ifa stadium development company limited

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ifa stadium development company limited Company Information

Share IFA STADIUM DEVELOPMENT COMPANY LIMITED

Company Number

NI608630

Shareholders

irish football association ltd

Group Structure

View All

Industry

Operation of sports facilities

 

Registered Address

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

ifa stadium development company limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of IFA STADIUM DEVELOPMENT COMPANY LIMITED at £2.2m based on a Turnover of £2.8m and 0.79x industry multiple (adjusted for size and gross margin).

ifa stadium development company limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of IFA STADIUM DEVELOPMENT COMPANY LIMITED at £1.1m based on an EBITDA of £301k and a 3.71x industry multiple (adjusted for size and gross margin).

ifa stadium development company limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of IFA STADIUM DEVELOPMENT COMPANY LIMITED at £2.6m based on Net Assets of £1.5m and 1.76x industry multiple (adjusted for liquidity).

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Ifa Stadium Development Company Limited Overview

Ifa Stadium Development Company Limited is a live company located in belfast, BT12 6LW with a Companies House number of NI608630. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in August 2011, it's largest shareholder is irish football association ltd with a 100% stake. Ifa Stadium Development Company Limited is a established, small sized company, Pomanda has estimated its turnover at £2.8m with rapid growth in recent years.

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Ifa Stadium Development Company Limited Health Check

Pomanda's financial health check has awarded Ifa Stadium Development Company 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

0 Regular

positive_score

6 Weak

size

Size

annual sales of £2.8m, make it larger than the average company (£766.2k)

£2.8m - Ifa Stadium Development Company Limited

£766.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1030%, show it is growing at a faster rate (8.2%)

1030% - Ifa Stadium Development Company Limited

8.2% - Industry AVG

production

Production

with a gross margin of 44.3%, this company has a higher cost of product (56.8%)

44.3% - Ifa Stadium Development Company Limited

56.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Ifa Stadium Development Company Limited

- - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (21)

5 - Ifa Stadium Development Company Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.6k, the company has a higher pay structure (£21.4k)

£29.6k - Ifa Stadium Development Company Limited

£21.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £550.8k, this is more efficient (£49.9k)

£550.8k - Ifa Stadium Development Company Limited

£49.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (8 days)

28 days - Ifa Stadium Development Company Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 74 days, this is slower than average (35 days)

74 days - Ifa Stadium Development Company Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (13 days)

2 days - Ifa Stadium Development Company Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (43 weeks)

2 weeks - Ifa Stadium Development Company Limited

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (43.7%)

