Spotlight Electrical Limited

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spotlight electrical limited Company Information

Live

EstablishedMicroDeclining

Company Number

05421268

Website

spotlight-electrical-ltd.business.site

Registered Address

27a maxwell road, northwood, middlesex, HA6 2XY

Industry

Electrical installation

Telephone

Next Accounts Due

December 2024

Group Structure

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Directors

Colin Gaffney19 Years

Alex Gaffney17 Years

Shareholders

alex gaffney 50%

colin thomas gaffney 50%

spotlight electrical limited Estimated Valuation

£365.8k

Pomanda estimates the enterprise value of SPOTLIGHT ELECTRICAL LIMITED at £365.8k based on Net Assets of £119.9k and 3.05x industry multiple (adjusted for liquidity).

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Spotlight Electrical Limited is a live company located in middlesex, HA6 2XY with a Companies House number of 05421268. It operates in the electrical installation sector, SIC Code 43210. Founded in April 2005, it's largest shareholder is alex gaffney with a 50% stake. Spotlight Electrical Limited is a established, micro sized company, Pomanda has estimated its turnover at £359.7k with declining growth in recent years.

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Pomanda's financial health check has awarded Spotlight Electrical Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

1 Strong

2 Regular

7 Weak

Size

annual sales of £359.7k, make it smaller than the average company (£870.3k)

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.7%)

EXPORT

Spotlight Electrical Limited's latest turnover from March 2023 is estimated at £359.7 thousand and the company has net assets of £119.9 thousand. According to their latest financial statements, Spotlight Electrical Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	359,734	338,466	302,463	512,338	389,982	500,721	491,886	305,308	367,432	428,309	486,579	465,385	469,410	307,451
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	298,822	281,893	253,346	422,074	318,877	409,948	401,051	246,145	298,576	348,258	389,853	372,493	365,089	237,872
Gross Profit	60,912	56,574	49,117	90,264	71,106	90,773	90,836	59,163	68,856	80,051	96,725	92,892	104,321	69,579
Admin Expenses	48,834	56,505	70,491	49,883	46,152	74,231	93,090	92,303	99,091	46,204	60,969	98,292	110,456	-52,919
Operating Profit	12,078	69	-21,374	40,381	24,954	16,542	-2,254	-33,140	-30,235	33,847	35,756	-5,400	-6,135	122,498
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	45	225	322	184	44	77	74
Pre-Tax Profit	12,078	69	-21,374	40,381	24,954	16,542	-2,254	-33,095	-30,010	34,169	35,939	-5,356	-6,058	122,572
Tax	-2,295	-13	0	-7,672	-4,741	-3,143	0	0	0	-7,859	-8,625	0	0	-34,320
Profit After Tax	9,783	56	-21,374	32,709	20,213	13,399	-2,254	-33,095	-30,010	26,310	27,314	-5,356	-6,058	88,252
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	9,783	56	-21,374	32,709	20,213	13,399	-2,254	-33,095	-30,010	26,310	27,314	-5,356	-6,058	88,252
Employee Costs	123,039	117,839	114,086	117,552	119,893	115,234	119,319	79,145	78,720	75,130	109,679	109,495	107,343	73,368
Number Of Employees	3	3	3	3	3	3	3	2	2	2	3	3	3	2
EBITDA*	12,078	69	-21,374	40,381	24,954	16,542	-2,254	-32,989	-27,072	36,942	39,908	-1,025	-1,693	123,778

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	100	100	100	100	252	403	554	606	0	3,163	6,258	10,410	14,785	3,412
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	100	100	100	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	100	100	100	100	252	403	554	706	100	3,263	6,258	10,410	14,785	3,412
Stock & work in progress	0	0	0	0	0	0	0	4,870	4,870	4,795	4,715	7,965	7,580	6,255
Trade Debtors	155,671	151,100	138,646	202,967	157,593	172,597	149,430	105,231	129,915	140,508	150,600	142,027	154,752	97,552
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	2	18,160	71,668	56,978	16,558	1,079	29,529
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	155,671	151,100	138,646	202,967	157,593	172,597	149,430	110,103	152,945	216,971	212,293	166,550	163,411	133,336
total assets	155,771	151,200	138,746	203,067	157,845	173,000	149,984	110,809	153,045	220,234	218,551	176,960	178,196	136,748
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	29,037	33,807	26,851	68,314	37,668	52,959	81,401	43,352	52,493	89,672	114,299	98,542	90,872	48,396
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	29,037	33,807	26,851	68,314	37,668	52,959	81,401	43,352	52,493	89,672	114,299	98,542	90,872	48,396
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	6,845	7,287	1,845	3,329	21,462	41,539	3,480	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	1,480	5,030	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	6,845	7,287	1,845	3,329	21,462	41,539	3,480	0	0	0	0	1,480	5,030	0
total liabilities	35,882	41,094	28,696	71,643	59,130	94,498	84,881	43,352	52,493	89,672	114,299	100,022	95,902	48,396
net assets	119,889	110,106	110,050	131,424	98,715	78,502	65,103	67,457	100,552	130,562	104,252	76,938	82,294	88,352
total shareholders funds	119,889	110,106	110,050	131,424	98,715	78,502	65,103	67,457	100,552	130,562	104,252	76,938	82,294	88,352

