Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Pomanda estimates the enterprise value of ECS ENGINEERING SERVICES LTD. at £8.7m based on a Turnover of £18.2m and 0.48x industry multiple (adjusted for size and gross margin).
ecs engineering services ltd.Estimated Valuation
£0
Pomanda estimates the enterprise value of ECS ENGINEERING SERVICES LTD. at £0 based on an EBITDA of £-558.3k and a 3.71x industry multiple (adjusted for size and gross margin).
ecs engineering services ltd.Estimated Valuation
£1.3m
Pomanda estimates the enterprise value of ECS ENGINEERING SERVICES LTD. at £1.3m based on Net Assets of £622.1k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ecs Engineering Services Ltd.Overview
Ecs Engineering Services Ltd. is a live company located in nottinghamshire, NG17 2JZ with a Companies House number of 02454269. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in December 1989, it's largest shareholder is
engineering solutions group limited
with a 100% stake. Ecs Engineering Services Ltd. is a mature,
mid sized company, Pomanda has estimated its turnover at
£18.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ecs Engineering Services Ltd. a 3.5 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
Health Rating3.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £18.2m, make it larger than the average company (£7.8m)
£18.2m - Ecs Engineering Services Ltd.
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.2%)
11% - Ecs Engineering Services Ltd.
10.2% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (31.2%)
12.7% - Ecs Engineering Services Ltd.
31.2% - Industry AVG
Profitability
an operating margin of -5.5% make it less profitable than the average company (6.2%)
-5.5% - Ecs Engineering Services Ltd.
6.2% - Industry AVG
Employees
with 144 employees, this is above the industry average (50)
144 - Ecs Engineering Services Ltd.
50 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£47.9k)
£43.4k - Ecs Engineering Services Ltd.
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £126.3k, this is equally as efficient (£140.5k)
£126.3k - Ecs Engineering Services Ltd.
£140.5k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (66 days)
46 days - Ecs Engineering Services Ltd.
66 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (41 days)
73 days - Ecs Engineering Services Ltd.
41 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (42 days)
1 days - Ecs Engineering Services Ltd.
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (16 weeks)
9 weeks - Ecs Engineering Services Ltd.
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (50.8%)
93.4% - Ecs Engineering Services Ltd.
50.8% - Industry AVG
ECS ENGINEERING SERVICES LTD. financials
EXPORT
Ecs Engineering Services Ltd.'s latest turnover from March 2024 is £18.2 million and the company has net assets of £622.1 thousand. According to their latest financial statements, Ecs Engineering Services Ltd. has 144 employees and maintains cash reserves of £1.5 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
Mar 2011
Mar 2010
Turnover
18,192,436
18,901,234
19,012,277
13,170,237
12,583,878
15,064,389
15,660,761
13,163,184
9,790,131
9,734,721
9,192,081
9,227,860
10,097,926
8,511,764
9,664,929
Other Income Or Grants
-1,061,526
2,472
376,174
Cost Of Sales
14,818,317
15,606,102
15,793,056
11,602,197
10,791,202
12,983,680
14,354,386
11,423,765
8,419,306
8,331,279
7,891,050
8,026,104
8,965,218
7,140,929
8,019,118
Gross Profit
2,312,593
3,295,132
3,221,693
1,944,214
1,792,676
2,080,709
1,306,375
1,739,419
1,370,825
1,403,442
1,301,031
1,201,756
1,132,708
1,370,835
1,645,811
Admin Expenses
3,313,559
2,803,987
2,524,085
1,895,309
1,881,100
1,933,341
2,183,066
1,441,702
1,371,001
1,316,190
1,250,735
1,196,753
1,233,742
1,124,874
1,160,349
Operating Profit
-1,000,966
491,145
697,608
48,905
-88,424
147,368
-876,691
297,717
-176
87,252
50,296
5,003
-101,034
245,961
485,462
Interest Payable
46,794
42,024
22,662
32,542
41,001
62,712
54,439
37,301
42,344
43,877
37,513
45,094
39,266
34,184
28,511
Interest Receivable
16,732
308
203
33
582
430
711
562
1,280
93
209
759
Pre-Tax Profit
-1,031,028
449,121
674,946
16,671
-129,425
84,862
-931,097
260,998
-42,090
44,086
13,345
-38,811
-140,207
211,986
457,710
Tax
55,311
146,355
185,706
239,295
398,908
