erwood & associates limited Company Information
Company Number
05811532
Next Accounts
Dec 2025
Directors
Shareholders
christine margaret erwood
leslie victor erwood
View AllGroup Structure
View All
Industry
Tax consultancy
Registered Address
torwood house orchard hill, bideford, devon, EX39 2QY
Website
www.erwoodtax.co.ukerwood & associates limited Estimated Valuation
Pomanda estimates the enterprise value of ERWOOD & ASSOCIATES LIMITED at £110.7k based on a Turnover of £160.7k and 0.69x industry multiple (adjusted for size and gross margin).
erwood & associates limited Estimated Valuation
Pomanda estimates the enterprise value of ERWOOD & ASSOCIATES LIMITED at £0 based on an EBITDA of £-9.3k and a 4.71x industry multiple (adjusted for size and gross margin).
erwood & associates limited Estimated Valuation
Pomanda estimates the enterprise value of ERWOOD & ASSOCIATES LIMITED at £401.9k based on Net Assets of £96k and 4.19x industry multiple (adjusted for liquidity).
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Erwood & Associates Limited Overview
Erwood & Associates Limited is a live company located in devon, EX39 2QY with a Companies House number of 05811532. It operates in the tax consultancy sector, SIC Code 69203. Founded in May 2006, it's largest shareholder is christine margaret erwood with a 68% stake. Erwood & Associates Limited is a established, micro sized company, Pomanda has estimated its turnover at £160.7k with healthy growth in recent years.
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Erwood & Associates Limited Health Check
Pomanda's financial health check has awarded Erwood & Associates Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs


2 Strong

2 Regular

6 Weak

Size
annual sales of £160.7k, make it smaller than the average company (£212k)
- Erwood & Associates Limited
£212k - Industry AVG

Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.2%)
- Erwood & Associates Limited
8.2% - Industry AVG

Production
with a gross margin of 46.7%, this company has a higher cost of product (80.3%)
- Erwood & Associates Limited
80.3% - Industry AVG

Profitability
an operating margin of -5.8% make it less profitable than the average company (6.2%)
- Erwood & Associates Limited
6.2% - Industry AVG

Employees
with 2 employees, this is below the industry average (4)
2 - Erwood & Associates Limited
4 - Industry AVG

Pay Structure
on an average salary of £50.9k, the company has an equivalent pay structure (£50.9k)
- Erwood & Associates Limited
£50.9k - Industry AVG

Efficiency
resulting in sales per employee of £80.4k, this is equally as efficient (£87.7k)
- Erwood & Associates Limited
£87.7k - Industry AVG

Debtor Days
it gets paid by customers after 263 days, this is later than average (108 days)
- Erwood & Associates Limited
108 days - Industry AVG

Creditor Days
its suppliers are paid after 88 days, this is slower than average (33 days)
- Erwood & Associates Limited
33 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Erwood & Associates Limited
- - Industry AVG

Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Erwood & Associates Limited
- - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (54.9%)
20% - Erwood & Associates Limited
54.9% - Industry AVG
ERWOOD & ASSOCIATES LIMITED financials

