ecobat battery uk ltd
ecobat battery uk ltd Company Information
Company Number
02906519
Next Accounts
Sep 2025
Shareholders
hje ltd
Group Structure
View All
Industry
Wholesale trade of motor vehicle parts and accessories
Registered Address
36a vanguard way, battlefield enterprise park, shrewsbury, SY1 3TG
Website
www.manbat.co.ukecobat battery uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOBAT BATTERY UK LTD at £31.1m based on a Turnover of £80.9m and 0.38x industry multiple (adjusted for size and gross margin).
ecobat battery uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOBAT BATTERY UK LTD at £10.6m based on an EBITDA of £2.1m and a 5.02x industry multiple (adjusted for size and gross margin).
ecobat battery uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOBAT BATTERY UK LTD at £67.1m based on Net Assets of £28.3m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ecobat Battery Uk Ltd Overview
Ecobat Battery Uk Ltd is a live company located in shrewsbury, SY1 3TG with a Companies House number of 02906519. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in March 1994, it's largest shareholder is hje ltd with a 100% stake. Ecobat Battery Uk Ltd is a mature, large sized company, Pomanda has estimated its turnover at £80.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ecobat Battery Uk Ltd Health Check
Pomanda's financial health check has awarded Ecobat Battery Uk Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £80.9m, make it larger than the average company (£16.7m)
£80.9m - Ecobat Battery Uk Ltd
£16.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9.3%)
7% - Ecobat Battery Uk Ltd
9.3% - Industry AVG
Production
with a gross margin of 8.9%, this company has a higher cost of product (28.7%)
8.9% - Ecobat Battery Uk Ltd
28.7% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.3%)
0.6% - Ecobat Battery Uk Ltd
5.3% - Industry AVG
Employees
with 220 employees, this is above the industry average (52)
220 - Ecobat Battery Uk Ltd
52 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£37.8k)
£38.7k - Ecobat Battery Uk Ltd
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £367.5k, this is more efficient (£285.2k)
£367.5k - Ecobat Battery Uk Ltd
£285.2k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (50 days)
64 days - Ecobat Battery Uk Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (38 days)
52 days - Ecobat Battery Uk Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 98 days, this is in line with average (101 days)
98 days - Ecobat Battery Uk Ltd
101 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Ecobat Battery Uk Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a similar level of debt than the average (50%)
47.6% - Ecobat Battery Uk Ltd
50% - Industry AVG
ECOBAT BATTERY UK LTD financials
Ecobat Battery Uk Ltd's latest turnover from December 2023 is £80.9 million and the company has net assets of £28.3 million. According to their latest financial statements, Ecobat Battery Uk Ltd has 220 employees and maintains cash reserves of £1.5 million 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 80,860,000 | 76,048,000 | 75,318,000 | 65,439,000 | 51,559,000 | 55,315,000 | 57,037,000 | 51,184,000 | 49,894,000 | 48,321,000 | 45,815,000 | 42,254,000 | 24,545,000 | 36,770,201 | 35,572,147 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 73,633,000 | 68,683,000 | 65,127,000 | 58,954,000 | 47,021,000 | 51,068,000 | 50,797,000 | 45,996,000 | 44,606,000 | 43,239,000 | 41,124,000 | 37,599,000 | 22,275,000 | 32,586,706 | 32,306,561 |
