ect european chemical trading ltd

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ect european chemical trading ltd Company Information

Share ECT EUROPEAN CHEMICAL TRADING LTD

Company Number

03298601

Shareholders

tradeco international ltd

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

portman house 2 portman street, c/o fidlaw ltd., london, W1H 6DU

ect european chemical trading ltd Estimated Valuation

£26.3k

Pomanda estimates the enterprise value of ECT EUROPEAN CHEMICAL TRADING LTD at £26.3k based on a Turnover of £59.4k and 0.44x industry multiple (adjusted for size and gross margin).

ect european chemical trading ltd Estimated Valuation

£74.4k

Pomanda estimates the enterprise value of ECT EUROPEAN CHEMICAL TRADING LTD at £74.4k based on an EBITDA of £24.6k and a 3.03x industry multiple (adjusted for size and gross margin).

ect european chemical trading ltd Estimated Valuation

£242.7k

Pomanda estimates the enterprise value of ECT EUROPEAN CHEMICAL TRADING LTD at £242.7k based on Net Assets of £108.3k and 2.24x industry multiple (adjusted for liquidity).

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Ect European Chemical Trading Ltd Overview

Ect European Chemical Trading Ltd is a live company located in london, W1H 6DU with a Companies House number of 03298601. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in January 1997, it's largest shareholder is tradeco international ltd with a 100% stake. Ect European Chemical Trading Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £59.4k with declining growth in recent years.

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Ect European Chemical Trading Ltd Health Check

Pomanda's financial health check has awarded Ect European Chemical Trading Ltd a 2.5 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 Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £59.4k, make it smaller than the average company (£2.9m)

£59.4k - Ect European Chemical Trading Ltd

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (7.2%)

-18% - Ect European Chemical Trading Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (45%)

24.2% - Ect European Chemical Trading Ltd

45% - Industry AVG

profitability

Profitability

an operating margin of 41.4% make it more profitable than the average company (5.6%)

41.4% - Ect European Chemical Trading Ltd

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Ect European Chemical Trading Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Ect European Chemical Trading Ltd

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.4k, this is less efficient (£125.4k)

£59.4k - Ect European Chemical Trading Ltd

£125.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 95 days, this is later than average (56 days)

95 days - Ect European Chemical Trading Ltd

56 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ect European Chemical Trading Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ect European Chemical Trading Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ect European Chemical Trading Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.8%, this is a lower level of debt than the average (53.3%)

20.8% - Ect European Chemical Trading Ltd

53.3% - Industry AVG

ECT EUROPEAN CHEMICAL TRADING LTD financials

EXPORTms excel logo

Ect European Chemical Trading Ltd's latest turnover from December 2023 is estimated at £59.4 thousand and the company has net assets of £108.3 thousand. According to their latest financial statements, we estimate that Ect European Chemical Trading Ltd has 1 employee and maintains cash reserves of 0 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
Turnover59,39314,12140,823109,2542,1842,476,0503,268,4645,321,5633,194,0643,039,179128,380167,51986,32695,978
Other Income Or Grants15,000
Cost Of Sales45,01483,5731,6571,877,8322,463,5493,956,3002,387,7872,276,91695,905122,96863,15169,502
Gross Profit14,38029,12140,82325,681527598,218804,9151,365,263806,278762,26332,47444,55223,17526,476
Admin Expenses-10,18929,70742,43726,477-32,965560,599776,8781,354,663805,384787,01831,73234,66831,17323,053-29,572
Operating Profit24,569-586-1,614-79633,49237,61928,03710,600894-24,7557429,884-7,9983,42329,572
Interest Payable
Interest Receivable222721,1481,0422037734576585424519
Pre-Tax Profit24,569-558-1,610-77433,76438,76729,07910,803971-24,7211,31810,468-7,9563,46829,590
Tax-6,142-6,415-7,366-5,525-2,160-194-303-2,512-971-8,285
Profit After Tax18,427-558-1,610-77427,34931,40123,5548,642777-24,7211,0157,956-7,9562,49721,305
Dividends Paid
Retained Profit18,427-558-1,610-77427,34931,40123,5548,642777-24,7211,0157,956-7,9562,49721,305
Employee Costs53,96151,04548,75547,59547,74046,25744,6441,140,811708,989653,36842,49640,80340,29739,215
Number Of Employees11111112616151111
EBITDA*24,569-586-1,614-79633,49237,61928,03710,600894-24,7557429,884-7,9983,42329,572

