flx ltd
flx ltd Company Information
Company Number
11182296
Website
-Registered Address
310 harrow road, wembley, HA9 6LL
Industry
Financial management
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Akshay Sethia6 Years
Shareholders
akshay sethia 100%
flx ltd Estimated Valuation
Pomanda estimates the enterprise value of FLX LTD at £89k based on a Turnover of £110.4k and 0.81x industry multiple (adjusted for size and gross margin).
flx ltd Estimated Valuation
Pomanda estimates the enterprise value of FLX LTD at £520k based on an EBITDA of £89.8k and a 5.79x industry multiple (adjusted for size and gross margin).
flx ltd Estimated Valuation
Pomanda estimates the enterprise value of FLX LTD at £181.9k based on Net Assets of £59.9k and 3.04x industry multiple (adjusted for liquidity).
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Flx Ltd Overview
Flx Ltd is a live company located in wembley, HA9 6LL with a Companies House number of 11182296. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 2018, it's largest shareholder is akshay sethia with a 100% stake. Flx Ltd is a young, micro sized company, Pomanda has estimated its turnover at £110.4k with declining growth in recent years.
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Flx Ltd Health Check
Pomanda's financial health check has awarded Flx Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £110.4k, make it smaller than the average company (£491.6k)
- Flx Ltd
£491.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (7%)
- Flx Ltd
7% - Industry AVG
Production
with a gross margin of 67.9%, this company has a comparable cost of product (67.9%)
- Flx Ltd
67.9% - Industry AVG
Profitability
an operating margin of 81% make it more profitable than the average company (9.5%)
- Flx Ltd
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Flx Ltd
4 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Flx Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £55.2k, this is less efficient (£121.6k)
- Flx Ltd
£121.6k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (69 days)
- Flx Ltd
69 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Flx Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flx Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 153 weeks, this is more cash available to meet short term requirements (31 weeks)
153 weeks - Flx Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (50.6%)
29.8% - Flx Ltd
50.6% - Industry AVG
FLX LTD financials
Flx Ltd's latest turnover from March 2023 is estimated at £110.4 thousand and the company has net assets of £59.9 thousand. According to their latest financial statements, Flx Ltd has 2 employees and maintains cash reserves of £75.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 3 | 4 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,223 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,223 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,502 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 478 | 0 | 3,564 | 16,722 | 281 |
| Cash | 75,091 | 1,369 | 7,054 | 6,881 | 32,958 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 84,071 | 1,369 | 10,618 | 23,603 | 33,239 |
| total assets | 85,294 | 1,369 | 10,618 | 23,603 | 33,239 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,379 | 14,331 | 6,504 | 15,959 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,034 | 900 | 1,440 | 900 | 11,223 |
| total current liabilities | 25,413 | 15,231 | 7,944 | 16,859 | 11,223 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 25,413 | 15,231 | 7,944 | 16,859 | 11,223 |
| net assets | 59,881 | -13,862 | 2,674 | 6,744 | 22,016 |
| total shareholders funds | 59,881 | -13,862 | 2,674 | 6,744 | 22,016 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 408 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,980 | -3,564 | -13,158 | 16,441 | 281 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 20,134 | -540 | 540 | -10,323 | 11,223 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -9,952 | 7,827 | -9,455 | 15,959 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 73,722 | -5,685 | 173 | -26,077 | 32,958 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 73,722 | -5,685 | 173 | -26,077 | 32,958 |
flx ltd Credit Report and Business Information
Flx Ltd Competitor Analysis
Perform a competitor analysis for flx ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
flx ltd Ownership
FLX LTD group structure
Flx Ltd has no subsidiary companies.
Ultimate parent company
FLX LTD
11182296
flx ltd directors
Flx Ltd currently has 1 director, Akshay Sethia serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Akshay Sethia | England | 55 years | Feb 2018 | - | Director |
P&L
March 2023turnover
110.4k
-67%
operating profit
89.4k
0%
gross margin
67.9%
-5.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
59.9k
-5.32%
total assets
85.3k
+61.3%
cash
75.1k
+53.85%
net assets
Total assets minus all liabilities
Similar Companies
flx ltd company details
company number
11182296
Type
Private limited with Share Capital
industry
70221 - Financial management
70229 - Management consultancy activities (other than financial management)
incorporation date
February 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
310 harrow road, wembley, HA9 6LL
last accounts submitted
March 2023
flx 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 flx ltd.
flx ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
