iowna whealth limited

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iowna whealth limited Company Information

Share IOWNA WHEALTH LIMITED

Company Number

12087136

Shareholders

jonathan peter ball

millicent anne stone

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Group Structure

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Industry

Other software publishing

 

Registered Address

16 great queen street, covent garden, london, WC2B 5AH

Website

iowna.com

iowna whealth limited Estimated Valuation

£903.3k

Pomanda 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).

iowna whealth limited Estimated Valuation

£0

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).

iowna whealth limited Estimated Valuation

£350.9k

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 Overview

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.

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Iowna Whealth Limited Health Check

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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £651.4k, make it smaller than the average company (£5.2m)

£651.4k - Iowna Whealth Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6.6%)

31% - Iowna Whealth Limited

6.6% - Industry AVG

production

Production

with a gross margin of 73.7%, this company has a comparable cost of product (73.7%)

73.7% - Iowna Whealth Limited

73.7% - Industry AVG

profitability

Profitability

an operating margin of -40.4% make it less profitable than the average company (4%)

-40.4% - Iowna Whealth Limited

4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (37)

5 - Iowna Whealth Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £82.4k, the company has an equivalent pay structure (£82.4k)

£82.4k - Iowna Whealth Limited

£82.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130.3k, this is equally as efficient (£149.4k)

£130.3k - Iowna Whealth Limited

£149.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Iowna Whealth Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (37 days)

45 days - Iowna Whealth Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Iowna Whealth Limited

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020
Turnover651,374780,899544,335292,191
Other Income Or Grants
Cost Of Sales171,027219,039169,26496,418
Gross Profit480,348561,860375,072195,773
Admin Expenses743,472477,778374,022195,773
Operating Profit-263,12484,0821,050
Interest Payable
Interest Receivable1,270131
Pre-Tax Profit-261,85484,0951,051
Tax-15,978-200
Profit After Tax-261,85468,117851
Dividends Paid
Retained Profit-261,85468,117851
Employee Costs412,047290,848284,606133,082
Number Of Employees5442
EBITDA*-221,46484,0821,050

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020
Tangible Assets
Intangible Assets228,41021,617
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets228,41021,617
Stock & work in progress
Trade Debtors171,600
Group Debtors
Misc Debtors14,2859999
Cash49,6881,1031,0512
misc current assets
total current assets63,973172,8021,1502
total assets292,383194,4191,1502
Bank overdraft
Bank loan
Trade Creditors 21,16319,209
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities114,000106,143200
total current liabilities135,163125,352200
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities135,163125,352200
net assets157,22069,0679502
total shareholders funds157,22069,0679502
Jul 2023Jul 2022Jul 2021Jul 2020
Operating Activities
Operating Profit-263,12484,0821,050
Depreciation
Amortisation41,660
Tax-15,978-200
Stock
Debtors-157,414171,60099
Creditors1,95419,209
Accruals and Deferred Income7,857105,943200
Deferred Taxes & Provisions
Cash flow from operations-54,23921,656951
Investing Activities
capital expenditure-248,453-21,617
Change in Investments
cash flow from investments-248,453-21,617
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue350,007972
interest1,270131
cash flow from financing351,27713982
cash and cash equivalents
cash48,585521,0492
overdraft
change in cash48,585521,0492

iowna whealth 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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Iowna Whealth Limited Competitor Analysis

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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 Ownership

IOWNA WHEALTH LIMITED group structure

Iowna Whealth Limited has no subsidiary companies.

Ultimate parent company

IOWNA WHEALTH LIMITED

12087136

IOWNA WHEALTH LIMITED Shareholders

jonathan peter ball 31.53%
millicent anne stone 27.16%
michael jacobson 18.11%
broadwater health limited 5.24%
jonathan williams 4.36%
conal martin perrett 2.62%
obor invest limited 1.75%
john eric deanfield 0.87%
alexander lyon 0.87%
david griffiths 0.87%

iowna whealth limited directors

Iowna Whealth Limited currently has 4 directors. The longest serving directors include Dr Millicent Stone (Jul 2019) and Mr Jonathan Ball (Jul 2020).

officercountryagestartendrole
Dr Millicent StoneUnited Kingdom57 years Jul 2019- Director
Mr Jonathan BallEngland51 years Jul 2020- Director
Mr Nicholas HowardUnited Kingdom67 years May 2023- Director
Mr Michael JacobsonEngland75 years May 2023- Director

P&L

July 2023

turnover

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 2023

net assets

157.2k

+1.28%

total assets

292.4k

+0.5%

cash

49.7k

+44.05%

net assets

Total assets minus all liabilities

iowna whealth limited company details

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

None

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

-

iowna whealth 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 iowna whealth limited.

iowna whealth 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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iowna whealth limited Companies House Filings - See Documents

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