i2 fast limited

Live YoungSmallHigh

i2 fast limited Company Information

Share I2 FAST LIMITED

Company Number

11127894

Directors

Leslie Jones

Robert Wolff

View All

Shareholders

i2 analytical limited

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

13 maxted road, hemel hempstead industrial estat, hemel hempstead, HP2 7DX

i2 fast limited Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of I2 FAST LIMITED at £3.1m based on a Turnover of £4.5m and 0.69x industry multiple (adjusted for size and gross margin).

i2 fast limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of I2 FAST LIMITED at £1.3m based on an EBITDA of £290k and a 4.63x industry multiple (adjusted for size and gross margin).

i2 fast limited Estimated Valuation

£0

Pomanda estimates the enterprise value of I2 FAST LIMITED at £0 based on Net Assets of £-1.9m and 2.35x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

I2 Fast Limited Overview

I2 Fast Limited is a live company located in hemel hempstead, HP2 7DX with a Companies House number of 11127894. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2017, it's largest shareholder is i2 analytical limited with a 100% stake. I2 Fast Limited is a young, small sized company, Pomanda has estimated its turnover at £4.5m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

I2 Fast Limited Health Check

Pomanda's financial health check has awarded I2 Fast Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £4.5m, make it larger than the average company (£2.9m)

£4.5m - I2 Fast Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.2%)

18% - I2 Fast Limited

7.2% - Industry AVG

production

Production

with a gross margin of 45.3%, this company has a comparable cost of product (45%)

45.3% - I2 Fast Limited

45% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (5.6%)

-0.7% - I2 Fast Limited

5.6% - Industry AVG

employees

Employees

with 62 employees, this is above the industry average (23)

62 - I2 Fast Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.3k, the company has a lower pay structure (£53.5k)

£28.3k - I2 Fast Limited

£53.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.5k, this is less efficient (£126.2k)

£72.5k - I2 Fast Limited

£126.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is near the average (56 days)

55 days - I2 Fast Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is slower than average (31 days)

46 days - I2 Fast Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is in line with average (30 days)

30 days - I2 Fast Limited

30 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (25 weeks)

1 weeks - I2 Fast Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 163%, this is a higher level of debt than the average (53.2%)

163% - I2 Fast Limited

53.2% - Industry AVG

I2 FAST LIMITED financials

EXPORTms excel logo

I2 Fast Limited's latest turnover from December 2023 is £4.5 million and the company has net assets of -£1.9 million. According to their latest financial statements, I2 Fast Limited has 62 employees and maintains cash reserves of £159.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover4,494,4133,893,7023,263,9372,735,217683,3090
Other Income Or Grants000000
Cost Of Sales2,459,4342,179,7782,018,4371,432,964545,1430
Gross Profit2,034,9791,713,9241,245,5001,302,253138,1660
Admin Expenses2,068,8952,064,8771,998,5011,669,0861,108,359-88,382
Operating Profit-33,916-350,953-753,001-366,833-970,19388,382
Interest Payable48,51559,98649,25330,79613,198672
Interest Receivable000000
Pre-Tax Profit-82,431-410,939-802,254-397,629-983,39187,710
Tax13,776454,45480133,000151,0800
Profit After Tax-68,65543,515-801,453-364,629-832,31187,710
Dividends Paid000000
Retained Profit-68,65543,515-801,453-364,629-832,31187,710
Employee Costs1,756,8811,660,8151,659,7961,127,459728,999231,429
Number Of Employees62675839215
EBITDA*289,952-48,918-448,810-75,438-775,012101,397

