iroko plus limited
iroko plus limited Company Information
Company Number
10151008
Next Accounts
2006 days late
Directors
Shareholders
canal & international
iroko partners ltd
Group Structure
View All
Industry
Television programming and broadcasting activities
Registered Address
flat 35 lanyard house, windlass place, grove street, london, SE8 3QY
Website
-iroko plus limited Estimated Valuation
Pomanda estimates the enterprise value of IROKO PLUS LIMITED at £0 based on a Turnover of £85.3k and -7.11x industry multiple (adjusted for size and gross margin).
iroko plus limited Estimated Valuation
Pomanda estimates the enterprise value of IROKO PLUS LIMITED at £41.9m based on an EBITDA of £-1.3m and a -32.16x industry multiple (adjusted for size and gross margin).
iroko plus limited Estimated Valuation
Pomanda estimates the enterprise value of IROKO PLUS LIMITED at £0 based on Net Assets of £-1.9m and 1.95x industry multiple (adjusted for liquidity).
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Iroko Plus Limited Overview
Iroko Plus Limited is a live company located in london, SE8 3QY with a Companies House number of 10151008. It operates in the television programming and broadcasting activities sector, SIC Code 60200. Founded in April 2016, it's largest shareholder is canal & international with a 51% stake. Iroko Plus Limited is a young, micro sized company, Pomanda has estimated its turnover at £85.3k with unknown growth in recent years.
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Iroko Plus Limited Health Check
Pomanda's financial health check has awarded Iroko Plus Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £85.3k, make it smaller than the average company (£4.2m)
£85.3k - Iroko Plus Limited
£4.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Iroko Plus Limited
- - Industry AVG
Production
with a gross margin of -1242.8%, this company has a higher cost of product (36.1%)
-1242.8% - Iroko Plus Limited
36.1% - Industry AVG
Profitability
an operating margin of -1526.5% make it less profitable than the average company (4.7%)
-1526.5% - Iroko Plus Limited
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
1 - Iroko Plus Limited
24 - Industry AVG
Pay Structure
on an average salary of £56.1k, the company has an equivalent pay structure (£56.1k)
- Iroko Plus Limited
£56.1k - Industry AVG
Efficiency
resulting in sales per employee of £85.3k, this is less efficient (£285k)
£85.3k - Iroko Plus Limited
£285k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (44 days)
15 days - Iroko Plus Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (25 days)
4 days - Iroko Plus Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iroko Plus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 122 weeks, this is more cash available to meet short term requirements (13 weeks)
122 weeks - Iroko Plus Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 246.9%, this is a higher level of debt than the average (75.5%)
246.9% - Iroko Plus Limited
75.5% - Industry AVG
IROKO PLUS LIMITED financials
Iroko Plus Limited's latest turnover from December 2017 is £85.3 thousand and the company has net assets of -£1.9 million. According to their latest financial statements, Iroko Plus Limited has 1 employee and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | |
|---|---|---|
| Turnover | 85,337 | 16,850 |
| Other Income Or Grants | ||
| Cost Of Sales | 1,145,948 | 542,895 |
| Gross Profit | -1,060,611 | -526,045 |
| Admin Expenses | 242,064 | 20,934 |
| Operating Profit | -1,302,675 | -546,979 |
| Interest Payable | 22,903 | |
| Interest Receivable | ||
| Pre-Tax Profit | -1,325,578 | -546,979 |
| Tax | ||
| Profit After Tax | -1,325,578 | -546,979 |
| Dividends Paid | ||
| Retained Profit | -1,325,578 | -546,979 |
| Employee Costs | ||
| Number Of Employees | 1 | 2 |
| EBITDA* | -1,302,675 | -546,979 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 3,538 | |
| Group Debtors | 59,496 | |
| Misc Debtors | 109,656 | 188,124 |
| Cash | 1,102,481 | |
| misc current assets | ||
| total current assets | 1,275,171 | 188,124 |
| total assets | 1,275,171 | 188,124 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 14,229 | 509,423 |
| Group/Directors Accounts | 82,595 | |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 372,643 | 225,670 |
| total current liabilities | 469,467 | 735,093 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 2,678,251 | |
| provisions | ||
| total long term liabilities | 2,678,251 | |
| total liabilities | 3,147,718 | 735,093 |
| net assets | -1,872,547 | -546,969 |
| total shareholders funds | -1,872,547 | -546,969 |
| Dec 2017 | Dec 2016 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -1,302,675 | -546,979 |
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -15,434 | 188,124 |
| Creditors | -495,194 | 509,423 |
| Accruals and Deferred Income | 146,973 | 225,670 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | -1,635,462 | -10 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 82,595 | |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 2,678,251 | |
| share issue | ||
| interest | -22,903 | |
| cash flow from financing | 2,737,943 | 10 |
| cash and cash equivalents | ||
| cash | 1,102,481 | |
| overdraft | ||
| change in cash | 1,102,481 |
iroko plus limited Credit Report and Business Information
Iroko Plus Limited Competitor Analysis
Perform a competitor analysis for iroko plus limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SE8 area or any other competitors across 12 key performance metrics.
iroko plus limited Ownership
IROKO PLUS LIMITED group structure
Iroko Plus Limited has no subsidiary companies.
Ultimate parent company
VIVENDI SA
#0019397
CANAL+ INTERNATIONAL SA
#0110279
2 parents
IROKO PLUS LIMITED
10151008
iroko plus limited directors
Iroko Plus Limited currently has 1 director, Mr Jason Njoku serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Njoku | England | 44 years | Dec 2016 | - | Director |
P&L
December 2017turnover
85.3k
+406%
operating profit
-1.3m
+138%
gross margin
-1242.8%
-60.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
-1.9m
+2.42%
total assets
1.3m
+5.78%
cash
1.1m
0%
net assets
Total assets minus all liabilities
iroko plus limited company details
company number
10151008
Type
Private limited with Share Capital
industry
60200 - Television programming and broadcasting activities
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2017
previous names
N/A
accountant
-
auditor
-
address
flat 35 lanyard house, windlass place, grove street, london, SE8 3QY
Bank
-
Legal Advisor
-
iroko plus 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 1 charges/mortgages relating to iroko plus limited. Currently there are 0 open charges and 1 have been satisfied in the past.
iroko plus 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.
Click to start generating capital raising & share issue transactions for IROKO PLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
iroko plus limited Companies House Filings - See Documents
| date | description | view/download |
|---|
