the town hall ffrwd crescent, mountain ash, CF45 4AB
Website
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ergo events ltdEstimated Valuation
£18.6k
Pomanda estimates the enterprise value of ERGO EVENTS LTD at £18.6k based on a Turnover of £50.5k and 0.37x industry multiple (adjusted for size and gross margin).
ergo events ltdEstimated Valuation
£3.1k
Pomanda estimates the enterprise value of ERGO EVENTS LTD at £3.1k based on an EBITDA of £1.1k and a 2.73x industry multiple (adjusted for size and gross margin).
ergo events ltdEstimated Valuation
£15.9k
Pomanda estimates the enterprise value of ERGO EVENTS LTD at £15.9k based on Net Assets of £5.6k and 2.85x industry multiple (adjusted for liquidity).
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Ergo Events LtdOverview
Ergo Events Ltd is a live company located in mountain ash, CF45 4AB with a Companies House number of 12843342. It operates in the event catering activities sector, SIC Code 56210. Founded in August 2020, it's largest shareholder is
steven bines
with a 50% stake. Ergo Events Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£50.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Ergo Events Ltd a 2 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
Health Rating2out of 5
2 Strong
1 Regular
5 Weak
Size
annual sales of £50.5k, make it smaller than the average company (£632.4k)
£50.5k - Ergo Events Ltd
£632.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ergo Events Ltd
- - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (41.9%)
19.4% - Ergo Events Ltd
41.9% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (5.5%)
2.3% - Ergo Events Ltd
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Ergo Events Ltd
11 - Industry AVG
Pay Structure
on an average salary of £18.4k, the company has an equivalent pay structure (£18.4k)
£18.4k - Ergo Events Ltd
£18.4k - Industry AVG
Efficiency
resulting in sales per employee of £25.3k, this is less efficient (£60.7k)
£25.3k - Ergo Events Ltd
£60.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ergo Events Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (29 days)
71 days - Ergo Events Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ergo Events Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ergo Events Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59%, this is a lower level of debt than the average (79.3%)
59% - Ergo Events Ltd
79.3% - Industry AVG
ERGO EVENTS LTD financials
EXPORT
Ergo Events Ltd's latest turnover from August 2023 is estimated at £50.5 thousand and the company has net assets of £5.6 thousand. According to their latest financial statements, Ergo Events Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Turnover
50,533
37,043
49,184
Other Income Or Grants
Cost Of Sales
40,729
31,523
51,466
Gross Profit
9,804
5,520
-2,282
Admin Expenses
8,665
4,132
-6,705
Operating Profit
1,139
1,388
4,423
Interest Payable
Interest Receivable
Pre-Tax Profit
1,139
1,124
3,583
Tax
-285
Profit After Tax
854
1,124
3,583
Dividends Paid
Retained Profit
854
1,124
3,583
Employee Costs
36,864
1,694
2,211
Number Of Employees
2
1
3
EBITDA*
1,139
5,538
6,055
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Tangible Assets
13,471
14,968
6,526
Intangible Assets
Investments & Other
100
Debtors (Due After 1 year)
Total Fixed Assets
13,571
14,968
6,526
Stock & work in progress
Trade Debtors
25
501
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
25
501
total assets
13,571
14,993
7,027
Bank overdraft
Bank loan
Trade Creditors
8,008
2,740
3,444
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
8,008
2,740
3,444
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
7,544
provisions
total long term liabilities
7,544
total liabilities
8,008
10,284
3,444
net assets
5,563
4,709
3,583
total shareholders funds
5,563
4,709
3,583
Aug 2023
Aug 2022
Aug 2021
Operating Activities
Operating Profit
1,139
1,388
4,423
Depreciation
4,150
1,632
Amortisation
Tax
-285
Stock
Debtors
-25
-476
501
Creditors
5,268
-704
3,444
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
6,147
5,310
8,998
Investing Activities
capital expenditure
1,497
-12,592
-8,158
Change in Investments
100
cash flow from investments
1,397
-12,592
-8,158
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,544
7,544
share issue
2
interest
cash flow from financing
-7,544
7,546
cash and cash equivalents
cash
overdraft
change in cash
ergo events 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 ergo events ltd. Get real-time insights into ergo events ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ergo events ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in CF45 area or any other competitors across 12 key performance metrics.
ergo events ltd Ownership
ERGO EVENTS LTD group structure
Ergo Events Ltd has no subsidiary companies.
Ultimate parent company
ERGO EVENTS LTD
12843342
ERGO EVENTS LTD Shareholders
The largest shareholders in Ergo Events Ltd include Steven Bines and Grant Jones.
steven bines
50%
grant jones
50%
ergo events ltd directors
Ergo Events Ltd currently has 2 directors.
The longest serving directors include
Mr Steven Bines (Aug 2020) and
Mr Grant Jones (Nov 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023
net assets
5.6k
+0.18%
total assets
13.6k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
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ergo events ltd company details
company number
12843342
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
the town hall ffrwd crescent, mountain ash, CF45 4AB
Bank
-
Legal Advisor
-
ergo events 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 ergo events ltd.
ergo events 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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ergo events ltdCompanies House Filings - See Documents
