ecommpay limited
ecommpay limited Company Information
Company Number
08580802
Next Accounts
Mar 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
ecommpay holding limited
Group Structure
View All
Contact
Registered Address
5th floor, churchill house, 142-146 old street, london, EC1V 9BW
Website
www.ecommpay.comecommpay limited Estimated Valuation
Pomanda estimates the enterprise value of ECOMMPAY LIMITED at £60.9m based on a Turnover of £32.2m and 1.89x industry multiple (adjusted for size and gross margin).
ecommpay limited Estimated Valuation
Pomanda estimates the enterprise value of ECOMMPAY LIMITED at £16.8m based on an EBITDA of £2.4m and a 6.98x industry multiple (adjusted for size and gross margin).
ecommpay limited Estimated Valuation
Pomanda estimates the enterprise value of ECOMMPAY LIMITED at £17.9m based on Net Assets of £13.7m and 1.31x industry multiple (adjusted for liquidity).
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Ecommpay Limited Overview
Ecommpay Limited is a live company located in london, EC1V 9BW with a Companies House number of 08580802. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2013, it's largest shareholder is ecommpay holding limited with a 100% stake. Ecommpay Limited is a established, large sized company, Pomanda has estimated its turnover at £32.2m with declining growth in recent years.
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Ecommpay Limited Health Check
Pomanda's financial health check has awarded Ecommpay Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £32.2m, make it larger than the average company (£4.6m)
£32.2m - Ecommpay Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (3.8%)
-16% - Ecommpay Limited
3.8% - Industry AVG
Production
with a gross margin of 32.3%, this company has a higher cost of product (56.6%)
32.3% - Ecommpay Limited
56.6% - Industry AVG
Profitability
an operating margin of 4.7% make it less profitable than the average company (9.6%)
4.7% - Ecommpay Limited
9.6% - Industry AVG
Employees
with 217 employees, this is above the industry average (12)
217 - Ecommpay Limited
12 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has a lower pay structure (£75.1k)
£33.6k - Ecommpay Limited
£75.1k - Industry AVG
Efficiency
resulting in sales per employee of £148.4k, this is less efficient (£199.1k)
£148.4k - Ecommpay Limited
£199.1k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (33 days)
34 days - Ecommpay Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (47 days)
8 days - Ecommpay Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ecommpay Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (31 weeks)
41 weeks - Ecommpay Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.1%, this is a lower level of debt than the average (68.2%)
27.1% - Ecommpay Limited
68.2% - Industry AVG
ECOMMPAY LIMITED financials
Ecommpay Limited's latest turnover from June 2023 is £32.2 million and the company has net assets of £13.7 million. According to their latest financial statements, Ecommpay Limited has 217 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,194,212 | 40,184,680 | 35,127,169 | 54,994,657 | 64,308,725 | 70,804,797 | 34,845,302 | 11,677,394 | 996,083 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 21,790,298 | 28,520,371 | 27,049,748 | 44,434,420 | 51,956,800 | 61,969,148 | 31,076,177 | 10,553,671 | 892,695 | |
| Gross Profit | 10,403,915 | 11,664,309 | 8,077,420 | 10,560,238 | 12,351,926 | 8,835,649 | 3,769,125 | 1,123,723 | 103,388 | |
| Admin Expenses | 8,889,853 | 9,928,581 | 6,596,087 | 9,150,568 | 7,139,664 | 6,199,822 | 2,540,704 | 878,656 | 169,446 | |
| Operating Profit | 1,514,062 | 1,735,728 | 1,481,333 | 1,409,670 | 5,212,262 | 2,635,827 | 1,228,421 | 245,067 | -66,058 | |
| Interest Payable | 52,108 | 23,216 | 26,953 | 47,741 | 0 | 0 | 0 | 8,735 | 11,363 | |
