ivacroft limited Company Information
Company Number
01037648
Website
www.ivacroft.co.ukRegistered Address
old guard hse., shingle hall farm, trimms grn., sawbridgeworth, herts., CM21 0LX
Industry
Electrical installation
Telephone
01279724946
Next Accounts Due
November 2024
Group Structure
View All
Directors
Christopher Webb33 Years
Shareholders
christopher arthur webb 98%
mrs jane ann louise webb 2%
ivacroft limited Estimated Valuation
Pomanda estimates the enterprise value of IVACROFT LIMITED at £282.7k based on a Turnover of £644.9k and 0.44x industry multiple (adjusted for size and gross margin).
ivacroft limited Estimated Valuation
Pomanda estimates the enterprise value of IVACROFT LIMITED at £0 based on an EBITDA of £-26.4k and a 4.54x industry multiple (adjusted for size and gross margin).
ivacroft limited Estimated Valuation
Pomanda estimates the enterprise value of IVACROFT LIMITED at £0 based on Net Assets of £-49.7k and 3.05x industry multiple (adjusted for liquidity).
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Ivacroft Limited Overview
Ivacroft Limited is a live company located in trimms grn., CM21 0LX with a Companies House number of 01037648. It operates in the electrical installation sector, SIC Code 43210. Founded in January 1972, it's largest shareholder is christopher arthur webb with a 98% stake. Ivacroft Limited is a mature, small sized company, Pomanda has estimated its turnover at £644.9k with low growth in recent years.
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Ivacroft Limited Health Check
Pomanda's financial health check has awarded Ivacroft Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £644.9k, make it in line with the average company (£692.8k)
- Ivacroft Limited
£692.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.1%)
- Ivacroft Limited
5.1% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (25.4%)
- Ivacroft Limited
25.4% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (6%)
- Ivacroft Limited
6% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (9)
9 - Ivacroft Limited
9 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Ivacroft Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £71.7k, this is less efficient (£120.3k)
- Ivacroft Limited
£120.3k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (60 days)
- Ivacroft Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (44 days)
- Ivacroft Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (6 days)
- Ivacroft Limited
6 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ivacroft Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.7%, this is a higher level of debt than the average (64.8%)
119.7% - Ivacroft Limited
64.8% - Industry AVG
IVACROFT LIMITED financials
Ivacroft Limited's latest turnover from February 2023 is estimated at £644.9 thousand and the company has net assets of -£49.7 thousand. According to their latest financial statements, Ivacroft Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 328,321 | 393,147 | ||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | 0 | 0 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | -295 | 8,457 | ||||||||||||
Tax | 0 | 0 | ||||||||||||
Profit After Tax | -295 | 8,457 | ||||||||||||
Dividends Paid | 0 | 0 | ||||||||||||
Retained Profit | -295 | 8,457 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 9 | 9 | 8 | 9 | 9 | 9 | 9 | 9 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 40,801 | 41,376 | 38,472 | 14,504 | 5,826 | 6,871 | 10,048 | 11,062 | 14,977 | 14,028 | 18,461 | 12,964 | 8,760 | 11,102 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 11,300 | 0 | 0 | 0 | 0 | 17,101 | 14,330 | 13,930 | 12,486 | 0 | 0 | 0 |
Total Fixed Assets | 40,801 | 41,376 | 49,772 | 14,504 | 5,826 | 6,871 | 10,048 | 28,163 | 29,307 | 27,958 | 30,947 | 12,964 | 8,760 | 11,102 |
Stock & work in progress | 5,000 | 4,825 | 5,250 | 6,150 | 7,750 | 7,250 | 9,500 | 9,180 | 9,650 | 46,372 | 40,887 | 35,553 | 35,116 | 36,217 |
