wexas limited
wexas limited Company Information
Company Number
01820489
Next Accounts
Sep 2025
Shareholders
rivers (holdings) limited
mark nicholas leal wilson
View AllGroup Structure
View All
Industry
Travel agency activities
+1Registered Address
runway east borough market, 20 st. thomas street, london, SE1 9RS
Website
www.wexas.comwexas limited Estimated Valuation
Pomanda estimates the enterprise value of WEXAS LIMITED at £28.5m based on a Turnover of £19m and 1.5x industry multiple (adjusted for size and gross margin).
wexas limited Estimated Valuation
Pomanda estimates the enterprise value of WEXAS LIMITED at £4.1m based on an EBITDA of £563.3k and a 7.31x industry multiple (adjusted for size and gross margin).
wexas limited Estimated Valuation
Pomanda estimates the enterprise value of WEXAS LIMITED at £10.9m based on Net Assets of £5.5m and 1.97x industry multiple (adjusted for liquidity).
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Wexas Limited Overview
Wexas Limited is a live company located in london, SE1 9RS with a Companies House number of 01820489. It operates in the travel agency activities sector, SIC Code 79110. Founded in May 1984, it's largest shareholder is rivers (holdings) limited with a 100% stake. Wexas Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19m with rapid growth in recent years.
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Wexas Limited Health Check
Pomanda's financial health check has awarded Wexas Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £19m, make it larger than the average company (£13.4m)
£19m - Wexas Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (15.8%)
47% - Wexas Limited
15.8% - Industry AVG
Production
with a gross margin of 30.7%, this company has a lower cost of product (22.6%)
30.7% - Wexas Limited
22.6% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.3%)
2.4% - Wexas Limited
3.3% - Industry AVG
Employees
with 57 employees, this is above the industry average (35)
57 - Wexas Limited
35 - Industry AVG
Pay Structure
on an average salary of £51.2k, the company has an equivalent pay structure (£43.7k)
£51.2k - Wexas Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £332.9k, this is equally as efficient (£360.9k)
£332.9k - Wexas Limited
£360.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (17 days)
6 days - Wexas Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (24 days)
1 days - Wexas Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (2 days)
0 days - Wexas Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (22 weeks)
32 weeks - Wexas Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.2%, this is a lower level of debt than the average (79.8%)
60.2% - Wexas Limited
79.8% - Industry AVG
WEXAS LIMITED financials
Wexas Limited's latest turnover from December 2023 is £19 million and the company has net assets of £5.5 million. According to their latest financial statements, Wexas Limited has 57 employees and maintains cash reserves of £4.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,972,602 | 15,704,875 | 3,659,693 | 5,949,066 | 21,675,303 | 20,318,323 | 18,420,515 | 17,838,113 | 19,438,121 | 17,279,955 | 18,013,936 | 17,193,105 | 20,885,040 | 25,837,243 | 21,515,241 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 13,150,621 | 10,345,965 | 2,165,649 | 3,751,997 | 13,927,067 | 12,657,911 | 11,250,880 | 11,107,702 | 13,337,473 | 11,445,297 | 11,882,586 | 9,827,460 | 13,361,542 | 18,962,998 | 15,597,065 |
| Gross Profit | 5,821,981 | 5,358,910 | 1,494,044 | 2,197,069 | 7,748,236 | 7,660,412 | 7,169,635 | 6,730,411 | 6,100,648 | 5,834,658 | 6,131,350 | 7,365,645 | 7,523,498 | 6,874,245 | 5,918,176 |
