vincents electrical limited

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vincents electrical limited Company Information

Share VINCENTS ELECTRICAL LIMITED

Company Number

11093325

Shareholders

bryan langley

christopher conroy

Group Structure

View All

Industry

Electrical installation

 

Registered Address

unit 28 earl road, rackheath, norwich, NR13 6NT

vincents electrical limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of VINCENTS ELECTRICAL LIMITED at £1.5m based on a Turnover of £3.7m and 0.41x industry multiple (adjusted for size and gross margin).

vincents electrical limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VINCENTS ELECTRICAL LIMITED at £0 based on an EBITDA of £-30.9k and a 4.69x industry multiple (adjusted for size and gross margin).

vincents electrical limited Estimated Valuation

£472.3k

Pomanda estimates the enterprise value of VINCENTS ELECTRICAL LIMITED at £472.3k based on Net Assets of £182.8k and 2.58x industry multiple (adjusted for liquidity).

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Vincents Electrical Limited Overview

Vincents Electrical Limited is a live company located in norwich, NR13 6NT with a Companies House number of 11093325. It operates in the electrical installation sector, SIC Code 43210. Founded in December 2017, it's largest shareholder is bryan langley with a 66.7% stake. Vincents Electrical Limited is a young, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.

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Vincents Electrical Limited Health Check

Pomanda's financial health check has awarded Vincents Electrical Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.8m, make it larger than the average company (£2.3m)

£2.8m - Vincents Electrical Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (11.7%)

55% - Vincents Electrical Limited

11.7% - Industry AVG

production

Production

with a gross margin of 26%, this company has a comparable cost of product (26%)

26% - Vincents Electrical Limited

26% - Industry AVG

profitability

Profitability

an operating margin of -12.8% make it less profitable than the average company (6.7%)

-12.8% - Vincents Electrical Limited

6.7% - Industry AVG

employees

Employees

with 24 employees, this is above the industry average (19)

24 - Vincents Electrical Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)

£45.1k - Vincents Electrical Limited

£45.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.4k, this is less efficient (£151.1k)

£117.4k - Vincents Electrical Limited

£151.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is near the average (56 days)

46 days - Vincents Electrical Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (41 days)

54 days - Vincents Electrical Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 34 days, this is more than average (9 days)

34 days - Vincents Electrical Limited

9 days - Industry AVG

cashbalance

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 - Vincents Electrical Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 113.7%, this is a higher level of debt than the average (60.6%)

113.7% - Vincents Electrical Limited

60.6% - Industry AVG

VINCENTS ELECTRICAL LIMITED financials

EXPORTms excel logo

Vincents Electrical Limited's latest turnover from December 2024 is estimated at £3.7 million and the company has net assets of £182.8 thousand. According to their latest financial statements, Vincents Electrical Limited has 24 employees and maintains cash reserves of £284.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover3,672,7582,818,4413,357,8232,356,114749,7101,054,193838,634
Other Income Or Grants
Cost Of Sales2,745,0262,086,7712,485,0771,753,410560,080784,376611,828
Gross Profit927,731731,670872,747602,704189,630269,817226,806
Admin Expenses993,8531,093,276663,746665,128157,698144,091216,321
Operating Profit-66,122-361,606209,001-62,42431,932125,72610,485
Interest Payable4,6144,7194,6813,3291,5251,0131,121
Interest Receivable10,1364,17710,3641,712516
Pre-Tax Profit-60,600-362,148214,684-64,04130,458124,7209,364
Tax-40,790-5,787-23,697-1,779
Profit After Tax-60,600-362,148173,894-64,04124,671101,0237,585
Dividends Paid
Retained Profit-60,600-362,148173,894-64,04124,671101,0237,585
Employee Costs1,114,8071,081,256883,217722,944393,882405,701281,477
Number Of Employees2424211810107
EBITDA*-30,883-317,285234,527-58,31234,917126,92110,485

