yesss (a) electrical ltd

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yesss (a) electrical ltd Company Information

Share YESSS (A) ELECTRICAL LTD

Company Number

07656807

Directors

Mark Abbey

Mark Nolan

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Shareholders

inter holding ii sarl

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

unit b foxbridge way, normanton industrial estate, normanton, west yorkshire, WF6 1TN

yesss (a) electrical ltd Estimated Valuation

£180.7m

Pomanda estimates the enterprise value of YESSS (A) ELECTRICAL LTD at £180.7m based on a Turnover of £156.5m and 1.15x industry multiple (adjusted for size and gross margin).

yesss (a) electrical ltd Estimated Valuation

£29.3m

Pomanda estimates the enterprise value of YESSS (A) ELECTRICAL LTD at £29.3m based on an EBITDA of £3.8m and a 7.71x industry multiple (adjusted for size and gross margin).

yesss (a) electrical ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of YESSS (A) ELECTRICAL LTD at £0 based on Net Assets of £-9.3m and 2.35x industry multiple (adjusted for liquidity).

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Yesss (a) Electrical Ltd Overview

Yesss (a) Electrical Ltd is a live company located in normanton, WF6 1TN with a Companies House number of 07656807. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 2011, it's largest shareholder is inter holding ii sarl with a 100% stake. Yesss (a) Electrical Ltd is a established, mega sized company, Pomanda has estimated its turnover at £156.5m with healthy growth in recent years.

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Yesss (a) Electrical Ltd Health Check

Pomanda's financial health check has awarded Yesss (A) Electrical Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £156.5m, make it larger than the average company (£1.9m)

£156.5m - Yesss (a) Electrical Ltd

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.9%)

8% - Yesss (a) Electrical Ltd

9.9% - Industry AVG

production

Production

with a gross margin of 29.1%, this company has a higher cost of product (46.5%)

29.1% - Yesss (a) Electrical Ltd

46.5% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (5.4%)

0.2% - Yesss (a) Electrical Ltd

5.4% - Industry AVG

employees

Employees

with 467 employees, this is above the industry average (17)

467 - Yesss (a) Electrical Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.9k, the company has an equivalent pay structure (£50.4k)

£51.9k - Yesss (a) Electrical Ltd

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £335.1k, this is more efficient (£117.8k)

£335.1k - Yesss (a) Electrical Ltd

£117.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (55 days)

77 days - Yesss (a) Electrical Ltd

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (32 days)

45 days - Yesss (a) Electrical Ltd

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 36 days, this is in line with average (31 days)

36 days - Yesss (a) Electrical Ltd

31 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)

1 weeks - Yesss (a) Electrical Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115%, this is a higher level of debt than the average (52.7%)

