enrc africa holdings limited

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enrc africa holdings limited Company Information

Share ENRC AFRICA HOLDINGS LIMITED

Company Number

04232247

Shareholders

enrc africa 1 limited

Group Structure

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Industry

Mining of other non-ferrous metal ores

 

Registered Address

13th floor one angel court, london, EC2R 7HJ

enrc africa holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ENRC AFRICA HOLDINGS LIMITED at £0 based on a Turnover of £0 and 0.96x industry multiple (adjusted for size and gross margin).

enrc africa holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ENRC AFRICA HOLDINGS LIMITED at £0 based on an EBITDA of £-452.6k and a 2.62x industry multiple (adjusted for size and gross margin).

enrc africa holdings limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of ENRC AFRICA HOLDINGS LIMITED at £3.4m based on Net Assets of £2.6m and 1.29x industry multiple (adjusted for liquidity).

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Enrc Africa Holdings Limited Overview

Enrc Africa Holdings Limited is a live company located in london, EC2R 7HJ with a Companies House number of 04232247. It operates in the mining of other non-ferrous metal ores sector, SIC Code 07290. Founded in June 2001, it's largest shareholder is enrc africa 1 limited with a 100% stake. Enrc Africa Holdings Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Enrc Africa Holdings Limited Health Check

Pomanda's financial health check has awarded Enrc Africa Holdings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Enrc Africa Holdings Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (556)

- - Enrc Africa Holdings Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Enrc Africa Holdings Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (40.8%)

- - Enrc Africa Holdings Limited

- - Industry AVG

ENRC AFRICA HOLDINGS LIMITED financials

EXPORTms excel logo

Enrc Africa Holdings Limited's latest turnover from December 2023 is 0 and the company has net assets of £2.6 million. According to their latest financial statements, we estimate that Enrc Africa Holdings Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Turnover
Other Income Or Grants
Cost Of Sales
Gross Profit
Admin Expenses452,602-16,105-84,014,367-1,000,0003,000,00094,000,0001,026,955,000-54,612,36831,122,500-12,947,500229,739,615
Operating Profit-452,60216,10584,014,3671,000,000-3,000,000-94,000,000-1,026,955,00054,612,368-31,122,50012,947,500-229,739,615
Interest Payable59,0851,000,0001,000,00025,000,00029,000,00012,000,0004,000,000755,000
Interest Receivable2,3024,000,0007,000,0001,000,00026,000,00026,000,00014,000,0001,000,0003,526,000
Pre-Tax Profit-514,88613,045-71,000,00068,000,0001,000,000-2,000,000-3,000,000-68,000,000-1,028,000,00041,000,000-32,000,0009,000,000-235,387,000
Tax4,074,000
Profit After Tax-514,88613,045-71,000,00068,000,0001,000,000-2,000,000-3,000,000-68,000,000-1,028,000,00041,000,000-32,000,0009,000,000-231,313,000
Dividends Paid
Retained Profit-514,88613,045-71,000,00068,000,0001,000,000-2,000,000-3,000,000-68,000,000-1,028,000,00041,000,000-32,000,0009,000,000-231,313,000
Employee Costs24,67127,43828,1236,548,000
Number Of Employees111111111111111
EBITDA*-452,60216,10584,014,3671,000,000-3,000,000-94,000,000-1,026,955,00054,612,368-31,122,50012,947,500-229,679,615

