worth more limited Company Information
Company Number
05391677
Website
www.worthnewyork.comRegistered Address
6th floor, amp house, dingwall road, croydon, CR0 2LX
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mrs satinder pal kaur sidhu 66%
subhraj sidhu 19%
View Allworth more limited Estimated Valuation
Pomanda estimates the enterprise value of WORTH MORE LIMITED at £12.2m based on a Turnover of £5.9m and 2.06x industry multiple (adjusted for size and gross margin).
worth more limited Estimated Valuation
Pomanda estimates the enterprise value of WORTH MORE LIMITED at £899.8k based on an EBITDA of £192.9k and a 4.66x industry multiple (adjusted for size and gross margin).
worth more limited Estimated Valuation
Pomanda estimates the enterprise value of WORTH MORE LIMITED at £4.9m based on Net Assets of £3.2m and 1.53x industry multiple (adjusted for liquidity).
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Worth More Limited Overview
Worth More Limited is a live company located in croydon, CR0 2LX with a Companies House number of 05391677. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2005, it's largest shareholder is mrs satinder pal kaur sidhu with a 66% stake. Worth More Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.9m with declining growth in recent years.
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Worth More Limited Health Check
Pomanda's financial health check has awarded Worth More Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £5.9m, make it larger than the average company (£717.9k)
- Worth More Limited
£717.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1.2%)
- Worth More Limited
1.2% - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (70.9%)
- Worth More Limited
70.9% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (43.9%)
- Worth More Limited
43.9% - Industry AVG
Employees
with 15 employees, this is above the industry average (4)
- Worth More Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Worth More Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £395.9k, this is more efficient (£161.1k)
- Worth More Limited
£161.1k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (34 days)
- Worth More Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (36 days)
- Worth More Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worth More Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Worth More Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.7%, this is a similar level of debt than the average (66.8%)
60.7% - Worth More Limited
66.8% - Industry AVG
worth more limited Credit Report and Business Information
Worth More Limited Competitor Analysis
Perform a competitor analysis for worth more limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
worth more limited Ownership
WORTH MORE LIMITED group structure
Worth More Limited has no subsidiary companies.
Ultimate parent company
WORTH MORE LIMITED
05391677
worth more limited directors
Worth More Limited currently has 2 directors. The longest serving directors include Mr Manmohan Sidhu (Mar 2015) and Mr Subhraj Sidhu (Mar 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Manmohan Sidhu | United Kingdom | 63 years | Mar 2015 | - | Director |
Mr Subhraj Sidhu | United Kingdom | 37 years | Mar 2020 | - | Director |
WORTH MORE LIMITED financials
Worth More Limited's latest turnover from September 2022 is estimated at £5.9 million and the company has net assets of £3.2 million. According to their latest financial statements, we estimate that Worth More Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,502,517 | 6,493,813 | 6,501,161 | 5,777,803 | 5,772,491 | 5,772,354 | 47,950 | 46,629 | 5,071,826 | 5,019,470 | 5,347,689 | 5,351,391 | 4,647,754 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 5,725,027 | 5,460,002 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,502,517 | 6,493,813 | 6,501,161 | 5,777,803 | 5,772,491 | 5,772,354 | 5,772,977 | 5,506,631 | 5,071,826 | 5,019,470 | 5,347,689 | 5,351,391 | 4,647,754 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,592,331 | 1,310,823 | 2,217,977 | 2,117,226 | 974,747 | 570,263 | 572,629 | 454,068 | 270,215 | 9,739 | 163,844 | 180,638 | 186,904 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 11,503 | 11,503 | 11,877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 2,185 | 333,599 | 15,777 | 52,743 | 8,277 | 0 | 1,898 |
