nixes six plc
nixes six plc Company Information
Company Number
08624398
Website
gatesofvienna.blogspot.bgRegistered Address
third floor 1 kings arms yard, london, EC2R 7AF
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Daniel Wynne7 Years
Shareholders
wilmington trust sp services (london) limited 100%
nixes six plc Estimated Valuation
Pomanda estimates the enterprise value of NIXES SIX PLC at £184.4m based on a Turnover of £104.5m and 1.76x industry multiple (adjusted for size and gross margin).
nixes six plc Estimated Valuation
Pomanda estimates the enterprise value of NIXES SIX PLC at £2.5b based on an EBITDA of £183.1m and a 13.49x industry multiple (adjusted for size and gross margin).
nixes six plc Estimated Valuation
Pomanda estimates the enterprise value of NIXES SIX PLC at £0 based on Net Assets of £-28.1m and 2.57x industry multiple (adjusted for liquidity).
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Nixes Six Plc Overview
Nixes Six Plc is a live company located in london, EC2R 7AF with a Companies House number of 08624398. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2013, it's largest shareholder is wilmington trust sp services (london) limited with a 100% stake. Nixes Six Plc is a established, mega sized company, Pomanda has estimated its turnover at £104.5m with healthy growth in recent years.
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Nixes Six Plc Health Check
Pomanda's financial health check has awarded Nixes Six Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
1 Weak
Size
annual sales of £104.5m, make it larger than the average company (£4.5m)
£104.5m - Nixes Six Plc
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6.4%)
14% - Nixes Six Plc
6.4% - Industry AVG
Production
with a gross margin of 68.8%, this company has a lower cost of product (37.8%)
68.8% - Nixes Six Plc
37.8% - Industry AVG
Profitability
an operating margin of 175.2% make it more profitable than the average company (5.7%)
175.2% - Nixes Six Plc
5.7% - Industry AVG
Employees
with 624 employees, this is above the industry average (26)
- Nixes Six Plc
26 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nixes Six Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £167.5k, this is equally as efficient (£167.6k)
- Nixes Six Plc
£167.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nixes Six Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nixes Six Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nixes Six Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (23 weeks)
50 weeks - Nixes Six Plc
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.7%, this is a higher level of debt than the average (62%)
101.7% - Nixes Six Plc
62% - Industry AVG
NIXES SIX PLC financials
Nixes Six Plc's latest turnover from December 2023 is £104.5 million and the company has net assets of -£28.1 million. According to their latest financial statements, we estimate that Nixes Six Plc has 624 employees and maintains cash reserves of £64.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 104,524,261 | 66,983,412 | 60,649,345 | 69,797,668 | 89,859,892 | 97,452,475 | 107,076,370 | 107,422,636 | 121,206,379 | 128,333,028 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 32,566,728 | 10,452,788 | 8,322,696 | 10,121,386 | 16,904,149 | 17,984,403 | 15,841,064 | 16,404,958 | 16,267,407 | 16,692,051 |
| Gross Profit | 71,957,533 | 56,530,624 | 52,326,649 | 59,676,282 | 72,955,743 | 79,468,072 | 91,235,306 | 91,017,678 | 104,938,972 | 111,640,977 |
| Admin Expenses | 64,848,174 | |||||||||
| Operating Profit | -5,171,892 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -63,912,095 | 33,353,830 | 11,313,534 | -5,171,892 | 5,751,394 | 13,053,362 | -11,716,044 | -7,586,111 | 300,784 | -3,510,232 |
| Tax | -912 | -912 | -912 | -912 | -912 | -912 | -924 | -960 | -960 | -880 |
| Profit After Tax | -63,913,007 | 33,352,918 | 11,312,622 | -5,172,804 | 5,750,482 | 13,052,450 | -11,716,968 | -7,587,071 | 299,824 | -3,511,112 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -63,913,007 | 33,352,918 | 11,312,622 | -5,172,804 | 5,750,482 | 13,052,450 | -11,716,968 | -7,587,071 | 299,824 | -3,511,112 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | |||||
| EBITDA* | -5,171,892 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,597,980,006 | 644,236,441 | 785,720,240 | 730,500,130 | 927,518,624 | 1,127,669,559 | 1,237,071,057 | 1,318,302,116 | 664,740,975 | 883,856,845 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,597,980,006 | 644,236,441 | 785,720,240 | 730,500,130 | 927,518,624 | 1,127,669,559 | 1,237,071,057 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,597,980,006 | 644,236,441 | 785,720,240 | 730,500,130 | 927,518,624 | 1,127,669,559 | 1,237,071,057 | 1,318,302,116 | 664,740,975 | 883,856,845 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 704,787 | 827,580 | 785,593 | 615,853 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,177,966 | 2,388,865 | 2,294,950 | 5,320,899 | 5,062,016 | 8,795,200 | 1,590,216 | 2,604,629 | 5,629,579 | 2,446,722 |
