ig loveridge mews limited
ig loveridge mews limited Company Information
Company Number
03326329
Website
-Registered Address
interland group, 73 maygrove road, london, NW6 2EG
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
ig loveridge mews limited Estimated Valuation
Pomanda estimates the enterprise value of IG LOVERIDGE MEWS LIMITED at £929.7k based on a Turnover of £400.7k and 2.32x industry multiple (adjusted for size and gross margin).
ig loveridge mews limited Estimated Valuation
Pomanda estimates the enterprise value of IG LOVERIDGE MEWS LIMITED at £518.8k based on an EBITDA of £90.9k and a 5.71x industry multiple (adjusted for size and gross margin).
ig loveridge mews limited Estimated Valuation
Pomanda estimates the enterprise value of IG LOVERIDGE MEWS LIMITED at £1.5m based on Net Assets of £1.2m and 1.23x industry multiple (adjusted for liquidity).
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Ig Loveridge Mews Limited Overview
Ig Loveridge Mews Limited is a live company located in london, NW6 2EG with a Companies House number of 03326329. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 1997, it's largest shareholder is interland residential properties limited with a 100% stake. Ig Loveridge Mews Limited is a mature, micro sized company, Pomanda has estimated its turnover at £400.7k with declining growth in recent years.
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Ig Loveridge Mews Limited Health Check
Pomanda's financial health check has awarded Ig Loveridge Mews Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £400.7k, make it smaller than the average company (£908k)
- Ig Loveridge Mews Limited
£908k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (2.1%)
- Ig Loveridge Mews Limited
2.1% - Industry AVG
Production
with a gross margin of 66.6%, this company has a comparable cost of product (66.6%)
- Ig Loveridge Mews Limited
66.6% - Industry AVG
Profitability
an operating margin of 22.7% make it less profitable than the average company (35.4%)
- Ig Loveridge Mews Limited
35.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ig Loveridge Mews Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)
- Ig Loveridge Mews Limited
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £200.4k, this is equally as efficient (£200.4k)
- Ig Loveridge Mews Limited
£200.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ig Loveridge Mews Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ig Loveridge Mews Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ig Loveridge Mews Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Ig Loveridge Mews Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.8%, this is a lower level of debt than the average (63.5%)
42.8% - Ig Loveridge Mews Limited
63.5% - Industry AVG
IG LOVERIDGE MEWS LIMITED financials
Ig Loveridge Mews Limited's latest turnover from March 2023 is estimated at £400.7 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Ig Loveridge Mews Limited has 2 employees and maintains cash reserves of £2 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 4 | 3 | 3 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 393 | 524 | 699 | 932 | 1,601,243 | 1,601,657 | 1,502,209 | 1,502,945 | 1,503,926 | 1,505,235 | 335,000 | 335,000 | 335,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,568,000 | 1,760,000 | 1,760,000 | 1,760,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 335,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,568,393 | 1,760,524 | 1,760,699 | 1,760,932 | 1,601,243 | 1,601,657 | 1,502,209 | 1,502,945 | 1,503,926 | 1,505,235 | 335,000 | 335,000 | 335,000 | 335,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 554 | 30,020 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 543,584 | 477,855 | 404,703 | 341,534 | 267,907 | 220,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,000 | 0 | 0 | 0 | 0 | 0 | 143,875 | 92,939 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 6,149 | 42 | 3,865 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 551,586 | 477,857 | 404,705 | 341,536 | 267,909 | 220,429 | 143,877 | 93,495 | 30,022 | 2 | 2 | 6,149 | 42 | 3,865 |
| total assets | 2,119,979 | 2,238,381 | 2,165,404 | 2,102,468 | 1,869,152 | 1,822,086 | 1,646,086 | 1,596,440 | 1,533,948 | 1,505,237 | 335,002 | 341,149 | 335,042 | 338,865 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,753 | 213,462 | 228,728 | 231,777 | 35,372 | 52,947 | 74,285 |
