Pomanda estimates the enterprise value of I D MECHANICAL LIMITED at £47k based on a Turnover of £129.9k and 0.36x industry multiple (adjusted for size and gross margin).
i d mechanical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of I D MECHANICAL LIMITED at £0 based on an EBITDA of £-7.6k and a 3.04x industry multiple (adjusted for size and gross margin).
i d mechanical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of I D MECHANICAL LIMITED at £0 based on Net Assets of £-1.2k and 2.76x industry multiple (adjusted for liquidity).
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I D Mechanical LimitedOverview
I D Mechanical Limited is a live company located in milton keynes, MK5 8PJ with a Companies House number of 09864995. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 2015, it's largest shareholder is
david bancks
with a 50% stake. I D Mechanical Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£129.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded I D Mechanical Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £129.9k, make it smaller than the average company (£386.7k)
£129.9k - I D Mechanical Limited
£386.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.1%)
-13% - I D Mechanical Limited
3.1% - Industry AVG
Production
with a gross margin of 18%, this company has a higher cost of product (28.4%)
18% - I D Mechanical Limited
28.4% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (6.8%)
-5.8% - I D Mechanical Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - I D Mechanical Limited
5 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
£33k - I D Mechanical Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £65k, this is less efficient (£116.4k)
£65k - I D Mechanical Limited
£116.4k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (61 days)
106 days - I D Mechanical Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (46 days)
87 days - I D Mechanical Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - I D Mechanical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - I D Mechanical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (64.3%)
101.9% - I D Mechanical Limited
64.3% - Industry AVG
I D MECHANICAL LIMITED financials
EXPORT
I D Mechanical Limited's latest turnover from November 2022 is estimated at £129.9 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, I D Mechanical Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Turnover
129,916
145,050
228,486
199,525
221,868
209,274
238,564
Other Income Or Grants
Cost Of Sales
106,506
120,333
185,111
162,812
176,647
164,088
186,216
Gross Profit
23,410
24,717
43,375
36,713
45,221
45,186
52,348
Admin Expenses
30,983
18,792
41,977
36,593
51,916
68,765
14,210
Operating Profit
-7,573
5,925
1,398
120
-6,695
-23,579
38,138
Interest Payable
Interest Receivable
77
38
Pre-Tax Profit
-7,573
5,925
1,398
120
-6,695
-23,502
38,176
Tax
-1,126
-266
-23
-7,635
Profit After Tax
-7,573
4,799
1,132
97
-6,695
-23,502
30,541
Dividends Paid
Retained Profit
-7,573
4,799
1,132
97
-6,695
-23,502
30,541
Employee Costs
65,982
65,302
66,337
67,019
69,911
64,343
71,733
Number Of Employees
2
2
2
2
2
2
2
EBITDA*
-7,573
5,925
1,398
120
-6,695
-23,579
40,024
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Tangible Assets
24,922
37,668
50,414
9,000
15,772
5,658
7,544
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
24,922
37,668
50,414
9,000
15,772
5,658
7,544
Stock & work in progress
Trade Debtors
37,947
49,494
50,117
51,645
52,646
52,823
54,092
Group Debtors
Misc Debtors
Cash
30,660
misc current assets
total current assets
37,947
49,494
50,117
51,645
52,646
52,823
84,752
total assets
62,869
87,162
100,531
60,645
68,418
58,481
92,296
Bank overdraft
Bank loan
Trade Creditors
25,569
31,806
91,352
59,899
65,939
47,477
61,655
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
25,569
31,806
91,352
59,899
65,939
47,477
61,655
loans
hp & lease commitments
Accruals and Deferred Income
2,062
2,062
other liabilities
36,439
46,922
7,606
305
2,135
3,965
provisions
total long term liabilities
38,501
48,984
7,606
305
2,135
3,965
total liabilities
64,070
80,790
98,958
60,204
68,074
51,442
61,655
net assets
-1,201
6,372
1,573
441
344
7,039
30,641
total shareholders funds
-1,201
6,372
1,573
441
344
7,039
30,641
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Operating Activities
Operating Profit
-7,573
5,925
1,398
120
-6,695
-23,579
38,138
Depreciation
1,886
Amortisation
Tax
-1,126
-266
-23
-7,635
Stock
Debtors
-11,547
-623
-1,528
-1,001
-177
-1,269
54,092
Creditors
-6,237
-59,546
31,453
-6,040
18,462
-14,178
61,655
Accruals and Deferred Income
2,062
Deferred Taxes & Provisions
Cash flow from operations
-2,263
-52,062
34,113
-4,942
11,944
-36,488
39,952
Investing Activities
capital expenditure
12,746
12,746
-41,414
6,772
-10,114
1,886
-9,430
Change in Investments
cash flow from investments
12,746
12,746
-41,414
6,772
-10,114
1,886
-9,430
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,483
39,316
7,301
-1,830
-1,830
3,965
share issue
-100
100
interest
77
38
cash flow from financing
-10,483
39,316
7,301
-1,830
-1,830
3,942
138
cash and cash equivalents
cash
-30,660
30,660
overdraft
change in cash
-30,660
30,660
i d mechanical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for i d mechanical limited. Get real-time insights into i d mechanical limited's credit score, group structure and payment trends.
Perform a competitor analysis for i d mechanical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK5 area or any other competitors across 12 key performance metrics.
i d mechanical limited Ownership
I D MECHANICAL LIMITED group structure
I D Mechanical Limited has no subsidiary companies.
Ultimate parent company
I D MECHANICAL LIMITED
09864995
I D MECHANICAL LIMITED Shareholders
The largest shareholders in I D Mechanical Limited include David Bancks and Ian Brown.
david bancks
50%
ian brown
50%
i d mechanical limited directors
I D Mechanical Limited currently has 2 directors.
The longest serving directors include
Mr David Bancks (Nov 2015) and
Mr Ian Brown (Nov 2015).
43220 - Plumbing, heat and air-conditioning installation
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
1 radian court, knowlhill, milton keynes, MK5 8PJ
Bank
-
Legal Advisor
-
i d mechanical 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 i d mechanical limited.
i d mechanical 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.
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i d mechanical limitedCompanies House Filings - See Documents