| Cash | 64,930,687 | 67,248,562 | 43,414,813 | 37,121,757 | 52,287,626 | 52,091,779 | 52,383,850 | 65,586,802 | 69,667,227 | 72,757,280 |
| misc current assets | 0 | 16,287,337 | 0 | 0 | 0 | 0 | 0 | 0 | 640,045,232 | 438,192,169 |
| total current assets | 70,108,653 | 85,924,764 | 45,709,763 | 42,442,656 | 57,349,642 | 60,886,979 | 54,678,853 | 69,019,011 | 716,127,631 | 514,012,024 |
| total assets | 1,668,088,659 | 730,161,205 | 831,430,003 | 772,942,786 | 984,868,266 | 1,188,556,538 | 1,291,749,910 | 1,387,321,127 | 1,380,868,606 | 1,397,868,869 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 722,002 | 587,787 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,708 | 34,870,000 | 1,230,344 | 4,342,532 | 0 | 4,869,908 | 15,002,223 | 7,476,527 | 640,045,232 | 438,192,169 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 66,949,060 | 17,590,550 | 34,688,418 | 27,735,294 | 32,806,474 | 130,482,816 | 110,879,752 | 43,998,687 | 51,475,374 | 59,861,085 |
| total current liabilities | 66,950,768 | 52,460,550 | 35,918,762 | 32,077,826 | 32,806,474 | 135,352,724 | 125,881,975 | 51,475,214 | 692,242,608 | 498,641,041 |
| loans | 3,232,901,207 | 1,283,815,624 | 1,586,142,632 | 1,499,475,314 | 1,909,130,211 | 2,120,696,446 | 1,188,370,760 | 2,689,607,329 | 1,381,982,276 | 1,805,281,244 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,629,258,055 | 641,907,812 | 793,071,316 | 749,737,657 | 955,761,685 | 1,062,654,189 | 1,188,370,760 | 1,346,631,770 | 691,824,784 | 902,726,438 |
| total liabilities | 1,696,208,823 | 694,368,362 | 828,990,078 | 781,815,483 | 988,568,159 | 1,198,006,913 | 1,314,252,735 | 1,398,106,984 | 1,384,067,392 | 1,401,367,479 |
| net assets | -28,120,164 | 35,792,843 | 2,439,925 | -8,872,697 | -3,699,893 | -9,450,375 | -22,502,825 | -10,785,857 | -3,198,786 | -3,498,610 |
| total shareholders funds | -28,120,164 | 35,792,843 | 2,439,925 | -8,872,697 | -3,699,893 | -9,450,375 | -22,502,825 | -10,785,857 | -3,198,786 | -3,498,610 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -5,171,892 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -912 | -912 | -912 | -912 | -912 | -912 | -924 | -960 | -960 | -880 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,789,101 | 93,915 | -3,025,949 | 258,883 | -3,733,184 | 6,500,197 | -1,137,206 | -2,982,963 | 3,352,597 | 3,062,575 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -722,002 | 134,215 | 587,787 |
| Accruals and Deferred Income | 49,358,510 | -17,097,868 | 6,953,124 | -5,071,180 | -97,676,342 | 19,603,064 | 66,881,065 | -7,476,687 | -8,385,711 | 59,861,085 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,502,867 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 953,743,565 | -141,483,799 | 55,220,110 | -197,018,494 | -200,150,935 | -109,401,498 | 1,237,071,057 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -34,868,292 | 33,639,656 | -3,112,188 | 4,342,532 | -4,869,908 | -10,132,315 | 7,525,696 | -632,568,705 | 201,853,063 | 438,192,169 |
| Long term loans | 1,949,085,583 | -302,327,008 | 86,667,318 | -409,654,897 | -211,566,235 | 932,325,686 | -1,501,236,569 | 1,307,625,053 | -423,298,968 | 1,805,281,244 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 1,914,217,291 | -268,687,352 | 83,555,130 | -405,312,365 | -216,436,143 | 922,193,371 | -1,493,710,873 | 675,056,348 | -221,445,905 | 2,243,485,915 |
| cash and cash equivalents | ||||||||||
| cash | -2,317,875 | 23,833,749 | 6,293,056 | -15,165,869 | 195,847 | -292,071 | -13,202,952 | -4,080,425 | -3,090,053 | 72,757,280 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,317,875 | 23,833,749 | 6,293,056 | -15,165,869 | 195,847 | -292,071 | -13,202,952 | -4,080,425 | -3,090,053 | 72,757,280 |
nixes six plc Credit Report and Business Information
Nixes Six Plc Competitor Analysis
Perform a competitor analysis for nixes six plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC2R area or any other competitors across 12 key performance metrics.
nixes six plc Ownership
NIXES SIX PLC group structure
Nixes Six Plc has no subsidiary companies.
Ultimate parent company
2 parents
NIXES SIX PLC
08624398
nixes six plc directors
Nixes Six Plc currently has 1 director, Mr Daniel Wynne serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wynne | 54 years | Mar 2017 | - | Director |
P&L
December 2023turnover
104.5m
+56%
operating profit
183.1m
0%
gross margin
68.9%
-18.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-28.1m
-1.79%
total assets
1.7b
+1.28%
cash
64.9m
-0.03%
net assets
Total assets minus all liabilities
nixes six plc company details
company number
08624398
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
third floor 1 kings arms yard, london, EC2R 7AF
Bank
ELAVON FINANCIAL SERVICES LIMITED
Legal Advisor
-
nixes six plc 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 131 charges/mortgages relating to nixes six plc. Currently there are 131 open charges and 0 have been satisfied in the past.
nixes six plc Companies House Filings - See Documents
| date | description | view/download |
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