wearside accommodation services limited
wearside accommodation services limited Company Information
Company Number
07427570
Registered Address
21 north bridge street, sunderland, tyne and wear, SR5 1AB
Industry
Other accommodation
Telephone
01915100033
Next Accounts Due
December 2024
Group Structure
View All
Directors
Richard Wooler13 Years
Shareholders
victoria anne bianchi 50%
richard james wooler 50%
wearside accommodation services limited Estimated Valuation
Pomanda estimates the enterprise value of WEARSIDE ACCOMMODATION SERVICES LIMITED at £1.8m based on a Turnover of £2.4m and 0.74x industry multiple (adjusted for size and gross margin).
wearside accommodation services limited Estimated Valuation
Pomanda estimates the enterprise value of WEARSIDE ACCOMMODATION SERVICES LIMITED at £1.1m based on an EBITDA of £326.2k and a 3.48x industry multiple (adjusted for size and gross margin).
wearside accommodation services limited Estimated Valuation
Pomanda estimates the enterprise value of WEARSIDE ACCOMMODATION SERVICES LIMITED at £3.4m based on Net Assets of £2m and 1.67x industry multiple (adjusted for liquidity).
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Wearside Accommodation Services Limited Overview
Wearside Accommodation Services Limited is a live company located in tyne and wear, SR5 1AB with a Companies House number of 07427570. It operates in the other accommodation sector, SIC Code 55900. Founded in November 2010, it's largest shareholder is victoria anne bianchi with a 50% stake. Wearside Accommodation Services Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Wearside Accommodation Services Limited Health Check
Pomanda's financial health check has awarded Wearside Accommodation Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £2.4m, make it larger than the average company (£993k)
- Wearside Accommodation Services Limited
£993k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.4%)
- Wearside Accommodation Services Limited
4.4% - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (53.5%)
- Wearside Accommodation Services Limited
53.5% - Industry AVG
Profitability
an operating margin of 13.4% make it more profitable than the average company (5.2%)
- Wearside Accommodation Services Limited
5.2% - Industry AVG
Employees
with 32 employees, this is above the industry average (24)
- Wearside Accommodation Services Limited
24 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)
- Wearside Accommodation Services Limited
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £75.9k, this is more efficient (£48.9k)
- Wearside Accommodation Services Limited
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (16 days)
- Wearside Accommodation Services Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 411 days, this is slower than average (17 days)
- Wearside Accommodation Services Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wearside Accommodation Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wearside Accommodation Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.1%, this is a higher level of debt than the average (28%)
74.1% - Wearside Accommodation Services Limited
28% - Industry AVG
WEARSIDE ACCOMMODATION SERVICES LIMITED financials
Wearside Accommodation Services Limited's latest turnover from March 2023 is estimated at £2.4 million and the company has net assets of £2 million. According to their latest financial statements, we estimate that Wearside Accommodation Services Limited has 32 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,807,872 | 7,496,086 | 6,522,902 | 7,231,825 | 7,151,087 | 7,004,708 | 6,767,588 | 6,301,726 | 4,849,845 | 4,040,001 | 3,668,365 | 2,605,985 | 1,870,867 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 7,807,872 | 7,496,086 | 6,522,902 | 7,231,825 | 7,151,087 | 7,004,708 | 6,767,588 | 6,301,726 | 4,849,845 | 4,040,001 | 3,668,365 | 2,605,985 | 1,870,867 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,786 | 33,287 | 732,943 | 9,908 | 18,611 | 53,304 | 24,983 | 11,323 | 2,841 | 3,737 | 11,769 | 10,217 | 47,346 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,361 | 533 | 633 | 2,877 | 97,545 | 467,966 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,786 | 33,287 | 732,943 | 9,908 | 18,611 | 53,304 | 24,983 | 15,684 | 3,374 | 4,370 | 14,646 | 107,762 | 515,312 |