	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	12,078	69	-21,374	40,381	24,954	16,542	-2,254	-33,140	-30,235	33,847	35,756	-5,400	-6,135	122,498
Depreciation	0	0	0	0	0	0	0	151	3,163	3,095	4,152	4,375	4,442	1,280
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-2,295	-13	0	-7,672	-4,741	-3,143	0	0	0	-7,859	-8,625	0	0	-34,320
Stock	0	0	0	0	0	0	-4,870	0	75	80	-3,250	385	1,325	6,255
Debtors	4,571	12,454	-64,321	45,374	-15,004	23,167	44,199	-24,684	-10,593	-10,092	8,573	-12,725	57,200	97,552
Creditors	-4,770	6,956	-41,463	30,646	-15,291	-28,442	38,049	-9,141	-37,179	-24,627	15,757	7,670	42,476	48,396
Accruals and Deferred Income	-442	5,442	-1,484	-18,133	-20,077	38,059	3,480	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	0	0	0	-152	-151	-151	-54	-17,446	-53,733	14,468	41,717	18,985	-17,742	34,047
Investing Activities
capital expenditure	0	0	0	152	151	151	52	-757	0	0	0	0	-15,815	-4,692
Change in Investments	0	0	0	0	0	0	-100	0	0	100	0	0	0	0
cash flow from investments	0	0	0	152	151	151	152	-757	0	-100	0	0	-15,815	-4,692
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	-1,480	-3,550	5,030	0
share issue	0	0	0	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	0	45	225	322	184	44	77	74
cash flow from financing	0	0	0	0	0	0	-100	45	225	322	-1,296	-3,506	5,107	174
cash and cash equivalents
cash	0	0	0	0	0	0	-2	-18,158	-53,508	14,690	40,420	15,479	-28,450	29,529
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-2	-18,158	-53,508	14,690	40,420	15,479	-28,450	29,529

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for spotlight electrical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA6 area or any other competitors across 12 key performance metrics.

SPOTLIGHT ELECTRICAL LIMITED group structure

Spotlight Electrical Limited has 1 subsidiary company.

Ultimate parent company

SPOTLIGHT ELECTRICAL LIMITED

05421268

1 subsidiary

SPOTLIGHT PROPERTIES LIMITED

08836417

SPOTLIGHT ELECTRICAL LIMITED Shareholders

alex gaffney	50%
colin thomas gaffney	50%

Spotlight Electrical Limited currently has 2 directors. The longest serving directors include Mr Colin Gaffney (Apr 2005) and Mrs Alex Gaffney (Mar 2007).

officer	country	age	start	end	role
Mr Colin Gaffney	England	52 years	Apr 2005	-	Director
Mrs Alex Gaffney	England	50 years	Mar 2007	-	Director

P&L

March 2023

turnover

359.7k

+6%

operating profit

12.1k

gross margin

17%

+1.3%

turnover

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

Balance Sheet

March 2023

net assets

119.9k

+0.09%

total assets

155.8k

+0.03%

cash

net assets

Total assets minus all liabilities

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company number

05421268

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

April 2005

ultimate parent company

None

previous names

uxbridge electrical services limited (August 2010)

address

27a maxwell road, northwood, middlesex, HA6 2XY

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 spotlight electrical limited.

spotlight electrical limited Company Information

spotlight electrical limited Estimated Valuation

spotlight electrical limited Estimated Valuation

spotlight electrical limited Estimated Valuation

Spotlight Electrical Limited Overview

Spotlight Electrical Limited Health Check

SPOTLIGHT ELECTRICAL LIMITED financials

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