icch2 limited
icch2 limited Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
55 chalgrove crescent, ilford, IG5 0LX
Website
-icch2 limited Estimated Valuation
Pomanda estimates the enterprise value of ICCH2 LIMITED at £770.8k based on a Turnover of £341.4k and 2.26x industry multiple (adjusted for size and gross margin).
icch2 limited Estimated Valuation
Pomanda estimates the enterprise value of ICCH2 LIMITED at £64.7k based on an EBITDA of £14k and a 4.61x industry multiple (adjusted for size and gross margin).
icch2 limited Estimated Valuation
Pomanda estimates the enterprise value of ICCH2 LIMITED at £61.4k based on Net Assets of £37k and 1.66x industry multiple (adjusted for liquidity).
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Icch2 Limited Overview
Icch2 Limited is a live company located in ilford, IG5 0LX with a Companies House number of 11816048. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2019, it's largest shareholder is nahid sultana parvin with a 100% stake. Icch2 Limited is a young, micro sized company, Pomanda has estimated its turnover at £341.4k with rapid growth in recent years.
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Icch2 Limited Health Check
Pomanda's financial health check has awarded Icch2 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £341.4k, make it smaller than the average company (£879.1k)
- Icch2 Limited
£879.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 126%, show it is growing at a faster rate (3.9%)
- Icch2 Limited
3.9% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (70.6%)
- Icch2 Limited
70.6% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (25.1%)
- Icch2 Limited
25.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Icch2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Icch2 Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £170.7k, this is equally as efficient (£187.2k)
- Icch2 Limited
£187.2k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (29 days)
- Icch2 Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (33 days)
- Icch2 Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Icch2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Icch2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94%, this is a higher level of debt than the average (66.4%)
94% - Icch2 Limited
66.4% - Industry AVG
ICCH2 LIMITED financials
Icch2 Limited's latest turnover from February 2024 is estimated at £341.4 thousand and the company has net assets of £37 thousand. According to their latest financial statements, Icch2 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Turnover | 29,657 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | -5,926 | ||||
| Tax | |||||
| Profit After Tax | -5,926 | ||||
| Dividends Paid | |||||
| Retained Profit | -5,926 | ||||
| Employee Costs | 31,864 | ||||
| Number Of Employees | 2 | 2 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 512,004 | 318,999 | 1,198 | 1,797 | 2,396 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 512,004 | 318,999 | 1,198 | 1,797 | 2,396 |
| Stock & work in progress | |||||
| Trade Debtors | 106,271 | 13,292 | 59,879 | 42,045 | 253 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 106,271 | 13,292 | 59,879 | 42,045 | 253 |
| total assets | 618,275 | 332,291 | 61,077 | 43,842 | 2,649 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 79,443 | 116,868 | 22,797 | 4,419 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 79,443 | 116,868 | 22,797 | 4,419 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 501,846 | 188,962 | 47,338 | 50,000 | 7,300 |
| provisions | |||||
| total long term liabilities | 501,846 | 188,962 | 47,338 | 50,000 | 7,300 |
| total liabilities | 581,289 | 305,830 | 70,135 | 54,419 | 7,300 |
| net assets | 36,986 | 26,461 | -9,058 | -10,577 | -4,651 |
| total shareholders funds | 36,986 | 26,461 | -9,058 | -10,577 | -4,651 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 599 | ||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 92,979 | -46,587 | 17,834 | 41,792 | 253 |
| Creditors | -37,425 | 94,071 | 18,378 | 4,419 | |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 312,884 | 141,624 | -2,662 | 42,700 | 7,300 |
| share issue | |||||
| interest | |||||
| cash flow from financing | 42,700 | ||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
icch2 limited Credit Report and Business Information
Icch2 Limited Competitor Analysis
Perform a competitor analysis for icch2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG5 area or any other competitors across 12 key performance metrics.
icch2 limited Ownership
ICCH2 LIMITED group structure
Icch2 Limited has no subsidiary companies.
Ultimate parent company
ICCH2 LIMITED
11816048
icch2 limited directors
Icch2 Limited currently has 1 director, Mrs Nahid Parvin serving since May 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Nahid Parvin | England | 52 years | May 2020 | - | Director |
P&L
February 2024turnover
341.4k
+250%
operating profit
14k
0%
gross margin
28.9%
+4.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
37k
+0.4%
total assets
618.3k
+0.86%
cash
0
0%
net assets
Total assets minus all liabilities
icch2 limited company details
company number
11816048
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
55 chalgrove crescent, ilford, IG5 0LX
Bank
-
Legal Advisor
-
icch2 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 4 charges/mortgages relating to icch2 limited. Currently there are 4 open charges and 0 have been satisfied in the past.
icch2 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 ICCH2 LIMITED. This can take several minutes, an email will notify you when this has completed.
icch2 limited Companies House Filings - See Documents
| date | description | view/download |
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