srx limited
srx limited Company Information
Company Number
06897320
Website
www.srxglobal.comRegistered Address
faulkner house victoria street, st albans, herts, AL1 3SE
Industry
Wireless telecommunications activities
Telephone
-
Next Accounts Due
633 days late
Group Structure
View All
Shareholders
gudmundur palmason 50%
ingvi tomasson 50%
srx limited Estimated Valuation
Pomanda estimates the enterprise value of SRX LIMITED at £2.1m based on a Turnover of £2.5m and 0.84x industry multiple (adjusted for size and gross margin).
srx limited Estimated Valuation
Pomanda estimates the enterprise value of SRX LIMITED at £337.1k based on an EBITDA of £102.5k and a 3.29x industry multiple (adjusted for size and gross margin).
srx limited Estimated Valuation
Pomanda estimates the enterprise value of SRX LIMITED at £0 based on Net Assets of £-1.3m and 2.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Srx Limited Overview
Srx Limited is a live company located in herts, AL1 3SE with a Companies House number of 06897320. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in May 2009, it's largest shareholder is gudmundur palmason with a 50% stake. Srx Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Srx Limited Health Check
Pomanda's financial health check has awarded Srx Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£6.7m)
- Srx Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (1.7%)
- Srx Limited
1.7% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (39.6%)
- Srx Limited
39.6% - Industry AVG
Profitability
an operating margin of 4.1% make it as profitable than the average company (3.7%)
- Srx Limited
3.7% - Industry AVG
Employees
with 13 employees, this is below the industry average (30)
- Srx Limited
30 - Industry AVG
Pay Structure
on an average salary of £64k, the company has an equivalent pay structure (£64k)
- Srx Limited
£64k - Industry AVG
Efficiency
resulting in sales per employee of £191.4k, this is equally as efficient (£194.9k)
- Srx Limited
£194.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (47 days)
- Srx Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 327 days, this is slower than average (41 days)
- Srx Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Srx Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Srx Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174%, this is a higher level of debt than the average (68.5%)
174% - Srx Limited
68.5% - Industry AVG
SRX LIMITED financials
Srx Limited's latest turnover from December 2020 is estimated at £2.5 million and the company has net assets of -£1.3 million. According to their latest financial statements, we estimate that Srx Limited has 13 employees and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1,771,842 | 337,449 | ||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||
| Cost Of Sales | 1,713,813 | 335,918 | ||||||||||
| Gross Profit | 58,029 | 1,531 | ||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||
| Interest Receivable | 0 | 0 | ||||||||||
| Pre-Tax Profit | -31,186 | -2,249 | ||||||||||
| Tax | 0 | 0 | ||||||||||
| Profit After Tax | -31,186 | -2,249 | ||||||||||
| Dividends Paid | 0 | 0 | ||||||||||
| Retained Profit | -31,186 | -2,249 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 3,280 | 4,756 | 3,294 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,170 | 71,813 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79,450 | 76,569 | 3,294 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 21,779 | 177,337 | 412,576 | 96,406 | 29,935 | 220,051 | 0 |
| Trade Debtors | 120 | 97,651 | 163,047 | 140,409 | 217,115 | 138,040 | 1,048,594 | 1,003,967 | 1,597,098 | 1,577,115 | 1,117,426 | 669,685 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,786,421 | 1,720,393 | 3,773,531 | 1,557,189 | 1,617,785 | 1,166,862 | 0 | 0 | 0 | 0 | 0 | 1,209 |
| Cash | 2,219 | 6,373 | 5,083 | 12,100 | 2,630 | 10,619 | 4,620 | 6,010 | 13,371 | 206,246 | 488,057 | 1,390 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,788,760 | 1,824,417 | 3,941,661 | 1,709,698 | 1,837,530 | 1,337,300 | 1,230,551 | 1,422,553 | 1,706,875 | 1,813,296 | 1,825,534 | 672,284 |
| total assets | 1,788,760 | 1,824,417 | 3,941,661 | 1,709,698 | 1,837,530 | 1,337,300 | 1,230,551 | 1,502,003 | 1,783,444 | 1,816,590 | 1,825,534 | 672,284 |
