the international optical technologies association (iota) limited

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the international optical technologies association (iota) limited Company Information

Share THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED

Company Number

02904113

Directors

Robert Levy

Paul Dunn

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Shareholders

-

Group Structure

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Industry

Activities of professional membership organisations

 

Registered Address

2.4 the beacon, beaufront park anick road, hexham, NE46 4TU

Website

ihma.org

the international optical technologies association (iota) limited Estimated Valuation

£36.2k

Pomanda estimates the enterprise value of THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED at £36.2k based on a Turnover of £79.1k and 0.46x industry multiple (adjusted for size and gross margin).

the international optical technologies association (iota) limited Estimated Valuation

£43.2k

Pomanda estimates the enterprise value of THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED at £43.2k based on an EBITDA of £17.7k and a 2.44x industry multiple (adjusted for size and gross margin).

the international optical technologies association (iota) limited Estimated Valuation

£246.9k

Pomanda estimates the enterprise value of THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED at £246.9k based on Net Assets of £101.2k and 2.44x industry multiple (adjusted for liquidity).

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The International Optical Technologies Association (iota) Limited Overview

The International Optical Technologies Association (iota) Limited is a live company located in hexham, NE46 4TU with a Companies House number of 02904113. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in March 1994, it's largest shareholder is unknown. The International Optical Technologies Association (iota) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £79.1k with declining growth in recent years.

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The International Optical Technologies Association (iota) Limited Health Check

Pomanda's financial health check has awarded The International Optical Technologies Association (Iota) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £79.1k, make it smaller than the average company (£874.1k)

£79.1k - The International Optical Technologies Association (iota) Limited

£874.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -63%, show it is growing at a slower rate (4.8%)

-63% - The International Optical Technologies Association (iota) Limited

4.8% - Industry AVG

production

Production

with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)

69.5% - The International Optical Technologies Association (iota) Limited

69.5% - Industry AVG

profitability

Profitability

an operating margin of 22.4% make it more profitable than the average company (2.2%)

22.4% - The International Optical Technologies Association (iota) Limited

2.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - The International Optical Technologies Association (iota) Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)

£47.7k - The International Optical Technologies Association (iota) Limited

£47.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £79.1k, this is less efficient (£111.9k)

£79.1k - The International Optical Technologies Association (iota) Limited

£111.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (22 days)

28 days - The International Optical Technologies Association (iota) Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (30 days)

24 days - The International Optical Technologies Association (iota) Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The International Optical Technologies Association (iota) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 101 weeks, this is average cash available to meet short term requirements (101 weeks)

101 weeks - The International Optical Technologies Association (iota) Limited

101 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.5%, this is a higher level of debt than the average (26.4%)

48.5% - The International Optical Technologies Association (iota) Limited

26.4% - Industry AVG

THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED financials

EXPORTms excel logo

The International Optical Technologies Association (Iota) Limited's latest turnover from December 2023 is estimated at £79.1 thousand and the company has net assets of £101.2 thousand. According to their latest financial statements, we estimate that The International Optical Technologies Association (Iota) Limited has 1 employee and maintains cash reserves of £186 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover79,0662,490,0492,667,8291,600,1422,041,5931,837,2202,332,3332,445,7192,039,5342,230,2662,437,0332,342,2012,709,1903,349,982
Other Income Or Grants
Cost Of Sales24,087652,007676,065473,531658,690602,766751,845764,516692,441932,4301,092,927870,3331,047,5511,364,059
Gross Profit54,9781,838,0421,991,7641,126,6111,382,9031,234,4541,580,4881,681,2031,347,0921,297,8361,344,1061,471,8691,661,6391,985,923
Admin Expenses37,2741,845,6661,995,6451,129,2731,363,2251,220,1951,544,7521,651,9161,384,1151,325,5271,323,0891,457,6661,664,1552,008,940-96,980
Operating Profit17,704-7,624-3,881-2,66219,67814,25935,73629,287-37,023-27,69121,01714,203-2,516-23,01796,980
Interest Payable1222176
Interest Receivable8,6954,3983231481,129995457164305426489378257317212
Pre-Tax Profit26,399-3,226-3,558-2,51420,80715,24236,17029,435-36,725-27,26521,50514,582-2,259-22,70097,192
Tax-6,600-3,953-2,896-6,872-5,887-4,946-3,500-27,214
Profit After Tax19,799-3,226-3,558-2,51416,85412,34629,29823,548-36,725-27,26516,55911,082-2,259-22,70069,978
Dividends Paid
Retained Profit19,799-3,226-3,558-2,51416,85412,34629,29823,548-36,725-27,26516,55911,082-2,259-22,70069,978
Employee Costs47,6761,130,1901,305,008704,203821,162734,829901,360980,568698,472780,167835,548872,366932,5501,189,808
Number Of Employees125301720182224182021232532
EBITDA*17,704-7,624-3,881-2,66219,67814,25935,73629,287-37,023-26,88221,21314,203-2,516-23,01796,980

