Pomanda estimates the enterprise value of X1 DEVELOPMENTS LTD at £549.2k based on a Turnover of £1.1m and 0.51x industry multiple (adjusted for size and gross margin).
x1 developments ltdEstimated Valuation
£96.5k
Pomanda estimates the enterprise value of X1 DEVELOPMENTS LTD at £96.5k based on an EBITDA of £26.6k and a 3.63x industry multiple (adjusted for size and gross margin).
x1 developments ltdEstimated Valuation
£13.3m
Pomanda estimates the enterprise value of X1 DEVELOPMENTS LTD at £13.3m based on Net Assets of £5.6m and 2.37x industry multiple (adjusted for liquidity).
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X1 Developments LtdOverview
X1 Developments Ltd is a live company located in merseyside, L1 5JW with a Companies House number of 07065987. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2009, it's largest shareholder is
lightoak investments limited
with a 100% stake. X1 Developments Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded X1 Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3.8m)
£1.1m - X1 Developments Ltd
£3.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - X1 Developments Ltd
- - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
37.8% - X1 Developments Ltd
37.8% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (6%)
2.5% - X1 Developments Ltd
6% - Industry AVG
Employees
with 7 employees, this is below the industry average (23)
7 - X1 Developments Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
£48.8k - X1 Developments Ltd
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £154.5k, this is equally as efficient (£154.5k)
£154.5k - X1 Developments Ltd
£154.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - X1 Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - X1 Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - X1 Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - X1 Developments Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.4%, this is a higher level of debt than the average (61.6%)
79.4% - X1 Developments Ltd
61.6% - Industry AVG
X1 DEVELOPMENTS LTD financials
EXPORT
X1 Developments Ltd's latest turnover from November 2023 is estimated at £1.1 million and the company has net assets of £5.6 million. According to their latest financial statements, X1 Developments Ltd has 7 employees and maintains cash reserves of £64.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Turnover
1,081,766
698,125
29,578,950
58,774,019
73,475,240
51,309,250
20,478,082
3,459,801
561,894
1,227,941
Other Income Or Grants
Cost Of Sales
672,918
431,776
283,253
28,169,428
55,971,148
69,848,611
48,991,679
13,180,487
2,165,396
346,204
735,134
Gross Profit
408,848
266,349
-283,253
1,409,522
2,802,871
3,626,629
2,317,571
7,297,595
1,294,405
215,690
492,807
Admin Expenses
382,370
298,835
-295,000
-257,316
-16,020
595,717
2,465,950
1,017,584
1,309,241
7,222,757
1,295,838
236,224
475,556
Operating Profit
26,478
-32,486
295,000
257,316
-267,233
813,805
336,921
2,609,045
1,008,330
74,838
-1,433
-20,534
17,251
Interest Payable
12,319
11,608
8,632
7,493
5,046
7,807
4,635
9,447
8,970
6,968
3,575
Interest Receivable
1,718
125
7
16
270,455
214,915
152,381
91,545
110,261
645
211
206
9
Pre-Tax Profit
15,877
-43,968
286,374
249,838
-1,824
1,020,913
484,667
2,691,143
1,109,621
68,516
-4,797
-20,328
17,260
Tax
-3,969
-54,411
-47,469
5,700
4,240
-135,329
135,600
-218,359
-15,759
-4,833
Profit After Tax
11,908
-43,968
231,963
202,369
3,876
1,025,153
349,338
2,826,743
891,262
52,757
-4,797
-20,328
12,427
Dividends Paid
Retained Profit
11,908
-43,968
231,963
202,369
3,876
1,025,153
349,338
2,826,743
891,262
52,757
-4,797
-20,328
12,427
Employee Costs
341,833
228,676
50,000
283,827
373,839
60,857
170,518
5,669,783
997,492
181,782
354,679
Number Of Employees
7
5
2
36
41
24
3
152
27
5
10
EBITDA*
26,560
-31,875
298,459
264,046
-257,542
827,013
355,007
2,630,477
1,027,221
85,318
576
-19,536
17,251
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Tangible Assets
174
256
867
4,326
8,965
18,656
31,864
22,237
31,198
23,414
7,728
202,992
Intangible Assets
Investments & Other
230,000
230,000
230,000
170,000
170,000
200,000
200,000
200,000
200,001
200,001
200,001
Debtors (Due After 1 year)
Total Fixed Assets
230,174
230,256
230,867
174,326
178,965
218,656
231,864
222,237
231,199
223,415
207,729
202,992
Stock & work in progress
856,932
Trade Debtors
2,382,921
437,180
119,297
Group Debtors
10,586,689
9,690,999
8,645,916
8,891,884
6,851,353
5,388,213
7,053,107
5,274,017
4,001,841
Misc Debtors
16,342,572
14,476,056
12,216,596
10,758,376
10,061,806
8,266,718
6,872,702
3,867,023
3,225,535
Cash
64,650
789
7,560
5,709
26,156
21,464
10,603
68,381
51,670
252,577
5,437
79,048
3,533
misc current assets
338
164,270
total current assets
26,993,911
24,167,844
20,870,072
19,655,969
16,939,315
13,676,733
13,936,412
9,209,421
7,279,046
3,492,430
442,617
79,048
287,100
total assets
27,224,085
24,398,100
21,100,939
19,830,295
17,118,280
13,895,389
14,168,276
9,431,658
7,510,245
3,715,845
650,346
282,040
287,100
