irts business solutions limitedEstimated Valuation
£30.8k
Pomanda estimates the enterprise value of IRTS BUSINESS SOLUTIONS LIMITED at £30.8k based on a Turnover of £85.7k and 0.36x industry multiple (adjusted for size and gross margin).
irts business solutions limitedEstimated Valuation
£46.7k
Pomanda estimates the enterprise value of IRTS BUSINESS SOLUTIONS LIMITED at £46.7k based on an EBITDA of £22.7k and a 2.06x industry multiple (adjusted for size and gross margin).
irts business solutions limitedEstimated Valuation
£77.2k
Pomanda estimates the enterprise value of IRTS BUSINESS SOLUTIONS LIMITED at £77.2k based on Net Assets of £23.3k and 3.31x industry multiple (adjusted for liquidity).
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Irts Business Solutions LimitedOverview
Irts Business Solutions Limited is a live company located in northolt, UB5 4BX with a Companies House number of 07079831. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in November 2009, it's largest shareholder is
thillaiampalam suthaharan
with a 100% stake. Irts Business Solutions Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£85.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Irts Business Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £85.7k, make it in line with the average company (£83.6k)
£85.7k - Irts Business Solutions Limited
£83.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (5.3%)
-20% - Irts Business Solutions Limited
5.3% - Industry AVG
Production
with a gross margin of 39.2%, this company has a higher cost of product (70.3%)
39.2% - Irts Business Solutions Limited
70.3% - Industry AVG
Profitability
an operating margin of 26.5% make it more profitable than the average company (8%)
26.5% - Irts Business Solutions Limited
8% - Industry AVG
Employees
with 4 employees, this is above the industry average (2)
4 - Irts Business Solutions Limited
2 - Industry AVG
Pay Structure
on an average salary of £16.1k, the company has an equivalent pay structure (£16.1k)
£16.1k - Irts Business Solutions Limited
£16.1k - Industry AVG
Efficiency
resulting in sales per employee of £21.4k, this is less efficient (£41.8k)
£21.4k - Irts Business Solutions Limited
£41.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (62 days)
35 days - Irts Business Solutions Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 1155 days, this is slower than average (4 days)
1155 days - Irts Business Solutions Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Irts Business Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Irts Business Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.7%, this is a higher level of debt than the average (61.3%)
91.7% - Irts Business Solutions Limited
61.3% - Industry AVG
IRTS BUSINESS SOLUTIONS LIMITED financials
EXPORT
Irts Business Solutions Limited's latest turnover from December 2022 is estimated at £85.7 thousand and the company has net assets of £23.3 thousand. According to their latest financial statements, Irts Business Solutions Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Dec 2016
Dec 2015
Feb 2015
Mar 2014
Mar 2013
Mar 2012
Nov 2010
Turnover
85,664
43,725
64,113
164,391
103,377
100,897
90,667
21,439
69,395
58,433
7,771
3,128
308
Other Income Or Grants
Cost Of Sales
52,127
26,890
33,184
70,866
30,286
33,244
34,518
7,035
28,738
25,034
2,914
1,998
127
Gross Profit
33,537
16,834
30,930
93,525
73,091
67,653
56,149
14,404
40,657
33,399
4,857
1,130
181
Admin Expenses
10,818
32,080
8,429
97,899
65,322
62,753
52,533
14,382
38,637
50,659
-16,495
-1,460
2,710
Operating Profit
22,719
-15,246
22,501
-4,374
7,769
4,900
3,616
22
2,020
-17,260
21,352
2,590
-2,529
Interest Payable
Interest Receivable
14
2
11
7
10
4
5
Pre-Tax Profit
22,719
-15,246
22,501
-4,374
7,769
4,900
3,630
24
2,030
-17,253
21,362
2,595
-2,524
Tax
-4,317
-4,275
-1,476
-931
-726
-5
-426
-5,127
-675
Profit After Tax
18,402
-15,246
18,226
-4,374
6,293
3,969
2,904
19
1,604
-17,253
16,235
1,920
-2,524
Dividends Paid
Retained Profit
18,402
-15,246
18,226
-4,374
6,293
3,969
2,904
19
1,604
-17,253
16,235
1,920
-2,524
Employee Costs
64,599
64,895
64,603
57,204
70,873
63,241
127,298
18,137
48,893
36,982
23,676
24,373
12,566
Number Of Employees
4
4
4
4
4
4
5
1
2
2
1
1
1
EBITDA*
22,719
-15,246
22,501
-4,374
7,769
4,900
3,616
22
5,922
-13,008
26,773
3,354
-1,714
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Dec 2016
