centre for economics and business research limited
centre for economics and business research limited Company Information
Company Number
02592404
Next Accounts
Feb 2025
Industry
Management consultancy activities (other than financial management)
Shareholders
ianthe priscilla mcwilliams
douglas francis mcwilliams
View AllGroup Structure
View All
Contact
Registered Address
unit 1, 4 bath street, london, bath street, london, EC1V 9DX
Website
https://www.cebr.comcentre for economics and business research limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED at £2.1m based on a Turnover of £3.5m and 0.59x industry multiple (adjusted for size and gross margin).
centre for economics and business research limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED at £421.8k based on an EBITDA of £93k and a 4.54x industry multiple (adjusted for size and gross margin).
centre for economics and business research limited Estimated Valuation
Pomanda estimates the enterprise value of CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED at £3.5m based on Net Assets of £1.3m and 2.68x industry multiple (adjusted for liquidity).
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Centre For Economics And Business Research Limited Overview
Centre For Economics And Business Research Limited is a live company located in london, EC1V 9DX with a Companies House number of 02592404. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 1991, it's largest shareholder is ianthe priscilla mcwilliams with a 41.8% stake. Centre For Economics And Business Research Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with high growth in recent years.
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Centre For Economics And Business Research Limited Health Check
Pomanda's financial health check has awarded Centre For Economics And Business Research Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £3.5m, make it larger than the average company (£409k)
- Centre For Economics And Business Research Limited
£409k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.4%)
- Centre For Economics And Business Research Limited
6.4% - Industry AVG
Production
with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)
- Centre For Economics And Business Research Limited
58.3% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (8.2%)
- Centre For Economics And Business Research Limited
8.2% - Industry AVG
Employees
with 23 employees, this is above the industry average (5)
23 - Centre For Economics And Business Research Limited
5 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Centre For Economics And Business Research Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £154.2k, this is more efficient (£119.2k)
- Centre For Economics And Business Research Limited
£119.2k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is near the average (68 days)
- Centre For Economics And Business Research Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (27 days)
- Centre For Economics And Business Research Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (22 days)
- Centre For Economics And Business Research Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (26 weeks)
58 weeks - Centre For Economics And Business Research Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.1%, this is a lower level of debt than the average (55.5%)
33.1% - Centre For Economics And Business Research Limited
55.5% - Industry AVG
CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED financials
Centre For Economics And Business Research Limited's latest turnover from May 2023 is estimated at £3.5 million and the company has net assets of £1.3 million. According to their latest financial statements, Centre For Economics And Business Research Limited has 23 employees and maintains cash reserves of £727.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,721,582 | 1,902,319 | 1,947,374 | 2,113,347 | 2,034,300 | 1,892,629 | 1,791,017 | 2,380,963 | 2,094,201 | 1,722,158 | 1,544,563 | 1,342,258 | 1,189,603 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,981,341 | 1,594,506 | 1,537,886 | 1,686,746 | 1,603,008 | 1,464,218 | 1,472,843 | 1,709,710 | 1,367,886 | 1,237,511 | 1,168,032 | 1,012,812 | 772,124 | |
| Gross Profit | 740,241 | 307,813 | 409,488 | 426,601 | 431,292 | 428,411 | 318,174 | 671,253 | 726,315 | 484,647 | 376,531 | 329,446 | 417,479 | |
| Admin Expenses | 459,457 | 98,692 | 350,115 | 98,115 | 153,803 | 126,044 | 134,263 | 263,399 | 202,121 | 151,757 | 140,833 | 107,241 | 228,825 | |
