commercial power limited
commercial power limited Company Information
Company Number
05232226
Next Accounts
9 days late
Shareholders
ruby energy holdings ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
poolfoot farm butts road, thornton-cleveleys, FY5 4HX
Website
www.commercial-power.co.ukcommercial power limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL POWER LIMITED at £14.8m based on a Turnover of £12.4m and 1.19x industry multiple (adjusted for size and gross margin).
commercial power limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL POWER LIMITED at £0 based on an EBITDA of £-16.8m and a 8.71x industry multiple (adjusted for size and gross margin).
commercial power limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL POWER LIMITED at £0 based on Net Assets of £-11.7m and 2.13x industry multiple (adjusted for liquidity).
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Commercial Power Limited Overview
Commercial Power Limited is a live company located in thornton-cleveleys, FY5 4HX with a Companies House number of 05232226. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2004, it's largest shareholder is ruby energy holdings ltd with a 100% stake. Commercial Power Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.4m with healthy growth in recent years.
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Commercial Power Limited Health Check
Pomanda's financial health check has awarded Commercial Power Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £12.4m, make it larger than the average company (£3.7m)
£12.4m - Commercial Power Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.7%)
12% - Commercial Power Limited
4.7% - Industry AVG
Production
with a gross margin of 89.8%, this company has a lower cost of product (38.1%)
89.8% - Commercial Power Limited
38.1% - Industry AVG
Profitability
an operating margin of -136.8% make it less profitable than the average company (6.3%)
-136.8% - Commercial Power Limited
6.3% - Industry AVG
Employees
with 39 employees, this is above the industry average (23)
39 - Commercial Power Limited
23 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£48.4k)
£40.3k - Commercial Power Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £317.9k, this is more efficient (£153.9k)
£317.9k - Commercial Power Limited
£153.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
1 days - Commercial Power Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (33 days)
30 days - Commercial Power Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Commercial Power Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Commercial Power Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 492.8%, this is a higher level of debt than the average (61.5%)
492.8% - Commercial Power Limited
61.5% - Industry AVG
COMMERCIAL POWER LIMITED financials
Commercial Power Limited's latest turnover from June 2023 is £12.4 million and the company has net assets of -£11.7 million. According to their latest financial statements, Commercial Power Limited has 39 employees and maintains cash reserves of £79.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,399,236 | 7,343,478 | 7,402,638 | 8,898,684 | 10,141,615 | 8,746,735 | 4,468,039 | 8,137,317 | 8,845,775 | 7,799,844 | 6,823,840 | 6,694,029 | 5,585,400 | 6,029,288 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,270,885 | 2,741,118 | 1,884,779 | 3,115,823 | 3,731,101 | 3,600,613 | 2,746,730 | 4,336,965 | 4,483,767 | 3,978,725 | 2,564,840 | 2,886,388 | ||
| Gross Profit | 11,128,351 | 4,602,360 | 5,517,859 | 5,782,861 | 6,410,514 | 5,146,122 | 1,721,309 | 3,800,352 | 4,362,008 | 3,821,119 | 4,259,000 | 3,807,641 | ||
| Admin Expenses | 28,097,152 | 4,335,956 | 5,343,121 | 5,403,771 | 5,765,802 | 3,455,999 | 217,625 | 2,734,791 | 2,137,617 | 2,022,552 | 2,557,636 | 2,443,289 | ||
| Operating Profit | -16,968,801 | 266,404 | 174,738 | 379,090 | 644,712 | 1,690,123 | 1,503,684 | 1,065,561 | 2,224,391 | 1,798,567 | 1,701,364 | 1,364,352 | 1,137,566 | 989,237 |
| Interest Payable | 25,916 | 8,333 | 72,947 | 66,033 | 57,173 | 53,840 | 30,547 | 15,794 | 29,031 | 48,394 | 57,074 | 77,413 | ||
| Interest Receivable | 2,018 | 8,209 | 3,829 | 28 | 1,154 | 1,052 | 1,720 | 2,164 | 2,978 | 1,888 | 1,219 | 12,269 | 24,802 | |
