emice limited

2

emice limited Company Information

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Company Number

03807991

Website

-

Registered Address

bank house broad street, spalding, lincolnshire, PE11 1TB

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

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Directors

Richard Crossland25 Years

Shareholders

richard john crossland 100%

emice limited Estimated Valuation

£29.7k

Pomanda estimates the enterprise value of EMICE LIMITED at £29.7k based on a Turnover of £66k and 0.45x industry multiple (adjusted for size and gross margin).

emice limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EMICE LIMITED at £0 based on an EBITDA of £-2.5k and a 3.8x industry multiple (adjusted for size and gross margin).

emice limited Estimated Valuation

£47.7k

Pomanda estimates the enterprise value of EMICE LIMITED at £47.7k based on Net Assets of £16.2k and 2.93x industry multiple (adjusted for liquidity).

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Emice Limited Overview

Emice Limited is a live company located in lincolnshire, PE11 1TB with a Companies House number of 03807991. It operates in the other engineering activities sector, SIC Code 71129. Founded in July 1999, it's largest shareholder is richard john crossland with a 100% stake. Emice Limited is a mature, micro sized company, Pomanda has estimated its turnover at £66k with low growth in recent years.

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Emice Limited Health Check

Pomanda's financial health check has awarded Emice Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £66k, make it smaller than the average company (£2.5m)

£66k - Emice Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.5%)

1% - Emice Limited

8.5% - Industry AVG

production

Production

with a gross margin of 21.9%, this company has a higher cost of product (34.7%)

21.9% - Emice Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (5.7%)

-3.8% - Emice Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (22)

1 - Emice Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Emice Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66k, this is less efficient (£121.1k)

£66k - Emice Limited

£121.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 116 days, this is later than average (69 days)

116 days - Emice Limited

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (28 days)

64 days - Emice Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Emice Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Emice Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.9%, this is a lower level of debt than the average (56%)

35.9% - Emice Limited

56% - Industry AVG

EMICE LIMITED financials

EXPORTms excel logo

Emice Limited's latest turnover from March 2024 is estimated at £66 thousand and the company has net assets of £16.2 thousand. According to their latest financial statements, Emice Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover65,97395,57581,00664,63749,69746,51867,72023,05425,58630,53825,34920,03017,38720,38423,500
Other Income Or Grants000000000000000
Cost Of Sales51,50177,51767,13854,31541,48937,89855,57118,42320,31923,89320,10815,65113,38615,38318,129
Gross Profit14,47218,05813,86810,3228,2088,62012,1484,6315,2676,6455,2404,3794,0015,0015,371
Admin Expenses16,97913,931-34,39617,59511,52818,59519,3012206,04611,1037,6396,6796,712-3,929-3,517
Operating Profit-2,5074,12748,264-7,273-3,320-9,975-7,1534,411-779-4,458-2,399-2,300-2,7118,9308,888
Interest Payable000000000000000
Interest Receivable00000947344443494542266
Pre-Tax Profit-2,5074,12748,264-7,273-3,320-9,966-7,1064,445-735-4,415-2,350-2,255-2,6698,9568,894
Tax0-784-9,1700000-88900000-2,508-2,490
Profit After Tax-2,5073,34339,094-7,273-3,320-9,966-7,1063,556-735-4,415-2,350-2,255-2,6696,4486,404
Dividends Paid000000000000000
Retained Profit-2,5073,34339,094-7,273-3,320-9,966-7,1063,556-735-4,415-2,350-2,255-2,6696,4486,404
Employee Costs48,85548,88847,64844,40044,68646,57843,79544,06445,78846,04944,91542,74841,60739,32339,286
Number Of Employees111111111111111
EBITDA*-2,5074,12748,264-7,273-3,320-9,975-6,1005,563482-2,984-955-705-74111,04911,118

