w2 events limited

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w2 events limited Company Information

Share W2 EVENTS LIMITED

Company Number

08460886

Shareholders

louise williamson

christopher walton

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Group Structure

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Industry

Other business support service activities n.e.c.

 +1

Registered Address

7 springfield lawns, station road, shirehampton, bristol, BS11 9TY

w2 events limited Estimated Valuation

£888k

Pomanda estimates the enterprise value of W2 EVENTS LIMITED at £888k based on a Turnover of £1.4m and 0.64x industry multiple (adjusted for size and gross margin).

w2 events limited Estimated Valuation

£166.2k

Pomanda estimates the enterprise value of W2 EVENTS LIMITED at £166.2k based on an EBITDA of £39.8k and a 4.17x industry multiple (adjusted for size and gross margin).

w2 events limited Estimated Valuation

£494.7k

Pomanda estimates the enterprise value of W2 EVENTS LIMITED at £494.7k based on Net Assets of £268.8k and 1.84x industry multiple (adjusted for liquidity).

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W2 Events Limited Overview

W2 Events Limited is a live company located in shirehampton, BS11 9TY with a Companies House number of 08460886. It operates in the activities of conference organisers sector, SIC Code 82302. Founded in March 2013, it's largest shareholder is louise williamson with a 25% stake. W2 Events Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.

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W2 Events Limited Health Check

Pomanda's financial health check has awarded W2 Events Limited a 4.5 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 Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£2.1m)

£1.4m - W2 Events Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (15.8%)

-10% - W2 Events Limited

15.8% - Industry AVG

production

Production

with a gross margin of 45.7%, this company has a comparable cost of product (45.7%)

45.7% - W2 Events Limited

45.7% - Industry AVG

profitability

Profitability

an operating margin of 2.9% make it less profitable than the average company (5.8%)

2.9% - W2 Events Limited

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - W2 Events Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - W2 Events Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £691.3k, this is more efficient (£138.8k)

£691.3k - W2 Events Limited

£138.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (38 days)

53 days - W2 Events Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 119 days, this is slower than average (33 days)

119 days - W2 Events Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - W2 Events Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (27 weeks)

62 weeks - W2 Events Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.5%, this is a lower level of debt than the average (67%)

54.5% - W2 Events Limited

67% - Industry AVG

W2 EVENTS LIMITED financials

EXPORTms excel logo

W2 Events Limited's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £268.8 thousand. According to their latest financial statements, W2 Events Limited has 2 employees and maintains cash reserves of £388.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover1,382,646726,027317,6751,904,4011,399,7271,025,5631,170,5471,049,613184,25099,597108,480
Other Income Or Grants
Cost Of Sales751,142416,226173,8251,072,251804,308580,225709,943627,165113,50757,21059,703
Gross Profit631,504309,801143,851832,150595,419445,338460,604422,44870,74442,38748,777
Admin Expenses591,837158,363160,822841,476478,982416,429474,143423,30469,64319,56744,523
Operating Profit39,667151,438-16,971-9,326116,43728,909-13,539-8561,10122,8204,254
Interest Payable3,4504,1421,526
Interest Receivable17,78312,1581,0626222212325
Pre-Tax Profit54,000159,453-17,436-9,326116,43728,909-13,539-7941,32322,9434,279
Tax-13,500-30,296-22,123-5,493-264-4,818-984
Profit After Tax40,500129,157-17,436-9,32694,31423,416-13,539-7941,05818,1253,295
Dividends Paid
Retained Profit40,500129,157-17,436-9,32694,31423,416-13,539-7941,05818,1253,295
Employee Costs96,57686,57889,73381,32688,814338,587403,326346,57079,10040,97440,789
Number Of Employees222228109211
EBITDA*39,849151,679-16,971-9,326116,43728,909-13,539-8561,26623,0404,254

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets5407228801,0261,368902647862492657
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5407228801,0261,368902647862492657
Stock & work in progress
Trade Debtors201,569134,80321,040315,252252,129134,450145,297143,43216,9989,05015,382
Group Debtors
Misc Debtors
Cash388,387289,056283,06749,35439,33810,018
misc current assets
total current assets589,956423,859304,107315,252252,129134,450145,297143,43266,35248,38825,400
total assets590,496424,581304,987316,278253,497135,352145,944144,29466,84449,04525,400
Bank overdraft
Bank loan25,73835,60145,223
Trade Creditors 246,58193,733138,615199,729127,622103,791137,799122,61044,36427,62322,103
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities49,40366,97322,032
total current liabilities321,722196,307205,870199,729127,622103,791137,799122,61044,36427,62322,103
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities321,722196,307205,870199,729127,622103,791137,799122,61044,36427,62322,103
net assets268,774228,27499,117116,549125,87531,5618,14521,68422,48021,4223,297
total shareholders funds268,774228,27499,117116,549125,87531,5618,14521,68422,48021,4223,297
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit39,667151,438-16,971-9,326116,43728,909-13,539-8561,10122,8204,254
Depreciation182241165220
Amortisation
Tax-13,500-30,296-22,123-5,493-264-4,818-984
Stock
Debtors66,766113,763-294,21263,123117,679-10,8471,865126,4347,948-6,33215,382
Creditors152,848-44,882-61,11472,10723,831-34,00815,18978,24616,7415,52022,103
Accruals and Deferred Income-17,57044,94122,032
Deferred Taxes & Provisions
Cash flow from operations94,8617,679238,159-342466255-215-49,0449,79530,0749,991
Investing Activities
capital expenditure-83146342-466-255215-370-877
Change in Investments
cash flow from investments-83146342-466-255215-370-877
Financing Activities
Bank loans-9,863-9,62245,223
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue4-22
interest14,3338,016-4646222212325
cash flow from financing4,470-1,60644,7636022212327
cash and cash equivalents
cash99,3315,989283,067-49,35410,01629,32010,018
overdraft
change in cash99,3315,989283,067-49,35410,01629,32010,018

w2 events 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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W2 Events Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for w2 events limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BS11 area or any other competitors across 12 key performance metrics.

w2 events limited Ownership

W2 EVENTS LIMITED group structure

W2 Events Limited has no subsidiary companies.

Ultimate parent company

W2 EVENTS LIMITED

08460886

W2 EVENTS LIMITED Shareholders

louise williamson 25%
christopher walton 25%
claire walton 25%
richard williamson 25%

w2 events limited directors

W2 Events Limited currently has 2 directors. The longest serving directors include Mr Christopher Walton (Mar 2013) and Mr Richard Williamson (Mar 2013).

officercountryagestartendrole
Mr Christopher WaltonUnited Kingdom51 years Mar 2013- Director
Mr Richard WilliamsonUnited Kingdom43 years Mar 2013- Director

P&L

March 2024

turnover

1.4m

+90%

operating profit

39.7k

0%

gross margin

45.7%

+7.04%

turnover

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

Balance Sheet

March 2024

net assets

268.8k

+0.18%

total assets

590.5k

+0.39%

cash

388.4k

+0.34%

net assets

Total assets minus all liabilities

w2 events limited company details

company number

08460886

Type

Private limited with Share Capital

industry

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

82302 - Activities of conference organizers

incorporation date

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BURTON SWEET

auditor

-

address

7 springfield lawns, station road, shirehampton, bristol, BS11 9TY

Bank

-

Legal Advisor

-

w2 events 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 w2 events limited.

w2 events limited Capital Raised & Share Issues BETA

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w2 events limited Companies House Filings - See Documents

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