Pomanda estimates the enterprise value of CONTACT T/A CONTACT SOLAR LTD at £4.4m based on a Turnover of £13.6m and 0.32x industry multiple (adjusted for size and gross margin).
contact t/a contact solar ltdEstimated Valuation
£12.1m
Pomanda estimates the enterprise value of CONTACT T/A CONTACT SOLAR LTD at £12.1m based on an EBITDA of £2.7m and a 4.45x industry multiple (adjusted for size and gross margin).
contact t/a contact solar ltdEstimated Valuation
£5.6m
Pomanda estimates the enterprise value of CONTACT T/A CONTACT SOLAR LTD at £5.6m based on Net Assets of £2.9m and 1.98x industry multiple (adjusted for liquidity).
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Contact T/a Contact Solar LtdOverview
Contact T/a Contact Solar Ltd is a live company located in lancs, PR2 3AE with a Companies House number of 08847741. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in January 2014, it's largest shareholder is
edf energy customers limited
with a 100% stake. Contact T/a Contact Solar Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£13.6m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Contact T/A Contact Solar Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
2 Regular
1 Weak
Size
annual sales of £13.6m, make it larger than the average company (£2.5m)
£13.6m - Contact T/a Contact Solar Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 87%, show it is growing at a faster rate (15%)
87% - Contact T/a Contact Solar Ltd
15% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (33.4%)
38.4% - Contact T/a Contact Solar Ltd
33.4% - Industry AVG
Profitability
an operating margin of 18% make it more profitable than the average company (7%)
18% - Contact T/a Contact Solar Ltd
7% - Industry AVG
Employees
with 27 employees, this is above the industry average (13)
27 - Contact T/a Contact Solar Ltd
13 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)
£53.4k - Contact T/a Contact Solar Ltd
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £504.1k, this is more efficient (£261.9k)
£504.1k - Contact T/a Contact Solar Ltd
£261.9k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (38 days)
17 days - Contact T/a Contact Solar Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (27 days)
34 days - Contact T/a Contact Solar Ltd
27 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (13 days)
48 days - Contact T/a Contact Solar Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 65 weeks, this is more cash available to meet short term requirements (17 weeks)
65 weeks - Contact T/a Contact Solar Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (77.9%)
38.2% - Contact T/a Contact Solar Ltd
77.9% - Industry AVG
CONTACT T/A CONTACT SOLAR LTD financials
EXPORT
Contact T/A Contact Solar Ltd's latest turnover from January 2024 is £13.6 million and the company has net assets of £2.9 million. According to their latest financial statements, Contact T/A Contact Solar Ltd has 27 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Turnover
13,609,823
13,356,936
2,855,223
2,080,598
809,835
375,961
443,778
705,403
1,417,154
821,833
Other Income Or Grants
Cost Of Sales
8,385,237
8,803,605
2,115,246
1,584,494
604,360
256,878
311,891
545,558
1,115,731
679,733
Gross Profit
5,224,586
4,553,331
739,977
496,104
205,476
119,083
131,887
159,845
301,423
142,100
Admin Expenses
2,775,621
1,600,047
259,287
211,689
60,718
40,012
136,218
359,650
-19,070
145,402
Operating Profit
2,448,965
2,953,284
480,690
284,415
144,758
79,071
-4,331
-199,805
320,493
-3,302
Interest Payable
1,427
15,572
5,048
1,525
Interest Receivable
10,261
1,732
275
827
344
248
807
1,627
124
Pre-Tax Profit
2,457,799
2,937,712
477,374
283,165
145,585
79,415
-4,083
-198,998
322,120
-3,178
Tax
-676,004
-566,827
-90,701
-53,801
-27,661
-15,089
-64,424
Profit After Tax
1,781,795
2,370,885
386,673
229,364
117,924
64,326
-4,083
-198,998
257,696
-3,178
Dividends Paid
259,230
1,892,195
Retained Profit
1,522,565
478,690
386,673
229,364
117,924
64,326
-4,083
-198,998
257,696
-3,178
Employee Costs
1,442,411
810,775
452,544
377,467
201,539
156,218
173,685
366,144
232,048
189,593
Number Of Employees
27
18
8
7
4
3
4
6
5
4
EBITDA*
2,716,807
2,987,966
489,523
286,976
149,416
82,278
4,144
-186,748
331,518
-3,141
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Tangible Assets
183,392
160,843
25,575
2,623
1,109
3,158
15,224
23,099
38,988
382
Intangible Assets
1,036
990
1,980
2,970
3,960
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
184,428
161,833
27,555
5,593
5,069
3,158
15,224
23,099
38,988
382
Stock & work in progress
1,118,229
2,542,119
185,000
97,300
