wardrobe place limited
wardrobe place limited Company Information
Company Number
00483257
Next Accounts
Dec 2025
Shareholders
globalgem hotels limited
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
lion house, 72-75 red lion street, london, WC1R 4NA
Website
https://www.warnsord.co.ukwardrobe place limited Estimated Valuation
Pomanda estimates the enterprise value of WARDROBE PLACE LIMITED at £1.3m based on a Turnover of £310.7k and 4.17x industry multiple (adjusted for size and gross margin).
wardrobe place limited Estimated Valuation
Pomanda estimates the enterprise value of WARDROBE PLACE LIMITED at £0 based on an EBITDA of £-7.2k and a 7.24x industry multiple (adjusted for size and gross margin).
wardrobe place limited Estimated Valuation
Pomanda estimates the enterprise value of WARDROBE PLACE LIMITED at £0 based on Net Assets of £-2.2m and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wardrobe Place Limited Overview
Wardrobe Place Limited is a live company located in london, WC1R 4NA with a Companies House number of 00483257. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in June 1950, it's largest shareholder is globalgem hotels limited with a 100% stake. Wardrobe Place Limited is a mature, micro sized company, Pomanda has estimated its turnover at £310.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wardrobe Place Limited Health Check
Pomanda's financial health check has awarded Wardrobe Place Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £310.7k, make it smaller than the average company (£1.5m)
- Wardrobe Place Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (5.4%)
- Wardrobe Place Limited
5.4% - Industry AVG
Production
with a gross margin of 62.2%, this company has a comparable cost of product (62.2%)
- Wardrobe Place Limited
62.2% - Industry AVG
Profitability
an operating margin of -12.7% make it less profitable than the average company (14.1%)
- Wardrobe Place Limited
14.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Wardrobe Place Limited
7 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Wardrobe Place Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £155.3k, this is equally as efficient (£155.3k)
- Wardrobe Place Limited
£155.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wardrobe Place Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wardrobe Place Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wardrobe Place Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)
2 weeks - Wardrobe Place Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1088%, this is a higher level of debt than the average (71.6%)
1088% - Wardrobe Place Limited
71.6% - Industry AVG
WARDROBE PLACE LIMITED financials
Wardrobe Place Limited's latest turnover from March 2024 is estimated at £310.7 thousand and the company has net assets of -£2.2 million. According to their latest financial statements, Wardrobe Place Limited has 2 employees and maintains cash reserves of £133.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,053,855 | 3,228,976 | 3,348,572 | 3,388,018 | 3,353,072 | 3,344,487 | 3,104,167 | 2,970,926 | 2,170,465 | 2,795,251 | 1,252,645 | 1,972,777 | 1,965,440 | |||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 2,720,625 | 534,917 | 545,362 | 359,920 | 363,772 | 283,981 | 123,475 | -2,035,769 | 2,095,574 | 2,717,049 | 1,382,642 | 1,861,836 | 1,854,917 | |||
| Gross Profit | -666,770 | 2,694,059 | 2,803,210 | 3,028,098 | 2,989,300 | 3,060,506 | 2,980,692 | 5,006,695 | 74,891 | 78,202 | -129,997 | 110,941 | 110,523 | |||
| Admin Expenses | 654,693 | 593,846 | 616,273 | 562,992 | 811,579 | 724,332 | 10 | 989 | 39,417 | 72,840 | 66,529 | |||||
| Operating Profit | -666,770 | 2,039,366 | 2,209,364 | 2,411,825 | 2,426,308 | 2,248,927 | 2,256,360 | 5,006,685 | 74,891 | 77,213 | -169,414 | 38,101 | 43,994 | |||
| Interest Payable | 1,098,166 | 1,172,986 | 1,244,652 | 1,313,298 | 1,379,050 | 1,442,032 | 1,502,360 | 9 | 15 | |||||||
| Interest Receivable | 60 | 217 | 7 | 5,620 | 8,524 | 13,275 | ||||||||||
