Retail sale of automotive fuel in specialised stores
Registered Address
29 waterloo road, wolverhampton, west midlands, WV1 4DJ
Website
-
nix service stations limitedEstimated Valuation
£773.1k
Pomanda estimates the enterprise value of NIX SERVICE STATIONS LIMITED at £773.1k based on a Turnover of £2.3m and 0.33x industry multiple (adjusted for size and gross margin).
nix service stations limitedEstimated Valuation
£258.9k
Pomanda estimates the enterprise value of NIX SERVICE STATIONS LIMITED at £258.9k based on an EBITDA of £69.7k and a 3.71x industry multiple (adjusted for size and gross margin).
nix service stations limitedEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of NIX SERVICE STATIONS LIMITED at £1.3m based on Net Assets of £675.7k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nix Service Stations LimitedOverview
Nix Service Stations Limited is a live company located in west midlands, WV1 4DJ with a Companies House number of 05170446. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in July 2004, it's largest shareholder is
janice smith
with a 50% stake. Nix Service Stations Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.3m with
low
growth in recent years.
Pomanda's financial health check has awarded Nix Service Stations Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
9 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£27.4m)
£2.3m - Nix Service Stations Limited
£27.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.1%)
3% - Nix Service Stations Limited
10.1% - Industry AVG
Production
with a gross margin of 12.4%, this company has a comparable cost of product (12.4%)
12.4% - Nix Service Stations Limited
12.4% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (3.9%)
2.3% - Nix Service Stations Limited
3.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (58)
10 - Nix Service Stations Limited
58 - Industry AVG
Pay Structure
on an average salary of £18.2k, the company has an equivalent pay structure (£18.2k)
£18.2k - Nix Service Stations Limited
£18.2k - Industry AVG
Efficiency
resulting in sales per employee of £235k, this is less efficient (£415.7k)
£235k - Nix Service Stations Limited
£415.7k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is later than average (4 days)
6 days - Nix Service Stations Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (20 days)
10 days - Nix Service Stations Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is in line with average (8 days)
8 days - Nix Service Stations Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (26 weeks)
3 weeks - Nix Service Stations Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.5%, this is a higher level of debt than the average (51.5%)
59.5% - Nix Service Stations Limited
51.5% - Industry AVG
NIX SERVICE STATIONS LIMITED financials
EXPORT
Nix Service Stations Limited's latest turnover from October 2023 is estimated at £2.3 million and the company has net assets of £675.7 thousand. According to their latest financial statements, Nix Service Stations Limited has 10 employees and maintains cash reserves of £45.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
2,349,607
2,625,338
2,003,700
2,176,366
2,232,748
2,340,380
2,311,584
2,224,134
2,370,337
2,496,579
3,521,422
3,489,885
3,491,067
2,537,553
Other Income Or Grants
Cost Of Sales
2,059,130
2,325,403
1,739,556
1,944,260
2,021,139
2,133,236
2,105,653
2,020,843
2,196,744
2,328,617
3,291,072
3,262,668
3,246,622
2,353,801
Gross Profit
290,478
299,935
264,144
232,105
211,609
207,144
205,931
203,291
173,593
167,961
230,350
227,217
244,445
183,753
Admin Expenses
236,186
2,529
175,694
133,815
147,861
148,299
141,356
181,633
125,324
133,907
222,994
234,761
245,904
164,695
-144,539
Operating Profit
54,292
297,406
88,450
98,290
63,748
58,845
64,575
21,658
48,269
34,054
