i f mackinnon capital ltd
i f mackinnon capital ltd Company Information
Company Number
06344190
Website
ifmackinnon.co.ukRegistered Address
northwood house ward avenue, cowes, PO31 8AZ
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
01983282925
Next Accounts Due
September 2024
Group Structure
View All
Directors
Iain MacKinnon16 Years
Shareholders
iain francis mackinnon 54.4%
senta holdings limited 32%
View Alli f mackinnon capital ltd Estimated Valuation
Pomanda estimates the enterprise value of I F MACKINNON CAPITAL LTD at £1.7m based on a Turnover of £4.1m and 0.42x industry multiple (adjusted for size and gross margin).
i f mackinnon capital ltd Estimated Valuation
Pomanda estimates the enterprise value of I F MACKINNON CAPITAL LTD at £819k based on an EBITDA of £233.9k and a 3.5x industry multiple (adjusted for size and gross margin).
i f mackinnon capital ltd Estimated Valuation
Pomanda estimates the enterprise value of I F MACKINNON CAPITAL LTD at £1.3m based on Net Assets of £618.2k and 2.12x industry multiple (adjusted for liquidity).
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I F Mackinnon Capital Ltd Overview
I F Mackinnon Capital Ltd is a live company located in cowes, PO31 8AZ with a Companies House number of 06344190. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2007, it's largest shareholder is iain francis mackinnon with a 54.4% stake. I F Mackinnon Capital Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.1m with rapid growth in recent years.
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I F Mackinnon Capital Ltd Health Check
Pomanda's financial health check has awarded I F Mackinnon Capital Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £4.1m, make it larger than the average company (£2.6m)
- I F Mackinnon Capital Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (4.4%)
- I F Mackinnon Capital Ltd
4.4% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (43.7%)
- I F Mackinnon Capital Ltd
43.7% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (5.8%)
- I F Mackinnon Capital Ltd
5.8% - Industry AVG
Employees
with 17 employees, this is similar to the industry average (21)
- I F Mackinnon Capital Ltd
21 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- I F Mackinnon Capital Ltd
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £238.3k, this is more efficient (£125.8k)
- I F Mackinnon Capital Ltd
£125.8k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (57 days)
- I F Mackinnon Capital Ltd
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- I F Mackinnon Capital Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- I F Mackinnon Capital Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - I F Mackinnon Capital Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.1%, this is a higher level of debt than the average (54.6%)
70.1% - I F Mackinnon Capital Ltd
54.6% - Industry AVG
I F MACKINNON CAPITAL LTD financials
I F Mackinnon Capital Ltd's latest turnover from December 2022 is estimated at £4.1 million and the company has net assets of £618.2 thousand. According to their latest financial statements, we estimate that I F Mackinnon Capital Ltd has 17 employees and maintains cash reserves of £12 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 14,030 | 30,420 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | 11,632 | 0 | ||||||||||||
| Admin Expenses | 8,588 | 10,499 | ||||||||||||
| Operating Profit | 3,044 | -10,499 | ||||||||||||
| Interest Payable | 23,448 | 222,853 | 0 | 0 | ||||||||||
| Interest Receivable | 224,828 | 1,585 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 456,149 | -191,214 | 14,005 | 420 | ||||||||||
| Tax | 0 | 0 | 0 | 0 | ||||||||||
| Profit After Tax | 456,149 | -191,214 | 14,005 | 420 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 456,149 | -191,214 | 14,005 | 420 | ||||||||||
| Employee Costs | 0 | |||||||||||||
| Number Of Employees | 1 | |||||||||||||
| EBITDA* | 11,044 | -2,499 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | 14,000 | 22,000 | 30,000 | 38,000 | 767,441 | 488,898 | 0 |
| Investments & Other | 995,878 | 957,955 | 1,194,766 | 1,111,178 | 2,201,188 | 2,270,105 | 1,757,519 | 1,281,233 | 1,417,366 | 1,000,634 | 934,133 | 0 | 0 | 385,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 995,878 | 957,955 | 1,194,766 | 1,111,178 | 2,201,188 | 2,270,105 | 1,763,519 | 1,295,233 | 1,439,366 | 1,030,634 | 972,133 | 767,441 | 488,898 | 385,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,073,227 | 957,692 | 0 | 120,206 | 0 | 0 | 0 | 306,779 | 152,352 | 334,066 | 101,151 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 1,010,880 | 525,568 | 655,973 | 184,902 | 227,118 | 0 | 0 | 0 | 0 | 0 | 32,715 | 32,715 |
| Misc Debtors | 0 | 0 | 7,222 | 735,015 | 1,057,420 | 407,553 | 79,583 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 12 | 980 | 151,261 | 117 | 0 | 3,344 | 201,891 | 0 | 1,032 | 1,636 | 13 | 33 | 13 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 58,496 | 0 | 0 | 500,001 | 500,000 | 0 | 0 | 0 |
| total current assets | 1,073,239 | 958,672 | 1,169,363 | 1,380,906 | 1,713,393 | 595,799 | 567,088 | 306,779 | 153,384 | 835,703 | 601,164 | 33 | 32,728 | 32,715 |