Erwood & Associates Limited's latest turnover from March 2024 is estimated at £160.7 thousand and the company has net assets of £96 thousand. According to their latest financial statements, Erwood & Associates Limited has 2 employees and maintains cash reserves of 0 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 | 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 | 1,157 | 1,278 | 938 | 931 | 1,240 | 1,127 | 1,501 | 1,204 | 3,493 | 4,656 | 7,377 | 5,459 | 6,906 | 1,689 | 3,620 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,157 | 1,278 | 938 | 931 | 1,240 | 1,127 | 1,501 | 1,204 | 3,493 | 4,656 | 7,377 | 5,459 | 6,906 | 1,689 | 3,620 |
Stock & work in progress | |||||||||||||||
Trade Debtors | 115,960 | 133,988 | 120,692 | 126,723 | 87,678 | 105,371 | 100,300 | 93,171 | 51,198 | 122,868 | 79,371 | 75,371 | 98,743 | 74,479 | 57,832 |
Group Debtors | |||||||||||||||
Misc Debtors | 2,856 | 2,803 | 3,070 | 1,346 | 15,028 | ||||||||||
Cash | 78,958 | 108,504 | 144,740 | 140,220 | 79,415 | 63,967 | 64,655 | ||||||||
misc current assets | 3,646 | 8,150 | 8,278 | ||||||||||||
total current assets | 118,816 | 136,791 | 123,762 | 128,069 | 102,706 | 109,017 | 108,450 | 101,449 | 130,156 | 231,372 | 224,111 | 215,591 | 178,158 | 138,446 | 122,487 |
total assets | 119,973 | 138,069 | 124,700 | 129,000 | 103,946 | 110,144 | 109,951 | 102,653 | 133,649 | 236,028 | 231,488 | 221,050 | 185,064 | 140,135 | 126,107 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 20,869 | 29,741 | 25,019 | 25,051 | 21,610 | 25,534 | 20,557 | 28,271 | 7,126 | 27,861 | 23,417 | 24,223 | 33,816 | 15,048 | 26,009 |
Group/Directors Accounts | 468 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | |||||||||||||||
total current liabilities | 20,869 | 29,741 | 25,019 | 25,051 | 21,610 | 25,534 | 21,025 | 28,271 | 7,126 | 27,861 | 23,417 | 24,223 | 33,816 | 15,048 | 26,009 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | 3,079 | 2,994 | 3,394 | 2,963 | 2,745 | 1,851 | 1,210 | 1,220 | |||||||
other liabilities | |||||||||||||||
provisions | 699 | 548 | 1,009 | 524 | 688 | ||||||||||
total long term liabilities | 3,079 | 2,994 | 3,394 | 2,963 | 2,745 | 1,851 | 1,210 | 1,220 | 699 | 548 | 1,009 | 524 | 688 | ||
total liabilities | 23,948 | 32,735 | 28,413 | 28,014 | 24,355 | 27,385 | 22,235 | 29,491 | 7,825 | 28,409 | 24,426 | 24,747 | 34,504 | 15,048 | 26,009 |
net assets | 96,025 | 105,334 | 96,287 | 100,986 | 79,591 | 82,759 | 87,716 | 73,162 | 125,824 | 207,619 | 207,062 | 196,303 | 150,560 | 125,087 | 100,098 |
total shareholders funds | 96,025 | 105,334 | 96,287 | 100,986 | 79,591 | 82,759 | 87,716 | 73,162 | 125,824 | 207,619 | 207,062 | 196,303 | 150,560 | 125,087 | 100,098 |
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 | 1,163 | 3,150 | 3,086 | 2,032 | 1,364 | 1,929 | 5,343 | ||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -17,975 | 13,029 | -4,307 | 25,363 | -2,665 | 5,071 | 7,129 | 41,973 | -71,670 | 43,497 | 4,000 | -23,372 | 24,264 | 16,647 | 57,832 |
Creditors | -8,872 | 4,722 | -32 | 3,441 | -3,924 | 4,977 | -7,714 | 21,145 | -20,735 | 4,444 | -806 | -9,593 | 18,768 | -10,961 | 26,009 |
Accruals and Deferred Income | 85 | -400 | 431 | 218 | 894 | 641 | -10 | 1,220 | |||||||
Deferred Taxes & Provisions | -699 | 151 | -461 | 485 | -164 | 688 | |||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -468 | 468 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -78,958 | -29,546 | -36,236 | 4,520 | 60,805 | 15,448 | -688 | 64,655 | |||||||
overdraft | |||||||||||||||
change in cash | -78,958 | -29,546 | -36,236 | 4,520 | 60,805 | 15,448 | -688 | 64,655 |
erwood & associates limited Credit Report and Business Information
Erwood & Associates Limited Competitor Analysis

Perform a competitor analysis for erwood & associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EX39 area or any other competitors across 12 key performance metrics.
erwood & associates limited Ownership
ERWOOD & ASSOCIATES LIMITED group structure
Erwood & Associates Limited has no subsidiary companies.
Ultimate parent company
ERWOOD & ASSOCIATES LIMITED
05811532
erwood & associates limited directors
Erwood & Associates Limited currently has 1 director, Mrs Christine Erwood serving since May 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Christine Erwood | United Kingdom | 68 years | May 2006 | - | Director |
P&L
March 2024turnover
160.7k
-17%
operating profit
-9.3k
0%
gross margin
46.7%
+14.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
96k
-0.09%
total assets
120k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
erwood & associates limited company details
company number
05811532
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
torwood house orchard hill, bideford, devon, EX39 2QY
Bank
-
Legal Advisor
-
erwood & associates 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 erwood & associates limited.
erwood & associates 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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erwood & associates limited Companies House Filings - See Documents
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