enrc finance limited

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enrc finance limited Company Information

Share ENRC FINANCE LIMITED

Company Number

06050675

Shareholders

eurasian natural resources corporation limited

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

13th floor one angel court, london, EC2R 7HJ

enrc finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ENRC FINANCE LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).

enrc finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ENRC FINANCE LIMITED at £0 based on an EBITDA of £0 and a 4.38x industry multiple (adjusted for size and gross margin).

enrc finance limited Estimated Valuation

£4b

Pomanda estimates the enterprise value of ENRC FINANCE LIMITED at £4b based on Net Assets of £3b and 1.31x industry multiple (adjusted for liquidity).

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Enrc Finance Limited Overview

Enrc Finance Limited is a live company located in london, EC2R 7HJ with a Companies House number of 06050675. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2007, it's largest shareholder is eurasian natural resources corporation limited with a 100% stake. Enrc Finance Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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Enrc Finance Limited Health Check

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Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Enrc Finance Limited

- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (10.5%)

- - Enrc Finance Limited

- - Industry AVG

production

Production

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (104)

- - Enrc Finance Limited

- - Industry AVG

paystructure

Pay Structure

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efficiency

Efficiency

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debtordays

Debtor Days

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creditordays

Creditor Days

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stockdays

Stock Days

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cashbalance

Cash Balance

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Debt Level

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ENRC FINANCE LIMITED financials

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Enrc Finance Limited's latest turnover from December 2023 is 0 and the company has net assets of £3 billion. According to their latest financial statements, we estimate that Enrc Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover117,813,3843,924,959,6953,570,277,004
Other Income Or Grants
Cost Of Sales76,681,5912,279,788,9492,194,782,354
Gross Profit41,131,7931,645,170,7461,375,494,650
Admin Expenses501,339,9471,000,293,126812,692,36442,502,953-347,198,337-1,343,801,412963,407,212269,550,0891,328,862,71842,737,074-624,063,86113,268,490-443,717,869
Operating Profit-460,208,154644,877,620562,802,286-42,502,953347,198,3371,343,801,412-963,407,212-269,550,089-1,328,862,718-42,737,074624,063,861-13,268,490443,717,869
Interest Payable767,342785,423644,144,804447,750,256224,872,749336,356,142362,408,816379,481,608208,412,856169,806,485106,821,03089,605,73552,258,53050,487,586
Interest Receivable13,044,812767,341785,422260,149,49492,334,75068,373,471166,529,266182,368,461167,623,777154,210,245126,874,27965,644,20850,444,70942,647,76526,281,208
Pre-Tax Profit-669,889,503-3,488,336,403-828,620,798260,882,310207,386,780-51,659,956274,525,9691,068,601,583-979,357,442-287,044,813-1,339,228,502-50,128,305459,976,105-11,412,782320,907,393
Tax-196,394,548-156,089,697-1,201,345-1,383,222
Profit After Tax-669,889,503-3,488,336,403-828,620,79864,487,76251,297,083-51,659,956274,525,9691,068,601,583-979,357,442-287,044,813-1,339,228,502-50,128,305459,976,105-12,614,128319,524,172
Dividends Paid3,444,597,913117,813,384829,682,729484,127,533
Retained Profit-669,889,503-6,932,934,316-946,434,18273,281,54896,731,643-51,659,956274,525,9691,068,601,583-979,357,442-287,044,813-1,339,228,502-50,128,305-369,706,624-12,614,128-164,603,361
Employee Costs605,305,584655,137,03633,24832,94733,02233,117
Number Of Employees1173325,91923,082111111111
EBITDA*-460,208,1541,209,878,3521,013,483,804-42,502,953347,198,3371,343,801,412-963,407,212-269,550,089-1,328,862,718-42,737,074624,063,861-13,268,490443,717,869

