ecoonline simple compliance limited
ecoonline simple compliance limited Company Information
Company Number
08271004
Next Accounts
187 days late
Shareholders
ecoonline uk limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
newhouse farm business centre, langley road, edstone, B95 6DL
Website
simplecompliance.co.ukecoonline simple compliance limited Estimated Valuation
Pomanda estimates the enterprise value of ECOONLINE SIMPLE COMPLIANCE LIMITED at £674.3k based on a Turnover of £989.9k and 0.68x industry multiple (adjusted for size and gross margin).
ecoonline simple compliance limited Estimated Valuation
Pomanda estimates the enterprise value of ECOONLINE SIMPLE COMPLIANCE LIMITED at £1.3m based on an EBITDA of £315.8k and a 4.16x industry multiple (adjusted for size and gross margin).
ecoonline simple compliance limited Estimated Valuation
Pomanda estimates the enterprise value of ECOONLINE SIMPLE COMPLIANCE LIMITED at £3.1m based on Net Assets of £1.3m and 2.38x industry multiple (adjusted for liquidity).
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Ecoonline Simple Compliance Limited Overview
Ecoonline Simple Compliance Limited is a live company located in edstone, B95 6DL with a Companies House number of 08271004. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2012, it's largest shareholder is ecoonline uk limited with a 100% stake. Ecoonline Simple Compliance Limited is a established, small sized company, Pomanda has estimated its turnover at £989.9k with healthy growth in recent years.
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Ecoonline Simple Compliance Limited Health Check
Pomanda's financial health check has awarded Ecoonline Simple Compliance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £989.9k, make it smaller than the average company (£3.9m)
£989.9k - Ecoonline Simple Compliance Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.9%)
- Ecoonline Simple Compliance Limited
7.9% - Industry AVG
Production
with a gross margin of 41.1%, this company has a higher cost of product (71.4%)
41.1% - Ecoonline Simple Compliance Limited
71.4% - Industry AVG
Profitability
an operating margin of 31.6% make it more profitable than the average company (3.4%)
31.6% - Ecoonline Simple Compliance Limited
3.4% - Industry AVG
Employees
with 15 employees, this is below the industry average (36)
15 - Ecoonline Simple Compliance Limited
36 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has a lower pay structure (£68.1k)
£35.3k - Ecoonline Simple Compliance Limited
£68.1k - Industry AVG
Efficiency
resulting in sales per employee of £66k, this is less efficient (£114.3k)
£66k - Ecoonline Simple Compliance Limited
£114.3k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (60 days)
66 days - Ecoonline Simple Compliance Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (48 days)
10 days - Ecoonline Simple Compliance Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ecoonline Simple Compliance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (19 weeks)
34 weeks - Ecoonline Simple Compliance Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (62.8%)
37.3% - Ecoonline Simple Compliance Limited
62.8% - Industry AVG
ECOONLINE SIMPLE COMPLIANCE LIMITED financials
Ecoonline Simple Compliance Limited's latest turnover from December 2022 is £989.9 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Ecoonline Simple Compliance Limited has 15 employees and maintains cash reserves of £510.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 989,851 | 1,017,902 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 583,299 | 550,896 | ||||||||
| Gross Profit | 406,552 | 467,006 | ||||||||
| Admin Expenses | 94,131 | 321,276 | ||||||||
| Operating Profit | 312,421 | 145,730 | ||||||||
| Interest Payable | ||||||||||
| Interest Receivable | 2,117 | |||||||||
| Pre-Tax Profit | 312,421 | 147,847 | ||||||||
| Tax | 8,251 | -24,214 | ||||||||
| Profit After Tax | 320,672 | 123,633 | ||||||||
| Dividends Paid | ||||||||||
| Retained Profit | 320,672 | 123,633 | ||||||||
| Employee Costs | 529,090 | 763,400 | ||||||||
| Number Of Employees | 15 | 14 | 13 | 13 | ||||||
| EBITDA* | 315,810 | 150,275 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 455 | 3,424 | 7,865 | 10,488 | 12,419 | 1,337 | 1,285 | 595 | 793 | 1,057 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 455 | 3,424 | 7,865 | 10,488 | 12,419 | 1,337 | 1,285 | 595 | 793 | 1,057 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 179,559 | 254,504 | 100,546 | 68,724 | 63,821 | 106,944 | 20,280 | 36,257 | 98,085 | 50,123 |
