g.j. nimmo electrical contractors limited

Live MatureSmallDeclining

g.j. nimmo electrical contractors limited Company Information

Share G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED

Company Number

SC243515

Directors

Gregor Nimmo

Shareholders

mulnimmo limited

Group Structure

View All

Industry

Electrical installation

 

Registered Address

unit 6 8 ward street, alloa, FK10 1ER

g.j. nimmo electrical contractors limited Estimated Valuation

£368.8k

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

£77.1k

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

£0

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.4m)

£1.1m - G.j. Nimmo Electrical Contractors Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (11.7%)

-8% - G.j. Nimmo Electrical Contractors Limited

11.7% - Industry AVG

production

Production

with a gross margin of 16.6%, this company has a higher cost of product (25.7%)

16.6% - G.j. Nimmo Electrical Contractors Limited

25.7% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (6.7%)

1.6% - G.j. Nimmo Electrical Contractors Limited

6.7% - Industry AVG

employees

Employees

with 21 employees, this is similar to the industry average (20)

21 - G.j. Nimmo Electrical Contractors Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £45k, the company has an equivalent pay structure (£45k)

£45k - G.j. Nimmo Electrical Contractors Limited

£45k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.5k, this is less efficient (£151.1k)

£53.5k - G.j. Nimmo Electrical Contractors Limited

£151.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (56 days)

71 days - G.j. Nimmo Electrical Contractors Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 115 days, this is slower than average (41 days)

115 days - G.j. Nimmo Electrical Contractors Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is in line with average (10 days)

8 days - G.j. Nimmo Electrical Contractors Limited

10 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,123,4491,129,5121,315,3451,466,4621,797,7431,920,3471,706,311755,021950,8961,368,4101,176,822958,419838,059798,142817,968
Other Income Or Grants
Cost Of Sales936,614937,0661,091,0381,227,7991,481,1651,572,8951,397,440615,761766,7831,112,180956,991767,707670,558618,170632,827
Gross Profit186,835192,446224,307238,663316,578347,452308,871139,260184,114256,231219,831190,711167,501179,972185,141
Admin Expenses169,428423,833254,920414,543378,095367,28346,754156,29199,644121,049210,198194,586215,332231,925-90,124
Operating Profit17,407-231,387-30,613-175,880-61,517-19,831262,117-17,03184,470135,1829,633-3,875-47,831-51,953275,265
Interest Payable749821105
Interest Receivable2,0681,4171691113651483527206376148116
Pre-Tax Profit19,475-229,970-30,444-175,869-61,504-19,766261,383-17,84484,400135,2099,653-3,812-47,755-51,805275,381
Tax-4,869-49,663-16,880-28,394-2,220-77,107
Profit After Tax14,606-229,970-30,444-175,869-61,504-19,766211,720-17,84467,520106,8157,433-3,812-47,755-51,805198,274
Dividends Paid
Retained Profit14,606-229,970-30,444-175,869-61,504-19,766211,720-17,84467,520106,8157,433-3,812-47,755-51,805198,274
Employee Costs945,893882,437883,193786,829851,9721,045,297889,991756,495711,433237,575225,329181,696181,269178,516181,752
Number Of Employees212122202126231918665555
EBITDA*22,113-225,205-22,481-161,846-42,9545,411282,68410,040109,496161,74131,58314,912-34,822-37,115289,794

