irish football association limited

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irish football association limited Company Information

Share IRISH FOOTBALL ASSOCIATION LIMITED

Company Number

NI00R327

Shareholders

-

Group Structure

View All

Industry

Operation of sports facilities

 

Registered Address

the national football stadium, donegall avenue, belfast, northern ireland, BT12 6LW

irish football association limited Estimated Valuation

£14.8m

Pomanda estimates the enterprise value of IRISH FOOTBALL ASSOCIATION LIMITED at £14.8m based on a Turnover of £18.5m and 0.8x industry multiple (adjusted for size and gross margin).

irish football association limited Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of IRISH FOOTBALL ASSOCIATION LIMITED at £8.1m based on an EBITDA of £2.2m and a 3.76x industry multiple (adjusted for size and gross margin).

irish football association limited Estimated Valuation

£14.2m

Pomanda estimates the enterprise value of IRISH FOOTBALL ASSOCIATION LIMITED at £14.2m based on Net Assets of £8.1m and 1.76x industry multiple (adjusted for liquidity).

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Irish Football Association Limited Overview

Irish Football Association Limited is a live company located in belfast, BT12 6LW with a Companies House number of NI00R327. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in January 1909, it's largest shareholder is unknown. Irish Football Association Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.5m with high growth in recent years.

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Irish Football Association Limited Health Check

Pomanda's financial health check has awarded Irish Football Association Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £18.5m, make it larger than the average company (£766.2k)

£18.5m - Irish Football Association Limited

£766.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (8.2%)

22% - Irish Football Association Limited

8.2% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a higher cost of product (56.8%)

18.8% - Irish Football Association Limited

56.8% - Industry AVG

profitability

Profitability

an operating margin of 3.8% make it less profitable than the average company (4.8%)

3.8% - Irish Football Association Limited

4.8% - Industry AVG

employees

Employees

with 89 employees, this is above the industry average (21)

89 - Irish Football Association Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.6k, the company has a higher pay structure (£21.4k)

£52.6k - Irish Football Association Limited

£21.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £207.4k, this is more efficient (£49.9k)

£207.4k - Irish Football Association Limited

£49.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is later than average (8 days)

10 days - Irish Football Association Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (35 days)

38 days - Irish Football Association Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (13 days)

0 days - Irish Football Association Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (43 weeks)

16 weeks - Irish Football Association Limited

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (43.7%)

83.1% - Irish Football Association Limited

43.7% - Industry AVG

IRISH FOOTBALL ASSOCIATION LIMITED financials

EXPORTms excel logo

Irish Football Association Limited's latest turnover from December 2023 is £18.5 million and the company has net assets of £8.1 million. According to their latest financial statements, Irish Football Association Limited has 89 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Mar 2013Mar 2012Mar 2011Mar 2010
Turnover18,458,00016,33616,426,00010,273,52916,177,58115,960,68215,443,38623,505,21511,277,9629,194,6368,102,2369,956,61310,251,95411,477,05210,463,234
Other Income Or Grants565,00074702,769,74100000000000
Cost Of Sales15,546,00013,79313,370,0009,588,73911,232,05110,890,48411,074,60016,247,6088,551,1967,531,1496,946,5488,627,2998,917,5929,915,6298,724,724
Gross Profit3,477,0003,2903,056,0003,454,5314,945,5305,070,1984,368,7867,257,6072,726,7661,663,4871,155,6881,329,3141,334,3621,561,4231,738,510
Admin Expenses2,778,0005,1042,521,0003,334,9395,242,5935,118,3854,027,8853,448,3332,273,2561,651,902933,4901,246,1591,142,5391,199,5001,329,112
Operating Profit699,000-1,814535,000119,592-297,063-48,187340,9013,809,274453,51011,585222,19883,155191,823361,923409,398
Interest Payable006,00011,51117,37541,574000000000
Interest Receivable000627,9185,0362,43810,09616,26441,76851,83259,79057,67758,78373,201
Pre-Tax Profit699,000-1,814531,000108,777-294,749-74,949349,5073,824,321474,96466,84250,208159,358270,467438,446498,570
Tax-164,000336-350,00024,458-73,231-44,710-96,509-125,411-64,845-22,257-5,637-32,427-45,859-35,149-41,654
Profit After Tax535,000-1,478181,000133,235-367,980-119,659252,9983,698,910410,11944,58544,571126,931224,608403,297456,916
Dividends Paid000000000000000
Retained Profit535,000-1,478181,000133,235-367,980-119,659252,9983,698,910410,11944,58544,571126,931224,608403,297456,916
Employee Costs4,683,0004,1863,269,0002,991,0283,405,9733,534,7923,525,2434,903,7924,299,2823,625,6702,581,8133,527,8653,569,4313,457,4373,489,821
Number Of Employees89836967686878126116113113115113108108
EBITDA*2,152,000-3571,935,0001,397,9251,051,0791,231,7571,593,6214,226,764596,279157,110326,051179,112278,658402,032573,518

