Pomanda estimates the enterprise value of SPARKY ELECTRICAL (MIDLANDS) LIMITED at £10.4k based on a Turnover of £18.7k and 0.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPARKY ELECTRICAL (MIDLANDS) LIMITED at £0 based on an EBITDA of £-193 and a 3.75x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPARKY ELECTRICAL (MIDLANDS) LIMITED at £0 based on Net Assets of £-9.8k and 2.18x industry multiple (adjusted for liquidity).
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Sparky Electrical (midlands) LimitedOverview
Sparky Electrical (midlands) Limited is a live company located in wolverhampton, WV11 3UA with a Companies House number of 07256373. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in May 2010, it's largest shareholder is
andrew mark lacey
with a 50% stake. Sparky Electrical (midlands) Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£18.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Sparky Electrical (Midlands) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £18.7k, make it smaller than the average company (£3m)
£18.7k - Sparky Electrical (midlands) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.9%)
-15% - Sparky Electrical (midlands) Limited
4.9% - Industry AVG
Production
with a gross margin of 23.4%, this company has a higher cost of product (43.1%)
23.4% - Sparky Electrical (midlands) Limited
43.1% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6%)
-1% - Sparky Electrical (midlands) Limited
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Sparky Electrical (midlands) Limited
25 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
£38.2k - Sparky Electrical (midlands) Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £18.7k, this is less efficient (£96.9k)
£18.7k - Sparky Electrical (midlands) Limited
£96.9k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (44 days)
56 days - Sparky Electrical (midlands) Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 282 days, this is slower than average (34 days)
282 days - Sparky Electrical (midlands) Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sparky Electrical (midlands) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sparky Electrical (midlands) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 418.9%, this is a higher level of debt than the average (52%)
418.9% - Sparky Electrical (midlands) Limited
52% - Industry AVG
SPARKY ELECTRICAL (MIDLANDS) LIMITED financials
EXPORT
Sparky Electrical (Midlands) Limited's latest turnover from September 2023 is estimated at £18.7 thousand and the company has net assets of -£9.8 thousand. According to their latest financial statements, we estimate that Sparky Electrical (Midlands) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Turnover
18,739
18,422
17,462
30,239
27,701
27,127
26,393
17,839
6,446
16,391
7,748
3,026
4,200
Other Income Or Grants
Cost Of Sales
14,363
14,108
13,504
23,002
21,131
20,614
19,687
13,082
4,663
11,925
5,424
2,151
3,045
Gross Profit
4,377
4,315
3,957
7,236
6,571
6,514
6,706
4,757
1,783
4,466
2,324
875
1,156
Admin Expenses
4,570
4,539
4,175
7,471
6,828
6,904
6,976
5,867
4,763
7,182
3,083
-83
2,365
Operating Profit
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,980
-2,716
-759
958
-1,209
Interest Payable
Interest Receivable
2
4
4
2
Pre-Tax Profit
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,978
-2,712
-755
961
-1,209
Tax
-231
Profit After Tax
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,978
-2,712
-755
730
-1,209
Dividends Paid
Retained Profit
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,978
-2,712
-755
730
-1,209
Employee Costs
38,179
35,723
34,284
34,833
33,165
32,196
31,211
31,608
31,230
30,660
30,053
29,843
29,778
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,955
-2,685
-721
1,006
-1,149
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Tangible Assets
176
219
273
341
426
533
666
682
98
123
154
192
240
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
176
219
273
341
426
533
666
682
98
123
154
192
240
Stock & work in progress
2,600
2,500
1,096
Trade Debtors
2,904
2,864
2,899
2,899
3,046
3,046
2,996
2,899
61
498
Group Debtors
Misc Debtors
Cash
211
420
1,036
755
85
misc current assets
total current assets
2,904
2,864
2,899
2,899
3,046
3,046
2,996
2,899
2,872
2,920
2,132
1,253
85
total assets
3,080
3,083
3,172
3,240
3,472
3,579
3,662
3,581
2,970
3,043
2,286
1,445
325
Bank overdraft
Bank loan
Trade Creditors
11,101
11,061
11,076
11,076
11,223
11,223
11,066
10,865
9,892
6,987
3,518
1,922
1,532
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
11,101
11,061
11,076
11,076
11,223
11,223
11,066
10,865
9,892
6,987
3,518
1,922
1,532
loans
hp & lease commitments
Accruals and Deferred Income
1,800
1,650
1,500
1,350
1,200
1,050
900
750
other liabilities
provisions
total long term liabilities
1,800
1,650
1,500
1,350
1,200
1,050
900
750
total liabilities
12,901
12,711
12,576
12,426
12,423
12,273
11,966
11,615
9,892
6,987
3,518
1,922
1,532
net assets
-9,821
-9,628
-9,404
-9,186
-8,951
-8,694
-8,304
-8,034
-6,922
-3,944
-1,232
-477
-1,207
total shareholders funds
-9,821
-9,628
-9,404
-9,186
-8,951
-8,694
-8,304
-8,034
-6,922
-3,944
-1,232
-477
-1,207
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Operating Activities
Operating Profit
-193
-224
-218
-235
-257
-390
-270
-1,110
-2,980
-2,716
-759
958
-1,209
Depreciation
25
31
38
48
60
Amortisation
Tax
-231
Stock
-2,600
100
1,404
1,096
Debtors
40
-35
-147
50
97
2,838
61
-498
498
Creditors
40
-15
-147
157
201
973
2,905
3,469
1,596
390
1,532
Accruals and Deferred Income
150
150
150
150
150
150
150
750
Deferred Taxes & Provisions
Cash flow from operations
-43
-54
-68
-85
-107
-133
-16
375
-211
-620
277
667
383
Investing Activities
capital expenditure
43
54
68
85
107
133
16
-584
-300
Change in Investments
cash flow from investments
43
54
68
85
107
133
16
-584
-300
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-2
2
interest
2
4
4
2
cash flow from financing
-2
2
4
4
2
2
cash and cash equivalents
cash
-211
-209
-616
281
670
85
overdraft
change in cash
-211
-209
-616
281
670
85
sparky electrical (midlands) 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 sparky electrical (midlands) limited. Get real-time insights into sparky electrical (midlands) limited's credit score, group structure and payment trends.
Perform a competitor analysis for sparky electrical (midlands) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WV11 area or any other competitors across 12 key performance metrics.
sparky electrical (midlands) limited Ownership
SPARKY ELECTRICAL (MIDLANDS) LIMITED group structure
Sparky Electrical (Midlands) Limited has no subsidiary companies.
Ultimate parent company
SPARKY ELECTRICAL (MIDLANDS) LIMITED
07256373
SPARKY ELECTRICAL (MIDLANDS) LIMITED Shareholders
The largest shareholders in Sparky Electrical (Midlands) Limited include Andrew Mark Lacey and Naresh Banga.
andrew mark lacey
50%
naresh banga
50%
sparky electrical (midlands) limited directors
Sparky Electrical (Midlands) Limited currently has 2 directors.
The longest serving directors include
Mr Naresh Banga (May 2010) and
Mr Andrew Lacey (May 2010).
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 sparky electrical (midlands) limited.
sparky electrical (midlands) 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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sparky electrical (midlands) limitedCompanies House Filings - See Documents
