Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
148 northcote road, london, SW11 6RD
Website
-
ifoodlab ltdEstimated Valuation
£17.1k
Pomanda estimates the enterprise value of IFOODLAB LTD at £17.1k based on a Turnover of £38.7k and 0.44x industry multiple (adjusted for size and gross margin).
ifoodlab ltdEstimated Valuation
£82.7k
Pomanda estimates the enterprise value of IFOODLAB LTD at £82.7k based on an EBITDA of £27.3k and a 3.03x industry multiple (adjusted for size and gross margin).
ifoodlab ltdEstimated Valuation
£49k
Pomanda estimates the enterprise value of IFOODLAB LTD at £49k based on Net Assets of £21.9k and 2.24x industry multiple (adjusted for liquidity).
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Ifoodlab LtdOverview
Ifoodlab Ltd is a live company located in london, SW11 6RD with a Companies House number of 11028812. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2017, it's largest shareholder is
hans gallorini
with a 90% stake. Ifoodlab Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£38.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Ifoodlab Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £38.7k, make it smaller than the average company (£2.9m)
£38.7k - Ifoodlab Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (7.2%)
78% - Ifoodlab Ltd
7.2% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (45%)
24.2% - Ifoodlab Ltd
45% - Industry AVG
Profitability
an operating margin of 68.4% make it more profitable than the average company (5.6%)
68.4% - Ifoodlab Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Ifoodlab Ltd
23 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Ifoodlab Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £38.7k, this is less efficient (£125.4k)
£38.7k - Ifoodlab Ltd
£125.4k - Industry AVG
Debtor Days
it gets paid by customers after 130 days, this is later than average (56 days)
130 days - Ifoodlab Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (31 days)
25 days - Ifoodlab Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ifoodlab Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 57 weeks, this is more cash available to meet short term requirements (24 weeks)
57 weeks - Ifoodlab Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a higher level of debt than the average (53.3%)
71.2% - Ifoodlab Ltd
53.3% - Industry AVG
IFOODLAB LTD financials
EXPORT
Ifoodlab Ltd's latest turnover from December 2023 is estimated at £38.7 thousand and the company has net assets of £21.9 thousand. According to their latest financial statements, we estimate that Ifoodlab Ltd has 1 employee and maintains cash reserves of £60.2 thousand 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
38,685
3,599
5,156
6,916
20,690
33,076
Other Income Or Grants
Cost Of Sales
29,319
2,753
4,017
5,291
15,698
25,085
Gross Profit
9,366
846
1,139
1,626
4,992
7,991
Admin Expenses
-17,097
1,805
1,186
14,552
-181
-2,397
Operating Profit
26,463
-959
-47
-12,926
5,173
10,388
Interest Payable
Interest Receivable
2,543
959
47
28
248
115
Pre-Tax Profit
29,005
-12,898
5,421
10,502
Tax
-7,251
-1,030
-1,995
Profit After Tax
21,754
-12,898
4,391
8,507
Dividends Paid
Retained Profit
21,754
-12,898
4,391
8,507
Employee Costs
53,961
51,045
48,755
47,595
47,740
46,257
Number Of Employees
1
1
1
1
1
1
EBITDA*
27,324
-245
55
-12,926
5,173
10,388
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
1,767
2,628
2,336
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,767
2,628
2,336
Stock & work in progress
Trade Debtors
13,808
498
Group Debtors
3,114
6,158
Misc Debtors
111
669
560
560
677
Cash
60,163
36,699
18,127
19,746
35,372
30,640
misc current assets
total current assets
74,082
37,368
21,801
26,464
35,870
31,317
total assets
75,849
39,996
24,137
26,464
35,870
31,317
Bank overdraft
Bank loan
Trade Creditors
2,082
1,369
1,935
2,494
22,872
11,680
Group/Directors Accounts
24,238
23,267
10,349
5,356
other short term finances
hp & lease commitments
other current liabilities
27,675
15,260
11,753
18,514
11,030
total current liabilities
53,995
39,896
24,037
26,364
22,872
22,710
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
53,995
39,896
24,037
26,364
22,872
22,710
net assets
21,854
100
100
100
12,998
8,607
total shareholders funds
21,854
100
100
100
12,998
8,607
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
26,463
-959
-47
-12,926
5,173
10,388
Depreciation
861
714
102
Amortisation
Tax
-7,251
-1,030
-1,995
Stock
Debtors
13,250
-3,005
-3,044
6,220
-179
677
Creditors
713
-566
-559
-20,378
11,192
11,680
Accruals and Deferred Income
12,415
3,507
-6,761
18,514
-11,030
11,030
Deferred Taxes & Provisions
Cash flow from operations
19,951
5,701
-4,221
-21,010
4,484
30,426
Investing Activities
capital expenditure
-1,006
-2,438
Change in Investments
cash flow from investments
-1,006
-2,438
Financing Activities
Bank loans
Group/Directors Accounts
971
12,918
4,993
5,356
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
2,543
959
47
28
248
115
cash flow from financing
3,514
13,877
5,040
5,384
248
215
cash and cash equivalents
cash
23,464
18,572
-1,619
-15,626
4,732
30,640
overdraft
change in cash
23,464
18,572
-1,619
-15,626
4,732
30,640
ifoodlab ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ifoodlab ltd. Get real-time insights into ifoodlab ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ifoodlab ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SW11 area or any other competitors across 12 key performance metrics.
ifoodlab ltd Ownership
IFOODLAB LTD group structure
Ifoodlab Ltd has no subsidiary companies.
Ultimate parent company
IFOODLAB LTD
11028812
IFOODLAB LTD Shareholders
The largest shareholders in Ifoodlab Ltd include Hans Gallorini and 2V Holdings Ltd.
hans gallorini
90%
2v holdings ltd
10%
ifoodlab ltd directors
Ifoodlab Ltd currently has 2 directors.
The longest serving directors include
Mr Hans Gallorini (Oct 2017) and
Mr Michele Vigano (Oct 2017).
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
148 northcote road, london, SW11 6RD
Bank
-
Legal Advisor
-
ifoodlab 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 ifoodlab ltd.
ifoodlab ltd Capital Raised & Share Issues BETA
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ifoodlab ltdCompanies House Filings - See Documents
