Pomanda estimates the enterprise value of INNOVATE EAST LOTHIAN LIMITED at £9.4m based on a Turnover of £11.9m and 0.79x industry multiple (adjusted for size and gross margin).
innovate east lothian limitedEstimated Valuation
£26.5m
Pomanda estimates the enterprise value of INNOVATE EAST LOTHIAN LIMITED at £26.5m based on an EBITDA of £4.6m and a 5.75x industry multiple (adjusted for size and gross margin).
innovate east lothian limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of INNOVATE EAST LOTHIAN LIMITED at £0 based on Net Assets of £-12.4m and 2.13x industry multiple (adjusted for liquidity).
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Innovate East Lothian LimitedOverview
Innovate East Lothian Limited is a live company located in edinburgh, EH1 2EN with a Companies House number of SC223347. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2001, it's largest shareholder is
ranelagh nominees ltd
with a 100% stake. Innovate East Lothian Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£11.9m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Innovate East Lothian Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
2 Weak
Size
annual sales of £11.9m, make it larger than the average company (£4.8m)
£11.9m - Innovate East Lothian Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.6%)
4% - Innovate East Lothian Limited
6.6% - Industry AVG
Production
with a gross margin of 46.1%, this company has a lower cost of product (38.3%)
46.1% - Innovate East Lothian Limited
38.3% - Industry AVG
Profitability
an operating margin of 22.8% make it more profitable than the average company (5.7%)
22.8% - Innovate East Lothian Limited
5.7% - Industry AVG
Employees
with 70 employees, this is above the industry average (27)
70 - Innovate East Lothian Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Innovate East Lothian Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £170.4k, this is equally as efficient (£171.4k)
£170.4k - Innovate East Lothian Limited
£171.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Innovate East Lothian Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (32 days)
96 days - Innovate East Lothian Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Innovate East Lothian Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 39 weeks, this is more cash available to meet short term requirements (22 weeks)
39 weeks - Innovate East Lothian Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.7%, this is a higher level of debt than the average (62.5%)
141.7% - Innovate East Lothian Limited
62.5% - Industry AVG
INNOVATE EAST LOTHIAN LIMITED financials
EXPORT
Innovate East Lothian Limited's latest turnover from December 2023 is £11.9 million and the company has net assets of -£12.4 million. According to their latest financial statements, we estimate that Innovate East Lothian Limited has 70 employees and maintains cash reserves of £8.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
11,927,271
10,284,142
10,447,821
10,452,664
10,309,430
9,816,069
9,555,808
9,415,182
9,395,779
9,172,827
8,562,896
8,650,064
8,482,898
8,069,733
7,796,906
Other Income Or Grants
Cost Of Sales
6,424,841
5,439,418
5,115,248
5,228,283
5,608,299
5,113,451
4,670,999
4,824,733
4,163,166
4,237,390
3,973,002
3,581,726
3,388,651
3,044,923
2,802,154
Gross Profit
5,502,430
4,844,724
5,332,573
5,224,381
4,701,131
4,702,618
4,884,809
4,590,449
5,232,613
4,935,437
4,589,894
5,068,338
5,094,247
5,024,810
4,994,752
Admin Expenses
2,788,115
2,687,471
2,635,119
2,611,525
2,590,713
2,549,538
2,562,788
2,540,458
2,724,032
2,501,075
2,261,181
2,254,712
2,306,243
2,269,827
2,272,987
Operating Profit
2,714,315
2,157,253
2,697,454
2,612,856
2,110,418
2,153,080
2,322,021
2,049,991
2,508,581
2,434,362
2,328,713
2,813,626
2,788,004
2,754,983
2,721,765
Interest Payable
2,890,625
2,777,979
2,843,060
2,852,169
2,942,905
2,865,258
3,007,102
3,076,015
3,591,481
2,688,563
5,463,458
3,066,884
2,346,424
2,498,192
2,712,566
Interest Receivable
298,506
19,189
669
6,679
23,575
17,717
7,722
13,454
15,060
11,385
8,028
13,340
7,445
4,073
5,095
Pre-Tax Profit