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets953,633262,8181,568,7951,250,9561,364,781800,487
Intangible Assets471,3551,300,399348,544498,705648,856466,368
Investments & Other67,57867,578335,497000
Debtors (Due After 1 year)417,021400,1680000
Total Fixed Assets1,909,5872,030,9631,917,3391,749,6612,013,6371,266,855
Stock & work in progress208,392174,401158,401123,21244,0900
Trade Debtors681,002575,809440,175501,200254,9330
Group Debtors0044,29010,01818,1650
Misc Debtors112,459157,689136,687158,247194,222123,648
Cash159,114190,50444,489239,8218,5633,379
misc current assets000000
total current assets1,160,9671,098,403878,1101,112,931671,053127,027
total assets3,070,5543,129,3662,795,4492,862,5922,684,6901,393,882
Bank overdraft000000
Bank loan000000
Trade Creditors 314,589265,153396,478532,023219,33620,198
Group/Directors Accounts3,987,3383,650,100000544,517
other short term finances310,914488,190363,252416,211137,4820
hp & lease commitments69,226238,698344,270329,927299,316160,204
other current liabilities256,738301,9403,336,2212,183,3952,003,93925,164
total current liabilities4,938,8054,944,0814,440,2213,461,5562,660,073750,083
loans00531,8221,020,5321,538,4360
hp & lease commitments67,57252,453265,911510,266769,2180
Accruals and Deferred Income000000
other liabilities00000556,088
provisions000000
total long term liabilities67,57252,453265,911510,266769,218556,088
total liabilities5,006,3774,996,5344,706,1323,971,8223,429,2911,306,171
net assets-1,935,823-1,867,168-1,910,683-1,109,230-744,60187,711
total shareholders funds-1,935,823-1,867,168-1,910,683-1,109,230-744,60187,711
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit-33,916-350,953-753,001-366,833-970,19388,382
Depreciation49,57029,879154,030141,24494,93713,015
Amortisation274,298272,156150,161150,151100,2440
Tax13,776454,45480133,000151,0800
Stock33,99116,00035,18979,12244,0900
Debtors76,816512,514-48,313202,145343,672123,648
Creditors49,436-131,325-135,545312,687199,13820,198
Accruals and Deferred Income-45,202-3,034,2811,152,826179,4561,978,77525,164
Deferred Taxes & Provisions000000
Cash flow from operations197,155-3,288,584582,396168,4381,166,21923,111
Investing Activities
capital expenditure-185,63952,087-471,869-27,419-941,963-1,279,870
Change in Investments0-267,919335,497000
cash flow from investments-185,639320,006-807,366-27,419-941,963-1,279,870
Financing Activities
Bank loans000000
Group/Directors Accounts337,2383,650,10000-544,517544,517
Other Short Term Loans -177,276124,938-52,959278,729137,4820
Long term loans0-531,822-488,710-517,9041,538,4360
Hire Purchase and Lease Commitments-154,353-319,030-230,012-228,341908,330160,204
other long term liabilities0000-556,088556,088
share issue0000-11
interest-48,515-59,986-49,253-30,796-13,198-672
cash flow from financing-42,9062,864,200-820,934-498,3121,470,4441,260,138
cash and cash equivalents
cash-31,390146,015-195,332231,2585,1843,379
overdraft000000
change in cash-31,390146,015-195,332231,2585,1843,379

i2 fast limited 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 i2 fast limited. Get real-time insights into i2 fast limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

I2 Fast Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for i2 fast limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in HP2 area or any other competitors across 12 key performance metrics.

i2 fast limited Ownership

I2 FAST LIMITED group structure

I2 Fast Limited has 1 subsidiary company.

Ultimate parent company

1 parent

I2 FAST LIMITED

11127894

1 subsidiary

I2 FAST LIMITED Shareholders

i2 analytical limited 100%

i2 fast limited directors

I2 Fast Limited currently has 6 directors. The longest serving directors include Mr Leslie Jones (Dec 2017) and Mr Robert Wolff (May 2023).

officercountryagestartendrole
Mr Leslie JonesEngland57 years Dec 2017- Director
Mr Robert WolffEngland50 years May 2023- Director
Ms Britt SchuursEngland36 years May 2023- Director
Mariska Van SchaikEngland39 years Dec 2023- Director
Mr Robert Rowlands64 years Nov 2024- Director
Mr Andrew Hockin54 years Nov 2024- Director

P&L

December 2023

turnover

4.5m

+15%

operating profit

-33.9k

-90%

gross margin

45.3%

+2.86%

turnover

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

Balance Sheet

December 2023

net assets

-1.9m

+0.04%

total assets

3.1m

-0.02%

cash

159.1k

-0.16%

net assets

Total assets minus all liabilities

i2 fast limited company details

company number

11127894

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

i2 new co limited (March 2019)

accountant

-

auditor

CROWE UK LLP

address

13 maxted road, hemel hempstead industrial estat, hemel hempstead, HP2 7DX

Bank

-

Legal Advisor

-

i2 fast 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 4 charges/mortgages relating to i2 fast limited. Currently there are 4 open charges and 0 have been satisfied in the past.

i2 fast 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.

Click to start generating capital raising & share issue transactions for I2 FAST LIMITED. This can take several minutes, an email will notify you when this has completed.

i2 fast limited Companies House Filings - See Documents

datedescriptionview/download