united electrical products limited

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united electrical products limited Company Information

Share UNITED ELECTRICAL PRODUCTS LIMITED

Company Number

05098171

Shareholders

uep ltd

Group Structure

View All

Industry

Manufacture of other electrical equipment

 

Registered Address

unit 19, planetary industrial es, planetary road, wolverhampton, west midlands, WV13 3XA

united electrical products limited Estimated Valuation

£745.7k

Pomanda estimates the enterprise value of UNITED ELECTRICAL PRODUCTS LIMITED at £745.7k based on a Turnover of £1.3m and 0.59x industry multiple (adjusted for size and gross margin).

united electrical products limited Estimated Valuation

£355k

Pomanda estimates the enterprise value of UNITED ELECTRICAL PRODUCTS LIMITED at £355k based on an EBITDA of £84.6k and a 4.2x industry multiple (adjusted for size and gross margin).

united electrical products limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of UNITED ELECTRICAL PRODUCTS LIMITED at £2m based on Net Assets of £972.4k and 2.01x industry multiple (adjusted for liquidity).

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United Electrical Products Limited Overview

United Electrical Products Limited is a live company located in wolverhampton, WV13 3XA with a Companies House number of 05098171. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in April 2004, it's largest shareholder is uep ltd with a 100% stake. United Electrical Products Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.

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United Electrical Products Limited Health Check

Pomanda's financial health check has awarded United Electrical Products Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£14.4m)

£1.3m - United Electrical Products Limited

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (10.3%)

2% - United Electrical Products Limited

10.3% - Industry AVG

production

Production

with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)

35.9% - United Electrical Products Limited

35.9% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it less profitable than the average company (7.5%)

5.2% - United Electrical Products Limited

7.5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (81)

6 - United Electrical Products Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)

£51.2k - United Electrical Products Limited

£51.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £210.1k, this is equally as efficient (£191.5k)

£210.1k - United Electrical Products Limited

£191.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (57 days)

93 days - United Electrical Products Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (40 days)

26 days - United Electrical Products Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 175 days, this is more than average (122 days)

175 days - United Electrical Products Limited

122 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (14 weeks)

90 weeks - United Electrical Products Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (40.1%)

23.1% - United Electrical Products Limited

40.1% - Industry AVG

UNITED ELECTRICAL PRODUCTS LIMITED financials

EXPORTms excel logo

United Electrical Products Limited's latest turnover from April 2024 is estimated at £1.3 million and the company has net assets of £972.4 thousand. According to their latest financial statements, United Electrical Products Limited has 6 employees and maintains cash reserves of £343.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover1,260,4001,281,2301,331,5161,194,805993,0561,261,217562,247501,635538,425800,719830,575960,3031,072,279778,845843,302
Other Income Or Grants
Cost Of Sales807,631841,090869,798803,479662,075852,463372,625325,218346,096522,954564,890646,998708,092503,832540,788
Gross Profit452,769440,140461,718391,326330,981408,754189,622176,417192,329277,765265,685313,305364,186275,013302,514
Admin Expenses387,698359,977360,544299,159198,410319,63631,505173,091142,602243,052199,928189,556202,617274,352214,128
Operating Profit65,07180,163101,17492,167132,57189,118158,1173,32649,72734,71365,757123,749161,56966188,386
Interest Payable5,2846,6785,6252,8191,0103,2965,4923,264
Interest Receivable13,6058,0141,9822771191,0411,042306355486396379
Pre-Tax Profit73,39281,49997,53189,625131,68086,863153,66736850,08335,19966,153123,786161,57866188,386
Tax-18,348-20,375-18,531-17,029-25,019-16,504-29,197-70-10,016-7,040-13,892-28,471-38,779-172-24,748
Profit After Tax55,04461,12479,00072,596106,66170,359124,47029840,06628,15952,26195,315122,79948963,638
Dividends Paid
Retained Profit55,04461,12479,00072,596106,66170,359124,47029840,06628,15952,26195,315122,79948963,638
Employee Costs307,123290,943322,000303,137253,315298,509209,942201,077190,579223,750215,876248,622278,832202,529236,878
Number Of Employees667767555667867
EBITDA*84,60491,474120,741112,647146,97492,775162,2067,54557,00143,42573,892126,507163,8704,13390,210

