poolworks (germany) ltd
poolworks (germany) ltd Company Information
Company Number
05607971
Next Accounts
Apr 2025
Shareholders
vz network holdings inc
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
85 great portland street, first floor, london, W1W 7LT
Website
www.schuelervz.netpoolworks (germany) ltd Estimated Valuation
Pomanda estimates the enterprise value of POOLWORKS (GERMANY) LTD at £46.4m based on a Turnover of £52.3m and 0.89x industry multiple (adjusted for size and gross margin).
poolworks (germany) ltd Estimated Valuation
Pomanda estimates the enterprise value of POOLWORKS (GERMANY) LTD at £0 based on an EBITDA of £-554k and a 6.48x industry multiple (adjusted for size and gross margin).
poolworks (germany) ltd Estimated Valuation
Pomanda estimates the enterprise value of POOLWORKS (GERMANY) LTD at £0 based on Net Assets of £-40.5m and 2.13x industry multiple (adjusted for liquidity).
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Poolworks (germany) Ltd Overview
Poolworks (germany) Ltd is a dissolved company that was located in london, W1W 7LT with a Companies House number of 05607971. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2005, it's largest shareholder was vz network holdings inc with a 100% stake. The last turnover for Poolworks (germany) Ltd was estimated at £52.3m.
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Poolworks (germany) Ltd Health Check
Pomanda's financial health check has awarded Poolworks (Germany) Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £52.3m, make it larger than the average company (£2.1m)
- Poolworks (germany) Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.1%)
- Poolworks (germany) Ltd
4.1% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38%)
- Poolworks (germany) Ltd
38% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (6.4%)
- Poolworks (germany) Ltd
6.4% - Industry AVG
Employees
with 166 employees, this is above the industry average (22)
- Poolworks (germany) Ltd
22 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Poolworks (germany) Ltd
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £315.2k, this is more efficient (£142.7k)
- Poolworks (germany) Ltd
£142.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
- Poolworks (germany) Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 343 days, this is slower than average (33 days)
- Poolworks (germany) Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Poolworks (germany) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Poolworks (germany) Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25223.4%, this is a higher level of debt than the average (68.4%)
25223.4% - Poolworks (germany) Ltd
68.4% - Industry AVG
POOLWORKS (GERMANY) LTD financials
Poolworks (Germany) Ltd's latest turnover from December 2016 is estimated at £52.3 million and the company has net assets of -£40.5 million. According to their latest financial statements, we estimate that Poolworks (Germany) Ltd has 166 employees and maintains cash reserves of £18.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 4,030,140 | 19,909,681 | 24,202,011 | 15,511,064 | ||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 3,495,580 | 6,612,640 | 8,554,834 | 8,080,295 | ||||
| Gross Profit | 534,559 | 13,297,040 | 15,647,178 | 7,430,768 | ||||
| Admin Expenses | 4,904,086 | 15,428,740 | 16,943,860 | 13,525,350 | ||||
| Operating Profit | -4,369,527 | -2,131,700 | -1,296,682 | -6,094,582 | ||||
| Interest Payable | 865,035 | 853,376 | 585,788 | 558,578 | ||||
| Interest Receivable | 39,189 | 61,595 | 14,628 | 9,702 | ||||
| Pre-Tax Profit | -5,195,374 | -2,923,480 | -1,867,841 | -6,643,457 | ||||
| Tax | ||||||||
| Profit After Tax | -5,195,374 | -2,923,480 | -1,867,841 | -6,643,457 | ||||
| Dividends Paid | ||||||||
| Retained Profit | -5,195,374 | -2,923,480 | -1,867,841 | -6,643,457 | ||||
| Employee Costs | 3,279,157 | 7,499,505 | 9,181,466 | 8,145,292 | ||||
| Number Of Employees | 134 | 239 | 296 | 252 | ||||
| EBITDA* | -3,985,421 | -1,497,633 | -796,144 | -5,687,502 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,097 | 13,610 | 29,532 | 82,479 | 264,501 | 734,089 | 1,107,964 | 806,512 |
| Intangible Assets | ||||||||
| Investments & Other | 81,313 | 88,207 | 823,383 | |||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 8,097 | 13,611 | 29,533 | 82,479 | 345,814 | 822,297 | 1,931,348 | 806,512 |
| Stock & work in progress | ||||||||
| Trade Debtors | 135,165 | 194,431 | 872,583 | 889,149 | 262,220 | 831,406 | 2,460,932 | 1,733,329 |
| Group Debtors | 78,642 | 1,018,919 | ||||||
| Misc Debtors | 293,671 | 231,167 | 280,958 | 119,850 | ||||
| Cash | 18,126 | 17,257 | 30,928 | 233,491 | 1,498,963 | 2,043,179 | 2,428,498 | 842,802 |
| misc current assets | ||||||||
