erris homes (yorkshire) limited

erris homes (yorkshire) limited Company Information

Share ERRIS HOMES (YORKSHIRE) LIMITED
Live 
EstablishedMidHealthy

Company Number

06886168

Industry

Development of building projects

 

Shareholders

erris homes ltd

Group Structure

View All

Contact

Registered Address

howard house limewood approach, leeds, LS14 1NG

erris homes (yorkshire) limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ERRIS HOMES (YORKSHIRE) LIMITED at £2.9m based on a Turnover of £5.2m and 0.56x industry multiple (adjusted for size and gross margin).

erris homes (yorkshire) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ERRIS HOMES (YORKSHIRE) LIMITED at £0 based on an EBITDA of £-980.1k and a 4.08x industry multiple (adjusted for size and gross margin).

erris homes (yorkshire) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ERRIS HOMES (YORKSHIRE) LIMITED at £0 based on Net Assets of £-1.5m and 1.38x industry multiple (adjusted for liquidity).

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Erris Homes (yorkshire) Limited Overview

Erris Homes (yorkshire) Limited is a live company located in leeds, LS14 1NG with a Companies House number of 06886168. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2009, it's largest shareholder is erris homes ltd with a 100% stake. Erris Homes (yorkshire) Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.2m with healthy growth in recent years.

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Erris Homes (yorkshire) Limited Health Check

Pomanda's financial health check has awarded Erris Homes (Yorkshire) Limited 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 Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £5.2m, make it larger than the average company (£2.2m)

£5.2m - Erris Homes (yorkshire) Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.1%)

7% - Erris Homes (yorkshire) Limited

3.1% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)

26.3% - Erris Homes (yorkshire) Limited

26.3% - Industry AVG

profitability

Profitability

an operating margin of -18.9% make it less profitable than the average company (7.2%)

-18.9% - Erris Homes (yorkshire) Limited

7.2% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (6)

10 - Erris Homes (yorkshire) Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)

£47.1k - Erris Homes (yorkshire) Limited

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £519.1k, this is more efficient (£281k)

£519.1k - Erris Homes (yorkshire) Limited

£281k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (28 days)

49 days - Erris Homes (yorkshire) Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (30 days)

52 days - Erris Homes (yorkshire) Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (174 days)

4 days - Erris Homes (yorkshire) Limited

174 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)

4 weeks - Erris Homes (yorkshire) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 171.5%, this is a higher level of debt than the average (73.1%)

