maynards electrical contractors limited
maynards electrical contractors limited Company Information
Company Number
04708094
Next Accounts
2041 days late
Shareholders
maynards holiding limited
Group Structure
View All
Industry
Electrical installation
Registered Address
cumberland house 15-17, cumberland place, southampton, hampshire, SO15 2BG
Website
http://maynards.comaynards electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of MAYNARDS ELECTRICAL CONTRACTORS LIMITED at £1.5m based on a Turnover of £3.8m and 0.38x industry multiple (adjusted for size and gross margin).
maynards electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of MAYNARDS ELECTRICAL CONTRACTORS LIMITED at £0 based on an EBITDA of £-104.4k and a 3.97x industry multiple (adjusted for size and gross margin).
maynards electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of MAYNARDS ELECTRICAL CONTRACTORS LIMITED at £1.8m based on Net Assets of £640.9k and 2.75x industry multiple (adjusted for liquidity).
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Maynards Electrical Contractors Limited Overview
Maynards Electrical Contractors Limited is a live company located in southampton, SO15 2BG with a Companies House number of 04708094. It operates in the electrical installation sector, SIC Code 43210. Founded in March 2003, it's largest shareholder is maynards holiding limited with a 100% stake. Maynards Electrical Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with low growth in recent years.
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Maynards Electrical Contractors Limited Health Check
Pomanda's financial health check has awarded Maynards Electrical Contractors Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £3.8m, make it larger than the average company (£527.8k)
- Maynards Electrical Contractors Limited
£527.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.7%)
- Maynards Electrical Contractors Limited
6.7% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (27.8%)
- Maynards Electrical Contractors Limited
27.8% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (6.7%)
- Maynards Electrical Contractors Limited
6.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (28)
- Maynards Electrical Contractors Limited
28 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- Maynards Electrical Contractors Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £211.8k, this is more efficient (£126.6k)
- Maynards Electrical Contractors Limited
£126.6k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (59 days)
- Maynards Electrical Contractors Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (47 days)
- Maynards Electrical Contractors Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (9 days)
- Maynards Electrical Contractors Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - Maynards Electrical Contractors Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a lower level of debt than the average (68.9%)
59.3% - Maynards Electrical Contractors Limited
68.9% - Industry AVG
MAYNARDS ELECTRICAL CONTRACTORS LIMITED financials
Maynards Electrical Contractors Limited's latest turnover from September 2017 is estimated at £3.8 million and the company has net assets of £640.9 thousand. According to their latest financial statements, we estimate that Maynards Electrical Contractors Limited has 18 employees and maintains cash reserves of £315.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,933 | 13,545 | 13,545 | 18,059 | 1,836 | 2,447 | 3,262 | 4,349 | 5,799 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,933 | 13,545 | 13,545 | 18,059 | 1,836 | 2,447 | 3,262 | 4,349 | 5,799 |
| Stock & work in progress | 29,650 | 14,263 | 13,200 | 29,800 | 28,804 | 69,569 | 0 | 24,200 | 11 |
| Trade Debtors | 1,217,705 | 1,659,716 | 1,153,101 | 974,047 | 902,243 | 653,236 | 571,285 | 466,617 | 292,315 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 315,479 | 311,900 | 126,734 | 92,719 | 200 | 200 | 0 | 0 | 3,055 |
| misc current assets | 0 | 0 | 122,000 | 198,794 | 198,394 | 0 | 0 | 0 | 0 |
| total current assets | 1,562,834 | 1,985,879 | 1,415,035 | 1,295,360 | 1,129,641 | 723,005 | 571,285 | 490,817 | 295,381 |
| total assets | 1,572,767 | 1,999,424 | 1,428,580 | 1,313,419 | 1,131,477 | 725,452 | 574,547 | 495,166 | 301,180 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 931,859 | 1,251,289 | 1,098,804 | 1,028,207 | 973,035 | 702,120 | 511,577 | 494,136 | 249,993 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 931,859 | 1,251,289 | 1,098,804 | 1,028,207 | 973,035 | 702,120 | 511,577 | 494,136 | 249,993 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 931,859 | 1,251,289 | 1,098,804 | 1,028,207 | 973,035 | 702,120 | 511,577 | 494,136 | 249,993 |
| net assets | 640,908 | 748,135 | 329,776 | 285,212 | 158,442 | 23,332 | 62,970 | 1,030 | 51,187 |
| total shareholders funds | 640,908 | 748,135 | 329,776 | 285,212 | 158,442 | 23,332 | 62,970 | 1,030 | 51,187 |
| Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,612 | 0 | 4,515 | 6,021 | 613 | 815 | 1,087 | 1,450 | 1,932 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 15,387 | 1,063 | -16,600 | 996 | -40,765 | 69,569 | -24,200 | 24,189 | 11 |
| Debtors | -442,011 | 506,615 | 179,054 | 71,804 | 249,007 | 81,951 | 104,668 | 174,302 | 292,315 |
| Creditors | -319,430 | 152,485 | 70,597 | 55,172 | 270,915 | 190,543 | 17,441 | 244,143 | 249,993 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 3,579 | 185,166 | 34,015 | 92,519 | 0 | 200 | 0 | -3,055 | 3,055 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,579 | 185,166 | 34,015 | 92,519 | 0 | 200 | 0 | -3,055 | 3,055 |
maynards electrical contractors limited Credit Report and Business Information
Maynards Electrical Contractors Limited Competitor Analysis
Perform a competitor analysis for maynards electrical contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.
maynards electrical contractors limited Ownership
MAYNARDS ELECTRICAL CONTRACTORS LIMITED group structure
Maynards Electrical Contractors Limited has no subsidiary companies.
Ultimate parent company
MAYNARD HOLDINGS LTD
#0090833
1 parent
MAYNARDS ELECTRICAL CONTRACTORS LIMITED
04708094
maynards electrical contractors limited directors
Maynards Electrical Contractors Limited currently has 2 directors. The longest serving directors include Mr Jason Perdue (Jul 2015) and Mr Ian Newton (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Perdue | England | 55 years | Jul 2015 | - | Director |
| Mr Ian Newton | 66 years | Jul 2015 | - | Director |
P&L
September 2017turnover
3.8m
-31%
operating profit
-108k
0%
gross margin
17.8%
-4.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2017net assets
640.9k
-0.14%
total assets
1.6m
-0.21%
cash
315.5k
+0.01%
net assets
Total assets minus all liabilities
maynards electrical contractors limited company details
company number
04708094
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
March 2003
age
22
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2017
previous names
maynards building services ltd (January 2014)
accountant
-
auditor
-
address
cumberland house 15-17, cumberland place, southampton, hampshire, SO15 2BG
Bank
-
Legal Advisor
-
maynards electrical contractors 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 maynards electrical contractors limited.
maynards electrical contractors 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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maynards electrical contractors limited Companies House Filings - See Documents
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