eclipse automotive technology limited

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eclipse automotive technology limited Company Information

Share ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED

Company Number

05124413

Shareholders

eclipse diagnostics group limited

Group Structure

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Industry

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

 

Registered Address

eclipse house robian way, swadlincote, derbyshire, DE11 9DH

eclipse automotive technology limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED at £2.9m based on a Turnover of £8.9m and 0.32x industry multiple (adjusted for size and gross margin).

eclipse automotive technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED at £0 based on an EBITDA of £-223.6k and a 3.97x industry multiple (adjusted for size and gross margin).

eclipse automotive technology limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED at £1.7m based on Net Assets of £1m and 1.63x industry multiple (adjusted for liquidity).

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Eclipse Automotive Technology Limited Overview

Eclipse Automotive Technology Limited is a live company located in derbyshire, DE11 9DH with a Companies House number of 05124413. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in May 2004, it's largest shareholder is eclipse diagnostics group limited with a 100% stake. Eclipse Automotive Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.9m with healthy growth in recent years.

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Eclipse Automotive Technology Limited Health Check

Pomanda's financial health check has awarded Eclipse Automotive Technology Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £8.9m, make it smaller than the average company (£14.1m)

£8.9m - Eclipse Automotive Technology Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.1%)

10% - Eclipse Automotive Technology Limited

6.1% - Industry AVG

production

Production

with a gross margin of 25.1%, this company has a comparable cost of product (25.1%)

25.1% - Eclipse Automotive Technology Limited

25.1% - Industry AVG

profitability

Profitability

an operating margin of -2.6% make it less profitable than the average company (5.6%)

-2.6% - Eclipse Automotive Technology Limited

5.6% - Industry AVG

employees

Employees

with 29 employees, this is similar to the industry average (29)

29 - Eclipse Automotive Technology Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - Eclipse Automotive Technology Limited

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £306.1k, this is less efficient (£365.1k)

£306.1k - Eclipse Automotive Technology Limited

£365.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (49 days)

32 days - Eclipse Automotive Technology Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 127 days, this is slower than average (36 days)

127 days - Eclipse Automotive Technology Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 37 days, this is less than average (83 days)

37 days - Eclipse Automotive Technology Limited

83 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (11 weeks)

40 weeks - Eclipse Automotive Technology Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.4%, this is a similar level of debt than the average (63.5%)

69.4% - Eclipse Automotive Technology Limited

63.5% - Industry AVG

ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED financials

EXPORTms excel logo

Eclipse Automotive Technology Limited's latest turnover from October 2023 is estimated at £8.9 million and the company has net assets of £1 million. According to their latest financial statements, Eclipse Automotive Technology Limited has 29 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover8,877,0668,795,99010,446,4116,646,1046,842,6505,792,3253,619,0823,483,8422,383,9091,359,7331,143,9081,179,930746,453520,080
Other Income Or Grants
Cost Of Sales6,647,5106,691,9697,871,1665,067,5475,247,3554,540,6432,760,7992,520,6541,766,5321,008,784847,128891,804551,542383,796
Gross Profit2,229,5562,104,0212,575,2451,578,5571,595,2951,251,683858,283963,188617,377350,950296,780288,126194,911136,284
Admin Expenses2,465,2142,331,5513,221,138618,220961,6741,204,298764,092854,477331,88783,038219,040340,305256,91184,500-109,234
Operating Profit-235,658-227,530-645,893960,337633,62147,38594,191108,711285,490267,91277,740-52,179-62,00051,784109,234
Interest Payable
Interest Receivable87,25026,2561,3161,94012,6169,1252,5091,9793,0221,464494532596411131
Pre-Tax Profit-148,408-201,274-644,577962,278646,23756,51096,700110,690288,513269,37678,234-51,647-61,40452,194109,365
Tax-182,833-122,785-10,737-18,373-22,138-57,702-56,569-17,994-14,614-30,622
Profit After Tax-148,408-201,274-644,577779,445523,45245,77378,32788,552230,810212,80760,240-51,647-61,40437,58078,743
Dividends Paid
Retained Profit-148,408-201,274-644,577779,445523,45245,77378,32788,552230,810212,80760,240-51,647-61,40437,58078,743
Employee Costs1,472,4291,376,1801,134,6481,137,5441,117,465899,788888,171796,356395,765184,881149,861148,208112,84471,672
Number Of Employees29282525241921201054432
EBITDA*-223,579-215,719-628,757983,029664,86575,955131,257108,711325,193298,04486,794-39,779-50,85960,486115,669

