ec group limited
ec group limited Company Information
Company Number
12495541
Website
-Registered Address
ec group europa park, magnet road, grays, essex, RM20 4DN
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
the ec group employee ownership trustee limited 100%
ec group limited Estimated Valuation
Pomanda estimates the enterprise value of EC GROUP LIMITED at £8.6m based on a Turnover of £6m and 1.44x industry multiple (adjusted for size and gross margin).
ec group limited Estimated Valuation
Pomanda estimates the enterprise value of EC GROUP LIMITED at £1.5m based on an EBITDA of £270.4k and a 5.5x industry multiple (adjusted for size and gross margin).
ec group limited Estimated Valuation
Pomanda estimates the enterprise value of EC GROUP LIMITED at £4.1m based on Net Assets of £2.3m and 1.81x industry multiple (adjusted for liquidity).
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Ec Group Limited Overview
Ec Group Limited is a live company located in grays, RM20 4DN with a Companies House number of 12495541. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2020, it's largest shareholder is the ec group employee ownership trustee limited with a 100% stake. Ec Group Limited is a startup, mid sized company, Pomanda has estimated its turnover at £6m with low growth in recent years.
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Ec Group Limited Health Check
Pomanda's financial health check has awarded Ec Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £6m, make it smaller than the average company (£19.9m)
£6m - Ec Group Limited
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (11.6%)
4% - Ec Group Limited
11.6% - Industry AVG
Production
with a gross margin of 43.5%, this company has a lower cost of product (34.8%)
43.5% - Ec Group Limited
34.8% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (4.7%)
1.6% - Ec Group Limited
4.7% - Industry AVG
Employees
with 48 employees, this is below the industry average (108)
48 - Ec Group Limited
108 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£44.9k)
£39.2k - Ec Group Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £124.1k, this is less efficient (£195.5k)
£124.1k - Ec Group Limited
£195.5k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (44 days)
75 days - Ec Group Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (43 days)
64 days - Ec Group Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (36 days)
1 days - Ec Group Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (14 weeks)
43 weeks - Ec Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45%, this is a lower level of debt than the average (68.4%)
45% - Ec Group Limited
68.4% - Industry AVG
EC GROUP LIMITED financials
Ec Group Limited's latest turnover from March 2024 is £6 million and the company has net assets of £2.3 million. According to their latest financial statements, Ec Group Limited has 48 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Turnover | 5,955,780 | 6,627,064 | 6,001,921 | 5,308,893 | 5,029,899 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,362,835 | 3,793,390 | 3,630,603 | 3,392,380 | 3,154,214 |
| Gross Profit | 2,592,945 | 2,833,674 | 2,371,318 | 1,916,513 | 1,875,685 |
| Admin Expenses | 2,495,161 | 2,339,527 | 2,094,532 | 1,631,389 | 1,338,511 |
| Operating Profit | 97,784 | 494,147 | 276,786 | 285,124 | 537,174 |
| Interest Payable | 10,645 | 4,153 | 504 | 14,181 | 31,206 |
| Interest Receivable | 7,386 | 1,293 | 332 | 60 | 11,099 |
| Pre-Tax Profit | 94,525 | 491,287 | 233,141 | 271,003 | 517,067 |
| Tax | -38,489 | -116,311 | -55,094 | 9,026 | -161,130 |
| Profit After Tax | 56,036 | 374,976 | 178,047 | 280,029 | 355,937 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 56,036 | 374,976 | 178,047 | 280,029 | 355,937 |
| Employee Costs | 1,882,769 | 1,869,916 | 1,737,912 | 1,709,161 | 1,739,766 |
| Number Of Employees | 48 | 50 | 52 | 50 | 55 |
| EBITDA* | 270,417 | 603,297 | 385,891 | 412,416 | 687,559 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 424,480 | 525,553 | 244,013 | 231,653 | 5,909,146 |
| Intangible Assets | 39,621 | 42,767 | 33,332 | 14,086 | 28,173 |
| Investments & Other | 0 | 0 | 0 | 43,473 | 43,473 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 464,101 | 568,320 | 277,345 | 289,212 | 5,980,792 |
| Stock & work in progress | 15,871 | 24,264 | 31,026 | 24,630 | 25,783 |
| Trade Debtors | 1,233,755 | 1,263,584 | 1,477,483 | 961,203 | 811,972 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 955,784 | 642,021 | 672,362 | 707,419 | 276,945 |
