Pomanda estimates the enterprise value of ENCODE IT LTD at £89.4k based on a Turnover of £189k and 0.47x industry multiple (adjusted for size and gross margin).
encode it ltdEstimated Valuation
£3.2k
Pomanda estimates the enterprise value of ENCODE IT LTD at £3.2k based on an EBITDA of £988 and a 3.21x industry multiple (adjusted for size and gross margin).
encode it ltdEstimated Valuation
£48.2k
Pomanda estimates the enterprise value of ENCODE IT LTD at £48.2k based on Net Assets of £21.3k and 2.26x industry multiple (adjusted for liquidity).
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Encode It LtdOverview
Encode It Ltd is a live company located in worcestershire, DY12 1EF with a Companies House number of 07588756. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2011, it's largest shareholder is
henry catherwood
with a 50% stake. Encode It Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£189k with
high
growth in recent years.
Pomanda's financial health check has awarded Encode It 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 Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £189k, make it smaller than the average company (£1.3m)
£189k - Encode It Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.7%)
25% - Encode It Ltd
9.7% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (45.8%)
24.6% - Encode It Ltd
45.8% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (6%)
0.5% - Encode It Ltd
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Encode It Ltd
11 - Industry AVG
Pay Structure
on an average salary of £59.6k, the company has an equivalent pay structure (£59.6k)
£59.6k - Encode It Ltd
£59.6k - Industry AVG
Efficiency
resulting in sales per employee of £94.5k, this is less efficient (£129.2k)
£94.5k - Encode It Ltd
£129.2k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (61 days)
141 days - Encode It Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (27 days)
133 days - Encode It Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Encode It Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Encode It Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71%, this is a higher level of debt than the average (55.6%)
71% - Encode It Ltd
55.6% - Industry AVG
ENCODE IT LTD financials
EXPORT
Encode It Ltd's latest turnover from April 2024 is estimated at £189 thousand and the company has net assets of £21.3 thousand. According to their latest financial statements, Encode It Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Turnover
189,013
133,609
121,907
96,417
167,053
170,819
97,744
206,163
212,491
35,697
16,207
13,066
24,512
Other Income Or Grants
Cost Of Sales
142,467
98,310
87,730
71,070
117,984
121,242
69,181
142,514
144,164
24,567
10,923
8,519
15,733
Gross Profit
46,546
35,299
34,177
25,348
49,069
49,578
28,563
63,649
68,326
11,130
5,284
4,546
8,779
Admin Expenses
45,558
41,175
19,515
54,359
51,807
30,543
51,945
82,661
45,674
-51,413
7,421
3,124
1,298
Operating Profit
988
-5,876
14,662
-29,011
-2,738
19,035
-23,382
-19,012
22,652
62,543
-2,137
1,422
7,481
Interest Payable
Interest Receivable
41
264
204
51
41
13
Pre-Tax Profit
988
-5,876
14,662
-29,011
-2,738
19,035
-23,382
-18,971
22,916
62,748
-2,086
1,464
7,493
Tax
-247
-2,786
-3,617
-4,583
-12,549
-337
-1,798
Profit After Tax
741
-5,876
11,876
-29,011
-2,738
15,418
-23,382
-18,971
18,333
50,198
-2,086
1,127
5,695
Dividends Paid
Retained Profit
741
-5,876
11,876
-29,011
-2,738
15,418
-23,382
-18,971
18,333
50,198
-2,086
1,127
5,695
Employee Costs
119,196
112,862
103,055
94,953
93,054
103,835
52,546
107,617
57,350
57,612
56,183
54,016
53,793
Number Of Employees
2
2
2
2
2
2
1
2
1
1
1
1
1
EBITDA*
988
-5,876
14,662
-29,011
-2,738
19,035
-23,382