| Group/Directors Accounts | 600,097 | 600,098 | 0 | 0 | 600,097 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,752 | 3,699 | 608,089 | 624,476 | 20,505 | 212,847 | 216,198 | 221,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 603,849 | 603,797 | 608,089 | 624,476 | 620,602 | 219,847 | 216,198 | 227,708 | 213,462 | 228,728 | 231,777 | 35,372 | 52,947 | 74,285 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 230,005 | 230,005 | 230,005 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 302,714 | 350,714 | 350,714 | 266,543 | 236,143 | 248,571 | 228,571 | 228,571 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 302,714 | 350,714 | 350,714 | 266,543 | 236,143 | 248,571 | 228,571 | 228,571 | 0 | 0 | 0 | 230,005 | 230,005 | 230,005 |
| total liabilities | 906,563 | 954,511 | 958,803 | 891,019 | 856,745 | 468,418 | 444,769 | 456,279 | 213,462 | 228,728 | 231,777 | 265,377 | 282,952 | 304,290 |
| net assets | 1,213,416 | 1,283,870 | 1,206,601 | 1,211,449 | 1,012,407 | 1,353,668 | 1,201,317 | 1,140,161 | 1,320,486 | 1,276,509 | 103,225 | 75,772 | 52,090 | 34,575 |
| total shareholders funds | 1,213,416 | 1,283,870 | 1,206,601 | 1,211,449 | 1,012,407 | 1,353,668 | 1,201,317 | 1,140,161 | 1,320,486 | 1,276,509 | 103,225 | 75,772 | 52,090 | 34,575 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 131 | 175 | 233 | 311 | 414 | 552 | 736 | 981 | 1,309 | 1,745 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 73,729 | 73,152 | 63,169 | 73,627 | 47,480 | 76,552 | 50,382 | 63,473 | 30,020 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -5,753 | -207,709 | -15,266 | -3,049 | 196,405 | -17,575 | -21,338 | 74,285 |
| Accruals and Deferred Income | 53 | -604,390 | -16,387 | 603,971 | -192,342 | -3,351 | -5,757 | 221,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -48,000 | 0 | 84,171 | 30,400 | -12,428 | 20,000 | 0 | 228,571 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -192,000 | 0 | 0 | 1,760,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -335,000 | 335,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1 | 600,098 | 0 | -600,097 | 593,097 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -230,005 | 0 | 0 | 230,005 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,147 | 6,107 | -3,823 | 3,865 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,147 | 6,107 | -3,823 | 3,865 |
ig loveridge mews limited Credit Report and Business Information
Ig Loveridge Mews Limited Competitor Analysis
Perform a competitor analysis for ig loveridge mews limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW6 area or any other competitors across 12 key performance metrics.
ig loveridge mews limited Ownership
IG LOVERIDGE MEWS LIMITED group structure
Ig Loveridge Mews Limited has no subsidiary companies.
Ultimate parent company
SOUTHDAWN MANAGEMENT LTD
#0147784
2 parents
IG LOVERIDGE MEWS LIMITED
03326329
ig loveridge mews limited directors
Ig Loveridge Mews Limited currently has 3 directors. The longest serving directors include Mr Ben Edgar (Feb 2022) and Mr Ilan Haim (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ben Edgar | United Kingdom | 40 years | Feb 2022 | - | Director |
| Mr Ilan Haim | United Kingdom | 46 years | Feb 2022 | - | Director |
| Mr Ben Edgar | England | 40 years | Feb 2022 | - | Director |
P&L
March 2023turnover
400.7k
-51%
operating profit
90.8k
0%
gross margin
66.6%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.2m
-0.05%
total assets
2.1m
-0.05%
cash
2
0%
net assets
Total assets minus all liabilities
Similar Companies
ig loveridge mews limited company details
company number
03326329
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 1997
age
27
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
greater london developments limited (September 2022)
last accounts submitted
March 2023
address
interland group, 73 maygrove road, london, NW6 2EG
accountant
HARRIS & TROTTER LLP
auditor
-
ig loveridge mews 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 6 charges/mortgages relating to ig loveridge mews limited. Currently there are 4 open charges and 2 have been satisfied in the past.
ig loveridge mews limited Companies House Filings - See Documents
| date | description | view/download |
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