edan limited

3

edan limited Company Information

Share EDAN LIMITED
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MatureSmallDeclining

Company Number

02172320

Registered Address

109 st. anns road, prestwich, manchester, lancs, M25 9GE

Industry

Buying and selling of own real estate

 

Telephone

01277812968

Next Accounts Due

December 2024

Group Structure

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Directors

Akiba Reich32 Years

Asher Reich9 Years

Shareholders

osher reich 50%

moishe rothbart 50%

edan limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of EDAN LIMITED at £2.3m based on a Turnover of £1.5m and 1.61x industry multiple (adjusted for size and gross margin).

edan limited Estimated Valuation

£392k

Pomanda estimates the enterprise value of EDAN LIMITED at £392k based on an EBITDA of £100.2k and a 3.91x industry multiple (adjusted for size and gross margin).

edan limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of EDAN LIMITED at £2.8m based on Net Assets of £2m and 1.4x industry multiple (adjusted for liquidity).

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Edan Limited Overview

Edan Limited is a live company located in manchester, M25 9GE with a Companies House number of 02172320. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 1987, it's largest shareholder is osher reich with a 50% stake. Edan Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Edan Limited Health Check

Pomanda's financial health check has awarded Edan Limited a 3 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
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£926.6k)

£1.5m - Edan Limited

£926.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.1%)

-1% - Edan Limited

2.1% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a higher cost of product (66.5%)

27.1% - Edan Limited

66.5% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it less profitable than the average company (36.3%)

6.9% - Edan Limited

36.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Edan Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)

£37.1k - Edan Limited

£37.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £727.2k, this is more efficient (£201.1k)

£727.2k - Edan Limited

£201.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 137 days, this is later than average (26 days)

137 days - Edan Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (31 days)

17 days - Edan Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Edan Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Edan Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (62.6%)

2.5% - Edan Limited

62.6% - Industry AVG

edan 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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Edan Limited Competitor Analysis

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edan limited Ownership

EDAN LIMITED group structure

Edan Limited has no subsidiary companies.

Ultimate parent company

EDAN LIMITED

02172320

EDAN LIMITED Shareholders

osher reich 50%
moishe rothbart 50%

edan limited directors

Edan Limited currently has 2 directors. The longest serving directors include Mr Akiba Reich (Sep 1991) and Mr Asher Reich (Mar 2015).

officercountryagestartendrole
Mr Akiba ReichEngland87 years Sep 1991- Director
Mr Asher ReichEngland48 years Mar 2015- Director

EDAN LIMITED financials

EXPORTms excel logo

Edan Limited's latest turnover from March 2023 is estimated at £1.5 million and the company has net assets of £2 million. According to their latest financial statements, Edan Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,454,4641,293,0771,317,5071,518,5781,685,3661,839,8252,569,4591,760,3871,241,7901,322,9481,299,1411,318,168844,9271,955,850
Other Income Or Grants00000000000000
Cost Of Sales1,060,252960,5891,015,2931,199,5161,253,5141,377,1751,957,6081,308,925950,8461,047,5831,025,5301,038,362681,1191,603,983
Gross Profit394,212332,488302,214319,062431,851462,650611,851451,462290,945275,365273,612279,806163,808351,868
Admin Expenses293,970242,057213,387231,711350,670412,404556,085641,016226,540162,618175,202168,106440,069-2,017,058
Operating Profit100,24290,43188,82787,35181,18150,24655,766-189,55464,405112,74798,410111,700-276,2612,368,926
Interest Payable00000000000000
Interest Receivable0000002781,4271,7431,7341,6991,7651,889960
Pre-Tax Profit100,24290,43188,82787,35181,18150,24656,044-188,12766,148114,482100,109113,465-274,3722,369,886
Tax-19,046-17,182-16,877-16,597-15,424-9,547-11,2090-13,891-26,331-24,026-29,5010-663,568
Profit After Tax81,19673,24971,95070,75465,75740,69944,835-188,12752,25788,15176,08383,964-274,3721,706,318
Dividends Paid00000000000000
Retained Profit81,19673,24971,95070,75465,75740,69944,835-188,12752,25788,15176,08383,964-274,3721,706,318
Employee Costs74,19272,99371,62577,63877,65070,500173,962112,95070,08871,30165,44998,30467,054131,183
Number Of Employees22222253222324
EBITDA*100,24290,43188,82787,35181,18150,24655,766-189,55464,405112,74798,410111,700-276,2612,368,926

