industrial encoders direct limitedEstimated Valuation
£572.7k
Pomanda estimates the enterprise value of INDUSTRIAL ENCODERS DIRECT LIMITED at £572.7k based on a Turnover of £772.6k and 0.74x industry multiple (adjusted for size and gross margin).
industrial encoders direct limitedEstimated Valuation
£89.5k
Pomanda estimates the enterprise value of INDUSTRIAL ENCODERS DIRECT LIMITED at £89.5k based on an EBITDA of £20.4k and a 4.4x industry multiple (adjusted for size and gross margin).
industrial encoders direct limitedEstimated Valuation
£570.3k
Pomanda estimates the enterprise value of INDUSTRIAL ENCODERS DIRECT LIMITED at £570.3k based on Net Assets of £288k and 1.98x industry multiple (adjusted for liquidity).
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Industrial Encoders Direct LimitedOverview
Industrial Encoders Direct Limited is a live company located in wrexham, LL13 7YT with a Companies House number of 03427825. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in September 1997, it's largest shareholder is
kelvin arthur lewis
with a 65% stake. Industrial Encoders Direct Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£772.6k with
low
growth in recent years.
Pomanda's financial health check has awarded Industrial Encoders Direct Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £772.6k, make it smaller than the average company (£18.8m)
£772.6k - Industrial Encoders Direct Limited
£18.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (9.2%)
0% - Industrial Encoders Direct Limited
9.2% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)
30.3% - Industrial Encoders Direct Limited
30.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6.3%)
-0.2% - Industrial Encoders Direct Limited
6.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (92)
9 - Industrial Encoders Direct Limited
92 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
£47.9k - Industrial Encoders Direct Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £85.8k, this is less efficient (£185.9k)
£85.8k - Industrial Encoders Direct Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (52 days)
47 days - Industrial Encoders Direct Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (37 days)
39 days - Industrial Encoders Direct Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (90 days)
13 days - Industrial Encoders Direct Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 109 weeks, this is more cash available to meet short term requirements (16 weeks)
109 weeks - Industrial Encoders Direct Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28%, this is a lower level of debt than the average (40.5%)
28% - Industrial Encoders Direct Limited
40.5% - Industry AVG
INDUSTRIAL ENCODERS DIRECT LIMITED financials
EXPORT
Industrial Encoders Direct Limited's latest turnover from February 2024 is estimated at £772.6 thousand and the company has net assets of £288 thousand. According to their latest financial statements, Industrial Encoders Direct Limited has 9 employees and maintains cash reserves of £215.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
772,601
810,000
735,610
771,673
682,568
613,545
670,015
603,278
571,586
524,402
501,073
446,015
299,862
323,382
297,676
Other Income Or Grants
Cost Of Sales
538,387
559,586
510,633
551,656
478,239
433,385
473,644
418,588
407,042
373,931
355,147
315,063
208,902
222,321
207,808
Gross Profit
234,214
250,414
224,977
220,017
204,328
180,161
196,371
184,690
164,543
150,472
145,926
130,953
90,960
101,061
89,868
Admin Expenses
235,897
257,560
207,676
202,235
209,764
205,806
158,332
148,826
124,459
120,370
118,591
