Pomanda estimates the enterprise value of XLTEC SOLUTIONS LIMITED at £1.6m based on a Turnover of £4.1m and 0.39x industry multiple (adjusted for size and gross margin).
xltec solutions limitedEstimated Valuation
£350.6k
Pomanda estimates the enterprise value of XLTEC SOLUTIONS LIMITED at £350.6k based on an EBITDA of £125.4k and a 2.8x industry multiple (adjusted for size and gross margin).
xltec solutions limitedEstimated Valuation
£210.2k
Pomanda estimates the enterprise value of XLTEC SOLUTIONS LIMITED at £210.2k based on Net Assets of £88.8k and 2.37x industry multiple (adjusted for liquidity).
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Xltec Solutions LimitedOverview
Xltec Solutions Limited is a dissolved company that was located in glasgow, G2 5HF with a Companies House number of SC282793. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2005, it's largest shareholder was
mr kevin benedict moore
with a 49% stake. The last turnover for Xltec Solutions Limited was estimated at £4.1m.
Pomanda's financial health check has awarded Xltec Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £4.1m, make it larger than the average company (£1.4m)
£4.1m - Xltec Solutions Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.1%)
24% - Xltec Solutions Limited
4.1% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (35.5%)
16.7% - Xltec Solutions Limited
35.5% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (7.3%)
2.2% - Xltec Solutions Limited
7.3% - Industry AVG
Employees
with 13 employees, this is below the industry average (30)
13 - Xltec Solutions Limited
30 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
£37.3k - Xltec Solutions Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £314.5k, this is more efficient (£135k)
£314.5k - Xltec Solutions Limited
£135k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (41 days)
79 days - Xltec Solutions Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 156 days, this is slower than average (34 days)
156 days - Xltec Solutions Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (28 days)
15 days - Xltec Solutions Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Xltec Solutions Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (71.4%)
95.3% - Xltec Solutions Limited
71.4% - Industry AVG
XLTEC SOLUTIONS LIMITED financials
EXPORT
Xltec Solutions Limited's latest turnover from April 2013 is estimated at £4.1 million and the company has net assets of £88.8 thousand. According to their latest financial statements, we estimate that Xltec Solutions Limited has 13 employees and maintains cash reserves of £35 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
4,087,904
2,197,550
2,095,894
2,168,936
Other Income Or Grants
Cost Of Sales
3,404,926
1,813,702
1,710,895
1,746,878
Gross Profit
682,979
383,848
384,999
422,058
Admin Expenses
593,794
449,807
307,407
382,680
Operating Profit
89,185
-65,959
77,592
39,378
Interest Payable
Interest Receivable
88
96
96
Pre-Tax Profit
89,273
-65,863
77,688
39,378
Tax
-20,533
-20,199
-11,026
Profit After Tax
68,740
-65,863
57,489
28,352
Dividends Paid
Retained Profit
68,740
-65,863
57,489
28,352
Employee Costs
484,916
260,633
254,597
286,517
Number Of Employees
13
7
7
8
EBITDA*
125,352
-30,913
103,902
63,780
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
600,001
583,185
85,308
111,119
Intangible Assets
1,500
2,000
2,500
3,000
Investments & Other
233,000
233,000
233,000
Debtors (Due After 1 year)
Total Fixed Assets
834,501
818,185
320,808
114,119
Stock & work in progress
147,244
60,764
54,422
153,425
Trade Debtors
889,585
430,194
506,747
562,163
Group Debtors
Misc Debtors
Cash
35,013
38,273
misc current assets
total current assets
1,071,842
490,958
599,442
715,588
total assets
1,906,343
1,309,143
920,250
829,707
Bank overdraft
Bank loan
Trade Creditors
1,456,689
998,664
827,638
793,917
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,456,689
998,664
827,638
793,917
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
353,034
282,599
provisions
7,798
7,798
6,667
7,334
total long term liabilities
360,832
290,397
6,667
7,334
total liabilities
1,817,521
1,289,061
834,305
801,251
net assets
88,822
20,082
85,945
28,456
total shareholders funds
88,822
20,082
85,945
28,456
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
89,185
-65,959
77,592
39,378
Depreciation
35,667
34,546
25,810
23,902
Amortisation
500
500
500
500
Tax
-20,533
-20,199
-11,026
Stock
86,480
6,342
-99,003
153,425
Debtors
459,391
-76,553
-55,416
562,163
Creditors
458,025
171,026
33,721
793,917
Accruals and Deferred Income
Deferred Taxes & Provisions
1,131
-667
7,334
Cash flow from operations
16,973
211,455
271,176
138,417
Investing Activities
capital expenditure
-52,483
-532,423
1
-138,521
Change in Investments
233,000
cash flow from investments
-52,483
-532,423
-232,999
-138,521
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
70,435
282,599
share issue
104
interest
88
96
96
cash flow from financing
70,523
282,695
96
104
cash and cash equivalents
cash
35,013
-38,273
38,273
overdraft
change in cash
35,013
-38,273
38,273
xltec solutions limited 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 xltec solutions limited. Get real-time insights into xltec solutions limited's credit score, group structure and payment trends.
Perform a competitor analysis for xltec solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in G 2 area or any other competitors across 12 key performance metrics.
xltec solutions limited Ownership
XLTEC SOLUTIONS LIMITED group structure
Xltec Solutions Limited has no subsidiary companies.
Ultimate parent company
XLTEC SOLUTIONS LIMITED
SC282793
XLTEC SOLUTIONS LIMITED Shareholders
The largest shareholders in Xltec Solutions Limited include Mr Kevin Benedict Moore and Mr Vincent Andrew Moore.
mr kevin benedict moore
49.04%
mr vincent andrew moore
49.04%
mr andrew taylor
0.96%
mrs helen moore
0.96%
xltec solutions limited directors
Xltec Solutions Limited currently has 2 directors.
The longest serving directors include
Mr Kevin Moore (Apr 2005) and
Mr Vincent Moore (Jan 2007).
82990 - Other business support service activities n.e.c.
incorporation date
April 2005
age
20
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Small
last accounts submitted
April 2013
previous names
N/A
accountant
-
auditor
-
address
c/o interpath ltd, 5th floor 130 st vincent street, glasgow, G2 5HF
Bank
-
Legal Advisor
-
xltec solutions 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 7 charges/mortgages relating to xltec solutions limited. Currently there are 1 open charges and 6 have been satisfied in the past.
xltec solutions 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.
Click to start generating capital raising & share issue transactions for XLTEC SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
xltec solutions limitedCompanies House Filings - See Documents
