webflex ltd
webflex ltd Company Information
Company Number
04184479
Website
www.webflex-ltd.comRegistered Address
vision house hamilton way, mansfield, nottinghamshire, NG18 5BU
Industry
Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
Telephone
441905340333
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
the reflex group ltd 100%
webflex ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBFLEX LTD at £1.9m based on a Turnover of £6.8m and 0.28x industry multiple (adjusted for size and gross margin).
webflex ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBFLEX LTD at £0 based on an EBITDA of £-89k and a 2.38x industry multiple (adjusted for size and gross margin).
webflex ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBFLEX LTD at £0 based on Net Assets of £-92k and 1.68x industry multiple (adjusted for liquidity).
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Webflex Ltd Overview
Webflex Ltd is a live company located in nottinghamshire, NG18 5BU with a Companies House number of 04184479. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in March 2001, it's largest shareholder is the reflex group ltd with a 100% stake. Webflex Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.8m with rapid growth in recent years.
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Webflex Ltd Health Check
Pomanda's financial health check has awarded Webflex Ltd a 3 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
3 Regular
6 Weak
Size
annual sales of £6.8m, make it smaller than the average company (£9.9m)
£6.8m - Webflex Ltd
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (0.1%)
33% - Webflex Ltd
0.1% - Industry AVG
Production
with a gross margin of 13.9%, this company has a higher cost of product (31.2%)
13.9% - Webflex Ltd
31.2% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (4.4%)
-4.5% - Webflex Ltd
4.4% - Industry AVG
Employees
with 28 employees, this is below the industry average (65)
28 - Webflex Ltd
65 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£36.4k)
£32.4k - Webflex Ltd
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £241.4k, this is more efficient (£141.5k)
£241.4k - Webflex Ltd
£141.5k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (55 days)
32 days - Webflex Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is close to average (61 days)
63 days - Webflex Ltd
61 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is in line with average (26 days)
27 days - Webflex Ltd
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Webflex Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (64.7%)
103.6% - Webflex Ltd
64.7% - Industry AVG
WEBFLEX LTD financials
Webflex Ltd's latest turnover from February 2023 is £6.8 million and the company has net assets of -£92 thousand. According to their latest financial statements, Webflex Ltd has 28 employees and maintains cash reserves of £100 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,759,000 | 5,683,000 | 4,280,000 | 2,854,000 | 2,641,000 | 2,301,000 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 5,823,000 | 4,600,000 | 3,644,000 | 2,368,000 | 1,850,000 | 1,735,000 | ||||||||
| Gross Profit | 936,000 | 1,083,000 | 636,000 | 486,000 | 791,000 | 566,000 | ||||||||
| Admin Expenses | 1,243,000 | 1,086,000 | 1,061,000 | 1,042,000 | 878,000 | 710,000 | ||||||||
| Operating Profit | -307,000 | -3,000 | -425,000 | -556,000 | -87,000 | -144,000 | ||||||||
| Interest Payable | 35,000 | 16,000 | 7,000 | 40,000 | 205,000 | 75,000 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | -342,000 | -19,000 | -432,000 | -596,000 | -292,000 | -219,000 | ||||||||
| Tax | -3,000 | 5,000 | -15,000 | -7,000 | 47,000 | 37,000 | ||||||||
| Profit After Tax | -345,000 | -14,000 | -447,000 | -603,000 | -245,000 | -182,000 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | -345,000 | -14,000 | -447,000 | -603,000 | -245,000 | -182,000 | ||||||||
