ihasco ltd
ihasco ltd Company Information
Company Number
06447099
Next Accounts
Sep 2025
Industry
Other software publishing
Video production activities
Shareholders
citation holdings limited
Group Structure
View All
Contact
Registered Address
kings court water lane, wilmslow, cheshire, SK9 5AR
Website
http://ihasco.co.ukihasco ltd Estimated Valuation
Pomanda estimates the enterprise value of IHASCO LTD at £28.8m based on a Turnover of £21m and 1.37x industry multiple (adjusted for size and gross margin).
ihasco ltd Estimated Valuation
Pomanda estimates the enterprise value of IHASCO LTD at £56.2m based on an EBITDA of £9.8m and a 5.72x industry multiple (adjusted for size and gross margin).
ihasco ltd Estimated Valuation
Pomanda estimates the enterprise value of IHASCO LTD at £38m based on Net Assets of £22.3m and 1.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ihasco Ltd Overview
Ihasco Ltd is a live company located in cheshire, SK9 5AR with a Companies House number of 06447099. It operates in the other software publishing sector, SIC Code 58290. Founded in December 2007, it's largest shareholder is citation holdings limited with a 100% stake. Ihasco Ltd is a established, large sized company, Pomanda has estimated its turnover at £21m with rapid growth in recent years.
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Ihasco Ltd Health Check
Pomanda's financial health check has awarded Ihasco Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £21m, make it larger than the average company (£2.9m)
£21m - Ihasco Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (11.9%)
49% - Ihasco Ltd
11.9% - Industry AVG
Production
with a gross margin of 75.3%, this company has a comparable cost of product (64.5%)
75.3% - Ihasco Ltd
64.5% - Industry AVG
Profitability
an operating margin of 44.5% make it more profitable than the average company (6.1%)
44.5% - Ihasco Ltd
6.1% - Industry AVG
Employees
with 87 employees, this is above the industry average (22)
87 - Ihasco Ltd
22 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has a higher pay structure (£57.4k)
£72.8k - Ihasco Ltd
£57.4k - Industry AVG
Efficiency
resulting in sales per employee of £241k, this is more efficient (£117k)
£241k - Ihasco Ltd
£117k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (52 days)
62 days - Ihasco Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (39 days)
24 days - Ihasco Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ihasco Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Ihasco Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.5%, this is a lower level of debt than the average (62%)
39.5% - Ihasco Ltd
62% - Industry AVG
IHASCO LTD financials
Ihasco Ltd's latest turnover from December 2023 is £21 million and the company has net assets of £22.3 million. According to their latest financial statements, Ihasco Ltd has 87 employees and maintains cash reserves of £912.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,966,937 | 16,365,609 | 12,188,866 | 6,293,870 | 5,568,268 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 5,181,660 | 4,946,748 | 3,762,061 | 2,592,296 | 2,190,480 | ||||||||||
| Gross Profit | 15,785,277 | 11,418,861 | 8,426,805 | 3,701,574 | 3,377,788 | ||||||||||
| Admin Expenses | 6,458,478 | 4,577,543 | 3,484,394 | 4,214,008 | 1,717,122 | ||||||||||
| Operating Profit | 9,326,799 | 6,841,318 | 4,942,411 | -512,434 | 1,660,666 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Interest Receivable | 0 | 36 | 0 | 0 | 2,806 | ||||||||||
| Pre-Tax Profit | 9,326,799 | 6,841,354 | 4,942,411 | -512,434 | 1,663,472 | ||||||||||
| Tax | 131,657 | 536,474 | 24,003 | 444,115 | -981,890 | ||||||||||
