walsall society for the blind limited
walsall society for the blind limited Company Information
Company Number
03674948
Website
www.walsallblind.orgRegistered Address
hawley house 11 hatherton road, walsall, west midlands, WS1 1XS
Industry
Social work activities without accommodation for the elderly and disabled
Telephone
01922627683
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
walsall society for the blind limited Estimated Valuation
Pomanda estimates the enterprise value of WALSALL SOCIETY FOR THE BLIND LIMITED at £167.9k based on a Turnover of £341.6k and 0.49x industry multiple (adjusted for size and gross margin).
walsall society for the blind limited Estimated Valuation
Pomanda estimates the enterprise value of WALSALL SOCIETY FOR THE BLIND LIMITED at £0 based on an EBITDA of £-183.1k and a 3.68x industry multiple (adjusted for size and gross margin).
walsall society for the blind limited Estimated Valuation
Pomanda estimates the enterprise value of WALSALL SOCIETY FOR THE BLIND LIMITED at £7.2m based on Net Assets of £2.3m and 3.12x industry multiple (adjusted for liquidity).
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Walsall Society For The Blind Limited Overview
Walsall Society For The Blind Limited is a live company located in west midlands, WS1 1XS with a Companies House number of 03674948. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in November 1998, it's largest shareholder is unknown. Walsall Society For The Blind Limited is a mature, micro sized company, Pomanda has estimated its turnover at £341.6k with rapid growth in recent years.
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Walsall Society For The Blind Limited Health Check
Pomanda's financial health check has awarded Walsall Society For The Blind Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £341.6k, make it smaller than the average company (£500k)
£341.6k - Walsall Society For The Blind Limited
£500k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (2.6%)
32% - Walsall Society For The Blind Limited
2.6% - Industry AVG
Production
with a gross margin of 30.6%, this company has a comparable cost of product (30.6%)
30.6% - Walsall Society For The Blind Limited
30.6% - Industry AVG
Profitability
an operating margin of -53.6% make it less profitable than the average company (2.4%)
-53.6% - Walsall Society For The Blind Limited
2.4% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (17)
14 - Walsall Society For The Blind Limited
17 - Industry AVG
Pay Structure
on an average salary of £18.1k, the company has an equivalent pay structure (£19.8k)
£18.1k - Walsall Society For The Blind Limited
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £24.4k, this is less efficient (£28.9k)
£24.4k - Walsall Society For The Blind Limited
£28.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Walsall Society For The Blind Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (7 days)
4 days - Walsall Society For The Blind Limited
7 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (4 days)
1 days - Walsall Society For The Blind Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1131 weeks, this is more cash available to meet short term requirements (233 weeks)
1131 weeks - Walsall Society For The Blind Limited
233 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (12.8%)
0.6% - Walsall Society For The Blind Limited
12.8% - Industry AVG
WALSALL SOCIETY FOR THE BLIND LIMITED financials
Walsall Society For The Blind Limited's latest turnover from March 2023 is £341.6 thousand and the company has net assets of £2.3 million. According to their latest financial statements, Walsall Society For The Blind Limited has 14 employees and maintains cash reserves of £301 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 341,585 | 421,756 | 378,582 | 148,249 | 182,529 | 165,000 | 261,507 | 183,679 | 182,953 | 243,445 | 291,907 | 276,767 | 318,147 | 346,733 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -169,339 | 267,812 | 519,815 | -362,222 | 57,517 | -62,739 | 37,692 | -42,874 | -60,576 | -11,584 | -5,390 | -47,932 | -31,476 | 14,109 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -169,339 | 267,812 | 519,815 | -362,222 | 57,517 | -62,739 | 37,692 | -42,874 | -60,576 | -11,584 | -5,390 | -47,932 | -31,476 | 14,109 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -169,339 | 267,812 | 519,815 | -362,222 | 57,517 | -62,739 | 37,692 | -42,874 | -60,576 | -11,584 | -5,390 | -47,932 | -31,476 | 14,109 |
| Employee Costs | 254,067 | 187,209 | 179,607 | 189,407 | 180,059 | 174,121 | 175,327 | 180,251 | 188,373 | 207,186 | 245,825 | 251,803 | 272,257 | 257,059 |
| Number Of Employees | 14 | 12 | 14 | 15 | 13 | 14 | 14 | 13 | 15 | 17 | 18 | 21 | 22 | 22 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 53 | 78 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,021,932 | 2,145,131 | 2,051,132 | 1,637,800 | 1,995,749 | 1,933,703 | 2,095,258 | 1,852,478 | 1,980,379 | 1,905,115 | 1,800,164 | 1,586,807 | 1,567,640 | 1,486,153 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,021,934 | 2,145,133 | 2,051,134 | 1,637,802 | 1,995,751 | 1,933,705 | 2,095,260 | 1,852,480 | 1,980,381 | 1,905,118 | 1,800,167 | 1,586,810 | 1,567,693 | 1,486,231 |
