old innserve limited
old innserve limited Company Information
Company Number
04990992
Website
http://innserveltd.co.ukRegistered Address
the old maltings, leeds road, tadcaster, north yorkshire, LS24 9HB
Industry
Repair of other equipment
Telephone
01937535000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
serviced dispense equipment (holdings) ltd 100%
old innserve limited Estimated Valuation
Pomanda estimates the enterprise value of OLD INNSERVE LIMITED at £30.4m based on a Turnover of £46.1m and 0.66x industry multiple (adjusted for size and gross margin).
old innserve limited Estimated Valuation
Pomanda estimates the enterprise value of OLD INNSERVE LIMITED at £490.4k based on an EBITDA of £88k and a 5.57x industry multiple (adjusted for size and gross margin).
old innserve limited Estimated Valuation
Pomanda estimates the enterprise value of OLD INNSERVE LIMITED at £6.9m based on Net Assets of £2m and 3.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Old Innserve Limited Overview
Old Innserve Limited is a live company located in tadcaster, LS24 9HB with a Companies House number of 04990992. It operates in the repair of other equipment sector, SIC Code 33190. Founded in December 2003, it's largest shareholder is serviced dispense equipment (holdings) ltd with a 100% stake. Old Innserve Limited is a mature, large sized company, Pomanda has estimated its turnover at £46.1m with high growth in recent years.
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Old Innserve Limited Health Check
Pomanda's financial health check has awarded Old Innserve Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £44.3m, make it larger than the average company (£2.8m)
£44.3m - Old Innserve Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.7%)
14% - Old Innserve Limited
2.7% - Industry AVG
Production
with a gross margin of 0.1%, this company has a higher cost of product (36.4%)
0.1% - Old Innserve Limited
36.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (7.6%)
0.1% - Old Innserve Limited
7.6% - Industry AVG
Employees
with 348 employees, this is above the industry average (14)
- Old Innserve Limited
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Old Innserve Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £127.4k, this is equally as efficient (£127.5k)
- Old Innserve Limited
£127.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Old Innserve Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Old Innserve Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Old Innserve Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Old Innserve Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.8%, this is a higher level of debt than the average (59.2%)
89.8% - Old Innserve Limited
59.2% - Industry AVG
OLD INNSERVE LIMITED financials
Old Innserve Limited's latest turnover from December 2023 is £46.1 million and the company has net assets of £2 million. According to their latest financial statements, Old Innserve Limited has 6 employees and maintains cash reserves of £71 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 46,108,000 | 44,322,000 | 36,018,000 | 29,972,000 | 44,269,000 | 40,391,000 | 39,678,000 | 38,949,000 | 33,816,000 | 31,644,000 | 34,616,000 | 35,134,000 | 35,645,460 | 37,765,892 | 47,286,683 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 45,998,000 | 44,259,000 | 35,944,000 | 29,683,000 | 42,616,000 | 38,701,000 | 37,934,000 | 37,131,000 | 31,869,000 | 29,709,000 | 32,312,000 | 32,886,000 | 33,336,477 | 24,951,712 | 11,866,204 |
| Gross Profit | 110,000 | 63,000 | 74,000 | 289,000 | 1,653,000 | 1,690,000 | 1,744,000 | 1,818,000 | 1,947,000 | 1,935,000 | 2,304,000 | 2,248,000 | 2,308,983 | 12,814,180 | 35,420,479 |
| Admin Expenses | 22,000 | 14,000 | 35,000 | 2,000 | 16,000 | 15,000 | 16,000 | 16,000 | 16,000 | 18,000 | 14,000 | 17,000 | 31,599 | 11,190,529 | 31,109,961 |
| Operating Profit | 88,000 | 49,000 | 39,000 | 287,000 | 1,637,000 | 1,675,000 | 1,728,000 | 1,802,000 | 1,931,000 | 1,917,000 | 2,290,000 | 2,231,000 | 2,277,384 | 1,623,651 | 4,310,518 |
| Interest Payable | 88,000 | 49,000 | 38,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 1,729 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 95,000 | 163,000 | 161,000 | 153,000 | 176,000 | 277,000 | 246,000 | 227,000 | 187,000 | 190,894 | 113,694 | 19,158 |
