Pomanda estimates the enterprise value of INSOLVENCY PRACTITIONERS ASSOCIATION at £2.1m based on a Turnover of £3.6m and 0.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of INSOLVENCY PRACTITIONERS ASSOCIATION at £1.1m based on an EBITDA of £342k and a 3.26x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of INSOLVENCY PRACTITIONERS ASSOCIATION at £7.2m based on Net Assets of £2.5m and 2.94x industry multiple (adjusted for liquidity).
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Insolvency Practitioners AssociationOverview
Insolvency Practitioners Association is a live company located in london, WC2N 4BE with a Companies House number of 01151132. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in December 1973, it's largest shareholder is
unknown.
Insolvency Practitioners Association is a mature,
small sized company, Pomanda has estimated its turnover at
£3.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Insolvency Practitioners Association a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £3.6m, make it larger than the average company (£874.7k)
£3.6m - Insolvency Practitioners Association
£874.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.8%)
5% - Insolvency Practitioners Association
4.8% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
70.3% - Insolvency Practitioners Association
70.3% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (2.2%)
8.8% - Insolvency Practitioners Association
2.2% - Industry AVG
Employees
with 36 employees, this is above the industry average (13)
36 - Insolvency Practitioners Association
13 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
£47.7k - Insolvency Practitioners Association
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £101k, this is equally as efficient (£111.9k)
£101k - Insolvency Practitioners Association
£111.9k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (22 days)
13 days - Insolvency Practitioners Association
22 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (30 days)
7 days - Insolvency Practitioners Association
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Insolvency Practitioners Association
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 54 weeks, this is less cash available to meet short term requirements (102 weeks)
54 weeks - Insolvency Practitioners Association
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a higher level of debt than the average (26.4%)
58.7% - Insolvency Practitioners Association
26.4% - Industry AVG
INSOLVENCY PRACTITIONERS ASSOCIATION financials
EXPORT
Insolvency Practitioners Association's latest turnover from December 2023 is £3.6 million and the company has net assets of £2.5 million. According to their latest financial statements, Insolvency Practitioners Association has 36 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
3,634,809
3,304,068
3,493,511
3,140,241
2,945,653
2,379,332
2,507,115
2,412,142
2,315,397
2,329,099
2,273,563
2,038,115
2,014,768
1,804,764
1,761,858
Other Income Or Grants
Cost Of Sales
1,081,180
865,154
885,304
929,293
950,371
780,625
808,187
754,021
786,100
973,750
1,019,617
757,338
779,042
734,871
Gross Profit
2,553,629
2,438,914
2,608,207
2,210,948
1,995,282
1,598,707
1,698,928
1,658,122
1,529,297
1,355,349
1,253,946
1,280,777
1,235,726
1,069,893
Admin Expenses
2,235,629
2,289,241
2,251,063
1,893,647
1,606,515
1,623,588
1,814,015
1,633,485
1,474,857
1,403,948
1,248,595
1,286,190
1,169,945
973,990
-153,371
Operating Profit
318,000
149,673
357,144
317,301
388,767
-24,881
-115,087
24,637
54,440
-48,599
5,351
-5,413
65,781
95,903
153,371
Interest Payable
13
1,742
Interest Receivable
30,722
10,675
5,253
6,541
6,481
8,712
3,872
26,128
22,674
5,847
7,772
11,368
9,819
8,091
2,566
Pre-Tax Profit
380,591
-16,074
438,592
323,842
395,235
-16,169
