axis logistics limited
axis logistics limited Company Information
Company Number
11853027
Website
http://prax.comRegistered Address
harvest house, horizon business village, weybridge, surrey, KT13 0TJ
Industry
Freight transport by road
Telephone
02075800033
Next Accounts Due
November 2024
Group Structure
View All
Directors
Winston Soosaipillai5 Years
Shareholders
state oil limited 100%
axis logistics limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS LOGISTICS LIMITED at £9.3m based on a Turnover of £21.4m and 0.44x industry multiple (adjusted for size and gross margin).
axis logistics limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS LOGISTICS LIMITED at £3.7m based on an EBITDA of £935.4k and a 3.97x industry multiple (adjusted for size and gross margin).
axis logistics limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS LOGISTICS LIMITED at £1.6m based on Net Assets of £630.9k and 2.51x industry multiple (adjusted for liquidity).
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Axis Logistics Limited Overview
Axis Logistics Limited is a live company located in weybridge, KT13 0TJ with a Companies House number of 11853027. It operates in the freight transport by road sector, SIC Code 49410. Founded in February 2019, it's largest shareholder is state oil limited with a 100% stake. Axis Logistics Limited is a young, large sized company, Pomanda has estimated its turnover at £21.4m with rapid growth in recent years.
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Axis Logistics Limited Health Check
Pomanda's financial health check has awarded Axis Logistics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £21.4m, make it larger than the average company (£8.3m)
£21.4m - Axis Logistics Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 151%, show it is growing at a faster rate (7.6%)
151% - Axis Logistics Limited
7.6% - Industry AVG
Production
with a gross margin of 8%, this company has a higher cost of product (21.4%)
8% - Axis Logistics Limited
21.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.9%)
0.6% - Axis Logistics Limited
5.9% - Industry AVG
Employees
with 100 employees, this is above the industry average (56)
100 - Axis Logistics Limited
56 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has a higher pay structure (£38.6k)
£67.6k - Axis Logistics Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £214.3k, this is more efficient (£129.8k)
£214.3k - Axis Logistics Limited
£129.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (54 days)
0 days - Axis Logistics Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (32 days)
45 days - Axis Logistics Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Axis Logistics Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)
3 weeks - Axis Logistics Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.9%, this is a higher level of debt than the average (63.1%)
88.9% - Axis Logistics Limited
63.1% - Industry AVG
AXIS LOGISTICS LIMITED financials
Axis Logistics Limited's latest turnover from February 2023 is £21.4 million and the company has net assets of £630.9 thousand. According to their latest financial statements, Axis Logistics Limited has 100 employees and maintains cash reserves of £252.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Turnover | 21,426,449 | 13,517,262 | 10,108,875 | 1,355,115 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,706,437 | 12,274,189 | 8,287,232 | 1,140,748 |
| Gross Profit | 1,720,012 | 1,243,073 | 1,821,643 | 214,367 |
| Admin Expenses | 1,597,732 | 1,089,448 | 1,279,537 | 182,726 |
| Operating Profit | 122,280 | 153,625 | 542,106 | 31,641 |
| Interest Payable | 63,835 | 56,751 | 72,725 | 10,257 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 58,445 | 96,874 | 469,381 | 21,384 |
| Tax | 26,718 | -52,516 | 10,028 | 553 |
| Profit After Tax | 85,163 | 44,358 | 479,409 | 21,937 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 85,163 | 44,358 | 479,409 | 21,937 |
| Employee Costs | 6,755,967 | 4,837,189 | 3,543,735 | 416,593 |
| Number Of Employees | 100 | 77 | 58 | 63 |
