bi electrical services (ni) ltdEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of BI ELECTRICAL SERVICES (NI) LTD at £2.6m based on a Turnover of £6.1m and 0.43x industry multiple (adjusted for size and gross margin).
bi electrical services (ni) ltdEstimated Valuation
£1m
Pomanda estimates the enterprise value of BI ELECTRICAL SERVICES (NI) LTD at £1m based on an EBITDA of £243.6k and a 4.28x industry multiple (adjusted for size and gross margin).
bi electrical services (ni) ltdEstimated Valuation
£7.3m
Pomanda estimates the enterprise value of BI ELECTRICAL SERVICES (NI) LTD at £7.3m based on Net Assets of £3.3m and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bi Electrical Services (ni) LtdOverview
Bi Electrical Services (ni) Ltd is a live company located in newtownabbey, BT36 4PT with a Companies House number of NI051722. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2004, it's largest shareholder is
greenview gas ltd
with a 100% stake. Bi Electrical Services (ni) Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Bi Electrical Services (Ni) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £6.1m, make it larger than the average company (£2.4m)
£6.1m - Bi Electrical Services (ni) Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.7%)
15% - Bi Electrical Services (ni) Ltd
11.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (25.7%)
25.7% - Bi Electrical Services (ni) Ltd
25.7% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (6.7%)
4% - Bi Electrical Services (ni) Ltd
6.7% - Industry AVG
Employees
with 46 employees, this is above the industry average (20)
46 - Bi Electrical Services (ni) Ltd
20 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
£44.9k - Bi Electrical Services (ni) Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £131.6k, this is equally as efficient (£150.9k)
£131.6k - Bi Electrical Services (ni) Ltd
£150.9k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (56 days)
52 days - Bi Electrical Services (ni) Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (41 days)
93 days - Bi Electrical Services (ni) Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (10 days)
3 days - Bi Electrical Services (ni) Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Bi Electrical Services (ni) Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a similar level of debt than the average (60.9%)
57.6% - Bi Electrical Services (ni) Ltd
60.9% - Industry AVG
BI ELECTRICAL SERVICES (NI) LTD financials
EXPORT
Bi Electrical Services (Ni) Ltd's latest turnover from March 2024 is estimated at £6.1 million and the company has net assets of £3.3 million. According to their latest financial statements, Bi Electrical Services (Ni) Ltd has 46 employees and maintains cash reserves of £30.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
6,053,755
9,107,218
6,772,133
4,030,783
2,952,318
2,589,799
2,916,618
6,162,435
11,825,912
17,783,379
16,442,000
12,211,852
7,847,099
5,232,764
Other Income Or Grants
Cost Of Sales
4,496,845
6,740,120
5,034,079
3,008,593
2,188,349
1,881,686
2,097,189
5,713,988
10,124,207
12,552,477
11,369,525
8,265,773
5,291,191
3,553,663
Gross Profit
1,556,910
2,367,098
1,738,054
1,022,190
763,969
708,113
819,429
448,447
1,701,705
5,230,902
5,072,475
3,946,079
2,555,908
1,679,101
Admin Expenses
1,317,693
1,426,958
27,661
-176,765
951,531
949,198
316,246
831,463
1,252,709
1,245,682
1,154,432
905,312
823,153
722,417
-1,798,315
Operating Profit
239,217
940,140
1,710,393
1,198,955
-187,562
-241,085
503,183
-383,016
448,996
3,985,220
3,918,043
3,040,767
1,732,755
956,684
1,798,315
Interest Payable
6,018
5,795
2
641
3,691
Interest Receivable
2,465
