
Company Number
04225020
Next Accounts
Jan 2026
Directors
Shareholders
james anthony earl
yolanda earl
Group Structure
View All
Industry
Pre-press and pre-media services
Registered Address
269 farnborough road, farnborough, hampshire, GU14 7LY
Website
-Pomanda estimates the enterprise value of TRUE PIXEL LTD at £72.1k based on a Turnover of £213.3k and 0.34x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TRUE PIXEL LTD at £0 based on an EBITDA of £-39.2k and a 2.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TRUE PIXEL LTD at £212.2k based on Net Assets of £89k and 2.38x industry multiple (adjusted for liquidity).
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True Pixel Ltd is a live company located in hampshire, GU14 7LY with a Companies House number of 04225020. It operates in the pre-press and pre-media services sector, SIC Code 18130. Founded in May 2001, it's largest shareholder is james anthony earl with a 50.8% stake. True Pixel Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £213.3k with declining growth in recent years.
Pomanda's financial health check has awarded True Pixel Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £213.3k, make it smaller than the average company (£727.6k)
- True Pixel Ltd
£727.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.8%)
- True Pixel Ltd
5.8% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36%)
- True Pixel Ltd
36% - Industry AVG
Profitability
an operating margin of -19.6% make it less profitable than the average company (0.5%)
- True Pixel Ltd
0.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - True Pixel Ltd
18 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- True Pixel Ltd
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £106.6k, this is more efficient (£88.9k)
- True Pixel Ltd
£88.9k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (68 days)
- True Pixel Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (25 days)
- True Pixel Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (9 days)
- True Pixel Ltd
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (23 weeks)
67 weeks - True Pixel Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (41.9%)
34.6% - True Pixel Ltd
41.9% - Industry AVG
True Pixel Ltd's latest turnover from April 2024 is estimated at £213.3 thousand and the company has net assets of £89 thousand. According to their latest financial statements, True Pixel Ltd has 2 employees and maintains cash reserves of £58.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 482,455 | 421,421 | 407,013 | 340,924 | 342,220 | ||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 174,345 | 152,551 | 163,403 | 155,101 | 137,331 | ||||||||||
Gross Profit | 308,110 | 268,870 | 243,610 | 185,823 | 204,889 | ||||||||||
Admin Expenses | 117,890 | 112,194 | 110,212 | 123,556 | 98,722 | ||||||||||
Operating Profit | 190,220 | 156,676 | 133,398 | 62,267 | 106,167 | ||||||||||
Interest Payable | 269 | 371 | |||||||||||||
Interest Receivable | 936 | 120 | |||||||||||||
Pre-Tax Profit | 191,156 | 155,527 | 133,027 | 62,267 | 106,167 | ||||||||||
Tax | -38,537 | -30,896 | -26,478 | -12,440 | -22,307 | ||||||||||
Profit After Tax | 152,619 | 124,631 | 106,549 | 49,827 | 83,860 | ||||||||||
Dividends Paid | 90,954 | 78,002 | 63,472 | 54,274 | 65,874 | ||||||||||
