ibounce (exeter) limited
ibounce (exeter) limited Company Information
Company Number
10638906
Next Accounts
Dec 2025
Shareholders
ben william cheriton
sam rowsell
Group Structure
View All
Industry
Fitness facilities
Registered Address
33 marsh green road, exeter, EX2 8PN
Website
www.i-bounce.co.ukibounce (exeter) limited Estimated Valuation
Pomanda estimates the enterprise value of IBOUNCE (EXETER) LIMITED at £2.7m based on a Turnover of £2.1m and 1.28x industry multiple (adjusted for size and gross margin).
ibounce (exeter) limited Estimated Valuation
Pomanda estimates the enterprise value of IBOUNCE (EXETER) LIMITED at £0 based on an EBITDA of £-212k and a 5.75x industry multiple (adjusted for size and gross margin).
ibounce (exeter) limited Estimated Valuation
Pomanda estimates the enterprise value of IBOUNCE (EXETER) LIMITED at £680.7k based on Net Assets of £184.9k and 3.68x industry multiple (adjusted for liquidity).
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Ibounce (exeter) Limited Overview
Ibounce (exeter) Limited is a live company located in exeter, EX2 8PN with a Companies House number of 10638906. It operates in the fitness facilities sector, SIC Code 93130. Founded in February 2017, it's largest shareholder is ben william cheriton with a 64.3% stake. Ibounce (exeter) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Ibounce (exeter) Limited Health Check
Pomanda's financial health check has awarded Ibounce (Exeter) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it larger than the average company (£218.6k)
- Ibounce (exeter) Limited
£218.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (15.7%)
- Ibounce (exeter) Limited
15.7% - Industry AVG
Production
with a gross margin of 86.2%, this company has a comparable cost of product (86.2%)
- Ibounce (exeter) Limited
86.2% - Industry AVG
Profitability
an operating margin of -11.4% make it less profitable than the average company (4.8%)
- Ibounce (exeter) Limited
4.8% - Industry AVG
Employees
with 55 employees, this is above the industry average (6)
55 - Ibounce (exeter) Limited
6 - Industry AVG
Pay Structure
on an average salary of £20.1k, the company has an equivalent pay structure (£20.1k)
- Ibounce (exeter) Limited
£20.1k - Industry AVG
Efficiency
resulting in sales per employee of £38k, this is less efficient (£64.2k)
- Ibounce (exeter) Limited
£64.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (13 days)
- Ibounce (exeter) Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is quicker than average (76 days)
- Ibounce (exeter) Limited
76 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (22 days)
- Ibounce (exeter) Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - Ibounce (exeter) Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.3%, this is a similar level of debt than the average (79%)
84.3% - Ibounce (exeter) Limited
79% - Industry AVG
IBOUNCE (EXETER) LIMITED financials
Ibounce (Exeter) Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £184.9 thousand. According to their latest financial statements, Ibounce (Exeter) Limited has 55 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 55 | 29 | 25 | 19 | 19 | 19 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 336,510 | 327,791 | 345,244 | 315,761 | 328,306 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 336,510 | 327,791 | 345,244 | 315,761 | 328,306 | ||
| Stock & work in progress | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | 2,150 | |
| Trade Debtors | 179 | 284 | 1,108 | 1,123 | 55,032 | ||
| Group Debtors | |||||||
| Misc Debtors | 837,277 | 710,504 | 455,975 | 214,314 | 73,322 | 49,040 | |
| Cash | 1,347 | 354,467 | 41,975 | 952 | 1,256 | ||
| misc current assets | |||||||
| total current assets | 840,953 | 1,067,405 | 501,208 | 217,416 | 76,595 | 52,446 | 55,032 |
| total assets | 1,177,463 | 1,395,196 | 846,452 | 533,177 | 404,901 | 52,446 | 55,032 |
| Bank overdraft | 94,202 | 30,600 | 190,262 | 12,307 | 19,993 | ||
| Bank loan | 74,020 | ||||||
| Trade Creditors | 51,615 | 79,886 | 15,023 | 47,254 | 8,441 | 2,314 | 60,973 |
| Group/Directors Accounts | 112,562 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 357,236 | 278,754 | 221,467 | 229,611 | 315,093 | 12,941 | |
| total current liabilities | 503,053 | 432,660 | 267,090 | 467,127 | 335,841 | 147,810 | 60,973 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 1,150 | ||||||
| other liabilities | 432,233 | 501,521 | 246,787 | ||||
| provisions | 57,262 | 37,124 | 35,231 | 22,964 | |||
| total long term liabilities | 489,495 | 538,645 | 282,018 | 22,964 | 1,150 | ||
| total liabilities | 992,548 | 971,305 | 549,108 | 490,091 | 335,841 | 147,810 | 62,123 |
| net assets | 184,915 | 423,891 | 297,344 | 43,086 | 69,060 | -95,364 | -7,091 |
| total shareholders funds | 184,915 | 423,891 | 297,344 | 43,086 | 69,060 | -95,364 | -7,091 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 27,140 | 27,282 | 26,898 | 19,523 | 9,339 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 2,150 | ||||||
| Debtors | 126,668 | 253,705 | 242,769 | 139,869 | 25,405 | -5,992 | 55,032 |
| Creditors | -28,271 | 64,863 | -32,231 | 38,813 | 6,127 | -58,659 | 60,973 |
| Accruals and Deferred Income | 78,482 | 57,287 | -8,144 | -85,482 | 302,152 | 11,791 | 1,150 |
| Deferred Taxes & Provisions | 20,138 | 1,893 | 12,267 | 22,964 | |||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -74,020 | 74,020 | |||||
| Group/Directors Accounts | -112,562 | 112,562 | |||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -69,288 | 254,734 | 246,787 | ||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -353,120 | 312,492 | 41,023 | 952 | -1,256 | 1,256 | |
| overdraft | 94,202 | -30,600 | -159,662 | 177,955 | -7,686 | 19,993 | |
| change in cash | -447,322 | 343,092 | 200,685 | -177,003 | 6,430 | -18,737 |
ibounce (exeter) limited Credit Report and Business Information
Ibounce (exeter) Limited Competitor Analysis
Perform a competitor analysis for ibounce (exeter) limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in EX2 area or any other competitors across 12 key performance metrics.
ibounce (exeter) limited Ownership
IBOUNCE (EXETER) LIMITED group structure
Ibounce (Exeter) Limited has no subsidiary companies.
Ultimate parent company
IBOUNCE (EXETER) LIMITED
10638906
ibounce (exeter) limited directors
Ibounce (Exeter) Limited currently has 2 directors. The longest serving directors include Mr Sam Rowsell (Feb 2017) and Mr Ben Cheriton (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sam Rowsell | 50 years | Feb 2017 | - | Director | |
| Mr Ben Cheriton | England | 36 years | Mar 2018 | - | Director |
P&L
March 2024turnover
2.1m
+107%
operating profit
-239.2k
0%
gross margin
86.3%
+4.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
184.9k
-0.56%
total assets
1.2m
-0.16%
cash
1.3k
-1%
net assets
Total assets minus all liabilities
ibounce (exeter) limited company details
company number
10638906
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
33 marsh green road, exeter, EX2 8PN
Bank
-
Legal Advisor
-
ibounce (exeter) 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 found 3 charges/mortgages relating to ibounce (exeter) limited. Currently there are 3 open charges and 0 have been satisfied in the past.
ibounce (exeter) 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 IBOUNCE (EXETER) LIMITED. This can take several minutes, an email will notify you when this has completed.
ibounce (exeter) limited Companies House Filings - See Documents
| date | description | view/download |
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