Other information technology and computer service activities
Registered Address
unit 4 willows gate, stoke lyne road, bicester, OX27 9AU
Website
-
eco iot ltdEstimated Valuation
£358.5k
Pomanda estimates the enterprise value of ECO IOT LTD at £358.5k based on a Turnover of £499.9k and 0.72x industry multiple (adjusted for size and gross margin).
eco iot ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ECO IOT LTD at £0 based on an EBITDA of £-12.8k and a 4.88x industry multiple (adjusted for size and gross margin).
eco iot ltdEstimated Valuation
£47.6k
Pomanda estimates the enterprise value of ECO IOT LTD at £47.6k based on Net Assets of £21.2k and 2.25x industry multiple (adjusted for liquidity).
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Eco Iot LtdOverview
Eco Iot Ltd is a live company located in bicester, OX27 9AU with a Companies House number of 11365917. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2018, it's largest shareholder is
neil edwards
with a 50% stake. Eco Iot Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£499.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Eco Iot Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £499.9k, make it smaller than the average company (£6.7m)
£499.9k - Eco Iot Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (6.7%)
34% - Eco Iot Ltd
6.7% - Industry AVG
Production
with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)
50.2% - Eco Iot Ltd
50.2% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (3.5%)
-2.6% - Eco Iot Ltd
3.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (41)
7 - Eco Iot Ltd
41 - Industry AVG
Pay Structure
on an average salary of £70.7k, the company has an equivalent pay structure (£70.7k)
£70.7k - Eco Iot Ltd
£70.7k - Industry AVG
Efficiency
resulting in sales per employee of £71.4k, this is less efficient (£172.8k)
£71.4k - Eco Iot Ltd
£172.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (54 days)
16 days - Eco Iot Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (35 days)
32 days - Eco Iot Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eco Iot Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is average cash available to meet short term requirements (15 weeks)
18 weeks - Eco Iot Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (63.2%)
85.3% - Eco Iot Ltd
63.2% - Industry AVG
ECO IOT LTD financials
EXPORT
Eco Iot Ltd's latest turnover from May 2023 is estimated at £499.9 thousand and the company has net assets of £21.2 thousand. According to their latest financial statements, Eco Iot Ltd has 7 employees and maintains cash reserves of £34.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
499,947
816,118
206,512
207,663
363,556
Other Income Or Grants
Cost Of Sales
248,948
391,826
101,538
100,302
174,290
Gross Profit
250,999
424,292
104,975
107,361
189,266
Admin Expenses
263,789
373,982
109,786
95,320
195,380
Operating Profit
-12,790
50,310
-4,811
12,041
-6,114
Interest Payable
4,243
3,341
1,525
Interest Receivable
2,330
589
27
6
21
Pre-Tax Profit
-14,703
47,558
-6,309
12,047
-6,093
Tax
-9,036
-2,289
Profit After Tax
-14,703
38,522
-6,309
9,758
-6,093
Dividends Paid
Retained Profit
-14,703
38,522
-6,309
9,758
-6,093
Employee Costs
495,185
332,278
126,485
118,799
421,052
Number Of Employees
7
5
2
2
7
EBITDA*
-12,790
50,310
-4,811
12,322
-5,614
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
1,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,500
Stock & work in progress
Trade Debtors
22,447
160,163
1,088
Group Debtors
Misc Debtors
86,340
52,500
24,815
24,771
9,236
Cash
34,915
68,639
49,206
5,363
5,631
misc current assets
total current assets
143,702
281,302
74,021
30,134
15,955
total assets
143,702
281,302
74,021
30,134
17,455
Bank overdraft
11,469
11,144
Bank loan
Trade Creditors
21,970
22,484
1,873
210
607
Group/Directors Accounts
4
100,097
268
58
8,247
other short term finances
hp & lease commitments
other current liabilities
65,187
77,389
24,522
26,199
14,692
total current liabilities
98,630
211,114
26,663
26,467
23,546
loans
23,895
34,308
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
23,895
34,308
50,000
total liabilities
122,525
245,422
76,663
26,467
23,546
net assets
21,177
35,880
-2,642
3,667
-6,091
total shareholders funds
21,177
35,880
-2,642
3,667
-6,091
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
-12,790
50,310
-4,811
12,041
-6,114
Depreciation
281
500
Amortisation
Tax
-9,036
-2,289
Stock
Debtors
-103,876
187,848
44
14,447
10,324
Creditors
-514
20,611
1,663
-397
607
Accruals and Deferred Income
-12,202
52,867
-1,677
11,507
14,692
Deferred Taxes & Provisions
Cash flow from operations
78,370
-73,096
-4,869
6,696
-639
Investing Activities
capital expenditure
1,219
-2,000
Change in Investments
cash flow from investments
1,219
-2,000
Financing Activities
Bank loans
Group/Directors Accounts
-100,093
99,829
210
-8,189
8,247
Other Short Term Loans
Long term loans
-10,413
-15,692
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
-1,913
-2,752
-1,498
6
21
cash flow from financing
-112,419
81,385
48,712
-8,183
8,270
cash and cash equivalents
cash
-33,724
19,433
43,843
-268
5,631
overdraft
325
11,144
change in cash
-34,049
8,289
43,843
-268
5,631
eco iot ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for eco iot ltd. Get real-time insights into eco iot ltd's credit score, group structure and payment trends.
Perform a competitor analysis for eco iot ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OX27 area or any other competitors across 12 key performance metrics.
eco iot ltd Ownership
ECO IOT LTD group structure
Eco Iot Ltd has no subsidiary companies.
Ultimate parent company
ECO IOT LTD
11365917
ECO IOT LTD Shareholders
The largest shareholders in Eco Iot Ltd include Neil Edwards and Victoria Edwards.
neil edwards
50%
victoria edwards
50%
eco iot ltd directors
Eco Iot Ltd currently has 2 directors.
The longest serving directors include
Mr Neil Edwards (May 2018) and
Mrs Victoria Edwards (Oct 2019).
62090 - Other information technology and computer service activities
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
tele247 ltd (February 2021)
synaptix iot ltd (October 2018)
accountant
STACK & JONES LIMITED
auditor
-
address
unit 4 willows gate, stoke lyne road, bicester, OX27 9AU
Bank
-
Legal Advisor
-
eco iot 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 eco iot ltd.
eco iot ltd 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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eco iot ltdCompanies House Filings - See Documents
