new age electrical group limited

1

new age electrical group limited Company Information

Share NEW AGE ELECTRICAL GROUP LIMITED
Dissolved 

Company Number

11248166

Website

-

Registered Address

6 burns crescent, bridgend, CF31 4PY

Industry

Electrical installation

 

Telephone

-

Next Accounts Due

October 2024

Group Structure

View All

Directors

Richard Rowe6 Years

Aaron Bundy6 Years

Shareholders

aaron david bundy 50%

richard david rowe 50%

new age electrical group limited Estimated Valuation

£28.8k

Pomanda estimates the enterprise value of NEW AGE ELECTRICAL GROUP LIMITED at £28.8k based on a Turnover of £66.6k and 0.43x industry multiple (adjusted for size and gross margin).

new age electrical group limited Estimated Valuation

£488

Pomanda estimates the enterprise value of NEW AGE ELECTRICAL GROUP LIMITED at £488 based on an EBITDA of £109 and a 4.47x industry multiple (adjusted for size and gross margin).

new age electrical group limited Estimated Valuation

£20.1k

Pomanda estimates the enterprise value of NEW AGE ELECTRICAL GROUP LIMITED at £20.1k based on Net Assets of £6.6k and 3.05x industry multiple (adjusted for liquidity).

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New Age Electrical Group Limited Overview

New Age Electrical Group Limited is a dissolved company that was located in bridgend, CF31 4PY with a Companies House number of 11248166. It operated in the electrical installation sector, SIC Code 43210. Founded in March 2018, it's largest shareholder was aaron david bundy with a 50% stake. The last turnover for New Age Electrical Group Limited was estimated at £66.6k.

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New Age Electrical Group Limited Health Check

Pomanda's financial health check has awarded New Age Electrical Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £66.6k, make it smaller than the average company (£800.1k)

£66.6k - New Age Electrical Group Limited

£800.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (11.4%)

-17% - New Age Electrical Group Limited

11.4% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (25.6%)

17% - New Age Electrical Group Limited

25.6% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (6.7%)

0.2% - New Age Electrical Group Limited

6.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (9)

2 - New Age Electrical Group Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)

£43.1k - New Age Electrical Group Limited

£43.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.3k, this is less efficient (£138.4k)

£33.3k - New Age Electrical Group Limited

£138.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is earlier than average (57 days)

35 days - New Age Electrical Group Limited

57 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - New Age Electrical Group Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New Age Electrical Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - New Age Electrical Group Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - New Age Electrical Group Limited

- - Industry AVG

NEW AGE ELECTRICAL GROUP LIMITED financials

EXPORTms excel logo

New Age Electrical Group Limited's latest turnover from March 2024 is estimated at £66.6 thousand and the company has net assets of £6.6 thousand. According to their latest financial statements, New Age Electrical Group Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover66,59347,365107,332116,601399,058253,622
Other Income Or Grants000000
Cost Of Sales55,29339,34589,39297,666328,752207,379
Gross Profit11,3008,01917,94018,93570,30646,243
Admin Expenses11,19170,99520,57627,96721,732-5,355
Operating Profit109-62,976-2,636-9,03248,57451,598
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit109-62,976-2,636-9,03248,57451,598
Tax-27000-9,229-9,804
Profit After Tax82-62,976-2,636-9,03239,34541,794
Dividends Paid000000
Retained Profit82-62,976-2,636-9,03239,34541,794
Employee Costs86,13581,95678,51075,99578,31679,929
Number Of Employees222222
EBITDA*109-62,976-2,636-9,03248,57451,598

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets86034,56735,99838,6490
Intangible Assets0000036,285
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets86034,56735,99838,64936,285
Stock & work in progress000000
Trade Debtors6,4917,28140,97845,959134,04065,686
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets6,4917,28140,97845,959134,04065,686
total assets6,5777,28175,54581,957172,689101,971
Bank overdraft000000
Bank loan000000
Trade Creditors 07866,0749,85091,55060,177
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities07866,0749,85091,55060,177
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities07866,0749,85091,55060,177
net assets6,5776,49569,47172,10781,13941,794
total shareholders funds6,5776,49569,47172,10781,13941,794
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit109-62,976-2,636-9,03248,57451,598
Depreciation000000
Amortisation000000
Tax-27000-9,229-9,804
Stock000000
Debtors-790-33,697-4,981-88,08168,35465,686
Creditors-786-5,288-3,776-81,70031,37360,177
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations86-34,567-1,431-2,6512,36436,285
Investing Activities
capital expenditure-8634,5671,4312,651-2,364-36,285
Change in Investments000000
cash flow from investments-8634,5671,4312,651-2,364-36,285
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

new age electrical group 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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New Age Electrical Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for new age electrical group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in CF31 area or any other competitors across 12 key performance metrics.

new age electrical group limited Ownership

NEW AGE ELECTRICAL GROUP LIMITED group structure

New Age Electrical Group Limited has no subsidiary companies.

Ultimate parent company

NEW AGE ELECTRICAL GROUP LIMITED

11248166

NEW AGE ELECTRICAL GROUP LIMITED Shareholders

aaron david bundy 50%
richard david rowe 50%

new age electrical group limited directors

New Age Electrical Group Limited currently has 2 directors. The longest serving directors include Mr Richard Rowe (Mar 2018) and Mr Aaron Bundy (Mar 2018).

officercountryagestartendrole
Mr Richard RoweWales38 years Mar 2018- Director
Mr Aaron BundyWales44 years Mar 2018- Director

P&L

March 2024

turnover

66.6k

+41%

operating profit

109.3

0%

gross margin

17%

+0.22%

turnover

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

Balance Sheet

March 2024

net assets

6.6k

+0.01%

total assets

6.6k

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

new age electrical group limited company details

company number

11248166

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

March 2018

age

6

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2024

address

6 burns crescent, bridgend, CF31 4PY

accountant

-

auditor

-

new age electrical group 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 new age electrical group limited.

charges

new age electrical group limited Companies House Filings - See Documents

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