ix consulting limited

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ix consulting limited Company Information

Share IX CONSULTING LIMITED

Company Number

03908304

Directors

Jonathan Heap

Shareholders

jonathan heap

Group Structure

View All

Industry

Real estate agencies

 

Registered Address

belstone upper warren avenue, caversham, reading, RG4 7EB

ix consulting limited Estimated Valuation

£223.3k

Pomanda estimates the enterprise value of IX CONSULTING LIMITED at £223.3k based on a Turnover of £151.8k and 1.47x industry multiple (adjusted for size and gross margin).

ix consulting limited Estimated Valuation

£101.3k

Pomanda estimates the enterprise value of IX CONSULTING LIMITED at £101.3k based on an EBITDA of £21.6k and a 4.69x industry multiple (adjusted for size and gross margin).

ix consulting limited Estimated Valuation

£53.9k

Pomanda estimates the enterprise value of IX CONSULTING LIMITED at £53.9k based on Net Assets of £26.8k and 2.02x industry multiple (adjusted for liquidity).

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Ix Consulting Limited Overview

Ix Consulting Limited is a live company located in reading, RG4 7EB with a Companies House number of 03908304. It operates in the real estate agencies sector, SIC Code 68310. Founded in January 2000, it's largest shareholder is jonathan heap with a 100% stake. Ix Consulting Limited is a mature, micro sized company, Pomanda has estimated its turnover at £151.8k with declining growth in recent years.

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Ix Consulting Limited Health Check

Pomanda's financial health check has awarded Ix Consulting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £151.8k, make it smaller than the average company (£487.4k)

£151.8k - Ix Consulting Limited

£487.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.5%)

-5% - Ix Consulting Limited

6.5% - Industry AVG

production

Production

with a gross margin of 39.4%, this company has a higher cost of product (85.9%)

39.4% - Ix Consulting Limited

85.9% - Industry AVG

profitability

Profitability

an operating margin of 14.2% make it more profitable than the average company (5.3%)

14.2% - Ix Consulting Limited

5.3% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (12)

4 - Ix Consulting Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)

£39.9k - Ix Consulting Limited

£39.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £37.9k, this is less efficient (£81.4k)

£37.9k - Ix Consulting Limited

£81.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (42 days)

70 days - Ix Consulting Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 196 days, this is slower than average (40 days)

196 days - Ix Consulting Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ix Consulting Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ix Consulting Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65%, this is a higher level of debt than the average (54.3%)

65% - Ix Consulting Limited

54.3% - Industry AVG

IX CONSULTING LIMITED financials

EXPORTms excel logo

Ix Consulting Limited's latest turnover from March 2024 is estimated at £151.8 thousand and the company has net assets of £26.8 thousand. According to their latest financial statements, Ix Consulting Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover151,78796,829104,410176,813160,524213,577309,90657,925184,17644,24429,349146,086130,055154,009230,123
Other Income Or Grants
Cost Of Sales91,98255,27252,12498,14388,875117,939158,76724,87671,90716,33412,58765,15358,76271,071119,504
Gross Profit59,80541,55752,28778,67071,64895,638151,13933,049112,26927,91116,76280,93371,29482,939110,619
Admin Expenses38,19636,46855,39372,291103,828147,70295,65619,30693,08910,38520,82890,88089,42694,41245,655
Operating Profit21,6095,089-3,1066,379-32,180-52,06455,48313,74319,18017,526-4,066-9,947-18,132-11,47364,964
Interest Payable
Interest Receivable13794914114206
Pre-Tax Profit21,6095,089-3,1066,379-32,180-52,06455,62013,83619,27117,567-4,052-9,927-18,126-11,47364,964
Tax-5,402-967-1,212-10,568-2,767-3,854-3,689-18,190
Profit After Tax16,2074,122-3,1065,167-32,180-52,06445,05211,06915,41713,878-4,052-9,927-18,126-11,47346,774
Dividends Paid
Retained Profit16,2074,122-3,1065,167-32,180-52,06445,05211,06915,41713,878-4,052-9,927-18,126-11,47346,774
Employee Costs159,606118,233121,615112,81677,18079,154106,09836,10873,53837,81237,06267,43664,05068,80899,817
Number Of Employees433322312112223
EBITDA*21,6095,089-3,1066,379-32,180-52,06455,48316,25521,10219,158-2,541-8,010-16,175-9,43266,725