| Interest Receivable | 142,121 | 87,004 | 105,600 | 59,142 | 392,272 | 187,304 | 33,158 | 4,573 | 11 | |
| Pre-Tax Profit | 1,604,076 | 1,799,517 | 1,559,980 | 1,421,071 | 5,604,535 | 2,823,131 | 1,261,579 | 563,194 | -77,410 | |
| Tax | -353,456 | -361,685 | -229,314 | -255,542 | -1,090,699 | -558,921 | -244,610 | -81,067 | 0 | |
| Profit After Tax | 1,250,620 | 1,437,833 | 1,330,665 | 1,165,529 | 4,513,836 | 2,264,210 | 1,016,969 | 482,127 | -77,410 | |
| Dividends Paid | 0 | 0 | 0 | 4,184,451 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 1,250,620 | 1,437,833 | 1,330,665 | -3,018,921 | 4,513,836 | 2,264,210 | 1,016,969 | 482,127 | -77,410 | |
| Employee Costs | 7,289,694 | 6,625,829 | 6,105,232 | 5,685,914 | 4,248,970 | 2,884,819 | 1,477,658 | 295,298 | 0 | |
| Number Of Employees | 217 | 198 | 201 | 190 | 158 | 127 | 92 | 32 | 2 | |
| EBITDA* | 2,410,623 | 2,801,221 | 2,686,449 | 2,623,025 | 5,300,946 | 2,684,932 | 1,245,727 | 246,482 | -66,058 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,629,344 | 8,127,815 | 6,398,199 | 2,566,811 | 2,604,708 | 192,462 | 83,839 | 25,774 | 12 | 0 |
| Intangible Assets | 83,777 | 36,828 | 17,607 | 36,564 | 37,729 | 14,288 | 13,841 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 0 |
| Debtors (Due After 1 year) | 5,263,429 | 5,123,945 | 5,349,322 | 542,123 | 2,410,300 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,713,121 | 8,164,642 | 6,415,805 | 2,603,375 | 2,642,436 | 206,749 | 97,680 | 25,773 | 12 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,056,856 | 2,713,995 | 5,061,210 | 10,062,609 | 7,615,453 | 7,167,856 | 9,341,615 | 1,614,720 | 425,581 | 137,068 |
| Group Debtors | 3,841,813 | 732,550 | 348,158 | 434,325 | 369,411 | 10,692,087 | 0 | 461,659 | 0 | 0 |
| Misc Debtors | 807,841 | 665,816 | 602,714 | 473,850 | 497,740 | 413,826 | 0 | 139,121 | 0 | 0 |
| Cash | 2,321,203 | 5,278,135 | 1,751,091 | 1,635,294 | 1,150,006 | 702,221 | 598,792 | 524,005 | 16,322 | 99,788 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,027,714 | 9,390,498 | 7,763,175 | 12,606,079 | 9,632,612 | 18,975,991 | 9,940,407 | 2,739,507 | 441,904 | 236,856 |
| total assets | 18,740,835 | 17,555,140 | 14,178,980 | 15,209,454 | 12,275,048 | 19,182,740 | 10,038,087 | 2,765,280 | 441,916 | 236,856 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 531,981 | 384,247 | 493,661 | 221,497 | 196,430 | 7,558,211 | 8,098,168 | 1,312,660 | 249,293 | 65,868 |
| Group/Directors Accounts | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 754,268 | 673,680 | 693,086 | 1,089,392 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,593,348 | 2,060,295 | 1,532,744 | 3,655,546 | 3,560,102 | 7,677,116 | 274,860 | 774,663 | 6,148 | 0 |
| total current liabilities | 2,879,599 | 3,118,224 | 2,719,493 | 4,966,438 | 3,756,534 | 15,235,329 | 8,373,029 | 2,087,326 | 255,442 | 65,868 |
| loans | 4,135,928 | 3,915,478 | 34,846 | 1,470,278 | 0 | 0 | 0 | 366,870 | 348,160 | 0 |
| hp & lease commitments | 2,067,964 | 1,957,739 | 17,423 | 735,139 | 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 | 128,489 |
| provisions | 278,258 | 151,320 | 94,400 | 78,316 | 74,196 | 73,134 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,207,093 | 2,033,400 | 64,623 | 774,297 | 37,098 | 36,567 | 0 | 183,435 | 174,080 | 128,490 |
| total liabilities | 5,086,692 | 5,151,624 | 2,784,116 | 5,740,735 | 3,793,632 | 15,271,896 | 8,373,029 | 2,270,761 | 429,522 | 194,358 |
| net assets | 13,654,142 | 12,403,516 | 11,394,864 | 9,468,719 | 8,481,417 | 3,910,844 | 1,665,058 | 494,519 | 12,394 | 42,498 |
| total shareholders funds | 13,654,141 | 12,403,517 | 11,394,864 | 9,468,719 | 8,481,417 | 3,910,844 | 1,665,059 | 494,519 | 12,394 | 42,498 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,514,062 | 1,735,728 | 1,481,333 | 1,409,670 | 5,212,262 | 2,635,827 | 1,228,421 | 245,067 | -66,058 | |