82,360
50,000
2,500
2,500
700
47,392
Trade Debtors
655,611
1,000,444
416,644
315,124
77,310
21,347
19,483
27,252
46,239
37,053
Group Debtors
18,117
105,721
30,688
31,034
31,322
40,735
4,141
Misc Debtors
494,273
521,967
71,796
41,846
30,068
13,149
15,134
29,066
41,247
Cash
2,145,162
1,429,562
1,018,857
366,593
183,789
36,741
54,928
44,190
601,095
49,631
misc current assets
total current assets
4,431,392
5,599,813
1,692,297
851,551
404,561
152,559
132,780
107,149
689,281
134,076
total assets
4,615,820
5,761,646
1,719,852
857,144
409,630
155,717
148,004
130,248
728,269
134,458
Bank overdraft
10,162
10,000
10,000
6,667
Bank loan
Trade Creditors
795,584
574,570
443,588
134,539
122,574
3,487
79,582
53,786
352,915
137,616
Group/Directors Accounts
1,781,906
3,027
19,460
9,358
236
other short term finances
68,199
hp & lease commitments
3,554
3,554
8,333
other current liabilities
899,185
2,012,751
307,102
189,576
43,780
35,612
4,002
2,678
93,921
total current liabilities
1,704,931
4,379,227
831,916
350,242
175,712
39,335
87,138
60,018
455,169
137,616
loans
13,950
23,333
33,333
43,333
hp & lease commitments
6,516
10,070
10,764
Accruals and Deferred Income
other liabilities
provisions
45,848
30,560
4,859
498
211
599
2,893
4,620
7,798
total long term liabilities
59,798
53,893
38,192
43,831
211
599
9,409
14,690
18,562
total liabilities
1,764,729
4,433,120
870,108
394,073
175,923
39,934
96,547
74,708
473,731
137,616
net assets
2,851,091
1,328,526
849,744
463,071
233,707
115,783
51,457
55,540
254,538
-3,158
total shareholders funds
2,851,091
1,328,526
849,744
463,071
233,707
115,783
51,457
55,540
254,538
-3,158
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Operating Activities
Operating Profit
2,448,965
2,953,284
480,690
284,415
144,758
79,071
-4,331
-199,805
320,493
-3,302
Depreciation
49,093
33,692
7,843
1,571
3,668
3,207
8,475
13,057
11,025
161
Amortisation
218,749
990
990
990
990
Tax
-676,004
-566,827
-90,701
-53,801
-27,661
-15,089
-64,424
Stock
-1,423,890
2,357,119
87,700
14,940
32,360
47,500
1,800
-46,692
47,392
Debtors
-460,131
1,139,692
100,782
249,246
72,594
-9,534
14,893
-27,027
50,433
37,053
Creditors
221,014
130,982
309,049
11,965
119,087
-76,095
25,796
-299,129
215,299
137,616
Accruals and Deferred Income
-1,113,566
1,705,649
117,526
145,796
8,168
31,610
1,324
-91,243
93,921
Deferred Taxes & Provisions
15,288
25,701
4,361
287
-388
-2,294
-1,727
-3,178
7,798
Cash flow from operations
3,047,560
786,660
641,276
127,037
143,668
-17,556
14,644
-555,071
580,371
50,030
Investing Activities
capital expenditure
-290,437
-168,960
-30,795
-3,085
-6,569
8,859
-600
2,832
-49,631
-543
Change in Investments
cash flow from investments
-290,437
-168,960
-30,795
-3,085
-6,569
8,859
-600
2,832
-49,631
-543
Financing Activities
Bank loans
Group/Directors Accounts
-1,781,906
1,778,879
-16,433
10,102
9,122
236
Other Short Term Loans
-68,199
68,199
Long term loans
-9,383
-10,000
-10,000
43,333
Hire Purchase and Lease Commitments
-10,070
-3,554
-5,473
19,097
other long term liabilities
share issue
92
20
interest
8,834
-15,572
-3,316
-1,250
827
344
248
807
1,627
124
cash flow from financing
-1,782,455
1,685,200
38,450
52,185
9,949
-9,490
-3,306
-4,666
20,724
144
cash and cash equivalents
cash
715,600
410,705
652,264
182,804
147,048
-18,187
10,738
-556,905
551,464
49,631
overdraft
162
3,333
6,667
change in cash
715,438
410,705
648,931
176,137
147,048
-18,187
10,738
-556,905
551,464
49,631
contact t/a contact solar ltd 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 contact t/a contact solar ltd. Get real-time insights into contact t/a contact solar ltd's credit score, group structure and payment trends.
Perform a competitor analysis for contact t/a contact solar ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in PR2 area or any other competitors across 12 key performance metrics.
contact t/a contact solar ltd Ownership
CONTACT T/A CONTACT SOLAR LTD group structure
Contact T/A Contact Solar Ltd has no subsidiary companies.
The sole shareholder of Contact T/A Contact Solar Ltd is Edf Energy Customers Limited.
edf energy customers limited
100%
contact t/a contact solar ltd directors
Contact T/A Contact Solar Ltd currently has 6 directors.
The longest serving directors include
Mr Adam Swarbrick (Jan 2014) and
Mr Thomas Taylor (Sep 2022).
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 contact t/a contact solar ltd.
contact t/a contact solar 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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contact t/a contact solar ltdCompanies House Filings - See Documents
