etcs agency limited

etcs agency limited Company Information

Share ETCS AGENCY LIMITED
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Company Number

05321370

Industry

Tax consultancy

 

Shareholders

mrs nina bains

mr santokh singh bains

Group Structure

View All

Contact

Registered Address

42 arlington road, london, N14 5AS

Website

-

etcs agency limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of ETCS AGENCY LIMITED at £2.3m based on a Turnover of £2.4m and 0.97x industry multiple (adjusted for size and gross margin).

etcs agency limited Estimated Valuation

£102.2k

Pomanda estimates the enterprise value of ETCS AGENCY LIMITED at £102.2k based on an EBITDA of £26.7k and a 3.83x industry multiple (adjusted for size and gross margin).

etcs agency limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of ETCS AGENCY LIMITED at £5.1m based on Net Assets of £1.6m and 3.18x industry multiple (adjusted for liquidity).

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Etcs Agency Limited Overview

Etcs Agency Limited is a live company located in london, N14 5AS with a Companies House number of 05321370. It operates in the tax consultancy sector, SIC Code 69203. Founded in December 2004, it's largest shareholder is mrs nina bains with a 50% stake. Etcs Agency Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with low growth in recent years.

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Etcs Agency Limited Health Check

Pomanda's financial health check has awarded Etcs Agency Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.4m, make it larger than the average company (£304.3k)

£2.4m - Etcs Agency Limited

£304.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.7%)

2% - Etcs Agency Limited

6.7% - Industry AVG

production

Production

with a gross margin of 37.7%, this company has a higher cost of product (83.8%)

37.7% - Etcs Agency Limited

83.8% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (6.2%)

1.1% - Etcs Agency Limited

6.2% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - Etcs Agency Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.3k, the company has an equivalent pay structure (£58.3k)

£58.3k - Etcs Agency Limited

£58.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £788.7k, this is more efficient (£91.9k)

£788.7k - Etcs Agency Limited

£91.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 273 days, this is later than average (74 days)

273 days - Etcs Agency Limited

74 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is close to average (30 days)

31 days - Etcs Agency Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Etcs Agency Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Etcs Agency Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9%, this is a lower level of debt than the average (54.2%)

9% - Etcs Agency Limited

54.2% - Industry AVG

ETCS AGENCY LIMITED financials

EXPORTms excel logo

Etcs Agency Limited's latest turnover from December 2023 is estimated at £2.4 million and the company has net assets of £1.6 million. According to their latest financial statements, Etcs Agency Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,365,9932,971,0192,536,6092,216,3172,833,4372,908,9172,990,7764,014,5304,119,5074,291,0953,180,7042,008,6141,997,702320,522215,560
Other Income Or Grants000000000000000
Cost Of Sales1,474,2462,071,1861,739,3001,518,4431,541,9061,289,3811,658,4992,240,0632,329,1681,510,7161,015,908905,047857,34729,53710,266
Gross Profit891,747899,832797,309697,8741,291,5311,619,5361,332,2771,774,4671,790,3392,780,3792,164,7961,103,5671,140,355290,985205,294
Admin Expenses865,096856,453797,309586,6991,205,5371,434,1371,111,3171,562,2511,664,3702,599,2921,964,534950,757942,24625,23215,800
Operating Profit26,65143,3790111,17585,994185,399220,960212,216125,969181,087200,262152,810198,109265,753189,494
Interest Payable000000000000000
Interest Receivable0000000824628012213792900
Pre-Tax Profit26,65143,3790111,17585,994185,399220,960212,224126,215181,367200,384152,947199,038265,753189,494
Tax-6,663-8,2420-21,123-16,339-35,226-41,982-42,445-25,243-38,087-46,088-36,707-51,750-55,880-38,380
Profit After Tax19,98835,137090,05269,655150,173178,978169,779100,972143,280154,296116,240147,288209,873151,114
Dividends Paid000000000000065,70063,000
Retained Profit19,98835,137090,05269,655150,173178,978169,779100,972143,280154,296116,240147,288144,17388,114
Employee Costs175,0091,086,188723,794560,772731,357772,845740,621341,2081,091,060814,775628,823556,355477,998121,3310
Number Of Employees322191819171910261411131130
EBITDA*26,65143,3790111,17585,994185,399220,960212,216126,166182,225202,540155,372200,270266,581189,494