122,196
-601,537
-144,937
-232,634
-808,912
-694,461
-677,359
-1,012,570
-1,067,840
-304,369
-3,126,717
-239,918
449,025
260,864
14,294
Tax
-245,126
-47,011
-1,534,294
-310,140
-29,611
-55,851
-49,487
83,745
237,435
-53,984
725,943
22,727
-189,078
-38,570
-104,703
Profit After Tax
-122,930
-648,548
-1,679,231
-542,774
-838,523
-750,312
-726,846
-928,825
-830,405
-358,353
-2,400,774
-217,191
259,947
222,294
-90,409
Dividends Paid
Retained Profit
-122,930
-648,548
-1,679,231
-542,774
-838,523
-750,312
-726,846
-928,825
-830,405
-358,353
-2,400,774
-217,191
259,947
222,294
-90,409
Employee Costs
Number Of Employees
70
64
72
72
69
67
67
66
63
62
58
59
4
4
4
EBITDA*
4,609,499
4,052,437
4,592,638
4,508,040
4,005,603
4,048,264
4,217,205
3,945,176
4,403,765
4,329,546
4,223,897
4,708,810
4,683,188
4,650,167
4,616,949
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
20,077,173
21,972,357
23,867,541
25,762,725
27,657,909
29,553,094
31,448,278
33,343,462
35,238,647
37,133,831
39,029,015
40,924,199
42,819,383
44,714,567
46,609,751
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
1,903,722
2,064,016
1,737,231
1,690,182
1,943,694
2,142,381
1,887,990
2,353,452
Total Fixed Assets
20,077,173
21,972,357
25,771,263
27,826,741
29,395,140
31,243,276
33,391,972
35,485,843
37,126,637
39,487,283
39,029,015
40,924,199
42,819,383
44,714,567
46,609,751
Stock & work in progress
Trade Debtors
7,152
322,873
20,697
814,842
10,484
8,388
10,671
889,786
14,388
8,388
68,698
Group Debtors
907,741
907,741
907,741
907,741
907,741
907,741
907,741
432,751
432,751
432,751
434,469
321,484
Misc Debtors
1,401,418
787,947
472,021
156,575
128,598
97,084
110,437
101,068
206,051
130,554
130,562
153,581
174,364
279,183
281,307
Cash
8,248,705
6,287,749
5,406,234
4,305,448
3,929,191
3,976,512
3,557,150
3,886,886
4,252,010
3,919,408
3,907,600
2,758,918
2,892,847
2,990,138
2,166,936
misc current assets
total current assets
9,650,123
7,082,848
5,878,255
5,369,764
5,288,403
5,002,034
5,390,170
4,906,179
5,374,190
4,957,703
4,481,584
4,235,036
3,514,350
3,712,178
2,838,425
total assets
29,727,296
29,055,205
31,649,518
33,196,505
34,683,543
36,245,310
38,782,142
40,392,022
42,500,827
44,444,986
43,510,599
45,159,235
46,333,733
48,426,745
49,448,176
Bank overdraft
795,327
1,003,002
1,176,787
1,158,893
824,240
1,390,808
1,883,630
1,239,631
Bank loan
1,251,032
824,868
1,066,705
1,250,046
1,289,931
1,626,337
1,224,560
Trade Creditors
1,700,582
668,684
842,024
534,314
1,201,774
870,442
1,563,480
1,132,056
748,033
760,773
960,097
666,479
777,828
817,720
548,109
Group/Directors Accounts
478,816
261,997
4,565,226
4,085,862
3,896,414
3,869,071
3,868,558
3,805,316
3,744,984
2,144,936
2,234,918
319,375
other short term finances
5,297,928
4,605,372
228,558
498,072
507,013
584,071
hp & lease commitments
other current liabilities
2,058,468
2,308,387
1,608,300
1,657,142
1,575,924
1,617,708
1,693,722
1,583,059
1,606,032
1,694,461
2,023,367
1,355,380
1,020,923
1,388,607
1,210,821
total current liabilities
10,786,826
8,669,308
7,810,877
7,280,320
7,850,899
7,516,114
7,950,000
7,911,239
7,982,679
5,839,801
6,285,087
3,819,838
3,586,754
4,339,677
3,567,561
loans
29,734,856
30,384,407
37,114,055
41,032,596
41,280,397
42,066,011
44,623,255
46,516,811
45,688,938
49,527,452
42,940,644
43,931,158
45,095,476
46,882,617
49,048,849
hp & lease commitments
Accruals and Deferred Income
other liabilities
445,238
438,889
432,540
426,190
419,841
413,492
407,142
400,793
394,444
388,095
provisions
1,144,123
1,489,214
2,098,469
1,672,650
1,487,433
1,536,487
1,575,965
1,580,610
1,664,355
1,901,790
1,409,431
2,132,028
2,158,101
1,970,996
1,820,605
total long term liabilities
31,324,217
32,312,510
39,645,064
43,131,436
43,187,671
44,015,990
46,606,362
48,498,214
47,747,737
51,817,337
44,350,075
46,063,186
47,253,577
48,853,613
50,869,454
total liabilities
42,111,043
40,981,818
47,455,941
50,411,756
51,038,570
51,532,104
54,556,362
56,409,453
55,730,416
57,657,138
50,635,162
49,883,024
50,840,331
53,193,290
54,437,015
net assets
-12,383,747
-11,926,613
-15,806,423
-17,215,251
-16,355,027
-15,286,794
-15,774,220
