igf developments limited

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igf developments limited Company Information

Share IGF DEVELOPMENTS LIMITED

Company Number

11627655

Directors

Robert Mason

Robert Mason

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Shareholders

ion property developments limited

Group Structure

View All

Industry

Development of building projects

 

Registered Address

port of liverpool building, first floor, liverpool, L3 1BY

igf developments limited Estimated Valuation

£30.5k

Pomanda estimates the enterprise value of IGF DEVELOPMENTS LIMITED at £30.5k based on a Turnover of £64.8k and 0.47x industry multiple (adjusted for size and gross margin).

igf developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IGF DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-692 and a 3.72x industry multiple (adjusted for size and gross margin).

igf developments limited Estimated Valuation

£31.8k

Pomanda estimates the enterprise value of IGF DEVELOPMENTS LIMITED at £31.8k based on Net Assets of £22.5k and 1.41x industry multiple (adjusted for liquidity).

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Igf Developments Limited Overview

Igf Developments Limited is a live company located in liverpool, L3 1BY with a Companies House number of 11627655. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2018, it's largest shareholder is ion property developments limited with a 100% stake. Igf Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £64.8k with declining growth in recent years.

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Igf Developments Limited Health Check

Pomanda's financial health check has awarded Igf Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £64.8k, make it smaller than the average company (£2.2m)

£64.8k - Igf Developments Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7%)

0% - Igf Developments Limited

7% - Industry AVG

production

Production

with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)

26.5% - Igf Developments Limited

26.5% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (7.4%)

-1.1% - Igf Developments Limited

7.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Igf Developments Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £49k, the company has an equivalent pay structure (£49k)

£49k - Igf Developments Limited

£49k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.8k, this is less efficient (£273.9k)

£64.8k - Igf Developments Limited

£273.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Igf Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Igf Developments Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 383 days, this is more than average (207 days)

383 days - Igf Developments Limited

207 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)

2 weeks - Igf Developments Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.2%, this is a lower level of debt than the average (73.6%)

56.2% - Igf Developments Limited

73.6% - Industry AVG

IGF DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Igf Developments Limited's latest turnover from June 2024 is estimated at £64.8 thousand and the company has net assets of £22.5 thousand. According to their latest financial statements, we estimate that Igf Developments Limited has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Aug 2019
Turnover64,80680,12374,03065,164
Other Income Or Grants
Cost Of Sales47,63858,97455,67749,794
Gross Profit17,16821,14918,35315,370
Admin Expenses17,86121,893-8,78011,6611,433
Operating Profit-693-74427,1333,709-1,433
Interest Payable
Interest Receivable8611715554
Pre-Tax Profit-607-62727,2883,763-1,433
Tax-5,185-715
Profit After Tax-607-62722,1033,048-1,433
Dividends Paid
Retained Profit-607-62722,1033,048-1,433
Employee Costs49,01146,95044,39843,84942,942
Number Of Employees111111
EBITDA*-693-74427,1333,709-1,433

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Aug 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress50,00050,00050,00050,000389,88581,050
Trade Debtors
Group Debtors
Misc Debtors2,666
Cash1,3361,9332,76021,99586,20940,102
misc current assets
total current assets51,33651,93352,76071,995478,760121,152
total assets51,33651,93352,76071,995478,760121,152
Bank overdraft
Bank loan
Trade Creditors 27,995
Group/Directors Accounts28,34028,34028,340401,61240,100
other short term finances
hp & lease commitments
other current liabilities51050070070,37850,58481,050
total current liabilities28,85028,84029,04070,378480,191121,150
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities28,85028,84029,04070,378480,191121,150
net assets22,48623,09323,7201,617-1,4312
total shareholders funds22,48623,09323,7201,617-1,4312
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Aug 2019
Operating Activities
Operating Profit-693-74427,1333,709-1,433
Depreciation
Amortisation
Tax-5,185-715
Stock-339,885308,83581,050
Debtors-2,6662,666
Creditors-27,99527,995
Accruals and Deferred Income10-200-69,67819,794-30,46681,050
Deferred Taxes & Provisions
Cash flow from operations-683-944-47,730337,344-315,405
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts28,340-401,612361,51240,100
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest8611715554
cash flow from financing8611728,495-401,558361,51240,102
cash and cash equivalents
cash-597-827-19,235-64,21446,10740,102
overdraft
change in cash-597-827-19,235-64,21446,10740,102

igf developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Igf Developments Limited Competitor Analysis

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Perform a competitor analysis for igf developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in L 3 area or any other competitors across 12 key performance metrics.

igf developments limited Ownership

IGF DEVELOPMENTS LIMITED group structure

Igf Developments Limited has no subsidiary companies.

Ultimate parent company

2 parents

IGF DEVELOPMENTS LIMITED

11627655

IGF DEVELOPMENTS LIMITED Shareholders

ion property developments limited 100%

igf developments limited directors

Igf Developments Limited currently has 4 directors. The longest serving directors include Mr Robert Mason (Oct 2018) and Mr Robert Mason (Oct 2018).

officercountryagestartendrole
Mr Robert MasonEngland60 years Oct 2018- Director
Mr Robert MasonUnited Kingdom60 years Oct 2018- Director
Mr Stephen Parry62 years Oct 2018- Director
Mr Stephen ParryUnited Kingdom62 years Oct 2018- Director

P&L

June 2024

turnover

64.8k

-19%

operating profit

-692.8

0%

gross margin

26.5%

+0.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

22.5k

-0.03%

total assets

51.3k

-0.01%

cash

1.3k

-0.31%

net assets

Total assets minus all liabilities

igf developments limited company details

company number

11627655

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

October 2018

age

7

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

imgf developments limited (March 2021)

accountant

MYERSONS

auditor

-

address

port of liverpool building, first floor, liverpool, L3 1BY

Bank

-

Legal Advisor

-

igf developments 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 igf developments limited.

igf developments 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 IGF DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

igf developments limited Companies House Filings - See Documents

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