171.5% - Erris Homes (yorkshire) Limited

73.1% - Industry AVG

ERRIS HOMES (YORKSHIRE) LIMITED financials

EXPORTms excel logo

Erris Homes (Yorkshire) Limited's latest turnover from June 2023 is estimated at £5.2 million and the company has net assets of -£1.5 million. According to their latest financial statements, Erris Homes (Yorkshire) Limited has 10 employees and maintains cash reserves of £336 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover5,191,3448,450,6032,443,6024,259,3366,665,9314,072,8134,323,6353,915,2401,352,7351,139,7470000
Other Income Or Grants00000000000000
Cost Of Sales3,827,8556,370,1851,867,2313,179,6014,811,7292,875,3292,982,8382,751,272969,072813,1640000
Gross Profit1,363,4882,080,418576,3711,079,7351,854,2021,197,4841,340,7971,163,968383,663326,5830000
Admin Expenses2,343,5962,404,645731,5031,040,0211,463,3881,314,3421,318,8331,186,316384,424326,5830000
Operating Profit-980,108-324,227-155,13239,714390,814-116,85821,964-22,348-76100000
Interest Payable54,93458,67118,90138,209100,22964,2028,0760000000
Interest Receivable24,8635,1334197587,7424,0791,0181,022500000
Pre-Tax Profit-1,010,179-377,765-173,6142,263298,327-176,98114,905-21,326-75600000
Tax000-430-56,6820-2,8320000000
Profit After Tax-1,010,179-377,765-173,6141,833241,645-176,98112,073-21,326-75600000
Dividends Paid00000000000000
Retained Profit-1,010,179-377,765-173,6141,833241,645-176,98112,073-21,326-75600000
Employee Costs470,853444,766395,479731,8041,107,722627,358697,009623,603195,609183,1610000
Number Of Employees101091726151715550000
EBITDA*-980,108-324,227-155,13239,714390,814-116,85821,964-22,348-76100000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other5151515151000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets5151515151000000000
Stock & work in progress47,4311,597,0011,763,473384,5012,241,7853,077,9572,300,6261,359,947234,253199,4330000
Trade Debtors702,3271,230,405672330,981482,844000000000
Group Debtors00150,17300000000000
Misc Debtors1,019,3631,882,805797,046641,627636,003160,03030,86238,918000000
Cash335,968658,566162,649674,672840,4341,224,093407,385406,7932,01010000
misc current assets00000000000000
total current assets2,105,0895,368,7772,874,0132,031,7814,201,0664,462,0802,738,8731,805,658236,263199,4340000
total assets2,105,1405,368,8282,874,0642,031,8324,201,1174,462,0802,738,8731,805,658236,263199,4340000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 548,4111,063,015583,971623,9601,048,212512,601671,086685,579237,018199,4330000
Group/Directors Accounts00000001,131,894000000
other short term finances0998,801001,252,7391,716,998258,4440000000
hp & lease commitments00000000000000
other current liabilities3,061,7983,801,9021,787,5161,351,3831,845,5102,419,4701,819,35110,266000000
total current liabilities3,610,2095,863,7182,371,4871,975,3434,146,4614,649,0692,748,8811,827,739237,018199,4330000
loans00619,70200000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00619,70200000000000
total liabilities3,610,2095,863,7182,991,1891,975,3434,146,4614,649,0692,748,8811,827,739237,018199,4330000
net assets-1,505,069-494,890-117,12556,48954,656-186,989-10,008-22,081-75510000
total shareholders funds-1,505,069-494,890-117,12556,48954,656-186,989-10,008-22,081-75510000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-980,108-324,227-155,13239,714390,814-116,85821,964-22,348-76100000
Depreciation00000000000000
Amortisation00000000000000
Tax000-430-56,6820-2,8320000000
Stock-1,549,570-166,4721,378,972-1,857,284-836,172777,331940,6791,125,69434,820199,4330000
Debtors-1,391,5202,165,319-24,717-146,239958,817129,168-8,05638,918000000
Creditors-514,604479,044-39,989-424,252535,611-158,485-14,493448,56137,585199,4330000
Accruals and Deferred Income-740,1042,014,386436,133-494,127-573,960600,1191,809,08510,266000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations706,274170,356-1,113,2431,124,428173,138-581,723881,101-728,1332,00400000
Investing Activities
capital expenditure00000000000000
Change in Investments000051000000000
cash flow from investments0000-51000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000000-1,131,8941,131,894000000
Other Short Term Loans -998,801998,8010-1,252,739-464,2591,458,554258,4440000000
Long term loans0-619,702619,70200000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000010000
interest-30,071-53,538-18,482-37,451-92,487-60,123-7,0581,022500000
cash flow from financing-1,028,872325,561601,220-1,290,190-556,7461,398,431-880,5081,132,916510000
cash and cash equivalents
cash-322,598495,917-512,023-165,762-383,659816,708592404,7832,00910000
overdraft00000000000000
change in cash-322,598495,917-512,023-165,762-383,659816,708592404,7832,00910000

erris homes (yorkshire) 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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Erris Homes (yorkshire) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for erris homes (yorkshire) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in LS14 area or any other competitors across 12 key performance metrics.

erris homes (yorkshire) limited Ownership

ERRIS HOMES (YORKSHIRE) LIMITED group structure

Erris Homes (Yorkshire) Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

ERRIS HOMES (YORKSHIRE) LIMITED

06886168

2 subsidiaries

ERRIS HOMES (YORKSHIRE) LIMITED Shareholders

erris homes ltd 100%

erris homes (yorkshire) limited directors

Erris Homes (Yorkshire) Limited currently has 3 directors. The longest serving directors include Mr Michael Howard (Jan 2010) and Mr Scott Leather (Jan 2017).

officercountryagestartendrole
Mr Michael Howard50 years Jan 2010- Director
Mr Scott Leather51 years Jan 2017- Director
Mr Gerard HowardEngland47 years Jan 2017- Director

P&L

June 2023

turnover

5.2m

-39%

operating profit

-980.1k

0%

gross margin

26.3%

+6.69%

turnover

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

Balance Sheet

June 2023

net assets

-1.5m

+2.04%

total assets

2.1m

-0.61%

cash

336k

-0.49%

net assets

Total assets minus all liabilities

erris homes (yorkshire) limited company details

company number

06886168

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2009

age

16

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

erris homes (barnsley) limited (August 2018)

accountant

-

auditor

-

address

howard house limewood approach, leeds, LS14 1NG

Bank

-

Legal Advisor

-

erris homes (yorkshire) 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 4 charges/mortgages relating to erris homes (yorkshire) limited. Currently there are 1 open charges and 3 have been satisfied in the past.

erris homes (yorkshire) 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.

Click to start generating capital raising & share issue transactions for ERRIS HOMES (YORKSHIRE) LIMITED. This can take several minutes, an email will notify you when this has completed.

erris homes (yorkshire) limited Companies House Filings - See Documents

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