ec3 brokers group limited
ec3 brokers group limited Company Information
Company Number
10608820
Website
www.ec3brokers.comRegistered Address
3rd floor cutlers court, 115 houndsditch, london, EC3A 7BR
Industry
Non-trading company
Telephone
02036219345
Next Accounts Due
646 days late
Group Structure
View All
Shareholders
b p marsh & company limited 33.2%
daniel driscoll 25.4%
View Allec3 brokers group limited Estimated Valuation
Pomanda estimates the enterprise value of EC3 BROKERS GROUP LIMITED at £5.1m based on a Turnover of £4.8m and 1.06x industry multiple (adjusted for size and gross margin).
ec3 brokers group limited Estimated Valuation
Pomanda estimates the enterprise value of EC3 BROKERS GROUP LIMITED at £0 based on an EBITDA of £-4.2m and a 8.94x industry multiple (adjusted for size and gross margin).
ec3 brokers group limited Estimated Valuation
Pomanda estimates the enterprise value of EC3 BROKERS GROUP LIMITED at £0 based on Net Assets of £-9.2m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ec3 Brokers Group Limited Overview
Ec3 Brokers Group Limited is a live company located in london, EC3A 7BR with a Companies House number of 10608820. It operates in the non-trading company sector, SIC Code 74990. Founded in February 2017, it's largest shareholder is b p marsh & company limited with a 33.2% stake. Ec3 Brokers Group Limited is a young, small sized company, Pomanda has estimated its turnover at £4.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ec3 Brokers Group Limited Health Check
Pomanda's financial health check has awarded Ec3 Brokers Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £4.8m, make it larger than the average company (£3.1m)
£4.8m - Ec3 Brokers Group Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 123%, show it is growing at a faster rate (1.8%)
123% - Ec3 Brokers Group Limited
1.8% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (33.9%)
100% - Ec3 Brokers Group Limited
33.9% - Industry AVG
Profitability
an operating margin of -125.7% make it less profitable than the average company (5%)
-125.7% - Ec3 Brokers Group Limited
5% - Industry AVG
Employees
with 49 employees, this is similar to the industry average (42)
49 - Ec3 Brokers Group Limited
42 - Industry AVG
Pay Structure
on an average salary of £120.1k, the company has a higher pay structure (£37k)
£120.1k - Ec3 Brokers Group Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £98k, this is less efficient (£135.9k)
£98k - Ec3 Brokers Group Limited
£135.9k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (45 days)
35 days - Ec3 Brokers Group Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ec3 Brokers Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ec3 Brokers Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (33 weeks)
7 weeks - Ec3 Brokers Group Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 153%, this is a higher level of debt than the average (53.1%)
153% - Ec3 Brokers Group Limited
53.1% - Industry AVG
EC3 BROKERS GROUP LIMITED financials
Ec3 Brokers Group Limited's latest turnover from December 2020 is £4.8 million and the company has net assets of -£9.2 million. According to their latest financial statements, Ec3 Brokers Group Limited has 49 employees and maintains cash reserves of £724.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|
| Turnover | 4,801,228 | 10,678,652 | 10,196,579 | 435,553 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 |
| Gross Profit | 4,801,228 | 10,678,652 | 10,196,579 | 435,553 |
| Admin Expenses | 10,837,285 | 11,431,253 | 10,194,417 | 418,464 |
| Operating Profit | -6,036,057 | -752,601 | 2,162 | 17,089 |
| Interest Payable | 106,908 | 159,888 | 179,820 | 0 |
| Interest Receivable | 8,038 | 1,908 | 930 | 341 |
| Pre-Tax Profit | -7,176,591 | -1,980,948 | -1,254,322 | 17,430 |
| Tax | 402,765 | -403,283 | -448,875 | -24,230 |
| Profit After Tax | -6,773,826 | -2,384,231 | -1,703,197 | -6,800 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -6,262,484 | -2,388,482 | -1,719,735 | -8,906 |
| Employee Costs | 5,883,169 | 5,977,626 | 5,148,994 | 237,788 |
| Number Of Employees | 49 | 45 | 40 | 16 |
| EBITDA* | -4,152,077 | 1,123,324 | 1,882,213 | 17,854 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|
| Tangible Assets | 57,058 | 53,921 | 68,213 | 30,261 |
| Intangible Assets | 12,859,176 | 14,667,041 | 16,518,755 | 18,378,866 |
