Wearewiser Limited

POWER SEARCH PRICING

SOLUTIONS

wearewiser limited Company Information

Live

EstablishedMidHigh

Company Number

08362294

Website

Registered Address

10 baker's yard baker's yard, london, EC1R 3DD

Industry

Other business support service activities n.e.c.

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Finian O'Kane11 Years

Aravinth Ratnakumar11 Years

View All

Shareholders

mr finian o'kane 63.7%

mr ben buffone 13.1%

View All

wearewiser limited Estimated Valuation

£10.1m

Pomanda estimates the enterprise value of WEAREWISER LIMITED at £10.1m based on a Turnover of £13.5m and 0.75x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Wearewiser Limited is a live company located in london, EC1R 3DD with a Companies House number of 08362294. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2013, it's largest shareholder is mr finian o'kane with a 63.7% stake. Wearewiser Limited is a established, mid sized company, Pomanda has estimated its turnover at £13.5m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Wearewiser Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £13.5m, make it larger than the average company (£3m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4%)

EXPORT

Wearewiser Limited's latest turnover from March 2023 is estimated at £13.5 million and the company has net assets of £2.2 million. According to their latest financial statements, Wearewiser Limited has 140 employees and maintains cash reserves of £890.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Jan 2015	Jan 2014
Turnover	13,466,528	14,183,307	7,878,091	8,504,346	6,960,923	4,362,353	2,967,618	943,028	626,472	109,697
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	8,296,733	8,772,051	4,946,069	5,281,558	4,336,024	2,704,921	1,807,212	586,742	397,671	70,339
Gross Profit	5,169,796	5,411,256	2,932,021	3,222,788	2,624,899	1,657,432	1,160,406	356,286	228,801	39,358
Admin Expenses	5,099,327	4,573,490	2,630,225	3,296,994	2,689,406	1,762,841	976,510	145,577	114,716	67,376
Operating Profit	70,469	837,766	301,796	-74,206	-64,507	-105,409	183,896	210,709	114,085	-28,018
Interest Payable	24,912	29,375	15,250	0	6,527	6,285	118	122	0	0
Interest Receivable	82,158	43,693	5,143	1,721	6,981	673	495	514	133	10
Pre-Tax Profit	127,715	852,084	291,689	-72,485	-64,053	-111,021	184,274	211,101	114,218	-28,008
Tax	-24,266	-161,896	-55,421	0	0	0	-36,855	-42,220	-23,986	0
Profit After Tax	103,449	690,188	236,268	-72,485	-64,053	-111,021	147,419	168,881	90,232	-28,008
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	103,449	690,188	236,268	-72,485	-64,053	-111,021	147,419	168,881	90,232	-28,008
Employee Costs	6,114,008	4,493,383	2,920,000	3,876,123	2,685,766	1,884,753	1,669,528	285,347	190,356	38,072
Number Of Employees	140	108	73	98	70	52	47	8	5	1
EBITDA*	200,285	885,069	326,397	-52,346	-37,606	-72,569	202,925	221,828	119,878	-27,444

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Jan 2015	Jan 2014
Tangible Assets	631,454	173,275	89,597	104,158	77,205	89,190	48,916	11,375	5,562	2,614
Intangible Assets	7,669	10,225	13,633	18,177	24,236	32,314	13,059	17,414	13,714	0
Investments & Other	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	639,123	183,500	103,230	122,335	101,441	121,504	61,975	28,789	19,276	2,614
Stock & work in progress	0	0	0	0	0	0	0	0	0	0
Trade Debtors	1,788,239	2,380,637	1,292,421	1,162,948	1,043,650	594,344	314,703	171,522	89,662	1,596
Group Debtors	0	0	0	0	0	0	0	0	0	0
Misc Debtors	1,120,693	589,318	268,755	377,446	388,917	159,652	83,975	24,148	0	0
Cash	890,834	2,975,444	8,675,966	1,610,666	1,831,700	30,004	239,324	156,614	49,178	4,012
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	3,799,766	5,945,399	10,237,142	3,151,060	3,264,267	784,000	638,002	352,284	138,840	5,608
total assets	4,438,889	6,128,899	10,340,372	3,273,395	3,365,708	905,504	699,977	381,073	158,116	8,222
Bank overdraft	115,730	111,120	0	0	0	193,396	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	480,727	920,903	174,728	204,985	297,188	169,024	67,810	16,729	64,892	36,130
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	3,763	0	0
hp & lease commitments	2,406	3,221	12,521	9,826	0	0	0	0	0	0
other current liabilities	1,617,283	2,715,121	8,234,603	1,861,183	1,814,959	221,711	210,525	93,056	0	0
total current liabilities	2,216,146	3,750,365	8,421,852	2,075,994	2,112,147	584,131	278,335	113,548	64,892	36,130
loans	0	259,240	500,000	0	0	0	0	0	0	0
hp & lease commitments	0	0	778	12,323	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0
provisions	30,859	30,859	19,495	23,099	19,097	22,870	12,118	5,420	0	0
total long term liabilities	30,859	290,099	520,273	35,422	19,097	22,870	12,118	5,420	0	0
total liabilities	2,247,005	4,040,464	8,942,125	2,111,416	2,131,244	607,001	290,453	118,968	64,892	36,130
net assets	2,191,884	2,088,435	1,398,247	1,161,979	1,234,464	298,503	409,524	262,105	93,224	-27,908
total shareholders funds	2,191,884	2,088,435	1,398,247	1,161,979	1,234,464	298,503	409,524	262,105	93,224	-27,908