6,387
2,290
209
26
94
44
8,050
19,335
61,910
71,366
2,384
938
5,788
3,864
Pre-Tax Profit
241,681
946,527
1,712,684
1,199,164
-187,536
-247,009
497,432
-374,966
468,329
4,046,489
3,985,718
3,043,151
1,733,693
962,472
1,802,179
Tax
-60,420
-179,840
-325,410
-227,841
-94,512
1,472
-100,886
-878,515
-934,247
-749,153
-466,801
-262,302
-504,610
Profit After Tax
181,261
766,687
1,387,274
971,323
-187,536
-247,009
402,920
-373,494
367,443
3,167,974
3,051,471
2,293,998
1,266,892
700,170
1,297,569
Dividends Paid
500,000
6,000,000
500,000
500,004
500,000
Retained Profit
181,261
766,687
1,387,274
971,323
-187,536
-247,009
402,920
-873,494
-5,632,557
3,167,974
2,551,471
1,793,994
1,266,892
200,170
1,297,569
Employee Costs
2,064,509
2,017,217
1,806,531
1,298,268
891,401
883,704
965,059
1,357,389
2,349,440
3,768,302
3,385,488
2,569,519
1,923,807
1,672,940
Number Of Employees
46
48
45
33
22
22
25
40
59
56
47
43
36
46
EBITDA*
243,579
943,925
1,713,035
1,202,208
-180,800
-241,085
555,226
-325,240
518,501
4,051,842
3,969,648
3,082,158
1,761,993
983,583
1,850,345
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
11,323
13,995
13,614
6,503
2,972
9,734
37,089
89,378
138,017
183,012
181,459
111,689
113,759
70,898
79,388
Intangible Assets
Investments & Other
200,000
700,000
700,000
625,000
50,000
50,000
2
Debtors (Due After 1 year)
755,513
Total Fixed Assets
11,323
13,995
13,614
6,503
2,972
9,734
237,089
789,378
838,017
808,012
986,972
161,689
113,761
70,898
79,388
Stock & work in progress
44,759
51,642
32,491
47,687
18,362
18,362
22,581
24,573
36,094
46,212
41,224
45,090
27,214
19,628
20,378
Trade Debtors
865,436
1,290,617
1,479,956
575,559
530,902
365,258
685,747
2,018,187
3,859,059
4,690,499
5,189,593
3,467,424
321,616
182,177
416,290
Group Debtors
6,486,325
3,783,036
2,856,757
1,729,108
102,317
506,705
148,051
292,024
109,234
443,512
446,975
1,362,609
2,024,515
Misc Debtors
401,843
391,912
841,495
947,772
507,654
253,103
16,250
66,275
98,710
41,854
40,918
115,914
Cash
30,392
63,499
237,062
373,732
44,811
7,254
17,727
1,388,794
467,960
6,402,423
2,837,677
1,529,734
1,988,823
1,847,303
1,545,534
misc current assets
total current assets
7,828,755
5,580,706
5,447,761
3,673,858
1,204,046
1,150,682
890,356
3,789,853
4,571,057
11,624,500
8,556,387
6,404,857
4,362,168
2,165,022
1,982,202
total assets
7,840,078
5,594,701
5,461,375
3,680,361
1,207,018
1,160,416
1,127,445
4,579,231
5,409,074
12,432,512
9,543,359
6,566,546
4,475,929
2,235,920
2,061,590
Bank overdraft
Bank loan
Trade Creditors
1,157,384
2,451,042
1,169,509
1,019,699
521,661
586,021
297,889
448,320
467,725
492,832
669,890
614,262
623,940
113,415
714,021
Group/Directors Accounts
1,623,448
438,326
407,195
366,638
117,687
81,300
96,000
100,000
175,000
other short term finances
178,305
hp & lease commitments
other current liabilities
1,734,326
1,476,568
1,263,769
300,344
250,797
117,031
212,892
244,364
1,604,581
1,612,191
1,168,107
1,034,724
574,766
total current liabilities
4,515,158
2,451,042
3,084,403
2,690,663
1,188,643
954,505
674,525
757,212
712,089
2,097,413
2,382,081
1,957,369
1,658,664
688,181
714,021
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,472
7,029
1,182
552
2,634
total long term liabilities
1,472
7,029
1,182
552
2,634
total liabilities
4,515,158
2,451,042
3,084,403
2,690,663
1,188,643
954,505
674,525
757,212
713,561
2,104,442
2,383,263
1,957,921
1,661,298
688,181
714,021
net assets
3,324,920
3,143,659
2,376,972
989,698
18,375
205,911
452,920
3,822,019
4,695,513
10,328,070
7,160,096
4,608,625
2,814,631
1,547,739
1,347,569
total shareholders funds
3,324,920
3,143,659
2,376,972
989,698
18,375
205,911
452,920
3,822,019
4,695,513
