electrocoin automatics limited
electrocoin automatics limited Company Information
Company Number
01256046
Next Accounts
Dec 2025
Shareholders
john stergides
Group Structure
View All
Industry
Manufacture of other special-purpose machinery n.e.c.
Registered Address
122 st pancras way, london, NW1 9NB
Website
www.electrocoin.comelectrocoin automatics limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTROCOIN AUTOMATICS LIMITED at £3.1m based on a Turnover of £5.7m and 0.55x industry multiple (adjusted for size and gross margin).
electrocoin automatics limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTROCOIN AUTOMATICS LIMITED at £660.8k based on an EBITDA of £162.1k and a 4.08x industry multiple (adjusted for size and gross margin).
electrocoin automatics limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTROCOIN AUTOMATICS LIMITED at £0 based on Net Assets of £-540 and 2.21x industry multiple (adjusted for liquidity).
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Electrocoin Automatics Limited Overview
Electrocoin Automatics Limited is a live company located in london, NW1 9NB with a Companies House number of 01256046. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in April 1976, it's largest shareholder is john stergides with a 100% stake. Electrocoin Automatics Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.
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Electrocoin Automatics Limited Health Check
Pomanda's financial health check has awarded Electrocoin Automatics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£13.3m)
- Electrocoin Automatics Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.4%)
- Electrocoin Automatics Limited
9.4% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (32%)
- Electrocoin Automatics Limited
32% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (6.9%)
- Electrocoin Automatics Limited
6.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (73)
9 - Electrocoin Automatics Limited
73 - Industry AVG
Pay Structure
on an average salary of £52k, the company has an equivalent pay structure (£52k)
- Electrocoin Automatics Limited
£52k - Industry AVG
Efficiency
resulting in sales per employee of £635k, this is more efficient (£185.7k)
- Electrocoin Automatics Limited
£185.7k - Industry AVG
Debtor Days
it gets paid by customers after 178 days, this is later than average (59 days)
- Electrocoin Automatics Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (42 days)
- Electrocoin Automatics Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 199 days, this is more than average (89 days)
- Electrocoin Automatics Limited
89 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Electrocoin Automatics Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (46.8%)
100% - Electrocoin Automatics Limited
46.8% - Industry AVG
ELECTROCOIN AUTOMATICS LIMITED financials
Electrocoin Automatics Limited's latest turnover from March 2024 is estimated at £5.7 million and the company has net assets of -£540. According to their latest financial statements, Electrocoin Automatics Limited has 9 employees and maintains cash reserves of £154.1 thousand 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 | 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 | 9 | 9 | 9 | 9 | 9 | 9 | |||||||||
| EBITDA* |
* 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,477,486 | 2,332,572 | 2,235,885 | 2,035,147 | 1,974,475 | 2,006,158 | 1,989,402 | 3,204,878 | 3,215,835 | 4,019,759 | 4,058,967 | 4,083,085 | 4,133,447 | 4,786,438 | 4,616,745 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,477,486 | 2,332,572 | 2,235,885 | 2,035,147 | 1,974,475 | 2,006,158 | 1,989,402 | 3,204,878 | 3,215,835 | 4,019,759 | 4,058,967 | 4,083,085 | 4,133,447 | 4,786,438 | 4,616,745 |
| Stock & work in progress | 2,425,250 | 1,450,980 | 1,275,860 | 1,048,250 | 830,700 | 630,780 | 550,720 | 448,785 | 345,720 | 330,850 | 310,520 | 365,890 | 720,180 | 898,680 | 1,110,870 |
| Trade Debtors | 2,793,823 | 2,512,019 | 2,962,140 | 3,051,559 | 3,309,117 | 3,622,345 | 2,658,490 | 1,770,906 | 1,638,644 | 1,480,833 | 1,382,902 | 1,480,687 | 1,871,514 | 1,636,104 | 1,367,175 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 154,068 | 321,515 | 190,922 | 222,741 | 220,702 | 137,607 | 579,629 | 26,980 | 54,079 | 23,590 | |||||
| misc current assets | |||||||||||||||
| total current assets | 5,373,141 | 4,284,514 | 4,428,922 | 4,322,550 | 4,360,519 | 4,390,732 | 3,788,839 | 2,246,671 | 2,038,443 | 1,835,273 | 1,693,422 | 1,846,577 | 2,591,694 | 2,534,784 | 2,478,045 |
