equity release holdings (no. 5) limited
equity release holdings (no. 5) limited Company Information
Company Number
05492179
Website
http://aviva.comRegistered Address
third floor 1 king's arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Ioannis Kyriakopoulos5 Years
Shareholders
bedell trustees ltd 100%
equity release holdings (no. 5) limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITY RELEASE HOLDINGS (NO. 5) LIMITED at £47.4m based on a Turnover of £40.2m and 1.18x industry multiple (adjusted for size and gross margin).
equity release holdings (no. 5) limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITY RELEASE HOLDINGS (NO. 5) LIMITED at £400.4m based on an EBITDA of £42.3m and a 9.47x industry multiple (adjusted for size and gross margin).
equity release holdings (no. 5) limited Estimated Valuation
Pomanda estimates the enterprise value of EQUITY RELEASE HOLDINGS (NO. 5) LIMITED at £90.1k based on Net Assets of £35k and 2.57x industry multiple (adjusted for liquidity).
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Equity Release Holdings (no. 5) Limited Overview
Equity Release Holdings (no. 5) Limited is a live company located in london, EC2R 7AF with a Companies House number of 05492179. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2005, it's largest shareholder is bedell trustees ltd with a 100% stake. Equity Release Holdings (no. 5) Limited is a established, large sized company, Pomanda has estimated its turnover at £40.2m with healthy growth in recent years.
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Equity Release Holdings (no. 5) Limited Health Check
Pomanda's financial health check has awarded Equity Release Holdings (No. 5) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
2 Weak
Size
annual sales of £40.2m, make it larger than the average company (£3.8m)
£40.2m - Equity Release Holdings (no. 5) Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3%)
8% - Equity Release Holdings (no. 5) Limited
3% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - Equity Release Holdings (no. 5) Limited
38.8% - Industry AVG
Profitability
an operating margin of 105.3% make it more profitable than the average company (6.3%)
105.3% - Equity Release Holdings (no. 5) Limited
6.3% - Industry AVG
Employees
with 255 employees, this is above the industry average (25)
- Equity Release Holdings (no. 5) Limited
25 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Equity Release Holdings (no. 5) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £157.5k, this is equally as efficient (£157.6k)
- Equity Release Holdings (no. 5) Limited
£157.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Equity Release Holdings (no. 5) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Equity Release Holdings (no. 5) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Equity Release Holdings (no. 5) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (24 weeks)
4 weeks - Equity Release Holdings (no. 5) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (63.6%)
100% - Equity Release Holdings (no. 5) Limited
63.6% - Industry AVG
EQUITY RELEASE HOLDINGS (NO. 5) LIMITED financials
Equity Release Holdings (No. 5) Limited's latest turnover from December 2022 is £40.2 million and the company has net assets of £35 thousand. According to their latest financial statements, we estimate that Equity Release Holdings (No. 5) Limited has 255 employees and maintains cash reserves of £37.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 40,161,000 | 42,703,000 | 20,710,000 | 31,445,000 | 32,367,000 | 32,881,000 | 31,898,000 | 0 | 65,683,000 | 29,129,000 | 24,746,000 | 24,203,000 | 24,288,000 | 23,748,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 22,004,000 | 22,891,000 | 23,591,000 | 23,796,000 | 24,293,000 | 24,480,000 | 24,473,000 | 24,506,000 | 23,011,000 | 23,187,000 | 22,600,000 | 22,036,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 4,000 | 3,000 | 2,000 |
| Tax | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 |
| Profit After Tax | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 3,000 | 2,000 | 1,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 3,000 | 2,000 | 1,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 390,958,000 | 500,063,000 | 515,411,000 | 484,721,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 390,958,000 | 500,063,000 | 515,411,000 | 484,721,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 390,958,000 | 500,063,000 | 515,411,000 | 484,721,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 120,000 | 0 | 0 | 0 | 52,000 | 101,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 314,000 | 128,000 | 0 | 300,000 | 142,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 747,000 | 551,000 | 793,000 | 11,000 |
| Cash | 37,629,000 | 37,398,000 | 40,886,000 | 41,100,000 | 37,906,000 | 43,443,000 | 42,465,000 | 42,612,000 | 42,169,000 | 40,452,000 | 39,348,000 | 6,699,000 | 4,647,000 | 5,063,000 |
| misc current assets | 0 | 0 | 0 | 29,022,000 | 512,776,000 | 511,151,000 | 493,018,000 | 604,354,000 | 591,751,000 | 501,271,000 | 535,823,000 | 517,751,000 | 466,687,000 | 449,883,000 |
