ethical trading initiative
ethical trading initiative Company Information
Company Number
03578127
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Activities of other membership organisations n.e.c.
Registered Address
lhb04 1-3 brixton road, kennington business park, london, SW9 6DE
Website
www.ethicaltrade.orgethical trading initiative Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TRADING INITIATIVE at £3.3m based on a Turnover of £3.2m and 1.05x industry multiple (adjusted for size and gross margin).
ethical trading initiative Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TRADING INITIATIVE at £336.4k based on an EBITDA of £47.8k and a 7.04x industry multiple (adjusted for size and gross margin).
ethical trading initiative Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL TRADING INITIATIVE at £2m based on Net Assets of £817.5k and 2.45x industry multiple (adjusted for liquidity).
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Ethical Trading Initiative Overview
Ethical Trading Initiative is a live company located in london, SW9 6DE with a Companies House number of 03578127. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in June 1998, it's largest shareholder is unknown. Ethical Trading Initiative is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.
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Ethical Trading Initiative Health Check
Pomanda's financial health check has awarded Ethical Trading Initiative a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
3 Weak
Size
annual sales of £3.2m, make it larger than the average company (£418k)
£3.2m - Ethical Trading Initiative
£418k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.5%)
- Ethical Trading Initiative
7.5% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (87.6%)
100% - Ethical Trading Initiative
87.6% - Industry AVG
Profitability
an operating margin of 1.3% make it as profitable than the average company (1.5%)
1.3% - Ethical Trading Initiative
1.5% - Industry AVG
Employees
with 24 employees, this is above the industry average (10)
24 - Ethical Trading Initiative
10 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ethical Trading Initiative
- - Industry AVG
Efficiency
resulting in sales per employee of £131.3k, this is more efficient (£51.9k)
£131.3k - Ethical Trading Initiative
£51.9k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (13 days)
10 days - Ethical Trading Initiative
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ethical Trading Initiative
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ethical Trading Initiative
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 87 weeks, this is less cash available to meet short term requirements (161 weeks)
87 weeks - Ethical Trading Initiative
161 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.3%, this is a higher level of debt than the average (18.6%)
34.3% - Ethical Trading Initiative
18.6% - Industry AVG
ETHICAL TRADING INITIATIVE financials
Ethical Trading Initiative's latest turnover from March 2024 is £3.2 million and the company has net assets of £817.5 thousand. According to their latest financial statements, Ethical Trading Initiative has 24 employees and maintains cash reserves of £722.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,150,818 | 3,211,828 | 3,377,449 | 3,175,418 | 3,065,961 | 4,072,347 | 3,825,366 | 3,446,820 | 2,427,801 | 1,182,178 | 1,112,220 | 746,758 | 1,031,722 | 1,471,585 | 1,332,580 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 3,150,818 | 3,211,828 | 3,377,449 | 3,175,418 | 3,065,961 | ||||||||||
| Admin Expenses | 3,111,036 | 3,432,368 | 3,059,059 | 3,090,251 | 3,061,706 | ||||||||||
| Operating Profit | 39,782 | -220,540 | 318,390 | 85,167 | 4,255 | -53,157 | 54,629 | 261,782 | 159,768 | 88,657 | 45,059 | -155,033 | -15,239 | 12,594 | -4,570 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 164 | 149 | 681 | 275 | 277 | 246 | |||||||||
