wight enterprise limited

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wight enterprise limited Company Information

Share WIGHT ENTERPRISE LIMITED

Company Number

06819092

Shareholders

streamray inc.

Group Structure

View All

Industry

Other amusement and recreation activities

 

Registered Address

quatro house, suite 117f, lyon way, camberley, surrey, GU16 7ER

wight enterprise limited Estimated Valuation

£69k

Pomanda estimates the enterprise value of WIGHT ENTERPRISE LIMITED at £69k based on a Turnover of £85.3k and 0.81x industry multiple (adjusted for size and gross margin).

wight enterprise limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WIGHT ENTERPRISE LIMITED at £0 based on an EBITDA of £-28.4k and a 4.09x industry multiple (adjusted for size and gross margin).

wight enterprise limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WIGHT ENTERPRISE LIMITED at £0 based on Net Assets of £-22.5k and 1.84x industry multiple (adjusted for liquidity).

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Wight Enterprise Limited Overview

Wight Enterprise Limited is a live company located in camberley, GU16 7ER with a Companies House number of 06819092. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in February 2009, it's largest shareholder is streamray inc. with a 100% stake. Wight Enterprise Limited is a established, micro sized company, Pomanda has estimated its turnover at £85.3k with declining growth in recent years.

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Wight Enterprise Limited Health Check

Pomanda's financial health check has awarded Wight Enterprise Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £85.3k, make it smaller than the average company (£463.9k)

£85.3k - Wight Enterprise Limited

£463.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (10.2%)

-26% - Wight Enterprise Limited

10.2% - Industry AVG

production

Production

with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)

63.8% - Wight Enterprise Limited

63.8% - Industry AVG

profitability

Profitability

an operating margin of -33.3% make it less profitable than the average company (8%)

-33.3% - Wight Enterprise Limited

8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - Wight Enterprise Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)

£20.4k - Wight Enterprise Limited

£20.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £42.7k, this is less efficient (£62.7k)

£42.7k - Wight Enterprise Limited

£62.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Wight Enterprise Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 315 days, this is slower than average (41 days)

315 days - Wight Enterprise Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wight Enterprise Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 50 weeks, this is less cash available to meet short term requirements (73 weeks)

50 weeks - Wight Enterprise Limited

73 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 102.4%, this is a higher level of debt than the average (38.5%)

102.4% - Wight Enterprise Limited

38.5% - Industry AVG

WIGHT ENTERPRISE LIMITED financials

EXPORTms excel logo

Wight Enterprise Limited's latest turnover from December 2023 is estimated at £85.3 thousand and the company has net assets of -£22.5 thousand. According to their latest financial statements, we estimate that Wight Enterprise Limited has 2 employees and maintains cash reserves of £953.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover85,330179,246213,8024,265,228299,5328,11410,5222,295106,805
Other Income Or Grants
Cost Of Sales30,90969,60482,6921,760,276127,48544379,73445,461
Gross Profit54,421109,642131,1102,504,952172,0487,671-69,2122,29561,344
Admin Expenses82,806-3,776105,872126,908-13,066-3,097-10,6282,486,970169,4435457201,14154,343
Operating Profit-28,3853,7763,7704,20213,0663,09710,62817,9822,6057,126-69,9321,1547,001
Interest Payable4,6954,883
Interest Receivable25,030187187
Pre-Tax Profit-3,3553,7763,7704,20213,0663,0975,93213,2862,7935,630-69,9321,0967,001
Tax-717-716-798-2,482-588-1,127-2,657-559-219-1,960
Profit After Tax-3,3553,0593,0533,40410,5832,5094,80510,6292,2345,630-69,9328775,040
Dividends Paid
Retained Profit-3,3553,0593,0533,40410,5832,5094,80510,6292,2345,630-69,9328775,040
Employee Costs40,8011,377,870115,62316,83217,03317,61551,039
Number Of Employees25587711113
EBITDA*-28,3853,7763,7704,20213,0663,09710,62817,9822,6057,126-69,9321,1547,001

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors7,1807,180150,2487,598576,381
Group Debtors5,9545,323
Misc Debtors6,4106,9158,0667,3137,14555
Cash953,52974,948
misc current assets
total current assets953,52913,5917,1806,9168,0677,314157,39482,54657555,9545,3236,381
total assets953,52913,5917,1806,9168,0677,314157,39482,54657555,9545,3236,381
Bank overdraft150,248
Bank loan
Trade Creditors 26,745139,7631,340
Group/Directors Accounts949,31419,17535,82532,46835,60747,34149,09753,73359,50863,563
other short term finances
hp & lease commitments
other current liabilities219
total current liabilities976,05919,17535,82532,46835,60747,34149,097203,982139,76359,50863,5632191,340
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities976,05919,17535,82532,46835,60747,34149,097203,982139,76359,50863,5632191,340
net assets-22,530-19,175-22,234-25,287-28,691-39,274-41,783-46,588-57,217-59,451-63,5085,7355,3235,042
total shareholders funds-22,530-19,175-22,234-25,287-28,691-39,274-41,783-46,588-57,217-59,451-63,5085,7355,3235,042
Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-28,3853,7763,7704,20213,0663,09710,62817,9822,6057,126-69,9321,1547,001
Depreciation
Amortisation
Tax-717-716-798-2,482-588-1,127-2,657-559-219-1,960
Stock
Debtors-13,5916,411265-1,151753-150,080149,7967,5411-5,899631-1,0586,381
Creditors26,745-139,763139,763-1,3401,340
Accruals and Deferred Income-219219
Deferred Taxes & Provisions
Cash flow from operations-1,64016,650-3,3573,13911,7351,756159,581-274,234134,2687,125-64,252523-282
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts930,139-16,6503,358-3,139-11,734-1,756-4,63753,733-59,508-4,05663,563
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,573689-4652812
interest25,030-4,695-4,696187
cash flow from financing955,169-16,6503,358-3,139-11,734-1,756-9,33249,037-59,321-5,62964,252-4652812
cash and cash equivalents
cash953,529-74,94874,948
overdraft-150,248150,248
change in cash953,529150,248-225,19674,948

wight enterprise limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wight Enterprise Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wight enterprise limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in GU16 area or any other competitors across 12 key performance metrics.

wight enterprise limited Ownership

WIGHT ENTERPRISE LIMITED group structure

Wight Enterprise Limited has no subsidiary companies.

Ultimate parent company

WIGHT ENTERPRISE LIMITED

06819092

WIGHT ENTERPRISE LIMITED Shareholders

streamray inc. 100%

wight enterprise limited directors

Wight Enterprise Limited currently has 2 directors. The longest serving directors include Mr Christopher Backhouse (May 2009) and Mr Philip Purpura (Jul 2024).

officercountryagestartendrole
Mr Christopher BackhouseUnited Kingdom67 years May 2009- Director
Mr Philip PurpuraUnited Kingdom49 years Jul 2024- Director

P&L

December 2023

turnover

85.3k

0%

operating profit

-28.4k

0%

gross margin

63.8%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-22.5k

+0.17%

total assets

953.5k

0%

cash

953.5k

0%

net assets

Total assets minus all liabilities

wight enterprise limited company details

company number

06819092

Type

Private limited with Share Capital

industry

93290 - Other amusement and recreation activities

incorporation date

February 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

quatro house, suite 117f, lyon way, camberley, surrey, GU16 7ER

Bank

-

Legal Advisor

-

wight enterprise 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 1 charges/mortgages relating to wight enterprise limited. Currently there are 1 open charges and 0 have been satisfied in the past.

wight enterprise 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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wight enterprise limited Companies House Filings - See Documents

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