eh1 limited
eh1 limited Company Information
Company Number
SC402586
Next Accounts
Dec 2025
Shareholders
scotsman holdings plc
Group Structure
View All
Industry
Public houses and bars
+1Registered Address
hamilton house, 70 hamilton drive, glasgow, G12 8DR
Website
http://g1group.co.ukeh1 limited Estimated Valuation
Pomanda estimates the enterprise value of EH1 LIMITED at £13.5m based on a Turnover of £10.4m and 1.29x industry multiple (adjusted for size and gross margin).
eh1 limited Estimated Valuation
Pomanda estimates the enterprise value of EH1 LIMITED at £20.1m based on an EBITDA of £3.1m and a 6.51x industry multiple (adjusted for size and gross margin).
eh1 limited Estimated Valuation
Pomanda estimates the enterprise value of EH1 LIMITED at £37.1m based on Net Assets of £18.5m and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eh1 Limited Overview
Eh1 Limited is a live company located in glasgow, G12 8DR with a Companies House number of SC402586. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 2011, it's largest shareholder is scotsman holdings plc with a 100% stake. Eh1 Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Eh1 Limited Health Check
Pomanda's financial health check has awarded Eh1 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 10 measures and has 2 areas for improvement. Company Health Check FAQs
10 Strong
0 Regular
2 Weak
Size
annual sales of £10.4m, make it larger than the average company (£2.9m)
£10.4m - Eh1 Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 145%, show it is growing at a faster rate (25.3%)
145% - Eh1 Limited
25.3% - Industry AVG
Production
with a gross margin of 85.8%, this company has a lower cost of product (61.2%)
85.8% - Eh1 Limited
61.2% - Industry AVG
Profitability
an operating margin of 23.1% make it more profitable than the average company (6.5%)
23.1% - Eh1 Limited
6.5% - Industry AVG
Employees
with 121 employees, this is above the industry average (50)
121 - Eh1 Limited
50 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has a higher pay structure (£19.5k)
£24.9k - Eh1 Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £86.2k, this is more efficient (£59.8k)
£86.2k - Eh1 Limited
£59.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (7 days)
1 days - Eh1 Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (44 days)
122 days - Eh1 Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (12 days)
19 days - Eh1 Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (10 weeks)
46 weeks - Eh1 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.6%, this is a lower level of debt than the average (74.4%)
59.6% - Eh1 Limited
74.4% - Industry AVG
EH1 LIMITED financials
Eh1 Limited's latest turnover from March 2024 is £10.4 million and the company has net assets of £18.5 million. According to their latest financial statements, Eh1 Limited has 121 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,424,470 | 8,856,752 | 5,754,221 | 711,090 | 7,655,957 | 8,263,857 | 1,466,639 | 1,466,266 | 1,466,419 | 1,466,309 | 1,464,716 | 1,466,049 | 1,009,222 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 1,479,043 | 1,243,074 | 780,982 | 154,400 | 1,032,290 | 1,095,500 | |||||||
| Gross Profit | 8,945,427 | 7,613,678 | 4,973,239 | 556,690 | 6,623,667 | 7,168,357 | 1,466,639 | ||||||
