idor finance company limited
idor finance company limited Company Information
Company Number
00752094
Next Accounts
May 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
panayi childrens settlement
Group Structure
View All
Contact
Registered Address
16 khartoum road, ilford, IG1 2NP
Website
idorfinance.co.ukidor finance company limited Estimated Valuation
Pomanda estimates the enterprise value of IDOR FINANCE COMPANY LIMITED at £4.7m based on a Turnover of £3.2m and 1.47x industry multiple (adjusted for size and gross margin).
idor finance company limited Estimated Valuation
Pomanda estimates the enterprise value of IDOR FINANCE COMPANY LIMITED at £0 based on an EBITDA of £-171.2k and a 5.19x industry multiple (adjusted for size and gross margin).
idor finance company limited Estimated Valuation
Pomanda estimates the enterprise value of IDOR FINANCE COMPANY LIMITED at £2.6m based on Net Assets of £2.1m and 1.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Idor Finance Company Limited Overview
Idor Finance Company Limited is a live company located in ilford, IG1 2NP with a Companies House number of 00752094. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 1963, it's largest shareholder is panayi childrens settlement with a 100% stake. Idor Finance Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Idor Finance Company Limited Health Check
Pomanda's financial health check has awarded Idor Finance Company Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£4.6m)
- Idor Finance Company Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.9%)
- Idor Finance Company Limited
3.9% - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
- Idor Finance Company Limited
57.7% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (9.8%)
- Idor Finance Company Limited
9.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Idor Finance Company Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.9k, the company has an equivalent pay structure (£75.9k)
- Idor Finance Company Limited
£75.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£201.1k)
- Idor Finance Company Limited
£201.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (33 days)
- Idor Finance Company Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Idor Finance Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Idor Finance Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1709 weeks, this is more cash available to meet short term requirements (31 weeks)
1709 weeks - Idor Finance Company Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.2%, this is a lower level of debt than the average (68.3%)
2.2% - Idor Finance Company Limited
68.3% - Industry AVG
IDOR FINANCE COMPANY LIMITED financials
Idor Finance Company Limited's latest turnover from August 2023 is estimated at £3.2 million and the company has net assets of £2.1 million. According to their latest financial statements, Idor Finance Company Limited has 3 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 68,206 | 81,890 | 57,932 | 58,889 | 62,842 | 70,652 | 71,128 | 64,087 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 15,365 | 44,640 | 22,121 | 25,038 | 34,041 | 49,566 | 48,267 | 52,123 | |||||||
| Interest Payable | 0 | 91 | 0 | 0 | 0 | 422 | 446 | ||||||||
| Interest Receivable | 7,342 | 8,634 | 14,838 | 36,418 | 37,564 | 32,654 | 31,758 | 43,508 | |||||||
| Pre-Tax Profit | 22,707 | 53,183 | 36,959 | 61,456 | 71,605 | 82,220 | 79,603 | 95,185 | |||||||
| Tax | -4,541 | -10,637 | -7,392 | -12,291 | -14,321 | -16,922 | -16,717 | -19,989 | |||||||
| Profit After Tax | 18,166 | 42,546 | 29,567 | 49,165 | 57,284 | 65,298 | 62,886 | 75,196 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | 18,166 | 42,546 | 29,567 | 49,165 | 57,284 | 65,298 | 62,886 | 75,196 | |||||||
| Employee Costs | 9,034 | 33,780 | 31,215 | 5,956 | 23,000 | ||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* | 15,365 | 44,640 | 22,121 | 25,038 | 34,041 | 49,566 | 48,267 | 52,123 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 215,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 215,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 569,772 | 594,072 | 376,108 | 629,760 | 734,913 | 1,018,117 | 808,483 | 940,462 | 2,709 | 7,498 | 7,033 | 15,527 | 25,618 | 18,996 | 12,494 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,324 | 5,389 | 3,598 | 3,578 | 19 | 35 | 86 | 91 | 133 | 131 | 110 | 8,503 | 6,516 | 6,411 | 7,134 |
| Cash | 1,521,131 | 1,579,532 | 1,626,167 | 1,588,871 | 1,518,319 | 1,191,973 | 1,378,873 | 1,242,321 | 1,215,655 | 1,143,399 | 1,290,158 | 1,299,722 | 1,119,335 | 1,060,020 | 1,082,894 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 952,000 | 990,000 | 800,000 | 725,000 | 840,000 | 840,000 | 830,000 |
| total current assets | 2,099,227 | 2,178,993 | 2,005,873 | 2,222,209 | 2,253,251 | 2,210,125 | 2,187,442 | 2,182,874 | 2,170,497 | 2,141,028 | 2,097,301 | 2,048,752 | 1,991,469 | 1,925,427 | 1,932,522 |
