Pomanda estimates the enterprise value of LETWISE LIMITED at £511k based on a Turnover of £222.6k and 2.3x industry multiple (adjusted for size and gross margin).
letwise limitedEstimated Valuation
£266.5k
Pomanda estimates the enterprise value of LETWISE LIMITED at £266.5k based on an EBITDA of £44k and a 6.05x industry multiple (adjusted for size and gross margin).
letwise limitedEstimated Valuation
£450.7k
Pomanda estimates the enterprise value of LETWISE LIMITED at £450.7k based on Net Assets of £247.9k and 1.82x industry multiple (adjusted for liquidity).
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Letwise LimitedOverview
Letwise Limited is a live company located in sheffield, S8 0SF with a Companies House number of 04654992. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2003, it's largest shareholder is
mark adrian pass
with a 100% stake. Letwise Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£222.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Letwise Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
3 Weak
Size
annual sales of £222.6k, make it smaller than the average company (£414k)
£222.6k - Letwise Limited
£414k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.1%)
10% - Letwise Limited
6.1% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Letwise Limited
58% - Industry AVG
Profitability
an operating margin of 19.4% make it more profitable than the average company (7.7%)
19.4% - Letwise Limited
7.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Letwise Limited
6 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
£40k - Letwise Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £74.2k, this is less efficient (£101.5k)
£74.2k - Letwise Limited
£101.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Letwise Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (30 days)
116 days - Letwise Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Letwise Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 118 weeks, this is more cash available to meet short term requirements (46 weeks)
118 weeks - Letwise Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.1%, this is a lower level of debt than the average (60.2%)
22.1% - Letwise Limited
60.2% - Industry AVG
LETWISE LIMITED financials
EXPORT
Letwise Limited's latest turnover from March 2024 is estimated at £222.6 thousand and the company has net assets of £247.9 thousand. According to their latest financial statements, Letwise Limited has 3 employees and maintains cash reserves of £159.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
222,602
203,711
176,186
167,314
156,939
193,187
189,324
361,001
579,147
588,039
Other Income Or Grants
Cost Of Sales
93,396
67,906
59,674
53,811
36,273
40,707
45,787
85,926
294,989
318,807
Gross Profit
129,206
135,804
116,512
113,504
120,666
152,480
143,537
275,075
284,158
269,232
Admin Expenses
85,970
113,255
31,720
34,969
138,159
141,895
186,886
244,527
264,745
193,599
Operating Profit
43,236
22,549
84,792
78,535
-17,493
10,585
-43,349
30,548
19,413
75,633
Interest Payable
Interest Receivable
7,673
8,324
1,751
222
227
1,526
974
426
546
195
Pre-Tax Profit
50,909
30,873
86,543
78,757
-17,266
12,111
-42,375
30,974
19,959
75,828
Tax
-12,727
-5,866
-16,443
-14,964
-2,301
-6,195
-3,992
-15,924
Profit After Tax
38,182
25,007
70,100
63,793
-17,266
9,810
-42,375
24,779
15,967
59,904
Dividends Paid
Retained Profit
38,182
25,007
70,100
63,793
-17,266
9,810
-42,375
24,779
15,967
59,904
Employee Costs
119,892
118,284
110,332
105,378
101,104
132,426
127,152
126,967
176,736
164,263
Number Of Employees
3
3
3
3
3
4
4
4
5
5
EBITDA*
44,044
23,027
85,220
78,636
27,515
55,585
1,790
75,882
64,756
75,857
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
158,552
157,511
849
195
296
139
473
816
Intangible Assets
45,000
90,000
135,000
180,000
225,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
158,552
157,511
849
195
296
45,000
90,000
135,139
180,473
225,816
Stock & work in progress
Trade Debtors
1,542
1,705
Group Debtors
Misc Debtors
255
55
679
1,250
7,613
122
1,212
1,499
Cash
159,290
133,024
258,672
208,250
235,679
218,003
189,057
200,402
140,233
78,063
misc current assets
total current assets
159,545
133,079
259,351
209,500
243,292
218,125
190,269
201,901
141,775
79,768
total assets
318,097
290,590
260,200
209,695
243,588
263,125
280,269
337,040
322,248
305,584
Bank overdraft
Bank loan
Trade Creditors
29,776
42,607
32,075
28,008
29,309
24,036
13,982
246,280
245,515
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
40,418
38,262
43,411
67,073
163,458
171,002
208,010
236,360
total current liabilities
70,194
80,869
75,486
95,081
192,767
195,038
221,992
236,360
246,280
245,515
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
28
95
163
total long term liabilities
28
95
163
total liabilities
70,194
80,869
75,486
95,081
192,767
195,038
221,992
236,388
246,375
245,678
net assets
247,903
209,721
184,714
114,614
50,821
68,087
58,277
100,652
75,873
59,906
total shareholders funds
247,903
209,721
184,714
114,614
50,821
68,087
58,277
100,652
75,873
59,906
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Feb 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
43,236
22,549
84,792
78,535
-17,493
10,585
-43,349
30,548
19,413
75,633
Depreciation
808
478
428
101
8
139
334
343
224
Amortisation
45,000
45,000
45,000
45,000
45,000
Tax
-12,727
-5,866
-16,443
-14,964
-2,301
-6,195
-3,992
-15,924
Stock
Debtors
200
-624
-571
-6,363
7,491
-1,090
-287
-43
-163
1,705
Creditors
-12,831
10,532
4,067
-1,301
5,273
10,054
13,982
-246,280
765
245,515
Accruals and Deferred Income
2,156
-5,149
-23,662
-96,385
-7,544
-37,008
-28,350
236,360
Deferred Taxes & Provisions
-28
-67
-68
163
Cash flow from operations
20,442
23,168
49,753
-27,651
17,753
27,420
-12,319
59,743
61,624
303,906
Investing Activities
capital expenditure
-1,849
-157,140
-1,082
-304
-226,040
Change in Investments
cash flow from investments
-1,849
-157,140
-1,082
-304
-226,040
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
7,673
8,324
1,751
222
227
1,526
974
426
546
195
cash flow from financing
7,673
8,324
1,751
222
227
1,526
974
426
546
197
cash and cash equivalents
cash
26,266
-125,648
50,422
-27,429
17,676
28,946
-11,345
60,169
62,170
78,063
overdraft
change in cash
26,266
-125,648
50,422
-27,429
17,676
28,946
-11,345
60,169
62,170
78,063
letwise 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 letwise limited. Get real-time insights into letwise limited's credit score, group structure and payment trends.
Perform a competitor analysis for letwise limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in S 8 area or any other competitors across 12 key performance metrics.
letwise limited Ownership
LETWISE LIMITED group structure
Letwise Limited has no subsidiary companies.
Ultimate parent company
LETWISE LIMITED
04654992
LETWISE LIMITED Shareholders
The sole shareholder of Letwise Limited is Mark Adrian Pass.
mark adrian pass
100%
letwise limited directors
Letwise Limited currently has 1 director, Mr Mark Pass serving since Feb 2003.
68320 - Management of real estate on a fee or contract basis
incorporation date
February 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
IAN R COLLINS & CO
auditor
-
address
780 chesterfield road, sheffield, S8 0SF
Bank
-
Legal Advisor
-
letwise 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 letwise limited.
letwise 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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letwise limitedCompanies House Filings - See Documents