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets148,072153,316197,207109,26916,0941,0792,274
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets148,072153,316197,207109,26916,0941,0792,274
Stock & work in progress54,771197,590389,729425,53828,63575,04165,769
Trade Debtors690,283360,179502,542172,087161,799191,809154,227
Group Debtors
Misc Debtors225,252116,76089,90193,7014,1514,06919,231
Cash284,61038,293120,827366,89689,64012,626
misc current assets
total current assets1,254,916712,8221,102,9991,058,222284,225283,545239,227
total assets1,402,988866,1381,300,2061,167,491300,319284,624241,501
Bank overdraft23,614
Bank loan14,12511,23611,64210,4243,333
Trade Creditors 471,967312,737306,385210,25930,09032,18744,310
Group/Directors Accounts
other short term finances9,599
hp & lease commitments
other current liabilities384,790326,893257,087124,57447,37668,37375,594
total current liabilities870,882650,866575,114345,25780,799100,560153,117
loans27,07429,96331,04638,22146,667
hp & lease commitments
Accruals and Deferred Income283,733286,766423,042703,33336,30474,95180,112
other liabilities20,394
provisions18,07317,25927,57211,1422,970205387
total long term liabilities349,274333,988481,660752,69685,94175,15680,499
total liabilities1,220,156984,8541,056,7741,097,953166,740175,716233,616
net assets182,832-118,716243,43269,538133,579108,9087,885
total shareholders funds182,832-118,716243,43269,538133,579108,9087,885
Dec 2024Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-66,122-361,606209,001-62,42431,932125,72610,485
Depreciation35,23944,32125,5264,1122,9851,195
Amortisation
Tax-40,790-5,787-23,697-1,779
Stock-334,958-192,139-35,809396,903-46,4069,27265,769
Debtors323,092-115,504326,65599,838-29,92822,420173,458
Creditors165,5826,35296,126180,169-2,097-12,12344,310
Accruals and Deferred Income-11,606-66,470-147,778744,227-59,644-12,382155,706
Deferred Taxes & Provisions-9,499-10,31316,4308,1722,765-182387
Cash flow from operations125,460-80,073-132,331377,51546,48846,845-30,118
Investing Activities
capital expenditure13,896-430-113,464-97,287-18,000-2,274
Change in Investments
cash flow from investments13,896-430-113,464-97,287-18,000-2,274
Financing Activities
Bank loans2,483-4061,2187,0913,333
Group/Directors Accounts
Other Short Term Loans -9,5999,599
Long term loans-3,972-1,083-7,175-8,44646,667
Hire Purchase and Lease Commitments
other long term liabilities20,394
share issue300
interest5,522-5425,683-1,617-1,474-1,007-1,121
cash flow from financing24,427-2,031-274-2,97248,526-10,6068,778
cash and cash equivalents
cash163,783-82,534-246,069277,25677,01412,626
overdraft-23,61423,614
change in cash163,783-82,534-246,069277,25677,01436,240-23,614

vincents electrical limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vincents Electrical Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vincents electrical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR13 area or any other competitors across 12 key performance metrics.

vincents electrical limited Ownership

VINCENTS ELECTRICAL LIMITED group structure

Vincents Electrical Limited has no subsidiary companies.

Ultimate parent company

VINCENTS ELECTRICAL LIMITED

11093325

VINCENTS ELECTRICAL LIMITED Shareholders

bryan langley 66.67%
christopher conroy 33.33%

vincents electrical limited directors

Vincents Electrical Limited currently has 2 directors. The longest serving directors include Mr Christopher Conroy (Dec 2017) and Mr Bryan Langley (Dec 2017).

officercountryagestartendrole
Mr Christopher ConroyEngland53 years Dec 2017- Director
Mr Bryan LangleyEngland65 years Dec 2017- Director

P&L

December 2024

turnover

3.7m

+9%

operating profit

-66.1k

0%

gross margin

25.3%

-2.81%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2024

net assets

182.8k

-0.25%

total assets

1.4m

+0.08%

cash

284.6k

+1.36%

net assets

Total assets minus all liabilities

vincents electrical limited company details

company number

11093325

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2024

previous names

N/A

accountant

-

auditor

-

address

unit 28 earl road, rackheath, norwich, NR13 6NT

Bank

-

Legal Advisor

-

vincents 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 vincents electrical limited.

vincents electrical limited 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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vincents electrical limited Companies House Filings - See Documents

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