eurofins e&e etc limited
eurofins e&e etc limited Company Information
Company Number
02655986
Next Accounts
Apr 2025
Shareholders
eurofins product testing uk holding limited
Group Structure
View All
Industry
Technical testing and analysis
Registered Address
12 wellington place, leeds, LS1 4AP
Website
https://www.etcal.co.ukeurofins e&e etc limited Estimated Valuation
Pomanda estimates the enterprise value of EUROFINS E&E ETC LIMITED at £2.4m based on a Turnover of £2m and 1.2x industry multiple (adjusted for size and gross margin).
eurofins e&e etc limited Estimated Valuation
Pomanda estimates the enterprise value of EUROFINS E&E ETC LIMITED at £1.9m based on an EBITDA of £235k and a 8.25x industry multiple (adjusted for size and gross margin).
eurofins e&e etc limited Estimated Valuation
Pomanda estimates the enterprise value of EUROFINS E&E ETC LIMITED at £2m based on Net Assets of £839k and 2.39x industry multiple (adjusted for liquidity).
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Eurofins E&e Etc Limited Overview
Eurofins E&e Etc Limited is a dissolved company that was located in leeds, LS1 4AP with a Companies House number of 02655986. It operated in the technical testing and analysis sector, SIC Code 71200. Founded in October 1991, it's largest shareholder was eurofins product testing uk holding limited with a 100% stake. The last turnover for Eurofins E&e Etc Limited was estimated at £2m.
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Eurofins E&e Etc Limited Health Check
Pomanda's financial health check has awarded Eurofins E&E Etc Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £2m, make it smaller than the average company (£4.6m)
£2m - Eurofins E&e Etc Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3.1%)
15% - Eurofins E&e Etc Limited
3.1% - Industry AVG
Production
with a gross margin of 79.7%, this company has a lower cost of product (46.4%)
79.7% - Eurofins E&e Etc Limited
46.4% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (5.6%)
3.2% - Eurofins E&e Etc Limited
5.6% - Industry AVG
Employees
with 30 employees, this is similar to the industry average (35)
30 - Eurofins E&e Etc Limited
35 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has a lower pay structure (£44.4k)
£29.6k - Eurofins E&e Etc Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £66.1k, this is less efficient (£103.4k)
£66.1k - Eurofins E&e Etc Limited
£103.4k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (57 days)
32 days - Eurofins E&e Etc Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (27 days)
116 days - Eurofins E&e Etc Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eurofins E&e Etc Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Eurofins E&e Etc Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.9%, this is a lower level of debt than the average (58.9%)
24.9% - Eurofins E&e Etc Limited
58.9% - Industry AVG
EUROFINS E&E ETC LIMITED financials
Eurofins E&E Etc Limited's latest turnover from December 2022 is £2 million and the company has net assets of £839 thousand. According to their latest financial statements, Eurofins E&E Etc Limited has 30 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,983,000 | 1,847,000 | 1,633,000 | 1,300,000 | 1,746,000 | 1,735,000 | 1,692,000 | |||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 403,000 | 313,000 | 172,000 | 118,000 | 157,000 | 143,000 | 194,000 | |||||||
| Gross Profit | 1,580,000 | 1,534,000 | 1,461,000 | 1,182,000 | 1,589,000 | 1,592,000 | 1,498,000 | |||||||
| Admin Expenses | 1,517,000 | 1,501,000 | 1,511,000 | 1,288,000 | 1,478,000 | 1,238,000 | 1,220,000 | |||||||
| Operating Profit | 63,000 | 33,000 | -50,000 | -106,000 | 111,000 | 354,000 | 278,000 | |||||||
| Interest Payable | 16,000 | 18,000 | 6,000 | 9,000 | 1,000 | |||||||||
| Interest Receivable | 3,000 | |||||||||||||
| Pre-Tax Profit | 50,000 | 15,000 | -56,000 | -115,000 | 111,000 | 286,000 | 277,000 | |||||||
