Pomanda estimates the enterprise value of EC SURFACING LTD at £9.2m based on a Turnover of £27.5m and 0.34x industry multiple (adjusted for size and gross margin).
ec surfacing ltdEstimated Valuation
£4.5m
Pomanda estimates the enterprise value of EC SURFACING LTD at £4.5m based on an EBITDA of £979.2k and a 4.58x industry multiple (adjusted for size and gross margin).
ec surfacing ltdEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of EC SURFACING LTD at £3.5m based on Net Assets of £1.9m and 1.88x industry multiple (adjusted for liquidity).
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Ec Surfacing LtdOverview
Ec Surfacing Ltd is a live company located in pocklington, YO42 1NR with a Companies House number of 07080098. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in November 2009, it's largest shareholder is
ashcourt group limited
with a 100% stake. Ec Surfacing Ltd is a established,
large sized company, Pomanda has estimated its turnover at
£27.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Ec Surfacing Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £27.5m, make it larger than the average company (£15.8m)
£27.5m - Ec Surfacing Ltd
£15.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.7%)
21% - Ec Surfacing Ltd
6.7% - Industry AVG
Production
with a gross margin of 16.2%, this company has a comparable cost of product (18%)
16.2% - Ec Surfacing Ltd
18% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (4.7%)
0.6% - Ec Surfacing Ltd
4.7% - Industry AVG
Employees
with 112 employees, this is above the industry average (56)
112 - Ec Surfacing Ltd
56 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has an equivalent pay structure (£51.6k)
£52.6k - Ec Surfacing Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £245.6k, this is equally as efficient (£246.7k)
£245.6k - Ec Surfacing Ltd
£246.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (48 days)
39 days - Ec Surfacing Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (38 days)
30 days - Ec Surfacing Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ec Surfacing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is less cash available to meet short term requirements (27 weeks)
11 weeks - Ec Surfacing Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.1%, this is a higher level of debt than the average (62%)
70.1% - Ec Surfacing Ltd
62% - Industry AVG
EC SURFACING LTD financials
EXPORT
Ec Surfacing Ltd's latest turnover from July 2023 is £27.5 million and the company has net assets of £1.9 million. According to their latest financial statements, Ec Surfacing Ltd has 112 employees and maintains cash reserves of £763.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Turnover
27,505,757
18,358,578
11,318,602
15,600,639
9,115,194
7,902,076
6,765,452
6,847,645
5,603,165
2,997,184
1,449,731
3,450,045
1,656,270
Other Income Or Grants
Cost Of Sales
23,063,521
15,699,167
9,226,567
12,616,970
8,026,543
6,939,561
5,962,994
6,035,379
5,020,482
2,705,569
1,299,550
3,049,664
1,460,457
Gross Profit
4,442,236
2,659,411
2,092,035
2,983,669
1,088,651
962,516
802,458
812,266
582,683
291,614
150,181
400,381
195,813
Admin Expenses
4,269,776
1,662,608
1,090,120
1,613,968
703,442
625,819
594,855
269,785
106,929
258,780
200,331
254,793
30,580
Operating Profit
172,460
996,803
1,001,915
1,369,701
385,209
336,697
207,603
542,481
475,754
32,834
-50,150
145,588
165,233
Interest Payable
48,960
22,754
17,195
20,166
Interest Receivable
17
111
2,650
9,521
3,934
659
782
559
338
272
281
151
Pre-Tax Profit
123,500
974,066
984,831
1,352,185
394,731
340,631
208,261
543,264
476,313
33,171
-49,878
145,869
165,385
Tax
-39,007
-212,894
-164,400
-266,780
-74,999
-64,720
-41,652
-108,653
-100,026
-7,629
-37,926
-46,308
Profit After Tax
84,493
761,172
820,431
1,085,405
319,732
275,911
166,609
434,611
376,287
25,542
-49,878
107,943
119,077
Dividends Paid
358,797
402,345
445,140
642,263
Retained Profit
-274,304
358,827
375,291
443,142
319,732
275,911
166,609
434,611
376,287
25,542
-49,878
107,943
119,077
Employee Costs
5,890,861
3,108,848
2,392,251
2,598,156
2,812,455
1,769,075
1,736,379
1,683,951
753,881
428,619
215,872
542,334
284,530
Number Of Employees
112
68
63
65
61
41
41
42
19
11
6
15
8
EBITDA*
979,224
1,539,011
1,488,082
1,810,562
720,154
456,343
309,917
687,515
546,759
63,071
-17,096
174,513
191,114
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Tangible Assets
1,203,579
1,567,229
1,558,248
1,423,297
1,345,338
1,060,834
786,551
670,586
420,815
108,304
112,609
117,277
75,946
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,203,579
1,567,229
1,558,248
1,423,297
1,345,338
1,060,834
786,551
670,586
420,815
108,304
112,609
117,277
