ikom commercial ltd Company Information
Company Number
06926607
Website
-Registered Address
27 poundgate lane, coventry, west midlands, CV4 8HJ
Industry
Buying and selling of own real estate
Development of building projects
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Sundeep Virk5 Years
Shareholders
sundeep singh virk 100%
ikom commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of IKOM COMMERCIAL LTD at £37.7k based on a Turnover of £37.8k and 1x industry multiple (adjusted for size and gross margin).
ikom commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of IKOM COMMERCIAL LTD at £0 based on an EBITDA of £-316 and a 3.24x industry multiple (adjusted for size and gross margin).
ikom commercial ltd Estimated Valuation
Pomanda estimates the enterprise value of IKOM COMMERCIAL LTD at £0 based on Net Assets of £-18.8k and 1.45x industry multiple (adjusted for liquidity).
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Ikom Commercial Ltd Overview
Ikom Commercial Ltd is a live company located in west midlands, CV4 8HJ with a Companies House number of 06926607. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2009, it's largest shareholder is sundeep singh virk with a 100% stake. Ikom Commercial Ltd is a established, micro sized company, Pomanda has estimated its turnover at £37.8k with declining growth in recent years.
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Ikom Commercial Ltd Health Check
Pomanda's financial health check has awarded Ikom Commercial Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £37.8k, make it smaller than the average company (£1.6m)
- Ikom Commercial Ltd
£1.6m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (2.6%)
- Ikom Commercial Ltd
2.6% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 18.4%, this company has a higher cost of product (48.4%)
- Ikom Commercial Ltd
48.4% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -0.8% make it less profitable than the average company (18.3%)
- Ikom Commercial Ltd
18.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (5)
1 - Ikom Commercial Ltd
5 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Ikom Commercial Ltd
£42.8k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£243.3k)
- Ikom Commercial Ltd
£243.3k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (26 days)
- Ikom Commercial Ltd
26 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 244 days, this is slower than average (31 days)
- Ikom Commercial Ltd
31 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ikom Commercial Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ikom Commercial Ltd
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 1145.2%, this is a higher level of debt than the average (67.8%)
1145.2% - Ikom Commercial Ltd
67.8% - Industry AVG
IKOM COMMERCIAL LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Ikom Commercial Ltd's latest turnover from June 2023 is estimated at £37.8 thousand and the company has net assets of -£18.8 thousand. According to their latest financial statements, Ikom Commercial Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 1 | 1 | ||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 9,350 | 9,350 | 9,350 | 0 | 9,350 | 0 | 0 |
Trade Debtors | 1,802 | 2,088 | 125 | 0 | 9,350 | 9,350 | 9,350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,242 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,802 | 2,088 | 125 | 0 | 9,350 | 9,350 | 9,350 | 9,350 | 9,350 | 9,350 | 0 | 9,350 | 0 | 6,242 |
total assets | 1,802 | 2,088 | 125 | 0 | 9,350 | 9,350 | 9,350 | 9,350 | 9,350 | 9,350 | 0 | 9,350 | 0 | 6,242 |
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 | 20,636 | 20,606 | 18,286 | 17,771 | 17,371 | 21,189 | 25,186 | 25,186 | 25,186 | 25,186 | 15,836 | 15,836 | 6,366 | 12,294 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 20,636 | 20,606 | 18,286 | 17,771 | 17,371 | 21,189 | 25,186 | 25,186 | 25,186 | 25,186 | 15,836 | 15,836 | 6,366 | 12,294 |
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 | 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 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 20,636 | 20,606 | 18,286 | 17,771 | 17,371 | 21,189 | 25,186 | 25,186 | 25,186 | 25,186 | 15,836 | 15,836 | 6,366 | 12,294 |
net assets | -18,834 | -18,518 | -18,161 | -17,771 | -8,021 | -11,839 | -15,836 | -15,836 | -15,836 | -15,836 | -15,836 | -6,486 | -6,366 | -6,052 |
total shareholders funds | -18,834 | -18,518 | -18,161 | -17,771 | -8,021 | -11,839 | -15,836 | -15,836 | -15,836 | -15,836 | -15,836 | -6,486 | -6,366 | -6,052 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -9,350 | 0 | 0 | 9,350 | -9,350 | 9,350 | 0 | 0 |
Debtors | -286 | 1,963 | 125 | -9,350 | 0 | 0 | 9,350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Creditors | 30 | 2,320 | 515 | 400 | -3,818 | -3,997 | 0 | 0 | 0 | 9,350 | 0 | 9,470 | -5,928 | 12,294 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 |
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 | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,242 | 6,242 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,242 | 6,242 |
ikom commercial ltd Credit Report and Business Information
Ikom Commercial Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for ikom commercial ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CV4 area or any other competitors across 12 key performance metrics.
ikom commercial ltd Ownership
IKOM COMMERCIAL LTD group structure
Ikom Commercial Ltd has no subsidiary companies.
Ultimate parent company
IKOM COMMERCIAL LTD
06926607
ikom commercial ltd directors
Ikom Commercial Ltd currently has 1 director, Mr Sundeep Virk serving since Sep 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Sundeep Virk | England | 44 years | Sep 2018 | - | Director |
P&L
June 2023turnover
37.8k
+77%
operating profit
-316
0%
gross margin
18.5%
-1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-18.8k
+0.02%
total assets
1.8k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
ikom commercial ltd company details
company number
06926607
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
June 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
27 poundgate lane, coventry, west midlands, CV4 8HJ
last accounts submitted
June 2023
ikom commercial 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 ikom commercial ltd.
![charges](/assets/images/company_charges.png)
ikom commercial ltd Companies House Filings - See Documents
date | description | view/download |
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