errigal sustainable developments ltd
errigal sustainable developments ltd Company Information
Company Number
13877122
Website
-Registered Address
estra house station approach, streatham, london, SW16 6HW
Industry
Development of building projects
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
errigal contracts group limited 100%
errigal sustainable developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL SUSTAINABLE DEVELOPMENTS LTD at £135.1k based on a Turnover of £255.5k and 0.53x industry multiple (adjusted for size and gross margin).
errigal sustainable developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL SUSTAINABLE DEVELOPMENTS LTD at £0 based on an EBITDA of £-119k and a 4.02x industry multiple (adjusted for size and gross margin).
errigal sustainable developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL SUSTAINABLE DEVELOPMENTS LTD at £0 based on Net Assets of £-210.6k and 1.55x industry multiple (adjusted for liquidity).
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Errigal Sustainable Developments Ltd Overview
Errigal Sustainable Developments Ltd is a live company located in london, SW16 6HW with a Companies House number of 13877122. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2022, it's largest shareholder is errigal contracts group limited with a 100% stake. Errigal Sustainable Developments Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £255.5k with unknown growth in recent years.
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Errigal Sustainable Developments Ltd Health Check
Pomanda's financial health check has awarded Errigal Sustainable Developments Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £255.5k, make it smaller than the average company (£2.6m)
- Errigal Sustainable Developments Ltd
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Errigal Sustainable Developments Ltd
- - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Errigal Sustainable Developments Ltd
26.2% - Industry AVG
Profitability
an operating margin of -46.6% make it less profitable than the average company (6.6%)
- Errigal Sustainable Developments Ltd
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Errigal Sustainable Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Errigal Sustainable Developments Ltd
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £255.5k, this is less efficient (£312.7k)
- Errigal Sustainable Developments Ltd
£312.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Errigal Sustainable Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (31 days)
- Errigal Sustainable Developments Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 957 days, this is more than average (168 days)
- Errigal Sustainable Developments Ltd
168 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Errigal Sustainable Developments Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.6%, this is a higher level of debt than the average (74.9%)
141.6% - Errigal Sustainable Developments Ltd
74.9% - Industry AVG
ERRIGAL SUSTAINABLE DEVELOPMENTS LTD financials
Errigal Sustainable Developments Ltd's latest turnover from December 2023 is estimated at £255.5 thousand and the company has net assets of -£210.6 thousand. According to their latest financial statements, Errigal Sustainable Developments Ltd has 1 employee and maintains cash reserves of £2.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 494,621 | 0 |
| Trade Debtors | 0 | 15,425 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 8,644 | 0 |
| Cash | 2,590 | 13,463 |
| misc current assets | 0 | 0 |
| total current assets | 505,855 | 28,888 |
| total assets | 505,855 | 28,888 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 2,443 | 0 |
| Group/Directors Accounts | 707,075 | 99,372 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 6,966 | 21,576 |
| total current liabilities | 716,484 | 120,948 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 716,484 | 120,948 |
| net assets | -210,629 | -92,060 |
| total shareholders funds | -210,629 | -92,060 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 494,621 | 0 |
| Debtors | -6,781 | 15,425 |
| Creditors | 2,443 | 0 |
| Accruals and Deferred Income | -14,610 | 21,576 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 607,703 | 99,372 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -10,873 | 13,463 |
| overdraft | 0 | 0 |
| change in cash | -10,873 | 13,463 |
errigal sustainable developments ltd Credit Report and Business Information
Errigal Sustainable Developments Ltd Competitor Analysis
Perform a competitor analysis for errigal sustainable developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SW16 area or any other competitors across 12 key performance metrics.
errigal sustainable developments ltd Ownership
ERRIGAL SUSTAINABLE DEVELOPMENTS LTD group structure
Errigal Sustainable Developments Ltd has no subsidiary companies.
Ultimate parent company
ERRIGAL CONTRACTS GROUP LIMITED
IE456665
1 parent
ERRIGAL SUSTAINABLE DEVELOPMENTS LTD
13877122
errigal sustainable developments ltd directors
Errigal Sustainable Developments Ltd currently has 2 directors. The longest serving directors include Mr Cormac McCloskey (Jun 2024) and Mr Damien Treanor (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cormac McCloskey | England | 52 years | Jun 2024 | - | Director |
| Mr Damien Treanor | United Kingdom | 62 years | Jun 2024 | - | Director |
P&L
December 2023turnover
255.5k
+14%
operating profit
-119k
0%
gross margin
26.3%
+1.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-210.6k
+1.29%
total assets
505.9k
+16.51%
cash
2.6k
-0.81%
net assets
Total assets minus all liabilities
Similar Companies
errigal sustainable developments ltd company details
company number
13877122
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
profix group ltd (May 2022)
accountant
-
auditor
-
address
estra house station approach, streatham, london, SW16 6HW
Bank
-
Legal Advisor
-
errigal sustainable developments 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 errigal sustainable developments ltd.
errigal sustainable developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
