lx1 limited

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lx1 limited Company Information

Share LX1 LIMITED

Company Number

09548172

Directors

Darran Curtis

Shareholders

darran alexander curtis

Group Structure

View All

Industry

Other amusement and recreation activities

 

Registered Address

larch house, parklands business park, denmead, hampshire, PO7 6XP

lx1 limited Estimated Valuation

£471.3k

Pomanda estimates the enterprise value of LX1 LIMITED at £471.3k based on a Turnover of £585.5k and 0.8x industry multiple (adjusted for size and gross margin).

lx1 limited Estimated Valuation

£519.8k

Pomanda estimates the enterprise value of LX1 LIMITED at £519.8k based on an EBITDA of £127.8k and a 4.07x industry multiple (adjusted for size and gross margin).

lx1 limited Estimated Valuation

£373.3k

Pomanda estimates the enterprise value of LX1 LIMITED at £373.3k based on Net Assets of £203.3k and 1.84x industry multiple (adjusted for liquidity).

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Lx1 Limited Overview

Lx1 Limited is a live company located in denmead, PO7 6XP with a Companies House number of 09548172. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in April 2015, it's largest shareholder is darran alexander curtis with a 100% stake. Lx1 Limited is a established, small sized company, Pomanda has estimated its turnover at £585.5k with rapid growth in recent years.

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Lx1 Limited Health Check

Pomanda's financial health check has awarded Lx1 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £585.5k, make it larger than the average company (£378.9k)

£585.5k - Lx1 Limited

£378.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (17.5%)

74% - Lx1 Limited

17.5% - Industry AVG

production

Production

with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)

61.7% - Lx1 Limited

61.7% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (7.4%)

-1.2% - Lx1 Limited

7.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (9)

1 - Lx1 Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)

£19.9k - Lx1 Limited

£19.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £585.5k, this is more efficient (£54.8k)

£585.5k - Lx1 Limited

£54.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is later than average (10 days)

25 days - Lx1 Limited

10 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is quicker than average (45 days)

32 days - Lx1 Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lx1 Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 41 weeks, this is less cash available to meet short term requirements (86 weeks)

41 weeks - Lx1 Limited

86 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.1%, this is a higher level of debt than the average (32.9%)

57.1% - Lx1 Limited

32.9% - Industry AVG

LX1 LIMITED financials

EXPORTms excel logo

Lx1 Limited's latest turnover from April 2024 is estimated at £585.5 thousand and the company has net assets of £203.3 thousand. According to their latest financial statements, Lx1 Limited has 1 employee and maintains cash reserves of £83.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover585,499315,662146,068110,49746,665126,251109,29052,33240,922
Other Income Or Grants
Cost Of Sales224,553112,48551,61642,29318,20651,25345,68622,00616,514
Gross Profit360,946203,17694,45268,20428,45874,99863,60430,32524,408
Admin Expenses367,807222,039-73,72062,902-23,54963,55044,24021,11920,013
Operating Profit-6,861-18,863168,1725,30252,00711,44819,3649,2064,395
Interest Payable
Interest Receivable5,1054,45465557322061093843
Pre-Tax Profit-1,756-14,409168,8275,35952,03811,65419,4739,2444,438
Tax-32,077-1,018-9,887-2,214-3,700-1,756-887
Profit After Tax-1,756-14,409136,7504,34142,1519,44015,7737,4883,550
Dividends Paid
Retained Profit-1,756-14,409136,7504,34142,1519,44015,7737,4883,550
Employee Costs19,94119,11917,99334,78517,64419,55718,44217,27815,806
Number Of Employees111211111
EBITDA*127,81990,788230,16613,97376,09026,14127,54315,5167,738