| Profit After Tax | 9,458,456 | 7,377,828 | 4,966,414 | -68,319 | 681,582 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 1,472,000 | ||||||||||
| Retained Profit | 9,458,456 | 7,377,828 | 4,966,414 | -68,319 | -790,418 | ||||||||||
| Employee Costs | 6,331,407 | 6,091,953 | 5,323,932 | 3,862,287 | |||||||||||
| Number Of Employees | 87 | 106 | 74 | 68 | 72 | 64 | 55 | 51 | 43 | ||||||
| EBITDA* | 9,821,711 | 7,481,134 | 5,479,150 | -199,212 | 2,044,647 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 396,342 | 521,000 | 74,634 | 53,524 | 59,308 | 40,784 | 42,651 | 40,213 | 41,854 | 44,270 | 10,612 | 6,974 | 2,987 | 4,527 | 6,202 |
| Intangible Assets | 919,983 | 758,679 | 787,546 | 745,995 | 649,458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 400,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 24,250 | 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 | 1,316,325 | 1,279,679 | 862,180 | 799,519 | 708,766 | 65,034 | 42,651 | 40,213 | 41,854 | 44,270 | 10,612 | 6,974 | 202,987 | 404,527 | 6,202 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,616,933 | 3,157,516 | 2,217,944 | 1,542,372 | 1,850,237 | 1,458,467 | 837,921 | 774,399 | 478,422 | 0 | 112,395 | 136,174 | 90,870 | 119,713 | 69,812 |
| Group Debtors | 30,709,342 | 19,789,888 | 11,862,617 | 5,360,551 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 361,603 | 255,158 | 242,731 | 111,821 | 414,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 912,775 | 1,461,525 | 1,279,557 | 2,349,087 | 3,168,696 | 2,026,964 | 1,183,773 | 814,808 | 838,042 | 525,845 | 328,077 | 105,238 | 94,733 | 32,636 | 39,590 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,600,653 | 24,664,087 | 15,602,849 | 9,363,831 | 5,433,377 | 3,485,431 | 2,021,694 | 1,589,207 | 1,316,464 | 525,845 | 440,472 | 241,412 | 185,603 | 152,349 | 109,402 |
| total assets | 36,916,978 | 25,943,766 | 16,465,029 | 10,163,350 | 6,142,143 | 3,550,465 | 2,064,345 | 1,629,420 | 1,358,318 | 570,115 | 451,084 | 248,386 | 388,590 | 556,876 | 115,604 |
| 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 | 346,657 | 105,503 | 91,394 | 42,141 | 46,913 | 1,073,501 | 586,700 | 471,429 | 482,837 | 285,805 | 309,181 | 144,887 | 289,765 | 520,063 | 80,079 |
| 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 | 13,798,647 | 12,954,003 | 10,867,203 | 9,579,607 | 4,079,553 | 1,054,336 | 741,271 | 534,105 | 425,346 | 20,263 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 14,145,304 | 13,059,506 | 10,958,597 | 9,621,748 | 4,126,466 | 2,127,837 | 1,327,971 | 1,005,534 | 908,183 | 306,068 | 309,181 | 144,887 | 289,765 | 520,063 | 80,079 |
| 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 | 428,958 | 0 | 0 | 0 | 1,396,072 | 16,124 | 22,077 | 80,000 | 119,379 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 1,584 | 11,268 | 7,749 | 8,104 | 8,371 | 8,371 | 8,854 | 2,122 | 1,395 | 0 | 0 | 0 |
| total long term liabilities | 428,958 | 0 | 0 | 1,584 | 1,407,340 | 23,873 | 30,181 | 88,371 | 127,750 | 8,854 | 2,122 | 1,395 | 0 | 0 | 0 |
| total liabilities | 14,574,262 | 13,059,506 | 10,958,597 | 9,623,332 | 5,533,806 | 2,151,710 | 1,358,152 | 1,093,905 | 1,035,933 | 314,922 | 311,303 | 146,282 | 289,765 | 520,063 | 80,079 |
| net assets | 22,342,716 | 12,884,260 | 5,506,432 | 540,018 | 608,337 | 1,398,755 | 706,193 | 535,515 | 322,385 | 255,193 | 139,781 | 102,104 | 98,825 | 36,813 | 35,525 |
| total shareholders funds | 22,342,716 | 12,884,260 | 5,506,432 | 540,018 | 608,337 | 1,398,755 | 706,193 | 535,515 | 322,385 | 255,193 | 139,781 | 102,104 | 98,825 | 36,813 | 35,525 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 9,326,799 | 6,841,318 | 4,942,411 | -512,434 | 1,660,666 | ||||||||||
| Depreciation | 135,661 | 115,497 | 52,298 | 26,853 | 54,384 | 33,988 | 33,098 | 27,638 | 25,762 | 10,611 | 6,975 | 2,986 | 4,526 | 3,961 | |