115% - Yesss (a) Electrical Ltd

52.7% - Industry AVG

YESSS (A) ELECTRICAL LTD financials

EXPORTms excel logo

Yesss (A) Electrical Ltd's latest turnover from April 2024 is £156.5 million and the company has net assets of -£9.3 million. According to their latest financial statements, Yesss (A) Electrical Ltd has 467 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Mar 2012
Turnover156,507,000162,708,000146,250,000122,928,000113,859,000123,844,000117,626,000106,092,000101,425,00086,695,00056,889,0004,628,0000
Other Income Or Grants0000000000000
Cost Of Sales110,907,000116,782,000104,436,00086,730,00078,822,00085,386,00083,828,00076,832,00073,042,00062,925,00042,455,0003,616,0000
Gross Profit45,600,00045,926,00041,814,00036,198,00035,037,00038,458,00033,798,00029,260,00028,383,00023,770,00014,434,0001,012,0000
Admin Expenses45,237,00044,539,00039,715,00037,471,00039,721,00041,467,00038,124,00033,064,00034,238,00031,606,00029,844,00017,713,0000
Operating Profit363,0001,387,0002,099,000-1,273,000-4,684,000-3,009,000-4,326,000-3,804,000-5,855,000-7,836,000-15,410,000-16,701,0000
Interest Payable2,001,0001,442,0001,122,0001,727,0003,034,0002,620,0002,359,0002,059,0001,785,0001,309,0001,303,000251,0000
Interest Receivable001,0000000000000
Pre-Tax Profit-1,638,000-55,000993,000-1,879,000-7,291,000-4,798,000-8,672,000-8,533,000-10,558,000-5,132,000-15,599,000-16,952,0000
Tax-19,000-16,000-37,0000000000000
Profit After Tax-1,657,000-71,000956,000-1,879,000-7,291,000-4,798,000-8,672,000-8,533,000-10,558,000-5,132,000-15,599,000-16,952,0000
Dividends Paid0000000000000
Retained Profit-1,657,000-71,000956,000-1,879,000-7,291,000-4,798,000-8,672,000-8,533,000-10,558,000-5,132,000-15,599,000-16,952,0000
Employee Costs24,237,00024,170,00022,573,00020,986,00020,643,00021,785,00020,030,00018,499,00017,974,00017,410,00017,899,0009,257,0000
Number Of Employees4674534404364995265254934884333771520
EBITDA*3,799,0005,843,0006,572,000182,000-3,221,000-1,588,000-2,908,000-2,363,000-4,322,000-6,070,000-13,873,000-16,274,0000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Mar 2012
Tangible Assets14,637,00011,082,00010,815,00013,328,00017,635,0006,235,0006,979,0007,928,0008,582,0009,980,00011,028,0007,554,0000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)118,000240,00000464,000480,000482,000482,000527,000514,000000
Total Fixed Assets14,755,00011,322,00010,815,00013,328,00018,099,0006,715,0007,461,0008,410,0009,109,00010,494,00011,028,0007,554,0000
Stock & work in progress11,006,00011,667,00012,327,0009,771,0008,329,0009,861,00010,687,0008,914,0008,704,0007,973,0008,318,0004,926,0000
Trade Debtors33,442,00037,057,00034,992,00027,876,00025,104,00025,468,00021,725,00024,034,00023,390,00020,251,00016,433,0003,293,0000
Group Debtors20,000393,0001,640,000181,00029,000229,0004,818,0001,378,0002,091,000177,000261,000502,0000
Misc Debtors2,110,0002,465,000713,0001,198,000758,0001,724,0002,877,0001,861,0002,156,0001,607,000806,0002,724,0000
Cash1,140,0001,196,000579,0001,885,0001,569,00080,000311,000564,0000410,00001,675,0000
misc current assets0000000000000
total current assets47,718,00052,778,00050,251,00040,911,00035,789,00037,362,00040,418,00036,751,00036,341,00030,418,00025,818,00013,120,0000
total assets62,473,00064,100,00061,066,00054,239,00053,888,00044,077,00047,879,00045,161,00045,450,00040,912,00036,846,00020,674,0000
Bank overdraft748,0003,370,000644,000000002,822,0000210,00000
Bank loan2,000,0005,000,0007,000,0005,715,0005,504,0001,714,0003,398,0003,051,0001,048,0001,466,0001,488,000414,0000
Trade Creditors 13,738,00015,665,00015,211,00015,067,0006,892,0008,805,00010,600,0008,419,00011,919,00010,151,0008,158,0008,052,0000
Group/Directors Accounts9,600,0003,246,000933,0002,829,0004,962,0003,531,0007,853,0001,894,0001,769,0001,645,0002,508,000597,0000
other short term finances18,378,00019,464,00021,614,00014,657,00016,481,00018,335,00017,317,00017,147,00012,215,0009,801,0006,970,0001,431,0000
hp & lease commitments2,793,0002,087,0002,414,0003,020,0003,130,00000000000
other current liabilities7,416,0008,105,0007,896,0007,030,0005,835,0006,158,0005,688,0005,897,0006,257,0007,164,0004,992,0002,355,0000
total current liabilities54,673,00056,937,00055,712,00048,318,00042,804,00038,543,00044,856,00036,408,00036,030,00030,227,00024,326,00012,849,0000
loans5,890,0005,890,0005,890,0005,890,00057,076,00056,069,00050,922,00047,779,00040,263,00030,970,00027,673,00021,379,0000
hp & lease commitments11,248,0008,954,0007,074,0008,597,00010,930,00000000000
Accruals and Deferred Income0000105,000149,000149,000350,00000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities17,138,00014,844,00012,964,00014,487,00068,111,00056,218,00051,071,00048,129,00040,263,00030,970,00027,673,00021,379,0000
total liabilities71,811,00071,781,00068,676,00062,805,000110,915,00094,761,00095,927,00084,537,00076,293,00061,197,00051,999,00034,228,0000
net assets-9,338,000-7,681,000-7,610,000-8,566,000-57,027,000-50,684,000-48,048,000-39,376,000-30,843,000-20,285,000-15,153,000-13,554,0000
total shareholders funds-9,338,000-7,681,000-7,610,000-8,566,000-57,027,000-50,684,000-48,048,000-39,376,000-30,843,000-20,285,000-15,153,000-13,554,0000
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Mar 2012
Operating Activities
Operating Profit363,0001,387,0002,099,000-1,273,000-4,684,000-3,009,000-4,326,000-3,804,000-5,855,000-7,836,000-15,410,000-16,701,0000
Depreciation3,436,0004,456,0004,473,0001,455,0001,463,0001,421,0001,418,0001,441,0001,533,0001,766,0001,537,000427,0000
Amortisation0000000000000
Tax-19,000-16,000-37,0000000000000
Stock-661,000-660,0002,556,0001,442,000-1,532,000-826,0001,773,000210,000731,000-345,0003,392,0004,926,0000
Debtors-4,465,0002,810,0008,090,0002,900,000-1,546,000-2,001,0002,147,000-409,0005,615,0005,049,00010,981,0006,519,0000
Creditors-1,927,000454,000144,0008,175,000-1,913,000-1,795,0002,181,000-3,500,0001,768,0001,993,000106,0008,052,0000
Accruals and Deferred Income-689,000209,000866,0001,090,000-367,000470,000-410,000-10,000-907,0002,172,0002,637,0002,355,0000
Deferred Taxes & Provisions0000000000000
Cash flow from operations6,290,0004,340,000-3,101,0005,105,000-2,423,000-86,000-5,057,000-5,674,000-9,807,000-6,609,000-25,503,000-17,312,0000
Investing Activities
capital expenditure-6,991,000-4,723,000-1,960,0002,852,000-12,863,000-677,000-469,000-787,000-135,000-724,000-5,078,000-6,660,0000
Change in Investments0000000000000
cash flow from investments-6,991,000-4,723,000-1,960,0002,852,000-12,863,000-677,000-469,000-787,000-135,000-724,000-5,078,000-6,660,0000
Financing Activities
Bank loans-3,000,000-2,000,0001,285,000211,0003,790,000-1,684,000347,0002,003,000-418,000-22,0001,074,000414,0000
Group/Directors Accounts6,354,0002,313,000-1,896,000-2,133,0001,431,000-4,322,0005,959,000125,000124,000-863,0001,911,000597,0000
Other Short Term Loans -1,086,000-2,150,0006,957,000-1,824,000-1,854,0001,018,000170,0004,932,0002,414,0002,831,0005,539,0001,431,0000
Long term loans000-51,186,0001,007,0005,147,0003,143,0007,516,0009,293,0003,297,0006,294,00021,379,0000
Hire Purchase and Lease Commitments3,000,0001,553,000-2,129,000-2,443,00014,060,00000000000
other long term liabilities0000000000000
share issue00050,340,000948,0002,162,000000014,000,0003,398,0000
interest-2,001,000-1,442,000-1,121,000-1,727,000-3,034,000-2,620,000-2,359,000-2,059,000-1,785,000-1,309,000-1,303,000-251,0000
cash flow from financing3,267,000-1,726,0003,096,000-8,762,00016,348,000-299,0007,260,00012,517,0009,628,0003,934,00027,515,00026,968,0000
cash and cash equivalents
cash-56,000617,000-1,306,000316,0001,489,000-231,000-253,000564,000-410,000410,000-1,675,0001,675,0000
overdraft-2,622,0002,726,000644,0000000-2,822,0002,822,000-210,000210,00000
change in cash2,566,000-2,109,000-1,950,000316,0001,489,000-231,000-253,0003,386,000-3,232,000620,000-1,885,0001,675,0000

