azzurri house, walsall business park, walsall, west midlands, WS9 0RB
Website
-
high voltage engineering services ltdEstimated Valuation
£368.7k
Pomanda estimates the enterprise value of HIGH VOLTAGE ENGINEERING SERVICES LTD at £368.7k based on a Turnover of £1.2m and 0.32x industry multiple (adjusted for size and gross margin).
high voltage engineering services ltdEstimated Valuation
£77k
Pomanda estimates the enterprise value of HIGH VOLTAGE ENGINEERING SERVICES LTD at £77k based on an EBITDA of £24.6k and a 3.14x industry multiple (adjusted for size and gross margin).
high voltage engineering services ltdEstimated Valuation
£447.4k
Pomanda estimates the enterprise value of HIGH VOLTAGE ENGINEERING SERVICES LTD at £447.4k based on Net Assets of £203.7k and 2.2x industry multiple (adjusted for liquidity).
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High Voltage Engineering Services LtdOverview
High Voltage Engineering Services Ltd is a live company located in walsall, WS9 0RB with a Companies House number of 10217750. It operates in the electrical installation sector, SIC Code 43210. Founded in June 2016, it's largest shareholder is
idris wyn gould
with a 100% stake. High Voltage Engineering Services Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
declining
growth in recent years.
High Voltage Engineering Services Ltd Health Check
Pomanda's financial health check has awarded High Voltage Engineering Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£2.1m)
£1.2m - High Voltage Engineering Services Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (12.7%)
-6% - High Voltage Engineering Services Ltd
12.7% - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (25.6%)
16.5% - High Voltage Engineering Services Ltd
25.6% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.6%)
-0.3% - High Voltage Engineering Services Ltd
6.6% - Industry AVG
Employees
with 14 employees, this is below the industry average (20)
14 - High Voltage Engineering Services Ltd
20 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
£45.2k - High Voltage Engineering Services Ltd
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £83k, this is less efficient (£155.2k)
£83k - High Voltage Engineering Services Ltd
£155.2k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (55 days)
101 days - High Voltage Engineering Services Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (40 days)
80 days - High Voltage Engineering Services Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is more than average (10 days)
41 days - High Voltage Engineering Services Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (23 weeks)
3 weeks - High Voltage Engineering Services Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a similar level of debt than the average (61.2%)
61.7% - High Voltage Engineering Services Ltd
61.2% - Industry AVG
HIGH VOLTAGE ENGINEERING SERVICES LTD financials
EXPORT
High Voltage Engineering Services Ltd's latest turnover from June 2024 is estimated at £1.2 million and the company has net assets of £203.7 thousand. According to their latest financial statements, High Voltage Engineering Services Ltd has 14 employees and maintains cash reserves of £14.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Turnover
1,162,462
1,698,808
1,095,582
1,412,627
1,104,405
671,562
317,189
98,919
Other Income Or Grants
Cost Of Sales
971,151
1,412,709
909,004
1,195,648
921,549
553,902
262,727
81,176
Gross Profit
191,310
286,100
186,578
216,978
182,856
117,660
54,462
17,743
Admin Expenses
194,396
200,507
154,671
179,868
177,289
149,558
-46,545
341
Operating Profit
-3,086
85,593
31,907
37,110
5,567
-31,898
101,007
17,402
Interest Payable
229
253
Interest Receivable
2,651
16,107
4,422
95
20
149
107
4
Pre-Tax Profit
-435
101,700
36,328
37,205
5,358
-32,003
101,114
17,406
Tax
-25,425
-6,902
-7,069
-1,018
-19,212
-3,307
Profit After Tax
-435
76,275
29,426
30,136
4,340
-32,003
81,902
14,099
Dividends Paid
Retained Profit
-435
76,275
29,426
30,136
4,340
-32,003
81,902
14,099
Employee Costs
633,086
511,013
412,471
403,294
405,701
328,018
241,162
119,275
Number Of Employees
14
12
10
10
10
8
6
3
EBITDA*
24,552
114,467
48,990
48,476
5,567
-25,779
106,341
17,402
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Tangible Assets
83,011
