incanthera research & development limited
incanthera research & development limited Company Information
Company Number
07174977
Next Accounts
Dec 2025
Shareholders
incanthera plc
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
c/o gateley legal, ship canal h, 98 king street, manchester, greater manchester, M2 4WU
Website
www.incanthera.comincanthera research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INCANTHERA RESEARCH & DEVELOPMENT LIMITED at £426.3k based on a Turnover of £360.2k and 1.18x industry multiple (adjusted for size and gross margin).
incanthera research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INCANTHERA RESEARCH & DEVELOPMENT LIMITED at £0 based on an EBITDA of £-454.6k and a 5.6x industry multiple (adjusted for size and gross margin).
incanthera research & development limited Estimated Valuation
Pomanda estimates the enterprise value of INCANTHERA RESEARCH & DEVELOPMENT LIMITED at £0 based on Net Assets of £-3m and 1.93x industry multiple (adjusted for liquidity).
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Incanthera Research & Development Limited Overview
Incanthera Research & Development Limited is a live company located in manchester, M2 4WU with a Companies House number of 07174977. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in March 2010, it's largest shareholder is incanthera plc with a 100% stake. Incanthera Research & Development Limited is a established, micro sized company, Pomanda has estimated its turnover at £360.2k with unknown growth in recent years.
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Incanthera Research & Development Limited Health Check
Pomanda's financial health check has awarded Incanthera Research & Development Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £360.2k, make it smaller than the average company (£4.4m)
- Incanthera Research & Development Limited
£4.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Incanthera Research & Development Limited
- - Industry AVG
Production
with a gross margin of 49.3%, this company has a comparable cost of product (49.3%)
- Incanthera Research & Development Limited
49.3% - Industry AVG
Profitability
an operating margin of -126.5% make it less profitable than the average company (3.5%)
- Incanthera Research & Development Limited
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (44)
2 - Incanthera Research & Development Limited
44 - Industry AVG
Pay Structure
on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)
- Incanthera Research & Development Limited
£60.8k - Industry AVG
Efficiency
resulting in sales per employee of £180.1k, this is more efficient (£120.1k)
- Incanthera Research & Development Limited
£120.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Incanthera Research & Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 281 days, this is slower than average (40 days)
- Incanthera Research & Development Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Incanthera Research & Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (38 weeks)
0 weeks - Incanthera Research & Development Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3802.1%, this is a higher level of debt than the average (38.2%)
3802.1% - Incanthera Research & Development Limited
38.2% - Industry AVG
INCANTHERA RESEARCH & DEVELOPMENT LIMITED financials
Incanthera Research & Development Limited's latest turnover from March 2024 is estimated at £360.2 thousand and the company has net assets of -£3 million. According to their latest financial statements, Incanthera Research & Development Limited has 2 employees and maintains cash reserves of £6.8 thousand 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -615,000 | -646,000 | -859,000 | -1,690,000 | ||||||||||
| Interest Payable | 133,000 | |||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -748,000 | -646,000 | -859,000 | -1,690,000 | ||||||||||
| Tax | 77,000 | 111,000 | 98,000 | 28,000 | ||||||||||
| Profit After Tax | -671,000 | -535,000 | -761,000 | -1,662,000 | ||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -671,000 | -535,000 | -761,000 | -1,662,000 | ||||||||||
| Employee Costs | 65,000 | 404,000 | ||||||||||||
| Number Of Employees | 2 | 2 | 4 | 4 | 4 | |||||||||
| EBITDA* | -497,000 | -511,000 | -780,000 | -1,627,000 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,102 | 978 | 2,000 | 3,000 | 6,000 | 1,159,693 | 11 | 21 | 3,405 | 5,239 | 5,580 | 3,455 | ||
| Intangible Assets | 363,000 | 481,000 | 613,000 | 689,000 | 418 | 474 | 542,287 | 221,940 | 234,444 | 250,074 | ||||
| Investments & Other | 488,000 | 488,000 | 488,000 | 488,000 | 488 | 488 | 487,943 | 150,000 | ||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 3,102 | 978 | 853,000 | 969,000 | 1,104,000 | 1,183,000 | 1,159,693 | 917 | 983 | 1,033,635 | 377,179 | 240,024 | 253,529 | |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 424,178 | 191 | 182 | 169,862 | 48,496 | 59,459 | 83,006 | 1 | ||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 70,673 | 147,370 | 197,000 | 236,000 | 209,000 | 128,000 | ||||||||
