inspection verification bureau limited
inspection verification bureau limited Company Information
Company Number
07404543
Next Accounts
Sep 2025
Shareholders
tuv rheinland uk limited
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
friars gate (third floor), 1011 stratford road, solihull, B90 4BN
Website
http://ivbltd.co.ukinspection verification bureau limited Estimated Valuation
Pomanda estimates the enterprise value of INSPECTION VERIFICATION BUREAU LIMITED at £528.9k based on a Turnover of £991.5k and 0.53x industry multiple (adjusted for size and gross margin).
inspection verification bureau limited Estimated Valuation
Pomanda estimates the enterprise value of INSPECTION VERIFICATION BUREAU LIMITED at £502.1k based on an EBITDA of £116.7k and a 4.3x industry multiple (adjusted for size and gross margin).
inspection verification bureau limited Estimated Valuation
Pomanda estimates the enterprise value of INSPECTION VERIFICATION BUREAU LIMITED at £1.2m based on Net Assets of £462.8k and 2.66x industry multiple (adjusted for liquidity).
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Inspection Verification Bureau Limited Overview
Inspection Verification Bureau Limited is a live company located in solihull, B90 4BN with a Companies House number of 07404543. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2010, it's largest shareholder is tuv rheinland uk limited with a 100% stake. Inspection Verification Bureau Limited is a established, small sized company, Pomanda has estimated its turnover at £991.5k with low growth in recent years.
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Inspection Verification Bureau Limited Health Check
Pomanda's financial health check has awarded Inspection Verification Bureau Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £991.5k, make it in line with the average company (£851k)
- Inspection Verification Bureau Limited
£851k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.5%)
- Inspection Verification Bureau Limited
8.5% - Industry AVG
Production
with a gross margin of 58.7%, this company has a comparable cost of product (58.7%)
- Inspection Verification Bureau Limited
58.7% - Industry AVG
Profitability
an operating margin of 11.3% make it more profitable than the average company (7.3%)
- Inspection Verification Bureau Limited
7.3% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (7)
7 - Inspection Verification Bureau Limited
7 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- Inspection Verification Bureau Limited
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £141.6k, this is equally as efficient (£132.6k)
- Inspection Verification Bureau Limited
£132.6k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (64 days)
- Inspection Verification Bureau Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (25 days)
- Inspection Verification Bureau Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (24 days)
- Inspection Verification Bureau Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 137 weeks, this is more cash available to meet short term requirements (24 weeks)
137 weeks - Inspection Verification Bureau Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.7%, this is a lower level of debt than the average (55.9%)
18.7% - Inspection Verification Bureau Limited
55.9% - Industry AVG
INSPECTION VERIFICATION BUREAU LIMITED financials
Inspection Verification Bureau Limited's latest turnover from December 2023 is estimated at £991.5 thousand and the company has net assets of £462.8 thousand. According to their latest financial statements, Inspection Verification Bureau Limited has 7 employees and maintains cash reserves of £281.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 7 | 9 | 8 | 6 | 6 | 7 | 8 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,030 | 6,436 | 5,376 | 792 | 921 | 1,803 | 3,324 | 15,967 | 20,059 | 5,623 | 3,267 | 8,040 | 13,749 |
| Intangible Assets | |||||||||||||
| Investments & Other | 9,270 | 5,077 | |||||||||||
| Debtors (Due After 1 year) | 11,266 | ||||||||||||
| Total Fixed Assets | 26,296 | 6,436 | 14,646 | 5,869 | 921 | 1,803 | 3,324 | 15,967 | 20,059 | 5,623 | 3,267 | 8,040 | 13,749 |
| Stock & work in progress | 11,431 | 11,803 | 48,734 | 6,043 | 22,844 | 17,167 | 8,433 | 12,912 | 16,557 | 8,008 | 9,868 | 7,944 | 1,355 |
| Trade Debtors | 225,346 | 345,588 | 247,765 | 234,016 | 268,992 | 333,379 | 271,718 | 594,050 | 510,429 | 794,024 | 1,095,368 | 550,920 | 691,405 |
| Group Debtors | |||||||||||||
| Misc Debtors | 24,440 | 17,944 | 18,547 | 28,424 | 19,296 | 34,341 | 98,763 | 159,210 | |||||
| Cash | 281,573 | 105,947 | 173,408 | 215,306 | 143,914 | 117,874 | 168,179 | 119,785 | 193,482 | 151,816 | 45,019 | 164,309 | 15,461 |
| misc current assets | 10,535 | 27,200 | |||||||||||
| total current assets | 542,790 | 481,282 | 488,454 | 483,789 | 455,046 | 513,296 | 574,293 | 885,957 | 720,468 | 953,848 | 1,150,255 | 723,173 | 708,221 |
