Pomanda estimates the enterprise value of BOWE IQ LIMITED at £2.6m based on a Turnover of £3.1m and 0.83x industry multiple (adjusted for size and gross margin).
bowe iq limitedEstimated Valuation
£88k
Pomanda estimates the enterprise value of BOWE IQ LIMITED at £88k based on an EBITDA of £17.7k and a 4.97x industry multiple (adjusted for size and gross margin).
bowe iq limitedEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of BOWE IQ LIMITED at £3.1m based on Net Assets of £1.3m and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bowe Iq LimitedOverview
Bowe Iq Limited is a live company located in w. yorks, HD9 2AR with a Companies House number of 03249677. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 1996, it's largest shareholder is
bowe systec gmbh
with a 75.5% stake. Bowe Iq Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Bowe Iq Limited a 3 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
Health Rating3out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£4.6m)
£3.1m - Bowe Iq Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (10.3%)
5% - Bowe Iq Limited
10.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
71.7% - Bowe Iq Limited
71.7% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (3.4%)
-0.9% - Bowe Iq Limited
3.4% - Industry AVG
Employees
with 31 employees, this is below the industry average (42)
31 - Bowe Iq Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
£71.8k - Bowe Iq Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £100.4k, this is less efficient (£122.9k)
£100.4k - Bowe Iq Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (58 days)
59 days - Bowe Iq Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (41 days)
5 days - Bowe Iq Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is more than average (19 days)
50 days - Bowe Iq Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 110 weeks, this is more cash available to meet short term requirements (17 weeks)
110 weeks - Bowe Iq Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.3%, this is a lower level of debt than the average (63.2%)
17.3% - Bowe Iq Limited
63.2% - Industry AVG
BOWE IQ LIMITED financials
EXPORT
Bowe Iq Limited's latest turnover from December 2023 is estimated at £3.1 million and the company has net assets of £1.3 million. According to their latest financial statements, Bowe Iq Limited has 31 employees and maintains cash reserves of £585.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
3,111,140
2,931,309
2,250,323
2,691,293
2,949,202
5,230,772
1,962,591
1,574,035
1,481,396
736,695
704,974
741,744
505,519
546,403
Other Income Or Grants
Cost Of Sales
880,428
843,522
609,545
742,866
796,064
1,309,783
502,932
395,309
369,177
191,191
174,159
182,597
124,659
131,484
Gross Profit
2,230,713
2,087,787
1,640,778
1,948,427
2,153,139
3,920,989
1,459,659
1,178,726
1,112,219
545,504
530,815
559,146
380,860
414,919
Admin Expenses
2,260,046
2,083,198
1,147,168
1,601,377
2,153,967
3,300,024
1,491,114
1,145,299
973,168
542,785
530,952
574,808
359,993
425,309
-14,779
Operating Profit
-29,333
4,589
493,610
347,050
-828
620,965
-31,455
33,427
139,051
2,719
-137
-15,662
20,867
-10,390
14,779
Interest Payable
888
1,604
680
Interest Receivable
33,536
23,316
1,583
346
689
446
156
202
98
4
2
67
67
1
1
Pre-Tax Profit
4,203
27,905
495,194
347,396
-139
621,411
-31,299
32,741
137,545
2,043
-135
-15,595
20,934
-10,389
14,781
Tax
-1,051
-5,302
-94,087
-66,005
-118,068
-6,548
-27,509
-429
-5,443
-4,139
Profit After Tax
3,152
22,603
401,107
281,391
-139
503,343
-31,299
26,193
110,036
1,614
-135
-15,595
15,491
-10,389
10,642
Dividends Paid
Retained Profit
3,152
22,603
401,107
281,391
-139
503,343
-31,299
26,193
110,036
1,614
-135
-15,595
15,491
-10,389
10,642
Employee Costs
2,226,040
2,314,966
1,709,368
1,625,842
1,489,333
2,895,472
1,142,563
866,293
746,391
374,624
359,210
417,081
243,746
291,407
Number Of Employees
31
34
27
27
24
49
20
16
14
7
7
8
5
6
EBITDA*
17,715
51,023
522,674
364,857
-828
640,464
-9,554
37,445
142,001
2,719
2,221
-12,860
22,908
-8,293
17,394
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
96,278
93,503
58,653
71,918
63,613
17,137
8,718
20,127
9,876
3,321
2,768
4,820
3,966
2,817
2,997
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
96,278
93,503
58,653
71,918
63,613
17,137
8,718
20,127
9,876
3,321
2,768
4,820
3,966
2,817
2,997
Stock & work in progress
122,450
260,913
243,780
48,630
10,000
10,000
28,050
30,000
111,347
38,500
52,359
35,000
30,000
27,987
48,468
Trade Debtors
502,945
443,884
347,077
529,291
666,014
1,118,718
404,739
295,301
282,539
134,705
123,210
131,207
92,434
95,648
74,353
Group Debtors
236,800
173,056
218,528
17,510
42,609
Misc Debtors
52,394
148,367
150,089
46,032
26,234
Cash
585,254
692,301
640,064
626,660
65,678
118,170
856
123,660
38,257
775
831
26,695
500
misc current assets
35,557
10,510
total current assets
1,499,843
1,718,521
1,599,538
1,268,123
810,535
1,282,445
444,155
448,961
432,143
173,980
176,400
166,207
149,129
