Pomanda estimates the enterprise value of ERIMUS HOUSING LIMITED at £150.4m based on a Turnover of £53.5m and 2.81x industry multiple (adjusted for size and gross margin).
erimus housing limitedEstimated Valuation
£276.7m
Pomanda estimates the enterprise value of ERIMUS HOUSING LIMITED at £276.7m based on an EBITDA of £22.5m and a 12.29x industry multiple (adjusted for size and gross margin).
erimus housing limitedEstimated Valuation
£449.5m
Pomanda estimates the enterprise value of ERIMUS HOUSING LIMITED at £449.5m based on Net Assets of £234.5m and 1.92x industry multiple (adjusted for liquidity).
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Erimus Housing LimitedOverview
Erimus Housing Limited is a converted/closed company that was located in cleveland, TS18 2NB with a Companies House number of 04619469. It operated in the other accommodation sector, SIC Code 55900. Founded in December 2002, it's largest shareholder was
unknown.
The last turnover for Erimus Housing Limited was estimated at £53.5m.
Pomanda's financial health check has awarded Erimus Housing Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
3 Weak
Size
annual sales of £53.5m, make it larger than the average company (£677.7k)
£53.5m - Erimus Housing Limited
£677.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4%)
3% - Erimus Housing Limited
4% - Industry AVG
Production
with a gross margin of 53.9%, this company has a comparable cost of product (53.9%)
53.9% - Erimus Housing Limited
53.9% - Industry AVG
Profitability
an operating margin of 26.9% make it more profitable than the average company (7.8%)
26.9% - Erimus Housing Limited
7.8% - Industry AVG
Employees
with 465 employees, this is above the industry average (23)
465 - Erimus Housing Limited
23 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£21.1k)
£22.7k - Erimus Housing Limited
£21.1k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is more efficient (£40.6k)
£115k - Erimus Housing Limited
£40.6k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (15 days)
19 days - Erimus Housing Limited
15 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Erimus Housing Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Erimus Housing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 141 weeks, this is more cash available to meet short term requirements (86 weeks)
141 weeks - Erimus Housing Limited
86 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.7%, this is a higher level of debt than the average (27.7%)
36.7% - Erimus Housing Limited
27.7% - Industry AVG
ERIMUS HOUSING LIMITED financials
EXPORT
Erimus Housing Limited's latest turnover from March 2016 is £53.5 million and the company has net assets of £234.5 million. According to their latest financial statements, Erimus Housing Limited has 465 employees and maintains cash reserves of £22.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
53,478,000
54,518,000
52,663,000
48,785,000
43,944,000
41,211,000
39,354,000
Other Income Or Grants
Cost Of Sales
24,638,164
23,888,377
120,000
2,000
19,783,848
17,328,276
15,367,525
Gross Profit
28,839,836
30,629,623
52,543,000
48,783,000
24,160,152
23,882,724
23,986,475
Admin Expenses
14,473,836
17,025,623
40,161,000
40,790,000
17,349,152
15,310,724
15,261,475
Operating Profit
14,366,000
13,604,000
12,382,000
7,993,000
6,811,000
8,572,000
8,725,000
Interest Payable
4,498,000
4,869,000
5,324,000
4,463,000
4,053,000
3,613,000
3,195,000
Interest Receivable
312,000
270,000
912,000
810,000
730,000
603,000
593,000
Pre-Tax Profit
9,776,000
8,674,000
9,011,000
4,792,000
4,108,000
7,607,000
6,066,000
Tax
-1,000
-4,000
Profit After Tax
9,776,000
8,674,000
9,011,000
4,792,000
4,108,000
7,606,000
6,062,000
Dividends Paid
Retained Profit
9,776,000
8,674,000
9,011,000
4,792,000
4,108,000
7,606,000
6,062,000
Employee Costs
10,558,000
15,132,000
12,907,000
12,831,000
12,156,000
12,289,000
10,678,000
Number Of Employees
465
520
460
467
340
346
342
EBITDA*
22,518,000
21,017,000
18,709,000
14,197,000
13,096,000
18,163,000
12,847,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
339,120,000
341,000,000
333,467,000
287,858,000
265,210,000
246,938,000
233,575,000
Intangible Assets
Investments & Other
454,000
461,000
518,000
Debtors (Due After 1 year)
162,000
151,000
113,000
Total Fixed Assets
339,574,000
341,461,000
334,147,000
288,009,000
265,323,000
246,938,000
233,575,000
Stock & work in progress
47,000
Trade Debtors
2,905,000
2,818,000
2,921,000
1,932,000
1,852,000
1,575,000
1,399,000
Group Debtors
4,427,000
610,000
2,398,000
1,194,000
2,921,000
2,572,000
1,255,000
Misc Debtors
798,000
656,000
2,083,000
1,123,000
1,155,000
913,000
905,000
Cash
22,911,000
