ignifi limited

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ignifi limited Company Information

Share IGNIFI LIMITED

Company Number

02128733

Shareholders

selbey anderson limited

Group Structure

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Industry

Advertising agencies

 

Registered Address

87 turnmill street, london, EC1M 5QU

ignifi limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of IGNIFI LIMITED at £1.9m based on a Turnover of £4.2m and 0.44x industry multiple (adjusted for size and gross margin).

ignifi limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IGNIFI LIMITED at £0 based on an EBITDA of £-1.6m and a 3.03x industry multiple (adjusted for size and gross margin).

ignifi limited Estimated Valuation

£657.7k

Pomanda estimates the enterprise value of IGNIFI LIMITED at £657.7k based on Net Assets of £395k and 1.67x industry multiple (adjusted for liquidity).

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Ignifi Limited Overview

Ignifi Limited is a live company located in london, EC1M 5QU with a Companies House number of 02128733. It operates in the advertising agencies sector, SIC Code 73110. Founded in May 1987, it's largest shareholder is selbey anderson limited with a 100% stake. Ignifi Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with healthy growth in recent years.

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Ignifi Limited Health Check

Pomanda's financial health check has awarded Ignifi Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

0 Strong

positive_score

5 Regular

positive_score

6 Weak

size

Size

annual sales of £4.2m, make it smaller than the average company (£10.2m)

£4.2m - Ignifi Limited

£10.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.6%)

5% - Ignifi Limited

6.6% - Industry AVG

production

Production

with a gross margin of 43.2%, this company has a comparable cost of product (43.2%)

43.2% - Ignifi Limited

43.2% - Industry AVG

profitability

Profitability

an operating margin of -36.9% make it less profitable than the average company (5.2%)

-36.9% - Ignifi Limited

5.2% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (45)

23 - Ignifi Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.4k, the company has an equivalent pay structure (£66.4k)

£66.4k - Ignifi Limited

£66.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.8k, this is equally as efficient (£186k)

£184.8k - Ignifi Limited

£186k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (60 days)

79 days - Ignifi Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (43 days)

14 days - Ignifi Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ignifi Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)

6 weeks - Ignifi Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68%, this is a similar level of debt than the average (68.5%)

68% - Ignifi Limited

68.5% - Industry AVG

IGNIFI LIMITED financials

EXPORTms excel logo

Ignifi Limited's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £395 thousand. According to their latest financial statements, Ignifi Limited has 23 employees and maintains cash reserves of £99.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover4,249,3053,066,1943,407,7663,629,3502,264,3482,059,7532,332,5932,380,1842,495,0211,614,7233,375,0853,375,0854,443,0086,026,1957,147,494
Other Income Or Grants
Cost Of Sales2,413,3011,683,4231,758,5812,006,3791,253,6481,129,7841,291,7461,249,4941,311,253903,9221,922,9821,922,9822,680,2083,680,3244,338,213
Gross Profit1,836,0041,382,7711,649,1851,622,9711,010,700929,9701,040,8471,130,6901,183,768710,8011,452,1031,452,1031,762,8002,345,8712,809,281
Admin Expenses3,404,040847,869899,8421,170,435689,785946,369762,802760,2291,143,960644,5091,516,7621,516,7621,963,3192,106,7611,904,620
Operating Profit-1,568,036534,902749,343452,536320,915-16,399278,045370,46139,80866,292-64,659-64,659-200,519239,110904,661
Interest Payable2,0765,08414,67517,37712,95629,97429,97424,91228,77212,938
Interest Receivable6,68910,9821,9278653,0391,3018762181254231731718107
Pre-Tax Profit-1,561,347545,884751,270453,401323,954-17,175273,838356,00422,55653,378-905,078-905,078-225,431210,356891,830
Tax-103,718-142,741-86,146-61,551-52,029-71,201-4,5114,05226,78226,78234,416-46,1501,172
Profit After Tax-1,561,347442,166608,529367,255262,403-17,175221,809284,80318,04557,430-878,296-878,296-191,015164,206893,002
Dividends Paid94,82094,820228,000240,000170,000
Retained Profit-1,561,347442,166608,529367,255262,403-17,175221,809284,80318,04557,430-973,116-973,116-419,015-75,794723,002
Employee Costs1,527,6061,754,9871,658,1891,351,4291,191,7221,167,6601,378,8491,173,415825,318314,6521,005,4251,005,4251,752,4342,281,3342,576,741
Number Of Employees232726222020242115102021627586
EBITDA*-1,559,445548,327772,165483,169354,65917,192311,755383,56272,38287,33254936,314-84,475366,7771,044,876