378,374
306,487
70,337
123,070
84,297
46,606
133,796
25,682
-43,808
-118,161
Profit After Tax
-975,717
595,476
860,652
255,966
269,483
463,236
-624,610
331,335
80,980
128,383
59,951
94,985
-114,525
168,178
339,549
Dividends Paid
300,000
800,000
50,000
60,011
54,450
65,340
32,670
663,796
Retained Profit
-1,275,717
-204,524
810,652
255,966
269,483
463,236
-624,610
271,324
80,980
128,383
59,951
40,535
-179,865
135,508
-324,247
Employee Costs
6,251,769
5,214,791
5,187,626
4,486,695
4,463,633
5,036,155
5,234,448
4,104,115
3,774,351
3,472,359
3,744,670
3,496,562
3,296,596
3,120,994
3,136,436
Number Of Employees
144
130
135
126
121
143
155
131
124
115
120
128
122
119
119
EBITDA*
-558,296
845,964
973,844
287,308
187,895
424,737
-608,451
506,939
76,506
270,285
277,947
212,357
76,118
403,883
647,940
* 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
1,682,537
1,415,817
1,293,430
909,031
912,808
961,688
1,197,724
1,215,038
666,205
908,622
1,040,097
848,436
859,134
755,415
886,458
Intangible Assets
186,727
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,869,264
1,415,817
1,293,430
909,031
912,808
961,688
1,197,724
1,215,038
666,205
908,622
1,040,097
848,436
859,134
755,415
886,458
Stock & work in progress
67,589
48,170
68,640
81,311
63,951
54,323
572,287
216,210
78,327
119,739
262,065
266,246
595,096
596,516
575,307
Trade Debtors
2,314,731
2,480,404
3,477,687
2,146,597
2,861,677
2,102,192
2,834,889
3,382,017
1,842,794
1,127,990
1,911,112
1,187,734
1,398,640
1,569,972
1,707,052
Group Debtors
758,651
538,942
1,057,160
Misc Debtors
2,939,134
2,003,083
1,926,859
1,233,163
1,047,408
1,079,937
1,488,020
1,455,632
813,178
543,415
659,001
621,129
491,696
220,756
227,281
Cash
1,454,014
3,070,721
3,623,982
3,353,446
2,168,905
2,617,070
752,641
2,133,135
1,569,662
1,988,252
358,689
1,755,657
1,499,338
971,032
482,864
misc current assets
469,828
total current assets
7,534,119
8,141,320
10,154,328
6,814,517
6,141,941
5,853,522
5,647,837
7,186,994
4,773,789
3,779,396
3,190,867
3,830,766
3,984,770
3,358,276
2,992,504
total assets
9,403,383
9,557,137
11,447,758
7,723,548
7,054,749
6,815,210
6,845,561
8,402,032
5,439,994
4,688,018
4,230,964
4,679,202
4,843,904
4,113,691
3,878,962
Bank overdraft
125,477
360,660
273,552
Bank loan
90,909
90,909
90,909
75,758
Trade Creditors
2,987,284
2,974,430
3,800,277
2,411,366
2,527,593
2,235,997
1,766,872
2,721,031
1,902,154
1,504,608
951,190
859,704
1,276,063
1,380,413
1,278,881
Group/Directors Accounts
216,742
85,252
185,793
109,094
other short term finances
33,579
32,568
359,152
36,000
44,214
26,045
26,639
hp & lease commitments
226,679
158,256
142,095
150,648
137,307
159,738
172,248
153,971
55,016
59,466
79,512
90,203
83,759
54,752
67,717
other current liabilities
4,704,067
3,729,546
4,602,961
2,650,527
2,304,068
2,590,271
3,285,257
3,320,899
1,995,873
1,750,886
1,897,889
2,643,370
2,215,007
1,342,628
1,615,906
total current liabilities
8,259,260
7,070,961
8,636,242
5,647,451
5,004,968
4,986,006
5,224,377
6,240,115
3,979,088
3,314,960
2,955,230
3,718,754
3,935,489
3,237,138
3,071,598
loans
180,114
296,548
327,001
459,242
288,124
324,124
273,124
160,879
161,611
165,778
165,778
188,052
hp & lease commitments
341,900
235,693
180,964
225,873
329,979
339,139
477,372
519,712
108,277
39,615
61,874
89,190
69,811
52,616
107,588
Accruals and Deferred Income
other liabilities
180,728
provisions
56,109
201,201
73,270
69,932
73,678
100,661
86,689
67,705
41,708
50,508
54,753
69,958
56,154
67,501
total long term liabilities
522,014
588,350
709,166
758,385
688,035
736,941
851,157
767,280
337,593
247,101
278,160
331,995
320,497
108,770
175,089
total liabilities
8,781,274
7,659,311
9,345,408
6,405,836
5,693,003
5,722,947
6,075,534
7,007,395
4,316,681
3,562,061
3,233,390
4,050,749
4,255,986
3,345,908
3,246,687
net assets
622,109
1,897,826
2,102,350
1,317,712
1,361,746
1,092,263
770,027
1,394,637
1,123,313
1,125,957
997,574
628,453
587,918
767,783
632,275
total shareholders funds
622,109
1,897,826
2,102,350
1,317,712
1,361,746
1,092,263
770,027
1,394,637
1,123,313
1,125,957
997,574
628,453
587,918
767,783
632,275
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
-1,000,966
491,145
697,608
48,905
-88,424
147,368
-876,691
297,717
-176
87,252
50,296
5,003
-101,034
245,961
485,462
Depreciation
429,496