| Pre-Tax Profit | 0 | 0 | 1,000 | 377,000 | 1,800,000 | 1,836,000 | 1,881,000 | 1,978,000 | 2,208,000 | 2,163,000 | 2,507,000 | 2,418,000 | 2,466,549 | 1,737,345 | 4,329,676 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 56,000 | 109,000 | -56,000 | 82,000 | -404,000 | 0 | 8,221 | 104,895 | -1,219,392 |
| Profit After Tax | 0 | 0 | 1,000 | 377,000 | 1,800,000 | 1,836,000 | 1,937,000 | 2,087,000 | 2,152,000 | 2,245,000 | 2,103,000 | 2,418,000 | 2,474,770 | 1,842,240 | 3,110,284 |
| Dividends Paid | 0 | 0 | 0 | 697,000 | 1,800,000 | 1,836,000 | 1,881,000 | 1,978,000 | 2,208,000 | 2,163,000 | 2,518,000 | 2,418,000 | 2,466,549 | 4,887,231 | 1,800,000 |
| Retained Profit | 0 | 0 | 1,000 | -320,000 | 0 | 0 | 56,000 | 109,000 | -56,000 | 82,000 | -415,000 | 0 | 8,221 | -3,044,991 | 1,310,284 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,503,303 | 20,734,003 |
| Number Of Employees | 6 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 233 | 568 | ||
| EBITDA* | 88,000 | 49,000 | 39,000 | 287,000 | 1,637,000 | 1,675,000 | 1,728,000 | 1,802,000 | 1,931,000 | 1,917,000 | 2,290,000 | 2,231,000 | 2,277,384 | 1,638,661 | 4,326,423 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,987 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,900,000 | 1,900,000 | 1,900,000 | 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 | 0 |
| Total Fixed Assets | 1,900,000 | 1,900,000 | 1,900,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,987 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80,114 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 133,000 | 393,000 | 10,001,000 | 7,177,000 | 7,430,000 | 7,014,683 | 2,236,890 | 122,883 |
| Group Debtors | 9,803,000 | 17,491,000 | 12,994,000 | 6,868,000 | 22,117,000 | 21,547,000 | 21,154,000 | 20,145,000 | 19,135,000 | 9,031,000 | 8,481,000 | 7,879,000 | 6,566,327 | 6,152,994 | 9,198,696 |
| Misc Debtors | 187,000 | 160,000 | 493,000 | 405,000 | 0 | 0 | 0 | 0 | 0 | 0 | 415,000 | 0 | 647,435 | 217,140 | 2,417,115 |
| Cash | 71,000 | 132,000 | 56,000 | 7,000 | 14,000 | 11,000 | 8,000 | 11,000 | 10,000 | 9,000 | 10,000 | 9,000 | 32,555 | 526,007 | 4,446,619 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,061,000 | 17,783,000 | 13,543,000 | 7,280,000 | 22,131,000 | 21,558,000 | 21,162,000 | 20,289,000 | 19,538,000 | 19,041,000 | 16,083,000 | 15,318,000 | 14,261,000 | 9,133,031 | 16,265,427 |
| total assets | 11,961,000 | 19,683,000 | 15,443,000 | 7,280,000 | 22,131,000 | 21,558,000 | 21,162,000 | 20,289,000 | 19,538,000 | 19,041,000 | 16,083,000 | 15,318,000 | 14,261,000 | 9,133,031 | 16,330,414 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 133,000 | 471,000 | 14,538,000 | 10,812,000 | 10,558,000 | 9,454,370 | 5,152,744 | 75,759 |
| Group/Directors Accounts | 9,752,000 | 17,508,000 | 12,776,000 | 4,744,000 | 19,790,000 | 19,218,000 | 18,822,000 | 17,816,000 | 16,809,000 | 2,163,000 | 2,518,000 | 2,418,000 | 2,466,549 | 1,532,231 | 381,470 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 208,000 | 174,000 | 666,000 | 536,000 | 21,000 | 20,000 | 20,000 | 76,000 | 103,000 | 129,000 | 433,000 | 22,000 | 20,000 | 136,196 | 9,829,160 |
| total current liabilities | 9,960,000 | 17,682,000 | 13,442,000 | 5,280,000 | 19,811,000 | 19,238,000 | 18,842,000 | 18,025,000 | 17,383,000 | 16,830,000 | 13,763,000 | 12,998,000 | 11,940,919 | 6,821,171 | 10,286,389 |
| loans | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 687,174 |
| provisions | 0 | 0 | 0 | 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 | 0 | 0 | 687,174 |
| total liabilities | 9,960,000 | 17,682,000 | 13,442,000 | 5,280,000 | 19,811,000 | 19,238,000 | 18,842,000 | 18,025,000 | 17,383,000 | 16,830,000 | 13,763,000 | 12,998,000 | 11,940,919 | 6,821,171 | 10,973,563 |
| net assets | 2,001,000 | 2,001,000 | 2,001,000 | 2,000,000 | 2,320,000 | 2,320,000 | 2,320,000 | 2,264,000 | 2,155,000 | 2,211,000 | 2,320,000 | 2,320,000 | 2,320,081 | 2,311,860 | 5,356,851 |
| total shareholders funds | 2,001,000 | 2,001,000 | 2,001,000 | 2,000,000 | 2,320,000 | 2,320,000 | 2,320,000 | 2,264,000 | 2,155,000 | 2,211,000 | 2,320,000 | 2,320,000 | 2,320,081 | 2,311,860 | 5,356,851 |
