Pomanda estimates the enterprise value of GREY'S ELECTRICAL LIMITED at £237.1k based on a Turnover of £733.6k and 0.32x industry multiple (adjusted for size and gross margin).
grey's electrical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GREY'S ELECTRICAL LIMITED at £0 based on an EBITDA of £-30k and a 3.68x industry multiple (adjusted for size and gross margin).
grey's electrical limitedEstimated Valuation
£321.9k
Pomanda estimates the enterprise value of GREY'S ELECTRICAL LIMITED at £321.9k based on Net Assets of £137k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grey's Electrical LimitedOverview
Grey's Electrical Limited is a live company located in nottingham, NG8 5RR with a Companies House number of 07004755. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in August 2009, it's largest shareholder is
paul grey
with a 100% stake. Grey's Electrical Limited is a established,
small sized company, Pomanda has estimated its turnover at
£733.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Grey'S Electrical Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £733.6k, make it smaller than the average company (£15.6m)
£733.6k - Grey's Electrical Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (5.5%)
-24% - Grey's Electrical Limited
5.5% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
27.3% - Grey's Electrical Limited
27.3% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (6%)
-3.2% - Grey's Electrical Limited
6% - Industry AVG
Employees
with 6 employees, this is below the industry average (44)
6 - Grey's Electrical Limited
44 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
£36.3k - Grey's Electrical Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £122.3k, this is less efficient (£299.2k)
£122.3k - Grey's Electrical Limited
£299.2k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (22 days)
17 days - Grey's Electrical Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (38 days)
37 days - Grey's Electrical Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is less than average (89 days)
47 days - Grey's Electrical Limited
89 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 49 weeks, this is more cash available to meet short term requirements (19 weeks)
49 weeks - Grey's Electrical Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.6%, this is a similar level of debt than the average (55.1%)
50.6% - Grey's Electrical Limited
55.1% - Industry AVG
GREY'S ELECTRICAL LIMITED financials
EXPORT
Grey'S Electrical Limited's latest turnover from October 2023 is estimated at £733.6 thousand and the company has net assets of £137 thousand. According to their latest financial statements, Grey'S Electrical Limited has 6 employees and maintains cash reserves of £92.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Turnover
733,559
625,099
619,452
1,669,208
1,246,612
951,274
1,315,260
406,234
441,643
768,948
800,516
780,148
475,757
716,833
Other Income Or Grants
Cost Of Sales
533,095
460,979
458,774
1,185,880
894,417
677,260
921,998
270,693
312,903
550,817
561,850
547,532
333,337
480,922
Gross Profit
200,465
164,120
160,678
483,328
352,196
274,013
393,262
135,542
128,740
218,130
238,666
232,616
142,420
235,911
Admin Expenses
224,239
105,641
103,856
462,059
323,137
274,002
408,384
130,134
133,226
225,413
232,128
251,509
104,339
200,696
Operating Profit
-23,774
58,479
56,822
21,269
29,059
11
-15,122
5,408
-4,486
-7,283
6,538
-18,893
38,081
35,215
Interest Payable
3,560
3,438
1,423
Interest Receivable
6,671
3,068
56
23
72
138
151
117
142
296
161
Pre-Tax Profit
-20,663
58,110
55,454
21,269
29,059
11
-15,099
5,480
-4,348
-7,132
6,655
-18,751
38,377
35,376
Tax
-11,041
-10,536
-4,041
-5,521
-2
-1,096
-1,531
-9,978
-9,905
Profit After Tax
-20,663
47,069
44,918
17,228
23,538
9
-15,099
4,384
-4,348
-7,132
5,124
-18,751
28,399
25,471
Dividends Paid
Retained Profit
-20,663
47,069
44,918
17,228
23,538
9
-15,099
4,384
-4,348
-7,132
5,124
-18,751
28,399
25,471
Employee Costs
217,920
174,155
182,501
164,138
162,024
161,933
221,473
75,780
67,781
98,661
131,620
125,224
84,374
102,233
Number Of Employees
6
5
6
6
6
6
8
3
3
5
7
6
4
5
EBITDA*
-30,038
60,566
56,822
21,269
29,059
11
-15,122
12,002
-821
-2,743
7,660
-18,202
38,547
35,798
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Tangible Assets
36,168
9,490
14,597
42,801
42,320
44,950
44,296
27,219
15,648
19,313
5,853
5,493
1,867
2,333
Intangible Assets
Investments & Other
31,357
28,561
26,780
21,714
19,903
Debtors (Due After 1 year)
Total Fixed Assets
67,525
38,051
41,377
42,801
42,320
44,950
44,296
48,933
35,551
19,313
5,853
5,493
1,867
2,333
Stock & work in progress
70,008
65,336
58,126
58,706
63,364
64,841
65,455
60,421
61,319
60,966
Trade Debtors
35,410