| Admin Expenses | 5,360,745 | 4,717,886 | 2,838,250 | 3,987,363 | 7,305,473 | 7,049,543 | 6,624,571 | 6,524,501 | 6,026,269 | 5,765,220 | 6,641,523 | 7,024,982 | 7,438,772 | 6,667,363 | 5,701,738 |
| Operating Profit | 461,236 | 641,024 | -1,344,206 | -1,790,294 | 442,763 | 610,869 | 545,064 | 205,910 | 74,379 | 69,438 | -510,173 | 340,663 | 84,726 | 206,882 | 216,438 |
| Interest Payable | 74,258 | 30,548 | 25,404 | 694 | 530 | 3,183 | 6,911 | 10,353 | 35,488 | 11,445 | 6,655 | ||||
| Interest Receivable | 90,251 | 7,869 | 310 | 5,625 | 14,447 | 6,318 | 1,356 | 1,175 | 1,402 | 1,528 | 454 | 396 | 1,757 | 21,992 | 42,839 |
| Pre-Tax Profit | 1,316,783 | 618,345 | -1,369,300 | -1,785,363 | 457,210 | 617,187 | 546,420 | 207,085 | 75,251 | 67,590 | 176,805 | 330,706 | 50,995 | 217,429 | 252,622 |
| Tax | 45,151 | -24,351 | 238,965 | 41,667 | -16,015 | 48,016 | -74,973 | 38,827 | 59,938 | -19,852 | 153,946 | -81,817 | -16,456 | -43,018 | -71,488 |
| Profit After Tax | 1,361,934 | 593,994 | -1,130,335 | -1,743,696 | 441,195 | 665,203 | 471,447 | 245,912 | 135,189 | 47,738 | 330,751 | 248,889 | 34,539 | 174,411 | 181,134 |
| Dividends Paid | 34,000 | 10,000 | 5,000 | 96,110 | 101,250 | 135,000 | 106,550 | 73,800 | 36,500 | 40,000 | 35,999 | 35,000 | 885,000 | ||
| Retained Profit | 1,327,934 | 583,994 | -1,135,335 | -1,839,806 | 339,945 | 530,203 | 364,897 | 172,112 | 98,689 | 7,738 | 294,752 | 248,889 | -461 | -710,589 | 181,134 |
| Employee Costs | 2,919,273 | 2,832,898 | 2,290,699 | 3,041,239 | 4,347,949 | 4,238,740 | 3,960,544 | 4,044,752 | 3,672,088 | 3,604,248 | 3,774,487 | 4,195,423 | 4,429,788 | 4,146,965 | 3,695,999 |
| Number Of Employees | 57 | 62 | 61 | 96 | 106 | 109 | 105 | 107 | 107 | 102 | 110 | 122 | 133 | 127 | 110 |
| EBITDA* | 563,276 | 761,042 | -1,212,190 | -1,619,122 | 693,336 | 875,531 | 819,113 | 660,483 | 390,071 | 393,051 | -119,967 | 705,250 | 480,490 | 500,253 | 424,376 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 117,701 | 159,152 | 265,607 | 390,013 | 431,695 | 349,374 | 399,500 | 404,985 | 432,276 | 491,019 | 632,653 | 7,201,115 | 7,343,653 | 6,115,489 | 5,343,420 |
| Intangible Assets | 43,399 | 182,278 | 321,156 | 460,035 | 598,914 | 737,793 | 876,672 | 1,101,298 | 1,244,357 | 1,379,565 | 1 | ||||
| Investments & Other | 1,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 117,701 | 159,152 | 265,607 | 390,013 | 475,094 | 531,652 | 720,656 | 865,020 | 1,031,190 | 1,228,812 | 1,510,325 | 8,302,413 | 8,588,010 | 7,495,054 | 5,343,421 |
| Stock & work in progress | 15,460 | 12,706 | 36,082 | 38,756 | 3,212 | 24,683 | 59,125 | 5,002 | 49,522 | 55,522 | 73,854 | 65,970 | 75,527 | 85,936 | 96,652 |
| Trade Debtors | 323,839 | 712,785 | 270,112 | 127,972 | 1,192,067 | 1,176,254 | 1,406,879 | 1,360,934 | 802,770 | 669,913 | 650,983 | 1,209,613 | 1,354,239 | 632,349 | 475,091 |
| Group Debtors | 5,093,402 | 5,159,514 | 5,134,716 | 5,134,962 | 5,090,840 | 4,990,429 | 4,925,355 | 4,885,783 | 4,833,500 | 4,775,821 | 4,715,559 | ||||
| Misc Debtors | 3,426,415 | 3,027,697 | 2,927,195 | 2,334,466 | 3,570,140 | 3,512,881 | 3,576,956 | 3,402,212 | 3,187,749 | 3,370,969 | 3,359,298 | 3,297,713 | 3,723,459 | 931,005 | 883,098 |
| Cash | 4,902,809 | 4,832,451 | 3,662,498 | 3,168,339 | 5,730,435 | 4,694,859 | 4,016,296 | 2,160,109 | 1,457,316 | 1,159,513 | 891,029 | 222,829 | 142,924 | 428,787 | 284,464 |
| misc current assets | 300,000 | 1,397,545 | |||||||||||||
| total current assets | 13,761,925 | 13,745,153 | 12,030,603 | 10,804,495 | 15,586,694 | 14,399,106 | 13,984,611 | 11,814,040 | 10,330,857 | 10,031,738 | 9,690,723 | 4,796,125 | 5,296,149 | 2,378,077 | 3,136,850 |
