anglia safety electrical & testing ltd

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anglia safety electrical & testing ltd Company Information

Share ANGLIA SAFETY ELECTRICAL & TESTING LTD

Company Number

05551770

Shareholders

ian benjamin rivett

louisa jane rivett

Group Structure

View All

Industry

Electrical installation

 

Registered Address

unit 19d alston road, hellesdon park industrial estate, norwich, norfolk, NR6 5DS

anglia safety electrical & testing ltd Estimated Valuation

£960.2k

Pomanda estimates the enterprise value of ANGLIA SAFETY ELECTRICAL & TESTING LTD at £960.2k based on a Turnover of £2.3m and 0.41x industry multiple (adjusted for size and gross margin).

anglia safety electrical & testing ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of ANGLIA SAFETY ELECTRICAL & TESTING LTD at £1.2m based on an EBITDA of £258.1k and a 4.64x industry multiple (adjusted for size and gross margin).

anglia safety electrical & testing ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of ANGLIA SAFETY ELECTRICAL & TESTING LTD at £1.6m based on Net Assets of £636.3k and 2.58x industry multiple (adjusted for liquidity).

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Anglia Safety Electrical & Testing Ltd Overview

Anglia Safety Electrical & Testing Ltd is a live company located in norwich, NR6 5DS with a Companies House number of 05551770. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2005, it's largest shareholder is ian benjamin rivett with a 60% stake. Anglia Safety Electrical & Testing Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.

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Anglia Safety Electrical & Testing Ltd Health Check

Pomanda's financial health check has awarded Anglia Safety Electrical & Testing Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £2.3m, make it larger than the average company (£1.8m)

£2.3m - Anglia Safety Electrical & Testing Ltd

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.1%)

19% - Anglia Safety Electrical & Testing Ltd

8.1% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - Anglia Safety Electrical & Testing Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of 9.4% make it more profitable than the average company (6.6%)

9.4% - Anglia Safety Electrical & Testing Ltd

6.6% - Industry AVG

employees

Employees

with 19 employees, this is similar to the industry average (16)

19 - Anglia Safety Electrical & Testing Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)

£44.2k - Anglia Safety Electrical & Testing Ltd

£44.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.5k, this is less efficient (£145.4k)

£123.5k - Anglia Safety Electrical & Testing Ltd

£145.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (58 days)

73 days - Anglia Safety Electrical & Testing Ltd

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (41 days)

55 days - Anglia Safety Electrical & Testing Ltd

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (10 days)

6 days - Anglia Safety Electrical & Testing Ltd

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is average cash available to meet short term requirements (23 weeks)

27 weeks - Anglia Safety Electrical & Testing Ltd

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.4%, this is a lower level of debt than the average (58.6%)

43.4% - Anglia Safety Electrical & Testing Ltd

58.6% - Industry AVG

ANGLIA SAFETY ELECTRICAL & TESTING LTD financials

EXPORTms excel logo

Anglia Safety Electrical & Testing Ltd's latest turnover from September 2023 is estimated at £2.3 million and the company has net assets of £636.3 thousand. According to their latest financial statements, Anglia Safety Electrical & Testing Ltd has 19 employees and maintains cash reserves of £184.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,346,9081,767,3861,490,7381,378,0091,838,2211,264,7161,192,1311,134,0881,089,120637,618709,459669,114622,496744,978
Other Income Or Grants
Cost Of Sales1,728,0831,318,5381,115,8321,028,9351,360,278917,357860,710807,860777,053448,458499,377451,108413,623458,339
Gross Profit618,825448,848374,906349,074477,943347,358331,421326,227312,067189,160210,082218,006208,872286,639
Admin Expenses398,997328,104291,744314,981400,200279,750274,780253,509259,395174,155176,584220,642211,445278,929-8,842
Operating Profit219,828120,74483,16234,09377,74367,60856,64172,71852,67215,00533,498-2,636-2,5737,7108,842
Interest Payable4,5995,6385,1093,7083,6064,2163,4573,3002,7392,0152,8143,3042,008929691
Interest Receivable8,3263,465133621442368120745475211
Pre-Tax Profit223,556118,57278,18630,44774,28163,62853,26469,43950,00813,04430,691-5,935-4,5796,7828,151
Tax-55,889-22,529-14,855-5,785-14,113-12,089-10,120-13,888-10,001-2,739-7,059-1,899-2,282
Profit After Tax167,66796,04363,33124,66260,16851,53943,14455,55140,00610,30523,632-5,935-4,5794,8835,869
Dividends Paid
Retained Profit167,66796,04363,33124,66260,16851,53943,14455,55140,00610,30523,632-5,935-4,5794,8835,869
Employee Costs839,383746,212724,779742,742818,450661,289636,598358,107322,397196,097188,195187,196221,722253,056
Number Of Employees191818192016169855567
EBITDA*258,130147,658109,14066,335110,53392,36391,963102,77381,87935,42456,25312,31820,49529,11732,537

