Pomanda estimates the enterprise value of WATER DIRECT LIMITED at £13.3m based on a Turnover of £18.6m and 0.72x industry multiple (adjusted for size and gross margin).
water direct limitedEstimated Valuation
£23.6m
Pomanda estimates the enterprise value of WATER DIRECT LIMITED at £23.6m based on an EBITDA of £4.6m and a 5.13x industry multiple (adjusted for size and gross margin).
water direct limitedEstimated Valuation
£29.4m
Pomanda estimates the enterprise value of WATER DIRECT LIMITED at £29.4m based on Net Assets of £12.4m and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Water Direct LimitedOverview
Water Direct Limited is a live company located in colchester, CO6 2NS with a Companies House number of 03806395. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1999, it's largest shareholder is
soris acquisition ltd
with a 100% stake. Water Direct Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£18.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Water Direct Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
3 Regular
1 Weak
Size
annual sales of £18.6m, make it larger than the average company (£4.3m)
£18.6m - Water Direct Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (9.1%)
23% - Water Direct Limited
9.1% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.6%)
37.1% - Water Direct Limited
37.6% - Industry AVG
Profitability
an operating margin of 21.1% make it more profitable than the average company (5.5%)
21.1% - Water Direct Limited
5.5% - Industry AVG
Employees
with 84 employees, this is above the industry average (25)
84 - Water Direct Limited
25 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£50.6k)
£54.8k - Water Direct Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £221k, this is more efficient (£155.5k)
£221k - Water Direct Limited
£155.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (38 days)
35 days - Water Direct Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (32 days)
20 days - Water Direct Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (29 days)
15 days - Water Direct Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is more cash available to meet short term requirements (23 weeks)
46 weeks - Water Direct Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (60.4%)
29.9% - Water Direct Limited
60.4% - Industry AVG
WATER DIRECT LIMITED financials
EXPORT
Water Direct Limited's latest turnover from April 2024 is £18.6 million and the company has net assets of £12.4 million. According to their latest financial statements, Water Direct Limited has 84 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
18,561,382
25,488,685
11,563,078
10,006,134
7,825,123
10,330,645
10,052,329
4,072,430
1,970,729
6,570,803
3,304,178
2,700,757
3,516,938
3,313,879
Other Income Or Grants
Cost Of Sales
11,676,962
14,564,760
6,242,572
4,614,314
4,176,153
5,468,706
4,450,667
2,505,980
1,230,339
4,177,797
2,154,439
1,731,181
2,203,967
2,026,481
Gross Profit
6,884,420
10,923,925
5,320,506
5,391,820
3,648,970
4,861,939
5,601,662
1,566,450
740,390
2,393,005
1,149,738
969,577
1,312,971
1,287,398
Admin Expenses
2,971,390
2,581,586
1,616,008
2,166,239
2,071,703
2,616,771
1,992,706
1,301,264
488,258
296,718
763,729
-116,222
1,180,892
1,325,189
-394,057
Operating Profit
3,913,030
8,342,339
3,704,498
3,225,581
1,577,267
2,245,168
3,608,956
265,186
252,132
2,096,287
386,009
1,085,799
132,079
-37,791
394,057
Interest Payable
16,158
51,762
39,611
59,621
72,067
38,258
12,004
2,815
2,928
1,393
2,786
3,830
2,437
Interest Receivable
73,738
50,469
25,557
30,526
56,165
8,985
2,140
2,535
1,396
978
6,353
3,477
615
766
495
Pre-Tax Profit
