axonic limited

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axonic limited Company Information

Share AXONIC LIMITED

Company Number

11444951

Shareholders

stephanie charlotte thorne

thomas james thorne

Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

1 moat lane welbourn, lincoln, lincolnshire, LN5 0NB

axonic limited Estimated Valuation

£23.6k

Pomanda estimates the enterprise value of AXONIC LIMITED at £23.6k based on a Turnover of £44.9k and 0.53x industry multiple (adjusted for size and gross margin).

axonic limited Estimated Valuation

£6.4k

Pomanda estimates the enterprise value of AXONIC LIMITED at £6.4k based on an EBITDA of £1.8k and a 3.58x industry multiple (adjusted for size and gross margin).

axonic limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AXONIC LIMITED at £0 based on Net Assets of £-7.8k and 2.25x industry multiple (adjusted for liquidity).

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Axonic Limited Overview

Axonic Limited is a live company located in lincolnshire, LN5 0NB with a Companies House number of 11444951. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2018, it's largest shareholder is stephanie charlotte thorne with a 50% stake. Axonic Limited is a young, micro sized company, Pomanda has estimated its turnover at £44.9k with healthy growth in recent years.

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Axonic Limited Health Check

Pomanda's financial health check has awarded Axonic Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £44.9k, make it smaller than the average company (£7.7m)

£44.9k - Axonic Limited

£7.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.6%)

8% - Axonic Limited

9.6% - Industry AVG

production

Production

with a gross margin of 25.2%, this company has a higher cost of product (49.3%)

25.2% - Axonic Limited

49.3% - Industry AVG

profitability

Profitability

an operating margin of 4% make it as profitable than the average company (4%)

4% - Axonic Limited

4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (44)

1 - Axonic Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £74k, the company has an equivalent pay structure (£74k)

£74k - Axonic Limited

£74k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.9k, this is less efficient (£178.9k)

£44.9k - Axonic Limited

£178.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (50 days)

24 days - Axonic Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 148 days, this is slower than average (33 days)

148 days - Axonic Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Axonic Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Axonic Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 233.2%, this is a higher level of debt than the average (63.1%)

233.2% - Axonic Limited

63.1% - Industry AVG

AXONIC LIMITED financials

EXPORTms excel logo

Axonic Limited's latest turnover from July 2024 is estimated at £45 thousand and the company has net assets of -£7.8 thousand. According to their latest financial statements, Axonic Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Turnover44,95010,73946,64935,29251,97860,660
Other Income Or Grants
Cost Of Sales33,6387,98134,40026,79039,53745,894
Gross Profit11,3122,75812,2498,50312,44114,766
Admin Expenses9,5135,12816,43711,73510,71715,561
Operating Profit1,799-2,370-4,188-3,2321,724-795
Interest Payable
Interest Receivable213
Pre-Tax Profit1,799-2,370-4,188-3,2321,726-782
Tax-450-328
Profit After Tax1,349-2,370-4,188-3,2321,398-782
Dividends Paid
Retained Profit1,349-2,370-4,188-3,2321,398-782
Employee Costs74,02371,38867,03163,54359,43560,179
Number Of Employees111111
EBITDA*1,799-2,370-4,188-3,2321,724-795

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Tangible Assets2,8641,1282,1781,948
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,8641,1282,1781,948
Stock & work in progress
Trade Debtors3,0111,4286,1092,3619,974
Group Debtors
Misc Debtors
Cash3,401
misc current assets
total current assets3,0111,4286,1092,3619,9743,401
total assets5,8752,5568,2874,3099,9743,401
Bank overdraft
Bank loan
Trade Creditors 13,70011,73014,6416,5059,35879
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities4,004
total current liabilities13,70011,73014,6416,5059,3584,083
loans
hp & lease commitments
Accruals and Deferred Income450420
other liabilities
provisions
total long term liabilities450420
total liabilities13,70011,73015,0916,9259,3584,083
net assets-7,825-9,174-6,804-2,616616-682
total shareholders funds-7,825-9,174-6,804-2,616616-682
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Operating Activities
Operating Profit1,799-2,370-4,188-3,2321,724-795
Depreciation
Amortisation
Tax-450-328
Stock
Debtors1,583-4,6813,748-7,6139,974
Creditors1,970-2,9118,136-2,8539,27979
Accruals and Deferred Income-45030420-4,0044,004
Deferred Taxes & Provisions
Cash flow from operations1,736-1,0502301,948-3,3033,288
Investing Activities
capital expenditure-1,7361,050-230-1,948
Change in Investments
cash flow from investments-1,7361,050-230-1,948
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-100100
interest213
cash flow from financing-98113
cash and cash equivalents
cash-3,4013,401
overdraft
change in cash-3,4013,401

axonic limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Axonic Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for axonic limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LN5 area or any other competitors across 12 key performance metrics.

axonic limited Ownership

AXONIC LIMITED group structure

Axonic Limited has no subsidiary companies.

Ultimate parent company

AXONIC LIMITED

11444951

AXONIC LIMITED Shareholders

stephanie charlotte thorne 50%
thomas james thorne 50%

axonic limited directors

Axonic Limited currently has 2 directors. The longest serving directors include Mr Thomas Thorne (Jul 2018) and Mrs Stephanie Thorne (Jul 2018).

officercountryagestartendrole
Mr Thomas ThorneEngland60 years Jul 2018- Director
Mrs Stephanie ThorneEngland57 years Jul 2018- Director

P&L

July 2024

turnover

44.9k

+319%

operating profit

1.8k

0%

gross margin

25.2%

-2.03%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

-7.8k

-0.15%

total assets

5.9k

+1.3%

cash

0

0%

net assets

Total assets minus all liabilities

axonic limited company details

company number

11444951

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

July 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

N/A

accountant

MUMBY HEPPENSTALL

auditor

-

address

1 moat lane welbourn, lincoln, lincolnshire, LN5 0NB

Bank

-

Legal Advisor

-

axonic limited 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 axonic limited.

axonic 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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axonic limited Companies House Filings - See Documents

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