lexadon (developments) limited

lexadon (developments) limited Company Information

Share LEXADON (DEVELOPMENTS) LIMITED
Live 
EstablishedLargeDeclining

Company Number

07821839

Industry

Other business support service activities n.e.c.

 

Shareholders

trustee of the jerrard knight discretionary trust 2019

trustee of the janet knight discretionary trust 2019

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Group Structure

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Contact

Registered Address

the viaduct business centre, unit 3, brixton, london, SW9 8PL

lexadon (developments) limited Estimated Valuation

£28.1m

Pomanda estimates the enterprise value of LEXADON (DEVELOPMENTS) LIMITED at £28.1m based on a Turnover of £29.9m and 0.94x industry multiple (adjusted for size and gross margin).

lexadon (developments) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LEXADON (DEVELOPMENTS) LIMITED at £0 based on an EBITDA of £-426 and a 6.68x industry multiple (adjusted for size and gross margin).

lexadon (developments) limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of LEXADON (DEVELOPMENTS) LIMITED at £3.6m based on Net Assets of £1.5m and 2.37x industry multiple (adjusted for liquidity).

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Lexadon (developments) Limited Overview

Lexadon (developments) Limited is a live company located in brixton, SW9 8PL with a Companies House number of 07821839. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2011, it's largest shareholder is trustee of the jerrard knight discretionary trust 2019 with a 28.3% stake. Lexadon (developments) Limited is a established, large sized company, Pomanda has estimated its turnover at £29.9m with declining growth in recent years.

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Lexadon (developments) Limited Health Check

Pomanda's financial health check has awarded Lexadon (Developments) 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £29.9m, make it larger than the average company (£4.8m)

£29.9m - Lexadon (developments) Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (6.6%)

-17% - Lexadon (developments) Limited

6.6% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Lexadon (developments) Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (5.7%)

0% - Lexadon (developments) Limited

5.7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (27)

5 - Lexadon (developments) Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Lexadon (developments) Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £6m, this is more efficient (£171.5k)

£6m - Lexadon (developments) Limited

£171.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Lexadon (developments) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (32 days)

0 days - Lexadon (developments) Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 732 days, this is more than average (33 days)

732 days - Lexadon (developments) Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

0 weeks - Lexadon (developments) Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (62.4%)

96% - Lexadon (developments) Limited

62.4% - Industry AVG

LEXADON (DEVELOPMENTS) LIMITED financials

EXPORTms excel logo

Lexadon (Developments) Limited's latest turnover from December 2023 is estimated at £29.9 million and the company has net assets of £1.5 million. According to their latest financial statements, Lexadon (Developments) Limited has 5 employees and maintains cash reserves of £100 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Turnover29,915,38729,568,84248,434,51153,056,30344,089,62938,495,70136,429,423261,484278,34016,675,19311,210,9062,750,900
Other Income Or Grants000000000000
Cost Of Sales18,496,13518,211,53430,318,22133,411,89427,572,14924,160,30622,719,426160,814176,11210,630,7547,196,9441,720,207
Gross Profit11,419,25211,357,30818,116,29019,644,40916,517,48114,335,39513,709,997100,670102,2286,044,4394,013,9631,030,693
Admin Expenses11,419,67911,356,41917,891,16920,038,40916,507,99514,335,39513,709,99799,991-1,511,1455,554,2473,841,6901,039,063
Operating Profit-427889225,121-394,0009,486006791,613,373490,192172,273-8,370
Interest Payable00000000053,45562,4739,018
Interest Receivable300000000000
Pre-Tax Profit-424889225,121-394,0009,486006791,613,373436,737109,800-17,388
Tax0-169-42,7730-1,80200-136-322,674-91,715-25,2540
Profit After Tax-424720182,348-394,0007,684005431,290,698345,02284,546-17,388
Dividends Paid000000000000
Retained Profit-424720182,348-394,0007,684005431,290,698345,02284,546-17,388
Employee Costs269,796256,770244,307232,216229,89888,63183,97176,36176,0754,648,6073,088,163774,265
Number Of Employees5555522221238321
EBITDA*-427889225,121-394,0009,486006791,613,373490,192172,273-8,370

