enco limited

4.5

enco limited Company Information

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Company Number

06970654

Registered Address

bridgefield works, bridgefield road, elland, west yorkshire, HX5 0SQ

Industry

Manufacture of other fabricated metal products n.e.c.

 

Telephone

01422379991

Next Accounts Due

April 2025

Group Structure

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Directors

Jamie Moody15 Years

Joanne Hart10 Years

Shareholders

enco property holdings ltd 100%

enco limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ENCO LIMITED at £1.7m based on a Turnover of £3.1m and 0.55x industry multiple (adjusted for size and gross margin).

enco limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of ENCO LIMITED at £2.6m based on an EBITDA of £612.5k and a 4.22x industry multiple (adjusted for size and gross margin).

enco limited Estimated Valuation

£376.7k

Pomanda estimates the enterprise value of ENCO LIMITED at £376.7k based on Net Assets of £734.3k and 0.51x industry multiple (adjusted for liquidity).

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Enco Limited Overview

Enco Limited is a live company located in elland, HX5 0SQ with a Companies House number of 06970654. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in July 2009, it's largest shareholder is enco property holdings ltd with a 100% stake. Enco Limited is a established, small sized company, Pomanda has estimated its turnover at £3.1m with rapid growth in recent years.

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Enco Limited Health Check

Pomanda's financial health check has awarded Enco Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £3.1m, make it smaller than the average company (£12.7m)

£3.1m - Enco Limited

£12.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.5%)

39% - Enco Limited

5.5% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (29.3%)

29.3% - Enco Limited

29.3% - Industry AVG

profitability

Profitability

an operating margin of 18.4% make it more profitable than the average company (6.3%)

18.4% - Enco Limited

6.3% - Industry AVG

employees

Employees

with 24 employees, this is below the industry average (80)

24 - Enco Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)

£39.1k - Enco Limited

£39.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.5k, this is less efficient (£150.2k)

£127.5k - Enco Limited

£150.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (61 days)

89 days - Enco Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 80 days, this is slower than average (47 days)

80 days - Enco Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (70 days)

6 days - Enco Limited

70 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (13 weeks)

22 weeks - Enco Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.7%, this is a higher level of debt than the average (48.1%)

65.7% - Enco Limited

48.1% - Industry AVG

ENCO LIMITED financials

EXPORTms excel logo

Enco Limited's latest turnover from July 2023 is estimated at £3.1 million and the company has net assets of £734.3 thousand. According to their latest financial statements, Enco Limited has 24 employees and maintains cash reserves of £415.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Turnover3,060,7802,828,0562,493,0221,129,9431,446,2931,766,961962,3061,175,0741,603,567982,162612,642866,181903,028306,560
Other Income Or Grants00000000000000
Cost Of Sales2,163,9461,977,0491,766,329792,9351,016,7591,230,051664,838809,5681,091,625685,435428,507606,099626,167210,344
Gross Profit896,835851,007726,693337,008429,534536,909297,468365,507511,942296,727184,135260,082276,86296,216
Admin Expenses332,718595,958606,271356,444329,325488,658521,975238,377494,402301,421127,391120,543260,40488,347
Operating Profit564,117255,049120,422-19,436100,20948,251-224,507127,13017,540-4,69456,744139,53916,4587,869
Interest Payable71,54557,49238,40423,66811,653000000000
Interest Receivable13,5382,4222441621,0216984657653735634932587935
Pre-Tax Profit506,109199,97982,263-42,94389,57848,948-224,042127,89517,914-4,13157,238139,79716,5367,904
Tax-126,527-37,996-15,6300-17,020-9,3000-25,579-3,5830-13,165-33,551-4,299-2,213
Profit After Tax379,582161,98366,633-42,94372,55839,648-224,042102,31614,331-4,13144,073106,24612,2375,691
Dividends Paid00000000000000
Retained Profit379,582161,98366,633-42,94372,55839,648-224,042102,31614,331-4,13144,073106,24612,2375,691
Employee Costs937,846980,875529,783536,151492,104202,868132,211131,056444,076280,892154,198246,534237,83086,336
Number Of Employees24271515146441495883
EBITDA*612,514297,533148,6711,112121,62365,379-209,646136,01024,7604,53263,356144,84821,62211,845

