A I B Electrical Wholesale (glasgow) Limited

POWER SEARCH PRICING

SOLUTIONS

a i b electrical wholesale (glasgow) limited Company Information

Live

MatureMidHigh

Company Number

SC058490

Website

www.aib-electrical.co.uk

Registered Address

161-181 whitefield road, govan, glasgow, G51 2SD

Industry

Wholesale of hardware, plumbing and heating equipment and supplies

Telephone

01414456633

Next Accounts Due

May 2025

Group Structure

View All

Directors

Andrew Burt35 Years

Shareholders

andrew kennedy burt 100%

a i b electrical wholesale (glasgow) limited Estimated Valuation

£113.8k - £2.3m

The estimated valuation range for a i b electrical wholesale (glasgow) limited, derived from financial data as of August 2023 and the most recent industry multiples, is between £113.8k to £2.3m

Get a detailed valuation report, edit figures and unlock valuation multiples.

A I B Electrical Wholesale (glasgow) Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

A I B Electrical Wholesale (glasgow) Limited is a live company located in glasgow, G51 2SD with a Companies House number of SC058490. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in August 1975, it's largest shareholder is andrew kennedy burt with a 100% stake. A I B Electrical Wholesale (glasgow) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded A I B Electrical Wholesale (Glasgow) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £5.7m, make it smaller than the average company (£19.6m)

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.3%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for a i b electrical wholesale (glasgow) limited. Get real-time insights into a i b electrical wholesale (glasgow) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for a i b electrical wholesale (glasgow) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

A I B ELECTRICAL WHOLESALE (GLASGOW) LIMITED group structure

A I B Electrical Wholesale (Glasgow) Limited has no subsidiary companies.

Ultimate parent company

A I B ELECTRICAL WHOLESALE (GLASGOW) LIMITED

SC058490

A I B ELECTRICAL WHOLESALE (GLASGOW) LIMITED Shareholders

andrew kennedy burt

100%

A I B Electrical Wholesale (Glasgow) Limited currently has 1 director, Mr Andrew Burt serving since Dec 1988.

officer	country	age	start	end	role
Mr Andrew Burt		59 years	Dec 1988	-	Director

EXPORT

A I B Electrical Wholesale (Glasgow) Limited's latest turnover from August 2023 is estimated at £5.7 million and the company has net assets of £359.5 thousand. According to their latest financial statements, A I B Electrical Wholesale (Glasgow) Limited has 12 employees and maintains cash reserves of £220.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	5,651,965	5,180,273	5,288,362	3,290,264	4,485,728	3,984,001	2,840,576	2,883,557	3,062,080	2,978,914	4,236,262	3,240,475	2,951,578	3,250,277	1,819,008
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,099,191	3,743,972	3,913,759	2,407,980	3,251,987	2,893,802	2,036,800	2,053,241	2,213,888	2,149,260	3,025,389	2,327,309	2,160,389	2,325,684	1,407,604
Gross Profit	1,552,774	1,436,301	1,374,603	882,284	1,233,741	1,090,200	803,776	830,317	848,192	829,654	1,210,872	913,166	791,189	924,592	411,404
Admin Expenses	1,540,549	1,374,785	1,304,061	873,267	1,246,054	1,070,725	802,103	867,036	876,932	770,233	1,200,380	803,099	783,372	944,130	299,489
Operating Profit	12,225	61,516	70,542	9,017	-12,313	19,475	1,673	-36,719	-28,740	59,421	10,492	110,067	7,817	-19,538	111,915
Interest Payable	51,565	29,468	14,869	7,625	0	0	0	0	0	0	0	0	0	0	11,151
Interest Receivable	15,613	3,999	95	105	381	159	41	23	71	304	238	6	23	19	49
Pre-Tax Profit	-23,727	36,047	55,768	1,498	-11,932	19,633	1,714	-36,696	-28,669	59,725	10,730	110,074	7,841	-19,519	80,579
Tax	0	-6,849	-10,596	-285	0	-3,730	-326	0	0	-12,542	-2,468	-26,418	-2,039	0	0
Profit After Tax	-23,727	29,198	45,172	1,213	-11,932	15,903	1,388	-36,696	-28,669	47,183	8,262	83,656	5,802	-19,519	80,579
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-23,727	29,198	45,172	1,213	-11,932	15,903	1,388	-36,696	-28,669	47,183	8,262	83,656	5,802	-19,519	80,579
Employee Costs	479,214	466,026	451,567	406,011	375,009	356,152	295,038	386,047	408,496	392,248	548,778	417,726	398,346	472,214	197,007
Number Of Employees	12	12	13	12	11	10	9	12	13	13	18	14	13	16	0
EBITDA*	30,050	83,347	86,056	25,041	-72	29,863	9,756	-26,856	-12,418	70,094	23,033	125,094	18,377	-7,631	126,247

