Pomanda estimates the enterprise value of LOXIT LIMITED at £890.8k based on a Turnover of £3.5m and 0.25x industry multiple (adjusted for size and gross margin).
loxit limitedEstimated Valuation
£195.2k
Pomanda estimates the enterprise value of LOXIT LIMITED at £195.2k based on an EBITDA of £67k and a 2.91x industry multiple (adjusted for size and gross margin).
loxit limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of LOXIT LIMITED at £1.4m based on Net Assets of £793k and 1.76x industry multiple (adjusted for liquidity).
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Loxit LimitedOverview
Loxit Limited is a live company located in poynton, SK12 1YJ with a Companies House number of 03162472. It operates in the retail sale of computers, peripheral units and software in specialised stores sector, SIC Code 47410. Founded in February 1996, it's largest shareholder is
galene holdings ltd
with a 100% stake. Loxit Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Loxit Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £3.8m, make it larger than the average company (£194.9k)
£3.8m - Loxit Limited
£194.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.7%)
14% - Loxit Limited
2.7% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
24.5% - Loxit Limited
24.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.2%)
0.7% - Loxit Limited
3.2% - Industry AVG
Employees
with 15 employees, this is above the industry average (3)
15 - Loxit Limited
3 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£18.9k)
£18.9k - Loxit Limited
£18.9k - Industry AVG
Efficiency
resulting in sales per employee of £251.7k, this is more efficient (£89.2k)
£251.7k - Loxit Limited
£89.2k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (48 days)
42 days - Loxit Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (37 days)
30 days - Loxit Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 99 days, this is more than average (23 days)
99 days - Loxit Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (13 weeks)
27 weeks - Loxit Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.2%, this is a lower level of debt than the average (66.6%)
54.2% - Loxit Limited
66.6% - Industry AVG
LOXIT LIMITED financials
EXPORT
Loxit Limited's latest turnover from December 2023 is estimated at £3.5 million and the company has net assets of £793 thousand. According to their latest financial statements, Loxit Limited has 13 employees and maintains cash reserves of £334.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
3,515,556
3,775,093
3,877,055
2,443,797
2,567,478
2,392,999
2,760,543
3,168,889
2,382,902
5,210,476
4,379,075
4,180,570
3,945,208
4,916,337
6,914,114
Other Income Or Grants
Cost Of Sales
2,765,501
2,850,495
2,894,701
1,685,338
1,823,081
1,585,801
1,949,330
2,307,288
1,630,153
3,375,885
2,858,391
2,832,842
2,579,432
3,232,867
4,097,948
Gross Profit
750,055
924,598
982,355
758,458
744,398
807,199
811,213
861,601
752,748
1,834,592
1,520,684
1,347,728
1,365,776
1,683,470
2,816,166
Admin Expenses
699,548
896,981
966,410
736,531
737,141
775,148
743,956
812,917
699,353
1,793,392
1,470,148
1,310,751
1,304,041
1,613,889
2,312,425
Operating Profit
50,507
27,617
15,945
21,927
7,257
32,051
67,257
48,684
53,395
41,200
50,536
36,977
61,735
69,581
503,741
Interest Payable
19,500
20,842
16,425
12,200
Interest Receivable
20,873
17,241
4,780
533
280
2,084
912
337
1,746
2,318
1,454
1,060
1,421
1,904
1,041
Pre-Tax Profit
51,880
24,016
4,300
10,260
7,537
34,135
68,169
49,021
55,141
43,518
51,990
38,037
63,157
71,485
504,782
Tax
-12,970
-4,563
-817
-1,949
-1,432
-6,486
-12,952
-9,804
-11,028
-9,139
-11,958
-9,129
-16,421
-20,016
-141,339
Profit After Tax
38,910
19,453
3,483
8,311
6,105
27,649
55,217
39,217
44,113
34,379
40,032
28,908
46,736
51,469
363,443
Dividends Paid
Retained Profit
38,910
19,453
3,483
8,311
6,105
27,649
55,217
39,217
44,113
34,379
40,032
28,908
46,736
51,469
363,443
Employee Costs
320,011
283,785
270,639
237,538
204,810
280,448
406,626
386,915
290,174
576,793
437,007
392,723
379,646
776,885
1,219,531
Number Of Employees
13
15
14
15
16
13
18
17
13
27
24
22
21
32
60
EBITDA*
67,041
45,758
35,101
40,226
26,562
52,170
88,056
68,166
70,763
58,413
61,288
44,488
69,747
75,707
508,737
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
157,959
105,772
119,715
127,849
127,737
132,440
146,106
160,279
154,589
160,199
57,541
50,071
31,876
37,506
14,270
Intangible Assets
348
1,650
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
157,959
105,772
119,715
127,849
127,737
132,440
146,106
160,279
154,589
160,199
57,541
50,071
31,876
37,854
15,920
Stock & work in progress
704,796
774,299
733,871
461,027
543,225
355,288
386,756
467,656
423,459
417,125
353,145
325,361
312,194
355,595
286,595
Trade Debtors
243,048
437,764
447,892
503,221
335,731
412,679
361,870
407,762
303,487
392,915
391,148
358,274
344,730
421,089
448,026
Group Debtors
32,346
194
Misc Debtors
28,878
20,805
11,449
19,116
30,047
24,195
26,652
21,893
17,582
Cash
334,622
