Wavehill It Solutions Limited

POWER SEARCH PRICING

SOLUTIONS

wavehill it solutions limited Company Information

Live

MatureSmallHealthy

Company Number

04339552

Website

www.wavehill.co.uk

Registered Address

stone masons yard, 2a cecil avenue, enfield, middlesex, EN1 1PR

Industry

Computer consultancy activities

Telephone

02082930100

Next Accounts Due

June 2025

Group Structure

View All

Directors

Graham Powling2 Years

Shareholders

network communications group limited 100%

wavehill it solutions limited Estimated Valuation

£477.3k

Pomanda estimates the enterprise value of WAVEHILL IT SOLUTIONS LIMITED at £477.3k based on Net Assets of £214.7k and 2.22x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Wavehill It Solutions Limited is a live company located in enfield, EN1 1PR with a Companies House number of 04339552. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2001, it's largest shareholder is network communications group limited with a 100% stake. Wavehill It Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £589.8k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Wavehill It Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

4 Regular

4 Weak

Size

annual sales of £589.8k, make it smaller than the average company (£908k)

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.5%)

EXPORT

Wavehill It Solutions Limited's latest turnover from September 2023 is estimated at £589.8 thousand and the company has net assets of £214.7 thousand. According to their latest financial statements, Wavehill It Solutions Limited has 6 employees and maintains cash reserves of £117.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	589,768	472,802	472,661	527,901	478,928	378,946	356,083	531,770	370,594	434,898	168,794	158,509	730,073	412,024	379,799
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	297,133	244,946	244,083	255,636	222,531	172,265	143,558	215,587	144,498	166,866	61,996	55,155	288,925	155,683	144,769
Gross Profit	292,635	227,855	228,579	272,265	256,397	206,680	212,525	316,183	226,096	268,032	106,798	103,355	441,148	256,341	235,030
Admin Expenses	271,247	126,780	175,117	217,965	283,788	216,883	174,786	312,452	208,669	255,956	116,839	122,576	416,974	248,690	225,371
Operating Profit	21,388	101,075	53,462	54,300	-27,391	-10,203	37,739	3,731	17,427	12,076	-10,041	-19,221	24,174	7,651	9,659
Interest Payable	3,485	3,432	1,420	1,525	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	7,383	4,002	138	133	928	1,137	622	217	298	269	368	330	260	267	3
Pre-Tax Profit	25,287	101,646	52,180	52,909	-26,463	-9,066	38,360	3,949	17,725	12,344	-9,673	-18,891	24,434	7,918	9,662
Tax	-6,322	-19,313	-9,914	-10,053	0	0	-7,288	-790	-3,545	-2,592	0	0	-6,353	-2,217	-2,031
Profit After Tax	18,965	82,333	42,266	42,856	-26,463	-9,066	31,072	3,159	14,180	9,752	-9,673	-18,891	18,081	5,701	7,631
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,993
Retained Profit	18,965	82,333	42,266	42,856	-26,463	-9,066	31,072	3,159	14,180	9,752	-9,673	-18,891	18,081	5,701	2,638
Employee Costs	321,479	300,501	328,488	314,060	232,548	279,336	298,460	513,351	173,717	233,945	111,834	109,446	326,469	208,500	218,000
Number Of Employees	6	6	7	7	5	5	6	9	3	4	2	2	6	4	4
EBITDA*	25,685	104,374	56,101	58,826	-22,846	-5,368	41,589	5,608	19,277	13,523	-9,670	-18,726	24,834	7,766	12,013

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	25,804	9,895	13,194	13,579	13,638	14,503	11,551	10,639	5,550	4,338	1,114	1,485	1,980	345	460
Intangible Assets	0	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	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	25,804	9,895	13,194	13,579	13,638	14,503	11,551	10,639	5,550	4,338	1,114	1,485	1,980	345	460
Stock & work in progress	0	0	683	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	91,597	75,594	72,328	98,124	100,036	59,969	49,040	43,859	57,609	72,486	22,414	21,287	110,273	63,940	76,770
Group Debtors	190,000	100,000	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	5,811	0	0	0	0	0	0	0	0	0	0	0	569
Cash	117,305	178,013	177,732	167,642	98,966	148,554	154,753	93,857	80,048	39,240	68,219	78,938	52,922	50,977	56,007
misc current assets	0	0	0	0	0	0	0	1,646	3,057	0	0	0	617	569	0
total current assets	398,902	353,607	256,554	265,766	199,002	208,523	203,793	139,362	140,714	111,726	90,633	100,225	163,812	115,486	133,346
total assets	424,706	363,502	269,748	279,345	212,640	223,026	215,344	150,001	146,264	116,064	91,747	101,710	165,792	115,831	133,806
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	9,980	9,948	46,573	50,000	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	89,653	45,192	48,151	34,893	44,099	36,569	31,359	73,544	73,840	57,820	43,255	43,545	88,736	56,757	43,784
Group/Directors Accounts	0	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	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	88,731	84,081	59,127	77,891	94,832	87,270	75,145	0	0	0	0	0	0	0	36,649
total current liabilities	188,364	139,221	153,851	162,784	138,931	123,839	106,504	73,544	73,840	57,820	43,255	43,545	88,736	56,757	80,433
loans	16,750	26,677	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	0
Accruals and Deferred Income	0	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	0
provisions	4,903	1,880	2,506	2,580	2,584	1,599	2,185	874	0	0	0	0	0	0	0
total long term liabilities	21,653	28,557	2,506	2,580	2,584	1,599	2,185	874	0	0	0	0	0	0	0
total liabilities	210,017	167,778	156,357	165,364	141,515	125,438	108,689	74,418	73,840	57,820	43,255	43,545	88,736	56,757	80,433
net assets	214,689	195,724	113,391	113,981	71,125	97,588	106,655	75,583	72,424	58,244	48,492	58,165	77,056	59,074	53,373
total shareholders funds	214,689	195,724	113,391	113,981	71,125	97,588	106,655	75,583	72,424	58,244	48,492	58,165	77,056	59,074	53,373

