ilke homes limited Company Information
Company Number
10909968
Next Accounts
790 days late
Shareholders
ilke homes holdings limited
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
c/o alixpartners uk llp, 6, new street square, london, EC4A 3BF
Website
www.ilkehomes.co.ukilke homes limited Estimated Valuation
Pomanda estimates the enterprise value of ILKE HOMES LIMITED at £0 based on a Turnover of £12.7m and -0.93x industry multiple (adjusted for size and gross margin).
ilke homes limited Estimated Valuation
Pomanda estimates the enterprise value of ILKE HOMES LIMITED at £190.5m based on an EBITDA of £-29.6m and a -6.44x industry multiple (adjusted for size and gross margin).
ilke homes limited Estimated Valuation
Pomanda estimates the enterprise value of ILKE HOMES LIMITED at £0 based on Net Assets of £-46.1m and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ilke Homes Limited Overview
Ilke Homes Limited is a live company located in london, EC4A 3BF with a Companies House number of 10909968. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in August 2017, it's largest shareholder is ilke homes holdings limited with a 100% stake. Ilke Homes Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.7m with rapid growth in recent years.
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Ilke Homes Limited Health Check
Pomanda's financial health check has awarded Ilke Homes Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
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4 Strong
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2 Regular
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6 Weak
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Size
annual sales of £12.7m, make it in line with the average company (£10.7m)
£12.7m - Ilke Homes Limited
£10.7m - Industry AVG
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Growth
3 year (CAGR) sales growth of 265%, show it is growing at a faster rate (0.2%)
265% - Ilke Homes Limited
0.2% - Industry AVG
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Production
with a gross margin of -94.8%, this company has a higher cost of product (28.3%)
-94.8% - Ilke Homes Limited
28.3% - Industry AVG
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Profitability
an operating margin of -256.3% make it less profitable than the average company (4.9%)
-256.3% - Ilke Homes Limited
4.9% - Industry AVG
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Employees
with 499 employees, this is above the industry average (72)
499 - Ilke Homes Limited
72 - Industry AVG
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Pay Structure
on an average salary of £27.4k, the company has a lower pay structure (£36.6k)
£27.4k - Ilke Homes Limited
£36.6k - Industry AVG
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Efficiency
resulting in sales per employee of £25.4k, this is less efficient (£141.3k)
£25.4k - Ilke Homes Limited
£141.3k - Industry AVG
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Debtor Days
it gets paid by customers after 48 days, this is near the average (56 days)
48 days - Ilke Homes Limited
56 days - Industry AVG
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Creditor Days
its suppliers are paid after 49 days, this is slower than average (42 days)
49 days - Ilke Homes Limited
42 days - Industry AVG
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Stock Days
it holds stock equivalent to 113 days, this is more than average (60 days)
113 days - Ilke Homes Limited
60 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (17 weeks)
7 weeks - Ilke Homes Limited
17 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 244.8%, this is a higher level of debt than the average (51.1%)
244.8% - Ilke Homes Limited
51.1% - Industry AVG
ILKE HOMES LIMITED financials
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Ilke Homes Limited's latest turnover from March 2021 is £12.7 million and the company has net assets of -£46.1 million. According to their latest financial statements, Ilke Homes Limited has 499 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|
Turnover | 12,652,000 | 8,341,000 | 2,650,000 | 260,000 |
Other Income Or Grants | ||||
Cost Of Sales | 24,650,000 | 18,993,000 | 7,932,000 | 2,169,000 |
Gross Profit | -11,998,000 | -10,652,000 | -5,282,000 | -1,909,000 |
Admin Expenses | 20,431,000 | 20,462,000 | 16,074,000 | 5,644,000 |
Operating Profit | -32,429,000 | -31,114,000 | -21,356,000 | -7,553,000 |
Interest Payable | 1,504,000 | 1,319,000 | 1,006,000 | 150,000 |
Interest Receivable | ||||
Pre-Tax Profit | -33,933,000 | -32,433,000 | -22,362,000 | -7,703,000 |
Tax | ||||
Profit After Tax | -33,933,000 | -32,433,000 | -22,362,000 | -7,703,000 |
Dividends Paid | ||||
Retained Profit | -33,933,000 | -32,433,000 | -22,362,000 | -7,703,000 |
Employee Costs | 13,678,000 | 16,219,000 | 5,736,000 | 1,240,000 |
Number Of Employees | 499 | 524 | 222 | 37 |
EBITDA* | -29,565,000 | -29,549,000 | -21,090,000 | -7,539,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|
