ithaca sp (holdings) limited
ithaca sp (holdings) limited Company Information
Company Number
09102478
Website
www.siccarpointenergy.co.ukRegistered Address
1 park row, leeds, LS1 5AB
Industry
Other business support service activities n.e.c.
Telephone
01224678008
Next Accounts Due
5 days late
Group Structure
View All
Shareholders
siccar point energy luxembourg s.c.a. 100%
ithaca sp (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ITHACA SP (HOLDINGS) LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
ithaca sp (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ITHACA SP (HOLDINGS) LIMITED at £0 based on an EBITDA of £-4k and a 4.22x industry multiple (adjusted for size and gross margin).
ithaca sp (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of ITHACA SP (HOLDINGS) LIMITED at £17.8m based on Net Assets of £7m and 2.54x industry multiple (adjusted for liquidity).
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Ithaca Sp (holdings) Limited Overview
Ithaca Sp (holdings) Limited is a live company located in leeds, LS1 5AB with a Companies House number of 09102478. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2014, it's largest shareholder is siccar point energy luxembourg s.c.a. with a 100% stake. Ithaca Sp (holdings) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Ithaca Sp (holdings) Limited Health Check
Pomanda's financial health check has awarded Ithaca Sp (Holdings) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (3%)
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
- Ithaca Sp (holdings) Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ithaca Sp (holdings) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Ithaca Sp (holdings) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ithaca Sp (holdings) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.2%, this is a lower level of debt than the average (63.7%)
- - Ithaca Sp (holdings) Limited
- - Industry AVG
ITHACA SP (HOLDINGS) LIMITED financials
Ithaca Sp (Holdings) Limited's latest turnover from December 2022 is 0 and the company has net assets of £7 million. According to their latest financial statements, we estimate that Ithaca Sp (Holdings) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 177,597,639 | 107,721,011 | 160,628,141 | 207,082,015 | 72,312,709 | 0 | 0 | 0 |
| Other Income Or Grants | 271,433,545 | -230,410,233 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 99,108,386 | 104,711,626 | 181,306,533 | 121,535,653 | 62,337,731 | 23,229 | |||
| Gross Profit | 349,922,797 | -227,400,848 | -20,678,392 | 85,546,362 | 9,974,977 | -23,229 | |||
| Admin Expenses | 14,847,865 | -49,900,091 | 15,462,312 | 35,205,646 | 14,687,595 | 8,916,957 | |||
| Operating Profit | -4,014 | 335,074,932 | -177,500,757 | -36,140,704 | 50,340,716 | -4,712,618 | -8,940,186 | -7,399,318 | -2,716,931 |
| Interest Payable | 0 | 179,771,420 | 92,288,071 | 94,047,380 | 82,645,413 | 92,428,723 | 8,971,400 | 0 | 0 |
| Interest Receivable | 463,193 | 1,750,681 | 14,429,306 | 5,108,399 | 53,455,828 | 307,097 | 0 | 0 | 0 |
| Pre-Tax Profit | 459,180 | 157,054,193 | -255,359,522 | -125,079,684 | 21,812,282 | 394,034,729 | 30,013,792 | -8,165,273 | -2,973,859 |
| Tax | 0 | -260,986,982 | 121,414,623 | 106,556,353 | 62,538,330 | 69,488,171 | 958,188 | 0 | 0 |
| Profit After Tax | 459,180 | -103,932,788 | -133,944,899 | -18,523,331 | 84,350,612 | 463,522,900 | 30,971,980 | -8,165,273 | -2,973,859 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 459,180 | -103,932,788 | -133,944,899 | -18,523,331 | 84,350,612 | 463,522,900 | 30,971,980 | -8,165,273 | -2,973,859 |
