firelight detection & electrical systems ltd
firelight detection & electrical systems ltd Company Information
Group Structure
View All
Industry
Electrical installation
Registered Address
avon house 435 stratford road, shirley, solihull, west midllands, B90 4AA
Website
www.coxelectricalltd.co.ukfirelight detection & electrical systems ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD at £23.9k based on a Turnover of £75.9k and 0.31x industry multiple (adjusted for size and gross margin).
firelight detection & electrical systems ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD at £0 based on an EBITDA of £-17 and a 3.57x industry multiple (adjusted for size and gross margin).
firelight detection & electrical systems ltd Estimated Valuation
Pomanda estimates the enterprise value of FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD at £111 based on Net Assets of £43 and 2.58x industry multiple (adjusted for liquidity).
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Firelight Detection & Electrical Systems Ltd Overview
Firelight Detection & Electrical Systems Ltd is a live company located in solihull, B90 4AA with a Companies House number of 10620724. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2017, it's largest shareholder is michael thomas cox with a 100% stake. Firelight Detection & Electrical Systems Ltd is a young, micro sized company, Pomanda has estimated its turnover at £75.9k with high growth in recent years.
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Firelight Detection & Electrical Systems Ltd Health Check
Pomanda's financial health check has awarded Firelight Detection & Electrical Systems Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £75.9k, make it smaller than the average company (£2.1m)
- Firelight Detection & Electrical Systems Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (13.3%)
- Firelight Detection & Electrical Systems Ltd
13.3% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (25.7%)
- Firelight Detection & Electrical Systems Ltd
25.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.6%)
- Firelight Detection & Electrical Systems Ltd
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Firelight Detection & Electrical Systems Ltd
18 - Industry AVG
Pay Structure
on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)
- Firelight Detection & Electrical Systems Ltd
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £75.9k, this is less efficient (£155.5k)
- Firelight Detection & Electrical Systems Ltd
£155.5k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (55 days)
- Firelight Detection & Electrical Systems Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (41 days)
- Firelight Detection & Electrical Systems Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firelight Detection & Electrical Systems Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Firelight Detection & Electrical Systems Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (60%)
99.9% - Firelight Detection & Electrical Systems Ltd
60% - Industry AVG
FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD financials
Firelight Detection & Electrical Systems Ltd's latest turnover from May 2024 is estimated at £75.9 thousand and the company has net assets of £43. According to their latest financial statements, Firelight Detection & Electrical Systems Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,363 | 9,731 | 12,094 | 16,053 | 7,445 | 1,607 | 1,576 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 7,363 | 9,731 | 12,094 | 16,053 | 7,445 | 1,607 | 1,576 |
| Stock & work in progress | |||||||
| Trade Debtors | 20,981 | 16,280 | 15,153 | 13,278 | 3,516 | 2,269 | 1,245 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 20,981 | 16,280 | 15,153 | 13,278 | 3,516 | 2,269 | 1,245 |
| total assets | 28,344 | 26,011 | 27,247 | 29,331 | 10,961 | 3,876 | 2,821 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 11,918 | 9,568 | 8,855 | 8,452 | 5,890 | 3,546 | 1,800 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 11,918 | 9,568 | 8,855 | 8,452 | 5,890 | 3,546 | 1,800 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 16,383 | 16,383 | 18,000 | 20,720 | 5,000 | ||
| provisions | |||||||
| total long term liabilities | 16,383 | 16,383 | 18,000 | 20,720 | 5,000 | ||
| total liabilities | 28,301 | 25,951 | 26,855 | 29,172 | 10,890 | 3,546 | 1,800 |
| net assets | 43 | 60 | 392 | 159 | 71 | 330 | 1,021 |
| total shareholders funds | 43 | 60 | 392 | 159 | 71 | 330 | 1,021 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 4,701 | 1,127 | 1,875 | 9,762 | 1,247 | 1,024 | 1,245 |
| Creditors | 2,350 | 713 | 403 | 2,562 | 2,344 | 1,746 | 1,800 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -1,617 | -2,720 | 15,720 | 5,000 | |||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
firelight detection & electrical systems ltd Credit Report and Business Information
Firelight Detection & Electrical Systems Ltd Competitor Analysis
Perform a competitor analysis for firelight detection & electrical systems ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B90 area or any other competitors across 12 key performance metrics.
firelight detection & electrical systems ltd Ownership
FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD group structure
Firelight Detection & Electrical Systems Ltd has no subsidiary companies.
Ultimate parent company
FIRELIGHT DETECTION & ELECTRICAL SYSTEMS LTD
10620724
firelight detection & electrical systems ltd directors
Firelight Detection & Electrical Systems Ltd currently has 1 director, Mr Michael Cox serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Cox | United Kingdom | 35 years | Feb 2017 | - | Director |
P&L
May 2024turnover
75.9k
+30%
operating profit
-17
0%
gross margin
16.3%
-3.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
43
-0.28%
total assets
28.3k
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
firelight detection & electrical systems ltd company details
company number
10620724
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
mt cox electrical limited (April 2022)
accountant
-
auditor
-
address
avon house 435 stratford road, shirley, solihull, west midllands, B90 4AA
Bank
-
Legal Advisor
-
firelight detection & electrical systems 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 firelight detection & electrical systems ltd.
firelight detection & electrical systems 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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firelight detection & electrical systems ltd Companies House Filings - See Documents
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