Pomanda estimates the enterprise value of ENVIROLEC LIMITED at £567.6k based on a Turnover of £1.4m and 0.41x industry multiple (adjusted for size and gross margin).
envirolec limitedEstimated Valuation
£363.7k
Pomanda estimates the enterprise value of ENVIROLEC LIMITED at £363.7k based on an EBITDA of £84.4k and a 4.31x industry multiple (adjusted for size and gross margin).
envirolec limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of ENVIROLEC LIMITED at £1.1m based on Net Assets of £450.9k and 2.45x industry multiple (adjusted for liquidity).
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Envirolec LimitedOverview
Envirolec Limited is a live company located in ashton under lyne, OL6 6DA with a Companies House number of 03322707. It operates in the electrical installation sector, SIC Code 43210. Founded in February 1997, it's largest shareholder is
michael terence rankin
with a 85% stake. Envirolec Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Envirolec Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£1.9m)
£1.4m - Envirolec Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (11.1%)
31% - Envirolec Limited
11.1% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Envirolec Limited
26.3% - Industry AVG
Profitability
an operating margin of 5.7% make it as profitable than the average company (6.7%)
5.7% - Envirolec Limited
6.7% - Industry AVG
Employees
with 11 employees, this is below the industry average (16)
11 - Envirolec Limited
16 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
£44.4k - Envirolec Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £127.2k, this is equally as efficient (£147.8k)
£127.2k - Envirolec Limited
£147.8k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (55 days)
91 days - Envirolec Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (41 days)
22 days - Envirolec Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (10 days)
0 days - Envirolec Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is more cash available to meet short term requirements (24 weeks)
29 weeks - Envirolec Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.4%, this is a lower level of debt than the average (58.8%)
27.4% - Envirolec Limited
58.8% - Industry AVG
ENVIROLEC LIMITED financials
EXPORT
Envirolec Limited's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of £450.9 thousand. According to their latest financial statements, Envirolec Limited has 11 employees and maintains cash reserves of £98 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
1,398,974
955,543
819,997
626,992
824,716
1,045,976
923,634
841,950
733,864
1,020,009
758,846
1,020,499
2,134,999
2,051,326
1,109,748
Other Income Or Grants
Cost Of Sales
1,031,341
706,825
611,962
469,633
616,389
767,010
662,231
598,797
513,109
707,890
524,737
690,194
1,421,170
1,279,842
689,944
Gross Profit
367,632
248,718
208,035
157,359
208,327
278,966
261,403
243,153
220,755
312,119
234,109
330,305
713,829
771,484
419,804
Admin Expenses
287,417
235,941
165,762
137,125
207,568
240,371
195,497
279,147
189,829
272,397
242,503
492,046
708,932
698,419
-54,775
Operating Profit
80,215
12,777
42,273
20,234
759
38,595
65,906
-35,994
30,926
39,722
-8,394
-161,741
4,897
73,065
474,579
Interest Payable
579
376
241
614
417
429
2,188
3,734
1,821
2,461
2,461
Interest Receivable
3,943
1,992
643
178
784
555
218
118
572
579
377
400
615
676
324
Pre-Tax Profit
84,157
14,190
42,540
20,172
928
38,733
65,695
-38,065
27,764
38,481
-8,017
-163,802
3,051
73,742
474,903
Tax
-21,039
-2,696
-8,083
-3,833
-176
-7,359
-12,482
-5,553
-8,081
-793
-20,648
-132,973
Profit After Tax
63,118
11,494
34,457
16,339
752
31,374
53,213
-38,065
22,211
30,400
-8,017
-163,802
2,258
53,094
341,930
Dividends Paid
Retained Profit
63,118
11,494
34,457
16,339
752
31,374
53,213
-38,065
22,211
30,400
-8,017
-163,802
2,258
53,094
341,930
Employee Costs
488,367
455,833
398,948
397,887
410,022
403,899
387,222
403,041
237,187
278,688
225,267
292,393
630,574
684,760
375,553
Number Of Employees
11
11
10
10
10
10
10
10
6
7
6
8
17
19
10
EBITDA*
84,423
18,279
48,703
24,932
6,135
42,370
70,624
-31,139
30,926
44,120
-2,522
-161,741
11,418
77,033
485,239
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
48,050
18,578
23,871
25,133
16,312
11,501
14,778
19,496
10,557
14,022
17,570
16,277
21,385
13,639
142,579
Intangible Assets
Investments & Other
50,000
127,444
127,444
127,444
127,444
127,444
127,444
127,444
Debtors (Due After 1 year)
Total Fixed Assets
48,050
18,578
23,871
25,133
16,312
61,501
14,778
19,496
138,001
141,466
145,014
143,721
148,829
141,083
270,023
Stock & work in progress
2,800
2,800
2,600
2,600
2,800
2,800
3,000
3,000
2,850
2,200
2,500
3,116
2,968
2,827
2,692
Trade Debtors
352,088
232,585
195,191
139,779
201,434
291,804
245,174
189,891
192,090
204,524
156,848
220,866
458,777
432,456
212,233
Group Debtors
2,000
Misc Debtors
70,189
47,721
59,385
4,823
1,810
35,481
55,978
122,876
12,355
Cash
97,971
52,221
47,390
209,676
147,184
61,806
