east city investments limited
east city investments limited Company Information
Company Number
00573920
Next Accounts
Mar 2025
Shareholders
andrew sheinman
dr leslie sheinman
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
c/o fti consulting llp, 200 aldersgate street, london, EC1A 4HD
Website
-east city investments limited Estimated Valuation
Pomanda estimates the enterprise value of EAST CITY INVESTMENTS LIMITED at £388k based on a Turnover of £175.8k and 2.21x industry multiple (adjusted for size and gross margin).
east city investments limited Estimated Valuation
Pomanda estimates the enterprise value of EAST CITY INVESTMENTS LIMITED at £10.3m based on an EBITDA of £1.9m and a 5.45x industry multiple (adjusted for size and gross margin).
east city investments limited Estimated Valuation
Pomanda estimates the enterprise value of EAST CITY INVESTMENTS LIMITED at £7.5m based on Net Assets of £4.9m and 1.53x industry multiple (adjusted for liquidity).
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East City Investments Limited Overview
East City Investments Limited is a dissolved company that was located in london, EC1A 4HD with a Companies House number of 00573920. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 1956, it's largest shareholder was andrew sheinman with a 16.7% stake. The last turnover for East City Investments Limited was estimated at £175.8k.
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East City Investments Limited Health Check
Pomanda's financial health check has awarded East City Investments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £175.8k, make it smaller than the average company (£8.1m)
- East City Investments Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.5%)
- East City Investments Limited
4.5% - Industry AVG
Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- East City Investments Limited
54.2% - Industry AVG
Profitability
an operating margin of 1076.9% make it more profitable than the average company (24.5%)
- East City Investments Limited
24.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (57)
1 - East City Investments Limited
57 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- East City Investments Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £175.8k, this is more efficient (£144.4k)
- East City Investments Limited
£144.4k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (38 days)
- East City Investments Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 526 days, this is slower than average (40 days)
- East City Investments Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- East City Investments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (13 weeks)
22 weeks - East City Investments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (66.3%)
92% - East City Investments Limited
66.3% - Industry AVG
EAST CITY INVESTMENTS LIMITED financials
East City Investments Limited's latest turnover from March 2020 is estimated at £175.8 thousand and the company has net assets of £4.9 million. According to their latest financial statements, East City Investments Limited has 1 employee and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,147,482 | 1,147,482 | |||||||||
| Intangible Assets | |||||||||||
| Investments & Other | 7,589,777 | 7,589,777 | 7,520,298 | 1,987,493 | 1,345,886 | 1,157,059 | 1,147,782 | 300 | 300 | 2,152,997 | 1,460,130 |
| Debtors (Due After 1 year) | 5,264,877 | 88,854 | 99,494 | 6,694 | 33,067 | ||||||
| Total Fixed Assets | 12,854,654 | 7,678,631 | 7,619,792 | 1,987,493 | 1,345,886 | 1,157,059 | 1,147,782 | 1,147,782 | 1,154,476 | 2,186,064 | 1,460,130 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 3,343 | 11,249 | 80,881 | 2,590 | 3,395,381 | 5,595,023 | 7,048,930 | 6,960,955 | 979,508 | 2,144,597 | |
| Group Debtors | 28,979,909 | 8,515,393 | 9,984,970 | 11,641,723 | 10,541,571 | ||||||
| Misc Debtors | 16,542,653 | 948,674 | 328,938 | 148,444 | 421,393 | ||||||
| Cash | 2,909,398 | 869,682 | 580,394 | 238,586 | 1,069,896 | 369,054 | 386,956 | 501,599 | 729,624 | 626,260 | 760,993 |
| misc current assets | |||||||||||
| total current assets | 48,435,303 | 10,344,998 | 10,975,183 | 12,031,343 | 12,032,860 | 3,764,435 | 5,981,979 | 7,550,529 | 7,690,579 | 1,605,768 | 2,905,590 |
| total assets | 61,289,957 | 18,023,629 | 18,594,975 | 14,018,836 | 13,378,746 | 4,921,494 | 7,129,761 | 8,698,311 | 8,845,055 | 3,791,832 | 4,365,720 |
| Bank overdraft | |||||||||||
| Bank loan | 183,983 | 3,469,705 | |||||||||
