ecotive limited
ecotive limited Company Information
Company Number
06310265
Next Accounts
1238 days late
Directors
Shareholders
kamal siddiqi
altron investments limited
View AllGroup Structure
View All
Industry
Manufacture of motor vehicles
+1Registered Address
c/o begbies traynor london llp, 29th floor, london, E14 5NR
Website
fn-research.comecotive limited Estimated Valuation
Pomanda estimates the enterprise value of ECOTIVE LIMITED at £27m based on a Turnover of £45.6m and 0.59x industry multiple (adjusted for size and gross margin).
ecotive limited Estimated Valuation
Pomanda estimates the enterprise value of ECOTIVE LIMITED at £0 based on an EBITDA of £-11.2m and a 6.28x industry multiple (adjusted for size and gross margin).
ecotive limited Estimated Valuation
Pomanda estimates the enterprise value of ECOTIVE LIMITED at £0 based on Net Assets of £-49.2m and 2.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ecotive Limited Overview
Ecotive Limited is a live company located in london, E14 5NR with a Companies House number of 06310265. It operates in the manufacture of motor vehicles sector, SIC Code 29100. Founded in July 2007, it's largest shareholder is kamal siddiqi with a 41.7% stake. Ecotive Limited is a established, large sized company, Pomanda has estimated its turnover at £45.6m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ecotive Limited Health Check
Pomanda's financial health check has awarded Ecotive Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £45.6m, make it in line with the average company (£46.4m)
- Ecotive Limited
£46.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ecotive Limited
- - Industry AVG
Production
with a gross margin of 12.2%, this company has a comparable cost of product (12.2%)
- Ecotive Limited
12.2% - Industry AVG
Profitability
an operating margin of -25.1% make it less profitable than the average company (2%)
- Ecotive Limited
2% - Industry AVG
Employees
with 5 employees, this is below the industry average (207)
5 - Ecotive Limited
207 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- Ecotive Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £9.1m, this is more efficient (£381.2k)
- Ecotive Limited
£381.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (13 days)
- Ecotive Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (40 days)
- Ecotive Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ecotive Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (3 weeks)
0 weeks - Ecotive Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 600.5%, this is a higher level of debt than the average (76.3%)
600.5% - Ecotive Limited
76.3% - Industry AVG
ECOTIVE LIMITED financials
Ecotive Limited's latest turnover from December 2019 is estimated at £45.6 million and the company has net assets of -£49.2 million. According to their latest financial statements, Ecotive Limited has 5 employees and maintains cash reserves of £144 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -5,069,012 | -4,881,499 | -6,115,707 | -17,693,986 | -37,679,147 | -14,303,746 | -2,858,134 | -1,362,175 | ||
| Interest Payable | 167 | 0 | 0 | 0 | 0 | 51,614 | 58,162 | |||
| Interest Receivable | 0 | 0 | 0 | 21,756 | 124 | 2,492 | 0 | 0 | ||
| Pre-Tax Profit | -5,069,179 | -4,881,499 | -6,115,707 | -17,672,230 | -37,679,023 | -14,301,254 | -2,909,748 | -1,420,337 | ||
| Tax | 0 | 679,629 | 2,001,859 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | -5,069,179 | -4,201,870 | -4,113,848 | -17,672,230 | -37,679,023 | -14,301,254 | -2,909,748 | -1,420,337 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -5,069,179 | -4,201,870 | -4,113,848 | -17,672,230 | -37,679,023 | -14,301,254 | -2,909,748 | -1,420,337 | ||
| Employee Costs | 238,401 | 116,491 | ||||||||
| Number Of Employees | 5 | 5 | 1 | 2 | 2 | 3 | ||||
| EBITDA* | -4,864,086 | -4,309,460 | -4,802,937 | -16,748,986 | -37,679,147 | -14,303,746 | -2,858,134 | -1,362,175 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,748 | 2,340 | 0 | 540 | 368,310 | 1,480,000 | 965,000 | 0 | 0 | 0 |
| Intangible Assets | 828,326 | 1,032,983 | 1,237,640 | 1,442,296 | 1,600,000 | 1,800,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 830,084 | 1,035,333 | 1,237,650 | 1,442,846 | 1,968,320 | 3,280,010 | 965,010 | 10 | 10 | 10 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,425,501 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,336,292 | 1,753,496 | 2,043 | 2,043 | 1,803 | 1,504 | 0 | 0 | 0 | 0 |
| Misc Debtors | 237,413 | 75,247 | 10,098 | 11,795 | 21,247 | 134,624 | 759,124 | 541,343 | 848,743 | 0 |