-112,957
113,677
45,679
-27,708
30,150
25,536
85,536
103,347
162,336
Tax
-27,114
-5,775
-998
-6,177
-10,664
15,241
13,540
-8,592
-8,278
-7,333
-2,196
-6,939
-39
-14,241
-4,881
Profit After Tax
353,477
-21,849
437,594
317,665
384,571
-928
-99,417
105,085
37,401
-35,041
27,954
18,597
85,497
89,106
157,455
Dividends Paid
Retained Profit
353,477
-21,849
437,594
317,665
384,571
-928
-99,417
105,085
37,401
-35,041
27,954
18,597
85,497
89,106
157,455
Employee Costs
1,716,327
1,586,034
1,392,008
1,203,529
1,109,977
1,023,807
1,723,948
1,342,008
1,334,233
1,314,509
1,254,410
1,200,199
1,137,564
1,047,366
920,190
Number Of Employees
36
35
32
29
27
25
28
26
24
24
22
21
19
19
18
EBITDA*
342,020
175,715
374,991
342,268
409,621
17,006
-77,233
78,701
92,335
-7,273
45,583
29,427
76,551
128,086
246,316
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
4,708
6,503
8,774
2,709
16,998
33,179
49,064
58,781
5,790
119,005
138,803
159,547
121,533
8,033
30,109
Intangible Assets
15,584
19,567
17,875
14,750
32,037
44,642
61,063
88,654
Investments & Other
2,125,697
1,223,448
1,375,998
1,009,975
743,562
670,867
689,383
597,388
514,914
510,009
397,101
393,824
437,619
470,317
413,738
Debtors (Due After 1 year)
Total Fixed Assets
2,145,989
1,249,518
1,402,647
1,027,434
760,560
736,083
783,089
717,232
609,358
629,014
535,904
553,371
559,152
478,350
443,847
Stock & work in progress
Trade Debtors
131,685
37,759
122,398
91,695
37,060
8,957
110,553
91,293
76,320
21,936
57,252
21,786
23,967
29,993
Group Debtors
Misc Debtors
90,096
44,874
51,005
40,946
70,357
51,601
71,740
112,818
40,014
112,663
91,641
76,641
66,612
47,660
58,004
Cash
3,591,264
4,142,461
3,741,576
3,208,884
2,699,477
2,508,655
2,314,214
434,753
2,263,045
2,252,806
2,363,884
2,341,196
2,421,349
2,270,978
1,960,094
misc current assets
1,850,000
total current assets
3,813,045
4,225,094
3,914,979
3,341,525
2,806,894
2,569,213
2,496,507
2,488,864
2,379,379
2,387,405
2,512,777
2,439,623
2,511,928
2,348,631
2,018,098
total assets
5,959,034
5,474,612
5,317,626
4,368,959
3,567,454
3,305,296
3,279,596
3,206,096
2,988,737
3,016,419
3,048,681
2,992,994
3,071,080
2,826,981
2,461,945
Bank overdraft
Bank loan
Trade Creditors
22,069
29,957
57,725
136,066
60,303
60,151
206,014
61,517
81,695
19,987
78,426
62,715
52,016
27,408
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
3,397,294
3,258,461
3,045,758
2,541,302
2,111,692
2,231,762
2,037,585
2,006,048
1,972,372
1,935,217
1,930,584
1,819,582
1,916,016
1,870,022
1,659,244
total current liabilities
3,419,363
3,288,418
3,103,483
2,677,368
2,171,995
2,291,913
2,243,599
2,067,565
1,972,372
2,016,912
1,950,571
1,898,008
1,978,731
1,922,038
1,686,652
loans
hp & lease commitments
Accruals and Deferred Income
24,028
45,714
25,400
31,750
38,100
45,366
51,716
57,150
other liabilities
21,533
23,431
provisions
78,858
78,858
84,958
56,297
74,777
85,303
40,544
total long term liabilities
78,858
78,858
84,958
21,533
24,028
45,714
48,831
31,750
38,100
101,663
126,493
142,453
40,544
total liabilities
3,498,221
3,367,276
3,188,441
2,677,368
2,193,528
2,315,941
2,289,313
2,116,396
2,004,122
2,055,012
2,052,234
2,024,501
2,121,184
1,962,582
1,686,652
net assets
2,460,813
2,107,336
2,129,185
1,691,591
1,373,926
989,355
990,283
1,089,700
984,615
961,407
996,447
968,493
949,896
864,399
775,293
total shareholders funds
2,460,813
2,107,336
2,129,185
1,691,591
1,373,926
989,355
990,283
1,089,700
984,615
961,407
996,447
968,493
949,896
864,399
775,293
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
318,000
149,673
357,144
317,301
388,767
-24,881
-115,087
24,637
54,440
-48,599
5,351
-5,413
65,781
95,903
153,371
Depreciation
6,962
6,042
5,222
17,592
20,142
29,282
19,295
22,273
37,895
41,326
40,232
34,840
10,770
32,183
92,945
Amortisation
17,058
20,000
12,625
7,375
712
12,605
18,559
