g.j. nimmo electrical contractors limited Company Information
Group Structure
View All
Industry
Electrical installation
Registered Address
unit 6 8 ward street, alloa, FK10 1ER
Website
www.gjnimmo.co.ukg.j. nimmo electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED at £368.8k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).
g.j. nimmo electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED at £77.1k based on an EBITDA of £22.1k and a 3.49x industry multiple (adjusted for size and gross margin).
g.j. nimmo electrical contractors limited Estimated Valuation
Pomanda estimates the enterprise value of G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED at £0 based on Net Assets of £-32.4k and 2.45x industry multiple (adjusted for liquidity).
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G.j. Nimmo Electrical Contractors Limited Overview
G.j. Nimmo Electrical Contractors Limited is a live company located in alloa, FK10 1ER with a Companies House number of SC243515. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2003, it's largest shareholder is mulnimmo limited with a 100% stake. G.j. Nimmo Electrical Contractors Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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G.j. Nimmo Electrical Contractors Limited Health Check
Pomanda's financial health check has awarded G.J. Nimmo Electrical Contractors Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs


1 Strong

3 Regular

8 Weak

Size
annual sales of £1.1m, make it smaller than the average company (£2.4m)
- G.j. Nimmo Electrical Contractors Limited
£2.4m - Industry AVG

Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (11.7%)
- G.j. Nimmo Electrical Contractors Limited
11.7% - Industry AVG

Production
with a gross margin of 16.6%, this company has a higher cost of product (25.7%)
- G.j. Nimmo Electrical Contractors Limited
25.7% - Industry AVG

Profitability
an operating margin of 1.6% make it less profitable than the average company (6.7%)
- G.j. Nimmo Electrical Contractors Limited
6.7% - Industry AVG

Employees
with 21 employees, this is similar to the industry average (20)
21 - G.j. Nimmo Electrical Contractors Limited
20 - Industry AVG

Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- G.j. Nimmo Electrical Contractors Limited
£45k - Industry AVG

Efficiency
resulting in sales per employee of £53.5k, this is less efficient (£151.1k)
- G.j. Nimmo Electrical Contractors Limited
£151.1k - Industry AVG

Debtor Days
it gets paid by customers after 71 days, this is later than average (56 days)
- G.j. Nimmo Electrical Contractors Limited
56 days - Industry AVG

Creditor Days
its suppliers are paid after 115 days, this is slower than average (41 days)
- G.j. Nimmo Electrical Contractors Limited
41 days - Industry AVG

Stock Days
it holds stock equivalent to 8 days, this is in line with average (10 days)
- G.j. Nimmo Electrical Contractors Limited
10 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (23 weeks)
8 weeks - G.j. Nimmo Electrical Contractors Limited
23 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 110.6%, this is a higher level of debt than the average (60.6%)
110.6% - G.j. Nimmo Electrical Contractors Limited
60.6% - Industry AVG
G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED financials

