ipsum drainage (scotland) limitedEstimated Valuation
£4.8m
Pomanda estimates the enterprise value of IPSUM DRAINAGE (SCOTLAND) LIMITED at £4.8m based on a Turnover of £9m and 0.53x industry multiple (adjusted for size and gross margin).
ipsum drainage (scotland) limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of IPSUM DRAINAGE (SCOTLAND) LIMITED at £2.2m based on an EBITDA of £665.9k and a 3.29x industry multiple (adjusted for size and gross margin).
ipsum drainage (scotland) limitedEstimated Valuation
£12.2m
Pomanda estimates the enterprise value of IPSUM DRAINAGE (SCOTLAND) LIMITED at £12.2m based on Net Assets of £5.4m and 2.27x industry multiple (adjusted for liquidity).
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Ipsum Drainage (scotland) LimitedOverview
Ipsum Drainage (scotland) Limited is a live company located in glasgow, G52 4RR with a Companies House number of SC356488. It operates in the other cleaning services sector, SIC Code 81299. Founded in March 2009, it's largest shareholder is
ipsum infrastructure limited
with a 100% stake. Ipsum Drainage (scotland) Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Ipsum Drainage (Scotland) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £9m, make it larger than the average company (£247.8k)
£9m - Ipsum Drainage (scotland) Limited
£247.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.9%)
-4% - Ipsum Drainage (scotland) Limited
5.9% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (30.7%)
26.3% - Ipsum Drainage (scotland) Limited
30.7% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (5.4%)
-3.6% - Ipsum Drainage (scotland) Limited
5.4% - Industry AVG
Employees
with 120 employees, this is above the industry average (15)
120 - Ipsum Drainage (scotland) Limited
15 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has a higher pay structure (£16k)
£37.1k - Ipsum Drainage (scotland) Limited
£16k - Industry AVG
Efficiency
resulting in sales per employee of £75.1k, this is more efficient (£24.4k)
£75.1k - Ipsum Drainage (scotland) Limited
£24.4k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (42 days)
96 days - Ipsum Drainage (scotland) Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (20 days)
6 days - Ipsum Drainage (scotland) Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ipsum Drainage (scotland) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Ipsum Drainage (scotland) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.7%, this is a lower level of debt than the average (58%)
50.7% - Ipsum Drainage (scotland) Limited
58% - Industry AVG
IPSUM DRAINAGE (SCOTLAND) LIMITED financials
EXPORT
Ipsum Drainage (Scotland) Limited's latest turnover from December 2023 is £9 million and the company has net assets of £5.4 million. According to their latest financial statements, Ipsum Drainage (Scotland) Limited has 120 employees and maintains cash reserves of £331.9 thousand 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
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
9,009,391
9,482,880
11,060,705
10,329,247
11,551,678
6,805,598
8,543,970
4,390,865
5,831,343
5,265,424
5,837,252
5,626,867
5,712,924
6,457,427
2,654,778
Other Income Or Grants
Cost Of Sales
6,642,765
6,628,104
7,620,454
6,829,572
7,781,553
4,329,055
5,714,520
2,708,753
3,885,744
3,844,590
4,059,528
3,676,280
3,679,205
4,273,719
1,505,379
Gross Profit
2,366,626
2,854,776
3,440,251
3,499,675
3,770,125
2,476,543
2,829,450
1,682,112
1,945,599
1,420,834
1,777,724
1,950,587
2,033,719
2,183,708
1,149,399
Admin Expenses
2,691,083
2,993,819
2,174,264
2,399,150
2,308,788
1,102,088
1,694,232
767,238
1,423,462
1,677,583
1,640,044
980,172
1,102,951
1,887,405
827,401
Operating Profit
-324,457
-139,043
1,265,987
1,100,525
1,461,337
1,374,455
1,135,218
914,874
522,137
-256,749
137,680
970,415
930,768
296,303
321,998
Interest Payable
50,816
60,764
61,412
27,655
41,090
38,730
47,733
10,652
51,005
76,460
79,162
103,835
43,510
100,544
9,816
Interest Receivable
222,795
217
2,684
Pre-Tax Profit
-375,273
-199,807
1,204,575
1,072,870
1,420,247
1,558,520