354,819
276,236
238,403
276,319
277,369
268,240
209,222
76,682
183,033
227,651
207,354
177,152
157,922
162,478
Amortisation
13,174
Tax
55,311
146,355
185,706
239,295
398,908
378,374
306,487
70,337
123,070
84,297
46,606
133,796
25,682
-43,808
-118,161
Stock
19,419
-20,470
-12,671
17,360
9,628
-517,964
356,077
137,883
-41,412
-142,326
-4,181
-328,850
-1,420
21,209
575,307
Debtors
990,087
-1,439,277
3,081,946
-529,325
726,956
-1,140,780
-514,740
2,181,677
984,567
-898,708
761,250
-81,473
99,608
-143,605
1,934,333
Creditors
12,854
-825,847
1,388,911
-116,227
291,596
469,125
-954,159
818,877
397,546
553,418
91,486
-416,359
-104,350
101,532
1,278,881
Accruals and Deferred Income
974,521
-873,415
1,952,434
346,459
-286,203
-694,986
-35,642
1,325,026
244,987
-147,003
-745,481
428,363
872,379
-273,278
1,615,906
Deferred Taxes & Provisions
-56,109
-145,092
127,931
3,338
-3,746
-26,983
13,972
18,984
25,997
-8,800
-4,245
-15,205
13,804
-11,347
67,501
Cash flow from operations
-581,225
607,712
1,559,551
1,272,138
-148,134
2,209,011
-1,119,130
420,603
-75,049
1,793,231
-1,090,756
753,275
785,445
299,378
982,427
Investing Activities
capital expenditure
-896,117
-477,206
-660,635
-234,626
-29,643
-71,378
522,162
-221,500
60,124
-22,207
-44,817
-134,332
-25,855
-113,362
Change in Investments
cash flow from investments
-896,117
-477,206
-660,635
-234,626
-29,643
-71,378
522,162
-221,500
60,124
-22,207
-44,817
-134,332
-25,855
-113,362
Financing Activities
Bank loans
15,151
75,758
Group/Directors Accounts
131,490
85,252
-185,793
76,699
109,094
Other Short Term Loans
1,011
32,568
-359,152
323,152
36,000
-44,214
18,169
26,045
-26,639
26,639
Long term loans
-116,434
-30,453
-132,241
171,118
-36,000
51,000
112,245
-732
-4,167
-22,274
188,052
Hire Purchase and Lease Commitments
174,630
70,890
-53,462
-90,765
-31,591
-150,743
-24,063
510,390
64,212
-42,305
-38,007
25,823
46,202
-67,937
175,305
other long term liabilities
-180,728
180,728
share issue
-26,014
-300,000
-141,000
-83,624
309,170
956,522
interest
-30,062
-42,024
-22,662
-32,234
-41,001
-62,509
-54,406
-36,719
-41,914
-43,166
-36,951
-43,814
-39,173
-33,975
-27,752
cash flow from financing
160,635
116,233
-578,380
147,029
-72,592
-303,252
-10,438
491,108
-39,448
-112,110
238,577
-10,667
1,964
-25,213
1,213,169
cash and cash equivalents
cash
-1,616,707
-553,261
270,536
1,184,541
-448,165
1,864,429
-1,380,494
563,473
-418,590
1,629,563
-1,396,968
256,319
528,306
488,168
482,864
overdraft
-125,477
-235,183
87,108
273,552
change in cash
-1,616,707
-553,261
270,536
1,184,541
-448,165
1,864,429
-1,380,494
563,473
-418,590
1,629,563
-1,271,491
491,502
441,198
214,616
482,864
ecs engineering services ltd. 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 ecs engineering services ltd.. Get real-time insights into ecs engineering services ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for ecs engineering services ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NG17 area or any other competitors across 12 key performance metrics.
ecs engineering services ltd. Ownership
ECS ENGINEERING SERVICES LTD. group structure
Ecs Engineering Services Ltd. has no subsidiary companies.
The sole shareholder of Ecs Engineering Services Ltd. is Engineering Solutions Group Limited.
engineering solutions group limited
100%
ecs engineering services ltd. directors
Ecs Engineering Services Ltd. currently has 5 directors.
The longest serving directors include
Mr Clark Williamson (Apr 2008) and
Mr Stephen Iles (Jan 2019).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
25990 - Manufacture of other fabricated metal products n.e.c.
71121 - Engineering design activities for industrial process and production
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
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ecs engineering services 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 found 3 charges/mortgages relating to ecs engineering services ltd.. Currently there are 2 open charges and 1 have been satisfied in the past.
ecs engineering services ltd. 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 ECS ENGINEERING SERVICES LTD.. This can take several minutes, an email will notify you when this has completed.
ecs engineering services ltd.Companies House Filings - See Documents
