iq gas limited
iq gas limited Company Information
Company Number
08765897
Next Accounts
Aug 2025
Industry
Plumbing, heat and air-conditioning installation
Directors
Shareholders
hasan cil
Group Structure
View All
Contact
Registered Address
barkat house, suite 9, 116-118 finchley road, london, NW3 5HT
Website
www.iqgas-boilers.co.ukiq gas limited Estimated Valuation
Pomanda estimates the enterprise value of IQ GAS LIMITED at £48k based on a Turnover of £107k and 0.45x industry multiple (adjusted for size and gross margin).
iq gas limited Estimated Valuation
Pomanda estimates the enterprise value of IQ GAS LIMITED at £250 based on an EBITDA of £62 and a 3.99x industry multiple (adjusted for size and gross margin).
iq gas limited Estimated Valuation
Pomanda estimates the enterprise value of IQ GAS LIMITED at £0 based on Net Assets of £-39.3k and 2.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Iq Gas Limited Overview
Iq Gas Limited is a live company located in london, NW3 5HT with a Companies House number of 08765897. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 2013, it's largest shareholder is hasan cil with a 100% stake. Iq Gas Limited is a established, micro sized company, Pomanda has estimated its turnover at £107k with high growth in recent years.
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Iq Gas Limited Health Check
Pomanda's financial health check has awarded Iq Gas Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £107k, make it smaller than the average company (£337.1k)
- Iq Gas Limited
£337.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (8.5%)
- Iq Gas Limited
8.5% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (29.4%)
- Iq Gas Limited
29.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.5%)
- Iq Gas Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Iq Gas Limited
3 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Iq Gas Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £53.5k, this is less efficient (£115.5k)
- Iq Gas Limited
£115.5k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (53 days)
- Iq Gas Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (46 days)
- Iq Gas Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iq Gas Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Iq Gas Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 294.3%, this is a higher level of debt than the average (62.5%)
294.3% - Iq Gas Limited
62.5% - Industry AVG
IQ GAS LIMITED financials
Iq Gas Limited's latest turnover from November 2023 is estimated at £107 thousand and the company has net assets of -£39.3 thousand. According to their latest financial statements, Iq Gas Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 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 | 2 | 2 | 2 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 252 | 504 | 1,008 | 1,501 | 2,001 | 2,668 | 3,557 | 4,743 | 824 | 71 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 252 | 504 | 1,008 | 1,501 | 2,001 | 2,668 | 3,557 | 4,743 | 824 | 71 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,965 | 15,896 | 26,251 | 4,632 | 1,507 | 0 | 5,000 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,730 | 8,591 | 2,352 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,965 | 15,896 | 26,251 | 4,632 | 1,507 | 0 | 5,000 | 5,730 | 8,591 | 2,352 |
| total assets | 20,217 | 16,400 | 27,259 | 6,133 | 3,508 | 2,668 | 8,557 | 10,473 | 9,415 | 2,423 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,632 | 22,275 | 19,707 | 25,883 | 14,864 | 10,375 | 19,388 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 1,913 | 4,813 | 0 | 0 | 0 | 0 |
| total current liabilities | 26,632 | 22,275 | 19,707 | 25,883 | 16,777 | 15,188 | 19,388 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,200 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 32,858 | 32,245 | 27,285 | 0 | 0 | 0 | 0 | 262 | 969 | 1,052 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,858 | 33,445 | 28,485 | 0 | 0 | 0 | 0 | 262 | 969 | 1,052 |
| total liabilities | 59,490 | 55,720 | 48,192 | 25,883 | 16,777 | 15,188 | 19,388 | 262 | 969 | 1,052 |
| net assets | -39,273 | -39,320 | -20,933 | -19,750 | -13,269 | -12,520 | -10,831 | 10,211 | 8,446 | 1,371 |
| total shareholders funds | -39,273 | -39,320 | -20,933 | -19,750 | -13,269 | -12,520 | -10,831 | 10,211 | 8,446 | 1,371 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 1,581 | 275 | 24 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,069 | -10,355 | 21,619 | 3,125 | 1,507 | -5,000 | 5,000 | 0 | 0 | 0 |
| Creditors | 4,357 | 2,568 | -6,176 | 11,019 | 4,489 | -9,013 | 19,388 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,200 | 0 | 1,200 | -1,913 | -2,900 | 4,813 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 613 | 4,960 | 27,285 | 0 | 0 | 0 | -262 | -707 | -83 | 1,052 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,730 | -2,861 | 6,239 | 2,352 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,730 | -2,861 | 6,239 | 2,352 |
iq gas limited Credit Report and Business Information
Iq Gas Limited Competitor Analysis
Perform a competitor analysis for iq gas limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.
iq gas limited Ownership
IQ GAS LIMITED group structure
Iq Gas Limited has no subsidiary companies.
Ultimate parent company
IQ GAS LIMITED
08765897
iq gas limited directors
Iq Gas Limited currently has 1 director, Mr Hasan Cil serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hasan Cil | England | 29 years | Mar 2023 | - | Director |
P&L
November 2023turnover
107k
+24%
operating profit
62.7
0%
gross margin
18.6%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-39.3k
0%
total assets
20.2k
+0.23%
cash
0
0%
net assets
Total assets minus all liabilities
iq gas limited company details
company number
08765897
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
November 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
barkat house, suite 9, 116-118 finchley road, london, NW3 5HT
Bank
-
Legal Advisor
-
iq gas 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 iq gas limited.
iq gas 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.
Click to start generating capital raising & share issue transactions for IQ GAS LIMITED. This can take several minutes, an email will notify you when this has completed.
iq gas limited Companies House Filings - See Documents
| date | description | view/download |
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