Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £3.6m based on a Turnover of £5.4m and 0.66x industry multiple (adjusted for size and gross margin).
essential christianEstimated Valuation
£0
Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £0 based on an EBITDA of £-194.2k and a 3.44x industry multiple (adjusted for size and gross margin).
essential christianEstimated Valuation
£0
Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £0 based on Net Assets of £-332.2k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Essential ChristianOverview
Essential Christian is a live company located in east sussex, TN22 1QG with a Companies House number of 06667924. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in August 2008, it's largest shareholder is
unknown.
Essential Christian is a established,
mid sized company, Pomanda has estimated its turnover at
£5.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Essential Christian a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £5.4m, make it larger than the average company (£397.3k)
£5.4m - Essential Christian
£397.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.7%)
13% - Essential Christian
5.7% - Industry AVG
Production
with a gross margin of 61.3%, this company has a comparable cost of product (61.3%)
61.3% - Essential Christian
61.3% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (7.7%)
-4.4% - Essential Christian
7.7% - Industry AVG
Employees
with 33 employees, this is above the industry average (4)
33 - Essential Christian
4 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£32.5k)
£36.6k - Essential Christian
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £164.6k, this is more efficient (£100.5k)
£164.6k - Essential Christian
£100.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (29 days)
5 days - Essential Christian
29 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (30 days)
7 days - Essential Christian
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (21 days)
1 days - Essential Christian
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (149 weeks)
18 weeks - Essential Christian
149 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.2%, this is a higher level of debt than the average (49.6%)
147.2% - Essential Christian
49.6% - Industry AVG
ESSENTIAL CHRISTIAN financials
EXPORT
Essential Christian's latest turnover from September 2023 is £5.4 million and the company has net assets of -£332.2 thousand. According to their latest financial statements, Essential Christian has 33 employees and maintains cash reserves of £356.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
5,432,520
5,621,266
3,517,339
3,760,449
4,937,460
4,129,152
4,298,619
4,819,854
4,736,915
3,833,153
4,627,629
5,205,030
5,866,729
6,806,898
12,287,017
Other Income Or Grants
Cost Of Sales
2,103,961
2,161,005
1,380,051
1,765,527
2,397,025
1,945,913
2,006,991
2,271,983
2,840,527
2,156,878
3,061,746
2,646,456
2,424,492
2,699,445
9,829,614
Gross Profit
3,328,559
3,460,261
2,137,288
1,994,922
2,540,435
2,183,239
2,291,628
2,547,871
1,896,388
1,676,275
1,565,883
2,558,574
3,442,237
4,107,453
2,457,403
Admin Expenses
3,570,089
3,032,495
2,297,773
1,933,394
2,310,105
2,135,591
2,078,891
2,601,515
2,136,788
2,280,432
1,881,796
2,845,638
2,441,083
4,572,984
-1,325,554
Operating Profit
-241,530
427,766
-160,485
61,528
230,330
47,648
212,737
-53,644
-240,400
-604,157
-315,913
-287,064
1,001,154
-465,531
3,782,957
Interest Payable
53,758
19,111
52,631
Interest Receivable
Pre-Tax Profit
-278,797
312,071
-205,857
11,295
148,039
2,777
134,282
-104,487
-292,516
-636,900
-333,218
-335,465
686,219
-656,421
2,304,298
Tax
Profit After Tax
-278,797
312,071
-205,857
11,295
148,039
2,777
134,282
-104,487
-292,516
-636,900
-333,218
-335,465
686,219
-656,421
2,304,298
Dividends Paid
Retained Profit
-278,797
312,071
-205,857
11,295
148,039
2,777
134,282
-104,487
-292,516
-638,043
-332,774
-337,698
683,095
-664,396
2,606,653
Employee Costs
1,209,244
1,165,189
1,385,918
1,404,607
1,287,572
1,046,093
1,081,414
1,263,378
1,283,001
1,269,934
1,287,036
1,532,626
1,747,475
2,137,118
2,564,655
Number Of Employees
33
32
39
45
42
42
37
41
44
41
41
55
63
64
94
EBITDA*
-194,172
473,364
-106,244
118,955
289,579
104,814
275,889
16,417
-175,073
-548,058
-250,441
-167,006
1,246,794
-171,282
4,412,697
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
62,352
64,913
80,084
104,818
97,773
116,223
81,783
110,733
155,453
178,039
149,208
562,794
2,637,393
2,857,332
6,447,605
Intangible Assets
36,447
19,162
224,159
Investments & Other
163,217
238,687
6
2,315,095
356,172
Debtors (Due After 1 year)
Total Fixed Assets
98,799
84,075
80,084
104,818
97,773
116,223
81,783
110,733
155,453
341,256
387,895
562,800
2,637,393
5,172,427
7,027,936
Stock & work in progress
8,507
24,630
59,499
95,253
126,436
147,525
143,559
154,192
381,518
407,820
345,075
378,324
323,244
469,015
529,478
Trade Debtors
81,306
152,637
213,538
211,360
57,145
93,079
93,201
149,135
163,694
108,235
269,721
178,694
223,870
429,075
327,150
Group Debtors
3,017
10,064
Misc Debtors
151,022
152,599
154,720
232,892
230,508
189,727
292,670
216,999
172,587
226,657
233,788
200,464
189,838
234,373
489,417
Cash
356,234
688,353
392,818
362,328
797,855
545,342
354,506
515,810
240,715
416,398
413,472
486,418
