Pomanda estimates the enterprise value of ELITE PROTECTIVE COATINGS LIMITED at £1.3m based on a Turnover of £3.6m and 0.36x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ELITE PROTECTIVE COATINGS LIMITED at £42k based on an EBITDA of £8.3k and a 5.06x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ELITE PROTECTIVE COATINGS LIMITED at £281.2k based on Net Assets of £117.5k and 2.39x industry multiple (adjusted for liquidity).
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Elite Protective Coatings LimitedOverview
Elite Protective Coatings Limited is a live company located in wakefield, WF2 0SL with a Companies House number of 09459502. It operates in the painting sector, SIC Code 43341. Founded in February 2015, it's largest shareholder is
jody wainwright
with a 50% stake. Elite Protective Coatings Limited is a established,
small sized company, Pomanda has estimated its turnover at
£3.6m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Elite Protective Coatings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £3.6m, make it larger than the average company (£148.5k)
£3.6m - Elite Protective Coatings Limited
£148.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (15.9%)
52% - Elite Protective Coatings Limited
15.9% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (34.4%)
20% - Elite Protective Coatings Limited
34.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.4%)
0% - Elite Protective Coatings Limited
7.4% - Industry AVG
Employees
with 23 employees, this is above the industry average (2)
23 - Elite Protective Coatings Limited
2 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
£30.8k - Elite Protective Coatings Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £154.8k, this is more efficient (£92.8k)
£154.8k - Elite Protective Coatings Limited
£92.8k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (51 days)
67 days - Elite Protective Coatings Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (22 days)
119 days - Elite Protective Coatings Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (6 days)
44 days - Elite Protective Coatings Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (26 weeks)
1 weeks - Elite Protective Coatings Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (64.4%)
88.8% - Elite Protective Coatings Limited
64.4% - Industry AVG
ELITE PROTECTIVE COATINGS LIMITED financials
EXPORT
Elite Protective Coatings Limited's latest turnover from February 2024 is estimated at £3.6 million and the company has net assets of £117.5 thousand. According to their latest financial statements, Elite Protective Coatings Limited has 23 employees and maintains cash reserves of £24.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Turnover
3,561,499
4,294,948
3,544,944
1,018,543
1,367,829
1,361,195
850,348
492,526
178,423
Other Income Or Grants
Cost Of Sales
2,848,185
3,369,724
2,901,204
800,432
1,099,771
1,096,682
677,996
378,556
61,960
Gross Profit
713,314
925,224
643,740
218,111
268,058
643,832
607,626
232,730
116,463
Admin Expenses
712,113
906,693
627,330
130,722
260,023
470,500
491,397
105,474
33,407
Operating Profit
1,201
18,531
16,410
87,389
8,035
173,332
116,229
127,256
83,056
Interest Payable
12,491
25,488
25,348
2,167
3,704
822
Interest Receivable
826
339
58
10
53
Pre-Tax Profit
2,027
18,870
3,977
61,911
-17,259
171,165
112,525
126,434
83,056
Tax
-507
-3,585
-756
-11,763
-28,876
-23,782
-14,539
-16,534
Profit After Tax
1,520
15,285
3,221
50,148
-17,259
142,289
88,743
111,895
66,522
Dividends Paid
90,000
90,000
Retained Profit
1,520
15,285
3,221
50,148
-17,259
52,289
-1,257
111,895
66,522
Employee Costs
707,250
648,626
931,093
814,293
971,368
901,254
860,065
676,687
31,029
Number Of Employees
23
25
32
32
32
25
25
22
1
EBITDA*
8,290
34,233
37,283
102,590
19,448
183,632
129,880
144,971
83,185
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Tangible Assets
22,130
48,111
63,813
69,696
37,914
33,869
41,856
54,124
386
Intangible Assets
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
23,130
49,111
64,813
70,696
38,914
34,869
42,856
55,124
386
Stock & work in progress
349,203
675,708
719,489
585,751
540,520
258,920
Trade Debtors
655,381
1,040,355
1,074,236
3,175
4,491
13,930
9,630
11,107
Group Debtors
Misc Debtors