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Jan 2015	Jan 2014
Operating Activities
Operating Profit	70,469	837,766	301,796	-74,206	-64,507	-105,409	183,896	210,709	114,085	-28,018
Depreciation	127,260	43,895	20,057	15,801	18,823	22,069	14,674	3,791	1,221	574
Amortisation	2,556	3,408	4,544	6,059	8,078	10,771	4,355	7,328	4,572	0
Tax	-24,266	-161,896	-55,421	0	0	0	-36,855	-42,220	-23,986	0
Stock	0	0	0	0	0	0	0	0	0	0
Debtors	-61,023	1,408,779	20,782	107,827	678,571	355,318	203,008	106,008	88,066	1,596
Creditors	-440,176	746,175	-30,257	-92,203	128,164	101,214	51,081	-48,163	28,762	36,130
Accruals and Deferred Income	-1,097,838	-5,519,482	6,373,420	46,224	1,593,248	11,186	117,469	93,056	0	0
Deferred Taxes & Provisions	0	11,364	-3,604	4,002	-3,773	10,752	6,698	5,420	0	0
Cash flow from operations	-1,300,972	-5,447,549	6,589,753	-202,150	1,001,462	-304,735	138,310	123,913	36,588	7,090
Investing Activities
capital expenditure	-585,439	-127,573	-5,496	-42,754	-6,838	-92,369	-52,215	-20,632	-22,455	-3,188
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-585,439	-127,573	-5,496	-42,754	-6,838	-92,369	-52,215	-20,632	-22,455	-3,188
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	-3,763	3,763	0	0
Long term loans	-259,240	-240,760	500,000	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-815	-10,078	-8,850	22,149	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	1,000,014	0	0	0	30,900	100
interest	57,246	14,318	-10,107	1,721	454	-5,612	377	392	133	10
cash flow from financing	-202,809	-236,520	481,043	23,870	1,000,468	-5,612	-3,386	4,155	31,033	110
cash and cash equivalents
cash	-2,084,610	-5,700,522	7,065,300	-221,034	1,801,696	-209,320	82,710	107,436	45,166	4,012
overdraft	4,610	111,120	0	0	-193,396	193,396	0	0	0	0
change in cash	-2,089,220	-5,811,642	7,065,300	-221,034	1,995,092	-402,716	82,710	107,436	45,166	4,012

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for wearewiser limited. Get real-time insights into wearewiser limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for wearewiser limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC1R area or any other competitors across 12 key performance metrics.

WEAREWISER LIMITED group structure

Wearewiser Limited has 4 subsidiary companies.

Ultimate parent company

WEAREWISER LIMITED

08362294

4 subsidiaries

WISER RECRUITMENT LIMITED

09359863

GRADQUIZ LTD

09011712

WISER ELITE LIMITED

09664098

WISER GRADUATES LIMITED

09200773

WEAREWISER LIMITED Shareholders

mr finian o'kane	63.66%
mr ben buffone	13.14%
mr aravinth ratnakumar	8.98%
mr morgan tillbrook	5.24%
mona services limited	4%
mr oliver pawle	2.99%
mr jack catherall	1%
mr omar magdi hassan el habbal	1%

Wearewiser Limited currently has 3 directors. The longest serving directors include Mr Finian O'Kane (Jan 2013) and Mr Aravinth Ratnakumar (Jan 2013).

officer	country	age	start	end	role
Mr Finian O'Kane	United Kingdom	34 years	Jan 2013	-	Director
Mr Aravinth Ratnakumar	England	34 years	Jan 2013	-	Director
Mr Ben Buffone	England	29 years	Jun 2014	-	Director

P&L

March 2023

turnover

13.5m

-5%

operating profit

70.5k

gross margin

38.4%

+0.62%

turnover

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

Balance Sheet

March 2023

net assets

2.2m

+0.05%

total assets

4.4m

-0.28%

cash

890.8k

-0.7%

net assets

Total assets minus all liabilities

Similar Companies

sapphire (burnley) nominee limited

3.5

titan (kent) limited

mirion technologies (global), ltd.

spamhaus technology limited

pluriel limited

company number

08362294

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 2013

ultimate parent company

None

previous names

gradquiz ltd (August 2014)

address

10 baker's yard baker's yard, london, EC1R 3DD

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 wearewiser limited.

wearewiser limited Company Information

wearewiser limited Estimated Valuation

wearewiser limited Estimated Valuation

wearewiser limited Estimated Valuation

Wearewiser Limited Overview

Wearewiser Limited Health Check

WEAREWISER LIMITED financials

wearewiser limited Credit Report and Business Information

Wearewiser Limited Competitor Analysis

wearewiser limited Ownership

wearewiser limited directors

wearewiser limited company details

wearewiser limited Charges & Mortgages

wearewiser limited Companies House Filings - See Documents