innovative outdoor products limited
innovative outdoor products limited Company Information
Company Number
01756654
Next Accounts
Jun 2025
Shareholders
aquapac group ltd
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
westmoreland works, st mary's street,, nelson, lancashire, BB9 7BA
Website
aquapac.netinnovative outdoor products limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE OUTDOOR PRODUCTS LIMITED at £449.7k based on a Turnover of £649.8k and 0.69x industry multiple (adjusted for size and gross margin).
innovative outdoor products limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE OUTDOOR PRODUCTS LIMITED at £990.8k based on an EBITDA of £205.7k and a 4.82x industry multiple (adjusted for size and gross margin).
innovative outdoor products limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE OUTDOOR PRODUCTS LIMITED at £782.6k based on Net Assets of £357.9k and 2.19x industry multiple (adjusted for liquidity).
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Innovative Outdoor Products Limited Overview
Innovative Outdoor Products Limited is a live company located in nelson, BB9 7BA with a Companies House number of 01756654. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in September 1983, it's largest shareholder is aquapac group ltd with a 100% stake. Innovative Outdoor Products Limited is a mature, small sized company, Pomanda has estimated its turnover at £649.8k with declining growth in recent years.
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Innovative Outdoor Products Limited Health Check
Pomanda's financial health check has awarded Innovative Outdoor Products Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £649.8k, make it smaller than the average company (£13.2m)
- Innovative Outdoor Products Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.8%)
- Innovative Outdoor Products Limited
4.8% - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- Innovative Outdoor Products Limited
29.8% - Industry AVG
Profitability
an operating margin of 29.4% make it more profitable than the average company (6.3%)
- Innovative Outdoor Products Limited
6.3% - Industry AVG
Employees
with 10 employees, this is below the industry average (69)
10 - Innovative Outdoor Products Limited
69 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Innovative Outdoor Products Limited
£41k - Industry AVG
Efficiency
resulting in sales per employee of £65k, this is less efficient (£176k)
- Innovative Outdoor Products Limited
£176k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (56 days)
- Innovative Outdoor Products Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (44 days)
- Innovative Outdoor Products Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 142 days, this is more than average (70 days)
- Innovative Outdoor Products Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (13 weeks)
16 weeks - Innovative Outdoor Products Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a higher level of debt than the average (49.5%)
64.6% - Innovative Outdoor Products Limited
49.5% - Industry AVG
INNOVATIVE OUTDOOR PRODUCTS LIMITED financials
Innovative Outdoor Products Limited's latest turnover from September 2023 is estimated at £649.8 thousand and the company has net assets of £357.9 thousand. According to their latest financial statements, Innovative Outdoor Products Limited has 10 employees and maintains cash reserves of £91.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,026,067 | 948,184 | 833,580 | 964,968 | 1,062,295 | 1,048,883 | 1,087,886 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 619,611 | 586,869 | 551,788 | 581,394 | 614,329 | 621,398 | 691,926 | ||||||||
| Gross Profit | 406,456 | 361,315 | 281,792 | 383,574 | 447,966 | 427,485 | 395,960 | ||||||||
