walk over water limited Company Information
Company Number
06047326
Website
-Registered Address
six ways business centre, 1 guildford street, birmingham, B19 2HN
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Darius Mosavi17 Years
Shareholders
darius hasan mosavi 100%
walk over water limited Estimated Valuation
Pomanda estimates the enterprise value of WALK OVER WATER LIMITED at £56.8k based on a Turnover of £112.8k and 0.5x industry multiple (adjusted for size and gross margin).
walk over water limited Estimated Valuation
Pomanda estimates the enterprise value of WALK OVER WATER LIMITED at £0 based on an EBITDA of £-46.3k and a 3.83x industry multiple (adjusted for size and gross margin).
walk over water limited Estimated Valuation
Pomanda estimates the enterprise value of WALK OVER WATER LIMITED at £0 based on Net Assets of £-281.4k and 3.04x industry multiple (adjusted for liquidity).
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Walk Over Water Limited Overview
Walk Over Water Limited is a live company located in birmingham, B19 2HN with a Companies House number of 06047326. It operates in the licenced restaurants sector, SIC Code 56101. Founded in January 2007, it's largest shareholder is darius hasan mosavi with a 100% stake. Walk Over Water Limited is a established, micro sized company, Pomanda has estimated its turnover at £112.8k with healthy growth in recent years.
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Walk Over Water Limited Health Check
Pomanda's financial health check has awarded Walk Over Water Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £112.8k, make it smaller than the average company (£1.6m)
- Walk Over Water Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.4%)
- Walk Over Water Limited
3.4% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (57.1%)
- Walk Over Water Limited
57.1% - Industry AVG
Profitability
an operating margin of -41.6% make it less profitable than the average company (4%)
- Walk Over Water Limited
4% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Walk Over Water Limited
36 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- Walk Over Water Limited
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £28.2k, this is less efficient (£50.4k)
- Walk Over Water Limited
£50.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Walk Over Water Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (46 days)
- Walk Over Water Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Walk Over Water Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Walk Over Water Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1066.3%, this is a higher level of debt than the average (86%)
1066.3% - Walk Over Water Limited
86% - Industry AVG
WALK OVER WATER LIMITED financials
Walk Over Water Limited's latest turnover from March 2023 is estimated at £112.8 thousand and the company has net assets of -£281.4 thousand. According to their latest financial statements, Walk Over Water Limited has 4 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | 4 | 4 | 5 | 4 | 5 | 4 | 1 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,546 | 3,229 | 4,099 | 3,108 | 4,568 | 2,685 | 3,808 | 5,077 | 6,769 | 19,193 | 38,201 | 26,004 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 2,546 | 3,229 | 4,099 | 3,108 | 4,568 | 2,685 | 3,808 | 5,077 | 6,769 | 19,193 | 38,201 | 26,004 | 0 | 0 |
Stock & work in progress | 0 | 289 | 1,197 | 843 | 1,424 | 486 | 0 | 1,000 | 1,000 | 1,000 | 1,875 | 9,375 | 0 | 0 |
Trade Debtors | 0 | 611 | 1,467 | 1,545 | 1,828 | 1,972 | 0 | 0 | 3,592 | 4,337 | 3,323 | 273 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 25,424 | 26,423 | 0 | 0 | 1,960 | 0 | 4,127 | 4,266 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,153 | 6,254 | 34,519 | 1,422 | 3,691 | 12,285 | 618 | 911 | 500 | 2,256 | 35,967 | 3,790 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 26,577 | 33,577 | 37,183 | 3,810 | 8,903 | 14,743 | 4,745 | 6,177 | 5,092 | 7,593 | 41,165 | 13,438 | 0 | 0 |
