erne integrated college limited
erne integrated college limited Company Information
Company Number
NI028390
Next Accounts
42 days late
Shareholders
-
Group Structure
View All
Industry
General secondary education
Registered Address
5 derrygore road, drumcoo, enniskillen, county fermanagh, BT74 4FW
Website
https://www.erneic.org.ukerne integrated college limited Estimated Valuation
Pomanda estimates the enterprise value of ERNE INTEGRATED COLLEGE LIMITED at £2.7m based on a Turnover of £3.5m and 0.78x industry multiple (adjusted for size and gross margin).
erne integrated college limited Estimated Valuation
Pomanda estimates the enterprise value of ERNE INTEGRATED COLLEGE LIMITED at £950.4k based on an EBITDA of £214.7k and a 4.43x industry multiple (adjusted for size and gross margin).
erne integrated college limited Estimated Valuation
Pomanda estimates the enterprise value of ERNE INTEGRATED COLLEGE LIMITED at £15.6m based on Net Assets of £7.1m and 2.19x industry multiple (adjusted for liquidity).
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Erne Integrated College Limited Overview
Erne Integrated College Limited is a live company located in enniskillen, BT74 4FW with a Companies House number of NI028390. It operates in the general secondary education sector, SIC Code 85310. Founded in April 1994, it's largest shareholder is unknown. Erne Integrated College Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.
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Erne Integrated College Limited Health Check
Pomanda's financial health check has awarded Erne Integrated College Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£7.8m)
£3.5m - Erne Integrated College Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5%)
-2% - Erne Integrated College Limited
5% - Industry AVG
Production
with a gross margin of 48.1%, this company has a comparable cost of product (48.1%)
48.1% - Erne Integrated College Limited
48.1% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6%)
-0.3% - Erne Integrated College Limited
6% - Industry AVG
Employees
with 63 employees, this is below the industry average (140)
63 - Erne Integrated College Limited
140 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£41.1k)
£42.6k - Erne Integrated College Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £56k, this is equally as efficient (£56.3k)
£56k - Erne Integrated College Limited
£56.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Erne Integrated College Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (19 days)
4 days - Erne Integrated College Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Erne Integrated College Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is less cash available to meet short term requirements (102 weeks)
64 weeks - Erne Integrated College Limited
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (10.4%)
7.2% - Erne Integrated College Limited
10.4% - Industry AVG
ERNE INTEGRATED COLLEGE LIMITED financials
Erne Integrated College Limited's latest turnover from March 2023 is £3.5 million and the company has net assets of £7.1 million. According to their latest financial statements, Erne Integrated College Limited has 63 employees and maintains cash reserves of £689.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,528,482 | 3,396,928 | 3,693,293 | 3,739,238 | 3,825,538 | 4,814,290 | 3,280,382 | 3,155,455 | 2,982,168 | 2,812,594 | 2,703,693 | 2,628,471 | 2,525,823 | 2,461,800 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 591,315 | 1,727,851 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 11,775 | -272,445 | 283,983 | 220,422 | 591,315 | 1,727,270 | 129,761 | -46,197 | -94,018 | -35,845 | -26,342 | -7,696 | -98,667 | -48,001 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 11,775 | -272,445 | 283,983 | 220,422 | 591,315 | 1,727,270 | 129,761 | -46,197 | -94,018 | -35,845 | -26,342 | -7,696 | -98,667 | -48,001 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 11,775 | -272,445 | 283,983 | 220,422 | 591,315 | 1,727,270 | 129,761 | -46,197 | -94,018 | -35,845 | -26,342 | -7,696 | -98,667 | -48,001 |
