Pomanda estimates the enterprise value of IBC VEHICLES LIMITED at £474.2m based on a Turnover of £1.2b and 0.4x industry multiple (adjusted for size and gross margin).
ibc vehicles limitedEstimated Valuation
£130.8m
Pomanda estimates the enterprise value of IBC VEHICLES LIMITED at £130.8m based on an EBITDA of £36.3m and a 3.6x industry multiple (adjusted for size and gross margin).
ibc vehicles limitedEstimated Valuation
£346m
Pomanda estimates the enterprise value of IBC VEHICLES LIMITED at £346m based on Net Assets of £193.2m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ibc Vehicles LimitedOverview
Ibc Vehicles Limited is a live company located in luton, LU2 0JX with a Companies House number of 02091272. It operates in the manufacture of motor vehicles sector, SIC Code 29100. Founded in January 1987, it's largest shareholder is
opel automobile gmbh
with a 100% stake. Ibc Vehicles Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£1.2b with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ibc Vehicles Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
2 Weak
Size
annual sales of £1.2b, make it larger than the average company (£26.6m)
£1.2b - Ibc Vehicles Limited
£26.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (11.6%)
13% - Ibc Vehicles Limited
11.6% - Industry AVG
Production
with a gross margin of 2.4%, this company has a higher cost of product (14.3%)
2.4% - Ibc Vehicles Limited
14.3% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (3%)
2.3% - Ibc Vehicles Limited
3% - Industry AVG
Employees
with 1179 employees, this is above the industry average (223)
1179 - Ibc Vehicles Limited
223 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has an equivalent pay structure (£45.7k)
£54.4k - Ibc Vehicles Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£255.5k)
£1m - Ibc Vehicles Limited
£255.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
0 days - Ibc Vehicles Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (44 days)
51 days - Ibc Vehicles Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (80 days)
10 days - Ibc Vehicles Limited
80 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ibc Vehicles Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a lower level of debt than the average (74.8%)
52.3% - Ibc Vehicles Limited
74.8% - Industry AVG
IBC VEHICLES LIMITED financials
EXPORT
Ibc Vehicles Limited's latest turnover from December 2023 is £1.2 billion and the company has net assets of £193.2 million. According to their latest financial statements, Ibc Vehicles Limited has 1,179 employees and maintains cash reserves of 0 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
1,199,509,000
1,022,083,000
743,696,000
824,992,000
734,997,000
848,149,000
805,893,000
891,816,000
681,395,000
492,882,000
493,263,000
586,522,000
732,192,000
752,451,000
601,047,000
Other Income Or Grants
Cost Of Sales
1,170,478,000
995,643,000
729,285,000
815,881,000
721,252,000
830,635,000
795,599,000
885,105,000
670,486,000
489,135,000
471,164,000
567,763,000
705,004,000
724,668,000
583,183,000
Gross Profit
29,031,000
26,440,000
14,411,000
9,111,000
13,745,000
17,514,000
10,294,000
6,711,000
10,909,000
3,747,000
22,099,000
18,759,000
27,188,000
27,783,000
17,864,000
Admin Expenses
2,051,000
6,098,000
1,595,000
2,517,000
743,000
975,000
466,000
-239,000
-618,000
1,323,000
1,768,000
13,298,000
4,071,000
15,252,000
201,000
Operating Profit
26,980,000
20,342,000
12,816,000
6,594,000
13,002,000
16,539,000
9,828,000
6,950,000
11,527,000
2,424,000
20,331,000
5,461,000
23,117,000
12,531,000
17,663,000
Interest Payable
5,321,000
2,098,000
169,000
497,000
1,111,000
510,000
696,000
966,000
662,000
160,000
62,000
52,000
350,000
13,657,000
2,171,000
Interest Receivable
11,000
7,000
5,000
158,000
1,000
3,000
5,000
54,000
75,000
157,000
113,000
10,800,000
Pre-Tax Profit
21,647,000
17,943,000
12,588,000
15,181,000
11,896,000
15,887,000
8,063,000
4,059,000
8,370,000
-382,000
22,244,000
5,366,000
23,780,000
9,674,000
12,392,000
Tax
-4,650,000
-2,208,000
3,275,000
666,000
270,000
3,611,000
9,234,000
-28,120,000
23,293,000
-797,000
-4,794,000
1,324,000
7,264,000
-37,000
-333,000
Profit After Tax
16,997,000
