i.b.s. (merseyside) limited
i.b.s. (merseyside) limited Company Information
Company Number
02113136
Website
hemscott.netRegistered Address
c/o clarke bell limited, 3rd floor, the pinnacle, 73 king street, manchester, M2 4NG
Industry
Wholesale of office furniture
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
joan robson 50%
james brian smith 50%
i.b.s. (merseyside) limited Estimated Valuation
Pomanda estimates the enterprise value of I.B.S. (MERSEYSIDE) LIMITED at £48k based on a Turnover of £215k and 0.22x industry multiple (adjusted for size and gross margin).
i.b.s. (merseyside) limited Estimated Valuation
Pomanda estimates the enterprise value of I.B.S. (MERSEYSIDE) LIMITED at £0 based on an EBITDA of £-29.9k and a 2.9x industry multiple (adjusted for size and gross margin).
i.b.s. (merseyside) limited Estimated Valuation
Pomanda estimates the enterprise value of I.B.S. (MERSEYSIDE) LIMITED at £0 based on Net Assets of £-36.9k and 1.85x industry multiple (adjusted for liquidity).
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I.b.s. (merseyside) Limited Overview
I.b.s. (merseyside) Limited is a dissolved company that was located in 73 king street, M2 4NG with a Companies House number of 02113136. It operated in the wholesale of office furniture sector, SIC Code 46650. Founded in March 1987, it's largest shareholder was joan robson with a 50% stake. The last turnover for I.b.s. (merseyside) Limited was estimated at £215k.
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I.b.s. (merseyside) Limited Health Check
Pomanda's financial health check has awarded I.B.S. (Merseyside) Limited a 2 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 £215k, make it smaller than the average company (£13.5m)
- I.b.s. (merseyside) Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.4%)
- I.b.s. (merseyside) Limited
5.4% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (25.8%)
- I.b.s. (merseyside) Limited
25.8% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (3%)
- I.b.s. (merseyside) Limited
3% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
- I.b.s. (merseyside) Limited
46 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- I.b.s. (merseyside) Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £215k, this is less efficient (£301.3k)
- I.b.s. (merseyside) Limited
£301.3k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (51 days)
- I.b.s. (merseyside) Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 232 days, this is slower than average (44 days)
- I.b.s. (merseyside) Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I.b.s. (merseyside) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I.b.s. (merseyside) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.4%, this is a higher level of debt than the average (72.8%)
150.4% - I.b.s. (merseyside) Limited
72.8% - Industry AVG
I.B.S. (MERSEYSIDE) LIMITED financials
I.B.S. (Merseyside) Limited's latest turnover from March 2019 is estimated at £215 thousand and the company has net assets of -£36.9 thousand. According to their latest financial statements, we estimate that I.B.S. (Merseyside) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,528 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 344 | |||||||||
| Gross Profit | 19,184 | |||||||||
| Admin Expenses | 49,551 | |||||||||
| Operating Profit | -30,367 | |||||||||
| Interest Payable | 0 | |||||||||
| Interest Receivable | 100 | |||||||||
| Pre-Tax Profit | -30,292 | |||||||||
| Tax | 6,377 | |||||||||
| Profit After Tax | -23,915 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | -23,915 | |||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | -30,086 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,270 | 62,294 | 62,326 | 62,373 | 62,429 | 93,590 | 93,684 | 93,808 | 93,970 | 94,183 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 10,997 | 9,094 | 8,428 | 10,864 | 7,517 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 62,270 | 62,294 | 62,326 | 62,373 | 62,429 | 104,587 | 102,778 | 102,236 | 104,834 | 101,700 |
| Stock & work in progress | 0 | 0 | 0 | 14,000 | 9,000 | 4,285 | 2,385 | 2,377 | 2,377 | 2,060 |