| Group Debtors | 1,330,283 | 702,091 | ||||||||
| Misc Debtors | 30,200 | 2,313 | 272 | 272 | 216 | |||||
| Cash | 510,217 | 180,125 | 865,845 | 651,826 | 324,238 | 91,546 | 220,890 | 75,730 | 44,071 | 27,783 |
| misc current assets | ||||||||||
| total current assets | 2,050,259 | 1,139,033 | 966,391 | 720,550 | 388,059 | 198,762 | 241,442 | 112,203 | 142,156 | 77,906 |
| total assets | 2,050,714 | 1,142,457 | 974,256 | 731,038 | 400,478 | 200,099 | 242,727 | 112,798 | 142,949 | 78,963 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 16,616 | 6,595 | 8,694 | 26,943 | 34,372 | 45,580 | 34,994 | 13,376 | 33,412 | 31,956 |
| Group/Directors Accounts | 630,647 | 119 | 119 | 119 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 118,095 | 171,178 | 141,162 | 134,132 | 71,755 | 40,189 | 65,418 | 14,575 | ||
| total current liabilities | 765,358 | 177,773 | 149,975 | 161,194 | 106,246 | 85,769 | 100,412 | 27,951 | 33,412 | 31,956 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 765,358 | 177,773 | 149,975 | 161,194 | 106,246 | 85,769 | 100,412 | 27,951 | 33,412 | 31,956 |
| net assets | 1,285,356 | 964,684 | 824,281 | 569,844 | 294,232 | 114,330 | 142,315 | 84,847 | 109,537 | 47,007 |
| total shareholders funds | 1,285,356 | 964,684 | 824,281 | 569,844 | 294,232 | 114,330 | 142,315 | 84,847 | 109,537 | 47,007 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 312,421 | 145,730 | ||||||||
| Depreciation | 3,389 | 4,545 | 2,623 | 3,129 | 3,005 | 445 | 429 | 198 | 264 | 353 |
| Amortisation | ||||||||||
| Tax | 8,251 | -24,214 | ||||||||
| Stock | ||||||||||
| Debtors | 581,134 | 858,362 | 31,822 | 4,903 | -43,395 | 86,664 | -15,921 | -61,612 | 47,962 | 50,123 |
| Creditors | 10,021 | -2,099 | -18,249 | -7,429 | -11,208 | 10,586 | 21,618 | -20,036 | 1,456 | 31,956 |
| Accruals and Deferred Income | -53,083 | 30,016 | 7,030 | 62,377 | 31,566 | -25,229 | 50,843 | 14,575 | ||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -300,135 | -704,384 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 630,647 | -119 | 119 | |||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 2,117 | |||||||||
| cash flow from financing | 630,647 | 18,768 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 330,092 | -685,720 | 214,019 | 327,588 | 232,692 | -129,344 | 145,160 | 31,659 | 16,288 | 27,783 |
| overdraft | ||||||||||
| change in cash | 330,092 | -685,720 | 214,019 | 327,588 | 232,692 | -129,344 | 145,160 | 31,659 | 16,288 | 27,783 |
ecoonline simple compliance limited Credit Report and Business Information
Ecoonline Simple Compliance Limited Competitor Analysis
Perform a competitor analysis for ecoonline simple compliance limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in B95 area or any other competitors across 12 key performance metrics.
ecoonline simple compliance limited Ownership
ECOONLINE SIMPLE COMPLIANCE LIMITED group structure
Ecoonline Simple Compliance Limited has no subsidiary companies.
Ultimate parent company
ECOONLINE AS
#0088052
2 parents
ECOONLINE SIMPLE COMPLIANCE LIMITED
08271004
ecoonline simple compliance limited directors
Ecoonline Simple Compliance Limited currently has 2 directors. The longest serving directors include Mr Andreas Nordsjo (Jun 2024) and Mr Thomas Goodmanson (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andreas Nordsjo | Scotland | 39 years | Jun 2024 | - | Director |
| Mr Thomas Goodmanson | England | 55 years | Jun 2024 | - | Director |
P&L
December 2022turnover
989.9k
-3%
operating profit
312.4k
+114%
gross margin
41.1%
-10.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.3m
+0.33%
total assets
2.1m
+0.8%
cash
510.2k
+1.83%
net assets
Total assets minus all liabilities
ecoonline simple compliance limited company details
company number
08271004
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
riley software limited (May 2023)
accountant
-
auditor
KPMG LLP
address
newhouse farm business centre, langley road, edstone, B95 6DL
Bank
HSBC BANK PLC
Legal Advisor
-
ecoonline simple compliance 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 ecoonline simple compliance limited.
ecoonline simple compliance 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 ECOONLINE SIMPLE COMPLIANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
ecoonline simple compliance limited Companies House Filings - See Documents
| date | description | view/download |
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