irh (north east) ltd
irh (north east) ltd Company Information
Company Number
07992760
Next Accounts
Jan 2025
Industry
Management consultancy activities (other than financial management)
Directors
Shareholders
ian hewitson
Group Structure
View All
Contact
Registered Address
47 the birches, coulby newham, middlesbrough, cleveland, TS8 0UA
Website
-irh (north east) ltd Estimated Valuation
Pomanda estimates the enterprise value of IRH (NORTH EAST) LTD at £32.2k based on a Turnover of £77.9k and 0.41x industry multiple (adjusted for size and gross margin).
irh (north east) ltd Estimated Valuation
Pomanda estimates the enterprise value of IRH (NORTH EAST) LTD at £0 based on an EBITDA of £-8.2k and a 3.25x industry multiple (adjusted for size and gross margin).
irh (north east) ltd Estimated Valuation
Pomanda estimates the enterprise value of IRH (NORTH EAST) LTD at £100.5k based on Net Assets of £37.2k and 2.7x industry multiple (adjusted for liquidity).
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Irh (north East) Ltd Overview
Irh (north East) Ltd is a dissolved company that was located in middlesbrough, TS8 0UA with a Companies House number of 07992760. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 2012, it's largest shareholder was ian hewitson with a 100% stake. The last turnover for Irh (north East) Ltd was estimated at £77.9k.
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Irh (north East) Ltd Health Check
Pomanda's financial health check has awarded Irh (North East) Ltd a 2 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £77.9k, make it smaller than the average company (£453.6k)
- Irh (north East) Ltd
£453.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)
- Irh (north East) Ltd
5.9% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (57.7%)
- Irh (north East) Ltd
57.7% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (8.7%)
- Irh (north East) Ltd
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Irh (north East) Ltd
5 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Irh (north East) Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £77.9k, this is less efficient (£116.7k)
- Irh (north East) Ltd
£116.7k - Industry AVG
Debtor Days
it gets paid by customers after 203 days, this is later than average (69 days)
- Irh (north East) Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (29 days)
- Irh (north East) Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Irh (north East) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Irh (north East) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (54.7%)
14.4% - Irh (north East) Ltd
54.7% - Industry AVG
IRH (NORTH EAST) LTD financials
Irh (North East) Ltd's latest turnover from March 2023 is estimated at £77.9 thousand and the company has net assets of £37.2 thousand. According to their latest financial statements, Irh (North East) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 43,465 | 53,296 | 54,418 | 23,919 | 18,468 | 19,781 | 18,237 | 4,036 | 6,072 | 8,066 | 4,518 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,866 | 14,558 | 14,929 | 6,308 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,465 | 53,296 | 54,418 | 23,919 | 18,468 | 19,781 | 18,237 | 8,902 | 20,630 | 22,995 | 10,826 |
| total assets | 43,465 | 53,296 | 54,418 | 23,919 | 18,468 | 19,781 | 18,237 | 8,902 | 20,630 | 22,995 | 10,826 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,255 | 7,849 | 8,767 | 4,245 | 7,392 | 0 | 14,016 | 8,806 | 17,585 | 22,143 | 10,244 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,255 | 7,849 | 8,767 | 4,245 | 7,392 | 0 | 14,016 | 8,806 | 17,585 | 22,143 | 10,244 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 9,433 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 9,433 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,255 | 7,849 | 8,767 | 4,245 | 7,392 | 9,433 | 14,016 | 8,806 | 17,585 | 22,143 | 10,244 |
| net assets | 37,210 | 45,447 | 45,651 | 19,674 | 11,076 | 10,348 | 4,221 | 96 | 3,045 | 852 | 582 |
| total shareholders funds | 37,210 | 45,447 | 45,651 | 19,674 | 11,076 | 10,348 | 4,221 | 96 | 3,045 | 852 | 582 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,831 | -1,122 | 30,499 | 5,451 | -1,313 | 1,544 | 14,201 | -2,036 | -1,994 | 3,548 | 4,518 |
| Creditors | -1,594 | -918 | 4,522 | -3,147 | 7,392 | -14,016 | 5,210 | -8,779 | -4,558 | 11,899 | 10,244 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -9,433 | 9,433 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,866 | -9,692 | -371 | 8,621 | 6,308 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,866 | -9,692 | -371 | 8,621 | 6,308 |
irh (north east) ltd Credit Report and Business Information
Irh (north East) Ltd Competitor Analysis
Perform a competitor analysis for irh (north east) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in TS8 area or any other competitors across 12 key performance metrics.
irh (north east) ltd Ownership
IRH (NORTH EAST) LTD group structure
Irh (North East) Ltd has no subsidiary companies.
Ultimate parent company
IRH (NORTH EAST) LTD
07992760
irh (north east) ltd directors
Irh (North East) Ltd currently has 1 director, Mr Ian Hewitson serving since Mar 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Hewitson | United Kingdom | 62 years | Mar 2012 | - | Director |
P&L
March 2023turnover
77.9k
-7%
operating profit
-8.2k
0%
gross margin
26.2%
+3.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
37.2k
-0.18%
total assets
43.5k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
irh (north east) ltd company details
company number
07992760
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
March 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
47 the birches, coulby newham, middlesbrough, cleveland, TS8 0UA
Bank
-
Legal Advisor
-
irh (north east) 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 irh (north east) ltd.
irh (north east) 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.
Click to start generating capital raising & share issue transactions for IRH (NORTH EAST) LTD. This can take several minutes, an email will notify you when this has completed.
irh (north east) ltd Companies House Filings - See Documents
| date | description | view/download |
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