Pomanda estimates the enterprise value of ERSKINE VETERANS CHARITY at £29m based on a Turnover of £27.4m and 1.06x industry multiple (adjusted for size and gross margin).
erskine veterans charityEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of ERSKINE VETERANS CHARITY at £1.4m based on an EBITDA of £173.3k and a 8.17x industry multiple (adjusted for size and gross margin).
erskine veterans charityEstimated Valuation
£202.4m
Pomanda estimates the enterprise value of ERSKINE VETERANS CHARITY at £202.4m based on Net Assets of £76.6m and 2.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Erskine Veterans CharityOverview
Erskine Veterans Charity is a live company located in bishopton, PA7 5PU with a Companies House number of SC174103. It operates in the medical nursing home activities sector, SIC Code 86102. Founded in April 1997, it's largest shareholder is
unknown.
Erskine Veterans Charity is a mature,
large sized company, Pomanda has estimated its turnover at
£27.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Erskine Veterans Charity a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
2 Weak
Size
annual sales of £27.4m, make it larger than the average company (£4m)
£27.4m - Erskine Veterans Charity
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.3%)
0% - Erskine Veterans Charity
8.3% - Industry AVG
Production
with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)
39.5% - Erskine Veterans Charity
39.5% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (11.2%)
-4.7% - Erskine Veterans Charity
11.2% - Industry AVG
Employees
with 570 employees, this is above the industry average (90)
570 - Erskine Veterans Charity
90 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£27.8k)
£29.6k - Erskine Veterans Charity
£27.8k - Industry AVG
Efficiency
resulting in sales per employee of £48k, this is equally as efficient (£48.4k)
£48k - Erskine Veterans Charity
£48.4k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (19 days)
6 days - Erskine Veterans Charity
19 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is close to average (15 days)
14 days - Erskine Veterans Charity
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Erskine Veterans Charity
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 112 weeks, this is more cash available to meet short term requirements (29 weeks)
112 weeks - Erskine Veterans Charity
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (45.2%)
2.9% - Erskine Veterans Charity
45.2% - Industry AVG
ERSKINE VETERANS CHARITY financials
EXPORT
Erskine Veterans Charity's latest turnover from September 2024 is £27.4 million and the company has net assets of £76.6 million. According to their latest financial statements, Erskine Veterans Charity has 570 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
27,364,000
27,017,000
24,425,000
27,476,000
24,570,000
26,373,000
25,342,000
28,796,000
25,125,000
24,366,000
22,988,000
24,043,000
25,491,000
24,337,000
22,838,000
24,087,000
Other Income Or Grants
Cost Of Sales
16,548,325
16,875,976
15,379,214
17,451,458
15,010,690
15,549,967
14,785,273
16,865,714
15,313,233
14,895,814
13,987,193
14,803,342
15,702,625
15,031,869
14,509,994
19,269,600
Gross Profit
10,815,675
10,141,024
9,045,786
10,024,542
9,559,310
10,823,033
10,556,727
11,930,286
9,811,767
9,470,186
9,000,807
9,239,658
9,788,375
9,305,131
8,328,006
4,817,400
Admin Expenses
12,090,425
12,124,274
15,800,193
11,247,618
12,335,095
11,278,692
11,164,122
7,107,471
6,395,113
7,102,406
12,929,812
9,098,071
11,260,682
8,582,550
10,416,956
2,797,645
Operating Profit
-1,274,750
-1,983,250
-6,754,407
-1,223,076
-2,775,785
-455,659
-607,395
4,822,815
3,416,654
2,367,780
-3,929,005
141,587
-1,472,307
722,581
-2,088,950
2,019,755
Interest Payable
1,108,000
1,134,000
Interest Receivable
1,325,000
1,265,000
Pre-Tax Profit
-1,160,000
-1,894,000
-6,725,000
-1,221,000
-2,773,000
-426,000
-564,000
3,917,000
2,739,000
1,902,000
-3,919,000
114,000
-1,469,000
537,000
-2,085,000
1,456,000
Tax
Profit After Tax
-1,160,000
-1,894,000
-6,725,000
-1,221,000
-2,773,000
-426,000
-564,000
3,917,000
2,739,000
1,902,000
-3,919,000
