foundation (northern ireland)
foundation (northern ireland) Company Information
Company Number
NI068079
Next Accounts
396 days late
Industry
Research and experimental development on social sciences and humanities
Directors
Shareholders
-
Group Structure
View All
Contact
Registered Address
carnegie library, 121 donegall road, belfast, BT12 5JL
foundation (northern ireland) Estimated Valuation
Pomanda estimates the enterprise value of FOUNDATION (NORTHERN IRELAND) at £30.5k based on a Turnover of £26.2k and 1.16x industry multiple (adjusted for size and gross margin).
foundation (northern ireland) Estimated Valuation
Pomanda estimates the enterprise value of FOUNDATION (NORTHERN IRELAND) at £0 based on an EBITDA of £-8.1k and a 8.46x industry multiple (adjusted for size and gross margin).
foundation (northern ireland) Estimated Valuation
Pomanda estimates the enterprise value of FOUNDATION (NORTHERN IRELAND) at £0 based on Net Assets of £-632.4k and 3.22x industry multiple (adjusted for liquidity).
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Foundation (northern Ireland) Overview
Foundation (northern Ireland) is a live company located in belfast, BT12 5JL with a Companies House number of NI068079. It operates in the research and experimental development on social sciences and humanities sector, SIC Code 72200. Founded in February 2008, it's largest shareholder is unknown. Foundation (northern Ireland) is a established, micro sized company, Pomanda has estimated its turnover at £26.2k with unknown growth in recent years.
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Foundation (northern Ireland) Health Check
Pomanda's financial health check has awarded Foundation (Northern Ireland) a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
6 Weak
Size
annual sales of £26.2k, make it smaller than the average company (£781.8k)
£26.2k - Foundation (northern Ireland)
£781.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Foundation (northern Ireland)
- - Industry AVG
Production
with a gross margin of 78.6%, this company has a comparable cost of product (78.6%)
78.6% - Foundation (northern Ireland)
78.6% - Industry AVG
Profitability
an operating margin of -31% make it less profitable than the average company (10.7%)
-31% - Foundation (northern Ireland)
10.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Foundation (northern Ireland)
13 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Foundation (northern Ireland)
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £26.2k, this is less efficient (£90.4k)
- Foundation (northern Ireland)
£90.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Foundation (northern Ireland)
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Foundation (northern Ireland)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Foundation (northern Ireland)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (86 weeks)
2 weeks - Foundation (northern Ireland)
86 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2392.4%, this is a higher level of debt than the average (33.8%)
2392.4% - Foundation (northern Ireland)
33.8% - Industry AVG
FOUNDATION (NORTHERN IRELAND) financials
Foundation (Northern Ireland)'s latest turnover from February 2022 is £26.2 thousand and the company has net assets of -£632.4 thousand. According to their latest financial statements, we estimate that Foundation (Northern Ireland) has 1 employee and maintains cash reserves of £27.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,212 | 126,000 | 54,040 | 69,538 | 53,539 | 0 | 0 | ||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | -60,000 | -60,000 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -8,053 | -100,823 | 0 | -86,137 | -83,234 | -60,000 | -60,000 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | -8,053 | -100,823 | 0 | -86,137 | -83,234 | -60,000 | -60,000 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -8,053 | -100,823 | 0 | -86,137 | -83,234 | -60,000 | -60,000 | ||||
| Employee Costs | 32,800 | ||||||||||
| Number Of Employees | |||||||||||
| EBITDA* | -60,000 | -60,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 3,609 | 4,812 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 3,609 | 4,812 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 11,291 | 7,371 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 1,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 27,587 | 28,096 | 0 | 13,559 | 29,003 | 31,260 | 24,604 | 29,272 | 31,169 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,587 | 28,096 | 0 | 25,920 | 36,374 | 31,260 | 24,604 | 29,272 | 31,169 | 0 | 0 |
| total assets | 27,587 | 28,096 | 0 | 29,529 | 41,186 | 31,260 | 24,604 | 29,272 | 31,169 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 630,000 | 0 | 470,000 | 390,000 | 315,000 | 245,000 | 180,000 | 120,000 |
| Group/Directors Accounts | 660,000 | 660,000 | 0 | 0 | 555,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 4,200 | 0 | 1,300 | 1,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 660,000 | 664,200 | 0 | 631,300 | 556,820 | 470,000 | 390,000 | 315,000 | 245,000 | 180,000 | 120,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 660,000 | 664,202 | 0 | 631,300 | 556,820 | 470,000 | 390,000 | 315,000 | 245,000 | 180,000 | 120,000 |
| net assets | -632,413 | -636,106 | 0 | -601,771 | -515,634 | -438,740 | -365,396 | -285,728 | -213,831 | -180,000 | -120,000 |
| total shareholders funds | -632,413 | -636,106 | 0 | -601,771 | -515,634 | -438,740 | -365,396 | -285,728 | -213,831 | -180,000 | -120,000 |
| Feb 2022 | Feb 2020 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -60,000 | -60,000 | |||||||||
| Depreciation | 0 | 1,203 | 1,203 | 1,203 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -12,361 | 4,990 | 7,371 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | -630,000 | 630,000 | -470,000 | 80,000 | 75,000 | 70,000 | 65,000 | 60,000 | 120,000 |
| Accruals and Deferred Income | 0 | 4,200 | -1,300 | -520 | 1,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 0 | 60,000 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 660,000 | 660,000 | 0 | -555,000 | 555,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| cash flow from financing | 35,640 | 124,719 | -555,000 | 561,340 | 0 | -60,000 | |||||
| cash and cash equivalents | |||||||||||
| cash | 27,587 | 28,096 | -13,559 | -15,444 | -2,257 | 6,656 | -4,668 | -1,897 | 31,169 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 27,587 | 28,096 | -13,559 | -15,444 | -2,257 | 6,656 | -4,668 | -1,897 | 31,169 | 0 | 0 |
foundation (northern ireland) Credit Report and Business Information
Foundation (northern Ireland) Competitor Analysis
Perform a competitor analysis for foundation (northern ireland) by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BT12 area or any other competitors across 12 key performance metrics.
foundation (northern ireland) Ownership
FOUNDATION (NORTHERN IRELAND) group structure
Foundation (Northern Ireland) has no subsidiary companies.
Ultimate parent company
FOUNDATION (NORTHERN IRELAND)
NI068079
foundation (northern ireland) directors
Foundation (Northern Ireland) currently has 1 director, Mr James Holmes serving since Feb 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Holmes | United Kingdom | 52 years | Feb 2008 | - | Director |
P&L
February 2022turnover
26.2k
0%
operating profit
-8.1k
0%
gross margin
78.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-632.4k
0%
total assets
27.6k
0%
cash
27.6k
0%
net assets
Total assets minus all liabilities
foundation (northern ireland) company details
company number
NI068079
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
72200 - Research and experimental development on social sciences and humanities
incorporation date
February 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
N/A
accountant
PHILLIP FALLON
auditor
-
address
carnegie library, 121 donegall road, belfast, BT12 5JL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
foundation (northern ireland) 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 foundation (northern ireland).
foundation (northern ireland) 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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foundation (northern ireland) Companies House Filings - See Documents
| date | description | view/download |
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