tongue electrical services limited
tongue electrical services limited Company Information
Company Number
09049535
Website
-Registered Address
81 bardon road, coalville, leicestershire, LE67 4BF
Industry
Electrical installation
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Greg Tongue10 Years
Shareholders
greg tongue 100%
tongue electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of TONGUE ELECTRICAL SERVICES LIMITED at £240.1k based on a Turnover of £553.8k and 0.43x industry multiple (adjusted for size and gross margin).
tongue electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of TONGUE ELECTRICAL SERVICES LIMITED at £297.2k based on an EBITDA of £66.2k and a 4.49x industry multiple (adjusted for size and gross margin).
tongue electrical services limited Estimated Valuation
Pomanda estimates the enterprise value of TONGUE ELECTRICAL SERVICES LIMITED at £405.5k based on Net Assets of £132.9k and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tongue Electrical Services Limited Overview
Tongue Electrical Services Limited is a live company located in leicestershire, LE67 4BF with a Companies House number of 09049535. It operates in the electrical installation sector, SIC Code 43210. Founded in May 2014, it's largest shareholder is greg tongue with a 100% stake. Tongue Electrical Services Limited is a established, small sized company, Pomanda has estimated its turnover at £553.8k with high growth in recent years.
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Tongue Electrical Services Limited Health Check
Pomanda's financial health check has awarded Tongue Electrical Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £553.8k, make it smaller than the average company (£839.4k)
- Tongue Electrical Services Limited
£839.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7.4%)
- Tongue Electrical Services Limited
7.4% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (24.8%)
- Tongue Electrical Services Limited
24.8% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (6.5%)
- Tongue Electrical Services Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Tongue Electrical Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Tongue Electrical Services Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £553.8k, this is more efficient (£130k)
- Tongue Electrical Services Limited
£130k - Industry AVG
Debtor Days
it gets paid by customers after 148 days, this is later than average (57 days)
- Tongue Electrical Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (43 days)
- Tongue Electrical Services Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tongue Electrical Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tongue Electrical Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (63.5%)
41.8% - Tongue Electrical Services Limited
63.5% - Industry AVG
TONGUE ELECTRICAL SERVICES LIMITED financials
Tongue Electrical Services Limited's latest turnover from June 2023 is estimated at £553.8 thousand and the company has net assets of £132.9 thousand. According to their latest financial statements, Tongue Electrical Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,445 | 1,005 | 1,355 | 1,151 | 1,534 | 2,041 | 2,717 | 5,951 | 9,482 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,445 | 1,005 | 1,355 | 1,151 | 1,534 | 2,041 | 2,717 | 5,951 | 9,482 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 225,081 | 149,484 | 126,347 | 114,683 | 87,622 | 64,263 | 44,385 | 64,316 | 39,578 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,831 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 226,912 | 149,484 | 126,347 | 114,683 | 87,622 | 64,263 | 44,385 | 64,316 | 39,578 |
| total assets | 228,357 | 150,489 | 127,702 | 115,834 | 89,156 | 66,304 | 47,102 | 70,267 | 49,060 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 95,441 | 67,260 | 51,093 | 38,897 | 30,254 | 23,708 | 16,719 | 25,554 | 24,728 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 95,441 | 67,260 | 51,093 | 38,897 | 30,254 | 23,708 | 16,719 | 25,554 | 24,728 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 95,441 | 67,260 | 51,093 | 38,897 | 30,254 | 23,708 | 16,719 | 25,554 | 24,728 |
| net assets | 132,916 | 83,229 | 76,609 | 76,937 | 58,902 | 42,596 | 30,383 | 44,713 | 24,332 |
| total shareholders funds | 132,916 | 83,229 | 76,609 | 76,937 | 58,902 | 42,596 | 30,383 | 44,713 | 24,332 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 77,428 | 23,137 | 11,664 | 27,061 | 23,359 | 19,878 | -19,931 | 24,738 | 39,578 |
| Creditors | 28,181 | 16,167 | 12,196 | 8,643 | 6,546 | 6,989 | -8,835 | 826 | 24,728 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
tongue electrical services limited Credit Report and Business Information
Tongue Electrical Services Limited Competitor Analysis
Perform a competitor analysis for tongue electrical services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE67 area or any other competitors across 12 key performance metrics.
tongue electrical services limited Ownership
TONGUE ELECTRICAL SERVICES LIMITED group structure
Tongue Electrical Services Limited has no subsidiary companies.
Ultimate parent company
TONGUE ELECTRICAL SERVICES LIMITED
09049535
tongue electrical services limited directors
Tongue Electrical Services Limited currently has 1 director, Mr Greg Tongue serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Greg Tongue | United Kingdom | 60 years | May 2014 | - | Director |
P&L
June 2023turnover
553.8k
+54%
operating profit
66.2k
0%
gross margin
16.7%
-0.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
132.9k
+0.6%
total assets
228.4k
+0.52%
cash
0
0%
net assets
Total assets minus all liabilities
tongue electrical services limited company details
company number
09049535
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
May 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
81 bardon road, coalville, leicestershire, LE67 4BF
accountant
-
auditor
-
tongue electrical services 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 tongue electrical services limited.
tongue electrical services limited Companies House Filings - See Documents
| date | description | view/download |
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