ixi labs ltd
ixi labs ltd Company Information
Company Number
13299510
Next Accounts
Dec 2025
Directors
Shareholders
damir rekic
marko arh-tadic
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
suite 99, milton keynes business centre, milton keynes, MK14 6GD
Website
ixilabs.co.ukixi labs ltd Estimated Valuation
Pomanda estimates the enterprise value of IXI LABS LTD at £2.5k based on a Turnover of £3k and 0.84x industry multiple (adjusted for size and gross margin).
ixi labs ltd Estimated Valuation
Pomanda estimates the enterprise value of IXI LABS LTD at £0 based on an EBITDA of £-1.8k and a 5.14x industry multiple (adjusted for size and gross margin).
ixi labs ltd Estimated Valuation
Pomanda estimates the enterprise value of IXI LABS LTD at £0 based on Net Assets of £-6.4k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ixi Labs Ltd Overview
Ixi Labs Ltd is a live company located in milton keynes, MK14 6GD with a Companies House number of 13299510. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2021, it's largest shareholder is damir rekic with a 41.6% stake. Ixi Labs Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £3k with unknown growth in recent years.
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Ixi Labs Ltd Health Check
Pomanda's financial health check has awarded Ixi Labs Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £3k, make it smaller than the average company (£3.7m)
- Ixi Labs Ltd
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ixi Labs Ltd
- - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Ixi Labs Ltd
72.1% - Industry AVG
Profitability
an operating margin of -61.3% make it less profitable than the average company (3.9%)
- Ixi Labs Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Ixi Labs Ltd
33 - Industry AVG
Pay Structure
on an average salary of £67.9k, the company has an equivalent pay structure (£67.9k)
- Ixi Labs Ltd
£67.9k - Industry AVG
Efficiency
resulting in sales per employee of £3k, this is less efficient (£118.5k)
- Ixi Labs Ltd
£118.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ixi Labs Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 507 days, this is slower than average (39 days)
- Ixi Labs Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ixi Labs Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Ixi Labs Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1782.2%, this is a higher level of debt than the average (59%)
1782.2% - Ixi Labs Ltd
59% - Industry AVG
IXI LABS LTD financials
Ixi Labs Ltd's latest turnover from March 2024 is estimated at £3 thousand and the company has net assets of -£6.4 thousand. According to their latest financial statements, we estimate that Ixi Labs Ltd has 1 employee and maintains cash reserves of £56 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* 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 | |||
| Group Debtors | |||
| Misc Debtors | 325 | 1,024 | 461 |
| Cash | 56 | 460 | |
| misc current assets | |||
| total current assets | 381 | 1,484 | 461 |
| total assets | 381 | 1,484 | 461 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,168 | 2,172 | 2,190 |
| Group/Directors Accounts | 3,895 | 3,895 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 1,727 | ||
| total current liabilities | 6,790 | 6,067 | 2,190 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 6,790 | 6,067 | 2,190 |
| net assets | -6,409 | -4,583 | -1,729 |
| total shareholders funds | -6,409 | -4,583 | -1,729 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -699 | 563 | 461 |
| Creditors | -1,004 | -18 | 2,190 |
| Accruals and Deferred Income | 1,727 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 3,895 | ||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -404 | 460 | |
| overdraft | |||
| change in cash | -404 | 460 |
ixi labs ltd Credit Report and Business Information
Ixi Labs Ltd Competitor Analysis
Perform a competitor analysis for ixi labs ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK14 area or any other competitors across 12 key performance metrics.
ixi labs ltd Ownership
IXI LABS LTD group structure
Ixi Labs Ltd has no subsidiary companies.
Ultimate parent company
IXI LABS LTD
13299510
ixi labs ltd directors
Ixi Labs Ltd currently has 1 director, Mr Luis Novella serving since Mar 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luis Novella | United Kingdom | 51 years | Mar 2021 | - | Director |
P&L
March 2024turnover
3k
-36%
operating profit
-1.8k
0%
gross margin
72.1%
+0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-6.4k
+0.4%
total assets
381
-0.74%
cash
56
-0.88%
net assets
Total assets minus all liabilities
Similar Companies
ixi labs ltd company details
company number
13299510
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ARTH LIMITED
auditor
-
address
suite 99, milton keynes business centre, milton keynes, MK14 6GD
Bank
-
Legal Advisor
-
ixi labs 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 ixi labs ltd.
ixi labs 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 IXI LABS LTD. This can take several minutes, an email will notify you when this has completed.
ixi labs ltd Companies House Filings - See Documents
| date | description | view/download |
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