| Cash | 6,788 | 1,450 | 81,000 | 47,000 | 50,000 | 176,000 | 88 | 43 | 645,040 | 227,528 | 517,936 | 225,413 | 3,485 | |
| misc current assets | ||||||||||||||
| total current assets | 77,461 | 148,820 | 278,000 | 283,000 | 259,000 | 304,000 | 424,178 | 279 | 225 | 814,902 | 276,024 | 577,395 | 308,419 | 3,486 |
| total assets | 80,563 | 149,798 | 1,131,000 | 1,252,000 | 1,363,000 | 1,487,000 | 1,583,871 | 1,196 | 1,208 | 1,848,537 | 653,203 | 817,419 | 561,948 | 3,486 |
| Bank overdraft | 2,733,672 | 2,027,590 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 140,899 | 108,263 | 150,000 | 116,000 | 46,000 | 192,000 | 1,159,995 | 886 | 341 | 126,885 | 30,926 | 64,867 | 12,855 | 22,367 |
| Group/Directors Accounts | 1,640,000 | 1,156,000 | 685,000 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 188,520 | 273,356 | 61,000 | 29,000 | 146,000 | 48,000 | ||||||||
| total current liabilities | 3,063,091 | 2,409,209 | 1,851,000 | 1,301,000 | 877,000 | 240,000 | 1,159,995 | 886 | 341 | 126,885 | 30,926 | 64,867 | 12,855 | 22,367 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 3,063,091 | 2,409,209 | 1,851,000 | 1,301,000 | 877,000 | 240,000 | 1,159,995 | 886 | 341 | 126,885 | 30,926 | 64,867 | 12,855 | 22,367 |
| net assets | -2,982,528 | -2,259,411 | -720,000 | -49,000 | 486,000 | 1,247,000 | 423,876 | 310 | 867 | 1,721,652 | 622,277 | 752,552 | 549,093 | -18,881 |
| total shareholders funds | -2,982,528 | -2,259,411 | -720,000 | -49,000 | 486,000 | 1,247,000 | 423,876 | 310 | 867 | 1,721,652 | 622,277 | 752,552 | 549,093 | -18,881 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -615,000 | -646,000 | -859,000 | -1,690,000 | ||||||||||
| Depreciation | 954 | 701 | 3,000 | 3,000 | 4,000 | 10 | 3,615 | 3,040 | 2,112 | 178 | ||||
| Amortisation | 118,000 | 132,000 | 76,000 | 59,000 | 56 | 17,596 | 12,504 | 15,630 | ||||||
| Tax | 77,000 | 111,000 | 98,000 | 28,000 | ||||||||||
| Stock | ||||||||||||||
| Debtors | -76,697 | -49,630 | -39,000 | 27,000 | 81,000 | -296,178 | 423,987 | 9 | -169,680 | 121,366 | -10,963 | -23,547 | 83,005 | 1 |
| Creditors | 32,636 | -41,737 | 34,000 | 70,000 | -146,000 | -967,995 | 1,159,109 | 545 | -126,544 | 95,959 | -33,941 | 52,012 | -9,512 | 22,367 |
| Accruals and Deferred Income | -84,836 | 212,356 | 32,000 | -117,000 | 98,000 | 48,000 | ||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -315,000 | -474,000 | -811,000 | -2,222,817 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -488,000 | 488,000 | -488 | -487,455 | 337,943 | 150,000 | ||||||||
| cash flow from investments | -488,000 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -1,640,000 | 484,000 | 471,000 | 685,000 | ||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -133,000 | |||||||||||||
| cash flow from financing | 351,000 | 471,000 | 685,000 | 2,485,124 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 5,338 | -79,550 | 34,000 | -3,000 | -126,000 | 176,000 | -88 | 45 | -644,997 | 417,512 | -290,408 | 292,523 | 221,928 | 3,485 |
| overdraft | 706,082 | 2,027,590 | ||||||||||||
| change in cash | -700,744 | -2,107,140 | 34,000 | -3,000 | -126,000 | 176,000 | -88 | 45 | -644,997 | 417,512 | -290,408 | 292,523 | 221,928 | 3,485 |
incanthera research & development limited Credit Report and Business Information
Incanthera Research & Development Limited Competitor Analysis
Perform a competitor analysis for incanthera research & development limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.
incanthera research & development limited Ownership
INCANTHERA RESEARCH & DEVELOPMENT LIMITED group structure
Incanthera Research & Development Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
INCANTHERA RESEARCH & DEVELOPMENT LIMITED
07174977
2 subsidiaries
incanthera research & development limited directors
Incanthera Research & Development Limited currently has 3 directors. The longest serving directors include Dr Simon Ward (Oct 2011) and Mr Timothy McCarthy (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Simon Ward | England | 57 years | Oct 2011 | - | Director |
| Mr Timothy McCarthy | United Kingdom | 68 years | Mar 2014 | - | Director |
| Mrs Laura Brogden | England | 44 years | Oct 2017 | - | Director |
P&L
March 2024turnover
360.2k
+18%
operating profit
-455.5k
0%
gross margin
49.4%
+2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-3m
+0.32%
total assets
80.6k
-0.46%
cash
6.8k
+3.68%
net assets
Total assets minus all liabilities
Similar Companies
incanthera research & development limited company details
company number
07174977
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
incanthera limited (February 2020)
accountant
FACT3
auditor
-
address
c/o gateley legal, ship canal h, 98 king street, manchester, greater manchester, M2 4WU
Bank
-
Legal Advisor
-
incanthera research & development 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 incanthera research & development limited.
incanthera research & development 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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incanthera research & development limited Companies House Filings - See Documents
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