ecodryenergy limited Company Information
Company Number
09075900
Website
ecodryenergy.co.ukRegistered Address
unit 23 cottesbrooke park, heartlands business park, daventry, NN11 8YL
Industry
Other manufacturing n.e.c.
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Telephone
01327307136
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
ecodryenergy limited 30%
katerina patmore 30%
View Allecodryenergy limited Estimated Valuation
Pomanda estimates the enterprise value of ECODRYENERGY LIMITED at £941.4k based on a Turnover of £1.8m and 0.51x industry multiple (adjusted for size and gross margin).
ecodryenergy limited Estimated Valuation
Pomanda estimates the enterprise value of ECODRYENERGY LIMITED at £1.7m based on an EBITDA of £445.2k and a 3.88x industry multiple (adjusted for size and gross margin).
ecodryenergy limited Estimated Valuation
Pomanda estimates the enterprise value of ECODRYENERGY LIMITED at £3.3m based on Net Assets of £1.3m and 2.53x industry multiple (adjusted for liquidity).
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Ecodryenergy Limited Overview
Ecodryenergy Limited is a live company located in daventry, NN11 8YL with a Companies House number of 09075900. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in June 2014, it's largest shareholder is ecodryenergy limited with a 30% stake. Ecodryenergy Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with rapid growth in recent years.
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Ecodryenergy Limited Health Check
Pomanda's financial health check has awarded Ecodryenergy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£10.7m)
- Ecodryenergy Limited
£10.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (4.9%)
- Ecodryenergy Limited
4.9% - Industry AVG
Production
with a gross margin of 36.7%, this company has a comparable cost of product (36.7%)
- Ecodryenergy Limited
36.7% - Industry AVG
Profitability
an operating margin of 17.7% make it more profitable than the average company (6.4%)
- Ecodryenergy Limited
6.4% - Industry AVG
Employees
with 25 employees, this is below the industry average (58)
25 - Ecodryenergy Limited
58 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Ecodryenergy Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £73.6k, this is less efficient (£152.5k)
- Ecodryenergy Limited
£152.5k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (34 days)
- Ecodryenergy Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 118 days, this is slower than average (42 days)
- Ecodryenergy Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (87 days)
- Ecodryenergy Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (17 weeks)
17 weeks - Ecodryenergy Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.1%, this is a lower level of debt than the average (54.6%)
25.1% - Ecodryenergy Limited
54.6% - Industry AVG
ECODRYENERGY LIMITED financials
Ecodryenergy Limited's latest turnover from June 2023 is estimated at £1.8 million and the company has net assets of £1.3 million. According to their latest financial statements, Ecodryenergy Limited has 25 employees and maintains cash reserves of £146 thousand 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 | |
---|---|---|---|---|---|---|---|---|---|
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 | 60,271 | 50,245 | |||||||
Number Of Employees | 25 | 22 | 8 | 5 | 4 | 4 | |||
EBITDA* |
* 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 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,136,321 | 916,703 | 599,585 | 451,259 | 602,375 | 600,412 | 648,946 | 464,804 | 258,311 |
Intangible Assets | 60,667 | 68,667 | 76,667 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,196,988 | 985,370 | 676,252 | 451,259 | 602,375 | 600,412 | 648,946 | 464,804 | 258,311 |
Stock & work in progress | 105,000 | 171,629 | 60,000 | 5,000 | 50,000 | 45,000 | 43,350 | 100,000 | 70,000 |