| total assets | 7,850,627 | 6,617,086 | 6,664,807 | 6,357,697 | 6,334,994 | 6,396,890 | 5,778,241 | 5,451,549 | 5,254,278 | 5,855,032 | 5,752,389 | 5,929,662 | 6,725,141 | 7,321,222 | 7,094,790 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,148,566 | 784,904 | 823,549 | 541,430 | 584,207 | 620,616 | 612,953 | 700,703 | 792,860 | 963,695 | 1,355,560 | 1,512,639 | 2,326,389 | 3,058,663 | 4,388,479 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 1,148,566 | 784,904 | 823,549 | 541,430 | 584,207 | 620,616 | 612,953 | 700,703 | 792,860 | 963,695 | 1,355,560 | 1,512,639 | 2,326,389 | 3,058,663 | 4,388,479 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 6,702,601 | 5,939,148 | 6,043,257 | 6,128,545 | 6,112,584 | 6,230,208 | 5,722,100 | 5,533,841 | 5,285,053 | 6,318,015 | 5,515,669 | 5,198,811 | 4,548,611 | 4,507,375 | 2,282,711 |
| provisions | |||||||||||||||
| total long term liabilities | 6,702,601 | 5,939,148 | 6,043,257 | 6,128,545 | 6,112,584 | 6,230,208 | 5,722,100 | 5,533,841 | 5,285,053 | 6,318,015 | 5,515,669 | 5,198,811 | 4,548,611 | 4,507,375 | 2,282,711 |
| total liabilities | 7,851,167 | 6,724,052 | 6,866,806 | 6,669,975 | 6,696,791 | 6,850,824 | 6,335,053 | 6,234,544 | 6,077,913 | 7,281,710 | 6,871,229 | 6,711,450 | 6,875,000 | 7,566,038 | 6,671,190 |
| net assets | -540 | -106,966 | -201,999 | -312,278 | -361,797 | -453,934 | -556,812 | -782,995 | -823,635 | -1,426,678 | -1,118,840 | -781,788 | -149,859 | -244,816 | 423,600 |
| total shareholders funds | -540 | -106,966 | -201,999 | -312,278 | -361,797 | -453,934 | -556,812 | -782,995 | -823,635 | -1,426,678 | -1,118,840 | -781,788 | -149,859 | -244,816 | 423,600 |
| 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 32,686 | 27,783 | 24,342 | 23,763 | 31,683 | 30,244 | 20,025 | 22,055 | 29,406 | 39,208 | 45,238 | 56,946 | 57,828 | 72,285 | 39,816 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 974,270 | 175,120 | 227,610 | 217,550 | 199,920 | 80,060 | 101,935 | 103,065 | 14,870 | 20,330 | -55,370 | -354,290 | -178,500 | -212,190 | 1,110,870 |
| Debtors | 281,804 | -450,121 | -89,419 | -257,558 | -313,228 | 963,855 | 887,584 | 132,262 | 157,811 | 97,931 | -97,785 | -390,827 | 235,410 | 268,929 | 1,367,175 |
| Creditors | 363,662 | -38,645 | 282,119 | -42,777 | -36,409 | 7,663 | -87,750 | -92,157 | -170,835 | -391,865 | -157,079 | -813,750 | -732,274 | -1,329,816 | 4,388,479 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 763,453 | -104,109 | -85,288 | 15,961 | -117,624 | 508,108 | 188,259 | 248,788 | -1,032,962 | 802,346 | 316,858 | 650,200 | 41,236 | 2,224,664 | 2,282,711 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -167,447 | 130,593 | -31,819 | 2,039 | 83,095 | -442,022 | 552,649 | -27,099 | 30,489 | 23,590 | |||||
| overdraft | |||||||||||||||
| change in cash | -167,447 | 130,593 | -31,819 | 2,039 | 83,095 | -442,022 | 552,649 | -27,099 | 30,489 | 23,590 |
electrocoin automatics limited Credit Report and Business Information
Electrocoin Automatics Limited Competitor Analysis
Perform a competitor analysis for electrocoin automatics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NW1 area or any other competitors across 12 key performance metrics.
electrocoin automatics limited Ownership
ELECTROCOIN AUTOMATICS LIMITED group structure
Electrocoin Automatics Limited has no subsidiary companies.
Ultimate parent company
ELECTROCOIN AUTOMATICS LIMITED
01256046
electrocoin automatics limited directors
Electrocoin Automatics Limited currently has 2 directors. The longest serving directors include Mr John Stergides (May 1991) and Ms Christina Stergides (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Stergides | 77 years | May 1991 | - | Director | |
| Ms Christina Stergides | England | 49 years | Nov 2022 | - | Director |
P&L
March 2024turnover
5.7m
+26%
operating profit
129.4k
0%
gross margin
22.6%
+7.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-540
-0.99%
total assets
7.9m
+0.19%
cash
154.1k
-0.52%
net assets
Total assets minus all liabilities
electrocoin automatics limited company details
company number
01256046
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
April 1976
age
49
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
122 st pancras way, london, NW1 9NB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
electrocoin automatics 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 31 charges/mortgages relating to electrocoin automatics limited. Currently there are 4 open charges and 27 have been satisfied in the past.
electrocoin automatics 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 ELECTROCOIN AUTOMATICS LIMITED. This can take several minutes, an email will notify you when this has completed.
electrocoin automatics limited Companies House Filings - See Documents
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