| Employee Costs | 907,000 | 755,000 | 722,000 | 714,000 | 728,000 | 652,000 | ||||||||
| Number Of Employees | 28 | 28 | 27 | 28 | 27 | 29 | 23 | 22 | ||||||
| EBITDA* | -89,000 | 227,000 | -279,000 | -438,000 | 41,000 | -34,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,166,000 | 1,252,000 | 1,333,000 | 1,375,000 | 1,259,000 | 1,378,000 | 1,398,345 | 351,298 | 164,292 | 163,064 | 179,296 | 170,453 | 226,322 | 290,072 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,166,000 | 1,252,000 | 1,333,000 | 1,375,000 | 1,259,000 | 1,378,000 | 1,398,345 | 351,298 | 164,292 | 163,064 | 179,296 | 170,453 | 226,322 | 290,072 |
| Stock & work in progress | 445,000 | 433,000 | 268,000 | 220,000 | 31,000 | 44,000 | 116,307 | 95,319 | 90,652 | 72,306 | 63,191 | 49,064 | 29,236 | 34,825 |
| Trade Debtors | 608,000 | 556,000 | 528,000 | 512,000 | 350,000 | 412,000 | 512,405 | 517,899 | 445,886 | 518,209 | 508,292 | 460,695 | 417,935 | 413,269 |
| Group Debtors | 64,000 | 72,000 | 517,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 163,000 | 317,000 | 170,000 | 82,000 | 55,000 | 46,000 | 65,829 | 39,957 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 100,000 | 264,000 | 245,000 | 37,000 | 31,000 | 4,000 | 2,022 | 203,216 | 19,085 | 24,028 | 23,276 | 24,008 | 4 | 4,160 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,380,000 | 1,642,000 | 1,728,000 | 851,000 | 467,000 | 506,000 | 696,563 | 856,391 | 555,623 | 614,543 | 594,759 | 533,767 | 447,175 | 452,254 |
| total assets | 2,546,000 | 2,894,000 | 3,061,000 | 2,226,000 | 1,726,000 | 1,884,000 | 2,094,908 | 1,207,689 | 719,915 | 777,607 | 774,055 | 704,220 | 673,497 | 742,326 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 306 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 36,000 | 58,000 | 153,000 | 120,833 | 44,976 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,016,000 | 799,000 | 544,000 | 373,000 | 456,000 | 529,000 | 538,006 | 391,003 | 559,074 | 600,071 | 622,823 | 532,529 | 490,436 | 557,934 |
| Group/Directors Accounts | 1,086,000 | 1,708,000 | 2,603,000 | 1,711,000 | 479,000 | 55,000 | 751 | 11,151 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 379,000 | 0 | 0 | 357,000 | 185,000 | 322,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 12,000 | 42,000 | 20,000 | 146,000 | 152,000 | 16,000 | 6,275 | 8,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 115,000 | 74,000 | 121,000 | 84,000 | 93,000 | 93,000 | 371,885 | 244,909 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,608,000 | 2,623,000 | 3,288,000 | 2,707,000 | 1,423,000 | 1,168,000 | 1,037,750 | 700,512 | 559,074 | 600,071 | 622,823 | 532,529 | 490,436 | 557,934 |
| loans | 0 | 0 | 0 | 0 | 36,000 | 712,000 | 890,095 | 204,723 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 30,000 | 18,000 | 6,000 | 424,000 | 569,000 | 57,000 | 0 | 6,275 | 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 | 13,673 | 4,419 | 17,677 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 4,000 | 41,749 | 62,775 | 24,626 | 22,573 | 23,616 | 25,349 | 30,365 | 41,361 |
| total long term liabilities | 30,000 | 18,000 | 6,000 | 424,000 | 605,000 | 773,000 | 931,844 | 273,773 | 38,299 | 26,992 | 41,293 | 25,349 | 30,365 | 41,361 |
| total liabilities | 2,638,000 | 2,641,000 | 3,294,000 | 3,131,000 | 2,028,000 | 1,941,000 | 1,969,594 | 974,285 | 597,373 | 627,063 | 664,116 | 557,878 | 520,801 | 599,295 |
| net assets | -92,000 | 253,000 | -233,000 | -905,000 | -302,000 | -57,000 | 125,314 | 233,404 | 122,542 | 150,544 | 109,939 | 146,342 | 152,696 | 143,031 |
| total shareholders funds | -92,000 | 253,000 | -233,000 | -905,000 | -302,000 | -57,000 | 125,314 | 233,404 | 122,542 | 150,544 | 109,939 | 146,342 | 152,696 | 143,031 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -307,000 | -3,000 | -425,000 | -556,000 | -87,000 | -144,000 | ||||||||
