E C M Systems Limited
- Large
- Active
- 42 years
- 63 employees
- £6,610,075 (assets)
- £10,509,300 (revenue)
- Virtual address
- 3 directors
- No owners
- Regular importer
- Regular exporter
- Rating 5.0 (6)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Ecm Systems Ltd, based in London, UK, is a sizable company with an active status, having operated for 42 years. Employing 63 individuals, the company holds £6,610,075 in assets and generates £10,509,000 in yearly revenue. While it has a registered address, it’s likely a virtual one, as ten companies share the same location. The company is directed by three individuals, with no owners officially listed—likely one of the directors holds a significant stake. It boasts a perfect 5.0 Google rating based on six reviews. Ecm Systems Ltd regularly imports and exports electrical machinery and equipment, with a strong focus on the UK retail bingo industry.
The company’s website reveals a core business centered around handheld gaming solutions and dynamic retail displays for the bingo sector. It offers software, hardware, and management systems, even integrating with Playtech PLC. Ecm Systems Ltd also manufactures bespoke electronics, provides customer services, and repairs legacy products. The website highlights a large portfolio of products, including handheld bingo terminals, food and beverage ordering apps, and even slots games. It’s clear that Ecm Systems Ltd is a technology-driven business, catering to a specific niche within the gambling industry.
Financially, Ecm Systems Ltd shows some concerning trends. While turnover increased by 5%, net assets decreased by 11% to £6.8 million. Cash bank on hand dropped significantly by 32%, falling to £5 million. Bank borrowings increased, and creditors surged by a staggering 250%, reaching £4.4 million. The company’s administrative expenses also increased by 24%, reflecting higher operational costs. Despite these challenges, trade debtors decreased, suggesting improved debt collection. The company’s auditor, Sadofskys, hasn't reported any issues.
Overall, Ecm Systems Ltd appears to be navigating a period of financial pressure. While its core bingo technology business remains active and well-regarded, the company needs to address the decline in cash reserves and rising debt to ensure its long-term sustainability.
Registered in England/Wales under the registration number 01646471, with a registered address at WC1V 6EA, United Kingdom, London, Midcity Place, 71 High Holborn.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- Ince Ian James
- 1 year
- 10
-
Resident of United Kingdom
-
Individual
- Mcginnis Chris
- 2 years
- 13
-
Resident of United Kingdom
-
Individual
- Moore Brian
- 8 years
- 15
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Full accounts made up to 2023-12-31Download 22 pages pdf report
-
Confirmation statement made on 2024-11-13 with no updatesDownload 3 pages pdf report
-
Confirmation statement made on 2023-11-13 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about E C M Systems Limited
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