ikkaido ltd

1.5

ikkaido ltd Company Information

Share IKKAIDO LTD
Live (In Liquidation)
EstablishedMicroHealthy

Company Number

08654724

Registered Address

trinity house, 28-30 blucher street, birmingham, B1 1QH

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

 

Telephone

01865421843

Next Accounts Due

November 2024

Group Structure

View All

Directors

Lucinda Harris7 Years

Melanie Timberlake5 Years

Shareholders

-0%

ikkaido ltd Estimated Valuation

£262.2k

Pomanda estimates the enterprise value of IKKAIDO LTD at £262.2k based on a Turnover of £456.3k and 0.57x industry multiple (adjusted for size and gross margin).

ikkaido ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of IKKAIDO LTD at £0 based on an EBITDA of £-253.5k and a 2.16x industry multiple (adjusted for size and gross margin).

ikkaido ltd Estimated Valuation

£86.7k

Pomanda estimates the enterprise value of IKKAIDO LTD at £86.7k based on Net Assets of £47.2k and 1.84x industry multiple (adjusted for liquidity).

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Ikkaido Ltd Overview

Ikkaido Ltd is a live company located in birmingham, B1 1QH with a Companies House number of 08654724. It operates in the other sports activities sector, SIC Code 93199. Founded in August 2013, it's largest shareholder is unknown. Ikkaido Ltd is a established, micro sized company, Pomanda has estimated its turnover at £456.3k with healthy growth in recent years.

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Ikkaido Ltd Health Check

Pomanda's financial health check has awarded Ikkaido Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £456.3k, make it in line with the average company (£519.6k)

£456.3k - Ikkaido Ltd

£519.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.9%)

4% - Ikkaido Ltd

2.9% - Industry AVG

production

Production

with a gross margin of 23.7%, this company has a higher cost of product (49.2%)

23.7% - Ikkaido Ltd

49.2% - Industry AVG

profitability

Profitability

an operating margin of -55.6% make it less profitable than the average company (5.3%)

-55.6% - Ikkaido Ltd

5.3% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (13)

9 - Ikkaido Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £25k, the company has an equivalent pay structure (£25k)

£25k - Ikkaido Ltd

£25k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.7k, this is equally as efficient (£56.8k)

£50.7k - Ikkaido Ltd

£56.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (14 days)

60 days - Ikkaido Ltd

14 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ikkaido Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ikkaido Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ikkaido Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.8%, this is a higher level of debt than the average (41.1%)

46.8% - Ikkaido Ltd

41.1% - Industry AVG

IKKAIDO LTD financials

EXPORTms excel logo

Ikkaido Ltd's latest turnover from August 2022 is estimated at £456.3 thousand and the company has net assets of £47.2 thousand. According to their latest financial statements, Ikkaido Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover456,2791,360,418606,071401,922258,171355,536258,96258,06740,34612,279
Other Income Or Grants0000000000
Cost Of Sales348,0541,109,269489,118316,475197,095262,069194,33742,89930,1809,433
Gross Profit108,224251,149116,95385,44861,07693,46764,62615,16810,1662,846
Admin Expenses361,768-17,73970,53489,65554,58169,58742,00616,462-4453,241
Operating Profit-253,544268,88846,419-4,2076,49523,88022,620-1,29410,611-395
Interest Payable0000000000
Interest Receivable00000033000
Pre-Tax Profit-253,544268,88846,419-4,2076,49523,88022,653-1,1908,417-390
Tax0-51,089-8,8200-1,234-4,537-4,530000
Profit After Tax-253,544217,79937,599-4,2075,26119,34318,122-1,1908,417-390
Dividends Paid0000000000
Retained Profit-253,544217,79937,599-4,2075,26119,34318,122-1,1908,417-390
Employee Costs225,406208,798109,23087,889105,65964,98044,47925,08024,78824,985
Number Of Employees9954532111
EBITDA*-253,544268,88846,419-4,2076,49523,88022,620-1,29410,611-395

