iq direct ltd
iq direct ltd Company Information
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
9 high street, london, SE20 7HJ
Website
iq.directiq direct ltd Estimated Valuation
Pomanda estimates the enterprise value of IQ DIRECT LTD at £125.2k based on a Turnover of £372.6k and 0.34x industry multiple (adjusted for size and gross margin).
iq direct ltd Estimated Valuation
Pomanda estimates the enterprise value of IQ DIRECT LTD at £263.5k based on an EBITDA of £63.2k and a 4.17x industry multiple (adjusted for size and gross margin).
iq direct ltd Estimated Valuation
Pomanda estimates the enterprise value of IQ DIRECT LTD at £49.2k based on Net Assets of £18.8k and 2.62x industry multiple (adjusted for liquidity).
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Iq Direct Ltd Overview
Iq Direct Ltd is a live company located in london, SE20 7HJ with a Companies House number of 13211452. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in February 2021, it's largest shareholder is muhammed iqbal with a 100% stake. Iq Direct Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £372.6k with unknown growth in recent years.
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Iq Direct Ltd Health Check
Pomanda's financial health check has awarded Iq Direct Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £372.6k, make it smaller than the average company (£13.5m)
£372.6k - Iq Direct Ltd
£13.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Iq Direct Ltd
- - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (27.7%)
31.4% - Iq Direct Ltd
27.7% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (6.9%)
17% - Iq Direct Ltd
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
- Iq Direct Ltd
35 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Iq Direct Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £186.3k, this is less efficient (£353.2k)
- Iq Direct Ltd
£353.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (52 days)
4 days - Iq Direct Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (36 days)
2 days - Iq Direct Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (71 days)
17 days - Iq Direct Ltd
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (19 weeks)
94 weeks - Iq Direct Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (47.7%)
9.5% - Iq Direct Ltd
47.7% - Industry AVG
IQ DIRECT LTD financials
Iq Direct Ltd's latest turnover from February 2022 is £372.6 thousand and the company has net assets of £18.8 thousand. According to their latest financial statements, we estimate that Iq Direct Ltd has 2 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | |
|---|---|
| Turnover | 372,616 |
| Other Income Or Grants | |
| Cost Of Sales | 255,448 |
| Gross Profit | 117,168 |
| Admin Expenses | 53,983 |
| Operating Profit | 63,185 |
| Interest Payable | |
| Interest Receivable | |
| Pre-Tax Profit | 63,185 |
| Tax | -12,005 |
| Profit After Tax | 51,180 |
| Dividends Paid | 32,400 |
| Retained Profit | 18,780 |
| Employee Costs | |
| Number Of Employees | |
| EBITDA* | 63,185 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | 12,455 |
| Trade Debtors | 4,725 |
| Group Debtors | |
| Misc Debtors | |
| Cash | 3,576 |
| misc current assets | |
| total current assets | 20,756 |
| total assets | 20,756 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 1,975 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 1,975 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 1,975 |
| net assets | 18,781 |
| total shareholders funds | 18,781 |
| Feb 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | 63,185 |
| Depreciation | |
| Amortisation | |
| Tax | -12,005 |
| Stock | 12,455 |
| Debtors | 4,725 |
| Creditors | 1,975 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | 35,975 |
| 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 | 1 |
| cash and cash equivalents | |
| cash | 3,576 |
| overdraft | |
| change in cash | 3,576 |
iq direct ltd Credit Report and Business Information
Iq Direct Ltd Competitor Analysis
Perform a competitor analysis for iq direct ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SE20 area or any other competitors across 12 key performance metrics.
iq direct ltd Ownership
IQ DIRECT LTD group structure
Iq Direct Ltd has no subsidiary companies.
Ultimate parent company
IQ DIRECT LTD
13211452
iq direct ltd directors
Iq Direct Ltd currently has 1 director, Mr Hossine Karim serving since Dec 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hossine Karim | England | 42 years | Dec 2023 | - | Director |
P&L
February 2022turnover
372.6k
0%
operating profit
63.2k
0%
gross margin
31.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
18.8k
0%
total assets
20.8k
0%
cash
3.6k
0%
net assets
Total assets minus all liabilities
Similar Companies
iq direct ltd company details
company number
13211452
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
N/A
accountant
-
auditor
-
address
9 high street, london, SE20 7HJ
Bank
-
Legal Advisor
-
iq direct 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 iq direct ltd.
iq direct ltd 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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iq direct ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
