,525 | 18,763 | 0 | 0 | -50,000 | 23,943 | -13,218 | -11,605 | 50,880 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67,022 | 26,984 | -3,345 | 22,371 | -14,105 | 35,117 |
other long term liabilities | -11,575 | 218,181 | -20,746 | -72,206 | 32,449 | 86,437 | 13,707 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -7,604 | -6,000 | 0 | 0 | -1,768 | |||||||||
cash flow from financing | 16,339 | -122,850 | 28,954 | 20,036 | 100,384 | |||||||||
cash and cash equivalents | ||||||||||||||
cash | -97,849 | -117,970 | 200,096 | 48,272 | -967 | 967 | -5,629 | -105,784 | 111,413 | 0 | -7 | 7 | -5 | 5 |
overdraft | 0 | -120,086 | 87,198 | 32,888 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46,379 | 46,379 |
change in cash | -97,849 | 2,116 | 112,898 | 15,384 | -967 | 967 | -5,629 | -105,784 | 111,413 | 0 | -7 | 7 | 46,374 | -46,374 |
P&L
January 2023turnover
2.2m
-32%
operating profit
3.1k
0%
gross margin
16.6%
+0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
32.7k
+0.17%
total assets
864.1k
-0.29%
cash
32.5k
-0.75%
net assets
Total assets minus all liabilities
haddow electrical ltd company details
company number
04637870
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
January 2003
age
21
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 2 oakwood business park, nr east ashling, chichester, west sussex, PO18 9AL
last accounts submitted
January 2023
haddow electrical ltd 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 haddow electrical ltd.
haddow electrical ltd Companies House Filings - See Documents
date | description | view/download |
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