Pomanda estimates the enterprise value of GORING ELECTRICAL SERVICES LIMITED at £3m based on a Turnover of £5.4m and 0.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GORING ELECTRICAL SERVICES LIMITED at £1.9m based on an EBITDA of £401.3k and a 4.68x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of GORING ELECTRICAL SERVICES LIMITED at £2.2m based on Net Assets of £913.5k and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Goring Electrical Services LimitedOverview
Goring Electrical Services Limited is a live company located in brighton, BN1 5NP with a Companies House number of 05292768. It operates in the repair of electrical equipment sector, SIC Code 33140. Founded in November 2004, it's largest shareholder is
dawn nina hilton
with a 49.5% stake. Goring Electrical Services Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Goring Electrical Services Limited a 4.5 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
Health Rating4.5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £5.4m, make it larger than the average company (£1.8m)
£5.4m - Goring Electrical Services Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8.1%)
26% - Goring Electrical Services Limited
8.1% - Industry AVG
Production
with a gross margin of 33%, this company has a comparable cost of product (33%)
33% - Goring Electrical Services Limited
33% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (8.3%)
6.8% - Goring Electrical Services Limited
8.3% - Industry AVG
Employees
with 30 employees, this is above the industry average (12)
30 - Goring Electrical Services Limited
12 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
£44.3k - Goring Electrical Services Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £178.5k, this is more efficient (£144.8k)
£178.5k - Goring Electrical Services Limited
£144.8k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (53 days)
66 days - Goring Electrical Services Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (39 days)
102 days - Goring Electrical Services Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (19 days)
2 days - Goring Electrical Services Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is less cash available to meet short term requirements (26 weeks)
19 weeks - Goring Electrical Services Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.2%, this is a higher level of debt than the average (57%)
63.2% - Goring Electrical Services Limited
57% - Industry AVG
GORING ELECTRICAL SERVICES LIMITED financials
EXPORT
Goring Electrical Services Limited's latest turnover from November 2023 is estimated at £5.4 million and the company has net assets of £913.5 thousand. According to their latest financial statements, Goring Electrical Services Limited has 30 employees and maintains cash reserves of £560.7 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
5,354,136
4,212,323
3,226,996
2,667,435
2,906,971
2,949,456
2,199,450
3,065,089
2,734,611
2,173,115
2,643,829
804,039
820,375
421,990
Other Income Or Grants
Cost Of Sales
3,588,057
2,770,669
2,169,706
1,838,051
1,928,721
1,938,996
1,443,155
2,207,765
1,960,335
1,415,761
1,670,997
502,051
500,818
249,639
Gross Profit
1,766,079
1,441,654
1,057,290
829,383
978,250
1,010,460
756,294
857,324
774,276
757,354
972,832
301,989
319,557
172,351
Admin Expenses
1,399,867
1,202,503
1,146,179
975,617
824,797
885,164
375,007
511,522
469,885
669,169
981,713
268,351
334,822
115,387
-19,869
Operating Profit
366,212
239,151
-88,889
-146,234
153,453
125,296
381,287
345,802
304,391
88,185
-8,881
33,638
-15,265
56,964
19,869
Interest Payable
11,016
19,875
15,123
7,625
2,233
Interest Receivable
27,277
12,419
565
821
6,329
5,788
2,109
894
953
608
428
443
132
Pre-Tax Profit
382,473
231,695
-103,447
-153,038
159,781
131,084
383,396
343,569
304,391
89,078
-7,928
34,246
-14,837
57,407
20,001
Tax
-95,618
-44,022
-30,358
-24,906
-72,845
-72,086
-63,000
-18,706
-8,219
-16,074
-5,600
Profit After Tax
286,855
187,673
-103,447
-153,038
129,423
106,178
310,551
271,483
241,391
70,372
-7,928
26,027
-14,837
41,333
14,401
Dividends Paid
253,000
240,000
Retained Profit
286,855
187,673
-103,447
-153,038
129,423
106,178
310,551
18,483
1,391
70,372
-7,928
26,027
-14,837
41,333
14,401
Employee Costs
1,329,522
1,275,960
1,400,839
1,159,377
1,211,167
1,167,959
732,799
891,666
787,302
667,662
675,176
257,689
292,739
150,377
Number Of Employees
30
30
32
28
28
27
20
23
21
17
18
7
8
4
EBITDA*
401,306
270,200
-54,085
-101,899
210,463
186,611
418,299
371,777
336,491
104,400
8,714
38,048
-6,234
62,804
25,044
* 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
143,533
110,951
138,849
157,122
200,555
218,899
120,840
94,023
96,341
60,516
64,596
34,063
38,473
23,505
15,551
Intangible Assets
Investments & Other
250,000
81,571
104,143
201,161
Debtors (Due After 1 year)
Total Fixed Assets
393,533
110,951
138,849
157,122
282,126
323,042
322,001
94,023
96,341
60,516
64,596
34,063
38,473
23,505
15,551
Stock & work in progress
24,208
24,185
24,001
24,001
24,000
20,355
20,356
38,750
29,761
14,750
14,750
4,751
11,407
10,024
Trade Debtors
972,271
804,129
585,747
405,547
419,886
397,381
302,942
473,135
423,520
366,938
433,139
97,019
138,545
47,734
