ignite futures ltd
ignite futures ltd Company Information
Group Structure
View All
Industry
General secondary education
+3Registered Address
unit 5, cobden place, pelham street, nottingham, NG1 2ED
ignite futures ltd Estimated Valuation
Pomanda estimates the enterprise value of IGNITE FUTURES LTD at £159.8k based on a Turnover of £206.8k and 0.77x industry multiple (adjusted for size and gross margin).
ignite futures ltd Estimated Valuation
Pomanda estimates the enterprise value of IGNITE FUTURES LTD at £264.2k based on an EBITDA of £65.8k and a 4.01x industry multiple (adjusted for size and gross margin).
ignite futures ltd Estimated Valuation
Pomanda estimates the enterprise value of IGNITE FUTURES LTD at £257.7k based on Net Assets of £111.6k and 2.31x industry multiple (adjusted for liquidity).
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Ignite Futures Ltd Overview
Ignite Futures Ltd is a live company located in nottingham, NG1 2ED with a Companies House number of 05969189. It operates in the primary education sector, SIC Code 85200. Founded in October 2006, it's largest shareholder is unknown. Ignite Futures Ltd is a established, micro sized company, Pomanda has estimated its turnover at £206.8k with healthy growth in recent years.
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Ignite Futures Ltd Health Check
Pomanda's financial health check has awarded Ignite Futures Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £206.8k, make it smaller than the average company (£3.2m)
£206.8k - Ignite Futures Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7%)
14% - Ignite Futures Ltd
7% - Industry AVG
Production
with a gross margin of 56.2%, this company has a comparable cost of product (56.2%)
56.2% - Ignite Futures Ltd
56.2% - Industry AVG
Profitability
an operating margin of 31.8% make it more profitable than the average company (4.2%)
31.8% - Ignite Futures Ltd
4.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (61)
3 - Ignite Futures Ltd
61 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has an equivalent pay structure (£32.2k)
£32.8k - Ignite Futures Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £68.9k, this is more efficient (£52.9k)
£68.9k - Ignite Futures Ltd
£52.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (8 days)
23 days - Ignite Futures Ltd
8 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ignite Futures Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ignite Futures Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 453 weeks, this is more cash available to meet short term requirements (121 weeks)
453 weeks - Ignite Futures Ltd
121 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.8%, this is a lower level of debt than the average (13.6%)
7.8% - Ignite Futures Ltd
13.6% - Industry AVG
IGNITE FUTURES LTD financials
Ignite Futures Ltd's latest turnover from March 2024 is £206.8 thousand and the company has net assets of £111.6 thousand. According to their latest financial statements, Ignite Futures Ltd has 3 employees and maintains cash reserves of £82 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 206,847 | 95,478 | 98,345 | 139,908 | 78,414 | 105,616 | 76,954 | 57,533 | 277,455 | 495,080 | ||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 52,209 | -21,557 | 3,340 | 43,749 | -17,897 | 31,308 | 19,268 | -3,016 | -5,135 | -31,594 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -317 | ||||
| Profit After Tax | 52,209 | -21,557 | 3,340 | 43,749 | -17,897 | 31,308 | 19,268 | -3,016 | -5,135 | -31,911 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 52,209 | -21,557 | 3,340 | 43,749 | -17,897 | 31,308 | 19,268 | -3,016 | -5,135 | -31,911 | ||||
| Employee Costs | 98,318 | 69,074 | 63,061 | 33,026 | 31,166 | 30,174 | 32,198 | 27,441 | ||||||
| Number Of Employees | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 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 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,149 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,830 | 24,445 | 2,500 | 51,335 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 25,886 | 4,161 | 5,165 | 35,591 | 5,115 | 6,365 | 877 | 0 | 0 | 0 | 0 | 0 | 787 | 0 |
| Cash | 82,009 | 61,680 | 80,092 | 50,788 | 69,521 | 49,493 | 20,713 | 16,517 | 16,548 | 1,414 | 12,872 | 56,535 | 68,528 | 26,093 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 121,044 | 65,841 | 85,257 | 86,379 | 74,636 | 55,858 | 21,590 | 16,517 | 16,548 | 1,414 | 56,702 | 80,980 | 71,815 | 77,428 |
