Pomanda estimates the enterprise value of ERITH HOLDINGS LIMITED at £162.2m based on a Turnover of £227.1m and 0.71x industry multiple (adjusted for size and gross margin).
erith holdings limitedEstimated Valuation
£43.9m
Pomanda estimates the enterprise value of ERITH HOLDINGS LIMITED at £43.9m based on an EBITDA of £7.8m and a 5.65x industry multiple (adjusted for size and gross margin).
erith holdings limitedEstimated Valuation
£8.3m
Pomanda estimates the enterprise value of ERITH HOLDINGS LIMITED at £8.3m based on Net Assets of £3.9m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Erith Holdings LimitedOverview
Erith Holdings Limited is a live company located in kent, DA8 1RP with a Companies House number of 02586308. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 1991, it's largest shareholder is
erith holdings trustees ltd
with a 100% stake. Erith Holdings Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£227.1m with
low
growth in recent years.
Pomanda's financial health check has awarded Erith Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
0 Regular
7 Weak
Size
annual sales of £227.1m, make it larger than the average company (£19.7m)
£227.1m - Erith Holdings Limited
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.8%)
2% - Erith Holdings Limited
5.8% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (33.1%)
9.4% - Erith Holdings Limited
33.1% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.8%)
2.1% - Erith Holdings Limited
5.8% - Industry AVG
Employees
with 557 employees, this is above the industry average (110)
557 - Erith Holdings Limited
110 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has a higher pay structure (£47.4k)
£66.1k - Erith Holdings Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £407.6k, this is more efficient (£196.6k)
£407.6k - Erith Holdings Limited
£196.6k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (45 days)
64 days - Erith Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (43 days)
23 days - Erith Holdings Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (50 days)
0 days - Erith Holdings Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (16 weeks)
25 weeks - Erith Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (55.8%)
95.2% - Erith Holdings Limited
55.8% - Industry AVG
ERITH HOLDINGS LIMITED financials
EXPORT
Erith Holdings Limited's latest turnover from September 2023 is £227.1 million and the company has net assets of £3.9 million. According to their latest financial statements, Erith Holdings Limited has 557 employees and maintains cash reserves of £30.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
227,054,000
208,287,000
175,688,000
214,506,000
190,268,000
147,718,000
152,870,000
149,986,000
114,906,000
80,492,000
56,362,000
60,624,003
66,973,978
48,488,807
35,140,840
Other Income Or Grants
Cost Of Sales
205,809,000
188,074,000
154,088,000
186,552,000
164,390,000
129,078,000
128,206,000
126,631,000
96,966,000
70,138,000
49,088,000
53,872,845
59,536,902
42,114,593
30,327,738
Gross Profit
21,245,000
20,213,000
21,600,000
27,954,000
25,878,000
18,640,000
24,664,000
23,355,000
17,940,000
10,354,000
7,274,000
6,751,158
7,437,076
6,374,214
4,813,102
Admin Expenses
16,392,000
16,758,000
15,709,000
19,848,000
18,929,000
14,221,000
14,096,000
13,315,000
11,009,000
8,231,000
6,391,000
7,127,658
6,195,916
5,751,666
4,712,394
Operating Profit
4,853,000
3,455,000
5,891,000
8,106,000
6,949,000
4,419,000
10,568,000
10,040,000
6,931,000
2,123,000
883,000
-376,500
1,241,160
622,548
100,708
Interest Payable
766,000
470,000
322,000
258,000
340,000
383,000
351,000
185,000
141,000
111,000
81,000
99,177
96,298
64,725
100,836
Interest Receivable
21,000
1,000
5,000
154,000
7,000
8,000
14,000
10,000
3,000
8,000
14,614
14,335
37,980
206,644
Pre-Tax Profit
5,115,000
-13,768,000
11,330,000
8,431,000
7,904,000
4,043,000
10,225,000
9,869,000
6,800,000
2,015,000
809,000
-461,063
1,159,197
595,803
206,516
Tax
-1,495,000
-318,000
-1,975,000
-1,850,000
