eclipse colours limited

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eclipse colours limited Company Information

Share ECLIPSE COLOURS LIMITED

Company Number

03715432

Shareholders

james ferguson ruddy

richard john bottomley

Group Structure

View All

Industry

Manufacture of other chemical products n.e.c.

 

Registered Address

hillam road, bradford, west yorkshire, BD2 1QN

eclipse colours limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of ECLIPSE COLOURS LIMITED at £2.1m based on a Turnover of £3.4m and 0.6x industry multiple (adjusted for size and gross margin).

eclipse colours limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of ECLIPSE COLOURS LIMITED at £1.8m based on an EBITDA of £470.8k and a 3.93x industry multiple (adjusted for size and gross margin).

eclipse colours limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ECLIPSE COLOURS LIMITED at £3.6m based on Net Assets of £1.9m and 1.93x industry multiple (adjusted for liquidity).

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Eclipse Colours Limited Overview

Eclipse Colours Limited is a live company located in west yorkshire, BD2 1QN with a Companies House number of 03715432. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in February 1999, it's largest shareholder is james ferguson ruddy with a 85% stake. Eclipse Colours Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with healthy growth in recent years.

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Eclipse Colours Limited Health Check

Pomanda's financial health check has awarded Eclipse Colours Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

3 Strong

positive_score

6 Regular

positive_score

3 Weak

size

Size

annual sales of £3.4m, make it smaller than the average company (£19.9m)

£3.4m - Eclipse Colours Limited

£19.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.7%)

7% - Eclipse Colours Limited

7.7% - Industry AVG

production

Production

with a gross margin of 31.8%, this company has a comparable cost of product (31.8%)

31.8% - Eclipse Colours Limited

31.8% - Industry AVG

profitability

Profitability

an operating margin of 10.9% make it more profitable than the average company (6.5%)

10.9% - Eclipse Colours Limited

6.5% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (58)

11 - Eclipse Colours Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.4k, the company has an equivalent pay structure (£55.4k)

£55.4k - Eclipse Colours Limited

£55.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £313.1k, this is equally as efficient (£358.1k)

£313.1k - Eclipse Colours Limited

£358.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (49 days)

77 days - Eclipse Colours Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is close to average (36 days)

40 days - Eclipse Colours Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 54 days, this is in line with average (64 days)

54 days - Eclipse Colours Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (17 weeks)

21 weeks - Eclipse Colours Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.5%, this is a lower level of debt than the average (36.2%)

27.5% - Eclipse Colours Limited

36.2% - Industry AVG

ECLIPSE COLOURS LIMITED financials

EXPORTms excel logo

Eclipse Colours Limited's latest turnover from August 2024 is estimated at £3.4 million and the company has net assets of £1.9 million. According to their latest financial statements, Eclipse Colours Limited has 11 employees and maintains cash reserves of £236.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover3,443,5962,875,0602,615,6912,790,6121,982,9761,632,4242,039,8662,310,6432,078,7352,441,4502,597,9524,237,5872,615,3812,166,8132,011,658
Other Income Or Grants
Cost Of Sales2,348,6812,026,0771,811,1431,851,1361,320,2151,121,8321,408,6171,548,7681,432,3311,708,7421,833,2683,032,8111,888,5541,558,1981,428,689
Gross Profit1,094,915848,983804,548939,476662,761510,592631,250761,876646,404732,708764,6841,204,776726,827608,616582,969
Admin Expenses718,694701,021824,470363,395565,262575,265694,146758,856778,125800,243795,0041,032,287336,271625,814411,056-638,047
Operating Profit376,221147,962-19,922576,08197,499-64,673-62,8963,020-131,721-67,535-30,320172,489390,556-17,198171,913638,047
Interest Payable13,56310,6757,22014,44014,44014,4407,220
Interest Receivable7,0937,4824,3273653942,2032,0267781,0192,0951,6931,7131,5271,0141,037585
Pre-Tax Profit383,315155,444-29,158565,77097,893-62,470-60,8703,798-130,702-65,440-28,627166,982377,643-30,624158,510631,413
Tax-95,829-38,861-107,496-18,600-722-38,406-90,634-44,383-176,795
Profit After Tax287,486116,583-29,158458,27479,293-62,470-60,8703,076-130,702-65,440-28,627128,576287,009-30,624114,127454,617
Dividends Paid
Retained Profit287,486116,583-29,158458,27479,293-62,470-60,8703,076-130,702-65,440-28,627128,576287,009-30,624114,127454,617
Employee Costs609,884620,354525,402521,156513,459372,132377,492678,024670,944665,588437,234706,148455,835373,015351,055
Number Of Employees11121111118815151510171199
EBITDA*470,803251,81873,197627,204167,47113,6195,54175,487-55,16519,86673,690256,721459,58444,660243,582696,207

