7 core electrical wholesale limited

4.5

7 core electrical wholesale limited Company Information

Share 7 CORE ELECTRICAL WHOLESALE LIMITED
Live 
EstablishedMidHealthy

Company Number

06300754

Registered 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

Directors

David Priestley15 Years

Emma Priestley6 Years

View All

Shareholders

mjsd investments ltd 100%

7 core electrical wholesale limited Estimated Valuation

£3.3m

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

£2.5m

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

£3.1m

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).

Valuation Calculator
This valuation is estimated based on financial data from March 2023 

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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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £10.9m, make it smaller than the average company (£23.5m)

£10.9m - 7 Core Electrical Wholesale Limited

£23.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.9%)

15% - 7 Core Electrical Wholesale Limited

6.9% - Industry AVG

production

Production

with a gross margin of 21%, this company has a comparable cost of product (21%)

21% - 7 Core Electrical Wholesale Limited

21% - Industry AVG

profitability

Profitability

an operating margin of 4% make it as profitable than the average company (4%)

4% - 7 Core Electrical Wholesale Limited

4% - Industry AVG

employees

Employees

with 36 employees, this is below the industry average (50)

36 - 7 Core Electrical Wholesale Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - 7 Core Electrical Wholesale Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £302.9k, this is less efficient (£534.2k)

£302.9k - 7 Core Electrical Wholesale Limited

£534.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is near the average (53 days)

45 days - 7 Core Electrical Wholesale Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (34 days)

54 days - 7 Core Electrical Wholesale Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 45 days, this is less than average (71 days)

45 days - 7 Core Electrical Wholesale Limited

71 days - Industry AVG

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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7 Core Electrical Wholesale Limited Competitor Analysis

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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 Shareholders

mjsd investments ltd 100%

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).

officercountryagestartendrole
Mr David PriestleyEngland43 years Jun 2008- Director
Mrs Emma PriestleyEngland41 years May 2017- Director
Mr Jonathan KingEngland42 years Feb 2022- Director
Mr Stephen ComparettoEngland37 years Feb 2022- Director
Mr Marc WhiteEngland42 years Feb 2022- Director

7 CORE ELECTRICAL WHOLESALE LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover10,904,5609,095,8367,522,9817,244,7547,768,3798,063,8996,805,7064,453,8453,011,0412,438,3471,808,9952,073,1132,012,1881,519,309
Other Income Or Grants00000000000000
Cost Of Sales8,614,2277,227,1706,008,4665,586,6545,997,4766,132,8005,209,6473,418,1472,290,1991,880,0471,380,9811,589,6581,546,2821,146,532
Gross Profit2,290,3331,868,6661,514,5141,658,1001,770,9031,931,0991,596,0591,035,697720,842558,301428,015483,455465,906372,777
Admin Expenses1,852,0381,819,7651,560,2601,561,0371,774,5011,725,4611,385,5511,067,746596,213529,526142,468179,299379,034330,452
Operating Profit438,29548,901-45,74697,063-3,598205,638210,508-32,049124,62928,775285,547304,15686,87242,325
Interest Payable00000000000000
Interest Receivable21,4664,2237676363,8942,9101,2681,7321,7441,584770620890382
Pre-Tax Profit459,76053,123-44,97997,699296208,548211,776-30,317126,37330,358286,317304,77687,76142,707
Tax-87,354-10,0930-18,563-56-39,624-42,3550-26,538-6,982-68,716-79,242-24,573-11,958
Profit After Tax372,40643,030-44,97979,136240168,924169,421-30,31799,83523,376217,601225,53463,18830,749
Dividends Paid00000000000000
Retained Profit372,40643,030-44,97979,136240168,924169,421-30,31799,83523,376217,601225,53463,18830,749
Employee Costs1,675,7841,451,7441,293,6011,371,9961,328,2191,224,6211,080,548470,910318,847257,422191,473215,459213,307156,997
Number Of Employees36343336363430141086775
EBITDA*479,606122,99938,821172,13582,633205,638286,76347,283185,52073,226312,900326,521117,55572,412

