i2 analytical limited
i2 analytical limited Company Information
Company Number
04750390
Next Accounts
Sep 2025
Shareholders
leslie anthony jones
Group Structure
View All
Industry
Technical testing and analysis
Registered Address
7 woodshots meadow, croxley green business park, watford, hertfordshire, WD18 8YS
Website
www.i2analytical.comi2 analytical limited Estimated Valuation
Pomanda estimates the enterprise value of I2 ANALYTICAL LIMITED at £27.8m based on a Turnover of £22.1m and 1.26x industry multiple (adjusted for size and gross margin).
i2 analytical limited Estimated Valuation
Pomanda estimates the enterprise value of I2 ANALYTICAL LIMITED at £12m based on an EBITDA of £1.5m and a 8.11x industry multiple (adjusted for size and gross margin).
i2 analytical limited Estimated Valuation
Pomanda estimates the enterprise value of I2 ANALYTICAL LIMITED at £3.7m based on Net Assets of £1.4m and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
I2 Analytical Limited Overview
I2 Analytical Limited is a live company located in watford, WD18 8YS with a Companies House number of 04750390. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in May 2003, it's largest shareholder is leslie anthony jones with a 100% stake. I2 Analytical Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.1m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
I2 Analytical Limited Health Check
Pomanda's financial health check has awarded I2 Analytical Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £22.1m, make it larger than the average company (£5.2m)
£22.1m - I2 Analytical Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.5%)
3% - I2 Analytical Limited
4.5% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (44.7%)
39.6% - I2 Analytical Limited
44.7% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (4.3%)
-4.9% - I2 Analytical Limited
4.3% - Industry AVG
Employees
with 539 employees, this is above the industry average (38)
539 - I2 Analytical Limited
38 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has a lower pay structure (£45.9k)
£21.8k - I2 Analytical Limited
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £41.1k, this is less efficient (£106.4k)
£41.1k - I2 Analytical Limited
£106.4k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (58 days)
72 days - I2 Analytical Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (29 days)
47 days - I2 Analytical Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (21 days)
8 days - I2 Analytical Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - I2 Analytical Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.1%, this is a higher level of debt than the average (60.5%)
93.1% - I2 Analytical Limited
60.5% - Industry AVG
I2 ANALYTICAL LIMITED financials
I2 Analytical Limited's latest turnover from December 2023 is £22.1 million and the company has net assets of £1.4 million. According to their latest financial statements, I2 Analytical Limited has 539 employees and maintains cash reserves of £382 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,138,000 | 21,895,000 | 23,976,000 | 20,094,000 | 16,177,000 | 13,378,361 | 10,870,355 | 8,733,074 | |||||||
| Other Income Or Grants | 138,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 13,520,000 | 11,997,000 | 13,366,000 | 10,371,000 | 8,890,000 | 4,443,945 | 3,704,810 | 2,805,983 | |||||||
| Gross Profit | 8,756,000 | 9,898,000 | 10,610,000 | 9,723,000 | 7,287,000 | 8,934,416 | 7,165,545 | 5,927,091 | |||||||
