elex-tech ltd
elex-tech ltd Company Information
Company Number
09237436
Website
-Registered Address
2 the bungalows school lane, horton kirby, dartford, kent, DA4 9DG
Industry
Electrical installation
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
jade goodrich 50%
james goodrich 50%
elex-tech ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEX-TECH LTD at £242.4k based on a Turnover of £559k and 0.43x industry multiple (adjusted for size and gross margin).
elex-tech ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEX-TECH LTD at £224.2k based on an EBITDA of £50k and a 4.49x industry multiple (adjusted for size and gross margin).
elex-tech ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEX-TECH LTD at £74.7k based on Net Assets of £24.5k and 3.05x industry multiple (adjusted for liquidity).
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Elex-tech Ltd Overview
Elex-tech Ltd is a live company located in dartford, DA4 9DG with a Companies House number of 09237436. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2014, it's largest shareholder is jade goodrich with a 50% stake. Elex-tech Ltd is a established, small sized company, Pomanda has estimated its turnover at £559k with rapid growth in recent years.
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Elex-tech Ltd Health Check
Pomanda's financial health check has awarded Elex-Tech 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
4 Strong
1 Regular
5 Weak
Size
annual sales of £559k, make it smaller than the average company (£838.5k)
- Elex-tech Ltd
£838.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (8%)
- Elex-tech Ltd
8% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (25.5%)
- Elex-tech Ltd
25.5% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.6%)
- Elex-tech Ltd
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Elex-tech Ltd
11 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Elex-tech Ltd
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £279.5k, this is more efficient (£133.1k)
- Elex-tech Ltd
£133.1k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (59 days)
- Elex-tech Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (42 days)
- Elex-tech Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elex-tech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elex-tech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.5%, this is a higher level of debt than the average (61%)
87.5% - Elex-tech Ltd
61% - Industry AVG
ELEX-TECH LTD financials
Elex-Tech Ltd's latest turnover from September 2023 is estimated at £559 thousand and the company has net assets of £24.5 thousand. According to their latest financial statements, Elex-Tech Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 2 | 3 | 3 | 2 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,410 | 9,929 | 10,176 | 7,591 | 11,498 | 17,860 | 24,337 | 3,821 | 4,797 |
| 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 | 32,410 | 9,929 | 10,176 | 7,591 | 11,498 | 17,860 | 24,337 | 3,821 | 4,797 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 163,501 | 56,489 | 71,537 | 39,862 | 36,235 | 22,633 | 3,066 | 43,204 | 11,516 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 9,576 | 17,264 | 21,181 | 11,587 | 2,025 |
| Cash | 0 | 0 | 0 | 19,539 | 10,397 | 3,778 | 2,793 | 13,963 | 934 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 163,501 | 56,489 | 71,537 | 59,401 | 56,208 | 43,675 | 27,040 | 68,754 | 14,475 |
| total assets | 195,911 | 66,418 | 81,713 | 66,992 | 67,706 | 61,535 | 51,377 | 72,575 | 19,272 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 171,440 | 79,411 | 45,147 | 58,154 | 23,391 | 26,145 | 15,333 | 13,638 | 5,001 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 29,121 | 24,089 | 627 | 13,067 | 9,491 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 4,800 | 4,800 | 4,800 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 8,532 | 9,168 | 6,427 | 28,980 | 4,729 |
| total current liabilities | 171,440 | 79,411 | 45,147 | 58,154 | 65,844 | 64,202 | 27,187 | 55,685 | 19,221 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 10,566 | 15,366 | 20,166 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 38,880 | 29,500 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 38,880 | 29,500 | 10,566 | 15,366 | 20,166 | 0 | 0 |
| total liabilities | 171,440 | 79,411 | 84,027 | 87,654 | 76,410 | 79,568 | 47,353 | 55,685 | 19,221 |
| net assets | 24,471 | -12,993 | -2,314 | -20,662 | -8,704 | -18,033 | 4,024 | 16,890 | 51 |
| total shareholders funds | 24,471 | -12,993 | -2,314 | -20,662 | -8,704 | -18,033 | 4,024 | 16,890 | 51 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,115 | 6,156 | 7,102 | 7,057 | 7,385 | 1,580 | 1,379 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 107,012 | -15,048 | 31,675 | -5,949 | 5,914 | 15,650 | -30,544 | 41,250 | 13,541 |
| Creditors | 92,029 | 34,264 | -13,007 | 34,763 | -2,754 | 10,812 | 1,695 | 8,637 | 5,001 |
| Accruals and Deferred Income | 0 | 0 | 0 | -8,532 | -636 | 2,741 | -22,553 | 24,251 | 4,729 |
| 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 | -29,121 | 5,032 | 23,462 | -12,440 | 3,576 | 9,491 |
| 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 | -15,366 | -4,800 | -4,800 | 24,966 | 0 | 0 |
| other long term liabilities | 0 | -38,880 | 9,380 | 29,500 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | -19,539 | 9,142 | 6,619 | 985 | -11,170 | 13,029 | 934 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -19,539 | 9,142 | 6,619 | 985 | -11,170 | 13,029 | 934 |
elex-tech ltd Credit Report and Business Information
Elex-tech Ltd Competitor Analysis
Perform a competitor analysis for elex-tech ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DA4 area or any other competitors across 12 key performance metrics.
elex-tech ltd Ownership
ELEX-TECH LTD group structure
Elex-Tech Ltd has no subsidiary companies.
Ultimate parent company
ELEX-TECH LTD
09237436
elex-tech ltd directors
Elex-Tech Ltd currently has 2 directors. The longest serving directors include Mr James Goodrich (Sep 2014) and Mrs Jade Goodrich (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Goodrich | England | 43 years | Sep 2014 | - | Director |
| Mrs Jade Goodrich | United Kingdom | 41 years | Feb 2017 | - | Director |
P&L
September 2023turnover
559k
+122%
operating profit
50k
0%
gross margin
16.6%
-0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
24.5k
-2.88%
total assets
195.9k
+1.95%
cash
0
0%
net assets
Total assets minus all liabilities
elex-tech ltd company details
company number
09237436
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
September 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
2 the bungalows school lane, horton kirby, dartford, kent, DA4 9DG
Bank
-
Legal Advisor
-
elex-tech 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 elex-tech ltd.
elex-tech ltd Companies House Filings - See Documents
| date | description | view/download |
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