world gaming tech limited
world gaming tech limited Company Information
Company Number
06633171
Next Accounts
Mar 2026
Shareholders
james simon thomas
marcos jose marugan dutra
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
first floor black country house, rounds green road, oldbury, west midlands, B69 2DG
Website
www.worldbingotech.co.ukworld gaming tech limited Estimated Valuation
Pomanda estimates the enterprise value of WORLD GAMING TECH LIMITED at £135.2k based on a Turnover of £196.8k and 0.69x industry multiple (adjusted for size and gross margin).
world gaming tech limited Estimated Valuation
Pomanda estimates the enterprise value of WORLD GAMING TECH LIMITED at £0 based on an EBITDA of £-64.5k and a 3.08x industry multiple (adjusted for size and gross margin).
world gaming tech limited Estimated Valuation
Pomanda estimates the enterprise value of WORLD GAMING TECH LIMITED at £0 based on Net Assets of £-1.8m and 2.38x industry multiple (adjusted for liquidity).
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World Gaming Tech Limited Overview
World Gaming Tech Limited is a live company located in oldbury, B69 2DG with a Companies House number of 06633171. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in June 2008, it's largest shareholder is james simon thomas with a 80% stake. World Gaming Tech Limited is a established, micro sized company, Pomanda has estimated its turnover at £196.8k with declining growth in recent years.
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World Gaming Tech Limited Health Check
Pomanda's financial health check has awarded World Gaming Tech Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £196.8k, make it smaller than the average company (£10.9m)
- World Gaming Tech Limited
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (8.3%)
- World Gaming Tech Limited
8.3% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
- World Gaming Tech Limited
48.2% - Industry AVG
Profitability
an operating margin of -32.8% make it less profitable than the average company (12.1%)
- World Gaming Tech Limited
12.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (63)
2 - World Gaming Tech Limited
63 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- World Gaming Tech Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £98.4k, this is less efficient (£230.9k)
- World Gaming Tech Limited
£230.9k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (51 days)
- World Gaming Tech Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (53 days)
- World Gaming Tech Limited
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- World Gaming Tech Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (6 weeks)
64 weeks - World Gaming Tech Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3445.9%, this is a higher level of debt than the average (64.9%)
3445.9% - World Gaming Tech Limited
64.9% - Industry AVG
WORLD GAMING TECH LIMITED financials
World Gaming Tech Limited's latest turnover from June 2024 is estimated at £196.8 thousand and the company has net assets of -£1.8 million. According to their latest financial statements, World Gaming Tech Limited has 2 employees and maintains cash reserves of £34 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 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 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 155 | 194 | 243 | 1,099 | 23,432 | 28,901 | 36,245 | 45,463 | 69,856 | 223,767 | 280,081 | 350,598 | 436,979 | 497,901 | 610,304 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 155 | 194 | 243 | 1,099 | 23,432 | 28,901 | 36,245 | 45,463 | 69,856 | 223,767 | 280,081 | 350,598 | 436,979 | 497,901 | 610,304 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 11,037 | 30,646 | 18,680 | 45,049 | 7,583 | 20,433 | 23,844 | 23,306 | 125,663 | 64,277 | 49,902 | 56,903 | 40,418 | 55,391 | 56,006 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 7,891 | 9,723 | 4,920 | 7,746 | 5,410 | 4,799 | 6,280 | 4,833 | 7,422 | ||||||
| Cash | 34,020 | 135,464 | 76,190 | 51,517 | 61,257 | 27,983 | 55,586 | 28,185 | 46,797 | 35,581 | 68,854 | 30,758 | 27,168 | 103,016 | 87,841 |
| misc current assets | |||||||||||||||
| total current assets | 52,948 | 175,833 | 99,790 | 104,312 | 74,250 | 53,215 | 85,710 | 56,324 | 179,882 | 99,858 | 118,756 | 87,661 | 67,586 | 158,407 | 143,847 |