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,2464,7185,4636,2667,1348,0748,1559,20810,36011,63012,28013,72415,40717,03718,706
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,2464,7185,4636,2667,1348,0748,1559,20810,36011,63012,28013,72415,40717,03718,706
Stock & work in progress000000000000000
Trade Debtors21,08536,63528,9414,5711,1811,23301,5431,2781,4581,4381,1751,4632,6722,538
Group Debtors000000000000000
Misc Debtors000000260248212000000
Cash0000002,48516,26310,6126,81010,4879,0928,9497,9042,444
misc current assets000000000000000
total current assets21,08536,63528,9414,5711,1811,2332,74518,05412,1028,26811,92510,26710,41210,5764,982
total assets25,33141,35334,40410,8378,3159,30710,90027,26222,46219,89824,20523,99125,81927,61323,688
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 9,08222,59718,99134,51824,72322,395055224216,96516,85114,14813,56812,62215,022
Group/Directors Accounts00000010,5499,51112,344000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000002,21211,8197,831000000
total current liabilities9,08222,59718,99134,51824,72322,39512,76121,88220,41716,96516,85114,14813,56812,62215,022
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0000001,2561,3911,6121,7651,7711,9102,0632,1342,257
total long term liabilities0000001,2561,3911,6121,7651,7711,9102,0632,1342,257
total liabilities9,08222,59718,99134,51824,72322,39514,01723,27322,02918,73018,62216,05815,63114,75617,279
net assets16,24918,75615,413-23,681-16,408-13,088-3,1173,9894331,1685,5837,93310,18812,8576,409
total shareholders funds16,24918,75615,413-23,681-16,408-13,088-3,1173,9894331,1685,5837,93310,18812,8576,409
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-2,5074,12748,264-7,273-3,320-9,975-7,1534,411-779-4,458-2,399-2,300-2,7118,9308,888
Depreciation0000001,0531,1521,2611,4741,4441,5951,9702,1192,230
Amortisation000000000000000
Tax0-784-9,1700000-88900000-2,508-2,490
Stock000000000000000
Debtors-15,5507,69424,3703,390-52973-1,5313013220263-288-1,2091342,538
Creditors-13,5153,606-15,5279,7952,32822,395-552310-16,7231142,703580946-2,40015,022
Accruals and Deferred Income00000-2,212-9,6073,9887,831000000
Deferred Taxes & Provisions00000-1,256-135-221-153-6-139-153-71-1232,257
Cash flow from operations-472-745-803-868-9407,979-14,8638,450-8,595-2,8961,346101,3435,88423,369
Investing Activities
capital expenditure47274580386894081009-824088-340-450-20,936
Change in Investments000000000000000
cash flow from investments47274580386894081009-824088-340-450-20,936
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000-10,5491,038-2,83312,344000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000-5000000005
interest00000947344443494542266
cash flow from financing00000-10,5451,085-2,79912,388434945422611
cash and cash equivalents
cash00000-2,485-13,7785,6513,802-3,6771,3951431,0455,4602,444
overdraft000000000000000
change in cash00000-2,485-13,7785,6513,802-3,6771,3951431,0455,4602,444

emice 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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Emice Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for emice limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PO5 area or any other competitors across 12 key performance metrics.

emice limited Ownership

EMICE LIMITED group structure

Emice Limited has no subsidiary companies.

Ultimate parent company

EMICE LIMITED

03807991

EMICE LIMITED Shareholders

richard john crossland 100%

emice limited directors

Emice Limited currently has 1 director, Mr Richard Crossland serving since Jul 1999.

officercountryagestartendrole
Mr Richard Crossland60 years Jul 1999- Director

P&L

March 2024

turnover

66k

-31%

operating profit

-2.5k

0%

gross margin

22%

+16.1%

turnover

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

Balance Sheet

March 2024

net assets

16.2k

-0.13%

total assets

25.3k

-0.39%

cash

0

0%

net assets

Total assets minus all liabilities

emice limited company details

company number

03807991

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

July 1999

age

25

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

MOORE THOMPSON

auditor

-

address

bank house broad street, spalding, lincolnshire, PE11 1TB

Bank

-

Legal Advisor

-

emice 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 emice limited.

charges

emice limited Companies House Filings - See Documents

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