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jan 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 88,000 | 49,000 | 39,000 | 287,000 | 1,637,000 | 1,675,000 | 1,728,000 | 1,802,000 | 1,931,000 | 1,917,000 | 2,290,000 | 2,231,000 | 2,277,384 | 1,623,651 | 4,310,518 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,010 | 15,905 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 56,000 | 109,000 | -56,000 | 82,000 | -404,000 | 0 | 8,221 | 104,895 | -1,219,392 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -80,114 | 80,114 |
| Debtors | 9,990,000 | 17,651,000 | 6,214,000 | -14,844,000 | 570,000 | 393,000 | 21,154,000 | 20,278,000 | 496,000 | 2,959,000 | 764,000 | 1,080,555 | 5,621,421 | -3,131,670 | 11,738,694 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 133,000 | -14,067,000 | 3,726,000 | 254,000 | 1,103,630 | 4,301,626 | 5,076,985 | 75,759 |
| Accruals and Deferred Income | 208,000 | 174,000 | 130,000 | 515,000 | 1,000 | 0 | 20,000 | 76,000 | -26,000 | -304,000 | 411,000 | 2,000 | -116,196 | -9,692,964 | 9,829,160 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -9,694,000 | -17,428,000 | -6,045,000 | 15,646,000 | 1,068,000 | 1,282,000 | -19,350,000 | -18,158,000 | -12,714,000 | 2,462,000 | 1,787,000 | 2,256,075 | 849,614 | 339,361 | 1,193,142 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,900,000 | 1,900,000 | 1,900,000 | 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 | 0 |
| Group/Directors Accounts | 9,752,000 | 17,508,000 | 8,032,000 | -15,046,000 | 572,000 | 396,000 | 18,822,000 | 17,816,000 | 14,646,000 | -355,000 | 100,000 | -48,549 | 934,318 | 1,150,761 | 381,470 |
| Other Short Term Loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -687,174 | 687,174 |
| share issue | |||||||||||||||
| interest | -88,000 | -49,000 | -38,000 | 90,000 | 163,000 | 161,000 | 153,000 | 176,000 | 277,000 | 246,000 | 217,000 | 187,000 | 189,165 | 113,694 | 19,158 |
| cash flow from financing | 11,665,000 | 19,460,000 | 7,994,000 | -14,956,000 | 735,000 | 557,000 | 21,239,000 | 20,147,000 | 14,923,000 | -300,000 | 732,000 | 138,370 | 1,123,483 | 577,281 | 5,134,369 |
| cash and cash equivalents | |||||||||||||||
| cash | 71,000 | 132,000 | 49,000 | -7,000 | 3,000 | 3,000 | 8,000 | 11,000 | 1,000 | -1,000 | 1,000 | -23,555 | -493,452 | -3,920,612 | 4,446,619 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 71,000 | 132,000 | 49,000 | -7,000 | 3,000 | 3,000 | 8,000 | 11,000 | 1,000 | -1,000 | 1,000 | -23,555 | -493,452 | -3,920,612 | 4,446,619 |
old innserve limited Credit Report and Business Information
Old Innserve Limited Competitor Analysis
Perform a competitor analysis for old innserve limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in LS24 area or any other competitors across 12 key performance metrics.
old innserve limited Ownership
OLD INNSERVE LIMITED group structure
Old Innserve Limited has no subsidiary companies.
Ultimate parent company
HEINEKEN NV
#0068396
2 parents
OLD INNSERVE LIMITED
04990992
old innserve limited directors
Old Innserve Limited currently has 6 directors. The longest serving directors include Mr Adam Stubbs (May 2019) and Mrs Sarah Perry (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Stubbs | England | 52 years | May 2019 | - | Director |
| Mrs Sarah Perry | 59 years | Mar 2021 | - | Director | |
| Mr Richard Stephens | United Kingdom | 51 years | Apr 2021 | - | Director |
| Miss Jane Brydon | 56 years | Apr 2021 | - | Director | |
| Mr Kevin Ward | United Kingdom | 56 years | Sep 2021 | - | Director |
| Mr Rob Kleinjan | 60 years | Jun 2023 | - | Director |
P&L
December 2023turnover
46.1m
0%
operating profit
88k
0%
gross margin
0.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2m
0%
total assets
12m
0%
cash
71k
0%
net assets
Total assets minus all liabilities
old innserve limited company details
company number
04990992
Type
Private limited with Share Capital
industry
33190 - Repair of other equipment
incorporation date
December 2003
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
innserve limited (June 2010)
accountant
-
auditor
GRANT THORNTON UK LLP
address
the old maltings, leeds road, tadcaster, north yorkshire, LS24 9HB
Bank
-
Legal Advisor
-
old innserve 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 1 charges/mortgages relating to old innserve limited. Currently there are 1 open charges and 0 have been satisfied in the past.
old innserve limited Companies House Filings - See Documents
| date | description | view/download |
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