southeast electrical contractors group ltd

3.5

southeast electrical contractors group ltd Company Information

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Company Number

09677779

Registered Address

first floor 81-85 high street, brentwood, essex, CM14 4RR

Industry

Electrical installation

 

Telephone

441708750940

Next Accounts Due

March 2024

Group Structure

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Directors

Stuart Stanley8 Years

Matthew Corbett8 Years

Shareholders

matthew corbett 50%

stuart stanley 50%

southeast electrical contractors group ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD at £2.1m based on a Turnover of £5m and 0.42x industry multiple (adjusted for size and gross margin).

southeast electrical contractors group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD at £0 based on an EBITDA of £-33.1k and a 4.81x industry multiple (adjusted for size and gross margin).

southeast electrical contractors group ltd Estimated Valuation

£708.9k

Pomanda estimates the enterprise value of SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD at £708.9k based on Net Assets of £211.7k and 3.35x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from June 2022 

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Southeast Electrical Contractors Group Ltd Overview

Southeast Electrical Contractors Group Ltd is a live company located in essex, CM14 4RR with a Companies House number of 09677779. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2015, it's largest shareholder is matthew corbett with a 50% stake. Southeast Electrical Contractors Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £5m with declining growth in recent years.

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Southeast Electrical Contractors Group Ltd Health Check

Pomanda's financial health check has awarded Southeast Electrical Contractors Group 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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £5m, make it larger than the average company (£883k)

£5m - Southeast Electrical Contractors Group Ltd

£883k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.6%)

-11% - Southeast Electrical Contractors Group Ltd

4.6% - Industry AVG

production

Production

with a gross margin of 25.1%, this company has a comparable cost of product (25.1%)

25.1% - Southeast Electrical Contractors Group Ltd

25.1% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (6%)

-1.6% - Southeast Electrical Contractors Group Ltd

6% - Industry AVG

employees

Employees

with 13 employees, this is similar to the industry average (11)

13 - Southeast Electrical Contractors Group Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)

£39.3k - Southeast Electrical Contractors Group Ltd

£39.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £382.9k, this is more efficient (£121.9k)

£382.9k - Southeast Electrical Contractors Group Ltd

£121.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (59 days)

3 days - Southeast Electrical Contractors Group Ltd

59 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (43 days)

48 days - Southeast Electrical Contractors Group Ltd

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 91 days, this is more than average (6 days)

91 days - Southeast Electrical Contractors Group Ltd

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)

1 weeks - Southeast Electrical Contractors Group Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.3%, this is a higher level of debt than the average (66.6%)

84.3% - Southeast Electrical Contractors Group Ltd

66.6% - Industry AVG

southeast electrical contractors group ltd Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Southeast Electrical Contractors Group Ltd Competitor Analysis

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southeast electrical contractors group ltd Ownership

SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD group structure

Southeast Electrical Contractors Group Ltd has 3 subsidiary companies.

Ultimate parent company

SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD

09677779

3 subsidiaries

SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD Shareholders

matthew corbett 50%
stuart stanley 50%

southeast electrical contractors group ltd directors

Southeast Electrical Contractors Group Ltd currently has 2 directors. The longest serving directors include Mr Stuart Stanley (Jul 2015) and Mr Matthew Corbett (Jul 2015).

officercountryagestartendrole
Mr Stuart StanleyEngland49 years Jul 2015- Director
Mr Matthew CorbettUnited Kingdom52 years Jul 2015- Director

