indestinate limited
indestinate limited Company Information
Company Number
08605814
Website
www.indestinate.comRegistered Address
international house, 61 mosley street, manchester, M2 3HZ
Industry
Business and domestic software development
Telephone
01612661757
Next Accounts Due
September 2024
Group Structure
View All
Directors
- Years
Shareholders
exology ltd 50%
clive co ltd 50%
indestinate limited Estimated Valuation
Pomanda estimates the enterprise value of INDESTINATE LIMITED at £361.3k based on a Turnover of £550.4k and 0.66x industry multiple (adjusted for size and gross margin).
indestinate limited Estimated Valuation
Pomanda estimates the enterprise value of INDESTINATE LIMITED at £0 based on an EBITDA of £-26.8k and a 4.28x industry multiple (adjusted for size and gross margin).
indestinate limited Estimated Valuation
Pomanda estimates the enterprise value of INDESTINATE LIMITED at £0 based on Net Assets of £-227.5k and 0.38x industry multiple (adjusted for liquidity).
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Indestinate Limited Overview
Indestinate Limited is a dissolved company that was located in manchester, M2 3HZ with a Companies House number of 08605814. It operated in the business and domestic software development sector, SIC Code 62012. Founded in July 2013, it's largest shareholder was exology ltd with a 50% stake. The last turnover for Indestinate Limited was estimated at £550.4k.
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Indestinate Limited Health Check
Pomanda's financial health check has awarded Indestinate Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £550.4k, make it smaller than the average company (£2.6m)
- Indestinate Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.7%)
- Indestinate Limited
7.7% - Industry AVG
Production
with a gross margin of 43.1%, this company has a higher cost of product (72.9%)
- Indestinate Limited
72.9% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (4.4%)
- Indestinate Limited
4.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (32)
4 - Indestinate Limited
32 - Industry AVG
Pay Structure
on an average salary of £60.2k, the company has an equivalent pay structure (£60.2k)
- Indestinate Limited
£60.2k - Industry AVG
Efficiency
resulting in sales per employee of £137.6k, this is more efficient (£104.9k)
- Indestinate Limited
£104.9k - Industry AVG
Debtor Days
it gets paid by customers after 163 days, this is later than average (63 days)
- Indestinate Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 274 days, this is slower than average (44 days)
- Indestinate Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Indestinate Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Indestinate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.2%, this is a higher level of debt than the average (64.8%)
179.2% - Indestinate Limited
64.8% - Industry AVG
INDESTINATE LIMITED financials
Indestinate Limited's latest turnover from December 2020 is estimated at £550.4 thousand and the company has net assets of -£227.5 thousand. According to their latest financial statements, Indestinate Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 | 4 | 5 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 40,175 | 80,027 | 130,046 | 182,154 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 148,325 | 88,704 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 40,175 | 80,027 | 130,046 | 182,154 | 148,325 | 88,704 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 12,215 | 12,697 | 103,135 |
| Trade Debtors | 246,966 | 209,575 | 117,738 | 129,811 | 46,519 | 23,543 | 80,413 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 58,774 | 71,276 | 0 |
| Cash | 0 | 0 | 0 | 0 | 13 | 6,393 | 7 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 246,966 | 209,575 | 117,738 | 129,811 | 117,521 | 113,909 | 183,555 |
| total assets | 287,141 | 289,602 | 247,784 | 311,965 | 265,846 | 202,613 | 183,555 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 235,679 | 225,515 | 181,558 | 160,863 | 22,329 | 13,875 | 87,543 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 130,827 | 112,475 | 0 |
| total current liabilities | 235,679 | 225,515 | 181,558 | 160,863 | 153,156 | 126,350 | 87,543 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 278,965 | 264,810 | 345,475 | 393,115 | 393,115 | 310,180 | 153,245 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 278,965 | 264,810 | 345,475 | 393,115 | 393,115 | 310,180 | 153,245 |
| total liabilities | 514,644 | 490,325 | 527,033 | 553,978 | 546,271 | 436,530 | 240,788 |
| net assets | -227,503 | -200,723 | -279,249 | -242,013 | -280,425 | -233,917 | -57,233 |
| total shareholders funds | -227,503 | -200,723 | -279,249 | -242,013 | -280,425 | -233,917 | -57,233 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | ||||
| Amortisation | 26,354 | 78 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | -12,215 | -482 | -90,438 | 103,135 |
| Debtors | 37,391 | 91,837 | -12,073 | 24,518 | 10,474 | 14,406 | 80,413 |
| Creditors | 10,164 | 43,957 | 20,695 | 138,534 | 8,454 | -73,668 | 87,543 |
| Accruals and Deferred Income | 0 | 0 | 0 | -130,827 | 18,352 | 112,475 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 14,155 | -80,665 | -47,640 | 0 | 82,935 | 156,935 | 153,245 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | -13 | -6,380 | 6,386 | 7 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -13 | -6,380 | 6,386 | 7 |
indestinate limited Credit Report and Business Information
Indestinate Limited Competitor Analysis
Perform a competitor analysis for indestinate limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
indestinate limited Ownership
INDESTINATE LIMITED group structure
Indestinate Limited has no subsidiary companies.
Ultimate parent company
INDESTINATE LIMITED
08605814
indestinate limited directors
Indestinate Limited currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
December 2020turnover
550.4k
+6%
operating profit
-26.8k
0%
gross margin
43.1%
+3.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-227.5k
+0.13%
total assets
287.1k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
indestinate limited company details
company number
08605814
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2013
age
11
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2020
address
international house, 61 mosley street, manchester, M2 3HZ
accountant
-
auditor
-
indestinate 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 indestinate limited.
indestinate limited Companies House Filings - See Documents
| date | description | view/download |
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