first idea international limitedEstimated Valuation
£16.4m
Pomanda estimates the enterprise value of FIRST IDEA INTERNATIONAL LIMITED at £16.4m based on a Turnover of £16m and 1.03x industry multiple (adjusted for size and gross margin).
first idea international limitedEstimated Valuation
£23.4m
Pomanda estimates the enterprise value of FIRST IDEA INTERNATIONAL LIMITED at £23.4m based on an EBITDA of £3.1m and a 7.53x industry multiple (adjusted for size and gross margin).
first idea international limitedEstimated Valuation
£14.9m
Pomanda estimates the enterprise value of FIRST IDEA INTERNATIONAL LIMITED at £14.9m based on Net Assets of £7m and 2.13x industry multiple (adjusted for liquidity).
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First Idea International LimitedOverview
First Idea International Limited is a live company located in london, W1W 6AN with a Companies House number of 06588820. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2008, it's largest shareholder is
mr jonathan gray
with a 100% stake. First Idea International Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£16m with
healthy
growth in recent years.
Pomanda's financial health check has awarded First Idea International Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
3 Weak
Size
annual sales of £16m, make it larger than the average company (£4m)
£16m - First Idea International Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3%)
8% - First Idea International Limited
3% - Industry AVG
Production
with a gross margin of 64.1%, this company has a lower cost of product (38.4%)
64.1% - First Idea International Limited
38.4% - Industry AVG
Profitability
an operating margin of 18.6% make it more profitable than the average company (6.2%)
18.6% - First Idea International Limited
6.2% - Industry AVG
Employees
with 22 employees, this is similar to the industry average (25)
22 - First Idea International Limited
25 - Industry AVG
Pay Structure
on an average salary of £180.4k, the company has a higher pay structure (£51.3k)
£180.4k - First Idea International Limited
£51.3k - Industry AVG
Efficiency
resulting in sales per employee of £725.2k, this is more efficient (£162.2k)
£725.2k - First Idea International Limited
£162.2k - Industry AVG
Debtor Days
it gets paid by customers after 268 days, this is later than average (44 days)
268 days - First Idea International Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (33 days)
30 days - First Idea International Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First Idea International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is more cash available to meet short term requirements (23 weeks)
31 weeks - First Idea International Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a higher level of debt than the average (63.6%)
75.1% - First Idea International Limited
63.6% - Industry AVG
FIRST IDEA INTERNATIONAL LIMITED financials
EXPORT
First Idea International Limited's latest turnover from December 2022 is £16 million and the company has net assets of £7 million. According to their latest financial statements, First Idea International Limited has 22 employees and maintains cash reserves of £6.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
15,953,671
12,351,744
18,035,848
12,507,443
5,386,794
1,134,055
767,382
1,079,142
293,693
98,876
188,461
124,719
2,006
Other Income Or Grants
Cost Of Sales
5,724,107
3,551,427
5,541,530
7,798,951
3,378,056
707,414
471,167
667,176
185,752
46,659
240,978
33,570
1,190
Gross Profit
10,229,564
8,800,317
12,494,318
4,708,492
2,008,737
426,641
296,215
411,966
107,940
52,217
-52,517
91,149
816
Admin Expenses
7,265,058
5,340,136
5,538,086
1,755,484
292,440
-751,866
-486,680
111,164
116,990
660
1,287
-21,395
1,116
14,088
Operating Profit
2,964,506
3,460,181
6,956,232
2,953,008
1,716,297
1,178,507
782,895
300,802
-9,050
51,557
-53,804
112,544
-1,116
-13,272
Interest Payable
26,782
8,390
26,024
46
Interest Receivable
3,125
4,337
37,934
7,626
8,547
5,008
6,760
291
Pre-Tax Profit
3,015,779
3,482,432
6,934,545
2,990,942
1,723,923
1,187,054
787,902
307,563
-8,759
51,603
-53,804
90,362
-1,109
-13,268
Tax
-436,232
-742,775
-1,361,972
-568,279
-327,545
-225,540
-149,701
-61,512
-3,501
4,625
-4,650
Profit After Tax
2,579,547
2,739,657
5,572,573
2,422,663
1,396,378
961,514
638,201
246,050
-8,759
48,102
-49,179
85,712
-1,109
-13,268
Dividends Paid
1,200,000
6,881,799
2,489,427
Retained Profit
1,379,547
-4,142,142
3,083,146
2,422,663
1,396,378
961,514
638,201
246,050
-8,759
48,102
-49,179
85,712
-1,109
-13,268
Employee Costs
3,968,375
3,110,247
2,834,703
91,940
88,542
83,955
75,724
342,071
112,884
37,694
73,446
36,884
36,098
35,721
Number Of Employees
22
26
27
2
2
2
2
9
3
1
2
1
1
1
EBITDA*
3,113,472
3,596,862
7,004,557
2,967,431
1,720,012
1,179,293
782,895
300,802
-9,050
51,557
-53,804
112,544
-1,116
-13,272
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
263,698
111,431
134,452
41,149
38,258
5,505
Intangible Assets
250,283
333,711
Investments & Other
523,262