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets15,70820,41426,59644,69058,72477,99164,37366,05560,48164,92949,78859,56532,53828,89928,445
Intangible Assets6,10012,19818,29624,39430,49236,59042,688
Investments & Other7,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,500
Debtors (Due After 1 year)
Total Fixed Assets15,70820,41434,09652,19066,22485,49171,87373,55574,08184,62775,58491,45970,53072,98978,633
Stock & work in progress22,50057,50067,500100,00070,00060,00060,00090,00075,00057,00052,08552,08549,50054,00024,000
Trade Debtors219,469235,477470,832460,923614,318651,026677,750168,540223,497404,924326,938252,149210,219221,363234,356
Group Debtors261,047303,523
Misc Debtors
Cash47,19931,56635,12910,02111,73414,1853,1492,3664,07110,0585447,53517,51812,96146,242
misc current assets
total current assets289,168324,543573,461570,944696,052725,211740,899521,953606,091471,982379,567311,769277,237288,324304,598
total assets304,876344,957607,557623,134762,276810,702812,772595,508680,172556,609455,151403,228347,767361,313383,231
Bank overdraft23,0313,245
Bank loan
Trade Creditors 297,580330,142184,550386,796315,712311,420135,57863,260118,269315,544327,198273,430233,770205,682181,240
Group/Directors Accounts157,630155,447132,632131,435
other short term finances
hp & lease commitments16,19916,61915,292
other current liabilities68,355110,145
total current liabilities297,580330,142342,180386,796315,712311,420307,224303,897378,386315,544327,198273,430233,770205,682181,240
loans
hp & lease commitments19,00837,15326,82124,54916,84621,35130,538
Accruals and Deferred Income
other liabilities38,69960,34480,05518,77431,94423,59510,8035,7551,072
provisions9961,4762,3574,1556,33411,3478,1798,2348,2688,3184,2654,3564,4783,4052,643
total long term liabilities39,69561,82082,41222,92957,28648,50035,00032,78325,11431,91325,61634,89415,2819,1603,715
total liabilities337,275391,962424,592409,725372,998359,920342,224336,680403,500347,457352,814308,324249,051214,842184,955
net assets-32,399-47,005182,965213,409389,278450,782470,548258,828276,672209,152102,33794,90498,716146,471198,276
total shareholders funds-32,399-47,005182,965213,409389,278450,782470,548258,828276,672209,152102,33794,90498,716146,471198,276
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit17,407-231,387-30,613-175,880-61,517-19,831262,117-17,03184,470135,1829,633-3,875-47,831-51,953275,265
Depreciation4,7066,1828,13214,03418,56325,24220,56720,97118,92820,46115,85212,6896,9118,7408,431
Amortisation6,1006,0986,0986,0986,0986,0986,0986,098
Tax-4,869-49,663-16,880-28,394-2,220-77,107
Stock-35,000-10,000-32,50030,00010,000-30,00015,00018,0004,9152,585-4,50030,00024,000
Debtors-16,008-235,3559,909-153,395-36,708-26,724248,163-97,433122,09677,98674,78941,930-11,144-12,993234,356
Creditors-32,562145,592-202,24671,0844,292175,84272,318-55,009-197,275-11,65453,76839,66028,08824,442181,240
Accruals and Deferred Income-68,355-41,790110,145
Deferred Taxes & Provisions-480-881-1,798-2,179-5,0133,168-55-34-504,053-91-1221,0737622,643
Cash flow from operations35,210164,861-203,93430,454-16,967211,14518,766-4,360-134,66042,8458,2519,9359,983-28,918138,214
Investing Activities
capital expenditure9,962704-38,860-18,885-26,545-14,480-35,602-6,075-39,716-10,550-9,194-85,662
Change in Investments-7,5007,500
cash flow from investments7,5009,962704-38,860-18,885-26,545-14,480-35,602-6,075-39,716-10,550-9,194-93,162
Financing Activities
Bank loans
Group/Directors Accounts-157,630157,630-155,44722,8151,197131,435
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-19,008-18,145-5,8671,8529,03032,138-21,351-9,18730,538
other long term liabilities-21,645-19,71161,281-13,17031,944-23,59523,595-10,8035,0484,6831,072
share issue2
interest2,0681,417169111365-735-813-7027206376148116
cash flow from financing-19,577-175,924219,080-32,16713,812-161,24923,9329,414139,9082,271-9,16719,7985,1244,8311,190
cash and cash equivalents
cash15,633-3,56325,108-1,713-2,45111,036783-1,705-5,9879,514-6,991-9,9834,557-33,28146,242
overdraft-23,03119,7863,245
change in cash15,633-3,56325,108-1,713-2,45111,03623,814-21,491-9,2329,514-6,991-9,9834,557-33,28146,242

g.j. nimmo electrical contractors limited 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 g.j. nimmo electrical contractors limited. Get real-time insights into g.j. nimmo electrical contractors 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

G.j. Nimmo Electrical Contractors Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

mulnimmo limited 100%

g.j. nimmo electrical contractors limited directors

G.J. Nimmo Electrical Contractors Limited currently has 1 director, Mr Gregor Nimmo serving since Feb 2003.

officercountryagestartendrole
Mr Gregor NimmoScotland57 years Feb 2003- Director

P&L

March 2024

turnover

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 2024

net 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.

Click to start generating capital raising & share issue transactions for G.J. NIMMO ELECTRICAL CONTRACTORS LIMITED. This can take several minutes, an email will notify you when this has completed.

g.j. nimmo electrical contractors limited Companies House Filings - See Documents

datedescriptionview/download