| Employee Costs | 0 | 8,248,562 | 7,904,935 | 6,979,182 | 7,799,951 | 6,264,786 | 2,415,070 | 2,077,912 | 872,349 |
| Number Of Employees | 34 | 36 | 38 | 37 | 36 | 11 | 11 | 6 | |
| EBITDA* | -4,014 | 114,181,804 | 114,353,618 | 39,917,444 | 145,651,821 | 38,757,962 | -8,908,246 | -7,366,791 | -2,704,850 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,811,009,688 | 2,098,147,896 | 1,613,650,395 | 1,561,292,285 | 1,414,940,097 | 148,265,825 | 58,086 | 77,852 |
| Intangible Assets | 0 | 0 | 0 | 0 | 253,076,174 | 202,295,268 | 100,900 | 0 | 0 |
| Investments & Other | 10,637,393 | 345,226,308 | 350,535,876 | 47,162,239 | 350,766,609 | 295,728,692 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 228,851,801 | 489,838,782 | 602,379,038 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,637,393 | 1,582,157,886 | 1,608,309,112 | 1,613,650,394 | 1,814,368,459 | 1,617,235,365 | 148,366,724 | 58,085 | 77,851 |
| Stock & work in progress | 0 | 6,542,537 | 5,077,202 | 5,758,076 | 1,257,402 | 3,826,205 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 22,270,625 | 13,484,986 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 1,371,859 | 0 | 0 | 0 | 127,788 | 0 |
| Misc Debtors | 0 | 20,639,570 | 38,832,879 | 38,666,188 | 14,908,736 | 52,434,789 | 3,660,714 | 350,836 | 331,209 |
| Cash | 0 | 37,081,441 | 123,961,550 | 197,933,955 | 119,803,682 | 52,272,520 | 96,296,457 | 1,773,543 | 1,383,709 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 64,263,548 | 167,871,632 | 243,730,079 | 158,240,448 | 122,018,502 | 99,957,172 | 2,252,169 | 1,714,919 |
| total assets | 10,637,393 | 1,646,421,434 | 1,776,180,744 | 1,857,380,473 | 1,972,608,907 | 1,739,253,867 | 248,323,896 | 2,310,254 | 1,792,770 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 431,426 | 959,734 | 262,742 | 4,542,873 | 34,122 | 29,762 | 1,624,845 | 534,568 |
| Group/Directors Accounts | 3,626,876 | 0 | 0 | 1 | 25,103,431 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 40,744,020 | 7,099,606 | 1,083,991 | 1,919,363 | 21,715,953 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,224 | 33,482,440 | 19,407,356 | 34,436,466 | 9,563,558 | 38,572,944 | 44,440,330 | 0 | 299,008 |
| total current liabilities | 3,634,101 | 74,657,887 | 27,466,697 | 35,783,202 | 41,129,229 | 60,323,021 | 44,470,093 | 1,624,845 | 833,576 |
| loans | 0 | 2,218,575,536 | 2,345,049,954 | 2,314,923,187 | 2,343,932,018 | 2,032,656,960 | 327,440,476 | 23,604,398 | 7,664,634 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 276,836,208 | 275,090,826 | 243,521,894 | 251,783,888 | 257,426,448 | 39,162,310 | 0 | 0 |
| total long term liabilities | 0 | 1,256,330,608 | 1,329,348,319 | 1,296,806,173 | 1,317,512,776 | 1,183,891,416 | 183,301,393 | 11,802,199 | 3,832,317 |
| total liabilities | 3,634,101 | 1,330,988,495 | 1,356,815,016 | 1,332,589,375 | 1,358,642,005 | 1,244,214,437 | 227,771,486 | 13,427,044 | 4,665,893 |
| net assets | 7,003,291 | 315,432,940 | 419,365,728 | 524,791,098 | 613,966,902 | 495,039,430 | 20,552,410 | -11,116,791 | -2,873,123 |
| total shareholders funds | 7,003,291 | 315,432,940 | 419,365,728 | 524,791,098 | 613,966,902 | 495,039,430 | 20,552,410 | -11,116,791 | -2,873,122 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -4,014 | 335,074,932 | -177,500,757 | -36,140,704 | 50,340,716 | -4,712,618 | -8,940,186 | -7,399,318 | -2,716,931 |
| Depreciation | 0 | -220,893,127 | 291,854,375 | 76,058,148 | 95,311,106 | 43,470,579 | 31,940 | 32,528 | 12,081 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -260,986,982 | 121,414,623 | 106,556,353 | 62,538,330 | 69,488,171 | 958,188 | 0 | 0 |
| Stock | -6,542,537 | 1,465,335 | -680,874 | 4,500,674 | -2,568,803 | 3,826,205 | 0 | 0 | 0 |
