wasserman experience limited
wasserman experience limited Company Information
Company Number
04996976
Next Accounts
Sep 2025
Shareholders
wmg management europe ltd
Group Structure
View All
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
+1Registered Address
71-91 7th floor, aldwych house, aldwych, london, WC2B 4HN
Website
http://teamwass.comwasserman experience limited Estimated Valuation
Pomanda estimates the enterprise value of WASSERMAN EXPERIENCE LIMITED at £11.3m based on a Turnover of £24.1m and 0.47x industry multiple (adjusted for size and gross margin).
wasserman experience limited Estimated Valuation
Pomanda estimates the enterprise value of WASSERMAN EXPERIENCE LIMITED at £2.8m based on an EBITDA of £778.8k and a 3.54x industry multiple (adjusted for size and gross margin).
wasserman experience limited Estimated Valuation
Pomanda estimates the enterprise value of WASSERMAN EXPERIENCE LIMITED at £0 based on Net Assets of £-599.8k and 2.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wasserman Experience Limited Overview
Wasserman Experience Limited is a live company located in london, WC2B 4HN with a Companies House number of 04996976. It operates in the other engineering activities sector, SIC Code 71129. Founded in December 2003, it's largest shareholder is wmg management europe ltd with a 100% stake. Wasserman Experience Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.1m with rapid growth in recent years.
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Wasserman Experience Limited Health Check
Pomanda's financial health check has awarded Wasserman Experience Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £24.1m, make it larger than the average company (£7.6m)
£24.1m - Wasserman Experience Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (7.3%)
55% - Wasserman Experience Limited
7.3% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (38.2%)
11.2% - Wasserman Experience Limited
38.2% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (5.5%)
3.2% - Wasserman Experience Limited
5.5% - Industry AVG
Employees
with 69 employees, this is above the industry average (39)
69 - Wasserman Experience Limited
39 - Industry AVG
Pay Structure
on an average salary of £73.4k, the company has an equivalent pay structure (£62k)
£73.4k - Wasserman Experience Limited
£62k - Industry AVG
Efficiency
resulting in sales per employee of £349.4k, this is more efficient (£161.4k)
£349.4k - Wasserman Experience Limited
£161.4k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is near the average (62 days)
72 days - Wasserman Experience Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (35 days)
9 days - Wasserman Experience Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wasserman Experience Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (16 weeks)
7 weeks - Wasserman Experience Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (62.9%)
105.4% - Wasserman Experience Limited
62.9% - Industry AVG
WASSERMAN EXPERIENCE LIMITED financials
Wasserman Experience Limited's latest turnover from December 2023 is £24.1 million and the company has net assets of -£599.8 thousand. According to their latest financial statements, Wasserman Experience Limited has 69 employees and maintains cash reserves of £1.8 million 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 | 24,105,721 | 20,698,637 | 12,778,956 | 6,418,769 | 17,807,111 | 26,020,853 | 29,654,091 | 19,101,018 | 14,266,457 | 29,136,731 | 14,944,098 | 12,468,165 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 21,404,840 | 18,165,040 | 11,152,589 | 6,383,647 | 16,500,976 | 19,273,683 | 24,455,358 | 14,635,857 | 10,543,417 | 24,952,500 | 11,645,063 | 9,832,443 | |||