1,087,485
904,440
471,132
-330,525
58,518
866,580
887,258
195,759
312,182
Tax
364,429
-203,287
-206,166
-146,027
-138,803
-180,888
53,917
46,900
237,911
-193,638
-52,565
-92,525
Profit After Tax
-10,844
-403,094
998,409
926,843
1,281,444
1,558,520
1,087,485
723,552
471,132
-276,608
105,418
1,104,491
693,620
143,194
219,657
Dividends Paid
Retained Profit
-10,844
-403,094
998,409
926,843
1,281,444
1,558,520
1,087,485
723,552
471,132
-276,608
105,418
1,104,491
693,620
143,194
219,657
Employee Costs
4,452,244
4,475,102
4,475,720
4,744,924
4,879,115
2,113,863
2,940,757
942,362
2,211,471
2,165,104
2,131,625
1,977,651
2,500,170
2,564,350
Number Of Employees
120
125
136
152
159
96
104
107
82
84
85
78
217
229
EBITDA*
665,857
827,591
2,154,792
1,665,039
1,877,235
1,436,019
1,347,371
1,136,246
775,932
-28,906
369,723
1,198,950
1,156,819
480,709
369,234
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
4,080,130
4,659,645
3,741,528
1,452,017
400,033
52,363
103,713
321,490
522,827
770,742
866,586
1,042,817
1,256,935
1,506,634
1,521,440
Intangible Assets
408,845
859,964
1,346,223
1,720,670
6,000
18,000
30,000
42,000
54,000
Investments & Other
Debtors (Due After 1 year)
4,728,195
3,247,394
2,296,178
1,739,951
1,830,065
Total Fixed Assets
4,080,130
5,068,490
4,601,492
2,798,240
2,120,703
52,363
4,831,908
3,568,884
2,819,005
2,510,693
2,702,651
1,060,817
1,286,935
1,548,634
1,575,440
Stock & work in progress
24,268
Trade Debtors
2,393,380
1,637,715
1,272,095
2,045,066
1,964,592
894,738
1,147,857
750,795
1,011,821
723,665
742,482
628,941
773,825
1,568,961
1,123,451
Group Debtors
3,252,082
3,518,823
1,051,818
771,424
5,441,100
766,686
476,618
62,826
Misc Debtors
895,681
694,035
525,390
728,311
1,044,446
149,062
239,815
156,659
161,344
186,169
401,709
189,730
142,054
156,429
43,787
Cash
331,886
213,266
1,497,596
1,708,528
915,604
119,130
50,786
85,283
88,345
3,575
90,163
1,269,692
1,784,635
205,497
720
misc current assets
total current assets
6,873,029
6,063,839
4,346,899
4,481,905
4,696,066
6,604,030
1,438,458
992,737
1,261,510
913,409
1,234,354
2,855,049
3,177,132
2,017,981
1,167,958
total assets
10,953,159
11,132,329
8,948,391
7,280,145
6,816,769
6,656,393
6,270,366
4,561,621
4,080,515
3,424,102
3,937,005
3,915,866
4,464,067
3,566,615
2,743,398
Bank overdraft
105,267
Bank loan
Trade Creditors
117,207
315,611
386,716
429,277
1,180,509
314,316
523,789
433,593
349,003
243,469
227,804
359,145
276,313
477,746
143,124
Group/Directors Accounts
909,030
626,477
83,089
673,896
210,203
28,725
1,686,777
1,127,610
348,220
other short term finances
hp & lease commitments
681,105
685,172
394,790
44,112
42,597
40,957
159,914
262,603
293,745
283,602
225,393
400,767
369,018
other current liabilities
2,288,175
1,461,367
699,595
1,177,454
1,362,847
600,754
1,563,774
817,443
848,081
746,749
757,911
368,586
495,133
133,930
307,143
total current liabilities
3,995,517
3,088,627
1,564,190
2,324,739
2,796,156
915,070
2,087,563
1,291,993
1,356,998
1,252,821
1,279,460
1,040,058
2,683,616
2,140,053
1,272,772
loans
99,830
241,018
18,671
hp & lease commitments
1,374,474
2,085,261
1,225,953
88,336
136,335
40,957
200,871
337,939
631,685
579,866
918,619
1,158,442
Accruals and Deferred Income
other liabilities
provisions
187,576
552,005
348,718
55,949
53,917
83,159
144,112
145,090
92,525
total long term liabilities
1,562,050
2,637,266
1,574,671
144,285
136,335
99,830
281,975
200,871
410,527
714,844
723,978
1,063,709
1,250,967
total liabilities
5,557,567
5,725,893
3,138,861
2,469,024
2,932,491
915,070
2,087,563
1,391,823
1,638,973
1,453,692
1,689,987
1,754,902
3,407,594
3,203,762
2,523,739
net assets
5,395,592
5,406,436
5,809,530
4,811,121
3,884,278
5,741,323
4,182,803
3,169,798
2,441,542
1,970,410
2,247,018
2,160,964
1,056,473
362,853
219,659
total shareholders funds
5,395,592
5,406,436
5,809,530
4,811,121
3,884,278
5,741,323
4,182,803
3,169,798
2,441,542
1,970,410
2,247,018
2,160,964
1,056,473
362,853
219,659
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-324,457
-139,043
1,265,987
1,100,525
1,461,337
1,374,455
1,135,218
914,874
522,137
-256,749
