work rural ltd
work rural ltd Company Information
Company Number
06652842
Website
https://stonewoodhomes.co.ukRegistered Address
the courtyard, 33 duke street, trowbridge, wiltshire, BA14 8EA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01225783123
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
alix margaret kirkham 50%
nicholas robert marshall kirkham 50%
work rural ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK RURAL LTD at £624.6k based on a Turnover of £198.2k and 3.15x industry multiple (adjusted for size and gross margin).
work rural ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK RURAL LTD at £1.8m based on an EBITDA of £249.8k and a 7.2x industry multiple (adjusted for size and gross margin).
work rural ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK RURAL LTD at £4.1m based on Net Assets of £2.5m and 1.62x industry multiple (adjusted for liquidity).
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Work Rural Ltd Overview
Work Rural Ltd is a live company located in trowbridge, BA14 8EA with a Companies House number of 06652842. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2008, it's largest shareholder is alix margaret kirkham with a 50% stake. Work Rural Ltd is a established, micro sized company, Pomanda has estimated its turnover at £198.2k with rapid growth in recent years.
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Work Rural Ltd Health Check
Pomanda's financial health check has awarded Work Rural Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £198.2k, make it smaller than the average company (£797.6k)
- Work Rural Ltd
£797.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (1.9%)
- Work Rural Ltd
1.9% - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
- Work Rural Ltd
75.4% - Industry AVG
Profitability
an operating margin of 121.5% make it more profitable than the average company (36.9%)
- Work Rural Ltd
36.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Work Rural Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Work Rural Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £99.1k, this is less efficient (£168.7k)
- Work Rural Ltd
£168.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Work Rural Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (37 days)
- Work Rural Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Work Rural Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - Work Rural Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.2%, this is a lower level of debt than the average (63.2%)
45.2% - Work Rural Ltd
63.2% - Industry AVG
WORK RURAL LTD financials
Work Rural Ltd's latest turnover from March 2023 is estimated at £198.2 thousand and the company has net assets of £2.5 million. According to their latest financial statements, Work Rural Ltd has 2 employees and maintains cash reserves of £14.4 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 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | 0 | ||||||||||||||
| Profit After Tax | 0 | ||||||||||||||
| Dividends Paid | 0 | ||||||||||||||
| Retained Profit | 0 | ||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | |||||||||||||
| EBITDA* |
* 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 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,755 | 18,905 | 27,697 | 40,351 | 45,469 | 65,216 | 66,538 | 86,806 | 2,118,229 | 1,477,720 | 1,391,002 | 1,374,370 | 1,255,248 | 1,253,776 | 989,669 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,570,809 | 4,570,809 | 4,501,049 | 4,501,049 | 4,500,949 | 4,500,949 | 4,500,949 | 4,498,547 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,580,564 | 4,589,714 | 4,528,746 | 4,541,400 | 4,546,418 | 4,566,165 | 4,567,487 | 4,585,353 | 2,118,229 | 1,477,720 | 1,391,002 | 1,374,370 | 1,255,248 | 1,253,776 | 989,669 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,134 | 0 | 4,603 | 0 | 0 | 0 | 0 | 24,099 | 0 | 5,618 | 3,421 | 0 | 0 | 2,158 |
| Group Debtors | 6,200 | 0 | 3,976 | 17,413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,646 | 2,420 | 9,595 | 5,700 | 5,520 | 13,170 | 11,709 | 15,472 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 14,388 | 27,809 | 5,043 | 35,064 | 512,268 | 8,203 | 11,878 | 124,495 | 71,296 | 1,067 | 16,938 | 8,946 | 15 | 21,084 | 0 |
| misc current assets | 200 | 200 | 0 | 0 | 0 | 0 | 202 | 20,000 | 20,000 | 120,000 | 70,000 | 60,000 | 24,000 | 141,886 | 0 |
| total current assets | 31,434 | 31,563 | 18,614 | 62,780 | 517,788 | 21,373 | 23,789 | 159,967 | 115,395 | 121,067 | 92,556 | 72,367 | 24,015 | 162,970 | 2,158 |
| total assets | 4,611,998 | 4,621,277 | 4,547,360 | 4,604,180 | 5,064,206 | 4,587,538 | 4,591,276 | 4,745,320 | 2,233,624 | 1,598,787 | 1,483,558 | 1,446,737 | 1,279,263 | 1,416,746 | 991,827 |
| Bank overdraft | 10,000 | 10,000 | 4,375 | 0 | 0 | 0 | 0 | 432 | 0 | 1,327 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,718 | 5,454 | 4,191 | 10,143 | 2,169 | 15,179 | 0 | 8,235 | 1,150,827 | 238,693 | 148,665 | 602,248 | 586,064 | 613,201 | 402,698 |