123,635
123,321
total assets
1,596,121
1,812,024
1,658,191
1,340,041
874,148
1,299,582
452,873
469,088
442,019
177,301
179,168
171,027
153,095
126,452
126,318
Bank overdraft
Bank loan
Trade Creditors
12,654
58,813
12,329
109,050
87,056
448,773
226,186
306,219
290,403
142,836
151,479
148,542
127,689
116,815
106,319
Group/Directors Accounts
11,308
1,890
7,559
9,243
other short term finances
hp & lease commitments
other current liabilities
263,452
436,348
340,294
335,948
167,016
total current liabilities
276,106
495,161
363,931
446,888
254,072
448,773
226,186
306,219
297,962
152,079
151,479
148,542
127,689
116,815
106,319
loans
28,416
20,929
hp & lease commitments
Accruals and Deferred Income
237,149
110,169
other liabilities
7,960
21,326
25,120
19,371
7,050
7,050
7,050
provisions
8,314
1,759
1,686
1,977
665
555
965
612
334
307
total long term liabilities
8,314
238,908
118,129
23,012
30,393
21,594
25,675
20,336
7,662
7,384
7,357
total liabilities
276,106
495,161
363,931
446,888
262,386
687,681
344,315
329,231
328,355
173,673
177,154
168,878
135,351
124,199
113,676
net assets
1,320,015
1,316,863
1,294,260
893,153
611,762
611,901
108,558
139,857
113,664
3,628
2,014
2,149
17,744
2,253
12,642
total shareholders funds
1,320,015
1,316,863
1,294,260
893,153
611,762
611,901
108,558
139,857
113,664
3,628
2,014
2,149
17,744
2,253
12,642
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-29,333
4,589
493,610
347,050
-828
620,965
-31,455
33,427
139,051
2,719
-137
-15,662
20,867
-10,390
14,779
Depreciation
47,048
46,434
29,064
17,807
19,499
21,901
4,018
2,950
2,358
2,802
2,041
2,097
2,615
Amortisation
Tax
-1,051
-5,302
-94,087
-66,005
-118,068
-6,548
-27,509
-429
-5,443
-4,139
Stock
-138,463
17,133
195,150
38,630
-18,050
-1,950
-81,347
72,847
-13,859
17,359
5,000
2,013
-20,481
48,468
Debtors
26,832
49,613
122,861
-142,024
-383,861
713,979
109,438
12,762
147,834
11,495
-7,997
38,773
-3,214
21,295
74,353
Creditors
-46,159
46,484
-96,721
21,994
-361,717
222,587
-80,033
15,816
147,567
-8,643
2,937
20,853
10,874
10,496
106,319
Accruals and Deferred Income
-172,896
96,054
4,346
168,932
-70,133
126,980
110,169
Deferred Taxes & Provisions
-8,314
6,555
1,759
-1,686
-291
1,312
110
-410
353
278
27
307
Cash flow from operations
-90,760
121,513
18,201
584,858
-42,262
177,793
-88,592
115,007
42,690
-3,879
-4,614
-35,427
29,818
1,416
-2,940
Investing Activities
capital expenditure
-49,823
-81,284
-15,799
-27,918
-10,492
-14,269
-9,505
-553
-306
-3,656
-3,190
-1,917
-5,612
Change in Investments
cash flow from investments
-49,823
-81,284
-15,799
-27,918
-10,492
-14,269
-9,505
-553
-306
-3,656
-3,190
-1,917
-5,612
Financing Activities
Bank loans
Group/Directors Accounts
-11,308
9,418
1,890
-7,559
-1,684
9,243
Other Short Term Loans
Long term loans
-28,416
7,487
20,929
Hire Purchase and Lease Commitments
other long term liabilities
-7,960
-13,366
21,326
-25,120
5,749
12,321
7,050
share issue
2,000
interest
33,536
23,316
1,583
346
689
446
156
-686
-1,506
-676
2
67
67
1
1
cash flow from financing
33,536
12,008
11,001
2,236
689
-7,514
-13,210
-15,335
4,297
4,376
5,751
12,388
67
1
9,051
cash and cash equivalents
cash
-107,047
52,237
13,404
560,982
-52,492
117,314
-122,804
85,403
37,482
-56
831
-26,695
26,695
-500
500
overdraft
change in cash
-107,047
52,237
13,404
560,982
-52,492
117,314
-122,804
85,403
37,482
-56
831
-26,695
26,695
-500
500
bowe iq 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 bowe iq limited. Get real-time insights into bowe iq limited's credit score, group structure and payment trends.
Perform a competitor analysis for bowe iq limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HD9 area or any other competitors across 12 key performance metrics.
bowe iq limited Ownership
BOWE IQ LIMITED group structure
Bowe Iq Limited has no subsidiary companies.
Ultimate parent company
L POSSEHL & CO GMBH
#0041468
BOWE SYSTEC GMBH
#0074529
2 parents
BOWE IQ LIMITED
03249677
BOWE IQ LIMITED Shareholders
The largest shareholders in Bowe Iq Limited include Bowe Systec Gmbh and Andrew O'Donnell.
bowe systec gmbh
75.5%
andrew o'donnell
24.5%
bowe iq limited directors
Bowe Iq Limited currently has 2 directors.
The longest serving directors include
Mr Andrew O'Donnell (Sep 1996) and
Mr Joachim Koschier (Feb 2019).
62012 - Business and domestic software development
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
L POSSEHL & CO GMBH
accounts
Small Company
last accounts submitted
December 2023
previous names
red ledge limited (January 2023)
accountant
-
auditor
-
address
underbank mills dunford road, holmfirth, w. yorks, HD9 2AR
Bank
-
Legal Advisor
-
bowe iq 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 bowe iq limited.
bowe iq 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.
Click to start generating capital raising & share issue transactions for BOWE IQ LIMITED. This can take several minutes, an email will notify you when this has completed.
bowe iq limitedCompanies House Filings - See Documents