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Tangible Assets2,000,0002,000,0002,000,0002,000,0002,000,0002,591,000
Intangible Assets
Investments & Other71,000,0001,000,000515,000,0001,040,000,000786,000,000627,599,000
Debtors (Due After 1 year)1,000,0003,763,000
Total Fixed Assets71,000,0002,000,0003,000,000517,000,0001,042,000,000789,000,000633,953,000
Stock & work in progress
Trade Debtors1,000,0001,000,000
Group Debtors3,548,1893,136,8933,000,0003,000,0003,000,0006,000,0007,000,0006,000,0009,000,00018,000,000104,000,000891,000,00012,820,000
Misc Debtors189,5333,072,000
Cash1,000,0001,000,0001,000,00010,000,00010,000,0003,000,000678,000
misc current assets
total current assets3,737,7233,136,8943,000,0003,000,0003,000,0006,000,0008,000,0006,000,0009,000,00019,000,000106,000,000902,000,00010,000,0003,000,00016,570,000
total assets3,737,7233,136,8943,000,0003,000,0003,000,00077,000,0008,000,0006,000,0009,000,00021,000,000109,000,0001,419,000,0001,052,000,000792,000,000650,523,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts6,9068,000,0004,000,00023,000,000524,000,000811,000,000479,000,000175,000,0008,814,000
other short term finances
hp & lease commitments
other current liabilities1,5341,000,0003,000,00012,000,00011,737,000
total current liabilities8,4418,000,0001,000,0004,000,00023,000,000524,000,000814,000,000479,000,000187,000,00020,551,000
loans1,107,2746,000,0006,000,0002,000,0002,000,00025,000,0008,000,00014,000,00014,000,00048,464,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities1,107,2746,000,0006,000,0002,000,0002,000,00025,000,0008,000,00014,000,00014,000,00048,464,000
total liabilities1,115,7156,000,0006,000,0008,000,0003,000,0002,000,0004,000,00023,000,000549,000,000822,000,000493,000,000201,000,00069,015,000
net assets2,622,0073,136,8943,000,000-3,000,000-3,000,00069,000,0005,000,0004,000,0005,000,000-2,000,000-440,000,000597,000,000559,000,000591,000,000581,508,000
total shareholders funds2,622,0073,136,8943,000,000-3,000,000-3,000,00069,000,0005,000,0004,000,0005,000,000-2,000,000-440,000,000597,000,000559,000,000591,000,000581,508,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Mar 2010
Operating Activities
Operating Profit-452,60216,10584,014,3671,000,000-3,000,000-94,000,000-1,026,955,00054,612,368-31,122,50012,947,500-229,739,615
Depreciation60,000
Amortisation
Tax4,074,000
Stock
Debtors600,829136,893-3,000,000-1,000,0001,000,000-3,000,000-9,000,000-87,000,000-787,000,000892,000,000-1,000,0001,000,00019,655,000
Creditors
Accruals and Deferred Income1,534-1,000,0001,000,000-3,000,0003,000,000-12,000,00012,000,00011,737,000
Deferred Taxes & Provisions
Cash flow from operations-1,051,897-120,7883,000,00084,014,3671,000,0003,000,0006,000,000-7,000,000-242,955,000-834,387,632-42,122,50023,947,500-233,523,615
Investing Activities
capital expenditure2,000,000-2,000,000-2,651,000
Change in Investments-71,000,00071,000,000-1,000,000-514,000,000-525,000,000254,000,000786,000,000627,599,000
cash flow from investments71,000,000-71,000,0002,000,0001,000,000514,000,000525,000,000-254,000,000-788,000,000-630,250,000
Financing Activities
Bank loans
Group/Directors Accounts6,906-8,000,0008,000,000-4,000,000-19,000,000-501,000,000-287,000,000332,000,000304,000,000175,000,0008,814,000
Other Short Term Loans
Long term loans1,107,274-6,000,0006,000,000-2,000,0002,000,000-25,000,00017,000,000-6,000,00014,000,00048,464,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue123,8496,000,000-1,000,000-4,000,0001,000,00010,000,000506,000,000-9,000,000-3,000,000582,000,000812,821,000
interest-59,0852,3023,000,0007,000,0001,000,000-3,000,0002,000,000-3,000,0002,771,000
cash flow from financing1,055,095126,1519,000,000-1,000,000-9,000,000-20,000,000-278,000,000320,000,000306,000,000768,000,000872,870,000
cash and cash equivalents
cash-1,000,0001,000,000-1,000,000-9,000,0007,000,0003,000,000678,000
overdraft
change in cash-1,000,0001,000,000-1,000,000-9,000,0007,000,0003,000,000678,000

enrc africa holdings 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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Enrc Africa Holdings Limited Competitor Analysis

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Perform a competitor analysis for enrc africa holdings limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mature companies, companies in EC2R area or any other competitors across 12 key performance metrics.

enrc africa holdings limited Ownership

ENRC AFRICA HOLDINGS LIMITED group structure

Enrc Africa Holdings Limited has 2 subsidiary companies.

Ultimate parent company

EURASIAN RESOURCES GROUP SARL

#0060729

2 parents

ENRC AFRICA HOLDINGS LIMITED

04232247

2 subsidiaries

ENRC AFRICA HOLDINGS LIMITED Shareholders

enrc africa 1 limited 100%

enrc africa holdings limited directors

Enrc Africa Holdings Limited currently has 2 directors. The longest serving directors include Dmitry Melnikov (Dec 2016) and Ms Katrina White (Nov 2022).

officercountryagestartendrole
Dmitry MelnikovUnited Kingdom43 years Dec 2016- Director
Ms Katrina WhiteUnited Kingdom49 years Nov 2022- Director

P&L

December 2023

turnover

0

0%

operating profit

-452.6k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

2.6m

-0.16%

total assets

3.7m

+0.19%

cash

0

0%

net assets

Total assets minus all liabilities

enrc africa holdings limited company details

company number

04232247

Type

Private limited with Share Capital

industry

07290 - Mining of other non-ferrous metal ores

incorporation date

June 2001

age

24

incorporated

UK

ultimate parent company

EURASIAN RESOURCES GROUP SARL

accounts

Full Accounts

last accounts submitted

December 2023

previous names

central african mining & exploration company plc (September 2010)

ableplan plc (July 2001)

accountant

-

auditor

MERCER & HOLE LLP

address

13th floor one angel court, london, EC2R 7HJ

Bank

-

Legal Advisor

-

enrc africa holdings 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 8 charges/mortgages relating to enrc africa holdings limited. Currently there are 5 open charges and 3 have been satisfied in the past.

enrc africa 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.

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enrc africa holdings limited Companies House Filings - See Documents

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