i2lresearch ltd Company Information
Company Number
02926939
Next Accounts
Sep 2025
Shareholders
cawood scientific limited
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
coopers bridge braziers lane, winkfield, berkshire, RG42 6NS
Website
www.i2lresearch.comi2lresearch ltd Estimated Valuation
Pomanda estimates the enterprise value of I2LRESEARCH LTD at £664.3k based on a Turnover of £925.1k and 0.72x industry multiple (adjusted for size and gross margin).
i2lresearch ltd Estimated Valuation
Pomanda estimates the enterprise value of I2LRESEARCH LTD at £0 based on an EBITDA of £-5.3k and a 4.73x industry multiple (adjusted for size and gross margin).
i2lresearch ltd Estimated Valuation
Pomanda estimates the enterprise value of I2LRESEARCH LTD at £4.8m based on Net Assets of £2.5m and 1.96x industry multiple (adjusted for liquidity).
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I2lresearch Ltd Overview
I2lresearch Ltd is a live company located in berkshire, RG42 6NS with a Companies House number of 02926939. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 1994, it's largest shareholder is cawood scientific limited with a 100% stake. I2lresearch Ltd is a mature, small sized company, Pomanda has estimated its turnover at £925.1k with healthy growth in recent years.
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I2lresearch Ltd Health Check
Pomanda's financial health check has awarded I2Lresearch Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs


2 Strong

3 Regular

7 Weak

Size
annual sales of £925.1k, make it smaller than the average company (£1.2m)
£925.1k - I2lresearch Ltd
£1.2m - Industry AVG

Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.9%)
- I2lresearch Ltd
7.9% - Industry AVG

Production
with a gross margin of 45.2%, this company has a comparable cost of product (41.8%)
45.2% - I2lresearch Ltd
41.8% - Industry AVG

Profitability
an operating margin of -1.6% make it less profitable than the average company (6.4%)
-1.6% - I2lresearch Ltd
6.4% - Industry AVG

Employees
with 16 employees, this is similar to the industry average (15)
16 - I2lresearch Ltd
15 - Industry AVG

Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£34.5k)
£31.2k - I2lresearch Ltd
£34.5k - Industry AVG

Efficiency
resulting in sales per employee of £57.8k, this is less efficient (£104.6k)
£57.8k - I2lresearch Ltd
£104.6k - Industry AVG

Debtor Days
it gets paid by customers after 765 days, this is later than average (31 days)
765 days - I2lresearch Ltd
31 days - Industry AVG

Creditor Days
its suppliers are paid after 22 days, this is quicker than average (40 days)
22 days - I2lresearch Ltd
40 days - Industry AVG

Stock Days
it holds stock equivalent to 92 days, this is more than average (40 days)
92 days - I2lresearch Ltd
40 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (38 weeks)
13 weeks - I2lresearch Ltd
38 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (48%)
7.4% - I2lresearch Ltd
48% - Industry AVG
I2LRESEARCH LTD financials