| Pre-Tax Profit | -3,603,307 | -668,480 | -436,990 | -227,291 | -220,898 | -400,647 | -1,838,364 | 74,021 | 75,108 | 77,220 | -163,803 | 46,610 | 57,269 | |||
| Tax | -2,944 | -13,051 | -16,398 | |||||||||||||
| Profit After Tax | -3,603,307 | -668,480 | -436,990 | -227,291 | -220,898 | -400,647 | -1,838,364 | 74,021 | 75,108 | 77,220 | -166,747 | 33,559 | 40,871 | |||
| Dividends Paid | ||||||||||||||||
| Retained Profit | -3,603,307 | -668,480 | -436,990 | -227,291 | -220,898 | -400,647 | -1,838,364 | 74,021 | 75,108 | 77,220 | -166,747 | 33,559 | 40,871 | |||
| Employee Costs | ||||||||||||||||
| Number Of Employees | 2 | 2 | 5 | 7 | 4 | |||||||||||
| EBITDA* | -666,770 | 2,039,366 | 2,209,364 | 2,411,825 | 2,426,308 | 2,248,927 | 2,256,360 | 5,006,685 | 74,891 | 77,213 | -169,414 | 38,101 | 43,994 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 85,095 | 117,369 | 149,585 | |||||||||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | 357 | 23,183,052 | 24,958,318 | 26,658,764 | 28,287,544 | 29,847,678 | 31,342,060 | 32,773,459 | 57,558,693 | 405,847 | 423,772 | 447,672 | 459,622 | 483,522 | ||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 85,095 | 117,369 | 149,942 | 23,183,052 | 24,958,318 | 26,658,764 | 28,287,544 | 29,847,678 | 31,342,060 | 32,773,459 | 57,558,693 | 405,847 | 423,772 | 447,672 | 459,622 | 483,522 |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 16,856 | 185,065 | 63,237 | 17,139 | 41,936 | 8,256 | 2,700 | |||||||||
| Group Debtors | 2 | 3,113,655 | 3,435,542 | 4,023,916 | 3,745,208 | 793,895 | 702,841 | 646,980 | 849,056 | 840,586 | ||||||
| Misc Debtors | 5,391 | 7,338 | 158,725 | 77,883 | 258,640 | 139,848 | 578,051 | 461,783 | 343,395 | 147,411 | 742,081 | 853 | ||||
| Cash | 133,768 | 133,908 | 10 | 10 | 10 | 10 | 10 | |||||||||
| misc current assets | 11,660 | |||||||||||||||
| total current assets | 139,159 | 141,246 | 175,581 | 274,608 | 321,879 | 156,987 | 619,987 | 3,575,438 | 3,778,937 | 4,179,583 | 4,489,989 | 793,905 | 702,851 | 646,990 | 849,919 | 840,596 |
| total assets | 224,254 | 258,615 | 325,523 | 23,457,660 | 25,280,197 | 26,815,751 | 28,907,531 | 33,423,116 | 35,120,997 | 36,953,042 | 62,048,682 | 1,199,752 | 1,126,623 | 1,094,662 | 1,309,541 | 1,324,118 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 206,305 | 63,110 | 7,060 | |||||||||||||
| Group/Directors Accounts | 2,390,279 | 2,394,398 | 1,998,044 | 6,844,304 | 3,272,119 | 2,374,321 | 2,463,507 | 5,191,667 | 5,191,668 | 5,191,667 | 3,663,709 | |||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 29,259 | 18,936 | 80,426 | 1 | 16,150 | 17,466 | 17,400 | 17,400 | 381,947 | 440,433 | 431,547 | 452,906 | 53,366 | 53,702 | ||
| total current liabilities | 2,419,538 | 2,413,334 | 2,284,775 | 6,844,305 | 3,288,269 | 2,454,897 | 2,480,907 | 5,209,067 | 5,191,668 | 5,191,667 | 4,045,656 | 447,493 | 431,547 | 452,906 | 53,366 | 53,702 |
| loans | ||||||||||||||||
| hp & lease commitments | 23,183,052 | 24,958,318 | 26,658,764 | 28,287,544 | 29,847,678 | 31,342,060 | 32,773,459 | 57,176,746 | ||||||||
| Accruals and Deferred Income | 435,722 | 459,622 | ||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | 20,302 | 28,385 | ||||||||||||||
| total long term liabilities | 20,302 | 28,385 | 23,183,052 | 24,958,318 | 26,658,764 | 28,287,544 | 29,847,678 | 31,342,060 | 32,773,459 | 57,176,746 | 435,722 | 459,622 | ||||
| total liabilities | 2,439,840 | 2,441,719 | 2,284,775 | 30,027,357 | 28,246,587 | 29,113,661 | 30,768,451 | 35,056,745 | 36,533,728 | 37,965,126 | 61,222,402 | 447,493 | 431,547 | 452,906 | 489,088 | 513,324 |
| net assets | -2,215,586 | -2,183,104 | -1,959,252 | -6,569,697 | -2,966,390 | -2,297,910 | -1,860,920 | -1,633,629 | -1,412,731 | -1,012,084 | 826,280 | 752,259 | 695,076 | 641,756 | 820,453 | 810,794 |
| total shareholders funds | -2,215,586 | -2,183,104 | -1,959,252 | -6,569,697 | -2,966,390 | -2,297,910 | -1,860,920 | -1,633,629 | -1,412,731 | -1,012,084 | 826,280 | 752,259 | 695,076 | 641,756 | 820,453 | 810,794 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jun 2012 | Jun 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | -666,770 | 2,039,366 | 2,209,364 | 2,411,825 | 2,426,308 | 2,248,927 | 2,256,360 | 5,006,685 | 74,891 | 77,213 | -169,414 | 38,101 | 43,994 | |||
