Pomanda estimates the enterprise value of ER HOMES LIMITED at £300.2k based on a Turnover of £766.3k and 0.39x industry multiple (adjusted for size and gross margin).
er homes limitedEstimated Valuation
£290.4k
Pomanda estimates the enterprise value of ER HOMES LIMITED at £290.4k based on an EBITDA of £93.8k and a 3.1x industry multiple (adjusted for size and gross margin).
er homes limitedEstimated Valuation
£91.3k
Pomanda estimates the enterprise value of ER HOMES LIMITED at £91.3k based on Net Assets of £64.6k and 1.41x industry multiple (adjusted for liquidity).
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Er Homes LimitedOverview
Er Homes Limited is a live company located in godalming, GU7 2QF with a Companies House number of 10538606. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2016, it's largest shareholder is
english rural housing association limited
with a 100% stake. Er Homes Limited is a young,
small sized company, Pomanda has estimated its turnover at
£766.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Er Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £766.3k, make it smaller than the average company (£2.3m)
£766.3k - Er Homes Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6%)
-11% - Er Homes Limited
6% - Industry AVG
Production
with a gross margin of 16.3%, this company has a higher cost of product (26.3%)
16.3% - Er Homes Limited
26.3% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (7.5%)
12.2% - Er Homes Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Er Homes Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Er Homes Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £255.4k, this is equally as efficient (£277.7k)
£255.4k - Er Homes Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Er Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (31 days)
21 days - Er Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 312 days, this is more than average (197 days)
312 days - Er Homes Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 22 weeks, this is more cash available to meet short term requirements (11 weeks)
22 weeks - Er Homes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (73.8%)
89.1% - Er Homes Limited
73.8% - Industry AVG
ER HOMES LIMITED financials
EXPORT
Er Homes Limited's latest turnover from March 2024 is £766.3 thousand and the company has net assets of £64.6 thousand. According to their latest financial statements, we estimate that Er Homes Limited has 3 employees and maintains cash reserves of £32.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
766,266
1,250,000
975,000
1,095,000
170,000
Other Income Or Grants
Cost Of Sales
641,460
809,650
782,809
904,048
53,237
Gross Profit
124,806
440,350
192,191
190,952
116,763
Admin Expenses
31,042
22,678
22,731
18,915
19,199
8,743
Operating Profit
93,764
417,672
169,460
172,037
97,564
-8,743
Interest Payable
29,018
1,195
783
3,465
Interest Receivable
Pre-Tax Profit
64,746
417,672
168,265
171,254
94,099
-9,947
Tax
Profit After Tax
64,746
417,672
168,265
171,254
94,099
-9,947
Dividends Paid
Retained Profit
64,746
417,672
168,265
171,254
94,099
-9,947
Employee Costs
144,786
229,733
177,818
Number Of Employees
3
5
4
5
1
1
1
EBITDA*
93,764
417,672
169,460
172,037
97,564
-8,743
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
12,000
12,000
Total Fixed Assets
12,000
12,000
Stock & work in progress
548,766
325,955
520,935
427,914
858,046
317,794
Trade Debtors
5,000
Group Debtors
1
Misc Debtors
5,000
17,000
1
1
1
Cash
32,738
224,236
8,219
2,277
54,989
347
misc current assets
total current assets
581,504
555,191
546,154
435,192
913,036
318,142
1
total assets
593,504
567,191
546,154
435,192
913,036
318,142
1
Bank overdraft
Bank loan
Trade Creditors
38,367
32,354
31,663
6,526
63,650
Group/Directors Accounts
92,431
other short term finances
hp & lease commitments
other current liabilities
36,491
117,265
9,328
84,938
4,560
49,892
total current liabilities
74,858
149,619
40,991
84,938
103,517
113,542
loans
336,998
178,999
724,162
213,342
hp & lease commitments
Accruals and Deferred Income
other liabilities
454,000
provisions
total long term liabilities
454,000
336,998
178,999
724,162
213,342
total liabilities
528,858
149,619
377,989
263,937
827,679
326,884
net assets
64,646
417,572
168,165
171,255
85,357
-8,742
1
total shareholders funds
64,646
417,572
168,165
171,255
85,357
-8,742
1
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
93,764
417,672
169,460
172,037
97,564
-8,743
Depreciation
Amortisation
Tax
Stock
222,811
-194,980
93,021
-430,132
540,252
317,794
Debtors
-5,000
11,999
5,000
1
Creditors
6,013
691
31,663
-6,526
-57,124
63,650
Accruals and Deferred Income
-80,774
107,937
-75,610
80,378
-45,332
49,892
Deferred Taxes & Provisions
Cash flow from operations
-198,808
721,280
20,493
671,021
-545,144
-212,995
-1
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-92,431
92,431
Other Short Term Loans
Long term loans
-336,998
157,999
-545,163
510,820
213,342
Hire Purchase and Lease Commitments
other long term liabilities
454,000
share issue
-417,672
-168,265
-171,355
-85,356
1,204
1
interest
-29,018
-1,195
-783
-3,465
cash flow from financing
7,310
-505,263
-14,551
-723,733
599,786
214,546
1
cash and cash equivalents
cash
-191,498
216,017
5,942
-52,712
54,642
347
overdraft
change in cash
-191,498
216,017
5,942
-52,712
54,642
347
er homes 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 er homes limited. Get real-time insights into er homes limited's credit score, group structure and payment trends.
Perform a competitor analysis for er homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in GU7 area or any other competitors across 12 key performance metrics.
er homes limited Ownership
ER HOMES LIMITED group structure
Er Homes Limited has no subsidiary companies.
Ultimate parent company
ER HOMES LIMITED
10538606
ER HOMES LIMITED Shareholders
The sole shareholder of Er Homes Limited is English Rural Housing Association Limited.
english rural housing association limited
100%
er homes limited directors
Er Homes Limited currently has 5 directors.
The longest serving directors include
Mr Philip O'Dwyer (Oct 2021) and
Mrs Katherine Singleton (Oct 2021).
the granary, greenways studio, lower eashing, godalming, surrey, GU7 2QF
Bank
-
Legal Advisor
-
er homes 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 found 1 charges/mortgages relating to er homes limited. Currently there are 1 open charges and 0 have been satisfied in the past.
er homes 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 ER HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
er homes limitedCompanies House Filings - See Documents
