euramax solutions limited
euramax solutions limited Company Information
Company Number
00485331
Next Accounts
310 days late
Shareholders
modular group investments 2
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
landmark, st peter's square, st peter's square, 1 oxford stre, manchester, M1 4PB
Website
www.euramax.co.ukeuramax solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EURAMAX SOLUTIONS LIMITED at £22.4m based on a Turnover of £26.5m and 0.84x industry multiple (adjusted for size and gross margin).
euramax solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EURAMAX SOLUTIONS LIMITED at £5m based on an EBITDA of £870k and a 5.7x industry multiple (adjusted for size and gross margin).
euramax solutions limited Estimated Valuation
Pomanda estimates the enterprise value of EURAMAX SOLUTIONS LIMITED at £9.7m based on Net Assets of £4.3m and 2.24x industry multiple (adjusted for liquidity).
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Euramax Solutions Limited Overview
Euramax Solutions Limited is a live company located in manchester, M1 4PB with a Companies House number of 00485331. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in August 1950, it's largest shareholder is modular group investments 2 with a 100% stake. Euramax Solutions Limited is a mature, large sized company, Pomanda has estimated its turnover at £26.5m with healthy growth in recent years.
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Euramax Solutions Limited Health Check
Pomanda's financial health check has awarded Euramax Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £26.5m, make it larger than the average company (£12.1m)
£26.5m - Euramax Solutions Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (1.9%)
14% - Euramax Solutions Limited
1.9% - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (30%)
15% - Euramax Solutions Limited
30% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (6.2%)
2% - Euramax Solutions Limited
6.2% - Industry AVG
Employees
with 213 employees, this is above the industry average (69)
213 - Euramax Solutions Limited
69 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has a lower pay structure (£38.9k)
£30.9k - Euramax Solutions Limited
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £124.4k, this is less efficient (£164.2k)
£124.4k - Euramax Solutions Limited
£164.2k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (57 days)
70 days - Euramax Solutions Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (45 days)
84 days - Euramax Solutions Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is less than average (66 days)
42 days - Euramax Solutions Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Euramax Solutions Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.8%, this is a higher level of debt than the average (50.5%)
72.8% - Euramax Solutions Limited
50.5% - Industry AVG
EURAMAX SOLUTIONS LIMITED financials
Euramax Solutions Limited's latest turnover from June 2022 is £26.5 million and the company has net assets of £4.3 million. According to their latest financial statements, Euramax Solutions Limited has 213 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,497,000 | 26,510,000 | 17,656,000 | 24,088,000 | 23,412,000 | 20,574,000 | 19,528,000 | 19,709,000 | 19,742,000 | 19,340,000 | 23,598,000 | 25,834,000 | 23,130,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,535,000 | 23,803,000 | 14,925,000 | 18,675,000 | 16,915,000 | 15,661,000 | 15,724,000 | 15,398,000 | 17,134,000 | 16,254,000 | 19,435,000 | 20,629,000 | 19,987,000 |