| Admin Expenses | 9,831,000 | 9,011,000 | 10,483,000 | 8,752,000 | 8,031,000 | 7,705,864 | 6,768,541 | 5,273,910 | |||||||
| Operating Profit | -1,075,000 | 887,000 | 127,000 | 971,000 | -744,000 | 1,228,552 | 397,004 | 653,181 | |||||||
| Interest Payable | 914,000 | 584,000 | 572,000 | 454,000 | 408,000 | 183,445 | 121,101 | 56,841 | |||||||
| Interest Receivable | 0 | 0 | 0 | 1,000 | 2,000 | 585 | 13 | 137 | |||||||
| Pre-Tax Profit | -1,989,000 | 303,000 | -445,000 | 518,000 | -1,150,000 | 1,045,692 | 275,916 | 596,477 | |||||||
| Tax | 417,000 | -65,000 | -16,000 | -137,000 | 195,000 | -229,451 | -16,199 | 60,135 | |||||||
| Profit After Tax | -1,572,000 | 238,000 | -461,000 | 381,000 | -955,000 | 816,241 | 259,717 | 656,612 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | -1,572,000 | 238,000 | -461,000 | 381,000 | -955,000 | 816,241 | 259,717 | 656,612 | |||||||
| Employee Costs | 11,726,000 | 10,128,000 | 11,034,000 | 8,304,000 | 7,518,000 | 5,569,680 | 4,938,559 | 3,660,852 | |||||||
| Number Of Employees | 539 | 552 | 617 | 459 | 391 | 286 | 241 | 216 | 175 | ||||||
| EBITDA* | 1,476,000 | 3,455,000 | 2,859,000 | 3,353,000 | 1,339,000 | 2,385,381 | 1,135,158 | 1,108,570 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,062,000 | 2,333,000 | 11,090,000 | 10,045,000 | 10,160,000 | 4,213,037 | 3,376,528 | 2,778,559 | 1,659,576 | 1,196,134 | 1,032,942 | 506,605 | 508,021 | 458,897 | 401,612 |
| Intangible Assets | 8,233,000 | 7,024,000 | 851,000 | 619,000 | 814,000 | 180,751 | 19,996 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 3,000 | 0 | 0 | 0 | 2,879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,955 |
| Debtors (Due After 1 year) | 242,000 | 0 | 0 | 0 | 0 | 245,089 | 217,589 | 11,345 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,295,000 | 9,357,000 | 11,941,000 | 10,664,000 | 10,974,000 | 4,641,756 | 3,614,113 | 2,789,904 | 1,659,576 | 1,196,134 | 1,032,942 | 506,605 | 508,021 | 458,897 | 442,567 |
| Stock & work in progress | 297,000 | 272,000 | 455,000 | 396,000 | 234,000 | 206,136 | 217,732 | 124,102 | 18,813 | 23,221 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,394,000 | 4,336,000 | 4,540,000 | 4,567,000 | 4,241,000 | 3,150,190 | 2,901,907 | 2,113,215 | 1,898,011 | 1,353,618 | 1,020,018 | 697,987 | 475,583 | 571,253 | 338,129 |
| Group Debtors | 3,874,000 | 3,533,000 | 0 | 0 | 0 | 544,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 503,000 | 641,000 | 840,000 | 642,000 | 569,000 | 549,199 | 438,995 | 489,515 | 0 | 0 | 0 | 111,569 | 0 | 0 | 0 |
| Cash | 382,000 | 404,000 | 504,000 | 3,318,000 | 243,000 | 1,248,451 | 495,005 | 702,889 | 754,043 | 488,400 | 43,716 | 115,808 | 51,064 | 78,300 | 2,955 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,450,000 | 9,186,000 | 6,339,000 | 8,923,000 | 5,287,000 | 5,698,493 | 4,053,639 | 3,429,721 | 2,670,867 | 1,865,239 | 1,063,734 | 925,364 | 526,647 | 649,553 | 341,084 |
| total assets | 20,745,000 | 18,543,000 | 18,280,000 | 19,587,000 | 16,261,000 | 10,340,249 | 7,667,752 | 6,219,625 | 4,330,443 | 3,061,373 | 2,096,676 | 1,431,969 | 1,034,668 | 1,108,450 | 783,651 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 422,000 | 783,000 | 659,000 | 0 | 0 | 432,384 | 572,394 | 465,149 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,767,000 | 1,660,000 | 1,799,000 | 1,738,000 | 1,400,000 | 942,742 | 793,589 | 671,842 | 2,294,181 | 1,883,499 | 1,499,422 | 1,090,622 | 810,252 | 956,432 | 635,747 