ironmongery solutions ltd
ironmongery solutions ltd Company Information
Company Number
10849405
Next Accounts
Apr 2025
Directors
Shareholders
euro art uk ltd
ghausul islam
Group Structure
View All
Industry
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Registered Address
intack and knuzden conservative, 312 accrington road, blackburn, BB1 2AN
Website
ironmongerysolutions.co.ukironmongery solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of IRONMONGERY SOLUTIONS LTD at £26.5k based on a Turnover of £80.6k and 0.33x industry multiple (adjusted for size and gross margin).
ironmongery solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of IRONMONGERY SOLUTIONS LTD at £109 based on an EBITDA of £29 and a 3.75x industry multiple (adjusted for size and gross margin).
ironmongery solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of IRONMONGERY SOLUTIONS LTD at £0 based on Net Assets of £-6.1k and 1.83x industry multiple (adjusted for liquidity).
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Ironmongery Solutions Ltd Overview
Ironmongery Solutions Ltd is a live company located in blackburn, BB1 2AN with a Companies House number of 10849405. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in July 2017, it's largest shareholder is euro art uk ltd with a 75% stake. Ironmongery Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £80.6k with healthy growth in recent years.
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Ironmongery Solutions Ltd Health Check
Pomanda's financial health check has awarded Ironmongery Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £80.6k, make it smaller than the average company (£3m)
- Ironmongery Solutions Ltd
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.7%)
- Ironmongery Solutions Ltd
7.7% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (30.2%)
- Ironmongery Solutions Ltd
30.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.4%)
- Ironmongery Solutions Ltd
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Ironmongery Solutions Ltd
18 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Ironmongery Solutions Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £40.3k, this is less efficient (£348.1k)
- Ironmongery Solutions Ltd
£348.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
- Ironmongery Solutions Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (35 days)
- Ironmongery Solutions Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ironmongery Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ironmongery Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19159.4%, this is a higher level of debt than the average (57.6%)
19159.4% - Ironmongery Solutions Ltd
57.6% - Industry AVG
IRONMONGERY SOLUTIONS LTD financials
Ironmongery Solutions Ltd's latest turnover from July 2023 is estimated at £80.6 thousand and the company has net assets of -£6.1 thousand. According to their latest financial statements, Ironmongery Solutions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 32 | 11 | 4,285 | 2,487 | 3,501 | 2,051 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 1,863 | |||||
| misc current assets | ||||||
| total current assets | 32 | 11 | 4,285 | 2,487 | 3,501 | 3,914 |
| total assets | 32 | 11 | 4,285 | 2,487 | 3,501 | 3,914 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 6,131 | 6,132 | 10,000 | 2,953 | 3,386 | 3,814 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 6,131 | 6,132 | 10,000 | 2,953 | 3,386 | 3,814 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 6,131 | 6,132 | 10,000 | 2,953 | 3,386 | 3,814 |
| net assets | -6,099 | -6,121 | -5,715 | -466 | 115 | 100 |
| total shareholders funds | -6,099 | -6,121 | -5,715 | -466 | 115 | 100 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 21 | -4,274 | 1,798 | -1,014 | 1,450 | 2,051 |
| Creditors | -1 | -3,868 | 7,047 | -433 | -428 | 3,814 |
| Accruals and Deferred Income | ||||||
| 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 | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -1,863 | 1,863 | ||||
| overdraft | ||||||
| change in cash | -1,863 | 1,863 |
ironmongery solutions ltd Credit Report and Business Information
Ironmongery Solutions Ltd Competitor Analysis
Perform a competitor analysis for ironmongery solutions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.
ironmongery solutions ltd Ownership
IRONMONGERY SOLUTIONS LTD group structure
Ironmongery Solutions Ltd has no subsidiary companies.
Ultimate parent company
IRONMONGERY SOLUTIONS LTD
10849405
ironmongery solutions ltd directors
Ironmongery Solutions Ltd currently has 1 director, Ghausul Islam serving since Nov 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ghausul Islam | England | 63 years | Nov 2021 | - | Director |
P&L
July 2023turnover
80.6k
+50%
operating profit
29.3
0%
gross margin
20%
-1.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-6.1k
0%
total assets
32
+1.91%
cash
0
0%
net assets
Total assets minus all liabilities
ironmongery solutions ltd company details
company number
10849405
Type
Private limited with Share Capital
industry
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
intack and knuzden conservative, 312 accrington road, blackburn, BB1 2AN
Bank
-
Legal Advisor
-
ironmongery solutions 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 ironmongery solutions ltd.
ironmongery solutions ltd 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 IRONMONGERY SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
ironmongery solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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