Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Pomanda estimates the enterprise value of XENITH DOCUMENT SERVICES LIMITED at £10.2m based on a Turnover of £8m and 1.28x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of XENITH DOCUMENT SERVICES LIMITED at £4.6m based on an EBITDA of £863.4k and a 5.36x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of XENITH DOCUMENT SERVICES LIMITED at £0 based on Net Assets of £-3.6m and 1.31x industry multiple (adjusted for liquidity).
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Xenith Document Services LimitedOverview
Xenith Document Services Limited is a live company located in london, WC2A 2JR with a Companies House number of 11104364. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2017, it's largest shareholder is
justin graham milligan
with a 50% stake. Xenith Document Services Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Xenith Document Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £8m, make it smaller than the average company (£18.9m)
£8m - Xenith Document Services Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (10.5%)
-3% - Xenith Document Services Limited
10.5% - Industry AVG
Production
with a gross margin of 35.3%, this company has a comparable cost of product (36.3%)
35.3% - Xenith Document Services Limited
36.3% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (4.5%)
-1.9% - Xenith Document Services Limited
4.5% - Industry AVG
Employees
with 118 employees, this is similar to the industry average (104)
118 - Xenith Document Services Limited
104 - Industry AVG
Pay Structure
on an average salary of £28k, the company has a lower pay structure (£44.7k)
£28k - Xenith Document Services Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £67.6k, this is less efficient (£191k)
£67.6k - Xenith Document Services Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (45 days)
33 days - Xenith Document Services Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (44 days)
60 days - Xenith Document Services Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (40 days)
27 days - Xenith Document Services Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Xenith Document Services Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.2%, this is a higher level of debt than the average (69.6%)
129.2% - Xenith Document Services Limited
69.6% - Industry AVG
XENITH DOCUMENT SERVICES LIMITED financials
EXPORT
Xenith Document Services Limited's latest turnover from December 2023 is £8 million and the company has net assets of -£3.6 million. According to their latest financial statements, Xenith Document Services Limited has 118 employees and maintains cash reserves of £423.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
7,976,481
9,718,597
7,926,050
8,749,906
17,313,294
19,889,818
Other Income Or Grants
Cost Of Sales
5,161,404
6,344,993
5,203,959
8,477,392
12,602,639
14,519,782
Gross Profit
2,815,077
3,373,604
2,722,091
272,514
4,710,655
5,370,036
Admin Expenses
2,970,414
2,714,510
2,556,004
2,949,532
3,777,455
3,357,728
Operating Profit
-155,337
659,094
166,087
-2,677,018
933,200
2,012,308
Interest Payable
709,118
501,923
481,349
769,447
772,206
665,080
Interest Receivable
34
6,825
176
10,141
Pre-Tax Profit
-864,421
163,996
-315,262
-3,446,289
160,994
1,347,228
Tax
12,791
229,443
-139,537
539,974
-129,104
-392,064
Profit After Tax
-851,630
393,439
-454,799
-2,906,315
31,890
955,164
Dividends Paid
267,429
Retained Profit
-851,630
393,439
-454,799
-2,906,315
-235,539
955,164
Employee Costs
3,301,780
3,381,858
3,124,940
3,551,739
4,492,571
4,202,152
Number Of Employees
118
60
54
70
73
65
EBITDA*
863,420
1,454,763
943,109
-1,917,838
1,662,232
2,057,773
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
62,715
157,664
208,757
247,322
268,445
195,275
Intangible Assets
9,899,589
10,382,434
10,662,962
11,316,766
11,933,555
12,451,975
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
9,962,304
10,540,098
10,871,719
11,564,088
12,202,000
12,647,250
Stock & work in progress
385,051
