prowess electrical solutions ltd

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prowess electrical solutions ltd Company Information

Share PROWESS ELECTRICAL SOLUTIONS LTD

Company Number

12110096

Directors

Shane Lothian

Shareholders

shane lothian

Group Structure

View All

Industry

Electrical installation

 

Registered Address

1 billing road, northampton, northamptonshire, NN1 5AL

Website

-

prowess electrical solutions ltd Estimated Valuation

£15.7k

Pomanda estimates the enterprise value of PROWESS ELECTRICAL SOLUTIONS LTD at £15.7k based on a Turnover of £48.9k and 0.32x industry multiple (adjusted for size and gross margin).

prowess electrical solutions ltd Estimated Valuation

£13.6k

Pomanda estimates the enterprise value of PROWESS ELECTRICAL SOLUTIONS LTD at £13.6k based on an EBITDA of £4k and a 3.42x industry multiple (adjusted for size and gross margin).

prowess electrical solutions ltd Estimated Valuation

£7k

Pomanda estimates the enterprise value of PROWESS ELECTRICAL SOLUTIONS LTD at £7k based on Net Assets of £2.9k and 2.45x industry multiple (adjusted for liquidity).

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Prowess Electrical Solutions Ltd Overview

Prowess Electrical Solutions Ltd is a live company located in northamptonshire, NN1 5AL with a Companies House number of 12110096. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2019, it's largest shareholder is shane lothian with a 100% stake. Prowess Electrical Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £48.9k with rapid growth in recent years.

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Prowess Electrical Solutions Ltd Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £48.9k, make it smaller than the average company (£1.2m)

£48.9k - Prowess Electrical Solutions Ltd

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 146%, show it is growing at a faster rate (7.6%)

146% - Prowess Electrical Solutions Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 16.9%, this company has a higher cost of product (26.5%)

16.9% - Prowess Electrical Solutions Ltd

26.5% - Industry AVG

profitability

Profitability

an operating margin of 8.2% make it more profitable than the average company (6.6%)

8.2% - Prowess Electrical Solutions Ltd

6.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Prowess Electrical Solutions Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £42k, the company has an equivalent pay structure (£42k)

£42k - Prowess Electrical Solutions Ltd

£42k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.9k, this is less efficient (£140.1k)

£48.9k - Prowess Electrical Solutions Ltd

£140.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is near the average (57 days)

65 days - Prowess Electrical Solutions Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (42 days)

105 days - Prowess Electrical Solutions Ltd

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prowess Electrical Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Prowess Electrical Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (59.7%)

87.4% - Prowess Electrical Solutions Ltd

59.7% - Industry AVG

PROWESS ELECTRICAL SOLUTIONS LTD financials

EXPORTms excel logo

Prowess Electrical Solutions Ltd's latest turnover from July 2023 is estimated at £48.9 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, Prowess Electrical Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020
Turnover48,87042,31017,9563,275
Other Income Or Grants
Cost Of Sales40,61735,10115,197724
Gross Profit8,2547,2092,7582,551
Admin Expenses4,2654,1357,141375
Operating Profit3,9893,074-4,3832,176
Interest Payable
Interest Receivable
Pre-Tax Profit3,9893,074-4,3832,176
Tax-997-584-414
Profit After Tax2,9922,490-4,3831,762
Dividends Paid
Retained Profit2,9922,490-4,3831,762
Employee Costs41,97139,96740,14539,435
Number Of Employees1111
EBITDA*3,9893,074-4,3832,176

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020
Tangible Assets13,83720,755
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets13,83720,755
Stock & work in progress
Trade Debtors8,7735,27371,383
Group Debtors
Misc Debtors719
Cash174
misc current assets
total current assets8,7735,27372,276
total assets22,61026,02872,276
Bank overdraft
Bank loan
Trade Creditors 11,77612,1921,908
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities11,77612,1921,908
loans
hp & lease commitments
Accruals and Deferred Income1,152720
other liabilities7,97312,815
provisions414
total long term liabilities7,97313,967720414
total liabilities19,74926,1592,628414
net assets2,861-131-2,6211,862
total shareholders funds2,861-131-2,6211,862
Jul 2023Jul 2022Jul 2021Jul 2020
Operating Activities
Operating Profit3,9893,074-4,3832,176
Depreciation
Amortisation
Tax-997-584-414
Stock
Debtors3,5005,266-2,0952,102
Creditors-41610,2841,908
Accruals and Deferred Income-1,152432720
Deferred Taxes & Provisions-414414
Cash flow from operations-2,0767,940-7474
Investing Activities
capital expenditure6,918-20,755
Change in Investments
cash flow from investments6,918-20,755
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,84212,815
share issue-100100
interest
cash flow from financing-4,84212,815-100100
cash and cash equivalents
cash-174174
overdraft
change in cash-174174

prowess electrical solutions ltd 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 prowess electrical solutions ltd. Get real-time insights into prowess electrical solutions ltd's credit score, group structure and payment trends.

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Prowess Electrical Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for prowess electrical solutions ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NN1 area or any other competitors across 12 key performance metrics.

prowess electrical solutions ltd Ownership

PROWESS ELECTRICAL SOLUTIONS LTD group structure

Prowess Electrical Solutions Ltd has no subsidiary companies.

Ultimate parent company

PROWESS ELECTRICAL SOLUTIONS LTD

12110096

PROWESS ELECTRICAL SOLUTIONS LTD Shareholders

shane lothian 100%

prowess electrical solutions ltd directors

Prowess Electrical Solutions Ltd currently has 1 director, Mr Shane Lothian serving since Jul 2019.

officercountryagestartendrole
Mr Shane LothianEngland33 years Jul 2019- Director

P&L

July 2023

turnover

48.9k

+16%

operating profit

4k

0%

gross margin

16.9%

-0.88%

turnover

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

Balance Sheet

July 2023

net assets

2.9k

-22.84%

total assets

22.6k

-0.13%

cash

0

0%

net assets

Total assets minus all liabilities

prowess electrical solutions ltd company details

company number

12110096

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

July 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

N/A

accountant

BILERI ACCOUNTANTS LTD

auditor

-

address

1 billing road, northampton, northamptonshire, NN1 5AL

Bank

-

Legal Advisor

-

prowess 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 prowess electrical solutions ltd.

prowess 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.

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prowess electrical solutions ltd Companies House Filings - See Documents

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