korixon ltd
korixon ltd Company Information
Company Number
09547116
Next Accounts
Jan 2026
Shareholders
benjamin dixon
jamie kordecki
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
boardwalk 1st floor, 21 little peter street, manchester, M15 4PS
Website
korixon.comkorixon ltd Estimated Valuation
Pomanda estimates the enterprise value of KORIXON LTD at £122.1k based on a Turnover of £161.1k and 0.76x industry multiple (adjusted for size and gross margin).
korixon ltd Estimated Valuation
Pomanda estimates the enterprise value of KORIXON LTD at £96.1k based on an EBITDA of £36.7k and a 2.62x industry multiple (adjusted for size and gross margin).
korixon ltd Estimated Valuation
Pomanda estimates the enterprise value of KORIXON LTD at £46.9k based on Net Assets of £35.9k and 1.31x industry multiple (adjusted for liquidity).
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Korixon Ltd Overview
Korixon Ltd is a live company located in manchester, M15 4PS with a Companies House number of 09547116. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2015, it's largest shareholder is benjamin dixon with a 50% stake. Korixon Ltd is a established, micro sized company, Pomanda has estimated its turnover at £161.1k with rapid growth in recent years.
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Korixon Ltd Health Check
Pomanda's financial health check has awarded Korixon Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £161.1k, make it smaller than the average company (£5.5m)
- Korixon Ltd
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 476%, show it is growing at a faster rate (7.3%)
- Korixon Ltd
7.3% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (53.8%)
- Korixon Ltd
53.8% - Industry AVG
Profitability
an operating margin of 22.8% make it more profitable than the average company (9%)
- Korixon Ltd
9% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Korixon Ltd
12 - Industry AVG
Pay Structure
on an average salary of £80.5k, the company has an equivalent pay structure (£80.5k)
- Korixon Ltd
£80.5k - Industry AVG
Efficiency
resulting in sales per employee of £161.1k, this is less efficient (£218.8k)
- Korixon Ltd
£218.8k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (33 days)
- Korixon Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (39 days)
- Korixon Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Korixon Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Korixon Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (70.4%)
41.2% - Korixon Ltd
70.4% - Industry AVG
KORIXON LTD financials
Korixon Ltd's latest turnover from April 2024 is estimated at £161.1 thousand and the company has net assets of £35.9 thousand. According to their latest financial statements, we estimate that Korixon Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | |
| Intangible Assets | |||||||||
| Investments & Other | 8,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 |
| Stock & work in progress | |||||||||
| Trade Debtors | 53,072 | 50,375 | 9 | 221 | 77 | 76 | 90,000 | 17,145 | |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 18,733 | ||||||||
| misc current assets | 8,273 | ||||||||
| total current assets | 53,072 | 50,375 | 9 | 221 | 77 | 8,349 | 90,000 | 17,145 | 18,733 |
| total assets | 61,072 | 58,375 | 8,009 | 8,221 | 8,077 | 16,349 | 98,000 | 25,145 | 26,733 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 25,158 | 50,000 | 16 | 204 | 82,681 | 10,519 | 12,127 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 25,158 | 50,000 | 16 | 204 | 82,681 | 10,519 | 12,127 | ||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 25,158 | 50,000 | 16 | 204 | 82,681 | 10,519 | 12,127 | ||
| net assets | 35,914 | 8,375 | 8,009 | 8,221 | 8,061 | 16,145 | 15,319 | 14,626 | 14,606 |
| total shareholders funds | 35,914 | 8,375 | 8,009 | 8,221 | 8,061 | 16,145 | 15,319 | 14,626 | 14,606 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 2,697 | 50,366 | -212 | 144 | 1 | -89,924 | 72,855 | 17,145 | |
| Creditors | -24,842 | 50,000 | -16 | -188 | -82,477 | 72,162 | -1,608 | 12,127 | |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -8,000 | 8,000 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -18,733 | 18,733 | |||||||
| overdraft | |||||||||
| change in cash | -18,733 | 18,733 |
korixon ltd Credit Report and Business Information
Korixon Ltd Competitor Analysis
Perform a competitor analysis for korixon ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in M15 area or any other competitors across 12 key performance metrics.
korixon ltd Ownership
KORIXON LTD group structure
Korixon Ltd has no subsidiary companies.
Ultimate parent company
KORIXON LTD
09547116
korixon ltd directors
Korixon Ltd currently has 2 directors. The longest serving directors include Mr Benjamin Dixon (Apr 2015) and Mr Jamie Kordecki (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Dixon | England | 59 years | Apr 2015 | - | Director |
| Mr Jamie Kordecki | England | 40 years | Apr 2015 | - | Director |
P&L
April 2024turnover
161.1k
+3%
operating profit
36.7k
0%
gross margin
12.6%
-19.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
35.9k
+3.29%
total assets
61.1k
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
korixon ltd company details
company number
09547116
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
boardwalk 1st floor, 21 little peter street, manchester, M15 4PS
Bank
-
Legal Advisor
-
korixon 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 korixon ltd.
korixon 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.
Click to start generating capital raising & share issue transactions for KORIXON LTD. This can take several minutes, an email will notify you when this has completed.
korixon ltd Companies House Filings - See Documents
| date | description | view/download |
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