axis uk services limited
axis uk services limited Company Information
Company Number
05745749
Website
https://www.novae.comRegistered Address
52 lime street, london, EC3M 7AF
Industry
Other business support service activities n.e.c.
Telephone
02070509000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
novae group limited 100%
axis uk services limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS UK SERVICES LIMITED at £146.6m based on a Turnover of £106.7m and 1.37x industry multiple (adjusted for size and gross margin).
axis uk services limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS UK SERVICES LIMITED at £0 based on an EBITDA of £-178.1k and a 10.68x industry multiple (adjusted for size and gross margin).
axis uk services limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS UK SERVICES LIMITED at £34.9m based on Net Assets of £13.5m and 2.58x industry multiple (adjusted for liquidity).
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Axis Uk Services Limited Overview
Axis Uk Services Limited is a live company located in london, EC3M 7AF with a Companies House number of 05745749. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2006, it's largest shareholder is novae group limited with a 100% stake. Axis Uk Services Limited is a established, mega sized company, Pomanda has estimated its turnover at £106.7m with rapid growth in recent years.
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Axis Uk Services Limited Health Check
Pomanda's financial health check has awarded Axis Uk Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £106.7m, make it larger than the average company (£3.8m)
£106.7m - Axis Uk Services Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (3%)
38% - Axis Uk Services Limited
3% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
38.7% - Axis Uk Services Limited
38.7% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6.3%)
-0.2% - Axis Uk Services Limited
6.3% - Industry AVG
Employees
with 392 employees, this is above the industry average (25)
392 - Axis Uk Services Limited
25 - Industry AVG
Pay Structure
on an average salary of £192.2k, the company has a higher pay structure (£50.5k)
£192.2k - Axis Uk Services Limited
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £272.1k, this is more efficient (£158k)
£272.1k - Axis Uk Services Limited
£158k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Axis Uk Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Axis Uk Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Axis Uk Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (24 weeks)
17 weeks - Axis Uk Services Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (63.7%)
73% - Axis Uk Services Limited
63.7% - Industry AVG
AXIS UK SERVICES LIMITED financials
Axis Uk Services Limited's latest turnover from December 2022 is £106.7 million and the company has net assets of £13.5 million. According to their latest financial statements, Axis Uk Services Limited has 392 employees and maintains cash reserves of £12.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 106,666,936 | 28,483,060 | 34,296,044 | 40,447,750 | 74,477,000 | 88,667,000 | 91,659,000 | 82,597,000 | 72,274,000 | 66,076,000 | 59,087,000 | 71,686,000 | 59,749,220 | 50,434,054 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 0 | 0 | 0 | -22,071 | 8,379 | |||||||||
| Interest Payable | 0 | 2,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 94,606 | 0 | 65,805 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 1,000 | 2,000 | 1,593 | 9,790 |
| Pre-Tax Profit | 1,301,852 | 388,938 | 1,035,827 | 1,430,456 | 6,668,000 | -6,458,000 | 0 | 0 | 1,000 | 0 | 1,000 | 2,000 | -20,478 | 18,169 |
| Tax | -1,239,589 | 794,049 | -1,195,061 | -416,239 | -1,863,000 | 1,057,000 | -380,000 | -314,000 | 0 | -865,000 | -341,000 | -100,000 | -151,000 | 785,000 |
