echo central 2 limited
echo central 2 limited Company Information
Company Number
05963334
Website
https://www.rushbond.co.ukRegistered Address
craven lodge 37 victoria avenue, harrogate, HG1 5PX
Industry
Development of building projects
Telephone
01132018899
Next Accounts Due
August 2025
Group Structure
View All
Directors
Richard Powell10 Years
Shareholders
rushbond plc 100%
echo central 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ECHO CENTRAL 2 LIMITED at £94.1k based on a Turnover of £74.8k and 1.26x industry multiple (adjusted for size and gross margin).
echo central 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ECHO CENTRAL 2 LIMITED at £635.6k based on an EBITDA of £66.5k and a 9.55x industry multiple (adjusted for size and gross margin).
echo central 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ECHO CENTRAL 2 LIMITED at £911.6k based on Net Assets of £588.9k and 1.55x industry multiple (adjusted for liquidity).
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Echo Central 2 Limited Overview
Echo Central 2 Limited is a live company located in harrogate, HG1 5PX with a Companies House number of 05963334. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2006, it's largest shareholder is rushbond plc with a 100% stake. Echo Central 2 Limited is a established, micro sized company, Pomanda has estimated its turnover at £74.8k with declining growth in recent years.
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Echo Central 2 Limited Health Check
Pomanda's financial health check has awarded Echo Central 2 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
4 Weak
Size
annual sales of £74.8k, make it smaller than the average company (£2.3m)
£74.8k - Echo Central 2 Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.8%)
-3% - Echo Central 2 Limited
3.8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (26.1%)
100% - Echo Central 2 Limited
26.1% - Industry AVG
Profitability
an operating margin of 88.9% make it more profitable than the average company (6.5%)
88.9% - Echo Central 2 Limited
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Echo Central 2 Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Echo Central 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £24.9k, this is less efficient (£281k)
£24.9k - Echo Central 2 Limited
£281k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Echo Central 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Echo Central 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Echo Central 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 101 weeks, this is more cash available to meet short term requirements (12 weeks)
101 weeks - Echo Central 2 Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a lower level of debt than the average (73.6%)
63.8% - Echo Central 2 Limited
73.6% - Industry AVG
ECHO CENTRAL 2 LIMITED financials
Echo Central 2 Limited's latest turnover from November 2023 is £74.8 thousand and the company has net assets of £588.9 thousand. According to their latest financial statements, Echo Central 2 Limited has 3 employees and maintains cash reserves of £38.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 74,846 | 79,754 | 82,704 | 81,496 | 82,074 | 81,587 | 325,155 | 617,902 | 2,731,058 | 517,442 | 288,216 | 315,988 | 294,498 | 793,093 | 8,103,755 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 1,104 | 0 | -29,463 | 2,081 | 243,162 | 511,748 | 2,555,815 | 293,624 | 73,126 | 69,501 | 62,851 | 677,779 | 7,835,196 |
| Gross Profit | 74,846 | 79,754 | 81,600 | 81,496 | 111,537 | 79,506 | 81,993 | 106,154 | 175,243 | 223,818 | 215,090 | 246,487 | 231,647 | 115,314 | 268,559 |
| Admin Expenses | 93 | 83 | 86 | 14,627 | 6,254 | 7,188 | 9,541 | 17,113 | 22,820 | -17,035 | 15,469 | ||||
| Operating Profit | 111,444 | 79,423 | 81,907 | 91,527 | 168,989 | 216,630 | 205,549 | 229,374 | 208,827 | 132,349 | 253,090 | ||||
| Interest Payable | 33,167 | 0 | 0 | 0 | 0 | 0 | 0 | 654 | 12,836 | 39,679 | 56,144 | 101,724 | 104,177 | 140,889 | 262,060 |
