Pomanda estimates the enterprise value of THINK IDEA LIMITED at £2.7m based on a Turnover of £5.9m and 0.46x industry multiple (adjusted for size and gross margin).
think idea limitedEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of THINK IDEA LIMITED at £3.4m based on an EBITDA of £942.4k and a 3.65x industry multiple (adjusted for size and gross margin).
think idea limitedEstimated Valuation
£9.6m
Pomanda estimates the enterprise value of THINK IDEA LIMITED at £9.6m based on Net Assets of £5.1m and 1.89x industry multiple (adjusted for liquidity).
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Think Idea LimitedOverview
Think Idea Limited is a live company located in ardleigh, CO7 7WX with a Companies House number of 02785280. It operates in the other engineering activities sector, SIC Code 71129. Founded in February 1993, it's largest shareholder is
william john dunne
with a 10.8% stake. Think Idea Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Think Idea 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 £5.9m, make it larger than the average company (£1.7m)
£5.9m - Think Idea Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.1%)
23% - Think Idea Limited
8.1% - Industry AVG
Production
with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)
40.2% - Think Idea Limited
40.2% - Industry AVG
Profitability
an operating margin of 15.7% make it more profitable than the average company (7%)
15.7% - Think Idea Limited
7% - Industry AVG
Employees
with 39 employees, this is above the industry average (13)
39 - Think Idea Limited
13 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
£40.4k - Think Idea Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £150.4k, this is more efficient (£113.8k)
£150.4k - Think Idea Limited
£113.8k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (68 days)
118 days - Think Idea Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
6 days - Think Idea Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Think Idea Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 274 weeks, this is more cash available to meet short term requirements (23 weeks)
274 weeks - Think Idea Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.7%, this is a lower level of debt than the average (56.1%)
11.7% - Think Idea Limited
56.1% - Industry AVG
THINK IDEA LIMITED financials
EXPORT
Think Idea Limited's latest turnover from November 2023 is estimated at £5.9 million and the company has net assets of £5.1 million. According to their latest financial statements, Think Idea Limited has 39 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
5,863,920
4,155,573
3,401,784
3,133,721
3,334,773
3,929,729
3,164,943
3,585,853
2,680,140
2,423,407
2,607,600
2,107,507
1,300,489
1,104,012
Other Income Or Grants
Cost Of Sales
3,505,669
2,340,110
1,852,481
1,761,635
1,837,412
2,142,599
1,661,095
1,867,689
1,412,594
1,218,025
1,270,525
1,111,533
676,046
550,275
Gross Profit
2,358,251
1,815,463
1,549,303
1,372,087
1,497,361
1,787,130
1,503,848
1,718,165
1,267,546
1,205,382
1,337,075
995,974
624,443
553,737
Admin Expenses
1,440,543
1,374,728
1,441,724
1,110,376
1,037,256
1,247,754
957,742
1,119,805
1,101,596
605,890
931,507
639,683
464,594
450,818
-506,951
Operating Profit
917,708
440,735
107,579
261,711
460,105
539,376
546,106
598,360
165,950
599,492
405,568
356,291
159,849
102,919
506,951
Interest Payable
Interest Receivable
163,498
86,966
2,906
2,865
18,929
16,213
9,070
3,624
6,614
5,424
3,309
1,904
1,103
576
171
Pre-Tax Profit
1,081,205
527,701
110,485
264,577
479,033
555,589
555,177
601,984
