Pomanda estimates the enterprise value of ELRA INSURE LTD at £63.2k based on a Turnover of £160k and 0.39x industry multiple (adjusted for size and gross margin).
elra insure ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ELRA INSURE LTD at £0 based on an EBITDA of £-27k and a 2.89x industry multiple (adjusted for size and gross margin).
elra insure ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ELRA INSURE LTD at £0 based on Net Assets of £-34.6k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Elra Insure LtdOverview
Elra Insure Ltd is a live company located in carmarthen, SA31 1PH with a Companies House number of 10805801. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2017, it's largest shareholder is
nicholas john hill
with a 50% stake. Elra Insure Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£160k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Elra Insure Ltd a 1.5 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 Rating1.5out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £160k, make it smaller than the average company (£2.3m)
£160k - Elra Insure Ltd
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Elra Insure Ltd
- - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (37.3%)
17% - Elra Insure Ltd
37.3% - Industry AVG
Profitability
an operating margin of -16.9% make it less profitable than the average company (5.7%)
-16.9% - Elra Insure Ltd
5.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (20)
6 - Elra Insure Ltd
20 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
£41.9k - Elra Insure Ltd
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £26.7k, this is less efficient (£137.7k)
£26.7k - Elra Insure Ltd
£137.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (44 days)
13 days - Elra Insure Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (34 days)
90 days - Elra Insure Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Elra Insure Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elra Insure Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 548.5%, this is a higher level of debt than the average (65.1%)
548.5% - Elra Insure Ltd
65.1% - Industry AVG
ELRA INSURE LTD financials
EXPORT
Elra Insure Ltd's latest turnover from June 2019 is estimated at £160 thousand and the company has net assets of -£34.6 thousand. According to their latest financial statements, Elra Insure Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2019
Jun 2018
Turnover
160,048
72,368
Other Income Or Grants
Cost Of Sales
132,916
60,224
Gross Profit
27,131
12,144
Admin Expenses
54,170
19,710
Operating Profit
-27,039
-7,566
Interest Payable
Interest Receivable
Pre-Tax Profit
-27,039
-7,566
Tax
Profit After Tax
-27,039
-7,566
Dividends Paid
Retained Profit
-27,039
-7,566
Employee Costs
251,393
118,152
Number Of Employees
6
3
EBITDA*
-27,039
-7,566
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2019
Jun 2018
Tangible Assets
1,643
899
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,643
899
Stock & work in progress
Trade Debtors
6,073
5,106
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
6,073
5,106
total assets
7,716
6,005
Bank overdraft
Bank loan
Trade Creditors
32,823
5,571
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
32,823
5,571
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
8,000
8,000
provisions
1,498
total long term liabilities
9,498
8,000
total liabilities
42,321
13,571
net assets
-34,605
-7,566
total shareholders funds
-34,605
-7,566
Jun 2019
Jun 2018
Operating Activities
Operating Profit
-27,039
-7,566
Depreciation
Amortisation
Tax
Stock
Debtors
967
5,106
Creditors
27,252
5,571
Accruals and Deferred Income
Deferred Taxes & Provisions
1,498
Cash flow from operations
744
-7,101
Investing Activities
capital expenditure
-744
-899
Change in Investments
cash flow from investments
-744
-899
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
8,000
share issue
interest
cash flow from financing
8,000
cash and cash equivalents
cash
overdraft
change in cash
elra insure ltd 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 elra insure ltd. Get real-time insights into elra insure ltd's credit score, group structure and payment trends.
Perform a competitor analysis for elra insure ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SA31 area or any other competitors across 12 key performance metrics.
elra insure ltd Ownership
ELRA INSURE LTD group structure
Elra Insure Ltd has no subsidiary companies.
Ultimate parent company
ELRA INSURE LTD
10805801
ELRA INSURE LTD Shareholders
The largest shareholders in Elra Insure Ltd include Nicholas John Hill and David Matthew Davies.
nicholas john hill
50%
david matthew davies
50%
elra insure ltd directors
Elra Insure Ltd currently has 1 director, Mr David Davies serving since Jun 2017.
82990 - Other business support service activities n.e.c.
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
June 2019
previous names
N/A
accountant
GERALD THOMAS
auditor
-
address
3b hall street, carmarthen, SA31 1PH
Bank
-
Legal Advisor
-
elra insure 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 elra insure ltd.
elra insure 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.
Click to start generating capital raising & share issue transactions for ELRA INSURE LTD. This can take several minutes, an email will notify you when this has completed.
elra insure ltdCompanies House Filings - See Documents
