
Company Number
10830675
Next Accounts
Apr 2025
Directors
Shareholders
lars johan myrtroen
alexander marius myrtroen
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
suite 428b c/o lexefiscal llp, 33 cavendish square, london, W1G 0PW
Website
www.refecon.co.ukPomanda estimates the enterprise value of ECONOMIC CONSULTANTS LTD at £449.4k based on a Turnover of £805.7k and 0.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ECONOMIC CONSULTANTS LTD at £77.2k based on an EBITDA of £18.9k and a 4.08x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ECONOMIC CONSULTANTS LTD at £1.1m based on Net Assets of £505.8k and 2.13x industry multiple (adjusted for liquidity).
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Economic Consultants Ltd is a dissolved company that was located in london, W1G 0PW with a Companies House number of 10830675. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2017, it's largest shareholder was lars johan myrtroen with a 80% stake. The last turnover for Economic Consultants Ltd was estimated at £805.7k.
Pomanda's financial health check has awarded Economic Consultants Ltd 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
2 Regular
3 Weak
Size
annual sales of £805.7k, make it smaller than the average company (£3m)
- Economic Consultants Ltd
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 141%, show it is growing at a faster rate (2.2%)
- Economic Consultants Ltd
2.2% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Economic Consultants Ltd
38.1% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (6.4%)
- Economic Consultants Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
1 - Economic Consultants Ltd
21 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Economic Consultants Ltd
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £805.7k, this is more efficient (£138.4k)
- Economic Consultants Ltd
£138.4k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (43 days)
- Economic Consultants Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 286 days, this is slower than average (36 days)
- Economic Consultants Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Economic Consultants Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (26 weeks)
49 weeks - Economic Consultants Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (62.6%)
45.4% - Economic Consultants Ltd
62.6% - Industry AVG
Economic Consultants Ltd's latest turnover from June 2022 is estimated at £805.7 thousand and the company has net assets of £505.8 thousand. According to their latest financial statements, Economic Consultants Ltd has 1 employee and maintains cash reserves of £398.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 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 | 1 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
---|---|---|---|---|---|---|
Tangible Assets | 1,119 | 1,119 | 1,399 | 500,000 | ||
Intangible Assets | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | |
Investments & Other | ||||||
Debtors (Due After 1 year) | ||||||
Total Fixed Assets | 501,119 | 501,119 | 501,399 | 500,000 | 500,000 | 500,000 |
Stock & work in progress | ||||||
Trade Debtors | 19,363 | 893 | 893 | 893 | ||
Group Debtors | ||||||
Misc Debtors | ||||||
Cash | 398,824 | 3,830 | 32,890 | 17,261 | 28,398 | |
misc current assets | 6,310 | 4,131 | 3,184 | |||
total current assets | 424,497 | 4,723 | 37,914 | 21,338 | 28,398 | |
total assets | 925,616 | 505,842 | 539,313 | 521,338 | 528,398 | 500,000 |
Bank overdraft | 24,331 | |||||
Bank loan | ||||||
Trade Creditors | 391,055 | 6,154 | 6,154 | 6,154 | 6,154 | |
Group/Directors Accounts | ||||||
other short term finances | ||||||
hp & lease commitments | ||||||
other current liabilities | 4,403 | 10,496 | 5,246 | 3,967 | 14,083 | 2,762 |
total current liabilities | 419,789 | 16,650 | 11,400 | 10,121 | 20,237 | 2,762 |
loans | ||||||
hp & lease commitments | ||||||
Accruals and Deferred Income | ||||||
other liabilities | ||||||
provisions | ||||||
total long term liabilities | ||||||
total liabilities | 419,789 | 16,650 | 11,400 | 10,121 | 20,237 | 2,762 |
net assets | 505,827 | 489,192 | 527,913 | 511,217 | 508,161 | 497,238 |
total shareholders funds | 505,827 | 489,192 | 527,913 | 511,217 | 508,161 | 497,238 |
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 280 | 350 | ||||
Amortisation | 25,000 | |||||
Tax | ||||||
Stock | ||||||
Debtors | 18,470 | 893 | ||||
Creditors | 384,901 | 6,154 | ||||
Accruals and Deferred Income | -6,093 | 5,250 | 1,279 | -10,116 | 11,321 | 2,762 |
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 | 394,994 | -29,060 | 15,629 | -11,137 | 28,398 | |
overdraft | 24,331 | |||||
change in cash | 370,663 | -29,060 | 15,629 | -11,137 | 28,398 |
Perform a competitor analysis for economic consultants ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in W1G area or any other competitors across 12 key performance metrics.
ECONOMIC CONSULTANTS LTD group structure
Economic Consultants Ltd has no subsidiary companies.
Ultimate parent company
ECONOMIC CONSULTANTS LTD
10830675
Economic Consultants Ltd currently has 1 director, Mr Alexander Myrtroen, serving since Dec 2022.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Alexander Myrtroen, | England | 48 years | Dec 2022 | - | Director |
P&L
June 2022turnover
805.7k
+1412%
operating profit
18.9k
0%
gross margin
38.2%
+3.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
505.8k
+0.03%
total assets
925.6k
+0.83%
cash
398.8k
+103.13%
net assets
Total assets minus all liabilities
company number
10830675
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2022
previous names
N/A
accountant
-
auditor
-
address
suite 428b c/o lexefiscal llp, 33 cavendish square, london, W1G 0PW
Bank
-
Legal Advisor
-
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 economic consultants ltd.
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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