Pomanda estimates the enterprise value of EAST LONDON ITEC LIMITED at £280.9k based on a Turnover of £532.3k and 0.53x industry multiple (adjusted for size and gross margin).
east london itec limitedEstimated Valuation
£140.5k
Pomanda estimates the enterprise value of EAST LONDON ITEC LIMITED at £140.5k based on an EBITDA of £39.5k and a 3.56x industry multiple (adjusted for size and gross margin).
east london itec limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of EAST LONDON ITEC LIMITED at £1.2m based on Net Assets of £419k and 2.75x industry multiple (adjusted for liquidity).
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East London Itec LimitedOverview
East London Itec Limited is a dissolved company that was located in london, E14 5NR with a Companies House number of 04386373. It operated in the technical and vocational secondary education sector, SIC Code 85320. Founded in March 2002, it's largest shareholder was
unknown.
The last turnover for East London Itec Limited was estimated at £532.3k.
Pomanda's financial health check has awarded East London Itec Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £532.3k, make it smaller than the average company (£750.5k)
£532.3k - East London Itec Limited
£750.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (1.4%)
66% - East London Itec Limited
1.4% - Industry AVG
Production
with a gross margin of 32.3%, this company has a higher cost of product (46.5%)
32.3% - East London Itec Limited
46.5% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (6.2%)
6.8% - East London Itec Limited
6.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (25)
6 - East London Itec Limited
25 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)
£25.4k - East London Itec Limited
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £88.7k, this is more efficient (£54.3k)
£88.7k - East London Itec Limited
£54.3k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (30 days)
70 days - East London Itec Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (33 days)
73 days - East London Itec Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - East London Itec Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 49 weeks, this is less cash available to meet short term requirements (62 weeks)
49 weeks - East London Itec Limited
62 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (33.3%)
14.8% - East London Itec Limited
33.3% - Industry AVG
EAST LONDON ITEC LIMITED financials
EXPORT
East London Itec Limited's latest turnover from March 2013 is estimated at £532.3 thousand and the company has net assets of £419 thousand. According to their latest financial statements, we estimate that East London Itec Limited has 6 employees and maintains cash reserves of £69.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
532,298
386,754
182,231
117,073
Other Income Or Grants
Cost Of Sales
360,475
261,729
113,477
73,902
Gross Profit
171,823
125,025
68,754
43,172
Admin Expenses
135,744
-24,683
117,890
-341,084
Operating Profit
36,079
149,708
-49,136
384,256
Interest Payable
Interest Receivable
212
15
105
Pre-Tax Profit
36,291
149,723
-49,136
384,361
Tax
-8,710
15,120
-107,621
Profit After Tax
27,581
164,843
-49,136
276,740
Dividends Paid
Retained Profit
27,581
164,843
-49,136
276,740
Employee Costs
152,325
181,604
192,664
52,666
Number Of Employees
6
4
2
2
EBITDA*
39,462
155,672
-41,184
394,859
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
23,564
26,297
32,261
40,213
Intangible Assets
Investments & Other
295,380
295,380
295,380
295,380
Debtors (Due After 1 year)
Total Fixed Assets
318,944
321,677
327,641
335,593
Stock & work in progress
Trade Debtors
103,311
79,818
6,762
Group Debtors
Misc Debtors
47,964
21,994
Cash
69,243
15,599
16,290
42,046
misc current assets
total current assets
172,554
143,381
38,284
48,808
total assets
491,498
465,058
365,925
384,401
Bank overdraft
Bank loan
Trade Creditors
72,505
107,661
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
73,646
139,356
total current liabilities
72,505
73,646
139,356
107,661
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
72,505
73,646
139,356
107,661
net assets
418,993
391,412
226,569
276,740
total shareholders funds
418,993
391,412
226,569
276,740
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
36,079
149,708
-49,136
384,256
Depreciation
3,383
5,964
7,952
10,603
Amortisation
Tax
-8,710
15,120
-107,621
Stock
Debtors
-24,471
105,788
15,232
6,762
Creditors
72,505
-107,661
107,661
Accruals and Deferred Income
-73,646
-65,710
139,356
Deferred Taxes & Provisions
Cash flow from operations
54,082
-706
-24,721
388,137
Investing Activities
capital expenditure
-650
-50,816
Change in Investments
295,380
cash flow from investments
-650
-346,196
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
-1,035
interest
212
15
105
cash flow from financing
212
15
-1,035
105
cash and cash equivalents
cash
53,644
-691
-25,756
42,046
overdraft
change in cash
53,644
-691
-25,756
42,046
east london itec limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for east london itec limited. Get real-time insights into east london itec limited's credit score, group structure and payment trends.
Perform a competitor analysis for east london itec limited by selecting its closest rivals, whether from the EDUCATION sector, other undefined companies, companies in E14 area or any other competitors across 12 key performance metrics.
east london itec limited Ownership
EAST LONDON ITEC LIMITED group structure
East London Itec Limited has no subsidiary companies.
Ultimate parent company
EAST LONDON ITEC LIMITED
04386373
EAST LONDON ITEC LIMITED Shareholders
The sole shareholder of East London Itec Limited is -.
-
-
east london itec limited directors
East London Itec Limited currently has 1 director, Mrs Eudora Osalor serving since Mar 2002.
85320 - Technical and vocational secondary education
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Small
last accounts submitted
March 2013
previous names
N/A
accountant
-
auditor
-
address
31st floor 40 bank street, london, E14 5NR
Bank
-
Legal Advisor
-
east london itec 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 east london itec limited.
east london itec 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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east london itec limitedCompanies House Filings - See Documents