555,273
754,446
361,152
875,275
799,121
Trade Debtors
742,335
824,139
666,926
1,177,598
2,318,077
2,865,882
Group Debtors
Misc Debtors
857,286
900,555
1,122,240
1,634,757
1,926,597
Cash
423,563
1,362,675
1,204,277
1,011,632
2,268,330
2,704,133
misc current assets
total current assets
2,408,235
3,642,642
3,747,889
4,185,139
7,388,279
9,780,255
total assets
12,370,539
14,182,740
14,619,608
15,749,227
19,590,279
22,427,505
Bank overdraft
Bank loan
564,681
264,681
Trade Creditors
858,193
833,339
820,149
1,850,582
1,872,933
1,536,092
Group/Directors Accounts
other short term finances
607,819
607,819
607,819
hp & lease commitments
other current liabilities
2,555,235
2,655,369
2,866,728
3,261,364
3,014,940
total current liabilities
4,585,928
4,361,208
4,294,696
5,111,946
4,887,873
7,851,423
loans
11,394,751
12,567,251
13,454,432
13,312,252
13,312,252
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
711
13,502
23,140
22,890
27,672
total long term liabilities
11,395,462
12,580,753
13,477,572
13,335,142
13,339,924
12,978,061
total liabilities
15,981,390
16,941,961
17,772,268
18,447,088
18,227,797
20,829,484
net assets
-3,610,851
-2,759,221
-3,152,660
-2,697,861
1,362,482
1,598,021
total shareholders funds
-3,610,851
-2,759,221
-3,152,660
-2,697,861
1,362,482
1,598,021
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-155,337
659,094
166,087
-2,677,018
933,200
2,012,308
Depreciation
94,949
52,595
41,002
41,138
46,397
45,465
Amortisation
923,808
743,074
736,020
718,042
682,635
Tax
12,791
229,443
-139,537
539,974
-129,104
-392,064
Stock
-170,222
-199,173
393,294
-514,123
76,154
799,121
Debtors
-125,073
-64,472
-1,023,189
-1,432,319
1,378,792
2,865,882
Creditors
24,854
13,190
-1,030,433
-22,351
336,841
1,536,092
Accruals and Deferred Income
-100,134
-211,359
-394,636
246,424
3,014,940
Deferred Taxes & Provisions
-12,791
-9,638
250
-4,782
27,672
Cash flow from operations
1,083,435
1,740,044
8,648
787,869
3,457,635
-463,202
Investing Activities
capital expenditure
-12,692,715
Change in Investments
cash flow from investments
-12,692,715
Financing Activities
Bank loans
300,000
264,681
Group/Directors Accounts
Other Short Term Loans
607,819
Long term loans
-1,172,500
-887,181
142,180
13,312,252
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,154,028
642,857
interest
-709,084
-495,098
-481,349
-769,271
-772,206
-654,939
cash flow from financing
-1,581,584
-1,117,598
268,650
-1,923,299
12,540,046
-12,082
cash and cash equivalents
cash
-939,112
158,398
192,645
-1,256,698
-435,803
2,704,133
overdraft
change in cash
-939,112
158,398
192,645
-1,256,698
-435,803
2,704,133
xenith document services limited 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 xenith document services limited. Get real-time insights into xenith document services limited's credit score, group structure and payment trends.
Perform a competitor analysis for xenith document services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WC2A area or any other competitors across 12 key performance metrics.
xenith document services limited Ownership
XENITH DOCUMENT SERVICES LIMITED group structure
Xenith Document Services Limited has 2 subsidiary companies.
The largest shareholders in Xenith Document Services Limited include Justin Graham Milligan and Marc Ueckermann.
justin graham milligan
49.99%
marc ueckermann
30%
xenith finance limited
20%
xenith document services limited directors
Xenith Document Services Limited currently has 2 directors.
The longest serving directors include
Mr Justin Milligan (Dec 2017) and
Mr Marc Ueckermann (Dec 2017).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
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 found 4 charges/mortgages relating to xenith document services limited. Currently there are 4 open charges and 0 have been satisfied in the past.
xenith document services 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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xenith document services limitedCompanies House Filings - See Documents
