ips communications limited
ips communications limited Company Information
Company Number
09177405
Website
www.ips-ltd.co.ukRegistered Address
11 billet lane, scunthorpe, south humberside, DN15 9YH
Industry
Other telecommunications activities
Telephone
01724292200
Next Accounts Due
21 days late
Group Structure
View All
Shareholders
alan dick communications ltd 100%
ips communications limited Estimated Valuation
Pomanda estimates the enterprise value of IPS COMMUNICATIONS LIMITED at £0 based on a Turnover of £489.7k and -1.82x industry multiple (adjusted for size and gross margin).
ips communications limited Estimated Valuation
Pomanda estimates the enterprise value of IPS COMMUNICATIONS LIMITED at £7m based on an EBITDA of £-1.1m and a -6.69x industry multiple (adjusted for size and gross margin).
ips communications limited Estimated Valuation
Pomanda estimates the enterprise value of IPS COMMUNICATIONS LIMITED at £0 based on Net Assets of £-12.6m and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ips Communications Limited Overview
Ips Communications Limited is a live company located in south humberside, DN15 9YH with a Companies House number of 09177405. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in August 2014, it's largest shareholder is alan dick communications ltd with a 100% stake. Ips Communications Limited is a established, micro sized company, Pomanda has estimated its turnover at £489.7k with declining growth in recent years.
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Ips Communications Limited Health Check
Pomanda's financial health check has awarded Ips Communications Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 10 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
10 Weak
Size
annual sales of £489.7k, make it smaller than the average company (£12.3m)
£489.7k - Ips Communications Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (3.5%)
-48% - Ips Communications Limited
3.5% - Industry AVG
Production
with a gross margin of -191.9%, this company has a higher cost of product (38.8%)
-191.9% - Ips Communications Limited
38.8% - Industry AVG
Profitability
an operating margin of -214.8% make it less profitable than the average company (4.1%)
-214.8% - Ips Communications Limited
4.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (50)
3 - Ips Communications Limited
50 - Industry AVG
Pay Structure
on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)
- Ips Communications Limited
£60.8k - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is less efficient (£228.4k)
£163.2k - Ips Communications Limited
£228.4k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (38 days)
77 days - Ips Communications Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (44 days)
21 days - Ips Communications Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ips Communications Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Ips Communications Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9360.9%, this is a higher level of debt than the average (66.1%)
9360.9% - Ips Communications Limited
66.1% - Industry AVG
IPS COMMUNICATIONS LIMITED financials
Ips Communications Limited's latest turnover from December 2022 is £489.7 thousand and the company has net assets of -£12.6 million. According to their latest financial statements, Ips Communications Limited has 3 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 489,730 | 2,185,276 | 3,325,700 | 4,267,885 | 3,447,071 | 4,823,122 | 10,668,552 | 4,628,094 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,429,710 | 2,778,356 | 5,898,565 | 6,753,427 | 3,115,262 | 6,151,535 | 10,418,793 | 3,106,461 | |
| Gross Profit | -939,980 | -593,080 | -2,572,865 | -2,485,542 | 331,809 | -1,328,413 | 249,759 | 1,521,633 | |
| Admin Expenses | 112,109 | 441,857 | 1,131,395 | ||||||
| Operating Profit | -1,052,089 | -1,034,937 | -3,704,260 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -1,052,089 | -1,034,937 | -3,704,260 | -3,665,219 | -680,669 | -2,425,543 | -630,937 | 471,628 | |
| Tax | 0 | 0 | -13,096 | 431,368 | 0 | 4,160 | 1,473 | -3,904 | |
| Profit After Tax | -1,052,089 | -1,034,937 | -3,717,356 | -3,233,851 | -680,669 | -2,421,383 | -629,464 | 467,724 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -1,052,089 | -1,034,937 | -3,717,356 | -3,233,851 | -680,669 | -2,421,383 | -629,464 | 467,724 | |
| Employee Costs | 0 | 0 | 2,537,152 | 1,767,750 | 1,720,361 | ||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 47 | 41 | 34 | |
| EBITDA* | -1,052,089 | -1,034,937 | -3,704,260 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 20,143 | 40,522 | 21,690 | 39,081 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 4,783 | 9,565 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 20,143 | 45,305 | 31,255 | 39,081 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 5,000 | 5,000 | 5,000 | 5,000 |
