ibeani ltd
ibeani ltd Company Information
Company Number
09827661
Website
www.ibeani.co.ukRegistered Address
35 sherwood street warsop, mansfield, nottinghamshire, NG20 0JR
Industry
Wholesale of textiles
Retail sale of textiles in specialised stores
Telephone
01623844086
Next Accounts Due
51 days late
Group Structure
View All
Shareholders
aaron pauk 50%
ashley carl freer 25%
View Allibeani ltd Estimated Valuation
Pomanda estimates the enterprise value of IBEANI LTD at £41.3k based on a Turnover of £113.5k and 0.36x industry multiple (adjusted for size and gross margin).
ibeani ltd Estimated Valuation
Pomanda estimates the enterprise value of IBEANI LTD at £0 based on an EBITDA of £-6 and a 3.34x industry multiple (adjusted for size and gross margin).
ibeani ltd Estimated Valuation
Pomanda estimates the enterprise value of IBEANI LTD at £61 based on Net Assets of £96 and 0.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ibeani Ltd Overview
Ibeani Ltd is a live company located in nottinghamshire, NG20 0JR with a Companies House number of 09827661. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in October 2015, it's largest shareholder is aaron pauk with a 50% stake. Ibeani Ltd is a young, micro sized company, Pomanda has estimated its turnover at £113.5k with rapid growth in recent years.
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Ibeani Ltd Health Check
Pomanda's financial health check has awarded Ibeani Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £113.5k, make it smaller than the average company (£7m)
- Ibeani Ltd
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 518%, show it is growing at a faster rate (3.5%)
- Ibeani Ltd
3.5% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (37%)
- Ibeani Ltd
37% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.8%)
- Ibeani Ltd
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Ibeani Ltd
31 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- Ibeani Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £56.7k, this is less efficient (£208.2k)
- Ibeani Ltd
£208.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (44 days)
- Ibeani Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 284 days, this is slower than average (38 days)
- Ibeani Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ibeani Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ibeani Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (70.1%)
99.9% - Ibeani Ltd
70.1% - Industry AVG
IBEANI LTD financials
Ibeani Ltd's latest turnover from October 2022 is estimated at £113.5 thousand and the company has net assets of £96. According to their latest financial statements, Ibeani Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 63,650 | 63,650 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 63,650 | 63,650 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,199 | 100 | 100 | 100 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,199 | 100 | 100 | 100 | 0 | 0 | 0 |
| total assets | 65,849 | 63,750 | 100 | 100 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 65,753 | 63,648 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 65,753 | 63,648 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 65,753 | 63,648 | 0 | 0 | 0 | 0 | 0 |
| net assets | 96 | 102 | 100 | 100 | 0 | 0 | 0 |
| total shareholders funds | 96 | 102 | 100 | 100 | 0 | 0 | 0 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,099 | 0 | 0 | 100 | 0 | 0 | 0 |
| Creditors | 2,105 | 63,648 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 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 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ibeani ltd Credit Report and Business Information
Ibeani Ltd Competitor Analysis
Perform a competitor analysis for ibeani ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG20 area or any other competitors across 12 key performance metrics.
ibeani ltd Ownership
IBEANI LTD group structure
Ibeani Ltd has no subsidiary companies.
Ultimate parent company
IBEANI LTD
09827661
ibeani ltd directors
Ibeani Ltd currently has 2 directors. The longest serving directors include Mr Ashley Freer (Oct 2015) and Mr Aaron Pauk (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Freer | United Kingdom | 36 years | Oct 2015 | - | Director |
| Mr Aaron Pauk | United Kingdom | 41 years | Apr 2024 | - | Director |
P&L
October 2022turnover
113.5k
-13%
operating profit
-6
0%
gross margin
25.8%
+20.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
96
-0.06%
total assets
65.8k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
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ibeani ltd company details
company number
09827661
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
47510 - Retail sale of textiles in specialised stores
incorporation date
October 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2022
address
35 sherwood street warsop, mansfield, nottinghamshire, NG20 0JR
accountant
-
auditor
-
ibeani ltd 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 ibeani ltd.
ibeani ltd Companies House Filings - See Documents
| date | description | view/download |
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