iterit ltd

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iterit ltd Company Information

Share ITERIT LTD

Company Number

08611519

Shareholders

kirill yershov

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

32 byron hill road, harrow on the hill, middlesex, HA2 0HY

Website

-

iterit ltd Estimated Valuation

£8.4k

Pomanda estimates the enterprise value of ITERIT LTD at £8.4k based on a Turnover of £23.7k and 0.36x industry multiple (adjusted for size and gross margin).

iterit ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ITERIT LTD at £0 based on an EBITDA of £-221 and a 2.54x industry multiple (adjusted for size and gross margin).

iterit ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ITERIT LTD at £0 based on Net Assets of £-1.3k and 2.37x industry multiple (adjusted for liquidity).

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Iterit Ltd Overview

Iterit Ltd is a live company located in middlesex, HA2 0HY with a Companies House number of 08611519. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2013, it's largest shareholder is kirill yershov with a 100% stake. Iterit Ltd is a established, micro sized company, Pomanda has estimated its turnover at £23.7k with healthy growth in recent years.

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Iterit Ltd Health Check

Pomanda's financial health check has awarded Iterit Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £23.7k, make it smaller than the average company (£4.3m)

£23.7k - Iterit Ltd

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.3%)

9% - Iterit Ltd

9.3% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (37.3%)

16.7% - Iterit Ltd

37.3% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (5.4%)

-0.9% - Iterit Ltd

5.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

1 - Iterit Ltd

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - Iterit Ltd

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.7k, this is less efficient (£156.7k)

£23.7k - Iterit Ltd

£156.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (38 days)

0 days - Iterit Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (31 days)

25 days - Iterit Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Iterit Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Iterit Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3422.5%, this is a higher level of debt than the average (60.1%)

3422.5% - Iterit Ltd

60.1% - Industry AVG

ITERIT LTD financials

EXPORTms excel logo

Iterit Ltd's latest turnover from July 2024 is estimated at £23.7 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, Iterit Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014
Turnover23,72222,5441,51118,53319,86520,53666,560112,951114,867129,35682,162
Other Income Or Grants
Cost Of Sales19,75318,6301,26115,68216,49917,07555,28493,38094,538107,46968,710
Gross Profit3,9693,9142502,8513,3663,46111,27619,57120,32921,88713,453
Admin Expenses4,1904,1595643,1623,6825,27512,31817,59927,67622,7271,554
Operating Profit-221-245-314-311-316-1,814-1,0421,972-7,347-84011,899
Interest Payable
Interest Receivable6969
Pre-Tax Profit-221-245-314-311-316-1,814-1,0421,972-7,347-77111,968
Tax-375-2,513
Profit After Tax-221-245-314-311-316-1,814-1,0421,597-7,347-7719,455
Dividends Paid
Retained Profit-221-245-314-311-316-1,814-1,0421,597-7,347-7719,455
Employee Costs50,80048,19145,63842,73941,71441,76139,30876,00838,04537,59037,618
Number Of Employees11111112111
EBITDA*-221-245-314-311-316-1,814-1,0421,972-7,347-84012,078

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014
Tangible Assets375583125188283424635952239359
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets375583125188283424635952239359
Stock & work in progress
Trade Debtors32614316439518,86629,49529,05134,45413,810
Group Debtors
Misc Debtors
Cash27,720
misc current assets
total current assets32614316439518,86629,49529,05134,45441,530
total assets408122614119267819,29030,13030,00334,69341,889
Bank overdraft
Bank loan
Trade Creditors 1,3691,03896957031012017,39827,19628,66625,96032,352
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,3691,03896957031012017,39827,19628,66625,96032,352
loans
hp & lease commitments
Accruals and Deferred Income1511201201204801
other liabilities
provisions4872
total long term liabilities1511201201204804972
total liabilities1,3691,1891,08969043060017,39827,19628,66626,00932,424
net assets-1,329-1,108-863-549-238781,8922,9341,3378,6849,465
total shareholders funds-1,329-1,108-863-549-238781,8922,9341,3378,6849,465
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014
Operating Activities
Operating Profit-221-245-314-311-316-1,814-1,0421,972-7,347-84011,899
Depreciation179
Amortisation
Tax-375-2,513
Stock
Debtors-23-11712712-391-18,471-10,629444-5,40320,64413,810
Creditors33169399260190-17,278-9,798-1,4702,706-6,39232,352
Accruals and Deferred Income-15131-360480-11
Deferred Taxes & Provisions-48-2472
Cash flow from operations-18-28-42-63-95-141-211-317713-27,89928,179
Investing Activities
capital expenditure1828426395141211317-713120-538
Change in Investments
cash flow from investments1828426395141211317-713120-538
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-1010
interest6969
cash flow from financing5979
cash and cash equivalents
cash-27,72027,720
overdraft
change in cash-27,72027,720

iterit ltd 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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Iterit Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for iterit ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in HA2 area or any other competitors across 12 key performance metrics.

iterit ltd Ownership

ITERIT LTD group structure

Iterit Ltd has no subsidiary companies.

Ultimate parent company

ITERIT LTD

08611519

ITERIT LTD Shareholders

kirill yershov 100%

iterit ltd directors

Iterit Ltd currently has 1 director, Mr Kirill Yershov serving since Jul 2013.

officercountryagestartendrole
Mr Kirill YershovEngland41 years Jul 2013- Director

P&L

July 2024

turnover

23.7k

+5%

operating profit

-221

0%

gross margin

16.8%

-3.61%

turnover

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

Balance Sheet

July 2024

net assets

-1.3k

+0.2%

total assets

40

-0.51%

cash

0

0%

net assets

Total assets minus all liabilities

iterit ltd company details

company number

08611519

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

-

auditor

-

address

32 byron hill road, harrow on the hill, middlesex, HA2 0HY

Bank

-

Legal Advisor

-

iterit ltd 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 iterit ltd.

iterit 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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iterit ltd Companies House Filings - See Documents

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