wsb blasting limited

wsb blasting limited Company Information

Share WSB BLASTING LIMITED
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EstablishedMicroHealthy

Company Number

08393931

Industry

Specialised cleaning services

 

Directors

John Green

James Green

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Shareholders

wsb blasting (holdings) limited

Group Structure

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Contact

Registered Address

lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN

wsb blasting limited Estimated Valuation

£271.3k

Pomanda estimates the enterprise value of WSB BLASTING LIMITED at £271.3k based on a Turnover of £467.5k and 0.58x industry multiple (adjusted for size and gross margin).

wsb blasting limited Estimated Valuation

£33.4k

Pomanda estimates the enterprise value of WSB BLASTING LIMITED at £33.4k based on an EBITDA of £9k and a 3.71x industry multiple (adjusted for size and gross margin).

wsb blasting limited Estimated Valuation

£124.5k

Pomanda estimates the enterprise value of WSB BLASTING LIMITED at £124.5k based on Net Assets of £52.6k and 2.37x industry multiple (adjusted for liquidity).

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Wsb Blasting Limited Overview

Wsb Blasting Limited is a live company located in birmingham, B30 3JN with a Companies House number of 08393931. It operates in the specialised cleaning services sector, SIC Code 81222. Founded in February 2013, it's largest shareholder is wsb blasting (holdings) limited with a 100% stake. Wsb Blasting Limited is a established, micro sized company, Pomanda has estimated its turnover at £467.5k with healthy growth in recent years.

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Wsb Blasting Limited Health Check

Pomanda's financial health check has awarded Wsb Blasting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £467.5k, make it larger than the average company (£110.1k)

£467.5k - Wsb Blasting Limited

£110.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.9%)

15% - Wsb Blasting Limited

7.9% - Industry AVG

production

Production

with a gross margin of 16.3%, this company has a higher cost of product (24.9%)

16.3% - Wsb Blasting Limited

24.9% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (3.7%)

0.8% - Wsb Blasting Limited

3.7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (5)

4 - Wsb Blasting Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)

£17.1k - Wsb Blasting Limited

£17.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £116.9k, this is more efficient (£30.6k)

£116.9k - Wsb Blasting Limited

£30.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (57 days)

121 days - Wsb Blasting Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 209 days, this is slower than average (25 days)

209 days - Wsb Blasting Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is in line with average (7 days)

6 days - Wsb Blasting Limited

7 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)

8 weeks - Wsb Blasting Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.8%, this is a higher level of debt than the average (67.4%)

81.8% - Wsb Blasting Limited

67.4% - Industry AVG

WSB BLASTING LIMITED financials

EXPORTms excel logo

Wsb Blasting Limited's latest turnover from February 2024 is estimated at £467.5 thousand and the company has net assets of £52.6 thousand. According to their latest financial statements, Wsb Blasting Limited has 4 employees and maintains cash reserves of £36.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Turnover467,491292,103234,356311,354305,787303,068343,753361,003519,246471,658672,321
Other Income Or Grants00000000000
Cost Of Sales391,429243,777193,531241,588209,755221,545220,853233,931361,627368,484518,081
Gross Profit76,06148,32640,82569,76696,03281,523122,900127,072157,618103,174154,240
Admin Expenses72,16245,96428,24989,04793,74781,784115,094100,734162,02370,120149,450
Operating Profit3,8992,36212,576-19,2812,285-2617,80626,338-4,40533,0544,790
Interest Payable00000000000
Interest Receivable1,40976664849771208421615130
Pre-Tax Profit5,3083,12712,641-19,2732,335-1847,92626,423-4,18933,2054,821
Tax-1,327-594-2,4020-4440-1,506-5,2840-6,973-1,109
Profit After Tax3,9812,53310,239-19,2731,891-1846,42021,138-4,18926,2323,712
Dividends Paid00000000000
Retained Profit3,9812,53310,239-19,2731,891-1846,42021,138-4,18926,2323,712
Employee Costs68,27278,42897,96397,729120,701113,749155,292180,297186,641141,842128,582
Number Of Employees44554477866
EBITDA*8,9966,09516,552-15,9067,6884,64412,63138,0266,27639,88711,745

