Pomanda estimates the enterprise value of ICS.AI LTD at £3.6m based on a Turnover of £2.6m and 1.39x industry multiple (adjusted for size and gross margin).
ics.ai ltdEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of ICS.AI LTD at £2.8m based on an EBITDA of £552.3k and a 5.08x industry multiple (adjusted for size and gross margin).
ics.ai ltdEstimated Valuation
£4.2m
Pomanda estimates the enterprise value of ICS.AI LTD at £4.2m based on Net Assets of £1.9m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ics.ai LtdOverview
Ics.ai Ltd is a live company located in basingstoke, RG24 8AG with a Companies House number of 11346801. It operates in the other software publishing sector, SIC Code 58290. Founded in May 2018, it's largest shareholder is
martin neale
with a 50.6% stake. Ics.ai Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Ics.Ai Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£6.7m)
£2.6m - Ics.ai Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (10.1%)
-3% - Ics.ai Ltd
10.1% - Industry AVG
Production
with a gross margin of 67.9%, this company has a comparable cost of product (67.9%)
67.9% - Ics.ai Ltd
67.9% - Industry AVG
Profitability
an operating margin of 14.8% make it more profitable than the average company (4.7%)
14.8% - Ics.ai Ltd
4.7% - Industry AVG
Employees
with 20 employees, this is below the industry average (50)
20 - Ics.ai Ltd
50 - Industry AVG
Pay Structure
on an average salary of £87k, the company has an equivalent pay structure (£87k)
£87k - Ics.ai Ltd
£87k - Industry AVG
Efficiency
resulting in sales per employee of £129.9k, this is less efficient (£162.1k)
£129.9k - Ics.ai Ltd
£162.1k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (52 days)
45 days - Ics.ai Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (29 days)
94 days - Ics.ai Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ics.ai Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is more cash available to meet short term requirements (14 weeks)
19 weeks - Ics.ai Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.9%, this is a lower level of debt than the average (53.1%)
43.9% - Ics.ai Ltd
53.1% - Industry AVG
ICS.AI LTD financials
EXPORT
Ics.Ai Ltd's latest turnover from June 2024 is estimated at £2.6 million and the company has net assets of £1.9 million. According to their latest financial statements, Ics.Ai Ltd has 20 employees and maintains cash reserves of £370.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Turnover
2,597,319
2,532,573
3,547,402
2,870,106
1,194,334
749,306
Other Income Or Grants
Cost Of Sales
834,843
734,661
1,021,390
954,511
408,765
257,158
Gross Profit
1,762,476
1,797,912
2,526,012
1,915,595
785,569
492,148
Admin Expenses
1,378,669
2,217,426
1,496,943
1,048,510
384,808
190,622
Operating Profit
383,807
-419,514
1,029,069
867,085
400,761
301,526
Interest Payable
74,313
58,752
20,296
5,972
2,113
Interest Receivable
16,816
21,065
4,921
137
38
56
Pre-Tax Profit
326,311
-457,201
1,013,694
861,251
398,685
301,581
Tax
-81,578
-192,602
-163,638
-75,750
-57,300
Profit After Tax
244,733
-457,201
821,092
697,613
322,935
244,281
Dividends Paid
Retained Profit
244,733
-457,201
821,092
697,613
322,935
244,281
Employee Costs
1,740,253
2,141,568
2,093,982
1,139,892
665,714
465,907
Number Of Employees
20
26
29
16
10
7
EBITDA*
552,275
-363,290
1,151,007
1,014,508
489,783
357,239
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Tangible Assets
19,301
26,044
35,269
19,045
9,171
15,264
Intangible Assets
1,705,753
1,176,067
981,867
536,958
452,689
296,227
Investments & Other
292,671
211,220
84,269
Debtors (Due After 1 year)
Total Fixed Assets
1,725,054
1,202,111
1,309,807
767,223
546,129
311,491
Stock & work in progress
Trade Debtors
322,528
252,605
533,911
621,028
196,392
108,271
