nixinfinity - ai ltd
nixinfinity - ai ltd Company Information
Company Number
10777744
Website
nixinfinityai.comRegistered Address
169 pastures hill, littleover, derby, DE23 4AZ
Industry
Computer consultancy activities
Data processing, hosting and related activities
Telephone
447973752898
Next Accounts Due
December 2024
Group Structure
View All
Directors
Harjinder Bilan7 Years
Shareholders
bilan holdings ltd 100%
nixinfinity - ai ltd Estimated Valuation
Pomanda estimates the enterprise value of NIXINFINITY - AI LTD at £3.1m based on a Turnover of £3.3m and 0.96x industry multiple (adjusted for size and gross margin).
nixinfinity - ai ltd Estimated Valuation
Pomanda estimates the enterprise value of NIXINFINITY - AI LTD at £2.1m based on an EBITDA of £383.2k and a 5.41x industry multiple (adjusted for size and gross margin).
nixinfinity - ai ltd Estimated Valuation
Pomanda estimates the enterprise value of NIXINFINITY - AI LTD at £2.8m based on Net Assets of £1.2m and 2.4x industry multiple (adjusted for liquidity).
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Nixinfinity - Ai Ltd Overview
Nixinfinity - Ai Ltd is a live company located in derby, DE23 4AZ with a Companies House number of 10777744. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2017, it's largest shareholder is bilan holdings ltd with a 100% stake. Nixinfinity - Ai Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.3m with high growth in recent years.
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Nixinfinity - Ai Ltd Health Check
Pomanda's financial health check has awarded Nixinfinity - Ai Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £3.3m, make it in line with the average company (£3.1m)
- Nixinfinity - Ai Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (3.7%)
- Nixinfinity - Ai Ltd
3.7% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Nixinfinity - Ai Ltd
55.6% - Industry AVG
Profitability
an operating margin of 11.4% make it more profitable than the average company (6.5%)
- Nixinfinity - Ai Ltd
6.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (22)
4 - Nixinfinity - Ai Ltd
22 - Industry AVG
Pay Structure
on an average salary of £60.4k, the company has an equivalent pay structure (£60.4k)
- Nixinfinity - Ai Ltd
£60.4k - Industry AVG
Efficiency
resulting in sales per employee of £814.8k, this is more efficient (£139k)
- Nixinfinity - Ai Ltd
£139k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (62 days)
- Nixinfinity - Ai Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 213 days, this is slower than average (35 days)
- Nixinfinity - Ai Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nixinfinity - Ai Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (19 weeks)
42 weeks - Nixinfinity - Ai Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a lower level of debt than the average (56.7%)
47.6% - Nixinfinity - Ai Ltd
56.7% - Industry AVG
NIXINFINITY - AI LTD financials
Nixinfinity - Ai Ltd's latest turnover from March 2023 is estimated at £3.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Nixinfinity - Ai Ltd has 4 employees and maintains cash reserves of £830.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 4 | 3 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 17,506 | 13,345 | 13,231 | 12,659 | 4,168 | 0 |
| Intangible Assets | 20,000 | 30,000 | 40,000 | 0 | 0 | 0 |
| Investments & Other | 200,604 | 163,783 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 238,110 | 207,128 | 53,231 | 12,659 | 4,168 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 793,211 | 5,836 | 418,785 | 504,478 | 94,266 | 54,778 |
| Group Debtors | 340,000 | 120,000 | 120,000 | 0 | 0 | 0 |
| Misc Debtors | 1,621 | 43,000 | 0 | 120,000 | 0 | 0 |
| Cash | 830,870 | 689,983 | 754,816 | 219,359 | 116,239 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,965,702 | 858,819 | 1,293,601 | 843,837 | 210,505 | 54,778 |
| total assets | 2,203,812 | 1,065,947 | 1,346,832 | 856,496 | 214,673 | 54,778 |
| Bank overdraft | 5,559 | 5,592 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 848,222 | 43,168 | 281,074 | 426,658 | 78,636 | 45,186 |
| Group/Directors Accounts | 24,747 | 0 | 14,365 | 391 | 14 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 133,870 | 142,877 | 181,612 | 109,682 | 33,344 | 0 |
| total current liabilities | 1,012,398 | 191,637 | 477,051 | 536,731 | 111,994 | 45,186 |
| loans | 37,494 | 43,019 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,494 | 43,019 | 50,000 | 0 | 0 | 0 |
| total liabilities | 1,049,892 | 234,656 | 527,051 | 536,731 | 111,994 | 45,186 |
| net assets | 1,153,920 | 831,291 | 819,781 | 319,765 | 102,679 | 9,592 |
| total shareholders funds | 1,153,920 | 831,291 | 819,781 | 319,765 | 102,679 | 9,592 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,512 | 2,324 | 2,335 | 2,234 | 0 | |
| Amortisation | 10,000 | 10,000 | 10,000 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 965,996 | -369,949 | -85,693 | 530,212 | 39,488 | 54,778 |
| Creditors | 805,054 | -237,906 | -145,584 | 348,022 | 33,450 | 45,186 |
| Accruals and Deferred Income | -9,007 | -38,735 | 71,930 | 76,338 | 33,344 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 36,821 | 163,783 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 24,747 | -14,365 | 13,974 | 377 | 14 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,525 | -6,981 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 140,887 | -64,833 | 535,457 | 103,120 | 116,239 | 0 |
| overdraft | -33 | 5,592 | 0 | 0 | 0 | 0 |
| change in cash | 140,920 | -70,425 | 535,457 | 103,120 | 116,239 | 0 |
nixinfinity - ai ltd Credit Report and Business Information
Nixinfinity - Ai Ltd Competitor Analysis
Perform a competitor analysis for nixinfinity - ai ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in DE23 area or any other competitors across 12 key performance metrics.
nixinfinity - ai ltd Ownership
NIXINFINITY - AI LTD group structure
Nixinfinity - Ai Ltd has no subsidiary companies.
nixinfinity - ai ltd directors
Nixinfinity - Ai Ltd currently has 1 director, Mr Harjinder Bilan serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harjinder Bilan | England | 51 years | May 2017 | - | Director |
P&L
March 2023turnover
3.3m
+1863%
operating profit
370.7k
0%
gross margin
55.6%
+3.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.2m
+0.39%
total assets
2.2m
+1.07%
cash
830.9k
+0.2%
net assets
Total assets minus all liabilities
nixinfinity - ai ltd company details
company number
10777744
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
63110 - Data processing, hosting and related activities
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
TAXASSIST ACCOUNTANTS
auditor
-
address
169 pastures hill, littleover, derby, DE23 4AZ
Bank
-
Legal Advisor
-
nixinfinity - ai 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 nixinfinity - ai ltd.
nixinfinity - ai ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