172,564
604,916
408,878
358,195
160,951
103,496
507,122
Tax
-270,301
-100,263
-20,992
-50,270
-91,016
-105,562
-105,484
-120,397
-34,513
-127,032
-94,042
-85,967
-41,847
-28,979
-141,994
Profit After Tax
810,904
427,438
89,493
214,307
388,017
450,027
449,693
481,587
138,051
477,884
314,836
272,228
119,104
74,517
365,128
Dividends Paid
Retained Profit
810,904
427,438
89,493
214,307
388,017
450,027
449,693
481,587
138,051
477,884
314,836
272,228
119,104
74,517
365,128
Employee Costs
1,574,678
1,568,261
1,520,604
1,347,410
1,441,687
1,564,945
1,338,896
1,185,992
1,010,010
871,917
942,319
751,428
454,167
408,081
Number Of Employees
39
40
37
37
35
35
32
28
23
20
23
19
12
12
EBITDA*
942,379
465,223
134,447
309,367
514,789
571,755
578,181
626,588
196,853
626,914
435,912
385,417
176,485
121,326
532,236
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
93,321
63,541
124,584
139,551
95,801
93,717
96,223
84,683
92,708
82,345
91,033
60,271
49,705
55,020
75,650
Intangible Assets
Investments & Other
5,171
5,171
5,105
3,501
1,514
Debtors (Due After 1 year)
Total Fixed Assets
98,492
68,712
129,689
143,052
97,315
93,717
96,223
84,683
92,708
82,345
91,033
60,271
49,705
55,020
75,650
Stock & work in progress
20,000
20,000
20,100
17,975
20,000
20,000
30,260
Trade Debtors
1,898,530
1,192,262
1,027,537
837,651
992,375
1,126,880
866,884
866,265
592,959
519,049
564,871
457,360
309,590
276,419
260,793
Group Debtors
Misc Debtors
468,971
433,513
68,532
72,594
66,042
58,557
60,293
43,332
Cash
3,283,074
2,945,415
2,852,333
2,960,026
2,770,201
2,277,399
2,046,061
1,582,075
1,316,958
1,328,642
841,133
482,640
278,819
162,203
68,352
misc current assets
14,564
15,474
12,283
21,856
23,314
13,882
21,476
total current assets
5,650,575
4,571,190
3,948,402
3,870,271
3,828,618
3,462,836
2,973,238
2,491,672
1,944,481
1,883,165
1,438,387
979,831
631,723
472,504
380,881
total assets
5,749,067
4,639,902
4,078,091
4,013,323
3,925,933
3,556,553
3,069,461
2,576,355
2,037,189
1,965,510
1,529,420
1,040,102
681,428
527,524
456,531
Bank overdraft
Bank loan
Trade Creditors
57,815
41,765
22,050
21,793
32,682
34,006
33,402
24,592
226,551
315,658
347,024
191,556
115,946
83,733
86,310
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
564,062
307,909
204,665
209,065
314,846
343,198
292,345
268,486
total current liabilities
621,877
349,674
226,715
230,858
347,528
377,204
325,747
293,078
226,551
315,658
347,024
191,556
115,946
83,733
86,310
loans
hp & lease commitments
Accruals and Deferred Income
1,170
839
4,000
4,000
4,392
other liabilities
48,712
23,842
12,428
33,010
43,638
32,483
45,893
36,853
45,095
20,023
32,430
14,897
provisions
468
1,450
325
2,965
2,150
1,181
1,242
555
total long term liabilities
48,712
23,842
12,428
33,010
43,638
32,951
47,343
37,178
46,265
23,827
34,580
16,078
5,242
4,000
4,947
total liabilities
670,589
373,516
239,143
263,868
391,166
410,155
373,090
330,256
272,816
339,485
381,604
207,634
121,188
87,733
91,257
net assets
5,078,478
4,266,386
3,838,948
3,749,455
3,534,767
3,146,398
2,696,371
2,246,099
1,764,373
1,626,025
1,147,816
832,468
560,240
439,791
365,274
total shareholders funds
5,078,478
4,266,386
3,838,948
3,749,455
3,534,767
3,146,398
2,696,371
2,246,099
1,764,373
1,626,025
1,147,816
832,468
560,240
439,791
365,274
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
917,708
440,735
107,579
261,711
460,105
539,376
546,106
598,360
165,950
599,492
405,568
356,291
159,849
102,919
506,951
Depreciation
24,671
24,488
26,868
47,656
54,684
32,379
32,075
28,228
30,903
27,422
30,344
29,126
16,636
18,407
25,285
Amortisation
Tax
