iomart cloud services limited

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iomart cloud services limited Company Information

Share IOMART CLOUD SERVICES LIMITED

Company Number

SC187413

Shareholders

iomart group plc

Group Structure

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Industry

Non-trading company

 

Registered Address

6 atlantic quay, 55 robertson street, glasgow, G2 8JD

iomart cloud services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IOMART CLOUD SERVICES LIMITED at £0 based on a Turnover of £0 and 0.58x industry multiple (adjusted for size and gross margin).

iomart cloud services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of IOMART CLOUD SERVICES LIMITED at £0 based on an EBITDA of £-1 and a 4.1x industry multiple (adjusted for size and gross margin).

iomart cloud services limited Estimated Valuation

£1

Pomanda estimates the enterprise value of IOMART CLOUD SERVICES LIMITED at £1 based on Net Assets of £1 and 1.35x industry multiple (adjusted for liquidity).

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Iomart Cloud Services Limited Overview

Iomart Cloud Services Limited is a live company located in glasgow, G2 8JD with a Companies House number of SC187413. It operates in the non-trading company sector, SIC Code 74990. Founded in July 1998, it's largest shareholder is iomart group plc with a 100% stake. Iomart Cloud Services Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Iomart Cloud Services Limited Health Check

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IOMART CLOUD SERVICES LIMITED financials

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Iomart Cloud Services Limited's latest turnover from March 2024 is estimated at 0 and the company has net assets of £1. According to their latest financial statements, we estimate that Iomart Cloud Services Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover8,663,3848,975,2119,462,3829,306,64410,319,5519,768,2259,382,4194,372,3935,504,0141,966,4451,614,929892,363
Other Income Or Grants
Cost Of Sales1,028,2901,067,5021,413,3481,922,5122,010,3221,595,5511,647,283865,637999,490429,098511,549217,482
Gross Profit7,635,0947,907,7098,049,0347,384,1328,309,2298,172,6747,735,1363,506,7564,504,5241,537,3471,103,380674,881
Admin Expenses13,048,6643,339,3042,529,0533,134,4544,124,5014,001,7873,415,7331,847,7101,914,527-1,012,154161,432777,986
Operating Profit-14,586,4304,568,4055,519,9814,249,6784,184,7284,170,8874,319,4031,659,0462,589,9972,549,501941,948-103,105
Interest Payable20,84727,48811,378
Interest Receivable2741,5782,7231,8122,43612,2873,391
Pre-Tax Profit-14,565,8574,542,4955,522,7044,251,4904,187,1644,183,1744,311,4161,659,0462,075,460434,52297,545-103,105
Tax-735,261-602,139-996,035-783,310-753,617-776,136-706,239-272,559-304,2561,236,698277,090
Profit After Tax-13,830,5963,940,3564,526,6693,468,1803,433,5473,407,0383,605,1771,386,4871,771,2041,671,220374,635-103,105
Dividends Paid4,000,00019,687,892
Retained Profit-1-169,404-15,747,5364,526,6693,468,1803,433,5473,407,0383,605,1771,386,4871,771,2041,671,220374,635-103,105
Employee Costs915,330759,502257,733983,0042,506,6641,933,8481,682,368815,304858,962673,149887,890578,304
Number Of Employees1212530313230301620171614
EBITDA*-16,536,2336,617,6877,253,0905,888,3185,828,9345,604,5975,337,5302,110,8193,160,6272,579,629976,394-60,355

