mjb electrical & solar services ltd

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mjb electrical & solar services ltd Company Information

Share MJB ELECTRICAL & SOLAR SERVICES LTD

Company Number

07945591

Directors

Mark Bond

Shareholders

mark james bond

helena dianne bond

Group Structure

View All

Industry

Electrical installation

 

Registered Address

22 summerland lane, newton, swansea, SA3 4UJ

mjb electrical & solar services ltd Estimated Valuation

£103.3k

Pomanda estimates the enterprise value of MJB ELECTRICAL & SOLAR SERVICES LTD at £103.3k based on a Turnover of £322.5k and 0.32x industry multiple (adjusted for size and gross margin).

mjb electrical & solar services ltd Estimated Valuation

£83.8k

Pomanda estimates the enterprise value of MJB ELECTRICAL & SOLAR SERVICES LTD at £83.8k based on an EBITDA of £23.1k and a 3.63x industry multiple (adjusted for size and gross margin).

mjb electrical & solar services ltd Estimated Valuation

£78.3k

Pomanda estimates the enterprise value of MJB ELECTRICAL & SOLAR SERVICES LTD at £78.3k based on Net Assets of £30.3k and 2.58x industry multiple (adjusted for liquidity).

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Mjb Electrical & Solar Services Ltd Overview

Mjb Electrical & Solar Services Ltd is a live company located in swansea, SA3 4UJ with a Companies House number of 07945591. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2012, it's largest shareholder is mark james bond with a 60% stake. Mjb Electrical & Solar Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £322.5k with declining growth in recent years.

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Mjb Electrical & Solar Services Ltd Health Check

Pomanda's financial health check has awarded Mjb Electrical & Solar Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £322.5k, make it smaller than the average company (£1.9m)

£322.5k - Mjb Electrical & Solar Services Ltd

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (11.1%)

-10% - Mjb Electrical & Solar Services Ltd

11.1% - Industry AVG

production

Production

with a gross margin of 16.8%, this company has a higher cost of product (26.4%)

16.8% - Mjb Electrical & Solar Services Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of 7.2% make it as profitable than the average company (6.8%)

7.2% - Mjb Electrical & Solar Services Ltd

6.8% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (16)

6 - Mjb Electrical & Solar Services Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)

£44.6k - Mjb Electrical & Solar Services Ltd

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.8k, this is less efficient (£148.2k)

£53.8k - Mjb Electrical & Solar Services Ltd

£148.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (56 days)

79 days - Mjb Electrical & Solar Services Ltd

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 85 days, this is slower than average (41 days)

85 days - Mjb Electrical & Solar Services Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mjb Electrical & Solar Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mjb Electrical & Solar Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (58.9%)

75.6% - Mjb Electrical & Solar Services Ltd

58.9% - Industry AVG

MJB ELECTRICAL & SOLAR SERVICES LTD financials

EXPORTms excel logo

Mjb Electrical & Solar Services Ltd's latest turnover from February 2024 is estimated at £322.5 thousand and the company has net assets of £30.3 thousand. According to their latest financial statements, Mjb Electrical & Solar Services Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Turnover322,549295,495354,426442,131333,431298,309205,812129,85250,272154,155118,46798,269
Other Income Or Grants
Cost Of Sales268,466245,872295,664371,057275,977247,061168,585106,11340,708125,51296,34978,865
Gross Profit54,08349,62358,76271,07457,45451,24837,22623,7399,56428,64322,11819,404
Admin Expenses31,02761,24227,28586,25652,48960,58244,150-7,8229,05128,40129,0419,944
Operating Profit23,056-11,61931,477-15,1824,965-9,334-6,92431,561513242-6,9239,460
Interest Payable
Interest Receivable353912215512953
Pre-Tax Profit23,056-11,61931,477-15,1824,965-9,334-6,88931,600635397-6,7949,513
Tax-5,764-5,981-943-6,320-127-83-2,283
Profit After Tax17,292-11,61925,496-15,1824,022-9,334-6,88925,280508314-6,7947,230
Dividends Paid
Retained Profit17,292-11,61925,496-15,1824,022-9,334-6,88925,280508314-6,7947,230
Employee Costs267,362290,350279,378238,733164,009161,701116,579121,18039,60639,75337,56536,713
Number Of Employees677644331111
EBITDA*23,056-11,61931,477-15,1824,965-9,334-6,92438,2646,4781,213-5,95210,151

