erg uk holding ltd
erg uk holding ltd Company Information
Company Number
SC615835
Website
-Registered Address
erg 4th floor, 2 castle terrace, edinburgh, EH1 2DP
Industry
Activities of production holding companies
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
erg power generation spa 100%
erg uk holding ltd Estimated Valuation
Pomanda estimates the enterprise value of ERG UK HOLDING LTD at £0 based on a Turnover of £0 and 1.26x industry multiple (adjusted for size and gross margin).
erg uk holding ltd Estimated Valuation
Pomanda estimates the enterprise value of ERG UK HOLDING LTD at £0 based on an EBITDA of £-2.2m and a 4.96x industry multiple (adjusted for size and gross margin).
erg uk holding ltd Estimated Valuation
Pomanda estimates the enterprise value of ERG UK HOLDING LTD at £50.2m based on Net Assets of £23.7m and 2.12x industry multiple (adjusted for liquidity).
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Erg Uk Holding Ltd Overview
Erg Uk Holding Ltd is a live company located in edinburgh, EH1 2DP with a Companies House number of SC615835. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in December 2018, it's largest shareholder is erg power generation spa with a 100% stake. Erg Uk Holding Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Erg Uk Holding Ltd Health Check
There is insufficient data available to calculate a health check for Erg Uk Holding Ltd. Company Health Check FAQs
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 14 employees, this is below the industry average (124)
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- - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has a higher pay structure (£41.7k)
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (55.9%)
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- - Industry AVG
ERG UK HOLDING LTD financials
Erg Uk Holding Ltd's latest turnover from December 2023 is 0 and the company has net assets of £23.7 million. According to their latest financial statements, Erg Uk Holding Ltd has 14 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | -2,165,948 | -1,766,646 | -1,272,578 | -884,240 | -854,423 |
| Interest Payable | 17,069,702 | 18,073,774 | 2,558,545 | 2,173,101 | 90,177 |
| Interest Receivable | 27,455,556 | 8,587,801 | 11,345,306 | 1,631,348 | 150,695 |
| Pre-Tax Profit | 8,219,906 | -11,452,722 | 7,514,183 | -1,425,993 | -793,905 |
| Tax | -1,137,520 | 696,339 | 0 | 0 | 0 |
| Profit After Tax | 7,082,386 | -10,756,383 | 7,514,183 | -1,425,993 | -793,905 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,082,386 | -10,756,383 | 7,514,183 | -1,425,993 | -793,905 |
| Employee Costs | 849,858 | 488,372 | 246,579 | 269,884 | 394,386 |
| Number Of Employees | 14 | 9 | 4 | 3 | |
| EBITDA* | -2,160,395 | -1,766,646 | -1,254,784 | -866,445 | -854,423 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 10,176 | 15,728 | 17,797 | 35,591 | 56,865 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 46,935,473 | 46,855,400 | 26,648,411 | 26,548,411 | 4,728,112 |
| Debtors (Due After 1 year) | 290,335,209 | 267,973,034 | 184,044,599 | 73,032,565 | 0 |
| Total Fixed Assets | 337,280,858 | 314,844,162 | 210,710,807 | 99,616,567 | 4,784,977 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 282,800 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 4,292,524 |
| Misc Debtors | 127,173 | 24,054 | 105,686 | 366,657 | 256,413 |
| Cash | 3,274,052 | 158,646 | 763,579 | 563,493 | 308,079 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,401,225 | 182,700 | 869,265 | 1,212,950 | 4,857,017 |
| total assets | 340,682,083 | 315,026,862 | 211,580,072 | 100,829,517 | 9,641,994 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 78,665 | 92,216 | 45,487 | 200,721 | 86,987 |
| Group/Directors Accounts | 316,115,534 | 298,269,769 | 184,010,779 | 80,710,863 | 10,126,174 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 769,594 | 28,973 | 131,519 | 39,829 | 222,735 |
| total current liabilities | 316,963,793 | 298,390,958 | 184,187,785 | 80,951,413 | 10,435,897 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 316,963,793 | 298,390,958 | 184,187,785 | 80,951,413 | 10,435,897 |
| net assets | 23,718,290 | 16,635,904 | 27,392,287 | 19,878,104 | -793,903 |
| total shareholders funds | 23,718,290 | 16,635,904 | 27,392,287 | 19,878,104 | -793,903 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -2,165,948 | -1,766,646 | -1,272,578 | -884,240 | -854,423 |
| Depreciation | 5,553 | 17,794 | 17,795 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | -1,137,520 | 696,339 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22,465,294 | 83,846,803 | 110,468,263 | 69,133,084 | 4,548,938 |
| Creditors | -13,551 | 46,729 | -155,234 | 113,734 | 86,987 |
| Accruals and Deferred Income | 740,621 | -102,546 | 91,690 | -182,906 | 222,735 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -25,036,139 | -111,786,591 | -70,068,701 | -5,093,639 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 80,073 | 20,206,989 | 100,000 | 21,820,299 | 4,728,112 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 17,845,765 | 114,258,990 | 103,299,916 | 70,584,689 | 10,126,174 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 10,385,854 | -9,485,973 | 8,786,761 | -541,753 | 60,518 |
| cash flow from financing | 28,231,619 | 104,773,017 | 112,086,677 | 92,140,936 | 10,186,694 |
| cash and cash equivalents | |||||
| cash | 3,115,406 | -604,933 | 200,086 | 255,414 | 308,079 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,115,406 | -604,933 | 200,086 | 255,414 | 308,079 |
erg uk holding ltd Credit Report and Business Information
Erg Uk Holding Ltd Competitor Analysis
Perform a competitor analysis for erg uk holding ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in EH1 area or any other competitors across 12 key performance metrics.
erg uk holding ltd Ownership
ERG UK HOLDING LTD group structure
Erg Uk Holding Ltd has 6 subsidiary companies.
Ultimate parent company
SAN QUIRICO SPA
#0109178
ERG POWER GENERATION SPA
#0085672
2 parents
ERG UK HOLDING LTD
SC615835
6 subsidiaries
erg uk holding ltd directors
Erg Uk Holding Ltd currently has 3 directors. The longest serving directors include Mr Charles Williams (Dec 2018) and Ms Lynette Purves (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Williams | United Kingdom | 63 years | Dec 2018 | - | Director |
| Ms Lynette Purves | United Kingdom | 37 years | Apr 2020 | - | Director |
| Ms Marina Bauer | Scotland | 37 years | Nov 2023 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-2.2m
+23%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.7m
+0.43%
total assets
340.7m
+0.08%
cash
3.3m
+19.64%
net assets
Total assets minus all liabilities
erg uk holding ltd company details
company number
SC615835
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
December 2018
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
erg 4th floor, 2 castle terrace, edinburgh, EH1 2DP
Bank
-
Legal Advisor
-
erg uk holding ltd 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 erg uk holding ltd.
erg uk holding ltd Companies House Filings - See Documents
| date | description | view/download |
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