10,328,070
7,160,096
4,608,625
2,814,631
1,547,739
1,347,569
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
239,217
940,140
1,710,393
1,198,955
-187,562
-241,085
503,183
-383,016
448,996
3,985,220
3,918,043
3,040,767
1,732,755
956,684
1,798,315
Depreciation
4,362
3,785
2,642
3,253
6,762
52,043
57,776
69,505
66,622
51,605
41,391
29,238
26,899
52,030
Amortisation
Tax
-60,420
-179,840
-325,410
-227,841
-94,512
1,472
-100,886
-878,515
-934,247
-749,153
-466,801
-262,302
-504,610
Stock
-6,883
19,151
-15,196
29,325
-4,219
22,581
-11,521
-10,118
4,988
-3,866
17,876
7,586
-750
20,378
Debtors
2,288,039
287,357
1,925,769
2,111,566
15,807
275,018
850,048
-1,690,517
-1,108,862
-1,257,134
1,602,966
2,483,902
2,048,040
-118,199
416,290
Creditors
-1,293,658
1,281,533
149,810
498,038
-64,360
288,132
297,889
-19,405
-25,107
-177,058
55,628
-9,678
510,525
-600,606
714,021
Accruals and Deferred Income
1,734,326
-1,476,568
212,799
963,425
49,547
133,766
117,031
-31,472
-1,360,217
-7,610
444,084
133,383
459,958
574,766
Deferred Taxes & Provisions
-1,472
-5,557
5,847
630
-2,082
2,634
Cash flow from operations
-1,657,329
262,542
-160,339
294,939
-211,420
-89,986
3,005
1,325,921
145,714
4,246,652
1,936,643
-47,150
212,683
814,390
1,623,088
Investing Activities
capital expenditure
-1,690
-4,166
-9,753
-6,784
27,355
-89,132
1,639
-95,883
-63,173
-120,607
-39,321
-67,458
-18,409
-131,418
Change in Investments
-200,000
200,000
75,000
575,000
49,998
2
cash flow from investments
-1,690
-4,166
-9,753
-6,784
227,355
-289,132
1,639
-170,883
-638,173
-120,607
-89,319
-67,460
-18,409
-131,418
Financing Activities
Bank loans
Group/Directors Accounts
1,623,448
-438,326
31,131
40,557
248,951
36,387
81,300
96,000
-100,000
-75,000
175,000
Other Short Term Loans
-178,305
178,305
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
50,000
50,000
interest
2,465
6,387
2,290
209
26
-5,924
-5,751
8,050
19,333
61,269
67,675
2,384
938
5,788
3,864
cash flow from financing
1,625,913
-431,939
33,421
40,766
248,977
-147,842
303,854
104,050
19,333
-38,731
-7,325
177,384
938
5,788
53,864
cash and cash equivalents
cash
-33,107
-173,563
-136,670
328,921
37,557
-10,473
17,727
920,834
-5,934,463
3,564,746
1,307,943
-459,089
141,520
301,769
1,545,534
overdraft
change in cash
-33,107
-173,563
-136,670
328,921
37,557
-10,473
17,727
920,834
-5,934,463
3,564,746
1,307,943
-459,089
141,520
301,769
1,545,534
bi electrical services (ni) 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 bi electrical services (ni) ltd. Get real-time insights into bi electrical services (ni) ltd's credit score, group structure and payment trends.
Bi Electrical Services (ni) Ltd Competitor Analysis
Perform a competitor analysis for bi electrical services (ni) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT36 area or any other competitors across 12 key performance metrics.
bi electrical services (ni) ltd Ownership
BI ELECTRICAL SERVICES (NI) LTD group structure
Bi Electrical Services (Ni) Ltd has no subsidiary companies.
11 michelin road, mallusk, newtownabbey, co antrim, BT36 4PT
Bank
ULSTER BANK LTD
Legal Advisor
-
bi electrical services (ni) 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 found 4 charges/mortgages relating to bi electrical services (ni) ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
bi electrical services (ni) 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.
Click to start generating capital raising & share issue transactions for BI ELECTRICAL SERVICES (NI) LTD. This can take several minutes, an email will notify you when this has completed.
bi electrical services (ni) ltdCompanies House Filings - See Documents
