ivory security limited
ivory security limited Company Information
Company Number
05889956
Website
www.ivorysecurity.co.ukRegistered Address
downsview house, 141 - 143 station road east, oxted, surrey, RH8 0QE
Industry
Security systems service activities
Telephone
08456031808
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
stephen fred coombe 50%
nicola ann coombe 50%
ivory security limited Estimated Valuation
Pomanda estimates the enterprise value of IVORY SECURITY LIMITED at £99k based on a Turnover of £303k and 0.33x industry multiple (adjusted for size and gross margin).
ivory security limited Estimated Valuation
Pomanda estimates the enterprise value of IVORY SECURITY LIMITED at £67k based on an EBITDA of £22.4k and a 3x industry multiple (adjusted for size and gross margin).
ivory security limited Estimated Valuation
Pomanda estimates the enterprise value of IVORY SECURITY LIMITED at £67.2k based on Net Assets of £28.6k and 2.35x industry multiple (adjusted for liquidity).
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Ivory Security Limited Overview
Ivory Security Limited is a live company located in oxted, RH8 0QE with a Companies House number of 05889956. It operates in the security systems service activities sector, SIC Code 80200. Founded in July 2006, it's largest shareholder is stephen fred coombe with a 50% stake. Ivory Security Limited is a established, micro sized company, Pomanda has estimated its turnover at £303k with declining growth in recent years.
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Ivory Security Limited Health Check
Pomanda's financial health check has awarded Ivory Security Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £303k, make it smaller than the average company (£3.1m)
- Ivory Security Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.2%)
- Ivory Security Limited
6.2% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (36.6%)
- Ivory Security Limited
36.6% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (6.6%)
- Ivory Security Limited
6.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (25)
4 - Ivory Security Limited
25 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Ivory Security Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £75.7k, this is less efficient (£104.8k)
- Ivory Security Limited
£104.8k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (65 days)
- Ivory Security Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (48 days)
- Ivory Security Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ivory Security Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ivory Security Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.9%, this is a similar level of debt than the average (67.9%)
73.9% - Ivory Security Limited
67.9% - Industry AVG
IVORY SECURITY LIMITED financials
Ivory Security Limited's latest turnover from September 2023 is estimated at £303 thousand and the company has net assets of £28.6 thousand. According to their latest financial statements, Ivory Security Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 144,697 | 136,797 | 136,388 | 134,892 | |||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 78,315 | 76,412 | 60,470 | 65,291 | |||||||||||
| Gross Profit | 66,382 | 60,385 | 75,918 | 69,601 | |||||||||||
| Admin Expenses | 47,677 | 43,750 | 58,788 | 58,137 | |||||||||||
| Operating Profit | 18,705 | 16,635 | 17,130 | 11,464 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | 18,705 | 16,635 | 17,130 | 11,464 | |||||||||||
| Tax | -3,792 | -3,419 | -3,636 | -2,460 | |||||||||||
| Profit After Tax | 14,913 | 13,216 | 13,494 | 9,004 | |||||||||||
| Dividends Paid | 13,000 | 15,000 | 7,000 | 17,000 | |||||||||||
| Retained Profit | 1,913 | -1,784 | 6,494 | -7,996 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 3 | |||||||||
| EBITDA* | 18,736 | 16,677 | 17,186 | 11,538 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,887 | 19,406 | 25,873 | 9,958 | 13,277 | 2,582 | 3,465 | 4,621 | 6,161 | 8,215 | 5,454 | 94 | 125 | 167 | 223 |
| 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 | 14,887 | 19,406 | 25,873 | 9,958 | 13,277 | 2,582 | 3,465 | 4,621 | 6,161 | 8,215 | 5,454 | 94 | 125 | 167 | 223 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 94,856 | 169,256 | 129,345 | 79,163 | 49,133 | 39,697 | 37,337 | 42,103 | 52,411 | 43,873 | 26,764 | 46,298 | 51,250 | 34,072 | 25,428 |
| 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 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,443 |
