econet investments limited

Live Established

econet investments limited Company Information

Share ECONET INVESTMENTS LIMITED

Company Number

05695178

Shareholders

econet global limited

Group Structure

View All

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

hill dickinson llp, the broadgate tower, london, EC2A 2EW

econet investments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ECONET INVESTMENTS LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).

econet investments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ECONET INVESTMENTS LIMITED at £0 based on an EBITDA of £-81.1k and a 4.38x industry multiple (adjusted for size and gross margin).

econet investments limited Estimated Valuation

£10.8m

Pomanda estimates the enterprise value of ECONET INVESTMENTS LIMITED at £10.8m based on Net Assets of £8.3m and 1.31x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Econet Investments Limited Overview

Econet Investments Limited is a live company located in london, EC2A 2EW with a Companies House number of 05695178. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2006, it's largest shareholder is econet global limited with a 100% stake. Econet Investments Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Econet Investments Limited Health Check

Pomanda's financial health check has awarded Econet Investments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (103)

- - Econet Investments Limited

- - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

- - Econet Investments Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Econet Investments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (14 weeks)

- - Econet Investments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42%, this is a lower level of debt than the average (69%)

- - Econet Investments Limited

- - Industry AVG

ECONET INVESTMENTS LIMITED financials

EXPORTms excel logo

Econet Investments Limited's latest turnover from February 2024 is 0 and the company has net assets of £8.3 million. According to their latest financial statements, Econet Investments Limited has 2 employees and maintains cash reserves of £21.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover
Other Income Or Grants
Cost Of Sales
Gross Profit
Admin Expenses81,1092,688,577-569,042-908,8741,999,5528,433,109412,7811,692,6711,905,1911,396,04876,38790,43765,978135,835
Operating Profit-81,109-2,688,577569,042908,874-1,999,552-8,433,109-412,781-1,692,671-1,905,191-1,396,048-76,387-90,437-65,978-135,835
Interest Payable445,544325,441815,700149,905118,321168,302229,293331,541456,807
Interest Receivable815,6992,647
Pre-Tax Profit-526,652-3,014,017569,042908,874-1,999,552-8,433,109-412,781346,822452,073-491,1381,990,6262,521,0312,691,0491,592,013
Tax-81,619
Profit After Tax-526,652-3,014,017569,042908,874-1,999,552-8,433,109-412,781346,822452,073-491,1381,990,6262,521,0312,691,0491,510,393
Dividends Paid
Retained Profit-526,652-3,014,017569,042908,874-1,999,552-8,433,109-412,781346,822452,073-491,1381,990,6262,521,0312,691,0491,510,393
Employee Costs89,07482,95538,911785,136976,2661,283,7831,359,502767,584
Number Of Employees22111554422222
EBITDA*-81,109-2,634,717569,042912,830-1,995,462-8,423,415-403,088-1,670,932-1,891,896-1,396,048-76,387-90,437-65,978-135,835

