international compliance association limited
international compliance association limited Company Information
Group Structure
View All
Industry
Activities of professional membership organisations
+1Registered Address
suite 215/216, 2nd floor, fort d, fort parkway, birmingham, B24 9FD
Website
http://int-comp.orginternational compliance association limited Estimated Valuation
Pomanda estimates the enterprise value of INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED at £1.9m based on a Turnover of £3.6m and 0.54x industry multiple (adjusted for size and gross margin).
international compliance association limited Estimated Valuation
Pomanda estimates the enterprise value of INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED at £2.4m based on an EBITDA of £666.4k and a 3.59x industry multiple (adjusted for size and gross margin).
international compliance association limited Estimated Valuation
Pomanda estimates the enterprise value of INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED at £1.5m based on Net Assets of £811.2k and 1.87x industry multiple (adjusted for liquidity).
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International Compliance Association Limited Overview
International Compliance Association Limited is a live company located in birmingham, B24 9FD with a Companies House number of 04429302. It operates in the non-trading company sector, SIC Code 74990. Founded in May 2002, it's largest shareholder is unknown. International Compliance Association Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with rapid growth in recent years.
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International Compliance Association Limited Health Check
Pomanda's financial health check has awarded International Compliance Association Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.6m, make it larger than the average company (£2.1m)
£3.6m - International Compliance Association Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (3.4%)
38% - International Compliance Association Limited
3.4% - Industry AVG
Production
with a gross margin of 50.7%, this company has a comparable cost of product (55.4%)
50.7% - International Compliance Association Limited
55.4% - Industry AVG
Profitability
an operating margin of 18.3% make it more profitable than the average company (4.1%)
18.3% - International Compliance Association Limited
4.1% - Industry AVG
Employees
with 33 employees, this is above the industry average (26)
33 - International Compliance Association Limited
26 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£43k)
£35.5k - International Compliance Association Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £110.1k, this is equally as efficient (£125.7k)
£110.1k - International Compliance Association Limited
£125.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (33 days)
1 days - International Compliance Association Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (42 days)
0 days - International Compliance Association Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - International Compliance Association Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (73 weeks)
4 weeks - International Compliance Association Limited
73 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a higher level of debt than the average (36.9%)
67.4% - International Compliance Association Limited
36.9% - Industry AVG
INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED financials
International Compliance Association Limited's latest turnover from June 2023 is £3.6 million and the company has net assets of £811.2 thousand. According to their latest financial statements, International Compliance Association Limited has 33 employees and maintains cash reserves of £142.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,634,471 | 3,536,052 | 2,399,108 | 1,380,496 | 1,489,809 | 1,052,254 | 715,670 | 1,470,627 | 827,965 | 765,716 | 588,088 | 307,535 | 155,720 | 102,345 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,791,635 | 1,759,222 | 1,565,025 | 835,334 | 903,878 | 499,656 | 586,465 | 869,890 | 486,341 | 364,910 | 345,020 | 178,454 | 102,732 | 82,803 |
