wealth dragons limited Company Information
Group Structure
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Industry
Other education n.e.c.
Registered Address
scorpio house, linford wood business park, milton keynes, MK14 6LY
Website
www.wealthdragons.comwealth dragons limited Estimated Valuation
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
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
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).
Edit your figures and get a professional valuation report.
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
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3 Strong
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1 Regular
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7 Weak
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Size
annual sales of £9.6m, make it larger than the average company (£500.2k)
- Wealth Dragons Limited
£500.2k - Industry AVG
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Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.3%)
- Wealth Dragons Limited
6.3% - Industry AVG
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Production
with a gross margin of 30.8%, this company has a higher cost of product (56.7%)
- Wealth Dragons Limited
56.7% - Industry AVG
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Profitability
an operating margin of -3.8% make it less profitable than the average company (4.7%)
- Wealth Dragons Limited
4.7% - Industry AVG
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Employees
with 7 employees, this is below the industry average (12)
7 - Wealth Dragons Limited
12 - Industry AVG
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Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Wealth Dragons Limited
£29.5k - Industry AVG
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Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£53.8k)
- Wealth Dragons Limited
£53.8k - Industry AVG
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Debtor Days
it gets paid by customers after 135 days, this is later than average (18 days)
- Wealth Dragons Limited
18 days - Industry AVG
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Creditor Days
its suppliers are paid after 95 days, this is slower than average (24 days)
- Wealth Dragons Limited
24 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wealth Dragons Limited
- - Industry AVG
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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
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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
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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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,953,155 | 1,141,720 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 1,249,852 | 669,472 | ||||||||||||
Gross Profit | 703,303 | 472,248 | ||||||||||||
Admin Expenses | 658,945 | 426,716 | ||||||||||||
Operating Profit | 44,358 | 45,532 | ||||||||||||
Interest Payable | 0 | 0 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | 44,358 | 45,532 | ||||||||||||
Tax | -9,861 | -7,332 | ||||||||||||
Profit After Tax | 34,497 | 38,200 | ||||||||||||
Dividends Paid | 95,000 | 75,000 | ||||||||||||
Retained Profit | -60,503 | -36,800 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 7 | 10 | 12 | 11 | 20 | 16 | 15 | 12 | ||||||
EBITDA* | 52,936 | 53,095 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,229 | 0 | 0 | 13,625 | 45,078 | 18,569 | 27,415 | 31,082 | 25,738 | 22,689 | 13,815 | 13,407 | 14,059 | 5,806 |
Intangible Assets | 0 | 0 | 0 | 18,902 | 47,725 | 95,050 | 99,310 | 49,500 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
Total Fixed Assets | 2,229 | 0 | 0 | 32,527 | 92,803 | 113,619 | 126,725 | 80,582 | 25,738 | 22,689 | 13,815 | 13,407 | 14,059 | 5,806 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,556,845 | 3,982,672 | 3,886,377 | 3,631,093 | 3,513,134 | 324,818 | 287,945 | 156,639 | 158,985 | 19,782 | 0 | 35,000 | 33,700 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 1,951,378 | 1,027,043 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 265,831 | 163,150 | 205,444 | 183,663 | 46,085 | 0 | 0 | 0 | 0 |
