ridge electrical and maintenance limited
ridge electrical and maintenance limited Company Information
Company Number
07565891
Next Accounts
Dec 2025
Shareholders
andrew michael wood
Group Structure
View All
Industry
Electrical installation
Registered Address
c/o neal & co, shakespeare buildings, cradley heath, west midlands, B64 6AG
Website
-ridge electrical and maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGE ELECTRICAL AND MAINTENANCE LIMITED at £29.1k based on a Turnover of £76.1k and 0.38x industry multiple (adjusted for size and gross margin).
ridge electrical and maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGE ELECTRICAL AND MAINTENANCE LIMITED at £0 based on an EBITDA of £-27.2k and a 4.07x industry multiple (adjusted for size and gross margin).
ridge electrical and maintenance limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGE ELECTRICAL AND MAINTENANCE LIMITED at £506.5k based on Net Assets of £206.9k and 2.45x industry multiple (adjusted for liquidity).
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Ridge Electrical And Maintenance Limited Overview
Ridge Electrical And Maintenance Limited is a live company located in cradley heath, B64 6AG with a Companies House number of 07565891. It operates in the electrical installation sector, SIC Code 43210. Founded in March 2011, it's largest shareholder is andrew michael wood with a 100% stake. Ridge Electrical And Maintenance Limited is a established, micro sized company, Pomanda has estimated its turnover at £76.1k with declining growth in recent years.
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Ridge Electrical And Maintenance Limited Health Check
Pomanda's financial health check has awarded Ridge Electrical And Maintenance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £76.1k, make it smaller than the average company (£2.3m)
- Ridge Electrical And Maintenance Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (11.7%)
- Ridge Electrical And Maintenance Limited
11.7% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Ridge Electrical And Maintenance Limited
26.1% - Industry AVG
Profitability
an operating margin of -40.7% make it less profitable than the average company (6.8%)
- Ridge Electrical And Maintenance Limited
6.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Ridge Electrical And Maintenance Limited
19 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
- Ridge Electrical And Maintenance Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £76.1k, this is less efficient (£150.2k)
- Ridge Electrical And Maintenance Limited
£150.2k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (56 days)
- Ridge Electrical And Maintenance Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (41 days)
- Ridge Electrical And Maintenance Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ridge Electrical And Maintenance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 435 weeks, this is more cash available to meet short term requirements (23 weeks)
435 weeks - Ridge Electrical And Maintenance Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.6%, this is a lower level of debt than the average (60.6%)
14.6% - Ridge Electrical And Maintenance Limited
60.6% - Industry AVG
RIDGE ELECTRICAL AND MAINTENANCE LIMITED financials
Ridge Electrical And Maintenance Limited's latest turnover from March 2024 is estimated at £76.1 thousand and the company has net assets of £206.9 thousand. According to their latest financial statements, Ridge Electrical And Maintenance Limited has 1 employee and maintains cash reserves of £217.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,326 | 15,101 | 20,135 | 6,561 | 8,748 | 11,123 | 14,832 | 8,314 | 11,086 | 14,782 | 5,257 | 6,642 | 6,750 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 11,326 | 15,101 | 20,135 | 6,561 | 8,748 | 11,123 | 14,832 | 8,314 | 11,086 | 14,782 | 5,257 | 6,642 | 6,750 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 12,868 | 13,395 | 46,498 | 31,086 | 24,022 | 21,481 | 28,846 | 55,925 | 45,395 | 8,559 | 20,787 | 16,972 | 1,925 |
| Group Debtors | |||||||||||||
| Misc Debtors | 459 | 427 | 423 | 414 | 414 | 550 | 206 | 175 | 234 | ||||
| Cash | 217,625 | 249,059 | 202,245 | 228,843 | 189,090 | 167,504 | 165,325 | 124,312 | 72,359 | 85,623 | 48,798 | 40,109 | 20,782 |
| misc current assets | |||||||||||||
| total current assets | 230,952 | 262,881 | 249,166 | 260,343 | 213,526 | 189,535 | 194,377 | 180,412 | 117,988 | 94,182 | 69,585 | 57,081 | 22,707 |
