i-neda ltd
i-neda ltd Company Information
Company Number
04549055
Next Accounts
Sep 2025
Shareholders
arena racing corporation limited
iiu nominees limited (ireland)
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
the hub fowler avenue, iq farnborough, farnborough, hampshire, GU14 7JP
Website
http://i-neda.comi-neda ltd Estimated Valuation
Pomanda estimates the enterprise value of I-NEDA LTD at £2.2m based on a Turnover of £2.8m and 0.77x industry multiple (adjusted for size and gross margin).
i-neda ltd Estimated Valuation
Pomanda estimates the enterprise value of I-NEDA LTD at £931.9k based on an EBITDA of £177.9k and a 5.24x industry multiple (adjusted for size and gross margin).
i-neda ltd Estimated Valuation
Pomanda estimates the enterprise value of I-NEDA LTD at £3.3m based on Net Assets of £1.5m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
I-neda Ltd Overview
I-neda Ltd is a live company located in farnborough, GU14 7JP with a Companies House number of 04549055. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2002, it's largest shareholder is arena racing corporation limited with a 45% stake. I-neda Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.
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I-neda Ltd Health Check
Pomanda's financial health check has awarded I-Neda Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£7.4m)
- I-neda Ltd
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8%)
- I-neda Ltd
8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
- I-neda Ltd
51.7% - Industry AVG
Profitability
an operating margin of 6.2% make it more profitable than the average company (3.5%)
- I-neda Ltd
3.5% - Industry AVG
Employees
with 18 employees, this is below the industry average (43)
18 - I-neda Ltd
43 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
- I-neda Ltd
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £155.5k, this is equally as efficient (£178.1k)
- I-neda Ltd
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (52 days)
- I-neda Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- I-neda Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I-neda Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 219 weeks, this is more cash available to meet short term requirements (14 weeks)
219 weeks - I-neda Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.1%, this is a lower level of debt than the average (64.7%)
15.1% - I-neda Ltd
64.7% - Industry AVG
I-NEDA LTD financials
I-Neda Ltd's latest turnover from December 2023 is estimated at £2.8 million and the company has net assets of £1.5 million. According to their latest financial statements, I-Neda Ltd has 18 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 18 | 17 | 18 | 20 | 20 | 25 | 21 | 15 | 15 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,570 | 8,496 | 3,426 | 6,769 | 24,698 | 66,128 | 118,115 | 142,959 | 6,238 | 7,775 | 12,129 | 20,411 | 26,966 | 14,418 | 24,730 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 10,012 | 10,012 | 10,012 | 10,012 | 10,012 | 11 | 11 | 11 | 23 | 22 | 22 | 10 | 10 | 10 | 10 |
| Debtors (Due After 1 year) | 12,849 | 12,849 | 12,849 | 52,278 | 46,250 | 12,849 | 12,849 | 12,849 | |||||||
| Total Fixed Assets | 24,582 | 31,357 | 26,287 | 29,630 | 34,710 | 66,139 | 118,126 | 195,248 | 52,511 | 20,646 | 25,000 | 33,270 | 26,976 | 14,428 | 24,740 |
| Stock & work in progress | 12,903 | 40,000 | |||||||||||||
| Trade Debtors | 497,538 | 185,629 | 215,405 | 213,201 | 228,302 | 116,748 | 275,806 | 245,590 | 169,575 | 318,438 | 374,891 | 420,641 | 416,393 | 188,834 | 131,392 |
| Group Debtors | 84,875 | 84,875 | 160,000 | 160,055 | 102,819 | 95,350 | 184,256 | 285,861 | |||||||
| Misc Debtors | 75,584 | 73,840 | 39,332 | 33,839 | 97,280 | 616,455 | 370,624 | 312,654 | 177,746 | ||||||
| Cash | 1,053,218 | 1,326,661 | 766,480 | 655,453 | 209,703 | 561,059 | 755,057 | 609,981 | 356,098 | 445,600 | 136,992 | 131,271 | 42,730 | 682 | 24,977 |
| misc current assets | |||||||||||||||
| total current assets | 1,711,215 | 1,671,005 | 1,181,217 | 1,062,548 | 535,285 | 1,397,081 | 1,496,837 | 1,352,481 | 989,280 | 764,038 | 511,883 | 551,912 | 459,123 | 202,419 | 196,369 |
| total assets | 1,735,797 | 1,702,362 | 1,207,504 | 1,092,178 | 569,995 | 1,463,220 | 1,614,963 | 1,547,729 | 1,041,791 | 784,684 | 536,883 | 585,182 | 486,099 | 216,847 | 221,109 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,197 | 3,853 | 88,350 | 64,412 | 14,321 | 121,511 | 96,047 | 87,205 | 434,188 | 309,449 | 522,545 | 493,562 | 747,336 | 339,151 | |
| Group/Directors Accounts | 4,974 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 247,608 | 390,963 | 306,912 | 321,935 | 138,927 | 354,490 | 328,961 | 1,013,061 | 325,971 | ||||||