| total assets | 121,044 | 65,841 | 85,257 | 86,379 | 74,636 | 55,858 | 21,590 | 16,517 | 16,548 | 1,414 | 56,702 | 80,980 | 71,815 | 77,428 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,304 | 1,304 | 2,846 | 6,459 | 0 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,396 | 6,402 | 4,261 | 8,723 | 40,729 | 4,054 | 1,094 | 15,289 | 0 | 0 | 0 | 0 | 1,573 | 2,051 |
| total current liabilities | 9,396 | 6,402 | 4,261 | 8,723 | 40,729 | 4,054 | 1,094 | 15,289 | 12,304 | 1,304 | 2,846 | 6,459 | 1,573 | 2,051 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,297 | 0 |
| other liabilities | 0 | 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 | 7,945 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70,242 | 0 |
| total liabilities | 9,396 | 6,402 | 4,261 | 8,723 | 40,729 | 4,054 | 1,094 | 15,289 | 12,304 | 1,304 | 2,846 | 6,459 | 71,815 | 2,051 |
| net assets | 111,648 | 59,439 | 80,996 | 77,656 | 33,907 | 51,804 | 20,496 | 1,228 | 4,244 | 110 | 53,856 | 74,521 | 0 | 75,377 |
| total shareholders funds | 111,648 | 59,439 | 80,996 | 77,656 | 33,907 | 51,804 | 20,496 | 1,228 | 4,244 | 110 | 53,856 | 74,521 | 0 | 75,377 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -317 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 34,874 | -1,004 | -30,426 | 30,476 | -1,250 | 5,488 | 877 | 0 | 0 | -43,830 | 19,385 | 21,158 | -48,048 | 51,335 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,304 | 11,000 | -1,542 | -3,613 | 6,459 | 0 | 0 |
| Accruals and Deferred Income | 2,994 | 2,141 | -4,462 | -32,006 | 36,675 | 2,960 | -14,195 | 15,289 | 0 | 0 | 0 | -63,870 | 61,819 | 2,051 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,945 | 7,945 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Change in Investments | 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 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -70,242 | 107,288 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 20,329 | -18,412 | 29,304 | -18,733 | 20,028 | 28,780 | 4,196 | -31 | 15,134 | -11,458 | -43,663 | -11,993 | 42,435 | 26,093 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 20,329 | -18,412 | 29,304 | -18,733 | 20,028 | 28,780 | 4,196 | -31 | 15,134 | -11,458 | -43,663 | -11,993 | 42,435 | 26,093 |
ignite futures ltd Credit Report and Business Information
Ignite Futures Ltd Competitor Analysis
Perform a competitor analysis for ignite futures ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.
ignite futures ltd Ownership
IGNITE FUTURES LTD group structure
Ignite Futures Ltd has no subsidiary companies.
Ultimate parent company
IGNITE FUTURES LTD
05969189
ignite futures ltd directors
Ignite Futures Ltd currently has 9 directors. The longest serving directors include Mrs Hilda Dabrowa (Dec 2009) and Mr Joseph Burton (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hilda Dabrowa | England | 61 years | Dec 2009 | - | Director |
| Mr Joseph Burton | England | 32 years | Oct 2018 | - | Director |
| Mr Antony Bellekom | 70 years | Mar 2021 | - | Director | |
| Mrs Emma Sawula | England | 55 years | Mar 2023 | - | Director |
| Jo Hardy | England | 42 years | Dec 2023 | - | Director |
| Ms Katie Kinzett | England | 25 years | Mar 2024 | - | Director |
| Shivani Singhal | England | 35 years | Mar 2024 | - | Director |
| Mr Peter Scholes | United Kingdom | 56 years | Dec 2024 | - | Director |
| Professor Susan Anderson | England | 53 years | Dec 2024 | - | Director |
P&L
March 2024turnover
206.8k
+117%
operating profit
65.8k
0%
gross margin
56.2%
+3.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
111.6k
+0.88%
total assets
121k
+0.84%
cash
82k
+0.33%
net assets
Total assets minus all liabilities
Similar Companies
ignite futures ltd company details
company number
05969189
Type
Private Ltd By Guarantee w/o Share Cap
industry
85310 - General secondary education
85590 - Other education n.e.c.
85520 - Cultural education
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
M MARTIN
auditor
-
address
unit 5, cobden place, pelham street, nottingham, NG1 2ED
Bank
CO-OPERATIVE BANK PLC, CO-OPERATIVE BANK PLC, CO-OPERATIVE BANK PLC
Legal Advisor
-
ignite futures 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 ignite futures ltd.
ignite futures 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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ignite futures ltd Companies House Filings - See Documents
| date | description | view/download |
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