| Profit After Tax | 62,262 | 1,182,987 | -159,233 | 1,014,217 | 4,805,000 | -5,401,000 | -380,000 | -314,000 | 1,000 | -865,000 | -340,000 | -98,000 | -171,478 | 803,169 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 62,262 | 1,182,987 | -159,233 | 1,014,217 | 4,805,000 | -5,401,000 | -380,000 | -314,000 | 1,000 | -865,000 | -340,000 | -98,000 | -171,478 | 803,169 |
| Employee Costs | 75,341,635 | 20,401,067 | 21,927,045 | 24,015,829 | 42,353,000 | 47,425,000 | 51,187,000 | 0 | 0 | 0 | 0 | 44,302,000 | 0 | 33,986,272 |
| Number Of Employees | 392 | 141 | 159 | 190 | 268 | 367 | 360 | 263 | 265 | 268 | 263 | 225 | ||
| EBITDA* | 1,150,000 | 0 | 0 | 1,377,443 | 8,379 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 6,194,000 | 9,423,000 | 10,472,000 | 9,333,000 | 880,000 | 768,000 | 912,000 | 1,032,000 | 1,505,719 | 1,161,265 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158,000 | 0 | 0 | 0 | 0 | 0 | 785,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 6,194,000 | 9,423,000 | 10,472,000 | 9,491,000 | 880,000 | 768,000 | 912,000 | 1,032,000 | 1,505,719 | 1,946,265 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 31,145,791 | 12,857,604 | 8,222,438 | 43,522,643 | 24,805,000 | 8,631,000 | 8,119,000 | 9,054,000 | 10,793,000 | 241,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,679,873 | 5,315,759 | 3,581,119 | 2,720,211 | 3,864,000 | 4,295,000 | 4,036,000 | 3,799,000 | 3,021,000 | 2,503,000 | 3,410,000 | 4,383,000 | 3,767,280 | 2,196,623 |
| Cash | 12,213,956 | 2,355,462 | 6,218,214 | 8,198,007 | 10,438,000 | 1,973,000 | 2,518,000 | 917,000 | 678,000 | 489,000 | 1,214,000 | 399,000 | 425,326 | 197,532 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,039,622 | 20,528,827 | 18,021,773 | 54,440,862 | 39,107,000 | 14,899,000 | 14,673,000 | 13,770,000 | 14,492,000 | 3,233,000 | 4,624,000 | 4,782,000 | 4,192,606 | 2,394,155 |
| total assets | 50,039,622 | 20,528,827 | 18,021,773 | 54,440,862 | 45,301,000 | 24,322,000 | 25,145,000 | 23,261,000 | 15,372,000 | 4,001,000 | 5,536,000 | 5,814,000 | 5,698,325 | 4,340,420 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,536,832 | 11,638,231 | 10,712,487 | 43,107,870 | 29,248,000 | 8,443,000 | 8,968,000 | 8,775,000 | 2,000,000 | 2,483,000 | 3,000,000 | 2,826,000 | 3,300,000 | 2,000,000 |
| other short term finances | 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 |
| other current liabilities | 32,991,833 | 10,158,486 | 9,771,711 | 13,410,523 | 19,333,000 | 17,348,000 | 18,703,000 | 16,833,000 | 14,861,000 | 2,766,000 | 2,247,000 | 2,359,000 | 1,671,677 | 1,442,294 |
| total current liabilities | 36,528,665 | 21,796,717 | 20,484,199 | 56,518,394 | 48,581,000 | 25,791,000 | 27,671,000 | 25,608,000 | 16,861,000 | 5,249,000 | 5,247,000 | 5,185,000 | 4,971,677 | 3,442,294 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 6,458,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 6,458,000 | 0 | 0 | 489,000 | 165,000 | 0 | 0 | 0 | 0 |
| total liabilities | 36,528,665 | 21,796,717 | 20,484,199 | 56,518,394 | 48,581,000 | 32,249,000 | 27,671,000 | 25,608,000 | 17,350,000 | 5,414,000 | 5,247,000 | 5,185,000 | 4,971,677 | 3,442,294 |
| net assets | 13,510,957 | -1,267,890 | -2,462,426 | -2,077,532 | -3,280,000 | -7,927,000 | -2,526,000 | -2,347,000 | -1,978,000 | -1,413,000 | 289,000 | 629,000 | 726,648 | 898,126 |
| total shareholders funds | 13,510,957 | -1,267,890 | -2,462,426 | -2,077,532 | -3,280,000 | -7,927,000 | -2,526,000 | -2,347,000 | -1,978,000 | -1,413,000 | 289,000 | 629,000 | 726,648 | 898,126 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | 0 | -22,071 | 8,379 | |||||||||
