strax (u.k.) limited
strax (u.k.) limited Company Information
Company Number
03827953
Website
www.strax.comRegistered Address
orega stockley park, 4 longwalk road, uxbridge, hayes, UB11 1FE
Industry
Wireless telecommunications activities
Telephone
01923852915
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
strax holding gmbh 100%
strax (u.k.) limited Estimated Valuation
Pomanda estimates the enterprise value of STRAX (U.K.) LIMITED at £1.9m based on a Turnover of £2.8m and 0.67x industry multiple (adjusted for size and gross margin).
strax (u.k.) limited Estimated Valuation
Pomanda estimates the enterprise value of STRAX (U.K.) LIMITED at £5.6m based on an EBITDA of £2.1m and a 2.6x industry multiple (adjusted for size and gross margin).
strax (u.k.) limited Estimated Valuation
Pomanda estimates the enterprise value of STRAX (U.K.) LIMITED at £3.8m based on Net Assets of £1.4m and 2.77x industry multiple (adjusted for liquidity).
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Strax (u.k.) Limited Overview
Strax (u.k.) Limited is a live company located in uxbridge, UB11 1FE with a Companies House number of 03827953. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in August 1999, it's largest shareholder is strax holding gmbh with a 100% stake. Strax (u.k.) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with declining growth in recent years.
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Strax (u.k.) Limited Health Check
Pomanda's financial health check has awarded Strax (U.K.) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£5.4m)
£2.8m - Strax (u.k.) Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (3.8%)
-42% - Strax (u.k.) Limited
3.8% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (39.2%)
23.6% - Strax (u.k.) Limited
39.2% - Industry AVG
Profitability
an operating margin of 74.9% make it more profitable than the average company (4.9%)
74.9% - Strax (u.k.) Limited
4.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (27)
6 - Strax (u.k.) Limited
27 - Industry AVG
Pay Structure
on an average salary of £73.1k, the company has an equivalent pay structure (£66.3k)
£73.1k - Strax (u.k.) Limited
£66.3k - Industry AVG
Efficiency
resulting in sales per employee of £472.8k, this is more efficient (£206.5k)
£472.8k - Strax (u.k.) Limited
£206.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (51 days)
19 days - Strax (u.k.) Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (44 days)
37 days - Strax (u.k.) Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 133 days, this is more than average (39 days)
133 days - Strax (u.k.) Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Strax (u.k.) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (64.7%)
95.4% - Strax (u.k.) Limited
64.7% - Industry AVG
STRAX (U.K.) LIMITED financials
Strax (U.K.) Limited's latest turnover from December 2022 is £2.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Strax (U.K.) Limited has 6 employees and maintains cash reserves of £139.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2,836,602 | 4,045,721 | 7,476,808 | 14,755,021 | 14,340,776 | 12,234,000 | 8,246,000 | 5,756,000 | 7,215,000 | 4,587,000 | 4,314,000 | 4,012,000 | 3,356,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 2,166,845 | 3,616,224 | 7,135,384 | 13,411,358 | 13,906,376 | 10,428,000 | 6,734,000 | 4,336,000 | 5,573,000 | 3,543,000 | 3,538,000 | 3,333,000 | 2,408,000 | |
| Gross Profit | 669,757 | 429,497 | 341,424 | 1,343,663 | 434,400 | 1,806,000 | 1,512,000 | 1,420,000 | 1,642,000 | 1,044,000 | 776,000 | 679,000 | 948,000 | |
| Admin Expenses | -1,456,031 | 942,252 | 621,624 | 982,044 | 736,900 | 1,720,000 | 1,519,000 | 1,597,000 | 1,158,000 | 832,000 | 669,000 | 557,000 | 709,000 | |
| Operating Profit | 2,125,788 | -512,755 | -280,200 | 361,619 | -302,500 | 86,000 | -7,000 | -177,000 | 484,000 | 212,000 | 107,000 | 122,000 | 239,000 | |
| Interest Payable | 119,970 | 4,113 | 115,317 | 339,778 | 198,642 | 146,000 | 72,000 | 52,000 | 84,000 | 63,000 | 63,000 | 64,000 | 62,000 | |
