haxnicks international ltd

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haxnicks international ltd Company Information

Share HAXNICKS INTERNATIONAL LTD

Company Number

08201666

Shareholders

madeline cardozo

damian cardozo

Group Structure

View All

Industry

Manufacture of other plastic products

 

Registered Address

18-20 high street, shaftesbury, dorset, SP7 8JG

haxnicks international ltd Estimated Valuation

£168.3k

Pomanda estimates the enterprise value of HAXNICKS INTERNATIONAL LTD at £168.3k based on a Turnover of £484.8k and 0.35x industry multiple (adjusted for size and gross margin).

haxnicks international ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HAXNICKS INTERNATIONAL LTD at £0 based on an EBITDA of £-15.1k and a 2.67x industry multiple (adjusted for size and gross margin).

haxnicks international ltd Estimated Valuation

£129.4k

Pomanda estimates the enterprise value of HAXNICKS INTERNATIONAL LTD at £129.4k based on Net Assets of £77.7k and 1.67x industry multiple (adjusted for liquidity).

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Haxnicks International Ltd Overview

Haxnicks International Ltd is a live company located in dorset, SP7 8JG with a Companies House number of 08201666. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in September 2012, it's largest shareholder is madeline cardozo with a 50% stake. Haxnicks International Ltd is a established, micro sized company, Pomanda has estimated its turnover at £484.8k with healthy growth in recent years.

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Haxnicks International Ltd Health Check

Pomanda's financial health check has awarded Haxnicks International Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £484.8k, make it smaller than the average company (£16.2m)

£484.8k - Haxnicks International Ltd

£16.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8.1%)

10% - Haxnicks International Ltd

8.1% - Industry AVG

production

Production

with a gross margin of 19.6%, this company has a higher cost of product (28.3%)

19.6% - Haxnicks International Ltd

28.3% - Industry AVG

profitability

Profitability

an operating margin of -3.1% make it less profitable than the average company (5.4%)

-3.1% - Haxnicks International Ltd

5.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (102)

3 - Haxnicks International Ltd

102 - Industry AVG

paystructure

Pay Structure

on an average salary of £39k, the company has an equivalent pay structure (£39k)

£39k - Haxnicks International Ltd

£39k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £161.6k, this is equally as efficient (£165.1k)

£161.6k - Haxnicks International Ltd

£165.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 104 days, this is later than average (52 days)

104 days - Haxnicks International Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 49 days, this is slower than average (39 days)

49 days - Haxnicks International Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Haxnicks International Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Haxnicks International Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.6%, this is a higher level of debt than the average (40.6%)

47.6% - Haxnicks International Ltd

40.6% - Industry AVG

HAXNICKS INTERNATIONAL LTD financials

EXPORTms excel logo

Haxnicks International Ltd's latest turnover from August 2024 is estimated at £484.8 thousand and the company has net assets of £77.7 thousand. According to their latest financial statements, Haxnicks International Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover484,834397,456387,975365,319301,318235,522596,361241,501130,528202,150228,410251,206
Other Income Or Grants
Cost Of Sales389,942324,684311,796293,027239,474188,493473,731189,621102,633159,809182,200199,917
Gross Profit94,89272,77376,18072,29261,84347,029122,63051,88027,89442,34246,21051,290
Admin Expenses110,041128,920-41,14177,33343,86363,356123,28634,701-13,57634,28963,57518,800
Operating Profit-15,149-56,147117,321-5,04117,980-16,327-65617,17941,4708,053-17,36532,490
Interest Payable
Interest Receivable581051014337
Pre-Tax Profit-15,149-56,147117,321-5,04117,980-16,327-65617,23741,5758,154-17,32232,527
Tax-22,291-3,416-3,275-8,315-1,631-7,481
Profit After Tax-15,149-56,14795,030-5,04114,564-16,327-65613,96233,2606,523-17,32225,046
Dividends Paid
Retained Profit-15,149-56,14795,030-5,04114,564-16,327-65613,96233,2606,523-17,32225,046
Employee Costs117,00072,66369,60167,16265,23264,14095,12360,97829,14958,53156,51555,258
Number Of Employees322222321222
EBITDA*-15,149-56,147117,321-5,04117,980-16,327-65617,17968,57443,73826,38588,740

