innovate facades limited

innovate facades limited Company Information

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Company Number

11814630

Industry

Other construction installation

 

Shareholders

century construction group limited

Group Structure

View All

Contact

Registered Address

wharf house medway wharf road, tonbridge, kent, TN9 1RE

innovate facades limited Estimated Valuation

£118.6k

Pomanda estimates the enterprise value of INNOVATE FACADES LIMITED at £118.6k based on a Turnover of £289.2k and 0.41x industry multiple (adjusted for size and gross margin).

innovate facades limited Estimated Valuation

£244.3k

Pomanda estimates the enterprise value of INNOVATE FACADES LIMITED at £244.3k based on an EBITDA of £62.2k and a 3.92x industry multiple (adjusted for size and gross margin).

innovate facades limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of INNOVATE FACADES LIMITED at £2.9m based on Net Assets of £995.7k and 2.93x industry multiple (adjusted for liquidity).

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Innovate Facades Limited Overview

Innovate Facades Limited is a live company located in kent, TN9 1RE with a Companies House number of 11814630. It operates in the other construction installation sector, SIC Code 43290. Founded in February 2019, it's largest shareholder is century construction group limited with a 100% stake. Innovate Facades Limited is a young, micro sized company, Pomanda has estimated its turnover at £289.2k with declining growth in recent years.

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Innovate Facades Limited Health Check

Pomanda's financial health check has awarded Innovate Facades Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £289.2k, make it smaller than the average company (£2.5m)

£289.2k - Innovate Facades Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (9.2%)

-13% - Innovate Facades Limited

9.2% - Industry AVG

production

Production

with a gross margin of 16.2%, this company has a higher cost of product (27%)

16.2% - Innovate Facades Limited

27% - Industry AVG

profitability

Profitability

an operating margin of 21.2% make it more profitable than the average company (5.6%)

21.2% - Innovate Facades Limited

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (18)

1 - Innovate Facades Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)

£44.8k - Innovate Facades Limited

£44.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £289.2k, this is more efficient (£185.8k)

£289.2k - Innovate Facades Limited

£185.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 138 days, this is later than average (54 days)

138 days - Innovate Facades Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (39 days)

15 days - Innovate Facades Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Innovate Facades Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (23 weeks)

24 weeks - Innovate Facades Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (61.1%)

1.3% - Innovate Facades Limited

61.1% - Industry AVG

INNOVATE FACADES LIMITED financials

EXPORTms excel logo

Innovate Facades Limited's latest turnover from December 2023 is estimated at £289.2 thousand and the company has net assets of £995.7 thousand. According to their latest financial statements, we estimate that Innovate Facades Limited has 1 employee and maintains cash reserves of £6.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover289,185616,4341,760,404437,70036,863
Other Income Or Grants00000
Cost Of Sales242,494518,9681,498,720361,98530,461
Gross Profit46,69197,467261,68475,7156,402
Admin Expenses-14,49686,654-442,773-389,61416,766
Operating Profit61,18710,813704,457465,329-10,364
Interest Payable00000
Interest Receivable1623,59571118419
Pre-Tax Profit61,34914,407705,168465,514-10,345
Tax-15,337-2,737-133,982-88,4480
Profit After Tax46,01211,670571,186377,066-10,345
Dividends Paid00000
Retained Profit46,01211,670571,186377,066-10,345
Employee Costs44,78086,860216,45582,28943,418
Number Of Employees12521
EBITDA*62,24911,875704,634465,329-10,364

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets1,9493,0114,07300
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets1,9493,0114,07300
Stock & work in progress00000
Trade Debtors109,792219,585775,320108,2312,595
Group Debtors842,569787,03488,85800
Misc Debtors48,06739,335109,51100
Cash6,054127205,274363,2615,135
misc current assets00000
total current assets1,006,4821,046,0811,178,963471,4927,730
total assets1,008,4311,049,0921,183,036471,4927,730
Bank overdraft00000
Bank loan00000
Trade Creditors 10,34253,46655,851104,67117,975
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities2,40045,949189,17800
total current liabilities12,74299,415245,029104,67117,975
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities12,74299,415245,029104,67117,975
net assets995,689949,677938,007366,821-10,245
total shareholders funds995,689949,677938,007366,821-10,245
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit61,18710,813704,457465,329-10,364
Depreciation1,0621,06217700
Amortisation00000
Tax-15,337-2,737-133,982-88,4480
Stock00000
Debtors-45,52672,265865,458105,6362,595
Creditors-43,124-2,385-48,82086,69617,975
Accruals and Deferred Income-43,549-143,229189,17800
Deferred Taxes & Provisions00000
Cash flow from operations5,765-208,741-154,448357,9415,016
Investing Activities
capital expenditure00-4,25000
Change in Investments00000
cash flow from investments00-4,25000
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue0000100
interest1623,59571118419
cash flow from financing1623,595711184119
cash and cash equivalents
cash5,927-205,147-157,987358,1265,135
overdraft00000
change in cash5,927-205,147-157,987358,1265,135

innovate facades 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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Innovate Facades Limited Competitor Analysis

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Perform a competitor analysis for innovate facades limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in TN9 area or any other competitors across 12 key performance metrics.

innovate facades limited Ownership

INNOVATE FACADES LIMITED group structure

Innovate Facades Limited has 1 subsidiary company.

Ultimate parent company

1 parent

INNOVATE FACADES LIMITED

11814630

1 subsidiary

INNOVATE FACADES LIMITED Shareholders

century construction group limited 100%

innovate facades limited directors

Innovate Facades Limited currently has 3 directors. The longest serving directors include Mr Timothy Lovell (Feb 2019) and Mr Graham Hackley (Feb 2019).

officercountryagestartendrole
Mr Timothy LovellEngland43 years Feb 2019- Director
Mr Graham HackleyEngland51 years Feb 2019- Director
Mr Timothy LovellEngland43 years Feb 2019- Director

P&L

December 2023

turnover

289.2k

-53%

operating profit

61.2k

0%

gross margin

16.2%

+2.12%

turnover

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

Balance Sheet

December 2023

net assets

995.7k

+0.05%

total assets

1m

-0.04%

cash

6.1k

+46.67%

net assets

Total assets minus all liabilities

innovate facades limited company details

company number

11814630

Type

Private limited with Share Capital

industry

43290 - Other construction installation

incorporation date

February 2019

age

5

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

MENZIES LLP

auditor

-

address

wharf house medway wharf road, tonbridge, kent, TN9 1RE

Bank

-

Legal Advisor

-

innovate facades 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 innovate facades limited.

innovate facades 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.

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innovate facades limited Companies House Filings - See Documents

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