Retained Profit | 61,665 | 46,629 | 43,077 | -4,447 | 17,986 | ||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 2 | 4 | 5 | 5 | 7 | 7 | 7 | 7 | 7 | ||||||
EBITDA* | 195,249 | 160,970 | 137,095 | 65,787 | 109,649 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 7,821 | 10,428 | 10,613 | 13,815 | 18,100 | 22,311 | 29,749 | 33,264 | 30,519 | 5,037 | 5,911 | 7,038 | 5,488 | 5,444 | 3,329 |
Intangible Assets | 499 | 13,299 | 26,099 | 38,899 | 40,499 | 42,099 | 43,699 | 45,299 | 46,917 | 48,535 | 50,153 | 51,771 | |||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 7,821 | 10,428 | 10,613 | 14,314 | 31,399 | 48,410 | 68,648 | 73,763 | 72,618 | 48,736 | 51,210 | 53,955 | 54,023 | 55,597 | 55,100 |
Stock & work in progress | 900 | 3,100 | 3,500 | 4,000 | 3,500 | 4,100 | 4,900 | 5,500 | 5,100 | 5,500 | 7,700 | 7,600 | 7,400 | 7,900 | 7,800 |
Trade Debtors | 62,188 | 40,056 | 72,760 | 72,311 | 44,196 | 83,302 | 131,796 | 123,864 | 127,684 | 150,026 | 76,549 | 71,268 | 107,156 | 58,907 | 93,272 |
Group Debtors | |||||||||||||||
Misc Debtors | 6,511 | 7,849 | 6,638 | 5,475 | 4,811 | 7,032 | 13,622 | 5,956 | 9,948 | 8,731 | 10,527 | 9,982 | 10,237 | 10,083 | |
Cash | 58,549 | 104,726 | 111,793 | 85,905 | 115,353 | 139,956 | 113,081 | 155,518 | 175,201 | 214,485 | 169,977 | 87,268 | 30,059 | 25,570 | 19,035 |
misc current assets | |||||||||||||||
total current assets | 128,148 | 155,731 | 194,691 | 167,691 | 167,860 | 234,390 | 263,399 | 290,838 | 317,933 | 370,011 | 262,957 | 176,663 | 154,597 | 102,614 | 130,190 |
total assets | 135,969 | 166,159 | 205,304 | 182,005 | 199,259 | 282,800 | 332,047 | 364,601 | 390,551 | 418,747 | 314,167 | 230,618 | 208,620 | 158,211 | 185,290 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 2,499 | 1,851 | 7,621 | 6,673 | 1,135 | 7,834 | 21,784 | 13,564 | 22,063 | 113,942 | 21,184 | 20,652 | 30,770 | 21,278 | 20,860 |
Group/Directors Accounts | 10,000 | 6,671 | 83 | ||||||||||||
other short term finances | 2,851 | 14,479 | 14,479 | ||||||||||||
hp & lease commitments | 5,425 | 6,510 | 6,510 | 6,510 | 6,510 | ||||||||||
other current liabilities | 42,689 | 35,857 | 49,494 | 38,913 | 30,919 | 58,458 | 66,697 | 84,574 | 78,933 | 73,477 | 52,125 | 53,787 | 44,797 | 59,956 | |
total current liabilities | 45,188 | 37,708 | 57,115 | 45,586 | 37,479 | 72,802 | 94,991 | 104,648 | 107,506 | 113,942 | 94,661 | 72,777 | 97,408 | 87,225 | 95,378 |
loans | 2,851 | 17,330 | |||||||||||||
hp & lease commitments | 5,425 | 11,935 | 18,445 | 24,955 | |||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 1,803 | 1,981 | 2,016 | 2,625 | 3,439 | 4,052 | 5,391 | 4,071 | 5,747 | ||||||
total long term liabilities | 1,803 | 1,981 | 2,016 | 2,625 | 3,439 | 9,477 | 17,326 | 22,516 | 30,702 | 2,851 | 17,330 | ||||
total liabilities | 46,991 | 39,689 | 59,131 | 48,211 | 40,918 | 82,279 | 112,317 | 127,164 | 138,208 | 113,942 | 94,661 | 72,777 | 97,408 | 90,076 | 112,708 |
net assets | 88,978 | 126,470 | 146,173 | 133,794 | 158,341 | 200,521 | 219,730 | 237,437 | 252,343 | 304,805 | 219,506 | 157,841 | 111,212 | 68,135 | 72,582 |
total shareholders funds | 88,978 | 126,470 | 146,173 | 133,794 | 158,341 | 200,521 | 219,730 | 237,437 | 252,343 | 304,805 | 219,506 | 157,841 | 111,212 | 68,135 | 72,582 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 190,220 | 156,676 | 133,398 | 62,267 | 106,167 | ||||||||||
