errico's student support services ltd

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errico's student support services ltd Company Information

Share ERRICO'S STUDENT SUPPORT SERVICES LTD

Company Number

05871268

Directors

Yvonne Errico

Shareholders

yvonne errico

Group Structure

View All

Industry

Educational support activities

 

Registered Address

1 mychell house pincott road, wimbledon, london, SW19 2NN

errico's student support services ltd Estimated Valuation

£14.6k

Pomanda estimates the enterprise value of ERRICO'S STUDENT SUPPORT SERVICES LTD at £14.6k based on a Turnover of £31.7k and 0.46x industry multiple (adjusted for size and gross margin).

errico's student support services ltd Estimated Valuation

£32.1k

Pomanda estimates the enterprise value of ERRICO'S STUDENT SUPPORT SERVICES LTD at £32.1k based on an EBITDA of £10.7k and a 3.01x industry multiple (adjusted for size and gross margin).

errico's student support services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ERRICO'S STUDENT SUPPORT SERVICES LTD at £0 based on Net Assets of £-16.7k and 2.43x industry multiple (adjusted for liquidity).

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Errico's Student Support Services Ltd Overview

Errico's Student Support Services Ltd is a live company located in london, SW19 2NN with a Companies House number of 05871268. It operates in the educational support services sector, SIC Code 85600. Founded in July 2006, it's largest shareholder is yvonne errico with a 100% stake. Errico's Student Support Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £31.7k with declining growth in recent years.

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Errico's Student Support Services Ltd Health Check

Pomanda's financial health check has awarded Errico'S Student Support Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £31.7k, make it smaller than the average company (£384.3k)

£31.7k - Errico's Student Support Services Ltd

£384.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (8.7%)

-13% - Errico's Student Support Services Ltd

8.7% - Industry AVG

production

Production

with a gross margin of 30%, this company has a higher cost of product (71.4%)

30% - Errico's Student Support Services Ltd

71.4% - Industry AVG

profitability

Profitability

an operating margin of 33.7% make it more profitable than the average company (4.4%)

33.7% - Errico's Student Support Services Ltd

4.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (10)

1 - Errico's Student Support Services Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)

£28.9k - Errico's Student Support Services Ltd

£28.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £31.7k, this is less efficient (£53.4k)

£31.7k - Errico's Student Support Services Ltd

£53.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is later than average (21 days)

46 days - Errico's Student Support Services Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 331 days, this is slower than average (20 days)

331 days - Errico's Student Support Services Ltd

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Errico's Student Support Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Errico's Student Support Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 442.4%, this is a higher level of debt than the average (34%)

442.4% - Errico's Student Support Services Ltd

34% - Industry AVG

ERRICO'S STUDENT SUPPORT SERVICES LTD financials

EXPORTms excel logo

Errico'S Student Support Services Ltd's latest turnover from July 2024 is estimated at £31.7 thousand and the company has net assets of -£16.7 thousand. According to their latest financial statements, Errico'S Student Support Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jun 2011Jun 2010
Turnover31,66521,61829,98248,00567,68319,35049,46944,00421,33734,44258,87016,089162,190233,73864,463
Other Income Or Grants
Cost Of Sales22,17815,69822,60037,80755,56114,90736,05931,18316,05027,72846,58512,148116,833167,73740,421
Gross Profit9,4875,9207,38310,19812,1224,44213,41012,8225,2876,71412,2853,94145,35766,00124,043
Admin Expenses-1,1844,38011,3178,18131,607-16,53617,02120,92215,6186,33820,329-26,27417,66775,56950,356
Operating Profit10,6711,540-3,9342,017-19,48520,978-3,611-8,100-10,331376-8,04430,21527,690-9,568-26,313
Interest Payable
Interest Receivable127272765978225
Pre-Tax Profit10,6711,540-3,9342,017-19,48520,978-3,611-8,099-10,304403-8,01730,28127,787-9,486-26,288
Tax-2,668-385-383-3,986-80-6,965-6,669
Profit After Tax8,0031,155-3,9341,634-19,48516,992-3,611-8,099-10,304322-8,01723,31621,118-9,486-26,288
Dividends Paid
Retained Profit8,0031,155-3,9341,634-19,48516,992-3,611-8,099-10,304322-8,01723,31621,118-9,486-26,288
Employee Costs28,90326,42827,81025,81125,79026,43950,73825,57125,77126,76927,35626,70952,18674,22625,860
Number Of Employees111111211111231
EBITDA*10,6711,540-3,9342,017-19,48520,978-3,611-8,100-10,331376-8,04430,21527,910-8,692-26,028

