manx collections limited
manx collections limited Company Information
Company Number
02615535
Next Accounts
Sep 2025
Shareholders
manx ventures limited
Group Structure
View All
Industry
Financial leasing
Registered Address
fourth floor east, matrix house, basing view, basingstoke, hampshire, RG21 4FF
Website
www.ecfgroup.co.ukmanx collections limited Estimated Valuation
Pomanda estimates the enterprise value of MANX COLLECTIONS LIMITED at £5.1m based on a Turnover of £3.4m and 1.51x industry multiple (adjusted for size and gross margin).
manx collections limited Estimated Valuation
Pomanda estimates the enterprise value of MANX COLLECTIONS LIMITED at £378.8k based on an EBITDA of £63.5k and a 5.96x industry multiple (adjusted for size and gross margin).
manx collections limited Estimated Valuation
Pomanda estimates the enterprise value of MANX COLLECTIONS LIMITED at £202.3k based on Net Assets of £101.3k and 2x industry multiple (adjusted for liquidity).
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Manx Collections Limited Overview
Manx Collections Limited is a live company located in basingstoke, RG21 4FF with a Companies House number of 02615535. It operates in the financial leasing sector, SIC Code 64910. Founded in May 1991, it's largest shareholder is manx ventures limited with a 100% stake. Manx Collections Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with unknown growth in recent years.
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Manx Collections Limited Health Check
Pomanda's financial health check has awarded Manx Collections Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £3.4m, make it in line with the average company (£2.9m)
- Manx Collections Limited
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Manx Collections Limited
- - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)
- Manx Collections Limited
49.5% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (39%)
- Manx Collections Limited
39% - Industry AVG
Employees
with 10 employees, this is above the industry average (8)
10 - Manx Collections Limited
8 - Industry AVG
Pay Structure
on an average salary of £69.9k, the company has an equivalent pay structure (£69.9k)
- Manx Collections Limited
£69.9k - Industry AVG
Efficiency
resulting in sales per employee of £339.9k, this is less efficient (£546.5k)
- Manx Collections Limited
£546.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Manx Collections Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Manx Collections Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Manx Collections Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Manx Collections Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.1%, this is a similar level of debt than the average (96.3%)
91.1% - Manx Collections Limited
96.3% - Industry AVG
MANX COLLECTIONS LIMITED financials
Manx Collections Limited's latest turnover from December 2023 is estimated at £3.4 million and the company has net assets of £101.3 thousand. According to their latest financial statements, Manx Collections Limited has 10 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 595,855 | 30,000 | 96,915 | 474,331 | 837,594 | 1,846,950 | 3,242,827 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,654 | 24,114 | 73,744 | 322,701 | |||||||||||
| Gross Profit | 595,855 | 30,000 | -2,654 | 72,801 | 474,331 | 837,594 | 1,773,206 | 2,920,126 | |||||||
| Admin Expenses | 547,276 | 103 | 1,053 | 3,848 | 1,890 | -14,746 | 28,606 | 15,243 | 64,596 | 465,416 | 719,528 | 1,894,295 | 5,279,793 | ||
| Operating Profit | 48,579 | -103 | -1,053 | -3,848 | -1,890 | 14,746 | 1,394 | -17,897 | 8,205 | 8,915 | 118,066 | -121,089 | -2,359,667 | ||
| Interest Payable | 11 | 15 | 14 | 55 | 118 | 324 | 971 | 964,017 | 1,296,414 | ||||||
