Ms Electrical Engineers & Contractors Limited

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ms electrical engineers & contractors limited Company Information

Live

MatureSmallLow

Company Number

04735619

Website

www.mse-uk.com

Registered Address

bridge house 26 hewell road, redditch, redditch, worcestershire, B97 6AN

Industry

Electrical installation

Telephone

01527582730

Next Accounts Due

January 2025

Group Structure

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Directors

Gary Harland21 Years

Timothy Hands21 Years

Shareholders

timothy hands 24.7%

gary harland 24.7%

View All

ms electrical engineers & contractors limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of MS ELECTRICAL ENGINEERS & CONTRACTORS LIMITED at £3.6m based on Net Assets of £1.1m and 3.21x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ms Electrical Engineers & Contractors Limited is a live company located in redditch, B97 6AN with a Companies House number of 04735619. It operates in the electrical installation sector, SIC Code 43210. Founded in April 2003, it's largest shareholder is timothy hands with a 24.7% stake. Ms Electrical Engineers & Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with low growth in recent years.

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Pomanda's financial health check has awarded Ms Electrical Engineers & Contractors Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

6 Strong

4 Regular

2 Weak

Size

annual sales of £3.7m, make it larger than the average company (£793.5k)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.9%)

EXPORT

Ms Electrical Engineers & Contractors Limited's latest turnover from April 2023 is estimated at £3.7 million and the company has net assets of £1.1 million. According to their latest financial statements, Ms Electrical Engineers & Contractors Limited has 34 employees and maintains cash reserves of £867.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	3,727,063	4,354,551	2,840,558	3,464,797	3,263,679	4,016,967	3,945,659	3,357,556	3,206,541	2,914,863	2,770,919	2,360,568	2,580,697	2,066,372
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,788,111	3,257,820	2,142,495	2,592,319	2,379,863	2,887,044	2,829,601	2,365,848	2,241,227	2,026,762	1,877,379	1,568,150	1,599,948	1,248,011
Gross Profit	938,952	1,096,730	698,063	872,477	883,816	1,129,923	1,116,058	991,708	965,314	888,101	893,540	792,418	980,749	818,360
Admin Expenses	711,313	1,129,713	771,931	702,450	841,523	492,772	951,367	983,444	924,882	1,007,578	928,285	785,069	915,457	415,994
Operating Profit	227,639	-32,983	-73,868	170,027	42,293	637,151	164,691	8,264	40,432	-119,477	-34,745	7,349	65,292	402,366
Interest Payable	7,517	6,187	3,050	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	25,984	3,521	499	448	3,355	1,037	1	2	3	2	181	502	427	105
Pre-Tax Profit	246,107	-35,649	-76,419	170,474	45,648	638,188	164,693	8,266	40,435	-119,475	-34,564	7,851	65,719	402,471
Tax	-61,527	0	0	-32,390	-8,673	-121,256	-31,292	-1,653	-8,087	0	0	-1,884	-17,087	-112,692
Profit After Tax	184,580	-35,649	-76,419	138,084	36,975	516,932	133,401	6,613	32,348	-119,475	-34,564	5,967	48,632	289,779
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	184,580	-35,649	-76,419	138,084	36,975	516,932	133,401	6,613	32,348	-119,475	-34,564	5,967	48,632	289,779
Employee Costs	1,393,254	1,216,296	1,063,853	1,083,468	1,133,446	1,088,855	1,113,235	995,533	837,994	767,320	740,821	668,321	828,921	695,355
Number Of Employees	34	31	28	28	28	28	28	25	21	20	20	18	23	19
EBITDA*	281,754	70,422	-38,263	205,044	77,898	672,756	200,296	43,869	68,907	-91,002	-21,235	20,859	78,802	415,876

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	111,532	109,773	161,602	171,275	199,460	150,331	134,542	142,773	141,084	136,066	146,322	121,363	94,589	82,879
Intangible Assets	18,000	24,000	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)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	129,532	133,773	161,602	171,275	199,460	150,331	134,542	142,773	141,084	136,066	146,322	121,363	94,589	82,879
Stock & work in progress	40,477	57,741	118,449	145,955	82,827	53,337	76,216	74,307	76,434	96,778	20,072	20,072	20,000	20,000
Trade Debtors	767,360	1,061,516	619,060	648,155	619,924	859,057	767,842	562,733	557,313	480,818	560,127	468,788	495,480	404,255
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	126,597	164,296	0	0	0	0	0	0	0	0	0	0	0	0
Cash	867,404	355,391	583,575	414,237	480,757	413,995	821	343	654	546	405	72,139	128,835	41,876
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,801,838	1,638,944	1,321,084	1,208,347	1,183,508	1,326,389	844,879	637,383	634,401	578,142	580,604	560,999	644,315	466,131
total assets	1,931,370	1,772,717	1,482,686	1,379,622	1,382,968	1,476,720	979,421	780,156	775,485	714,208	726,926	682,362	738,904	549,010
Bank overdraft	20,000	20,000	100,000	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	396,199	470,980	250,623	271,783	395,569	590,806	580,099	509,807	528,388	499,775	388,286	332,041	388,598	248,767
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	2,975	2,975	2,157
other current liabilities	295,892	234,642	107,327	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	712,091	725,622	457,950	271,783	395,569	590,806	580,099	509,807	528,388	499,775	388,286	335,016	391,573	250,924
loans	43,333	63,333	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	1,968	7,920	7,307
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	47,742	40,138	45,463	52,147	69,791	5,281	35,621	40,049	23,410	23,094	27,826	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	91,075	103,471	45,463	52,147	69,791	5,281	35,621	40,049	23,410	23,094	27,826	1,968	7,920	7,307
total liabilities	803,166	829,093	503,413	323,930	465,360	596,087	615,720	549,856	551,798	522,869	416,112	336,984	399,493	258,231
net assets	1,128,204	943,624	979,273	1,055,692	917,608	880,633	363,701	230,300	223,687	191,339	310,814	345,378	339,411	290,779
total shareholders funds	1,128,204	943,624	979,273	1,055,692	917,608	880,633	363,701	230,300	223,687	191,339	310,814	345,378	339,411	290,779

