innovation fire engineering limited
innovation fire engineering limited Company Information
Company Number
06972239
Registered Address
north lane house north lane, headingley, leeds, west yorkshire, LS6 3HG
Industry
Engineering related scientific and technical consulting activities
Telephone
01134605906
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
stephanie brady 50%
james brady 50%
innovation fire engineering limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION FIRE ENGINEERING LIMITED at £2.6m based on a Turnover of £4.8m and 0.53x industry multiple (adjusted for size and gross margin).
innovation fire engineering limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION FIRE ENGINEERING LIMITED at £0 based on an EBITDA of £-733.5k and a 4.5x industry multiple (adjusted for size and gross margin).
innovation fire engineering limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION FIRE ENGINEERING LIMITED at £1.8m based on Net Assets of £653.6k and 2.71x industry multiple (adjusted for liquidity).
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Innovation Fire Engineering Limited Overview
Innovation Fire Engineering Limited is a live company located in leeds, LS6 3HG with a Companies House number of 06972239. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in July 2009, it's largest shareholder is stephanie brady with a 50% stake. Innovation Fire Engineering Limited is a established, small sized company, Pomanda has estimated its turnover at £4.8m with rapid growth in recent years.
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Innovation Fire Engineering Limited Health Check
Pomanda's financial health check has awarded Innovation Fire Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £4.8m, make it larger than the average company (£502.4k)
- Innovation Fire Engineering Limited
£502.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 104%, show it is growing at a faster rate (9.4%)
- Innovation Fire Engineering Limited
9.4% - Industry AVG
Production
with a gross margin of 22.8%, this company has a higher cost of product (38%)
- Innovation Fire Engineering Limited
38% - Industry AVG
Profitability
an operating margin of -15.3% make it less profitable than the average company (6.7%)
- Innovation Fire Engineering Limited
6.7% - Industry AVG
Employees
with 16 employees, this is above the industry average (6)
16 - Innovation Fire Engineering Limited
6 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
- Innovation Fire Engineering Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £299.6k, this is more efficient (£94k)
- Innovation Fire Engineering Limited
£94k - Industry AVG
Debtor Days
it gets paid by customers after 166 days, this is later than average (74 days)
- Innovation Fire Engineering Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (22 days)
- Innovation Fire Engineering Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovation Fire Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovation Fire Engineering Limited
- - 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 (53%)
70.1% - Innovation Fire Engineering Limited
53% - Industry AVG
INNOVATION FIRE ENGINEERING LIMITED financials
Innovation Fire Engineering Limited's latest turnover from March 2024 is estimated at £4.8 million and the company has net assets of £653.6 thousand. According to their latest financial statements, Innovation Fire Engineering Limited has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 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 | 16 | 13 | 13 | 10 | 15 | 17 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,841 | 3,681 | 3,524 | 4,092 | 3,928 | 4,465 | 4,184 | 1,531 | 2,208 | 261 | 391 | 791 | 807 | 1,097 | 1,170 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,841 | 3,681 | 3,524 | 4,092 | 3,928 | 4,465 | 4,184 | 1,531 | 2,208 | 261 | 391 | 791 | 807 | 1,097 | 1,170 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,181,536 | 1,682,122 | 1,256,211 | 269,383 | 166,471 | 123,350 | 128,342 | 178,291 | 91,386 | 149,353 | 59,139 | 28,584 | 33,121 | 0 | 0 |
| Group Debtors | 0 | 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 | 35,000 | 0 |
| Cash | 0 | 0 | 0 | 600,771 | 459,824 | 430,726 | 273,142 | 0 | 128,168 | 50,766 | 78,932 | 30,238 | 26,869 | 2,858 | 7,045 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,181,536 | 1,682,122 | 1,256,211 | 870,154 | 626,295 | 554,076 | 401,484 | 178,291 | 219,554 | 200,119 | 138,071 | 58,822 | 59,990 | 37,858 | 7,045 |
