Ib Service Ltd

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ib service ltd Company Information

Company Number

05916129

Next Accounts

May 2025

Directors

Deividas Stankevicius

Andrius Runevic

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Shareholders

andrius runevic

deividas stankevicius

Group Structure

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Industry

Photocopying, document preparation and other specialised office support activities

Registered Address

44 broadway, london, E15 1XH

Website

www.ibservices.co.uk

ib service ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of IB SERVICE LTD at £0 based on a Turnover of £79.3k and 0x industry multiple (adjusted for size and gross margin).

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Ib Service Ltd is a live company located in london, E15 1XH with a Companies House number of 05916129. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2006, it's largest shareholder is andrius runevic with a 50% stake. Ib Service Ltd is a established, micro sized company, Pomanda has estimated its turnover at £79.3k with rapid growth in recent years.

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Pomanda's financial health check has awarded Ib Service Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

3 Strong

1 Regular

6 Weak

Size

annual sales of £79.3k, make it smaller than the average company (£2m)

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (4.4%)

EXPORT

Ib Service Ltd's latest turnover from August 2023 is estimated at £79.3 thousand and the company has net assets of -£35.3 thousand. According to their latest financial statements, Ib Service Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	79,252	70,868	66,889	28,990	47,176	43,456	67,353	12,828	25,823	28,475	28,192	30,338	41,083	34,039	36,168
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	51,118	42,133	38,864	15,548	23,741	20,080	31,082	6,371	12,876	14,275	13,809	16,036	24,800	17,048	6,121
Gross Profit	28,135	28,735	28,025	13,442	23,435	23,376	36,271	6,457	12,946	14,199	14,383	14,302	16,283	16,991	30,047
Admin Expenses	29,580	89,110	479	-1,799	32,693	20,897	35,559	15,216	6,123	8,569	19,503	19,897	17,856	10,349	19,276
Operating Profit	-1,445	-60,375	27,546	15,241	-9,258	2,479	712	-8,759	6,823	5,630	-5,120	-5,595	-1,573	6,642	10,771
Interest Payable	0	457	360	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	430	31	7	4	0	16	35	51	18	26	50	61	42	0
Pre-Tax Profit	-1,445	-60,402	27,217	15,248	-9,254	2,008	590	-8,724	6,874	5,648	-5,094	-5,545	-1,512	6,683	9,826
Tax	0	0	-5,171	-2,897	0	0	0	0	-1,375	-1,186	0	0	0	-1,871	-2,064
Profit After Tax	-1,445	-60,402	22,046	12,351	-9,254	2,008	590	-8,724	5,499	4,462	-5,094	-5,545	-1,512	4,812	7,762
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-1,445	-60,402	22,046	12,351	-9,254	2,008	590	-8,724	5,499	4,462	-5,094	-5,545	-1,512	4,812	7,762
Employee Costs	183,499	153,945	151,452	68,204	19,267	18,636	23,044	32,844	30,485	30,225	30,424	27,969	27,676	20,953	5,147
Number Of Employees	4	4	4	2	1	1	1	1	1	1	1	1	1	1	0
EBITDA*	-1,445	-60,375	27,546	15,241	-9,258	2,520	837	-8,722	6,867	5,684	-4,992	-5,400	-1,388	6,946	11,351

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	0	0	0	0	0	0	41	166	203	247	301	429	185	345	649
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	41	166	203	247	301	429	185	345	649
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	2,716	3,987	1,266	71	0	1,426	15,986	3,305	6,117	5,913	6,168	6,117	9,135	7,099	0
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	10,627
Cash	0	0	49,133	12,803	1,176	0	0	12,949	14,720	5,718	1,570	8,895	11,277	12,977	3,716
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,716	3,987	50,399	12,874	1,176	1,426	15,986	16,254	20,837	11,631	7,738	15,012	20,412	20,076	14,343
total assets	2,716	3,987	50,399	12,874	1,176	1,426	16,027	16,420	21,040	11,878	8,039	15,441	20,597	20,421	14,992
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	31,014	28,328	0	7,250	9,004	0	8,610	9,593	5,489	1,826	2,449	4,757	4,368	2,680	0
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	11,936	1,001	0	0	0	0	0	0	0	0	0	0	2,063
total current liabilities	31,014	28,328	11,936	8,251	9,004	0	8,610	9,593	5,489	1,826	2,449	4,757	4,368	2,680	2,063
loans	0	0	11,794	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	6,980	9,492	0	0	0	0	0	0	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	6,980	9,492	11,794	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	37,994	37,820	23,730	8,251	9,004	0	8,610	9,593	5,489	1,826	2,449	4,757	4,368	2,680	2,063
net assets	-35,278	-33,833	26,669	4,623	-7,828	1,426	7,417	6,827	15,551	10,052	5,590	10,684	16,229	17,741	12,929
total shareholders funds	-35,278	-33,833	26,669	4,623	-7,828	1,426	7,417	6,827	15,551	10,052	5,590	10,684	16,229	17,741	12,929

