inko nito broadwick street ltd
inko nito broadwick street ltd Company Information
Company Number
10932378
Registered Address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
48 days late
Group Structure
View All
Shareholders
inko nito uk limited 100%
inko nito broadwick street ltd Estimated Valuation
Pomanda estimates the enterprise value of INKO NITO BROADWICK STREET LTD at £2.4m based on a Turnover of £2.7m and 0.89x industry multiple (adjusted for size and gross margin).
inko nito broadwick street ltd Estimated Valuation
Pomanda estimates the enterprise value of INKO NITO BROADWICK STREET LTD at £2.4m based on an EBITDA of £350.9k and a 6.8x industry multiple (adjusted for size and gross margin).
inko nito broadwick street ltd Estimated Valuation
Pomanda estimates the enterprise value of INKO NITO BROADWICK STREET LTD at £0 based on Net Assets of £-1.3m and 2.58x industry multiple (adjusted for liquidity).
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Inko Nito Broadwick Street Ltd Overview
Inko Nito Broadwick Street Ltd is a live company located in london, SE1 3TQ with a Companies House number of 10932378. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2017, it's largest shareholder is inko nito uk limited with a 100% stake. Inko Nito Broadwick Street Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Inko Nito Broadwick Street Ltd Health Check
Pomanda's financial health check has awarded Inko Nito Broadwick Street Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£3.7m)
£2.7m - Inko Nito Broadwick Street Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.9%)
6% - Inko Nito Broadwick Street Ltd
2.9% - Industry AVG
Production
with a gross margin of 75.1%, this company has a lower cost of product (38.9%)
75.1% - Inko Nito Broadwick Street Ltd
38.9% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.3%)
8.9% - Inko Nito Broadwick Street Ltd
6.3% - Industry AVG
Employees
with 33 employees, this is above the industry average (25)
33 - Inko Nito Broadwick Street Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)
- Inko Nito Broadwick Street Ltd
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £81.4k, this is less efficient (£157k)
£81.4k - Inko Nito Broadwick Street Ltd
£157k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
0 days - Inko Nito Broadwick Street Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (33 days)
3 days - Inko Nito Broadwick Street Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (32 days)
9 days - Inko Nito Broadwick Street Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (24 weeks)
6 weeks - Inko Nito Broadwick Street Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.3%, this is a higher level of debt than the average (63.7%)
176.3% - Inko Nito Broadwick Street Ltd
63.7% - Industry AVG
INKO NITO BROADWICK STREET LTD financials
Inko Nito Broadwick Street Ltd's latest turnover from December 2022 is £2.7 million and the company has net assets of -£1.3 million. According to their latest financial statements, Inko Nito Broadwick Street Ltd has 33 employees and maintains cash reserves of £376.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 2,687,342 | 1,610,778 | 846,934 | 2,276,272 | 1,303,956 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 670,191 | 367,346 | 212,099 | 548,750 | 340,449 |
| Gross Profit | 2,017,151 | 1,243,432 | 634,835 | 1,727,522 | 963,507 |
| Admin Expenses | 1,776,781 | 1,107,625 | 997,315 | 1,824,925 | 1,738,770 |
| Operating Profit | 240,370 | 135,807 | -362,480 | -97,403 | -775,263 |
| Interest Payable | 43,549 | 41,300 | 79,848 | 94,476 | 60,827 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 196,821 | 94,507 | -442,328 | -191,879 | -836,090 |
| Tax | -46,398 | -41,204 | -8,715 | 17,957 | -48,547 |
| Profit After Tax | 150,423 | 53,303 | -451,043 | -173,922 | -884,637 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 150,423 | 53,303 | -451,043 | -173,922 | -884,637 |
| Employee Costs | |||||
| Number Of Employees | 33 | 25 | 26 | 35 | 39 |
| EBITDA* | 350,857 | 271,871 | -231,974 | 29,514 | -703,236 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,118,717 | 1,202,307 | 1,300,492 | 1,404,499 | 1,487,078 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,118,717 | 1,202,307 | 1,300,492 | 1,404,499 | 1,487,078 |