yesss (a) electrical ltd 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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Yesss (a) Electrical Ltd Competitor Analysis

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Perform a competitor analysis for yesss (a) electrical ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in WF6 area or any other competitors across 12 key performance metrics.

yesss (a) electrical ltd Ownership

YESSS (A) ELECTRICAL LTD group structure

Yesss (A) Electrical Ltd has no subsidiary companies.

Ultimate parent company

INTER HOLDING II SARL

#0079555

1 parent

YESSS (A) ELECTRICAL LTD

07656807

YESSS (A) ELECTRICAL LTD Shareholders

inter holding ii sarl 100%

yesss (a) electrical ltd directors

Yesss (A) Electrical Ltd currently has 3 directors. The longest serving directors include Mr Mark Abbey (May 2014) and Mr Mark Nolan (May 2014).

officercountryagestartendrole
Mr Mark AbbeyUnited Kingdom62 years May 2014- Director
Mr Mark NolanUnited Kingdom60 years May 2014- Director
Mr Adam EmmottUnited Kingdom46 years Jan 2023- Director

P&L

April 2024

turnover

156.5m

-4%

operating profit

363k

-74%

gross margin

29.2%

+3.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

-9.3m

+0.22%

total assets

62.5m

-0.03%

cash

1.1m

-0.05%

net assets

Total assets minus all liabilities

yesss (a) electrical ltd company details

company number

07656807

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

June 2011

age

14

incorporated

UK

ultimate parent company

INTER HOLDING II SARL

accounts

Full Accounts

last accounts submitted

April 2024

previous names

your electrical supplies, service and solutions (a) limited (February 2017)

all electric solutions limited (September 2012)

accountant

-

auditor

SAGARS ACCOUNTANTS LTD

address

unit b foxbridge way, normanton industrial estate, normanton, west yorkshire, WF6 1TN

Bank

HSBC BANK PLC

Legal Advisor

HOGAN LOVELLS INTERNATIONAL LLP

yesss (a) electrical ltd 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 16 charges/mortgages relating to yesss (a) electrical ltd. Currently there are 8 open charges and 8 have been satisfied in the past.

yesss (a) electrical ltd 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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yesss (a) electrical ltd Companies House Filings - See Documents

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