30 hamilton road, ashton-in-makerfield, wigan, WN4 0SU
Website
-
eru electrical and security products ltdEstimated Valuation
£620.3k
Pomanda estimates the enterprise value of ERU ELECTRICAL AND SECURITY PRODUCTS LTD at £620.3k based on a Turnover of £1.5m and 0.4x industry multiple (adjusted for size and gross margin).
eru electrical and security products ltdEstimated Valuation
£124.7k
Pomanda estimates the enterprise value of ERU ELECTRICAL AND SECURITY PRODUCTS LTD at £124.7k based on an EBITDA of £32k and a 3.9x industry multiple (adjusted for size and gross margin).
eru electrical and security products ltdEstimated Valuation
£498.5k
Pomanda estimates the enterprise value of ERU ELECTRICAL AND SECURITY PRODUCTS LTD at £498.5k based on Net Assets of £164.8k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eru Electrical And Security Products LtdOverview
Eru Electrical And Security Products Ltd is a live company located in wigan, WN4 0SU with a Companies House number of 11166791. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in January 2018, it's largest shareholder is
imtiaz master
with a 90% stake. Eru Electrical And Security Products Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.5m with
rapid
growth in recent years.
Eru Electrical And Security Products Ltd Health Check
Pomanda's financial health check has awarded Eru Electrical And Security Products Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.5m, make it in line with the average company (£1.6m)
£1.5m - Eru Electrical And Security Products Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (8.6%)
39% - Eru Electrical And Security Products Ltd
8.6% - Industry AVG
Production
with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)
42.6% - Eru Electrical And Security Products Ltd
42.6% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (5%)
1.9% - Eru Electrical And Security Products Ltd
5% - Industry AVG
Employees
with 8 employees, this is below the industry average (38)
8 - Eru Electrical And Security Products Ltd
38 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has an equivalent pay structure (£19.4k)
£19.4k - Eru Electrical And Security Products Ltd
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £191.6k, this is more efficient (£88.7k)
£191.6k - Eru Electrical And Security Products Ltd
£88.7k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (9 days)
22 days - Eru Electrical And Security Products Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (32 days)
50 days - Eru Electrical And Security Products Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 234 days, this is more than average (84 days)
234 days - Eru Electrical And Security Products Ltd
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is less cash available to meet short term requirements (25 weeks)
11 weeks - Eru Electrical And Security Products Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.5%, this is a higher level of debt than the average (64%)
77.5% - Eru Electrical And Security Products Ltd
64% - Industry AVG
ERU ELECTRICAL AND SECURITY PRODUCTS LTD financials
EXPORT
Eru Electrical And Security Products Ltd's latest turnover from January 2024 is estimated at £1.5 million and the company has net assets of £164.8 thousand. According to their latest financial statements, Eru Electrical And Security Products Ltd has 8 employees and maintains cash reserves of £55.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Turnover
1,532,617
914,846
526,570
574,045
451,859
595,659
Other Income Or Grants
Cost Of Sales
880,268
530,004
313,570
330,907
253,119
336,119
Gross Profit
652,349
384,842
213,000
243,138
198,740
259,541
Admin Expenses
623,543
361,556
144,696
190,504
160,734
210,925
Operating Profit
28,806
23,286
68,304
52,634
38,006
48,616
Interest Payable
30,781
16,451
7,873
5,888
3,012
264
Interest Receivable
2,930
3,274
398
131
809
527
Pre-Tax Profit
955
10,109
60,830
46,877
35,802
48,879
Tax
-239
-1,921
-11,558
-8,907
-6,802
-9,287
Profit After Tax
716
8,188
49,272
37,970
29,000
39,592
Dividends Paid
Retained Profit
716
8,188
49,272
37,970
29,000
39,592
Employee Costs
155,345
172,130
130,183
122,616
90,272
85,052
Number Of Employees
8
9
7
7
5
5
EBITDA*
31,970
26,574
70,771
55,216
41,072
52,429
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Tangible Assets
13,238