| Gross Profit | 3,962,000 | 2,707,000 | 2,731,000 | 5,413,000 | 6,497,000 | 4,913,000 | 3,804,000 | 4,311,000 | 2,608,000 | 3,086,000 | 4,163,000 | 5,205,000 | 3,143,000 |
| Admin Expenses | 3,442,000 | 1,509,000 | 2,288,000 | 11,200,000 | 4,388,000 | 3,377,000 | 3,698,000 | 4,332,000 | 5,540,000 | 5,173,000 | 4,992,000 | 4,459,000 | 3,879,000 |
| Operating Profit | 520,000 | 1,198,000 | 443,000 | -5,787,000 | 2,109,000 | 1,536,000 | 106,000 | -21,000 | -2,932,000 | -2,087,000 | -829,000 | 746,000 | -736,000 |
| Interest Payable | 391,000 | 619,000 | 31,000 | 214,000 | 128,000 | 155,000 | 166,000 | 30,000 | 30,000 | 0 | 0 | 0 | 428,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 2,000 | 2,000 | 312,000 |
| Pre-Tax Profit | 129,000 | 579,000 | 412,000 | -6,001,000 | 1,981,000 | 1,381,000 | -60,000 | -75,000 | -1,743,000 | -2,179,000 | 6,585,000 | 638,000 | -852,000 |
| Tax | 172,000 | -122,000 | -30,000 | -165,000 | -35,000 | -63,000 | -75,000 | -1,000 | 276,000 | -10,000 | 454,000 | -532,000 | 219,000 |
| Profit After Tax | 301,000 | 457,000 | 382,000 | -6,166,000 | 1,946,000 | 1,318,000 | -135,000 | -76,000 | -1,467,000 | -2,189,000 | 7,039,000 | 106,000 | -633,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,241,000 | 0 | 0 |
| Retained Profit | 301,000 | 457,000 | 382,000 | -6,166,000 | 1,946,000 | 1,318,000 | -135,000 | -76,000 | -1,467,000 | -2,189,000 | -2,202,000 | 106,000 | -633,000 |
| Employee Costs | 6,585,000 | 7,458,000 | 5,004,000 | 6,171,000 | 5,662,000 | 5,144,000 | 4,029,000 | 5,352,000 | 6,028,000 | 6,457,000 | 8,307,000 | 8,324,000 | 7,974,000 |
| Number Of Employees | 213 | 172 | 172 | 226 | 221 | 213 | 215 | 191 | 215 | 215 | 254 | 258 | 255 |
| EBITDA* | 870,000 | 1,686,000 | 780,000 | -5,534,000 | 2,355,000 | 1,938,000 | 378,000 | 367,000 | -1,954,000 | -1,680,000 | -184,000 | 1,305,000 | -135,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,094,000 | 640,000 | 870,000 | 771,000 | 1,018,000 | 780,000 | 1,116,000 | 1,190,000 | 1,089,000 | 1,373,000 | 1,614,000 | 2,027,000 | 1,375,000 |
| Intangible Assets | 373,000 | 402,000 | 486,000 | 489,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 | 10,330,000 | 10,680,000 | 10,656,000 | 20,327,000 | 20,328,000 |
| Total Fixed Assets | 1,467,000 | 1,042,000 | 1,356,000 | 1,260,000 | 1,018,000 | 780,000 | 1,116,000 | 1,190,000 | 11,419,000 | 12,053,000 | 12,270,000 | 22,354,000 | 21,703,000 |
| Stock & work in progress | 2,618,000 | 2,158,000 | 1,787,000 | 1,985,000 | 1,588,000 | 1,711,000 | 2,344,000 | 2,523,000 | 2,006,000 | 1,908,000 | 2,231,000 | 2,601,000 | 2,687,000 |
| Trade Debtors | 5,093,000 | 3,441,000 | 3,058,000 | 5,361,000 | 5,366,000 | 3,473,000 | 4,011,000 | 4,813,000 | 3,741,000 | 4,804,000 | 4,891,000 | 6,227,000 | 5,939,000 |
| Group Debtors | 4,175,000 | 3,306,000 | 3,423,000 | 2,773,000 | 10,846,000 | 10,172,000 | 10,172,000 | 10,331,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,274,000 | 1,170,000 | 1,366,000 | 1,296,000 | 2,006,000 | 1,700,000 | 1,485,000 | 1,439,000 | 935,000 | 672,000 | 468,000 | 478,000 | 709,000 |