| Depreciation | 32,274 | 32,216 | ||||||||||||||
| Amortisation | ||||||||||||||||
| Tax | -2,944 | -13,051 | -16,398 | |||||||||||||
| Stock | ||||||||||||||||
| Debtors | -1,947 | -168,243 | -87,367 | -58,931 | 164,892 | -463,000 | -2,955,451 | -203,499 | -400,646 | -310,406 | 3,696,094 | 91,054 | 55,861 | -202,929 | 9,323 | 840,586 |
| Creditors | -206,305 | 206,305 | -63,110 | 63,110 | -7,060 | 7,060 | ||||||||||
| Accruals and Deferred Income | 10,323 | -61,490 | 80,425 | -16,149 | -1,316 | 66 | 17,400 | -381,947 | -58,486 | 8,886 | -21,359 | -36,182 | -24,236 | 513,324 | ||
| Deferred Taxes & Provisions | -8,083 | 28,385 | ||||||||||||||
| Cash flow from operations | -623,988 | 1,810,048 | 2,735,540 | 5,367,276 | 2,647,207 | 2,649,573 | 2,184,819 | 1,245,045 | -217 | -7 | -5,611 | -8,509 | -299,666 | |||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | -357 | -23,182,695 | -1,775,266 | -1,700,446 | -1,628,780 | -1,560,134 | -1,494,382 | -1,431,399 | -24,785,234 | 57,152,846 | -17,925 | -23,900 | -11,950 | -23,900 | 483,522 | |
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -4,119 | 396,354 | -4,846,260 | 3,572,185 | 897,798 | -89,186 | -2,728,160 | -1 | 1 | 1,527,958 | 3,663,709 | |||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | -23,183,052 | -1,775,266 | -1,700,446 | -1,628,780 | -1,560,134 | -1,494,382 | -1,431,399 | -24,403,287 | 57,176,746 | |||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | -1,098,166 | -1,172,986 | -1,244,652 | -1,313,298 | -1,379,050 | -1,442,032 | -1,502,360 | 60 | 217 | 7 | 5,611 | 8,509 | 13,275 | |||
| cash flow from financing | 698,753 | -1,975,634 | -2,962,618 | -5,601,592 | -2,873,433 | -2,873,430 | -24,377,689 | 60,840,515 | -17,708 | -23,893 | -6,339 | -15,391 | 783,198 | |||
| cash and cash equivalents | ||||||||||||||||
| cash | -140 | 133,908 | -10 | 10 | ||||||||||||
| overdraft | ||||||||||||||||
| change in cash | -140 | 133,908 | -10 | 10 |
wardrobe place limited Credit Report and Business Information
Wardrobe Place Limited Competitor Analysis
Perform a competitor analysis for wardrobe place limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WC1R area or any other competitors across 12 key performance metrics.
wardrobe place limited Ownership
WARDROBE PLACE LIMITED group structure
Wardrobe Place Limited has no subsidiary companies.
Ultimate parent company
2 parents
WARDROBE PLACE LIMITED
00483257
wardrobe place limited directors
Wardrobe Place Limited currently has 3 directors. The longest serving directors include Mr Rajeshpal Matharu (Aug 2021) and Mr Harpal Matharu (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajeshpal Matharu | England | 67 years | Aug 2021 | - | Director |
| Mr Harpal Matharu | England | 68 years | Aug 2021 | - | Director |
| Mr Harpal Matharu | United Kingdom | 68 years | Aug 2021 | - | Director |
P&L
March 2024turnover
310.7k
+6%
operating profit
-39.5k
0%
gross margin
62.3%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.2m
+0.01%
total assets
224.3k
-0.13%
cash
133.8k
0%
net assets
Total assets minus all liabilities
wardrobe place limited company details
company number
00483257
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
June 1950
age
75
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
cumber properties limited (December 1998)
accountant
-
auditor
SHENWARD (LONDON) LIMITED
address
lion house, 72-75 red lion street, london, WC1R 4NA
Bank
-
Legal Advisor
-
wardrobe place 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 2 charges/mortgages relating to wardrobe place limited. Currently there are 1 open charges and 1 have been satisfied in the past.
wardrobe place 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 WARDROBE PLACE LIMITED. This can take several minutes, an email will notify you when this has completed.
wardrobe place limited Companies House Filings - See Documents
| date | description | view/download |
|---|
