inspiretec group limited
inspiretec group limited Company Information
Company Number
09224445
Next Accounts
Sep 2025
Shareholders
david speakman
simon lloyd powell
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
3, the quadrangle,, vision court,, cardiff, CF23 8HA
Website
www.inspiretec.cominspiretec group limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRETEC GROUP LIMITED at £17.7m based on a Turnover of £7.3m and 2.43x industry multiple (adjusted for size and gross margin).
inspiretec group limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRETEC GROUP LIMITED at £11.4m based on an EBITDA of £1.1m and a 10.16x industry multiple (adjusted for size and gross margin).
inspiretec group limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRETEC GROUP LIMITED at £0 based on Net Assets of £-1.3m and 1.31x industry multiple (adjusted for liquidity).
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Inspiretec Group Limited Overview
Inspiretec Group Limited is a live company located in cardiff, CF23 8HA with a Companies House number of 09224445. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2014, it's largest shareholder is david speakman with a 41% stake. Inspiretec Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.3m with low growth in recent years.
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Inspiretec Group Limited Health Check
Pomanda's financial health check has awarded Inspiretec Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £7.3m, make it smaller than the average company (£18.9m)
£7.3m - Inspiretec Group Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.5%)
3% - Inspiretec Group Limited
10.5% - Industry AVG
Production
with a gross margin of 99.1%, this company has a lower cost of product (36.3%)
99.1% - Inspiretec Group Limited
36.3% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (4.5%)
11.8% - Inspiretec Group Limited
4.5% - Industry AVG
Employees
with 83 employees, this is below the industry average (104)
83 - Inspiretec Group Limited
104 - Industry AVG
Pay Structure
on an average salary of £60.5k, the company has a higher pay structure (£44.7k)
£60.5k - Inspiretec Group Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £87.6k, this is less efficient (£191k)
£87.6k - Inspiretec Group Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (45 days)
50 days - Inspiretec Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 1493 days, this is slower than average (44 days)
1493 days - Inspiretec Group Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Inspiretec Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (14 weeks)
21 weeks - Inspiretec Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.4%, this is a higher level of debt than the average (69.6%)
124.4% - Inspiretec Group Limited
69.6% - Industry AVG
INSPIRETEC GROUP LIMITED financials
Inspiretec Group Limited's latest turnover from December 2023 is £7.3 million and the company has net assets of -£1.3 million. According to their latest financial statements, Inspiretec Group Limited has 83 employees and maintains cash reserves of £1.6 million 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 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,268,000 | 6,023,000 | 6,044,000 | 6,607,000 | 9,203,000 | 7,957,000 | 8,111,000 | 4,406,000 | 5,555,000 | 1,093,000 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 66,000 | 75,000 | 113,000 | 251,000 | 293,000 | 335,000 | 728,000 | 235,000 | 231,000 | 70,000 |
| Gross Profit | 7,202,000 | 5,948,000 | 5,931,000 | 6,356,000 | 8,910,000 | 7,622,000 | 7,383,000 | 4,171,000 | 5,324,000 | 1,023,000 |
| Admin Expenses | 6,347,000 | 6,134,000 | 5,778,000 | 5,812,000 | 8,389,000 | 8,570,000 | 7,543,000 | 6,620,000 | 5,252,000 | 6,959,000 |
| Operating Profit | 855,000 | -186,000 | 153,000 | 544,000 | 521,000 | -948,000 | -160,000 | -2,449,000 | 72,000 | -5,936,000 |
| Interest Payable | 318,000 | 198,000 | 167,000 | 520,000 | 657,000 | 738,000 | 598,000 | 354,000 | 360,000 | 7,000 |
| Interest Receivable | ||||||||||
| Pre-Tax Profit | 537,000 | -384,000 | -14,000 | 24,000 | -136,000 | -1,686,000 | -758,000 | -2,803,000 | -288,000 | -5,994,000 |
