iwatch (uk) limited

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iwatch (uk) limited Company Information

Share IWATCH (UK) LIMITED

Company Number

08568736

Shareholders

jagjeet kudhail

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

238 birmingham road, great barr, birmingham, B43 7AH

Website

-

iwatch (uk) limited Estimated Valuation

£31.3k

Pomanda estimates the enterprise value of IWATCH (UK) LIMITED at £31.3k based on a Turnover of £63.6k and 0.49x industry multiple (adjusted for size and gross margin).

iwatch (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IWATCH (UK) LIMITED at £0 based on an EBITDA of £-3k and a 3.24x industry multiple (adjusted for size and gross margin).

iwatch (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IWATCH (UK) LIMITED at £0 based on Net Assets of £-4.3k and 1.96x industry multiple (adjusted for liquidity).

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Iwatch (uk) Limited Overview

Iwatch (uk) Limited is a live company located in birmingham, B43 7AH with a Companies House number of 08568736. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2013, it's largest shareholder is jagjeet kudhail with a 100% stake. Iwatch (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £63.6k with declining growth in recent years.

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Iwatch (uk) Limited Health Check

Pomanda's financial health check has awarded Iwatch (Uk) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £63.6k, make it smaller than the average company (£891k)

£63.6k - Iwatch (uk) Limited

£891k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (9%)

-32% - Iwatch (uk) Limited

9% - Industry AVG

production

Production

with a gross margin of 19.8%, this company has a higher cost of product (40.7%)

19.8% - Iwatch (uk) Limited

40.7% - Industry AVG

profitability

Profitability

an operating margin of -4.7% make it less profitable than the average company (6%)

-4.7% - Iwatch (uk) Limited

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Iwatch (uk) Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)

£30.7k - Iwatch (uk) Limited

£30.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.6k, this is less efficient (£89.7k)

£63.6k - Iwatch (uk) Limited

£89.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is later than average (30 days)

66 days - Iwatch (uk) Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 257 days, this is slower than average (39 days)

257 days - Iwatch (uk) Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Iwatch (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Iwatch (uk) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 107.6%, this is a higher level of debt than the average (43%)

107.6% - Iwatch (uk) Limited

43% - Industry AVG

IWATCH (UK) LIMITED financials

EXPORTms excel logo

Iwatch (Uk) Limited's latest turnover from February 2024 is estimated at £63.6 thousand and the company has net assets of -£4.3 thousand. According to their latest financial statements, Iwatch (Uk) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Jun 2015Jun 2014
Turnover63,632133,699133,510200,385555455
Other Income Or Grants
Cost Of Sales51,049106,938108,315164,332444343
Gross Profit12,58326,76225,19536,053111011
Admin Expenses15,58127,38825,21736,7041110-1
Operating Profit-2,998-626-22-65112
Interest Payable
Interest Receivable
Pre-Tax Profit-2,998-626-22-65112
Tax-2
Profit After Tax-2,998-626-22-65110
Dividends Paid
Retained Profit-2,998-626-22-65110
Employee Costs30,70529,83129,10854,46627,01926,61825,398
Number Of Employees1112111
EBITDA*-2,998-626-22-65112

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Jun 2015Jun 2014
Tangible Assets45,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets45,000
Stock & work in progress
Trade Debtors11,66952,26256,94158,264101010
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets11,66952,26256,94158,264101010
total assets56,66952,26256,94158,264101010
Bank overdraft
Bank loan
Trade Creditors 35,98818,69712,2228,905
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities35,98818,69712,2228,905
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities24,96834,85445,38250,000
provisions
total long term liabilities24,96834,85445,38250,000
total liabilities60,95653,55157,60458,905
net assets-4,287-1,289-663-641101010
total shareholders funds-4,287-1,289-663-641101010
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Jun 2015Jun 2014
Operating Activities
Operating Profit-2,998-626-22-65112
Depreciation
Amortisation
Tax-2
Stock
Debtors-40,593-4,679-1,32358,25410
Creditors17,2916,4753,3178,905
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations54,88610,5284,618-50,000
Investing Activities
capital expenditure-45,000
Change in Investments
cash flow from investments-45,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,886-10,528-4,61850,000
share issue
interest
cash flow from financing-9,886-10,528-4,61850,000
cash and cash equivalents
cash
overdraft
change in cash

iwatch (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Iwatch (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for iwatch (uk) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B43 area or any other competitors across 12 key performance metrics.

iwatch (uk) limited Ownership

IWATCH (UK) LIMITED group structure

Iwatch (Uk) Limited has no subsidiary companies.

Ultimate parent company

IWATCH (UK) LIMITED

08568736

IWATCH (UK) LIMITED Shareholders

jagjeet kudhail 100%

iwatch (uk) limited directors

Iwatch (Uk) Limited currently has 1 director, Mr Jagjeet Kudhail serving since Jun 2013.

officercountryagestartendrole
Mr Jagjeet KudhailEngland57 years Jun 2013- Director

P&L

February 2024

turnover

63.6k

-52%

operating profit

-3k

0%

gross margin

19.8%

-1.21%

turnover

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

Balance Sheet

February 2024

net assets

-4.3k

+2.33%

total assets

56.7k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

iwatch (uk) limited company details

company number

08568736

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

June 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

238 birmingham road, great barr, birmingham, B43 7AH

Bank

-

Legal Advisor

-

iwatch (uk) 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 iwatch (uk) limited.

iwatch (uk) 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.

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iwatch (uk) limited Companies House Filings - See Documents

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