enertech limited
enertech limited Company Information
Company Number
00299044
Website
www.enertech-group.comRegistered Address
unit 40 ten acres, berry hill industrial estate, droitwich, worcestershire, WR9 9AQ
Industry
Manufacture of other general-purpose machinery n.e.c.
Telephone
01905794331
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
enertech ab 100%
enertech limited Estimated Valuation
Pomanda estimates the enterprise value of ENERTECH LIMITED at £2.9m based on a Turnover of £5.8m and 0.51x industry multiple (adjusted for size and gross margin).
enertech limited Estimated Valuation
Pomanda estimates the enterprise value of ENERTECH LIMITED at £1.1m based on an EBITDA of £273k and a 4.12x industry multiple (adjusted for size and gross margin).
enertech limited Estimated Valuation
Pomanda estimates the enterprise value of ENERTECH LIMITED at £4.5m based on Net Assets of £2.6m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Enertech Limited Overview
Enertech Limited is a live company located in droitwich, WR9 9AQ with a Companies House number of 00299044. It operates in the manufacture of other general-purpose machinery n.e.c. sector, SIC Code 28290. Founded in March 1935, it's largest shareholder is enertech ab with a 100% stake. Enertech Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Enertech Limited Health Check
Pomanda's financial health check has awarded Enertech Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £5.8m, make it smaller than the average company (£12.5m)
- Enertech Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.6%)
- Enertech Limited
4.6% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)
- Enertech Limited
29.3% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (6.9%)
- Enertech Limited
6.9% - Industry AVG
Employees
with 45 employees, this is below the industry average (64)
45 - Enertech Limited
64 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Enertech Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £128.6k, this is less efficient (£158.8k)
- Enertech Limited
£158.8k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (66 days)
- Enertech Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (48 days)
- Enertech Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 117 days, this is in line with average (107 days)
- Enertech Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (9 weeks)
55 weeks - Enertech Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44%, this is a similar level of debt than the average (43.6%)
44% - Enertech Limited
43.6% - Industry AVG
ENERTECH LIMITED financials
Enertech Limited's latest turnover from December 2022 is estimated at £5.8 million and the company has net assets of £2.6 million. According to their latest financial statements, Enertech Limited has 45 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,371,000 | 9,369,000 | 9,504,000 | 9,574,000 | 8,940,000 | 9,297,000 | 10,279,000 | 10,161,000 | 10,389,000 | 10,397,000 | 11,235,000 | 10,450,000 | 10,161,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 5,842,000 | 6,171,000 | 6,121,000 | 6,065,000 | 5,542,000 | 5,699,000 | 6,118,000 | 6,488,000 | 6,780,000 | 6,644,000 | ||||
| Gross Profit | 3,529,000 | 3,198,000 | 3,383,000 | 3,509,000 | 3,398,000 | 3,598,000 | 4,161,000 | 3,673,000 | 3,609,000 | 3,753,000 | ||||
| Admin Expenses | 3,078,000 | 2,858,000 | 3,102,000 | 2,909,000 | 3,398,000 | 3,179,000 | 3,512,000 | 3,329,000 | 3,454,000 | 3,528,000 | ||||
| Operating Profit | 451,000 | 340,000 | 281,000 | 600,000 | 0 | 419,000 | 649,000 | 344,000 | 155,000 | 225,000 | 492,000 | 101,000 | 35,000 | |
| Interest Payable | 5,000 | 8,000 | 13,000 | 12,000 | 10,000 | 15,000 | 34,000 | 47,000 | 47,000 | 59,000 | 45,000 | 54,000 | 52,000 | |
| Interest Receivable | 0 | 2,000 | 6,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 446,000 | 334,000 | 274,000 | 591,000 | -10,000 | 404,000 | 615,000 | 297,000 | 108,000 | 166,000 | 447,000 | 47,000 | -7,000 | |
| Tax | -86,000 | -64,000 | -52,000 | -112,000 | 1,000 | -81,000 | -147,000 | -54,000 | -24,000 | -42,000 | -126,000 | -14,000 | 11,000 | |
