radix 2 technologies ltd
radix 2 technologies ltd Company Information
Company Number
10575341
Next Accounts
Oct 2025
Industry
Other research and experimental development on natural sciences and engineering
Directors
Shareholders
nathan bentall
Group Structure
View All
Contact
Registered Address
15 maple close, oxford, OX2 9DZ
Website
-radix 2 technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIX 2 TECHNOLOGIES LTD at £28.6k based on a Turnover of £29.2k and 0.98x industry multiple (adjusted for size and gross margin).
radix 2 technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIX 2 TECHNOLOGIES LTD at £140.1k based on an EBITDA of £30.9k and a 4.53x industry multiple (adjusted for size and gross margin).
radix 2 technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of RADIX 2 TECHNOLOGIES LTD at £55k based on Net Assets of £26.6k and 2.07x industry multiple (adjusted for liquidity).
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Radix 2 Technologies Ltd Overview
Radix 2 Technologies Ltd is a live company located in oxford, OX2 9DZ with a Companies House number of 10575341. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in January 2017, it's largest shareholder is nathan bentall with a 100% stake. Radix 2 Technologies Ltd is a young, micro sized company, Pomanda has estimated its turnover at £29.2k with declining growth in recent years.
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Radix 2 Technologies Ltd Health Check
Pomanda's financial health check has awarded Radix 2 Technologies Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
6 Weak
Size
annual sales of £29.2k, make it smaller than the average company (£4.1m)
£29.2k - Radix 2 Technologies Ltd
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (7%)
-27% - Radix 2 Technologies Ltd
7% - Industry AVG
Production
with a gross margin of 28.3%, this company has a higher cost of product (49.9%)
28.3% - Radix 2 Technologies Ltd
49.9% - Industry AVG
Profitability
an operating margin of 106.1% make it more profitable than the average company (2.6%)
106.1% - Radix 2 Technologies Ltd
2.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Radix 2 Technologies Ltd
42 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Radix 2 Technologies Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £29.2k, this is less efficient (£117.5k)
£29.2k - Radix 2 Technologies Ltd
£117.5k - Industry AVG
Debtor Days
it gets paid by customers after 466 days, this is later than average (54 days)
466 days - Radix 2 Technologies Ltd
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Radix 2 Technologies Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Radix 2 Technologies Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Radix 2 Technologies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.8%, this is a lower level of debt than the average (37.7%)
28.8% - Radix 2 Technologies Ltd
37.7% - Industry AVG
RADIX 2 TECHNOLOGIES LTD financials
Radix 2 Technologies Ltd's latest turnover from January 2024 is £29.2 thousand and the company has net assets of £26.6 thousand. According to their latest financial statements, Radix 2 Technologies Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 29,156 | 43,661 | 44,480 | 74,329 | 66,720 | 56,384 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 28,630 | 43,237 | 41,513 | 71,608 | 66,700 | 56,384 | |
| Tax | -5,440 | -8,189 | -8,451 | -13,605 | -12,672 | -10,712 | |
| Profit After Tax | 23,190 | 35,048 | 33,062 | 58,003 | 54,028 | 45,672 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 23,190 | 35,048 | 33,062 | 58,003 | 54,028 | 45,672 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 2,165 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 2,165 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,278 | 57,491 | 88,848 | 80,875 | 95,708 | 95,708 | 56,384 |
| 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 | 37,278 | 57,491 | 88,848 | 80,875 | 95,708 | 95,708 | 56,384 |
| total assets | 37,278 | 57,491 | 91,013 | 80,875 | 95,708 | 95,708 | 56,384 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 10,721 | 15,158 | 19,594 | 22,182 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,721 | 15,158 | 19,594 | 22,182 | 0 | 0 | 0 |
| total liabilities | 10,721 | 15,158 | 19,594 | 22,182 | 0 | 0 | 0 |
| net assets | 26,557 | 42,333 | 71,419 | 58,693 | 95,708 | 95,708 | 56,384 |
| total shareholders funds | 26,557 | 42,333 | 71,419 | 58,693 | 95,708 | 95,708 | 56,384 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 22 | 2,494 | 2,259 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -5,440 | -8,189 | -8,451 | -13,605 | -12,672 | -10,712 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -20,213 | -31,357 | 7,973 | -14,833 | 0 | 39,324 | 56,384 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 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 | -4,437 | -4,436 | -2,588 | 22,182 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | -43,403 | -68,570 | -22,924 | -72,836 | -54,028 | 10,712 | |
| 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 |
radix 2 technologies ltd Credit Report and Business Information
Radix 2 Technologies Ltd Competitor Analysis
Perform a competitor analysis for radix 2 technologies ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OX2 area or any other competitors across 12 key performance metrics.
radix 2 technologies ltd Ownership
RADIX 2 TECHNOLOGIES LTD group structure
Radix 2 Technologies Ltd has no subsidiary companies.
Ultimate parent company
RADIX 2 TECHNOLOGIES LTD
10575341
radix 2 technologies ltd directors
Radix 2 Technologies Ltd currently has 1 director, Mr Nathan Bentall serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Bentall | United Kingdom | 49 years | Jan 2017 | - | Director |
P&L
January 2024turnover
29.2k
-33%
operating profit
30.9k
0%
gross margin
28.4%
+1.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
26.6k
-0.37%
total assets
37.3k
-0.35%
cash
0
0%
net assets
Total assets minus all liabilities
radix 2 technologies ltd company details
company number
10575341
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
15 maple close, oxford, OX2 9DZ
Bank
-
Legal Advisor
-
radix 2 technologies 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 radix 2 technologies ltd.
radix 2 technologies 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.
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radix 2 technologies ltd Companies House Filings - See Documents
| date | description | view/download |
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