interex limited
interex limited Company Information
Company Number
09855644
Website
www.interex.co.ukRegistered Address
17 dominion street, london, EC2M 2EF
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
441449721700
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
interex recruitment group ltd 90%
iris fraser 10%
interex limited Estimated Valuation
Pomanda estimates the enterprise value of INTEREX LIMITED at £12.4m based on a Turnover of £42.5m and 0.29x industry multiple (adjusted for size and gross margin).
interex limited Estimated Valuation
Pomanda estimates the enterprise value of INTEREX LIMITED at £0 based on an EBITDA of £-284.9k and a 5.2x industry multiple (adjusted for size and gross margin).
interex limited Estimated Valuation
Pomanda estimates the enterprise value of INTEREX LIMITED at £2m based on Net Assets of £1.1m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Interex Limited Overview
Interex Limited is a live company located in london, EC2M 2EF with a Companies House number of 09855644. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in November 2015, it's largest shareholder is interex recruitment group ltd with a 90% stake. Interex Limited is a young, large sized company, Pomanda has estimated its turnover at £42.5m with unknown growth in recent years.
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Interex Limited Health Check
Pomanda's financial health check has awarded Interex Limited 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 £42.5m, make it larger than the average company (£6.1m)
£42.5m - Interex Limited
£6.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Interex Limited
- - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (25.9%)
17.3% - Interex Limited
25.9% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (4.7%)
-1% - Interex Limited
4.7% - Industry AVG
Employees
with 72 employees, this is above the industry average (32)
72 - Interex Limited
32 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- Interex Limited
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £591k, this is more efficient (£170.5k)
£591k - Interex Limited
£170.5k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (47 days)
71 days - Interex Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (8 days)
5 days - Interex Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Interex Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Interex Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (66.6%)
89.6% - Interex Limited
66.6% - Industry AVG
INTEREX LIMITED financials
Interex Limited's latest turnover from April 2023 is £42.5 million and the company has net assets of £1.1 million. According to their latest financial statements, Interex Limited has 72 employees and maintains cash reserves of £155.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 42,549,177 | ||||||
| Other Income Or Grants | 0 | ||||||
| Cost Of Sales | 35,171,598 | ||||||
| Gross Profit | 7,377,579 | ||||||
| Admin Expenses | 7,807,137 | ||||||
| Operating Profit | -429,558 | ||||||
| Interest Payable | 103,251 | ||||||
| Interest Receivable | 2 | ||||||
| Pre-Tax Profit | -532,807 | ||||||
| Tax | 31,536 | ||||||
| Profit After Tax | -501,271 | ||||||
| Dividends Paid | 0 | ||||||
| Retained Profit | -501,271 | ||||||
| Employee Costs | |||||||
| Number Of Employees | 72 | 42 | 24 | 13 | 10 | 6 | 5 |
| EBITDA* | -284,915 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 433,931 | 351,998 | 343,085 | 81,223 | 53,439 | 26,884 | 4,351 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 300 | 300 | 300 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 434,231 | 352,298 | 343,385 | 81,223 | 53,439 | 26,884 | 4,351 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,281,320 | 7,680,647 | 3,178,849 | 1,304,714 | 1,338,294 | 333,963 | 17,581 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,033,736 | 424,054 | 202,434 | 107,831 | 54,808 | 81,768 | 1,172 |
| Cash | 155,852 | 350,065 | 183,220 | 358,758 | 69,363 | 99,972 | 20,320 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,470,908 | 8,454,766 | 3,564,503 | 1,771,303 | 1,462,465 | 515,703 | 39,073 |
