remington ward electrical & mechanical building services ltd Company Information
Company Number
04641335
Next Accounts
Feb 2025
Shareholders
jacqueline gail ward
stephen frederick ward
View AllGroup Structure
View All
Industry
Manufacture of other electronic and electric wires and cables
Registered Address
30 st pauls square, birmingham, west midlands, B3 1QZ
Website
-remington ward electrical & mechanical building services ltd Estimated Valuation
Pomanda estimates the enterprise value of REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD at £1.3m based on a Turnover of £3m and 0.42x industry multiple (adjusted for size and gross margin).
remington ward electrical & mechanical building services ltd Estimated Valuation
Pomanda estimates the enterprise value of REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD at £0 based on an EBITDA of £-85.5k and a 3.33x industry multiple (adjusted for size and gross margin).
remington ward electrical & mechanical building services ltd Estimated Valuation
Pomanda estimates the enterprise value of REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD at £221.2k based on Net Assets of £114.8k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Remington Ward Electrical & Mechanical Building Services Ltd Overview
Remington Ward Electrical & Mechanical Building Services Ltd is a dissolved company that was located in west midlands, B3 1QZ with a Companies House number of 04641335. It operated in the manufacture of other electronic and electric wires and cables sector, SIC Code 27320. Founded in January 2003, it's largest shareholder was jacqueline gail ward with a 35% stake. The last turnover for Remington Ward Electrical & Mechanical Building Services Ltd was estimated at £3m.
Upgrade for unlimited company reports & a free credit check
Remington Ward Electrical & Mechanical Building Services Ltd Health Check
Pomanda's financial health check has awarded Remington Ward Electrical & Mechanical Building Services Ltd a 2.5 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
1 Regular
7 Weak
Size
annual sales of £3m, make it smaller than the average company (£9.3m)
- Remington Ward Electrical & Mechanical Building Services Ltd
£9.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Remington Ward Electrical & Mechanical Building Services Ltd
- - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (25.1%)
- Remington Ward Electrical & Mechanical Building Services Ltd
25.1% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (2.9%)
- Remington Ward Electrical & Mechanical Building Services Ltd
2.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (74)
- Remington Ward Electrical & Mechanical Building Services Ltd
74 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Remington Ward Electrical & Mechanical Building Services Ltd
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £275k, this is more efficient (£144.7k)
- Remington Ward Electrical & Mechanical Building Services Ltd
£144.7k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (66 days)
- Remington Ward Electrical & Mechanical Building Services Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (46 days)
- Remington Ward Electrical & Mechanical Building Services Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (60 days)
- Remington Ward Electrical & Mechanical Building Services Ltd
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Remington Ward Electrical & Mechanical Building Services Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.4%, this is a higher level of debt than the average (62.5%)
89.4% - Remington Ward Electrical & Mechanical Building Services Ltd
62.5% - Industry AVG
REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD financials
Remington Ward Electrical & Mechanical Building Services Ltd's latest turnover from July 2012 is estimated at £3 million and the company has net assets of £114.8 thousand. According to their latest financial statements, we estimate that Remington Ward Electrical & Mechanical Building Services Ltd has 11 employees and maintains cash reserves of £7.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|
Turnover | ||||
Other Income Or Grants | ||||
Cost Of Sales | ||||
Gross Profit | ||||
Admin Expenses | ||||
Operating Profit | ||||
Interest Payable | ||||
Interest Receivable | ||||
Pre-Tax Profit | ||||
Tax | ||||
Profit After Tax | ||||
Dividends Paid | ||||
Retained Profit | ||||
Employee Costs | ||||
Number Of Employees | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|
Tangible Assets | 33,095 | 39,877 | 40,101 | 71,075 |
Intangible Assets | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
Total Fixed Assets | 33,095 | 39,877 | 40,101 | 71,075 |
Stock & work in progress | 26,000 | 4,850 | 2,200 | 4,800 |
Trade Debtors | 1,013,178 | 318,645 | 129,504 | 154,141 |
Group Debtors | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 |
Cash | 7,663 | 159,361 | 110,580 | 183,015 |
misc current assets | 0 | 0 | 0 | 0 |
total current assets | 1,046,841 | 482,856 | 242,284 | 341,956 |
total assets | 1,079,936 | 522,733 | 282,385 | 413,031 |
Bank overdraft | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 964,832 | 305,821 | 68,086 | 129,727 |
Group/Directors Accounts | 0 | 0 | 14 | 0 |
other short term finances | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 |
total current liabilities | 964,832 | 305,821 | 68,100 | 129,727 |
loans | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 255 | 5,784 | 6,408 | 4,636 |
provisions | 0 | 4,000 | 2,200 | 4,300 |
total long term liabilities | 255 | 9,784 | 8,608 | 8,936 |
total liabilities | 965,087 | 315,605 | 76,708 | 138,663 |
net assets | 114,849 | 207,128 | 205,677 | 274,368 |
total shareholders funds | 114,849 | 207,128 | 205,677 | 274,368 |
Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | 7,230 | 6,546 | 12,662 | 27,921 |
Amortisation | 0 | 0 | 0 | 0 |
Tax | ||||
Stock | 21,150 | 2,650 | -2,600 | 4,800 |
Debtors | 694,533 | 189,141 | -24,637 | 154,141 |
Creditors | 659,011 | 237,735 | -61,641 | 129,727 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -4,000 | 1,800 | -2,100 | 4,300 |
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 0 | 0 | 0 | 0 |
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -14 | 14 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
other long term liabilities | -5,529 | -624 | 1,772 | 4,636 |
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | -151,698 | 48,781 | -72,435 | 183,015 |
overdraft | 0 | 0 | 0 | 0 |
change in cash | -151,698 | 48,781 | -72,435 | 183,015 |
remington ward electrical & mechanical building services ltd Credit Report and Business Information
Remington Ward Electrical & Mechanical Building Services Ltd Competitor Analysis
Perform a competitor analysis for remington ward electrical & mechanical building services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
remington ward electrical & mechanical building services ltd Ownership
REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD group structure
Remington Ward Electrical & Mechanical Building Services Ltd has no subsidiary companies.
Ultimate parent company
REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD
04641335
remington ward electrical & mechanical building services ltd directors
Remington Ward Electrical & Mechanical Building Services Ltd currently has 2 directors. The longest serving directors include Mr Stephen Ward (Jan 2003) and Ms Jacqueline Ward (Sep 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Ward | 64 years | Jan 2003 | - | Director | |
Ms Jacqueline Ward | England | 63 years | Sep 2012 | - | Director |
P&L
July 2012turnover
3m
+217%
operating profit
-92.7k
0%
gross margin
16%
-3.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2012net assets
114.8k
-0.45%
total assets
1.1m
+1.07%
cash
7.7k
-0.95%
net assets
Total assets minus all liabilities
remington ward electrical & mechanical building services ltd company details
company number
04641335
Type
Private limited with Share Capital
industry
27320 - Manufacture of other electronic and electric wires and cables
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
July 2012
previous names
N/A
accountant
-
auditor
-
address
30 st pauls square, birmingham, west midlands, B3 1QZ
Bank
-
Legal Advisor
-
remington ward electrical & mechanical building services 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 found 3 charges/mortgages relating to remington ward electrical & mechanical building services ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
remington ward electrical & mechanical building services 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.
Click to start generating capital raising & share issue transactions for REMINGTON WARD ELECTRICAL & MECHANICAL BUILDING SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
remington ward electrical & mechanical building services ltd Companies House Filings - See Documents
date | description | view/download |
---|