eij developments limited

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eij developments limited Company Information

Share EIJ DEVELOPMENTS LIMITED

Company Number

SC226210

Directors

Ian Buchan

James Duthie

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Shareholders

peter & j johnstone ltd & freedom fish ltd & shannon fishing ltd

mv quantus ltd & peter & j johnstone ltd

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

14 carden place, aberdeen, AB10 1UR

Website

-

eij developments limited Estimated Valuation

£377.7k

Pomanda estimates the enterprise value of EIJ DEVELOPMENTS LIMITED at £377.7k based on a Turnover of £685.3k and 0.55x industry multiple (adjusted for size and gross margin).

eij developments limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of EIJ DEVELOPMENTS LIMITED at £1.9m based on an EBITDA of £467.7k and a 4.03x industry multiple (adjusted for size and gross margin).

eij developments limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of EIJ DEVELOPMENTS LIMITED at £2.9m based on Net Assets of £1.4m and 2.13x industry multiple (adjusted for liquidity).

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Eij Developments Limited Overview

Eij Developments Limited is a live company located in aberdeen, AB10 1UR with a Companies House number of SC226210. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2001, it's largest shareholder is peter & j johnstone ltd & freedom fish ltd & shannon fishing ltd with a 40% stake. Eij Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £685.3k with healthy growth in recent years.

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Eij Developments Limited Health Check

Pomanda's financial health check has awarded Eij Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £685.3k, make it smaller than the average company (£4.8m)

£685.3k - Eij Developments Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.7%)

6% - Eij Developments Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Eij Developments Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (5.7%)

1.1% - Eij Developments Limited

5.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (27)

4 - Eij Developments Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)

£53.9k - Eij Developments Limited

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.3k, this is equally as efficient (£171.3k)

£171.3k - Eij Developments Limited

£171.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Eij Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Eij Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eij Developments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (22 weeks)

77 weeks - Eij Developments Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (62.6%)

35.3% - Eij Developments Limited

62.6% - Industry AVG

EIJ DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Eij Developments Limited's latest turnover from December 2023 is estimated at £685.3 thousand and the company has net assets of £1.4 million. According to their latest financial statements, Eij Developments Limited has 4 employees and maintains cash reserves of £10.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover685,287648,619586,021581,84476,23056,512107,19258,898175,046
Other Income Or Grants
Cost Of Sales423,617399,983366,887365,60549,24536,82568,66836,901107,015
Gross Profit261,670248,636219,134216,23826,98519,68738,52421,99768,030
Admin Expenses254,170247,572202,976199,030-15,999-15,516-14,864-16,310-17,37311,0731,11911,2897,77748,816-1,616,576
Operating Profit7,5001,06416,15817,20815,99915,51614,86416,31017,37315,91218,56827,23514,22019,2141,616,576
Interest Payable
Interest Receivable13,08017,0571,2242521,9091,92570274550941,3071,356593480
Pre-Tax Profit20,58018,12117,38117,46017,90917,44114,93516,33817,41815,96218,66228,54215,57619,8071,617,056
Tax-5,145-3,443-3,302-3,317-3,403-3,314-2,838-3,267-3,483-3,352-4,292-6,850-4,050-5,546-452,776
Profit After Tax15,43514,67814,07914,14314,50614,12712,09713,07013,93412,61014,37021,69211,52614,2611,164,280
Dividends Paid
Retained Profit15,43514,67814,07914,14314,50614,12712,09713,07013,93412,61014,37021,69211,52614,2611,164,280
Employee Costs215,708205,416195,351185,65641,52641,08240,06139,58876,873
Number Of Employees444411112
EBITDA*467,651461,215476,309477,358476,149475,666475,014476,460477,523476,062478,718487,385474,370479,3642,076,726