| Gross Profit | 7,227,000 | 7,365,000 | 10,191,000 | 6,485,000 | 4,538,000 | 4,247,000 | 6,240,000 | 5,188,000 | 5,288,000 | 5,082,000 | 4,691,000 | 4,655,000 | 2,270,000 | 4,183,495 | 3,265,586 |
| Admin Expenses | 6,759,000 | 5,197,000 | 5,586,000 | 4,831,000 | 3,327,000 | 3,076,000 | 3,577,000 | 2,555,000 | 2,284,000 | 2,012,000 | 1,702,000 | 1,694,000 | 1,030,000 | 1,303,748 | 1,204,170 |
| Operating Profit | 468,000 | 2,168,000 | 4,605,000 | 1,654,000 | 1,211,000 | 1,171,000 | 2,663,000 | 2,633,000 | 3,004,000 | 3,070,000 | 2,989,000 | 2,961,000 | 1,240,000 | 2,879,747 | 2,061,416 |
| Interest Payable | 488,000 | 316,000 | 549,000 | 660,000 | 644,000 | 397,000 | 357,000 | 132,000 | 220,000 | 131,000 | 120,000 | 129,000 | 82,000 | 109,512 | 199,352 |
| Interest Receivable | 174,000 | 256,000 | 85,000 | 32,000 | 3,000 | 2,000 | 10,000 | 2,000 | 1,525,000 | 822 | 638 | ||||
| Pre-Tax Profit | 154,000 | 2,108,000 | 4,141,000 | 1,661,000 | 275,000 | 774,000 | 3,338,000 | 2,807,000 | 2,786,000 | 2,939,000 | 2,879,000 | 2,834,000 | 1,158,000 | 2,771,057 | 1,862,702 |
| Tax | 75,000 | 772,000 | -856,000 | -30,000 | -576,000 | -311,000 | -397,000 | -101,000 | 107,000 | 67,000 | 42,000 | -114,000 | 183,000 | -189,091 | -111,377 |
| Profit After Tax | 229,000 | 2,880,000 | 3,285,000 | 1,631,000 | -301,000 | 463,000 | 2,941,000 | 2,706,000 | 2,893,000 | 3,006,000 | 2,921,000 | 2,720,000 | 1,341,000 | 2,581,966 | 1,751,325 |
| Dividends Paid | 1,150,000 | 1,500,000 | 1,500,000 | 750,000 | |||||||||||
| Retained Profit | 229,000 | 2,880,000 | 3,285,000 | 1,631,000 | -301,000 | 463,000 | 2,941,000 | 2,706,000 | 1,743,000 | 1,506,000 | 1,421,000 | 1,970,000 | 1,341,000 | 2,581,966 | 1,751,325 |
| Employee Costs | 8,518,000 | 7,794,000 | 7,680,000 | 6,759,000 | 6,360,000 | 6,085,000 | 5,927,000 | 5,837,000 | 5,581,000 | 4,494,000 | 4,416,000 | 4,363,000 | 2,348,000 | 3,106,833 | 2,967,498 |
| Number Of Employees | 220 | 220 | 215 | 195 | 178 | 179 | 181 | 188 | 180 | 150 | 150 | 151 | 118 | 110 | 113 |
| EBITDA* | 2,108,000 | 3,672,000 | 6,249,000 | 3,436,000 | 1,894,000 | 1,774,000 | 3,305,000 | 3,303,000 | 3,696,000 | 3,466,000 | 3,523,000 | 3,675,000 | 1,282,000 | 2,879,747 | 2,061,416 |
* 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,083,000 | 2,275,000 | 6,168,000 | 5,463,000 | 5,506,000 | 2,298,000 | 3,526,000 | 3,620,000 | 3,710,000 | 3,686,000 | 3,763,000 | 3,988,000 | 4,359,000 | 1,345,285 | |
| Intangible Assets | 5,144,000 | 5,576,000 | 2,606,000 | 3,187,000 | 2,892,000 | 1,528,000 | 1,740,000 | 1,955,000 | 2,183,000 | 2,351,000 | 864,000 | 972,000 | 1,064,000 | ||
| Investments & Other | 332,000 | 332,000 | 332,000 | 332,000 | 5,139,000 | 8,725,000 | 8,725,000 | 3,918,000 | 323,000 | 323,000 | 11,000 | 11,000 | 10,000 | ||
