35 westgate, huddersfield, west yorkshire, HD1 1PA
Website
-
itec components limitedEstimated Valuation
£171.5k
Pomanda estimates the enterprise value of ITEC COMPONENTS LIMITED at £171.5k based on a Turnover of £289.7k and 0.59x industry multiple (adjusted for size and gross margin).
itec components limitedEstimated Valuation
£40.2k
Pomanda estimates the enterprise value of ITEC COMPONENTS LIMITED at £40.2k based on an EBITDA of £10.5k and a 3.85x industry multiple (adjusted for size and gross margin).
itec components limitedEstimated Valuation
£289
Pomanda estimates the enterprise value of ITEC COMPONENTS LIMITED at £289 based on Net Assets of £162 and 1.79x industry multiple (adjusted for liquidity).
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Itec Components LimitedOverview
Itec Components Limited is a live company located in west yorkshire, HD1 1PA with a Companies House number of 04157098. It operates in the mixed farming sector, SIC Code 01500. Founded in February 2001, it's largest shareholder is
martin hutchison
with a 50% stake. Itec Components Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£289.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Itec Components Limited a 2 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 Rating2out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £289.7k, make it smaller than the average company (£1.4m)
£289.7k - Itec Components Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10%)
13% - Itec Components Limited
10% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
37.1% - Itec Components Limited
37.1% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (6%)
0.8% - Itec Components Limited
6% - Industry AVG
Employees
with 6 employees, this is below the industry average (14)
6 - Itec Components Limited
14 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
£44.7k - Itec Components Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.3k, this is less efficient (£122.9k)
£48.3k - Itec Components Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (41 days)
38 days - Itec Components Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (33 days)
25 days - Itec Components Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (57 days)
5 days - Itec Components Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is less cash available to meet short term requirements (17 weeks)
11 weeks - Itec Components Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (49.1%)
99.8% - Itec Components Limited
49.1% - Industry AVG
ITEC COMPONENTS LIMITED financials
EXPORT
Itec Components Limited's latest turnover from March 2024 is estimated at £289.7 thousand and the company has net assets of £162. According to their latest financial statements, Itec Components Limited has 6 employees and maintains cash reserves of £12.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
289,742
231,461
264,102
200,557
230,313
239,252
214,647
278,041
354,188
214,588
196,551
288,263
121,947
224,437
300,259
Other Income Or Grants
Cost Of Sales
182,127
135,983
157,192
116,840
128,906
130,958
113,906
148,777
187,667
113,619
103,279
139,568
58,565
111,612
150,667
Gross Profit
107,615
95,478
106,910
83,716
101,406
108,294
100,741
129,264
166,521
100,969
93,272
148,695
63,382
112,824
149,592
Admin Expenses
105,296
101,462
134,772
62,242
77,367
105,390
98,327
135,306
163,607
111,284
105,934
156,197
65,874
114,927
96,415
Operating Profit
2,319
-5,984
-27,862
21,474
24,039
2,904
2,414
-6,042
2,914
-10,315
-12,662
-7,502
-2,492
-2,103
53,177
Interest Payable
3,191
3,948
3,165
1,525
Interest Receivable
889
458
273
48
21
154
74
20
89
126
102
119
87
44
35
Pre-Tax Profit
17
-9,473
-30,754
19,998
24,060
3,058
2,488
-6,022
3,003
-10,189
-12,560
-7,383
-2,405
-2,059
53,213
Tax
-4
-3,800
-4,571
-581
-473
-600
-14,899
Profit After Tax
13
-9,473
-30,754
16,198
19,489
2,477
2,015
-6,022
2,402
-10,189
-12,560
-7,383
-2,405
-2,059
38,313
Dividends Paid
Retained Profit
13
-9,473
-30,754
16,198
19,489
2,477
2,015
-6,022
2,402
-10,189
-12,560
-7,383
-2,405
-2,059
38,313
Employee Costs
268,237
244,716
191,665
178,129
179,363
190,879
187,608
275,291
334,773
85,349
82,006
119,170
39,430
75,903
114,055
Number Of Employees
6
6
5
5
5
5
5
7
8
2
2
3
1
2
3
EBITDA*
10,456
6,284
-12,108
32,730
28,494
3,141
2,652
-5,804
5,567
-7,493
-10,348
-5,250
107
-1,118
54,794
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
21,605
34,915
46,834
33,603
12,652
237
474
712
1,892
4,545
7,367
6,395
8,647
2,266
3,251
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
21,605
34,915
46,834
33,603
12,652
237
474
712
1,892
4,545
7,367
6,395
8,647
2,266
3,251
Stock & work in progress
2,982
6,365
5,090
7,825
3,964
4,925
4,779
4,438
3,999
6,367
6,752
77,323