| Gross Profit | 1,842,836 | 1,776,830 | 834,083 | 545,162 | 585,931 | 552,598 | 129,205 | 600,737 | 341,624 | 400,806 | 243,068 | 129,081 | 52,988 | 19,542 |
| Admin Expenses | 1,176,440 | 1,221,480 | 1,086,643 | 590,368 | 639,818 | 353,686 | 415,135 | 615,763 | 344,263 | 258,306 | 244,227 | 12,616 | 7,829 | |
| Operating Profit | 666,396 | 555,350 | -252,560 | -45,206 | -53,887 | 198,912 | -285,930 | -15,026 | -2,639 | 142,500 | -1,159 | 40,372 | 11,713 | |
| Interest Payable | 205 | 930 | ||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 666,437 | 642,176 | -252,765 | -46,136 | -53,887 | 198,912 | -285,930 | -15,026 | -2,639 | 142,500 | -1,159 | -59,896 | 40,372 | 11,713 |
| Tax | -82,659 | -141,419 | 26,593 | -4,342 | 37,402 | -30,365 | 5,995 | -3,530 | 4,549 | -27,648 | -15,395 | 15,348 | -2,959 | -3,366 |
| Profit After Tax | 583,778 | 500,757 | -226,172 | -50,478 | -16,485 | 168,547 | -279,935 | -18,556 | 1,910 | 114,852 | -16,554 | -44,548 | 37,413 | 8,347 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 583,778 | 500,757 | -226,172 | -50,478 | -16,485 | 168,547 | -279,935 | -18,556 | 1,910 | 114,852 | -16,554 | -44,548 | 37,413 | 8,347 |
| Employee Costs | 1,171,256 | 960,465 | 574,088 | 562,217 | 604,419 | 545,688 | 692,700 | 472,510 | 190,637 | 131,166 | 148,102 | 123,536 | ||
| Number Of Employees | 33 | 33 | 19 | 18 | 19 | 17 | 19 | 14 | 10 | 7 | 5 | 5 | ||
| EBITDA* | 666,396 | 555,350 | -236,870 | -12,355 | -43,098 | 209,595 | -275,248 | -14,432 | -2,639 | 142,500 | -1,159 | 40,372 | 11,713 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,690 | 1,141 | 2,156 | 3,071 | 3,985 | |||||||||
| Intangible Assets | 9,774 | 19,542 | 29,310 | |||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 15,690 | 1,141 | 11,930 | 22,613 | 33,295 | |||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 10,139 | 52,959 | 112,904 | 192,194 | 343,277 | 233,827 | 153,144 | 34,066 | 33,436 | 37,580 | 28,403 | 32,390 | 23,031 | |
| Group Debtors | 2,315,557 | 1,404,300 | 873,931 | 732,036 | 669,733 | 808,480 | 403,360 | 400,660 | 522,223 | 377,006 | 243,707 | 186,366 | 206,450 | 157,932 |
| Misc Debtors | 17,123 | 26,580 | 97,800 | 62,336 | 76,355 | 42,503 | 80,351 | 230,571 | 9,533 | 24,055 | 4,483 | 13,987 | 3,989 | 791 |
| Cash | 142,376 | 141,743 | 218,173 | 319,630 | 125,511 | 73,578 | 5,998 | 1,786 | 3,449 | 2,390 | 105 | 182 | 1,609 | 894 |
| misc current assets | ||||||||||||||
| total current assets | 2,485,195 | 1,625,582 | 1,302,808 | 1,306,196 | 1,214,876 | 1,158,388 | 642,853 | 633,017 | 569,271 | 436,887 | 285,875 | 228,938 | 244,438 | 182,648 |
| total assets | 2,485,195 | 1,625,582 | 1,302,808 | 1,321,886 | 1,216,017 | 1,170,318 | 665,466 | 666,312 | 569,271 | 436,887 | 285,875 | 228,938 | 244,438 | 182,648 |
| Bank overdraft | 6,286 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 3,488 | 30,561 | 33,781 | 25,502 | 110,614 | 72,776 | 57,593 | 55,614 | 9,777 | 7,491 | 12,983 | 15,462 | 900 | 7,638 |
| Group/Directors Accounts | 460,272 | 380,706 | 396,805 | 461,625 | 104,147 | 136,994 | 4,662 | 1,683 | 24,596 | 14,715 | 373 | 61 | ||
| other short term finances | ||||||||||||||
| hp & lease commitments | 16,283 | |||||||||||||
| other current liabilities | 1,210,187 | 986,845 | 1,145,509 | 865,591 | 995,847 | 938,654 | 749,864 | 477,416 | 407,656 | 277,785 | 206,934 | 147,131 | 146,987 | 116,184 |
| total current liabilities | 1,673,947 | 1,398,112 | 1,576,095 | 1,369,001 | 1,210,608 | 1,148,424 | 812,119 | 533,030 | 417,433 | 286,959 | 250,799 | 177,308 | 148,260 | 123,883 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 1,673,947 | 1,398,112 | 1,576,095 | 1,369,001 | 1,210,608 | 1,148,424 | 812,119 | 533,030 | 417,433 | 286,959 | 250,799 | 177,308 | 148,260 | 123,883 |
| net assets | 811,248 | 227,470 | -273,287 | -47,115 | 5,409 | 21,894 | -146,653 | 133,282 | 151,838 | 149,928 | 35,076 | 51,630 | 96,178 | 58,765 |