| Debtors (Due After 1 year) | 3,474,000 | 3,516,000 | 1,567,000 | 971,000 | 1,030,000 | 1,090,000 | 956,000 | 810,000 | 248,000 | 197,000 | |||||
| Total Fixed Assets | 11,033,000 | 11,699,000 | 10,673,000 | 9,953,000 | 14,567,000 | 13,641,000 | 14,947,000 | 10,303,000 | 6,464,000 | 6,557,000 | 4,638,000 | 4,971,000 | 5,433,000 | 1,345,285 | |
| Stock & work in progress | 19,929,000 | 20,202,000 | 21,077,000 | 13,694,000 | 15,211,000 | 15,221,000 | 12,888,000 | 11,355,000 | 9,933,000 | 10,307,000 | 9,780,000 | 8,246,000 | 7,392,000 | 6,345,750 | 6,157,886 |
| Trade Debtors | 14,344,000 | 16,643,000 | 12,305,000 | 12,273,000 | 11,700,000 | 10,472,000 | 12,073,000 | 11,599,000 | 9,928,000 | 11,671,000 | 10,214,000 | 9,294,000 | 9,062,000 | 7,407,627 | 9,281,880 |
| Group Debtors | 5,627,000 | 323,000 | 855,000 | 14,768,000 | 4,247,000 | 4,992,000 | 5,389,000 | 2,023,000 | 4,952,000 | 3,026,000 | 1,071,000 | 3,982,000 | 756,000 | 4,043,848 | 3,366,641 |
| Misc Debtors | 1,453,000 | 800,000 | 1,835,000 | 1,772,000 | 283,000 | 500,000 | 252,000 | 218,000 | 325,000 | 140,000 | 264,000 | 270,000 | 311,000 | 629,244 | 710,470 |
| Cash | 1,482,000 | 1,506,000 | 401,000 | 2,973,000 | 1,093,000 | 521,000 | 1,422,000 | 851,000 | 1,623,000 | 2,850,000 | 443,000 | 69,000 | 1,189,000 | 19,818 | 366,468 |
| misc current assets | |||||||||||||||
| total current assets | 42,835,000 | 39,474,000 | 36,473,000 | 45,480,000 | 32,534,000 | 31,706,000 | 32,024,000 | 26,046,000 | 26,761,000 | 27,994,000 | 21,772,000 | 21,861,000 | 18,710,000 | 18,446,287 | 19,883,345 |
| total assets | 53,868,000 | 51,173,000 | 47,146,000 | 55,433,000 | 47,101,000 | 45,347,000 | 46,971,000 | 36,349,000 | 33,225,000 | 34,551,000 | 26,410,000 | 26,832,000 | 24,143,000 | 19,791,572 | 19,883,345 |
| Bank overdraft | 7,000,000 | 3,000,000 | 7,500,000 | 377,375 | 1,093,030 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 10,681,000 | 12,262,000 | 12,072,000 | 13,656,000 | 8,633,000 | 9,877,000 | 12,920,000 | 12,846,000 | 8,977,000 | 11,972,000 | 8,940,000 | 10,869,000 | 6,875,000 | 7,243,393 | 9,351,889 |
| Group/Directors Accounts | 1,760,000 | 1,568,000 | 2,015,000 | 974,000 | 687,000 | 1,366,000 | 976,000 | 820,000 | 661,000 | 728,000 | 352,000 | 256,000 | 8,150,000 | 4,936,007 | 4,741,389 |
| other short term finances | 27,000 | 50,000 | |||||||||||||
| hp & lease commitments | 518,000 | 452,000 | 386,000 | 708,000 | 76,000 | ||||||||||
| other current liabilities | 9,730,000 | 5,404,000 | 2,847,000 | 3,666,000 | 2,456,000 | 2,035,000 | 1,794,000 | 1,523,000 | 776,000 | 766,000 | 650,000 | 660,000 | 919,000 | 529,850 | 537,497 |
| total current liabilities | 22,198,000 | 19,802,000 | 17,386,000 | 25,682,000 | 12,484,000 | 13,278,000 | 15,690,000 | 18,189,000 | 17,914,000 | 13,466,000 | 9,942,000 | 11,785,000 | 16,020,000 | 13,086,625 | 15,723,805 |
| loans | 3,160,000 | 10,160,000 | 10,160,000 | 10,160,000 | 7,500,000 | 5,000,000 | 5,000,000 | ||||||||
| hp & lease commitments | 3,235,000 | 3,166,000 | 3,481,000 | 3,118,000 | 2,881,000 | 58,000 | |||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 180,000 | 179,000 | 1,133,000 | 1,612,000 | 1,346,000 | 1,266,000 | 941,000 | 921,000 | 778,000 | 795,000 | 187,000 | 187,000 | 175,000 | 156,000 | 192,559 |
