Pomanda estimates the enterprise value of ENABLE UK (MIDLANDS) LIMITED at £658.3k based on a Turnover of £2.1m and 0.31x industry multiple (adjusted for size and gross margin).
enable uk (midlands) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ENABLE UK (MIDLANDS) LIMITED at £0 based on an EBITDA of £-65k and a 3.25x industry multiple (adjusted for size and gross margin).
enable uk (midlands) limitedEstimated Valuation
£141.7k
Pomanda estimates the enterprise value of ENABLE UK (MIDLANDS) LIMITED at £141.7k based on Net Assets of £59k and 2.4x industry multiple (adjusted for liquidity).
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Enable Uk (midlands) LimitedOverview
Enable Uk (midlands) Limited is a dissolved company that was located in west midlands, B70 9QD with a Companies House number of 05826213. It operated in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in May 2006, it's largest shareholder was
ikhlaq ahmed
with a 50% stake. The last turnover for Enable Uk (midlands) Limited was estimated at £2.1m.
Pomanda's financial health check has awarded Enable Uk (Midlands) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £2.1m, make it larger than the average company (£340.5k)
£2.1m - Enable Uk (midlands) Limited
£340.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (2.8%)
64% - Enable Uk (midlands) Limited
2.8% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (40.7%)
19.8% - Enable Uk (midlands) Limited
40.7% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (7.4%)
-3.1% - Enable Uk (midlands) Limited
7.4% - Industry AVG
Employees
with 33 employees, this is above the industry average (11)
33 - Enable Uk (midlands) Limited
11 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)
£21.8k - Enable Uk (midlands) Limited
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £63.8k, this is more efficient (£37.7k)
£63.8k - Enable Uk (midlands) Limited
£37.7k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (17 days)
38 days - Enable Uk (midlands) Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (8 days)
54 days - Enable Uk (midlands) Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Enable Uk (midlands) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (213 weeks)
18 weeks - Enable Uk (midlands) Limited
213 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (13%)
81.1% - Enable Uk (midlands) Limited
13% - Industry AVG
ENABLE UK (MIDLANDS) LIMITED financials
EXPORT
Enable Uk (Midlands) Limited's latest turnover from April 2014 is estimated at £2.1 million and the company has net assets of £59 thousand. According to their latest financial statements, we estimate that Enable Uk (Midlands) Limited has 33 employees and maintains cash reserves of £88.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2014
Apr 2013
May 2012
May 2011
May 2010
Turnover
2,106,108
1,098,489
827,823
478,450
273,324
Other Income Or Grants
Cost Of Sales
1,688,792
846,224
681,363
3,639
7,636
Gross Profit
417,316
252,266
146,460
474,811
265,688
Admin Expenses
483,122
217,921
113,798
392,942
265,846
Operating Profit
-65,806
34,345
32,662
81,869
-158
Interest Payable
Interest Receivable
277
124
102
Pre-Tax Profit
-65,529
34,469
32,764
81,869
-158
Tax
-7,928
-7,863
-17,173
Profit After Tax
-65,529
26,541
24,901
64,696
-158
Dividends Paid
Retained Profit
-65,529
26,541
24,901
64,696
-158
Employee Costs
718,713
393,419
300,798
169,652
105,581
Number Of Employees
33
18
14
8
5
EBITDA*
-65,011
35,034
33,058
82,266
239
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2014
Apr 2013
May 2012
May 2011
May 2010
Tangible Assets
1,300
1,565
794
1,190
1,587
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,300
1,565
794
1,190
1,587
Stock & work in progress
Trade Debtors
221,281
155,271
108,481
109,375
36,792
Group Debtors
Misc Debtors
24,142
Cash
88,739
21,937
27,598
13,317
24,691
misc current assets
total current assets
310,020
177,208
136,079
146,834
61,483
total assets
311,320
178,773
136,873
148,024
63,070
Bank overdraft
Bank loan
Trade Creditors
252,336
54,359
39,000
49,730
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
5,066
total current liabilities
252,336
54,359
39,000
54,796
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
75,052
provisions
total long term liabilities
75,052
total liabilities
252,336
54,359
39,000
75,052
54,796
net assets
58,984
124,414
97,873
72,972
8,274
total shareholders funds
58,984
124,414
97,873
72,972
8,274
Apr 2014
Apr 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-65,806
34,345
32,662
81,869
-158
Depreciation
795
689
396
397
397
Amortisation
Tax
-7,928
-7,863
-17,173
Stock
Debtors
66,010
46,790
-25,036
96,725
36,792
Creditors
197,977
15,359
39,000
-49,730
49,730
Accruals and Deferred Income
-5,066
5,066
Deferred Taxes & Provisions
Cash flow from operations
66,956
-4,325
89,231
-86,428
18,243
Investing Activities
capital expenditure
-530
-1,460
-1,984
Change in Investments
cash flow from investments
-530
-1,460
-1,984
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-75,052
75,052
share issue
99
2
8,432
interest
277
124
102
cash flow from financing
376
124
-74,950
75,054
8,432
cash and cash equivalents
cash
66,802
-5,661
14,281
-11,374
24,691
overdraft
change in cash
66,802
-5,661
14,281
-11,374
24,691
enable uk (midlands) 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 enable uk (midlands) limited. Get real-time insights into enable uk (midlands) limited's credit score, group structure and payment trends.
Perform a competitor analysis for enable uk (midlands) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in B70 area or any other competitors across 12 key performance metrics.
enable uk (midlands) limited Ownership
ENABLE UK (MIDLANDS) LIMITED group structure
Enable Uk (Midlands) Limited has no subsidiary companies.
Ultimate parent company
ENABLE UK (MIDLANDS) LIMITED
05826213
ENABLE UK (MIDLANDS) LIMITED Shareholders
The largest shareholders in Enable Uk (Midlands) Limited include Ikhlaq Ahmed and Amjad Mahmood.
ikhlaq ahmed
50%
amjad mahmood
50%
enable uk (midlands) limited directors
Enable Uk (Midlands) Limited currently has 1 director, Mr Amjad Mahmood serving since Apr 2013.
88990 - Other social work activities without accommodation n.e.c.
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Small
last accounts submitted
April 2014
previous names
horizons homecare services limited (April 2013)
emaan home care services limited (August 2011)
See more
accountant
-
auditor
-
address
jensen house shaftsbury street, west bromwich, west midlands, B70 9QD
Bank
-
Legal Advisor
-
enable uk (midlands) 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 enable uk (midlands) limited.
enable uk (midlands) 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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enable uk (midlands) limitedCompanies House Filings - See Documents
