we hub building
we hub building Company Information
Group Structure
View All
Industry
Technical and vocational secondary education
Registered Address
first floor, winston house, 349 regents park road, london, N3 1DH
Website
http://theworkavenue.org.ukwe hub building Estimated Valuation
Pomanda estimates the enterprise value of WE HUB BUILDING at £1.9m based on a Turnover of £2.3m and 0.86x industry multiple (adjusted for size and gross margin).
we hub building Estimated Valuation
Pomanda estimates the enterprise value of WE HUB BUILDING at £17m based on an EBITDA of £3m and a 5.65x industry multiple (adjusted for size and gross margin).
we hub building Estimated Valuation
Pomanda estimates the enterprise value of WE HUB BUILDING at £10.1m based on Net Assets of £3.8m and 2.62x industry multiple (adjusted for liquidity).
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We Hub Building Overview
We Hub Building is a live company located in london, N3 1DH with a Companies House number of 05793761. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in April 2006, it's largest shareholder is unknown. We Hub Building is a established, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.
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We Hub Building Health Check
Pomanda's financial health check has awarded We Hub Building a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
1 Weak
Size
annual sales of £2.3m, make it larger than the average company (£758.3k)
£2.3m - We Hub Building
£758.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (6.2%)
79% - We Hub Building
6.2% - Industry AVG
Production
with a gross margin of 54.8%, this company has a comparable cost of product (54.8%)
54.8% - We Hub Building
54.8% - Industry AVG
Profitability
an operating margin of 133.4% make it more profitable than the average company (3.5%)
133.4% - We Hub Building
3.5% - Industry AVG
Employees
with 34 employees, this is above the industry average (14)
- We Hub Building
14 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- We Hub Building
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £66.4k, this is equally as efficient (£66.4k)
- We Hub Building
£66.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - We Hub Building
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - We Hub Building
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - We Hub Building
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (72 weeks)
19 weeks - We Hub Building
72 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.2%, this is a lower level of debt than the average (32.1%)
17.2% - We Hub Building
32.1% - Industry AVG
WE HUB BUILDING financials
We Hub Building's latest turnover from December 2023 is £2.3 million and the company has net assets of £3.8 million. According to their latest financial statements, we estimate that We Hub Building has 34 employees and maintains cash reserves of £302.6 thousand 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 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,258,486 | 0 | 0 | 392,000 | 87,022 | 97,852 | 473,788 | 145,278 | 750,955 | 685,040 | 610,651 | 542,320 | 498,263 | 557,207 | 423,846 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,278,979 | -2,269 | -2,269 | 389,709 | 77,191 | 95,385 | 465,688 | 106,249 | 131,648 | 108,006 | 23,618 | -806 | -916 | -13,428 | -72,849 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 2,278,979 | -2,269 | -2,269 | 389,709 | 77,191 | 95,385 | 465,688 | 106,249 | 131,648 | 108,006 | 23,618 | -806 | -916 | -13,428 | -72,849 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,278,979 | -2,269 | -2,269 | 389,709 | 77,191 | 95,385 | 465,688 | 106,249 | 131,648 | 108,006 | 23,618 | -806 | -916 | -13,428 | -72,849 |
| Employee Costs | 0 | 345,282 | 252,822 | 239,454 | 212,701 | 167,182 | 179,057 | 180,512 | |||||||
| Number Of Employees | 6 | 6 | 7 | 5 | 4 | 5 | 5 | ||||||||
| EBITDA* |
* 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 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,869 | 34,579 | 29,806 | 27,221 | 33,494 | 40,385 | 42,752 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 374,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 374,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,869 | 34,579 | 29,806 | 27,221 | 33,494 | 40,385 | 42,752 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,971,260 | 1,560,263 | 1,473,083 | 1,484,858 | 1,059,665 | 981,468 | 901,309 | 903,423 | 270,429 | 21,795 | 14,183 | 9,185 | 30,246 | 49,920 | 34,664 |
