wordbird limited

wordbird limited Company Information

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EstablishedSmallHealthy

Company Number

08062765

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Shareholders

sarah sowerby

andrew nicholson

Group Structure

View All

Contact

Registered Address

studio 2.2, battersea studios 2, 82 silverthorne road, london, SW8 3HE

wordbird limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of WORDBIRD LIMITED at £1m based on a Turnover of £1.7m and 0.62x industry multiple (adjusted for size and gross margin).

wordbird limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WORDBIRD LIMITED at £0 based on an EBITDA of £-50.5k and a 4.55x industry multiple (adjusted for size and gross margin).

wordbird limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of WORDBIRD LIMITED at £1.4m based on Net Assets of £638.1k and 2.2x industry multiple (adjusted for liquidity).

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Wordbird Limited Overview

Wordbird Limited is a live company located in london, SW8 3HE with a Companies House number of 08062765. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2012, it's largest shareholder is sarah sowerby with a 50% stake. Wordbird Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.

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Wordbird Limited Health Check

Pomanda's financial health check has awarded Wordbird Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £1.7m, make it in line with the average company (£1.8m)

£1.7m - Wordbird Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.1%)

11% - Wordbird Limited

6.1% - Industry AVG

production

Production

with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)

45.4% - Wordbird Limited

45.4% - Industry AVG

profitability

Profitability

an operating margin of -3.6% make it less profitable than the average company (5.9%)

-3.6% - Wordbird Limited

5.9% - Industry AVG

employees

Employees

with 19 employees, this is similar to the industry average (18)

19 - Wordbird Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)

£49.3k - Wordbird Limited

£49.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.8k, this is less efficient (£117.3k)

£87.8k - Wordbird Limited

£117.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 66 days, this is near the average (57 days)

66 days - Wordbird Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (32 days)

12 days - Wordbird Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 101 days, this is more than average (32 days)

101 days - Wordbird Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (28 weeks)

56 weeks - Wordbird Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (52.2%)

34.8% - Wordbird Limited

52.2% - Industry AVG

WORDBIRD LIMITED financials

EXPORTms excel logo

Wordbird Limited's latest turnover from August 2023 is estimated at £1.7 million and the company has net assets of £638.1 thousand. According to their latest financial statements, Wordbird Limited has 19 employees and maintains cash reserves of £371.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover1,668,9551,763,0371,683,2011,235,7331,388,0381,519,076665,1041,023,388894,178662,691241,991
Other Income Or Grants00000000000
Cost Of Sales910,732980,978927,491681,291743,352798,983329,656494,316431,613330,441117,359
Gross Profit758,223782,059755,711554,441644,686720,093335,448529,072462,565332,250124,632
Admin Expenses818,289826,338480,512435,2511,005,684710,38550,695414,539357,777157,54761,674
Operating Profit-60,066-44,279275,199119,190-360,9989,708284,753114,533104,788174,70362,958
Interest Payable00000000000
Interest Receivable20,2756,2713052482,1523,013818393587471113
Pre-Tax Profit-39,791-38,008275,504119,438-358,84612,721285,572114,926105,375175,17363,071
Tax00-52,346-22,6930-2,417-54,259-22,985-21,075-36,786-14,506
Profit After Tax-39,791-38,008223,15896,745-358,84610,304231,31391,94184,300138,38748,565
Dividends Paid00000000000
Retained Profit-39,791-38,008223,15896,745-358,84610,304231,31391,94184,300138,38748,565
Employee Costs936,310784,033537,639390,316621,720874,576637,147427,015347,192251,390123,278
Number Of Employees191712914201510863
EBITDA*-50,517-15,688313,853146,217-296,09262,427339,250149,201137,607179,55665,915

