x i skips limited
x i skips limited Company Information
Company Number
09837120
Next Accounts
1283 days late
Shareholders
charlie eldridge
Group Structure
View All
Industry
Collection of non-hazardous waste
Registered Address
6-8 freeman street, grimsby, DN32 7AA
Website
xiskips.co.ukx i skips limited Estimated Valuation
Pomanda estimates the enterprise value of X I SKIPS LIMITED at £106.9k based on a Turnover of £199.4k and 0.54x industry multiple (adjusted for size and gross margin).
x i skips limited Estimated Valuation
Pomanda estimates the enterprise value of X I SKIPS LIMITED at £0 based on an EBITDA of £-27k and a 2.91x industry multiple (adjusted for size and gross margin).
x i skips limited Estimated Valuation
Pomanda estimates the enterprise value of X I SKIPS LIMITED at £0 based on Net Assets of £-66.3k and 3.2x industry multiple (adjusted for liquidity).
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X I Skips Limited Overview
X I Skips Limited is a live company located in grimsby, DN32 7AA with a Companies House number of 09837120. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in October 2015, it's largest shareholder is charlie eldridge with a 100% stake. X I Skips Limited is a established, micro sized company, Pomanda has estimated its turnover at £199.4k with unknown growth in recent years.
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X I Skips Limited Health Check
Pomanda's financial health check has awarded X I Skips Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £199.4k, make it smaller than the average company (£10m)
- X I Skips Limited
£10m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- X I Skips Limited
- - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (23.2%)
- X I Skips Limited
23.2% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (4.9%)
- X I Skips Limited
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (62)
- X I Skips Limited
62 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- X I Skips Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £199.4k, this is more efficient (£132.8k)
- X I Skips Limited
£132.8k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (47 days)
- X I Skips Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 167 days, this is slower than average (37 days)
- X I Skips Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- X I Skips Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - X I Skips Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 630.3%, this is a higher level of debt than the average (65.4%)
630.3% - X I Skips Limited
65.4% - Industry AVG
X I SKIPS LIMITED financials
X I Skips Limited's latest turnover from October 2019 is estimated at £199.4 thousand and the company has net assets of -£66.3 thousand. According to their latest financial statements, we estimate that X I Skips Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|
| Tangible Assets | 2,490 | 14,850 | 26,825 | 31,800 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,490 | 14,850 | 26,825 | 31,800 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,015 | 5,136 | 342 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 40 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 10,015 | 5,136 | 342 | 40 |
| total assets | 12,505 | 19,986 | 27,167 | 31,840 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 78,815 | 59,288 | 57,003 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 42,358 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 6,292 |
| total current liabilities | 78,815 | 59,288 | 57,003 | 48,650 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 78,815 | 59,288 | 57,003 | 48,650 |
| net assets | -66,310 | -39,302 | -29,836 | -16,810 |
| total shareholders funds | -66,310 | -39,302 | -29,836 | -16,810 |
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 10,600 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 4,879 | 4,794 | 342 | 0 |
| Creditors | 19,527 | 2,285 | 57,003 | 0 |
| Accruals and Deferred Income | 0 | 0 | -6,292 | 6,292 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -42,358 | 42,358 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | -40 | 40 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -40 | 40 |
x i skips limited Credit Report and Business Information
X I Skips Limited Competitor Analysis
Perform a competitor analysis for x i skips limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in DN32 area or any other competitors across 12 key performance metrics.
x i skips limited Ownership
X I SKIPS LIMITED group structure
X I Skips Limited has no subsidiary companies.
Ultimate parent company
X I SKIPS LIMITED
09837120
x i skips limited directors
X I Skips Limited currently has 2 directors. The longest serving directors include Ms Charlie Eldridge (Oct 2015) and Mr Tommy Maloney (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Charlie Eldridge | England | 39 years | Oct 2015 | - | Director |
| Mr Tommy Maloney | 42 years | Jun 2018 | - | Director |
P&L
October 2019turnover
199.4k
+42%
operating profit
-27k
0%
gross margin
14.1%
-4.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
-66.3k
+0.69%
total assets
12.5k
-0.37%
cash
0
0%
net assets
Total assets minus all liabilities
x i skips limited company details
company number
09837120
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2019
previous names
N/A
accountant
-
auditor
-
address
6-8 freeman street, grimsby, DN32 7AA
Bank
-
Legal Advisor
-
x i skips 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 x i skips limited.
x i skips 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.
Click to start generating capital raising & share issue transactions for X I SKIPS LIMITED. This can take several minutes, an email will notify you when this has completed.
x i skips limited Companies House Filings - See Documents
| date | description | view/download |
|---|