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,613,219,9918,192,144,218
Intangible Assets100,395,720108,456,691776,036763,417640,779596,766663,746600,673691,611
Investments & Other2,663,443,8313,686,310,6217,480,364,43685,006,59552,762,7146,316,189,3206,854,080,7916,451,963,3715,092,348,2856,347,049,3935,344,098,4241,491,913,8281,659,365,4591,501,681,8841,771,215,161
Debtors (Due After 1 year)380,601,59632,228,360122,380,184114,319,214450,505,20359,546,530137,126,74697,272,78146,462,232261,428,867
Total Fixed Assets3,044,045,4273,718,538,9817,480,364,4367,671,112,4138,280,082,0756,766,694,5236,854,080,7916,451,963,3715,093,124,3216,407,359,3405,481,865,9491,589,783,3741,706,491,4381,502,282,5562,033,335,639
Stock & work in progress712,296,643715,960,721
Trade Debtors361,278,030260,882,31041,446,4209,682,551
Group Debtors77,489,933417,971,9701,517,926,4311,943,194,1641,547,446,369992,566,9612,012,293,3691,648,745,5191,031,955,790842,381,907
Misc Debtors4,604,051329,034,149288,729,297186,466,743137,256,07289,605,734
Cash487,322,292345,888,90531,817,4768,536,396180,929,8428,970,90999,659,84443,143,502524,387,31426,281,209
misc current assets8,951,4837,301,20813,815,4739,682,551
total current assets4,604,0521,889,931,1151,611,461,23477,489,934417,971,9701,549,743,9081,951,730,5601,728,376,2121,188,004,6142,258,160,7691,788,795,9641,611,604,998888,028,218
total assets3,048,649,4783,718,538,9817,480,364,4369,561,043,5289,891,543,3096,844,184,4567,272,052,7628,001,707,2797,044,854,8818,135,735,5526,669,870,5633,847,944,1433,495,287,4023,113,887,5542,921,363,856
Bank overdraft111
Bank loan138,910,445105,351,553186,466,74315,515,90336,506,0402,402,691
Trade Creditors 360,545,215380,331,233
Group/Directors Accounts3,651,143,3563,752,679,3084,955,765,9485,048,890,2694,977,479,1973,536,460,3363,307,871,3372,984,866,5872,436,328,6882,204,163,497
other short term finances490,253,554427,964,238596,765
hp & lease commitments
other current liabilities650,740,142333,431,0411,526,834347,302,319204,093,811142,041,68382,892,83949,104,364
total current liabilities1,501,538,9131,141,726,5133,651,143,3563,752,679,3084,955,765,9485,187,800,7145,084,357,5854,070,229,3993,528,077,8183,163,414,3102,521,624,2192,253,267,861
loans12,566,76011,305,877,18011,810,054,228134,467,826136,850,783120,285,581261,088,632124,723,99561,064,64819,822,200
hp & lease commitments
Accruals and Deferred Income11,935,31014,602,416
other liabilities57,892,422178,074,160
provisions1,955,151,6922,089,989,739
total long term liabilities12,566,7616,688,406,8597,128,096,145134,467,826136,850,783120,285,581261,088,633136,659,30775,667,06519,822,201
total liabilities12,566,7618,189,945,7728,269,822,6583,785,611,1833,889,530,0915,076,051,5295,187,800,7145,345,446,2174,070,229,3993,664,737,1253,239,081,3752,541,446,4202,253,267,861
net assets3,048,649,4783,718,538,9817,467,797,6751,290,488,0551,519,859,3003,058,573,2743,382,522,6712,925,655,7501,857,054,1672,790,289,3352,599,641,164183,207,018256,206,027572,441,134668,095,996
total shareholders funds3,048,649,4783,718,538,9817,467,797,6751,290,488,0551,519,859,2993,058,573,2743,382,522,6712,925,655,7501,857,054,1672,790,289,3352,599,641,164183,207,018256,206,027572,441,134668,095,996
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-460,208,154644,877,620562,802,286-42,502,953347,198,3371,343,801,412-963,407,212-269,550,089-1,328,862,718-42,737,074624,063,861-13,268,490443,717,869
Depreciation550,344,423434,559,578
Amortisation14,656,30916,121,940
Tax-196,394,548-156,089,697-1,201,345-1,383,222
Stock-712,296,643-3,664,078715,960,721
Debtors352,977,28732,228,360-812,692,363148,761,542135,935,685110,023,166-1,099,954,461-425,267,733336,201,265290,832,449-930,661,773462,008,737711,411,276-40,091,1151,113,493,325
Creditors-360,545,215-19,786,018380,331,233
Accruals and Deferred Income-650,740,142317,309,101333,431,041-1,526,834-345,775,485131,273,19859,385,02273,751,26033,788,47549,104,364
Deferred Taxes & Provisions-1,955,151,692-134,838,0472,089,989,739
Cash flow from operations-352,977,287-32,228,360-1,901,656,1971,031,071,3762,809,249,714-152,526,1191,447,152,7981,769,069,145-1,301,135,311-906,158,023-266,927,747-445,360,789-13,596,15559,409,755-622,054,314
Investing Activities
capital expenditure7,713,615,71121,984,465-8,751,282,426776,036-12,619-122,638-44,01466,981-63,07390,938-691,611
Change in Investments-1,022,866,790-3,794,053,8157,395,357,84132,243,881-6,263,426,606-537,891,472402,117,4201,359,615,086-1,254,701,1081,002,950,9703,852,184,596-167,451,632157,683,576-269,533,2771,771,215,161
cash flow from investments1,022,866,7903,794,053,815318,257,870-10,259,416-2,487,855,820537,891,472-402,117,420-1,358,839,0501,254,688,489-1,003,073,608-3,852,228,610167,518,613-157,746,649269,624,215-1,771,906,772
Financing Activities
Bank loans-138,910,44533,558,892-81,115,190170,950,840-20,990,13734,103,3492,402,691
Group/Directors Accounts-3,651,143,356-101,535,951-1,203,086,640-93,124,32171,411,0721,441,018,861228,588,998323,004,750548,537,899232,165,1912,204,163,497
Other Short Term Loans -490,253,55462,289,316427,964,238-596,765596,765
Long term loans-12,566,760-11,293,310,420-504,177,04811,675,586,402-2,382,95716,565,202120,285,581-261,088,632261,088,632-124,723,99563,659,34741,242,44819,822,200
Hire Purchase and Lease Commitments
other long term liabilities-57,892,422-120,181,738178,074,160
share issue3,183,675,6227,123,743,802-302,652,792-1,635,445,617-272,289,441182,340,95246,122,274477,692,9843,755,662,648-22,870,70453,471,517-83,040,733832,699,357
interest13,044,812-1-1-383,995,310-355,415,506-156,499,278-169,826,876-180,040,355-211,857,831-54,202,611-42,932,206-41,176,822-39,161,026-9,610,765-24,206,378
cash flow from financing13,044,8123,171,108,861-4,717,712,595-1,248,717,5726,639,620,321-532,707,627-1,174,007,362-291,789,540-321,854,2252,044,482,6763,986,949,520302,223,199638,194,187161,738,5843,012,656,476
cash and cash equivalents
cash-487,322,292141,433,387345,888,905-31,817,47623,281,080-172,393,446171,958,933-90,688,93556,516,342-481,243,812498,106,10526,281,209
overdraft-11
change in cash-487,322,292141,433,387345,888,905-31,817,47623,281,080-172,393,445171,958,933-90,688,93556,516,341-481,243,812498,106,10526,281,209