| Cash | 1,426,096 | 5,864,913 | 5,135,994 | 5,148,443 | 1,039,808 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,631,506 | 7,794,782 | 7,316,865 | 6,841,695 | 2,154,508 |
| total assets | 4,095,607 | 8,363,102 | 7,594,210 | 7,130,907 | 8,135,300 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 88,726 |
| Trade Creditors | 593,823 | 595,625 | 490,444 | 460,301 | 345,141 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 61,044 |
| hp & lease commitments | 60,315 | 52,129 | 19,441 | 11,289 | 23,834 |
| other current liabilities | 1,057,272 | 830,965 | 689,232 | 494,197 | 431,293 |
| total current liabilities | 1,711,410 | 1,478,719 | 1,199,117 | 965,787 | 950,038 |
| loans | 0 | 0 | 0 | 0 | 909,184 |
| hp & lease commitments | 68,746 | 94,348 | 37,457 | 2,340 | 13,629 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,255 | 7,137 | 12,089 | 18,865 | 21,662 |
| provisions | 59,222 | 85,960 | 23,585 | 0 | 77,000 |
| total long term liabilities | 131,223 | 187,445 | 73,131 | 21,205 | 1,021,475 |
| total liabilities | 1,842,633 | 1,666,164 | 1,272,248 | 986,992 | 1,971,513 |
| net assets | 2,252,974 | 6,696,938 | 6,321,962 | 6,143,915 | 6,163,787 |
| total shareholders funds | 2,252,974 | 6,696,938 | 6,321,962 | 6,143,915 | 6,163,787 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 97,784 | 494,147 | 276,786 | 285,124 | 537,174 |
| Depreciation | 162,746 | 102,484 | 95,019 | 113,205 | 150,385 |
| Amortisation | 9,887 | 6,666 | 14,086 | 14,087 | 0 |
| Tax | -38,489 | -116,311 | -55,094 | 9,026 | -161,130 |
| Stock | -8,393 | -6,762 | 6,396 | -1,153 | 25,783 |
| Debtors | 283,934 | -244,240 | 481,223 | 579,705 | 1,088,917 |
| Creditors | -1,802 | 105,181 | 30,143 | 115,160 | 345,141 |
| Accruals and Deferred Income | 226,307 | 141,733 | 195,035 | 62,904 | 431,293 |
| Deferred Taxes & Provisions | -26,738 | 62,375 | 23,585 | -77,000 | 77,000 |
| Cash flow from operations | 154,154 | 1,047,277 | 91,941 | -56,046 | 265,163 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | -43,473 | 0 | 43,473 |
| cash flow from investments | 0 | 0 | 43,473 | 0 | -43,473 |
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | -88,726 | 88,726 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -61,044 | 61,044 |
| Long term loans | 0 | 0 | 0 | -909,184 | 909,184 |
| Hire Purchase and Lease Commitments | -17,416 | 89,579 | 43,269 | -23,834 | 37,463 |
| other long term liabilities | -3,882 | -4,952 | -6,776 | -2,797 | 21,662 |
| share issue | |||||
| interest | -3,259 | -2,860 | -172 | -14,121 | -20,107 |
| cash flow from financing | -4,524,557 | 81,767 | 36,321 | -1,399,607 | 6,905,822 |
| cash and cash equivalents | |||||
| cash | -4,438,817 | 728,919 | -12,449 | 4,108,635 | 1,039,808 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,438,817 | 728,919 | -12,449 | 4,108,635 | 1,039,808 |
ec group limited Credit Report and Business Information
Ec Group Limited Competitor Analysis
Perform a competitor analysis for ec group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in RM20 area or any other competitors across 12 key performance metrics.
ec group limited Ownership
EC GROUP LIMITED group structure
Ec Group Limited has 2 subsidiary companies.
Ultimate parent company
EC GROUP LIMITED
12495541
2 subsidiaries
ec group limited directors
Ec Group Limited currently has 2 directors. The longest serving directors include Mr Nicholas MacKley (Aug 2023) and Mr Gavin Weekes (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas MacKley | 61 years | Aug 2023 | - | Director | |
| Mr Gavin Weekes | England | 56 years | Aug 2023 | - | Director |
P&L
March 2024turnover
6m
-10%
operating profit
97.8k
-80%
gross margin
43.6%
+1.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.3m
-0.66%
total assets
4.1m
-0.51%
cash
1.4m
-0.76%
net assets
Total assets minus all liabilities
Similar Companies
ec group limited company details
company number
12495541
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 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
kace property company limited (June 2022)
accountant
-
auditor
KRESTON REEVES LLP
address
ec group europa park, magnet road, grays, essex, RM20 4DN
Bank
-
Legal Advisor
-
ec 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 1 charges/mortgages relating to ec group limited. Currently there are 0 open charges and 1 have been satisfied in the past.
ec group limited Companies House Filings - See Documents
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