wpg finance limited
wpg finance limited Company Information
Company Number
08478860
Website
-Registered Address
12th floor aldgate tower, 2 leman street, london, E1W 9US
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
william pears group ltd 100%
wpg finance limited Estimated Valuation
Pomanda estimates the enterprise value of WPG FINANCE LIMITED at £201m based on a Turnover of £55.9m and 3.6x industry multiple (adjusted for size and gross margin).
wpg finance limited Estimated Valuation
Pomanda estimates the enterprise value of WPG FINANCE LIMITED at £614.8m based on an EBITDA of £44.6m and a 13.78x industry multiple (adjusted for size and gross margin).
wpg finance limited Estimated Valuation
Pomanda estimates the enterprise value of WPG FINANCE LIMITED at £2b based on Net Assets of £1.1b and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wpg Finance Limited AI Business Plan
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Wpg Finance Limited Overview
Wpg Finance Limited is a live company located in london, E1W 9US with a Companies House number of 08478860. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in April 2013, it's largest shareholder is william pears group ltd with a 100% stake. Wpg Finance Limited is a established, large sized company, Pomanda has estimated its turnover at £55.9m with healthy growth in recent years.
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Wpg Finance Limited Health Check
Pomanda's financial health check has awarded Wpg Finance Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
1 Weak
Size
annual sales of £55.9m, make it larger than the average company (£3.9m)
£55.9m - Wpg Finance Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.7%)
8% - Wpg Finance Limited
4.7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (67.8%)
100% - Wpg Finance Limited
67.8% - Industry AVG
Profitability
an operating margin of 79.9% make it more profitable than the average company (26.9%)
79.9% - Wpg Finance Limited
26.9% - Industry AVG
Employees
with 8 employees, this is above the industry average (5)
8 - Wpg Finance Limited
5 - Industry AVG
Pay Structure
on an average salary of £967.8k, the company has a higher pay structure (£66.2k)
£967.8k - Wpg Finance Limited
£66.2k - Industry AVG
Efficiency
resulting in sales per employee of £7m, this is more efficient (£451.2k)
£7m - Wpg Finance Limited
£451.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wpg Finance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wpg Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wpg Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 140 weeks, this is more cash available to meet short term requirements (14 weeks)
140 weeks - Wpg Finance Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (86.7%)
1.6% - Wpg Finance Limited
86.7% - Industry AVG
wpg finance limited Credit Report and Business Information
Wpg Finance Limited Competitor Analysis
Perform a competitor analysis for wpg finance limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
wpg finance limited Ownership
WPG FINANCE LIMITED group structure
Wpg Finance Limited has no subsidiary companies.
wpg finance limited directors
Wpg Finance Limited currently has 3 directors. The longest serving directors include Mr Mark Pears (Apr 2013) and Mr David Pears (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Pears | 61 years | Apr 2013 | - | Director | |
| Mr David Pears | 56 years | Apr 2013 | - | Director | |
| Sir Trevor Pears | 59 years | Apr 2013 | - | Director |
WPG FINANCE LIMITED financials
