avantix global it remarketing ltd
avantix global it remarketing ltd Company Information
Group Structure
View All
Industry
Computer consultancy activities
+1Registered Address
5 chancery lane, london, WC2A 1LG
Website
-avantix global it remarketing ltd Estimated Valuation
Pomanda estimates the enterprise value of AVANTIX GLOBAL IT REMARKETING LTD at £1.9m based on a Turnover of £3.2m and 0.59x industry multiple (adjusted for size and gross margin).
avantix global it remarketing ltd Estimated Valuation
Pomanda estimates the enterprise value of AVANTIX GLOBAL IT REMARKETING LTD at £0 based on an EBITDA of £-140k and a 4.07x industry multiple (adjusted for size and gross margin).
avantix global it remarketing ltd Estimated Valuation
Pomanda estimates the enterprise value of AVANTIX GLOBAL IT REMARKETING LTD at £0 based on Net Assets of £-86.7k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Avantix Global It Remarketing Ltd Overview
Avantix Global It Remarketing Ltd is a dissolved company that was located in london, WC2A 1LG with a Companies House number of 10267581. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2016, it's largest shareholder was avantix ag with a 100% stake. The last turnover for Avantix Global It Remarketing Ltd was estimated at £3.2m.
Upgrade for unlimited company reports & a free credit check
Avantix Global It Remarketing Ltd Health Check
Pomanda's financial health check has awarded Avantix Global It Remarketing Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £3.2m, make it larger than the average company (£1.4m)
- Avantix Global It Remarketing Ltd
£1.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Avantix Global It Remarketing Ltd
- - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (55.7%)
- Avantix Global It Remarketing Ltd
55.7% - Industry AVG
Profitability
an operating margin of -4.3% make it less profitable than the average company (9.3%)
- Avantix Global It Remarketing Ltd
9.3% - Industry AVG
Employees
with 15 employees, this is below the industry average (25)
- Avantix Global It Remarketing Ltd
25 - Industry AVG
Pay Structure
on an average salary of £54.1k, the company has an equivalent pay structure (£54.1k)
- Avantix Global It Remarketing Ltd
£54.1k - Industry AVG
Efficiency
resulting in sales per employee of £214.9k, this is more efficient (£127.2k)
- Avantix Global It Remarketing Ltd
£127.2k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is near the average (62 days)
- Avantix Global It Remarketing Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 539 days, this is slower than average (37 days)
- Avantix Global It Remarketing Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Avantix Global It Remarketing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (23 weeks)
41 weeks - Avantix Global It Remarketing Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (61.1%)
102.6% - Avantix Global It Remarketing Ltd
61.1% - Industry AVG
AVANTIX GLOBAL IT REMARKETING LTD financials
Avantix Global It Remarketing Ltd's latest turnover from July 2017 is estimated at £3.2 million and the company has net assets of -£86.7 thousand. According to their latest financial statements, we estimate that Avantix Global It Remarketing Ltd has 15 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2017 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 624,667 |
| Group Debtors | |
| Misc Debtors | |
| Cash | 2,683,830 |
| misc current assets | |
| total current assets | 3,308,497 |
| total assets | 3,308,497 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 3,395,155 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 3,395,155 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 3,395,155 |
| net assets | -86,658 |
| total shareholders funds | -86,658 |
| Jul 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 624,667 |
| Creditors | 3,395,155 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 2,683,830 |
| overdraft | |
| change in cash | 2,683,830 |
avantix global it remarketing ltd Credit Report and Business Information
Avantix Global It Remarketing Ltd Competitor Analysis
Perform a competitor analysis for avantix global it remarketing ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in WC2A area or any other competitors across 12 key performance metrics.
avantix global it remarketing ltd Ownership
AVANTIX GLOBAL IT REMARKETING LTD group structure
Avantix Global It Remarketing Ltd has no subsidiary companies.
Ultimate parent company
AVANTIX GLOBAL IT REMARKETING LTD
10267581
avantix global it remarketing ltd directors
Avantix Global It Remarketing Ltd currently has 1 director, Mr Fridolin Kern serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Fridolin Kern | United Kingdom | 72 years | Jul 2016 | - | Director |
P&L
July 2017turnover
3.2m
0%
operating profit
-140k
0%
gross margin
28.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2017net assets
-86.7k
0%
total assets
3.3m
0%
cash
2.7m
0%
net assets
Total assets minus all liabilities
avantix global it remarketing ltd company details
company number
10267581
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
July 2017
previous names
N/A
accountant
-
auditor
-
address
5 chancery lane, london, WC2A 1LG
Bank
-
Legal Advisor
-
avantix global it remarketing 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 avantix global it remarketing ltd.
avantix global it remarketing 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.
Click to start generating capital raising & share issue transactions for AVANTIX GLOBAL IT REMARKETING LTD. This can take several minutes, an email will notify you when this has completed.
avantix global it remarketing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