7,356
-7,544
-1,459
19,058
144,539
Interest Payable
2,016
13,010
16,563
19,767
24,144
23,529
22,979
11,529
Interest Receivable
1,820
319
5
4
31
29
10
21
43
21
19
15
37
48
17
Pre-Tax Profit
54,096
284,716
71,891
78,527
39,635
35,344
41,606
10,150
48,313
34,075
7,375
-7,529
-1,422
19,106
144,556
Tax
-13,524
-54,096
-13,659
-14,920
-7,531
-6,715
-7,905
-2,030
-9,662
-7,156
-1,696
-5,350
-40,476
Profit After Tax
40,572
230,620
58,232
63,607
32,104
28,629
33,701
8,120
38,650
26,919
5,679
-7,529
-1,422
13,756
104,080
Dividends Paid
Retained Profit
40,572
230,620
58,232
63,607
32,104
28,629
33,701
8,120
38,650
26,919
5,679
-7,529
-1,422
13,756
104,080
Employee Costs
182,088
166,477
179,598
163,407
191,027
200,487
193,991
165,690
89,697
84,523
111,456
114,651
135,672
104,196
Number Of Employees
10
10
11
11
13
13
13
12
6
6
8
8
9
7
EBITDA*
69,745
313,011
103,582
112,688
76,409
74,483
80,709
37,551
65,078
47,110
17,271
5,608
11,206
31,804
158,035
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
768,942
634,577
819,201
818,708
822,379
354,622
360,407
351,203
359,257
346,187
320,803
323,264
325,749
122,460
125,407
Intangible Assets
7,000
14,000
21,000
28,000
35,000
42,000
49,000
56,000
63,000
70,000
77,000
84,000
91,000
98,000
105,000
Investments & Other
115,046
115,046
115,046
115,046
115,046
115,046
115,046
115,046
Debtors (Due After 1 year)
Total Fixed Assets
890,988
763,623
955,247
961,754
972,425
511,668
524,453
522,249
422,257
416,187
397,803
407,264
416,749
220,460
230,407
Stock & work in progress
45,810
62,985
43,851
50,645
43,183
47,028
36,672
37,503
49,323
46,561
41,541
38,763
45,774
27,051
35,470
Trade Debtors
39,809
58,714
51,343
31,871
26,994
41,223
40,286
34,864
32,936
33,753
88,446
92,180
90,774
80,730
68,845
Group Debtors
212,771
Misc Debtors
647,386
3,787
36,990
40,457
53,708
205,722
214,724
225,961
Cash
45,805
23,528
4,859
4,500
4,428
3,861
3,823
3,818
13,037
4,203
4,003
3,607
2,481
12,374
6,683
misc current assets
total current assets
778,810
361,785
137,043
127,473
128,313
297,834
295,505
302,146
95,296
84,517
133,990
134,550
139,029
120,155
110,998
total assets
1,669,798
1,125,408
1,092,290
1,089,227
1,100,738
809,502
819,958
824,395
517,553
500,704
531,793
541,814
555,778
340,615
341,405
Bank overdraft
180,869
70,064
103,835
123,645
133,990
111,130
Bank loan
35,833
Trade Creditors
59,092
69,344
54,994
43,252
45,761
50,765
51,435
52,054
128,101
165,742
216,668
211,233
190,909
160,514
154,900
Group/Directors Accounts
594,442
26,348
96,698
other short term finances
hp & lease commitments
other current liabilities
93,112
118,637
51,549
62,798
79,464
71,183
73,120
49,858
total current liabilities
746,646
223,814
313,760
272,812
229,060
245,593
258,545
213,042
128,101
165,742
216,668
211,233
190,909
160,514
154,900
loans
98,684
193,428
280,783
207,119
232,408
257,794
hp & lease commitments
Accruals and Deferred Income
other liabilities
240,588
259,901
268,409
269,116
300,000
100,000
100,000
160,000
202,516
188,008
200,469
221,429
248,029
61,017
80,982
provisions
6,844
6,545
6,909
7,575
8,206
6,205
7,049
5,304
6,801
5,469
90
265
424
1,246
1,441
total long term liabilities
247,432
266,446
374,002
470,119
588,989
313,324
339,457
423,098
209,317
193,477
200,559
221,694
248,453
62,263
82,423
total liabilities
994,078
490,260
687,762
742,931
818,049
558,917
598,002
636,140
337,418
359,219
417,227
432,927
439,362
222,777
237,323
net assets
675,720
635,148
404,528
346,296
282,689
250,585
221,956
188,255
180,135
141,485
114,566
108,887
116,416
117,838
104,082
total shareholders funds
675,720
635,148
404,528
346,296
282,689
250,585
221,956
188,255
180,135
141,485
114,566
108,887
116,416
117,838
104,082
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
54,292
297,406
88,450
98,290
63,748
58,845
64,575
21,658
48,269
34,054
7,356