| total assets | 2,183,377 | 1,685,803 | 1,259,735 | 874,246 | 630,223 | 558,541 | 405,668 | 179,822 | 221,762 | 200,380 | 138,462 | 59,613 | 60,797 | 38,955 | 8,215 |
| 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 | 1,529,728 | 298,660 | 264,836 | 4,087 | 5,400 | 126,031 | 126,247 | 22,013 | 75,266 | 67,306 | 57,757 | 34,152 | 19,936 | 0 | 0 |
| 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 | 0 | 0 | 0 | 177,406 | 154,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,720 | 1,833 |
| total current liabilities | 1,529,728 | 298,660 | 264,836 | 181,493 | 160,333 | 126,031 | 126,247 | 22,013 | 75,266 | 67,306 | 57,757 | 34,152 | 19,936 | 10,720 | 1,833 |
| 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 | 0 | 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 | 0 |
| provisions | 0 | 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 | 0 |
| total liabilities | 1,529,728 | 298,660 | 264,836 | 181,493 | 160,333 | 126,031 | 126,247 | 22,013 | 75,266 | 67,306 | 57,757 | 34,152 | 19,936 | 10,720 | 1,833 |
| net assets | 653,649 | 1,387,143 | 994,899 | 692,753 | 469,890 | 432,510 | 279,421 | 157,809 | 146,496 | 133,074 | 80,705 | 25,461 | 40,861 | 28,235 | 6,382 |
| total shareholders funds | 653,649 | 1,387,143 | 994,899 | 692,753 | 469,890 | 432,510 | 279,421 | 157,809 | 146,496 | 133,074 | 80,705 | 25,461 | 40,861 | 28,235 | 6,382 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,525 | 4,092 | 3,928 | 4,463 | 427 | 130 | 400 | 1,350 | 906 | 721 | 507 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 499,414 | 425,911 | 986,828 | 102,912 | 43,121 | -4,992 | -49,949 | 86,905 | -57,967 | 90,214 | 30,555 | -4,537 | -1,879 | 35,000 | 0 |
| Creditors | 1,231,068 | 33,824 | 260,749 | -1,313 | -120,631 | -216 | 104,234 | -53,253 | 7,960 | 9,549 | 23,605 | 14,216 | 19,936 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -177,406 | 22,473 | 154,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,720 | 8,887 | 1,833 |
| Deferred Taxes & Provisions | 0 | 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 | 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 | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | -600,771 | 140,947 | 29,098 | 157,584 | 273,142 | -128,168 | 77,402 | -28,166 | 48,694 | 3,369 | 24,011 | -4,187 | 7,045 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -600,771 | 140,947 | 29,098 | 157,584 | 273,142 | -128,168 | 77,402 | -28,166 | 48,694 | 3,369 | 24,011 | -4,187 | 7,045 |
innovation fire engineering limited Credit Report and Business Information
Innovation Fire Engineering Limited Competitor Analysis
Perform a competitor analysis for innovation fire engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in LS6 area or any other competitors across 12 key performance metrics.
innovation fire engineering limited Ownership
INNOVATION FIRE ENGINEERING LIMITED group structure
Innovation Fire Engineering Limited has no subsidiary companies.
Ultimate parent company
INNOVATION FIRE ENGINEERING LIMITED
06972239
innovation fire engineering limited directors
Innovation Fire Engineering Limited currently has 2 directors. The longest serving directors include Mr James Brady (Jul 2009) and Mrs Stephanie Brady (Jul 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Brady | England | 47 years | Jul 2009 | - | Director |
| Mrs Stephanie Brady | England | 47 years | Jul 2009 | - | Director |
P&L
March 2024turnover
4.8m
+73%
operating profit
-733.5k
0%
gross margin
22.8%
-1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
653.6k
-0.53%
total assets
2.2m
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
innovation fire engineering limited company details
company number
06972239
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
July 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
north lane house north lane, headingley, leeds, west yorkshire, LS6 3HG
Bank
-
Legal Advisor
-
innovation fire engineering 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 innovation fire engineering limited.
innovation fire engineering limited Companies House Filings - See Documents
| date | description | view/download |
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