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets3,4974649,37732,548
Intangible Assets
Investments & Other14,308,43415,185,06918,979,70120,766,19019,791,35618,128,28918,128,28917,536,26818,860,98015,253,67514,035,71215,179,83914,483,43014,287,232
Debtors (Due After 1 year)
Total Fixed Assets14,308,43415,185,06918,979,70120,766,19019,794,85418,128,75418,128,28917,545,64518,893,52815,253,67514,035,71215,179,83914,483,43014,287,232
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors6,955
Cash21,53672,29665,5117093,7644012,6394,990
misc current assets
total current assets21,53672,29665,5117093,7644012,6394,9906,955
total assets14,329,97015,257,36519,045,21220,766,89819,798,61918,129,15418,130,92817,550,63518,900,48415,253,67514,035,71215,179,83914,483,43014,287,232
Bank overdraft
Bank loan
Trade Creditors 72,35464,584157,470126,908
Group/Directors Accounts3,790,3644,727,6984,192,8914,908,0384,391,3483,586,2586,034,2748,164,42410,704,787
other short term finances5,376,727
hp & lease commitments
other current liabilities20,46037,15452,635782115,689123,09111,20112,83911,0978,97512,487
total current liabilities20,46037,15452,63572,35464,5849,325,3444,854,6064,308,5815,031,1294,402,5503,599,0976,045,3728,173,40010,717,275
loans5,999,3536,383,4027,006,5598,500,6659,756,4893,960,598
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities5,999,3536,383,4027,006,5598,500,6669,756,4893,960,598
total liabilities6,019,8146,420,5567,059,1948,573,0199,821,07313,285,9424,854,6064,308,5815,031,1294,402,5503,599,0976,045,3728,173,40010,717,275
net assets8,310,1578,836,80911,986,01712,193,8799,977,5464,843,21313,276,32213,242,05313,869,35410,851,12510,436,6159,134,4676,310,0303,569,957
total shareholders funds8,310,1578,836,80911,986,01712,193,8799,977,5464,843,21313,276,32213,242,05313,869,35410,851,12510,436,6159,134,4676,310,0303,569,957
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-81,109-2,688,577569,042908,874-1,999,552-8,433,109-412,781-1,692,671-1,905,191-1,396,048-76,387-90,437-65,978-135,835
Depreciation53,8593,9564,0899,6949,69321,73913,295
Amortisation
Tax-81,619
Stock
Debtors-6,9556,955
Creditors-72,3547,77064,58430,563126,908
Accruals and Deferred Income-16,694-15,48152,635782-115,689-7,402111,890-1,6381,7422,122-3,51212,487
Deferred Taxes & Provisions
Cash flow from operations-97,803-2,650,199549,323920,600-1,930,879-8,392,070-391,869-1,671,379-1,786,961-1,397,686-74,645-88,315-69,490-204,967
Investing Activities
capital expenditure-53,859
Change in Investments-876,635-3,794,632-1,786,489974,83319,791,356592,021-1,324,7123,607,3051,217,964-1,144,127696,409196,19814,287,232
cash flow from investments876,6353,740,7731,786,489-974,833-19,791,356-592,0211,324,712-3,607,305-1,217,9641,144,127-696,409-196,198-14,287,232
Financing Activities
Bank loans
Group/Directors Accounts-937,335534,807-715,146516,689805,091-2,448,016-2,130,150-2,540,36310,704,787
Other Short Term Loans 5,376,727
Long term loans-384,049-623,157-1,494,106-1,255,8249,756,4893,960,598
Hire Purchase and Lease Commitments
other long term liabilities
share issue-135,192-776,9041,307,45911,977,098447,049-974,1232,566,156905,649-688,478303,40649,0242,059,564
interest-445,544-325,441-1-149,905-118,321-168,302-229,293-331,541-454,160
cash flow from financing-829,593-1,083,790-2,271,01051,63521,733,5878,399,989981,856-1,689,2692,932,9401,592,419-3,304,796-2,056,037-2,822,88012,310,191
cash and cash equivalents
cash-50,7606,78564,802-3,0563,764-2,238-2,3504,990
overdraft
change in cash-50,7606,78564,802-3,0563,764-2,238-2,3504,990

econet investments 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 econet investments limited. Get real-time insights into econet investments limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Econet Investments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for econet investments limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC2A area or any other competitors across 12 key performance metrics.

econet investments limited Ownership

ECONET INVESTMENTS LIMITED group structure

Econet Investments Limited has no subsidiary companies.

Ultimate parent company

ECONET GLOBAL LTD

#0039239

1 parent

ECONET INVESTMENTS LIMITED

05695178

ECONET INVESTMENTS LIMITED Shareholders

econet global limited 100%

econet investments limited directors

Econet Investments Limited currently has 2 directors. The longest serving directors include Mr Strive Masiyiwa (Feb 2006) and Mr Hardwork Pemhiwa (Nov 2016).

officercountryagestartendrole
Mr Strive Masiyiwa64 years Feb 2006- Director
Mr Hardwork PemhiwaUnited Kingdom57 years Nov 2016- Director

P&L

February 2024

turnover

0

0%

operating profit

-81.1k

-97%

gross margin

0%

0%

turnover

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

Balance Sheet

February 2024

net assets

8.3m

-0.06%

total assets

14.3m

-0.06%

cash

21.5k

-0.7%

net assets

Total assets minus all liabilities

econet investments limited company details

company number

05695178

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

February 2006

age

19

incorporated

UK

ultimate parent company

ECONET GLOBAL LTD

accounts

Full Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

BEGBIES

address

hill dickinson llp, the broadgate tower, london, EC2A 2EW

Bank

-

Legal Advisor

-

econet investments 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 7 charges/mortgages relating to econet investments limited. Currently there are 2 open charges and 5 have been satisfied in the past.

econet investments 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 ECONET INVESTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

econet investments limited Companies House Filings - See Documents

datedescriptionview/download