| Operating Profit | 280,784 | 209,121 | 59,373 | 328,486 | 277,489 | 302,367 | 183,911 | 407,854 | 524,194 | 332,890 | 235,698 | 222,205 | 188,654 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 583 | 1,557 | 2,717 | 3,895 | |
| Interest Receivable | 69 | 20 | 185 | 41 | 47 | 112 | 607 | 508 | 1,168 | 3,789 | 460 | 77 | 102 | |
| Pre-Tax Profit | 280,853 | 209,141 | 59,558 | 328,527 | 277,536 | 302,479 | 184,518 | 408,362 | 525,362 | 336,096 | 234,601 | 279,565 | 184,861 | |
| Tax | -31,207 | -44,387 | -13,385 | -59,768 | -59,556 | -48,457 | -22,395 | -72,034 | -126,147 | -82,855 | -52,643 | -66,240 | -42,138 | |
| Profit After Tax | 249,646 | 164,754 | 46,173 | 268,759 | 217,980 | 254,022 | 162,123 | 336,328 | 399,215 | 253,241 | 181,958 | 213,325 | 142,723 | |
| Dividends Paid | 288,000 | 36,000 | 72,000 | 105,411 | 145,911 | 174,711 | 391,648 | 183,247 | 147,600 | 67,500 | 50,060 | 0 | 56,700 | |
| Retained Profit | -38,354 | 128,754 | -25,827 | 163,348 | 72,069 | 79,311 | -229,525 | 153,081 | 251,615 | 185,741 | 131,898 | 213,325 | 86,023 | |
| Employee Costs | 1,269,548 | 1,451,396 | 1,254,464 | |||||||||||
| Number Of Employees | 23 | 24 | 19 | 21 | 20 | 18 | 16 | 19 | 23 | |||||
| EBITDA* | 326,861 | 223,561 | 70,604 | 335,424 | 285,840 | 315,437 | 206,110 | 427,394 | 543,583 | 348,541 | 249,224 | 247,408 | 220,957 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 449,980 | 463,618 | 392,358 | 406,798 | 391,824 | 393,439 | 424,640 | 409,289 | 426,611 | 427,351 | 392,459 | 384,429 | 388,189 | 404,893 |
| Intangible Assets | 1,155 | 3,335 | 5,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,404 | 4,404 | 4,404 | 4,404 | 190,722 | 133,282 | 4,404 | 4,404 | 4,404 | 4,404 | 4,404 | 4,404 | 4,404 | 4,404 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 455,539 | 471,357 | 402,277 | 411,202 | 582,546 | 526,721 | 429,044 | 413,693 | 431,015 | 431,755 | 396,863 | 388,833 | 392,593 | 409,297 |
| Stock & work in progress | 7,280 | 16,170 | 16,170 | 16,170 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 759,275 | 328,228 | 424,419 | 212,593 | 380,310 | 505,916 | 494,056 | 332,660 | 422,450 | 558,000 | 433,179 | 341,246 | 213,680 | 241,005 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 356,115 | 189,556 | 217,467 | 224,630 | 208,693 | 167,598 | 120,128 | 126,298 | 95,596 | 49,530 | 71,575 | 36,203 | 57,140 |
| Cash | 727,493 | 993,504 | 790,304 | 637,897 | 426,839 | 372,203 | 376,351 | 438,838 | 1,004,522 | 652,699 | 523,317 | 450,716 | 302,475 | 242,987 |
| misc current assets | 0 | 0 | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,494,048 | 1,694,017 | 1,420,449 | 1,184,127 | 1,031,779 | 1,086,812 | 1,038,005 | 891,626 | 1,553,270 | 1,306,295 | 1,006,026 | 863,537 | 552,358 | 541,132 |
| total assets | 1,949,587 | 2,165,374 | 1,822,726 | 1,595,329 | 1,614,325 | 1,613,533 | 1,467,049 | 1,305,319 | 1,984,285 | 1,738,050 | 1,402,889 | 1,252,370 | 944,951 | 950,429 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,556 | 46,207 | 55,927 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 644,640 | 81,930 | 47,353 | 161,647 | 55,212 | 61,915 | 20,098 | 36,394 | 36,277 | 31,246 | 29,680 | 26,308 | 12,186 | 120,670 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 2,989 | 1,779 | 12,350 | 0 | 10,348 | 0 | 6,857 | 6,857 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 871,962 | 525,487 | 312,444 | 398,791 | 557,470 | 513,297 | 381,017 | 750,181 | 672,200 | 493,923 | 503,525 | 310,060 | 371,942 |
| total current liabilities | 644,640 | 953,892 | 572,840 | 474,091 | 456,992 | 621,164 | 545,745 | 417,411 | 796,806 | 703,446 | 530,460 | 574,246 | 368,453 | 548,539 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,000 | 79,490 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 96 | 10,364 | 8,748 | 9,752 | 10,547 | 12,247 | 12,453 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 96 | 10,364 | 8,748 | 9,752 | 10,547 | 12,247 | 12,453 | 0 | 0 | 36,000 | 79,490 |
| total liabilities | 644,640 | 953,892 | 572,840 | 474,187 | 467,356 | 629,912 | 555,497 | 427,958 | 809,053 | 715,899 | 530,460 | 574,246 | 404,453 | 628,029 |
| net assets | 1,304,947 | 1,211,482 | 1,249,886 | 1,121,142 | 1,146,969 | 983,621 | 911,552 | 877,361 | 1,175,232 | 1,022,151 | 872,429 | 678,124 | 540,498 | 322,400 |
| total shareholders funds | 1,304,947 | 1,211,482 | 1,249,886 | 1,121,142 | 1,146,969 | 983,621 | 911,552 | 877,361 | 1,175,232 | 1,022,151 | 872,429 | 678,124 | 540,498 | 322,400 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 280,784 | 209,121 | 59,373 | 328,486 | 277,489 | 302,367 | 183,911 | 407,854 | 524,194 | 332,890 | 235,698 | 222,205 | 188,654 | |
