if investments (horncastle) limited
if investments (horncastle) limited Company Information
Group Structure
View All
Industry
Printing of newspapers
+2Registered Address
newspaper house morton way, horncastle, lincolnshire, LN9 6JR
Website
-if investments (horncastle) limited Estimated Valuation
Pomanda estimates the enterprise value of IF INVESTMENTS (HORNCASTLE) LIMITED at £12.2m based on a Turnover of £18.7m and 0.65x industry multiple (adjusted for size and gross margin).
if investments (horncastle) limited Estimated Valuation
Pomanda estimates the enterprise value of IF INVESTMENTS (HORNCASTLE) LIMITED at £5.6m based on an EBITDA of £1.4m and a 3.97x industry multiple (adjusted for size and gross margin).
if investments (horncastle) limited Estimated Valuation
Pomanda estimates the enterprise value of IF INVESTMENTS (HORNCASTLE) LIMITED at £2.5m based on Net Assets of £1m and 2.49x industry multiple (adjusted for liquidity).
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If Investments (horncastle) Limited Overview
If Investments (horncastle) Limited is a live company located in lincolnshire, LN9 6JR with a Companies House number of 12278856. It operates in the printing of newspapers sector, SIC Code 18110. Founded in October 2019, it's largest shareholder is ian fisher with a 100% stake. If Investments (horncastle) Limited is a young, mid sized company, Pomanda has estimated its turnover at £18.7m with healthy growth in recent years.
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If Investments (horncastle) Limited Health Check
Pomanda's financial health check has awarded If Investments (Horncastle) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £18.7m, make it larger than the average company (£7.4m)
£18.7m - If Investments (horncastle) Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (1.9%)
7% - If Investments (horncastle) Limited
1.9% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (45.6%)
37.8% - If Investments (horncastle) Limited
45.6% - Industry AVG
Profitability
an operating margin of 3.7% make it as profitable than the average company (3.7%)
3.7% - If Investments (horncastle) Limited
3.7% - Industry AVG
Employees
with 135 employees, this is above the industry average (61)
135 - If Investments (horncastle) Limited
61 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£48k)
£40.2k - If Investments (horncastle) Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £138.4k, this is equally as efficient (£144k)
£138.4k - If Investments (horncastle) Limited
£144k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (38 days)
13 days - If Investments (horncastle) Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (37 days)
16 days - If Investments (horncastle) Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (40 days)
14 days - If Investments (horncastle) Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (20 weeks)
37 weeks - If Investments (horncastle) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68%, this is a higher level of debt than the average (56.7%)
68% - If Investments (horncastle) Limited
56.7% - Industry AVG
IF INVESTMENTS (HORNCASTLE) LIMITED financials
If Investments (Horncastle) Limited's latest turnover from January 2024 is £18.7 million and the company has net assets of £1 million. According to their latest financial statements, If Investments (Horncastle) Limited has 135 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Turnover | 18,686,528 | 19,247,803 | 16,962,559 | 15,363,569 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,623,842 | 11,932,274 | 9,563,134 | 9,660,929 |
| Gross Profit | 7,062,686 | 7,315,529 | 7,399,425 | 5,702,640 |
| Admin Expenses | 6,380,208 | 6,749,345 | 5,451,514 | 5,778,830 |
| Operating Profit | 682,478 | 566,184 | 1,947,911 | -76,190 |
| Interest Payable | 40,000 | 60,000 | 80,600 | 210,000 |
| Interest Receivable | 62,574 | 1,070 | 0 | 1,543 |
| Pre-Tax Profit | 705,052 | 507,254 | 1,867,311 | -284,647 |
| Tax | -213,963 | -88,829 | -521,252 | -53,667 |
| Profit After Tax | 491,089 | 418,425 | 1,346,059 | -338,314 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 273,455 | 217,165 | 899,032 | -388,828 |
| Employee Costs | 5,426,347 | 5,306,379 | 5,055,959 | 5,844,237 |
| Number Of Employees | 135 | 140 | 136 | 165 |
| EBITDA* | 1,407,156 | 1,315,523 | 2,604,705 | 1,292,462 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 251,611 | 177,948 | 133,399 | 169,881 |