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets31,908,00032,74733,685,00033,513,35334,695,08435,830,12336,743,50336,750,35031,269,53112,990,1563,308,6343,160,7041,769,2711,590,4701,609,287
Intangible Assets56,00084169,000160,984201,139167,241000000000
Investments & Other5,092,0004,7205,319,0004,834,6264,589,1993,980,5634,238,8953,782,6743,467,8143,301,3291,455,1821,445,5521,432,9551,417,0821,404,655
Debtors (Due After 1 year)1,370,0001,6800000000000101,363128,0830
Total Fixed Assets38,426,00039,23139,173,00038,508,96339,485,42239,977,92740,982,39840,533,02434,737,34516,291,4854,763,8164,606,2563,303,5893,135,6353,013,942
Stock & work in progress22,0002413,00013,16513,645000000029,92652,04350,411
Trade Debtors545,000672685,00061,6952,137,6711,251,7431,286,0061,552,9621,406,0333,930,2032,699,6811,480,4511,028,744641,781561,329
Group Debtors000000000000000
Misc Debtors4,718,0002,9294,878,0002,626,6541,421,6851,707,8671,727,5932,898,2421,950,8062,871,214385,233434,265301,880376,543255,100
Cash4,110,0006,6706,609,0004,646,8624,252,7683,632,3404,746,8651,568,0765,107,2237,150,6006,862,5824,363,4342,134,3913,710,8803,263,480
misc current assets000000000000000
total current assets9,395,00010,29512,185,0007,348,3767,825,7696,591,9507,760,4646,019,2808,464,06213,952,0179,947,4966,278,1503,494,9414,781,2474,130,320
total assets47,821,00049,52651,358,00045,857,33947,311,19146,569,87748,742,86246,552,30443,201,40730,243,50214,711,31210,884,4066,798,5307,916,8827,144,262
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,619,0009824,043,0002,803,3601,923,8921,284,4051,518,368916,5161,860,9812,704,758875,9751,024,159592,201527,778253,644
Group/Directors Accounts1,359,0002,5890000000000000
other short term finances1,543,0000875,0001,084,981967,5010000000000
hp & lease commitments006,00069,63864,11358,58866,36600000000
other current liabilities8,341,00010,2158,505,0007,002,8909,225,1618,476,6018,606,9187,894,4898,191,4509,637,4598,011,3934,258,7272,041,2783,415,4323,601,069
total current liabilities12,862,00013,78613,429,00010,960,86912,180,6679,819,59410,191,6528,811,00510,052,43112,342,2178,887,3685,282,8862,633,4793,943,2103,854,713
loans26,182,0003,6132,892,00025,258,83725,760,4960000000000
hp & lease commitments0006,18175,670139,593157,34200000000
Accruals and Deferred Income024,04925,145,000259,88919,74932,90128,361,75228,320,46827,678,49012,843,1542,495,6090000
other liabilities00013,212027,008,431387,802126,0240000000
provisions670,000506842,000489,545539,038465,807421,104324,595199,184196,94810,0278,1602,73700
total long term liabilities26,852,00028,16828,879,00026,027,66426,394,95327,646,73229,328,00028,771,08727,877,67413,040,1022,505,6368,1602,73700
total liabilities39,714,00041,95442,308,00036,988,53338,575,62037,466,32639,519,65237,582,09237,930,10525,382,31911,393,0045,291,0462,636,2163,943,2103,854,713
net assets8,107,0007,5729,050,0008,868,8068,735,5719,103,5519,223,2108,970,2125,271,3024,861,1833,318,3085,593,3604,162,3143,973,6723,289,549
total shareholders funds8,107,0007,5729,050,0008,868,8068,735,5719,103,5519,223,2108,970,2125,271,3024,861,1833,318,3085,593,3604,162,3143,973,6723,289,549
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit699,000-1,814535,000119,592-297,063-48,187340,9013,809,274453,51011,585222,19883,155191,823361,923409,398
Depreciation1,405,0001,3821,311,0001,278,3331,291,4901,252,4721,252,720417,490142,769145,525103,85395,95786,83540,109164,120
Amortisation48,0007589,000056,65227,472000000000
Tax-164,000336-350,00024,458-73,231-44,710-96,509-125,411-64,845-22,257-5,637-32,427-45,859-35,149-41,654
Stock21,976-12,976-165-48013,64500000-29,926-29,926-22,1171,63250,411
Debtors6,627,719-5,557,7192,874,651-871,007599,746-53,989-1,437,6051,094,365-3,444,5783,716,5031,652,927482,729285,580329,978816,429
Creditors1,618,018-4,042,0181,239,640879,468639,487-233,963601,852-944,465-843,7771,828,783283,774431,95864,423274,134253,644
Accruals and Deferred Income8,306,736-33,615,73626,387,221-1,982,131735,408-28,459,168753,713345,01713,389,32711,973,6118,465,7242,217,449-1,374,154-185,6373,601,069
Deferred Taxes & Provisions669,494-841,494352,455-49,49373,23144,70396,509125,4112,236186,9217,2905,4232,73700
Cash flow from operations5,932,553-32,928,57426,689,8301,141,7141,812,583-27,407,3924,386,7912,532,95116,523,79810,407,6657,454,2012,348,712-1,337,658123,7703,519,737
Investing Activities
capital expenditure0000-305,399-533,805-523,734-5,108,696-1,841,645-64,725-262,011-1,502,874-281,507-68,340-23,676
Change in Investments5,087,280-5,314,280484,374245,427608,636-258,332456,221314,860166,4851,846,14722,22712,59715,87312,4271,404,655
cash flow from investments-5,087,2805,314,280-484,374-245,427-914,035-275,473-979,955-5,423,556-2,008,130-1,910,872-284,238-1,515,471-297,380-80,767-1,428,331
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,356,4112,5890000000000000
Other Short Term Loans 1,543,000-875,000-209,981117,480967,5010000000000
Long term loans26,178,387-2,888,387-22,366,837-501,65925,760,4960000000000
Hire Purchase and Lease Commitments0-6,000-69,819-63,964-58,398-25,527223,70800000000
other long term liabilities00-13,21213,212-27,008,43126,620,629261,778126,0240000000
share issue7,564,428-9,040,9501940000001,498,290-888,5771,304,115-35,966280,8262,832,633
interest00-6,000-11,449-9,457-36,5382,43810,09616,26441,76851,83259,79057,67758,78373,201
cash flow from financing36,642,226-12,807,748-22,665,655-446,380-348,28926,558,564487,924136,12016,2641,540,058-836,7451,363,90521,711339,6092,905,834
cash and cash equivalents
cash4,103,330-6,602,3301,962,138394,094620,428-1,114,5253,178,789-3,539,147-2,043,377288,0184,728,1912,229,043-1,576,489447,4003,263,480
overdraft000000000000000
change in cash4,103,330-6,602,3301,962,138394,094620,428-1,114,5253,178,789-3,539,147-2,043,377288,0184,728,1912,229,043-1,576,489447,4003,263,480