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	227,639	-32,983	-73,868	170,027	42,293	637,151	164,691	8,264	40,432	-119,477	-34,745	7,349	65,292	402,366
Depreciation	54,115	103,405	35,605	35,017	35,605	35,605	35,605	35,605	28,475	28,475	13,510	13,510	13,510	13,510
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-61,527	0	0	-32,390	-8,673	-121,256	-31,292	-1,653	-8,087	0	0	-1,884	-17,087	-112,692
Stock	-17,264	-60,708	-27,506	63,128	29,490	-22,879	1,909	-2,127	-20,344	76,706	0	72	0	20,000
Debtors	-331,855	606,752	-29,095	28,231	-239,133	91,215	205,109	5,420	76,495	-79,309	91,339	-26,692	91,225	404,255
Creditors	-74,781	220,357	-21,160	-123,786	-195,237	10,707	70,292	-18,581	28,613	111,489	56,245	-56,557	139,831	248,767
Accruals and Deferred Income	61,250	127,315	107,327	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	555,815	-127,950	104,505	-42,491	83,631	493,871	32,278	20,342	33,282	23,090	-56,329	-10,962	110,321	127,696
Investing Activities
capital expenditure	-49,874	-75,576	-25,932	-6,832	-84,734	-51,394	-27,374	-37,294	-33,493	-18,219	-38,469	-40,284	-25,220	-96,389
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-49,874	-75,576	-25,932	-6,832	-84,734	-51,394	-27,374	-37,294	-33,493	-18,219	-38,469	-40,284	-25,220	-96,389
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-20,000	63,333	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	-4,943	-5,952	1,431	9,464
other long term liabilities	7,604	-5,325	-6,684	-17,644	64,510	-30,340	-4,428	16,639	316	-4,732	27,826	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000
interest	18,467	-2,666	-2,551	448	3,355	1,037	1	2	3	2	181	502	427	105
cash flow from financing	6,071	55,342	-9,235	-17,196	67,865	-29,303	-4,427	16,641	319	-4,730	23,064	-5,450	1,858	10,569
cash and cash equivalents
cash	512,013	-228,184	169,338	-66,520	66,762	413,174	478	-311	108	141	-71,734	-56,696	86,959	41,876
overdraft	0	-80,000	100,000	0	0	0	0	0	0	0	0	0	0	0
change in cash	512,013	-148,184	69,338	-66,520	66,762	413,174	478	-311	108	141	-71,734	-56,696	86,959	41,876

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MS ELECTRICAL ENGINEERS & CONTRACTORS LIMITED group structure

Ms Electrical Engineers & Contractors Limited has no subsidiary companies.

Ultimate parent company

MS ELECTRICAL ENGINEERS & CONTRACTORS LIMITED

04735619

MS ELECTRICAL ENGINEERS & CONTRACTORS LIMITED Shareholders

timothy hands	24.72%
gary harland	24.72%
tracy harland	22.47%
leigh hands	22.47%
frank mckeown	5.62%

Ms Electrical Engineers & Contractors Limited currently has 2 directors. The longest serving directors include Mr Gary Harland (Apr 2003) and Mr Timothy Hands (Apr 2003).

officer	country	age	start	end	role
Mr Gary Harland		56 years	Apr 2003	-	Director
Mr Timothy Hands	United Kingdom	56 years	Apr 2003	-	Director

P&L

April 2023

turnover

3.7m

-14%

operating profit

227.6k

gross margin

25.2%

+0.03%

turnover

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

Balance Sheet

April 2023

net assets

1.1m

+0.2%

total assets

1.9m

+0.09%

cash

867.4k

+1.44%

net assets

Total assets minus all liabilities

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company number

04735619

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

April 2003

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

bridge house 26 hewell road, redditch, redditch, worcestershire, B97 6AN

last accounts submitted

April 2023

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.

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ms electrical engineers & contractors limited Company Information

ms electrical engineers & contractors limited Estimated Valuation

ms electrical engineers & contractors limited Estimated Valuation

ms electrical engineers & contractors limited Estimated Valuation

Ms Electrical Engineers & Contractors Limited Overview

Ms Electrical Engineers & Contractors Limited Health Check

MS ELECTRICAL ENGINEERS & CONTRACTORS LIMITED financials

ms electrical engineers & contractors limited Credit Report and Business Information

Ms Electrical Engineers & Contractors Limited Competitor Analysis

ms electrical engineers & contractors limited Ownership

ms electrical engineers & contractors limited directors

ms electrical engineers & contractors limited company details

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ms electrical engineers & contractors limited Companies House Filings - See Documents