| Depreciation | 0 | 0 | 0 | 5,628,756 | 3,443,000 | 2,749,000 | 2,078,000 | 712,000 | 476,000 | 1,150,000 | 1,399,514 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -1,239,589 | 794,049 | -1,195,061 | -416,239 | -1,863,000 | 1,057,000 | -380,000 | -314,000 | 0 | -865,000 | -341,000 | -100,000 | -151,000 | 785,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 19,652,301 | 6,369,806 | -34,439,297 | 17,573,855 | 15,743,000 | 771,000 | -698,000 | -961,000 | 11,070,000 | -666,000 | -973,000 | 615,720 | 1,570,657 | 2,196,623 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 22,833,347 | 386,775 | -3,638,812 | -5,922,477 | 1,985,000 | -1,355,000 | 1,870,000 | 1,972,000 | 12,095,000 | 519,000 | -112,000 | 687,323 | 229,383 | 1,442,294 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -6,458,000 | 6,458,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,470,000 | -114,831 | 39,050 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -158,000 | 158,000 | 0 | 0 | 0 | 0 | -785,000 | 785,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -8,101,399 | 925,744 | -32,395,384 | 13,859,870 | 20,805,000 | -525,000 | 193,000 | 6,775,000 | -483,000 | -517,000 | 174,000 | -474,000 | 1,300,000 | 2,000,000 |
| Other Short Term Loans | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 94,606 | -2,426 | 65,805 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 1,000 | 2,000 | 1,593 | 9,790 |
| cash flow from financing | 6,709,792 | 934,867 | -32,555,240 | 14,048,121 | 20,647,000 | -525,000 | 394,000 | 6,720,000 | -1,048,000 | -1,354,000 | 175,000 | -471,648 | 1,301,593 | 2,104,747 |
| cash and cash equivalents | ||||||||||||||
| cash | 9,858,494 | -3,862,752 | -1,979,792 | -2,239,993 | 8,465,000 | -545,000 | 1,601,000 | 239,000 | 189,000 | -725,000 | 815,000 | -26,326 | 227,794 | 197,532 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 9,858,494 | -3,862,752 | -1,979,792 | -2,239,993 | 8,465,000 | -545,000 | 1,601,000 | 239,000 | 189,000 | -725,000 | 815,000 | -26,326 | 227,794 | 197,532 |
axis uk services limited Credit Report and Business Information
Axis Uk Services Limited Competitor Analysis
Perform a competitor analysis for axis uk services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC3M area or any other competitors across 12 key performance metrics.
axis uk services limited Ownership
AXIS UK SERVICES LIMITED group structure
Axis Uk Services Limited has no subsidiary companies.
Ultimate parent company
AXIS CAPITAL HOLDINGS LTD
#0045113
2 parents
AXIS UK SERVICES LIMITED
05745749
axis uk services limited directors
Axis Uk Services Limited currently has 3 directors. The longest serving directors include Mr Mark Gregory (Dec 2017) and Ms Sharon Nolan (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Gregory | England | 64 years | Dec 2017 | - | Director |
| Ms Sharon Nolan | United Kingdom | 53 years | May 2022 | - | Director |
| Mr Paul Hibberd | United Kingdom | 48 years | May 2023 | - | Director |
P&L
December 2022turnover
106.7m
+274%
operating profit
-178.1k
0%
gross margin
38.8%
+3.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.5m
-11.66%
total assets
50m
+1.44%
cash
12.2m
+4.19%
net assets
Total assets minus all liabilities
Similar Companies
axis uk services limited company details
company number
05745749
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
novae management limited (November 2018)
novae syndicates limited (May 2006)
incorporated
UK
address
52 lime street, london, EC3M 7AF
last accounts submitted
December 2022
axis uk services 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 axis uk services limited. Currently there are 0 open charges and 3 have been satisfied in the past.
axis uk services limited Companies House Filings - See Documents
| date | description | view/download |
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