sp (welwyn) limited
sp (welwyn) limited Company Information
Company Number
06287553
Next Accounts
68 days late
Shareholders
hanover investment capital ltd
Group Structure
View All
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
2 wellington road, london, NW8 9SP
Website
www.prolinksoftware.comsp (welwyn) limited Estimated Valuation
Pomanda estimates the enterprise value of SP (WELWYN) LIMITED at £4.6m based on a Turnover of £1.4m and 3.4x industry multiple (adjusted for size and gross margin).
sp (welwyn) limited Estimated Valuation
Pomanda estimates the enterprise value of SP (WELWYN) LIMITED at £6m based on an EBITDA of £885.1k and a 6.83x industry multiple (adjusted for size and gross margin).
sp (welwyn) limited Estimated Valuation
Pomanda estimates the enterprise value of SP (WELWYN) LIMITED at £0 based on Net Assets of £-2.3m and 1.76x industry multiple (adjusted for liquidity).
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Sp (welwyn) Limited Overview
Sp (welwyn) Limited is a live company located in london, NW8 9SP with a Companies House number of 06287553. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2007, it's largest shareholder is hanover investment capital ltd with a 100% stake. Sp (welwyn) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Sp (welwyn) Limited Health Check
Pomanda's financial health check has awarded Sp (Welwyn) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.4m, make it larger than the average company (£807k)
- Sp (welwyn) Limited
£807k - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (1.9%)
- Sp (welwyn) Limited
1.9% - Industry AVG
Production
with a gross margin of 74.9%, this company has a comparable cost of product (74.9%)
- Sp (welwyn) Limited
74.9% - Industry AVG
Profitability
an operating margin of 64.8% make it more profitable than the average company (36.3%)
- Sp (welwyn) Limited
36.3% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
- Sp (welwyn) Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Sp (welwyn) Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £151.8k, this is equally as efficient (£169.3k)
- Sp (welwyn) Limited
£169.3k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (32 days)
- Sp (welwyn) Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 337 days, this is slower than average (38 days)
- Sp (welwyn) Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sp (welwyn) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Sp (welwyn) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.1%, this is a higher level of debt than the average (62.9%)
115.1% - Sp (welwyn) Limited
62.9% - Industry AVG
SP (WELWYN) LIMITED financials
Sp (Welwyn) Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of -£2.3 million. According to their latest financial statements, we estimate that Sp (Welwyn) Limited has 9 employees and maintains cash reserves of £827.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,460 | 317,444 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | 2,460 | 317,444 | ||||||||||||
| Admin Expenses | 1,180,183 | 71,870 | ||||||||||||
| Operating Profit | -1,177,723 | 245,574 | ||||||||||||
| Interest Payable | 665,617 | 644,456 | ||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -1,843,340 | -398,882 | ||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | -1,843,340 | -398,882 | ||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -1,843,340 | -398,882 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | ||||||||||||
| EBITDA* | -1,177,723 | 245,574 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,500,000 | 3,600,000 | ||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 13,023,668 | 13,023,668 | 13,023,668 | 13,023,668 | 13,023,668 | 12,568,332 | 12,005,260 | 8,795,237 | 5,500,000 | 1,750,000 | 1,750,000 | 2,900,000 | ||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 13,023,668 | 13,023,668 | 13,023,668 | 13,023,668 | 13,023,668 | 12,568,332 | 12,005,260 | 8,795,237 | 5,500,000 | 5,500,000 | 3,600,000 | 1,750,000 | 1,750,000 | 2,900,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 141,819 | 643,039 | 648,138 | 517,086 | 421,158 | 631,333 | 345,075 | 209,329 | 338,615 | 254,676 | 86,535 | 5,142 | 9,681 | |
| Group Debtors | 35,750 | |||||||||||||
| Misc Debtors | 986,503 | 854,052 | 1,367,897 | 1,079,659 | 1,154,797 | 55,573 | 217,020 | 347,154 | 2,808 | 2,808 | ||||
| Cash | 827,334 | 410,371 | 548,071 | 436,146 | 679,691 | 378,613 | 372,407 | 79,235 | 68,451 | 50 | 14,473 | |||
| misc current assets | ||||||||||||||
| total current assets | 1,955,656 | 1,907,462 | 2,564,106 | 2,032,891 | 2,255,646 | 1,065,519 | 934,502 | 635,718 | 407,066 | 254,726 | 101,008 | 5,142 | 2,808 | 48,239 |
| total assets | 14,979,324 | 14,931,130 | 15,587,774 | 15,056,559 | 15,279,314 | 13,633,851 | 12,939,762 | 9,430,955 | 5,907,066 | 5,754,726 | 3,701,008 | 1,755,142 | 1,752,808 | 2,948,239 |
| Bank overdraft | 668,220 | 668,230 | 668,230 | 684,216 | 684,216 | 333,612 | ||||||||
| Bank loan | 668,220 | 668,220 | ||||||||||||
| Trade Creditors | 318,032 | 154,581 | 656,988 | 183,665 | 200,418 | 467,913 | 247,209 | 96,312 | 11,358,640 | 11,134,320 | 12,426,229 | 11,607,644 | ||
