working on wellbeing ltd
working on wellbeing ltd Company Information
Company Number
08544676
Website
http://optimahealth.co.ukRegistered Address
20 grosvenor place, london, SW1X 7HN
Industry
Other personal service activities n.e.c.
Telephone
03450941429
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
oh assist limited 100%
working on wellbeing ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKING ON WELLBEING LTD at £82.7m based on a Turnover of £59.3m and 1.39x industry multiple (adjusted for size and gross margin).
working on wellbeing ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKING ON WELLBEING LTD at £41.6m based on an EBITDA of £4.1m and a 10.24x industry multiple (adjusted for size and gross margin).
working on wellbeing ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKING ON WELLBEING LTD at £48.1m based on Net Assets of £16.1m and 2.99x industry multiple (adjusted for liquidity).
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Working On Wellbeing Ltd Overview
Working On Wellbeing Ltd is a live company located in london, SW1X 7HN with a Companies House number of 08544676. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2013, it's largest shareholder is oh assist limited with a 100% stake. Working On Wellbeing Ltd is a established, large sized company, Pomanda has estimated its turnover at £59.3m with high growth in recent years.
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Working On Wellbeing Ltd Health Check
Pomanda's financial health check has awarded Working On Wellbeing Ltd a 3.5 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £59.3m, make it larger than the average company (£791.5k)
£59.3m - Working On Wellbeing Ltd
£791.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.3%)
20% - Working On Wellbeing Ltd
5.3% - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (40.2%)
23.2% - Working On Wellbeing Ltd
40.2% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (6.4%)
6% - Working On Wellbeing Ltd
6.4% - Industry AVG
Employees
with 565 employees, this is above the industry average (14)
565 - Working On Wellbeing Ltd
14 - Industry AVG
Pay Structure
on an average salary of £53k, the company has a higher pay structure (£27.7k)
£53k - Working On Wellbeing Ltd
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £104.9k, this is more efficient (£67.5k)
£104.9k - Working On Wellbeing Ltd
£67.5k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (27 days)
21 days - Working On Wellbeing Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (41 days)
15 days - Working On Wellbeing Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Working On Wellbeing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (67 weeks)
21 weeks - Working On Wellbeing Ltd
67 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.6%, this is a higher level of debt than the average (38%)
44.6% - Working On Wellbeing Ltd
38% - Industry AVG
working on wellbeing ltd Credit Report and Business Information
Working On Wellbeing Ltd Competitor Analysis
Perform a competitor analysis for working on wellbeing ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
working on wellbeing ltd Ownership
WORKING ON WELLBEING LTD group structure
Working On Wellbeing Ltd has 2 subsidiary companies.
Ultimate parent company
2 parents
WORKING ON WELLBEING LTD
08544676
2 subsidiaries
working on wellbeing ltd directors
Working On Wellbeing Ltd currently has 3 directors. The longest serving directors include Mr Jonathan Thomas (Dec 2016) and Mr Alexander Dacre (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Thomas | England | 37 years | Dec 2016 | - | Director |
| Mr Alexander Dacre | England | 36 years | Jan 2022 | - | Director |
| Mr Adam Councell | England | 45 years | Jan 2022 | - | Director |
WORKING ON WELLBEING LTD financials