26,214
41,257
193,013
107,540
74,258
81,780
23,800
22,478
38,056
34,447
49,544
23,578
27,712
Group Debtors
Misc Debtors
11,934
7,127
1,538
Cash
92,408
161,723
110,992
18,333
38,904
16,420
43,953
2,838
53,911
64,515
misc current assets
total current assets
209,760
260,400
211,913
193,013
107,540
74,258
81,780
100,839
124,746
119,317
143,855
112,803
138,808
153,193
total assets
277,285
298,451
253,290
235,814
149,860
119,208
126,076
149,772
160,297
138,630
149,708
118,296
140,675
155,526
Bank overdraft
10,020
10,004
10,130
Bank loan
Trade Creditors
55,460
53,282
38,257
131,991
108,265
101,151
108,028
105,419
109,365
83,077
36,733
129,955
Group/Directors Accounts
13,021
23,502
49,972
other short term finances
hp & lease commitments
9,425
other current liabilities
22,784
37,802
36,035
total current liabilities
97,689
114,109
107,924
131,991
108,265
101,151
108,028
105,419
109,365
83,077
86,705
129,955
loans
16,598
26,663
36,537
hp & lease commitments
25,982
Accruals and Deferred Income
other liabilities
45,000
111,145
131,434
provisions
3,568
total long term liabilities
42,580
26,663
36,537
45,000
114,713
131,434
total liabilities
140,269
140,772
144,461
176,991
108,265
101,151
108,028
114,713
131,434
105,419
109,365
83,077
86,705
129,955
net assets
137,016
157,679
108,829
58,823
41,595
18,057
18,048
35,059
28,863
33,211
40,343
35,219
53,970
25,571
total shareholders funds
137,016
157,679
108,829
58,823
41,595
18,057
18,048
35,059
28,863
33,211
40,343
35,219
53,970
25,571
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Operating Activities
Operating Profit
-23,774
58,479
56,822
21,269
29,059
11
-15,122
5,408
-4,486
-7,283
6,538
-18,893
38,081
35,215
Depreciation
-6,264
2,087
6,594
3,665
4,540
1,122
691
466
583
Amortisation
Tax
-11,041
-10,536
-4,041
-5,521
-2
-1,096
-1,531
-9,978
-9,905
Stock
4,672
7,210
58,126
-58,706
-4,658
-1,477
-614
5,034
-898
353
60,966
Debtors
14,003
-9,454
-150,218
85,473
33,282
-7,522
57,980
1,322
-15,578
3,609
-15,097
25,966
-4,134
27,712
Creditors
2,178
15,025
-93,734
23,726
7,114
-6,877
108,028
-105,419
-3,946
26,288
46,344
-93,222
129,955
Accruals and Deferred Income
-15,018
1,767
36,035
Deferred Taxes & Provisions
-3,568
3,568
Cash flow from operations
-61,553
68,561
80,679
-44,519
-2,630
654
90,064
17,810
-89,185
-9,684
42,480
3,074
-60,872
67,170
Investing Activities
capital expenditure
-20,414
3,020
28,204
-481
2,630
-654
-17,077
-18,165
-18,000
-1,482
-4,317
-2,916
Change in Investments
2,796
1,781
26,780
-21,714
1,811
19,903
cash flow from investments
-23,210
1,239
1,424
-481
2,630
-654
4,637
-19,976
-19,903
-18,000
-1,482
-4,317
-2,916
Financing Activities
Bank loans
Group/Directors Accounts
-13,021
-10,481
23,502
-49,972
49,972
Other Short Term Loans
Long term loans
-10,065
-9,874
36,537
Hire Purchase and Lease Commitments
35,407
other long term liabilities
-45,000
45,000
-111,145
-20,289
131,434
share issue
1,781
5,088
-1,912
1,812
100
interest
3,111
-370
-1,367
23
72
138
151
117
142
296
161
cash flow from financing
15,432
-18,944
18,760
45,000
-113,034
-18,405
131,572
151
117
-49,830
50,268
261
cash and cash equivalents
cash
-69,315
50,731
110,992
-18,333
-20,571
22,484
-27,533
41,115
-51,073
-10,604
64,515
overdraft
16
-126
10,130
change in cash
-69,331
50,857
100,862
-18,333
-20,571
22,484
-27,533
41,115
-51,073
-10,604
64,515
grey's electrical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grey's electrical limited. Get real-time insights into grey's electrical limited's credit score, group structure and payment trends.
Perform a competitor analysis for grey's electrical 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 NG8 area or any other competitors across 12 key performance metrics.
grey's electrical limited Ownership
GREY'S ELECTRICAL LIMITED group structure
Grey'S Electrical Limited has no subsidiary companies.
Ultimate parent company
GREY'S ELECTRICAL LIMITED
07004755
GREY'S ELECTRICAL LIMITED Shareholders
The sole shareholder of Grey'S Electrical Limited is Paul Grey.
paul grey
100%
grey's electrical limited directors
Grey'S Electrical Limited currently has 1 director, Mr Paul Grey serving since Aug 2009.
47540 - Retail sale of electrical household appliances in specialised stores
incorporation date
August 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
POOLE & CO
auditor
-
address
445 aspley lane, nottingham, NG8 5RR
Bank
-
Legal Advisor
-
grey's electrical 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 did not find charges/mortgages relating to grey's electrical limited.
grey's electrical 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.
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grey's electrical limitedCompanies House Filings - See Documents