| Cash | 1,219,000 | 1,269,000 | 877,000 | 321,000 | 336,000 | 2,320,000 | 332,000 | 277,000 | 612,000 | 328,000 | 892,000 | 382,000 | 707,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,379,000 | 11,344,000 | 10,511,000 | 11,736,000 | 20,142,000 | 19,376,000 | 18,344,000 | 19,383,000 | 7,294,000 | 7,712,000 | 8,482,000 | 9,688,000 | 10,042,000 |
| total assets | 15,846,000 | 12,386,000 | 11,867,000 | 12,996,000 | 21,160,000 | 20,156,000 | 19,460,000 | 20,573,000 | 18,713,000 | 19,765,000 | 20,752,000 | 32,042,000 | 31,745,000 |
| Bank overdraft | 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 |
| Trade Creditors | 5,189,000 | 3,436,000 | 1,757,000 | 2,363,000 | 2,420,000 | 2,687,000 | 2,270,000 | 4,008,000 | 3,047,000 | 2,622,000 | 2,072,000 | 2,927,000 | 3,373,000 |
| Group/Directors Accounts | 0 | 0 | 3,423,000 | 3,233,000 | 3,146,000 | 3,098,000 | 4,574,000 | 3,318,000 | 3,254,000 | 2,553,000 | 3,285,000 | 2,669,000 | 2,261,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 86,000 | 71,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,180,000 | 3,711,000 | 500,000 | 763,000 | 1,476,000 | 1,373,000 | 481,000 | 721,000 | 783,000 | 2,327,000 | 1,654,000 | 10,374,000 | 10,233,000 |
| total current liabilities | 10,455,000 | 7,218,000 | 5,680,000 | 6,359,000 | 7,042,000 | 7,158,000 | 7,325,000 | 8,047,000 | 7,084,000 | 7,502,000 | 7,011,000 | 15,970,000 | 15,867,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 349,000 | 258,000 | 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 |
| other liabilities | 724,000 | 893,000 | 1,320,000 | 1,490,000 | 1,490,000 | 1,670,000 | 1,909,000 | 1,931,000 | 1,646,000 | 750,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,073,000 | 1,151,000 | 3,259,000 | 3,864,000 | 4,661,000 | 5,615,000 | 5,424,000 | 5,837,000 | 3,964,000 | 2,902,000 | 2,367,000 | 1,743,000 | 2,266,000 |
| total liabilities | 11,528,000 | 8,369,000 | 8,939,000 | 10,223,000 | 11,703,000 | 12,773,000 | 12,749,000 | 13,884,000 | 11,048,000 | 10,404,000 | 9,378,000 | 17,713,000 | 18,133,000 |
| net assets | 4,318,000 | 4,017,000 | 2,928,000 | 2,773,000 | 9,457,000 | 7,383,000 | 6,711,000 | 6,689,000 | 7,665,000 | 9,361,000 | 11,374,000 | 14,329,000 | 13,612,000 |
| total shareholders funds | 4,318,000 | 4,017,000 | 2,928,000 | 2,773,000 | 9,457,000 | 7,383,000 | 6,711,000 | 6,689,000 | 7,665,000 | 9,361,000 | 11,374,000 | 14,329,000 | 13,612,000 |
| Jun 2022 | Jun 2021 | 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 | 520,000 | 1,198,000 | 443,000 | -5,787,000 | 2,109,000 | 1,536,000 | 106,000 | -21,000 | -2,932,000 | -2,087,000 | -829,000 | 746,000 | -736,000 |
| Depreciation | 242,000 | 344,000 | 258,000 | 241,000 | 246,000 | 402,000 | 272,000 | 388,000 | 978,000 | 407,000 | 645,000 | 559,000 | 601,000 |
| Amortisation | 108,000 | 144,000 | 79,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 172,000 | -122,000 | -30,000 | -165,000 | -35,000 | -63,000 | -75,000 | -1,000 | 276,000 | -10,000 | 454,000 | -532,000 | 219,000 |
| Stock | 460,000 | 2,158,000 | -198,000 | 397,000 | -123,000 | -633,000 | -179,000 | 517,000 | 98,000 | -323,000 | -370,000 | -86,000 | 2,687,000 |
| Debtors | 2,625,000 | 7,917,000 | -1,583,000 | -8,788,000 | 2,873,000 | -323,000 | -915,000 | 1,577,000 | -1,150,000 | 141,000 | -11,017,000 | 56,000 | 26,976,000 |
| Creditors | 1,753,000 | 3,436,000 | -606,000 | -57,000 | -267,000 | 417,000 | -1,738,000 | 961,000 | 425,000 | 550,000 | -855,000 | -446,000 | 3,373,000 |
