united electrical products limited Company Information
Group Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
unit 19, planetary industrial es, planetary road, wolverhampton, west midlands, WV13 3XA
Website
www.unitedelec.co.ukunited electrical products limited Estimated Valuation
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
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
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


2 Strong

3 Regular

7 Weak

Size
annual sales of £1.3m, make it smaller than the average company (£14.4m)
- United Electrical Products Limited
£14.4m - Industry AVG

Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (10.3%)
- United Electrical Products Limited
10.3% - Industry AVG

Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- United Electrical Products Limited
35.9% - Industry AVG

Profitability
an operating margin of 5.2% make it less profitable than the average company (7.5%)
- United Electrical Products Limited
7.5% - Industry AVG

Employees
with 6 employees, this is below the industry average (81)
6 - United Electrical Products Limited
81 - Industry AVG

Pay Structure
on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)
- United Electrical Products Limited
£51.2k - Industry AVG

Efficiency
resulting in sales per employee of £210.1k, this is equally as efficient (£191.5k)
- United Electrical Products Limited
£191.5k - Industry AVG

Debtor Days
it gets paid by customers after 93 days, this is later than average (57 days)
- United Electrical Products Limited
57 days - Industry AVG

Creditor Days
its suppliers are paid after 26 days, this is quicker than average (40 days)
- United Electrical Products Limited
40 days - Industry AVG

Stock Days
it holds stock equivalent to 175 days, this is more than average (122 days)
- United Electrical Products Limited
122 days - Industry AVG

