worth more limited

3.5

worth more limited Company Information

Share WORTH MORE LIMITED
Live 
EstablishedMidDeclining

Company Number

05391677

Registered 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

Directors

Manmohan Sidhu9 Years

Subhraj Sidhu4 Years

Shareholders

mrs satinder pal kaur sidhu 66%

subhraj sidhu 19%

View All

worth more limited Estimated Valuation

£12.2m

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

£899.8k

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

£4.9m

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).

Valuation Calculator
This valuation is estimated based on financial data from September 2022 

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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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £5.9m, make it larger than the average company (£717.9k)

£5.9m - Worth More Limited

£717.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1.2%)

-3% - Worth More Limited

1.2% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a higher cost of product (70.9%)

26.9% - Worth More Limited

70.9% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (43.9%)

3.3% - Worth More Limited

43.9% - Industry AVG

employees

Employees

with 15 employees, this is above the industry average (4)

15 - Worth More Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Worth More Limited

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £395.9k, this is more efficient (£161.1k)

£395.9k - Worth More Limited

£161.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (34 days)

97 days - Worth More Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 107 days, this is slower than average (36 days)

107 days - Worth More Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Worth More Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Worth More Limited

- - Industry AVG

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Worth More Limited Competitor Analysis

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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 Shareholders

mrs satinder pal kaur sidhu 66%
subhraj sidhu 19%
poonam sidhu 15%

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).

officercountryagestartendrole
Mr Manmohan SidhuUnited Kingdom63 years Mar 2015- Director
Mr Subhraj SidhuUnited Kingdom37 years Mar 2020- Director

WORTH MORE LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Oct 2012Mar 2011Mar 2010
Turnover5,938,4003,414,2306,284,4046,484,0203,039,1932,946,8872,648,5792,273,8161,455,723379,629989,929816,010873,212
Other Income Or Grants0000000000000
Cost Of Sales4,340,4932,506,6104,492,2764,605,6342,122,0091,996,4661,771,1351,614,8221,056,069279,364727,375572,755597,153
Gross Profit1,597,907907,6201,792,1281,878,386917,183950,421877,445658,993399,654100,266262,554243,254276,059
Admin Expenses1,404,997874,8901,806,2831,888,402830,626-2,057,580808,490629,428-62,142268,60927,675239,723190,547
Operating Profit192,91032,730-14,155-10,01686,5573,008,00168,95529,565461,796-168,343234,8793,53185,512
Interest Payable0000000000000
Interest Receivable0000034208731711532155
Pre-Tax Profit192,91032,730-14,155-10,01686,5573,008,00469,37530,439461,967-168,190234,9003,53685,517
Tax-36,653-6,21900-16,446-571,521-13,875-6,088-97,0130-56,376-990-23,945
Profit After Tax156,25726,511-14,155-10,01670,1112,436,48355,50024,351364,954-168,190178,5242,54661,572
Dividends Paid0000000000000
Retained Profit156,25726,511-14,155-10,01670,1112,436,48355,50024,351364,954-168,190178,5242,54661,572
Employee Costs456,42556,80155,52457,29155,018259,034210,779158,841101,35048,00072,96569,75473,015
Number Of Employees152222108642333
EBITDA*192,91032,730-14,155-10,01686,5573,008,00171,42733,102464,680-165,186238,5816,82389,730

