ifix computing ltd

ifix computing ltd Company Information

Share IFIX COMPUTING LTD
Live 
EstablishedMicroDeclining

Company Number

08120576

Industry

Technical and vocational secondary education

 

Shareholders

saifur rahman chowdhury

Group Structure

View All

Contact

Registered Address

56 station road, letchworth garden city, SG6 3BE

ifix computing ltd Estimated Valuation

£181.1k

Pomanda estimates the enterprise value of IFIX COMPUTING LTD at £181.1k based on a Turnover of £276.4k and 0.66x industry multiple (adjusted for size and gross margin).

ifix computing ltd Estimated Valuation

£7.4k

Pomanda estimates the enterprise value of IFIX COMPUTING LTD at £7.4k based on an EBITDA of £1.8k and a 4.15x industry multiple (adjusted for size and gross margin).

ifix computing ltd Estimated Valuation

£149k

Pomanda estimates the enterprise value of IFIX COMPUTING LTD at £149k based on Net Assets of £57.7k and 2.58x industry multiple (adjusted for liquidity).

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Ifix Computing Ltd Overview

Ifix Computing Ltd is a live company located in letchworth garden city, SG6 3BE with a Companies House number of 08120576. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in June 2012, it's largest shareholder is saifur rahman chowdhury with a 100% stake. Ifix Computing Ltd is a established, micro sized company, Pomanda has estimated its turnover at £276.4k with declining growth in recent years.

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Ifix Computing Ltd Health Check

Pomanda's financial health check has awarded Ifix Computing 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £276.4k, make it smaller than the average company (£728.1k)

£276.4k - Ifix Computing Ltd

£728.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.7%)

-4% - Ifix Computing Ltd

3.7% - Industry AVG

production

Production

with a gross margin of 34.4%, this company has a higher cost of product (52.6%)

34.4% - Ifix Computing Ltd

52.6% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (4.5%)

0.6% - Ifix Computing Ltd

4.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (15)

2 - Ifix Computing Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)

£33.9k - Ifix Computing Ltd

£33.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £138.2k, this is more efficient (£62.6k)

£138.2k - Ifix Computing Ltd

£62.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (19 days)

113 days - Ifix Computing Ltd

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (33 days)

54 days - Ifix Computing Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ifix Computing Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ifix Computing Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.9%, this is a higher level of debt than the average (28.8%)

32.9% - Ifix Computing Ltd

28.8% - Industry AVG

IFIX COMPUTING LTD financials

EXPORTms excel logo

Ifix Computing Ltd's latest turnover from June 2023 is estimated at £276.4 thousand and the company has net assets of £57.7 thousand. According to their latest financial statements, Ifix Computing Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Turnover276,393240,954265,877312,802206,548308,642306,500111,89460,97162,79036,782
Other Income Or Grants00000000000
Cost Of Sales181,313156,241174,666220,780133,302211,104197,44979,50340,58340,25924,532
Gross Profit95,07984,71291,21192,02173,24697,538109,05032,39020,38822,53012,250
Admin Expenses93,29684,00195,67491,36278,63996,13831,99730,57318,65024,41511,538
Operating Profit1,783711-4,463659-5,3931,40077,0531,8171,738-1,885712
Interest Payable00000000000
Interest Receivable00000032522119
Pre-Tax Profit1,783711-4,463659-5,3931,40077,0561,8431,760-1,874721
Tax-446-1350-1250-266-14,641-368-3520-166
Profit After Tax1,337576-4,463534-5,3931,13462,4151,4741,408-1,874555
Dividends Paid00000000000
Retained Profit1,337576-4,463534-5,3931,13462,4151,4741,408-1,874555
Employee Costs67,70361,50061,45960,00759,802116,589110,16153,77628,08726,53125,934
Number Of Employees22222442111
EBITDA*1,783711-4,463659-5,3931,40077,0536,4345,7593,1416,995

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Tangible Assets35,4035,0016,6638,74111,33814,17218,46834,81038,83143,857
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets35,4035,0016,6638,74111,33814,17218,46834,81038,83143,857
Stock & work in progress000000015,780000
Trade Debtors85,96078,99178,98493,61662,69059,63654,12819,73012,65013,5108,084
Group Debtors00000000000
Misc Debtors00000000000
Cash00000002,4447,6291,1363,410
misc current assets0000002,8502,850000
total current assets85,96078,99178,98493,61662,69059,63656,97840,80420,27914,64611,494
total assets85,96384,39483,985100,27971,43170,97471,15059,27255,08953,47755,351
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 26,92326,65328,19520,02611,7125,8627,1723,209500296296
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities26,92326,65328,19520,02611,7125,8627,1723,209500296296
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00020,0000000000
provisions1,3371,375000000000
total long term liabilities1,3371,375020,0000000000
total liabilities28,26028,02828,19540,02611,7125,8627,1723,209500296296
net assets57,70356,36655,79060,25359,71965,11263,97856,06354,58953,18155,055
total shareholders funds57,70356,36655,79060,25359,71965,11263,97856,06354,58953,18155,055
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Operating Activities
Operating Profit1,783711-4,463659-5,3931,40077,0531,8171,738-1,885712
Depreciation00000004,6174,0215,0266,283
Amortisation00000000000
Tax-446-1350-1250-266-14,641-368-3520-166
Stock000000-15,78015,780000
Debtors6,9697-14,63230,9263,0545,50834,3987,080-8605,4268,084
Creditors270-1,5428,1698,3145,850-1,3103,9632,7092040296
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions-381,375000000000
Cash flow from operations-5,40040218,338-22,078-2,597-5,68447,757-14,0856,471-2,285-959
Investing Activities
capital expenditure5,400-4021,6622,0782,5972,8344,29611,72500-50,140
Change in Investments00000000000
cash flow from investments5,400-4021,6622,0782,5972,8344,29611,72500-50,140
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00-20,00020,0000000000
share issue000000-54,50000054,500
interest00000032522119
cash flow from financing00-20,00020,00000-54,49725221154,509
cash and cash equivalents
cash000000-2,444-5,1856,493-2,2743,410
overdraft00000000000
change in cash000000-2,444-5,1856,493-2,2743,410

ifix computing ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ifix Computing Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ifix computing ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SG6 area or any other competitors across 12 key performance metrics.

ifix computing ltd Ownership

IFIX COMPUTING LTD group structure

Ifix Computing Ltd has no subsidiary companies.

Ultimate parent company

IFIX COMPUTING LTD

08120576

IFIX COMPUTING LTD Shareholders

saifur rahman chowdhury 100%

ifix computing ltd directors

Ifix Computing Ltd currently has 1 director, Mr Saifur Chowdhury serving since Oct 2012.

officercountryagestartendrole
Mr Saifur ChowdhuryUnited Kingdom40 years Oct 2012- Director

P&L

June 2023

turnover

276.4k

+15%

operating profit

1.8k

0%

gross margin

34.5%

-2.15%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

57.7k

+0.02%

total assets

86k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

ifix computing ltd company details

company number

08120576

Type

Private limited with Share Capital

industry

85320 - Technical and vocational secondary education

incorporation date

June 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

universal professional and vocational college limited (October 2021)

accountant

-

auditor

-

address

56 station road, letchworth garden city, SG6 3BE

Bank

-

Legal Advisor

-

ifix computing 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 ifix computing ltd.

ifix computing 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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ifix computing ltd Companies House Filings - See Documents

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