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets10,32310,58019,40018,80922,57930,10538,84051,44667,8026,250112,500150,000
Intangible Assets188,30312,50018,750
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,32310,58019,40018,80922,57930,10538,84051,44667,80394,553125,000168,750
Stock & work in progress
Trade Debtors138,162131,006154,800127,728101,37656,333140,50059,47411,6438,28910,9965,853
Group Debtors
Misc Debtors
Cash46,04137,8532,59814,781
misc current assets
total current assets138,162131,006154,800127,728101,37656,333140,50059,47457,68446,14213,59420,634
total assets148,485141,586174,200146,537123,95586,438179,340110,920125,487140,695138,594189,384
Bank overdraft
Bank loan
Trade Creditors 52,80930,7617,59654,14824,90541,952118,52749,45167,278118,831127,428153,036
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities52,80930,7617,59654,14824,90541,952118,52749,45167,278118,831127,428153,036
loans
hp & lease commitments
Accruals and Deferred Income17,93317,93317,565
other liabilities38,38040,000
provisions10,7007,6153,44011,300
total long term liabilities17,93317,93317,56538,38040,00010,7007,6153,44011,300
total liabilities70,74248,69425,16192,52864,90541,952118,52749,45177,978126,446130,868164,336
net assets77,74392,892149,03954,00959,05044,48660,81361,46947,50914,2497,72625,048
total shareholders funds77,74392,892149,03954,00959,05044,48660,81361,46947,50914,2497,72625,048
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit-15,149-56,147117,321-5,04117,980-16,327-65617,17941,4708,053-17,36532,490
Depreciation20,85529,43537,50050,000
Amortisation6,2496,2506,2506,250
Tax-22,291-3,416-3,275-8,315-1,631-7,481
Stock
Debtors7,156-23,79427,07226,35245,043-84,16781,02647,8313,354-2,7075,1435,853
Creditors22,04823,165-46,55229,243-17,047-76,57569,076-17,827-51,553-8,597-25,608153,036
Accruals and Deferred Income36817,565
Deferred Taxes & Provisions-10,7003,0854,175-7,86011,300
Cash flow from operations-257-8,82038,971-2,150-47,526-8,735-12,606-62,4548,43740,392-12,226239,742
Investing Activities
capital expenditure2578,820-5913,7707,5268,73512,60616,357-354-5,238-225,000
Change in Investments
cash flow from investments2578,820-5913,7707,5268,73512,60616,357-354-5,238-225,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-38,380-1,62040,000
share issue-22
interest581051014337
cash flow from financing-38,380-1,62040,000561051014339
cash and cash equivalents
cash-46,0418,18835,255-12,18314,781
overdraft
change in cash-46,0418,18835,255-12,18314,781

haxnicks international 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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Haxnicks International Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for haxnicks international ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in SP7 area or any other competitors across 12 key performance metrics.

haxnicks international ltd Ownership

HAXNICKS INTERNATIONAL LTD group structure

Haxnicks International Ltd has no subsidiary companies.

Ultimate parent company

HAXNICKS INTERNATIONAL LTD

08201666

HAXNICKS INTERNATIONAL LTD Shareholders

madeline cardozo 50%
damian cardozo 50%

haxnicks international ltd directors

Haxnicks International Ltd currently has 1 director, Mr Damian Cardozo serving since Sep 2012.

officercountryagestartendrole
Mr Damian CardozoUnited Kingdom55 years Sep 2012- Director

P&L

August 2024

turnover

484.8k

+22%

operating profit

-15.1k

0%

gross margin

19.6%

+6.89%

turnover

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

Balance Sheet

August 2024

net assets

77.7k

-0.16%

total assets

148.5k

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

haxnicks international ltd company details

company number

08201666

Type

Private limited with Share Capital

industry

22290 - Manufacture of other plastic products

incorporation date

September 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

N/A

accountant

-

auditor

-

address

18-20 high street, shaftesbury, dorset, SP7 8JG

Bank

-

Legal Advisor

-

haxnicks international 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 haxnicks international ltd.

haxnicks international 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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haxnicks international ltd Companies House Filings - See Documents

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