enl limited

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enl limited Company Information

Share ENL LIMITED

Company Number

00612062

Shareholders

enl group ltd

Group Structure

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Industry

Manufacture of air and spacecraft and related machinery

 +3

Registered Address

units 6-9, victory trading estate, portsmouth, hants, PO3 5LP

enl limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of ENL LIMITED at £4.1m based on a Turnover of £7.5m and 0.54x industry multiple (adjusted for size and gross margin).

enl limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ENL LIMITED at £1.7m based on an EBITDA of £429.2k and a 4.04x industry multiple (adjusted for size and gross margin).

enl limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ENL LIMITED at £2.9m based on Net Assets of £1.4m and 2.06x industry multiple (adjusted for liquidity).

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Enl Limited Overview

Enl Limited is a live company located in portsmouth, PO3 5LP with a Companies House number of 00612062. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in September 1958, it's largest shareholder is enl group ltd with a 100% stake. Enl Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.5m with declining growth in recent years.

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Enl Limited Health Check

Pomanda's financial health check has awarded Enl Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

8 Weak

size

Size

annual sales of £7.5m, make it smaller than the average company (£12.2m)

£7.5m - Enl Limited

£12.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.5%)

-1% - Enl Limited

5.5% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a comparable cost of product (29.6%)

23.8% - Enl Limited

29.6% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (8.5%)

2.6% - Enl Limited

8.5% - Industry AVG

employees

Employees

with 84 employees, this is similar to the industry average (90)

84 - Enl Limited

90 - Industry AVG

paystructure

Pay Structure

on an average salary of £42k, the company has an equivalent pay structure (£44.8k)

£42k - Enl Limited

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89.4k, this is less efficient (£175.4k)

£89.4k - Enl Limited

£175.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (57 days)

85 days - Enl Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is quicker than average (45 days)

35 days - Enl Limited

45 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 86 days, this is in line with average (71 days)

86 days - Enl Limited

71 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - Enl Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.7%, this is a higher level of debt than the average (59.7%)

72.7% - Enl Limited

59.7% - Industry AVG

ENL LIMITED financials

EXPORTms excel logo

Enl Limited's latest turnover from December 2023 is £7.5 million and the company has net assets of £1.4 million. According to their latest financial statements, Enl Limited has 84 employees and maintains cash reserves of £16.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Turnover7,506,1606,656,6765,759,3597,735,1728,130,1747,795,8426,685,1425,848,5784,975,8214,733,6655,105,1835,387,4465,466,3755,473,387
Other Income Or Grants
Cost Of Sales5,718,2355,139,7294,524,1236,270,4746,000,2855,699,9834,529,3634,222,5143,233,8552,843,9753,444,7323,670,8433,900,6083,891,826
Gross Profit1,787,9251,516,9471,235,2361,464,6982,129,8892,095,8592,155,7791,626,0641,741,9661,889,6901,660,4511,716,6031,565,7671,581,561
Admin Expenses1,589,4871,700,7341,394,3371,421,2201,932,4221,991,0911,841,4271,312,2641,491,7861,563,1281,502,3221,517,3971,357,2731,607,842-1,551,448
Operating Profit198,438-183,787-159,10143,478197,467104,768314,352313,800250,180326,562158,129199,206208,494-26,2811,551,448
Interest Payable184,944114,99199,141108,855138,692127,32593,78842,671107,85779,01776,00761,15154,163
Interest Receivable6,7746,4214,8297,6301121,1312,01420628,1815,22212,48225,10032,078441258
Pre-Tax Profit20,268-292,357-253,413-57,74758,887-21,426222,578271,335230,121252,76794,604163,155186,409-25,8401,551,706
Tax38116,483112,2481,14347,86263,181-54,2672,415-2,40557,5489,28650,725-434,478
Profit After Tax20,268-292,319-136,93054,50160,03026,436285,759217,068232,536250,362152,152172,441237,134-25,8401,117,228
Dividends Paid42,000168,000168,000168,000112,000
Retained Profit20,268-292,319-136,93012,501-107,970-141,564117,759217,068120,536250,362152,152172,441237,134-25,8401,117,228
Employee Costs3,523,8033,321,0103,026,3313,275,3423,405,7703,433,6202,984,6702,480,7252,371,1332,228,5562,040,6321,894,4721,824,5771,415,503
Number Of Employees848386981071079485807275848445
EBITDA*429,22056,547111,011347,272549,192421,061570,040551,609447,939462,709251,168332,260365,084106,5911,648,626

