edseco ltd
edseco ltd Company Information
Company Number
10970974
Website
-Registered Address
1 abbey wood road, kings hill, west malling, ME19 4YT
Industry
Educational support activities
Primary education
Telephone
03456041699
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
-0%
edseco ltd Estimated Valuation
Pomanda estimates the enterprise value of EDSECO LTD at £14.5m based on a Turnover of £22.7m and 0.64x industry multiple (adjusted for size and gross margin).
edseco ltd Estimated Valuation
Pomanda estimates the enterprise value of EDSECO LTD at £4.6m based on an EBITDA of £1.2m and a 3.74x industry multiple (adjusted for size and gross margin).
edseco ltd Estimated Valuation
Pomanda estimates the enterprise value of EDSECO LTD at £0 based on Net Assets of £-204k and 2.15x industry multiple (adjusted for liquidity).
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Edseco Ltd Overview
Edseco Ltd is a live company located in west malling, ME19 4YT with a Companies House number of 10970974. It operates in the educational support services sector, SIC Code 85600. Founded in September 2017, it's largest shareholder is unknown. Edseco Ltd is a young, large sized company, Pomanda has estimated its turnover at £22.7m with healthy growth in recent years.
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Edseco Ltd Health Check
Pomanda's financial health check has awarded Edseco Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £22.7m, make it larger than the average company (£3.5m)
£22.7m - Edseco Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.9%)
9% - Edseco Ltd
6.9% - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (52.7%)
9.3% - Edseco Ltd
52.7% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (5.2%)
4.3% - Edseco Ltd
5.2% - Industry AVG
Employees
with 364 employees, this is above the industry average (69)
364 - Edseco Ltd
69 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has a higher pay structure (£31.8k)
£38.4k - Edseco Ltd
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £62.4k, this is more efficient (£48k)
£62.4k - Edseco Ltd
£48k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (7 days)
0 days - Edseco Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (18 days)
2 days - Edseco Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Edseco Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is less cash available to meet short term requirements (101 weeks)
32 weeks - Edseco Ltd
101 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.2%, this is a higher level of debt than the average (16.1%)
103.2% - Edseco Ltd
16.1% - Industry AVG
EDSECO LTD financials
Edseco Ltd's latest turnover from March 2024 is £22.7 million and the company has net assets of -£204 thousand. According to their latest financial statements, Edseco Ltd has 364 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 22,710,000 | 25,402,000 | 21,677,000 | 17,404,000 | 19,528,000 | 10,956,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 20,608,000 | 19,818,000 | 16,750,000 | 14,450,000 | 16,004,000 | 8,839,000 | |
| Gross Profit | 2,102,000 | 5,584,000 | 4,927,000 | 2,954,000 | 3,524,000 | 2,117,000 | |
| Admin Expenses | 1,121,000 | 5,088,000 | 4,152,000 | 3,274,000 | 4,236,000 | 3,306,000 | |
| Operating Profit | 981,000 | 496,000 | 775,000 | -320,000 | -712,000 | -1,189,000 | |
| Interest Payable | 6,000 | 66,000 | 66,000 | 66,000 | 55,000 | 0 | |
| Interest Receivable | 14,000 | 10,000 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 989,000 | 440,000 | 709,000 | -386,000 | -767,000 | -1,189,000 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 989,000 | 440,000 | 709,000 | -386,000 | -767,000 | -1,189,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 989,000 | 440,000 | 709,000 | -386,000 | -767,000 | -1,189,000 | |
| Employee Costs | 13,985,000 | 15,162,000 | 14,646,000 | 14,852,000 | 14,032,000 | 7,599,000 | |
| Number Of Employees | 364 | 419 | 415 | 440 | 433 | 172 | |
| EBITDA* | 1,224,000 | 721,000 | 945,000 | -144,000 | -595,000 | -1,169,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 216,000 | 320,000 | 121,000 | 113,000 | 125,000 | 102,000 | 0 |
| Intangible Assets | 356,000 | 457,000 | 486,000 | 603,000 | 696,000 | 521,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 572,000 | 777,000 | 607,000 | 716,000 | 821,000 | 623,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 57,000 | 102,000 | 4,246,000 | 4,078,000 | 4,696,000 | 4,196,000 | 0 |
| Group Debtors | 830,000 | 1,440,000 | 175,000 | 83,000 | 342,000 | 52,000 | 0 |
