bex money limited
bex money limited Company Information
Company Number
11614625
Website
www.gekoengineering.comRegistered Address
c/o irwin mitchell llp, riverside east, sheffield, south yorkshire, S3 8DT
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
57 days late
Group Structure
View All
Shareholders
lisa jacqueline simmons 51.1%
nanda soe 16.1%
View Allbex money limited Estimated Valuation
Pomanda estimates the enterprise value of BEX MONEY LIMITED at £309.4k based on a Turnover of £564.8k and 0.55x industry multiple (adjusted for size and gross margin).
bex money limited Estimated Valuation
Pomanda estimates the enterprise value of BEX MONEY LIMITED at £0 based on an EBITDA of £-66k and a 3.94x industry multiple (adjusted for size and gross margin).
bex money limited Estimated Valuation
Pomanda estimates the enterprise value of BEX MONEY LIMITED at £11.1k based on Net Assets of £4.9k and 2.26x industry multiple (adjusted for liquidity).
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Bex Money Limited Overview
Bex Money Limited is a live company located in sheffield, S3 8DT with a Companies House number of 11614625. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2018, it's largest shareholder is lisa jacqueline simmons with a 51.1% stake. Bex Money Limited is a young, small sized company, Pomanda has estimated its turnover at £564.8k with rapid growth in recent years.
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Bex Money Limited Health Check
Pomanda's financial health check has awarded Bex Money Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £564.8k, make it smaller than the average company (£5.8m)
- Bex Money Limited
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (4.8%)
- Bex Money Limited
4.8% - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (51.4%)
- Bex Money Limited
51.4% - Industry AVG
Profitability
an operating margin of -11.7% make it less profitable than the average company (4.2%)
- Bex Money Limited
4.2% - Industry AVG
Employees
with 11 employees, this is below the industry average (37)
11 - Bex Money Limited
37 - Industry AVG
Pay Structure
on an average salary of £64.3k, the company has an equivalent pay structure (£64.3k)
- Bex Money Limited
£64.3k - Industry AVG
Efficiency
resulting in sales per employee of £51.3k, this is less efficient (£154.3k)
- Bex Money Limited
£154.3k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (56 days)
- Bex Money Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (38 days)
- Bex Money Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bex Money Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bex Money Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (62.5%)
96.3% - Bex Money Limited
62.5% - Industry AVG
BEX MONEY LIMITED financials
Bex Money Limited's latest turnover from October 2022 is estimated at £564.8 thousand and the company has net assets of £4.9 thousand. According to their latest financial statements, Bex Money Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 11 | 4 | 4 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|
| Tangible Assets | 5,036 | 2,619 | 1,811 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,036 | 2,619 | 1,811 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 127,872 | 68,271 | 111,896 | 82,000 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 127,872 | 68,271 | 111,896 | 82,000 |
| total assets | 132,908 | 70,890 | 113,707 | 82,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,648 | 0 | 0 | 81,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 10,648 | 0 | 0 | 81,000 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 117,352 | 0 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 117,352 | 0 | 50,000 | 0 |
| total liabilities | 128,000 | 0 | 50,000 | 81,000 |
| net assets | 4,908 | 70,890 | 63,707 | 1,000 |
| total shareholders funds | 4,908 | 70,890 | 63,707 | 1,000 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 59,601 | -43,625 | 29,896 | 82,000 |
| Creditors | 10,648 | 0 | -81,000 | 81,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 117,352 | -50,000 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
bex money limited Credit Report and Business Information
Bex Money Limited Competitor Analysis
Perform a competitor analysis for bex money limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in S 3 area or any other competitors across 12 key performance metrics.
bex money limited Ownership
BEX MONEY LIMITED group structure
Bex Money Limited has no subsidiary companies.
Ultimate parent company
BEX MONEY LIMITED
11614625
bex money limited directors
Bex Money Limited currently has 2 directors. The longest serving directors include Ms Lisa Simmons (Oct 2018) and Mr Marc Shirman (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Lisa Simmons | United Kingdom | 49 years | Oct 2018 | - | Director |
| Mr Marc Shirman | 44 years | Sep 2020 | - | Director |
P&L
October 2022turnover
564.8k
+95%
operating profit
-66k
0%
gross margin
27%
+10.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
4.9k
-0.93%
total assets
132.9k
+0.87%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
bex money limited company details
company number
11614625
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
shush money limited (October 2021)
coinzu limited (September 2020)
See morelast accounts submitted
October 2022
address
c/o irwin mitchell llp, riverside east, sheffield, south yorkshire, S3 8DT
accountant
-
auditor
-
bex money 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 bex money limited.
bex money limited Companies House Filings - See Documents
| date | description | view/download |
|---|
