Pomanda estimates the enterprise value of NEXT CONNEX LTD. at £2.7m based on a Turnover of £3.2m and 0.84x industry multiple (adjusted for size and gross margin).
next connex ltd.Estimated Valuation
£998.9k
Pomanda estimates the enterprise value of NEXT CONNEX LTD. at £998.9k based on an EBITDA of £272.7k and a 3.66x industry multiple (adjusted for size and gross margin).
next connex ltd.Estimated Valuation
£3.1m
Pomanda estimates the enterprise value of NEXT CONNEX LTD. at £3.1m based on Net Assets of £1.4m and 2.23x industry multiple (adjusted for liquidity).
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Next Connex Ltd.Overview
Next Connex Ltd. is a live company located in london, N14 6BN with a Companies House number of 07070544. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2009, it's largest shareholder is
wifinity limited
with a 100% stake. Next Connex Ltd. is a established,
small sized company, Pomanda has estimated its turnover at
£3.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Next Connex Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£13.9m)
£3.2m - Next Connex Ltd.
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.6%)
0% - Next Connex Ltd.
4.6% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - Next Connex Ltd.
38.8% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (4.2%)
-4.1% - Next Connex Ltd.
4.2% - Industry AVG
Employees
with 12 employees, this is below the industry average (54)
12 - Next Connex Ltd.
54 - Industry AVG
Pay Structure
on an average salary of £66k, the company has an equivalent pay structure (£66k)
£66k - Next Connex Ltd.
£66k - Industry AVG
Efficiency
resulting in sales per employee of £267.5k, this is equally as efficient (£238k)
£267.5k - Next Connex Ltd.
£238k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (40 days)
58 days - Next Connex Ltd.
40 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (43 days)
76 days - Next Connex Ltd.
43 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (14 days)
1 days - Next Connex Ltd.
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (8 weeks)
45 weeks - Next Connex Ltd.
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.9%, this is a lower level of debt than the average (65.7%)
51.9% - Next Connex Ltd.
65.7% - Industry AVG
NEXT CONNEX LTD. financials
EXPORT
Next Connex Ltd.'s latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of £1.4 million. According to their latest financial statements, Next Connex Ltd. has 12 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
Turnover
3,209,989
3,150,186
3,829,689
3,255,272
3,015,858
3,386,250
2,938,913
3,044,201
3,098,347
9,439,602
8,838,126
3,897,065
1,741,194
647,607
Other Income Or Grants
Cost Of Sales
1,963,507
1,918,257
2,391,705
1,970,302
1,771,455
2,042,710
1,781,447
1,813,244
1,895,589
5,850,346
5,662,713
2,394,096
1,068,416
407,032
Gross Profit
1,246,481
1,231,929
1,437,984
1,284,970
1,244,403
1,343,540
1,157,466
1,230,957
1,202,757
3,589,256
3,175,412
1,502,969
672,777
240,575
Admin Expenses
1,378,291
658,504
1,054,226
727,433
651,654
1,105,928
993,156
1,301,255
1,192,281
3,657,878
2,910,275
1,514,782
1,011,093
462,128
Operating Profit
-131,810
573,425
383,758
557,537
592,749
237,612
164,310
-70,298
10,476
-68,622
265,137
-11,813
-338,316
-221,553
Interest Payable
5,577
9,227
9,952
15,014
20,202
23,084
20,779
22,578
14,217
Interest Receivable
68,044
47,781
3,103
1,109
4,876
1,896
835
184
126
80
64
76