| total current assets | 94,856 | 169,256 | 129,345 | 79,163 | 49,133 | 39,697 | 37,337 | 42,103 | 52,411 | 43,873 | 26,764 | 46,298 | 51,250 | 34,072 | 27,871 |
| total assets | 109,743 | 188,662 | 155,218 | 89,121 | 62,410 | 42,279 | 40,802 | 46,724 | 58,572 | 52,088 | 32,218 | 46,392 | 51,375 | 34,239 | 28,094 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,264 | 4,614 | 3,206 | 4,926 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 61,265 | 146,775 | 119,693 | 119,729 | 84,769 | 83,098 | 61,376 | 69,250 | 74,624 | 70,908 | 31,407 | 5,273 | 11,305 | 5,980 | 12,480 |
| 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 | 37,899 | 36,413 | 24,226 | 16,355 |
| total current liabilities | 61,265 | 146,775 | 119,693 | 119,729 | 84,769 | 83,098 | 61,376 | 69,250 | 74,624 | 70,908 | 31,407 | 45,436 | 52,332 | 33,412 | 33,761 |
| 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 | 1,659 | 1,793 | 1,673 | 1,391 | 2,700 | 0 | 1,650 | 1,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,214 | 28,271 | 39,436 | 5,516 | 9,654 | 9,781 | 10,001 | 10,522 | 0 | 0 | 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 | 19,873 | 30,064 | 41,109 | 6,907 | 12,354 | 9,781 | 11,651 | 12,072 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 81,138 | 176,839 | 160,802 | 126,636 | 97,123 | 92,879 | 73,027 | 81,322 | 74,624 | 70,908 | 31,407 | 45,436 | 52,332 | 33,412 | 33,761 |
| net assets | 28,605 | 11,823 | -5,584 | -37,515 | -34,713 | -50,600 | -32,225 | -34,598 | -16,052 | -18,820 | 811 | 956 | -957 | 827 | -5,667 |
| total shareholders funds | 28,605 | 11,823 | -5,584 | -37,515 | -34,713 | -50,600 | -32,225 | -34,598 | -16,052 | -18,820 | 811 | 956 | -957 | 827 | -5,667 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 18,705 | 16,635 | 17,130 | 11,464 | |||||||||||
| Depreciation | 2,054 | 2,739 | 1,818 | 31 | 42 | 56 | 74 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | -3,792 | -3,419 | -3,636 | -2,460 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -74,400 | 39,911 | 50,182 | 30,030 | 14,678 | -2,882 | -4,766 | -10,308 | 8,538 | 17,109 | -19,534 | -4,952 | 17,178 | 8,644 | 25,428 |
| Creditors | -85,510 | 27,082 | -36 | 34,960 | 1,671 | 21,722 | -7,874 | -5,374 | 3,716 | 39,501 | 26,134 | -6,032 | 5,325 | -6,500 | 12,480 |
| Accruals and Deferred Income | -134 | 120 | 282 | -1,309 | 2,700 | -1,650 | 100 | 1,550 | 0 | 0 | -37,899 | 1,486 | 12,187 | 7,871 | 16,355 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,350 | 13,592 | 6,277 | 12,485 | |||||||||||
| 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 | -10,057 | -11,165 | 33,920 | -4,138 | -127 | -220 | -521 | 10,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | |||||||||||
| cash flow from financing | 0 | 0 | 0 | 2,329 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,264 | -2,350 | 1,408 | -1,720 | 4,926 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,264 | 2,350 | -1,408 | 1,720 | -4,926 |
ivory security limited Credit Report and Business Information
Ivory Security Limited Competitor Analysis
Perform a competitor analysis for ivory security limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in RH8 area or any other competitors across 12 key performance metrics.
ivory security limited Ownership
IVORY SECURITY LIMITED group structure
Ivory Security Limited has no subsidiary companies.
Ultimate parent company
IVORY SECURITY LIMITED
05889956
ivory security limited directors
Ivory Security Limited currently has 3 directors. The longest serving directors include Ms Nicola Coombe (Jul 2006) and Mr Stephen Coombe (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nicola Coombe | United Kingdom | 61 years | Jul 2006 | - | Director |
| Mr Stephen Coombe | United Kingdom | 66 years | Jul 2012 | - | Director |
| Mr Thomas Coombe | England | 35 years | Apr 2021 | - | Director |
P&L
September 2023turnover
303k
-42%
operating profit
22.4k
0%
gross margin
26%
+4.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
28.6k
+1.42%
total assets
109.7k
-0.42%
cash
0
0%
net assets
Total assets minus all liabilities
ivory security limited company details
company number
05889956
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
July 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
downsview house, 141 - 143 station road east, oxted, surrey, RH8 0QE
Bank
-
Legal Advisor
-
ivory security 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 ivory security limited.
ivory security limited Companies House Filings - See Documents
| date | description | view/download |
|---|
