the worcester citizens swimming bath association
the worcester citizens swimming bath association Company Information
Company Number
06548736
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Operation of sports facilities
Registered Address
weir lane, lowerwick, worcester, worcestershire, WR2 4AY
Website
http://lwsp.co.ukthe worcester citizens swimming bath association Estimated Valuation
Pomanda estimates the enterprise value of THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION at £510.7k based on a Turnover of £630k and 0.81x industry multiple (adjusted for size and gross margin).
the worcester citizens swimming bath association Estimated Valuation
Pomanda estimates the enterprise value of THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION at £542.1k based on an EBITDA of £149.2k and a 3.63x industry multiple (adjusted for size and gross margin).
the worcester citizens swimming bath association Estimated Valuation
Pomanda estimates the enterprise value of THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION at £989.2k based on Net Assets of £544.1k and 1.82x industry multiple (adjusted for liquidity).
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The Worcester Citizens Swimming Bath Association Overview
The Worcester Citizens Swimming Bath Association is a live company located in worcester, WR2 4AY with a Companies House number of 06548736. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in March 2008, it's largest shareholder is unknown. The Worcester Citizens Swimming Bath Association is a established, small sized company, Pomanda has estimated its turnover at £630k with high growth in recent years.
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The Worcester Citizens Swimming Bath Association Health Check
Pomanda's financial health check has awarded The Worcester Citizens Swimming Bath Association a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £630k, make it in line with the average company (£756.6k)
£630k - The Worcester Citizens Swimming Bath Association
£756.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (12.9%)
29% - The Worcester Citizens Swimming Bath Association
12.9% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
56.7% - The Worcester Citizens Swimming Bath Association
56.7% - Industry AVG
Profitability
an operating margin of 19.2% make it more profitable than the average company (2.4%)
19.2% - The Worcester Citizens Swimming Bath Association
2.4% - Industry AVG
Employees
with 39 employees, this is above the industry average (25)
39 - The Worcester Citizens Swimming Bath Association
25 - Industry AVG
Pay Structure
on an average salary of £9.7k, the company has a lower pay structure (£19k)
£9.7k - The Worcester Citizens Swimming Bath Association
£19k - Industry AVG
Efficiency
resulting in sales per employee of £16.2k, this is less efficient (£43.1k)
£16.2k - The Worcester Citizens Swimming Bath Association
£43.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (7 days)
3 days - The Worcester Citizens Swimming Bath Association
7 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (42 days)
4 days - The Worcester Citizens Swimming Bath Association
42 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (15 days)
7 days - The Worcester Citizens Swimming Bath Association
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 250 weeks, this is more cash available to meet short term requirements (47 weeks)
250 weeks - The Worcester Citizens Swimming Bath Association
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.9%, this is a lower level of debt than the average (38.7%)
19.9% - The Worcester Citizens Swimming Bath Association
38.7% - Industry AVG
THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION financials
The Worcester Citizens Swimming Bath Association's latest turnover from March 2024 is £630 thousand and the company has net assets of £544.1 thousand. According to their latest financial statements, The Worcester Citizens Swimming Bath Association has 39 employees and maintains cash reserves of £199.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 630,043 | 551,883 | 510,180 | 295,844 | 359,576 | 414,086 | 396,601 | 390,643 | 696,286 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 19 | ||||||||||||||
| Pre-Tax Profit | 88,519 | 56,041 | 89,869 | -20,478 | -61,160 | 1,831 | 31,719 | 9,798 | 347,967 | ||||||
| Tax | |||||||||||||||
| Profit After Tax | 88,519 | 56,041 | 89,869 | -20,478 | -61,160 | 1,831 | 31,719 | 9,798 | 347,967 | ||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 88,519 | 56,041 | 89,869 | -20,478 | -61,160 | 1,831 | 31,719 | 9,798 | 347,967 | ||||||
| Employee Costs | 376,913 | 344,114 | 282,797 | 222,038 | 263,894 | 265,206 | 229,069 | 223,438 | 219,834 | ||||||
| Number Of Employees | 39 | 39 | 37 | 36 | 39 | 41 | 42 | 40 | 35 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 365,254 | 382,259 | 367,538 | 357,379 | 380,747 | 275,748 | 292,176 | 307,226 | 312,976 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 365,254 | 382,259 | 367,538 | 357,379 | 380,747 | 275,748 | 292,176 | 307,226 | 312,976 | ||||||
| Stock & work in progress | 5,549 | 6,008 | 2,475 | 4,374 | 3,555 | 5,259 | 5,524 | 3,868 | 5,221 | ||||||
