nexawave group ltd
nexawave group ltd Company Information
Company Number
11852303
Website
xpresscomms.comRegistered Address
49 high street, egham, TW20 9EW
Industry
Other information technology and computer service activities
Telephone
441628337446
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
horsehill holdings ltd 50%
foleshill holdings limited 50%
nexawave group ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXAWAVE GROUP LTD at £478.8k based on a Turnover of £917.5k and 0.52x industry multiple (adjusted for size and gross margin).
nexawave group ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXAWAVE GROUP LTD at £306.3k based on an EBITDA of £84.1k and a 3.64x industry multiple (adjusted for size and gross margin).
nexawave group ltd Estimated Valuation
Pomanda estimates the enterprise value of NEXAWAVE GROUP LTD at £139.4k based on Net Assets of £60.5k and 2.3x industry multiple (adjusted for liquidity).
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Nexawave Group Ltd Overview
Nexawave Group Ltd is a live company located in egham, TW20 9EW with a Companies House number of 11852303. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2019, it's largest shareholder is horsehill holdings ltd with a 50% stake. Nexawave Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £917.5k with rapid growth in recent years.
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Nexawave Group Ltd Health Check
Pomanda's financial health check has awarded Nexawave Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £917.5k, make it smaller than the average company (£6.9m)
- Nexawave Group Ltd
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 117%, show it is growing at a faster rate (8.9%)
- Nexawave Group Ltd
8.9% - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (48.7%)
- Nexawave Group Ltd
48.7% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (3.6%)
- Nexawave Group Ltd
3.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
- Nexawave Group Ltd
42 - Industry AVG
Pay Structure
on an average salary of £70.4k, the company has an equivalent pay structure (£70.4k)
- Nexawave Group Ltd
£70.4k - Industry AVG
Efficiency
resulting in sales per employee of £305.8k, this is more efficient (£168.2k)
- Nexawave Group Ltd
£168.2k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (54 days)
- Nexawave Group Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (36 days)
- Nexawave Group Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nexawave Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nexawave Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.9%, this is a higher level of debt than the average (63%)
76.9% - Nexawave Group Ltd
63% - Industry AVG
NEXAWAVE GROUP LTD financials
Nexawave Group Ltd's latest turnover from February 2024 is estimated at £917.5 thousand and the company has net assets of £60.5 thousand. According to their latest financial statements, we estimate that Nexawave Group Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| 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 | 1 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 262,083 | 232,326 | 25,631 | 28,170 | 24,428 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 262,083 | 232,326 | 25,631 | 28,170 | 24,428 |
| total assets | 262,083 | 232,326 | 25,631 | 28,170 | 24,428 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 200,615 | 233,941 | 19,558 | 28,135 | 62,413 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 200,615 | 233,941 | 19,558 | 28,135 | 62,413 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 950 | 950 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 50,000 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 950 | 950 | 50,000 | 50,000 | 0 |
| total liabilities | 201,565 | 234,891 | 69,558 | 78,135 | 62,413 |
| net assets | 60,518 | -2,565 | -43,927 | -49,965 | -37,985 |
| total shareholders funds | 60,518 | -2,565 | -43,927 | -49,965 | -37,985 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 29,757 | 206,695 | -2,539 | 3,742 | 24,428 |
| Creditors | -33,326 | 214,383 | -8,577 | -34,278 | 62,413 |
| Accruals and Deferred Income | 0 | 950 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 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 | -50,000 | 0 | 50,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
nexawave group ltd Credit Report and Business Information
Nexawave Group Ltd Competitor Analysis
Perform a competitor analysis for nexawave group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in TW20 area or any other competitors across 12 key performance metrics.
nexawave group ltd Ownership
NEXAWAVE GROUP LTD group structure
Nexawave Group Ltd has no subsidiary companies.
Ultimate parent company
NEXAWAVE GROUP LTD
11852303
nexawave group ltd directors
Nexawave Group Ltd currently has 2 directors. The longest serving directors include Mr Hardeep Hans (Nov 2020) and Mr Hardeep Hans (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hardeep Hans | England | 29 years | Nov 2020 | - | Director |
| Mr Hardeep Hans | England | 29 years | Nov 2020 | - | Director |
P&L
February 2024turnover
917.5k
+17%
operating profit
84.1k
0%
gross margin
24.5%
-5.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
60.5k
-24.59%
total assets
262.1k
+0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nexawave group ltd company details
company number
11852303
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
xpress comms ltd (June 2024)
accountant
NORTHGATE ACCOUNTING SERVICES LIMITED
auditor
-
address
49 high street, egham, TW20 9EW
Bank
-
Legal Advisor
-
nexawave group 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 nexawave group ltd.
nexawave group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
