g.ettinger,limited Company Information
Company Number
00336826
Website
http://ettinger.co.ukRegistered Address
215 putney bridge road, london, SW15 2NY
Industry
Manufacture of luggage, handbags and the like, saddlery and harness
Telephone
02088771616
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
robert gerard ettinger 45.4%
paul simon ettinger 30.8%
View Allg.ettinger,limited Estimated Valuation
Pomanda estimates the enterprise value of G.ETTINGER,LIMITED at £551.2k based on a Turnover of £1.9m and 0.29x industry multiple (adjusted for size and gross margin).
g.ettinger,limited Estimated Valuation
Pomanda estimates the enterprise value of G.ETTINGER,LIMITED at £0 based on an EBITDA of £-292.1k and a 3.23x industry multiple (adjusted for size and gross margin).
g.ettinger,limited Estimated Valuation
Pomanda estimates the enterprise value of G.ETTINGER,LIMITED at £6.7m based on Net Assets of £2.8m and 2.4x industry multiple (adjusted for liquidity).
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G.ettinger,limited Overview
G.ettinger,limited is a live company located in london, SW15 2NY with a Companies House number of 00336826. It operates in the manufacture of luggage, handbags and the like, saddlery and harness sector, SIC Code 15120. Founded in February 1938, it's largest shareholder is robert gerard ettinger with a 45.4% stake. G.ettinger,limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with high growth in recent years.
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G.ettinger,limited Health Check
Pomanda's financial health check has awarded G.Ettinger,Limited a 3.5 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 Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £1.9m, make it smaller than the average company (£5.3m)
- G.ettinger,limited
£5.3m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (-1.5%)
- G.ettinger,limited
-1.5% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- G.ettinger,limited
34.9% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -16.7% make it less profitable than the average company (13.2%)
- G.ettinger,limited
13.2% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 34 employees, this is below the industry average (80)
34 - G.ettinger,limited
80 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- G.ettinger,limited
£32.1k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £55.2k, this is less efficient (£109k)
- G.ettinger,limited
£109k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 28 days, this is near the average (28 days)
- G.ettinger,limited
28 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (69 days)
- G.ettinger,limited
69 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 266 days, this is more than average (131 days)
- G.ettinger,limited
131 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 102 weeks, this is more cash available to meet short term requirements (22 weeks)
102 weeks - G.ettinger,limited
22 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 5.1%, this is a lower level of debt than the average (65.6%)
5.1% - G.ettinger,limited
65.6% - Industry AVG
G.ETTINGER,LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
G.Ettinger,Limited's latest turnover from April 2023 is estimated at £1.9 million and the company has net assets of £2.8 million. According to their latest financial statements, G.Ettinger,Limited has 34 employees and maintains cash reserves of £296.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 34 | 34 | 34 | 34 | 34 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 259,042 | 279,632 | 277,122 | 299,286 | 324,852 | 353,192 | 338,175 | 360,745 | 374,435 | 377,671 | 397,008 | 386,027 | 400,449 | 426,663 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 9,798 | 9,798 | 9,798 | 9,798 | 9,798 | 9,798 | 0 | 0 | 4,389 | 4,389 | 4,389 | 4,389 | 4,389 | 4,389 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 268,840 | 289,430 | 286,920 | 309,084 | 334,650 | 362,990 | 338,175 | 360,745 | 378,824 | 382,060 | 401,397 | 390,416 | 404,838 | 431,052 |
Stock & work in progress | 891,101 | 757,881 | 717,801 | 606,375 | 660,991 | 517,526 | 467,673 | 365,807 | 271,427 | 365,162 | 336,012 | 296,515 | 309,528 | 162,703 |
Trade Debtors | 144,798 | 101,231 | 0 | 47,699 | 147,622 | 0 | 0 | 0 | 0 | 34,736 | 0 | 75,751 | 123,078 | 216,196 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 37,529 | 30,680 | 19,049 | 27,710 | 21,090 | 17,634 | 13,957 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 296,429 | 870,600 | 1,100,362 | 553,961 | 1,587,409 | 1,866,077 | 1,926,485 | 1,975,553 | 2,227,358 | 1,485,085 | 1,388,603 | 802,751 | 437,924 | 311,159 |