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,846,2041,244,9241,687,7641,738,6291,871,8861,892,9573,238,565687,07660,65857,47537,644
Intangible Assets2,893,9022,912,4122,581,6322,428,0692,011,7601,855,01327,503
Investments & Other214,203181,306237,056
Debtors (Due After 1 year)286,369250,031345,609954,525913,788196,750
Total Fixed Assets4,954,3094,157,3364,450,7024,403,7544,170,0153,998,0013,611,6771,641,601974,446254,22537,644
Stock & work in progress
Trade Debtors1,468,3281,513,6761,197,0561,325,5561,872,0232,010,6791,342,907169,351141,911132,182416,275
Group Debtors12,195,3952,195,3953,184,732370,61613,443,39810,588,2286,742,6502,421,9423,003,307
Misc Debtors1,041,4731,768,7172,044,5341,063,7371,148,4051,064,2171,400,236427,168610,07895,18318,731
Cash153,901189,199329,906148,766196,743189,39853,55118,90935,341128,92014,692
misc current assets
total current assets12,195,3952,195,3953,184,7323,034,31816,914,99014,159,7249,280,7095,639,1133,264,2942,796,694615,428787,330356,2853,453,005
total assets12,195,3952,195,3953,184,7327,988,62721,072,32618,610,42613,684,4639,809,1287,262,2956,408,3712,257,0291,761,776610,5103,490,649
Bank overdraft
Bank loan
Trade Creditors 38,51759,4711,695,226334,64466,585155,044143,72459,43816,9418,82129,605
Group/Directors Accounts2,440,3351,866,256
other short term finances
hp & lease commitments164,77474,621
other current liabilities1,458,5252,161,1642,464,6562,452,2952,505,3881,505,3181,208,950713,556977,3091,635,301761,526
total current liabilities4,102,1512,220,6354,159,8822,786,9392,571,9733,526,6181,427,295772,994994,2501,644,122791,131
loans5,494,6023,450,0534,537,6844,431,7298,552,300
hp & lease commitments747,318
Accruals and Deferred Income18,128
other liabilities
provisions49,51830,310
total long term liabilities814,96430,3105,494,6023,450,0534,537,6844,431,7298,552,300
total liabilities4,917,1152,250,9454,159,8822,786,9392,571,9733,526,6186,921,8974,223,0475,531,9346,075,8519,343,431
net assets12,195,3952,195,3953,184,7323,071,51218,821,38114,450,54410,897,5247,237,1553,735,677-513,526-1,966,018-3,770,158-5,465,341-5,852,782
total shareholders funds12,195,3952,195,3953,184,7323,071,51218,821,38114,450,54410,897,5247,237,1553,735,677-513,526-1,966,018-3,770,158-5,465,341-5,852,782
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-14,586,4304,568,4055,519,9814,249,6784,184,7284,170,8874,319,4031,659,0462,589,9972,549,501941,948-103,105
Depreciation475,508555,904477,372531,258585,830598,5711,008,131451,773570,63030,12834,44642,750
Amortisation1,474,2951,493,3781,255,7371,107,3821,058,376835,1399,996
Tax-735,261-602,139-996,035-783,310-753,617-776,136-706,239-272,559-304,2561,236,698277,090
Stock
Debtors-2,195,394-989,337304,315-13,845,3742,895,9734,697,8753,403,2042,403,812236,1751,537,708-114,7331,241,662-3,014,1983,438,313
Creditors-38,517-20,954-1,635,7551,360,582268,059-88,45911,32084,28642,4978,120-20,78429,605
Accruals and Deferred Income-1,476,653-684,511-303,49212,361-53,0931,000,070296,368495,394-263,753-657,992873,775761,526
Deferred Taxes & Provisions-49,51819,20830,310
Cash flow from operations2,195,393989,3373,931,96919,174,6651,452,1451,780,0761,887,0793,336,2604,702,804880,2322,749,8481,924,7935,120,673-2,707,537
Investing Activities
capital expenditure2,790,303-2,632,052-1,621,049-1,741,338-1,927,258-1,569,386-1,500,029-3,030,765-1,197,048-33,311-54,277-80,394
Change in Investments-214,203214,203-181,306-55,750237,056
cash flow from investments3,004,506-2,846,255-1,439,743-1,685,588-2,164,314-1,569,386-1,500,029-3,030,765-1,197,048-33,311-54,277-80,394
Financing Activities
Bank loans
Group/Directors Accounts-2,440,3352,440,335-1,866,2561,866,256
Other Short Term Loans
Long term loans-5,494,6022,044,549-1,087,631105,955-4,120,5718,552,300
Hire Purchase and Lease Commitments-912,092912,092-74,62174,621
other long term liabilities
share issue-2,195,393-989,337282,624-2,333-155,83284,840226,82294,440644,02666,00532,93623,96312,806-5,749,677
interest-20,573-25,9102,7231,8122,43612,287-7,987
cash flow from financing-2,195,393-989,337-3,090,3763,324,184-153,10986,652229,258-1,759,529-3,066,9282,185,175-1,054,695129,918-4,107,7652,802,623
cash and cash equivalents
cash-153,901-35,298-140,707181,140-47,9777,345135,84734,642-16,432-93,579114,22814,692
overdraft
change in cash-153,901-35,298-140,707181,140-47,9777,345135,84734,642-16,432-93,579114,22814,692

iomart cloud services 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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Iomart Cloud Services Limited Competitor Analysis

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iomart cloud services limited Ownership

IOMART CLOUD SERVICES LIMITED group structure

Iomart Cloud Services Limited has no subsidiary companies.

Ultimate parent company

1 parent

IOMART CLOUD SERVICES LIMITED

SC187413

IOMART CLOUD SERVICES LIMITED Shareholders

iomart group plc 100%

iomart cloud services limited directors

Iomart Cloud Services Limited currently has 2 directors. The longest serving directors include Mr Scott Cunningham (Sep 2018) and Miss Lucy Dimes (Sep 2023).

officercountryagestartendrole
Mr Scott CunninghamUnited Kingdom53 years Sep 2018- Director
Miss Lucy DimesScotland59 years Sep 2023- Director

P&L

March 2024

turnover

0

0%

operating profit

-1

0%

gross margin

0%

0%

turnover

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

Balance Sheet

March 2024

net assets

1

-1%

total assets

1

-1%

cash

0

0%

net assets

Total assets minus all liabilities

iomart cloud services limited company details

company number

SC187413

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

July 1998

age

27

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

netintelligence limited (February 2011)

iomart limited (May 2005)

accountant

-

auditor

-

address

6 atlantic quay, 55 robertson street, glasgow, G2 8JD

Bank

BANK OF SCOTLAND

Legal Advisor

PINSENT MASONS LLP

iomart cloud services 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 2 charges/mortgages relating to iomart cloud services limited. Currently there are 0 open charges and 2 have been satisfied in the past.

iomart cloud services limited Capital Raised & Share Issues BETA

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iomart cloud services limited Companies House Filings - See Documents

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