| Admin Expenses | 466,295 | 435,494 | 388,866 | 440,254 | 421,128 | 462,171 | |||||||||
| Operating Profit | -59,839 | -74,179 | -107,074 | -56,680 | 6,357 | -66,211 | |||||||||
| Interest Payable | 46,843 | ||||||||||||||
| Interest Receivable | 2,030 | 137 | 137 | 30 | |||||||||||
| Pre-Tax Profit | -104,652 | -74,042 | -107,074 | -56,543 | 8,712 | 6,387 | -66,211 | ||||||||
| Tax | 1,395 | 6,830 | 6,590 | 4,591 | 89 | 7,911 | |||||||||
| Profit After Tax | -103,257 | -67,212 | -100,484 | -51,952 | 8,712 | 6,476 | -58,300 | ||||||||
| Dividends Paid | 2,234 | 4,938 | 9,103 | ||||||||||||
| Retained Profit | -103,257 | -67,212 | -100,484 | -54,186 | 3,774 | 6,476 | -67,403 | ||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 10 | 11 | 13 | 11 | 12 | 12 | 12 | 11 | |||||||
| EBITDA* | -44,893 | -61,519 | -100,031 | -51,183 | 9,273 | -63,520 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,454 | 26,043 | 32,989 | 9,443 | 14,721 | 18,858 | 8,002 | 6,480 | 7,515 | 9,710 | 12,492 | 19,088 | 13,689 | 13,861 | 27,686 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 11,454 | 26,043 | 32,989 | 9,443 | 14,721 | 18,858 | 8,002 | 6,480 | 7,515 | 9,710 | 12,492 | 19,088 | 13,689 | 13,861 | 27,686 |
| Stock & work in progress | 178,185 | 191,377 | 146,508 | 131,294 | 160,690 | 231,184 | 238,957 | 368,435 | 526,630 | 492,595 | 409,437 | 484,957 | 317,279 | 209,192 | 211,006 |
| Trade Debtors | 20,385 | 128,792 | 168,917 | 153,908 | 137,808 | 165,785 | 180,235 | 178,600 | 226,919 | 207,462 | 265,480 | 224,550 | 205,097 | 194,435 | 193,586 |
| Group Debtors | 702,986 | 578,855 | |||||||||||||
| Misc Debtors | 7,300 | 28,380 | 50,768 | 39,537 | 87,508 | 46,966 | 26,413 | 63,021 | |||||||
| Cash | 91,483 | 12,590 | 659,895 | 153,883 | 197,790 | 451,410 | 434,253 | 273,670 | 177,935 | 303,301 | 180,902 | 224,557 | 399,889 | 357,757 | 133,193 |
| misc current assets | |||||||||||||||
| total current assets | 1,000,339 | 939,994 | 1,026,088 | 478,622 | 583,796 | 895,345 | 879,858 | 883,726 | 931,484 | 1,003,358 | 855,819 | 934,064 | 922,265 | 761,384 | 537,785 |
| total assets | 1,011,793 | 966,037 | 1,059,077 | 488,065 | 598,517 | 914,203 | 887,860 | 890,206 | 938,999 | 1,013,068 | 868,311 | 953,152 | 935,954 | 775,245 | 565,471 |
| Bank overdraft | 235,967 | 441,671 | 38,982 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 34,570 | 63,636 | 72,789 | 33,455 | 48,941 | 46,538 | 16,629 | 31,063 | 26,714 | 113,967 | 27,753 | 86,443 | 123,479 | 118,473 | 67,704 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 11,549 | 31,038 | 16,158 | 20,472 | 14,954 | 12,533 | 19,873 | 14,261 | |||||||
| total current liabilities | 282,086 | 536,345 | 127,929 | 53,927 | 63,895 | 59,071 | 36,502 | 45,324 | 26,714 | 113,967 | 27,753 | 86,443 | 123,479 | 118,473 | 67,704 |
| loans | 369,951 | 166,023 | 220,129 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 344,093 | ||||||||||||||
| provisions | 1,897 | ||||||||||||||
| total long term liabilities | 371,848 | 166,023 | 564,222 | ||||||||||||
| total liabilities | 653,934 | 702,368 | 692,151 | 53,927 | 63,895 | 59,071 | 36,502 | 45,324 | 26,714 | 113,967 | 27,753 | 86,443 | 123,479 | 118,473 | 67,704 |
| net assets | 357,859 | 263,669 | 366,926 | 434,138 | 534,622 | 855,132 | 851,358 | 844,882 | 912,285 | 899,101 | 840,558 | 866,709 | 812,475 | 656,772 | 497,767 |
| total shareholders funds | 357,859 | 263,669 | 366,926 | 434,138 | 534,622 | 855,132 | 851,358 | 844,882 | 912,285 | 899,101 | 840,558 | 866,709 | 812,475 | 656,772 | 497,767 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -59,839 | -74,179 | -107,074 | -56,680 | 6,357 | -66,211 | |||||||||
| Depreciation | 14,589 | 14,946 | 12,660 | 7,043 | 5,497 | 4,869 | 2,916 | 2,691 | 5,830 | 6,750 | 7,420 | 8,461 | 11,166 | 15,257 | 35,395 |
