o'hanlon electrical limited

o'hanlon electrical limited Company Information

Share O'HANLON ELECTRICAL LIMITED
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Company Number

NI602003

Industry

Transmission of electricity

 

Shareholders

stephen o'hanlon

brendan o'hanlon

Group Structure

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Contact

Registered Address

39 annaghmore road, coalisland, dungannon, county tyrone, BT71 4QZ

o'hanlon electrical limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of O'HANLON ELECTRICAL LIMITED at £3m based on a Turnover of £2.3m and 1.33x industry multiple (adjusted for size and gross margin).

o'hanlon electrical limited Estimated Valuation

£571.3k

Pomanda estimates the enterprise value of O'HANLON ELECTRICAL LIMITED at £571.3k based on an EBITDA of £150.5k and a 3.8x industry multiple (adjusted for size and gross margin).

o'hanlon electrical limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of O'HANLON ELECTRICAL LIMITED at £1.9m based on Net Assets of £702.4k and 2.76x industry multiple (adjusted for liquidity).

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O'hanlon Electrical Limited Overview

O'hanlon Electrical Limited is a live company located in dungannon, BT71 4QZ with a Companies House number of NI602003. It operates in the transmission of electricity sector, SIC Code 35120. Founded in February 2010, it's largest shareholder is stephen o'hanlon with a 50% stake. O'hanlon Electrical Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.

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O'hanlon Electrical Limited Health Check

Pomanda's financial health check has awarded O'Hanlon Electrical Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£8.9m)

£2.3m - O'hanlon Electrical Limited

£8.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.9%)

19% - O'hanlon Electrical Limited

8.9% - Industry AVG

production

Production

with a gross margin of 34.8%, this company has a higher cost of product (60.7%)

34.8% - O'hanlon Electrical Limited

60.7% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it less profitable than the average company (39.8%)

5.9% - O'hanlon Electrical Limited

39.8% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (20)

10 - O'hanlon Electrical Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.6k, the company has an equivalent pay structure (£77.6k)

£77.6k - O'hanlon Electrical Limited

£77.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £226.7k, this is less efficient (£966.8k)

£226.7k - O'hanlon Electrical Limited

£966.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is later than average (5 days)

66 days - O'hanlon Electrical Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 72 days, this is slower than average (13 days)

72 days - O'hanlon Electrical Limited

13 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (14 days)

3 days - O'hanlon Electrical Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (28 weeks)

74 weeks - O'hanlon Electrical Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.4%, this is a lower level of debt than the average (96.3%)

29.4% - O'hanlon Electrical Limited

96.3% - Industry AVG

O'HANLON ELECTRICAL LIMITED financials

EXPORTms excel logo

O'Hanlon Electrical Limited's latest turnover from March 2024 is estimated at £2.3 million and the company has net assets of £702.4 thousand. According to their latest financial statements, O'Hanlon Electrical Limited has 10 employees and maintains cash reserves of £417.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover2,266,8371,729,9521,396,9361,354,808950,5361,040,5551,044,972987,4401,312,7141,121,6321,678,4341,442,27500
Other Income Or Grants00000000000000
Cost Of Sales1,479,0081,114,097826,975925,951705,372748,684754,335733,164972,599856,4341,289,7551,140,44500
Gross Profit787,829615,855569,960428,857245,165291,871290,637254,276340,115265,198388,679301,82900
Admin Expenses654,582584,957503,645408,085217,882159,136179,28499,237269,059201,332374,532281,37400
Operating Profit133,24730,89866,31520,77227,283132,735111,353155,03971,05663,86614,14720,45500
Interest Payable000000146141000000
Interest Receivable18,59812,7071,8402372131,1921,0406571,0593344400
Pre-Tax Profit151,84543,60568,15421,00927,496133,927112,247155,55572,11564,20014,15120,45900
Tax-37,961-8,285-12,949-3,992-5,224-25,446-21,327-31,111-14,423-13,482-3,255-4,91000
Profit After Tax113,88435,32055,20517,01722,272108,48190,920124,44457,69250,71810,89615,54900
Dividends Paid00000000000000
Retained Profit113,88435,32055,20517,01722,272108,48190,920124,44457,69250,71810,89615,54900
Employee Costs776,492572,070519,578593,553625,969646,742657,151660,793615,67865,99557,00062,18600
Number Of Employees10881010101010911100
EBITDA*150,48237,85574,56728,90036,926142,378120,996164,68381,96975,02215,91720,45500

