ECS (M/G) LTD Financials
- Company number
- 13292245Copy
Copy - Registered office
- The Shipping Building, 254 Blyth Road, Hayes UB3 1HA
- Incorporated
- 25/03/2021
Company snapshot
- Status
- Active
- Employees
- 44 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
No changevs 20222022: £-307.46K
Total Assets
50.84%vs 20222022: £286.91K
Cash in Bank
55.35%vs 20222022: £210.86K
Total Liabilities
24.54%vs 20222022: £594.37K
Employees
+17vs 20222022: 27
In 2023, ECS (M/G) LTD reported net assets of £-307.46K. The same filing shows total assets of £432.77K, cash in bank of £327.57K and total liabilities of £740.23K. Reported headcount was 44 in 2023. Total Assets rose from £286.91K in 2022 to £432.77K in 2023 (50.84%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
No changefrom £-307.46K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures ECS (M/G) LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-200%vs 2021Cash in Bank
+1227%vs 2021+264% a year compound (CAGR)
Total Assets
+728%vs 2021+188% a year compound (CAGR)
Total Liabilities
Increasedvs 2021Employees
+1367%vs 2021+41Biggest increase
Employees+1367%
3 in 2021 to 44 in 2023
Biggest decrease
Net Assets-200%
£307.46K in 2021 to £-307.46K in 2023
ECS (M/G) LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ECS (M/G) LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -71.05%2023
- Liabilities to total assets
- 171.05%2023
- Cash to liabilities
- 44.25%2023
- Cash to total assets
- 75.69%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ECS (M/G) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 307.46K | -307.46K | -307.46K |
| Total Assets£ | 52.28K | 286.91K | 432.77K |
| Cash in Bank£ | 24.69K | 210.86K | 327.57K |
| Total Liabilities£ | -260.22K | 594.37K | 740.23K |
| Employees | 3 | 27 | 44 |
ECS (M/G) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ECS (M/G) LTD filed financial statements?
Yes. Okredo holds filed figures for ECS (M/G) LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did ECS (M/G) LTD report in 2023?
ECS (M/G) LTD reported net assets of £-307.46K for 2023. That compares with £-307.46K in 2022.
What total assets did ECS (M/G) LTD report in 2023?
ECS (M/G) LTD reported total assets of £432.77K for 2023. That compares with £286.91K in 2022, a change of 50.84%.
What cash in bank did ECS (M/G) LTD report in 2023?
ECS (M/G) LTD reported cash in bank of £327.57K for 2023. That compares with £210.86K in 2022, a change of 55.35%.
How many people does ECS (M/G) LTD employ?
ECS (M/G) LTD reported 44 employees in 2023, compared with 27 in 2022.
How have ECS (M/G) LTD financials changed over the last 3 years?
Between 2021 and 2023, ECS (M/G) LTD's net assets fell by 200%, cash in bank rose by 1227%, total assets rose by 728% and employee numbers rose by 1367%. Cash in bank compounded at 264% a year across the two years to 2023, from £24.69K to £327.57K. Reported headcount went from 3 in 2021 to 44 in 2023 (+41).
Which years of ECS (M/G) LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.