| Gross Profit | 2,700,881 | 2,533,597 | 1,626,367 | 35,122 | 1,306,135 | 6,747,170 | 5,198,733 | 4,465,161 | 3,723,040 | 4,184,231 | 3,299,035 | 2,635,722 | |||
| Admin Expenses | 1,929,236 | 1,496,010 | 2,184,048 | 2,822,664 | 2,637,589 | 6,610,742 | 5,019,132 | 4,071,567 | 3,596,759 | 3,793,716 | 2,515,579 | 2,029,771 | |||
| Operating Profit | 771,645 | 1,037,587 | -557,681 | -2,787,542 | -1,331,454 | 136,428 | 179,601 | 393,594 | 126,281 | 390,515 | 783,456 | 605,951 | |||
| Interest Payable | 395 | 741 | 4 | 4,020 | 433 | 15,223 | 30,826 | ||||||||
| Interest Receivable | 26,417 | 806 | 1,441 | 14,521 | 1,168 | 4,689 | 1,824 | 1,968 | 747 | ||||||
| Pre-Tax Profit | 797,667 | 1,037,587 | -556,875 | -2,787,542 | -1,331,454 | 137,128 | -36,006 | 394,758 | 126,950 | 391,906 | 770,201 | 575,872 | |||
| Tax | -282,613 | 41,802 | -139,982 | 117,546 | 191,651 | -27,330 | -45,198 | -95,865 | 2,938 | -106,335 | -160,809 | ||||
| Profit After Tax | 515,054 | 1,079,389 | -696,857 | -2,669,996 | -1,139,803 | 109,798 | -81,204 | 298,893 | 129,888 | 391,906 | 663,866 | 415,063 | |||
| Dividends Paid | |||||||||||||||
| Retained Profit | 515,054 | 1,079,389 | -696,857 | -2,669,996 | -1,139,803 | 109,798 | -81,204 | 298,893 | 129,888 | 391,906 | 663,866 | 415,063 | |||
| Employee Costs | 5,063,014 | 4,316,812 | 3,681,250 | 3,044,997 | 3,758,176 | 3,852,004 | 2,512,307 | 2,452,356 | 2,182,386 | 2,089,702 | |||||
| Number Of Employees | 69 | 58 | 46 | 47 | 62 | 67 | 69 | 52 | 31 | 31 | |||||
| EBITDA* | 778,817 | 1,041,427 | -552,835 | -2,777,356 | -1,310,631 | 177,280 | 209,941 | 469,725 | 235,273 | 473,244 | 881,317 | 673,091 |
* 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 | 23,901 | 11,275 | 10,270 | 15,115 | 25,301 | 24,979 | 62,536 | 74,309 | 111,880 | 120,552 | 83,045 | 106,306 | 92,892 | 130,614 | 83,175 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 320,757 | 320,757 | 320,757 | 320,757 | 320,757 | 320,757 | 320,757 | 550,890 | 550,890 | 550,890 | 550,890 | 550,890 | 550,890 | 550,890 | 550,885 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 344,658 | 332,032 | 331,027 | 335,872 | 346,058 | 345,736 | 383,293 | 625,199 | 662,770 | 671,442 | 633,935 | 657,196 | 643,782 | 681,504 | 634,060 |
| Stock & work in progress | 335,232 | 319,670 | 204,163 | 537,556 | 2,341,149 | 1,107,019 | 233,179 | 767,514 | 104,935 | 78,105 | 122,811 | 60,897 | 27,600 | ||
| Trade Debtors | 4,778,874 | 1,041,554 | 950,047 | 1,258,907 | 2,474,424 | 4,806,492 | 5,347,877 | 4,013,649 | 2,268,040 | 2,904,112 | 1,166,164 | 1,108,016 | 1,513,171 | 1,151,921 | 1,198,950 |
| Group Debtors | 3,770,456 | 1,303,970 | 876,606 | 3,608,287 | 2,214,737 | 796,040 | 422,753 | 289,556 | 386,740 | 1,337,560 | |||||
| Misc Debtors | 473,332 | 987,106 | 132,519 | 458,748 | 1,280,934 | 164,829 | 1,087,421 | 400,422 | 179,517 | 939,475 | 554,393 | 360,478 | |||
| Cash | 1,787,440 | 1,791,391 | 1,170,833 | 976,840 | 2,256,201 | 3,103,026 | 1,788,146 | 1,635,059 | 1,245,484 | 2,182,408 | 817,061 | 938,943 | 179,823 | 457,762 | 331,301 |