| Interest Receivable | 4,245,078 | 8,490 | |||||||||||||
| Pre-Tax Profit | 48,579 | -103 | -1,053 | -3,859 | -1,905 | 14,732 | 1,339 | 26,352 | 8,205 | 2,235 | 75,324 | 1,765,222 | -3,649,621 | ||
| Tax | -38,513 | -3,011 | -7,199 | 34,019 | 14,705 | -196,490 | |||||||||
| Profit After Tax | 48,579 | -103 | -1,053 | -3,859 | -1,905 | -23,781 | -1,672 | 19,153 | 42,224 | 16,940 | 75,324 | 1,765,222 | -3,846,111 | ||
| Dividends Paid | 15,000 | ||||||||||||||
| Retained Profit | 48,579 | -103 | -1,053 | -3,859 | -1,905 | -23,781 | -1,672 | 19,153 | 42,224 | 16,940 | 75,324 | 1,765,222 | -3,861,111 | ||
| Employee Costs | 378,421 | 48,839 | 95,405 | 368,311 | 854,265 | 848,212 | |||||||||
| Number Of Employees | 10 | 9 | 3 | 3 | 10 | 17 | 19 | ||||||||
| EBITDA* | 49,667 | -103 | -1,053 | -3,848 | -1,890 | 14,746 | 1,394 | -16,294 | 13,768 | 46,794 | 156,202 | -53,849 | -2,300,237 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 799 | 1,603 | 7,166 | 23,095 | 63,753 | 128,425 | |||||||||
| Intangible Assets | 2,462 | 3,913 | |||||||||||||
| Investments & Other | 103 | 103 | 103 | 103 | 103 | 38,616 | 41,627 | 100 | 100 | 100 | 100 | 100 | |||
| Debtors (Due After 1 year) | 10,260,230 | ||||||||||||||
| Total Fixed Assets | 3,261 | 3,913 | 103 | 103 | 103 | 103 | 103 | 38,616 | 41,627 | 1,703 | 7,266 | 23,195 | 63,853 | 10,388,755 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,287 | 122 | 6,945,162 | ||||||||||||
| Group Debtors | 1,131,456 | 714,231 | 6,311 | 6,311 | 4,300 | ||||||||||
| Misc Debtors | 592 | 499 | 2,252 | 2,247 | 1,577 | 16,611 | 83,910 | 58,618 | 50,970 | 62,035 | 247,677 | ||||
| Cash | 3,557 | 6,746 | 16,015 | 17,486 | 18,740 | 1,888 | 34 | 6,619 | 984,300 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 1,135,013 | 714,231 | 6,311 | 6,311 | 7,338 | 16,514 | 19,738 | 20,987 | 3,465 | 20,911 | 83,910 | 59,905 | 51,004 | 68,776 | 8,177,139 |
| total assets | 1,138,274 | 718,144 | 6,311 | 6,414 | 7,441 | 16,617 | 19,841 | 21,090 | 42,081 | 62,538 | 85,613 | 67,171 | 74,199 | 132,629 | 18,565,894 |
| Bank overdraft | 200 | 2,100,647 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 267 | 3,367 | 267 | 5,517 | 11,621 | 16,883 | 34,883 | ||||||||
| Group/Directors Accounts | 1,012,121 | 569,512 | 8,637 | 8,002 | 7,346 | 96 | 103 | 8,330 | 66,784 | 80,766 | 5,862 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,078 | 3,257 | 6,825 | 15,037 | |||||||||||
| other current liabilities | 24,626 | 90,642 | 267 | 610 | 96 | 96 | 96 | 4,556 | 23,334 | 57,335 | 15,868 | 17,771 | 213,944 | 582,336 | |
| total current liabilities | 1,037,014 | 663,521 | 267 | 267 | 610 | 8,733 | 8,098 | 7,442 | 4,652 | 23,437 | 65,665 | 89,447 | 113,415 | 243,514 | 2,732,903 |
| loans | 17,702,959 | ||||||||||||||
| hp & lease commitments | 3,655 | 9,794 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 3,655 | 17,712,753 | |||||||||||||
| total liabilities | 1,037,014 | 663,521 | 267 | 267 | 610 | 8,733 | 8,098 | 7,442 | 4,652 | 23,437 | 65,665 | 89,447 | 113,415 | 247,169 | 20,445,656 |
| net assets | 101,260 | 54,623 | 6,044 | 6,147 | 6,831 | 7,884 | 11,743 | 13,648 | 37,429 | 39,101 | 19,948 | -22,276 | -39,216 | -114,540 | -1,879,762 |
| total shareholders funds | 101,260 | 54,623 | 6,044 | 6,147 | 6,831 | 7,884 | 11,743 | 13,648 | 37,429 | 39,101 | 19,948 | -22,276 | -39,216 | -114,540 | -1,879,762 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 48,579 | -103 | -1,053 | -3,848 | -1,890 | 14,746 | 1,394 | -17,897 | 8,205 | 8,915 | 118,066 | -121,089 | -2,359,667 | ||
| Depreciation | 1,603 | 5,563 | 37,879 | 38,136 | 67,240 | 2,030 | |||||||||
| Amortisation | 1,450 | 1,088 | 57,400 | ||||||||||||
| Tax | -38,513 | -3,011 | -7,199 | 34,019 | 14,705 | -196,490 | |||||||||
