errigal limited
errigal limited Company Information
Company Number
14282994
Website
-Registered Address
estra house, streatham station approach, london, SW16 6HW
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
damien treanor 50%
cormac mccloskey 50%
errigal limited Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL LIMITED at £146.2k based on a Turnover of £345.7k and 0.42x industry multiple (adjusted for size and gross margin).
errigal limited Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL LIMITED at £0 based on an EBITDA of £-1m and a 4.23x industry multiple (adjusted for size and gross margin).
errigal limited Estimated Valuation
Pomanda estimates the enterprise value of ERRIGAL LIMITED at £0 based on Net Assets of £-1m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Errigal Limited Overview
Errigal Limited is a live company located in london, SW16 6HW with a Companies House number of 14282994. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 2022, it's largest shareholder is damien treanor with a 50% stake. Errigal Limited is a startup, micro sized company, Pomanda has estimated its turnover at £345.7k with unknown growth in recent years.
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Errigal Limited Health Check
Pomanda's financial health check has awarded Errigal Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £345.7k, make it smaller than the average company (£8.4m)
- Errigal Limited
£8.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Errigal Limited
- - Industry AVG
Production
with a gross margin of 23.2%, this company has a comparable cost of product (23.2%)
- Errigal Limited
23.2% - Industry AVG
Profitability
an operating margin of -301.7% make it less profitable than the average company (5.7%)
- Errigal Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (37)
3 - Errigal Limited
37 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Errigal Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £115.2k, this is less efficient (£197.7k)
- Errigal Limited
£197.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Errigal Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (37 days)
- Errigal Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Errigal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)
1 weeks - Errigal Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 213%, this is a higher level of debt than the average (61.8%)
213% - Errigal Limited
61.8% - Industry AVG
ERRIGAL LIMITED financials
Errigal Limited's latest turnover from December 2023 is estimated at £345.7 thousand and the company has net assets of -£1 million. According to their latest financial statements, Errigal Limited has 3 employees and maintains cash reserves of £44.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 877,422 |
| Cash | 44,201 |
| misc current assets | 0 |
| total current assets | 921,623 |
| total assets | 921,623 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 22,200 |
| Group/Directors Accounts | 1,900,177 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 40,860 |
| total current liabilities | 1,963,237 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 1,963,237 |
| net assets | -1,041,614 |
| total shareholders funds | -1,041,614 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 877,422 |
| Creditors | 22,200 |
| Accruals and Deferred Income | 40,860 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 1,900,177 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 44,201 |
| overdraft | 0 |
| change in cash | 44,201 |
errigal limited Credit Report and Business Information
Errigal Limited Competitor Analysis
Perform a competitor analysis for errigal limited 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 limited Ownership
ERRIGAL LIMITED group structure
Errigal Limited has no subsidiary companies.
Ultimate parent company
ERRIGAL LIMITED
14282994
errigal limited directors
Errigal Limited currently has 2 directors. The longest serving directors include Mr Cormac McCloskey (Aug 2022) and Mr Damien Treanor (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cormac McCloskey | Northern Ireland | 52 years | Aug 2022 | - | Director |
| Mr Damien Treanor | United Kingdom | 62 years | Aug 2022 | - | Director |
P&L
December 2023turnover
345.7k
0%
operating profit
-1m
0%
gross margin
23.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1m
0%
total assets
921.6k
0%
cash
44.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
errigal limited company details
company number
14282994
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
August 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
estra house, streatham station approach, london, SW16 6HW
Bank
-
Legal Advisor
-
errigal 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 did not find charges/mortgages relating to errigal limited.
errigal limited Companies House Filings - See Documents
| date | description | view/download |
|---|