Group Debtors
Misc Debtors
923,909
987,190
546,058
87,468
102,084
66,127
Cash
370,737
269,878
572,726
214,609
60,329
14,800
misc current assets
13
total current assets
1,617,187
1,509,673
1,652,695
923,105
358,805
189,198
total assets
3,342,241
2,711,784
2,962,502
1,690,328
904,934
500,689
Bank overdraft
Bank loan
10,000
10,000
10,000
10,000
Trade Creditors
217,212
47,125
31,286
64,280
39,663
79,182
Group/Directors Accounts
76,099
126,099
110,200
other short term finances
479,779
329,428
55,211
73,746
31,683
hp & lease commitments
other current liabilities
282,667
335,516
411,031
157,729
71,776
63,631
total current liabilities
989,658
722,069
507,528
381,854
269,221
253,013
loans
196,484
295,421
368,164
42,756
37,608
hp & lease commitments
Accruals and Deferred Income
other liabilities
30,000
provisions
281,757
64,685
2,595
total long term liabilities
478,241
360,106
368,164
42,756
67,608
2,595
total liabilities
1,467,899
1,082,175
875,692
424,610
336,829
255,608
net assets
1,874,342
1,629,609
2,086,810
1,265,718
568,105
245,081
total shareholders funds
1,874,342
1,629,609
2,086,810
1,265,718
568,105
245,081
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Operating Activities
Operating Profit
383,807
-419,514
1,029,069
867,085
400,761
301,526
Depreciation
17,001
17,729
10,051
9,775
7,122
55,713
Amortisation
151,467
38,495
111,887
137,648
81,900
Tax
-81,578
-192,602
-163,638
-75,750
-57,300
Stock
Debtors
6,642
159,826
371,473
410,020
124,078
174,398
Creditors
170,087
15,839
-32,994
24,617
-39,519
79,182
Accruals and Deferred Income
-52,849
-75,515
253,302
85,953
8,145
63,631
Deferred Taxes & Provisions
217,072
64,685
-2,595
2,595
Cash flow from operations
798,365
-518,107
807,240
551,420
255,986
270,949
Investing Activities
capital expenditure
-691,411
-241,199
-583,071
-241,566
-239,391
-367,204
Change in Investments
-292,671
81,451
126,951
84,269
cash flow from investments
-691,411
51,472
-664,522
-368,517
-323,660
-367,204
Financing Activities
Bank loans
10,000
Group/Directors Accounts
-76,099
-50,000
15,899
110,200
Other Short Term Loans
150,351
274,217
-18,535
42,063
31,683
Long term loans
-98,937
-72,743
325,408
5,148
37,608
Hire Purchase and Lease Commitments
other long term liabilities
-30,000
30,000
share issue
89
800
interest
-57,497
-37,687
-15,375
-5,835
-2,075
56
cash flow from financing
-6,083
163,787
215,399
-28,624
113,204
111,056
cash and cash equivalents
cash
100,859
-302,848
358,117
154,280
45,529
14,800
overdraft
change in cash
100,859
-302,848
358,117
154,280
45,529
14,800
ics.ai 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 ics.ai ltd. Get real-time insights into ics.ai ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ics.ai ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in RG24 area or any other competitors across 12 key performance metrics.
ics.ai ltd Ownership
ICS.AI LTD group structure
Ics.Ai Ltd has no subsidiary companies.
Ultimate parent company
ICS.AI LTD
11346801
ICS.AI LTD Shareholders
The largest shareholders in Ics.Ai Ltd include Martin Neale and Robert Donnelly.
martin neale
50.62%
robert donnelly
19.69%
andrew smith
19.69%
neil howell
10.01%
ics.ai ltd directors
Ics.Ai Ltd currently has 4 directors.
The longest serving directors include
Mr Martin Neale (May 2018) and
Mr Andrew Smith (May 2018).
grove house lutyens close, lychpit, basingstoke, RG24 8AG
Bank
SANTANDER
Legal Advisor
-
ics.ai 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 found 1 charges/mortgages relating to ics.ai ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
ics.ai 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.
Click to start generating capital raising & share issue transactions for ICS.AI LTD. This can take several minutes, an email will notify you when this has completed.
