imimobile limited
imimobile limited Company Information
Company Number
08802718
Website
www.imimobile.comRegistered Address
c/o cisco, park house, 16-18 finsbury circus, london, EC2M 7EB
Industry
Other telecommunications activities
Telephone
01494750500
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
cisco systems holdings uk limited 100%
imimobile limited Estimated Valuation
Pomanda estimates the enterprise value of IMIMOBILE LIMITED at £346.9m based on a Turnover of £181.7m and 1.91x industry multiple (adjusted for size and gross margin).
imimobile limited Estimated Valuation
Pomanda estimates the enterprise value of IMIMOBILE LIMITED at £0 based on an EBITDA of £-8.1m and a 7.85x industry multiple (adjusted for size and gross margin).
imimobile limited Estimated Valuation
Pomanda estimates the enterprise value of IMIMOBILE LIMITED at £184m based on Net Assets of £69.1m and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Imimobile Limited Overview
Imimobile Limited is a live company located in london, EC2M 7EB with a Companies House number of 08802718. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in December 2013, it's largest shareholder is cisco systems holdings uk limited with a 100% stake. Imimobile Limited is a established, mega sized company, Pomanda has estimated its turnover at £181.7m with low growth in recent years.
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Imimobile Limited Health Check
Pomanda's financial health check has awarded Imimobile Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £181.7m, make it larger than the average company (£13.1m)
£181.7m - Imimobile Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.4%)
2% - Imimobile Limited
4.4% - Industry AVG
Production
with a gross margin of 41.6%, this company has a comparable cost of product (39.5%)
41.6% - Imimobile Limited
39.5% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (4.1%)
-6.1% - Imimobile Limited
4.1% - Industry AVG
Employees
with 807 employees, this is above the industry average (55)
- Imimobile Limited
55 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Imimobile Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £225.1k, this is equally as efficient (£225.2k)
- Imimobile Limited
£225.2k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (39 days)
76 days - Imimobile Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (44 days)
31 days - Imimobile Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Imimobile Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (9 weeks)
18 weeks - Imimobile Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.4%, this is a similar level of debt than the average (64.7%)
59.4% - Imimobile Limited
64.7% - Industry AVG
IMIMOBILE LIMITED financials
Imimobile Limited's latest turnover from July 2023 is £181.7 million and the company has net assets of £69.1 million. According to their latest financial statements, we estimate that Imimobile Limited has 807 employees and maintains cash reserves of £35.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 181,663,000 | 122,809,000 | 114,084,000 | 171,187,000 | 142,731,000 | 111,366,000 | 76,116,000 | 61,630,000 | 48,876,000 | 43,404,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 106,139,000 | 70,311,000 | 62,277,000 | 92,080,000 | 80,158,000 | 60,630,000 | 32,746,000 | 25,108,000 | 18,848,000 | 15,505,000 |
| Gross Profit | 75,524,000 | 52,498,000 | 51,807,000 | 79,107,000 | 62,573,000 | 50,736,000 | 43,370,000 | 36,522,000 | 30,028,000 | 27,899,000 |
| Admin Expenses | 86,617,000 | -288,664,000 | 58,721,000 | 74,497,000 | 61,578,000 | 47,950,000 | 38,502,000 | 32,439,000 | 32,328,000 | 23,004,000 |
| Operating Profit | -11,093,000 | 341,162,000 | -6,914,000 | 4,610,000 | 995,000 | 2,786,000 | 4,868,000 | 4,083,000 | -2,300,000 | 4,895,000 |
| Interest Payable | 2,469,000 | 426,000 | 1,709,000 | 1,625,000 | 580,000 | 302,000 | 67,000 | 0 | 0 | 5,000 |
| Interest Receivable | 3,100,000 | 397,000 | 158,000 | 145,000 | 295,000 | 176,000 | 272,000 | 81,000 | 0 | 0 |
| Pre-Tax Profit | -10,462,000 | 341,133,000 | -8,465,000 | 3,130,000 | 710,000 | 2,660,000 | 5,073,000 | 4,164,000 | -2,287,000 | 5,261,000 |
