ultimate electrical solutions ltd
ultimate electrical solutions ltd Company Information
Group Structure
View All
Industry
Electrical installation
Registered Address
65 lower prestwood road, wolverhampton, WV11 1JY
ultimate electrical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMATE ELECTRICAL SOLUTIONS LTD at £43.1k based on a Turnover of £135.7k and 0.32x industry multiple (adjusted for size and gross margin).
ultimate electrical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMATE ELECTRICAL SOLUTIONS LTD at £30.8k based on an EBITDA of £9.2k and a 3.37x industry multiple (adjusted for size and gross margin).
ultimate electrical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ULTIMATE ELECTRICAL SOLUTIONS LTD at £119 based on Net Assets of £49 and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ultimate Electrical Solutions Ltd Overview
Ultimate Electrical Solutions Ltd is a live company located in wolverhampton, WV11 1JY with a Companies House number of 11584601. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2018, it's largest shareholder is michael rackham with a 100% stake. Ultimate Electrical Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £135.7k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ultimate Electrical Solutions Ltd Health Check
Pomanda's financial health check has awarded Ultimate Electrical Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £135.7k, make it smaller than the average company (£1.8m)
- Ultimate Electrical Solutions Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 138%, show it is growing at a faster rate (8%)
- Ultimate Electrical Solutions Ltd
8% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (26.6%)
- Ultimate Electrical Solutions Ltd
26.6% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (6.7%)
- Ultimate Electrical Solutions Ltd
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Ultimate Electrical Solutions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- Ultimate Electrical Solutions Ltd
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £67.9k, this is less efficient (£144.1k)
- Ultimate Electrical Solutions Ltd
£144.1k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (58 days)
- Ultimate Electrical Solutions Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (41 days)
- Ultimate Electrical Solutions Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ultimate Electrical Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ultimate Electrical Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (58.7%)
99.9% - Ultimate Electrical Solutions Ltd
58.7% - Industry AVG
ULTIMATE ELECTRICAL SOLUTIONS LTD financials
Ultimate Electrical Solutions Ltd's latest turnover from September 2023 is estimated at £135.7 thousand and the company has net assets of £49. According to their latest financial statements, Ultimate Electrical Solutions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 2 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,260 | 7,260 | 10,313 | 9,978 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 7,260 | 7,260 | 10,313 | 9,978 | |
| Stock & work in progress | |||||
| Trade Debtors | 28,257 | 15,046 | 21,659 | 3,200 | 18,880 |
| Group Debtors | |||||
| Misc Debtors | 26,536 | ||||
| Cash | 8,869 | ||||
| misc current assets | |||||
| total current assets | 28,257 | 15,046 | 21,659 | 38,605 | 18,880 |
| total assets | 35,517 | 22,306 | 31,972 | 48,583 | 18,880 |
| Bank overdraft | 10,000 | ||||
| Bank loan | |||||
| Trade Creditors | 35,468 | 29,123 | 14,052 | 1,280 | 6,634 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 22,951 | ||||
| total current liabilities | 35,468 | 29,123 | 14,052 | 34,231 | 6,634 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 10,695 | 695 | |||
| other liabilities | 9,439 | ||||
| provisions | |||||
| total long term liabilities | 20,134 | 695 | |||
| total liabilities | 35,468 | 29,123 | 34,186 | 34,231 | 7,329 |
| net assets | 49 | -6,817 | -2,214 | 14,352 | 11,551 |
| total shareholders funds | 49 | -6,817 | -2,214 | 14,352 | 11,551 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 13,211 | -6,613 | -8,077 | 10,856 | 18,880 |
| Creditors | 6,345 | 15,071 | 12,772 | -5,354 | 6,634 |
| Accruals and Deferred Income | -10,695 | -12,256 | 22,256 | 695 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -9,439 | 9,439 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -8,869 | 8,869 | |||
| overdraft | -10,000 | 10,000 | |||
| change in cash | 1,131 | -1,131 |
ultimate electrical solutions ltd Credit Report and Business Information
Ultimate Electrical Solutions Ltd Competitor Analysis
Perform a competitor analysis for ultimate electrical solutions ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WV11 area or any other competitors across 12 key performance metrics.
ultimate electrical solutions ltd Ownership
ULTIMATE ELECTRICAL SOLUTIONS LTD group structure
Ultimate Electrical Solutions Ltd has no subsidiary companies.
Ultimate parent company
ULTIMATE ELECTRICAL SOLUTIONS LTD
11584601
ultimate electrical solutions ltd directors
Ultimate Electrical Solutions Ltd currently has 1 director, Mr Michael Rackham serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Rackham | United Kingdom | 34 years | Sep 2018 | - | Director |
P&L
September 2023turnover
135.7k
+36%
operating profit
9.2k
0%
gross margin
17%
-0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
49
-1.01%
total assets
35.5k
+0.59%
cash
0
0%
net assets
Total assets minus all liabilities
ultimate electrical solutions ltd company details
company number
11584601
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
65 lower prestwood road, wolverhampton, WV11 1JY
Bank
-
Legal Advisor
-
ultimate electrical solutions 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 ultimate electrical solutions ltd.
ultimate electrical solutions 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 ULTIMATE ELECTRICAL SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
ultimate electrical solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
