initial care services (ics) limited
initial care services (ics) limited Company Information
Company Number
10607468
Next Accounts
Nov 2025
Industry
Other business support service activities n.e.c.
Directors
Shareholders
oluwatoyin enitan okunuga
Group Structure
View All
Contact
Registered Address
21 lower lodge avenue, rugby, CV21 1NU
Website
initialcareservices.co.ukinitial care services (ics) limited Estimated Valuation
Pomanda estimates the enterprise value of INITIAL CARE SERVICES (ICS) LIMITED at £16.1k based on a Turnover of £39.9k and 0.4x industry multiple (adjusted for size and gross margin).
initial care services (ics) limited Estimated Valuation
Pomanda estimates the enterprise value of INITIAL CARE SERVICES (ICS) LIMITED at £0 based on an EBITDA of £-4.2k and a 3.09x industry multiple (adjusted for size and gross margin).
initial care services (ics) limited Estimated Valuation
Pomanda estimates the enterprise value of INITIAL CARE SERVICES (ICS) LIMITED at £0 based on Net Assets of £-29.8k and 2.58x industry multiple (adjusted for liquidity).
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Initial Care Services (ics) Limited Overview
Initial Care Services (ics) Limited is a live company located in rugby, CV21 1NU with a Companies House number of 10607468. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is oluwatoyin enitan okunuga with a 100% stake. Initial Care Services (ics) Limited is a young, micro sized company, Pomanda has estimated its turnover at £39.9k with declining growth in recent years.
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Initial Care Services (ics) Limited Health Check
Pomanda's financial health check has awarded Initial Care Services (Ics) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £39.9k, make it smaller than the average company (£3.7m)
- Initial Care Services (ics) Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (7.8%)
- Initial Care Services (ics) Limited
7.8% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (37.8%)
- Initial Care Services (ics) Limited
37.8% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (5.7%)
- Initial Care Services (ics) Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Initial Care Services (ics) Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Initial Care Services (ics) Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£151.4k)
- Initial Care Services (ics) Limited
£151.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (38 days)
- Initial Care Services (ics) Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (32 days)
- Initial Care Services (ics) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Initial Care Services (ics) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Initial Care Services (ics) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10276.8%, this is a higher level of debt than the average (59.7%)
10276.8% - Initial Care Services (ics) Limited
59.7% - Industry AVG
INITIAL CARE SERVICES (ICS) LIMITED financials
Initial Care Services (Ics) Limited's latest turnover from February 2024 is estimated at £39.9 thousand and the company has net assets of -£29.8 thousand. According to their latest financial statements, Initial Care Services (Ics) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 1 | 1 | 1 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 293 | 667 | 2,818 | 25,540 | 20,246 | 8,348 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 1,454 | 0 | 0 | 0 |
| total current assets | 293 | 667 | 2,818 | 26,994 | 20,246 | 8,348 | 1 |
| total assets | 293 | 667 | 2,818 | 26,994 | 20,246 | 8,348 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,947 | 7,686 | 2,046 | 0 | 20,486 | 12,392 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 18,947 | 7,686 | 2,046 | 0 | 20,486 | 12,392 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 200 | 100 | 550 | 550 | 864 | 0 |
| other liabilities | 11,164 | 18,405 | 23,302 | 27,302 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,164 | 18,605 | 23,402 | 27,852 | 550 | 864 | 0 |
| total liabilities | 30,111 | 26,291 | 25,448 | 27,852 | 21,036 | 13,256 | 0 |
| net assets | -29,818 | -25,624 | -22,630 | -858 | -790 | -4,908 | 1 |
| total shareholders funds | -29,818 | -25,624 | -22,630 | -858 | -790 | -4,908 | 1 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -374 | -2,151 | -22,722 | 5,294 | 11,898 | 8,347 | 1 |
| Creditors | 11,261 | 5,640 | 2,046 | -20,486 | 8,094 | 12,392 | 0 |
| Accruals and Deferred Income | -200 | 100 | -450 | 0 | -314 | 864 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,241 | -4,897 | -4,000 | 27,302 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
initial care services (ics) limited Credit Report and Business Information
Initial Care Services (ics) Limited Competitor Analysis
Perform a competitor analysis for initial care services (ics) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV21 area or any other competitors across 12 key performance metrics.
initial care services (ics) limited Ownership
INITIAL CARE SERVICES (ICS) LIMITED group structure
Initial Care Services (Ics) Limited has no subsidiary companies.
Ultimate parent company
INITIAL CARE SERVICES (ICS) LIMITED
10607468
initial care services (ics) limited directors
Initial Care Services (Ics) Limited currently has 1 director, Mrs Oluwatoyin Okunuga serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Oluwatoyin Okunuga | England | 61 years | Feb 2017 | - | Director |
P&L
February 2024turnover
39.9k
+43%
operating profit
-4.2k
0%
gross margin
16.9%
-5.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-29.8k
+0.16%
total assets
293
-0.56%
cash
0
0%
net assets
Total assets minus all liabilities
initial care services (ics) limited company details
company number
10607468
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
21 lower lodge avenue, rugby, CV21 1NU
Bank
-
Legal Advisor
-
initial care services (ics) 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 initial care services (ics) limited.
initial care services (ics) limited Companies House Filings - See Documents
| date | description | view/download |
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