wing estates limited

Live EstablishedMicroDeclining

wing estates limited Company Information

Share WING ESTATES LIMITED

Company Number

06053018

Shareholders

j. cash

c. waxman

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

13 whitchurch lane, edgware, HA8 6JZ

Website

-

wing estates limited Estimated Valuation

£738.6k

Pomanda estimates the enterprise value of WING ESTATES LIMITED at £738.6k based on a Turnover of £213.2k and 3.46x industry multiple (adjusted for size and gross margin).

wing estates limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WING ESTATES LIMITED at £0 based on an EBITDA of £-42.2k and a 6.85x industry multiple (adjusted for size and gross margin).

wing estates limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of WING ESTATES LIMITED at £1.3m based on Net Assets of £782.5k and 1.71x industry multiple (adjusted for liquidity).

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Wing Estates Limited Overview

Wing Estates Limited is a live company located in edgware, HA8 6JZ with a Companies House number of 06053018. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2007, it's largest shareholder is j. cash with a 29.8% stake. Wing Estates Limited is a established, micro sized company, Pomanda has estimated its turnover at £213.2k with declining growth in recent years.

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Wing Estates Limited Health Check

Pomanda's financial health check has awarded Wing Estates Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £213.2k, make it smaller than the average company (£954.4k)

£213.2k - Wing Estates Limited

£954.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (4.7%)

-9% - Wing Estates Limited

4.7% - Industry AVG

production

Production

with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)

72.8% - Wing Estates Limited

72.8% - Industry AVG

profitability

Profitability

an operating margin of -19.9% make it less profitable than the average company (25.1%)

-19.9% - Wing Estates Limited

25.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Wing Estates Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)

£32.6k - Wing Estates Limited

£32.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.6k, this is less efficient (£186.3k)

£106.6k - Wing Estates Limited

£186.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Wing Estates Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (37 days)

11 days - Wing Estates Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wing Estates Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 729 weeks, this is more cash available to meet short term requirements (11 weeks)

729 weeks - Wing Estates Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.6%, this is a lower level of debt than the average (67.9%)

16.6% - Wing Estates Limited

67.9% - Industry AVG

WING ESTATES LIMITED financials

EXPORTms excel logo

Wing Estates Limited's latest turnover from January 2024 is estimated at £213.2 thousand and the company has net assets of £782.5 thousand. According to their latest financial statements, Wing Estates Limited has 2 employees and maintains cash reserves of £249.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover213,156199,555294,656280,948295,955295,268262,884257,863320,00018,75936,64632,10430,53728,88434,080
Other Income Or Grants000000000000000
Cost Of Sales57,92654,97583,69176,53588,35584,42171,52067,80597,0286,53012,69210,71810,1679,76212,985
Gross Profit155,229144,580210,965204,413207,600210,846191,364190,058222,97212,22923,95421,38620,37019,12221,095
Admin Expenses197,605109,564230,291194,402191,034211,313164,179173,191270,035-11,7897,1845,7704,0902,619-18,583
Operating Profit-42,37635,016-19,32610,01116,566-46727,18516,867-47,06324,01816,77015,61616,28016,50339,678
Interest Payable000000000000000
Interest Receivable12,3417,0504781971,4021,339843375638517421355294233101
Pre-Tax Profit-30,03542,067-18,84810,20717,96887228,02817,241-46,42524,53517,19115,97116,57416,73639,779
Tax0-7,9930-1,939-3,414-166-5,325-3,4480-5,152-3,954-3,833-4,309-4,686-11,138
Profit After Tax-30,03534,074-18,8488,26814,55470622,70313,793-46,42519,38313,23712,13812,26512,05028,641
Dividends Paid000000000000000
Retained Profit-30,03534,074-18,8488,26814,55470622,70313,793-46,42519,38313,23712,13812,26512,05028,641
Employee Costs65,22861,58759,74954,23956,59654,77451,94651,26852,49325,82124,72723,98123,70023,28925,429
Number Of Employees222222222111111
EBITDA*-42,15935,016-19,32610,01116,5665827,71117,526-46,93024,15116,77015,61616,28016,50339,678

