ideate ltd
ideate ltd Company Information
Company Number
04664946
Next Accounts
Mar 2025
Directors
Shareholders
faida burdett
crispin burdett
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
6 millman court millman street, london, WC1N 3EN
Website
www.ideateinc.comideate ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEATE LTD at £51.5k based on a Turnover of £132.5k and 0.39x industry multiple (adjusted for size and gross margin).
ideate ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEATE LTD at £0 based on an EBITDA of £-20.8k and a 3.13x industry multiple (adjusted for size and gross margin).
ideate ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEATE LTD at £0 based on Net Assets of £-20.8k and 2.66x industry multiple (adjusted for liquidity).
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Ideate Ltd Overview
Ideate Ltd is a live company located in london, WC1N 3EN with a Companies House number of 04664946. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 2003, it's largest shareholder is faida burdett with a 50% stake. Ideate Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £132.5k with declining growth in recent years.
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Ideate Ltd Health Check
Pomanda's financial health check has awarded Ideate Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £132.5k, make it smaller than the average company (£462.1k)
- Ideate Ltd
£462.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (6.6%)
- Ideate Ltd
6.6% - Industry AVG
Production
with a gross margin of 26.5%, this company has a higher cost of product (59%)
- Ideate Ltd
59% - Industry AVG
Profitability
an operating margin of -15.7% make it less profitable than the average company (8%)
- Ideate Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Ideate Ltd
5 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Ideate Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £132.5k, this is equally as efficient (£121.5k)
- Ideate Ltd
£121.5k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (67 days)
- Ideate Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 265 days, this is slower than average (28 days)
- Ideate Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ideate Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ideate Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.6%, this is a higher level of debt than the average (55.9%)
141.6% - Ideate Ltd
55.9% - Industry AVG
IDEATE LTD financials
Ideate Ltd's latest turnover from June 2023 is estimated at £132.5 thousand and the company has net assets of -£20.8 thousand. According to their latest financial statements, we estimate that Ideate Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Feb 2011 | Feb 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 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 590 | 2,567 | 2,013 | 4,482 | 5,602 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 590 | 2,567 | 2,013 | 4,482 | 5,602 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 50,122 | 193,425 | 208,425 | 131,171 | 197,584 | 99,601 | 37,800 | 48,250 | 20,800 | 13,325 | 19,049 | 21,926 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 39,628 | 5,099 | 5,619 | 18,380 | 42,116 | 69,736 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 31,046 | 0 | 0 | 0 | 25,000 | 0 |
| total current assets | 50,122 | 193,425 | 208,425 | 131,171 | 197,584 | 99,601 | 108,474 | 53,349 | 26,419 | 31,705 | 86,165 | 91,662 |
| total assets | 50,122 | 193,425 | 208,425 | 131,171 | 197,584 | 99,601 | 108,474 | 53,939 | 28,986 | 33,718 | 90,647 | 97,264 |
| Bank overdraft | 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 |
| Trade Creditors | 70,955 | 97,849 | 75,412 | 71,625 | 110,359 | 50,659 | 57,147 | 22,477 | 10,626 | 15,132 | 14,157 | 15,030 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 767 | 891 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 70,955 | 97,849 | 75,412 | 71,625 | 110,359 | 50,659 | 57,147 | 22,477 | 10,626 | 15,899 | 15,048 | 15,030 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 70,955 | 97,849 | 75,412 | 71,625 | 110,359 | 50,659 | 57,147 | 22,477 | 10,626 | 15,899 | 15,048 | 15,030 |
| net assets | -20,833 | 95,576 | 133,013 | 59,546 | 87,225 | 48,942 | 51,327 | 31,462 | 18,360 | 17,819 | 75,599 | 82,234 |
| total shareholders funds | -20,833 | 95,576 | 133,013 | 59,546 | 87,225 | 48,942 | 51,327 | 31,462 | 18,360 | 17,819 | 75,599 | 82,234 |
| Jun 2023 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 590 | 1,527 | 1,006 | 3,351 | 3,520 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 50,122 | -15,000 | 77,254 | -66,413 | 97,983 | 61,801 | -10,450 | 27,450 | 7,475 | -5,724 | -2,877 | 21,926 |
| Creditors | 70,955 | 22,437 | 3,787 | -38,734 | 59,700 | -6,488 | 34,670 | 11,851 | -4,506 | 975 | -873 | 15,030 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -767 | -124 | 891 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -39,628 | 34,529 | -520 | -12,761 | -23,736 | -27,620 | 69,736 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -39,628 | 34,529 | -520 | -12,761 | -23,736 | -27,620 | 69,736 |
ideate ltd Credit Report and Business Information
Ideate Ltd Competitor Analysis
Perform a competitor analysis for ideate ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WC1N area or any other competitors across 12 key performance metrics.
ideate ltd Ownership
IDEATE LTD group structure
Ideate Ltd has no subsidiary companies.
Ultimate parent company
IDEATE LTD
04664946
ideate ltd directors
Ideate Ltd currently has 1 director, Mr Crispin Burdett serving since Feb 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Crispin Burdett | England | 58 years | Feb 2003 | - | Director |
P&L
June 2023turnover
132.5k
0%
operating profit
-20.8k
0%
gross margin
26.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-20.8k
0%
total assets
50.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
ideate ltd company details
company number
04664946
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
6 millman court millman street, london, WC1N 3EN
Bank
-
Legal Advisor
-
ideate 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 did not find charges/mortgages relating to ideate ltd.
ideate 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.
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ideate ltd Companies House Filings - See Documents
| date | description | view/download |
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