| Tax | 96,000 | 984,000 | 241,000 | 227,000 | 479,000 | 244,000 | 82,000 | 18,000 | -42,000 | 60,000 |
| Profit After Tax | 633,000 | 600,000 | 227,000 | 251,000 | 343,000 | -1,442,000 | -676,000 | -2,785,000 | -330,000 | -5,934,000 |
| Dividends Paid | ||||||||||
| Retained Profit | 633,000 | 600,000 | 227,000 | 251,000 | 343,000 | -1,442,000 | -676,000 | -2,785,000 | -330,000 | -5,934,000 |
| Employee Costs | 5,018,000 | 4,592,000 | 4,095,000 | 4,684,000 | 6,119,000 | 5,436,000 | 4,820,000 | 2,799,000 | 3,129,000 | 760,000 |
| Number Of Employees | 83 | 86 | 76 | 102 | 130 | 128 | 112 | 100 | 68 | 81 |
| EBITDA* | 1,119,000 | -117,000 | 333,000 | 855,000 | 813,000 | -584,000 | 740,000 | -332,000 | 211,000 | -5,800,000 |
* 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 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 111,000 | 129,000 | 82,000 | 113,000 | 240,000 | 267,000 | 413,000 | 258,000 | 342,000 | 137,000 |
| Intangible Assets | 1,846,000 | 1,006,000 | 13,000 | 120,000 | 268,000 | 357,000 | 485,000 | 514,000 | 46,000 | 5,000 |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,957,000 | 1,135,000 | 95,000 | 233,000 | 508,000 | 624,000 | 898,000 | 772,000 | 388,000 | 142,000 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 1,001,000 | 1,597,000 | 1,778,000 | 1,102,000 | 1,723,000 | 1,361,000 | 853,000 | 776,000 | 703,000 | 737,000 |
| Group Debtors | ||||||||||
| Misc Debtors | 833,000 | 1,556,000 | 865,000 | 637,000 | 1,004,000 | 1,078,000 | 878,000 | 354,000 | 386,000 | 290,000 |
| Cash | 1,644,000 | 603,000 | 444,000 | 1,509,000 | 597,000 | 543,000 | 223,000 | 266,000 | 953,000 | 742,000 |
| misc current assets | ||||||||||
| total current assets | 3,478,000 | 3,756,000 | 3,087,000 | 3,248,000 | 3,324,000 | 2,982,000 | 1,954,000 | 1,396,000 | 2,042,000 | 1,769,000 |
| total assets | 5,435,000 | 4,891,000 | 3,182,000 | 3,481,000 | 3,832,000 | 3,606,000 | 2,852,000 | 2,168,000 | 2,430,000 | 1,911,000 |
| Bank overdraft | 6,000 | 18,000 | 2,815,000 | 510,000 | 625,000 | 1,412,000 | 270,000 | |||
| Bank loan | 200,000 | 200,000 | 200,000 | 67,000 | 2,250,000 | |||||
| Trade Creditors | 270,000 | 228,000 | 106,000 | 146,000 | 227,000 | 451,000 | 531,000 | 509,000 | 259,000 | 287,000 |
| Group/Directors Accounts | ||||||||||
| other short term finances | 560,000 | 523,000 | 599,000 | 604,000 | 800,000 | 956,000 | 182,000 | 268,000 | ||
| hp & lease commitments | 8,000 | 61,000 | 115,000 | 91,000 | 134,000 | 115,000 | 150,000 | |||
| other current liabilities | 3,017,000 | 2,988,000 | 2,870,000 | 2,637,000 | 2,804,000 | 3,090,000 | 2,527,000 | 2,176,000 | 1,807,000 | 1,808,000 |
| total current liabilities | 4,047,000 | 3,939,000 | 3,783,000 | 3,521,000 | 6,214,000 | 7,403,000 | 3,884,000 | 3,693,000 | 3,628,000 | 2,365,000 |
| loans | 2,712,000 | 2,909,000 | 1,917,000 | 2,690,000 | 2,250,000 | 4,667,000 | 6,227,000 | 5,603,000 | 4,068,000 | 4,730,000 |
| hp & lease commitments | 8,000 | 31,000 | 76,000 | 161,000 | 23,000 | 131,000 | ||||
| Accruals and Deferred Income | 60,000 | 153,000 | 117,000 | |||||||
| other liabilities | 39,000 | 46,000 | 71,000 | 94,000 | ||||||
| provisions | ||||||||||
| total long term liabilities | 2,712,000 | 2,909,000 | 1,956,000 | 2,744,000 | 2,352,000 | 4,837,000 | 6,448,000 | 5,779,000 | 4,316,000 | 4,730,000 |
| total liabilities | 6,759,000 | 6,848,000 | 5,739,000 | 6,265,000 | 8,566,000 | 12,240,000 | 10,332,000 | 9,472,000 | 7,944,000 | 7,095,000 |
| net assets | -1,324,000 | -1,957,000 | -2,557,000 | -2,784,000 | -4,734,000 | -8,634,000 | -7,480,000 | -7,304,000 | -5,514,000 | -5,184,000 |
| total shareholders funds | -1,324,000 | -1,957,000 | -2,557,000 | -2,784,000 | -4,734,000 | -8,634,000 | -7,480,000 | -7,304,000 | -5,514,000 | -5,184,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 855,000 | -186,000 | 153,000 | 544,000 | 521,000 | -948,000 | -160,000 | -2,449,000 | 72,000 | -5,936,000 |
| Depreciation | 61,000 | 56,000 | 73,000 | 158,000 | 170,000 | 228,000 | 193,000 | 160,000 | 126,000 | 7,000 |
| Amortisation | 203,000 | 13,000 | 107,000 | 153,000 | 122,000 | 136,000 | 707,000 | 1,957,000 | 13,000 | 129,000 |
| Tax | 96,000 | 984,000 | 241,000 | 227,000 | 479,000 | 244,000 | 82,000 | 18,000 | -42,000 | 60,000 |
