illumin8 lights limited
illumin8 lights limited Company Information
Company Number
09785088
Next Accounts
172 days late
Shareholders
boels rental limited
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
unit 8 tabrums farm, tabrums lane, wickford, essex, SS11 7QX
Website
www.illumin8lights.co.ukillumin8 lights limited Estimated Valuation
Pomanda estimates the enterprise value of ILLUMIN8 LIGHTS LIMITED at £1.5m based on a Turnover of £2.1m and 0.71x industry multiple (adjusted for size and gross margin).
illumin8 lights limited Estimated Valuation
Pomanda estimates the enterprise value of ILLUMIN8 LIGHTS LIMITED at £4m based on an EBITDA of £1.3m and a 3.08x industry multiple (adjusted for size and gross margin).
illumin8 lights limited Estimated Valuation
Pomanda estimates the enterprise value of ILLUMIN8 LIGHTS LIMITED at £5.3m based on Net Assets of £2.3m and 2.29x industry multiple (adjusted for liquidity).
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Illumin8 Lights Limited Overview
Illumin8 Lights Limited is a live company located in wickford, SS11 7QX with a Companies House number of 09785088. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in September 2015, it's largest shareholder is boels rental limited with a 100% stake. Illumin8 Lights Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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Illumin8 Lights Limited Health Check
Pomanda's financial health check has awarded Illumin8 Lights Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£8.3m)
- Illumin8 Lights Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.8%)
- Illumin8 Lights Limited
5.8% - Industry AVG
Production
with a gross margin of 46.9%, this company has a comparable cost of product (46.9%)
- Illumin8 Lights Limited
46.9% - Industry AVG
Profitability
an operating margin of 40.9% make it more profitable than the average company (12.9%)
- Illumin8 Lights Limited
12.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (31)
11 - Illumin8 Lights Limited
31 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- Illumin8 Lights Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £194.7k, this is equally as efficient (£206.6k)
- Illumin8 Lights Limited
£206.6k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (63 days)
- Illumin8 Lights Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (50 days)
- Illumin8 Lights Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Illumin8 Lights Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 141 weeks, this is more cash available to meet short term requirements (6 weeks)
141 weeks - Illumin8 Lights Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.4%, this is a lower level of debt than the average (67.7%)
40.4% - Illumin8 Lights Limited
67.7% - Industry AVG
ILLUMIN8 LIGHTS LIMITED financials
Illumin8 Lights Limited's latest turnover from December 2022 is estimated at £2.1 million and the company has net assets of £2.3 million. According to their latest financial statements, Illumin8 Lights Limited has 11 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 11 | 8 | 8 | 8 | 8 | 8 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,331,696 | 1,296,495 | 1,094,066 | 1,429,351 | 1,161,256 | 1,129,562 | 945,611 | |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 1,331,696 | 1,296,495 | 1,094,066 | 1,429,351 | 1,161,256 | 1,129,562 | 945,611 | |
| Stock & work in progress | ||||||||
| Trade Debtors | 491,210 | 593,720 | 410,774 | 323,595 | 348,593 | 205,116 | 122,270 | |
| Group Debtors | ||||||||
| Misc Debtors | 3,279 | 1,197 | 3,218 | 1,468 | 1,091 | |||
| Cash | 2,094,138 | 1,344,867 | 548,941 | 399,884 | 267,398 | 186,919 | 153,647 | 100 |
| misc current assets | ||||||||
| total current assets | 2,585,348 | 1,938,587 | 962,994 | 724,676 | 619,209 | 393,503 | 277,008 | 100 |
| total assets | 3,917,044 | 3,235,082 | 2,057,060 | 2,154,027 | 1,780,465 | 1,523,065 | 1,222,619 | 100 |
| Bank overdraft | 250,000 | |||||||
