m c electrical contractors limited
m c electrical contractors limited Company Information
Company Number
04962056
Next Accounts
Aug 2025
Directors
Shareholders
mr michael coombs
mrs lynne coombs
Group Structure
View All
Industry
Electrical installation
Registered Address
1 bryn rhedyn, tonyrefail, porth, rct, CF39 8EZ
Website
www.mcelectrical.co.ukm c electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of M C ELECTRICAL CONTRACTORS LIMITED at £228.7k based on a Turnover of £585.8k and 0.39x industry multiple (adjusted for size and gross margin).
m c electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of M C ELECTRICAL CONTRACTORS LIMITED at £0 based on an EBITDA of £-80.9k and a 4.43x industry multiple (adjusted for size and gross margin).
m c electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of M C ELECTRICAL CONTRACTORS LIMITED at £2.5m based on Net Assets of £954.2k and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M C Electrical Contractors Limited Overview
M C Electrical Contractors Limited is a live company located in porth, CF39 8EZ with a Companies House number of 04962056. It operates in the electrical installation sector, SIC Code 43210. Founded in November 2003, it's largest shareholder is mr michael coombs with a 50% stake. M C Electrical Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £585.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
M C Electrical Contractors Limited Health Check
Pomanda's financial health check has awarded M C Electrical Contractors Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £585.8k, make it smaller than the average company (£1.8m)
- M C Electrical Contractors Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.6%)
- M C Electrical Contractors Limited
8.6% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- M C Electrical Contractors Limited
26.1% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (6.7%)
- M C Electrical Contractors Limited
6.7% - Industry AVG
Employees
with 9 employees, this is below the industry average (18)
9 - M C Electrical Contractors Limited
18 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- M C Electrical Contractors Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £65.1k, this is less efficient (£146.2k)
- M C Electrical Contractors Limited
£146.2k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (57 days)
- M C Electrical Contractors Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (41 days)
- M C Electrical Contractors Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (10 days)
- M C Electrical Contractors Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 130 weeks, this is more cash available to meet short term requirements (24 weeks)
130 weeks - M C Electrical Contractors Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.7%, this is a lower level of debt than the average (58.4%)
15.7% - M C Electrical Contractors Limited
58.4% - Industry AVG
M C ELECTRICAL CONTRACTORS LIMITED financials
M C Electrical Contractors Limited's latest turnover from November 2023 is estimated at £585.8 thousand and the company has net assets of £954.2 thousand. According to their latest financial statements, M C Electrical Contractors Limited has 9 employees and maintains cash reserves of £301.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 684,927 | 523,830 | 659,479 | 517,884 | 459,167 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 336,583 | 231,056 | 394,615 | 239,470 | 230,378 | ||||||||||
| Gross Profit | 348,344 | 292,774 | 264,864 | 278,414 | 228,789 | ||||||||||
| Admin Expenses | 205,239 | 220,512 | 213,052 | 196,208 | |||||||||||
| Operating Profit | 143,105 | 72,262 | 51,812 | 82,206 | |||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 143,105 | 72,262 | 51,812 | 82,206 | 62,919 | ||||||||||
| Tax | -29,221 | -21,106 | -5,453 | -17,778 | -13,620 | ||||||||||
| Profit After Tax | 113,884 | 51,156 | 46,359 | 64,428 | 49,299 | ||||||||||
| Dividends Paid | 50,000 | 40,000 | 50,000 | 55,000 | 70,000 | ||||||||||
| Retained Profit | 63,884 | 11,156 | -3,641 | 9,428 | -20,701 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 9 | 9 | 11 | 10 | 8 | 7 | 6 | ||||||||
| EBITDA* | 145,609 | 74,769 | 54,319 | 84,713 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,842 | 3,519 | 551 | 490 | 624 | 758 | 3,269 | 4,495 | 5,721 | 6,947 | 1 | 5 | 12 | 19 | 26 |
| Intangible Assets | 25,500 | 28,000 | 30,500 | 33,000 | 35,500 | 38,000 | |||||||||
| Investments & Other | 745,000 | 745,000 | 585,504 | 585,504 | 585,504 | 585,504 | 119,009 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 747,842 | 748,519 | 586,055 | 585,994 | 586,128 | 586,262 | 122,278 | 4,495 | 5,721 | 32,447 | 28,001 | 30,505 | 33,012 | 35,519 | 38,026 |
| Stock & work in progress | 2,294 | 1,529 | 1,799 | 1,799 | 1,499 | 1,799 | 1,599 | 1,799 | 2,016 | 2,558 | 1,958 | 2,553 | 3,173 | 12,520 | 11,788 |
| Trade Debtors | 80,247 | 123,979 | 174,103 | 143,999 | 66,713 | 137,607 | 293,150 | 136,739 | 147,225 | 169,583 | 35,981 | 48,571 | 85,948 | 76,558 | 66,934 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 4,518 | 5,720 | 1,291 | 5,999 | 5,999 | 5,999 | |||||||||
| Cash | 301,660 | 380,602 | 223,801 | 210,238 | 478,605 | 175,757 | 504,751 | 448,752 | 416,215 | 185,358 | 138,747 | 45,517 | 31,811 | 33,916 | 2,500 |