| total long term liabilities | 3,415,000 | 3,345,000 | 4,614,000 | 7,890,000 | 14,387,000 | 11,426,000 | 11,101,000 | 921,000 | 778,000 | 8,295,000 | 5,187,000 | 5,187,000 | 233,000 | 156,000 | 192,559 |
| total liabilities | 25,613,000 | 23,147,000 | 22,000,000 | 33,572,000 | 26,871,000 | 24,704,000 | 26,791,000 | 19,110,000 | 18,692,000 | 21,761,000 | 15,129,000 | 16,972,000 | 16,253,000 | 13,242,625 | 15,916,364 |
| net assets | 28,255,000 | 28,026,000 | 25,146,000 | 21,861,000 | 20,230,000 | 20,643,000 | 20,180,000 | 17,239,000 | 14,533,000 | 12,790,000 | 11,281,000 | 9,860,000 | 7,890,000 | 6,548,947 | 3,966,981 |
| total shareholders funds | 28,255,000 | 28,026,000 | 25,146,000 | 21,861,000 | 20,230,000 | 20,643,000 | 20,180,000 | 17,239,000 | 14,533,000 | 12,790,000 | 11,281,000 | 9,860,000 | 7,890,000 | 6,548,947 | 3,966,981 |
| 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 468,000 | 2,168,000 | 4,605,000 | 1,654,000 | 1,211,000 | 1,171,000 | 2,663,000 | 2,633,000 | 3,004,000 | 3,070,000 | 2,989,000 | 2,961,000 | 1,240,000 | 2,879,747 | 2,061,416 |
| Depreciation | 388,000 | 413,000 | 972,000 | 935,000 | 479,000 | 391,000 | 427,000 | 442,000 | 467,000 | 379,000 | 426,000 | 622,000 | 42,000 | ||
| Amortisation | 1,252,000 | 1,091,000 | 672,000 | 847,000 | 204,000 | 212,000 | 215,000 | 228,000 | 225,000 | 17,000 | 108,000 | 92,000 | |||
| Tax | 75,000 | 772,000 | -856,000 | -30,000 | -576,000 | -311,000 | -397,000 | -101,000 | 107,000 | 67,000 | 42,000 | -114,000 | 183,000 | -189,091 | -111,377 |
| Stock | -273,000 | -875,000 | 7,383,000 | -1,517,000 | -10,000 | 2,333,000 | 1,533,000 | 1,422,000 | -374,000 | 527,000 | 1,534,000 | 854,000 | 1,234,114 | 187,864 | 6,157,886 |
| Debtors | 3,616,000 | 4,720,000 | -13,222,000 | 12,524,000 | 206,000 | -1,616,000 | 4,020,000 | -803,000 | 419,000 | 3,485,000 | -1,997,000 | 3,417,000 | -3,229,991 | -1,278,272 | 13,358,991 |
| Creditors | -1,581,000 | 190,000 | -1,584,000 | 5,023,000 | -1,244,000 | -3,043,000 | 74,000 | 3,869,000 | -2,995,000 | 3,032,000 | -1,929,000 | 3,994,000 | -2,476,889 | -2,108,496 | 9,351,889 |
| Accruals and Deferred Income | 4,326,000 | 2,557,000 | -819,000 | 1,210,000 | 421,000 | 241,000 | 271,000 | 747,000 | 10,000 | 116,000 | -10,000 | -259,000 | 381,503 | -7,647 | 537,497 |
| Deferred Taxes & Provisions | 1,000 | -954,000 | -479,000 | 266,000 | 80,000 | 325,000 | 20,000 | 143,000 | -17,000 | 608,000 | 12,000 | -17,559 | -36,559 | 192,559 | |
| Cash flow from operations | 1,586,000 | 2,392,000 | 8,350,000 | -1,102,000 | 379,000 | -1,731,000 | -2,280,000 | 7,342,000 | 756,000 | 3,277,000 | 2,089,000 | 3,037,000 | 1,347,932 | 1,628,362 | -7,484,893 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -4,807,000 | -3,586,000 | 4,807,000 | 3,595,000 | 312,000 | 1,000 | 10,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 192,000 | -447,000 | 1,041,000 | 287,000 | -679,000 | 390,000 | 156,000 | 159,000 | -67,000 | 376,000 | 96,000 | -7,894,000 | 3,408,611 | 194,618 | 4,741,389 |
| Other Short Term Loans | -23,000 | 50,000 | |||||||||||||
