7 core electrical wholesale limited Company Information
Company Number
06300754
Website
www.7core.co.ukRegistered Address
office 6, acorn house, lindum bu, station road, lincoln, LN6 3QX
Industry
Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.
Telephone
01522534235
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mjsd investments ltd 100%
7 core electrical wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of 7 CORE ELECTRICAL WHOLESALE LIMITED at £3.3m based on a Turnover of £10.9m and 0.31x industry multiple (adjusted for size and gross margin).
7 core electrical wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of 7 CORE ELECTRICAL WHOLESALE LIMITED at £2.5m based on an EBITDA of £479.6k and a 5.26x industry multiple (adjusted for size and gross margin).
7 core electrical wholesale limited Estimated Valuation
Pomanda estimates the enterprise value of 7 CORE ELECTRICAL WHOLESALE LIMITED at £3.1m based on Net Assets of £1.4m and 2.18x industry multiple (adjusted for liquidity).
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7 Core Electrical Wholesale Limited Overview
7 Core Electrical Wholesale Limited is a live company located in lincoln, LN6 3QX with a Companies House number of 06300754. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46439. Founded in July 2007, it's largest shareholder is mjsd investments ltd with a 100% stake. 7 Core Electrical Wholesale Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.9m with healthy growth in recent years.
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7 Core Electrical Wholesale Limited Health Check
Pomanda's financial health check has awarded 7 Core Electrical Wholesale Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £10.9m, make it smaller than the average company (£23.5m)
- 7 Core Electrical Wholesale Limited
£23.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.9%)
- 7 Core Electrical Wholesale Limited
6.9% - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (21%)
- 7 Core Electrical Wholesale Limited
21% - Industry AVG
Profitability
an operating margin of 4% make it as profitable than the average company (4%)
- 7 Core Electrical Wholesale Limited
4% - Industry AVG
Employees
with 36 employees, this is below the industry average (50)
36 - 7 Core Electrical Wholesale Limited
50 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- 7 Core Electrical Wholesale Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £302.9k, this is less efficient (£534.2k)
- 7 Core Electrical Wholesale Limited
£534.2k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (53 days)
- 7 Core Electrical Wholesale Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (34 days)
- 7 Core Electrical Wholesale Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is less than average (71 days)
- 7 Core Electrical Wholesale Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (9 weeks)
19 weeks - 7 Core Electrical Wholesale Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.2%, this is a similar level of debt than the average (52.3%)
56.2% - 7 Core Electrical Wholesale Limited
52.3% - Industry AVG
7 core electrical wholesale limited Credit Report and Business Information
7 Core Electrical Wholesale Limited Competitor Analysis
Perform a competitor analysis for 7 core electrical wholesale limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
7 core electrical wholesale limited Ownership
7 CORE ELECTRICAL WHOLESALE LIMITED group structure
7 Core Electrical Wholesale Limited has no subsidiary companies.
Ultimate parent company
7 CORE ELECTRICAL WHOLESALE LIMITED
06300754
7 core electrical wholesale limited directors
7 Core Electrical Wholesale Limited currently has 5 directors. The longest serving directors include Mr David Priestley (Jun 2008) and Mrs Emma Priestley (May 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Priestley | England | 43 years | Jun 2008 | - | Director |
Mrs Emma Priestley | England | 41 years | May 2017 | - | Director |
Mr Jonathan King | England | 42 years | Feb 2022 | - | Director |
Mr Stephen Comparetto | England | 37 years | Feb 2022 | - | Director |
Mr Marc White | England | 42 years | Feb 2022 | - | Director |
7 CORE ELECTRICAL WHOLESALE LIMITED financials
7 Core Electrical Wholesale Limited's latest turnover from March 2023 is estimated at £10.9 million and the company has net assets of £1.4 million. According to their latest financial statements, 7 Core Electrical Wholesale Limited has 36 employees and maintains cash reserves of £670.5 thousand 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 | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 36 | 34 | 33 | 36 | 36 | 34 | 30 | |||||||
EBITDA* |
* 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 | 104,447 | 78,160 | 78,273 | 163,527 | 159,067 | 163,016 | 85,639 | 115,847 | 59,380 | 40,052 | 27,187 | 37,463 | 45,804 | 74,109 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 8,333 | 25,000 | 50,000 | 28,333 | 48,333 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 104,447 | 78,160 | 78,273 | 163,527 | 159,067 | 171,349 | 110,639 | 165,847 | 87,713 | 88,385 | 27,187 | 37,463 | 45,804 | 74,109 |
Stock & work in progress | 1,065,469 | 1,006,080 | 885,684 | 783,439 | 870,795 | 842,884 | 646,051 | 525,168 | 415,044 | 275,197 | 240,097 | 245,870 | 187,974 | 124,454 |