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 592,000 | 542,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,564,000 | 2,200,000 | 2,654,000 | 2,140,000 | 1,611,000 | 509,551 | 284,946 | 210,247 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,055,000 | 5,843,000 | 5,703,000 | 6,541,000 | 3,977,000 | 3,492,858 | 3,137,123 | 2,205,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 12,808,000 | 10,486,000 | 10,815,000 | 11,011,000 | 7,530,000 | 5,377,535 | 4,788,052 | 3,552,661 | 2,294,181 | 1,883,499 | 1,499,422 | 1,090,622 | 810,252 | 956,432 | 635,747 |
| loans | 13,012,000 | 9,750,000 | 12,906,000 | 14,006,000 | 15,086,000 | 1,245,233 | 916,435 | 927,930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,080,000 | 4,057,000 | 5,334,000 | 5,223,000 | 5,902,000 | 1,240,020 | 302,884 | 146,119 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 8,600 | 0 | 0 | 788,934 | 333,339 | 158,969 | 203,859 | 93,516 | 93,611 | 123,950 |
| provisions | 0 | 358,000 | 274,000 | 402,000 | 402,000 | 111,305 | 119,066 | 112,889 | 175,487 | 108,341 | 80,998 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,506,000 | 5,054,000 | 6,590,000 | 7,204,000 | 7,744,000 | 2,605,158 | 1,338,385 | 1,186,938 | 964,421 | 441,680 | 239,967 | 203,859 | 93,516 | 93,611 | 123,950 |
| total liabilities | 19,314,000 | 15,540,000 | 17,405,000 | 18,215,000 | 15,274,000 | 7,982,693 | 6,126,437 | 4,739,599 | 3,258,602 | 2,325,179 | 1,739,389 | 1,294,481 | 903,768 | 1,050,043 | 759,697 |
| net assets | 1,431,000 | 3,003,000 | 875,000 | 1,372,000 | 987,000 | 2,357,556 | 1,541,315 | 1,480,026 | 1,071,841 | 736,194 | 357,287 | 137,488 | 130,900 | 58,407 | 23,954 |
| total shareholders funds | 1,431,000 | 3,003,000 | 875,000 | 1,372,000 | 987,000 | 2,357,556 | 1,541,315 | 1,480,026 | 1,071,841 | 736,194 | 357,287 | 137,488 | 130,900 | 58,407 | 23,954 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,075,000 | 887,000 | 127,000 | 971,000 | -744,000 | 1,228,552 | 397,004 | 653,181 | |||||||
| Depreciation | 637,000 | 625,000 | 2,500,000 | 2,166,000 | 1,910,000 | 1,140,783 | 725,994 | 455,389 | 303,986 | 214,485 | 153,172 | 114,885 | 96,173 | 111,655 | 95,241 |
| Amortisation | 1,914,000 | 1,943,000 | 232,000 | 216,000 | 173,000 | 16,046 | 12,160 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 417,000 | -65,000 | -16,000 | -137,000 | 195,000 | -229,451 | -16,199 | 60,135 | |||||||
| Stock | 25,000 | -183,000 | 59,000 | 162,000 | 27,864 | -11,596 | 93,630 | 105,289 | -4,408 | 23,221 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 503,000 | 3,130,000 | 171,000 | 399,000 | 321,005 | 930,504 | 944,416 | 716,064 | 544,393 | 333,600 | 210,462 | 333,973 | -95,670 | 233,124 | 338,129 |
| Creditors | 107,000 | -139,000 | 61,000 | 338,000 | 457,258 | 149,153 | 121,747 | -1,622,339 | 410,682 | 384,077 | 408,800 | 280,370 | -146,180 | 320,685 | 635,747 |
| Accruals and Deferred Income | 3,212,000 | 140,000 | -838,000 | 2,564,000 | 484,142 | 355,735 | 931,700 | 2,205,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -358,000 | 84,000 | -128,000 | 0 | 290,695 | -7,761 | 6,177 | -62,598 | 67,146 | 27,343 | 80,998 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,326,000 | 528,000 | 1,708,000 | 5,557,000 | 2,417,226 | 1,734,149 | 1,140,537 | 867,838 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -2,021,027 | -1,356,119 | -1,194,729 | ||||||||||||
| Change in Investments | -3,000 | 3,000 | 0 | 0 | -2,879 | 2,879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,955 | 40,955 |