| Interest Receivable | 73 | 0 | 433 | 214 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | |
| Pre-Tax Profit | 2,005,891 | -516,868 | -395,084 | 22,055 | -501,142 | -60,000 | 1,000 | -229,000 | 400,000 | 149,000 | 46,000 | 58,000 | 177,000 | |
| Tax | -158,566 | 0 | 0 | 0 | 33,570 | 5,000 | 8,000 | 22,000 | -115,000 | -54,000 | -34,000 | 174,000 | -12,000 | |
| Profit After Tax | 1,847,325 | -516,868 | -395,084 | 22,055 | -467,572 | -55,000 | 9,000 | -207,000 | 285,000 | 95,000 | 12,000 | 232,000 | 165,000 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 1,847,325 | -516,868 | -395,084 | 22,055 | -467,572 | -55,000 | 9,000 | -207,000 | 285,000 | 95,000 | 12,000 | 232,000 | 165,000 | |
| Employee Costs | 438,882 | 823,405 | 433,476 | 578,897 | 567,609 | 877,000 | 697,000 | 801,000 | 626,000 | 452,000 | 358,000 | 374,000 | 441,000 | |
| Number Of Employees | 6 | 9 | 8 | 14 | 14 | 11 | 11 | 9 | 12 | 9 | 6 | 6 | 5 | 6 |
| EBITDA* | 2,138,720 | -493,917 | -259,469 | 386,601 | -266,577 | 107,000 | 29,000 | -144,000 | 513,000 | 240,000 | 124,000 | 152,000 | 282,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 14,474 | 27,406 | 79,385 | 43,757 | 49,990 | 62,580 | 80,000 | 49,000 | 71,000 | 52,000 | 76,000 | 96,000 | 107,000 | 125,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,474 | 27,406 | 79,385 | 43,757 | 49,990 | 62,580 | 80,000 | 51,000 | 73,000 | 54,000 | 78,000 | 98,000 | 109,000 | 127,000 |
| Stock & work in progress | 793,181 | 369,608 | 899,695 | 1,701,603 | 1,876,026 | 691,307 | 695,000 | 486,000 | 253,000 | 147,000 | 3,000 | 7,000 | 20,000 | 6,000 |
| Trade Debtors | 152,047 | 326,007 | 635,156 | 3,906,128 | 5,928,732 | 2,036,747 | 1,955,000 | 2,636,000 | 1,437,000 | 3,044,000 | 400,000 | 672,000 | 468,000 | 611,000 |
| Group Debtors | 28,220,029 | 12,689,395 | 801,761 | 859,450 | 0 | 0 | 2,544,000 | 321,000 | 57,000 | 39,000 | 49,000 | 45,000 | 84,000 | 4,000 |
| Misc Debtors | 70,670 | 230,273 | 224,496 | 382,719 | 964,981 | 197,733 | 221,000 | 169,000 | 357,000 | 127,000 | 222,000 | 268,000 | 311,000 | 139,000 |
| Cash | 139,085 | 239,786 | 388,224 | 1,003,313 | 849,520 | 1,156,715 | 1,147,000 | 1,427,000 | 1,155,000 | 1,692,000 | 712,000 | 264,000 | 401,000 | 111,000 |
| misc current assets | 675 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,375,687 | 13,855,069 | 2,949,332 | 7,853,213 | 9,619,259 | 4,082,502 | 6,562,000 | 5,039,000 | 3,259,000 | 5,049,000 | 1,386,000 | 1,256,000 | 1,284,000 | 871,000 |
| total assets | 29,390,161 | 13,882,475 | 3,028,717 | 7,896,970 | 9,669,249 | 4,145,082 | 6,642,000 | 5,090,000 | 3,332,000 | 5,103,000 | 1,464,000 | 1,354,000 | 1,393,000 | 998,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 221,705 | 266,773 | 1,073,386 | 108,342 | 1,698,433 | 404,269 | 278,000 | 618,000 | 272,000 | 388,000 | 30,000 | 39,000 | 40,000 | 45,000 |
| Group/Directors Accounts | 27,467,670 | 13,881,010 | 1,642,008 | 5,378,840 | 4,444,767 | 2,281,122 | 4,853,000 | 3,170,000 | 2,147,000 | 3,386,000 | 934,000 | 843,000 | 938,000 | 391,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 334,647 | 215,878 | 277,641 | 1,979,022 | 3,117,338 | 583,408 | 1,050,000 | 786,000 | 406,000 | 615,000 | 71,000 | 138,000 | 93,000 | 472,000 |
| total current liabilities | 28,024,022 | 14,363,661 | 2,993,035 | 7,466,204 | 9,260,538 | 3,268,799 | 6,181,000 | 4,574,000 | 2,825,000 | 4,389,000 | 1,035,000 | 1,020,000 | 1,071,000 | 908,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 28,024,022 | 14,363,661 | 2,993,035 | 7,466,204 | 9,260,538 | 3,268,799 | 6,181,000 | 4,574,000 | 2,825,000 | 4,389,000 | 1,035,000 | 1,020,000 | 1,071,000 | 908,000 |
| net assets | 1,366,139 | -481,186 | 35,682 | 430,766 | 408,711 | 876,283 | 461,000 | 516,000 | 507,000 | 714,000 | 429,000 | 334,000 | 322,000 | 90,000 |
| total shareholders funds | 1,366,139 | -481,186 | 35,682 | 430,766 | 408,711 | 876,283 | 461,000 | 516,000 | 507,000 | 714,000 | 429,000 | 334,000 | 322,000 | 90,000 |