| Amortisation | |||||||||||||||
| Tax | 1,395 | 6,830 | 6,590 | 4,591 | 89 | 7,911 | |||||||||
| Stock | -13,192 | 44,869 | 15,214 | -29,396 | -70,494 | -7,773 | -129,478 | -158,195 | 34,035 | 83,158 | -75,520 | 167,678 | 108,087 | -1,814 | 211,006 |
| Debtors | -5,356 | 516,342 | 26,240 | -31,871 | 12,565 | 6,103 | -34,973 | 14,702 | 19,457 | -58,018 | 40,930 | 19,453 | 10,662 | 849 | 193,586 |
| Creditors | -29,066 | -9,153 | 39,334 | -15,486 | 2,403 | 29,909 | -14,434 | 4,349 | -87,253 | 86,214 | -58,690 | -37,036 | 5,006 | 50,769 | 67,704 |
| Accruals and Deferred Income | -19,489 | 14,880 | -4,314 | 5,518 | 2,421 | -7,340 | 5,612 | 14,261 | |||||||
| Deferred Taxes & Provisions | 1,897 | ||||||||||||||
| Cash flow from operations | -598,982 | -61,123 | -42,142 | 16,161 | 164,991 | 106,494 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 203,928 | -54,106 | 220,129 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -344,093 | 344,093 | |||||||||||||
| share issue | |||||||||||||||
| interest | -44,813 | 137 | 137 | 30 | |||||||||||
| cash flow from financing | -443,012 | 564,359 | -266,187 | 30 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 78,893 | -647,305 | 506,012 | -43,907 | -253,620 | 17,157 | 160,583 | 95,735 | -125,366 | 122,399 | -43,655 | -175,332 | 42,132 | 224,564 | 133,193 |
| overdraft | -205,704 | 402,689 | 38,982 | ||||||||||||
| change in cash | 284,597 | -1,049,994 | 467,030 | -43,907 | -253,620 | 17,157 | 160,583 | 95,735 | -125,366 | 122,399 | -43,655 | -175,332 | 42,132 | 224,564 | 133,193 |
innovative outdoor products limited Credit Report and Business Information
Innovative Outdoor Products Limited Competitor Analysis
Perform a competitor analysis for innovative outdoor products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BB9 area or any other competitors across 12 key performance metrics.
innovative outdoor products limited Ownership
INNOVATIVE OUTDOOR PRODUCTS LIMITED group structure
Innovative Outdoor Products Limited has no subsidiary companies.
Ultimate parent company
1 parent
INNOVATIVE OUTDOOR PRODUCTS LIMITED
01756654
innovative outdoor products limited directors
Innovative Outdoor Products Limited currently has 3 directors. The longest serving directors include Mr Michael Malavasi (Mar 1992) and Mr Massimo Malavasi (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Malavasi | England | 68 years | Mar 1992 | - | Director |
| Mr Massimo Malavasi | England | 64 years | Apr 2019 | - | Director |
| Mr Peter Manley | England | 45 years | Oct 2024 | - | Director |
P&L
September 2023turnover
649.8k
-37%
operating profit
191.1k
0%
gross margin
29.8%
-24.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
357.9k
+0.36%
total assets
1m
+0.05%
cash
91.5k
+6.27%
net assets
Total assets minus all liabilities
innovative outdoor products limited company details
company number
01756654
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
September 1983
age
42
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
aquapac international limited (September 2024)
aquaman (uk) limited (August 1999)
accountant
HAMILTON EDDY & CO
auditor
-
address
westmoreland works, st mary's street,, nelson, lancashire, BB9 7BA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
innovative outdoor products 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 3 charges/mortgages relating to innovative outdoor products limited. Currently there are 0 open charges and 3 have been satisfied in the past.
innovative outdoor products 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 INNOVATIVE OUTDOOR PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.
innovative outdoor products limited Companies House Filings - See Documents
| date | description | view/download |
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