easigrass distribution limited
easigrass distribution limited Company Information
Company Number
07144023
Next Accounts
Nov 2025
Shareholders
easigrass holdings limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
gable house, 239 regents park road, london, N3 3LF
Website
www.easigrass.comeasigrass distribution limited Estimated Valuation
Pomanda estimates the enterprise value of EASIGRASS DISTRIBUTION LIMITED at £3.9m based on a Turnover of £6.1m and 0.63x industry multiple (adjusted for size and gross margin).
easigrass distribution limited Estimated Valuation
Pomanda estimates the enterprise value of EASIGRASS DISTRIBUTION LIMITED at £310.9k based on an EBITDA of £67k and a 4.64x industry multiple (adjusted for size and gross margin).
easigrass distribution limited Estimated Valuation
Pomanda estimates the enterprise value of EASIGRASS DISTRIBUTION LIMITED at £2.7m based on Net Assets of £1.3m and 2.13x industry multiple (adjusted for liquidity).
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Easigrass Distribution Limited Overview
Easigrass Distribution Limited is a live company located in london, N3 3LF with a Companies House number of 07144023. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2010, it's largest shareholder is easigrass holdings limited with a 100% stake. Easigrass Distribution Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.1m with low growth in recent years.
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Easigrass Distribution Limited Health Check
Pomanda's financial health check has awarded Easigrass Distribution Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £6.1m, make it larger than the average company (£4m)
- Easigrass Distribution Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.1%)
- Easigrass Distribution Limited
8.1% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)
- Easigrass Distribution Limited
38.5% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.6%)
- Easigrass Distribution Limited
5.6% - Industry AVG
Employees
with 38 employees, this is above the industry average (24)
38 - Easigrass Distribution Limited
24 - Industry AVG
Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£49.9k)
- Easigrass Distribution Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £161.1k, this is equally as efficient (£153.8k)
- Easigrass Distribution Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (39 days)
- Easigrass Distribution Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (33 days)
- Easigrass Distribution Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 184 days, this is more than average (29 days)
- Easigrass Distribution Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (24 weeks)
11 weeks - Easigrass Distribution Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (60.7%)
58.9% - Easigrass Distribution Limited
60.7% - Industry AVG
EASIGRASS DISTRIBUTION LIMITED financials
Easigrass Distribution Limited's latest turnover from February 2024 is estimated at £6.1 million and the company has net assets of £1.3 million. According to their latest financial statements, Easigrass Distribution Limited has 38 employees and maintains cash reserves of £306.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 38 | 43 | 51 | 45 | 45 | 45 | 41 | 31 | 26 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,808 | |||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 26,808 | |||||||||||||
| Stock & work in progress | 1,903,898 | 1,924,300 | 1,425,924 | 1,126,719 | 975,312 | 814,872 | 832,967 | 512,749 | 307,721 | 331,451 | 158,429 | 205,509 | 288,565 | 99,180 |
| Trade Debtors | 549,491 | 913,408 | 451,314 | 342,808 | 329,358 | 204,886 | 325,180 | 124,502 | 206,294 | 772,615 | 616,401 | 396,799 | 288,375 | 29,723 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 341,354 | 664,782 | 638,711 | 202,361 | 33,707 | 95,857 | 247,838 | 386,209 | ||||||
| Cash | 306,868 | 470,479 | 823,377 | 1,385,874 | 177,132 | 374,111 | 266,930 | 237,428 | 240,307 | 268,932 | 560,743 | 131,880 | 121,397 | 79,169 |
| misc current assets | ||||||||||||||
| total current assets | 3,101,611 | 3,972,969 | 3,339,326 | 3,057,762 | 1,515,509 | 1,393,869 | 1,520,934 | 1,122,517 | 1,140,531 | 1,372,998 | 1,335,573 | 734,188 | 698,337 | 208,072 |
| total assets | 3,101,611 | 3,972,969 | 3,339,326 | 3,057,762 | 1,515,509 | 1,393,869 | 1,520,934 | 1,122,517 | 1,140,531 | 1,372,998 | 1,335,573 | 734,188 | 698,337 | 234,880 |
| Bank overdraft | ||||||||||||||
