italik limited
italik limited Company Information
Company Number
03788579
Next Accounts
Jun 2026
Shareholders
italik holdings ltd
Group Structure
View All
Industry
Computer consultancy activities
+1Registered Address
2b rudgate court, walton, wetherby, west yorkshire, LS23 7BF
Website
www.italik.co.ukitalik limited Estimated Valuation
Pomanda estimates the enterprise value of ITALIK LIMITED at £5.9m based on a Turnover of £7.2m and 0.81x industry multiple (adjusted for size and gross margin).
italik limited Estimated Valuation
Pomanda estimates the enterprise value of ITALIK LIMITED at £0 based on an EBITDA of £-155.8k and a 5.6x industry multiple (adjusted for size and gross margin).
italik limited Estimated Valuation
Pomanda estimates the enterprise value of ITALIK LIMITED at £2.5m based on Net Assets of £1.1m and 2.27x industry multiple (adjusted for liquidity).
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Italik Limited Overview
Italik Limited is a live company located in west yorkshire, LS23 7BF with a Companies House number of 03788579. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 1999, it's largest shareholder is italik holdings ltd with a 100% stake. Italik Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.2m with rapid growth in recent years.
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Italik Limited Health Check
Pomanda's financial health check has awarded Italik Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £7.2m, make it larger than the average company (£5m)
- Italik Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (10.2%)
- Italik Limited
10.2% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
- Italik Limited
47.4% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (4.8%)
- Italik Limited
4.8% - Industry AVG
Employees
with 24 employees, this is similar to the industry average (29)
24 - Italik Limited
29 - Industry AVG
Pay Structure
on an average salary of £68.7k, the company has an equivalent pay structure (£68.7k)
- Italik Limited
£68.7k - Industry AVG
Efficiency
resulting in sales per employee of £302k, this is more efficient (£156.8k)
- Italik Limited
£156.8k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (56 days)
- Italik Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 117 days, this is slower than average (30 days)
- Italik Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Italik Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (15 weeks)
35 weeks - Italik Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.5%, this is a similar level of debt than the average (59.8%)
64.5% - Italik Limited
59.8% - Industry AVG
ITALIK LIMITED financials
Italik Limited's latest turnover from September 2024 is estimated at £7.2 million and the company has net assets of £1.1 million. According to their latest financial statements, Italik Limited has 24 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 24 | 28 | 28 | 24 | 26 | 32 | 33 | 33 | 36 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 284,705 | 300,902 | 295,190 | 306,968 | 304,709 | 310,671 | 323,629 | 335,916 | 330,083 | 359,904 | 388,208 | 418,185 | 393,250 | 400,863 | 385,093 | 383,957 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | 45,577 | 32,331 | 16,274 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Debtors (Due After 1 year) | 11,400 | 10,300 | 10,200 | 47,400 | 7,000 | 6,000 | 7,000 | 14,000 | 7,000 | |||||||
| Total Fixed Assets | 341,682 | 343,533 | 321,664 | 354,369 | 311,710 | 316,672 | 330,630 | 349,917 | 337,084 | 359,905 | 388,208 | 418,185 | 393,250 | 400,863 | 385,093 | 383,957 |
| Stock & work in progress | 5,069 | 5,524 | 6,535 | 55,429 | 26,975 | 113,448 | 8,870 | 7,385 | 39,508 | 3,417 | 8,715 | |||||
| Trade Debtors | 1,398,194 | 2,241,341 | 706,633 | 195,694 | 495,276 | 903,743 | 470,112 | 479,257 | 372,136 | 1,426,304 | 1,118,340 | 945,472 | 725,771 | 783,785 | 774,418 | 582,905 |
| Group Debtors | 105,000 | 305,000 | 305,000 | 395,000 | 395,000 | 395,000 | 395,000 | |||||||||
| Misc Debtors | 48,230 | 162,593 | 354,850 | 419,015 | 37,669 | 42,248 | 63,622 | 35,206 | 45,867 | |||||||
| Cash | 1,364,084 | 1,821,777 | 1,951,967 | 1,574,373 | 879,443 | 450,246 | 273,403 | 329,826 | 298,424 | 362,678 | 309,852 | 216,029 | 234,234 | 272,917 | 174,710 | 202,845 |
| misc current assets | ||||||||||||||||
| total current assets | 2,810,508 | 4,225,711 | 3,118,450 | 2,494,082 | 1,717,388 | 1,796,306 | 1,207,661 | 1,245,824 | 1,166,856 | 1,815,957 | 1,541,640 | 1,170,371 | 967,390 | 1,096,210 | 952,545 | 794,465 |
| total assets | 3,152,190 | 4,569,244 | 3,440,114 | 2,848,451 | 2,029,098 | 2,112,978 | 1,538,291 | 1,595,741 | 1,503,940 | 2,175,862 | 1,929,848 | 1,588,556 | 1,360,640 | 1,497,073 | 1,337,638 | 1,178,422 |
| Bank overdraft | 27,246 | 25,093 | 23,110 | |||||||||||||
| Bank loan | 92,170 | 32,122 | 29,583 | |||||||||||||
| Trade Creditors | 1,228,621 | 2,420,087 | 1,141,166 | 762,441 | 439,805 | 634,319 | 168,086 | 89,001 | 87,820 | 1,090,480 | 881,719 | 587,267 | 392,573 | 542,520 | 379,333 | 218,039 |
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 777,644 | 904,218 | 1,141,904 | 705,381 | 504,161 | 386,932 | 295,611 | 446,157 | 406,000 | |||||||