| Stock & work in progress | 18,120 | 12,385 | 8,758 | 11,172 | 12,455 |
| Trade Debtors | 4,772 | 4,114 | 0 | 5,056 | 28,438 |
| Group Debtors | 4,798 | 22,133 | 38,537 | 1,707 | 6,277 |
| Misc Debtors | 188,302 | 255,726 | 178,075 | 413,996 | 387,506 |
| Cash | 376,065 | 430,446 | 132,503 | 279,300 | 159,390 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 592,057 | 724,804 | 357,873 | 711,231 | 594,066 |
| total assets | 1,710,774 | 1,927,111 | 1,658,365 | 2,115,730 | 2,081,144 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,234 | 87,491 | 38,071 | 97,986 | 150,686 |
| Group/Directors Accounts | 2,186,816 | 2,367,571 | 2,435,125 | 2,382,300 | 2,276,362 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 761,398 | 870,906 | 655,366 | 663,313 | 490,086 |
| total current liabilities | 2,955,448 | 3,325,968 | 3,128,562 | 3,143,599 | 2,917,134 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 61,102 | 57,342 | 39,305 | 30,590 | 48,547 |
| total long term liabilities | 61,102 | 57,342 | 39,305 | 30,590 | 48,547 |
| total liabilities | 3,016,550 | 3,383,310 | 3,167,867 | 3,174,189 | 2,965,681 |
| net assets | -1,305,776 | -1,456,199 | -1,509,502 | -1,058,459 | -884,537 |
| total shareholders funds | -1,305,776 | -1,456,199 | -1,509,502 | -1,058,459 | -884,537 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 240,370 | 135,807 | -362,480 | -97,403 | -775,263 |
| Depreciation | 110,487 | 136,064 | 130,506 | 126,917 | 72,027 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -46,398 | -41,204 | -8,715 | 17,957 | -48,547 |
| Stock | 5,735 | 3,627 | -2,414 | -1,283 | 12,455 |
| Debtors | -84,101 | 65,361 | -204,147 | -1,462 | 422,221 |
| Creditors | -80,257 | 49,420 | -59,915 | -52,700 | 150,686 |
| Accruals and Deferred Income | -109,508 | 215,540 | -7,947 | 173,227 | 490,086 |
| Deferred Taxes & Provisions | 3,760 | 18,037 | 8,715 | -17,957 | 48,547 |
| Cash flow from operations | 196,820 | 444,676 | -93,275 | 152,786 | -497,140 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -180,755 | -67,554 | 52,825 | 105,938 | 2,276,362 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -43,549 | -41,300 | -79,848 | -94,476 | -60,827 |
| cash flow from financing | -224,304 | -108,854 | -27,023 | 11,462 | 2,215,635 |
| cash and cash equivalents | |||||
| cash | -54,381 | 297,943 | -146,797 | 119,910 | 159,390 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -54,381 | 297,943 | -146,797 | 119,910 | 159,390 |
inko nito broadwick street ltd Credit Report and Business Information
Inko Nito Broadwick Street Ltd Competitor Analysis
Perform a competitor analysis for inko nito broadwick street ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
inko nito broadwick street ltd Ownership
INKO NITO BROADWICK STREET LTD group structure
Inko Nito Broadwick Street Ltd has no subsidiary companies.
Ultimate parent company
DOGUS HOLDING AS
#0091085
2 parents
INKO NITO BROADWICK STREET LTD
10932378
inko nito broadwick street ltd directors
Inko Nito Broadwick Street Ltd currently has 5 directors. The longest serving directors include Mr Simon Drysdale (Aug 2017) and Mr Kemal Akdag (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Drysdale | United Kingdom | 57 years | Aug 2017 | - | Director |
| Mr Kemal Akdag | United Kingdom | 54 years | Aug 2017 | - | Director |
| Mr Jai Waney | 67 years | Aug 2017 | - | Director | |
| Mr Sven Koch | United Kingdom | 56 years | Aug 2017 | - | Director |
| Mr Rainer Becker | United Kingdom | 63 years | Aug 2017 | - | Director |
P&L
December 2022turnover
2.7m
+67%
operating profit
240.4k
+77%
gross margin
75.1%
-2.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.3m
-0.1%
total assets
1.7m
-0.11%
cash
376.1k
-0.13%
net assets
Total assets minus all liabilities
inko nito broadwick street ltd company details
company number
10932378
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2022
previous names
N/A
accountant
BDO LLP
auditor
-
address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
Bank
-
Legal Advisor
-
inko nito broadwick street 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 inko nito broadwick street ltd.
inko nito broadwick street ltd Companies House Filings - See Documents
| date | description | view/download |
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