iceledger ltd

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iceledger ltd Company Information

Share ICELEDGER LTD
Live 
StartupMicro

Company Number

12693960

Website

airx.aero

Registered Address

128 city road, london, london, EC1V 2NX

Industry

Other business support service activities n.e.c.

 

Telephone

02036933809

Next Accounts Due

August 2025

Group Structure

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Directors

Kenneth Roberts4 Years

Kenneth Roberts4 Years

Shareholders

kenneth roberts 100%

iceledger ltd Estimated Valuation

£9.9k

Pomanda estimates the enterprise value of ICELEDGER LTD at £9.9k based on a Turnover of £24.6k and 0.4x industry multiple (adjusted for size and gross margin).

iceledger ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ICELEDGER LTD at £0 based on an EBITDA of £-1.3k and a 3.09x industry multiple (adjusted for size and gross margin).

iceledger ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ICELEDGER LTD at £0 based on Net Assets of £-16.9k and 2.57x industry multiple (adjusted for liquidity).

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Iceledger Ltd Overview

Iceledger Ltd is a live company located in london, EC1V 2NX with a Companies House number of 12693960. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2020, it's largest shareholder is kenneth roberts with a 100% stake. Iceledger Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £24.6k with unknown growth in recent years.

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Iceledger Ltd Health Check

Pomanda's financial health check has awarded Iceledger Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £24.6k, make it smaller than the average company (£3.7m)

£24.6k - Iceledger Ltd

£3.7m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Iceledger Ltd

- - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (37.8%)

17.3% - Iceledger Ltd

37.8% - Industry AVG

profitability

Profitability

an operating margin of -5.4% make it less profitable than the average company (5.9%)

-5.4% - Iceledger Ltd

5.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Iceledger Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)

£48.1k - Iceledger Ltd

£48.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £24.6k, this is less efficient (£152.8k)

£24.6k - Iceledger Ltd

£152.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (41 days)

79 days - Iceledger Ltd

41 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Iceledger Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Iceledger Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Iceledger Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 409.3%, this is a higher level of debt than the average (61.2%)

409.3% - Iceledger Ltd

61.2% - Industry AVG

ICELEDGER LTD financials

EXPORTms excel logo

Iceledger Ltd's latest turnover from November 2023 is estimated at £24.6 thousand and the company has net assets of -£16.9 thousand. According to their latest financial statements, we estimate that Iceledger Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021
Turnover24,57442,33247,172
Other Income Or Grants000
Cost Of Sales20,31734,95740,016
Gross Profit4,2567,3757,156
Admin Expenses5,5969,92520,157
Operating Profit-1,340-2,550-13,001
Interest Payable000
Interest Receivable000
Pre-Tax Profit-1,340-2,550-13,001
Tax000
Profit After Tax-1,340-2,550-13,001
Dividends Paid000
Retained Profit-1,340-2,550-13,001
Employee Costs48,06245,03042,875
Number Of Employees111
EBITDA*-1,340-2,550-13,001

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021
Tangible Assets000
Intangible Assets000
Investments & Other100100100
Debtors (Due After 1 year)000
Total Fixed Assets100100100
Stock & work in progress000
Trade Debtors5,3616,7018,376
Group Debtors000
Misc Debtors000
Cash000
misc current assets000
total current assets5,3616,7018,376
total assets5,4616,8018,476
Bank overdraft000
Bank loan000
Trade Creditors 021,47721,477
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities021,47721,477
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities21,47700
provisions8758750
total long term liabilities22,3528750
total liabilities22,35222,35221,477
net assets-16,891-15,551-13,001
total shareholders funds-16,891-15,551-13,001
Nov 2023Nov 2022Nov 2021
Operating Activities
Operating Profit-1,340-2,550-13,001
Depreciation000
Amortisation000
Tax000
Stock000
Debtors-1,340-1,6758,376
Creditors-21,477021,477
Accruals and Deferred Income000
Deferred Taxes & Provisions08750
Cash flow from operations-21,4770100
Investing Activities
capital expenditure000
Change in Investments00100
cash flow from investments00-100
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities21,47700
share issue000
interest000
cash flow from financing21,47700
cash and cash equivalents
cash000
overdraft000
change in cash000

iceledger ltd 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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Iceledger Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for iceledger ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.

iceledger ltd Ownership

ICELEDGER LTD group structure

Iceledger Ltd has no subsidiary companies.

Ultimate parent company

ICELEDGER LTD

12693960

ICELEDGER LTD Shareholders

kenneth roberts 100%

iceledger ltd directors

Iceledger Ltd currently has 2 directors. The longest serving directors include Mr Kenneth Roberts (Jun 2020) and Mr Kenneth Roberts (Jun 2020).

officercountryagestartendrole
Mr Kenneth RobertsEngland67 years Jun 2020- Director
Mr Kenneth RobertsEngland67 years Jun 2020- Director

P&L

November 2023

turnover

24.6k

-42%

operating profit

-1.3k

0%

gross margin

17.4%

-0.58%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-16.9k

+0.09%

total assets

5.5k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

iceledger ltd company details

company number

12693960

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

November 2023

previous names

airx uk ltd (October 2023)

accountant

-

auditor

-

address

128 city road, london, london, EC1V 2NX

Bank

-

Legal Advisor

-

iceledger ltd 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 iceledger ltd.

charges

iceledger ltd Companies House Filings - See Documents

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