| Group/Directors Accounts | 9,357 | 61,048 | 8,922 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 273,520 | 236,362 | 390,740 | 377,414 | 387,406 | 231,020 | 420,169 | 2,530,326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 299,595 | 312,864 | 408,228 | 387,557 | 389,575 | 246,199 | 420,169 | 2,538,993 | 1,150,827 | 240,020 | 148,665 | 602,248 | 586,064 | 613,201 | 402,698 |
| loans | 25,000 | 35,000 | 45,000 | 0 | 0 | 0 | 500,000 | 500,000 | 0 | 0 | 1,401,289 | 859,105 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,378,869 | 1,558,869 | 1,594,549 | 1,897,369 | 2,519,369 | 2,352,370 | 1,878,922 | 48,242 | 1,238,658 | 1,406,438 | 0 | 0 | 688,521 | 762,309 | 0 |
| provisions | 379,067 | 278,416 | 276,231 | 274,229 | 270,142 | 391,748 | 368,014 | 356,790 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,782,936 | 1,872,285 | 1,915,780 | 2,171,598 | 2,789,511 | 2,744,118 | 2,746,936 | 905,032 | 1,238,658 | 1,406,438 | 1,401,289 | 859,105 | 688,521 | 762,309 | 629,501 |
| total liabilities | 2,082,531 | 2,185,149 | 2,324,008 | 2,559,155 | 3,179,086 | 2,990,317 | 3,167,105 | 3,444,025 | 2,389,485 | 1,646,458 | 1,549,954 | 1,461,353 | 1,274,585 | 1,375,510 | 1,032,199 |
| net assets | 2,529,467 | 2,436,128 | 2,223,352 | 2,045,025 | 1,885,120 | 1,597,221 | 1,424,171 | 1,301,295 | -155,861 | -47,671 | -66,396 | -14,616 | 4,678 | 41,236 | -40,372 |
| total shareholders funds | 2,529,467 | 2,436,128 | 2,223,352 | 2,045,025 | 1,885,120 | 1,597,221 | 1,424,171 | 1,301,295 | -155,861 | -47,671 | -66,396 | -14,616 | 4,678 | 41,236 | -40,372 |
| 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 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 9,150 | 14,365 | 14,154 | 34,177 | 29,360 | 27,403 | 24,780 | 83,877 | 126,215 | 72,183 | 68,112 | 58,580 | 37,329 | 39,020 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 13,292 | -10,017 | -14,145 | 22,196 | -7,650 | 1,461 | -3,763 | -8,627 | 24,099 | -5,618 | 2,197 | 3,421 | 0 | -2,158 | 2,158 |
| Creditors | 1,264 | 1,263 | -5,952 | 7,974 | -13,010 | 15,179 | -8,235 | -1,142,592 | 912,134 | 90,028 | -453,583 | 16,184 | -27,137 | 210,503 | 402,698 |
| Accruals and Deferred Income | 37,158 | -154,378 | 13,326 | -9,992 | 156,386 | -189,149 | -2,110,157 | 2,530,326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 100,651 | 2,185 | 2,002 | 4,087 | -121,606 | 23,734 | 11,224 | 356,790 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 69,760 | 0 | 100 | 0 | 0 | 2,402 | 4,498,547 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -51,691 | 52,126 | 8,922 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | 45,000 | 0 | 0 | -500,000 | 0 | 500,000 | 0 | -1,401,289 | 542,184 | 859,105 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -180,000 | -35,680 | -302,820 | -622,000 | 166,999 | 473,448 | 1,830,680 | -1,190,416 | -167,780 | 1,406,438 | 0 | -688,521 | -73,788 | 762,309 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -13,421 | 22,766 | -30,021 | -477,204 | 504,065 | -3,675 | -112,617 | 53,199 | 70,229 | -15,871 | 7,992 | 8,931 | -21,069 | 21,084 | 0 |
| overdraft | 0 | 5,625 | 4,375 | 0 | 0 | 0 | -432 | 432 | -1,327 | 1,327 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -13,421 | 17,141 | -34,396 | -477,204 | 504,065 | -3,675 | -112,185 | 52,767 | 71,556 | -17,198 | 7,992 | 8,931 | -21,069 | 21,084 | 0 |
work rural ltd Credit Report and Business Information
Work Rural Ltd Competitor Analysis
Perform a competitor analysis for work rural ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BA14 area or any other competitors across 12 key performance metrics.
work rural ltd Ownership
WORK RURAL LTD group structure
Work Rural Ltd has 2 subsidiary companies.
Ultimate parent company
WORK RURAL LTD
06652842
2 subsidiaries
work rural ltd directors
Work Rural Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Kirkham (Jul 2008) and Ms Alix Kirkham (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Kirkham | 58 years | Jul 2008 | - | Director | |
| Ms Alix Kirkham | United Kingdom | 56 years | Sep 2009 | - | Director |
P&L
March 2023turnover
198.2k
+121%
operating profit
240.7k
0%
gross margin
75.5%
+1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.5m
+0.04%
total assets
4.6m
0%
cash
14.4k
-0.48%
net assets
Total assets minus all liabilities
work rural ltd company details
company number
06652842
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
July 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
the old tannery (holt) limited (June 2021)
accountant
-
auditor
-
address
the courtyard, 33 duke street, trowbridge, wiltshire, BA14 8EA
Bank
-
Legal Advisor
-
work rural ltd 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 3 charges/mortgages relating to work rural ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
work rural ltd Companies House Filings - See Documents
| date | description | view/download |
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