I2Lresearch Ltd's latest turnover from December 2023 is £925.1 thousand and the company has net assets of £2.5 million. According to their latest financial statements, I2Lresearch Ltd has 16 employees and maintains cash reserves of £43.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 925,119 | 1,011,006 | |||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 507,247 | 595,064 | |||||||||||||
Gross Profit | 417,872 | 415,942 | |||||||||||||
Admin Expenses | 432,461 | 344,723 | |||||||||||||
Operating Profit | -14,589 | 71,219 | |||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | 3,907 | 555 | |||||||||||||
Pre-Tax Profit | 111,835 | 196,554 | |||||||||||||
Tax | 1,521 | 1,083 | |||||||||||||
Profit After Tax | 113,356 | 197,637 | |||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | 113,356 | 197,637 | |||||||||||||
Employee Costs | 498,689 | 556,785 | |||||||||||||
Number Of Employees | 16 | 19 | 27 | 17 | 19 | 27 | 31 | 40 | |||||||
EBITDA* | -5,303 | 82,544 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 482,585 | 491,206 | 493,865 | 498,449 | 516,050 | 472,697 | 435,919 | 399,303 | 406,833 | 413,193 | 406,632 | 334,333 | 23,204 | 26,202 | 27,041 |
Intangible Assets | |||||||||||||||
Investments & Other | 54,509 | 57,093 | 51,571 | 49,828 | 55,984 | 37,998 | 63,356 | 63,356 | 63,355 | 63,355 | 34,598 | 34,598 | |||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 537,094 | 548,299 | 545,436 | 548,277 | 572,034 | 510,695 | 499,275 | 462,659 | 470,188 | 476,548 | 441,230 | 368,931 | 23,204 | 26,202 | 27,041 |
Stock & work in progress | 128,521 | 60,255 | 93,796 | 77,728 | 61,459 | 42,139 | 38,530 | 23,535 | 15,980 | 50,623 | 50,623 | 16,982 | 10,100 | 1,528 | 1,745 |
Trade Debtors | 1,940,463 | 254,327 | 102,339 | 179,481 | 202,829 | 291,854 | 417,589 | 421,544 | 257,499 | 321,441 | 251,388 | 275,990 | 280,330 | 247,734 | 134,391 |
Group Debtors | 1,422,584 | 1,322,804 | 3,330 | ||||||||||||
Misc Debtors | 225,053 | 170,306 | 350,667 | 313,824 | 387,579 | 385,284 | 291,963 | 85,066 | |||||||
Cash | 43,447 | 82,941 | 109,490 | 1,169,774 | 1,081,088 | 862,881 | 583,670 | 565,062 | 721,587 | 534,117 | 382,488 | 408,478 | 441,969 | 404,849 | 316,994 |
misc current assets | |||||||||||||||
total current assets | 2,112,431 | 2,045,160 | 1,798,735 | 1,777,650 | 1,659,200 | 1,584,453 | 1,425,073 | 1,302,104 | 1,083,462 | 906,181 | 684,499 | 701,450 | 732,399 | 654,111 | 453,130 |
total assets | 2,649,525 | 2,593,459 | 2,344,171 | 2,325,927 | 2,231,234 | 2,095,148 | 1,924,348 | 1,764,763 | 1,553,650 | 1,382,729 | 1,125,729 | 1,070,381 | 755,603 | 680,313 | 480,171 |
Bank overdraft | 22,674 | ||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 31,682 | 12,419 | 53,872 | 18,316 | 18,296 | 41,077 | 104,863 | 36,577 | 51,923 | 132,545 | 185,223 | 117,909 | 91,688 | 185,298 | 138,826 |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 137,081 | 212,110 | 117,354 | 251,563 | 256,174 | 365,581 | 336,742 | 185,949 | 113,624 | ||||||
total current liabilities | 168,763 | 224,529 | 171,226 | 269,879 | 274,470 | 406,658 | 441,605 | 222,526 | 188,221 | 132,545 | 185,223 | 117,909 | 91,688 | 185,298 | 138,826 |
loans | 119,819 | 111,780 | |||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 126,414 | 141,048 | 153,326 | ||||||||||||
provisions | 26,987 | 28,510 | 30,162 | ||||||||||||
total long term liabilities | 26,987 | 28,510 | 30,162 | 119,819 | 111,780 | 126,414 | 141,048 | 153,326 | |||||||
total liabilities | 195,750 | 253,039 | 201,388 | 269,879 | 274,470 | 406,658 | 441,605 | 342,345 | 300,001 | 258,959 | 326,271 | 271,235 | 91,688 | 185,298 | 138,826 |
net assets | 2,453,775 | 2,340,420 | 2,142,783 | 2,056,048 | 1,956,764 | 1,688,490 | 1,482,743 | 1,422,418 | 1,253,649 | 1,123,770 | 799,458 | 799,146 | 663,915 | 495,015 | 341,345 |
total shareholders funds | 2,453,775 | 2,340,420 | 2,142,783 | 2,056,048 | 1,956,764 | 1,688,490 | 1,482,743 | 1,422,418 | 1,253,649 | 1,123,770 | 799,458 | 799,146 | 663,915 | 495,015 | 341,345 |
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -14,589 | 71,219 | |||||||||||||
Depreciation | 9,286 | 11,325 | 7,084 | 17,601 | 22,059 | 26,695 | 7,159 | 8,752 | 9,423 | 7,289 | 6,485 | 3,267 | 2,998 | 838 | 2,429 |
Amortisation | |||||||||||||||
Tax | 1,521 | 1,083 | |||||||||||||
Stock | 68,266 | -33,541 | 32,337 | 16,269 | 19,320 | 3,609 | 14,995 | 7,555 | -34,643 | 33,641 | 6,882 | 8,572 | -217 | 1,745 | |
Debtors | 38,499 | 306,515 | 1,078,796 | 13,495 | -162,780 | -123,440 | 89,366 | 367,612 | 24,454 | 70,053 | -24,602 | -4,340 | 32,596 | 113,343 | 134,391 |
Creditors | 19,263 | -41,453 | 35,576 | 20 | -22,781 | -63,786 | 68,286 | -15,346 | -80,622 | -52,678 | 67,314 | 26,221 | -93,610 | 46,472 | 138,826 |
Accruals and Deferred Income | -75,029 | 94,756 | -138,820 | -4,611 | -109,407 | 28,839 | 150,793 | 72,325 | 113,624 | ||||||
Deferred Taxes & Provisions | -1,523 | -1,652 | 30,162 | ||||||||||||
Cash flow from operations | -167,836 | -137,696 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -2,584 | 5,522 | -4,413 | -6,156 | 17,986 | -25,358 | 1 | 28,757 | 34,598 | ||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -119,819 | 8,039 | 111,780 | ||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -126,414 | -14,634 | -12,278 | 153,326 | |||||||||||
share issue | |||||||||||||||
interest | 3,907 | 555 | |||||||||||||
cash flow from financing | 3,906 | 555 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -39,494 | -26,549 | -971,598 | 88,686 | 218,207 | 279,211 | 18,608 | -156,525 | 187,470 | 151,629 | -25,990 | -33,491 | 37,120 | 87,855 | 316,994 |
overdraft | -22,674 | 22,674 | |||||||||||||
change in cash | -39,494 | -26,549 | -971,598 | 88,686 | 218,207 | 279,211 | 18,608 | -133,851 | 164,796 | 151,629 | -25,990 | -33,491 | 37,120 | 87,855 | 316,994 |
i2lresearch ltd Credit Report and Business Information
I2lresearch Ltd Competitor Analysis