15,735,000
15,863,000
15,847,000
12,166,000
19,498,000
17,297,000
-24,061,000
31,663,000
-1,179,000
17,450,000
6,690,000
31,044,000
9,637,000
12,059,000
Dividends Paid
Retained Profit
16,997,000
15,735,000
15,863,000
15,847,000
12,166,000
19,498,000
17,297,000
-24,061,000
31,663,000
-1,179,000
17,450,000
6,690,000
31,044,000
9,637,000
12,059,000
Employee Costs
64,108,000
69,647,000
61,274,000
71,512,000
66,593,000
57,769,000
59,705,000
59,391,000
53,145,000
40,432,000
35,962,000
49,240,000
42,574,000
45,235,000
46,747,000
Number Of Employees
1,179
1,106
1,538
1,605
1,360
1,264
1,418
1,498
1,338
989
923
1,049
1,117
1,272
1,456
EBITDA*
36,336,000
30,765,000
23,021,000
16,775,000
36,150,000
32,753,000
17,636,000
15,662,000
20,726,000
11,614,000
28,747,000
13,107,000
30,943,000
20,602,000
26,104,000
* 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
120,167,000
127,117,000
132,243,000
131,282,000
140,394,000
136,698,000
98,730,000
105,106,000
105,217,000
92,252,000
85,954,000
59,781,000
53,754,000
61,083,000
68,265,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
6,521,000
6,500,000
7,142,000
5,684,000
6,984,000
6,747,000
4,532,000
3,746,000
35,909,000
Total Fixed Assets
126,688,000
133,617,000
139,385,000
136,966,000
147,378,000
143,445,000
103,262,000
108,852,000
141,126,000
92,252,000
85,954,000
59,781,000
53,754,000
61,083,000
68,265,000
Stock & work in progress
34,807,000
40,750,000
15,835,000
27,160,000
29,590,000
24,006,000
17,385,000
20,183,000
12,110,000
18,619,000
15,300,000
13,969,000
15,651,000
13,170,000
14,174,000
Trade Debtors
1,339,000
4,523,000
51,000
272,000
3,872,000
3,594,000
3,917,000
6,336,000
4,605,000
7,217,000
2,676,000
35,338,000
22,009,000
42,043,000
48,117,000
Group Debtors
234,525,000
159,453,000
146,221,000
238,930,000
233,161,000
140,406,000
58,972,000
106,778,000
123,649,000
115,691,000
78,289,000
71,169,000
112,381,000
108,306,000
58,095,000
Misc Debtors
2,899,000
4,937,000
6,730,000
6,108,000
3,294,000
6,261,000
5,086,000
2,593,000
3,993,000
5,424,000
13,907,000
12,328,000
10,376,000
3,742,000
13,397,000
Cash
2,000
149,000
113,000
254,000
3,212,000
8,236,000
misc current assets
4,716,000
total current assets
278,286,000
209,663,000
168,837,000
272,470,000
269,917,000
174,267,000
85,362,000
135,890,000
144,357,000
146,951,000
110,321,000
132,917,000
160,671,000
170,473,000
142,019,000
total assets
404,974,000
343,280,000
308,222,000
409,436,000
417,295,000
317,712,000
188,624,000
244,742,000
285,483,000
239,203,000
196,275,000
192,698,000
214,425,000
231,556,000
210,284,000
Bank overdraft
42,000
2,000
Bank loan
Trade Creditors
164,022,000
117,309,000
94,673,000
129,781,000
127,580,000
177,925,000
79,513,000
133,381,000
88,918,000
84,209,000
78,471,000
83,039,000
108,573,000
97,655,000
78,492,000
Group/Directors Accounts
29,983,000
25,076,000
23,973,000
100,005,000
141,369,000
2,997,000
539,000
4,123,000
54,258,000
49,949,000
14,454,000
5,010,000
7,177,000
60,587,000
59,751,000
other short term finances
hp & lease commitments
other current liabilities
16,956,000
21,516,000
24,178,000
29,088,000
11,267,000
12,547,000
6,866,000
10,887,000
10,255,000
15,755,000
10,068,000
18,793,000
13,780,000
15,284,000
12,414,000
total current liabilities
210,961,000
163,901,000
142,866,000
258,874,000
280,216,000
193,469,000
86,918,000
148,391,000
153,433,000
149,913,000
102,993,000
106,842,000
129,530,000
173,526,000
150,657,000
loans
hp & lease commitments
Accruals and Deferred Income
1,003,000
1,034,000
1,130,000
1,663,000
7,102,000
7,134,000
3,955,000
287,000
319,000
351,000
342,000
other liabilities
208,000
1,354,000
2,848,000
provisions
383,000
1,604,000
total long term liabilities
836,000
3,389,000
4,401,000
6,591,000
9,576,000
13,056,000
11,096,000
78,292,000
64,434,000
76,855,000
65,387,000
79,619,000
74,151,000
41,342,000
65,200,000
total liabilities
211,797,000
167,290,000
147,267,000
265,465,000
289,792,000
206,525,000
98,014,000
226,683,000
217,867,000
226,768,000
168,380,000
186,461,000
203,681,000
214,868,000
215,857,000
net assets
193,177,000
175,990,000
160,955,000
143,971,000
127,503,000
111,187,000
90,610,000
18,059,000
67,616,000
12,435,000
27,895,000
6,237,000
