idd commercial limited
idd commercial limited Company Information
Company Number
11061069
Website
-Registered Address
1 pinnacle way, pride park, derby, DE24 8ZS
Industry
Development of building projects
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
jowett holdings limited 33.4%
nazif & son holdings limited 33.3%
View Allidd commercial limited Estimated Valuation
Pomanda estimates the enterprise value of IDD COMMERCIAL LIMITED at £220.5k based on a Turnover of £416.1k and 0.53x industry multiple (adjusted for size and gross margin).
idd commercial limited Estimated Valuation
Pomanda estimates the enterprise value of IDD COMMERCIAL LIMITED at £0 based on an EBITDA of £-9.4k and a 3.96x industry multiple (adjusted for size and gross margin).
idd commercial limited Estimated Valuation
Pomanda estimates the enterprise value of IDD COMMERCIAL LIMITED at £16.5k based on Net Assets of £12.3k and 1.34x industry multiple (adjusted for liquidity).
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Idd Commercial Limited Overview
Idd Commercial Limited is a live company located in derby, DE24 8ZS with a Companies House number of 11061069. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2017, it's largest shareholder is jowett holdings limited with a 33.4% stake. Idd Commercial Limited is a young, micro sized company, Pomanda has estimated its turnover at £416.1k with declining growth in recent years.
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Idd Commercial Limited Health Check
Pomanda's financial health check has awarded Idd Commercial Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £416.1k, make it smaller than the average company (£2.3m)
- Idd Commercial Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1.8%)
- Idd Commercial Limited
1.8% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Idd Commercial Limited
25.9% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (9.8%)
- Idd Commercial Limited
9.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Idd Commercial Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Idd Commercial Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £138.7k, this is less efficient (£289k)
- Idd Commercial Limited
£289k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Idd Commercial Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- Idd Commercial Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 501 days, this is more than average (162 days)
- Idd Commercial Limited
162 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Idd Commercial Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.8%, this is a higher level of debt than the average (74.9%)
98.8% - Idd Commercial Limited
74.9% - Industry AVG
IDD COMMERCIAL LIMITED financials
Idd Commercial Limited's latest turnover from December 2022 is estimated at £416.1 thousand and the company has net assets of £12.3 thousand. According to their latest financial statements, Idd Commercial Limited has 3 employees and maintains cash reserves of £158.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,641 | 9,552 | 11,940 | 14,925 | 18,656 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 75 | 75 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,716 | 9,627 | 11,940 | 14,925 | 18,656 |
| Stock & work in progress | 424,141 | 418,091 | 1,023,675 | 1,188,397 | 999,169 |
| Trade Debtors | 0 | 0 | 840 | 0 | 0 |
| Group Debtors | 444,000 | 758,860 | 701,226 | 0 | 0 |
| Misc Debtors | 1,000 | 1,546 | 4,734 | 8,006 | 532 |
| Cash | 158,346 | 250,243 | 104,564 | 1,433 | 34,816 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,027,487 | 1,428,740 | 1,835,039 | 1,197,836 | 1,034,517 |
| total assets | 1,035,203 | 1,438,367 | 1,846,979 | 1,212,761 | 1,053,173 |
| Bank overdraft | 10,000 | 10,062 | 5,035 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 90 | 90 | 21,555 | 9,221 | 1,546 |
| Group/Directors Accounts | 983,215 | 1,205,215 | 1,219,839 | 1,215,539 | 1,055,498 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,041 | 168,727 | 105,594 | 2,250 | 3,171 |
| total current liabilities | 997,346 | 1,384,094 | 1,352,023 | 1,227,010 | 1,060,215 |
| loans | 24,167 | 34,105 | 44,467 | 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 | 1,394 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,561 | 34,105 | 44,467 | 0 | 0 |
| total liabilities | 1,022,907 | 1,418,199 | 1,396,490 | 1,227,010 | 1,060,215 |
| net assets | 12,296 | 20,168 | 450,489 | -14,249 | -7,042 |
| total shareholders funds | 12,296 | 20,168 | 450,489 | -14,249 | -7,042 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,911 | 2,388 | 2,985 | 3,731 | 4,664 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 6,050 | -605,584 | -164,722 | 189,228 | 999,169 |
| Debtors | -315,406 | 53,606 | 698,794 | 7,474 | 532 |
| Creditors | 0 | -21,465 | 12,334 | 7,675 | 1,546 |
| Accruals and Deferred Income | -164,686 | 63,133 | 103,344 | -921 | 3,171 |
| Deferred Taxes & Provisions | 1,394 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 75 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -222,000 | -14,624 | 4,300 | 160,041 | 1,055,498 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,938 | -10,362 | 44,467 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -91,897 | 145,679 | 103,131 | -33,383 | 34,816 |
| overdraft | -62 | 5,027 | 5,035 | 0 | 0 |
| change in cash | -91,835 | 140,652 | 98,096 | -33,383 | 34,816 |
idd commercial limited Credit Report and Business Information
Idd Commercial Limited Competitor Analysis
Perform a competitor analysis for idd commercial limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in DE24 area or any other competitors across 12 key performance metrics.
idd commercial limited Ownership
IDD COMMERCIAL LIMITED group structure
Idd Commercial Limited has 1 subsidiary company.
Ultimate parent company
IDD COMMERCIAL LIMITED
11061069
1 subsidiary
idd commercial limited directors
Idd Commercial Limited currently has 4 directors. The longest serving directors include Mr Dritan Skenderaj (Nov 2017) and Mr Ian Jowett (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dritan Skenderaj | United Kingdom | 42 years | Nov 2017 | - | Director |
| Mr Ian Jowett | United Kingdom | 51 years | Nov 2017 | - | Director |
| Mr Ian Jowett | United Kingdom | 51 years | Nov 2017 | - | Director |
| Mr Damian McGrath | United Kingdom | 55 years | Jan 2019 | - | Director |
P&L
December 2022turnover
416.1k
+5%
operating profit
-11.3k
0%
gross margin
25.9%
+8.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
12.3k
-0.39%
total assets
1m
-0.28%
cash
158.3k
-0.37%
net assets
Total assets minus all liabilities
Similar Companies
idd commercial limited company details
company number
11061069
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
1 pinnacle way, pride park, derby, DE24 8ZS
accountant
FRANKLINS
auditor
-
idd commercial 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 idd commercial limited.
idd commercial limited Companies House Filings - See Documents
| date | description | view/download |
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