praxis n16 limited Company Information
Company Number
04060850
Next Accounts
May 2025
Industry
Operation of arts facilities
Artistic creation
Shareholders
mark littlefair
benjamin trevelyan jenkins smith
View AllGroup Structure
View All
Contact
Registered Address
the old workshop, 1 ecclesall road south, sheffield, S11 9PA
praxis n16 limited Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS N16 LIMITED at £29.9k based on a Turnover of £101.9k and 0.29x industry multiple (adjusted for size and gross margin).
praxis n16 limited Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS N16 LIMITED at £0 based on an EBITDA of £-1.2k and a 1.72x industry multiple (adjusted for size and gross margin).
praxis n16 limited Estimated Valuation
Pomanda estimates the enterprise value of PRAXIS N16 LIMITED at £103 based on Net Assets of £45 and 2.31x industry multiple (adjusted for liquidity).
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Praxis N16 Limited Overview
Praxis N16 Limited is a live company located in sheffield, S11 9PA with a Companies House number of 04060850. It operates in the artistic creation sector, SIC Code 90030. Founded in August 2000, it's largest shareholder is mark littlefair with a 25% stake. Praxis N16 Limited is a mature, micro sized company, Pomanda has estimated its turnover at £101.9k with declining growth in recent years.
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Praxis N16 Limited Health Check
Pomanda's financial health check has awarded Praxis N16 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £101.9k, make it smaller than the average company (£351.9k)
- Praxis N16 Limited
£351.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (4.3%)
- Praxis N16 Limited
4.3% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (52.4%)
- Praxis N16 Limited
52.4% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5.7%)
- Praxis N16 Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Praxis N16 Limited
8 - Industry AVG
Pay Structure
on an average salary of £23.2k, the company has an equivalent pay structure (£23.2k)
- Praxis N16 Limited
£23.2k - Industry AVG
Efficiency
resulting in sales per employee of £101.9k, this is more efficient (£64.9k)
- Praxis N16 Limited
£64.9k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (12 days)
- Praxis N16 Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (28 days)
- Praxis N16 Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Praxis N16 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Praxis N16 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (26.7%)
99.8% - Praxis N16 Limited
26.7% - Industry AVG
PRAXIS N16 LIMITED financials
Praxis N16 Limited's latest turnover from August 2023 is estimated at £101.9 thousand and the company has net assets of £45. According to their latest financial statements, Praxis N16 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 41,957 | 42,837 | |||||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||||
Cost Of Sales | 1,231 | 743 | |||||||||||||
Gross Profit | 40,726 | 42,094 | |||||||||||||
Admin Expenses | 42,062 | 38,919 | |||||||||||||
Operating Profit | -1,336 | 3,175 | |||||||||||||
Interest Payable | 0 | 8 | |||||||||||||
Interest Receivable | 4 | 6 | |||||||||||||
Pre-Tax Profit | -1,332 | 3,181 | |||||||||||||
Tax | 0 | -1 | |||||||||||||
Profit After Tax | -1,332 | 3,180 | |||||||||||||
Dividends Paid | 0 | 0 | |||||||||||||
Retained Profit | -1,332 | 3,180 | |||||||||||||
Employee Costs | 0 | 0 | |||||||||||||
Number Of Employees | 1 | 3 | 3 | ||||||||||||
EBITDA* | -1,336 | 3,175 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,258 | 1,645 | 329 | 388 | 456 | 537 | 318 | 376 | 443 | 155 | 200 | 353 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,258 | 1,645 | 329 | 388 | 456 | 537 | 318 | 376 | 443 | 155 | 200 | 353 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 18,451 | 20,072 | 45,782 | 48,053 | 14,577 | 13,658 | 13,547 | 14,201 | 3,978 | 4,768 | 1,198 | 407 | 460 | 0 | 65 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 791 | 1,367 | 934 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,679 | 11,170 | 8,090 | 3,352 | 6,724 | 3,099 | 5,203 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138 |
total current assets | 18,451 | 20,072 | 45,782 | 48,053 | 14,577 | 13,658 | 13,547 | 14,201 | 17,657 | 15,938 | 9,288 | 4,550 | 8,551 | 4,033 | 5,406 |
