erewash blinds limited

Live EstablishedMicroDeclining

erewash blinds limited Company Information

Share EREWASH BLINDS LIMITED

Company Number

06391321

Shareholders

andrew john smedley

Group Structure

View All

Industry

Glazing

 

Registered Address

32 high road, toton, beeston, nottingham, NG9 6EH

erewash blinds limited Estimated Valuation

£121.4k

Pomanda estimates the enterprise value of EREWASH BLINDS LIMITED at £121.4k based on a Turnover of £438.1k and 0.28x industry multiple (adjusted for size and gross margin).

erewash blinds limited Estimated Valuation

£59.1k

Pomanda estimates the enterprise value of EREWASH BLINDS LIMITED at £59.1k based on an EBITDA of £20k and a 2.95x industry multiple (adjusted for size and gross margin).

erewash blinds limited Estimated Valuation

£335k

Pomanda estimates the enterprise value of EREWASH BLINDS LIMITED at £335k based on Net Assets of £156.4k and 2.14x industry multiple (adjusted for liquidity).

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Erewash Blinds Limited Overview

Erewash Blinds Limited is a live company located in nottingham, NG9 6EH with a Companies House number of 06391321. It operates in the glazing sector, SIC Code 43342. Founded in October 2007, it's largest shareholder is andrew john smedley with a 100% stake. Erewash Blinds Limited is a established, micro sized company, Pomanda has estimated its turnover at £438.1k with declining growth in recent years.

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Erewash Blinds Limited Health Check

Pomanda's financial health check has awarded Erewash Blinds Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £438.1k, make it smaller than the average company (£855.1k)

£438.1k - Erewash Blinds Limited

£855.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.6%)

-3% - Erewash Blinds Limited

6.6% - Industry AVG

production

Production

with a gross margin of 22%, this company has a higher cost of product (30.4%)

22% - Erewash Blinds Limited

30.4% - Industry AVG

profitability

Profitability

an operating margin of 4.6% make it less profitable than the average company (5.9%)

4.6% - Erewash Blinds Limited

5.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (7)

3 - Erewash Blinds Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)

£29.9k - Erewash Blinds Limited

£29.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £146k, this is equally as efficient (£133.4k)

£146k - Erewash Blinds Limited

£133.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 151 days, this is later than average (42 days)

151 days - Erewash Blinds Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (39 days)

30 days - Erewash Blinds Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Erewash Blinds Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Erewash Blinds Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.2%, this is a lower level of debt than the average (64.4%)

16.2% - Erewash Blinds Limited

64.4% - Industry AVG

EREWASH BLINDS LIMITED financials

EXPORTms excel logo

Erewash Blinds Limited's latest turnover from October 2023 is estimated at £438.1 thousand and the company has net assets of £156.4 thousand. According to their latest financial statements, Erewash Blinds Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover438,124350,033423,536472,967401,509405,035449,622300,269255,663177,019145,798130,50858,13067,725176,311
Other Income Or Grants
Cost Of Sales341,723264,825339,524378,234315,632322,599351,280232,389200,056133,928107,72796,61342,38650,985
Gross Profit96,40285,20884,01194,73385,87882,43598,34267,88155,60743,09138,07133,89415,74416,740
Admin Expenses76,36970,01876,87474,61089,391100,38085,45148,386-48333,75422,07810,2355,8135,174-24,353
Operating Profit20,03315,1907,13720,123-3,513-17,94512,89119,49556,0909,33715,99323,6599,93111,56624,353
Interest Payable
Interest Receivable541081325869636169
Pre-Tax Profit20,03315,1907,13720,123-3,513-17,94512,94619,60456,2239,39516,06223,7229,99211,63524,353
Tax-5,008-2,886-1,356-3,823-2,460-3,921-11,244-1,973-3,694-5,693-2,598-3,258-5,638
Profit After Tax15,02512,3045,78116,300-3,513-17,94510,48615,68344,9787,42212,36818,0297,3948,37718,715
Dividends Paid24,150
Retained Profit15,02512,3045,78116,300-3,513-17,94510,48615,68344,9787,42212,36818,0297,3948,377-5,435
Employee Costs89,69179,63985,71473,61186,27286,16978,84356,41460,20055,59053,56852,92225,86923,625
Number Of Employees33333332222211
EBITDA*20,03315,1907,13720,123-3,513-17,94512,89121,12457,09910,39217,03524,53010,82612,49325,233

