kixx franchising limited

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kixx franchising limited Company Information

Share KIXX FRANCHISING LIMITED

Company Number

13530711

Shareholders

katie hunter

benjamin arthur hunter

Group Structure

View All

Industry

Sports and recreation education

 

Registered Address

fitzwilliam house middle bank, doncaster, DN4 5NG

kixx franchising limited Estimated Valuation

£788.4k

Pomanda estimates the enterprise value of KIXX FRANCHISING LIMITED at £788.4k based on a Turnover of £823.2k and 0.96x industry multiple (adjusted for size and gross margin).

kixx franchising limited Estimated Valuation

£0

Pomanda estimates the enterprise value of KIXX FRANCHISING LIMITED at £0 based on an EBITDA of £-21.9k and a 5.21x industry multiple (adjusted for size and gross margin).

kixx franchising limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of KIXX FRANCHISING LIMITED at £1.5m based on Net Assets of £375.1k and 3.95x industry multiple (adjusted for liquidity).

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Kixx Franchising Limited Overview

Kixx Franchising Limited is a live company located in doncaster, DN4 5NG with a Companies House number of 13530711. It operates in the sports and recreation education sector, SIC Code 85510. Founded in July 2021, it's largest shareholder is katie hunter with a 50% stake. Kixx Franchising Limited is a startup, small sized company, Pomanda has estimated its turnover at £823.2k with unknown growth in recent years.

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Kixx Franchising Limited Health Check

Pomanda's financial health check has awarded Kixx Franchising Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £823.2k, make it larger than the average company (£232.2k)

£823.2k - Kixx Franchising Limited

£232.2k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Kixx Franchising Limited

- - Industry AVG

production

Production

with a gross margin of 58.9%, this company has a comparable cost of product (58.9%)

58.9% - Kixx Franchising Limited

58.9% - Industry AVG

profitability

Profitability

an operating margin of -4.4% make it less profitable than the average company (2.6%)

-4.4% - Kixx Franchising Limited

2.6% - Industry AVG

employees

Employees

with 12 employees, this is above the industry average (7)

12 - Kixx Franchising Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)

£20.7k - Kixx Franchising Limited

£20.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.6k, this is more efficient (£43.2k)

£68.6k - Kixx Franchising Limited

£43.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is later than average (16 days)

31 days - Kixx Franchising Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (19 days)

9 days - Kixx Franchising Limited

19 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (10 days)

2 days - Kixx Franchising Limited

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 60 weeks, this is less cash available to meet short term requirements (99 weeks)

60 weeks - Kixx Franchising Limited

99 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.6%, this is a higher level of debt than the average (32.9%)

44.6% - Kixx Franchising Limited

32.9% - Industry AVG

KIXX FRANCHISING LIMITED financials

EXPORTms excel logo

Kixx Franchising Limited's latest turnover from March 2024 is estimated at £823.2 thousand and the company has net assets of £375.1 thousand. According to their latest financial statements, Kixx Franchising Limited has 12 employees and maintains cash reserves of £304.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022
Turnover823,151880,1371,424,904
Other Income Or Grants
Cost Of Sales338,487306,427471,968
Gross Profit484,664573,710952,936
Admin Expenses521,008280,380767,744
Operating Profit-36,344293,330185,192
Interest Payable
Interest Receivable15,2209,924718
Pre-Tax Profit-21,124303,254185,910
Tax-57,618-35,323
Profit After Tax-21,124245,636150,587
Dividends Paid
Retained Profit-21,124245,636150,587
Employee Costs248,719234,355174,975
Number Of Employees12129
EBITDA*-21,882307,792185,212

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022
Tangible Assets42,74357,205953
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets42,74357,205953
Stock & work in progress2,51544,73323,534
Trade Debtors70,57174,923134,139
Group Debtors
Misc Debtors257,534238,54310,482
Cash304,122275,683191,348
misc current assets
total current assets634,742633,882359,503
total assets677,485691,087360,456
Bank overdraft
Bank loan
Trade Creditors 8,35410,8349,985
Group/Directors Accounts
other short term finances
hp & lease commitments6,5256,525
other current liabilities244,962225,686199,702
total current liabilities259,841243,045209,687
loans
hp & lease commitments34,42340,948
Accruals and Deferred Income
other liabilities
provisions8,12110,869181
total long term liabilities42,54451,817181
total liabilities302,385294,862209,868
net assets375,100396,225150,588
total shareholders funds375,100396,225150,588
Mar 2024Mar 2023Mar 2022
Operating Activities
Operating Profit-36,344293,330185,192
Depreciation14,46214,46220
Amortisation
Tax-57,618-35,323
Stock-42,21821,19923,534
Debtors14,639168,845144,621
Creditors-2,4808499,985
Accruals and Deferred Income19,27625,984199,702
Deferred Taxes & Provisions-2,74810,688181
Cash flow from operations19,74597,651191,602
Investing Activities
capital expenditure-70,714-973
Change in Investments
cash flow from investments-70,714-973
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-6,52547,473
other long term liabilities
share issue-111
interest15,2209,924718
cash flow from financing8,69457,398719
cash and cash equivalents
cash28,43984,335191,348
overdraft
change in cash28,43984,335191,348

kixx franchising limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Kixx Franchising Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kixx franchising limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in DN4 area or any other competitors across 12 key performance metrics.

kixx franchising limited Ownership

KIXX FRANCHISING LIMITED group structure

Kixx Franchising Limited has no subsidiary companies.

Ultimate parent company

KIXX FRANCHISING LIMITED

13530711

KIXX FRANCHISING LIMITED Shareholders

katie hunter 50%
benjamin arthur hunter 50%

kixx franchising limited directors

Kixx Franchising Limited currently has 1 director, Mr Benjamin Hunter serving since Jul 2021.

officercountryagestartendrole
Mr Benjamin HunterEngland39 years Jul 2021- Director

P&L

March 2024

turnover

823.2k

-6%

operating profit

-36.3k

0%

gross margin

58.9%

-9.67%

turnover

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

Balance Sheet

March 2024

net assets

375.1k

-0.05%

total assets

677.5k

-0.02%

cash

304.1k

+0.1%

net assets

Total assets minus all liabilities

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kixx franchising limited company details

company number

13530711

Type

Private limited with Share Capital

industry

85510 - Sports and recreation education

incorporation date

July 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

fitzwilliam house middle bank, doncaster, DN4 5NG

Bank

-

Legal Advisor

-

kixx franchising 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 did not find charges/mortgages relating to kixx franchising limited.

kixx franchising limited 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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kixx franchising limited Companies House Filings - See Documents

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