| Bank loan | 140,000 | 140,000 | ||||||||||||
| Trade Creditors | 823,309 | 1,395,015 | 780,527 | 1,354,352 | 1,018,428 | 898,393 | 1,122,767 | 681,045 | 689,828 | 1,056,492 | 950,716 | 621,079 | 229,580 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 395,158 | 580,033 | 579,532 | 739,690 | 268,429 | 279,454 | 190,269 | 208,986 | 196,523 | |||||
| total current liabilities | 1,358,467 | 2,115,048 | 1,360,059 | 2,094,042 | 1,286,857 | 1,177,847 | 1,313,036 | 890,031 | 886,351 | 1,056,492 | 950,716 | 621,079 | 229,580 | |
| loans | 268,334 | 408,333 | 688,333 | 700,000 | ||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 652,254 | ||
| provisions | ||||||||||||||
| total long term liabilities | 466,803 | 606,802 | 886,802 | 898,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 198,469 | 652,254 | ||
| total liabilities | 1,825,270 | 2,721,850 | 2,246,861 | 2,992,511 | 1,485,326 | 1,376,316 | 1,511,505 | 1,088,500 | 1,084,820 | 1,254,961 | 1,149,185 | 621,079 | 652,254 | 229,580 |
| net assets | 1,276,341 | 1,251,119 | 1,092,465 | 65,251 | 30,183 | 17,553 | 9,429 | 34,017 | 55,711 | 118,037 | 186,388 | 113,109 | 46,083 | 5,300 |
| total shareholders funds | 1,276,341 | 1,251,119 | 1,092,465 | 65,251 | 30,183 | 17,553 | 9,429 | 34,017 | 55,711 | 118,037 | 186,388 | 113,109 | 46,083 | 5,300 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,483 | |||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -20,402 | 498,376 | 299,205 | 151,407 | 160,440 | -18,095 | 320,218 | 205,028 | -23,730 | 173,022 | -47,080 | -83,056 | 189,385 | 99,180 |
| Debtors | -687,345 | 488,165 | 544,856 | 182,104 | 158,179 | -216,151 | 48,697 | -220,163 | -180,112 | 156,214 | 219,602 | 108,424 | 258,652 | 29,723 |
| Creditors | -571,706 | 614,488 | -573,825 | 335,924 | 120,035 | -224,374 | 441,722 | -8,783 | -366,664 | 105,776 | 329,637 | 621,079 | -229,580 | 229,580 |
| Accruals and Deferred Income | -184,875 | 501 | -160,158 | 471,261 | -11,025 | 89,185 | -18,717 | 12,463 | 196,523 | |||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 140,000 | |||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -139,999 | -280,000 | -11,667 | 700,000 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | 198,469 | -652,254 | 652,254 | |||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -163,611 | -352,898 | -562,497 | 1,208,742 | -196,979 | 107,181 | 29,502 | -2,879 | -28,625 | -291,811 | 428,863 | 10,483 | 42,228 | 79,169 |
| overdraft | ||||||||||||||
| change in cash | -163,611 | -352,898 | -562,497 | 1,208,742 | -196,979 | 107,181 | 29,502 | -2,879 | -28,625 | -291,811 | 428,863 | 10,483 | 42,228 | 79,169 |
easigrass distribution limited Credit Report and Business Information
Easigrass Distribution Limited Competitor Analysis
Perform a competitor analysis for easigrass distribution limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in N 3 area or any other competitors across 12 key performance metrics.
easigrass distribution limited Ownership
EASIGRASS DISTRIBUTION LIMITED group structure
Easigrass Distribution Limited has no subsidiary companies.
Ultimate parent company
1 parent
EASIGRASS DISTRIBUTION LIMITED
07144023
easigrass distribution limited directors
Easigrass Distribution Limited currently has 2 directors. The longest serving directors include Mr Anthony Gallagher (Feb 2010) and Mr Jonathan Gallagher (Oct 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Gallagher | England | 61 years | Feb 2010 | - | Director |
| Mr Jonathan Gallagher | 59 years | Oct 2013 | - | Director |
P&L
February 2024turnover
6.1m
-25%
operating profit
67k
0%
gross margin
38.6%
-1.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1.3m
+0.02%
total assets
3.1m
-0.22%
cash
306.9k
-0.35%
net assets
Total assets minus all liabilities
easigrass distribution limited company details
company number
07144023
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
SPW (UK) LLP
auditor
-
address
gable house, 239 regents park road, london, N3 3LF
Bank
-
Legal Advisor
-
easigrass distribution 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 1 charges/mortgages relating to easigrass distribution limited. Currently there are 1 open charges and 0 have been satisfied in the past.
easigrass distribution 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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easigrass distribution limited Companies House Filings - See Documents
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