economic consulting associates limited Company Information
Company Number
03362992
Website
http://eca-uk.comRegistered Address
41 lonsdale road, london, NW6 6RA
Industry
Other personal service activities n.e.c.
Telephone
02076044546
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
eca economics ltd 100%
economic consulting associates limited Estimated Valuation
Pomanda estimates the enterprise value of ECONOMIC CONSULTING ASSOCIATES LIMITED at £4m based on a Turnover of £4.6m and 0.87x industry multiple (adjusted for size and gross margin).
economic consulting associates limited Estimated Valuation
Pomanda estimates the enterprise value of ECONOMIC CONSULTING ASSOCIATES LIMITED at £0 based on an EBITDA of £-640.1k and a 7.15x industry multiple (adjusted for size and gross margin).
economic consulting associates limited Estimated Valuation
Pomanda estimates the enterprise value of ECONOMIC CONSULTING ASSOCIATES LIMITED at £4.9m based on Net Assets of £1.8m and 2.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Economic Consulting Associates Limited Overview
Economic Consulting Associates Limited is a live company located in london, NW6 6RA with a Companies House number of 03362992. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 1997, it's largest shareholder is eca economics ltd with a 100% stake. Economic Consulting Associates Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with healthy growth in recent years.
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Economic Consulting Associates Limited Health Check
Pomanda's financial health check has awarded Economic Consulting Associates Limited a 5 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
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
6 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £4.6m, make it larger than the average company (£836k)
- Economic Consulting Associates Limited
£836k - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.6%)
- Economic Consulting Associates Limited
5.6% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)
- Economic Consulting Associates Limited
40.8% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -13.8% make it less profitable than the average company (6.5%)
- Economic Consulting Associates Limited
6.5% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 19 employees, this is above the industry average (14)
19 - Economic Consulting Associates Limited
14 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Economic Consulting Associates Limited
£30k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £243.5k, this is more efficient (£81.6k)
- Economic Consulting Associates Limited
£81.6k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 59 days, this is later than average (28 days)
- Economic Consulting Associates Limited
28 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (40 days)
- Economic Consulting Associates Limited
40 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Economic Consulting Associates Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (50 weeks)
64 weeks - Economic Consulting Associates Limited
50 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 27%, this is a lower level of debt than the average (43.1%)
27% - Economic Consulting Associates Limited
43.1% - Industry AVG
ECONOMIC CONSULTING ASSOCIATES LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Economic Consulting Associates Limited's latest turnover from May 2023 is estimated at £4.6 million and the company has net assets of £1.8 million. According to their latest financial statements, Economic Consulting Associates Limited has 19 employees and maintains cash reserves of £826.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 5,981,044 | 5,906,315 | 4,100,427 | 3,199,225 | 4,007,401 | 3,519,712 | 2,770,362 | 1,904,970 | 2,292,112 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 4,302,860 | 3,946,370 | 3,040,921 | 2,529,186 | 2,645,370 | 2,333,736 | 1,995,412 | 1,121,768 | 1,345,228 | |||||