96,406
57,848
39,525
23,480
18,351
16,000
9,540
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
83,011
96,406
57,848
39,525
23,480
18,351
16,000
9,540
Stock & work in progress
109,982
342,311
30,736
215,736
154,824
29,224
Trade Debtors
323,797
333,188
139,826
317,295
239,982
276,210
94,475
21,804
Group Debtors
Misc Debtors
3,660
40,898
896
Cash
14,659
86,319
557,969
149,503
40,836
60
39,574
3,259
misc current assets
total current assets
448,438
761,818
728,531
682,534
435,642
309,154
174,947
25,959
total assets
531,449
858,224
786,379
722,059
459,122
327,505
190,947
35,499
Bank overdraft
7,507
Bank loan
Trade Creditors
215,121
620,797
606,067
574,417
340,783
36,865
28,037
1,970
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
215,647
66,908
19,429
total current liabilities
215,121
620,797
606,067
574,417
340,783
260,019
94,945
21,399
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
112,587
33,251
52,411
49,167
50,000
provisions
3,487
total long term liabilities
112,587
33,251
52,411
49,167
50,000
3,487
total liabilities
327,708
654,048
658,478
623,584
390,783
263,506
94,945
21,399
net assets
203,741
204,176
127,901
98,475
68,339
63,999
96,002
14,100
total shareholders funds
203,741
204,176
127,901
98,475
68,339
63,999
96,002
14,100
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Operating Activities
Operating Profit
-3,086
85,593
31,907
37,110
5,567
-31,898
101,007
17,402
Depreciation
27,638
28,874
17,083
11,366
6,119
5,334
Amortisation
Tax
-25,425
-6,902
-7,069
-1,018
-19,212
-3,307
Stock
-232,329
311,575
-185,000
60,912
125,600
29,224
Debtors
-9,391
193,362
-177,469
77,313
-39,888
144,497
112,673
22,700
Creditors
-405,676
14,730
31,650
233,634
303,918
8,828
26,067
1,970
Accruals and Deferred Income
-215,647
148,739
47,479
19,429
Deferred Taxes & Provisions
-3,487
3,487
Cash flow from operations
-139,404
-401,165
436,207
136,816
3,621
-38,446
48,002
12,794
Investing Activities
capital expenditure
-14,243
-67,432
-35,406
-27,411
-5,129
-8,470
-11,794
-9,540
Change in Investments
cash flow from investments
-14,243
-67,432
-35,406
-27,411
-5,129
-8,470
-11,794
-9,540
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
79,336
-19,160
3,244
-833
50,000
share issue
1
interest
2,651
16,107
4,422
95
-209
-104
107
4
cash flow from financing
81,987
-3,053
7,666
-738
49,791
-104
107
5
cash and cash equivalents
cash
-71,660
-471,650
408,466
108,667
40,776
-39,514
36,315
3,259
overdraft
-7,507
7,507
change in cash
-71,660
-471,650
408,466
108,667
48,283
-47,021
36,315
3,259
high voltage engineering services 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 high voltage engineering services ltd. Get real-time insights into high voltage engineering services ltd's credit score, group structure and payment trends.
High Voltage Engineering Services Ltd Competitor Analysis
Perform a competitor analysis for high voltage engineering services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WS9 area or any other competitors across 12 key performance metrics.
high voltage engineering services ltd Ownership
HIGH VOLTAGE ENGINEERING SERVICES LTD group structure
High Voltage Engineering Services Ltd has no subsidiary companies.
Ultimate parent company
HIGH VOLTAGE ENGINEERING SERVICES LTD
10217750
HIGH VOLTAGE ENGINEERING SERVICES LTD Shareholders
The sole shareholder of High Voltage Engineering Services Ltd is Idris Wyn Gould.
idris wyn gould
100%
high voltage engineering services ltd directors
High Voltage Engineering Services Ltd currently has 2 directors.
The longest serving directors include
Mr Idris Gould (Jun 2016) and
Mr Mark Pickford (Jan 2025).
high voltage engineering services ltd company details
company number
10217750
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
azzurri house, walsall business park, walsall, west midlands, WS9 0RB
Bank
-
Legal Advisor
-
high voltage engineering 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 found 3 charges/mortgages relating to high voltage engineering services ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
high voltage engineering 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 HIGH VOLTAGE ENGINEERING SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
high voltage engineering services ltdCompanies House Filings - See Documents