| Stock | |||||||||||||||
| Debtors | 417,225 | 707,920 | 5,719 | 93 | -1,753 | 5 | 670 | -19,334 | -62,999 | 24,005 | 8,935 | -11,187 | -17,390,912 | 17,453,069 | |
| Creditors | -3,100 | 3,100 | 267 | -5,517 | -6,104 | -5,262 | -18,000 | 34,883 | |||||||
| Accruals and Deferred Income | -66,016 | 90,642 | -267 | -343 | 514 | -4,460 | -18,778 | -34,001 | 41,467 | -1,903 | -196,173 | -368,392 | 582,336 | ||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -564,511 | -103 | -632 | -2,095 | -1,895 | -28,897 | -1,061 | 5,505 | 59,732 | 44,557 | -34,046 | 16,950,671 | -19,332,577 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -103 | -38,513 | -3,011 | 41,527 | 100 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 442,609 | 569,512 | -8,637 | 635 | 656 | 7,250 | -7 | -8,227 | -58,454 | -13,982 | 74,904 | 5,862 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -17,702,959 | 17,702,959 | |||||||||||||
| Hire Purchase and Lease Commitments | -1,078 | -2,179 | -7,223 | -14,351 | 24,831 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -11 | -15 | -14 | -55 | -118 | -324 | -971 | 3,281,061 | -1,287,924 | ||||||
| cash flow from financing | 569,512 | -8,637 | 624 | 641 | 7,236 | -62 | -8,345 | -59,532 | -16,485 | 66,710 | -14,430,387 | 18,421,215 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 3,557 | -6,746 | -9,269 | -1,471 | -1,254 | 16,852 | 1,888 | -34 | -6,585 | -977,681 | 984,300 | ||||
| overdraft | -200 | 200 | -2,100,647 | 2,100,647 | |||||||||||
| change in cash | 3,557 | -6,746 | -9,269 | -1,471 | -1,254 | 16,852 | 1,888 | 200 | -234 | -6,585 | 1,122,966 | -1,116,347 |
manx collections limited Credit Report and Business Information
Manx Collections Limited Competitor Analysis
Perform a competitor analysis for manx collections limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in RG21 area or any other competitors across 12 key performance metrics.
manx collections limited Ownership
MANX COLLECTIONS LIMITED group structure
Manx Collections Limited has 4 subsidiary companies.
Ultimate parent company
MANX FINANCIAL GROUP PLC
#0060692
MANX VENTURES LTD
#0142843
2 parents
MANX COLLECTIONS LIMITED
02615535
4 subsidiaries
manx collections limited directors
Manx Collections Limited currently has 3 directors. The longest serving directors include Mr Denham Eke (Nov 2010) and Mr James Smeed (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Denham Eke | Isle Of Man | 73 years | Nov 2010 | - | Director |
| Mr James Smeed | Isle Of Man | 40 years | Feb 2024 | - | Director |
| Mr Dwayne Roberts | England | 29 years | Dec 2024 | - | Director |
P&L
December 2023turnover
3.4m
+470%
operating profit
62.1k
0%
gross margin
49.5%
-50.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
101.3k
+0.85%
total assets
1.1m
+0.59%
cash
3.6k
0%
net assets
Total assets minus all liabilities
manx collections limited company details
company number
02615535
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
May 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
ecf asset finance limited (June 2021)
ecf asset finance plc (July 2020)
See moreaccountant
KPMG AUDIT LLC
auditor
-
address
fourth floor east, matrix house, basing view, basingstoke, hampshire, RG21 4FF
Bank
BANK OF SCOTLAND
Legal Advisor
-
manx collections 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 8 charges/mortgages relating to manx collections limited. Currently there are 0 open charges and 8 have been satisfied in the past.
manx collections 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 MANX COLLECTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
manx collections limited Companies House Filings - See Documents
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