elem cief ltd
elem cief ltd Company Information
Company Number
12141294
Registered Address
6 sherwood rise, nottingham, NG7 6JF
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Telephone
03456027355
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
enterprise loans east midlands 100%
elem cief ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEM CIEF LTD at £1.7m based on a Turnover of £1.1m and 1.48x industry multiple (adjusted for size and gross margin).
elem cief ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEM CIEF LTD at £1.3m based on an EBITDA of £295.8k and a 4.5x industry multiple (adjusted for size and gross margin).
elem cief ltd Estimated Valuation
Pomanda estimates the enterprise value of ELEM CIEF LTD at £0 based on Net Assets of £-304.2k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Elem Cief Ltd Overview
Elem Cief Ltd is a live company located in nottingham, NG7 6JF with a Companies House number of 12141294. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in August 2019, it's largest shareholder is enterprise loans east midlands with a 100% stake. Elem Cief Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Elem Cief Ltd Health Check
Pomanda's financial health check has awarded Elem Cief Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.3m)
- Elem Cief Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 123%, show it is growing at a faster rate (3.5%)
- Elem Cief Ltd
3.5% - Industry AVG
Production
with a gross margin of 66.1%, this company has a comparable cost of product (66.1%)
- Elem Cief Ltd
66.1% - Industry AVG
Profitability
an operating margin of 26.5% make it as profitable than the average company (24.6%)
- Elem Cief Ltd
24.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Elem Cief Ltd
4 - Industry AVG
Pay Structure
on an average salary of £59k, the company has an equivalent pay structure (£59k)
- Elem Cief Ltd
£59k - Industry AVG
Efficiency
resulting in sales per employee of £372.7k, this is equally as efficient (£382.9k)
- Elem Cief Ltd
£382.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Elem Cief Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 229 days, this is slower than average (26 days)
- Elem Cief Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elem Cief Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 97 weeks, this is more cash available to meet short term requirements (14 weeks)
97 weeks - Elem Cief Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.6%, this is a higher level of debt than the average (89.6%)
104.6% - Elem Cief Ltd
89.6% - Industry AVG
ELEM CIEF LTD financials
Elem Cief Ltd's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of -£304.2 thousand. According to their latest financial statements, we estimate that Elem Cief Ltd has 3 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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 | 0 | |||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,765,192 | 2,046,761 | 1,186,071 | 80,000 |
| Total Fixed Assets | 3,765,192 | 2,046,761 | 1,186,071 | 80,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 22,058 | 47,838 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,072,142 | 629,325 | 323,375 | 20,001 |
| Cash | 1,729,717 | 1,217,140 | 617,485 | 436,824 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,801,859 | 1,868,523 | 988,698 | 456,825 |
| total assets | 6,567,051 | 3,915,284 | 2,174,769 | 536,825 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 237,573 | 87,702 | 22,405 | 17,544 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 225,000 | 225,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 683,700 | 6,616 | 6,600 | 0 |
| total current liabilities | 921,273 | 319,318 | 254,005 | 17,544 |
| loans | 5,950,000 | 3,750,000 | 2,025,000 | 550,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,950,000 | 3,750,000 | 2,025,000 | 550,000 |
| total liabilities | 6,871,273 | 4,069,318 | 2,279,005 | 567,544 |
| net assets | -304,222 | -154,034 | -104,236 | -30,719 |
| total shareholders funds | -304,222 | -154,034 | -104,236 | -30,719 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 2,139,190 | 1,140,860 | 1,457,283 | 100,001 |
| Creditors | 149,871 | 65,297 | 4,861 | 17,544 |
| Accruals and Deferred Income | 677,084 | 16 | 6,600 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -225,000 | 0 | 225,000 | 0 |
| Long term loans | 2,200,000 | 1,725,000 | 1,475,000 | 550,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 512,577 | 599,655 | 180,661 | 436,824 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 512,577 | 599,655 | 180,661 | 436,824 |
elem cief ltd Credit Report and Business Information
Elem Cief Ltd Competitor Analysis
Perform a competitor analysis for elem cief ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NG7 area or any other competitors across 12 key performance metrics.
elem cief ltd Ownership
ELEM CIEF LTD group structure
Elem Cief Ltd has no subsidiary companies.
elem cief ltd directors
Elem Cief Ltd currently has 3 directors. The longest serving directors include Mr Hassan Ahmed (Aug 2019) and Mr Mohammed Rashid (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hassan Ahmed | England | 73 years | Aug 2019 | - | Director |
| Mr Mohammed Rashid | England | 56 years | Aug 2019 | - | Director |
| Mr Azad Choudhry | England | 81 years | Aug 2019 | - | Director |
P&L
March 2023turnover
1.1m
+803%
operating profit
295.8k
0%
gross margin
66.2%
-7.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-304.2k
+0.98%
total assets
6.6m
+0.68%
cash
1.7m
+0.42%
net assets
Total assets minus all liabilities
elem cief ltd company details
company number
12141294
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
August 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
UHY HACKER YOUNG
auditor
-
address
6 sherwood rise, nottingham, NG7 6JF
Bank
-
Legal Advisor
-
elem cief 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 found 2 charges/mortgages relating to elem cief ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
elem cief ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
