igs developments limited
igs developments limited Company Information
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
lime court, pathfields business park, south molton, devon, EX36 3LH
Website
-igs developments limited Estimated Valuation
Pomanda estimates the enterprise value of IGS DEVELOPMENTS LIMITED at £26.5k based on a Turnover of £73.4k and 0.36x industry multiple (adjusted for size and gross margin).
igs developments limited Estimated Valuation
Pomanda estimates the enterprise value of IGS DEVELOPMENTS LIMITED at £303.3k based on an EBITDA of £93.3k and a 3.25x industry multiple (adjusted for size and gross margin).
igs developments limited Estimated Valuation
Pomanda estimates the enterprise value of IGS DEVELOPMENTS LIMITED at £0 based on Net Assets of £-18.9k and 1.34x industry multiple (adjusted for liquidity).
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Igs Developments Limited Overview
Igs Developments Limited is a live company located in south molton, EX36 3LH with a Companies House number of 09409784. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2015, it's largest shareholder is ian sefi with a 100% stake. Igs Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £73.4k with declining growth in recent years.
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Igs Developments Limited Health Check
Pomanda's financial health check has awarded Igs Developments Limited a 3 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 £73.4k, make it smaller than the average company (£446.6k)
- Igs Developments Limited
£446.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (10.1%)
- Igs Developments Limited
10.1% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Igs Developments Limited
20.7% - Industry AVG
Profitability
an operating margin of 125.3% make it more profitable than the average company (5.4%)
- Igs Developments Limited
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Igs Developments Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Igs Developments Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £73.4k, this is less efficient (£196.7k)
- Igs Developments Limited
£196.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Igs Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (30 days)
- Igs Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Igs Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (14 weeks)
40 weeks - Igs Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 186.6%, this is a higher level of debt than the average (71.7%)
186.6% - Igs Developments Limited
71.7% - Industry AVG
IGS DEVELOPMENTS LIMITED financials
Igs Developments Limited's latest turnover from January 2024 is estimated at £73.4 thousand and the company has net assets of -£18.9 thousand. According to their latest financial statements, Igs Developments Limited has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,840 | 5,390 | 6,806 | 9,015 | 11,864 | 15,126 | |||
| Intangible Assets | |||||||||
| Investments & Other | 6,491 | 21,406 | 16,849 | 10,632 | |||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 12,331 | 26,796 | 23,655 | 19,647 | 11,864 | 15,126 | |||
| Stock & work in progress | 466,516 | 352,576 | 201,004 | 126,956 | 571,686 | 384,988 | 131,767 | 126,956 | |
| Trade Debtors | 14,775 | 4,231 | 248 | 142 | |||||
| Group Debtors | |||||||||
| Misc Debtors | 7,345 | 10,161 | 21,858 | 19,226 | 50,000 | ||||
| Cash | 2,179 | 1,307 | 179 | 59 | 1,099 | 1,057 | 3,660 | 600 | 262 |
| misc current assets | 4,155 | 765 | |||||||
| total current assets | 9,524 | 477,984 | 371,685 | 206,059 | 128,303 | 594,601 | 407,874 | 182,367 | 127,360 |
| total assets | 21,855 | 504,780 | 395,340 | 225,706 | 140,167 | 609,727 | 407,874 | 182,367 | 127,360 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 355 | 3,513 | 615 | ||||||
| Group/Directors Accounts | 43,929 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 2,469 | 1,645 | 1,840 | 1,372 | 49,044 | 70,552 | 23,519 | 51,594 | 500 |
| total current liabilities | 2,824 | 1,645 | 5,353 | 1,372 | 49,044 | 70,552 | 67,448 | 51,594 | 1,115 |
| loans | 37,963 | 162,001 | 50,000 | 50,000 | |||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 420,644 | 404,509 | 210,900 | 120,052 | 604,143 | 350,836 | 133,826 | 127,821 | |
| provisions | 2,254 | 2,874 | |||||||
| total long term liabilities | 37,963 | 582,645 | 454,509 | 260,900 | 122,306 | 607,017 | 350,836 | 133,826 | 127,821 |
| total liabilities | 40,787 | 584,290 | 459,862 | 262,272 | 171,350 | 677,569 | 418,284 | 185,420 | 128,936 |
| net assets | -18,932 | -79,510 | -64,522 | -36,566 | -31,183 | -67,842 | -10,410 | -3,053 | -1,576 |
| total shareholders funds | -18,932 | -79,510 | -64,522 | -36,566 | -31,183 | -67,842 | -10,410 | -3,053 | -1,576 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,407 | 1,680 | 2,209 | 2,925 | 3,873 | 5,042 | |||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -466,516 | 113,940 | 151,572 | 74,048 | -444,730 | 186,698 | 253,221 | 4,811 | 126,956 |
| Debtors | -2,816 | -4,614 | 10,544 | 3,983 | -21,610 | 2,632 | -30,774 | 49,858 | 142 |
| Creditors | 355 | -3,513 | 3,513 | -615 | 615 | ||||
| Accruals and Deferred Income | 824 | -195 | 468 | -47,672 | -21,508 | 47,033 | -28,075 | 51,094 | 500 |
| Deferred Taxes & Provisions | -2,254 | -620 | 2,874 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -14,915 | 4,557 | 6,217 | 10,632 | |||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -43,929 | 43,929 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | -124,038 | 112,001 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -420,644 | 16,135 | 193,609 | 90,848 | -484,091 | 253,307 | 217,010 | 6,005 | 127,821 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 872 | 1,128 | 120 | -1,040 | 42 | -2,603 | 3,060 | 338 | 262 |
| overdraft | |||||||||
| change in cash | 872 | 1,128 | 120 | -1,040 | 42 | -2,603 | 3,060 | 338 | 262 |
igs developments limited Credit Report and Business Information
Igs Developments Limited Competitor Analysis
Perform a competitor analysis for igs developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EX36 area or any other competitors across 12 key performance metrics.
igs developments limited Ownership
IGS DEVELOPMENTS LIMITED group structure
Igs Developments Limited has no subsidiary companies.
Ultimate parent company
IGS DEVELOPMENTS LIMITED
09409784
igs developments limited directors
Igs Developments Limited currently has 1 director, Mr Ian Sefi serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Sefi | United Kingdom | 64 years | Jan 2015 | - | Director |
P&L
January 2024turnover
73.4k
-79%
operating profit
91.9k
0%
gross margin
20.7%
+0.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-18.9k
-0.76%
total assets
21.9k
-0.96%
cash
2.2k
+0.67%
net assets
Total assets minus all liabilities
igs developments limited company details
company number
09409784
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
AZETS
auditor
-
address
lime court, pathfields business park, south molton, devon, EX36 3LH
Bank
-
Legal Advisor
-
igs developments 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 4 charges/mortgages relating to igs developments limited. Currently there are 0 open charges and 4 have been satisfied in the past.
igs developments 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 IGS DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
igs developments limited Companies House Filings - See Documents
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