Pomanda estimates the enterprise value of WORKSPACE PROPERTIES LIMITED at £1.5m based on a Turnover of £492.2k and 2.99x industry multiple (adjusted for size and gross margin).
workspace properties limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of WORKSPACE PROPERTIES LIMITED at £1.7m based on an EBITDA of £269.4k and a 6.42x industry multiple (adjusted for size and gross margin).
workspace properties limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of WORKSPACE PROPERTIES LIMITED at £2m based on Net Assets of £1.3m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Workspace Properties LimitedOverview
Workspace Properties Limited is a live company located in chorley, PR7 6RA with a Companies House number of 06962165. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2009, it's largest shareholder is
robert william jones
with a 50% stake. Workspace Properties Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£492.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Workspace Properties Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
5 Regular
6 Weak
Size
annual sales of £492.2k, make it smaller than the average company (£813.6k)
£492.2k - Workspace Properties Limited
£813.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (3.1%)
-50% - Workspace Properties Limited
3.1% - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
67.5% - Workspace Properties Limited
67.5% - Industry AVG
Profitability
an operating margin of 52.4% make it more profitable than the average company (26.4%)
52.4% - Workspace Properties Limited
26.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Workspace Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
£38.4k - Workspace Properties Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £123.1k, this is less efficient (£195k)
£123.1k - Workspace Properties Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (26 days)
26 days - Workspace Properties Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - Workspace Properties Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 6312 days, this is more than average (436 days)
6312 days - Workspace Properties Limited
436 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (7 weeks)
5 weeks - Workspace Properties Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a similar level of debt than the average (63.4%)
66.2% - Workspace Properties Limited
63.4% - Industry AVG
WORKSPACE PROPERTIES LIMITED financials
EXPORT
Workspace Properties Limited's latest turnover from March 2024 is estimated at £492.2 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Workspace Properties Limited has 4 employees and maintains cash reserves of £141.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
Turnover
492,206
361,524
322,592
4,027,298
671,778
391,980
627,619
361,460
279,703
382,493
613,330
367,427
425,981
342,437
Other Income Or Grants
Cost Of Sales
160,067
121,536
110,595
1,309,881
215,903
121,458
201,135
116,478
89,459
142,602
250,494
136,901
153,117
121,141
Gross Profit
332,139
239,989
211,997
2,717,417
455,876
270,522
426,484
244,981
190,244
239,891
362,836
230,526
272,864
221,296
Admin Expenses
74,184
12,468
38,411
2,121,702
217,960
114,814
243,496
98,415
37,040
208,463
302,522
239,439
185,742
183,945
Operating Profit
257,955
227,521
173,586
595,715
237,916
155,708
182,988
146,566
153,204
31,428
60,314
-8,913
87,122
37,351
Interest Payable
145,708
144,015
102,523
97,205
101,760
118,456
84,182
51,312
40,001
27,346
29,900
31,633
26,054
9,154
Interest Receivable
5,230
3,005
1,301
267
226
2,391
1,541
460
618
238
209
167
168
71
Pre-Tax Profit
117,477
86,511
72,364
498,777
136,383
39,642
100,347
95,714
113,820
4,320
30,623
-40,379
61,235
28,268
Tax
-29,369
-16,437
-13,749
-94,768
-25,913
-7,532
-19,066
-19,143
-22,764
-907
-7,043
-15,921
-7,915
Profit After Tax
88,108
70,074
58,615
404,009
110,470
32,110
81,281
76,571
91,056
3,413
23,580
-40,379
45,314
20,353
Dividends Paid
Retained Profit
88,108
70,074
58,615
404,009
110,470
32,110
81,281
76,571
91,056
3,413
23,580
-40,379
45,314
20,353
Employee Costs
153,722
144,191
110,280
106,955
116,422
116,007
141,093
140,000
75,368
70,088
107,083
65,834
97,810
66,347
Number Of Employees
4
4
3
3
3
3
4
4
2
2
3
2
3
2
EBITDA*
269,423
238,989
185,054
607,151
242,834
159,638
186,884
150,112
156,671
34,895
62,204
-7,023
89,012
37,631
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
Tangible Assets
689,666
51,134
62,602
73,752
20,008
15,048
18,635
19,031
21,785
25,252
12,949
14,839
16,729
2,520
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
689,666
51,134
62,602
73,752
20,008
15,048
18,635
19,031
21,785
25,252
12,949
14,839
16,729
2,520
Stock & work in progress
2,768,444
2,768,444
2,768,444
2,526,444
2,526,444
2,526,444
2,032,077
1,723,000
1,723,000
2,379,644
1,723,000
1,723,000
1,723,000
1,248,000
Trade Debtors
36,135
7,319
15,353
631,275
50,371
26,257
38,347
14,548
25,788
18,265
49,673
30,483
37,814
30,518
Group Debtors
Misc Debtors
104,960
30,136
30,778
641
642
72,282
357,658
5,365
21,340
Cash
141,926
57,325
84,073
262,941
270,104
182,202
455,365
160,847
207,191
39,889
55,419
28,156
38,717
28,335
misc current assets
total current assets
3,051,465
2,863,224
2,898,648
3,421,301
2,847,561
