i q trading limited
i q trading limited Company Information
Group Structure
View All
Industry
Wholesale of electronic and telecommunications equipment and parts
Registered Address
28 danethorpe road, wembley, middlesex, HA0 4RQ
Website
-i q trading limited Estimated Valuation
Pomanda estimates the enterprise value of I Q TRADING LIMITED at £202.2k based on a Turnover of £764.6k and 0.26x industry multiple (adjusted for size and gross margin).
i q trading limited Estimated Valuation
Pomanda estimates the enterprise value of I Q TRADING LIMITED at £0 based on an EBITDA of £-6.5k and a 2.86x industry multiple (adjusted for size and gross margin).
i q trading limited Estimated Valuation
Pomanda estimates the enterprise value of I Q TRADING LIMITED at £112.9k based on Net Assets of £59.7k and 1.89x industry multiple (adjusted for liquidity).
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I Q Trading Limited Overview
I Q Trading Limited is a live company located in middlesex, HA0 4RQ with a Companies House number of 05067830. It operates in the wholesale of electronic and telecommunications equipment and parts sector, SIC Code 46520. Founded in March 2004, it's largest shareholder is mr mitesh lakhani with a 100% stake. I Q Trading Limited is a mature, small sized company, Pomanda has estimated its turnover at £764.6k with healthy growth in recent years.
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I Q Trading Limited Health Check
Pomanda's financial health check has awarded I Q Trading Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £764.6k, make it smaller than the average company (£15.3m)
- I Q Trading Limited
£15.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.7%)
- I Q Trading Limited
7.7% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (25%)
- I Q Trading Limited
25% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (3.8%)
- I Q Trading Limited
3.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (33)
3 - I Q Trading Limited
33 - Industry AVG
Pay Structure
on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)
- I Q Trading Limited
£54.3k - Industry AVG
Efficiency
resulting in sales per employee of £254.9k, this is less efficient (£458.5k)
- I Q Trading Limited
£458.5k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (55 days)
- I Q Trading Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (29 days)
- I Q Trading Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I Q Trading Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I Q Trading Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (51.8%)
76.5% - I Q Trading Limited
51.8% - Industry AVG
I Q TRADING LIMITED financials
I Q Trading Limited's latest turnover from May 2024 is estimated at £764.6 thousand and the company has net assets of £59.7 thousand. According to their latest financial statements, I Q Trading Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 725,612 | 726,232 | 465,963 | 243,508 | 105,624 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 412,073 | 482,647 | 330,972 | 181,289 | 85,752 | ||||||||||
| Gross Profit | 313,539 | 243,585 | 134,991 | 62,219 | 19,872 | ||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 17,099 | 24,281 | 33,981 | 13,249 | -15,110 | ||||||||||
| Tax | -4,307 | -5,631 | -6,637 | -2,187 | 2,919 | ||||||||||
| Profit After Tax | 12,792 | 18,650 | 27,344 | 11,062 | -12,191 | ||||||||||
| Dividends Paid | 10,000 | 10,000 | 12,000 | ||||||||||||
| Retained Profit | 2,792 | 8,650 | 15,344 | 11,062 | -12,191 | ||||||||||
| Employee Costs | 22,318 | 18,877 | |||||||||||||
| Number Of Employees | 3 | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,400 | 16,462 | 18,769 | 23,814 | 1,629 | 1,062 | 1,773 | 1,073 | 1,030 | 2,526 | 3,571 | 2,774 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 37,400 | 16,462 | 18,769 | 23,814 | 1,629 | 1,062 | 1,773 | 1,073 | 1,030 | 2,526 | 3,571 | 2,774 | |||
| Stock & work in progress | 75,268 | 67,325 | 60,000 | 60,000 | 60,000 | 90,000 | 60,000 | 20,000 | 25,000 | 9,950 | |||||
| Trade Debtors | 213,868 | 213,987 | 178,234 | 186,054 | 143,212 | 3,789 | 4,632 | 3,717 | 4,208 | 3,581 | 1,862 | 1,992 | 1,875 | 1,824 | 617 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,632 | 4,951 | 2,277 | 100 | 100 | 1,895 | 1,106 | 6,018 | |||||||
| Cash | 6,960 | 7,461 | 5,951 | 5,236 | 5,656 | 11,426 | 16,124 | 6,473 | 5,645 | 6,910 | |||||
| misc current assets | |||||||||||||||
| total current assets | 216,500 | 218,938 | 180,511 | 186,054 | 143,212 | 86,017 | 79,418 | 69,668 | 69,444 | 69,237 | 103,388 | 78,216 | 30,243 | 33,575 | 23,495 |
