Pomanda estimates the enterprise value of XLR8 FINTECH LTD at £172.7k based on a Turnover of £297.9k and 0.58x industry multiple (adjusted for size and gross margin).
xlr8 fintech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of XLR8 FINTECH LTD at £0 based on an EBITDA of £-742.4k and a 2.45x industry multiple (adjusted for size and gross margin).
xlr8 fintech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of XLR8 FINTECH LTD at £0 based on Net Assets of £-258.6k and 2.41x industry multiple (adjusted for liquidity).
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Xlr8 Fintech LtdOverview
Xlr8 Fintech Ltd is a live company located in watford, WD25 9XX with a Companies House number of 13243404. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2021, it's largest shareholder is
nikunj vyas
with a 76% stake. Xlr8 Fintech Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£297.9k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Xlr8 Fintech Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £297.9k, make it smaller than the average company (£12.7m)
£297.9k - Xlr8 Fintech Ltd
£12.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Xlr8 Fintech Ltd
- - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (38.7%)
18.3% - Xlr8 Fintech Ltd
38.7% - Industry AVG
Profitability
an operating margin of -249.2% make it less profitable than the average company (4.5%)
-249.2% - Xlr8 Fintech Ltd
4.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (54)
2 - Xlr8 Fintech Ltd
54 - Industry AVG
Pay Structure
on an average salary of £62.4k, the company has an equivalent pay structure (£62.4k)
£62.4k - Xlr8 Fintech Ltd
£62.4k - Industry AVG
Efficiency
resulting in sales per employee of £148.9k, this is less efficient (£227.3k)
£148.9k - Xlr8 Fintech Ltd
£227.3k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (40 days)
21 days - Xlr8 Fintech Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 414 days, this is slower than average (43 days)
414 days - Xlr8 Fintech Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Xlr8 Fintech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Xlr8 Fintech Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1549.3%, this is a higher level of debt than the average (63.7%)
1549.3% - Xlr8 Fintech Ltd
63.7% - Industry AVG
XLR8 FINTECH LTD financials
EXPORT
Xlr8 Fintech Ltd's latest turnover from March 2024 is estimated at £297.9 thousand and the company has net assets of -£258.6 thousand. According to their latest financial statements, Xlr8 Fintech Ltd has 2 employees and maintains cash reserves of £100 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
297,881
115,689
90,136
Other Income Or Grants
Cost Of Sales
243,514
93,601
74,139
Gross Profit
54,367
22,089
15,997
Admin Expenses
796,761
34,329
16,008
Operating Profit
-742,394
-12,240
-11
Interest Payable
Interest Receivable
5
66
11
Pre-Tax Profit
-742,389
-12,174
Tax
Profit After Tax
-742,389
-12,174
Dividends Paid
Retained Profit
-742,389
-12,174
Employee Costs
124,813
61,170
57,438
Number Of Employees
2
1
1
EBITDA*
-742,394
-12,240
-11
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
17,741
25,352
20,602
Group Debtors
Misc Debtors
Cash
100
100
2,998
misc current assets
total current assets
17,841
25,452
23,600
total assets
17,841
25,452
23,600
Bank overdraft
Bank loan
Trade Creditors
276,404
37,526
23,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
276,404
37,526
23,500
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
276,404
37,526
23,500
net assets
-258,563
-12,074
100
total shareholders funds
-258,563
-12,074
100
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-742,394
-12,240
-11
Depreciation
Amortisation
Tax
Stock
Debtors
-7,611
4,750
20,602
Creditors
238,878
14,026
23,500
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-495,905
-2,964
2,887
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
495,900
100
interest
5
66
11
cash flow from financing
495,905
66
111
cash and cash equivalents
cash
-2,898
2,998
overdraft
change in cash
-2,898
2,998
xlr8 fintech 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 xlr8 fintech ltd. Get real-time insights into xlr8 fintech ltd's credit score, group structure and payment trends.
Perform a competitor analysis for xlr8 fintech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WD25 area or any other competitors across 12 key performance metrics.
xlr8 fintech ltd Ownership
XLR8 FINTECH LTD group structure
Xlr8 Fintech Ltd has no subsidiary companies.
Ultimate parent company
XLR8 FINTECH LTD
13243404
XLR8 FINTECH LTD Shareholders
The largest shareholders in Xlr8 Fintech Ltd include Nikunj Vyas and Enigmasoft Technologies Private Limited.
nikunj vyas
76%
enigmasoft technologies private limited
24%
xlr8 fintech ltd directors
Xlr8 Fintech Ltd currently has 1 director, Mr Nikunj Vyas serving since Mar 2021.
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 xlr8 fintech ltd.
xlr8 fintech 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.
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xlr8 fintech ltdCompanies House Filings - See Documents