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets56,47673,47865,803674,789699,015730,689441,858450,376434,877434,63553,34146,51443,77836,13831,616
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets56,47673,47865,803674,789699,015730,689441,858450,376434,877434,63553,34146,51443,77836,13831,616
Stock & work in progress683,918485,325612,937250,20225,43927,49629,11430,04529,21725,73022,37021,00019,53015,00011,500
Trade Debtors794,2651,238,5701,961,4581,010,501670,056762,077322,761451,419299,272156,978185,641188,510121,31093,586106,837
Group Debtors
Misc Debtors
Cash1,829,2441,494,549839,2811,792,1092,088,6151,275,5591,157,722849,478734,078474,781110,98686,527126,456111,96452,383
misc current assets
total current assets3,307,4273,218,4443,413,6763,052,8122,784,1102,065,1321,509,5971,330,9421,062,567657,489318,997296,037267,296220,550170,720
total assets3,363,9033,291,9223,479,4793,727,6013,483,1252,795,8211,951,4551,781,3181,497,4441,092,124372,338342,551311,074256,688202,336
Bank overdraft
Bank loan
Trade Creditors 2,328,3312,105,9892,097,5361,414,9691,815,9441,629,8471,089,681978,832769,518579,129304,394334,847247,066126,632119,271
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,328,3312,105,9892,097,5361,414,9691,815,9441,629,8471,089,681978,832769,518579,129304,394334,847247,066126,632119,271
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities131,705150,029167,764185,303201,678217,5573,5377,664
provisions7,1519,1043,8405,7908,07912,00020,00021,50019,11719,1174,4304,4305,5506,0674,320
total long term liabilities7,1519,1043,8405,790139,784162,029187,764206,803220,795236,6744,4304,4309,08713,7314,320
total liabilities2,335,4822,115,0932,101,3761,420,7591,955,7281,791,8761,277,4451,185,635990,313815,803308,824339,277256,153140,363123,591
net assets1,028,4211,176,8291,378,1032,306,8421,527,3971,003,945674,010595,683507,131276,32163,5143,27454,921116,32578,745
total shareholders funds1,028,4211,176,8291,378,1032,306,8421,527,3971,003,945674,010595,683507,131276,32163,5143,27454,921116,32578,745
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-235,658-227,530-645,893960,337633,62147,38594,191108,711285,490267,91277,740-52,179-62,00051,784109,234
Depreciation12,07911,81117,13622,69231,24428,57037,06639,70330,1329,05412,40011,1418,7026,435
Amortisation
Tax-182,833-122,785-10,737-18,373-22,138-57,702-56,569-17,994-14,614-30,622
Stock198,593-127,612362,735224,763-2,057-1,618-9318283,4873,3601,3701,4704,5303,50011,500
Debtors-444,305-722,888950,957340,445-92,021439,316-128,658152,147142,294-28,663-2,86967,20027,724-13,251106,837
Creditors222,3428,453682,567-400,975186,097540,166110,849209,314190,389274,735-30,45387,781120,4347,361119,271
Accruals and Deferred Income
Deferred Taxes & Provisions-1,9535,264-1,950-2,289-3,921-8,000-1,5002,38314,687-1,120-5171,7474,320
Cash flow from operations242,522648,498-1,261,832-168,276818,334159,686351,822145,295312,099556,20039,846-21,78836,80464,73190,301
Investing Activities
capital expenditure4,923-19,486591,8501,534430-317,401-28,548-15,499-39,945-411,426-15,881-15,136-18,781-13,224-38,051
Change in Investments
cash flow from investments4,923-19,486591,8501,534430-317,401-28,548-15,499-39,945-411,426-15,881-15,136-18,781-13,224-38,051
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-131,705-18,324-17,735-17,539-16,375-15,879217,557-3,537-4,1277,664
share issue-284,162284,1622
interest87,25026,2561,3161,94012,6169,1252,5091,9793,0221,464494532596411131
cash flow from financing87,25026,256-282,846-129,765-5,708275,552-15,030-14,396-12,857219,021494-3,005-3,5318,075133
cash and cash equivalents
cash334,695655,268-952,828-296,506813,056117,837308,244115,400259,297363,79524,459-39,92914,49259,58152,383
overdraft
change in cash334,695655,268-952,828-296,506813,056117,837308,244115,400259,297363,79524,459-39,92914,49259,58152,383

eclipse automotive technology 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 Automotive Technology Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eclipse automotive technology limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in DE11 area or any other competitors across 12 key performance metrics.

eclipse automotive technology limited Ownership

ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED group structure

Eclipse Automotive Technology Limited has no subsidiary companies.

Ultimate parent company

ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED

05124413

ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED Shareholders

eclipse diagnostics group limited 100%

eclipse automotive technology limited directors

Eclipse Automotive Technology Limited currently has 2 directors. The longest serving directors include Mr Richard Parkin (Mar 2005) and Mr Mark Graham (Mar 2021).

officercountryagestartendrole
Mr Richard ParkinUnited Kingdom58 years Mar 2005- Director
Mr Mark GrahamUnited Kingdom57 years Mar 2021- Director

P&L

October 2023

turnover

8.9m

+1%

operating profit

-235.7k

0%

gross margin

25.2%

+5%

turnover

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

Balance Sheet

October 2023

net assets

1m

-0.13%

total assets

3.4m

+0.02%

cash

1.8m

+0.22%

net assets

Total assets minus all liabilities

eclipse automotive technology limited company details

company number

05124413

Type

Private limited with Share Capital

industry

46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft

incorporation date

May 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

eclipse house robian way, swadlincote, derbyshire, DE11 9DH

Bank

-

Legal Advisor

-

eclipse automotive technology 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 5 charges/mortgages relating to eclipse automotive technology limited. Currently there are 1 open charges and 4 have been satisfied in the past.

eclipse automotive technology 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.

Click to start generating capital raising & share issue transactions for ECLIPSE AUTOMOTIVE TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.

eclipse automotive technology limited Companies House Filings - See Documents

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