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets900,031937,570932,581861,960269,027320,924321,451351,254381,947382,995479,643364,484297,300235,655251,139210,448
Intangible Assets12,49929,16645,83320,74241,48062,21882,956103,694124,432145,170165,908186,644207,382228,118
Investments & Other298,792298,792298,792208,792222,151222,151222,151222,151222,151222,151222,151222,151
Debtors (Due After 1 year)
Total Fixed Assets1,211,3221,265,5281,277,2061,070,752269,027341,666362,931413,472687,054708,840826,226731,805685,359644,450680,672660,717
Stock & work in progress349,233269,656293,248332,301216,571218,564173,442198,064166,410137,524148,315158,685138,124115,506114,26792,235
Trade Debtors733,530587,124668,152702,820388,543356,647528,410475,927360,717500,563594,394964,858598,096490,747505,288370,709
Group Debtors
Misc Debtors51,28744,14139,54076,78624,39230,46036,54029,07260,39417,182
Cash236,93446,799238,245256,235472,975314,437273,011267,130354,945460,008378,121299,046386,143224,846180,620234,024
misc current assets
total current assets1,370,984947,7201,239,1851,368,1421,102,481920,1081,011,403970,193942,4661,115,2771,120,8301,422,5891,122,363831,099800,175696,968
total assets2,582,3062,213,2482,516,3912,438,8941,371,5081,261,7741,374,3341,383,6651,629,5201,824,1171,947,0562,154,3941,807,7221,475,5491,480,8471,357,685
Bank overdraft
Bank loan23,333
Trade Creditors 258,710178,103188,358259,186108,216110,674156,346133,536157,590132,788376,653570,609362,894338,631301,257308,620
Group/Directors Accounts190,000
other short term finances
hp & lease commitments
other current liabilities308,128297,708521,774203,037200,858159,749159,643124,780121,090203,686
total current liabilities566,838475,811900,132485,556309,074270,423315,989258,316278,680336,474376,653570,609362,894338,631301,257308,620
loans326,667222,151222,151222,151222,151
hp & lease commitments
Accruals and Deferred Income
other liabilities222,151222,151226,929239,77115,40583310,8332,223
provisions144,318153,773149,178130,43224,46932,67937,20343,33749,75355,85468,39640,30932,14325,81427,86220,074
total long term liabilities144,318153,773149,178457,09924,46932,67937,20343,337271,904278,005295,325280,080269,699248,798260,846244,448
total liabilities711,156629,5841,049,310942,655333,543303,102353,192301,653550,584614,479671,978850,689632,593587,429562,103553,068
net assets1,871,1501,583,6641,467,0811,496,2391,037,965958,6721,021,1421,082,0121,078,9361,209,6381,275,0781,303,7051,175,129888,120918,744804,617
total shareholders funds1,871,1501,583,6641,467,0811,496,2391,037,965958,6721,021,1421,082,0121,078,9361,209,6381,275,0781,303,7051,175,129888,120918,744804,617
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit376,221147,962-19,922576,08197,499-64,673-62,8963,020-131,721-67,535-30,320172,489390,556-17,198171,913638,047
Depreciation77,91587,18988,95251,12349,23057,55447,69951,72955,81866,66383,27263,49448,29241,12050,93337,420
Amortisation16,66716,6674,16720,74220,73820,73820,73820,73820,73820,73820,73820,73620,73820,73620,740
Tax-95,829-38,861-107,496-18,600-722-38,406-90,634-44,383-176,795
Stock79,577-23,592-39,053115,730-1,99345,122-24,62231,65428,886-10,791-10,37020,56122,6181,23922,03292,235
Debtors153,552-76,427-71,914366,67125,828-177,84359,95183,888-96,634-76,649-370,464366,762107,349-14,541134,579370,709
Creditors80,607-10,255-70,828150,970-2,458-45,67222,810-24,05424,802-243,865-193,956207,71524,26337,374-7,363308,620
Accruals and Deferred Income10,420-224,066318,7372,17941,10910634,8633,690-82,596203,686
Deferred Taxes & Provisions-9,4554,59518,746105,963-8,210-4,524-6,134-6,416-6,101-12,54228,0878,1666,329-2,0487,78820,074
Cash flow from operations223,41783,250450,819296,419155,47796,25021,751-67,557-51,31254,585288,65546,873269,57593,28843,013385,162
Investing Activities
capital expenditure-40,376-92,178-209,573-644,0562,667-57,027-17,896-21,036-54,77029,985-198,431-130,678-109,937-25,636-91,624-496,726
Change in Investments90,000208,792-222,151222,151
cash flow from investments-40,376-92,178-299,573-852,8482,667-57,027-17,896201,115-54,77029,985-198,431-130,678-109,937-25,636-91,624-718,877
Financing Activities
Bank loans-23,33323,333
Group/Directors Accounts-190,000190,000
Other Short Term Loans
Long term loans-326,667326,667-222,151222,151
Hire Purchase and Lease Commitments
other long term liabilities-222,151-4,778-12,842224,36614,572-10,0008,6102,223
share issue350,000
interest7,0937,482-9,236-10,3103942,2032,0267781,0192,0951,693-5,507-12,913-13,426-13,403-6,635
cash flow from financing7,093-182,518-169,236339,6903942,2032,026-221,3731,019-2,683-11,149-3,2921,659-23,426-4,793567,739
cash and cash equivalents
cash190,135-191,446-17,990-216,740158,53841,4265,881-87,815-105,06381,88779,075-87,097161,29744,226-53,404234,024
overdraft
change in cash190,135-191,446-17,990-216,740158,53841,4265,881-87,815-105,06381,88779,075-87,097161,29744,226-53,404234,024

