ernest pass ltd
ernest pass ltd Company Information
Company Number
10818967
Website
-Registered Address
w8a knoll business centre, 325-327 old shoreham road, hove, BN3 7GS
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Chris Gawne7 Years
Shareholders
chris gawne 100%
ernest pass ltd Estimated Valuation
Pomanda estimates the enterprise value of ERNEST PASS LTD at £20.1k based on a Turnover of £46.3k and 0.43x industry multiple (adjusted for size and gross margin).
ernest pass ltd Estimated Valuation
Pomanda estimates the enterprise value of ERNEST PASS LTD at £0 based on an EBITDA of £-39.6k and a 3.24x industry multiple (adjusted for size and gross margin).
ernest pass ltd Estimated Valuation
Pomanda estimates the enterprise value of ERNEST PASS LTD at £0 based on Net Assets of £-14.8k and 0.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ernest Pass Ltd Overview
Ernest Pass Ltd is a live company located in hove, BN3 7GS with a Companies House number of 10818967. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2017, it's largest shareholder is chris gawne with a 100% stake. Ernest Pass Ltd is a young, micro sized company, Pomanda has estimated its turnover at £46.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ernest Pass Ltd Health Check
Pomanda's financial health check has awarded Ernest Pass Ltd a 1 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £46.3k, make it smaller than the average company (£304.1k)
- Ernest Pass Ltd
£304.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.2%)
- Ernest Pass Ltd
6.2% - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (55.3%)
- Ernest Pass Ltd
55.3% - Industry AVG
Profitability
an operating margin of -85.7% make it less profitable than the average company (8.4%)
- Ernest Pass Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Ernest Pass Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Ernest Pass Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £46.3k, this is less efficient (£109.8k)
- Ernest Pass Ltd
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is near the average (71 days)
- Ernest Pass Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 377 days, this is slower than average (27 days)
- Ernest Pass Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ernest Pass Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ernest Pass Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 171.4%, this is a higher level of debt than the average (56.3%)
171.4% - Ernest Pass Ltd
56.3% - Industry AVG
ERNEST PASS LTD financials
Ernest Pass Ltd's latest turnover from June 2023 is estimated at £46.3 thousand and the company has net assets of -£14.8 thousand. According to their latest financial statements, Ernest Pass Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,986 | 19,258 | 12,941 | 17,548 | 20,574 | 1,683 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,986 | 19,258 | 12,941 | 17,548 | 20,574 | 1,683 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,682 | 17,795 | 20,238 | 64,075 | 54,071 | 63,351 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 1 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,682 | 17,795 | 20,238 | 64,076 | 54,071 | 63,351 |
| total assets | 20,668 | 37,053 | 33,179 | 81,624 | 74,645 | 65,034 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,429 | 12,171 | 15,508 | 11,760 | 18,423 | 22,216 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,079 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 35,429 | 12,171 | 15,508 | 11,760 | 18,423 | 23,295 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 35,429 | 12,171 | 15,508 | 11,760 | 18,423 | 23,295 |
| net assets | -14,761 | 24,882 | 17,671 | 69,864 | 56,222 | 41,739 |
| total shareholders funds | -14,761 | 24,882 | 17,671 | 69,864 | 56,222 | 41,739 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,113 | -2,443 | -43,838 | 10,005 | -9,280 | 63,351 |
| Creditors | 23,258 | -3,337 | 3,748 | -6,663 | -3,793 | 22,216 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -1,079 | 1,079 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
ernest pass ltd Credit Report and Business Information
Ernest Pass Ltd Competitor Analysis
Perform a competitor analysis for ernest pass ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
ernest pass ltd Ownership
ERNEST PASS LTD group structure
Ernest Pass Ltd has 1 subsidiary company.
ernest pass ltd directors
Ernest Pass Ltd currently has 1 director, Mr Chris Gawne serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Chris Gawne | United Kingdom | 37 years | Jun 2017 | - | Director |
P&L
June 2023turnover
46.3k
+11%
operating profit
-39.6k
0%
gross margin
26%
+3.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-14.8k
-1.59%
total assets
20.7k
-0.44%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ernest pass ltd company details
company number
10818967
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
w8a knoll business centre, 325-327 old shoreham road, hove, BN3 7GS
accountant
-
auditor
-
ernest pass 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 ernest pass ltd.
ernest pass ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