Wpg Finance Limited's latest turnover from April 2023 is £55.9 million and the company has net assets of £1.1 billion. According to their latest financial statements, Wpg Finance Limited has 8 employees and maintains cash reserves of £48.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 55,851,446 | 53,418,431 | 38,307,133 | 44,921,429 | 44,831,044 | 34,758,353 | 43,061,639 | 41,813,559 | 36,311,692 | 33,462,117 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Gross Profit | 55,851,446 | 53,418,431 | 38,307,133 | 44,921,429 | 44,831,044 | 34,758,353 | 43,061,639 | 41,813,559 | 36,311,692 | ||
| Admin Expenses | 11,254,493 | 4,593,763 | 7,494,418 | 12,107,137 | 9,148,955 | 4,492,731 | 11,465,157 | 5,859,443 | 5,466,909 | ||
| Operating Profit | 44,596,953 | 48,824,668 | 30,812,715 | 32,814,292 | 35,682,089 | 30,265,622 | 31,596,482 | 35,954,116 | 30,844,783 | 28,242,530 | |
| Interest Payable | 0 | 0 | 126,369 | 0 | 81,600 | 0 | 0 | 69,110 | 0 | 0 | 0 |
| Interest Receivable | 2,815 | 0 | 0 | 2,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 44,599,768 | 48,824,668 | 30,686,346 | 32,816,309 | 35,600,489 | 30,265,622 | 31,596,482 | 35,885,006 | 30,844,783 | 28,242,530 | -3,600 |
| Tax | -1,293,712 | -3,455,569 | 411,876 | -9,284,783 | -2,560,751 | -1,239,863 | -3,455,156 | -3,001,555 | -2,300,010 | -2,895,434 | 0 |
| Profit After Tax | 43,306,056 | 45,369,099 | 31,098,222 | 23,531,526 | 33,039,738 | 29,025,759 | 28,141,326 | 32,883,451 | 28,544,773 | 25,347,096 | -3,600 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 43,306,056 | 45,369,099 | 31,098,222 | 23,531,526 | 33,039,738 | 29,025,759 | 28,141,326 | 32,883,451 | 28,544,773 | 25,347,096 | -3,600 |
| Employee Costs | 7,742,298 | 7,721,968 | 7,441,291 | 7,492,961 | 7,418,047 | 7,367,518 | 6,449,174 | 5,654,466 | 5,248,692 | 5,025,335 | |
| Number Of Employees | 8 | 8 | 8 | 9 | 8 | 7 | 8 | 8 | 7 | 7 | |
| EBITDA* | 44,611,001 | 48,839,426 | 30,815,338 | 32,820,372 | 35,686,839 | 30,269,465 | 31,601,606 | 35,960,947 | 30,848,980 | 28,244,982 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,629 | 26,677 | 41,435 | 18,238 | 24,318 | 11,528 | 15,371 | 20,495 | 27,326 | 7,357 | 9,809 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,655,783 | 10,704,939 | 11,178,077 |
| Total Fixed Assets | 12,629 | 26,677 | 41,435 | 18,238 | 24,318 | 11,528 | 15,371 | 20,495 | 10,683,109 | 10,712,296 | 11,187,886 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,006,884,480 | 1,003,046,755 | 1,011,175,200 | 946,417,025 | 894,774,474 | 833,765,886 | 774,920,840 | 749,218,444 | 737,951,499 | 764,704,989 | 767,637,149 |
| Misc Debtors | 28,019,128 | 6,037,393 | 4,489,507 | 4,275,409 | 8,047,387 | 50,348,341 | 61,379,836 | 56,594,357 | 44,563,501 | 34,105,590 | 16,317,613 |
| Cash | 48,267,738 | 69,292,108 | 13,524,321 | 19,838,918 | 38,448,805 | 28,990,123 | 40,665,567 | 42,065,948 | 50,091,041 | 5,942,016 | 0 |
| misc current assets | 39,533,640 | 0 | 0 | 27,980,472 | 0 | 19,954,335 | 29,975,343 | 29,932,843 | 0 | 0 | 0 |
| total current assets | 1,122,704,986 | 1,078,376,256 | 1,029,189,028 | 998,511,824 | 971,418,282 | 933,058,685 | 906,941,586 | 877,811,592 | 832,606,041 | 804,752,595 | 783,954,762 |
| total assets | 1,122,717,615 | 1,078,402,933 | 1,029,230,463 | 998,530,062 | 971,442,600 | 933,070,213 | 906,956,957 | 877,832,087 | 843,289,150 | 815,464,891 | 795,142,648 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 25,976 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,529,087 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 17,820,609 | 16,811,983 | 13,008,612 | 13,406,433 | 9,850,497 | 4,516,848 | 7,403,375 | 6,445,807 | 4,786,321 | 5,507,835 | 3,600 |