| Amortisation | 359,251 | 524,319 | 484,441 | 286,369 | 329,597 | 0 | 0 | 0 | 0 | 0 | 200,000 | 200,000 | 200,000 | 0 | |
| Tax | 131,657 | 536,474 | 24,003 | 444,115 | -981,890 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 11,485,316 | 8,879,270 | 7,308,548 | 5,556,277 | 806,214 | 620,546 | 63,522 | 295,977 | 478,422 | -112,395 | -23,779 | 45,304 | -28,843 | 49,901 | 69,812 |
| Creditors | 241,154 | 14,109 | 49,253 | -1,031,360 | -1,026,588 | 486,801 | 115,271 | -11,408 | 197,032 | -23,376 | 164,294 | -144,878 | -230,298 | 439,984 | 80,079 |
| Accruals and Deferred Income | 1,273,602 | 2,086,800 | 1,287,596 | 8,509,147 | 4,405,165 | 307,112 | 149,243 | 69,380 | 524,462 | 20,263 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -1,584 | -6,165 | 3,519 | -355 | -267 | 0 | -483 | 6,732 | 727 | 1,395 | 0 | 0 | 0 |
| Cash flow from operations | -17,192 | 1,239,247 | -470,130 | 2,160,248 | 3,638,639 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | -24,250 | -24,250 | 24,250 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 36 | 0 | 0 | 2,806 | ||||||||||
| cash flow from financing | 0 | 36 | 0 | -790,418 | 2,806 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -548,750 | 181,968 | -1,069,530 | 322,123 | 1,141,732 | 843,191 | 368,965 | -23,234 | 312,197 | 197,768 | 222,839 | 10,505 | 62,097 | -6,954 | 39,590 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -548,750 | 181,968 | -1,069,530 | 322,123 | 1,141,732 | 843,191 | 368,965 | -23,234 | 312,197 | 197,768 | 222,839 | 10,505 | 62,097 | -6,954 | 39,590 |
ihasco ltd Credit Report and Business Information
Ihasco Ltd Competitor Analysis
Perform a competitor analysis for ihasco ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in SK9 area or any other competitors across 12 key performance metrics.
ihasco ltd Ownership
IHASCO LTD group structure
Ihasco Ltd has no subsidiary companies.
Ultimate parent company
ROCKET TOPCO LTD
#0124805
2 parents
IHASCO LTD
06447099
ihasco ltd directors
Ihasco Ltd currently has 6 directors. The longest serving directors include Mr Nathan Pitman (Oct 2020) and Mr Christopher Morris (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Pitman | United Kingdom | 47 years | Oct 2020 | - | Director |
| Mr Christopher Morris | United Kingdom | 52 years | Oct 2020 | - | Director |
| Mr Christopher Morris | United Kingdom | 52 years | Oct 2020 | - | Director |
| Ms Eloise Wann | United Kingdom | 47 years | Oct 2020 | - | Director |
| Ms Eloise Wann | United Kingdom | 47 years | Oct 2020 | - | Director |
| Mr Matthew Stacey | United Kingdom | 47 years | Oct 2020 | - | Director |
P&L
December 2023turnover
21m
+28%
operating profit
9.3m
+36%
gross margin
75.3%
+7.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.3m
+0.73%
total assets
36.9m
+0.42%
cash
912.8k
-0.38%
net assets
Total assets minus all liabilities
ihasco ltd company details
company number
06447099
Type
Private limited with Share Capital
industry
58290 - Other software publishing
59112 - Video production activities
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
ihasco limited (August 2019)
the interactive health and safety company ltd (August 2019)
accountant
-
auditor
-
address
kings court water lane, wilmslow, cheshire, SK9 5AR
Bank
-
Legal Advisor
-
ihasco 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 2 charges/mortgages relating to ihasco ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
ihasco 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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ihasco ltd Companies House Filings - See Documents
| date | description | view/download |
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