Pomanda estimates the enterprise value of STORELECTRIC TEESSIDE LIMITED at £3m based on a Turnover of £2.3m and 1.35x industry multiple (adjusted for size and gross margin).
storelectric teesside limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of STORELECTRIC TEESSIDE LIMITED at £0 based on an EBITDA of £-674.4k and a 3.87x industry multiple (adjusted for size and gross margin).
storelectric teesside limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of STORELECTRIC TEESSIDE LIMITED at £0 based on Net Assets of £-2.2m and 2.54x industry multiple (adjusted for liquidity).
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Storelectric Teesside LimitedOverview
Storelectric Teesside Limited is a live company located in chester, CH1 1QE with a Companies House number of 14360553. It operates in the production of electricity sector, SIC Code 35110. Founded in September 2022, it's largest shareholder is
storelectric projects limited
with a 100% stake. Storelectric Teesside Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£2.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Storelectric Teesside Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£3.9m)
£2.3m - Storelectric Teesside Limited
£3.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Storelectric Teesside Limited
- - Industry AVG
Production
with a gross margin of 29.9%, this company has a higher cost of product (53.9%)
29.9% - Storelectric Teesside Limited
53.9% - Industry AVG
Profitability
an operating margin of -29.9% make it less profitable than the average company (31%)
-29.9% - Storelectric Teesside Limited
31% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Storelectric Teesside Limited
3 - Industry AVG
Pay Structure
on an average salary of £83.1k, the company has an equivalent pay structure (£83.1k)
£83.1k - Storelectric Teesside Limited
£83.1k - Industry AVG
Efficiency
resulting in sales per employee of £752.2k, this is equally as efficient (£720k)
£752.2k - Storelectric Teesside Limited
£720k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (13 days)
25 days - Storelectric Teesside Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 551 days, this is slower than average (30 days)
551 days - Storelectric Teesside Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Storelectric Teesside Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Storelectric Teesside Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1469.8%, this is a higher level of debt than the average (96.5%)
1469.8% - Storelectric Teesside Limited
96.5% - Industry AVG
STORELECTRIC TEESSIDE LIMITED financials
EXPORT
Storelectric Teesside Limited's latest turnover from March 2024 is estimated at £2.3 million and the company has net assets of -£2.2 million. According to their latest financial statements, Storelectric Teesside Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Sep 2023
Turnover
2,256,637
1,009,665
Other Income Or Grants
Cost Of Sales
1,582,211
611,374
Gross Profit
674,426
398,291
Admin Expenses
1,348,852
1,952,802
Operating Profit
-674,426
-1,554,511
Interest Payable
Interest Receivable
Pre-Tax Profit
-674,426
-1,554,511
Tax
Profit After Tax
-674,426
-1,554,511
Dividends Paid
Retained Profit
-674,426
-1,554,511
Employee Costs
249,269
71,178
Number Of Employees
3
1
EBITDA*
-674,426
-1,554,511
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Sep 2023
Tangible Assets
2,319
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,319
Stock & work in progress
Trade Debtors
158,118
26,573
Group Debtors
Misc Debtors
2,283
Cash
misc current assets
total current assets
160,401
26,573
total assets
162,720
26,573
Bank overdraft
Bank loan
Trade Creditors
2,391,657
1,581,084
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
2,391,657
1,581,084
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,391,657
1,581,084
net assets
-2,228,937
-1,554,511
total shareholders funds
-2,228,937
-1,554,511
Mar 2024
Sep 2023
Operating Activities
Operating Profit
-674,426
-1,554,511
Depreciation
Amortisation
Tax
Stock
Debtors
133,828
26,573
Creditors
810,573
1,581,084
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
2,319
Investing Activities
capital expenditure
-2,319
Change in Investments
cash flow from investments
-2,319
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
storelectric teesside 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 storelectric teesside limited. Get real-time insights into storelectric teesside limited's credit score, group structure and payment trends.
Perform a competitor analysis for storelectric teesside limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in CH1 area or any other competitors across 12 key performance metrics.
storelectric teesside limited Ownership
STORELECTRIC TEESSIDE LIMITED group structure
Storelectric Teesside Limited has 2 subsidiary companies.
The sole shareholder of Storelectric Teesside Limited is Storelectric Projects Limited.
storelectric projects limited
100%
storelectric teesside limited directors
Storelectric Teesside Limited currently has 4 directors.
The longest serving directors include
Mr Jeffrey Draper (Sep 2022) and
Mr Jeffrey Draper (Sep 2022).
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 storelectric teesside limited.
storelectric teesside 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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storelectric teesside limitedCompanies House Filings - See Documents
