igk traders limited
igk traders limited Company Information
Company Number
09255676
Next Accounts
Jun 2025
Industry
Other retail sale in non-specialised stores
Directors
Shareholders
jagmohan singh
Group Structure
View All
Contact
Registered Address
accountancy solutions, office 5, mansfield business centre, mansfield, nottinghamshire, NG18 2AE
Website
-igk traders limited Estimated Valuation
Pomanda estimates the enterprise value of IGK TRADERS LIMITED at £248.9k based on a Turnover of £759.3k and 0.33x industry multiple (adjusted for size and gross margin).
igk traders limited Estimated Valuation
Pomanda estimates the enterprise value of IGK TRADERS LIMITED at £88.5k based on an EBITDA of £27.7k and a 3.19x industry multiple (adjusted for size and gross margin).
igk traders limited Estimated Valuation
Pomanda estimates the enterprise value of IGK TRADERS LIMITED at £1.2m based on Net Assets of £364.2k and 3.2x industry multiple (adjusted for liquidity).
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Igk Traders Limited Overview
Igk Traders Limited is a live company located in mansfield, NG18 2AE with a Companies House number of 09255676. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in October 2014, it's largest shareholder is jagmohan singh with a 100% stake. Igk Traders Limited is a established, small sized company, Pomanda has estimated its turnover at £759.3k with declining growth in recent years.
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Igk Traders Limited Health Check
Pomanda's financial health check has awarded Igk Traders Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £759.3k, make it smaller than the average company (£1m)
- Igk Traders Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.3%)
- Igk Traders Limited
4.3% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (43.3%)
- Igk Traders Limited
43.3% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (4.8%)
- Igk Traders Limited
4.8% - Industry AVG
Employees
with 8 employees, this is below the industry average (29)
8 - Igk Traders Limited
29 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Igk Traders Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £94.9k, this is equally as efficient (£92.7k)
- Igk Traders Limited
£92.7k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (12 days)
- Igk Traders Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 146 days, this is slower than average (35 days)
- Igk Traders Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Igk Traders Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Igk Traders Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (68.2%)
37.7% - Igk Traders Limited
68.2% - Industry AVG
IGK TRADERS LIMITED financials
Igk Traders Limited's latest turnover from September 2023 is estimated at £759.3 thousand and the company has net assets of £364.2 thousand. According to their latest financial statements, Igk Traders Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 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 | 8 | 9 | 9 | 5 | 6 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 423,261 | 424,980 | 426,621 | 427,611 | 427,007 | 143,325 | 143,563 | 8,094 | 10,117 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,000 | 136,000 |
| 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 | 423,261 | 424,980 | 426,621 | 427,611 | 427,007 | 143,325 | 143,563 | 144,094 | 146,117 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,750 | 11,015 |
| Trade Debtors | 160,889 | 158,304 | 134,842 | 198,122 | 186,457 | 149,623 | 113,164 | 4,307 | 3,894 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,273 | 34,134 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 160,889 | 158,304 | 134,842 | 198,122 | 186,457 | 149,623 | 113,164 | 76,330 | 49,043 |
| total assets | 584,150 | 583,284 | 561,463 | 625,733 | 613,464 | 292,948 | 256,727 | 220,424 | 195,160 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 219,933 | 239,863 | 247,328 | 378,926 | 491,206 | 220,068 | 216,685 | 206,186 | 191,723 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 219,933 | 239,863 | 247,328 | 378,926 | 491,206 | 220,068 | 216,685 | 206,186 | 191,723 |
| 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 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 219,933 | 239,863 | 247,328 | 378,926 | 491,206 | 220,068 | 216,685 | 206,186 | 191,723 |
| net assets | 364,217 | 343,421 | 314,135 | 246,807 | 122,258 | 72,880 | 40,042 | 14,238 | 3,437 |
| total shareholders funds | 364,217 | 343,421 | 314,135 | 246,807 | 122,258 | 72,880 | 40,042 | 14,238 | 3,437 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,023 | 2,529 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -22,750 | 11,735 | 11,015 |
| Debtors | 2,585 | 23,462 | -63,280 | 11,665 | 36,834 | 36,459 | 108,857 | 413 | 3,894 |
| Creditors | -19,930 | -7,465 | -131,598 | -112,280 | 271,138 | 3,383 | 10,499 | 14,463 | 191,723 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -49,273 | 15,139 | 34,134 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -49,273 | 15,139 | 34,134 |
igk traders limited Credit Report and Business Information
Igk Traders Limited Competitor Analysis
Perform a competitor analysis for igk traders limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NG18 area or any other competitors across 12 key performance metrics.
igk traders limited Ownership
IGK TRADERS LIMITED group structure
Igk Traders Limited has no subsidiary companies.
Ultimate parent company
IGK TRADERS LIMITED
09255676
igk traders limited directors
Igk Traders Limited currently has 1 director, Mr Jagmohan Singh serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jagmohan Singh | United Kingdom | 71 years | Oct 2014 | - | Director |
P&L
September 2023turnover
759.3k
+5%
operating profit
27.7k
0%
gross margin
27.7%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
364.2k
+0.06%
total assets
584.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
igk traders limited company details
company number
09255676
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
accountancy solutions, office 5, mansfield business centre, mansfield, nottinghamshire, NG18 2AE
Bank
-
Legal Advisor
-
igk traders 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 igk traders limited.
igk traders 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.
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igk traders limited Companies House Filings - See Documents
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