eyecon limited

1

eyecon limited Company Information

Share EYECON LIMITED
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MatureMicroHealthy

Company Number

03242305

Registered Address

1 kings avenue, london, N21 3NA

Industry

Other personal service activities n.e.c.

 

Telephone

01481714777

Next Accounts Due

March 2025

Group Structure

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Directors

Lee Da Costa28 Years

Shareholders

lee anthony joseph da costa 50%

leyla da costa 50%

eyecon limited Estimated Valuation

£109.6k

Pomanda estimates the enterprise value of EYECON LIMITED at £109.6k based on a Turnover of £167.6k and 0.65x industry multiple (adjusted for size and gross margin).

eyecon limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EYECON LIMITED at £0 based on an EBITDA of £-5k and a 4.26x industry multiple (adjusted for size and gross margin).

eyecon limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EYECON LIMITED at £0 based on Net Assets of £-666.2k and 2.03x industry multiple (adjusted for liquidity).

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Eyecon Limited Overview

Eyecon Limited is a live company located in london, N21 3NA with a Companies House number of 03242305. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 1996, it's largest shareholder is lee anthony joseph da costa with a 50% stake. Eyecon Limited is a mature, micro sized company, Pomanda has estimated its turnover at £167.6k with healthy growth in recent years.

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Eyecon Limited Health Check

Pomanda's financial health check has awarded Eyecon Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £167.6k, make it smaller than the average company (£848k)

£167.6k - Eyecon Limited

£848k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.6%)

4% - Eyecon Limited

5.6% - Industry AVG

production

Production

with a gross margin of 41.8%, this company has a comparable cost of product (41.8%)

41.8% - Eyecon Limited

41.8% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (6.5%)

-3% - Eyecon Limited

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Eyecon Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)

£29.8k - Eyecon Limited

£29.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.8k, this is equally as efficient (£83.8k)

£83.8k - Eyecon Limited

£83.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Eyecon Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Eyecon Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eyecon Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (48 weeks)

12 weeks - Eyecon Limited

48 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1352.6%, this is a higher level of debt than the average (44.4%)

1352.6% - Eyecon Limited

44.4% - Industry AVG

EYECON LIMITED financials

EXPORTms excel logo

Eyecon Limited's latest turnover from June 2023 is estimated at £167.6 thousand and the company has net assets of -£666.2 thousand. According to their latest financial statements, Eyecon Limited has 2 employees and maintains cash reserves of £25 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover167,646159,200147,200147,538000060,486160,209157,411070,31821,509
Other Income Or Grants00000000000000
Cost Of Sales97,63994,17388,97889,444000036,14396,33190,480039,95012,103
Gross Profit70,00765,02758,22258,095000024,34363,87866,931030,3689,406
Admin Expenses75,04066,49659,35037,207-52,344-51,599-55,972-37,435-55,179-48,382901,600-1,667,18720,0391,284,117
Operating Profit-5,033-1,469-1,12820,88852,34451,59955,97237,43579,522112,260-834,6691,667,18710,329-1,274,711
Interest Payable00022,50949,81647,97145,81923,667000000
Interest Receivable6491121017229816181233440
Pre-Tax Profit-4,384-1,357-1,118-1,6052,7583,70910,15913,78679,534112,263-834,6661,667,19110,332-1,274,711
Tax0000-524-705-1,930-2,757-15,907-23,5750-400,126-2,6860
Profit After Tax-4,384-1,357-1,118-1,6052,2343,0048,22911,02963,62788,688-834,6661,267,0657,646-1,274,711
Dividends Paid00000000000000
Retained Profit-4,384-1,357-1,118-1,6052,2343,0048,22911,02963,62788,688-834,6661,267,0657,646-1,274,711
Employee Costs59,69457,42055,45152,879000026,41779,21378,610025,71724,688
Number Of Employees22220000133011
EBITDA*-5,033-1,469-1,12820,88852,34451,59955,97237,43579,522112,260-834,6691,667,18710,329-1,274,711

