earo limited
earo limited Company Information
Company Number
09200592
Website
www.earoltd.comRegistered Address
4 melton road, manchester, M8 4HG
Industry
Other retail sale not in stores, stalls or markets
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
tzvi adler 50%
solomon roberts 50%
earo limited Estimated Valuation
Pomanda estimates the enterprise value of EARO LIMITED at £212k based on a Turnover of £920.8k and 0.23x industry multiple (adjusted for size and gross margin).
earo limited Estimated Valuation
Pomanda estimates the enterprise value of EARO LIMITED at £0 based on an EBITDA of £-894 and a 2.85x industry multiple (adjusted for size and gross margin).
earo limited Estimated Valuation
Pomanda estimates the enterprise value of EARO LIMITED at £152.2k based on Net Assets of £206.3k and 0.74x industry multiple (adjusted for liquidity).
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Earo Limited Overview
Earo Limited is a live company located in manchester, M8 4HG with a Companies House number of 09200592. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in September 2014, it's largest shareholder is tzvi adler with a 50% stake. Earo Limited is a established, small sized company, Pomanda has estimated its turnover at £920.8k with healthy growth in recent years.
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Earo Limited Health Check
Pomanda's financial health check has awarded Earo Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £920.8k, make it larger than the average company (£578.3k)
- Earo Limited
£578.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.2%)
- Earo Limited
5.2% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (34.9%)
- Earo Limited
34.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.9%)
- Earo Limited
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Earo Limited
6 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Earo Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £460.4k, this is more efficient (£176.2k)
- Earo Limited
£176.2k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (29 days)
- Earo Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (34 days)
- Earo Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Earo Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Earo Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.9%, this is a lower level of debt than the average (70.5%)
45.9% - Earo Limited
70.5% - Industry AVG
EARO LIMITED financials
Earo Limited's latest turnover from March 2023 is estimated at £920.8 thousand and the company has net assets of £206.3 thousand. According to their latest financial statements, Earo Limited has 2 employees and maintains cash reserves of 0 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 | Sep 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 | 3 | 4 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 706 | 942 | 1,256 | 2,232 | 2,232 | 2,977 | 263 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1,293 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 1,999 | 942 | 1,256 | 2,232 | 2,232 | 2,977 | 263 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 131,930 | 9,950 |
| Trade Debtors | 381,592 | 417,056 | 452,126 | 300,873 | 249,941 | 249,941 | 63,747 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 56,703 | 37,172 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 381,592 | 417,056 | 452,126 | 300,873 | 249,941 | 249,941 | 252,380 | 47,122 |
| total assets | 381,592 | 419,055 | 453,068 | 302,129 | 252,173 | 252,173 | 255,357 | 47,385 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 49,722 | 53,459 | 36,163 | 69,265 | 147,008 | 147,008 | 176,574 | 14,103 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 49,722 | 53,459 | 36,163 | 69,265 | 147,008 | 147,008 | 176,574 | 14,103 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,045 | 0 | 29,387 | 23,322 | 3,020 | 3,020 | 0 | 0 |
| other liabilities | 124,551 | 158,428 | 180,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 125,596 | 158,428 | 209,387 | 23,322 | 3,020 | 3,020 | 0 | 0 |
| total liabilities | 175,318 | 211,887 | 245,550 | 92,587 | 150,028 | 150,028 | 176,574 | 14,103 |
| net assets | 206,274 | 207,168 | 207,518 | 209,542 | 102,145 | 102,145 | 78,783 | 33,282 |
| total shareholders funds | 206,274 | 207,168 | 207,518 | 209,542 | 102,145 | 102,145 | 78,783 | 33,282 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,786 | 87 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -131,930 | 131,930 | 9,950 |
| Debtors | -35,464 | -35,070 | 151,253 | 50,932 | 0 | 186,194 | 63,747 | 0 |
| Creditors | -3,737 | 17,296 | -33,102 | -77,743 | 0 | -29,566 | 176,574 | 14,103 |
| Accruals and Deferred Income | 1,045 | -29,387 | 6,065 | 20,302 | 0 | 3,020 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -1,293 | 1,293 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -33,877 | -21,572 | 180,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -56,703 | 56,703 | 37,172 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -56,703 | 56,703 | 37,172 |
earo limited Credit Report and Business Information
Earo Limited Competitor Analysis
Perform a competitor analysis for earo limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M 8 area or any other competitors across 12 key performance metrics.
earo limited Ownership
EARO LIMITED group structure
Earo Limited has no subsidiary companies.
Ultimate parent company
EARO LIMITED
09200592
earo limited directors
Earo Limited currently has 2 directors. The longest serving directors include Mr Solomon Roberts (Sep 2014) and Mr Tzvi Adler (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Solomon Roberts | England | 34 years | Sep 2014 | - | Director |
| Mr Tzvi Adler | United Kingdom | 37 years | Sep 2014 | - | Director |
P&L
March 2023turnover
920.8k
-3%
operating profit
-894
0%
gross margin
19.9%
-2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
206.3k
0%
total assets
381.6k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
earo limited company details
company number
09200592
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
47910 - Retail sale via mail order houses or via Internet
incorporation date
September 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
4 melton road, manchester, M8 4HG
accountant
-
auditor
-
earo 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 found 1 charges/mortgages relating to earo limited. Currently there are 1 open charges and 0 have been satisfied in the past.
earo limited Companies House Filings - See Documents
| date | description | view/download |
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