| Depreciation | 218,000 | 230,000 | 146,000 | 118,000 | 128,000 | 110,000 | 47,147 | 14,457 | 56,643 | 52,996 | 54,799 | 62,890 | 71,180 | 69,361 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,000 | 5,000 | -15,000 | -7,000 | 47,000 | 37,000 | ||||||||
| Stock | 12,000 | 165,000 | 48,000 | 189,000 | 31,000 | -72,307 | 20,988 | 23,013 | 18,346 | 9,115 | 14,127 | 19,828 | -5,589 | 34,825 |
| Debtors | -110,000 | -270,000 | 621,000 | 189,000 | 405,000 | -120,234 | 20,378 | 39,647 | -72,323 | 9,917 | 47,597 | 42,760 | 4,666 | 413,269 |
| Creditors | 217,000 | 255,000 | 171,000 | -83,000 | 456,000 | -9,006 | 147,003 | -209,068 | -40,997 | -22,752 | 90,294 | 42,093 | -67,498 | 557,934 |
| Accruals and Deferred Income | 41,000 | -47,000 | 37,000 | -9,000 | 93,000 | -278,885 | 126,976 | 244,909 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -37,749 | -21,026 | 40,202 | 2,053 | -1,043 | -1,733 | -5,016 | -10,996 | 41,361 |
| Cash flow from operations | 264,000 | 545,000 | -755,000 | -915,000 | 201,000 | -130,099 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -36,000 | -22,000 | 58,000 | 32,167 | 75,857 | 44,976 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -622,000 | -895,000 | 892,000 | 1,232,000 | 479,000 | 54,249 | -10,400 | 11,151 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 379,000 | 0 | -357,000 | 172,000 | 185,000 | 322,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -36,000 | 36,000 | -178,095 | 685,372 | 204,723 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -18,000 | 34,000 | -544,000 | -151,000 | 721,000 | 66,725 | -8,167 | 14,442 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,419 | 9,254 | -13,258 | 17,677 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -35,000 | -16,000 | -7,000 | -40,000 | -205,000 | -75,000 | ||||||||
| cash flow from financing | -296,000 | -377,000 | 1,067,000 | 1,155,000 | 1,217,000 | 221,732 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -164,000 | 19,000 | 208,000 | 6,000 | 31,000 | 1,978 | -201,194 | 179,188 | -4,943 | 752 | -732 | 24,004 | -4,156 | 4,160 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -306 | 306 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -164,000 | 19,000 | 208,000 | 6,000 | 31,000 | 1,978 | -200,888 | 178,882 | -4,943 | 752 | -732 | 24,004 | -4,156 | 4,160 |
webflex ltd Credit Report and Business Information
Webflex Ltd Competitor Analysis
Perform a competitor analysis for webflex ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NG18 area or any other competitors across 12 key performance metrics.
webflex ltd Ownership
WEBFLEX LTD group structure
Webflex Ltd has no subsidiary companies.
webflex ltd directors
Webflex Ltd currently has 3 directors. The longest serving directors include Mr Ian Kendall (Jan 2019) and Mr Raymond Young (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Kendall | England | 59 years | Jan 2019 | - | Director |
| Mr Raymond Young | 58 years | Jan 2020 | - | Director | |
| Mr Gary Tomlin | England | 54 years | Jan 2020 | - | Director |
P&L
February 2023turnover
6.8m
+19%
operating profit
-307k
+10133%
gross margin
13.9%
-27.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-92k
-1.36%
total assets
2.5m
-0.12%
cash
100k
-0.62%
net assets
Total assets minus all liabilities
webflex ltd company details
company number
04184479
Type
Private limited with Share Capital
industry
18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
incorporation date
March 2001
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
MAZARS LLP
address
vision house hamilton way, mansfield, nottinghamshire, NG18 5BU
Bank
HSBC BANK PLC
Legal Advisor
-
webflex ltd 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 5 charges/mortgages relating to webflex ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
webflex ltd Companies House Filings - See Documents
| date | description | view/download |
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