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Tangible Assets000004000000
Intangible Assets000000000000
Investments & Other222224422200
Debtors (Due After 1 year)000000000000
Total Fixed Assets222224422200
Stock & work in progress37,122,20837,117,52836,865,18534,098,52927,217,79523,817,00323,203,847002,662,8102,895,267615,549
Trade Debtors000000000000
Group Debtors000000000000
Misc Debtors66,351504,964000300,254110,3521,703,6212,033,146000
Cash10000000000000
misc current assets000000000000
total current assets37,188,65937,622,49236,865,18534,098,52927,217,79524,117,25723,314,1991,703,6212,033,1462,662,8102,895,267615,549
total assets37,188,66137,622,49436,865,18734,098,53127,217,79724,117,26123,314,2031,703,6232,033,1482,662,8122,895,267615,549
Bank overdraft00000000001,644,774277,487
Bank loan000000000000
Trade Creditors 4,680212,77400000002,250,4321,183,135355,250
Group/Directors Accounts222224422000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities35,683,93035,909,24535,365,43232,781,12425,506,39022,413,63621,610,5780330,068000
total current liabilities35,688,61236,122,02135,365,43432,781,12625,506,39222,413,64021,610,5822330,0702,250,4322,827,909632,737
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities000000000000
total liabilities35,688,61236,122,02135,365,43432,781,12625,506,39222,413,64021,610,5822330,0702,250,4322,827,909632,737
net assets1,500,0491,500,4731,499,7531,317,4051,711,4051,703,6211,703,6211,703,6211,703,078412,38067,358-17,188
total shareholders funds1,500,0491,500,4731,499,7531,317,4051,711,4051,703,6211,703,6211,703,6211,703,078412,38067,358-17,188
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Operating Activities
Operating Profit-427889225,121-394,0009,486006791,613,373490,192172,273-8,370
Depreciation000000000000
Amortisation000000000000
Tax0-169-42,7730-1,80200-136-322,674-91,715-25,2540
Stock4,680252,3432,766,6566,880,7343,400,792613,15623,203,8470-2,662,810-232,4572,279,718615,549
Debtors-438,613504,96400-300,254189,902-1,593,269-329,5252,033,146000
Creditors-208,094212,774000000-2,250,4321,067,297827,885355,250
Accruals and Deferred Income-225,315543,8132,584,3087,274,7343,092,754803,05821,610,578-330,068330,068000
Deferred Taxes & Provisions000000000000
Cash flow from operations97000-100000-11,698,231-1,304,814-268,669
Investing Activities
capital expenditure00004-4000000
Change in Investments0000-20200200
cash flow from investments00006-4-200-200
Financing Activities
Bank loans000000000000
Group/Directors Accounts0000-20202000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue0000100000000200
interest300000000-53,455-62,473-9,018
cash flow from financing3000980202-53,455-62,473-8,818
cash and cash equivalents
cash10000000000000
overdraft000000000-1,644,7741,367,287277,487
change in cash100000000001,644,774-1,367,287-277,487

lexadon (developments) limited 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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Lexadon (developments) Limited Competitor Analysis

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Perform a competitor analysis for lexadon (developments) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in SW9 area or any other competitors across 12 key performance metrics.

lexadon (developments) limited Ownership

LEXADON (DEVELOPMENTS) LIMITED group structure

Lexadon (Developments) Limited has 1 subsidiary company.

Ultimate parent company

LEXADON (DEVELOPMENTS) LIMITED

07821839

1 subsidiary

LEXADON (DEVELOPMENTS) LIMITED Shareholders

trustee of the jerrard knight discretionary trust 2019 28.33%
trustee of the janet knight discretionary trust 2019 28.33%
the jerrard knight discretionary trust 2019 14.17%
trustee of the jnet knight discretionary trust 2019 14.17%
sarah jane olgun 5%
charlotte anne francis 5%
sophie elizabeth tobin 5%

lexadon (developments) limited directors

Lexadon (Developments) Limited currently has 6 directors. The longest serving directors include Mr Jerrard Knight (Oct 2011) and Mrs Sophie Tobin (Jun 2019).

officercountryagestartendrole
Mr Jerrard KnightEngland68 years Oct 2011- Director
Mrs Sophie TobinEngland39 years Jun 2019- Director
Mrs Sarah OlgunEngland37 years Jun 2019- Director
Mrs Sophie TobinEngland39 years Jun 2019- Director
Mrs Charlotte FrancisEngland41 years Jun 2019- Director
Mrs Sarah Olgun-KnightEngland37 years Jun 2019- Director

P&L

December 2023

turnover

29.9m

+1%

operating profit

-426.6

0%

gross margin

38.2%

-0.62%

turnover

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

Balance Sheet

December 2023

net assets

1.5m

0%

total assets

37.2m

-0.01%

cash

100

0%

net assets

Total assets minus all liabilities

lexadon (developments) limited company details

company number

07821839

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

lexadon (cedars mews) ltd. (March 2012)

accountant

-

auditor

-

address

the viaduct business centre, unit 3, brixton, london, SW9 8PL

Bank

-

Legal Advisor

-

lexadon (developments) 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 found 10 charges/mortgages relating to lexadon (developments) limited. Currently there are 2 open charges and 8 have been satisfied in the past.

lexadon (developments) limited 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.

Click to start generating capital raising & share issue transactions for LEXADON (DEVELOPMENTS) LIMITED. This can take several minutes, an email will notify you when this has completed.

lexadon (developments) limited Companies House Filings - See Documents

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