paul mexx ltd
paul mexx ltd Company Information
Company Number
10010115
Next Accounts
Nov 2025
Industry
Sale of used cars and light motor vehicles
Directors
Shareholders
paul andrew meeks
Group Structure
View All
Contact
Registered Address
unit 3 & 4 acre ridge alfreton, derby, derbyshire, DE55 7RG
Website
www.paulmeeks.co.ukpaul mexx ltd Estimated Valuation
Pomanda estimates the enterprise value of PAUL MEXX LTD at £151.7k based on a Turnover of £633k and 0.24x industry multiple (adjusted for size and gross margin).
paul mexx ltd Estimated Valuation
Pomanda estimates the enterprise value of PAUL MEXX LTD at £0 based on an EBITDA of £-19.7k and a 3.14x industry multiple (adjusted for size and gross margin).
paul mexx ltd Estimated Valuation
Pomanda estimates the enterprise value of PAUL MEXX LTD at £0 based on Net Assets of £-26k and 2.87x industry multiple (adjusted for liquidity).
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Paul Mexx Ltd Overview
Paul Mexx Ltd is a live company located in derbyshire, DE55 7RG with a Companies House number of 10010115. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2016, it's largest shareholder is paul andrew meeks with a 100% stake. Paul Mexx Ltd is a young, small sized company, Pomanda has estimated its turnover at £633k with declining growth in recent years.
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Paul Mexx Ltd Health Check
Pomanda's financial health check has awarded Paul Mexx Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £633k, make it smaller than the average company (£1.7m)
- Paul Mexx Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (12.5%)
- Paul Mexx Ltd
12.5% - Industry AVG
Production
with a gross margin of 7%, this company has a higher cost of product (11.3%)
- Paul Mexx Ltd
11.3% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (2.8%)
- Paul Mexx Ltd
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Paul Mexx Ltd
6 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Paul Mexx Ltd
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £633k, this is more efficient (£401.8k)
- Paul Mexx Ltd
£401.8k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (9 days)
- Paul Mexx Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (12 days)
- Paul Mexx Ltd
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paul Mexx Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Paul Mexx Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.3%, this is a higher level of debt than the average (68.2%)
129.3% - Paul Mexx Ltd
68.2% - Industry AVG
PAUL MEXX LTD financials
Paul Mexx Ltd's latest turnover from February 2024 is estimated at £633 thousand and the company has net assets of -£26 thousand. According to their latest financial statements, we estimate that Paul Mexx Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,385 | 20,513 | 26,479 | 34,003 | 6,594 | 7,441 | 7,700 | 9,113 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,385 | 20,513 | 26,479 | 34,003 | 6,594 | 7,441 | 7,700 | 9,113 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 73,169 | 100,447 | 104,376 | 127,921 | 144,134 | 122,832 | 159,749 | 100,515 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 776 |
| total current assets | 73,169 | 100,447 | 104,376 | 127,921 | 144,134 | 122,832 | 159,749 | 101,291 |
| total assets | 88,554 | 120,960 | 130,855 | 161,924 | 150,728 | 130,273 | 167,449 | 110,404 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 77,588 | 86,760 | 86,943 | 111,150 | 158,023 | 129,736 | 153,028 | 101,186 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 77,588 | 86,760 | 86,943 | 111,150 | 158,023 | 129,736 | 153,028 | 101,186 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,220 | 2,223 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 34,722 | 38,289 | 44,933 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,942 | 40,512 | 44,933 | 50,000 | 0 | 0 | 0 | 0 |
| total liabilities | 114,530 | 127,272 | 131,876 | 161,150 | 158,023 | 129,736 | 153,028 | 101,186 |
| net assets | -25,976 | -6,312 | -1,021 | 774 | -7,295 | 537 | 14,421 | 9,218 |
| total shareholders funds | -25,976 | -6,312 | -1,021 | 774 | -7,295 | 537 | 14,421 | 9,218 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -27,278 | -3,929 | -23,545 | -16,213 | 21,302 | -36,917 | 59,234 | 100,515 |
| Creditors | -9,172 | -183 | -24,207 | -46,873 | 28,287 | -23,292 | 51,842 | 101,186 |
| Accruals and Deferred Income | -3 | 2,223 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,567 | -6,644 | -5,067 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
paul mexx ltd Credit Report and Business Information
Paul Mexx Ltd Competitor Analysis
Perform a competitor analysis for paul mexx ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in DE55 area or any other competitors across 12 key performance metrics.
paul mexx ltd Ownership
PAUL MEXX LTD group structure
Paul Mexx Ltd has no subsidiary companies.
Ultimate parent company
PAUL MEXX LTD
10010115
paul mexx ltd directors
Paul Mexx Ltd currently has 1 director, Mr Paul Meeks serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Meeks | England | 61 years | Feb 2016 | - | Director |
P&L
February 2024turnover
633k
-21%
operating profit
-19.7k
0%
gross margin
7%
-4.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-26k
+3.12%
total assets
88.6k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
paul mexx ltd company details
company number
10010115
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
HARDINGHAM & CO LIMITED
auditor
-
address
unit 3 & 4 acre ridge alfreton, derby, derbyshire, DE55 7RG
Bank
-
Legal Advisor
-
paul mexx 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 paul mexx ltd.
paul mexx 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.
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paul mexx ltd Companies House Filings - See Documents
| date | description | view/download |
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