| 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 | 2,125,788 | -512,755 | -280,200 | 361,619 | -302,500 | 86,000 | -7,000 | -177,000 | 484,000 | 212,000 | 107,000 | 122,000 | 239,000 | |
| Depreciation | 12,932 | 18,838 | 20,731 | 24,982 | 35,923 | 21,000 | 36,000 | 33,000 | 29,000 | 28,000 | 17,000 | 30,000 | 43,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -158,566 | 0 | 0 | 0 | 33,570 | 5,000 | 8,000 | 22,000 | -115,000 | -54,000 | -34,000 | 174,000 | -12,000 | |
| Stock | 423,573 | -530,087 | -801,908 | -174,423 | 1,184,719 | -3,693 | 209,000 | 233,000 | 106,000 | 144,000 | -4,000 | -13,000 | 14,000 | 6,000 |
| Debtors | 15,197,071 | 11,584,262 | -3,486,884 | -1,745,416 | 4,659,233 | -2,485,520 | 1,594,000 | 1,275,000 | -1,359,000 | 2,539,000 | -314,000 | 122,000 | 109,000 | 754,000 |
| Creditors | -45,068 | -806,613 | 965,044 | -1,590,091 | 1,294,164 | 126,269 | -340,000 | 346,000 | -116,000 | 358,000 | -9,000 | -1,000 | -5,000 | 45,000 |
| Accruals and Deferred Income | 118,769 | -61,763 | -1,701,381 | -1,138,316 | 2,533,930 | -466,592 | 264,000 | 380,000 | -209,000 | 544,000 | -67,000 | 45,000 | -379,000 | 472,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -13,566,789 | -12,416,468 | 3,292,986 | -421,967 | -2,248,865 | -1,767,000 | -745,000 | 806,000 | -1,383,000 | 428,000 | 25,000 | -181,000 | 27,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 13,586,660 | 12,239,002 | -3,736,832 | 934,073 | 2,163,645 | -2,571,878 | 1,683,000 | 1,023,000 | -1,239,000 | 2,452,000 | 91,000 | -95,000 | 547,000 | 391,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -119,897 | -4,113 | -114,884 | -339,564 | -198,642 | -146,000 | -72,000 | -52,000 | -84,000 | -63,000 | -61,000 | -64,000 | -62,000 | |
| cash flow from financing | 13,466,763 | 12,234,889 | -3,851,716 | 594,509 | 1,965,003 | 1,537,000 | 951,000 | -1,291,000 | 2,368,000 | 28,000 | -156,000 | 483,000 | 254,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | -100,701 | -148,438 | -615,089 | 153,793 | -307,195 | 9,715 | -280,000 | 272,000 | -537,000 | 980,000 | 448,000 | -137,000 | 290,000 | 111,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -100,701 | -148,438 | -615,089 | 153,793 | -307,195 | 9,715 | -280,000 | 272,000 | -537,000 | 980,000 | 448,000 | -137,000 | 290,000 | 111,000 |
strax (u.k.) limited Credit Report and Business Information
Strax (u.k.) Limited Competitor Analysis
Perform a competitor analysis for strax (u.k.) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
strax (u.k.) limited Ownership
STRAX (U.K.) LIMITED group structure
Strax (U.K.) Limited has no subsidiary companies.
Ultimate parent company
STRAX AB
#0072658
STRAX HOLDING GMBH
#0033891
2 parents
STRAX (U.K.) LIMITED
03827953
strax (u.k.) limited directors
Strax (U.K.) Limited currently has 2 directors. The longest serving directors include Ingvi Tomasson (Aug 2001) and Mr Gudmundur Palmason (Dec 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ingvi Tomasson | United States | 56 years | Aug 2001 | - | Director |
| Mr Gudmundur Palmason | 210 Iceland | 56 years | Dec 2008 | - | Director |
P&L
December 2022turnover
2.8m
-30%
operating profit
2.1m
-515%
gross margin
23.7%
+122.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.4m
-3.84%
total assets
29.4m
+1.12%
cash
139.1k
-0.42%
net assets
Total assets minus all liabilities
strax (u.k.) limited company details
company number
03827953
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
incorporation date
August 1999
age
25
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
orega stockley park, 4 longwalk road, uxbridge, hayes, UB11 1FE
last accounts submitted
December 2022
strax (u.k.) 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 12 charges/mortgages relating to strax (u.k.) limited. Currently there are 1 open charges and 11 have been satisfied in the past.
strax (u.k.) limited Companies House Filings - See Documents
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