acrinax ltd
acrinax ltd Company Information
Company Number
09826584
Website
acrinax.comRegistered Address
2nd floor, cannon green, 27 bush lane, london, EC4R 0AA
Industry
Other telecommunications activities
Telephone
443301881011
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
saxon bidco limited 100%
acrinax ltd Estimated Valuation
The estimated valuation range for acrinax ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.2m to £7.4m
acrinax ltd Estimated Valuation
The estimated valuation range for acrinax ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.2m to £7.4m
acrinax ltd Estimated Valuation
The estimated valuation range for acrinax ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.2m to £7.4m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Acrinax Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Acrinax Ltd Overview
Acrinax Ltd is a live company located in london, EC4R 0AA with a Companies House number of 09826584. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in October 2015, it's largest shareholder is saxon bidco limited with a 100% stake. Acrinax Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Acrinax Ltd Health Check
Pomanda's financial health check has awarded Acrinax Ltd 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
1 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£12.5m)
- Acrinax Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.5%)
- Acrinax Ltd
3.5% - Industry AVG
Production
with a gross margin of 19.6%, this company has a higher cost of product (38.8%)
- Acrinax Ltd
38.8% - Industry AVG
Profitability
an operating margin of 63.5% make it more profitable than the average company (4.1%)
- Acrinax Ltd
4.1% - Industry AVG
Employees
with 18 employees, this is below the industry average (52)
18 - Acrinax Ltd
52 - Industry AVG
Pay Structure
on an average salary of £60.9k, the company has an equivalent pay structure (£60.9k)
- Acrinax Ltd
£60.9k - Industry AVG
Efficiency
resulting in sales per employee of £93k, this is less efficient (£228.4k)
- Acrinax Ltd
£228.4k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (38 days)
- Acrinax Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (44 days)
- Acrinax Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acrinax Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (8 weeks)
57 weeks - Acrinax Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.2%, this is a lower level of debt than the average (66%)
29.2% - Acrinax Ltd
66% - Industry AVG
acrinax ltd Credit Report and Business Information
Acrinax Ltd Competitor Analysis
Perform a competitor analysis for acrinax ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
acrinax ltd Ownership
ACRINAX LTD group structure
Acrinax Ltd has no subsidiary companies.
Ultimate parent company
2 parents
ACRINAX LTD
09826584
acrinax ltd directors
Acrinax Ltd currently has 2 directors. The longest serving directors include Mr Ian Brewer (Nov 2023) and Mr Michael Wardell (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Brewer | United Kingdom | 57 years | Nov 2023 | - | Director |
| Mr Michael Wardell | United Kingdom | 43 years | Feb 2024 | - | Director |
ACRINAX LTD financials
Acrinax Ltd's latest turnover from December 2022 is estimated at £1.7 million and the company has net assets of £2.7 million. According to their latest financial statements, Acrinax Ltd has 18 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 18 | 18 | 14 | 12 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,243 | 7,683 | 8,163 | 925 | 2,902 | 2,551 | 2,757 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,243 | 7,683 | 8,163 | 925 | 2,902 | 2,551 | 2,757 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 408,767 | 744,293 | 1,516,908 | 286,969 | 366,929 | 477,725 | 32,098 |
| Group Debtors | 2,032,218 | 482,956 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 170,994 | 358,784 | 378,906 | 271,963 | 205,168 | 0 | 0 |
| Cash | 1,239,321 | 2,818,815 | 1,357,391 | 673,670 | 607,230 | 0 | 36,723 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,851,300 | 4,404,848 | 3,253,205 | 1,232,602 | 1,179,327 | 477,725 | 68,821 |
| total assets | 3,857,543 | 4,412,531 | 3,261,368 | 1,233,527 | 1,182,229 | 480,276 | 71,578 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,807 | 174,429 | 571,228 | 76,916 | 153,884 | 330,262 | 48,789 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,121,483 | 2,425,103 | 2,582,338 | 1,324,160 | 910,616 | 0 | 0 |
| total current liabilities | 1,125,290 | 2,599,532 | 3,153,566 | 1,401,076 | 1,064,500 | 330,262 | 48,789 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,125,290 | 2,599,532 | 3,153,566 | 1,401,076 | 1,064,500 | 330,262 | 48,789 |
| net assets | 2,732,253 | 1,812,999 | 107,802 | -167,549 | 117,729 | 150,014 | 22,789 |
| total shareholders funds | 2,732,253 | 1,812,999 | 107,802 | -167,549 | 117,729 | 150,014 | 22,789 |
| Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 5,675 | 4,809 | 2,557 | 1,977 | 5,034 | 1,379 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,025,946 | -309,781 | 1,336,882 | -13,165 | 94,372 | 445,627 | 32,098 |
| Creditors | -170,622 | -396,799 | 494,312 | -76,968 | -176,378 | 281,473 | 48,789 |
| Accruals and Deferred Income | -1,303,620 | -157,235 | 1,258,178 | 413,544 | 910,616 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,579,494 | 1,461,424 | 683,721 | 66,440 | 607,230 | -36,723 | 36,723 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,579,494 | 1,461,424 | 683,721 | 66,440 | 607,230 | -36,723 | 36,723 |
P&L
December 2022turnover
1.7m
-35%
operating profit
1.1m
0%
gross margin
19.6%
+5.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.7m
+0.51%
total assets
3.9m
-0.13%
cash
1.2m
-0.56%
net assets
Total assets minus all liabilities
acrinax ltd company details
company number
09826584
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
October 2015
age
9
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
2nd floor, cannon green, 27 bush lane, london, EC4R 0AA
last accounts submitted
December 2022
acrinax 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 found 1 charges/mortgages relating to acrinax ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
acrinax ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