total assets | 29,123 | 36,806 | 41,282 | 6,918 | 13,471 | 17,428 | 8,553 | 11,254 | 11,861 | 26,786 | 79,366 | 39,442 | 0 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 11,559 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 758 | 581 | 583 | 383 | 4,650 | 0 | 1,307 | 5,433 | 233,468 | 230,877 | 230,315 | 174,722 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 273,176 | 237,804 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 286,042 | 239,366 | 216,082 | 213,963 | 199,112 | 208,926 | 990 | 700 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 286,800 | 239,947 | 216,665 | 214,346 | 203,762 | 208,926 | 278,473 | 255,496 | 233,468 | 230,877 | 230,315 | 174,722 | 0 | 0 |
loans | 23,748 | 28,788 | 35,000 | 0 | 0 | 0 | 0 | 2,997 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,501 | 26,501 | 37,500 | 48,500 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 23,748 | 28,788 | 35,000 | 0 | 0 | 0 | 0 | 2,997 | 15,501 | 26,501 | 37,500 | 48,500 | 0 | 0 |
total liabilities | 310,548 | 268,735 | 251,665 | 214,346 | 203,762 | 208,926 | 278,473 | 258,493 | 248,969 | 257,378 | 267,815 | 223,222 | 0 | 0 |
net assets | -281,425 | -231,929 | -210,383 | -207,428 | -190,291 | -191,498 | -269,920 | -247,239 | -237,108 | -230,592 | -188,449 | -183,780 | 0 | 0 |
total shareholders funds | -281,425 | -231,929 | -210,383 | -207,428 | -190,291 | -191,498 | -269,920 | -247,239 | -237,108 | -230,592 | -188,449 | -183,780 | 0 | 0 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 683 | 870 | 1,109 | 1,460 | 1,858 | 1,123 | 1,269 | 1,692 | 12,424 | 19,008 | 28,160 | 33,226 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | ||||||||||||||
Stock | -289 | -908 | 354 | -581 | 938 | 486 | -1,000 | 0 | 0 | -875 | -7,500 | 9,375 | 0 | 0 |
Debtors | -1,610 | 25,567 | -78 | -2,243 | 1,816 | -2,155 | -139 | 674 | -745 | 1,014 | 3,050 | 273 | 0 | 0 |
Creditors | 177 | -2 | 200 | -4,267 | 4,650 | -1,307 | -4,126 | -228,035 | 2,591 | 562 | 55,593 | 174,722 | 0 | 0 |
Accruals and Deferred Income | 46,676 | 23,284 | 2,119 | 14,851 | -9,814 | 207,936 | 290 | 700 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 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 | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -273,176 | 35,372 | 237,804 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -5,040 | -6,212 | 35,000 | 0 | 0 | 0 | -2,997 | 2,997 | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,501 | -11,000 | -10,999 | -11,000 | 48,500 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -5,101 | -28,265 | 33,097 | -2,269 | -8,594 | 11,667 | -293 | 411 | -1,756 | -33,711 | 32,177 | 3,790 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | -3,000 | -8,559 | 11,559 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -5,101 | -28,265 | 33,097 | -2,269 | -8,594 | 14,667 | 8,266 | -11,148 | -1,756 | -33,711 | 32,177 | 3,790 | 0 | 0 |
walk over water limited Credit Report and Business Information
Walk Over Water Limited Competitor Analysis
Perform a competitor analysis for walk over water limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B19 area or any other competitors across 12 key performance metrics.
walk over water limited Ownership
WALK OVER WATER LIMITED group structure
Walk Over Water Limited has no subsidiary companies.
Ultimate parent company
WALK OVER WATER LIMITED
06047326
walk over water limited directors
Walk Over Water Limited currently has 1 director, Mr Darius Mosavi serving since Jan 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Darius Mosavi | United Kingdom | 72 years | Jan 2007 | - | Director |
P&L
March 2023turnover
112.8k
+123%
operating profit
-47k
0%
gross margin
34.6%
+5.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-281.4k
+0.21%
total assets
29.1k
-0.21%
cash
1.2k
-0.82%
net assets
Total assets minus all liabilities
walk over water limited company details
company number
06047326
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
January 2007
age
17
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
six ways business centre, 1 guildford street, birmingham, B19 2HN
Bank
-
Legal Advisor
-
walk over water 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 1 charges/mortgages relating to walk over water limited. Currently there are 1 open charges and 0 have been satisfied in the past.
walk over water limited Companies House Filings - See Documents
date | description | view/download |
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