3 ed holdings limited

3 ed holdings limited Company Information

Share 3 ED HOLDINGS LIMITED
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Company Number

SC190329

Industry

Construction of commercial buildings

 

Directors

Martin Smith

Alan Ritchie

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Shareholders

aberdeen infrastructure (no.3) limited

semperian ppp investment partners no. 2 limited

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Group Structure

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Contact

Registered Address

exchange tower, 19 canning street, edinburgh, EH3 8EH

Website

-

3 ed holdings limited Estimated Valuation

£34m

Pomanda estimates the enterprise value of 3 ED HOLDINGS LIMITED at £34m based on a Turnover of £47.3m and 0.72x industry multiple (adjusted for size and gross margin).

3 ed holdings limited Estimated Valuation

£43.3m

Pomanda estimates the enterprise value of 3 ED HOLDINGS LIMITED at £43.3m based on an EBITDA of £6.5m and a 6.63x industry multiple (adjusted for size and gross margin).

3 ed holdings limited Estimated Valuation

£30.2m

Pomanda estimates the enterprise value of 3 ED HOLDINGS LIMITED at £30.2m based on Net Assets of £20.3m and 1.49x industry multiple (adjusted for liquidity).

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3 Ed Holdings Limited Overview

3 Ed Holdings Limited is a live company located in edinburgh, EH3 8EH with a Companies House number of SC190329. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in October 1998, it's largest shareholder is aberdeen infrastructure (no.3) limited with a 49% stake. 3 Ed Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £47.3m with healthy growth in recent years.

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3 Ed Holdings Limited Health Check

Pomanda's financial health check has awarded 3 Ed Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £47.3m, make it larger than the average company (£11.3m)

£47.3m - 3 Ed Holdings Limited

£11.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.1%)

8% - 3 Ed Holdings Limited

9.1% - Industry AVG

production

Production

with a gross margin of 16%, this company has a comparable cost of product (16%)

16% - 3 Ed Holdings Limited

16% - Industry AVG

profitability

Profitability

an operating margin of 13.8% make it more profitable than the average company (4.5%)

13.8% - 3 Ed Holdings Limited

4.5% - Industry AVG

employees

Employees

with 141 employees, this is above the industry average (32)

141 - 3 Ed Holdings Limited

32 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - 3 Ed Holdings Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £335.7k, this is equally as efficient (£336.5k)

£335.7k - 3 Ed Holdings Limited

£336.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is near the average (46 days)

52 days - 3 Ed Holdings Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (39 days)

22 days - 3 Ed Holdings Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 3 Ed Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)

1 weeks - 3 Ed Holdings Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.9%, this is a higher level of debt than the average (68.3%)