350,795
460,536
814,157
252,220
308,383
247,327
117,401
152,416
546,174
381,092
200,424
223,443
345,129
416,349
misc current assets
total current assets
1,311,344
1,583,663
1,686,094
1,797,521
1,161,223
1,100,545
1,022,605
1,014,712
897,138
1,356,214
1,125,385
884,059
880,367
1,121,813
1,150,970
total assets
1,469,303
1,689,435
1,805,809
1,925,370
1,288,960
1,232,985
1,168,711
1,174,991
1,051,727
1,516,413
1,182,926
934,130
912,243
1,159,667
1,166,890
Bank overdraft
80,000
80,000
80,000
6,756
Bank loan
Trade Creditors
202,719
235,068
457,235
307,604
239,491
239,243
224,351
213,484
243,090
845,763
638,485
431,545
441,286
734,687
797,552
Group/Directors Accounts
63,647
162,269
259,182
217,672
100,195
50,587
125,923
other short term finances
hp & lease commitments
7,834
22,609
21,043
19,478
other current liabilities
112,379
174,188
173,476
184,876
66,561
125,840
128,626
100,597
94,746
total current liabilities
458,745
651,525
710,711
758,418
523,724
473,112
426,173
461,047
357,314
845,763
638,485
431,545
441,286
734,687
797,552
loans
180,000
240,000
6,667
393,245
hp & lease commitments
7,884
30,493
51,536
Accruals and Deferred Income
other liabilities
313,333
71,014
provisions
37,586
24,395
21,036
23,128
22,968
23,710
26,140
30,154
28,797
29,669
8,853
7,029
4,309
5,068
895
total long term liabilities
217,586
264,395
341,036
416,373
22,968
23,710
34,024
60,647
80,333
100,683
8,853
7,029
4,309
5,068
895
total liabilities
676,331
915,920
1,051,747
1,174,791
546,692
496,822
460,197
521,694
437,647
946,446
647,338
438,574
445,595
739,755
798,447
net assets
792,972
773,515
754,062
750,579
742,268
736,163
708,514
653,297
614,080
569,967
535,588
495,556
466,648
419,912
368,443
total shareholders funds
792,972
773,515
754,062
750,579
742,268
736,163
708,514
653,297
614,080
569,967
535,588
495,556
466,648
419,912
368,443
Dec 2023
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
50,507
27,617
15,945
21,927
7,257
32,051
67,257
48,684
53,395
41,200
50,536
36,977
61,735
69,581
503,741
Depreciation
16,534
18,141
19,156
18,299
19,305
20,119
20,799
19,482
17,368
17,213
10,752
7,511
7,664
6,126
4,996
Amortisation
348
Tax
-12,970
-4,563
-817
-1,949
-1,432
-6,486
-12,952
-9,804
-11,028
-9,139
-11,958
-9,129
-16,421
-20,016
-141,339
Stock
-29,075
40,428
272,844
-82,198
187,937
-31,468
-80,900
44,197
6,334
63,980
27,784
13,167
-43,401
69,000
286,595
Debtors
-219,761
-33,118
-30,650
156,559
-71,096
48,352
-41,133
108,392
-71,652
1,767
32,874
13,544
-76,359
-26,937
448,026
Creditors
-254,516
-222,167
149,631
68,113
248
14,892
10,867
-29,606
-602,673
207,278
206,940
-9,741
-293,401
-62,865
797,552
Accruals and Deferred Income
-61,097
712
-11,400
118,315
-59,279
-2,786
28,029
5,851
94,746
Deferred Taxes & Provisions
16,550
3,359
-2,092
160
-742
-2,430
-4,014
1,357
-872
20,816
1,824
2,720
-759
4,173
895
Cash flow from operations
3,844
-184,211
-71,771
150,504
-151,484
38,476
232,019
-116,625
-383,746
211,621
197,436
1,627
-121,074
-45,064
431,224
Investing Activities
capital expenditure
-54,778
-4,198
-11,022
-18,411
-14,602
-6,453
-6,626
-25,172
-11,758
-119,871
-18,222
-25,706
-2,034
-28,060
-20,916
Change in Investments
cash flow from investments
-54,778
-4,198
-11,022
-18,411
-14,602
-6,453
-6,626
-25,172
-11,758
-119,871
-18,222
-25,706
-2,034
-28,060
-20,916
Financing Activities
Bank loans
Group/Directors Accounts
63,647
162,269
-259,182
41,510
117,477
49,608
-75,336
125,923
Other Short Term Loans
Long term loans
173,333
233,333
-386,578
393,245
Hire Purchase and Lease Commitments
-7,834
-22,659
-21,043
-19,478
71,014
other long term liabilities
-313,333
-313,333
313,333
-71,014
71,014
share issue
5,000
interest
1,373
-3,601
-11,645
-11,667
280
2,084
912
337
1,746
2,318
1,454
1,060
1,421
1,904
1,041
cash flow from financing
-74,980
78,668
-344,072
423,088
109,923
29,033
-95,467
106,782
1,746
73,332
1,454
1,060
1,421
1,904
6,041
cash and cash equivalents
cash
-125,914
-109,741
-353,621
561,937
-56,163
61,056
129,926
-35,015
-393,758
165,082
180,668
-23,019
-121,686
-71,220
416,349
overdraft
73,244
6,756
change in cash
-125,914
-109,741
-426,865
555,181
-56,163
61,056
129,926
-35,015
-393,758
165,082
180,668
-23,019
-121,686
-71,220
416,349
loxit 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 loxit limited. Get real-time insights into loxit limited's credit score, group structure and payment trends.
Perform a competitor analysis for loxit limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK12 area or any other competitors across 12 key performance metrics.
first avenue, poynton industrial estate, poynton, cheshire, SK12 1YJ
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loxit 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 1 charges/mortgages relating to loxit limited. Currently there are 1 open charges and 0 have been satisfied in the past.
loxit 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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loxit limitedCompanies House Filings - See Documents