Trade Debtors | 207,216 | 227,867 | 197,864 | 185,445 | 142,505 | 148,105 | 184,401 | 167,667 | 105,362 | 112,673 | 85,477 | 117,842 | 74,863 | 79,143 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 2,382 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 212,216 | 235,074 | 203,114 | 191,595 | 150,255 | 155,355 | 193,901 | 176,847 | 115,012 | 159,045 | 126,364 | 153,395 | 109,979 | 115,360 |
total assets | 253,017 | 276,450 | 252,886 | 206,099 | 156,081 | 162,226 | 203,949 | 205,010 | 144,319 | 187,003 | 157,311 | 166,359 | 118,739 | 126,462 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 157,765 | 137,864 | 144,219 | 104,016 | 69,278 | 107,487 | 143,114 | 141,948 | 130,173 | 170,609 | 170,788 | 161,109 | 103,733 | 111,159 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 157,765 | 137,864 | 144,219 | 104,016 | 69,278 | 107,487 | 143,114 | 141,948 | 130,173 | 170,609 | 170,788 | 161,109 | 103,733 | 111,159 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 145,000 | 150,000 | 160,000 | 150,000 | 145,000 | 125,000 | 135,000 | 135,000 | 75,000 | 75,646 | 40,000 | 30,000 | 30,000 | 30,000 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 145,000 | 150,000 | 160,000 | 150,000 | 145,000 | 125,000 | 135,000 | 135,000 | 75,000 | 75,646 | 40,000 | 30,000 | 30,000 | 30,000 |
total liabilities | 302,765 | 287,864 | 304,219 | 254,016 | 214,278 | 232,487 | 278,114 | 276,948 | 205,173 | 246,255 | 210,788 | 191,109 | 133,733 | 141,159 |
net assets | -49,748 | -11,414 | -51,333 | -47,917 | -58,197 | -70,261 | -74,165 | -71,938 | -60,854 | -59,252 | -53,477 | -24,750 | -14,994 | -14,697 |
total shareholders funds | -49,748 | -11,414 | -51,333 | -47,917 | -58,197 | -70,261 | -74,165 | -71,938 | -60,854 | -59,252 | -53,477 | -24,750 | -14,994 | -14,697 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 12,025 | 10,446 | 5,287 | 4,314 | 2,252 | 3,177 | 3,445 | 3,915 | 3,909 | 4,433 | 4,945 | 3,902 | 2,342 | 3,022 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | ||||||||||||
Stock | 175 | -425 | -900 | -1,600 | 500 | -2,250 | 320 | -470 | -36,722 | 5,485 | 5,334 | 437 | -1,101 | 36,217 |
Debtors | -20,651 | 18,703 | 23,719 | 42,940 | -5,600 | -36,296 | -367 | 65,076 | -6,911 | 28,640 | -19,879 | 42,979 | -4,280 | 79,143 |
Creditors | 19,901 | -6,355 | 40,203 | 34,738 | -38,209 | -35,627 | 1,166 | 11,775 | -40,436 | -179 | 9,679 | 57,376 | -7,426 | 111,159 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -5,000 | -10,000 | 10,000 | 5,000 | 20,000 | -10,000 | 0 | 60,000 | -646 | 35,646 | 10,000 | 0 | 0 | 30,000 |
share issue | ||||||||||||||
interest | 0 | 0 | ||||||||||||
cash flow from financing | -2 | 6,846 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -2,382 | 2,382 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -2,382 | 2,382 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ivacroft limited Credit Report and Business Information
Ivacroft Limited Competitor Analysis
Perform a competitor analysis for ivacroft limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CM21 area or any other competitors across 12 key performance metrics.
ivacroft limited Ownership
IVACROFT LIMITED group structure
Ivacroft Limited has no subsidiary companies.
Ultimate parent company
IVACROFT LIMITED
01037648
ivacroft limited directors
Ivacroft Limited currently has 1 director, Mr Christopher Webb serving since Jun 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Webb | 75 years | Jun 1991 | - | Director |
P&L
February 2023turnover
644.9k
+1%
operating profit
-38.4k
0%
gross margin
16.7%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-49.7k
+3.36%
total assets
253k
-0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
ivacroft limited company details
company number
01037648
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
January 1972
age
52
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
old guard hse., shingle hall farm, trimms grn., sawbridgeworth, herts., CM21 0LX
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ivacroft 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 ivacroft limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ivacroft limited Companies House Filings - See Documents
date | description | view/download |
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