75,946
Stock & work in progress
Trade Debtors
2,944,420
3,211,131
2,365,647
1,875,812
1,697,130
1,655,668
1,570,480
1,661,585
1,379,491
679,173
336,604
827,412
355,464
Group Debtors
432,303
Misc Debtors
879,418
790,847
855,019
651,040
Cash
763,231
846,456
1,239,945
1,010,206
1,324,497
1,214,538
359,010
167,900
145,096
78,439
56,606
52,033
60,534
misc current assets
total current assets
5,019,372
4,848,434
4,460,611
3,537,058
3,021,627
2,870,206
1,929,490
1,829,485
1,524,587
757,612
393,210
879,445
415,998
total assets
6,222,951
6,415,663
6,018,859
4,960,355
4,366,965
3,931,040
2,716,041
2,500,071
1,945,402
865,916
505,819
996,722
491,944
Bank overdraft
810,456
83,333
Bank loan
Trade Creditors
1,920,502
2,359,503
1,802,281
1,381,120
2,294,981
2,225,857
1,458,554
1,359,766
1,067,522
614,753
301,643
753,490
348,927
Group/Directors Accounts
28,019
55,568
154,265
other short term finances
hp & lease commitments
450,347
428,058
282,537
262,712
107,083
other current liabilities
304,053
431,182
648,378
616,835
total current liabilities
3,485,358
3,246,762
2,872,097
2,414,932
2,294,981
2,225,857
1,458,554
1,359,766
1,174,605
614,753
301,643
753,490
348,927
loans
hp & lease commitments
611,885
240,167
318,278
139,097
108,372
Accruals and Deferred Income
other liabilities
144,026
106,576
10,233
89,123
27,518
10,421
17,530
provisions
266,803
326,968
234,117
187,250
152,024
142,405
66,963
37,500
83,354
20,861
16,513
16,112
6,310
total long term liabilities
878,688
567,135
552,395
326,347
296,050
248,981
77,196
126,623
191,726
48,379
26,934
16,112
23,840
total liabilities
4,364,046
3,813,897
3,424,492
2,741,279
2,591,031
2,474,838
1,535,750
1,486,389
1,366,331
663,132
328,577
769,602
372,767
net assets
1,858,905
2,601,766
2,594,367
2,219,076
1,775,934
1,456,202
1,180,291
1,013,682
579,071
202,784
177,242
227,120
119,177
total shareholders funds
1,858,905
2,601,766
2,594,367
2,219,076
1,775,934
1,456,202
1,180,291
1,013,682
579,071
202,784
177,242
227,120
119,177
Jul 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Operating Activities
Operating Profit
172,460
996,803
1,001,915
1,369,701
385,209
336,697
207,603
542,481
475,754
32,834
-50,150
145,588
165,233
Depreciation
806,764
542,208
486,167
440,861
334,945
119,646
102,314
145,034
71,005
30,237
33,054
28,925
25,881
Amortisation
Tax
-39,007
-212,894
-164,400
-266,780
-74,999
-64,720
-41,652
-108,653
-100,026
-7,629
-37,926
-46,308
Stock
Debtors
254,163
781,312
693,814
829,722
41,462
85,188
-91,105
282,094
700,318
342,569
-490,808
471,948
355,464
Creditors
-439,001
557,222
421,161
-913,861
69,124
767,303
98,788
292,244
452,769
313,110
-451,847
404,563
348,927
Accruals and Deferred Income
-127,129
-217,196
31,543
616,835
Deferred Taxes & Provisions
-60,165
92,851
46,867
35,226
9,619
75,442
29,463
-45,854
62,493
4,348
401
9,802
6,310
Cash flow from operations
59,759
977,682
1,129,439
452,260
682,436
1,149,180
487,621
543,158
261,677
30,331
22,266
79,004
144,579
Investing Activities
capital expenditure
-443,114
-619,449
-393,929
-218,279
-394,805
-383,516
-25,932
-28,386
-70,256
-101,827
Change in Investments
cash flow from investments
-443,114
-619,449
-393,929
-218,279
-394,805
-383,516
-25,932
-28,386
-70,256
-101,827
Financing Activities
Bank loans
Group/Directors Accounts
-28,019
-27,549
-98,697
154,265
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
394,007
67,410
199,006
401,809
-215,455
215,455
other long term liabilities
-144,026
37,450
96,343
-78,890
89,123
-27,518
17,097
10,421
-17,530
17,530
share issue
-468,557
-351,428
100
interest
-48,960
-22,737
-17,084
-17,516
9,521
3,934
659
782
559
338
272
281
151
cash flow from financing
-151,529
-334,304
83,225
394,532
46,971
100,277
-78,231
-125,550
188,496
17,435
10,693
-17,249
17,781
cash and cash equivalents
cash
-83,225
-393,489
229,739
-314,291
109,959
855,528
191,110
22,804
66,657
21,833
4,573
-8,501
60,534
overdraft
810,456
-83,333
83,333
change in cash
-893,681
-310,156
146,406
-314,291
109,959
855,528
191,110
22,804
66,657
21,833
4,573
-8,501
60,534
ec surfacing ltd 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 ec surfacing ltd. Get real-time insights into ec surfacing ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ec surfacing ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in YO42 area or any other competitors across 12 key performance metrics.
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 4 charges/mortgages relating to ec surfacing ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
ec surfacing ltd 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.
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ec surfacing ltdCompanies House Filings - See Documents
