Pomanda estimates the enterprise value of PROXINOVA TECHNOLOGY LTD at £563.9k based on a Turnover of £1.7m and 0.33x industry multiple (adjusted for size and gross margin).
proxinova technology ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PROXINOVA TECHNOLOGY LTD at £0 based on an EBITDA of £-113.9k and a 3.04x industry multiple (adjusted for size and gross margin).
proxinova technology ltdEstimated Valuation
£585.4k
Pomanda estimates the enterprise value of PROXINOVA TECHNOLOGY LTD at £585.4k based on Net Assets of £209.1k and 2.8x industry multiple (adjusted for liquidity).
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Proxinova Technology LtdOverview
Proxinova Technology Ltd is a live company located in stanmore, HA7 1EE with a Companies House number of 10644267. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 2017, it's largest shareholder is
neilen mayani
with a 100% stake. Proxinova Technology Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Proxinova Technology Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.7m, make it larger than the average company (£1.2m)
£1.7m - Proxinova Technology Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (11%)
46% - Proxinova Technology Ltd
11% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (43.3%)
27.7% - Proxinova Technology Ltd
43.3% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (5.2%)
-6.8% - Proxinova Technology Ltd
5.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (30)
10 - Proxinova Technology Ltd
30 - Industry AVG
Pay Structure
on an average salary of £19.4k, the company has an equivalent pay structure (£19.4k)
£19.4k - Proxinova Technology Ltd
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £168.6k, this is more efficient (£89k)
£168.6k - Proxinova Technology Ltd
£89k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (9 days)
75 days - Proxinova Technology Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (32 days)
36 days - Proxinova Technology Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Proxinova Technology Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Proxinova Technology Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.3%, this is a lower level of debt than the average (65.8%)
40.3% - Proxinova Technology Ltd
65.8% - Industry AVG
PROXINOVA TECHNOLOGY LTD financials
EXPORT
Proxinova Technology Ltd's latest turnover from February 2024 is estimated at £1.7 million and the company has net assets of £209.1 thousand. According to their latest financial statements, we estimate that Proxinova Technology Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Turnover
1,686,142
1,734,479
186,622
537,085
388,015
234,944
182,242
Other Income Or Grants
Cost Of Sales
1,219,974
1,245,575
136,090
389,109
273,624
168,870
132,798
Gross Profit
466,168
488,904
50,532
147,976
114,392
66,074
49,444
Admin Expenses
580,078
72,073
82,142
125,143
106,840
73,939
49,107
Operating Profit
-113,910
416,831
-31,610
22,833
7,552
-7,865
337
Interest Payable
Interest Receivable
Pre-Tax Profit
-113,910
416,831
-31,610
22,833
7,552
-7,865
337
Tax
-79,198
-4,338
-1,435
-64
Profit After Tax
-113,910
337,633
-31,610
18,495
6,117
-7,865
273
Dividends Paid
Retained Profit
-113,910
337,633
-31,610
18,495
6,117
-7,865
273
Employee Costs
193,655
210,872
37,729
68,578
53,268
35,363
32,994
Number Of Employees
10
11
2
4
3
2
2
EBITDA*
-113,910
416,831
-31,610
22,833
7,552
-7,865
337
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Tangible Assets
1,834
1,834
2,292
716
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,834
1,834
2,292
716
Stock & work in progress
Trade Debtors
348,279
460,179
41,385
93,878
64,500
36,895
30,193
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
348,279
460,179
41,385
93,878
64,500
36,895
30,193
total assets
350,113
462,013
43,677
94,594
64,500
36,895
30,193
Bank overdraft
Bank loan
Trade Creditors
121,283
119,168
37,978
63,785
55,723
37,737
29,920
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
121,283
119,168
37,978
63,785
55,723
37,737
29,920
loans
hp & lease commitments
Accruals and Deferred Income
19,697
19,802
20,289
13,789
10,252
6,750
other liabilities
provisions
total long term liabilities
19,697
19,802
20,289
13,789
10,252
6,750
total liabilities
140,980
138,970
58,267
77,574
65,975
44,487
29,920
net assets
209,133
323,043
-14,590
17,020
-1,475
-7,592
273
total shareholders funds
209,133
323,043
-14,590
17,020
-1,475
-7,592
273
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Operating Activities
Operating Profit
-113,910
416,831
-31,610
22,833
7,552
-7,865
337
Depreciation
Amortisation
Tax
-79,198
-4,338
-1,435
-64
Stock
Debtors
-111,900
418,794
-52,493
29,378
27,605
6,702
30,193
Creditors
2,115
81,190
-25,807
8,062
17,986
7,817
29,920
Accruals and Deferred Income
-105
-487
6,500
3,537
3,502
6,750
Deferred Taxes & Provisions
Cash flow from operations
-458
1,576
716
Investing Activities
capital expenditure
458
-1,576
-716
Change in Investments
cash flow from investments
458
-1,576
-716
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
proxinova technology ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for proxinova technology ltd. Get real-time insights into proxinova technology ltd's credit score, group structure and payment trends.
Perform a competitor analysis for proxinova technology ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA7 area or any other competitors across 12 key performance metrics.
proxinova technology ltd Ownership
PROXINOVA TECHNOLOGY LTD group structure
Proxinova Technology Ltd has no subsidiary companies.
Ultimate parent company
PROXINOVA TECHNOLOGY LTD
10644267
PROXINOVA TECHNOLOGY LTD Shareholders
The sole shareholder of Proxinova Technology Ltd is Neilen Mayani.
neilen mayani
100%
proxinova technology ltd directors
Proxinova Technology Ltd currently has 1 director, Mr Neilen Mayani serving since Feb 2017.
47190 - Other retail sale in non-specialised stores
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
proxima1 ltd (July 2018)
accountant
CKRD ACCOUNTANTS LTD
auditor
-
address
194 honeypot lane, stanmore, HA7 1EE
Bank
-
Legal Advisor
-
proxinova technology 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 proxinova technology ltd.
proxinova technology 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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proxinova technology ltdCompanies House Filings - See Documents