96,538
49,237
67,967
9,960
Operating Profit
-1,683
-7,146
17,301
17,782
-5,436
-25,645
38,039
35,864
40,084
30,102
27,335
34,415
41,723
33,094
79,908
Interest Payable
Interest Receivable
11,354
8,650
1,147
212
1,377
1,479
1,063
506
737
507
481
464
349
166
41
Pre-Tax Profit
9,671
1,504
18,448
17,994
-4,059
-24,166
39,102
36,370
40,821
30,609
27,816
34,879
42,072
33,260
79,949
Tax
-2,418
-286
-3,505
-3,419
-7,429
-7,274
-8,164
-6,428
-6,398
-8,371
-10,939
-9,313
-22,386
Profit After Tax
7,253
1,218
14,943
14,575
-4,059
-24,166
31,673
29,096
32,657
24,181
21,418
26,508
31,133
23,947
57,563
Dividends Paid
Retained Profit
7,253
1,218
14,943
14,575
-4,059
-24,166
31,673
29,096
32,657
24,181
21,418
26,508
31,133
23,947
57,563
Employee Costs
430,796
414,218
441,949
381,602
391,124
362,297
351,183
353,986
306,183
147,747
146,337
139,663
103,174
101,435
101,936
Number Of Employees
9
9
10
9
9
9
9
9
8
4
4
4
3
3
3
EBITDA*
20,368
10,070
35,103
34,022
13,872
-2,783
58,057
50,235
54,088
45,730
37,835
45,884
52,301
42,792
91,954
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
61,258
57,138
64,736
82,538
66,006
83,181
82,197
69,166
72,664
82,945
49,709
56,418
49,539
49,635
60,307
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
61,258
57,138
64,736
82,538
66,006
83,181
82,197
69,166
72,664
82,945
49,709
56,418
49,539
49,635
60,307
Stock & work in progress
20,000
25,000
20,000
12,000
12,000
12,000
21,000
10,000
7,400
8,000
7,600
7,500
7,000
7,000
6,800
Trade Debtors
100,839
125,899
93,311
134,623
93,382
82,190
106,434
85,188
99,786
112,812
108,907
88,938
61,938
70,431
62,776
Group Debtors
Misc Debtors
1,971
1,803
2,208
28,468
3,581
1,966
1,397
2,114
2,723
Cash
215,789
216,736
215,772
243,127
181,463
185,671
208,631
216,564
188,508
106,441
96,358
95,959
89,450
50,028
16,408
misc current assets
total current assets
338,599
369,438
331,291
418,218
290,426
281,827
337,462
313,866
298,417
227,253
212,865
192,397
158,388
127,459
85,984
total assets
399,857
426,576
396,027
500,756
356,432
365,008
419,659
383,032
371,081
310,198
262,574
248,815
207,927
177,094
146,291
Bank overdraft
Bank loan
Trade Creditors
57,716
83,034
52,398
66,072
55,380
54,228
70,943
66,756
43,973
92,490
90,251
92,362
81,890
81,793
65,545
Group/Directors Accounts
6,794
4,042
other short term finances
hp & lease commitments
other current liabilities
44,834
53,996
56,644
160,779
38,131
38,275
47,810
42,780
80,411
total current liabilities
102,550
137,030
109,042
226,851
93,511
92,503
118,753
116,330
128,426
92,490
90,251
92,362
81,890
81,793
65,545
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,191
138
1,557
2,977
6,686
6,870
11,450
17,266
2,906
7,316
13,392
13,789
23,181
provisions
9,267
7,568
7,416
9,141
11,313
15,418
15,944
13,229
13,796
15,690
8,846
9,984
total long term liabilities
9,267
8,759
7,416
9,279
12,870
18,395
22,630
20,099
25,246
32,956
11,752
17,300
13,392
13,789
23,181
total liabilities
111,817
145,789
116,458
236,130
106,381
110,898
141,383
136,429
153,672
125,446
102,003
109,662
95,282
95,582
88,726
net assets
288,040
280,787
279,569
264,626
250,051
254,110
278,276
246,603
217,409
184,752
160,571
139,153
112,645
81,512
57,565
total shareholders funds
288,040
280,787
279,569
264,626
250,051
254,110
278,276
246,603
217,409
184,752
160,571
139,153
112,645
81,512
57,565
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
-1,683
-7,146
17,301
17,782
-5,436
-25,645
38,039
35,864
40,084
30,102
27,335
34,415
41,723
33,094
79,908
Depreciation
22,051
17,216
17,802
16,240
19,308
22,862
20,018
14,371
14,004
15,628
10,500
11,469
10,578
9,698
12,046
Amortisation
Tax
-2,418