312,280
448,824
662,735
misc current assets
total current assets
597,069
1,018,219
820,575
901,833
1,211,944
975,673
883,936
1,036,136
958,514
1,159,110
1,265,073
1,243,900
1,059,296
1,581,287
2,008,780
total assets
695,868
1,102,294
900,659
1,006,651
1,309,717
1,091,896
965,719
1,146,869
1,113,967
1,500,366
1,652,968
1,806,700
3,696,689
6,753,714
9,036,716
Bank overdraft
Bank loan
Trade Creditors
46,064
52,507
82,332
14,825
205,169
159,620
32,467
177,043
209,155
241,951
272,629
237,190
346,911
514,964
531,067
Group/Directors Accounts
1,036
6,864
other short term finances
575,000
575,000
750,000
750,000
829,136
729,454
680,742
831,023
826,199
827,902
278,593
309,442
1,034,961
875,203
3,799,117
hp & lease commitments
other current liabilities
402,976
524,162
429,773
397,415
442,296
517,745
570,210
590,785
447,034
342,165
302,064
365,795
390,080
510,898
846,587
total current liabilities
1,024,040
1,151,669
1,262,105
1,162,240
1,476,601
1,406,819
1,283,419
1,598,851
1,482,388
1,413,054
853,286
912,427
1,771,952
1,907,929
5,176,771
loans
275,000
275,000
1,255,100
hp & lease commitments
Accruals and Deferred Income
other liabilities
697,430
provisions
total long term liabilities
972,430
275,000
1,255,100
total liabilities
1,024,040
1,151,669
1,262,105
1,162,240
1,476,601
1,406,819
1,283,419
1,598,851
1,482,388
1,413,054
853,286
912,427
2,744,382
2,182,929
6,431,871
net assets
-332,160
-54,691
-365,021
-161,404
-169,457
-317,459
-322,182
-453,390
-368,723
87,312
799,234
893,381
949,183
4,562,810
2,604,845
total shareholders funds
-332,160
-54,691
-365,021
-161,404
-169,457
-317,459
-322,182
-453,390
-368,723
87,312
799,234
893,381
949,183
4,562,810
2,604,845
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
-241,530
427,766
-160,485
61,528
230,330
47,648
212,737
-53,644
-240,400
-604,157
-315,913
-287,064
1,001,154
-465,531
3,782,957
Depreciation
38,330
42,676
54,241
57,427
59,249
57,166
63,152
70,061
65,327
56,099
65,472
120,058
245,640
294,249
629,740
Amortisation
9,028
2,922
Tax
Stock
-16,123
-34,869
-35,754
-31,183
-21,089
3,966
-10,633
-227,326
-26,302
62,745
-33,249
55,080
-145,771
-60,463
529,478
Debtors
-72,908
-63,022
-75,994
156,599
4,847
-103,065
19,737
29,853
1,389
-171,634
127,368
-44,614
-239,676
-153,119
816,567
Creditors
-6,443
-29,825
67,507
-190,344
45,549
127,153
-144,576
-32,112
-32,796
-30,678
35,439
-109,721
-168,053
-16,103
531,067
Accruals and Deferred Income
-121,186
94,389
32,358
-44,881
-75,449
-52,465
-20,575
143,751
104,869
40,101
-63,731
-24,285
-120,818
-335,689
846,587
Deferred Taxes & Provisions
Cash flow from operations
-232,770
635,819
105,369
-241,686
275,921
278,601
101,634
325,529
-78,087
-429,746
-372,852
-311,478
1,343,370
-309,492
4,444,306
Investing Activities
capital expenditure
-90,474
-33,802
-25,341
-42,741
-84,930
348,114
1,534,541
-25,701
-24,100
-795,225
Change in Investments
-163,217
-75,470
238,681
6
-2,315,095
1,958,923
356,172
cash flow from investments
-90,474
-33,802
-25,341
120,476
-9,460
109,433
1,534,535
2,289,394
-1,983,023
-1,151,397
Financing Activities
Bank loans
Group/Directors Accounts
-1,036
1,036
-6,864
6,864
Other Short Term Loans
-175,000
-79,136
99,682
48,712
-150,281
4,824
-1,703
549,309
-30,849
-725,519
159,758
-2,923,914
3,799,117
Long term loans
-275,000
-980,100
1,255,100
Hire Purchase and Lease Commitments
other long term liabilities
-697,430
697,430
share issue
1,328
-1,741
2,240
-3,242
-37
1,946
-3,074
19,820
-163,519
-73,879
238,627
281,896
-4,296,722
2,622,361
-1,808
interest
-53,758
-19,111
-52,631
cash flow from financing
1,328
-176,741
2,240
-82,378
99,645
50,658
-153,355
24,644
-220,016
476,466
188,667
-1,468,684
-3,446,398
-1,274,789
5,052,409
cash and cash equivalents
cash
-332,119
295,535
30,490
-435,527
252,513
190,836
-161,304
275,095
-175,683
2,926
-72,946
174,138
-136,544
-213,911
662,735
overdraft
change in cash
-332,119
295,535
30,490
-435,527
252,513
190,836
-161,304
275,095
-175,683
2,926
-72,946
174,138
-136,544
-213,911
662,735
essential christian 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 essential christian. Get real-time insights into essential christian's credit score, group structure and payment trends.
Perform a competitor analysis for essential christian by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in TN22 area or any other competitors across 12 key performance metrics.
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
59200 - Sound recording and music publishing activities
82302 - Activities of conference organizers
94910 - Activities of religious organisations
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
September 2023
previous names
memralife group. (March 2017)
eternalfx (January 2009)
accountant
-
auditor
JACOB CAVENAGH & SKEET
address
14 horsted square, uckfield, east sussex, TN22 1QG
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
ANTHONY COLLINS SOLICITORS LLP
essential christian 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 4 charges/mortgages relating to essential christian. Currently there are 1 open charges and 3 have been satisfied in the past.
essential christian 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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essential christianCompanies House Filings - See Documents