182
167
Pre-Tax Profit
-69,344
611,979
376,909
543,632
577,423
216,425
144,367
-92,692
-3,615
-68,542
265,201
-11,737
-338,134
-221,386
Tax
-116,276
-71,613
-103,290
-109,710
-41,121
-27,430
-60,996
Profit After Tax
-69,344
495,703
305,296
440,342
467,713
175,304
116,937
-92,692
-3,615
-68,542
204,205
-11,737
-338,134
-221,386
Dividends Paid
Retained Profit
-69,344
495,703
305,296
440,342
467,713
175,304
116,937
-92,692
-3,615
-68,542
204,205
-11,737
-338,134
-221,386
Employee Costs
792,573
1,039,640
982,264
840,870
795,236
860,407
693,147
661,925
588,128
2,196,162
2,015,528
847,279
390,088
145,362
Number Of Employees
12
16
16
14
13
14
12
12
11
41
39
17
8
3
EBITDA*
272,696
1,033,669
873,456
1,002,058
1,033,080
615,231
527,746
249,456
280,955
139,418
363,322
96,764
-304,650
-215,749
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
Tangible Assets
125,125
295,810
442,005
474,018
442,191
499,818
631,180
651,637
687,087
671,887
643,258
390,061
337,352
91,702
Intangible Assets
787,563
1,092,421
1,405,279
1,464,404
1,485,066
1,515,006
1,557,831
1,567,719
1,521,071
1,524,913
1,212,430
841,812
436,359
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
912,688
1,388,231
1,847,284
1,938,422
1,927,257
2,014,824
2,189,011
2,219,356
2,208,158
2,196,800
1,855,688
1,231,873
773,711
91,702
Stock & work in progress
8,146
5,573
7,455
5,773
9,843
7,900
4,938
9,826
6,173
6,173
6,287
6,287
1,900
Trade Debtors
515,502
396,240
539,591
542,475
504,261
585,600
530,776
512,540
497,166
1,319,889
1,325,985
565,908
174,536
58,700
Group Debtors
Misc Debtors
345,720
1,994,837
1,292,232
901,978
657,097
603,139
573,603
625,234
743,572
52,348
Cash
1,127,680
1,464,456
1,265,878
1,216,607
1,001,365
298,995
206,599
127,390
19,828
30,441
1,378
24,207
6,002
66,648
misc current assets
total current assets
1,997,048
3,861,106
3,105,156
2,666,833
2,172,566
1,495,634
1,315,916
1,274,990
1,266,739
1,408,851
1,333,650
596,402
182,438
125,348
total assets
2,909,736
5,249,337
4,952,440
4,605,255
4,099,823
3,510,458
3,504,927
3,494,346
3,474,897
3,605,651
3,189,338
1,828,275
956,149
217,050
Bank overdraft
95,103
223,374
268,877
329,695
285,080
351,040
Bank loan
99,154
354,265
Trade Creditors
410,629
560,155
601,603
357,453
374,125
437,838
433,884
529,006
648,142
2,217,558
1,708,460
807,510
606,520
181,052
Group/Directors Accounts
56,363
other short term finances
hp & lease commitments
21,830
43,608
32,667
21,652
70,226
90,491
other current liabilities
876,607
1,102,426
1,084,232
1,329,732
1,409,917
1,225,422
1,175,633
1,230,350
983,120
total current liabilities
1,287,236
1,761,735
1,802,768
1,954,167
2,085,586
2,014,607
2,034,008
2,100,799
2,072,793
2,217,558
1,708,460
807,510
606,520
181,052
loans
86,391
hp & lease commitments
63,463
85,293
43,555
37,333
58,960
176,694
104,822
Accruals and Deferred Income
other liabilities
52,522
89,466
263,587
287,830
31,922
24,049
207,284
provisions
221,958
315,586
462,418
247,300
92,529
48,078
87,357
98,654
total long term liabilities
221,958
368,108
525,881
332,593
136,084
85,411
235,783
275,348
191,213
263,587
287,830
31,922
24,049
207,284
total liabilities
1,509,194
2,129,843
2,328,649
2,286,760
2,221,670
2,100,018
2,269,791
2,376,147
2,264,006
2,481,145
1,996,290
839,432
630,569
388,336
net assets
1,400,542
3,119,494
2,623,791
2,318,495
1,878,153
1,410,440
1,235,136
1,118,199
1,210,891
1,124,506
1,193,048
988,843
325,580
-171,286
total shareholders funds
1,400,542
3,119,494
