Pomanda estimates the enterprise value of IGAMING IDEAS LTD at £389k based on a Turnover of £598.5k and 0.65x industry multiple (adjusted for size and gross margin).
igaming ideas ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of IGAMING IDEAS LTD at £0 based on an EBITDA of £-126.4k and a 4.58x industry multiple (adjusted for size and gross margin).
igaming ideas ltdEstimated Valuation
£4.8m
Pomanda estimates the enterprise value of IGAMING IDEAS LTD at £4.8m based on Net Assets of £2.1m and 2.29x industry multiple (adjusted for liquidity).
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Igaming Ideas LtdOverview
Igaming Ideas Ltd is a live company located in suffolk, CB9 8AD with a Companies House number of 08407250. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2013, it's largest shareholder is
david jonathan sargeant
with a 100% stake. Igaming Ideas Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£598.5k with
low
growth in recent years.
Pomanda's financial health check has awarded Igaming Ideas Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
4 Regular
4 Weak
Size
annual sales of £598.5k, make it smaller than the average company (£1.4m)
£598.5k - Igaming Ideas Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9.3%)
1% - Igaming Ideas Ltd
9.3% - Industry AVG
Production
with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)
43.9% - Igaming Ideas Ltd
43.9% - Industry AVG
Profitability
an operating margin of -21.4% make it less profitable than the average company (6.1%)
-21.4% - Igaming Ideas Ltd
6.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (12)
5 - Igaming Ideas Ltd
12 - Industry AVG
Pay Structure
on an average salary of £59.8k, the company has an equivalent pay structure (£59.8k)
£59.8k - Igaming Ideas Ltd
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is equally as efficient (£130.8k)
£119.7k - Igaming Ideas Ltd
£130.8k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (62 days)
62 days - Igaming Ideas Ltd
62 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Igaming Ideas Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Igaming Ideas Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1253 weeks, this is more cash available to meet short term requirements (17 weeks)
1253 weeks - Igaming Ideas Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (55.4%)
2.6% - Igaming Ideas Ltd
55.4% - Industry AVG
IGAMING IDEAS LTD financials
EXPORT
Igaming Ideas Ltd's latest turnover from March 2024 is estimated at £598.5 thousand and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Igaming Ideas Ltd has 5 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
598,451
928,824
753,130
574,790
91,102
118,985
66,956
81,819
160,018
134,369
37,725
Other Income Or Grants
Cost Of Sales
336,034
489,302
412,729
293,852
43,651
56,907
29,761
34,713
65,925
56,023
14,688
Gross Profit
262,417
439,523
340,401
280,938
47,451
62,078
37,195
47,106
94,093
78,346
23,036
Admin Expenses
390,388
88,028
-957,110
-446,553
77,868
-130,610
54,765
40,063
125,402
17,084
9,543
Operating Profit
-127,971
351,495
1,297,511
727,491
-30,417
192,688
-17,570
7,043
-31,309
61,262
13,493
Interest Payable
Interest Receivable
77,416
67,314
8,376
385
125
795
120
65
185
184
32
Pre-Tax Profit
-50,555
418,809
1,305,886
727,875
-30,292
193,483
-17,450
7,109
-31,124
61,446
13,525
Tax
-79,574
-248,118
-138,296
-36,762
-1,422
-12,904
-3,111
Profit After Tax
-50,555
339,235
1,057,768
589,579
-30,292
156,721
-17,450
5,687
-31,124
48,542
10,414
Dividends Paid
Retained Profit
-50,555
339,235
1,057,768
589,579
-30,292
156,721
-17,450
5,687
-31,124
48,542
10,414
Employee Costs
299,121
449,548
360,736
288,111
48,190
53,458
52,716
55,285
115,034
57,707
55,947
Number Of Employees
5
8
7
6
1
1
1
1
2
1
1
EBITDA*
-126,446
353,028
1,298,938
728,791
-29,339
193,675
-16,830
7,510
-31,173
61,262
13,493
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
