i-tec installations ltd
i-tec installations ltd Company Information
Company Number
07827485
Next Accounts
Jul 2025
Industry
Development of building projects
Directors
Shareholders
ivan james berry
Group Structure
View All
Contact
Registered Address
6 larkspur way, clayhanger, walsall, west midlands, WS8 7RA
Website
-i-tec installations ltd Estimated Valuation
Pomanda estimates the enterprise value of I-TEC INSTALLATIONS LTD at £122.5k based on a Turnover of £224.6k and 0.55x industry multiple (adjusted for size and gross margin).
i-tec installations ltd Estimated Valuation
Pomanda estimates the enterprise value of I-TEC INSTALLATIONS LTD at £0 based on an EBITDA of £-19.4k and a 3.83x industry multiple (adjusted for size and gross margin).
i-tec installations ltd Estimated Valuation
Pomanda estimates the enterprise value of I-TEC INSTALLATIONS LTD at £0 based on Net Assets of £-32.7k and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
I-tec Installations Ltd Overview
I-tec Installations Ltd is a live company located in walsall, WS8 7RA with a Companies House number of 07827485. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2011, it's largest shareholder is ivan james berry with a 100% stake. I-tec Installations Ltd is a established, micro sized company, Pomanda has estimated its turnover at £224.6k with declining growth in recent years.
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I-tec Installations Ltd Health Check
Pomanda's financial health check has awarded I-Tec Installations Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £224.6k, make it smaller than the average company (£2.3m)
- I-tec Installations Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (3.5%)
- I-tec Installations Ltd
3.5% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- I-tec Installations Ltd
26.2% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (6.5%)
- I-tec Installations Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - I-tec Installations Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- I-tec Installations Ltd
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £112.3k, this is less efficient (£279k)
- I-tec Installations Ltd
£279k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- I-tec Installations Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (30 days)
- I-tec Installations Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 132 days, this is in line with average (161 days)
- I-tec Installations Ltd
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - I-tec Installations Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.3%, this is a higher level of debt than the average (73.6%)
138.3% - I-tec Installations Ltd
73.6% - Industry AVG
I-TEC INSTALLATIONS LTD financials
I-Tec Installations Ltd's latest turnover from October 2023 is estimated at £224.6 thousand and the company has net assets of -£32.7 thousand. According to their latest financial statements, I-Tec Installations Ltd has 2 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,513 | 3,097 | 3,171 | 3,976 | 5,009 | 2,987 | 3,842 | 4,894 | 5,945 | 4,745 | 3,840 | 4,204 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,513 | 3,097 | 3,171 | 3,976 | 5,009 | 2,987 | 3,842 | 4,894 | 5,945 | 4,745 | 3,840 | 4,204 |
| Stock & work in progress | 60,000 | 53,782 | 40,401 | 13,000 | 13,000 | 13,000 | 14,500 | 11,200 | 22,033 | 5,000 | 4,572 | 6,190 |
| Trade Debtors | 0 | 2,238 | 5,206 | 34,912 | 39,890 | 41,412 | 47,791 | 48,121 | 29,018 | 19,409 | 23,307 | 17,163 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,854 | 28,599 | 14,525 | 9,968 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,064 | 19,950 | 13,452 | 2,351 | 0 | 0 | 0 | 0 | 2,711 | 17,415 | 12,752 | 1,115 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 82,918 | 104,569 | 73,584 | 60,231 | 52,890 | 54,412 | 62,291 | 59,321 | 53,762 | 41,824 | 40,631 | 24,468 |