| cash flow from investments | -2,023,906 | -1,356,119 | -1,194,729 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -361,000 | 124,000 | 659,000 | 0 | -432,384 | -140,010 | 107,245 | 465,149 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -592,000 | 50,000 | 542,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,262,000 | -3,156,000 | -1,100,000 | -1,080,000 | 13,840,767 | 328,798 | -11,495 | 927,930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,387,000 | -1,731,000 | 625,000 | -150,000 | 5,763,429 | 1,161,741 | 231,464 | 356,366 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -8,600 | 8,600 | 0 | -788,934 | 455,595 | 174,370 | -44,890 | 110,343 | -95 | -30,339 | 123,950 |
| share issue | |||||||||||||||
| interest | -914,000 | -584,000 | -572,000 | -453,000 | -406,000 | -182,860 | -121,088 | -56,704 | |||||||
| cash flow from financing | 3,374,000 | -3,457,000 | -1,016,000 | -1,629,000 | 18,883,656 | 1,176,269 | 7,698 | 655,380 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -22,000 | -100,000 | -2,814,000 | 3,075,000 | -1,005,451 | 753,446 | -207,884 | -51,154 | 265,643 | 444,684 | -72,092 | 64,744 | -27,236 | 75,345 | 2,955 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -22,000 | -100,000 | -2,814,000 | 3,075,000 | -1,005,451 | 753,446 | -207,884 | -51,154 | 265,643 | 444,684 | -72,092 | 64,744 | -27,236 | 75,345 | 2,955 |
i2 analytical limited Credit Report and Business Information
I2 Analytical Limited Competitor Analysis
Perform a competitor analysis for i2 analytical limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WD18 area or any other competitors across 12 key performance metrics.
i2 analytical limited Ownership
I2 ANALYTICAL LIMITED group structure
I2 Analytical Limited has 1 subsidiary company.
i2 analytical limited directors
I2 Analytical Limited currently has 7 directors. The longest serving directors include Leslie Jones (May 2003) and Ms Britt Schuurs (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Leslie Jones | 57 years | May 2003 | - | Director | |
| Ms Britt Schuurs | England | 36 years | May 2023 | - | Director |
| Mr Robert Wolff | England | 50 years | May 2023 | - | Director |
| Mariska Van Schaik | England | 39 years | Dec 2023 | - | Director |
| Mr Robert Rowlands | 64 years | Nov 2024 | - | Director | |
| Mr Andrew Hockin | 54 years | Nov 2024 | - | Director | |
| Ms Agnieszka Pietrowska | 42 years | Dec 2024 | - | Director |
P&L
December 2023turnover
22.1m
+1%
operating profit
-1.1m
-221%
gross margin
39.6%
-12.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
-0.52%
total assets
20.7m
+0.12%
cash
382k
-0.05%
net assets
Total assets minus all liabilities
i2 analytical limited company details
company number
04750390
Type
Private limited with Share Capital
industry
71200 - Technical testing and analysis
incorporation date
May 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
7 woodshots meadow, croxley green business park, watford, hertfordshire, WD18 8YS
Bank
HSBC BANK PLC
Legal Advisor
-
i2 analytical 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 11 charges/mortgages relating to i2 analytical limited. Currently there are 5 open charges and 6 have been satisfied in the past.
i2 analytical 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 I2 ANALYTICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
i2 analytical limited Companies House Filings - See Documents
| date | description | view/download |
|---|
