inztec limited

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inztec limited Company Information

Share INZTEC LIMITED

Company Number

04353930

Shareholders

victoria pauline thornton

Group Structure

View All

Industry

Processing and preserving of poultry meat

 +2

Registered Address

duck nest farm cliffe lane, holme-on-spalding-moor, york, YO43 4EB

Website

-

inztec limited Estimated Valuation

£13.2m

Pomanda estimates the enterprise value of INZTEC LIMITED at £13.2m based on a Turnover of £23.7m and 0.56x industry multiple (adjusted for size and gross margin).

inztec limited Estimated Valuation

£8.4m

Pomanda estimates the enterprise value of INZTEC LIMITED at £8.4m based on an EBITDA of £1.8m and a 4.64x industry multiple (adjusted for size and gross margin).

inztec limited Estimated Valuation

£11.9m

Pomanda estimates the enterprise value of INZTEC LIMITED at £11.9m based on Net Assets of £5.7m and 2.08x industry multiple (adjusted for liquidity).

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Inztec Limited Overview

Inztec Limited is a live company located in york, YO43 4EB with a Companies House number of 04353930. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in January 2002, it's largest shareholder is victoria pauline thornton with a 100% stake. Inztec Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.7m with rapid growth in recent years.

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Inztec Limited Health Check

Pomanda's financial health check has awarded Inztec Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £23.7m, make it smaller than the average company (£35.3m)

£23.7m - Inztec Limited

£35.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 311%, show it is growing at a faster rate (8.8%)

311% - Inztec Limited

8.8% - Industry AVG

production

Production

with a gross margin of 10.1%, this company has a higher cost of product (16.8%)

10.1% - Inztec Limited

16.8% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it as profitable than the average company (3.1%)

2.9% - Inztec Limited

3.1% - Industry AVG

employees

Employees

with 23 employees, this is below the industry average (106)

23 - Inztec Limited

106 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.7k, the company has a higher pay structure (£38.6k)

£56.7k - Inztec Limited

£38.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1m, this is more efficient (£234.5k)

£1m - Inztec Limited

£234.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (40 days)

10 days - Inztec Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (30 days)

14 days - Inztec Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is less than average (14 days)

9 days - Inztec Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)

2 weeks - Inztec Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (60.4%)

76.8% - Inztec Limited

60.4% - Industry AVG

INZTEC LIMITED financials

EXPORTms excel logo

Inztec Limited's latest turnover from December 2023 is £23.7 million and the company has net assets of £5.7 million. According to their latest financial statements, Inztec Limited has 23 employees and maintains cash reserves of £752.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Apr 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover23,700,81328,500,1751,834,116340,931418,452606,327910,0251,291,9201,435,9481,989,9221,473,4841,410,6131,016,3191,127,6471,020,728
Other Income Or Grants000000000000000
Cost Of Sales21,319,63323,037,8141,515,929282,717351,738506,439755,1051,053,1581,161,3231,649,6451,241,0791,178,974836,161898,782837,292
Gross Profit2,381,1805,462,361318,18758,21466,71399,888154,920238,762274,625340,277232,404231,639180,158228,865183,436
Admin Expenses1,691,3921,199,513-2,906,600527,163436,185371,620103,296321,253253,327302,477216,240137,98369,565376,713-244,921
Operating Profit689,7884,262,8483,224,787-468,949-369,472-271,73251,624-82,49121,29837,80016,16493,656110,593-147,848428,357
Interest Payable1,75970100000105109000000
Interest Receivable5,43002247711389304222762763881864444
Pre-Tax Profit693,4594,262,1473,224,809-468,902-368,761-271,34351,927-82,57321,19137,87616,44194,043110,778-147,804428,401
Tax-179,131-1,160,869-612,714000-9,8660-4,238-7,575-3,453-22,570-28,8020-119,952
Profit After Tax514,3283,101,2782,612,095-468,902-368,761-271,34342,061-82,57316,95330,30112,98871,47381,976-147,804308,449
Dividends Paid000000000000000
Retained Profit514,3283,101,2782,612,095-468,902-368,761-271,34342,061-82,57316,95330,30112,98871,47381,976-147,804308,449
Employee Costs1,304,454887,636242,123134,90132,72063,69261,029234,642231,456291,492208,173184,702158,295183,357155,708
Number Of Employees231374122881187676
EBITDA*1,811,0794,985,4173,257,095-435,722-347,029-271,73291,979-32,11482,11485,01955,524145,397153,373-92,985508,091

