l.r. heating & electrical services ltd
l.r. heating & electrical services ltd Company Information
Group Structure
View All
Industry
Electrical installation
+1Registered Address
42 bucknalls lane, garston, watford, hertfordshire, WD25 9JQ
l.r. heating & electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of L.R. HEATING & ELECTRICAL SERVICES LTD at £47.8k based on a Turnover of £132.1k and 0.36x industry multiple (adjusted for size and gross margin).
l.r. heating & electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of L.R. HEATING & ELECTRICAL SERVICES LTD at £0 based on an EBITDA of £-1.9k and a 3.4x industry multiple (adjusted for size and gross margin).
l.r. heating & electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of L.R. HEATING & ELECTRICAL SERVICES LTD at £87k based on Net Assets of £33k and 2.64x industry multiple (adjusted for liquidity).
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L.r. Heating & Electrical Services Ltd Overview
L.r. Heating & Electrical Services Ltd is a live company located in watford, WD25 9JQ with a Companies House number of 05118954. It operates in the electrical installation sector, SIC Code 43210. Founded in May 2004, it's largest shareholder is gareth john weavers with a 100% stake. L.r. Heating & Electrical Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £132.1k with low growth in recent years.
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L.r. Heating & Electrical Services Ltd Health Check
Pomanda's financial health check has awarded L.R. Heating & Electrical Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £132.1k, make it smaller than the average company (£1.4m)
- L.r. Heating & Electrical Services Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (11.6%)
- L.r. Heating & Electrical Services Ltd
11.6% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (27.5%)
- L.r. Heating & Electrical Services Ltd
27.5% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (6.2%)
- L.r. Heating & Electrical Services Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - L.r. Heating & Electrical Services Ltd
12 - Industry AVG
Pay Structure
on an average salary of £39k, the company has an equivalent pay structure (£39k)
- L.r. Heating & Electrical Services Ltd
£39k - Industry AVG
Efficiency
resulting in sales per employee of £132.1k, this is equally as efficient (£133.1k)
- L.r. Heating & Electrical Services Ltd
£133.1k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (54 days)
- L.r. Heating & Electrical Services Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (44 days)
- L.r. Heating & Electrical Services Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L.r. Heating & Electrical Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - L.r. Heating & Electrical Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.3%, this is a lower level of debt than the average (62%)
32.3% - L.r. Heating & Electrical Services Ltd
62% - Industry AVG
L.R. HEATING & ELECTRICAL SERVICES LTD financials
L.R. Heating & Electrical Services Ltd's latest turnover from March 2024 is estimated at £132.1 thousand and the company has net assets of £33 thousand. According to their latest financial statements, L.R. Heating & Electrical Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 92,608 | 91,591 | 98,166 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 31,372 | 28,656 | 21,191 | ||||||||||||
| Interest Payable | 1,210 | 703 | 651 | ||||||||||||
| Interest Receivable | 338 | 383 | 185 | ||||||||||||
| Pre-Tax Profit | 30,500 | 28,336 | 20,725 | ||||||||||||
| Tax | -243 | -5,652 | -3,951 | ||||||||||||
| Profit After Tax | 30,257 | 22,684 | 16,774 | ||||||||||||
| Dividends Paid | 27,000 | 22,000 | 15,000 | ||||||||||||
| Retained Profit | 3,257 | 684 | 1,774 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* | 32,183 | 31,786 | 25,104 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,511 | 6,967 | 8,709 | 10,886 | 13,799 | 17,249 | 21,561 | 27,251 | 12,526 | 15,656 | |||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,511 | 6,967 | 8,709 | 10,886 | 13,799 | 17,249 | 21,561 | 27,251 | 12,526 | 15,656 | |||||
| Stock & work in progress | 2,400 | 2,400 | 400 | 400 | 400 | 400 | |||||||||
| Trade Debtors | 48,695 | 51,384 | 35,839 | 56,989 | 43,721 | 19,752 | 13,385 | 8,208 | 12,211 | 16,833 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 7,414 | 11,347 | 7,996 | ||||||||||||
| Cash | 5,419 | 7,504 | 2,216 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 48,695 | 51,384 | 35,839 | 56,989 | 43,721 | 19,752 | 13,385 | 8,208 | 5,419 | 9,904 | 14,611 | 17,233 | 7,814 | 11,747 | 10,612 |
