plp electrical ltd
plp electrical ltd Company Information
Group Structure
View All
Industry
Electrical installation
Registered Address
7 castle street, bridgwater, TA6 3DT
Website
-plp electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of PLP ELECTRICAL LTD at £297.6k based on a Turnover of £761.4k and 0.39x industry multiple (adjusted for size and gross margin).
plp electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of PLP ELECTRICAL LTD at £463.2k based on an EBITDA of £104.5k and a 4.43x industry multiple (adjusted for size and gross margin).
plp electrical ltd Estimated Valuation
Pomanda estimates the enterprise value of PLP ELECTRICAL LTD at £449.8k based on Net Assets of £174.2k and 2.58x industry multiple (adjusted for liquidity).
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Plp Electrical Ltd Overview
Plp Electrical Ltd is a live company located in bridgwater, TA6 3DT with a Companies House number of 13229563. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2021, it's largest shareholder is ethan thomas johnson with a 100% stake. Plp Electrical Ltd is a startup, small sized company, Pomanda has estimated its turnover at £761.4k with unknown growth in recent years.
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Plp Electrical Ltd Health Check
Pomanda's financial health check has awarded Plp Electrical Ltd a 4 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
2 Regular
5 Weak
Size
annual sales of £761.4k, make it smaller than the average company (£2.3m)
- Plp Electrical Ltd
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Plp Electrical Ltd
- - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- Plp Electrical Ltd
26% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (6.7%)
- Plp Electrical Ltd
6.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (19)
4 - Plp Electrical Ltd
19 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
- Plp Electrical Ltd
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £190.3k, this is more efficient (£151.1k)
- Plp Electrical Ltd
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (56 days)
- Plp Electrical Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (41 days)
- Plp Electrical Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Plp Electrical Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (23 weeks)
8 weeks - Plp Electrical Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (60.6%)
37.1% - Plp Electrical Ltd
60.6% - Industry AVG
PLP ELECTRICAL LTD financials
Plp Electrical Ltd's latest turnover from March 2024 is estimated at £761.4 thousand and the company has net assets of £174.2 thousand. According to their latest financial statements, Plp Electrical Ltd has 4 employees and maintains cash reserves of £15.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Feb 2022 | |
|---|---|---|---|
| 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 | 4 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Feb 2022 | |
|---|---|---|---|
| Tangible Assets | 33,976 | 23,846 | 7,519 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 33,976 | 23,846 | 7,519 |
| Stock & work in progress | |||
| Trade Debtors | 185,628 | 40,943 | 298 |
| Group Debtors | |||
| Misc Debtors | 41,717 | 27,441 | 13,005 |
| Cash | 15,522 | 73,778 | 3,068 |
| misc current assets | |||
| total current assets | 242,867 | 142,162 | 16,371 |
| total assets | 276,843 | 166,008 | 23,890 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 43,705 | 12,521 | 7,550 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 50,488 | 45,060 | 5,010 |
| total current liabilities | 94,193 | 57,581 | 12,560 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 8,494 | 5,962 | |
| total long term liabilities | 8,494 | 5,962 | |
| total liabilities | 102,687 | 63,543 | 12,560 |
| net assets | 174,156 | 102,465 | 11,330 |
| total shareholders funds | 174,156 | 102,465 | 11,330 |
| Mar 2024 | Mar 2023 | Feb 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 11,229 | 7,850 | 1,650 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 158,961 | 55,081 | 13,303 |
| Creditors | 31,184 | 4,971 | 7,550 |
| Accruals and Deferred Income | 5,428 | 40,050 | 5,010 |
| Deferred Taxes & Provisions | 2,532 | 5,962 | |
| 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 | -58,256 | 70,710 | 3,068 |
| overdraft | |||
| change in cash | -58,256 | 70,710 | 3,068 |
plp electrical ltd Credit Report and Business Information
Plp Electrical Ltd Competitor Analysis
Perform a competitor analysis for plp electrical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TA6 area or any other competitors across 12 key performance metrics.
plp electrical ltd Ownership
PLP ELECTRICAL LTD group structure
Plp Electrical Ltd has no subsidiary companies.
Ultimate parent company
PLP ELECTRICAL LTD
13229563
plp electrical ltd directors
Plp Electrical Ltd currently has 1 director, Mr Ethan Johnson serving since Jun 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ethan Johnson | United Kingdom | 28 years | Jun 2021 | - | Director |
P&L
March 2024turnover
761.4k
+226%
operating profit
93.2k
0%
gross margin
26%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
174.2k
+0.7%
total assets
276.8k
+0.67%
cash
15.5k
-0.79%
net assets
Total assets minus all liabilities
Similar Companies
plp electrical ltd company details
company number
13229563
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
7 castle street, bridgwater, TA6 3DT
Bank
-
Legal Advisor
-
plp electrical 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 plp electrical ltd.
plp electrical 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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plp electrical ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