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets304,314241,075239,284276,223279,012243,680237,778215,705205,02858,09057,62833,81932,27325,63234,779
Intangible Assets10,16620,33330,50040,66750,83361,00076,00091,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets304,314241,075239,284276,223279,012243,680237,778225,871225,36188,59098,29584,65293,273101,632125,779
Stock & work in progress32,00027,15022,50017,00027,00034,00022,50016,50013,5009,50013,50017,50015,5006,3007,500
Trade Debtors469,796355,641314,648236,198316,355215,743196,104202,062175,476112,020120,051106,433101,975118,288103,125
Group Debtors
Misc Debtors133,51567,98954,36757,84864,20127,01043,874
Cash184,457132,732175,30090,60533,1135,37757,6706,8979,42020,1891,3941,326688174312
misc current assets
total current assets819,768583,512566,815401,651440,669282,130320,148225,459198,396141,709134,945125,259118,163124,762110,937
total assets1,124,082824,587806,099677,874719,681525,810557,926451,330423,757230,299233,240209,911211,436226,394236,716
Bank overdraft2,4002,40052,28111,6962,1249,7134,668
Bank loan
Trade Creditors 262,562189,111187,470131,484230,960107,517129,244178,547199,949115,233129,156119,748108,250150,455144,646
Group/Directors Accounts
other short term finances
hp & lease commitments20,53410,64613,77723,18224,72815,46415,210
other current liabilities63,24380,82394,60365,08255,06560,47387,873
total current liabilities348,739282,980348,131231,444312,877193,167236,995178,547199,949115,233129,156119,748108,250150,455144,646
loans37,23239,72042,27061,26146,49548,51962,02943,94161,66322,61039,39147,19654,4807,31821,266
hp & lease commitments52,1007,97518,62144,75244,20935,07239,159
Accruals and Deferred Income
other liabilities79,10887,96258,27940,82142,72742,53157,86764,933
provisions49,72525,29124,49931,17031,51524,63546,86520,000
total long term liabilities139,05772,98685,390137,183122,219108,226148,053143,049149,62580,88980,21289,92397,01165,18586,199
total liabilities487,796355,966433,521368,627435,096301,393385,048321,596349,574196,122209,368209,671205,261215,640230,845
net assets636,286468,621372,578309,247284,585224,417172,878129,73474,18334,17723,8722406,17510,7545,871
total shareholders funds636,286468,621372,578309,247284,585224,417172,878129,73474,18334,17723,8722406,17510,7545,871
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit219,828120,74483,16234,09377,74367,60856,64172,71852,67215,00533,498-2,636-2,5737,7108,842
Depreciation38,30226,91425,97832,24232,79024,75525,15619,88819,04010,25212,5894,7878,0686,4078,695
Amortisation10,16610,16710,16710,16710,16610,16715,00015,00015,000
Tax-55,889-22,529-14,855-5,785-14,113-12,089-10,120-13,888-10,001-2,739-7,059-1,899-2,282
Stock4,8504,6505,500-10,000-7,00011,5006,0003,0004,000-4,000-4,0002,0009,200-1,2007,500
Debtors179,68154,61574,969-86,510137,8032,77537,91626,58663,456-8,03113,6184,458-16,31315,163103,125
Creditors73,4511,64155,986-99,476123,443-21,727-49,303-21,40284,716-13,9239,40811,498-42,2055,809144,646
Accruals and Deferred Income-17,580-13,78029,52110,017-5,408-27,40087,873
Deferred Taxes & Provisions24,434792-6,671-3456,880-22,23026,86520,000
Cash flow from operations98,01554,51792,65267,25690,532-5,358103,36257,89789,13830,79348,98417,358-14,59719,06464,276
Investing Activities
capital expenditure-101,541-28,70510,961-29,453-68,122-30,657-47,229-30,565-165,978-10,714-36,398-6,333-14,7092,740-149,474
Change in Investments
cash flow from investments-101,541-28,70510,961-29,453-68,122-30,657-47,229-30,565-165,978-10,714-36,398-6,333-14,7092,740-149,474
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-2,488-2,550-18,99114,766-2,024-13,51018,088-17,72239,053-16,781-7,805-7,28447,162-13,94821,266
Hire Purchase and Lease Commitments54,013-13,777-35,536-1,00318,401-3,83354,369
other long term liabilities-79,108-8,85429,68317,458-1,906196-15,336-7,06664,933
share issue-22
interest3,727-2,173-4,976-3,646-3,462-3,980-3,376-3,280-2,665-1,961-2,807-3,299-2,006-928-690
cash flow from financing55,250-18,500-59,50310,11712,915-21,323-10,027-29,85666,071-1,284-12,518-10,38729,820-21,94285,511
cash and cash equivalents
cash51,725-42,56884,69557,49227,736-52,29350,773-2,523-10,76918,79568638514-138312
overdraft-49,88140,5859,572-7,5895,0454,668
change in cash51,7257,31344,11047,92035,325-57,33846,105-2,523-10,76918,79568638514-138312

