wates family enterprise trust limited
wates family enterprise trust limited Company Information
Group Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
wates house station approach, leatherhead, surrey, KT22 7SW
Website
http://watesgiving.org.ukwates family enterprise trust limited Estimated Valuation
Pomanda estimates the enterprise value of WATES FAMILY ENTERPRISE TRUST LIMITED at £818.3k based on a Turnover of £1.5m and 0.54x industry multiple (adjusted for size and gross margin).
wates family enterprise trust limited Estimated Valuation
Pomanda estimates the enterprise value of WATES FAMILY ENTERPRISE TRUST LIMITED at £0 based on an EBITDA of £-73.2k and a 5.63x industry multiple (adjusted for size and gross margin).
wates family enterprise trust limited Estimated Valuation
Pomanda estimates the enterprise value of WATES FAMILY ENTERPRISE TRUST LIMITED at £1.9m based on Net Assets of £774.4k and 2.4x industry multiple (adjusted for liquidity).
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Wates Family Enterprise Trust Limited Overview
Wates Family Enterprise Trust Limited is a live company located in surrey, KT22 7SW with a Companies House number of 06648896. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in July 2008, it's largest shareholder is unknown. Wates Family Enterprise Trust Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Wates Family Enterprise Trust Limited Health Check
Pomanda's financial health check has awarded Wates Family Enterprise Trust Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it larger than the average company (£456.4k)
£1.5m - Wates Family Enterprise Trust Limited
£456.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.2%)
22% - Wates Family Enterprise Trust Limited
6.2% - Industry AVG
Production
with a gross margin of 85.5%, this company has a comparable cost of product (85.5%)
85.5% - Wates Family Enterprise Trust Limited
85.5% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (3%)
-4.8% - Wates Family Enterprise Trust Limited
3% - Industry AVG
Employees
with 5 employees, this is below the industry average (12)
5 - Wates Family Enterprise Trust Limited
12 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has a higher pay structure (£25.7k)
£38.2k - Wates Family Enterprise Trust Limited
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £302.3k, this is more efficient (£42.8k)
£302.3k - Wates Family Enterprise Trust Limited
£42.8k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (12 days)
92 days - Wates Family Enterprise Trust Limited
12 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wates Family Enterprise Trust Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wates Family Enterprise Trust Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 114 weeks, this is less cash available to meet short term requirements (226 weeks)
114 weeks - Wates Family Enterprise Trust Limited
226 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.7%, this is a higher level of debt than the average (13.5%)
29.7% - Wates Family Enterprise Trust Limited
13.5% - Industry AVG
WATES FAMILY ENTERPRISE TRUST LIMITED financials
Wates Family Enterprise Trust Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of £774.4 thousand. According to their latest financial statements, Wates Family Enterprise Trust Limited has 5 employees and maintains cash reserves of £719.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,511,382 | 1,502,283 | 825,386 | 832,385 | 1,502,049 | 1,500,596 | 1,250,361 | 1,100,850 | 1,001,079 | 1,009,722 | 1,317,759 | 1,053,275 | 1,424,013 | 1,212,200 | 1,642,031 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -41,115 | 337,006 | 142,002 | 143,919 | 448,048 | -49,661 | 89,135 | -30,542 | -174,901 | 106,918 | 486,245 | -551,479 | 354,854 | -54,006 | -432,036 |
| Tax | |||||||||||||||
| Profit After Tax | -41,115 | 337,006 | 142,002 | 143,919 | 448,048 | -49,661 | 89,135 | -30,542 | -174,901 | 106,918 | 486,245 | -551,479 | 354,854 | -54,006 | -432,036 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -41,115 | 337,006 | 142,002 | 143,919 | 448,048 | -49,661 | 89,135 | -30,542 | -174,901 | 106,918 | 486,245 | -551,479 | 354,854 | -54,006 | -432,036 |
| Employee Costs | 191,137 | 175,616 | 172,289 | 120,022 | 163,262 | 198,746 | 178,358 | 141,272 | 81,477 | 88,326 | 104,114 | 109,742 | 66,842 | 60,377 | 33,042 |
| Number Of Employees | 5 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 125,000 | 125,000 | 125,000 | ||||||||||||
| Debtors (Due After 1 year) | 8,675 | ||||||||||||||
| Total Fixed Assets | 8,675 | 125,000 | 125,000 | 125,000 | |||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 382,682 | 750,000 | 17,500 | ||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 11,798 | 8,675 | 3,000 | 1,211 | 1,683 | 1,461 | 2,476 | 1,301 | 6,401 | ||||||
| Cash | 719,267 | 502,792 | 599,646 | 644,043 | 555,163 | 618,163 | 496,490 | 417,470 | 428,878 | 522,818 | 378,996 | 225,868 | 587,764 | 648,073 | 594,555 |
| misc current assets | |||||||||||||||
| total current assets | 1,101,949 | 1,252,792 | 599,646 | 644,043 | 555,163 | 629,961 | 505,165 | 417,470 | 431,878 | 524,029 | 398,179 | 227,329 | 590,240 | 649,374 | 600,956 |
