etas limited
etas limited Company Information
Company Number
03383737
Next Accounts
Sep 2025
Industry
Other information technology and computer service activities
Shareholders
robert bosch uk holdings ltd
Group Structure
View All
Contact
Registered Address
c/o robert bosch ltd, broadwater, north orbital road, uxbridge, UB9 5HJ
Website
www.etas.cometas limited Estimated Valuation
Pomanda estimates the enterprise value of ETAS LIMITED at £20.7m based on a Turnover of £20.2m and 1.03x industry multiple (adjusted for size and gross margin).
etas limited Estimated Valuation
Pomanda estimates the enterprise value of ETAS LIMITED at £16m based on an EBITDA of £2.2m and a 7.22x industry multiple (adjusted for size and gross margin).
etas limited Estimated Valuation
Pomanda estimates the enterprise value of ETAS LIMITED at £13.2m based on Net Assets of £5.9m and 2.23x industry multiple (adjusted for liquidity).
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Etas Limited Overview
Etas Limited is a live company located in uxbridge, UB9 5HJ with a Companies House number of 03383737. It operates in the other information technology service activities sector, SIC Code 62090. Founded in June 1997, it's largest shareholder is robert bosch uk holdings ltd with a 100% stake. Etas Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.2m with rapid growth in recent years.
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Etas Limited Health Check
Pomanda's financial health check has awarded Etas Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £20.2m, make it larger than the average company (£7.1m)
£20.2m - Etas Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7.5%)
32% - Etas Limited
7.5% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
49.8% - Etas Limited
49.8% - Industry AVG
Profitability
an operating margin of 8.4% make it more profitable than the average company (3.4%)
8.4% - Etas Limited
3.4% - Industry AVG
Employees
with 198 employees, this is above the industry average (44)
198 - Etas Limited
44 - Industry AVG
Pay Structure
on an average salary of £64.8k, the company has an equivalent pay structure (£71.6k)
£64.8k - Etas Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £101.8k, this is less efficient (£172.3k)
£101.8k - Etas Limited
£172.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Etas Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (34 days)
8 days - Etas Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Etas Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 127 weeks, this is more cash available to meet short term requirements (13 weeks)
127 weeks - Etas Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a lower level of debt than the average (64.9%)
48.2% - Etas Limited
64.9% - Industry AVG
ETAS LIMITED financials
Etas Limited's latest turnover from December 2023 is £20.2 million and the company has net assets of £5.9 million. According to their latest financial statements, Etas Limited has 198 employees and maintains cash reserves of £7.5 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,166,000 | 16,439,000 | 11,680,448 | 8,795,009 | 9,415,425 | 7,506,574 | 6,083,930 | 4,671,628 | 4,444,860 | 3,881,115 | 2,181,196 | 2,021,530 | 2,080,204 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,688,000 | 1,663,000 | 1,147,776 | 369,648 | 841,134 | 511,578 | 307,939 | 158,271 | 232,048 | 191,670 | 144,394 | 62,585 | -4,206 | ||
| Interest Payable | 80,000 | 85,000 | 87,227 | 87,463 | 46,322 | 0 | 0 | 0 | 18,954 | 18,686 | 0 | 0 | 0 | ||
| Interest Receivable | 392,000 | 58,000 | 2,871 | 236,584 | 382,150 | 32,368 | 201,316 | 81,722 | 0 | 0 | 9,836 | 9,401 | 14,300 | ||
| Pre-Tax Profit | 2,000,000 | 1,636,000 | 1,063,420 | 518,769 | 1,176,962 | 774,691 | 509,255 | 239,993 | 251,002 | 210,356 | 154,230 | 71,986 | 10,094 | ||
| Tax | -457,000 | -314,000 | -214,282 | -86,219 | -228,977 | -136,440 | 538,799 | 171,368 | 290 | 3,082 | 49,294 | -43,146 | 64,849 | ||
| Profit After Tax | 1,543,000 | 1,322,000 | 849,138 | 432,550 | 947,985 | 638,251 | 1,048,054 | 411,361 | 251,292 | 213,438 | 203,524 | 28,840 | 74,943 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 638,251 | 5,300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 1,543,000 | 1,322,000 | 849,138 | 432,550 | 309,734 | -4,661,749 | 1,048,054 | 411,361 | 251,292 | 213,438 | 203,524 | 28,840 | 74,943 | ||