| Trade Creditors | 116,307 | 29,114 | 17,461 | 130,099 | 38,736 | 1,445,660 | 2,622,085 | 3,198,985 | 2,680,397 | 3,201,785 | 3,029,944 |
| Group/Directors Accounts | 298,421 | 8,378,571 | 11,619,992 | 12,287,340 | 9,401,263 | ||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 5,993,000 | 593,430 | 765,240 | 772,079 | 1,583,432 | ||||||
| total current liabilities | 6,591,711 | 12,470,820 | 12,402,693 | 13,189,518 | 11,023,431 | 1,445,660 | 2,622,085 | 3,198,985 | 2,680,397 | 3,201,785 | 3,029,944 |
| loans | 48,896,164 | ||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 885,452 | 786,926 | 786,926 | 38,981 | 14,425 | 14,425 | 14,425 | 14,425 | 14,425 | 14,425 | |
| total long term liabilities | 49,781,616 | 786,926 | 786,926 | 38,981 | 14,425 | 14,425 | 14,425 | 14,425 | 14,425 | 14,425 | |
| total liabilities | 56,373,327 | 13,257,746 | 13,189,619 | 13,228,499 | 11,037,856 | 1,460,085 | 2,636,510 | 3,213,410 | 2,694,822 | 3,216,210 | 3,029,944 |
| net assets | 4,916,630 | 4,765,883 | 5,405,356 | 790,337 | 2,340,890 | 3,461,409 | 4,493,251 | 5,484,901 | 6,150,233 | 575,622 | 1,335,776 |
| total shareholders funds | 4,916,630 | 4,765,883 | 5,405,356 | 790,337 | 2,340,890 | 3,461,409 | 4,493,251 | 5,484,901 | 6,150,233 | 575,622 | 1,335,776 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 41,226,612 | -930,113 | -1,298,474 | 829,793 | 7,567,583 | -2,199,642 | -1,453,907 | 81,281 | 5,955,074 | -1,132,022 | 2,144,597 |
| Creditors | 87,193 | 11,653 | -112,638 | 91,363 | -1,406,924 | -1,176,425 | -576,900 | 518,588 | -521,388 | 171,841 | 3,029,944 |
| Accruals and Deferred Income | 5,399,570 | -171,810 | -6,839 | -811,353 | 1,583,432 | ||||||
| Deferred Taxes & Provisions | 98,526 | 747,945 | 24,556 | 14,425 | |||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 69,479 | 5,532,805 | 641,607 | 188,827 | 9,277 | 1,147,482 | -2,152,697 | 692,867 | 1,460,130 | ||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | -3,285,722 | 3,469,705 | |||||||||
| Group/Directors Accounts | -8,080,150 | -3,241,421 | -667,348 | 2,886,077 | 9,401,263 | ||||||
| Other Short Term Loans | |||||||||||
| Long term loans | 48,896,164 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 2,039,716 | 289,288 | 341,808 | -831,310 | 700,842 | -17,902 | -114,643 | -228,025 | 103,364 | -134,733 | 760,993 |
| overdraft | |||||||||||
| change in cash | 2,039,716 | 289,288 | 341,808 | -831,310 | 700,842 | -17,902 | -114,643 | -228,025 | 103,364 | -134,733 | 760,993 |
east city investments limited Credit Report and Business Information
East City Investments Limited Competitor Analysis
Perform a competitor analysis for east city investments limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC1A area or any other competitors across 12 key performance metrics.
east city investments limited Ownership
EAST CITY INVESTMENTS LIMITED group structure
East City Investments Limited has 3 subsidiary companies.
Ultimate parent company
EAST CITY INVESTMENTS LIMITED
00573920
3 subsidiaries
east city investments limited directors
East City Investments Limited currently has 3 directors. The longest serving directors include Mr Nicholas Deacon (Oct 2021) and Mr Julius Sparks (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Deacon | United Kingdom | 50 years | Oct 2021 | - | Director |
| Mr Julius Sparks | United Kingdom | 57 years | Oct 2021 | - | Director |
| Mr William Evans | United Kingdom | 46 years | Oct 2021 | - | Director |
P&L
March 2020turnover
175.8k
+50%
operating profit
1.9m
0%
gross margin
54.2%
+1.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
4.9m
+0.03%
total assets
61.3m
+2.4%
cash
2.9m
+2.35%
net assets
Total assets minus all liabilities
east city investments limited company details
company number
00573920
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 1956
age
69
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2020
previous names
N/A
accountant
LUBBOCK FINE LLP
auditor
-
address
c/o fti consulting llp, 200 aldersgate street, london, EC1A 4HD
Bank
-
Legal Advisor
-
east city investments 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 2 charges/mortgages relating to east city investments limited. Currently there are 0 open charges and 2 have been satisfied in the past.
east city investments 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 EAST CITY INVESTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
east city investments limited Companies House Filings - See Documents
| date | description | view/download |
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