3,970,610
8,341,046
3,690,444
3,196,486
1,561,365
2,215,895
3,599,092
264,906
250,600
2,097,265
392,362
1,087,883
129,908
-40,855
392,115
Tax
-594,894
-1,382,820
-674,103
-611,675
-316,109
-423,335
-680,300
-50,332
-50,120
-419,453
-90,243
-261,092
-33,776
-109,792
Profit After Tax
3,375,716
6,958,226
3,016,341
2,584,811
1,245,256
1,792,560
2,918,792
214,574
200,480
1,677,812
302,119
826,791
96,132
-40,855
282,323
Dividends Paid
4,948,001
4,237,500
2,400,000
Retained Profit
3,375,716
6,958,226
-1,931,660
-1,652,689
1,245,256
1,792,560
518,792
214,574
200,480
1,677,812
302,119
826,791
96,132
-40,855
282,323
Employee Costs
4,599,329
3,686,762
2,671,107
2,244,479
2,331,696
2,457,090
1,724,756
1,264,845
920,928
915,380
946,132
761,613
989,790
923,406
Number Of Employees
84
68
53
52
55
58
44
33
24
24
23
19
25
24
EBITDA*
4,606,929
9,091,025
4,561,263
4,092,485
2,467,197
2,730,584
3,848,184
372,703
377,845
2,256,031
487,702
1,180,562
219,816
71,000
522,243
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
3,417,251
666,415
1,368,490
3,083,526
3,831,631
4,719,564
1,326,502
658,607
304,665
356,074
356,489
405,137
298,700
229,943
207,503
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
211,640
144,345
1,409,000
1,414,955
1,421,245
1,200,000
Total Fixed Assets
3,417,251
878,055
1,512,835
4,492,526
5,246,586
6,140,809
1,326,502
658,607
1,504,665
356,074
356,489
405,137
298,700
229,943
207,503
Stock & work in progress
480,721
652,258
127,791
125,540
57,440
154,142
155,093
70,825
8,456
Trade Debtors
1,810,455
3,125,506
1,736,128
586,609
1,290,294
1,001,320
2,999,156
722,579
274,499
1,513,113
392,450
229,103
485,430
460,624
280,733
Group Debtors
6,019,208
1,222,694
1,051,782
1,491
125
15,232
413,757
Misc Debtors
1,538,015
746,544
884,428
1,078,940
191,720
311,884
293,347
277,041
132,505
Cash
4,425,779
5,176,202
1,685,307
1,367,057
2,132,968
1,393,415
327,646
1,861,013
167,111
391,352
1,288,189
1,253,110
137,741
108,269
198,055
misc current assets
total current assets
14,274,178
10,923,204
4,433,654
3,158,146
4,724,204
2,862,252
3,775,367
2,946,690
996,328
1,904,465
1,680,639
1,482,213
623,171
568,893
478,788
total assets
17,691,429
11,801,259
5,946,489
7,650,672
9,970,790
9,003,061
5,101,869
3,605,297
2,500,993
2,260,539
2,037,128
1,887,350
921,871
798,836
686,291
Bank overdraft
21,429
32,129
Bank loan
45,122
16,737
43,000
21,429
Trade Creditors
657,225
811,391
622,633
293,142
593,798
815,578
413,670
322,764
86,966
114,202
458,138
565,128
430,876
455,262
309,625
Group/Directors Accounts
2,594,436
391,251
29,346
29,122
40,548
37,047
83,486
20,690
5,618
other short term finances
90
432
90,092
hp & lease commitments
295,560
473,234
660,773
333,387
561,754
195,995
90,648
57,584
other current liabilities
1,653,538
1,669,457
2,104,064
1,357,285
1,337,163
646,413
1,217,686
730,712
306,332
334,313
total current liabilities
4,905,199
2,776,408
3,591,182
2,385,668
2,310,207
2,107,383
1,864,830
1,227,610
561,664
454,133
458,138
565,128
452,305
476,691
341,754
loans
512,817
563,763
580,500
21,429
21,429
42,857
hp & lease commitments
288,682
753,902
1,418,908
1,845,468
602,272
260,279
Accruals and Deferred Income
other liabilities
25,243
85,929
80,803
126,831
77,537
43,248
7,357
provisions
385,663
26,938
63,992
21,609
23,042
34,294
41,165
30,177
29,500
31,500
14,500
10,500
total long term liabilities
385,663
288,682
1,266,719
2,009,609
2,489,960
623,881
283,321
59,537
127,094
110,980
156,331
130,466
79,177
60,714
total liabilities
5,290,862
2,776,408
3,879,864
3,652,387
4,319,816
4,597,343
2,488,711
1,510,931
621,201
581,227
569,118
721,459
582,771
555,868
402,468
net assets