85.9% - 3 Ed Holdings Limited

68.3% - Industry AVG

3 ED HOLDINGS LIMITED financials

EXPORTms excel logo

3 Ed Holdings Limited's latest turnover from March 2024 is £47.3 million and the company has net assets of £20.3 million. According to their latest financial statements, we estimate that 3 Ed Holdings Limited has 141 employees and maintains cash reserves of £527 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover47,330,00044,416,00039,298,00037,398,00033,317,00035,095,00031,023,00029,959,00042,077,00027,485,00024,531,00023,571,00026,723,00026,999,00023,754,000
Other Income Or Grants000000000000000
Cost Of Sales39,743,00038,041,00032,758,00030,796,00027,417,00029,194,00025,412,00024,441,00034,150,00022,463,00020,997,00020,955,00021,283,00020,967,00019,021,000
Gross Profit7,587,0006,375,0006,540,0006,602,0005,900,0005,901,0005,611,0005,518,0007,927,0005,022,0003,534,0002,616,0005,440,0006,032,0004,733,000
Admin Expenses1,050,000574,000527,000603,000529,000753,000533,000407,000620,000541,000518,000616,0003,844,0004,648,0003,530,000
Operating Profit6,537,0005,801,0006,013,0005,999,0005,371,0005,148,0005,078,0005,111,0007,307,0004,481,0003,016,0002,000,0001,596,0001,384,0001,203,000
Interest Payable8,932,0009,389,00010,109,00010,853,00012,522,00012,854,00013,694,00014,707,00023,462,00016,647,00017,431,00018,063,00018,165,00018,731,00021,380,000
Interest Receivable10,033,0009,907,00010,248,00011,295,00012,321,00013,199,00014,009,00014,789,00023,603,00016,522,00017,292,00018,057,00018,421,00018,852,00020,775,000
Pre-Tax Profit7,638,0006,319,0006,152,0006,441,0005,170,0005,493,0005,393,0005,193,0007,448,0004,356,0002,877,0001,994,0001,852,0001,505,000597,000
Tax-3,695,000-2,367,000-5,749,000-2,542,000-4,027,000-3,614,000-2,151,000-1,246,0004,532,000-1,730,0003,052,0002,003,0002,072,000932,000-140,000
Profit After Tax3,943,0003,952,000403,0003,899,0001,143,0001,879,0003,242,0003,947,00011,980,0002,626,0005,929,0003,997,0003,924,0002,437,000457,000
Dividends Paid3,914,0004,638,0001,439,0000000498,00056,000000200,00001,593,000
Retained Profit29,000-686,000-1,036,0003,899,0001,143,0001,879,0003,242,0003,449,00011,924,0002,626,0005,929,0003,997,0003,724,0002,437,000-1,136,000
Employee Costs000000000000000
Number Of Employees14112812713310655981268992911101200
EBITDA*6,537,0005,801,0006,013,0005,999,0005,371,0005,148,0005,078,0005,111,0007,307,0004,481,0003,016,0002,000,0001,596,0001,384,0001,203,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)89,231,000100,618,000113,957,000129,012,000141,380,000154,209,000167,410,000178,923,000190,023,000204,751,000214,506,000233,267,000241,033,000246,159,000253,860,000
Total Fixed Assets89,231,000100,618,000113,957,000129,012,000141,380,000154,209,000167,410,000178,923,000190,023,000204,751,000214,506,000233,267,000241,033,000246,159,000253,860,000
Stock & work in progress000000000000000
Trade Debtors6,847,0007,216,0007,115,0005,973,00015,0005,795,00017,357,00016,630,0005,225,0005,763,0005,252,0005,145,0005,417,0006,359,0005,131,000
Group Debtors000000000000000
Misc Debtors13,323,00014,296,00016,439,00013,259,00013,581,000645,000678,000770,00010,468,00010,997,00011,439,0003,170,0003,213,0003,216,0001,979,000
Cash527,00031,253,00026,077,00025,552,00028,422,00022,115,00019,905,00017,827,00020,405,00020,721,00019,669,00016,076,00014,749,00015,435,00013,378,000
misc current assets33,775,00000000000000000
total current assets54,472,00052,765,00049,631,00044,784,00042,018,00041,750,00037,940,00035,227,00036,098,00037,481,00036,360,00024,391,00023,379,00025,010,00020,488,000
total assets143,703,000153,383,000163,588,000173,796,000183,398,000195,959,000205,350,000214,150,000226,121,000242,232,000250,866,000257,658,000264,412,000271,169,000274,348,000
Bank overdraft000000000000000
Bank loan000000000010,355,00010,479,00011,393,0008,440,0007,552,000
Trade Creditors 2,448,0002,738,0003,487,0001,983,0001,809,0002,449,0002,660,0001,920,0001,621,0001,847,0002,587,0001,988,0002,044,0003,058,0002,965,000
Group/Directors Accounts00395,000478,000526,0000000000000
other short term finances11,830,0007,152,0007,017,0008,496,0008,143,00014,341,00014,095,00013,357,00013,570,00012,784,0001,356,000356,000000
hp & lease commitments000000000000000
other current liabilities2,645,0003,526,0003,293,0007,349,00011,364,00010,690,0006,194,0004,921,0005,449,0005,826,0004,783,0004,152,0001,450,0002,520,0001,624,000
total current liabilities16,923,00013,416,00014,192,00018,306,00021,842,00027,480,00022,949,00020,198,00020,640,00020,457,00019,081,00016,975,00014,887,00014,018,00012,141,000
loans96,561,000110,602,000129,752,000150,295,000167,796,000177,524,000194,533,000220,975,000239,195,000261,206,000209,317,000220,645,000231,479,000240,834,000249,273,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000086,00000000000
provisions9,902,00010,735,0009,327,0005,565,0004,936,0005,081,0006,289,0004,990,0005,120,00012,097,00025,682,00029,181,00031,185,00033,180,00032,234,000
total long term liabilities106,463,000121,337,000139,079,000155,860,000172,732,000182,605,000200,908,000225,965,000244,315,000273,303,000234,999,000249,826,000262,664,000274,014,000281,507,000
total liabilities123,386,000134,753,000153,271,000174,166,000194,574,000210,085,000223,857,000246,163,000264,955,000293,760,000254,080,000266,801,000277,551,000288,032,000293,648,000
net assets20,317,00018,630,00010,317,000-370,000-11,176,000-14,126,000-18,507,000-32,013,000-38,834,000-51,528,000-3,214,000-9,143,000-13,139,000-16,863,000-19,300,000
total shareholders funds20,317,00018,630,00010,317,000-370,000-11,176,000-14,126,000-18,507,000-32,013,000-38,834,000-51,528,000-3,214,000-9,143,000-13,139,000-16,863,000-19,300,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit6,537,0005,801,0006,013,0005,999,0005,371,0005,148,0005,078,0005,111,0007,307,0004,481,0003,016,0002,000,0001,596,0001,384,0001,203,000
Depreciation000000000000000
Amortisation000000000000000
Tax-3,695,000-2,367,000-5,749,000-2,542,000-4,027,000-3,614,000-2,151,000-1,246,0004,532,000-1,730,0003,052,0002,003,0002,072,000932,000-140,000
Stock000000000000000
Debtors-12,729,000-15,381,000-10,733,000-6,732,000-18,868,000-11,601,000-10,878,000-9,393,000205,716,000-9,686,000-10,385,000-8,081,000-6,071,000-5,236,000260,970,000
Creditors-290,000-749,0001,504,000174,000-640,000-211,000740,000299,0001,621,000-740,000599,000-56,000-1,014,00093,0002,965,000
Accruals and Deferred Income-881,000233,000-4,056,000-4,015,000674,0004,496,0001,273,000-528,0005,449,0001,043,000631,0002,702,000-1,070,000896,0001,624,000
Deferred Taxes & Provisions-833,0001,408,0003,762,000629,000-145,000-1,208,0001,299,000-130,0005,120,000-13,585,000-3,499,000-2,004,000-1,995,000946,00032,234,000
Cash flow from operations13,567,00019,707,00012,207,0006,977,00020,101,00016,212,00017,117,00012,899,000-181,687,000-845,00014,184,00012,726,0005,660,0009,487,000-223,084,000
Investing Activities
capital expenditure0000000000-149,000-933,000-2,799,000-1,124,000-555,000
Change in Investments000000000000000
cash flow from investments0000000000-149,000-933,000-2,799,000-1,124,000-555,000
Financing Activities
Bank loans000000000-10,355,000-124,000-914,0002,953,000888,0007,552,000
Group/Directors Accounts0-395,000-83,000-48,000526,0000000000000
Other Short Term Loans 4,678,000135,000-1,479,000353,000-6,198,000246,000738,000-213,00013,570,00011,428,0001,000,000356,000000
Long term loans-14,041,000-19,150,000-20,543,000-17,501,000-9,728,000-17,009,000-26,442,000-18,220,000239,195,00051,889,000-11,328,000-10,834,000-9,355,000-8,439,000249,273,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000-86,00086,00000000000
share issue1,658,0008,999,00011,723,0006,907,0001,807,0002,502,00010,264,0003,372,000-50,758,000-50,940,0000-1,00000-18,164,000
interest1,101,000518,000139,000442,000-201,000345,000315,00082,000141,000-125,000-139,000-6,000256,000121,000-605,000
cash flow from financing-6,604,000-9,893,000-10,243,000-9,847,000-13,794,000-14,002,000-15,039,000-14,979,000202,148,0001,897,000-10,591,000-11,399,000-6,146,000-7,430,000238,056,000
cash and cash equivalents
cash-30,726,0005,176,000525,000-2,870,0006,307,0002,210,0002,078,000-2,578,00020,405,0001,052,0003,593,0001,327,000-686,0002,057,00013,378,000
overdraft000000000000000
change in cash-30,726,0005,176,000525,000-2,870,0006,307,0002,210,0002,078,000-2,578,00020,405,0001,052,0003,593,0001,327,000-686,0002,057,00013,378,000