| Bank overdraft | 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 |
| Trade Creditors | 1,347,220 | 1,493,867 | 1,516,847 | 1,477,232 | 2,018,905 | 1,396,808 | 1,275,073 | 1,441,624 | 1,661,949 | 1,302,385 | 1,183,565 | 3,848 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,000 | 9,000 | 2,148,956 | 3,990 | 5,245 | 17,862 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,352,220 | 1,502,867 | 3,665,803 | 1,481,222 | 2,024,150 | 1,414,670 | 1,275,073 | 1,441,624 | 1,661,949 | 1,302,385 | 1,183,565 | 3,848 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 669,685 |
| hp & lease commitments | 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 |
| other liabilities | 1,761,069 | 1,729,105 | 1,760,890 | 1,618,233 | 1,084,332 | 945,109 | 893,893 | 775,802 | 720,199 | 691,422 | 674,404 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,761,069 | 1,729,105 | 1,760,890 | 1,618,233 | 1,084,332 | 945,109 | 893,893 | 775,802 | 720,199 | 691,422 | 674,404 | 669,685 |
| total liabilities | 3,113,289 | 3,231,972 | 5,426,693 | 3,099,455 | 3,108,482 | 2,359,779 | 2,168,966 | 2,217,426 | 2,382,148 | 1,993,807 | 1,857,969 | 673,533 |
| net assets | -1,324,529 | -1,407,555 | -1,485,032 | -1,389,757 | -1,270,952 | -1,022,479 | -938,415 | -715,423 | -598,704 | -177,217 | -32,435 | -1,249 |
| total shareholders funds | -1,324,529 | -1,407,555 | -1,485,032 | -1,389,757 | -1,270,952 | -1,022,479 | -938,415 | -715,423 | -598,704 | -177,217 | -32,435 | -1,249 |
| 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 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 3,280 | 1,476 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | -21,779 | -155,558 | -235,239 | 316,170 | 66,471 | -190,116 | 220,051 | 0 |
| Debtors | -31,503 | -2,118,534 | 2,238,980 | -137,302 | 529,998 | 256,308 | 44,627 | -593,131 | 19,983 | 459,689 | 446,532 | 670,894 |
| Creditors | -146,647 | -22,980 | 39,615 | -541,673 | 622,097 | 121,735 | -166,551 | -220,325 | 359,564 | 118,820 | 1,179,717 | 3,848 |
| Accruals and Deferred Income | -4,000 | -2,139,956 | 2,144,966 | -1,255 | -12,617 | 17,862 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -76,170 | 4,357 | 71,813 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 | -669,685 | 669,685 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 31,964 | -31,785 | 142,657 | 533,901 | 139,223 | 51,216 | 118,091 | 55,603 | 28,777 | 17,018 | 674,404 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | ||||||||||
| cash flow from financing | 4,719 | 670,685 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -4,154 | 1,290 | -7,017 | 9,470 | -7,989 | 5,999 | -1,390 | -7,361 | -192,875 | -281,811 | 486,667 | 1,390 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,154 | 1,290 | -7,017 | 9,470 | -7,989 | 5,999 | -1,390 | -7,361 | -192,875 | -281,811 | 486,667 | 1,390 |
srx limited Credit Report and Business Information
Srx Limited Competitor Analysis
Perform a competitor analysis for srx limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
srx limited Ownership
SRX LIMITED group structure
Srx Limited has no subsidiary companies.
Ultimate parent company
SRX LIMITED
06897320
srx limited directors
Srx Limited currently has 2 directors. The longest serving directors include Mr Ingvi Tomasson (May 2009) and Mr Gudmundur Palmason (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ingvi Tomasson | Iceland | 56 years | May 2009 | - | Director |
| Mr Gudmundur Palmason | 210 Iceland | 56 years | May 2009 | - | Director |
P&L
December 2020turnover
2.5m
-23%
operating profit
102.5k
0%
gross margin
39.6%
+1.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-1.3m
-0.06%
total assets
1.8m
-0.02%
cash
2.2k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
srx limited company details
company number
06897320
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
incorporation date
May 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
faulkner house victoria street, st albans, herts, AL1 3SE
last accounts submitted
December 2020
srx 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 did not find charges/mortgages relating to srx limited.
srx limited Companies House Filings - See Documents
| date | description | view/download |
|---|
