Pomanda estimates the enterprise value of ELRIG EGGS LIMITED at £1.4m based on a Turnover of £2.2m and 0.65x industry multiple (adjusted for size and gross margin).
elrig eggs limitedEstimated Valuation
£8.4m
Pomanda estimates the enterprise value of ELRIG EGGS LIMITED at £8.4m based on an EBITDA of £2m and a 4.14x industry multiple (adjusted for size and gross margin).
elrig eggs limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of ELRIG EGGS LIMITED at £2.3m based on Net Assets of £1.6m and 1.41x industry multiple (adjusted for liquidity).
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Elrig Eggs LimitedOverview
Elrig Eggs Limited is a live company located in newton stewart, DG8 9RB with a Companies House number of SC519410. It operates in the mixed farming sector, SIC Code 01500. Founded in November 2015, it's largest shareholder is
james stewart gerrish
with a 60% stake. Elrig Eggs Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Elrig Eggs Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1m)
£2.2m - Elrig Eggs Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.2%)
7% - Elrig Eggs Limited
10.2% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
37.1% - Elrig Eggs Limited
37.1% - Industry AVG
Profitability
an operating margin of 55.1% make it more profitable than the average company (6.6%)
55.1% - Elrig Eggs Limited
6.6% - Industry AVG
Employees
with 27 employees, this is above the industry average (15)
27 - Elrig Eggs Limited
15 - Industry AVG
Pay Structure
on an average salary of £28k, the company has an equivalent pay structure (£28k)
£28k - Elrig Eggs Limited
£28k - Industry AVG
Efficiency
resulting in sales per employee of £81.2k, this is less efficient (£107k)
£81.2k - Elrig Eggs Limited
£107k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (21 days)
35 days - Elrig Eggs Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (42 days)
38 days - Elrig Eggs Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 76 days, this is less than average (108 days)
76 days - Elrig Eggs Limited
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (18 weeks)
40 weeks - Elrig Eggs Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (42.3%)
71.4% - Elrig Eggs Limited
42.3% - Industry AVG
ELRIG EGGS LIMITED financials
EXPORT
Elrig Eggs Limited's latest turnover from October 2023 is estimated at £2.2 million and the company has net assets of £1.6 million. According to their latest financial statements, Elrig Eggs Limited has 27 employees and maintains cash reserves of £165.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Turnover
2,191,769
2,386,545
2,443,279
1,787,957
905,563
859,035
2,022,634
1,146
Other Income Or Grants
Cost Of Sales
1,379,486
1,482,593
1,574,013
1,120,744
595,730
533,185
1,297,464
740
Gross Profit
812,283
903,952
869,266
667,213
309,834
325,850
725,170
406
Admin Expenses
-396,106
763,516
433,761
109,985
400,332
26,670
-109,204
406
Operating Profit
1,208,389
140,436
435,505
557,228
-90,498
299,180
834,374
Interest Payable
368,506
278,601
178,296
164,103
175,610
81,411
Interest Receivable
4,337
Pre-Tax Profit
844,220
-138,165
257,210
393,125
-266,108
217,769
834,374
Tax
-211,055
-48,870
-74,694
-41,376
-158,531
Profit After Tax
633,165
-138,165
208,340
318,431
-266,108
176,393
675,843
Dividends Paid
Retained Profit
633,165
-138,165
208,340
318,431
-266,108
176,393
675,843
Employee Costs
755,624
654,580
629,275
569,494
492,523
464,805
459,412
25,540
Number Of Employees
27
26
26
24
20
20
20
1
EBITDA*
2,024,558
824,880
971,807
1,020,984
320,758
605,168
1,125,969
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Tangible Assets
4,912,137
4,806,385
4,402,613
3,494,116
3,495,123
3,388,787
2,624,380
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,912,137
4,806,385
4,402,613
3,494,116
3,495,123
3,388,787
2,624,380
Stock & work in progress
290,014
302,094
692,668
343,621
174,075
18,320
388,640
Trade Debtors
211,089
231,004
275,645
216,724
62,022
57,887
129,179
100
Group Debtors
Misc Debtors
47,062
36,389
15,018
90,968
54,506
15,441
Cash