| total current liabilities | 249,805 | 394,816 | 311,886 | 410,285 | 203,339 | 368,811 | 450,472 | 1,109,108 | 413,176 | 434,188 | 309,449 | 522,545 | 493,562 | 747,336 | 339,151 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 23,562 | 72,683 | 697,808 | 657,808 | 617,808 | 500,000 | 500,000 | 120,000 | |||||||
| provisions | 12,432 | 11,204 | 10,150 | 10,676 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 19,357 | 10,000 | 10,000 | 10,000 | 10,000 |
| total long term liabilities | 12,432 | 11,204 | 10,150 | 10,676 | 10,000 | 10,000 | 33,562 | 82,683 | 707,808 | 667,808 | 637,165 | 510,000 | 510,000 | 10,000 | 130,000 |
| total liabilities | 262,237 | 406,020 | 322,036 | 420,961 | 213,339 | 378,811 | 484,034 | 1,191,791 | 1,120,984 | 1,101,996 | 946,614 | 1,032,545 | 1,003,562 | 757,336 | 469,151 |
| net assets | 1,473,560 | 1,296,342 | 885,468 | 671,217 | 356,656 | 1,084,409 | 1,130,929 | 355,938 | -79,193 | -317,312 | -409,731 | -447,363 | -517,463 | -540,489 | -248,042 |
| total shareholders funds | 1,473,560 | 1,296,342 | 885,468 | 671,217 | 356,656 | 1,084,409 | 1,130,929 | 355,938 | -79,193 | -317,312 | -409,731 | -447,363 | -517,463 | -540,489 | -248,042 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,032 | 1,649 | 5,201 | 19,794 | 41,714 | 53,584 | 57,173 | 49,488 | 3,980 | 10,811 | 9,927 | 10,375 | 17,786 | 13,243 | 18,889 |
| Amortisation | 6,250 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | -12,903 | -27,097 | 40,000 | ||||||||||||
| Debtors | 300,804 | -70,393 | 7,642 | 94,362 | -416,198 | 94,242 | -52,998 | 115,346 | 348,145 | -56,453 | -45,750 | 17,097 | 227,559 | 57,442 | 131,392 |
| Creditors | -1,656 | 3,853 | -88,350 | 23,938 | -57,099 | -107,190 | 25,464 | 8,842 | -346,983 | 124,739 | -213,096 | 28,983 | -253,774 | 408,185 | 339,151 |
| Accruals and Deferred Income | -143,355 | 84,051 | -15,023 | 183,008 | -190,034 | 25,529 | -684,100 | 687,090 | 325,971 | ||||||
| Deferred Taxes & Provisions | 1,228 | 1,054 | -526 | 676 | -9,357 | 9,357 | 10,000 | ||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 10,001 | -12 | 1 | 12 | 10 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,974 | 4,974 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -23,562 | -23,562 | -49,121 | -625,125 | 40,000 | 40,000 | 117,808 | 500,000 | -120,000 | 120,000 | |||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -273,443 | 560,181 | 111,027 | 445,750 | -545,354 | -193,998 | 145,076 | 253,883 | -89,502 | 308,608 | 5,721 | 88,541 | 42,048 | -24,295 | 24,977 |
| overdraft | |||||||||||||||
| change in cash | -273,443 | 560,181 | 111,027 | 445,750 | -545,354 | -193,998 | 145,076 | 253,883 | -89,502 | 308,608 | 5,721 | 88,541 | 42,048 | -24,295 | 24,977 |
i-neda ltd Credit Report and Business Information
I-neda Ltd Competitor Analysis
Perform a competitor analysis for i-neda ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GU14 area or any other competitors across 12 key performance metrics.
i-neda ltd Ownership
I-NEDA LTD group structure
I-Neda Ltd has 2 subsidiary companies.
Ultimate parent company
I-NEDA LTD
04549055
2 subsidiaries
i-neda ltd directors
I-Neda Ltd currently has 5 directors. The longest serving directors include Mr Martin Pickering (Feb 2009) and Mr Martin Cruddace (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Pickering | United Kingdom | 59 years | Feb 2009 | - | Director |
| Mr Martin Cruddace | United Kingdom | 60 years | May 2019 | - | Director |
| Mr Martin Cruddace | United Kingdom | 60 years | May 2019 | - | Director |
| Mr Mark Kingston | United Kingdom | 61 years | Feb 2022 | - | Director |
| Mr Niall O'Heineachain | Ireland | 50 years | Jun 2023 | - | Director |
P&L
December 2023turnover
2.8m
+75%
operating profit
173.8k
0%
gross margin
51.8%
-1.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
+0.14%
total assets
1.7m
+0.02%
cash
1.1m
-0.21%
net assets
Total assets minus all liabilities
i-neda ltd company details
company number
04549055
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2002
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
MGI MIDGLEY SNELLING LLP
auditor
-
address
the hub fowler avenue, iq farnborough, farnborough, hampshire, GU14 7JP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
i-neda ltd 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 5 charges/mortgages relating to i-neda ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
i-neda ltd 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 I-NEDA LTD. This can take several minutes, an email will notify you when this has completed.
i-neda ltd Companies House Filings - See Documents
| date | description | view/download |
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