eastway electrical services limited

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eastway electrical services limited Company Information

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Company Number

04668520

Registered Address

17 homelands, leatherhead, surrey, KT22 8SU

Industry

Electrical installation

 

Telephone

01372372508

Next Accounts Due

February 2025

Group Structure

View All

Directors

Stephen Anderson21 Years

Shareholders

elaine anderson 50%

stephen william anderson 50%

eastway electrical services limited Estimated Valuation

£445k

Pomanda estimates the enterprise value of EASTWAY ELECTRICAL SERVICES LIMITED at £445k based on a Turnover of £1.5m and 0.31x industry multiple (adjusted for size and gross margin).

eastway electrical services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EASTWAY ELECTRICAL SERVICES LIMITED at £0 based on an EBITDA of £-162.7k and a 4.04x industry multiple (adjusted for size and gross margin).

eastway electrical services limited Estimated Valuation

£12.7k

Pomanda estimates the enterprise value of EASTWAY ELECTRICAL SERVICES LIMITED at £12.7k based on Net Assets of £4k and 3.21x industry multiple (adjusted for liquidity).

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Eastway Electrical Services Limited Overview

Eastway Electrical Services Limited is a live company located in surrey, KT22 8SU with a Companies House number of 04668520. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2003, it's largest shareholder is elaine anderson with a 50% stake. Eastway Electrical Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.

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Eastway Electrical Services Limited Health Check

Pomanda's financial health check has awarded Eastway Electrical Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£836.9k)

£1.5m - Eastway Electrical Services Limited

£836.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.1%)

16% - Eastway Electrical Services Limited

7.1% - Industry AVG

production

Production

with a gross margin of 16.4%, this company has a higher cost of product (24.8%)

16.4% - Eastway Electrical Services Limited

24.8% - Industry AVG

profitability

Profitability

an operating margin of -11.2% make it less profitable than the average company (6.4%)

-11.2% - Eastway Electrical Services Limited

6.4% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (11)

4 - Eastway Electrical Services Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)

£41.2k - Eastway Electrical Services Limited

£41.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £364.1k, this is more efficient (£131.9k)

£364.1k - Eastway Electrical Services Limited

£131.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 149 days, this is later than average (59 days)

149 days - Eastway Electrical Services Limited

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (42 days)

68 days - Eastway Electrical Services Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eastway Electrical Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Eastway Electrical Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (62.8%)

99.3% - Eastway Electrical Services Limited

62.8% - Industry AVG

eastway 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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Eastway Electrical Services Limited Competitor Analysis

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Perform a competitor analysis for eastway electrical services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

eastway electrical services limited Ownership

EASTWAY ELECTRICAL SERVICES LIMITED group structure

Eastway Electrical Services Limited has no subsidiary companies.

Ultimate parent company

EASTWAY ELECTRICAL SERVICES LIMITED

04668520

EASTWAY ELECTRICAL SERVICES LIMITED Shareholders

elaine anderson 50%
stephen william anderson 50%

eastway electrical services limited directors

Eastway Electrical Services Limited currently has 1 director, Mr Stephen Anderson serving since Feb 2003.

officercountryagestartendrole
Mr Stephen Anderson60 years Feb 2003- Director

EASTWAY ELECTRICAL SERVICES LIMITED financials

EXPORTms excel logo

Eastway Electrical Services Limited's latest turnover from May 2023 is estimated at £1.5 million and the company has net assets of £4 thousand. According to their latest financial statements, Eastway Electrical Services Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,456,5301,531,0771,382,879924,330928,5781,009,912599,217160,621142,3582,228,4191,319,8931,518,7531,373,505668,859
Other Income Or Grants00000000000000
Cost Of Sales1,218,3851,277,4021,175,362772,354761,836834,539490,017129,889115,7411,823,7821,060,4401,226,9111,074,193515,005
Gross Profit238,145253,675207,516151,976166,742175,373109,20030,73126,617404,637259,453291,841299,312153,854
Admin Expenses400,826-3,250515,15545,024100,279119,144-415,269-30,955272,043868,177189,861155,639337,804-153,905
Operating Profit-162,681256,925-307,639106,95266,46356,229524,46961,686-245,426-463,54069,592136,202-38,492307,759
Interest Payable000000022,94522,94500000
Interest Receivable002253171,7921,1604581,4531,8191,8972,6903,2652,6431,026
Pre-Tax Profit-162,681256,925-307,414107,26968,25457,389524,92740,194-266,552-461,64372,282139,467-35,849308,785
Tax0-48,8160-20,381-12,968-10,904-99,736-8,03900-16,625-33,4720-86,460
Profit After Tax-162,681208,109-307,41486,88855,28646,485425,19132,155-266,552-461,64355,657105,995-35,849222,325
Dividends Paid00000000000000
Retained Profit-162,681208,109-307,41486,88855,28646,485425,19132,155-266,552-461,64355,657105,995-35,849222,325
Employee Costs164,728234,924267,653266,449279,507193,476117,28239,85340,087387,003221,828295,629286,213144,468
Number Of Employees467775311106884
EBITDA*-162,681256,925-302,823110,29768,96362,479524,46967,632-245,426-462,58174,649140,900-34,368309,816

