innovative compliance europe limited
innovative compliance europe limited Company Information
Company Number
05129857
Website
www.innovativecompliance.comRegistered Address
27 eastcastle street, london, W1W 8DH
Industry
Computer consultancy activities
Telephone
02081442591
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
camayu connect ltd 99%
marcus joseph hallside 1%
innovative compliance europe limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE COMPLIANCE EUROPE LIMITED at £289.2k based on a Turnover of £555.8k and 0.52x industry multiple (adjusted for size and gross margin).
innovative compliance europe limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE COMPLIANCE EUROPE LIMITED at £0 based on an EBITDA of £-10.1k and a 3.74x industry multiple (adjusted for size and gross margin).
innovative compliance europe limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE COMPLIANCE EUROPE LIMITED at £0 based on Net Assets of £-232.3k and 2.25x industry multiple (adjusted for liquidity).
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Innovative Compliance Europe Limited Overview
Innovative Compliance Europe Limited is a live company located in london, W1W 8DH with a Companies House number of 05129857. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2004, it's largest shareholder is camayu connect ltd with a 99% stake. Innovative Compliance Europe Limited is a mature, small sized company, Pomanda has estimated its turnover at £555.8k with healthy growth in recent years.
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Innovative Compliance Europe Limited Health Check
Pomanda's financial health check has awarded Innovative Compliance Europe Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £555.8k, make it smaller than the average company (£1.9m)
- Innovative Compliance Europe Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8%)
- Innovative Compliance Europe Limited
8% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (45.3%)
- Innovative Compliance Europe Limited
45.3% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (6.8%)
- Innovative Compliance Europe Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Innovative Compliance Europe Limited
15 - Industry AVG
Pay Structure
on an average salary of £58.4k, the company has an equivalent pay structure (£58.4k)
- Innovative Compliance Europe Limited
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £277.9k, this is more efficient (£135.2k)
- Innovative Compliance Europe Limited
£135.2k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (61 days)
- Innovative Compliance Europe Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 355 days, this is slower than average (27 days)
- Innovative Compliance Europe Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovative Compliance Europe Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovative Compliance Europe Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 232.7%, this is a higher level of debt than the average (56.8%)
232.7% - Innovative Compliance Europe Limited
56.8% - Industry AVG
INNOVATIVE COMPLIANCE EUROPE LIMITED financials
Innovative Compliance Europe Limited's latest turnover from December 2023 is estimated at £555.8 thousand and the company has net assets of -£232.3 thousand. According to their latest financial statements, Innovative Compliance Europe Limited has 2 employees and maintains cash reserves of 0 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 | 2,400 | 52,795 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 0 | ||||||||||||||
| Pre-Tax Profit | -131,332 | 4,529 | |||||||||||||
| Tax | 0 | 0 | |||||||||||||
| Profit After Tax | -131,332 | 4,529 | |||||||||||||
| Dividends Paid | 0 | 0 | |||||||||||||
| Retained Profit | -131,332 | 4,529 | |||||||||||||
| Employee Costs | 0 | 0 | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | |||||||||||
| EBITDA* |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,060 | 1,590 | 1,161 | 1,074 | 1,611 |
| Intangible Assets | 0 | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,060 | 1,590 | 1,161 | 1,074 | 1,611 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 175,067 | 173,362 | 171,123 | 170,058 | 170,548 | 268,654 | 213,879 | 172,966 | 192,978 | 222,887 | 127,059 | 231,198 | 0 | 0 | 74,274 |
| Group Debtors | 0 | 0 | 0 | 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 | 175,182 | 126,222 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,479 | 8,314 | 4,383 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 175,067 | 173,362 | 171,123 | 170,058 | 170,548 | 268,654 | 213,879 | 172,966 | 192,978 | 222,887 | 127,059 | 231,198 | 188,661 | 134,536 | 78,657 |
| total assets | 175,067 | 173,362 | 171,123 | 170,058 | 170,548 | 268,654 | 213,879 | 172,966 | 192,978 | 222,887 | 128,119 | 232,788 | 189,822 | 135,610 | 80,268 |
| 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 | 407,336 | 395,553 | 372,107 | 348,587 | 310,500 | 277,276 | 226,030 | 187,481 | 166,320 | 0 | 167,875 | 263,947 | 0 | 0 | 114,439 |
| 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 227,041 | 175,977 | 0 |
| total current liabilities | 407,336 | 395,553 | 372,107 | 348,587 | 310,500 | 277,276 | 226,030 | 187,481 | 166,320 | 0 | 167,875 | 263,947 | 227,041 | 175,977 | 114,439 |
| 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 | 233,995 | 0 | 0 | 0 | 0 | 0 |
| 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 | 233,995 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 407,336 | 395,553 | 372,107 | 348,587 | 310,500 | 277,276 | 226,030 | 187,481 | 166,320 | 233,995 | 167,875 | 263,947 | 227,041 | 175,977 | 114,439 |
| net assets | -232,269 | -222,191 | -200,984 | -178,529 | -139,952 | -8,622 | -12,151 | -14,515 | 26,658 | -11,108 | -39,756 | -31,159 | -37,219 | -40,367 | -34,171 |
| total shareholders funds | -232,269 | -222,191 | -200,984 | -178,529 | -139,952 | -8,622 | -12,151 | -14,515 | 26,658 | -11,108 | -39,756 | -31,159 | -37,219 | -40,367 | -34,171 |
| 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 | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 530 | 795 | 581 | 537 | 806 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,705 | 2,239 | 1,065 | -490 | -98,106 | 54,775 | 40,913 | -20,012 | -29,909 | 95,828 | -104,139 | 56,016 | 48,960 | 51,948 | 74,274 |
| Creditors | 11,783 | 23,446 | 23,520 | 38,087 | 33,224 | 51,246 | 38,549 | 21,161 | 166,320 | -167,875 | -96,072 | 263,947 | 0 | -114,439 | 114,439 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -227,041 | 51,064 | 175,977 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -233,995 | 233,995 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | ||||||||||||||
| cash flow from financing | 2 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,479 | 5,165 | 3,931 | 4,383 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,479 | 5,165 | 3,931 | 4,383 |
innovative compliance europe limited Credit Report and Business Information
Innovative Compliance Europe Limited Competitor Analysis
Perform a competitor analysis for innovative compliance europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
innovative compliance europe limited Ownership
INNOVATIVE COMPLIANCE EUROPE LIMITED group structure
Innovative Compliance Europe Limited has no subsidiary companies.
Ultimate parent company
1 parent
INNOVATIVE COMPLIANCE EUROPE LIMITED
05129857
innovative compliance europe limited directors
Innovative Compliance Europe Limited currently has 2 directors. The longest serving directors include Mr Marcus Hallside (May 2004) and Ms Judith Hallside (Feb 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marcus Hallside | United Kingdom | 78 years | May 2004 | - | Director |
| Ms Judith Hallside | United Kingdom | 75 years | Feb 2008 | - | Director |
P&L
December 2023turnover
555.8k
+9%
operating profit
-10.1k
0%
gross margin
24.8%
-7.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-232.3k
+0.05%
total assets
175.1k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
innovative compliance europe limited company details
company number
05129857
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2004
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
27 eastcastle street, london, W1W 8DH
Bank
-
Legal Advisor
-
innovative compliance europe 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 2 charges/mortgages relating to innovative compliance europe limited. Currently there are 2 open charges and 0 have been satisfied in the past.
innovative compliance europe limited Companies House Filings - See Documents
| date | description | view/download |
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