| Profit After Tax | 360,000 | 270,000 | 222,000 | 479,000 | -9,000 | 323,000 | 468,000 | 243,000 | 84,000 | 124,000 | 321,000 | 33,000 | 4,000 | |
| Dividends Paid | 0 | 0 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 360,000 | 270,000 | 22,000 | 479,000 | -9,000 | 323,000 | 468,000 | 243,000 | 84,000 | 124,000 | 321,000 | 33,000 | 4,000 | |
| Employee Costs | 1,861,000 | 1,858,000 | 1,959,000 | 1,760,000 | 2,063,000 | 1,982,000 | 2,199,000 | 2,108,000 | 2,076,000 | 2,123,000 | 2,102,000 | 2,168,000 | 2,287,000 | |
| Number Of Employees | 45 | 50 | 53 | 56 | 51 | 58 | 63 | 66 | 69 | 68 | 70 | 70 | 73 | 78 |
| EBITDA* | 515,000 | 404,000 | 346,000 | 685,000 | 92,000 | 516,000 | 753,000 | 397,000 | 257,000 | 289,000 | 553,000 | 162,000 | 123,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 87,000 | 115,000 | 152,000 | 201,000 | 209,000 | 253,000 | 307,000 | 391,000 | 352,000 | 352,000 | 104,000 | 122,000 | 110,000 | 155,000 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 87,000 | 115,000 | 152,000 | 201,000 | 209,000 | 253,000 | 307,000 | 391,000 | 352,000 | 352,000 | 104,000 | 122,000 | 110,000 | 155,000 |
| Stock & work in progress | 1,321,000 | 1,050,000 | 1,484,000 | 1,265,000 | 1,274,000 | 1,232,000 | 1,351,000 | 1,208,000 | 1,458,000 | 1,629,000 | 1,293,000 | 1,436,000 | 1,044,000 | 1,353,000 |
| Trade Debtors | 1,395,000 | 1,565,000 | 1,401,000 | 1,718,000 | 2,033,000 | 1,563,000 | 1,805,000 | 2,290,000 | 2,003,000 | 2,550,000 | 2,317,000 | 2,729,000 | 2,598,000 | 1,738,000 |
| Group Debtors | 0 | 0 | 3,000 | 1,000 | 1,000 | 5,000 | 37,000 | 41,000 | 54,000 | 78,000 | 65,000 | 98,000 | 83,000 | 693,000 |
| Misc Debtors | 71,000 | 74,000 | 82,000 | 89,000 | 102,000 | 66,000 | 52,000 | 65,000 | 88,000 | 131,000 | 116,000 | 136,000 | 141,000 | 221,000 |
| Cash | 1,750,000 | 1,828,000 | 1,822,000 | 1,244,000 | 1,044,000 | 884,000 | 113,000 | 62,000 | 239,000 | 263,000 | 45,000 | 135,000 | 0 | 1,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,537,000 | 4,517,000 | 4,792,000 | 4,317,000 | 4,454,000 | 3,750,000 | 3,358,000 | 3,666,000 | 3,842,000 | 4,651,000 | 3,836,000 | 4,534,000 | 3,866,000 | 4,006,000 |
| total assets | 4,624,000 | 4,632,000 | 4,944,000 | 4,518,000 | 4,663,000 | 4,003,000 | 3,665,000 | 4,057,000 | 4,194,000 | 5,003,000 | 3,940,000 | 4,656,000 | 3,976,000 | 4,161,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 544,000 | 1,058,000 | 1,608,000 | 2,316,000 | 1,726,000 | 2,362,000 | 1,612,000 | 2,235,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 702,000 | 780,000 | 781,000 | 847,000 | 875,000 | 813,000 | 899,000 | 1,043,000 | 947,000 | 1,263,000 | 1,008,000 | 1,127,000 | 1,204,000 | 784,000 |
| Group/Directors Accounts | 191,000 | 167,000 | 456,000 | 311,000 | 281,000 | 200,000 | 320,000 | 333,000 | 375,000 | 404,000 | 380,000 | 331,000 | 351,000 | 596,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 742,000 | 680,000 | 762,000 | 585,000 | 654,000 | 516,000 | 419,000 | 463,000 | 572,000 | 571,000 | 461,000 | 595,000 | 889,000 | 659,000 |
| total current liabilities | 1,635,000 | 1,627,000 | 1,999,000 | 1,743,000 | 1,810,000 | 1,529,000 | 2,182,000 | 2,897,000 | 3,502,000 | 4,554,000 | 3,575,000 | 4,415,000 | 4,056,000 | 4,274,000 |
| loans | 400,000 | 600,000 | 700,000 | 800,000 | 900,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 400,000 | 600,000 | 700,000 | 800,000 | 900,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,035,000 | 2,227,000 | 2,699,000 | 2,543,000 | 2,710,000 | 2,529,000 | 2,182,000 | 2,897,000 | 3,502,000 | 4,554,000 | 3,575,000 | 4,415,000 | 4,056,000 | 4,274,000 |
| net assets | 2,589,000 | 2,405,000 | 2,245,000 | 1,975,000 | 1,953,000 | 1,474,000 | 1,483,000 | 1,160,000 | 692,000 | 449,000 | 365,000 | 241,000 | -80,000 | -113,000 |
| total shareholders funds | 2,589,000 | 2,405,000 | 2,245,000 | 1,975,000 | 1,953,000 | 1,474,000 | 1,483,000 | 1,160,000 | 692,000 | 449,000 | 365,000 | 241,000 | -80,000 | -113,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 451,000 | 340,000 | 281,000 | 600,000 | 0 | 419,000 | 649,000 | 344,000 | 155,000 | 225,000 | 492,000 | 101,000 | 35,000 | |