| Tax | 12,000 | 57,000 | -3,000 | 14,000 | 30,000 | -59,000 | -52,000 | |||||||
| Profit After Tax | 62,000 | 72,000 | -59,000 | -101,000 | 141,000 | 227,000 | 225,000 | |||||||
| Dividends Paid | 72,000 | 82,000 | 75,000 | 104,000 | ||||||||||
| Retained Profit | -10,000 | -10,000 | -59,000 | -101,000 | 141,000 | 152,000 | 121,000 | |||||||
| Employee Costs | 888,000 | 942,000 | 858,000 | 643,000 | 811,000 | 764,000 | 801,000 | |||||||
| Number Of Employees | 30 | 32 | 32 | 34 | 32 | 32 | 33 | |||||||
| EBITDA* | 235,000 | 232,000 | 120,000 | 38,000 | 227,000 | 490,000 | 399,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 711,000 | 317,000 | 393,000 | 584,000 | 466,000 | 414,000 | 637,000 | 462,976 | 436,986 | 457,445 | 466,548 | 316,877 | 149,753 | 122,936 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 208,000 | 208,064 | 208,064 | 208,064 | 208,064 | 208,064 | 208,064 | 208,064 | ||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 711,000 | 317,000 | 393,000 | 584,000 | 466,000 | 414,000 | 637,000 | 671,040 | 645,050 | 665,509 | 674,612 | 524,941 | 357,817 | 331,000 |
| Stock & work in progress | 1,000 | 1,000 | 1,252 | 7,826 | 2,025 | 1,025 | 1,230 | 2,680 | 4,045 | |||||
| Trade Debtors | 178,000 | 206,000 | 224,000 | 173,000 | 187,000 | 286,000 | 199,000 | 225,631 | 159,140 | 179,048 | 159,481 | 126,446 | 122,401 | 100,094 |
| Group Debtors | 67,000 | 495,000 | 500,000 | 250,000 | 259,000 | |||||||||
| Misc Debtors | 161,000 | 184,000 | 87,000 | 48,000 | 82,000 | 20,000 | 9,000 | |||||||
| Cash | 100,000 | 154,000 | 217,000 | 330,000 | 453,000 | 352,000 | 234,600 | 162,611 | 190,001 | 149,136 | 270,106 | 256,240 | 145,587 | |
| misc current assets | ||||||||||||||
| total current assets | 406,000 | 985,000 | 965,000 | 688,000 | 858,000 | 760,000 | 561,000 | 461,483 | 329,577 | 371,074 | 309,642 | 397,782 | 381,321 | 249,726 |
| total assets | 1,117,000 | 1,302,000 | 1,358,000 | 1,272,000 | 1,324,000 | 1,174,000 | 1,198,000 | 1,132,523 | 974,627 | 1,036,583 | 984,254 | 922,723 | 739,138 | 580,726 |
| Bank overdraft | 1,000 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 129,000 | 40,000 | 92,000 | 40,000 | 57,000 | 51,000 | 71,000 | 225,704 | 155,364 | 203,035 | 274,201 | 227,445 | 181,884 | 120,078 |
| Group/Directors Accounts | 6,000 | 82,000 | 30,000 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 36,000 | 85,000 | 22,000 | 54,000 | 2,000 | 8,000 | ||||||||
| other current liabilities | 106,000 | 194,000 | 181,000 | 83,000 | 142,000 | 170,000 | 112,000 | |||||||
| total current liabilities | 278,000 | 401,000 | 295,000 | 177,000 | 229,000 | 223,000 | 191,000 | 225,704 | 155,364 | 203,035 | 274,201 | 227,445 | 181,884 | 120,078 |
| loans | 321,000 | |||||||||||||
| hp & lease commitments | 124,000 | 106,000 | ||||||||||||
| Accruals and Deferred Income | 62,500 | 75,000 | 87,500 | 100,000 | ||||||||||
| other liabilities | 198,574 | 153,485 | 162,987 | 149,756 | 195,129 | 224,815 | 265,990 | |||||||
| provisions | 31,000 | 29,000 | 43,000 | 80,000 | 134,000 | 69,813 | 56,655 | 51,768 | 22,584 | 27,830 | 14,161 | 5,405 | ||
| total long term liabilities | 155,000 | 135,000 | 43,000 | 40,000 | 248,000 | 268,387 | 272,640 | 289,755 | 259,840 | 322,959 | 238,976 | 271,395 | ||
| total liabilities | 278,000 | 401,000 | 450,000 | 312,000 | 272,000 | 263,000 | 439,000 | 494,091 | 428,004 | 492,790 | 534,041 | 550,404 | 420,860 | 391,473 |
| net assets | 839,000 | 901,000 | 908,000 | 960,000 | 1,052,000 | 911,000 | 759,000 | 638,432 | 546,623 | 543,793 | 450,213 | 372,319 | 318,278 | 189,253 |
| total shareholders funds | 839,000 | 901,000 | 908,000 | 960,000 | 1,052,000 | 911,000 | 759,000 | 638,432 | 546,623 | 543,793 | 450,213 | 372,319 | 318,278 | 189,253 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 63,000 | 33,000 | -50,000 | -106,000 | 111,000 | 354,000 | 278,000 | |||||||
