c/o mazars llp 6 dominus way, meridian business park, leicester, LE19 1RP
Website
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x400 limitedEstimated Valuation
£71.9k
Pomanda estimates the enterprise value of X400 LIMITED at £71.9k based on a Turnover of £131.1k and 0.55x industry multiple (adjusted for size and gross margin).
x400 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of X400 LIMITED at £0 based on an EBITDA of £-7k and a 4.01x industry multiple (adjusted for size and gross margin).
x400 limitedEstimated Valuation
£11.1k
Pomanda estimates the enterprise value of X400 LIMITED at £11.1k based on Net Assets of £5.2k and 2.13x industry multiple (adjusted for liquidity).
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X400 LimitedOverview
X400 Limited is a live company located in leicester, LE19 1RP with a Companies House number of 10315163. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2016, it's largest shareholder is
maria celi redmond
with a 50% stake. X400 Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£131.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded X400 Limited a 1.5 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 Rating1.5out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £131.1k, make it smaller than the average company (£2.5m)
£131.1k - X400 Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.1%)
15% - X400 Limited
4.1% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - X400 Limited
38.1% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (5.5%)
-5.7% - X400 Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - X400 Limited
21 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
£41.6k - X400 Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £65.6k, this is less efficient (£132.8k)
£65.6k - X400 Limited
£132.8k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (40 days)
29 days - X400 Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (32 days)
22 days - X400 Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - X400 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (24 weeks)
6 weeks - X400 Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (64.3%)
96.3% - X400 Limited
64.3% - Industry AVG
X400 LIMITED financials
EXPORT
X400 Limited's latest turnover from August 2020 is estimated at £131.1 thousand and the company has net assets of £5.2 thousand. According to their latest financial statements, X400 Limited has 2 employees and maintains cash reserves of £13.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Turnover
131,116
158,017
141,428
86,869
Other Income Or Grants
Cost Of Sales
81,229
98,612
88,185
53,684
Gross Profit
49,887
59,404
53,244
33,185
Admin Expenses
57,429
45,479
51,503
32,175
Operating Profit
-7,542
13,925
1,741
1,010
Interest Payable
976
Interest Receivable
8
51
89
16
Pre-Tax Profit
-8,510
13,975
1,831
1,026
Tax
-2,655
-348
-195
Profit After Tax
-8,510
11,320
1,483
831
Dividends Paid
Retained Profit
-8,510
11,320
1,483
831
Employee Costs
83,203
82,640
78,346
75,951
Number Of Employees
2
2
2
2
EBITDA*
-6,954
14,698
2,227
1,334
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Tangible Assets
578
1,166
648
1,134
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
578
1,166
648
1,134
Stock & work in progress
Trade Debtors
10,552
1,862
Group Debtors
Misc Debtors
117,668
75,499
42,841
15,900
Cash
13,067
2,616
10,890
12,965
misc current assets
total current assets
141,287
78,115
53,731
30,727
total assets
141,865
79,281
54,379
31,861
Bank overdraft
Bank loan
533
Trade Creditors
5,015
5,465
737
852
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
99,626
60,082
51,228
30,078
total current liabilities
105,174
65,547
51,965
30,930
loans
31,467
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
31,467
total liabilities
136,641
65,547
51,965
30,930
net assets
5,224
13,734
2,414
931
total shareholders funds
5,224
13,734
2,414
931
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Operating Activities
Operating Profit
-7,542
13,925
1,741
1,010
Depreciation
588
773
486
324
Amortisation
Tax
-2,655
-348
-195
Stock
Debtors
52,721
32,658
25,079
17,762
Creditors
-450
4,728
-115
852
Accruals and Deferred Income
39,544
8,854
21,150
30,078
Deferred Taxes & Provisions
Cash flow from operations
-20,581
-7,033
-2,165
14,307
Investing Activities
capital expenditure
-1,291
-1,458
Change in Investments
cash flow from investments
-1,291
-1,458
Financing Activities
Bank loans
533
Group/Directors Accounts
Other Short Term Loans
Long term loans
31,467
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-968
51
89
16
cash flow from financing
31,032
51
89
116
cash and cash equivalents
cash
10,451
-8,274
-2,075
12,965
overdraft
change in cash
10,451
-8,274
-2,075
12,965
x400 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for x400 limited. Get real-time insights into x400 limited's credit score, group structure and payment trends.
Perform a competitor analysis for x400 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE19 area or any other competitors across 12 key performance metrics.
x400 limited Ownership
X400 LIMITED group structure
X400 Limited has no subsidiary companies.
Ultimate parent company
X400 LIMITED
10315163
X400 LIMITED Shareholders
The largest shareholders in X400 Limited include Maria Celi Redmond and Derek Redmond.
maria celi redmond
50%
derek redmond
50%
x400 limited directors
X400 Limited currently has 1 director, Mr Derek Redmond serving since Aug 2016.
82990 - Other business support service activities n.e.c.
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2020
previous names
N/A
accountant
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auditor
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address
c/o mazars llp 6 dominus way, meridian business park, leicester, LE19 1RP
Bank
-
Legal Advisor
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x400 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 x400 limited.
x400 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.
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x400 limitedCompanies House Filings - See Documents
