economic consulting associates limited

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economic consulting associates limited Company Information

Share ECONOMIC CONSULTING ASSOCIATES LIMITED
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Company Number

03362992

Registered Address

41 lonsdale road, london, NW6 6RA

Industry

Other personal service activities n.e.c.

 

Telephone

02076044546

Next Accounts Due

February 2025

Group Structure

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Directors

Raymond Tomkins27 Years

Paul Lewington24 Years

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Shareholders

eca economics ltd 100%

economic consulting associates limited Estimated Valuation

£4m

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

£0

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

£4.9m

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).

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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
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £4.6m, make it larger than the average company (£836k)

£4.6m - Economic Consulting Associates Limited

£836k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.6%)

9% - Economic Consulting Associates Limited

5.6% - Industry AVG

production

Production

with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)

40.8% - Economic Consulting Associates Limited

40.8% - Industry AVG

profitability

Profitability

an operating margin of -13.8% make it less profitable than the average company (6.5%)

-13.8% - Economic Consulting Associates Limited

6.5% - Industry AVG

employees

Employees

with 19 employees, this is above the industry average (14)

19 - Economic Consulting Associates Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30k, the company has an equivalent pay structure (£30k)

£30k - Economic Consulting Associates Limited

£30k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £243.5k, this is more efficient (£81.6k)

£243.5k - Economic Consulting Associates Limited

£81.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is later than average (28 days)

59 days - Economic Consulting Associates Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (40 days)

29 days - Economic Consulting Associates Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Economic Consulting Associates Limited

- - Industry AVG

cashbalance

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

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

EXPORTms excel logo

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 HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover4,627,0474,869,8633,244,9473,539,1874,450,6665,981,0445,906,3154,100,4273,199,2254,007,4013,519,7122,770,3621,904,9702,292,112
Other Income Or Grants00000000000000
Cost Of Sales2,740,0642,891,8711,974,2932,134,1092,646,5194,302,8603,946,3703,040,9212,529,1862,645,3702,333,7361,995,4121,121,7681,345,228
Gross Profit1,886,9821,977,9921,270,6541,405,0771,804,1471,678,1841,959,9451,059,506670,0391,362,0311,185,976774,950783,202946,884
Admin Expenses2,527,9532,167,3971,242,8311,529,0091,456,579771,693470,817523,606444,695530,053415,745474,670444,002395,149
Operating Profit-640,971-189,40527,823-123,932347,568906,4911,489,128535,900225,344831,978770,231300,280339,200551,735
Interest Payable00000000000000
Interest Receivable39,20011,5901,4591,58912,67223252124371,795776253495
Pre-Tax Profit-601,771-177,81529,283-122,343360,241906,5141,489,153535,921225,368832,015772,026301,056339,453552,230
Tax00-5,5640-68,446-172,711-295,524-117,686-45,726-181,043-177,328-34,760-77,205-137,950
Profit After Tax-601,771-177,81523,719-122,343291,795733,8031,193,629418,235179,642650,972594,698266,296262,248414,280
Dividends Paid000000537,98394,55101,080,000520,000170,00050,000220,000
Retained Profit-601,771-177,81523,719-122,343291,795733,803655,646323,684179,642-429,02874,69896,296212,248194,280
Employee Costs569,748599,907607,394605,330588,500565,656468,811452,601423,7471,343,0001,230,190981,090661,818787,622
Number Of Employees1921222322221917165147382632
EBITDA*-640,117-188,03629,393-122,429347,568908,2381,491,326538,549229,430837,535778,147311,265348,280557,132

