Pomanda estimates the enterprise value of INCLUDEM at £2.3m based on a Turnover of £5.6m and 0.41x industry multiple (adjusted for size and gross margin).
includemEstimated Valuation
£0
Pomanda estimates the enterprise value of INCLUDEM at £0 based on an EBITDA of £-18.2k and a 4.63x industry multiple (adjusted for size and gross margin).
includemEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of INCLUDEM at £3.1m based on Net Assets of £1.6m and 1.96x industry multiple (adjusted for liquidity).
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IncludemOverview
Includem is a live company located in glasgow, G51 1PR with a Companies House number of SC207985. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in June 2000, it's largest shareholder is
unknown.
Includem is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Includem a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
4 Regular
4 Weak
Size
annual sales of £5.6m, make it larger than the average company (£486.8k)
£5.6m - Includem
£486.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.5%)
5% - Includem
6.5% - Industry AVG
Production
with a gross margin of 67.8%, this company has a comparable cost of product (67.8%)
67.8% - Includem
67.8% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (3.5%)
-0.7% - Includem
3.5% - Industry AVG
Employees
with 166 employees, this is above the industry average (14)
166 - Includem
14 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£25.1k)
£27.8k - Includem
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £33.7k, this is equally as efficient (£39.5k)
£33.7k - Includem
£39.5k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (14 days)
12 days - Includem
14 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is slower than average (5 days)
13 days - Includem
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Includem
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 54 weeks, this is less cash available to meet short term requirements (236 weeks)
54 weeks - Includem
236 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.3%, this is a higher level of debt than the average (13%)
26.3% - Includem
13% - Industry AVG
INCLUDEM financials
EXPORT
Includem's latest turnover from March 2024 is £5.6 million and the company has net assets of £1.6 million. According to their latest financial statements, Includem has 166 employees and maintains cash reserves of £514 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
5,601,092
5,192,959
5,163,407
4,838,725
4,559,249
4,678,010
4,896,812
3,894,177
3,350,742
3,872,792
3,823,571
3,566,096
3,776,064
4,873,535
7,483,743
Other Income Or Grants
Cost Of Sales
1,802,498
1,678,113
1,327,907
1,703,206
1,402,176
1,320,647
1,281,207
796,437
1,866,299
2,293,388
2,398,003
2,130,573
2,237,716
2,794,229
4,343,707
Gross Profit
3,798,594
3,514,846
3,835,500
3,135,519
3,157,073
3,357,363
3,615,605
3,097,740
1,484,443
1,579,404
1,425,568
1,435,523
1,538,348
2,079,306
3,140,036
Admin Expenses
3,840,840
3,642,236
4,263,366
2,961,544
3,334,247
3,600,254
3,237,794
2,803,016
1,635,609
1,426,472
1,339,341
1,322,741
1,477,571
2,053,822
3,555,434
Operating Profit
-42,246
-127,390
-427,866
173,975
-177,174
-242,891
377,811
294,724
-151,166
152,932
86,227
112,782
60,777
25,484
-415,398
Interest Payable
Interest Receivable
9,281
Pre-Tax Profit
-10,437
-97,070
-421,113
141,658
-176,285
-235,491
311,996
239,517
-142,181
128,158
73,141
92,172
51,089
23,566
-412,025
Tax
Profit After Tax
-10,437
-97,070
-421,113
141,658
-176,285
-235,491
311,996
239,517
-142,181
128,158
73,141
92,172
51,089
23,566
-412,025
Dividends Paid
Retained Profit
-10,437
-97,070
-421,113
141,658
-176,285
-235,491
311,996
239,517
-142,181
128,158
73,141
92,172
51,089
23,566
-412,025
Employee Costs
4,612,709
4,183,520
4,264,589
3,767,246
3,647,335
3,887,089
3,536,361
2,854,426
2,653,590
2,645,608
2,778,023
2,626,503
2,882,651
3,837,591
5,921,780
Number Of Employees
166
155
153
126
127
144
133
120
120
120
126
127
132
184
264
EBITDA*
-18,231
-110,272
-404,981
212,916
-123,452
-180,171
450,668
380,011
-36,673
259,053
160,988
132,132
98,464
71,402
-360,004
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
72,221
45,270
29,956
33,556
56,759
103,149
115,712
111,187
157,246
240,162
294,470
176,162
19,938
54,259
97,827
Intangible Assets
Investments & Other
1,170,482
1,076,364
1,165,984
1,302,474
1,050,790
1,157,212
1,119,796
Debtors (Due After 1 year)
Total Fixed Assets
1,242,703
1,121,634
1,195,940
1,336,030
1,107,549
1,260,361
1,235,508
111,187
157,246
240,162
294,470
176,162
19,938
54,259
97,827
Stock & work in progress
Trade Debtors
192,323
333,649
363,348
333,324
409,421
222,141
459,300
233,998
164,567
247,621
152,025
275,352
142,598
254,302
522,373
Group Debtors