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Tangible Assets54,41644,34151,65636,05348,43038,20842,83716,46616,0951,6032,5742,426
Intangible Assets9,00010,00010,00010,00010,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets54,41644,34151,65636,05348,43038,20842,83725,46626,09511,60312,57412,426
Stock & work in progress3,8677,29716,8361,841954
Trade Debtors69,97055,37688,313127,71776,98764,96948,57939,10510,17218,08618,35718,110
Group Debtors
Misc Debtors1,3661,969
Cash14,04117,14231,80630,31621,305
misc current assets
total current assets69,97055,37688,313127,71776,98764,96948,57958,37936,58066,72850,51440,369
total assets124,38699,717139,969163,770125,417103,17791,41683,84562,67578,33163,08852,795
Bank overdraft
Bank loan
Trade Creditors 62,92761,60470,230106,52491,49682,41153,1164,76813,45677,25962,13645,026
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities49,14644,642
total current liabilities62,92761,60470,230106,52491,49682,41153,11653,91458,09877,25962,13645,026
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities31,13525,08145,08858,09119,58410,45118,651
provisions3,2933,219321515538
total long term liabilities31,13525,08145,08858,09119,58410,45118,6513,2933,219321515538
total liabilities94,06286,685115,318164,615111,08092,86271,76757,20761,31777,58062,65145,564
net assets30,32413,03224,651-84514,33710,31519,64926,6381,3587514377,231
total shareholders funds30,32413,03224,651-84514,33710,31519,64926,6381,3587514377,231
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Operating Activities
Operating Profit23,056-11,61931,477-15,1824,965-9,334-6,92431,561513242-6,9239,460
Depreciation5,7035,965971971691
Amortisation1,000
Tax-5,764-5,981-943-6,320-127-83-2,283
Stock-3,867-3,430-9,53914,995887954
Debtors14,594-32,937-39,40450,73012,01816,3908,10828,330-5,945-27124718,110
Creditors1,323-8,626-36,29415,0289,08529,29548,348-8,688-63,80315,12317,11045,026
Accruals and Deferred Income-49,1464,50444,642
Deferred Taxes & Provisions-3,293742,898-194-23538
Cash flow from operations4,02112,69228,606-50,8841,0893,571-15,2562,9345,5721,33510,00134,368
Investing Activities
capital expenditure-10,0757,315-15,60312,377-10,2224,629-17,371-6,074-20,457-1,119-13,117
Change in Investments
cash flow from investments-10,0757,315-15,60312,377-10,2224,629-17,371-6,074-20,457-1,119-13,117
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities6,054-20,007-13,00338,5079,133-8,20018,651
share issue-100991
interest353912215512953
cash flow from financing6,054-20,007-13,00338,5079,133-8,20018,5863922115512954
cash and cash equivalents
cash-14,041-3,101-14,6641,4909,01121,305
overdraft
change in cash-14,041-3,101-14,6641,4909,01121,305

mjb electrical & solar services 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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Mjb Electrical & Solar Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mjb electrical & solar services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SA3 area or any other competitors across 12 key performance metrics.

mjb electrical & solar services ltd Ownership

MJB ELECTRICAL & SOLAR SERVICES LTD group structure

Mjb Electrical & Solar Services Ltd has no subsidiary companies.

Ultimate parent company

MJB ELECTRICAL & SOLAR SERVICES LTD

07945591

MJB ELECTRICAL & SOLAR SERVICES LTD Shareholders

mark james bond 60%
helena dianne bond 40%

mjb electrical & solar services ltd directors

Mjb Electrical & Solar Services Ltd currently has 1 director, Mr Mark Bond serving since Feb 2012.

officercountryagestartendrole
Mr Mark BondUnited Kingdom43 years Feb 2012- Director

P&L

February 2024

turnover

322.5k

+9%

operating profit

23.1k

0%

gross margin

16.8%

-0.15%

turnover

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

Balance Sheet

February 2024

net assets

30.3k

+1.33%

total assets

124.4k

+0.25%

cash

0

0%

net assets

Total assets minus all liabilities

mjb electrical & solar services ltd company details

company number

07945591

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

February 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

22 summerland lane, newton, swansea, SA3 4UJ

Bank

-

Legal Advisor

-

mjb electrical & solar services 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 did not find charges/mortgages relating to mjb electrical & solar services ltd.

mjb electrical & solar services 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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mjb electrical & solar services ltd Companies House Filings - See Documents

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