axact solutions limited
axact solutions limited Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
c/o a k s advisers,, 14-15 lower grosvenor place, london, SW1W 0EX
Website
-axact solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AXACT SOLUTIONS LIMITED at £216.7k based on a Turnover of £317.4k and 0.68x industry multiple (adjusted for size and gross margin).
axact solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AXACT SOLUTIONS LIMITED at £11.9k based on an EBITDA of £2.8k and a 4.22x industry multiple (adjusted for size and gross margin).
axact solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AXACT SOLUTIONS LIMITED at £39.7k based on Net Assets of £16.8k and 2.37x industry multiple (adjusted for liquidity).
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Axact Solutions Limited Overview
Axact Solutions Limited is a live company located in london, SW1W 0EX with a Companies House number of 10595585. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2017, it's largest shareholder is ashish shah with a 100% stake. Axact Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £317.4k with rapid growth in recent years.
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Axact Solutions Limited Health Check
Pomanda's financial health check has awarded Axact Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £317.4k, make it smaller than the average company (£3.3m)
- Axact Solutions Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 146%, show it is growing at a faster rate (8.5%)
- Axact Solutions Limited
8.5% - Industry AVG
Production
with a gross margin of 42.2%, this company has a higher cost of product (72.5%)
- Axact Solutions Limited
72.5% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (3.6%)
- Axact Solutions Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (29)
- Axact Solutions Limited
29 - Industry AVG
Pay Structure
on an average salary of £66.2k, the company has an equivalent pay structure (£66.2k)
- Axact Solutions Limited
£66.2k - Industry AVG
Efficiency
resulting in sales per employee of £158.7k, this is more efficient (£111.4k)
- Axact Solutions Limited
£111.4k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (63 days)
- Axact Solutions Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (47 days)
- Axact Solutions Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Axact Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Axact Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.1%, this is a higher level of debt than the average (61.8%)
85.1% - Axact Solutions Limited
61.8% - Industry AVG
AXACT SOLUTIONS LIMITED financials
Axact Solutions Limited's latest turnover from February 2023 is estimated at £317.4 thousand and the company has net assets of £16.8 thousand. According to their latest financial statements, we estimate that Axact Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 112,108 | 100,027 | 95,842 | 7,396 | 7,392 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 3,642 | |||||
| misc current assets | ||||||
| total current assets | 112,108 | 100,027 | 95,842 | 7,396 | 7,392 | 3,642 |
| total assets | 112,108 | 100,027 | 95,842 | 7,396 | 7,392 | 3,642 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 53,489 | 38,780 | 35,478 | 4,222 | 3,550 | |
| Group/Directors Accounts | 986 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 453 | |||||
| total current liabilities | 53,489 | 38,780 | 35,478 | 4,222 | 3,550 | 1,439 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 41,854 | 46,767 | 50,000 | |||
| provisions | ||||||
| total long term liabilities | 41,854 | 46,767 | 50,000 | |||
| total liabilities | 95,343 | 85,547 | 85,478 | 4,222 | 3,550 | 1,439 |
| net assets | 16,765 | 14,480 | 10,364 | 3,174 | 3,842 | 2,203 |
| total shareholders funds | 16,765 | 14,480 | 10,364 | 3,174 | 3,842 | 2,203 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 12,081 | 4,185 | 88,446 | 4 | 7,392 | |
| Creditors | 14,709 | 3,302 | 31,256 | 672 | 3,550 | |
| Accruals and Deferred Income | -453 | 453 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -986 | 986 | ||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -4,913 | -3,233 | 50,000 | |||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,642 | 3,642 | ||||
| overdraft | ||||||
| change in cash | -3,642 | 3,642 |
axact solutions limited Credit Report and Business Information
Axact Solutions Limited Competitor Analysis
Perform a competitor analysis for axact solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SW1W area or any other competitors across 12 key performance metrics.
axact solutions limited Ownership
AXACT SOLUTIONS LIMITED group structure
Axact Solutions Limited has no subsidiary companies.
Ultimate parent company
AXACT SOLUTIONS LIMITED
10595585
axact solutions limited directors
Axact Solutions Limited currently has 1 director, Mr Ashish Shah serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashish Shah | England | 46 years | Feb 2017 | - | Director |
P&L
February 2023turnover
317.4k
+10%
operating profit
2.8k
0%
gross margin
42.2%
-5.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
16.8k
+0.16%
total assets
112.1k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
axact solutions limited company details
company number
10595585
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
c/o a k s advisers,, 14-15 lower grosvenor place, london, SW1W 0EX
Bank
-
Legal Advisor
-
axact solutions 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 axact solutions limited.
axact solutions 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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axact solutions limited Companies House Filings - See Documents
| date | description | view/download |
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