ark electrical services limited

ark electrical services limited Company Information

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Company Number

05303633

Industry

Non-specialised wholesale trade

 

Directors

Jane Koyce

Michael Koyce

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Shareholders

jane koyce

michael john koyce

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Group Structure

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Contact

Registered Address

448 uxbridge road, hayes, middlesex, UB4 0SD

ark electrical services limited Estimated Valuation

£334.8k

Pomanda estimates the enterprise value of ARK ELECTRICAL SERVICES LIMITED at £334.8k based on a Turnover of £1.1m and 0.29x industry multiple (adjusted for size and gross margin).

ark electrical services limited Estimated Valuation

£187.2k

Pomanda estimates the enterprise value of ARK ELECTRICAL SERVICES LIMITED at £187.2k based on an EBITDA of £53.6k and a 3.49x industry multiple (adjusted for size and gross margin).

ark electrical services limited Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of ARK ELECTRICAL SERVICES LIMITED at £5.2m based on Net Assets of £1.8m and 2.92x industry multiple (adjusted for liquidity).

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Ark Electrical Services Limited Overview

Ark Electrical Services Limited is a live company located in middlesex, UB4 0SD with a Companies House number of 05303633. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in December 2004, it's largest shareholder is jane koyce with a 25% stake. Ark Electrical Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Ark Electrical Services Limited Health Check

Pomanda's financial health check has awarded Ark Electrical Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£16.2m)

£1.1m - Ark Electrical Services Limited

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.3%)

-1% - Ark Electrical Services Limited

6.3% - Industry AVG

production

Production

with a gross margin of 18.5%, this company has a higher cost of product (27.5%)

18.5% - Ark Electrical Services Limited

27.5% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it as profitable than the average company (5%)

4.4% - Ark Electrical Services Limited

5% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (41)

7 - Ark Electrical Services Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Ark Electrical Services Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £163.7k, this is less efficient (£379.4k)

£163.7k - Ark Electrical Services Limited

£379.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (52 days)

74 days - Ark Electrical Services Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 114 days, this is slower than average (32 days)

114 days - Ark Electrical Services Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 36 days, this is less than average (77 days)

36 days - Ark Electrical Services Limited

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 111 weeks, this is more cash available to meet short term requirements (14 weeks)

111 weeks - Ark Electrical Services Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (47.3%)

14.2% - Ark Electrical Services Limited

47.3% - Industry AVG

ARK ELECTRICAL SERVICES LIMITED financials

EXPORTms excel logo

Ark Electrical Services Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £1.8 million. According to their latest financial statements, Ark Electrical Services Limited has 7 employees and maintains cash reserves of £627.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,145,6661,209,9631,052,1861,179,5811,221,7861,229,0281,626,0551,710,0891,708,5501,451,1371,520,4021,371,0741,302,9481,365,4090
Other Income Or Grants000000000000000
Cost Of Sales933,484980,973858,666968,725998,4911,008,7561,319,7341,383,0631,383,6141,181,9641,252,0801,119,9551,068,1481,116,1680
Gross Profit212,182228,990193,520210,856223,295220,272306,321327,026324,936269,173268,322251,118234,799249,2410
Admin Expenses162,299214,320156,138169,647115,589153,710167,99085,348-18,55368,457133,617105,525120,413115,548-561,721
Operating Profit49,88314,67037,38241,209107,70666,562138,331241,678343,489200,716134,705145,593114,386133,693561,721
Interest Payable00000000015,46136,13539,56418,89100
Interest Receivable31,60020,1341,3955114,4054,7002,6271,1532,2771,9791,3971,132790576299
Pre-Tax Profit81,48334,80438,77741,720112,11171,262140,958242,831345,766187,23499,968107,16196,285134,269562,019
Tax-20,371-6,613-7,368-7,927-21,301-13,540-26,782-48,566-69,153-39,319-22,993-25,719-25,034-37,595-157,365
Profit After Tax61,11228,19131,40933,79390,81057,722114,176194,265276,613147,91576,97581,44271,25196,674404,654
Dividends Paid000000000000000
Retained Profit61,11228,19131,40933,79390,81057,722114,176194,265276,613147,91576,97581,44271,25196,674404,654
Employee Costs311,818336,656322,130339,640339,081332,267144,343141,210137,298100,940100,79299,53398,48396,6390
Number Of Employees788999444333330
EBITDA*53,63919,66944,03447,562112,79970,648143,937249,100364,158229,323158,788171,744140,644166,302567,197

