ancient wessex network cic

ancient wessex network cic Company Information

Share ANCIENT WESSEX NETWORK CIC
Live 
EstablishedMicroRapid

Company Number

07509412

Industry

Artistic creation

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

40 elwell street, upwey, weymouth, dorset, DT3 5QF

ancient wessex network cic Estimated Valuation

£1.7k

Pomanda estimates the enterprise value of ANCIENT WESSEX NETWORK CIC at £1.7k based on a Turnover of £5.6k and 0.3x industry multiple (adjusted for size and gross margin).

ancient wessex network cic Estimated Valuation

£328

Pomanda estimates the enterprise value of ANCIENT WESSEX NETWORK CIC at £328 based on an EBITDA of £80 and a 4.11x industry multiple (adjusted for size and gross margin).

ancient wessex network cic Estimated Valuation

£1.6k

Pomanda estimates the enterprise value of ANCIENT WESSEX NETWORK CIC at £1.6k based on Net Assets of £1.3k and 1.23x industry multiple (adjusted for liquidity).

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Ancient Wessex Network Cic Overview

Ancient Wessex Network Cic is a live company located in weymouth, DT3 5QF with a Companies House number of 07509412. It operates in the artistic creation sector, SIC Code 90030. Founded in January 2011, it's largest shareholder is unknown. Ancient Wessex Network Cic is a established, micro sized company, Pomanda has estimated its turnover at £5.6k with rapid growth in recent years.

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Ancient Wessex Network Cic Health Check

Pomanda's financial health check has awarded Ancient Wessex Network Cic a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £5.6k, make it smaller than the average company (£261.7k)

£5.6k - Ancient Wessex Network Cic

£261.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 144%, show it is growing at a faster rate (6.6%)

144% - Ancient Wessex Network Cic

6.6% - Industry AVG

production

Production

with a gross margin of 8.4%, this company has a higher cost of product (45.9%)

8.4% - Ancient Wessex Network Cic

45.9% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (3.8%)

1.4% - Ancient Wessex Network Cic

3.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Ancient Wessex Network Cic

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.3k, the company has an equivalent pay structure (£25.3k)

£25.3k - Ancient Wessex Network Cic

£25.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.6k, this is less efficient (£71.4k)

£5.6k - Ancient Wessex Network Cic

£71.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ancient Wessex Network Cic

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (22 days)

1 days - Ancient Wessex Network Cic

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ancient Wessex Network Cic

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4686 weeks, this is more cash available to meet short term requirements (118 weeks)

4686 weeks - Ancient Wessex Network Cic

118 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (29.8%)

1.1% - Ancient Wessex Network Cic

29.8% - Industry AVG

ANCIENT WESSEX NETWORK CIC financials

EXPORTms excel logo

Ancient Wessex Network Cic's latest turnover from January 2024 is £5.6 thousand and the company has net assets of £1.3 thousand. According to their latest financial statements, we estimate that Ancient Wessex Network Cic has 1 employee and maintains cash reserves of £1.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover5,6355,1471,4303904,8602,9454,6468,6593,7792,7645903,2501,000
Other Income Or Grants0000000000000
Cost Of Sales5,1644,7101,07403,5162,4013,9918,1903,2971,6465623,1861,000
Gross Profit4714373563901,3445446554694821,11828640
Admin Expenses3914293523571,332497289379271303282935
Operating Profit808433124736690211815035-35
Interest Payable0000000000000
Interest Receivable0000000000000
Pre-Tax Profit808433124736690211815035-35
Tax-15-2-1-6-2-9-70-18-42-163000
Profit After Tax656327103829672169652035-35
Dividends Paid0000000000000
Retained Profit656327103829672169652035-35
Employee Costs25,34625,82625,56525,57024,24225,48725,08526,77426,74227,97727,43127,56026,318
Number Of Employees1111111111111
EBITDA*808433124736690211815035-35

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets0000000000000
Intangible Assets0000000000000
Investments & Other0000200000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets0000200000000
Stock & work in progress0000000000000
Trade Debtors03301,3105801,3006704009302890000
Group Debtors0000000000000
Misc Debtors0000000000000
Cash1,3529442079391885658592815741,51547767150
misc current assets0000000000000
total current assets1,3521,2741,5171,5191,4881,2351,2591,2118631,51547767150
total assets1,3521,2741,5171,5191,4901,2351,2591,2118631,51547767150
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 1522512562529703184286347767185
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities1522512562529703184286347767185
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0000000000000
total liabilities1522512562529703184286347767185
net assets1,3371,2721,2661,2631,2381,2261,18989382165200-35
total shareholders funds1,3371,2721,2661,2631,2381,2261,18989382165200-35
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit808433124736690211815035-35
Depreciation0000000000000
Amortisation0000000000000
Tax-15-2-1-6-2-9-70-18-42-163000
Stock0000000000000
Debtors-330-980730-720630270-5306412890000
Creditors13-249-54243-61-248276-821386-19458685
Accruals and Deferred Income0000000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations408737-732751-377-293578-293-9411,038-19462150
Investing Activities
capital expenditure0000000000000
Change in Investments000-2200000000
cash flow from investments0002-200000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000-22-10000000
interest0000000000000
cash flow from financing000-22-10000000
cash and cash equivalents
cash408737-732751-377-294578-293-9411,038-19462150
overdraft0000000000000
change in cash408737-732751-377-294578-293-9411,038-19462150

ancient wessex network cic 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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Ancient Wessex Network Cic Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ancient wessex network cic by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in DT3 area or any other competitors across 12 key performance metrics.

ancient wessex network cic Ownership

ANCIENT WESSEX NETWORK CIC group structure

Ancient Wessex Network Cic has no subsidiary companies.

Ultimate parent company

ANCIENT WESSEX NETWORK CIC

07509412

ANCIENT WESSEX NETWORK CIC Shareholders

--

ancient wessex network cic directors

Ancient Wessex Network Cic currently has 3 directors. The longest serving directors include Mr William Crumbleholme (Jan 2011) and Mr Mark Vyvyan-Penney (Jan 2011).

officercountryagestartendrole
Mr William Crumbleholme70 years Jan 2011- Director
Mr Mark Vyvyan-PenneyEngland65 years Jan 2011- Director
Mr William Brown55 years Jan 2014- Director

P&L

January 2024

turnover

5.6k

+9%

operating profit

80

+900%

gross margin

8.4%

-1.55%

turnover

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

Balance Sheet

January 2024

net assets

1.3k

+0.05%

total assets

1.4k

+0.06%

cash

1.4k

+0.43%

net assets

Total assets minus all liabilities

ancient wessex network cic company details

company number

07509412

Type

Private Ltd By Guarantee w/o Share Cap

industry

90030 - Artistic creation

incorporation date

January 2011

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

40 elwell street, upwey, weymouth, dorset, DT3 5QF

Bank

CO-OPERATIVE BANK PLC

Legal Advisor

-

ancient wessex network cic 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 ancient wessex network cic.

ancient wessex network cic 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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ancient wessex network cic Companies House Filings - See Documents

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