| Cash | 302,621 | 713,618 | 800,798 | 967 | 38,551 | 36,433 | 23,308 | 3,405 | 77,091 | 188,207 | 92,216 | 69,671 | 49,762 | 31,278 | 66,212 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,273,881 | 2,273,881 | 2,273,881 | 1,485,825 | 1,098,216 | 1,017,901 | 924,617 | 906,828 | 347,589 | 210,002 | 106,399 | 78,856 | 80,008 | 81,198 | 100,876 |
| total assets | 4,648,557 | 2,273,881 | 2,273,881 | 1,485,825 | 1,098,216 | 1,017,901 | 924,617 | 906,828 | 380,458 | 244,581 | 136,205 | 106,077 | 113,502 | 121,583 | 143,628 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 135 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,161 | 8,920 | 17,562 | 11,797 | 19,775 | 5,303 | 9,929 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 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 | 0 | 0 |
| other current liabilities | 801,227 | 795,718 | 793,449 | 3,124 | 5,224 | 2,100 | 4,201 | 452,100 | 13,818 | 18,830 | 9,818 | 9,073 | 7,764 | 11,076 | 14,932 |
| total current liabilities | 801,227 | 795,718 | 793,449 | 3,124 | 5,224 | 2,100 | 4,201 | 452,100 | 31,979 | 27,750 | 27,380 | 20,870 | 27,539 | 16,379 | 24,996 |
| loans | 0 | 0 | 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 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 801,227 | 795,718 | 793,449 | 3,124 | 5,224 | 2,100 | 4,201 | 452,100 | 31,979 | 27,750 | 27,380 | 20,870 | 27,539 | 16,379 | 24,996 |
| net assets | 3,847,330 | 1,478,163 | 1,480,432 | 1,482,701 | 1,092,992 | 1,015,801 | 920,416 | 454,728 | 348,479 | 216,831 | 108,825 | 85,207 | 85,963 | 105,204 | 118,632 |
| total shareholders funds | 3,847,330 | 1,478,163 | 1,480,432 | 1,482,701 | 1,092,992 | 1,015,801 | 920,416 | 454,728 | 348,479 | 216,831 | 108,825 | 85,207 | 85,963 | 105,204 | 118,632 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,676 | 11,995 | 8,757 | 6,438 | 8,350 | 10,690 | 10,417 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,410,997 | 87,180 | -11,775 | 425,193 | 78,197 | 80,159 | -2,114 | 632,994 | 248,634 | 7,612 | 4,998 | -21,061 | -19,674 | 15,256 | 34,664 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,161 | 9,241 | -8,642 | 5,765 | -7,978 | 14,472 | -4,626 | 9,929 |
| Accruals and Deferred Income | 5,509 | 2,269 | 790,325 | -2,100 | 3,124 | -2,101 | -447,899 | 438,282 | -5,012 | 9,012 | 745 | 1,309 | -3,312 | -3,856 | 14,932 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 374,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 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 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 90,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | -18,325 | 0 | 191,481 |
| cash and cash equivalents | |||||||||||||||
| cash | -410,997 | -87,180 | 799,831 | -37,584 | 2,118 | 13,125 | 19,903 | -73,686 | -111,116 | 95,991 | 22,545 | 19,909 | 18,484 | -34,934 | 66,212 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -135 | 135 |
| change in cash | -410,997 | -87,180 | 799,831 | -37,584 | 2,118 | 13,125 | 19,903 | -73,686 | -111,116 | 95,991 | 22,545 | 19,909 | 18,484 | -34,799 | 66,077 |
we hub building Credit Report and Business Information
We Hub Building Competitor Analysis
Perform a competitor analysis for we hub building by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
we hub building Ownership
WE HUB BUILDING group structure
We Hub Building has no subsidiary companies.
Ultimate parent company
WE HUB BUILDING
05793761
we hub building directors
We Hub Building currently has 2 directors. The longest serving directors include Mr Mark Morris (Mar 2007) and Mr Paul Mann (Feb 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Morris | England | 56 years | Mar 2007 | - | Director |
| Mr Paul Mann | England | 56 years | Feb 2012 | - | Director |
P&L
December 2023turnover
2.3m
0%
operating profit
3m
0%
gross margin
54.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.8m
+1.6%
total assets
4.6m
+1.04%
cash
302.6k
-0.58%
net assets
Total assets minus all liabilities
we hub building company details
company number
05793761
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
April 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
train for employment (March 2016)
training in employment limited (March 2007)
accountant
-
auditor
MELINEK FINE LLP
address
first floor, winston house, 349 regents park road, london, N3 1DH
Bank
-
Legal Advisor
-
we hub building 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 1 charges/mortgages relating to we hub building. Currently there are 1 open charges and 0 have been satisfied in the past.
we hub building 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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we hub building Companies House Filings - See Documents
| date | description | view/download |
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