| Interest Receivable | 778 | 0 | 0 | 0 | 0 | 78 | 0 | 35 | 220 | 31 | 0 | 0 | 0 | 615 | 923 |
| Pre-Tax Profit | 73 | 79,709 | 81,600 | 81,429 | 111,444 | 79,501 | 81,907 | 90,908 | 156,373 | 176,982 | 149,405 | 127,650 | 104,650 | -7,925 | -8,047 |
| Tax | -172 | -15,121 | -54,797 | -13,923 | -21,153 | -15,081 | -10,072 | -8,476 | -31,718 | -38,146 | -34,829 | 57 | 786 | -11,058 | 0 |
| Profit After Tax | -99 | 64,588 | 26,803 | 67,506 | 90,291 | 64,420 | 71,835 | 82,432 | 124,655 | 138,836 | 114,576 | 127,707 | 105,436 | -18,983 | -8,047 |
| Dividends Paid | 0 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 80,000 | 80,000 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -99 | -10,412 | -48,197 | -7,494 | 15,291 | -10,580 | -8,165 | 2,432 | 24,655 | 138,836 | 114,576 | 127,707 | 105,436 | -18,983 | -8,047 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||
| EBITDA* | 111,444 | 79,423 | 81,907 | 106,065 | 173,835 | 223,092 | 214,164 | 253,499 | 231,431 | 162,487 | 270,293 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,538 | 19,384 | 25,846 | 504,461 | 67,810 | 524,488 | 485,681 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,556,000 | 740,000 | 470,000 | 0 | 470,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,590,000 | 1,570,538 | 759,384 | 495,846 | 504,461 | 537,810 | 524,488 | 485,681 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240,000 | 772,455 | 4,063,955 | 4,284,455 | 4,266,262 | 4,266,262 | 4,266,262 | 4,738,497 |
| Trade Debtors | 0 | 0 | 0 | 350 | 210 | 0 | 280 | 759 | 2,509 | 36,413 | 36,283 | 43,441 | 135,157 | 35,746 | 31,755 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,318 | 45,318 | 0 | 0 | 0 |
| Misc Debtors | 0 | 30,189 | 17,460 | 0 | 0 | 0 | 128 | 572 | 4,406 | 3,887 | 3,974 | 2,543 | 19,571 | 82,493 | 27,144 |
| Cash | 38,136 | 87,698 | 77,041 | 53,180 | 54,567 | 52,880 | 82,775 | 64,806 | 86,605 | 56,545 | 51,736 | 58,478 | 9,686 | 11,325 | 563,944 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,136 | 117,887 | 94,501 | 53,530 | 54,777 | 52,880 | 83,183 | 306,137 | 865,975 | 4,160,800 | 4,421,766 | 4,416,042 | 4,430,676 | 4,395,826 | 5,361,340 |
| total assets | 1,628,136 | 1,707,887 | 1,684,501 | 1,643,530 | 1,644,777 | 1,642,880 | 1,673,183 | 1,896,137 | 2,436,513 | 4,920,184 | 4,917,612 | 4,920,503 | 4,968,486 | 4,920,314 | 5,847,021 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 142,500 | 142,500 | 2,825,303 | 200,000 | 192,000 | 4,299,891 |
| Trade Creditors | 0 | 0 | 1,560 | 0 | 0 | 0 | 0 | 1,200 | 2,400 | 1,200 | 3,010 | 0 | 21,430 | 46,997 | 29,687 |
| Group/Directors Accounts | 19,022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 439 | 530,275 | 58,438 | 48,846 | 61,522 | 50,411 | 76,610 | 74,734 | 81,603 | 118,166 | 107,321 | 54,135 | 222,896 | 167,095 | 239,132 |
| total current liabilities | 19,461 | 530,275 | 59,998 | 48,846 | 61,522 | 50,411 | 76,610 | 75,934 | 84,003 | 261,866 | 252,831 | 2,879,438 | 444,326 | 406,092 | 4,568,710 |
| loans | 850,000 | 418,953 | 855,573 | 816,983 | 811,983 | 836,663 | 830,401 | 1,040,401 | 1,562,901 | 3,892,768 | 4,307,331 | 1,796,678 | 0 | 4,531,438 | 1,287,602 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,404,010 | 0 | 0 |
| provisions | 169,787 | 169,672 | 169,531 | 130,105 | 116,182 | 116,007 | 115,793 | 121,258 | 133,497 | 1,343 | 2,079 | 3,592 | 7,062 | 11,058 | 0 |
| total long term liabilities | 1,019,787 | 588,625 | 1,025,104 | 947,088 | 928,165 | 952,670 | 946,194 | 1,161,659 | 1,696,398 | 3,894,111 | 4,309,410 | 1,800,270 | 4,411,072 | 4,542,496 | 1,287,602 |
| total liabilities | 1,039,248 | 1,118,900 | 1,085,102 | 995,934 | 989,687 | 1,003,081 | 1,022,804 | 1,237,593 | 1,780,401 | 4,155,977 | 4,562,241 | 4,679,708 | 4,855,398 | 4,948,588 | 5,856,312 |
| net assets | 588,888 | 588,987 | 599,399 | 647,596 | 655,090 | 639,799 | 650,379 | 658,544 | 656,112 | 764,207 | 355,371 | 240,795 | 113,088 | -28,274 | -9,291 |
