elite excavations ltd
elite excavations ltd Company Information
Company Number
05811305
Next Accounts
Dec 2025
Shareholders
michael james cooper
Group Structure
View All
Industry
Renting and leasing of agricultural machinery and equipment
Registered Address
tylde hall farm, outwood common road, billericay, essex, CM11 1HP
Website
www.elitexcavations.co.ukelite excavations ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE EXCAVATIONS LTD at £48.7k based on a Turnover of £70.7k and 0.69x industry multiple (adjusted for size and gross margin).
elite excavations ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE EXCAVATIONS LTD at £22.8k based on an EBITDA of £8.4k and a 2.7x industry multiple (adjusted for size and gross margin).
elite excavations ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE EXCAVATIONS LTD at £0 based on Net Assets of £-15.1k and 3.1x industry multiple (adjusted for liquidity).
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Elite Excavations Ltd Overview
Elite Excavations Ltd is a live company located in billericay, CM11 1HP with a Companies House number of 05811305. It operates in the renting and leasing of agricultural machinery and equipment sector, SIC Code 77310. Founded in May 2006, it's largest shareholder is michael james cooper with a 100% stake. Elite Excavations Ltd is a established, micro sized company, Pomanda has estimated its turnover at £70.7k with declining growth in recent years.
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Elite Excavations Ltd Health Check
Pomanda's financial health check has awarded Elite Excavations Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £70.7k, make it smaller than the average company (£12.7m)
- Elite Excavations Ltd
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (12.6%)
- Elite Excavations Ltd
12.6% - Industry AVG
Production
with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)
- Elite Excavations Ltd
27.9% - Industry AVG
Profitability
an operating margin of 11.9% make it as profitable than the average company (11.5%)
- Elite Excavations Ltd
11.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Elite Excavations Ltd
37 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)
- Elite Excavations Ltd
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £70.7k, this is less efficient (£266.8k)
- Elite Excavations Ltd
£266.8k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (57 days)
- Elite Excavations Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (48 days)
- Elite Excavations Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 273 days, this is more than average (25 days)
- Elite Excavations Ltd
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Elite Excavations Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 136.3%, this is a higher level of debt than the average (49.8%)
136.3% - Elite Excavations Ltd
49.8% - Industry AVG
ELITE EXCAVATIONS LTD financials
Elite Excavations Ltd's latest turnover from March 2024 is estimated at £70.7 thousand and the company has net assets of -£15.1 thousand. According to their latest financial statements, we estimate that Elite Excavations Ltd has 1 employee and maintains cash reserves of £38 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 132 | 176 | 235 | 314 | 419 | 560 | 747 | 996 | 1,328 | 1,771 | 2,362 | 13,455 | 5,930 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 132 | 176 | 235 | 314 | 419 | 560 | 747 | 996 | 1,328 | 1,771 | 2,362 | 13,455 | 5,930 | ||
| Stock & work in progress | 38,165 | 5,000 | 150 | ||||||||||||
| Trade Debtors | 2,550 | 6,125 | 400 | 401 | 200 | 1,779 | 13,550 | 240 | 1,898 | ||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 604 | 1,000 | 2,141 | ||||||||||||
| Cash | 38 | 13,650 | 1,259 | 27 | 23 | 26 | 1 | 417 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 41,357 | 24,775 | 400 | 401 | 1,459 | 1,027 | 1,802 | 13,576 | 2,142 | 657 | 2,048 | ||||
| total assets | 41,489 | 24,951 | 635 | 715 | 419 | 560 | 747 | 2,455 | 2,355 | 3,573 | 15,938 | 15,597 | 6,587 | 2,048 | |
| Bank overdraft | 6 | 8 | 128 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 5,059 | 33,848 | 21,951 | 1,200 | 1,200 | 6,626 | 8,722 | 7,970 | 3,081 | 22,662 | 17,804 | ||||
