ikon homes limited
ikon homes limited Company Information
Company Number
04417302
Next Accounts
27 days late
Directors
Shareholders
khalid minhas
fakir minhas
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
25-29 green lane, small heath, birmingham, B9 5BU
Website
www.ikonhome.co.ukikon homes limited Estimated Valuation
Pomanda estimates the enterprise value of IKON HOMES LIMITED at £938.9k based on a Turnover of £300.7k and 3.12x industry multiple (adjusted for size and gross margin).
ikon homes limited Estimated Valuation
Pomanda estimates the enterprise value of IKON HOMES LIMITED at £788.3k based on an EBITDA of £122.7k and a 6.43x industry multiple (adjusted for size and gross margin).
ikon homes limited Estimated Valuation
Pomanda estimates the enterprise value of IKON HOMES LIMITED at £0 based on Net Assets of £-66.8k and 1.68x industry multiple (adjusted for liquidity).
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Ikon Homes Limited Overview
Ikon Homes Limited is a live company located in birmingham, B9 5BU with a Companies House number of 04417302. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2002, it's largest shareholder is khalid minhas with a 50% stake. Ikon Homes Limited is a mature, micro sized company, Pomanda has estimated its turnover at £300.7k with declining growth in recent years.
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Ikon Homes Limited Health Check
Pomanda's financial health check has awarded Ikon Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £300.7k, make it smaller than the average company (£812.2k)
- Ikon Homes Limited
£812.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.1%)
- Ikon Homes Limited
2.1% - Industry AVG
Production
with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)
- Ikon Homes Limited
70.4% - Industry AVG
Profitability
an operating margin of 40.8% make it more profitable than the average company (29.1%)
- Ikon Homes Limited
29.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ikon Homes Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Ikon Homes Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £150.3k, this is less efficient (£183.9k)
- Ikon Homes Limited
£183.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ikon Homes Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ikon Homes Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1848 days, this is more than average (248 days)
- Ikon Homes Limited
248 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (10 weeks)
21 weeks - Ikon Homes Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (66.3%)
104.8% - Ikon Homes Limited
66.3% - Industry AVG
IKON HOMES LIMITED financials
Ikon Homes Limited's latest turnover from April 2023 is estimated at £300.7 thousand and the company has net assets of -£66.8 thousand. According to their latest financial statements, Ikon Homes Limited has 2 employees and maintains cash reserves of £609.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 903 | 1,204 | 1,605 | 2,140 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 903 | 1,204 | 1,605 | 2,140 |
| Stock & work in progress | 450,000 | 450,000 | 625,000 | 625,000 | 625,000 | 625,000 | 625,000 | 625,000 | 0 | 0 | 0 | 209,463 | 209,463 | 209,463 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208,567 | 211,564 | 220,286 | 230,511 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 344,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 609,191 | 1,070,794 | 65,146 | 2,990 | 27,412 | 1,056 | 1,178 | 399 | 5,478 | 890 | 399 | 6,091 | 6,091 | 26,091 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,403,451 | 1,520,794 | 690,146 | 627,990 | 652,412 | 626,056 | 626,178 | 625,399 | 5,478 | 890 | 208,966 | 427,118 | 435,840 | 466,065 |
| total assets | 1,403,451 | 1,520,794 | 690,146 | 627,990 | 652,412 | 626,056 | 626,178 | 625,399 | 5,478 | 890 | 209,869 | 428,322 | 437,445 | 468,205 |
| 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 | 0 | 223,634 | 216,360 | 387,002 | 349,316 | 321,999 | 307,169 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1,470,201 | 1,706,322 | 1,393,905 | 952,103 | 707,443 | 517,384 | 448,455 | 373,634 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,470,201 | 1,706,322 | 1,393,905 | 952,103 | 707,443 | 517,384 | 448,455 | 373,634 | 223,634 | 216,360 | 387,002 | 349,316 | 321,999 | 307,169 |
| loans | 0 | 0 | 0 | 368,329 | 606,207 | 734,983 | 757,983 | 773,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 865,515 | 865,515 | 883,729 | 1,135,397 | 1,133,966 | 1,147,422 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 368,329 | 606,207 | 734,983 | 757,983 | 773,783 | 865,515 | 865,515 | 883,729 | 1,135,397 | 1,133,966 | 1,147,422 |
| total liabilities | 1,470,201 | 1,706,322 | 1,393,905 | 1,320,432 | 1,313,650 | 1,252,367 | 1,206,438 | 1,147,417 | 1,089,149 | 1,081,875 | 1,270,731 | 1,484,713 | 1,455,965 | 1,454,591 |
| net assets | -66,750 | -185,528 | -703,759 | -692,442 | -661,238 | -626,311 | -580,260 | -522,018 | -1,083,671 | -1,080,985 | -1,060,862 | -1,056,391 | -1,018,520 | -986,386 |
| total shareholders funds | -66,750 | -185,528 | -703,759 | -692,442 | -661,238 | -626,311 | -580,260 | -522,018 | -1,083,671 | -1,080,985 | -1,060,862 | -1,056,391 | -1,018,520 | -986,386 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 903 | 301 | 401 | 535 | 713 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | -175,000 | 0 | 0 | 0 | 0 | 0 | 625,000 | 0 | 0 | -209,463 | 0 | 0 | 209,463 |
| Debtors | 344,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -208,567 | -2,997 | -8,722 | -10,225 | 230,511 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -223,634 | 7,274 | -170,642 | 37,686 | 27,317 | 14,830 | 307,169 |
| Accruals and Deferred Income | -236,121 | 312,417 | 441,802 | 244,660 | 190,059 | 68,929 | 74,821 | 373,634 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -368,329 | -237,878 | -128,776 | -23,000 | -15,800 | 773,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -865,515 | 0 | -18,214 | -251,668 | 1,431 | -13,456 | 1,147,422 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -461,603 | 1,005,648 | 62,156 | -24,422 | 26,356 | -122 | 779 | -5,079 | 4,588 | 491 | -5,692 | 0 | -20,000 | 26,091 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -461,603 | 1,005,648 | 62,156 | -24,422 | 26,356 | -122 | 779 | -5,079 | 4,588 | 491 | -5,692 | 0 | -20,000 | 26,091 |
ikon homes limited Credit Report and Business Information
Ikon Homes Limited Competitor Analysis
Perform a competitor analysis for ikon homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B 9 area or any other competitors across 12 key performance metrics.
ikon homes limited Ownership
IKON HOMES LIMITED group structure
Ikon Homes Limited has no subsidiary companies.
Ultimate parent company
IKON HOMES LIMITED
04417302
ikon homes limited directors
Ikon Homes Limited currently has 1 director, Mr Khalid Minhas serving since Feb 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khalid Minhas | United Kingdom | 63 years | Feb 2003 | - | Director |
P&L
April 2023turnover
300.7k
+6%
operating profit
122.7k
0%
gross margin
70.5%
+1.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-66.8k
-0.64%
total assets
1.4m
-0.08%
cash
609.2k
-0.43%
net assets
Total assets minus all liabilities
Similar Companies
ikon homes limited company details
company number
04417302
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
April 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
25-29 green lane, small heath, birmingham, B9 5BU
Bank
-
Legal Advisor
-
ikon homes 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 ikon homes limited. Currently there are 6 open charges and 0 have been satisfied in the past.
ikon homes 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 IKON HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
ikon homes limited Companies House Filings - See Documents
| date | description | view/download |
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