axela innovations ltd
axela innovations ltd Company Information
Company Number
10974315
Next Accounts
Feb 2026
Directors
Shareholders
nicholas kelly
axela limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
6 opal mews, london, NW6 7JU
axela innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of AXELA INNOVATIONS LTD at £9.3k based on a Turnover of £13k and 0.71x industry multiple (adjusted for size and gross margin).
axela innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of AXELA INNOVATIONS LTD at £143.1k based on an EBITDA of £29.4k and a 4.87x industry multiple (adjusted for size and gross margin).
axela innovations ltd Estimated Valuation
Pomanda estimates the enterprise value of AXELA INNOVATIONS LTD at £0 based on Net Assets of £-226.4k and 2.25x industry multiple (adjusted for liquidity).
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Axela Innovations Ltd Overview
Axela Innovations Ltd is a live company located in london, NW6 7JU with a Companies House number of 10974315. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2017, it's largest shareholder is nicholas kelly with a 95% stake. Axela Innovations Ltd is a young, micro sized company, Pomanda has estimated its turnover at £13k with declining growth in recent years.
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Axela Innovations Ltd Health Check
Pomanda's financial health check has awarded Axela Innovations Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £13k, make it smaller than the average company (£7.6m)
- Axela Innovations Ltd
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (9.3%)
- Axela Innovations Ltd
9.3% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
- Axela Innovations Ltd
49.8% - Industry AVG
Profitability
an operating margin of -73.8% make it less profitable than the average company (4%)
- Axela Innovations Ltd
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
- Axela Innovations Ltd
43 - Industry AVG
Pay Structure
on an average salary of £72.7k, the company has an equivalent pay structure (£72.7k)
- Axela Innovations Ltd
£72.7k - Industry AVG
Efficiency
resulting in sales per employee of £13k, this is less efficient (£179.1k)
- Axela Innovations Ltd
£179.1k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (50 days)
- Axela Innovations Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Axela Innovations Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Axela Innovations Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Axela Innovations Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.7%, this is a higher level of debt than the average (62.8%)
140.7% - Axela Innovations Ltd
62.8% - Industry AVG
AXELA INNOVATIONS LTD financials
Axela Innovations Ltd's latest turnover from May 2024 is estimated at £13 thousand and the company has net assets of -£226.4 thousand. According to their latest financial statements, we estimate that Axela Innovations Ltd has 1 employee and maintains cash reserves of £16 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 3 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,105 | 902 | 1,373 | 1,844 | 146,311 | ||
| Intangible Assets | 531,085 | 487,322 | 487,322 | 308,674 | |||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 536,190 | 488,224 | 488,695 | 310,518 | 146,311 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 2,400 | 13,759 | 11,326 | 892 | 5,452 | ||
| Group Debtors | 1,332 | ||||||
| Misc Debtors | 425 | 33,647 | 1,134 | 12,183 | 5 | 100 | |
| Cash | 15,993 | 1,212 | 1,396 | 3,881 | |||
| misc current assets | 912 | 522 | 740 | ||||
| total current assets | 20,150 | 49,530 | 14,378 | 16,804 | 892 | 5,457 | 100 |
| total assets | 556,340 | 537,754 | 503,073 | 327,322 | 147,203 | 5,457 | 100 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 10 | 171 | 9,476 | 6,306 | 74,887 | 2,400 | |
| Group/Directors Accounts | 2,654 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 85,261 | 89,703 | 80,384 | 89,451 | 65,231 | 600 | |
| total current liabilities | 85,271 | 89,874 | 89,860 | 95,757 | 74,887 | 70,285 | 600 |
| loans | 697,425 | 592,511 | 463,910 | 310,429 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 153,278 | ||||||
| provisions | |||||||
| total long term liabilities | 697,425 | 592,511 | 463,910 | 310,429 | 153,278 | ||
| total liabilities | 782,696 | 682,385 | 553,770 | 406,186 | 228,165 | 70,285 | 600 |
| net assets | -226,356 | -144,631 | -50,697 | -78,864 | -80,962 | -64,828 | -500 |
| total shareholders funds | -226,356 | -144,631 | -50,697 | -78,864 | -80,962 | -64,828 | -500 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,098 | 471 | 471 | ||||
| Amortisation | 37,935 | ||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -43,249 | 34,946 | 277 | 11,291 | -4,565 | 5,357 | 100 |
| Creditors | -161 | -9,305 | 3,170 | -68,581 | 72,487 | 2,400 | |
| Accruals and Deferred Income | -4,442 | 9,319 | -9,067 | 89,451 | -65,231 | 64,631 | 600 |
| 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 | -2,654 | 2,654 | |||||
| Other Short Term Loans | |||||||
| Long term loans | 104,914 | 128,601 | 153,481 | 310,429 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -153,278 | 153,278 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 14,781 | -184 | -2,485 | 3,881 | |||
| overdraft | |||||||
| change in cash | 14,781 | -184 | -2,485 | 3,881 |
axela innovations ltd Credit Report and Business Information
Axela Innovations Ltd Competitor Analysis
Perform a competitor analysis for axela innovations ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NW6 area or any other competitors across 12 key performance metrics.
axela innovations ltd Ownership
AXELA INNOVATIONS LTD group structure
Axela Innovations Ltd has no subsidiary companies.
axela innovations ltd directors
Axela Innovations Ltd currently has 1 director, Mr Nicholas Kelly serving since Jul 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Kelly | England | 42 years | Jul 2018 | - | Director |
P&L
May 2024turnover
13k
-94%
operating profit
-9.6k
0%
gross margin
49.8%
-0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-226.4k
+0.57%
total assets
556.3k
+0.03%
cash
16k
+12.2%
net assets
Total assets minus all liabilities
Similar Companies
axela innovations ltd company details
company number
10974315
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
6 opal mews, london, NW6 7JU
Bank
-
Legal Advisor
-
axela innovations 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 axela innovations ltd.
axela innovations 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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axela innovations ltd Companies House Filings - See Documents
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