| Admin Expenses | 6,542,456 | 6,071,021 | 3,650,342 | 1,259,461 | 4,521,792 | 4,336,914 | 352,934 | ||||||
| Operating Profit | 2,402,971 | 1,542,657 | 1,322,897 | -702,771 | 2,101,875 | 2,831,443 | 1,113,705 | 1,144,339 | 1,092,068 | 1,196,969 | 916,861 | 914,572 | 644,317 |
| Interest Payable | 1,906,203 | 892,732 | 692,511 | 746,071 | 1,195,608 | 655,030 | 692,293 | 583,222 | 704,656 | 402,390 | 450,793 | 505,339 | 302,006 |
| Interest Receivable | 2,116,598 | 1,169,889 | 1,130,630 | 634,584 | 607,947 | 513,842 | 361,453 | 275,177 | 91,885 | 14,351 | 261 | 514 | |
| Pre-Tax Profit | 2,613,366 | 1,819,814 | 1,761,016 | -814,258 | 1,617,738 | 8,141,500 | 1,070,109 | 836,294 | 479,297 | 808,930 | 466,329 | 409,747 | 342,311 |
| Tax | -617,425 | -367,732 | -340,695 | -31,255 | -425,920 | -574,296 | -343,275 | -115,551 | -22,311 | -156,399 | -161,518 | -150,852 | -127,639 |
| Profit After Tax | 1,995,941 | 1,452,082 | 1,420,321 | -845,513 | 1,191,818 | 7,567,204 | 726,834 | 720,743 | 456,986 | 652,531 | 304,811 | 258,895 | 214,672 |
| Dividends Paid | |||||||||||||
| Retained Profit | 1,995,941 | 1,452,082 | 1,420,321 | -845,513 | 1,191,818 | 7,567,204 | 726,834 | 720,743 | 456,986 | 652,531 | 304,811 | 258,895 | 214,672 |
| Employee Costs | 3,007,974 | 2,555,249 | 1,956,401 | ||||||||||
| Number Of Employees | 121 | 109 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 6 | |
| EBITDA* | 3,089,845 | 2,148,840 | 1,887,944 | -180,870 | 2,601,569 | 3,325,692 | 1,121,298 | 1,151,833 | 1,290,365 | 1,698,979 | 1,418,686 | 1,422,782 | 995,161 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,101,305 | 13,436,221 | 13,346,540 | 13,766,333 | 14,079,664 | 14,425,779 | 14,638,923 | 280,615 | 471,338 | 10,748,789 | 11,243,130 | 11,743,777 | |
| Intangible Assets | 1,933 | 36 | 1,376 | 9,253 | 17,096 | 24,663 | 32,080 | 39,574 | 47,148 | 54,722 | 62,206 | 69,769 | |
| Investments & Other | 595,741 | 595,742 | 595,742 | 1 | 1 | 1 | 2 | 12,780,617 | 12,500,002 | 12,500,001 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 25,411,762 | 18,182,997 | 21,608,584 | 24,999,511 | 24,581,134 | 20,338,043 | 17,019,072 | 12,088,457 | 3,896,536 | 287,557 | |||
| Total Fixed Assets | 39,110,741 | 32,214,960 | 35,550,902 | 38,767,221 | 38,670,052 | 34,780,919 | 31,682,660 | 24,901,154 | 16,716,727 | 13,306,044 | 10,803,512 | 11,305,337 | 11,813,547 |
| Stock & work in progress | 77,180 | 97,030 | 71,880 | 47,714 | 75,183 | 66,790 | 51,473 | ||||||
| Trade Debtors | 30,507 | 15,155 | 33,074 | 11,529 | 8,942 | 18,375 | 10,043 | 2,855 | 2,857 | ||||
| Group Debtors | 44,265 | 163,578 | 360,132 | 1,339,153 | 32,705 | 15,006 | |||||||
| Misc Debtors | 3,161,247 | 2,686,569 | 482,420 | 990,105 | 1,238,427 | 622,108 | 586,777 | 290,690 | 173,754 | 72,430 | 34,864 | 16,651 | 5,852 |
| Cash | 3,304,331 | 4,387,311 | 4,226,230 | 89,240 | 748,041 | 295,849 | 1,458,057 | 806,345 | 2,023,164 | 127,640 | 136,649 | 691,257 | 458,266 |
| misc current assets | |||||||||||||
| total current assets | 6,573,265 | 7,230,330 | 4,813,604 | 1,138,588 | 2,234,171 | 1,363,254 | 2,106,350 | 2,436,188 | 2,199,773 | 202,927 | 204,218 | 722,914 | 464,118 |
