islington foodbank limited
islington foodbank limited Company Information
Company Number
08566819
Next Accounts
Sep 2025
Directors
Shareholders
solabomi shoyinka
victoria alawode-williams
Group Structure
View All
Industry
Other human health activities
Registered Address
71 ronalds road, islington foodbank, london, N5 1XB
Website
islington.foodbank.org.ukislington foodbank limited Estimated Valuation
Pomanda estimates the enterprise value of ISLINGTON FOODBANK LIMITED at £932.3k based on a Turnover of £2.3m and 0.41x industry multiple (adjusted for size and gross margin).
islington foodbank limited Estimated Valuation
Pomanda estimates the enterprise value of ISLINGTON FOODBANK LIMITED at £486.5k based on an EBITDA of £152.5k and a 3.19x industry multiple (adjusted for size and gross margin).
islington foodbank limited Estimated Valuation
Pomanda estimates the enterprise value of ISLINGTON FOODBANK LIMITED at £1.1m based on Net Assets of £480k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Islington Foodbank Limited Overview
Islington Foodbank Limited is a live company located in london, N5 1XB with a Companies House number of 08566819. It operates in the other human health activities sector, SIC Code 86900. Founded in June 2013, it's largest shareholder is solabomi shoyinka with a 50% stake. Islington Foodbank Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Islington Foodbank Limited Health Check
Pomanda's financial health check has awarded Islington Foodbank Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £2.3m, make it larger than the average company (£797.3k)
- Islington Foodbank Limited
£797.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (6.5%)
- Islington Foodbank Limited
6.5% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (36.4%)
- Islington Foodbank Limited
36.4% - Industry AVG
Profitability
an operating margin of 6.8% make it more profitable than the average company (5.5%)
- Islington Foodbank Limited
5.5% - Industry AVG
Employees
with 24 employees, this is above the industry average (19)
- Islington Foodbank Limited
19 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Islington Foodbank Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £93.8k, this is more efficient (£51.3k)
- Islington Foodbank Limited
£51.3k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (22 days)
- Islington Foodbank Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (17 days)
- Islington Foodbank Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Islington Foodbank Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Islington Foodbank Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (27.8%)
0.2% - Islington Foodbank Limited
27.8% - Industry AVG
ISLINGTON FOODBANK LIMITED financials
Islington Foodbank Limited's latest turnover from December 2023 is estimated at £2.3 million and the company has net assets of £480 thousand. According to their latest financial statements, we estimate that Islington Foodbank Limited has 24 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 195 | 389 | 583 | ||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1 | 1 | 1 | 195 | 389 | 583 | ||||
| Stock & work in progress | ||||||||||
| Trade Debtors | 480,723 | 366,896 | 247,842 | 129,043 | 70,855 | 40,891 | 30,254 | 23,059 | 1,505 | |
| Group Debtors | ||||||||||
| Misc Debtors | ||||||||||
| Cash | 2,257 | |||||||||
| misc current assets | 562 | |||||||||
| total current assets | 480,723 | 366,896 | 248,404 | 129,043 | 70,855 | 40,891 | 30,254 | 23,059 | 1,505 | 2,257 |
| total assets | 480,724 | 366,897 | 248,405 | 129,238 | 71,244 | 41,474 | 30,254 | 23,059 | 1,505 | 2,257 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 698 | 1,260 | 2,346 | 2,247 | ||||||
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | ||||||||||
| total current liabilities | 698 | 1,260 | 2,346 | 2,247 | ||||||
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 1,260 | 1,900 | 950 | 420 | ||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 1,260 | 1,900 | 950 | 420 | ||||||
| total liabilities | 698 | 1,260 | 1,260 | 4,246 | 3,197 | 420 | ||||
| net assets | 480,026 | 365,637 | 247,145 | 124,992 | 68,047 | 41,054 | 30,254 | 23,059 | 1,505 | 2,257 |
| total shareholders funds | 480,026 | 365,637 | 247,145 | 124,992 | 68,047 | 41,054 | 30,254 | 23,059 | 1,505 | 2,257 |
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 194 | |||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | 113,827 | 119,054 | 118,799 | 58,188 | 29,964 | 10,637 | 7,195 | 21,554 | 1,505 | |
| Creditors | -562 | 1,260 | -2,346 | 99 | 2,247 | |||||
| Accruals and Deferred Income | -1,260 | -640 | 950 | 530 | 420 | |||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| 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 | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -2,257 | 2,257 | ||||||||
| overdraft | ||||||||||
| change in cash | -2,257 | 2,257 |
islington foodbank limited Credit Report and Business Information
Islington Foodbank Limited Competitor Analysis
Perform a competitor analysis for islington foodbank limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in N 5 area or any other competitors across 12 key performance metrics.
islington foodbank limited Ownership
ISLINGTON FOODBANK LIMITED group structure
Islington Foodbank Limited has no subsidiary companies.
Ultimate parent company
ISLINGTON FOODBANK LIMITED
08566819
islington foodbank limited directors
Islington Foodbank Limited currently has 1 director, Miss Chiagozie Ifeacho serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Chiagozie Ifeacho | England | 47 years | Jan 2016 | - | Director |
P&L
December 2023turnover
2.3m
+41%
operating profit
152.5k
0%
gross margin
21.1%
+3.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
480k
+0.31%
total assets
480.7k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
islington foodbank limited company details
company number
08566819
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
71 ronalds road, islington foodbank, london, N5 1XB
Bank
-
Legal Advisor
-
islington foodbank 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 islington foodbank limited.
islington foodbank limited 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 ISLINGTON FOODBANK LIMITED. This can take several minutes, an email will notify you when this has completed.
islington foodbank limited Companies House Filings - See Documents
| date | description | view/download |
|---|