| total current assets | 37,959,000 | 37,526,000 | 41,006,000 | 70,422,000 | 550,824,000 | 554,595,000 | 535,535,000 | 647,067,000 | 633,920,000 | 541,724,000 | 575,918,000 | 525,001,000 | 472,127,000 | 454,957,000 |
| total assets | 428,917,000 | 537,589,000 | 556,417,000 | 555,143,000 | 550,824,000 | 554,595,000 | 535,535,000 | 647,067,000 | 633,920,000 | 541,724,000 | 575,918,000 | 525,001,000 | 472,127,000 | 454,957,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,711,000 |
| other short term finances | 408,207,000 | 509,930,000 | 338,192,000 | 40,867,000 | 331,728,000 | 314,108,000 | 267,050,000 | 383,056,000 | 360,598,000 | 373,133,000 | 355,494,000 | 345,704,000 | 376,757,000 | 335,310,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,675,000 | 27,626,000 | 218,194,000 | 1,000 | 219,069,000 | 240,462,000 | 268,462,000 | 263,990,000 | 273,303,000 | 168,574,000 | 220,409,000 | 179,284,000 | 95,360,000 | 94,928,000 |
| total current liabilities | 428,882,000 | 537,556,000 | 556,386,000 | 40,868,000 | 550,797,000 | 554,570,000 | 535,512,000 | 647,046,000 | 633,901,000 | 541,707,000 | 575,903,000 | 524,988,000 | 472,117,000 | 454,949,000 |
| loans | 0 | 0 | 0 | 1,028,492,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 514,246,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 428,882,000 | 537,556,000 | 556,386,000 | 555,114,000 | 550,797,000 | 554,570,000 | 535,512,000 | 647,046,000 | 633,901,000 | 541,707,000 | 575,903,000 | 524,988,000 | 472,117,000 | 454,949,000 |
| net assets | 35,000 | 33,000 | 31,000 | 29,000 | 27,000 | 25,000 | 23,000 | 21,000 | 19,000 | 17,000 | 15,000 | 13,000 | 10,000 | 8,000 |
| total shareholders funds | 35,000 | 33,000 | 31,000 | 29,000 | 27,000 | 25,000 | 23,000 | 21,000 | 19,000 | 17,000 | 15,000 | 13,000 | 10,000 | 8,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 202,000 | 8,000 | -180,000 | 158,000 | 141,000 | -51,000 | -49,000 | 101,000 | -1,000 | -746,000 | 196,000 | -242,000 | 782,000 | 11,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -6,951,000 | -190,568,000 | 218,193,000 | -219,068,000 | -21,393,000 | -28,000,000 | 4,472,000 | -9,313,000 | 104,729,000 | -51,835,000 | 41,125,000 | 83,924,000 | 432,000 | 94,928,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -109,105,000 | -15,348,000 | 30,690,000 | 484,721,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,711,000 | 24,711,000 |
| Other Short Term Loans | -101,723,000 | 171,738,000 | 297,325,000 | -290,861,000 | 17,620,000 | 47,058,000 | -116,006,000 | 22,458,000 | -12,535,000 | 17,639,000 | 9,790,000 | -31,053,000 | 41,447,000 | 335,310,000 |
| Long term loans | 0 | 0 | -1,028,492,000 | 1,028,492,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | -22,004,000 | -22,891,000 | -23,591,000 | -23,796,000 | -24,293,000 | -24,480,000 | -24,473,000 | -24,506,000 | -23,011,000 | -23,187,000 | -22,600,000 | -22,036,000 |
| cash flow from financing | -101,723,000 | 171,738,000 | -753,171,000 | 714,740,000 | -5,971,000 | 23,262,000 | -140,299,000 | -2,022,000 | -37,008,000 | -6,867,000 | -13,221,000 | -54,240,000 | -5,864,000 | 337,992,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 231,000 | -3,488,000 | -214,000 | 3,194,000 | -5,537,000 | 978,000 | -147,000 | 443,000 | 1,717,000 | 1,104,000 | 32,649,000 | 2,052,000 | -416,000 | 5,063,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 231,000 | -3,488,000 | -214,000 | 3,194,000 | -5,537,000 | 978,000 | -147,000 | 443,000 | 1,717,000 | 1,104,000 | 32,649,000 | 2,052,000 | -416,000 | 5,063,000 |
equity release holdings (no. 5) limited Credit Report and Business Information
Equity Release Holdings (no. 5) Limited Competitor Analysis
Perform a competitor analysis for equity release holdings (no. 5) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
equity release holdings (no. 5) limited Ownership
EQUITY RELEASE HOLDINGS (NO. 5) LIMITED group structure
Equity Release Holdings (No. 5) Limited has 2 subsidiary companies.
Ultimate parent company
OCORIAN TRUSTEES (JERSEY) LTD
#0061940
1 parent
EQUITY RELEASE HOLDINGS (NO. 5) LIMITED
05492179
2 subsidiaries
equity release holdings (no. 5) limited directors
Equity Release Holdings (No. 5) Limited currently has 1 director, Mr Ioannis Kyriakopoulos serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ioannis Kyriakopoulos | United Kingdom | 50 years | Mar 2019 | - | Director |
P&L
December 2022turnover
40.2m
-6%
operating profit
42.3m
0%
gross margin
38.9%
+3.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
35k
+0.06%
total assets
428.9m
-0.2%
cash
37.6m
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
equity release holdings (no. 5) limited company details
company number
05492179
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2005
age
19
accounts
Group
ultimate parent company
previous names
trushelfco (no.3163) limited (July 2005)
incorporated
UK
address
third floor 1 king's arms yard, london, EC2R 7AF
last accounts submitted
December 2022
equity release holdings (no. 5) 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 equity release holdings (no. 5) limited.
equity release holdings (no. 5) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
