emc hire limited
emc hire limited Company Information
Company Number
09436407
Next Accounts
Dec 2024
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Shareholders
wemec ltd
anthea barker
View AllGroup Structure
View All
Contact
Registered Address
unit 1 ivel road, shefford, SG17 5JU
Website
www.emchire.co.ukemc hire limited Estimated Valuation
Pomanda estimates the enterprise value of EMC HIRE LIMITED at £397.8k based on a Turnover of £763.2k and 0.52x industry multiple (adjusted for size and gross margin).
emc hire limited Estimated Valuation
Pomanda estimates the enterprise value of EMC HIRE LIMITED at £0 based on an EBITDA of £-18.5k and a 2.3x industry multiple (adjusted for size and gross margin).
emc hire limited Estimated Valuation
Pomanda estimates the enterprise value of EMC HIRE LIMITED at £309k based on Net Assets of £135.7k and 2.28x industry multiple (adjusted for liquidity).
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Emc Hire Limited Overview
Emc Hire Limited is a live company located in shefford, SG17 5JU with a Companies House number of 09436407. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in February 2015, it's largest shareholder is wemec ltd with a 50% stake. Emc Hire Limited is a young, small sized company, Pomanda has estimated its turnover at £763.2k with declining growth in recent years.
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Emc Hire Limited Health Check
Pomanda's financial health check has awarded Emc Hire Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £763.2k, make it smaller than the average company (£10.2m)
- Emc Hire Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.7%)
- Emc Hire Limited
4.7% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (46.5%)
- Emc Hire Limited
46.5% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (11.5%)
- Emc Hire Limited
11.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (48)
7 - Emc Hire Limited
48 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Emc Hire Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £109k, this is less efficient (£179.1k)
- Emc Hire Limited
£179.1k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (60 days)
- Emc Hire Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (50 days)
- Emc Hire Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Emc Hire Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Emc Hire Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a similar level of debt than the average (60.6%)
64.2% - Emc Hire Limited
60.6% - Industry AVG
EMC HIRE LIMITED financials
Emc Hire Limited's latest turnover from March 2023 is estimated at £763.2 thousand and the company has net assets of £135.7 thousand. According to their latest financial statements, Emc Hire Limited has 7 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 | 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 | 7 | 9 | 8 | 7 | 5 | 7 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 158,137 | 179,887 | 216,271 | 194,311 | 182,897 | 207,247 | 179,089 | 45,516 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 17,002 | 34,002 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 158,137 | 179,887 | 216,271 | 194,311 | 182,897 | 224,249 | 213,091 | 45,516 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 220,453 | 185,486 | 234,796 | 212,118 | 210,680 | 67,892 | 37,623 | 5,374 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 22,264 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 191,664 | 81,634 | 6,657 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 220,453 | 185,486 | 234,796 | 212,118 | 210,680 | 259,556 | 141,521 | 12,031 |
| total assets | 378,590 | 365,373 | 451,067 | 406,429 | 393,577 | 483,805 | 354,612 | 57,547 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 90,541 | 58,855 | 124,348 | 143,195 | 78,997 | 5,172 | 19,303 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 347,832 | 243,362 | 50,000 |
| 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 | 95,505 | 113,480 | 1,382 |
| total current liabilities | 90,541 | 58,855 | 124,348 | 143,195 | 78,997 | 448,509 | 376,145 | 51,382 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,755 | 1,755 | 1,620 | 1,620 | 1,620 | 0 | 0 | 0 |
| other liabilities | 150,590 | 150,590 | 201,188 | 213,380 | 317,850 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 5,350 | 0 | 0 |
| total long term liabilities | 152,345 | 152,345 | 202,808 | 215,000 | 319,470 | 5,350 | 0 | 0 |
| total liabilities | 242,886 | 211,200 | 327,156 | 358,195 | 398,467 | 453,859 | 376,145 | 51,382 |
| net assets | 135,704 | 154,173 | 123,911 | 48,234 | -4,890 | 29,946 | -21,533 | 6,165 |
| total shareholders funds | 135,704 | 154,173 | 123,911 | 48,234 | -4,890 | 29,946 | -21,533 | 6,165 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 89,973 | 47,506 | 15,172 | |||||
| Amortisation | 17,000 | 17,000 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 34,967 | -49,310 | 22,678 | 1,438 | 142,788 | 8,005 | 54,513 | 5,374 |
| Creditors | 31,686 | -65,493 | -18,847 | 64,198 | 73,825 | -14,131 | 19,303 | 0 |
| Accruals and Deferred Income | 0 | 135 | 0 | 0 | -93,885 | -17,975 | 112,098 | 1,382 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -5,350 | 5,350 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 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 | -347,832 | 104,470 | 193,362 | 50,000 |
| 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 | -50,598 | -12,192 | -104,470 | 317,850 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | -191,664 | 110,030 | 74,977 | 6,657 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -191,664 | 110,030 | 74,977 | 6,657 |
emc hire limited Credit Report and Business Information
Emc Hire Limited Competitor Analysis
Perform a competitor analysis for emc hire limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SG17 area or any other competitors across 12 key performance metrics.
emc hire limited Ownership
EMC HIRE LIMITED group structure
Emc Hire Limited has no subsidiary companies.
Ultimate parent company
EMC HIRE LIMITED
09436407
emc hire limited directors
Emc Hire Limited currently has 4 directors. The longest serving directors include Mr Simon Young (Feb 2015) and Mr Carl Wayland (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Young | 59 years | Feb 2015 | - | Director | |
| Mr Carl Wayland | England | 50 years | Feb 2015 | - | Director |
| Ms Anthea Barker | England | 56 years | Oct 2016 | - | Director |
| Mr Andrew Mead | United Kingdom | 51 years | Oct 2016 | - | Director |
P&L
March 2023turnover
763.2k
+7%
operating profit
-18.5k
0%
gross margin
29%
+6.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
135.7k
-0.12%
total assets
378.6k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
emc hire limited company details
company number
09436407
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
emc equipment solutions ltd (October 2016)
accountant
TAXASSIST ACCOUNTANTS
auditor
-
address
unit 1 ivel road, shefford, SG17 5JU
Bank
-
Legal Advisor
-
emc hire 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 emc hire limited.
emc hire 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.
Click to start generating capital raising & share issue transactions for EMC HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
emc hire limited Companies House Filings - See Documents
| date | description | view/download |
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