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets1,4551281,4973,0092,8393,8254,9376,2318,88012,54118,09824,92822,62010,066
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,4551281,4973,0092,8393,8254,9376,2318,88012,54118,09824,92822,62010,066
Stock & work in progress00000000000000
Trade Debtors753,487911,942531,069540,282782,477675,134491,691450,364609,192586,532622,254490,389475,492256,187
Group Debtors80,44674,58173,05663,86078,13439,8752,9177,2607,2607,2601,99829200
Misc Debtors810,892839,798860,772795,241727,050681,000784,000724,000487,000522,000395,510477,526397,49973,244
Cash826,400915,8131,402,1931,516,6981,660,5931,718,6881,834,9991,051,690508,036711,013956,712923,578797,8741,151,820
misc current assets00000000000000
total current assets2,471,2252,742,1342,867,0902,916,0813,248,2543,114,6973,113,6072,233,3141,611,4881,826,8051,976,4741,891,7851,670,8651,481,251
total assets2,472,6802,742,2622,868,5872,919,0903,251,0933,118,5223,118,5442,239,5451,620,3681,839,3461,994,5721,916,7131,693,4851,491,317
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 225,069221,228113,929267,012266,130319,362358,517338,595184,946285,96499,561163,01771,759103,258
Group/Directors Accounts27900000000002,663011,889
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities442,323114,254169,81390,725301,346407,279504,228300,519158,033455,000367,533296,941383,993348,513
total current liabilities667,671335,482283,742357,737567,476726,641862,745639,114342,979740,964467,094462,621455,752463,660
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions002504773984577541,0321,6742,3092,3773,68902,172
total long term liabilities002504773984577541,0321,6742,3092,3773,68902,172
total liabilities667,671335,482283,992358,214567,874727,098863,499640,146344,653743,273469,471466,310455,752465,832
net assets1,805,0092,406,7802,584,5952,560,8762,683,2192,391,4242,255,0451,599,3991,275,7151,096,0731,525,1011,450,4031,237,7331,025,485
total shareholders funds1,805,0092,406,7802,584,5952,560,8762,683,2192,391,4242,255,0451,599,3991,275,7151,096,0731,525,1011,450,4031,237,7331,025,485
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-640,971-189,40527,823-123,932347,568906,4911,489,128535,900225,344831,978770,231300,280339,200551,735
Depreciation8541,3691,5701,50301,7472,1982,6494,0865,5577,91610,9859,0805,397
Amortisation00000000000000
Tax00-5,5640-68,446-172,711-295,524-117,686-45,726-181,043-177,328-34,760-77,205-137,950
Stock00000000000000
Debtors-181,496361,42465,514-188,278191,652117,40196,98478,172-12,34096,03051,55595,216543,560329,431
Creditors3,841107,299-153,083882-53,232-39,15519,922153,649-101,018186,403-63,45691,258-31,499103,258
Accruals and Deferred Income328,069-55,55979,088-210,621-105,933-96,949203,709142,486-296,96787,46770,592-87,05235,480348,513
Deferred Taxes & Provisions0-250-22779-59-297-278-642-635-68-1,3123,689-2,1722,172
Cash flow from operations-126,711-497,970-115,907-143,811-71,754481,7251,322,171638,184-202,576834,264555,088189,184-270,676543,694
Investing Activities
capital expenditure-2,1810-58-1,673986-635-9040-4250-1,086-13,293-21,634-15,463
Change in Investments00000000000000
cash flow from investments-2,1810-58-1,673986-635-9040-4250-1,086-13,293-21,634-15,463
Financing Activities
Bank loans00000000000000
Group/Directors Accounts279000000000-2,6632,663-11,88911,889
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000-597,42400000116,3740831,205
interest39,20011,5901,4591,58912,67223252124371,795776253495
cash flow from financing39,47911,5901,4591,58912,672-597,40125212437-868119,813-11,636843,589
cash and cash equivalents
cash-89,413-486,380-114,505-143,895-58,095-116,311783,309543,654-202,977-245,69933,134125,704-353,9461,151,820
overdraft00000000000000
change in cash-89,413-486,380-114,505-143,895-58,095-116,311783,309543,654-202,977-245,69933,134125,704-353,9461,151,820

economic consulting associates 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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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 Shareholders

eca economics ltd 100%

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).

officercountryagestartendrole
Mr Raymond TomkinsUnited Kingdom76 years May 1997- Director
Mr Paul Lewington67 years Jun 2000- Director
Mr Peter RobinsonUnited Kingdom73 years May 2008- Director
Mr William Derbyshire52 years Nov 2010- Director
Mr Nick HaralambopoulosEngland53 years Jun 2018- Director
Mr David WilliamsEngland42 years Aug 2020- Director

P&L

May 2023

turnover

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 2023

net 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

economic consulting associates limited Companies House Filings - See Documents

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