etchco 1115 limited Company Information
Company Number
04285509
Website
-Registered Address
3 the courtyard harris business, hanbury road, bromsgrove, B60 4DJ
Industry
Activities of head offices
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
trevor alan foster 50%
mark hackett 50%
etchco 1115 limited Estimated Valuation
Pomanda estimates the enterprise value of ETCHCO 1115 LIMITED at £220.4k based on a Turnover of £325.4k and 0.68x industry multiple (adjusted for size and gross margin).
etchco 1115 limited Estimated Valuation
Pomanda estimates the enterprise value of ETCHCO 1115 LIMITED at £0 based on an EBITDA of £-120 and a 4.54x industry multiple (adjusted for size and gross margin).
etchco 1115 limited Estimated Valuation
Pomanda estimates the enterprise value of ETCHCO 1115 LIMITED at £321.5k based on Net Assets of £119.9k and 2.68x industry multiple (adjusted for liquidity).
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Etchco 1115 Limited Overview
Etchco 1115 Limited is a dissolved company that was located in bromsgrove, B60 4DJ with a Companies House number of 04285509. It operated in the activities of head offices sector, SIC Code 70100. Founded in September 2001, it's largest shareholder was trevor alan foster with a 50% stake. The last turnover for Etchco 1115 Limited was estimated at £325.4k.
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Etchco 1115 Limited Health Check
Pomanda's financial health check has awarded Etchco 1115 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £325.4k, make it smaller than the average company (£18.3m)
- Etchco 1115 Limited
£18.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2%)
- Etchco 1115 Limited
2% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
- Etchco 1115 Limited
32.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4%)
- Etchco 1115 Limited
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (124)
2 - Etchco 1115 Limited
124 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)
- Etchco 1115 Limited
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is equally as efficient (£162.7k)
- Etchco 1115 Limited
£162.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Etchco 1115 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Etchco 1115 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Etchco 1115 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Etchco 1115 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a lower level of debt than the average (60.4%)
30% - Etchco 1115 Limited
60.4% - Industry AVG
ETCHCO 1115 LIMITED financials
Etchco 1115 Limited's latest turnover from December 2020 is estimated at £325.4 thousand and the company has net assets of £119.9 thousand. According to their latest financial statements, Etchco 1115 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 6,615,922 | 7,808,257 | 7,737,105 | 6,998,239 | ||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||
Cost Of Sales | 5,944,311 | 6,944,147 | 6,875,396 | 6,192,617 | ||||||||
Gross Profit | 671,611 | 864,110 | 861,709 | 805,622 | ||||||||
Admin Expenses | 422,025 | 442,836 | 440,219 | 453,685 | ||||||||
Operating Profit | 249,586 | 421,274 | 421,490 | 351,937 | ||||||||
Interest Payable | 205 | 17 | 1,770 | 1,651 | ||||||||
Interest Receivable | 0 | 2 | 0 | 721 | ||||||||
Pre-Tax Profit | 249,381 | 421,259 | 419,720 | 351,007 | ||||||||
Tax | -57,556 | -103,389 | -108,695 | -98,722 | ||||||||
Profit After Tax | 191,825 | 317,870 | 311,025 | 252,285 | ||||||||
Dividends Paid | 176,600 | 165,204 | 194,000 | 214,834 | ||||||||
Retained Profit | 15,225 | 152,666 | 117,025 | 37,451 | ||||||||
Employee Costs | 311,349 | 453,129 | ||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 16 | 21 | ||||||
EBITDA* | 264,454 | 438,049 | 438,841 | 368,844 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,352 | 104,470 | 102,745 | 111,007 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 161,303 | 91,352 | 104,470 | 102,745 | 111,007 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 744,888 | 504,700 | 618,588 | 439,461 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 123 | 0 | 1,496,839 | 1,667,273 | 1,686,234 | 1,471,455 |
Group Debtors | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 0 | 0 | 25,112 | 25,112 | 217,350 | 59,807 |
Misc Debtors | 0 | 123 | 123 | 123 | 123 | 123 | 0 | 0 | 141,391 | 99,169 | 53,906 | 85,335 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 684,541 | 493,491 | 249,133 | 78,483 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 10,000 | 10,123 | 10,123 | 10,123 | 10,123 | 10,123 | 123 | 0 | 3,092,771 | 2,789,745 | 2,825,211 | 2,134,541 |
