Ignite Retail Ltd

POWER SEARCH PRICING

SOLUTIONS

ignite retail ltd Company Information

Live

EstablishedSmallHigh

Company Number

08268111

Website

www.ignitestoves.com

Registered Address

the stables 11 lincoln road, welton, LN2 3HZ

Industry

Other retail sale in non-specialised stores

Telephone

01673308005

Next Accounts Due

September 2024

Group Structure

View All

Directors

Daniel Gibbs11 Years

Thomas Elston7 Years

Shareholders

daniel marc gibbs 25%

thomas lee elston 25%

View All

ignite retail ltd Estimated Valuation

£428.9k

Pomanda estimates the enterprise value of IGNITE RETAIL LTD at £428.9k based on a Turnover of £1.3m and 0.33x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Ignite Retail Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Ignite Retail Ltd is a live company located in welton, LN2 3HZ with a Companies House number of 08268111. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in October 2012, it's largest shareholder is daniel marc gibbs with a 25% stake. Ignite Retail Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Ignite Retail Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

5 Weak

Size

annual sales of £1.3m, make it in line with the average company (£1.3m)

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (0.6%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for ignite retail ltd. Get real-time insights into ignite retail ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for ignite retail ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

IGNITE RETAIL LTD group structure

Ignite Retail Ltd has no subsidiary companies.

Ultimate parent company

IGNITE RETAIL LTD

08268111

IGNITE RETAIL LTD Shareholders

daniel marc gibbs	25%
thomas lee elston	25%
hannah jane elston	25%
hayley louise gibbs	25%

Ignite Retail Ltd currently has 2 directors. The longest serving directors include Mr Daniel Gibbs (Oct 2012) and Mr Thomas Elston (Nov 2016).

officer	country	age	start	end	role
Mr Daniel Gibbs	England	38 years	Oct 2012	-	Director
Mr Thomas Elston	England	37 years	Nov 2016	-	Director

EXPORT

Ignite Retail Ltd's latest turnover from December 2022 is estimated at £1.3 million and the company has net assets of £20.5 thousand. According to their latest financial statements, Ignite Retail Ltd has 14 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013
Turnover	1,298,046	945,180	950,607	824,768	1,373,017	639,612	502,049	397,810	393,233	235,632
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	933,959	702,011	696,655	589,429	990,810	466,993	358,214	290,262	285,450	170,540
Gross Profit	364,087	243,168	253,952	235,339	382,207	172,620	143,835	107,548	107,782	65,092
Admin Expenses	425,014	210,179	246,740	248,434	343,254	181,619	171,755	92,575	74,505	27,658
Operating Profit	-60,927	32,989	7,212	-13,095	38,953	-8,999	-27,920	14,973	33,277	37,434
Interest Payable	0	0	0	0	0	0	172	179	0	0
Interest Receivable	0	0	0	0	133	117	61	199	144	38
Pre-Tax Profit	-60,927	32,989	7,212	-13,095	39,085	-8,882	-28,031	14,994	33,422	37,471
Tax	0	-6,268	-1,370	0	-7,426	0	0	-2,999	-7,019	-8,618
Profit After Tax	-60,927	26,721	5,842	-13,095	31,659	-8,882	-28,031	11,995	26,403	28,853
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	-60,927	26,721	5,842	-13,095	31,659	-8,882	-28,031	11,995	26,403	28,853
Employee Costs	265,343	147,753	140,547	126,381	178,520	84,876	81,736	49,956	49,325	32,000
Number Of Employees	14	8	8	7	10	5	5	3	3	2
EBITDA*	-60,927	32,989	7,212	-13,095	38,953	1,759	-23,097	18,923	36,336	39,391

