provexis plc
provexis plc Company Information
Company Number
05102907
Next Accounts
Sep 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of head offices
Registered Address
2 blagrave street, reading, RG1 1AZ
Website
www.provexis.comprovexis plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEXIS PLC at £422.7k based on a Turnover of £802k and 0.53x industry multiple (adjusted for size and gross margin).
provexis plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEXIS PLC at £0 based on an EBITDA of £-603.6k and a 4.05x industry multiple (adjusted for size and gross margin).
provexis plc Estimated Valuation
Pomanda estimates the enterprise value of PROVEXIS PLC at £1.6m based on Net Assets of £724.3k and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Provexis Plc Overview
Provexis Plc is a live company located in reading, RG1 1AZ with a Companies House number of 05102907. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2004, it's largest shareholder is undisclosed with a 100% stake. Provexis Plc is a mature, small sized company, Pomanda has estimated its turnover at £802k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Provexis Plc Health Check
Pomanda's financial health check has awarded Provexis Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £802k, make it smaller than the average company (£20.5m)
£802k - Provexis Plc
£20.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.9%)
17% - Provexis Plc
8.9% - Industry AVG
Production
with a gross margin of 35.4%, this company has a comparable cost of product (33.2%)
35.4% - Provexis Plc
33.2% - Industry AVG
Profitability
an operating margin of -75.3% make it less profitable than the average company (5.8%)
-75.3% - Provexis Plc
5.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (116)
3 - Provexis Plc
116 - Industry AVG
Pay Structure
on an average salary of £127.6k, the company has a higher pay structure (£48.8k)
£127.6k - Provexis Plc
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £267.3k, this is more efficient (£196.6k)
£267.3k - Provexis Plc
£196.6k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (44 days)
8 days - Provexis Plc
44 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (42 days)
14 days - Provexis Plc
42 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is more than average (46 days)
96 days - Provexis Plc
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (16 weeks)
32 weeks - Provexis Plc
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (54.7%)
29.8% - Provexis Plc
54.7% - Industry AVG
PROVEXIS PLC financials
Provexis Plc's latest turnover from March 2024 is £802 thousand and the company has net assets of £724.3 thousand. According to their latest financial statements, Provexis Plc has 3 employees and maintains cash reserves of £189.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 801,964 | 389,916 | 426,168 | 505,330 | 347,937 | 322,189 | 235,804 | 227,618 | 91,649 | 38,224 | 3,967 | 37,351 | 3,477,862 | 50,086 | 14,767 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 518,169 | 95,497 | 46,119 | 49,136 | 35,782 | 49,433 | 23,167 | 9,533 | 0 | 1,720,241 | 0 | ||||
| Gross Profit | 283,795 | 294,419 | 380,049 | 456,194 | 312,155 | 272,756 | 212,637 | 218,085 | 91,649 | 1,757,621 | 50,086 | ||||
| Admin Expenses | 887,387 | 715,346 | 679,254 | 818,110 | 736,967 | 806,659 | 680,562 | 630,061 | 547,128 | 6,087,758 | 2,525,408 | ||||
| Operating Profit | -603,592 | -420,927 | -299,205 | -361,916 | -424,812 | -533,903 | -467,925 | -411,976 | -455,479 | -498,237 | -1,018,976 | -4,265,836 | -4,330,137 | -2,475,322 | -1,787,914 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 742 | 0 | 0 |
| Interest Receivable | 1,594 | 1,011 | 73 | 113 | 347 | 528 | 497 | 890 | 2,768 | 5,077 | 4,889 | 12,407 | 46,853 | 133,439 | |
| Pre-Tax Profit | -601,998 | -419,916 | -299,132 | -361,803 | -424,465 | -533,375 | -467,428 | -411,086 | -452,711 | -493,160 | -1,014,087 | -4,253,429 | -4,284,026 | -2,341,883 | -1,702,588 |
| Tax | 13,880 | 32,800 | 58,905 | 2,460 | 0 | 0 | 0 | 0 | 11,980 | 5,407 | 15,823 | 83,087 | 328,538 | 221,218 | 54,408 |