Depreciation | 2,607 | 3,476 | 3,539 | 4,606 | 6,034 | 7,438 | 9,917 | 11,089 | 10,174 | 1,680 | 3,411 | 2,676 | 2,079 | 1,902 | 1,864 |
Amortisation | 499 | 12,800 | 12,800 | 12,800 | 1,600 | 16,000 | 1,600 | 1,600 | 1,618 | 1,618 | 1,618 | 1,618 | 1,618 | ||
Tax | -38,537 | -30,896 | -26,478 | -12,440 | -22,307 | ||||||||||
Stock | -2,200 | -400 | -500 | 500 | -600 | -800 | -600 | 400 | -400 | -2,200 | 100 | 200 | -500 | 100 | 7,800 |
Debtors | 20,794 | -31,493 | 1,612 | 28,779 | -41,327 | -55,084 | 15,598 | -7,812 | -12,394 | 64,746 | 3,485 | -35,343 | 47,994 | -34,211 | 103,355 |
Creditors | 648 | -5,770 | 948 | 5,538 | -6,699 | -13,950 | 8,220 | -8,499 | -91,879 | 92,758 | 532 | -10,118 | 9,492 | 418 | 20,860 |
Accruals and Deferred Income | 6,832 | -13,637 | 10,581 | 7,994 | -27,539 | -8,239 | -17,877 | 5,641 | 78,933 | -73,477 | 21,352 | -1,662 | 8,990 | -15,159 | 59,956 |
Deferred Taxes & Provisions | -178 | -35 | -609 | -814 | -613 | -1,339 | 1,320 | -1,676 | 5,747 | ||||||
Cash flow from operations | 175,011 | 153,437 | 81,605 | 72,717 | 57,003 | ||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -10,000 | 3,329 | 6,588 | 83 | |||||||||||
Other Short Term Loans | -2,851 | -11,628 | 14,479 | ||||||||||||
Long term loans | -2,851 | -14,479 | 17,330 | ||||||||||||
Hire Purchase and Lease Commitments | -5,425 | -6,510 | -6,510 | -6,510 | -6,510 | 31,465 | |||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 936 | -149 | -371 | ||||||||||||
cash flow from financing | 936 | -13,000 | -11,521 | -7,891 | 86,488 | ||||||||||
cash and cash equivalents | |||||||||||||||
cash | -46,177 | -7,067 | 25,888 | -29,448 | -24,603 | 26,875 | -42,437 | -19,683 | -39,284 | 44,508 | 82,709 | 57,209 | 4,489 | 6,535 | 19,035 |
overdraft | |||||||||||||||
change in cash | -46,177 | -7,067 | 25,888 | -29,448 | -24,603 | 26,875 | -42,437 | -19,683 | -39,284 | 44,508 | 82,709 | 57,209 | 4,489 | 6,535 | 19,035 |
Perform a competitor analysis for true pixel ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in GU14 area or any other competitors across 12 key performance metrics.
TRUE PIXEL LTD group structure
True Pixel Ltd has no subsidiary companies.
Ultimate parent company
TRUE PIXEL LTD
04225020
True Pixel Ltd currently has 1 director, Mr James Earl serving since Dec 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Earl | England | 52 years | Dec 2007 | - | Director |
P&L
April 2024turnover
213.3k
+6%
operating profit
-41.8k
0%
gross margin
36.1%
+1.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
89k
-0.3%
total assets
136k
-0.18%
cash
58.5k
-0.44%
net assets
Total assets minus all liabilities
company number
04225020
Type
Private limited with Share Capital
industry
18130 - Pre-press and pre-media services
incorporation date
May 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
keith skitt and company limited (March 2025)
lefthook limited (August 2001)
accountant
-
auditor
-
address
269 farnborough road, farnborough, hampshire, GU14 7LY
Bank
-
Legal Advisor
-
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 true pixel ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
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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