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	83,758	36,611	33,087	31,960	45,772	30,749	21,982	18,493	291,570	316,596	188,287	200,828	198,570	202,404	214,311
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	83,758	36,611	33,087	31,960	45,772	30,749	21,982	18,493	291,570	316,596	188,287	200,828	198,570	202,404	214,311
Stock & work in progress	952,112	693,507	651,981	453,516	383,076	389,661	397,921	326,172	359,029	375,421	424,999	434,828	249,731	293,248	268,908
Trade Debtors	1,450,426	1,321,055	1,521,322	671,589	1,361,167	1,304,968	806,095	715,512	555,324	548,095	774,630	590,489	605,703	628,317	347,732
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	154,051	174,829	165,387	27,844	15,848	14,407	118,919	9,386	0	0	0	0	0	0	0
Cash	220,719	403,808	53,219	135,773	75,055	26,533	15,737	16,910	1,170	27,214	94,353	741	1,793	7,438	271
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,777,308	2,593,199	2,391,909	1,288,722	1,835,146	1,735,569	1,338,672	1,067,980	915,523	950,730	1,293,982	1,026,058	857,227	929,003	616,911
total assets	2,861,066	2,629,810	2,424,996	1,320,682	1,880,918	1,766,318	1,360,654	1,086,473	1,207,093	1,267,326	1,482,269	1,226,886	1,055,797	1,131,407	831,222
Bank overdraft	108,333	108,333	50,000	12,500	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	707,707	692,987	911,849	517,426	598,183	441,010	393,864	379,664	820,396	772,902	1,135,458	881,433	765,875	799,788	421,724
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	11,265	0	0	0	2,188	3,750	3,750	3,749	0	0	0	0	0	0	0
other current liabilities	1,316,636	1,025,079	915,363	238,359	964,238	994,910	650,240	398,468	0	0	0	0	0	0	0
total current liabilities	2,143,941	1,826,399	1,877,212	768,285	1,564,609	1,439,670	1,047,854	781,881	820,396	772,902	1,135,458	881,433	765,875	799,788	421,724
loans	306,250	414,633	187,500	237,500	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	31,037	0	0	0	0	1,875	5,625	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	43,485	120,480	26,103	31,634	54,717	108,904	166,545
provisions	20,370	5,583	6,287	6,072	8,697	5,229	3,534	2,339	4,263	6,326	273	1,646	6,688	0	719
total long term liabilities	357,657	420,216	193,787	243,572	8,697	7,104	9,159	2,339	47,748	126,806	26,376	33,280	61,405	108,904	167,264
total liabilities	2,501,598	2,246,615	2,070,999	1,011,857	1,573,306	1,446,774	1,057,013	784,220	868,144	899,708	1,161,834	914,713	827,280	908,692	588,988
net assets	359,468	383,195	353,997	308,825	307,612	319,544	303,641	302,253	338,949	367,618	320,435	312,173	228,517	222,715	242,234
total shareholders funds	359,468	383,195	353,997	308,825	307,612	319,544	303,641	302,253	338,949	367,618	320,435	312,173	228,517	222,715	242,234

