Pomanda estimates the enterprise value of AXESS 2 LIMITED at £1.2m based on a Turnover of £2.7m and 0.44x industry multiple (adjusted for size and gross margin).
axess 2 limitedEstimated Valuation
£341.5k
Pomanda estimates the enterprise value of AXESS 2 LIMITED at £341.5k based on an EBITDA of £82.1k and a 4.16x industry multiple (adjusted for size and gross margin).
axess 2 limitedEstimated Valuation
£716.9k
Pomanda estimates the enterprise value of AXESS 2 LIMITED at £716.9k based on Net Assets of £234.3k and 3.06x industry multiple (adjusted for liquidity).
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Axess 2 LimitedOverview
Axess 2 Limited is a live company located in preston, PR5 6DA with a Companies House number of 05268783. It operates in the other construction installation sector, SIC Code 43290. Founded in October 2004, it's largest shareholder is
darren cardwell
with a 50% stake. Axess 2 Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Axess 2 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
5 Regular
4 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.2m)
£2.7m - Axess 2 Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.9%)
9% - Axess 2 Limited
7.9% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - Axess 2 Limited
27.2% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (5.7%)
1.8% - Axess 2 Limited
5.7% - Industry AVG
Employees
with 14 employees, this is above the industry average (9)
14 - Axess 2 Limited
9 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
£42.2k - Axess 2 Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £191.2k, this is equally as efficient (£178.1k)
£191.2k - Axess 2 Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (55 days)
65 days - Axess 2 Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (41 days)
54 days - Axess 2 Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is more than average (18 days)
47 days - Axess 2 Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (25 weeks)
9 weeks - Axess 2 Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.1%, this is a higher level of debt than the average (60.3%)
82.1% - Axess 2 Limited
60.3% - Industry AVG
AXESS 2 LIMITED financials
EXPORT
Axess 2 Limited's latest turnover from October 2023 is estimated at £2.7 million and the company has net assets of £234.3 thousand. According to their latest financial statements, Axess 2 Limited has 14 employees and maintains cash reserves of £156.9 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
2,676,679
2,586,998
2,433,527
2,057,348
2,726,440
2,034,805
2,320,289
2,170,420
2,653,535
2,650,335
3,151,873
3,456,672
2,653,917
2,878,976
Other Income Or Grants
Cost Of Sales
1,947,633
1,897,527
1,769,554
1,503,030
2,002,091
1,469,950
1,677,329
1,537,614
1,908,027
1,917,143
2,327,861
2,458,476
1,823,930
1,982,349
Gross Profit
729,046
689,471
663,973
554,318
724,349
564,855
642,960
632,806
745,507
733,192
824,012
998,196
829,987
896,627
Admin Expenses
681,711
716,418
632,385
459,694
595,968
650,677
626,772
804,886
621,349
685,687
858,697
816,276
804,205
886,220
-107,934
Operating Profit
47,335
-26,947
31,588
94,624
128,381
-85,822
16,188
-172,080
124,158
47,505
-34,685
181,920
25,782
10,407
107,934
Interest Payable
42,614
40,966
16,648
3,640
8,680
10,303
5,264
Interest Receivable
11,825
9,007
417
269
1,173
1,420
539
632
1,232
457
595
813
627
490
187
Pre-Tax Profit
16,545
-58,906
15,357
94,893
129,554
-84,402
16,727
-171,448
125,390
47,962
-34,090
179,093
17,728
594
102,857
Tax
-4,136
