indespension ltd
indespension ltd Company Information
Company Number
02125263
Next Accounts
Jul 2025
Shareholders
dra ltd
Group Structure
View All
Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
paragon business park, chorley new road, horwich, bolton, BL6 6HG
Website
www.indespension.co.ukindespension ltd Estimated Valuation
Pomanda estimates the enterprise value of INDESPENSION LTD at £17.6m based on a Turnover of £18.8m and 0.94x industry multiple (adjusted for size and gross margin).
indespension ltd Estimated Valuation
Pomanda estimates the enterprise value of INDESPENSION LTD at £3.7m based on an EBITDA of £500k and a 7.33x industry multiple (adjusted for size and gross margin).
indespension ltd Estimated Valuation
Pomanda estimates the enterprise value of INDESPENSION LTD at £7.8m based on Net Assets of £4m and 1.96x industry multiple (adjusted for liquidity).
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Indespension Ltd Overview
Indespension Ltd is a live company located in horwich, bolton, BL6 6HG with a Companies House number of 02125263. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in April 1987, it's largest shareholder is dra ltd with a 100% stake. Indespension Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £18.8m with healthy growth in recent years.
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Indespension Ltd Health Check
Pomanda's financial health check has awarded Indespension Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £18.8m, make it larger than the average company (£13.3m)
£18.8m - Indespension Ltd
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.8%)
11% - Indespension Ltd
5.8% - Industry AVG
Production
with a gross margin of 47.5%, this company has a lower cost of product (28.8%)
47.5% - Indespension Ltd
28.8% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.9%)
0.7% - Indespension Ltd
5.9% - Industry AVG
Employees
with 172 employees, this is above the industry average (79)
172 - Indespension Ltd
79 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£39.7k)
£33k - Indespension Ltd
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £109.3k, this is less efficient (£152.4k)
£109.3k - Indespension Ltd
£152.4k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (61 days)
25 days - Indespension Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (48 days)
132 days - Indespension Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 196 days, this is more than average (71 days)
196 days - Indespension Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Indespension Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a higher level of debt than the average (47.7%)
61.4% - Indespension Ltd
47.7% - Industry AVG
INDESPENSION LTD financials
Indespension Ltd's latest turnover from October 2023 is £18.8 million and the company has net assets of £4 million. According to their latest financial statements, Indespension Ltd has 172 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,803,000 | 20,509,000 | 18,252,000 | 13,620,000 | 20,301,000 | 15,724,000 | 16,977,000 | 15,792,000 | 16,281,000 | 15,466,000 | 15,483,000 | 17,528,000 | 16,649,000 | 15,060,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 9,874,000 | 11,114,000 | 9,486,000 | 7,596,000 | 11,117,000 | 8,409,000 | 9,086,000 | 7,990,000 | 8,613,000 | 8,146,000 | 7,497,000 | 9,382,000 | 8,447,000 | 7,618,000 |
| Gross Profit | 8,929,000 | 9,395,000 | 8,766,000 | 6,024,000 | 9,184,000 | 7,315,000 | 7,891,000 | 7,802,000 | 7,668,000 | 7,320,000 | 7,986,000 | 8,146,000 | 8,202,000 | 7,442,000 |
| Admin Expenses | 8,791,000 | 9,023,000 | 8,528,000 | 6,600,000 | 9,302,000 | 7,074,000 | 7,718,000 | 7,266,000 | 7,243,000 | 6,928,000 | 7,403,000 | 7,208,000 | 7,371,000 | 7,053,000 |
