intelect midlands limited
intelect midlands limited Company Information
Company Number
08623113
Next Accounts
Dec 2025
Shareholders
christopher david smith
francis patrick cormican
View AllGroup Structure
View All
Industry
Electrical installation
Registered Address
stephenson house intelect court, riverside park, middlesbrough, TS2 1QT
Website
www.intelectuk.comintelect midlands limited Estimated Valuation
Pomanda estimates the enterprise value of INTELECT MIDLANDS LIMITED at £1.4m based on a Turnover of £3.4m and 0.42x industry multiple (adjusted for size and gross margin).
intelect midlands limited Estimated Valuation
Pomanda estimates the enterprise value of INTELECT MIDLANDS LIMITED at £1.8m based on an EBITDA of £405k and a 4.46x industry multiple (adjusted for size and gross margin).
intelect midlands limited Estimated Valuation
Pomanda estimates the enterprise value of INTELECT MIDLANDS LIMITED at £788k based on Net Assets of £321.9k and 2.45x industry multiple (adjusted for liquidity).
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Intelect Midlands Limited Overview
Intelect Midlands Limited is a live company located in middlesbrough, TS2 1QT with a Companies House number of 08623113. It operates in the electrical installation sector, SIC Code 43210. Founded in July 2013, it's largest shareholder is christopher david smith with a 41.6% stake. Intelect Midlands Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with healthy growth in recent years.
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Intelect Midlands Limited Health Check
Pomanda's financial health check has awarded Intelect Midlands Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.4m, make it larger than the average company (£2.4m)
- Intelect Midlands Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11.7%)
- Intelect Midlands Limited
11.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (25.7%)
- Intelect Midlands Limited
25.7% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (6.7%)
- Intelect Midlands Limited
6.7% - Industry AVG
Employees
with 12 employees, this is below the industry average (20)
12 - Intelect Midlands Limited
20 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Intelect Midlands Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £280.7k, this is more efficient (£151.1k)
- Intelect Midlands Limited
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (56 days)
- Intelect Midlands Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (41 days)
- Intelect Midlands Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (10 days)
- Intelect Midlands Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Intelect Midlands Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.6%, this is a higher level of debt than the average (60.6%)
71.6% - Intelect Midlands Limited
60.6% - Industry AVG
INTELECT MIDLANDS LIMITED financials
Intelect Midlands Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £321.9 thousand. According to their latest financial statements, Intelect Midlands Limited has 12 employees and maintains cash reserves of £13.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 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 | 12 | 18 | 21 | 21 | 22 | 19 | 12 | 10 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 87,369 | 132,344 | 153,476 | 111,038 | 156,352 | 177,503 | 66,159 | 41,559 | 50,260 | 48,146 | 35,759 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 87,369 | 132,344 | 153,476 | 111,038 | 156,352 | 177,503 | 66,159 | 41,559 | 50,260 | 48,146 | 35,759 |
| Stock & work in progress | 82,262 | 44,955 | 62,177 | 60,000 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
| Trade Debtors | 935,546 | 1,301,624 | 1,242,614 | 495,273 | 857,156 | 1,028,276 | 927,185 | 638,297 | 437,824 | 246,601 | 135,020 |
| Group Debtors | |||||||||||
| Misc Debtors | 15,422 | 3,704 | 93,746 | 153,685 | 107,372 | 51,839 | 4,289 | 4,996 | 1,650 | ||
| Cash | 13,455 | 157,221 | 72,497 | 416,974 | 185,614 | 414,178 | 77,517 | 158,331 | 33,637 | 63,485 | 126,579 |
| misc current assets | |||||||||||
| total current assets | 1,046,685 | 1,507,504 | 1,471,034 | 1,125,932 | 1,152,642 | 1,496,793 | 1,011,491 | 804,124 | 475,611 | 312,586 | 261,599 |
| total assets | 1,134,054 | 1,639,848 | 1,624,510 | 1,236,970 | 1,308,994 | 1,674,296 | 1,077,650 | 845,683 | 525,871 | 360,732 | 297,358 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 185,606 | 556,792 | 332,612 | 249,287 | 159,140 | 348,151 | 317,563 | 344,316 | 138,896 | 227,005 | 213,887 |
| Group/Directors Accounts | 6,324 | 12,322 | 4,836 | 5,666 | 28,502 | ||||||
