steve smith electrical contractors ltdEstimated Valuation
£4.7m
Pomanda estimates the enterprise value of STEVE SMITH ELECTRICAL CONTRACTORS LTD at £4.7m based on a Turnover of £3m and 1.58x industry multiple (adjusted for size and gross margin).
steve smith electrical contractors ltdEstimated Valuation
£43.1k
Pomanda estimates the enterprise value of STEVE SMITH ELECTRICAL CONTRACTORS LTD at £43.1k based on an EBITDA of £9.7k and a 4.45x industry multiple (adjusted for size and gross margin).
steve smith electrical contractors ltdEstimated Valuation
£851.1k
Pomanda estimates the enterprise value of STEVE SMITH ELECTRICAL CONTRACTORS LTD at £851.1k based on Net Assets of £322.8k and 2.64x industry multiple (adjusted for liquidity).
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Steve Smith Electrical Contractors LtdOverview
Steve Smith Electrical Contractors Ltd is a live company located in ipswich, IP7 6RD with a Companies House number of 09570182. It operates in the trade of electricity sector, SIC Code 35140. Founded in April 2015, it's largest shareholder is
jacqueline smith
with a 50% stake. Steve Smith Electrical Contractors Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3m with
healthy
growth in recent years.
Steve Smith Electrical Contractors Ltd Health Check
Pomanda's financial health check has awarded Steve Smith Electrical Contractors Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £3m, make it smaller than the average company (£27.1m)
£3m - Steve Smith Electrical Contractors Ltd
£27.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a slower rate (24%)
12% - Steve Smith Electrical Contractors Ltd
24% - Industry AVG
Production
with a gross margin of 17.7%, this company has a comparable cost of product (17.7%)
17.7% - Steve Smith Electrical Contractors Ltd
17.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.3%)
0% - Steve Smith Electrical Contractors Ltd
4.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (25)
6 - Steve Smith Electrical Contractors Ltd
25 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£54.8k)
£54.8k - Steve Smith Electrical Contractors Ltd
£54.8k - Industry AVG
Efficiency
resulting in sales per employee of £496.4k, this is less efficient (£1.1m)
£496.4k - Steve Smith Electrical Contractors Ltd
£1.1m - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (26 days)
14 days - Steve Smith Electrical Contractors Ltd
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Steve Smith Electrical Contractors Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Steve Smith Electrical Contractors Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 179 weeks, this is more cash available to meet short term requirements (9 weeks)
179 weeks - Steve Smith Electrical Contractors Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.8%, this is a lower level of debt than the average (83.8%)
20.8% - Steve Smith Electrical Contractors Ltd
83.8% - Industry AVG
STEVE SMITH ELECTRICAL CONTRACTORS LTD financials
EXPORT
Steve Smith Electrical Contractors Ltd's latest turnover from April 2024 is estimated at £3 million and the company has net assets of £322.8 thousand. According to their latest financial statements, Steve Smith Electrical Contractors Ltd has 6 employees and maintains cash reserves of £257.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
2,978,500
3,781,167
1,412,780
2,127,858
1,201,992
2,197,371
1,425,643
1,066,849
607,460
Other Income Or Grants
Cost Of Sales
2,452,874
3,083,363
1,222,224
1,919,402
1,096,254
1,997,174
1,223,893
883,075
491,253
Gross Profit
525,627
697,804
190,556
208,455
105,738
200,197
201,751
183,774
116,206
Admin Expenses
524,602
600,469
165,966
138,038
47,399
155,370
180,394
155,553
75,201
Operating Profit
1,025
97,335
24,590
70,417
58,339
44,827
21,357
28,221
41,005
Interest Payable
872
1,102
413
Interest Receivable
12,689
8,132
1,065
125
82
315
204
101
107
Pre-Tax Profit
12,841
104,365
25,242
70,542
58,421
45,142
21,562
28,322
41,113
Tax
-3,210
-26,091
-4,796
-13,403
-11,100
-8,577
-4,097
-5,381
-8,222
Profit After Tax
9,631
78,274
20,446
57,139
47,321
36,565
17,465
22,941
32,890
Dividends Paid
Retained Profit
9,631
78,274
20,446
57,139
47,321
36,565
17,465
22,941
32,890
Employee Costs
329,085
525,298
331,813
320,311
267,591
251,604
202,841
188,840
33,071
Number Of Employees
6
10
8
8
7
7
6
6
1
EBITDA*
9,671
106,030
33,028
77,001
60,603
47,759
22,730
28,809
41,790
