axis vfx limited
axis vfx limited Company Information
Company Number
SC466154
Next Accounts
83 days late
Industry
Business and domestic software development
Shareholders
axis productions limited
davdrewdor limited
Group Structure
View All
Contact
Registered Address
5th floor, 130 st. vincent street, glasgow, G2 5HF
Website
www.axis-vfx.comaxis vfx limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS VFX LIMITED at £580k based on a Turnover of £920.7k and 0.63x industry multiple (adjusted for size and gross margin).
axis vfx limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS VFX LIMITED at £554k based on an EBITDA of £131.9k and a 4.2x industry multiple (adjusted for size and gross margin).
axis vfx limited Estimated Valuation
Pomanda estimates the enterprise value of AXIS VFX LIMITED at £0 based on Net Assets of £-98.6k and 2.31x industry multiple (adjusted for liquidity).
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Axis Vfx Limited Overview
Axis Vfx Limited is a live company located in glasgow, G2 5HF with a Companies House number of SC466154. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2013, it's largest shareholder is axis productions limited with a 60% stake. Axis Vfx Limited is a established, small sized company, Pomanda has estimated its turnover at £920.7k with healthy growth in recent years.
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Axis Vfx Limited Health Check
Pomanda's financial health check has awarded Axis Vfx Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £920.7k, make it smaller than the average company (£2.6m)
- Axis Vfx Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.9%)
- Axis Vfx Limited
6.9% - Industry AVG
Production
with a gross margin of 42.7%, this company has a higher cost of product (73.4%)
- Axis Vfx Limited
73.4% - Industry AVG
Profitability
an operating margin of -9.9% make it less profitable than the average company (4.3%)
- Axis Vfx Limited
4.3% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (26)
23 - Axis Vfx Limited
26 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
- Axis Vfx Limited
£63k - Industry AVG
Efficiency
resulting in sales per employee of £40k, this is less efficient (£105.5k)
- Axis Vfx Limited
£105.5k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (61 days)
- Axis Vfx Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (49 days)
- Axis Vfx Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Axis Vfx Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (20 weeks)
7 weeks - Axis Vfx Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.4%, this is a higher level of debt than the average (61%)
111.4% - Axis Vfx Limited
61% - Industry AVG
AXIS VFX LIMITED financials
Axis Vfx Limited's latest turnover from November 2022 is estimated at £920.7 thousand and the company has net assets of -£98.6 thousand. According to their latest financial statements, Axis Vfx Limited has 23 employees and maintains cash reserves of £116 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 23 | 24 | 18 | 20 | 17 | 7 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 293,456 | 453,764 | 347,256 | 527,470 | 607,123 | 312,561 | 70,305 | 38,485 | 29,830 |
| Intangible Assets | 92,837 | 74,140 | 31,787 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 386,293 | 527,904 | 379,043 | 527,470 | 607,123 | 312,561 | 70,305 | 38,485 | 29,830 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 196,965 | 290,838 | 205,104 | 166,194 | 1,108,691 | 668,056 | 273,107 | 138,299 | 64,194 |
| Group Debtors | 0 | 0 | 0 | 370,649 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 169,270 | 215,953 | 201,604 | 59,756 | 206,466 | 374,196 | 0 | 0 | 0 |
| Cash | 115,990 | 408,068 | 136,601 | 368,647 | 1,158,876 | 266,690 | 229,461 | 42,907 | 55,161 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 482,225 | 914,859 | 543,309 | 965,246 | 2,474,033 | 1,308,942 | 502,568 | 181,206 | 119,355 |
| total assets | 868,518 | 1,442,763 | 922,352 | 1,492,716 | 3,081,156 | 1,621,503 | 572,873 | 219,691 | 149,185 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 83,503 | 12,969 | 162,411 | 31,055 | 188,309 | 165,544 | 526,828 | 186,584 | 123,491 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 261,088 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 110,547 | 99,565 | 50,780 | 0 | 0 | 0 |
| other current liabilities | 671,141 | 1,174,131 | 464,346 | 340,591 | 1,510,973 | 692,550 | 0 | 0 | 0 |
| total current liabilities | 804,644 | 1,237,100 | 626,757 | 482,193 | 2,059,935 | 908,874 | 526,828 | 186,584 | 123,491 |
| loans | 162,500 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 23,962 | 135,990 | 52,667 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 16,665 | 37,957 | 33,272 | 9,101 | 4,591 | 4,591 | 5,966 |
| total long term liabilities | 162,500 | 200,000 | 16,665 | 61,919 | 169,262 | 61,768 | 4,591 | 4,591 | 5,966 |
| total liabilities | 967,144 | 1,437,100 | 643,422 | 544,112 | 2,229,197 | 970,642 | 531,419 | 191,175 | 129,457 |
| net assets | -98,626 | 5,663 | 278,930 | 948,604 | 851,959 | 650,861 | 41,454 | 28,516 | 19,728 |
| total shareholders funds | -98,626 | 5,663 | 278,930 | 948,604 | 851,959 | 650,861 | 41,454 | 28,516 | 19,728 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 196,760 | 190,350 | 167,011 | 212,324 | 74,197 | 38,291 | 10,728 | 5,479 | 5,376 |
| Amortisation | 26,484 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -140,556 | 100,083 | -189,891 | -718,558 | 272,905 | 769,145 | 134,808 | 74,105 | 64,194 |
| Creditors | 70,534 | -149,442 | 131,356 | -157,254 | 22,765 | -361,284 | 340,244 | 63,093 | 123,491 |
| Accruals and Deferred Income | -502,990 | 709,785 | 123,755 | -1,170,382 | 818,423 | 692,550 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -16,665 | -21,292 | 4,685 | 24,171 | 4,510 | 0 | -1,375 | 5,966 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -261,088 | 261,088 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -37,500 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -134,509 | -101,046 | 132,108 | 103,447 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -292,078 | 271,467 | -232,046 | -790,229 | 892,186 | 37,229 | 186,554 | -12,254 | 55,161 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -292,078 | 271,467 | -232,046 | -790,229 | 892,186 | 37,229 | 186,554 | -12,254 | 55,161 |
axis vfx limited Credit Report and Business Information
Axis Vfx Limited Competitor Analysis
Perform a competitor analysis for axis vfx limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in G 2 area or any other competitors across 12 key performance metrics.
axis vfx limited Ownership
AXIS VFX LIMITED group structure
Axis Vfx Limited has no subsidiary companies.
axis vfx limited directors
Axis Vfx Limited currently has 4 directors. The longest serving directors include Mr Richard Scott (Dec 2013) and Mr Dan Dorian (Dec 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Scott | 53 years | Dec 2013 | - | Director | |
| Mr Dan Dorian | 77 years | Dec 2013 | - | Director | |
| Ms Nerys Davies | 51 years | Jul 2020 | - | Director | |
| Mr Nicholas Drew | 51 years | Aug 2022 | - | Director |
P&L
November 2022turnover
920.7k
-15%
operating profit
-91.3k
0%
gross margin
42.8%
-2.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-98.6k
-18.42%
total assets
868.5k
-0.4%
cash
116k
-0.72%
net assets
Total assets minus all liabilities
axis vfx limited company details
company number
SC466154
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2013
age
11
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
5th floor, 130 st. vincent street, glasgow, G2 5HF
Bank
-
Legal Advisor
-
axis vfx 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 1 charges/mortgages relating to axis vfx limited. Currently there are 1 open charges and 0 have been satisfied in the past.
axis vfx limited Companies House Filings - See Documents
| date | description | view/download |
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