114,000
-1,469,000
537,000
-2,085,000
1,456,000
Dividends Paid
Retained Profit
-1,160,000
-1,894,000
-6,725,000
-1,221,000
-2,773,000
-426,000
-564,000
3,917,000
2,739,000
1,902,000
-3,919,000
114,000
-1,469,000
537,000
-2,085,000
1,456,000
Employee Costs
16,895,000
17,604,000
19,518,000
19,429,000
18,345,000
18,094,000
16,112,000
15,187,000
14,387,000
14,555,000
14,508,000
14,226,000
15,031,000
14,617,000
14,572,000
13,347,000
Number Of Employees
570
642
783
738
750
776
760
741
790
837
843
844
875
880
834
761
EBITDA*
173,250
-480,250
-2,940,407
398,924
-1,172,785
1,014,341
680,605
6,335,815
4,628,654
3,554,780
-2,621,005
1,454,587
336,693
2,204,581
522,050
4,168,755
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
27,210,000
28,510,000
31,407,000
35,178,000
35,573,000
35,424,000
32,925,000
31,352,000
32,604,000
33,462,000
35,595,000
38,138,000
37,897,000
38,075,000
37,961,000
36,608,000
Intangible Assets
Investments & Other
45,813,000
43,135,000
42,124,000
47,862,000
41,878,000
46,394,000
45,159,000
43,618,000
39,753,000
33,050,000
32,527,000
32,274,000
31,169,000
30,667,000
33,744,000
37,994,000
Debtors (Due After 1 year)
Total Fixed Assets
73,023,000
71,645,000
73,531,000
83,040,000
77,451,000
81,818,000
78,084,000
74,970,000
72,357,000
66,512,000
68,122,000
70,412,000
69,066,000
68,742,000
71,705,000
74,602,000
Stock & work in progress
109,000
135,000
238,000
516,000
507,000
487,000
Trade Debtors
484,000
642,000
427,000
564,000
369,000
425,000
444,000
585,000
454,000
462,000
393,000
536,000
621,000
600,000
671,000
525,000
Group Debtors
24,000
24,000
22,000
19,000
19,000
19,000
44,000
55,000
95,000
120,000
134,000
635,000
Misc Debtors
3,063,000
2,348,000
2,713,000
4,553,000
3,112,000
3,279,000
3,118,000
4,210,000
3,527,000
5,692,000
836,000
435,000
1,303,000
594,000
383,000
663,000
Cash
2,378,000
2,212,000
1,188,000
1,426,000
2,727,000
2,844,000
5,065,000
6,507,000
3,883,000
1,794,000
2,094,000
1,908,000
678,000
645,000
593,000
987,000
misc current assets
total current assets
5,925,000
5,202,000
4,328,000
6,543,000
6,232,000
6,572,000
8,649,000
11,321,000
7,883,000
7,967,000
3,476,000
3,069,000
2,935,000
2,475,000
2,288,000
3,297,000
total assets
78,948,000
76,847,000
77,859,000
89,583,000
83,683,000
88,390,000
86,733,000
86,291,000
80,240,000
74,479,000
71,598,000
73,481,000
72,001,000
71,217,000
73,993,000
77,899,000
Bank overdraft
Bank loan
Trade Creditors
668,000
760,000
588,000
427,000
557,000
636,000
856,000
923,000
601,000
984,000
2,839,000
1,295,000
1,370,000
1,344,000
937,000
1,126,000
Group/Directors Accounts
17,000
17,000
17,000
17,000
17,000
17,000
17,000
50,000
229,000
129,000
109,000
803,000
other short term finances
hp & lease commitments
other current liabilities
430,000
435,000
1,161,000
1,042,000
840,000
923,000
887,000
844,000
413,000
549,000
477,000
688,000
591,000
815,000
1,006,000
1,106,000
total current liabilities
1,098,000
1,195,000
1,749,000
1,469,000
1,414,000
1,576,000
1,760,000
1,784,000
1,031,000
1,550,000
3,333,000
2,033,000
2,190,000
2,288,000
2,052,000
3,035,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,418,000
1,418,000
1,418,000
1,418,000
1,418,000
total long term liabilities
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,226,000
1,829,000
3,756,000
1,418,000
1,982,000
1,418,000
1,418,000
1,411,000
3,392,000
6,154,000
total liabilities
2,324,000
2,421,000
2,975,000
2,695,000
2,640,000
2,802,000
2,986,000
3,613,000
4,787,000
2,968,000
5,315,000
3,451,000
3,608,000
3,699,000
5,444,000
9,189,000
net assets
76,624,000
74,426,000
74,884,000
86,888,000
81,043,000
85,588,000
83,747,000
82,678,000
75,453,000
71,511,000
66,283,000
70,030,000
68,393,000
67,518,000
68,549,000
68,710,000
total shareholders funds
76,624,000
74,426,000
74,884,000
86,888,000
81,043,000
85,588,000
83,747,000
82,678,000
75,453,000
71,511,000
66,283,000
70,030,000
68,393,000
67,518,000
68,549,000
68,710,000
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-1,274,750
-1,983,250
-6,754,407
-1,223,076
-2,775,785
-455,659
-607,395
4,822,815
3,416,654
2,367,780
-3,929,005
141,587
-1,472,307
722,581
-2,088,950
2,019,755
Depreciation
