empiric (exeter ll) limited
empiric (exeter ll) limited Company Information
Company Number
09347692
Website
https://www.empiric.co.ukRegistered Address
1st floor hop yard studios,, 72 borough high street, london, SE1 1XF
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02080788791
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
empiric investments (four) limited 100%
empiric (exeter ll) limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRIC (EXETER LL) LIMITED at £2.2m based on a Turnover of £693.7k and 3.17x industry multiple (adjusted for size and gross margin).
empiric (exeter ll) limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRIC (EXETER LL) LIMITED at £2.6m based on an EBITDA of £378.9k and a 6.88x industry multiple (adjusted for size and gross margin).
empiric (exeter ll) limited Estimated Valuation
Pomanda estimates the enterprise value of EMPIRIC (EXETER LL) LIMITED at £3.3m based on Net Assets of £2m and 1.62x industry multiple (adjusted for liquidity).
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Empiric (exeter Ll) Limited Overview
Empiric (exeter Ll) Limited is a live company located in london, SE1 1XF with a Companies House number of 09347692. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2014, it's largest shareholder is empiric investments (four) limited with a 100% stake. Empiric (exeter Ll) Limited is a established, small sized company, Pomanda has estimated its turnover at £693.7k with low growth in recent years.
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Empiric (exeter Ll) Limited Health Check
Pomanda's financial health check has awarded Empiric (Exeter Ll) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £693.7k, make it in line with the average company (£862.1k)
£693.7k - Empiric (exeter Ll) Limited
£862.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (1.3%)
1% - Empiric (exeter Ll) Limited
1.3% - Industry AVG
Production
with a gross margin of 68%, this company has a comparable cost of product (70.6%)
68% - Empiric (exeter Ll) Limited
70.6% - Industry AVG
Profitability
an operating margin of 54.6% make it more profitable than the average company (34.2%)
54.6% - Empiric (exeter Ll) Limited
34.2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
- Empiric (exeter Ll) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Empiric (exeter Ll) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £173.4k, this is equally as efficient (£186.9k)
- Empiric (exeter Ll) Limited
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (34 days)
2 days - Empiric (exeter Ll) Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Empiric (exeter Ll) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Empiric (exeter Ll) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Empiric (exeter Ll) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.2%, this is a higher level of debt than the average (69.9%)
78.2% - Empiric (exeter Ll) Limited
69.9% - Industry AVG
EMPIRIC (EXETER LL) LIMITED financials
Empiric (Exeter Ll) Limited's latest turnover from December 2022 is £693.7 thousand and the company has net assets of £2 million. According to their latest financial statements, we estimate that Empiric (Exeter Ll) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 693,651 | 537,819 | 596,845 | 675,879 | 658,448 | 603,264 | 743,905 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 222,125 | 148,104 | 175,754 | 247,804 | 232,470 | 206,566 | 187,328 | 0 |
| Gross Profit | 471,526 | 389,715 | 421,091 | 428,075 | 425,978 | 396,698 | 556,577 | 0 |
| Admin Expenses | 0 | |||||||
| Operating Profit | 0 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 306,946 | 705,710 | -44,161 | 753,965 | 885,672 | 275,581 | 1,808,160 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 306,946 | 705,710 | -44,161 | 753,965 | 885,672 | 275,581 | 1,808,160 | 0 |
| Dividends Paid | 1,400,000 | 0 | 0 | 0 | 1,250,000 | 0 | 0 | 0 |
| Retained Profit | -1,093,054 | 705,710 | -44,161 | 753,965 | -364,328 | 275,581 | 1,808,160 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | 3 | 2 | 2 | |||
| EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 8,900,000 | 8,575,000 | 9,010,000 | 8,650,000 | 8,190,000 | 7,850,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 8,795,000 | 8,900,000 | 8,575,000 | 9,010,000 | 8,650,000 | 8,190,000 | 7,850,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,795,000 | 8,900,000 | 8,575,000 | 9,010,000 | 8,650,000 | 8,190,000 | 7,850,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,521 | 1,352 | 53,678 | 0 | 22,498 | 22,503 | 22,504 | 0 |
| Group Debtors | 541,277 | 44,467 | 0 | 0 | 3 | 909,298 | 718,774 | 0 |
| Misc Debtors | 11,099 | 9,841 | 76,449 | 75,835 | 71,877 | 117,740 | 436,787 | 727,874 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 556,897 | 55,660 | 130,127 | 75,835 | 94,378 | 1,049,541 | 1,178,065 | 727,874 |
| total assets | 9,351,897 | 8,955,660 | 8,705,127 | 9,085,835 | 8,744,378 | 9,239,541 | 9,028,065 | 727,874 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 174 | 184 | 18,778 | 14,637 | 31,285 | 5,302 | 45,412 | 0 |
| Group/Directors Accounts | 6,950,696 | 0 | 0 | 0 | 0 | 0 | 0 | 727,873 |
| 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 | 359,153 | 5,820,548 | 6,257,131 | 6,597,819 | 6,993,679 | 7,150,497 | 7,174,492 | 0 |
| total current liabilities | 7,310,023 | 5,820,732 | 6,275,909 | 6,612,456 | 7,024,964 | 7,155,799 | 7,219,904 | 727,873 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,310,023 | 5,820,732 | 6,275,909 | 6,612,456 | 7,024,964 | 7,155,799 | 7,219,904 | 727,873 |
| net assets | 2,041,874 | 3,134,928 | 2,429,218 | 2,473,379 | 1,719,414 | 2,083,742 | 1,808,161 | 1 |
| total shareholders funds | 2,041,874 | 3,134,928 | 2,429,218 | 2,473,379 | 1,719,414 | 2,083,742 | 1,808,161 | 1 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 0 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 501,237 | -74,467 | 54,292 | -18,543 | -955,163 | -128,524 | 450,191 | 727,874 |
| Creditors | -10 | -18,594 | 4,141 | -16,648 | 25,983 | -40,110 | 45,412 | 0 |
| Accruals and Deferred Income | -5,461,395 | -436,583 | -340,688 | -395,860 | -156,818 | -23,995 | 7,174,492 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -727,874 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -105,000 | 325,000 | -435,000 | 360,000 | 460,000 | 340,000 | 7,850,000 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 6,950,696 | 0 | 0 | 0 | 0 | 0 | -727,873 | 727,873 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 6,950,696 | 0 | 0 | 0 | 0 | 0 | -727,873 | 727,874 |
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
empiric (exeter ll) limited Credit Report and Business Information
Empiric (exeter Ll) Limited Competitor Analysis
Perform a competitor analysis for empiric (exeter ll) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
empiric (exeter ll) limited Ownership
EMPIRIC (EXETER LL) LIMITED group structure
Empiric (Exeter Ll) Limited has no subsidiary companies.
Ultimate parent company
1 parent
EMPIRIC (EXETER LL) LIMITED
09347692
empiric (exeter ll) limited directors
Empiric (Exeter Ll) Limited currently has 3 directors. The longest serving directors include Mr Duncan Garrood (Sep 2020) and Mr Duncan Garrood (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Garrood | 65 years | Sep 2020 | - | Director | |
| Mr Duncan Garrood | 65 years | Sep 2020 | - | Director | |
| Mr Donald Grant | 50 years | Oct 2022 | - | Director |
P&L
December 2022turnover
693.7k
+29%
operating profit
378.9k
0%
gross margin
68%
-6.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2m
-0.35%
total assets
9.4m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
empiric (exeter ll) limited company details
company number
09347692
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
1st floor hop yard studios,, 72 borough high street, london, SE1 1XF
accountant
-
auditor
BDO LLP
empiric (exeter ll) 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 empiric (exeter ll) limited.
empiric (exeter ll) limited Companies House Filings - See Documents
| date | description | view/download |
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