grand technix limited
grand technix limited Company Information
Group Structure
View All
Industry
Retail sale of audio and video equipment in specialised stores
+3Registered Address
c/o hcr legal 2 cornwall street, birmingham, B3 2DX
Website
one-asset.comgrand technix limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND TECHNIX LIMITED at £1.3m based on a Turnover of £2.3m and 0.58x industry multiple (adjusted for size and gross margin).
grand technix limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND TECHNIX LIMITED at £1.4m based on an EBITDA of £351.8k and a 3.92x industry multiple (adjusted for size and gross margin).
grand technix limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND TECHNIX LIMITED at £775.6k based on Net Assets of £309.4k and 2.51x industry multiple (adjusted for liquidity).
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Grand Technix Limited Overview
Grand Technix Limited is a live company located in birmingham, B3 2DX with a Companies House number of 09627853. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in June 2015, it's largest shareholder is one asset limited with a 100% stake. Grand Technix Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
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Grand Technix Limited Health Check
Pomanda's financial health check has awarded Grand Technix Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£10m)
- Grand Technix Limited
£10m - Industry AVG
Growth
3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (6.9%)
- Grand Technix Limited
6.9% - Industry AVG
Production
with a gross margin of 34.3%, this company has a comparable cost of product (34.3%)
- Grand Technix Limited
34.3% - Industry AVG
Profitability
an operating margin of 15.5% make it more profitable than the average company (6.7%)
- Grand Technix Limited
6.7% - Industry AVG
Employees
with 8 employees, this is below the industry average (50)
8 - Grand Technix Limited
50 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Grand Technix Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £283.8k, this is more efficient (£196.6k)
- Grand Technix Limited
£196.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (54 days)
- Grand Technix Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (37 days)
- Grand Technix Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 397 days, this is more than average (41 days)
- Grand Technix Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Grand Technix Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.8%, this is a higher level of debt than the average (57%)
81.8% - Grand Technix Limited
57% - Industry AVG
GRAND TECHNIX LIMITED financials
Grand Technix Limited's latest turnover from December 2023 is estimated at £2.3 million and the company has net assets of £309.4 thousand. According to their latest financial statements, Grand Technix Limited has 8 employees and maintains cash reserves of £63 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -49,053 | ||||||||
| Tax | |||||||||
| Profit After Tax | -49,053 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | -49,053 | ||||||||
| Employee Costs | 35,086 | ||||||||
| Number Of Employees | 8 | 3 | 3 | 3 | 2 | 1 | 2 | 2 | 2 |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,383 | 28,766 | 43,149 | 57,532 | 71,915 | ||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 14,383 | 28,766 | 43,149 | 57,532 | 71,915 | ||||
| Stock & work in progress | 1,625,167 | 42,894 | 128,803 | ||||||
| Trade Debtors | 10,970 | 60,895 | 47,055 | 35,433 | 15,710 | 40,988 | 47,737 | 12,403 | |
| Group Debtors | 2,000 | 266,865 | 217,267 | 215,293 | 321,544 | 325,345 | 360,439 | 473,554 | |
| Misc Debtors | 235 | 20 | 20 | 1,367 | 20 | 20 | 12,336 | 1,131 | 100 |
| Cash | 63,037 | 100,510 | 189,384 | 223,473 | 123,162 | 207,787 | 88,427 | 22,111 | |
| misc current assets | |||||||||
| total current assets | 1,701,409 | 428,290 | 453,726 | 475,566 | 460,436 | 574,140 | 508,939 | 552,093 | 128,903 |
| total assets | 1,701,409 | 428,290 | 468,109 | 504,332 | 503,585 | 631,672 | 580,854 | 552,093 | 128,903 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 3,900 | 615 | 1,920 | 986 | 15,930 | 4,552 | 8,813 | ||
| Group/Directors Accounts | 1,354,728 | 353,675 | 283,175 | 357,524 | 412,524 | 568,205 | 528,544 | 460,538 | 177,856 |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 33,344 | 32,241 | 16,124 | 31,049 | 19,869 | 25,127 | 6,935 | 37,503 | |
| total current liabilities | 1,391,972 | 385,916 | 299,914 | 390,493 | 433,379 | 609,262 | 540,031 | 506,854 | 177,856 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 670 | 1,750 | 2,490 | ||||||
| total long term liabilities | 670 | 1,750 | 2,490 | ||||||
| total liabilities | 1,391,972 | 385,916 | 299,914 | 390,493 | 434,049 | 611,012 | 542,521 | 506,854 | 177,856 |
| net assets | 309,437 | 42,374 | 168,195 | 113,839 | 69,536 | 20,660 | 38,333 | 45,239 | -48,953 |
| total shareholders funds | 309,437 | 42,374 | 168,195 | 113,839 | 69,536 | 20,660 | 38,333 | 45,239 | -48,953 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 14,383 | 14,383 | 14,383 | 14,383 | 14,383 | ||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 1,625,167 | -42,894 | -85,909 | 128,803 | |||||
| Debtors | -314,575 | 63,438 | 12,249 | -85,181 | -29,079 | -54,159 | -66,576 | 486,988 | 100 |
| Creditors | 3,900 | -615 | -1,305 | 934 | -14,944 | 11,378 | -4,261 | 8,813 | |
| Accruals and Deferred Income | 1,103 | 16,117 | -14,925 | 11,180 | -5,258 | 18,192 | -30,568 | 37,503 | |
| Deferred Taxes & Provisions | -670 | -1,080 | -740 | 2,490 | |||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 1,001,053 | 70,500 | -74,349 | -55,000 | -155,681 | 39,661 | 68,006 | 282,682 | 177,856 |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | 177,956 | ||||||||
| cash and cash equivalents | |||||||||
| cash | -37,473 | -88,874 | -34,089 | 100,311 | -84,625 | 119,360 | 66,316 | 22,111 | |
| overdraft | |||||||||
| change in cash | -37,473 | -88,874 | -34,089 | 100,311 | -84,625 | 119,360 | 66,316 | 22,111 |
grand technix limited Credit Report and Business Information
Grand Technix Limited Competitor Analysis
Perform a competitor analysis for grand technix limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B 3 area or any other competitors across 12 key performance metrics.
grand technix limited Ownership
GRAND TECHNIX LIMITED group structure
Grand Technix Limited has no subsidiary companies.
Ultimate parent company
2 parents
GRAND TECHNIX LIMITED
09627853
grand technix limited directors
Grand Technix Limited currently has 1 director, Mr Nicholas Smith serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Smith | England | 55 years | Jun 2015 | - | Director |
P&L
December 2023turnover
2.3m
+376%
operating profit
351.8k
0%
gross margin
34.4%
-3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
309.4k
+6.3%
total assets
1.7m
+2.97%
cash
63k
-0.37%
net assets
Total assets minus all liabilities
Similar Companies
grand technix limited company details
company number
09627853
Type
Private limited with Share Capital
industry
47430 - Retail sale of audio and video equipment in specialised stores
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
one experiential limited (November 2023)
accountant
-
auditor
-
address
c/o hcr legal 2 cornwall street, birmingham, B3 2DX
Bank
-
Legal Advisor
-
grand technix 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 grand technix limited.
grand technix 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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grand technix limited Companies House Filings - See Documents
| date | description | view/download |
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