iqgeo uk limited
iqgeo uk limited Company Information
Company Number
11559043
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Business and domestic software development
Shareholders
iqgeo group plc
Group Structure
View All
Contact
Registered Address
nine hills road, cambridge, CB2 1GE
Website
http://www.ubisense.comiqgeo uk limited Estimated Valuation
Pomanda estimates the enterprise value of IQGEO UK LIMITED at £13.4m based on a Turnover of £11.5m and 1.17x industry multiple (adjusted for size and gross margin).
iqgeo uk limited Estimated Valuation
Pomanda estimates the enterprise value of IQGEO UK LIMITED at £7.5m based on an EBITDA of £947k and a 7.88x industry multiple (adjusted for size and gross margin).
iqgeo uk limited Estimated Valuation
Pomanda estimates the enterprise value of IQGEO UK LIMITED at £0 based on Net Assets of £-16.1m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Iqgeo Uk Limited Overview
Iqgeo Uk Limited is a live company located in cambridge, CB2 1GE with a Companies House number of 11559043. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2018, it's largest shareholder is iqgeo group plc with a 100% stake. Iqgeo Uk Limited is a young, mid sized company, Pomanda has estimated its turnover at £11.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Iqgeo Uk Limited Health Check
Pomanda's financial health check has awarded Iqgeo Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £11.5m, make it larger than the average company (£4.1m)
£11.5m - Iqgeo Uk Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (8.4%)
56% - Iqgeo Uk Limited
8.4% - Industry AVG
Production
with a gross margin of 83.6%, this company has a lower cost of product (52%)
83.6% - Iqgeo Uk Limited
52% - Industry AVG
Profitability
an operating margin of 7.8% make it more profitable than the average company (5.1%)
7.8% - Iqgeo Uk Limited
5.1% - Industry AVG
Employees
with 43 employees, this is above the industry average (29)
43 - Iqgeo Uk Limited
29 - Industry AVG
Pay Structure
on an average salary of £126.2k, the company has a higher pay structure (£63.1k)
£126.2k - Iqgeo Uk Limited
£63.1k - Industry AVG
Efficiency
resulting in sales per employee of £267k, this is more efficient (£144k)
£267k - Iqgeo Uk Limited
£144k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (53 days)
23 days - Iqgeo Uk Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (32 days)
30 days - Iqgeo Uk Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iqgeo Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (19 weeks)
5 weeks - Iqgeo Uk Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 199.5%, this is a higher level of debt than the average (61%)
199.5% - Iqgeo Uk Limited
61% - Industry AVG
IQGEO UK LIMITED financials
Iqgeo Uk Limited's latest turnover from December 2023 is £11.5 million and the company has net assets of -£16.1 million. According to their latest financial statements, Iqgeo Uk Limited has 43 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 11,481,000 | 6,653,000 | 3,843,000 | 3,019,000 | 3,865,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,889,000 | 648,000 | 196,000 | 102,000 | 74,000 |
| Gross Profit | 9,592,000 | 6,005,000 | 3,647,000 | 2,917,000 | 3,791,000 |
| Admin Expenses | 8,696,000 | 7,590,000 | 9,315,000 | 8,686,000 | 10,831,000 |
| Operating Profit | 896,000 | -1,585,000 | -5,668,000 | -5,769,000 | -7,040,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 15,000 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 911,000 | -1,585,000 | -5,668,000 | -5,769,000 | -7,040,000 |
| Tax | -153,000 | 1,091,000 | 746,000 | 399,000 | 0 |
| Profit After Tax | 758,000 | -494,000 | -4,922,000 | -5,370,000 | -7,040,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 758,000 | -494,000 | -4,922,000 | -5,370,000 | -7,040,000 |
| Employee Costs | 5,426,000 | 3,459,000 | 2,510,000 | 2,101,000 | 1,931,000 |
| Number Of Employees | 43 | 31 | 22 | 18 | 17 |
| EBITDA* | 947,000 | -1,558,000 | -2,133,000 | -1,915,000 | -2,887,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 88,000 | 63,000 | 35,000 | 26,000 | 33,000 |
| Intangible Assets | 8,000 | 12,000 | 17,000 | 3,533,000 | 7,365,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 96,000 | 75,000 | 52,000 | 3,559,000 | 7,398,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 728,000 | 435,000 | 22,000 | 56,000 | 9,000 |