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets809
Intangible Assets
Investments & Other
Debtors (Due After 1 year)1,046
Total Fixed Assets1,046809
Stock & work in progress
Trade Debtors6,090180,945193,950119,508155,113139,202174,595179,620161,285163,379162,350160,488164,261207,791193,830
Group Debtors
Misc Debtors4,47024,4493,2689,5944,8021,9193,4646,446
Cash185,986145,243106,077152,174143,509157,654107,59275,20856,33965,541104,75390,71460,52542,27984,664
misc current assets
total current assets196,546350,637303,295281,276303,424298,775285,651254,828224,070228,920267,103251,202224,786250,070278,494
total assets196,546350,637303,295281,276303,424299,821285,651254,828224,070228,920267,912251,202224,786250,070278,494
Bank overdraft
Bank loan
Trade Creditors 1,58430,6253,0005,2349,1197,6836,9203,63629,058183,525195,252195,101179,767202,792208,516
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities93,745238,594215,651187,840203,589218,276216,871218,630186,148
total current liabilities95,329269,219218,651193,074212,708225,959223,791222,266215,206183,525195,252195,101179,767202,792208,516
loans344344194
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities344344194
total liabilities95,329269,219218,651193,074212,708225,959224,135222,610215,400183,525195,252195,101179,767202,792208,516
net assets101,21781,41884,64488,20290,71673,86261,51632,2188,67045,39572,66056,10145,01947,27869,978
total shareholders funds101,21781,41884,64488,20290,71673,86261,51632,2188,67045,39572,66056,10145,01947,27869,978
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit17,704-7,624-3,881-2,66219,67814,25935,73629,287-37,023-27,69121,01714,203-2,516-23,01796,980
Depreciation809196
Amortisation
Tax-6,600-3,953-2,896-6,872-5,887-4,946-3,500-27,214
Stock
Debtors-194,8348,17668,116-30,81317,748-35,892-1,56111,8894,3521,0291,862-3,773-43,53013,961193,830
Creditors-29,04127,625-2,234-3,8851,4367633,284-25,422-154,467-11,72715115,334-23,025-5,724208,516
Accruals and Deferred Income-144,84922,94327,811-15,749-14,6871,405-1,75932,482186,148
Deferred Taxes & Provisions
Cash flow from operations32,04834,768-46,4208,517-15,27449,42331,95018,571-9,694-39,63814,55629,81017,989-42,70284,452
Investing Activities
capital expenditure-1,005
Change in Investments
cash flow from investments-1,005
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-344150194
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest8,6954,3983231481,129983435147299426489378257317212
cash flow from financing8,6954,3983231481,129639435297493426489378257317212
cash and cash equivalents
cash40,74339,166-46,0978,665-14,14550,06232,38418,869-9,202-39,21214,03930,18918,246-42,38584,664
overdraft
change in cash40,74339,166-46,0978,665-14,14550,06232,38418,869-9,202-39,21214,03930,18918,246-42,38584,664

the international optical technologies association (iota) 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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The International Optical Technologies Association (iota) Limited Competitor Analysis

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Perform a competitor analysis for the international optical technologies association (iota) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NE46 area or any other competitors across 12 key performance metrics.

the international optical technologies association (iota) limited Ownership

THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED group structure

The International Optical Technologies Association (Iota) Limited has no subsidiary companies.

Ultimate parent company

THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED

02904113

THE INTERNATIONAL OPTICAL TECHNOLOGIES ASSOCIATION (IOTA) LIMITED Shareholders

--

the international optical technologies association (iota) limited directors

The International Optical Technologies Association (Iota) Limited currently has 8 directors. The longest serving directors include Mr Robert Levy (Nov 2008) and Mr Paul Dunn (Nov 2018).

officercountryagestartendrole
Mr Robert Levy68 years Nov 2008- Director
Mr Paul DunnEngland73 years Nov 2018- Director
Dr Mark DeakesUnited Kingdom54 years Mar 2022- Director
Ondrej FedorcakUnited Kingdom36 years Oct 2022- Director
Mr Donald HavourdEngland37 years Apr 2023- Director
Mr James KellerUnited Kingdom58 years Mar 2024- Director
Mr Sebastian AmezquitaUnited Kingdom31 years Mar 2024- Director
Mr Alexandre NoizetUnited Kingdom44 years May 2024- Director

P&L

December 2023

turnover

79.1k

-97%

operating profit

17.7k

0%

gross margin

69.6%

-5.8%

turnover

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

Balance Sheet

December 2023

net assets

101.2k

+0.24%

total assets

196.5k

-0.44%

cash

186k

+0.28%

net assets

Total assets minus all liabilities

the international optical technologies association (iota) limited company details

company number

02904113

Type

Private Ltd By Guarantee w/o Share Cap

industry

94120 - Activities of professional membership organisations

incorporation date

March 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

international hologram manufacturers association (December 2024)

accountant

DURRANTS CALLEVA

auditor

-

address

2.4 the beacon, beaufront park anick road, hexham, NE46 4TU

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

the international optical technologies association (iota) 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 did not find charges/mortgages relating to the international optical technologies association (iota) limited.

the international optical technologies association (iota) 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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the international optical technologies association (iota) limited Companies House Filings - See Documents

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