idex biometrics uk ltd
idex biometrics uk ltd Company Information
Company Number
09193617
Next Accounts
Sep 2025
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Shareholders
idex biometrics asa
Group Structure
View All
Contact
Registered Address
3rd floor northern assurance bui, princess street, manchester, M2 4DN
Website
-idex biometrics uk ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEX BIOMETRICS UK LTD at £1.4m based on a Turnover of £2.4m and 0.56x industry multiple (adjusted for size and gross margin).
idex biometrics uk ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEX BIOMETRICS UK LTD at £0 based on an EBITDA of £-2m and a 4.97x industry multiple (adjusted for size and gross margin).
idex biometrics uk ltd Estimated Valuation
Pomanda estimates the enterprise value of IDEX BIOMETRICS UK LTD at £0 based on Net Assets of £-6.9m and 2.51x industry multiple (adjusted for liquidity).
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Idex Biometrics Uk Ltd Overview
Idex Biometrics Uk Ltd is a live company located in manchester, M2 4DN with a Companies House number of 09193617. It operates in the other engineering activities sector, SIC Code 71129. Founded in August 2014, it's largest shareholder is idex biometrics asa with a 100% stake. Idex Biometrics Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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Idex Biometrics Uk Ltd Health Check
Pomanda's financial health check has awarded Idex Biometrics Uk Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£5.1m)
£2.4m - Idex Biometrics Uk Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (7.7%)
34% - Idex Biometrics Uk Ltd
7.7% - Industry AVG
Production
with a gross margin of 31.9%, this company has a comparable cost of product (31.9%)
31.9% - Idex Biometrics Uk Ltd
31.9% - Industry AVG
Profitability
an operating margin of -83% make it less profitable than the average company (5.3%)
-83% - Idex Biometrics Uk Ltd
5.3% - Industry AVG
Employees
with 34 employees, this is similar to the industry average (34)
34 - Idex Biometrics Uk Ltd
34 - Industry AVG
Pay Structure
on an average salary of £98k, the company has a higher pay structure (£55.6k)
£98k - Idex Biometrics Uk Ltd
£55.6k - Industry AVG
Efficiency
resulting in sales per employee of £71.2k, this is less efficient (£128.1k)
£71.2k - Idex Biometrics Uk Ltd
£128.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Idex Biometrics Uk Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (27 days)
2 days - Idex Biometrics Uk Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Idex Biometrics Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Idex Biometrics Uk Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 593.5%, this is a higher level of debt than the average (59.6%)
593.5% - Idex Biometrics Uk Ltd
59.6% - Industry AVG
IDEX BIOMETRICS UK LTD financials
Idex Biometrics Uk Ltd's latest turnover from December 2023 is £2.4 million and the company has net assets of -£6.9 million. According to their latest financial statements, Idex Biometrics Uk Ltd has 34 employees and maintains cash reserves of £169.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,420,664 | 1,751,193 | 7,652,630 | 1,014,135 | 1,526,350 | 1,439,395 | 2,805,951 | 696,651 | 599,804 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | -2,008,492 | -2,466,178 | 4,011,043 | -2,382,921 | -2,565,923 | -2,164,954 | 118,560 | 45,575 | 23,069 |
| Interest Payable | 0 | 0 | 17,689 | 18,833 | 20,991 | 19,435 | 10,426 | 1,871 | 496 |
| Interest Receivable | 15,331 | 3,278 | 0 | 806 | 21 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,993,161 | -2,462,900 | 3,993,354 | -2,400,948 | -2,586,893 | -2,184,389 | 108,134 | 43,704 | 22,573 |
| Tax | 476,955 | 329,875 | 0 | 1,498,894 | 8,990 | 0 | -20,668 | -8,741 | -4,515 |
| Profit After Tax | -1,516,206 | -2,133,025 | 3,993,354 | -902,054 | -2,577,903 | -2,184,389 | 87,466 | 34,963 | 18,058 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,516,206 | -2,133,025 | 3,993,354 | -902,054 | -2,577,903 | -2,184,389 | 87,466 | 34,963 | 18,058 |
| Employee Costs | 3,333,421 | 3,165,156 | 2,777,297 | 2,702,910 | 3,209,635 | 2,612,723 | 1,923,402 | 551,248 | 497,349 |
| Number Of Employees | 34 | 31 | 25 | 27 | 32 | 27 | 22 | 6 | 3 |
| EBITDA* | -1,950,269 | -2,411,968 | 4,074,345 | -2,317,430 | -2,491,430 | -2,101,636 | 151,958 | 45,575 | 23,069 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,957 | 117,047 | 79,324 | 107,189 | 157,497 | 140,761 | 164,919 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 60,957 | 117,047 | 79,324 | 107,189 | 157,497 | 140,761 | 164,919 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 1,995,208 | 847,816 | 653,345 | 444,289 | 183,958 | 35,899 |
| Group Debtors | 680,908 | 683,756 | 260,435 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 478,392 | 649,383 | 215,650 | 652,945 | 238,946 | 181,522 | 141,178 | 27,610 | 2,289 |