| other short term finances | 350,000 | 500,000 | 320,000 | 80,000 | 120,000 | 20,000 | |||||
| hp & lease commitments | 13,333 | 13,333 | 3,056 | 7,005 | 16,968 | 20,569 | 13,980 | 7,964 | 7,674 | ||
| other current liabilities | 237,012 | 460,050 | 415,023 | 351,950 | 291,087 | 369,230 | 293,123 | 181,412 | 93,345 | ||
| total current liabilities | 792,275 | 1,542,497 | 1,075,527 | 613,908 | 467,195 | 737,950 | 704,666 | 682,194 | 259,915 | 227,005 | 213,887 |
| loans | 178,000 | ||||||||||
| hp & lease commitments | 895 | 14,228 | 4,373 | 11,385 | 17,356 | 7,233 | 4,354 | 9,537 | |||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 207,446 | 247,880 | |||||||||
| provisions | 19,000 | 2,000 | 16,000 | 29,700 | 34,500 | 12,531 | 8,259 | 10,052 | |||
| total long term liabilities | 19,895 | 14,228 | 2,000 | 20,373 | 41,085 | 51,856 | 19,764 | 12,613 | 197,589 | 207,446 | 247,880 |
| total liabilities | 812,170 | 1,556,725 | 1,077,527 | 634,281 | 508,280 | 789,806 | 724,430 | 694,807 | 457,504 | 434,451 | 461,767 |
| net assets | 321,884 | 83,123 | 546,983 | 602,689 | 800,714 | 884,490 | 353,220 | 150,876 | 68,367 | -73,719 | -164,409 |
| total shareholders funds | 321,884 | 83,123 | 546,983 | 602,689 | 800,714 | 884,490 | 353,220 | 150,876 | 68,367 | -73,719 | -164,409 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 43,342 | 55,369 | 55,616 | 62,853 | 51,581 | 44,759 | 23,919 | 8,260 | 13,924 | 10,289 | 7,809 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | 37,307 | -17,222 | 2,177 | 57,500 | 2,500 | ||||||
| Debtors | -354,360 | -31,032 | 687,402 | -315,570 | -115,587 | 148,641 | 288,181 | 203,819 | 192,873 | 111,581 | 135,020 |
| Creditors | -371,186 | 224,180 | 83,325 | 90,147 | -189,011 | 30,588 | -26,753 | 205,420 | -88,109 | 13,118 | 213,887 |
| Accruals and Deferred Income | -223,038 | 45,027 | 63,073 | 60,863 | -78,143 | 76,107 | 111,711 | 88,067 | 93,345 | ||
| Deferred Taxes & Provisions | 19,000 | -2,000 | -14,000 | -13,700 | -4,800 | 21,969 | 4,272 | -1,793 | 10,052 | ||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -5,998 | 7,486 | -830 | 5,666 | -28,502 | 28,502 | |||||
| Other Short Term Loans | -150,000 | 180,000 | 320,000 | -80,000 | -40,000 | 100,000 | 20,000 | ||||
| Long term loans | -178,000 | 178,000 | |||||||||
| Hire Purchase and Lease Commitments | -13,333 | 24,505 | -8,322 | -16,975 | -9,572 | 16,712 | 8,895 | -4,893 | 17,211 | ||
| other long term liabilities | -207,446 | -40,434 | 247,880 | ||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -143,766 | 84,724 | -344,477 | 231,360 | -228,564 | 336,661 | -80,814 | 124,694 | -29,848 | -63,094 | 126,579 |
| overdraft | |||||||||||
| change in cash | -143,766 | 84,724 | -344,477 | 231,360 | -228,564 | 336,661 | -80,814 | 124,694 | -29,848 | -63,094 | 126,579 |
intelect midlands limited Credit Report and Business Information
Intelect Midlands Limited Competitor Analysis
Perform a competitor analysis for intelect midlands limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TS2 area or any other competitors across 12 key performance metrics.
intelect midlands limited Ownership
INTELECT MIDLANDS LIMITED group structure
Intelect Midlands Limited has no subsidiary companies.
Ultimate parent company
INTELECT MIDLANDS LIMITED
08623113
intelect midlands limited directors
Intelect Midlands Limited currently has 3 directors. The longest serving directors include Mr Francis Cormican (Jul 2013) and Mr Andrew Shaw (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Francis Cormican | United Kingdom | 55 years | Jul 2013 | - | Director |
| Mr Andrew Shaw | United Kingdom | 53 years | Mar 2014 | - | Director |
| Mr Christopher Smith | United Kingdom | 57 years | May 2014 | - | Director |
P&L
March 2024turnover
3.4m
-30%
operating profit
361.7k
0%
gross margin
25.8%
-1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
321.9k
+2.87%
total assets
1.1m
-0.31%
cash
13.5k
-0.91%
net assets
Total assets minus all liabilities
intelect midlands limited company details
company number
08623113
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ANDERSON BARROWCLIFF LLP
auditor
-
address
stephenson house intelect court, riverside park, middlesbrough, TS2 1QT
Bank
-
Legal Advisor
-
intelect midlands 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 intelect midlands limited.
intelect midlands 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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intelect midlands limited Companies House Filings - See Documents
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