iridium corporate finance limited
iridium corporate finance limited Company Information
Company Number
11554306
Next Accounts
Jun 2025
Directors
Shareholders
jeremy howard millard
beatrix irene millard
Group Structure
View All
Industry
Financial management
Registered Address
7 hill view road, twickenham, TW1 1EB
Website
-iridium corporate finance limited Estimated Valuation
Pomanda estimates the enterprise value of IRIDIUM CORPORATE FINANCE LIMITED at £122.9k based on a Turnover of £173.9k and 0.71x industry multiple (adjusted for size and gross margin).
iridium corporate finance limited Estimated Valuation
Pomanda estimates the enterprise value of IRIDIUM CORPORATE FINANCE LIMITED at £0 based on an EBITDA of £-123.2k and a 5.45x industry multiple (adjusted for size and gross margin).
iridium corporate finance limited Estimated Valuation
Pomanda estimates the enterprise value of IRIDIUM CORPORATE FINANCE LIMITED at £1.3m based on Net Assets of £367.7k and 3.51x industry multiple (adjusted for liquidity).
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Iridium Corporate Finance Limited Overview
Iridium Corporate Finance Limited is a live company located in twickenham, TW1 1EB with a Companies House number of 11554306. It operates in the financial management sector, SIC Code 70221. Founded in September 2018, it's largest shareholder is jeremy howard millard with a 50% stake. Iridium Corporate Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £173.9k with rapid growth in recent years.
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Iridium Corporate Finance Limited Health Check
Pomanda's financial health check has awarded Iridium Corporate Finance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £173.9k, make it smaller than the average company (£784.5k)
- Iridium Corporate Finance Limited
£784.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (8.8%)
- Iridium Corporate Finance Limited
8.8% - Industry AVG
Production
with a gross margin of 80.7%, this company has a comparable cost of product (80.7%)
- Iridium Corporate Finance Limited
80.7% - Industry AVG
Profitability
an operating margin of -77.3% make it less profitable than the average company (8.3%)
- Iridium Corporate Finance Limited
8.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Iridium Corporate Finance Limited
5 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Iridium Corporate Finance Limited
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £173.9k, this is more efficient (£140.2k)
- Iridium Corporate Finance Limited
£140.2k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is near the average (68 days)
- Iridium Corporate Finance Limited
68 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Iridium Corporate Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iridium Corporate Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 834 weeks, this is more cash available to meet short term requirements (35 weeks)
834 weeks - Iridium Corporate Finance Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (52.5%)
7.5% - Iridium Corporate Finance Limited
52.5% - Industry AVG
IRIDIUM CORPORATE FINANCE LIMITED financials
Iridium Corporate Finance Limited's latest turnover from September 2023 is estimated at £173.9 thousand and the company has net assets of £367.7 thousand. According to their latest financial statements, Iridium Corporate Finance Limited has 1 employee and maintains cash reserves of £314.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 40,355 | 51,429 | 2,030 | 3,102 | 654 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 40,355 | 51,429 | 2,030 | 3,102 | 654 |
| Stock & work in progress | |||||
| Trade Debtors | 36,250 | 1,448 | |||
| Group Debtors | |||||
| Misc Debtors | 6,508 | 6,060 | 30,000 | ||
| Cash | 314,268 | 548,693 | 156,826 | 22,109 | 1,165 |
| misc current assets | |||||
| total current assets | 357,026 | 554,753 | 186,826 | 23,557 | 1,165 |
| total assets | 397,381 | 606,182 | 188,856 | 26,659 | 1,819 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 4,078 | 2,340 | 2,340 | 1,608 | |
| Group/Directors Accounts | 24,179 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 19,580 | 109,707 | 37,596 | 10,666 | 3,336 |
| total current liabilities | 19,580 | 113,785 | 39,936 | 13,006 | 29,123 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 10,089 | 12,857 | |||
| total long term liabilities | 10,089 | 12,857 | |||
| total liabilities | 29,669 | 126,642 | 39,936 | 13,006 | 29,123 |
| net assets | 367,712 | 479,540 | 148,920 | 13,653 | -27,304 |
| total shareholders funds | 367,712 | 479,540 | 148,920 | 13,653 | -27,304 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 11,319 | 8,280 | 1,443 | 837 | 19 |
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 36,698 | -23,940 | 28,552 | 1,448 | |
| Creditors | -4,078 | 1,738 | 732 | 1,608 | |
| Accruals and Deferred Income | -90,127 | 72,111 | 26,930 | 7,330 | 3,336 |
| Deferred Taxes & Provisions | -2,768 | 12,857 | |||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -24,179 | 24,179 | |||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -234,425 | 391,867 | 134,717 | 20,944 | 1,165 |
| overdraft | |||||
| change in cash | -234,425 | 391,867 | 134,717 | 20,944 | 1,165 |
iridium corporate finance limited Credit Report and Business Information
Iridium Corporate Finance Limited Competitor Analysis
Perform a competitor analysis for iridium corporate finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TW1 area or any other competitors across 12 key performance metrics.
iridium corporate finance limited Ownership
IRIDIUM CORPORATE FINANCE LIMITED group structure
Iridium Corporate Finance Limited has no subsidiary companies.
Ultimate parent company
IRIDIUM CORPORATE FINANCE LIMITED
11554306
iridium corporate finance limited directors
Iridium Corporate Finance Limited currently has 1 director, Mr Jeremy Millard serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Millard | United Kingdom | 53 years | Sep 2018 | - | Director |
P&L
September 2023turnover
173.9k
+73%
operating profit
-134.5k
0%
gross margin
80.7%
-3.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
367.7k
-0.23%
total assets
397.4k
-0.34%
cash
314.3k
-0.43%
net assets
Total assets minus all liabilities
iridium corporate finance limited company details
company number
11554306
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
EVELYN PARTNERS LLP
auditor
-
address
7 hill view road, twickenham, TW1 1EB
Bank
-
Legal Advisor
-
iridium corporate finance 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 did not find charges/mortgages relating to iridium corporate finance limited.
iridium corporate finance 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 IRIDIUM CORPORATE FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
iridium corporate finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
