erg chigaga limited
erg chigaga limited Company Information
Company Number
09191661
Next Accounts
May 2025
Shareholders
john nicholas garsten
Group Structure
View All
Industry
Travel agency activities
Registered Address
31a holly bush lane, sevenoaks, kent, TN13 3TJ
Website
www.desertcampmorocco.comerg chigaga limited Estimated Valuation
Pomanda estimates the enterprise value of ERG CHIGAGA LIMITED at £53.6k based on a Turnover of £89.3k and 0.6x industry multiple (adjusted for size and gross margin).
erg chigaga limited Estimated Valuation
Pomanda estimates the enterprise value of ERG CHIGAGA LIMITED at £73.1k based on an EBITDA of £25.2k and a 2.9x industry multiple (adjusted for size and gross margin).
erg chigaga limited Estimated Valuation
Pomanda estimates the enterprise value of ERG CHIGAGA LIMITED at £0 based on Net Assets of £-16.5k and 2.24x industry multiple (adjusted for liquidity).
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Erg Chigaga Limited Overview
Erg Chigaga Limited is a live company located in kent, TN13 3TJ with a Companies House number of 09191661. It operates in the travel agency activities sector, SIC Code 79110. Founded in August 2014, it's largest shareholder is john nicholas garsten with a 100% stake. Erg Chigaga Limited is a established, micro sized company, Pomanda has estimated its turnover at £89.3k with declining growth in recent years.
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Erg Chigaga Limited Health Check
Pomanda's financial health check has awarded Erg Chigaga Limited a 1.5 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
1 Strong
1 Regular
8 Weak
Size
annual sales of £89.3k, make it smaller than the average company (£9.8m)
- Erg Chigaga Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (-2.1%)
- Erg Chigaga Limited
-2.1% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (23.9%)
- Erg Chigaga Limited
23.9% - Industry AVG
Profitability
an operating margin of 28.3% make it more profitable than the average company (3.5%)
- Erg Chigaga Limited
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Erg Chigaga Limited
28 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Erg Chigaga Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £44.6k, this is less efficient (£272.8k)
- Erg Chigaga Limited
£272.8k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (34 days)
- Erg Chigaga Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
- Erg Chigaga Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Erg Chigaga Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Erg Chigaga Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 186%, this is a higher level of debt than the average (79.8%)
186% - Erg Chigaga Limited
79.8% - Industry AVG
ERG CHIGAGA LIMITED financials
Erg Chigaga Limited's latest turnover from August 2023 is estimated at £89.3 thousand and the company has net assets of -£16.5 thousand. According to their latest financial statements, Erg Chigaga Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 19,126 | 8,889 | 7,691 | 35,992 | 20,411 | 13,215 | 1,052 | 100 | 100 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 3,826 | 6,365 | |||||||
| misc current assets | |||||||||
| total current assets | 19,126 | 8,889 | 7,691 | 35,992 | 20,411 | 13,215 | 1,052 | 3,926 | 6,465 |
| total assets | 19,126 | 8,889 | 7,691 | 35,992 | 20,411 | 13,215 | 1,052 | 3,926 | 6,465 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,496 | 5,608 | 35,039 | 4,456 | 1,996 | 13,023 | 4,694 | 12,227 | 12,835 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 14,000 | 14,000 | 14,000 | ||||||
| total current liabilities | 1,496 | 5,608 | 49,039 | 18,456 | 15,996 | 13,023 | 4,694 | 12,227 | 12,835 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 34,084 | 38,662 | 33,432 | 43,750 | |||||
| provisions | |||||||||
| total long term liabilities | 34,084 | 38,662 | 33,432 | 43,750 | |||||
| total liabilities | 35,580 | 44,270 | 82,471 | 62,206 | 15,996 | 13,023 | 4,694 | 12,227 | 12,835 |
| net assets | -16,454 | -35,381 | -74,780 | -26,214 | 4,415 | 192 | -3,642 | -8,301 | -6,370 |
| total shareholders funds | -16,454 | -35,381 | -74,780 | -26,214 | 4,415 | 192 | -3,642 | -8,301 | -6,370 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 10,237 | 1,198 | -28,301 | 15,581 | 7,196 | 12,163 | 952 | 100 | |
| Creditors | -4,112 | -29,431 | 30,583 | 2,460 | -11,027 | 8,329 | -7,533 | -608 | 12,835 |
| Accruals and Deferred Income | -14,000 | 14,000 | |||||||
| 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 | -4,578 | 5,230 | -10,318 | 43,750 | |||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -3,826 | -2,539 | 6,365 | ||||||
| overdraft | |||||||||
| change in cash | -3,826 | -2,539 | 6,365 |
erg chigaga limited Credit Report and Business Information
Erg Chigaga Limited Competitor Analysis
Perform a competitor analysis for erg chigaga limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TN13 area or any other competitors across 12 key performance metrics.
erg chigaga limited Ownership
ERG CHIGAGA LIMITED group structure
Erg Chigaga Limited has no subsidiary companies.
Ultimate parent company
ERG CHIGAGA LIMITED
09191661
erg chigaga limited directors
Erg Chigaga Limited currently has 2 directors. The longest serving directors include Mr John Garsten (Aug 2014) and Mr Stephen Rose (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Garsten | England | 63 years | Aug 2014 | - | Director |
| Mr Stephen Rose | 62 years | Sep 2014 | - | Director |
P&L
August 2023turnover
89.3k
+147%
operating profit
25.2k
0%
gross margin
11.5%
+19.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-16.5k
-0.53%
total assets
19.1k
+1.15%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
erg chigaga limited company details
company number
09191661
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
THE LONDON TAX COMPANY LTD
auditor
-
address
31a holly bush lane, sevenoaks, kent, TN13 3TJ
Bank
-
Legal Advisor
-
erg chigaga 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 erg chigaga limited.
erg chigaga 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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erg chigaga limited Companies House Filings - See Documents
| date | description | view/download |
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