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013
Tangible Assets	40,220	45,645	11,427	17,539	20,098	21,363	8,349	6,150	9,351	6,754
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	40,220	45,645	11,427	17,539	20,098	21,363	8,349	6,150	9,351	6,754
Stock & work in progress	0	0	0	0	0	30,000	24,000	38,000	20,465	36,681
Trade Debtors	340,236	325,934	247,674	188,323	233,268	134,889	125,779	90,035	70,964	34,239
Group Debtors	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	35,341	11,656	36,940	42,712	15,000
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	340,236	325,934	247,674	188,323	233,268	200,230	161,435	164,975	134,141	85,920
total assets	380,456	371,579	259,101	205,862	253,366	221,593	169,784	171,125	143,492	92,674
Bank overdraft	0	0	0	0	0	0	0	5,493	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	299,510	231,282	156,161	146,225	178,095	176,481	130,464	41,223	88,136	61,321
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	57,058	0	0
total current liabilities	299,510	231,282	156,161	146,225	178,095	176,481	130,464	103,774	88,136	61,321
loans	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	1,350	1,350	1,350	1,350	1,350	0	0	0	0	0
other liabilities	59,058	57,482	46,846	9,385	11,924	14,674	0	0	0	2,400
provisions	0	0	0	0	0	0	0	0	0	0
total long term liabilities	60,408	58,832	48,196	10,735	13,274	14,674	0	0	0	2,400
total liabilities	359,918	290,114	204,357	156,960	191,369	191,155	130,464	103,774	88,136	63,721
net assets	20,538	81,465	54,744	48,902	61,997	30,438	39,320	67,351	55,356	28,953
total shareholders funds	20,538	81,465	54,744	48,902	61,997	30,438	39,320	67,351	55,356	28,953

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013
Operating Activities
Operating Profit	-60,927	32,989	7,212	-13,095	38,953	-8,999	-27,920	14,973	33,277	37,434
Depreciation	0	0	0	0	0	10,758	4,823	3,950	3,059	1,957
Amortisation	0	0	0	0	0	0	0	0	0	0
Tax	0	-6,268	-1,370	0	-7,426	0	0	-2,999	-7,019	-8,618
Stock	0	0	0	0	-30,000	6,000	-14,000	17,535	-16,216	36,681
Debtors	14,302	78,260	59,351	-44,945	98,379	9,110	35,744	19,071	36,725	34,239
Creditors	68,228	75,121	9,936	-31,870	1,614	46,017	89,241	-46,913	26,815	61,321
Accruals and Deferred Income	0	0	0	0	1,350	0	-57,058	57,058	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-7,001	23,582	-43,573	-20	-33,888	32,666	-12,658	-10,537	35,623	21,174
Investing Activities
capital expenditure	5,425	-34,218	6,112	2,559	1,265	-23,772	-7,022	-749	-5,656	-8,711
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	5,425	-34,218	6,112	2,559	1,265	-23,772	-7,022	-749	-5,656	-8,711
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0
Long term loans	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
other long term liabilities	1,576	10,636	37,461	-2,539	-2,750	14,674	0	0	-2,400	2,400
share issue	0	0	0	0	-100	0	0	0	0	100
interest	0	0	0	0	133	117	-111	20	144	38
cash flow from financing	1,576	10,636	37,461	-2,539	-2,717	14,791	-111	20	-2,256	2,538
cash and cash equivalents
cash	0	0	0	0	-35,341	23,685	-25,284	-5,772	27,712	15,000
overdraft	0	0	0	0	0	0	-5,493	5,493	0	0
change in cash	0	0	0	0	-35,341	23,685	-19,791	-11,265	27,712	15,000

P&L

December 2022

turnover

1.3m

+37%

operating profit

-60.9k

gross margin

28.1%

+9.02%

turnover

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

Balance Sheet

December 2022

net assets

20.5k

-0.75%

total assets

380.5k

+0.02%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

rhodes fitted kitchens limited

bankside tackle and bait limited

vayu express limited

livelink retail limited

global sfx ltd

company number

08268111

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

October 2012

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

the stables 11 lincoln road, welton, LN2 3HZ

last accounts submitted

December 2022

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 found 1 charges/mortgages relating to ignite retail ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

ignite retail ltd Company Information

ignite retail ltd Estimated Valuation

ignite retail ltd Estimated Valuation

ignite retail ltd Estimated Valuation

Ignite Retail Ltd AI Business Plan

Ignite Retail Ltd Overview

Ignite Retail Ltd Health Check

ignite retail ltd Credit Report and Business Information

Ignite Retail Ltd Competitor Analysis

ignite retail ltd Ownership

ignite retail ltd directors

IGNITE RETAIL LTD financials

ignite retail ltd company details

ignite retail ltd Charges & Mortgages

ignite retail ltd Companies House Filings - See Documents