e2 change ltd.

e2 change ltd. Company Information

Share E2 CHANGE LTD.
Live 
EstablishedMicroDeclining

Company Number

09286795

Industry

Leasing of intellectual property and similar products, except copyrighted works

 

Directors

James Wilk

Shareholders

anne lesley wilk

james wilk

Group Structure

View All

Contact

Registered Address

c/o simpson wreford & partners, suffolk house, croydon, CR0 0YN

Website

-

e2 change ltd. Estimated Valuation

£32.7k

Pomanda estimates the enterprise value of E2 CHANGE LTD. at £32.7k based on a Turnover of £62.1k and 0.53x industry multiple (adjusted for size and gross margin).

e2 change ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of E2 CHANGE LTD. at £0 based on an EBITDA of £-1.4k and a 2.71x industry multiple (adjusted for size and gross margin).

e2 change ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of E2 CHANGE LTD. at £0 based on Net Assets of £-10.1k and 1.29x industry multiple (adjusted for liquidity).

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E2 Change Ltd. Overview

E2 Change Ltd. is a live company located in croydon, CR0 0YN with a Companies House number of 09286795. It operates in the leasing of intellectual property and similar products, except copyright works sector, SIC Code 77400. Founded in October 2014, it's largest shareholder is anne lesley wilk with a 51% stake. E2 Change Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £62.1k with declining growth in recent years.

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E2 Change Ltd. Health Check

Pomanda's financial health check has awarded E2 Change Ltd. a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £62.1k, make it smaller than the average company (£3.7m)

£62.1k - E2 Change Ltd.

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (2.9%)

-29% - E2 Change Ltd.

2.9% - Industry AVG

production

Production

with a gross margin of 69.4%, this company has a comparable cost of product (85.3%)

69.4% - E2 Change Ltd.

85.3% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (21.3%)

-2.3% - E2 Change Ltd.

21.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - E2 Change Ltd.

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £84.7k, the company has an equivalent pay structure (£84.7k)

£84.7k - E2 Change Ltd.

£84.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.1k, this is less efficient (£383.4k)

£62.1k - E2 Change Ltd.

£383.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (50 days)

102 days - E2 Change Ltd.

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 528 days, this is slower than average (88 days)

528 days - E2 Change Ltd.

88 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - E2 Change Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - E2 Change Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 158.3%, this is a higher level of debt than the average (54.8%)

158.3% - E2 Change Ltd.

54.8% - Industry AVG

E2 CHANGE LTD. financials

EXPORTms excel logo

E2 Change Ltd.'s latest turnover from October 2023 is estimated at £62.1 thousand and the company has net assets of -£10.1 thousand. According to their latest financial statements, E2 Change Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Turnover62,082466,10138,820171,80182,3983,2493,2731,7092,516
Other Income Or Grants000000000
Cost Of Sales19,008186,18610,93795,60739,4941,5232,0891,4422,067
Gross Profit43,075279,91527,88476,19442,9041,7271,184267449
Admin Expenses44,495277,49034,51972,96149,2231,7271,0611,379-395
Operating Profit-1,4202,425-6,6353,233-6,3190123-1,112844
Interest Payable000000000
Interest Receivable000000012
Pre-Tax Profit-1,4202,425-6,6353,233-6,3190123-1,111846
Tax0-4610-61400-230-169
Profit After Tax-1,4201,964-6,6352,619-6,3190100-1,111677
Dividends Paid000000000
Retained Profit-1,4201,964-6,6352,619-6,3190100-1,111677
Employee Costs84,71483,44846,01457,22560,55456,44223,26462,17557,109
Number Of Employees111111111
EBITDA*-1,4202,425-6,6353,233-6,3190123-1,112844

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Tangible Assets000000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets000000000
Stock & work in progress000000000
Trade Debtors17,375281,62717,72356,89716,449666666500500
Group Debtors000000000
Misc Debtors000000000
Cash0000000166945
misc current assets000000000
total current assets17,375281,62717,72356,89716,4496666666661,445
total assets17,375281,62717,72356,89716,4496666666661,445
Bank overdraft000000000
Bank loan000000000
Trade Creditors 27,500290,33228,39260,93123,1021,0001,0001,000668
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities27,500290,33228,39260,93123,1021,0001,0001,000668
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities27,500290,33228,39260,93123,1021,0001,0001,000668
net assets-10,125-8,705-10,669-4,034-6,653-334-334-334777
total shareholders funds-10,125-8,705-10,669-4,034-6,653-334-334-334777
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Operating Activities
Operating Profit-1,4202,425-6,6353,233-6,3190123-1,112844
Depreciation000000000
Amortisation000000000
Tax0-4610-61400-230-169
Stock000000000
Debtors-264,252263,904-39,17440,44815,78301660500
Creditors-262,832261,940-32,53937,82922,10200332668
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations000000-66-780843
Investing Activities
capital expenditure000000000
Change in Investments000000000
cash flow from investments000000000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000-1000100
interest000000012
cash flow from financing000000-1001102
cash and cash equivalents
cash000000-166-779945
overdraft000000000
change in cash000000-166-779945

e2 change 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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E2 Change Ltd. Competitor Analysis

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Perform a competitor analysis for e2 change ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CR0 area or any other competitors across 12 key performance metrics.

e2 change ltd. Ownership

E2 CHANGE LTD. group structure

E2 Change Ltd. has no subsidiary companies.

Ultimate parent company

E2 CHANGE LTD.

09286795

E2 CHANGE LTD. Shareholders

anne lesley wilk 51%
james wilk 49%

e2 change ltd. directors

E2 Change Ltd. currently has 1 director, Dr James Wilk serving since Oct 2014.

officercountryagestartendrole
Dr James WilkUnited Kingdom69 years Oct 2014- Director

P&L

October 2023

turnover

62.1k

-87%

operating profit

-1.4k

0%

gross margin

69.4%

+15.53%

turnover

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

Balance Sheet

October 2023

net assets

-10.1k

+0.16%

total assets

17.4k

-0.94%

cash

0

0%

net assets

Total assets minus all liabilities

e2 change ltd. company details

company number

09286795

Type

Private limited with Share Capital

industry

77400 - Leasing of intellectual property and similar products, except copyrighted works

incorporation date

October 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

lcfir ltd (February 2024)

accountant

-

auditor

-

address

c/o simpson wreford & partners, suffolk house, croydon, CR0 0YN

Bank

-

Legal Advisor

-

e2 change 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 e2 change ltd..

e2 change 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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e2 change ltd. Companies House Filings - See Documents

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