s.i.p electrical services ltd
s.i.p electrical services ltd Company Information
Company Number
09879364
Next Accounts
492 days late
Industry
Trade of electricity
Directors
Shareholders
sam parkinson
Group Structure
View All
Contact
Registered Address
72 lion road, bexleyheath, DA6 8PF
Website
-s.i.p electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of S.I.P ELECTRICAL SERVICES LTD at £619.6k based on a Turnover of £571.1k and 1.08x industry multiple (adjusted for size and gross margin).
s.i.p electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of S.I.P ELECTRICAL SERVICES LTD at £0 based on an EBITDA of £-921 and a 3.52x industry multiple (adjusted for size and gross margin).
s.i.p electrical services ltd Estimated Valuation
Pomanda estimates the enterprise value of S.I.P ELECTRICAL SERVICES LTD at £7.9k based on Net Assets of £2.5k and 3.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
S.i.p Electrical Services Ltd Overview
S.i.p Electrical Services Ltd is a live company located in bexleyheath, DA6 8PF with a Companies House number of 09879364. It operates in the trade of electricity sector, SIC Code 35140. Founded in November 2015, it's largest shareholder is sam parkinson with a 100% stake. S.i.p Electrical Services Ltd is a young, small sized company, Pomanda has estimated its turnover at £571.1k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
S.i.p Electrical Services Ltd Health Check
Pomanda's financial health check has awarded S.I.P Electrical Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
4 Weak
Size
annual sales of £571.1k, make it smaller than the average company (£26.8m)
- S.i.p Electrical Services Ltd
£26.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a similar rate (14.6%)
- S.i.p Electrical Services Ltd
14.6% - Industry AVG
Production
with a gross margin of 9.3%, this company has a comparable cost of product (9.3%)
- S.i.p Electrical Services Ltd
9.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (0.5%)
- S.i.p Electrical Services Ltd
0.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - S.i.p Electrical Services Ltd
19 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- S.i.p Electrical Services Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £571.1k, this is equally as efficient (£571.1k)
- S.i.p Electrical Services Ltd
£571.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- S.i.p Electrical Services Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- S.i.p Electrical Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- S.i.p Electrical Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (6 weeks)
3 weeks - S.i.p Electrical Services Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a similar level of debt than the average (97.6%)
88.9% - S.i.p Electrical Services Ltd
97.6% - Industry AVG
S.I.P ELECTRICAL SERVICES LTD financials
S.I.P Electrical Services Ltd's latest turnover from November 2020 is estimated at £571.1 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, S.I.P Electrical Services Ltd has 1 employee and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 540 | 457 | 538 | 633 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 540 | 457 | 538 | 633 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,222 | 0 | 1,739 | 0 | 3,804 |
| misc current assets | 20,971 | 13,966 | 7,663 | 8,310 | 3,594 |
| total current assets | 22,193 | 13,966 | 9,402 | 8,310 | 7,398 |
| total assets | 22,733 | 14,423 | 9,940 | 8,943 | 7,398 |
| Bank overdraft | 17,000 | 7,575 | 0 | 3,678 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 1 | 0 | 1 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,211 | 0 | 3,953 | 2,322 | 4,091 |
| total current liabilities | 20,211 | 10,136 | 3,954 | 6,000 | 4,092 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,211 | 10,136 | 3,954 | 6,000 | 4,092 |
| net assets | 2,522 | 4,287 | 5,986 | 2,943 | 3,306 |
| total shareholders funds | 2,522 | 4,287 | 5,986 | 2,943 | 3,306 |
| Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 95 | 81 | 95 | 745 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | -1 | 1 | -1 | 1 |
| Accruals and Deferred Income | 3,211 | -3,953 | 1,631 | -1,769 | 4,091 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 1,222 | -1,739 | 1,739 | -3,804 | 3,804 |
| overdraft | 9,425 | 7,575 | -3,678 | 3,678 | 0 |
| change in cash | -8,203 | -9,314 | 5,417 | -7,482 | 3,804 |
s.i.p electrical services ltd Credit Report and Business Information
S.i.p Electrical Services Ltd Competitor Analysis
Perform a competitor analysis for s.i.p electrical services ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in DA6 area or any other competitors across 12 key performance metrics.
s.i.p electrical services ltd Ownership
S.I.P ELECTRICAL SERVICES LTD group structure
S.I.P Electrical Services Ltd has no subsidiary companies.
Ultimate parent company
S.I.P ELECTRICAL SERVICES LTD
09879364
s.i.p electrical services ltd directors
S.I.P Electrical Services Ltd currently has 1 director, Mr Sam Parkinson serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sam Parkinson | 32 years | Nov 2015 | - | Director |
P&L
November 2020turnover
571.1k
-19%
operating profit
-1k
0%
gross margin
9.3%
+14.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2020net assets
2.5k
-0.41%
total assets
22.7k
+0.58%
cash
1.2k
0%
net assets
Total assets minus all liabilities
s.i.p electrical services ltd company details
company number
09879364
Type
Private limited with Share Capital
industry
35140 - Trade of electricity
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2021
previous names
N/A
accountant
A K ASSOCIATES
auditor
-
address
72 lion road, bexleyheath, DA6 8PF
Bank
-
Legal Advisor
-
s.i.p electrical services 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 s.i.p electrical services ltd.
s.i.p electrical services 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.
Click to start generating capital raising & share issue transactions for S.I.P ELECTRICAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
s.i.p electrical services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