Misc Debtors
222,636
174,744
89,697
98,111
72,688
60,266
84,307
70,537
60,409
61,388
56,696
99,434
72,089
51,213
92,627
Cash
514,048
697,738
729,070
1,071,752
751,770
1,025,544
947,700
1,999,861
1,737,735
1,856,435
1,861,002
1,643,402
1,755,272
1,549,621
1,349,174
misc current assets
total current assets
929,007
1,206,131
1,182,115
1,503,187
1,233,879
1,307,951
1,491,307
2,304,396
1,962,711
2,165,444
2,069,723
2,018,188
1,969,959
1,855,136
1,964,174
total assets
2,171,710
2,327,765
2,378,055
2,839,217
2,341,428
2,568,312
2,726,815
2,415,583
2,119,957
2,405,606
2,364,193
2,194,350
1,989,897
1,909,395
2,062,001
Bank overdraft
Bank loan
Trade Creditors
67,525
45,389
72,923
43,205
56,924
47,330
54,443
66,775
43,658
106,732
140,921
139,841
38,376
22,199
50,197
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
426,545
594,299
519,985
601,752
231,902
292,095
200,125
172,752
152,960
246,505
342,732
247,110
236,294
223,058
371,232
total current liabilities
494,070
639,688
592,908
644,957
288,826
339,425
254,568
239,527
196,618
353,237
483,653
386,951
274,670
245,257
421,429
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
77,000
77,000
77,000
65,000
65,000
65,000
72,869
58,470
45,270
32,119
total long term liabilities
77,000
77,000
77,000
65,000
65,000
65,000
72,869
58,470
45,270
32,119
total liabilities
571,070
716,688
669,908
709,957
353,826
404,425
327,437
297,997
241,888
385,356
483,653
386,951
274,670
245,257
421,429
net assets
1,600,640
1,611,077
1,708,147
2,129,260
1,987,602
2,163,887
2,399,378
2,117,586
1,878,069
2,020,250
1,880,540
1,807,399
1,715,227
1,664,138
1,640,572
total shareholders funds
1,600,640
1,611,077
1,708,147
2,129,260
1,987,602
2,163,887
2,399,378
2,117,586
1,878,069
2,020,250
1,880,540
1,807,399
1,715,227
1,664,138
1,640,572
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-42,246
-127,390
-427,866
173,975
-177,174
-242,891
377,811
294,724
-151,166
152,932
86,227
112,782
60,777
25,484
-415,398
Depreciation
24,015
17,118
22,885
38,941
53,722
62,720
72,857
85,287
114,493
106,121
74,761
19,350
37,687
45,918
55,394
Amortisation
Tax
Stock
Debtors
-93,434
55,348
21,610
-50,674
199,702
-261,200
239,072
79,559
-84,033
100,288
-166,065
160,099
-90,828
-309,485
615,000
Creditors
22,136
-27,534
29,718
-13,719
9,594
-7,113
-12,332
23,117
-63,074
-34,189
1,080
101,465
16,177
-27,998
50,197
Accruals and Deferred Income
-167,754
74,314
-81,767
369,850
-60,193
91,970
27,373
19,792
-93,545
-96,227
95,622
10,816
13,236
-148,174
371,232
Deferred Taxes & Provisions
12,000
-7,869
14,399
13,200
13,151
32,119
Cash flow from operations
-70,415
-118,840
-466,640
619,721
-373,753
158,017
241,036
356,561
-96,108
60,468
423,755
84,314
218,705
204,715
-553,575
Investing Activities
capital expenditure
-1,227,631
121,646
-33,919
-44,355
-193,884
-175,967
-3,366
-2,350
-77,707
Change in Investments
94,118
-89,620
-136,490
251,684
-106,422
37,416
1,119,796
cash flow from investments
-94,118
89,620
136,490
-251,684
106,422
-37,416
-2,347,427
121,646
-33,919
-44,355
-193,884
-175,967
-3,366
-2,350
-77,707
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
-30,204
11,552
2,052,597
interest
9,281
cash flow from financing
-30,204
9,281
11,552
2,052,597
cash and cash equivalents
cash
-183,690
-31,332
-342,682
319,982
-273,774
77,844
-1,052,161
262,126
-118,700
-4,567
217,600
-111,870
205,651
200,447
1,349,174
overdraft
change in cash
-183,690
-31,332
-342,682
319,982
-273,774
77,844
-1,052,161
262,126
-118,700
-4,567
217,600
-111,870
205,651
200,447
1,349,174
includem 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 includem. Get real-time insights into includem's credit score, group structure and payment trends.
Perform a competitor analysis for includem by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in G51 area or any other competitors across 12 key performance metrics.
includem Ownership
INCLUDEM group structure
Includem has no subsidiary companies.
Ultimate parent company
INCLUDEM
SC207985
INCLUDEM Shareholders
The sole shareholder of Includem is -.
-
-
includem directors
Includem currently has 13 directors.
The longest serving directors include
Mr John Fanning (Dec 2015) and
Mr Stuart Kennedy (Mar 2016).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
June 2000
age
25
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
C T
address
unit 6000 academy park, gower street, glasgow, G51 1PR
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
BURNESS PAULL
includem 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 includem.
includem 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.
Click to start generating capital raising & share issue transactions for INCLUDEM. This can take several minutes, an email will notify you when this has completed.