| Profit After Tax | -588,118 | -387,116 | -240,227 | -359,343 | -424,465 | -533,375 | -467,428 | -411,086 | -440,731 | -487,753 | -998,264 | -4,170,342 | -3,955,488 | -2,120,665 | -1,648,180 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -586,243 | -385,241 | -224,250 | -341,007 | -406,229 | -513,033 | -448,108 | -380,087 | -409,569 | -435,598 | 488,353 | -4,391,706 | -3,955,488 | -2,120,665 | -1,648,180 |
| Employee Costs | 382,845 | 342,598 | 318,548 | 322,358 | 316,304 | 391,683 | 347,321 | 264,142 | 282,779 | 223,628 | 687,591 | 930,137 | 2,181,401 | 1,186,818 | 1,071,634 |
| Number Of Employees | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 7 | 36 | 15 | 13 |
| EBITDA* | -603,592 | -420,927 | -299,205 | -361,916 | -424,812 | -533,903 | -467,925 | -411,976 | -455,479 | -498,237 | -844,567 | -3,791,389 | -2,850,139 | -2,446,625 | -1,767,006 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 533,749 | 531,874 | 529,999 | 514,022 | 991,372 | 477,450 | 457,108 | 437,788 | 406,789 | 375,627 | 323,472 | 745,268 | 946,110 | 89,769 | 61,182 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,553,502 | 9,369,603 | 3,878,577 | 3,860,618 |
| Investments & Other | 533,749 | 531,874 | 529,999 | 514,022 | 0 | 477,450 | 457,108 | 437,788 | 406,789 | 375,627 | 323,472 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 495,686 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 533,749 | 531,874 | 529,999 | 514,022 | 495,686 | 477,450 | 457,108 | 437,788 | 406,789 | 375,627 | 323,472 | 7,298,770 | 10,315,713 | 3,968,346 | 3,921,800 |
| Stock & work in progress | 136,520 | 327,797 | 85,808 | 60,576 | 10,084 | 45,866 | 10,521 | 32,450 | 0 | 0 | 0 | 913,387 | 635,771 | 0 | 0 |
| Trade Debtors | 19,443 | 3,968 | 3,655 | 5,916 | 4,709 | 3,430 | 1,314 | 1,251 | 0 | 240 | 0 | 722,873 | 568,548 | 48,708 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 106,036 | 57,146 | 100,788 | 135,007 | 134,928 | 56,173 | 63,307 | 85,725 | 49,561 | 53,108 | 112,637 | 530,432 | 366,225 | 204,541 | 0 |
| Cash | 189,357 | 379,121 | 863,873 | 1,077,410 | 291,335 | 325,642 | 315,166 | 12,349 | 189,636 | 285,403 | 514,827 | 616,612 | 1,447,405 | 7,551,505 | 7,049,134 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 30,920 | 28,335 | 26,425 | 17,388 | 21,230 | 15,823 | 288,801 | 300,000 | 271,220 | 111,844 |
| total current assets | 498,036 | 845,992 | 1,126,989 | 1,292,869 | 468,758 | 462,031 | 418,643 | 158,200 | 256,585 | 359,981 | 643,287 | 3,072,105 | 3,317,949 | 8,075,974 | 7,435,616 |
| total assets | 1,031,785 | 1,377,866 | 1,656,988 | 1,806,891 | 964,444 | 939,481 | 875,751 | 595,988 | 663,374 | 735,608 | 966,759 | 10,370,875 | 13,633,662 | 12,044,320 | 11,357,416 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,774 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,842 | 19,514 | 24,705 | 20,502 | 22,297 | 36,121 | 29,329 | 67,932 | 29,550 | 38,135 | 19,028 | 929,939 | 894,535 | 91,529 | 87,409 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 286,606 | 168,823 | 133,204 | 130,179 | 127,780 | 87,022 | 60,054 | 65,382 | 84,197 | 75,946 | 89,184 | 857,630 | 686,437 | 471,661 | 0 |
| total current liabilities | 307,448 | 188,337 | 157,909 | 150,681 | 150,077 | 123,143 | 89,383 | 133,314 | 113,747 | 114,081 | 108,212 | 1,852,343 | 1,580,972 | 563,190 | 295,498 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 323,742 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 901,578 | 1,070,144 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 612,660 | 535,072 | 0 | 0 |
| total liabilities | 307,448 | 188,337 | 157,909 | 150,681 | 150,077 | 123,143 | 89,383 | 133,314 | 113,747 | 114,081 | 108,212 | 2,465,003 | 2,116,044 | 563,190 | 295,498 |
| net assets | 724,337 | 1,189,529 | 1,499,079 | 1,656,210 | 814,367 | 816,338 | 786,368 | 462,674 | 549,627 | 621,527 | 858,547 | 7,905,872 | 11,517,618 | 11,481,130 | 11,061,918 |