350,650
167,638
5,263
2,700
2,700
3,275
Cash
24,432
7,026
9,940
13,181
6,178
8,082
14,973
18,701
7,688
misc current assets
3,599
61,172
61,294
7,635
3,072
total current assets
1,029,016
1,047,381
1,084,176
1,046,313
958,968
660,390
579,758
293,023
22,070
total assets
1,052,146
1,096,492
1,148,989
1,117,009
997,882
695,259
622,614
348,147
22,456
Bank overdraft
Bank loan
Trade Creditors
934,682
972,988
1,028,908
126,452
196,868
57,964
86,706
69,651
Group/Directors Accounts
1,280
3,196
other short term finances
384,336
451,328
299,710
286,704
117,387
hp & lease commitments
19,033
10,860
9,697
42,760
57,419
other current liabilities
460,193
274,739
247,201
192,904
86,977
20,834
total current liabilities
934,682
972,988
1,028,908
990,014
933,795
614,572
610,354
334,630
20,834
loans
hp & lease commitments
29,557
16,797
16,138
Accruals and Deferred Income
other liabilities
7,560
19,422
provisions
total long term liabilities
7,560
19,422
29,557
16,797
16,138
total liabilities
934,682
980,548
1,048,330
1,019,571
950,592
630,710
610,354
334,630
20,834
net assets
117,464
115,944
100,659
97,438
47,290
64,549
12,260
13,517
1,622
total shareholders funds
117,464
115,944
100,659
97,438
47,290
64,549
12,260
13,517
1,622
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Operating Activities
Operating Profit
1,201
18,531
16,410
87,389
8,035
173,332
116,229
127,256
83,056
Depreciation
7,089
15,702
20,873
15,201
11,413
10,300
13,651
17,715
129
Amortisation
Tax
-507
-3,585
-756
-11,763
-28,876
-23,782
-14,539
-16,534
Stock
349,203
-675,708
-43,781
133,738
45,231
281,600
258,920
Debtors
-384,974
-33,881
720,411
181,696
166,866
-11,367
4,300
-2,052
14,382
Creditors
-38,306
-55,920
902,456
-70,416
138,904
-28,742
17,055
69,651
Accruals and Deferred Income
-460,193
185,454
27,538
54,297
105,927
66,143
20,834
Deferred Taxes & Provisions
Cash flow from operations
5,248
8,609
434,087
67,950
-114,714
146,447
-56,820
9,358
73,103
Investing Activities
capital expenditure
18,892
-14,990
-46,983
-15,458
-2,313
-1,383
-72,453
-515
Change in Investments
cash flow from investments
18,892
-14,990
-46,983
-15,458
-2,313
-1,383
-72,453
-515
Financing Activities
Bank loans
Group/Directors Accounts
-1,280
-1,916
3,196
Other Short Term Loans
-384,336
-66,992
151,618
13,006
169,317
117,387
Long term loans
Hire Purchase and Lease Commitments
-48,590
20,933
1,822
-16,925
-14,659
57,419
other long term liabilities
-7,560
-11,862
19,422
share issue
-100,000
-64,900
interest
826
339
-12,433
-25,478
-25,295
-2,167
-3,704
-822
cash flow from financing
-6,734
-11,523
-425,937
-71,537
128,145
-7,366
149,038
77,180
-64,900
cash and cash equivalents
cash
17,406
-2,914
-3,241
7,003
-1,904
-6,891
-3,728
11,013
7,688
overdraft
change in cash
17,406
-2,914
-3,241
7,003
-1,904
-6,891
-3,728
11,013
7,688
elite protective coatings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for elite protective coatings limited. Get real-time insights into elite protective coatings limited's credit score, group structure and payment trends.
Perform a competitor analysis for elite protective coatings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WF2 area or any other competitors across 12 key performance metrics.
elite protective coatings limited Ownership
ELITE PROTECTIVE COATINGS LIMITED group structure
Elite Protective Coatings Limited has no subsidiary companies.
Ultimate parent company
ELITE PROTECTIVE COATINGS LIMITED
09459502
ELITE PROTECTIVE COATINGS LIMITED Shareholders
The largest shareholders in Elite Protective Coatings Limited include Jody Wainwright and Natalie Wainwright.
jody wainwright
50%
natalie wainwright
50%
elite protective coatings limited directors
Elite Protective Coatings Limited currently has 2 directors.
The longest serving directors include
Mrs Natalie Wainwright (Feb 2015) and
Mr Jody Wainwright (May 2024).
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 5 charges/mortgages relating to elite protective coatings limited. Currently there are 1 open charges and 4 have been satisfied in the past.
elite protective coatings 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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elite protective coatings limitedCompanies House Filings - See Documents