| Investments & Other | 524,267 | 22,190 | 0 | 0 |
| Debtors (Due After 1 year) | 968,817 | 590,470 | 377,958 | 225,458 |
| Total Fixed Assets | 14,409,318 | 15,333,622 | 16,964,926 | 18,634,585 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 460,802 | 1,014,941 | 91,097 | 543,009 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,723,387 | 3,971,947 | 5,165,781 | 3,064,951 |
| Cash | 724,360 | 968,480 | 1,054,423 | 1,993,817 |
| misc current assets | 42,681 | 0 | 0 | 0 |
| total current assets | 2,951,230 | 5,955,368 | 6,311,301 | 5,601,777 |
| total assets | 17,360,548 | 21,288,990 | 23,276,227 | 24,236,362 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 236,647 | 95,290 | 211,641 | 541,174 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 4,800,852 | 4,172,113 | 3,156,744 | 1,692,361 |
| total current liabilities | 5,037,499 | 4,267,403 | 3,368,385 | 2,233,535 |
| loans | 21,526,882 | 20,241,482 | 20,741,482 | 21,103,982 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 9,103 | 4,994 |
| total long term liabilities | 21,526,882 | 20,241,482 | 20,750,585 | 21,108,976 |
| total liabilities | 26,564,381 | 24,508,885 | 24,118,970 | 23,342,511 |
| net assets | -9,203,833 | -3,257,765 | -876,362 | 876,770 |
| total shareholders funds | -9,203,833 | -3,257,765 | -876,362 | 876,770 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -6,036,057 | -752,601 | 2,162 | 17,089 |
| Depreciation | 33,534 | 24,211 | 19,940 | 765 |
| Amortisation | 1,850,446 | 1,851,714 | 1,860,111 | 0 |
| Tax | 402,765 | -403,283 | -448,875 | -24,230 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -2,424,352 | -57,478 | 1,801,418 | 3,833,418 |
| Creditors | 141,357 | -116,351 | -329,533 | 541,174 |
| Accruals and Deferred Income | 628,739 | 1,015,369 | 1,464,383 | 1,692,361 |
| Deferred Taxes & Provisions | 0 | -9,103 | 4,109 | 4,994 |
| Cash flow from operations | -554,864 | 1,667,434 | 770,879 | -1,601,265 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | -67,341 | -7,454,272 |
| Change in Investments | 502,077 | 22,190 | 0 | 0 |
| cash flow from investments | -502,077 | -22,190 | -67,341 | -7,454,272 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 1,285,400 | -500,000 | -362,500 | 21,103,982 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -98,870 | -157,980 | -178,890 | 341 |
| cash flow from financing | 1,502,946 | -650,901 | -574,787 | 21,989,999 |
| cash and cash equivalents | ||||
| cash | -244,120 | -85,943 | -939,394 | 1,993,817 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -244,120 | -85,943 | -939,394 | 1,993,817 |
ec3 brokers group limited Credit Report and Business Information
Ec3 Brokers Group Limited Competitor Analysis
Perform a competitor analysis for ec3 brokers group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ec3 brokers group limited Ownership
EC3 BROKERS GROUP LIMITED group structure
Ec3 Brokers Group Limited has 2 subsidiary companies.
Ultimate parent company
EC3 BROKERS GROUP LIMITED
10608820
2 subsidiaries
ec3 brokers group limited directors
Ec3 Brokers Group Limited currently has 5 directors. The longest serving directors include Mr Simon Harvey (Oct 2017) and Mr Michael Fletcher (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Harvey | England | 51 years | Oct 2017 | - | Director |
| Mr Michael Fletcher | United Kingdom | 49 years | Oct 2017 | - | Director |
| Mr Daniel Driscoll | England | 51 years | Oct 2017 | - | Director |
| Mr James Murphy | 51 years | Feb 2020 | - | Director | |
| Mr Oliver Bogue | England | 36 years | Aug 2022 | - | Director |
P&L
December 2020turnover
4.8m
-55%
operating profit
-6m
+702%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-9.2m
+1.83%
total assets
17.4m
-0.18%
cash
724.4k
-0.25%
net assets
Total assets minus all liabilities
ec3 brokers group limited company details
company number
10608820
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
February 2017
age
7
accounts
Group
ultimate parent company
previous names
ensco 1222 limited (October 2017)
incorporated
UK
address
3rd floor cutlers court, 115 houndsditch, london, EC3A 7BR
last accounts submitted
December 2020
ec3 brokers group 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 ec3 brokers group limited.
ec3 brokers group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
