Manufacture of other parts and accessories for motor vehicles
Registered Address
5 hildred court, high street, ramsey, huntingdon, cambridgeshire, PE26 1UL
Website
-
erc composites ltdEstimated Valuation
£7.3k
Pomanda estimates the enterprise value of ERC COMPOSITES LTD at £7.3k based on a Turnover of £33.5k and 0.22x industry multiple (adjusted for size and gross margin).
erc composites ltdEstimated Valuation
£2
Pomanda estimates the enterprise value of ERC COMPOSITES LTD at £2 based on an EBITDA of £1 and a 2.03x industry multiple (adjusted for size and gross margin).
erc composites ltdEstimated Valuation
£1
Pomanda estimates the enterprise value of ERC COMPOSITES LTD at £1 based on Net Assets of £1 and 1.58x industry multiple (adjusted for liquidity).
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Erc Composites LtdOverview
Erc Composites Ltd is a live company located in huntingdon, PE26 1UL with a Companies House number of 08262351. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in October 2012, it's largest shareholder is
paul heath
with a 100% stake. Erc Composites Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£33.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Erc Composites Ltd 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 Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £33.5k, make it smaller than the average company (£16.6m)
£33.5k - Erc Composites Ltd
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (9.1%)
-11% - Erc Composites Ltd
9.1% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (18.8%)
12.5% - Erc Composites Ltd
18.8% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4%)
0% - Erc Composites Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (95)
1 - Erc Composites Ltd
95 - Industry AVG
Pay Structure
on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)
£37.9k - Erc Composites Ltd
£37.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.5k, this is less efficient (£145.7k)
£33.5k - Erc Composites Ltd
£145.7k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (49 days)
24 days - Erc Composites Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (28 days)
17 days - Erc Composites Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Erc Composites Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Erc Composites Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (66.5%)
100% - Erc Composites Ltd
66.5% - Industry AVG
ERC COMPOSITES LTD financials
EXPORT
Erc Composites Ltd's latest turnover from February 2025 is estimated at £33.5 thousand and the company has net assets of £1. According to their latest financial statements, Erc Composites Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2025
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Turnover
33,489
43,249
47,982
31,686
40,156
35,067
99,360
4
2,799
24,648
45,215
Other Income Or Grants
Cost Of Sales
29,321
37,793
42,810
28,929
36,000
31,320
87,856
4
2,456
21,504
39,414
Gross Profit
4,168
5,456
5,171
2,757
4,157
3,747
11,503
1
343
3,144
5,801
Admin Expenses
4,167
4,087
4,124
2,766
3,498
4,662
13,179
4,288
-5,167
-280
4,826
1,764
Operating Profit
1
1,369
1,047
-9
659
-915
-1,676
-4,287
5,167
623
-1,682
4,037
Interest Payable
49
49
Interest Receivable
3
26
21
19
34
68
45
Pre-Tax Profit
1
1,369
1,047
-9
659
-961
-1,700
-4,266
5,186
658
-1,614
4,082
Tax
-342
-199
-125
-1,037
-131
-939
Profit After Tax
1
1,027
848
-9
534
-961
-1,700
-4,266
4,149
526
-1,614
3,143
Dividends Paid
Retained Profit
1
1,027
848
-9
534
-961
-1,700
-4,266
4,149
526
-1,614
3,143
Employee Costs
37,864
39,728
37,673
35,133
36,110
33,881
35,463
34,354
31,780
30,645
30,201
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
1
1,369
1,047
-9
659
-915
-1,411
-3,956
5,422
943
-1,282
4,537
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2025
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Tangible Assets
220
274
343
429
535
1,062
1,327
1,658
1,280
1,600
2,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
220
274
343
429
535
1,062
1,327
1,658
1,280
1,600
2,000
Stock & work in progress
Trade Debtors
2,227
4,876
6,015
1,931
3,245
1,507
1,048
1,048
1,710
Group Debtors
Misc Debtors
1,208
1,832
Cash
762
6,103
10,824
4,527
9,183
17,977
misc current assets
261
total current assets
2,227
4,876
7,223
3,763
3,245
1,507
2,342
6,103
10,824
5,575
10,231
19,687
total assets
2,227
5,096
7,497
4,106
3,674
2,042
3,404
7,430
12,482
6,855
11,831
21,687
Bank overdraft
Bank loan
Trade Creditors
1,373
1,713
5,141
2,598
3,863
2,765
1
1
10,301
18,543
Group/Directors Accounts
other short term finances
1,459
hp & lease commitments
other current liabilities
5,490
6,277
4,798
total current liabilities
1,373
1,713
5,141
2,598
3,863
2,765
3,165
5,491
6,277
4,799
10,301
18,543
loans
hp & lease commitments
Accruals and Deferred Income
853
1,706
1,706
1,706
other liabilities
provisions
total long term liabilities
853
1,706
1,706
1,706
total liabilities
2,226
3,419
6,847
4,304
3,863
2,765
3,165
5,491
6,277
4,799
10,301
18,543
net assets
1
1,677
650
-198
-189
-723
239
1,939
6,205
2,056
1,530
3,144
total shareholders funds
1
1,677
650
-198
-189
-723
239
1,939
6,205
2,056
1,530
3,144
Feb 2025
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Operating Activities
Operating Profit
1
1,369
1,047
-9
659
-915
-1,676
-4,287
5,167
623
-1,682
4,037
Depreciation
265
331
255
320
400
500
Amortisation
Tax
-342
-199
-125
-1,037
-131
-939
Stock
Debtors
2,227
-2,347
3,460
518
1,738
1,507
-1,048
-662
1,710
Creditors
1,373
-3,428
2,543
-1,265
1,098
2,765
-1
1
-1
-10,300
-8,242
18,543
Accruals and Deferred Income
853
1,706
-5,490
-787
1,479
4,798
Deferred Taxes & Provisions
Cash flow from operations
-54
-69
-86
-106
343
-6,902
-4,742
6,911
-4,690
-8,862
20,431
Investing Activities
capital expenditure
54
69
86
106
527
-633
-2,500
Change in Investments
cash flow from investments
54
69
86
106
527
-633
-2,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-1,459
1,459
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
-46
-23
21
19
34
68
45
cash flow from financing
-1,506
1,436
21
19
34
68
46
cash and cash equivalents
cash
-762
-5,341
-4,721
6,297
-4,656
-8,794
17,977
overdraft
change in cash
-762
-5,341
-4,721
6,297
-4,656
-8,794
17,977
erc composites ltd 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 erc composites ltd. Get real-time insights into erc composites ltd's credit score, group structure and payment trends.
Perform a competitor analysis for erc composites ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PE26 area or any other competitors across 12 key performance metrics.
erc composites ltd Ownership
ERC COMPOSITES LTD group structure
Erc Composites Ltd has no subsidiary companies.
Ultimate parent company
ERC COMPOSITES LTD
08262351
ERC COMPOSITES LTD Shareholders
The sole shareholder of Erc Composites Ltd is Paul Heath.
paul heath
100%
erc composites ltd directors
Erc Composites Ltd currently has 1 director, Mr Paul Heath serving since Oct 2012.
29320 - Manufacture of other parts and accessories for motor vehicles
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2025
previous names
N/A
accountant
-
auditor
-
address
5 hildred court, high street, ramsey, huntingdon, cambridgeshire, PE26 1UL
Bank
-
Legal Advisor
-
erc composites ltd 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 erc composites ltd.
erc composites ltd 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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erc composites ltdCompanies House Filings - See Documents