| Employee Costs | 12,823,000 | 9,948,000 | 7,415,117 | 5,740,438 | 5,379,097 | 5,032,729 | 4,145,305 | 3,135,398 | 2,938,458 | 2,504,846 | 1,420,285 | 1,441,646 | 1,510,774 | ||
| Number Of Employees | 198 | 162 | 111 | 99 | 86 | 75 | 64 | 56 | 50 | 42 | 25 | 26 | 25 | ||
| EBITDA* | 2,224,000 | 2,232,000 | 1,711,447 | 959,129 | 1,160,121 | 580,664 | 410,794 | 290,395 | 355,683 | 202,645 | 174,320 | 101,864 | 44,125 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 523,000 | 665,000 | 3,329,405 | 4,068,258 | 4,484,274 | 620,636 | 685,018 | 190,196 | 171,428 | 246,758 | 240,461 | 68,414 | 64,113 | 35,689 | 48,815 |
| Intangible Assets | 1,955,000 | 2,265,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 50,000 | 31,000 | 37,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 32,000 | 0 | 0 | 141,187 | 227,035 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,560,000 | 2,961,000 | 3,367,035 | 3,927,071 | 4,257,239 | 620,636 | 685,018 | 190,196 | 171,428 | 246,758 | 240,461 | 68,414 | 64,113 | 35,689 | 48,815 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171,106 | 100,495 | 0 | 0 | 0 |
| Group Debtors | 93,000 | 660,000 | 0 | 137,371 | 28,418 | 151,919 | 427,549 | 357,437 | 299,872 | 208,547 | 0 | 0 | 0 | 68,700 | 0 |
| Misc Debtors | 1,209,000 | 1,268,000 | 1,240,001 | 1,122,438 | 895,508 | 627,339 | 430,056 | 433,045 | 240,329 | 250,878 | 0 | 0 | 114,078 | 67,158 | 70,981 |
| Cash | 7,543,000 | 4,973,000 | 4,311,118 | 1,561,151 | 1,329,419 | 1,946,857 | 5,519,487 | 5,494,332 | 4,578,860 | 4,283,725 | 4,363,435 | 4,311,600 | 4,120,413 | 3,889,460 | 3,850,253 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,845,000 | 6,901,000 | 5,551,119 | 2,820,960 | 2,253,345 | 2,726,115 | 6,377,092 | 6,284,814 | 5,119,061 | 4,743,150 | 4,534,541 | 4,412,095 | 4,234,491 | 4,025,318 | 3,921,234 |
| total assets | 11,405,000 | 9,862,000 | 8,918,154 | 6,748,031 | 6,510,584 | 3,346,751 | 7,062,110 | 6,475,010 | 5,290,489 | 4,989,908 | 4,775,002 | 4,480,509 | 4,298,604 | 4,061,007 | 3,970,049 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 229,000 | 502,000 | 233,712 | 53,000 | 322,513 | 84,629 | 39,079 | 8,301 | 20,330 | 44,494 | 559,317 | 457,543 | 7,790 | 24,221 | 5,869 |
| Group/Directors Accounts | 415,000 | 71,000 | 1,021,325 | 0 | 0 | 0 | 0 | 0 | 13,433 | 20,384 | 0 | 0 | 129,533 | 32,514 | 131,957 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 537,000 | 451,000 | 240,993 | 113,028 | 57,403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,890,000 | 1,595,000 | 1,137,560 | 881,324 | 815,136 | 1,727,881 | 827,041 | 1,334,773 | 552,151 | 487,747 | 0 | 0 | 245,085 | 291,600 | 148,391 |
| total current liabilities | 3,071,000 | 2,619,000 | 2,633,590 | 1,047,352 | 1,195,052 | 1,812,510 | 866,120 | 1,343,074 | 585,914 | 552,625 | 559,317 | 457,543 | 382,408 | 348,335 | 286,217 |
| loans | 0 | 0 | 0 | 6,937,474 | 6,882,842 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,313,000 | 2,790,000 | 1,375,178 | 3,468,737 | 3,441,421 | 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 | 0 |
| other liabilities | 0 | 0 | 1,803,506 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 111,000 | 86,000 | 60,417 | 70,834 | 220,272 | 160,000 | 160,000 | 128,000 | 48,000 | 32,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,424,000 | 2,876,000 | 3,239,101 | 3,504,154 | 3,551,557 | 80,000 | 80,000 | 64,000 | 48,000 | 32,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,495,000 | 5,495,000 | 5,872,691 | 4,551,506 | 4,746,609 | 1,892,510 | 946,120 | 1,407,074 | 633,914 | 584,625 | 559,317 | 457,543 | 382,408 | 348,335 | 286,217 |
| net assets | 5,910,000 | 4,367,000 | 3,045,463 | 2,196,525 | 1,763,975 | 1,454,241 | 6,115,990 | 5,067,936 | 4,656,575 | 4,405,283 | 4,215,685 | 4,022,966 | 3,916,196 | 3,712,672 | 3,683,832 |
| total shareholders funds | 5,910,000 | 4,367,000 | 3,045,463 | 2,196,525 | 1,763,975 | 1,454,241 | 6,115,990 | 5,067,936 | 4,656,575 | 4,405,283 | 4,215,685 | 4,022,966 | 3,916,196 | 3,712,672 | 3,683,832 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,688,000 | 1,663,000 | 1,147,776 | 369,648 | 841,134 | 511,578 | 307,939 | 158,271 | 232,048 | 191,670 | 144,394 | 62,585 | -4,206 | ||
