
Company Number
12692472
Next Accounts
40 days late
Shareholders
megan green
luke green
Group Structure
View All
Industry
Electrical installation
Registered Address
solutions house, 56-58 peregrine road, ilford, IG6 3SZ
Website
lrelec.co.ukPomanda estimates the enterprise value of L & R ELECTRICAL LTD at £61.9k based on a Turnover of £198.1k and 0.31x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of L & R ELECTRICAL LTD at £0 based on an EBITDA of £-95.8k and a 3.09x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of L & R ELECTRICAL LTD at £0 based on Net Assets of £-93.2k and 2.2x industry multiple (adjusted for liquidity).
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L & R Electrical Ltd is a live company located in ilford, IG6 3SZ with a Companies House number of 12692472. It operates in the electrical installation sector, SIC Code 43210. Founded in June 2020, it's largest shareholder is megan green with a 50% stake. L & R Electrical Ltd is a young, micro sized company, Pomanda has estimated its turnover at £198.1k with unknown growth in recent years.
Pomanda's financial health check has awarded L & R Electrical Ltd a 2.5 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
3 Strong
1 Regular
5 Weak
Size
annual sales of £198.1k, make it smaller than the average company (£1.5m)
- L & R Electrical Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- L & R Electrical Ltd
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (26.4%)
- L & R Electrical Ltd
26.4% - Industry AVG
Profitability
an operating margin of -48.4% make it less profitable than the average company (6.6%)
- L & R Electrical Ltd
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - L & R Electrical Ltd
15 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- L & R Electrical Ltd
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £198.1k, this is more efficient (£140k)
- L & R Electrical Ltd
£140k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (57 days)
- L & R Electrical Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (42 days)
- L & R Electrical Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- L & R Electrical Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - L & R Electrical Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 558.7%, this is a higher level of debt than the average (60.1%)
558.7% - L & R Electrical Ltd
60.1% - Industry AVG
L & R Electrical Ltd's latest turnover from June 2023 is estimated at £198.1 thousand and the company has net assets of -£93.2 thousand. According to their latest financial statements, L & R Electrical Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
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 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
Tangible Assets | 2,479 | 2,479 | |
Intangible Assets | |||
Investments & Other | |||
Debtors (Due After 1 year) | |||
Total Fixed Assets | 2,479 | 2,479 | |
Stock & work in progress | |||
Trade Debtors | 17,840 | 64,592 | 16,830 |
Group Debtors | |||
Misc Debtors | |||
Cash | |||
misc current assets | |||
total current assets | 17,840 | 64,592 | 16,830 |
total assets | 20,319 | 67,071 | 16,830 |
Bank overdraft | |||
Bank loan | |||
Trade Creditors | 113,518 | 64,435 | 16,682 |
Group/Directors Accounts | |||
other short term finances | |||
hp & lease commitments | |||
other current liabilities | |||
total current liabilities | 113,518 | 64,435 | 16,682 |
loans | |||
hp & lease commitments | |||
Accruals and Deferred Income | |||
other liabilities | |||
provisions | |||
total long term liabilities | |||
total liabilities | 113,518 | 64,435 | 16,682 |
net assets | -93,199 | 2,636 | 148 |
total shareholders funds | -93,199 | 2,636 | 148 |
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | |||
Amortisation | |||
Tax | |||
Stock | |||
Debtors | -46,752 | 47,762 | 16,830 |
Creditors | 49,083 | 47,753 | 16,682 |
Accruals and Deferred Income | |||
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 | |||
share issue | |||
interest | |||
cash flow from financing | |||
cash and cash equivalents | |||
cash | |||
overdraft | |||
change in cash |
Perform a competitor analysis for l & r electrical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in IG6 area or any other competitors across 12 key performance metrics.
L & R ELECTRICAL LTD group structure
L & R Electrical Ltd has no subsidiary companies.
Ultimate parent company
L & R ELECTRICAL LTD
12692472
L & R Electrical Ltd currently has 2 directors. The longest serving directors include Mr Luke Green (Jun 2020) and Mrs Megan Green (Feb 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Luke Green | England | 32 years | Jun 2020 | - | Director |
Mrs Megan Green | England | 32 years | Feb 2022 | - | Director |
P&L
June 2023turnover
198.1k
-6%
operating profit
-95.8k
0%
gross margin
16.9%
-1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-93.2k
-36.36%
total assets
20.3k
-0.7%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
company number
12692472
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
solutions house, 56-58 peregrine road, ilford, IG6 3SZ
Bank
-
Legal Advisor
-
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 l & r electrical ltd.
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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