projekt indigo studio limited

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projekt indigo studio limited Company Information

Share PROJEKT INDIGO STUDIO LIMITED

Company Number

13971758

Shareholders

nordic kolektive private limited

zetwerk manufacturing singapore pte ltd

Group Structure

View All

Industry

Wholesale of clothing and footwear

 

Registered Address

unit 25, cp house, otterspool way, watford, hertfordshire, WD25 8HR

Website

-

projekt indigo studio limited Estimated Valuation

£7.8m

Pomanda estimates the enterprise value of PROJEKT INDIGO STUDIO LIMITED at £7.8m based on a Turnover of £14.4m and 0.54x industry multiple (adjusted for size and gross margin).

projekt indigo studio limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PROJEKT INDIGO STUDIO LIMITED at £0 based on an EBITDA of £-537.4k and a 5.12x industry multiple (adjusted for size and gross margin).

projekt indigo studio limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PROJEKT INDIGO STUDIO LIMITED at £0 based on Net Assets of £-379.4k and 2.08x industry multiple (adjusted for liquidity).

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Projekt Indigo Studio Limited Overview

Projekt Indigo Studio Limited is a live company located in watford, WD25 8HR with a Companies House number of 13971758. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in March 2022, it's largest shareholder is nordic kolektive private limited with a 51% stake. Projekt Indigo Studio Limited is a startup, mid sized company, Pomanda has estimated its turnover at £14.4m with unknown growth in recent years.

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Projekt Indigo Studio Limited Health Check

Pomanda's financial health check has awarded Projekt Indigo Studio Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £14.4m, make it in line with the average company (£16.5m)

£14.4m - Projekt Indigo Studio Limited

£16.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Projekt Indigo Studio Limited

- - Industry AVG

production

Production

with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)

31.5% - Projekt Indigo Studio Limited

31.5% - Industry AVG

profitability

Profitability

an operating margin of -3.7% make it less profitable than the average company (4%)

-3.7% - Projekt Indigo Studio Limited

4% - Industry AVG

employees

Employees

with 46 employees, this is similar to the industry average (50)

46 - Projekt Indigo Studio Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £39k, the company has an equivalent pay structure (£39k)

£39k - Projekt Indigo Studio Limited

£39k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £313.7k, this is equally as efficient (£320.2k)

£313.7k - Projekt Indigo Studio Limited

£320.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (39 days)

18 days - Projekt Indigo Studio Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 158 days, this is slower than average (30 days)

158 days - Projekt Indigo Studio Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 81 days, this is less than average (122 days)

81 days - Projekt Indigo Studio Limited

122 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

1 weeks - Projekt Indigo Studio Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 106.3%, this is a higher level of debt than the average (53.6%)

106.3% - Projekt Indigo Studio Limited

53.6% - Industry AVG

PROJEKT INDIGO STUDIO LIMITED financials

EXPORTms excel logo

Projekt Indigo Studio Limited's latest turnover from March 2024 is estimated at £14.4 million and the company has net assets of -£379.4 thousand. According to their latest financial statements, we estimate that Projekt Indigo Studio Limited has 46 employees and maintains cash reserves of £93.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023
Turnover14,431,1288,914,943
Other Income Or Grants00
Cost Of Sales9,888,2736,192,588
Gross Profit4,542,8552,722,356
Admin Expenses5,080,2722,718,826
Operating Profit-537,4173,530
Interest Payable00
Interest Receivable4,0121,261
Pre-Tax Profit-533,4054,790
Tax0-910
Profit After Tax-533,4053,880
Dividends Paid00
Retained Profit-533,4053,880
Employee Costs1,793,4951,014,370
Number Of Employees4627
EBITDA*-537,4173,530

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023
Tangible Assets00
Intangible Assets1,950,0000
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets1,950,0000
Stock & work in progress2,211,9991,406,346
Trade Debtors734,138987,973
Group Debtors00
Misc Debtors1,045,7841,951,290
Cash93,53159,318
misc current assets00
total current assets4,085,4524,404,927
total assets6,035,4524,404,927
Bank overdraft00
Bank loan00
Trade Creditors 4,306,6462,392,481
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities454,462170,695
total current liabilities4,761,1082,563,176
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities1,653,7691,687,769
provisions00
total long term liabilities1,653,7691,687,769
total liabilities6,414,8774,250,945
net assets-379,425153,982
total shareholders funds-379,425153,982
Mar 2024Mar 2023
Operating Activities
Operating Profit-537,4173,530
Depreciation00
Amortisation00
Tax0-910
Stock805,6531,406,346
Debtors-1,159,3412,939,263
Creditors1,914,1652,392,481
Accruals and Deferred Income283,767170,695
Deferred Taxes & Provisions00
Cash flow from operations2,014,203-1,779,813
Investing Activities
capital expenditure-1,950,0000
Change in Investments00
cash flow from investments-1,950,0000
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities-34,0001,687,769
share issue-2150,102
interest4,0121,261
cash flow from financing-29,9901,839,132
cash and cash equivalents
cash34,21359,318
overdraft00
change in cash34,21359,318

projekt indigo studio 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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Projekt Indigo Studio Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for projekt indigo studio limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WD25 area or any other competitors across 12 key performance metrics.

projekt indigo studio limited Ownership

PROJEKT INDIGO STUDIO LIMITED group structure

Projekt Indigo Studio Limited has 2 subsidiary companies.

Ultimate parent company

NORDIC KOLEKTIVE PVT LTD

#0094186

1 parent

PROJEKT INDIGO STUDIO LIMITED

13971758

2 subsidiaries

PROJEKT INDIGO STUDIO LIMITED Shareholders

nordic kolektive private limited 51%
zetwerk manufacturing singapore pte ltd 49%

projekt indigo studio limited directors

Projekt Indigo Studio Limited currently has 6 directors. The longest serving directors include Mr Bharat Bhushun (May 2022) and Mr Bharat Bhushan (May 2022).

officercountryagestartendrole
Mr Bharat BhushunIndia56 years May 2022- Director
Mr Bharat BhushanEngland56 years May 2022- Director
Mr Bharat BhushanEngland56 years May 2022- Director
Mr Manoj JhanjiEngland62 years May 2022- Director
Mr Bharat BhushunIndia56 years May 2022- Director
Mr Ampar PramodEngland41 years May 2022- Director

P&L

March 2024

turnover

14.4m

+62%

operating profit

-537.4k

0%

gross margin

31.5%

+3.09%

turnover

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

Balance Sheet

March 2024

net assets

-379.4k

-3.46%

total assets

6m

+0.37%

cash

93.5k

+0.58%

net assets

Total assets minus all liabilities

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projekt indigo studio limited company details

company number

13971758

Type

Private limited with Share Capital

industry

46420 - Wholesale of clothing and footwear

incorporation date

March 2022

age

3

incorporated

UK

ultimate parent company

NORDIC KOLEKTIVE PVT LTD

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

DBF ASSOCIATES

auditor

-

address

unit 25, cp house, otterspool way, watford, hertfordshire, WD25 8HR

Bank

-

Legal Advisor

-

projekt indigo studio 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 1 charges/mortgages relating to projekt indigo studio limited. Currently there are 1 open charges and 0 have been satisfied in the past.

projekt indigo studio 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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projekt indigo studio limited Companies House Filings - See Documents

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