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,495,4231,393,0061,301,0441,210,3781,066,456984,402932,0460000000
Intangible Assets00000000000000
Investments & Other0000000863,7391,076,5381,017,389938,727872,193884,831796,048
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,495,4231,393,0061,301,0441,210,3781,066,456984,402932,046863,7391,076,5381,017,389938,727872,193884,831796,048
Stock & work in progress00000000000000
Trade Debtors547,908547,910591,024609,260665,323685,752697,093497,909337,909336,469330,469330,469220,469569,760
Group Debtors00000000000000
Misc Debtors00000000000000
Cash0000000222,275348,591348,521345,272334,523371,481384,007
misc current assets00000000000000
total current assets547,908547,910591,024609,260665,323685,752697,093720,184686,500684,990675,741664,992591,950953,767
total assets2,043,3311,940,9161,892,0681,819,6381,731,7791,670,1541,629,1391,583,9231,763,0381,702,3791,614,4681,537,1851,476,7811,749,815
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 49,41727,11852,71952,23935,31440,34640,03039,64730,63522,23322,47321,27344,83343,495
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities49,41727,11852,71952,23935,31440,34640,03039,64730,63522,23322,47321,27344,83343,495
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income1,2002,2801,0801,080900000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities1,2002,2801,0801,080900000000000
total liabilities50,61729,39853,79953,31936,21440,34640,03039,64730,63522,23322,47321,27344,83343,495
net assets1,992,7141,911,5181,838,2691,766,3191,695,5651,629,8081,589,1091,544,2761,732,4031,680,1461,591,9951,515,9121,431,9481,706,320
total shareholders funds1,992,7141,911,5181,838,2691,766,3191,695,5651,629,8081,589,1091,544,2761,732,4031,680,1461,591,9951,515,9121,431,9481,706,320
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit100,24290,43188,82787,35181,18150,24655,766-189,55464,405112,74798,410111,700-276,2612,368,926
Depreciation00000000000000
Amortisation00000000000000
Tax-19,046-17,182-16,877-16,597-15,424-9,547-11,2090-13,891-26,331-24,026-29,5010-663,568
Stock00000000000000
Debtors-2-43,114-18,236-56,063-20,429-11,341199,184160,0001,4406,0000110,000-349,291569,760
Creditors22,299-25,60148016,925-5,0323163839,0128,402-2401,200-23,5601,33843,495
Accruals and Deferred Income-1,0801,2000180900000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations102,41791,96290,666143,92282,05452,356-154,244-340,54257,47680,17675,584-51,36174,3681,179,093
Investing Activities
capital expenditure-102,417-91,962-90,666-143,922-82,054-52,356-932,0460000000
Change in Investments000000-863,739-212,79959,14978,66266,534-12,63888,783796,048
cash flow from investments-102,417-91,962-90,666-143,922-82,054-52,356-68,307212,799-59,149-78,662-66,53412,638-88,783-796,048
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-20000002
interest0000002781,4271,7431,7341,6991,7651,889960
cash flow from financing0000002761,4271,7431,7341,6991,7651,889962
cash and cash equivalents
cash000000-222,275-126,316703,24910,749-36,958-12,526384,007
overdraft00000000000000
change in cash000000-222,275-126,316703,24910,749-36,958-12,526384,007

P&L

March 2023

turnover

1.5m

+12%

operating profit

100.2k

0%

gross margin

27.2%

+5.41%

turnover

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

Balance Sheet

March 2023

net assets

2m

+0.04%

total assets

2m

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

edan limited company details

company number

02172320

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

September 1987

age

37

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

109 st. anns road, prestwich, manchester, lancs, M25 9GE

last accounts submitted

March 2023

edan 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 edan limited. Currently there are 7 open charges and 0 have been satisfied in the past.

charges

edan limited Companies House Filings - See Documents

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