b14 ashmount enterprise park, aber road, flint, CH6 5YL
Website
-
innovate-uk limitedEstimated Valuation
£282.9k
Pomanda estimates the enterprise value of INNOVATE-UK LIMITED at £282.9k based on a Turnover of £532.1k and 0.53x industry multiple (adjusted for size and gross margin).
innovate-uk limitedEstimated Valuation
£250.1k
Pomanda estimates the enterprise value of INNOVATE-UK LIMITED at £250.1k based on an EBITDA of £75.9k and a 3.29x industry multiple (adjusted for size and gross margin).
innovate-uk limitedEstimated Valuation
£114.8k
Pomanda estimates the enterprise value of INNOVATE-UK LIMITED at £114.8k based on Net Assets of £56.9k and 2.02x industry multiple (adjusted for liquidity).
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Innovate-uk LimitedOverview
Innovate-uk Limited is a live company located in flint, CH6 5YL with a Companies House number of 14793008. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 2023, it's largest shareholder is
vaughan roberts
with a 25% stake. Innovate-uk Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£532.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Innovate-Uk 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 Rating2out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £532.1k, make it smaller than the average company (£13.8m)
£532.1k - Innovate-uk Limited
£13.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Innovate-uk Limited
- - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (30.3%)
21% - Innovate-uk Limited
30.3% - Industry AVG
Profitability
an operating margin of 14.3% make it more profitable than the average company (6.3%)
14.3% - Innovate-uk Limited
6.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (72)
4 - Innovate-uk Limited
72 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
£42.5k - Innovate-uk Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £133k, this is less efficient (£177.2k)
£133k - Innovate-uk Limited
£177.2k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (52 days)
93 days - Innovate-uk Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (40 days)
67 days - Innovate-uk Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Innovate-uk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovate-uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a higher level of debt than the average (47.3%)
58.1% - Innovate-uk Limited
47.3% - Industry AVG
INNOVATE-UK LIMITED financials
EXPORT
Innovate-Uk Limited's latest turnover from April 2024 is estimated at £532.1 thousand and the company has net assets of £56.9 thousand. According to their latest financial statements, Innovate-Uk Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Turnover
532,128
Other Income Or Grants
Cost Of Sales
420,148
Gross Profit
111,980
Admin Expenses
36,056
Operating Profit
75,924
Interest Payable
Interest Receivable
Pre-Tax Profit
75,924
Tax
-18,981
Profit After Tax
56,943
Dividends Paid
Retained Profit
56,943
Employee Costs
169,985
Number Of Employees
4
EBITDA*
75,924
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
135,778
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
135,778
total assets
135,778
Bank overdraft
Bank loan
Trade Creditors
77,735
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
77,735
loans
hp & lease commitments
Accruals and Deferred Income
1,100
other liabilities
provisions
total long term liabilities
1,100
total liabilities
78,835
net assets
56,943
total shareholders funds
56,943
Apr 2024
Operating Activities
Operating Profit
75,924
Depreciation
Amortisation
Tax
-18,981
Stock
Debtors
135,778
Creditors
77,735
Accruals and Deferred Income
1,100
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
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
innovate-uk limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for innovate-uk limited. Get real-time insights into innovate-uk limited's credit score, group structure and payment trends.
Perform a competitor analysis for innovate-uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CH6 area or any other competitors across 12 key performance metrics.
innovate-uk limited Ownership
INNOVATE-UK LIMITED group structure
Innovate-Uk Limited has no subsidiary companies.
Ultimate parent company
INNOVATE-UK LIMITED
14793008
INNOVATE-UK LIMITED Shareholders
The largest shareholders in Innovate-Uk Limited include Vaughan Roberts and Mark Bewick.
vaughan roberts
25%
mark bewick
25%
adam gleeson
25%
thomas mcmanus
25%
innovate-uk limited directors
Innovate-Uk Limited currently has 4 directors.
The longest serving directors include
Mr Thomas McManus (Apr 2023) and
Mr Vaughan Roberts (Apr 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
56.9k
0%
total assets
135.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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innovate-uk limited company details
company number
14793008
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
April 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
b14 ashmount enterprise park, aber road, flint, CH6 5YL
Bank
-
Legal Advisor
-
innovate-uk 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 innovate-uk limited.
innovate-uk 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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innovate-uk limitedCompanies House Filings - See Documents