| total assets | 10,905,139 | 8,807,064 | 3,907,888 | 1,852,526 | 1,515,904 | 542,587 | 43,424 |
| Bank overdraft | 0 | 0 | 0 | 594,579 | 0 | 0 | 0 |
| Bank loan | 49,250 | 113,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 512,309 | 553,965 | 42,884 | 55,645 | 537,332 | 131,513 | 920 |
| Group/Directors Accounts | 155,769 | 155,769 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 2,647,030 | 1,075,857 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,929,716 | 3,534,329 | 1,798,022 | 610,300 | 761,438 | 193,400 | 36,854 |
| total current liabilities | 9,647,044 | 7,004,093 | 2,916,763 | 1,260,524 | 1,298,770 | 324,913 | 37,774 |
| loans | 81,667 | 130,917 | 310,000 | 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 | 36,444 | 30,799 | 15,432 | 15,432 | 0 | 0 | 0 |
| total long term liabilities | 118,111 | 161,716 | 325,432 | 15,432 | 0 | 0 | 0 |
| total liabilities | 9,765,155 | 7,165,809 | 3,242,195 | 1,275,956 | 1,298,770 | 324,913 | 37,774 |
| net assets | 1,139,984 | 1,641,255 | 665,693 | 576,570 | 217,134 | 217,674 | 5,650 |
| total shareholders funds | 1,139,984 | 1,641,255 | 665,693 | 576,570 | 217,134 | 217,674 | 5,650 |
| Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -429,558 | ||||||
| Depreciation | 144,643 | 103,998 | 72,015 | 17,690 | 15,239 | 3,651 | 1,130 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 31,536 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,210,355 | 4,723,418 | 3,381,283 | 19,443 | 977,371 | 396,978 | 18,753 |
| Creditors | -41,656 | 511,081 | 42,884 | -481,687 | 405,819 | 130,593 | 920 |
| Accruals and Deferred Income | 5,395,387 | 1,736,307 | 1,798,022 | -151,138 | 568,038 | 156,546 | 36,854 |
| Deferred Taxes & Provisions | 5,645 | 15,367 | 15,432 | 15,432 | 0 | 0 | 0 |
| Cash flow from operations | 2,895,642 | ||||||
| Investing Activities | |||||||
| capital expenditure | 0 | ||||||
| Change in Investments | 0 | 0 | 300 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | ||||||
| Financing Activities | |||||||
| Bank loans | -63,750 | 113,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 155,769 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -2,647,030 | 1,571,173 | 1,075,857 | 0 | 0 | 0 | 0 |
| Long term loans | -49,250 | -179,083 | 310,000 | 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 | -103,249 | ||||||
| cash flow from financing | -2,863,279 | ||||||
| cash and cash equivalents | |||||||
| cash | -194,213 | 166,845 | 183,220 | 289,395 | -30,609 | 79,652 | 20,320 |
| overdraft | 0 | 0 | 0 | 594,579 | 0 | 0 | 0 |
| change in cash | -194,213 | 166,845 | 183,220 | -305,184 | -30,609 | 79,652 | 20,320 |
interex limited Credit Report and Business Information
Interex Limited Competitor Analysis
Perform a competitor analysis for interex limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC2M area or any other competitors across 12 key performance metrics.
interex limited Ownership
INTEREX LIMITED group structure
Interex Limited has no subsidiary companies.
interex limited directors
Interex Limited currently has 2 directors. The longest serving directors include Mr Jamie Fraser (Oct 2016) and Ms Iris Fraser (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jamie Fraser | United Kingdom | 31 years | Oct 2016 | - | Director |
| Ms Iris Fraser | 63 years | Oct 2021 | - | Director |
P&L
April 2023turnover
42.5m
0%
operating profit
-429.6k
0%
gross margin
17.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1m
-0.31%
total assets
10.9m
+0.24%
cash
155.9k
-0.55%
net assets
Total assets minus all liabilities
interex limited company details
company number
09855644
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
BAKER CLARKE FDV LIMITED
address
17 dominion street, london, EC2M 2EF
Bank
-
Legal Advisor
-
interex 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 5 charges/mortgages relating to interex limited. Currently there are 5 open charges and 0 have been satisfied in the past.
interex limited Companies House Filings - See Documents
| date | description | view/download |
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