wecap plc
wecap plc Company Information
Company Number
07603259
Next Accounts
Oct 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
25 eccleston place, london, SW1W 9NF
wecap plc Estimated Valuation
Pomanda estimates the enterprise value of WECAP PLC at £0 based on a Turnover of £0 and 1.25x industry multiple (adjusted for size and gross margin).
wecap plc Estimated Valuation
Pomanda estimates the enterprise value of WECAP PLC at £0 based on an EBITDA of £-425.1k and a 4.32x industry multiple (adjusted for size and gross margin).
wecap plc Estimated Valuation
Pomanda estimates the enterprise value of WECAP PLC at £9.6m based on Net Assets of £7.4m and 1.31x industry multiple (adjusted for liquidity).
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Wecap Plc Overview
Wecap Plc is a live company located in london, SW1W 9NF with a Companies House number of 07603259. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2011, it's largest shareholder is undisclosed with a 100% stake. Wecap Plc is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Wecap Plc Health Check
Pomanda's financial health check has awarded Wecap Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Wecap Plc
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Wecap Plc
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Wecap Plc
- - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
- - Wecap Plc
- - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has a lower pay structure (£80.6k)
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wecap Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
- - Wecap Plc
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.6%, this is a lower level of debt than the average (70.2%)
- - Wecap Plc
- - Industry AVG
WECAP PLC financials
Wecap Plc's latest turnover from April 2024 is 0 and the company has net assets of £7.4 million. According to their latest financial statements, Wecap Plc has 3 employees and maintains cash reserves of £49 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | -3,288 | -48,995 | 80,286 | ||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | 356,285 | 159,257 | |||||||||||
| Operating Profit | -425,082 | -1,279,326 | -388,559 | -293,025 | 116,708 | -641,176 | -870,941 | -388,123 | -356,285 | -159,257 | -65,377 | ||
| Interest Payable | 448,100 | 396,263 | 396,263 | 273,584 | 7,000 | 7,000 | 7,000 | 3,260 | 523 | ||||
| Interest Receivable | 9,500 | 220,932 | 360,000 | 244,616 | 8 | 10 | 106 | ||||||
| Pre-Tax Profit | -863,682 | -1,454,657 | -424,822 | -321,993 | 116,716 | -648,166 | -877,835 | -395,123 | -359,545 | -159,780 | -123,702 | -197,087 | -65,377 |
| Tax | |||||||||||||
| Profit After Tax | -863,682 | -1,454,657 | -424,822 | -321,993 | 116,716 | -648,166 | -877,835 | -395,123 | -359,545 | -159,780 | -123,702 | -197,087 | -65,377 |
| Dividends Paid | |||||||||||||
| Retained Profit | -863,682 | -1,454,657 | -424,822 | -321,993 | 116,716 | -648,166 | -831,175 | -381,914 | -357,691 | -159,302 | -121,311 | -193,841 | -65,377 |
| Employee Costs | 114,167 | 114,607 | 245,813 | 69,500 | 30,000 | 6,350 | 67,900 | 40,950 | 48,000 | 88,234 | 32,000 | 58,000 | 99,899 |
| Number Of Employees | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 1 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* | -425,082 | -1,279,326 | -388,387 | -293,025 | 116,708 | -641,176 | -870,941 | -388,123 | -356,285 | -159,257 | -65,377 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,400,881 | 101,186 | 801,375 | 814,677 | 54,566 | 7,906 | |||||||
| Intangible Assets | 135,439 | 322,154 | 362,252 | 214,396 | 139,982 | 87,693 | |||||||
| Investments & Other | 5,400,537 | 100,327 | 800,000 | 814,677 | 54,566 | 7,906 | |||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 5,400,881 | 101,186 | 801,375 | 814,677 | 190,005 | 330,060 | 362,252 | 214,396 | 139,982 | 87,693 | |||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 4,795 | 7,884 | |||||||||||
| Group Debtors | |||||||||||||
| Misc Debtors | 87,935 | 353,942 | 99,473 | 12,890 | 29,852 | 14,850 | 41,072 | 95,260 | 19,011 | 34,369 | 31,224 | 32,519 | 13,508 |
| Cash | 49,036 | 149,169 | 429,386 | 8,871 | 1,079 | 1,234 | 41,419 | 294,546 | 29,152 | 3,291 | 50,147 | 70,018 | |
| misc current assets | 7,813,524 | 12,214,205 | 9,273,273 | 4,853,456 | 226 | 749 | 94,714 | 322,677 | |||||
| total current assets | 7,950,495 | 12,717,316 | 9,802,132 | 4,875,217 | 30,931 | 20,879 | 82,491 | 95,260 | 313,557 | 71,631 | 35,264 | 177,380 | 406,203 |
| total assets | 13,351,376 | 12,818,502 | 10,603,507 | 5,689,894 | 30,931 | 20,879 | 272,496 | 425,320 | 675,809 | 286,027 | 175,246 | 265,073 | 406,203 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 11,103 | 270 | 5,773 | 57,734 | 43,065 | 334,243 | 216,561 | 13,431 | 123,380 | 31,091 | 22,364 | 20,594 | 6,065 |
