ersh technologies limited

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ersh technologies limited Company Information

Share ERSH TECHNOLOGIES LIMITED

Company Number

08140899

Shareholders

farhana hoque

ershadul hoque

Group Structure

View All

Industry

Computer consultancy activities

 

Registered Address

21 homerton road, luton, LU3 2UL

Website

-

ersh technologies limited Estimated Valuation

£46.4k

Pomanda estimates the enterprise value of ERSH TECHNOLOGIES LIMITED at £46.4k based on a Turnover of £90k and 0.52x industry multiple (adjusted for size and gross margin).

ersh technologies limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ERSH TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-1.5k and a 3.63x industry multiple (adjusted for size and gross margin).

ersh technologies limited Estimated Valuation

£2.4k

Pomanda estimates the enterprise value of ERSH TECHNOLOGIES LIMITED at £2.4k based on Net Assets of £1.1k and 2.29x industry multiple (adjusted for liquidity).

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Ersh Technologies Limited Overview

Ersh Technologies Limited is a live company located in luton, LU3 2UL with a Companies House number of 08140899. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2012, it's largest shareholder is farhana hoque with a 50% stake. Ersh Technologies Limited is a established, micro sized company, Pomanda has estimated its turnover at £90k with declining growth in recent years.

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Ersh Technologies Limited Health Check

Pomanda's financial health check has awarded Ersh Technologies Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £90k, make it smaller than the average company (£1.2m)

£90k - Ersh Technologies Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.3%)

-13% - Ersh Technologies Limited

6.3% - Industry AVG

production

Production

with a gross margin of 26.2%, this company has a higher cost of product (48.9%)

26.2% - Ersh Technologies Limited

48.9% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (6.8%)

-1.6% - Ersh Technologies Limited

6.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Ersh Technologies Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.7k, the company has an equivalent pay structure (£56.7k)

£56.7k - Ersh Technologies Limited

£56.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90k, this is less efficient (£125.3k)

£90k - Ersh Technologies Limited

£125.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 157 days, this is later than average (65 days)

157 days - Ersh Technologies Limited

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (29 days)

101 days - Ersh Technologies Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ersh Technologies Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ersh Technologies Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.2%, this is a higher level of debt than the average (57.8%)

97.2% - Ersh Technologies Limited

57.8% - Industry AVG

ERSH TECHNOLOGIES LIMITED financials

EXPORTms excel logo

Ersh Technologies Limited's latest turnover from July 2023 is estimated at £90 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Ersh Technologies Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Turnover90,048106,998124,184138,876165,171134,95465,36533,57836,92940,48329,540
Other Income Or Grants
Cost Of Sales66,49176,99992,03598,065117,44996,29245,67422,49725,37627,46719,330
Gross Profit23,55729,99932,14940,81147,72238,66219,69011,08111,55313,01610,211
Admin Expenses25,01735,45739,71387,48231,4972,894-4,82223,7293,4436,0839,534
Operating Profit-1,460-5,458-7,564-46,67116,22535,76824,512-12,6488,1106,933677
Interest Payable
Interest Receivable112219112452
Pre-Tax Profit-1,460-5,458-7,564-46,67116,22535,76824,514-12,5268,3017,057730
Tax-3,083-6,796-4,658-1,660-1,482-168
Profit After Tax-1,460-5,458-7,564-46,67113,14228,97219,856-12,5266,6415,575562
Dividends Paid
Retained Profit-1,460-5,458-7,564-46,67113,14228,97219,856-12,5266,6415,575562
Employee Costs56,66853,00096,95090,782103,12154,18752,65857,25657,23957,30953,777
Number Of Employees11222111111
EBITDA*-1,460-5,458-7,564-46,67116,22535,76824,512-12,2318,3397,162906

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Tangible Assets6001,2001,874146563230459688
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6001,2001,874146563230459688
Stock & work in progress
Trade Debtors38,76050,22644,00570,78880,97365,71729,5529,2406,500
Group Debtors
Misc Debtors1,500
Cash1,16747,68128,75120,974
misc current assets8,294
total current assets38,76050,22652,29970,78880,97365,71729,55210,40754,18130,25120,974
total assets38,76050,22652,29971,38882,17367,59129,69810,97054,41130,71021,662
Bank overdraft
Bank loan
Trade Creditors 18,41218,9145,04719,17117,7318,82210,61841,53324,47321,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities18,41218,9145,04719,17117,7318,82210,61841,53324,47321,000
loans
hp & lease commitments
Accruals and Deferred Income480480550790780780768
other liabilities18,79928,30343,76250,000
provisions
total long term liabilities19,27928,78344,31250,790780780768
total liabilities37,69147,69744,31255,83719,95118,5119,59010,61841,53324,47321,000
net assets1,0692,5297,98715,55162,22249,08020,10835212,8786,237662
total shareholders funds1,0692,5297,98715,55162,22249,08020,10835212,8786,237662
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Operating Activities
Operating Profit-1,460-5,458-7,564-46,67116,22535,76824,512-12,6488,1106,933677
Depreciation417229229229
Amortisation
Tax-3,083-6,796-4,658-1,660-1,482-168
Stock
Debtors-11,4666,221-26,783-10,18515,25636,16520,3122,7405,0001,500
Creditors-50218,914-5,047-14,1241,4408,909-1,796-30,91517,0603,47321,000
Accruals and Deferred Income-70-2401012768
Deferred Taxes & Provisions
Cash flow from operations9,5047,16513,932-50,600-6741,728-1,486-45,88618,7397,65321,738
Investing Activities
capital expenditure600600674-1,728417-750-917
Change in Investments
cash flow from investments600600674-1,728417-750-917
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,504-15,459-6,23850,000
share issue-100100
interest112219112452
cash flow from financing-9,504-15,459-6,23850,000-99122191124152
cash and cash equivalents
cash-1,167-46,51418,9307,77720,974
overdraft
change in cash-1,167-46,51418,9307,77720,974

ersh technologies 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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Ersh Technologies Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ersh technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LU3 area or any other competitors across 12 key performance metrics.

ersh technologies limited Ownership

ERSH TECHNOLOGIES LIMITED group structure

Ersh Technologies Limited has no subsidiary companies.

Ultimate parent company

ERSH TECHNOLOGIES LIMITED

08140899

ERSH TECHNOLOGIES LIMITED Shareholders

farhana hoque 50%
ershadul hoque 50%

ersh technologies limited directors

Ersh Technologies Limited currently has 1 director, Mr Ershadul Hoque serving since Jul 2012.

officercountryagestartendrole
Mr Ershadul HoqueEngland43 years Jul 2012- Director

P&L

July 2023

turnover

90k

-16%

operating profit

-1.5k

0%

gross margin

26.2%

-6.69%

turnover

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

Balance Sheet

July 2023

net assets

1.1k

-0.58%

total assets

38.8k

-0.23%

cash

0

0%

net assets

Total assets minus all liabilities

ersh technologies limited company details

company number

08140899

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

July 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

21 homerton road, luton, LU3 2UL

Bank

-

Legal Advisor

-

ersh technologies 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 ersh technologies limited.

ersh technologies 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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ersh technologies limited Companies House Filings - See Documents

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