zig zag water limited
zig zag water limited Company Information
Company Number
04802371
Next Accounts
Sep 2025
Shareholders
mark moss
amin kiddy
Group Structure
View All
Industry
Financial management
+2Registered Address
61 cowbridge road east, cardiff, south glamorgan, CF11 9AE
Website
-zig zag water limited Estimated Valuation
Pomanda estimates the enterprise value of ZIG ZAG WATER LIMITED at £66.6k based on a Turnover of £117.9k and 0.56x industry multiple (adjusted for size and gross margin).
zig zag water limited Estimated Valuation
Pomanda estimates the enterprise value of ZIG ZAG WATER LIMITED at £0 based on an EBITDA of £-120.3k and a 3.18x industry multiple (adjusted for size and gross margin).
zig zag water limited Estimated Valuation
Pomanda estimates the enterprise value of ZIG ZAG WATER LIMITED at £0 based on Net Assets of £-198k and 2.46x industry multiple (adjusted for liquidity).
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Zig Zag Water Limited Overview
Zig Zag Water Limited is a live company located in south glamorgan, CF11 9AE with a Companies House number of 04802371. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2003, it's largest shareholder is mark moss with a 50% stake. Zig Zag Water Limited is a mature, micro sized company, Pomanda has estimated its turnover at £117.9k with healthy growth in recent years.
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Zig Zag Water Limited Health Check
Pomanda's financial health check has awarded Zig Zag Water Limited a 2 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
1 Regular
6 Weak
Size
annual sales of £117.9k, make it smaller than the average company (£2.6m)
- Zig Zag Water Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.6%)
- Zig Zag Water Limited
7.6% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (65.1%)
- Zig Zag Water Limited
65.1% - Industry AVG
Profitability
an operating margin of -102% make it less profitable than the average company (8.3%)
- Zig Zag Water Limited
8.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Zig Zag Water Limited
9 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
- Zig Zag Water Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is less efficient (£172.4k)
- Zig Zag Water Limited
£172.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (53 days)
- Zig Zag Water Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 849 days, this is slower than average (38 days)
- Zig Zag Water Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zig Zag Water Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Zig Zag Water Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2215.2%, this is a higher level of debt than the average (61.1%)
2215.2% - Zig Zag Water Limited
61.1% - Industry AVG
ZIG ZAG WATER LIMITED financials
Zig Zag Water Limited's latest turnover from December 2023 is estimated at £117.9 thousand and the company has net assets of -£198 thousand. According to their latest financial statements, Zig Zag Water Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,833 | 55,271 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 27,833 | 29,936 | |||||||||||||
| Gross Profit | 25,335 | ||||||||||||||
| Admin Expenses | 3,117 | 6,212 | 4,487 | 3,821 | 36,268 | ||||||||||
| Operating Profit | -3,117 | -6,212 | -4,487 | -3,821 | -10,933 | ||||||||||
| Interest Payable | 32,504 | 39,788 | 83,954 | 57,133 | |||||||||||
| Interest Receivable | 4,887 | 62,442 | 90,907 | 100,267 | |||||||||||
| Pre-Tax Profit | -3,117 | 31,179 | 18,167 | 3,132 | 32,201 | ||||||||||
| Tax | -977 | -3,678 | -658 | -7,283 | |||||||||||
| Profit After Tax | -3,117 | 30,202 | 14,489 | 2,474 | 24,918 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -3,117 | 30,202 | 14,489 | 2,474 | 24,918 | ||||||||||
| Employee Costs | 17,481 | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* | -3,117 | -6,212 | -4,487 | -3,821 | -11,463 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 84,467 | ||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 360,321 | 347,494 | 377,623 | 581,000 | 1,476,325 | 1,369,325 | 1,068,325 | ||||||||
| Total Fixed Assets | 84,467 | 360,321 | 347,494 | 377,623 | 581,000 | 1,476,325 | 1,369,325 | 1,068,325 | |||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 7,279 | 2,244 | 134,082 | 5,134 | 4,870 | 448,286 | 480,851 | 483,066 | 1,000 | 5,000 | 2,400 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,083 | 2,083 | 2,083 | 2,083 | 2,083 | 60,053 | 99,181 | 169,133 | 54,144 | 260,841 | 231,569 | 179,579 | |||
| Cash | 3,718 | 4,829 | 20,044 | 70,089 | 23,265 | 17,518 | |||||||||
| misc current assets | 2,083 | 2,083 | 2,083 | ||||||||||||
| total current assets | 9,362 | 4,327 | 136,165 | 7,217 | 6,953 | 450,369 | 482,934 | 485,149 | 64,771 | 109,010 | 191,577 | 124,233 | 284,106 | 249,087 | 179,579 |
| total assets | 9,362 | 88,794 | 136,165 | 7,217 | 6,953 | 450,369 | 482,934 | 485,149 | 425,092 | 456,504 | 569,200 | 705,233 | 1,760,431 | 1,618,412 | 1,247,904 |