86,112
1,000
93,087
135,520
96,193
54,674
105,343
140,835
129,640
misc current assets
50,000
100,000
150,000
200,000
225,000
8,417
2,610
total current assets
573,048
437,327
454,566
556,878
578,228
391,891
390,264
325,184
300,382
342,244
255,541
281,266
567,088
576,118
344,565
total assets
621,098
455,905
478,437
582,011
594,540
453,392
405,042
344,680
438,383
483,710
400,555
424,987
715,917
717,201
614,588
Bank overdraft
11,578
7,898
10,307
2,037
11,153
2,858
Bank loan
Trade Creditors
62,736
33,537
54,142
29,149
17,170
23,624
19,272
27,217
21,111
171,727
112,419
120,362
233,510
243,736
150,504
Group/Directors Accounts
5,500
92,011
164,011
other short term finances
6,553
hp & lease commitments
18,164
other current liabilities
83,842
34,630
36,473
119,064
80,013
94,765
90,411
66,201
80,220
total current liabilities
170,242
68,167
102,193
240,224
269,092
128,696
111,720
104,571
110,742
171,727
112,419
120,362
233,510
243,736
150,504
loans
49,467
56,020
75,723
hp & lease commitments
Accruals and Deferred Income
other liabilities
62,573
71,045
9,302
78,341
122,054
provisions
total long term liabilities
49,467
56,020
62,573
71,045
85,025
78,341
122,054
total liabilities
170,242
68,167
102,193
240,224
269,092
128,696
111,720
104,571
160,209
227,747
174,992
191,407
318,535
322,077
272,558
net assets
450,856
387,738
376,244
341,787
325,448
324,696
293,322
240,109
278,174
255,963
225,563
233,580
397,382
395,124
342,030
total shareholders funds
450,856
387,738
376,244
341,787
325,448
324,696
293,322
240,109
278,174
255,963
225,563
233,580
397,382
395,124
342,030
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
80,215
12,777
42,273
20,234
759
38,595
65,906
-35,994
30,926
39,722
-8,394
-161,741
4,897
73,065
474,579
Depreciation
4,208
5,502
6,430
4,698
5,376
3,775
4,718
4,855
4,398
5,872
6,521
3,968
10,660
Amortisation
Tax
-21,039
-2,696
-8,083
-3,833
-176
-7,359
-12,482
-5,553
-8,081
-793
-20,648
-132,973
Stock
200
-200
-200
150
650
-300
-616
148
141
135
2,692
Debtors
139,971
27,730
109,974
-58,642
-124,041
26,133
-11,615
108,322
-79
47,676
-64,018
-237,911
26,321
220,223
212,233
Creditors
29,199
-20,605
24,993
11,979
-6,454
4,352
-7,945
6,106
-150,616
59,308
-7,943
-113,148
-10,226
93,232
150,504
Accruals and Deferred Income
49,212
-1,843
-82,591
39,051
-14,752
4,354
24,210
-14,019
80,220
Deferred Taxes & Provisions
Cash flow from operations
1,824
-34,795
-126,952
130,971
108,794
17,784
86,022
-147,524
-45,594
47,971
54,169
-37,126
-26,063
-70,741
287,845
Investing Activities
capital expenditure
-33,680
-209
-5,168
-13,519
-10,187
-498
-13,794
3,465
-850
-7,165
5,108
-14,267
124,972
-153,239
Change in Investments
-50,000
50,000
-127,444
127,444
cash flow from investments
-33,680
-209
-5,168
-13,519
39,813
-50,498
113,650
3,465
-850
-7,165
5,108
-14,267
124,972
-280,683
Financing Activities
Bank loans
Group/Directors Accounts
5,500
-92,011
-72,000
164,011
Other Short Term Loans
-6,553
6,553
Long term loans
-49,467
-6,553
56,020
-75,723
75,723
Hire Purchase and Lease Commitments
18,164
other long term liabilities
-62,573
-8,472
61,743
-69,039
-43,713
122,054
share issue
100
interest
3,943
1,413
267
-63
170
138
-211
-2,070
-3,162
-1,242
377
-2,061
-1,846
676
324
cash flow from financing
27,607
1,413
-91,744
-72,063
164,181
138
-211
-58,090
-3,162
-7,795
-8,095
-16,041
4,838
-43,037
122,478
cash and cash equivalents
cash
45,750
4,831
-162,286
62,492
85,378
-24,306
85,112
-92,087
-42,433
39,327
41,519
-50,669
-35,492
11,195
129,640
overdraft
-11,578
11,578
-7,898
-2,409
8,270
-9,116
8,295
2,858
change in cash
45,750
16,409
-173,864
70,390
87,787
-32,576
94,228
-100,382
-45,291
39,327
41,519
-50,669
-35,492
11,195
129,640
envirolec 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 envirolec limited. Get real-time insights into envirolec limited's credit score, group structure and payment trends.
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envirolec limited Ownership
ENVIROLEC LIMITED group structure
Envirolec Limited has no subsidiary companies.
Ultimate parent company
ENVIROLEC LIMITED
03322707
ENVIROLEC LIMITED Shareholders
The largest shareholders in Envirolec Limited include Michael Terence Rankin and Mr Richard Anthony Orwat.
michael terence rankin
85%
mr richard anthony orwat
10%
karen rankin
5%
envirolec limited directors
Envirolec Limited currently has 2 directors.
The longest serving directors include
Mr Michael Rankin (Feb 1997) and
Mrs Karen Rankin (Mar 2017).
the warehouse, wellington road, ashton under lyne, lancashire ol6 7da, OL6 6DA
Bank
-
Legal Advisor
-
envirolec 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 3 charges/mortgages relating to envirolec limited. Currently there are 2 open charges and 1 have been satisfied in the past.
envirolec 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 ENVIROLEC LIMITED. This can take several minutes, an email will notify you when this has completed.
envirolec limitedCompanies House Filings - See Documents