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Oct 2012Mar 2011Mar 2010
Tangible Assets6,502,5176,493,8136,501,1615,777,8035,772,4915,772,35447,95046,6295,071,8265,019,4705,347,6895,351,3914,647,754
Intangible Assets0000000000000
Investments & Other0000005,725,0275,460,00200000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets6,502,5176,493,8136,501,1615,777,8035,772,4915,772,3545,772,9775,506,6315,071,8265,019,4705,347,6895,351,3914,647,754
Stock & work in progress0000000000000
Trade Debtors1,592,3311,310,8232,217,9772,117,226974,747570,263572,629454,068270,2159,739163,844180,638186,904
Group Debtors0000000000000
Misc Debtors11,50311,50311,8770000000000
Cash0000002,185333,59915,77752,7438,27701,898
misc current assets00011,50318,7537,4710000000
total current assets1,603,8341,322,3262,229,8542,128,729993,500577,734574,814787,667285,99262,482172,121180,638188,802
total assets8,106,3517,816,1398,731,0157,906,5326,765,9916,350,0886,347,7916,294,2985,357,8185,081,9525,519,8105,532,0294,836,556
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 1,282,3821,042,281720,745746,8031,423,4302,761,1031,067,1061,116,757912,861970,783935,456328,891470,006
Group/Directors Accounts00000540,6100000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities1,282,3821,042,281720,745746,8031,423,4303,301,7131,067,1061,116,757912,861970,783935,456328,891470,006
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income9,16700184,886160,90492,6350000000
other liabilities3,630,3543,745,6675,008,5903,959,0082,155,80602,396,4862,613,8422,305,6092,386,7752,360,2523,157,5603,695,487
provisions0000000000000
total long term liabilities3,639,5213,745,6675,008,5904,143,8942,316,71092,6352,396,4862,613,8422,305,6092,386,7752,360,2523,157,5603,695,487
total liabilities4,921,9034,787,9485,729,3354,890,6973,740,1403,394,3483,463,5923,730,5993,218,4703,357,5583,295,7083,486,4514,165,493
net assets3,184,4483,028,1913,001,6803,015,8353,025,8512,955,7402,884,1992,563,6992,139,3481,724,3942,224,1022,045,578671,063
total shareholders funds3,184,4483,028,1913,001,6803,015,8353,025,8512,955,7402,884,1992,563,6992,139,3481,724,3942,224,1022,045,578671,063
Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Oct 2012Mar 2011Mar 2010
Operating Activities
Operating Profit192,91032,730-14,155-10,01686,5573,008,00168,95529,565461,796-168,343234,8793,53185,512
Depreciation0000002,4723,5372,8843,1573,7023,2924,218
Amortisation0000000000000
Tax-36,653-6,21900-16,446-571,521-13,875-6,088-97,0130-56,376-990-23,945
Stock0000000000000
Debtors281,508-907,528112,6281,142,479404,484-2,366118,561183,853260,476-154,105-16,794-6,266186,904
Creditors240,101321,536-26,058-676,627-1,337,6731,693,997-49,651203,896-57,92235,327606,565-141,115470,006
Accruals and Deferred Income9,1670-184,88623,98268,26992,6350000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations124,0171,255,575-337,727-1,805,140-1,603,7774,225,478-110,66047,05749,26924,246805,564-129,016348,887
Investing Activities
capital expenditure-8,7047,348-723,358-5,312-137-5,724,404-3,7935,021,660-55,240325,0620-706,929-4,651,972
Change in Investments00000-5,725,027265,0255,460,00200000
cash flow from investments-8,7047,348-723,358-5,312-137623-268,818-438,342-55,240325,0620-706,929-4,651,972
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000-540,610540,6100000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities-115,313-1,262,9231,049,5821,803,2022,155,806-2,396,486-217,356308,233-81,16626,523-797,308-537,9273,695,487
share issue00000-2,364,942265,000400,00050,000-331,51801,371,969609,491
interest0000034208731711532155
cash flow from financing-115,313-1,262,9231,049,5821,803,2021,615,196-4,220,81548,064709,106-30,995-304,842-797,287834,0474,304,983
cash and cash equivalents
cash00000-2,185-331,414317,822-36,96644,4668,277-1,8981,898
overdraft0000000000000
change in cash00000-2,185-331,414317,822-36,96644,4668,277-1,8981,898

P&L

September 2022

turnover

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 2022

net 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

None

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.

charges

worth more limited Companies House Filings - See Documents

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