element group ltd
element group ltd Company Information
Company Number
11592326
Website
www.acronelectrical.co.ukRegistered Address
cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ
Industry
Electrical installation
Telephone
441424858124
Next Accounts Due
448 days late
Group Structure
View All
Shareholders
klark dillan schoburgh 100%
element group ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEMENT GROUP LTD at £231k based on a Turnover of £489k and 0.47x industry multiple (adjusted for size and gross margin).
element group ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEMENT GROUP LTD at £210.3k based on an EBITDA of £40.8k and a 5.16x industry multiple (adjusted for size and gross margin).
element group ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEMENT GROUP LTD at £152.6k based on Net Assets of £69.5k and 2.2x industry multiple (adjusted for liquidity).
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Element Group Ltd Overview
Element Group Ltd is a live company located in grimsby, DN31 2LJ with a Companies House number of 11592326. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2018, it's largest shareholder is klark dillan schoburgh with a 100% stake. Element Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £489k with unknown growth in recent years.
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Element Group Ltd Health Check
Pomanda's financial health check has awarded Element Group Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £489k, make it smaller than the average company (£825.6k)
- Element Group Ltd
£825.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Element Group Ltd
- - Industry AVG
Production
with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)
- Element Group Ltd
24.6% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (6.5%)
- Element Group Ltd
6.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (15)
9 - Element Group Ltd
15 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- Element Group Ltd
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is less efficient (£104.4k)
- Element Group Ltd
£104.4k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (67 days)
- Element Group Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (46 days)
- Element Group Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (6 days)
- Element Group Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (24 weeks)
10 weeks - Element Group Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.7%, this is a higher level of debt than the average (67.6%)
78.7% - Element Group Ltd
67.6% - Industry AVG
ELEMENT GROUP LTD financials
Element Group Ltd's latest turnover from September 2021 is estimated at £489 thousand and the company has net assets of £69.5 thousand. According to their latest financial statements, Element Group Ltd has 9 employees and maintains cash reserves of £39.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|
| 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 | 9 | 10 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|
| Tangible Assets | 32,928 | 17,937 | 19,723 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 32,928 | 17,937 | 19,723 |
| Stock & work in progress | 2,000 | 2,000 | 2,000 |
| Trade Debtors | 80,260 | 67,432 | 54,907 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 172,011 | 161,747 | 0 |
| Cash | 39,611 | 17,124 | 16,970 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 293,882 | 248,303 | 73,877 |
| total assets | 326,810 | 266,240 | 93,600 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 61,257 | 70,927 | 46,580 |
| Group/Directors Accounts | 2,682 | 7,520 | 416 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 1,865 | 3,358 |
| other current liabilities | 136,648 | 88,325 | 22,993 |
| total current liabilities | 200,587 | 168,637 | 73,347 |
| loans | 50,470 | 50,000 | 0 |
| hp & lease commitments | 0 | 0 | 1,570 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 6,256 | 3,408 | 0 |
| total long term liabilities | 56,726 | 53,408 | 1,570 |
| total liabilities | 257,313 | 222,045 | 74,917 |
| net assets | 69,497 | 44,195 | 18,683 |
| total shareholders funds | 69,497 | 44,195 | 18,683 |
| Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 6,487 | 3,552 | 3,772 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 2,000 |
| Debtors | 23,092 | 174,272 | 54,907 |
| Creditors | -9,670 | 24,347 | 46,580 |
| Accruals and Deferred Income | 48,323 | 65,332 | 22,993 |
| Deferred Taxes & Provisions | 2,848 | 3,408 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -4,838 | 7,104 | 416 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 470 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | -1,865 | -3,063 | 4,928 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 22,487 | 154 | 16,970 |
| overdraft | 0 | 0 | 0 |
| change in cash | 22,487 | 154 | 16,970 |
element group ltd Credit Report and Business Information
Element Group Ltd Competitor Analysis
Perform a competitor analysis for element group ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DN31 area or any other competitors across 12 key performance metrics.
element group ltd Ownership
ELEMENT GROUP LTD group structure
Element Group Ltd has no subsidiary companies.
Ultimate parent company
ELEMENT GROUP LTD
11592326
element group ltd directors
Element Group Ltd currently has 2 directors. The longest serving directors include Mr Daniel Willis (Oct 2021) and Mr Klark Schoburgh (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Willis | England | 39 years | Oct 2021 | - | Director |
| Mr Klark Schoburgh | England | 33 years | Nov 2022 | - | Director |
P&L
September 2021turnover
489k
-10%
operating profit
34.3k
0%
gross margin
24.6%
-2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
69.5k
+0.57%
total assets
326.8k
+0.23%
cash
39.6k
+1.31%
net assets
Total assets minus all liabilities
element group ltd company details
company number
11592326
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
September 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
acron electrics (south east) limited (August 2021)
last accounts submitted
September 2021
address
cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ
accountant
ASHDOWN HURREY
auditor
-
element group 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 element group ltd.
element group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
