echo sports fitness limited

1

echo sports fitness limited Company Information

Share ECHO SPORTS FITNESS LIMITED
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Company Number

09467951

Website

-

Registered Address

27 st. cuthberts street, bedford, bedfordshire, MK40 3JG

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

View All

Directors

Kamal Elgargni9 Years

Khiri Mihoub0 Years

Shareholders

kamal elgargni 100%

echo sports fitness limited Estimated Valuation

£2.5k

Pomanda estimates the enterprise value of ECHO SPORTS FITNESS LIMITED at £2.5k based on a Turnover of £4.6k and 0.54x industry multiple (adjusted for size and gross margin).

echo sports fitness limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ECHO SPORTS FITNESS LIMITED at £0 based on an EBITDA of £-9.6k and a 2x industry multiple (adjusted for size and gross margin).

echo sports fitness limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ECHO SPORTS FITNESS LIMITED at £0 based on Net Assets of £-100.9k and 1.7x industry multiple (adjusted for liquidity).

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Echo Sports Fitness Limited Overview

Echo Sports Fitness Limited is a live company located in bedfordshire, MK40 3JG with a Companies House number of 09467951. It operates in the other sports activities sector, SIC Code 93199. Founded in March 2015, it's largest shareholder is kamal elgargni with a 100% stake. Echo Sports Fitness Limited is a young, micro sized company, Pomanda has estimated its turnover at £4.6k with declining growth in recent years.

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Echo Sports Fitness Limited Health Check

Pomanda's financial health check has awarded Echo Sports Fitness Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £4.6k, make it smaller than the average company (£618k)

£4.6k - Echo Sports Fitness Limited

£618k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (12%)

-39% - Echo Sports Fitness Limited

12% - Industry AVG

production

Production

with a gross margin of 18.7%, this company has a higher cost of product (44.5%)

18.7% - Echo Sports Fitness Limited

44.5% - Industry AVG

profitability

Profitability

an operating margin of -209.3% make it less profitable than the average company (2%)

-209.3% - Echo Sports Fitness Limited

2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Echo Sports Fitness Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)

£27.2k - Echo Sports Fitness Limited

£27.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.6k, this is less efficient (£64.4k)

£4.6k - Echo Sports Fitness Limited

£64.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 45 days, this is later than average (14 days)

45 days - Echo Sports Fitness Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 158 days, this is slower than average (30 days)

158 days - Echo Sports Fitness Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Echo Sports Fitness Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Echo Sports Fitness Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 144.5%, this is a higher level of debt than the average (37.4%)

144.5% - Echo Sports Fitness Limited

37.4% - Industry AVG

ECHO SPORTS FITNESS LIMITED financials

EXPORTms excel logo

Echo Sports Fitness Limited's latest turnover from March 2024 is estimated at £4.6 thousand and the company has net assets of -£100.9 thousand. According to their latest financial statements, we estimate that Echo Sports Fitness Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover4,5674,58521,68720,301163,350356,006365,643370,494716,721
Other Income Or Grants000000000
Cost Of Sales3,7153,60516,77116,591130,207266,744273,296277,232540,609
Gross Profit8529804,9163,71033,14389,26292,34793,262176,112
Admin Expenses10,40912,85614,407-1,82147,865103,010107,320109,729190,692
Operating Profit-9,557-11,876-9,4915,531-14,722-13,748-14,973-16,467-14,580
Interest Payable000000000
Interest Receivable000000001
Pre-Tax Profit-9,557-11,876-9,4915,531-14,722-13,748-14,973-16,467-14,579
Tax000-1,05100000
Profit After Tax-9,557-11,876-9,4914,480-14,722-13,748-14,973-16,467-14,579
Dividends Paid000000000
Retained Profit-9,557-11,876-9,4914,480-14,722-13,748-14,973-16,467-14,579
Employee Costs27,24126,55826,36523,76947,42795,20088,13290,503139,741
Number Of Employees111124446
EBITDA*-9,557-11,876-9,4915,531-14,722-13,748-14,973-16,46712,808

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets226,322235,402246,752260,384262,976281,220302,866331,082109,552
Intangible Assets00000000190,000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets226,322235,402246,752260,384262,976281,220302,866331,082299,552
Stock & work in progress000000000
Trade Debtors5666633,7473,2792226944712,4970
Group Debtors000000000
Misc Debtors000000000
Cash00000000387
misc current assets000000000
total current assets5666633,7473,2792226944712,497387
total assets226,888236,065250,499263,663263,198281,914303,337333,579299,939
Bank overdraft000000000
Bank loan000000000
Trade Creditors 1,6161,2361,436700126,147341,681349,356364,625314,517
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities1,6161,2361,436700126,147341,681349,356364,625314,517
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities326,205326,205328,563332,972211,5400000
provisions000000000
total long term liabilities326,205326,205328,563332,972211,5400000
total liabilities327,821327,441329,999333,672337,687341,681349,356364,625314,517
net assets-100,933-91,376-79,500-70,009-74,489-59,767-46,019-31,046-14,578
total shareholders funds-100,933-91,376-79,500-70,009-74,489-59,767-46,019-31,046-14,578
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-9,557-11,876-9,4915,531-14,722-13,748-14,973-16,467-14,580
Depreciation0000000027,388
Amortisation000000000
Tax000-1,05100000
Stock000000000
Debtors-97-3,0844683,057-472223-2,0262,4970
Creditors380-200736-125,447-215,534-7,675-15,26950,108314,517
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations-9,080-8,992-9,223-124,024-229,784-21,646-28,21631,144327,325
Investing Activities
capital expenditure9,08011,35013,6322,59218,24421,64628,216-31,530-326,940
Change in Investments000000000
cash flow from investments9,08011,35013,6322,59218,24421,64628,216-31,530-326,940
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities0-2,358-4,409121,432211,5400000
share issue0000000-11
interest000000001
cash flow from financing0-2,358-4,409121,432211,54000-12
cash and cash equivalents
cash0000000-387387
overdraft000000000
change in cash0000000-387387

echo sports fitness limited 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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Echo Sports Fitness Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for echo sports fitness limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in MK40 area or any other competitors across 12 key performance metrics.

echo sports fitness limited Ownership

ECHO SPORTS FITNESS LIMITED group structure

Echo Sports Fitness Limited has no subsidiary companies.

Ultimate parent company

ECHO SPORTS FITNESS LIMITED

09467951

ECHO SPORTS FITNESS LIMITED Shareholders

kamal elgargni 100%

echo sports fitness limited directors

Echo Sports Fitness Limited currently has 2 directors. The longest serving directors include Mr Kamal Elgargni (Mar 2015) and Mr Khiri Mihoub (Oct 2024).

officercountryagestartendrole
Mr Kamal ElgargniEngland52 years Mar 2015- Director
Mr Khiri MihoubEngland52 years Oct 2024- Director

P&L

March 2024

turnover

4.6k

0%

operating profit

-9.6k

0%

gross margin

18.7%

-12.71%

turnover

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

Balance Sheet

March 2024

net assets

-100.9k

+0.1%

total assets

226.9k

-0.04%

cash

0

0%

net assets

Total assets minus all liabilities

echo sports fitness limited company details

company number

09467951

Type

Private limited with Share Capital

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

March 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

27 st. cuthberts street, bedford, bedfordshire, MK40 3JG

Bank

-

Legal Advisor

-

echo sports fitness 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 echo sports fitness limited.

charges

echo sports fitness limited Companies House Filings - See Documents

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