Trade Debtors | 104,949 | 61,903 | 1,331 | 7,401 | 10,151 | 6,205 | 8,089 | 25,125 | 145,023 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 161,071 | 156,018 | 152,810 | 133,583 | 75,711 | 160,955 | 140,517 | 185,331 | 0 |
Cash | 146,015 | 89,812 | 33,390 | 186,453 | 3,227 | 32,979 | 32,104 | 13,705 | 32,618 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 517,035 | 479,362 | 247,531 | 332,437 | 139,089 | 245,139 | 224,060 | 324,161 | 247,641 |
total assets | 1,714,023 | 1,464,732 | 923,783 | 783,696 | 741,464 | 845,551 | 873,006 | 788,965 | 505,952 |
Bank overdraft | 33,204 | 42,014 | 50,000 | 1,519 | 11,561 | 21,442 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 379,476 | 266,156 | 194,496 | 241,585 | 208,250 | 232,196 | 360,044 | 220,388 | 170,974 |
Group/Directors Accounts | 0 | 100,000 | 0 | 0 | 4,528 | 27,500 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 18,122 | 18,122 | 30,781 | 1,201 | 1,673 | 16,242 | 5,972 | 12,191 | 6,373 |
total current liabilities | 430,802 | 426,292 | 275,277 | 244,305 | 226,012 | 297,380 | 366,016 | 232,579 | 177,347 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 100,000 |
total liabilities | 430,802 | 426,292 | 275,277 | 244,305 | 226,012 | 297,380 | 366,016 | 282,579 | 277,347 |
net assets | 1,283,221 | 1,038,440 | 648,506 | 539,391 | 515,452 | 548,171 | 506,990 | 506,386 | 228,605 |
total shareholders funds | 1,283,221 | 1,038,440 | 648,506 | 539,391 | 515,452 | 548,171 | 506,990 | 506,386 | 228,605 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 112,548 | 86,506 | 53,782 | 50,170 | 66,931 | 66,712 | 72,105 | 36,512 | 28,701 |
Amortisation | 8,000 | 8,000 | 3,333 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | -66,629 | 111,629 | 55,000 | -45,000 | 5,000 | 1,650 | -56,650 | 30,000 | 70,000 |
Debtors | 48,099 | 63,780 | 13,157 | 55,122 | -81,298 | 18,554 | -61,850 | 65,433 | 145,023 |
Creditors | 113,320 | 71,660 | -47,089 | 33,335 | -23,946 | -127,848 | 139,656 | 49,414 | 170,974 |
Accruals and Deferred Income | 0 | -12,659 | 29,580 | -472 | -14,569 | 10,270 | -6,219 | 5,818 | 6,373 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -100,000 | 100,000 | 0 | -4,528 | -22,972 | 27,500 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 100,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -50,000 | 50,000 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 56,203 | 56,422 | -153,063 | 183,226 | -29,752 | 875 | 18,399 | -18,913 | 32,618 |
overdraft | -8,810 | -7,986 | 48,481 | -10,042 | -9,881 | 21,442 | 0 | 0 | 0 |
change in cash | 65,013 | 64,408 | -201,544 | 193,268 | -19,871 | -20,567 | 18,399 | -18,913 | 32,618 |
ecodryenergy limited Credit Report and Business Information
Ecodryenergy Limited Competitor Analysis
Perform a competitor analysis for ecodryenergy limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NN11 area or any other competitors across 12 key performance metrics.
ecodryenergy limited Ownership
ECODRYENERGY LIMITED group structure
Ecodryenergy Limited has no subsidiary companies.
Ultimate parent company
ECODRYENERGY LIMITED
09075900
ecodryenergy limited directors
Ecodryenergy Limited currently has 2 directors. The longest serving directors include Mr John Patmore (May 2017) and Mr James Patmore (Jun 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Patmore | England | 72 years | May 2017 | - | Director |
Mr James Patmore | England | 44 years | Jun 2019 | - | Director |
P&L
June 2023turnover
1.8m
+36%
operating profit
324.6k
0%
gross margin
36.7%
+2.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.3m
+0.24%
total assets
1.7m
+0.17%
cash
146k
+0.63%
net assets
Total assets minus all liabilities
ecodryenergy limited company details
company number
09075900
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
unit 23 cottesbrooke park, heartlands business park, daventry, NN11 8YL
Bank
-
Legal Advisor
-
ecodryenergy 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 ecodryenergy limited.
ecodryenergy limited Companies House Filings - See Documents
date | description | view/download |
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