| total assets | 45,684,006 | 39,445,290 | 40,364,506 | 39,905,809 | 40,904,223 | 36,144,173 | 33,789,010 | 27,337,342 | 18,916,500 | 13,508,971 | 11,007,730 | 12,028,251 | 12,277,665 |
| Bank overdraft | 397,891 | 53,960 | |||||||||||
| Bank loan | 1,831,946 | 1,715,848 | 1,716,024 | 830,380 | 2,148,668 | 1,896,294 | 1,758,643 | 925,569 | 763,181 | 764,040 | |||
| Trade Creditors | 497,390 | 520,039 | 389,075 | 620,736 | 625,119 | 340,668 | 591,048 | 245,901 | 7 | 2,886 | |||
| Group/Directors Accounts | 473,241 | 473,533 | 483,217 | 6,927,789 | 41,579 | 127,838 | |||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 904,263 | 449,145 | 405,032 | 393,002 | 349,656 | 961,397 | 882,089 | 186,023 | 201,222 | 403,993 | 365,708 | 426,231 | 314,502 |
| total current liabilities | 3,706,840 | 2,685,032 | 2,983,664 | 1,706,599 | 970,392 | 3,735,184 | 10,046,840 | 2,535,714 | 1,414,271 | 1,295,012 | 1,129,755 | 827,008 | 368,462 |
| loans | 22,986,084 | 19,770,951 | 21,929,545 | 24,377,982 | 25,298,345 | 18,991,512 | 17,904,383 | 19,835,994 | 13,257,338 | 8,426,054 | 9,099,596 | 10,727,675 | 11,694,530 |
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | 516,761 | 510,927 | 424,999 | 215,251 | 183,996 | 157,805 | 145,319 | ||||||
| total long term liabilities | 23,502,845 | 20,281,878 | 22,354,544 | 24,593,233 | 25,482,341 | 19,149,317 | 18,049,702 | 19,835,994 | 13,257,338 | 8,426,054 | 9,099,596 | 10,727,675 | 11,694,530 |
| total liabilities | 27,209,685 | 22,966,910 | 25,338,208 | 26,299,832 | 26,452,733 | 22,884,501 | 28,096,542 | 22,371,708 | 14,671,609 | 9,721,066 | 10,229,351 | 11,554,683 | 12,062,992 |
| net assets | 18,474,321 | 16,478,380 | 15,026,298 | 13,605,977 | 14,451,490 | 13,259,672 | 5,692,468 | 4,965,634 | 4,244,891 | 3,787,905 | 778,379 | 473,568 | 214,673 |
| total shareholders funds | 18,474,321 | 16,478,380 | 15,026,298 | 13,605,977 | 14,451,490 | 13,259,672 | 5,692,468 | 4,965,634 | 4,244,891 | 3,787,905 | 778,379 | 473,568 | 214,673 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,402,971 | 1,542,657 | 1,322,897 | -702,771 | 2,101,875 | 2,831,443 | 1,113,705 | 1,144,339 | 1,092,068 | 1,196,969 | 916,861 | 914,572 | 644,317 |
| Depreciation | 686,807 | 606,147 | 563,704 | 514,024 | 491,851 | 486,682 | 190,723 | 494,436 | 494,341 | 500,647 | 345,613 | ||
| Amortisation | 67 | 36 | 1,343 | 7,877 | 7,843 | 7,567 | 7,593 | 7,494 | 7,574 | 7,574 | 7,484 | 7,563 | 5,231 |
| Tax | -617,425 | -367,732 | -340,695 | -31,255 | -425,920 | -574,296 | -343,275 | -115,551 | -22,311 | -156,399 | -161,518 | -150,852 | -127,639 |
| Stock | -19,850 | 25,150 | 24,166 | -27,469 | 8,393 | 15,317 | 51,473 | ||||||
| Debtors | 7,674,530 | -1,195,092 | -3,877,067 | 9,064 | 4,653,423 | 3,722,766 | 3,897,592 | 9,645,155 | 3,710,301 | 295,275 | 35,912 | 25,805 | 5,852 |
| Creditors | -22,649 | 130,964 | 389,075 | -620,736 | -4,383 | 284,451 | -250,380 | 345,147 | 245,901 | -7 | -2,879 | 2,886 | |
| Accruals and Deferred Income | 455,118 | 44,113 | 12,030 | 43,346 | -611,741 | 79,308 | 696,066 | -15,199 | -202,771 | 38,285 | -60,523 | 111,729 | 314,502 |
| Deferred Taxes & Provisions | 5,834 | 85,928 | 209,748 | 31,255 | 26,191 | 12,486 | 145,319 | ||||||
