improveasy (eco) ltd
improveasy (eco) ltd Company Information
Company Number
13976663
Website
-Registered Address
station house stamford new road, altrincham, WA14 1EP
Industry
Management consultancy activities (other than financial management)
Telephone
08000248505
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
tlc future group limited 85%
chris antrobus 15%
improveasy (eco) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (ECO) LTD at £1.9m based on a Turnover of £3m and 0.61x industry multiple (adjusted for size and gross margin).
improveasy (eco) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (ECO) LTD at £3.7m based on an EBITDA of £801.7k and a 4.58x industry multiple (adjusted for size and gross margin).
improveasy (eco) ltd Estimated Valuation
Pomanda estimates the enterprise value of IMPROVEASY (ECO) LTD at £572.4k based on Net Assets of £655.7k and 0.87x industry multiple (adjusted for liquidity).
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Improveasy (eco) Ltd Overview
Improveasy (eco) Ltd is a live company located in altrincham, WA14 1EP with a Companies House number of 13976663. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 2022, it's largest shareholder is tlc future group limited with a 85% stake. Improveasy (eco) Ltd is a startup, small sized company, Pomanda has estimated its turnover at £3m with unknown growth in recent years.
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Improveasy (eco) Ltd Health Check
Pomanda's financial health check has awarded Improveasy (Eco) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £3m, make it larger than the average company (£299.4k)
- Improveasy (eco) Ltd
£299.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Improveasy (eco) Ltd
- - Industry AVG
Production
with a gross margin of 54.5%, this company has a comparable cost of product (54.5%)
- Improveasy (eco) Ltd
54.5% - Industry AVG
Profitability
an operating margin of 26.5% make it more profitable than the average company (9.1%)
- Improveasy (eco) Ltd
9.1% - Industry AVG
Employees
with 16 employees, this is above the industry average (4)
16 - Improveasy (eco) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Improveasy (eco) Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £189k, this is more efficient (£106.6k)
- Improveasy (eco) Ltd
£106.6k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is near the average (74 days)
- Improveasy (eco) Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (27 days)
- Improveasy (eco) Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Improveasy (eco) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (27 weeks)
16 weeks - Improveasy (eco) Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.4%, this is a higher level of debt than the average (54.8%)
66.4% - Improveasy (eco) Ltd
54.8% - Industry AVG
IMPROVEASY (ECO) LTD financials
Improveasy (Eco) Ltd's latest turnover from March 2023 is estimated at £3 million and the company has net assets of £655.7 thousand. According to their latest financial statements, Improveasy (Eco) Ltd has 16 employees and maintains cash reserves of £374.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | |
|---|---|
| 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 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | |
|---|---|
| Tangible Assets | 1,216 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,216 |
| Stock & work in progress | 0 |
| Trade Debtors | 628,958 |
| Group Debtors | 0 |
| Misc Debtors | 945,556 |
| Cash | 374,690 |
| misc current assets | 0 |
| total current assets | 1,949,204 |
| total assets | 1,950,420 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 784,722 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 423,648 |
| total current liabilities | 1,208,370 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 86,355 |
| total long term liabilities | 86,355 |
| total liabilities | 1,294,725 |
| net assets | 655,695 |
| total shareholders funds | 655,695 |
| Mar 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 261 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 1,574,514 |
| Creditors | 784,722 |
| Accruals and Deferred Income | 423,648 |
| Deferred Taxes & Provisions | 86,355 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 374,690 |
| overdraft | 0 |
| change in cash | 374,690 |
improveasy (eco) ltd Credit Report and Business Information
Improveasy (eco) Ltd Competitor Analysis
Perform a competitor analysis for improveasy (eco) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
improveasy (eco) ltd Ownership
IMPROVEASY (ECO) LTD group structure
Improveasy (Eco) Ltd has no subsidiary companies.
improveasy (eco) ltd directors
Improveasy (Eco) Ltd currently has 2 directors. The longest serving directors include Mr Austin Barcley (Mar 2022) and Mr Chris Antrobus (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Austin Barcley | England | 51 years | Mar 2022 | - | Director |
| Mr Chris Antrobus | England | 45 years | Aug 2023 | - | Director |
P&L
March 2023turnover
3m
0%
operating profit
801.4k
0%
gross margin
54.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
655.7k
0%
total assets
2m
0%
cash
374.7k
0%
net assets
Total assets minus all liabilities
Similar Companies
improveasy (eco) ltd company details
company number
13976663
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
March 2022
age
2
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
station house stamford new road, altrincham, WA14 1EP
accountant
XEINADIN AUDIT LIMITED
auditor
-
improveasy (eco) 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 found 1 charges/mortgages relating to improveasy (eco) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
improveasy (eco) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
