ikonic group ltd
ikonic group ltd Company Information
Company Number
11409070
Website
-Registered Address
military house 24 castle street, chester, CH1 2DS
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
luisa nelson 50%
david goodfellow 50%
ikonic group ltd Estimated Valuation
Pomanda estimates the enterprise value of IKONIC GROUP LTD at £1.6m based on a Turnover of £560.4k and 2.91x industry multiple (adjusted for size and gross margin).
ikonic group ltd Estimated Valuation
Pomanda estimates the enterprise value of IKONIC GROUP LTD at £0 based on an EBITDA of £-8.3k and a 6.58x industry multiple (adjusted for size and gross margin).
ikonic group ltd Estimated Valuation
Pomanda estimates the enterprise value of IKONIC GROUP LTD at £49.8k based on Net Assets of £31.4k and 1.58x industry multiple (adjusted for liquidity).
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Ikonic Group Ltd Overview
Ikonic Group Ltd is a live company located in chester, CH1 2DS with a Companies House number of 11409070. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2018, it's largest shareholder is luisa nelson with a 50% stake. Ikonic Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £560.4k with declining growth in recent years.
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Ikonic Group Ltd Health Check
Pomanda's financial health check has awarded Ikonic Group Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £560.4k, make it smaller than the average company (£848.1k)
- Ikonic Group Ltd
£848.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.3%)
- Ikonic Group Ltd
2.3% - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Ikonic Group Ltd
72.4% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (26.6%)
- Ikonic Group Ltd
26.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Ikonic Group Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Ikonic Group Ltd
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £186.8k, this is equally as efficient (£186.8k)
- Ikonic Group Ltd
£186.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ikonic Group Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ikonic Group Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ikonic Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Ikonic Group Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.1%, this is a higher level of debt than the average (67.1%)
86.1% - Ikonic Group Ltd
67.1% - Industry AVG
IKONIC GROUP LTD financials
Ikonic Group Ltd's latest turnover from June 2023 is estimated at £560.4 thousand and the company has net assets of £31.4 thousand. According to their latest financial statements, Ikonic Group Ltd has 3 employees and maintains cash reserves of £6.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 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 | 3 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,573 | 4,626 | 133,894 | 127,944 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 129,798 | 129,798 | 129,798 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 129,798 | 131,371 | 134,424 | 133,894 | 127,944 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 68,693 | 19,560 |
| Group Debtors | 88,843 | 94,343 | 101,000 | 0 | 0 |
| Misc Debtors | 0 | 600 | 600 | 0 | 0 |
| Cash | 6,704 | 18,235 | 20,190 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 95,547 | 113,178 | 121,790 | 68,693 | 19,560 |
| total assets | 225,345 | 244,549 | 256,214 | 202,587 | 147,504 |
| Bank overdraft | 6,374 | 6,210 | 517 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 144,551 | 150,031 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 154,821 | 154,946 | 155,969 | 0 | 0 |
| total current liabilities | 161,195 | 161,156 | 156,486 | 144,551 | 150,031 |
| loans | 32,739 | 38,147 | 49,069 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 900 | 0 |
| other liabilities | 0 | 0 | 0 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 32,739 | 38,147 | 49,069 | 50,900 | 0 |
| total liabilities | 193,934 | 199,303 | 205,555 | 195,451 | 150,031 |
| net assets | 31,411 | 45,246 | 50,659 | 7,136 | -2,527 |
| total shareholders funds | 31,411 | 45,246 | 50,659 | 7,136 | -2,527 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,573 | 3,053 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,100 | -6,657 | 32,907 | 49,133 | 19,560 |
| Creditors | 0 | 0 | -144,551 | -5,480 | 150,031 |
| Accruals and Deferred Income | -125 | -1,023 | 155,069 | 900 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 129,798 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,408 | -10,922 | 49,069 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -50,000 | 50,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -11,531 | -1,955 | 20,190 | 0 | 0 |
| overdraft | 164 | 5,693 | 517 | 0 | 0 |
| change in cash | -11,695 | -7,648 | 19,673 | 0 | 0 |
ikonic group ltd Credit Report and Business Information
Ikonic Group Ltd Competitor Analysis
Perform a competitor analysis for ikonic group ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ikonic group ltd Ownership
IKONIC GROUP LTD group structure
Ikonic Group Ltd has no subsidiary companies.
Ultimate parent company
IKONIC GROUP LTD
11409070
ikonic group ltd directors
Ikonic Group Ltd currently has 2 directors. The longest serving directors include Mrs Luisa Nelson (Jun 2018) and Mr David Goodfellow (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Luisa Nelson | United Kingdom | 41 years | Jun 2018 | - | Director |
| Mr David Goodfellow | 42 years | Jun 2018 | - | Director |
P&L
June 2023turnover
560.4k
+78%
operating profit
-9.9k
0%
gross margin
72.4%
+0.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
31.4k
-0.31%
total assets
225.3k
-0.08%
cash
6.7k
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
ikonic group ltd company details
company number
11409070
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
military house 24 castle street, chester, CH1 2DS
last accounts submitted
June 2023
ikonic group 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 3 charges/mortgages relating to ikonic group ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
ikonic group ltd Companies House Filings - See Documents
| date | description | view/download |
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