| Operating Profit | 138,000 | 372,000 | 238,000 | -576,000 | -118,000 | 241,000 | 173,000 | 536,000 | 425,000 | 392,000 | 583,000 | 938,000 | 831,000 | 389,000 |
| Interest Payable | 207,000 | 148,000 | 104,000 | 115,000 | 171,000 | 128,000 | 121,000 | 156,000 | 173,000 | 364,000 | 347,000 | 379,000 | 344,000 | 430,000 |
| Interest Receivable | 10,000 | 7,000 | 6,000 | 7,000 | 16,000 | 17,000 | 11,000 | 52,000 | 232,000 | 26,000 | 85,000 | 63,000 | 233,000 | |
| Pre-Tax Profit | -59,000 | 231,000 | 140,000 | -684,000 | -273,000 | 130,000 | 123,000 | 414,000 | 329,000 | 260,000 | 262,000 | -1,232,000 | 550,000 | 192,000 |
| Tax | 54,000 | 4,000 | 17,000 | -8,000 | 33,000 | 8,000 | -114,000 | 83,000 | 126,000 | -10,000 | -19,000 | 114,000 | -159,000 | 29,000 |
| Profit After Tax | -5,000 | 235,000 | 157,000 | -692,000 | -240,000 | 138,000 | 9,000 | 497,000 | 455,000 | 250,000 | 243,000 | -1,118,000 | 391,000 | 221,000 |
| Dividends Paid | 400,000 | 400,000 | ||||||||||||
| Retained Profit | -5,000 | 235,000 | 157,000 | -692,000 | -240,000 | 138,000 | 9,000 | 97,000 | 55,000 | 250,000 | 243,000 | -1,118,000 | 391,000 | 221,000 |
| Employee Costs | 5,670,000 | 5,365,000 | 5,301,000 | 4,237,000 | 5,764,000 | 3,984,000 | 4,362,000 | 3,995,000 | 3,819,000 | 3,425,000 | 3,653,000 | 3,831,000 | 3,719,000 | 3,674,000 |
| Number Of Employees | 172 | 176 | 188 | 177 | 171 | 178 | 186 | 171 | 169 | 175 | 217 | 217 | 192 | 196 |
| EBITDA* | 500,000 | 705,000 | 575,000 | -110,000 | 509,000 | 752,000 | 730,000 | 1,089,000 | 964,000 | 914,000 | 930,000 | 1,373,000 | 1,145,000 | 763,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,659,000 | 1,744,000 | 1,992,000 | 2,966,000 | 3,427,000 | 3,537,000 | 3,865,000 | 3,541,000 | 3,786,000 | 3,957,000 | 4,295,000 | 3,716,000 | 3,775,000 | 4,833,000 |
| Intangible Assets | 271,000 | 401,000 | 574,000 | 704,000 | 834,000 | 959,000 | 1,089,000 | 1,058,000 | 948,000 | |||||
| Investments & Other | 439,000 | 218,000 | 216,000 | 113,000 | 193,000 | 369,000 | 387,000 | 223,000 | 74,000 | 58,000 | 509,000 | 110,000 | ||
| Debtors (Due After 1 year) | 63,000 | 29,000 | ||||||||||||
| Total Fixed Assets | 2,098,000 | 1,962,000 | 2,208,000 | 3,350,000 | 4,021,000 | 4,480,000 | 4,956,000 | 4,661,000 | 4,774,000 | 5,120,000 | 5,411,000 | 4,664,000 | 4,284,000 | 4,943,000 |
| Stock & work in progress | 5,306,000 | 5,114,000 | 5,469,000 | 4,134,000 | 4,472,000 | 4,911,000 | 5,147,000 | 4,942,000 | 4,633,000 | 4,232,000 | 4,346,000 | 4,037,000 | 3,947,000 | 3,648,000 |
| Trade Debtors | 1,297,000 | 2,255,000 | 1,531,000 | 1,537,000 | 1,424,000 | 1,744,000 | 1,656,000 | 1,430,000 | 1,651,000 | 1,424,000 | 1,845,000 | 2,469,000 | 2,361,000 | 2,445,000 |
| Group Debtors | 995,000 | 843,000 | 752,000 | 510,000 | 828,000 | 831,000 | 1,345,000 | 580,000 | 890,000 | 713,000 | 294,000 | 153,000 | 1,203,000 | 554,000 |
| Misc Debtors | 535,000 | 469,000 | 355,000 | 589,000 | 498,000 | 643,000 | 697,000 | 609,000 | 645,000 | 592,000 | 627,000 | 940,000 | 804,000 | 920,000 |
| Cash | 11,000 | 6,000 | ||||||||||||
| misc current assets | 1,000 | 1,000 | ||||||||||||
| total current assets | 8,144,000 | 8,681,000 | 8,107,000 | 6,770,000 | 7,222,000 | 8,129,000 | 8,845,000 | 7,561,000 | 7,819,000 | 6,961,000 | 7,112,000 | 7,599,000 | 8,316,000 | 7,574,000 |
| total assets | 10,242,000 | 10,643,000 | 10,315,000 | 10,120,000 | 11,243,000 | 12,609,000 | 13,801,000 | 12,222,000 | 12,593,000 | 12,081,000 | 12,523,000 | 12,263,000 | 12,600,000 | 12,517,000 |