-270,301
-100,263
-20,992
-50,270
-91,016
-105,562
-105,484
-120,397
-34,513
-127,032
-94,042
-85,967
-41,847
-28,979
-141,994
Stock
-20,000
-100
2,125
-2,025
-10,260
30,260
Debtors
741,726
529,706
185,824
-148,172
-127,020
258,260
17,580
316,638
73,910
-45,822
107,511
147,770
33,171
15,626
260,793
Creditors
16,050
19,715
257
-10,889
-1,324
604
8,810
-201,959
-89,107
-31,366
155,468
75,610
32,213
-2,577
86,310
Accruals and Deferred Income
256,153
103,244
-4,400
-105,781
-28,352
50,853
23,859
267,316
331
839
-4,000
-392
4,392
Deferred Taxes & Provisions
-468
-982
1,125
325
-2,965
815
969
-61
1,242
-555
555
Cash flow from operations
202,555
-41,787
-76,512
290,599
520,649
258,408
488,911
275,235
-3,311
516,092
388,671
225,254
134,922
83,457
190,446
Investing Activities
capital expenditure
-54,451
36,555
-11,901
-91,406
-56,768
-29,873
-43,615
-20,203
-41,266
-18,734
-61,106
-39,692
-11,321
2,223
-100,935
Change in Investments
66
1,604
1,987
1,514
cash flow from investments
-54,451
36,489
-13,505
-93,393
-58,282
-29,873
-43,615
-20,203
-41,266
-18,734
-61,106
-39,692
-11,321
2,223
-100,935
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
24,870
11,414
-20,582
-10,628
11,155
-13,410
9,040
-8,242
25,072
-12,407
17,533
14,897
share issue
1,188
381
352
579
139
297
325
512
1,345
146
interest
163,498
86,966
2,906
2,865
18,929
16,213
9,070
3,624
6,614
5,424
3,309
1,904
1,103
576
171
cash flow from financing
189,556
98,380
-17,676
-7,382
30,436
2,803
18,689
-4,479
31,983
-6,658
21,354
16,801
2,448
576
317
cash and cash equivalents
cash
337,659
93,082
-107,693
189,825
492,802
231,338
463,986
265,117
-11,684
487,509
358,493
203,821
116,616
93,851
68,352
overdraft
change in cash
337,659
93,082
-107,693
189,825
492,802
231,338
463,986
265,117
-11,684
487,509
358,493
203,821
116,616
93,851
68,352
think idea 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 think idea limited. Get real-time insights into think idea limited's credit score, group structure and payment trends.
Perform a competitor analysis for think idea limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in CO7 area or any other competitors across 12 key performance metrics.
think idea limited Ownership
THINK IDEA LIMITED group structure
Think Idea Limited has no subsidiary companies.
Ultimate parent company
THINK IDEA LIMITED
02785280
THINK IDEA LIMITED Shareholders
The largest shareholders in Think Idea Limited include William John Dunne and Christine Linda Dunne.
william john dunne
10.75%
christine linda dunne
9.51%
mr pascoe needle
6.97%
mrs sylvia grove
6.4%
mr adrian clews
5.25%
mr nick cooper
4.68%
mr robin clarke
4.68%
mr kevin hercock
4.39%
mrs hayley hall
4.11%
chris ager
4.11%
think idea limited directors
Think Idea Limited currently has 4 directors.
The longest serving directors include
Mr Pascoe Needle (Jan 2006) and
Mr Christopher Ager (Aug 2011).
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
February 1993
age
32
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
idea architects and design consultants limited (July 2008)
idea design consultants ltd (August 1998)
accountant
-
auditor
-
address
38 mayfly way, evolve, ardleigh, essex, CO7 7WX
Bank
-
Legal Advisor
-
think idea 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 1 charges/mortgages relating to think idea limited. Currently there are 1 open charges and 0 have been satisfied in the past.
think idea 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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think idea limitedCompanies House Filings - See Documents
