e.r.hemmings (building) limited
e.r.hemmings (building) limited Company Information
Company Number
02429840
Next Accounts
Dec 2024
Industry
Construction of commercial buildings
Directors
Shareholders
e.r.h. (holdings) ltd
ernest richard hemmings
Group Structure
View All
Contact
Registered Address
11th floor, landmark st peters square, manchester, M1 4PB
Website
erhcommunications.co.uke.r.hemmings (building) limited Estimated Valuation
Pomanda estimates the enterprise value of E.R.HEMMINGS (BUILDING) LIMITED at £5.3m based on a Turnover of £11.6m and 0.46x industry multiple (adjusted for size and gross margin).
e.r.hemmings (building) limited Estimated Valuation
Pomanda estimates the enterprise value of E.R.HEMMINGS (BUILDING) LIMITED at £385.3k based on an EBITDA of £104.7k and a 3.68x industry multiple (adjusted for size and gross margin).
e.r.hemmings (building) limited Estimated Valuation
Pomanda estimates the enterprise value of E.R.HEMMINGS (BUILDING) LIMITED at £619.9k based on Net Assets of £412.4k and 1.5x industry multiple (adjusted for liquidity).
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E.r.hemmings (building) Limited Overview
E.r.hemmings (building) Limited is a dissolved company that was located in manchester, M1 4PB with a Companies House number of 02429840. It operated in the construction of commercial buildings sector, SIC Code 41201. Founded in October 1989, it's largest shareholder was e.r.h. (holdings) ltd with a 99% stake. The last turnover for E.r.hemmings (building) Limited was estimated at £11.6m.
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E.r.hemmings (building) Limited Health Check
Pomanda's financial health check has awarded E.R.Hemmings (Building) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £11.6m, make it larger than the average company (£7.5m)
£11.6m - E.r.hemmings (building) Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (1.9%)
-8% - E.r.hemmings (building) Limited
1.9% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (12.8%)
10% - E.r.hemmings (building) Limited
12.8% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (2.7%)
0.9% - E.r.hemmings (building) Limited
2.7% - Industry AVG
Employees
with 49 employees, this is below the industry average (67)
49 - E.r.hemmings (building) Limited
67 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£39.2k)
£36.3k - E.r.hemmings (building) Limited
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £237.5k, this is equally as efficient (£277.6k)
£237.5k - E.r.hemmings (building) Limited
£277.6k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (45 days)
90 days - E.r.hemmings (building) Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (41 days)
50 days - E.r.hemmings (building) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (15 days)
0 days - E.r.hemmings (building) Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - E.r.hemmings (building) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (77.3%)
88.2% - E.r.hemmings (building) Limited
77.3% - Industry AVG
E.R.HEMMINGS (BUILDING) LIMITED financials
E.R.Hemmings (Building) Limited's latest turnover from December 2012 is £11.6 million and the company has net assets of £412.4 thousand. According to their latest financial statements, E.R.Hemmings (Building) Limited has 49 employees and maintains cash reserves of £127.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Turnover | 11,636,579 | 12,565,746 | 13,959,514 | 15,050,508 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,473,560 | 10,925,733 | 12,275,329 | 13,565,598 |
| Gross Profit | 1,163,019 | 1,640,013 | 1,684,185 | 1,484,910 |
| Admin Expenses | 1,665,264 | 1,731,134 | ||
| Operating Profit | 18,921 | -246,224 | ||
| Interest Payable | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 3,136 |
| Pre-Tax Profit | 20,631 | 15,028 | 18,921 | -243,088 |
| Tax | -5,474 | -4,576 | -12,795 | 192,807 |
| Profit After Tax | 15,157 | 10,452 | 6,126 | -50,281 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 15,157 | 10,452 | 6,126 | -50,281 |
| Employee Costs | 1,777,769 | 2,193,926 | 2,432,752 | 2,514,672 |
| Number Of Employees | 49 | 67 | 68 | 76 |
| EBITDA* | 18,921 | -246,224 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 5,223 | 7,255 | 5,346 | 5,847 |
| Trade Debtors | 2,893,337 | 2,981,506 | 3,092,918 | 2,781,336 |
| Group Debtors | 244,533 | 1,189,496 | 1,653,900 | 732,776 |
| Misc Debtors | 230,691 | 36,815 | 122,644 | 169,222 |
| Cash | 127,070 | 1,251 | 1,540 | 87,029 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 3,500,854 | 4,216,323 | 4,876,348 | 3,776,210 |
| total assets | 3,500,854 | 4,216,323 | 4,876,348 | 3,776,210 |
| Bank overdraft | 986,884 | 1,630,754 | 1,504,392 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,446,661 | 1,976,629 | 2,816,089 | 2,935,088 |
| Group/Directors Accounts | 461,002 | 0 | 4,010 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 193,873 | 211,663 | 165,032 | 460,423 |
| total current liabilities | 3,088,420 | 3,819,046 | 4,489,523 | 3,395,511 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 3,088,420 | 3,819,046 | 4,489,523 | 3,395,511 |
| net assets | 412,434 | 397,277 | 386,825 | 380,699 |
| total shareholders funds | 412,434 | 397,277 | 386,825 | 380,699 |
| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 18,921 | -246,224 | ||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -5,474 | -4,576 | -12,795 | 192,807 |
| Stock | -2,032 | 1,909 | -501 | 5,847 |
| Debtors | -839,256 | -661,645 | 1,186,128 | 3,683,334 |
| Creditors | -529,968 | -839,460 | -118,999 | 2,935,088 |
| Accruals and Deferred Income | -17,790 | 46,631 | -295,391 | 460,423 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,593,891 | -347,087 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 461,002 | -4,010 | 4,010 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 3,136 | ||
| cash flow from financing | 4,010 | 434,116 | ||
| cash and cash equivalents | ||||
| cash | 125,819 | -289 | -85,489 | 87,029 |
| overdraft | -643,870 | 126,362 | 1,504,392 | 0 |
| change in cash | 769,689 | -126,651 | -1,589,881 | 87,029 |
e.r.hemmings (building) limited Credit Report and Business Information
E.r.hemmings (building) Limited Competitor Analysis
Perform a competitor analysis for e.r.hemmings (building) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in M 1 area or any other competitors across 12 key performance metrics.
e.r.hemmings (building) limited Ownership
E.R.HEMMINGS (BUILDING) LIMITED group structure
E.R.Hemmings (Building) Limited has no subsidiary companies.
Ultimate parent company
1 parent
E.R.HEMMINGS (BUILDING) LIMITED
02429840
e.r.hemmings (building) limited directors
E.R.Hemmings (Building) Limited currently has 1 director, Mr Ernest Hemmings serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ernest Hemmings | United Kingdom | 79 years | Oct 2014 | - | Director |
P&L
December 2012turnover
11.6m
-7%
operating profit
104.7k
0%
gross margin
10%
-23.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2012net assets
412.4k
+0.04%
total assets
3.5m
-0.17%
cash
127.1k
+100.57%
net assets
Total assets minus all liabilities
e.r.hemmings (building) limited company details
company number
02429840
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
October 1989
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2012
previous names
e.r.hemmings (building) limited (October 2009)
avon engineering supplies limited (May 1990)
accountant
-
auditor
-
address
11th floor, landmark st peters square, manchester, M1 4PB
Bank
-
Legal Advisor
-
e.r.hemmings (building) 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 5 charges/mortgages relating to e.r.hemmings (building) limited. Currently there are 4 open charges and 1 have been satisfied in the past.
e.r.hemmings (building) limited Companies House Filings - See Documents
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