irco limited
irco limited Company Information
Company Number
00264723
Next Accounts
Apr 2025
Directors
Shareholders
carl peter ives
christine mary esposito
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
bank gallery high street, kenilworth, warwickshire, CV8 1LY
irco limited Estimated Valuation
Pomanda estimates the enterprise value of IRCO LIMITED at £215.8k based on a Turnover of £66.3k and 3.26x industry multiple (adjusted for size and gross margin).
irco limited Estimated Valuation
Pomanda estimates the enterprise value of IRCO LIMITED at £4.2m based on an EBITDA of £658.3k and a 6.37x industry multiple (adjusted for size and gross margin).
irco limited Estimated Valuation
Pomanda estimates the enterprise value of IRCO LIMITED at £1.1m based on Net Assets of £624.5k and 1.75x industry multiple (adjusted for liquidity).
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Irco Limited Overview
Irco Limited is a dissolved company that was located in warwickshire, CV8 1LY with a Companies House number of 00264723. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1932, it's largest shareholder was carl peter ives with a 50% stake. The last turnover for Irco Limited was estimated at £66.3k.
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Irco Limited Health Check
Pomanda's financial health check has awarded Irco Limited a 4.5 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
2 Regular
5 Weak
Size
annual sales of £66.3k, make it smaller than the average company (£581.1k)
- Irco Limited
£581.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.8%)
- Irco Limited
2.8% - Industry AVG
Production
with a gross margin of 70.2%, this company has a comparable cost of product (70.2%)
- Irco Limited
70.2% - Industry AVG
Profitability
an operating margin of 993.7% make it more profitable than the average company (43.9%)
- Irco Limited
43.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Irco Limited
4 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Irco Limited
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.3k, this is less efficient (£153.1k)
- Irco Limited
£153.1k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (30 days)
- Irco Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (35 days)
- Irco Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Irco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 359 weeks, this is more cash available to meet short term requirements (12 weeks)
359 weeks - Irco Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (64.3%)
10.4% - Irco Limited
64.3% - Industry AVG
IRCO LIMITED financials
Irco Limited's latest turnover from May 2019 is estimated at £66.3 thousand and the company has net assets of £624.5 thousand. According to their latest financial statements, we estimate that Irco Limited has 1 employee and maintains cash reserves of £502.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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
| May 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 187,000 | 187,000 | 187,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 187,000 | 187,000 | 187,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 | 525,000 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 7,523 | 7,143 | 7,470 | 8,968 | 338,150 | 306,038 | 255,583 | 230,424 | 118,148 | 144,152 |
| Group Debtors | 411,730 | 388,751 | 354,093 | |||||||
| Misc Debtors | 333 | 3,305 | 2,313 | 2,817 | ||||||
| Cash | 502,448 | 586 | 881 | 213 | 6,662 | 6,316 | 6,794 | 3,507 | ||
| misc current assets | ||||||||||
| total current assets | 510,304 | 422,764 | 399,415 | 365,878 | 338,363 | 306,038 | 262,245 | 236,740 | 124,942 | 147,659 |
| total assets | 697,304 | 609,764 | 586,415 | 890,878 | 863,363 | 831,038 | 787,245 | 761,740 | 649,942 | 672,659 |
| Bank overdraft | 156 | |||||||||
| Bank loan | ||||||||||
| Trade Creditors | 2,766 | 2,256 | 2,077 | 2,003 | 221,687 | 52,325 | 43,434 | 136,774 | 47,233 | 179,575 |
| Group/Directors Accounts | 169,322 | 171,976 | 81,320 | 84,190 | 3,924 | |||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 69,995 | 191,351 | 209,474 | 215,612 | ||||||
| total current liabilities | 72,761 | 193,607 | 211,551 | 217,771 | 221,687 | 221,647 | 215,410 | 218,094 | 131,423 | 183,499 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 72,761 | 193,607 | 211,551 | 217,771 | 221,687 | 221,647 | 215,410 | 218,094 | 131,423 | 183,499 |
| net assets | 624,543 | 416,157 | 374,864 | 673,107 | 641,676 | 609,391 | 571,835 | 543,646 | 518,519 | 489,160 |
| total shareholders funds | 624,543 | 416,157 | 374,864 | 673,107 | 641,676 | 609,391 | 571,835 | 543,646 | 518,519 | 489,160 |
| May 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | 7,856 | 23,644 | 32,656 | 27,728 | 32,112 | 50,455 | 25,159 | 112,276 | -26,004 | 144,152 |
| Creditors | 2,766 | 179 | 74 | -219,684 | 169,362 | 8,891 | -93,340 | 89,541 | -132,342 | 179,575 |
| Accruals and Deferred Income | 69,995 | -18,123 | -6,138 | 215,612 | ||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -169,322 | -2,654 | 90,656 | -2,870 | 80,266 | 3,924 | ||||
| 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 | 502,448 | -295 | 881 | -213 | 213 | -6,662 | 346 | -478 | 3,287 | 3,507 |
| overdraft | -156 | 156 | ||||||||
| change in cash | 502,448 | -295 | 1,037 | -369 | 213 | -6,662 | 346 | -478 | 3,287 | 3,507 |
irco limited Credit Report and Business Information
Irco Limited Competitor Analysis
Perform a competitor analysis for irco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in CV8 area or any other competitors across 12 key performance metrics.
irco limited Ownership
IRCO LIMITED group structure
Irco Limited has 1 subsidiary company.
irco limited directors
Irco Limited currently has 1 director, Mr Carl Ives serving since May 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Ives | 69 years | May 1991 | - | Director |
P&L
May 2019turnover
66.3k
0%
operating profit
658.3k
0%
gross margin
70.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
624.5k
0%
total assets
697.3k
0%
cash
502.4k
0%
net assets
Total assets minus all liabilities
irco limited company details
company number
00264723
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 1932
age
93
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2019
previous names
N/A
accountant
BERNARD ROGERS & CO
auditor
-
address
bank gallery high street, kenilworth, warwickshire, CV8 1LY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
irco 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 found 2 charges/mortgages relating to irco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
irco limited 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.
Click to start generating capital raising & share issue transactions for IRCO LIMITED. This can take several minutes, an email will notify you when this has completed.
irco limited Companies House Filings - See Documents
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