31,791
Tax
-27,114
-5,775
-998
-6,177
-10,664
15,241
13,540
-8,592
-8,278
-7,333
-2,196
-6,939
-39
-14,241
-4,881
Stock
Debtors
139,148
-90,770
40,762
25,224
46,859
-121,735
-21,818
87,777
-18,265
-14,294
50,466
7,848
12,926
19,649
58,004
Creditors
-7,888
-27,768
-78,341
75,763
152
-145,863
144,497
61,517
-81,695
61,708
-58,439
15,711
10,699
24,608
27,408
Accruals and Deferred Income
138,833
212,703
504,456
429,610
-144,098
172,491
51,851
27,326
30,805
-2,633
104,652
-101,868
103,144
210,778
1,659,244
Deferred Taxes & Provisions
-6,100
84,958
-56,297
-18,480
-10,526
44,759
40,544
Cash flow from operations
306,703
439,545
844,304
816,240
208,152
180,610
154,473
71,175
51,432
2,466
20,654
-82,043
222,188
370,126
1,870,083
Investing Activities
capital expenditure
-18,242
-25,463
-27,037
-25,428
27,364
-13,397
-11,716
-79,464
-13,334
-21,528
-19,488
-72,854
-124,270
-10,107
-123,054
Change in Investments
902,249
-152,550
366,023
266,413
72,695
-18,516
91,995
82,474
4,905
112,908
3,277
-43,795
-32,698
56,579
413,738
cash flow from investments
-920,491
127,087
-393,060
-291,841
-45,331
5,119
-103,711
-161,938
-18,239
-134,436
-22,765
-29,059
-91,572
-66,686
-536,792
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-21,533
21,533
-23,431
23,431
share issue
-14,193
1
617,838
interest
30,722
10,675
5,253
6,541
6,468
8,712
2,130
26,128
22,674
5,847
7,772
11,368
9,819
8,091
2,566
cash flow from financing
30,722
10,675
5,253
-14,992
28,001
8,712
-21,301
49,559
8,481
5,848
7,772
11,368
9,819
8,091
620,404
cash and cash equivalents
cash
-551,197
400,885
532,692
509,407
190,822
194,441
1,879,461
-1,828,292
10,239
-111,078
22,688
-80,153
150,371
310,884
1,960,094
overdraft
change in cash
-551,197
400,885
532,692
509,407
190,822
194,441
1,879,461
-1,828,292
10,239
-111,078
22,688
-80,153
150,371
310,884
1,960,094
insolvency practitioners association Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for insolvency practitioners association. Get real-time insights into insolvency practitioners association's credit score, group structure and payment trends.
Insolvency Practitioners Association Competitor Analysis
Perform a competitor analysis for insolvency practitioners association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WC2N area or any other competitors across 12 key performance metrics.
insolvency practitioners association Ownership
INSOLVENCY PRACTITIONERS ASSOCIATION group structure
Insolvency Practitioners Association has no subsidiary companies.
Ultimate parent company
INSOLVENCY PRACTITIONERS ASSOCIATION
01151132
INSOLVENCY PRACTITIONERS ASSOCIATION Shareholders
The sole shareholder of Insolvency Practitioners Association is -.
-
-
insolvency practitioners association directors
Insolvency Practitioners Association currently has 16 directors.
The longest serving directors include
Mr Simon Underwood (Apr 2014) and
Mr Paul Davis (Apr 2017).
insolvency practitioners association company details
company number
01151132
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
December 1973
age
52
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
December 2023
previous names
insolvency practitioners association limited (May 2000)
accountant
-
auditor
BOURNER BULLOCK
address
114 st martin's lane, covent garden, london, WC2N 4BE
Bank
-
Legal Advisor
-
insolvency practitioners association 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 insolvency practitioners association. Currently there are 0 open charges and 1 have been satisfied in the past.
insolvency practitioners association 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 INSOLVENCY PRACTITIONERS ASSOCIATION. This can take several minutes, an email will notify you when this has completed.
insolvency practitioners associationCompanies House Filings - See Documents
