axes design limited
axes design limited Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
the clovers upper welland road, malvern, worcestershire, WR14 4JU
Website
www.axesdesign.co.ukaxes design limited Estimated Valuation
Pomanda estimates the enterprise value of AXES DESIGN LIMITED at £108.4k based on a Turnover of £161.5k and 0.67x industry multiple (adjusted for size and gross margin).
axes design limited Estimated Valuation
Pomanda estimates the enterprise value of AXES DESIGN LIMITED at £0 based on an EBITDA of £-7.5k and a 4.1x industry multiple (adjusted for size and gross margin).
axes design limited Estimated Valuation
Pomanda estimates the enterprise value of AXES DESIGN LIMITED at £35.3k based on Net Assets of £14.9k and 2.38x industry multiple (adjusted for liquidity).
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Axes Design Limited Overview
Axes Design Limited is a live company located in worcestershire, WR14 4JU with a Companies House number of 07750548. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2011, it's largest shareholder is robert vaughan ceen with a 100% stake. Axes Design Limited is a established, micro sized company, Pomanda has estimated its turnover at £161.5k with declining growth in recent years.
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Axes Design Limited Health Check
Pomanda's financial health check has awarded Axes Design Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £161.5k, make it smaller than the average company (£3.5m)
- Axes Design Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.8%)
- Axes Design Limited
8.8% - Industry AVG
Production
with a gross margin of 42.1%, this company has a higher cost of product (72.3%)
- Axes Design Limited
72.3% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (3.7%)
- Axes Design Limited
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Axes Design Limited
31 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
- Axes Design Limited
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £161.5k, this is more efficient (£113.4k)
- Axes Design Limited
£113.4k - Industry AVG
Debtor Days
it gets paid by customers after 154 days, this is later than average (61 days)
- Axes Design Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 843 days, this is slower than average (44 days)
- Axes Design Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Axes Design Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Axes Design Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (60.8%)
93.6% - Axes Design Limited
60.8% - Industry AVG
AXES DESIGN LIMITED financials
Axes Design Limited's latest turnover from October 2023 is estimated at £161.5 thousand and the company has net assets of £14.9 thousand. According to their latest financial statements, Axes Design Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 164,141 | 170,113 | 166,249 | 167,826 | 170,865 | 173,916 | 375 | 37 | 50 | 62 | 909 | 1,755 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 164,141 | 170,113 | 166,249 | 167,826 | 170,865 | 173,916 | 375 | 37 | 50 | 62 | 909 | 1,755 |
| Stock & work in progress | 7,415 | 5,501 | 13,641 | 13,120 | 11,650 | |||||||
| Trade Debtors | 68,344 | 63,469 | 99,578 | 101,575 | 93,643 | 110,343 | 117,040 | 33,091 | 1,634 | 14,112 | 10,673 | 3,380 |
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 74,304 | 100,367 | 93,144 | 35,684 | 5,122 | |||||||
| misc current assets | ||||||||||||
| total current assets | 68,344 | 63,469 | 99,578 | 101,575 | 93,643 | 110,343 | 117,040 | 114,810 | 107,502 | 120,897 | 59,477 | 20,152 |
| total assets | 232,485 | 233,582 | 265,827 | 269,401 | 264,508 | 284,259 | 117,415 | 114,847 | 107,552 | 120,959 | 60,386 | 21,907 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 216,012 | 210,296 | 216,269 | 226,012 | 230,473 | 245,151 | 73,599 | 62,701 | 53,823 | 64,840 | 52,022 | 31,732 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 216,012 | 210,296 | 216,269 | 226,012 | 230,473 | 245,151 | 73,599 | 62,701 | 53,823 | 64,840 | 52,022 | 31,732 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 1,613 | 900 | ||||||||||
| other liabilities | ||||||||||||
| provisions | 10 | 12 | 182 | |||||||||
| total long term liabilities | 1,613 | 900 | 10 | 12 | 182 | |||||||
| total liabilities | 217,625 | 211,196 | 216,269 | 226,012 | 230,473 | 245,151 | 73,599 | 62,701 | 53,833 | 64,852 | 52,204 | 31,732 |
| net assets | 14,860 | 22,386 | 49,558 | 43,389 | 34,035 | 39,108 | 43,816 | 52,146 | 53,719 | 56,107 | 8,182 | -9,825 |
| total shareholders funds | 14,860 | 22,386 | 49,558 | 43,389 | 34,035 | 39,108 | 43,816 | 52,146 | 53,719 | 56,107 | 8,182 | -9,825 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 13 | 12 | 847 | 846 | 847 | |||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -7,415 | 1,914 | -8,140 | 521 | 1,470 | 11,650 | ||||||
| Debtors | 4,875 | -36,109 | -1,997 | 7,932 | -16,700 | -6,697 | 83,949 | 31,457 | -12,478 | 3,439 | 7,293 | 3,380 |
| Creditors | 5,716 | -5,973 | -9,743 | -4,461 | -14,678 | 171,552 | 10,898 | 8,878 | -11,017 | 12,818 | 20,290 | 31,732 |
| Accruals and Deferred Income | 713 | 900 | ||||||||||
| Deferred Taxes & Provisions | -10 | -2 | -170 | 182 | ||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -74,304 | -26,063 | 7,223 | 57,460 | 30,562 | 5,122 | ||||||
| overdraft | ||||||||||||
| change in cash | -74,304 | -26,063 | 7,223 | 57,460 | 30,562 | 5,122 |
axes design limited Credit Report and Business Information
Axes Design Limited Competitor Analysis
Perform a competitor analysis for axes design limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WR14 area or any other competitors across 12 key performance metrics.
axes design limited Ownership
AXES DESIGN LIMITED group structure
Axes Design Limited has no subsidiary companies.
Ultimate parent company
AXES DESIGN LIMITED
07750548
axes design limited directors
Axes Design Limited currently has 1 director, Mr Robert Ceen serving since Aug 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Ceen | 70 years | Aug 2011 | - | Director |
P&L
October 2023turnover
161.5k
+12%
operating profit
-7.5k
0%
gross margin
42.2%
-1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
14.9k
-0.34%
total assets
232.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
axes design limited company details
company number
07750548
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
VITAL ACCOUNTS LTD
auditor
-
address
the clovers upper welland road, malvern, worcestershire, WR14 4JU
Bank
-
Legal Advisor
-
axes design 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 axes design limited.
axes design limited Capital Raised & Share Issues BETA
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axes design limited Companies House Filings - See Documents
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