G.J. Nimmo Electrical Contractors Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of -£32.4 thousand. According to their latest financial statements, G.J. Nimmo Electrical Contractors Limited has 21 employees and maintains cash reserves of £47.2 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 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 21 | 21 | 22 | 20 | 21 | 26 | 23 | 19 | 18 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 15,708 | 20,414 | 26,596 | 44,690 | 58,724 | 77,991 | 64,373 | 66,055 | 60,481 | 64,929 | 49,788 | 59,565 | 32,538 | 28,899 | 28,445 |
Intangible Assets | 6,100 | 12,198 | 18,296 | 24,394 | 30,492 | 36,590 | 42,688 | ||||||||
Investments & Other | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | ||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 15,708 | 20,414 | 34,096 | 52,190 | 66,224 | 85,491 | 71,873 | 73,555 | 74,081 | 84,627 | 75,584 | 91,459 | 70,530 | 72,989 | 78,633 |
Stock & work in progress | 22,500 | 57,500 | 67,500 | 100,000 | 70,000 | 60,000 | 60,000 | 90,000 | 75,000 | 57,000 | 52,085 | 52,085 | 49,500 | 54,000 | 24,000 |
Trade Debtors | 219,469 | 235,477 | 470,832 | 460,923 | 614,318 | 651,026 | 677,750 | 168,540 | 223,497 | 404,924 | 326,938 | 252,149 | 210,219 | 221,363 | 234,356 |
Group Debtors | 261,047 | 303,523 | |||||||||||||
Misc Debtors | |||||||||||||||
Cash | 47,199 | 31,566 | 35,129 | 10,021 | 11,734 | 14,185 | 3,149 | 2,366 | 4,071 | 10,058 | 544 | 7,535 | 17,518 | 12,961 | 46,242 |
misc current assets | |||||||||||||||
total current assets | 289,168 | 324,543 | 573,461 | 570,944 | 696,052 | 725,211 | 740,899 | 521,953 | 606,091 | 471,982 | 379,567 | 311,769 | 277,237 | 288,324 | 304,598 |
total assets | 304,876 | 344,957 | 607,557 | 623,134 | 762,276 | 810,702 | 812,772 | 595,508 | 680,172 | 556,609 | 455,151 | 403,228 | 347,767 | 361,313 | 383,231 |
Bank overdraft | 23,031 | 3,245 | |||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 297,580 | 330,142 | 184,550 | 386,796 | 315,712 | 311,420 | 135,578 | 63,260 | 118,269 | 315,544 | 327,198 | 273,430 | 233,770 | 205,682 | 181,240 |
Group/Directors Accounts | 157,630 | 155,447 | 132,632 | 131,435 | |||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 16,199 | 16,619 | 15,292 | ||||||||||||
other current liabilities | 68,355 | 110,145 | |||||||||||||
total current liabilities | 297,580 | 330,142 | 342,180 | 386,796 | 315,712 | 311,420 | 307,224 | 303,897 | 378,386 | 315,544 | 327,198 | 273,430 | 233,770 | 205,682 | 181,240 |
loans | |||||||||||||||
hp & lease commitments | 19,008 | 37,153 | 26,821 | 24,549 | 16,846 | 21,351 | 30,538 | ||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 38,699 | 60,344 | 80,055 | 18,774 | 31,944 | 23,595 | 10,803 | 5,755 | 1,072 | ||||||
provisions | 996 | 1,476 | 2,357 | 4,155 | 6,334 | 11,347 | 8,179 | 8,234 | 8,268 | 8,318 | 4,265 | 4,356 | 4,478 | 3,405 | 2,643 |
total long term liabilities | 39,695 | 61,820 | 82,412 | 22,929 | 57,286 | 48,500 | 35,000 | 32,783 | 25,114 | 31,913 | 25,616 | 34,894 | 15,281 | 9,160 | 3,715 |
total liabilities | 337,275 | 391,962 | 424,592 | 409,725 | 372,998 | 359,920 | 342,224 | 336,680 | 403,500 | 347,457 | 352,814 | 308,324 | 249,051 | 214,842 | 184,955 |
net assets | -32,399 | -47,005 | 182,965 | 213,409 | 389,278 | 450,782 | 470,548 | 258,828 | 276,672 | 209,152 | 102,337 | 94,904 | 98,716 | 146,471 | 198,276 |
total shareholders funds | -32,399 | -47,005 | 182,965 | 213,409 | 389,278 | 450,782 | 470,548 | 258,828 | 276,672 | 209,152 | 102,337 | 94,904 | 98,716 | 146,471 | 198,276 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 4,706 | 6,182 | 8,132 | 14,034 | 18,563 | 25,242 | 20,567 | 20,971 | 18,928 | 20,461 | 15,852 | 12,689 | 6,911 | 8,740 | 8,431 |
Amortisation | 6,100 | 6,098 | 6,098 | 6,098 | 6,098 | 6,098 | 6,098 | 6,098 | |||||||
Tax | |||||||||||||||
Stock | -35,000 | -10,000 | -32,500 | 30,000 | 10,000 | -30,000 | 15,000 | 18,000 | 4,915 | 2,585 | -4,500 | 30,000 | 24,000 | ||
Debtors | -16,008 | -235,355 | 9,909 | -153,395 | -36,708 | -26,724 | 248,163 | -97,433 | 122,096 | 77,986 | 74,789 | 41,930 | -11,144 | -12,993 | 234,356 |
Creditors | -32,562 | 145,592 | -202,246 | 71,084 | 4,292 | 175,842 | 72,318 | -55,009 | -197,275 | -11,654 | 53,768 | 39,660 | 28,088 | 24,442 | 181,240 |
Accruals and Deferred Income | -68,355 | -41,790 | 110,145 | ||||||||||||
Deferred Taxes & Provisions | -480 | -881 | -1,798 | -2,179 | -5,013 | 3,168 | -55 | -34 | -50 | 4,053 | -91 | -122 | 1,073 | 762 | 2,643 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -7,500 | 7,500 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -157,630 | 157,630 | -155,447 | 22,815 | 1,197 | 131,435 | |||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | -19,008 | -18,145 | -5,867 | 1,852 | 9,030 | 32,138 | -21,351 | -9,187 | 30,538 | ||||||
other long term liabilities | -21,645 | -19,711 | 61,281 | -13,170 | 31,944 | -23,595 | 23,595 | -10,803 | 5,048 | 4,683 | 1,072 | ||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 15,633 | -3,563 | 25,108 | -1,713 | -2,451 | 11,036 | 783 | -1,705 | -5,987 | 9,514 | -6,991 | -9,983 | 4,557 | -33,281 | 46,242 |
overdraft | -23,031 | 19,786 | 3,245 | ||||||||||||
change in cash | 15,633 | -3,563 | 25,108 | -1,713 | -2,451 | 11,036 | 23,814 | -21,491 | -9,232 | 9,514 | -6,991 | -9,983 | 4,557 | -33,281 | 46,242 |
g.j. nimmo electrical contractors limited Credit Report and Business Information
G.j. Nimmo Electrical Contractors Limited Competitor Analysis

Perform a competitor analysis for g.j. nimmo electrical contractors limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in FK10 area or any other competitors across 12 key performance metrics.
g.j. nimmo electrical contractors limited Ownership
G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED group structure
G.J. Nimmo Electrical Contractors Limited has no subsidiary companies.
Ultimate parent company
1 parent
G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED
SC243515
g.j. nimmo electrical contractors limited directors
G.J. Nimmo Electrical Contractors Limited currently has 1 director, Mr Gregor Nimmo serving since Feb 2003.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gregor Nimmo | Scotland | 57 years | Feb 2003 | - | Director |
P&L
March 2024turnover
1.1m
-1%
operating profit
17.4k
0%
gross margin
16.7%
-2.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-32.4k
-0.31%
total assets
304.9k
-0.12%
cash
47.2k
+0.5%
net assets
Total assets minus all liabilities
g.j. nimmo electrical contractors limited company details
company number
SC243515
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 6 8 ward street, alloa, FK10 1ER
Bank
BANK OF SCOTLAND
Legal Advisor
-
g.j. nimmo electrical contractors 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 found 1 charges/mortgages relating to g.j. nimmo electrical contractors limited. Currently there are 1 open charges and 0 have been satisfied in the past.
g.j. nimmo electrical contractors 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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g.j. nimmo electrical contractors limited Companies House Filings - See Documents
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