Trade Debtors | 1,362,042 | 1,179,519 | 925,937 | 879,359 | 1,093,339 | 1,310,757 | 1,007,509 | 797,174 | 497,977 | 341,739 | 321,575 | 367,002 | 405,037 | 303,173 |
Group Debtors | 31,807 | 31,742 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,895 | 3,420 | 0 | 400 | 0 | 2,480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 670,522 | 339,620 | 786,386 | 747,972 | 523,540 | 514,904 | 649,266 | 365,430 | 327,218 | 370,522 | 262,923 | 45,085 | 202,953 | 152,845 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,133,735 | 2,560,381 | 2,598,007 | 2,411,170 | 2,487,674 | 2,671,025 | 2,302,826 | 1,687,772 | 1,240,239 | 987,458 | 824,595 | 657,957 | 795,964 | 580,472 |
total assets | 3,238,182 | 2,638,541 | 2,676,280 | 2,574,697 | 2,646,741 | 2,842,374 | 2,413,465 | 1,853,619 | 1,327,952 | 1,075,843 | 851,782 | 695,420 | 841,768 | 654,581 |
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 | 1,293,489 | 1,157,329 | 1,097,731 | 824,369 | 904,766 | 1,069,251 | 985,522 | 770,573 | 524,013 | 508,628 | 281,992 | 340,510 | 289,832 | 245,640 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132,209 | 0 | 28,991 | 30,104 | 451,335 | 366,403 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 18,838 | 27,055 | 46,758 | 46,758 | 42,479 | 56,076 | 4,750 | 4,475 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 439,777 | 383,798 | 493,914 | 559,821 | 602,989 | 660,690 | 582,210 | 409,279 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,752,104 | 1,568,182 | 1,638,403 | 1,430,948 | 1,550,234 | 1,786,017 | 1,572,482 | 1,184,327 | 656,222 | 508,628 | 310,983 | 370,614 | 741,167 | 612,043 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 41,395 | 6,696 | 21,445 | 66,140 | 99,378 | 64,220 | 32,817 | 22,852 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 26,112 | 17,498 | 13,297 | 29,495 | 28,151 | 23,399 | 8,362 | 16,057 | 11,030 | 6,340 | 3,400 | 5,008 | 6,357 | 11,482 |
total long term liabilities | 67,507 | 24,194 | 34,742 | 95,635 | 127,529 | 87,619 | 41,179 | 38,909 | 11,030 | 6,340 | 3,400 | 5,008 | 6,357 | 11,482 |
total liabilities | 1,819,611 | 1,592,376 | 1,673,145 | 1,526,583 | 1,677,763 | 1,873,636 | 1,613,661 | 1,223,236 | 667,252 | 514,968 | 314,383 | 375,622 | 747,524 | 623,525 |
net assets | 1,418,571 | 1,046,165 | 1,003,135 | 1,048,114 | 968,978 | 968,738 | 799,804 | 630,383 | 660,700 | 560,875 | 537,399 | 319,798 | 94,244 | 31,056 |
total shareholders funds | 1,418,571 | 1,046,165 | 1,003,135 | 1,048,114 | 968,978 | 968,738 | 799,804 | 630,383 | 660,700 | 560,875 | 537,399 | 319,798 | 94,244 | 31,056 |
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 | ||||||||||||||
Depreciation | 41,311 | 74,098 | 84,567 | 75,072 | 77,898 | 51,255 | 50,999 | 40,891 | 32,784 | 27,353 | 22,365 | 30,683 | 30,087 | |
Amortisation | 0 | 0 | 0 | 0 | 8,333 | 25,000 | 28,333 | 20,000 | 11,667 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | 59,389 | 120,396 | 102,245 | -87,356 | 27,911 | 196,833 | 120,883 | 110,124 | 139,847 | 35,100 | -5,773 | 57,896 | 63,520 | 124,454 |
Debtors | 183,063 | 288,744 | 46,178 | -213,580 | -219,898 | 305,728 | 210,335 | 299,197 | 156,238 | 20,164 | -45,427 | -38,035 | 101,864 | 303,173 |
Creditors | 136,160 | 59,598 | 273,362 | -80,397 | -164,485 | 83,729 | 214,949 | 246,560 | 15,385 | 226,636 | -58,518 | 50,678 | 44,192 | 245,640 |
Accruals and Deferred Income | 55,979 | -110,116 | -65,907 | -43,168 | -57,701 | 78,480 | 172,931 | 409,279 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 8,614 | 4,201 | -16,198 | 1,344 | 4,752 | 15,037 | -7,695 | 5,027 | 4,690 | 2,940 | -1,608 | -1,349 | -5,125 | 11,482 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
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 | -132,209 | 132,209 | -28,991 | -1,113 | -421,231 | 84,932 | 366,403 |
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 | 26,482 | -34,452 | -44,695 | -28,959 | 21,561 | 82,729 | 10,240 | 27,327 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 330,902 | -446,766 | 38,414 | 224,432 | 8,636 | -134,362 | 283,836 | 38,212 | -43,304 | 107,599 | 217,838 | -157,868 | 50,108 | 152,845 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 330,902 | -446,766 | 38,414 | 224,432 | 8,636 | -134,362 | 283,836 | 38,212 | -43,304 | 107,599 | 217,838 | -157,868 | 50,108 | 152,845 |
P&L
March 2023turnover
10.9m
+20%
operating profit
438.3k
0%
gross margin
21.1%
+2.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.36%
total assets
3.2m
+0.23%
cash
670.5k
+0.97%
net assets
Total assets minus all liabilities
7 core electrical wholesale limited company details
company number
06300754
Type
Private limited with Share Capital
industry
46439 - Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.
incorporation date
July 2007
age
17
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
office 6, acorn house, lindum bu, station road, lincoln, LN6 3QX
last accounts submitted
March 2023
7 core electrical wholesale 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 1 charges/mortgages relating to 7 core electrical wholesale limited. Currently there are 1 open charges and 0 have been satisfied in the past.
7 core electrical wholesale limited Companies House Filings - See Documents
date | description | view/download |
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