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets345,858342,890210,48271,31973,30431,96219,72819,69011,783
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets345,858342,890210,48271,31973,30431,96219,72819,69011,783
Stock & work in progress2,4654,816
Trade Debtors41,63723,53813,3568,5171,3369,9957,1582,7562,115
Group Debtors
Misc Debtors3,1315,4238,7093031,005721487308406
Cash83,333111,14698,47476,24537,91225,09329,94113,53617,046
misc current assets
total current assets128,101140,107123,00489,88140,25335,80937,58616,60019,567
total assets473,959482,997333,486161,200113,55767,77157,31436,29031,350
Bank overdraft
Bank loan
Trade Creditors 19,84841,5484,0125,8024,7981,8301,088471
Group/Directors Accounts19,05929,2745,2422,4104,2756,17810,789
other short term finances
hp & lease commitments43,73339,56217,035
other current liabilities40,77912,85124,01443,38029,91224,31124,39717,98516,539
total current liabilities104,36093,96164,12078,45635,15431,51930,50225,25127,799
loans
hp & lease commitments80,146123,92149,872
Accruals and Deferred Income
other liabilities
provisions86,12460,030
total long term liabilities166,270183,95149,872
total liabilities270,630277,912113,99278,45635,15431,51930,50225,25127,799
net assets203,329205,085219,49482,74478,40336,25226,81211,0393,551
total shareholders funds203,329205,085219,49482,74478,40336,25226,81211,0393,551
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit-6,861-18,863168,1725,30252,00711,44819,3649,2064,395
Depreciation134,680109,65161,9948,67124,08314,6938,1796,3103,343
Amortisation
Tax-32,077-1,018-9,887-2,214-3,700-1,756-887
Stock-2,465-2,3514,816
Debtors15,8076,89613,2456,479-8,3753,0714,5815432,521
Creditors-21,70037,536-1,7905,802-4,7982,968742617471
Accruals and Deferred Income27,928-11,163-19,36613,4685,601-866,4121,44616,539
Deferred Taxes & Provisions26,09460,030
Cash flow from operations144,334172,760166,03920,93075,38123,73826,41615,28021,340
Investing Activities
capital expenditure-137,648-242,059-201,157-6,686-65,425-26,927-8,217-14,217-15,126
Change in Investments
cash flow from investments-137,648-242,059-201,157-6,686-65,425-26,927-8,217-14,217-15,126
Financing Activities
Bank loans
Group/Directors Accounts-19,059-10,21524,0322,832-1,865-1,903-4,61110,789
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-39,60496,57666,907
other long term liabilities
share issue1
interest5,1054,45465557322061093843
cash flow from financing-34,49981,97157,34724,0892,864-1,659-1,794-4,57310,833
cash and cash equivalents
cash-27,81312,67222,22938,33312,819-4,84816,405-3,51017,046
overdraft
change in cash-27,81312,67222,22938,33312,819-4,84816,405-3,51017,046

lx1 limited 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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Lx1 Limited Competitor Analysis

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Perform a competitor analysis for lx1 limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in PO7 area or any other competitors across 12 key performance metrics.

lx1 limited Ownership

LX1 LIMITED group structure

Lx1 Limited has no subsidiary companies.

Ultimate parent company

LX1 LIMITED

09548172

LX1 LIMITED Shareholders

darran alexander curtis 100%

lx1 limited directors

Lx1 Limited currently has 1 director, Mr Darran Curtis serving since Apr 2015.

officercountryagestartendrole
Mr Darran CurtisUnited Kingdom41 years Apr 2015- Director

P&L

April 2024

turnover

585.5k

+85%

operating profit

-6.9k

0%

gross margin

61.7%

-4.22%

turnover

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

Balance Sheet

April 2024

net assets

203.3k

-0.01%

total assets

474k

-0.02%

cash

83.3k

-0.25%

net assets

Total assets minus all liabilities

lx1 limited company details

company number

09548172

Type

Private limited with Share Capital

industry

93290 - Other amusement and recreation activities

incorporation date

April 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

GIBSON WHITTER

auditor

-

address

larch house, parklands business park, denmead, hampshire, PO7 6XP

Bank

-

Legal Advisor

-

lx1 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 lx1 limited.

lx1 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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lx1 limited Companies House Filings - See Documents

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