parnell electrical safety testing ltd Company Information
Company Number
11229760
Next Accounts
Nov 2025
Industry
Electrical installation
Directors
Shareholders
david parnell
Group Structure
View All
Contact
Registered Address
hazelldell 13 the leys, burwell, cambridge, CB25 0DZ
Website
-parnell electrical safety testing ltd Estimated Valuation
Pomanda estimates the enterprise value of PARNELL ELECTRICAL SAFETY TESTING LTD at £7.4k based on a Turnover of £18.9k and 0.39x industry multiple (adjusted for size and gross margin).
parnell electrical safety testing ltd Estimated Valuation
Pomanda estimates the enterprise value of PARNELL ELECTRICAL SAFETY TESTING LTD at £0 based on an EBITDA of £-1.5k and a 3.78x industry multiple (adjusted for size and gross margin).
parnell electrical safety testing ltd Estimated Valuation
Pomanda estimates the enterprise value of PARNELL ELECTRICAL SAFETY TESTING LTD at £973 based on Net Assets of £358 and 2.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Parnell Electrical Safety Testing Ltd Overview
Parnell Electrical Safety Testing Ltd is a live company located in cambridge, CB25 0DZ with a Companies House number of 11229760. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2018, it's largest shareholder is david parnell with a 100% stake. Parnell Electrical Safety Testing Ltd is a young, micro sized company, Pomanda has estimated its turnover at £18.9k with declining growth in recent years.
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Parnell Electrical Safety Testing Ltd Health Check
Pomanda's financial health check has awarded Parnell Electrical Safety Testing Ltd a 2 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 £18.9k, make it smaller than the average company (£1.9m)
- Parnell Electrical Safety Testing Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (11.2%)
- Parnell Electrical Safety Testing Ltd
11.2% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (25.9%)
- Parnell Electrical Safety Testing Ltd
25.9% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (6.7%)
- Parnell Electrical Safety Testing Ltd
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Parnell Electrical Safety Testing Ltd
15 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Parnell Electrical Safety Testing Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £18.9k, this is less efficient (£148.8k)
- Parnell Electrical Safety Testing Ltd
£148.8k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (56 days)
- Parnell Electrical Safety Testing Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (42 days)
- Parnell Electrical Safety Testing Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parnell Electrical Safety Testing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parnell Electrical Safety Testing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (59.6%)
43.1% - Parnell Electrical Safety Testing Ltd
59.6% - Industry AVG
PARNELL ELECTRICAL SAFETY TESTING LTD financials
Parnell Electrical Safety Testing Ltd's latest turnover from February 2024 is estimated at £18.9 thousand and the company has net assets of £358. According to their latest financial statements, Parnell Electrical Safety Testing Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|---|
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 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|---|
Tangible Assets | 326 | 398 | 485 | 591 | 601 | 733 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 326 | 398 | 485 | 591 | 601 | 733 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 303 | 17,884 | 4,196 | 5,650 | 8,506 | 4,521 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 303 | 17,884 | 4,196 | 5,650 | 8,506 | 4,521 |
total assets | 629 | 18,282 | 4,681 | 6,241 | 9,107 | 5,254 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 271 | 16,389 | 4,446 | 4,924 | 3,652 | 3,970 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 271 | 16,389 | 4,446 | 4,924 | 3,652 | 3,970 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 120 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 120 |
total liabilities | 271 | 16,389 | 4,446 | 4,924 | 3,652 | 4,090 |
net assets | 358 | 1,893 | 235 | 1,317 | 5,455 | 1,164 |
total shareholders funds | 358 | 1,893 | 235 | 1,317 | 5,455 | 1,164 |
Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | ||||||
Amortisation | ||||||
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -17,581 | 13,688 | -1,454 | -2,856 | 3,985 | 4,521 |
Creditors | -16,118 | 11,943 | -478 | 1,272 | -318 | 3,970 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -120 | 120 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
parnell electrical safety testing ltd Credit Report and Business Information
Parnell Electrical Safety Testing Ltd Competitor Analysis
Perform a competitor analysis for parnell electrical safety testing ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CB25 area or any other competitors across 12 key performance metrics.
parnell electrical safety testing ltd Ownership
PARNELL ELECTRICAL SAFETY TESTING LTD group structure
Parnell Electrical Safety Testing Ltd has no subsidiary companies.
Ultimate parent company
PARNELL ELECTRICAL SAFETY TESTING LTD
11229760
parnell electrical safety testing ltd directors
Parnell Electrical Safety Testing Ltd currently has 1 director, Mr David Parnell serving since Feb 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Parnell | United Kingdom | 61 years | Feb 2018 | - | Director |
P&L
February 2024turnover
18.9k
-72%
operating profit
-1.5k
0%
gross margin
16.6%
-1.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
358
-0.81%
total assets
629
-0.97%
cash
0
0%
net assets
Total assets minus all liabilities
parnell electrical safety testing ltd company details
company number
11229760
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
hazelldell 13 the leys, burwell, cambridge, CB25 0DZ
Bank
-
Legal Advisor
-
parnell electrical safety testing 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 parnell electrical safety testing ltd.
parnell electrical safety testing 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 PARNELL ELECTRICAL SAFETY TESTING LTD. This can take several minutes, an email will notify you when this has completed.
parnell electrical safety testing ltd Companies House Filings - See Documents
date | description | view/download |
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