SOUTHEAST ELECTRICAL CONTRACTORS GROUP LTD financials

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Southeast Electrical Contractors Group Ltd's latest turnover from June 2022 is estimated at £5 million and the company has net assets of £211.7 thousand. According to their latest financial statements, Southeast Electrical Contractors Group Ltd has 13 employees and maintains cash reserves of £23.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover4,977,9417,604,2455,373,1336,952,6232,017,4533,114,641779,460
Other Income Or Grants0000000
Cost Of Sales3,730,6935,758,4074,024,6135,118,2171,460,1822,233,033552,547
Gross Profit1,247,2481,845,8381,348,5201,834,406557,271881,608226,913
Admin Expenses1,328,5412,009,8571,226,0741,613,394346,717898,698199,893
Operating Profit-81,293-164,019122,446221,012210,554-17,09027,020
Interest Payable0000000
Interest Receivable6153003961,869644102139
Pre-Tax Profit-80,678-163,719122,842222,881211,199-16,98827,159
Tax00-23,340-42,347-40,1280-5,432
Profit After Tax-80,678-163,71999,502180,534171,071-16,98821,727
Dividends Paid0000000
Retained Profit-80,678-163,71999,502180,534171,071-16,98821,727
Employee Costs510,757744,355846,518526,243352,869197,791241,073
Number Of Employees13192213956
EBITDA*-33,139-99,069167,788265,061226,630-13,01830,432

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets281,281324,51281,769107,673140,3997,14110,888
Intangible Assets11,0253,8476,1958,543000
Investments & Other348000000
Debtors (Due After 1 year)0000000
Total Fixed Assets292,654328,35987,964116,216140,3997,14110,888
Stock & work in progress936,5561,297,788916,632882,584550,572567,294200,883
Trade Debtors52,829352,05671,92003020277
Group Debtors17,90911,90900000
Misc Debtors28,23421,308616001,73816,137
Cash23,78174,696525,275266,636231,82025,91955,681
misc current assets0000000
total current assets1,059,3091,757,7571,514,4431,149,220782,694594,951272,978
total assets1,351,9632,086,1161,602,4071,265,436923,093602,092283,866
Bank overdraft0000000
Bank loan0000000
Trade Creditors 495,586869,753527,776355,7242,2352,3974,527
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities644,628923,936618,485553,068744,748594,656257,312
total current liabilities1,140,2141,793,6891,146,261908,792746,983597,053261,839
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities1,140,2141,793,6891,146,261908,792746,983597,053261,839
net assets211,749292,427456,146356,644176,1105,03922,027
total shareholders funds211,749292,427456,146356,644176,1105,03922,027
Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit-81,293-164,019122,446221,012210,554-17,09027,020
Depreciation45,21362,60242,99443,20016,0764,0723,412
Amortisation2,9412,3482,348849000
Tax00-23,340-42,347-40,1280-5,432
Stock-361,232381,15634,048332,012-16,722366,411200,883
Debtors-286,301312,73772,536-302-1,436-14,67616,414
Creditors-374,167341,977172,052353,489-162-2,1304,527
Accruals and Deferred Income-279,308305,45165,417-191,680150,092337,344257,312
Deferred Taxes & Provisions0000000
Cash flow from operations-39,081-145,534275,33352,813354,590-29,53969,542
Investing Activities
capital expenditure-12,101-305,345-17,090-19,866-149,334-325-14,300
Change in Investments348000000
cash flow from investments-12,449-305,345-17,090-19,866-149,334-325-14,300
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000000300
interest6153003961,869644102139
cash flow from financing6153003961,869644102439
cash and cash equivalents
cash-50,915-450,579258,63934,816205,901-29,76255,681
overdraft0000000
change in cash-50,915-450,579258,63934,816205,901-29,76255,681

P&L

June 2022

turnover

5m

-35%

operating profit

-81.3k

0%

gross margin

25.1%

+3.22%

turnover

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

Balance Sheet

June 2022

net assets

211.7k

-0.28%

total assets

1.4m

-0.35%

cash

23.8k

-0.68%

net assets

Total assets minus all liabilities

southeast electrical contractors group ltd company details

company number

09677779

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

July 2015

age

9

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

first floor 81-85 high street, brentwood, essex, CM14 4RR

last accounts submitted

June 2022

southeast electrical contractors group 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 found 3 charges/mortgages relating to southeast electrical contractors group ltd. Currently there are 1 open charges and 2 have been satisfied in the past.

charges

southeast electrical contractors group ltd Companies House Filings - See Documents

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