haxton solutions ltd

3.5

haxton solutions ltd Company Information

Share HAXTON SOLUTIONS LTD
Live 
EstablishedMicroHealthy

Company Number

07524126

Website

hnh.co.uk

Registered Address

jsa services ltd, 4th floor, radius house, watford, hertfordshire, WD17 1HP

Industry

Business and domestic software development

 

Telephone

02089771888

Next Accounts Due

November 2024

Group Structure

View All

Directors

Alex Dowler13 Years

Shareholders

alex dowler 100%

haxton solutions ltd Estimated Valuation

£180.2k

Pomanda estimates the enterprise value of HAXTON SOLUTIONS LTD at £180.2k based on a Turnover of £282k and 0.64x industry multiple (adjusted for size and gross margin).

haxton solutions ltd Estimated Valuation

£38.8k

Pomanda estimates the enterprise value of HAXTON SOLUTIONS LTD at £38.8k based on an EBITDA of £9.1k and a 4.26x industry multiple (adjusted for size and gross margin).

haxton solutions ltd Estimated Valuation

£271.9k

Pomanda estimates the enterprise value of HAXTON SOLUTIONS LTD at £271.9k based on Net Assets of £114.9k and 2.37x industry multiple (adjusted for liquidity).

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Haxton Solutions Ltd Overview

Haxton Solutions Ltd is a live company located in watford, WD17 1HP with a Companies House number of 07524126. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2011, it's largest shareholder is alex dowler with a 100% stake. Haxton Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £282k with healthy growth in recent years.

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Haxton Solutions Ltd Health Check

Pomanda's financial health check has awarded Haxton Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £282k, make it smaller than the average company (£3m)

£282k - Haxton Solutions Ltd

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.5%)

4% - Haxton Solutions Ltd

8.5% - Industry AVG

production

Production

with a gross margin of 42.4%, this company has a higher cost of product (71.7%)

42.4% - Haxton Solutions Ltd

71.7% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it as profitable than the average company (4%)

3.2% - Haxton Solutions Ltd

4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (28)

1 - Haxton Solutions Ltd

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)

£65.5k - Haxton Solutions Ltd

£65.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £282k, this is more efficient (£111.1k)

£282k - Haxton Solutions Ltd

£111.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 193 days, this is later than average (64 days)

193 days - Haxton Solutions Ltd

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 77 days, this is slower than average (45 days)

77 days - Haxton Solutions Ltd

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Haxton Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Haxton Solutions Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (61.1%)

23.2% - Haxton Solutions Ltd

61.1% - Industry AVG

HAXTON SOLUTIONS LTD financials

EXPORTms excel logo

Haxton Solutions Ltd's latest turnover from February 2023 is estimated at £282 thousand and the company has net assets of £114.9 thousand. According to their latest financial statements, Haxton Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Turnover282,025284,668230,480250,146126,615263,689168,54999,70486,67784,65411,98428,557
Other Income Or Grants000000000000
Cost Of Sales162,297154,462129,747141,88773,195153,85393,39556,20847,47748,6236,31214,828
Gross Profit119,728130,206100,732108,25853,420109,83675,15443,49639,20036,0315,67213,729
Admin Expenses110,622109,216100,96334,95172,80869,40384,65536,64027,68645,0653,146-12,446
Operating Profit9,10620,990-23173,307-19,38840,433-9,5016,85611,514-9,0342,52626,175
Interest Payable000000000000
Interest Receivable0000004215511314720297
Pre-Tax Profit9,10620,990-23173,307-19,38840,433-9,4597,01111,627-8,8872,72826,272
Tax-1,730-3,9880-13,9280-7,6820-1,402-2,4420-655-6,831
Profit After Tax7,37617,002-23159,379-19,38832,751-9,4595,6099,185-8,8872,07319,441
Dividends Paid000000000000
Retained Profit7,37617,002-23159,379-19,38832,751-9,4595,6099,185-8,8872,07319,441
Employee Costs65,53861,00556,98458,65760,337115,312112,59253,50253,82954,15052,02351,472
Number Of Employees111112211111
EBITDA*9,10620,990-23173,307-19,38840,433-9,5016,92911,611-8,9042,69926,175

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Tangible Assets0000001642192923895190
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets0000001642192923895190
Stock & work in progress000000000000
Trade Debtors149,482148,988120,581130,84858,18791,98255,49627,91225,13322,48207,146
Group Debtors000000000000
Misc Debtors000000000000
Cash000000033,43928,61316,55942,06638,716
misc current assets000000000000
total current assets149,482148,988120,581130,84858,18791,98255,49661,35153,74639,04142,06645,862
total assets149,482148,988120,581130,84858,18791,98255,66061,57054,03839,43042,58545,862
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 34,63141,51330,10840,14426,86241,26937,69834,04932,12626,70320,97126,321
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities34,63141,51330,10840,14426,86241,26937,69834,04932,12626,70320,97126,321
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities000000000000
total liabilities34,63141,51330,10840,14426,86241,26937,69834,04932,12626,70320,97126,321
net assets114,851107,47590,47390,70431,32550,71317,96227,52121,91212,72721,61419,541
total shareholders funds114,851107,47590,47390,70431,32550,71317,96227,52121,91212,72721,61419,541
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012
Operating Activities
Operating Profit9,10620,990-23173,307-19,38840,433-9,5016,85611,514-9,0342,52626,175
Depreciation000000073971301730
Amortisation000000000000
Tax-1,730-3,9880-13,9280-7,6820-1,402-2,4420-655-6,831
Stock000000000000
Debtors49428,407-10,26772,661-33,79536,48627,5842,7792,65122,482-7,1467,146
Creditors-6,88211,405-10,03613,282-14,4073,5713,6491,9235,4235,732-5,35026,321
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations00000-164-33,4364,67111,941-25,6543,84038,519
Investing Activities
capital expenditure0000016455000-6920
Change in Investments000000000000
cash flow from investments0000016455000-6920
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue000000-1000000100
interest0000004215511314720297
cash flow from financing000000-58155113147202197
cash and cash equivalents
cash000000-33,4394,82612,054-25,5073,35038,716
overdraft000000000000
change in cash000000-33,4394,82612,054-25,5073,35038,716

haxton solutions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Haxton Solutions Ltd Competitor Analysis

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Perform a competitor analysis for haxton solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WD17 area or any other competitors across 12 key performance metrics.

haxton solutions ltd Ownership

HAXTON SOLUTIONS LTD group structure

Haxton Solutions Ltd has no subsidiary companies.

Ultimate parent company

HAXTON SOLUTIONS LTD

07524126

HAXTON SOLUTIONS LTD Shareholders

alex dowler 100%

haxton solutions ltd directors

Haxton Solutions Ltd currently has 1 director, Alex Dowler serving since Feb 2011.

officercountryagestartendrole
Alex DowlerEngland46 years Feb 2011- Director

P&L

February 2023

turnover

282k

-1%

operating profit

9.1k

0%

gross margin

42.5%

-7.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2023

net assets

114.9k

+0.07%

total assets

149.5k

0%

cash

0

0%

net assets

Total assets minus all liabilities

haxton solutions ltd company details

company number

07524126

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

February 2011

age

13

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

February 2023

address

jsa services ltd, 4th floor, radius house, watford, hertfordshire, WD17 1HP

accountant

-

auditor

-

haxton solutions 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 did not find charges/mortgages relating to haxton solutions ltd.

charges

haxton solutions ltd Companies House Filings - See Documents

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