2,807,185
2,883,447
1,903,760
1,977,319
2,437,798
1,828,092
1,781,639
1,799,531
1,306,853
total assets
3,741,131
2,914,358
2,961,250
3,495,053
2,867,569
2,822,233
2,902,082
1,922,791
1,999,104
2,463,050
1,841,041
1,796,478
1,816,260
1,309,373
Bank overdraft
133,334
133,334
133,334
133,334
133,334
133,334
133,334
133,334
133,334
Bank loan
Trade Creditors
2,518
33,431
3,653
15,569
45,411
43,899
189,581
189,201
114,884
127,243
107,346
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,208,384
372,139
365,868
887,272
229,284
201,217
239,978
193,231
276,669
total current liabilities
1,344,236
538,904
502,855
1,020,606
362,618
350,120
373,312
371,976
453,902
189,581
189,201
114,884
127,243
107,346
loans
1,128,511
1,195,178
1,348,193
1,422,860
1,497,527
1,572,193
1,670,960
652,583
722,738
374,739
466,667
453,334
520,000
281,670
hp & lease commitments
Accruals and Deferred Income
other liabilities
359,846
362,812
352,812
474,515
474,766
1,641,395
933,333
1,000,000
900,000
900,000
provisions
3,805
3,805
3,805
3,805
3,805
3,805
3,805
3,805
4,357
5,050
2,968
2,968
3,346
total long term liabilities
1,132,316
1,198,983
1,351,998
1,426,665
1,861,178
1,938,810
2,027,577
1,130,903
1,201,861
2,021,184
1,402,968
1,456,302
1,423,346
1,181,670
total liabilities
2,476,552
1,737,887
1,854,853
2,447,271
2,223,796
2,288,930
2,400,889
1,502,879
1,655,763
2,210,765
1,592,169
1,571,186
1,550,589
1,289,016
net assets
1,264,579
1,176,471
1,106,397
1,047,782
643,773
533,303
501,193
419,912
343,341
252,285
248,872
225,292
265,671
20,357
total shareholders funds
1,264,579
1,176,471
1,106,397
1,047,782
643,773
533,303
501,193
419,912
343,341
252,285
248,872
225,292
265,671
20,357
Mar 2024
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
Operating Activities
Operating Profit
257,955
227,521
173,586
595,715
237,916
155,708
182,988
146,566
153,204
31,428
60,314
-8,913
87,122
37,351
Depreciation
11,468
11,468
11,468
11,436
4,918
3,930
3,896
3,546
3,467
3,467
1,890
1,890
1,890
280
Amortisation
Tax
-29,369
-16,437
-13,749
-94,768
-25,913
-7,532
-19,066
-19,143
-22,764
-907
-7,043
-15,921
-7,915
Stock
242,000
494,367
309,077
-656,644
656,644
475,000
1,248,000
Debtors
103,640
-8,676
-585,785
580,903
-47,526
-297,466
376,092
-27,215
28,863
-31,408
19,190
-7,331
7,296
30,518
Creditors
-30,913
29,778
3,653
-15,569
15,569
-45,411
1,512
-145,682
380
74,317
-12,359
19,897
107,346
Accruals and Deferred Income
836,245
6,271
-521,404
657,988
28,067
-38,761
46,747
-83,438
276,669
Deferred Taxes & Provisions
-552
-693
2,082
-378
3,346
Cash flow from operations
941,746
267,277
-2,661
589,468
276,945
-67,987
-516,015
75,706
891,982
-588,786
110,288
-12,429
-385,962
-1,141,456
Investing Activities
capital expenditure
-650,000
-318
-65,180
-9,878
-343
-3,500
-792
-15,770
-16,099
-2,800
Change in Investments
cash flow from investments
-650,000
-318
-65,180
-9,878
-343
-3,500
-792
-15,770
-16,099
-2,800
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-66,667
-153,015
-74,667
-74,667
-74,666
-98,767
1,018,377
-70,155
347,999
-91,928
13,333
-66,666
238,330
281,670
Hire Purchase and Lease Commitments
other long term liabilities
-359,846
-2,966
10,000
-121,703
-251
-1,166,629
708,062
-66,667
100,000
900,000
share issue
200,000
4
interest
-140,478
-141,010
-101,222
-96,938
-101,534
-116,065
-82,641
-50,852
-39,383
-27,108
-29,691
-31,466
-25,886
-9,083
cash flow from financing
-207,145
-294,025
-175,889
-531,451
-179,166
-204,832
814,033
-121,258
-858,013
589,026
-83,025
1,868
412,444
1,172,591
cash and cash equivalents
cash
84,601
-26,748
-178,868
-7,163
87,902
-273,163
294,518
-46,344
167,302
-15,530
27,263
-10,561
10,382
28,335
overdraft
133,334
change in cash
84,601
-26,748
-178,868
-7,163
87,902
-273,163
294,518
-46,344
33,968
-15,530
27,263
-10,561
10,382
28,335
workspace properties limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for workspace properties limited. Get real-time insights into workspace properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for workspace properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PR7 area or any other competitors across 12 key performance metrics.
workspace properties limited Ownership
WORKSPACE PROPERTIES LIMITED group structure
Workspace Properties Limited has no subsidiary companies.
Ultimate parent company
WORKSPACE PROPERTIES LIMITED
06962165
WORKSPACE PROPERTIES LIMITED Shareholders
The largest shareholders in Workspace Properties Limited include Robert William Jones and Mark Ivor Farnworth.
robert william jones
50%
mark ivor farnworth
50%
workspace properties limited directors
Workspace Properties Limited currently has 2 directors.
The longest serving directors include
Mr Mark Farnworth (Jul 2009) and
Mr Robert Jones (Mar 2010).
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 8 charges/mortgages relating to workspace properties limited. Currently there are 6 open charges and 2 have been satisfied in the past.
workspace properties 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.
Click to start generating capital raising & share issue transactions for WORKSPACE PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
workspace properties limitedCompanies House Filings - See Documents
