urgent works ltd

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urgent works ltd Company Information

Share URGENT WORKS LTD

Company Number

07332463

Shareholders

mr kiranjit ahluwalia

mrs preety ahluwalia

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

the mill, pury hill business park, alderton road, towcester, NN12 7LS

Website

-

urgent works ltd Estimated Valuation

£75.9k

Pomanda estimates the enterprise value of URGENT WORKS LTD at £75.9k based on a Turnover of £110.9k and 0.68x industry multiple (adjusted for size and gross margin).

urgent works ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of URGENT WORKS LTD at £0 based on an EBITDA of £-9.5k and a 4.5x industry multiple (adjusted for size and gross margin).

urgent works ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of URGENT WORKS LTD at £0 based on Net Assets of £-28.8k and 1.96x industry multiple (adjusted for liquidity).

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Urgent Works Ltd Overview

Urgent Works Ltd is a live company located in alderton road, NN12 7LS with a Companies House number of 07332463. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2010, it's largest shareholder is mr kiranjit ahluwalia with a 50% stake. Urgent Works Ltd is a established, micro sized company, Pomanda has estimated its turnover at £110.9k with rapid growth in recent years.

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Urgent Works Ltd Health Check

Pomanda's financial health check has awarded Urgent Works Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £110.9k, make it smaller than the average company (£899k)

£110.9k - Urgent Works Ltd

£899k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.2%)

42% - Urgent Works Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)

41.1% - Urgent Works Ltd

41.1% - Industry AVG

profitability

Profitability

an operating margin of -8.6% make it less profitable than the average company (6.3%)

-8.6% - Urgent Works Ltd

6.3% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (14)

3 - Urgent Works Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)

£30.8k - Urgent Works Ltd

£30.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £37k, this is less efficient (£87.1k)

£37k - Urgent Works Ltd

£87.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 9 days, this is earlier than average (29 days)

9 days - Urgent Works Ltd

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (39 days)

0 days - Urgent Works Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Urgent Works Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (46 weeks)

0 weeks - Urgent Works Ltd

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1018.2%, this is a higher level of debt than the average (45%)

1018.2% - Urgent Works Ltd

45% - Industry AVG

URGENT WORKS LTD financials

EXPORTms excel logo

Urgent Works Ltd's latest turnover from August 2023 is estimated at £110.9 thousand and the company has net assets of -£28.8 thousand. According to their latest financial statements, Urgent Works Ltd has 3 employees and maintains cash reserves of £311 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Turnover110,885113,860126,87838,48494,403109,283120,47781,87439,19531,11419,77424,02424,956
Other Income Or Grants
Cost Of Sales65,29368,17376,73523,41956,97665,88471,17247,93823,27118,71011,50813,98014,284
Gross Profit45,59245,68750,14315,06437,42843,40049,30433,93615,92412,4048,26610,04410,672
Admin Expenses55,12840,70633,59112,60651,65056,91646,58846,03115,76516,9835,3104,89810,280
Operating Profit-9,5364,98116,5522,458-14,222-13,5162,716-12,095159-4,5792,9565,146392
Interest Payable6507848781,136700
Interest Receivable1019969692765183134248
Pre-Tax Profit-10,0844,29615,6801,331-14,854-13,4892,722-12,090178-4,5482,9905,170400
Tax-816-2,979-253-517-35-688-1,241-104
Profit After Tax-10,0843,48012,7011,078-14,854-13,4892,205-12,090142-4,5482,3023,929296
Dividends Paid
Retained Profit-10,0843,48012,7011,078-14,854-13,4892,205-12,090142-4,5482,3023,929296
Employee Costs92,25086,740112,01726,44481,17977,15074,48552,99526,34625,85425,81025,52825,384
Number Of Employees3341333211111
EBITDA*-9,5364,98116,5522,458-14,222-13,5162,716-12,0951,732-3,0044,5316,7211,967