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
29,404
32,308
30,071
36,170
7,155
8,902
10,801
1,764
2,352
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
29,404
32,308
30,071
36,170
7,155
8,902
10,801
1,764
2,352
Stock & work in progress
Trade Debtors
118,632
138,099
111,709
98,936
85,359
123,008
69,268
59,177
52,179
Group Debtors
Misc Debtors
2,000
5,912
29,800
21,821
10,350
10,350
4,682
2,500
4,457
Cash
257,519
225,853
156,844
127,168
123,397
39,993
44,015
37,780
42,982
misc current assets
total current assets
378,151
369,864
298,353
247,925
219,106
173,351
117,965
99,457
99,618
total assets
407,555
402,172
328,424
284,095
226,261
182,253
128,766
101,221
101,970
Bank overdraft
3,000
2,962
2,886
Bank loan
Trade Creditors
54
1,865
18,193
Group/Directors Accounts
other short term finances
hp & lease commitments
1,892
7,135
8,783
2,750
2,750
2,750
6,522
other current liabilities
71,551
71,607
66,511
44,992
60,712
62,808
42,908
45,037
43,894
total current liabilities
74,551
76,461
76,586
53,775
65,327
65,558
45,658
45,037
68,609
loans
3,250
6,289
9,365
hp & lease commitments
1,892
9,026
2,292
5,042
7,792
Accruals and Deferred Income
other liabilities
provisions
6,982
6,281
5,714
6,873
1,360
1,692
2,020
353
471
total long term liabilities
10,232
12,570
16,971
15,899
3,652
6,734
9,812
353
471
total liabilities
84,783
89,031
93,557
69,674
68,979
72,292
55,470
45,390
69,080
net assets
322,772
313,141
234,867
214,421
157,282
109,961
73,296
55,831
32,890
total shareholders funds
322,772
313,141
234,867
214,421
157,282
109,961
73,296
55,831
32,890
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
1,025
97,335
24,590
70,417
58,339
44,827
21,357
28,221
41,005
Depreciation
8,646
8,695
8,438
6,584
2,264
2,932
1,373
588
785
Amortisation
Tax
-3,210
-26,091
-4,796
-13,403
-11,100
-8,577
-4,097
-5,381
-8,222
Stock
Debtors
-23,379
2,502
20,752
25,048
-37,649
59,408
12,273
5,041
56,636
Creditors
-54
54
-1,865
1,865
-18,193
18,193
Accruals and Deferred Income
-56
5,096
21,519
-15,720
-2,096
19,900
-2,129
1,143
43,894
Deferred Taxes & Provisions
701
567
-1,159
5,513
-332
-328
1,667
-118
471
Cash flow from operations
30,485
83,046
27,894
26,478
86,589
-654
5,898
1,219
39,490
Investing Activities
capital expenditure
-5,742
-10,932
-2,339
-35,599
-517
-1,033
-10,410
-3,137
Change in Investments
cash flow from investments
-5,742
-10,932
-2,339
-35,599
-517
-1,033
-10,410
-3,137
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-3,039
-3,076
9,365
Hire Purchase and Lease Commitments
-1,892
-7,135
-8,782
12,767
-2,750
-2,750
10,542
-6,522
6,522
other long term liabilities
share issue
100
interest
11,817
7,030
652
125
82
315
204
101
107
cash flow from financing
6,886
-3,181
1,235
12,892
-2,668
-2,335
10,746
-6,421
6,629
cash and cash equivalents
cash
31,666
69,009
29,676
3,771
83,404
-4,022
6,235
-5,202
42,982
overdraft
38
76
2,886
change in cash
31,628
68,933
26,790
3,771
83,404
-4,022
6,235
-5,202
42,982
steve smith electrical contractors 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 steve smith electrical contractors ltd. Get real-time insights into steve smith electrical contractors ltd's credit score, group structure and payment trends.
Steve Smith Electrical Contractors Ltd Competitor Analysis
Perform a competitor analysis for steve smith electrical contractors ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in IP7 area or any other competitors across 12 key performance metrics.
steve smith electrical contractors ltd Ownership
STEVE SMITH ELECTRICAL CONTRACTORS LTD group structure
Steve Smith Electrical Contractors Ltd has no subsidiary companies.
Ultimate parent company
STEVE SMITH ELECTRICAL CONTRACTORS LTD
09570182
STEVE SMITH ELECTRICAL CONTRACTORS LTD Shareholders
The largest shareholders in Steve Smith Electrical Contractors Ltd include Jacqueline Smith and Steven Smith.
jacqueline smith
50%
steven smith
50%
steve smith electrical contractors ltd directors
Steve Smith Electrical Contractors Ltd currently has 2 directors.
The longest serving directors include
Mrs Jacqueline Smith (Apr 2015) and
Mr Steven Smith (Apr 2015).
steve smith electrical contractors 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 steve smith electrical contractors ltd.
steve smith electrical contractors 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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steve smith electrical contractors ltdCompanies House Filings - See Documents
