dacxi limited

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dacxi limited Company Information

Share DACXI LIMITED

Company Number

11843174

Directors

Ian Tyler

Shareholders

wilson mckay trustee company ltd

prudential risk & treasury advisory services limited

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Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

the business centre, 1 burrough court, melton mowbray, leicestershire, LE14 2QS

Website

dacxi.com

dacxi limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of DACXI LIMITED at £1.8m based on a Turnover of £1.5m and 1.23x industry multiple (adjusted for size and gross margin).

dacxi limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DACXI LIMITED at £0 based on an EBITDA of £-211.3k and a 4.26x industry multiple (adjusted for size and gross margin).

dacxi limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DACXI LIMITED at £0 based on Net Assets of £-658.2k and 1.31x industry multiple (adjusted for liquidity).

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Dacxi Limited Overview

Dacxi Limited is a live company located in melton mowbray, LE14 2QS with a Companies House number of 11843174. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2019, it's largest shareholder is wilson mckay trustee company ltd with a 96.5% stake. Dacxi Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Dacxi Limited Health Check

Pomanda's financial health check has awarded Dacxi Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£5.3m)

£1.5m - Dacxi Limited

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (6.4%)

-37% - Dacxi Limited

6.4% - Industry AVG

production

Production

with a gross margin of 55%, this company has a comparable cost of product (55%)

55% - Dacxi Limited

55% - Industry AVG

profitability

Profitability

an operating margin of -14.8% make it less profitable than the average company (9.2%)

-14.8% - Dacxi Limited

9.2% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (12)

9 - Dacxi Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.5k, the company has an equivalent pay structure (£79.5k)

£79.5k - Dacxi Limited

£79.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £162k, this is less efficient (£211.3k)

£162k - Dacxi Limited

£211.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Dacxi Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (40 days)

1 days - Dacxi Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 31 days, this is in line with average (38 days)

31 days - Dacxi Limited

38 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (29 weeks)

10 weeks - Dacxi Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 222.3%, this is a higher level of debt than the average (69.3%)

222.3% - Dacxi Limited

69.3% - Industry AVG

DACXI LIMITED financials

EXPORTms excel logo

Dacxi Limited's latest turnover from January 2024 is estimated at £1.5 million and the company has net assets of -£658.2 thousand. According to their latest financial statements, Dacxi Limited has 9 employees and maintains cash reserves of £230.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Turnover1,458,0331,700,4261,802,8325,822,2114,656,521
Other Income Or Grants
Cost Of Sales655,788742,964730,6382,419,4951,799,130
Gross Profit802,246957,4621,072,1943,402,7162,857,391
Admin Expenses1,017,8061,753,3162,670,5093,547,3451,670,428
Operating Profit-215,560-795,854-1,598,315-144,6291,186,963
Interest Payable
Interest Receivable11,95521,5391,257
Pre-Tax Profit-203,605-774,315-1,597,058-144,6291,186,963
Tax-225,523
Profit After Tax-203,605-774,315-1,597,058-144,629961,440
Dividends Paid
Retained Profit-203,605-774,315-1,597,058-144,629961,440
Employee Costs715,907814,264814,000209,274141,921
Number Of Employees9111132
EBITDA*-211,292-790,646-1,593,957-144,6291,186,963

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Tangible Assets1,8826,15010,0427,5223,018
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,8826,15010,0427,5223,018
Stock & work in progress57,43091,18157,430
Trade Debtors1,379,0711,114,839
Group Debtors
Misc Debtors248,230471,3461,459,973
Cash230,451224,9771,005,810
misc current assets
total current assets536,111787,5042,523,2131,379,0711,114,839
total assets537,993793,6542,533,2551,386,5931,117,857
Bank overdraft
Bank loan
Trade Creditors 3,0363,53851,563569,782156,417
Group/Directors Accounts1,806,016
other short term finances
hp & lease commitments
other current liabilities1,193,124343,794405,923
total current liabilities1,196,160347,3322,263,502569,782156,417
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities767,205
provisions
total long term liabilities767,205
total liabilities1,196,1601,114,5372,263,502569,782156,417
net assets-658,167-320,883269,753816,811961,440
total shareholders funds-658,167-320,883269,753816,811961,440
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Operating Activities
Operating Profit-215,560-795,854-1,598,315-144,6291,186,963
Depreciation4,2685,2084,358
Amortisation
Tax-225,523
Stock-33,75133,75157,430
Debtors-223,116-988,62780,902264,2321,114,839
Creditors-502-48,025-518,219413,365156,417
Accruals and Deferred Income849,330-62,129405,923
Deferred Taxes & Provisions
Cash flow from operations894,40354,076-1,844,5854,5043,018
Investing Activities
capital expenditure-1,316-6,878-4,504-3,018
Change in Investments
cash flow from investments-1,316-6,878-4,504-3,018
Financing Activities
Bank loans
Group/Directors Accounts-1,806,0161,806,016
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-767,205767,205
share issue-133,679183,6791,050,000
interest11,95521,5391,257
cash flow from financing-888,929-833,5932,857,273
cash and cash equivalents
cash5,474-780,8331,005,810
overdraft
change in cash5,474-780,8331,005,810

dacxi 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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Dacxi Limited Competitor Analysis

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Perform a competitor analysis for dacxi limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in LE14 area or any other competitors across 12 key performance metrics.

dacxi limited Ownership

DACXI LIMITED group structure

Dacxi Limited has no subsidiary companies.

Ultimate parent company

DACXI LIMITED

11843174

DACXI LIMITED Shareholders

wilson mckay trustee company ltd 96.46%
prudential risk & treasury advisory services limited 1.61%
danny mcguinness 0.96%
katherine parrington-hough 0.19%
hugh lee 0.19%
andrew millar 0.19%
vanessa munro 0.19%
patrick guiden 0.19%

dacxi limited directors

Dacxi Limited currently has 1 director, Mr Ian Tyler serving since Jun 2021.

officercountryagestartendrole
Mr Ian TylerUnited Kingdom61 years Jun 2021- Director

P&L

January 2024

turnover

1.5m

-14%

operating profit

-215.6k

0%

gross margin

55.1%

-2.28%

turnover

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

Balance Sheet

January 2024

net assets

-658.2k

+1.05%

total assets

538k

-0.32%

cash

230.5k

+0.02%

net assets

Total assets minus all liabilities

dacxi limited company details

company number

11843174

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

February 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

the business centre, 1 burrough court, melton mowbray, leicestershire, LE14 2QS

Bank

-

Legal Advisor

-

dacxi 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 dacxi limited.

dacxi 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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dacxi limited Companies House Filings - See Documents

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