| Bank overdraft | 70,000 | 1,170,000 | 1,064,000 | 1,323,000 | 2,384,000 | 2,007,000 | 1,970,000 | 2,561,000 | 2,977,000 | 2,595,000 | 2,738,000 | 2,709,000 | 2,405,000 | |
| Bank loan | 1,501,000 | 221,000 | 227,000 | 120,000 | 2,610,000 | |||||||||
| Trade Creditors | 3,571,000 | 4,309,000 | 3,886,000 | 3,511,000 | 2,808,000 | 3,741,000 | 4,650,000 | 3,621,000 | 3,846,000 | 3,637,000 | 3,481,000 | 3,280,000 | 3,078,000 | 3,298,000 |
| Group/Directors Accounts | 405,000 | |||||||||||||
| other short term finances | 42,000 | 102,000 | ||||||||||||
| hp & lease commitments | 89,000 | 148,000 | 148,000 | 113,000 | 91,000 | 91,000 | 91,000 | 45,000 | 60,000 | 60,000 | 58,000 | 55,000 | 125,000 | |
| other current liabilities | 763,000 | 791,000 | 620,000 | 539,000 | 583,000 | 488,000 | 531,000 | 584,000 | 647,000 | 482,000 | 1,000,000 | 2,619,000 | 698,000 | 527,000 |
| total current liabilities | 5,994,000 | 6,418,000 | 6,123,000 | 5,486,000 | 5,866,000 | 6,548,000 | 7,511,000 | 6,988,000 | 7,515,000 | 6,774,000 | 7,279,000 | 8,666,000 | 6,236,000 | 6,560,000 |
| loans | 118,000 | 188,000 | 258,000 | 1,018,000 | 1,083,000 | 1,385,000 | 1,601,000 | 1,151,000 | 1,281,000 | 1,401,000 | 1,511,000 | 1,641,000 | 1,767,000 | 2,171,000 |
| hp & lease commitments | 175,000 | 265,000 | 412,000 | 322,000 | 272,000 | 393,000 | 484,000 | 44,000 | 104,000 | 182,000 | 229,000 | 277,000 | ||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 30,000 | 38,000 | 125,000 | |||||||||||
| total long term liabilities | 293,000 | 453,000 | 670,000 | 1,340,000 | 1,355,000 | 1,808,000 | 2,123,000 | 1,151,000 | 1,293,000 | 1,445,000 | 1,615,000 | 1,936,000 | 2,121,000 | 2,448,000 |
| total liabilities | 6,287,000 | 6,871,000 | 6,793,000 | 6,826,000 | 7,221,000 | 8,356,000 | 9,634,000 | 8,139,000 | 8,808,000 | 8,219,000 | 8,894,000 | 10,602,000 | 8,357,000 | 9,008,000 |
| net assets | 3,955,000 | 3,772,000 | 3,522,000 | 3,294,000 | 4,022,000 | 4,253,000 | 4,167,000 | 4,083,000 | 3,785,000 | 3,862,000 | 3,629,000 | 1,661,000 | 4,243,000 | 3,509,000 |
| total shareholders funds | 3,955,000 | 3,772,000 | 3,522,000 | 3,294,000 | 4,022,000 | 4,253,000 | 4,167,000 | 4,083,000 | 3,785,000 | 3,862,000 | 3,629,000 | 1,661,000 | 4,243,000 | 3,509,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 138,000 | 372,000 | 238,000 | -576,000 | -118,000 | 241,000 | 173,000 | 536,000 | 425,000 | 392,000 | 583,000 | 938,000 | 831,000 | 389,000 |
| Depreciation | 362,000 | 333,000 | 337,000 | 336,000 | 454,000 | 381,000 | 427,000 | 423,000 | 409,000 | 407,000 | 253,000 | 387,000 | 314,000 | 374,000 |
| Amortisation | 130,000 | 173,000 | 130,000 | 130,000 | 130,000 | 130,000 | 115,000 | 94,000 | 48,000 | |||||
| Tax | 54,000 | 4,000 | 17,000 | -8,000 | 33,000 | 8,000 | -114,000 | 83,000 | 126,000 | -10,000 | -19,000 | 114,000 | -159,000 | 29,000 |
| Stock | 192,000 | -355,000 | 1,335,000 | -338,000 | -439,000 | -236,000 | 205,000 | 309,000 | 401,000 | -114,000 | 309,000 | 90,000 | 299,000 | 3,648,000 |
| Debtors | -740,000 | 929,000 | 2,000 | -114,000 | -468,000 | -480,000 | 1,016,000 | -533,000 | 486,000 | -37,000 | -796,000 | -806,000 | 449,000 | 3,919,000 |
| Creditors | -738,000 | 423,000 | 375,000 | 703,000 | -933,000 | -909,000 | 1,029,000 | -225,000 | 209,000 | 156,000 | 201,000 | 202,000 | -220,000 | 3,298,000 |
| Accruals and Deferred Income | -28,000 | 171,000 | 81,000 | -44,000 | 95,000 | -43,000 | -53,000 | -63,000 | 165,000 | -518,000 | -1,619,000 | 1,921,000 | 171,000 | 527,000 |
| Deferred Taxes & Provisions | -30,000 | -8,000 | 38,000 | -125,000 | 125,000 | |||||||||