| Depreciation | 61,000 | 64,000 | 64,000 | 65,000 | 85,000 | 92,000 | 97,000 | 104,000 | 53,000 | 102,000 | 64,000 | 61,000 | 61,000 | 88,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -86,000 | -64,000 | -52,000 | -112,000 | 1,000 | -81,000 | -147,000 | -54,000 | -24,000 | -42,000 | -126,000 | -14,000 | 11,000 | |
| Stock | 271,000 | -434,000 | 219,000 | -9,000 | 42,000 | -119,000 | 143,000 | -250,000 | -171,000 | 336,000 | -143,000 | 392,000 | -309,000 | 1,353,000 |
| Debtors | -173,000 | 153,000 | -322,000 | -328,000 | 502,000 | -260,000 | -502,000 | 251,000 | -614,000 | 261,000 | -465,000 | 141,000 | 170,000 | 2,652,000 |
| Creditors | -78,000 | -1,000 | -66,000 | -28,000 | 62,000 | -86,000 | -144,000 | 96,000 | -316,000 | 255,000 | -119,000 | -77,000 | 420,000 | 784,000 |
| Accruals and Deferred Income | 62,000 | -82,000 | 177,000 | -69,000 | 138,000 | 97,000 | -44,000 | -109,000 | 1,000 | 110,000 | -134,000 | -294,000 | 230,000 | 659,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 627,000 | 554,000 | 534,000 | 229,000 | 483,000 | 606,000 | 592,000 | 813,000 | 1,000 | 602,000 | -477,000 | 937,000 | -2,428,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 24,000 | -289,000 | 145,000 | 30,000 | 81,000 | -120,000 | -13,000 | -42,000 | -29,000 | 24,000 | 49,000 | -20,000 | -245,000 | 596,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -200,000 | -100,000 | -100,000 | -100,000 | -100,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -5,000 | -6,000 | -7,000 | -9,000 | -10,000 | -15,000 | -34,000 | -47,000 | -47,000 | -59,000 | -45,000 | -54,000 | -52,000 | |
| cash flow from financing | -594,000 | 39,000 | -77,000 | -28,000 | 870,000 | -28,000 | -76,000 | -76,000 | -23,000 | -10,000 | -65,000 | -299,000 | 427,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | -78,000 | 6,000 | 578,000 | 200,000 | 160,000 | 771,000 | 51,000 | -177,000 | -24,000 | 218,000 | -90,000 | 135,000 | -1,000 | 1,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -544,000 | -514,000 | -550,000 | -708,000 | 590,000 | -636,000 | 750,000 | -623,000 | 2,235,000 |
| change in cash | -78,000 | 6,000 | 578,000 | 200,000 | 160,000 | 1,315,000 | 565,000 | 373,000 | 684,000 | -372,000 | 546,000 | -615,000 | 622,000 | -2,234,000 |
enertech limited Credit Report and Business Information
Enertech Limited Competitor Analysis
Perform a competitor analysis for enertech limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
enertech limited Ownership
ENERTECH LIMITED group structure
Enertech Limited has no subsidiary companies.
Ultimate parent company
NIBE INDUSTRIER AB
#0064969
ENERTECH AB
#0123241
2 parents
ENERTECH LIMITED
00299044
enertech limited directors
Enertech Limited currently has 4 directors. The longest serving directors include Mr Graham Williamson (Sep 2011) and Mr Sven Erlandsson (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Williamson | England | 63 years | Sep 2011 | - | Director |
| Mr Sven Erlandsson | England | 59 years | Jan 2020 | - | Director |
| Mr Per Davidsson | England | 49 years | Jan 2021 | - | Director |
| Mr Nils Haglund | England | 57 years | Mar 2024 | - | Director |
P&L
December 2022turnover
5.8m
-38%
operating profit
212k
0%
gross margin
29.3%
-22.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.6m
+0.08%
total assets
4.6m
0%
cash
1.8m
-0.04%
net assets
Total assets minus all liabilities
enertech limited company details
company number
00299044
Type
Private limited with Share Capital
industry
28290 - Manufacture of other general-purpose machinery n.e.c.
incorporation date
March 1935
age
89
accounts
Small Company
ultimate parent company
previous names
nu-way limited (September 2009)
nu-way heating plants limited (July 1983)
incorporated
UK
address
unit 40 ten acres, berry hill industrial estate, droitwich, worcestershire, WR9 9AQ
last accounts submitted
December 2022
enertech 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 8 charges/mortgages relating to enertech limited. Currently there are 1 open charges and 7 have been satisfied in the past.
enertech limited Companies House Filings - See Documents
| date | description | view/download |
|---|