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets2,8423,7896,1065,0334,9997,4993,7509,69615,6426,5889594,5876,9896,168
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets2,8423,7896,1065,0334,9997,4993,7509,69615,6426,5889594,5876,9896,168
Stock & work in progress000127,000157,150259,101157,4281,77012673,24499,955105,333106,78870,000
Trade Debtors598,405711,575597,9810201,4700013,79512,533436,464285,456226,257195,84589,300
Group Debtors00000000000000
Misc Debtors0000000264,304000000
Cash000449,564184,976292,843171,074195,347385,805341,930416,785659,264646,740410,468
misc current assets00000000000000
total current assets598,405711,575597,981576,564543,596551,944328,502475,216398,464851,638802,196990,854949,373569,768
total assets601,247715,364604,087581,597548,595559,443332,252484,912414,106858,226803,155995,441956,362575,936
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 228,378179,814260,440251,246297,528140,80580,35393,73188,160971,739455,025702,968769,884353,609
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000109,825171,172739,091000000
total current liabilities228,378179,814260,440251,246297,528250,630251,525832,82288,160971,739455,025702,968769,884353,609
loans00000000706,01100000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities368,917368,917385,12364,41172,015185,0473,4460000000
provisions00000000000000
total long term liabilities368,917368,917385,12364,41172,015185,0473,4460706,01100000
total liabilities597,295548,731645,563315,657369,543435,677254,971832,822794,171971,739455,025702,968769,884353,609
net assets3,952166,633-41,476265,940179,052123,76677,281-347,910-380,065-113,513348,130292,473186,478222,327
total shareholders funds3,952166,633-41,476265,940179,052123,76677,281-347,910-380,065-113,513348,130292,473186,478222,327
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-162,681256,925-307,639106,95266,46356,229524,46961,686-245,426-463,54069,592136,202-38,492307,759
Depreciation004,8163,3452,5006,25005,94609595,0574,6984,1242,057
Amortisation00000000000000
Tax0-48,8160-20,381-12,968-10,904-99,736-8,03900-16,625-33,4720-86,460
Stock00-127,000-30,150-101,951101,673155,6581,644-73,118-26,711-5,378-1,45536,78870,000
Debtors-113,170113,594597,981-201,470201,4700-278,099265,566-423,931151,00859,19930,412106,54589,300
Creditors48,564-80,6269,194-46,282156,72360,452-13,3785,571-883,579516,714-247,943-66,916416,275353,609
Accruals and Deferred Income0000-109,825-61,347-567,919739,091000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-94713,889-764,610275,2543,374-50,993-34,123537,045-631,956-70,164-243,74011,555238,574417,665
Investing Activities
capital expenditure9472,317-5,889-3,3790-9,9995,9460-9,054-6,588-1,429-2,296-4,945-8,225
Change in Investments00000000000000
cash flow from investments9472,317-5,889-3,3790-9,9995,9460-9,054-6,588-1,429-2,296-4,945-8,225
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0000000-706,011706,01100000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0-16,206320,712-7,604-113,032181,6013,4460000000
share issue00-200000000002
interest002253171,7921,160458-21,492-21,1261,8972,6903,2652,6431,026
cash flow from financing0-16,206320,935-7,287-111,240182,7613,904-727,503684,8851,8972,6903,2652,6431,028
cash and cash equivalents
cash00-449,564264,588-107,867121,769-24,273-190,45843,875-74,855-242,47912,524236,272410,468
overdraft00000000000000
change in cash00-449,564264,588-107,867121,769-24,273-190,45843,875-74,855-242,47912,524236,272410,468

P&L

May 2023

turnover

1.5m

-5%

operating profit

-162.7k

0%

gross margin

16.4%

-1.32%

turnover

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

Balance Sheet

May 2023

net assets

4k

-0.98%

total assets

601.2k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

eastway electrical services limited company details

company number

04668520

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

February 2003

age

21

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

17 homelands, leatherhead, surrey, KT22 8SU

last accounts submitted

May 2023

eastway 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 eastway electrical services limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

eastway electrical services limited Companies House Filings - See Documents

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