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets148,15262,61355,91324,38032,50942,15151,79461,43732,76833,4655,311000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets148,15262,61355,91324,38032,50942,15151,79461,43732,76833,4655,311000
Stock & work in progress13,53833,20045,901122,925178,82072,807116,41126,0005,00024,87014,2502,50000
Trade Debtors415,742401,218328,107356,935145,818467,218264,700261,45955,094286,190333,110212,94700
Group Debtors00000000000000
Misc Debtors00000000000000
Cash417,051291,463306,491184,107289,056137,016180,934235,213290,068133,67101,62800
misc current assets00000000000000
total current assets846,331725,881680,499663,967613,694677,041562,045522,672350,162444,731347,360217,07500
total assets994,483788,494736,412688,347646,203719,192613,839584,109382,930478,196352,671217,07500
Bank overdraft00000004,502000000
Bank loan00000000000000
Trade Creditors 292,079199,974183,212190,352165,225260,486263,614171,940248,069401,027326,220201,52000
Group/Directors Accounts0000000102,614000000
other short term finances00000000000000
hp & lease commitments000000020,300000000
other current liabilities000000025,448000000
total current liabilities292,079199,974183,212190,352165,225260,486263,614324,804248,069401,027326,220201,52000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities292,079199,974183,212190,352165,225260,486263,614324,804248,069401,027326,220201,52000
net assets702,404588,520553,200497,995480,978458,706350,225259,305134,86177,16926,45115,55500
total shareholders funds702,404588,520553,200497,995480,978458,706350,225259,305134,86177,16926,45115,55500
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit133,24730,89866,31520,77227,283132,735111,353155,03971,05663,86614,14720,45500
Depreciation17,2356,9578,2528,1289,6439,6439,6439,64410,91311,1561,770000
Amortisation00000000000000
Tax-37,961-8,285-12,949-3,992-5,224-25,446-21,327-31,111-14,423-13,482-3,255-4,91000
Stock-19,662-12,701-77,024-55,895106,013-43,60490,41121,000-19,87010,62011,7502,50000
Debtors14,52473,111-28,828211,117-321,400202,5183,241206,365-231,096-46,920120,163212,94700
Creditors92,10516,762-7,14025,127-95,261-3,12891,674-76,129-152,95874,807124,700201,52000
Accruals and Deferred Income000000-25,44825,448000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations209,764-14,078160,330-105,187151,828-45,11072,243-144,474165,554172,6475,4491,61800
Investing Activities
capital expenditure-102,774-13,657-39,7851-100-38,313-10,216-39,310-7,081000
Change in Investments00000000000000
cash flow from investments-102,774-13,657-39,7851-100-38,313-10,216-39,310-7,081000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000000-102,614102,614000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments000000-20,30020,300000000
other long term liabilities00000000000000
share issue00000000000600
interest18,59812,7071,8402372131,1928945161,0593344400
cash flow from financing18,59812,7071,8402372131,192-122,020123,4301,05933441000
cash and cash equivalents
cash125,588-15,028122,384-104,949152,040-43,918-54,279-54,855156,397133,671-1,6281,62800
overdraft000000-4,5024,502000000
change in cash125,588-15,028122,384-104,949152,040-43,918-49,777-59,357156,397133,671-1,6281,62800

o'hanlon 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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O'hanlon Electrical Limited Competitor Analysis

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Perform a competitor analysis for o'hanlon electrical limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other small companies, companies in BT71 area or any other competitors across 12 key performance metrics.

o'hanlon electrical limited Ownership

O'HANLON ELECTRICAL LIMITED group structure

O'Hanlon Electrical Limited has no subsidiary companies.

Ultimate parent company

O'HANLON ELECTRICAL LIMITED

NI602003

O'HANLON ELECTRICAL LIMITED Shareholders

stephen o'hanlon 50%
brendan o'hanlon 50%

o'hanlon electrical limited directors

O'Hanlon Electrical Limited currently has 2 directors. The longest serving directors include Mr Stephen O'Hanlon (Feb 2010) and Mr Brendan O'Hanlon (Jun 2012).

officercountryagestartendrole
Mr Stephen O'HanlonN Ireland47 years Feb 2010- Director
Mr Brendan O'HanlonNorthern Ireland76 years Jun 2012- Director

P&L

March 2024

turnover

2.3m

+31%

operating profit

133.2k

0%

gross margin

34.8%

-2.37%

turnover

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

Balance Sheet

March 2024

net assets

702.4k

+0.19%

total assets

994.5k

+0.26%

cash

417.1k

+0.43%

net assets

Total assets minus all liabilities

o'hanlon electrical limited company details

company number

NI602003

Type

Private limited with Share Capital

industry

35120 - Transmission of electricity

incorporation date

February 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

b f o'hanlon & sons electrical contractors limited (March 2010)

accountant

O'HAGEN MCGLINCHEY & CO

auditor

-

address

39 annaghmore road, coalisland, dungannon, county tyrone, BT71 4QZ

Bank

-

Legal Advisor

-

o'hanlon electrical limited 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 o'hanlon electrical limited.

o'hanlon electrical 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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o'hanlon electrical limited Companies House Filings - See Documents

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