wealth dragons limited

Live EstablishedMidLow

wealth dragons limited Company Information

Share WEALTH DRAGONS LIMITED

Company Number

06950495

Directors

Vincent Wong

Shareholders

vincent wong

Group Structure

View All

Industry

Other education n.e.c.

 

Registered Address

scorpio house, linford wood business park, milton keynes, MK14 6LY

wealth dragons limited Estimated Valuation

£6.7m

Pomanda estimates the enterprise value of WEALTH DRAGONS LIMITED at £6.7m based on a Turnover of £9.6m and 0.7x industry multiple (adjusted for size and gross margin).

wealth dragons limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WEALTH DRAGONS LIMITED at £0 based on an EBITDA of £-361.7k and a 3.77x industry multiple (adjusted for size and gross margin).

wealth dragons limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of WEALTH DRAGONS LIMITED at £4.1m based on Net Assets of £1.8m and 2.22x industry multiple (adjusted for liquidity).

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Wealth Dragons Limited Overview

Wealth Dragons Limited is a live company located in milton keynes, MK14 6LY with a Companies House number of 06950495. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in July 2009, it's largest shareholder is vincent wong with a 100% stake. Wealth Dragons Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.6m with low growth in recent years.

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Wealth Dragons Limited Health Check

Pomanda's financial health check has awarded Wealth Dragons Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £9.6m, make it larger than the average company (£500.2k)

£9.6m - Wealth Dragons Limited

£500.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.3%)

1% - Wealth Dragons Limited

6.3% - Industry AVG

production

Production

with a gross margin of 30.8%, this company has a higher cost of product (56.7%)

30.8% - Wealth Dragons Limited

56.7% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (4.7%)

-3.8% - Wealth Dragons Limited

4.7% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (12)

7 - Wealth Dragons Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)

£29.5k - Wealth Dragons Limited

£29.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.4m, this is more efficient (£53.8k)

£1.4m - Wealth Dragons Limited

£53.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 135 days, this is later than average (18 days)

135 days - Wealth Dragons Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 95 days, this is slower than average (24 days)

95 days - Wealth Dragons Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wealth Dragons Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (111 weeks)

0 weeks - Wealth Dragons Limited

111 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.7%, this is a higher level of debt than the average (24.5%)

48.7% - Wealth Dragons Limited

24.5% - Industry AVG

WEALTH DRAGONS LIMITED financials

EXPORTms excel logo

Wealth Dragons Limited's latest turnover from December 2023 is estimated at £9.6 million and the company has net assets of £1.8 million. According to their latest financial statements, Wealth Dragons Limited has 7 employees and maintains cash reserves of £780 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Turnover9,552,3749,821,8609,676,8259,396,4599,402,0711,148,7891,155,110716,2571,953,1551,141,720202,948263,905279,599142,703
Other Income Or Grants00000000000000
Cost Of Sales6,614,9176,904,1626,933,4046,916,9196,698,004829,798840,529508,3461,249,852669,472143,756181,280191,65995,207
Gross Profit2,937,4562,917,6982,743,4212,479,5402,704,067318,991314,581207,910703,303472,24859,19182,62587,93947,496
Admin Expenses3,299,1782,845,0682,593,1413,192,0113,419,706193,480332,263788,620658,945426,71675,177103,360140,431114,894
Operating Profit-361,72272,630150,280-712,471-715,639125,511-17,682-580,71044,35845,532-15,986-20,735-52,492-67,398
Interest Payable002,84314,61913,1342600000000
Interest Receivable1601181124803,2685840795400158119186130
Pre-Tax Profit-361,56272,748147,549-726,610-725,505125,543-17,275-579,75644,35845,532-15,828-20,616-52,306-67,268
Tax0-13,822-28,03400-23,85300-9,861-7,3320000
Profit After Tax-361,56258,926119,515-726,610-725,505101,690-17,275-579,75634,49738,200-15,828-20,616-52,306-67,268
Dividends Paid0000000095,00075,0000000
Retained Profit-361,56258,926119,515-726,610-725,505101,690-17,275-579,756-60,503-36,800-15,828-20,616-52,306-67,268
Employee Costs206,838281,242328,785293,737511,200391,610355,929287,228587,064336,57172,19694,49693,25245,401
Number Of Employees71012112016151224143442
EBITDA*-361,72272,630183,255-668,515-643,350170,78431,624-564,85052,93653,095-11,382-16,267-47,806-65,463

