wgl developments limited
wgl developments limited Company Information
Company Number
05709274
Next Accounts
Apr 2026
Shareholders
carl watson
wendy watson
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
39/43 bridge street, swinton, mexborough, S64 8AP
Website
-wgl developments limited Estimated Valuation
Pomanda estimates the enterprise value of WGL DEVELOPMENTS LIMITED at £1.4m based on a Turnover of £338.9k and 4.21x industry multiple (adjusted for size and gross margin).
wgl developments limited Estimated Valuation
Pomanda estimates the enterprise value of WGL DEVELOPMENTS LIMITED at £384.8k based on an EBITDA of £52.6k and a 7.32x industry multiple (adjusted for size and gross margin).
wgl developments limited Estimated Valuation
Pomanda estimates the enterprise value of WGL DEVELOPMENTS LIMITED at £855k based on Net Assets of £477.4k and 1.79x industry multiple (adjusted for liquidity).
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Wgl Developments Limited Overview
Wgl Developments Limited is a live company located in mexborough, S64 8AP with a Companies House number of 05709274. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in February 2006, it's largest shareholder is carl watson with a 50% stake. Wgl Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £338.9k with healthy growth in recent years.
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Wgl Developments Limited Health Check
Pomanda's financial health check has awarded Wgl Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £338.9k, make it smaller than the average company (£1.5m)
- Wgl Developments Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.4%)
- Wgl Developments Limited
6.4% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)
- Wgl Developments Limited
63.5% - Industry AVG
Profitability
an operating margin of 7.1% make it less profitable than the average company (18.7%)
- Wgl Developments Limited
18.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Wgl Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)
- Wgl Developments Limited
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £169.5k, this is equally as efficient (£169.5k)
- Wgl Developments Limited
£169.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wgl Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wgl Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wgl Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (20 weeks)
6 weeks - Wgl Developments Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.9%, this is a lower level of debt than the average (67.9%)
39.9% - Wgl Developments Limited
67.9% - Industry AVG
WGL DEVELOPMENTS LIMITED financials
Wgl Developments Limited's latest turnover from July 2024 is estimated at £338.9 thousand and the company has net assets of £477.4 thousand. According to their latest financial statements, Wgl Developments Limited has 2 employees and maintains cash reserves of £26 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 96,584 | 122,582 | 60,750 | 824,401 | 947,152 | 872,598 | 554,715 | 377,944 | 387,194 | 396,444 | 405,694 | 414,944 | 424,194 | 433,444 | 442,694 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 657,807 | 633,929 | 810,299 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 754,391 | 756,511 | 871,049 | 824,401 | 947,152 | 872,598 | 554,715 | 377,944 | 387,194 | 396,444 | 405,694 | 414,944 | 424,194 | 433,444 | 442,694 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 5,400 | 5,400 | 12,572 | 1,402 | 72 | 70 | 85 | 85 | 93 | 93 | 30,079 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 14,252 | 10,650 | 212 | 7,706 | 79 | 194 | |||||||||
| Cash | 25,952 | 23,055 | 33,364 | 21,957 | 12,597 | 33,870 | 1,416 | 851 | 1,406 | 2,791 | 3,424 | 3,101 | 2,673 | ||
| misc current assets | |||||||||||||||
| total current assets | 40,204 | 33,705 | 33,576 | 29,663 | 18,076 | 39,464 | 12,572 | 1,402 | 1,488 | 921 | 1,491 | 2,876 | 3,517 | 3,194 | 32,752 |
| total assets | 794,595 | 790,216 | 904,625 | 854,064 | 965,228 | 912,062 | 567,287 | 379,346 | 388,682 | 397,365 | 407,185 | 417,820 | 427,711 | 436,638 | 475,446 |
| Bank overdraft | |||||||||||||||
| Bank loan | 3,650 | 3,650 | 3,650 | 3,650 | 3,650 | 3,650 | |||||||||
| Trade Creditors | 74,788 | 172,956 | 160,026 | 156,498 | 153,760 | 145,048 | 142,366 | 134,275 | 121,911 | 132,473 | |||||
| Group/Directors Accounts | 126,676 | 141,528 | 241,528 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 6,827 | ||||||||||||||
| other current liabilities | 212,463 | 209,881 | 15,104 | 525,978 | 567,913 | 68,745 | |||||||||
