hmx labs limited

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hmx labs limited Company Information

Share HMX LABS LIMITED

Company Number

10601521

Directors

Mohammad Mian

Shareholders

mohammad hamza mian

omar ahmed

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Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

167-169 great portland street, 5th floor, london, W1W 5PF

Website

hmxlabs.uk

hmx labs limited Estimated Valuation

£362.6k

Pomanda estimates the enterprise value of HMX LABS LIMITED at £362.6k based on a Turnover of £665k and 0.55x industry multiple (adjusted for size and gross margin).

hmx labs limited Estimated Valuation

£427.2k

Pomanda estimates the enterprise value of HMX LABS LIMITED at £427.2k based on an EBITDA of £114.7k and a 3.73x industry multiple (adjusted for size and gross margin).

hmx labs limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of HMX LABS LIMITED at £1.6m based on Net Assets of £712.7k and 2.26x industry multiple (adjusted for liquidity).

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Hmx Labs Limited Overview

Hmx Labs Limited is a live company located in london, W1W 5PF with a Companies House number of 10601521. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2017, it's largest shareholder is mohammad hamza mian with a 25% stake. Hmx Labs Limited is a young, small sized company, Pomanda has estimated its turnover at £665k with rapid growth in recent years.

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Hmx Labs Limited Health Check

Pomanda's financial health check has awarded Hmx Labs Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £665k, make it smaller than the average company (£7.5m)

£665k - Hmx Labs Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (9%)

63% - Hmx Labs Limited

9% - Industry AVG

production

Production

with a gross margin of 24.3%, this company has a higher cost of product (48.1%)

24.3% - Hmx Labs Limited

48.1% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (4%)

11.2% - Hmx Labs Limited

4% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (42)

6 - Hmx Labs Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Hmx Labs Limited

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £110.8k, this is less efficient (£177.1k)

£110.8k - Hmx Labs Limited

£177.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 101 days, this is later than average (51 days)

101 days - Hmx Labs Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 142 days, this is slower than average (35 days)

142 days - Hmx Labs Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hmx Labs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 172 weeks, this is more cash available to meet short term requirements (14 weeks)

172 weeks - Hmx Labs Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.8%, this is a lower level of debt than the average (62.8%)

22.8% - Hmx Labs Limited

62.8% - Industry AVG

HMX LABS LIMITED financials

EXPORTms excel logo

Hmx Labs Limited's latest turnover from March 2024 is estimated at £665 thousand and the company has net assets of £712.7 thousand. According to their latest financial statements, Hmx Labs Limited has 6 employees and maintains cash reserves of £652.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover664,978328,097343,774153,172153,298133,335107,752
Other Income Or Grants
Cost Of Sales503,334245,030256,418115,924116,97699,92078,858
Gross Profit161,64483,06787,35637,24836,32233,41428,894
Admin Expenses87,385-303,842-39,9004,268-29,946479-70,510
Operating Profit74,259386,909127,25632,98066,26832,93599,404
Interest Payable
Interest Receivable35,48927,7812,945164122765279
Pre-Tax Profit109,748414,690130,20133,14466,39033,70099,683
Tax-27,437-78,791-24,738-6,297-12,614-6,403-18,940
Profit After Tax82,311335,899105,46326,84753,77627,29780,743
Dividends Paid
Retained Profit82,311335,899105,46326,84753,77627,29780,743
Employee Costs433,333415,822131,953125,246118,908120,152114,488
Number Of Employees6622222
EBITDA*114,690408,164144,13247,50574,66038,986102,263

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets84,90139,26329,35826,27016,26315,2937,696
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets84,90139,26329,35826,27016,26315,2937,696
Stock & work in progress
Trade Debtors185,51445,44344,71940,23040,48632,13717,835
Group Debtors
Misc Debtors
Cash652,857699,102608,246177,145151,42492,612111,514
misc current assets
total current assets838,371744,545652,965217,375191,910124,749129,349
total assets923,272783,808682,323243,645208,173140,042137,045
Bank overdraft
Bank loan
Trade Creditors 196,646145,923382,21949,79143,06928,89654,640
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities196,646145,923382,21949,79143,06928,89654,640
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions13,8907,4605,5784,9913,0882,9061,462
total long term liabilities13,8907,4605,5784,9913,0882,9061,462
total liabilities210,536153,383387,79754,78246,15731,80256,102
net assets712,736630,425294,526188,863162,016108,24080,943
total shareholders funds712,736630,425294,526188,863162,016108,24080,943
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit74,259386,909127,25632,98066,26832,93599,404
Depreciation40,43121,25516,87614,5258,3926,0512,859
Amortisation
Tax-27,437-78,791-24,738-6,297-12,614-6,403-18,940
Stock
Debtors140,0717244,489-2568,34914,30217,835
Creditors50,723-236,296332,4286,72214,173-25,74454,640
Accruals and Deferred Income
Deferred Taxes & Provisions6,4301,8825871,9031821,4441,462
Cash flow from operations4,33594,235447,92050,08968,052-6,019121,590
Investing Activities
capital expenditure-86,069-31,160-19,964-24,532-9,362-13,648-10,555
Change in Investments
cash flow from investments-86,069-31,160-19,964-24,532-9,362-13,648-10,555
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue200200
interest35,48927,7812,945164122765279
cash flow from financing35,48927,7813,145164122765479
cash and cash equivalents
cash-46,24590,856431,10125,72158,812-18,902111,514
overdraft
change in cash-46,24590,856431,10125,72158,812-18,902111,514

hmx labs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hmx Labs Limited Competitor Analysis

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Perform a competitor analysis for hmx labs limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.

hmx labs limited Ownership

HMX LABS LIMITED group structure

Hmx Labs Limited has no subsidiary companies.

Ultimate parent company

HMX LABS LIMITED

10601521

HMX LABS LIMITED Shareholders

mohammad hamza mian 25%
omar ahmed 25%
kamran saleem 25%
laetitia thouvenin-mian 25%

hmx labs limited directors

Hmx Labs Limited currently has 1 director, Mr Mohammad Mian serving since Feb 2017.

officercountryagestartendrole
Mr Mohammad Mian48 years Feb 2017- Director

P&L

March 2024

turnover

665k

+103%

operating profit

74.3k

0%

gross margin

24.4%

-3.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

712.7k

+0.13%

total assets

923.3k

+0.18%

cash

652.9k

-0.07%

net assets

Total assets minus all liabilities

hmx labs limited company details

company number

10601521

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

167-169 great portland street, 5th floor, london, W1W 5PF

Bank

-

Legal Advisor

-

hmx labs 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 hmx labs limited.

hmx labs 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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hmx labs limited Companies House Filings - See Documents

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