the eastern africa association

the eastern africa association Company Information

Share THE EASTERN AFRICA ASSOCIATION
Live 
MatureMicroDeclining

Company Number

02666005

Industry

Activities of professional membership organisations

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

harlow enterprise hub, kao hockham building, harlow, essex, CM20 2NQ

the eastern africa association Estimated Valuation

£67.9k

Pomanda estimates the enterprise value of THE EASTERN AFRICA ASSOCIATION at £67.9k based on a Turnover of £136.4k and 0.5x industry multiple (adjusted for size and gross margin).

the eastern africa association Estimated Valuation

£0

Pomanda estimates the enterprise value of THE EASTERN AFRICA ASSOCIATION at £0 based on an EBITDA of £-39.8k and a 2.65x industry multiple (adjusted for size and gross margin).

the eastern africa association Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of THE EASTERN AFRICA ASSOCIATION at £1.3m based on Net Assets of £499.6k and 2.66x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

The Eastern Africa Association Overview

The Eastern Africa Association is a live company located in harlow, CM20 2NQ with a Companies House number of 02666005. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in November 1991, it's largest shareholder is unknown. The Eastern Africa Association is a mature, micro sized company, Pomanda has estimated its turnover at £136.4k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

The Eastern Africa Association Health Check

Pomanda's financial health check has awarded The Eastern Africa Association a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £136.4k, make it smaller than the average company (£875.4k)

£136.4k - The Eastern Africa Association

£875.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4.8%)

-9% - The Eastern Africa Association

4.8% - Industry AVG

production

Production

with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)

69.5% - The Eastern Africa Association

69.5% - Industry AVG

profitability

Profitability

an operating margin of -30.7% make it less profitable than the average company (2.2%)

-30.7% - The Eastern Africa Association

2.2% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (13)

6 - The Eastern Africa Association

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.7k, the company has a lower pay structure (£47.6k)

£20.7k - The Eastern Africa Association

£47.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £22.7k, this is less efficient (£111.9k)

£22.7k - The Eastern Africa Association

£111.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Eastern Africa Association

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - The Eastern Africa Association

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Eastern Africa Association

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is less cash available to meet short term requirements (101 weeks)

53 weeks - The Eastern Africa Association

101 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (26.4%)

12.3% - The Eastern Africa Association

26.4% - Industry AVG

THE EASTERN AFRICA ASSOCIATION financials

EXPORTms excel logo

The Eastern Africa Association's latest turnover from December 2023 is £136.4 thousand and the company has net assets of £499.6 thousand. According to their latest financial statements, The Eastern Africa Association has 6 employees and maintains cash reserves of £71.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover136,393133,199137,313183,738207,615218,056224,920238,485235,150250,251250,261235,253199,491243,962251,422
Other Income Or Grants000000000000000
Cost Of Sales41,55236,09335,06354,37466,62270,29270,71774,54980,387105,085112,87487,65277,81099,3370
Gross Profit94,84197,106102,250129,364140,993147,764154,203163,936154,763145,166137,387147,601121,681144,6250
Admin Expenses136,754162,314173,911132,760173,662199,744177,557187,866175,681159,110144,687178,645157,072171,327953
Operating Profit-41,913-65,208-71,661-3,396-32,669-51,980-23,354-23,930-20,918-13,944-7,300-31,044-35,391-26,702-953
Interest Payable000000000000000
Interest Receivable000008,87810,4149,65411,0688,4982782589481,6882,583
Pre-Tax Profit-5,538-118,499-10,64541,33940,623-63,76333,51229,40618,646-8,286376,767-30,786-34,443-25,0143,536
Tax0000000000-46,81900-3,694-5,188
Profit After Tax-5,538-118,499-10,64541,33940,623-63,76333,51229,40618,646-8,286329,948-30,786-34,443-28,708-1,652
Dividends Paid000000000000000
Retained Profit-5,538-118,499-10,64541,33940,623-63,76333,51229,40618,646-8,286329,948-30,786-34,443-28,708-1,652
Employee Costs124,473146,119143,213132,966158,793182,459171,519168,567172,926165,734166,455160,494144,998172,069165,320
Number Of Employees677677777755555
EBITDA*-39,832-61,667-68,884-1,478-31,627-51,390-22,726-18,388-16,845-10,114-3,167-25,118-31,772-23,5852,158