| total current liabilities | 216,113 | 213,531 | 152,257 | 671,156 | 813,091 | 147,183 | 172,956 | 160,026 | 156,498 | 153,760 | 145,048 | 142,366 | 134,275 | 121,911 | 132,473 |
| loans | 29,732 | 32,960 | 36,729 | 40,820 | 44,914 | 182,852 | 190,828 | 205,362 | 224,598 | 243,431 | 261,151 | ||||
| hp & lease commitments | 48,733 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 53,033 | 61,405 | 718,167 | 425,842 | 262,761 | 91,886 | 93,985 | 96,901 | 89,473 | 87,073 | 85,057 | 365,335 | |||
| provisions | 18,351 | 21,074 | |||||||||||||
| total long term liabilities | 101,116 | 115,439 | 85,462 | 40,820 | 44,914 | 718,167 | 425,842 | 262,761 | 274,738 | 284,813 | 302,263 | 314,071 | 330,504 | 346,208 | 365,335 |
| total liabilities | 317,229 | 328,970 | 237,719 | 711,976 | 858,005 | 865,350 | 598,798 | 422,787 | 431,236 | 438,573 | 447,311 | 456,437 | 464,779 | 468,119 | 497,808 |
| net assets | 477,366 | 461,246 | 666,906 | 142,088 | 107,223 | 46,712 | -31,511 | -43,441 | -42,554 | -41,208 | -40,126 | -38,617 | -37,068 | -31,481 | -22,362 |
| total shareholders funds | 477,366 | 461,246 | 666,906 | 142,088 | 107,223 | 46,712 | -31,511 | -43,441 | -42,554 | -41,208 | -40,126 | -38,617 | -37,068 | -31,481 | -22,362 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 28,434 | 36,972 | 39,251 | 19,005 | 30,123 | 19,092 | 9,250 | 9,250 | 9,250 | 9,250 | 9,250 | 9,250 | 8,975 | ||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 3,602 | 10,438 | -7,494 | 2,227 | -115 | -6,978 | 11,170 | 1,330 | 2 | -15 | -8 | -29,986 | 30,079 | ||
| Creditors | -74,788 | -98,168 | 12,930 | 3,528 | 2,738 | 8,712 | 2,682 | 8,091 | 12,364 | -10,562 | 132,473 | ||||
| Accruals and Deferred Income | 2,582 | 194,777 | -510,874 | -41,935 | 499,168 | 68,745 | |||||||||
| Deferred Taxes & Provisions | -2,723 | 21,074 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 23,878 | -176,370 | 810,299 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 3,650 | ||||||||||||||
| Group/Directors Accounts | -126,676 | -14,852 | -100,000 | 241,528 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -3,228 | -3,769 | -4,091 | -4,094 | 44,914 | -182,852 | -7,976 | -14,534 | -19,236 | -18,833 | -17,720 | 261,151 | |||
| Hire Purchase and Lease Commitments | -55,560 | 55,560 | |||||||||||||
| other long term liabilities | -8,372 | 61,405 | -718,167 | 292,325 | 163,081 | 170,875 | -2,099 | -2,916 | 7,428 | 2,400 | 2,016 | -280,278 | 365,335 | ||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 2,897 | -10,309 | 11,407 | 9,360 | -21,273 | 33,870 | -1,416 | 565 | -555 | -1,385 | -633 | 323 | 428 | 2,673 | |
| overdraft | |||||||||||||||
| change in cash | 2,897 | -10,309 | 11,407 | 9,360 | -21,273 | 33,870 | -1,416 | 565 | -555 | -1,385 | -633 | 323 | 428 | 2,673 |
wgl developments limited Credit Report and Business Information
Wgl Developments Limited Competitor Analysis
Perform a competitor analysis for wgl developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in S64 area or any other competitors across 12 key performance metrics.
wgl developments limited Ownership
WGL DEVELOPMENTS LIMITED group structure
Wgl Developments Limited has no subsidiary companies.
Ultimate parent company
WGL DEVELOPMENTS LIMITED
05709274
wgl developments limited directors
Wgl Developments Limited currently has 2 directors. The longest serving directors include Mr Carl Watson (Feb 2006) and Mrs Wendy Watson (May 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Watson | England | 50 years | Feb 2006 | - | Director |
| Mrs Wendy Watson | England | 49 years | May 2007 | - | Director |
P&L
July 2024turnover
338.9k
+4%
operating profit
24.1k
0%
gross margin
63.5%
-6.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
477.4k
+0.03%
total assets
794.6k
+0.01%
cash
26k
+0.13%
net assets
Total assets minus all liabilities
wgl developments limited company details
company number
05709274
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
February 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
N/A
accountant
BREARLEY & CO ACCOUNTANTS LIMITED
auditor
-
address
39/43 bridge street, swinton, mexborough, S64 8AP
Bank
HANDELSBANKEN
Legal Advisor
-
wgl developments 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 wgl developments limited. Currently there are 1 open charges and 4 have been satisfied in the past.
wgl developments 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.
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wgl developments limited Companies House Filings - See Documents
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