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Tangible Assets2,2290013,62545,07818,56927,41531,08225,73822,68913,81513,40714,0595,806
Intangible Assets00018,90247,72595,05099,31049,500000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets2,2290032,52792,803113,619126,72580,58225,73822,68913,81513,40714,0595,806
Stock & work in progress00000000000000
Trade Debtors3,556,8453,982,6723,886,3773,631,0933,513,134324,818287,945156,639158,98519,782035,00033,7000
Group Debtors000001,951,3781,027,0430000000
Misc Debtors00000265,831163,150205,444183,66346,0850000
Cash7805,3001,45988,327871,455423,362301,99979,54867,42637,69225,35722,24452,156
misc current assets00000000000000
total current assets3,557,6253,987,9723,887,8363,719,4204,384,5892,542,0311,501,500664,082422,196133,29337,69260,35755,94452,156
total assets3,559,8543,987,9723,887,8363,751,9474,477,3922,655,6501,628,225744,664447,934155,98251,50773,76470,00357,962
Bank overdraft00040,984080900000000
Bank loan0002,3150000000000
Trade Creditors 1,733,1801,799,7361,715,827426,0531,352,652251,661411,214188,87793,27317,14865,02571,454119,57755,230
Group/Directors Accounts000001,802,15237,7480000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities000767,1150254,899934,824294,073225,074162,5690000
total current liabilities1,733,1801,799,7361,715,8271,236,4671,352,6522,309,5211,383,786482,950318,347179,71765,02571,454119,57755,230
loans00047,685388,335000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0042,699458,0000000000000
provisions00000000000000
total long term liabilities0042,699505,685388,335000000000
total liabilities1,733,1801,799,7361,758,5261,742,1521,740,9872,309,5211,383,786482,950318,347179,71765,02571,454119,57755,230
net assets1,826,6742,188,2362,129,3102,009,7952,736,405346,129244,439261,714129,587-23,735-13,5182,310-49,5742,732
total shareholders funds1,826,6742,188,2362,129,3102,009,7952,736,405346,129244,439261,714129,587-23,735-13,5182,310-49,5742,732
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Operating Activities
Operating Profit-361,72272,630150,280-712,471-715,639125,511-17,682-580,71044,35845,532-15,986-20,735-52,492-67,398
Depreciation0014,07315,13324,96411,86916,23010,3608,5787,5634,6044,4684,6861,935
Amortisation0018,90228,82347,32533,40433,0765,500000000
Tax0-13,822-28,03400-23,85300-9,861-7,3320000
Stock00000000000000
Debtors-425,82796,295255,284117,959971,1071,063,8891,116,05519,435276,78165,867-35,0001,30033,7000
Creditors-66,55683,9091,289,774-926,5991,100,991-159,553222,33795,60476,125-47,877-6,429-48,12364,34755,230
Accruals and Deferred Income00-767,115767,115-254,899-679,925640,75168,99962,505162,5690000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-2,45146,422422,596-945,958-768,365-1,756,436-221,343-419,682-95,07694,58817,189-65,690-17,159-10,233
Investing Activities
capital expenditure-2,2290-44816,320-51,473-32,167-95,449-70,704-11,627-16,437-5,012-3,816-12,939-7,741
Change in Investments00000000000000
cash flow from investments-2,2290-44816,320-51,473-32,167-95,449-70,704-11,627-16,437-5,012-3,816-12,939-7,741
Financing Activities
Bank loans00-2,3152,3150000000000
Group/Directors Accounts0000-1,802,1521,764,40437,7480000000
Other Short Term Loans 00000000000000
Long term loans00-47,685-340,650388,335000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0-42,699-415,301458,0000000000000
share issue00003,115,78100711,883213,82526,583072,500070,000
interest160118-2,731-14,139-9,8663240795400158119186130
cash flow from financing160-42,581-468,032105,5261,692,0981,764,43638,155712,837213,82526,58315872,61918670,130
cash and cash equivalents
cash-4,5203,841-86,868-783,128871,451-23,358-278,637222,45112,12229,73412,3353,113-29,91252,156
overdraft00-40,98440,984-80980900000000
change in cash-4,5203,841-45,884-824,112872,260-24,167-278,637222,45112,12229,73412,3353,113-29,91252,156

wealth dragons 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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Wealth Dragons Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wealth dragons limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in MK14 area or any other competitors across 12 key performance metrics.

wealth dragons limited Ownership

WEALTH DRAGONS LIMITED group structure

Wealth Dragons Limited has no subsidiary companies.

Ultimate parent company

1 parent

WEALTH DRAGONS LIMITED

06950495

WEALTH DRAGONS LIMITED Shareholders

vincent wong 100%

wealth dragons limited directors

Wealth Dragons Limited currently has 1 director, Mr Vincent Wong serving since Jul 2009.

officercountryagestartendrole
Mr Vincent WongUnited Kingdom57 years Jul 2009- Director

P&L

December 2023

turnover

9.6m

-3%

operating profit

-361.7k

0%

gross margin

30.8%

+3.52%

turnover

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

Balance Sheet

December 2023

net assets

1.8m

-0.17%

total assets

3.6m

-0.11%

cash

780

-0.85%

net assets

Total assets minus all liabilities

wealth dragons limited company details

company number

06950495

Type

Private limited with Share Capital

industry

85590 - Other education n.e.c.

incorporation date

July 2009

age

16

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

scorpio house, linford wood business park, milton keynes, MK14 6LY

Bank

-

Legal Advisor

-

wealth dragons 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 wealth dragons limited. Currently there are 1 open charges and 0 have been satisfied in the past.

wealth dragons 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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wealth dragons limited Companies House Filings - See Documents

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