thax ventures ltd
thax ventures ltd Company Information
Company Number
10409196
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Shareholders
vinodrai gopalji thakkar
hansa thakkar
Group Structure
View All
Contact
Registered Address
105 edgware road, marble arch, london, W2 2HX
Website
-thax ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of THAX VENTURES LTD at £1.1k based on a Turnover of £2.9k and 0.38x industry multiple (adjusted for size and gross margin).
thax ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of THAX VENTURES LTD at £0 based on an EBITDA of £0 and a 2.84x industry multiple (adjusted for size and gross margin).
thax ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of THAX VENTURES LTD at £234 based on Net Assets of £100 and 2.35x industry multiple (adjusted for liquidity).
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Thax Ventures Ltd Overview
Thax Ventures Ltd is a live company located in london, W2 2HX with a Companies House number of 10409196. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is vinodrai gopalji thakkar with a 50% stake. Thax Ventures Ltd is a young, micro sized company, Pomanda has estimated its turnover at £2.9k with declining growth in recent years.
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Thax Ventures Ltd Health Check
Pomanda's financial health check has awarded Thax Ventures Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £2.9k, make it smaller than the average company (£3m)
- Thax Ventures Ltd
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -45%, show it is growing at a slower rate (4%)
- Thax Ventures Ltd
4% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (38.8%)
- Thax Ventures Ltd
38.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Thax Ventures Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Thax Ventures Ltd
20 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Thax Ventures Ltd
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £2.9k, this is less efficient (£137.2k)
- Thax Ventures Ltd
£137.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Thax Ventures Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (34 days)
- Thax Ventures Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thax Ventures Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thax Ventures Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (60.3%)
92.5% - Thax Ventures Ltd
60.3% - Industry AVG
THAX VENTURES LTD financials
Thax Ventures Ltd's latest turnover from March 2023 is estimated at £2.9 thousand and the company has net assets of £100. According to their latest financial statements, we estimate that Thax Ventures Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,325 | 1,325 | 1,325 | 1,325 | 1,325 | 1,325 | 302 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,325 | 1,325 | 1,325 | 1,325 | 1,325 | 1,325 | 302 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 3,377 | 3,377 | 4,077 | 4,977 | 675 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 3,377 | 3,377 | 4,077 | 4,977 | 675 | 0 |
| total assets | 1,325 | 4,702 | 4,702 | 5,402 | 6,302 | 2,000 | 302 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 994 | 4,602 | 4,602 | 5,302 | 6,202 | 2,036 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 231 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,225 | 4,602 | 4,602 | 5,302 | 6,202 | 2,036 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 202 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 202 |
| total liabilities | 1,225 | 4,602 | 4,602 | 5,302 | 6,202 | 2,036 | 202 |
| net assets | 100 | 100 | 100 | 100 | 100 | -36 | 100 |
| total shareholders funds | 100 | 100 | 100 | 100 | 100 | -36 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,377 | 0 | -700 | -900 | 4,302 | 675 | 0 |
| Creditors | -3,608 | 0 | -700 | -900 | 4,166 | 2,036 | 0 |
| Accruals and Deferred Income | 231 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -202 | 202 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
thax ventures ltd Credit Report and Business Information
Thax Ventures Ltd Competitor Analysis
Perform a competitor analysis for thax ventures ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W 2 area or any other competitors across 12 key performance metrics.
thax ventures ltd Ownership
THAX VENTURES LTD group structure
Thax Ventures Ltd has 4 subsidiary companies.
Ultimate parent company
THAX VENTURES LTD
10409196
4 subsidiaries
thax ventures ltd directors
Thax Ventures Ltd currently has 3 directors. The longest serving directors include Miss Meera Thakkar (Oct 2016) and Mr Samir Thakkar (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Meera Thakkar | 44 years | Oct 2016 | - | Director | |
| Mr Samir Thakkar | 39 years | Oct 2016 | - | Director | |
| Mr Vinodrai Thakkar | England | 78 years | Oct 2016 | - | Director |
P&L
March 2023turnover
2.9k
-80%
operating profit
0
0%
gross margin
17.5%
+6.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
100
0%
total assets
1.3k
-0.72%
cash
0
0%
net assets
Total assets minus all liabilities
thax ventures ltd company details
company number
10409196
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
CYPHER
auditor
-
address
105 edgware road, marble arch, london, W2 2HX
Bank
-
Legal Advisor
-
thax ventures 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 thax ventures ltd.
thax ventures 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 THAX VENTURES LTD. This can take several minutes, an email will notify you when this has completed.
thax ventures ltd Companies House Filings - See Documents
| date | description | view/download |
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