enermech holdings ltd
enermech holdings ltd Company Information
Company Number
12602664
Next Accounts
Sep 2025
Shareholders
enermech topco ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o a w plant services eurocentr, north river road, great yarmouth, NR30 1TE
Website
-enermech holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ENERMECH HOLDINGS LTD at £609.8m based on a Turnover of £446.4m and 1.37x industry multiple (adjusted for size and gross margin).
enermech holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ENERMECH HOLDINGS LTD at £0 based on an EBITDA of £-66.8m and a 5.71x industry multiple (adjusted for size and gross margin).
enermech holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ENERMECH HOLDINGS LTD at £0 based on Net Assets of £-198.1m and 1.31x industry multiple (adjusted for liquidity).
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Enermech Holdings Ltd Overview
Enermech Holdings Ltd is a live company located in great yarmouth, NR30 1TE with a Companies House number of 12602664. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2020, it's largest shareholder is enermech topco ltd with a 100% stake. Enermech Holdings Ltd is a young, mega sized company, Pomanda has estimated its turnover at £446.4m with high growth in recent years.
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Enermech Holdings Ltd Health Check
Pomanda's financial health check has awarded Enermech Holdings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £446.4m, make it larger than the average company (£18.9m)
£446.4m - Enermech Holdings Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (10.5%)
28% - Enermech Holdings Ltd
10.5% - Industry AVG
Production
with a gross margin of 5.4%, this company has a higher cost of product (36.3%)
5.4% - Enermech Holdings Ltd
36.3% - Industry AVG
Profitability
an operating margin of -18.5% make it less profitable than the average company (4.5%)
-18.5% - Enermech Holdings Ltd
4.5% - Industry AVG
Employees
with 3640 employees, this is above the industry average (104)
3640 - Enermech Holdings Ltd
104 - Industry AVG
Pay Structure
on an average salary of £65k, the company has a higher pay structure (£44.7k)
£65k - Enermech Holdings Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £122.6k, this is less efficient (£191k)
£122.6k - Enermech Holdings Ltd
£191k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (45 days)
91 days - Enermech Holdings Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (44 days)
34 days - Enermech Holdings Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (40 days)
15 days - Enermech Holdings Ltd
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Enermech Holdings Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.5%, this is a higher level of debt than the average (69.7%)
179.5% - Enermech Holdings Ltd
69.7% - Industry AVG
ENERMECH HOLDINGS LTD financials
Enermech Holdings Ltd's latest turnover from December 2023 is £446.4 million and the company has net assets of -£198.1 million. According to their latest financial statements, Enermech Holdings Ltd has 3,640 employees and maintains cash reserves of £43 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 446,393,000 | 362,929,000 | 307,587,000 | 210,528,000 |
| Other Income Or Grants | 4,945,000 | |||
| Cost Of Sales | 422,441,000 | 348,516,000 | 279,942,000 | 185,828,000 |
| Gross Profit | 23,952,000 | 14,413,000 | 32,590,000 | 24,700,000 |
| Admin Expenses | 106,633,000 | 53,578,000 | 50,827,000 | 64,272,000 |
| Operating Profit | -82,681,000 | -39,165,000 | -18,237,000 | -39,572,000 |
| Interest Payable | 40,547,000 | 15,669,000 | 9,875,000 | 12,167,000 |
| Interest Receivable | 287,000 | 162,000 | 10,000 | 40,000 |
| Pre-Tax Profit | -133,509,000 | -101,548,000 | -28,744,000 | -50,592,000 |
| Tax | -5,282,000 | -4,615,000 | 5,709,000 | -2,975,000 |
| Profit After Tax | -138,791,000 | -106,163,000 | -23,035,000 | -53,567,000 |
| Dividends Paid | ||||
| Retained Profit | -137,368,000 | -106,248,000 | -23,141,000 | -53,847,000 |
| Employee Costs | 236,598,000 | 205,272,000 | 168,781,000 | 119,943,000 |
| Number Of Employees | 3,640 | 2,907 | 2,752 | 2,149 |
| EBITDA* | -66,837,000 | -16,547,000 | 2,720,000 | -19,120,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 46,476,000 | 58,579,000 | 86,329,000 | 63,282,000 |
| Intangible Assets | 17,763,000 | 13,702,000 | 48,795,000 | 48,998,000 |
| Investments & Other | 2,095,000 | 1,887,000 | 1,229,000 | 853,000 |
| Debtors (Due After 1 year) | 6,041,000 | 3,274,000 | 11,926,000 | 2,608,000 |
| Total Fixed Assets | 64,239,000 | 72,281,000 | 123,198,000 | 109,672,000 |
| Stock & work in progress | 17,369,000 | 17,269,000 | 14,999,000 | 11,852,000 |
| Trade Debtors | 111,514,000 | 109,344,000 | 89,086,000 | 65,320,000 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 42,979,000 | 33,983,000 | 20,794,000 | 46,204,000 |
