i-furb limited

i-furb limited Company Information

Share I-FURB LIMITED
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Company Number

10583668

Industry

Construction of domestic buildings

 

Shareholders

andrew anthony kemp

emma louise iles

Group Structure

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Contact

Registered Address

29 granby close, redditch, worcestershire, B98 0PJ

i-furb limited Estimated Valuation

£113.7k

Pomanda estimates the enterprise value of I-FURB LIMITED at £113.7k based on a Turnover of £241.8k and 0.47x industry multiple (adjusted for size and gross margin).

i-furb limited Estimated Valuation

£0

Pomanda estimates the enterprise value of I-FURB LIMITED at £0 based on an EBITDA of £-28.1k and a 3.85x industry multiple (adjusted for size and gross margin).

i-furb limited Estimated Valuation

£260.7k

Pomanda estimates the enterprise value of I-FURB LIMITED at £260.7k based on Net Assets of £177.7k and 1.47x industry multiple (adjusted for liquidity).

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I-furb Limited Overview

I-furb Limited is a live company located in worcestershire, B98 0PJ with a Companies House number of 10583668. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2017, it's largest shareholder is andrew anthony kemp with a 67% stake. I-furb Limited is a young, micro sized company, Pomanda has estimated its turnover at £241.8k with healthy growth in recent years.

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I-furb Limited Health Check

Pomanda's financial health check has awarded I-Furb Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £241.8k, make it smaller than the average company (£380.3k)

£241.8k - I-furb Limited

£380.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10%)

10% - I-furb Limited

10% - Industry AVG

production

Production

with a gross margin of 21%, this company has a comparable cost of product (21%)

21% - I-furb Limited

21% - Industry AVG

profitability

Profitability

an operating margin of -12.4% make it less profitable than the average company (5.3%)

-12.4% - I-furb Limited

5.3% - Industry AVG

employees

Employees

with 3 employees, this is similar to the industry average (3)

3 - I-furb Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)

£40.3k - I-furb Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.6k, this is less efficient (£177.6k)

£80.6k - I-furb Limited

£177.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is near the average (25 days)

25 days - I-furb Limited

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (30 days)

16 days - I-furb Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - I-furb Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (14 weeks)

44 weeks - I-furb Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43%, this is a lower level of debt than the average (71%)

43% - I-furb Limited

71% - Industry AVG

I-FURB LIMITED financials

EXPORTms excel logo

I-Furb Limited's latest turnover from February 2024 is estimated at £241.8 thousand and the company has net assets of £177.7 thousand. According to their latest financial statements, I-Furb Limited has 3 employees and maintains cash reserves of £101.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Jan 2020Jan 2019Jan 2018
Turnover241,751172,975300,380183,695176,600242,746387,620
Other Income Or Grants0000000
Cost Of Sales191,099137,243242,666148,161140,838189,732298,731
Gross Profit50,65135,73157,71335,53435,76253,01488,889
Admin Expenses80,605123,539-72,699-132,82515,71729,72969,499
Operating Profit-29,954-87,808130,412168,35920,04523,28519,390
Interest Payable3,4354,1993,1761,525000
Interest Receivable6,4356,25394512223122082
Pre-Tax Profit-26,954-85,754128,181166,95720,27723,50519,472
Tax00-24,354-31,722-3,853-4,466-3,700
Profit After Tax-26,954-85,754103,827135,23516,42419,03915,772
Dividends Paid0000000
Retained Profit-26,954-85,754103,827135,23516,42419,03915,772
Employee Costs120,973123,621117,818112,19279,52586,32579,000
Number Of Employees3333222
EBITDA*-28,090-85,394133,547172,38624,87224,05220,201

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Jan 2020Jan 2019Jan 2018
Tangible Assets6,8148,67811,09213,92915,4952,9703,088
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets6,8148,67811,09213,92915,4952,9703,088
Stock & work in progress0000000
Trade Debtors16,7732,0984,0801,27111,79818,33756,419
Group Debtors169,097000000
Misc Debtors17,687161,488215,62987,66731,38711,4440
Cash101,336143,820168,821209,18035,71026,01732,762
misc current assets0000000
total current assets304,893307,406388,530298,11878,89555,79889,181
total assets311,707316,084399,622312,04794,39058,76892,269
Bank overdraft11,45111,45111,4518,333000
Bank loan0000000
Trade Creditors 8,5664,805012,7822,7902,37712,733
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities98,97268,72559,40560,04937,32120,91663,293
total current liabilities118,98984,98170,85681,16440,11123,29376,026
loans13,36024,81136,26241,667000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions1,6691,6492,1072,6462,944564371
total long term liabilities15,02926,46038,36944,3132,944564371
total liabilities134,018111,441109,225125,47743,05523,85776,397
net assets177,689204,643290,397186,57051,33534,91115,872
total shareholders funds177,689204,643290,397186,57051,33534,91115,872
Feb 2024Feb 2023Feb 2022Feb 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit-29,954-87,808130,412168,35920,04523,28519,390
Depreciation1,8642,4143,1354,0274,827767811
Amortisation0000000
Tax00-24,354-31,722-3,853-4,466-3,700
Stock0000000
Debtors39,971-56,123130,77145,75313,404-26,63856,419
Creditors3,7614,805-12,7829,992413-10,35612,733
Accruals and Deferred Income30,2479,320-64422,72816,405-42,37763,293
Deferred Taxes & Provisions20-458-539-2982,380193371
Cash flow from operations-34,033-15,604-35,543127,33326,813-6,31636,479
Investing Activities
capital expenditure00-298-2,461-17,352-649-3,899
Change in Investments0000000
cash flow from investments00-298-2,461-17,352-649-3,899
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans-11,451-11,451-5,40541,667000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000000100
interest3,0002,054-2,231-1,40323122082
cash flow from financing-8,451-9,397-7,63640,264231220182
cash and cash equivalents
cash-42,484-25,001-40,359173,4709,693-6,74532,762
overdraft003,1188,333000
change in cash-42,484-25,001-43,477165,1379,693-6,74532,762

i-furb limited 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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I-furb Limited Competitor Analysis

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Perform a competitor analysis for i-furb limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B98 area or any other competitors across 12 key performance metrics.

i-furb limited Ownership

I-FURB LIMITED group structure

I-Furb Limited has no subsidiary companies.

Ultimate parent company

I-FURB LIMITED

10583668

I-FURB LIMITED Shareholders

andrew anthony kemp 67%
emma louise iles 33%

i-furb limited directors

I-Furb Limited currently has 2 directors. The longest serving directors include Mr Andrew Kemp (Jan 2017) and Mrs Emma Kemp (Nov 2018).

officercountryagestartendrole
Mr Andrew KempEngland54 years Jan 2017- Director
Mrs Emma KempEngland49 years Nov 2018- Director

P&L

February 2024

turnover

241.8k

+40%

operating profit

-30k

0%

gross margin

21%

+1.43%

turnover

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

Balance Sheet

February 2024

net assets

177.7k

-0.13%

total assets

311.7k

-0.01%

cash

101.3k

-0.3%

net assets

Total assets minus all liabilities

i-furb limited company details

company number

10583668

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

January 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

29 granby close, redditch, worcestershire, B98 0PJ

Bank

-

Legal Advisor

-

i-furb 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 i-furb limited.

i-furb 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 I-FURB LIMITED. This can take several minutes, an email will notify you when this has completed.

i-furb limited Companies House Filings - See Documents

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