3 ed holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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3 Ed Holdings Limited Competitor Analysis

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Perform a competitor analysis for 3 ed holdings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in EH3 area or any other competitors across 12 key performance metrics.

3 ed holdings limited Ownership

3 ED HOLDINGS LIMITED group structure

3 Ed Holdings Limited has 1 subsidiary company.

Ultimate parent company

3 ED HOLDINGS LIMITED

SC190329

1 subsidiary

3 ED HOLDINGS LIMITED Shareholders

aberdeen infrastructure (no.3) limited 49%
semperian ppp investment partners no. 2 limited 31%
jlif (gp) limited 20%

3 ed holdings limited directors

3 Ed Holdings Limited currently has 6 directors. The longest serving directors include Mr Martin Smith (Jan 2004) and Mr Alan Ritchie (Dec 2009).

officercountryagestartendrole
Mr Martin Smith58 years Jan 2004- Director
Mr Alan RitchieEngland57 years Dec 2009- Director
Mr Christopher SolleyEngland54 years Feb 2012- Director
Mr Kenneth McLellanUnited Kingdom63 years Apr 2019- Director
Mr John GordonUnited Kingdom62 years May 2019- Director
Mr Steven McGheeUnited Kingdom41 years May 2023- Director

P&L

March 2024

turnover

47.3m

+7%

operating profit

6.5m

+13%

gross margin

16.1%

+11.68%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

20.3m

+0.09%

total assets

143.7m

-0.06%

cash

527k

-0.98%

net assets

Total assets minus all liabilities

3 ed holdings limited company details

company number

SC190329

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

October 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

macrocom (516) limited (December 1998)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

exchange tower, 19 canning street, edinburgh, EH3 8EH

Bank

LLOYDS BANK CORPORATE MARKETS

Legal Advisor

-

3 ed holdings 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 found 6 charges/mortgages relating to 3 ed holdings limited. Currently there are 6 open charges and 0 have been satisfied in the past.

3 ed holdings limited 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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3 ed holdings limited Companies House Filings - See Documents

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