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets3,6234,2001,8191,0101,3471,5051,8652,486553762726214285380242
Intangible Assets8001,6002,4003,2004,0004,8005,6006,400
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,6234,2001,8191,0101,3471,5051,8653,2862,1533,1623,9264,2145,0855,9806,642
Stock & work in progress7,7509,1509,1508,7509,1505,9555,2383,750
Trade Debtors181,684138,693177,450170,776146,314151,152172,91699,76083,08158,31546,99337,09817,55215,8825,928
Group Debtors
Misc Debtors1,28330,7114,0073,1302,197
Cash43,48743,1329,75313,29314,30311,01713,51014,090
misc current assets
total current assets182,967169,404177,450170,776146,314151,152172,916150,997135,36377,21869,03664,55837,65436,82723,768
total assets186,590173,604179,269171,786147,661152,657174,781154,283137,51680,38072,96268,77242,73942,80730,410
Bank overdraft
Bank loan
Trade Creditors 28,18521,28242,81742,55336,16139,07344,68136,30735,22323,0656,84913,5775,57810,0359,868
Group/Directors Accounts4,159
other short term finances
hp & lease commitments
other current liabilities16,22017,67017,66520,67012,658
total current liabilities28,18521,28242,81742,55336,16139,07344,68136,30735,22323,06523,06931,24723,24330,70526,685
loans
hp & lease commitments
Accruals and Deferred Income1,99210,9347,3685,9304,4973,0681,639
other liabilities
provisions
total long term liabilities1,99210,9347,3685,9304,4973,0681,639
total liabilities30,17732,21650,18548,48340,65842,14146,32036,30735,22323,06523,06931,24723,24330,70526,685
net assets156,413141,388129,084123,303107,003110,516128,461117,976102,29357,31549,89337,52519,49612,1023,725
total shareholders funds156,413141,388129,084123,303107,003110,516128,461117,976102,29357,31549,89337,52519,49612,1023,725
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit20,03315,1907,13720,123-3,513-17,94512,89119,49556,0909,33715,99323,6599,93111,56624,353
Depreciation829209255242719512780
Amortisation800800800800800800800800
Tax-5,008-2,886-1,356-3,823-2,460-3,921-11,244-1,973-3,694-5,693-2,598-3,258-5,638
Stock-7,750-1,400400-4003,1957171,4883,750
Debtors13,563-8,0466,67424,462-4,838-21,76473,15616,67924,76611,3225,88820,4232,60312,1515,928
Creditors6,903-21,5352646,392-2,912-5,6088,3741,08412,15816,216-6,7287,999-4,4571679,868
Accruals and Deferred Income-8,9423,5661,4381,4331,4291,4291,639-16,220-1,4505-3,0058,01212,658
Deferred Taxes & Provisions
Cash flow from operations-5772,381809-337-158-360-44,9623,00833,247-3,307-3253,223-2,5543,77532,443
Investing Activities
capital expenditure577-2,381-8093371583601,421-2,762-291-754-265-7,522
Change in Investments
cash flow from investments577-2,381-8093371583601,421-2,762-291-754-265-7,522
Financing Activities
Bank loans
Group/Directors Accounts-4,1594,159
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-19,160
interest541081325869636169
cash flow from financing5310813258696361-4,09013,319
cash and cash equivalents
cash-43,48735533,379-3,540-1,0103,286-2,493-58014,090
overdraft
change in cash-43,48735533,379-3,540-1,0103,286-2,493-58014,090

erewash blinds 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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Erewash Blinds Limited Competitor Analysis

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Perform a competitor analysis for erewash blinds limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NG9 area or any other competitors across 12 key performance metrics.

erewash blinds limited Ownership

EREWASH BLINDS LIMITED group structure

Erewash Blinds Limited has no subsidiary companies.

Ultimate parent company

EREWASH BLINDS LIMITED

06391321

EREWASH BLINDS LIMITED Shareholders

andrew john smedley 100%

erewash blinds limited directors

Erewash Blinds Limited currently has 1 director, Mr Andrew Smedley serving since Oct 2007.

officercountryagestartendrole
Mr Andrew Smedley62 years Oct 2007- Director

P&L

October 2023

turnover

438.1k

+25%

operating profit

20k

0%

gross margin

22.1%

-9.61%

turnover

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

Balance Sheet

October 2023

net assets

156.4k

+0.11%

total assets

186.6k

+0.07%

cash

0

0%

net assets

Total assets minus all liabilities

erewash blinds limited company details

company number

06391321

Type

Private limited with Share Capital

industry

43342 - Glazing

incorporation date

October 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

L J HANBURY LTD

auditor

-

address

32 high road, toton, beeston, nottingham, NG9 6EH

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

erewash blinds 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 erewash blinds limited.

erewash blinds 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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erewash blinds limited Companies House Filings - See Documents

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