echlin group limited
echlin group limited Company Information
Company Number
11882738
Next Accounts
49 days late
Shareholders
thorburn international limited
samuel alexander mcnally
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
73 cornhill, london, EC3V 3QQ
Website
-echlin group limited Estimated Valuation
Pomanda estimates the enterprise value of ECHLIN GROUP LIMITED at £40.2k based on a Turnover of £37.8k and 1.06x industry multiple (adjusted for size and gross margin).
echlin group limited Estimated Valuation
Pomanda estimates the enterprise value of ECHLIN GROUP LIMITED at £0 based on an EBITDA of £-49.4k and a 4.45x industry multiple (adjusted for size and gross margin).
echlin group limited Estimated Valuation
Pomanda estimates the enterprise value of ECHLIN GROUP LIMITED at £87.5k based on Net Assets of £67k and 1.31x industry multiple (adjusted for liquidity).
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Echlin Group Limited Overview
Echlin Group Limited is a live company located in london, EC3V 3QQ with a Companies House number of 11882738. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2019, it's largest shareholder is thorburn international limited with a 19.9% stake. Echlin Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £37.8k with declining growth in recent years.
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Echlin Group Limited Health Check
Pomanda's financial health check has awarded Echlin Group 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
2 Regular
7 Weak
Size
annual sales of £37.8k, make it smaller than the average company (£18.5m)
- Echlin Group Limited
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (7.9%)
- Echlin Group Limited
7.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Echlin Group Limited
34.8% - Industry AVG
Profitability
an operating margin of -130.8% make it less profitable than the average company (4.9%)
- Echlin Group Limited
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
- Echlin Group Limited
103 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Echlin Group Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£183.8k)
- Echlin Group Limited
£183.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Echlin Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (45 days)
- Echlin Group Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Echlin Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Echlin Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.8%, this is a higher level of debt than the average (68.7%)
96.8% - Echlin Group Limited
68.7% - Industry AVG
ECHLIN GROUP LIMITED financials
Echlin Group Limited's latest turnover from May 2023 is estimated at £37.8 thousand and the company has net assets of £67 thousand. According to their latest financial statements, we estimate that Echlin Group Limited has 1 employee and maintains cash reserves of £563 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 345 | 251 | 151 | 151 |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 345 | 251 | 151 | 151 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | 31,722 | 54,203 | ||
| Misc Debtors | 2,075,229 | 559,166 | 309,989 | 129,836 |
| Cash | 563 | 563 | 563 | 563 |
| misc current assets | ||||
| total current assets | 2,075,792 | 591,451 | 310,552 | 184,602 |
| total assets | 2,076,137 | 591,702 | 310,703 | 184,753 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 7,232 | 14,576 | 2,552 | 39,403 |
| Group/Directors Accounts | 31,892 | 116,530 | ||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 1,709,974 | 200,705 | 66,122 | 3,360 |
| total current liabilities | 1,749,098 | 215,281 | 185,204 | 42,763 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 260,000 | 260,000 | ||
| provisions | ||||
| total long term liabilities | 260,000 | 260,000 | ||
| total liabilities | 2,009,098 | 475,281 | 185,204 | 42,763 |
| net assets | 67,039 | 116,421 | 125,499 | 141,990 |
| total shareholders funds | 67,039 | 116,421 | 125,499 | 141,990 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 1,484,341 | 280,899 | 125,950 | 184,039 |
| Creditors | -7,344 | 12,024 | -36,851 | 39,403 |
| Accruals and Deferred Income | 1,509,269 | 134,583 | 62,762 | 3,360 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 94 | 100 | 151 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 31,892 | -116,530 | 116,530 | |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | 260,000 | |||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 563 | |||
| overdraft | ||||
| change in cash | 563 |
echlin group limited Credit Report and Business Information
Echlin Group Limited Competitor Analysis
Perform a competitor analysis for echlin group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC3V area or any other competitors across 12 key performance metrics.
echlin group limited Ownership
ECHLIN GROUP LIMITED group structure
Echlin Group Limited has 3 subsidiary companies.
Ultimate parent company
ECHLIN GROUP LIMITED
11882738
3 subsidiaries
echlin group limited directors
Echlin Group Limited currently has 3 directors. The longest serving directors include Mr Samuel McNally (Mar 2019) and Mr Mark O'Callaghan (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samuel McNally | England | 39 years | Mar 2019 | - | Director |
| Mr Mark O'Callaghan | 56 years | Mar 2019 | - | Director | |
| Mr Christopher Bailey | 71 years | Mar 2019 | - | Director |
P&L
May 2023turnover
37.8k
-46%
operating profit
-49.4k
0%
gross margin
34.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
67k
-0.42%
total assets
2.1m
+2.51%
cash
563
0%
net assets
Total assets minus all liabilities
echlin group limited company details
company number
11882738
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
73 cornhill, london, EC3V 3QQ
Bank
-
Legal Advisor
-
echlin 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 found 5 charges/mortgages relating to echlin group limited. Currently there are 5 open charges and 0 have been satisfied in the past.
echlin group 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.
Click to start generating capital raising & share issue transactions for ECHLIN GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
echlin group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
