Pomanda estimates the enterprise value of EICO LTD at £1.1m based on a Turnover of £2.8m and 0.4x industry multiple (adjusted for size and gross margin).
eico ltdEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of EICO LTD at £1.2m based on an EBITDA of £292.2k and a 4.01x industry multiple (adjusted for size and gross margin).
eico ltdEstimated Valuation
£3m
Pomanda estimates the enterprise value of EICO LTD at £3m based on Net Assets of £1.6m and 1.94x industry multiple (adjusted for liquidity).
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Eico LtdOverview
Eico Ltd is a live company located in middlesex, HA3 8EY with a Companies House number of 05020308. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in January 2004, it's largest shareholder is
seema patel
with a 50% stake. Eico Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Eico Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£18.9m)
£2.8m - Eico Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (6.4%)
-17% - Eico Ltd
6.4% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)
28.6% - Eico Ltd
28.6% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (3.2%)
9.6% - Eico Ltd
3.2% - Industry AVG
Employees
with 13 employees, this is below the industry average (50)
13 - Eico Ltd
50 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)
£50.5k - Eico Ltd
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £212.8k, this is less efficient (£404.2k)
£212.8k - Eico Ltd
£404.2k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (44 days)
50 days - Eico Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is quicker than average (47 days)
43 days - Eico Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is less than average (46 days)
35 days - Eico Ltd
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Eico Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.8%, this is a lower level of debt than the average (57%)
45.8% - Eico Ltd
57% - Industry AVG
EICO LTD financials
EXPORT
Eico Ltd's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of £1.6 million. According to their latest financial statements, Eico Ltd has 13 employees and maintains cash reserves of £2 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
2,766,879
2,465,553
4,673,464
4,876,594
6,357,185
7,626,149
6,443,624
2,039,189
2,339,429
2,327,244
2,272,176
1,779,850
134,936
131,862
45,801
Other Income Or Grants
Cost Of Sales
1,976,061
1,752,992
3,308,373
3,547,073
4,582,357
5,462,199
4,594,123
1,443,927
1,672,232
1,667,469
1,640,644
1,295,042
99,779
97,548
33,249
Gross Profit
790,818
712,561
1,365,092
1,329,521
1,774,828
2,163,950
1,849,501
595,261
667,197
659,775
631,532
484,808
35,158
34,314
12,552
Admin Expenses
526,700
620,673
1,015,367
937,354
1,696,768
1,999,844
1,700,261
513,830
614,414
416,423
461,616
352,663
36,146
34,622
6,235
Operating Profit
264,118
91,888
349,725
392,167
78,060
164,106
149,240
81,431
52,783
243,352
169,916
132,145
-988
-308
6,317
Interest Payable
92,978
38,730
1,702
16,723
31,675
35,149
18,427
Interest Receivable
4,896
3,963
768
813
1,505
1,226
716
208
144
145
72
Pre-Tax Profit
176,036
57,121
349,725
392,167
78,060
164,106
150,007
80,541
37,565
212,903
135,482
113,926
-844
-163
6,389
Tax
-44,009
-10,853
-66,448
-74,512
-14,831
-31,180
-28,501
-16,108
-7,513
-44,710
-31,161
-27,342
-1,789
Profit After Tax
132,027
46,268
283,277
317,655
63,229
132,926
121,506
64,433
30,052
168,193
104,321
86,584
-844
-163
4,600
Dividends Paid
Retained Profit
132,027
46,268
283,277
317,655
63,229
132,926
121,506
64,433
30,052
168,193
104,321
86,584
-844
-163
4,600
Employee Costs
656,871
630,951
408,172
381,692
359,108
365,705
1,263,570
250,704
208,535
385,951
346,943
282,726
28,010
28,001
28,442
Number Of Employees
13
13
9
9
9
9
32
7
7
13
12
10
1
1
1
EBITDA*
292,189
102,704
349,725
392,167
78,060
164,106
149,240
149,787
108,193
298,995
224,586
186,838
-988
-308
6,317
* 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
1,236,239
1,209,500
1,951,027
1,954,298
1,954,937
775,859
782,898
60,509
9,901
12,003
9,289
9,379
Intangible Assets
732,865
732,865
785,212
837,560
889,907
942,255
994,602
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,969,104
1,942,365
1,951,027
1,954,298
1,954,937
775,859
782,898
845,721
847,461
901,910
951,544
1,003,981
Stock & work in progress
193,754
323,000
73,480
69,970
57,390
45,460
44,000
Trade Debtors
382,916
142,014
738,092
779,727
1,048,070
1,356,703
983,516
273,009
344,581
329,177