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets46,96134,35030,98929,94537,19138,68632,29829,83728,06827,19726,87528,11128,17128,42327,582
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets46,96134,35030,98929,94537,19138,68632,29829,83728,06827,19726,87528,11128,17128,42327,582
Stock & work in progress
Trade Debtors29,44112,37117,63460,54259,57067,163105,66415,45930,6347,5234,61223,59822,11426,04036,663
Group Debtors
Misc Debtors
Cash54,76120,06016,286105,7162,196277
misc current assets
total current assets29,44112,37117,63460,54259,57067,163105,66470,22050,69423,8094,62229,31424,31026,06736,670
total assets76,40246,72148,62390,48796,761105,849137,962100,05778,76251,00631,49757,42552,48154,49064,252
Bank overdraft
Bank loan
Trade Creditors 49,64436,17042,19480,95288,54569,30149,34856,49528,29950,17535,30419,18717,476
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities49,64436,17042,19480,95288,54569,30149,34856,49528,29950,17535,30419,18717,476
loans
hp & lease commitments
Accruals and Deferred Income3,848
other liabilities46,26933,930
provisions
total long term liabilities3,84846,26933,930
total liabilities49,64436,17042,19480,95292,39369,30149,34856,49546,26933,93028,29950,17535,30419,18717,476
net assets26,75810,5516,4299,5354,36836,54888,61443,56232,49317,0763,1987,25017,17735,30346,776
total shareholders funds26,75810,5516,4299,5354,36836,54888,61443,56232,49317,0763,1987,25017,17735,30346,776
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit21,6095,089-3,1066,379-32,180-52,06455,48313,74319,18017,526-4,066-9,947-18,132-11,47364,964
Depreciation2,5121,9221,6321,5251,9371,9572,0411,761
Amortisation
Tax-5,402-967-1,212-10,568-2,767-3,854-3,689-18,190
Stock
Debtors17,070-5,263-42,908972-7,593-38,50190,205-15,17523,1112,911-18,9861,484-3,926-10,62336,663
Creditors13,474-6,024-38,758-7,59319,24419,953-7,14756,495-28,299-21,87614,87116,1171,71117,476
Accruals and Deferred Income-3,8483,848
Deferred Taxes & Provisions
Cash flow from operations12,6113,3611,044-7,246-1,4956,390-52,43785,158-5,863-15,741-5,4315,3773,8682,90229,348
Investing Activities
capital expenditure-12,611-3,361-1,0447,2461,495-6,388-2,461-4,281-2,793-1,954-289-1,877-1,705-2,882-29,343
Change in Investments
cash flow from investments-12,611-3,361-1,0447,2461,495-6,388-2,461-4,281-2,793-1,954-289-1,877-1,705-2,882-29,343
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-46,26912,33933,930
share issue-22
interest13794914114206
cash flow from financing-2137-46,17512,43033,971142062
cash and cash equivalents
cash-54,76134,7013,77416,276-5,7063,5202,169207
overdraft
change in cash-54,76134,7013,77416,276-5,7063,5202,169207

ix consulting limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ix Consulting Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ix consulting limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG4 area or any other competitors across 12 key performance metrics.

ix consulting limited Ownership

IX CONSULTING LIMITED group structure

Ix Consulting Limited has no subsidiary companies.

Ultimate parent company

IX CONSULTING LIMITED

03908304

IX CONSULTING LIMITED Shareholders

jonathan heap 100%

ix consulting limited directors

Ix Consulting Limited currently has 1 director, Mr Jonathan Heap serving since Mar 2001.

officercountryagestartendrole
Mr Jonathan HeapEngland53 years Mar 2001- Director

P&L

March 2024

turnover

151.8k

+57%

operating profit

21.6k

0%

gross margin

39.5%

-8.2%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

26.8k

+1.54%

total assets

76.4k

+0.64%

cash

0

0%

net assets

Total assets minus all liabilities

ix consulting limited company details

company number

03908304

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

January 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

www.locatein.com limited (February 2001)

www.thesquawk.com limited (April 2000)

accountant

-

auditor

-

address

belstone upper warren avenue, caversham, reading, RG4 7EB

Bank

-

Legal Advisor

-

ix consulting 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 2 charges/mortgages relating to ix consulting limited. Currently there are 2 open charges and 0 have been satisfied in the past.

ix consulting 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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ix consulting limited Companies House Filings - See Documents

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