165,236
481
misc current assets
total current assets
713,401
569,487
983,331
651,794
290,603
91,648
517,819
100
total assets
5,625,538
5,375,872
5,385,944
4,145,910
3,785,726
3,480,435
3,142,199
100
Bank overdraft
458,710
643,249
161,151
641,774
974,044
Bank loan
Trade Creditors
144,536
441,446
174,419
93,693
74,535
75,226
824,429
Group/Directors Accounts
other short term finances
hp & lease commitments
9,000
13,200
13,950
13,950
4,200
other current liabilities
57,484
91,836
483,400
230,667
70,518
37,733
total current liabilities
211,020
1,005,192
1,315,018
499,461
791,027
1,087,003
824,429
loans
3,053,633
3,038,875
2,613,140
2,428,214
2,149,299
1,438,134
hp & lease commitments
9,750
22,600
16,175
30,125
16,450
Accruals and Deferred Income
other liabilities
1,641,827
provisions
743,136
334,371
328,612
283,451
242,722
102,962
total long term liabilities
3,806,519
3,395,846
2,957,927
2,741,790
2,408,471
1,541,096
1,641,827
total liabilities
4,017,539
4,401,038
4,272,945
3,241,251
3,199,498
2,628,099
2,466,256
net assets
1,607,999
974,834
1,112,999
904,659
586,228
852,336
675,943
100
total shareholders funds
1,607,999
974,834
1,112,999
904,659
586,228
852,336
675,943
100
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Operating Activities
Operating Profit
1,208,389
140,436
435,505
557,228
-90,498
299,180
834,374
Depreciation
816,169
684,444
536,302
463,756
411,256
305,988
291,595
Amortisation
Tax
-211,055
-48,870
-74,694
-41,376
-158,531
Stock
-12,080
-390,574
349,047
169,546
155,755
-370,320
388,640
Debtors
-9,242
-23,270
-17,029
191,164
43,200
-55,851
129,079
100
Creditors
-296,910
267,027
80,726
19,158
-691
-749,203
824,429
Accruals and Deferred Income
-34,352
-391,564
252,733
160,149
32,785
37,733
Deferred Taxes & Provisions
408,765
5,759
45,161
40,729
139,760
102,962
Cash flow from operations
1,912,328
1,119,946
969,539
805,616
293,657
381,455
1,274,148
-100
Investing Activities
capital expenditure
-921,921
-1,088,216
-1,444,799
-462,749
-517,592
-1,070,395
-2,915,975
Change in Investments
cash flow from investments
-921,921
-1,088,216
-1,444,799
-462,749
-517,592
-1,070,395
-2,915,975
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
14,758
425,735
184,926
278,915
711,165
1,438,134
Hire Purchase and Lease Commitments
-17,050
5,675
-13,950
23,425
20,650
other long term liabilities
-1,641,827
1,641,827
share issue
100
interest
-364,169
-278,601
-178,296
-164,103
-175,610
-81,411
cash flow from financing
-366,461
152,809
-7,320
138,237
556,205
-285,104
1,641,827
100
cash and cash equivalents
cash
165,236
-481
481
overdraft
-458,710
-184,539
482,098
-480,623
-332,270
974,044
change in cash
623,946
184,539
-482,579
481,104
332,270
-974,044
elrig eggs 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 elrig eggs limited. Get real-time insights into elrig eggs limited's credit score, group structure and payment trends.
Perform a competitor analysis for elrig eggs limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in DG8 area or any other competitors across 12 key performance metrics.
elrig eggs limited Ownership
ELRIG EGGS LIMITED group structure
Elrig Eggs Limited has no subsidiary companies.
Ultimate parent company
ELRIG EGGS LIMITED
SC519410
ELRIG EGGS LIMITED Shareholders
The largest shareholders in Elrig Eggs Limited include James Stewart Gerrish and Linda Aileen Elizabeth Gerrish.
james stewart gerrish
60%
linda aileen elizabeth gerrish
40%
elrig eggs limited directors
Elrig Eggs Limited currently has 2 directors.
The longest serving directors include
Mrs Linda Gerrish (Nov 2015) and
Mr James Gerrish (Nov 2015).
elrig farm elrig, port william, newton stewart, wigtonshire, DG8 9RB
Bank
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Legal Advisor
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elrig eggs 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 elrig eggs limited.
elrig eggs 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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elrig eggs limitedCompanies House Filings - See Documents