| Long term loans | -3,160,000 | -7,000,000 | 10,160,000 | -7,500,000 | 2,500,000 | 5,000,000 | |||||||||
| Hire Purchase and Lease Commitments | -449,000 | -249,000 | 429,000 | -85,000 | 3,589,000 | -134,000 | 134,000 | ||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -314,000 | -60,000 | -464,000 | -660,000 | -644,000 | -397,000 | -325,000 | -129,000 | -218,000 | -131,000 | -110,000 | -127,000 | 1,443,000 | -108,690 | -198,714 |
| cash flow from financing | -594,000 | -706,000 | -2,154,000 | -7,458,000 | 2,154,000 | -7,000 | 9,991,000 | 30,000 | -7,785,000 | 2,748,000 | -14,000 | -3,155,000 | 7,567,630 | 85,928 | 6,758,331 |
| cash and cash equivalents | |||||||||||||||
| cash | -24,000 | 1,105,000 | -2,572,000 | 1,880,000 | 572,000 | -901,000 | 571,000 | -772,000 | -1,227,000 | 2,407,000 | 374,000 | -1,120,000 | 822,532 | -346,650 | 366,468 |
| overdraft | -7,000,000 | 7,000,000 | -3,000,000 | -4,500,000 | 7,500,000 | -1,093,030 | -715,655 | 1,093,030 | |||||||
| change in cash | -24,000 | 1,105,000 | 4,428,000 | -5,120,000 | 572,000 | -901,000 | 3,571,000 | 3,728,000 | -8,727,000 | 2,407,000 | 374,000 | -1,120,000 | 1,915,562 | 369,005 | -726,562 |
ecobat battery uk ltd Credit Report and Business Information
Ecobat Battery Uk Ltd Competitor Analysis
Perform a competitor analysis for ecobat battery uk ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in SY1 area or any other competitors across 12 key performance metrics.
ecobat battery uk ltd Ownership
ECOBAT BATTERY UK LTD group structure
Ecobat Battery Uk Ltd has 14 subsidiary companies.
Ultimate parent company
ECOBAT HOLDINGS INC
#0151001
2 parents
ECOBAT BATTERY UK LTD
02906519
14 subsidiaries
ecobat battery uk ltd directors
Ecobat Battery Uk Ltd currently has 3 directors. The longest serving directors include Mr Kevin Wood (Aug 1999) and Mr Alexander Powell (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Wood | 53 years | Aug 1999 | - | Director | |
| Mr Alexander Powell | England | 39 years | Jul 2024 | - | Director |
| Mr Russell McBurnie | England | 52 years | Jul 2024 | - | Director |
P&L
December 2023turnover
80.9m
+6%
operating profit
468k
-78%
gross margin
9%
-7.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
28.3m
+0.01%
total assets
53.9m
+0.05%
cash
1.5m
-0.02%
net assets
Total assets minus all liabilities
ecobat battery uk ltd company details
company number
02906519
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
March 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
manbat limited (March 2022)
bonrover limited (July 1997)
accountant
-
auditor
ERNST & YOUNG LLP
address
36a vanguard way, battlefield enterprise park, shrewsbury, SY1 3TG
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
ecobat battery uk 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 10 charges/mortgages relating to ecobat battery uk ltd. Currently there are 2 open charges and 8 have been satisfied in the past.
ecobat battery uk 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 ECOBAT BATTERY UK LTD. This can take several minutes, an email will notify you when this has completed.
ecobat battery uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