| Bank loan | ||||||||
| Trade Creditors | 30,469 | 20,054 | 25,139 | 31,450 | 27,091 | 30,658 | 6,455 | |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | 284,269 | 258,844 | 286,688 | 371,710 | 263,844 | 194,711 | 143,494 | |
| other current liabilities | 455,050 | 726,442 | 375,090 | 344,405 | 496,380 | 576,537 | 540,768 | |
| total current liabilities | 769,788 | 1,005,340 | 936,917 | 747,565 | 787,315 | 801,906 | 690,717 | |
| loans | ||||||||
| hp & lease commitments | 494,588 | 423,330 | 379,937 | 675,958 | 580,516 | 589,484 | 495,373 | |
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 318,258 | 230,376 | 176,997 | 227,976 | 102,314 | 40,254 | ||
| total long term liabilities | 812,846 | 653,706 | 556,934 | 903,934 | 682,830 | 629,738 | 495,373 | |
| total liabilities | 1,582,634 | 1,659,046 | 1,493,851 | 1,651,499 | 1,470,145 | 1,431,644 | 1,186,090 | |
| net assets | 2,334,410 | 1,576,036 | 563,209 | 502,528 | 310,320 | 91,421 | 36,529 | 100 |
| total shareholders funds | 2,334,410 | 1,576,036 | 563,209 | 502,528 | 310,320 | 91,421 | 36,529 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 427,521 | 376,598 | 405,071 | 353,724 | 302,788 | 238,479 | 106,730 | |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -102,510 | 179,667 | 89,261 | -27,019 | 145,227 | 83,223 | 123,361 | |
| Creditors | 10,415 | -5,085 | -6,311 | 4,359 | -3,567 | 24,203 | 6,455 | |
| Accruals and Deferred Income | -271,392 | 351,352 | 30,685 | -151,975 | -80,157 | 35,769 | 540,768 | |
| Deferred Taxes & Provisions | 87,882 | 53,379 | -50,979 | 125,662 | 62,060 | 40,254 | ||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | 96,683 | 15,549 | -381,043 | 203,308 | 60,165 | 145,328 | 638,867 | |
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 749,271 | 795,926 | 149,057 | 132,486 | 80,479 | 33,272 | 153,547 | 100 |
| overdraft | -250,000 | 250,000 | ||||||
| change in cash | 749,271 | 1,045,926 | -100,943 | 132,486 | 80,479 | 33,272 | 153,547 | 100 |
illumin8 lights limited Credit Report and Business Information
Illumin8 Lights Limited Competitor Analysis
Perform a competitor analysis for illumin8 lights limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SS11 area or any other competitors across 12 key performance metrics.
illumin8 lights limited Ownership
ILLUMIN8 LIGHTS LIMITED group structure
Illumin8 Lights Limited has no subsidiary companies.
Ultimate parent company
BOELS TOPHOLDING BV
#0119346
2 parents
ILLUMIN8 LIGHTS LIMITED
09785088
illumin8 lights limited directors
Illumin8 Lights Limited currently has 4 directors. The longest serving directors include Mr Neil Fenwick (Nov 2016) and Ms Elisabeth Boels-Van Kerkom (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Fenwick | England | 57 years | Nov 2016 | - | Director |
| Ms Elisabeth Boels-Van Kerkom | Netherlands | 58 years | Mar 2024 | - | Director |
| Mr Peter Boels | England | 62 years | Mar 2024 | - | Director |
| Mr Renaldus Olsthoorn | Netherlands | 57 years | Dec 2024 | - | Director |
P&L
December 2022turnover
2.1m
-2%
operating profit
876.1k
0%
gross margin
46.9%
+3.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.3m
+0.48%
total assets
3.9m
+0.21%
cash
2.1m
+0.56%
net assets
Total assets minus all liabilities
illumin8 lights limited company details
company number
09785088
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
unit 8 tabrums farm, tabrums lane, wickford, essex, SS11 7QX
Bank
-
Legal Advisor
-
illumin8 lights 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 1 charges/mortgages relating to illumin8 lights limited. Currently there are 0 open charges and 1 have been satisfied in the past.
illumin8 lights 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 ILLUMIN8 LIGHTS LIMITED. This can take several minutes, an email will notify you when this has completed.
illumin8 lights limited Companies House Filings - See Documents
| date | description | view/download |
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