Gross Profit | 1,678,184 | 1,959,945 | 1,059,506 | 670,039 | 1,362,031 | 1,185,976 | 774,950 | 783,202 | 946,884 | |||||
Admin Expenses | 771,693 | 470,817 | 523,606 | 444,695 | 530,053 | 415,745 | 474,670 | 444,002 | 395,149 | |||||
Operating Profit | 906,491 | 1,489,128 | 535,900 | 225,344 | 831,978 | 770,231 | 300,280 | 339,200 | 551,735 | |||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Interest Receivable | 23 | 25 | 21 | 24 | 37 | 1,795 | 776 | 253 | 495 | |||||
Pre-Tax Profit | 906,514 | 1,489,153 | 535,921 | 225,368 | 832,015 | 772,026 | 301,056 | 339,453 | 552,230 | |||||
Tax | -172,711 | -295,524 | -117,686 | -45,726 | -181,043 | -177,328 | -34,760 | -77,205 | -137,950 | |||||
Profit After Tax | 733,803 | 1,193,629 | 418,235 | 179,642 | 650,972 | 594,698 | 266,296 | 262,248 | 414,280 | |||||
Dividends Paid | 0 | 537,983 | 94,551 | 0 | 1,080,000 | 520,000 | 170,000 | 50,000 | 220,000 | |||||
Retained Profit | 733,803 | 655,646 | 323,684 | 179,642 | -429,028 | 74,698 | 96,296 | 212,248 | 194,280 | |||||
Employee Costs | ||||||||||||||
Number Of Employees | 19 | 21 | 22 | 23 | 22 | 22 | 19 | 17 | 16 | |||||
EBITDA* | 908,238 | 1,491,326 | 538,549 | 229,430 | 837,535 | 778,147 | 311,265 | 348,280 | 557,132 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,455 | 128 | 1,497 | 3,009 | 2,839 | 3,825 | 4,937 | 6,231 | 8,880 | 12,541 | 18,098 | 24,928 | 22,620 | 10,066 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,455 | 128 | 1,497 | 3,009 | 2,839 | 3,825 | 4,937 | 6,231 | 8,880 | 12,541 | 18,098 | 24,928 | 22,620 | 10,066 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 753,487 | 911,942 | 531,069 | 540,282 | 782,477 | 675,134 | 491,691 | 450,364 | 609,192 | 586,532 | 622,254 | 490,389 | 475,492 | 256,187 |
Group Debtors | 80,446 | 74,581 | 73,056 | 63,860 | 78,134 | 39,875 | 2,917 | 7,260 | 7,260 | 7,260 | 1,998 | 292 | 0 | 0 |
Misc Debtors | 810,892 | 839,798 | 860,772 | 795,241 | 727,050 | 681,000 | 784,000 | 724,000 | 487,000 | 522,000 | 395,510 | 477,526 | 397,499 | 73,244 |
Cash | 826,400 | 915,813 | 1,402,193 | 1,516,698 | 1,660,593 | 1,718,688 | 1,834,999 | 1,051,690 | 508,036 | 711,013 | 956,712 | 923,578 | 797,874 | 1,151,820 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,471,225 | 2,742,134 | 2,867,090 | 2,916,081 | 3,248,254 | 3,114,697 | 3,113,607 | 2,233,314 | 1,611,488 | 1,826,805 | 1,976,474 | 1,891,785 | 1,670,865 | 1,481,251 |
total assets | 2,472,680 | 2,742,262 | 2,868,587 | 2,919,090 | 3,251,093 | 3,118,522 | 3,118,544 | 2,239,545 | 1,620,368 | 1,839,346 | 1,994,572 | 1,916,713 | 1,693,485 | 1,491,317 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 225,069 | 221,228 | 113,929 | 267,012 | 266,130 | 319,362 | 358,517 | 338,595 | 184,946 | 285,964 | 99,561 | 163,017 | 71,759 | 103,258 |
Group/Directors Accounts | 279 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,663 | 0 | 11,889 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 442,323 | 114,254 | 169,813 | 90,725 | 301,346 | 407,279 | 504,228 | 300,519 | 158,033 | 455,000 | 367,533 | 296,941 | 383,993 | 348,513 |
total current liabilities | 667,671 | 335,482 | 283,742 | 357,737 | 567,476 | 726,641 | 862,745 | 639,114 | 342,979 | 740,964 | 467,094 | 462,621 | 455,752 | 463,660 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 250 | 477 | 398 | 457 | 754 | 1,032 | 1,674 | 2,309 | 2,377 | 3,689 | 0 | 2,172 |
total long term liabilities | 0 | 0 | 250 | 477 | 398 | 457 | 754 | 1,032 | 1,674 | 2,309 | 2,377 | 3,689 | 0 | 2,172 |
total liabilities | 667,671 | 335,482 | 283,992 | 358,214 | 567,874 | 727,098 | 863,499 | 640,146 | 344,653 | 743,273 | 469,471 | 466,310 | 455,752 | 465,832 |
net assets | 1,805,009 | 2,406,780 | 2,584,595 | 2,560,876 | 2,683,219 | 2,391,424 | 2,255,045 | 1,599,399 | 1,275,715 | 1,096,073 | 1,525,101 | 1,450,403 | 1,237,733 | 1,025,485 |