| total assets | 53,103 | 176,027 | 100,033 | 105,411 | 97,682 | 82,116 | 121,955 | 101,787 | 249,738 | 323,625 | 398,837 | 438,259 | 504,565 | 656,308 | 754,151 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,728 | 12,155 | 21,931 | 23,071 | 23,615 | 13,172 | 37,556 | 13,242 | 97,250 | 181,821 | 165,603 | 126,396 | 229,043 | 133,846 | 936,373 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 22,677 | 104,309 | 76,099 | 67,035 | 54,009 | 8,375 | 220,959 | 192,473 | 187,885 | ||||||
| total current liabilities | 27,405 | 116,464 | 98,030 | 90,106 | 77,624 | 21,547 | 258,515 | 205,715 | 285,135 | 181,821 | 165,603 | 126,396 | 229,043 | 133,846 | 936,373 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,802,445 | 1,776,195 | 1,685,693 | 1,634,443 | 1,523,193 | 1,466,943 | 1,203,831 | 1,178,831 | 1,153,831 | 1,153,831 | 1,089,992 | 1,049,991 | 875,000 | 875,000 | |
| provisions | |||||||||||||||
| total long term liabilities | 1,802,445 | 1,776,195 | 1,685,693 | 1,634,443 | 1,523,193 | 1,466,943 | 1,203,831 | 1,178,831 | 1,153,831 | 1,153,831 | 1,089,992 | 1,049,991 | 875,000 | 875,000 | |
| total liabilities | 1,829,850 | 1,892,659 | 1,783,723 | 1,724,549 | 1,600,817 | 1,488,490 | 1,462,346 | 1,384,546 | 1,438,966 | 1,335,652 | 1,255,595 | 1,176,387 | 1,104,043 | 1,008,846 | 936,373 |
| net assets | -1,776,747 | -1,716,632 | -1,683,690 | -1,619,138 | -1,503,135 | -1,406,374 | -1,340,391 | -1,282,759 | -1,189,228 | -1,012,027 | -856,758 | -738,128 | -599,478 | -352,538 | -182,222 |
| total shareholders funds | -1,776,747 | -1,716,632 | -1,683,690 | -1,619,138 | -1,503,135 | -1,406,374 | -1,340,391 | -1,282,759 | -1,189,228 | -1,012,027 | -856,758 | -738,128 | -599,478 | -352,538 | -182,222 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 39 | 49 | 61 | 4,740 | 5,885 | 7,344 | 9,485 | 14,138 | 40,941 | 56,314 | 70,517 | 88,314 | 112,059 | 122,395 | 127,885 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -21,441 | 16,769 | -29,195 | 39,802 | -12,239 | -4,892 | 1,985 | -104,946 | 68,808 | 14,375 | -7,001 | 16,485 | -14,973 | -615 | 56,006 |
| Creditors | -7,427 | -9,776 | -1,140 | -544 | 10,443 | -24,384 | 24,314 | -84,008 | -84,571 | 16,218 | 39,207 | -102,647 | 95,197 | -802,527 | 936,373 |
| Accruals and Deferred Income | -81,632 | 28,210 | 9,064 | 13,026 | 45,634 | -212,584 | 28,486 | 4,588 | 187,885 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 26,250 | 90,502 | 51,250 | 111,250 | 56,250 | 263,112 | 25,000 | 25,000 | 63,839 | 40,001 | 174,991 | 875,000 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -101,444 | 59,274 | 24,673 | -9,740 | 33,274 | -27,603 | 27,401 | -18,612 | 11,216 | -33,273 | 38,096 | 3,590 | -75,848 | 15,175 | 87,841 |
| overdraft | |||||||||||||||
| change in cash | -101,444 | 59,274 | 24,673 | -9,740 | 33,274 | -27,603 | 27,401 | -18,612 | 11,216 | -33,273 | 38,096 | 3,590 | -75,848 | 15,175 | 87,841 |
world gaming tech limited Credit Report and Business Information
World Gaming Tech Limited Competitor Analysis
Perform a competitor analysis for world gaming tech limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B69 area or any other competitors across 12 key performance metrics.
world gaming tech limited Ownership
WORLD GAMING TECH LIMITED group structure
World Gaming Tech Limited has no subsidiary companies.
Ultimate parent company
WORLD GAMING TECH LIMITED
06633171
world gaming tech limited directors
World Gaming Tech Limited currently has 2 directors. The longest serving directors include Mr James Thomas (Jun 2008) and Mr Mohammed Zabed (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Thomas | United Kingdom | 59 years | Jun 2008 | - | Director |
| Mr Mohammed Zabed | United Kingdom | 55 years | Aug 2021 | - | Director |
P&L
June 2024turnover
196.8k
-17%
operating profit
-64.6k
0%
gross margin
48.2%
+4.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-1.8m
+0.04%
total assets
53.1k
-0.7%
cash
34k
-0.75%
net assets
Total assets minus all liabilities
world gaming tech limited company details
company number
06633171
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
June 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
world bingo tech limited (March 2022)
metronia uk limited (May 2009)
accountant
CROWE U. K. LLP
auditor
-
address
first floor black country house, rounds green road, oldbury, west midlands, B69 2DG
Bank
-
Legal Advisor
-
world gaming tech 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 world gaming tech limited.
world gaming tech 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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world gaming tech limited Companies House Filings - See Documents
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