| EBITDA* | 935,437 | 726,244 | 1,168,843 | 87,448 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,896,578 | 2,470,182 | 2,212,766 | 2,669,146 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,896,578 | 2,470,182 | 2,212,766 | 2,669,146 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,033 | 4,033 | 0 | 0 |
| Group Debtors | 3,057,851 | 2,792,730 | 1,245,774 | 571,128 |
| Misc Debtors | 471,765 | 39,784 | 254,863 | 387,505 |
| Cash | 252,358 | 266,975 | 505,471 | 74,930 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 3,786,007 | 3,103,522 | 2,006,108 | 1,033,563 |
| total assets | 5,682,585 | 5,573,704 | 4,218,874 | 3,702,709 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 137,356 | 137,356 | 137,358 | 137,356 |
| Trade Creditors | 2,448,752 | 1,287,552 | 554,074 | 632,905 |
| Group/Directors Accounts | 0 | 1,357,890 | 423,796 | 267,818 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 334,439 | 296,585 | 288,137 | 277,944 |
| other current liabilities | 1,186,507 | 508,184 | 479,109 | 107,835 |
| total current liabilities | 4,107,054 | 3,587,567 | 1,882,474 | 1,423,858 |
| loans | 824,152 | 961,510 | 1,098,866 | 1,236,227 |
| hp & lease commitments | 105,293 | 436,986 | 736,186 | 1,020,685 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 15,217 | 41,935 | 0 | 0 |
| total long term liabilities | 944,662 | 1,440,431 | 1,835,052 | 2,256,912 |
| total liabilities | 5,051,716 | 5,027,998 | 3,717,526 | 3,680,770 |
| net assets | 630,869 | 545,706 | 501,348 | 21,939 |
| total shareholders funds | 630,869 | 545,706 | 501,348 | 21,939 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 122,280 | 153,625 | 542,106 | 31,641 |
| Depreciation | 813,157 | 572,619 | 626,737 | 55,807 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 26,718 | -52,516 | 10,028 | 553 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 697,102 | 1,335,910 | 542,004 | 958,633 |
| Creditors | 1,161,200 | 733,478 | -78,831 | 632,905 |
| Accruals and Deferred Income | 678,323 | 29,075 | 371,274 | 107,835 |
| Deferred Taxes & Provisions | -26,718 | 41,935 | 0 | 0 |
| Cash flow from operations | 2,077,858 | 142,306 | 929,310 | -129,892 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | -2 | 2 | 137,356 |
| Group/Directors Accounts | -1,357,890 | 934,094 | 155,978 | 267,818 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -137,358 | -137,356 | -137,361 | 1,236,227 |
| Hire Purchase and Lease Commitments | -293,839 | -290,752 | -274,306 | 1,298,629 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -63,835 | -56,751 | -72,725 | -10,257 |
| cash flow from financing | -1,852,922 | 449,233 | -328,412 | 2,929,775 |
| cash and cash equivalents | ||||
| cash | -14,617 | -238,496 | 430,541 | 74,930 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -14,617 | -238,496 | 430,541 | 74,930 |
axis logistics limited Credit Report and Business Information
Axis Logistics Limited Competitor Analysis
Perform a competitor analysis for axis logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in KT13 area or any other competitors across 12 key performance metrics.
axis logistics limited Ownership
AXIS LOGISTICS LIMITED group structure
Axis Logistics Limited has no subsidiary companies.
Ultimate parent company
2 parents
AXIS LOGISTICS LIMITED
11853027
axis logistics limited directors
Axis Logistics Limited currently has 1 director, Mr Winston Soosaipillai serving since Feb 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Winston Soosaipillai | United Kingdom | 51 years | Feb 2019 | - | Director |
P&L
February 2023turnover
21.4m
+59%
operating profit
122.3k
-20%
gross margin
8.1%
-12.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
630.9k
+0.16%
total assets
5.7m
+0.02%
cash
252.4k
-0.05%
net assets
Total assets minus all liabilities
axis logistics limited company details
company number
11853027
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
February 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
harvest house, horizon business village, weybridge, surrey, KT13 0TJ
Bank
-
Legal Advisor
-
axis logistics 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 found 1 charges/mortgages relating to axis logistics limited. Currently there are 1 open charges and 0 have been satisfied in the past.
axis logistics limited Companies House Filings - See Documents
| date | description | view/download |
|---|