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Tangible Assets88,81969,14872,88160,15896,72484,34279,49183,30459,51035,98338,495
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets88,81969,14872,88160,15896,72484,34279,49183,30459,51035,98338,495
Stock & work in progress7,1623,3221,5771,5171,8492,2902,5482,6882,9833,3421,495
Trade Debtors155,490108,36071,96394,49199,997110,261100,319116,132105,350112,716134,009
Group Debtors00000000000
Misc Debtors00000000000
Cash36,78016,88821,3904,37911,3911,71818,69029,44538,00448,40212,157
misc current assets00000000000
total current assets199,432128,57094,930100,387113,237114,269121,557148,265146,337164,460147,661
total assets288,251197,718167,811160,545209,961198,611201,048231,569205,847200,443186,156
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 225,151130,19994,425124,698152,583131,048120,511144,662148,076170,399182,344
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities225,151130,19994,425124,698152,583131,048120,511144,662148,076170,399182,344
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities10,50018,90027,30002,25814,33427,12439,91431,91600
provisions00000000000
total long term liabilities10,50018,90027,30002,25814,33427,12439,91431,91600
total liabilities235,651149,099121,725124,698154,841145,382147,635184,576179,992170,399182,344
net assets52,60048,61946,08635,84755,12053,22953,41346,99325,85530,0443,812
total shareholders funds52,60048,61946,08635,84755,12053,22953,41346,99325,85530,0443,812
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014
Operating Activities
Operating Profit3,8992,36212,576-19,2812,285-2617,80626,338-4,40533,0544,790
Depreciation5,0973,7333,9763,3755,4034,9054,82511,68810,6816,8336,955
Amortisation00000000000
Tax-1,327-594-2,4020-4440-1,506-5,2840-6,973-1,109
Stock3,8401,74560-332-441-258-140-295-3591,8471,495
Debtors47,13036,397-22,528-5,506-10,2649,942-15,81310,782-7,366-21,293134,009
Creditors94,95235,774-30,273-27,88521,53510,537-24,151-3,414-22,323-11,945182,344
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations51,6513,1336,345-37,95339,4845,4972,92718,841-8,32240,41557,476
Investing Activities
capital expenditure-24,7680-16,69933,191-17,785-9,756-1,012-35,482-34,208-4,321-45,450
Change in Investments00000000000
cash flow from investments-24,7680-16,69933,191-17,785-9,756-1,012-35,482-34,208-4,321-45,450
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-8,400-8,40027,300-2,258-12,076-12,790-12,7907,99831,91600
share issue0000000000100
interest1,40976664849771208421615130
cash flow from financing-6,991-7,63427,364-2,250-12,027-12,713-12,6708,08232,132151130
cash and cash equivalents
cash19,892-4,50217,011-7,0129,673-16,972-10,755-8,559-10,39836,24512,157
overdraft00000000000
change in cash19,892-4,50217,011-7,0129,673-16,972-10,755-8,559-10,39836,24512,157

wsb blasting 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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Wsb Blasting Limited Competitor Analysis

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Perform a competitor analysis for wsb blasting limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B30 area or any other competitors across 12 key performance metrics.

wsb blasting limited Ownership

WSB BLASTING LIMITED group structure

Wsb Blasting Limited has no subsidiary companies.

Ultimate parent company

1 parent

WSB BLASTING LIMITED

08393931

WSB BLASTING LIMITED Shareholders

wsb blasting (holdings) limited 100%

wsb blasting limited directors

Wsb Blasting Limited currently has 3 directors. The longest serving directors include Mr John Green (May 2015) and Mr James Green (May 2021).

officercountryagestartendrole
Mr John Green62 years May 2015- Director
Mr James Green37 years May 2021- Director
Mr Benjamin Green33 years May 2021- Director

P&L

February 2024

turnover

467.5k

+60%

operating profit

3.9k

0%

gross margin

16.3%

-1.66%

turnover

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

Balance Sheet

February 2024

net assets

52.6k

+0.08%

total assets

288.3k

+0.46%

cash

36.8k

+1.18%

net assets

Total assets minus all liabilities

wsb blasting limited company details

company number

08393931

Type

Private limited with Share Capital

industry

81222 - Specialised cleaning services

incorporation date

February 2013

age

11

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

February 2024

previous names

N/A

accountant

LANGARD LIFFORD HALL LTD

auditor

-

address

lifford hall lifford lane, kings norton, birmingham, west midlands, B30 3JN

Bank

-

Legal Advisor

-

wsb blasting 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 wsb blasting limited.

wsb blasting 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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wsb blasting limited Companies House Filings - See Documents

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