iovation limited
iovation limited Company Information
Company Number
09906028
Website
-Registered Address
one park lane, leeds, west yorkshire, LS3 1EP
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
transunion 100%
iovation limited Estimated Valuation
Pomanda estimates the enterprise value of IOVATION LIMITED at £897.4k based on a Turnover of £1.6m and 0.58x industry multiple (adjusted for size and gross margin).
iovation limited Estimated Valuation
Pomanda estimates the enterprise value of IOVATION LIMITED at £650.5k based on an EBITDA of £144.1k and a 4.51x industry multiple (adjusted for size and gross margin).
iovation limited Estimated Valuation
Pomanda estimates the enterprise value of IOVATION LIMITED at £788.5k based on Net Assets of £347.7k and 2.27x industry multiple (adjusted for liquidity).
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Iovation Limited Overview
Iovation Limited is a live company located in west yorkshire, LS3 1EP with a Companies House number of 09906028. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2015, it's largest shareholder is transunion with a 100% stake. Iovation Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Iovation Limited Health Check
Pomanda's financial health check has awarded Iovation Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£3.8m)
£1.6m - Iovation Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (3%)
-19% - Iovation Limited
3% - Industry AVG
Production
with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)
38.9% - Iovation Limited
38.9% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (6.3%)
9.3% - Iovation Limited
6.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (25)
12 - Iovation Limited
25 - Industry AVG
Pay Structure
on an average salary of £81.4k, the company has a higher pay structure (£50.6k)
£81.4k - Iovation Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £129.9k, this is less efficient (£157.6k)
£129.9k - Iovation Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
0 days - Iovation Limited
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Iovation Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iovation Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 166 weeks, this is more cash available to meet short term requirements (24 weeks)
166 weeks - Iovation Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.8%, this is a lower level of debt than the average (63.6%)
55.8% - Iovation Limited
63.6% - Industry AVG
iovation limited Credit Report and Business Information
Iovation Limited Competitor Analysis
Perform a competitor analysis for iovation limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
iovation limited Ownership
IOVATION LIMITED group structure
Iovation Limited has no subsidiary companies.
Ultimate parent company
TRANSUNION
#0106375
1 parent
IOVATION LIMITED
09906028
iovation limited directors
Iovation Limited currently has 2 directors. The longest serving directors include Mr William Flynn (Jan 2021) and Mr Mark Horsey (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Flynn | United Kingdom | 55 years | Jan 2021 | - | Director |
| Mr Mark Horsey | United Kingdom | 55 years | Oct 2021 | - | Director |
IOVATION LIMITED financials
Iovation Limited's latest turnover from December 2022 is £1.6 million and the company has net assets of £347.7 thousand. According to their latest financial statements, Iovation Limited has 12 employees and maintains cash reserves of £559.5 thousand 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,558,335 | 2,257,561 | 3,067,654 | 2,914,654 | 2,156,072 | 1,394,910 | 760,986 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 161,184 | 170,610 | -29,080 | 136,865 | 41,564 | 91,257 | 49,782 |
| Tax | -30,652 | -32,436 | -27,228 | -28,740 | -27,371 | -18,241 | -9,957 |
| Profit After Tax | 130,532 | 138,174 | -56,308 | 108,125 | 14,193 | 73,016 | 39,825 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 100,000 | 0 |
| Retained Profit | 130,532 | 138,174 | -56,308 | 108,125 | 14,193 | -26,984 | 39,825 |
| Employee Costs | 976,220 | 1,434,291 | |||||
| Number Of Employees | 12 | 17 | 23 | 22 | 17 | 11 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 43 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 226,846 | 229,639 | 36,580 | 123,681 | 203,256 | 68,926 | 83,394 |
| Misc Debtors | 1 | 0 | 24,642 | 35,726 | 10,937 | 8,525 | 1,800 |
| Cash | 559,514 | 413,916 | 438,752 | 144,123 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 786,404 | 643,555 | 499,974 | 303,530 | 214,193 | 77,451 | 85,194 |
| total assets | 786,404 | 643,555 | 499,974 | 303,530 | 214,193 | 77,451 | 85,194 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 13,791 | 12,290 | 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 | 175,249 | 144,763 | 154,812 | 86,467 | 88,692 | 64,510 | 45,269 |
| total current liabilities | 175,249 | 158,554 | 167,102 | 86,467 | 88,692 | 64,510 | 45,269 |
| 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 | 263,498 | 267,876 | 253,921 | 81,804 | 98,367 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 263,498 | 267,876 | 253,921 | 81,804 | 98,367 | 0 | 0 |
| total liabilities | 438,747 | 426,430 | 421,023 | 168,271 | 187,059 | 64,510 | 45,269 |
| net assets | 347,657 | 217,125 | 78,951 | 135,259 | 27,134 | 12,941 | 39,925 |
| total shareholders funds | 347,657 | 217,125 | 78,951 | 135,259 | 27,134 | 12,941 | 39,925 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -30,652 | -32,436 | -27,228 | -28,740 | -27,371 | -18,241 | -9,957 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,749 | 168,417 | -98,185 | -54,786 | 136,742 | -7,743 | 85,194 |
| Creditors | -13,791 | 1,501 | 12,290 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 30,486 | -10,049 | 68,345 | -2,225 | 24,182 | 19,241 | 45,269 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | |||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | |||
| 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 | -4,378 | 13,955 | 172,117 | -16,563 | 98,367 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -4,378 | 13,955 | 172,117 | -16,563 | 98,367 | 0 | 100 |
| cash and cash equivalents | |||||||
| cash | 145,598 | -24,836 | 294,629 | 144,123 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 145,598 | -24,836 | 294,629 | 144,123 | 0 | 0 | 0 |
P&L
December 2022turnover
1.6m
-31%
operating profit
144.1k
0%
gross margin
38.9%
+3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
347.7k
+0.6%
total assets
786.4k
+0.22%
cash
559.5k
+0.35%
net assets
Total assets minus all liabilities
iovation limited company details
company number
09906028
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2015
age
9
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
one park lane, leeds, west yorkshire, LS3 1EP
last accounts submitted
December 2022
iovation 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 iovation limited.
iovation limited Companies House Filings - See Documents
| date | description | view/download |
|---|