| total shareholders funds | 724,337 | 1,189,529 | 1,499,079 | 1,656,210 | 814,367 | 816,338 | 786,368 | 462,674 | 549,627 | 621,527 | 858,547 | 7,905,872 | 11,517,618 | 11,481,130 | 11,061,918 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -603,592 | -420,927 | -299,205 | -361,916 | -424,812 | -533,903 | -467,925 | -411,976 | -455,479 | -498,237 | -1,018,976 | -4,265,836 | -4,330,137 | -2,475,322 | -1,787,914 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,833 | 187,712 | 89,360 | 28,697 | 20,908 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101,576 | 286,735 | 1,390,638 | 0 | ||
| Tax | 13,880 | 32,800 | 58,905 | 2,460 | 0 | 0 | 0 | 0 | 11,980 | 5,407 | 15,823 | 83,087 | 328,538 | 221,218 | 54,408 |
| Stock | -191,277 | 241,989 | 25,232 | 50,492 | -35,782 | 35,345 | -21,929 | 32,450 | 0 | 0 | -913,387 | 277,616 | 635,771 | 0 | 0 |
| Debtors | 64,365 | -43,329 | -36,480 | -494,400 | 575,720 | -5,018 | -22,355 | 37,415 | -3,787 | -59,289 | -1,140,668 | 318,532 | 681,524 | 253,249 | 0 |
| Creditors | 1,328 | -5,191 | 4,203 | -1,795 | -13,824 | 6,792 | -38,603 | 38,382 | -8,585 | 19,107 | -910,911 | 35,404 | 803,006 | 4,120 | 87,409 |
| Accruals and Deferred Income | 117,783 | 35,619 | 3,025 | 2,399 | 40,758 | 26,968 | -5,328 | -18,815 | 8,251 | -13,238 | -768,446 | 171,193 | 214,776 | 471,661 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -901,578 | -168,566 | 1,070,144 | 0 | 0 |
| Cash flow from operations | -343,689 | -556,359 | -221,824 | 85,056 | -937,816 | -530,470 | -462,274 | -440,046 | -427,672 | -1,355,624 | -4,266,419 | -1,750,970 | -2,002,875 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,875 | 1,875 | 15,977 | 514,022 | -477,450 | 20,342 | 19,320 | 30,999 | 31,162 | 52,155 | 323,472 | 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 | 0 | 0 |
| 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 | -323,742 | 323,742 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,594 | 1,011 | 73 | 113 | 347 | 528 | 497 | 890 | 2,768 | 5,077 | 4,889 | 12,407 | 46,111 | 133,439 | |
| cash flow from financing | 122,645 | 76,702 | 67,192 | 1,182,963 | 404,605 | 543,531 | 772,299 | 294,024 | 340,437 | 203,655 | -7,854,531 | 1,116,109 | 4,038,087 | 2,673,316 | |
| cash and cash equivalents | |||||||||||||||
| cash | -189,764 | -484,752 | -213,537 | 786,075 | -34,307 | 10,476 | 302,817 | -177,287 | -95,767 | -229,424 | -101,785 | -830,793 | -6,104,100 | 502,371 | 7,049,134 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -64,774 | 64,774 | 0 | 0 | 0 |
| change in cash | -189,764 | -484,752 | -213,537 | 786,075 | -34,307 | 10,476 | 302,817 | -177,287 | -95,767 | -229,424 | -37,011 | -895,567 | -6,104,100 | 502,371 | 7,049,134 |
provexis plc Credit Report and Business Information
Provexis Plc Competitor Analysis
Perform a competitor analysis for provexis plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.
provexis plc Ownership
PROVEXIS PLC group structure
Provexis Plc has 3 subsidiary companies.
Ultimate parent company
PROVEXIS PLC
05102907
3 subsidiaries
provexis plc directors
Provexis Plc currently has 3 directors. The longest serving directors include Mr Charles Buck (Jun 2005) and Mr Ian Ford (Jul 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Buck | England | 78 years | Jun 2005 | - | Director |
| Mr Ian Ford | England | 59 years | Jul 2007 | - | Director |
| Dr Niamh O'Kennedy | England | 51 years | Apr 2019 | - | Director |
P&L
March 2024turnover
802k
+106%
operating profit
-603.6k
+43%
gross margin
35.4%
-53.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
724.3k
-0.39%
total assets
1m
-0.25%
cash
189.4k
-0.5%
net assets
Total assets minus all liabilities
provexis plc company details
company number
05102907
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2004
age
21
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
nutrinnovator holdings plc (June 2005)
accountant
-
auditor
SHIPLEYS LLP
address
2 blagrave street, reading, RG1 1AZ
Bank
-
Legal Advisor
TLT LLP
provexis plc 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 provexis plc.
provexis plc 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.
Click to start generating capital raising & share issue transactions for PROVEXIS PLC. This can take several minutes, an email will notify you when this has completed.
provexis plc Companies House Filings - See Documents
| date | description | view/download |
|---|