| total assets | 569,086 | 487,718 | 503,100 | 489,658 | 455,967 | 515,099 | 577,617 | 901,924 | 740,527 | 959,471 | 1,153,522 | 731,213 | 721,970 |
| Bank overdraft | 3,923 | ||||||||||||
| Bank loan | 5,927 | 9,490 | |||||||||||
| Trade Creditors | 55,037 | 72,342 | 38,780 | 40,312 | 72,165 | 97,912 | 110,725 | 246,904 | 211,820 | 329,824 | 526,341 | 247,769 | 400,775 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 51,230 | 36,477 | 28,607 | 24,870 | 16,564 | 44,856 | 9,272 | 75,022 | |||||
| total current liabilities | 106,267 | 114,746 | 76,877 | 69,105 | 88,729 | 142,768 | 119,997 | 321,926 | 211,820 | 329,824 | 526,341 | 247,769 | 400,775 |
| loans | 40,510 | 46,077 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 3,900 | 7,113 | |||||||||||
| other liabilities | |||||||||||||
| provisions | 1,222 | 1,021 | 150 | 175 | 343 | 632 | 3,193 | 5,215 | 1,462 | 849 | 2,090 | 3,575 | |
| total long term liabilities | 1,222 | 41,531 | 46,227 | 175 | 4,243 | 7,745 | 3,193 | 5,215 | 1,462 | 849 | 2,090 | 3,575 | |
| total liabilities | 106,267 | 115,968 | 118,408 | 115,332 | 88,904 | 147,011 | 127,742 | 325,119 | 217,035 | 331,286 | 527,190 | 249,859 | 404,350 |
| net assets | 462,819 | 371,750 | 384,692 | 374,326 | 367,063 | 368,088 | 449,875 | 576,805 | 523,492 | 628,185 | 626,332 | 481,354 | 317,620 |
| total shareholders funds | 462,819 | 371,750 | 384,692 | 374,326 | 367,063 | 368,088 | 449,875 | 576,805 | 523,492 | 628,185 | 626,332 | 481,354 | 317,620 |
| Dec 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 5,099 | 2,617 | 821 | 689 | 1,551 | 2,011 | 5,796 | 9,366 | 4,606 | 2,905 | 6,639 | 6,430 | 5,257 |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | -372 | -36,931 | 42,691 | -16,801 | 5,677 | 8,734 | -4,479 | -3,645 | 8,549 | -1,860 | 1,924 | 6,589 | 1,355 |
| Debtors | -102,480 | 97,220 | 3,872 | -25,848 | -79,432 | -2,761 | -382,779 | 242,831 | -283,595 | -301,344 | 544,448 | -140,485 | 691,405 |
| Creditors | -17,305 | 33,562 | -1,532 | -31,853 | -25,747 | -12,813 | -136,179 | 35,084 | -118,004 | -196,517 | 278,572 | -153,006 | 400,775 |
| Accruals and Deferred Income | 14,753 | 7,870 | 3,737 | 8,306 | -32,192 | 32,371 | -58,637 | 75,022 | |||||
| Deferred Taxes & Provisions | -1,222 | 201 | 871 | -25 | -168 | -289 | -2,561 | -2,022 | 3,753 | 613 | -1,241 | -1,485 | 3,575 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -9,270 | 4,193 | 5,077 | ||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | -5,927 | -3,563 | 9,490 | ||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -40,510 | -5,567 | 46,077 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 175,626 | -67,461 | -41,898 | 71,392 | 26,040 | -50,305 | 48,394 | -73,697 | 41,666 | 106,797 | -119,290 | 148,848 | 15,461 |
| overdraft | -3,923 | 3,923 | |||||||||||
| change in cash | 175,626 | -67,461 | -37,975 | 67,469 | 26,040 | -50,305 | 48,394 | -73,697 | 41,666 | 106,797 | -119,290 | 148,848 | 15,461 |
inspection verification bureau limited Credit Report and Business Information
Inspection Verification Bureau Limited Competitor Analysis
Perform a competitor analysis for inspection verification bureau limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
inspection verification bureau limited Ownership
INSPECTION VERIFICATION BUREAU LIMITED group structure
Inspection Verification Bureau Limited has no subsidiary companies.
Ultimate parent company
TUV INTERNATIONAL GMBH
#0151604
2 parents
INSPECTION VERIFICATION BUREAU LIMITED
07404543
inspection verification bureau limited directors
Inspection Verification Bureau Limited currently has 2 directors. The longest serving directors include Mr Matthew Chapman (Oct 2010) and Mr Gareth Book (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Chapman | England | 53 years | Oct 2010 | - | Director |
| Mr Gareth Book | England | 51 years | Oct 2022 | - | Director |
P&L
December 2023turnover
991.5k
-17%
operating profit
111.6k
0%
gross margin
58.8%
-1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
462.8k
+0.24%
total assets
569.1k
+0.17%
cash
281.6k
+1.66%
net assets
Total assets minus all liabilities
inspection verification bureau limited company details
company number
07404543
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
AZETS AUDIT SERVICES
auditor
-
address
friars gate (third floor), 1011 stratford road, solihull, B90 4BN
Bank
-
Legal Advisor
-
inspection verification bureau 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 inspection verification bureau limited.
inspection verification bureau 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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inspection verification bureau limited Companies House Filings - See Documents
| date | description | view/download |
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