Pomanda estimates the enterprise value of IKARUS LIMITED at £52k based on a Turnover of £176.4k and 0.29x industry multiple (adjusted for size and gross margin).
ikarus limitedEstimated Valuation
£88.3k
Pomanda estimates the enterprise value of IKARUS LIMITED at £88.3k based on an EBITDA of £29.9k and a 2.95x industry multiple (adjusted for size and gross margin).
ikarus limitedEstimated Valuation
£47.9k
Pomanda estimates the enterprise value of IKARUS LIMITED at £47.9k based on Net Assets of £22.4k and 2.13x industry multiple (adjusted for liquidity).
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Ikarus LimitedOverview
Ikarus Limited is a live company located in lutterworth, LE17 5BZ with a Companies House number of 07724526. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 2011, it's largest shareholder is
william hansen
with a 45% stake. Ikarus Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£176.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ikarus Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £176.4k, make it smaller than the average company (£7.2m)
£176.4k - Ikarus Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (11.7%)
-10% - Ikarus Limited
11.7% - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (25.2%)
14.6% - Ikarus Limited
25.2% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (6.4%)
17% - Ikarus Limited
6.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (30)
4 - Ikarus Limited
30 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)
£49.6k - Ikarus Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £44.1k, this is less efficient (£197.7k)
£44.1k - Ikarus Limited
£197.7k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (52 days)
42 days - Ikarus Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (36 days)
56 days - Ikarus Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ikarus Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ikarus Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.9%, this is a lower level of debt than the average (59.3%)
51.9% - Ikarus Limited
59.3% - Industry AVG
IKARUS LIMITED financials
EXPORT
Ikarus Limited's latest turnover from April 2024 is estimated at £176.4 thousand and the company has net assets of £22.4 thousand. According to their latest financial statements, Ikarus Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Turnover
176,420
241,668
240,428
353,496
360,059
428,615
151,759
91,463
234,135
97,610
89,543
100,421
Other Income Or Grants
Cost Of Sales
150,752
208,801
208,185
306,044
309,614
367,751
129,268
77,062
197,468
83,266
76,023
84,981
Gross Profit
25,668
32,866
32,243
47,453
50,445
60,864
22,491
14,401
36,667
14,344
13,520
15,440
Admin Expenses
-4,260
27,702
-36,145
86,467
64,039
207
16,977
57,919
19,794
-3,643
-2,474
17,142
Operating Profit
29,928
5,164
68,388
-39,014
-13,594
60,657
5,514
-43,518
16,873
17,987
15,994
-1,702
Interest Payable
Interest Receivable
2
51
65
27
9
Pre-Tax Profit
29,928
5,164
68,388
-39,014
-13,594
60,657
5,514
-43,516
16,924
18,052
16,021
-1,693
Tax
-7,482
-981
-12,994
-11,525
-1,048
-3,385
-3,791
-3,685
Profit After Tax
22,446
4,183
55,394
-39,014
-13,594
49,132
4,466
-43,516
13,539
14,261
12,336
-1,693
Dividends Paid
Retained Profit
22,446
4,183
55,394
-39,014
-13,594
49,132
4,466
-43,516
13,539
14,261
12,336
-1,693
Employee Costs
198,589
185,921
220,066
221,402
265,173
87,296
42,073
41,025
40,129
39,177
38,349
38,348
Number Of Employees
4
4
5
5
6
2
1
1
1
1
1
1
EBITDA*
29,928
5,164
68,388
-39,014
-13,594
60,657
5,514
-43,518
21,297
22,268
17,899
203
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Tangible Assets
25,992
19,757
28,945
23,145
30,276
829
3,419
6,162
10,586
13,857
6,440
8,345
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