Tangible Assets | 12,957,000 | 13,146,000 | 2,489,000 | 124,000 |
Intangible Assets | 4,497,000 | 4,672,000 | 1,711,000 | 27,000 |
Investments & Other | ||||
Debtors (Due After 1 year) | 932,000 | 562,000 | 7,288,000 | 250,000 |
Total Fixed Assets | 18,386,000 | 18,380,000 | 11,488,000 | 401,000 |
Stock & work in progress | 7,653,000 | 6,718,000 | 2,435,000 | 456,000 |
Trade Debtors | 1,675,000 | 2,039,000 | 1,776,000 | 10,000 |
Group Debtors | 569,000 | 457,000 | ||
Misc Debtors | 1,414,000 | 2,580,000 | 2,422,000 | 959,000 |
Cash | 2,135,000 | 1,392,000 | 8,522,000 | 4,295,000 |
misc current assets | ||||
total current assets | 13,446,000 | 13,186,000 | 15,155,000 | 5,720,000 |
total assets | 31,832,000 | 31,566,000 | 26,643,000 | 6,121,000 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | 3,369,000 | 2,835,000 | 3,105,000 | 678,000 |
Group/Directors Accounts | 19,000,000 | 230,000 | ||
other short term finances | ||||
hp & lease commitments | 457,000 | 316,000 | ||
other current liabilities | 11,388,000 | 6,383,000 | 3,298,000 | 954,000 |
total current liabilities | 15,214,000 | 28,534,000 | 6,633,000 | 1,632,000 |
loans | 55,022,000 | 8,158,000 | 2,336,000 | 1,899,000 |
hp & lease commitments | 7,688,000 | 7,033,000 | 7,542,000 | |
Accruals and Deferred Income | ||||
other liabilities | ||||
provisions | ||||
total long term liabilities | 62,710,000 | 15,191,000 | 9,878,000 | 1,899,000 |
total liabilities | 77,924,000 | 43,725,000 | 16,511,000 | 3,531,000 |
net assets | -46,092,000 | -12,159,000 | 10,132,000 | 2,590,000 |
total shareholders funds | -46,092,000 | -12,159,000 | 10,132,000 | 2,590,000 |
Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | -32,429,000 | -31,114,000 | -21,356,000 | -7,553,000 |
Depreciation | 2,010,000 | 1,204,000 | 254,000 | 13,000 |
Amortisation | 854,000 | 361,000 | 12,000 | 1,000 |
Tax | ||||
Stock | 935,000 | 4,283,000 | 1,979,000 | 456,000 |
Debtors | -1,048,000 | -5,848,000 | 10,267,000 | 1,219,000 |
Creditors | 534,000 | -270,000 | 2,427,000 | 678,000 |
Accruals and Deferred Income | 5,005,000 | 3,085,000 | 2,344,000 | 954,000 |
Deferred Taxes & Provisions | ||||
Cash flow from operations | -23,913,000 | -25,169,000 | -28,565,000 | -7,582,000 |
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | ||||
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | ||||
Group/Directors Accounts | -19,000,000 | 18,770,000 | 230,000 | |
Other Short Term Loans | ||||
Long term loans | 46,864,000 | 5,822,000 | 437,000 | 1,899,000 |
Hire Purchase and Lease Commitments | 796,000 | -193,000 | 7,542,000 | |
other long term liabilities | ||||
share issue | ||||
interest | -1,504,000 | -1,319,000 | -1,006,000 | -150,000 |
cash flow from financing | 27,156,000 | 33,222,000 | 37,107,000 | 12,042,000 |
cash and cash equivalents | ||||
cash | 743,000 | -7,130,000 | 4,227,000 | 4,295,000 |
overdraft | ||||
change in cash | 743,000 | -7,130,000 | 4,227,000 | 4,295,000 |
ilke homes limited Credit Report and Business Information
Ilke Homes Limited Competitor Analysis
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Perform a competitor analysis for ilke homes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EC4A area or any other competitors across 12 key performance metrics.
ilke homes limited Ownership
ILKE HOMES LIMITED group structure
Ilke Homes Limited has no subsidiary companies.
Ultimate parent company
WHITEHORSE HOLDING SARL
#0112007
2 parents
ILKE HOMES LIMITED
10909968
ilke homes limited directors
Ilke Homes Limited currently has 7 directors. The longest serving directors include Mr Giles Carter (Aug 2017) and Mr Ed Hawkes (Oct 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Giles Carter | 46 years | Aug 2017 | - | Director | |
Mr Ed Hawkes | United Kingdom | 48 years | Oct 2017 | - | Director |
Mr Stephen Robertson | 64 years | Oct 2017 | - | Director | |
Mr David Sheridan | England | 62 years | Feb 2019 | - | Director |
Mr Jonathan Mitchell | 40 years | Feb 2020 | - | Director | |
Mr Patrick Bergin | 59 years | Jan 2022 | - | Director | |
Mr Vikram Kumar | 43 years | Nov 2022 | - | Director |
P&L
March 2021turnover
12.7m
+52%
operating profit
-32.4m
+4%
gross margin
-94.8%
-25.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-46.1m
+2.79%
total assets
31.8m
+0.01%
cash
2.1m
+0.53%
net assets
Total assets minus all liabilities
ilke homes limited company details
company number
10909968
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o alixpartners uk llp, 6, new street square, london, EC4A 3BF
Bank
-
Legal Advisor
-
ilke homes 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 5 charges/mortgages relating to ilke homes limited. Currently there are 4 open charges and 1 have been satisfied in the past.
ilke homes 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 ILKE HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
ilke homes limited Companies House Filings - See Documents
date | description | view/download |
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