| Depreciation | 0 | 43,897 | 14,440 | 11,231 | 6,938 | 8,351 | 13,070 | 22,199 | 19,540 | 19,389 | 15,651 | 13,526 | 25,203 | 32,303 |
| Amortisation | 0 | 2,180 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -31,207 | -44,387 | -13,385 | -59,768 | -59,556 | -48,457 | -22,395 | -72,034 | -126,147 | -82,855 | -52,643 | -66,240 | -42,138 | |
| Stock | -8,890 | 0 | 0 | 16,170 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 74,932 | 70,368 | 183,915 | -174,880 | -109,669 | 52,955 | 208,866 | -95,960 | -104,848 | 170,887 | 69,888 | 162,938 | -48,262 | 298,145 |
| Creditors | 562,710 | 34,577 | -114,294 | 106,435 | -6,703 | 41,817 | -16,296 | 117 | 5,031 | 1,566 | 3,372 | 14,122 | -108,484 | 120,670 |
| Accruals and Deferred Income | -871,962 | 346,475 | 213,043 | -86,347 | -158,679 | 44,173 | 132,280 | -369,164 | 77,981 | 178,277 | -9,602 | 193,465 | -61,882 | 371,942 |
| Deferred Taxes & Provisions | 0 | 0 | -96 | -10,268 | 1,616 | -1,004 | -795 | -1,700 | -206 | 12,453 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 606,338 | 93,912 | 225,749 | 221,559 | 258,315 | 173,303 | -91,072 | 543,014 | 438,845 | 189,568 | 241,230 | 59,064 | 373,286 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | -186,318 | 57,440 | 128,878 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,404 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -2,989 | 1,210 | -10,571 | 12,350 | -10,348 | 10,348 | -6,857 | 0 | 6,857 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -36,000 | -43,490 | 79,490 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 69 | 20 | 185 | 41 | 47 | 112 | 607 | 508 | 1,168 | 3,206 | -1,097 | -2,640 | -3,793 | |
| cash flow from financing | 19 | 10 | -2,804 | 1,251 | -10,524 | -32,658 | -78,087 | 10,856 | -107,582 | 11,770 | -24,512 | -41,357 | 312,074 | |
| cash and cash equivalents | ||||||||||||||
| cash | -266,011 | 203,200 | 152,407 | 211,058 | 54,636 | -4,148 | -62,487 | -565,684 | 351,823 | 129,382 | 72,601 | 148,241 | 59,488 | 242,987 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,556 | -8,651 | -9,720 | 55,927 |
| change in cash | -266,011 | 203,200 | 152,407 | 211,058 | 54,636 | -4,148 | -62,487 | -565,684 | 351,823 | 129,382 | 110,157 | 156,892 | 69,208 | 187,060 |
centre for economics and business research limited Credit Report and Business Information
Centre For Economics And Business Research Limited Competitor Analysis
Perform a competitor analysis for centre for economics and business research limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
centre for economics and business research limited Ownership
CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED group structure
Centre For Economics And Business Research Limited has no subsidiary companies.
Ultimate parent company
CENTRE FOR ECONOMICS AND BUSINESS RESEARCH LIMITED
02592404
centre for economics and business research limited directors
Centre For Economics And Business Research Limited currently has 2 directors. The longest serving directors include Ms Nina Skero (Oct 2018) and Mr Owen Good (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nina Skero | 34 years | Oct 2018 | - | Director | |
| Mr Owen Good | England | 28 years | Oct 2023 | - | Director |
P&L
May 2023turnover
3.5m
+30%
operating profit
93k
0%
gross margin
58.4%
+114.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.3m
+0.08%
total assets
1.9m
-0.1%
cash
727.5k
-0.27%
net assets
Total assets minus all liabilities
centre for economics and business research limited company details
company number
02592404
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
March 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2023
previous names
london economics (m.e.s.) limited (November 1992)
qualsign limited (April 1991)
accountant
UHY HACKER YOUNG
auditor
-
address
unit 1, 4 bath street, london, bath street, london, EC1V 9DX
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
centre for economics and business research 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 6 charges/mortgages relating to centre for economics and business research limited. Currently there are 2 open charges and 4 have been satisfied in the past.
centre for economics and business research limited Capital Raised & Share Issues BETA
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centre for economics and business research limited Companies House Filings - See Documents
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