| misc current assets | |||||||||||||||
| total current assets | 10,810,102 | 5,124,021 | 3,465,237 | 6,622,452 | 8,430,459 | 9,407,943 | 10,987,346 | 7,445,705 | 4,312,960 | 6,793,509 | 3,980,113 | 2,485,542 | 1,815,805 | 1,670,580 | 1,557,851 |
| total assets | 11,154,760 | 5,456,053 | 3,796,264 | 6,958,324 | 8,776,517 | 9,753,679 | 11,370,639 | 8,070,904 | 4,975,730 | 7,464,951 | 4,614,048 | 3,142,738 | 2,459,587 | 2,352,084 | 2,191,911 |
| Bank overdraft | 18,128 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 560,424 | 240,430 | 358,747 | 121,983 | 243,713 | 477,735 | 1,050,374 | 1,777,132 | 786,316 | 1,559,938 | 842,547 | 853,370 | 1,565,533 | 1,512,848 | 2,070,264 |
| Group/Directors Accounts | 4,149,482 | 2,604,341 | 3,788,010 | 6,244,342 | 3,862,920 | 4,331,687 | 3,487,697 | 2,194,861 | 914,291 | 1,266,098 | 65,753 | 122,126 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,044,674 | 3,726,156 | 1,843,770 | 2,089,405 | 3,497,260 | 2,636,649 | 4,633,585 | 1,819,897 | 1,295,002 | 2,788,682 | 2,229,293 | 863,121 | |||
| total current liabilities | 11,754,580 | 6,570,927 | 5,990,527 | 8,455,730 | 7,603,893 | 7,446,071 | 9,171,656 | 5,791,890 | 2,995,609 | 5,614,718 | 3,155,721 | 1,838,617 | 1,565,533 | 1,512,848 | 2,070,264 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 600,000 | 600,000 | 600,000 | ||||||||||||
| provisions | 1,173 | 4,998 | 7,321 | 4,336 | |||||||||||
| total long term liabilities | 1,173 | 600,000 | 604,998 | 607,321 | 4,336 | ||||||||||
| total liabilities | 11,754,580 | 6,570,927 | 5,990,527 | 8,455,730 | 7,603,893 | 7,446,071 | 9,172,829 | 5,791,890 | 2,995,609 | 5,614,718 | 3,155,721 | 2,438,617 | 2,170,531 | 2,120,169 | 2,074,600 |
| net assets | -599,820 | -1,114,874 | -2,194,263 | -1,497,406 | 1,172,624 | 2,307,608 | 2,197,810 | 2,279,014 | 1,980,121 | 1,850,233 | 1,458,327 | 704,121 | 289,056 | 231,915 | 117,311 |
| total shareholders funds | -599,820 | -1,114,874 | -2,194,263 | -1,497,406 | 1,172,624 | 2,307,608 | 2,197,810 | 2,279,014 | 1,980,121 | 1,850,233 | 1,458,327 | 704,121 | 289,056 | 231,915 | 117,311 |
| 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 | 771,645 | 1,037,587 | -557,681 | -2,787,542 | -1,331,454 | 136,428 | 179,601 | 393,594 | 126,281 | 390,515 | 783,456 | 605,951 | |||
| Depreciation | 7,172 | 3,840 | 4,846 | 10,186 | 20,823 | 40,852 | 30,340 | 76,131 | 108,992 | 82,729 | 97,861 | 67,140 | 68,621 | 59,780 | 51,264 |
| Amortisation | |||||||||||||||
| Tax | -282,613 | 41,802 | -139,982 | 117,546 | 191,651 | -27,330 | -45,198 | -95,865 | 2,938 | -106,335 | -160,809 | ||||
| Stock | -335,232 | 15,562 | 115,507 | -333,393 | -1,803,593 | 1,234,130 | 873,840 | -534,335 | 662,579 | 26,830 | -44,706 | 61,914 | 33,297 | 27,600 | |
| Debtors | 5,690,032 | 1,373,458 | -3,366,770 | -644,153 | 202,734 | -1,090,690 | 2,154,424 | 1,869,330 | -1,009,290 | 785,470 | 1,589,623 | -44,677 | 361,250 | -47,029 | 1,198,950 |
| Creditors | 319,994 | -118,317 | 236,764 | -121,730 | -234,022 | -572,639 | -726,758 | 990,816 | -773,622 | 717,391 | -10,823 | -712,163 | 52,685 | -557,416 | 2,070,264 |
| Accruals and Deferred Income | 3,318,518 | 1,882,386 | -245,635 | -1,407,855 | 860,611 | -1,996,936 | 2,813,688 | 524,895 | -1,493,680 | 559,389 | 1,366,172 | 863,121 | |||
| Deferred Taxes & Provisions | -1,173 | 1,173 | -4,998 | -2,323 | 2,985 | 4,336 | |||||||||