| total assets | 2,099,227 | 2,178,993 | 2,220,873 | 2,222,209 | 2,253,251 | 2,210,125 | 2,187,442 | 2,182,874 | 2,170,497 | 2,141,028 | 2,097,301 | 2,048,752 | 1,991,469 | 1,925,427 | 1,932,522 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68,574 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 310 | 0 | 0 | 1,470 | 1,742 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 47,087 | 0 | 0 | 0 | 0 | 0 | 7,829 | 20,670 | 4,502 | 3,938 | 3,072 | 2,556 | 783 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 46,263 | 36,212 | 8,244 | 35,668 | 51,455 | 25,259 | 14,371 | 16,401 | 14,361 | 13,127 | 14,863 | 17,785 | 18,652 | 18,424 | 21,604 |
| total current liabilities | 46,263 | 36,212 | 55,331 | 35,668 | 51,455 | 25,259 | 14,681 | 16,401 | 22,190 | 35,267 | 21,107 | 21,723 | 21,724 | 20,980 | 90,961 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 46,263 | 36,212 | 55,331 | 35,668 | 51,455 | 25,259 | 14,681 | 16,401 | 22,190 | 35,267 | 21,107 | 21,723 | 21,724 | 20,980 | 90,961 |
| net assets | 2,052,964 | 2,142,781 | 2,165,542 | 2,186,541 | 2,201,796 | 2,184,866 | 2,172,761 | 2,166,473 | 2,148,307 | 2,105,761 | 2,076,194 | 2,027,029 | 1,969,745 | 1,904,447 | 1,841,561 |
| total shareholders funds | 2,052,964 | 2,142,781 | 2,165,542 | 2,186,541 | 2,201,796 | 2,184,866 | 2,172,761 | 2,166,473 | 2,148,307 | 2,105,761 | 2,076,194 | 2,027,029 | 1,969,745 | 1,904,447 | 1,841,561 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 15,365 | 44,640 | 22,121 | 25,038 | 34,041 | 49,566 | 48,267 | 52,123 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,541 | -10,637 | -7,392 | -12,291 | -14,321 | -16,922 | -16,717 | -19,989 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -21,365 | 4,755 | -38,632 | -101,594 | -283,220 | 209,583 | -131,984 | 937,711 | -4,787 | 486 | -16,887 | -8,104 | 6,727 | 5,779 | 19,628 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -310 | 310 | 0 | -1,470 | -272 | 1,742 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 10,051 | 27,968 | -27,424 | -15,787 | 26,196 | 10,888 | -2,030 | 2,040 | 1,234 | -1,736 | -2,922 | -867 | 228 | -3,180 | 21,604 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -924,847 | 38,554 | 12,235 | 28,454 | 26,957 | 26,145 | 22,591 | 34,110 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -47,087 | 47,087 | 0 | 0 | 0 | 0 | -7,829 | -12,841 | 16,168 | 564 | 866 | 516 | 1,773 | 783 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 7,342 | 8,543 | 14,838 | 36,418 | 32,654 | 31,336 | 43,062 | ||||||||
| cash flow from financing | -487 | -4,298 | 31,006 | 36,982 | 33,170 | 33,109 | 1,810,210 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -58,401 | -46,635 | 37,296 | 70,552 | 326,346 | -186,900 | 136,552 | 26,666 | 72,256 | -146,759 | -9,564 | 180,387 | 59,315 | -22,874 | 1,082,894 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -68,574 | 68,574 |
| change in cash | -58,401 | -46,635 | 37,296 | 70,552 | 326,346 | -186,900 | 136,552 | 26,666 | 72,256 | -146,759 | -9,564 | 180,387 | 59,315 | 45,700 | 1,014,320 |
idor finance company limited Credit Report and Business Information
Idor Finance Company Limited Competitor Analysis
Perform a competitor analysis for idor finance company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in IG1 area or any other competitors across 12 key performance metrics.
idor finance company limited Ownership
IDOR FINANCE COMPANY LIMITED group structure
Idor Finance Company Limited has no subsidiary companies.
Ultimate parent company
IDOR FINANCE COMPANY LIMITED
00752094
idor finance company limited directors
Idor Finance Company Limited currently has 2 directors. The longest serving directors include Mrs Sylvia Panayi (Dec 1991) and Mr Gregory Panayi (Dec 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sylvia Panayi | 78 years | Dec 1991 | - | Director | |
| Mr Gregory Panayi | 89 years | Dec 1991 | - | Director |
P&L
August 2023turnover
3.2m
-3%
operating profit
-171.2k
0%
gross margin
57.7%
-0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
2.1m
-0.04%
total assets
2.1m
-0.04%
cash
1.5m
-0.04%
net assets
Total assets minus all liabilities
idor finance company limited company details
company number
00752094
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
March 1963
age
62
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
idor properties limited (August 1987)
accountant
PRESTIGE ACCOUNTS LIMITED
auditor
-
address
16 khartoum road, ilford, IG1 2NP
Bank
BANK OF CYPRUS
Legal Advisor
-
idor finance company 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 1 charges/mortgages relating to idor finance company limited. Currently there are 0 open charges and 1 have been satisfied in the past.
idor finance company 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 IDOR FINANCE COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
idor finance company limited Companies House Filings - See Documents
| date | description | view/download |
|---|
