empire conversions ltd

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empire conversions ltd Company Information

Share EMPIRE CONVERSIONS LTD

Company Number

10480118

Shareholders

leon britton

darren winter

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

12b hanham hall whittucks road, hanham, bristol, BS15 3FR

empire conversions ltd Estimated Valuation

£113.9k

Pomanda estimates the enterprise value of EMPIRE CONVERSIONS LTD at £113.9k based on a Turnover of £288.4k and 0.39x industry multiple (adjusted for size and gross margin).

empire conversions ltd Estimated Valuation

£200

Pomanda estimates the enterprise value of EMPIRE CONVERSIONS LTD at £200 based on an EBITDA of £69 and a 2.89x industry multiple (adjusted for size and gross margin).

empire conversions ltd Estimated Valuation

£1.1k

Pomanda estimates the enterprise value of EMPIRE CONVERSIONS LTD at £1.1k based on Net Assets of £523 and 2.13x industry multiple (adjusted for liquidity).

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Empire Conversions Ltd Overview

Empire Conversions Ltd is a live company located in bristol, BS15 3FR with a Companies House number of 10480118. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2016, it's largest shareholder is leon britton with a 50% stake. Empire Conversions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £288.4k with healthy growth in recent years.

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Empire Conversions Ltd Health Check

Pomanda's financial health check has awarded Empire Conversions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £288.4k, make it smaller than the average company (£3.9m)

£288.4k - Empire Conversions Ltd

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.5%)

14% - Empire Conversions Ltd

5.5% - Industry AVG

production

Production

with a gross margin of 17.2%, this company has a higher cost of product (37.8%)

17.2% - Empire Conversions Ltd

37.8% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.9%)

0% - Empire Conversions Ltd

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Empire Conversions Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Empire Conversions Ltd

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £144.2k, this is equally as efficient (£154.7k)

£144.2k - Empire Conversions Ltd

£154.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (41 days)

127 days - Empire Conversions Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 99 days, this is slower than average (33 days)

99 days - Empire Conversions Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Empire Conversions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Empire Conversions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (61.6%)

99.5% - Empire Conversions Ltd

61.6% - Industry AVG

EMPIRE CONVERSIONS LTD financials

EXPORTms excel logo

Empire Conversions Ltd's latest turnover from November 2023 is estimated at £288.4 thousand and the company has net assets of £523. According to their latest financial statements, Empire Conversions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Turnover288,390307,366320,191194,60566,931150,56349,566
Other Income Or Grants
Cost Of Sales238,804254,565271,324161,80555,578125,38341,023
Gross Profit49,58652,80048,86732,80011,35425,1808,543
Admin Expenses49,51753,36248,01416,80024,17726,6626,509
Operating Profit69-56285316,000-12,823-1,4822,034
Interest Payable
Interest Receivable2617
Pre-Tax Profit69-56285316,000-12,823-1,4562,051
Tax-17-162-3,040-390
Profit After Tax52-56269112,960-12,823-1,4561,661
Dividends Paid
Retained Profit52-56269112,960-12,823-1,4561,661
Employee Costs97,83191,66786,32684,01883,39739,42176,178
Number Of Employees2222212
EBITDA*69-56285316,000-12,823-1,4822,034

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Tangible Assets1,6075,46111,61616,44324,3967,037
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,6075,46111,61616,44324,3967,037
Stock & work in progress1,200
Trade Debtors100,920115,922124,12474,5136,42638,9106,540
Group Debtors
Misc Debtors
Cash6,814
misc current assets
total current assets100,920115,922124,12474,5136,42638,91014,554
total assets102,527121,383135,74090,95630,82245,94714,554
Bank overdraft
Bank loan
Trade Creditors 64,78175,67975,98823,28718,04543,1774,775
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities8,018
total current liabilities64,78175,67975,98823,28718,04543,17712,793
loans
hp & lease commitments
Accruals and Deferred Income9001,402
other liabilities37,22345,23358,71967,32719,860
provisions4,6351,163
total long term liabilities37,22345,23358,71967,32725,3952,565
total liabilities102,004120,912134,70790,61443,44045,74212,793
net assets5234711,033342-12,6182051,761
total shareholders funds5234711,033342-12,6182051,761
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017
Operating Activities
Operating Profit69-56285316,000-12,823-1,4822,034
Depreciation
Amortisation
Tax-17-162-3,040-390
Stock-1,2001,200
Debtors-15,002-8,20249,61168,087-32,48432,3706,540
Creditors-10,898-30952,7015,242-25,13238,4024,775
Accruals and Deferred Income-900-502-6,6168,018
Deferred Taxes & Provisions-4,6353,4721,163
Cash flow from operations4,1567,3313,781-55,420-2,5012976,697
Investing Activities
capital expenditure3,8546,1554,8277,953-17,359-7,037
Change in Investments
cash flow from investments3,8546,1554,8277,953-17,359-7,037
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-8,010-13,486-8,60847,46719,860
share issue-100100
interest2617
cash flow from financing-8,010-13,486-8,60847,46719,860-74117
cash and cash equivalents
cash-6,8146,814
overdraft
change in cash-6,8146,814

empire conversions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Empire Conversions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for empire conversions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BS15 area or any other competitors across 12 key performance metrics.

empire conversions ltd Ownership

EMPIRE CONVERSIONS LTD group structure

Empire Conversions Ltd has no subsidiary companies.

Ultimate parent company

EMPIRE CONVERSIONS LTD

10480118

EMPIRE CONVERSIONS LTD Shareholders

leon britton 50%
darren winter 50%

empire conversions ltd directors

Empire Conversions Ltd currently has 2 directors. The longest serving directors include Mr Leon Britton (Nov 2016) and Mr Darren Winter (Nov 2016).

officercountryagestartendrole
Mr Leon BrittonEngland35 years Nov 2016- Director
Mr Darren WinterEngland34 years Nov 2016- Director

P&L

November 2023

turnover

288.4k

-6%

operating profit

69.3

0%

gross margin

17.2%

+0.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

523

+0.11%

total assets

102.5k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

empire conversions ltd company details

company number

10480118

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

GD MATTHEWS CHARTERED CERTIFIED ACCOUNTANTS

auditor

-

address

12b hanham hall whittucks road, hanham, bristol, BS15 3FR

Bank

-

Legal Advisor

-

empire conversions 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 empire conversions ltd.

empire conversions 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.

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empire conversions ltd Companies House Filings - See Documents

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