-2,918
-18,030
-24,615
-3,178
-25,078
-10,072
-42,982
-4,609
-166
-28,800
Profit After Tax
12,409
-58,906
12,439
76,863
104,939
-84,402
13,549
-171,448
100,312
37,890
-34,090
136,111
13,119
428
74,057
Dividends Paid
Retained Profit
12,409
-58,906
12,439
76,863
104,939
-84,402
13,549
-171,448
100,312
37,890
-34,090
136,111
13,119
428
74,057
Employee Costs
590,660
610,224
596,169
622,684
745,716
602,004
534,991
536,146
581,138
564,379
682,782
777,308
661,862
764,089
Number Of Employees
14
15
15
16
18
15
15
15
16
16
20
24
20
23
EBITDA*
82,078
21,741
116,308
143,789
174,012
-32,340
63,490
-124,272
182,114
93,098
10,460
228,545
68,677
41,207
141,852
* 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
90,635
141,279
288,628
298,393
218,842
226,640
229,677
178,293
194,500
208,817
151,145
161,674
429,085
437,275
403,472
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
90,635
141,279
288,628
298,393
218,842
226,640
229,677
178,293
194,500
208,817
151,145
161,674
429,085
437,275
403,472
Stock & work in progress
251,045
235,000
225,000
145,000
150,000
134,686
81,450
129,736
28,000
18,000
71,000
24,500
38,497
74,216
19,696
Trade Debtors
479,550
490,583
504,187
335,509
477,179
286,681
391,857
302,527
524,370
452,543
517,498
556,567
465,050
449,816
569,803
Group Debtors
Misc Debtors
330,164
121,741
191,527
36,489
42,880
106,406
49,309
48,291
43,546
Cash
156,895
293,564
507,097
326,003
211,680
101,209
277,414
153,966
351,787
141,162
41,792
196,101
129,180
121,468
74,672
misc current assets
total current assets
1,217,654
1,140,888
1,427,811
843,001
881,739
628,982
800,030
634,520
947,703
611,705
630,290
777,168
632,727
645,500
664,171
total assets
1,308,289
1,282,167
1,716,439
1,141,394
1,100,581
855,622
1,029,707
812,813
1,142,203
820,522
781,435
938,842
1,061,812
1,082,775
1,067,643
Bank overdraft
Bank loan
135,000
135,000
80,833
8,472
6,928
6,688
Trade Creditors
293,028
259,167
218,501
235,769
320,154
347,886
315,677
240,817
402,123
520,892
575,535
689,517
460,138
445,873
477,389
Group/Directors Accounts
other short term finances
hp & lease commitments
69,320
26,746
27,586
30,136
32,670
26,666
other current liabilities
451,174
292,852
534,542
422,045
445,651
284,828
427,334
328,597
321,714
354,303
352,748
312,148
total current liabilities
879,202
687,019
833,876
727,134
792,551
660,300
773,147
602,084
750,503
520,892
575,535
689,517
822,913
805,549
796,225
loans
175,291
312,290
465,000
103,535
148,143
155,268
hp & lease commitments
88,712
71,169
46,644
22,974
30,590
15,432
20,919
22,460
Accruals and Deferred Income
other liabilities
5,440
41,085
97,960
99,825
39,160
1,652
provisions
14,086
19,912
38,836
46,107
27,853
37,627
38,988
30,376
32,283
31,955
15,275
22,958
19,327
20,678
18,633
total long term liabilities
194,817
373,287
601,796
145,932
116,565
108,796
85,632
53,350
62,873
71,115
15,275
24,610
138,294
189,740
196,361
total liabilities
1,074,019
1,060,306
1,435,672
873,066
909,116
769,096
858,779
655,434
813,376
592,007
590,810
714,127
961,207
995,289
992,586
net assets
234,270
221,861
280,767
268,328
191,465
86,526
170,928
157,379
328,827
228,515
190,625
224,715
100,605
87,486
75,057
total shareholders funds
234,270
221,861
280,767
268,328
191,465
86,526
170,928
157,379
328,827
228,515
190,625
224,715
100,605
87,486
75,057
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
47,335
-26,947
31,588
94,624
128,381
-85,822
16,188
-172,080
124,158
47,505
-34,685
181,920
25,782
10,407
107,934
Depreciation
34,743
48,688
84,720
49,165
45,631
53,482
