grixes limited
grixes limited Company Information
Company Number
10368777
Website
-Registered Address
1 kings avenue, london, N21 3NA
Industry
Security systems service activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Matthew Grix7 Years
Shareholders
mr matthew john grix 49.8%
mr joe grix 49.8%
View Allgrixes limited Estimated Valuation
Pomanda estimates the enterprise value of GRIXES LIMITED at £145.6k based on a Turnover of £385k and 0.38x industry multiple (adjusted for size and gross margin).
grixes limited Estimated Valuation
Pomanda estimates the enterprise value of GRIXES LIMITED at £129.1k based on an EBITDA of £37.3k and a 3.47x industry multiple (adjusted for size and gross margin).
grixes limited Estimated Valuation
Pomanda estimates the enterprise value of GRIXES LIMITED at £200.6k based on Net Assets of £85.4k and 2.35x industry multiple (adjusted for liquidity).
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Grixes Limited Overview
Grixes Limited is a dissolved company that was located in london, N21 3NA with a Companies House number of 10368777. It operated in the security systems service activities sector, SIC Code 80200. Founded in September 2016, it's largest shareholder was mr matthew john grix with a 49.8% stake. The last turnover for Grixes Limited was estimated at £385k.
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Grixes Limited Health Check
Pomanda's financial health check has awarded Grixes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
3 Weak
Size
annual sales of £385k, make it smaller than the average company (£620.2k)
- Grixes Limited
£620.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grixes Limited
- - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
- Grixes Limited
36.3% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (4.8%)
- Grixes Limited
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
2 - Grixes Limited
29 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- Grixes Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £192.5k, this is more efficient (£96k)
- Grixes Limited
£96k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (62 days)
- Grixes Limited
62 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Grixes Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grixes Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grixes Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.7%, this is a lower level of debt than the average (71.4%)
56.7% - Grixes Limited
71.4% - Industry AVG
GRIXES LIMITED financials
Grixes Limited's latest turnover from September 2019 is estimated at £385 thousand and the company has net assets of £85.4 thousand. According to their latest financial statements, Grixes Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Sep 2018 | Sep 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|
| Tangible Assets | 24,981 | 14,530 | 19,694 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 24,981 | 14,530 | 19,694 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 86,331 | 97,419 | 88,283 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 4,056 | 0 |
| Cash | 0 | 0 | 7,873 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 172,247 | 101,475 | 96,156 |
| total assets | 197,228 | 116,005 | 115,850 |
| Bank overdraft | 11,777 | 16,814 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 509 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 4,528 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 39,591 | 86,047 |
| total current liabilities | 101,613 | 56,405 | 86,556 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 10,227 | 0 | 0 |
| total liabilities | 111,840 | 56,405 | 86,556 |
| net assets | 85,388 | 59,600 | 29,294 |
| total shareholders funds | 85,388 | 59,600 | 29,294 |
| Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 4,304 | 5,164 | 0 |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -15,144 | 13,192 | 88,283 |
| Creditors | 0 | -509 | 509 |
| Accruals and Deferred Income | -39,591 | -46,456 | 86,047 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 4,528 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | -7,873 | 7,873 |
| overdraft | -5,037 | 16,814 | 0 |
| change in cash | 5,037 | -24,687 | 7,873 |
grixes limited Credit Report and Business Information
Grixes Limited Competitor Analysis
Perform a competitor analysis for grixes limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in N21 area or any other competitors across 12 key performance metrics.
grixes limited Ownership
GRIXES LIMITED group structure
Grixes Limited has no subsidiary companies.
Ultimate parent company
GRIXES LIMITED
10368777
grixes limited directors
Grixes Limited currently has 1 director, Mr Matthew Grix serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Grix | United Kingdom | 32 years | May 2017 | - | Director |
P&L
September 2019turnover
385k
-11%
operating profit
33k
0%
gross margin
36.3%
+1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
85.4k
+0.43%
total assets
197.2k
+0.7%
cash
0
0%
net assets
Total assets minus all liabilities
grixes limited company details
company number
10368777
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2019
previous names
N/A
accountant
P M J ACCOUNTANTS LTD
auditor
-
address
1 kings avenue, london, N21 3NA
Bank
-
Legal Advisor
-
grixes 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 grixes limited.
grixes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