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	-1,445	-60,375	27,546	15,241	-9,258	2,479	712	-8,759	6,823	5,630	-5,120	-5,595	-1,573	6,642	10,771
Depreciation	0	0	0	0	0	41	125	37	44	54	128	195	185	304	580
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-5,171	-2,897	0	0	0	0	-1,375	-1,186	0	0	0	-1,871	-2,064
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-1,271	2,721	1,195	71	-1,426	-14,560	12,681	-2,812	204	-255	51	-3,018	2,036	-3,528	10,627
Creditors	2,686	28,328	-7,250	-1,754	9,004	-8,610	-983	4,104	3,663	-623	-2,308	389	1,688	2,680	0
Accruals and Deferred Income	0	-11,936	10,935	1,001	0	0	0	0	0	0	0	0	0	-2,063	2,063
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	2,512	-46,704	24,865	11,520	1,172	8,470	-12,827	-1,806	8,951	4,130	-7,351	-1,993	-1,736	9,220	723
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0	-439	-25	0	-1,229
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0	-439	-25	0	-1,229
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	-11,794	11,794	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	-2,512	9,492	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	-100	0	100	0	-7,999	0	0	0	0	0	0	0	0	5,167
interest	0	-27	-329	7	4	0	16	35	51	18	26	50	61	42	0
cash flow from financing	-2,512	-2,429	11,465	107	4	-7,999	16	35	51	18	26	50	61	42	5,167
cash and cash equivalents
cash	0	-49,133	36,330	11,627	1,176	0	-12,949	-1,771	9,002	4,148	-7,325	-2,382	-1,700	9,261	3,716
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	-49,133	36,330	11,627	1,176	0	-12,949	-1,771	9,002	4,148	-7,325	-2,382	-1,700	9,261	3,716

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for ib service ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.

IB SERVICE LTD group structure

Ib Service Ltd has no subsidiary companies.

Ultimate parent company

IB SERVICE LTD

05916129

IB SERVICE LTD Shareholders

andrius runevic	50%
deividas stankevicius	50%

Ib Service Ltd currently has 3 directors. The longest serving directors include Mr Deividas Stankevicius (Dec 2019) and Mr Andrius Runevic (Jan 2020).

officer	country	age	start	end	role
Mr Deividas Stankevicius	England	40 years	Dec 2019	-	Director
Mr Andrius Runevic	England	54 years	Jan 2020	-	Director
Mr Andrius Runevic		54 years	May 2021	-	Director

P&L

August 2023

turnover

79.3k

+12%

operating profit

-1.4k

gross margin

35.6%

-12.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

-35.3k

+0.04%

total assets

2.7k

-0.32%

cash

net assets

Total assets minus all liabilities

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company number

05916129

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

82190 - Photocopying, document preparation and other specialised office support activities

69202 - Bookkeeping activities

incorporation date

August 2006

ultimate parent company

None

previous names

royall service ltd (May 2008)

royall transfer ltd (April 2008)

address

44 broadway, london, E15 1XH

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ib service ltd Company Information

ib service ltd Estimated Valuation

ib service ltd Estimated Valuation

ib service ltd Estimated Valuation

Ib Service Ltd Overview

Ib Service Ltd Health Check

IB SERVICE LTD financials

ib service ltd Credit Report and Business Information

Ib Service Ltd Competitor Analysis

ib service ltd Ownership

ib service ltd directors

ib service ltd company details

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ib service ltd Companies House Filings - See Documents