weve limited

Live Established

weve limited Company Information

Share WEVE LIMITED

Company Number

08178832

Shareholders

telefonica uk ltd

Group Structure

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Industry

Other information technology and computer service activities

 +1

Registered Address

500 brook drive, reading, RG2 6UU

weve limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WEVE LIMITED at £0 based on a Turnover of £0 and 0.57x industry multiple (adjusted for size and gross margin).

weve limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WEVE LIMITED at £0 based on an EBITDA of £0 and a 3.83x industry multiple (adjusted for size and gross margin).

weve limited Estimated Valuation

£19.7m

Pomanda estimates the enterprise value of WEVE LIMITED at £19.7m based on Net Assets of £9.4m and 2.09x industry multiple (adjusted for liquidity).

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Weve Limited Overview

Weve Limited is a live company located in reading, RG2 6UU with a Companies House number of 08178832. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 2012, it's largest shareholder is telefonica uk ltd with a 100% stake. Weve Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Weve Limited Health Check

Pomanda's financial health check has awarded Weve Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

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paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.1%, this is a similar level of debt than the average (66.4%)

- - Weve Limited

- - Industry AVG

WEVE LIMITED financials

EXPORTms excel logo

Weve Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £9.4 million. According to their latest financial statements, we estimate that Weve Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover000004,847,00010,168,0009,594,00012,131,00014,887,00012,762,000
Other Income Or Grants00000000000
Cost Of Sales000001,308,0001,130,0002,158,0003,655,00010,659,0007,284,000
Gross Profit000003,539,0009,038,0007,436,0008,476,0004,228,0005,478,000
Admin Expenses0000926,0005,915,0006,108,0003,757,00016,502,00019,630,00030,294,000
Operating Profit0000-926,000-2,376,0002,930,0003,679,000-8,026,000-15,402,000-24,816,000
Interest Payable00000000000
Interest Receivable0005,00010,0000014,0009,00076,00040,000
Pre-Tax Profit0005,000-916,000-2,376,0002,930,0003,693,000-8,017,000-15,326,000-24,776,000
Tax0016,00015,000303,000224,000-57,000871,000435,000233,0000
Profit After Tax0016,00020,000-613,000-2,152,0002,873,0004,564,000-7,582,000-15,093,000-24,776,000
Dividends Paid00000000000
Retained Profit0016,00020,000-613,000-2,152,0002,873,0004,564,000-7,582,000-15,093,000-24,776,000
Employee Costs0000239,0003,550,0003,305,0002,998,0005,047,0007,327,0009,840,000
Number Of Employees001112533356710070
EBITDA*0000-926,000-1,484,0003,138,0003,975,000-7,508,000-14,842,000-23,748,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets000000782,0002,375,0002,570,0002,842,0002,935,000
Intangible Assets000000109,000142,000202,000300,000876,000
Investments & Other00000000000
Debtors (Due After 1 year)00000001,480,000000
Total Fixed Assets000000891,0002,517,0002,772,0003,142,0003,811,000
Stock & work in progress00000000000
Trade Debtors00000755,0006,431,0002,287,0002,634,0005,655,0005,289,000
Group Debtors33,858,00033,858,00033,719,00034,390,00032,565,00031,182,00023,302,00013,441,0002,920,00000
Misc Debtors0000038,00000270,0002,156,0001,547,000
Cash00001,821,0001,812,000984,0001,028,0001,151,0004,738,0006,697,000
misc current assets00000000437,000233,0000
total current assets33,858,00033,858,00033,719,00034,390,00034,386,00033,787,00030,717,00016,756,0007,412,00012,782,00013,533,000
total assets33,858,00033,858,00033,719,00034,390,00034,386,00033,787,00031,608,00019,273,00010,184,00015,924,00017,344,000
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 0000018,00018,00021,000339,0003,277,0000
Group/Directors Accounts23,426,00023,426,000000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities995,000995,00024,281,00024,968,00024,984,00023,754,00019,423,0009,741,0004,898,0007,589,0009,596,000
total current liabilities24,421,00024,421,00024,281,00024,968,00024,984,00023,772,00019,441,0009,762,0005,237,00010,866,0009,596,000
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income0000000000564,000
other liabilities0000000217,000217,000217,0000
provisions00000000000
total long term liabilities0000000217,000217,000217,000564,000
total liabilities24,421,00024,421,00024,281,00024,968,00024,984,00023,772,00019,441,0009,979,0005,454,00011,083,00010,160,000
net assets9,437,0009,437,0009,438,0009,422,0009,402,00010,015,00012,167,0009,294,0004,730,0004,841,0007,184,000
total shareholders funds9,437,0009,437,0009,438,0009,422,0009,402,00010,015,00012,167,0009,294,0004,730,0004,841,0007,184,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit0000-926,000-2,376,0002,930,0003,679,000-8,026,000-15,402,000-24,816,000
Depreciation00000782,000175,000236,000236,000239,00059,000
Amortisation00000110,00033,00060,000282,000321,0001,009,000
Tax0016,00015,000303,000224,000-57,000871,000435,000233,0000
Stock00000000000
Debtors0139,000-671,0001,825,000590,0002,242,00012,525,00011,384,000-1,987,000975,0006,836,000
Creditors0000-18,0000-3,000-318,000-2,938,0003,277,0000
Accruals and Deferred Income0-23,286,000-687,000-16,0001,230,0004,331,0009,682,0004,843,000-2,691,000-2,571,00010,160,000
Deferred Taxes & Provisions00000000000
Cash flow from operations0-23,425,0000-1,826,000-1,000829,000235,000-2,013,000-10,715,000-14,878,000-20,424,000
Investing Activities
capital expenditure00000-1,0001,418,000-41,000-148,000109,000-4,879,000
Change in Investments00000000000
cash flow from investments00000-1,0001,418,000-41,000-148,000109,000-4,879,000
Financing Activities
Bank loans00000000000
Group/Directors Accounts023,426,000000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities000000-217,00000217,0000
share issue0-1,0000000007,471,00012,750,00031,960,000
interest0005,00010,0000014,0009,00076,00040,000
cash flow from financing023,425,00005,00010,0000-217,00014,0007,480,00013,043,00032,000,000
cash and cash equivalents
cash000-1,821,0009,000828,000-44,000-123,000-3,587,000-1,959,0006,697,000
overdraft00000000000
change in cash000-1,821,0009,000828,000-44,000-123,000-3,587,000-1,959,0006,697,000

