elgin furniture & carpet centre limitedEstimated Valuation
£94.6k
Pomanda estimates the enterprise value of ELGIN FURNITURE & CARPET CENTRE LIMITED at £94.6k based on a Turnover of £333.3k and 0.28x industry multiple (adjusted for size and gross margin).
elgin furniture & carpet centre limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ELGIN FURNITURE & CARPET CENTRE LIMITED at £0 based on an EBITDA of £-36.9k and a 3.11x industry multiple (adjusted for size and gross margin).
elgin furniture & carpet centre limitedEstimated Valuation
£81.3k
Pomanda estimates the enterprise value of ELGIN FURNITURE & CARPET CENTRE LIMITED at £81.3k based on Net Assets of £38.5k and 2.12x industry multiple (adjusted for liquidity).
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Elgin Furniture & Carpet Centre LimitedOverview
Elgin Furniture & Carpet Centre Limited is a live company located in elgin, IV30 1JZ with a Companies House number of SC252844. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in July 2003, it's largest shareholder is
derrick wardie gault
with a 50% stake. Elgin Furniture & Carpet Centre Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£333.3k with
low
growth in recent years.
Elgin Furniture & Carpet Centre Limited Health Check
Pomanda's financial health check has awarded Elgin Furniture & Carpet Centre Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £333.3k, make it smaller than the average company (£4.8m)
£333.3k - Elgin Furniture & Carpet Centre Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7%)
1% - Elgin Furniture & Carpet Centre Limited
7% - Industry AVG
Production
with a gross margin of 29.4%, this company has a higher cost of product (40.4%)
29.4% - Elgin Furniture & Carpet Centre Limited
40.4% - Industry AVG
Profitability
an operating margin of -11.1% make it less profitable than the average company (3.6%)
-11.1% - Elgin Furniture & Carpet Centre Limited
3.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (29)
3 - Elgin Furniture & Carpet Centre Limited
29 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
£33.9k - Elgin Furniture & Carpet Centre Limited
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is less efficient (£170.9k)
£111.1k - Elgin Furniture & Carpet Centre Limited
£170.9k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (18 days)
88 days - Elgin Furniture & Carpet Centre Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (35 days)
72 days - Elgin Furniture & Carpet Centre Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Elgin Furniture & Carpet Centre Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elgin Furniture & Carpet Centre Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a lower level of debt than the average (62.4%)
54.8% - Elgin Furniture & Carpet Centre Limited
62.4% - Industry AVG
ELGIN FURNITURE & CARPET CENTRE LIMITED financials
EXPORT
Elgin Furniture & Carpet Centre Limited's latest turnover from July 2023 is estimated at £333.3 thousand and the company has net assets of £38.5 thousand. According to their latest financial statements, Elgin Furniture & Carpet Centre Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
333,343
332,838
387,307
325,252
370,568
449,629
102,063
104,059
105,821
93,003
100,274
107,668
117,883
93,624
Other Income Or Grants
Cost Of Sales
235,503
231,281
264,471
222,122
255,677
307,526
69,400
72,636
73,116
63,850
69,495
74,900
79,923
64,086
Gross Profit
97,841
101,557
122,837
103,130
114,891
142,103
32,663
31,423
32,705
29,153
30,779
32,767
37,960
29,539
Admin Expenses
134,739
105,806
111,144
105,827
103,529
133,831
39,977
38,063
39,574
23,191
25,294
43,811
47,610
36,089
-132,962
Operating Profit
-36,898
-4,249
11,693
-2,697
11,362
8,272
-7,314
-6,640
-6,869
5,962
5,485
-11,044
-9,650
-6,550
132,962
Interest Payable
10
10
Interest Receivable
4
12
37
47
65
56
55
65
31
Pre-Tax Profit
-36,898
-4,249
11,693
-2,697
11,362
8,277
-7,302
-6,603
-6,822
6,027
5,542
-10,989
-9,585
-6,530
132,951
Tax
-2,222
-2,159
-1,573
-1,266
-1,275
-37,226
Profit After Tax
-36,898
-4,249
9,471
-2,697
9,203
6,704
-7,302
-6,603
-6,822
4,761
4,267
-10,989
-9,585
-6,530
95,725
Dividends Paid
Retained Profit
-36,898
-4,249
9,471
-2,697
9,203
6,704
-7,302
-6,603
-6,822
4,761
4,267
-10,989
-9,585
-6,530
95,725
Employee Costs
101,794
91,445
89,071
84,817
83,342
81,690
26,986
27,613
27,303
23,239
24,135
23,798
23,623
23,027
Number Of Employees
3
3
3
3
3
3
1
1
1
1
1
1
1
1
EBITDA*
-36,898
-4,249
11,693
-2,697
11,362
8,272
-6,963
-6,217
-6,359
6,579
6,235
-10,133
-8,540
-5,195
134,581
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
3,936
4,136
4,209
2,705
3,010
1,709
