wade furniture group investments limited
wade furniture group investments limited Company Information
Company Number
00233553
Registered Address
estate office ravenstone hall, ashby road, ravenstone, leicestershire, LE67 2AA
Industry
Combined office administrative service activities
Telephone
01706902009
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
wade furniture group ltd 100%
wade furniture group investments limited Estimated Valuation
Pomanda estimates the enterprise value of WADE FURNITURE GROUP INVESTMENTS LIMITED at £131.3k based on a Turnover of £332.5k and 0.39x industry multiple (adjusted for size and gross margin).
wade furniture group investments limited Estimated Valuation
Pomanda estimates the enterprise value of WADE FURNITURE GROUP INVESTMENTS LIMITED at £0 based on an EBITDA of £-97.9k and a 3.15x industry multiple (adjusted for size and gross margin).
wade furniture group investments limited Estimated Valuation
Pomanda estimates the enterprise value of WADE FURNITURE GROUP INVESTMENTS LIMITED at £2.3m based on Net Assets of £4.3m and 0.54x industry multiple (adjusted for liquidity).
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Wade Furniture Group Investments Limited Overview
Wade Furniture Group Investments Limited is a live company located in ravenstone, LE67 2AA with a Companies House number of 00233553. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in September 1928, it's largest shareholder is wade furniture group ltd with a 100% stake. Wade Furniture Group Investments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £332.5k with high growth in recent years.
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Wade Furniture Group Investments Limited Health Check
Pomanda's financial health check has awarded Wade Furniture Group Investments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £332.5k, make it smaller than the average company (£1.2m)
£332.5k - Wade Furniture Group Investments Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.6%)
20% - Wade Furniture Group Investments Limited
5.6% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)
45.4% - Wade Furniture Group Investments Limited
45.4% - Industry AVG
Profitability
an operating margin of -29.4% make it less profitable than the average company (2.6%)
-29.4% - Wade Furniture Group Investments Limited
2.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Wade Furniture Group Investments Limited
13 - Industry AVG
Pay Structure
on an average salary of £82.5k, the company has a higher pay structure (£36.6k)
£82.5k - Wade Furniture Group Investments Limited
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.5k, this is less efficient (£91.9k)
£66.5k - Wade Furniture Group Investments Limited
£91.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
0 days - Wade Furniture Group Investments Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wade Furniture Group Investments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wade Furniture Group Investments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (24 weeks)
2 weeks - Wade Furniture Group Investments Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.8%, this is a lower level of debt than the average (52.5%)
25.8% - Wade Furniture Group Investments Limited
52.5% - Industry AVG
WADE FURNITURE GROUP INVESTMENTS LIMITED financials
Wade Furniture Group Investments Limited's latest turnover from October 2023 is £332.5 thousand and the company has net assets of £4.3 million. According to their latest financial statements, Wade Furniture Group Investments Limited has 5 employees and maintains cash reserves of £85 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 332,460 | 272,526 | 175,200 | 194,100 | 198,800 | 344,000 | 851,700 | 992,300 | 1,058,100 | 1,091,181 | 1,185,848 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -234,855 | -244,303 | -278,532 | -193,487 | -206,090 | -154,331 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 2,000 | 3,000 | 4,000 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -94,171 | 563,740 | -54,758 | -116,889 | -157,640 | -234,855 | -244,303 | -283,532 | -195,487 | -209,090 | -158,331 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 44,500 | 47,700 | 57,000 | 40,100 | 51,408 | 31,720 | ||||
| Profit After Tax | -94,171 | 563,740 | -54,758 | -116,889 | -157,640 | -190,355 | -196,603 | -226,532 | -155,387 | -157,682 | -126,611 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -94,171 | 563,740 | -54,758 | -116,889 | -157,640 | -190,355 | -196,603 | -226,532 | -155,387 | -157,682 | -126,611 | ||||
| Employee Costs | 412,548 | 331,236 | 253,623 | 295,603 | 338,026 | 528,938 | 971,884 | 1,244,462 | 1,221,393 | 1,262,182 | 1,292,869 | ||||
| Number Of Employees | 5 | 4 | 4 | 5 | 5 | 8 | 12 | 14 | 17 | 17 | 17 | ||||
| EBITDA* | -234,855 | -244,303 | -278,532 | -193,487 | -206,090 | -154,331 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,800,061 | 5,794,289 | 5,919,945 | 5,804,529 |
| Group Debtors | 5,771,000 | 5,790,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 5,771,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 37,303 | 0 | 0 | 45,305 | 48,070 | 71,780 | 59,834 | 60,842 | 49,461 | 0 | 0 | 0 | 0 |