weve 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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Weve Limited Competitor Analysis

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Perform a competitor analysis for weve limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other established companies, companies in RG2 area or any other competitors across 12 key performance metrics.

weve limited Ownership

WEVE LIMITED group structure

Weve Limited has no subsidiary companies.

Ultimate parent company

TELEFONICA SA

#0052083

2 parents

WEVE LIMITED

08178832

WEVE LIMITED Shareholders

telefonica uk ltd 100%

weve limited directors

Weve Limited currently has 2 directors. The longest serving directors include Mr Mark Hardman (May 2022) and Ms Julia Boyle (May 2022).

officercountryagestartendrole
Mr Mark HardmanUnited Kingdom49 years May 2022- Director
Ms Julia BoyleUnited Kingdom53 years May 2022- Director

P&L

December 2023

turnover

0

0%

operating profit

0

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

9.4m

0%

total assets

33.9m

0%

cash

0

0%

net assets

Total assets minus all liabilities

weve limited company details

company number

08178832

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

73110 - Advertising agencies

incorporation date

August 2012

age

13

incorporated

UK

ultimate parent company

TELEFONICA SA

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

oval (2256) limited (October 2012)

accountant

-

auditor

-

address

500 brook drive, reading, RG2 6UU

Bank

-

Legal Advisor

-

weve 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 weve limited.

weve limited 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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weve limited Companies House Filings - See Documents

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