| Cash | 169,368 | 28,823 | 647,607 | 311,504 | 217,246 | 269,834 | 203,429 | 33,640 | 126,660 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,328,668 | 1,361,962 | 1,123,692 | 2,959,657 | 1,304,008 | 1,104,701 | 788,896 | 245,208 | 164,848 |
| total assets | 1,389,625 | 1,479,009 | 1,203,016 | 3,066,846 | 1,461,505 | 1,245,462 | 953,815 | 245,208 | 164,848 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,329 | 65,626 | 7,672 | 3,932 | 1,358 | 23,680 | 13,707 | 20,748 | 6,735 |
| Group/Directors Accounts | 7,938,175 | 6,317,354 | 4,118,175 | 10,009,075 | 7,447,887 | 4,687,258 | 662,793 | 62,368 | 92,389 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 296,087 | 437,789 | 285,904 | 255,928 | 312,295 | 256,656 | 115,409 | 108,071 | 46,666 |
| total current liabilities | 8,247,591 | 6,820,769 | 4,411,751 | 10,268,935 | 7,761,540 | 4,967,594 | 791,909 | 191,187 | 145,790 |
| 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 | 20,419 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 20,419 | 0 | 0 |
| total liabilities | 8,247,591 | 6,820,769 | 4,411,751 | 10,268,935 | 7,761,540 | 4,967,594 | 812,328 | 191,187 | 145,790 |
| net assets | -6,857,966 | -5,341,760 | -3,208,735 | -7,202,089 | -6,300,035 | -3,722,132 | 141,487 | 54,021 | 19,058 |
| total shareholders funds | -6,857,966 | -5,341,760 | -3,208,735 | -7,202,089 | -6,300,035 | -3,722,132 | 141,487 | 54,021 | 19,058 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -2,008,492 | -2,466,178 | 4,011,043 | -2,382,921 | -2,565,923 | -2,164,954 | 118,560 | 45,575 | 23,069 |
| Depreciation | 58,223 | 54,210 | 63,302 | 65,491 | 74,493 | 63,318 | 33,398 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 476,955 | 329,875 | 0 | 1,498,894 | 8,990 | 0 | -20,668 | -8,741 | -4,515 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -173,839 | 857,054 | -2,172,068 | 1,561,391 | 251,895 | 249,400 | 373,899 | 173,380 | 38,188 |
| Creditors | -52,297 | 57,954 | 3,740 | 2,574 | -22,322 | 9,973 | -7,041 | 14,013 | 6,735 |
| Accruals and Deferred Income | -141,702 | 151,885 | 29,976 | -56,367 | 55,639 | 141,247 | 7,338 | 61,405 | 46,666 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -20,419 | 20,419 | 0 | 0 |
| Cash flow from operations | -1,493,474 | -2,729,308 | 6,280,129 | -2,433,720 | -2,701,018 | -2,220,235 | -221,893 | -61,128 | 33,767 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -39,160 | -198,317 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -39,160 | -198,317 | 0 | 0 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,620,821 | 2,199,179 | -5,890,900 | 2,561,188 | 2,760,629 | 4,024,465 | 600,425 | -30,021 | 92,389 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 | 15,331 | 3,278 | -17,689 | -18,027 | -20,970 | -19,435 | -10,426 | -1,871 | -496 |
| cash flow from financing | 1,636,152 | 2,202,457 | -5,908,589 | 2,543,161 | 2,739,659 | 2,325,800 | 589,999 | -31,892 | 92,893 |
| cash and cash equivalents | |||||||||
| cash | 140,545 | -618,784 | 336,103 | 94,258 | -52,588 | 66,405 | 169,789 | -93,020 | 126,660 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 140,545 | -618,784 | 336,103 | 94,258 | -52,588 | 66,405 | 169,789 | -93,020 | 126,660 |
idex biometrics uk ltd Credit Report and Business Information
Idex Biometrics Uk Ltd Competitor Analysis
Perform a competitor analysis for idex biometrics uk ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
idex biometrics uk ltd Ownership
IDEX BIOMETRICS UK LTD group structure
Idex Biometrics Uk Ltd has no subsidiary companies.
Ultimate parent company
BONDI SANDS AUSTRALIA PTY LTD
#0093706
1 parent
IDEX BIOMETRICS UK LTD
09193617
idex biometrics uk ltd directors
Idex Biometrics Uk Ltd currently has 3 directors. The longest serving directors include Mr Carl Clausen (Aug 2014) and Mr Erling Svela (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Clausen | Norway | 61 years | Aug 2014 | - | Director |
| Mr Erling Svela | Norway | 66 years | May 2019 | - | Director |
| Mr Vincent Graziani | Norway | 64 years | Jan 2021 | - | Director |
P&L
December 2023turnover
2.4m
+38%
operating profit
-2m
-19%
gross margin
31.9%
+1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-6.9m
+0.28%
total assets
1.4m
-0.06%
cash
169.4k
+4.88%
net assets
Total assets minus all liabilities
idex biometrics uk ltd company details
company number
09193617
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DUNKLEY'S
address
3rd floor northern assurance bui, princess street, manchester, M2 4DN
Bank
-
Legal Advisor
-
idex biometrics uk 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 idex biometrics uk ltd.
idex biometrics uk 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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idex biometrics uk ltd Companies House Filings - See Documents
| date | description | view/download |
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