Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Pomanda estimates the enterprise value of IGNITE ENTERPRISES LTD at £196.2k based on a Turnover of £183.8k and 1.07x industry multiple (adjusted for size and gross margin).
ignite enterprises ltdEstimated Valuation
£131.1k
Pomanda estimates the enterprise value of IGNITE ENTERPRISES LTD at £131.1k based on an EBITDA of £29.4k and a 4.46x industry multiple (adjusted for size and gross margin).
ignite enterprises ltdEstimated Valuation
£998.6k
Pomanda estimates the enterprise value of IGNITE ENTERPRISES LTD at £998.6k based on Net Assets of £765.2k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ignite Enterprises LtdOverview
Ignite Enterprises Ltd is a live company located in watford, WD18 9PX with a Companies House number of 08504327. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2013, it's largest shareholder is
sanjeev desour
with a 53.8% stake. Ignite Enterprises Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£183.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ignite Enterprises 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
3 Regular
4 Weak
Size
annual sales of £183.8k, make it smaller than the average company (£18.5m)
£183.8k - Ignite Enterprises Ltd
£18.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7.9%)
-12% - Ignite Enterprises Ltd
7.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Ignite Enterprises Ltd
34.8% - Industry AVG
Profitability
an operating margin of 16% make it more profitable than the average company (4.9%)
16% - Ignite Enterprises Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (103)
1 - Ignite Enterprises Ltd
103 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
£42.3k - Ignite Enterprises Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £183.8k, this is equally as efficient (£183.8k)
£183.8k - Ignite Enterprises Ltd
£183.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ignite Enterprises Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ignite Enterprises Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ignite Enterprises Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Ignite Enterprises Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.5%, this is a lower level of debt than the average (68.7%)
53.5% - Ignite Enterprises Ltd
68.7% - Industry AVG
IGNITE ENTERPRISES LTD financials
EXPORT
Ignite Enterprises Ltd's latest turnover from May 2023 is estimated at £183.8 thousand and the company has net assets of £765.2 thousand. According to their latest financial statements, Ignite Enterprises Ltd has 1 employee and maintains cash reserves of £253 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Apr 2015
Apr 2014
Turnover
183,786
168,668
147,680
271,450
37,875
147,851
149,440
62
Other Income Or Grants
Cost Of Sales
119,764
109,910
99,131
179,132
25,255
97,957
100,016
42
Gross Profit
64,022
58,758
48,548
92,318
12,620
49,894
49,424
20
Admin Expenses
34,632
50,359
18,565
75,449
73,403
-6,877
-26,147
-51,724
20
Operating Profit
29,390
8,399
29,983
16,869
-60,783
6,877
76,041
101,148
Interest Payable
40,473
27,265
25,486
26,595
14,854
1
1
Interest Receivable
67
19
101
123
358
125
Pre-Tax Profit
-11,016
-18,847
4,599
-9,603
-75,280
7,002
76,041
101,148
Tax
-874
-1,330
-14,448
-20,229
Profit After Tax
-11,016
-18,847
3,725
-9,603
-75,280
5,672
61,593
80,918
Dividends Paid
Retained Profit
-11,016
-18,847
3,725
-9,603
-75,280
5,672
61,593
80,918
Employee Costs
42,265
39,541
37,733
73,589
36,105
32,990
32,858
32,622
Number Of Employees
1
1
1
2
1
1
1
1
EBITDA*
29,390
8,399
29,983
16,869
-60,783
6,877
76,041
101,148
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Apr 2015
Apr 2014
Tangible Assets
1,350,000
1,461,270
1,127,500
1,127,500
800,000
Intangible Assets
Investments & Other
2
2
2
2
2
2
2
2
2
Debtors (Due After 1 year)
Total Fixed Assets
1,350,002
1,461,272
1,127,502
1,127,502
800,002
2
2
2
2
Stock & work in progress
Trade Debtors
30,600
5,100
13
Group Debtors
Misc Debtors
189,039
189,039
229,936
41,272
163,868
99,579
144,581
101,545
Cash
253
2,733
1,018
201,064
45,421
50,036
misc current assets
106,525
101,792
101,593
total current assets
295,817
293,564
332,547
272,936
214,389
149,615
144,581
101,545
13
total assets
1,645,819
1,754,836
1,460,049
1,400,438
1,014,391
149,617
144,583
101,547
15
Bank overdraft
22
Bank loan
Trade Creditors
2
Group/Directors Accounts
388,890
387,240
310,280
205,128
280,128
1,252
262
other short term finances
hp & lease commitments
other current liabilities
8,844
77,414
98,595
9,378
169
1,797
20,594
total current liabilities
388,890
396,084
387,694
303,723
289,506
1,421
2,059
20,616
2
loans
395,693
375,230
403,756
431,841
440,133
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
96,025
96,025
96,025
96,025
33,800
total long term liabilities
491,718
471,255
499,781
527,866
473,933
total liabilities
880,608
867,339
887,475
831,589
763,439
1,421
2,059
20,616
2
net assets
765,211
887,497
572,574
568,849
250,952
148,196
142,524
80,931
13
total shareholders funds
765,211
887,497
572,574
568,849
250,952
148,196
142,524
80,931
13
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Apr 2015
Apr 2014
Operating Activities
Operating Profit
29,390
8,399
29,983
16,869
-60,783
6,877
76,041
101,148
Depreciation
Amortisation
Tax
-874
-1,330
-14,448
-20,229
Stock
Debtors
-40,897
158,064
-97,096
69,389
-45,002
43,036
101,532
13
Creditors
-2
2
Accruals and Deferred Income
-8,844
-68,570
-21,181
89,217
9,209
-1,628
-18,797
20,594
Deferred Taxes & Provisions
62,225
33,800
Cash flow from operations
20,546
-19,274
-150,136
265,407
-87,163
48,921
-240
-21
-11
Investing Activities
capital expenditure
111,270
-333,770
-327,500
-800,000
Change in Investments
2
cash flow from investments
111,270
-333,770
-327,500
-800,000
-2
Financing Activities
Bank loans
Group/Directors Accounts
1,650
76,960
105,152
-75,000
278,876
990
262
Other Short Term Loans
Long term loans
20,463
-28,526
-28,085
-8,292
440,133
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-111,270
333,770
327,500
178,036
13
interest
-40,406
-27,246
-25,385
-26,472
-14,496
125
-1
-1
cash flow from financing
-129,563
354,958
51,682
217,736
882,549
1,115
261
-1
13
cash and cash equivalents
cash
-2,480
1,715
-200,046
155,643
-4,615
50,036
overdraft
-22
22
change in cash
-2,480
1,715
-200,046
155,643
-4,615
50,036
22
-22
ignite enterprises 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 ignite enterprises ltd. Get real-time insights into ignite enterprises ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ignite enterprises ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WD18 area or any other competitors across 12 key performance metrics.
ignite enterprises ltd Ownership
IGNITE ENTERPRISES LTD group structure
Ignite Enterprises Ltd has 2 subsidiary companies.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
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 2 charges/mortgages relating to ignite enterprises ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
ignite enterprises 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 IGNITE ENTERPRISES LTD. This can take several minutes, an email will notify you when this has completed.
ignite enterprises ltdCompanies House Filings - See Documents