| Employee Costs | 2,686,452 | 2,757,181 | 2,692,160 | 2,635,864 | 2,428,816 | 2,406,778 | 60,000 | 42,437 | 38,955 | 3,168 | 4,642 | |||
| Number Of Employees | 63 | 63 | 66 | 67 | 69 | 69 | 71 | 72 | 68 | 67 | 64 | |||
| EBITDA* | 853,753 | 1,887,455 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,941,107 | 7,103,732 | 7,261,124 | 7,231,147 | 7,215,626 | 6,602,334 | 4,845,198 | 4,682,950 | 4,637,580 | 4,582,817 | 4,634,418 | 4,751,785 | 4,873,101 | 4,942,426 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,941,107 | 7,103,732 | 7,261,124 | 7,231,147 | 7,215,626 | 6,602,334 | 4,845,198 | 4,682,950 | 4,637,580 | 4,582,817 | 4,634,418 | 4,751,785 | 4,873,101 | 4,942,426 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,753 | 3,324 |
| Trade Debtors | 0 | 22,000 | 6,000 | 130,221 | 291 | 465 | 2,729 | 3,249 | 0 | 3,983 | 2,381 | 129,001 | 53,710 | 82,213 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 56,856 | 52,775 | 284,769 | 0 | 0 | 359,102 | 273,309 | 47,213 | 210,678 | 153,894 | 145,543 | 0 | 0 | 0 |
| Cash | 689,527 | 521,629 | 443,941 | 192,807 | 96,250 | 158,533 | 179,424 | 134,512 | 126,626 | 29,680 | 118,421 | 95,092 | 82,803 | 159,747 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 746,383 | 596,404 | 734,710 | 323,028 | 422,312 | 518,100 | 455,462 | 184,974 | 337,304 | 187,557 | 266,345 | 224,093 | 138,266 | 245,284 |
| total assets | 7,687,490 | 7,700,136 | 7,995,834 | 7,554,175 | 7,637,938 | 7,120,434 | 5,300,660 | 4,867,924 | 4,974,884 | 4,770,374 | 4,900,763 | 4,975,878 | 5,011,367 | 5,187,710 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,328 | 88,474 | 103,389 | 430,191 | 387,589 | 493,255 | 498,259 | 206,498 | 205,986 | 52,147 | 172,539 | 55,716 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 534,254 | 476,140 | 484,478 | 0 | 0 | 313,691 | 216,183 | 204,969 | 266,244 | 121,555 | 95,707 | 144,328 | 105,389 | 112,788 |
| total current liabilities | 556,582 | 564,614 | 587,867 | 430,191 | 733,742 | 806,946 | 714,442 | 411,467 | 472,230 | 173,702 | 268,246 | 200,044 | 105,389 | 112,788 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 16,389 | 16,389 | 16,389 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 16,389 | 16,389 | 16,389 | 17,023 | 17,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 556,582 | 581,003 | 604,256 | 446,580 | 750,765 | 824,576 | 714,442 | 411,467 | 472,230 | 173,702 | 268,246 | 200,044 | 105,389 | 112,788 |
| net assets | 7,130,908 | 7,119,133 | 7,391,578 | 7,107,595 | 6,887,173 | 6,295,858 | 4,586,218 | 4,456,457 | 4,502,654 | 4,596,672 | 4,632,517 | 4,775,834 | 4,905,978 | 5,074,922 |
| total shareholders funds | 7,130,908 | 7,119,133 | 7,391,578 | 7,107,595 | 6,887,173 | 6,295,858 | 4,586,218 | 4,456,457 | 4,502,654 | 4,596,672 | 4,632,517 | 4,775,834 | 4,905,978 | 5,074,922 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 591,315 | 1,727,851 | ||||||||||||
| Depreciation | 225,910 | 232,360 | 241,148 | 249,138 | 262,438 | 159,604 | 147,727 | 146,483 | 143,033 | 127,495 | 125,548 | 125,516 | 125,606 | 124,713 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,753 | -1,571 | 3,324 |
| Debtors | -17,919 | -215,994 | 160,548 | 129,930 | -359,276 | 83,529 | 225,576 | -160,216 | 52,801 | 9,953 | 18,923 | 75,291 | -28,503 | 82,213 |
