Pomanda estimates the enterprise value of MYRAH ELECTRICAL LIMITED at £2.1m based on a Turnover of £1.7m and 1.29x industry multiple (adjusted for size and gross margin).
myrah electrical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MYRAH ELECTRICAL LIMITED at £0 based on an EBITDA of £-234k and a 4.01x industry multiple (adjusted for size and gross margin).
myrah electrical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MYRAH ELECTRICAL LIMITED at £0 based on Net Assets of £-265.5k and 2.71x industry multiple (adjusted for liquidity).
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Myrah Electrical LimitedOverview
Myrah Electrical Limited is a live company located in bristol, BS32 4JY with a Companies House number of 11904968. It operates in the trade of electricity sector, SIC Code 35140. Founded in March 2019, it's largest shareholder is
michael allen
with a 99% stake. Myrah Electrical Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Myrah Electrical Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£21.2m)
£1.7m - Myrah Electrical Limited
£21.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Myrah Electrical Limited
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
18.1% - Myrah Electrical Limited
18.1% - Industry AVG
Profitability
an operating margin of -15.1% make it less profitable than the average company (4.8%)
-15.1% - Myrah Electrical Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Myrah Electrical Limited
22 - Industry AVG
Pay Structure
on an average salary of £53.7k, the company has an equivalent pay structure (£53.7k)
£53.7k - Myrah Electrical Limited
£53.7k - Industry AVG
Efficiency
resulting in sales per employee of £825.5k, this is equally as efficient (£854.1k)
£825.5k - Myrah Electrical Limited
£854.1k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (27 days)
22 days - Myrah Electrical Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (12 days)
25 days - Myrah Electrical Limited
12 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (16 days)
2 days - Myrah Electrical Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is average cash available to meet short term requirements (8 weeks)
7 weeks - Myrah Electrical Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220%, this is a higher level of debt than the average (89.5%)
220% - Myrah Electrical Limited
89.5% - Industry AVG
MYRAH ELECTRICAL LIMITED financials
EXPORT
Myrah Electrical Limited's latest turnover from June 2023 is estimated at £1.7 million and the company has net assets of -£265.5 thousand. According to their latest financial statements, we estimate that Myrah Electrical Limited has 2 employees and maintains cash reserves of £61.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Mar 2021
Mar 2020
Turnover
1,651,032
918,343
286,265
Other Income Or Grants
Cost Of Sales
1,352,501
788,745
259,801
Gross Profit
298,531
129,597
26,464
Admin Expenses
547,837
147,458
22,349
-4,503
Operating Profit
-249,306
-17,861
4,115
4,503
Interest Payable
4,217
3,383
1,525
Interest Receivable
2,802
600
23
Pre-Tax Profit
-250,720
-20,645
2,612
4,502
Tax
-496
-855
Profit After Tax
-250,720
-20,645
2,116
3,647
Dividends Paid
Retained Profit
-250,720
-20,645
2,116
3,647
Employee Costs
107,377
83,452
41,379
Number Of Employees
2
2
1
EBITDA*
-233,958
-5,240
5,065
5,201
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Mar 2021
Mar 2020
Tangible Assets
46,307
60,482
2,852
3,802
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
46,307
60,482
2,852
3,802
Stock & work in progress
10,000
10,000
10,000
Trade Debtors
99,798
106,695
Group Debtors
Misc Debtors
3,215
23,592
25,432
2,002
Cash
61,891
50,196
45,730
misc current assets
total current assets
174,904
190,483
81,162
2,002
total assets
221,211
250,965
84,014
5,804
Bank overdraft
2
Bank loan
Trade Creditors
94,809
44,786
Group/Directors Accounts
322,968
129,731
24,339
other short term finances
10,000
10,000
5,417
hp & lease commitments
other current liabilities
810
2,010
3,270
1,333
total current liabilities
428,587
186,527
33,026
1,335
loans
23,333
33,333
44,583
hp & lease commitments
25,994
34,394
Accruals and Deferred Income
other liabilities
provisions
8,798
11,492
542
722
total long term liabilities
58,125
79,219
45,125
722
total liabilities
486,712
265,746
78,151
2,057
net assets
-265,501
-14,781
5,863
3,747
total shareholders funds
-265,501
-14,781
5,863
3,747
Jun 2023
Jun 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
-249,306
-17,861
4,115
4,503
Depreciation
15,348
12,621
950
698
Amortisation
Tax
-496
-855
Stock
10,000
Debtors
-27,274
104,855
23,430
2,002
Creditors
50,023
44,786
Accruals and Deferred Income
-1,200
-1,260
1,937
1,333
Deferred Taxes & Provisions
-2,694
10,950
-180
722
Cash flow from operations
-160,555
-55,619
-27,104
4,399
Investing Activities
capital expenditure
-1,173
-70,251
-4,500
Change in Investments
cash flow from investments
-1,173
-70,251
-4,500
Financing Activities
Bank loans
Group/Directors Accounts
193,237
105,392
24,339
Other Short Term Loans
4,583
5,417
Long term loans
-10,000
-11,250
44,583
Hire Purchase and Lease Commitments
-8,400
34,394
other long term liabilities
share issue
1
100
interest
-1,415
-2,783
-1,502
cash flow from financing
173,422
130,337
72,837
100
cash and cash equivalents
cash
11,695
4,466
45,730
overdraft
-2
2
change in cash
11,695
4,466
45,732
-2
myrah electrical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for myrah electrical limited. Get real-time insights into myrah electrical limited's credit score, group structure and payment trends.
Perform a competitor analysis for myrah electrical limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BS32 area or any other competitors across 12 key performance metrics.
myrah electrical limited Ownership
MYRAH ELECTRICAL LIMITED group structure
Myrah Electrical Limited has no subsidiary companies.
Ultimate parent company
MYRAH ELECTRICAL LIMITED
11904968
MYRAH ELECTRICAL LIMITED Shareholders
The largest shareholders in Myrah Electrical Limited include Michael Allen and Sarah Harding.
michael allen
99.01%
sarah harding
0.99%
myrah electrical limited directors
Myrah Electrical Limited currently has 1 director, Mr Michael Allen serving since Mar 2019.
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 myrah electrical limited.
myrah 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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myrah electrical limitedCompanies House Filings - See Documents