| Trade Debtors | 5,676 | 2,577 | 6,419 | 2,010 | 904 | 3,723 | |||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,540 | 2,234 | 2,633 | 17,094 | 2,890 | 3,102 | 2,926 | 2,585 | 2,666 | ||||||
| Cash | 199,555 | 209,115 | 176,557 | 82,913 | 49,631 | 124,836 | 103,300 | 58,314 | 43,572 | ||||||
| misc current assets | 100,000 | ||||||||||||||
| total current assets | 314,320 | 219,934 | 188,084 | 104,381 | 58,086 | 133,197 | 111,750 | 65,671 | 55,182 | ||||||
| total assets | 679,574 | 602,193 | 555,622 | 461,760 | 438,833 | 408,945 | 403,926 | 372,897 | 368,158 | ||||||
| Bank overdraft | |||||||||||||||
| Bank loan | 10,099 | 9,849 | 9,606 | 4,167 | |||||||||||
| Trade Creditors | 3,453 | 2,395 | 4,439 | 1,036 | 2,261 | 5,953 | 2,807 | 4,706 | 4,199 | ||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 11,072 | 10,857 | 10,641 | 3,275 | 3,060 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 16,826 | 15,471 | 9,798 | 9,151 | 11,461 | 11,677 | 11,635 | 10,426 | 15,992 | ||||||
| total current liabilities | 41,450 | 38,572 | 34,484 | 17,629 | 16,782 | 17,630 | 14,442 | 15,132 | 20,191 | ||||||
| loans | 94,018 | 108,034 | 121,592 | 134,454 | 91,896 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 94,018 | 108,034 | 121,592 | 134,454 | 91,896 | ||||||||||
| total liabilities | 135,468 | 146,606 | 156,076 | 152,083 | 108,678 | 17,630 | 14,442 | 15,132 | 20,191 | ||||||
| net assets | 544,106 | 455,587 | 399,546 | 309,677 | 330,155 | 391,315 | 389,484 | 357,765 | 347,967 | ||||||
| total shareholders funds | 544,106 | 455,587 | 399,546 | 309,677 | 330,155 | 391,315 | 389,484 | 357,765 | 347,967 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | 28,188 | 25,660 | 24,293 | 23,368 | 19,585 | 18,335 | 17,859 | 17,155 | 15,836 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -459 | 3,533 | -1,899 | 819 | -1,704 | -265 | 1,656 | -1,353 | 5,221 | ||||||
| Debtors | 4,405 | -4,241 | -8,042 | 12,194 | 1,798 | 176 | -563 | -2,900 | 6,389 | ||||||
| Creditors | 1,058 | -2,044 | 3,403 | -1,225 | -3,692 | 3,146 | -1,899 | 507 | 4,199 | ||||||
| Accruals and Deferred Income | 1,355 | 5,673 | 647 | -2,310 | -216 | 42 | 1,209 | -5,566 | 15,992 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 250 | 243 | 5,439 | 4,167 | |||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 215 | 216 | 7,366 | 215 | 3,060 | ||||||||||
| Long term loans | -14,016 | -13,558 | -12,862 | 42,558 | 91,896 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 19 | ||||||||||||||
| cash flow from financing | -13,551 | -13,099 | -57 | 46,940 | 94,956 | 19 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -9,560 | 32,558 | 93,644 | 33,282 | -75,205 | 21,536 | 44,986 | 14,742 | 43,572 | ||||||
| overdraft | |||||||||||||||
| change in cash | -9,560 | 32,558 | 93,644 | 33,282 | -75,205 | 21,536 | 44,986 | 14,742 | 43,572 |
the worcester citizens swimming bath association Credit Report and Business Information
The Worcester Citizens Swimming Bath Association Competitor Analysis
Perform a competitor analysis for the worcester citizens swimming bath association by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in WR2 area or any other competitors across 12 key performance metrics.
the worcester citizens swimming bath association Ownership
THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION group structure
The Worcester Citizens Swimming Bath Association has no subsidiary companies.
Ultimate parent company
THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
06548736
the worcester citizens swimming bath association directors
The Worcester Citizens Swimming Bath Association currently has 8 directors. The longest serving directors include Mr Barrie Morgan (Mar 2008) and Mr Peter MacLaren (Apr 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barrie Morgan | 76 years | Mar 2008 | - | Director | |
| Mr Peter MacLaren | United Kingdom | 72 years | Apr 2008 | - | Director |
| Mr Gary Kibblewhite | 66 years | Apr 2008 | - | Director | |
| Mr Michael Henley | United Kingdom | 73 years | Jul 2008 | - | Director |
| Mrs Julie Kendall | England | 64 years | Sep 2020 | - | Director |
| Mrs Alyson Broadbent | England | 69 years | Mar 2023 | - | Director |
| Mr Thomas Mimnagh | England | 67 years | Mar 2024 | - | Director |
| Mr Richard Udall | England | 56 years | Jan 2025 | - | Director |
P&L
March 2024turnover
630k
+14%
operating profit
121k
0%
gross margin
56.8%
-0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
544.1k
+0.19%
total assets
679.6k
+0.13%
cash
199.6k
-0.05%
net assets
Total assets minus all liabilities
the worcester citizens swimming bath association company details
company number
06548736
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
93110 - Operation of sports facilities
incorporation date
March 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
KENDALL WADLEY LLP
auditor
-
address
weir lane, lowerwick, worcester, worcestershire, WR2 4AY
Bank
HSBC BANK PLC
Legal Advisor
-
the worcester citizens swimming bath association 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 the worcester citizens swimming bath association.
the worcester citizens swimming bath association 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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the worcester citizens swimming bath association Companies House Filings - See Documents
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