itar limited
itar limited Company Information
Company Number
09458756
Website
itarguitar.comRegistered Address
2a the quadrant, epsom, KT17 4RH
Industry
Manufacture of other electrical equipment
Telephone
02075805543
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
william stanley bungay 43.3%
wcs nominees ltd 24.7%
View Allitar limited Estimated Valuation
Pomanda estimates the enterprise value of ITAR LIMITED at £59.4k based on a Turnover of £105.5k and 0.56x industry multiple (adjusted for size and gross margin).
itar limited Estimated Valuation
Pomanda estimates the enterprise value of ITAR LIMITED at £0 based on an EBITDA of £-70.4k and a 4.21x industry multiple (adjusted for size and gross margin).
itar limited Estimated Valuation
Pomanda estimates the enterprise value of ITAR LIMITED at £0 based on Net Assets of £-306.1k and 2.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Itar Limited Overview
Itar Limited is a live company located in epsom, KT17 4RH with a Companies House number of 09458756. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in February 2015, it's largest shareholder is william stanley bungay with a 43.3% stake. Itar Limited is a young, micro sized company, Pomanda has estimated its turnover at £105.5k with declining growth in recent years.
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Itar Limited Health Check
Pomanda's financial health check has awarded Itar Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £105.5k, make it smaller than the average company (£12.3m)
- Itar Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.5%)
- Itar Limited
3.5% - Industry AVG
Production
with a gross margin of 23.4%, this company has a higher cost of product (34.6%)
- Itar Limited
34.6% - Industry AVG
Profitability
an operating margin of -66.7% make it less profitable than the average company (6.7%)
- Itar Limited
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (74)
2 - Itar Limited
74 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Itar Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £52.8k, this is less efficient (£168.4k)
- Itar Limited
£168.4k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (66 days)
- Itar Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (50 days)
- Itar Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Itar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Itar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9974.6%, this is a higher level of debt than the average (42.6%)
9974.6% - Itar Limited
42.6% - Industry AVG
ITAR LIMITED financials
Itar Limited's latest turnover from February 2023 is estimated at £105.5 thousand and the company has net assets of -£306.1 thousand. According to their latest financial statements, Itar Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 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 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,100 | 21,069 | 9,550 | 6,753 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 32,289 | 2,699 |
| Cash | 0 | 0 | 0 | 0 | 12,201 | 6,467 | 2,945 | 22,903 |
| misc current assets | 0 | 0 | 0 | 0 | 658 | 534 | 359 | 0 |
| total current assets | 3,100 | 21,069 | 9,550 | 6,753 | 12,859 | 7,001 | 35,593 | 25,602 |
| total assets | 3,100 | 21,069 | 9,550 | 6,753 | 12,859 | 7,001 | 35,593 | 25,602 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,213 | 20,792 | 29,516 | 37,922 | 9,818 | 8,208 | 5,099 | 7,152 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| total current liabilities | 29,213 | 20,792 | 29,516 | 37,922 | 9,821 | 8,208 | 5,099 | 7,152 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| other liabilities | 280,000 | 236,000 | 192,000 | 115,000 | 85,000 | 70,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 280,000 | 236,000 | 192,000 | 115,001 | 85,000 | 70,000 | 0 | 0 |
| total liabilities | 309,213 | 256,792 | 221,516 | 152,923 | 94,821 | 78,208 | 5,099 | 7,152 |
| net assets | -306,113 | -235,723 | -211,966 | -146,170 | -81,962 | -71,207 | 30,494 | 18,450 |
| total shareholders funds | -306,113 | -235,723 | -211,966 | -146,170 | -81,962 | -71,207 | 30,494 | 18,450 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -17,969 | 11,519 | 2,797 | 6,753 | 0 | -32,289 | 29,590 | 2,699 |
| Creditors | 8,421 | -8,724 | -8,406 | 28,104 | 1,610 | 3,109 | -2,053 | 7,152 |
| Accruals and Deferred Income | 0 | 0 | -1 | -2 | 3 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 44,000 | 44,000 | 77,000 | 30,000 | 15,000 | 70,000 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | -12,201 | 5,734 | 3,522 | -19,958 | 22,903 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -12,201 | 5,734 | 3,522 | -19,958 | 22,903 |
itar limited Credit Report and Business Information
Itar Limited Competitor Analysis
Perform a competitor analysis for itar limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in KT17 area or any other competitors across 12 key performance metrics.
itar limited Ownership
ITAR LIMITED group structure
Itar Limited has no subsidiary companies.
Ultimate parent company
ITAR LIMITED
09458756
itar limited directors
Itar Limited currently has 3 directors. The longest serving directors include Mr Harvey Starr (Nov 2015) and Mr William Bungay (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harvey Starr | England | 73 years | Nov 2015 | - | Director |
| Mr William Bungay | England | 60 years | Mar 2020 | - | Director |
| Mr William Bungay | England | 60 years | Mar 2020 | - | Director |
P&L
February 2023turnover
105.5k
-20%
operating profit
-70.4k
0%
gross margin
23.4%
-4.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-306.1k
+0.3%
total assets
3.1k
-0.85%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
itar limited company details
company number
09458756
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
February 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
2a the quadrant, epsom, KT17 4RH
accountant
-
auditor
-
itar 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 itar limited.
itar limited Companies House Filings - See Documents
| date | description | view/download |
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