eedg realisations limited
eedg realisations limited Company Information
Company Number
03606750
Website
edseasydiner.comRegistered Address
15 canada square, london, E14 5GL
Industry
Licensed restaurants
Telephone
01513560056
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
ed's easy diner holdings ltd 100%
eedg realisations limited Estimated Valuation
Pomanda estimates the enterprise value of EEDG REALISATIONS LIMITED at £26.5m based on a Turnover of £26.5m and 1x industry multiple (adjusted for size and gross margin).
eedg realisations limited Estimated Valuation
Pomanda estimates the enterprise value of EEDG REALISATIONS LIMITED at £14.7m based on an EBITDA of £2m and a 7.23x industry multiple (adjusted for size and gross margin).
eedg realisations limited Estimated Valuation
Pomanda estimates the enterprise value of EEDG REALISATIONS LIMITED at £9m based on Net Assets of £3.1m and 2.87x industry multiple (adjusted for liquidity).
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Eedg Realisations Limited Overview
Eedg Realisations Limited is a dissolved company that was located in london, E14 5GL with a Companies House number of 03606750. It operated in the licenced restaurants sector, SIC Code 56101. Founded in July 1998, it's largest shareholder was ed's easy diner holdings ltd with a 100% stake. The last turnover for Eedg Realisations Limited was estimated at £26.5m.
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Eedg Realisations Limited Health Check
Pomanda's financial health check has awarded Eedg Realisations Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £26.5m, make it larger than the average company (£1.6m)
£26.5m - Eedg Realisations Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (3.1%)
65% - Eedg Realisations Limited
3.1% - Industry AVG
Production
with a gross margin of 51.1%, this company has a comparable cost of product (60.6%)
51.1% - Eedg Realisations Limited
60.6% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.7%)
1.8% - Eedg Realisations Limited
3.7% - Industry AVG
Employees
with 650 employees, this is above the industry average (145)
650 - Eedg Realisations Limited
145 - Industry AVG
Pay Structure
on an average salary of £12.2k, the company has a lower pay structure (£15.7k)
£12.2k - Eedg Realisations Limited
£15.7k - Industry AVG
Efficiency
resulting in sales per employee of £40.8k, this is equally as efficient (£47.2k)
£40.8k - Eedg Realisations Limited
£47.2k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (4 days)
1 days - Eedg Realisations Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is close to average (50 days)
51 days - Eedg Realisations Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (15 days)
10 days - Eedg Realisations Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Eedg Realisations Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.7%, this is a similar level of debt than the average (81.9%)
85.7% - Eedg Realisations Limited
81.9% - Industry AVG
EEDG REALISATIONS LIMITED financials
Eedg Realisations Limited's latest turnover from September 2014 is £26.5 million and the company has net assets of £3.1 million. According to their latest financial statements, Eedg Realisations Limited has 650 employees and maintains cash reserves of £820 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|
| Turnover | 26,512,000 | 17,594,000 | 9,414,000 | 5,955,000 | 4,116,000 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 12,970,000 | 8,789,000 | 4,686,000 | 2,947,000 | 2,119,000 | 0 |
| Gross Profit | 13,542,000 | 8,805,000 | 4,728,000 | 3,008,000 | 1,997,000 | 0 |
| Admin Expenses | 13,064,000 | 8,575,000 | 4,188,000 | 2,899,000 | 3,038,000 | 0 |
| Operating Profit | 478,000 | 230,000 | 540,000 | 109,000 | -1,041,000 | 0 |
| Interest Payable | 180,000 | 1,000 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 1,000 | 0 |
| Pre-Tax Profit | 298,000 | 229,000 | 540,000 | 109,000 | -140,000 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 298,000 | 229,000 | 540,000 | 109,000 | -140,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 800,000 | 0 |
| Retained Profit | 298,000 | 229,000 | 540,000 | 109,000 | -940,000 | 0 |
| Employee Costs | 7,905,000 | 5,352,000 | 2,957,000 | 0 | ||
| Number Of Employees | 650 | 455 | 228 | |||
| EBITDA* | 2,030,000 | 1,130,000 | 1,031,000 | 403,000 | -905,000 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,989,000 | 11,676,000 | 5,524,000 | 2,395,000 | 1,353,000 | 0 |
| Intangible Assets | 0 | 0 | 93,000 | 99,000 | 105,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 111,150 |
| Debtors (Due After 1 year) | 0 | 174,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,989,000 | 11,850,000 | 5,617,000 | 2,494,000 | 1,458,000 | 111,150 |
| Stock & work in progress | 385,000 | 288,000 | 143,000 | 87,000 | 39,000 | 0 |
| Trade Debtors | 138,000 | 152,000 | 118,000 | 2,000 | 1,000 | 0 |
| Group Debtors | 3,000 | 3,000 | 3,000 | 3,000 | 0 | 663,750 |
| Misc Debtors | 566,000 | 760,000 | 586,000 | 202,000 | 145,000 | 0 |
