innovative home improvements ltd
innovative home improvements ltd Company Information
Company Number
10699937
Registered Address
flat 8 stanton court, stanton street, manchester, M32 0JS
Industry
Construction of commercial buildings
Construction of domestic buildings
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Malik Manzoor7 Years
Shareholders
malik manzoor 100%
innovative home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE HOME IMPROVEMENTS LTD at £51.4k based on a Turnover of £146.7k and 0.35x industry multiple (adjusted for size and gross margin).
innovative home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE HOME IMPROVEMENTS LTD at £0 based on an EBITDA of £-2.5k and a 3.24x industry multiple (adjusted for size and gross margin).
innovative home improvements ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE HOME IMPROVEMENTS LTD at £0 based on Net Assets of £-29.7k and 1.95x industry multiple (adjusted for liquidity).
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Innovative Home Improvements Ltd Overview
Innovative Home Improvements Ltd is a live company located in manchester, M32 0JS with a Companies House number of 10699937. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2017, it's largest shareholder is malik manzoor with a 100% stake. Innovative Home Improvements Ltd is a young, micro sized company, Pomanda has estimated its turnover at £146.7k with rapid growth in recent years.
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Innovative Home Improvements Ltd Health Check
Pomanda's financial health check has awarded Innovative Home Improvements Ltd 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £146.7k, make it smaller than the average company (£2.9m)
- Innovative Home Improvements Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (11.1%)
- Innovative Home Improvements Ltd
11.1% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (23.6%)
- Innovative Home Improvements Ltd
23.6% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (5.8%)
- Innovative Home Improvements Ltd
5.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Innovative Home Improvements Ltd
12 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Innovative Home Improvements Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £36.7k, this is less efficient (£187.5k)
- Innovative Home Improvements Ltd
£187.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (45 days)
- Innovative Home Improvements Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (33 days)
- Innovative Home Improvements Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovative Home Improvements Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovative Home Improvements Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 838.2%, this is a higher level of debt than the average (68%)
838.2% - Innovative Home Improvements Ltd
68% - Industry AVG
INNOVATIVE HOME IMPROVEMENTS LTD financials
Innovative Home Improvements Ltd's latest turnover from March 2024 is estimated at £146.7 thousand and the company has net assets of -£29.7 thousand. According to their latest financial statements, Innovative Home Improvements Ltd has 4 employees and maintains cash reserves of 0 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 | 4 | 4 | 1 | 1 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,214 | 4,018 | 5,022 | 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 | 3,214 | 4,018 | 5,022 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 806 | 888 | 6,454 | 11,333 | 8,860 | 3,443 | 2,735 |
| 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 | 0 | 0 | 0 | 0 |
| total current assets | 806 | 888 | 6,454 | 11,333 | 8,860 | 3,443 | 2,735 |
| total assets | 4,020 | 4,906 | 11,476 | 11,333 | 8,860 | 3,443 | 2,735 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,115 | 31,457 | 31,624 | 5,764 | 1,462 | 1,941 | 1,968 |
| 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 | 33,115 | 31,457 | 31,624 | 5,764 | 1,462 | 1,941 | 1,968 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 580 | 580 | 580 | 580 | 350 | 660 | 610 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 580 | 580 | 580 | 580 | 350 | 660 | 610 |
| total liabilities | 33,695 | 32,037 | 32,204 | 6,344 | 1,812 | 2,601 | 2,578 |
| net assets | -29,675 | -27,131 | -20,728 | 4,989 | 7,048 | 842 | 157 |
| total shareholders funds | -29,675 | -27,131 | -20,728 | 4,989 | 7,048 | 842 | 157 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -82 | -5,566 | -4,879 | 2,473 | 5,417 | 708 | 2,735 |
| Creditors | 1,658 | -167 | 25,860 | 4,302 | -479 | -27 | 1,968 |
| Accruals and Deferred Income | 0 | 0 | 0 | 230 | -310 | 50 | 610 |
| 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 | 0 | 0 | 0 | 0 | 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 |
innovative home improvements ltd Credit Report and Business Information
Innovative Home Improvements Ltd Competitor Analysis
Perform a competitor analysis for innovative home improvements ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M32 area or any other competitors across 12 key performance metrics.
innovative home improvements ltd Ownership
INNOVATIVE HOME IMPROVEMENTS LTD group structure
Innovative Home Improvements Ltd has no subsidiary companies.
Ultimate parent company
INNOVATIVE HOME IMPROVEMENTS LTD
10699937
innovative home improvements ltd directors
Innovative Home Improvements Ltd currently has 1 director, Mr Malik Manzoor serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malik Manzoor | United Kingdom | 41 years | Mar 2017 | - | Director |
P&L
March 2024turnover
146.7k
+1%
operating profit
-2.5k
0%
gross margin
13.7%
+2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-29.7k
+0.09%
total assets
4k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
innovative home improvements ltd company details
company number
10699937
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
43210 - Electrical installation
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
flat 8 stanton court, stanton street, manchester, M32 0JS
Bank
-
Legal Advisor
-
innovative home improvements 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 innovative home improvements ltd.
innovative home improvements ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
