rex it communication ltd

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rex it communication ltd Company Information

Share REX IT COMMUNICATION LTD

Company Number

10099916

Shareholders

gulam kibria jaigirdar

shuhena bahar

Group Structure

View All

Industry

Other information service activities n.e.c.

 

Registered Address

26 donoghue cottages, galsworthy avenue, london, E14 7SH

Website

-

rex it communication ltd Estimated Valuation

£87.9k

Pomanda estimates the enterprise value of REX IT COMMUNICATION LTD at £87.9k based on a Turnover of £133k and 0.66x industry multiple (adjusted for size and gross margin).

rex it communication ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of REX IT COMMUNICATION LTD at £0 based on an EBITDA of £-5.4k and a 3.87x industry multiple (adjusted for size and gross margin).

rex it communication ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of REX IT COMMUNICATION LTD at £0 based on Net Assets of £-7.7k and 2.39x industry multiple (adjusted for liquidity).

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Rex It Communication Ltd Overview

Rex It Communication Ltd is a live company located in london, E14 7SH with a Companies House number of 10099916. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in April 2016, it's largest shareholder is gulam kibria jaigirdar with a 50% stake. Rex It Communication Ltd is a young, micro sized company, Pomanda has estimated its turnover at £133k with declining growth in recent years.

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Rex It Communication Ltd Health Check

Pomanda's financial health check has awarded Rex It Communication 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £133k, make it smaller than the average company (£901.1k)

£133k - Rex It Communication Ltd

£901.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (6.7%)

-20% - Rex It Communication Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 35.1%, this company has a higher cost of product (70.7%)

35.1% - Rex It Communication Ltd

70.7% - Industry AVG

profitability

Profitability

an operating margin of -4% make it less profitable than the average company (4.9%)

-4% - Rex It Communication Ltd

4.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (19)

1 - Rex It Communication Ltd

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)

£31.3k - Rex It Communication Ltd

£31.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £133k, this is more efficient (£56.1k)

£133k - Rex It Communication Ltd

£56.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (28 days)

81 days - Rex It Communication Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is slower than average (32 days)

37 days - Rex It Communication Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rex It Communication Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rex It Communication Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 124.1%, this is a higher level of debt than the average (27.5%)

124.1% - Rex It Communication Ltd

27.5% - Industry AVG

REX IT COMMUNICATION LTD financials

EXPORTms excel logo

Rex It Communication Ltd's latest turnover from April 2024 is estimated at £133 thousand and the company has net assets of -£7.7 thousand. According to their latest financial statements, we estimate that Rex It Communication Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover133,043160,998233,518264,56016,005
Other Income Or Grants
Cost Of Sales86,379103,012144,071175,35910,611
Gross Profit46,66557,98689,44789,2025,394
Admin Expenses52,03761,27689,39488,9614,443
Operating Profit-5,372-3,29053241951
Interest Payable
Interest Receivable
Pre-Tax Profit-5,372-3,29053241951
Tax-10-46-181
Profit After Tax-5,372-3,29043195770
Dividends Paid
Retained Profit-5,372-3,29043195770
Employee Costs31,27359,80455,98779,82525,579
Number Of Employees12231
EBITDA*-5,372-3,29053241951

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets2,0542,739559745
Intangible Assets
Investments & Other993
Debtors (Due After 1 year)
Total Fixed Assets2,0542,739559745993
Stock & work in progress
Trade Debtors29,69439,23762,06765,7243,712
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets29,69439,23762,06765,7243,712
total assets31,74841,97662,62666,4694,705
Bank overdraft
Bank loan
Trade Creditors 8,9257,07118,63714,5043,435
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,9257,07118,63714,5043,435
loans
hp & lease commitments
Accruals and Deferred Income1,5001,000500
other liabilities30,47737,18741,48150,000
provisions
total long term liabilities30,47737,18742,98151,000500
total liabilities39,40244,25861,61865,5043,935
net assets-7,654-2,2821,008965770
total shareholders funds-7,654-2,2821,008965770
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit-5,372-3,29053241951
Depreciation
Amortisation
Tax-10-46-181
Stock
Debtors-9,543-22,830-3,65762,0123,712
Creditors1,854-11,5664,13311,0693,435
Accruals and Deferred Income-1,500500500500
Deferred Taxes & Provisions
Cash flow from operations6,0256,4748,333-50,248993
Investing Activities
capital expenditure685-2,180186-745
Change in Investments-993993
cash flow from investments685-2,180186248-993
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-6,710-4,294-8,51950,000
share issue
interest
cash flow from financing-6,710-4,294-8,51950,000
cash and cash equivalents
cash
overdraft
change in cash

rex it communication ltd 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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Rex It Communication Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rex it communication ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.

rex it communication ltd Ownership

REX IT COMMUNICATION LTD group structure

Rex It Communication Ltd has no subsidiary companies.

Ultimate parent company

REX IT COMMUNICATION LTD

10099916

REX IT COMMUNICATION LTD Shareholders

gulam kibria jaigirdar 50%
shuhena bahar 50%

rex it communication ltd directors

Rex It Communication Ltd currently has 1 director, Mr Gulam Jaigirdar serving since Apr 2016.

officercountryagestartendrole
Mr Gulam JaigirdarEngland49 years Apr 2016- Director

P&L

April 2024

turnover

133k

-17%

operating profit

-5.4k

0%

gross margin

35.1%

-2.61%

turnover

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

Balance Sheet

April 2024

net assets

-7.7k

+2.35%

total assets

31.7k

-0.24%

cash

0

0%

net assets

Total assets minus all liabilities

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rex it communication ltd company details

company number

10099916

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

26 donoghue cottages, galsworthy avenue, london, E14 7SH

Bank

-

Legal Advisor

-

rex it communication 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 rex it communication ltd.

rex it communication 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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rex it communication ltd Companies House Filings - See Documents

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