	Sep 2023	Sep 2022	Sep 2021	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	21,388	101,075	53,462	54,300	-27,391	-10,203	37,739	3,731	17,427	12,076	-10,041	-19,221	24,174	7,651	9,659
Depreciation	4,297	3,299	2,639	4,526	4,545	4,835	3,850	1,877	1,850	1,447	371	495	660	115	2,354
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-6,322	-19,313	-9,914	-10,053	0	0	-7,288	-790	-3,545	-2,592	0	0	-6,353	-2,217	-2,031
Stock	0	-683	683	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	106,003	97,455	-21,897	-1,912	40,067	10,929	5,181	-13,750	-14,877	50,072	1,127	-88,986	46,333	-13,399	77,339
Creditors	44,461	-2,959	4,052	-9,206	7,530	5,210	-42,185	-296	16,020	14,565	-290	-45,191	31,979	12,973	43,784
Accruals and Deferred Income	4,650	24,954	-35,705	-16,941	7,562	12,125	75,145	0	0	0	0	0	0	-36,649	36,649
Deferred Taxes & Provisions	3,023	-626	-78	-4	985	-586	1,311	874	0	0	0	0	0	0	0
Cash flow from operations	-34,506	9,658	35,670	24,534	-46,836	452	63,391	19,146	46,629	-24,576	-11,087	25,069	4,127	-4,728	13,076
Investing Activities
capital expenditure	-20,206	0	-2,195	-4,467	-3,680	-7,787	-4,762	-6,966	-3,062	-4,671	0	0	-2,295	0	-2,814
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-20,206	0	-2,195	-4,467	-3,680	-7,787	-4,762	-6,966	-3,062	-4,671	0	0	-2,295	0	-2,814
Financing Activities
Bank loans	32	-36,625	46,573	50,000	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	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-9,927	26,677	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	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-1	0	0	0	0	0	0	-99	0	50,735
interest	3,898	570	-1,282	-1,392	928	1,137	622	217	298	269	368	330	260	267	3
cash flow from financing	-5,997	-9,378	45,291	48,608	928	1,136	622	217	298	269	368	330	161	267	50,738
cash and cash equivalents
cash	-60,708	281	78,766	68,676	-49,588	-6,199	60,896	13,809	40,808	-28,979	-10,719	26,016	1,945	-5,030	56,007
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-60,708	281	78,766	68,676	-49,588	-6,199	60,896	13,809	40,808	-28,979	-10,719	26,016	1,945	-5,030	56,007

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for wavehill it solutions limited. Get real-time insights into wavehill it solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for wavehill it solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EN1 area or any other competitors across 12 key performance metrics.

WAVEHILL IT SOLUTIONS LIMITED group structure

Wavehill It Solutions Limited has no subsidiary companies.

Ultimate parent company

NET TECH GROUP LIMITED

02970252

1 parent

WAVEHILL IT SOLUTIONS LIMITED

04339552

WAVEHILL IT SOLUTIONS LIMITED Shareholders

network communications group limited

100%

Wavehill It Solutions Limited currently has 1 director, Mr Graham Powling serving since Nov 2021.

officer	country	age	start	end	role
Mr Graham Powling	United Kingdom	67 years	Nov 2021	-	Director

P&L

September 2023

turnover

589.8k

+25%

operating profit

21.4k

gross margin

49.7%

+2.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

214.7k

+0.1%

total assets

424.7k

+0.17%

cash

117.3k

-0.34%

net assets

Total assets minus all liabilities

Similar Companies

service management connect limited

softy ltd

2.5

aberion ltd

3.5

delta it solutions limited

millenium systems limited

company number

04339552

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

December 2001

accounts

Total Exemption Full

ultimate parent company

NET TECH GROUP LIMITED

previous names

N/A

last accounts submitted

September 2023

address

stone masons yard, 2a cecil avenue, enfield, middlesex, EN1 1PR

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 wavehill it solutions limited.

wavehill it solutions limited Company Information

wavehill it solutions limited Estimated Valuation

wavehill it solutions limited Estimated Valuation

wavehill it solutions limited Estimated Valuation

Wavehill It Solutions Limited Overview

Wavehill It Solutions Limited Health Check

WAVEHILL IT SOLUTIONS LIMITED financials

wavehill it solutions limited Credit Report and Business Information

Wavehill It Solutions Limited Competitor Analysis

wavehill it solutions limited Ownership

wavehill it solutions limited directors

wavehill it solutions limited company details

wavehill it solutions limited Charges & Mortgages

wavehill it solutions limited Companies House Filings - See Documents