38,057
Group Debtors
Misc Debtors
534,895
621,154
621,774
279,668
152,800
224,357
119,784
85,716
72,001
Cash
560,660
478,468
349,476
779,992
862,469
825,136
718,366
125,323
115,476
172,452
184,962
196,412
46,722
124,304
52,775
misc current assets
total current assets
2,092,034
1,927,936
1,580,998
1,489,208
1,459,155
1,467,229
1,161,448
722,924
640,758
554,140
632,851
298,182
196,674
182,062
90,832
total assets
2,485,567
2,038,887
1,719,847
1,646,330
1,741,281
1,790,271
1,483,449
816,947
737,099
614,656
697,447
332,245
235,147
205,567
106,383
Bank overdraft
50,000
50,000
Bank loan
44,733
Trade Creditors
1,008,379
779,999
676,556
510,119
623,802
833,614
672,590
468,804
395,834
485,187
638,350
265,220
194,150
149,831
91,980
Group/Directors Accounts
other short term finances
hp & lease commitments
9,508
6,090
22,404
54,352
92,285
99,067
88,965
49,937
other current liabilities
510,653
430,281
336,043
289,401
329,698
291,517
262,000
148,863
165,672
total current liabilities
1,528,540
1,266,370
1,085,003
853,872
1,045,785
1,224,198
1,023,555
667,604
606,239
485,187
638,350
265,220
194,150
149,831
91,980
loans
145,833
195,833
250,000
hp & lease commitments
43,488
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
43,488
145,833
195,833
250,000
total liabilities
1,572,028
1,412,203
1,280,836
1,103,872
1,045,785
1,224,198
1,023,555
667,604
606,239
485,187
638,350
265,220
194,150
149,831
91,980
net assets
913,539
626,684
439,011
542,458
695,496
566,073
459,894
149,343
130,860
129,469
59,097
67,025
40,997
55,736
14,403
total shareholders funds
913,539
626,684
439,011
542,458
695,496
566,073
459,894
149,343
130,860
129,469
59,097
67,025
40,997
55,736
14,403
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
366,212
239,151
-88,889
-146,234
153,453
125,296
381,287
345,802
304,391
88,185
-8,881
33,638
-15,265
56,964
19,869
Depreciation
35,094
31,049
34,804
44,335
57,010
61,315
37,012
25,975
32,100
16,215
17,595
4,410
9,031
5,840
5,175
Amortisation
Tax
-95,618
-44,022
-30,358
-24,906
-72,845
-72,086
-63,000
-18,706
-8,219
-16,074
-5,600
Stock
23
184
1
3,645
-1
-18,394
8,989
15,011
9,999
-6,656
1,383
10,024
Debtors
81,883
217,762
522,306
112,529
-49,052
199,012
-136,125
63,330
128,583
-66,201
336,120
-41,526
90,811
9,677
38,057
Creditors
228,380
103,443
166,437
-113,683
-209,812
161,024
203,786
72,970
-89,353
-153,163
373,130
71,070
44,319
57,851
91,980
Accruals and Deferred Income
80,372
94,238
46,642
-40,297
38,181
29,517
113,137
-16,809
165,672
Deferred Taxes & Provisions
Cash flow from operations
532,534
205,913
-363,312
-368,409
53,881
153,235
816,896
283,533
206,216
-1,268
35,725
149,081
-54,109
84,880
73,367
Investing Activities
capital expenditure
-67,676
-3,151
-16,531
-902
-38,666
-159,374
-63,829
-23,657
-67,925
-12,135
-48,128
-23,999
-13,794
-20,726
Change in Investments
250,000
-81,571
-22,572
-97,018
201,161
cash flow from investments
-317,676
-3,151
-16,531
80,669
-16,094
-62,356
-264,990
-23,657
-67,925
-12,135
-48,128
-23,999
-13,794
-20,726
Financing Activities
Bank loans
-44,733
44,733
Group/Directors Accounts
Other Short Term Loans
Long term loans
-145,833
-50,000
-54,167
250,000
Hire Purchase and Lease Commitments
46,906
-16,314
-31,948
-37,933
-6,782
10,102
39,028
49,937
other long term liabilities
share issue
1
1
98
2
interest
16,261
-7,456
-14,558
-6,804
6,329
5,788
2,109
-2,233
894
953
608
428
443
132
cash flow from financing
-82,666
-73,770
-100,673
205,263
-453
15,891
41,137
2,971
44,733
894
953
609
526
443
134
cash and cash equivalents
cash
82,192
128,992
-430,516
-82,477
37,333
106,770
593,043
9,847
-56,976
-12,510
-11,450
149,690
-77,582
71,529
52,775
overdraft
-50,000
50,000
change in cash
132,192
128,992
-480,516
-82,477
37,333
106,770
593,043
9,847
-56,976
-12,510
-11,450
149,690
-77,582
71,529
52,775
goring electrical services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for goring electrical services limited. Get real-time insights into goring electrical services limited's credit score, group structure and payment trends.
Perform a competitor analysis for goring electrical services limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BN1 area or any other competitors across 12 key performance metrics.
goring electrical services limited Ownership
GORING ELECTRICAL SERVICES LIMITED group structure
Goring Electrical Services Limited has no subsidiary companies.
Ultimate parent company
GORING ELECTRICAL SERVICES LIMITED
05292768
GORING ELECTRICAL SERVICES LIMITED Shareholders
The largest shareholders in Goring Electrical Services Limited include Dawn Nina Hilton and Lee David Hilton.
dawn nina hilton
49.5%
lee david hilton
49.5%
paul o'reilly
0.99%
goring electrical services limited directors
Goring Electrical Services Limited currently has 6 directors.
The longest serving directors include
Mr Lee Hilton (Nov 2004) and
Mrs Dawn Hilton (Jan 2009).
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 goring electrical services limited.
goring electrical services 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 GORING ELECTRICAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
goring electrical services limitedCompanies House Filings - See Documents
