incipio group management ltd
incipio group management ltd Company Information
Company Number
10951081
Next Accounts
Sep 2025
Shareholders
charles robert gardiner
edward devenport
View AllGroup Structure
View All
Industry
Public houses and bars
Registered Address
4 o'meara street, london, SE1 1TE
Website
incipiogroup.comincipio group management ltd Estimated Valuation
Pomanda estimates the enterprise value of INCIPIO GROUP MANAGEMENT LTD at £30.2m based on a Turnover of £26.3m and 1.15x industry multiple (adjusted for size and gross margin).
incipio group management ltd Estimated Valuation
Pomanda estimates the enterprise value of INCIPIO GROUP MANAGEMENT LTD at £8.1m based on an EBITDA of £1m and a 8.05x industry multiple (adjusted for size and gross margin).
incipio group management ltd Estimated Valuation
Pomanda estimates the enterprise value of INCIPIO GROUP MANAGEMENT LTD at £1.1m based on Net Assets of £571.6k and 1.93x industry multiple (adjusted for liquidity).
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Incipio Group Management Ltd Overview
Incipio Group Management Ltd is a live company located in london, SE1 1TE with a Companies House number of 10951081. It operates in the public houses and bars sector, SIC Code 56302. Founded in September 2017, it's largest shareholder is charles robert gardiner with a 25.9% stake. Incipio Group Management Ltd is a young, large sized company, Pomanda has estimated its turnover at £26.3m with rapid growth in recent years.
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Incipio Group Management Ltd Health Check
Pomanda's financial health check has awarded Incipio Group Management Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £26.3m, make it larger than the average company (£689.3k)
£26.3m - Incipio Group Management Ltd
£689.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (11.9%)
61% - Incipio Group Management Ltd
11.9% - Industry AVG
Production
with a gross margin of 78%, this company has a lower cost of product (59%)
78% - Incipio Group Management Ltd
59% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (6.1%)
-4.2% - Incipio Group Management Ltd
6.1% - Industry AVG
Employees
with 404 employees, this is above the industry average (16)
404 - Incipio Group Management Ltd
16 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has a higher pay structure (£15.9k)
£23.4k - Incipio Group Management Ltd
£15.9k - Industry AVG
Efficiency
resulting in sales per employee of £65.2k, this is more efficient (£52.6k)
£65.2k - Incipio Group Management Ltd
£52.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (8 days)
4 days - Incipio Group Management Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (50 days)
134 days - Incipio Group Management Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (16 days)
22 days - Incipio Group Management Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Incipio Group Management Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (74.8%)
95% - Incipio Group Management Ltd
74.8% - Industry AVG
INCIPIO GROUP MANAGEMENT LTD financials
Incipio Group Management Ltd's latest turnover from December 2023 is £26.3 million and the company has net assets of £571.6 thousand. According to their latest financial statements, Incipio Group Management Ltd has 404 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 26,348,904 | 20,652,402 | 15,393,678 | 6,310,213 | 13,672,500 | 7,990,983 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 5,804,770 | 4,886,494 | 4,015,628 | 1,478,619 | 3,411,147 | 2,044,297 |
| Gross Profit | 20,544,134 | 15,765,908 | 11,378,050 | 4,831,594 | 10,261,353 | 5,946,686 |
| Admin Expenses | 21,645,378 | 17,269,143 | 10,887,538 | 7,506,940 | 10,056,900 | 6,710,898 |
| Operating Profit | -1,101,244 | -1,503,235 | 490,512 | -2,675,346 | 204,453 | -764,212 |
| Interest Payable | 479,523 | 223,279 | 88,207 | 4,234 | 64,709 | 73,102 |
| Interest Receivable | 1 | 835 | 29 | |||
| Pre-Tax Profit | -1,580,767 | -1,726,514 | 402,306 | -2,678,745 | 139,773 | -837,314 |
| Tax | 35,000 | |||||
| Profit After Tax | -1,580,767 | -1,726,514 | 402,306 | -2,678,745 | 139,773 | -802,314 |
| Dividends Paid | ||||||
| Retained Profit | -1,580,767 | -1,726,514 | 402,306 | -2,678,745 | 139,773 | -802,314 |
| Employee Costs | 9,456,980 | 7,758,887 | 6,032,620 | 3,789,975 | 3,955,155 | 358,268 |
| Number Of Employees | 404 | 362 | 270 | 187 | 191 | 147 |
| EBITDA* | 1,010,603 | -490,854 | 1,832,650 | -959,236 | 1,406,026 | -764,212 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,453,641 | 8,512,488 | 4,489,402 | 3,669,371 | 4,358,481 | 3,419,831 |
| Intangible Assets | 88,914 | 93,987 | 106,136 | 140,818 | 159,084 | 178,969 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 647,000 | 647,000 | 230,000 | 157,380 | 172,782 | 131,893 |
| Total Fixed Assets | 8,189,555 | 9,253,475 | 4,825,538 | 3,967,569 | 4,690,347 | 3,730,693 |
| Stock & work in progress | 360,057 | 372,947 | 316,560 | 144,828 | 225,062 | 123,789 |
| Trade Debtors | 290,462 | 162,346 | 240,858 | 52,669 | 680,377 | 126,624 |
| Group Debtors | ||||||
| Misc Debtors | 1,336,688 | 706,496 | 688,219 | 707,491 | 535,140 | 468,336 |