| total current liabilities | 2,006,265 | 3,324,305 | 2,283,070 | 1,559,992 | 976,088 | 1,050,834 | 490,943 | 560,251 | 516,930 | 1,090,480 | 881,719 | 587,267 | 392,573 | 542,520 | 379,333 | 218,039 |
| loans | 192,708 | 34,878 | 67,000 | 96,583 | 123,828 | 148,921 | 193,315 | 228,279 | ||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 172,032 | 193,315 | 212,917 | 230,971 | 247,596 | 69,594 | 49,217 |
| provisions | 26,500 | 28,400 | 24,700 | 25,100 | 17,000 | 14,000 | 13,000 | 13,000 | 11,000 | 3,000 | 5,000 | 7,210 | 8,664 | |||
| total long term liabilities | 26,501 | 28,401 | 24,701 | 217,809 | 51,879 | 81,001 | 109,584 | 136,829 | 159,922 | 172,032 | 196,315 | 217,917 | 238,181 | 256,260 | 262,909 | 277,496 |
| total liabilities | 2,032,766 | 3,352,706 | 2,307,771 | 1,777,801 | 1,027,967 | 1,131,835 | 600,527 | 697,080 | 676,852 | 1,262,512 | 1,078,034 | 805,184 | 630,754 | 798,780 | 642,242 | 495,535 |
| net assets | 1,119,424 | 1,216,538 | 1,132,343 | 1,070,650 | 1,001,131 | 981,143 | 937,764 | 898,661 | 827,088 | 913,350 | 851,814 | 783,372 | 729,886 | 698,293 | 695,396 | 682,887 |
| total shareholders funds | 1,119,424 | 1,216,538 | 1,132,343 | 1,070,650 | 1,001,131 | 981,143 | 937,764 | 898,661 | 827,088 | 913,350 | 851,814 | 783,372 | 729,886 | 698,293 | 695,396 | 682,887 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | ||||||||||||||||
| Depreciation | 20,972 | 20,869 | 22,799 | 19,634 | 15,596 | 28,736 | 28,559 | 16,967 | 36,775 | 49,647 | 62,035 | 50,517 | 38,225 | 29,469 | 23,182 | 20,018 |
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | -5,069 | -455 | -1,011 | -48,894 | 28,454 | -86,473 | 104,578 | 1,485 | -32,123 | 36,091 | -5,298 | 8,715 | ||||
| Debtors | -956,410 | 1,237,551 | 209,574 | 122,164 | -502,046 | 411,257 | 12,271 | 103,460 | -606,301 | 307,964 | 172,868 | 219,701 | -58,014 | 9,367 | 191,513 | 582,905 |
| Creditors | -1,191,466 | 1,278,921 | 378,725 | 322,636 | -194,514 | 466,233 | 79,085 | 1,181 | -1,002,660 | 208,761 | 294,452 | 194,694 | -149,947 | 163,187 | 161,294 | 218,039 |
| Accruals and Deferred Income | -126,574 | -237,686 | 436,523 | 201,220 | 117,229 | 91,321 | -150,546 | 40,157 | 406,000 | |||||||
| Deferred Taxes & Provisions | -1,900 | 3,700 | -400 | 8,100 | 3,000 | 1,000 | 2,000 | 11,000 | -3,000 | -2,000 | -2,210 | -1,454 | 8,664 | |||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 13,246 | 16,057 | 16,273 | 1 | ||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | -92,170 | 60,048 | 2,539 | 29,583 | ||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | -192,708 | 157,830 | -32,122 | -29,583 | -27,245 | -25,093 | 148,921 | -193,315 | -34,964 | 228,279 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -172,031 | -21,283 | -19,602 | -18,054 | -16,625 | 178,002 | 20,377 | 49,217 | ||||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -457,693 | -130,190 | 377,594 | 694,930 | 429,197 | 176,843 | -56,423 | 31,402 | -64,254 | 52,826 | 93,823 | -18,205 | -38,683 | 98,207 | -28,135 | 202,845 |
| overdraft | -27,246 | 2,153 | 1,983 | 23,110 | ||||||||||||
| change in cash | -457,693 | -130,190 | 377,594 | 694,930 | 429,197 | 204,089 | -58,576 | 29,419 | -87,364 | 52,826 | 93,823 | -18,205 | -38,683 | 98,207 | -28,135 | 202,845 |
italik limited Credit Report and Business Information
Italik Limited Competitor Analysis
Perform a competitor analysis for italik limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in LS23 area or any other competitors across 12 key performance metrics.
italik limited Ownership
ITALIK LIMITED group structure
Italik Limited has no subsidiary companies.
italik limited directors
Italik Limited currently has 4 directors. The longest serving directors include Mr Robert Field (Jul 1999) and Mr Stephen Pilkington (Sep 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Field | 64 years | Jul 1999 | - | Director | |
| Mr Stephen Pilkington | 55 years | Sep 2007 | - | Director | |
| Mr Maxwell Carr | 56 years | Sep 2007 | - | Director | |
| Mr Andrew Kenny | 72 years | Sep 2008 | - | Director |
P&L
September 2024turnover
7.2m
-34%
operating profit
-176.8k
0%
gross margin
47.5%
-4.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
1.1m
-0.08%
total assets
3.2m
-0.31%
cash
1.4m
-0.25%
net assets
Total assets minus all liabilities
italik limited company details
company number
03788579
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
June 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
pinco 1245 limited (July 1999)
accountant
-
auditor
-
address
2b rudgate court, walton, wetherby, west yorkshire, LS23 7BF
Bank
-
Legal Advisor
-
italik 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 3 charges/mortgages relating to italik limited. Currently there are 3 open charges and 0 have been satisfied in the past.
italik 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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italik limited Companies House Filings - See Documents
| date | description | view/download |
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