total assets | 171,303 | 171,426 | 171,426 | 171,426 | 171,426 | 171,426 | 161,426 | 161,303 | 3,184,123 | 2,894,215 | 2,927,956 | 2,245,548 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75,063 | 0 | 109,346 | 7,331 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 141,426 | 141,303 | 1,873,711 | 1,796,882 | 1,544,265 | 1,393,914 |
Group/Directors Accounts | 51,423 | 51,423 | 51,423 | 31,423 | 81,423 | 141,423 | 0 | 0 | 0 | 1,932 | 206,091 | 3,086 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 3 | 3 | 3 | 3 | 3 | 0 | 0 | 150,573 | 141,370 | 139,339 | 192,412 |
total current liabilities | 51,423 | 51,426 | 51,426 | 31,426 | 81,426 | 141,426 | 141,426 | 141,303 | 2,099,347 | 1,940,184 | 1,999,041 | 1,596,743 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 152,342 | 34,477 | 164,197 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,236 | 16,581 | 14,411 | 15,520 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166,578 | 51,058 | 178,608 | 15,520 |
total liabilities | 51,423 | 51,426 | 51,426 | 31,426 | 81,426 | 141,426 | 141,426 | 141,303 | 2,265,925 | 1,991,242 | 2,177,649 | 1,612,263 |
net assets | 119,880 | 120,000 | 120,000 | 140,000 | 90,000 | 30,000 | 20,000 | 20,000 | 918,198 | 902,973 | 750,307 | 633,285 |
total shareholders funds | 119,880 | 120,000 | 120,000 | 140,000 | 90,000 | 30,000 | 20,000 | 20,000 | 918,198 | 902,973 | 750,307 | 633,285 |
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 | 249,586 | 421,274 | 421,490 | 351,937 | ||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,868 | 16,775 | 17,351 | 16,907 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -57,556 | -103,389 | -108,695 | -98,722 | ||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -744,888 | 240,188 | -113,888 | 179,127 | 439,461 |
Debtors | -123 | 0 | 0 | 0 | 0 | 10,000 | 123 | -1,663,342 | -128,212 | -165,936 | 340,893 | 1,616,597 |
Creditors | 0 | 0 | 0 | 0 | 0 | -141,426 | 123 | -1,732,408 | 76,829 | 252,617 | 150,351 | 1,393,914 |
Accruals and Deferred Income | -3 | 0 | 0 | 0 | 0 | 3 | 0 | -150,573 | 9,203 | 2,031 | -53,073 | 192,412 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,236 | -2,345 | 2,170 | -1,109 | 15,520 |
Cash flow from operations | 178,609 | 871,302 | -93,705 | -184,090 | ||||||||
Investing Activities | ||||||||||||
capital expenditure | -17,983 | -5,172 | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161,303 | 0 | 0 | 0 | 0 |
cash flow from investments | -17,983 | -5,172 | ||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 20,000 | -50,000 | -60,000 | 141,423 | 0 | 0 | -1,932 | -204,159 | 203,005 | 3,086 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -152,342 | 117,865 | -129,720 | 164,197 | 0 |
share issue | ||||||||||||
interest | -205 | -15 | -1,770 | -930 | ||||||||
cash flow from financing | 115,728 | -333,894 | 365,429 | 597,990 | ||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -684,541 | 191,050 | 244,358 | 170,650 | 78,483 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75,063 | 75,063 | -109,346 | 102,015 | 7,331 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -609,478 | 115,987 | 353,704 | 68,635 | 71,152 |
etchco 1115 limited Credit Report and Business Information
Etchco 1115 Limited Competitor Analysis
Perform a competitor analysis for etchco 1115 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in B60 area or any other competitors across 12 key performance metrics.
etchco 1115 limited Ownership
ETCHCO 1115 LIMITED group structure
Etchco 1115 Limited has 2 subsidiary companies.
Ultimate parent company
ETCHCO 1115 LIMITED
04285509
2 subsidiaries
etchco 1115 limited directors
Etchco 1115 Limited currently has 2 directors. The longest serving directors include Mr Mark Hackett (Dec 2001) and Mr Trevor Foster (Dec 2001).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Hackett | 63 years | Dec 2001 | - | Director | |
Mr Trevor Foster | England | 54 years | Dec 2001 | - | Director |
P&L
December 2020turnover
325.4k
-4%
operating profit
-120
0%
gross margin
32.3%
-0.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
119.9k
0%
total assets
171.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
etchco 1115 limited company details
company number
04285509
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2001
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2020
previous names
N/A
accountant
WJW ACCOUNTANCY SERVICES LIMITED
auditor
-
address
3 the courtyard harris business, hanbury road, bromsgrove, B60 4DJ
Bank
HSBC BANK PLC
Legal Advisor
-
etchco 1115 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 etchco 1115 limited.
etchco 1115 limited Companies House Filings - See Documents
date | description | view/download |
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