enrc finance limited 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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Enrc Finance Limited Competitor Analysis

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enrc finance limited Ownership

ENRC FINANCE LIMITED group structure

Enrc Finance Limited has 1 subsidiary company.

Ultimate parent company

EURASIAN RESOURCES GROUP SARL

#0060729

2 parents

ENRC FINANCE LIMITED

06050675

1 subsidiary

ENRC FINANCE LIMITED Shareholders

eurasian natural resources corporation limited 100%

enrc finance limited directors

Enrc Finance Limited currently has 1 director, Dmitry Melnikov serving since Dec 2016.

officercountryagestartendrole
Dmitry MelnikovUnited Kingdom43 years Dec 2016- Director

P&L

December 2023

turnover

0

0%

operating profit

0

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

3b

-0.18%

total assets

3b

-0.18%

cash

0

0%

net assets

Total assets minus all liabilities

enrc finance limited company details

company number

06050675

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

January 2007

age

18

incorporated

UK

ultimate parent company

EURASIAN RESOURCES GROUP SARL

accounts

Full Accounts

last accounts submitted

December 2023

previous names

enrc limited (September 2008)

accountant

-

auditor

MERCER & HOLE LLP

address

13th floor one angel court, london, EC2R 7HJ

Bank

-

Legal Advisor

-

enrc finance 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 found 8 charges/mortgages relating to enrc finance limited. Currently there are 0 open charges and 8 have been satisfied in the past.

enrc finance 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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enrc finance limited Companies House Filings - See Documents

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