
Company Number
12087136
Next Accounts
Apr 2025
Shareholders
jonathan peter ball
millicent anne stone
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
16 great queen street, covent garden, london, WC2B 5AH
Website
iowna.comPomanda estimates the enterprise value of IOWNA WHEALTH LIMITED at £903.3k based on a Turnover of £651.4k and 1.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IOWNA WHEALTH LIMITED at £0 based on an EBITDA of £-221.5k and a 5.07x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of IOWNA WHEALTH LIMITED at £350.9k based on Net Assets of £157.2k and 2.23x industry multiple (adjusted for liquidity).
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Iowna Whealth Limited is a live company located in london, WC2B 5AH with a Companies House number of 12087136. It operates in the other software publishing sector, SIC Code 58290. Founded in July 2019, it's largest shareholder is jonathan peter ball with a 31.5% stake. Iowna Whealth Limited is a young, small sized company, Pomanda has estimated its turnover at £651.4k with rapid growth in recent years.
Pomanda's financial health check has awarded Iowna Whealth Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £651.4k, make it smaller than the average company (£5.2m)
- Iowna Whealth Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6.6%)
- Iowna Whealth Limited
6.6% - Industry AVG
Production
with a gross margin of 73.7%, this company has a comparable cost of product (73.7%)
- Iowna Whealth Limited
73.7% - Industry AVG
Profitability
an operating margin of -40.4% make it less profitable than the average company (4%)
- Iowna Whealth Limited
4% - Industry AVG
Employees
with 5 employees, this is below the industry average (37)
5 - Iowna Whealth Limited
37 - Industry AVG
Pay Structure
on an average salary of £82.4k, the company has an equivalent pay structure (£82.4k)
- Iowna Whealth Limited
£82.4k - Industry AVG
Efficiency
resulting in sales per employee of £130.3k, this is equally as efficient (£149.4k)
- Iowna Whealth Limited
£149.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Iowna Whealth Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (37 days)
- Iowna Whealth Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iowna Whealth Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (14 weeks)
19 weeks - Iowna Whealth Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (61%)
46.2% - Iowna Whealth Limited
61% - Industry AVG
Iowna Whealth Limited's latest turnover from July 2023 is estimated at £651.4 thousand and the company has net assets of £157.2 thousand. According to their latest financial statements, Iowna Whealth Limited has 5 employees and maintains cash reserves of £49.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 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 | 5 | 4 | 4 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
---|---|---|---|---|
Tangible Assets | ||||
Intangible Assets | 228,410 | 21,617 | ||
Investments & Other | ||||
Debtors (Due After 1 year) | ||||
Total Fixed Assets | 228,410 | 21,617 | ||
Stock & work in progress | ||||
Trade Debtors | 171,600 | |||
Group Debtors | ||||
Misc Debtors | 14,285 | 99 | 99 | |
Cash | 49,688 | 1,103 | 1,051 | 2 |
misc current assets | ||||
total current assets | 63,973 | 172,802 | 1,150 | 2 |
total assets | 292,383 | 194,419 | 1,150 | 2 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | 21,163 | 19,209 | ||
Group/Directors Accounts | ||||
other short term finances | ||||
hp & lease commitments | ||||
other current liabilities | 114,000 | 106,143 | 200 | |
total current liabilities | 135,163 | 125,352 | 200 | |
loans | ||||
hp & lease commitments | ||||
Accruals and Deferred Income | ||||
other liabilities | ||||
provisions | ||||
total long term liabilities | ||||
total liabilities | 135,163 | 125,352 | 200 | |
net assets | 157,220 | 69,067 | 950 | 2 |
total shareholders funds | 157,220 | 69,067 | 950 | 2 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | ||||
Amortisation | 41,660 | |||
Tax | ||||
Stock | ||||
Debtors | -157,414 | 171,600 | 99 | |
Creditors | 1,954 | 19,209 | ||
Accruals and Deferred Income | 7,857 | 105,943 | 200 | |
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 | ||||
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | 48,585 | 52 | 1,049 | 2 |
overdraft | ||||
change in cash | 48,585 | 52 | 1,049 | 2 |
Perform a competitor analysis for iowna whealth limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC2B area or any other competitors across 12 key performance metrics.
IOWNA WHEALTH LIMITED group structure
Iowna Whealth Limited has no subsidiary companies.
Ultimate parent company
IOWNA WHEALTH LIMITED
12087136
Iowna Whealth Limited currently has 4 directors. The longest serving directors include Dr Millicent Stone (Jul 2019) and Mr Jonathan Ball (Jul 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Millicent Stone | United Kingdom | 57 years | Jul 2019 | - | Director |
Mr Jonathan Ball | England | 51 years | Jul 2020 | - | Director |
Mr Nicholas Howard | United Kingdom | 67 years | May 2023 | - | Director |
Mr Michael Jacobson | England | 75 years | May 2023 | - | Director |
P&L
July 2023turnover
651.4k
-17%
operating profit
-263.1k
0%
gross margin
73.8%
+2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
157.2k
+1.28%
total assets
292.4k
+0.5%
cash
49.7k
+44.05%
net assets
Total assets minus all liabilities
company number
12087136
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
iona whealth limited (October 2019)
accountant
BLICK ROTHENBERG LIMITED
auditor
-
address
16 great queen street, covent garden, london, WC2B 5AH
Bank
-
Legal Advisor
-
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 iowna whealth limited.
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