Pomanda estimates the enterprise value of IBS SECURITY SOLUTIONS LTD at £743.4k based on a Turnover of £1m and 0.71x industry multiple (adjusted for size and gross margin).
ibs security solutions ltdEstimated Valuation
£944k
Pomanda estimates the enterprise value of IBS SECURITY SOLUTIONS LTD at £944k based on an EBITDA of £206.3k and a 4.57x industry multiple (adjusted for size and gross margin).
ibs security solutions ltdEstimated Valuation
£1m
Pomanda estimates the enterprise value of IBS SECURITY SOLUTIONS LTD at £1m based on Net Assets of £475.1k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ibs Security Solutions LtdOverview
Ibs Security Solutions Ltd is a live company located in blaydon-on-tyne, NE21 5TW with a Companies House number of 05279369. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2004, it's largest shareholder is
ian barry stoddart
with a 52.2% stake. Ibs Security Solutions Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Ibs Security Solutions Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£6.6m)
£1m - Ibs Security Solutions Ltd
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7%)
-3% - Ibs Security Solutions Ltd
7% - Industry AVG
Production
with a gross margin of 50.3%, this company has a comparable cost of product (50.3%)
50.3% - Ibs Security Solutions Ltd
50.3% - Industry AVG
Profitability
an operating margin of 17.7% make it more profitable than the average company (3.4%)
17.7% - Ibs Security Solutions Ltd
3.4% - Industry AVG
Employees
with 9 employees, this is below the industry average (41)
9 - Ibs Security Solutions Ltd
41 - Industry AVG
Pay Structure
on an average salary of £71.5k, the company has an equivalent pay structure (£71.5k)
£71.5k - Ibs Security Solutions Ltd
£71.5k - Industry AVG
Efficiency
resulting in sales per employee of £116.3k, this is less efficient (£174.1k)
£116.3k - Ibs Security Solutions Ltd
£174.1k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (53 days)
55 days - Ibs Security Solutions Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (34 days)
25 days - Ibs Security Solutions Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (16 days)
2 days - Ibs Security Solutions Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is more cash available to meet short term requirements (15 weeks)
29 weeks - Ibs Security Solutions Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (63.5%)
52.1% - Ibs Security Solutions Ltd
63.5% - Industry AVG
IBS SECURITY SOLUTIONS LTD financials
EXPORT
Ibs Security Solutions Ltd's latest turnover from November 2023 is estimated at £1 million and the company has net assets of £475.1 thousand. According to their latest financial statements, Ibs Security Solutions Ltd has 9 employees and maintains cash reserves of £208.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
1,046,290
1,001,713
891,881
1,163,052
882,900
1,126,117
708,512
645,688
331,805
323,194
252,987
347,193
574,568
840,915
Other Income Or Grants
Cost Of Sales
519,715
482,626
437,845
574,068
426,048
535,268
336,690
296,457
156,022
152,334
116,476
161,674
266,291
378,355
Gross Profit
526,575
519,087
454,036
588,984
456,852
590,849
371,822
349,231
175,783
170,861
136,512
185,519
308,277
462,560
Admin Expenses
341,511
371,959
429,339
540,772
418,463
554,385
353,810
338,175
178,153
158,752
145,879
201,380
349,475
383,632
-119,538
Operating Profit
185,064
147,128
24,697
48,212
38,389
36,464
18,012
11,056
-2,370
12,109
-9,367
-15,861
-41,198
78,928
119,538