16,402
12,006
13,192
13,871
16,937
Intangible Assets
Investments & Other
94,413
94,413
Debtors (Due After 1 year)
Total Fixed Assets
13,238
16,402
106,419
107,605
13,871
16,937
Stock & work in progress
565,899
495,320
236,950
182,654
170,133
101,560
Trade Debtors
96,133
24,456
8,973
6,324
15,941
29,940
Group Debtors
Misc Debtors
3,640
715
Cash
55,894
55,709
131,399
187,191
75,199
140,515
misc current assets
total current assets
717,926
575,485
377,322
379,809
261,988
272,015
total assets
731,164
591,887
483,741
487,414
275,859
288,952
Bank overdraft
36,340
10,000
11,565
2,025
Bank loan
Trade Creditors
122,616
149,996
122,534
156,025
63,538
102,027
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
102,526
71,735
64,960
113,101
62,196
139,421
total current liabilities
261,482
231,731
199,059
271,151
125,734
241,448
loans
304,844
196,034
128,748
109,601
81,433
7,812
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
304,844
196,034
128,748
109,601
81,433
7,812
total liabilities
566,326
427,765
327,807
380,752
207,167
249,260
net assets
164,838
164,122
155,934
106,662
68,692
39,692
total shareholders funds
164,838
164,122
155,934
106,662
68,692
39,692
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Operating Activities
Operating Profit
28,806
23,286
68,304
52,634
38,006
48,616
Depreciation
3,164
3,288
2,467
2,582
3,066
3,813
Amortisation
Tax
-239
-1,921
-11,558
-8,907
-6,802
-9,287
Stock
70,579
258,370
54,296
12,521
68,573
101,560
Debtors
71,677
15,483
-991
-6,692
-13,284
29,940
Creditors
-27,380
27,462
-33,491
92,487
-38,489
102,027
Accruals and Deferred Income
30,791
6,775
-48,141
50,905
-77,225
139,421
Deferred Taxes & Provisions
Cash flow from operations
-107,114
-214,963
-75,724
183,872
-136,733
153,090
Investing Activities
capital expenditure
-7,684
-1,281
-1,903
-20,750
Change in Investments
-94,413
94,413
cash flow from investments
86,729
-1,281
-96,316
-20,750
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
108,810
67,286
19,147
28,168
73,621
7,812
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-27,851
-13,177
-7,475
-5,757
-2,203
263
cash flow from financing
80,959
54,109
11,672
22,411
71,418
8,175
cash and cash equivalents
cash
185
-75,690
-55,792
111,992
-65,316
140,515
overdraft
26,340
-1,565
9,540
2,025
change in cash
-26,155
-74,125
-65,332
109,967
-65,316
140,515
eru electrical and security products 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 eru electrical and security products ltd. Get real-time insights into eru electrical and security products ltd's credit score, group structure and payment trends.
Eru Electrical And Security Products Ltd Competitor Analysis
Perform a competitor analysis for eru electrical and security products ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WN4 area or any other competitors across 12 key performance metrics.
eru electrical and security products ltd Ownership
ERU ELECTRICAL AND SECURITY PRODUCTS LTD group structure
Eru Electrical And Security Products Ltd has no subsidiary companies.
Ultimate parent company
ERU ELECTRICAL AND SECURITY PRODUCTS LTD
11166791
ERU ELECTRICAL AND SECURITY PRODUCTS LTD Shareholders
The largest shareholders in Eru Electrical And Security Products Ltd include Imtiaz Master and Jonathan Slater.
imtiaz master
90%
jonathan slater
10%
eru electrical and security products ltd directors
Eru Electrical And Security Products Ltd currently has 2 directors.
The longest serving directors include
Mr Imtiaz Master (Jan 2018) and
Mr Jonathan Slater (May 2022).
eru electrical and security products ltd company details
company number
11166791
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
January 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
eru electrical products ltd (January 2018)
accountant
TREVOR HALL ASSOCIATES LIMITED
auditor
-
address
30 hamilton road, ashton-in-makerfield, wigan, WN4 0SU
Bank
-
Legal Advisor
-
eru electrical and security products 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 eru electrical and security products ltd.
eru electrical and security products 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 ERU ELECTRICAL AND SECURITY PRODUCTS LTD. This can take several minutes, an email will notify you when this has completed.
eru electrical and security products ltdCompanies House Filings - See Documents
