the ia engine ltd
the ia engine ltd Company Information
Company Number
11258384
Next Accounts
Sep 2025
Industry
Other personal service activities n.e.c.
Shareholders
the investment association
Group Structure
View All
Contact
Registered Address
23 camomile street, london, EC3A 7LL
the ia engine ltd Estimated Valuation
Pomanda estimates the enterprise value of THE IA ENGINE LTD at £125.2k based on a Turnover of £111.6k and 1.12x industry multiple (adjusted for size and gross margin).
the ia engine ltd Estimated Valuation
Pomanda estimates the enterprise value of THE IA ENGINE LTD at £853.4k based on an EBITDA of £127.5k and a 6.69x industry multiple (adjusted for size and gross margin).
the ia engine ltd Estimated Valuation
Pomanda estimates the enterprise value of THE IA ENGINE LTD at £184.4k based on Net Assets of £93.6k and 1.97x industry multiple (adjusted for liquidity).
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The Ia Engine Ltd Overview
The Ia Engine Ltd is a live company located in london, EC3A 7LL with a Companies House number of 11258384. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2018, it's largest shareholder is the investment association with a 100% stake. The Ia Engine Ltd is a young, micro sized company, Pomanda has estimated its turnover at £111.6k with declining growth in recent years.
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The Ia Engine Ltd Health Check
Pomanda's financial health check has awarded The Ia Engine Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
4 Weak
Size
annual sales of £111.6k, make it smaller than the average company (£1.1m)
£111.6k - The Ia Engine Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.8%)
-1% - The Ia Engine Ltd
7.8% - Industry AVG
Production
with a gross margin of 97.8%, this company has a lower cost of product (42.1%)
97.8% - The Ia Engine Ltd
42.1% - Industry AVG
Profitability
an operating margin of 109.5% make it more profitable than the average company (6.5%)
109.5% - The Ia Engine Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
- The Ia Engine Ltd
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- The Ia Engine Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £55.8k, this is less efficient (£101k)
- The Ia Engine Ltd
£101k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (30 days)
11 days - The Ia Engine Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 146 days, this is slower than average (41 days)
146 days - The Ia Engine Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Ia Engine Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is more cash available to meet short term requirements (40 weeks)
92 weeks - The Ia Engine Ltd
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.1%, this is a lower level of debt than the average (46.8%)
11.1% - The Ia Engine Ltd
46.8% - Industry AVG
THE IA ENGINE LTD financials
The Ia Engine Ltd's latest turnover from December 2023 is £111.6 thousand and the company has net assets of £93.6 thousand. According to their latest financial statements, we estimate that The Ia Engine Ltd has 2 employees and maintains cash reserves of £19.4 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 | 111,605 | 118,550 | 116,300 | 115,900 | 138,100 | 23,800 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,474 | 2,301 | 2,224 | 2,169 | 2,112 | 685 |
| Gross Profit | 109,131 | 116,249 | 114,076 | 113,731 | 135,988 | 23,115 |
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 89,430 | 74,952 | 96,475 | 83,116 | 88,195 | 7,650 |
| Tax | 4,122 | 0 | 0 | 0 | 1,735 | -1,735 |
| Profit After Tax | 93,552 | 74,952 | 96,475 | 83,116 | 89,930 | 5,915 |
| Dividends Paid | 74,952 | 91,611 | 83,116 | 95,845 | 0 | 0 |
| Retained Profit | 18,600 | -16,659 | 13,359 | -12,729 | 89,930 | 5,915 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 19,857 |
| Intangible Assets | 2,966 | 8,309 | 19,457 | 21,899 | 12,170 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,966 | 8,309 | 19,457 | 21,899 | 12,170 | 19,857 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,666 | 1,000 | 1,620 | 2,720 | 4,220 | 2,940 |
| Group Debtors | 79,149 | 5,991 | 0 | 47,750 | 0 | 0 |
| Misc Debtors | 0 | 238 | 612 | 166 | 0 | 2,102 |
| Cash | 19,422 | 78,404 | 148,154 | 26,666 | 118,127 | 30,663 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 102,237 | 85,633 | 150,386 | 77,302 | 122,347 | 35,705 |
| total assets | 105,203 | 93,942 | 169,843 | 99,201 | 134,517 | 55,562 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 990 | 0 | 5,400 | 0 | 0 | 2,752 |
| Group/Directors Accounts | 0 | 0 | 58,417 | 0 | 18,130 | 29,040 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,918 | 14,125 | 9,550 | 16,084 | 20,541 | 17,854 |
| total current liabilities | 10,908 | 14,125 | 73,367 | 16,084 | 38,671 | 49,646 |
| 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 | 742 | 4,864 | 4,864 | 0 | 0 | 0 |
| total long term liabilities | 742 | 4,864 | 4,864 | 0 | 0 | 0 |
| total liabilities | 11,650 | 18,989 | 78,231 | 16,084 | 38,671 | 49,646 |
| net assets | 93,553 | 74,953 | 91,612 | 83,117 | 95,846 | 5,916 |
| total shareholders funds | 93,553 | 74,953 | 91,612 | 83,117 | 95,846 | 5,916 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 7,687 | 3,203 |
| Amortisation | 5,343 | 11,148 | 12,667 | 13,491 | 0 | 0 |
| Tax | 4,122 | 0 | 0 | 0 | 1,735 | -1,735 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 75,586 | 4,997 | -48,404 | 46,416 | -822 | 5,042 |
| Creditors | 990 | -5,400 | 5,400 | 0 | -2,752 | 2,752 |
| Accruals and Deferred Income | -4,207 | 4,575 | -6,534 | -4,457 | 2,687 | 17,854 |
| Deferred Taxes & Provisions | -4,122 | 0 | 4,864 | 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 | 0 | -58,417 | 58,417 | -18,130 | -10,910 | 29,040 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | -58,417 | 53,553 | -18,130 | -10,910 | 29,041 |
| cash and cash equivalents | ||||||
| cash | -58,982 | -69,750 | 121,488 | -91,461 | 87,464 | 30,663 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -58,982 | -69,750 | 121,488 | -91,461 | 87,464 | 30,663 |
the ia engine ltd Credit Report and Business Information
The Ia Engine Ltd Competitor Analysis
Perform a competitor analysis for the ia engine ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EC3A area or any other competitors across 12 key performance metrics.
the ia engine ltd Ownership
THE IA ENGINE LTD group structure
The Ia Engine Ltd has no subsidiary companies.
the ia engine ltd directors
The Ia Engine Ltd currently has 2 directors. The longest serving directors include Mr Christopher Cummings (Mar 2018) and Mr Jack Knight (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Cummings | England | 57 years | Mar 2018 | - | Director |
| Mr Jack Knight | Uk | 49 years | Mar 2018 | - | Director |
P&L
December 2023turnover
111.6k
-6%
operating profit
122.2k
0%
gross margin
97.8%
-0.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
93.6k
+0.25%
total assets
105.2k
+0.12%
cash
19.4k
-0.75%
net assets
Total assets minus all liabilities
the ia engine ltd company details
company number
11258384
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
ia velocity limited (March 2020)
accountant
-
auditor
-
address
23 camomile street, london, EC3A 7LL
Bank
-
Legal Advisor
-
the ia engine 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 the ia engine ltd.
the ia engine 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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the ia engine ltd Companies House Filings - See Documents
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