| Tax | 857,000 | -63,572,000 | -3,484,000 | -1,102,000 | -2,022,000 | -1,817,000 | -996,000 | -1,923,000 | -1,076,000 | -1,342,000 |
| Profit After Tax | -9,605,000 | 277,561,000 | -11,949,000 | 2,028,000 | -1,312,000 | 843,000 | 4,077,000 | 2,241,000 | -3,363,000 | 3,919,000 |
| Dividends Paid | 0 | 0 | 175,000 | 0 | 0 | 0 | 0 | 0 | 0 | 415,000 |
| Retained Profit | -9,605,000 | 277,625,000 | -12,109,000 | 1,972,000 | -1,255,000 | 784,000 | 4,565,000 | 3,410,000 | -5,975,000 | 3,504,000 |
| Employee Costs | 0 | 11,909,000 | 49,096,000 | 35,449,000 | 26,551,000 | 24,606,000 | 22,705,000 | 18,948,000 | 21,604,000 | 11,962,000 |
| Number Of Employees | 718 | 1,217 | 1,114 | 1,055 | 952 | 854 | 726 | 680 | 652 | |
| EBITDA* | -8,073,000 | 344,992,000 | 6,902,000 | 15,587,000 | 8,080,000 | 7,611,000 | 8,081,000 | 6,775,000 | 142,000 | 7,001,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,642,000 | 3,935,000 | 4,415,000 | 7,965,000 | 5,089,000 | 5,093,000 | 6,314,000 | 5,157,000 | 5,475,000 | 6,429,000 |
| Intangible Assets | 27,600,000 | 42,012,000 | 114,902,000 | 123,426,000 | 73,244,000 | 53,685,000 | 35,247,000 | 24,125,000 | 19,612,000 | 8,336,000 |
| Investments & Other | 0 | 315,000 | 262,000 | 0 | 192,000 | 0 | 8,000 | 0 | 279,000 | 424,000 |
| Debtors (Due After 1 year) | 3,295,000 | 3,003,000 | 179,000 | 724,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,947,000 | 45,944,000 | 119,138,000 | 130,667,000 | 78,333,000 | 58,778,000 | 41,561,000 | 29,282,000 | 25,087,000 | 14,765,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,205,000 | 30,357,000 | 39,426,000 | 40,238,000 | 44,518,000 | 17,749,000 | 13,465,000 | 10,754,000 | 8,665,000 | 8,752,000 |
| Group Debtors | 62,050,000 | 65,710,000 | 0 | 1,032,000 | 0 | 31,000 | 31,000 | 31,000 | 53,000 | 1,848,000 |
| Misc Debtors | 856,000 | 0 | 0 | 4,450,000 | 0 | 22,314,000 | 17,058,000 | 13,551,000 | 11,027,000 | 10,767,000 |
| Cash | 35,155,000 | 22,152,000 | 54,494,000 | 25,089,000 | 13,247,000 | 15,743,000 | 14,662,000 | 15,039,000 | 14,617,000 | 9,305,000 |
| misc current assets | 212,000 | 2,401,000 | 4,072,000 | 0 | 6,097,000 | 0 | 28,000 | 202,000 | 0 | 0 |
| total current assets | 139,190,000 | 120,863,000 | 99,758,000 | 74,698,000 | 63,862,000 | 55,837,000 | 45,244,000 | 39,577,000 | 34,362,000 | 30,672,000 |
| total assets | 170,137,000 | 166,807,000 | 218,896,000 | 205,365,000 | 142,195,000 | 114,615,000 | 86,805,000 | 68,859,000 | 59,449,000 | 45,437,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 4,006,000 | 1,611,000 | 223,000 | 196,000 | 0 | 0 | 0 |
| Trade Creditors | 9,090,000 | 19,839,000 | 49,740,000 | 24,260,000 | 20,007,000 | 18,019,000 | 13,290,000 | 8,961,000 | 5,797,000 | 20,402,000 |
| 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 | 103,000 | 1,048,000 | 1,602,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 91,975,000 | 67,589,000 | 62,125,000 | 39,450,000 | 36,184,000 | 27,783,000 | 20,616,000 | 15,515,000 | 14,307,000 | 0 |
| total current liabilities | 101,065,000 | 87,531,000 | 112,913,000 | 69,318,000 | 57,802,000 | 46,025,000 | 34,102,000 | 24,476,000 | 20,104,000 | 20,402,000 |
| loans | 0 | 84,000 | 454,000 | 92,868,000 | 38,297,000 | 22,392,000 | 1,288,000 | 0 | 0 | 10,895,000 |
| hp & lease commitments | 0 | 42,000 | 227,000 | 1,231,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 2,464,000 | 16,846,000 | 16,840,000 | 9,808,000 | 6,464,000 | 2,530,000 | 1,668,000 | 812,000 | 490,000 |
| total long term liabilities | 0 | 1,274,000 | 8,650,000 | 57,316,000 | 24,081,000 | 14,428,000 | 1,909,000 | 834,000 | 406,000 | 11,140,000 |
| total liabilities | 101,065,000 | 88,805,000 | 121,563,000 | 126,634,000 | 81,883,000 | 60,453,000 | 36,011,000 | 25,310,000 | 20,510,000 | 31,542,000 |
| net assets | 69,072,000 | 78,002,000 | 97,333,000 | 78,727,000 | 60,312,000 | 54,055,000 | 50,794,000 | 35,175,000 | 29,429,000 | 13,895,000 |
| total shareholders funds | 69,072,000 | 78,002,000 | 97,333,000 | 78,727,000 | 60,312,000 | 54,055,000 | 50,794,000 | 35,175,000 | 29,429,000 | 13,895,000 |
