immaterial ltd
immaterial ltd Company Information
Company Number
09829727
Next Accounts
Jan 2026
Shareholders
david fairen-jimenez
immaterial limited treasury
View AllGroup Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
25 cambridge science park, milton road, cambridge, CB4 0FW
Website
immaterial.comimmaterial ltd Estimated Valuation
Pomanda estimates the enterprise value of IMMATERIAL LTD at £4.8m based on a Turnover of £3.8m and 1.27x industry multiple (adjusted for size and gross margin).
immaterial ltd Estimated Valuation
Pomanda estimates the enterprise value of IMMATERIAL LTD at £0 based on an EBITDA of £-1.7m and a 6.03x industry multiple (adjusted for size and gross margin).
immaterial ltd Estimated Valuation
Pomanda estimates the enterprise value of IMMATERIAL LTD at £22.6m based on Net Assets of £11.7m and 1.93x industry multiple (adjusted for liquidity).
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Immaterial Ltd Overview
Immaterial Ltd is a live company located in cambridge, CB4 0FW with a Companies House number of 09829727. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in October 2015, it's largest shareholder is david fairen-jimenez with a 20.9% stake. Immaterial Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.8m with rapid growth in recent years.
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Immaterial Ltd Health Check
Pomanda's financial health check has awarded Immaterial Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.8m, make it in line with the average company (£4.3m)
- Immaterial Ltd
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 69%, show it is growing at a faster rate (7.4%)
- Immaterial Ltd
7.4% - Industry AVG
Production
with a gross margin of 48.6%, this company has a comparable cost of product (48.6%)
- Immaterial Ltd
48.6% - Industry AVG
Profitability
an operating margin of -49.3% make it less profitable than the average company (2.3%)
- Immaterial Ltd
2.3% - Industry AVG
Employees
with 26 employees, this is below the industry average (45)
26 - Immaterial Ltd
45 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)
- Immaterial Ltd
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £144.8k, this is more efficient (£125.1k)
- Immaterial Ltd
£125.1k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (54 days)
- Immaterial Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (42 days)
- Immaterial Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Immaterial Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 503 weeks, this is more cash available to meet short term requirements (34 weeks)
503 weeks - Immaterial Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9%, this is a lower level of debt than the average (40.7%)
9% - Immaterial Ltd
40.7% - Industry AVG
IMMATERIAL LTD financials
Immaterial Ltd's latest turnover from April 2024 is estimated at £3.8 million and the company has net assets of £11.7 million. According to their latest financial statements, Immaterial Ltd has 26 employees and maintains cash reserves of £10 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | 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 | 26 | 22 | 14 | 9 | 5 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 672,924 | 239,410 | 322,761 | 130,468 | 4,736 | 1,711 | 639 | 705 |
| Intangible Assets | 273,298 | 194,642 | 177,053 | 147,036 | 109,351 | |||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 946,222 | 434,052 | 499,814 | 277,504 | 114,087 | 1,711 | 639 | 705 |
| Stock & work in progress | ||||||||
| Trade Debtors | 778,479 | 39,782 | 37,574 | 4,899 | ||||
| Group Debtors | ||||||||
| Misc Debtors | 1,179,112 | 704,277 | 668,913 | 479,828 | 201,672 | 141,696 | 16,089 | 8,473 |
| Cash | 10,004,113 | 311,477 | 359,590 | 311,274 | 324,647 | 116,134 | 6,449 | 28,657 |
| misc current assets | ||||||||
| total current assets | 11,961,704 | 1,055,536 | 1,028,503 | 791,102 | 526,319 | 257,830 | 60,112 | 42,029 |
| total assets | 12,907,926 | 1,489,588 | 1,528,317 | 1,068,606 | 640,406 | 259,541 | 60,751 | 42,734 |
| Bank overdraft | 10,000 | 10,000 | 15,000 | 9,167 | ||||
| Bank loan | ||||||||