298,423
227,439
248
Group Debtors
Misc Debtors
28,107
66,317
Cash
2
186,511
307,120
343,143
258,721
231,769
54,442
28,590
28,920
28,918
misc current assets
292,555
119,672
total current assets
897,334
837,514
738,092
779,727
1,048,070
1,356,703
983,516
653,609
757,694
645,288
575,652
325,881
28,590
28,920
29,166
total assets
2,866,438
2,779,879
2,689,119
2,734,025
3,003,007
2,132,562
1,766,414
1,499,330
1,605,155
1,547,198
1,527,196
1,329,862
28,590
28,920
29,166
Bank overdraft
172,733
54,468
54,468
54,468
56,697
Bank loan
Trade Creditors
233,679
526,871
530,545
828,644
1,363,345
1,255,979
958,932
752,100
808,949
724,425
816,083
669,788
24,995
24,481
24,564
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
132,054
75,262
total current liabilities
538,466
602,133
530,545
828,644
1,363,345
1,255,979
958,932
752,100
863,417
778,893
870,551
726,485
24,995
24,481
24,564
loans
724,499
755,707
405,612
460,080
510,273
hp & lease commitments
49,407
Accruals and Deferred Income
other liabilities
782,805
812,889
864,825
164,975
228,800
290,052
348,993
2,065
2,925
provisions
total long term liabilities
773,906
755,707
782,805
812,889
864,825
164,975
228,800
290,052
348,993
405,612
462,145
513,198
total liabilities
1,312,372
1,357,840
1,313,350
1,641,533
2,228,170
1,420,954
1,187,732
1,042,152
1,212,410
1,184,505
1,332,696
1,239,683
24,995
24,481
24,564
net assets
1,554,066
1,422,039
1,375,769
1,092,492
774,837
711,608
578,682
457,178
392,745
362,693
194,500
90,179
3,595
4,439
4,602
total shareholders funds
1,554,066
1,422,039
1,375,769
1,092,492
774,837
711,608
578,682
457,178
392,745
362,693
194,500
90,179
3,595
4,439
4,602
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
264,118
91,888
349,725
392,167
78,060
164,106
149,240
81,431
52,783
243,352
169,916
132,145
-988
-308
6,317
Depreciation
28,071
10,816
16,008
3,063
3,295
2,323
2,345
Amortisation
52,348
52,347
52,348
52,347
52,348
Tax
-44,009
-10,853
-66,448
-74,512
-14,831
-31,180
-28,501
-16,108
-7,513
-44,710
-31,161
-27,342
-1,789
Stock
-129,246
323,000
-73,480
3,510
12,580
11,930
1,460
44,000
Debtors
202,692
-529,761
-41,635
-268,343
-308,633
373,187
710,507
-71,572
15,404
30,754
70,984
227,439
-248
248
Creditors
-293,192
-3,674
-298,099
-534,701
107,366
297,047
206,832
-56,849
84,524
-91,658
146,295
644,793
514
-83
24,564
Accruals and Deferred Income
56,792
75,262
Deferred Taxes & Provisions
Cash flow from operations
-61,666
370,200
26,813
51,297
479,228
56,786
-309,456
144,892
157,220
119,943
267,276
532,850
-474
-143
28,844
Investing Activities
capital expenditure
-54,810
-2,154
3,271
639
-1,179,078
7,039
62,823
-66,616
-961
-6,009
-2,233
-1,058,674
Change in Investments
cash flow from investments
-54,810
-2,154
3,271
639
-1,179,078
7,039
62,823
-66,616
-961
-6,009
-2,233
-1,058,674
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-31,208
755,707
-405,612
-54,468
-50,193
510,273
Hire Purchase and Lease Commitments
49,407
other long term liabilities
-782,805
-30,084
-51,936
699,850
-63,825
-61,252
-58,941
348,993
-2,065
-860
2,925
share issue
2
-2
2
interest
-88,082
-34,767
768
-889
-15,218
-30,449
-34,433
-18,219
144
145
72
cash flow from financing
-69,883
-61,863
-30,084
-51,936
699,850
-63,825
-60,486
-59,830
-71,837
-86,982
-85,486
494,979
144
145
74
cash and cash equivalents
cash
-186,509
186,511
-307,120
-36,023
84,422
26,952
177,327
25,852
-330
2
28,918
overdraft
172,733
-54,468
-2,229
56,697
change in cash
-359,242
186,511
-307,120
18,445
84,422
26,952
179,556
-30,845
-330
2
28,918
eico ltd 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 eico ltd. Get real-time insights into eico ltd's credit score, group structure and payment trends.
Perform a competitor analysis for eico ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA3 area or any other competitors across 12 key performance metrics.
eico ltd Ownership
EICO LTD group structure
Eico Ltd has no subsidiary companies.
Ultimate parent company
EICO LTD
05020308
EICO LTD Shareholders
The largest shareholders in Eico Ltd include Seema Patel and Kalpen Patel.
seema patel
50%
kalpen patel
50%
eico ltd directors
Eico Ltd currently has 1 director, Mr Kalpen Patel serving since Jan 2004.
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 4 charges/mortgages relating to eico ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
eico ltd 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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