| Intangible Assets | 2,917,788 | 3,432,103 | 3,061,318 | 3,638,447 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,169,399 | 3,610,051 | 3,194,717 | 3,808,328 |
| Stock & work in progress | 448,229 | 611,053 | 470,579 | 320,274 |
| Trade Debtors | 712,204 | 848,549 | 727,142 | 560,570 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,001,583 | 983,144 | 1,203,584 | 891,724 |
| Cash | 3,562,487 | 3,281,838 | 4,544,448 | 3,063,810 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 5,724,503 | 5,724,584 | 6,945,753 | 4,836,378 |
| total assets | 8,893,902 | 9,334,635 | 10,140,470 | 8,644,706 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 522,069 | 596,276 | 698,442 | 447,934 |
| 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 | 4,448,423 | 4,273,730 | 4,237,957 | 3,502,057 |
| total current liabilities | 4,970,492 | 4,870,006 | 4,936,399 | 3,949,991 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 1,000,000 | 2,000,000 | 3,000,000 | 4,000,000 |
| provisions | 78,096 | 110,404 | 268,271 | 104,974 |
| total long term liabilities | 1,078,096 | 2,110,404 | 3,268,271 | 4,104,974 |
| total liabilities | 6,048,588 | 6,980,410 | 8,204,670 | 8,054,965 |
| net assets | 1,000,825 | 727,370 | 510,205 | -388,827 |
| total shareholders funds | 1,000,825 | 727,370 | 510,205 | -388,827 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 682,478 | 566,184 | 1,947,911 | -76,190 |
| Depreciation | 115,280 | 83,934 | 79,665 | 95,911 |
| Amortisation | 609,398 | 665,405 | 577,129 | 1,272,741 |
| Tax | -213,963 | -88,829 | -521,252 | -53,667 |
| Stock | -162,824 | 140,474 | 150,305 | 320,274 |
| Debtors | -117,906 | -99,033 | 478,432 | 1,452,294 |
| Creditors | -74,207 | -102,166 | 250,508 | 447,934 |
| Accruals and Deferred Income | 174,693 | 35,773 | 735,900 | 3,502,057 |
| Deferred Taxes & Provisions | -32,308 | -157,867 | 163,297 | 104,974 |
| Cash flow from operations | 1,542,101 | 960,993 | 2,604,421 | 3,521,192 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,000,000 | -1,000,000 | -1,000,000 | 4,000,000 |
| share issue | ||||
| interest | 22,574 | -58,930 | -80,600 | -208,457 |
| cash flow from financing | -977,426 | -1,058,930 | -1,080,600 | 3,791,544 |
| cash and cash equivalents | ||||
| cash | 280,649 | -1,262,610 | 1,480,638 | 3,063,810 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 280,649 | -1,262,610 | 1,480,638 | 3,063,810 |
if investments (horncastle) limited Credit Report and Business Information
If Investments (horncastle) Limited Competitor Analysis
Perform a competitor analysis for if investments (horncastle) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in LN9 area or any other competitors across 12 key performance metrics.
if investments (horncastle) limited Ownership
IF INVESTMENTS (HORNCASTLE) LIMITED group structure
If Investments (Horncastle) Limited has 1 subsidiary company.
Ultimate parent company
IF INVESTMENTS (HORNCASTLE) LIMITED
12278856
1 subsidiary
if investments (horncastle) limited directors
If Investments (Horncastle) Limited currently has 1 director, Mr Ian Fisher serving since Oct 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Fisher | United Kingdom | 58 years | Oct 2019 | - | Director |
P&L
January 2024turnover
18.7m
-3%
operating profit
682.5k
+21%
gross margin
37.8%
-0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1m
+0.38%
total assets
8.9m
-0.05%
cash
3.6m
+0.09%
net assets
Total assets minus all liabilities
Similar Companies
if investments (horncastle) limited company details
company number
12278856
Type
Private limited with Share Capital
industry
58110 - Book publishing
18110 - Printing of newspapers
58142 - Publishing of consumer, business and professional journals and periodicals
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
newspaper house morton way, horncastle, lincolnshire, LN9 6JR
Bank
-
Legal Advisor
-
if investments (horncastle) 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 2 charges/mortgages relating to if investments (horncastle) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
if investments (horncastle) 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 IF INVESTMENTS (HORNCASTLE) LIMITED. This can take several minutes, an email will notify you when this has completed.
if investments (horncastle) limited Companies House Filings - See Documents
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