Pomanda estimates the enterprise value of ERSG HOLDINGS LTD at £37.6m based on a Turnover of £166.6m and 0.23x industry multiple (adjusted for size and gross margin).
ersg holdings ltdEstimated Valuation
£7.5m
Pomanda estimates the enterprise value of ERSG HOLDINGS LTD at £7.5m based on an EBITDA of £1.5m and a 4.86x industry multiple (adjusted for size and gross margin).
ersg holdings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ERSG HOLDINGS LTD at £0 based on Net Assets of £-3.3m and 1.18x industry multiple (adjusted for liquidity).
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Ersg Holdings LtdOverview
Ersg Holdings Ltd is a live company located in bromley, BR1 1WA with a Companies House number of 09147252. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2014, it's largest shareholder is
peter paul flaherty
with a 32% stake. Ersg Holdings Ltd is a established,
mega sized company, Pomanda has estimated its turnover at
£166.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Ersg Holdings Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
5 Strong
0 Regular
6 Weak
Size
annual sales of £166.6m, make it larger than the average company (£10.7m)
£166.6m - Ersg Holdings Ltd
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.7%)
26% - Ersg Holdings Ltd
6.7% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (25.3%)
14.1% - Ersg Holdings Ltd
25.3% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (3.9%)
0.8% - Ersg Holdings Ltd
3.9% - Industry AVG
Employees
with 193 employees, this is above the industry average (45)
193 - Ersg Holdings Ltd
45 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has a higher pay structure (£57k)
£78.6k - Ersg Holdings Ltd
£57k - Industry AVG
Efficiency
resulting in sales per employee of £863.4k, this is more efficient (£186.1k)
£863.4k - Ersg Holdings Ltd
£186.1k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (45 days)
58 days - Ersg Holdings Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is slower than average (9 days)
13 days - Ersg Holdings Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ersg Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Ersg Holdings Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.8%, this is a higher level of debt than the average (67.3%)
107.8% - Ersg Holdings Ltd
67.3% - Industry AVG
ERSG HOLDINGS LTD financials
EXPORT
Ersg Holdings Ltd's latest turnover from December 2023 is £166.6 million and the company has net assets of -£3.3 million. According to their latest financial statements, Ersg Holdings Ltd has 193 employees and maintains cash reserves of £685 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Jul 2015
Turnover
166,627,000
153,879,000
114,697,000
82,947,000
105,129,000
74,704,000
61,075,000
40,740,000
Other Income Or Grants
Cost Of Sales
143,067,000
132,648,000
101,174,000
71,998,000
91,795,000
65,663,000
54,442,000
36,529,000
Gross Profit
23,560,000
21,231,000
13,523,000
10,949,000
13,334,000
9,041,000
6,633,000
4,211,000
Admin Expenses
22,288,000
20,718,000
14,231,000
7,981,000
12,216,000
6,754,000
5,174,000
3,557,000
Operating Profit
1,272,000
513,000
-708,000
2,968,000
1,118,000
2,287,000
1,459,000
654,000
Interest Payable
2,703,000
1,618,000
597,000
201,000
313,000
272,000
219,000
164,000
Interest Receivable
6,000
Pre-Tax Profit
-1,425,000
-1,105,000
-1,305,000
2,767,000
805,000
2,015,000
1,240,000
490,000
Tax
39,000
85,000
-1,137,000
-501,000
-96,000
-427,000
-268,000
-97,000
Profit After Tax
-1,386,000
-1,020,000
-2,442,000
2,266,000
709,000
1,588,000
972,000
393,000
Dividends Paid
922,000
364,000
1,068,000
572,000
313,000
180,000
Retained Profit
-1,386,000
-1,020,000
-3,364,000
1,902,000
-359,000
1,016,000
659,000
213,000
Employee Costs
15,169,000
14,797,000
10,399,000
7,005,000
8,527,000
4,644,000
3,625,000
2,301,000
Number Of Employees
193
200
123
111
97
58
58
43
EBITDA*
1,546,000
765,000
-574,000
3,040,000
1,204,000
2,326,000
1,491,000
687,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Jul 2015
Tangible Assets
618,000
835,000
785,000
176,000
149,000
117,000
81,000
54,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
618,000
835,000
785,000
176,000
149,000
117,000
81,000
54,000
Stock & work in progress
Trade Debtors
26,654,000
36,002,000
24,230,000
14,143,000
11,166,000
22,696,000
