Pomanda estimates the enterprise value of NX SECURE LIMITED at £930.4k based on a Turnover of £1.7m and 0.55x industry multiple (adjusted for size and gross margin).
nx secure limitedEstimated Valuation
£394.9k
Pomanda estimates the enterprise value of NX SECURE LIMITED at £394.9k based on an EBITDA of £101k and a 3.91x industry multiple (adjusted for size and gross margin).
nx secure limitedEstimated Valuation
£152.7k
Pomanda estimates the enterprise value of NX SECURE LIMITED at £152.7k based on Net Assets of £73.1k and 2.09x industry multiple (adjusted for liquidity).
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Nx Secure LimitedOverview
Nx Secure Limited is a live company located in moulton park, NN3 6WL with a Companies House number of 09520909. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in April 2015, it's largest shareholder is
theantis (holdings) ltd
with a 100% stake. Nx Secure Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.7m with
low
growth in recent years.
Pomanda's financial health check has awarded Nx Secure Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
4 Regular
8 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£9.4m)
£1.7m - Nx Secure Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.6%)
1% - Nx Secure Limited
6.6% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
38.4% - Nx Secure Limited
38.4% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (6.5%)
5.1% - Nx Secure Limited
6.5% - Industry AVG
Employees
with 16 employees, this is below the industry average (51)
16 - Nx Secure Limited
51 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
£39.8k - Nx Secure Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £105.8k, this is less efficient (£151.7k)
£105.8k - Nx Secure Limited
£151.7k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (48 days)
50 days - Nx Secure Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (38 days)
39 days - Nx Secure Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is more than average (4 days)
11 days - Nx Secure Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Nx Secure Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.4%, this is a higher level of debt than the average (55.6%)
96.4% - Nx Secure Limited
55.6% - Industry AVG
NX SECURE LIMITED financials
EXPORT
Nx Secure Limited's latest turnover from October 2023 is estimated at £1.7 million and the company has net assets of £73.1 thousand. According to their latest financial statements, Nx Secure Limited has 16 employees and maintains cash reserves of £42.9 thousand 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
Turnover
1,693,042
2,291,344
2,850,387
1,648,517
1,445,642
1,003,946
906,940
602,951
Other Income Or Grants
Cost Of Sales
1,042,227
1,500,197
1,855,873
1,059,212
972,620
652,644
560,441
376,962
Gross Profit
650,815
791,147
994,515
589,305
473,021
351,303
346,498
225,989
Admin Expenses
563,986
604,079
970,181
491,613
405,008
427,635
430,383
367,352
Operating Profit
86,829
187,068
24,334
97,692
68,013
-76,332
-83,885
-141,363
Interest Payable
Interest Receivable
1,757
2,265
147
82
517
360
13
6
Pre-Tax Profit
88,585
189,332
24,480
97,774
68,531
-75,972
-83,872
-141,357
Tax
-22,146
-35,973
-4,651
-18,577
-13,021
Profit After Tax
66,439
153,359
19,829
79,197
55,510
-75,972
-83,872
-141,357
Dividends Paid
Retained Profit
66,439
153,359
19,829
79,197
55,510
-75,972
-83,872
-141,357
Employee Costs
636,961
820,286
686,884
453,630
265,750
135,886
127,538
189,864
Number Of Employees
16
22
20
13
8
4
4
6
EBITDA*
100,968
208,261
48,831
126,449
89,572
-61,129
-75,184
-139,523
* 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
Tangible Assets
60,525
51,476
87,445
86,275
116,860
59,762
50,363
24,667
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
60,525
51,476
87,445
86,275
116,860
59,762
50,363
24,667
Stock & work in progress
31,994
31,994
Trade Debtors
236,280
319,117
577,380
245,415
295,022
230,762
187,847
106,163
Group Debtors
1,542,071
1,098,363
170,003
170,003
70,003
70,003
70,003
3
Misc Debtors
127,771
35,246
69,674
118,409
144,284
132,777
145,503
17,086
Cash
42,883
24,037
177,257
116,114
47,483
90,507
5,560
4,846
misc current assets
total current assets
1,980,999
1,508,757
994,314
649,941
556,792
524,049
408,913
128,098
total assets
2,041,524
1,560,233
1,081,759
736,216
673,652
583,811
459,276
152,765
Bank overdraft
Bank loan
Trade Creditors
111,735
189,604
214,099
214,361
180,072
157,934
149,552
75,031
Group/Directors Accounts
1,570,826
1,029,018
846,434
538,881
654,282
677,481
531,237
204,347
other short term finances
hp & lease commitments
other current liabilities
270,696
322,045
151,273
133,073
62,783
49,594
3,713
14,741
total current liabilities
1,953,257
1,540,667
1,211,806
886,315
897,137
885,009
684,502
294,119
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
15,131
12,869
16,615
16,392
22,203
total long term liabilities
15,131
12,869
16,615
16,392
22,203
total liabilities
1,968,388
1,553,536
1,228,421
902,707
919,340
885,009
684,502
294,119
net assets
73,136
6,697
-146,662
-166,491
-245,688
-301,198
-225,226
-141,354
total shareholders funds
73,136
6,697
-146,662
-166,491
-245,688
-301,198
-225,226
-141,354
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Operating Activities
Operating Profit
86,829
187,068
24,334
97,692
68,013
-76,332
-83,885
-141,363
Depreciation
14,139
21,193
24,497
28,757
21,559
15,203
8,701
1,840
Amortisation
Tax
-22,146
-35,973
-4,651
-18,577
-13,021
Stock
31,994
Debtors
453,396
635,669
283,230
24,518
75,767
30,189
280,101
123,252
Creditors
-77,869
-24,495
-262
34,289
22,138
8,382
74,521
75,031
Accruals and Deferred Income
-51,349
170,772
18,200
70,290
13,189
45,881
-11,028
14,741
Deferred Taxes & Provisions
2,262
-3,746
223
-5,811
22,203
Cash flow from operations
-501,530
-352,844
-220,889
182,122
58,314
-37,055
-291,792
-173,003
Investing Activities
capital expenditure
-23,188
14,776
-25,667
1,828
-78,657
-24,602
-34,397
-26,507
Change in Investments
cash flow from investments
-23,188
14,776
-25,667
1,828
-78,657
-24,602
-34,397
-26,507
Financing Activities
Bank loans
Group/Directors Accounts
541,808
182,584
307,553
-115,401
-23,199
146,244
326,890
204,347
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3
interest
1,757
2,265
147
82
517
360
13
6
cash flow from financing
543,565
184,849
307,700
-115,319
-22,682
146,604
326,903
204,356
cash and cash equivalents
cash
18,846
-153,220
61,143
68,631
-43,024
84,947
714
4,846
overdraft
change in cash
18,846
-153,220
61,143
68,631
-43,024
84,947
714
4,846
nx secure limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nx secure limited. Get real-time insights into nx secure limited's credit score, group structure and payment trends.
Perform a competitor analysis for nx secure limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NN3 area or any other competitors across 12 key performance metrics.
pacioli house 9 brookfield, duncan close, moulton park, northampton, NN3 6WL
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Legal Advisor
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nx secure 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 1 charges/mortgages relating to nx secure limited. Currently there are 1 open charges and 0 have been satisfied in the past.
nx secure 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.
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nx secure limitedCompanies House Filings - See Documents