| total assets | 253,900 | 235,400 | 199,280 | 209,868 | 144,841 | 87,079 | 81,191 | 70,741 | 69,444 | 69,237 | 104,418 | 80,742 | 33,814 | 36,349 | 23,495 |
| Bank overdraft | 1,217 | 17,102 | 20,087 | 12,447 | 17,188 | 16,878 | 19,196 | 18,039 | |||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 53,381 | 54,202 | 68,639 | 134,076 | 135,858 | 237 | 26,706 | 19,622 | 26,767 | 71,370 | |||||
| Group/Directors Accounts | 409 | 8,570 | 570 | 70 | 4,170 | 170 | 170 | ||||||||
| other short term finances | 49,993 | 39,795 | 19,324 | 22,261 | 23,118 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 25,348 | 21,610 | 21,294 | 22,798 | 14,111 | 7,734 | 6,805 | 2,721 | 1,229 | ||||||
| total current liabilities | 53,381 | 54,202 | 68,639 | 134,076 | 135,858 | 27,211 | 73,988 | 61,573 | 62,082 | 71,370 | 85,462 | 64,577 | 26,299 | 44,178 | 42,386 |
| loans | 52,450 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 937 | ||||||||||||||
| other liabilities | 140,783 | 115,000 | 75,000 | 49,998 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 140,783 | 115,000 | 75,000 | 50,935 | 52,450 | ||||||||||
| total liabilities | 194,164 | 169,202 | 143,639 | 185,011 | 135,858 | 79,661 | 73,988 | 61,573 | 62,082 | 71,370 | 85,462 | 64,577 | 26,299 | 44,178 | 42,386 |
| net assets | 59,736 | 66,198 | 55,641 | 24,857 | 8,983 | 7,418 | 7,203 | 9,168 | 7,362 | -2,133 | 18,956 | 16,165 | 7,515 | -7,829 | -18,891 |
| total shareholders funds | 59,736 | 66,198 | 55,641 | 24,857 | 8,983 | 7,418 | 7,203 | 9,168 | 7,362 | -2,133 | 18,956 | 16,165 | 7,515 | -7,829 | -18,891 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,137 | 711 | 711 | 358 | 1,030 | 1,496 | 1,989 | 1,753 | 138 | ||||||
| Amortisation | |||||||||||||||
| Tax | -4,307 | -5,631 | -6,637 | -2,187 | 2,919 | ||||||||||
| Stock | -75,268 | 7,943 | 7,325 | -30,000 | 30,000 | 40,000 | -5,000 | 15,050 | 9,950 | ||||||
| Debtors | -2,438 | 38,427 | -5,543 | 42,842 | 139,423 | -843 | 915 | -491 | 627 | 1,619 | -130 | -1,678 | 840 | -3,705 | 6,635 |
| Creditors | -821 | -14,437 | -65,437 | -1,782 | 135,621 | -26,469 | 7,084 | -7,145 | -44,603 | 71,370 | |||||
| Accruals and Deferred Income | -937 | 937 | -25,348 | 3,738 | 316 | -1,504 | 22,798 | -14,111 | 6,377 | 929 | 4,084 | 1,492 | 1,229 | ||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -409 | -8,161 | 8,000 | 500 | 70 | -4,170 | 4,000 | 170 | |||||||
| Other Short Term Loans | -49,993 | 10,198 | 20,471 | -2,937 | -857 | 23,118 | |||||||||
| Long term loans | -52,450 | 52,450 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 25,783 | 40,000 | 25,002 | 49,998 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 14,197 | 20,471 | -2,767 | -857 | 16,418 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -6,960 | -501 | 1,510 | 715 | -420 | -5,770 | -4,698 | 9,651 | 828 | -1,265 | 6,910 | ||||
| overdraft | -1,217 | -15,885 | -2,985 | 7,640 | 12,447 | -17,188 | 310 | 16,878 | -19,196 | 1,157 | 18,039 | ||||
| change in cash | -5,743 | 15,384 | 4,495 | -6,925 | -12,867 | 11,418 | -5,008 | -7,227 | 20,024 | -2,422 | -11,129 |
i q trading limited Credit Report and Business Information
I Q Trading Limited Competitor Analysis
Perform a competitor analysis for i q trading limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA0 area or any other competitors across 12 key performance metrics.
i q trading limited Ownership
I Q TRADING LIMITED group structure
I Q Trading Limited has no subsidiary companies.
Ultimate parent company
I Q TRADING LIMITED
05067830
i q trading limited directors
I Q Trading Limited currently has 1 director, Mr Mitesh Lakhani serving since Mar 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mitesh Lakhani | 50 years | Mar 2004 | - | Director |
P&L
May 2024turnover
764.6k
+22%
operating profit
-6.5k
0%
gross margin
17.8%
+1.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
59.7k
-0.1%
total assets
253.9k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
i q trading limited company details
company number
05067830
Type
Private limited with Share Capital
industry
46520 - Wholesale of electronic and telecommunications equipment and parts
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
CLOUD ACCOUNTANT.CO.UK.
auditor
-
address
28 danethorpe road, wembley, middlesex, HA0 4RQ
Bank
-
Legal Advisor
-
i q trading 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 i q trading limited.
i q trading 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 I Q TRADING LIMITED. This can take several minutes, an email will notify you when this has completed.
i q trading limited Companies House Filings - See Documents
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