Interest Payable
9,023
8,394
6,324
5,072
1,985
Interest Receivable
9,979
5,304
143
86
256
328
361
177
463
405
307
210
148
193
100
Pre-Tax Profit
186,020
144,037
18,516
43,226
36,660
36,791
18,373
11,233
-1,907
12,514
-9,060
-15,651
-41,050
79,121
119,638
Tax
-46,505
-27,367
-3,518
-8,213
-6,965
-6,990
-3,491
-2,246
-2,628
-22,154
-33,498
Profit After Tax
139,515
116,670
14,998
35,013
29,695
29,801
14,882
8,986
-1,907
9,886
-9,060
-15,651
-41,050
56,967
86,139
Dividends Paid
Retained Profit
139,515
116,670
14,998
35,013
29,695
29,801
14,882
8,986
-1,907
9,886
-9,060
-15,651
-41,050
56,967
86,139
Employee Costs
643,553
674,028
639,766
659,916
150,156
580,114
176,623
161,319
163,318
160,108
101,220
153,190
199,207
336,243
Number Of Employees
9
10
10
11
10
10
11
9
3
3
2
3
4
7
EBITDA*
206,349
167,579
40,746
60,718
38,389
36,464
25,836
18,803
5,908
17,199
-7,408
-13,126
-37,885
82,654
122,648
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
192,792
157,283
129,686
145,735
110,251
117,900
24,245
32,069
28,521
22,942
7,723
9,682
12,417
13,632
11,438
Intangible Assets
Investments & Other
370,166
370,166
199
Debtors (Due After 1 year)
Total Fixed Assets
562,958
527,449
129,686
145,735
110,251
118,099
24,245
32,069
28,521
22,942
7,723
9,682
12,417
13,632
11,438
Stock & work in progress
3,000
13,885
12,288
14,352
51,886
10,112
16,980
23,275
8,033
41,640
4,347
26,451
120,437
3,000
Trade Debtors
158,266
136,194
110,983
176,102
105,193
175,849
68,333
65,406
51,714
53,186
33,368
60,403
98,046
126,745
139,988
Group Debtors
Misc Debtors
57,816
2,063
6,169
2,294
2,172
1,000
987
252
Cash
208,881
171,256
182,317
103,070
68,398
87,405
57,097
84,296
101,067
60,831
62,124
22,050
37,245
39,922
misc current assets
2,216
total current assets
427,963
323,398
311,757
295,818
227,649
179,065
166,837
139,735
159,285
162,286
135,839
126,874
146,547
284,427
182,910
total assets
990,921
850,847
441,443
441,553
337,900
297,164
191,082
171,804
187,806
185,228
143,562
136,556
158,964
298,059
194,348
Bank overdraft
13,500
13,200
5,742
Bank loan
13,493
10,919
Trade Creditors
36,362
67,191
56,261
67,912
62,239
96,815
20,323
22,162
80,100
83,140
65,190
48,691
55,050
152,878
105,805
Group/Directors Accounts
155,687
1,000
1,000
other short term finances
hp & lease commitments
21,828
11,174
1,472
8,150
10,195
other current liabilities
141,259
247,338
57,713
50,836
46,478
44,106
27,676
total current liabilities
368,636
338,903
127,467
129,667
115,931
96,815
73,579
61,033
80,100
83,140
65,190
48,691
55,050
152,878
105,805
loans
60,221
73,489
86,357
96,562
53,078
hp & lease commitments
56,568
26,076
Accruals and Deferred Income
3,583
other liabilities
3,375
62,500
11,420
57,773
8,309
16,459
17,154
10,271
302
provisions
27,034
14,307
8,717
5,226
4,584
1,025
1,458
1,856
1,771
2,402
total long term liabilities
147,198
176,372
95,074
107,982
53,078
61,356
8,309
16,459
22,380
14,855
1,025
1,458
1,856
2,073
2,402
total liabilities
515,834
515,275
222,541
237,649
169,009
158,171
81,888
77,492
102,480
97,995
66,215
50,149
56,906
154,951
108,207
net assets
475,087
335,572
218,902
203,904
168,891
138,993
109,194
94,312
85,326
87,233
77,347
86,407
102,058
143,108
86,141
total shareholders funds
475,087
335,572
218,902
203,904
168,891
138,993
109,194
94,312
85,326
87,233
77,347
86,407
102,058
143,108
86,141
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
185,064
147,128
24,697
48,212
38,389
36,464
18,012
11,056
-2,370
12,109
-9,367
-15,861
-41,198
78,928
119,538