| total current assets | 153,291 | 211,689 | 903,511 | 1,122,640 | 2,133,498 | 3,105,752 | 6,189,308 | 2,695,981 |
| total assets | 161,389 | 225,300 | 933,044 | 1,205,119 | 2,479,312 | 3,928,049 | 8,120,656 | 3,502,493 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 40,707,740 | 40,217,676 | 37,870,440 | 20,355,027 | 2,588,307 | 1,261,781 | 1,428,123 | 2,112,232 |
| Group/Directors Accounts | 14,164,412 | 12,557,775 | 12,371,254 | 11,406,835 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 809,073 | 1,511,998 | 3,094,925 | 2,150,895 | ||||
| total current liabilities | 40,707,740 | 40,217,676 | 37,870,440 | 20,355,027 | 17,561,792 | 15,331,555 | 16,894,302 | 15,669,963 |
| loans | 12,696,653 | 13,265,236 | 12,970,761 | 9,441,530 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 15,586,099 | |||||||
| provisions | 56,004 | 55,259 | 208,617 | 56,264 | 301,706 | 380,752 | ||
| total long term liabilities | 56,005 | 15,641,359 | 12,905,271 | 13,321,501 | 13,272,468 | 9,822,284 | ||
| total liabilities | 40,707,740 | 40,217,676 | 37,926,445 | 35,996,387 | 30,467,063 | 28,653,056 | 30,166,771 | 25,492,247 |
| net assets | -40,546,351 | -39,992,376 | -36,993,401 | -34,791,267 | -27,987,751 | -24,725,007 | -22,046,114 | -21,989,754 |
| total shareholders funds | -40,546,351 | -39,992,376 | -36,993,401 | -34,791,267 | -27,987,751 | -24,725,007 | -22,046,114 | -21,989,754 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -4,369,527 | -2,131,700 | -1,296,682 | -6,094,582 | ||||
| Depreciation | 16,994 | 54,058 | 221,143 | 384,106 | 634,067 | 500,538 | 407,080 | |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -59,266 | -678,151 | -16,566 | 254,614 | -428,039 | -2,698,237 | 1,907,631 | 1,853,179 |
| Creditors | 490,064 | 2,347,236 | 17,515,412 | 17,766,721 | 1,326,525 | -166,342 | -684,109 | 2,112,232 |
| Accruals and Deferred Income | -809,073 | -702,925 | -1,582,927 | 944,030 | 2,150,895 | |||
| Deferred Taxes & Provisions | -56,004 | 745 | -153,358 | 152,353 | -245,442 | -79,046 | 380,752 | |
| Cash flow from operations | -2,781,429 | -794,107 | -2,522,900 | -2,896,802 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -81,313 | -6,895 | -735,176 | 823,383 | ||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -14,164,412 | 1,606,637 | 186,521 | 964,419 | 11,406,835 | |||
| Other Short Term Loans | ||||||||
| Long term loans | -12,696,653 | -568,583 | 294,475 | 3,529,231 | 9,441,530 | |||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -15,586,099 | 15,586,099 | ||||||
| share issue | ||||||||
| interest | -825,846 | -791,781 | -571,160 | -548,876 | ||||
| cash flow from financing | 2,144,837 | -66,197 | 5,733,970 | 4,953,192 | ||||
| cash and cash equivalents | ||||||||
| cash | 869 | -13,671 | -202,563 | -1,265,472 | -544,216 | -385,319 | 1,585,697 | 842,802 |
| overdraft | ||||||||
| change in cash | 869 | -13,671 | -202,563 | -1,265,472 | -544,216 | -385,319 | 1,585,697 | 842,802 |
poolworks (germany) ltd Credit Report and Business Information
Poolworks (germany) Ltd Competitor Analysis
Perform a competitor analysis for poolworks (germany) ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in W1W area or any other competitors across 12 key performance metrics.
poolworks (germany) ltd Ownership
POOLWORKS (GERMANY) LTD group structure
Poolworks (Germany) Ltd has no subsidiary companies.
Ultimate parent company
VERT CAPITAL INC
#0086479
VZ NETWORK HOLDINGS INC
#0077979
2 parents
POOLWORKS (GERMANY) LTD
05607971
poolworks (germany) ltd directors
Poolworks (Germany) Ltd currently has 2 directors. The longest serving directors include Mr Kurt Neubauer (Feb 2017) and Mr Tim Williams (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kurt Neubauer | England | 73 years | Feb 2017 | - | Director |
| Mr Tim Williams | England | 70 years | Apr 2017 | - | Director |
P&L
December 2016turnover
52.3m
-2%
operating profit
-554k
0%
gross margin
17.4%
+6.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-40.5m
+0.01%
total assets
161.4k
-0.28%
cash
18.1k
+0.05%
net assets
Total assets minus all liabilities
poolworks (germany) ltd company details
company number
05607971
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2005
age
20
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2016
previous names
vz netzwerke limited (June 2012)
vznet netzwerke ltd (May 2011)
accountant
-
auditor
-
address
85 great portland street, first floor, london, W1W 7LT
Bank
-
Legal Advisor
-
poolworks (germany) ltd 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 poolworks (germany) ltd.
poolworks (germany) ltd 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 POOLWORKS (GERMANY) LTD. This can take several minutes, an email will notify you when this has completed.
poolworks (germany) ltd Companies House Filings - See Documents
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