e & a heating limited

5

e & a heating limited Company Information

Share E & A HEATING LIMITED
Live 
EstablishedSmallDeclining

Company Number

SC285385

Registered Address

23 victoria road, paisley, PA2 9PT

Industry

Plumbing, heat and air-conditioning installation

 

Telephone

01418489911

Next Accounts Due

December 2024

Group Structure

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Directors

Arthur McVey18 Years

Edward Jamieson18 Years

Shareholders

arthur mcvey 30%

edward jamieson 30%

View All

e & a heating limited Estimated Valuation

£209.7k - £4.2m

The estimated valuation range for e & a heating limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £209.7k to £4.2m

e & a heating limited Estimated Valuation

£209.7k - £4.2m

The estimated valuation range for e & a heating limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £209.7k to £4.2m

e & a heating limited Estimated Valuation

£209.7k - £4.2m

The estimated valuation range for e & a heating limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £209.7k to £4.2m

Get a detailed valuation report, edit figures and unlock valuation multiples.

E & A Heating Limited AI Business Plan

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E & A Heating Limited Overview

E & A Heating Limited is a live company located in paisley, PA2 9PT with a Companies House number of SC285385. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in May 2005, it's largest shareholder is arthur mcvey with a 30% stake. E & A Heating Limited is a established, small sized company, Pomanda has estimated its turnover at £621.5k with declining growth in recent years.

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E & A Heating Limited Health Check

Pomanda's financial health check has awarded E & A Heating Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £621.5k, make it larger than the average company (£370.4k)

£621.5k - E & A Heating Limited

£370.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.2%)

-6% - E & A Heating Limited

4.2% - Industry AVG

production

Production

with a gross margin of 17.7%, this company has a higher cost of product (27.4%)

17.7% - E & A Heating Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 39.2% make it more profitable than the average company (6.6%)

39.2% - E & A Heating Limited

6.6% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - E & A Heating Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - E & A Heating Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £155.4k, this is more efficient (£108.3k)

£155.4k - E & A Heating Limited

£108.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (56 days)

24 days - E & A Heating Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 155 days, this is slower than average (46 days)

155 days - E & A Heating Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 226 days, this is more than average (11 days)

226 days - E & A Heating Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 261 weeks, this is more cash available to meet short term requirements (19 weeks)

261 weeks - E & A Heating Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (62.3%)

14.8% - E & A Heating Limited

62.3% - Industry AVG

e & a heating 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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E & A Heating Limited Competitor Analysis

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Perform a competitor analysis for e & a heating limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

e & a heating limited Ownership

E & A HEATING LIMITED group structure

E & A Heating Limited has no subsidiary companies.

Ultimate parent company

E & A HEATING LIMITED

SC285385

E & A HEATING LIMITED Shareholders

arthur mcvey 30%
edward jamieson 30%
anne marie mcvey 20%
elaine jamieson 20%

e & a heating limited directors

E & A Heating Limited currently has 2 directors. The longest serving directors include Mr Arthur McVey (May 2005) and Mr Edward Jamieson (Mar 2006).

officercountryagestartendrole
Mr Arthur McVey57 years May 2005- Director
Mr Edward Jamieson67 years Mar 2006- Director

E & A HEATING LIMITED financials

EXPORTms excel logo

E & A Heating Limited's latest turnover from March 2023 is estimated at £621.5 thousand and the company has net assets of £1.3 million. According to their latest financial statements, E & A Heating Limited has 4 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Turnover621,463710,170476,031745,424665,585547,107118,449337,222765,900861,635999,629878,66300
Other Income Or Grants00000000000000
Cost Of Sales511,409580,402393,588600,637533,347432,29293,145264,865592,940667,896760,920663,16600
Gross Profit110,054129,76882,443144,787132,238114,81525,30472,357172,961193,739238,709215,49600
Admin Expenses-133,299-286,075189,323274,18896,524134,935-76,318-335,04872,166-78,5176,945190,84000
Operating Profit243,353415,843-106,880-129,40135,714-20,120101,622407,405100,795272,256231,76424,65600
Interest Payable01122273293269700000000
Interest Receivable39,5085,3556627595,9453,7762,1033,1721,9722,4221,58422200
Pre-Tax Profit282,862421,086-106,445-128,97141,333-16,441103,725410,576102,767274,678233,34924,87800
Tax-53,744-80,00600-7,8530-20,745-82,115-21,581-63,176-56,004-6,46800
Profit After Tax229,118341,080-106,445-128,97133,480-16,44182,980328,46181,186211,502177,34518,41000
Dividends Paid00000000000000
Retained Profit229,118341,080-106,445-128,97133,480-16,44182,980328,46181,186211,502177,34518,41000
Employee Costs135,058131,799131,111137,882139,04267,404100,58070,967103,442141,075171,826173,53600
Number Of Employees44444232345500
EBITDA*249,023416,976-104,915-127,18238,428-17,334103,879410,057104,216275,304235,67428,13100