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

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

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 House, Pomanda Estimates
Apr 2024 | 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 | |||||||||||||||
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 | 6 | 6 | 7 | 7 | 6 | 7 | 5 | 5 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | 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 | 143,595 | 42,279 | 67,626 | 85,146 | 87,598 | 40,718 | 16,354 | 20,443 | 29,598 | 35,559 | 39,210 | 38,789 | 9,202 | 11,503 | 14,548 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 143,595 | 42,279 | 67,626 | 85,146 | 87,598 | 40,718 | 16,354 | 20,443 | 29,598 | 35,559 | 39,210 | 38,789 | 9,202 | 11,503 | 14,548 |
Stock & work in progress | 388,386 | 438,154 | 439,338 | 296,779 | 285,318 | 392,365 | 247,437 | 257,277 | 231,855 | 289,553 | 186,208 | 208,922 | 206,282 | 141,906 | 164,646 |
Trade Debtors | 324,507 | 401,772 | 351,341 | 312,423 | 235,940 | 326,276 | 104,282 | 74,265 | 109,160 | 148,530 | 167,308 | 199,533 | 200,603 | 134,377 | 131,247 |
Group Debtors | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | 46,500 | ||||||
Misc Debtors | 17,354 | 15,397 | 16,050 | 8,450 | 10,302 | 8,796 | 11,624 | 15,478 | 4,862 | ||||||
Cash | 343,899 | 174,390 | 202,729 | 325,820 | 227,716 | 10,786 | 266,890 | 149,856 | 95,103 | 47,062 | 147,170 | 11,135 | 3,471 | 67 | |
misc current assets | |||||||||||||||
total current assets | 1,120,646 | 1,076,213 | 1,055,958 | 989,972 | 805,776 | 784,723 | 676,733 | 543,376 | 487,480 | 485,145 | 500,686 | 419,590 | 410,356 | 276,350 | 295,893 |
total assets | 1,264,241 | 1,118,492 | 1,123,584 | 1,075,118 | 893,374 | 825,441 | 693,087 | 563,819 | 517,078 | 520,704 | 539,896 | 458,379 | 419,558 | 287,853 | 310,441 |
Bank overdraft | 18,182 | 18,182 | 18,182 | 18,182 | 33,125 | 32,833 | 35,817 | ||||||||
Bank loan | |||||||||||||||
Trade Creditors | 57,764 | 42,551 | 69,765 | 58,066 | 57,825 | 41,706 | 12,624 | 18,621 | 25,608 | 114,578 | 128,094 | 153,170 | 231,648 | 222,519 | 246,703 |
Group/Directors Accounts | 70,000 | 17,500 | 22,500 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 28,546 | 3,441 | 8,981 | 8,982 | 5,541 | 13,097 | |||||||||
other current liabilities | 93,820 | 84,806 | 88,030 | 101,027 | 92,587 | 74,919 | 68,386 | 35,178 | 51,476 | ||||||
total current liabilities | 198,312 | 148,980 | 184,958 | 186,257 | 155,953 | 219,750 | 131,343 | 89,616 | 112,681 | 114,578 | 128,094 | 153,170 | 231,648 | 222,519 | 246,703 |
loans | 19,697 | 37,879 | 56,061 | 74,242 | 31,704 | 68,633 | |||||||||
hp & lease commitments | 37,954 | 3,728 | 12,249 | 21,230 | 16,162 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 41,017 | 74,578 | 21,138 | ||||||||||||
provisions | 35,899 | 10,570 | 14,105 | 16,178 | 16,644 | 7,737 | 2,445 | 2,445 | 1,570 | 2,348 | 2,622 | 1,730 | 884 | 1,107 | |
total long term liabilities | 93,550 | 52,177 | 82,415 | 111,650 | 32,806 | 7,737 | 34,149 | 71,078 | 1,570 | 43,365 | 77,200 | 22,868 | 884 | 1,107 | |
total liabilities | 291,862 | 201,157 | 267,373 | 297,907 | 188,759 | 227,487 | 165,492 | 160,694 | 114,251 | 157,943 | 205,294 | 176,038 | 232,532 | 223,626 | 246,703 |
net assets | 972,379 | 917,335 | 856,211 | 777,211 | 704,615 | 597,954 | 527,595 | 403,125 | 402,827 | 362,761 | 334,602 | 282,341 | 187,026 | 64,227 | 63,738 |
total shareholders funds | 972,379 | 917,335 | 856,211 | 777,211 | 704,615 | 597,954 | 527,595 | 403,125 | 402,827 | 362,761 | 334,602 | 282,341 | 187,026 | 64,227 | 63,738 |
Apr 2024 | 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 | |||||||||||||||
Depreciation | 19,533 | 11,311 | 19,567 | 20,480 | 14,403 | 3,657 | 4,089 | 4,219 | 7,274 | 8,712 | 8,135 | 2,758 | 2,301 | 3,472 | 1,824 |
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | -49,768 | -1,184 | 142,559 | 11,461 | -107,047 | 144,928 | -9,840 | 25,422 | -57,698 | 103,345 | -22,714 | 2,640 | 64,376 | -22,740 | 164,646 |
Debtors | -75,308 | 49,778 | 46,518 | 74,631 | -88,830 | 219,166 | 26,163 | -24,279 | 11,992 | -18,778 | -32,225 | -1,070 | 66,226 | 3,130 | 131,247 |
Creditors | 15,213 | -27,214 | 11,699 | 241 | 16,119 | 29,082 | -5,997 | -6,987 | -88,970 | -13,516 | -25,076 | -78,478 | 9,129 | -24,184 | 246,703 |
Accruals and Deferred Income | 9,014 | -3,224 | -12,997 | 8,440 | 17,668 | 6,533 | 33,208 | -16,298 | 51,476 | ||||||
Deferred Taxes & Provisions | 25,329 | -3,535 | -2,073 | -466 | 8,907 | 5,292 | 875 | -778 | -274 | 892 | 846 | -223 | 1,107 | ||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -70,000 | 52,500 | 17,500 | -22,500 | 22,500 | ||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -18,182 | -18,182 | -18,181 | 74,242 | -31,704 | -36,929 | 68,633 | ||||||||
Hire Purchase and Lease Commitments | 59,331 | -14,061 | -8,982 | 8,509 | 21,703 | -13,097 | 13,097 | ||||||||
other long term liabilities | -41,017 | -33,561 | 53,440 | 21,138 | |||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 169,509 | -28,339 | -123,091 | 98,104 | 216,930 | -256,104 | 117,034 | 54,753 | 48,041 | -100,108 | 136,035 | 7,664 | 3,404 | 67 | |
overdraft | 18,182 | -33,125 | 292 | -2,984 | 35,817 | ||||||||||
change in cash | 169,509 | -28,339 | -123,091 | 79,922 | 250,055 | -256,396 | 120,018 | 18,936 | 48,041 | -100,108 | 136,035 | 7,664 | 3,404 | 67 |
united electrical products limited Credit Report and Business Information
United Electrical Products Limited Competitor Analysis

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.
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Lynskey | 63 years | Apr 2004 | - | Director | |
Mrs Coral Lynskey | England | 52 years | Oct 2013 | - | Director |
P&L
April 2024turnover
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 2024net 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.
Click to start generating capital raising & share issue transactions for UNITED ELECTRICAL PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.
united electrical products limited Companies House Filings - See Documents
date | description | view/download |
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