total shareholders funds | 1,805,009 | 2,406,780 | 2,584,595 | 2,560,876 | 2,683,219 | 2,391,424 | 2,255,045 | 1,599,399 | 1,275,715 | 1,096,073 | 1,525,101 | 1,450,403 | 1,237,733 | 1,025,485 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 906,491 | 1,489,128 | 535,900 | 225,344 | 831,978 | 770,231 | 300,280 | 339,200 | 551,735 | |||||
Depreciation | 854 | 1,369 | 1,570 | 1,503 | 1,747 | 2,198 | 2,649 | 4,086 | 5,557 | 7,916 | 10,985 | 9,080 | 5,397 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -172,711 | -295,524 | -117,686 | -45,726 | -181,043 | -177,328 | -34,760 | -77,205 | -137,950 | |||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -181,496 | 361,424 | 65,514 | -188,278 | 191,652 | 117,401 | 96,984 | 78,172 | -12,340 | 96,030 | 51,555 | 95,216 | 543,560 | 329,431 |
Creditors | 3,841 | 107,299 | -153,083 | 882 | -53,232 | -39,155 | 19,922 | 153,649 | -101,018 | 186,403 | -63,456 | 91,258 | -31,499 | 103,258 |
Accruals and Deferred Income | 328,069 | -55,559 | 79,088 | -210,621 | -105,933 | -96,949 | 203,709 | 142,486 | -296,967 | 87,467 | 70,592 | -87,052 | 35,480 | 348,513 |
Deferred Taxes & Provisions | 0 | -250 | -227 | 79 | -59 | -297 | -278 | -642 | -635 | -68 | -1,312 | 3,689 | -2,172 | 2,172 |
Cash flow from operations | 481,725 | 1,322,171 | 638,184 | -202,576 | 834,264 | 555,088 | 189,184 | -270,676 | 543,694 | |||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 279 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,663 | 2,663 | -11,889 | 11,889 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 23 | 25 | 21 | 24 | 37 | 1,795 | 776 | 253 | 495 | |||||
cash flow from financing | -597,401 | 25 | 21 | 24 | 37 | -868 | 119,813 | -11,636 | 843,589 | |||||
cash and cash equivalents | ||||||||||||||
cash | -89,413 | -486,380 | -114,505 | -143,895 | -58,095 | -116,311 | 783,309 | 543,654 | -202,977 | -245,699 | 33,134 | 125,704 | -353,946 | 1,151,820 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -89,413 | -486,380 | -114,505 | -143,895 | -58,095 | -116,311 | 783,309 | 543,654 | -202,977 | -245,699 | 33,134 | 125,704 | -353,946 | 1,151,820 |
economic consulting associates limited Credit Report and Business Information
Economic Consulting Associates Limited Competitor Analysis
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Perform a competitor analysis for economic consulting associates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
economic consulting associates limited Ownership
ECONOMIC CONSULTING ASSOCIATES LIMITED group structure
Economic Consulting Associates Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ECONOMIC CONSULTING ASSOCIATES LIMITED
03362992
1 subsidiary
economic consulting associates limited directors
Economic Consulting Associates Limited currently has 6 directors. The longest serving directors include Mr Raymond Tomkins (May 1997) and Mr Paul Lewington (Jun 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Raymond Tomkins | United Kingdom | 76 years | May 1997 | - | Director |
Mr Paul Lewington | 67 years | Jun 2000 | - | Director | |
Mr Peter Robinson | United Kingdom | 73 years | May 2008 | - | Director |
Mr William Derbyshire | 52 years | Nov 2010 | - | Director | |
Mr Nick Haralambopoulos | England | 53 years | Jun 2018 | - | Director |
Mr David Williams | England | 42 years | Aug 2020 | - | Director |
P&L
May 2023turnover
4.6m
-5%
operating profit
-641k
0%
gross margin
40.8%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.8m
-0.25%
total assets
2.5m
-0.1%
cash
826.4k
-0.1%
net assets
Total assets minus all liabilities
economic consulting associates limited company details
company number
03362992
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 1997
age
27
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
41 lonsdale road, london, NW6 6RA
last accounts submitted
May 2023
economic consulting associates 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 economic consulting associates limited.
![charges](/assets/images/company_charges.png)
economic consulting associates limited Companies House Filings - See Documents
date | description | view/download |
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