eintech ltd

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eintech ltd Company Information

Share EINTECH LTD

Company Number

07344876

Shareholders

james carter

reed in partnership ltd

Group Structure

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Industry

Business and domestic software development

 

Registered Address

86 - 90 paul street, london, EC2A 4NE

eintech ltd Estimated Valuation

£748.5k

Pomanda estimates the enterprise value of EINTECH LTD at £748.5k based on a Turnover of £1.1m and 0.69x industry multiple (adjusted for size and gross margin).

eintech ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of EINTECH LTD at £0 based on an EBITDA of £-29.5k and a 4.28x industry multiple (adjusted for size and gross margin).

eintech ltd Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of EINTECH LTD at £6.4m based on Net Assets of £2.7m and 2.37x industry multiple (adjusted for liquidity).

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Eintech Ltd Overview

Eintech Ltd is a live company located in london, EC2A 4NE with a Companies House number of 07344876. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2010, it's largest shareholder is james carter with a 50% stake. Eintech Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.

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Eintech Ltd Health Check

Pomanda's financial health check has awarded Eintech Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£4.5m)

£1.1m - Eintech Ltd

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (10.2%)

38% - Eintech Ltd

10.2% - Industry AVG

production

Production

with a gross margin of 41.8%, this company has a higher cost of product (72.1%)

41.8% - Eintech Ltd

72.1% - Industry AVG

profitability

Profitability

an operating margin of -30.4% make it less profitable than the average company (3.5%)

-30.4% - Eintech Ltd

3.5% - Industry AVG

employees

Employees

with 20 employees, this is below the industry average (42)

20 - Eintech Ltd

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.6k, the company has a lower pay structure (£72.3k)

£22.6k - Eintech Ltd

£72.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54k, this is less efficient (£122.7k)

£54k - Eintech Ltd

£122.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (57 days)

84 days - Eintech Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 131 days, this is slower than average (41 days)

131 days - Eintech Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eintech Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 268 weeks, this is more cash available to meet short term requirements (17 weeks)

268 weeks - Eintech Ltd

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (62.9%)

16.8% - Eintech Ltd

62.9% - Industry AVG

EINTECH LTD financials

EXPORTms excel logo

Eintech Ltd's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £2.7 million. According to their latest financial statements, Eintech Ltd has 20 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Turnover1,079,647638,436772,367802,895407,878198,250135,127176,672512,618218,37762,6198,2065,063
Other Income Or Grants
Cost Of Sales628,032369,399437,308457,380232,109116,28880,242100,197289,708121,51535,5054,5302,663
Gross Profit451,615269,037335,058345,514175,76881,96254,88576,475222,91096,86327,1143,6762,401
Admin Expenses780,379575,290380,823123,020154,686-14,05050,295131,296238,09188,84919,2112,172-347
Operating Profit-328,764-306,253-45,765222,49421,08296,0124,590-54,821-15,1818,0147,9031,5042,748
Interest Payable
Interest Receivable85,32537,5191,20594731343762183712615
Pre-Tax Profit-243,439-268,734-44,560222,58821,15696,1464,627-54,821-15,1198,1987,9751,5302,763
Tax-42,292-4,020-18,268-879-1,639-1,675-352-663
Profit After Tax-243,439-268,734-44,560180,29617,13677,8783,748-54,821-15,1196,5586,3001,1782,100
Dividends Paid
Retained Profit-243,439-268,734-44,560180,29617,13677,8783,748-54,821-15,1196,5586,3001,1782,100
Employee Costs451,343121,132143,797278,165118,35658,743112,940215,945106,70253,53850,99551,989
Number Of Employees2014139721242111
EBITDA*-29,507-223,02687,457271,77437,89997,9284,590-54,821-15,1818,01411,8641,5042,748