| Group/Directors Accounts | 10,924,822 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 13,671,646 | 13,766,009 | 13,905,373 | 13,627,108 | 13,498,940 | 13,170,919 | 12,483,774 | 11,914,102 | 2,459 | |||||
| total current liabilities | 14,657,898 | 14,588,810 | 15,230,581 | 14,479,003 | 14,367,588 | 14,323,048 | 13,415,199 | 12,344,026 | 11,358,640 | 11,134,320 | 12,426,229 | 11,607,644 | 10,924,822 | 2,459 |
| loans | 2,136,861 | 2,642,132 | 3,187,937 | 3,716,978 | 4,200,215 | 2,603,501 | 3,155,638 | 3,931,322 | 10,274,454 | |||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 1,244,778 | 1,499,956 | ||||||||||||
| provisions | 442,853 | 442,853 | 442,853 | 442,853 | 442,853 | 385,853 | 290,774 | |||||||
| total long term liabilities | 2,579,714 | 3,084,985 | 3,630,790 | 4,159,831 | 4,643,068 | 2,989,354 | 3,446,412 | 3,931,322 | 1,244,778 | 1,499,956 | 10,274,454 | |||
| total liabilities | 17,237,612 | 17,673,795 | 18,861,371 | 18,638,834 | 19,010,656 | 17,312,402 | 16,861,611 | 16,275,348 | 12,603,418 | 12,634,276 | 12,426,229 | 11,607,644 | 10,924,822 | 10,276,913 |
| net assets | -2,258,288 | -2,742,665 | -3,273,597 | -3,582,275 | -3,731,342 | -3,678,551 | -3,921,849 | -6,844,393 | -6,696,352 | -6,879,550 | -8,725,221 | -9,852,502 | -9,172,014 | -7,328,674 |
| total shareholders funds | -2,258,288 | -2,742,665 | -3,273,597 | -3,582,275 | -3,731,342 | -3,678,551 | -3,921,849 | -6,844,393 | -6,696,352 | -6,879,550 | -8,725,221 | -9,852,502 | -9,172,014 | -7,328,674 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -1,177,723 | 245,574 | ||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -368,769 | -518,944 | 419,290 | 20,790 | 889,049 | 124,811 | 5,612 | 217,868 | 83,939 | 168,141 | 81,393 | 2,334 | -45,431 | 48,239 |
| Creditors | 163,451 | -502,407 | 473,323 | -16,753 | -267,495 | 220,704 | 150,897 | -11,262,328 | 224,320 | -1,291,909 | 818,585 | 11,607,644 | ||
| Accruals and Deferred Income | -94,363 | -139,364 | 278,265 | 128,168 | 328,021 | 687,145 | 569,672 | 11,914,102 | -2,459 | 2,459 | ||||
| Deferred Taxes & Provisions | 57,000 | 95,079 | 290,774 | |||||||||||
| Cash flow from operations | -1,134,751 | 199,794 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 455,336 | 563,072 | 3,210,023 | 8,795,237 | -5,500,000 | 5,500,000 | -1,750,000 | -1,150,000 | 2,900,000 | |||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 668,220 | |||||||||||||
| Group/Directors Accounts | -10,924,822 | 10,924,822 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -505,271 | -545,805 | -529,041 | -483,237 | 1,596,714 | -552,137 | -775,684 | 3,931,322 | -10,274,454 | 10,274,454 | ||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -1,244,778 | -255,178 | 1,499,956 | |||||||||||
| share issue | ||||||||||||||
| interest | -665,617 | -644,456 | ||||||||||||
| cash flow from financing | -15,249 | 2,700,206 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 416,963 | -137,700 | 111,925 | -243,545 | 301,078 | 6,206 | 293,172 | 10,784 | 68,401 | -14,423 | 14,473 | |||
| overdraft | -668,220 | -10 | -15,986 | 350,604 | 333,612 | |||||||||
| change in cash | 416,963 | 530,520 | 111,935 | -243,545 | 317,064 | 6,206 | -57,432 | -322,828 | 68,401 | -14,423 | 14,473 |
sp (welwyn) limited Credit Report and Business Information
Sp (welwyn) Limited Competitor Analysis
Perform a competitor analysis for sp (welwyn) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW8 area or any other competitors across 12 key performance metrics.
sp (welwyn) limited Ownership
SP (WELWYN) LIMITED group structure
Sp (Welwyn) Limited has 1 subsidiary company.
Ultimate parent company
1 parent
SP (WELWYN) LIMITED
06287553
1 subsidiary
sp (welwyn) limited directors
Sp (Welwyn) Limited currently has 2 directors. The longest serving directors include Mr Ricky Sandhu (Feb 2012) and Mr Sundeep Sandhu (Feb 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ricky Sandhu | 54 years | Feb 2012 | - | Director | |
| Mr Sundeep Sandhu | 49 years | Feb 2012 | - | Director |
P&L
March 2023turnover
1.4m
-72%
operating profit
885.1k
0%
gross margin
74.9%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2.3m
-0.18%
total assets
15m
0%
cash
827.3k
+1.02%
net assets
Total assets minus all liabilities
Similar Companies
sp (welwyn) limited company details
company number
06287553
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
June 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
sackville properties (welwyn) limited (March 2012)
accountant
-
auditor
-
address
2 wellington road, london, NW8 9SP
Bank
-
Legal Advisor
-
sp (welwyn) 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 9 charges/mortgages relating to sp (welwyn) limited. Currently there are 6 open charges and 3 have been satisfied in the past.
sp (welwyn) 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.
Click to start generating capital raising & share issue transactions for SP (WELWYN) LIMITED. This can take several minutes, an email will notify you when this has completed.
sp (welwyn) limited Companies House Filings - See Documents
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