Perform a competitor analysis for i2lresearch ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in RG42 area or any other competitors across 12 key performance metrics.
i2lresearch ltd Ownership
I2LRESEARCH LTD group structure
I2Lresearch Ltd has no subsidiary companies.
Ultimate parent company
ENVIROLOGIX INC
#0144551
2 parents
I2LRESEARCH LTD
02926939
i2lresearch ltd directors
I2Lresearch Ltd currently has 4 directors. The longest serving directors include Mr William Welch (Nov 2021) and Mr William Welch (Nov 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr William Welch | United States | 47 years | Nov 2021 | - | Director |
Mr William Welch | United States | 47 years | Nov 2021 | - | Director |
Mr Robert McPheeters | United States | 49 years | Nov 2021 | - | Director |
Mr Robert McPheeters | United States | 49 years | Nov 2021 | - | Director |
P&L
December 2023turnover
925.1k
-8%
operating profit
-14.6k
-120%
gross margin
45.2%
+9.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.5m
+0.05%
total assets
2.6m
+0.02%
cash
43.4k
-0.48%
net assets
Total assets minus all liabilities
i2lresearch ltd company details
company number
02926939
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 1994
age
31
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
insect investigations limited (January 2007)
accountant
-
auditor
-
address
coopers bridge braziers lane, winkfield, berkshire, RG42 6NS
Bank
HSBC BANK PLC
Legal Advisor
-
i2lresearch 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 4 charges/mortgages relating to i2lresearch ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
i2lresearch 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.
Click to start generating capital raising & share issue transactions for I2LRESEARCH LTD. This can take several minutes, an email will notify you when this has completed.
i2lresearch ltd Companies House Filings - See Documents
date | description | view/download |
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