| misc current assets | |||||||||||||||
| total current assets | 384,201 | 510,628 | 405,423 | 356,036 | 546,817 | 315,163 | 799,500 | 587,290 | 565,456 | 358,790 | 176,686 | 102,640 | 126,931 | 128,993 | 81,222 |
| total assets | 1,132,043 | 1,259,147 | 991,478 | 942,030 | 1,132,945 | 901,425 | 921,778 | 591,785 | 571,177 | 391,237 | 204,687 | 133,145 | 159,943 | 164,512 | 119,248 |
| Bank overdraft | 28,590 | ||||||||||||||
| Bank loan | 10,000 | 10,000 | 10,000 | ||||||||||||
| Trade Creditors | 46,521 | 91,028 | 81,307 | 9,741 | 60,600 | 65,946 | 88,772 | 54,349 | 256,067 | 209,824 | 89,015 | 28,148 | 83,141 | 77,835 | 26,578 |
| Group/Directors Accounts | 19,263 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 64,106 | 69,270 | 66,680 | 106,281 | 158,096 | 102,825 | 179,649 | 118,633 | 72,472 | 55,432 | 61,666 | 48,498 | |||
| total current liabilities | 120,627 | 170,298 | 157,987 | 116,022 | 218,696 | 168,771 | 268,421 | 172,982 | 256,067 | 209,824 | 108,278 | 100,620 | 138,573 | 139,501 | 103,666 |
| loans | 16,667 | 26,667 | 36,667 | 50,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 40,585 | 40,754 | |||||||||||||
| total long term liabilities | 57,252 | 67,421 | 36,667 | 50,000 | |||||||||||
| total liabilities | 177,879 | 237,719 | 194,654 | 166,022 | 218,696 | 168,771 | 268,421 | 172,982 | 256,067 | 209,824 | 108,278 | 100,620 | 138,573 | 139,501 | 103,666 |
| net assets | 954,164 | 1,021,428 | 796,824 | 776,008 | 914,249 | 732,654 | 653,357 | 418,803 | 315,110 | 181,413 | 96,409 | 32,525 | 21,370 | 25,011 | 15,582 |
| total shareholders funds | 954,164 | 1,021,428 | 796,824 | 776,008 | 914,249 | 732,654 | 653,357 | 418,803 | 315,110 | 181,413 | 96,409 | 32,525 | 21,370 | 25,011 | 15,582 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 143,105 | 72,262 | 51,812 | 82,206 | |||||||||||
| Depreciation | 677 | 422 | 168 | 134 | 134 | 134 | 1,226 | 1,226 | 1,226 | 1,226 | 4 | 7 | 7 | 7 | 7 |
| Amortisation | 25,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,000 | ||||||||
| Tax | -29,221 | -21,106 | -5,453 | -17,778 | -13,620 | ||||||||||
| Stock | 765 | -270 | 300 | -300 | 200 | -200 | -217 | -542 | 600 | -595 | -620 | -9,347 | 732 | 11,788 | |
| Debtors | -48,250 | -51,326 | 35,824 | 77,286 | -70,894 | -155,543 | 156,411 | -10,486 | -23,649 | 134,893 | -18,589 | -37,377 | 9,390 | 15,623 | 66,934 |
| Creditors | -44,507 | 9,721 | 71,566 | -50,859 | -5,346 | -22,826 | 34,423 | -201,718 | 46,243 | 120,809 | 60,867 | -54,993 | 5,306 | 51,257 | 26,578 |
| Accruals and Deferred Income | -5,164 | 2,590 | -39,601 | -51,815 | 55,271 | -76,824 | 61,016 | 118,633 | -72,472 | 17,040 | -6,234 | 13,168 | 48,498 | ||
| Deferred Taxes & Provisions | -169 | 40,754 | |||||||||||||
| Cash flow from operations | 123,967 | 53,707 | 47,895 | 115,005 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 159,496 | 466,495 | 119,009 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 10,000 | ||||||||||||||
| Group/Directors Accounts | -19,263 | 19,263 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,000 | -10,000 | -13,333 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 19,263 | -1 | 1 | 36,283 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -78,942 | 156,801 | 13,563 | -268,367 | 302,848 | -328,994 | 55,999 | 32,537 | 230,857 | 46,611 | 93,230 | 13,706 | -2,105 | 31,416 | 2,500 |
| overdraft | -28,590 | 28,590 | |||||||||||||
| change in cash | -78,942 | 156,801 | 13,563 | -268,367 | 302,848 | -328,994 | 55,999 | 32,537 | 230,857 | 46,611 | 93,230 | 13,706 | -2,105 | 60,006 | -26,090 |
m c electrical contractors limited Credit Report and Business Information
M C Electrical Contractors Limited Competitor Analysis
Perform a competitor analysis for m c electrical contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CF39 area or any other competitors across 12 key performance metrics.
m c electrical contractors limited Ownership
M C ELECTRICAL CONTRACTORS LIMITED group structure
M C Electrical Contractors Limited has no subsidiary companies.
Ultimate parent company
M C ELECTRICAL CONTRACTORS LIMITED
04962056
m c electrical contractors limited directors
M C Electrical Contractors Limited currently has 1 director, Mr Michael Coombs serving since Nov 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Coombs | Wales | 59 years | Nov 2003 | - | Director |
P&L
November 2023turnover
585.8k
-20%
operating profit
-81.6k
0%
gross margin
26.2%
+4.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
954.2k
-0.07%
total assets
1.1m
-0.1%
cash
301.7k
-0.21%
net assets
Total assets minus all liabilities
m c electrical contractors limited company details
company number
04962056
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
1 bryn rhedyn, tonyrefail, porth, rct, CF39 8EZ
Bank
-
Legal Advisor
-
m c 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 m c electrical contractors limited.
m c 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.
Click to start generating capital raising & share issue transactions for M C ELECTRICAL CONTRACTORS LIMITED. This can take several minutes, an email will notify you when this has completed.
m c electrical contractors limited Companies House Filings - See Documents
| date | description | view/download |
|---|
