essex cladding team ltd
essex cladding team ltd Company Information
Company Number
09426010
Next Accounts
432 days late
Shareholders
andrei sirghi
petru prisacaru
Group Structure
View All
Industry
Development of building projects
Registered Address
unit c pegasus works, 8-10 roebuck road, hainault business park, hainault, IG6 3UF
Website
essexcladdingteam.co.ukessex cladding team ltd Estimated Valuation
Pomanda estimates the enterprise value of ESSEX CLADDING TEAM LTD at £1m based on a Turnover of £2.9m and 0.36x industry multiple (adjusted for size and gross margin).
essex cladding team ltd Estimated Valuation
Pomanda estimates the enterprise value of ESSEX CLADDING TEAM LTD at £1.5m based on an EBITDA of £559k and a 2.61x industry multiple (adjusted for size and gross margin).
essex cladding team ltd Estimated Valuation
Pomanda estimates the enterprise value of ESSEX CLADDING TEAM LTD at £627.1k based on Net Assets of £455.4k and 1.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Essex Cladding Team Ltd Overview
Essex Cladding Team Ltd is a live company located in hainault business park, IG6 3UF with a Companies House number of 09426010. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2015, it's largest shareholder is andrei sirghi with a 50% stake. Essex Cladding Team Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Essex Cladding Team Ltd Health Check
Pomanda's financial health check has awarded Essex Cladding Team Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £2.9m, make it larger than the average company (£2m)
- Essex Cladding Team Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 126%, show it is growing at a faster rate (1%)
- Essex Cladding Team Ltd
1% - Industry AVG
Production
with a gross margin of 8.8%, this company has a higher cost of product (24.3%)
- Essex Cladding Team Ltd
24.3% - Industry AVG
Profitability
an operating margin of 19.2% make it more profitable than the average company (10.4%)
- Essex Cladding Team Ltd
10.4% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Essex Cladding Team Ltd
6 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Essex Cladding Team Ltd
£44k - Industry AVG
Efficiency
resulting in sales per employee of £290.9k, this is equally as efficient (£275k)
- Essex Cladding Team Ltd
£275k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (32 days)
- Essex Cladding Team Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (31 days)
- Essex Cladding Team Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Essex Cladding Team Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Essex Cladding Team Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.5%, this is a lower level of debt than the average (74.8%)
58.5% - Essex Cladding Team Ltd
74.8% - Industry AVG
ESSEX CLADDING TEAM LTD financials
Essex Cladding Team Ltd's latest turnover from February 2022 is estimated at £2.9 million and the company has net assets of £455.4 thousand. According to their latest financial statements, Essex Cladding Team Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | 10 | 10 | 10 | 7 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 107,027 | 107,697 | 14,320 | 2,751 | 56,365 | 1,571 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 3,656 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 107,027 | 111,353 | 14,320 | 2,751 | 56,365 | 1,571 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 989,517 | 1,263,196 | 130,526 | 9,853 | 145,726 | 0 | 65,647 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 558,861 | 670,698 | 165,424 | 15,486 | 0 |
| Cash | 0 | 0 | 201,278 | 206,601 | 55,774 | 24,354 | 1,138 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 989,517 | 1,263,196 | 890,665 | 887,152 | 366,924 | 39,840 | 66,785 |
| total assets | 1,096,544 | 1,374,549 | 904,985 | 889,903 | 423,289 | 41,411 | 66,785 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 622,888 | 578,309 | 145,023 | 43,937 | 177,544 | 0 | 60,215 |
| Group/Directors Accounts | 0 | 0 | 679,294 | 0 | 59,265 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 793,694 | 64,511 | 535,491 | 131,919 | 34,131 | 0 |
| total current liabilities | 622,888 | 1,372,003 | 888,828 | 579,428 | 368,728 | 34,131 | 60,215 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,281 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,281 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 641,169 | 1,372,003 | 888,828 | 579,428 | 368,728 | 34,131 | 60,215 |
| net assets | 455,375 | 2,546 | 16,157 | 310,475 | 54,561 | 7,280 | 6,570 |
| total shareholders funds | 455,375 | 2,546 | 16,157 | 310,475 | 54,561 | 7,280 | 6,570 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 4,774 | 917 | 18,788 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -273,679 | 573,809 | 8,836 | 369,401 | 295,664 | -50,161 | 65,647 |
| Creditors | 44,579 | 433,286 | 101,086 | -133,607 | 177,544 | -60,215 | 60,215 |
| Accruals and Deferred Income | -793,694 | 729,183 | -470,980 | 403,572 | 97,788 | 34,131 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -3,656 | 3,656 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -679,294 | 679,294 | -59,265 | 59,265 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 18,281 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | -201,278 | -5,323 | 150,827 | 31,420 | 23,216 | 1,138 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -201,278 | -5,323 | 150,827 | 31,420 | 23,216 | 1,138 |
essex cladding team ltd Credit Report and Business Information
Essex Cladding Team Ltd Competitor Analysis
Perform a competitor analysis for essex cladding team ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG6 area or any other competitors across 12 key performance metrics.
essex cladding team ltd Ownership
ESSEX CLADDING TEAM LTD group structure
Essex Cladding Team Ltd has no subsidiary companies.
Ultimate parent company
ESSEX CLADDING TEAM LTD
09426010
essex cladding team ltd directors
Essex Cladding Team Ltd currently has 2 directors. The longest serving directors include Mr Andrei Sirghi (Mar 2015) and Mr Petru Prisacaru (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrei Sirghi | United Kingdom | 40 years | Mar 2015 | - | Director |
| Mr Petru Prisacaru | United Kingdom | 48 years | Jan 2017 | - | Director |
P&L
February 2022turnover
2.9m
-11%
operating profit
559k
0%
gross margin
8.9%
-7.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
455.4k
+177.86%
total assets
1.1m
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
essex cladding team ltd company details
company number
09426010
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2022
previous names
N/A
accountant
-
auditor
-
address
unit c pegasus works, 8-10 roebuck road, hainault business park, hainault, IG6 3UF
Bank
-
Legal Advisor
-
essex cladding team 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 did not find charges/mortgages relating to essex cladding team ltd.
essex cladding team 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 ESSEX CLADDING TEAM LTD. This can take several minutes, an email will notify you when this has completed.
essex cladding team ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
