pixal ltd

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pixal ltd Company Information

Share PIXAL LTD

Company Number

07568024

Shareholders

broadlight group

Group Structure

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Industry

Other information technology and computer service activities

 +1

Registered Address

the factory unit 1 the factory, 2 acre road, kingston upon thames, KT2 6EF

pixal ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of PIXAL LTD at £1m based on a Turnover of £2.4m and 0.44x industry multiple (adjusted for size and gross margin).

pixal ltd Estimated Valuation

£157k

Pomanda estimates the enterprise value of PIXAL LTD at £157k based on an EBITDA of £53.3k and a 2.94x industry multiple (adjusted for size and gross margin).

pixal ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of PIXAL LTD at £1.8m based on Net Assets of £872k and 2.01x industry multiple (adjusted for liquidity).

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Pixal Ltd Overview

Pixal Ltd is a live company located in kingston upon thames, KT2 6EF with a Companies House number of 07568024. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2011, it's largest shareholder is broadlight group with a 100% stake. Pixal Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.

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Pixal Ltd Health Check

Pomanda's financial health check has awarded Pixal Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£7.3m)

£2.4m - Pixal Ltd

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 195%, show it is growing at a faster rate (9.1%)

195% - Pixal Ltd

9.1% - Industry AVG

production

Production

with a gross margin of 22.2%, this company has a higher cost of product (45.4%)

22.2% - Pixal Ltd

45.4% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (4.4%)

2.2% - Pixal Ltd

4.4% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (38)

9 - Pixal Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.9k, the company has an equivalent pay structure (£67.9k)

£67.9k - Pixal Ltd

£67.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £262.4k, this is more efficient (£177.3k)

£262.4k - Pixal Ltd

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 151 days, this is later than average (52 days)

151 days - Pixal Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (39 days)

28 days - Pixal Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pixal Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)

10 weeks - Pixal Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14%, this is a lower level of debt than the average (64.1%)

14% - Pixal Ltd

64.1% - Industry AVG

PIXAL LTD financials

EXPORTms excel logo

Pixal Ltd's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of £872 thousand. According to their latest financial statements, Pixal Ltd has 9 employees and maintains cash reserves of £27.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover2,361,7862,064,0771,522,37891,738359,883200,70491,91843,20441,62641,0599,5238,9557,555
Other Income Or Grants
Cost Of Sales1,838,3371,576,0991,147,56071,040277,160156,34170,01632,16730,59129,5376,9236,4965,431
Gross Profit523,450487,979374,81820,69882,72244,36321,90311,03711,03511,5232,6012,4592,124
Admin Expenses472,783186,16210,317-192,656-7,19519,67021,1336836,5244,4772,2571,0311,597
Operating Profit50,667301,817364,501213,35489,91724,69377010,3544,5117,0463441,428527
Interest Payable1,4061,271
Interest Receivable3,2386,4692,2582666939601083516113
Pre-Tax Profit53,905308,285365,353212,34989,98624,69380910,4144,6197,0813601,438530
Tax-13,476-58,574-69,417-40,346-17,097-4,692-154-2,083-924-1,487-83-345-138
Profit After Tax40,429249,711295,936172,00372,88920,0016558,3313,6955,5942771,093392
Dividends Paid
Retained Profit40,429249,711295,936172,00372,88920,0016558,3313,6955,5942771,093392
Employee Costs611,525593,090320,73759,252639,29258,41256,28154,86153,27952,84052,02550,37350,285
Number Of Employees99511111111111
EBITDA*53,331303,833364,501216,66489,91724,69377012,4795,9248,3251,3202,3991,167

