eric national limited
eric national limited Company Information
Company Number
12179437
Next Accounts
May 2026
Shareholders
joanna fowle
mark john fowle
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o bishop fleming llp, 10 north place, cheltenham, GL50 4DW
Website
-eric national limited Estimated Valuation
Pomanda estimates the enterprise value of ERIC NATIONAL LIMITED at £390.2k based on a Turnover of £772.7k and 0.51x industry multiple (adjusted for size and gross margin).
eric national limited Estimated Valuation
Pomanda estimates the enterprise value of ERIC NATIONAL LIMITED at £0 based on an EBITDA of £-32.2k and a 3.88x industry multiple (adjusted for size and gross margin).
eric national limited Estimated Valuation
Pomanda estimates the enterprise value of ERIC NATIONAL LIMITED at £0 based on Net Assets of £-289.7k and 1.49x industry multiple (adjusted for liquidity).
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Eric National Limited Overview
Eric National Limited is a live company located in cheltenham, GL50 4DW with a Companies House number of 12179437. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2019, it's largest shareholder is joanna fowle with a 50% stake. Eric National Limited is a young, small sized company, Pomanda has estimated its turnover at £772.7k with low growth in recent years.
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Eric National Limited Health Check
Pomanda's financial health check has awarded Eric National Limited a 1.5 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 £772.7k, make it smaller than the average company (£2.3m)
- Eric National Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.1%)
- Eric National Limited
7.1% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Eric National Limited
26.6% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (7.6%)
- Eric National Limited
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Eric National Limited
7 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Eric National Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £386.4k, this is more efficient (£281.8k)
- Eric National Limited
£281.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Eric National Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Eric National Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 566 days, this is more than average (200 days)
- Eric National Limited
200 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Eric National Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.5%, this is a higher level of debt than the average (72.9%)
112.5% - Eric National Limited
72.9% - Industry AVG
ERIC NATIONAL LIMITED financials
Eric National Limited's latest turnover from August 2024 is estimated at £772.7 thousand and the company has net assets of -£289.7 thousand. According to their latest financial statements, Eric National Limited has 2 employees and maintains cash reserves of £37.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 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 | |||||
| Number Of Employees | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 11,967 | 15,544 | 12,409 | 1,937 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,380,600 | 1,380,600 | 1,341,215 | 1,341,215 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,392,567 | 1,396,144 | 1,353,624 | 1,343,152 | 0 |
| Stock & work in progress | 879,551 | 840,590 | 798,744 | 760,449 | 37,236 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,520 | 6,444 | 389 | 8,990 | 0 |
| Cash | 37,398 | 41,745 | 760,760 | 1,322 | 73 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 918,469 | 888,779 | 1,559,893 | 770,761 | 37,309 |
| total assets | 2,311,036 | 2,284,923 | 2,913,517 | 2,113,913 | 37,309 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 21,278 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,452,093 | 1,396,555 | 2,101,555 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 338,519 | 250,494 | 108,702 | 2,102,481 | 38,090 |
| total current liabilities | 1,790,612 | 1,647,049 | 2,231,535 | 2,102,481 | 38,090 |
| loans | 791,000 | 791,000 | 769,722 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 19,090 | 13,627 | 8,179 | 2,731 | 0 |
| total long term liabilities | 810,090 | 804,627 | 777,901 | 2,731 | 0 |
| total liabilities | 2,600,702 | 2,451,676 | 3,009,436 | 2,105,212 | 38,090 |
| net assets | -289,666 | -166,753 | -95,919 | 8,701 | -781 |
| total shareholders funds | -289,666 | -166,753 | -95,919 | 8,701 | -781 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 5,709 | 5,332 | 1,726 | 57 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 38,961 | 41,846 | 38,295 | 723,213 | 37,236 |
| Debtors | -4,924 | 6,055 | -8,601 | 8,990 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 88,025 | 141,792 | -1,993,779 | 2,064,391 | 38,090 |
| Deferred Taxes & Provisions | 5,463 | 5,448 | 5,448 | 2,731 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 39,385 | 0 | 1,341,215 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | -21,278 | 21,278 | 0 | 0 |
| Group/Directors Accounts | 55,538 | -705,000 | 2,101,555 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 21,278 | 769,722 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -4,347 | -719,015 | 759,438 | 1,249 | 73 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,347 | -719,015 | 759,438 | 1,249 | 73 |
eric national limited Credit Report and Business Information
Eric National Limited Competitor Analysis
Perform a competitor analysis for eric national limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in GL50 area or any other competitors across 12 key performance metrics.
eric national limited Ownership
ERIC NATIONAL LIMITED group structure
Eric National Limited has no subsidiary companies.
Ultimate parent company
ERIC NATIONAL LIMITED
12179437
eric national limited directors
Eric National Limited currently has 2 directors. The longest serving directors include Mrs Joanna Fowle (Aug 2019) and Mr Mark Fowle (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanna Fowle | United Kingdom | 57 years | Aug 2019 | - | Director |
| Mr Mark Fowle | United Kingdom | 59 years | Aug 2019 | - | Director |
P&L
August 2024turnover
772.7k
-6%
operating profit
-37.9k
0%
gross margin
26.7%
-0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
-289.7k
+0.74%
total assets
2.3m
+0.01%
cash
37.4k
-0.1%
net assets
Total assets minus all liabilities
eric national limited company details
company number
12179437
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
-
address
c/o bishop fleming llp, 10 north place, cheltenham, GL50 4DW
Bank
-
Legal Advisor
-
eric national 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 eric national limited. Currently there are 3 open charges and 0 have been satisfied in the past.
eric national 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.
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eric national limited Companies House Filings - See Documents
| date | description | view/download |
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