| Jul 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -11,093,000 | 341,162,000 | -6,914,000 | 4,610,000 | 995,000 | 2,786,000 | 4,868,000 | 4,083,000 | -2,300,000 | 4,895,000 |
| Depreciation | 298,000 | 1,351,000 | 3,942,000 | 3,380,000 | 2,069,000 | 2,140,000 | 2,121,000 | 1,910,000 | 2,219,000 | 1,951,000 |
| Amortisation | 2,722,000 | 2,479,000 | 9,874,000 | 7,597,000 | 5,016,000 | 2,685,000 | 1,092,000 | 782,000 | 223,000 | 155,000 |
| Tax | 857,000 | -63,572,000 | -3,484,000 | -1,102,000 | -2,022,000 | -1,817,000 | -996,000 | -1,923,000 | -1,076,000 | -1,342,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,336,000 | 59,465,000 | -6,839,000 | 1,926,000 | 4,424,000 | 9,540,000 | 6,218,000 | 4,591,000 | -1,622,000 | 21,367,000 |
| Creditors | -10,749,000 | -29,901,000 | 25,480,000 | 4,253,000 | 1,988,000 | 4,729,000 | 4,329,000 | 3,164,000 | -14,605,000 | 20,402,000 |
| Accruals and Deferred Income | 24,386,000 | 5,464,000 | 22,675,000 | 3,266,000 | 8,401,000 | 7,167,000 | 5,101,000 | 1,208,000 | 14,307,000 | 0 |
| Deferred Taxes & Provisions | -2,464,000 | -14,382,000 | 6,000 | 7,032,000 | 3,344,000 | 3,934,000 | 862,000 | 856,000 | 322,000 | 490,000 |
| Cash flow from operations | -1,379,000 | 183,136,000 | 58,418,000 | 27,110,000 | 15,367,000 | 12,084,000 | 11,159,000 | 5,489,000 | 712,000 | 5,184,000 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -315,000 | 53,000 | 262,000 | -192,000 | 192,000 | -8,000 | 8,000 | -279,000 | -145,000 | 424,000 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -4,006,000 | 2,395,000 | 1,388,000 | 27,000 | 196,000 | 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 | -84,000 | -370,000 | -92,414,000 | 54,571,000 | 15,905,000 | 21,104,000 | 1,288,000 | 0 | -10,895,000 | 10,895,000 |
| Hire Purchase and Lease Commitments | -145,000 | -1,130,000 | -1,558,000 | 2,833,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 631,000 | -29,000 | -1,551,000 | -1,480,000 | -285,000 | -126,000 | 205,000 | 81,000 | 0 | -5,000 |
| cash flow from financing | 1,077,000 | -298,485,000 | -68,814,000 | 74,762,000 | 24,520,000 | 23,482,000 | 12,743,000 | 2,417,000 | 10,614,000 | 21,281,000 |
| cash and cash equivalents | ||||||||||
| cash | 13,003,000 | -32,342,000 | 29,405,000 | 11,842,000 | -2,496,000 | 1,081,000 | -377,000 | 422,000 | 5,312,000 | 9,305,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,003,000 | -32,342,000 | 29,405,000 | 11,842,000 | -2,496,000 | 1,081,000 | -377,000 | 422,000 | 5,312,000 | 9,305,000 |
imimobile limited Credit Report and Business Information
Imimobile Limited Competitor Analysis
Perform a competitor analysis for imimobile limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
imimobile limited Ownership
IMIMOBILE LIMITED group structure
Imimobile Limited has 6 subsidiary companies.
Ultimate parent company
CISCO SYSTEMS INC
#0024060
2 parents
IMIMOBILE LIMITED
08802718
6 subsidiaries
imimobile limited directors
Imimobile Limited currently has 2 directors. The longest serving directors include Mr Jayesh Patel (Dec 2013) and Mr James Goodfield (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jayesh Patel | United Kingdom | 54 years | Dec 2013 | - | Director |
| Mr James Goodfield | United Kingdom | 36 years | Feb 2024 | - | Director |
P&L
July 2023turnover
181.7m
+48%
operating profit
-11.1m
-103%
gross margin
41.6%
-2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
69.1m
-0.11%
total assets
170.1m
+0.02%
cash
35.2m
+0.59%
net assets
Total assets minus all liabilities
Similar Companies
imimobile limited company details
company number
08802718
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
December 2013
age
11
accounts
Group
ultimate parent company
previous names
imimobile plc (March 2021)
imimobile limited (June 2014)
incorporated
UK
address
c/o cisco, park house, 16-18 finsbury circus, london, EC2M 7EB
last accounts submitted
July 2023
imimobile 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 found 4 charges/mortgages relating to imimobile limited. Currently there are 4 open charges and 0 have been satisfied in the past.
imimobile limited Companies House Filings - See Documents
| date | description | view/download |
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