| Group/Directors Accounts | 638 | 1,579 | 5,213 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 4,387 | ||||||||||||||
| other current liabilities | 51,472 | 46,590 | 6,873 | 6,043 | 7,802 | 12,582 | 4,224 | ||||||||
| total current liabilities | 56,531 | 46,590 | 33,848 | 21,951 | 6,879 | 7,251 | 9,130 | 12,582 | 8,611 | 7,264 | 10,301 | 7,970 | 8,294 | 22,662 | 17,804 |
| loans | |||||||||||||||
| hp & lease commitments | 3,570 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 6,624 | 7,837 | 9,278 | ||||||||||||
| provisions | 25 | ||||||||||||||
| total long term liabilities | 25 | 3,570 | 6,624 | 7,837 | 9,278 | ||||||||||
| total liabilities | 56,556 | 46,590 | 33,848 | 21,951 | 6,879 | 7,251 | 9,130 | 12,582 | 12,181 | 13,888 | 18,138 | 17,248 | 8,294 | 22,662 | 17,804 |
| net assets | -15,067 | -21,639 | -33,213 | -21,236 | -6,460 | -6,691 | -8,383 | -10,127 | -9,826 | -10,315 | -2,200 | -1,651 | -1,707 | -22,662 | -15,756 |
| total shareholders funds | -15,067 | -21,639 | -33,213 | -21,236 | -6,460 | -6,691 | -8,383 | -10,127 | -9,826 | -10,315 | -2,200 | -1,651 | -1,707 | -22,662 | -15,756 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 44 | 59 | 105 | 141 | 187 | 249 | 332 | 443 | 591 | 788 | 3,428 | 1,977 | |||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 33,165 | 5,000 | -150 | 150 | |||||||||||
| Debtors | -2,971 | 5,725 | -1 | 401 | -200 | -800 | -779 | -11,771 | 11,409 | 1,901 | 240 | -1,898 | 1,898 | ||
| Creditors | 5,059 | -33,848 | 11,897 | 21,951 | -1,200 | 1,200 | -6,626 | -2,096 | 752 | 4,889 | -19,581 | 4,858 | 17,804 | ||
| Accruals and Deferred Income | 4,882 | 46,590 | -6,873 | 830 | -1,759 | -4,780 | 8,358 | 4,224 | |||||||
| Deferred Taxes & Provisions | 25 | ||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -638 | -941 | 1,579 | -5,213 | 5,213 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -7,957 | 7,957 | |||||||||||||
| other long term liabilities | -6,624 | -1,213 | -1,441 | 9,278 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -13,612 | 13,650 | -1,259 | 1,232 | 4 | -3 | 25 | -416 | 417 | ||||||
| overdraft | -6 | -2 | -120 | 128 | |||||||||||
| change in cash | -13,612 | 13,650 | 6 | 2 | 120 | -1,387 | 1,232 | 4 | -3 | 25 | -416 | 417 |
elite excavations ltd Credit Report and Business Information
Elite Excavations Ltd Competitor Analysis
Perform a competitor analysis for elite excavations ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CM11 area or any other competitors across 12 key performance metrics.
elite excavations ltd Ownership
ELITE EXCAVATIONS LTD group structure
Elite Excavations Ltd has no subsidiary companies.
Ultimate parent company
ELITE EXCAVATIONS LTD
05811305
elite excavations ltd directors
Elite Excavations Ltd currently has 2 directors. The longest serving directors include Mr Michael Cooper (May 2006) and Mrs Rita Cooper (Feb 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Cooper | England | 44 years | May 2006 | - | Director |
| Mrs Rita Cooper | 83 years | Feb 2009 | - | Director |
P&L
March 2024turnover
70.7k
+48%
operating profit
8.4k
0%
gross margin
27.9%
+6.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-15.1k
-0.3%
total assets
41.5k
+0.66%
cash
38
-1%
net assets
Total assets minus all liabilities
Similar Companies
elite excavations ltd company details
company number
05811305
Type
Private limited with Share Capital
industry
77310 - Renting and leasing of agricultural machinery and equipment
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
elite excevations ltd (June 2015)
norsey plant hire limited (June 2015)
accountant
MITCHELLS
auditor
-
address
tylde hall farm, outwood common road, billericay, essex, CM11 1HP
Bank
-
Legal Advisor
-
elite excavations ltd 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 elite excavations ltd.
elite excavations ltd 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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elite excavations ltd Companies House Filings - See Documents
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