anglia safety electrical & testing ltd 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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Anglia Safety Electrical & Testing Ltd Competitor Analysis

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Perform a competitor analysis for anglia safety electrical & testing ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR6 area or any other competitors across 12 key performance metrics.

anglia safety electrical & testing ltd Ownership

ANGLIA SAFETY ELECTRICAL & TESTING LTD group structure

Anglia Safety Electrical & Testing Ltd has no subsidiary companies.

Ultimate parent company

ANGLIA SAFETY ELECTRICAL & TESTING LTD

05551770

ANGLIA SAFETY ELECTRICAL & TESTING LTD Shareholders

ian benjamin rivett 60%
louisa jane rivett 40%

anglia safety electrical & testing ltd directors

Anglia Safety Electrical & Testing Ltd currently has 2 directors. The longest serving directors include Mr Ian Rivett (Sep 2005) and Mrs Louisa Rivett (May 2023).

officercountryagestartendrole
Mr Ian Rivett66 years Sep 2005- Director
Mrs Louisa RivettUnited Kingdom54 years May 2023- Director

P&L

September 2023

turnover

2.3m

+33%

operating profit

219.8k

0%

gross margin

26.4%

+3.83%

turnover

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

Balance Sheet

September 2023

net assets

636.3k

+0.36%

total assets

1.1m

+0.36%

cash

184.5k

+0.39%

net assets

Total assets minus all liabilities

anglia safety electrical & testing ltd company details

company number

05551770

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

September 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

BERRY & WARREN LTD

auditor

-

address

unit 19d alston road, hellesdon park industrial estate, norwich, norfolk, NR6 5DS

Bank

-

Legal Advisor

-

anglia safety electrical & testing 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 found 2 charges/mortgages relating to anglia safety electrical & testing ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

anglia safety electrical & testing 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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anglia safety electrical & testing ltd Companies House Filings - See Documents

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