pixel beach ltd

2.5

pixel beach ltd Company Information

Share PIXEL BEACH LTD
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Company Number

03954296

Registered Address

nautica house (ground floor), navigation business park, bolton, BL1 8SW

Industry

Other business support service activities n.e.c.

 

Computer consultancy activities

 
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Telephone

441183246500

Next Accounts Due

December 2024

Group Structure

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Directors

Jonathan Durrant19 Years

David Durrant16 Years

Shareholders

jonathan david durrant 50%

mr david john durrant 50%

pixel beach ltd Estimated Valuation

£94.9k

Pomanda estimates the enterprise value of PIXEL BEACH LTD at £94.9k based on a Turnover of £177.9k and 0.53x industry multiple (adjusted for size and gross margin).

pixel beach ltd Estimated Valuation

£46.7k

Pomanda estimates the enterprise value of PIXEL BEACH LTD at £46.7k based on an EBITDA of £11.4k and a 4.09x industry multiple (adjusted for size and gross margin).

pixel beach ltd Estimated Valuation

£16.7k

Pomanda estimates the enterprise value of PIXEL BEACH LTD at £16.7k based on Net Assets of £17.8k and 0.94x industry multiple (adjusted for liquidity).

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Pixel Beach Ltd Overview

Pixel Beach Ltd is a live company located in bolton, BL1 8SW with a Companies House number of 03954296. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in March 2000, it's largest shareholder is jonathan david durrant with a 50% stake. Pixel Beach Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £177.9k with healthy growth in recent years.

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Pixel Beach Ltd Health Check

Pomanda's financial health check has awarded Pixel Beach Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £177.9k, make it smaller than the average company (£3.4m)

£177.9k - Pixel Beach Ltd

£3.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (2.9%)

13% - Pixel Beach Ltd

2.9% - Industry AVG

production

Production

with a gross margin of 46.4%, this company has a comparable cost of product (46.4%)

46.4% - Pixel Beach Ltd

46.4% - Industry AVG

profitability

Profitability

an operating margin of 4.7% make it less profitable than the average company (6.9%)

4.7% - Pixel Beach Ltd

6.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Pixel Beach Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)

£41.9k - Pixel Beach Ltd

£41.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89k, this is less efficient (£123.9k)

£89k - Pixel Beach Ltd

£123.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is near the average (49 days)

56 days - Pixel Beach Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (42 days)

30 days - Pixel Beach Ltd

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pixel Beach Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (21 weeks)

40 weeks - Pixel Beach Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.2%, this is a higher level of debt than the average (60.6%)

67.2% - Pixel Beach Ltd

60.6% - Industry AVG

PIXEL BEACH LTD financials

EXPORTms excel logo

Pixel Beach Ltd's latest turnover from March 2023 is estimated at £177.9 thousand and the company has net assets of £17.8 thousand. According to their latest financial statements, Pixel Beach Ltd has 2 employees and maintains cash reserves of £16.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover177,934150,277140,704124,044193,937195,298125,158131,450100,88779,44167,72557,450106,788119,747
Other Income Or Grants00000000000000
Cost Of Sales95,44288,27578,38169,687104,46494,82865,67968,42951,60139,78832,04828,25451,32157,956
Gross Profit82,49162,00262,32354,35689,473100,47059,47963,02149,28539,65335,67729,19655,46761,790
Admin Expenses74,06559,73769,54552,80886,78379,82964,15172,50051,35528,78129,56736,66761,13944,266
Operating Profit8,4262,265-7,2221,5482,69020,641-4,672-9,479-2,07010,8726,110-7,471-5,67217,524
Interest Payable1,6321,42476300000000000
Interest Receivable87321520405312555622293413
Pre-Tax Profit7,6671,057-7,9641,5522,69020,647-4,669-9,467-2,01510,9296,132-7,442-5,63817,536
Tax-1,457-2010-295-511-3,923000-2,514-1,47200-4,910
Profit After Tax6,210856-7,9641,2572,17916,724-4,669-9,467-2,0158,4154,660-7,442-5,63812,626
Dividends Paid00000000000000
Retained Profit6,210856-7,9641,2572,17916,724-4,669-9,467-2,0158,4154,660-7,442-5,63812,626
Employee Costs83,755127,425119,34376,43078,44973,87478,97776,71039,35838,58038,08837,79338,33975,648
Number Of Employees23322222111112
EBITDA*11,4084,922-4,4091,5482,69020,641-2,709-9,47931012,7757,254-6,953-5,33218,340