| Depreciation | 895,069 | 1,065,492 | 1,205,117 | 1,213,355 | 88,685 | 49,105 | 17,307 | 1,415 | 0 | 0 |
| Amortisation | 1,492 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -353,456 | -361,685 | -229,314 | -255,542 | -1,090,699 | -558,921 | -244,610 | -81,067 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,733,632 | -2,125,098 | -151,503 | 620,003 | -7,380,864 | 8,932,155 | 7,126,113 | 1,789,920 | 288,514 | 137,067 |
| Creditors | 147,734 | -109,415 | 272,164 | 25,067 | -7,361,781 | -539,958 | 6,785,508 | 1,063,366 | 183,425 | 65,868 |
| Accruals and Deferred Income | -466,947 | 527,551 | -2,122,802 | 95,444 | -4,117,014 | 7,402,256 | -499,803 | 768,515 | 6,148 | 0 |
| Deferred Taxes & Provisions | 126,938 | 56,920 | 16,084 | 4,120 | 1,062 | 73,134 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,868,740 | 5,039,689 | 774,085 | 1,872,111 | 113,379 | 129,288 | 160,710 | 207,376 | -164,999 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12 | 12 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1 | 1 | 0 | 0 | -1 | 1 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 220,450 | 3,880,632 | -1,435,432 | 1,470,278 | 0 | 0 | -366,870 | 18,710 | 348,160 | 0 |
| Hire Purchase and Lease Commitments | 190,813 | 1,920,910 | -1,114,022 | 1,824,531 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -128,489 | 128,489 |
| share issue | ||||||||||
| interest | 90,013 | 63,788 | 78,647 | 11,401 | 392,272 | 187,304 | 33,158 | -4,162 | -11,352 | |
| cash flow from financing | 501,281 | 5,436,150 | -1,875,328 | 7,312,434 | 449,010 | 168,879 | -180,142 | 14,547 | 255,625 | |
| cash and cash equivalents | ||||||||||
| cash | -2,956,932 | 3,527,044 | 115,797 | 485,288 | 447,785 | 103,429 | 74,787 | 507,683 | -83,466 | 99,788 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,956,932 | 3,527,044 | 115,797 | 485,288 | 447,785 | 103,429 | 74,787 | 507,683 | -83,466 | 99,788 |
ecommpay limited Credit Report and Business Information
Ecommpay Limited Competitor Analysis
Perform a competitor analysis for ecommpay limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC1V area or any other competitors across 12 key performance metrics.
ecommpay limited Ownership
ECOMMPAY LIMITED group structure
Ecommpay Limited has no subsidiary companies.
Ultimate parent company
ECOMMPAY HOLDING LTD
#0016715
1 parent
ECOMMPAY LIMITED
08580802
ecommpay limited directors
Ecommpay Limited currently has 5 directors. The longest serving directors include Mr Paul Marcantonio (Feb 2020) and Mr Willem Wellinghoff (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Marcantonio | United Kingdom | 53 years | Feb 2020 | - | Director |
| Mr Willem Wellinghoff | England | 44 years | Sep 2023 | - | Director |
| Arturs Gocs | England | 35 years | Sep 2023 | - | Director |
| Mr Moshe Winegarten | England | 41 years | Oct 2023 | - | Director |
| Mr Paul Marcantonio | United Kingdom | 53 years | Nov 2024 | - | Director |
P&L
June 2023turnover
32.2m
-20%
operating profit
1.5m
-13%
gross margin
32.4%
+11.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
13.7m
+0.1%
total assets
18.7m
+0.07%
cash
2.3m
-0.56%
net assets
Total assets minus all liabilities
ecommpay limited company details
company number
08580802
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
5th floor, churchill house, 142-146 old street, london, EC1V 9BW
Bank
-
Legal Advisor
-
ecommpay 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 ecommpay limited.
ecommpay limited Capital Raised & Share Issues BETA
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ecommpay limited Companies House Filings - See Documents
| date | description | view/download |
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