ecotec electrics ltd
ecotec electrics ltd Company Information
Group Structure
View All
Industry
Electrical installation
Registered Address
sfp warehouse w 3, western gateway, london, E16 1BD
Website
www.ecotecgroup.co.ukecotec electrics ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOTEC ELECTRICS LTD at £20.1k based on a Turnover of £52.4k and 0.38x industry multiple (adjusted for size and gross margin).
ecotec electrics ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOTEC ELECTRICS LTD at £0 based on an EBITDA of £-13.8k and a 4.09x industry multiple (adjusted for size and gross margin).
ecotec electrics ltd Estimated Valuation
Pomanda estimates the enterprise value of ECOTEC ELECTRICS LTD at £0 based on Net Assets of £-13.6k and 2.45x industry multiple (adjusted for liquidity).
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Ecotec Electrics Ltd Overview
Ecotec Electrics Ltd is a live company located in london, E16 1BD with a Companies House number of 08900315. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2014, it's largest shareholder is james smith with a 100% stake. Ecotec Electrics Ltd is a established, micro sized company, Pomanda has estimated its turnover at £52.4k with low growth in recent years.
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Ecotec Electrics Ltd Health Check
Pomanda's financial health check has awarded Ecotec Electrics Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £52.4k, make it smaller than the average company (£1.4m)
- Ecotec Electrics Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3%)
- Ecotec Electrics Ltd
3% - Industry AVG
Production
with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)
- Ecotec Electrics Ltd
25.3% - Industry AVG
Profitability
an operating margin of -31.6% make it less profitable than the average company (6.8%)
- Ecotec Electrics Ltd
6.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Ecotec Electrics Ltd
19 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
- Ecotec Electrics Ltd
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £52.4k, this is less efficient (£121.5k)
- Ecotec Electrics Ltd
£121.5k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (63 days)
- Ecotec Electrics Ltd
63 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (44 days)
- Ecotec Electrics Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is more than average (10 days)
- Ecotec Electrics Ltd
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (26 weeks)
54 weeks - Ecotec Electrics Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.8%, this is a higher level of debt than the average (63.9%)
121.8% - Ecotec Electrics Ltd
63.9% - Industry AVG
ECOTEC ELECTRICS LTD financials
Ecotec Electrics Ltd's latest turnover from February 2022 is estimated at £52.4 thousand and the company has net assets of -£13.6 thousand. According to their latest financial statements, Ecotec Electrics Ltd has 1 employee and maintains cash reserves of £40.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,767 | 3,449 | 2,673 | 1,706 | 1,221 | 1,492 | 1,161 | 738 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 5,767 | 3,449 | 2,673 | 1,706 | 1,221 | 1,492 | 1,161 | 738 |
| Stock & work in progress | 5,300 | 10,300 | 17,348 | 100 | ||||
| Trade Debtors | 4,284 | 36,253 | 662 | 1,195 | ||||
| Group Debtors | ||||||||
| Misc Debtors | 6,349 | 13,187 | 598 | 738 | 472 | |||
| Cash | 40,504 | 35,641 | 27,732 | 884 | 1,524 | 3,245 | 2,277 | 136 |
| misc current assets | ||||||||
| total current assets | 56,437 | 95,381 | 46,340 | 1,722 | 1,996 | 3,245 | 2,277 | 1,331 |
| total assets | 62,204 | 98,830 | 49,013 | 3,428 | 3,217 | 4,737 | 3,438 | 2,069 |
| Bank overdraft | 55 | |||||||
| Bank loan | ||||||||
| Trade Creditors | 1,579 | 3,102 | 18,109 | 1,524 | 510 | 3,246 | 1,902 | |
| Group/Directors Accounts | 35,846 | 35,946 | 22,217 | |||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,299 | 12,698 | 6,769 | 1,058 | 1,943 | 4,044 | ||
| total current liabilities | 38,724 | 51,746 | 47,150 | 2,582 | 1,943 | 4,554 | 3,246 | 1,902 |
| loans | 37,059 | 41,750 | ||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 37,059 | 41,750 | ||||||
| total liabilities | 75,783 | 93,496 | 47,150 | 2,582 | 1,943 | 4,554 | 3,246 | 1,902 |
| net assets | -13,579 | 5,334 | 1,863 | 846 | 1,274 | 183 | 192 | 167 |
| total shareholders funds | -13,579 | 5,334 | 1,863 | 846 | 1,274 | 183 | 192 | 167 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,770 | 871 | 351 | 331 | 396 | 498 | 387 | 246 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -5,000 | -7,048 | 17,248 | 100 | ||||
| Debtors | -38,807 | 48,180 | 522 | 266 | 472 | -1,195 | 1,195 | |
| Creditors | -1,523 | -15,007 | 16,585 | 1,524 | -510 | -2,736 | 1,344 | 1,902 |
| Accruals and Deferred Income | -11,399 | 5,929 | 5,711 | -885 | -2,101 | 4,044 | ||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -100 | 13,729 | 22,217 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | -4,691 | 41,750 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 4,863 | 7,909 | 26,848 | -640 | -1,721 | 968 | 2,141 | 136 |
| overdraft | -55 | 55 | ||||||
| change in cash | 4,863 | 7,964 | 26,793 | -640 | -1,721 | 968 | 2,141 | 136 |
ecotec electrics ltd Credit Report and Business Information
Ecotec Electrics Ltd Competitor Analysis
Perform a competitor analysis for ecotec electrics ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E16 area or any other competitors across 12 key performance metrics.
ecotec electrics ltd Ownership
ECOTEC ELECTRICS LTD group structure
Ecotec Electrics Ltd has no subsidiary companies.
Ultimate parent company
ECOTEC ELECTRICS LTD
08900315
ecotec electrics ltd directors
Ecotec Electrics Ltd currently has 1 director, Mr James Smith serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Smith | United Kingdom | 40 years | Feb 2014 | - | Director |
P&L
February 2022turnover
52.4k
-64%
operating profit
-16.5k
0%
gross margin
25.3%
+0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-13.6k
-3.55%
total assets
62.2k
-0.37%
cash
40.5k
+0.14%
net assets
Total assets minus all liabilities
ecotec electrics ltd company details
company number
08900315
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
ecotec electrical services (leicester) ltd (October 2022)
electrical supplies direct ltd (March 2019)
See moreaccountant
CARTER & CO
auditor
-
address
sfp warehouse w 3, western gateway, london, E16 1BD
Bank
-
Legal Advisor
-
ecotec electrics 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 ecotec electrics ltd.
ecotec electrics 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.
Click to start generating capital raising & share issue transactions for ECOTEC ELECTRICS LTD. This can take several minutes, an email will notify you when this has completed.
ecotec electrics ltd Companies House Filings - See Documents
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