incredible group limited
incredible group limited Company Information
Company Number
11853059
Website
-Registered Address
unit 32 bradley lane, standish, wigan, WN6 0XQ
Industry
Non-specialised wholesale trade
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
daniel riley 50%
gary carlson 50%
incredible group limited Estimated Valuation
Pomanda estimates the enterprise value of INCREDIBLE GROUP LIMITED at £65.8k based on a Turnover of £104k and 0.63x industry multiple (adjusted for size and gross margin).
incredible group limited Estimated Valuation
Pomanda estimates the enterprise value of INCREDIBLE GROUP LIMITED at £11.9k based on an EBITDA of £2.4k and a 4.98x industry multiple (adjusted for size and gross margin).
incredible group limited Estimated Valuation
Pomanda estimates the enterprise value of INCREDIBLE GROUP LIMITED at £21k based on Net Assets of £12.6k and 1.67x industry multiple (adjusted for liquidity).
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Incredible Group Limited Overview
Incredible Group Limited is a live company located in wigan, WN6 0XQ with a Companies House number of 11853059. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 2019, it's largest shareholder is daniel riley with a 50% stake. Incredible Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £104k with healthy growth in recent years.
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Incredible Group Limited Health Check
Pomanda's financial health check has awarded Incredible Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £104k, make it smaller than the average company (£14m)
- Incredible Group Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5%)
- Incredible Group Limited
5% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
- Incredible Group Limited
27.7% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (5.7%)
- Incredible Group Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
- Incredible Group Limited
36 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Incredible Group Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £104k, this is less efficient (£356.1k)
- Incredible Group Limited
£356.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Incredible Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (35 days)
- Incredible Group Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 308 days, this is more than average (78 days)
- Incredible Group Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (15 weeks)
47 weeks - Incredible Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.1%, this is a higher level of debt than the average (47.3%)
87.1% - Incredible Group Limited
47.3% - Industry AVG
INCREDIBLE GROUP LIMITED financials
Incredible Group Limited's latest turnover from February 2023 is estimated at £104 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, we estimate that Incredible Group Limited has 1 employee and maintains cash reserves of £946 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Tangible Assets | 32,946 | 15,224 | 14,665 | 12,110 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 32,946 | 15,224 | 14,665 | 12,110 |
| Stock & work in progress | 63,566 | 38,125 | 18,491 | 18,421 |
| Trade Debtors | 0 | 880 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 946 | 10,784 | 21,587 | 2,960 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 64,512 | 49,789 | 40,078 | 21,381 |
| total assets | 97,458 | 65,013 | 54,743 | 33,491 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 720 | 720 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 326 | 326 | 0 | 0 |
| total current liabilities | 1,046 | 1,046 | 0 | 0 |
| loans | 83,842 | 41,457 | 32,952 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 33,246 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 83,842 | 41,457 | 32,952 | 33,246 |
| total liabilities | 84,888 | 42,503 | 32,952 | 33,246 |
| net assets | 12,570 | 22,510 | 21,791 | 245 |
| total shareholders funds | 12,570 | 22,510 | 21,791 | 245 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 6,304 | 2,678 | 2,588 | 2,137 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 25,441 | 19,634 | 70 | 18,421 |
| Debtors | -880 | 880 | 0 | 0 |
| Creditors | 0 | 720 | 0 | 0 |
| Accruals and Deferred Income | 0 | 326 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 42,385 | 8,505 | 32,952 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -33,246 | 33,246 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -9,838 | -10,803 | 18,627 | 2,960 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -9,838 | -10,803 | 18,627 | 2,960 |
incredible group limited Credit Report and Business Information
Incredible Group Limited Competitor Analysis
Perform a competitor analysis for incredible group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WN6 area or any other competitors across 12 key performance metrics.
incredible group limited Ownership
INCREDIBLE GROUP LIMITED group structure
Incredible Group Limited has no subsidiary companies.
Ultimate parent company
INCREDIBLE GROUP LIMITED
11853059
incredible group limited directors
Incredible Group Limited currently has 2 directors. The longest serving directors include Mr Daniel Riley (Feb 2019) and Mr Gary Carlson (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Riley | England | 43 years | Feb 2019 | - | Director |
| Mr Gary Carlson | England | 43 years | Feb 2019 | - | Director |
P&L
February 2023turnover
104k
+149%
operating profit
-3.9k
0%
gross margin
27.7%
-0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
12.6k
-0.44%
total assets
97.5k
+0.5%
cash
946
-0.91%
net assets
Total assets minus all liabilities
incredible group limited company details
company number
11853059
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
CLEAR ACCOUNTANCY SERVICES (YORKSHIRE) LTD
auditor
-
address
unit 32 bradley lane, standish, wigan, WN6 0XQ
Bank
-
Legal Advisor
-
incredible group 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 incredible group limited.
incredible group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