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Tangible Assets20,05021,36419,70920,87311,0556,3722333,7598,6661,7121,289
Intangible Assets1,819,1901,097,558959,087518,918168,93255,9547,06210,594
Investments & Other-8,582
Debtors (Due After 1 year)8,5822,372
Total Fixed Assets1,839,2401,118,922978,796539,791179,98762,3262,6053,7598,6668,77411,883
Stock & work in progress
Trade Debtors249,750133,933244,343329,757137,25571,24046,45361,474155,89562,85617,5342,2361,353
Group Debtors
Misc Debtors
Cash1,173,2672,077,20571,00166,724120,56825,8479,92449,31324,0144,5076,0261
misc current assets
total current assets1,423,0172,211,138315,344396,481257,82397,08756,37761,474155,895112,16941,5486,7437,3791
total assets3,262,2573,330,0601,294,140936,272437,810159,41358,98265,233164,561120,94353,4316,7437,3791
Bank overdraft
Bank loan
Trade Creditors 226,942164,222482,043216,734157,84338,67725,06752,81297,319104,8072,1596001,560
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities39,3162,8643,718
total current liabilities226,942164,222482,043216,734157,84338,67725,06752,81297,319104,80741,4753,4645,278
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities22,000465,722418,519235,00892,91383,97066,22566,2252,377
provisions322,233187,317165,68075,764
total long term liabilities322,233209,317631,402494,283235,00892,91383,97066,22566,2252,377
total liabilities549,175373,5391,113,445711,017392,851131,590109,037119,037163,544104,80743,8523,4645,278
net assets2,713,0822,956,521180,695225,25544,95927,823-50,055-53,8041,01716,1369,5793,2792,1011
total shareholders funds2,713,0822,956,521180,695225,25544,95927,823-50,055-53,8041,01716,1369,5793,2792,1011
Dec 2023Dec 2022Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Operating Activities
Operating Profit-328,764-306,253-45,765222,49421,08296,0124,590-54,821-15,1818,0147,9031,5042,748
Depreciation11,6563,0947,5005,2302,645458430
Amortisation287,60180,133125,72244,05014,1721,4583,531
Tax-42,292-4,020-18,268-879-1,639-1,675-352-663
Stock
Debtors115,817-195,824-85,414192,50266,01522,415-12,649-94,42193,03945,32215,2988831,353
Creditors62,720-52,512265,30958,891119,16613,610-27,745-44,507-7,488102,6481,559-9601,560
Accruals and Deferred Income-39,31636,452-8543,718
Deferred Taxes & Provisions134,916111,55389,91675,764
Cash flow from operations52,31231,839528,096171,63587,03070,855-11,385-4,907-115,70824,38532,902-1,5456,010
Investing Activities
capital expenditure-1,019,575-662,358-572,227-409,084-134,478-64,0093,5264,9071083,109-15,844
Change in Investments8,582-8,582
cash flow from investments-1,019,575-662,358-572,227-409,084-143,060-55,4273,5264,9071083,109-15,844
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-22,000-396,51947,203183,511142,0958,94317,74566,225-2,3772,377
share issue3,000,0001-11
interest85,32537,5191,20594731343762183712615
cash flow from financing63,3252,641,00048,408183,605142,1689,07717,78366,287-2,1952,44826151
cash and cash equivalents
cash-903,9382,010,4814,277-53,84494,72115,9239,924-49,31325,29919,507-1,5196,0251
overdraft
change in cash-903,9382,010,4814,277-53,84494,72115,9239,924-49,31325,29919,507-1,5196,0251

eintech ltd 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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Eintech Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eintech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.

eintech ltd Ownership

EINTECH LTD group structure

Eintech Ltd has no subsidiary companies.

Ultimate parent company

EINTECH LTD

07344876

EINTECH LTD Shareholders

james carter 50%
reed in partnership ltd 50%

eintech ltd directors

Eintech Ltd currently has 4 directors. The longest serving directors include Mr James Carter (Aug 2010) and Mr Marc Carpenter (Oct 2022).

officercountryagestartendrole
Mr James CarterEngland43 years Aug 2010- Director
Mr Marc CarpenterEngland65 years Oct 2022- Director
Ms Donna MurrellEngland45 years Nov 2023- Director
Ms Carla AlexandraEngland41 years Nov 2024- Director

P&L

December 2023

turnover

1.1m

+69%

operating profit

-328.8k

0%

gross margin

41.9%

-0.74%

turnover

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

Balance Sheet

December 2023

net assets

2.7m

-0.08%

total assets

3.3m

-0.02%

cash

1.2m

-0.44%

net assets

Total assets minus all liabilities

eintech ltd company details

company number

07344876

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

einstein technologies ltd (August 2011)

accountant

-

auditor

-

address

86 - 90 paul street, london, EC2A 4NE

Bank

-

Legal Advisor

-

eintech ltd 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 eintech ltd.

eintech 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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eintech ltd Companies House Filings - See Documents

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