10x tech and innovation centre ltd

10x tech and innovation centre ltd Company Information

Share 10X TECH AND INNOVATION CENTRE LTD
Live 
YoungMicroDeclining

Company Number

12085855

Industry

Business and domestic software development

 

Educational support activities

 
View All 

Shareholders

shahryar khan momand

Group Structure

View All

Contact

Registered Address

3rd floor 470 london road, slough, SL3 8QY

Website

-

10x tech and innovation centre ltd Estimated Valuation

£39.2k

Pomanda estimates the enterprise value of 10X TECH AND INNOVATION CENTRE LTD at £39.2k based on a Turnover of £69.6k and 0.56x industry multiple (adjusted for size and gross margin).

10x tech and innovation centre ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 10X TECH AND INNOVATION CENTRE LTD at £0 based on an EBITDA of £-8.6k and a 3.65x industry multiple (adjusted for size and gross margin).

10x tech and innovation centre ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 10X TECH AND INNOVATION CENTRE LTD at £0 based on Net Assets of £-8.6k and 2.38x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

10x Tech And Innovation Centre Ltd Overview

10x Tech And Innovation Centre Ltd is a live company located in slough, SL3 8QY with a Companies House number of 12085855. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2019, it's largest shareholder is shahryar khan momand with a 100% stake. 10x Tech And Innovation Centre Ltd is a young, micro sized company, Pomanda has estimated its turnover at £69.6k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

10x Tech And Innovation Centre Ltd Health Check

Pomanda's financial health check has awarded 10X Tech And Innovation Centre Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

9 Weak

size

Size

annual sales of £69.6k, make it smaller than the average company (£1.7m)

£69.6k - 10x Tech And Innovation Centre Ltd

£1.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.5%)

-2% - 10x Tech And Innovation Centre Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 31.7%, this company has a higher cost of product (62.5%)

31.7% - 10x Tech And Innovation Centre Ltd

62.5% - Industry AVG

profitability

Profitability

an operating margin of -12.3% make it less profitable than the average company (4.6%)

-12.3% - 10x Tech And Innovation Centre Ltd

4.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - 10x Tech And Innovation Centre Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.3k, the company has an equivalent pay structure (£50.3k)

£50.3k - 10x Tech And Innovation Centre Ltd

£50.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69.6k, this is less efficient (£97.4k)

£69.6k - 10x Tech And Innovation Centre Ltd

£97.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 123 days, this is later than average (49 days)

123 days - 10x Tech And Innovation Centre Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (31 days)

7 days - 10x Tech And Innovation Centre Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 10x Tech And Innovation Centre Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 10x Tech And Innovation Centre Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 135.9%, this is a higher level of debt than the average (52.5%)

135.9% - 10x Tech And Innovation Centre Ltd

52.5% - Industry AVG

10X TECH AND INNOVATION CENTRE LTD financials

EXPORTms excel logo

10X Tech And Innovation Centre Ltd's latest turnover from July 2023 is estimated at £69.6 thousand and the company has net assets of -£8.6 thousand. According to their latest financial statements, 10X Tech And Innovation Centre Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2020
Turnover69,59173,714
Other Income Or Grants00
Cost Of Sales47,55851,515
Gross Profit22,03322,199
Admin Expenses30,62622,822
Operating Profit-8,593-623
Interest Payable00
Interest Receivable00
Pre-Tax Profit-8,593-623
Tax00
Profit After Tax-8,593-623
Dividends Paid00
Retained Profit-8,593-623
Employee Costs50,32742,473
Number Of Employees11
EBITDA*-8,593-623

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2020
Tangible Assets401952
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets401952
Stock & work in progress00
Trade Debtors23,52824,967
Group Debtors00
Misc Debtors00
Cash00
misc current assets05,188
total current assets23,52830,155
total assets23,92931,107
Bank overdraft00
Bank loan00
Trade Creditors 1,0220
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities01,730
total current liabilities1,0221,730
loans00
hp & lease commitments00
Accruals and Deferred Income1,5000
other liabilities30,00030,000
provisions00
total long term liabilities31,50030,000
total liabilities32,52231,730
net assets-8,593-623
total shareholders funds-8,593-623
Jul 2023Jul 2020
Operating Activities
Operating Profit-8,593-623
Depreciation00
Amortisation00
Tax00
Stock00
Debtors23,52824,967
Creditors1,0220
Accruals and Deferred Income1,5001,730
Deferred Taxes & Provisions00
Cash flow from operations-29,599-23,860
Investing Activities
capital expenditure-401-952
Change in Investments00
cash flow from investments-401-952
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities30,00030,000
share issue00
interest00
cash flow from financing30,00030,000
cash and cash equivalents
cash00
overdraft00
change in cash00

10x tech and innovation centre ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 10x tech and innovation centre ltd. Get real-time insights into 10x tech and innovation centre ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

10x Tech And Innovation Centre Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 10x tech and innovation centre ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SL3 area or any other competitors across 12 key performance metrics.

10x tech and innovation centre ltd Ownership

10X TECH AND INNOVATION CENTRE LTD group structure

10X Tech And Innovation Centre Ltd has no subsidiary companies.

Ultimate parent company

10X TECH AND INNOVATION CENTRE LTD

12085855

10X TECH AND INNOVATION CENTRE LTD Shareholders

shahryar khan momand 100%

10x tech and innovation centre ltd directors

10X Tech And Innovation Centre Ltd currently has 1 director, Mr Shahryar Momand serving since Jul 2019.

officercountryagestartendrole
Mr Shahryar Momand30 years Jul 2019- Director

P&L

July 2023

turnover

69.6k

0%

operating profit

-8.6k

0%

gross margin

31.7%

0%

turnover

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

Balance Sheet

July 2023

net assets

-8.6k

0%

total assets

23.9k

0%

cash

0

0%

net assets

Total assets minus all liabilities

10x tech and innovation centre ltd company details

company number

12085855

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

62012 - Business and domestic software development

85600 - Educational support activities

incorporation date

July 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

10x tuition ltd (January 2020)

accountant

-

auditor

-

address

3rd floor 470 london road, slough, SL3 8QY

Bank

-

Legal Advisor

-

10x tech and innovation centre 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 10x tech and innovation centre ltd.

10x tech and innovation centre ltd 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.

Click to start generating capital raising & share issue transactions for 10X TECH AND INNOVATION CENTRE LTD. This can take several minutes, an email will notify you when this has completed.

10x tech and innovation centre ltd Companies House Filings - See Documents

datedescriptionview/download