| Cash flow from operations | -1,555,316 | 1,809,072 | 2,649,520 | -3,660,749 | -361,732 | 473,485 | -1,135,708 | -853,599 | -485,466 | 301,975 | 513,878 | 747,625 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -230,133 | 5 | 550,885 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,545,141 | -1,183,669 | -2,456,332 | 2,381,422 | -468,767 | 843,990 | 1,292,836 | 1,280,570 | -351,807 | 1,200,345 | -56,373 | 122,126 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -600,000 | 600,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 26,022 | 806 | 700 | 14,521 | 1,164 | 669 | 1,391 | -13,255 | -30,079 | ||||||
| cash flow from financing | 1,571,163 | -1,183,669 | -2,455,526 | 2,381,388 | -463,948 | 844,690 | 1,307,357 | 1,281,734 | -351,138 | 1,201,736 | -579,288 | 92,049 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -3,951 | 620,558 | 193,993 | -1,279,361 | -846,825 | 1,314,880 | 153,087 | 389,575 | -936,924 | 1,365,347 | -121,882 | 759,120 | -277,939 | 126,461 | 331,301 |
| overdraft | -18,128 | 18,128 | |||||||||||||
| change in cash | -3,951 | 620,558 | 193,993 | -1,279,361 | -846,825 | 1,314,880 | 153,087 | 389,575 | -936,924 | 1,383,475 | -140,010 | 759,120 | -277,939 | 126,461 | 331,301 |
wasserman experience limited Credit Report and Business Information
Wasserman Experience Limited Competitor Analysis
Perform a competitor analysis for wasserman experience limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WC2B area or any other competitors across 12 key performance metrics.
wasserman experience limited Ownership
WASSERMAN EXPERIENCE LIMITED group structure
Wasserman Experience Limited has 1 subsidiary company.
Ultimate parent company
WASSERMAN EXPERIENCE LIMITED
04996976
1 subsidiary
wasserman experience limited directors
Wasserman Experience Limited currently has 3 directors. The longest serving directors include Mr Fahri Ecvet (Jul 2013) and Ms Lenah Ueltzen (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Fahri Ecvet | United Kingdom | 39 years | Jul 2013 | - | Director |
| Ms Lenah Ueltzen | England | 47 years | Mar 2016 | - | Director |
| Mr Darrell Coetzee | England | 56 years | Aug 2017 | - | Director |
P&L
December 2023turnover
24.1m
+16%
operating profit
771.6k
-26%
gross margin
11.3%
-8.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-599.8k
-0.46%
total assets
11.2m
+1.04%
cash
1.8m
0%
net assets
Total assets minus all liabilities
wasserman experience limited company details
company number
04996976
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
73110 - Advertising agencies
incorporation date
December 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
ignite europe limited (February 2015)
ignition europe limited (March 2009)
accountant
-
auditor
GRANT THORNTON UK LLP
address
71-91 7th floor, aldwych house, aldwych, london, WC2B 4HN
Bank
-
Legal Advisor
-
wasserman experience 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 5 charges/mortgages relating to wasserman experience limited. Currently there are 2 open charges and 3 have been satisfied in the past.
wasserman experience 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 WASSERMAN EXPERIENCE LIMITED. This can take several minutes, an email will notify you when this has completed.
wasserman experience limited Companies House Filings - See Documents
| date | description | view/download |
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