| Trade Debtors | 104,208 | 425,749 | 630,698 | 2,074,115 | 1,485,300 | 443,368 | 1,908,985 | 2,016,304 | 680,548 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 385,944 | 488,000 | 20,000 | 0 |
| Misc Debtors | 29,411 | 204,165 | 201,228 | 287,059 | 0 | 100,921 | 169,378 | 115,258 | 0 |
| Cash | 2,695 | 102,612 | 771,765 | 27,619 | 100 | 97,612 | 1,623,660 | 12,348 | 107,527 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 136,314 | 732,526 | 1,603,691 | 2,388,793 | 1,904,095 | 1,032,845 | 4,195,023 | 2,168,910 | 793,075 |
| total assets | 136,314 | 732,526 | 1,603,691 | 2,388,793 | 1,904,095 | 1,052,988 | 4,240,328 | 2,200,165 | 832,156 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,336 | 59,623 | 0 | 0 | 0 | 25,999 | 24,887 | 92,077 | 1,153,999 |
| Group/Directors Accounts | 12,550,730 | 11,758,338 | 10,822,619 | 7,858,667 | 0 | 3,389,740 | 4,244,930 | 1,802,814 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 4,644,165 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 127,116 | 486,344 | 1,317,914 | 1,349,612 | 0 | 542,215 | 451,663 | 155,489 | 0 |
| total current liabilities | 12,760,182 | 12,304,305 | 12,140,533 | 9,208,279 | 5,489,730 | 3,957,954 | 4,721,480 | 2,050,380 | 1,153,999 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 2,431 | 3,904 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 2,431 | 3,904 | 0 |
| total liabilities | 12,760,182 | 12,304,305 | 12,140,533 | 9,208,279 | 5,489,730 | 3,957,954 | 4,723,911 | 2,054,284 | 1,153,999 |
| net assets | -12,623,868 | -11,571,779 | -10,536,842 | -6,819,486 | -3,585,635 | -2,904,966 | -483,583 | 145,881 | -321,843 |
| total shareholders funds | -12,623,868 | -11,571,779 | -10,536,842 | -6,819,486 | -3,585,635 | -2,904,966 | -483,583 | 145,881 | -321,843 |
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -1,052,089 | -1,034,937 | -3,704,260 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 20,379 | 15,137 | 20,706 | 13,731 |
| Amortisation | 0 | 0 | 0 | 0 | 4,783 | 4,782 | 4,782 | 161,617 | |
| Tax | 0 | 0 | -13,096 | 431,368 | 0 | 4,160 | 1,473 | -3,904 | |
| Stock | 0 | 0 | 0 | 0 | -5,000 | 0 | 0 | 0 | 5,000 |
| Debtors | -496,295 | -1,731,260 | -1,529,248 | 875,874 | 555,067 | -1,636,130 | 414,801 | 1,471,014 | 680,548 |
| Creditors | 22,713 | 59,623 | 0 | 0 | -25,999 | 1,112 | -67,190 | -1,061,922 | 1,153,999 |
| Accruals and Deferred Income | -359,228 | -863,268 | -31,698 | 1,349,612 | -542,215 | 90,552 | 296,174 | 155,489 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -2,431 | -1,473 | 3,904 | 0 |
| Cash flow from operations | -892,309 | -107,322 | -2,219,806 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 792,392 | 3,899,671 | 2,963,952 | 7,858,667 | -3,389,740 | -855,190 | 2,442,116 | 1,802,814 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -4,644,165 | 4,644,165 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 792,392 | 182,315 | 2,963,952 | 3,214,502 | -855,190 | 2,442,116 | 1,802,814 | ||
| cash and cash equivalents | |||||||||
| cash | -99,917 | 74,993 | 744,146 | 27,519 | -97,512 | -1,526,048 | 1,611,312 | -95,179 | 107,527 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -99,917 | 74,993 | 744,146 | 27,519 | -97,512 | -1,526,048 | 1,611,312 | -95,179 | 107,527 |
ips communications limited Credit Report and Business Information
Ips Communications Limited Competitor Analysis
Perform a competitor analysis for ips communications limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DN15 area or any other competitors across 12 key performance metrics.
ips communications limited Ownership
IPS COMMUNICATIONS LIMITED group structure
Ips Communications Limited has no subsidiary companies.
Ultimate parent company
MUTARES HOLDING-25 GMBH
#0135161
2 parents
IPS COMMUNICATIONS LIMITED
09177405
ips communications limited directors
Ips Communications Limited currently has 2 directors. The longest serving directors include Mr Bryan Scott (Feb 2023) and Mr Nimit Mehta (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bryan Scott | 65 years | Feb 2023 | - | Director | |
| Mr Nimit Mehta | England | 43 years | Feb 2023 | - | Director |
P&L
December 2022turnover
489.7k
-78%
operating profit
-1.1m
+2%
gross margin
-191.9%
+607.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-12.6m
+0.09%
total assets
136.3k
-0.81%
cash
2.7k
-0.97%
net assets
Total assets minus all liabilities
ips communications limited company details
company number
09177405
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
adcldn limited (August 2014)
accountant
-
auditor
CROWE U.K. LLP
address
11 billet lane, scunthorpe, south humberside, DN15 9YH
Bank
-
Legal Advisor
-
ips communications 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 ips communications limited.
ips communications limited Companies House Filings - See Documents
| date | description | view/download |
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