wellred books ltd
wellred books ltd Company Information
Company Number
08660635
Next Accounts
May 2025
Shareholders
ted grant education project ltd
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
+1Registered Address
18 wellred books ltd, 4th floor, st. cross street, london, EC1N 8UN
Website
www.wellredbooks.netwellred books ltd Estimated Valuation
Pomanda estimates the enterprise value of WELLRED BOOKS LTD at £40.2k based on a Turnover of £105.3k and 0.38x industry multiple (adjusted for size and gross margin).
wellred books ltd Estimated Valuation
Pomanda estimates the enterprise value of WELLRED BOOKS LTD at £0 based on an EBITDA of £-893 and a 2.99x industry multiple (adjusted for size and gross margin).
wellred books ltd Estimated Valuation
Pomanda estimates the enterprise value of WELLRED BOOKS LTD at £0 based on Net Assets of £-3.4k and 2.14x industry multiple (adjusted for liquidity).
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Wellred Books Ltd Overview
Wellred Books Ltd is a live company located in london, EC1N 8UN with a Companies House number of 08660635. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in August 2013, it's largest shareholder is ted grant education project ltd with a 100% stake. Wellred Books Ltd is a established, micro sized company, Pomanda has estimated its turnover at £105.3k with rapid growth in recent years.
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Wellred Books Ltd Health Check
Pomanda's financial health check has awarded Wellred Books Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
6 Weak
Size
annual sales of £105.3k, make it smaller than the average company (£1.1m)
£105.3k - Wellred Books Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (4.6%)
- Wellred Books Ltd
4.6% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (43.1%)
27.8% - Wellred Books Ltd
43.1% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.9%)
-0.8% - Wellred Books Ltd
4.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (9)
5 - Wellred Books Ltd
9 - Industry AVG
Pay Structure
on an average salary of £7.5k, the company has a lower pay structure (£35.4k)
£7.5k - Wellred Books Ltd
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £21.1k, this is less efficient (£160k)
£21.1k - Wellred Books Ltd
£160k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (36 days)
5 days - Wellred Books Ltd
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wellred Books Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wellred Books Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wellred Books Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 318.7%, this is a higher level of debt than the average (58.2%)
318.7% - Wellred Books Ltd
58.2% - Industry AVG
WELLRED BOOKS LTD financials
Wellred Books Ltd's latest turnover from August 2023 is £105.3 thousand and the company has net assets of -£3.4 thousand. According to their latest financial statements, Wellred Books Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 105,260 | 100,865 | 43,367 | 24,696 | ||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | -893 | -3,051 | -1,096 | -372 | ||||||
| Tax | 0 | -548 | 0 | 0 | ||||||
| Profit After Tax | -893 | -3,599 | -1,096 | -372 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -893 | -3,599 | -1,096 | -372 | ||||||
| Employee Costs | 37,301 | 32,494 | 10,504 | 6,974 | ||||||
| Number Of Employees | 5 | 5 | 3 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,568 | 2,461 | 6,060 | 4,077 | 2,094 | 3,176 | 3,546 | 3,696 | 1,559 | 279 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| total current assets | 1,568 | 2,461 | 6,060 | 4,077 | 2,094 | 3,176 | 3,546 | 3,696 | 1,559 | 280 |
| total assets | 1,569 | 2,462 | 6,061 | 4,078 | 2,095 | 3,177 | 3,547 | 3,697 | 1,560 | 280 |
| 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 | 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 finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,000 | 5,000 | 5,000 | 7,300 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 0 |
| total liabilities | 5,000 | 5,000 | 5,000 | 7,300 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 0 |
| net assets | -3,431 | -2,538 | 1,061 | -3,222 | -2,905 | -1,823 | -1,453 | -1,303 | -3,440 | 280 |
| total shareholders funds | -3,431 | -2,538 | 1,061 | -3,222 | -2,905 | -1,823 | -1,453 | -1,303 | -3,440 | 280 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -548 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -893 | -3,599 | 1,983 | 1,983 | -1,082 | -370 | -150 | 2,137 | 1,280 | 279 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -2,300 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| cash flow from investments | ||||||||||
| 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 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 0 | 0 | 14 | 2 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
wellred books ltd Credit Report and Business Information
Wellred Books Ltd Competitor Analysis
Perform a competitor analysis for wellred books ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EC1N area or any other competitors across 12 key performance metrics.
wellred books ltd Ownership
WELLRED BOOKS LTD group structure
Wellred Books Ltd has no subsidiary companies.
Ultimate parent company
WELLRED BOOKS LTD
08660635
wellred books ltd directors
Wellred Books Ltd currently has 2 directors. The longest serving directors include Mr Majid Atik (Aug 2013) and Mr Jack Halinski-Fitzpatrick (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Majid Atik | England | 41 years | Aug 2013 | - | Director |
| Mr Jack Halinski-Fitzpatrick | England | 31 years | Sep 2017 | - | Director |
P&L
August 2023turnover
105.3k
+4%
operating profit
-893
0%
gross margin
27.8%
-5.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-3.4k
+0.35%
total assets
1.6k
-0.36%
cash
0
0%
net assets
Total assets minus all liabilities
wellred books ltd company details
company number
08660635
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
58110 - Book publishing
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
18 wellred books ltd, 4th floor, st. cross street, london, EC1N 8UN
Bank
-
Legal Advisor
-
wellred books 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 did not find charges/mortgages relating to wellred books ltd.
wellred books ltd 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.
Click to start generating capital raising & share issue transactions for WELLRED BOOKS LTD. This can take several minutes, an email will notify you when this has completed.
wellred books ltd Companies House Filings - See Documents
| date | description | view/download |
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