Pomanda estimates the enterprise value of EL-GS LEASING ASSOCIATES LTD at £545.7k based on a Turnover of £1m and 0.53x industry multiple (adjusted for size and gross margin).
el-gs leasing associates ltdEstimated Valuation
£52.4k
Pomanda estimates the enterprise value of EL-GS LEASING ASSOCIATES LTD at £52.4k based on an EBITDA of £21.1k and a 2.48x industry multiple (adjusted for size and gross margin).
el-gs leasing associates ltdEstimated Valuation
£244.9k
Pomanda estimates the enterprise value of EL-GS LEASING ASSOCIATES LTD at £244.9k based on Net Assets of £106.7k and 2.3x industry multiple (adjusted for liquidity).
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El-gs Leasing Associates LtdOverview
El-gs Leasing Associates Ltd is a live company located in luton, LU1 2PL with a Companies House number of 08881363. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in February 2014, it's largest shareholder is
gondora wisdom kuziwa
with a 100% stake. El-gs Leasing Associates Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded El-Gs Leasing Associates Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £1m, make it smaller than the average company (£16m)
£1m - El-gs Leasing Associates Ltd
£16m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (8.4%)
30% - El-gs Leasing Associates Ltd
8.4% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (30.9%)
18.5% - El-gs Leasing Associates Ltd
30.9% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (11.7%)
2% - El-gs Leasing Associates Ltd
11.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - El-gs Leasing Associates Ltd
43 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
£42.5k - El-gs Leasing Associates Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£326.2k)
£1m - El-gs Leasing Associates Ltd
£326.2k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (34 days)
79 days - El-gs Leasing Associates Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (22 days)
133 days - El-gs Leasing Associates Ltd
22 days - Industry AVG
Stock Days
it holds stock equivalent to 110 days, this is more than average (11 days)
110 days - El-gs Leasing Associates Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (3 weeks)
0 weeks - El-gs Leasing Associates Ltd
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a similar level of debt than the average (79.1%)
82.8% - El-gs Leasing Associates Ltd
79.1% - Industry AVG
EL-GS LEASING ASSOCIATES LTD financials
EXPORT
El-Gs Leasing Associates Ltd's latest turnover from December 2023 is estimated at £1 million and the company has net assets of £106.7 thousand. According to their latest financial statements, El-Gs Leasing Associates Ltd has 1 employee and maintains cash reserves of £2.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Feb 2015
Turnover
1,036,067
450,461
318,085
466,691
783,311
650,143
760,464
463,404
256,783
105,505
Other Income Or Grants
Cost Of Sales
843,951
366,394
272,778
405,599
661,448
539,283
626,980
375,486
211,906
89,469
Gross Profit
192,116
84,067
45,308
61,092
121,863
110,860
133,484
87,918
44,877
16,036
Admin Expenses
170,983
37,151
54,953
49,266
116,377
95,155
126,904
69,170
26,944
-26,343
Operating Profit
21,133
46,916
-9,645
11,826
5,486
15,705
6,580
18,748
17,933
42,379
Interest Payable
Interest Receivable
535
461
174
66
6
3
28
57
21
Pre-Tax Profit
21,668
47,377
-9,471
11,891
5,493
15,707
6,580
18,776
17,990
42,400
Tax
-5,417
-9,002
-2,259
-1,044
-2,984
-1,250
-3,755
-3,598
-8,904
Profit After Tax
16,251
38,375
-9,471
9,632
4,449
12,723
5,330
15,021
14,392
33,496
Dividends Paid
Retained Profit
16,251
38,375
-9,471
9,632
4,449
12,723
5,330
15,021
14,392
33,496
Employee Costs
42,486
41,540
73,996
72,016
70,242
36,286
68,818
33,779
32,125
31,124
Number Of Employees
1
1
2
2
2
1
2
1
1
1
EBITDA*
21,133
46,916
-9,645
11,826
5,486
15,705
6,580
18,748
17,933
42,379
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Feb 2015
