eye cove limited
eye cove limited Company Information
Company Number
NI645495
Website
-Registered Address
631 lisburn road, belfast, BT9 7GT
Industry
Manufacture of other wearing apparel and accessories
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
kathryn mckendry 91.4%
stephen pringle 4.8%
View Alleye cove limited Estimated Valuation
Pomanda estimates the enterprise value of EYE COVE LIMITED at £176k based on a Turnover of £315.4k and 0.56x industry multiple (adjusted for size and gross margin).
eye cove limited Estimated Valuation
Pomanda estimates the enterprise value of EYE COVE LIMITED at £243.3k based on an EBITDA of £54.9k and a 4.44x industry multiple (adjusted for size and gross margin).
eye cove limited Estimated Valuation
Pomanda estimates the enterprise value of EYE COVE LIMITED at £252.2k based on Net Assets of £62k and 4.07x industry multiple (adjusted for liquidity).
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Eye Cove Limited Overview
Eye Cove Limited is a live company located in belfast, BT9 7GT with a Companies House number of NI645495. It operates in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in May 2017, it's largest shareholder is kathryn mckendry with a 91.4% stake. Eye Cove Limited is a young, micro sized company, Pomanda has estimated its turnover at £315.4k with rapid growth in recent years.
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Eye Cove Limited Health Check
Pomanda's financial health check has awarded Eye Cove Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £315.4k, make it smaller than the average company (£11m)
- Eye Cove Limited
£11m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (7.8%)
- Eye Cove Limited
7.8% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (35%)
- Eye Cove Limited
35% - Industry AVG
Profitability
an operating margin of 17.4% make it more profitable than the average company (5.5%)
- Eye Cove Limited
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Eye Cove Limited
41 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Eye Cove Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £315.4k, this is more efficient (£186.9k)
- Eye Cove Limited
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (40 days)
- Eye Cove Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (39 days)
- Eye Cove Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eye Cove Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Eye Cove Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (61.1%)
26.5% - Eye Cove Limited
61.1% - Industry AVG
EYE COVE LIMITED financials
Eye Cove Limited's latest turnover from May 2023 is estimated at £315.4 thousand and the company has net assets of £62 thousand. According to their latest financial statements, we estimate that Eye Cove Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 0 | |||||
| Other Income Or Grants | 0 | |||||
| Cost Of Sales | 15,256 | |||||
| Gross Profit | -15,256 | |||||
| Admin Expenses | -10,861 | |||||
| Operating Profit | -4,395 | |||||
| Interest Payable | 10 | |||||
| Interest Receivable | 0 | |||||
| Pre-Tax Profit | -4,405 | |||||
| Tax | 0 | |||||
| Profit After Tax | -4,405 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | -4,405 | |||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -3,986 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 560 | 0 | 0 | 0 | 409 | 818 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 560 | 0 | 0 | 0 | 409 | 818 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 83,809 | 42,429 | 3,442 | 12,282 | 22,653 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 454 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 83,809 | 42,429 | 3,442 | 12,282 | 22,653 | 454 |
| total assets | 84,369 | 42,429 | 3,442 | 12,282 | 23,062 | 1,272 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,679 | 20,974 | 23,974 | 26,374 | 31,366 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 5,577 |
| total current liabilities | 21,679 | 20,974 | 23,974 | 26,374 | 31,366 | 5,577 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 700 | 612 | 532 | 715 | 700 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 700 | 612 | 532 | 715 | 700 | 0 |
| total liabilities | 22,379 | 21,586 | 24,506 | 27,089 | 32,066 | 5,577 |
| net assets | 61,990 | 20,843 | -21,064 | -14,807 | -9,004 | -4,305 |
| total shareholders funds | 61,990 | 20,843 | -21,064 | -14,807 | -9,004 | -4,305 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -4,395 | |||||
| Depreciation | 0 | 0 | 0 | 409 | 409 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 41,380 | 38,987 | -8,840 | -10,371 | 22,653 | 0 |
| Creditors | 705 | -3,000 | -2,400 | -4,992 | 31,366 | 0 |
| Accruals and Deferred Income | 88 | 80 | -183 | 15 | -4,877 | 5,577 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,591 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -10 | |||||
| cash flow from financing | 90 | |||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -454 | 454 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -454 | 454 |
eye cove limited Credit Report and Business Information
Eye Cove Limited Competitor Analysis
Perform a competitor analysis for eye cove limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BT9 area or any other competitors across 12 key performance metrics.
eye cove limited Ownership
EYE COVE LIMITED group structure
Eye Cove Limited has no subsidiary companies.
Ultimate parent company
EYE COVE LIMITED
NI645495
eye cove limited directors
Eye Cove Limited currently has 2 directors. The longest serving directors include Mrs Kathryn McKendry (May 2017) and Mr Stephen Pringle (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kathryn McKendry | 44 years | May 2017 | - | Director | |
| Mr Stephen Pringle | Northern Ireland | 43 years | Apr 2021 | - | Director |
P&L
May 2023turnover
315.4k
+146%
operating profit
54.9k
0%
gross margin
25.9%
+2.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
62k
+1.97%
total assets
84.4k
+0.99%
cash
0
0%
net assets
Total assets minus all liabilities
eye cove limited company details
company number
NI645495
Type
Private limited with Share Capital
industry
14190 - Manufacture of other wearing apparel and accessories
incorporation date
May 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
631 lisburn road, belfast, BT9 7GT
accountant
-
auditor
-
eye cove 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 did not find charges/mortgages relating to eye cove limited.
eye cove limited Companies House Filings - See Documents
| date | description | view/download |
|---|