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Tangible Assets1,140,8841,027,5431,055,3441,238,7891,385,6391,614,6911,138,229991,996929,899722,198400,029500,314582,966338,544413,306
Intangible Assets
Investments & Other132,883132,883132,883132,883132,883132,883132,883124,800124,800133,28997,28997,289306,376101,291101,291
Debtors (Due After 1 year)
Total Fixed Assets1,273,7671,160,4261,188,2271,371,6721,518,5221,747,5741,271,1121,116,7961,054,699855,487497,318597,603889,342439,835514,597
Stock & work in progress1,349,3851,240,0191,007,3281,011,3931,506,3291,435,2281,058,398692,091884,622650,321534,926948,448708,205574,452578,168
Trade Debtors1,757,4681,087,7701,259,866920,3701,396,2251,707,1941,167,8351,050,978921,6251,060,8451,027,9491,043,9521,524,3611,487,0711,460,256
Group Debtors619,802531,486474,271434,350520,512276,087288,803643,357738,339653,249808,454643,391443,194
Misc Debtors184,891116,899272,581238,18779,744162,252161,15096,32819,26525,862216,10626,74023,866
Cash16,17731,84659,047150,674127,90494,222456,653159,1035,508109,57090,833144,418133,66473,256103,032
misc current assets
total current assets3,927,7233,008,0203,073,0932,754,9743,630,7143,674,9833,132,8392,641,8572,569,3592,499,8472,678,2682,806,9492,833,2902,134,7792,141,456
total assets5,201,4904,168,4464,261,3204,126,6465,149,2365,422,5574,403,9513,758,6533,624,0583,355,3343,175,5863,404,5523,722,6322,574,6142,656,053
Bank overdraft179,974
Bank loan
Trade Creditors 551,063553,979399,875274,704631,028544,357369,834109,880245,199244,379520,881320,400370,689564,793598,931
Group/Directors Accounts464,123250,408144,98185,424183,340103,000216,346210,044203,989248,048265,823171,309139,936
other short term finances1,243,968743,393887,16322,858896,5861,202,224744,254675,692689,772622,321692,120
hp & lease commitments267,725240,236246,114296,739268,385339,696265,566205,335184,137147,83879,765107,326120,21676,518
other current liabilities777,266755,350564,488988,461837,664639,989328,396215,357193,500198,417155,552998,5641,188,266631,881685,958
total current liabilities3,304,1452,543,3662,242,6211,668,1862,817,0032,829,2661,924,3961,416,3081,516,5971,461,0031,714,1411,597,5991,999,0811,273,1921,284,889
loans35,98495,425152,142
hp & lease commitments475,318187,337229,196475,310513,726666,814411,514392,063374,247281,65399,129183,64187,685
Accruals and Deferred Income
other liabilities272,680131,587
provisions
total long term liabilities475,318223,321324,621627,452513,726666,814411,514392,063374,247281,65399,129183,641272,68087,685131,587
total liabilities3,779,4632,766,6872,567,2422,295,6383,330,7293,496,0802,335,9101,808,3711,890,8441,742,6561,813,2701,781,2402,271,7611,360,8771,416,476
net assets1,422,0271,401,7591,694,0781,831,0081,818,5071,926,4772,068,0411,950,2821,733,2141,612,6781,362,3161,623,3121,450,8711,213,7371,239,577
total shareholders funds1,422,0271,401,7591,694,0781,831,0081,818,5071,926,4772,068,0411,950,2821,733,2141,612,6781,362,3161,623,3121,450,8711,213,7371,239,577
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Sep 2009
Operating Activities
Operating Profit198,438-183,787-159,10143,478197,467104,768314,352313,800250,180326,562158,129199,206208,494-26,2811,551,448
Depreciation230,782240,334270,112303,794351,725316,293255,688237,809197,759136,14793,039133,054156,590132,87297,178
Amortisation
Tax38116,483112,2481,14347,86263,181-54,2672,415-2,40557,5489,28650,725-434,478
Stock109,366232,691-4,065-494,93671,101376,830366,307-192,531234,301115,395-413,522240,243133,753-3,716578,168
Debtors826,006-270,563413,811-403,574-149,052527,745-172,875111,434-60,727-312,553338,426-277,338504,35026,8151,460,256
Creditors-2,916154,104125,171-356,32486,671174,523259,954-135,319820-276,502200,481-50,289-194,104-34,138598,931
Accruals and Deferred Income21,916190,862-423,973150,797197,675311,593113,03921,857-4,91742,865-843,012-189,702556,385-54,077685,958
Deferred Taxes & Provisions
Cash flow from operations-487,152439,423-481,0541,152,503912,63250,464812,782464,977272,683423,825-258,719138,650139,987-4,723460,613
Investing Activities
capital expenditure-344,123-212,533-86,667-156,944-122,673-792,755-401,921-299,906-405,460-458,3167,246-22,936-61,142-58,110-510,484
Change in Investments8,083-8,48936,000-209,087205,085101,291
cash flow from investments-344,123-212,533-86,667-156,944-122,673-792,755-410,004-299,906-396,971-494,3167,246186,151-266,227-58,110-611,775
Financing Activities
Bank loans
Group/Directors Accounts213,715105,42759,557-97,91680,340-113,3466,3026,055-44,059-17,77594,51431,373139,936
Other Short Term Loans 500,575-143,770864,305-873,728-305,638457,97068,562-14,08067,451-69,799692,120
Long term loans-35,984-59,441-56,717152,142
Hire Purchase and Lease Commitments315,470-47,737-296,739-10,062-224,399329,43079,68239,014128,893250,597-112,073170,751-43,987164,203
other long term liabilities-272,680272,680-131,587131,587
share issue-413,148122,349
interest-178,170-108,570-94,312-101,225-138,580-126,194-91,774-42,465-79,676-73,795-63,525-36,051-22,085441258
cash flow from financing815,606-254,091476,094-930,789-588,277547,86062,772-11,47672,60989,228197,888-106,607346,54433,057254,194
cash and cash equivalents
cash-15,669-27,201-91,62722,77033,682-362,431297,550153,595-104,06218,737-53,58510,75460,408-29,776103,032
overdraft-179,974179,974
change in cash-15,669-27,201-91,62722,77033,682-362,431297,550153,595-104,06218,737-53,585190,728-119,566-29,776103,032