| Cash | 84,991 | 62,315 | 72,385 | 18,183 | 18,940 | 5,306 | 2,533 | 8,131 | 0 | 0 | 53,560 | 3,514 | 2,282 | 978 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,856,409 | 5,852,315 | 5,880,688 | 5,789,183 | 5,789,940 | 5,821,611 | 5,821,603 | 5,850,911 | 5,830,834 | 5,831,842 | 5,874,021 | 5,803,575 | 5,796,571 | 5,920,923 | 5,804,529 |
| total assets | 5,856,409 | 5,852,315 | 5,880,688 | 5,789,183 | 5,789,940 | 5,821,611 | 5,821,603 | 5,850,911 | 5,830,834 | 5,831,842 | 5,874,021 | 5,803,575 | 5,796,571 | 5,920,923 | 5,804,529 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,944 | 6,208 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 542,418 | 486,831 | 1,672,366 | 1,220,110 |
| Group/Directors Accounts | 1,472,007 | 1,376,615 | 1,968,360 | 1,825,394 | 1,704,465 | 1,570,192 | 1,326,837 | 1,076,517 | 805,989 | 637,130 | 554,671 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 36,133 | 33,260 | 33,628 | 30,331 | 35,128 | 43,432 | 96,424 | 179,449 | 187,424 | 211,640 | 184,804 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,508,140 | 1,409,875 | 2,001,988 | 1,855,725 | 1,739,593 | 1,613,624 | 1,423,261 | 1,255,966 | 1,009,357 | 854,978 | 739,475 | 542,418 | 486,831 | 1,672,366 | 1,220,110 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,508,140 | 1,409,875 | 2,001,988 | 1,855,725 | 1,739,593 | 1,613,624 | 1,423,261 | 1,255,966 | 1,009,357 | 854,978 | 739,475 | 542,418 | 486,831 | 1,672,366 | 1,220,110 |
| net assets | 4,348,269 | 4,442,440 | 3,878,700 | 3,933,458 | 4,050,347 | 4,207,987 | 4,398,342 | 4,594,945 | 4,821,477 | 4,976,864 | 5,134,546 | 5,261,157 | 5,309,740 | 4,248,557 | 4,584,419 |
| total shareholders funds | 4,348,269 | 4,442,440 | 3,878,700 | 3,933,458 | 4,050,347 | 4,207,987 | 4,398,342 | 4,594,945 | 4,821,477 | 4,976,864 | 5,134,546 | 5,261,157 | 5,309,740 | 4,248,557 | 4,584,419 |
| Oct 2023 | Oct 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Oct 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Oct 2011 | Oct 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -234,855 | -244,303 | -278,532 | -193,487 | -206,090 | -154,331 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 44,500 | 47,700 | 57,000 | 40,100 | 51,408 | 31,720 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -18,582 | -18,303 | 37,303 | 0 | -45,305 | -2,765 | -23,710 | 11,946 | -1,008 | 11,381 | 20,400 | 5,772 | -125,656 | 115,416 | 5,804,529 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -542,418 | 55,587 | -1,185,535 | 452,256 | 1,220,110 |
| Accruals and Deferred Income | 2,873 | -368 | 3,297 | -4,797 | -8,304 | -52,992 | -83,025 | -7,975 | -24,216 | 26,836 | 184,804 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -240,582 | -255,918 | -241,453 | -176,595 | -139,227 | -500,625 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 95,392 | -591,745 | 142,966 | 120,929 | 134,273 | 243,355 | 250,320 | 270,528 | 168,859 | 82,459 | 554,671 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,000 | -2,000 | -3,000 | -4,000 | ||||
| cash flow from financing | 95,392 | -591,745 | 142,966 | 120,929 | 134,273 | 243,355 | 250,320 | 265,528 | 166,859 | 79,459 | 550,671 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 22,676 | -10,070 | 54,202 | -757 | 13,634 | 2,773 | -5,598 | 8,131 | 0 | -53,560 | 50,046 | 1,232 | 1,304 | 978 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,944 | 9,736 | 6,208 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 22,676 | -10,070 | 54,202 | -757 | 13,634 | 2,773 | -5,598 | 24,075 | -9,736 | -59,768 | 50,046 | 1,232 | 1,304 | 978 | 0 |
wade furniture group investments limited Credit Report and Business Information
Wade Furniture Group Investments Limited Competitor Analysis
Perform a competitor analysis for wade furniture group investments limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE67 area or any other competitors across 12 key performance metrics.
wade furniture group investments limited Ownership
WADE FURNITURE GROUP INVESTMENTS LIMITED group structure
Wade Furniture Group Investments Limited has 5 subsidiary companies.
Ultimate parent company
2 parents
WADE FURNITURE GROUP INVESTMENTS LIMITED
00233553
5 subsidiaries
wade furniture group investments limited directors
Wade Furniture Group Investments Limited currently has 2 directors. The longest serving directors include Mr John Higton (Jun 1991) and Mr Daniel Wade (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Higton | 78 years | Jun 1991 | - | Director | |
| Mr Daniel Wade | 47 years | Apr 2018 | - | Director |
P&L
October 2023turnover
332.5k
+22%
operating profit
-97.9k
0%
gross margin
45.4%
-0.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4.3m
-0.02%
total assets
5.9m
0%
cash
85k
+0.36%
net assets
Total assets minus all liabilities
wade furniture group investments limited company details
company number
00233553
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
September 1928
age
96
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
james lupton & sons limited (December 1997)
last accounts submitted
October 2023
address
estate office ravenstone hall, ashby road, ravenstone, leicestershire, LE67 2AA
accountant
-
auditor
MABE ALLEN LLP
wade furniture group investments 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 wade furniture group investments limited. Currently there are 6 open charges and 1 have been satisfied in the past.
wade furniture group investments limited Companies House Filings - See Documents
| date | description | view/download |
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