-1,310,000
-551,000
-929,000
-2,315,000
-1,499,000
-549,000
-251,000
33,231
-346,232
-457,328
-111,481
Profit After Tax
3,620,000
-14,086,000
9,355,000
6,581,000
6,594,000
3,492,000
9,296,000
7,554,000
5,301,000
1,466,000
558,000
-427,832
812,965
138,475
95,035
Dividends Paid
1,500,000
300,000
Retained Profit
3,620,000
-14,086,000
9,355,000
6,581,000
6,594,000
3,492,000
9,296,000
7,554,000
1,166,000
558,000
-427,832
812,965
138,475
95,035
Employee Costs
36,840,000
37,873,000
35,396,000
37,511,000
36,894,000
33,647,000
29,080,000
22,760,000
19,197,000
15,675,000
10,410,000
10,324,948
9,358,131
8,192,351
7,135,176
Number Of Employees
557
599
574
631
651
626
582
472
407
336
236
233
217
194
157
EBITDA*
7,763,000
7,353,000
9,511,000
12,005,000
10,572,000
7,624,000
13,388,000
12,840,000
9,048,000
3,411,000
1,966,000
779,321
2,315,534
1,967,547
1,462,351
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
5,525,000
9,304,000
10,703,000
14,144,000
15,710,000
11,326,000
9,703,000
11,991,000
12,197,000
8,799,000
7,377,000
7,328,888
7,738,070
5,140,248
3,717,615
Intangible Assets
Investments & Other
1,494,000
1,687,000
1,600,000
1,575,000
1,768,000
Debtors (Due After 1 year)
Total Fixed Assets
7,019,000
10,991,000
12,303,000
15,719,000
15,710,000
11,326,000
9,703,000
11,991,000
12,197,000
8,799,000
7,377,000
7,328,888
7,738,070
6,908,248
3,717,615
Stock & work in progress
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
137,000
91,000
91,000
Trade Debtors
40,011,000
32,187,000
43,962,000
38,107,000
57,971,000
41,503,000
36,882,000
13,895,000
10,580,000
7,992,000
6,669,000
5,269,486
10,287,166
6,549,069
5,175,741
Group Debtors
Misc Debtors
4,582,000
750,000
695,000
717,000
1,655,000
2,992,000
2,059,000
15,251,000
18,446,000
14,387,000
5,901,000
2,998,763
2,230,038
1,891,569
1,246,204
Cash
30,356,000
24,928,000
15,574,000
17,412,000
7,336,000
7,659,000
9,502,000
11,235,000
8,040,000
1,573,000
3,792,000
3,589,996
7,836,548
6,116,617
6,534,349
misc current assets
total current assets
75,086,000
58,002,000
60,368,000
56,373,000
67,099,000
52,291,000
48,580,000
40,518,000
37,203,000
24,089,000
16,499,000
11,995,245
20,490,752
14,648,255
13,047,294
total assets
82,105,000
68,993,000
72,671,000
72,092,000
82,809,000
63,617,000
58,283,000
52,509,000
49,400,000
32,888,000
23,876,000
19,324,133
28,228,822
21,556,503
16,764,909
Bank overdraft
Bank loan
Trade Creditors
13,063,000
11,150,000
9,747,000
9,359,000
15,804,000
8,609,000
8,101,000
5,542,000
5,218,000
5,615,000
3,558,000
3,134,676
5,614,934
3,838,578
2,307,320
Group/Directors Accounts
3,750,000
other short term finances
500,000
hp & lease commitments
2,095,000
3,420,000
3,595,000
3,316,000
2,814,000
1,436,000
1,524,000
2,839,000
2,710,000
997,000
433,000
596,802
698,124
406,639
618,622
other current liabilities
42,994,000
22,087,000
37,367,000
31,796,000
37,319,000
24,819,000
21,994,000
18,907,000
21,848,000
11,961,000
7,428,000
3,625,637
8,792,567
5,351,268
3,456,373
total current liabilities
61,902,000
36,657,000
50,709,000
44,971,000
55,937,000
34,864,000
31,619,000
27,288,000
29,776,000
18,573,000
11,419,000
7,357,115
15,105,625
9,596,485
6,382,315
loans
13,729,000
9,000,000
4,125,000
3,125,000
9,125,000
9,375,000
412,000
604,000
796,000
988,000
1,180,000
1,872,000
hp & lease commitments
1,843,000
3,202,000
4,405,000
5,954,000
5,786,000
2,751,000
394,000
1,787,000
3,332,000
1,632,000
748,000
623,388
1,159,735
117,521
524,160
Accruals and Deferred Income
other liabilities
provisions
700,000
18,323,000
160,000
26,412
total long term liabilities
16,272,000
30,525,000
4,565,000
10,079,000
8,911,000
11,876,000
9,769,000
1,787,000
3,744,000
2,236,000
1,544,000
1,611,388
2,339,735
1,989,521
550,572
total liabilities
78,174,000
67,182,000
55,274,000
55,050,000
64,848,000
46,740,000
41,388,000
29,075,000
33,520,000
20,809,000
12,963,000
8,968,503
17,445,360
11,586,006
6,932,887
net assets
3,931,000
1,811,000
17,397,000
17,042,000
17,961,000
16,877,000
16,895,000
23,434,000
15,880,000
12,079,000