| total assets | 242,278 | 277,982 | 269,301 | 266,904 | 222,274 | 200,658 | 209,209 | 188,726 | 129,074 | 108,964 | 74,842 | 63,723 | 29,457 |
| Bank overdraft | 12 | ||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 1,625 | 4,211 | 3,422 | 4,364 | 2,889 | 3,533 | 2,576 | 5,195 | 5,892 | 54,722 | 43,373 | 32,185 | 27,390 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 24,340 | 35,052 | 40,766 | 48,540 | 40,312 | 29,747 | 35,302 | 59,153 | 43,643 | ||||
| total current liabilities | 25,977 | 39,263 | 44,188 | 52,904 | 43,201 | 33,280 | 37,878 | 64,348 | 49,535 | 54,722 | 43,373 | 32,185 | 27,390 |
| loans | 7,559 | 16,147 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 7,230 | 10,204 | 13,105 | 15,000 | 6,386 | 3,082 | 9,473 | ||||||
| provisions | 2,152 | 2,869 | 3,826 | 1,247 | 1,662 | 2,114 | 2,818 | 1,580 | 2,217 | ||||
| total long term liabilities | 9,382 | 13,073 | 16,931 | 16,247 | 1,662 | 2,114 | 2,818 | 9,139 | 18,364 | 6,386 | 3,082 | 9,473 | |
| total liabilities | 35,359 | 52,336 | 61,119 | 69,151 | 44,863 | 35,394 | 40,696 | 73,487 | 67,899 | 61,108 | 46,455 | 41,658 | 27,390 |
| net assets | 206,919 | 225,646 | 208,182 | 197,753 | 177,411 | 165,264 | 168,513 | 115,239 | 61,175 | 47,856 | 28,387 | 22,065 | 2,067 |
| total shareholders funds | 206,919 | 225,646 | 208,182 | 197,753 | 177,411 | 165,264 | 168,513 | 115,239 | 61,175 | 47,856 | 28,387 | 22,065 | 2,067 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 3,775 | 5,034 | 6,711 | 2,187 | 2,916 | 3,709 | 4,944 | 2,772 | 3,696 | 4,929 | 1,752 | 2,214 | 2,250 |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -495 | -33,099 | 15,421 | 7,064 | 2,405 | -7,021 | -27,048 | 10,471 | 37,070 | -12,228 | 3,815 | 15,047 | 1,925 |
| Creditors | -2,586 | 789 | -942 | 1,475 | -644 | 957 | -2,619 | -697 | -48,830 | 11,349 | 11,188 | 4,795 | 27,390 |
| Accruals and Deferred Income | -10,712 | -5,714 | -7,774 | 8,228 | 10,565 | -5,555 | -23,851 | 15,510 | 43,643 | ||||
| Deferred Taxes & Provisions | -717 | -957 | 2,579 | -415 | -452 | -704 | 1,238 | -637 | 2,217 | ||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -7,559 | -8,588 | 16,147 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -2,974 | -2,901 | -1,895 | 15,000 | -6,386 | 3,304 | -6,391 | 9,473 | |||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -31,434 | 46,814 | -26,598 | 39,753 | 21,586 | 2,179 | 41,013 | 51,953 | -13,264 | 36,825 | 8,689 | 19,327 | 20,782 |
| overdraft | 12 | ||||||||||||
| change in cash | -31,446 | 46,814 | -26,598 | 39,753 | 21,586 | 2,179 | 41,013 | 51,953 | -13,264 | 36,825 | 8,689 | 19,327 | 20,782 |
ridge electrical and maintenance limited Credit Report and Business Information
Ridge Electrical And Maintenance Limited Competitor Analysis
Perform a competitor analysis for ridge electrical and maintenance limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B64 area or any other competitors across 12 key performance metrics.
ridge electrical and maintenance limited Ownership
RIDGE ELECTRICAL AND MAINTENANCE LIMITED group structure
Ridge Electrical And Maintenance Limited has no subsidiary companies.
Ultimate parent company
RIDGE ELECTRICAL AND MAINTENANCE LIMITED
07565891
ridge electrical and maintenance limited directors
Ridge Electrical And Maintenance Limited currently has 2 directors. The longest serving directors include Mr Andrew Wood (Mar 2011) and Ms Samantha Leighton (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Wood | 63 years | Mar 2011 | - | Director | |
| Ms Samantha Leighton | 56 years | Nov 2022 | - | Director |
P&L
March 2024turnover
76.1k
-2%
operating profit
-31k
0%
gross margin
26.1%
+0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
206.9k
-0.08%
total assets
242.3k
-0.13%
cash
217.6k
-0.13%
net assets
Total assets minus all liabilities
ridge electrical and maintenance limited company details
company number
07565891
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o neal & co, shakespeare buildings, cradley heath, west midlands, B64 6AG
Bank
-
Legal Advisor
-
ridge electrical and maintenance 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 ridge electrical and maintenance limited.
ridge electrical and maintenance 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.
Click to start generating capital raising & share issue transactions for RIDGE ELECTRICAL AND MAINTENANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
ridge electrical and maintenance limited Companies House Filings - See Documents
| date | description | view/download |
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