thomas electrical distributors ltdEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of THOMAS ELECTRICAL DISTRIBUTORS LTD at £4.3m based on a Turnover of £5.7m and 0.76x industry multiple (adjusted for size and gross margin).
thomas electrical distributors ltdEstimated Valuation
£371k
Pomanda estimates the enterprise value of THOMAS ELECTRICAL DISTRIBUTORS LTD at £371k based on an EBITDA of £74.4k and a 4.99x industry multiple (adjusted for size and gross margin).
thomas electrical distributors ltdEstimated Valuation
£342.6k
Pomanda estimates the enterprise value of THOMAS ELECTRICAL DISTRIBUTORS LTD at £342.6k based on Net Assets of £174.6k and 1.96x industry multiple (adjusted for liquidity).
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Thomas Electrical Distributors LtdOverview
Thomas Electrical Distributors Ltd is a live company located in torquay, TQ2 7FF with a Companies House number of 10726767. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2017, it's largest shareholder is
thomas brothers holdings ltd
with a 96% stake. Thomas Electrical Distributors Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£5.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Thomas Electrical Distributors Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £5.7m, make it larger than the average company (£848.9k)
£5.7m - Thomas Electrical Distributors Ltd
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.2%)
14% - Thomas Electrical Distributors Ltd
8.2% - Industry AVG
Production
with a gross margin of 40%, this company has a comparable cost of product (40%)
40% - Thomas Electrical Distributors Ltd
40% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.8%)
0.9% - Thomas Electrical Distributors Ltd
5.8% - Industry AVG
Employees
with 23 employees, this is above the industry average (14)
23 - Thomas Electrical Distributors Ltd
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Thomas Electrical Distributors Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £246.1k, this is more efficient (£73.3k)
£246.1k - Thomas Electrical Distributors Ltd
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (28 days)
48 days - Thomas Electrical Distributors Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (37 days)
100 days - Thomas Electrical Distributors Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 75 days, this is more than average (32 days)
75 days - Thomas Electrical Distributors Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (57 weeks)
5 weeks - Thomas Electrical Distributors Ltd
57 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (38%)
91% - Thomas Electrical Distributors Ltd
38% - Industry AVG
THOMAS ELECTRICAL DISTRIBUTORS LTD financials
EXPORT
Thomas Electrical Distributors Ltd's latest turnover from March 2024 is estimated at £5.7 million and the company has net assets of £174.6 thousand. According to their latest financial statements, Thomas Electrical Distributors Ltd has 23 employees and maintains cash reserves of £183.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
5,659,710
6,021,271
4,858,156
3,802,640
2,379,104
1,413,742
643,557
Other Income Or Grants
Cost Of Sales
3,394,779
3,566,672
2,911,377
2,329,951
1,434,158
846,730
390,862
Gross Profit
2,264,931
2,454,600
1,946,779
1,472,689
944,946
567,012
252,696
Admin Expenses
2,215,088
2,433,882
1,995,108
1,304,884
884,610
525,296
283,791
Operating Profit
49,843
20,718
-48,329
167,805
60,336
41,716
-31,095
Interest Payable
13,229
17,138
8,186
3,050
Interest Receivable
11,445
7,417
680
104
82
163
7
Pre-Tax Profit
48,059
10,998
-55,835
164,859
60,419
41,879
-31,088
Tax
-12,015
-2,090
-31,323
-11,480
-7,957
Profit After Tax
36,044
8,908
-55,835
133,536
48,939
33,922
-31,088
Dividends Paid
Retained Profit
36,044
8,908
-55,835
133,536
48,939
33,922
-31,088
Employee Costs
667,037
734,820
515,581
330,673
199,219
74,334
71,940
Number Of Employees
23
26
19
13
8
3
3
EBITDA*
74,355
47,073
-29,977
184,470
76,054
51,184
-22,280
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
96,923
111,446
118,337
36,016
43,654
31,801
37,254
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
96,923
111,446
118,337
36,016
43,654
31,801
37,254
Stock & work in progress
703,329
761,277
788,079
498,562
219,293
118,945
66,386
Trade Debtors