irish football association limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Irish Football Association Limited Competitor Analysis

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Perform a competitor analysis for irish football association limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in BT12 area or any other competitors across 12 key performance metrics.

irish football association limited Ownership

IRISH FOOTBALL ASSOCIATION LIMITED group structure

Irish Football Association Limited has 1 subsidiary company.

Ultimate parent company

IRISH FOOTBALL ASSOCIATION LIMITED

NI00R327

1 subsidiary

IRISH FOOTBALL ASSOCIATION LIMITED Shareholders

--

irish football association limited directors

Irish Football Association Limited currently has 12 directors. The longest serving directors include Mr Norman McKeown (Dec 2016) and Miss Helen Kirkpatrick (Aug 2017).

officercountryagestartendrole
Mr Norman McKeown67 years Dec 2016- Director
Miss Helen KirkpatrickNorthern Ireland66 years Aug 2017- Director
Mr Michael Wilson63 years Dec 2019- Director
Mr Stephen Martin56 years Jun 2020- Director
Mr Mervyn MartinUnited Kingdom71 years Mar 2021- Director
Ms Cheryl Lamont64 years Mar 2021- Director
Mr Simon McCoy65 years Mar 2021- Director
Mr Neil Jardine55 years Jun 2021- Director
Mr Colin McKendryNorthern Ireland61 years Jun 2021- Director
Mr Conrad KirkwoodUnited Kingdom57 years Jun 2021- Director

P&L

December 2023

turnover

18.5m

+112890%

operating profit

699k

-38634%

gross margin

18.9%

-6.47%

turnover

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

Balance Sheet

December 2023

net assets

8.1m

+1069.66%

total assets

47.8m

+964.57%

cash

4.1m

+615.19%

net assets

Total assets minus all liabilities

irish football association limited company details

company number

NI00R327

Type

Private Ltd By Guarantee w/o Share Cap

industry

93110 - Operation of sports facilities

incorporation date

January 1909

age

116

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

the national football stadium, donegall avenue, belfast, northern ireland, BT12 6LW

Bank

DANSKE BANK

Legal Advisor

A&L GOODBODY

irish football association 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 8 charges/mortgages relating to irish football association limited. Currently there are 2 open charges and 6 have been satisfied in the past.

irish football association 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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irish football association limited Companies House Filings - See Documents

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