95.4% - Ifa Stadium Development Company Limited

43.7% - Industry AVG

IFA STADIUM DEVELOPMENT COMPANY LIMITED financials

EXPORTms excel logo

Ifa Stadium Development Company Limited's latest turnover from December 2023 is £2.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Ifa Stadium Development Company Limited has 5 employees and maintains cash reserves of £289 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014Mar 2013Mar 2012
Turnover2,754,0002,467,0001,8181,9102,098,6712,182,6921,705,2961,639,560705,6160000
Other Income Or Grants0000000000000
Cost Of Sales1,535,0001,534,0001,281945963,3601,062,545917,405861,054155,3800000
Gross Profit1,219,000933,0005379651,135,3111,120,147787,891778,506550,2360000
Admin Expenses1,219,000933,0005319631,143,6691,274,181787,891-1,628,351508,379237,681000
Operating Profit0062-8,358-154,03402,406,85741,857-237,681000
Interest Payable0000000000000
Interest Receivable0000000000000
Pre-Tax Profit0062-8,358-154,03402,406,85741,857-237,681000
Tax-82,00010,000-237-33-69,4749,694-41,012-106,401-7770000
Profit After Tax-82,00010,000-231-31-77,832-144,340-41,0122,300,45641,080-237,681000
Dividends Paid0000000000000
Retained Profit-82,00010,000-231-31-77,832-144,340-41,0122,300,45641,080-237,681000
Employee Costs148,000137,000141138164,992150,335224,835205,414116,33649,603000
Number Of Employees5544554754000
EBITDA*301,000230,0001,1901,14155,685-108,3521,925,1492,910,569111,295-237,681000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014Mar 2013Mar 2012
Tangible Assets1,210,000963,000855385383,046329,959340,242160,4681,0669,339,133000
Intangible Assets0000000000000
Investments & Other30,529,00031,623,00033,73332,94233,999,79535,062,48335,830,23036,306,90030,617,2740000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets31,739,00032,586,00034,58833,32734,382,84135,392,44236,170,47236,467,36830,618,3409,339,133000
Stock & work in progress11,00012,000131313,64600000000
Trade Debtors218,000264,000251117,49941,391191,51192,08619,6621,744,042000
Group Debtors0000000000000
Misc Debtors391,000543,0001,029255351,578398,720514,7191,437,3071,482,4092,345,744000
Cash289,000314,000218325511,274230,199140,34152,177227,1682,705000
misc current assets0000000000000
total current assets909,0001,133,0001,262644993,997670,310846,5711,581,5701,729,2394,092,491000
total assets32,648,00033,719,00035,85033,97135,376,83836,062,75237,017,04338,048,93832,347,57913,431,624000
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 314,000373,000629225123,176196,370294,23999,9551,371,0012,068,985000
Group/Directors Accounts5,412,0005,549,0004,8784,7985,234,8335,191,0845,698,0326,008,6642,772,6471,659,137000
other short term finances0000863,114853,405853,731750,67200000
hp & lease commitments0000000000000
other current liabilities1,601,0001,725,0002,3252,1251,486,1241,321,286661,523706,409878,160602,048000
total current liabilities7,327,0007,647,0007,8327,1487,707,2477,562,1457,507,5257,565,7005,021,8084,330,170000
loans00024,77425,621,72526,444,3830000000
hp & lease commitments0000000000000
Accruals and Deferred Income0025,96300027,299,26028,272,98027,522,3709,339,133000
other liabilities23,266,00024,017,00000000000000
provisions549,000467,000477240207,193137,719147,413106,40100000
total long term liabilities23,815,00024,484,00026,44025,01425,828,91826,582,10227,446,67328,379,38127,522,3709,339,133000
total liabilities31,142,00032,131,00034,27232,16233,536,16534,144,24734,954,19835,945,08132,544,17813,669,303000
net assets1,506,0001,588,0001,5781,8091,840,6731,918,5052,062,8452,103,857-196,599-237,679000
total shareholders funds1,506,0001,588,0001,5781,8091,840,6731,918,5052,062,8452,103,857-196,599-237,679000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit0062-8,358-154,03402,406,85741,857-237,681000
Depreciation301,000230,0001,1841,13964,04345,6821,054,488281,34634,7420000
Amortisation000000870,661222,36634,6960000
Tax-82,00010,000-237-33-69,4749,694-41,012-106,401-7770000
Stock-1,00011,9870-13,63313,64600000000
Debtors-198,000805,969725-468,77128,966-266,119-823,16327,322-2,587,7154,089,786000
Creditors-59,000372,371404-122,951-73,194-97,869194,284-1,271,046-697,9842,068,985000
Accruals and Deferred Income-124,0001,696,71226,163-1,483,999164,838-26,639,497-1,018,606578,85918,459,3499,941,181000
Deferred Taxes & Provisions82,000466,523237-206,95369,474-9,69441,012106,40100000
Cash flow from operations317,0001,957,65027,032-1,330,391104,717-26,579,5991,923,9902,191,06020,459,5987,682,699000
Investing Activities
capital expenditure-548,000-1,192,145-1,654381,522-117,130-35,399-2,104,923-663,1149,268,629-9,339,133000
Change in Investments-1,094,00031,589,267791-33,966,853-1,062,688-767,747-476,6705,689,62630,617,2740000
cash flow from investments546,000-32,781,412-2,44534,348,375945,558732,348-1,628,253-6,352,740-21,348,645-9,339,133000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts-137,0005,544,12280-5,230,03543,749-506,948-310,6323,236,0171,113,5101,659,137000
Other Short Term Loans 000-863,1149,709-326103,059750,67200000
Long term loans00-24,774-25,596,951-822,65826,444,3830000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities-751,00024,017,00000000000000
share issue01,576,4220-1,838,833000002000
interest0000000000000
cash flow from financing-888,00031,137,544-24,694-33,528,933-769,20025,937,109-207,5733,986,6891,113,5101,659,139000
cash and cash equivalents
cash-25,000313,782-107-510,949281,07589,85888,164-174,991224,4632,705000
overdraft0000000000000
change in cash-25,000313,782-107-510,949281,07589,85888,164-174,991224,4632,705000

ifa stadium development company 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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Ifa Stadium Development Company Limited Competitor Analysis

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Perform a competitor analysis for ifa stadium development company limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in BT12 area or any other competitors across 12 key performance metrics.

ifa stadium development company limited Ownership

IFA STADIUM DEVELOPMENT COMPANY LIMITED group structure

Ifa Stadium Development Company Limited has no subsidiary companies.

Ultimate parent company

1 parent

IFA STADIUM DEVELOPMENT COMPANY LIMITED

NI608630

IFA STADIUM DEVELOPMENT COMPANY LIMITED Shareholders

irish football association ltd 100%

ifa stadium development company limited directors

Ifa Stadium Development Company Limited currently has 7 directors. The longest serving directors include Mr Patrick Nelson (Feb 2012) and Mr Stuart Gilmore (Aug 2017).

officercountryagestartendrole
Mr Patrick Nelson64 years Feb 2012- Director
Mr Stuart GilmoreNorthern Ireland49 years Aug 2017- Director
Mr Roy CathcartNorthern Ireland73 years Mar 2021- Director
Mr William JohnstonNorthern Ireland55 years Dec 2022- Director
Mr Jonathan PattersonNorthern Ireland34 years Nov 2023- Director
Ms Orla SmythNorthern Ireland45 years Nov 2023- Director
Mr Connor DiamondNorthern Ireland43 years Feb 2024- Director

P&L

December 2023

turnover

2.8m

+12%

operating profit

0

0%

gross margin

44.3%

+17.04%

turnover

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

Balance Sheet

December 2023

net assets

1.5m

-0.05%

total assets

32.6m

-0.03%

cash

289k

-0.08%

net assets

Total assets minus all liabilities

ifa stadium development company limited company details

company number

NI608630

Type

Private limited with Share Capital

industry

93110 - Operation of sports facilities

incorporation date

August 2011

age

14

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

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

Bank

ULSTER BANK LTD

Legal Advisor

A&L GOOBODY

ifa stadium development company 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 ifa stadium development company limited.

ifa stadium development company 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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ifa stadium development company limited Companies House Filings - See Documents

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