| total current liabilities | 17,820,609 | 16,811,983 | 13,008,612 | 13,406,433 | 9,850,497 | 4,517,848 | 7,430,351 | 6,446,807 | 4,786,321 | 5,507,835 | 10,532,687 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 |
| total liabilities | 17,820,609 | 16,811,983 | 13,008,612 | 13,406,433 | 9,850,497 | 4,517,848 | 7,430,351 | 6,446,807 | 4,787,321 | 5,507,835 | 10,532,687 |
| net assets | 1,104,897,006 | 1,061,590,950 | 1,016,221,851 | 985,123,629 | 961,592,103 | 928,552,365 | 899,526,606 | 871,385,280 | 838,501,829 | 809,957,056 | 784,609,961 |
| total shareholders funds | 1,104,897,006 | 1,061,590,950 | 1,016,221,851 | 985,123,629 | 961,592,103 | 928,552,365 | 899,526,606 | 871,385,280 | 838,501,829 | 809,957,056 | 784,609,961 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 44,596,953 | 48,824,668 | 30,812,715 | 32,814,292 | 35,682,089 | 30,265,622 | 31,596,482 | 35,954,116 | 30,844,783 | 28,242,530 | |
| Depreciation | 14,048 | 14,758 | 2,623 | 6,080 | 4,750 | 3,843 | 5,124 | 6,831 | 4,197 | 2,452 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,293,712 | -3,455,569 | 411,876 | -9,284,783 | -2,560,751 | -1,239,863 | -3,455,156 | -3,001,555 | -2,300,010 | -2,895,434 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 25,819,460 | -6,580,559 | 64,972,273 | 47,870,573 | 18,707,634 | 47,813,551 | 30,487,875 | 12,642,018 | -16,344,735 | 14,382,679 | 795,132,839 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,008,626 | 3,803,371 | -397,821 | 3,555,936 | 5,333,649 | -2,886,527 | 957,568 | 1,659,486 | -721,514 | 5,504,235 | 3,600 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 18,506,455 | 55,767,787 | -34,142,880 | -20,779,048 | 19,752,103 | -21,670,476 | -1,383,857 | 21,976,860 | 44,172,191 | 16,471,104 | |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,529,087 | 10,529,087 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -1,000 | 0 | 0 | 1,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 1,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 2,815 | 0 | -126,369 | 2,017 | -81,600 | 0 | 0 | -69,110 | 0 | 0 | 0 |
| cash flow from financing | 2,815 | 0 | -126,369 | 2,017 | -82,600 | 0 | 0 | -69,110 | 1,000 | -10,529,088 | 795,142,648 |
| cash and cash equivalents | |||||||||||
| cash | -21,024,370 | 55,767,787 | -6,314,597 | -18,609,887 | 9,458,682 | -11,675,444 | -1,400,381 | -8,025,093 | 44,149,025 | 5,942,016 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -25,976 | 25,976 | 0 | 0 | 0 | 0 |
| change in cash | -21,024,370 | 55,767,787 | -6,314,597 | -18,609,887 | 9,458,682 | -11,649,468 | -1,426,357 | -8,025,093 | 44,149,025 | 5,942,016 | 0 |
P&L
April 2023turnover
55.9m
+5%
operating profit
44.6m
-9%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1b
+0.04%
total assets
1.1b
+0.04%
cash
48.3m
-0.3%
net assets
Total assets minus all liabilities
Similar Companies
wpg finance limited company details
company number
08478860
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
April 2013
age
11
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
12th floor aldgate tower, 2 leman street, london, E1W 9US
last accounts submitted
April 2023
wpg finance 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 found 7 charges/mortgages relating to wpg finance limited. Currently there are 0 open charges and 7 have been satisfied in the past.
wpg finance limited Companies House Filings - See Documents
| date | description | view/download |
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