| Pre-Tax Profit | 39,782 | -220,540 | 318,390 | 85,167 | 4,255 | -53,157 | 54,629 | 261,946 | 159,917 | 89,338 | 45,334 | -154,756 | -14,993 | 12,594 | -4,570 |
| Tax | -33 | -30 | -108 | 855 | |||||||||||
| Profit After Tax | 39,782 | -220,540 | 318,390 | 85,167 | 4,255 | -53,157 | 54,629 | 261,913 | 159,887 | 89,338 | 45,334 | -154,756 | -14,993 | 12,486 | -3,715 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 39,782 | -220,540 | 318,390 | 85,167 | 4,255 | -53,157 | 54,629 | 261,913 | 159,887 | 89,338 | 45,334 | -154,756 | -14,993 | 12,486 | -3,715 |
| Employee Costs | 869,197 | 776,636 | |||||||||||||
| Number Of Employees | 24 | 26 | 21 | 24 | 29 | 26 | 26 | 22 | 19 | ||||||
| EBITDA* | 47,763 | -215,006 | 324,339 | 94,839 | 16,420 | -39,895 | 66,553 | 268,161 | 164,867 | 92,791 | 49,249 | -143,132 | -744 | 30,180 | 13,372 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,865 | 23,009 | 18,304 | 4,453 | 14,125 | 25,534 | 31,722 | 34,797 | 9,859 | 12,781 | 6,868 | 8,275 | 17,613 | 28,029 | 37,067 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 42,865 | 48,009 | 43,304 | 29,453 | 39,125 | 25,534 | 31,722 | 34,797 | 9,859 | 12,781 | 6,868 | 8,275 | 17,613 | 28,029 | 37,067 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 90,287 | 32,237 | 303,467 | 244,272 | 504,107 | 959,979 | 798,668 | 577,764 | 452,540 | 108,403 | 242,981 | 512,108 | 331,150 | 257,158 | 158,682 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 389,179 | 216,224 | 140,826 | 30,068 | 89,013 | 60,114 | 81,360 | 14,099 | 22,356 | 38,653 | 69,550 | 18,286 | 10,335 | 13,474 | 33,679 |
| Cash | 722,640 | 904,885 | 1,169,007 | 1,674,637 | 793,775 | 525,915 | 423,702 | 602,931 | 478,017 | 679,881 | 512,954 | 119,096 | 39,786 | 237,584 | 383,060 |
| misc current assets | |||||||||||||||
| total current assets | 1,202,106 | 1,153,346 | 1,613,300 | 1,948,977 | 1,386,895 | 1,546,008 | 1,303,730 | 1,194,794 | 952,913 | 826,937 | 825,485 | 649,490 | 381,271 | 508,216 | 575,421 |
| total assets | 1,244,971 | 1,201,355 | 1,656,604 | 1,978,430 | 1,426,020 | 1,571,542 | 1,335,452 | 1,229,591 | 962,772 | 839,718 | 832,353 | 657,765 | 398,884 | 536,245 | 612,488 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 191,475 | 158,065 | 176,001 | 100,800 | 102,637 | 221,658 | 316,081 | 164,019 | 133,508 | 86,506 | 68,129 | 79,922 | 93,396 | 65,383 | 46,655 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 235,958 | 265,534 | 482,307 | 1,197,724 | 728,644 | 759,401 | 375,748 | 476,577 | 502,215 | 586,049 | 686,399 | 545,352 | 118,241 | 268,623 | 376,080 |
| total current liabilities | 427,433 | 423,599 | 658,308 | 1,298,524 | 831,281 | 981,059 | 691,829 | 640,596 | 635,723 | 672,555 | 754,528 | 625,274 | 211,637 | 334,006 | 422,735 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 427,433 | 423,599 | 658,308 | 1,298,524 | 831,281 | 981,059 | 691,829 | 640,596 | 635,723 | 672,555 | 754,528 | 625,274 | 211,637 | 334,006 | 422,735 |
| net assets | 817,538 | 777,756 | 998,296 | 679,906 | 594,739 | 590,483 | 643,623 | 588,995 | 327,049 | 167,163 | 77,825 | 32,491 | 187,247 | 202,239 | 189,753 |
| total shareholders funds | 817,538 | 777,756 | 998,296 | 679,906 | 594,739 | 590,483 | 643,623 | 588,995 | 327,049 | 167,163 | 77,825 | 32,491 | 187,247 | 202,239 | 189,753 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 39,782 | -220,540 | 318,390 | 85,167 | 4,255 | -53,157 | 54,629 | 261,782 | 159,768 | 88,657 | 45,059 | -155,033 | -15,239 | 12,594 | -4,570 |
| Depreciation | 7,981 | 5,534 | 5,949 | 9,672 | 12,165 | 13,262 | 11,924 | 6,379 | 5,099 | 4,134 | 4,190 | 11,901 | 14,495 | 17,586 | 17,942 |
| Amortisation | |||||||||||||||
| Tax | -33 | -30 | -108 | 855 | |||||||||||
| Stock | |||||||||||||||