-16,017,431
-13,229,589
-13,212,152
-7,124,563
-4,723,789
-4,506,598
-4,766,545
-4,988,839
total shareholders funds
-12,383,747
-11,926,613
-15,806,423
-17,215,251
-16,355,027
-15,286,794
-15,774,220
-16,017,431
-13,229,589
-13,212,152
-7,124,563
-4,723,789
-4,506,598
-4,766,545
-4,988,839
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
2,714,315
2,157,253
2,697,454
2,612,856
2,110,418
2,153,080
2,322,021
2,049,991
2,508,581
2,434,362
2,328,713
2,813,626
2,788,004
2,754,983
2,721,765
Depreciation
1,895,184
1,895,184
1,895,184
1,895,184
1,895,185
1,895,184
1,895,184
1,895,185
1,895,184
1,895,184
1,895,184
1,895,184
1,895,184
1,895,184
1,895,184
Amortisation
Tax
-245,126
-47,011
-1,534,294
-310,140
-29,611
-55,851
-49,487
83,745
237,435
-53,984
725,943
22,727
-189,078
-38,570
-104,703
Stock
Debtors
606,319
-1,580,644
-752,589
31,889
380,739
-1,061,010
615,040
151,504
-381,577
2,817,763
-902,134
854,615
-100,537
50,551
671,489
Creditors
1,031,898
-173,340
307,710
-667,460
331,332
-693,038
431,424
384,023
-12,740
-199,324
293,618
-111,349
-39,892
269,611
548,109
Accruals and Deferred Income
-249,919
700,087
-48,842
81,218
-41,784
-76,014
110,663
-22,973
-88,429
-328,906
667,987
334,457
-367,684
177,786
1,210,821
Deferred Taxes & Provisions
-345,091
-609,255
425,819
185,217
-49,054
-39,478
-4,645
-83,745
-237,435
492,359
-722,597
-26,073
187,105
150,391
1,820,605
Cash flow from operations
4,194,942
5,503,562
4,495,620
3,764,986
3,835,747
4,244,893
4,090,120
4,154,722
4,684,173
1,421,928
6,090,982
4,073,957
4,374,176
5,158,834
7,420,292
Investing Activities
capital expenditure
-48,504,935
Change in Investments
cash flow from investments
-48,504,935
Financing Activities
Bank loans
426,164
824,868
-1,066,705
-183,341
-39,885
-336,406
401,777
1,224,560
Group/Directors Accounts
216,819
-4,303,229
479,364
189,448
27,343
513
63,242
60,332
1,600,048
-89,982
1,915,543
319,375
Other Short Term Loans
692,556
4,605,372
-228,558
-269,514
-8,941
-77,058
584,071
Long term loans
-649,551
-6,729,648
-3,918,541
-247,801
-785,614
-2,557,244
-1,893,556
827,873
-3,838,514
6,586,808
-990,514
-1,164,318
-1,787,141
-2,166,232
49,048,849
Hire Purchase and Lease Commitments
other long term liabilities
6,349
6,349
6,350
6,349
6,349
6,350
6,349
6,349
6,349
388,095
share issue
-334,204
4,528,358
3,088,059
-317,450
-229,710
1,237,738
970,057
-1,859,017
812,968
-5,729,236
-4,898,430
interest
-2,592,119
-2,758,790
-2,842,391
-2,845,490
-2,919,330
-2,847,541
-2,999,380
-3,062,561
-3,576,421
-2,677,178
-5,455,430
-3,053,544
-2,338,979
-2,494,119
-2,707,471
cash flow from financing
-2,233,986
-3,826,720
-3,187,159
-3,214,944
-3,900,962
-4,160,184
-3,853,288
-4,027,024
-4,995,570
-2,588,198
-4,942,300
-4,207,886
-4,471,467
-4,335,632
43,251,579
cash and cash equivalents
cash
1,960,956
881,515
1,100,786
376,257
-47,321
419,362
-329,736
-365,124
332,602
11,808
1,148,682
-133,929
-97,291
823,202
2,166,936
overdraft
-795,327
-207,675
-173,785
17,894
334,653
-566,568
-492,822
643,999
1,239,631
change in cash
1,960,956
1,676,842
1,308,461
550,042
-65,215
84,709
236,832
127,698
-311,397
-1,227,823
1,148,682
-133,929
-97,291
823,202
2,166,936
innovate east lothian limited 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 innovate east lothian limited. Get real-time insights into innovate east lothian limited's credit score, group structure and payment trends.
Perform a competitor analysis for innovate east lothian limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EH1 area or any other competitors across 12 key performance metrics.
innovate east lothian limited Ownership
INNOVATE EAST LOTHIAN LIMITED group structure
Innovate East Lothian Limited has no subsidiary companies.
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 20 charges/mortgages relating to innovate east lothian limited. Currently there are 20 open charges and 0 have been satisfied in the past.
innovate east lothian 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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innovate east lothian limitedCompanies House Filings - See Documents