Dec 2015
Feb 2015
Mar 2014
Mar 2013
Mar 2012
Nov 2010
Tangible Assets
273,011
280,746
287,879
57,467
62,069
59,582
13,754
9,485
5,606
7,008
8,760
1,681
2,445
Intangible Assets
5,000
2,500
5,000
7,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
273,011
280,746
287,879
57,467
62,069
59,582
18,754
9,485
8,106
12,008
16,260
1,681
2,445
Stock & work in progress
Trade Debtors
8,380
3,734
23,641
66,473
35,634
30,415
19,015
5,294
15,680
13,645
1,745
705
Group Debtors
Misc Debtors
Cash
11,348
3,584
621
2,325
1,685
2,000
misc current assets
total current assets
8,380
3,734
23,641
66,473
35,634
30,415
30,363
5,294
19,264
14,266
4,070
2,390
2,000
total assets
281,391
284,480
311,520
123,940
97,703
89,997
49,117
14,779
27,370
26,274
20,330
4,071
4,445
Bank overdraft
Bank loan
Trade Creditors
165,012
155,900
146,430
122,021
91,410
27,067
19,851
12,858
4,284
5,636
2,174
2,150
6,968
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
165,012
155,900
146,430
122,021
91,410
27,067
19,851
12,858
4,284
5,636
2,174
2,150
6,968
loans
hp & lease commitments
Accruals and Deferred Income
500
500
other liabilities
93,078
123,181
144,445
58,961
24,441
19,580
19,735
provisions
total long term liabilities
93,078
123,681
144,945
58,961
24,441
19,580
19,735
total liabilities
258,090
279,581
291,375
122,021
91,410
86,028
44,292
12,858
23,864
25,371
2,174
2,150
6,968
net assets
23,301
4,899
20,145
1,919
6,293
3,969
4,825
1,921
3,506
903
18,156
1,921
-2,523
total shareholders funds
23,301
4,899
20,145
1,919
6,293
3,969
4,825
1,921
3,506
903
18,156
1,921
-2,523
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Dec 2016
Dec 2015
Feb 2015
Mar 2014
Mar 2013
Mar 2012
Nov 2010
Operating Activities
Operating Profit
22,719
-15,246
22,501
-4,374
7,769
4,900
3,616
22
2,020
-17,260
21,352
2,590
-2,529
Depreciation
1,402
1,752
5,421
764
815
Amortisation
2,500
2,500
Tax
-4,317
-4,275
-1,476
-931
-726
-5
-426
-5,127
-675
Stock
Debtors
4,646
-19,907
-42,832
30,839
35,634
30,415
13,721
-8,351
2,035
11,900
1,040
705
Creditors
9,112
9,470
24,409
30,611
91,410
27,067
6,993
7,222
-1,352
3,462
24
2,150
6,968
Accruals and Deferred Income
-500
500
Deferred Taxes & Provisions
Cash flow from operations
22,368
14,131
85,967
-4,602
62,069
621
-3,838
15,590
2,109
-21,446
20,630
4,124
5,254
Investing Activities
capital expenditure
7,735
7,133
-230,412
4,602
-62,069
-59,582
-9,269
2,523
-20,000
-2,445
-3,260
Change in Investments
cash flow from investments
7,735
7,133
-230,412
4,602
-62,069
-59,582
-9,269
2,523
-20,000
-2,445
-3,260
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-30,103
-21,264
144,445
58,961
24,441
-19,735
-155
19,735
share issue
999
999
1
1
interest
14
2
11
7
10
4
5
cash flow from financing
-30,103
-21,264
144,445
58,961
24,455
-18,734
855
19,742
10
5
6
cash and cash equivalents
cash
11,348
-621
2,963
-1,704
640
1,685
2,000
overdraft
change in cash
11,348
-621
2,963
-1,704
640
1,685
2,000
irts business solutions 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 irts business solutions limited. Get real-time insights into irts business solutions limited's credit score, group structure and payment trends.
Irts Business Solutions Limited Competitor Analysis
Perform a competitor analysis for irts business solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in UB5 area or any other competitors across 12 key performance metrics.
irts business solutions limited Ownership
IRTS BUSINESS SOLUTIONS LIMITED group structure
Irts Business Solutions Limited has no subsidiary companies.
Ultimate parent company
IRTS BUSINESS SOLUTIONS LIMITED
07079831
IRTS BUSINESS SOLUTIONS LIMITED Shareholders
The sole shareholder of Irts Business Solutions Limited is Thillaiampalam Suthaharan.
thillaiampalam suthaharan
100%
irts business solutions limited directors
Irts Business Solutions Limited currently has 2 directors.
The longest serving directors include
Mr Thillaiampalam Suthaharan (Mar 2015) and
Mr Thillaiampalam Suthaharan (Mar 2015).
irts business 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 irts business solutions limited.
irts business solutions 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.
Click to start generating capital raising & share issue transactions for IRTS BUSINESS SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
irts business solutions limitedCompanies House Filings - See Documents