| total shareholders funds | 811,248 | 227,470 | -273,287 | -47,115 | 5,409 | 21,894 | -146,653 | 133,282 | 151,838 | 149,928 | 35,076 | 51,630 | 96,178 | 58,765 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 666,396 | 555,350 | -252,560 | -45,206 | -53,887 | 198,912 | -285,930 | -15,026 | -2,639 | 142,500 | -1,159 | 40,372 | 11,713 | |
| Depreciation | 15,690 | 32,851 | 1,015 | 915 | 914 | 594 | ||||||||
| Amortisation | 9,774 | 9,768 | 9,768 | |||||||||||
| Tax | -82,659 | -141,419 | 26,593 | -4,342 | 37,402 | -30,365 | 5,995 | -3,530 | 4,549 | -27,648 | -15,395 | 15,348 | -2,959 | -3,366 |
| Stock | ||||||||||||||
| Debtors | 858,980 | 399,204 | 98,069 | -102,799 | 4,555 | 447,955 | 5,624 | 65,409 | 131,325 | 148,727 | 57,014 | -14,073 | 61,075 | 181,754 |
| Creditors | -27,073 | -3,220 | 8,279 | -85,112 | 37,838 | 15,183 | 1,979 | 45,837 | 2,286 | -5,492 | -2,479 | 14,562 | -6,738 | 7,638 |
| Accruals and Deferred Income | 223,342 | -158,664 | 279,918 | -130,256 | 57,193 | 188,790 | 272,448 | 69,760 | 129,871 | 70,851 | 59,803 | 144 | 30,803 | 116,184 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -78,974 | -147,157 | -20,149 | -129,266 | 84,780 | -64,752 | -450 | 32,226 | 31,484 | -16,244 | 403 | -49,585 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 79,566 | -16,099 | -64,820 | 357,478 | -32,847 | 132,332 | 4,662 | -1,683 | -22,913 | 9,881 | 14,342 | 312 | 61 | |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -16,283 | 16,283 | ||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -205 | -930 | ||||||||||||
| cash flow from financing | 79,566 | -16,099 | -81,308 | 370,785 | -32,847 | 132,332 | 4,662 | -1,683 | -22,913 | 9,881 | 14,342 | 312 | 50,479 | |
| cash and cash equivalents | ||||||||||||||
| cash | 633 | -76,430 | -101,457 | 194,119 | 51,933 | 67,580 | 4,212 | -1,663 | 1,059 | 2,285 | -77 | -1,427 | 715 | 894 |
| overdraft | -6,286 | 6,286 | ||||||||||||
| change in cash | 633 | -76,430 | -101,457 | 194,119 | 51,933 | 67,580 | 4,212 | -1,663 | 1,059 | 8,571 | -6,363 | -1,427 | 715 | 894 |
international compliance association limited Credit Report and Business Information
International Compliance Association Limited Competitor Analysis
Perform a competitor analysis for international compliance association limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B24 area or any other competitors across 12 key performance metrics.
international compliance association limited Ownership
INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED group structure
International Compliance Association Limited has no subsidiary companies.
Ultimate parent company
1 parent
INTERNATIONAL COMPLIANCE ASSOCIATION LIMITED
04429302
international compliance association limited directors
International Compliance Association Limited currently has 2 directors. The longest serving directors include Mr Mark Milner (Aug 2019) and Mr Guy Millward (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Milner | United Kingdom | 57 years | Aug 2019 | - | Director |
| Mr Guy Millward | 59 years | Dec 2020 | - | Director |
P&L
June 2023turnover
3.6m
+3%
operating profit
666.4k
+20%
gross margin
50.8%
+0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
811.2k
+2.57%
total assets
2.5m
+0.53%
cash
142.4k
0%
net assets
Total assets minus all liabilities
international compliance association limited company details
company number
04429302
Type
Private Ltd By Guarantee w/o Share Cap
industry
94120 - Activities of professional membership organisations
74990 - Non-trading company
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
international compliance association (June 2022)
accountant
-
auditor
-
address
suite 215/216, 2nd floor, fort d, fort parkway, birmingham, B24 9FD
Bank
BARCLAYS BANK PLC
Legal Advisor
OSBORNE CLARKE
international compliance association 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 did not find charges/mortgages relating to international compliance association limited.
international compliance association 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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international compliance association limited Companies House Filings - See Documents
| date | description | view/download |
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