| Misc Debtors | 825,000 | 443,000 | 588,000 | 877,000 | 841,000 | 1,183,000 | 0 |
| Cash | 4,197,000 | 6,054,000 | 3,312,000 | 2,543,000 | 1,567,000 | 1,204,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,909,000 | 8,039,000 | 8,321,000 | 7,581,000 | 7,446,000 | 6,635,000 | 0 |
| total assets | 6,481,000 | 8,816,000 | 8,928,000 | 8,297,000 | 8,267,000 | 7,258,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 113,000 | 71,000 | 62,000 | 199,000 | 270,000 | 75,000 | 0 |
| Group/Directors Accounts | 4,718,000 | 5,106,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,854,000 | 2,632,000 | 8,299,000 | 8,240,000 | 7,753,000 | 6,172,000 | 0 |
| total current liabilities | 6,685,000 | 7,809,000 | 8,361,000 | 8,439,000 | 8,023,000 | 6,247,000 | 0 |
| loans | 0 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 0 |
| total liabilities | 6,685,000 | 10,009,000 | 10,561,000 | 10,639,000 | 10,223,000 | 8,447,000 | 0 |
| net assets | -204,000 | -1,193,000 | -1,633,000 | -2,342,000 | -1,956,000 | -1,189,000 | 0 |
| total shareholders funds | -204,000 | -1,193,000 | -1,633,000 | -2,342,000 | -1,956,000 | -1,189,000 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 981,000 | 496,000 | 775,000 | -320,000 | -712,000 | -1,189,000 | |
| Depreciation | 103,000 | 65,000 | 53,000 | 61,000 | 45,000 | 20,000 | |
| Amortisation | 140,000 | 160,000 | 117,000 | 115,000 | 72,000 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -273,000 | -3,024,000 | -29,000 | -841,000 | 448,000 | 5,431,000 | 0 |
| Creditors | 42,000 | 9,000 | -137,000 | -71,000 | 195,000 | 75,000 | 0 |
| Accruals and Deferred Income | -778,000 | -5,667,000 | 59,000 | 487,000 | 1,581,000 | 6,172,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 761,000 | -1,913,000 | 896,000 | 1,113,000 | 733,000 | -353,000 | |
| Investing Activities | |||||||
| capital expenditure | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | ||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -388,000 | 5,106,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,200,000 | 0 | 0 | 0 | 0 | 2,200,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 8,000 | -56,000 | -66,000 | -66,000 | -55,000 | 0 | |
| cash flow from financing | -2,580,000 | 5,050,000 | -66,000 | -66,000 | -55,000 | 2,200,000 | |
| cash and cash equivalents | |||||||
| cash | -1,857,000 | 2,742,000 | 769,000 | 976,000 | 363,000 | 1,204,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,857,000 | 2,742,000 | 769,000 | 976,000 | 363,000 | 1,204,000 | 0 |
edseco ltd Credit Report and Business Information
Edseco Ltd Competitor Analysis
Perform a competitor analysis for edseco ltd by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in ME19 area or any other competitors across 12 key performance metrics.
edseco ltd Ownership
EDSECO LTD group structure
Edseco Ltd has no subsidiary companies.
Ultimate parent company
EDSECO LTD
10970974
edseco ltd directors
Edseco Ltd currently has 10 directors. The longest serving directors include Mr Alexander Robinson (Jan 2020) and Mr David Whittle (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Robinson | England | 55 years | Jan 2020 | - | Director |
| Mr David Whittle | England | 46 years | Jan 2020 | - | Director |
| Mr Marcus Yarham | England | 50 years | Jan 2021 | - | Director |
| Mr Robin Dargue | England | 57 years | Mar 2021 | - | Director |
| Ms Ceri Richards | England | 65 years | Aug 2021 | - | Director |
| Mr Philip Dearing | England | 74 years | Nov 2021 | - | Director |
| Mr Matthew Johnson | England | 39 years | Sep 2022 | - | Director |
| Mr Simon Pleace | England | 52 years | Oct 2022 | - | Director |
| Mr Robert Boyles | England | 55 years | Sep 2023 | - | Director |
| Mr John Doherty | United Kingdom | 56 years | Sep 2023 | - | Director |
P&L
March 2024turnover
22.7m
-11%
operating profit
981k
+98%
gross margin
9.3%
-57.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-204k
-0.83%
total assets
6.5m
-0.26%
cash
4.2m
-0.31%
net assets
Total assets minus all liabilities
edseco ltd company details
company number
10970974
Type
Private Ltd By Guarantee w/o Share Cap
industry
85600 - Educational support activities
85200 - Primary education
85100 - Pre-primary education
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG
address
1 abbey wood road, kings hill, west malling, ME19 4YT
Bank
-
Legal Advisor
-
edseco 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 edseco ltd.
edseco ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
