ice cubed property finance limited
ice cubed property finance limited Company Information
Company Number
10798939
Next Accounts
49 days late
Directors
Shareholders
thomas david frank
claire frank
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
2 clifton moor business village, james nicolson link, york, north yorkshire, YO30 4XG
Website
www.ice3.financeice cubed property finance limited Estimated Valuation
Pomanda estimates the enterprise value of ICE CUBED PROPERTY FINANCE LIMITED at £397.3k based on a Turnover of £326.3k and 1.22x industry multiple (adjusted for size and gross margin).
ice cubed property finance limited Estimated Valuation
Pomanda estimates the enterprise value of ICE CUBED PROPERTY FINANCE LIMITED at £65.3k based on an EBITDA of £15.5k and a 4.2x industry multiple (adjusted for size and gross margin).
ice cubed property finance limited Estimated Valuation
Pomanda estimates the enterprise value of ICE CUBED PROPERTY FINANCE LIMITED at £1.7k based on Net Assets of £1.3k and 1.31x industry multiple (adjusted for liquidity).
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Ice Cubed Property Finance Limited Overview
Ice Cubed Property Finance Limited is a live company located in york, YO30 4XG with a Companies House number of 10798939. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2017, it's largest shareholder is thomas david frank with a 52.4% stake. Ice Cubed Property Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £326.3k with declining growth in recent years.
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Ice Cubed Property Finance Limited Health Check
Pomanda's financial health check has awarded Ice Cubed Property Finance Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £326.3k, make it smaller than the average company (£4.7m)
- Ice Cubed Property Finance Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3.7%)
- Ice Cubed Property Finance Limited
3.7% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
- Ice Cubed Property Finance Limited
56.7% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (10%)
- Ice Cubed Property Finance Limited
10% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Ice Cubed Property Finance Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Ice Cubed Property Finance Limited
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £163.2k, this is less efficient (£205.7k)
- Ice Cubed Property Finance Limited
£205.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ice Cubed Property Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (48 days)
- Ice Cubed Property Finance Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ice Cubed Property Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (31 weeks)
3 weeks - Ice Cubed Property Finance Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (68.8%)
99.6% - Ice Cubed Property Finance Limited
68.8% - Industry AVG
ICE CUBED PROPERTY FINANCE LIMITED financials
Ice Cubed Property Finance Limited's latest turnover from May 2023 is estimated at £326.3 thousand and the company has net assets of £1.3 thousand. According to their latest financial statements, Ice Cubed Property Finance Limited has 2 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 988 | 1,484 | 105 | 132 | 159 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 988 | 1,484 | 105 | 132 | 159 | |
| Stock & work in progress | ||||||
| Trade Debtors | 50 | 270,027 | 135,261 | 159,276 | 53,890 | |
| Group Debtors | ||||||
| Misc Debtors | 320,217 | 225,828 | 151,888 | |||
| Cash | 10,966 | 64,326 | ||||
| misc current assets | ||||||
| total current assets | 331,183 | 290,204 | 270,027 | 135,261 | 159,276 | 205,778 |
| total assets | 332,171 | 291,688 | 270,132 | 135,393 | 159,435 | 205,778 |
| Bank overdraft | 14,164 | 16,503 | ||||
| Bank loan | ||||||
| Trade Creditors | 7,123 | 541 | 89,213 | 124,697 | 64,837 | 51,318 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 143,823 | 94,780 | ||||
| total current liabilities | 165,110 | 111,824 | 89,213 | 124,697 | 64,837 | 51,318 |
| loans | 165,774 | 176,967 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 134,566 | |||||
| provisions | ||||||
| total long term liabilities | 165,774 | 176,967 | 134,566 | |||
| total liabilities | 330,884 | 288,791 | 223,779 | 124,697 | 64,837 | 51,318 |
| net assets | 1,287 | 2,897 | 46,353 | 10,696 | 94,598 | 154,460 |
| total shareholders funds | 1,287 | 2,897 | 46,353 | 10,696 | 94,598 | 154,460 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 496 | |||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 94,339 | -44,149 | 134,766 | -24,015 | -46,502 | 205,778 |
| Creditors | 6,582 | -88,672 | -35,484 | 59,860 | 13,519 | 51,318 |
| Accruals and Deferred Income | 49,043 | 94,780 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | -11,193 | 176,967 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -134,566 | 134,566 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -53,360 | 64,326 | ||||
| overdraft | -2,339 | 16,503 | ||||
| change in cash | -51,021 | 47,823 |
ice cubed property finance limited Credit Report and Business Information
Ice Cubed Property Finance Limited Competitor Analysis
Perform a competitor analysis for ice cubed property finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in YO30 area or any other competitors across 12 key performance metrics.
ice cubed property finance limited Ownership
ICE CUBED PROPERTY FINANCE LIMITED group structure
Ice Cubed Property Finance Limited has no subsidiary companies.
Ultimate parent company
ICE CUBED PROPERTY FINANCE LIMITED
10798939
ice cubed property finance limited directors
Ice Cubed Property Finance Limited currently has 1 director, Mr Thomas Frank serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Frank | England | 47 years | Jun 2017 | - | Director |
P&L
May 2023turnover
326.3k
+62%
operating profit
15k
0%
gross margin
56.7%
-3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.3k
-0.56%
total assets
332.2k
+0.14%
cash
11k
-0.83%
net assets
Total assets minus all liabilities
ice cubed property finance limited company details
company number
10798939
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
ice cubed commercial finance limited (August 2020)
accountant
BECKINGTONS LTD
auditor
-
address
2 clifton moor business village, james nicolson link, york, north yorkshire, YO30 4XG
Bank
-
Legal Advisor
-
ice cubed property finance 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 2 charges/mortgages relating to ice cubed property finance limited. Currently there are 1 open charges and 1 have been satisfied in the past.
ice cubed property finance 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 ICE CUBED PROPERTY FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
ice cubed property finance limited Companies House Filings - See Documents
| date | description | view/download |
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