| misc current assets | 13,157,000 | 13,215,000 | 7,709,000 | 8,328,000 |
| total current assets | 185,019,000 | 173,811,000 | 132,588,000 | 131,704,000 |
| total assets | 249,258,000 | 246,092,000 | 255,786,000 | 241,376,000 |
| Bank overdraft | ||||
| Bank loan | 279,021,000 | |||
| Trade Creditors | 39,630,000 | 32,260,000 | 24,412,000 | 11,777,000 |
| Group/Directors Accounts | ||||
| other short term finances | 54,502,000 | 42,268,000 | ||
| hp & lease commitments | 5,374,000 | 4,231,000 | 3,712,000 | 2,413,000 |
| other current liabilities | 55,709,000 | 63,960,000 | 39,682,000 | 31,190,000 |
| total current liabilities | 434,236,000 | 142,719,000 | 67,806,000 | 45,380,000 |
| loans | 25,608,000 | 338,076,000 | 288,520,000 | 264,164,000 |
| hp & lease commitments | 12,804,000 | 7,973,000 | ||
| Accruals and Deferred Income | ||||
| other liabilities | 215,000 | |||
| provisions | 550,000 | 522,000 | 262,000 | 24,000 |
| total long term liabilities | 13,079,000 | 169,514,000 | 144,391,000 | 132,094,000 |
| total liabilities | 447,315,000 | 312,233,000 | 212,197,000 | 177,474,000 |
| net assets | -198,057,000 | -66,141,000 | 43,589,000 | 63,902,000 |
| total shareholders funds | -198,057,000 | -66,141,000 | 43,589,000 | 63,902,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -82,681,000 | -39,165,000 | -18,237,000 | -39,572,000 |
| Depreciation | 14,775,000 | 15,319,000 | 20,271,000 | 20,067,000 |
| Amortisation | 1,069,000 | 7,299,000 | 686,000 | 385,000 |
| Tax | -5,282,000 | -4,615,000 | 5,709,000 | -2,975,000 |
| Stock | 100,000 | 2,270,000 | 3,147,000 | 11,852,000 |
| Debtors | 4,937,000 | 11,606,000 | 33,084,000 | 67,928,000 |
| Creditors | 7,370,000 | 7,848,000 | 12,635,000 | 11,777,000 |
| Accruals and Deferred Income | -8,251,000 | 24,278,000 | 8,492,000 | 31,190,000 |
| Deferred Taxes & Provisions | 28,000 | 260,000 | 238,000 | 24,000 |
| Cash flow from operations | -78,009,000 | -2,652,000 | -6,437,000 | -58,884,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 208,000 | 658,000 | 376,000 | 853,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 279,021,000 | |||
| Group/Directors Accounts | ||||
| Other Short Term Loans | 12,234,000 | 42,268,000 | ||
| Long term loans | -312,468,000 | 49,556,000 | 24,356,000 | 264,164,000 |
| Hire Purchase and Lease Commitments | 5,974,000 | 8,492,000 | 1,299,000 | 2,413,000 |
| other long term liabilities | -215,000 | 215,000 | ||
| share issue | ||||
| interest | -40,260,000 | -15,507,000 | -9,865,000 | -12,127,000 |
| cash flow from financing | -50,262,000 | 81,542,000 | 18,618,000 | 372,199,000 |
| cash and cash equivalents | ||||
| cash | 8,996,000 | 13,189,000 | -25,410,000 | 46,204,000 |
| overdraft | ||||
| change in cash | 8,996,000 | 13,189,000 | -25,410,000 | 46,204,000 |
enermech holdings ltd Credit Report and Business Information
Enermech Holdings Ltd Competitor Analysis
Perform a competitor analysis for enermech holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in NR30 area or any other competitors across 12 key performance metrics.
enermech holdings ltd Ownership
ENERMECH HOLDINGS LTD group structure
Enermech Holdings Ltd has 1 subsidiary company.
Ultimate parent company
ENERMECH HOLDINGS LTD
12602664
1 subsidiary
enermech holdings ltd directors
Enermech Holdings Ltd currently has 5 directors. The longest serving directors include Mr Christian Brown (May 2020) and Mr Paul Odonnell (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christian Brown | Scotland | 55 years | May 2020 | - | Director |
| Mr Paul Odonnell | 46 years | Sep 2023 | - | Director | |
| Mr Edward Manning | Scotland | 41 years | Oct 2023 | - | Director |
| Mr Adriano Bianchi | Scotland | 66 years | Feb 2024 | - | Director |
| Mr Charles Davison Jr | United States | 56 years | Apr 2024 | - | Director |
P&L
December 2023turnover
446.4m
+23%
operating profit
-82.7m
+111%
gross margin
5.4%
+35.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-198.1m
+1.99%
total assets
249.3m
+0.01%
cash
43m
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
enermech holdings ltd company details
company number
12602664
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
ciep epoch newco 3 limited (May 2020)
marengo newco 3 limited (May 2020)
accountant
-
auditor
ERNST & YOUNG LLP
address
c/o a w plant services eurocentr, north river road, great yarmouth, NR30 1TE
Bank
-
Legal Advisor
-
enermech holdings 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 10 charges/mortgages relating to enermech holdings ltd. Currently there are 10 open charges and 0 have been satisfied in the past.
enermech holdings 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.
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enermech holdings ltd Companies House Filings - See Documents
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