office x ltd
office x ltd Company Information
Company Number
10339189
Website
https://www.officexuk.comRegistered Address
6 portland business centre, manor house lane, slough, SL3 9EG
Industry
Wholesale of other office machinery and equipment
Wholesale of office furniture
Telephone
-
Next Accounts Due
789 days late
Group Structure
View All
Directors
- Years
Shareholders
christopher ian andrews 100%
office x ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE X LTD at £205.3k based on a Turnover of £395.3k and 0.52x industry multiple (adjusted for size and gross margin).
office x ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE X LTD at £0 based on an EBITDA of £-57.1k and a 4.58x industry multiple (adjusted for size and gross margin).
office x ltd Estimated Valuation
Pomanda estimates the enterprise value of OFFICE X LTD at £0 based on Net Assets of £-95.3k and 2.02x industry multiple (adjusted for liquidity).
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Office X Ltd Overview
Office X Ltd is a live company located in slough, SL3 9EG with a Companies House number of 10339189. It operates in the wholesale of office furniture sector, SIC Code 46650. Founded in August 2016, it's largest shareholder is christopher ian andrews with a 100% stake. Office X Ltd is a young, micro sized company, Pomanda has estimated its turnover at £395.3k with declining growth in recent years.
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Office X Ltd Health Check
Pomanda's financial health check has awarded Office X 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
3 Regular
7 Weak
Size
annual sales of £395.3k, make it smaller than the average company (£11.7m)
- Office X Ltd
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (3.5%)
- Office X Ltd
3.5% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- Office X Ltd
30.7% - Industry AVG
Profitability
an operating margin of -14.9% make it less profitable than the average company (4.2%)
- Office X Ltd
4.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (37)
4 - Office X Ltd
37 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- Office X Ltd
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £98.8k, this is less efficient (£287.2k)
- Office X Ltd
£287.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (52 days)
- Office X Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is close to average (50 days)
- Office X Ltd
50 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (42 days)
- Office X Ltd
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Office X Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 244.2%, this is a higher level of debt than the average (60.8%)
244.2% - Office X Ltd
60.8% - Industry AVG
OFFICE X LTD financials
Office X Ltd's latest turnover from October 2020 is estimated at £395.3 thousand and the company has net assets of -£95.3 thousand. According to their latest financial statements, Office X Ltd has 4 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 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 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|
| Tangible Assets | 4,975 | 6,633 | 8,844 | 11,625 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,975 | 6,633 | 8,844 | 11,625 |
| Stock & work in progress | 7,200 | 53,500 | 42,100 | 0 |
| Trade Debtors | 16,742 | 29,449 | 61,347 | 88,289 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 35,309 | 9,837 | 0 | 0 |
| Cash | 1,892 | 8,122 | 5,389 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 61,143 | 100,908 | 109,777 | 88,289 |
| total assets | 66,118 | 107,541 | 118,621 | 99,914 |
| Bank overdraft | 0 | 0 | 3,185 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 41,524 | 86,189 | 94,708 | 103,705 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 69,943 | 56,452 | 0 | 0 |
| total current liabilities | 111,467 | 142,641 | 132,347 | 103,705 |
| loans | 50,000 | 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 | 50,000 | 0 | 0 | 0 |
| total liabilities | 161,467 | 142,641 | 132,347 | 103,705 |
| net assets | -95,349 | -35,100 | -13,726 | -3,791 |
| total shareholders funds | -95,349 | -35,100 | -13,726 | -3,791 |
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,658 | 2,211 | 2,781 | |
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | -46,300 | 11,400 | 42,100 | 0 |
| Debtors | 12,765 | -22,061 | -26,942 | 88,289 |
| Creditors | -44,665 | -8,519 | -8,997 | 103,705 |
| Accruals and Deferred Income | 13,491 | 56,452 | 0 | 0 |
| 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 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 50,000 | 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 | -6,230 | 2,733 | 5,389 | 0 |
| overdraft | 0 | -3,185 | 3,185 | 0 |
| change in cash | -6,230 | 5,918 | 2,204 | 0 |
office x ltd Credit Report and Business Information
Office X Ltd Competitor Analysis
Perform a competitor analysis for office x ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SL3 area or any other competitors across 12 key performance metrics.
office x ltd Ownership
OFFICE X LTD group structure
Office X Ltd has no subsidiary companies.
Ultimate parent company
OFFICE X LTD
10339189
office x ltd directors
Office X Ltd currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
October 2020turnover
395.3k
-24%
operating profit
-58.7k
0%
gross margin
30.7%
+6.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
-95.3k
+1.72%
total assets
66.1k
-0.39%
cash
1.9k
-0.77%
net assets
Total assets minus all liabilities
office x ltd company details
company number
10339189
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
46660 - Wholesale of other office machinery and equipment
46650 - Wholesale of office furniture
incorporation date
August 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2020
address
6 portland business centre, manor house lane, slough, SL3 9EG
accountant
GODFREY ANDERSON & CO
auditor
-
office x 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 office x ltd.
office x ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