Bank overdraft
24,160
29,060
13,920
8,738
Bank loan
5,963
5,813
8,399
2,356
5,000
Trade Creditors
3,463,370
1,183,270
1,580,763
3,474,386
470,645
92,869
274,672
Group/Directors Accounts
20,649,612
17,827,543
15,158,902
14,250,171
11,816,929
8,454,322
5,901,164
4,090,650
4,465,879
other short term finances
hp & lease commitments
other current liabilities
838,869
829,063
135,422
61,553
26,411
128,339
509,755
204,690
334,941
total current liabilities
21,512,641
18,685,666
15,308,244
14,320,462
11,849,303
8,588,474
9,882,688
5,480,966
6,386,583
3,474,386
470,645
92,869
274,672
loans
76,440
89,338
125,631
134,732
96,245
102,359
105,585
120,027
119,740
104,398
109,993
hp & lease commitments
Accruals and Deferred Income
other liabilities
23,201
22,405
137,071
provisions
17,100
17,100
17,100
5,700
5,700
11,400
12,000
12,000
12,000
13,800
total long term liabilities
93,540
106,438
142,731
140,432
101,945
113,759
117,585
132,027
131,740
141,399
132,398
137,071
total liabilities
21,606,181
18,792,104
15,450,975
14,460,894
11,951,248
8,702,233
10,000,273
5,612,993
6,518,323
3,615,785
603,043
229,940
274,672
net assets
5,617,904
5,605,996
5,649,964
5,369,401
5,167,032
5,193,156
4,168,003
3,818,665
991,922
100,060
47,303
52,100
12,428
total shareholders funds
5,617,904
5,605,996
5,649,964
5,369,401
5,167,032
5,193,156
4,168,003
3,818,665
991,922
100,060
47,303
52,100
12,428
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Operating Activities
Operating Profit
26,478
-32,486
295,000
257,316
-267,233
813,805
336,921
2,609,045
1,008,330
74,838
-1,433
-20,534
17,251
Depreciation
82
611
3,459
6,730
9,691
13,208
18,086
21,432
18,891
10,480
2,009
998
Amortisation
Tax
-3,969
-54,411
-47,469
5,700
4,240
-135,329
135,600
-218,359
-15,759
-4,833
Stock
856,932
Debtors
2,762,206
3,304,543
1,212,252
2,737,101
3,258,228
-270,878
4,784,769
1,913,664
7,227,376
1,945,741
437,180
-119,297
119,297
Creditors
-3,463,370
2,280,100
-397,493
1,580,763
3,003,741
377,776
-181,803
274,672
Accruals and Deferred Income
9,806
693,641
73,869
35,142
-101,928
-381,416
305,065
-130,251
334,941
Deferred Taxes & Provisions
11,400
-5,700
-600
12,000
13,800
Cash flow from operations
-2,729,809
-2,642,777
-882,935
-2,485,382
-3,617,698
-2,743,255
-1,979,926
324,669
-4,490,810
284,427
-58,828
-82,042
167,793
Investing Activities
capital expenditure
-2,091
-27,713
-12,470
-26,675
-26,166
193,255
-203,990
Change in Investments
60,000
-30,000
-1
200,001
200,001
cash flow from investments
-60,000
-2,091
30,000
-27,713
-12,469
-226,676
-26,166
-6,746
-203,990
Financing Activities
Bank loans
-5,963
150
-2,586
6,043
-2,644
5,000
Group/Directors Accounts
2,822,069
2,668,641
908,731
2,433,242
3,362,607
2,553,158
1,810,514
-375,229
4,465,879
Other Short Term Loans
Long term loans
-12,898
-36,293
-9,101
38,487
-6,114
-3,226
-14,442
287
119,740
-5,595
109,993
Hire Purchase and Lease Commitments
other long term liabilities
796
-114,666
137,071
share issue
48,600
-30,000
100,660
60,000
1
interest
-10,601
-11,483
-8,625
-7,477
265,409
207,108
147,746
82,098
101,291
-6,323
-3,364
206
9
cash flow from financing
2,798,570
2,620,865
939,605
2,458,289
3,592,052
2,754,454
1,949,861
-295,488
4,792,570
-11,122
-8,037
197,277
10
cash and cash equivalents
cash
63,861
-6,771
1,851
-20,447
4,692
10,861
-57,778
16,711
51,670
247,140
-73,611
75,515
3,533
overdraft
-4,900
15,140
5,182
8,738
change in cash
68,761
-21,911
-3,331
-29,185
4,692
10,861
-57,778
16,711
51,670
247,140
-73,611
75,515
3,533
x1 developments ltd 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 x1 developments ltd. Get real-time insights into x1 developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for x1 developments ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in L 1 area or any other competitors across 12 key performance metrics.
x1 developments ltd Ownership
X1 DEVELOPMENTS LTD group structure
X1 Developments Ltd has no subsidiary companies.
Ultimate parent company
LIGHTOAK INVESTMENTS LTD
#0094686
1 parent
X1 DEVELOPMENTS LTD
07065987
X1 DEVELOPMENTS LTD Shareholders
The sole shareholder of X1 Developments Ltd is Lightoak Investments Limited.
lightoak investments limited
100%
x1 developments ltd directors
X1 Developments Ltd currently has 1 director, Mrs Lisa Smith serving since Nov 2009.
82990 - Other business support service activities n.e.c.
incorporation date
November 2009
age
16
incorporated
UK
ultimate parent company
LIGHTOAK INVESTMENTS LTD
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
decided fact limited (August 2012)
accountant
COBHAM MURPHY PHD LIMITED
auditor
-
address
116 duke street, liverpool, merseyside, L1 5JW
Bank
-
Legal Advisor
-
x1 developments ltd 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 4 charges/mortgages relating to x1 developments ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
x1 developments ltd 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 X1 DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
x1 developments ltdCompanies House Filings - See Documents