eclipse colours 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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Eclipse Colours Limited Competitor Analysis

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Perform a competitor analysis for eclipse colours limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BD2 area or any other competitors across 12 key performance metrics.

eclipse colours limited Ownership

ECLIPSE COLOURS LIMITED group structure

Eclipse Colours Limited has 6 subsidiary companies.

ECLIPSE COLOURS LIMITED Shareholders

james ferguson ruddy 85%
richard john bottomley 15%

eclipse colours limited directors

Eclipse Colours Limited currently has 2 directors. The longest serving directors include Mr James Ruddy (Mar 1999) and Mr Richard Bottomley (Dec 2024).

officercountryagestartendrole
Mr James Ruddy53 years Mar 1999- Director
Mr Richard Bottomley71 years Dec 2024- Director

P&L

August 2024

turnover

3.4m

+20%

operating profit

376.2k

0%

gross margin

31.8%

+7.68%

turnover

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

Balance Sheet

August 2024

net assets

1.9m

+0.18%

total assets

2.6m

+0.17%

cash

236.9k

+4.06%

net assets

Total assets minus all liabilities

eclipse colours limited company details

company number

03715432

Type

Private limited with Share Capital

industry

20590 - Manufacture of other chemical products n.e.c.

incorporation date

February 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2024

previous names

takeshade limited (May 2000)

accountant

-

auditor

-

address

hillam road, bradford, west yorkshire, BD2 1QN

Bank

BARCLAYS BANK PLC

Legal Advisor

-

eclipse colours 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 found 6 charges/mortgages relating to eclipse colours limited. Currently there are 0 open charges and 6 have been satisfied in the past.

eclipse colours limited 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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eclipse colours limited Companies House Filings - See Documents

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