contractswise limited

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contractswise limited Company Information

Share CONTRACTSWISE LIMITED

Company Number

06099940

Shareholders

bidding limited

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

stonebridge court, wakefield road, wakefield, WF4 5HQ

contractswise limited Estimated Valuation

£11.6k

Pomanda estimates the enterprise value of CONTRACTSWISE LIMITED at £11.6k based on a Turnover of £29.4k and 0.39x industry multiple (adjusted for size and gross margin).

contractswise limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CONTRACTSWISE LIMITED at £0 based on an EBITDA of £-8.4k and a 3.11x industry multiple (adjusted for size and gross margin).

contractswise limited Estimated Valuation

£461

Pomanda estimates the enterprise value of CONTRACTSWISE LIMITED at £461 based on Net Assets of £219 and 2.11x industry multiple (adjusted for liquidity).

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Contractswise Limited Overview

Contractswise Limited is a live company located in wakefield, WF4 5HQ with a Companies House number of 06099940. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2007, it's largest shareholder is bidding limited with a 100% stake. Contractswise Limited is a established, micro sized company, Pomanda has estimated its turnover at £29.4k with declining growth in recent years.

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Contractswise Limited Health Check

Pomanda's financial health check has awarded Contractswise 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £29.4k, make it smaller than the average company (£20.1m)

£29.4k - Contractswise Limited

£20.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (9%)

-30% - Contractswise Limited

9% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (33.2%)

19.3% - Contractswise Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of -28.4% make it less profitable than the average company (5.8%)

-28.4% - Contractswise Limited

5.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (114)

1 - Contractswise Limited

114 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Contractswise Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.4k, this is less efficient (£196k)

£29.4k - Contractswise Limited

£196k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (44 days)

81 days - Contractswise Limited

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 92 days, this is slower than average (42 days)

92 days - Contractswise Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Contractswise Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Contractswise Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (54.8%)

96.7% - Contractswise Limited

54.8% - Industry AVG

CONTRACTSWISE LIMITED financials

EXPORTms excel logo

Contractswise Limited's latest turnover from March 2024 is estimated at £29.4 thousand and the company has net assets of £219. According to their latest financial statements, we estimate that Contractswise Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover29,42837,67066,52686,496143,598110,328110,57372,26865,81239,04146,56260,492133,041199,34560,576
Other Income Or Grants
Cost Of Sales23,76430,52354,12671,084116,24590,03789,98158,71453,41932,02038,45650,197110,140164,59450,026
Gross Profit5,6647,14712,39915,41227,35320,29120,59213,55412,3937,0218,10610,29522,90134,75110,549
Admin Expenses14,0187,39624,14926,6559,54316,980-3,31528,85713,61946,59432,59128935,651-31,284-33,090
Operating Profit-8,354-249-11,750-11,24317,8103,31123,907-15,303-1,226-39,573-24,48510,006-12,75066,03543,639
Interest Payable
Interest Receivable962207445483525506181
Pre-Tax Profit-8,354-249-11,750-11,24317,8103,31123,907-15,294-1,164-39,366-24,04010,489-12,22566,54043,819
Tax-3,384-629-4,542-2,517-18,631-12,269
Profit After Tax-8,354-249-11,750-11,24314,4262,68219,365-15,294-1,164-39,366-24,0407,972-12,22547,90931,550
Dividends Paid
Retained Profit-8,354-249-11,750-11,24314,4262,68219,365-15,294-1,164-39,366-24,0407,972-12,22547,90931,550
Employee Costs48,73546,63943,40041,07441,59640,81039,68438,09436,08635,20834,76234,29333,72833,45833,381
Number Of Employees111111111111111
EBITDA*-8,354-249-11,750-11,24317,8103,31123,907-15,303-602-39,573-24,07210,151-12,25466,38644,348