12,400,567
9,024,851
2,066,625
3,998,285
5,650,974
4,405,718
2,613,158
2,094,366
1,879,792
1,679,312
1,468,010
1,165,891
339,100
242,968
283,823
total shareholders funds
12,400,567
9,024,851
2,066,625
3,998,285
5,650,974
4,405,718
2,613,158
2,094,366
1,879,792
1,679,312
1,468,010
1,165,891
339,100
242,968
283,823
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
3,913,030
8,342,339
3,704,498
3,225,581
1,577,267
2,245,168
3,608,956
265,186
252,132
2,096,287
386,009
1,085,799
132,079
-37,791
394,057
Depreciation
693,899
748,686
856,765
866,904
889,930
485,416
239,228
107,517
125,713
159,744
101,693
94,763
87,737
108,791
128,186
Amortisation
Tax
-594,894
-1,382,820
-674,103
-611,675
-316,109
-423,335
-680,300
-50,332
-50,120
-419,453
-90,243
-261,092
-33,776
-109,792
Stock
-171,537
524,467
2,251
68,100
-96,702
-951
84,268
62,369
8,456
Debtors
4,061,294
2,541,483
-309,648
-874,202
1,212,811
-556,688
2,277,776
-1,005,909
507,648
1,513,113
163,347
-256,327
24,806
179,891
280,733
Creditors
-154,166
188,758
329,491
-300,656
-221,780
401,908
90,906
235,798
-27,236
114,202
-106,990
134,252
-24,386
145,637
309,625
Accruals and Deferred Income
-15,919
-434,607
746,779
20,122
690,750
-571,273
486,974
424,380
-27,981
334,313
Deferred Taxes & Provisions
385,663
-26,938
-37,054
42,383
-1,433
-11,252
-6,871
41,165
677
-2,000
17,000
4,000
10,500
Cash flow from operations
337,856
4,396,406
5,270,827
3,979,440
1,466,895
2,737,906
1,382,287
1,914,837
-250,467
813,145
127,799
1,308,049
153,848
40,746
451,843
Investing Activities
capital expenditure
-3,444,735
-46,611
858,271
-118,799
-1,997
-3,878,478
-907,123
-461,459
-74,304
-515,818
-53,045
-201,200
-156,494
-131,231
-335,689
Change in Investments
cash flow from investments
-3,444,735
-46,611
858,271
-118,799
-1,997
-3,878,478
-907,123
-461,459
-74,304
-515,818
-53,045
-201,200
-156,494
-131,231
-335,689
Financing Activities
Bank loans
-45,122
28,385
-26,263
43,000
-21,429
21,429
Group/Directors Accounts
2,594,436
-391,251
361,905
224
-11,426
3,501
-46,439
62,796
15,072
5,618
Other Short Term Loans
-90
-342
432
-90,092
90,092
Long term loans
-512,817
-50,946
-16,737
580,500
-21,429
-21,428
42,857
Hire Purchase and Lease Commitments
-295,560
-466,356
-652,759
-337,620
-654,927
1,608,955
447,340
293,343
57,584
other long term liabilities
-25,243
-60,686
85,929
-46,028
49,294
34,289
35,891
7,357
share issue
1,500
1,500
interest
57,580
-1,293
-14,054
-29,095
-15,902
-29,273
-9,864
-280
-1,532
978
6,353
2,084
-2,171
-3,064
-1,942
cash flow from financing
2,356,456
-858,900
-862,847
-389,052
-725,345
2,206,341
391,469
240,524
100,530
94,025
-39,675
8,520
53,547
11,399
49,772
cash and cash equivalents
cash
-750,423
3,490,895
318,250
-765,911
739,553
1,065,769
-1,533,367
1,693,902
-224,241
391,352
35,079
1,115,369
29,472
-89,786
198,055
overdraft
-21,429
-10,700
32,129
change in cash
-750,423
3,490,895
318,250
-765,911
739,553
1,065,769
-1,533,367
1,693,902
-224,241
391,352
35,079
1,115,369
50,901
-79,086
165,926
water direct limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for water direct limited. Get real-time insights into water direct limited's credit score, group structure and payment trends.
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water direct 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 11 charges/mortgages relating to water direct limited. Currently there are 3 open charges and 8 have been satisfied in the past.
water direct 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.
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water direct limitedCompanies House Filings - See Documents
