el-horeb limited

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el-horeb limited Company Information

Share EL-HOREB LIMITED

Company Number

11161347

Shareholders

michael niyi olawepo

grace modupe olawepo

Group Structure

View All

Industry

Dispensing chemist in specialised stores

 

Registered Address

2-3 hill side buildings, beeston road, leeds, LS11 6AY

el-horeb limited Estimated Valuation

£14.4k

Pomanda estimates the enterprise value of EL-HOREB LIMITED at £14.4k based on a Turnover of £45k and 0.32x industry multiple (adjusted for size and gross margin).

el-horeb limited Estimated Valuation

£26.8k

Pomanda estimates the enterprise value of EL-HOREB LIMITED at £26.8k based on an EBITDA of £7k and a 3.81x industry multiple (adjusted for size and gross margin).

el-horeb limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EL-HOREB LIMITED at £0 based on Net Assets of £-55.6k and 2.09x industry multiple (adjusted for liquidity).

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El-horeb Limited Overview

El-horeb Limited is a live company located in leeds, LS11 6AY with a Companies House number of 11161347. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in January 2018, it's largest shareholder is michael niyi olawepo with a 75% stake. El-horeb Limited is a young, micro sized company, Pomanda has estimated its turnover at £45k with rapid growth in recent years.

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El-horeb Limited Health Check

Pomanda's financial health check has awarded El-Horeb Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £45k, make it smaller than the average company (£12.6m)

£45k - El-horeb Limited

£12.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (7.2%)

58% - El-horeb Limited

7.2% - Industry AVG

production

Production

with a gross margin of 27%, this company has a comparable cost of product (32%)

27% - El-horeb Limited

32% - Industry AVG

profitability

Profitability

an operating margin of 15.6% make it more profitable than the average company (2.7%)

15.6% - El-horeb Limited

2.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (72)

1 - El-horeb Limited

72 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)

£27.2k - El-horeb Limited

£27.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £45k, this is less efficient (£145k)

£45k - El-horeb Limited

£145k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (29 days)

18 days - El-horeb Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 299 days, this is slower than average (64 days)

299 days - El-horeb Limited

64 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - El-horeb Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - El-horeb Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 113.6%, this is a higher level of debt than the average (59.5%)

113.6% - El-horeb Limited

59.5% - Industry AVG

EL-HOREB LIMITED financials

EXPORTms excel logo

El-Horeb Limited's latest turnover from January 2024 is estimated at £45 thousand and the company has net assets of -£55.6 thousand. According to their latest financial statements, we estimate that El-Horeb Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover44,99831,54247,01611,372
Other Income Or Grants
Cost Of Sales32,87022,61133,7918,549
Gross Profit12,1278,93113,2242,823
Admin Expenses5,095-2,25523,7996,591-25,07012,490
Operating Profit7,03211,186-10,575-3,76825,070-12,490
Interest Payable16,83734,99716,365
Interest Receivable1
Pre-Tax Profit7,03211,186-10,575-20,605-9,926-28,855
Tax-1,758-2,125
Profit After Tax5,2749,061-10,575-20,605-9,926-28,855
Dividends Paid
Retained Profit5,2749,061-10,575-20,605-9,926-28,855
Employee Costs27,15325,19222,99221,304
Number Of Employees1111
EBITDA*7,03211,186-10,575-3,76853,78212,720

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets405,461434,173462,885491,597
Intangible Assets520,309478,990
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets405,461434,173462,885491,597520,309478,990
Stock & work in progress
Trade Debtors2,3012701,674194
Group Debtors
Misc Debtors
Cash1887100
misc current assets
total current assets2,3012701,6741941887100
total assets407,762434,443464,559491,791520,497478,997100
Bank overdraft
Bank loan
Trade Creditors 26,94426,70434,9189,399
Group/Directors Accounts3,29322,551
other short term finances
hp & lease commitments
other current liabilities3,851300
total current liabilities26,94426,70434,9189,3997,14422,851
loans552,034484,901
hp & lease commitments
Accruals and Deferred Income15,600
other liabilities436,444468,639499,602526,178
provisions
total long term liabilities436,444468,639499,602541,778552,034484,901
total liabilities463,388495,343534,520551,177559,178507,752
net assets-55,626-60,900-69,961-59,386-38,681-28,755100
total shareholders funds-55,626-60,900-69,961-59,386-38,681-28,755100
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit7,03211,186-10,575-3,76825,070-12,490
Depreciation
Amortisation28,71225,210
Tax-1,758-2,125
Stock
Debtors2,031-1,4041,480194
Creditors240-8,21425,5199,399
Accruals and Deferred Income-15,60011,7493,551300
Deferred Taxes & Provisions
Cash flow from operations3,4832,251-2,13617,18657,33313,020
Investing Activities
capital expenditure28,71228,71228,71228,712-70,031-504,200
Change in Investments
cash flow from investments28,71228,71228,71228,712-70,031-504,200
Financing Activities
Bank loans
Group/Directors Accounts-3,293-19,25822,551
Other Short Term Loans
Long term loans-552,03467,133484,901
Hire Purchase and Lease Commitments
other long term liabilities-32,195-30,963-26,576526,178
share issue-100100
interest-16,837-34,996-16,365
cash flow from financing-32,195-30,963-26,576-46,08612,879491,087100
cash and cash equivalents
cash-188181-93100
overdraft
change in cash-188181-93100

el-horeb limited 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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El-horeb Limited Competitor Analysis

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Perform a competitor analysis for el-horeb limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LS11 area or any other competitors across 12 key performance metrics.

el-horeb limited Ownership

EL-HOREB LIMITED group structure

El-Horeb Limited has no subsidiary companies.

Ultimate parent company

EL-HOREB LIMITED

11161347

EL-HOREB LIMITED Shareholders

michael niyi olawepo 75%
grace modupe olawepo 25%

el-horeb limited directors

El-Horeb Limited currently has 1 director, Mr Michael Olawepo serving since Jan 2018.

officercountryagestartendrole
Mr Michael OlawepoEngland52 years Jan 2018- Director

P&L

January 2024

turnover

45k

+43%

operating profit

7k

0%

gross margin

27%

-4.82%

turnover

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

Balance Sheet

January 2024

net assets

-55.6k

-0.09%

total assets

407.8k

-0.06%

cash

0

0%

net assets

Total assets minus all liabilities

el-horeb limited company details

company number

11161347

Type

Private limited with Share Capital

industry

47730 - Dispensing chemist in specialised stores

incorporation date

January 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

2-3 hill side buildings, beeston road, leeds, LS11 6AY

Bank

-

Legal Advisor

-

el-horeb 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 3 charges/mortgages relating to el-horeb limited. Currently there are 3 open charges and 0 have been satisfied in the past.

el-horeb 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 EL-HOREB LIMITED. This can take several minutes, an email will notify you when this has completed.

el-horeb limited Companies House Filings - See Documents

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