Cash | 780 | 5,300 | 1,459 | 88,327 | 871,455 | 4 | 23,362 | 301,999 | 79,548 | 67,426 | 37,692 | 25,357 | 22,244 | 52,156 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,557,625 | 3,987,972 | 3,887,836 | 3,719,420 | 4,384,589 | 2,542,031 | 1,501,500 | 664,082 | 422,196 | 133,293 | 37,692 | 60,357 | 55,944 | 52,156 |
total assets | 3,559,854 | 3,987,972 | 3,887,836 | 3,751,947 | 4,477,392 | 2,655,650 | 1,628,225 | 744,664 | 447,934 | 155,982 | 51,507 | 73,764 | 70,003 | 57,962 |
Bank overdraft | 0 | 0 | 0 | 40,984 | 0 | 809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 2,315 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,733,180 | 1,799,736 | 1,715,827 | 426,053 | 1,352,652 | 251,661 | 411,214 | 188,877 | 93,273 | 17,148 | 65,025 | 71,454 | 119,577 | 55,230 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,802,152 | 37,748 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 767,115 | 0 | 254,899 | 934,824 | 294,073 | 225,074 | 162,569 | 0 | 0 | 0 | 0 |
total current liabilities | 1,733,180 | 1,799,736 | 1,715,827 | 1,236,467 | 1,352,652 | 2,309,521 | 1,383,786 | 482,950 | 318,347 | 179,717 | 65,025 | 71,454 | 119,577 | 55,230 |
loans | 0 | 0 | 0 | 47,685 | 388,335 | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 42,699 | 458,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 42,699 | 505,685 | 388,335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,733,180 | 1,799,736 | 1,758,526 | 1,742,152 | 1,740,987 | 2,309,521 | 1,383,786 | 482,950 | 318,347 | 179,717 | 65,025 | 71,454 | 119,577 | 55,230 |
net assets | 1,826,674 | 2,188,236 | 2,129,310 | 2,009,795 | 2,736,405 | 346,129 | 244,439 | 261,714 | 129,587 | -23,735 | -13,518 | 2,310 | -49,574 | 2,732 |
total shareholders funds | 1,826,674 | 2,188,236 | 2,129,310 | 2,009,795 | 2,736,405 | 346,129 | 244,439 | 261,714 | 129,587 | -23,735 | -13,518 | 2,310 | -49,574 | 2,732 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 44,358 | 45,532 | ||||||||||||
Depreciation | 0 | 0 | 14,073 | 15,133 | 24,964 | 11,869 | 16,230 | 10,360 | 8,578 | 7,563 | 4,604 | 4,468 | 4,686 | 1,935 |
Amortisation | 0 | 0 | 18,902 | 28,823 | 47,325 | 33,404 | 33,076 | 5,500 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -9,861 | -7,332 | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -425,827 | 96,295 | 255,284 | 117,959 | 971,107 | 1,063,889 | 1,116,055 | 19,435 | 276,781 | 65,867 | -35,000 | 1,300 | 33,700 | 0 |
Creditors | -66,556 | 83,909 | 1,289,774 | -926,599 | 1,100,991 | -159,553 | 222,337 | 95,604 | 76,125 | -47,877 | -6,429 | -48,123 | 64,347 | 55,230 |
Accruals and Deferred Income | 0 | 0 | -767,115 | 767,115 | -254,899 | -679,925 | 640,751 | 68,999 | 62,505 | 162,569 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -95,076 | 94,588 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | -2,315 | 2,315 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -1,802,152 | 1,764,404 | 37,748 | 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 |
Long term loans | 0 | 0 | -47,685 | -340,650 | 388,335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -42,699 | -415,301 | 458,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | ||||||||||||
cash flow from financing | 213,825 | 26,583 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -4,520 | 3,841 | -86,868 | -783,128 | 871,451 | -23,358 | -278,637 | 222,451 | 12,122 | 29,734 | 12,335 | 3,113 | -29,912 | 52,156 |
overdraft | 0 | 0 | -40,984 | 40,984 | -809 | 809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,520 | 3,841 | -45,884 | -824,112 | 872,260 | -24,167 | -278,637 | 222,451 | 12,122 | 29,734 | 12,335 | 3,113 | -29,912 | 52,156 |
wealth dragons limited Credit Report and Business Information
Wealth Dragons Limited Competitor Analysis
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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.
wealth dragons limited directors
Wealth Dragons Limited currently has 1 director, Mr Vincent Wong serving since Jul 2009.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Vincent Wong | United Kingdom | 57 years | Jul 2009 | - | Director |
P&L
December 2023turnover
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 2023net 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
date | description | view/download |
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