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets3,9802,8842,6028,5725,04111,28611,6583,5321,8831,252816822421
Intangible Assets3,4004,0004,5005,5007,0007,5008,0008,5009,0009,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,3806,8847,1028,57210,54111,28611,65810,5329,3839,2529,3169,8229,921
Stock & work in progress
Trade Debtors978,683899,436513,47814,1638,98063,82729,13211,5477,8459,8641,236936807
Group Debtors9,4048,671
Misc Debtors2,378526
Cash27,67795,679208,724393,486138,06815,62732,28410,7593,1863,1521,110
misc current assets
total current assets1,006,360995,115722,202419,431156,24563,82729,13227,17440,12920,6234,4224,0881,917
total assets1,013,7401,001,999729,304428,003166,78675,11340,79037,70649,51229,87513,73813,91011,838
Bank overdraft
Bank loan
Trade Creditors 141,734170,422147,43899,78163934,96619,95217,32437,46121,51910,97611,42510,446
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities52,220
total current liabilities141,734170,422147,43899,78152,85934,96619,95217,32437,46121,51910,97611,42510,446
loans41,667
hp & lease commitments
Accruals and Deferred Income625
other liabilities109801
provisions
total long term liabilities42,292109801
total liabilities141,734170,422147,438142,07352,85935,07520,75317,32437,46121,51910,97611,42510,446
net assets872,006831,577581,866285,930113,92740,03820,03720,38212,0518,3562,7622,4851,392
total shareholders funds872,006831,577581,866285,930113,92740,03820,03720,38212,0518,3562,7622,4851,392
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit50,667301,817364,501213,35489,91724,69377010,3544,5117,0463441,428527
Depreciation2,0641,5162,8101,625913779476471140
Amortisation600500500500500500500500500
Tax-13,476-58,574-69,417-40,346-17,097-4,692-154-2,083-924-1,487-83-345-138
Stock
Debtors79,247385,958487,5337,768-45,65034,69517,5853,702-2,0198,628300129807
Creditors-28,68822,98447,65799,142-34,32715,0142,628-20,13715,94210,543-44997910,446
Accruals and Deferred Income-625-51,59552,220
Deferred Taxes & Provisions
Cash flow from operations-68,080-117,715-145,417216,097136,363320-14,341-13,44322,9618,7534882,90410,668
Investing Activities
capital expenditure-3,160-1,7981,470-1,341745372-1,126-3,274-1,544-1,215-470-872-10,561
Change in Investments
cash flow from investments-3,160-1,7981,470-1,341745372-1,126-3,274-1,544-1,215-470-872-10,561
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-41,66741,667
Hire Purchase and Lease Commitments
other long term liabilities-109-692801
share issue1,000-1,0001,000
interest3,2386,469852-1,0056939601083516113
cash flow from financing3,2386,469-40,81540,662960-692-160601083516111,003
cash and cash equivalents
cash-68,002-113,045-184,762255,418138,068-15,627-16,65721,5257,573342,0421,110
overdraft
change in cash-68,002-113,045-184,762255,418138,068-15,627-16,65721,5257,573342,0421,110

pixal 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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Pixal Ltd Competitor Analysis

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Perform a competitor analysis for pixal ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in KT2 area or any other competitors across 12 key performance metrics.

pixal ltd Ownership

PIXAL LTD group structure

Pixal Ltd has no subsidiary companies.

Ultimate parent company

1 parent

PIXAL LTD

07568024

PIXAL LTD Shareholders

broadlight group 100%

pixal ltd directors

Pixal Ltd currently has 3 directors. The longest serving directors include Mr Kristian Gough (Mar 2022) and Mr Kieran Monteil (Mar 2022).

officercountryagestartendrole
Mr Kristian GoughEngland47 years Mar 2022- Director
Mr Kieran MonteilEngland45 years Mar 2022- Director
Mr Seoras KirkpatrickEngland50 years Mar 2022- Director

P&L

March 2024

turnover

2.4m

+14%

operating profit

50.7k

0%

gross margin

22.2%

-6.25%

turnover

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

Balance Sheet

March 2024

net assets

872k

+0.05%

total assets

1m

+0.01%

cash

27.7k

-0.71%

net assets

Total assets minus all liabilities

pixal ltd company details

company number

07568024

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

73110 - Advertising agencies

incorporation date

March 2011

age

14

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

the factory unit 1 the factory, 2 acre road, kingston upon thames, KT2 6EF

Bank

-

Legal Advisor

-

pixal 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 3 charges/mortgages relating to pixal ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

pixal 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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pixal ltd Companies House Filings - See Documents

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