Pomanda estimates the enterprise value of ICS GLOBE EUROPE LTD at £186.2k based on a Turnover of £521.1k and 0.36x industry multiple (adjusted for size and gross margin).
ics globe europe ltdEstimated Valuation
£141.3k
Pomanda estimates the enterprise value of ICS GLOBE EUROPE LTD at £141.3k based on an EBITDA of £43.1k and a 3.28x industry multiple (adjusted for size and gross margin).
ics globe europe ltdEstimated Valuation
£222.2k
Pomanda estimates the enterprise value of ICS GLOBE EUROPE LTD at £222.2k based on Net Assets of £110.2k and 2.02x industry multiple (adjusted for liquidity).
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Ics Globe Europe LtdOverview
Ics Globe Europe Ltd is a live company located in welwyn garden city, AL7 1TW with a Companies House number of 10384172. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in September 2016, it's largest shareholder is
daniel chisholm
with a 70% stake. Ics Globe Europe Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£521.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ics Globe Europe Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £521.1k, make it smaller than the average company (£12.5m)
£521.1k - Ics Globe Europe Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (9.1%)
-11% - Ics Globe Europe Ltd
9.1% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
26.2% - Ics Globe Europe Ltd
26.2% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (3.8%)
8.3% - Ics Globe Europe Ltd
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Ics Globe Europe Ltd
31 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
£38.2k - Ics Globe Europe Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £521.1k, this is more efficient (£324.8k)
£521.1k - Ics Globe Europe Ltd
£324.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (48 days)
34 days - Ics Globe Europe Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (42 days)
125 days - Ics Globe Europe Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 152 days, this is more than average (57 days)
152 days - Ics Globe Europe Ltd
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is more cash available to meet short term requirements (2 weeks)
19 weeks - Ics Globe Europe Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a similar level of debt than the average (60%)
58.7% - Ics Globe Europe Ltd
60% - Industry AVG
ICS GLOBE EUROPE LTD financials
EXPORT
Ics Globe Europe Ltd's latest turnover from September 2024 is estimated at £521.1 thousand and the company has net assets of £110.2 thousand. According to their latest financial statements, Ics Globe Europe Ltd has 1 employee and maintains cash reserves of £57.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Turnover
521,142
919,856
682,092
729,152
643,922
634,429
496,791
368,955
Other Income Or Grants
Cost Of Sales
384,572
674,354
495,456
532,201
469,123
465,241
361,948
265,538
Gross Profit
136,570
245,502
186,637
196,951
174,798
169,187
134,843
103,417
Admin Expenses
93,471
142,750
188,376
177,111
178,682
160,766
137,404
121,537
Operating Profit
43,099
102,752
-1,739
19,840
-3,884
8,421
-2,561
-18,120
Interest Payable
Interest Receivable
2,184
1,888
697
18
25
254
220
30
Pre-Tax Profit
45,283
104,640
-1,042
19,858
-3,859
8,675
-2,341
-18,090
Tax
-11,321
-26,160
-3,773
-1,648
Profit After Tax
33,962
78,480
-1,042
16,085
-3,859
7,027
-2,341
-18,090
Dividends Paid
Retained Profit
33,962
78,480
-1,042
16,085
-3,859
7,027
-2,341
-18,090
Employee Costs
38,178
37,113
72,241
70,191
69,797
69,002
65,634
92,188
Number Of Employees
1
1
2
2
2
2
2
3
EBITDA*
43,099
102,752
-1,738
21,287
-2,062
10,243
-739
-17,745
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Tangible Assets
1,446
3,268
5,090
1,125
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,446
3,268
5,090
1,125
Stock & work in progress
160,380
207,578
120,000
103,655
110,329
107,714
66,601
21,905
Trade Debtors
49,298
137,921
60,639
97,307
55,302
55,310
50,960
36,769
Group Debtors
Misc Debtors
4
4
4
4
4
4
4
4
Cash
57,282
30,069
41,871
20,071
16,582
32,868
34,831
23,786
misc current assets
14,495
12,737
1,691
8,920
total current assets
266,964
375,572
237,009
233,774
183,908
204,816
152,396
82,464
total assets
266,964
375,572
237,009
233,774
185,354
208,084
157,486
83,589
Bank overdraft
Bank loan
Trade Creditors
132,465
254,861
237,430
233,516
202,613
221,484
163,275
69,735
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
24,273
44,447
1,795
1,431
14,638
31,940
total current liabilities
156,738
299,308
239,225
234,947
202,613
221,484
177,913
101,675
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1
provisions
total long term liabilities
1
total liabilities
156,738
299,308
239,225
234,948
202,613
221,484
177,913
101,675
net assets
110,226
76,264
-2,216
-1,174
-17,259
-13,400
-20,427
-18,086
total shareholders funds
110,226
76,264
-2,216
-1,174
-17,259
-13,400
-20,427
-18,086
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Operating Activities
Operating Profit
43,099
102,752
-1,739
19,840
-3,884
8,421
-2,561
-18,120
Depreciation
1
1,447
1,822
1,822
1,822
375
Amortisation
Tax
-11,321
-26,160
-3,773
-1,648
Stock
-47,198
87,578
16,345
-6,674
2,615
41,113
44,696
21,905
Debtors
-88,623
77,282
-36,668
42,005
-8
4,350
14,191
36,773
Creditors
-122,396
17,431
3,914
30,903
-18,871
58,209
93,540
69,735
Accruals and Deferred Income
-20,174
42,652
364
1,431
-14,638
-17,302
31,940
Deferred Taxes & Provisions
Cash flow from operations
25,029
-28,185
22,863
14,517
-23,540
6,703
16,612
25,252
Investing Activities
capital expenditure
-1
-1
-5,787
-1,500
Change in Investments
cash flow from investments
-1
-1
-5,787
-1,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1
1
share issue
4
interest
2,184
1,888
697
18
25
254
220
30
cash flow from financing
2,184
1,888
696
19
25
254
220
34
cash and cash equivalents
cash
27,213
-11,802
21,800
3,489
-16,286
-1,963
11,045
23,786
overdraft
change in cash
27,213
-11,802
21,800
3,489
-16,286
-1,963
11,045
23,786
ics globe europe ltd 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 ics globe europe ltd. Get real-time insights into ics globe europe ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ics globe europe ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in AL7 area or any other competitors across 12 key performance metrics.
ics globe europe ltd Ownership
ICS GLOBE EUROPE LTD group structure
Ics Globe Europe Ltd has no subsidiary companies.
Ultimate parent company
ICS GLOBE EUROPE LTD
10384172
ICS GLOBE EUROPE LTD Shareholders
The largest shareholders in Ics Globe Europe Ltd include Daniel Chisholm and James Woods.
daniel chisholm
70%
james woods
25%
daniel woods
5%
ics globe europe ltd directors
Ics Globe Europe Ltd currently has 3 directors.
The longest serving directors include
Mr Daniel Chisholm (Sep 2016) and
Mr Daniel Woods (Feb 2018).
46130 - Agents involved in the sale of timber and building materials
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
RPJ ACCOUNTANCY LTD
auditor
-
address
2 falcon gate, shire park, welwyn garden city, hertfordshire, AL7 1TW
Bank
-
Legal Advisor
-
ics globe europe 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 did not find charges/mortgages relating to ics globe europe ltd.
ics globe europe 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.
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ics globe europe ltdCompanies House Filings - See Documents