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Apr 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets13,274,25512,005,63211,241,6176,807,2541,046,992117,369154,172201,501245,969294,285158,128208,100187,097229,877311,740
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets13,274,25512,005,63211,241,6176,807,2541,046,992117,369154,172201,501245,969294,285158,128208,100187,097229,877311,740
Stock & work in progress563,978335,414164,799000146,396150,408147,866144,16839,8980000
Trade Debtors663,58615,7392,1824,07169,70499,01646,08565,021101,544191,359189,391155,99799,50799,371124,782
Group Debtors9,285,3339,885,8547,271,203133,89212,2860000000000
Misc Debtors86,624218,224297,875104,601299,489013,53211,13688,694000000
Cash752,236115,1599,9037,29485,8050103,68017,741070029,61080,82574,248017,659
misc current assets0000000000133,5070000
total current assets11,351,75710,570,3907,745,962249,858467,28499,016309,693244,306338,104336,227392,406236,822173,75599,371142,441
total assets24,626,01222,576,02218,987,5797,057,1121,514,276216,385463,865445,807584,073630,512550,534444,922360,852329,248454,181
Bank overdraft000000003,345000000
Bank loan000000000000000
Trade Creditors 821,173359,050388,54824,51052,41070,49025,84347,94774,754198,213223,451127,077118,230161,935123,064
Group/Directors Accounts16,420,16515,022,03315,946,4517,324,1521,409,9240001,163000000
other short term finances000000000000000
hp & lease commitments29,46728,736000020,40020,40026,869000000
other current liabilities518,678956,21742,3887,28178,379063,50042,84032,803000000
total current liabilities17,789,48316,366,03616,377,3877,355,9431,540,71370,490109,743111,187138,934198,213223,451127,077118,230161,935123,064
loans000000000000000
hp & lease commitments20,05149,51700005,10025,50045,900000000
Accruals and Deferred Income0000073,480000000000
other liabilities00000000074,91503,75006,66722,667
provisions1,092,615950,934501,935205,0078,4999,93415,19717,35624,902000000
total long term liabilities1,112,6661,000,451501,935205,0078,49983,41420,29742,85670,80274,91503,75006,66722,667
total liabilities18,902,14917,366,48716,879,3227,560,9501,549,212153,904130,040154,043209,736273,128223,451130,827118,230168,602145,731
net assets5,723,8635,209,5352,108,257-503,838-34,93662,481333,825291,764374,337357,384327,083314,095242,622160,646308,450
total shareholders funds5,723,8635,209,5352,108,257-503,838-34,93662,481333,825291,764374,337357,384327,083314,095242,622160,646308,450
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Apr 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit689,7884,262,8483,224,787-468,949-369,472-271,73251,624-82,49121,29837,80016,16493,656110,593-147,848428,357
Depreciation1,121,291722,56932,30833,22722,443040,35550,37760,81647,21939,36051,74142,78054,86379,734
Amortisation000000000000000
Tax-179,131-1,160,869-612,714000-9,8660-4,238-7,575-3,453-22,570-28,8020-119,952
Stock228,564170,615164,7990-146,396-146,396-4,0122,5423,698104,27039,8980000
Debtors-84,2742,548,5577,328,696-138,915321,86239,399-16,540-114,081-1,1211,96833,39456,490136-25,411124,782
Creditors462,123-29,498364,038-27,90026,56744,647-22,104-26,807-123,459-25,23896,3748,847-43,70538,871123,064
Accruals and Deferred Income-437,539913,82935,107-71,09814,8799,98020,66010,03732,803000000
Deferred Taxes & Provisions141,681448,999296,928196,508-6,698-5,263-2,159-7,54624,902000000
Cash flow from operations1,653,9232,438,706-4,153,041-199,297-487,747-115,37199,06255,1099,545-54,03275,15375,18480,730-28,703386,421
Investing Activities
capital expenditure-2,389,914-1,486,584-4,466,671-5,793,489-915,26336,8036,974-5,909-12,500-183,37610,612-72,744027,000-391,474
Change in Investments000000000000000
cash flow from investments-2,389,914-1,486,584-4,466,671-5,793,489-915,26336,8036,974-5,909-12,500-183,37610,612-72,744027,000-391,474
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,398,132-924,4188,622,2995,914,2281,409,92400-1,1631,163000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-28,73578,25300-25,500-25,500-20,400-26,86972,769000000
other long term liabilities00000000-74,91574,915-3,7503,750-6,667-16,00022,667
share issue00000-1000000001
interest3,671-7012247711389304-83-107762763881864444
cash flow from financing1,373,068-846,8668,622,3215,914,2751,385,135-25,112-20,096-28,115-1,09074,991-3,4744,138-6,481-15,95622,712
cash and cash equivalents
cash637,077105,2562,609-78,511-17,875-103,68085,93917,741-700-28,910-51,2156,57774,248-17,65917,659
overdraft0000000-3,3453,345000000
change in cash637,077105,2562,609-78,511-17,875-103,68085,93921,086-4,045-28,910-51,2156,57774,248-17,65917,659

inztec limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Inztec Limited Competitor Analysis

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Perform a competitor analysis for inztec limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in YO43 area or any other competitors across 12 key performance metrics.

inztec limited Ownership

INZTEC LIMITED group structure

Inztec Limited has no subsidiary companies.

Ultimate parent company

INZTEC LIMITED

04353930

INZTEC LIMITED Shareholders

victoria pauline thornton 100%

inztec limited directors

Inztec Limited currently has 4 directors. The longest serving directors include Mrs Victoria Thornton (Jan 2018) and Mr Gary Hancock (Dec 2021).

officercountryagestartendrole
Mrs Victoria ThorntonEngland43 years Jan 2018- Director
Mr Gary HancockScotland62 years Dec 2021- Director
Mr Gary Hancock62 years Dec 2021- Director
Mr Patrick WalshEngland64 years Aug 2023- Director

P&L

December 2023

turnover

23.7m

-17%

operating profit

689.8k

-84%

gross margin

10.1%

-47.58%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

5.7m

+0.1%

total assets

24.6m

+0.09%

cash

752.2k

+5.53%

net assets

Total assets minus all liabilities

inztec limited company details

company number

04353930

Type

Private limited with Share Capital

industry

10110 - Processing and preserving of meat

10120 - Processing and preserving of poultry meat

39000 - Remediation activities and other waste management services.

incorporation date

January 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Medium Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

STREETS AUDIT LLP

address

duck nest farm cliffe lane, holme-on-spalding-moor, york, YO43 4EB

Bank

HSBC BANK PLC, HSBC BANK PLC

Legal Advisor

-

inztec 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 2 charges/mortgages relating to inztec limited. Currently there are 1 open charges and 1 have been satisfied in the past.

inztec 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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inztec limited Companies House Filings - See Documents

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