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets10,14215,40614,98427,96844,77466,01097,188109,96812,04830,94551,98551,9852,057,5012,023,3612,218,881
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,14215,40614,98427,96844,77466,01097,188109,96812,04830,94551,98551,9852,057,5012,023,3612,218,881
Stock & work in progress47,46534,16530,31118,53447,04450,98247,40270,10370,10387,399144,359138,012
Trade Debtors924,691491,397694,524866,960395,240327,570378,910420,974570,254564,823787,704787,704802,4511,500,9471,663,126
Group Debtors183,2001,745,6861,306,57319,20619,20619,20619,206
Misc Debtors18,77627,31124,18211,97810,1141,58418,11815,85874,20164,025109,339109,339143,02191,822115,094
Cash99,153155,674471,8691,069,985660,884149,626197,237153,35320,82129,21519,31419,314431955586
misc current assets14,59814,60614,606
total current assets1,225,8202,420,0682,497,1481,996,3881,100,403509,091612,799637,229735,464720,0631,001,0661,001,0661,052,5081,757,2891,936,024
total assets1,235,9622,435,4742,512,1322,024,3561,145,177575,101709,987747,197747,512751,0081,053,0511,053,0513,110,0093,780,6504,154,905
Bank overdraft61,518374,685159,987237,558237,558590,606
Bank loan549,440387,857
Trade Creditors 94,82078,68356,869153,695136,188127,70289,358150,480263,371345,177523,415523,415603,091835,467993,069
Group/Directors Accounts7,39674,83574,835
other short term finances
hp & lease commitments28,62646,83046,83035,10147,25223,908
other current liabilities733,393395,091935,729959,656462,046158,824247,437309,470171,666153,956173,418173,418449,590507,795433,627
total current liabilities835,609473,774992,5981,113,351598,234286,526398,313459,950809,722687,746981,221981,2211,637,2221,853,2062,116,045
loans94,903589,400688,800764,693
hp & lease commitments92,30226,421
Accruals and Deferred Income
other liabilities119,751150,000290,004351,942351,942
provisions5,3145,3145,3145,3148,50712,54218,4661,1941,1944,7078,7678,76735,93338,05624,206
total long term liabilities5,3145,3145,3145,3148,50712,54218,466215,848151,194294,711360,709360,709717,635753,277788,899
total liabilities840,923479,088997,9121,118,665606,741299,068416,779675,798960,916982,4571,341,9301,341,9302,354,8572,606,4832,904,944
net assets395,0391,956,3861,514,220905,691538,436276,033293,20871,399-213,404-231,449-288,879-288,879755,1521,174,1671,249,961
total shareholders funds395,0391,956,3861,514,220905,691538,436276,033293,20871,399-213,404-231,449-288,879-288,879755,1521,174,1671,249,961
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-1,568,036534,902749,343452,536320,915-16,399278,045370,46139,80866,292-64,659-64,659-200,519239,110904,661
Depreciation8,59113,42522,82230,63333,74433,59133,71013,10132,57421,04065,208100,973116,044127,667140,215
Amortisation
Tax-103,718-142,741-86,146-61,551-52,029-71,201-4,5114,05226,78226,78234,416-46,1501,172
Stock-47,46513,3003,85411,777-28,510-3,9383,580-22,701-17,296-56,9606,347138,012
Debtors-1,137,727239,1151,146,341473,58476,200-67,874-39,804-226,82934,813-268,195-67,635-647,297-185,4511,797,426
Creditors16,13721,814-96,82617,5078,48638,344-61,122-112,891-81,806-178,238-79,676-232,376-157,602993,069
Accruals and Deferred Income338,302-540,638-23,927497,610303,222-88,613-62,033137,80417,710-19,462-276,172-58,20574,168433,627
Deferred Taxes & Provisions-3,193-4,035-5,92417,272-3,513-4,060-27,166-2,12313,85024,206
Cash flow from operations-67,279-313,330-590,205422,063520,72717,096222,157568,041-38,131180,52027,331-234,987361,494430,147561,512
Investing Activities
capital expenditure-3,327-13,847-9,838-13,827-12,508-2,413-20,930-111,021-13,677-65,2081,904,543-150,184319,507-76,077
Change in Investments
cash flow from investments-3,327-13,847-9,838-13,827-12,508-2,413-20,930-111,021-13,677-65,2081,904,543-150,184319,507-76,077
Financing Activities
Bank loans-549,440161,583387,857
Group/Directors Accounts7,396-74,83574,835
Other Short Term Loans
Long term loans-94,90394,903-589,400-99,400-75,893764,693
Hire Purchase and Lease Commitments-28,626-18,204-80,57353,73049,76523,908
other long term liabilities-119,751-30,249-140,004-61,938351,942
share issue973,116-70,915526,959
interest6,68910,9821,9278653,039-775-4,208-14,457-17,252-12,914-29,657-29,657-24,912-28,754-12,831
cash flow from financing14,08510,9821,9278653,039-775-218,86250,197-185,882-93,056943,459-968,04316,166332,9751,377,564
cash and cash equivalents
cash-56,521-316,195-598,116409,101511,258-47,61143,884132,532-8,3949,90118,883-524369586
overdraft-61,51861,518-374,685214,698-77,571237,558-590,606590,606
change in cash-56,521-316,195-598,116409,101511,25813,907-17,634507,217-223,09287,472-218,675-524590,975-590,020