10,913,000
10,355,630
10,783,462
9,970,497
9,832,022
total shareholders funds
3,931,000
1,811,000
17,397,000
17,042,000
17,961,000
16,877,000
16,895,000
23,434,000
15,880,000
12,079,000
10,913,000
10,355,630
10,783,462
9,970,497
9,832,022
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
4,853,000
3,455,000
5,891,000
8,106,000
6,949,000
4,419,000
10,568,000
10,040,000
6,931,000
2,123,000
883,000
-376,500
1,241,160
622,548
100,708
Depreciation
2,910,000
3,898,000
3,620,000
3,899,000
3,623,000
3,205,000
2,820,000
2,800,000
2,117,000
1,288,000
1,083,000
1,155,821
1,074,374
1,344,999
1,361,643
Amortisation
Tax
-1,495,000
-318,000
-1,975,000
-1,850,000
-1,310,000
-551,000
-929,000
-2,315,000
-1,499,000
-549,000
-251,000
33,231
-346,232
-457,328
-111,481
Stock
46,000
91,000
Debtors
11,656,000
-11,720,000
5,833,000
-20,802,000
15,131,000
5,554,000
9,795,000
120,000
6,647,000
9,809,000
4,301,751
-4,248,955
4,076,566
2,018,693
6,421,945
Creditors
1,913,000
1,403,000
388,000
-6,445,000
7,195,000
508,000
2,559,000
324,000
-397,000
2,057,000
423,324
-2,480,258
1,776,356
1,531,258
2,307,320
Accruals and Deferred Income
20,907,000
-15,280,000
5,571,000
-5,523,000
12,500,000
2,825,000
3,087,000
-2,941,000
9,887,000
4,533,000
3,802,363
-5,166,930
3,441,299
1,894,895
3,456,373
Deferred Taxes & Provisions
-17,623,000
18,163,000
160,000
-26,412
26,412
Cash flow from operations
-191,000
23,041,000
7,822,000
18,989,000
13,826,000
4,852,000
8,310,000
7,788,000
10,392,000
-357,000
1,638,936
-2,585,681
3,064,391
2,891,267
628,030
Investing Activities
capital expenditure
-6,640,000
-4,342,000
-381,000
-298,000
-444,090
577,681
-4,479,940
-9,078
Change in Investments
-193,000
87,000
25,000
1,575,000
-1,768,000
1,768,000
cash flow from investments
193,000
-87,000
-25,000
-1,575,000
-6,640,000
-4,342,000
-381,000
-298,000
-444,090
2,345,681
-6,247,940
-9,078
Financing Activities
Bank loans
Group/Directors Accounts
3,750,000
Other Short Term Loans
-500,000
500,000
Long term loans
4,729,000
9,000,000
-4,125,000
1,000,000
-6,000,000
-250,000
9,375,000
-412,000
-192,000
-192,000
-192,000
-192,000
-692,000
1,872,000
Hire Purchase and Lease Commitments
-2,684,000
-1,378,000
-1,270,000
670,000
4,413,000
2,269,000
-2,708,000
-1,416,000
3,413,000
1,448,000
-39,190
-637,669
1,333,699
-618,622
1,142,782
other long term liabilities
share issue
-1,500,000
-1,500,000
-9,000,000
-7,500,000
-5,510,000
-3,510,000
-15,835,000
3,801,000
-630
9,736,987
interest
-745,000
-470,000
-321,000
-253,000
-186,000
-376,000
-343,000
-171,000
-131,000
-108,000
-73,000
-84,563
-81,963
-26,745
105,808
cash flow from financing
3,550,000
5,652,000
-15,216,000
-5,583,000
-7,283,000
-1,867,000
-9,511,000
-1,999,000
6,891,000
1,148,000
-304,820
-914,232
559,736
1,226,633
10,985,577
cash and cash equivalents
cash
5,428,000
9,354,000
-1,838,000
10,076,000
-323,000
-1,843,000
-1,733,000
3,195,000
6,467,000
-2,219,000
202,004
-4,246,552
1,719,931
-417,732
6,534,349
overdraft
change in cash
5,428,000
9,354,000
-1,838,000
10,076,000
-323,000
-1,843,000
-1,733,000
3,195,000
6,467,000
-2,219,000
202,004
-4,246,552
1,719,931
-417,732
6,534,349
erith holdings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for erith holdings limited. Get real-time insights into erith holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for erith holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in DA8 area or any other competitors across 12 key performance metrics.
erith holdings limited Ownership
ERITH HOLDINGS LIMITED group structure
Erith Holdings Limited has 3 subsidiary companies.
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 erith holdings limited. Currently there are 4 open charges and 3 have been satisfied in the past.
erith holdings 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.
Click to start generating capital raising & share issue transactions for ERITH HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
erith holdings limitedCompanies House Filings - See Documents
