true pixel ltd

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true pixel ltd Company Information

Share TRUE PIXEL LTD

Company Number

04225020

Directors

James Earl

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

-

true pixel ltd Estimated Valuation

£72.1k

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).

true pixel ltd Estimated Valuation

£0

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).

true pixel ltd Estimated Valuation

£212.2k

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 Overview

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.

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True Pixel Ltd Health Check

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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £213.3k, make it smaller than the average company (£727.6k)

£213.3k - True Pixel Ltd

£727.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.8%)

-10% - True Pixel Ltd

5.8% - Industry AVG

production

Production

with a gross margin of 36%, this company has a comparable cost of product (36%)

36% - True Pixel Ltd

36% - Industry AVG

profitability

Profitability

an operating margin of -19.6% make it less profitable than the average company (0.5%)

-19.6% - True Pixel Ltd

0.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - True Pixel Ltd

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - True Pixel Ltd

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.6k, this is more efficient (£88.9k)

£106.6k - True Pixel Ltd

£88.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 106 days, this is later than average (68 days)

106 days - True Pixel Ltd

68 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (25 days)

6 days - True Pixel Ltd

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (9 days)

2 days - True Pixel Ltd

9 days - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover213,263201,726298,455295,446295,016442,735538,406484,981576,717717,153482,455421,421407,013340,924342,220
Other Income Or Grants
Cost Of Sales136,426130,308186,047187,091171,643266,529349,061304,519356,995431,664174,345152,551163,403155,101137,331
Gross Profit76,83871,419112,407108,355123,374176,206189,346180,462219,722285,489308,110268,870243,610185,823204,889
Admin Expenses118,61695,72397,866133,003165,682196,364207,724195,781273,158179,826117,890112,194110,212123,55698,722
Operating Profit-41,778-24,30414,541-24,648-42,308-20,158-18,378-15,319-53,436105,663190,220156,676133,39862,267106,167
Interest Payable269371
Interest Receivable4,2864,601741101128949672413974961936120
Pre-Tax Profit-37,492-19,70315,283-24,547-42,180-19,209-17,707-14,906-52,462106,624191,156155,527133,02762,267106,167
Tax-2,904-21,325-38,537-30,896-26,478-12,440-22,307
Profit After Tax-37,492-19,70312,379-24,547-42,180-19,209-17,707-14,906-52,46285,299152,619124,631106,54949,82783,860
Dividends Paid90,95478,00263,47254,27465,874
Retained Profit-37,492-19,70312,379-24,547-42,180-19,209-17,707-14,906-52,46285,29961,66546,62943,077-4,44717,986
Employee Costs76,359152,629178,878179,045251,628268,690247,684243,194237,359239,775203,544176,127168,915182,844147,073
Number Of Employees245577777765554
EBITDA*-39,171-20,82818,579-7,242-23,47480-6,86111,770-41,662108,943195,249160,970137,09565,787109,649