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Tangible Assets822,860625,852650,605550,070554,71080,03852,22051,75428,37535,59526,75023,43019,28515,205
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets822,860625,852650,605550,070554,71080,03852,22051,75428,37535,59526,75023,43019,28515,205
Stock & work in progress40,35045,15048,50044,904105,378000000000
Trade Debtors752,495762,232691,767209,586367,109483,850288,639271,479335,770193,079121,759166,833172,23048,358
Group Debtors00000000000000
Misc Debtors109,884105,053140,58040,82043,32819,67932,72577,348000000
Cash415,071126,440261,041227,66695,375177,011102,009270,32035,718113,602111,46185,89217,50114,070
misc current assets00000000000000
total current assets1,317,8001,038,8751,141,888522,976611,190680,540423,373619,147371,488306,681233,220252,725189,73162,428
total assets2,140,6601,664,7271,792,4931,073,0461,165,900760,578475,593670,901399,863342,276259,970276,155209,01677,633
Bank overdraft00000000000000
Bank loan220,40270,81065,39120,00017,496000000000
Trade Creditors 477,529400,002573,267164,883190,114276,674100,491278,830221,316178,06091,623151,881190,98871,842
Group/Directors Accounts09923,170200,000245,282208,313200,0000000000
other short term finances00000000000000
hp & lease commitments28,81719,31022,58811,49421,54314,1903,6983,169000000
other current liabilities219,69888,254109,163130,242134,785142,630111,414101,172000000
total current liabilities946,446579,368773,579526,619609,220641,807415,603383,171221,316178,06091,623151,881190,98871,842
loans322,842686,772763,000410,749327,771000000000
hp & lease commitments63,84143,88763,1979,59459,88222,3023,1696,867000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions73,2490000000000000
total long term liabilities459,932730,659826,197420,343387,65322,3023,1696,867000000
total liabilities1,406,3781,310,0271,599,776946,962996,873664,109418,772390,038221,316178,06091,623151,881190,98871,842
net assets734,282354,700192,717126,084169,02796,46956,821280,863178,547164,216168,347124,27418,0285,791
total shareholders funds734,282354,700192,717126,084169,02796,46956,821280,863178,547164,216168,347124,27418,0285,791
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Operating Activities
Operating Profit564,117255,049120,422-19,436100,20948,251-224,507127,13017,540-4,69456,744139,53916,4587,869
Depreciation48,39742,48428,24920,54821,41417,12814,8618,8807,2209,2266,6125,3095,1643,976
Amortisation00000000000000
Tax-126,527-37,996-15,6300-17,020-9,3000-25,579-3,5830-13,165-33,551-4,299-2,213
Stock-4,800-3,3503,596-60,474105,378000000000
Debtors-4,90634,938581,941-160,031-93,092182,165-27,46313,057142,69171,320-45,074-5,397123,87248,358
Creditors77,527-173,265408,384-25,231-86,560176,183-178,33957,51443,25686,437-60,258-39,107119,14671,842
Accruals and Deferred Income131,444-20,909-21,079-4,543-7,84531,21610,242101,172000000
Deferred Taxes & Provisions73,2490000000000000
Cash flow from operations777,91333,775-65,191191,843-2,08881,313-350,280256,060-78,25819,64935,00777,58712,59733,116
Investing Activities
capital expenditure-245,405-17,731-128,784-15,908-496,086-44,946-15,327-32,2590-18,071-9,932-9,454-9,244-19,181
Change in Investments00000000000000
cash flow from investments-245,405-17,731-128,784-15,908-496,086-44,946-15,327-32,2590-18,071-9,932-9,454-9,244-19,181
Financing Activities
Bank loans149,5925,41945,3912,50417,496000000000
Group/Directors Accounts-992-2,178-196,830-45,28236,9698,313200,0000000000
Other Short Term Loans 00000000000000
Long term loans-363,930-76,228352,25182,978327,771000000000
Hire Purchase and Lease Commitments29,461-22,58864,697-60,33744,93329,625-3,16910,036000000
other long term liabilities00000000000000
share issue0000000000000100
interest-58,007-55,070-38,160-23,506-10,6326984657653735634932587935
cash flow from financing-243,876-150,645227,349-43,643416,53738,636197,29610,80137356349325879135
cash and cash equivalents
cash288,631-134,60133,375132,291-81,63675,002-168,311234,602-77,8842,14125,56968,3913,43114,070
overdraft00000000000000
change in cash288,631-134,60133,375132,291-81,63675,002-168,311234,602-77,8842,14125,56968,3913,43114,070

enco 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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Enco Limited Competitor Analysis

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Perform a competitor analysis for enco limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HX5 area or any other competitors across 12 key performance metrics.

enco limited Ownership

ENCO LIMITED group structure

Enco Limited has no subsidiary companies.

Ultimate parent company

1 parent

ENCO LIMITED

06970654

ENCO LIMITED Shareholders

enco property holdings ltd 100%

enco limited directors

Enco Limited currently has 2 directors. The longest serving directors include Mr Jamie Moody (Jul 2009) and Miss Joanne Hart (Dec 2013).

officercountryagestartendrole
Mr Jamie MoodyEngland50 years Jul 2009- Director
Miss Joanne HartEngland50 years Dec 2013- Director

P&L

July 2023

turnover

3.1m

+8%

operating profit

564.1k

0%

gross margin

29.4%

-2.63%

turnover

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

Balance Sheet

July 2023

net assets

734.3k

+1.07%

total assets

2.1m

+0.29%

cash

415.1k

+2.28%

net assets

Total assets minus all liabilities

enco limited company details

company number

06970654

Type

Private limited with Share Capital

industry

25990 - Manufacture of other fabricated metal products n.e.c.

incorporation date

July 2009

age

15

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

previous names

N/A

last accounts submitted

July 2023

address

bridgefield works, bridgefield road, elland, west yorkshire, HX5 0SQ

accountant

-

auditor

-

enco 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 5 charges/mortgages relating to enco limited. Currently there are 4 open charges and 1 have been satisfied in the past.

charges

enco limited Companies House Filings - See Documents

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