3,011
2,785
3,574
2,818
1,733
2,328
1,618
2,358
1,112
Intangible Assets
Investments & Other
713,711
441,138
409,284
70,519
Debtors (Due After 1 year)
Total Fixed Assets
716,722
443,923
412,858
73,337
1,733
2,328
1,618
2,358
1,112
Stock & work in progress
Trade Debtors
102,643
169,149
138,707
109,060
17,656
23,136
13,615
13,895
23,991
20,559
5,520
Group Debtors
Misc Debtors
21,444
813
612
10,000
260,003
8,191
Cash
1,292,082
1,657,113
1,510,588
722,933
46,226
203,278
8,698
39,277
13,099
60,883
12,670
misc current assets
total current assets
1,416,169
1,827,075
1,649,907
841,993
323,885
226,414
22,313
53,172
37,090
89,633
18,190
total assets
2,132,891
2,270,998
2,062,765
915,330
325,618
228,742
23,931
55,530
38,202
89,633
18,190
Bank overdraft
Bank loan
Trade Creditors
30,676
7,775
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
53,612
141,388
272,240
182,717
182,790
55,509
7,554
21,538
10,147
total current liabilities
53,612
141,388
272,240
182,717
182,790
55,509
7,554
21,538
10,147
30,676
7,775
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
753
529
679
535
329
442
307
472
222
total long term liabilities
753
529
679
535
329
442
307
472
222
total liabilities
54,365
141,917
272,919
183,252
183,119
55,951
7,861
22,010
10,369
30,676
7,775
net assets
2,078,526
2,129,081
1,789,846
732,078
142,499
172,791
16,070
33,520
27,833
58,957
10,415
total shareholders funds
2,078,526
2,129,081
1,789,846
732,078
142,499
172,791
16,070
33,520
27,833
58,957
10,415
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
-127,971
351,495
1,297,511
727,491
-30,417
192,688
-17,570
7,043
-31,309
61,262
13,493
Depreciation
1,525
1,533
1,427
1,300
1,078
987
740
467
136
Amortisation
Tax
-79,574
-248,118
-138,296
-36,762
-1,422
-12,904
-3,111
Stock
Debtors
-45,875
30,643
20,259
-158,599
254,523
9,521
-280
-10,096
-4,759
23,230
5,520
Creditors
-30,676
22,901
7,775
Accruals and Deferred Income
-87,776
-130,852
89,523
-73
127,281
47,955
-13,984
11,391
10,147
Deferred Taxes & Provisions
224
-150
144
206
-113
135
-165
250
222
Cash flow from operations
-168,123
111,809
1,120,228
749,227
-156,694
195,482
-30,699
27,825
-46,721
48,029
12,637
Investing Activities
capital expenditure
-1,751
-744
-2,183
-2,385
-483
-1,697
-1,713
-1,248
Change in Investments
272,573
31,854
338,765
70,519
cash flow from investments
-274,324
-32,598
-340,948
-72,904
-483
-1,697
-1,713
-1,248
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
77,416
67,314
8,376
385
125
795
120
65
185
184
32
cash flow from financing
77,416
67,314
8,376
385
125
795
120
65
185
184
33
cash and cash equivalents
cash
-365,031
146,525
787,655
676,707
-157,052
194,580
-30,579
26,178
-47,784
48,213
12,670
overdraft
change in cash
-365,031
146,525
787,655
676,707
-157,052
194,580
-30,579
26,178
-47,784
48,213
12,670
igaming ideas ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for igaming ideas ltd. Get real-time insights into igaming ideas ltd's credit score, group structure and payment trends.
Perform a competitor analysis for igaming ideas ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CB9 area or any other competitors across 12 key performance metrics.
igaming ideas ltd Ownership
IGAMING IDEAS LTD group structure
Igaming Ideas Ltd has no subsidiary companies.
Ultimate parent company
IGAMING IDEAS LTD
08407250
IGAMING IDEAS LTD Shareholders
The sole shareholder of Igaming Ideas Ltd is David Jonathan Sargeant.
david jonathan sargeant
100%
igaming ideas ltd directors
Igaming Ideas Ltd currently has 2 directors.
The longest serving directors include
Mr David Sargeant (Feb 2013) and
Mrs Sarah Ben-Tovim (Dec 2018).
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 igaming ideas ltd.
igaming ideas 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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igaming ideas ltdCompanies House Filings - See Documents