| total assets | 1,101,949 | 1,252,792 | 599,646 | 644,043 | 555,163 | 629,961 | 513,840 | 417,470 | 431,878 | 524,029 | 523,179 | 352,329 | 715,240 | 649,374 | 600,956 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 30,000 | 30,000 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 327,562 | 437,290 | 121,150 | 307,549 | 329,588 | 858,934 | 627,652 | 612,417 | 564,783 | 542,033 | 621,601 | 817,476 | 663,345 | 755,311 | 753,692 |
| total current liabilities | 327,562 | 437,290 | 121,150 | 307,549 | 329,588 | 858,934 | 627,652 | 612,417 | 594,783 | 572,033 | 621,601 | 817,476 | 663,345 | 755,311 | 753,692 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 33,000 | 26,500 | 92,000 | 100,000 | 101,500 | 41,500 | 98,000 | 217,520 | 183,083 | 380,105 | 279,300 | ||||
| provisions | |||||||||||||||
| total long term liabilities | 33,000 | 26,500 | 92,000 | 100,000 | 101,500 | 41,500 | 98,000 | 217,520 | 183,083 | 380,105 | 279,300 | ||||
| total liabilities | 327,562 | 437,290 | 121,150 | 307,549 | 362,588 | 885,434 | 719,652 | 712,417 | 696,283 | 613,533 | 719,601 | 1,034,996 | 846,428 | 1,135,416 | 1,032,992 |
| net assets | 774,387 | 815,502 | 478,496 | 336,494 | 192,575 | -255,473 | -205,812 | -294,947 | -264,405 | -89,504 | -196,422 | -682,667 | -131,188 | -486,042 | -432,036 |
| total shareholders funds | 774,387 | 815,502 | 478,496 | 336,494 | 192,575 | -255,473 | -205,812 | -294,947 | -264,405 | -89,504 | -196,422 | -682,667 | -131,188 | -486,042 | -432,036 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -367,318 | 750,000 | -11,798 | -5,552 | 17,350 | -3,000 | 1,789 | -17,972 | 17,722 | -1,015 | 1,175 | -5,100 | 6,401 | ||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -109,728 | 316,140 | -186,399 | -22,039 | -529,346 | 231,282 | 15,235 | 47,634 | 22,750 | -79,568 | -195,875 | 154,131 | -91,966 | 1,619 | 753,692 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -125,000 | 125,000 | |||||||||||||
| cash flow from investments | 125,000 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -30,000 | 30,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -33,000 | 6,500 | -65,500 | -8,000 | -1,500 | 60,000 | -56,500 | -119,520 | 34,437 | -197,022 | 100,805 | 279,300 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -33,000 | 6,500 | -65,500 | -8,000 | -31,500 | 60,000 | -26,500 | -119,520 | 34,437 | -197,022 | 100,805 | 279,300 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 216,475 | -96,854 | -44,397 | 88,880 | -63,000 | 121,673 | 79,020 | -11,408 | -93,940 | 143,822 | 153,128 | -361,896 | -60,309 | 53,518 | 594,555 |
| overdraft | |||||||||||||||
| change in cash | 216,475 | -96,854 | -44,397 | 88,880 | -63,000 | 121,673 | 79,020 | -11,408 | -93,940 | 143,822 | 153,128 | -361,896 | -60,309 | 53,518 | 594,555 |
wates family enterprise trust limited Credit Report and Business Information
Wates Family Enterprise Trust Limited Competitor Analysis
Perform a competitor analysis for wates family enterprise trust limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in KT22 area or any other competitors across 12 key performance metrics.
wates family enterprise trust limited Ownership
WATES FAMILY ENTERPRISE TRUST LIMITED group structure
Wates Family Enterprise Trust Limited has no subsidiary companies.
Ultimate parent company
WATES FAMILY ENTERPRISE TRUST LIMITED
06648896
wates family enterprise trust limited directors
Wates Family Enterprise Trust Limited currently has 7 directors. The longest serving directors include Mr Timothy Wates (Jul 2008) and Mr Paul Wates (Jul 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Wates | 58 years | Jul 2008 | - | Director | |
| Mr Paul Wates | 87 years | Jul 2008 | - | Director | |
| Sir James Wates | England | 64 years | Jul 2008 | - | Director |
| Mr Andrew Wates | 55 years | Jul 2008 | - | Director | |
| Mr Andrew Wates | 84 years | Jul 2008 | - | Director | |
| Mr Jonathan Wates | 57 years | Feb 2024 | - | Director | |
| Mr Charles Wates | 48 years | Feb 2024 | - | Director |
P&L
December 2023turnover
1.5m
+1%
operating profit
-73.2k
0%
gross margin
85.5%
-3.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
774.4k
-0.05%
total assets
1.1m
-0.12%
cash
719.3k
+0.43%
net assets
Total assets minus all liabilities
wates family enterprise trust limited company details
company number
06648896
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
July 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CROWE U.K. LLP
address
wates house station approach, leatherhead, surrey, KT22 7SW
Bank
CHARITIES AID FOUNDATION BANK LIMITED
Legal Advisor
BATES WELLS
wates family enterprise trust 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 wates family enterprise trust limited.
wates family enterprise trust 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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wates family enterprise trust limited Companies House Filings - See Documents
| date | description | view/download |
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