| total assets | 48,695 | 51,384 | 35,839 | 56,989 | 43,721 | 25,263 | 20,352 | 16,917 | 16,305 | 23,703 | 31,860 | 38,794 | 35,065 | 24,273 | 26,268 |
| Bank overdraft | 3,722 | 3,710 | |||||||||||||
| Bank loan | 1,110 | 3,748 | 3,748 | ||||||||||||
| Trade Creditors | 15,716 | 16,476 | 8,877 | 16,262 | 14,774 | 11,917 | 19,832 | 16,204 | 12,989 | 17,169 | 19,640 | 22,123 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 4,690 | 4,129 | 4,129 | ||||||||||||
| other current liabilities | 1,063 | 7,652 | 5,908 | ||||||||||||
| total current liabilities | 15,716 | 16,476 | 8,877 | 16,262 | 14,774 | 11,917 | 19,832 | 16,204 | 12,989 | 17,169 | 19,640 | 22,123 | 10,585 | 19,239 | 13,785 |
| loans | 1,050 | 4,308 | |||||||||||||
| hp & lease commitments | 18,763 | 1,524 | 6,399 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,033 | 6,283 | 10,533 | 15,955 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,033 | 6,283 | 10,533 | 15,955 | 18,763 | 2,574 | 10,707 | ||||||||
| total liabilities | 15,716 | 16,476 | 8,877 | 16,262 | 14,774 | 11,917 | 19,832 | 16,204 | 15,022 | 23,452 | 30,173 | 38,078 | 29,348 | 21,813 | 24,492 |
| net assets | 32,979 | 34,908 | 26,962 | 40,727 | 28,947 | 13,346 | 520 | 713 | 1,283 | 251 | 1,687 | 716 | 5,717 | 2,460 | 1,776 |
| total shareholders funds | 32,979 | 34,908 | 26,962 | 40,727 | 28,947 | 13,346 | 520 | 713 | 1,283 | 251 | 1,687 | 716 | 5,717 | 2,460 | 1,776 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 31,372 | 28,656 | 21,191 | ||||||||||||
| Depreciation | 2,913 | 3,450 | 4,312 | 5,690 | 811 | 3,130 | 3,913 | ||||||||
| Amortisation | |||||||||||||||
| Tax | -243 | -5,652 | -3,951 | ||||||||||||
| Stock | -2,400 | 2,000 | 400 | ||||||||||||
| Debtors | -2,689 | 15,545 | -21,150 | 13,268 | 23,969 | 6,367 | 5,177 | 8,208 | -12,211 | -4,622 | 9,419 | -3,933 | 3,351 | 7,996 | |
| Creditors | -760 | 7,599 | -7,385 | 1,488 | 2,857 | -7,915 | 3,628 | 3,215 | -4,180 | -2,471 | -2,483 | 22,123 | |||
| Accruals and Deferred Income | -1,063 | -6,589 | 1,744 | 5,908 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 29,284 | 24,527 | 18,665 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -1,110 | -2,638 | 3,748 | ||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,050 | -3,258 | 4,308 | ||||||||||||
| Hire Purchase and Lease Commitments | -23,453 | 17,800 | -4,875 | 10,528 | |||||||||||
| other long term liabilities | -2,033 | -4,250 | -4,250 | -5,422 | 15,955 | ||||||||||
| share issue | |||||||||||||||
| interest | -872 | -320 | -466 | ||||||||||||
| cash flow from financing | 13,240 | -8,453 | 18,120 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,419 | -2,085 | 7,504 | -2,216 | 2,216 | ||||||||||
| overdraft | -3,722 | 12 | 3,710 | ||||||||||||
| change in cash | -5,419 | -2,085 | 7,504 | 3,722 | -12 | -5,926 | 2,216 |
l.r. heating & electrical services ltd Credit Report and Business Information
L.r. Heating & Electrical Services Ltd Competitor Analysis
Perform a competitor analysis for l.r. heating & electrical services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WD25 area or any other competitors across 12 key performance metrics.
l.r. heating & electrical services ltd Ownership
L.R. HEATING & ELECTRICAL SERVICES LTD group structure
L.R. Heating & Electrical Services Ltd has no subsidiary companies.
Ultimate parent company
L.R. HEATING & ELECTRICAL SERVICES LTD
05118954
l.r. heating & electrical services ltd directors
L.R. Heating & Electrical Services Ltd currently has 1 director, Mr Gareth Weavers serving since May 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Weavers | 57 years | May 2004 | - | Director |
P&L
March 2024turnover
132.1k
+1%
operating profit
-1.9k
0%
gross margin
17.6%
+1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
33k
-0.06%
total assets
48.7k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
l.r. heating & electrical services ltd company details
company number
05118954
Type
Private limited with Share Capital
industry
43210 - Electrical installation
43220 - Plumbing, heat and air-conditioning installation
incorporation date
May 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
42 bucknalls lane, garston, watford, hertfordshire, WD25 9JQ
Bank
-
Legal Advisor
-
l.r. heating & electrical services ltd 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 l.r. heating & electrical services ltd.
l.r. heating & electrical services ltd 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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l.r. heating & electrical services ltd Companies House Filings - See Documents
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