nexxt e-drive limited
nexxt e-drive limited Company Information
Company Number
09500286
Next Accounts
Dec 2024
Industry
Machining
Shareholders
charles edmund philip plowden
luna nominees limited a/c 2144200
View AllGroup Structure
View All
Contact
Registered Address
4th floor 50 mark lane, london, EC3R 7QR
Website
-nexxt e-drive limited Estimated Valuation
Pomanda estimates the enterprise value of NEXXT E-DRIVE LIMITED at £69.4k based on a Turnover of £171.9k and 0.4x industry multiple (adjusted for size and gross margin).
nexxt e-drive limited Estimated Valuation
Pomanda estimates the enterprise value of NEXXT E-DRIVE LIMITED at £0 based on an EBITDA of £-60 and a 3.3x industry multiple (adjusted for size and gross margin).
nexxt e-drive limited Estimated Valuation
Pomanda estimates the enterprise value of NEXXT E-DRIVE LIMITED at £0 based on Net Assets of £-23.3k and 1.73x industry multiple (adjusted for liquidity).
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Nexxt E-drive Limited Overview
Nexxt E-drive Limited is a dissolved company that was located in london, EC3R 7QR with a Companies House number of 09500286. It operated in the machining sector, SIC Code 25620. Founded in March 2015, it's largest shareholder was charles edmund philip plowden with a 6% stake. The last turnover for Nexxt E-drive Limited was estimated at £171.9k.
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Nexxt E-drive Limited Health Check
Pomanda's financial health check has awarded Nexxt E-Drive Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £171.9k, make it smaller than the average company (£7.4m)
- Nexxt E-drive Limited
£7.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nexxt E-drive Limited
- - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (30.3%)
- Nexxt E-drive Limited
30.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.3%)
- Nexxt E-drive Limited
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (73)
2 - Nexxt E-drive Limited
73 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Nexxt E-drive Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £86k, this is less efficient (£105k)
- Nexxt E-drive Limited
£105k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Nexxt E-drive Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (49 days)
- Nexxt E-drive Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nexxt E-drive Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Nexxt E-drive Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16250%, this is a higher level of debt than the average (46.3%)
16250% - Nexxt E-drive Limited
46.3% - Industry AVG
NEXXT E-DRIVE LIMITED financials
Nexxt E-Drive Limited's latest turnover from June 2018 is estimated at £171.9 thousand and the company has net assets of -£23.3 thousand. According to their latest financial statements, Nexxt E-Drive Limited has 2 employees and maintains cash reserves of £144 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 144 | 204 | 10,146 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 144 | 204 | 10,146 |
| total assets | 144 | 204 | 10,146 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 23,373 | 23,373 | 2,038 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 27 | 27 | 31,247 |
| total current liabilities | 23,400 | 23,400 | 33,285 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 23,400 | 23,400 | 33,285 |
| net assets | -23,256 | -23,196 | -23,139 |
| total shareholders funds | -23,256 | -23,196 | -23,139 |
| Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Creditors | 0 | 21,335 | 2,038 |
| Accruals and Deferred Income | 0 | -31,220 | 31,247 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -60 | -9,942 | 10,146 |
| overdraft | 0 | 0 | 0 |
| change in cash | -60 | -9,942 | 10,146 |
nexxt e-drive limited Credit Report and Business Information
Nexxt E-drive Limited Competitor Analysis
Perform a competitor analysis for nexxt e-drive limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in EC3R area or any other competitors across 12 key performance metrics.
nexxt e-drive limited Ownership
NEXXT E-DRIVE LIMITED group structure
Nexxt E-Drive Limited has no subsidiary companies.
Ultimate parent company
NEXXT E-DRIVE LIMITED
09500286
nexxt e-drive limited directors
Nexxt E-Drive Limited currently has 2 directors. The longest serving directors include Mr John Keech (Mar 2015) and Mr Donald Forrest (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Keech | 79 years | Mar 2015 | - | Director | |
| Mr Donald Forrest | United Kingdom | 76 years | Mar 2015 | - | Director |
P&L
June 2018turnover
171.9k
0%
operating profit
-60.9
0%
gross margin
30.3%
+1.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2018net assets
-23.3k
0%
total assets
144
-0.29%
cash
144
-0.29%
net assets
Total assets minus all liabilities
nexxt e-drive limited company details
company number
09500286
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2018
previous names
N/A
accountant
-
auditor
-
address
4th floor 50 mark lane, london, EC3R 7QR
Bank
-
Legal Advisor
-
nexxt e-drive 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 nexxt e-drive limited.
nexxt e-drive limited Companies House Filings - See Documents
| date | description | view/download |
|---|