Working On Wellbeing Ltd's latest turnover from March 2023 is £59.3 million and the company has net assets of £16.1 million. According to their latest financial statements, Working On Wellbeing Ltd has 565 employees and maintains cash reserves of £5.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 59,286,965 | 40,992,680 | 34,525,098 | 31,821,630 | 30,219,355 | 27,736,517 | 21,374,031 | 20,544,279 | 19,815,827 | 4,433,646 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 45,551,502 | 30,636,239 | 28,500,743 | 25,604,301 | 23,815,641 | 21,305,131 | 16,065,125 | 15,884,604 | 15,903,751 | 4,028,390 |
| Gross Profit | 13,735,463 | 10,356,441 | 6,024,355 | 6,217,329 | 6,403,714 | 6,431,386 | 5,308,906 | 4,659,675 | 3,912,076 | 405,256 |
| Admin Expenses | 10,192,380 | 4,124,755 | 4,555,631 | 4,466,454 | 4,340,757 | 3,919,426 | 3,587,898 | 1,067,285 | ||
| Operating Profit | 3,543,083 | 2,092,574 | 1,848,083 | 1,964,932 | 968,149 | 740,249 | 324,178 | -662,029 | ||
| Interest Payable | 6,352 | 0 | 0 | 4,596 | 0 | 290,836 | 236,622 | 212,327 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 19 | 1,767 | 8,600 | 113 | 0 |
| Pre-Tax Profit | 3,536,731 | 4,941,000 | 2,943,436 | 2,087,978 | 1,848,083 | 1,964,951 | 679,080 | 512,227 | 111,964 | -1,653,622 |
| Tax | -266,288 | -590,442 | 50,858 | 47,600 | 237,516 | -402,641 | -21,620 | 0 | 0 | 0 |
| Profit After Tax | 3,270,443 | 4,350,558 | 2,994,294 | 2,135,578 | 2,085,599 | 1,562,310 | 657,460 | 512,227 | 111,964 | -1,653,622 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,270,443 | 4,350,558 | 2,994,294 | 2,135,578 | 2,085,599 | 1,562,310 | 657,460 | 512,227 | 111,964 | -1,653,622 |
| Employee Costs | 29,918,042 | 23,644,850 | 23,327,525 | 19,622,050 | 19,309,870 | 18,042,737 | 14,109,575 | 14,248,806 | 13,860,832 | 3,558,169 |
| Number Of Employees | 565 | 564 | 574 | 485 | 453 | 423 | 369 | 360 | 329 | 309 |
| EBITDA* | 4,065,068 | 2,291,576 | 2,179,399 | 2,111,675 | 1,264,502 | 1,032,822 | 631,156 | -570,048 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,344,149 | 1,086,981 | 667,320 | 498,317 | 512,095 | 536,204 | 515,173 | 586,839 | 516,724 | 587,664 |
| Intangible Assets | 312,673 | 338,012 | 388,481 | 49,205 | 67,002 | 132,032 | 217,638 | 213,957 | 285,277 | 356,597 |
| Investments & Other | 4,810,479 | 4,810,479 | 1 | 1 | 41,941 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 85,329 | 138,028 | 87,170 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,467,301 | 6,320,801 | 1,193,830 | 634,693 | 621,038 | 668,237 | 732,812 | 800,797 | 802,002 | 944,262 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,571,032 | 3,523,402 | 4,114,466 | 4,539,996 | 3,294,821 | 3,554,262 | 2,837,278 | 3,354,768 | 3,017,833 | 3,649,236 |
| Group Debtors | 9,857,723 | 151,839 | 4,625,099 | 1,721,321 | 878,737 | 125,697 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,726,742 | 2,294,393 | 2,088,214 | 2,306,438 | 1,429,454 | 2,350,248 | 1,263,493 | 1,120,318 | 997,173 | 1,104,733 |
| Cash | 5,413,939 | 9,036,071 | 11,633,681 | 3,014,508 | 2,060,125 | 2,262,327 | 1,309,923 | 2,878,607 | 2,418,914 | 1,079,319 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,569,436 | 15,005,705 | 22,461,460 | 11,582,263 | 7,621,197 | 8,292,534 | 5,410,694 | 7,353,693 | 6,433,920 | 5,833,288 |
| total assets | 29,036,737 | 21,326,506 | 23,655,290 | 12,216,956 | 8,242,235 | 8,960,771 | 6,143,506 | 8,154,490 | 7,235,922 | 6,777,550 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,899,076 | 885,517 | 575,954 | 955,964 | 799,366 | 1,324,065 | 1,065,746 | 2,036,626 | 2,473,152 | 2,609,760 |
| Group/Directors Accounts | 3,518,378 | 0 | 4,374,701 | 1,189,605 | 595,646 | 123,242 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 1,786,849 | 2,536,849 | 500,000 | 450,000 | 200,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,480,666 | 7,127,149 | 10,241,353 | 4,602,399 | 3,513,813 | 4,478,804 | 2,855,410 | 3,139,823 | 1,854,428 | 1,221,412 |