747,751
820,949
665,636
533,072
354,936
238,822
103,781
Group Debtors
87,850
4,600
Misc Debtors
119,560
147,888
77,815
68,530
9,457
12,537
11,438
Cash
183,826
252,172
96,880
84,354
123,749
40,549
2,789
misc current assets
total current assets
1,842,316
1,986,886
1,628,410
1,184,518
707,435
410,853
184,394
total assets
1,939,239
2,098,332
1,746,747
1,220,534
751,089
442,654
221,648
Bank overdraft
Bank loan
18,000
146,517
77,208
15,278
Trade Creditors
932,998
1,008,780
899,576
609,536
332,508
163,631
58,353
Group/Directors Accounts
44,891
other short term finances
hp & lease commitments
7,454
7,778
8,861
4,860
4,602
other current liabilities
723,385
728,205
539,289
325,589
340,129
258,689
172,281
total current liabilities
1,719,274
1,890,956
1,523,851
950,403
681,498
427,180
235,236
loans
25,333
45,333
65,333
84,722
hp & lease commitments
7,130
17,718
12,540
17,400
Accruals and Deferred Income
other liabilities
provisions
20,006
23,461
20,859
total long term liabilities
45,339
68,794
93,322
84,722
17,718
12,540
17,400
total liabilities
1,764,613
1,959,750
1,617,173
1,035,125
699,216
439,720
252,636
net assets
174,626
138,582
129,574
185,409
51,873
2,934
-30,988
total shareholders funds
174,626
138,582
129,574
185,409
51,873
2,934
-30,988
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
49,843
20,718
-48,329
167,805
60,336
41,716
-31,095
Depreciation
24,512
26,355
18,352
16,665
15,718
9,468
8,815
Amortisation
Tax
-12,015
-2,090
-31,323
-11,480
-7,957
Stock
-57,948
-26,802
289,517
279,269
100,348
52,559
66,386
Debtors
-18,276
229,986
141,849
237,209
113,034
136,140
115,219
Creditors
-75,782
109,204
290,040
277,028
168,877
105,278
58,353
Accruals and Deferred Income
-4,820
188,916
213,700
-14,540
81,440
86,408
172,281
Deferred Taxes & Provisions
-3,455
2,602
20,859
Cash flow from operations
54,507
142,521
63,256
-100,843
101,509
46,214
26,749
Investing Activities
capital expenditure
-9,989
-19,464
-100,673
-9,027
-27,571
-4,015
-46,069
Change in Investments
cash flow from investments
-9,989
-19,464
-100,673
-9,027
-27,571
-4,015
-46,069
Financing Activities
Bank loans
-128,517
69,309
61,930
15,278
Group/Directors Accounts
44,891
Other Short Term Loans
Long term loans
-20,000
-20,000
-19,389
84,722
Hire Purchase and Lease Commitments
-7,454
-7,454
14,908
-26,579
9,179
-4,602
22,002
other long term liabilities
share issue
100
100
interest
-1,784
-9,721
-7,506
-2,946
82
163
7
cash flow from financing
-112,864
32,234
49,943
70,475
9,261
-4,439
22,109
cash and cash equivalents
cash
-68,346
155,292
12,526
-39,395
83,200
37,760
2,789
overdraft
change in cash
-68,346
155,292
12,526
-39,395
83,200
37,760
2,789
thomas electrical distributors 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 thomas electrical distributors ltd. Get real-time insights into thomas electrical distributors ltd's credit score, group structure and payment trends.
Thomas Electrical Distributors Ltd Competitor Analysis
Perform a competitor analysis for thomas electrical distributors ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in TQ2 area or any other competitors across 12 key performance metrics.
thomas electrical distributors ltd Ownership
THOMAS ELECTRICAL DISTRIBUTORS LTD group structure
Thomas Electrical Distributors Ltd has no subsidiary companies.
The largest shareholders in Thomas Electrical Distributors Ltd include Thomas Brothers Holdings Ltd and Mike Smith.
thomas brothers holdings ltd
96%
mike smith
4%
thomas electrical distributors ltd directors
Thomas Electrical Distributors Ltd currently has 2 directors.
The longest serving directors include
Mr Glen Thomas (Jun 2017) and
Mr Neil Thomas (Nov 2017).
sigma house oak view close, edginswell park, torquay, devon, TQ2 7FF
Bank
-
Legal Advisor
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thomas electrical distributors 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 2 charges/mortgages relating to thomas electrical distributors ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
thomas electrical distributors 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 THOMAS ELECTRICAL DISTRIBUTORS LTD. This can take several minutes, an email will notify you when this has completed.
thomas electrical distributors ltdCompanies House Filings - See Documents