| total assets | 85,431 | 107,666 | 76,755 | 64,207 | 57,899 | 57,399 | 66,133 | 64,215 | 59,707 | 46,569 | 44,471 | 28,672 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 913 | 9,353 | 1,587 | 0 | 0 | 0 | 0 |
| Bank loan | 14,688 | 13,736 | 15,428 | 1,573 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,647 | 3,034 | 0 | 0 | 66,834 | 1,110 | 7,148 | 11,539 | 58,784 | 35,732 | 45,063 | 22,543 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 82,975 | 69,768 | 45,304 | 37,228 | 0 | 88,352 | 72,936 | 50,863 | 0 | 0 | 0 | 0 |
| total current liabilities | 102,310 | 86,538 | 60,732 | 38,801 | 66,834 | 90,375 | 89,437 | 63,989 | 58,784 | 35,732 | 45,063 | 22,543 |
| loans | 15,852 | 30,293 | 40,990 | 18,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,852 | 30,293 | 40,990 | 18,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 118,162 | 116,831 | 101,722 | 57,228 | 66,834 | 90,375 | 89,437 | 63,989 | 58,784 | 35,732 | 45,063 | 22,543 |
| net assets | -32,731 | -9,165 | -24,967 | 6,979 | -8,935 | -32,976 | -23,304 | 226 | 923 | 10,837 | -592 | 6,129 |
| total shareholders funds | -32,731 | -9,165 | -24,967 | 6,979 | -8,935 | -32,976 | -23,304 | 226 | 923 | 10,837 | -592 | 6,129 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 584 | 699 | 805 | 1,033 | 763 | 855 | 1,051 | 1,051 | 1,300 | 1,173 | 1,010 | 1,337 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 6,218 | 13,381 | 27,401 | 0 | 0 | -1,500 | 3,300 | -10,833 | 17,033 | 428 | -1,618 | 6,190 |
| Debtors | -9,983 | 11,106 | -25,149 | 4,990 | -1,522 | -6,379 | -330 | 19,103 | 9,609 | -3,898 | 6,144 | 17,163 |
| Creditors | 1,613 | 3,034 | 0 | -66,834 | 65,724 | -6,038 | -4,391 | -47,245 | 23,052 | -9,331 | 22,520 | 22,543 |
| Accruals and Deferred Income | 13,207 | 24,464 | 8,076 | 37,228 | -88,352 | 15,416 | 22,073 | 50,863 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 952 | -1,692 | 13,855 | 1,573 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -14,441 | -10,697 | 22,563 | 18,427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -17,886 | 6,498 | 11,101 | 2,351 | 0 | 0 | 0 | -2,711 | -14,704 | 4,663 | 11,637 | 1,115 |
| overdraft | 0 | 0 | 0 | 0 | -913 | -8,440 | 7,766 | 1,587 | 0 | 0 | 0 | 0 |
| change in cash | -17,886 | 6,498 | 11,101 | 2,351 | 913 | 8,440 | -7,766 | -4,298 | -14,704 | 4,663 | 11,637 | 1,115 |
i-tec installations ltd Credit Report and Business Information
I-tec Installations Ltd Competitor Analysis
Perform a competitor analysis for i-tec installations ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WS8 area or any other competitors across 12 key performance metrics.
i-tec installations ltd Ownership
I-TEC INSTALLATIONS LTD group structure
I-Tec Installations Ltd has no subsidiary companies.
Ultimate parent company
I-TEC INSTALLATIONS LTD
07827485
i-tec installations ltd directors
I-Tec Installations Ltd currently has 1 director, Mr Ivan Berry serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ivan Berry | England | 50 years | Oct 2011 | - | Director |
P&L
October 2023turnover
224.6k
+50%
operating profit
-19.9k
0%
gross margin
26.2%
+5.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-32.7k
+2.57%
total assets
85.4k
-0.21%
cash
2.1k
-0.9%
net assets
Total assets minus all liabilities
i-tec installations ltd company details
company number
07827485
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
6 larkspur way, clayhanger, walsall, west midlands, WS8 7RA
Bank
-
Legal Advisor
-
i-tec installations ltd 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 i-tec installations ltd.
i-tec installations 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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i-tec installations ltd Companies House Filings - See Documents
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