thurrock electrical limited
thurrock electrical limited Company Information
Company Number
11078434
Next Accounts
Dec 2025
Industry
Electrical installation
Shareholders
gary talbot
charlie payne
Group Structure
View All
Contact
Registered Address
57 southend road, grays, RM17 5NL
thurrock electrical limited Estimated Valuation
Pomanda estimates the enterprise value of THURROCK ELECTRICAL LIMITED at £133.5k based on a Turnover of £305.1k and 0.44x industry multiple (adjusted for size and gross margin).
thurrock electrical limited Estimated Valuation
Pomanda estimates the enterprise value of THURROCK ELECTRICAL LIMITED at £0 based on an EBITDA of £-5.2k and a 4.34x industry multiple (adjusted for size and gross margin).
thurrock electrical limited Estimated Valuation
Pomanda estimates the enterprise value of THURROCK ELECTRICAL LIMITED at £147.2k based on Net Assets of £50.3k and 2.93x industry multiple (adjusted for liquidity).
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Thurrock Electrical Limited Overview
Thurrock Electrical Limited is a live company located in grays, RM17 5NL with a Companies House number of 11078434. It operates in the electrical installation sector, SIC Code 43210. Founded in November 2017, it's largest shareholder is gary talbot with a 50% stake. Thurrock Electrical Limited is a young, micro sized company, Pomanda has estimated its turnover at £305.1k with rapid growth in recent years.
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Thurrock Electrical Limited Health Check
Pomanda's financial health check has awarded Thurrock Electrical Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £305.1k, make it smaller than the average company (£973.9k)
- Thurrock Electrical Limited
£973.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (11.4%)
- Thurrock Electrical Limited
11.4% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (25.4%)
- Thurrock Electrical Limited
25.4% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (6.7%)
- Thurrock Electrical Limited
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Thurrock Electrical Limited
13 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- Thurrock Electrical Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £152.5k, this is equally as efficient (£143.4k)
- Thurrock Electrical Limited
£143.4k - Industry AVG
Debtor Days
it gets paid by customers after 115 days, this is later than average (55 days)
- Thurrock Electrical Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (41 days)
- Thurrock Electrical Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thurrock Electrical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thurrock Electrical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a similar level of debt than the average (61.5%)
60% - Thurrock Electrical Limited
61.5% - Industry AVG
THURROCK ELECTRICAL LIMITED financials
Thurrock Electrical Limited's latest turnover from March 2024 is estimated at £305.1 thousand and the company has net assets of £50.3 thousand. According to their latest financial statements, Thurrock Electrical Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 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 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,748 | 15,997 | 20,996 | 19,995 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,748 | 15,997 | 20,996 | 19,995 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 96,164 | 105,258 | 84,473 | 42,619 | 20,978 | 3,256 | 2 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,164 | 105,258 | 84,473 | 42,619 | 20,978 | 3,256 | 2 |
| total assets | 125,912 | 121,255 | 105,469 | 62,614 | 20,978 | 3,256 | 2 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 68,278 | 54,421 | 58,151 | 20,126 | 12,563 | 2,890 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 68,278 | 54,421 | 58,151 | 20,126 | 12,563 | 2,890 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,649 | 1,624 | 1,575 | 2,119 | 695 | 331 | 0 |
| other liabilities | 5,667 | 9,667 | 13,667 | 20,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,316 | 11,291 | 15,242 | 22,119 | 695 | 331 | 0 |
| total liabilities | 75,594 | 65,712 | 73,393 | 42,245 | 13,258 | 3,221 | 0 |
| net assets | 50,318 | 55,543 | 32,076 | 20,369 | 7,720 | 35 | 2 |
| total shareholders funds | 50,318 | 55,543 | 32,076 | 20,369 | 7,720 | 35 | 2 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,094 | 20,785 | 41,854 | 21,641 | 17,722 | 3,256 | 0 |
| Creditors | 13,857 | -3,730 | 38,025 | 7,563 | 9,673 | 2,890 | 0 |
| Accruals and Deferred Income | 25 | 49 | -544 | 1,424 | 364 | 331 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,000 | -4,000 | -6,333 | 20,000 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
thurrock electrical limited Credit Report and Business Information
Thurrock Electrical Limited Competitor Analysis
Perform a competitor analysis for thurrock electrical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RM17 area or any other competitors across 12 key performance metrics.
thurrock electrical limited Ownership
THURROCK ELECTRICAL LIMITED group structure
Thurrock Electrical Limited has no subsidiary companies.
Ultimate parent company
THURROCK ELECTRICAL LIMITED
11078434
thurrock electrical limited directors
Thurrock Electrical Limited currently has 2 directors. The longest serving directors include Mr Charlie Payne (Nov 2017) and Mr Gary Talbot (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charlie Payne | United Kingdom | 29 years | Nov 2017 | - | Director |
| Mr Gary Talbot | England | 35 years | Nov 2017 | - | Director |
P&L
March 2024turnover
305.1k
+6%
operating profit
-5.2k
0%
gross margin
16.6%
-2.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
50.3k
-0.09%
total assets
125.9k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
thurrock electrical limited company details
company number
11078434
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
November 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
57 southend road, grays, RM17 5NL
Bank
-
Legal Advisor
-
thurrock electrical limited 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 thurrock electrical limited.
thurrock electrical limited Companies House Filings - See Documents
| date | description | view/download |
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