2,623,791
2,318,495
1,878,153
1,410,440
1,235,136
1,118,199
1,210,891
1,124,506
1,193,048
988,843
325,580
-171,286
Dec 2023
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
Operating Activities
Operating Profit
-131,810
573,425
383,758
557,537
592,749
237,612
164,310
-70,298
10,476
-68,622
265,137
-11,813
-338,316
-221,553
Depreciation
99,648
154,469
183,840
163,337
185,198
145,005
149,801
126,495
101,209
55,314
70,907
38,426
33,666
5,804
Amortisation
304,858
305,775
305,858
281,184
255,133
232,614
213,635
193,259
169,270
152,726
27,278
70,151
Tax
-116,276
-71,613
-103,290
-109,710
-41,121
-27,430
-60,996
Stock
2,573
-1,882
1,682
-4,070
1,943
2,962
-4,888
3,653
-114
4,387
1,900
Debtors
-1,529,855
559,254
387,370
283,095
-27,381
84,360
-33,395
-102,964
-131,499
46,252
760,077
391,372
115,836
58,700
Creditors
-149,526
-41,448
244,150
-16,672
-63,713
3,954
-95,122
-119,136
-1,569,416
509,098
900,950
200,990
425,468
181,052
Accruals and Deferred Income
-225,819
18,194
-245,500
-80,185
184,495
49,789
-54,717
247,230
983,120
Deferred Taxes & Provisions
-93,628
-146,832
215,118
154,771
44,451
-39,279
-11,297
98,654
Cash flow from operations
1,331,005
189,935
626,559
677,657
1,114,041
501,252
377,463
575,515
-173,842
602,378
443,199
-98,005
3,082
-93,397
Investing Activities
capital expenditure
71,037
-1,191
-398,560
-455,686
-352,764
-203,432
-333,091
-330,952
-281,837
-549,152
-722,000
-566,739
-715,675
-97,506
Change in Investments
cash flow from investments
71,037
-1,191
-398,560
-455,686
-352,764
-203,432
-333,091
-330,952
-281,837
-549,152
-722,000
-566,739
-715,675
-97,506
Financing Activities
Bank loans
-99,154
99,154
-354,265
354,265
Group/Directors Accounts
-56,363
56,363
Other Short Term Loans
Long term loans
-86,391
86,391
Hire Purchase and Lease Commitments
-85,293
-43,608
52,679
17,237
-70,201
-47,508
-18,619
195,313
other long term liabilities
-52,522
52,522
-89,466
89,466
-263,587
-24,243
255,908
7,873
-183,235
207,284
share issue
-1,649,608
90,000
675,000
835,000
50,100
interest
62,467
38,554
-6,849
-13,905
-15,326
-21,188
-19,944
-22,394
-14,091
80
64
76
182
167
cash flow from financing
-1,738,817
104,937
-50,457
38,774
1,911
-535,120
319,916
-71,041
94,026
-24,163
255,972
682,949
651,947
257,551
cash and cash equivalents
cash
-336,776
198,578
49,271
215,242
702,370
92,396
79,209
107,562
-10,613
29,063
-22,829
18,205
-60,646
66,648
overdraft
-95,103
-128,271
-45,503
-60,818
329,695
-285,080
-65,960
351,040
change in cash
-336,776
293,681
177,542
260,745
763,188
-237,299
364,289
173,522
-361,653
29,063
-22,829
18,205
-60,646
66,648
next connex 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 next connex ltd.. Get real-time insights into next connex ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for next connex ltd. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in N14 area or any other competitors across 12 key performance metrics.
5th floor, the grange 100 high street, london, N14 6BN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
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next connex 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 5 charges/mortgages relating to next connex ltd.. Currently there are 2 open charges and 3 have been satisfied in the past.
next connex 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.
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next connex ltd.Companies House Filings - See Documents