506,859
10
10
10
Debtors (Due After 1 year)
Total Fixed Assets
1,037,243
952,001
134,452
41,159
38,268
5,515
Stock & work in progress
Trade Debtors
11,746,370
9,787,593
14,266,595
1,155,705
1,508,445
276,127
37,865
Group Debtors
22,154
66,935
97,985
4,406
47,975
47,975
Misc Debtors
8,597,408
4,725,709
856,938
206,988
403,934
105,521
35,379
50,801
100
4,750
100
100
100
Cash
6,618,720
6,864,598
4,841,446
8,796,968
1,318,839
714,822
1,302,355
2,703,917
109
116,323
12,811
92,472
1,391
1,541
misc current assets
35,433
15,516
1,024,993
941,011
total current assets
26,962,498
21,400,054
19,964,979
10,262,029
3,344,719
2,125,869
2,326,720
2,802,693
37,974
116,423
17,561
92,572
1,491
1,641
total assets
27,999,741
22,352,055
20,099,431
10,303,188
3,382,987
2,131,384
2,326,720
2,802,693
37,974
116,423
17,561
92,572
1,491
1,641
Bank overdraft
359,173
Bank loan
Trade Creditors
483,517
132,383
355,961
4,406,399
241,999
85,527
205,489
168,073
35,674
Group/Directors Accounts
4,483
54,624
53,644
74,106
74,106
74,106
other short term finances
hp & lease commitments
other current liabilities
10,609,743
8,009,342
8,090,892
799,672
480,837
370,272
205,974
94,397
50,740
960
6,330
960
total current liabilities
11,093,260
8,141,725
8,806,026
5,206,071
722,836
455,799
415,946
262,470
35,674
105,364
54,604
80,436
75,066
74,106
loans
hp & lease commitments
Accruals and Deferred Income
1,548,637
58,312
44,009
455,821
1,024,223
2,291,873
other liabilities
9,924,308
8,607,704
provisions
total long term liabilities
9,924,308
8,607,704
1,548,637
58,312
44,009
455,821
1,024,223
2,291,873
total liabilities
21,017,568
16,749,429
10,354,663
5,264,383
766,845
911,620
1,440,169
2,554,343
35,674
105,364
54,604
80,436
75,066
74,106
net assets
6,982,173
5,602,626
9,744,768
5,038,805
2,616,142
1,219,764
886,551
248,350
2,300
11,059
-37,043
12,136
-73,575
-72,465
total shareholders funds
6,982,173
5,602,626
9,744,768
5,038,805
2,616,142
1,219,764
886,551
248,350
2,300
11,059
-37,043
12,136
-73,575
-72,465
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
2,964,506
3,460,181
6,956,232
2,953,008
1,716,297
1,178,507
782,895
300,802
-9,050
51,557
-53,804
112,544
-1,116
-13,272
Depreciation
65,538
53,253
48,325
14,423
3,715
786
Amortisation
83,428
83,428
Tax
-436,232
-742,775
-1,361,972
-568,279
-327,545
-225,540
-149,701
-61,512
-3,501
4,625
-4,650
Stock
Debtors
5,808,322
-588,077
13,693,905
-580,736
1,624,310
287,278
-15,422
60,911
37,765
-4,650
4,650
100
Creditors
351,134
-223,578
-4,050,438
4,164,400
156,472
-82,546
37,416
132,399
35,674
Accruals and Deferred Income
2,600,401
-1,630,187
8,781,545
333,138
-301,247
-1,560,177
-1,156,073
2,386,270
-50,740
49,780
-5,370
5,370
960
Deferred Taxes & Provisions
Cash flow from operations
-179,547
1,588,399
-3,320,213
7,477,426
-376,618
-976,248
-470,041
2,697,048
-61,881
102,486
-59,199
113,264
-156
-13,372
Investing Activities
capital expenditure
-17,314
-36,468
-6,291
Change in Investments
16,403
506,859
-10
10
cash flow from investments
-16,403
-506,859
10
-17,314
-36,468
-6,301
Financing Activities
Bank loans
Group/Directors Accounts
4,483
-54,624
980
-20,462
74,106
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,316,604
8,607,704
share issue
1,622,817
9,900
-1
-1
-59,197
interest
-23,657
-8,390
-21,687
37,934
7,626
8,547
5,008
6,760
291
-46
cash flow from financing
1,292,947
8,599,314
1,601,130
37,934
7,626
18,447
9,491
6,760
-54,333
934
-20,462
-1
-1
14,909
cash and cash equivalents
cash
-245,878
2,023,152
-3,955,522
7,478,129
604,017
-1,989,095
-1,401,562
2,703,808
-116,214
103,512
-79,661
91,081
-150
1,541
overdraft
-359,173
359,173
change in cash
-245,878
2,382,325
-4,314,695
7,478,129
604,017
-1,989,095
-1,401,562
2,703,808
-116,214
103,512
-79,661
91,081
-150
1,541
first idea international limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for first idea international limited. Get real-time insights into first idea international limited's credit score, group structure and payment trends.
First Idea International Limited Competitor Analysis
Perform a competitor analysis for first idea international limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in W1W area or any other competitors across 12 key performance metrics.
first idea international limited Ownership
FIRST IDEA INTERNATIONAL LIMITED group structure
First Idea International Limited has 1 subsidiary company.
82990 - Other business support service activities n.e.c.
incorporation date
May 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
December 2022
previous names
jg london limited (October 2016)
accountant
-
auditor
SHAW WALLACE
address
suite 1, first floor, 1 duchess street, london, W1W 6AN
Bank
-
Legal Advisor
-
first idea international 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 first idea international limited.
first idea international limited 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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first idea international limitedCompanies House Filings - See Documents