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4286578863549781,602144289351702
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4286578863549781,602144289351702
Stock & work in progress
Trade Debtors6,55711,05715,98428,38552,15837,57433,24412,92313,8536,9186,0281,59627,06031,269113
Group Debtors
Misc Debtors870727836665
Cash6,85518,10564,782113,22880,078129,84372,361
misc current assets5554532,263
total current assets6,55711,92716,71129,22152,82338,12933,69715,18620,70825,02370,810114,824107,138161,11272,474
total assets6,55711,92717,13929,87853,70938,12933,69715,18621,06226,00172,412114,968107,427161,46373,176
Bank overdraft
Bank loan
Trade Creditors 6,0383,3543,0261,30911,2547,51218,22619,04710,35214,00220,92039,76140,19282,00341,625
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities6,0383,3543,0261,30911,2547,51218,22619,04710,35214,00220,92039,76140,19282,00341,625
loans
hp & lease commitments
Accruals and Deferred Income3005,2917,99710,64013,228764797
other liabilities
provisions73198325
total long term liabilities3005,2917,99710,64013,22876479773198325
total liabilities6,3383,3548,3179,30621,89420,74018,99019,84410,42514,20021,24539,76140,19282,00341,625
net assets2198,5738,82220,57231,81517,38914,707-4,65810,63711,80151,16775,20767,23579,46031,551
total shareholders funds2198,5738,82220,57231,81517,38914,707-4,65810,63711,80151,16775,20767,23579,46031,551
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-8,354-249-11,750-11,24317,8103,31123,907-15,303-1,226-39,573-24,48510,006-12,75066,03543,639
Depreciation624413145496351709
Amortisation
Tax-3,384-629-4,542-2,517-18,631-12,269
Stock
Debtors-5,370-4,784-12,510-23,60215,2494,33020,321-9306,9358904,432-25,464-4,20931,156113
Creditors2,6843281,717-9,9453,742-10,714-8218,695-3,650-6,918-18,841-431-41,81140,37841,625
Accruals and Deferred Income300-5,291-2,706-2,643-2,58812,464-33797
Deferred Taxes & Provisions-73-125-127325
Cash flow from operations-428-229-229331102-1,810-4,954-11,312-47,508-47,02032,667-49,85656,97773,591
Investing Activities
capital expenditure428229229-886354624-1,871-434-1,411
Change in Investments
cash flow from investments428229229-886354624-1,871-434-1,411
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest962207445483525506181
cash flow from financing862207445483525506182
cash and cash equivalents
cash-6,855-11,250-46,677-48,44633,150-49,76557,48272,361
overdraft
change in cash-6,855-11,250-46,677-48,44633,150-49,76557,48272,361

contractswise 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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Contractswise Limited Competitor Analysis

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Perform a competitor analysis for contractswise limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WF4 area or any other competitors across 12 key performance metrics.

contractswise limited Ownership

CONTRACTSWISE LIMITED group structure

Contractswise Limited has no subsidiary companies.

Ultimate parent company

1 parent

CONTRACTSWISE LIMITED

06099940

CONTRACTSWISE LIMITED Shareholders

bidding limited 100%

contractswise limited directors

Contractswise Limited currently has 2 directors. The longest serving directors include Mrs Sarah Fatchett (Apr 2023) and Mr Brendan Fatchett (Apr 2023).

officercountryagestartendrole
Mrs Sarah FatchettEngland53 years Apr 2023- Director
Mr Brendan FatchettEngland52 years Apr 2023- Director

P&L

March 2024

turnover

29.4k

-22%

operating profit

-8.4k

0%

gross margin

19.3%

+1.45%

turnover

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

Balance Sheet

March 2024

net assets

219

-0.97%

total assets

6.6k

-0.45%

cash

0

0%

net assets

Total assets minus all liabilities

contractswise limited company details

company number

06099940

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

February 2007

age

18

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

ashgreen business services limited (August 2015)

accountant

SIMPSON ACCOUNTING SERVICES

auditor

-

address

stonebridge court, wakefield road, wakefield, WF4 5HQ

Bank

-

Legal Advisor

-

contractswise 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 contractswise limited.

contractswise 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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contractswise limited Companies House Filings - See Documents

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