ignifi limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ignifi Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ignifi limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC1M area or any other competitors across 12 key performance metrics.

ignifi limited Ownership

IGNIFI LIMITED group structure

Ignifi Limited has no subsidiary companies.

Ultimate parent company

CELOX PANDION LTD

#0106530

2 parents

IGNIFI LIMITED

02128733

IGNIFI LIMITED Shareholders

selbey anderson limited 100%

ignifi limited directors

Ignifi Limited currently has 2 directors. The longest serving directors include Mr Matthew Carlton-Parada (Mar 2021) and Mr Dominic Hawes-Fairley (Dec 2022).

officercountryagestartendrole
Mr Matthew Carlton-ParadaEngland39 years Mar 2021- Director
Mr Dominic Hawes-FairleyEngland57 years Dec 2022- Director

P&L

December 2023

turnover

4.2m

+39%

operating profit

-1.6m

0%

gross margin

43.3%

-4.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

395k

-0.8%

total assets

1.2m

-0.49%

cash

99.2k

-0.36%

net assets

Total assets minus all liabilities

ignifi limited company details

company number

02128733

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

incorporation date

May 1987

age

38

incorporated

UK

ultimate parent company

CELOX PANDION LTD

accounts

Small Company

last accounts submitted

December 2023

previous names

nb group limited (February 2015)

nb print limited (November 1997)

See more

accountant

BLICK ROTHENBERG AUDIT LLP

auditor

-

address

87 turnmill street, london, EC1M 5QU

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

ignifi 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 17 charges/mortgages relating to ignifi limited. Currently there are 5 open charges and 12 have been satisfied in the past.

ignifi 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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ignifi limited Companies House Filings - See Documents

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