itrak ventures limited
itrak ventures limited Company Information
Company Number
11709286
Website
-Registered Address
studio 4, 224 shoreditch high street, london, E1 6PJ
Industry
Other information technology and computer service activities
Wireless telecommunications activities
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
cosmo spens 31%
p. ropner 24.4%
View Allitrak ventures limited Estimated Valuation
Pomanda estimates the enterprise value of ITRAK VENTURES LIMITED at £76.9k based on a Turnover of £142.2k and 0.54x industry multiple (adjusted for size and gross margin).
itrak ventures limited Estimated Valuation
Pomanda estimates the enterprise value of ITRAK VENTURES LIMITED at £0 based on an EBITDA of £-15.6k and a 3.05x industry multiple (adjusted for size and gross margin).
itrak ventures limited Estimated Valuation
Pomanda estimates the enterprise value of ITRAK VENTURES LIMITED at £0 based on Net Assets of £-10.7k and 2.48x industry multiple (adjusted for liquidity).
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Itrak Ventures Limited Overview
Itrak Ventures Limited is a live company located in london, E1 6PJ with a Companies House number of 11709286. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in December 2018, it's largest shareholder is cosmo spens with a 31% stake. Itrak Ventures Limited is a young, micro sized company, Pomanda has estimated its turnover at £142.2k with declining growth in recent years.
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Itrak Ventures Limited Health Check
Pomanda's financial health check has awarded Itrak Ventures Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £142.2k, make it smaller than the average company (£6.8m)
- Itrak Ventures Limited
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (5.2%)
- Itrak Ventures Limited
5.2% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (43.3%)
- Itrak Ventures Limited
43.3% - Industry AVG
Profitability
an operating margin of -10.9% make it less profitable than the average company (4.7%)
- Itrak Ventures Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Itrak Ventures Limited
34 - Industry AVG
Pay Structure
on an average salary of £62.3k, the company has an equivalent pay structure (£62.3k)
- Itrak Ventures Limited
£62.3k - Industry AVG
Efficiency
resulting in sales per employee of £71.1k, this is less efficient (£176.2k)
- Itrak Ventures Limited
£176.2k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (53 days)
- Itrak Ventures Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (39 days)
- Itrak Ventures Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Itrak Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Itrak Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.2%, this is a higher level of debt than the average (60.7%)
131.2% - Itrak Ventures Limited
60.7% - Industry AVG
ITRAK VENTURES LIMITED financials
Itrak Ventures Limited's latest turnover from June 2023 is estimated at £142.2 thousand and the company has net assets of -£10.7 thousand. According to their latest financial statements, Itrak Ventures Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 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 | 2 | 1 | 2 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 369 | 2,682 | 4,426 | 2,500 | 366 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 369 | 2,682 | 4,426 | 2,500 | 366 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,913 | 43,981 | 72,142 | 93,094 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 13,255 |
| Cash | 0 | 0 | 0 | 0 | 54,098 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,913 | 43,981 | 72,142 | 93,094 | 67,353 |
| total assets | 34,282 | 46,663 | 76,568 | 95,594 | 67,719 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,008 | 29,013 | 28,522 | 29,785 | 0 |
| 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 | 0 | 0 | 0 | 0 | 29,449 |
| total current liabilities | 34,008 | 29,013 | 28,522 | 29,785 | 29,449 |
| 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 | 10,976 | 12,793 | 16,787 | 20,255 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,976 | 12,793 | 16,787 | 20,255 | 0 |
| total liabilities | 44,984 | 41,806 | 45,309 | 50,040 | 29,449 |
| net assets | -10,702 | 4,857 | 31,259 | 45,554 | 38,270 |
| total shareholders funds | -10,702 | 4,857 | 31,259 | 45,554 | 38,270 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 537 | 183 | |||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,068 | -28,161 | -20,952 | 79,839 | 13,255 |
| Creditors | 4,995 | 491 | -1,263 | 29,785 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -29,449 | 29,449 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | -1,817 | -3,994 | -3,468 | 20,255 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | -54,098 | 54,098 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -54,098 | 54,098 |
itrak ventures limited Credit Report and Business Information
Itrak Ventures Limited Competitor Analysis
Perform a competitor analysis for itrak ventures limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
itrak ventures limited Ownership
ITRAK VENTURES LIMITED group structure
Itrak Ventures Limited has no subsidiary companies.
Ultimate parent company
ITRAK VENTURES LIMITED
11709286
itrak ventures limited directors
Itrak Ventures Limited currently has 2 directors. The longest serving directors include Mr Cosmo Spens (Dec 2018) and Mr Peter Ropner (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cosmo Spens | United Kingdom | 53 years | Dec 2018 | - | Director |
| Mr Peter Ropner | United Kingdom | 59 years | Sep 2019 | - | Director |
P&L
June 2023turnover
142.2k
+17%
operating profit
-15.6k
0%
gross margin
21.5%
-7.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-10.7k
-3.2%
total assets
34.3k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
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itrak ventures limited company details
company number
11709286
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
61200 - Wireless telecommunications activities
61900 - Other telecommunications activities
incorporation date
December 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
studio 4, 224 shoreditch high street, london, E1 6PJ
last accounts submitted
June 2023
itrak ventures 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 itrak ventures limited.
itrak ventures limited Companies House Filings - See Documents
| date | description | view/download |
|---|