| total shareholders funds | 588,888 | 588,987 | 599,399 | 647,596 | 655,090 | 639,799 | 650,379 | 658,544 | 656,112 | 764,207 | 355,371 | 240,795 | 113,088 | -28,274 | -9,291 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 111,444 | 79,423 | 81,907 | 91,527 | 168,989 | 216,630 | 205,549 | 229,374 | 208,827 | 132,349 | 253,090 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,538 | 4,846 | 6,462 | 8,615 | 24,125 | 22,604 | 30,138 | 17,203 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -172 | -15,121 | -54,797 | -13,923 | -21,153 | -15,081 | -10,072 | -8,476 | -31,718 | -38,146 | -34,829 | 57 | 786 | -11,058 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -240,000 | -532,455 | -3,291,500 | -220,500 | 18,193 | 0 | 0 | -472,235 | 4,738,497 |
| Debtors | -30,189 | 12,729 | 17,110 | 140 | 210 | -408 | -923 | -5,584 | -33,385 | -45,275 | -5,727 | -63,426 | 36,489 | 59,340 | 58,899 |
| Creditors | 0 | -1,560 | 1,560 | 0 | 0 | 0 | -1,200 | -1,200 | 1,200 | -1,810 | 3,010 | -21,430 | -25,567 | 17,310 | 29,687 |
| Accruals and Deferred Income | -529,836 | 471,837 | 9,592 | -12,676 | 11,111 | -26,199 | 1,876 | -6,869 | -36,563 | 10,845 | 53,186 | -168,761 | 55,801 | -72,037 | 239,132 |
| Deferred Taxes & Provisions | 115 | 141 | 39,426 | 13,923 | 175 | 214 | -5,465 | -12,239 | 132,154 | -736 | -1,513 | -3,470 | -3,996 | 11,058 | 0 |
| Cash flow from operations | 101,367 | 38,765 | 307,969 | 615,320 | 3,563,793 | 459,020 | 221,552 | 123,321 | 221,966 | 520,655 | -4,258,284 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,000 | 816,000 | 270,000 | 470,000 | -470,000 | 470,000 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -142,500 | 0 | -2,682,803 | 2,625,303 | 8,000 | -4,107,891 | 4,299,891 |
| Group/Directors Accounts | 19,022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 431,047 | -436,620 | 38,590 | 5,000 | -24,680 | 6,262 | -210,000 | -522,500 | -2,329,867 | -414,563 | 2,510,653 | 1,796,678 | -4,531,438 | 3,243,836 | 1,287,602 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,404,010 | 4,404,010 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -32,389 | 0 | 0 | 0 | 0 | 78 | 0 | -619 | -12,616 | -39,648 | -56,144 | -101,724 | -104,177 | -140,274 | -261,137 |
| cash flow from financing | 417,680 | -436,620 | 38,590 | 5,000 | -24,680 | 6,340 | -210,000 | -523,119 | -2,617,733 | -184,211 | -228,294 | -83,753 | -187,679 | -1,004,329 | 5,325,112 |
| cash and cash equivalents | |||||||||||||||
| cash | -49,562 | 10,657 | 23,861 | -1,387 | 1,687 | -29,895 | 17,969 | -21,799 | 30,060 | 4,809 | -6,742 | 48,792 | -1,639 | -552,619 | 563,944 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -49,562 | 10,657 | 23,861 | -1,387 | 1,687 | -29,895 | 17,969 | -21,799 | 30,060 | 4,809 | -6,742 | 48,792 | -1,639 | -552,619 | 563,944 |
echo central 2 limited Credit Report and Business Information
Echo Central 2 Limited Competitor Analysis
Perform a competitor analysis for echo central 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HG1 area or any other competitors across 12 key performance metrics.
echo central 2 limited Ownership
ECHO CENTRAL 2 LIMITED group structure
Echo Central 2 Limited has no subsidiary companies.
echo central 2 limited directors
Echo Central 2 Limited currently has 1 director, Mr Richard Powell serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Powell | England | 57 years | Sep 2014 | - | Director |
P&L
November 2023turnover
74.8k
-6%
operating profit
66.5k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
588.9k
0%
total assets
1.6m
-0.05%
cash
38.1k
-0.57%
net assets
Total assets minus all liabilities
echo central 2 limited company details
company number
05963334
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2006
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES LIMITED
address
craven lodge 37 victoria avenue, harrogate, HG1 5PX
Bank
HANDELSBANKEN PLC
Legal Advisor
WALKER MORRIS
echo central 2 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 echo central 2 limited.
echo central 2 limited Companies House Filings - See Documents
| date | description | view/download |
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