easitech limited
easitech limited Company Information
Group Structure
View All
Industry
Other information service activities n.e.c.
Registered Address
40 byron close, hitchin, hertfordshire, SG4 0QS
Website
easitech-direct.co.ukeasitech limited Estimated Valuation
Pomanda estimates the enterprise value of EASITECH LIMITED at £25.8k based on a Turnover of £39.5k and 0.65x industry multiple (adjusted for size and gross margin).
easitech limited Estimated Valuation
Pomanda estimates the enterprise value of EASITECH LIMITED at £0 based on an EBITDA of £-1.9k and a 3.81x industry multiple (adjusted for size and gross margin).
easitech limited Estimated Valuation
Pomanda estimates the enterprise value of EASITECH LIMITED at £16.3k based on Net Assets of £6.8k and 2.39x industry multiple (adjusted for liquidity).
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Easitech Limited Overview
Easitech Limited is a live company located in hertfordshire, SG4 0QS with a Companies House number of 09978414. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in February 2016, it's largest shareholder is steven marlow with a 100% stake. Easitech Limited is a young, micro sized company, Pomanda has estimated its turnover at £39.5k with unknown growth in recent years.
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Easitech Limited Health Check
Pomanda's financial health check has awarded Easitech Limited 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
1 Strong
1 Regular
7 Weak
Size
annual sales of £39.5k, make it smaller than the average company (£561.5k)
- Easitech Limited
£561.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Easitech Limited
- - Industry AVG
Production
with a gross margin of 34.7%, this company has a higher cost of product (58.2%)
- Easitech Limited
58.2% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (5.5%)
- Easitech Limited
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Easitech Limited
17 - Industry AVG
Pay Structure
on an average salary of £25.1k, the company has an equivalent pay structure (£25.1k)
- Easitech Limited
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £39.5k, this is less efficient (£49.4k)
- Easitech Limited
£49.4k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (34 days)
- Easitech Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (39 days)
- Easitech Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Easitech Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Easitech Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.2%, this is a higher level of debt than the average (34.8%)
45.2% - Easitech Limited
34.8% - Industry AVG
EASITECH LIMITED financials
Easitech Limited's latest turnover from February 2019 is estimated at £39.5 thousand and the company has net assets of £6.8 thousand. According to their latest financial statements, Easitech Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 12,412 | 40,723 | 42,225 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 12,412 | 40,723 | 42,225 |
| total assets | 12,412 | 40,723 | 42,225 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 5,611 | 32,039 | 30,716 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 5,611 | 32,039 | 30,716 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 5,611 | 32,039 | 30,716 |
| net assets | 6,801 | 8,684 | 11,509 |
| total shareholders funds | 6,801 | 8,684 | 11,509 |
| Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -28,311 | -1,502 | 42,225 |
| Creditors | -26,428 | 1,323 | 30,716 |
| Accruals and Deferred Income | |||
| 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 | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
easitech limited Credit Report and Business Information
Easitech Limited Competitor Analysis
Perform a competitor analysis for easitech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SG4 area or any other competitors across 12 key performance metrics.
easitech limited Ownership
EASITECH LIMITED group structure
Easitech Limited has no subsidiary companies.
Ultimate parent company
EASITECH LIMITED
09978414
easitech limited directors
Easitech Limited currently has 1 director, Mr Steven Marlow serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Marlow | 50 years | Feb 2016 | - | Director |
P&L
February 2019turnover
39.5k
-53%
operating profit
-1.9k
0%
gross margin
34.7%
-3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2019net assets
6.8k
-0.22%
total assets
12.4k
-0.7%
cash
0
0%
net assets
Total assets minus all liabilities
easitech limited company details
company number
09978414
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2019
previous names
N/A
accountant
-
auditor
-
address
40 byron close, hitchin, hertfordshire, SG4 0QS
Bank
-
Legal Advisor
-
easitech 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 easitech limited.
easitech limited 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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easitech limited Companies House Filings - See Documents
| date | description | view/download |
|---|
