webgate ltd
webgate ltd Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
lameys envoy house, longbridge road, plymouth, devon, PL6 8LU
Website
webgate.ltd.ukwebgate ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBGATE LTD at £268.7k based on a Turnover of £472.7k and 0.57x industry multiple (adjusted for size and gross margin).
webgate ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBGATE LTD at £264.6k based on an EBITDA of £67.1k and a 3.95x industry multiple (adjusted for size and gross margin).
webgate ltd Estimated Valuation
Pomanda estimates the enterprise value of WEBGATE LTD at £1.1m based on Net Assets of £472.2k and 2.29x industry multiple (adjusted for liquidity).
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Webgate Ltd Overview
Webgate Ltd is a dissolved company that was located in plymouth, PL6 8LU with a Companies House number of 07639402. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2011, it's largest shareholder was derek karl davidson with a 100% stake. The last turnover for Webgate Ltd was estimated at £472.7k.
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Webgate Ltd Health Check
Pomanda's financial health check has awarded Webgate Ltd a 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 £472.7k, make it larger than the average company (£173.3k)
- Webgate Ltd
£173.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 104%, show it is growing at a faster rate (5.5%)
- Webgate Ltd
5.5% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (52.8%)
- Webgate Ltd
52.8% - Industry AVG
Profitability
an operating margin of 14.2% make it more profitable than the average company (8.4%)
- Webgate Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Webgate Ltd
15 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- Webgate Ltd
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £472.7k, this is more efficient (£123k)
- Webgate Ltd
£123k - Industry AVG
Debtor Days
it gets paid by customers after 230 days, this is later than average (71 days)
- Webgate Ltd
71 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (32 days)
- Webgate Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Webgate Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Webgate Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.6%, this is a lower level of debt than the average (57.4%)
13.6% - Webgate Ltd
57.4% - Industry AVG
WEBGATE LTD financials
Webgate Ltd's latest turnover from March 2019 is estimated at £472.7 thousand and the company has net assets of £472.2 thousand. According to their latest financial statements, Webgate Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 4,852 | 4,089 | 1,374 | 1,378 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 4,852 | 4,089 | 1,374 | 1,378 | 0 | 1 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 298,975 | 357,226 | 297,761 | 6,026 | 2,042 | 8,571 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 247,578 | 222,427 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 204,530 | 85,427 | 56,649 | 38,082 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 546,553 | 579,653 | 297,761 | 210,556 | 87,469 | 65,220 | 38,082 | 0 |
| total assets | 546,553 | 584,505 | 301,850 | 211,930 | 88,847 | 65,220 | 38,083 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 74,307 | 166,573 | 74,866 | 88,123 | 77,360 | 65,249 | 38,085 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 74,307 | 166,573 | 74,866 | 88,123 | 77,360 | 65,249 | 38,085 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 275 | 276 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 275 | 276 | 0 | 0 | 0 |
| total liabilities | 74,307 | 166,573 | 74,866 | 88,398 | 77,636 | 65,249 | 38,085 | 0 |
| net assets | 472,246 | 417,932 | 226,984 | 123,532 | 11,211 | -29 | -2 | 0 |
| total shareholders funds | 472,246 | 417,932 | 226,984 | 123,532 | 11,211 | -29 | -2 | 0 |
| Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 516 | 282 | 0 | |||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -33,100 | 281,892 | 291,735 | 3,984 | -6,529 | 8,571 | 0 | 0 |
| Creditors | -92,266 | 91,707 | -13,257 | 10,763 | 12,111 | 27,164 | 38,085 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -275 | -1 | 276 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | -204,530 | 119,103 | 28,778 | 18,567 | 38,082 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -204,530 | 119,103 | 28,778 | 18,567 | 38,082 | 0 |
webgate ltd Credit Report and Business Information
Webgate Ltd Competitor Analysis
Perform a competitor analysis for webgate ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in PL6 area or any other competitors across 12 key performance metrics.
webgate ltd Ownership
WEBGATE LTD group structure
Webgate Ltd has no subsidiary companies.
Ultimate parent company
WEBGATE LTD
07639402
webgate ltd directors
Webgate Ltd currently has 1 director, Mr Derek Davidson serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Davidson | United Kingdom | 64 years | May 2011 | - | Director |
P&L
March 2019turnover
472.7k
-16%
operating profit
67.1k
0%
gross margin
27.8%
-4.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
472.2k
+0.13%
total assets
546.6k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
webgate ltd company details
company number
07639402
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2019
previous names
N/A
accountant
BROMHEAD
auditor
-
address
lameys envoy house, longbridge road, plymouth, devon, PL6 8LU
Bank
-
Legal Advisor
-
webgate 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 webgate ltd.
webgate 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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webgate ltd Companies House Filings - See Documents
| date | description | view/download |
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