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets803,101806,857811,856818,508809,246802,607806,693812,299811,184784,007798,523822,606850,793867,257870,995
Intangible Assets000000000000000
Investments & Other294,882294,882294,882294,882294,882294,882294,882294,882294,882000000
Debtors (Due After 1 year)4,5525,7965,7965,7965,7961,3389450002,2842,2842,2841,113975
Total Fixed Assets1,102,5351,107,5351,112,5341,119,1861,109,9241,098,8271,102,5201,107,1811,106,066784,007800,807824,890853,077868,370871,970
Stock & work in progress94,60497,75095,87693,68289,86592,50688,26783,67285,26781,56276,24082,57074,56564,82949,793
Trade Debtors234,633300,267247,869281,292316,315316,108528,863553,378513,447443,915485,587469,515454,493466,802401,715
Group Debtors000000000000000
Misc Debtors00000000008,6348,1326,8938,3239,428
Cash627,164576,637573,865541,881480,382694,318558,953491,898430,462480,388311,389247,520205,079110,980119,539
misc current assets000000000000000
total current assets956,401974,654917,610916,855886,5621,102,9321,176,0831,128,9481,029,1761,005,865881,850807,737741,030650,934580,475
total assets2,058,9362,082,1892,030,1442,036,0411,996,4862,201,7592,278,6032,236,1292,135,2421,789,8721,682,6571,632,6271,594,1071,519,3041,452,445
Bank overdraft0000000000034,68436,16900
Bank loan000000000000000
Trade Creditors 291,627274,282247,920284,666277,977311,844402,680428,949480,287382,517381,621266,833269,027332,587339,754
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000000067,95770,08500
total current liabilities291,627274,282247,920284,666277,977311,844402,680428,949480,287382,517381,621369,474375,281332,587339,754
loans0000000000475,727601,422545,08400
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0100,940102,869104,225105,152368,128411,858456,958498,251526,46689,847089,410672,010705,272
provisions2079771,556760760003331,0801,8784,3667,61011,65313,2792,665
total long term liabilities207101,917104,425104,985105,912368,128411,858457,291499,331528,344569,940609,032646,147685,289707,937
total liabilities291,834376,199352,345389,651383,889679,972814,538886,240979,618910,861951,561978,5061,021,4281,017,8761,047,691
net assets1,767,1021,705,9901,677,7991,646,3901,612,5971,521,7871,464,0651,349,8891,155,624879,011731,096654,121572,679501,428404,754
total shareholders funds1,767,1021,705,9901,677,7991,646,3901,612,5971,521,7871,464,0651,349,8891,155,624879,011731,096654,121572,679501,428404,754
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit49,88314,67037,38241,209107,70666,562138,331241,678343,489200,716134,705145,593114,386133,693561,721
Depreciation3,7564,9996,6526,3535,0934,0865,6067,42220,66928,60724,08326,15126,25832,6095,476
Amortisation000000000000000
Tax-20,371-6,613-7,368-7,927-21,301-13,540-26,782-48,566-69,153-39,319-22,993-25,719-25,034-37,595-157,365
Stock-3,1461,8742,1943,817-2,6414,2394,595-1,5953,7055,322-6,3308,0059,73615,03649,793
Debtors-66,87852,398-33,423-35,0234,665-212,362-23,57039,93169,532-52,59016,57416,261-12,56864,120412,118
Creditors17,34526,362-36,7466,689-33,867-90,836-26,269-51,33897,770896114,788-2,194-63,560-7,167339,754
Accruals and Deferred Income0000000000-67,957-2,12870,08500
Deferred Taxes & Provisions-770-57979607600-333-747-798-2,488-3,244-4,043-1,62610,6142,665
Cash flow from operations119,867-15,43331,94577,53056,367174,395109,528110,113318,740235,680169,138113,394123,34152,998290,340
Investing Activities
capital expenditure000-15,615-11,73200-8,537-47,846-14,09102,036-9,794-28,871-876,471
Change in Investments00000000294,882000000
cash flow from investments000-15,615-11,73200-8,537-342,728-14,09102,036-9,794-28,871-876,471
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000-475,727-125,69556,338545,08400
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-100,940-1,929-1,356-927-262,976-43,730-45,100-41,293-28,215436,61989,847-89,410-582,600-33,262705,272
share issue00000000000000100
interest31,60020,1341,3955114,4054,7002,6271,1532,277-13,482-34,738-38,432-18,101576299
cash flow from financing-69,34018,20539-416-258,571-39,030-42,473-40,140-25,938-52,590-70,586-71,504-55,617-32,686705,671
cash and cash equivalents
cash50,5272,77231,98461,499-213,936135,36567,05561,436-49,926168,99963,86942,44194,099-8,559119,539
overdraft0000000000-34,684-1,48536,16900
change in cash50,5272,77231,98461,499-213,936135,36567,05561,436-49,926168,99998,55343,92657,930-8,559119,539

ark 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
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Ark Electrical Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ark electrical services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB4 area or any other competitors across 12 key performance metrics.

ark electrical services limited Ownership

ARK ELECTRICAL SERVICES LIMITED group structure

Ark Electrical Services Limited has no subsidiary companies.

Ultimate parent company

ARK ELECTRICAL SERVICES LIMITED

05303633

ARK ELECTRICAL SERVICES LIMITED Shareholders

jane koyce 25%
michael john koyce 25%
sarah cottenham 25%
andrew cottenham 25%

ark electrical services limited directors

Ark Electrical Services Limited currently has 4 directors. The longest serving directors include Mrs Jane Koyce (Dec 2004) and Mr Michael Koyce (Dec 2004).

officercountryagestartendrole
Mrs Jane KoyceUnited Kingdom58 years Dec 2004- Director
Mr Michael KoyceUnited Kingdom57 years Dec 2004- Director
Mr Andrew CottenhamUnited Kingdom57 years Jan 2008- Director
Mrs Sarah CottenhamUnited Kingdom58 years Aug 2010- Director

P&L

December 2023

turnover

1.1m

-5%

operating profit

49.9k

0%

gross margin

18.6%

-2.14%

turnover

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

Balance Sheet

December 2023

net assets

1.8m

+0.04%

total assets

2.1m

-0.01%

cash

627.2k

+0.09%

net assets

Total assets minus all liabilities

ark electrical services limited company details

company number

05303633

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

448 uxbridge road, hayes, middlesex, UB4 0SD

Bank

-

Legal Advisor

-

ark electrical services 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 ark electrical services limited. Currently there are 1 open charges and 1 have been satisfied in the past.

ark 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 ARK ELECTRICAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.

ark electrical services limited Companies House Filings - See Documents

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