| Debtors | 231,005 | -195,832 | 169,953 | -318,780 | -426,973 | 140,065 | 288,165 | 116,967 | 327,840 | -165,475 | -217,863 | 188,909 | 70,853 | 78,271 | 192,361 |
| Creditors | 33,410 | -17,936 | 75,201 | -1,837 | -119,021 | -94,423 | 152,062 | 30,511 | 47,002 | 18,377 | -11,793 | -13,474 | 28,013 | 18,728 | 46,655 |
| Accruals and Deferred Income | -29,576 | -216,773 | -715,417 | 469,080 | -30,757 | 383,653 | -100,829 | -25,638 | -83,834 | -100,350 | 141,047 | 427,111 | -150,382 | -107,457 | 376,080 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -179,408 | -253,883 | -485,830 | 880,862 | 293,615 | 109,270 | -170,379 | 156,034 | -199,835 | 176,293 | 396,366 | 81,596 | -193,966 | -136,928 | 244,601 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 25,000 | ||||||||||||||
| 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 | |||||||||||||||
| share issue | |||||||||||||||
| interest | 164 | 149 | 681 | 275 | 277 | 246 | |||||||||
| cash flow from financing | 1 | 17 | -1 | 197 | 148 | 681 | 275 | 277 | 247 | 193,468 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -182,245 | -264,122 | -505,630 | 880,862 | 267,860 | 102,213 | -179,229 | 124,914 | -201,864 | 166,927 | 393,858 | 79,310 | -197,798 | -145,476 | 383,060 |
| overdraft | |||||||||||||||
| change in cash | -182,245 | -264,122 | -505,630 | 880,862 | 267,860 | 102,213 | -179,229 | 124,914 | -201,864 | 166,927 | 393,858 | 79,310 | -197,798 | -145,476 | 383,060 |
ethical trading initiative Credit Report and Business Information
Ethical Trading Initiative Competitor Analysis
Perform a competitor analysis for ethical trading initiative by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SW9 area or any other competitors across 12 key performance metrics.
ethical trading initiative Ownership
ETHICAL TRADING INITIATIVE group structure
Ethical Trading Initiative has no subsidiary companies.
Ultimate parent company
ETHICAL TRADING INITIATIVE
03578127
ethical trading initiative directors
Ethical Trading Initiative currently has 14 directors. The longest serving directors include Mr Somiruwan Subasinghe (Oct 2018) and Mr Stephen Russell (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Somiruwan Subasinghe | England | 41 years | Oct 2018 | - | Director |
| Mr Stephen Russell | England | 53 years | Oct 2018 | - | Director |
| Ms Evelyn Astor | Belgium | 36 years | Oct 2020 | - | Director |
| Mr Alistair Smith | France | 65 years | Oct 2020 | - | Director |
| Ms Sophie Brill | England | 40 years | Dec 2020 | - | Director |
| Ms Rebecca Reese | England | 49 years | Oct 2021 | - | Director |
| Mr Mayank Kaushik | England | 45 years | Dec 2021 | - | Director |
| Ms Samantha Ludlow Taylor | England | 43 years | Dec 2023 | - | Director |
| Ms Elisa Morosoli | England | 41 years | Dec 2023 | - | Director |
| Mr Giles Bolton | England | 52 years | Jul 2024 | - | Director |
P&L
March 2024turnover
3.2m
-2%
operating profit
39.8k
-118%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
817.5k
+0.05%
total assets
1.2m
+0.04%
cash
722.6k
-0.2%
net assets
Total assets minus all liabilities
ethical trading initiative company details
company number
03578127
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
June 1998
age
27
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MENZIES LLP
address
lhb04 1-3 brixton road, kennington business park, london, SW9 6DE
Bank
-
Legal Advisor
-
ethical trading initiative 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 found 1 charges/mortgages relating to ethical trading initiative. Currently there are 1 open charges and 0 have been satisfied in the past.
ethical trading initiative 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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ethical trading initiative Companies House Filings - See Documents
| date | description | view/download |
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