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jun 2011Jun 2010
Tangible Assets2,059387
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,059387
Stock & work in progress
Trade Debtors4,04022,3139,65716,3942485,3508,3022,0204,19910,1222,77424,02434,8448,158
Group Debtors
Misc Debtors8331,1013,54211,733
Cash9929,81684610,14815,93222,6849,987
misc current assets
total current assets4,8731,1032,31313,19916,39411,9815,3508,3023,01214,01510,96812,92239,95657,52818,145
total assets4,8731,1032,31313,19916,39411,9815,3508,3023,01214,01510,96812,92239,95659,58718,532
Bank overdraft
Bank loan
Trade Creditors 20,11224,47626,72134,07938,90814,15626,39925,74012,25112,95010,2254,16254,51295,26144,720
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities20,11224,47626,72134,07938,90814,15626,39925,74012,25112,95010,2254,16254,51295,26144,720
loans
hp & lease commitments
Accruals and Deferred Income1,4451,3141,4341,0281,0281,882
other liabilities
provisions
total long term liabilities1,4451,3141,4341,0281,0281,882
total liabilities21,55725,79028,15535,10739,93616,03826,39925,74012,25112,95010,2254,16254,51295,26144,720
net assets-16,684-24,687-25,842-21,908-23,542-4,057-21,049-17,438-9,2391,0657438,760-14,556-35,674-26,188
total shareholders funds-16,684-24,687-25,842-21,908-23,542-4,057-21,049-17,438-9,2391,0657438,760-14,556-35,674-26,188
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit10,6711,540-3,9342,017-19,48520,978-3,611-8,100-10,331376-8,04430,21527,690-9,568-26,313
Depreciation220876285
Amortisation
Tax-2,668-385-383-3,986-80-6,965-6,669
Stock
Debtors3,770-1,210-10,886-3,1954,4136,631-2,9526,282-2,179-5,9237,348-21,250-10,82026,6868,158
Creditors-4,364-2,245-7,358-4,82924,752-12,24365913,489-6992,7256,063-50,350-40,74950,54144,720
Accruals and Deferred Income131-120406-8541,882
Deferred Taxes & Provisions
Cash flow from operations-893-8,8518,944-9,329-5,850-8,68815,16310,534
Investing Activities
capital expenditure1,839-2,548-672
Change in Investments
cash flow from investments1,839-2,548-672
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest127272765978225
cash flow from financing-99272727659782125
cash and cash equivalents
cash-992-8,8248,970-9,302-5,784-6,75212,6979,987
overdraft
change in cash-992-8,8248,970-9,302-5,784-6,75212,6979,987

errico's student support services ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Errico's Student Support Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for errico's student support services ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SW19 area or any other competitors across 12 key performance metrics.

errico's student support services ltd Ownership

ERRICO'S STUDENT SUPPORT SERVICES LTD group structure

Errico'S Student Support Services Ltd has no subsidiary companies.

Ultimate parent company

ERRICO'S STUDENT SUPPORT SERVICES LTD

05871268

ERRICO'S STUDENT SUPPORT SERVICES LTD Shareholders

yvonne errico 100%

errico's student support services ltd directors

Errico'S Student Support Services Ltd currently has 1 director, Mrs Yvonne Errico serving since Jul 2006.

officercountryagestartendrole
Mrs Yvonne ErricoEngland69 years Jul 2006- Director

P&L

July 2024

turnover

31.7k

+46%

operating profit

10.7k

0%

gross margin

30%

+9.41%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

-16.7k

-0.32%

total assets

4.9k

+3.42%

cash

0

0%

net assets

Total assets minus all liabilities

errico's student support services ltd company details

company number

05871268

Type

Private limited with Share Capital

industry

85600 - Educational support activities

incorporation date

July 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

1 mychell house pincott road, wimbledon, london, SW19 2NN

Bank

-

Legal Advisor

-

errico's student support services 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 errico's student support services ltd.

errico's student support services 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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errico's student support services ltd Companies House Filings - See Documents

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