ihi2 group ltd
ihi2 group ltd Company Information
Company Number
14045275
Next Accounts
42 days late
Shareholders
ifrah ghafoor
imran rashid
View AllGroup Structure
View All
Industry
Take away food shops and mobile food stands
Registered Address
unit 13 riverside walk, rochdale, lancashire, OL16 1BE
Website
-ihi2 group ltd Estimated Valuation
Pomanda estimates the enterprise value of IHI2 GROUP LTD at £275.5k based on a Turnover of £463k and 0.6x industry multiple (adjusted for size and gross margin).
ihi2 group ltd Estimated Valuation
Pomanda estimates the enterprise value of IHI2 GROUP LTD at £0 based on an EBITDA of £-1.7k and a 3.75x industry multiple (adjusted for size and gross margin).
ihi2 group ltd Estimated Valuation
Pomanda estimates the enterprise value of IHI2 GROUP LTD at £0 based on Net Assets of £-1.7k and 2.49x industry multiple (adjusted for liquidity).
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Ihi2 Group Ltd Overview
Ihi2 Group Ltd is a live company located in lancashire, OL16 1BE with a Companies House number of 14045275. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in April 2022, it's largest shareholder is ifrah ghafoor with a 33.3% stake. Ihi2 Group Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £463k with unknown growth in recent years.
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Ihi2 Group Ltd Health Check
Pomanda's financial health check has awarded Ihi2 Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £463k, make it larger than the average company (£147.1k)
- Ihi2 Group Ltd
£147.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ihi2 Group Ltd
- - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (54.4%)
- Ihi2 Group Ltd
54.4% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.4%)
- Ihi2 Group Ltd
3.4% - Industry AVG
Employees
with 29 employees, this is above the industry average (5)
29 - Ihi2 Group Ltd
5 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Ihi2 Group Ltd
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £16k, this is less efficient (£38.1k)
- Ihi2 Group Ltd
£38.1k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (17 days)
- Ihi2 Group Ltd
17 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (20 days)
- Ihi2 Group Ltd
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ihi2 Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ihi2 Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.4%, this is a higher level of debt than the average (84.8%)
103.4% - Ihi2 Group Ltd
84.8% - Industry AVG
IHI2 GROUP LTD financials
Ihi2 Group Ltd's latest turnover from April 2023 is estimated at £463 thousand and the company has net assets of -£1.7 thousand. According to their latest financial statements, Ihi2 Group Ltd has 29 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | |
|---|---|
| Turnover | |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | |
| Interest Payable | |
| Interest Receivable | |
| Pre-Tax Profit | |
| Tax | |
| Profit After Tax | |
| Dividends Paid | |
| Retained Profit | |
| Employee Costs | |
| Number Of Employees | 29 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | |
|---|---|
| Tangible Assets | 28,625 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 28,625 |
| Stock & work in progress | |
| Trade Debtors | 20,612 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 20,612 |
| total assets | 49,237 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 19,903 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 19,903 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | 1,027 |
| other liabilities | 30,000 |
| provisions | |
| total long term liabilities | 31,027 |
| total liabilities | 50,930 |
| net assets | -1,693 |
| total shareholders funds | -1,693 |
| Apr 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 20,612 |
| Creditors | 19,903 |
| Accruals and Deferred Income | 1,027 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| 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 | 30,000 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
ihi2 group ltd Credit Report and Business Information
Ihi2 Group Ltd Competitor Analysis
Perform a competitor analysis for ihi2 group ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in OL16 area or any other competitors across 12 key performance metrics.
ihi2 group ltd Ownership
IHI2 GROUP LTD group structure
Ihi2 Group Ltd has no subsidiary companies.
Ultimate parent company
IHI2 GROUP LTD
14045275
ihi2 group ltd directors
Ihi2 Group Ltd currently has 2 directors. The longest serving directors include Mrs Ifrah Ghafoor (Apr 2022) and Mr Imran Rashid (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ifrah Ghafoor | England | 32 years | Apr 2022 | - | Director |
| Mr Imran Rashid | United Kingdom | 40 years | Apr 2022 | - | Director |
P&L
April 2023turnover
463k
0%
operating profit
-1.7k
0%
gross margin
31.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-1.7k
0%
total assets
49.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ihi2 group ltd company details
company number
14045275
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
unit 13 riverside walk, rochdale, lancashire, OL16 1BE
Bank
-
Legal Advisor
-
ihi2 group 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 ihi2 group ltd.
ihi2 group 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.
Click to start generating capital raising & share issue transactions for IHI2 GROUP LTD. This can take several minutes, an email will notify you when this has completed.
ihi2 group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