Tangible Assets
137,564
137,564
137,564
137,564
137,564
137,564
135,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
137,564
137,564
137,564
137,564
137,564
137,564
135,000
Stock & work in progress
256,150
290,950
278,500
229,968
245,551
198,350
48,230
44,600
Trade Debtors
225,206
11,600
2,244
21,274
56,949
46,831
113,059
107,427
21,429
7,293
Group Debtors
Misc Debtors
Cash
2,574
17,803
8,534
130,375
974
730
22,748
8,446
misc current assets
total current assets
483,930
320,353
289,278
381,617
303,474
245,911
113,059
107,427
92,407
60,339
total assets
621,494
457,917
426,842
519,181
441,038
383,475
248,059
107,427
92,407
60,339
Bank overdraft
Bank loan
Trade Creditors
308,817
156,600
49,287
127,288
239,238
243,434
212,516
77,314
78,014
26,842
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
308,817
156,600
49,287
127,288
239,238
243,434
212,516
77,314
78,014
26,842
loans
hp & lease commitments
Accruals and Deferred Income
800
700
other liabilities
205,974
210,865
325,478
330,345
149,884
92,574
provisions
total long term liabilities
205,974
210,865
325,478
330,345
149,884
92,574
800
700
total liabilities
514,791
367,465
374,765
457,633
389,122
336,008
213,316
78,014
78,014
26,842
net assets
106,703
90,452
52,077
61,548
51,916
47,467
34,743
29,413
14,393
33,497
total shareholders funds
106,703
90,452
52,077
61,548
51,916
47,467
34,743
29,413
14,393
33,497
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Feb 2015
Operating Activities
Operating Profit
21,133
46,916
-9,645
11,826
5,486
15,705
6,580
18,748
17,933
42,379
Depreciation
Amortisation
Tax
-5,417
-9,002
-2,259
-1,044
-2,984
-1,250
-3,755
-3,598
-8,904
Stock
-34,800
12,450
48,532
-15,583
47,201
198,350
-48,230
48,230
44,600
Debtors
213,606
9,356
-19,030
-35,675
10,118
-66,228
5,632
85,998
21,429
7,293
Creditors
152,217
107,313
-78,001
-111,950
-4,196
30,918
135,202
-700
78,014
26,842
Accruals and Deferred Income
-800
100
700
Deferred Taxes & Provisions
Cash flow from operations
-10,873
123,421
-117,148
-51,125
-57,073
-89,283
135,000
-22,775
22,690
8,424
Investing Activities
capital expenditure
-2,564
-135,000
Change in Investments
cash flow from investments
-2,564
-135,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,891
-114,613
-4,867
180,461
57,310
92,574
share issue
1
-1
1
1
interest
535
461
174
66
6
3
28
57
21
cash flow from financing
-4,356
-114,152
-4,693
180,527
57,316
92,578
27
58
22
cash and cash equivalents
cash
-15,229
9,269
-121,841
129,401
244
730
-22,748
22,748
8,446
overdraft
change in cash
-15,229
9,269
-121,841
129,401
244
730
-22,748
22,748
8,446
el-gs leasing associates 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 el-gs leasing associates ltd. Get real-time insights into el-gs leasing associates ltd's credit score, group structure and payment trends.
Perform a competitor analysis for el-gs leasing associates ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LU1 area or any other competitors across 12 key performance metrics.
el-gs leasing associates ltd Ownership
EL-GS LEASING ASSOCIATES LTD group structure
El-Gs Leasing Associates Ltd has no subsidiary companies.
Ultimate parent company
EL-GS LEASING ASSOCIATES LTD
08881363
EL-GS LEASING ASSOCIATES LTD Shareholders
The sole shareholder of El-Gs Leasing Associates Ltd is Gondora Wisdom Kuziwa.
gondora wisdom kuziwa
100%
el-gs leasing associates ltd directors
El-Gs Leasing Associates Ltd currently has 1 director, Mr Wisdom Gondora serving since Jan 2025.
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
64 alma street, luton, LU1 2PL
Bank
-
Legal Advisor
-
el-gs leasing associates 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 el-gs leasing associates ltd.
el-gs leasing associates 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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el-gs leasing associates ltdCompanies House Filings - See Documents