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets12,99512,1965,4253,9092,40900000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets12,99512,1965,4253,9092,40900000
Stock & work in progress0000000000
Trade Debtors75,807373,038143,505109,70665,65444,30242,0551,75400
Group Debtors0000000000
Misc Debtors0000000000
Cash000000026,02015,4232,092
misc current assets0000000000
total current assets75,807373,038143,505109,70665,65444,30242,05527,77415,4232,092
total assets88,802385,234148,930113,61568,06344,30242,05527,77415,4232,092
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 036,18115,97568,25918,500017,096000
Group/Directors Accounts00000001,8685,7560
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities000000019,0691,6402,482
total current liabilities036,18115,97568,25918,500017,09620,9377,3962,482
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities41,59248,29950,0000000000
provisions0000000000
total long term liabilities41,59248,29950,0000000000
total liabilities41,59284,48065,97568,25918,500017,09620,9377,3962,482
net assets47,210300,75482,95545,35649,56344,30224,9596,8378,027-390
total shareholders funds47,210300,75482,95545,35649,56344,30224,9596,8378,027-390
Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit-253,544268,88846,419-4,2076,49523,88022,620-1,29410,611-395
Depreciation0000000000
Amortisation0000000000
Tax0-51,089-8,8200-1,234-4,537-4,530000
Stock0000000000
Debtors-297,231229,53333,79944,05221,3522,24740,3011,75400
Creditors-36,18120,206-52,28449,75918,500-17,09617,096000
Accruals and Deferred Income000000-19,06917,429-8422,482
Deferred Taxes & Provisions0000000000
Cash flow from operations7,5068,472-48,4841,5002,4090-24,18414,3819,7692,087
Investing Activities
capital expenditure-799-6,771-1,516-1,500-2,40900000
Change in Investments0000000000
cash flow from investments-799-6,771-1,516-1,500-2,40900000
Financing Activities
Bank loans0000000000
Group/Directors Accounts000000-1,868-3,8885,7560
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-6,707-1,70150,0000000000
share issue0000000000
interest00000033000
cash flow from financing-6,707-1,70150,000000-1,835-3,8885,7560
cash and cash equivalents
cash000000-26,02010,59713,3312,092
overdraft0000000000
change in cash000000-26,02010,59713,3312,092

ikkaido 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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Ikkaido Ltd Competitor Analysis

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Perform a competitor analysis for ikkaido ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in B 1 area or any other competitors across 12 key performance metrics.

ikkaido ltd Ownership

IKKAIDO LTD group structure

Ikkaido Ltd has no subsidiary companies.

Ultimate parent company

IKKAIDO LTD

08654724

IKKAIDO LTD Shareholders

--

ikkaido ltd directors

Ikkaido Ltd currently has 2 directors. The longest serving directors include Ms Lucinda Harris (Feb 2017) and Ms Melanie Timberlake (Nov 2018).

officercountryagestartendrole
Ms Lucinda HarrisUnited Kingdom47 years Feb 2017- Director
Ms Melanie TimberlakeEngland42 years Nov 2018- Director

P&L

August 2022

turnover

456.3k

-66%

operating profit

-253.5k

0%

gross margin

23.8%

+28.48%

turnover

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

Balance Sheet

August 2022

net assets

47.2k

-0.84%

total assets

88.8k

-0.77%

cash

0

0%

net assets

Total assets minus all liabilities

ikkaido ltd company details

company number

08654724

Type

Private Ltd By Guarantee w/o Share Cap

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

August 2013

age

11

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

the disability karate federation ltd (March 2017)

ikando foundation ltd (April 2015)

last accounts submitted

August 2022

address

trinity house, 28-30 blucher street, birmingham, B1 1QH

accountant

-

auditor

-

ikkaido 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 ikkaido ltd.

charges

ikkaido ltd Companies House Filings - See Documents

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