| Pre-Tax Profit | -16,992,699 | 266,280 | 178,567 | 379,090 | 571,793 | 1,625,244 | 47,563 | 1,013,531 | 336,826 | 155,324 | 174,221 | -537,807 | 11,761 | 723,830 |
| Tax | 42,274 | 11,274 | 25,928 | -470 | 5,251 | 5,917 | 4,108 | -6,375 | -790 | 1,099 | 9,684 | 7,100 | -11,060 | -177,943 |
| Profit After Tax | -16,950,425 | 277,554 | 204,495 | 378,620 | 577,044 | 1,631,161 | 51,671 | 1,007,156 | 336,036 | 156,423 | 183,905 | -530,707 | 701 | 545,887 |
| Dividends Paid | 100,900 | 222,000 | 178,532 | 167,422 | ||||||||||
| Retained Profit | -16,950,425 | 277,554 | 204,495 | 378,620 | 577,044 | 1,631,161 | 51,671 | 906,256 | 114,036 | -22,109 | 16,483 | -530,707 | 701 | 545,887 |
| Employee Costs | 1,569,891 | 1,900,596 | 2,365,038 | 2,158,541 | 2,156,172 | 2,199,472 | 2,097,717 | 1,447,158 | 1,217,917 | 1,215,959 | 1,741,435 | 1,838,429 | 1,496,313 | 1,651,809 |
| Number Of Employees | 39 | 58 | 88 | 81 | 74 | 87 | 88 | 68 | 64 | 38 | 71 | 68 | 62 | 54 |
| EBITDA* | -16,799,334 | 302,837 | 222,316 | 426,130 | 693,068 | 1,741,371 | 1,565,855 | 1,121,182 | 2,275,178 | 1,824,570 | 1,756,529 | 1,427,469 | 1,194,626 | 1,019,198 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 124,905 | 135,798 | 67,218 | 97,917 | 146,273 | 183,481 | 225,682 | 241,844 | 32,752 | 40,266 | 103,381 | 144,118 | 103,113 | |
| Intangible Assets | 41,530 | 41,635 | ||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 2,539,985 | 2,538,399 | 3,000,000 | 3,219,985 | ||||||||||
| Total Fixed Assets | 166,435 | 177,433 | 67,218 | 97,917 | 146,273 | 183,481 | 225,682 | 241,844 | 2,572,737 | 2,578,665 | 3,103,381 | 3,364,103 | 103,113 | |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 41,068 | 47,150 | 27,039 | 47,272 | 121,493 | 91,380 | 756,765 | 321,993 | 664,054 | 394,894 | 720,291 | 526,565 | 640,959 | 576,332 |
| Group Debtors | 1,201,166 | 14,442,693 | 11,854,629 | 13,788,054 | 12,703,662 | 9,981,103 | 6,236,171 | 4,796,925 | 3,225,614 | 3,614 | 1,814 | 14 | ||
| Misc Debtors | 1,650,245 | 2,823,783 | 3,659,661 | 1,247,729 | 1,204,101 | 2,562,751 | 132,982 | 23,674 | 28,963 | 19,262 | 12,830 | 43,881 | 22,500 | 2,960,783 |
| Cash | 79,099 | 176,823 | 95,779 | 149,130 | 1,986 | 44 | 400 | 108,985 | 45,749 | 255,679 | 175,681 | 11,610 | 189,838 | 590,035 |
| misc current assets | ||||||||||||||
| total current assets | 2,971,578 | 17,490,449 | 15,637,108 | 15,232,185 | 14,031,242 | 12,635,278 | 7,126,318 | 5,251,577 | 3,964,380 | 673,449 | 910,616 | 582,070 | 853,297 | 4,127,150 |
| total assets | 2,971,578 | 17,656,884 | 15,814,541 | 15,299,403 | 14,129,159 | 12,781,551 | 7,309,799 | 5,477,259 | 4,206,224 | 3,246,186 | 3,489,281 | 3,685,451 | 4,217,400 | 4,230,263 |
| Bank overdraft | 2,181,818 | 3,874,809 | 3,092,945 | |||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 106,384 | 310,876 | 271,981 | 278,932 | 308,528 | 240,752 | 257,164 | 179,583 | 81,976 | 20,840 | 55,099 | 92,169 | 126,619 | 27,243 |
| Group/Directors Accounts | 89,858 | 630,611 | 573,474 | 441,927 | 208,928 | 318,905 | 452,578 | 442,418 | 508,818 | |||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 14,536,211 | 12,066,600 | 10,450,848 | 10,837,609 | 7,834,571 | 5,438,792 | 1,733,042 | 3,175,727 | 3,044,211 | 2,492,344 | 2,569,094 | 2,601,965 | 2,571,817 | 2,629,149 |
| total current liabilities | 14,642,595 | 12,377,476 | 10,812,687 | 11,116,541 | 10,324,917 | 9,554,353 | 5,713,762 | 3,928,784 | 3,568,114 | 2,722,112 | 2,943,098 | 3,146,712 | 3,140,854 | 3,165,210 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 4,109 | 9,039 | 16,139 | 5,347 | ||||||||||
| total long term liabilities | 4,109 | 9,039 | 16,139 | 5,347 | ||||||||||
| total liabilities | 14,642,595 | 12,377,476 | 10,812,687 | 11,116,541 | 10,324,917 | 9,554,353 | 5,713,762 | 3,932,893 | 3,568,114 | 2,722,112 | 2,943,098 | 3,155,751 | 3,156,993 | 3,170,557 |
| net assets | -11,671,017 | 5,279,408 | 5,001,854 | 4,182,862 | 3,804,242 | 3,227,198 | 1,596,037 | 1,544,366 | 638,110 | 524,074 | 546,183 | 529,700 | 1,060,407 | 1,059,706 |
| total shareholders funds | -11,671,017 | 5,279,408 | 5,001,854 | 4,182,862 | 3,804,242 | 3,227,198 | 1,596,037 | 1,544,366 | 638,110 | 524,074 | 546,183 | 529,700 | 1,060,407 | 1,059,706 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -16,968,801 | 266,404 | 174,738 | 379,090 | 644,712 | 1,690,123 | 1,503,684 | 1,065,561 | 2,224,391 | 1,798,567 | 1,701,364 | 1,364,352 | 1,137,566 | 989,237 |