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets143,59542,27967,62685,14687,59840,71816,35420,44329,59835,55939,21038,7899,20211,50314,548
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets143,59542,27967,62685,14687,59840,71816,35420,44329,59835,55939,21038,7899,20211,50314,548
Stock & work in progress388,386438,154439,338296,779285,318392,365247,437257,277231,855289,553186,208208,922206,282141,906164,646
Trade Debtors324,507401,772351,341312,423235,940326,276104,28274,265109,160148,530167,308199,533200,603134,377131,247
Group Debtors46,50046,50046,50046,50046,50046,50046,50046,50046,500
Misc Debtors17,35415,39716,0508,45010,3028,79611,62415,4784,862
Cash343,899174,390202,729325,820227,71610,786266,890149,85695,10347,062147,17011,1353,47167
misc current assets
total current assets1,120,6461,076,2131,055,958989,972805,776784,723676,733543,376487,480485,145500,686419,590410,356276,350295,893
total assets1,264,2411,118,4921,123,5841,075,118893,374825,441693,087563,819517,078520,704539,896458,379419,558287,853310,441
Bank overdraft18,18218,18218,18218,18233,12532,83335,817
Bank loan
Trade Creditors 57,76442,55169,76558,06657,82541,70612,62418,62125,608114,578128,094153,170231,648222,519246,703
Group/Directors Accounts70,00017,50022,500
other short term finances
hp & lease commitments28,5463,4418,9818,9825,54113,097
other current liabilities93,82084,80688,030101,02792,58774,91968,38635,17851,476
total current liabilities198,312148,980184,958186,257155,953219,750131,34389,616112,681114,578128,094153,170231,648222,519246,703
loans19,69737,87956,06174,24231,70468,633
hp & lease commitments37,9543,72812,24921,23016,162
Accruals and Deferred Income
other liabilities41,01774,57821,138
provisions35,89910,57014,10516,17816,6447,7372,4452,4451,5702,3482,6221,7308841,107
total long term liabilities93,55052,17782,415111,65032,8067,73734,14971,0781,57043,36577,20022,8688841,107
total liabilities291,862201,157267,373297,907188,759227,487165,492160,694114,251157,943205,294176,038232,532223,626246,703
net assets972,379917,335856,211777,211704,615597,954527,595403,125402,827362,761334,602282,341187,02664,22763,738
total shareholders funds972,379917,335856,211777,211704,615597,954527,595403,125402,827362,761334,602282,341187,02664,22763,738
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit65,07180,163101,17492,167132,57189,118158,1173,32649,72734,71365,757123,749161,56966188,386
Depreciation19,53311,31119,56720,48014,4033,6574,0894,2197,2748,7128,1352,7582,3013,4721,824
Amortisation
Tax-18,348-20,375-18,531-17,029-25,019-16,504-29,197-70-10,016-7,040-13,892-28,471-38,779-172-24,748
Stock-49,768-1,184142,55911,461-107,047144,928-9,84025,422-57,698103,345-22,7142,64064,376-22,740164,646
Debtors-75,30849,77846,51874,631-88,830219,16626,163-24,27911,992-18,778-32,225-1,07066,2263,130131,247
Creditors15,213-27,21411,69924116,11929,082-5,997-6,987-88,970-13,516-25,076-78,4789,129-24,184246,703
Accruals and Deferred Income9,014-3,224-12,9978,44017,6686,53333,208-16,29851,476
Deferred Taxes & Provisions25,329-3,535-2,073-4668,9075,292875-778-274892846-2231,107
Cash flow from operations240,888-11,468-90,23817,741360,526-246,916143,897-16,07854,419-61,97290,75518,8343,39549416,272
Investing Activities
capital expenditure-120,84914,036-2,047-18,028-61,283-28,0214,936-1,313-5,061-8,556-32,345-427-16,372
Change in Investments
cash flow from investments-120,84914,036-2,047-18,028-61,283-28,0214,936-1,313-5,061-8,556-32,345-427-16,372
Financing Activities
Bank loans
Group/Directors Accounts-70,00052,50017,500-22,50022,500
Other Short Term Loans
Long term loans-18,182-18,182-18,18174,242-31,704-36,92968,633
Hire Purchase and Lease Commitments59,331-14,061-8,9828,50921,703-13,09713,097
other long term liabilities-41,017-33,56153,44021,138
share issue100
interest8,3211,336-3,643-2,542-891-2,255-4,450-2,958355486396379
cash flow from financing49,470-30,907-30,80680,209-49,18818,541-23,87930,078-5,065-33,07553,83621,1759100
cash and cash equivalents
cash169,509-28,339-123,09198,104216,930-256,104117,03454,75348,041-100,108136,0357,6643,40467
overdraft18,182-33,125292-2,98435,817
change in cash169,509-28,339-123,09179,922250,055-256,396120,01818,93648,041-100,108136,0357,6643,40467

united electrical products 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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United Electrical Products Limited Competitor Analysis

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Perform a competitor analysis for united electrical products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WV13 area or any other competitors across 12 key performance metrics.

united electrical products limited Ownership

UNITED ELECTRICAL PRODUCTS LIMITED group structure

United Electrical Products Limited has no subsidiary companies.

Ultimate parent company

1 parent

UNITED ELECTRICAL PRODUCTS LIMITED

05098171

UNITED ELECTRICAL PRODUCTS LIMITED Shareholders

uep ltd 100%

united electrical products limited directors

United Electrical Products Limited currently has 2 directors. The longest serving directors include Mr James Lynskey (Apr 2004) and Mrs Coral Lynskey (Oct 2013).

officercountryagestartendrole
Mr James Lynskey63 years Apr 2004- Director
Mrs Coral LynskeyEngland52 years Oct 2013- Director

P&L

April 2024

turnover

1.3m

-2%

operating profit

65.1k

0%

gross margin

36%

+4.57%

turnover

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

Balance Sheet

April 2024

net assets

972.4k

+0.06%

total assets

1.3m

+0.13%

cash

343.9k

+0.97%

net assets

Total assets minus all liabilities

united electrical products limited company details

company number

05098171

Type

Private limited with Share Capital

industry

27900 - Manufacture of other electrical equipment

incorporation date

April 2004

age

21

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

MICHAEL DUFTY PARTNERSHIP LIMITED

auditor

-

address

unit 19, planetary industrial es, planetary road, wolverhampton, west midlands, WV13 3XA

Bank

-

Legal Advisor

-

united electrical products 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 2 charges/mortgages relating to united electrical products limited. Currently there are 1 open charges and 1 have been satisfied in the past.

united electrical products 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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united electrical products limited Companies House Filings - See Documents

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