| Creditors | -66,146 | -14,915 | -326,802 | 42,602 | -105,666 | -5,004 | 291,761 | 512 | 153,839 | -120,392 | 116,823 | 55,716 | 0 | 0 |
| Accruals and Deferred Income | 58,114 | -8,338 | 484,478 | 0 | -313,691 | 97,508 | 11,214 | -61,275 | 144,689 | 25,848 | -48,621 | 38,939 | -7,399 | 112,788 |
| Deferred Taxes & Provisions | -16,389 | 0 | 0 | 16,389 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,896,430 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,916,740 | -309,975 | -191,854 | -197,796 | -75,894 | -8,181 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -1,916,740 | -309,975 | -191,854 | -197,796 | -75,894 | -8,181 | ||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 0 | 0 | 0 | -17,630 | 0 | 0 | 0 | 0 | -116,975 | -122,448 | -70,277 | 5,122,923 | |
| cash and cash equivalents | ||||||||||||||
| cash | 167,898 | 77,688 | 251,134 | 96,557 | -62,283 | -20,891 | 44,912 | 7,886 | 96,946 | -88,741 | 23,329 | 12,289 | -76,944 | 159,747 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 167,898 | 77,688 | 251,134 | 96,557 | -62,283 | -20,891 | 44,912 | 7,886 | 96,946 | -88,741 | 23,329 | 12,289 | -76,944 | 159,747 |
erne integrated college limited Credit Report and Business Information
Erne Integrated College Limited Competitor Analysis
Perform a competitor analysis for erne integrated college limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in BT74 area or any other competitors across 12 key performance metrics.
erne integrated college limited Ownership
ERNE INTEGRATED COLLEGE LIMITED group structure
Erne Integrated College Limited has no subsidiary companies.
Ultimate parent company
ERNE INTEGRATED COLLEGE LIMITED
NI028390
erne integrated college limited directors
Erne Integrated College Limited currently has 10 directors. The longest serving directors include Mrs Ann McLoughlin (Oct 2019) and Mr Darron McLaughlin (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ann McLoughlin | Northern Ireland | 56 years | Oct 2019 | - | Director |
| Mr Darron McLaughlin | Northern Ireland | 55 years | Feb 2023 | - | Director |
| Mr Edward Roofe | Northern Ireland | 34 years | Jun 2023 | - | Director |
| Mr Kevin Lambe | 71 years | Jun 2023 | - | Director | |
| Ms Ellen McVea | Northern Ireland | 68 years | Jun 2023 | - | Director |
| Mrs Helen Smyth | Northern Ireland | 68 years | Aug 2023 | - | Director |
| Mr Eugene Martin | 69 years | Aug 2023 | - | Director | |
| Mrs Kelly Miller | Northern Ireland | 43 years | Sep 2023 | - | Director |
| Ms Maureen Denver | Northern Ireland | 46 years | Apr 2024 | - | Director |
| Mr Sean McKiernan | Northern Ireland | 36 years | Oct 2024 | - | Director |
P&L
March 2023turnover
3.5m
+4%
operating profit
-11.2k
0%
gross margin
48.1%
+0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7.1m
0%
total assets
7.7m
0%
cash
689.5k
+0.32%
net assets
Total assets minus all liabilities
erne integrated college limited company details
company number
NI028390
Type
Private Ltd By Guarantee w/o Share Cap
industry
85310 - General secondary education
incorporation date
April 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
fermanagh integrated college limited (October 1994)
accountant
-
auditor
MACNEARY RASDALE & CO LTD
address
5 derrygore road, drumcoo, enniskillen, county fermanagh, BT74 4FW
Bank
ULSTER BANK LTD
Legal Advisor
FERGUSONS
erne integrated college 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 erne integrated college limited.
erne integrated college limited Capital Raised & Share Issues BETA
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erne integrated college limited Companies House Filings - See Documents
| date | description | view/download |
|---|
