in2 trade limited

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in2 trade limited Company Information

Share IN2 TRADE LIMITED

Company Number

10942317

Shareholders

paul hargreaves

Group Structure

View All

Industry

Wholesale of fruit and vegetables

 +3

Registered Address

336 euston road, london, NW1 3BT

Website

-

in2 trade limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of IN2 TRADE LIMITED at £3.1m based on a Turnover of £10.6m and 0.29x industry multiple (adjusted for size and gross margin).

in2 trade limited Estimated Valuation

£9.6m

Pomanda estimates the enterprise value of IN2 TRADE LIMITED at £9.6m based on an EBITDA of £2.7m and a 3.57x industry multiple (adjusted for size and gross margin).

in2 trade limited Estimated Valuation

£11.5m

Pomanda estimates the enterprise value of IN2 TRADE LIMITED at £11.5m based on Net Assets of £5m and 2.3x industry multiple (adjusted for liquidity).

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In2 Trade Limited Overview

In2 Trade Limited is a live company located in london, NW1 3BT with a Companies House number of 10942317. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in September 2017, it's largest shareholder is paul hargreaves with a 100% stake. In2 Trade Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.6m with rapid growth in recent years.

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In2 Trade Limited Health Check

Pomanda's financial health check has awarded In2 Trade Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £10.6m, make it smaller than the average company (£24.5m)

£10.6m - In2 Trade Limited

£24.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (9%)

122% - In2 Trade Limited

9% - Industry AVG

production

Production

with a gross margin of 11.6%, this company has a higher cost of product (18.3%)

11.6% - In2 Trade Limited

18.3% - Industry AVG

profitability

Profitability

an operating margin of 25.2% make it more profitable than the average company (3.4%)

25.2% - In2 Trade Limited

3.4% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (44)

10 - In2 Trade Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)

£39.9k - In2 Trade Limited

£39.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£467.3k)

£1.1m - In2 Trade Limited

£467.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (38 days)

121 days - In2 Trade Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (33 days)

2 days - In2 Trade Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - In2 Trade Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - In2 Trade Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (53.9%)

7.6% - In2 Trade Limited

53.9% - Industry AVG

IN2 TRADE LIMITED financials

EXPORTms excel logo

In2 Trade Limited's latest turnover from March 2024 is estimated at £10.6 million and the company has net assets of £5 million. According to their latest financial statements, In2 Trade Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover10,628,8026,152,4534,542,771970,130747,194485,439
Other Income Or Grants000000
Cost Of Sales9,399,8395,452,3284,036,276867,785666,610434,066
Gross Profit1,228,964700,125506,495102,34680,58351,373
Admin Expenses-1,448,944-140,716-2,364,805102,509155,908-41,343
Operating Profit2,677,908840,8412,871,300-163-75,32592,716
Interest Payable000000
Interest Receivable006631632250
Pre-Tax Profit2,677,908840,8412,871,9630-75,10092,716
Tax-669,477-159,760-545,67300-17,616
Profit After Tax2,008,431681,0812,326,2900-75,10075,100
Dividends Paid000000
Retained Profit2,008,431681,0812,326,2900-75,10075,100
Employee Costs399,353373,785354,270404,472264,691193,730
Number Of Employees1010101286
EBITDA*2,677,908840,8412,871,300-163-75,32592,716

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets1,897,474899,775697,500750,000045,000
Intangible Assets000090,0000
Investments & Other00100,000100,000100,000100
Debtors (Due After 1 year)000000
Total Fixed Assets1,897,474899,775797,500850,000190,00045,100
Stock & work in progress000615,0005,0000
Trade Debtors3,530,6892,120,5911,566,35027,500030,000
Group Debtors000000
Misc Debtors000000
Cash000265,30060,0000
misc current assets00050,00000
total current assets3,530,6892,120,5911,566,350957,80065,00030,000
total assets5,428,1633,020,3662,363,8501,807,800255,00075,100
Bank overdraft000000
Bank loan000000
Trade Creditors 62,06512,99537,56028,00000
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities62,06512,99537,56028,00000
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities350,2960021,00000
provisions000000
total long term liabilities350,2960021,00000
total liabilities412,36112,99537,56049,00000
net assets5,015,8023,007,3712,326,2901,758,800255,00075,100
total shareholders funds5,015,8023,007,3712,326,2901,758,800255,00075,100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit2,677,908840,8412,871,300-163-75,32592,716
Depreciation000000
Amortisation000000
Tax-669,477-159,760-545,67300-17,616
Stock00-615,000610,0005,0000
Debtors1,410,098554,2411,538,85027,500-30,00030,000
Creditors49,070-24,5659,56028,00000
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations647,403102,2751,411,337-609,663-50,32545,100
Investing Activities
capital expenditure-997,699-202,27552,500-660,000-45,000-45,000
Change in Investments0-100,0000099,900100
cash flow from investments-997,699-102,27552,500-660,000-144,900-45,100
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities350,2960-21,00021,00000
share issue00-1,758,8001,503,800255,0000
interest006631632250
cash flow from financing350,2960-1,779,1371,524,963255,2250
cash and cash equivalents
cash00-265,300205,30060,0000
overdraft000000
change in cash00-265,300205,30060,0000

in2 trade limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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In2 Trade Limited Competitor Analysis

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Perform a competitor analysis for in2 trade limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NW1 area or any other competitors across 12 key performance metrics.

in2 trade limited Ownership

IN2 TRADE LIMITED group structure

In2 Trade Limited has no subsidiary companies.

Ultimate parent company

IN2 TRADE LIMITED

10942317

IN2 TRADE LIMITED Shareholders

paul hargreaves 100%

in2 trade limited directors

In2 Trade Limited currently has 1 director, Mr Paul Hargreaves serving since Jan 2023.

officercountryagestartendrole
Mr Paul HargreavesEngland72 years Jan 2023- Director

P&L

March 2024

turnover

10.6m

+73%

operating profit

2.7m

0%

gross margin

11.6%

+1.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5m

+0.67%

total assets

5.4m

+0.8%

cash

0

0%

net assets

Total assets minus all liabilities

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in2 trade limited company details

company number

10942317

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

46390 - Non-specialised wholesale of food, beverages and tobacco

46320 - Wholesale of meat and meat products

incorporation date

September 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

336 euston road, london, NW1 3BT

Bank

-

Legal Advisor

-

in2 trade 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 did not find charges/mortgages relating to in2 trade limited.

in2 trade 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.

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in2 trade limited Companies House Filings - See Documents

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