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abax electrical limited

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abax electrical limited Company Information

company number

NI072422

incorporation date

April 2009

registered address

45 STRAHULTER ROAD, NEWTOWNSTEWART, BT78 4ED

telephone

07734230296

Website

-

net assets

791,926

turnover (est)

£3,677,561

map

£999.2k

This is Pomanda's estimated valuation of ABAX ELECTRICAL LIMITED based on a Turnover of £3.7m and 0.27x industry multiple (adjusted for size and gross margin).

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Industry Breakdown

100% Electrical installation

The Industry Breakdown is vital for the calculation of Valuations, Pomanda Estimates and Similar Companies. Create a customised breakdown that accurately reflects the business operations.

Industry Turnover Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.

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MCCREA SERVICES LIMITED100%97%13 miles
MILLAR & MATCHETT LIMITED100%100%56 miles
R O'NEILL ELECTRICAL LIMITED100%98%41 miles
O K ELECTRICS LIMITED100%97%41 miles
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Balance Sheet  March 2020

net assets

791.9k

-0.03%

total assets

1.3m

+0.13%

cash

39.9k

-0.4%

net assets

Total assets minus all liabilities

Profit & Loss  March 2020

turnover

3.7m

0%

operating profit

-27.9k

0%

gross margin

25.4%

-7.45%

turnover

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

abax electrical limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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abax electrical limited interested in funding or investment

Funding Interest

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abax electrical limited Ownership

group structure

Ultimate parent company

ABAX ELECTRICAL LIMITED

NI072422

ashley baxter 50%
pamela baxter 50%

abax electrical limited directors

officercountryagestartendrole
Mr Ashley Baxter36 years Apr 2009- Director

ABAX ELECTRICAL LIMITED financials

Data source: Companies HousePomanda Estimates

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover3,677,5612,770,0281,667,8111,098,4211,430,667
Cost Of Sales2,746,2002,012,0711,193,870776,367990,715
Gross Profit931,361757,957473,942322,054439,952
Admin Expenses959,228493,988225,113223,779270,139
Operating Profit-27,867263,969248,82998,275169,813
Interest Payable00000
Interest Receivable399938814326518
Pre-Tax Profit-27,468264,907249,64398,601170,331
Tax0-50,332-47,432-19,720-34,066
Profit After Tax-27,468214,575202,21178,881136,265
Dividends Paid00000
Retained Profit-27,468214,575202,21178,881136,265
Employee Costs980,950473,417266,938235,832435,540
Number Of Employees25127611
EBITDA*72,026329,375294,282119,294199,079

* Earnings Before Interest, Tax, Depreciation and Amortisation

abax electrical limited company details

company number

NI072422

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

April 2009

age

12

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

45 STRAHULTER ROAD, NEWTOWNSTEWART, BT78 4ED

last accounts submitted

March 2020