137,680
970,415
930,768
296,303
321,998
Depreciation
581,469
515,515
402,546
190,067
72,655
61,564
212,153
221,372
253,795
221,843
220,043
216,535
214,051
172,406
41,236
Amortisation
408,845
451,119
486,259
374,447
343,243
6,000
12,000
12,000
12,000
12,000
6,000
Tax
364,429
-203,287
-206,166
-146,027
-138,803
-180,888
53,917
46,900
237,911
-193,638
-52,565
-92,525
Stock
-24,268
24,268
Debtors
690,570
3,001,270
75,926
-1,007,085
-2,704,438
369,033
1,961,019
685,505
819,558
-324,471
1,388,899
192,860
-395,719
620,978
1,167,238
Creditors
-198,404
-71,105
-42,561
-751,232
866,193
-209,473
90,196
84,590
105,534
15,665
-131,341
82,832
-201,433
334,622
143,124
Accruals and Deferred Income
826,808
761,772
-477,859
-185,393
762,093
-963,020
746,331
-30,638
101,332
-11,162
389,325
-126,547
361,203
-173,213
307,143
Deferred Taxes & Provisions
-364,429
203,287
292,769
55,949
-53,917
-29,242
-60,953
-978
52,565
92,525
Cash flow from operations
603,691
-1,483,012
1,645,049
1,645,421
6,071,156
-105,507
222,879
323,805
163,240
300,068
-743,534
1,139,333
1,541,960
-3,128
-347,737
Investing Activities
capital expenditure
-1,954
-1,433,632
-2,692,057
-1,242,051
-2,484,238
-10,214
5,624
-20,035
-5,880
-125,999
-43,812
-2,417
35,648
-157,600
-1,622,676
Change in Investments
cash flow from investments
-1,954
-1,433,632
-2,692,057
-1,242,051
-2,484,238
-10,214
5,624
-20,035
-5,880
-125,999
-43,812
-2,417
35,648
-157,600
-1,622,676
Financing Activities
Bank loans
Group/Directors Accounts
282,553
543,388
-590,807
463,693
210,203
-28,725
-1,658,052
559,167
779,390
348,220
Other Short Term Loans
Long term loans
-99,830
-141,188
241,018
-18,671
18,671
Hire Purchase and Lease Commitments
-714,854
1,149,690
1,488,295
-46,484
178,932
-40,957
-159,914
-262,603
-168,210
-283,603
110,028
-514,127
-208,074
1,527,460
other long term liabilities
share issue
-3,138,489
-74,480
4,704
-19,364
2
interest
-50,816
-60,764
-61,412
-27,655
-41,090
184,065
-47,733
-10,435
-51,005
-73,776
-79,162
-103,835
-43,510
-100,544
-9,816
cash flow from financing
-483,117
1,632,314
836,076
389,554
-2,790,444
184,065
-263,000
-306,833
-72,590
-260,657
-392,183
-1,651,859
1,530
470,772
1,865,866
cash and cash equivalents
cash
118,620
-1,284,330
-210,932
792,924
796,474
68,344
-34,497
-3,062
84,770
-86,588
-1,179,529
-514,943
1,579,138
204,777
720
overdraft
-105,267
105,267
change in cash
118,620
-1,284,330
-210,932
792,924
796,474
68,344
-34,497
-3,062
84,770
-86,588
-1,179,529
-514,943
1,579,138
310,044
-104,547
ipsum drainage (scotland) 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 ipsum drainage (scotland) limited. Get real-time insights into ipsum drainage (scotland) limited's credit score, group structure and payment trends.
Ipsum Drainage (scotland) Limited Competitor Analysis
Perform a competitor analysis for ipsum drainage (scotland) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in G52 area or any other competitors across 12 key performance metrics.
ipsum drainage (scotland) limited Ownership
IPSUM DRAINAGE (SCOTLAND) LIMITED group structure
Ipsum Drainage (Scotland) Limited has no subsidiary companies.
The sole shareholder of Ipsum Drainage (Scotland) Limited is Ipsum Infrastructure Limited.
ipsum infrastructure limited
100%
ipsum drainage (scotland) limited directors
Ipsum Drainage (Scotland) Limited currently has 3 directors.
The longest serving directors include
Mr Mark Kaney (May 2022) and
Mr Mathew Vaughan (Oct 2022).
2 watt road, hillington park, glasgow, scotland, G52 4RR
Bank
HSBC BANK PLC
Legal Advisor
DWF LLP
ipsum drainage (scotland) 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 9 charges/mortgages relating to ipsum drainage (scotland) limited. Currently there are 3 open charges and 6 have been satisfied in the past.
ipsum drainage (scotland) 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.
Click to start generating capital raising & share issue transactions for IPSUM DRAINAGE (SCOTLAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
ipsum drainage (scotland) limitedCompanies House Filings - See Documents
