igp solutions limited

3.5

igp solutions limited Company Information

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Company Number

06719403

Registered Address

16 hillbottom road, high wycombe, buckinghamshire, HP12 4HJ

Industry

Glazing

 

Telephone

08004488855

Next Accounts Due

July 2025

Group Structure

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Directors

Nicholas Andrews16 Years

Gary Trickett16 Years

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Shareholders

paul marcus andrews 57%

gary richard buckland trickett 40%

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igp solutions limited Estimated Valuation

£375.1k

Pomanda estimates the enterprise value of IGP SOLUTIONS LIMITED at £375.1k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).

igp solutions limited Estimated Valuation

£81.1k

Pomanda estimates the enterprise value of IGP SOLUTIONS LIMITED at £81.1k based on an EBITDA of £24k and a 3.38x industry multiple (adjusted for size and gross margin).

igp solutions limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of IGP SOLUTIONS LIMITED at £1.1m based on Net Assets of £591.4k and 1.82x industry multiple (adjusted for liquidity).

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Igp Solutions Limited Overview

Igp Solutions Limited is a live company located in buckinghamshire, HP12 4HJ with a Companies House number of 06719403. It operates in the glazing sector, SIC Code 43342. Founded in October 2008, it's largest shareholder is paul marcus andrews with a 57% stake. Igp Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.

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Igp Solutions Limited Health Check

Pomanda's financial health check has awarded Igp Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1m, make it larger than the average company (£825.8k)

£1.1m - Igp Solutions Limited

£825.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.3%)

23% - Igp Solutions Limited

7.3% - Industry AVG

production

Production

with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)

30.5% - Igp Solutions Limited

30.5% - Industry AVG

profitability

Profitability

an operating margin of -0.6% make it less profitable than the average company (5.3%)

-0.6% - Igp Solutions Limited

5.3% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (6)

10 - Igp Solutions Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)

£29.9k - Igp Solutions Limited

£29.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.4k, this is equally as efficient (£125.8k)

£113.4k - Igp Solutions Limited

£125.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (40 days)

69 days - Igp Solutions Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (39 days)

20 days - Igp Solutions Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 39 days, this is more than average (23 days)

39 days - Igp Solutions Limited

23 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)

5 weeks - Igp Solutions Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (64%)

36.6% - Igp Solutions Limited

64% - Industry AVG

IGP SOLUTIONS LIMITED financials

EXPORTms excel logo

Igp Solutions Limited's latest turnover from October 2023 is estimated at £1.1 million and the company has net assets of £591.4 thousand. According to their latest financial statements, Igp Solutions Limited has 10 employees and maintains cash reserves of £20.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover1,134,332479,838584,735604,541807,093872,0321,694,3132,310,1824,541,1005,111,1127,714,2875,267,9692,981,5512,259,4840
Other Income Or Grants000000000000000
Cost Of Sales788,875338,432425,286426,663586,691647,4031,148,3211,540,7223,108,6233,310,1125,070,2383,464,9151,921,8051,438,4840
Gross Profit345,457141,406159,449177,878220,401224,629545,991769,4601,432,4761,801,0002,644,0491,803,0541,059,746820,9990
Admin Expenses352,69169,840148,091167,92174,361230,903451,437762,1701,443,7571,729,0512,518,6481,722,6061,040,121810,230-139,654
Operating Profit-7,23471,56611,3589,957146,040-6,27494,5547,290-11,28171,949125,40180,44819,62510,769139,654
Interest Payable000000000000000
Interest Receivable8869209186518319111339586339336339
Pre-Tax Profit-6,34872,48511,44810,043146,558-5,95594,5647,303-11,24272,008125,46480,48719,65810,832139,693
Tax0-13,772-2,175-1,908-27,8460-17,967-1,4600-15,122-28,857-19,317-5,111-3,033-39,114
Profit After Tax-6,34858,7139,2738,135118,712-5,95576,5975,842-11,24256,88696,60761,17014,5477,799100,579
Dividends Paid000000000000000
Retained Profit-6,34858,7139,2738,135118,712-5,95576,5975,842-11,24256,88696,60761,17014,5477,799100,579
Employee Costs298,971162,515229,132254,004419,435422,568393,346358,0451,217,2991,494,9082,076,9181,586,435846,381567,3460
Number Of Employees106810151515134255796133240
EBITDA*23,95182,04317,59521,140164,94514,600120,48931,5278,31689,456139,24489,91230,22620,766143,550

