european christian mission ireland
european christian mission ireland Company Information
Company Number
NI636953
Website
http://ecmireland.orgRegistered Address
3 ballymacoss avenue, lisburn, co. antrim, BT28 2GX
Industry
Activities of religious organisations
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
european christian mission ireland Estimated Valuation
Pomanda estimates the enterprise value of EUROPEAN CHRISTIAN MISSION IRELAND at £660.9k based on a Turnover of £764.2k and 0.86x industry multiple (adjusted for size and gross margin).
european christian mission ireland Estimated Valuation
Pomanda estimates the enterprise value of EUROPEAN CHRISTIAN MISSION IRELAND at £426.3k based on an EBITDA of £97.4k and a 4.38x industry multiple (adjusted for size and gross margin).
european christian mission ireland Estimated Valuation
Pomanda estimates the enterprise value of EUROPEAN CHRISTIAN MISSION IRELAND at £1.5m based on Net Assets of £454.5k and 3.28x industry multiple (adjusted for liquidity).
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European Christian Mission Ireland Overview
European Christian Mission Ireland is a live company located in co. antrim, BT28 2GX with a Companies House number of NI636953. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in March 2016, it's largest shareholder is unknown. European Christian Mission Ireland is a young, small sized company, Pomanda has estimated its turnover at £764.2k with healthy growth in recent years.
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European Christian Mission Ireland Health Check
Pomanda's financial health check has awarded European Christian Mission Ireland a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £764.2k, make it larger than the average company (£309k)
£764.2k - European Christian Mission Ireland
£309k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (0.9%)
6% - European Christian Mission Ireland
0.9% - Industry AVG
Production
with a gross margin of 61.2%, this company has a comparable cost of product (61.2%)
61.2% - European Christian Mission Ireland
61.2% - Industry AVG
Profitability
an operating margin of 12.6% make it more profitable than the average company (1.4%)
12.6% - European Christian Mission Ireland
1.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - European Christian Mission Ireland
6 - Industry AVG
Pay Structure
on an average salary of £12.8k, the company has a lower pay structure (£22.3k)
£12.8k - European Christian Mission Ireland
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £191.1k, this is more efficient (£57.6k)
£191.1k - European Christian Mission Ireland
£57.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - European Christian Mission Ireland
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (9 days)
0 days - European Christian Mission Ireland
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - European Christian Mission Ireland
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5168 weeks, this is more cash available to meet short term requirements (383 weeks)
5168 weeks - European Christian Mission Ireland
383 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (5.2%)
0.8% - European Christian Mission Ireland
5.2% - Industry AVG
EUROPEAN CHRISTIAN MISSION IRELAND financials
European Christian Mission Ireland's latest turnover from December 2022 is £764.2 thousand and the company has net assets of £454.5 thousand. According to their latest financial statements, European Christian Mission Ireland has 4 employees and maintains cash reserves of £376.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 764,244 | 634,061 | 623,179 | 633,088 | 610,221 | 537,105 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 87,664 | 48,102 | 52,626 | -13,788 | 7,858 | 497,516 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 87,664 | 48,102 | 52,626 | -13,788 | 7,858 | 497,516 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 87,664 | 48,102 | 52,626 | -13,788 | 7,858 | 497,516 | |
| Employee Costs | 51,098 | 42,624 | 40,428 | 53,184 | 57,135 | 43,573 | |
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,485 | 1,516 | 62,524 | 836 | 1,148 | 62,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 62,000 | 62,000 | 0 | 62,000 | 62,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 64,485 | 63,516 | 62,524 | 62,836 | 63,148 | 62,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,019 | 18,912 | 5,520 | 8,879 | 9,778 | 8,349 | 0 |
| Cash | 376,772 | 288,560 | 254,903 | 201,464 | 210,992 | 203,690 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 393,791 | 307,472 | 260,423 | 210,343 | 220,770 | 212,039 | 0 |
| total assets | 458,276 | 370,988 | 322,947 | 273,179 | 283,918 | 274,039 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 291 | 167 | 178 | 1,043 | 242 | 273 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,500 | 4,000 | 4,050 | 6,043 | 3,795 | 1,743 | 0 |
| total current liabilities | 3,791 | 4,167 | 4,228 | 7,086 | 4,037 | 2,016 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,791 | 4,167 | 4,228 | 7,086 | 4,037 | 2,016 | 0 |
| net assets | 454,485 | 366,821 | 318,719 | 266,093 | 279,881 | 272,023 | 0 |
| total shareholders funds | 454,485 | 366,821 | 318,719 | 266,093 | 279,881 | 272,023 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 803 | 369 | 312 | 312 | 101 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,893 | 13,392 | -3,359 | -899 | 1,429 | 8,349 | 0 |
| Creditors | 124 | -11 | -865 | 801 | -31 | 273 | 0 |
| Accruals and Deferred Income | -500 | -50 | -1,993 | 2,248 | 2,052 | 1,743 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 3,388 | 4,637 | |
| Change in Investments | 0 | 62,000 | -62,000 | 0 | 62,000 | 0 | 0 |
| cash flow from investments | 0 | -62,000 | 62,000 | 0 | -58,612 | 4,637 | |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | -225,493 | |
| cash and cash equivalents | |||||||
| cash | 88,212 | 33,657 | 53,439 | -9,528 | 7,302 | 203,690 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 88,212 | 33,657 | 53,439 | -9,528 | 7,302 | 203,690 | 0 |
european christian mission ireland Credit Report and Business Information
European Christian Mission Ireland Competitor Analysis
Perform a competitor analysis for european christian mission ireland by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in BT28 area or any other competitors across 12 key performance metrics.
european christian mission ireland Ownership
EUROPEAN CHRISTIAN MISSION IRELAND group structure
European Christian Mission Ireland has no subsidiary companies.
Ultimate parent company
EUROPEAN CHRISTIAN MISSION IRELAND
NI636953
european christian mission ireland directors
European Christian Mission Ireland currently has 6 directors. The longest serving directors include Miss Jean Tubman (Mar 2016) and Mr Andrew McCormick (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Jean Tubman | Northern Ireland | 67 years | Mar 2016 | - | Director |
| Mr Andrew McCormick | Northern Ireland | 67 years | Mar 2016 | - | Director |
| Mr Geoffrey McIlrath | Northern Ireland | 59 years | Mar 2017 | - | Director |
| Ms Lorraine Moore | Northern Ireland | 69 years | Jan 2023 | - | Director |
| Mr Garry Mahood | Northern Ireland | 62 years | Jul 2024 | - | Director |
| Mr Thomas Greer | Northern Ireland | 60 years | Jul 2024 | - | Director |
P&L
December 2022turnover
764.2k
+21%
operating profit
96.6k
0%
gross margin
61.3%
-6.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
454.5k
+0.24%
total assets
458.3k
+0.24%
cash
376.8k
+0.31%
net assets
Total assets minus all liabilities
Similar Companies
european christian mission ireland company details
company number
NI636953
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
March 2016
age
8
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
3 ballymacoss avenue, lisburn, co. antrim, BT28 2GX
accountant
THOMAS OLIVER & ASSOCIATES LTD
auditor
BARRY THOMPSON & CO
european christian mission ireland 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 european christian mission ireland.
european christian mission ireland Companies House Filings - See Documents
| date | description | view/download |
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