| Stock & work in progress | 809 | 1,399 | 2,037 | 941 | 863 | 987 | 1,080 | 858 | 852 | 1,014 | 1,000 | 2,825 | 2,606 | 2,560 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 547 | 663 | 399 | 2,056 | 2,571 | 2,527 | 1,376 | 4,820 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,044 |
| Misc Debtors | 3,848 | 3,647 | 8,015 | 3,455 | 3,958 | 3,760 | 3,373 | 3,348 | 3,244 | 3,300 | 6,396 | 3,424 | 2,604 | 58,422 |
| Cash | 300,975 | 345,646 | 169,180 | 60,605 | 64,080 | 67,870 | 70,287 | 14,497 | 23,401 | 31,856 | 41,421 | 21,751 | 53,673 | 29,433 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 305,632 | 350,692 | 179,232 | 65,001 | 68,901 | 72,617 | 75,287 | 19,366 | 27,896 | 38,226 | 51,388 | 30,527 | 60,259 | 100,279 |
| total assets | 2,327,566 | 2,495,825 | 2,230,366 | 1,702,803 | 2,064,652 | 2,006,322 | 2,170,547 | 1,871,846 | 2,008,277 | 1,943,344 | 1,851,555 | 1,617,337 | 1,627,952 | 1,586,510 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,750 | 1,150 | 5,891 | 2,447 | 1,741 | 851 | 973 | 1,800 | 4,872 | 691 | 1,160 | 2,256 | 7,766 | 344 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 11,085 | 11,605 | 9,217 | 4,913 | 5,246 | 5,323 | 5,132 | 5,025 | 5,381 | 5,822 | 6,237 | 3,275 | 21,168 | 19,062 |
| total current liabilities | 13,835 | 12,755 | 15,108 | 7,360 | 6,987 | 6,174 | 6,105 | 6,825 | 10,253 | 6,513 | 7,397 | 5,531 | 28,934 | 19,406 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 13,835 | 12,755 | 15,108 | 7,360 | 6,987 | 6,174 | 6,105 | 6,825 | 10,253 | 6,513 | 7,397 | 5,531 | 28,934 | 19,406 |
| net assets | 2,313,731 | 2,483,070 | 2,215,258 | 1,695,443 | 2,057,665 | 2,000,148 | 2,164,442 | 1,865,021 | 1,998,024 | 1,936,831 | 1,844,158 | 1,611,806 | 1,599,018 | 1,567,104 |
| total shareholders funds | 2,313,731 | 2,483,070 | 2,215,258 | 1,695,443 | 2,057,665 | 2,000,148 | 2,164,442 | 1,865,021 | 1,998,024 | 1,936,831 | 1,844,158 | 1,611,806 | 1,599,018 | 1,567,104 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 25 | 4,842 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -590 | -638 | 1,096 | 78 | -124 | -93 | 222 | 6 | -162 | 14 | -1,825 | 219 | 46 | 2,560 |
| Debtors | 201 | -4,368 | 4,560 | -503 | 198 | -160 | -91 | 368 | -1,713 | -3,611 | 3,016 | 1,971 | -64,306 | 68,286 |
| Creditors | 1,600 | -4,741 | 3,444 | 706 | 890 | -122 | -827 | -3,072 | 4,181 | -469 | -1,096 | -5,510 | 7,422 | 344 |
| Accruals and Deferred Income | -520 | 2,388 | 4,304 | -333 | -77 | 191 | 107 | -356 | -441 | -415 | 2,962 | -17,893 | 2,106 | 19,062 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -123,199 | 93,999 | 413,332 | -357,949 | 62,046 | -161,555 | 242,780 | -127,901 | 75,264 | 104,951 | 213,357 | 19,167 | 81,487 | 1,486,153 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | -101,555 | 261,729 | -90,129 | 121,769 | 104,257 | 237,742 | 60,720 | 63,390 | 1,552,995 |
| cash and cash equivalents | ||||||||||||||
| cash | -44,671 | 176,466 | 108,575 | -3,475 | -3,790 | -2,417 | 55,790 | -8,904 | -8,455 | -9,565 | 19,670 | -31,922 | 24,240 | 29,433 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -44,671 | 176,466 | 108,575 | -3,475 | -3,790 | -2,417 | 55,790 | -8,904 | -8,455 | -9,565 | 19,670 | -31,922 | 24,240 | 29,433 |
walsall society for the blind limited Credit Report and Business Information
Walsall Society For The Blind Limited Competitor Analysis
Perform a competitor analysis for walsall society for the blind limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WS1 area or any other competitors across 12 key performance metrics.
walsall society for the blind limited Ownership
WALSALL SOCIETY FOR THE BLIND LIMITED group structure
Walsall Society For The Blind Limited has no subsidiary companies.
Ultimate parent company
WALSALL SOCIETY FOR THE BLIND LIMITED
03674948
walsall society for the blind limited directors
Walsall Society For The Blind Limited currently has 8 directors. The longest serving directors include Mr David Smith (Feb 1999) and Mr John Cooke (Feb 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Smith | United Kingdom | 75 years | Feb 1999 | - | Director |
| Mr John Cooke | United Kingdom | 76 years | Feb 1999 | - | Director |
| Mr Richard Meere | United Kingdom | 78 years | Feb 2000 | - | Director |
| Miss Julie Harris | 70 years | Nov 2009 | - | Director | |
| Mrs Elizabeth Smith | 75 years | Nov 2013 | - | Director | |
| Mr Kevin Merchant | 67 years | Jul 2016 | - | Director | |
| Ms Amara Ismail-El-Banna | United Kingdom | 34 years | Sep 2023 | - | Director |
| Mr Baljeet Siyan | United Kingdom | 45 years | Sep 2023 | - | Director |
P&L
March 2023turnover
341.6k
-19%
operating profit
-183.1k
0%
gross margin
30.6%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.3m
-0.07%
total assets
2.3m
-0.07%
cash
301k
-0.13%
net assets
Total assets minus all liabilities
walsall society for the blind limited company details
company number
03674948
Type
Private Ltd By Guarantee w/o Share Cap
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
November 1998
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
STANTON RALPH & CO LIMITED
auditor
-
address
hawley house 11 hatherton road, walsall, west midlands, WS1 1XS
Bank
HSBC BANK PLC
Legal Advisor
-
walsall society for the blind 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 did not find charges/mortgages relating to walsall society for the blind limited.
walsall society for the blind limited Companies House Filings - See Documents
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