unit 1 stewartby business park, broadmead road, stewartby, bedfordshire, MK43 9ND
Website
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andersen ev plcEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of ANDERSEN EV PLC at £2.3m based on a Turnover of £3.7m and 0.62x industry multiple (adjusted for size and gross margin).
andersen ev plcEstimated Valuation
£0
Pomanda estimates the enterprise value of ANDERSEN EV PLC at £0 based on an EBITDA of £-1.6m and a 4.06x industry multiple (adjusted for size and gross margin).
andersen ev plcEstimated Valuation
£12.5m
Pomanda estimates the enterprise value of ANDERSEN EV PLC at £12.5m based on Net Assets of £7.4m and 1.68x industry multiple (adjusted for liquidity).
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Andersen Ev PlcOverview
Andersen Ev Plc is a live company located in stewartby, MK43 9ND with a Companies House number of 13210392. It operates in the manufacture of consumer electronics sector, SIC Code 26400. Founded in February 2021, it's largest shareholder is
david martell
with a 52.3% stake. Andersen Ev Plc is a startup,
small sized company, Pomanda has estimated its turnover at
£3.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Andersen Ev Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
4 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£9.4m)
£3.7m - Andersen Ev Plc
£9.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Andersen Ev Plc
- - Industry AVG
Production
with a gross margin of 43%, this company has a lower cost of product (35.5%)
43% - Andersen Ev Plc
35.5% - Industry AVG
Profitability
an operating margin of -47.2% make it less profitable than the average company (2.8%)
-47.2% - Andersen Ev Plc
2.8% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (37)
39 - Andersen Ev Plc
37 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has a lower pay structure (£54k)
£41.1k - Andersen Ev Plc
£54k - Industry AVG
Efficiency
resulting in sales per employee of £94.9k, this is less efficient (£236.2k)
£94.9k - Andersen Ev Plc
£236.2k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (41 days)
3 days - Andersen Ev Plc
41 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (36 days)
51 days - Andersen Ev Plc
36 days - Industry AVG
Stock Days
it holds stock equivalent to 161 days, this is more than average (106 days)
161 days - Andersen Ev Plc
106 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 422 weeks, this is more cash available to meet short term requirements (18 weeks)
422 weeks - Andersen Ev Plc
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.2%, this is a lower level of debt than the average (51.3%)
6.2% - Andersen Ev Plc
51.3% - Industry AVG
ANDERSEN EV PLC financials
EXPORT
Andersen Ev Plc's latest turnover from March 2024 is £3.7 million and the company has net assets of £7.4 million. According to their latest financial statements, Andersen Ev Plc has 39 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
3,700,978
1,341,618
Other Income Or Grants
Cost Of Sales
2,110,464
798,099
Gross Profit
1,590,514
543,519
Admin Expenses
3,339,136
2,222,396
788,148
Operating Profit
-1,748,622
-1,678,877
-788,148
Interest Payable
Interest Receivable
58,778
19,542
Pre-Tax Profit
-1,689,844
-1,659,335
-788,148
Tax
Profit After Tax
-1,689,844
-1,659,335
-788,148
Dividends Paid
Retained Profit
-1,689,844
-1,659,335
-788,148
Employee Costs
1,601,153
944,098
27,245
Number Of Employees
39
24
5
EBITDA*
-1,550,865
-1,565,250
-781,300
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
796,648
766,580
196,592
Intangible Assets
1,624,426
926,043
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,421,074
1,692,623
196,592
Stock & work in progress
931,033
875,528
597,339
Trade Debtors
31,188
17,950
Group Debtors
Misc Debtors
535,890
403,172
227,379
Cash
3,989,530
2,750,369
13,844
misc current assets
total current assets
5,487,641
4,047,019
838,562
total assets
7,908,715
5,739,642
1,035,154
Bank overdraft
Bank loan
Trade Creditors
297,394
350,239
282,040
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
193,589
206,001
19,662
total current liabilities
490,983
556,240
301,702
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
490,983
556,240
301,702
net assets
7,417,732
5,183,402
733,452
total shareholders funds
7,417,732
5,183,402
733,452
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-1,748,622
-1,678,877
-788,148
Depreciation
197,757
113,627
6,848
Amortisation
Tax
Stock
55,505
278,189
597,339
Debtors
145,956
193,743
227,379
Creditors
-52,845
68,199
282,040
Accruals and Deferred Income
-12,412
186,339
19,662
Deferred Taxes & Provisions
Cash flow from operations
-1,817,583
-1,782,644
-1,304,316
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,924,174
6,109,285
1,521,600
interest
58,778
19,542
cash flow from financing
3,982,952
6,128,827
1,521,600
cash and cash equivalents
cash
1,239,161
2,736,525
13,844
overdraft
change in cash
1,239,161
2,736,525
13,844
andersen ev plc 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 andersen ev plc. Get real-time insights into andersen ev plc's credit score, group structure and payment trends.
Perform a competitor analysis for andersen ev plc by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in MK43 area or any other competitors across 12 key performance metrics.
andersen ev plc Ownership
ANDERSEN EV PLC group structure
Andersen Ev Plc has no subsidiary companies.
Ultimate parent company
ANDERSEN EV PLC
13210392
ANDERSEN EV PLC Shareholders
The largest shareholders in Andersen Ev Plc include David Martell and Jeffrey Solomon.
david martell
52.34%
jeffrey solomon
14.5%
evangeline kalo
7.25%
mark hillery
4.52%
proven vct plc
4.43%
proven growth & income vct plc
1.9%
trend venture 1 fund & a cell of trend ventures pcc ltd
1.58%
sprinter limited
1.45%
patric marshall
0.78%
trend investment group ltd
0.65%
andersen ev plc directors
Andersen Ev Plc currently has 5 directors.
The longest serving directors include
Mr Jeffrey Solomon (Feb 2021) and
Mr David Martell (Aug 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
7.4m
+0.43%
total assets
7.9m
+0.38%
cash
4m
+0.45%
net assets
Total assets minus all liabilities
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andersen ev plc company details
company number
13210392
Type
Public limited with Share Capital
industry
26400 - Manufacture of consumer electronics
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2024
previous names
evios plc (March 2024)
smartcharge systems plc (February 2022)
accountant
-
auditor
HAINES WATTS HIGH WYCOMBE LIMITED
address
unit 1 stewartby business park, broadmead road, stewartby, bedfordshire, MK43 9ND
Bank
-
Legal Advisor
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andersen ev plc 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 andersen ev plc.
andersen ev plc 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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andersen ev plcCompanies House Filings - See Documents