| total assets | 7,832,658 | 7,529,373 | 7,255,845 | 7,241,733 | 7,169,698 | 7,058,012 | 6,792,571 | 6,317,410 | 4,853,219 | 4,044,371 | 3,683,011 | 2,713,747 | 2,386,179 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,350 | 60,350 |
| Trade Creditors | 2,142,496 | 2,103,459 | 2,002,051 | 2,761,358 | 6,313,296 | 2,212,846 | 3,008,036 | 2,754,188 | 1,332,755 | 1,294,898 | 965,127 | 23,300 | 58,596 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 660,848 | 286,892 |
| total current liabilities | 2,142,496 | 2,103,459 | 2,002,051 | 2,761,358 | 6,313,296 | 2,212,846 | 3,008,036 | 2,754,188 | 1,332,755 | 1,294,898 | 965,127 | 744,498 | 405,838 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,119,921 | 1,140,037 |
| hp & lease commitments | 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 |
| other liabilities | 3,660,000 | 3,660,000 | 3,660,000 | 3,380,000 | 0 | 4,150,000 | 3,270,000 | 3,236,400 | 3,225,400 | 2,545,121 | 2,665,471 | 843,400 | 843,400 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 928 | 1,237 | 954 | 0 | 0 | 0 |
| total long term liabilities | 3,660,000 | 3,660,000 | 3,660,000 | 3,380,000 | 0 | 4,150,000 | 3,270,000 | 3,237,328 | 3,226,637 | 2,546,075 | 2,665,471 | 1,963,321 | 1,983,437 |
| total liabilities | 5,802,496 | 5,763,459 | 5,662,051 | 6,141,358 | 6,313,296 | 6,362,846 | 6,278,036 | 5,991,516 | 4,559,392 | 3,840,973 | 3,630,598 | 2,707,819 | 2,389,275 |
| net assets | 2,030,162 | 1,765,914 | 1,593,794 | 1,100,375 | 856,402 | 695,166 | 514,535 | 325,894 | 293,827 | 203,398 | 52,413 | 5,928 | -3,096 |
| total shareholders funds | 2,030,162 | 1,765,914 | 1,593,794 | 1,100,375 | 856,402 | 695,166 | 514,535 | 325,894 | 293,827 | 203,398 | 52,413 | 5,928 | -3,096 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 17,239 | 11,069 | 10,265 | 11,567 | 2,843 | 4,356 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,501 | -699,656 | 723,035 | -8,703 | -34,693 | 28,321 | 13,660 | 8,482 | -896 | -8,032 | 1,552 | -37,129 | 47,346 |
| Creditors | 39,037 | 101,408 | -759,307 | -3,551,938 | 4,100,450 | -795,190 | 253,848 | 1,421,433 | 37,857 | 329,771 | 941,827 | -35,296 | 58,596 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -660,848 | 373,956 | 286,892 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -928 | -309 | 283 | 954 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -60,350 | 0 | 60,350 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,119,921 | -20,116 | 1,140,037 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 280,000 | 3,380,000 | -4,150,000 | 880,000 | 33,600 | 11,000 | 680,279 | -120,350 | 1,822,071 | 0 | 843,400 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,361 | 3,828 | -100 | -2,244 | -94,668 | -370,421 | 467,966 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,361 | 3,828 | -100 | -2,244 | -94,668 | -370,421 | 467,966 |
wearside accommodation services limited Credit Report and Business Information
Wearside Accommodation Services Limited Competitor Analysis
Perform a competitor analysis for wearside accommodation services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
wearside accommodation services limited Ownership
WEARSIDE ACCOMMODATION SERVICES LIMITED group structure
Wearside Accommodation Services Limited has no subsidiary companies.
Ultimate parent company
WEARSIDE ACCOMMODATION SERVICES LIMITED
07427570
wearside accommodation services limited directors
Wearside Accommodation Services Limited currently has 1 director, Mr Richard Wooler serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Wooler | England | 73 years | Nov 2010 | - | Director |
P&L
March 2023turnover
2.4m
-15%
operating profit
326.2k
0%
gross margin
21.7%
+54.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2m
+0.15%
total assets
7.8m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
wearside accommodation services limited company details
company number
07427570
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
November 2010
age
14
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
21 north bridge street, sunderland, tyne and wear, SR5 1AB
last accounts submitted
March 2023
wearside accommodation services 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 36 charges/mortgages relating to wearside accommodation services limited. Currently there are 14 open charges and 22 have been satisfied in the past.
wearside accommodation services limited Companies House Filings - See Documents
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