Pomanda estimates the enterprise value of ELEMENT 3-HEATING LIMITED at £54.5k based on a Turnover of £121.1k and 0.45x industry multiple (adjusted for size and gross margin).
element 3-heating limitedEstimated Valuation
£48.8k
Pomanda estimates the enterprise value of ELEMENT 3-HEATING LIMITED at £48.8k based on an EBITDA of £12.9k and a 3.79x industry multiple (adjusted for size and gross margin).
element 3-heating limitedEstimated Valuation
£11.5k
Pomanda estimates the enterprise value of ELEMENT 3-HEATING LIMITED at £11.5k based on Net Assets of £4.2k and 2.76x industry multiple (adjusted for liquidity).
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Element 3-heating LimitedOverview
Element 3-heating Limited is a live company located in tunbridge wells, TN1 2PF with a Companies House number of 09905129. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in December 2015, it's largest shareholder is
johan seifert
with a 75% stake. Element 3-heating Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£121.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Element 3-Heating 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
Health Rating1.5out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £121.1k, make it smaller than the average company (£376.2k)
£121.1k - Element 3-heating Limited
£376.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (9.6%)
-27% - Element 3-heating Limited
9.6% - Industry AVG
Production
with a gross margin of 29.6%, this company has a comparable cost of product (29.6%)
29.6% - Element 3-heating Limited
29.6% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (6%)
9.2% - Element 3-heating Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Element 3-heating Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
£31.5k - Element 3-heating Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £60.5k, this is less efficient (£115.9k)
£60.5k - Element 3-heating Limited
£115.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Element 3-heating Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (45 days)
26 days - Element 3-heating Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Element 3-heating Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (20 weeks)
2 weeks - Element 3-heating Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (62%)
87.4% - Element 3-heating Limited
62% - Industry AVG
ELEMENT 3-HEATING LIMITED financials
EXPORT
Element 3-Heating Limited's latest turnover from November 2023 is estimated at £121.1 thousand and the company has net assets of £4.2 thousand. According to their latest financial statements, Element 3-Heating Limited has 2 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Turnover
121,074
239,296
216,995
314,614
330,494
Other Income Or Grants
Cost Of Sales
85,289
161,031
135,715
219,293
224,482
Gross Profit
35,785
78,265
81,280
95,322
106,011
Admin Expenses
24,604
34,456
30,424
80,484
102,867
-3,326
-759
-465
Operating Profit
11,181
43,809
50,856
14,838
3,144
3,326
759
465
Interest Payable
979
416
711
631
788
421
Interest Receivable
171
2
8
41
60
46
10
Pre-Tax Profit
10,373
42,268
50,856
14,136
2,553
2,598
384
475
Tax
-2,593
-8,457
-9,888
-2,686
-485
-494
-73
-95
Profit After Tax
7,780
33,811
40,968
11,450
2,068
2,104
311
380
Dividends Paid
Retained Profit
7,780
33,811
40,968
11,450
2,068
2,104
311
380
Employee Costs
62,921
65,982
97,953
99,505
100,528
Number Of Employees
2
2
3
3
3
EBITDA*
12,887
46,594
53,437
17,266
5,727
15,512
4,562
4,449
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Tangible Assets
2,004
2,941
7,559
8,744
10,178
12,186
15,014
15,939
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,004
2,941
7,559
8,744
10,178
12,186
15,014
15,939
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
29,593
24,495
21,961
23,158
7,025
3,833
100
1,338
Cash
1,532
4,989
20,279
11,160
5,693
5,174
10,729
7,816
misc current assets
total current assets
31,125
29,484
42,240
34,318
12,718
9,007
10,829
9,154
total assets
33,129
32,425
49,799
43,062
22,896
21,193
25,843
25,093
Bank overdraft
6,971
10,429
11,542
15,000
8,315
10,395
4,093
Bank loan
Trade Creditors
6,201
6,200
8,079
Group/Directors Accounts
418
476
other short term finances
hp & lease commitments
4,093
other current liabilities
15,785
19,404
14,797
11,649
9,618
7,485
11,614
7,558
total current liabilities
28,957
36,033
34,418
26,649
17,933
18,298
16,183
11,651
loans
8,869
hp & lease commitments
12,962
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
8,869
12,962
total liabilities
28,957
36,033
34,418
26,649
17,933
18,298
25,052
24,613
net assets
4,172
-3,608
15,381
16,413
4,963
2,895
791
480
total shareholders funds
4,172
-3,608
15,381
16,413
4,963
2,895
791
480
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Operating Activities
Operating Profit
11,181
43,809
50,856
14,838
3,144
3,326
759
465
Depreciation
1,706
2,785
2,581
2,428
2,583
12,186
3,803
3,984
Amortisation
Tax
-2,593
-8,457
-9,888
-2,686
-485
-494
-73
-95
Stock
Debtors
5,098
2,534
-1,197
16,133
3,192
3,733
-1,238
1,338
Creditors
1
-1,879
8,079
Accruals and Deferred Income
-3,619
4,607
3,148
2,031
2,133
-4,129
4,056
7,558
Deferred Taxes & Provisions
Cash flow from operations
1,578
38,331
55,973
478
4,183
7,156
9,783
10,574
Investing Activities
capital expenditure
-769
1,833
-1,396
-994
-575
-9,358
-2,878
-19,923
Change in Investments
cash flow from investments
-769
1,833
-1,396
-994
-575
-9,358
-2,878
-19,923
Financing Activities
Bank loans
Group/Directors Accounts
-418
-58
476
Other Short Term Loans
Long term loans
-8,869
8,869
Hire Purchase and Lease Commitments
-17,055
17,055
other long term liabilities
share issue
-52,800
-42,000
100
interest
-808
-414
-703
-590
-728
-375
10
cash flow from financing
-808
-53,214
-42,000
-703
-1,008
-9,655
-8,085
17,165
cash and cash equivalents
cash
-3,457
-15,290
9,119
5,467
519
-5,555
2,913
7,816
overdraft
-3,458
-1,113
-3,458
6,685
-2,080
6,302
4,093
change in cash
1
-14,177
12,577
-1,218
2,599
-11,857
-1,180
7,816
element 3-heating 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 element 3-heating limited. Get real-time insights into element 3-heating limited's credit score, group structure and payment trends.
Perform a competitor analysis for element 3-heating limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in TN1 area or any other competitors across 12 key performance metrics.
element 3-heating limited Ownership
ELEMENT 3-HEATING LIMITED group structure
Element 3-Heating Limited has no subsidiary companies.
Ultimate parent company
ELEMENT 3-HEATING LIMITED
09905129
ELEMENT 3-HEATING LIMITED Shareholders
The largest shareholders in Element 3-Heating Limited include Johan Seifert and Faye Seifert.
johan seifert
75%
faye seifert
25%
element 3-heating limited directors
Element 3-Heating Limited currently has 2 directors.
The longest serving directors include
Mr Johan Seifert (Dec 2015) and
Mrs Faye Seifert (May 2017).
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 element 3-heating limited.
element 3-heating 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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element 3-heating limitedCompanies House Filings - See Documents