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Tangible Assets18,6924,1815,3147,8328,4768,7707,0569,31311,96510,99314,04117,24300
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets18,6924,1815,3147,8328,4768,7707,0569,31311,96510,99314,04117,24300
Stock & work in progress317,199429,192123,353216,735182,797191,21536,34645,50045,500103,55256,29266,40700
Trade Debtors41,31253,197000000227,903168,884119,473215,14400
Group Debtors00000000000000
Misc Debtors0083082240,00060,632172,629182,255000000
Cash1,091,891767,328660,758664,000854,052731,205779,113903,509365,128423,831544,94588,81800
misc current assets00020000000000
total current assets1,450,4021,249,717784,941881,5591,076,849983,052988,0881,131,264638,531696,267720,710370,36900
total assets1,469,0941,253,898790,255889,3911,085,325991,822995,1441,140,577650,496707,260734,751387,61200
Bank overdraft003,3194,1396,6612,98600000000
Bank loan00000000000000
Trade Creditors 217,289231,211000010161,953299,903538,994269,20000
Group/Directors Accounts003,1748205,394000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00102,15596,380156,247105,29395,159323,573000000
total current liabilities217,289231,211108,648101,339168,302108,27995,160323,573161,953299,903538,994269,20000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000100,00000
provisions00000000000000
total long term liabilities00000000000100,00000
total liabilities217,289231,211108,648101,339168,302108,27995,160323,573161,953299,903538,994369,20000
net assets1,251,8051,022,687681,607788,052917,023883,543899,984817,004488,543407,357195,75718,41200
total shareholders funds1,251,8051,022,687681,607788,052917,023883,543899,984817,004488,543407,357195,75718,41200
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Operating Activities
Operating Profit243,353415,843-106,880-129,40135,714-20,120101,622407,405100,795272,256231,76424,65600
Depreciation5,6701,1331,9652,2192,7142,7862,2572,6523,4213,0483,9103,47500
Amortisation00000000000000
Tax-53,744-80,00600-7,8530-20,745-82,115-21,581-63,176-56,004-6,46800
Stock-111,993305,839-93,38233,938-8,418154,869-9,1540-58,05247,260-10,11566,40700
Debtors-11,88552,3678-39,178-20,632-111,997-9,626-45,64859,01949,411-95,671215,14400
Creditors-13,922231,211000-11-161,953-137,950-239,091269,794269,20000
Accruals and Deferred Income0-102,1555,775-59,86750,95410,134-228,414323,573000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations305,235107,820-5,766-181,809110,579-50,073-126,499535,210-56,282-123,634555,2509,31200
Investing Activities
capital expenditure-20,1810553-1,575-2,420-4,50000-4,3930-708-20,71800
Change in Investments00000000000000
cash flow from investments-20,1810553-1,575-2,420-4,50000-4,3930-708-20,71800
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0-3,1742,354-4,5745,394000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000000-100,000100,00000
share issue000000000980200
interest39,5085,2434354305,6193,6792,1033,1721,9722,4221,58422200
cash flow from financing39,5082,0692,789-4,14411,0133,6792,1033,1721,9722,520-98,416100,22400
cash and cash equivalents
cash324,563106,570-3,242-190,052122,847-47,908-124,396538,381-58,703-121,114456,12788,81800
overdraft0-3,319-820-2,5223,6752,98600000000
change in cash324,563109,889-2,422-187,530119,172-50,894-124,396538,381-58,703-121,114456,12788,81800

P&L

March 2023

turnover

621.5k

-12%

operating profit

243.4k

0%

gross margin

17.8%

-3.09%

turnover

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

Balance Sheet

March 2023

net assets

1.3m

+0.22%

total assets

1.5m

+0.17%

cash

1.1m

+0.42%

net assets

Total assets minus all liabilities

e & a heating limited company details

company number

SC285385

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

May 2005

age

19

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

23 victoria road, paisley, PA2 9PT

last accounts submitted

March 2023

e & a heating 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 e & a heating limited.

charges

e & a heating limited Companies House Filings - See Documents

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