Depreciation
21,285
20,451
16,049
12,506
7,824
7,747
8,278
5,090
1,959
2,735
3,313
3,726
3,110
Amortisation
Tax
-46,505
-27,367
-3,518
-8,213
-6,965
-6,990
-3,491
-2,246
-2,628
-22,154
-33,498
Stock
-10,885
1,597
-2,064
-37,534
51,886
-10,112
-6,868
-6,295
15,242
-33,607
37,293
-22,104
-93,986
117,437
3,000
Debtors
77,825
21,105
-61,244
71,031
-69,484
107,529
3,662
13,944
-1,472
19,818
-27,035
-37,643
-28,699
-13,243
139,988
Creditors
-30,829
10,930
-11,651
5,673
-34,576
76,492
-1,839
-57,938
-3,040
17,950
16,499
-6,359
-97,828
47,073
105,805
Accruals and Deferred Income
-106,079
189,625
6,877
4,358
42,895
-40,523
16,430
27,676
Deferred Taxes & Provisions
12,727
5,590
8,717
-5,226
642
3,559
-433
-398
85
-631
2,402
Cash flow from operations
-31,277
323,655
104,479
29,039
57,341
-31,974
40,142
-26,580
-10,260
49,869
-1,600
39,864
-12,943
2,748
54,369
Investing Activities
capital expenditure
-56,794
-48,048
-47,990
7,649
-93,655
-11,295
-13,857
-20,309
-2,098
-5,920
-14,548
Change in Investments
370,166
-199
199
cash flow from investments
-56,794
-418,214
-47,990
7,848
-93,854
-11,295
-13,857
-20,309
-2,098
-5,920
-14,548
Financing Activities
Bank loans
-13,493
2,574
10,919
Group/Directors Accounts
155,687
-1,000
1,000
Other Short Term Loans
Long term loans
-13,268
-12,868
-10,205
43,484
53,078
Hire Purchase and Lease Commitments
41,146
37,250
-1,472
1,472
-8,150
-2,045
10,195
other long term liabilities
-59,125
62,500
-11,420
11,420
-57,773
49,464
-8,150
-695
6,883
10,271
-302
302
share issue
203
-2
2
interest
956
-3,090
-6,181
-4,986
-1,729
328
361
177
463
405
307
210
148
193
100
cash flow from financing
125,396
70,299
-25,232
59,365
-4,749
40,640
-9,834
10,677
7,346
10,676
307
210
-154
495
102
cash and cash equivalents
cash
37,625
-11,061
79,247
34,672
68,398
-87,405
30,308
-27,199
-16,771
40,236
-1,293
40,074
-15,195
-2,677
39,922
overdraft
300
13,200
-5,742
5,742
change in cash
37,325
-24,261
79,247
40,414
62,656
-87,405
30,308
-27,199
-16,771
40,236
-1,293
40,074
-15,195
-2,677
39,922
ibs security solutions ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ibs security solutions ltd. Get real-time insights into ibs security solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ibs security solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NE21 area or any other competitors across 12 key performance metrics.
ibs security solutions ltd Ownership
IBS SECURITY SOLUTIONS LTD group structure
Ibs Security Solutions Ltd has no subsidiary companies.
Ultimate parent company
IBS SECURITY SOLUTIONS LTD
05279369
IBS SECURITY SOLUTIONS LTD Shareholders
The largest shareholders in Ibs Security Solutions Ltd include Ian Barry Stoddart and Jack David Stoddart.
ian barry stoddart
52.22%
jack david stoddart
37.44%
matthew james broughton
9.85%
jack stoddart
0.49%
ibs security solutions ltd directors
Ibs Security Solutions Ltd currently has 4 directors.
The longest serving directors include
Mr Ian Stoddart (Nov 2004) and
Mr Jack Stoddart (Feb 2019).
62090 - Other information technology and computer service activities
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
unit 2a cowen road, blaydon-on-tyne, NE21 5TW
Bank
-
Legal Advisor
-
ibs security solutions 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 ibs security solutions ltd.
ibs security solutions 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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ibs security solutions ltdCompanies House Filings - See Documents