| Trade Creditors | 463,920 | 286,717 | 289,441 | 59,483 | 3,529 | 14,300 | ||
| Group/Directors Accounts | ||||||||
| other short term finances | 34,119 | |||||||
| hp & lease commitments | ||||||||
| other current liabilities | 525,403 | 389,212 | 233,038 | 467,233 | 191,438 | 3,382 | 6,148 | 42,157 |
| total current liabilities | 1,033,442 | 685,929 | 537,479 | 535,883 | 194,967 | 17,682 | 6,148 | 42,157 |
| loans | 104,781 | 175,790 | 185,790 | 40,833 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 5,000 | 10,000 | 76,775 | 90,000 | ||||
| provisions | 25,000 | 141 | ||||||
| total long term liabilities | 129,781 | 175,790 | 185,790 | 45,833 | 10,000 | 76,775 | 90,000 | 141 |
| total liabilities | 1,163,223 | 861,719 | 723,269 | 581,716 | 204,967 | 94,457 | 96,148 | 42,298 |
| net assets | 11,744,703 | 627,869 | 805,048 | 486,890 | 435,439 | 165,084 | -35,397 | 436 |
| total shareholders funds | 11,744,703 | 627,869 | 805,048 | 486,890 | 435,439 | 165,084 | -35,397 | 436 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 154,280 | 108,583 | 78,363 | 22,793 | 1,361 | 406 | 420 | 235 |
| Amortisation | 18,043 | 14,903 | 11,814 | 9,340 | 3,818 | |||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 1,213,532 | 75,146 | 189,085 | 278,156 | 59,976 | 88,033 | 53,663 | 13,372 |
| Creditors | 177,203 | -2,724 | 229,958 | 55,954 | -10,771 | 14,300 | ||
| Accruals and Deferred Income | 136,191 | 156,174 | -234,195 | 275,795 | 188,056 | -2,766 | 6,148 | 42,157 |
| Deferred Taxes & Provisions | 25,000 | 141 | ||||||
| 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 | 34,119 | |||||||
| Long term loans | -71,009 | -10,000 | 144,957 | 40,833 | ||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -5,000 | -5,000 | -66,775 | -13,225 | 90,000 | |||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 9,692,636 | -48,113 | 48,316 | -13,373 | 208,513 | 109,685 | 6,449 | 28,657 |
| overdraft | -5,000 | 5,833 | 9,167 | |||||
| change in cash | 9,692,636 | -43,113 | 42,483 | -22,540 | 208,513 | 109,685 | 6,449 | 28,657 |
immaterial ltd Credit Report and Business Information
Immaterial Ltd Competitor Analysis
Perform a competitor analysis for immaterial ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CB4 area or any other competitors across 12 key performance metrics.
immaterial ltd Ownership
IMMATERIAL LTD group structure
Immaterial Ltd has no subsidiary companies.
Ultimate parent company
IMMATERIAL LTD
09829727
immaterial ltd directors
Immaterial Ltd currently has 8 directors. The longest serving directors include Dr David Fairen Jimenez (Oct 2015) and Mr Jogchum Brinksma (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr David Fairen Jimenez | England | 45 years | Oct 2015 | - | Director |
| Mr Jogchum Brinksma | England | 55 years | Dec 2018 | - | Director |
| Mr Ate Visser | England | 68 years | Dec 2020 | - | Director |
| Mr Mohammed Khan | England | 53 years | Apr 2022 | - | Director |
| Mr Mohammed Khan | England | 53 years | Apr 2022 | - | Director |
| Mr Alan Nelson | United States | 50 years | Aug 2023 | - | Director |
| Belen Corell | Spain | 49 years | Apr 2024 | - | Director |
| Mr Kevin Eggers | United Kingdom | 43 years | Sep 2024 | - | Director |
P&L
April 2024turnover
3.8m
+158%
operating profit
-1.9m
0%
gross margin
48.7%
-0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
11.7m
+17.71%
total assets
12.9m
+7.67%
cash
10m
+31.12%
net assets
Total assets minus all liabilities
immaterial ltd company details
company number
09829727
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2024
previous names
immaterial labs ltd (March 2020)
accountant
PETERS ELWORTHY & MOORE
auditor
-
address
25 cambridge science park, milton road, cambridge, CB4 0FW
Bank
-
Legal Advisor
-
immaterial 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 found 1 charges/mortgages relating to immaterial ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
immaterial ltd 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 IMMATERIAL LTD. This can take several minutes, an email will notify you when this has completed.
immaterial ltd Companies House Filings - See Documents
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