enl limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Enl Limited Competitor Analysis

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Perform a competitor analysis for enl limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in PO3 area or any other competitors across 12 key performance metrics.

enl limited Ownership

ENL LIMITED group structure

Enl Limited has no subsidiary companies.

Ultimate parent company

1 parent

ENL LIMITED

00612062

ENL LIMITED Shareholders

enl group ltd 100%

enl limited directors

Enl Limited currently has 1 director, Mr Richard Gamble serving since Mar 2000.

officercountryagestartendrole
Mr Richard Gamble58 years Mar 2000- Director

P&L

December 2023

turnover

7.5m

+13%

operating profit

198.4k

-208%

gross margin

23.9%

+4.52%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.4m

+0.01%

total assets

5.2m

+0.25%

cash

16.2k

-0.49%

net assets

Total assets minus all liabilities

enl limited company details

company number

00612062

Type

Private limited with Share Capital

industry

30300 - Manufacture of air and spacecraft and related machinery

22290 - Manufacture of other plastic products

25110 - Manufacture of metal structures and parts of structures

incorporation date

September 1958

age

67

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

electromag-neil limited (January 2002)

accountant

-

auditor

TC GROUP

address

units 6-9, victory trading estate, portsmouth, hants, PO3 5LP

Bank

HANDELSBANKEN, HANDELSBANKEN, HANDELSBANKEN

Legal Advisor

-

enl 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 12 charges/mortgages relating to enl limited. Currently there are 3 open charges and 9 have been satisfied in the past.

enl 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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enl limited Companies House Filings - See Documents

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