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors15,53917,22534,69838,8711,075,8441,296,7351,430,150846,289794,10037,3014,16924,03727,69528,468
Group Debtors
Misc Debtors248,242205,418221,547101,873124,1985,4305,629
Cash1,5891,94441,35431,279274,875141,99320,12310,8112,686227,7926,07210,5567,453
misc current assets121,20575,852
total current assets136,74493,077284,529246,233262,9011,208,9961,695,8081,577,573872,041804,91139,987231,96130,10938,25135,921
total assets136,74493,077284,529246,233262,9011,208,9961,695,8081,577,573872,041804,91139,987231,96130,10938,25135,921
Bank overdraft
Bank loan
Trade Creditors 3891,904766924,7541,630,0411,533,726784,681803,81514,170207,15913,26313,44913,616
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities18,30042,901169,316218,77231,69833,33285,487
total current liabilities18,68944,805170,0821,143,5261,661,7391,567,058870,168803,81514,170207,15913,26313,44913,616
loans
hp & lease commitments
Accruals and Deferred Income28,4403,200
other liabilities175,405109,383
provisions
total long term liabilities28,4403,200175,405109,383
total liabilities28,4403,200194,094154,188170,0821,143,5261,661,7391,567,058870,168803,81514,170207,15913,26313,44913,616
net assets108,30489,87790,43592,04592,81965,47034,06910,5151,8731,09625,81724,80216,84624,80222,305
total shareholders funds108,30489,87790,43592,04592,81965,47034,06910,5151,8731,09625,81724,80216,84624,80222,305
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit24,569-586-1,614-79633,49237,61928,03710,600894-24,7557429,884-7,9983,42329,572
Depreciation
Amortisation
Tax-6,142-6,415-7,366-5,525-2,160-194-303-2,512-971-8,285
Stock
Debtors-1,686-265,71538,65122,742-956,170-243,216-14,647583,66257,818756,79933,132-19,868-3,658-77328,468
Creditors-389-1,5151,138-923,988-705,28796,315749,045-19,134789,645-192,989193,896-186-16713,616
Accruals and Deferred Income25,240-15,100-24,601-126,415-49,456187,074-1,634-52,15585,487
Deferred Taxes & Provisions
Cash flow from operations45,353249,640-66,381-148,8159,803-244,744131,840121,6689,2358,091-225,682221,136-4,5263,0586,435
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-175,40566,022109,383
share issue1,000
interest222721,1481,0422037734576585424519
cash flow from financing-175,40566,022109,4052721,1481,042203773457658542451,019
cash and cash equivalents
cash-1,589-355-39,41010,075-243,596132,882121,8709,3128,125-225,106221,720-4,4843,1037,453
overdraft
change in cash-1,589-355-39,41010,075-243,596132,882121,8709,3128,125-225,106221,720-4,4843,1037,453

ect european chemical trading ltd 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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Ect European Chemical Trading Ltd Competitor Analysis

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Perform a competitor analysis for ect european chemical trading ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W1H area or any other competitors across 12 key performance metrics.

ect european chemical trading ltd Ownership

ECT EUROPEAN CHEMICAL TRADING LTD group structure

Ect European Chemical Trading Ltd has no subsidiary companies.

Ultimate parent company

TRADECO INTERNATIONAL LTD

#0092933

1 parent

ECT EUROPEAN CHEMICAL TRADING LTD

03298601

ECT EUROPEAN CHEMICAL TRADING LTD Shareholders

tradeco international ltd 100%

ect european chemical trading ltd directors

Ect European Chemical Trading Ltd currently has 1 director, Miss Samuela Sonzini serving since Apr 2016.

officercountryagestartendrole
Miss Samuela Sonzini46 years Apr 2016- Director

P&L

December 2023

turnover

59.4k

+321%

operating profit

24.6k

0%

gross margin

24.3%

-88.26%

turnover

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

Balance Sheet

December 2023

net assets

108.3k

+0.21%

total assets

136.7k

+0.47%

cash

0

0%

net assets

Total assets minus all liabilities

ect european chemical trading ltd company details

company number

03298601

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

January 1997

age

28

incorporated

UK

ultimate parent company

TRADECO INTERNATIONAL LTD

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

FIDCORP LTD

auditor

-

address

portman house 2 portman street, c/o fidlaw ltd., london, W1H 6DU

Bank

-

Legal Advisor

-

ect european chemical trading 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 did not find charges/mortgages relating to ect european chemical trading ltd.

ect european chemical trading 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.

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ect european chemical trading ltd Companies House Filings - See Documents

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