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets104,44778,16078,273163,527159,067163,01685,639115,84759,38040,05227,18737,46345,80474,109
Intangible Assets000008,33325,00050,00028,33348,3330000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets104,44778,16078,273163,527159,067171,349110,639165,84787,71388,38527,18737,46345,80474,109
Stock & work in progress1,065,4691,006,080885,684783,439870,795842,884646,051525,168415,044275,197240,097245,870187,974124,454
Trade Debtors1,362,0421,179,519925,937879,3591,093,3391,310,7571,007,509797,174497,977341,739321,575367,002405,037303,173
Group Debtors31,80731,742000000000000
Misc Debtors3,8953,420040002,48000000000
Cash670,522339,620786,386747,972523,540514,904649,266365,430327,218370,522262,92345,085202,953152,845
misc current assets00000000000000
total current assets3,133,7352,560,3812,598,0072,411,1702,487,6742,671,0252,302,8261,687,7721,240,239987,458824,595657,957795,964580,472
total assets3,238,1822,638,5412,676,2802,574,6972,646,7412,842,3742,413,4651,853,6191,327,9521,075,843851,782695,420841,768654,581
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 1,293,4891,157,3291,097,731824,369904,7661,069,251985,522770,573524,013508,628281,992340,510289,832245,640
Group/Directors Accounts00000000132,209028,99130,104451,335366,403
other short term finances00000000000000
hp & lease commitments18,83827,05546,75846,75842,47956,0764,7504,475000000
other current liabilities439,777383,798493,914559,821602,989660,690582,210409,279000000
total current liabilities1,752,1041,568,1821,638,4031,430,9481,550,2341,786,0171,572,4821,184,327656,222508,628310,983370,614741,167612,043
loans00000000000000
hp & lease commitments41,3956,69621,44566,14099,37864,22032,81722,852000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions26,11217,49813,29729,49528,15123,3998,36216,05711,0306,3403,4005,0086,35711,482
total long term liabilities67,50724,19434,74295,635127,52987,61941,17938,90911,0306,3403,4005,0086,35711,482
total liabilities1,819,6111,592,3761,673,1451,526,5831,677,7631,873,6361,613,6611,223,236667,252514,968314,383375,622747,524623,525
net assets1,418,5711,046,1651,003,1351,048,114968,978968,738799,804630,383660,700560,875537,399319,79894,24431,056
total shareholders funds1,418,5711,046,1651,003,1351,048,114968,978968,738799,804630,383660,700560,875537,399319,79894,24431,056
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit438,29548,901-45,74697,063-3,598205,638210,508-32,049124,62928,775285,547304,15686,87242,325
Depreciation41,31174,09884,56775,07277,898051,25550,99940,89132,78427,35322,36530,68330,087
Amortisation00008,333025,00028,33320,00011,6670000
Tax-87,354-10,0930-18,563-56-39,624-42,3550-26,538-6,982-68,716-79,242-24,573-11,958
Stock59,389120,396102,245-87,35627,911196,833120,883110,124139,84735,100-5,77357,89663,520124,454
Debtors183,063288,74446,178-213,580-219,898305,728210,335299,197156,23820,164-45,427-38,035101,864303,173
Creditors136,16059,598273,362-80,397-164,48583,729214,949246,56015,385226,636-58,51850,67844,192245,640
Accruals and Deferred Income55,979-110,116-65,907-43,168-57,70178,480172,931409,279000000
Deferred Taxes & Provisions8,6144,201-16,1981,3444,75215,037-7,6955,0274,6902,940-1,608-1,349-5,12511,482
Cash flow from operations350,553-342,55181,655332,28757,130-159,301293,375298,828-117,028240,556235,258276,747-33,335-110,051
Investing Activities
capital expenditure-67,598-73,985687-79,532-73,949-60,710-21,047-157,466-60,219-105,649-17,077-14,024-2,378-104,196
Change in Investments00000000000000
cash flow from investments-67,598-73,985687-79,532-73,949-60,710-21,047-157,466-60,219-105,649-17,077-14,024-2,378-104,196
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000000-132,209132,209-28,991-1,113-421,23184,932366,403
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments26,482-34,452-44,695-28,95921,56182,72910,24027,327000000
other long term liabilities00000000000000
share issue000001000-101000200307
interest21,4664,2237676363,8942,9101,2681,7321,7441,584770620890382
cash flow from financing47,948-30,229-43,928-28,32325,45585,64911,508-103,150133,943-27,307-343-420,59185,822367,092
cash and cash equivalents
cash330,902-446,76638,414224,4328,636-134,362283,83638,212-43,304107,599217,838-157,86850,108152,845
overdraft00000000000000
change in cash330,902-446,76638,414224,4328,636-134,362283,83638,212-43,304107,599217,838-157,86850,108152,845

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

7 core electrical wholesale limited Companies House Filings - See Documents

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