| Depreciation | 159,000 | 160,000 | 563,671 | 589,481 | 318,987 | 69,086 | 102,855 | 132,124 | 123,635 | 10,975 | 86,804 | 35,088 | 29,926 | 39,279 | 48,331 |
| Amortisation | 377,000 | 409,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -457,000 | -314,000 | -214,282 | -86,219 | -228,977 | -136,440 | 538,799 | 171,368 | 290 | 3,082 | 49,294 | -43,146 | 64,849 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -594,000 | 687,999 | -160,995 | 250,035 | 371,703 | -78,347 | 67,123 | 250,281 | 80,776 | 288,319 | 70,611 | -13,583 | -21,780 | 64,877 | 70,981 |
| Creditors | -273,000 | 268,288 | 180,712 | -269,513 | 237,884 | 45,550 | 30,778 | -12,029 | -24,164 | -514,823 | 101,774 | 449,753 | -16,431 | 18,352 | 5,869 |
| Accruals and Deferred Income | 295,000 | 457,440 | 256,236 | 66,188 | -912,745 | 900,840 | -507,732 | 782,622 | 64,404 | 487,747 | 0 | -245,085 | -46,515 | 143,209 | 148,391 |
| Deferred Taxes & Provisions | 25,000 | 25,583 | -10,417 | -149,438 | 60,272 | 0 | 32,000 | 80,000 | 16,000 | 32,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,408,000 | 1,981,312 | 2,084,691 | 270,112 | -55,148 | 1,468,961 | 437,516 | 1,062,075 | 331,437 | -77,668 | 182,448 | 155,402 | 192,253 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 19,000 | -6,630 | 37,630 | 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 | 0 |
| Group/Directors Accounts | 344,000 | -950,325 | 1,021,325 | 0 | 0 | 0 | 0 | -13,433 | -6,951 | 20,384 | 0 | -129,533 | 97,019 | -99,443 | 131,957 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -6,937,474 | 54,632 | 6,882,842 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -391,000 | 1,624,829 | -1,965,594 | 82,941 | 3,498,824 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -1,803,506 | 1,803,506 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 312,000 | -27,000 | -84,356 | 149,121 | 335,828 | 32,368 | 201,316 | 81,722 | -18,954 | -18,686 | 9,836 | 9,401 | 14,300 | ||
| cash flow from financing | 265,000 | -1,156,465 | -6,162,793 | 286,694 | 10,717,494 | 32,368 | 201,316 | 68,289 | -25,905 | -22,142 | 106,855 | -90,042 | 3,755,146 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 2,570,000 | 661,882 | 2,749,967 | 231,732 | -617,438 | -3,572,630 | 25,155 | 915,472 | 295,135 | -79,710 | 51,835 | 191,187 | 230,953 | 39,207 | 3,850,253 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,570,000 | 661,882 | 2,749,967 | 231,732 | -617,438 | -3,572,630 | 25,155 | 915,472 | 295,135 | -79,710 | 51,835 | 191,187 | 230,953 | 39,207 | 3,850,253 |
etas limited Credit Report and Business Information
Etas Limited Competitor Analysis
Perform a competitor analysis for etas limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in UB9 area or any other competitors across 12 key performance metrics.
etas limited Ownership
ETAS LIMITED group structure
Etas Limited has no subsidiary companies.
Ultimate parent company
ROBERT BOSCH GMBH
#0002722
2 parents
ETAS LIMITED
03383737
etas limited directors
Etas Limited currently has 3 directors. The longest serving directors include Mr Nicholas Keeling (May 2006) and Mr Arun Srinivasan (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Keeling | England | 61 years | May 2006 | - | Director |
| Mr Arun Srinivasan | England | 65 years | Jun 2020 | - | Director |
| Ms Nicolet Eglseder | England | 45 years | Jul 2023 | - | Director |
P&L
December 2023turnover
20.2m
+23%
operating profit
1.7m
+2%
gross margin
49.8%
-3.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.9m
+0.35%
total assets
11.4m
+0.16%
cash
7.5m
+0.52%
net assets
Total assets minus all liabilities
Similar Companies
etas limited company details
company number
03383737
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
June 1997
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
etas engineering tools application and services limited (November 2007)
livedevices limited (July 2007)
accountant
-
auditor
ERNST & YOUNG LLP
address
c/o robert bosch ltd, broadwater, north orbital road, uxbridge, UB9 5HJ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
etas 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 etas limited.
etas limited Companies House Filings - See Documents
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