| Stock | ||||||||||
| Debtors | -1,319,000 | 510,000 | 904,000 | -988,000 | 288,000 | 708,000 | 601,000 | 41,000 | 62,000 | 1,027,000 |
| Creditors | 42,000 | 122,000 | -40,000 | -81,000 | -224,000 | -80,000 | 22,000 | 250,000 | -28,000 | 287,000 |
| Accruals and Deferred Income | 29,000 | 118,000 | 233,000 | -167,000 | -286,000 | 503,000 | 258,000 | 405,000 | 116,000 | 1,808,000 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | 2,605,000 | 597,000 | -137,000 | 1,822,000 | 494,000 | -625,000 | 501,000 | 300,000 | 195,000 | -4,672,000 |
| Investing Activities | ||||||||||
| capital expenditure | -90,000 | -530,000 | -2,649,000 | -385,000 | -202,000 | |||||
| Change in Investments | ||||||||||
| cash flow from investments | -90,000 | -530,000 | -2,649,000 | -385,000 | -202,000 | |||||
| Financing Activities | ||||||||||
| Bank loans | 133,000 | -2,183,000 | 2,250,000 | |||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | 37,000 | -76,000 | -5,000 | -196,000 | -156,000 | 774,000 | -86,000 | 268,000 | ||
| Long term loans | -197,000 | 992,000 | -773,000 | 440,000 | -2,417,000 | -1,560,000 | 624,000 | 1,535,000 | -662,000 | 4,730,000 |
| Hire Purchase and Lease Commitments | -8,000 | -61,000 | -77,000 | -21,000 | -128,000 | 157,000 | -143,000 | 281,000 | ||
| other long term liabilities | -39,000 | -7,000 | -25,000 | -23,000 | 94,000 | |||||
| share issue | ||||||||||
| interest | -318,000 | -198,000 | -167,000 | -520,000 | -657,000 | -738,000 | -598,000 | -354,000 | -360,000 | -7,000 |
| cash flow from financing | -478,000 | 671,000 | -880,000 | -862,000 | 2,533,000 | -1,270,000 | 597,000 | 2,301,000 | -741,000 | 5,473,000 |
| cash and cash equivalents | ||||||||||
| cash | 1,041,000 | 159,000 | -1,065,000 | 912,000 | 54,000 | 320,000 | -43,000 | -687,000 | 211,000 | 742,000 |
| overdraft | -6,000 | -12,000 | -2,797,000 | 2,305,000 | -115,000 | -787,000 | 1,142,000 | 270,000 | ||
| change in cash | 1,041,000 | 159,000 | -1,059,000 | 924,000 | 2,851,000 | -1,985,000 | 72,000 | 100,000 | -931,000 | 472,000 |
inspiretec group limited Credit Report and Business Information
Inspiretec Group Limited Competitor Analysis
Perform a competitor analysis for inspiretec group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in CF23 area or any other competitors across 12 key performance metrics.
inspiretec group limited Ownership
INSPIRETEC GROUP LIMITED group structure
Inspiretec Group Limited has 4 subsidiary companies.
Ultimate parent company
INSPIRETEC GROUP LIMITED
09224445
4 subsidiaries
inspiretec group limited directors
Inspiretec Group Limited currently has 5 directors. The longest serving directors include Mr Simon Powell (Oct 2014) and Mr Matthew Wakerley (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Powell | 57 years | Oct 2014 | - | Director | |
| Mr Matthew Wakerley | 51 years | Nov 2016 | - | Director | |
| Mr Richard Baker | United Kingdom | 51 years | Feb 2017 | - | Director |
| Mr Gavin Richards | United Kingdom | 47 years | Sep 2017 | - | Director |
| Mr Richard Mathias | 53 years | Nov 2020 | - | Director |
P&L
December 2023turnover
7.3m
+21%
operating profit
855k
-560%
gross margin
99.1%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.3m
-0.32%
total assets
5.4m
+0.11%
cash
1.6m
+1.73%
net assets
Total assets minus all liabilities
inspiretec group limited company details
company number
09224445
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
comtec holdings limited (November 2016)
new co 123 limited (February 2015)
accountant
-
auditor
GRANT THORNTON UK LLP
address
3, the quadrangle,, vision court,, cardiff, CF23 8HA
Bank
HSBC BANK PLC
Legal Advisor
-
inspiretec group 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 5 charges/mortgages relating to inspiretec group limited. Currently there are 0 open charges and 5 have been satisfied in the past.
inspiretec group limited 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.
Click to start generating capital raising & share issue transactions for INSPIRETEC GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
inspiretec group limited Companies House Filings - See Documents
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