islandbridge algers limited
islandbridge algers limited Company Information
Company Number
11109782
Website
-Registered Address
188 high road, loughton, essex, IG10 1DN
Industry
Development of building projects
Telephone
02084188360
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
apollo property investment limited 100%
islandbridge algers limited Estimated Valuation
Pomanda estimates the enterprise value of ISLANDBRIDGE ALGERS LIMITED at £1.8m based on a Turnover of £3.2m and 0.57x industry multiple (adjusted for size and gross margin).
islandbridge algers limited Estimated Valuation
Pomanda estimates the enterprise value of ISLANDBRIDGE ALGERS LIMITED at £33.9k based on an EBITDA of £7.9k and a 4.32x industry multiple (adjusted for size and gross margin).
islandbridge algers limited Estimated Valuation
Pomanda estimates the enterprise value of ISLANDBRIDGE ALGERS LIMITED at £2k based on Net Assets of £1.3k and 1.55x industry multiple (adjusted for liquidity).
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Islandbridge Algers Limited Overview
Islandbridge Algers Limited is a live company located in essex, IG10 1DN with a Companies House number of 11109782. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2017, it's largest shareholder is apollo property investment limited with a 100% stake. Islandbridge Algers Limited is a young, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.
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Islandbridge Algers Limited Health Check
Pomanda's financial health check has awarded Islandbridge Algers Limited a 3.5 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £3.2m, make it larger than the average company (£2.4m)
- Islandbridge Algers Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.4%)
- Islandbridge Algers Limited
5.4% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Islandbridge Algers Limited
26.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (8%)
- Islandbridge Algers Limited
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Islandbridge Algers Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Islandbridge Algers Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£294.9k)
- Islandbridge Algers Limited
£294.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Islandbridge Algers Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (31 days)
- Islandbridge Algers Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 856 days, this is more than average (218 days)
- Islandbridge Algers Limited
218 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Islandbridge Algers Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (74.6%)
100% - Islandbridge Algers Limited
74.6% - Industry AVG
ISLANDBRIDGE ALGERS LIMITED financials
Islandbridge Algers Limited's latest turnover from March 2024 is estimated at £3.2 million and the company has net assets of £1.3 thousand. According to their latest financial statements, Islandbridge Algers Limited has 2 employees and maintains cash reserves of £13.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 5,444,830 | 3,674,280 | 2,632,070 | 1,953,366 | 1,023,809 | 1,007,855 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 76 | 332 | 1,706 | 1,650 | 11 | 3,896 |
| Cash | 13,274 | 13,956 | 54,170 | 20,995 | 3,776 | 9,244 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,458,180 | 3,688,568 | 2,687,946 | 1,976,011 | 1,027,596 | 1,020,995 |
| total assets | 5,458,180 | 3,688,568 | 2,687,946 | 1,976,011 | 1,027,596 | 1,020,995 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 423,460 | 0 | 0 | 0 | 2,795 | 4,440 |
| Group/Directors Accounts | 5,029,900 | 3,677,900 | 2,692,900 | 1,992,900 | 1,039,900 | 1,029,900 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,501 | 15,748 | 15,390 | 1,500 | 1,500 | 1,500 |
| total current liabilities | 5,456,861 | 3,693,648 | 2,708,290 | 1,994,400 | 1,044,195 | 1,035,840 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,456,861 | 3,693,648 | 2,708,290 | 1,994,400 | 1,044,195 | 1,035,840 |
| net assets | 1,319 | -5,080 | -20,344 | -18,389 | -16,599 | -14,845 |
| total shareholders funds | 1,319 | -5,080 | -20,344 | -18,389 | -16,599 | -14,845 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 1,770,550 | 1,042,210 | 678,704 | 929,557 | 15,954 | 1,007,855 |
| Debtors | -256 | -1,374 | 56 | 1,639 | -3,885 | 3,896 |
| Creditors | 423,460 | 0 | 0 | -2,795 | -1,645 | 4,440 |
| Accruals and Deferred Income | -12,247 | 358 | 13,890 | 0 | 0 | 1,500 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,352,000 | 985,000 | 700,000 | 953,000 | 10,000 | 1,029,900 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -682 | -40,214 | 33,175 | 17,219 | -5,468 | 9,244 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -682 | -40,214 | 33,175 | 17,219 | -5,468 | 9,244 |
islandbridge algers limited Credit Report and Business Information
Islandbridge Algers Limited Competitor Analysis
Perform a competitor analysis for islandbridge algers limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG10 area or any other competitors across 12 key performance metrics.
islandbridge algers limited Ownership
ISLANDBRIDGE ALGERS LIMITED group structure
Islandbridge Algers Limited has no subsidiary companies.
Ultimate parent company
1 parent
ISLANDBRIDGE ALGERS LIMITED
11109782
islandbridge algers limited directors
Islandbridge Algers Limited currently has 2 directors. The longest serving directors include Mr Gary Couch (Dec 2017) and Mr Stephen Allen (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Couch | England | 61 years | Dec 2017 | - | Director |
| Mr Stephen Allen | 68 years | Jan 2018 | - | Director |
P&L
March 2024turnover
3.2m
+40%
operating profit
7.9k
0%
gross margin
26.5%
+2.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.3k
-1.26%
total assets
5.5m
+0.48%
cash
13.3k
-0.05%
net assets
Total assets minus all liabilities
islandbridge algers limited company details
company number
11109782
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
islandbridge ponsbourne limited (August 2018)
accountant
COOK & PARTNERS LTD
auditor
-
address
188 high road, loughton, essex, IG10 1DN
Bank
-
Legal Advisor
-
islandbridge algers 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 found 1 charges/mortgages relating to islandbridge algers limited. Currently there are 1 open charges and 0 have been satisfied in the past.
islandbridge algers limited Companies House Filings - See Documents
| date | description | view/download |
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