ic ludgate limited
ic ludgate limited Company Information
Company Number
10552412
Website
coretel.co.ukRegistered Address
956 buckingham avenue, slough, SL1 4NL
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
antony greaves 100%
ic ludgate limited Estimated Valuation
Pomanda estimates the enterprise value of IC LUDGATE LIMITED at £0 based on a Turnover of £0 and 1.2x industry multiple (adjusted for size and gross margin).
ic ludgate limited Estimated Valuation
Pomanda estimates the enterprise value of IC LUDGATE LIMITED at £30.6m based on an EBITDA of £6.7m and a 4.58x industry multiple (adjusted for size and gross margin).
ic ludgate limited Estimated Valuation
Pomanda estimates the enterprise value of IC LUDGATE LIMITED at £79.3m based on Net Assets of £42.6m and 1.86x industry multiple (adjusted for liquidity).
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Ic Ludgate Limited Overview
Ic Ludgate Limited is a live company located in slough, SL1 4NL with a Companies House number of 10552412. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2017, it's largest shareholder is antony greaves with a 100% stake. Ic Ludgate Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Ic Ludgate Limited Health Check
Pomanda's financial health check has awarded Ic Ludgate Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ic Ludgate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (14 weeks)
- - Ic Ludgate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.3%, this is a lower level of debt than the average (69.5%)
- - Ic Ludgate Limited
- - Industry AVG
IC LUDGATE LIMITED financials
Ic Ludgate Limited's latest turnover from June 2023 is estimated at 0 and the company has net assets of £42.6 million. According to their latest financial statements, we estimate that Ic Ludgate Limited has no employees and maintains cash reserves of £17.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 1,805,375 | 1,873,482 | 1,922,446 | 8,542,214 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 11,398 | 11,852 | 6,261 | 3,079,562 | ||
| Gross Profit | 1,793,977 | 1,861,630 | 1,916,185 | 5,462,652 | ||
| Admin Expenses | -7,768,276 | 4,042,196 | -2,263,054 | 1,097,555 | ||
| Operating Profit | 9,562,253 | -2,180,566 | 4,179,239 | 4,365,097 | ||
| Interest Payable | 20,272 | 1,910 | 0 | 0 | ||
| Interest Receivable | 306,793 | 500,558 | 241,188 | 119,307 | ||
| Pre-Tax Profit | 9,848,774 | -1,681,918 | 4,420,427 | 4,484,404 | ||
| Tax | -287,881 | -188,792 | -335,945 | -1,321,129 | ||
| Profit After Tax | 9,560,893 | -1,870,710 | 4,084,482 | 3,163,275 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | ||
| Retained Profit | 9,560,893 | -1,870,710 | 4,084,482 | 3,163,275 | ||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 1 | 2 | ||||
| EBITDA* | 9,562,253 | -2,180,566 | 4,179,239 | 4,365,097 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 170 | 170 | 170 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 500,000 | 5,125,346 | 4,750,000 | 0 |
| Total Fixed Assets | 0 | 0 | 500,000 | 5,125,516 | 4,750,170 | 170 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,500,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,863,739 | 1,550,667 | 1,860,581 | 225,731 |
| Cash | 17,933,948 | 10,212,200 | 14,038,491 | 16,466,274 | 17,810,185 | 24,668,891 |
| misc current assets | 53,374,706 | 49,640,385 | 53,300,666 | 40,746,076 | 29,674,856 | 19,900,361 |
| total current assets | 71,308,654 | 59,852,585 | 69,202,896 | 58,763,017 | 49,345,622 | 46,294,983 |
| total assets | 71,308,654 | 59,852,585 | 69,702,896 | 63,888,533 | 54,095,792 | 46,295,153 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 7,800 | 7,211 | 16,293 | 22,021 | 69,845 |
| Group/Directors Accounts | 14,443,463 | 14,355,691 | 16,861,073 | 17,097,570 | 17,097,570 | 13,097,571 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,283,868 | 8,449,725 | 8,658,654 | 12,159,605 | 490,426 | 726,444 |
| total current liabilities | 28,727,331 | 22,813,216 | 25,526,938 | 29,273,468 | 17,610,017 | 13,893,860 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 28,727,331 | 22,813,216 | 25,526,938 | 29,273,468 | 17,610,017 | 13,893,860 |
| net assets | 42,581,323 | 37,039,369 | 44,175,958 | 34,615,065 | 36,485,775 | 32,401,293 |
| total shareholders funds | 42,581,323 | 37,039,369 | 44,175,958 | 34,615,065 | 36,485,775 | 32,401,293 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 9,562,253 | -2,180,566 | 4,179,239 | 4,365,097 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -287,881 | -188,792 | -335,945 | -1,321,129 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -2,363,739 | -4,312,274 | 65,432 | 4,884,850 | 1,725,731 |
| Creditors | -7,800 | 589 | -9,082 | -5,728 | -47,824 | 69,845 |
| Accruals and Deferred Income | 5,834,143 | -208,929 | -3,500,951 | 11,669,179 | -236,018 | 726,444 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 10,076,613 | 9,228,661 | -1,325,398 | 2,114,526 | ||
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | -9,774,495 | -19,900,531 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -9,774,495 | -19,900,531 | ||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 87,772 | -2,505,382 | -236,497 | 0 | 3,999,999 | 13,097,571 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 286,521 | 498,648 | 241,188 | 119,307 | ||
| cash flow from financing | 50,024 | 498,648 | 4,241,187 | 42,454,896 | ||
| cash and cash equivalents | ||||||
| cash | 7,721,748 | -3,826,291 | -2,427,783 | -1,343,911 | -6,858,706 | 24,668,891 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,721,748 | -3,826,291 | -2,427,783 | -1,343,911 | -6,858,706 | 24,668,891 |
ic ludgate limited Credit Report and Business Information
Ic Ludgate Limited Competitor Analysis
Perform a competitor analysis for ic ludgate limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in SL1 area or any other competitors across 12 key performance metrics.
ic ludgate limited Ownership
IC LUDGATE LIMITED group structure
Ic Ludgate Limited has 1 subsidiary company.
Ultimate parent company
IC LUDGATE LIMITED
10552412
1 subsidiary
ic ludgate limited directors
Ic Ludgate Limited currently has 2 directors. The longest serving directors include Mr Jonathan Lovell (Jan 2017) and Mr Antony Greaves (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Lovell | England | 50 years | Jan 2017 | - | Director |
| Mr Antony Greaves | England | 60 years | Jan 2017 | - | Director |
P&L
June 2023turnover
0
-100%
operating profit
6.7m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
42.6m
+0.15%
total assets
71.3m
+0.19%
cash
17.9m
+0.76%
net assets
Total assets minus all liabilities
ic ludgate limited company details
company number
10552412
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
956 buckingham avenue, slough, SL1 4NL
Bank
-
Legal Advisor
-
ic ludgate 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 ic ludgate limited.
ic ludgate limited Companies House Filings - See Documents
| date | description | view/download |
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