inavate ltd
inavate ltd Company Information
Group Structure
View All
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
+3Registered Address
315 halliwell road, bolton, BL1 3PF
inavate ltd Estimated Valuation
Pomanda estimates the enterprise value of INAVATE LTD at £595.3k based on a Turnover of £1.8m and 0.34x industry multiple (adjusted for size and gross margin).
inavate ltd Estimated Valuation
Pomanda estimates the enterprise value of INAVATE LTD at £682.9k based on an EBITDA of £188.2k and a 3.63x industry multiple (adjusted for size and gross margin).
inavate ltd Estimated Valuation
Pomanda estimates the enterprise value of INAVATE LTD at £349.7k based on Net Assets of £146.1k and 2.39x industry multiple (adjusted for liquidity).
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Inavate Ltd Overview
Inavate Ltd is a live company located in bolton, BL1 3PF with a Companies House number of 08905520. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in February 2014, it's largest shareholder is hafeez ahmad with a 100% stake. Inavate Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.
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Inavate Ltd Health Check
Pomanda's financial health check has awarded Inavate Ltd 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 £1.8m, make it smaller than the average company (£19.3m)
- Inavate Ltd
£19.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Inavate Ltd
- - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- Inavate Ltd
30.5% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (4.3%)
- Inavate Ltd
4.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (52)
9 - Inavate Ltd
52 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Inavate Ltd
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £196k, this is less efficient (£324.1k)
- Inavate Ltd
£324.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Inavate Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (34 days)
- Inavate Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 76 days, this is in line with average (76 days)
- Inavate Ltd
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (15 weeks)
22 weeks - Inavate Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.8%, this is a higher level of debt than the average (52%)
74.8% - Inavate Ltd
52% - Industry AVG
INAVATE LTD financials
Inavate Ltd's latest turnover from February 2024 is estimated at £1.8 million and the company has net assets of £146.1 thousand. According to their latest financial statements, Inavate Ltd has 9 employees and maintains cash reserves of £136.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 2 | 2 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,679 | 25,280 | 646 | 787 | 1,181 | 1,575 | 2,100 | |||
| Intangible Assets | 86,400 | 97,200 | ||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 117,079 | 122,480 | 646 | 787 | 1,181 | 1,575 | 2,100 | |||
| Stock & work in progress | 258,586 | 5,971 | 8,682 | |||||||
| Trade Debtors | 9,568 | 3,120 | 2,794 | 130 | 100 | |||||
| Group Debtors | ||||||||||
| Misc Debtors | 66,909 | 150 | 5,700 | |||||||
| Cash | 136,883 | 40,709 | 5,480 | 9,580 | 100 | 100 | ||||
| misc current assets | ||||||||||
| total current assets | 462,378 | 56,398 | 14,162 | 15,280 | 3,120 | 2,794 | 130 | 100 | 100 | 100 |
| total assets | 579,457 | 178,878 | 14,808 | 16,067 | 4,301 | 4,369 | 2,230 | 100 | 100 | 100 |
| Bank overdraft | 7,296 | 1,331 | 1,111 | |||||||
| Bank loan | ||||||||||
| Trade Creditors | 262,401 | 43 | 1,836 | 2,742 | 1,301 | |||||
| Group/Directors Accounts | 1,530 | |||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 45,331 | 44,007 | 517 | 1,621 | ||||||
| total current liabilities | 315,028 | 45,381 | 1,628 | 3,151 | 1,836 | 2,742 | 1,301 | |||
| loans | 6,725 | 8,056 | 10,000 | |||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 645 | |||||||||
| other liabilities | 118,371 | 108,000 | ||||||||
| provisions | ||||||||||
| total long term liabilities | 118,371 | 114,725 | 8,056 | 10,000 | 645 | |||||
| total liabilities | 433,399 | 160,106 | 9,684 | 13,151 | 2,481 | 2,742 | 1,301 | |||
| net assets | 146,058 | 18,772 | 5,124 | 2,916 | 1,820 | 1,627 | 929 | 100 | 100 | 100 |
| total shareholders funds | 146,058 | 18,772 | 5,124 | 2,916 | 1,820 | 1,627 | 929 | 100 | 100 | 100 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 11,498 | 8,366 | 141 | |||||||
| Amortisation | 10,800 | 10,800 | ||||||||
| Tax | ||||||||||
| Stock | 252,615 | -2,711 | 8,682 | |||||||
| Debtors | 57,191 | 9,718 | -5,700 | 2,580 | 326 | 2,664 | 30 | 100 | ||
| Creditors | 262,358 | 43 | -1,836 | -906 | 1,441 | 1,301 | ||||
| Accruals and Deferred Income | 1,324 | 43,490 | -1,104 | 976 | 645 | |||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -1,530 | 1,530 | ||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -6,725 | -1,331 | -1,944 | 10,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | 10,371 | 108,000 | ||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 96,174 | 35,229 | -4,100 | 9,580 | -100 | 100 | ||||
| overdraft | 5,965 | 220 | 1,111 | |||||||
| change in cash | 90,209 | 35,009 | -5,211 | 9,580 | -100 | 100 |
inavate ltd Credit Report and Business Information
Inavate Ltd Competitor Analysis
Perform a competitor analysis for inavate ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BL1 area or any other competitors across 12 key performance metrics.
inavate ltd Ownership
INAVATE LTD group structure
Inavate Ltd has no subsidiary companies.
Ultimate parent company
INAVATE LTD
08905520
inavate ltd directors
Inavate Ltd currently has 1 director, Mr Hafeez Ahmad serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hafeez Ahmad | England | 54 years | Feb 2014 | - | Director |
P&L
February 2024turnover
1.8m
+1207%
operating profit
165.9k
0%
gross margin
30.5%
+2.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
146.1k
+6.78%
total assets
579.5k
+2.24%
cash
136.9k
+2.36%
net assets
Total assets minus all liabilities
inavate ltd company details
company number
08905520
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
46390 - Non-specialised wholesale of food, beverages and tobacco
46900 - Non-specialised wholesale trade
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
cheap laptops direct ltd (January 2018)
accountant
SWIFT & CO ACCOUNTANTS LTD
auditor
-
address
315 halliwell road, bolton, BL1 3PF
Bank
-
Legal Advisor
-
inavate 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 inavate ltd.
inavate 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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inavate ltd Companies House Filings - See Documents
| date | description | view/download |
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