| Cash | 144 | 21,210 | 0 | 495 | 234 | 6,800 | 0 | 1,116,120 | 519 | 148 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,999,350 | 1,849,953 | 12,141 | 14,333 | 23,284 | 142,928 | 759,124 | 1,657,463 | 849,262 | 148 |
| total assets | 9,829,434 | 2,885,286 | 1,249,791 | 1,457,179 | 1,991,604 | 3,422,938 | 1,724,134 | 1,657,473 | 849,272 | 158 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 44 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,223,585 | 1,107,856 | 62,943 | 71,191 | 2,908,425 | 529,010 | 258,231 | 600 | 8,826 | 60,000 |
| Group/Directors Accounts | 19,833,084 | 13,896,777 | 11,266,504 | 6,630,027 | 128,837 | 0 | 2,053,837 | 678,928 | 11,061,537 | 6,421,496 |
| other short term finances | 0 | 2,946,940 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 824,739 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 37,966,323 | 31,504,405 | 284,248 | 50,686 | 47,198 | 172,936 | 18,800 | 5,505,700 | 5,400 | 10,666 |
| total current liabilities | 59,022,992 | 49,455,978 | 11,613,695 | 6,751,904 | 3,084,460 | 701,946 | 2,330,912 | 6,185,228 | 11,075,763 | 7,316,901 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 59,022,992 | 49,455,978 | 11,613,695 | 6,751,904 | 3,084,460 | 701,946 | 2,330,912 | 6,185,228 | 11,075,763 | 7,316,901 |
| net assets | -49,193,558 | -46,570,692 | -10,363,904 | -5,294,725 | -1,092,856 | 2,720,992 | -606,778 | -4,527,755 | -10,226,491 | -7,316,743 |
| total shareholders funds | -49,193,558 | -46,570,692 | -10,363,904 | -5,294,725 | -1,092,856 | 2,720,992 | -606,778 | -4,527,755 | -10,226,491 | -7,316,743 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -5,069,012 | -4,881,499 | -6,115,707 | -17,693,986 | -37,679,147 | -14,303,746 | -2,858,134 | -1,362,175 | ||
| Depreciation | 592 | 142 | 270 | 367,770 | 1,112,770 | 745,000 | 0 | 0 | 0 | 0 |
| Amortisation | 204,657 | 204,657 | 204,656 | 204,269 | 200,000 | 200,000 | 0 | 0 | 0 | 0 |
| Tax | 0 | 679,629 | 2,001,859 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,170,463 | 1,816,602 | -1,697 | -9,212 | -113,078 | -622,996 | 217,781 | -307,400 | 848,743 | 0 |
| Creditors | 115,729 | 1,044,913 | -8,248 | -2,837,234 | 2,379,415 | 270,779 | 257,631 | -8,226 | -51,174 | 60,000 |
| Accruals and Deferred Income | 6,461,918 | 31,220,157 | 233,562 | 3,488 | -125,738 | 154,136 | -5,486,900 | 5,500,300 | -5,266 | 10,666 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,637,075 | -6,454,365 | -434,323 | -15,701,075 | -43,126,197 | -8,504,272 | -3,763,317 | -1,291,509 | ||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,936,307 | 2,630,273 | 4,636,477 | 6,501,190 | 128,837 | -2,053,837 | 1,374,909 | -10,382,609 | 4,640,041 | 6,421,496 |
| Other Short Term Loans | -2,946,940 | 2,946,940 | 0 | 0 | 0 | 0 | 0 | 0 | -824,739 | 824,739 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -167 | 0 | 0 | 21,756 | 2,492 | -51,614 | -58,162 | |||
| cash flow from financing | 4,636,310 | 6,501,191 | 428,837 | 18,967,919 | 9,619,873 | 3,763,688 | 1,291,667 | |||
| cash and cash equivalents | ||||||||||
| cash | -21,066 | 21,210 | -495 | 261 | -6,566 | 6,800 | -1,116,120 | 1,115,601 | 371 | 148 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -44 | 44 | 0 | 0 | 0 |
| change in cash | -21,066 | 21,210 | -495 | 261 | -6,566 | 6,844 | -1,116,164 | 1,115,601 | 371 | 148 |
ecotive limited Credit Report and Business Information
Ecotive Limited Competitor Analysis
Perform a competitor analysis for ecotive limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
ecotive limited Ownership
ECOTIVE LIMITED group structure
Ecotive Limited has 1 subsidiary company.
ecotive limited directors
Ecotive Limited currently has 1 director, Mr Gerardo Lopez Fojaca serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerardo Lopez Fojaca | 53 years | Apr 2018 | - | Director |
P&L
December 2019turnover
45.6m
+752%
operating profit
-11.4m
0%
gross margin
12.3%
-4.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
-49.2m
+0.06%
total assets
9.8m
+2.41%
cash
144
-0.99%
net assets
Total assets minus all liabilities
ecotive limited company details
company number
06310265
Type
Private limited with Share Capital
industry
29100 - Manufacture of motor vehicles
45111 - Sale of new cars and light motor vehicles
incorporation date
July 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
-
address
c/o begbies traynor london llp, 29th floor, london, E14 5NR
Bank
-
Legal Advisor
-
ecotive 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 ecotive limited.
ecotive 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 ECOTIVE LIMITED. This can take several minutes, an email will notify you when this has completed.
ecotive limited Companies House Filings - See Documents
| date | description | view/download |
|---|