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets
Intangible Assets1,572,8952,033,0462,493,1972,953,3483,413,4983,873,6484,333,7984,793,9485,254,0985,714,2486,174,3986,634,5487,094,6987,554,8488,014,998
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,572,8952,033,0462,493,1972,953,3483,413,4983,873,6484,333,7984,793,9485,254,0985,714,2486,174,3986,634,5487,094,6987,554,8488,014,998
Stock & work in progress
Trade Debtors1,538
Group Debtors
Misc Debtors526,964467,666101
Cash10,373487,912486,776492,31811,986497,13416,17711,8659,8607,98912,07725,671497,09845,141191,867
misc current assets
total current assets537,337955,578486,877492,31811,986497,13416,17711,8659,8607,98912,07725,671497,09845,141193,405
total assets2,110,2322,988,6242,980,0743,445,6663,425,4844,370,7824,349,9754,805,8135,263,9585,722,2376,186,4756,660,2197,591,7967,599,9898,208,403
Bank overdraft
Bank loan
Trade Creditors 10,9987,84615,9609,22928,94831,623
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities6,9246,75112,879492,5506,51116,3159,6357,5708,785
total current liabilities6,9246,75112,879492,5506,51116,3159,6357,5708,78510,9987,84615,9609,22928,94831,623
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities738,4001,632,4001,632,4001,632,4002,112,4003,062,4003,062,4003,532,4004,002,4004,472,4004,952,4005,432,4006,392,4006,392,4007,012,400
provisions
total long term liabilities738,4001,632,4001,632,4001,632,4002,112,4003,062,4003,062,4003,532,4004,002,4004,472,4004,952,4005,432,4006,392,4006,392,4007,012,400
total liabilities745,3241,639,1511,645,2792,124,9502,118,9113,078,7153,072,0353,539,9704,011,1854,483,3984,960,2465,448,3606,401,6296,421,3487,044,023
net assets1,364,9081,349,4731,334,7951,320,7161,306,5731,292,0671,277,9401,265,8431,252,7731,238,8391,226,2291,211,8591,190,1671,178,6411,164,380
total shareholders funds1,364,9081,349,4731,334,7951,320,7161,306,5731,292,0671,277,9401,265,8431,252,7731,238,8391,226,2291,211,8591,190,1671,178,6411,164,380
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit7,5001,06416,15817,20815,99915,51614,86416,31017,37315,91218,56827,23514,22019,2141,616,576
Depreciation
Amortisation460,151460,151460,151460,150460,150460,150460,150460,150460,150460,150460,150460,150460,150460,150460,150
Tax-5,145-3,443-3,302-3,317-3,403-3,314-2,838-3,267-3,483-3,352-4,292-6,850-4,050-5,546-452,776
Stock
Debtors59,298467,565101-1,5381,538
Creditors-10,9983,152-8,1146,731-19,719-2,67531,623
Accruals and Deferred Income173-6,128-479,671486,039-9,8046,6802,065-1,2158,785
Deferred Taxes & Provisions
Cash flow from operations403,381-15,921-6,765960,080462,942479,032474,241471,978471,827475,862466,312487,266450,601472,6811,654,035
Investing Activities
capital expenditure-8,475,148
Change in Investments
cash flow from investments-8,475,148
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-894,000-480,000-950,000-470,000-470,000-470,000-480,000-480,000-960,000-620,0007,012,400
share issue100
interest13,08017,0571,2242521,9091,92570274550941,3071,356593480
cash flow from financing-880,92017,0571,224-479,748-948,0911,925-469,930-469,973-469,955-479,950-479,906-958,6931,356-619,4077,012,980
cash and cash equivalents
cash-477,5391,136-5,542480,332-485,148480,9574,3122,0051,871-4,088-13,594-471,427451,957-146,726191,867
overdraft
change in cash-477,5391,136-5,542480,332-485,148480,9574,3122,0051,871-4,088-13,594-471,427451,957-146,726191,867

eij developments 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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Eij Developments Limited Competitor Analysis

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Perform a competitor analysis for eij developments limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in AB10 area or any other competitors across 12 key performance metrics.

eij developments limited Ownership

EIJ DEVELOPMENTS LIMITED group structure

Eij Developments Limited has no subsidiary companies.

Ultimate parent company

EIJ DEVELOPMENTS LIMITED

SC226210

EIJ DEVELOPMENTS LIMITED Shareholders

peter & j johnstone ltd & freedom fish ltd & shannon fishing ltd 40%
mv quantus ltd & peter & j johnstone ltd 40%
unity fishing company ltd 10%
james duthie & peter & j johnstone ltd 10%

eij developments limited directors

Eij Developments Limited currently has 4 directors. The longest serving directors include Mr Ian Buchan (May 2002) and Mr James Duthie (May 2002).

officercountryagestartendrole
Mr Ian Buchan68 years May 2002- Director
Mr James Duthie64 years May 2002- Director
Mr Stephen BellanyUnited Kingdom62 years May 2002- Director
Mr Allan SimpsonScotland55 years Sep 2015- Director

P&L

December 2023

turnover

685.3k

+6%

operating profit

7.5k

0%

gross margin

38.2%

-0.39%

turnover

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

Balance Sheet

December 2023

net assets

1.4m

+0.01%

total assets

2.1m

-0.29%

cash

10.4k

-0.98%

net assets

Total assets minus all liabilities

eij developments limited company details

company number

SC226210

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

mackinco (twenty two) limited (May 2002)

accountant

-

auditor

-

address

14 carden place, aberdeen, AB10 1UR

Bank

-

Legal Advisor

-

eij developments 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 1 charges/mortgages relating to eij developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.

eij developments 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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eij developments limited Companies House Filings - See Documents

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