| Cash flow from operations | -4,743,957 | 3,212,055 | 6,011,003 | -739,855 | -3,076,100 | -610,442 | -2,580,037 | -8,278,925 | -2,399,117 | 1,285,583 | 1,157,854 | 1,360,740 | 1,176,172 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -1 | 595,741 | -1 | -12,780,615 | 280,615 | 1 | 12,500,000 | 1 | |||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 116,098 | -176 | 885,644 | 830,380 | -2,148,668 | 252,374 | 137,651 | 833,074 | 162,388 | -859 | 764,040 | ||
| Group/Directors Accounts | 473,241 | -473,533 | -9,684 | 483,217 | -6,927,789 | 6,927,789 | -41,579 | -86,259 | 127,838 | ||||
| Other Short Term Loans | |||||||||||||
| Long term loans | 3,215,133 | -2,158,594 | -2,448,437 | -920,363 | 6,306,833 | 1,087,129 | -1,931,611 | 6,578,656 | 4,831,284 | -673,542 | -1,628,079 | -966,855 | 11,694,530 |
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 210,395 | 277,157 | 438,119 | -111,487 | -587,661 | -141,188 | -330,840 | -308,045 | -612,771 | -388,039 | -450,532 | -504,825 | -302,006 |
| cash flow from financing | 4,014,867 | -2,355,146 | -1,134,358 | 281,747 | 3,570,504 | -5,729,474 | 4,802,989 | 7,062,106 | 4,294,642 | 1,422,393 | -1,314,571 | -1,471,680 | 11,392,525 |
| cash and cash equivalents | |||||||||||||
| cash | -1,082,980 | 161,081 | 4,136,990 | -658,801 | 452,192 | -1,162,208 | 651,712 | -1,216,819 | 1,895,524 | -9,009 | -554,608 | 232,991 | 458,266 |
| overdraft | -397,891 | 343,931 | 53,960 | ||||||||||
| change in cash | -1,082,980 | 161,081 | 4,136,990 | -658,801 | 452,192 | -1,162,208 | 651,712 | -1,216,819 | 1,895,524 | -9,009 | -156,717 | -110,940 | 404,306 |
eh1 limited Credit Report and Business Information
Eh1 Limited Competitor Analysis
Perform a competitor analysis for eh1 limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in G12 area or any other competitors across 12 key performance metrics.
eh1 limited Ownership
EH1 LIMITED group structure
Eh1 Limited has 1 subsidiary company.
Ultimate parent company
1 parent
EH1 LIMITED
SC402586
1 subsidiary
eh1 limited directors
Eh1 Limited currently has 3 directors. The longest serving directors include Mr Stefan King (Jun 2011) and Ms Lesley Welsh (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stefan King | Scotland | 62 years | Jun 2011 | - | Director |
| Ms Lesley Welsh | 49 years | Jul 2016 | - | Director | |
| Mr Ewan Robertson | England | 43 years | Aug 2024 | - | Director |
P&L
March 2024turnover
10.4m
+18%
operating profit
2.4m
+56%
gross margin
85.9%
-0.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
18.5m
+0.12%
total assets
45.7m
+0.16%
cash
3.3m
-0.25%
net assets
Total assets minus all liabilities
eh1 limited company details
company number
SC402586
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
55100 - Hotels and similar accommodation
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DBO LLP
address
hamilton house, 70 hamilton drive, glasgow, G12 8DR
Bank
BANK OF SCOTLAND PLC
Legal Advisor
MORTON FRASER MACROBERTS LLP
eh1 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 13 charges/mortgages relating to eh1 limited. Currently there are 6 open charges and 7 have been satisfied in the past.
eh1 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 EH1 LIMITED. This can take several minutes, an email will notify you when this has completed.
eh1 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