| total assets | 13,879,626 | 13,904,305 | 12,296,210 | 11,194,508 | 16,061,788 | 14,930,758 | 14,705,267 | 12,679,060 | 11,362,047 | 11,260,550 | 11,201,048 | 13,098,538 | 13,884,159 | 9,873,131 | 8,480,271 |
| Bank overdraft | 212,158 | ||||||||||||||
| Bank loan | 260,000 | 260,000 | 130,000 | 185,480 | 217,509 | ||||||||||
| Trade Creditors | 66,422 | 443,308 | 598,538 | 612,397 | 563,010 | 517,949 | 287,263 | 314,274 | 1,257,858 | 914,499 | 1,120,148 | 1,181,513 | 1,355,683 | 3,206,083 | 2,829,946 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 6,634 | 40,495 | |||||||||||||
| other current liabilities | 7,633,760 | 8,141,737 | 6,754,208 | 5,752,642 | 8,716,266 | 8,170,630 | 8,617,739 | 6,940,367 | 4,825,063 | 5,110,598 | 5,009,146 | 4,999,176 | 5,620,793 | 891,705 | 491,774 |
| total current liabilities | 7,960,182 | 8,845,045 | 7,482,746 | 6,365,039 | 9,279,276 | 8,688,579 | 8,905,002 | 7,254,641 | 6,082,921 | 6,031,731 | 6,169,789 | 6,366,169 | 7,193,985 | 4,309,946 | 3,321,720 |
| loans | 400,000 | 910,000 | 1,170,000 | 185,480 | 403,001 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 226,117 | 274,499 | 78,043 | ||||||||||||
| other liabilities | 15,590 | 99,826 | 217,901 | 14,999 | 65,851 | 100,579 | 6,634 | ||||||||
| provisions | 15,956 | 17,673 | 38,887 | 39,266 | 19,086 | ||||||||||
| total long term liabilities | 400,000 | 910,000 | 1,185,590 | 99,826 | 217,901 | 14,999 | 81,807 | 100,579 | 226,117 | 274,499 | 84,677 | 17,673 | 224,367 | 442,267 | 19,086 |
| total liabilities | 8,360,182 | 9,755,045 | 8,668,336 | 6,464,865 | 9,497,177 | 8,703,578 | 8,986,809 | 7,355,220 | 6,309,038 | 6,306,230 | 6,254,466 | 6,383,842 | 7,418,352 | 4,752,213 | 3,340,806 |
| net assets | 5,519,444 | 4,149,260 | 3,627,874 | 4,729,643 | 6,564,611 | 6,227,180 | 5,718,458 | 5,323,840 | 5,053,009 | 4,954,320 | 4,946,582 | 6,714,696 | 6,465,807 | 5,120,918 | 5,139,465 |
| total shareholders funds | 5,519,444 | 4,149,260 | 3,627,874 | 4,729,643 | 6,564,611 | 6,227,180 | 5,718,458 | 5,323,840 | 5,053,009 | 4,954,320 | 4,946,582 | 6,714,696 | 6,465,807 | 5,120,918 | 5,139,465 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 461,236 | 641,024 | -1,344,206 | -1,790,294 | 442,763 | 610,869 | 545,064 | 205,910 | 74,379 | 69,438 | -510,173 | 340,663 | 84,726 | 206,882 | 216,438 |
| Depreciation | 102,040 | 120,018 | 132,016 | 127,773 | 111,694 | 125,783 | 135,170 | 315,694 | 176,813 | 184,734 | 239,634 | 213,432 | 246,656 | 207,361 | 207,938 |
| Amortisation | 43,399 | 138,879 | 138,879 | 138,879 | 138,879 | 138,879 | 138,879 | 150,572 | 151,155 | 149,108 | 86,010 | ||||
| Tax | 45,151 | -24,351 | 238,965 | 41,667 | -16,015 | 48,016 | -74,973 | 38,827 | 59,938 | -19,852 | 153,946 | -81,817 | -16,456 | -43,018 | -71,488 |
| Stock | 2,754 | -23,376 | -2,674 | 35,544 | -21,471 | -34,442 | 54,123 | -44,520 | -6,000 | -18,332 | 7,884 | -9,557 | -10,409 | -10,716 | 96,652 |
| Debtors | -56,340 | 567,973 | 734,623 | -2,255,647 | 173,483 | -229,626 | 260,261 | 824,910 | 7,316 | 90,863 | 4,218,514 | -570,372 | 3,514,344 | 205,165 | 1,358,189 |
| Creditors | -376,886 | -155,230 | -13,859 | 49,387 | 45,061 | 230,686 | -27,011 | -943,584 | 343,359 | -205,649 | -61,365 | -174,170 | -1,850,400 | 376,137 | 2,829,946 |
| Accruals and Deferred Income | -507,977 | 1,387,529 | 1,001,566 | -2,963,624 | 545,636 | -447,109 | 1,677,372 | 1,889,187 | -333,917 | 297,908 | 88,013 | -621,617 | 4,729,088 | 399,931 | 491,774 |
| Deferred Taxes & Provisions | -15,956 | 15,956 | -17,673 | -21,214 | -379 | 20,180 | 19,086 | ||||||||
