i4tech innovations limited

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i4tech innovations limited Company Information

Share I4TECH INNOVATIONS LIMITED

Company Number

14247768

Shareholders

helen elizabeth chalkley

darren scott damage

Group Structure

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Industry

Agents involved in the sale of a variety of goods

 

Registered Address

the granary church road, catworth, huntingdon, PE28 0PA

Website

-

i4tech innovations limited Estimated Valuation

£53.8k

Pomanda estimates the enterprise value of I4TECH INNOVATIONS LIMITED at £53.8k based on a Turnover of £207.5k and 0.26x industry multiple (adjusted for size and gross margin).

i4tech innovations limited Estimated Valuation

£69k

Pomanda estimates the enterprise value of I4TECH INNOVATIONS LIMITED at £69k based on an EBITDA of £24.4k and a 2.83x industry multiple (adjusted for size and gross margin).

i4tech innovations limited Estimated Valuation

£43k

Pomanda estimates the enterprise value of I4TECH INNOVATIONS LIMITED at £43k based on Net Assets of £24.4k and 1.76x industry multiple (adjusted for liquidity).

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I4tech Innovations Limited Overview

I4tech Innovations Limited is a live company located in huntingdon, PE28 0PA with a Companies House number of 14247768. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in July 2022, it's largest shareholder is helen elizabeth chalkley with a 80% stake. I4tech Innovations Limited is a startup, micro sized company, Pomanda has estimated its turnover at £207.5k with unknown growth in recent years.

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I4tech Innovations Limited Health Check

Pomanda's financial health check has awarded I4Tech Innovations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £207.5k, make it smaller than the average company (£3.2m)

£207.5k - I4tech Innovations Limited

£3.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - I4tech Innovations Limited

- - Industry AVG

production

Production

with a gross margin of 15%, this company has a higher cost of product (26.8%)

15% - I4tech Innovations Limited

26.8% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it more profitable than the average company (5.7%)

11.7% - I4tech Innovations Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - I4tech Innovations Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - I4tech Innovations Limited

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.7k, this is less efficient (£284.3k)

£103.7k - I4tech Innovations Limited

£284.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is later than average (49 days)

66 days - I4tech Innovations Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 75 days, this is slower than average (24 days)

75 days - I4tech Innovations Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - I4tech Innovations Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - I4tech Innovations Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.1%, this is a higher level of debt than the average (55.8%)

76.1% - I4tech Innovations Limited

55.8% - Industry AVG

I4TECH INNOVATIONS LIMITED financials

EXPORTms excel logo

I4Tech Innovations Limited's latest turnover from March 2024 is estimated at £207.5 thousand and the company has net assets of £24.4 thousand. According to their latest financial statements, I4Tech Innovations Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023
Turnover207,477170,572
Other Income Or Grants
Cost Of Sales176,340149,421
Gross Profit31,13721,152
Admin Expenses6,77213,622
Operating Profit24,3657,530
Interest Payable
Interest Receivable
Pre-Tax Profit24,3657,530
Tax-6,091-1,431
Profit After Tax18,2746,099
Dividends Paid
Retained Profit18,2746,099
Employee Costs76,99279,961
Number Of Employees22
EBITDA*24,3657,530

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023
Tangible Assets61,3198,050
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets61,3198,050
Stock & work in progress
Trade Debtors37,75027,335
Group Debtors
Misc Debtors2,789
Cash
misc current assets
total current assets40,53927,335
total assets101,85835,385
Bank overdraft
Bank loan
Trade Creditors 36,46829,286
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities36,46829,286
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities41,017
provisions
total long term liabilities41,017
total liabilities77,48529,286
net assets24,3736,099
total shareholders funds24,3736,099
Mar 2024Mar 2023
Operating Activities
Operating Profit24,3657,530
Depreciation
Amortisation
Tax-6,091-1,431
Stock
Debtors13,20427,335
Creditors7,18229,286
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations12,2528,050
Investing Activities
capital expenditure-53,269-8,050
Change in Investments
cash flow from investments-53,269-8,050
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities41,017
share issue
interest
cash flow from financing41,017
cash and cash equivalents
cash
overdraft
change in cash

i4tech innovations 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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I4tech Innovations Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for i4tech innovations limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PE28 area or any other competitors across 12 key performance metrics.

i4tech innovations limited Ownership

I4TECH INNOVATIONS LIMITED group structure

I4Tech Innovations Limited has no subsidiary companies.

Ultimate parent company

I4TECH INNOVATIONS LIMITED

14247768

I4TECH INNOVATIONS LIMITED Shareholders

helen elizabeth chalkley 80%
darren scott damage 20%

i4tech innovations limited directors

I4Tech Innovations Limited currently has 2 directors. The longest serving directors include Ms Helen Chalkley (Jul 2022) and Mr Darren Gamage (Jul 2022).

officercountryagestartendrole
Ms Helen ChalkleyEngland53 years Jul 2022- Director
Mr Darren GamageEngland50 years Jul 2022- Director

P&L

March 2024

turnover

207.5k

+22%

operating profit

24.4k

0%

gross margin

15.1%

+21.03%

turnover

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

Balance Sheet

March 2024

net assets

24.4k

+3%

total assets

101.9k

+1.88%

cash

0

0%

net assets

Total assets minus all liabilities

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i4tech innovations limited company details

company number

14247768

Type

Private limited with Share Capital

industry

46190 - Agents involved in the sale of a variety of goods

incorporation date

July 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

the granary church road, catworth, huntingdon, PE28 0PA

Bank

-

Legal Advisor

-

i4tech innovations 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 did not find charges/mortgages relating to i4tech innovations limited.

i4tech innovations 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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i4tech innovations limited Companies House Filings - See Documents

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