-286
-3,505
-3,419
-7,429
-7,274
-8,164
-6,428
-6,398
-8,371
-10,939
-9,313
-22,386
Stock
-5,000
5,000
8,000
-9,000
11,000
2,600
-600
400
100
500
200
6,800
Debtors
-24,892
32,183
-67,572
66,128
12,807
-23,675
20,529
-15,207
-10,303
3,905
19,969
27,000
-8,493
7,655
62,776
Creditors
-25,318
30,636
-13,674
10,692
1,152
-16,715
4,187
22,783
-48,517
2,239
-2,111
10,472
97
16,248
65,545
Accruals and Deferred Income
-9,162
-2,648
-104,135
122,648
-144
-9,535
5,030
-37,631
80,411
Deferred Taxes & Provisions
1,699
152
-1,725
-2,172
-4,105
-526
2,715
-567
-1,894
6,844
-1,138
9,984
Cash flow from operations
15,061
741
-28,364
95,643
-2,032
3,116
31,031
40,153
86,827
44,080
8,119
30,469
49,952
41,872
65,537
Investing Activities
capital expenditure
-26,171
-9,618
-32,772
-2,133
-23,846
-33,049
-10,873
-3,723
-48,864
-3,791
-18,348
-10,482
974
-72,353
Change in Investments
cash flow from investments
-26,171
-9,618
-32,772
-2,133
-23,846
-33,049
-10,873
-3,723
-48,864
-3,791
-18,348
-10,482
974
-72,353
Financing Activities
Bank loans
Group/Directors Accounts
-6,794
2,752
4,042
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,191
1,191
-138
-1,419
-1,420
-3,709
-184
-4,580
-5,816
14,360
-4,410
-6,076
-397
-9,392
23,181
share issue
98
2
interest
11,354
8,650
1,147
212
1,377
1,479
1,063
506
737
507
481
464
349
166
41
cash flow from financing
10,163
9,841
1,009
-1,207
-43
-2,230
-5,915
-1,224
-1,037
14,867
-3,929
-5,612
-48
-9,226
23,224
cash and cash equivalents
cash
-947
964
-27,355
61,664
-4,208
-22,960
-7,933
28,056
82,067
10,083
399
6,509
39,422
33,620
16,408
overdraft
change in cash
-947
964
-27,355
61,664
-4,208
-22,960
-7,933
28,056
82,067
10,083
399
6,509
39,422
33,620
16,408
industrial encoders direct 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 industrial encoders direct limited. Get real-time insights into industrial encoders direct limited's credit score, group structure and payment trends.
Industrial Encoders Direct Limited Competitor Analysis
Perform a competitor analysis for industrial encoders direct limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in LL13 area or any other competitors across 12 key performance metrics.
industrial encoders direct limited Ownership
INDUSTRIAL ENCODERS DIRECT LIMITED group structure
Industrial Encoders Direct Limited has no subsidiary companies.
Ultimate parent company
INDUSTRIAL ENCODERS DIRECT LIMITED
03427825
INDUSTRIAL ENCODERS DIRECT LIMITED Shareholders
The largest shareholders in Industrial Encoders Direct Limited include Kelvin Arthur Lewis and Maria Patricia Lewis.
kelvin arthur lewis
65%
maria patricia lewis
35%
industrial encoders direct limited directors
Industrial Encoders Direct Limited currently has 2 directors.
The longest serving directors include
Mr Kelvin Lewis (Apr 1998) and
Ms Maria Lewis (Apr 2008).
industrial encoders direct limited company details
company number
03427825
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
incorporation date
September 1997
age
28
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
ashstock 1556 limited (October 1997)
accountant
-
auditor
-
address
unit 10 edison court ellice way, wrexham technology park, wrexham, LL13 7YT
Bank
-
Legal Advisor
-
industrial encoders direct 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 industrial encoders direct limited. Currently there are 0 open charges and 1 have been satisfied in the past.
industrial encoders direct 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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industrial encoders direct limitedCompanies House Filings - See Documents