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets7,82110,42810,61313,81518,10022,31129,74933,26430,5195,0375,9117,0385,4885,4443,329
Intangible Assets49913,29926,09938,89940,49942,09943,69945,29946,91748,53550,15351,771
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,82110,42810,61314,31431,39948,41068,64873,76372,61848,73651,21053,95554,02355,59755,100
Stock & work in progress9003,1003,5004,0003,5004,1004,9005,5005,1005,5007,7007,6007,4007,9007,800
Trade Debtors62,18840,05672,76072,31144,19683,302131,796123,864127,684150,02676,54971,268107,15658,90793,272
Group Debtors
Misc Debtors6,5117,8496,6385,4754,8117,03213,6225,9569,9488,73110,5279,98210,23710,083
Cash58,549104,726111,79385,905115,353139,956113,081155,518175,201214,485169,97787,26830,05925,57019,035
misc current assets
total current assets128,148155,731194,691167,691167,860234,390263,399290,838317,933370,011262,957176,663154,597102,614130,190
total assets135,969166,159205,304182,005199,259282,800332,047364,601390,551418,747314,167230,618208,620158,211185,290
Bank overdraft
Bank loan
Trade Creditors 2,4991,8517,6216,6731,1357,83421,78413,56422,063113,94221,18420,65230,77021,27820,860
Group/Directors Accounts10,0006,67183
other short term finances2,85114,47914,479
hp & lease commitments5,4256,5106,5106,5106,510
other current liabilities42,68935,85749,49438,91330,91958,45866,69784,57478,93373,47752,12553,78744,79759,956
total current liabilities45,18837,70857,11545,58637,47972,80294,991104,648107,506113,94294,66172,77797,40887,22595,378
loans2,85117,330
hp & lease commitments5,42511,93518,44524,955
Accruals and Deferred Income
other liabilities
provisions1,8031,9812,0162,6253,4394,0525,3914,0715,747
total long term liabilities1,8031,9812,0162,6253,4399,47717,32622,51630,7022,85117,330
total liabilities46,99139,68959,13148,21140,91882,279112,317127,164138,208113,94294,66172,77797,40890,076112,708
net assets88,978126,470146,173133,794158,341200,521219,730237,437252,343304,805219,506157,841111,21268,13572,582
total shareholders funds88,978126,470146,173133,794158,341200,521219,730237,437252,343304,805219,506157,841111,21268,13572,582
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-41,778-24,30414,541-24,648-42,308-20,158-18,378-15,319-53,436105,663190,220156,676133,39862,267106,167
Depreciation2,6073,4763,5394,6066,0347,4389,91711,08910,1741,6803,4112,6762,0791,9021,864
Amortisation49912,80012,80012,8001,60016,0001,6001,6001,6181,6181,6181,6181,618
Tax-2,904-21,325-38,537-30,896-26,478-12,440-22,307
Stock-2,200-400-500500-600-800-600400-400-2,200100200-5001007,800
Debtors20,794-31,4931,61228,779-41,327-55,08415,598-7,812-12,39464,7463,485-35,34347,994-34,211103,355
Creditors648-5,7709485,538-6,699-13,9508,220-8,499-91,87992,758532-10,1189,49241820,860
Accruals and Deferred Income6,832-13,63710,5817,994-27,539-8,239-17,8775,64178,933-73,47721,352-1,6628,990-15,15959,956
Deferred Taxes & Provisions-178-35-609-814-613-1,3391,320-1,6765,747
Cash flow from operations-50,463-8,37725,483-23,803-16,39832,436-30,19614,648-36,06744,353175,011153,43781,60572,71757,003
Investing Activities
capital expenditure-3,291-337-321-1,823-6,402-28,234-35,656-806
Change in Investments
cash flow from investments-3,291-337-321-1,823-6,402-28,234-35,656-806
Financing Activities
Bank loans
Group/Directors Accounts-10,0003,3296,58883
Other Short Term Loans -2,851-11,62814,479
Long term loans-2,851-14,47917,330
Hire Purchase and Lease Commitments-5,425-6,510-6,510-6,510-6,51031,465
other long term liabilities
share issue54,596
interest4,2864,601741101128949672413974961936-149-371
cash flow from financing4,2864,601741-5,324-6,382-5,561-5,838-6,09732,439961936-13,000-11,521-7,89186,488
cash and cash equivalents
cash-46,177-7,06725,888-29,448-24,60326,875-42,437-19,683-39,28444,50882,70957,2094,4896,53519,035
overdraft
change in cash-46,177-7,06725,888-29,448-24,60326,875-42,437-19,683-39,28444,50882,70957,2094,4896,53519,035

true pixel 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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True Pixel Ltd Competitor Analysis

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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 Ownership

TRUE PIXEL LTD group structure

True Pixel Ltd has no subsidiary companies.

Ultimate parent company

TRUE PIXEL LTD

04225020

TRUE PIXEL LTD Shareholders

james anthony earl 50.83%
yolanda earl 49.17%

true pixel ltd directors

True Pixel Ltd currently has 1 director, Mr James Earl serving since Dec 2007.

officercountryagestartendrole
Mr James EarlEngland52 years Dec 2007- Director

P&L

April 2024

turnover

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 2024

net assets

89k

-0.3%

total assets

136k

-0.18%

cash

58.5k

-0.44%

net assets

Total assets minus all liabilities

true pixel ltd company details

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

None

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

-

true pixel 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 found 1 charges/mortgages relating to true pixel ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

true pixel ltd 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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true pixel ltd Companies House Filings - See Documents

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