13,352,000
2,405,000
1,594,000
5,263,000
2,890,000
1,653,000
misc current assets
2,207,000
35,597,000
241,000
1,523,000
total current assets
31,041,000
17,483,000
12,014,000
41,440,000
11,191,000
8,191,000
6,735,000
total assets
370,615,000
358,944,000
346,161,000
329,449,000
276,514,000
255,129,000
240,310,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
2,548,000
1,432,000
1,788,000
2,625,000
1,474,000
2,008,000
3,619,000
other short term finances
hp & lease commitments
other current liabilities
5,855,000
6,141,000
5,887,000
5,354,000
4,391,000
3,985,000
3,949,000
total current liabilities
8,403,000
7,573,000
7,675,000
7,979,000
5,865,000
5,993,000
7,568,000
loans
114,953,000
114,629,000
114,616,000
114,367,000
85,000,000
82,119,000
82,028,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
119,000
provisions
12,770,000
12,097,000
total long term liabilities
127,723,000
126,726,000
122,708,000
124,206,000
96,663,000
84,460,000
90,392,000
total liabilities
136,126,000
134,299,000
130,383,000
132,185,000
102,528,000
90,453,000
97,960,000
net assets
234,489,000
224,645,000
215,778,000
197,264,000
173,986,000
164,676,000
142,350,000
total shareholders funds
234,489,000
224,645,000
215,778,000
197,264,000
173,986,000
164,676,000
142,350,000
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
14,366,000
13,604,000
12,382,000
7,993,000
6,811,000
8,572,000
8,725,000
Depreciation
8,152,000
7,413,000
6,327,000
6,204,000
6,285,000
9,591,000
4,122,000
Amortisation
Tax
-1,000
-4,000
Stock
-47,000
47,000
Debtors
4,046,000
-3,480,000
3,164,000
-1,641,000
981,000
1,501,000
3,559,000
Creditors
Accruals and Deferred Income
-286,000
254,000
533,000
963,000
406,000
36,000
3,949,000
Deferred Taxes & Provisions
673,000
12,097,000
Cash flow from operations
18,906,000
36,801,000
16,078,000
16,801,000
12,521,000
16,697,000
13,233,000
Investing Activities
capital expenditure
-6,272,000
-14,946,000
-45,567,000
-12,933,000
-9,553,000
-12,440,000
-18,433,000
Change in Investments
-7,000
-57,000
518,000
cash flow from investments
-6,265,000
-14,889,000
-46,085,000
-12,933,000
-9,553,000
-12,440,000
-18,433,000
Financing Activities
Bank loans
Group/Directors Accounts
1,116,000
-356,000
-837,000
1,151,000
-534,000
-1,611,000
3,619,000
Other Short Term Loans
Long term loans
324,000
13,000
249,000
29,367,000
2,881,000
91,000
82,028,000
Hire Purchase and Lease Commitments
other long term liabilities
-119,000
119,000
share issue
68,000
193,000
9,503,000
18,486,000
5,202,000
14,720,000
136,288,000
interest
-4,186,000
-4,599,000
-4,412,000
-3,653,000
-3,323,000
-3,010,000
-2,602,000
cash flow from financing
-2,678,000
-4,749,000
4,503,000
45,232,000
4,345,000
10,190,000
219,333,000
cash and cash equivalents
cash
9,559,000
10,947,000
811,000
-3,669,000
2,373,000
1,237,000
1,653,000
overdraft
change in cash
9,559,000
10,947,000
811,000
-3,669,000
2,373,000
1,237,000
1,653,000
erimus housing 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 erimus housing limited. Get real-time insights into erimus housing limited's credit score, group structure and payment trends.
Perform a competitor analysis for erimus housing limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in TS18 area or any other competitors across 12 key performance metrics.
erimus housing limited Ownership
ERIMUS HOUSING LIMITED group structure
Erimus Housing Limited has no subsidiary companies.
Ultimate parent company
ERIMUS HOUSING LIMITED
04619469
ERIMUS HOUSING LIMITED Shareholders
The sole shareholder of Erimus Housing Limited is -.
-
-
erimus housing limited directors
Erimus Housing Limited currently has 8 directors.
The longest serving directors include
Ms Sarah Robson (Oct 2006) and
Mr Hugh McGouran (Jun 2008).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016
net assets
234.5m
+0.04%
total assets
370.6m
+0.03%
cash
22.9m
+0.72%
net assets
Total assets minus all liabilities
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erimus housing limited company details
company number
04619469
Type
Private Ltd By Guarantee w/o Share Cap
industry
55900 - Other accommodation
incorporation date
December 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2016
previous names
N/A
accountant
-
auditor
-
address
northshore north shore road, stockton-on-tees, cleveland, TS18 2NB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
erimus housing 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 did not find charges/mortgages relating to erimus housing limited.
erimus housing 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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erimus housing limitedCompanies House Filings - See Documents