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,5145,9246,8969,6272,6141,4142,0049856,7609,93613,766202,130204,908180,601180,757
Intangible Assets000000000000000
Investments & Other490,764495,655618,170614,639602,176561,315615,706581,117534,338501,11900000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets495,278501,579625,066624,266604,790562,729617,710582,102541,098511,05513,766202,130204,908180,601180,757
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors000000000000000
Misc Debtors2,7883,7585,0926,3284,0175,4825,1363,6142,7643,4222,8502,7264,5671,5282,286
Cash71,78186,54479,36586,00454,75227,58838,66049,47554,31174,531618,00949,33162,487133,560152,461
misc current assets000000000000000
total current assets74,56990,30284,45792,33258,76933,07043,79653,08957,07577,953620,85952,05767,054135,088154,747
total assets569,847591,881709,523716,598663,559595,799661,506635,191598,173589,008634,625254,187271,962315,689335,504
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities70,28486,78085,92382,35370,65343,51645,46052,65745,04554,52691,85741,36728,35637,64028,747
total current liabilities70,28486,78085,92382,35370,65343,51645,46052,65745,04554,52691,85741,36728,35637,64028,747
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities70,28486,78085,92382,35370,65343,51645,46052,65745,04554,52691,85741,36728,35637,64028,747
net assets499,563505,101623,600634,245592,906552,283616,046582,534553,128534,482542,768212,820243,606278,049306,757
total shareholders funds499,563505,101623,600634,245592,906552,283616,046582,534553,128534,482542,768212,820243,606278,049306,757
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-41,913-65,208-71,661-3,396-32,669-51,980-23,354-23,930-20,918-13,944-7,300-31,044-35,391-26,702-953
Depreciation2,0813,5412,7771,9181,0425906285,5424,0733,8304,1335,9263,6193,1173,111
Amortisation000000000000000
Tax0000000000-46,81900-3,694-5,188
Stock000000000000000
Debtors-970-1,334-1,2362,311-1,4653461,522850-658572124-1,8413,039-7582,286
Creditors000000000000000
Accruals and Deferred Income-16,4968573,57011,70027,137-1,944-7,1977,612-9,481-37,33150,49013,011-9,2848,89328,747
Deferred Taxes & Provisions000000000000000
Cash flow from operations-55,358-59,476-64,0787,911-3,025-53,680-31,445-11,626-25,668-48,017380-10,266-44,095-17,62823,431
Investing Activities
capital expenditure-671-2,569-46-8,931-2,2420-1,647233-8970184,231-3,148-27,926-2,961-183,868
Change in Investments-4,891-122,5153,53112,46340,861-54,39134,58946,77933,219501,11900000
cash flow from investments4,220119,946-3,577-21,394-43,10354,391-36,236-46,546-34,116-501,119184,231-3,148-27,926-2,961-183,868
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000308,409
interest000008,87810,4149,65411,0688,4982782589481,6882,583
cash flow from financing000008,87810,4149,65411,0688,4982782589481,688310,992
cash and cash equivalents
cash-14,7637,179-6,63931,25227,164-11,072-10,815-4,836-20,220-543,478568,678-13,156-71,073-18,901152,461
overdraft000000000000000
change in cash-14,7637,179-6,63931,25227,164-11,072-10,815-4,836-20,220-543,478568,678-13,156-71,073-18,901152,461

the eastern africa association 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 the eastern africa association. Get real-time insights into the eastern africa association's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

The Eastern Africa Association Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the eastern africa association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CM20 area or any other competitors across 12 key performance metrics.

the eastern africa association Ownership

THE EASTERN AFRICA ASSOCIATION group structure

The Eastern Africa Association has no subsidiary companies.

Ultimate parent company

THE EASTERN AFRICA ASSOCIATION

02666005

THE EASTERN AFRICA ASSOCIATION Shareholders

--

the eastern africa association directors

The Eastern Africa Association currently has 9 directors. The longest serving directors include Mr David Greene (Mar 2001) and Lord Valentine Cecil (Sep 2003).

officercountryagestartendrole
Mr David Greene68 years Mar 2001- Director
Lord Valentine CecilEngland72 years Sep 2003- Director
Mr Frank Griffiths74 years Apr 2009- Director
Mr Praveen MomanEngland70 years Dec 2014- Director
Sir Henry BellinghamEngland69 years May 2018- Director
Mr Kamal Shah50 years Feb 2019- Director
Ms Agnes GitauEngland48 years Nov 2020- Director
Mr Jeremy Lefroy65 years Dec 2020- Director
Mr William LattaUnited Kingdom57 years Mar 2021- Director

P&L

December 2023

turnover

136.4k

+2%

operating profit

-41.9k

-36%

gross margin

69.6%

-4.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

499.6k

-0.01%

total assets

569.8k

-0.04%

cash

71.8k

-0.17%

net assets

Total assets minus all liabilities

the eastern africa association company details

company number

02666005

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94120 - Activities of professional membership organisations

incorporation date

November 1991

age

33

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

the east africa association (July 1995)

accountant

SENIGUK CONSULTING

auditor

-

address

harlow enterprise hub, kao hockham building, harlow, essex, CM20 2NQ

Bank

-

Legal Advisor

-

the eastern africa association 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 the eastern africa association.

the eastern africa association 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 THE EASTERN AFRICA ASSOCIATION. This can take several minutes, an email will notify you when this has completed.

the eastern africa association Companies House Filings - See Documents

datedescriptionview/download