ii contracts ltd

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ii contracts ltd Company Information

Share II CONTRACTS LTD

Company Number

10570087

Directors

Andrew Main

Shareholders

andrew main

natalie jane avella

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

dapps, new way lane, hurstpierpoint, west sussex, BN6 9BD

Website

-

ii contracts ltd Estimated Valuation

£57.1k

Pomanda estimates the enterprise value of II CONTRACTS LTD at £57.1k based on a Turnover of £148k and 0.39x industry multiple (adjusted for size and gross margin).

ii contracts ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of II CONTRACTS LTD at £0 based on an EBITDA of £-19.3k and a 3.11x industry multiple (adjusted for size and gross margin).

ii contracts ltd Estimated Valuation

£133.3k

Pomanda estimates the enterprise value of II CONTRACTS LTD at £133.3k based on Net Assets of £50k and 2.66x industry multiple (adjusted for liquidity).

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Ii Contracts Ltd Overview

Ii Contracts Ltd is a live company located in west sussex, BN6 9BD with a Companies House number of 10570087. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2017, it's largest shareholder is andrew main with a 60% stake. Ii Contracts Ltd is a young, micro sized company, Pomanda has estimated its turnover at £148k with declining growth in recent years.

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Ii Contracts Ltd Health Check

Pomanda's financial health check has awarded Ii Contracts Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £148k, make it smaller than the average company (£406.3k)

£148k - Ii Contracts Ltd

£406.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.6%)

-3% - Ii Contracts Ltd

9.6% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a higher cost of product (60.9%)

26.3% - Ii Contracts Ltd

60.9% - Industry AVG

profitability

Profitability

an operating margin of -13% make it less profitable than the average company (8.3%)

-13% - Ii Contracts Ltd

8.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Ii Contracts Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)

£49.6k - Ii Contracts Ltd

£49.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148k, this is more efficient (£120.1k)

£148k - Ii Contracts Ltd

£120.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 198 days, this is later than average (65 days)

198 days - Ii Contracts Ltd

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (25 days)

105 days - Ii Contracts Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ii Contracts Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ii Contracts Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.6%, this is a lower level of debt than the average (53.5%)

38.6% - Ii Contracts Ltd

53.5% - Industry AVG

II CONTRACTS LTD financials

EXPORTms excel logo

Ii Contracts Ltd's latest turnover from January 2024 is estimated at £148 thousand and the company has net assets of £50 thousand. According to their latest financial statements, Ii Contracts Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover147,991176,553152,419162,907129,905108,659113,844
Other Income Or Grants
Cost Of Sales109,148130,402113,252119,97795,79177,34679,443
Gross Profit38,84346,15239,16742,93034,11531,31334,401
Admin Expenses58,13129,55354,3718,75823,27332,126-9,351
Operating Profit-19,28816,599-15,20434,17210,842-81343,752
Interest Payable
Interest Receivable
Pre-Tax Profit-19,28816,599-15,20434,17210,842-81343,752
Tax-3,154-6,493-2,060-8,313
Profit After Tax-19,28813,445-15,20427,6798,782-81335,439
Dividends Paid
Retained Profit-19,28813,445-15,20427,6798,782-81335,439
Employee Costs49,55947,62546,72442,64046,64252,47246,264
Number Of Employees1111111
EBITDA*-19,28816,599-15,20434,17210,842-81343,752

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets1,1452,0602,7474,2006346531,312
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,1452,0602,7474,2006346531,312
Stock & work in progress
Trade Debtors80,305109,185102,285105,83574,27059,75763,603
Group Debtors
Misc Debtors101
Cash
misc current assets
total current assets80,305109,185102,386105,83574,27059,75763,603
total assets81,450111,245105,133110,03574,90460,41064,915
Bank overdraft
Bank loan
Trade Creditors 31,41041,91749,25038,94831,49625,74429,476
Group/Directors Accounts40
other short term finances
hp & lease commitments
other current liabilities
total current liabilities31,41041,91749,25038,94831,49625,78429,476
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities31,41041,91749,25038,94831,49625,78429,476
net assets50,04069,32855,88371,08743,40834,62635,439
total shareholders funds50,04069,32855,88371,08743,40834,62635,439
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit-19,28816,599-15,20434,17210,842-81343,752
Depreciation
Amortisation
Tax-3,154-6,493-2,060-8,313
Stock
Debtors-28,8806,799-3,44931,56514,513-3,84663,603
Creditors-10,507-7,33310,3027,4525,752-3,73229,476
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-915-687-1,4533,56621-6991,312
Investing Activities
capital expenditure9156871,453-3,56619659-1,312
Change in Investments
cash flow from investments9156871,453-3,56619659-1,312
Financing Activities
Bank loans
Group/Directors Accounts-4040
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing-4040
cash and cash equivalents
cash
overdraft
change in cash

ii contracts ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ii Contracts Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ii contracts ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN6 area or any other competitors across 12 key performance metrics.

ii contracts ltd Ownership

II CONTRACTS LTD group structure

Ii Contracts Ltd has no subsidiary companies.

Ultimate parent company

II CONTRACTS LTD

10570087

II CONTRACTS LTD Shareholders

andrew main 60%
natalie jane avella 40%

ii contracts ltd directors

Ii Contracts Ltd currently has 1 director, Mr Andrew Main serving since Jan 2017.

officercountryagestartendrole
Mr Andrew MainUnited Kingdom51 years Jan 2017- Director

P&L

January 2024

turnover

148k

-16%

operating profit

-19.3k

0%

gross margin

26.3%

+0.41%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

50k

-0.28%

total assets

81.5k

-0.27%

cash

0

0%

net assets

Total assets minus all liabilities

ii contracts ltd company details

company number

10570087

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

dapps, new way lane, hurstpierpoint, west sussex, BN6 9BD

Bank

-

Legal Advisor

-

ii contracts 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 ii contracts ltd.

ii contracts 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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ii contracts ltd Companies House Filings - See Documents

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