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets686,153685,00111115261,05213326600000
Intangible Assets000000000000000
Investments & Other00685,000685,000685,000685,000685,000685,000640,00021,03221,03221,03221,03221,03221,032
Debtors (Due After 1 year)000000000000000
Total Fixed Assets686,153685,001685,001685,001685,001685,001685,526686,052640,13321,29821,03221,03221,03221,03221,032
Stock & work in progress000000000000000
Trade Debtors00000000033100000
Group Debtors000000000000000
Misc Debtors1,59600000000000000
Cash249,938220,179182,694199,448194,237179,563177,526159,671139,952115,33791,50076,98864,91352,75140,566
misc current assets000000000000000
total current assets251,534220,179182,694199,448194,237179,563177,526159,671139,952115,66891,50076,98864,91352,75140,566
total assets937,687905,180867,695884,449879,238864,564863,052845,723780,085136,966112,53298,02085,94573,78361,598
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,9021,902000000017,22012,16910,89410,95711,06010,925
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities15,9088,39317,88415,79018,84718,72717,92117,58718,286000000
total current liabilities17,81010,29517,88415,79018,84718,72717,92117,58718,28617,22012,16910,89410,95711,06010,925
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities11,00011,0000000000000000
provisions126,37371,34671,34671,34671,34671,34671,34677,05469,510000000
total long term liabilities137,37382,34671,34671,34671,34671,34671,34677,05469,510000000
total liabilities155,18392,64189,23087,13690,19390,07389,26794,64187,79617,22012,16910,89410,95711,06010,925
net assets782,504812,539778,465797,313789,045774,491773,785751,082692,289119,746100,36387,12674,98862,72350,673
total shareholders funds782,504812,539778,465797,313789,045774,491773,785751,082692,289119,746100,36387,12674,98862,72350,673
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-42,37635,016-19,32610,01116,566-46727,18516,867-47,06324,01816,77015,61616,28016,50339,678
Depreciation217000052552665913313300000
Amortisation000000000000000
Tax0-7,9930-1,939-3,414-166-5,325-3,4480-5,152-3,954-3,833-4,309-4,686-11,138
Stock000000000000000
Debtors1,5960000000-33133100000
Creditors01,902000000-17,2205,0511,275-63-10313510,925
Accruals and Deferred Income7,515-9,4912,094-3,057120806334-69918,286000000
Deferred Taxes & Provisions55,02700000-5,7087,54469,510000000
Cash flow from operations18,78719,434-17,2325,01513,27269817,01220,92323,97723,71914,09111,72011,86811,95239,465
Investing Activities
capital expenditure-1,369-685,00000000-1,5780-39900000
Change in Investments0-685,0000000045,000618,9680000021,032
cash flow from investments-1,369000000-46,578-618,968-3990000-21,032
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities011,0000000000000000
share issue000000045,000618,9680000022,032
interest12,3417,0504781971,4021,339843375638517421355294233101
cash flow from financing12,34118,0504781971,4021,33984345,375619,60651742135529423322,133
cash and cash equivalents
cash29,75937,485-16,7545,21114,6742,03717,85519,71924,61523,83714,51212,07512,16212,18540,566
overdraft000000000000000
change in cash29,75937,485-16,7545,21114,6742,03717,85519,71924,61523,83714,51212,07512,16212,18540,566

wing estates 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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Wing Estates Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wing estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.

wing estates limited Ownership

WING ESTATES LIMITED group structure

Wing Estates Limited has no subsidiary companies.

Ultimate parent company

WING ESTATES LIMITED

06053018

WING ESTATES LIMITED Shareholders

j. cash 29.8%
c. waxman 29.8%
p. gimmack 29.8%
g. gimmack 10.6%

wing estates limited directors

Wing Estates Limited currently has 2 directors. The longest serving directors include Ms Georgina Gimmack (Jan 2007) and Mr William Gimmack (Jan 2007).

officercountryagestartendrole
Ms Georgina GimmackEngland83 years Jan 2007- Director
Mr William GimmackEngland87 years Jan 2007- Director

P&L

January 2024

turnover

213.2k

+7%

operating profit

-42.4k

0%

gross margin

72.9%

+0.52%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

782.5k

-0.04%

total assets

937.7k

+0.04%

cash

249.9k

+0.14%

net assets

Total assets minus all liabilities

wing estates limited company details

company number

06053018

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

January 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

KEY BUSINESS CONSULTANTS LLP

auditor

-

address

13 whitchurch lane, edgware, HA8 6JZ

Bank

NATWEST

Legal Advisor

-

wing estates 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 did not find charges/mortgages relating to wing estates limited.

wing estates 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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wing estates limited Companies House Filings - See Documents

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