| Cash flow from operations | -222,850 | 1,424,393 | -717,467 | -2,271,589 | 1,116,006 | 955,236 | 2,096,073 | 864,523 | 458,135 | 392,927 | -4,183,444 | 386,361 | -161,592 | 1,059,034 | 2,238,853 |
| Investing Activities | |||||||||||||||
| capital expenditure | -75,637 | -146,651 | -107,879 | -42,484 | -426,239 | -78,990 | -353,558 | -1,232,211 | |||||||
| Change in Investments | -1,000 | 1,000 | |||||||||||||
| cash flow from investments | -75,637 | -146,651 | -107,879 | -41,484 | -427,239 | -78,990 | -353,558 | -1,232,211 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | 130,000 | 130,000 | -185,480 | -32,029 | 217,509 | ||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -510,000 | -260,000 | 1,170,000 | -185,480 | -217,521 | 403,001 | |||||||||
| Hire Purchase and Lease Commitments | -6,634 | -33,861 | 40,495 | ||||||||||||
| other long term liabilities | -15,590 | -84,236 | -118,075 | 202,902 | -50,852 | -34,728 | 100,579 | -6,634 | 6,634 | ||||||
| share issue | |||||||||||||||
| interest | 15,993 | -22,679 | -25,094 | 4,931 | 14,447 | 6,318 | 1,356 | 1,175 | 872 | -1,655 | -6,457 | -9,957 | -33,731 | 10,547 | 36,184 |
| cash flow from financing | -451,757 | -230,877 | 1,224,236 | -108,306 | 214,835 | -66,015 | -3,651 | 200,473 | -5,762 | -42,150 | -2,207,674 | -227,466 | 1,311,607 | 1,105,590 | 4,994,515 |
| cash and cash equivalents | |||||||||||||||
| cash | 70,358 | 1,169,953 | 494,159 | -2,562,096 | 1,035,576 | 678,563 | 1,856,187 | 702,793 | 297,803 | 268,484 | 668,200 | 79,905 | -285,863 | 144,323 | 284,464 |
| overdraft | -212,158 | 212,158 | |||||||||||||
| change in cash | 70,358 | 1,169,953 | 494,159 | -2,562,096 | 1,035,576 | 678,563 | 1,856,187 | 702,793 | 297,803 | 268,484 | 668,200 | 79,905 | -73,705 | -67,835 | 284,464 |
wexas limited Credit Report and Business Information
Wexas Limited Competitor Analysis
Perform a competitor analysis for wexas limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
wexas limited Ownership
WEXAS LIMITED group structure
Wexas Limited has no subsidiary companies.
Ultimate parent company
RIVERS (HOLDINGS) LTD
#0090552
1 parent
WEXAS LIMITED
01820489
wexas limited directors
Wexas Limited currently has 3 directors. The longest serving directors include Mr Mark Wilson (May 1996) and Ms Jacqueline Wilson (Sep 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Wilson | England | 50 years | May 1996 | - | Director |
| Ms Jacqueline Wilson | England | 46 years | Sep 1998 | - | Director |
| Ms Katherine Gershon | England | 52 years | Oct 2014 | - | Director |
P&L
December 2023turnover
19m
+21%
operating profit
461.2k
-28%
gross margin
30.7%
-10.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.5m
+0.33%
total assets
13.9m
0%
cash
4.9m
+0.01%
net assets
Total assets minus all liabilities
wexas limited company details
company number
01820489
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
79120 - Tour operator activities
incorporation date
May 1984
age
41
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WHITE HART ASSOCIATES (LONDON) LIMITED
address
runway east borough market, 20 st. thomas street, london, SE1 9RS
Bank
-
Legal Advisor
-
wexas 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 22 charges/mortgages relating to wexas limited. Currently there are 1 open charges and 21 have been satisfied in the past.
wexas 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 WEXAS LIMITED. This can take several minutes, an email will notify you when this has completed.
wexas limited Companies House Filings - See Documents
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