| total current liabilities | 12,898,120 | 8,012,666 | 15,192,008 | 6,747,968 | 4,908,825 | 7,712,960 | 6,458,005 | 5,676,449 | 4,777,580 | 4,031,172 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,450,000 | 3,950,000 | 4,350,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 54,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 54,334 | 500,000 | 0 | 0 | 0 | 0 | 0 | 3,450,000 | 3,950,000 | 4,350,000 |
| total liabilities | 12,952,454 | 8,512,666 | 15,192,008 | 6,747,968 | 4,908,825 | 7,712,960 | 6,458,005 | 9,126,449 | 8,727,580 | 8,381,172 |
| net assets | 16,084,283 | 12,813,840 | 8,463,282 | 5,468,988 | 3,333,410 | 1,247,811 | -314,499 | -971,959 | -1,491,658 | -1,603,622 |
| total shareholders funds | 16,084,283 | 12,813,840 | 8,463,282 | 5,468,988 | 3,333,410 | 1,247,811 | -314,499 | -971,959 | -1,491,658 | -1,603,622 |
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 3,543,083 | 2,092,574 | 1,848,083 | 1,964,932 | 968,149 | 740,249 | 324,178 | -662,029 | ||
| Depreciation | 422,090 | 226,966 | 178,077 | 171,927 | 245,712 | 61,139 | 225,034 | 221,253 | 235,658 | 74,151 |
| Amortisation | 99,895 | 78,089 | 70,302 | 27,075 | 85,604 | 85,604 | 71,319 | 71,320 | 71,320 | 17,830 |
| Tax | -266,288 | -590,442 | 50,858 | 47,600 | 237,516 | -402,641 | -21,620 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,155,497 | -4,910,844 | 2,310,882 | 3,051,913 | -427,195 | 1,929,436 | -374,315 | 460,080 | -738,963 | 4,753,969 |
| Creditors | 1,899,076 | 309,563 | -380,010 | 156,598 | -524,699 | 258,319 | -970,880 | -436,526 | -136,608 | 2,609,760 |
| Accruals and Deferred Income | 7,480,666 | -3,114,204 | 5,638,954 | 1,088,586 | -964,991 | 1,623,394 | -284,413 | 1,285,395 | 633,016 | 1,221,412 |
| Deferred Taxes & Provisions | 54,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,922,641 | 532,447 | 1,354,420 | 1,661,311 | 361,904 | 1,421,611 | 1,866,527 | -1,492,845 | ||
| Investing Activities | ||||||||||
| capital expenditure | -198,236 | -551,919 | 0 | -164,718 | -1,063,985 | |||||
| Change in Investments | 4,810,479 | 4,810,478 | 0 | -41,940 | 41,940 | 0 | 0 | 0 | 0 | 1 |
| cash flow from investments | -198,236 | -551,919 | 0 | -164,718 | -1,063,986 | |||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,518,378 | -4,374,701 | 3,185,096 | 593,959 | 472,404 | 123,242 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -1,786,849 | -750,000 | 2,036,849 | 50,000 | 250,000 | 200,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -3,450,000 | -500,000 | -400,000 | 4,350,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -6,352 | 0 | 0 | -4,596 | 0 | -289,069 | -228,022 | -212,214 | ||
| cash flow from financing | 16,325,866 | -3,874,701 | 3,185,096 | 589,363 | -1,314,445 | -1,702,220 | -670,550 | -362,214 | ||
| cash and cash equivalents | ||||||||||
| cash | 5,413,939 | -2,597,610 | 8,619,173 | 954,383 | -202,202 | 952,404 | -1,568,684 | 459,693 | 1,339,595 | 1,079,319 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,413,939 | -2,597,610 | 8,619,173 | 954,383 | -202,202 | 952,404 | -1,568,684 | 459,693 | 1,339,595 | 1,079,319 |
P&L
March 2023turnover
59.3m
0%
operating profit
3.5m
0%
gross margin
23.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
16.1m
0%
total assets
29m
0%
cash
5.4m
0%
net assets
Total assets minus all liabilities
working on wellbeing ltd company details
company number
08544676
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2013
age
11
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
20 grosvenor place, london, SW1X 7HN
last accounts submitted
March 2023
working on wellbeing ltd 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 4 charges/mortgages relating to working on wellbeing ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
working on wellbeing ltd Companies House Filings - See Documents
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