international development resources ltdEstimated Valuation
£203.4k
Pomanda estimates the enterprise value of INTERNATIONAL DEVELOPMENT RESOURCES LTD at £203.4k based on a Turnover of £419.8k and 0.48x industry multiple (adjusted for size and gross margin).
international development resources ltdEstimated Valuation
£177k
Pomanda estimates the enterprise value of INTERNATIONAL DEVELOPMENT RESOURCES LTD at £177k based on an EBITDA of £53.8k and a 3.29x industry multiple (adjusted for size and gross margin).
international development resources ltdEstimated Valuation
£484k
Pomanda estimates the enterprise value of INTERNATIONAL DEVELOPMENT RESOURCES LTD at £484k based on Net Assets of £214.3k and 2.26x industry multiple (adjusted for liquidity).
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International Development Resources LtdOverview
International Development Resources Ltd is a live company located in london, W1H 1DP with a Companies House number of 10413102. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2016, it's largest shareholder is
ronald rayner
with a 75% stake. International Development Resources Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£419.8k with
rapid
growth in recent years.
International Development Resources Ltd Health Check
Pomanda's financial health check has awarded International Development Resources Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £419.8k, make it smaller than the average company (£1.2m)
£419.8k - International Development Resources Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (7.2%)
42% - International Development Resources Ltd
7.2% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (48.2%)
25.9% - International Development Resources Ltd
48.2% - Industry AVG
Profitability
an operating margin of 12.8% make it more profitable than the average company (6.7%)
12.8% - International Development Resources Ltd
6.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - International Development Resources Ltd
11 - Industry AVG
Pay Structure
on an average salary of £56.7k, the company has an equivalent pay structure (£56.7k)
£56.7k - International Development Resources Ltd
£56.7k - Industry AVG
Efficiency
resulting in sales per employee of £209.9k, this is more efficient (£125.6k)
£209.9k - International Development Resources Ltd
£125.6k - Industry AVG
Debtor Days
it gets paid by customers after 161 days, this is later than average (64 days)
161 days - International Development Resources Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (29 days)
23 days - International Development Resources Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - International Development Resources Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 127 weeks, this is more cash available to meet short term requirements (18 weeks)
127 weeks - International Development Resources Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (57.8%)
8.5% - International Development Resources Ltd
57.8% - Industry AVG
INTERNATIONAL DEVELOPMENT RESOURCES LTD financials
EXPORT
International Development Resources Ltd's latest turnover from October 2023 is estimated at £419.8 thousand and the company has net assets of £214.3 thousand. According to their latest financial statements, we estimate that International Development Resources Ltd has 2 employees and maintains cash reserves of £48.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Turnover
419,750
98,510
144,403
145,297
254,840
516,703
55,269
Other Income Or Grants
Cost Of Sales
310,864
70,880
107,065
103,115
180,019
365,710
38,822
Gross Profit
108,887
27,631
37,338
42,182
74,821
150,993
16,447
Admin Expenses
55,132
-37,284
1,941
17,194
55,577
109,953
6,891
Operating Profit
53,755
64,915
35,397
24,988
19,244
41,040
9,556
Interest Payable
Interest Receivable
5,272
2,272
35
10
Pre-Tax Profit
59,027
67,188
35,432
24,999
19,244
41,314
9,556
Tax
-14,757
-12,766
-6,732
-4,750
-3,656
-8,072
-1,816
Profit After Tax
44,270
54,422
28,700
20,249
15,588
33,242
7,740
Dividends Paid
Retained Profit
44,270
54,422
28,700
20,249
15,588
33,242
7,740
Employee Costs
113,337
52,370
48,745
44,894
100,872
163,905
50,398
Number Of Employees
2
1
1
1
2
3
1
EBITDA*
53,755
64,915
35,397
24,988
19,244
41,040
9,556
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
185,445
40,082
70,393
73,691
110,860
57,042
31,944
Group Debtors
Misc Debtors
Cash
48,607
152,237
49,746
20,581
misc current assets
total current assets
234,052
192,319
120,139
94,272
110,860
57,042
31,944
total assets
234,052
192,319
120,139
94,272
110,860
57,042
31,944
Bank overdraft
Bank loan
Trade Creditors
19,780
20,324
15,681
14,774
52,118
13,888
23,204
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
19,780
20,324
15,681
14,774
52,118
13,888
23,204
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
19,780
20,324
15,681
14,774
52,118
13,888
23,204
net assets
214,272
171,995
104,458
79,498
58,742
43,154
8,740
total shareholders funds
214,272
171,995
104,458
79,498
58,742
43,154
8,740
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Operating Activities
Operating Profit
53,755
64,915
35,397
24,988
19,244
41,040
9,556
Depreciation
Amortisation
Tax
-14,757
-12,766
-6,732
-4,750
-3,656
-8,072
-1,816
Stock
Debtors
145,363
-30,311
-3,298
-37,169
53,818
25,098
31,944
Creditors
-544
4,643
907
-37,344
38,230
-9,316
23,204
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-106,909
87,103
32,870
20,063
-1,446
-1,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,993
13,115
-3,740
507
1,172
1,000
interest
5,272
2,272
35
10
cash flow from financing
3,279
15,387
-3,705
517
1,172
1,000
cash and cash equivalents
cash
-103,630
102,491
29,165
20,581
overdraft
change in cash
-103,630
102,491
29,165
20,581
international development resources 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 international development resources ltd. Get real-time insights into international development resources ltd's credit score, group structure and payment trends.
International Development Resources Ltd Competitor Analysis
Perform a competitor analysis for international development resources ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1H area or any other competitors across 12 key performance metrics.
international development resources ltd Ownership
INTERNATIONAL DEVELOPMENT RESOURCES LTD group structure
International Development Resources Ltd has no subsidiary companies.
Ultimate parent company
INTERNATIONAL DEVELOPMENT RESOURCES LTD
10413102
INTERNATIONAL DEVELOPMENT RESOURCES LTD Shareholders
The largest shareholders in International Development Resources Ltd include Ronald Rayner and Darina Rayner.
ronald rayner
75%
darina rayner
25%
international development resources ltd directors
International Development Resources Ltd currently has 1 director, Miss Darina Rayner serving since Jul 2019.
international development resources ltd company details
company number
10413102
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
78 york street marylebone, london, W1H 1DP
Bank
-
Legal Advisor
-
international development resources 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 international development resources ltd.
international development resources 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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international development resources ltdCompanies House Filings - See Documents