14,622
36,433
14,686
Trade Debtors
30,221
18,270
45,908
25,637
40,427
36,710
27,311
30,352
31,789
33,685
30,429
29,570
18,093
38,929
58,879
Group Debtors
4,405
Misc Debtors
6,927
4,460
5,879
5,478
1,849
2,981
451
412
397
Cash
12,456
21,424
140
72,667
23,721
18,317
22,682
6,782
9,528
25,895
24,595
16,360
31,314
3,319
14,107
misc current assets
total current assets
52,586
50,519
57,017
111,607
69,961
62,933
55,223
41,984
50,118
65,947
61,776
123,253
64,029
78,681
87,672
total assets
74,191
85,434
103,851
145,210
82,613
63,170
55,697
42,696
52,010
70,492
69,143
129,648
72,676
80,947
90,923
Bank overdraft
10,378
7,906
Bank loan
9,934
9,851
Trade Creditors
12,958
4,103
10,520
4,993
2,674
8,982
10,435
9,595
13,552
66,175
54,237
102,507
37,857
44,593
52,510
Group/Directors Accounts
281
10,757
9,255
245
14,929
2,113
other short term finances
hp & lease commitments
other current liabilities
33,477
41,309
30,741
32,699
44,269
49,254
28,121
30,791
32,239
total current liabilities
56,369
55,263
51,920
56,355
56,198
58,481
53,485
42,499
45,791
66,175
54,237
102,507
37,857
44,593
52,510
loans
13,555
23,388
33,411
42,094
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
4,105
6,634
8,898
6,385
2,237
500
900
575
870
total long term liabilities
17,660
30,022
42,309
48,479
2,237
500
900
575
870
total liabilities
74,029
85,285
94,229
104,834
58,435
58,481
53,485
42,499
45,791
66,675
55,137
103,082
38,727
44,593
52,510
net assets
162
149
9,622
40,376
24,178
4,689
2,212
197
6,219
3,817
14,006
26,566
33,949
36,354
38,413
total shareholders funds
162
149
9,622
40,376
24,178
4,689
2,212
197
6,219
3,817
14,006
26,566
33,949
36,354
38,413
Mar 2024
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
2,319
-5,984
-27,862
21,474
24,039
2,904
2,414
-6,042
2,914
-10,315
-12,662
-7,502
-2,492
-2,103
53,177
Depreciation
8,137
12,268
15,754
11,256
4,455
237
238
238
2,653
2,822
2,314
2,252
2,599
985
1,617
Amortisation
Tax
-4
-3,800
-4,571
-581
-473
-600
-14,899
Stock
-3,383
1,275
-2,735
3,861
-961
146
341
439
-2,368
-385
-70,571
62,701
-21,811
21,747
14,686
Debtors
14,418
-29,057
20,672
-11,161
2,585
11,929
-3,002
-5,827
2,906
3,256
859
11,477
-20,836
-19,950
58,879
Creditors
8,855
-6,417
5,527
2,319
-6,308
-1,453
840
-3,957
-52,623
11,938
-48,270
64,650
-6,736
-7,917
52,510
Accruals and Deferred Income
-7,832
10,568
-1,958
-11,570
-4,985
21,133
-2,670
-1,448
32,239
Deferred Taxes & Provisions
-2,529
-2,264
2,513
4,148
2,237
-500
-400
325
-295
870
Cash flow from operations
-2,089
35,953
-23,963
31,127
13,243
10,165
3,010
-5,821
-16,455
1,174
11,419
-15,073
36,888
-10,832
18,840
Investing Activities
capital expenditure
5,173
-349
-28,985
-32,207
-16,870
942
-3,286
-8,980
-4,868
Change in Investments
cash flow from investments
5,173
-349
-28,985
-32,207
-16,870
942
-3,286
-8,980
-4,868
Financing Activities
Bank loans
83
9,851
Group/Directors Accounts
-281
-10,476
1,502
9,010
-14,684
12,816
2,113
Other Short Term Loans
Long term loans
-9,833
-10,023
-8,683
42,094
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-2,302
-3,490
-2,892
-1,477
21
154
74
20
89
126
102
119
87
44
35
cash flow from financing
-12,052
-3,943
-22,051
42,119
9,031
-14,530
12,890
2,133
89
126
102
119
87
44
135
cash and cash equivalents
cash
-8,968
21,284
-72,527
48,946
5,404
-4,365
15,900
-2,746
-16,367
1,300
8,235
-14,954
27,995
-10,788
14,107
overdraft
-10,378
2,472
7,906
change in cash
-8,968
31,662
-74,999
41,040
5,404
-4,365
15,900
-2,746
-16,367
1,300
8,235
-14,954
27,995
-10,788
14,107
itec components 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 itec components limited. Get real-time insights into itec components limited's credit score, group structure and payment trends.
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itec components limited Ownership
ITEC COMPONENTS LIMITED group structure
Itec Components Limited has no subsidiary companies.
The largest shareholders in Itec Components Limited include Martin Hutchison and Andrew Greenwood.
martin hutchison
50%
andrew greenwood
50%
itec components limited directors
Itec Components Limited currently has 2 directors.
The longest serving directors include
Mr Andrew Greenwood (Mar 2001) and
Mr Martin Hutchison (Mar 2001).
35 westgate, huddersfield, west yorkshire, HD1 1PA
Bank
BARCLAYS BANK PLC
Legal Advisor
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itec components 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 itec components limited. Currently there are 1 open charges and 0 have been satisfied in the past.
itec components 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 ITEC COMPONENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
itec components limitedCompanies House Filings - See Documents