-19,012
23,993
63,809
-1,612
1,738
7,795
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Tangible Assets
394
1,216
1,848
2,127
3,449
4,077
223
629
1,528
2,317
106
631
628
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
394
1,216
1,848
2,127
3,449
4,077
223
629
1,528
2,317
106
631
628
Stock & work in progress
Trade Debtors
73,170
49,106
45,824
33,921
79,902
78,949
47,917
82,395
64,008
7,610
3,682
2,999
6,348
Group Debtors
Misc Debtors
Cash
32,926
72,805
8,798
11,569
5,004
misc current assets
total current assets
73,170
49,106
45,824
33,921
79,902
78,949
47,917
82,395
96,934
80,415
12,480
14,568
11,352
total assets
73,564
50,322
47,672
36,048
83,351
83,026
48,140
83,024
98,462
82,732
12,586
15,199
11,980
Bank overdraft
Bank loan
Trade Creditors
52,240
29,437
20,911
21,163
39,455
35,906
16,438
27,940
24,403
27,006
7,060
7,587
5,495
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
52,240
29,437
20,911
21,163
39,455
35,906
16,438
27,940
24,403
27,006
7,060
7,587
5,495
loans
hp & lease commitments
Accruals and Deferred Income
302
302
302
302
788
788
788
788
788
788
788
788
other liabilities
provisions
total long term liabilities
302
302
302
302
788
788
788
788
788
788
788
788
total liabilities
52,240
29,739
21,213
21,465
39,757
36,694
17,226
28,728
25,191
27,794
7,848
8,375
6,283
net assets
21,324
20,583
26,459
14,583
43,594
46,332
30,914
54,296
73,271
54,938
4,738
6,824
5,697
total shareholders funds
21,324
20,583
26,459
14,583
43,594
46,332
30,914
54,296
73,271
54,938
4,738
6,824
5,697
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Operating Activities
Operating Profit
988
-5,876
14,662
-29,011
-2,738
19,035
-23,382
-19,012
22,652
62,543
-2,137
1,422
7,481
Depreciation
1,341
1,266
525
316
314
Amortisation
Tax
-247
-2,786
-3,617
-4,583
-12,549
-337
-1,798
Stock
Debtors
24,064
3,282
11,903
-45,981
953
31,032
-34,478
18,387
56,398
3,928
683
-3,349
6,348
Creditors
22,803
8,526
-252
-18,292
3,549
19,468
-11,502
3,537
-2,603
19,946
-527
2,092
5,495
Accruals and Deferred Income
-302
-486
788
Deferred Taxes & Provisions
Cash flow from operations
-822
-632
-279
-1,322
-628
3,854
-406
-33,862
-39,591
67,278
-2,822
6,842
5,932
Investing Activities
capital expenditure
822
632
279
1,322
628
-3,854
406
899
-552
-3,477
-319
-942
Change in Investments
cash flow from investments
822
632
279
1,322
628
-3,854
406
899
-552
-3,477
-319
-942
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-4
2
2
interest
41
264
204
51
41
13
cash flow from financing
37
264
206
51
41
15
cash and cash equivalents
cash
-32,926
-39,879
64,007
-2,771
6,565
5,004
overdraft
change in cash
-32,926
-39,879
64,007
-2,771
6,565
5,004
encode it ltd 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 encode it ltd. Get real-time insights into encode it ltd's credit score, group structure and payment trends.
Perform a competitor analysis for encode it ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DY12 area or any other competitors across 12 key performance metrics.
encode it ltd Ownership
ENCODE IT LTD group structure
Encode It Ltd has no subsidiary companies.
Ultimate parent company
ENCODE IT LTD
07588756
ENCODE IT LTD Shareholders
The largest shareholders in Encode It Ltd include Henry Catherwood and Kevin Robinson.
henry catherwood
50%
kevin robinson
50%
encode it ltd directors
Encode It Ltd currently has 2 directors.
The longest serving directors include
Mr Kevin Robinson (Sep 2011) and
Mr Henry Catherwood (Mar 2014).
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 encode it ltd.
encode it ltd 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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encode it ltdCompanies House Filings - See Documents