| total assets | 2,069,117 | 1,916,627 | 2,364,129 | 2,492,084 | 3,914,581 | 2,865,904 | 2,330,607 | 1,602,012 | 1,592,750 | 1,866,337 | 1,573,297 | 767,474 | 521,626 | 417,715 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1 | 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 | 809,096 | 0 | 0 | 0 | 0 | 0 | 467,470 | 299,988 | 792,036 | 456,908 | 103,075 | 51,500 | 0 |
| Group/Directors Accounts | 299,032 | 0 | 238,334 | 526,726 | 1,159,296 | 812,571 | 976,798 | 0 | 0 | 0 | 0 | 0 | 215,906 | 177,500 |
| 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 | 473,106 | 0 | 822,575 | 912,707 | 824,410 | 216,166 | 43,127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 772,138 | 809,096 | 1,060,909 | 1,439,433 | 1,983,707 | 1,028,737 | 1,019,925 | 467,470 | 299,988 | 792,036 | 456,908 | 103,075 | 267,406 | 177,500 |
| 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 | 0 | 0 |
| other liabilities | 678,740 | 678,740 | 678,740 | 500,000 | 550,000 | 550,000 | 0 | 330,009 | 297,015 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 57,596 | 57,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 678,740 | 678,740 | 678,740 | 500,000 | 607,596 | 607,596 | 0 | 330,009 | 297,015 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,450,878 | 1,487,836 | 1,739,649 | 1,939,433 | 2,591,303 | 1,636,333 | 1,019,925 | 797,479 | 597,003 | 792,036 | 456,908 | 103,075 | 267,406 | 177,500 |
| net assets | 618,239 | 428,791 | 624,480 | 552,651 | 1,323,278 | 1,229,571 | 1,310,682 | 804,533 | 995,747 | 1,074,301 | 1,116,389 | 664,399 | 254,220 | 240,215 |
| total shareholders funds | 618,239 | 428,791 | 624,480 | 552,651 | 1,323,278 | 1,229,571 | 1,310,682 | 804,533 | 995,747 | 1,074,301 | 1,116,389 | 664,399 | 254,220 | 240,215 |
| 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 | 3,044 | -10,499 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 6,000 | 8,000 | 8,000 | 8,000 | 8,000 | 2,000 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 115,535 | -60,410 | -362,687 | -332,604 | 1,120,938 | 285,754 | -78 | 154,427 | -181,714 | 232,915 | 101,151 | -32,715 | 0 | 32,715 |
| Creditors | -809,096 | 809,096 | 0 | 0 | 0 | 0 | -467,470 | 167,482 | -492,048 | 335,128 | 353,833 | 51,575 | 51,500 | 0 |
| Accruals and Deferred Income | 473,106 | -822,575 | -90,132 | 88,297 | 608,244 | 173,039 | 43,127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -57,596 | 0 | 57,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -413,221 | 10,556 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 37,923 | -236,811 | 83,588 | -1,090,010 | -68,917 | 512,586 | 476,286 | -136,133 | 416,732 | 66,501 | 934,133 | 0 | -385,000 | 385,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 299,032 | -238,334 | -288,392 | -632,570 | 346,725 | -164,227 | 976,798 | 0 | 0 | 0 | 0 | -215,906 | 38,406 | 177,500 |
| 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 | 178,740 | -50,000 | 0 | 550,000 | -330,009 | 32,994 | 297,015 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 201,380 | -221,268 | 0 | 0 | ||||||||||
| cash flow from financing | 898,169 | -188,274 | 38,406 | 417,295 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -968 | -150,281 | 151,144 | 117 | -3,344 | -198,547 | 201,891 | -1,032 | -604 | 1,623 | -20 | 20 | 13 | 0 |
| overdraft | 0 | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -968 | -150,281 | 151,144 | 118 | -3,345 | -198,547 | 201,891 | -1,032 | -604 | 1,623 | -20 | 20 | 13 | 0 |
i f mackinnon capital ltd Credit Report and Business Information
I F Mackinnon Capital Ltd Competitor Analysis
Perform a competitor analysis for i f mackinnon capital ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in PO31 area or any other competitors across 12 key performance metrics.
i f mackinnon capital ltd Ownership
I F MACKINNON CAPITAL LTD group structure
I F Mackinnon Capital Ltd has 1 subsidiary company.
Ultimate parent company
I F MACKINNON CAPITAL LTD
06344190
1 subsidiary
i f mackinnon capital ltd directors
I F Mackinnon Capital Ltd currently has 1 director, Mr Iain MacKinnon serving since Sep 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iain MacKinnon | England | 65 years | Sep 2007 | - | Director |
P&L
December 2022turnover
4.1m
+86%
operating profit
233.9k
0%
gross margin
24.1%
+6.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
618.2k
+0.44%
total assets
2.1m
+0.08%
cash
12
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
i f mackinnon capital ltd company details
company number
06344190
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
August 2007
age
17
accounts
Unaudited Abridged
ultimate parent company
previous names
i.f. mackinnon & company ltd (January 2011)
rp 348 limited (August 2010)
incorporated
UK
address
northwood house ward avenue, cowes, PO31 8AZ
last accounts submitted
December 2022
i f mackinnon capital 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 found 1 charges/mortgages relating to i f mackinnon capital ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
i f mackinnon capital ltd Companies House Filings - See Documents
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