misc current assets | 0 | 0 | 0 | 11,503 | 18,753 | 7,471 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,603,834 | 1,322,326 | 2,229,854 | 2,128,729 | 993,500 | 577,734 | 574,814 | 787,667 | 285,992 | 62,482 | 172,121 | 180,638 | 188,802 |
total assets | 8,106,351 | 7,816,139 | 8,731,015 | 7,906,532 | 6,765,991 | 6,350,088 | 6,347,791 | 6,294,298 | 5,357,818 | 5,081,952 | 5,519,810 | 5,532,029 | 4,836,556 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,282,382 | 1,042,281 | 720,745 | 746,803 | 1,423,430 | 2,761,103 | 1,067,106 | 1,116,757 | 912,861 | 970,783 | 935,456 | 328,891 | 470,006 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 540,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,282,382 | 1,042,281 | 720,745 | 746,803 | 1,423,430 | 3,301,713 | 1,067,106 | 1,116,757 | 912,861 | 970,783 | 935,456 | 328,891 | 470,006 |
loans | 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 |
Accruals and Deferred Income | 9,167 | 0 | 0 | 184,886 | 160,904 | 92,635 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 3,630,354 | 3,745,667 | 5,008,590 | 3,959,008 | 2,155,806 | 0 | 2,396,486 | 2,613,842 | 2,305,609 | 2,386,775 | 2,360,252 | 3,157,560 | 3,695,487 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 3,639,521 | 3,745,667 | 5,008,590 | 4,143,894 | 2,316,710 | 92,635 | 2,396,486 | 2,613,842 | 2,305,609 | 2,386,775 | 2,360,252 | 3,157,560 | 3,695,487 |
total liabilities | 4,921,903 | 4,787,948 | 5,729,335 | 4,890,697 | 3,740,140 | 3,394,348 | 3,463,592 | 3,730,599 | 3,218,470 | 3,357,558 | 3,295,708 | 3,486,451 | 4,165,493 |
net assets | 3,184,448 | 3,028,191 | 3,001,680 | 3,015,835 | 3,025,851 | 2,955,740 | 2,884,199 | 2,563,699 | 2,139,348 | 1,724,394 | 2,224,102 | 2,045,578 | 671,063 |
total shareholders funds | 3,184,448 | 3,028,191 | 3,001,680 | 3,015,835 | 3,025,851 | 2,955,740 | 2,884,199 | 2,563,699 | 2,139,348 | 1,724,394 | 2,224,102 | 2,045,578 | 671,063 |
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 2,472 | 3,537 | 2,884 | 3,157 | 3,702 | 3,292 | 4,218 | ||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Tax | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 281,508 | -907,528 | 112,628 | 1,142,479 | 404,484 | -2,366 | 118,561 | 183,853 | 260,476 | -154,105 | -16,794 | -6,266 | 186,904 |
Creditors | 240,101 | 321,536 | -26,058 | -676,627 | -1,337,673 | 1,693,997 | -49,651 | 203,896 | -57,922 | 35,327 | 606,565 | -141,115 | 470,006 |
Accruals and Deferred Income | 9,167 | 0 | -184,886 | 23,982 | 68,269 | 92,635 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -5,725,027 | 265,025 | 5,460,002 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -540,610 | 540,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 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 |
other long term liabilities | -115,313 | -1,262,923 | 1,049,582 | 1,803,202 | 2,155,806 | -2,396,486 | -217,356 | 308,233 | -81,166 | 26,523 | -797,308 | -537,927 | 3,695,487 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | -2,185 | -331,414 | 317,822 | -36,966 | 44,466 | 8,277 | -1,898 | 1,898 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | -2,185 | -331,414 | 317,822 | -36,966 | 44,466 | 8,277 | -1,898 | 1,898 |
P&L
September 2022turnover
5.9m
+74%
operating profit
192.9k
0%
gross margin
27%
+1.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
3.2m
+0.05%
total assets
8.1m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
worth more limited company details
company number
05391677
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2005
age
19
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
6th floor, amp house, dingwall road, croydon, CR0 2LX
last accounts submitted
September 2022
worth more 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 28 charges/mortgages relating to worth more limited. Currently there are 27 open charges and 1 have been satisfied in the past.
worth more limited Companies House Filings - See Documents
date | description | view/download |
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