-7,544
-1,459
19,058
144,539
Depreciation
8,453
8,605
8,132
7,398
5,661
8,638
9,134
8,893
9,809
6,056
2,915
6,152
5,665
5,746
6,496
Amortisation
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
7,000
Tax
-13,524
-54,096
-13,659
-14,920
-7,531
-6,715
-7,905
-2,030
-9,662
-7,156
-1,696
-5,350
-40,476
Stock
-17,175
19,134
-6,794
7,462
-3,845
10,356
-831
-11,820
2,762
5,020
2,778
-7,011
18,723
-8,419
35,470
Debtors
411,923
186,939
16,005
-8,374
-166,243
-8,065
-5,815
227,889
-817
-54,693
-3,734
1,406
10,044
11,885
68,845
Creditors
-10,252
14,350
11,742
-2,509
-5,004
-670
-619
-76,047
-37,641
-50,926
5,435
20,324
30,395
5,614
154,900
Accruals and Deferred Income
-25,525
67,088
-11,249
-16,666
8,281
-1,937
23,262
49,858
Deferred Taxes & Provisions
299
-364
-666
-631
2,001
-844
1,745
-1,497
1,332
5,379
-175
-159
-822
-195
1,441
Cash flow from operations
-374,005
133,916
80,539
78,874
244,244
62,026
103,838
-208,234
17,162
44,080
21,791
31,378
12,012
28,407
169,585
Investing Activities
capital expenditure
-142,818
176,019
-8,625
-3,727
-473,418
-2,853
-18,338
-839
-22,879
-31,440
-454
-3,667
-208,954
-2,799
-243,903
Change in Investments
115,046
cash flow from investments
-142,818
176,019
-8,625
-3,727
-473,418
-2,853
-18,338
-115,885
-22,879
-31,440
-454
-3,667
-208,954
-2,799
-243,903
Financing Activities
Bank loans
-35,833
35,833
Group/Directors Accounts
594,442
-26,348
-70,350
96,698
Other Short Term Loans
Long term loans
-98,684
-94,744
-87,355
73,664
-25,289
-25,386
257,794
Hire Purchase and Lease Commitments
other long term liabilities
-19,313
-8,508
-707
-30,884
200,000
-60,000
-42,516
14,508
-12,461
-20,960
-26,600
187,012
-19,965
80,982
share issue
2
interest
-196
-12,691
-16,558
-19,763
-24,113
-23,500
-22,969
-11,508
43
21
19
15
37
48
17
cash flow from financing
539,100
-110,398
-182,359
-41,304
249,551
-48,789
-108,355
203,770
14,551
-12,440
-20,941
-26,585
187,049
-19,917
81,001
cash and cash equivalents
cash
22,277
18,669
359
72
567
38
5
-9,219
8,834
200
396
1,126
-9,893
5,691
6,683
overdraft
-180,869
110,805
-33,771
-19,810
-10,345
22,860
111,130
change in cash
22,277
199,538
-110,446
33,843
20,377
10,383
-22,855
-120,349
8,834
200
396
1,126
-9,893
5,691
6,683
nix service stations limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nix service stations limited. Get real-time insights into nix service stations limited's credit score, group structure and payment trends.
Perform a competitor analysis for nix service stations limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WV1 area or any other competitors across 12 key performance metrics.
nix service stations limited Ownership
NIX SERVICE STATIONS LIMITED group structure
Nix Service Stations Limited has no subsidiary companies.
Ultimate parent company
NIX SERVICE STATIONS LIMITED
05170446
NIX SERVICE STATIONS LIMITED Shareholders
The largest shareholders in Nix Service Stations Limited include Janice Smith and David Smith.
janice smith
50%
david smith
50%
nix service stations limited directors
Nix Service Stations Limited currently has 2 directors.
The longest serving directors include
Mr David Smith (Jul 2004) and
Mrs Janice Smith (Jul 2004).
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
July 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
29 waterloo road, wolverhampton, west midlands, WV1 4DJ
Bank
-
Legal Advisor
-
nix service stations 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 found 6 charges/mortgages relating to nix service stations limited. Currently there are 3 open charges and 3 have been satisfied in the past.
nix service stations limited 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 NIX SERVICE STATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
nix service stations limitedCompanies House Filings - See Documents
