businex limited
businex limited Company Information
Company Number
07257925
Website
www.businexaccountants.co.ukRegistered Address
2 frederick street, london, WC1X 0ND
Industry
Accounting, and auditing activities
Telephone
02034170703
Next Accounts Due
February 2025
Group Structure
View All
Directors
Syed Asif2 Years
Shareholders
syed asif 100%
businex limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINEX LIMITED at £50.2k based on a Turnover of £68.1k and 0.74x industry multiple (adjusted for size and gross margin).
businex limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINEX LIMITED at £0 based on an EBITDA of £-329 and a 3.97x industry multiple (adjusted for size and gross margin).
businex limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINEX LIMITED at £0 based on Net Assets of £-2.1k and 2.72x industry multiple (adjusted for liquidity).
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Businex Limited Overview
Businex Limited is a live company located in london, WC1X 0ND with a Companies House number of 07257925. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2010, it's largest shareholder is syed asif with a 100% stake. Businex Limited is a established, micro sized company, Pomanda has estimated its turnover at £68.1k with declining growth in recent years.
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Businex Limited Health Check
Pomanda's financial health check has awarded Businex Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
9 Weak
Size
annual sales of £68.1k, make it smaller than the average company (£142.9k)
- Businex Limited
£142.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.5%)
- Businex Limited
5.5% - Industry AVG
Production
with a gross margin of 48.4%, this company has a higher cost of product (71.7%)
- Businex Limited
71.7% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (17.2%)
- Businex Limited
17.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Businex Limited
3 - Industry AVG
Pay Structure
on an average salary of £20.9k, the company has an equivalent pay structure (£20.9k)
- Businex Limited
£20.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£71k)
- Businex Limited
£71k - Industry AVG
Debtor Days
it gets paid by customers after 170 days, this is later than average (96 days)
- Businex Limited
96 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (26 days)
- Businex Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Businex Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Businex Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.9%, this is a higher level of debt than the average (57.9%)
105.9% - Businex Limited
57.9% - Industry AVG
BUSINEX LIMITED financials
Businex Limited's latest turnover from May 2023 is estimated at £68.1 thousand and the company has net assets of -£2.1 thousand. According to their latest financial statements, Businex Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 4 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,814 | 5,455 | 8,558 | 0 | 7,884 | 4,880 | 1,855 | 1,400 | 2,546 | 4,972 | 7,087 | 560 | 250 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,814 | 5,455 | 8,558 | 0 | 7,884 | 4,880 | 1,855 | 1,400 | 2,546 | 4,972 | 7,087 | 560 | 250 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 31,829 | 38,647 | 64,593 | 31,551 | 22,381 | 16,518 | 4,412 | 938 | 1,254 | 655 | 533 | 1,201 | 2,910 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,917 | 939 | 4,640 | 1,748 | 1,251 | 971 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200 | 0 |
| total current assets | 31,829 | 38,647 | 64,593 | 31,551 | 22,381 | 16,518 | 4,412 | 3,855 | 2,193 | 5,295 | 2,281 | 2,652 | 3,881 |
| total assets | 35,643 | 44,102 | 73,151 | 31,551 | 30,265 | 21,398 | 6,267 | 5,255 | 4,739 | 10,267 | 9,368 | 3,212 | 4,131 |
| Bank overdraft | 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 |
| Trade Creditors | 2,119 | 3,034 | 2,986 | 10,991 | 5,223 | 6,771 | 5,280 | 5,293 | 7,677 | 18,275 | 3,390 | 5,039 | 4,867 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,119 | 3,034 | 2,986 | 10,991 | 5,223 | 6,771 | 5,280 | 5,293 | 7,677 | 18,275 | 3,390 | 5,039 | 4,867 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 35,613 | 42,828 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,613 | 42,828 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 37,732 | 45,862 | 52,986 | 10,991 | 5,223 | 6,771 | 5,280 | 5,293 | 7,677 | 18,275 | 3,390 | 5,039 | 4,867 |
| net assets | -2,089 | -1,760 | 20,165 | 20,560 | 25,042 | 14,627 | 987 | -38 | -2,938 | -8,008 | 5,978 | -1,827 | -736 |
| total shareholders funds | -2,089 | -1,760 | 20,165 | 20,560 | 25,042 | 14,627 | 987 | -38 | -2,938 | -8,008 | 5,978 | -1,827 | -736 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 3,246 | 2,426 | 2,625 | 2,523 | 240 | 250 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,818 | -25,946 | 33,042 | 9,170 | 5,863 | 12,106 | 3,474 | -316 | 599 | 122 | -668 | -1,709 | 2,910 |
| Creditors | -915 | 48 | -8,005 | 5,768 | -1,548 | 1,491 | -13 | -2,384 | -10,598 | 14,885 | -1,649 | 172 | 4,867 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -7,215 | -7,172 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,917 | 1,978 | -3,701 | 2,892 | 497 | 280 | 971 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,917 | 1,978 | -3,701 | 2,892 | 497 | 280 | 971 |
businex limited Credit Report and Business Information
Businex Limited Competitor Analysis
Perform a competitor analysis for businex limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
businex limited Ownership
BUSINEX LIMITED group structure
Businex Limited has no subsidiary companies.
Ultimate parent company
BUSINEX LIMITED
07257925
businex limited directors
Businex Limited currently has 1 director, Mr Syed Asif serving since May 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Syed Asif | United Kingdom | 39 years | May 2022 | - | Director |
P&L
May 2023turnover
68.1k
-9%
operating profit
-329
0%
gross margin
48.4%
-0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-2.1k
+0.19%
total assets
35.6k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
businex limited company details
company number
07257925
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2010
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
2 frederick street, london, WC1X 0ND
Bank
-
Legal Advisor
-
businex 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 businex limited.
businex limited Companies House Filings - See Documents
| date | description | view/download |
|---|