| Cash | 820,000 | 1,792,000 | 217,000 | 17,000 | 87,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,912,000 | 2,995,000 | 1,067,000 | 311,000 | 272,000 | 663,750 |
| total assets | 21,901,000 | 14,845,000 | 6,684,000 | 2,805,000 | 1,730,000 | 774,900 |
| Bank overdraft | 0 | 244,000 | 0 | 420,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,833,000 | 1,491,000 | 483,000 | 324,000 | 258,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 560,000 | 1,701,000 | 578,559 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 7,000 | 0 |
| other current liabilities | 5,432,000 | 2,807,000 | 1,590,000 | 436,000 | 508,000 | 750 |
| total current liabilities | 7,265,000 | 4,542,000 | 2,073,000 | 1,740,000 | 2,474,000 | 579,309 |
| loans | 11,239,000 | 8,269,000 | 3,006,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 265,000 | 200,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,504,000 | 8,469,000 | 3,006,000 | 0 | 0 | 0 |
| total liabilities | 18,769,000 | 13,011,000 | 5,079,000 | 1,740,000 | 2,474,000 | 579,309 |
| net assets | 3,132,000 | 1,834,000 | 1,605,000 | 1,065,000 | -744,000 | 195,591 |
| total shareholders funds | 3,132,000 | 1,834,000 | 1,605,000 | 1,065,000 | -744,000 | 195,591 |
| Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 478,000 | 230,000 | 540,000 | 109,000 | -1,041,000 | 0 |
| Depreciation | 1,552,000 | 900,000 | 485,000 | 288,000 | 130,000 | 0 |
| Amortisation | 6,000 | 6,000 | 6,000 | 0 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 97,000 | 145,000 | 56,000 | 48,000 | 39,000 | 0 |
| Debtors | -382,000 | 382,000 | 500,000 | 61,000 | -517,750 | 663,750 |
| Creditors | 342,000 | 1,008,000 | 159,000 | 66,000 | 258,000 | 0 |
| Accruals and Deferred Income | 2,690,000 | 1,417,000 | 1,154,000 | -72,000 | 507,250 | 750 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,788,000 | 288,000 | 339,000 | -663,000 | ||
| Investing Activities | ||||||
| capital expenditure | -8,082,000 | -5,921,000 | -3,614,000 | |||
| Change in Investments | 0 | 0 | 0 | 0 | -111,150 | 111,150 |
| cash flow from investments | -8,082,000 | -5,921,000 | -3,614,000 | |||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -560,000 | -1,141,000 | 1,122,441 | 578,559 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 2,970,000 | 5,263,000 | 3,006,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -7,000 | 7,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -180,000 | -1,000 | 0 | 1,000 | 0 | |
| cash flow from financing | 3,790,000 | 5,262,000 | 2,446,000 | 1,130,850 | 774,150 | |
| cash and cash equivalents | ||||||
| cash | -972,000 | 1,575,000 | 200,000 | -70,000 | 87,000 | 0 |
| overdraft | -244,000 | 244,000 | -420,000 | 420,000 | 0 | 0 |
| change in cash | -728,000 | 1,331,000 | 620,000 | -490,000 | 87,000 | 0 |
eedg realisations limited Credit Report and Business Information
Eedg Realisations Limited Competitor Analysis
Perform a competitor analysis for eedg realisations limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
eedg realisations limited Ownership
EEDG REALISATIONS LIMITED group structure
Eedg Realisations Limited has no subsidiary companies.
Ultimate parent company
EEDG REALISATIONS LIMITED
03606750
eedg realisations limited directors
Eedg Realisations Limited currently has 10 directors. The longest serving directors include Mr Brian Cooper (May 2009) and Mr Stephen Greene (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Cooper | England | 80 years | May 2009 | - | Director |
| Mr Stephen Greene | 76 years | May 2009 | - | Director | |
| Mr Andrew Guy | 76 years | May 2009 | - | Director | |
| Mrs Melanie Holroyd | United Kingdom | 47 years | Oct 2010 | - | Director |
| Mr Aubrey Glaser | England | 75 years | Apr 2012 | - | Director |
| Mrs Brenda Cooper | England | 79 years | May 2012 | - | Director |
| Mrs Anita Greene | 75 years | May 2012 | - | Director | |
| Mrs Stephanie Featherman | 75 years | Jun 2012 | - | Director | |
| Mr Reuben Todd | 50 years | Jan 2013 | - | Director | |
| Mr Paul Gilligan | England | 62 years | Feb 2014 | - | Director |
P&L
September 2014turnover
26.5m
+51%
operating profit
478k
+108%
gross margin
51.1%
+2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2014net assets
3.1m
+0.71%
total assets
21.9m
+0.48%
cash
820k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
eedg realisations limited company details
company number
03606750
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
July 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
ed's easy diner group limited (October 2016)
apple pan holdings limited (October 2010)
incorporated
UK
address
15 canada square, london, E14 5GL
last accounts submitted
September 2014
eedg realisations 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 eedg realisations limited. Currently there are 3 open charges and 4 have been satisfied in the past.
eedg realisations limited Companies House Filings - See Documents
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