eurotech payroll ltd
eurotech payroll ltd Company Information
Company Number
SC469796
Next Accounts
2276 days late
Directors
Shareholders
iain alasdair macleod
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
1 spiersbridge way, suite 19, thornliebank, glasgow, G46 8NG
Website
-eurotech payroll ltd Estimated Valuation
Pomanda estimates the enterprise value of EUROTECH PAYROLL LTD at £133.4k based on a Turnover of £148.7k and 0.9x industry multiple (adjusted for size and gross margin).
eurotech payroll ltd Estimated Valuation
Pomanda estimates the enterprise value of EUROTECH PAYROLL LTD at £1.3k based on an EBITDA of £416 and a 3.09x industry multiple (adjusted for size and gross margin).
eurotech payroll ltd Estimated Valuation
Pomanda estimates the enterprise value of EUROTECH PAYROLL LTD at £84.4k based on Net Assets of £64.6k and 1.31x industry multiple (adjusted for liquidity).
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Eurotech Payroll Ltd Overview
Eurotech Payroll Ltd is a live company located in glasgow, G46 8NG with a Companies House number of SC469796. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2014, it's largest shareholder is iain alasdair macleod with a 100% stake. Eurotech Payroll Ltd is a established, micro sized company, Pomanda has estimated its turnover at £148.7k with unknown growth in recent years.
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Eurotech Payroll Ltd Health Check
Pomanda's financial health check has awarded Eurotech Payroll Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £148.7k, make it smaller than the average company (£3.1m)
- Eurotech Payroll Ltd
£3.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Eurotech Payroll Ltd
- - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (61.7%)
- Eurotech Payroll Ltd
61.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (11.9%)
- Eurotech Payroll Ltd
11.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Eurotech Payroll Ltd
12 - Industry AVG
Pay Structure
on an average salary of £62.7k, the company has an equivalent pay structure (£62.7k)
- Eurotech Payroll Ltd
£62.7k - Industry AVG
Efficiency
resulting in sales per employee of £148.7k, this is less efficient (£179.7k)
- Eurotech Payroll Ltd
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (36 days)
- Eurotech Payroll Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 558 days, this is slower than average (42 days)
- Eurotech Payroll Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eurotech Payroll Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (34 weeks)
4 weeks - Eurotech Payroll Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.7%, this is a higher level of debt than the average (64.9%)
72.7% - Eurotech Payroll Ltd
64.9% - Industry AVG
EUROTECH PAYROLL LTD financials
Eurotech Payroll Ltd's latest turnover from March 2017 is estimated at £148.7 thousand and the company has net assets of £64.6 thousand. According to their latest financial statements, we estimate that Eurotech Payroll Ltd has 1 employee and maintains cash reserves of £15.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|
| Tangible Assets | 748 | 317 | 634 |
| Intangible Assets | |||
| Investments & Other | 75,960 | 75,960 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 76,708 | 76,277 | 634 |
| Stock & work in progress | |||
| Trade Debtors | 37,138 | 65,624 | |
| Group Debtors | 107,921 | 34,893 | |
| Misc Debtors | 5,063 | ||
| Cash | 15,409 | 9,009 | 10,989 |
| misc current assets | |||
| total current assets | 160,468 | 109,526 | 16,052 |
| total assets | 237,176 | 185,803 | 16,686 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 172,528 | 121,149 | 9,448 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 172,528 | 121,149 | 9,448 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 6,267 | ||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 6,267 | ||
| total liabilities | 172,528 | 121,149 | 15,715 |
| net assets | 64,648 | 64,654 | 971 |
| total shareholders funds | 64,648 | 64,654 | 971 |
| Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 453 | 317 | 317 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 44,542 | 95,454 | 5,063 |
| Creditors | 51,379 | 111,701 | 9,448 |
| Accruals and Deferred Income | -6,267 | 6,267 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 75,960 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 6,400 | -1,980 | 10,989 |
| overdraft | |||
| change in cash | 6,400 | -1,980 | 10,989 |
eurotech payroll ltd Credit Report and Business Information
Eurotech Payroll Ltd Competitor Analysis
Perform a competitor analysis for eurotech payroll ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in G46 area or any other competitors across 12 key performance metrics.
eurotech payroll ltd Ownership
EUROTECH PAYROLL LTD group structure
Eurotech Payroll Ltd has no subsidiary companies.
Ultimate parent company
EUROTECH PAYROLL LTD
SC469796
eurotech payroll ltd directors
Eurotech Payroll Ltd currently has 1 director, Mr Iain MacLeod serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iain MacLeod | Scotland | 43 years | Feb 2014 | - | Director |
P&L
March 2017turnover
148.7k
-23%
operating profit
-36.5
0%
gross margin
24.2%
-23.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
64.6k
0%
total assets
237.2k
+0.28%
cash
15.4k
+0.71%
net assets
Total assets minus all liabilities
eurotech payroll ltd company details
company number
SC469796
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2017
previous names
N/A
accountant
-
auditor
-
address
1 spiersbridge way, suite 19, thornliebank, glasgow, G46 8NG
Bank
-
Legal Advisor
-
eurotech payroll 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 did not find charges/mortgages relating to eurotech payroll ltd.
eurotech payroll ltd 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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eurotech payroll ltd Companies House Filings - See Documents
| date | description | view/download |
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