misc current assets | 1,314,096 | 1,376,424 | 1,303,746 | 1,128,764 | 0 | 0 | 0 | 10,864 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,683,953 | 3,136,816 | 3,140,958 | 2,364,509 | 2,417,112 | 2,401,237 | 2,408,115 | 2,352,224 | 2,498,785 | 1,884,983 | 1,724,615 | 1,175,017 | 870,530 | 690,058 |
total assets | 2,952,793 | 3,426,246 | 3,427,878 | 2,673,593 | 2,751,762 | 2,764,227 | 2,746,290 | 2,712,969 | 2,877,609 | 2,267,043 | 2,126,012 | 1,565,433 | 1,275,368 | 1,121,110 |
Bank overdraft | 0 | 0 | 0 | 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 |
Trade Creditors | 60,627 | 103,928 | 105,404 | 61,420 | 133,617 | 111,575 | 195,632 | 174,370 | 466,009 | 403,829 | 491,373 | 326,475 | 175,115 | 117,633 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 90,358 | 232,587 | 195,603 | 62,597 | 100,155 | 140,868 | 143,000 | 206,683 | 119,332 | 0 | 33,797 | 0 | 0 | 0 |
total current liabilities | 150,985 | 336,515 | 301,007 | 124,017 | 233,772 | 252,443 | 338,632 | 381,053 | 585,341 | 403,829 | 525,170 | 326,475 | 175,115 | 117,633 |
loans | 0 | 0 | 50,000 | 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 |
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 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 150,985 | 336,515 | 351,007 | 124,017 | 233,772 | 252,443 | 338,632 | 381,053 | 585,341 | 403,829 | 525,170 | 326,475 | 175,115 | 117,633 |
net assets | 2,801,808 | 3,089,731 | 3,076,871 | 2,549,576 | 2,517,990 | 2,511,784 | 2,407,658 | 2,331,916 | 2,292,268 | 1,863,214 | 1,600,842 | 1,238,958 | 1,100,253 | 1,003,477 |
total shareholders funds | 2,801,808 | 3,089,731 | 3,076,871 | 2,549,576 | 2,517,990 | 2,511,784 | 2,407,658 | 2,331,916 | 2,292,268 | 1,863,214 | 1,600,842 | 1,238,958 | 1,100,253 | 1,003,477 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 20,590 | 28,613 | 22,164 | 25,566 | 28,340 | 22,411 | 22,570 | 32,459 | 20,186 | 19,337 | 14,211 | 14,422 | 26,214 | 25,911 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 133,220 | 40,080 | 111,426 | -54,616 | 143,465 | 49,853 | 101,866 | 94,380 | -93,735 | 29,150 | 39,497 | -13,013 | 146,825 | 162,703 |
Debtors | 50,416 | 112,862 | -56,360 | -93,303 | 151,078 | 3,677 | 13,957 | 0 | -34,736 | 34,736 | -75,751 | -47,327 | -93,118 | 216,196 |
Creditors | -43,301 | -1,476 | 43,984 | -72,197 | 22,042 | -84,057 | 21,262 | -291,639 | 62,180 | -87,544 | 164,898 | 151,360 | 57,482 | 117,633 |
Accruals and Deferred Income | -142,229 | 36,984 | 133,006 | -37,558 | -40,713 | -2,132 | -63,683 | 87,351 | 119,332 | -33,797 | 33,797 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 9,798 | 0 | -4,389 | 0 | 0 | 0 | 0 | 0 | 4,389 |
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 | 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 |
Long term loans | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 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 | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -574,171 | -229,762 | 546,401 | -1,033,448 | -278,668 | -60,408 | -49,068 | -251,805 | 742,273 | 96,482 | 585,852 | 364,827 | 126,765 | 311,159 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -574,171 | -229,762 | 546,401 | -1,033,448 | -278,668 | -60,408 | -49,068 | -251,805 | 742,273 | 96,482 | 585,852 | 364,827 | 126,765 | 311,159 |
g.ettinger,limited Credit Report and Business Information
G.ettinger,limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for g.ettinger,limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SW15 area or any other competitors across 12 key performance metrics.
g.ettinger,limited Ownership
G.ETTINGER,LIMITED group structure
G.Ettinger,Limited has no subsidiary companies.
Ultimate parent company
G.ETTINGER,LIMITED
00336826
g.ettinger,limited directors
G.Ettinger,Limited currently has 2 directors. The longest serving directors include Mr Paul Ettinger (Oct 1991) and Mr Robert Ettinger (Oct 1991).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Ettinger | 66 years | Oct 1991 | - | Director | |
Mr Robert Ettinger | 69 years | Oct 1991 | - | Director |
P&L
April 2023turnover
1.9m
+8%
operating profit
-312.7k
0%
gross margin
35%
-28.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.8m
-0.09%
total assets
3m
-0.14%
cash
296.4k
-0.66%
net assets
Total assets minus all liabilities
g.ettinger,limited company details
company number
00336826
Type
Private limited with Share Capital
industry
15120 - Manufacture of luggage, handbags and the like, saddlery and harness
incorporation date
February 1938
age
86
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
215 putney bridge road, london, SW15 2NY
accountant
-
auditor
-
g.ettinger,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 g.ettinger,limited.
![charges](/assets/images/company_charges.png)
g.ettinger,limited Companies House Filings - See Documents
date | description | view/download |
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