ecc holdco limited
ecc holdco limited Company Information
Company Number
12635528
Next Accounts
429 days late
Directors
Shareholders
ecc tradeco limited
Group 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
suite 5, 2nd floor, regent centre, newcastle upon tyne, NE3 3LS
Website
eastcoastconcepts.co.ukecc holdco limited Estimated Valuation
Pomanda estimates the enterprise value of ECC HOLDCO LIMITED at £18.4m based on a Turnover of £12.7m and 1.45x industry multiple (adjusted for size and gross margin).
ecc holdco limited Estimated Valuation
Pomanda estimates the enterprise value of ECC HOLDCO LIMITED at £3.8m based on an EBITDA of £619.9k and a 6.08x industry multiple (adjusted for size and gross margin).
ecc holdco limited Estimated Valuation
Pomanda estimates the enterprise value of ECC HOLDCO LIMITED at £0 based on Net Assets of £-324.1k and 1.31x industry multiple (adjusted for liquidity).
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Ecc Holdco Limited Overview
Ecc Holdco Limited is a live company located in newcastle upon tyne, NE3 3LS with a Companies House number of 12635528. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2020, it's largest shareholder is ecc tradeco limited with a 100% stake. Ecc Holdco Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.7m with unknown growth in recent years.
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Ecc Holdco Limited Health Check
Pomanda's financial health check has awarded Ecc Holdco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £12.7m, make it smaller than the average company (£17m)
£12.7m - Ecc Holdco Limited
£17m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ecc Holdco Limited
- - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (34.8%)
37.6% - Ecc Holdco Limited
34.8% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (5.7%)
3.4% - Ecc Holdco Limited
5.7% - Industry AVG
Employees
with 254 employees, this is above the industry average (102)
254 - Ecc Holdco Limited
102 - Industry AVG
Pay Structure
on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)
- Ecc Holdco Limited
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £49.8k, this is less efficient (£168.7k)
£49.8k - Ecc Holdco Limited
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (47 days)
3 days - Ecc Holdco Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (49 days)
69 days - Ecc Holdco Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (40 days)
7 days - Ecc Holdco Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (17 weeks)
15 weeks - Ecc Holdco Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (68.6%)
106% - Ecc Holdco Limited
68.6% - Industry AVG
ECC HOLDCO LIMITED financials
Ecc Holdco Limited's latest turnover from May 2022 is £12.7 million and the company has net assets of -£324.1 thousand. According to their latest financial statements, Ecc Holdco Limited has 254 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | Apr 2021 | |
|---|---|---|
| Turnover | 12,653,259 | |
| Other Income Or Grants | ||
| Cost Of Sales | 7,901,671 | |
| Gross Profit | 4,751,588 | |
| Admin Expenses | 4,325,730 | |
| Operating Profit | 425,858 | |
| Interest Payable | 16,086 | |
| Interest Receivable | 540 | |
| Pre-Tax Profit | 410,312 | |
| Tax | -70,048 | |
| Profit After Tax | 340,264 | |
| Dividends Paid | ||
| Retained Profit | 340,264 | |
| Employee Costs | ||
| Number Of Employees | 254 | 210 |
| EBITDA* | 619,859 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | Apr 2021 | |
|---|---|---|
| Tangible Assets | 2,940,466 | 1,745,902 |
| Intangible Assets | 11,564 | 12,952 |
| Investments & Other | 5 | 5 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 2,952,035 | 1,758,859 |
| Stock & work in progress | 154,946 | 112,054 |
| Trade Debtors | 112,980 | 13,662 |
| Group Debtors | ||
| Misc Debtors | 862,942 | 181,876 |
| Cash | 1,280,802 | 1,056,644 |
| misc current assets | ||
| total current assets | 2,411,670 | 1,364,236 |
| total assets | 5,363,705 | 3,123,095 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 1,504,938 | 413,548 |
| Group/Directors Accounts | 104,903 | 5 |
| other short term finances | ||
| hp & lease commitments | 366,169 | |
| other current liabilities | 2,435,148 | 2,173,937 |
| total current liabilities | 4,411,158 | 2,587,490 |
| loans | 1,200,000 | |
| hp & lease commitments | 6,630 | |
| Accruals and Deferred Income | ||
| other liabilities | 1,200,000 | |
| provisions | 70,048 | |
| total long term liabilities | 1,276,678 | 1,200,000 |
| total liabilities | 5,687,836 | 3,787,490 |
| net assets | -324,131 | -664,395 |
| total shareholders funds | -324,131 | -664,395 |
| May 2022 | Apr 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 425,858 | |
| Depreciation | 192,613 | 67,801 |
| Amortisation | 1,388 | 925 |
| Tax | -70,048 | |
| Stock | 42,892 | 112,054 |
| Debtors | 780,384 | 195,538 |
| Creditors | 1,091,390 | 413,548 |
| Accruals and Deferred Income | 261,211 | 2,173,937 |
| Deferred Taxes & Provisions | 70,048 | |
| Cash flow from operations | 1,149,184 | |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 5 | |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 104,898 | 5 |
| Other Short Term Loans | ||
| Long term loans | 1,200,000 | |
| Hire Purchase and Lease Commitments | 372,799 | |
| other long term liabilities | -1,200,000 | 1,200,000 |
| share issue | ||
| interest | -15,546 | |
| cash flow from financing | 462,151 | |
| cash and cash equivalents | ||
| cash | 224,158 | 1,056,644 |
| overdraft | ||
| change in cash | 224,158 | 1,056,644 |
ecc holdco limited Credit Report and Business Information
Ecc Holdco Limited Competitor Analysis
Perform a competitor analysis for ecc holdco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NE3 area or any other competitors across 12 key performance metrics.
ecc holdco limited Ownership
ECC HOLDCO LIMITED group structure
Ecc Holdco Limited has 1 subsidiary company.
Ultimate parent company
2 parents
ECC HOLDCO LIMITED
12635528
1 subsidiary
ecc holdco limited directors
Ecc Holdco Limited currently has 1 director, Mr Naveen Handa serving since Sep 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naveen Handa | United Kingdom | 37 years | Sep 2020 | - | Director |
P&L
May 2022turnover
12.7m
0%
operating profit
425.9k
0%
gross margin
37.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-324.1k
-0.51%
total assets
5.4m
+0.72%
cash
1.3m
+0.21%
net assets
Total assets minus all liabilities
Similar Companies
ecc holdco limited company details
company number
12635528
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
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2022
previous names
minhoco 55 limited (September 2020)
accountant
-
auditor
BDO LLP
address
suite 5, 2nd floor, regent centre, newcastle upon tyne, NE3 3LS
Bank
-
Legal Advisor
-
ecc holdco 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 ecc holdco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ecc holdco 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.
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ecc holdco limited Companies House Filings - See Documents
| date | description | view/download |
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