innovation city (telecoms) limited
innovation city (telecoms) limited Company Information
Company Number
08382258
Website
-Registered Address
26-28 bedford row, london, WC1R 4HE
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Andrew Parsons6 Years
Shareholders
innovation city (london) limited 100%
innovation city (telecoms) limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION CITY (TELECOMS) LIMITED at £0 based on a Turnover of £77k and -4.72x industry multiple (adjusted for size and gross margin).
innovation city (telecoms) limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION CITY (TELECOMS) LIMITED at £19.5m based on an EBITDA of £-523k and a -37.21x industry multiple (adjusted for size and gross margin).
innovation city (telecoms) limited Estimated Valuation
Pomanda estimates the enterprise value of INNOVATION CITY (TELECOMS) LIMITED at £0 based on Net Assets of £-16.5m and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Innovation City (telecoms) Limited Overview
Innovation City (telecoms) Limited is a dissolved company that was located in london, WC1R 4HE with a Companies House number of 08382258. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2013, it's largest shareholder was innovation city (london) limited with a 100% stake. The last turnover for Innovation City (telecoms) Limited was estimated at £77k.
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Innovation City (telecoms) Limited Health Check
There is insufficient data available to calculate a health check for Innovation City (Telecoms) Limited. Company Health Check FAQs
0 Strong
0 Regular
9 Weak
Size
annual sales of £77k, make it smaller than the average company (£1.6m)
£77k - Innovation City (telecoms) Limited
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Innovation City (telecoms) Limited
- - Industry AVG
Production
with a gross margin of -654.5%, this company has a higher cost of product (38%)
-654.5% - Innovation City (telecoms) Limited
38% - Industry AVG
Profitability
an operating margin of -3698.7% make it less profitable than the average company (6.3%)
-3698.7% - Innovation City (telecoms) Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Innovation City (telecoms) Limited
17 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Innovation City (telecoms) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is less efficient (£123.4k)
- Innovation City (telecoms) Limited
£123.4k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (42 days)
85 days - Innovation City (telecoms) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (34 days)
22 days - Innovation City (telecoms) Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Innovation City (telecoms) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Innovation City (telecoms) Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130%, this is a higher level of debt than the average (65.6%)
130% - Innovation City (telecoms) Limited
65.6% - Industry AVG
INNOVATION CITY (TELECOMS) LIMITED financials
Innovation City (Telecoms) Limited's latest turnover from March 2018 is £77 thousand and the company has net assets of -£16.5 million. According to their latest financial statements, we estimate that Innovation City (Telecoms) Limited has 1 employee and maintains cash reserves of £7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Turnover | 77,000 | 45,000 | 5,000 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 581,000 | 1,203,000 | 166,000 | 0 | |
| Gross Profit | -504,000 | -1,158,000 | -161,000 | 0 | |
| Admin Expenses | 2,344,000 | 2,098,000 | 1,863,000 | 19,000 | |
| Operating Profit | -2,848,000 | -3,256,000 | -2,024,000 | -19,000 | -16,344 |
| Interest Payable | 3,079,000 | 3,023,000 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -5,927,000 | -6,279,000 | -4,315,000 | -19,000 | -16,344 |
| Tax | 0 | 37,000 | 0 | 0 | 0 |
| Profit After Tax | -5,927,000 | -6,242,000 | -4,315,000 | -19,000 | -16,344 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -5,927,000 | -6,242,000 | -4,315,000 | -19,000 | -16,344 |
| Employee Costs | 0 | 0 | 0 | ||
| Number Of Employees | |||||