1,448,000
1,503,000
3,814,000
1,622,000
1,603,000
1,470,000
1,288,000
1,513,000
1,212,000
1,187,000
1,308,000
1,313,000
1,809,000
1,482,000
2,611,000
2,149,000
Amortisation
Tax
Stock
-109,000
-26,000
-103,000
-278,000
9,000
20,000
487,000
Debtors
557,000
-150,000
-1,977,000
1,612,000
-223,000
144,000
-1,230,000
814,000
-2,173,000
4,900,000
247,000
-993,000
705,000
126,000
-635,000
1,823,000
Creditors
-92,000
172,000
161,000
-130,000
-79,000
-220,000
-67,000
322,000
-383,000
-1,855,000
1,544,000
-75,000
26,000
407,000
-189,000
1,126,000
Accruals and Deferred Income
-5,000
-726,000
119,000
202,000
-83,000
36,000
43,000
431,000
-136,000
72,000
-211,000
97,000
-224,000
-191,000
-100,000
1,106,000
Deferred Taxes & Provisions
-192,000
1,418,000
Cash flow from operations
-480,750
-884,250
-683,407
-1,141,076
-1,111,785
686,341
1,886,605
6,082,815
6,282,654
-3,019,220
-1,509,005
2,572,587
1,129,693
2,285,581
848,050
4,090,755
Investing Activities
capital expenditure
-10,966,000
-8,503,000
-5,055,000
-611,000
955,000
585,000
858,000
182,000
2,952,000
-6,296,000
Change in Investments
2,678,000
1,011,000
-5,738,000
5,984,000
-4,516,000
1,235,000
1,541,000
3,865,000
6,703,000
523,000
253,000
1,105,000
502,000
-3,077,000
-4,250,000
37,994,000
cash flow from investments
-2,678,000
-1,011,000
5,738,000
-5,984,000
4,516,000
-1,235,000
-12,507,000
-12,368,000
-11,758,000
-1,134,000
702,000
-520,000
356,000
3,259,000
7,202,000
-44,290,000
Financing Activities
Bank loans
Group/Directors Accounts
-17,000
-33,000
-179,000
100,000
20,000
-694,000
803,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,358,000
1,436,000
-5,279,000
7,066,000
-1,772,000
2,267,000
1,633,000
3,308,000
1,203,000
3,326,000
172,000
1,523,000
2,344,000
-1,568,000
1,924,000
67,254,000
interest
217,000
131,000
cash flow from financing
3,358,000
1,436,000
-5,279,000
7,049,000
-1,772,000
2,267,000
1,633,000
3,308,000
1,203,000
3,326,000
139,000
1,344,000
2,661,000
-1,417,000
1,230,000
68,057,000
cash and cash equivalents
cash
166,000
1,024,000
-238,000
-1,301,000
-117,000
-2,221,000
-1,442,000
2,624,000
2,089,000
-300,000
186,000
1,230,000
33,000
52,000
-394,000
987,000
overdraft
change in cash
166,000
1,024,000
-238,000
-1,301,000
-117,000
-2,221,000
-1,442,000
2,624,000
2,089,000
-300,000
186,000
1,230,000
33,000
52,000
-394,000
987,000
erskine veterans charity 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 erskine veterans charity. Get real-time insights into erskine veterans charity's credit score, group structure and payment trends.
Perform a competitor analysis for erskine veterans charity by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in PA7 area or any other competitors across 12 key performance metrics.
erskine veterans charity Ownership
ERSKINE VETERANS CHARITY group structure
Erskine Veterans Charity has 1 subsidiary company.
The sole shareholder of Erskine Veterans Charity is -.
-
-
erskine veterans charity directors
Erskine Veterans Charity currently has 14 directors.
The longest serving directors include
Mr Stuart Aitkenhead (Mar 2012) and
Mr David Griffin (Apr 2017).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86102 - Medical nursing home activities
87300 - Residential care activities for the elderly and disabled
incorporation date
April 1997
age
28
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
September 2024
previous names
erskine hospital (May 2024)
accountant
-
auditor
AZETS AUDIT SERVICES
address
the erskine home, erskine veterans village, bishopton, renfrewshire, PA7 5PU
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
erskine veterans charity 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 found 1 charges/mortgages relating to erskine veterans charity. Currently there are 1 open charges and 0 have been satisfied in the past.
erskine veterans charity 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.
Click to start generating capital raising & share issue transactions for ERSKINE VETERANS CHARITY. This can take several minutes, an email will notify you when this has completed.
erskine veterans charityCompanies House Filings - See Documents