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets207,69064,3582,5488,78519,92834,87836,77346,67243,80853,14952,59216,15819,89726,99830,544
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets207,69064,3582,5488,78519,92834,87836,77346,67243,80853,14952,59216,15819,89726,99830,544
Stock & work in progress84,92565,49831,45646,85144,71777,12560,083120,09499,499100,47895,68132,13337,79234,47216,086
Trade Debtors215,60574,688119,02864,09392,36661,593370,724487,403819,069874,1611,132,258753,756472,617287,29536,773
Group Debtors00000000000006,263199,827
Misc Debtors403,987533,253433,815400,657405,454291,846168,270177,5110079,99632,01467,32347,5478,074
Cash20,14415,30266,448114,80656,95881,1313,8124,5855,6229,88513,50811,6483,7649,60115,487
misc current assets000000000000000
total current assets724,661688,741650,747626,407599,495511,695602,889789,593924,190984,5241,321,443829,551581,496385,178276,247
total assets932,351753,099653,295635,192619,423546,573639,662836,265967,9981,037,6731,374,035845,709601,393412,176306,791
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 44,43013,05615,36320,4149,03345,47544,025129,222637,922697,3401,079,444661,514478,368303,698206,112
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments52,08621,32700004,51714,1970000000
other current liabilities93,96383,63198,88285,00188,74898,168182,235356,0410000000
total current liabilities190,479118,014114,245105,41597,781143,643230,777499,460637,922697,3401,079,444661,514478,368303,698206,112
loans000000000000000
hp & lease commitments105,70937,322000004,5170000000
Accruals and Deferred Income000000000000000
other liabilities000000003,6302,64513,7890000
provisions44,74800000000000000
total long term liabilities150,45737,322000004,5173,6302,64513,7890000
total liabilities340,936155,336114,245105,41597,781143,643230,777503,977641,552699,9851,093,233661,514478,368303,698206,112
net assets591,415597,763539,050529,777521,642402,930408,885332,288326,446337,688280,802184,195123,025108,478100,679
total shareholders funds591,415597,763539,050529,777521,642402,930408,885332,288326,446337,688280,802184,195123,025108,478100,679
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-7,23471,56611,3589,957146,040-6,27494,5547,290-11,28171,949125,40180,44819,62510,769139,654
Depreciation31,18510,4776,23711,18318,90520,87425,93524,23719,59717,50713,8439,46410,6019,9973,896
Amortisation000000000000000
Tax0-13,772-2,175-1,908-27,8460-17,967-1,4600-15,122-28,857-19,317-5,111-3,033-39,114
Stock19,42734,042-15,3952,134-32,40817,042-60,01120,595-9794,79763,548-5,6593,32018,38616,086
Debtors11,65155,09888,093-33,070144,381-185,555-125,920-154,155-55,092-338,093426,484245,830198,83596,431244,674
Creditors31,374-2,307-5,05111,381-36,4421,450-85,197-508,700-59,418-382,104417,930183,146174,67097,586206,112
Accruals and Deferred Income10,332-15,25113,881-3,747-9,420-84,067-173,806356,0410000000
Deferred Taxes & Provisions44,74800000000000000
Cash flow from operations79,327-38,427-48,44857,802-20,736100,49629,45010,9684,96925,52638,28513,570-2,37050249,788
Investing Activities
capital expenditure-174,517-72,2870-40-3,955-18,979-16,036-27,101-10,256-18,064-50,277-5,725-3,500-6,451-34,440
Change in Investments000000000000000
cash flow from investments-174,517-72,2870-40-3,955-18,979-16,036-27,101-10,256-18,064-50,277-5,725-3,500-6,451-34,440
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments99,14658,649000-4,517-14,19718,7140000000
other long term liabilities0000000-3,630985-11,14413,7890000
share issue00000000000000100
interest8869209186518319111339586339336339
cash flow from financing100,03259,5699186518-4,198-14,18615,0971,024-11,08613,852393363139
cash and cash equivalents
cash4,842-51,146-48,35857,848-24,17377,319-773-1,037-4,263-3,6231,8607,884-5,837-5,88615,487
overdraft000000000000000
change in cash4,842-51,146-48,35857,848-24,17377,319-773-1,037-4,263-3,6231,8607,884-5,837-5,88615,487

igp solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Igp Solutions Limited Competitor Analysis

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Perform a competitor analysis for igp solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in HP12 area or any other competitors across 12 key performance metrics.

igp solutions limited Ownership

IGP SOLUTIONS LIMITED group structure

Igp Solutions Limited has no subsidiary companies.

Ultimate parent company

IGP SOLUTIONS LIMITED

06719403

IGP SOLUTIONS LIMITED Shareholders

paul marcus andrews 57%
gary richard buckland trickett 40%
john wright 3%

igp solutions limited directors

Igp Solutions Limited currently has 3 directors. The longest serving directors include Mr Nicholas Andrews (Oct 2008) and Mr Gary Trickett (Oct 2008).

officercountryagestartendrole
Mr Nicholas Andrews48 years Oct 2008- Director
Mr Gary TrickettEngland47 years Oct 2008- Director
Mr Paul Andrews75 years Nov 2014- Director

P&L

October 2023

turnover

1.1m

+136%

operating profit

-7.2k

0%

gross margin

30.5%

+3.34%

turnover

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

Balance Sheet

October 2023

net assets

591.4k

-0.01%

total assets

932.4k

+0.24%

cash

20.1k

+0.32%

net assets

Total assets minus all liabilities

igp solutions limited company details

company number

06719403

Type

Private limited with Share Capital

industry

43342 - Glazing

incorporation date

October 2008

age

16

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

16 hillbottom road, high wycombe, buckinghamshire, HP12 4HJ

accountant

-

auditor

-

igp solutions 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 igp solutions limited.

charges

igp solutions limited Companies House Filings - See Documents

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