invergo dev 1 limited

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invergo dev 1 limited Company Information

Share INVERGO DEV 1 LIMITED

Company Number

10684176

Directors

Ahmad Hariri

Shareholders

muhannad hariri

Group Structure

View All

Industry

Other building completion and finishing

 

Registered Address

27 grasmere avenue, london, W3 6JT

Website

-

invergo dev 1 limited Estimated Valuation

£734.4k

Pomanda estimates the enterprise value of INVERGO DEV 1 LIMITED at £734.4k based on a Turnover of £2.6m and 0.28x industry multiple (adjusted for size and gross margin).

invergo dev 1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INVERGO DEV 1 LIMITED at £0 based on an EBITDA of £-257.1k and a 3.08x industry multiple (adjusted for size and gross margin).

invergo dev 1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INVERGO DEV 1 LIMITED at £0 based on Net Assets of £-312.1k and 2.41x industry multiple (adjusted for liquidity).

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Invergo Dev 1 Limited Overview

Invergo Dev 1 Limited is a live company located in london, W3 6JT with a Companies House number of 10684176. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in March 2017, it's largest shareholder is muhannad hariri with a 100% stake. Invergo Dev 1 Limited is a young, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.

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Invergo Dev 1 Limited Health Check

Pomanda's financial health check has awarded Invergo Dev 1 Limited a 2 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 Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.6m, make it larger than the average company (£337.1k)

£2.6m - Invergo Dev 1 Limited

£337.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (12.4%)

-33% - Invergo Dev 1 Limited

12.4% - Industry AVG

production

Production

with a gross margin of 14.2%, this company has a higher cost of product (23.3%)

14.2% - Invergo Dev 1 Limited

23.3% - Industry AVG

profitability

Profitability

an operating margin of -9.7% make it less profitable than the average company (5.3%)

-9.7% - Invergo Dev 1 Limited

5.3% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (4)

7 - Invergo Dev 1 Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Invergo Dev 1 Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £376.8k, this is more efficient (£136.5k)

£376.8k - Invergo Dev 1 Limited

£136.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 141 days, this is later than average (48 days)

141 days - Invergo Dev 1 Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (29 days)

5 days - Invergo Dev 1 Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Invergo Dev 1 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Invergo Dev 1 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 130.6%, this is a higher level of debt than the average (73.6%)

130.6% - Invergo Dev 1 Limited

73.6% - Industry AVG

INVERGO DEV 1 LIMITED financials

EXPORTms excel logo

Invergo Dev 1 Limited's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of -£312.1 thousand. According to their latest financial statements, we estimate that Invergo Dev 1 Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover2,637,7465,093,6974,799,2018,616,1309,736,06910,181,0783,685,619
Other Income Or Grants
Cost Of Sales2,263,6264,350,2224,109,0247,212,0698,150,8638,334,6933,051,327
Gross Profit374,120743,475690,1771,404,0611,585,2061,846,385634,293
Admin Expenses631,254758,807667,2281,389,0511,556,9871,884,306689,640
Operating Profit-257,134-15,33222,94915,01028,219-37,921-55,347
Interest Payable
Interest Receivable
Pre-Tax Profit-257,134-15,33222,94915,01028,219-37,921-55,347
Tax-4,360-2,852-5,362
Profit After Tax-257,134-15,33218,58912,15822,857-37,921-55,347
Dividends Paid
Retained Profit-257,134-15,33218,58912,15822,857-37,921-55,347
Employee Costs267,260493,533512,7331,118,4951,001,2641,049,660331,362
Number Of Employees7151534323110
EBITDA*-257,134-15,33222,94915,01028,219-37,921-55,347

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets3817641,1471,5301,530
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3817641,1471,5301,530
Stock & work in progress
Trade Debtors1,020,1052,027,8522,030,8512,018,5912,036,0502,030,8271,461,076
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1,020,1052,027,8522,030,8512,018,5912,036,0502,030,8271,461,076
total assets1,020,1052,028,2332,031,6152,019,7382,037,5802,032,3571,461,076
Bank overdraft
Bank loan
Trade Creditors 32,92555,32121,6521,523
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities32,92555,32121,6521,523
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,299,3102,027,9082,049,6272,077,9912,107,9912,125,6251,514,900
provisions
total long term liabilities1,299,3102,027,9082,049,6272,077,9912,107,9912,125,6251,514,900
total liabilities1,332,2352,083,2292,071,2792,077,9912,107,9912,125,6251,516,423
net assets-312,130-54,996-39,664-58,253-70,411-93,268-55,347
total shareholders funds-312,130-54,996-39,664-58,253-70,411-93,268-55,347
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-257,134-15,33222,94915,01028,219-37,921-55,347
Depreciation
Amortisation
Tax-4,360-2,852-5,362
Stock
Debtors-1,007,747-2,99912,260-17,4595,223569,7511,461,076
Creditors-22,39633,66921,652-1,5231,523
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations728,21721,33627,98129,61717,634-609,195-1,514,900
Investing Activities
capital expenditure381383383383-1,530
Change in Investments
cash flow from investments381383383383-1,530
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-728,598-21,719-28,364-30,000-17,634610,7251,514,900
share issue
interest
cash flow from financing-728,598-21,719-28,364-30,000-17,634610,7251,514,900
cash and cash equivalents
cash
overdraft
change in cash

invergo dev 1 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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Invergo Dev 1 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for invergo dev 1 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W 3 area or any other competitors across 12 key performance metrics.

invergo dev 1 limited Ownership

INVERGO DEV 1 LIMITED group structure

Invergo Dev 1 Limited has no subsidiary companies.

Ultimate parent company

INVERGO DEV 1 LIMITED

10684176

INVERGO DEV 1 LIMITED Shareholders

muhannad hariri 100%

invergo dev 1 limited directors

Invergo Dev 1 Limited currently has 1 director, Mr Ahmad Hariri serving since Mar 2017.

officercountryagestartendrole
Mr Ahmad HaririUnited Kingdom40 years Mar 2017- Director

P&L

March 2024

turnover

2.6m

-48%

operating profit

-257.1k

0%

gross margin

14.2%

-2.83%

turnover

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

Balance Sheet

March 2024

net assets

-312.1k

+4.68%

total assets

1m

-0.5%

cash

0

0%

net assets

Total assets minus all liabilities

invergo dev 1 limited company details

company number

10684176

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

27 grasmere avenue, london, W3 6JT

Bank

-

Legal Advisor

-

invergo dev 1 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 invergo dev 1 limited.

invergo dev 1 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.

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invergo dev 1 limited Companies House Filings - See Documents

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