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other121212121212121212121201225
Debtors (Due After 1 year)0000023,75050,00050,000000000
Total Fixed Assets121212121223,76250,01250,01212121201225
Stock & work in progress00000000000000
Trade Debtors000000005,00020,47820,47809,7000
Group Debtors28,17928,17928,17928,17926,1036,1036,1030000000
Misc Debtors027,96727,96727,96724,46720,66719,2239,223000000
Cash24,99297816,8792,39431,13830,0442,1982,6094,5522901,04201,4990
misc current assets00000000000000
total current assets53,17157,12473,02558,54081,70856,81427,52411,8329,55220,76821,520011,1990
total assets53,18357,13673,03758,55281,72080,57677,53661,8449,56420,78021,532011,21125
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0000000012,4494,8164,75602,8344,414
Group/Directors Accounts101,224101,224101,224100,5760003,708000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities7871,3562,4002,7971,4362,5262,4901,129000000
total current liabilities102,011102,580103,624103,3731,4362,5262,4904,83712,4494,8164,75602,8344,414
loans0000738,012738,012738,012728,202000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities617,364616,364629,864614,5120000679,339761,815851,31501,275,3151,270,197
provisions00000000000000
total long term liabilities617,364616,364629,864614,512738,012738,012738,012728,202679,339761,815851,31501,275,3151,270,197
total liabilities719,375718,944733,488717,885739,448740,538740,502733,039691,788766,631856,07101,278,1491,274,611
net assets-666,192-661,808-660,451-659,333-657,728-659,962-662,966-671,195-682,224-745,851-834,5390-1,266,938-1,274,586
total shareholders funds-666,192-661,808-660,451-659,333-657,728-659,962-662,966-671,195-682,224-745,851-834,5390-1,266,938-1,274,586
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-5,033-1,469-1,12820,88852,34451,59955,97237,43579,522112,260-834,6691,667,18710,329-1,274,711
Depreciation00000000000000
Amortisation00000000000000
Tax0000-524-705-1,930-2,757-15,907-23,5750-400,126-2,6860
Stock00000000000000
Debtors-27,967005,57650-24,80616,10354,223-15,478020,478-9,7009,7000
Creditors0000000-12,4497,633604,756-2,834-1,5804,414
Accruals and Deferred Income-569-1,044-3971,361-1,090361,3611,129000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations22,365-2,513-1,52516,67350,68075,73639,300-30,86586,72688,745-850,3911,273,927-3,637-1,270,297
Investing Activities
capital expenditure00000000000000
Change in Investments000000000012-12-1325
cash flow from investments0000000000-121213-25
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00648100,57600-3,7083,708000000
Other Short Term Loans 00000000000000
Long term loans000-738,012009,810728,202000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities1,000-13,50015,352614,512000-679,339-82,476-89,500851,315-1,275,3155,1181,270,197
share issue0000000000127-1272125
interest64911210-22,492-49,587-47,890-45,813-23,6491233440
cash flow from financing1,649-13,38816,010-45,416-49,587-47,890-39,71128,922-82,464-89,497851,445-1,275,4385,1241,270,322
cash and cash equivalents
cash24,014-15,90114,485-28,7441,09427,846-411-1,9434,262-7521,042-1,4991,4990
overdraft00000000000000
change in cash24,014-15,90114,485-28,7441,09427,846-411-1,9434,262-7521,042-1,4991,4990

eyecon limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Eyecon Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eyecon limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in N21 area or any other competitors across 12 key performance metrics.

eyecon limited Ownership

EYECON LIMITED group structure

Eyecon Limited has 1 subsidiary company.

Ultimate parent company

EYECON LIMITED

03242305

1 subsidiary

EYECON LIMITED Shareholders

lee anthony joseph da costa 50%
leyla da costa 50%

eyecon limited directors

Eyecon Limited currently has 1 director, Mr Lee Da Costa serving since Aug 1996.

officercountryagestartendrole
Mr Lee Da Costa53 years Aug 1996- Director

P&L

June 2023

turnover

167.6k

+5%

operating profit

-5k

0%

gross margin

41.8%

+2.23%

turnover

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

Balance Sheet

June 2023

net assets

-666.2k

+0.01%

total assets

53.2k

-0.07%

cash

25k

+24.55%

net assets

Total assets minus all liabilities

eyecon limited company details

company number

03242305

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

August 1996

age

28

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

flexiway limited (October 1996)

accountant

AGK PARTNERS

auditor

-

address

1 kings avenue, london, N21 3NA

Bank

-

Legal Advisor

-

eyecon 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 eyecon limited.

charges

eyecon limited Companies House Filings - See Documents

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