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Tangible Assets
Intangible Assets1,5733,1484,7236,298
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,5733,1484,7236,298
Stock & work in progress
Trade Debtors2,8295,1663,8812,0942,5555,3122,5511,1954,1482,3091,3181,2831,115
Group Debtors
Misc Debtors8123,717222
Cash3113,5487,8044,25614,2444,0943,0722,0182,2425,1137,1716,3173,101
misc current assets
total current assets3,1408,71412,49710,06716,7999,4065,6233,4356,3907,4228,4897,6004,216
total assets3,1408,71412,49710,06716,7999,4065,6233,4356,3908,99511,63712,32310,514
Bank overdraft
Bank loan
Trade Creditors 19194564564561,3864,1696,9165,0107,99810,118
Group/Directors Accounts
other short term finances3,5955,3935,3925,393
hp & lease commitments
other current liabilities28,37618,58721,99928,02931,59929,17313,28713,304
total current liabilities31,97224,89927,84733,87832,05530,55913,28713,3044,1696,9165,0107,99810,118
loans2,5636,87811,11820,751
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities2,5636,87811,11820,751
total liabilities31,97227,46234,72544,99652,80630,55913,28713,3044,1696,9165,0107,99810,118
net assets-28,832-18,748-22,228-34,929-36,007-21,153-7,664-9,8692,2212,0796,6274,325396
total shareholders funds-28,832-18,748-22,228-34,929-36,007-21,153-7,664-9,8692,2212,0796,6274,325396
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011
Operating Activities
Operating Profit-9,5364,98116,5522,458-14,222-13,5162,716-12,095159-4,5792,9565,146392
Depreciation
Amortisation1,5731,5751,5751,5751,575
Tax-816-2,979-253-517-35-688-1,241-104
Stock
Debtors-2,337473-1,1183,256-2,7572,7611,134-2,7311,839991351681,115
Creditors-918463-9301,386-4,169-2,7471,906-2,988-2,12010,118
Accruals and Deferred Income9,789-3,412-6,030-3,5702,42615,886-1713,304
Deferred Taxes & Provisions
Cash flow from operations1,6727438,661-4,621-9,9699951,048-229-2,889-2,0898203,19210,866
Investing Activities
capital expenditure-7,873
Change in Investments
cash flow from investments-7,873
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -1,7981-15,393
Long term loans-2,563-4,315-4,240-9,63320,751
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-549-685-872-1,127-6312765183134248
cash flow from financing-4,910-4,999-5,113-5,36720,120276518313424108
cash and cash equivalents
cash-3,237-4,2563,548-9,98810,1501,0221,054-224-2,871-2,0588543,2163,101
overdraft
change in cash-3,237-4,2563,548-9,98810,1501,0221,054-224-2,871-2,0588543,2163,101

urgent works ltd 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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Urgent Works Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for urgent works ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NN12 area or any other competitors across 12 key performance metrics.

urgent works ltd Ownership

URGENT WORKS LTD group structure

Urgent Works Ltd has no subsidiary companies.

Ultimate parent company

URGENT WORKS LTD

07332463

URGENT WORKS LTD Shareholders

mr kiranjit ahluwalia 50%
mrs preety ahluwalia 50%

urgent works ltd directors

Urgent Works Ltd currently has 2 directors. The longest serving directors include Mrs Preety Ahluwalia (Aug 2010) and Mr Kiranjit Ahluwalia (Aug 2010).

officercountryagestartendrole
Mrs Preety AhluwaliaEngland55 years Aug 2010- Director
Mr Kiranjit AhluwaliaEngland55 years Aug 2010- Director

P&L

August 2023

turnover

110.9k

-3%

operating profit

-9.5k

0%

gross margin

41.2%

+2.47%

turnover

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

Balance Sheet

August 2023

net assets

-28.8k

+0.54%

total assets

3.1k

-0.64%

cash

311

-0.91%

net assets

Total assets minus all liabilities

urgent works ltd company details

company number

07332463

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

August 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

the mill, pury hill business park, alderton road, towcester, NN12 7LS

Bank

-

Legal Advisor

-

urgent works 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 did not find charges/mortgages relating to urgent works ltd.

urgent works ltd 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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urgent works ltd Companies House Filings - See Documents

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