1,983
2,334
2,757
3,267
3,884
4,634
5,545
6,655
8,010
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,936
4,136
4,209
2,705
3,010
1,709
1,983
2,334
2,757
3,267
3,884
4,634
5,545
6,655
8,010
Stock & work in progress
101,585
101,020
96,490
99,562
103,610
111,229
112,990
110,484
115,932
Trade Debtors
81,143
97,435
110,074
94,350
100,897
102,505
3,572
4,030
6,769
3,253
3,539
3,287
4,512
2,753
17,511
Group Debtors
Misc Debtors
Cash
1,756
7,867
6,929
11,678
14,288
8,237
13,789
12,308
misc current assets
total current assets
81,143
97,435
110,074
94,350
100,897
102,505
106,913
112,917
110,188
114,493
121,437
122,753
131,291
125,545
133,443
total assets
85,079
101,571
114,283
97,055
103,907
104,214
108,896
115,251
112,945
117,760
125,321
127,387
136,836
132,200
141,453
Bank overdraft
Bank loan
318
Trade Creditors
46,623
26,217
34,680
26,923
31,078
40,588
31,974
31,027
22,118
20,111
32,433
38,766
37,226
23,005
25,410
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
46,623
26,217
34,680
26,923
31,078
40,588
31,974
31,027
22,118
20,111
32,433
38,766
37,226
23,005
25,728
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
46,623
26,217
34,680
26,923
31,078
40,588
31,974
31,027
22,118
20,111
32,433
38,766
37,226
23,005
25,728
net assets
38,456
75,354
79,603
70,132
72,829
63,626
76,922
84,224
90,827
97,649
92,888
88,621
99,610
109,195
115,725
total shareholders funds
38,456
75,354
79,603
70,132
72,829
63,626
76,922
84,224
90,827
97,649
92,888
88,621
99,610
109,195
115,725
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-36,898
-4,249
11,693
-2,697
11,362
8,272
-7,314
-6,640
-6,869
5,962
5,485
-11,044
-9,650
-6,550
132,962
Depreciation
351
423
510
617
750
911
1,110
1,355
1,619
Amortisation
Tax
-2,222
-2,159
-1,573
-1,266
-1,275
-37,226
Stock
-101,585
565
4,530
-3,072
-4,048
-7,619
-1,761
2,506
-5,448
115,932
Debtors
-16,292
-12,639
15,724
-6,547
-1,608
98,933
-458
-2,739
3,516
-286
252
-1,225
1,759
-14,758
17,511
Creditors
20,406
-8,463
7,757
-4,155
-9,510
8,614
947
8,909
2,007
-12,322
-6,333
1,540
14,221
-2,405
25,410
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-200
-73
1,504
-305
1,301
17,965
-6,123
901
-4,796
-2,675
5,994
-5,607
1,416
12,606
-10,678
Investing Activities
capital expenditure
200
73
-1,504
305
-1,301
274
-9,629
Change in Investments
cash flow from investments
200
73
-1,504
305
-1,301
274
-9,629
Financing Activities
Bank loans
-318
318
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-20,000
20,000
interest
4
12
37
47
65
56
55
65
21
-10
cash flow from financing
-19,996
12
37
47
65
56
55
65
-297
20,308
cash and cash equivalents
cash
-1,756
-6,111
938
-4,749
-2,610
6,051
-5,552
1,481
12,308
overdraft
change in cash
-1,756
-6,111
938
-4,749
-2,610
6,051
-5,552
1,481
12,308
elgin furniture & carpet centre limited 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 elgin furniture & carpet centre limited. Get real-time insights into elgin furniture & carpet centre limited's credit score, group structure and payment trends.
Elgin Furniture & Carpet Centre Limited Competitor Analysis
Perform a competitor analysis for elgin furniture & carpet centre limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in IV30 area or any other competitors across 12 key performance metrics.
elgin furniture & carpet centre limited Ownership
ELGIN FURNITURE & CARPET CENTRE LIMITED group structure
Elgin Furniture & Carpet Centre Limited has no subsidiary companies.
Ultimate parent company
ELGIN FURNITURE & CARPET CENTRE LIMITED
SC252844
ELGIN FURNITURE & CARPET CENTRE LIMITED Shareholders
The largest shareholders in Elgin Furniture & Carpet Centre Limited include Derrick Wardie Gault and Darren Hugh Gault.
derrick wardie gault
50%
darren hugh gault
50%
elgin furniture & carpet centre limited directors
Elgin Furniture & Carpet Centre Limited currently has 2 directors.
The longest serving directors include
Mr Darren Gault (Jul 2003) and
Mr Derrick Gault (Jul 2003).
elgin furniture & carpet centre limited company details
company number
SC252844
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
elgin furniture & carpet centre, 53-55 south street, elgin, moray, IV30 1JZ
Bank
BANK OF SCOTLAND
Legal Advisor
-
elgin furniture & carpet centre 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 elgin furniture & carpet centre limited.
elgin furniture & carpet centre 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.
Click to start generating capital raising & share issue transactions for ELGIN FURNITURE & CARPET CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
elgin furniture & carpet centre limitedCompanies House Filings - See Documents