| Cash | 1,134,124 | 1,713,425 | 2,016,768 | 878,375 | 1,322,306 | 11,234 |
| misc current assets | ||||||
| total current assets | 3,121,331 | 2,955,214 | 3,262,405 | 1,783,363 | 2,762,885 | 729,983 |
| total assets | 11,310,886 | 12,208,689 | 8,087,943 | 5,750,932 | 7,453,232 | 4,460,676 |
| Bank overdraft | 6 | 46,448 | ||||
| Bank loan | 3,469,754 | 385,154 | 291,309 | 83,333 | 75,000 | |
| Trade Creditors | 2,144,557 | 2,403,190 | 1,295,185 | 1,368,811 | 1,077,725 | 1,442,643 |
| Group/Directors Accounts | 50,100 | 150,000 | ||||
| other short term finances | 292,581 | |||||
| hp & lease commitments | 60,730 | |||||
| other current liabilities | 3,533,865 | 2,617,697 | 2,402,053 | 1,842,510 | 2,157,151 | 889,029 |
| total current liabilities | 9,259,012 | 5,556,041 | 3,988,547 | 3,294,654 | 3,234,876 | 2,745,701 |
| loans | 3,463,072 | 1,838,322 | 916,667 | 42,740 | ||
| hp & lease commitments | 100,658 | |||||
| Accruals and Deferred Income | ||||||
| other liabilities | 1,379,598 | 1,037,191 | 319,157 | |||
| provisions | ||||||
| total long term liabilities | 1,480,256 | 4,500,263 | 2,157,479 | 916,667 | 42,740 | |
| total liabilities | 10,739,268 | 10,056,304 | 6,146,026 | 4,211,321 | 3,234,876 | 2,788,441 |
| net assets | 571,618 | 2,152,385 | 1,941,917 | 1,539,611 | 4,218,356 | 1,672,235 |
| total shareholders funds | 571,618 | 2,152,385 | 1,941,917 | 1,539,611 | 4,218,356 | 1,672,235 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -1,101,244 | -1,503,235 | 490,512 | -2,675,346 | 204,453 | -764,212 |
| Depreciation | 2,092,359 | 994,532 | 1,324,608 | 1,696,169 | 1,161,802 | |
| Amortisation | 19,488 | 17,849 | 17,530 | 19,941 | 39,771 | |
| Tax | 35,000 | |||||
| Stock | -12,890 | 56,387 | 171,732 | -80,234 | 101,273 | 123,789 |
| Debtors | 758,308 | 356,765 | 241,537 | -470,759 | 661,446 | 726,853 |
| Creditors | -258,633 | 1,108,005 | -73,626 | 291,086 | -364,918 | 1,442,643 |
| Accruals and Deferred Income | 916,168 | 215,644 | 559,543 | -314,641 | 1,268,122 | 889,029 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | 922,720 | 419,643 | 1,905,298 | -431,798 | 1,546,511 | |
| Investing Activities | ||||||
| capital expenditure | -820,849 | |||||
| Change in Investments | ||||||
| cash flow from investments | -820,849 | |||||
| Financing Activities | ||||||
| Bank loans | 3,084,600 | 93,845 | 207,976 | 83,333 | -75,000 | 75,000 |
| Group/Directors Accounts | -99,900 | 150,000 | ||||
| Other Short Term Loans | -292,581 | 292,581 | ||||
| Long term loans | -3,463,072 | 1,624,750 | 921,655 | 916,667 | -42,740 | 42,740 |
| Hire Purchase and Lease Commitments | 161,388 | |||||
| other long term liabilities | 342,407 | 718,034 | 319,157 | |||
| share issue | ||||||
| interest | -479,523 | -223,279 | -88,206 | -3,399 | -64,680 | -73,102 |
| cash flow from financing | -454,100 | 4,300,332 | 1,360,582 | 996,601 | 1,931,347 | 2,811,768 |
| cash and cash equivalents | ||||||
| cash | -579,301 | -303,343 | 1,138,393 | -443,931 | 1,311,072 | 11,234 |
| overdraft | 6 | -46,448 | 46,448 | |||
| change in cash | -579,307 | -303,343 | 1,138,393 | -443,931 | 1,357,520 | -35,214 |
incipio group management ltd Credit Report and Business Information
Incipio Group Management Ltd Competitor Analysis
Perform a competitor analysis for incipio group management ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
incipio group management ltd Ownership
INCIPIO GROUP MANAGEMENT LTD group structure
Incipio Group Management Ltd has 5 subsidiary companies.
Ultimate parent company
INCIPIO GROUP MANAGEMENT LTD
10951081
5 subsidiaries
incipio group management ltd directors
Incipio Group Management Ltd currently has 6 directors. The longest serving directors include Mr Edward Devenport (Sep 2017) and Mr Andrew Devenport (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Devenport | United Kingdom | 39 years | Sep 2017 | - | Director |
| Mr Andrew Devenport | England | 66 years | Oct 2019 | - | Director |
| Mr David Roberts | England | 56 years | Dec 2020 | - | Director |
| Mr Ian Edward | 65 years | Sep 2022 | - | Director | |
| Mr Archie Ward | United Kingdom | 34 years | Sep 2022 | - | Director |
| Mr Archie Ward | England | 34 years | Sep 2022 | - | Director |
P&L
December 2023turnover
26.3m
+28%
operating profit
-1.1m
-27%
gross margin
78%
+2.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
571.6k
-0.73%
total assets
11.3m
-0.07%
cash
1.1m
-0.34%
net assets
Total assets minus all liabilities
Similar Companies
incipio group management ltd company details
company number
10951081
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HAYSMACINTYRE LLP
address
4 o'meara street, london, SE1 1TE
Bank
-
Legal Advisor
-
incipio group management 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 found 1 charges/mortgages relating to incipio group management ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
incipio group management 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.
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incipio group management ltd Companies House Filings - See Documents
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