| Cash flow from operations | 336,000 | 729,000 | -289,000 | 993,000 | 581,000 | 516,000 | 409,000 | 1,108,000 | 577,000 | 693,000 | -20,000 | 4,201,000 | 314,000 | -2,950,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 221,000 | 2,000 | 103,000 | -80,000 | -176,000 | -18,000 | 164,000 | 223,000 | -74,000 | 16,000 | 58,000 | -509,000 | 399,000 | 110,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 1,501,000 | -221,000 | -6,000 | 107,000 | 120,000 | -2,610,000 | 2,610,000 | |||||||
| Group/Directors Accounts | -405,000 | 405,000 | ||||||||||||
| Other Short Term Loans | -42,000 | -60,000 | 102,000 | |||||||||||
| Long term loans | -70,000 | -70,000 | -760,000 | -65,000 | -302,000 | -216,000 | 450,000 | -130,000 | -120,000 | -110,000 | -130,000 | -126,000 | -404,000 | 2,171,000 |
| Hire Purchase and Lease Commitments | -149,000 | -147,000 | 125,000 | 72,000 | -121,000 | -91,000 | 575,000 | -45,000 | -59,000 | -60,000 | -76,000 | -44,000 | -118,000 | 402,000 |
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -197,000 | -141,000 | -98,000 | -108,000 | -155,000 | -111,000 | -110,000 | -156,000 | -121,000 | -132,000 | -321,000 | -294,000 | -281,000 | -197,000 |
| cash flow from financing | 1,273,000 | -748,000 | -257,000 | -137,000 | -790,000 | -518,000 | 1,037,000 | 92,000 | -432,000 | -319,000 | 1,198,000 | -1,928,000 | -3,070,000 | 8,274,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 11,000 | -6,000 | 6,000 | |||||||||||
| overdraft | -1,100,000 | 106,000 | -259,000 | -1,061,000 | 377,000 | 37,000 | -591,000 | -416,000 | 382,000 | -143,000 | 29,000 | 304,000 | 2,405,000 | |
| change in cash | 1,111,000 | -106,000 | 259,000 | 1,061,000 | -377,000 | -37,000 | 591,000 | 416,000 | -382,000 | 143,000 | -29,000 | -304,000 | -2,411,000 | 6,000 |
indespension ltd Credit Report and Business Information
Indespension Ltd Competitor Analysis
Perform a competitor analysis for indespension ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BL6 area or any other competitors across 12 key performance metrics.
indespension ltd Ownership
INDESPENSION LTD group structure
Indespension Ltd has no subsidiary companies.
indespension ltd directors
Indespension Ltd currently has 6 directors. The longest serving directors include Rosalynde Graham (Aug 1996) and Mr Steven Sadler (Oct 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Rosalynde Graham | 55 years | Aug 1996 | - | Director | |
| Mr Steven Sadler | England | 57 years | Oct 2007 | - | Director |
| Mr Douglas Graham | 79 years | Mar 2009 | - | Director | |
| Mr Paul Bonar | England | 54 years | Apr 2015 | - | Director |
| Mr David Grimshaw | 58 years | Oct 2021 | - | Director | |
| Mr Peter Bullock | 41 years | Oct 2024 | - | Director |
P&L
October 2023turnover
18.8m
-8%
operating profit
138k
-63%
gross margin
47.5%
+3.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4m
+0.05%
total assets
10.2m
-0.04%
cash
11k
0%
net assets
Total assets minus all liabilities
indespension ltd company details
company number
02125263
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
April 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
October 2023
previous names
d.r.a. ltd. (August 1996)
reverseclam limited (December 1987)
accountant
-
auditor
MHA
address
paragon business park, chorley new road, horwich, bolton, BL6 6HG
Bank
-
Legal Advisor
-
indespension ltd 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 10 charges/mortgages relating to indespension ltd. Currently there are 4 open charges and 6 have been satisfied in the past.
indespension ltd 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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indespension ltd Companies House Filings - See Documents
| date | description | view/download |
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