47,302
47,808
57,956
45,593
45,145
46,625
42,895
30,800
33,918
Amortisation
Tax
-4,136
-2,918
-18,030
-24,615
-3,178
-25,078
-10,072
-42,982
-4,609
-166
-28,800
Stock
16,045
10,000
80,000
-5,000
15,314
53,236
-48,286
101,736
10,000
-53,000
46,500
-13,997
-35,719
54,520
19,696
Debtors
197,390
-83,390
323,716
-148,061
126,972
-48,079
90,348
-217,098
115,373
-64,955
-39,069
91,517
15,234
-119,987
569,803
Creditors
33,861
40,666
-17,268
-84,385
-27,732
32,209
74,860
-161,306
-118,769
-54,643
-113,982
229,379
14,265
-31,516
477,389
Accruals and Deferred Income
158,322
-241,690
112,497
-23,606
160,823
-142,506
98,737
6,883
321,714
-354,303
1,555
40,600
312,148
Deferred Taxes & Provisions
-5,826
-18,924
-7,271
18,254
-9,774
-1,361
8,612
-1,907
328
16,680
-7,683
3,631
-1,351
2,045
18,633
Cash flow from operations
50,864
-124,817
-202,368
189,083
130,428
-149,155
200,459
-165,240
234,936
163,018
-118,636
-13,250
99,022
117,637
331,723
Investing Activities
capital expenditure
15,901
98,661
-74,955
-128,716
-37,833
-50,445
-98,686
-31,601
-43,639
-103,265
-34,616
220,786
-34,705
-64,603
-437,390
Change in Investments
cash flow from investments
15,901
98,661
-74,955
-128,716
-37,833
-50,445
-98,686
-31,601
-43,639
-103,265
-34,616
220,786
-34,705
-64,603
-437,390
Financing Activities
Bank loans
54,167
80,833
-8,472
1,544
240
6,688
Group/Directors Accounts
Other Short Term Loans
Long term loans
-136,999
-152,710
465,000
-103,535
-44,608
-7,125
155,268
Hire Purchase and Lease Commitments
-69,320
-46,138
16,703
21,975
21,136
-1,612
57,256
-15,432
-5,487
-1,541
22,460
other long term liabilities
-35,645
-56,875
-1,865
99,825
-39,160
39,160
-1,652
1,652
share issue
-12,001
12,001
1,000
interest
-30,789
-31,959
-16,231
269
1,173
1,420
539
632
1,232
457
595
-2,827
-8,053
-9,813
-5,077
cash flow from financing
-203,433
-187,377
458,417
53,956
17,876
23,395
21,675
-980
19,328
39,617
-1,057
-140,615
-56,604
-6,238
180,339
cash and cash equivalents
cash
-136,669
-213,533
181,094
114,323
110,471
-176,205
123,448
-197,821
210,625
99,370
-154,309
66,921
7,712
46,796
74,672
overdraft
change in cash
-136,669
-213,533
181,094
114,323
110,471
-176,205
123,448
-197,821
210,625
99,370
-154,309
66,921
7,712
46,796
74,672
axess 2 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 axess 2 limited. Get real-time insights into axess 2 limited's credit score, group structure and payment trends.
Perform a competitor analysis for axess 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PR5 area or any other competitors across 12 key performance metrics.
axess 2 limited Ownership
AXESS 2 LIMITED group structure
Axess 2 Limited has no subsidiary companies.
Ultimate parent company
AXESS 2 LIMITED
05268783
AXESS 2 LIMITED Shareholders
The largest shareholders in Axess 2 Limited include Darren Cardwell and Natalie Rebecca Cardwell.
darren cardwell
50%
natalie rebecca cardwell
50%
axess 2 limited directors
Axess 2 Limited currently has 1 director, Mr Darren Cardwell serving since Oct 2004.
20 roundhouse court, south rings business park, preston, PR5 6DA
Bank
HANDELSBANKEN
Legal Advisor
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axess 2 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 3 charges/mortgages relating to axess 2 limited. Currently there are 3 open charges and 0 have been satisfied in the past.
axess 2 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.
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axess 2 limitedCompanies House Filings - See Documents