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets9,4786,4534,5521,2953,2148441,9703,6323,9592,5531,9291,641251392
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets9,4786,4534,5521,2953,2148441,9703,6323,9592,5531,9291,641251392
Stock & work in progress00000000000000
Trade Debtors27,64511,14512,93124,79533,08536,89111,87821,81118,05712,49911,2429,35018,32322,301
Group Debtors00000000000000
Misc Debtors00000000000000
Cash16,82524,23533,2057,425002,17804,90217,0565,4273,2028,5365,033
misc current assets3990010000000000
total current assets44,86935,38046,13632,22133,08536,89114,05621,81122,95929,55516,66912,55226,85927,334
total assets54,34741,83350,68833,51636,29937,73516,02625,44326,91832,10818,59814,19327,11027,726
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 7,9553,9344,1664,11119,05424,04117,45622,20414,21217,38712,29212,54718,02213,000
Group/Directors Accounts01,4863,92300000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities13,8987,6056,83310,6750000000000
total current liabilities21,85313,02514,92214,78619,05424,04117,45622,20414,21217,38712,29212,54718,02213,000
loans14,66217,18625,00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00001,87250000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities14,66217,18625,00001,87250000000000
total liabilities36,51530,21139,92214,78620,92624,54117,45622,20414,21217,38712,29212,54718,02213,000
net assets17,83211,62210,76618,73015,37313,194-1,4303,23912,70614,7216,3061,6469,08814,726
total shareholders funds17,83211,62210,76618,73015,37313,194-1,4303,23912,70614,7216,3061,6469,08814,726
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit8,4262,265-7,2221,5482,69020,641-4,672-9,479-2,07010,8726,110-7,471-5,67217,524
Depreciation2,9822,6572,8130001,96302,3801,9031,144518340816
Amortisation00000000000000
Tax-1,457-2010-295-511-3,923000-2,514-1,47200-4,910
Stock00000000000000
Debtors16,500-1,786-11,864-8,290-3,80625,013-9,9333,7545,5581,2571,892-8,973-3,97822,301
Creditors4,021-23255-14,943-4,9876,585-4,7487,992-3,1755,095-255-5,4755,02213,000
Accruals and Deferred Income6,293772-3,8428,8031,37250000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations3,7657,0473,6683,4032,370-1,2102,476-5,241-8,42314,0993,635-3,4553,6684,129
Investing Activities
capital expenditure-6,007-4,558-6,0701,919-2,3701,126-301327-3,786-2,527-1,432-1,908-199-1,208
Change in Investments00000000000000
cash flow from investments-6,007-4,558-6,0701,919-2,3701,126-301327-3,786-2,527-1,432-1,908-199-1,208
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-1,486-2,4373,92300000000000
Other Short Term Loans 00000000000000
Long term loans-2,524-7,81425,00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0002,1000-2,10000000002,100
interest-759-1,209-743405312555622293413
cash flow from financing-4,769-11,46028,1802,1040-2,09531255562229342,113
cash and cash equivalents
cash-7,410-8,97025,7807,4250-2,1782,178-4,902-12,15411,6292,225-5,3343,5035,033
overdraft00000000000000
change in cash-7,410-8,97025,7807,4250-2,1782,178-4,902-12,15411,6292,225-5,3343,5035,033

pixel beach ltd 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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Pixel Beach Ltd Competitor Analysis

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competitor_analysis_table_img

Perform a competitor analysis for pixel beach ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BL1 area or any other competitors across 12 key performance metrics.

pixel beach ltd Ownership

PIXEL BEACH LTD group structure

Pixel Beach Ltd has no subsidiary companies.

Ultimate parent company

PIXEL BEACH LTD

03954296

PIXEL BEACH LTD Shareholders

jonathan david durrant 50%
mr david john durrant 50%

pixel beach ltd directors

Pixel Beach Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Durrant (May 2005) and Mr David Durrant (Apr 2008).

officercountryagestartendrole
Mr Jonathan Durrant42 years May 2005- Director
Mr David Durrant75 years Apr 2008- Director

P&L

March 2023

turnover

177.9k

+18%

operating profit

8.4k

0%

gross margin

46.4%

+12.37%

turnover

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

Balance Sheet

March 2023

net assets

17.8k

+0.53%

total assets

54.3k

+0.3%

cash

16.8k

-0.31%

net assets

Total assets minus all liabilities

pixel beach ltd company details

company number

03954296

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

62020 - Computer consultancy activities

74209 - Other photographic activities (not including portrait and other specialist photography and film processing) n.e.c.

incorporation date

March 2000

age

24

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

studentad limited (August 2001)

last accounts submitted

March 2023

address

nautica house (ground floor), navigation business park, bolton, BL1 8SW

accountant

MORE THAN ACCOUNTS LIMITED

auditor

-

pixel beach ltd 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 did not find charges/mortgages relating to pixel beach ltd.

charges

pixel beach ltd Companies House Filings - See Documents

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