inet ventures ltd
inet ventures ltd Company Information
Company Number
08628128
Next Accounts
Dec 2025
Industry
Business and domestic software development
Directors
Shareholders
jay allsopp
Group Structure
View All
Contact
Registered Address
4 station court, girton road, cannock, staffordshire, WS11 0EJ
Website
www.inetventures.co.ukinet ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of INET VENTURES LTD at £34.2k based on a Turnover of £50.6k and 0.68x industry multiple (adjusted for size and gross margin).
inet ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of INET VENTURES LTD at £5.5k based on an EBITDA of £1.3k and a 4.17x industry multiple (adjusted for size and gross margin).
inet ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of INET VENTURES LTD at £1.4k based on Net Assets of £595 and 2.35x industry multiple (adjusted for liquidity).
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Inet Ventures Ltd Overview
Inet Ventures Ltd is a live company located in cannock, WS11 0EJ with a Companies House number of 08628128. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2013, it's largest shareholder is jay allsopp with a 100% stake. Inet Ventures Ltd is a established, micro sized company, Pomanda has estimated its turnover at £50.6k with healthy growth in recent years.
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Inet Ventures Ltd Health Check
Pomanda's financial health check has awarded Inet Ventures 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £50.6k, make it smaller than the average company (£3.5m)
- Inet Ventures Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.3%)
- Inet Ventures Ltd
10.3% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.7%)
- Inet Ventures Ltd
73.7% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (4%)
- Inet Ventures Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Inet Ventures Ltd
31 - Industry AVG
Pay Structure
on an average salary of £68.6k, the company has an equivalent pay structure (£68.6k)
- Inet Ventures Ltd
£68.6k - Industry AVG
Efficiency
resulting in sales per employee of £50.6k, this is less efficient (£118.1k)
- Inet Ventures Ltd
£118.1k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (58 days)
- Inet Ventures Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (39 days)
- Inet Ventures Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Inet Ventures Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Inet Ventures Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (59.7%)
95.1% - Inet Ventures Ltd
59.7% - Industry AVG
INET VENTURES LTD financials
Inet Ventures Ltd's latest turnover from March 2024 is estimated at £50.6 thousand and the company has net assets of £595. According to their latest financial statements, Inet Ventures Ltd has 1 employee and maintains cash reserves of 0 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 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,263 | 28,734 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | |||||||||
| Pre-Tax Profit | 8,321 | 6,513 | |||||||||
| Tax | -774 | 0 | |||||||||
| Profit After Tax | 7,547 | 6,513 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | 7,547 | 6,513 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 617 | 926 | 0 | 675 | 1,725 | 2,775 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 617 | 926 | 0 | 675 | 1,725 | 2,775 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,392 | 10,778 | 10,802 | 7,200 | 284 | 0 | 20,701 | 3,081 | 0 | 2,086 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 893 | 893 | 185 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,392 | 10,778 | 10,802 | 7,200 | 284 | 0 | 20,701 | 3,081 | 893 | 2,979 | 185 |
| total assets | 12,009 | 11,704 | 10,802 | 7,875 | 2,009 | 2,775 | 20,701 | 3,081 | 893 | 2,979 | 185 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,120 | 10,559 | 8,497 | 5,888 | 877 | 6,438 | 22,919 | 1,970 | 5,205 | 13,805 | 4,444 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| total current liabilities | 10,120 | 10,559 | 8,497 | 5,888 | 877 | 6,438 | 22,919 | 1,970 | 5,206 | 13,805 | 4,444 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,294 | 1,532 | 1,652 | 1,863 | 2,114 | 2,064 | 1,265 | 5,376 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,294 | 1,532 | 1,652 | 1,863 | 2,114 | 2,064 | 1,265 | 5,376 | 0 | 0 | 0 |
| total liabilities | 11,414 | 12,091 | 10,149 | 7,751 | 2,991 | 8,502 | 24,184 | 7,346 | 5,206 | 13,805 | 4,444 |
| net assets | 595 | -387 | 653 | 124 | -982 | -5,727 | -3,483 | -4,265 | -4,313 | -10,826 | -4,259 |
| total shareholders funds | 595 | -387 | 653 | 124 | -982 | -5,727 | -3,483 | -4,265 | -4,313 | -10,826 | -4,259 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | -774 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 614 | -24 | 3,602 | 6,916 | 284 | -20,701 | 17,620 | 3,081 | -2,086 | 2,086 | 0 |
| Creditors | -439 | 2,062 | 2,609 | 5,011 | -5,561 | -16,481 | 20,949 | -3,235 | -8,600 | 9,361 | 4,444 |
| Accruals and Deferred Income | -238 | -120 | -211 | -251 | 50 | 799 | -4,111 | 5,375 | 1 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | |||||||||
| cash flow from financing | -7,499 | 0 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -893 | 0 | 708 | 185 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -893 | 0 | 708 | 185 |
inet ventures ltd Credit Report and Business Information
Inet Ventures Ltd Competitor Analysis
Perform a competitor analysis for inet ventures ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WS11 area or any other competitors across 12 key performance metrics.
inet ventures ltd Ownership
INET VENTURES LTD group structure
Inet Ventures Ltd has no subsidiary companies.
Ultimate parent company
INET VENTURES LTD
08628128
inet ventures ltd directors
Inet Ventures Ltd currently has 1 director, Mr James Allsopp serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Allsopp | United Kingdom | 36 years | Jul 2013 | - | Director |
P&L
March 2024turnover
50.6k
+11%
operating profit
1.3k
0%
gross margin
42.4%
+1.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
595
-2.54%
total assets
12k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
inet ventures ltd company details
company number
08628128
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
CHASE ACCOUNTANCY LTD
auditor
-
address
4 station court, girton road, cannock, staffordshire, WS11 0EJ
Bank
-
Legal Advisor
-
inet ventures 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 inet ventures ltd.
inet ventures 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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inet ventures ltd Companies House Filings - See Documents
| date | description | view/download |
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