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,4224,3925,3335,33310,57211,96011,3776377409371,4842,1423,5021,6570
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,4224,3925,3335,33310,57211,96011,3776377409371,4842,1423,5021,6570
Stock & work in progress000000000000000
Trade Debtors1,773,3451,710,0321,657,9901,657,9901,618,3061,570,0041,421,0471,158,820973,451856,149740,796531,733480,8474,70086,469
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000006,15192,26519,83829,00525,855345,742135,322
misc current assets000000000000000
total current assets1,773,3451,710,0321,657,9901,657,9901,618,3061,570,0041,421,0471,158,820979,602948,414760,634560,738506,702350,442221,791
total assets1,775,7671,714,4241,663,3231,663,3231,628,8781,581,9641,432,4241,159,457980,342949,351762,118562,880510,204352,099221,791
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 126,41274,14651,24151,241157,020179,371180,03986,52078,382148,363104,41059,468123,03200
Group/Directors Accounts00000000000005,76045,705
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000000000000106,45580,375
total current liabilities126,41274,14651,24151,241157,020179,371180,03986,52078,382148,363104,41059,468123,032112,215126,080
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income3,6354,5462,3202,3201,3151,7051,6701,2000000000
other liabilities30,00040,00049,16749,16700000000000
provisions000000000000000
total long term liabilities33,63544,54651,48751,4871,3151,7051,6701,2000000000
total liabilities160,047118,692102,728102,728158,335181,076181,70987,72078,382148,363104,41059,468123,032112,215126,080
net assets1,615,7201,595,7321,560,5951,560,5951,470,5431,400,8881,250,7151,071,737901,960800,988657,708503,412387,172239,88495,711
total shareholders funds1,615,7201,595,7321,560,5951,560,5951,470,5431,400,8881,250,7151,071,737901,960800,988657,708503,412387,172239,88495,711
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit26,65143,3790111,17585,994185,399220,960212,216125,969181,087200,262152,810198,109265,753189,494
Depreciation000000001971,1382,2782,5622,1618280
Amortisation000000000000000
Tax-6,663-8,2420-21,123-16,339-35,226-41,982-42,445-25,243-38,087-46,088-36,707-51,750-55,880-38,380
Stock000000000000000
Debtors63,31352,042039,68448,302148,957262,227185,369117,302115,353209,06350,886476,147-81,76986,469
Creditors52,26622,9050-105,779-22,351-66893,5198,138-69,98143,95344,942-63,564123,03200
Accruals and Deferred Income-9112,22601,005-390354701,2000000-106,45526,08080,375
Deferred Taxes & Provisions000000000000000
Cash flow from operations8,0308,2260-54,406-1,38858310,740-6,260-86,36072,738-7,6694,215-311,050318,550145,020
Investing Activities
capital expenditure1,97094105,2391,388-583-10,7401030-591-1,620-1,202-4,006-2,4850
Change in Investments000000000000000
cash flow from investments1,97094105,2391,388-583-10,7401030-591-1,620-1,202-4,006-2,4850
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000-5,760-39,94545,705
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-10,000-9,167049,16700000000000
share issue0000000-20000007,597
interest0000000824628012213792900
cash flow from financing-10,000-9,167049,1670006246280122137-4,831-39,94553,302
cash and cash equivalents
cash0000000-6,151-86,11472,427-9,1673,150-319,887210,420135,322
overdraft000000000000000
change in cash0000000-6,151-86,11472,427-9,1673,150-319,887210,420135,322

etcs agency 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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Etcs Agency Limited Competitor Analysis

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Perform a competitor analysis for etcs agency limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in N14 area or any other competitors across 12 key performance metrics.

etcs agency limited Ownership

ETCS AGENCY LIMITED group structure

Etcs Agency Limited has no subsidiary companies.

Ultimate parent company

ETCS AGENCY LIMITED

05321370

ETCS AGENCY LIMITED Shareholders

mrs nina bains 50%
mr santokh singh bains 50%

etcs agency limited directors

Etcs Agency Limited currently has 2 directors. The longest serving directors include Mr Santokh Bains (Dec 2004) and Mrs Nina Bains (Oct 2009).

officercountryagestartendrole
Mr Santokh BainsEngland61 years Dec 2004- Director
Mrs Nina BainsUnited Kingdom60 years Oct 2009- Director

P&L

December 2023

turnover

2.4m

-20%

operating profit

26.7k

0%

gross margin

37.7%

+24.44%

turnover

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

Balance Sheet

December 2023

net assets

1.6m

+0.01%

total assets

1.8m

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

etcs agency limited company details

company number

05321370

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

December 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

42 arlington road, london, N14 5AS

Bank

-

Legal Advisor

-

etcs agency 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 etcs agency limited.

charges

etcs agency limited Companies House Filings - See Documents

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