| Group/Directors Accounts | 3,390 | 75 | 77,665 | ||||||||||
| other short term finances | 5,914,461 | 5,466,361 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 31,305 | 43,023 | 27,026 | 36,400 | 177,264 | 43,160 | 155,499 | 249,361 | 216,752 | 92,813 | 17,500 | 4,000 | 6,000 |
| total current liabilities | 5,956,869 | 5,509,654 | 32,799 | 97,524 | 220,404 | 455,068 | 372,060 | 262,792 | 340,132 | 123,904 | 39,864 | 24,594 | 12,065 |
| loans | 10,140,196 | 9,347,670 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 5,070,098 | 4,673,835 | |||||||||||
| total liabilities | 5,956,869 | 5,509,654 | 5,102,897 | 4,771,359 | 220,404 | 455,068 | 372,060 | 262,792 | 340,132 | 123,904 | 39,864 | 24,594 | 12,065 |
| net assets | 7,394,507 | 7,308,848 | 5,500,610 | 918,535 | -189,473 | -434,189 | -99,564 | 162,528 | 330,374 | 155,201 | 133,519 | 236,225 | 394,138 |
| total shareholders funds | 7,394,507 | 7,308,848 | 5,500,610 | 918,535 | -189,473 | -434,189 | -99,564 | 162,528 | 330,374 | 155,201 | 133,519 | 236,225 | 394,138 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -425,082 | -1,279,326 | -388,559 | -293,025 | 116,708 | -641,176 | -870,941 | -388,123 | -356,285 | -159,257 | -65,377 | ||
| Depreciation | 172 | ||||||||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -266,007 | 254,469 | 86,583 | -16,962 | 10,207 | -21,427 | -54,188 | 76,249 | -23,242 | 11,029 | -1,295 | 19,011 | 13,508 |
| Creditors | 10,833 | -5,503 | -51,961 | 14,669 | -291,178 | 117,682 | 203,130 | -109,949 | 92,289 | 8,727 | 1,770 | 14,529 | 6,065 |
| Accruals and Deferred Income | -11,718 | 15,997 | -9,374 | -140,864 | 134,104 | -112,339 | -93,862 | 32,609 | 123,939 | 75,313 | 13,500 | -2,000 | 6,000 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | -159,960 | -1,523,301 | -536,305 | -402,258 | -50,573 | -614,406 | -541,712 | -66,820 | |||||
| Investing Activities | |||||||||||||
| capital expenditure | -52,289 | -87,693 | |||||||||||
| Change in Investments | 5,300,210 | -699,673 | -14,677 | 814,677 | -54,566 | 46,660 | 7,906 | ||||||
| cash flow from investments | -52,289 | -87,693 | |||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -3,390 | 3,315 | -77,590 | 77,665 | |||||||||
| Other Short Term Loans | 448,100 | 5,466,361 | |||||||||||
| Long term loans | -10,140,196 | 792,526 | 9,347,670 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -438,600 | -175,331 | -36,263 | -28,968 | 8 | -6,990 | -6,894 | -7,000 | -3,260 | -523 | |||
| cash flow from financing | 958,841 | -1,586,271 | 5,759,770 | 10,752,018 | 50,418 | 384,216 | 562,189 | 207,068 | 529,604 | 180,461 | 18,605 | 35,928 | 459,515 |
| cash and cash equivalents | |||||||||||||
| cash | -100,133 | -280,217 | 420,515 | 7,792 | -155 | -40,185 | 41,419 | -294,546 | 265,394 | 25,861 | -46,856 | -19,871 | 70,018 |
| overdraft | |||||||||||||
| change in cash | -100,133 | -280,217 | 420,515 | 7,792 | -155 | -40,185 | 41,419 | -294,546 | 265,394 | 25,861 | -46,856 | -19,871 | 70,018 |
wecap plc Credit Report and Business Information
Wecap Plc Competitor Analysis
Perform a competitor analysis for wecap plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in SW1W area or any other competitors across 12 key performance metrics.
wecap plc Ownership
WECAP PLC group structure
Wecap Plc has 1 subsidiary company.
wecap plc directors
Wecap Plc currently has 4 directors. The longest serving directors include Mr Marc Bamber (Jul 2020) and Mr Alexander Barblett (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Bamber | England | 60 years | Jul 2020 | - | Director |
| Mr Alexander Barblett | United Kingdom | 57 years | Sep 2021 | - | Director |
| Mr John Taylor | England | 53 years | Sep 2021 | - | Director |
| Mr Thomas Richardson | England | 44 years | Dec 2024 | - | Director |
P&L
April 2024turnover
0
0%
operating profit
-425.1k
-67%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
7.4m
+0.01%
total assets
13.4m
+0.04%
cash
49k
-0.67%
net assets
Total assets minus all liabilities
wecap plc company details
company number
07603259
Type
Public limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
iamfire plc (December 2023)
karoo energy plc (November 2019)
accountant
-
auditor
EDWARDS VEEDER (UK) LIMITED
address
25 eccleston place, london, SW1W 9NF
Bank
REVOLUT LTD
Legal Advisor
-
wecap plc 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 2 charges/mortgages relating to wecap plc. Currently there are 1 open charges and 1 have been satisfied in the past.
wecap plc 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 WECAP PLC. This can take several minutes, an email will notify you when this has completed.
wecap plc Companies House Filings - See Documents
| date | description | view/download |
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