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Ecsi ltd

Mitcham, Surrey. Registration No: 04812429

  • Registration Number

    04812429

  • Incorporation Date

    26/06/2003

  • Last Annual Return

    Not available

  • Address

    Unit 8, Mitcham Industrial Estate, Mitcham, Surrey. CR4 2AP

  • Website

    www.ecsi.co.uk

  • Audit Fees

    £6,000

  • Secretary

    Ms Josephine Colicci

Directors

Active

Mr Roberto Colicci (41 yrs)

Active

Ms Josephine Colicci (62 yrs)

Company

Industry Av.

Proposed

Proposed
Year
Period Ending 31-Dec-20 31-Dec-21 31-Dec-22 31-Dec-23 29-Dec-24
Weeks 52 52 52 52 52
Total Sales (£000) 10549 17484 22178 24141 26705
Directors Fees 252 563 1294 1290 1548
Gross Profits 3537 6463 6580 7038 7786
Value Added 6006 9135 10172 10948 12134
Trading Profit 2131 3757 2525 2517 3655
Depreciation 821 756 808 1111
Non-Trading Income 0 0 26 407 0
Total Interest Charges 52 47 57 96 115
Pre-tax Profit 1258 2954 1686 1717 2207
Retained Profit (Shareholders Funds) 934 2164 1150 894 1030
Fixed Assets 3616 3444 3200 3635 4362
Intangibles 0 0 0 0 0
Intermediate Assets 1400 1400 1400 1700 2040
Stocks 165 227 245 224 248
Debtors 17 133 209 352 389
Cash or Equivalent 4005 5107 6307 6370 5946
Total Current Assets 4187 5467 6761 6946 6583
Creditors 830 672 772 676 860
Short Term Borrowing 1279 208 152 153 0
Other Current Liabilities 1409 1762 1958 1914 2297
Total Current Liabilities 3518 2642 2882 2743 3157
Net Current Assets 669 2825 3879 4203 3426
Shareholders Funds 3613 5777 6927 7821 8851
Total Loan Capital 1631 1417 1009 903 0
Other Capital Employed 442 475 542 814 977
Total Capital Employed 5686 7669 8478 9538 9828
Pretax Profit Margin % 11.93 16.9 7.6 7.11 8.26
Sales Growth % -29 66 27 9 11
Pretax Profit Growth % 218 135 -43 2 28.54
Debtor Ratio Days 1 3 3 5 5.3074851911686
Creditor Ratio Days 29 14 13 10 11.7217016693591
Stock Turnover 64 77 91 108 107.772321428571
Sales £000 / Employee 63 76 90 112 122.940277777778
Value Added £000/Empl. 36 40 41 51 55.8603977281649
Av. Remun. £000 / Empl. 23 23 31 39 39.0324074074074
Total Empl. Remu. £000 3875 5378 7647 8431 8478.62261536821
Employees 167 229 246 216 217.220078866034
Pretax Profit/Total Assets % 14 29 15 14 17

Company Summary

  • The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
  • Gross Profit Margin is 29.2% in the latest year, well above the industry average of 22.6%.
  • Sales per Employee is £112,000 which is well above the industry average of £62,000.
  • The average salary is £39,000 which is well above the industry average of £28,000.
  • The company is ranked among the fastest growing in terms of sales growth in the latest year.
  • Pretax Profit Margin is 7.1% in the latest year, well above the industry average of 3.5%.
  • The Profitability chart shows a well above average pretax profit return on total assets in the latest year
  • The company is among the Top 11 companies listed as a Best Trading Partner (see section 1c).
  • The company is among the Top 8 in terms of Trading Profits.
  • The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
  • The company is among the Top 13 Leaders in Efficiency.
  • The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
  • The company is among the Top 22 Cash Rich companies.
  • The company is among the Top 103 companies listed under the Pretax Profits category (see section 3.2c).

Company

Industry Av.

Proposed

The data extends above the graph limits

Company Summary

The company currently has £24.1m sales and made £1.7m, by following the proposal plan, sales would rise to £26.7m and profits would rise to £2.2m.

Key Attractiveness Features

  • PRIVATELY OWNED
  • ADD £24.1m TO SALES
  • ATTRACTIVE RATING
  • ATTRACTIVE PRICE

Acquisition Attractiveness Rating

  • Low number of shareholders
  • Company is privately owned
  • Low number of directors
  • Sales growth above the industry average
  • Low financial rating
  • High gross earnings
  • Big difference between current and future value
  • Directors fees represent high proportion of profits
  • Average age of directors is high
Acquisition Attractiveness
  • Highly Attractive
  • Worth Considering
  • Unattractive

Company Valuation

Proposed
Year
Period Ending 31-Dec-20 31-Dec-21 31-Dec-22 31-Dec-23 29-Dec-24
Total Sales (£000) 10549 17484 22178 24141 26705
Pre-tax Profit (£000) 1258 2954 1686 1717 2207
Total Value (£000) 13008 23024 20109 19391 26389
Asset Value (£000) 5198 5204 5054 5911 7039
Goodwill (£000) 7810 17820 15055 13480 19350
Liabilities (£000) -1586 573 1874 1910 1812
Equity Value (£000) 11422 23597 21983 21301 28201

Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)

Shareholders / Ownership

MS JOSEPHINE COLICCI (40.0%)

MISS ROSANNA MARIA COLICCI (30.0%)

MR ROBERT COLICCI (30.0%)

Immediate Shareholder: See Shareholders

Subsidiaries

None

Acquisition / Valuation Comments

This company has been established 22 years.

The number of shareholders is low (3)

1 director is over 60 years of age.

The value of the company has fallen in each of the last 2 years.

The value of the company has fluctuated in the last 2 years.

The total value of the company is currently £19.4m including debts.

The equity value is high, indicating low levels of total liabilities.

This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.

The proposed year is based on achieving a 17% return on total assets.

The company's value would increase by 36% if the proposed business plan was followed.

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