| Accruals and Deferred Income | 1,469,000 | 3,711,000 | -263,000 | -713,000 | 103,000 | 892,000 | -240,000 | -62,000 | -1,544,000 | 673,000 | -8,720,000 | 141,000 | 10,233,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,179,000 | -1,364,000 | 1,662,000 | 1,922,000 | -594,000 | 4,140,000 | -581,000 | -829,000 | -1,745,000 | -285,000 | 2,082,000 | 498,000 | -15,973,000 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 190,000 | 87,000 | 48,000 | -1,476,000 | 1,256,000 | 64,000 | 701,000 | -732,000 | 616,000 | 408,000 | 2,261,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 106,000 | 329,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -169,000 | 893,000 | -170,000 | 0 | -180,000 | -239,000 | -22,000 | 285,000 | 896,000 | 750,000 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -391,000 | -619,000 | -31,000 | -214,000 | -128,000 | -155,000 | -166,000 | -30,000 | -30,000 | 3,000 | 2,000 | 2,000 | -116,000 |
| cash flow from financing | -454,000 | 4,163,000 | -238,000 | -645,000 | -132,000 | -2,516,000 | 1,225,000 | -581,000 | 1,338,000 | 197,000 | -135,000 | 1,021,000 | 16,390,000 |
| cash and cash equivalents | |||||||||||||
| cash | -50,000 | 1,269,000 | 556,000 | -15,000 | -1,984,000 | 1,988,000 | 55,000 | -335,000 | 284,000 | -564,000 | 510,000 | -325,000 | 707,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -50,000 | 1,269,000 | 556,000 | -15,000 | -1,984,000 | 1,988,000 | 55,000 | -335,000 | 284,000 | -564,000 | 510,000 | -325,000 | 707,000 |
euramax solutions limited Credit Report and Business Information
Euramax Solutions Limited Competitor Analysis
Perform a competitor analysis for euramax solutions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M 1 area or any other competitors across 12 key performance metrics.
euramax solutions limited Ownership
EURAMAX SOLUTIONS LIMITED group structure
Euramax Solutions Limited has no subsidiary companies.
euramax solutions limited directors
Euramax Solutions Limited currently has 4 directors. The longest serving directors include Mr Kevin Miller (Oct 2019) and Mr Michael Garratt (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Miller | England | 46 years | Oct 2019 | - | Director |
| Mr Michael Garratt | 36 years | Jan 2021 | - | Director | |
| Mr Giles Richell | 54 years | Nov 2022 | - | Director | |
| Mr Martyn Archer | 65 years | May 2023 | - | Director |
P&L
June 2022turnover
26.5m
0%
operating profit
520k
-57%
gross margin
15%
+46.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
4.3m
+0.07%
total assets
15.8m
+0.28%
cash
1.2m
-0.04%
net assets
Total assets minus all liabilities
euramax solutions limited company details
company number
00485331
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
August 1950
age
75
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2022
previous names
ellbee limited (June 2014)
alumax ellbee limited (September 1996)
accountant
-
auditor
HAWSONS
address
landmark, st peter's square, st peter's square, 1 oxford stre, manchester, M1 4PB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
euramax solutions 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 7 charges/mortgages relating to euramax solutions limited. Currently there are 3 open charges and 4 have been satisfied in the past.
euramax solutions 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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euramax solutions limited Companies House Filings - See Documents
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