| Group Debtors | 11,778,000 | 11,048,000 | 3,729,000 | 2,580,000 | 1,443,000 |
| Misc Debtors | 425,000 | 899,000 | 508,000 | 632,000 | 287,000 |
| Cash | 3,152,000 | 1,232,000 | 2,238,000 | 52,000 | 725,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,083,000 | 13,614,000 | 6,497,000 | 3,320,000 | 2,464,000 |
| total assets | 16,179,000 | 13,689,000 | 6,549,000 | 6,879,000 | 9,862,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 158,000 | 287,000 | 123,000 | 2,000 | 72,000 |
| Group/Directors Accounts | 30,465,000 | 29,554,000 | 22,803,000 | 18,510,000 | 16,220,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,649,000 | 1,058,000 | 554,000 | 568,000 | 475,000 |
| total current liabilities | 32,272,000 | 30,899,000 | 23,480,000 | 19,080,000 | 16,767,000 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 32,272,000 | 30,899,000 | 23,480,000 | 19,080,000 | 16,767,000 |
| net assets | -16,093,000 | -17,210,000 | -16,931,000 | -12,201,000 | -6,905,000 |
| total shareholders funds | -16,093,000 | -17,210,000 | -16,931,000 | -12,201,000 | -6,905,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 896,000 | -1,585,000 | -5,668,000 | -5,769,000 | -7,040,000 |
| Depreciation | 34,000 | 22,000 | 17,000 | 20,000 | 20,000 |
| Amortisation | 17,000 | 5,000 | 3,518,000 | 3,834,000 | 4,133,000 |
| Tax | -153,000 | 1,091,000 | 746,000 | 399,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 549,000 | 8,123,000 | 991,000 | 1,529,000 | 1,739,000 |
| Creditors | -129,000 | 164,000 | 121,000 | -70,000 | 72,000 |
| Accruals and Deferred Income | 591,000 | 504,000 | -14,000 | 93,000 | 475,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 707,000 | -7,922,000 | -2,271,000 | -3,022,000 | -4,079,000 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 911,000 | 6,751,000 | 4,293,000 | 2,290,000 | 16,220,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 15,000 | 0 | 0 | 0 | 0 |
| cash flow from financing | 1,285,000 | 6,966,000 | 4,485,000 | 2,364,000 | 16,355,000 |
| cash and cash equivalents | |||||
| cash | 1,920,000 | -1,006,000 | 2,186,000 | -673,000 | 725,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,920,000 | -1,006,000 | 2,186,000 | -673,000 | 725,000 |
iqgeo uk limited Credit Report and Business Information
Iqgeo Uk Limited Competitor Analysis
Perform a competitor analysis for iqgeo uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in CB2 area or any other competitors across 12 key performance metrics.
iqgeo uk limited Ownership
IQGEO UK LIMITED group structure
Iqgeo Uk Limited has no subsidiary companies.
iqgeo uk limited directors
Iqgeo Uk Limited currently has 5 directors. The longest serving directors include Mr Riccardo Petti (Sep 2018) and Mr Steven Tongish (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Riccardo Petti | United Kingdom | 57 years | Sep 2018 | - | Director |
| Mr Steven Tongish | United Kingdom | 63 years | Jun 2020 | - | Director |
| Haywood Chapman | United Kingdom | 51 years | Sep 2020 | - | Director |
| Mr Haywood Chapman | United Kingdom | 51 years | Sep 2020 | - | Director |
| Mrs Claire Clarson | United Kingdom | 41 years | Aug 2024 | - | Director |
P&L
December 2023turnover
11.5m
+73%
operating profit
896k
-157%
gross margin
83.6%
-7.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-16.1m
-0.06%
total assets
16.2m
+0.18%
cash
3.2m
+1.56%
net assets
Total assets minus all liabilities
Similar Companies
iqgeo uk limited company details
company number
11559043
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
82990 - Other business support service activities n.e.c.
62012 - Business and domestic software development
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
nine hills road, cambridge, CB2 1GE
Bank
-
Legal Advisor
-
iqgeo uk 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 2 charges/mortgages relating to iqgeo uk limited. Currently there are 1 open charges and 1 have been satisfied in the past.
iqgeo uk 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 IQGEO UK LIMITED. This can take several minutes, an email will notify you when this has completed.
iqgeo uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