25,992
19,757
28,945
23,145
30,276
829
3,419
6,162
10,586
13,857
6,440
8,345
Stock & work in progress
25,918
3,650
Trade Debtors
20,709
59,458
50,252
83,566
69,611
120,824
34,797
17,361
55,572
21,775
21,184
19,610
Group Debtors
Misc Debtors
1,658
1,501
1,254
1,707
Cash
1,425
18,957
7,104
3,661
misc current assets
1,038
total current assets
20,709
61,116
51,753
84,820
71,318
121,862
34,797
17,361
82,915
44,382
28,288
23,271
total assets
46,701
80,873
80,698
107,965
101,594
122,691
38,216
23,523
93,501
58,239
34,728
31,616
Bank overdraft
Bank loan
Trade Creditors
23,305
20,995
23,357
57,120
60,361
73,459
38,173
27,364
53,092
30,757
23,042
31,947
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
23,305
20,995
23,357
57,120
60,361
73,459
38,173
27,364
53,092
30,757
23,042
31,947
loans
hp & lease commitments
Accruals and Deferred Income
950
630
530
530
550
550
other liabilities
50,000
provisions
3,754
5,500
4,398
5,752
157
650
1,232
1,926
2,538
1,003
1,322
total long term liabilities
950
4,384
6,030
54,928
6,302
707
650
1,232
1,926
2,538
1,003
1,322
total liabilities
24,255
25,379
29,387
112,048
66,663
74,166
38,823
28,596
55,018
33,295
24,045
33,269
net assets
22,446
55,494
51,311
-4,083
34,931
48,525
-607
-5,073
38,483
24,944
10,683
-1,653
total shareholders funds
22,446
55,494
51,311
-4,083
34,931
48,525
-607
-5,073
38,483
24,944
10,683
-1,653
Apr 2024
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Operating Activities
Operating Profit
29,928
5,164
68,388
-39,014
-13,594
60,657
5,514
-43,518
16,873
17,987
15,994
-1,702
Depreciation
4,424
4,281
1,905
1,905
Amortisation
Tax
-7,482
-981
-12,994
-11,525
-1,048
-3,385
-3,791
-3,685
Stock
-25,918
22,268
3,650
Debtors
20,709
9,363
-33,067
13,502
-49,506
86,027
17,436
-38,211
33,797
591
1,574
19,610
Creditors
23,305
-2,362
-33,763
-3,241
-13,098
35,286
10,809
-25,728
22,335
7,715
-8,905
31,947
Accruals and Deferred Income
950
100
-20
550
Deferred Taxes & Provisions
-1,746
1,102
-1,354
5,595
-493
-582
-694
-612
1,535
-319
1,322
Cash flow from operations
25,992
-9,188
55,800
-57,131
28,409
-1,552
-2,743
-5,811
-16,430
23,486
3,416
13,862
Investing Activities
capital expenditure
-25,992
9,188
-5,800
7,131
-29,447
2,590
2,743
4,424
-1,153
-11,698
-10,250
Change in Investments
cash flow from investments
-25,992
9,188
-5,800
7,131
-29,447
2,590
2,743
4,424
-1,153
-11,698
-10,250
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-50,000
50,000
share issue
-40
40
interest
2
51
65
27
9
cash flow from financing
-50,000
50,000
-38
51
65
27
49
cash and cash equivalents
cash
-1,425
-17,532
11,853
3,443
3,661
overdraft
change in cash
-1,425
-17,532
11,853
3,443
3,661
ikarus 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 ikarus limited. Get real-time insights into ikarus limited's credit score, group structure and payment trends.
Perform a competitor analysis for ikarus limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in LE17 area or any other competitors across 12 key performance metrics.
ikarus limited Ownership
IKARUS LIMITED group structure
Ikarus Limited has no subsidiary companies.
Ultimate parent company
IKARUS LIMITED
07724526
IKARUS LIMITED Shareholders
The largest shareholders in Ikarus Limited include William Hansen and Susan Harris.
william hansen
45%
susan harris
25%
roger wootton
25%
ruth harris
5%
ikarus limited directors
Ikarus Limited currently has 4 directors.
The longest serving directors include
Mrs Susan Harris (Aug 2011) and
Mr Roger Wootton (Aug 2011).
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 ikarus limited.
ikarus 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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ikarus limitedCompanies House Filings - See Documents