10,744,000
16,688,000
-5,573,000
total shareholders funds
193,177,000
175,990,000
160,955,000
143,971,000
127,503,000
111,187,000
90,610,000
18,059,000
67,616,000
12,435,000
27,895,000
6,237,000
10,744,000
16,688,000
-5,573,000
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
26,980,000
20,342,000
12,816,000
6,594,000
13,002,000
16,539,000
9,828,000
6,950,000
11,527,000
2,424,000
20,331,000
5,461,000
23,117,000
12,531,000
17,663,000
Depreciation
9,356,000
10,423,000
10,205,000
10,181,000
23,148,000
16,214,000
7,808,000
8,712,000
9,199,000
9,190,000
8,416,000
7,646,000
7,826,000
8,071,000
8,441,000
Amortisation
Tax
-4,650,000
-2,208,000
3,275,000
666,000
270,000
3,611,000
9,234,000
-28,120,000
23,293,000
-797,000
-4,794,000
1,324,000
7,264,000
-37,000
-333,000
Stock
-5,943,000
24,915,000
-11,325,000
-2,430,000
5,584,000
6,621,000
-2,798,000
8,073,000
-6,509,000
3,319,000
1,331,000
-1,682,000
2,481,000
-1,004,000
14,174,000
Debtors
69,871,000
15,269,000
-90,850,000
3,683,000
90,303,000
84,501,000
-46,946,000
-48,703,000
39,824,000
33,460,000
-23,963,000
-25,931,000
-9,325,000
34,482,000
119,609,000
Creditors
46,713,000
22,636,000
-35,108,000
2,201,000
-50,345,000
98,412,000
-53,868,000
44,463,000
4,709,000
5,738,000
-4,568,000
-25,534,000
10,918,000
19,163,000
78,492,000
Accruals and Deferred Income
-4,560,000
-2,662,000
-5,913,000
17,790,000
-1,376,000
5,148,000
-9,460,000
600,000
-2,321,000
9,355,000
-8,757,000
4,981,000
-1,495,000
3,212,000
12,414,000
Deferred Taxes & Provisions
-1,221,000
1,604,000
Cash flow from operations
8,690,000
9,951,000
87,450,000
36,179,000
-111,188,000
48,802,000
13,286,000
73,235,000
13,092,000
-10,869,000
33,260,000
21,491,000
54,474,000
9,462,000
-17,106,000
Investing Activities
capital expenditure
-2,406,000
-5,297,000
-11,166,000
-1,069,000
-26,844,000
-54,182,000
-1,432,000
-8,601,000
-22,164,000
-15,488,000
-34,589,000
-13,673,000
-497,000
-889,000
-76,706,000
Change in Investments
cash flow from investments
-2,406,000
-5,297,000
-11,166,000
-1,069,000
-26,844,000
-54,182,000
-1,432,000
-8,601,000
-22,164,000
-15,488,000
-34,589,000
-13,673,000
-497,000
-889,000
-76,706,000
Financing Activities
Bank loans
Group/Directors Accounts
4,907,000
1,103,000
-76,032,000
-41,364,000
138,372,000
2,458,000
-3,584,000
-50,135,000
4,309,000
35,495,000
9,444,000
-2,167,000
-53,410,000
836,000
59,751,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,146,000
-1,494,000
2,848,000
share issue
190,000
-700,000
1,121,000
621,000
4,150,000
1,079,000
55,254,000
-25,496,000
23,518,000
-14,281,000
4,208,000
-11,197,000
-36,988,000
12,624,000
-17,632,000
interest
-5,321,000
-2,098,000
-158,000
-490,000
-1,106,000
-352,000
-695,000
-963,000
-657,000
-106,000
13,000
105,000
-237,000
-2,857,000
-2,171,000
cash flow from financing
-1,370,000
-3,189,000
-72,221,000
-41,233,000
141,416,000
3,185,000
50,975,000
-76,594,000
27,170,000
21,108,000
13,665,000
-13,259,000
-90,635,000
10,603,000
39,948,000
cash and cash equivalents
cash
-2,000
2,000
-149,000
36,000
-141,000
-2,958,000
-5,024,000
8,236,000
overdraft
-42,000
42,000
-2,000
2,000
change in cash
42,000
-42,000
-2,000
2,000
2,000
-2,000
-149,000
36,000
-141,000
-2,958,000
-5,024,000
8,236,000
ibc vehicles limited 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 ibc vehicles limited. Get real-time insights into ibc vehicles limited's credit score, group structure and payment trends.
Perform a competitor analysis for ibc vehicles limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in LU2 area or any other competitors across 12 key performance metrics.
The sole shareholder of Ibc Vehicles Limited is Opel Automobile Gmbh.
opel automobile gmbh
100%
ibc vehicles limited directors
Ibc Vehicles Limited currently has 3 directors.
The longest serving directors include
Mr Alberto Morales Facerias (May 2020) and
Mr Alberto Morales Facerias (May 2020).
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 did not find charges/mortgages relating to ibc vehicles limited.
ibc vehicles 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.
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ibc vehicles limitedCompanies House Filings - See Documents