15,981,000
13,599,000
Group Debtors
Misc Debtors
14,714,000
14,149,000
13,494,000
6,629,000
5,064,000
684,000
230,000
84,000
Cash
685,000
629,000
1,799,000
752,000
747,000
667,000
380,000
63,000
1
misc current assets
total current assets
42,053,000
50,780,000
39,523,000
21,524,000
16,977,000
24,047,000
16,591,000
13,746,000
1
total assets
42,671,000
51,615,000
40,308,000
21,700,000
17,126,000
24,164,000
16,672,000
13,800,000
1
Bank overdraft
86,000
397,000
Bank loan
Trade Creditors
5,159,000
5,745,000
3,343,000
625,000
467,000
767,000
407,000
205,000
Group/Directors Accounts
100,000
other short term finances
23,419,000
900,000
10,211,000
10,211,000
8,556,000
13,490,000
9,101,000
7,641,000
hp & lease commitments
96,000
88,000
other current liabilities
16,890,000
42,633,000
24,216,000
6,770,000
5,837,000
7,319,000
5,583,000
4,963,000
total current liabilities
45,650,000
49,763,000
37,770,000
17,606,000
14,860,000
21,576,000
15,091,000
12,909,000
loans
160,000
858,000
1,000,000
hp & lease commitments
206,000
293,000
459,000
Accruals and Deferred Income
other liabilities
provisions
176,000
342,000
25,000
16,000
14,000
9,000
7,000
total long term liabilities
366,000
1,327,000
1,801,000
25,000
16,000
14,000
9,000
7,000
total liabilities
46,016,000
51,090,000
39,571,000
17,631,000
14,876,000
21,590,000
15,100,000
12,916,000
net assets
-3,345,000
525,000
737,000
4,069,000
2,250,000
2,574,000
1,572,000
884,000
1
total shareholders funds
-3,345,000
525,000
737,000
4,069,000
2,250,000
2,574,000
1,572,000
884,000
1
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Jul 2015
Operating Activities
Operating Profit
1,272,000
513,000
-708,000
2,968,000
1,118,000
2,287,000
1,459,000
654,000
Depreciation
274,000
252,000
134,000
72,000
86,000
39,000
32,000
33,000
Amortisation
Tax
39,000
85,000
-1,137,000
-501,000
-96,000
-427,000
-268,000
-97,000
Stock
Debtors
-8,783,000
12,427,000
16,952,000
4,542,000
-7,150,000
7,169,000
2,528,000
13,683,000
Creditors
-586,000
2,402,000
2,718,000
158,000
-300,000
360,000
202,000
205,000
Accruals and Deferred Income
-25,743,000
18,417,000
17,446,000
933,000
-1,482,000
1,736,000
620,000
4,963,000
Deferred Taxes & Provisions
-176,000
-166,000
317,000
9,000
2,000
5,000
2,000
7,000
Cash flow from operations
-16,137,000
9,076,000
1,818,000
-903,000
6,478,000
-3,169,000
-481,000
-7,918,000
Investing Activities
capital expenditure
-75,000
-59,000
-17,000
Change in Investments
cash flow from investments
-75,000
-59,000
-17,000
Financing Activities
Bank loans
Group/Directors Accounts
-100,000
100,000
Other Short Term Loans
22,519,000
-9,311,000
1,655,000
-4,934,000
4,389,000
1,460,000
7,641,000
Long term loans
-698,000
-142,000
1,000,000
Hire Purchase and Lease Commitments
-79,000
-78,000
459,000
other long term liabilities
share issue
-2,484,000
808,000
32,000
-83,000
35,000
-14,000
29,000
670,999
1
interest
-2,697,000
-1,618,000
-597,000
-201,000
-313,000
-272,000
-219,000
-164,000
cash flow from financing
16,561,000
-10,341,000
894,000
1,371,000
-5,212,000
4,103,000
1,170,000
8,247,999
1
cash and cash equivalents
cash
56,000
-1,170,000
1,047,000
5,000
80,000
287,000
317,000
62,999
1
overdraft
-311,000
397,000
change in cash
367,000
-1,567,000
1,047,000
5,000
80,000
287,000
317,000
62,999
1
ersg holdings 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 ersg holdings ltd. Get real-time insights into ersg holdings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ersg holdings ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in BR1 area or any other competitors across 12 key performance metrics.
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
December 2023
previous names
ersg energy limited (April 2016)
accountant
-
auditor
SAFFERY LLP
address
8th floor, north tower, 26, elmfield road, bromley, BR1 1WA
Bank
-
Legal Advisor
-
ersg holdings 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 found 3 charges/mortgages relating to ersg holdings ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
ersg holdings 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.
Click to start generating capital raising & share issue transactions for ERSG HOLDINGS LTD. This can take several minutes, an email will notify you when this has completed.
ersg holdings ltdCompanies House Filings - See Documents