total assets | 20,709 | 21,717 | 46,111 | 48,441 | 15,033 | 14,195 | 13,865 | 14,577 | 18,100 | 16,093 | 9,488 | 4,903 | 8,551 | 4,033 | 5,406 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 16,846 | 14,479 | 24,211 | 28,700 | 16,947 | 17,087 | 17,332 | 8,265 | 18,564 | 18,479 | 11,240 | 10,024 | 160 | 0 | 2,648 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,088 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41 |
total current liabilities | 16,846 | 14,479 | 24,211 | 28,700 | 16,947 | 17,087 | 17,332 | 8,265 | 18,564 | 18,479 | 11,240 | 10,024 | 160 | 0 | 9,777 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,088 | 0 |
hp & lease commitments | 0 | 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 | 0 |
other liabilities | 3,818 | 6,035 | 8,165 | 10,000 | 0 | 0 | 0 | 9,736 | 0 | 0 | 0 | 0 | 9,736 | 2,648 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 3,818 | 6,035 | 8,165 | 10,000 | 0 | 0 | 0 | 9,736 | 0 | 0 | 0 | 0 | 9,736 | 9,736 | 0 |
total liabilities | 20,664 | 20,514 | 32,376 | 38,700 | 16,947 | 17,087 | 17,332 | 18,001 | 18,564 | 18,479 | 11,240 | 10,024 | 9,896 | 9,736 | 9,777 |
net assets | 45 | 1,203 | 13,735 | 9,741 | -1,914 | -2,892 | -3,467 | -3,424 | -464 | -2,386 | -1,752 | -5,121 | -1,345 | -5,703 | -4,371 |
total shareholders funds | 45 | 1,203 | 13,735 | 9,741 | -1,914 | -2,892 | -3,467 | -3,424 | -464 | -2,386 | -1,752 | -5,121 | -1,345 | -5,703 | -4,371 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -1,336 | 3,175 | |||||||||||||
Depreciation | 111 | 189 | 153 | 153 | 0 | 0 | 0 | ||||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Tax | 0 | -1 | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,621 | -25,710 | -2,271 | 33,476 | 919 | 111 | -654 | 10,223 | -790 | 3,570 | 0 | -629 | 893 | 869 | 65 |
Creditors | 2,367 | -9,732 | -4,489 | 11,753 | -140 | -245 | 9,067 | -10,299 | 85 | 7,239 | 1,216 | 9,864 | 160 | -2,648 | 2,648 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -41 | 41 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -4,894 | 5,798 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,088 | 7,088 |
Other Short Term Loans | 0 | 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 | -7,088 | 7,088 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -2,217 | -2,130 | -1,835 | 10,000 | 0 | 0 | -9,736 | 9,736 | 0 | 0 | 0 | -9,736 | 7,088 | 2,648 | 0 |
share issue | |||||||||||||||
interest | 4 | -2 | |||||||||||||
cash flow from financing | 2,652 | -465 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,679 | 2,509 | 3,080 | 4,738 | -3,372 | 3,625 | -2,104 | 5,203 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,679 | 2,509 | 3,080 | 4,738 | -3,372 | 3,625 | -2,104 | 5,203 |
praxis n16 limited Credit Report and Business Information
Praxis N16 Limited Competitor Analysis
Perform a competitor analysis for praxis n16 limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in S11 area or any other competitors across 12 key performance metrics.
praxis n16 limited Ownership
PRAXIS N16 LIMITED group structure
Praxis N16 Limited has no subsidiary companies.
Ultimate parent company
PRAXIS N16 LIMITED
04060850
praxis n16 limited directors
Praxis N16 Limited currently has 3 directors. The longest serving directors include Mr Mark Littlefair (Aug 2000) and Mr Benjamin Jenkins Smith (Apr 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Littlefair | 55 years | Aug 2000 | - | Director | |
Mr Benjamin Jenkins Smith | 53 years | Apr 2021 | - | Director | |
Mrs Amy Jenkins Smith | 41 years | Apr 2021 | - | Director |
P&L
August 2023turnover
101.9k
-21%
operating profit
-1.2k
0%
gross margin
29%
+6.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
45
-0.96%
total assets
20.7k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
praxis n16 limited company details
company number
04060850
Type
Private limited with Share Capital
industry
90040 - Operation of arts facilities
90030 - Artistic creation
incorporation date
August 2000
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
the old workshop, 1 ecclesall road south, sheffield, S11 9PA
Bank
-
Legal Advisor
-
praxis n16 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 did not find charges/mortgages relating to praxis n16 limited.
praxis n16 limited Companies House Filings - See Documents
date | description | view/download |
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