| Depreciation | 127,937 | 28,828 | 44,763 | 47,040 | 48,356 | 51,248 | 62,171 | 55,621 | 50,787 | 26,003 | 55,165 | 63,117 | 57,060 | 29,961 |
| Amortisation | 41,530 | 7,605 | 2,815 | |||||||||||
| Tax | 42,274 | 11,274 | 25,928 | -470 | 5,251 | 5,917 | 4,108 | -6,375 | -790 | 1,099 | 9,684 | 7,100 | -11,060 | -177,943 |
| Stock | ||||||||||||||
| Debtors | -14,421,147 | 1,772,297 | 458,274 | 1,053,799 | 1,394,022 | 5,509,316 | 1,983,326 | 1,223,961 | 960,876 | -315,579 | -297,126 | -312,984 | 346,329 | 3,537,115 |
| Creditors | -204,492 | 38,895 | -6,951 | -29,596 | 67,776 | -16,412 | 77,581 | 97,607 | 61,136 | -34,259 | -37,070 | -34,450 | 99,376 | 27,243 |
| Accruals and Deferred Income | 2,469,611 | 1,615,752 | -386,761 | 3,003,038 | 2,395,779 | 3,705,750 | -1,442,685 | 131,516 | 551,867 | -76,750 | -32,871 | 30,148 | -57,332 | 2,629,149 |
| Deferred Taxes & Provisions | -4,109 | 4,109 | -9,039 | -7,100 | 10,792 | 5,347 | ||||||||
| Cash flow from operations | -70,794 | 196,461 | -603,742 | 2,345,303 | 1,767,852 | -72,690 | -1,782,576 | 124,078 | 1,926,515 | 2,030,239 | 1,984,359 | 1,736,151 | 890,073 | -34,121 |
| Investing Activities | ||||||||||||||
| capital expenditure | -259,879 | -18,489 | 10,000 | -22,380 | -98,065 | 869,274 | ||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | -259,879 | -18,489 | 10,000 | -22,380 | -98,065 | 869,274 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -89,858 | 89,858 | -630,611 | 57,137 | 131,547 | 232,999 | -109,977 | -133,673 | 10,160 | -66,400 | 508,818 | |||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -23,898 | -124 | 3,829 | -72,919 | -64,879 | -56,121 | -52,120 | -28,383 | -12,816 | -27,143 | -47,175 | -44,805 | -52,611 | |
| cash flow from financing | -23,898 | -89,982 | 708,184 | -72,919 | -695,490 | 1,016 | 79,427 | 204,616 | -122,793 | -160,816 | -37,015 | -111,205 | 970,026 | |
| cash and cash equivalents | ||||||||||||||
| cash | -97,724 | 81,044 | -53,351 | 147,144 | 1,942 | -356 | -108,585 | 63,236 | -209,930 | 79,998 | 164,071 | -178,228 | -400,197 | 590,035 |
| overdraft | -2,181,818 | -1,692,991 | 781,864 | 3,092,945 | ||||||||||
| change in cash | -97,724 | 81,044 | -53,351 | 2,328,962 | 1,694,933 | -782,220 | -3,201,530 | 63,236 | -209,930 | 79,998 | 164,071 | -178,228 | -400,197 | 590,035 |
commercial power limited Credit Report and Business Information
Commercial Power Limited Competitor Analysis
Perform a competitor analysis for commercial power limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in FY5 area or any other competitors across 12 key performance metrics.
commercial power limited Ownership
COMMERCIAL POWER LIMITED group structure
Commercial Power Limited has no subsidiary companies.
Ultimate parent company
2 parents
COMMERCIAL POWER LIMITED
05232226
commercial power limited directors
Commercial Power Limited currently has 3 directors. The longest serving directors include Mr Rowan Davidson (Mar 2023) and Mr Jamie Pilley (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rowan Davidson | United Kingdom | 23 years | Mar 2023 | - | Director |
| Mr Jamie Pilley | United Kingdom | 28 years | Mar 2023 | - | Director |
| Miss Melissa Pilley | England | 20 years | Mar 2023 | - | Director |
P&L
June 2023turnover
12.4m
+69%
operating profit
-17m
-6470%
gross margin
89.8%
+43.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-11.7m
-3.21%
total assets
3m
-0.83%
cash
79.1k
-0.55%
net assets
Total assets minus all liabilities
commercial power limited company details
company number
05232226
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
SUMER AUDITCO LIMITED
address
poolfoot farm butts road, thornton-cleveleys, FY5 4HX
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
WEIGHTMANS LLP
commercial power 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 10 charges/mortgages relating to commercial power limited. Currently there are 0 open charges and 10 have been satisfied in the past.
commercial power 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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commercial power limited Companies House Filings - See Documents
| date | description | view/download |
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