| EBITDA* | -523,000 | -1,163,000 | -821,000 | -19,000 | -16,344 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 54,838,000 | 56,121,000 | 53,236,000 | 2,510,000 | 1,380,027 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 54,838,000 | 56,121,000 | 53,236,000 | 2,510,000 | 1,380,027 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,000 | 49,000 | 5,000 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 203,000 | 151,000 | 119,000 | 58,000 | 278,483 |
| Cash | 7,000 | 0 | 0 | 1,000 | 155 |
| misc current assets | 0 | 37,000 | 0 | 0 | 0 |
| total current assets | 228,000 | 237,000 | 124,000 | 59,000 | 278,638 |
| total assets | 55,066,000 | 56,358,000 | 53,360,000 | 2,569,000 | 1,658,665 |
| Bank overdraft | 566,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 36,000 | 83,000 | 347,000 | 273,000 | 57,727 |
| Group/Directors Accounts | 0 | 0 | 9,969,000 | 0 | 1,610,760 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 17,575,000 | 15,611,000 | 886,000 | 2,330,000 | 5,522 |
| total current liabilities | 18,177,000 | 15,694,000 | 11,202,000 | 2,603,000 | 1,674,009 |
| loans | 106,762,000 | 102,510,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 46,507,000 | 0 | 0 |
| Accruals and Deferred Income | 26,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 53,407,000 | 51,255,000 | 46,507,000 | 0 | 0 |
| total liabilities | 71,584,000 | 66,949,000 | 57,709,000 | 2,603,000 | 1,674,009 |
| net assets | -16,518,000 | -10,591,000 | -4,349,000 | -34,000 | -15,344 |
| total shareholders funds | -16,518,000 | -10,591,000 | -4,349,000 | -34,000 | -15,344 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -2,848,000 | -3,256,000 | -2,024,000 | -19,000 | -16,344 |
| Depreciation | 2,325,000 | 2,093,000 | 1,203,000 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 37,000 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 21,000 | 76,000 | 66,000 | -220,483 | 278,483 |
| Creditors | -47,000 | -264,000 | 74,000 | 215,273 | 57,727 |
| Accruals and Deferred Income | 1,990,000 | 14,725,000 | -1,444,000 | 2,324,478 | 5,522 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,399,000 | 13,259,000 | -2,257,000 | -231,578 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -9,969,000 | 9,969,000 | -1,610,760 | 1,610,760 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 4,252,000 | 102,510,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -46,507,000 | 46,507,000 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -3,079,000 | -3,023,000 | 0 | 0 | 0 |
| cash flow from financing | 1,173,000 | 43,011,000 | 56,476,000 | -1,610,416 | 1,611,760 |
| cash and cash equivalents | |||||
| cash | 7,000 | 0 | -1,000 | 845 | 155 |
| overdraft | 566,000 | 0 | 0 | 0 | 0 |
| change in cash | -559,000 | 0 | -1,000 | 845 | 155 |
innovation city (telecoms) limited Credit Report and Business Information
Innovation City (telecoms) Limited Competitor Analysis
Perform a competitor analysis for innovation city (telecoms) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in WC1R area or any other competitors across 12 key performance metrics.
innovation city (telecoms) limited Ownership
INNOVATION CITY (TELECOMS) LIMITED group structure
Innovation City (Telecoms) Limited has no subsidiary companies.
Ultimate parent company
DV4 LTD
#0042481
2 parents
INNOVATION CITY (TELECOMS) LIMITED
08382258
innovation city (telecoms) limited directors
Innovation City (Telecoms) Limited currently has 1 director, Mr Andrew Parsons serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Parsons | Bermuda | 65 years | Aug 2018 | - | Director |
P&L
March 2018turnover
77k
+71%
operating profit
-2.8m
-13%
gross margin
-654.5%
-74.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-16.5m
+0.56%
total assets
55.1m
-0.02%
cash
7k
0%
net assets
Total assets minus all liabilities
Similar Companies
innovation city (telecoms) limited company details
company number
08382258
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2013
age
11
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
isdc developments (no6) limited (August 2018)
last accounts submitted
March 2018
address
26-28 bedford row, london, WC1R 4HE
accountant
-
auditor
-
innovation city (telecoms) limited 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 innovation city (telecoms) limited.
innovation city (telecoms) limited Companies House Filings - See Documents
| date | description | view/download |
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