| Bank overdraft | 37,100 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 204,622 | 164,011 | 124,917 | 42,831 | 44,617 | 37,027 | 52,108 | 106,899 | 59,048 | 89,120 | 388 | 371 | 754 | 4,572 | 4,303 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,311 | 18,244 | 36,706 | 39,908 | 15,043 | ||||||||||
| total current liabilities | 204,622 | 164,011 | 124,917 | 42,831 | 44,617 | 37,027 | 52,108 | 106,899 | 59,048 | 89,120 | 5,699 | 18,615 | 37,460 | 44,480 | 56,446 |
| loans | 585,908 | 705,908 | 1,772,463 | 1,637,913 | 1,257,913 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 2,764 | 2,514 | 2,013 | 3,506 | 2,007 | 3,505 | 2,000 | 2,000 | |||||||
| other liabilities | 83,322 | 327,782 | 329,699 | 329,699 | 346,018 | 297,778 | 294,381 | 379,308 | |||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,764 | 2,514 | 85,335 | 331,288 | 331,706 | 333,204 | 348,018 | 299,778 | 294,381 | 379,308 | 585,908 | 705,908 | 1,772,463 | 1,637,913 | 1,257,913 |
| total liabilities | 207,386 | 166,525 | 210,252 | 374,119 | 376,323 | 370,231 | 400,126 | 406,677 | 353,429 | 468,428 | 591,607 | 724,523 | 1,809,923 | 1,682,393 | 1,314,359 |
| net assets | -198,024 | -77,731 | -74,087 | -366,902 | -369,370 | 80,138 | 82,808 | 78,472 | 71,663 | -11,924 | -22,407 | -19,290 | -49,492 | -63,981 | -66,455 |
| total shareholders funds | -198,024 | -77,731 | -74,087 | -366,902 | -369,370 | 80,138 | 82,808 | 78,472 | 71,663 | -11,924 | -22,407 | -19,290 | -49,492 | -63,981 | -66,455 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -3,117 | -6,212 | -4,487 | -3,821 | -10,933 | ||||||||||
| Depreciation | -530 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -977 | -3,678 | -658 | -7,283 | |||||||||||
| Stock | |||||||||||||||
| Debtors | 5,035 | -131,838 | 128,948 | 264 | -441,333 | -32,565 | -2,215 | 61,692 | -30,301 | -97,481 | -85,988 | -1,102,022 | 136,272 | 352,990 | 1,247,904 |
| Creditors | 40,611 | 39,094 | 82,086 | -1,786 | 7,590 | -15,081 | -54,791 | 47,851 | -30,072 | 88,732 | 17 | -383 | -3,818 | 269 | 4,303 |
| Accruals and Deferred Income | 250 | 501 | -1,493 | 1,499 | -1,498 | 1,505 | 2,000 | -5,311 | -12,933 | -18,462 | -3,202 | 24,865 | 15,043 | ||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 69,955 | 1,075,988 | -151,457 | -332,335 | -1,247,304 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -585,908 | -120,000 | -1,066,555 | 134,550 | 380,000 | 1,257,913 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -83,322 | -244,460 | -1,917 | -16,319 | 48,240 | 3,397 | -84,927 | 379,308 | |||||||
| share issue | |||||||||||||||
| interest | -27,617 | 22,654 | 6,953 | 43,134 | |||||||||||
| cash flow from financing | -120,000 | -1,094,172 | 157,204 | 386,953 | 1,209,674 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,718 | -1,111 | -15,215 | -50,045 | 46,824 | 5,747 | 17,518 | ||||||||
| overdraft | -37,100 | 37,100 | |||||||||||||
| change in cash | -3,718 | -1,111 | -15,215 | -50,045 | 46,824 | 5,747 | 54,618 | -37,100 |
zig zag water limited Credit Report and Business Information
Zig Zag Water Limited Competitor Analysis
Perform a competitor analysis for zig zag water limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CF11 area or any other competitors across 12 key performance metrics.
zig zag water limited Ownership
ZIG ZAG WATER LIMITED group structure
Zig Zag Water Limited has no subsidiary companies.
Ultimate parent company
ZIG ZAG WATER LIMITED
04802371
zig zag water limited directors
Zig Zag Water Limited currently has 2 directors. The longest serving directors include Mr Amin Kiddy (Jun 2003) and Mr Mark Moss (Jun 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amin Kiddy | Wales | 69 years | Jun 2003 | - | Director |
| Mr Mark Moss | 76 years | Jun 2003 | - | Director |
P&L
December 2023turnover
117.9k
+18%
operating profit
-120.3k
0%
gross margin
25.5%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-198k
+1.55%
total assets
9.4k
-0.89%
cash
0
0%
net assets
Total assets minus all liabilities
zig zag water limited company details
company number
04802371
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
70221 - Financial management
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
porthcawl water company limited (July 2008)
accountant
-
auditor
-
address
61 cowbridge road east, cardiff, south glamorgan, CF11 9AE
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
zig zag water 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 3 charges/mortgages relating to zig zag water limited. Currently there are 1 open charges and 2 have been satisfied in the past.
zig zag water 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.
Click to start generating capital raising & share issue transactions for ZIG ZAG WATER LIMITED. This can take several minutes, an email will notify you when this has completed.
zig zag water limited Companies House Filings - See Documents
| date | description | view/download |
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