| Trade Debtors | 11,082 | 34,257 | 8,898 | 3,040 | 97,004 | 511 | 349 | 454 | 118 | 2,390 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 7,576 | 8,690 | 14,424 | 391 | 1,645 | 2,518 | 619 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,082 | 34,257 | 8,898 | 24,616 | 114,694 | 19,220 | 3,125 | 4,476 | 5,013 | 5,069 |
| total assets | 73,352 | 96,551 | 71,224 | 86,989 | 177,123 | 123,807 | 105,903 | 106,712 | 109,847 | 106,769 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 108,800 | 102,142 | 61,371 | 59,459 | 83,377 | 101,846 | 65,456 | 63,364 | 73,839 | 57,951 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 108,800 | 102,142 | 61,371 | 59,459 | 83,377 | 101,846 | 65,456 | 63,364 | 73,839 | 57,951 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,500 | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 39 | 50 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,500 | 1,500 | 1,500 | 39 | 50 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 110,300 | 103,642 | 62,871 | 59,498 | 83,427 | 101,846 | 65,456 | 63,364 | 73,839 | 57,951 |
| net assets | -36,948 | -7,091 | 8,353 | 27,491 | 93,696 | 21,961 | 40,447 | 43,348 | 36,008 | 48,818 |
| total shareholders funds | -36,948 | -7,091 | 8,353 | 27,491 | 93,696 | 21,961 | 40,447 | 43,348 | 36,008 | 48,818 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -30,367 | |||||||||
| Depreciation | 56 | 72 | 94 | 124 | 162 | 213 | 281 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 6,377 | |||||||||
| Stock | 0 | 0 | -14,000 | 5,000 | 4,715 | 1,900 | 8 | 0 | 317 | 2,060 |
| Debtors | -23,175 | 25,359 | 5,858 | -93,964 | 96,493 | 162 | -105 | 336 | -2,272 | 2,390 |
| Creditors | 6,658 | 40,771 | 1,912 | -23,918 | -18,469 | 36,390 | 2,092 | -10,475 | 15,888 | 57,951 |
| Accruals and Deferred Income | -1,500 | 0 | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -39 | -11 | 50 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 29,792 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -10,997 | 1,903 | 666 | -2,436 | 3,347 | 7,517 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 100 | |||||||||
| cash flow from financing | 72,833 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | -7,576 | -1,114 | -5,734 | 14,033 | -1,254 | -873 | 1,899 | 619 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -7,576 | -1,114 | -5,734 | 14,033 | -1,254 | -873 | 1,899 | 619 |
i.b.s. (merseyside) limited Credit Report and Business Information
I.b.s. (merseyside) Limited Competitor Analysis
Perform a competitor analysis for i.b.s. (merseyside) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
i.b.s. (merseyside) limited Ownership
I.B.S. (MERSEYSIDE) LIMITED group structure
I.B.S. (Merseyside) Limited has no subsidiary companies.
Ultimate parent company
I.B.S. (MERSEYSIDE) LIMITED
02113136
i.b.s. (merseyside) limited directors
I.B.S. (Merseyside) Limited currently has 2 directors. The longest serving directors include Mr James Smith (Jan 1991) and Mrs Joan Robson (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Smith | 91 years | Jan 1991 | - | Director | |
| Mrs Joan Robson | England | 84 years | Mar 2015 | - | Director |
P&L
March 2019turnover
215k
-21%
operating profit
-29.9k
0%
gross margin
20.7%
-12.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-36.9k
+4.21%
total assets
73.4k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
i.b.s. (merseyside) limited company details
company number
02113136
Type
Private limited with Share Capital
industry
46650 - Wholesale of office furniture
incorporation date
March 1987
age
37
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2019
address
c/o clarke bell limited, 3rd floor, the pinnacle, 73 king street, manchester, M2 4NG
accountant
-
auditor
-
i.b.s. (merseyside) 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 2 charges/mortgages relating to i.b.s. (merseyside) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
i.b.s. (merseyside) limited Companies House Filings - See Documents
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