BIC INNOVATION LTD
UnknownCompany number05092027
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
97%Top 3 buyers account for 97% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
54%Largest buyer (Devon County Council) represents 54% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
2 in 24mo2 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
3 in 24mo3 new buying relationships in last 24 months
Buyer breakdown10 buyers
Total buyers10
Top 5 concentration100%
Returning buyers7
New buyers (24 mo)3
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£924k
Contracts12
Buyers10
Contract patterns
Avg contract value£77k
Avg duration2yr 9mo
Renewal rate20%
Total contracts12
Awards by year
12016£500k
12017£3k
12022£242k
12024£28k
22026£150k