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	12,225	61,516	70,542	9,017	-12,313	19,475	1,673	-36,719	-28,740	59,421	10,492	110,067	7,817	-19,538	111,915
Depreciation	17,825	21,831	15,514	16,024	12,241	10,388	8,083	9,863	16,322	10,673	12,541	15,027	10,560	11,907	14,332
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-6,849	-10,596	-285	0	-3,730	-326	0	0	-12,542	-2,468	-26,418	-2,039	0	0
Stock	258,605	41,526	198,465	70,440	-6,585	-8,260	71,749	-32,857	-16,392	-49,578	-9,829	185,097	-43,517	24,340	268,908
Debtors	108,593	-190,825	987,276	-677,582	57,640	394,361	200,116	169,574	7,229	-226,535	184,141	-15,214	-22,614	280,585	347,732
Creditors	14,720	-218,862	394,423	-80,757	157,173	47,146	14,200	-440,732	47,494	-362,556	254,025	115,558	-33,913	378,064	421,724
Accruals and Deferred Income	291,557	109,716	677,004	-725,879	-30,672	344,670	251,772	398,468	0	0	0	0	0	0	0
Deferred Taxes & Provisions	14,787	-704	215	-2,625	3,468	1,695	1,195	-1,924	-2,063	6,053	-1,373	-5,042	6,688	-719	719
Cash flow from operations	-16,084	115,947	-38,639	-177,363	78,842	33,543	4,732	-207,761	42,176	-22,838	98,905	39,309	55,244	64,789	-67,950
Investing Activities
capital expenditure	-64,972	-25,355	-16,641	-2,212	-27,264	-19,155	-11,572	263,214	8,704	-138,982	0	-17,285	-6,726	0	-228,643
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-64,972	-25,355	-16,641	-2,212	-27,264	-19,155	-11,572	263,214	8,704	-138,982	0	-17,285	-6,726	0	-228,643
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-108,383	227,133	-50,000	237,500	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	42,302	0	0	-2,188	-3,437	-3,750	5,626	3,749	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-43,485	-76,995	94,377	-5,531	-23,083	-54,187	-57,641	166,545
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	161,655
interest	-35,952	-25,469	-14,774	-7,520	381	159	41	23	71	304	238	6	23	19	-11,102
cash flow from financing	-102,033	201,664	-64,774	227,792	-3,056	-3,591	5,667	-39,713	-76,924	94,681	-5,293	-23,077	-54,164	-57,622	317,098
cash and cash equivalents
cash	-183,089	350,589	-82,554	60,718	48,522	10,796	-1,173	15,740	-26,044	-67,139	93,612	-1,052	-5,645	7,167	271
overdraft	0	58,333	37,500	12,500	0	0	0	0	0	0	0	0	0	0	0
change in cash	-183,089	292,256	-120,054	48,218	48,522	10,796	-1,173	15,740	-26,044	-67,139	93,612	-1,052	-5,645	7,167	271

P&L

August 2023

turnover

5.7m

+9%

operating profit

12.2k

gross margin

27.5%

-0.91%

turnover

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

Balance Sheet

August 2023

net assets

359.5k

-0.06%

total assets

2.9m

+0.09%

cash

220.7k

-0.45%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

national shower spares limited

fusion radiators limited

3.5

juniper merchants limited

1.5

fortus hardware limited

4.5

pipeline plus ltd

company number

SC058490

Type

Private limited with Share Capital

industry

46740 - Wholesale of hardware, plumbing and heating equipment and supplies

incorporation date

August 1975

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

161-181 whitefield road, govan, glasgow, G51 2SD

last accounts submitted

August 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 found 4 charges/mortgages relating to a i b electrical wholesale (glasgow) limited. Currently there are 4 open charges and 0 have been satisfied in the past.

a i b electrical wholesale (glasgow) limited Company Information

a i b electrical wholesale (glasgow) limited Estimated Valuation

a i b electrical wholesale (glasgow) limited Estimated Valuation

a i b electrical wholesale (glasgow) limited Estimated Valuation

A I B Electrical Wholesale (glasgow) Limited AI Business Plan

A I B Electrical Wholesale (glasgow) Limited Overview

A I B Electrical Wholesale (glasgow) Limited Health Check

a i b electrical wholesale (glasgow) limited Credit Report and Business Information

A I B Electrical Wholesale (glasgow) Limited Competitor Analysis

a i b electrical wholesale (glasgow) limited Ownership

a i b electrical wholesale (glasgow) limited directors

A I B ELECTRICAL WHOLESALE (GLASGOW) LIMITED financials

a i b electrical wholesale (glasgow) limited company details

a i b electrical wholesale (glasgow) limited Charges & Mortgages

a i b electrical wholesale (glasgow) limited Companies House Filings - See Documents