| Depreciation | 172,000 | 199,000 | 170,000 | 144,000 | 116,000 | 136,000 | 121,000 | 85,751 | 135,315 | 115,932 | 105,524 | 86,685 | 74,055 | 82,934 |
| Amortisation | ||||||||||||||
| Tax | 12,000 | 57,000 | -3,000 | 14,000 | 30,000 | -59,000 | -52,000 | |||||||
| Stock | -1,000 | -1,000 | -252 | -6,574 | 5,801 | 1,000 | -205 | -1,450 | -1,365 | 4,045 | ||||
| Debtors | -479,000 | 74,000 | 340,000 | 165,000 | 222,000 | 98,000 | -17,631 | 66,491 | -19,908 | 19,567 | 33,035 | 4,045 | 22,307 | 100,094 |
| Creditors | 89,000 | -52,000 | 52,000 | -11,000 | 6,000 | -20,000 | -154,704 | 70,340 | -47,671 | -71,166 | 46,756 | 45,561 | 61,806 | 120,078 |
| Accruals and Deferred Income | -88,000 | 13,000 | 98,000 | -87,000 | -28,000 | 58,000 | 112,000 | -62,500 | -12,500 | -12,500 | -12,500 | 100,000 | ||
| Deferred Taxes & Provisions | -31,000 | 2,000 | -51,000 | -37,000 | -54,000 | 64,187 | 13,158 | 4,887 | 29,184 | -5,246 | 13,669 | 8,756 | 5,405 | |
| Cash flow from operations | 727,000 | 145,000 | -71,000 | -261,000 | -23,000 | 317,000 | 386,366 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -208,000 | -64 | 208,064 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -76,000 | 82,000 | 30,000 | |||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -321,000 | 321,000 | ||||||||||||
| Hire Purchase and Lease Commitments | -49,000 | -61,000 | -14,000 | 158,000 | -2,000 | -6,000 | 8,000 | |||||||
| other long term liabilities | -198,574 | 45,089 | -9,502 | 13,231 | -45,373 | -29,686 | -41,175 | 265,990 | ||||||
| share issue | ||||||||||||||
| interest | -13,000 | -18,000 | -6,000 | -9,000 | -1,000 | |||||||||
| cash flow from financing | -190,000 | 6,000 | -13,000 | 299,000 | 28,000 | -327,000 | 128,994 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -100,000 | -54,000 | -63,000 | -236,000 | -123,000 | 101,000 | 117,400 | 71,989 | -27,390 | 40,865 | -120,970 | 13,866 | 110,653 | 145,587 |
| overdraft | 1,000 | |||||||||||||
| change in cash | -101,000 | -54,000 | -63,000 | -236,000 | -123,000 | 101,000 | 117,400 | 71,989 | -27,390 | 40,865 | -120,970 | 13,866 | 110,653 | 145,587 |
eurofins e&e etc limited Credit Report and Business Information
Eurofins E&e Etc Limited Competitor Analysis
Perform a competitor analysis for eurofins e&e etc limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in LS1 area or any other competitors across 12 key performance metrics.
eurofins e&e etc limited Ownership
EUROFINS E&E ETC LIMITED group structure
Eurofins E&E Etc Limited has no subsidiary companies.
Ultimate parent company
EUROFINS SCIENTIFIC SE
#0061455
2 parents
EUROFINS E&E ETC LIMITED
02655986
eurofins e&e etc limited directors
Eurofins E&E Etc Limited currently has 2 directors. The longest serving directors include Mr Nicholas Wainwright (Feb 2018) and Ms Rebecca Scott (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Wainwright | 60 years | Feb 2018 | - | Director | |
| Ms Rebecca Scott | 41 years | Feb 2018 | - | Director |
P&L
December 2022turnover
2m
+7%
operating profit
63k
+91%
gross margin
79.7%
-4.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
839k
-0.07%
total assets
1.1m
-0.14%
cash
0
-1%
net assets
Total assets minus all liabilities
eurofins e&e etc limited company details
company number
02655986
Type
Private limited with Share Capital
industry
71200 - Technical testing and analysis
incorporation date
October 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
electronic test & calibration limited (August 2018)
hamanext limited (January 1992)
accountant
-
auditor
MAZARS LLP
address
12 wellington place, leeds, LS1 4AP
Bank
HSBC BANK PLC
Legal Advisor
-
eurofins e&e etc 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 did not find charges/mortgages relating to eurofins e&e etc limited.
eurofins e&e etc 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.
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eurofins e&e etc limited Companies House Filings - See Documents
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