john errington associates limited
john errington associates limited Company Information
Company Number
09015537
Next Accounts
98 days late
Shareholders
john freeman errington
james edward mawle
Group Structure
View All
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Registered Address
11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ
Website
www.erringtonimmigration.comjohn errington associates limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN ERRINGTON ASSOCIATES LIMITED at £197.2k based on a Turnover of £418.7k and 0.47x industry multiple (adjusted for size and gross margin).
john errington associates limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN ERRINGTON ASSOCIATES LIMITED at £0 based on an EBITDA of £-115.1k and a 2.72x industry multiple (adjusted for size and gross margin).
john errington associates limited Estimated Valuation
Pomanda estimates the enterprise value of JOHN ERRINGTON ASSOCIATES LIMITED at £0 based on Net Assets of £-646k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
John Errington Associates Limited Overview
John Errington Associates Limited is a live company located in droitwich spa, WR9 9AJ with a Companies House number of 09015537. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in April 2014, it's largest shareholder is john freeman errington with a 50% stake. John Errington Associates Limited is a established, micro sized company, Pomanda has estimated its turnover at £418.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
John Errington Associates Limited Health Check
Pomanda's financial health check has awarded John Errington Associates Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £418.7k, make it smaller than the average company (£591k)
- John Errington Associates Limited
£591k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (9.2%)
- John Errington Associates Limited
9.2% - Industry AVG
Production
with a gross margin of 32%, this company has a higher cost of product (65.1%)
- John Errington Associates Limited
65.1% - Industry AVG
Profitability
an operating margin of -27.6% make it less profitable than the average company (14.4%)
- John Errington Associates Limited
14.4% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
6 - John Errington Associates Limited
7 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)
- John Errington Associates Limited
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £69.8k, this is equally as efficient (£74.5k)
- John Errington Associates Limited
£74.5k - Industry AVG
Debtor Days
it gets paid by customers after 175 days, this is later than average (44 days)
- John Errington Associates Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 402 days, this is slower than average (25 days)
- John Errington Associates Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- John Errington Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (28 weeks)
4 weeks - John Errington Associates Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 321.5%, this is a higher level of debt than the average (49.7%)
321.5% - John Errington Associates Limited
49.7% - Industry AVG
JOHN ERRINGTON ASSOCIATES LIMITED financials
John Errington Associates Limited's latest turnover from March 2023 is estimated at £418.7 thousand and the company has net assets of -£646 thousand. According to their latest financial statements, John Errington Associates Limited has 6 employees and maintains cash reserves of £26.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 8 | 7 | 9 | 9 | 9 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,215 | 1,620 | 1,827 | 958 | 1,653 | 1,212 | 1,377 | 1,705 | 931 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 1,215 | 1,620 | 1,827 | 958 | 1,653 | 1,212 | 1,377 | 1,705 | 931 |
| Stock & work in progress | |||||||||
| Trade Debtors | 200,763 | 173,434 | 219,989 | 212,742 | 312,506 | 177,021 | 132,018 | 89,689 | 36,074 |
| Group Debtors | |||||||||
| Misc Debtors | 62,933 | 46,299 | 17,571 | ||||||
| Cash | 26,773 | 117,564 | 3,092 | 16,123 | 28,789 | 26,301 | |||
| misc current assets | 24,356 | 10,356 | |||||||
| total current assets | 290,469 | 337,297 | 219,989 | 212,742 | 315,598 | 210,715 | 132,018 | 142,834 | 72,731 |
| total assets | 291,684 | 338,917 | 221,816 | 213,700 | 317,251 | 211,927 | 133,395 | 144,539 | 73,662 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 313,724 | 293,521 | 221,372 | 156,690 | 100,743 | 80,117 | 147,776 | 108,779 | 55,687 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 313,724 | 293,521 | 221,372 | 156,690 | 100,743 | 80,117 | 147,776 | 108,779 | 55,687 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 623,950 | 578,950 | 613,950 | 678,950 | 678,950 | 678,950 | 643,950 | 643,950 | 329,950 |
| provisions | |||||||||
| total long term liabilities | 623,950 | 578,950 | 613,950 | 678,950 | 678,950 | 678,950 | 643,950 | 643,950 | 329,950 |
| total liabilities | 937,674 | 872,471 | 835,322 | 835,640 | 779,693 | 759,067 | 791,726 | 752,729 | 385,637 |
| net assets | -645,990 | -533,554 | -613,506 | -621,940 | -462,442 | -547,140 | -658,331 | -608,190 | -311,975 |
| total shareholders funds | -645,990 | -533,554 | -613,506 | -621,940 | -462,442 | -547,140 | -658,331 | -608,190 | -311,975 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 404 | 695 | 1,058 | 994 | 671 | 310 | |||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 43,963 | -256 | 7,247 | -99,764 | 117,914 | 62,574 | 42,329 | 53,615 | 36,074 |
| Creditors | 20,203 | 72,149 | 64,682 | 55,947 | 20,626 | -67,659 | 38,997 | 53,092 | 55,687 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 45,000 | -35,000 | -65,000 | 35,000 | 314,000 | 329,950 | |||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -90,791 | 117,564 | -3,092 | -13,031 | 16,123 | -28,789 | 2,488 | 26,301 | |
| overdraft | |||||||||
| change in cash | -90,791 | 117,564 | -3,092 | -13,031 | 16,123 | -28,789 | 2,488 | 26,301 |
john errington associates limited Credit Report and Business Information
John Errington Associates Limited Competitor Analysis
Perform a competitor analysis for john errington associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WR9 area or any other competitors across 12 key performance metrics.
john errington associates limited Ownership
JOHN ERRINGTON ASSOCIATES LIMITED group structure
John Errington Associates Limited has no subsidiary companies.
Ultimate parent company
JOHN ERRINGTON ASSOCIATES LIMITED
09015537
john errington associates limited directors
John Errington Associates Limited currently has 2 directors. The longest serving directors include Mr James Mawle (Apr 2014) and Mr John Errington (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Mawle | England | 55 years | Apr 2014 | - | Director |
| Mr John Errington | England | 54 years | Apr 2014 | - | Director |
P&L
March 2023turnover
418.7k
-12%
operating profit
-115.5k
0%
gross margin
32.1%
+11.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-646k
+0.21%
total assets
291.7k
-0.14%
cash
26.8k
-0.77%
net assets
Total assets minus all liabilities
john errington associates limited company details
company number
09015537
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ
Bank
-
Legal Advisor
-
john errington associates 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 john errington associates limited.
john errington associates 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.
Click to start generating capital raising & share issue transactions for JOHN ERRINGTON ASSOCIATES LIMITED. This can take several minutes, an email will notify you when this has completed.
john errington associates limited Companies House Filings - See Documents
| date | description | view/download |
|---|