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets15,50416,87110,7845,95230,15264,77271,86714,15813,27411,6026,505
Intangible Assets0019,34345,13470,92596,716122,507148,298174,088199,879225,670
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets15,50416,87130,12751,086101,077161,488194,374162,456187,362211,481232,175
Stock & work in progress254,312193,260315,05919,72616,340220,145265,62246,69230,1337,5155,286
Trade Debtors303,499386,058384,683275,998293,417265,84418,791214,733184,668105,07620,558
Group Debtors00000000000
Misc Debtors33,34938,41368,20536,62328,86937,43451,8239,43216,65700
Cash371,450400,929315,784293,668202,555371,249432,160222,61291,916142,82645,390
misc current assets00000000000
total current assets962,6101,018,6601,083,731626,015541,181894,672768,396493,469323,374255,41771,234
total assets978,1141,035,5311,113,858677,101642,2581,056,160962,770655,925510,736466,898303,409
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 31,01040,76761,44252,20625,35835,67050,0906,16616,307129,946104,844
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities309,036316,905336,549132,186220,936265,680168,174136,56673,17700
total current liabilities340,046357,672397,991184,392246,294301,350218,264142,73289,484129,946104,844
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities340,046357,672397,991184,392246,294301,350218,264142,73289,484129,946104,844
net assets638,068677,859715,867492,709395,964754,810744,506513,193421,252336,952198,565
total shareholders funds638,068677,859715,867492,709395,964754,810744,506513,193421,252336,952198,565
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit-60,066-44,279275,199119,190-360,9989,708284,753114,533104,788174,70362,958
Depreciation9,5499,24812,86327,02739,11526,92828,7068,8777,0284,8532,957
Amortisation019,34325,791025,79125,79125,79125,79125,79100
Tax00-52,346-22,6930-2,417-54,259-22,985-21,075-36,786-14,506
Stock61,052-121,799295,3333,386-203,805-45,477218,93016,55922,6182,2295,286
Debtors-87,623-28,417140,267-9,66519,008232,664-153,55122,84096,24984,51820,558
Creditors-9,757-20,6759,23626,848-10,312-14,42043,924-10,141-113,63925,102104,844
Accruals and Deferred Income-7,869-19,644204,363-88,750-44,74497,50631,60863,38973,17700
Deferred Taxes & Provisions00000000000
Cash flow from operations-41,57294,20939,50667,901-166,351-44,091295,144140,065-42,79781,125130,409
Investing Activities
capital expenditure-8,182-15,335-17,69522,964-4,495-19,833-86,415-9,762-8,70015,841-235,132
Change in Investments00000000000
cash flow from investments-8,182-15,335-17,69522,964-4,495-19,833-86,415-9,762-8,70015,841-235,132
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000150,000
interest20,2756,2713052482,1523,013818393587471113
cash flow from financing20,2756,2713052482,1523,013818393587471150,113
cash and cash equivalents
cash-29,47985,14522,11691,113-168,694-60,911209,548130,696-50,91097,43645,390
overdraft00000000000
change in cash-29,47985,14522,11691,113-168,694-60,911209,548130,696-50,91097,43645,390

wordbird limited 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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Wordbird Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wordbird limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SW8 area or any other competitors across 12 key performance metrics.

wordbird limited Ownership

WORDBIRD LIMITED group structure

Wordbird Limited has no subsidiary companies.

Ultimate parent company

WORDBIRD LIMITED

08062765

WORDBIRD LIMITED Shareholders

sarah sowerby 50%
andrew nicholson 50%

wordbird limited directors

Wordbird Limited currently has 2 directors. The longest serving directors include Ms Sarah Sowerby (May 2012) and Mr Andrew Nicholson (Apr 2014).

officercountryagestartendrole
Ms Sarah SowerbyEngland57 years May 2012- Director
Mr Andrew Nicholson58 years Apr 2014- Director

P&L

August 2023

turnover

1.7m

-5%

operating profit

-60.1k

0%

gross margin

45.5%

+2.42%

turnover

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

Balance Sheet

August 2023

net assets

638.1k

-0.06%

total assets

978.1k

-0.06%

cash

371.5k

-0.07%

net assets

Total assets minus all liabilities

wordbird limited company details

company number

08062765

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

May 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

studio 2.2, battersea studios 2, 82 silverthorne road, london, SW8 3HE

Bank

-

Legal Advisor

-

wordbird 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 did not find charges/mortgages relating to wordbird limited.

wordbird limited Capital Raised & Share Issues BETA

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wordbird limited Companies House Filings - See Documents

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