| Debtors | -249,491,371 | -279,180,290 | -113,745,424 | 605,237,723 | -28,740,413 | 62,259,061 | 3,182,090 | 147,415 | 331,209 |
| Creditors | -431,426 | -528,308 | 696,991 | -4,280,131 | 4,508,751 | 4,360 | -1,595,083 | 1,090,277 | 534,568 |
| Accruals and Deferred Income | -33,475,216 | 14,075,084 | -15,029,110 | 24,872,908 | -29,009,386 | -5,867,386 | 44,440,330 | -299,008 | 299,008 |
| Deferred Taxes & Provisions | -276,836,208 | 1,745,382 | 31,568,932 | -8,261,994 | -5,642,560 | 218,264,138 | 39,162,310 | 0 | 0 |
| Cash flow from operations | -54,712,956 | 146,201,936 | 367,431,352 | -450,933,817 | 209,356,173 | 254,561,978 | 70,875,409 | -6,722,936 | -2,202,483 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -334,588,915 | -5,309,568 | 303,373,637 | -303,604,370 | 55,037,917 | 295,728,692 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,626,876 | 0 | -1 | -25,103,431 | 25,103,431 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -40,744,020 | 33,644,414 | 6,015,615 | -835,372 | -19,796,590 | 21,715,953 | 0 | 0 | 0 |
| Long term loans | -2,218,575,536 | -126,474,418 | 30,126,767 | -29,008,831 | 311,275,058 | 1,705,216,484 | 303,836,078 | 15,939,764 | 7,664,634 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 463,193 | -178,020,739 | -77,858,765 | -88,938,981 | -29,189,585 | -92,121,626 | -8,971,400 | 0 | 0 |
| cash flow from financing | -2,564,118,315 | -270,850,743 | -13,196,855 | -214,539,088 | 321,969,174 | 1,645,774,931 | 295,561,899 | 15,861,368 | 7,765,371 |
| cash and cash equivalents | |||||||||
| cash | -37,081,441 | -86,880,109 | -73,972,405 | 78,130,273 | 67,531,162 | -44,023,937 | 94,522,914 | 389,834 | 1,383,709 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -37,081,441 | -86,880,109 | -73,972,405 | 78,130,273 | 67,531,162 | -44,023,937 | 94,522,914 | 389,834 | 1,383,709 |
ithaca sp (holdings) limited Credit Report and Business Information
Ithaca Sp (holdings) Limited Competitor Analysis
Perform a competitor analysis for ithaca sp (holdings) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other established companies, companies in LS1 area or any other competitors across 12 key performance metrics.
ithaca sp (holdings) limited Ownership
ITHACA SP (HOLDINGS) LIMITED group structure
Ithaca Sp (Holdings) Limited has 1 subsidiary company.
Ultimate parent company
SICCAR POINT ENERGY LUXEMBOURG S C A
#0090069
1 parent
ITHACA SP (HOLDINGS) LIMITED
09102478
1 subsidiary
ithaca sp (holdings) limited directors
Ithaca Sp (Holdings) Limited currently has 3 directors. The longest serving directors include Mr Gilad Myerson (Jun 2022) and Mr Iain Lewis (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gilad Myerson | United Kingdom | 48 years | Jun 2022 | - | Director |
| Mr Iain Lewis | United Kingdom | 46 years | Sep 2022 | - | Director |
| Mrs Julie McAteer | United Kingdom | 54 years | May 2024 | - | Director |
P&L
December 2022turnover
0
-100%
operating profit
-4k
-100%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7m
-0.98%
total assets
10.6m
-0.99%
cash
0
-1%
net assets
Total assets minus all liabilities
ithaca sp (holdings) limited company details
company number
09102478
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
siccar point energy (holdings) limited (July 2022)
last accounts submitted
December 2022
address
1 park row, leeds, LS1 5AB
accountant
-
auditor
DELOITTE LLP
ithaca sp (holdings) 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 ithaca sp (holdings) limited.
ithaca sp (holdings) limited Companies House Filings - See Documents
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