waves of lutterworth limited
waves of lutterworth limited Company Information
Company Number
09074882
Next Accounts
Feb 2025
Industry
Take away food shops and mobile food stands
Shareholders
andrew thrasyvoulou
balvinder singh
View AllGroup Structure
View All
Contact
Registered Address
573 chester road, sutton coldfield, w. midlands, B73 5HU
Website
-waves of lutterworth limited Estimated Valuation
Pomanda estimates the enterprise value of WAVES OF LUTTERWORTH LIMITED at £34.2k based on a Turnover of £38.6k and 0.89x industry multiple (adjusted for size and gross margin).
waves of lutterworth limited Estimated Valuation
Pomanda estimates the enterprise value of WAVES OF LUTTERWORTH LIMITED at £56.8k based on an EBITDA of £10.7k and a 5.3x industry multiple (adjusted for size and gross margin).
waves of lutterworth limited Estimated Valuation
Pomanda estimates the enterprise value of WAVES OF LUTTERWORTH LIMITED at £0 based on Net Assets of £-14.9k and 2.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Waves Of Lutterworth Limited Overview
Waves Of Lutterworth Limited is a live company located in w. midlands, B73 5HU with a Companies House number of 09074882. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in June 2014, it's largest shareholder is andrew thrasyvoulou with a 33.4% stake. Waves Of Lutterworth Limited is a established, micro sized company, Pomanda has estimated its turnover at £38.6k with low growth in recent years.
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Waves Of Lutterworth Limited Health Check
Pomanda's financial health check has awarded Waves Of Lutterworth Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £38.6k, make it smaller than the average company (£158.7k)
- Waves Of Lutterworth Limited
£158.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.1%)
- Waves Of Lutterworth Limited
7.1% - Industry AVG
Production
with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)
- Waves Of Lutterworth Limited
53.6% - Industry AVG
Profitability
an operating margin of 23.6% make it more profitable than the average company (2.9%)
- Waves Of Lutterworth Limited
2.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Waves Of Lutterworth Limited
5 - Industry AVG
Pay Structure
on an average salary of £11.5k, the company has an equivalent pay structure (£11.5k)
- Waves Of Lutterworth Limited
£11.5k - Industry AVG
Efficiency
resulting in sales per employee of £38.6k, this is equally as efficient (£38.6k)
- Waves Of Lutterworth Limited
£38.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Waves Of Lutterworth Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Waves Of Lutterworth Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Waves Of Lutterworth Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (24 weeks)
7 weeks - Waves Of Lutterworth Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.3%, this is a higher level of debt than the average (85.8%)
141.3% - Waves Of Lutterworth Limited
85.8% - Industry AVG
WAVES OF LUTTERWORTH LIMITED financials
Waves Of Lutterworth Limited's latest turnover from May 2023 is estimated at £38.6 thousand and the company has net assets of -£14.9 thousand. According to their latest financial statements, Waves Of Lutterworth Limited has 1 employee and maintains cash reserves of £7.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,243 | 29,851 | 31,861 | 34,373 | 41,440 | 47,184 | 53,527 | 59,083 |
| Intangible Assets | 0 | 0 | 0 | 0 | 10,057 | 20,114 | 30,171 | 40,228 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,243 | 29,851 | 31,861 | 34,373 | 51,497 | 67,298 | 83,698 | 99,311 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,277 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,085 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 482 | 482 | 5,582 | 6,032 | 6,448 | 6,457 | 5,519 | 0 |
| Cash | 7,397 | 2,419 | 16,512 | 7,497 | 3,166 | 2,839 | 6,218 | 6,314 |
| misc current assets | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,880 | 2,901 | 22,094 | 13,529 | 9,614 | 9,296 | 11,737 | 22,676 |
| total assets | 36,123 | 32,752 | 53,955 | 47,902 | 61,111 | 76,594 | 95,435 | 121,987 |
| Bank overdraft | 0 | 0 | 0 | 0 | 6,120 | 9,550 | 9,600 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 93,858 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 51,033 | 54,661 | 84,900 | 91,080 | 84,342 | 86,132 | 77,553 | 0 |
| total current liabilities | 51,033 | 54,661 | 84,900 | 91,080 | 90,463 | 95,683 | 87,153 | 93,858 |
| loans | 0 | 0 | 0 | 0 | 9,158 | 16,079 | 26,038 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,713 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 9,158 | 16,079 | 26,038 | 35,713 |
| total liabilities | 51,033 | 54,661 | 84,900 | 91,080 | 99,621 | 111,762 | 113,191 | 129,571 |
| net assets | -14,910 | -21,909 | -30,945 | -43,178 | -38,510 | -35,168 | -17,756 | -7,584 |
| total shareholders funds | -14,910 | -21,909 | -30,945 | -43,178 | -38,510 | -35,168 | -17,756 | -7,584 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,608 | 2,010 | 2,512 | 3,141 | 4,907 | 6,343 | 7,929 | 9,318 |
| Amortisation | 0 | 0 | 0 | 0 | 10,057 | 10,057 | 10,057 | 10,057 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -1,277 | 1,277 |
| Debtors | 0 | -5,100 | -450 | 6,032 | -9 | 938 | -9,566 | 15,085 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 1 | -93,858 | 93,858 |
| Accruals and Deferred Income | -3,628 | -30,239 | -6,180 | 91,080 | -1,790 | 8,579 | 77,553 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -6,921 | -9,959 | 26,038 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -35,713 | 35,713 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 4,978 | -14,093 | 9,015 | 7,497 | 327 | -3,379 | -96 | 6,314 |
| overdraft | 0 | 0 | 0 | 0 | -3,430 | -50 | 9,600 | 0 |
| change in cash | 4,978 | -14,093 | 9,015 | 7,497 | 3,757 | -3,329 | -9,696 | 6,314 |
waves of lutterworth limited Credit Report and Business Information
Waves Of Lutterworth Limited Competitor Analysis
Perform a competitor analysis for waves of lutterworth limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B73 area or any other competitors across 12 key performance metrics.
waves of lutterworth limited Ownership
WAVES OF LUTTERWORTH LIMITED group structure
Waves Of Lutterworth Limited has no subsidiary companies.
Ultimate parent company
WAVES OF LUTTERWORTH LIMITED
09074882
waves of lutterworth limited directors
Waves Of Lutterworth Limited currently has 3 directors. The longest serving directors include Mr Andrew Thrasyvoulou (Jun 2014) and Mr Balvinder Singh (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Thrasyvoulou | 60 years | Jun 2014 | - | Director | |
| Mr Balvinder Singh | 54 years | Jun 2014 | - | Director | |
| Mr Michael Tzirki | England | 63 years | Jun 2014 | - | Director |
P&L
May 2023turnover
38.6k
-2%
operating profit
9.1k
0%
gross margin
53.7%
+5.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-14.9k
-0.32%
total assets
36.1k
+0.1%
cash
7.4k
+2.06%
net assets
Total assets minus all liabilities
Similar Companies
waves of lutterworth limited company details
company number
09074882
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
kostafish limited (September 2014)
accountant
A K PAPADAMOU & CO
auditor
-
address
573 chester road, sutton coldfield, w. midlands, B73 5HU
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
waves of lutterworth 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 1 charges/mortgages relating to waves of lutterworth limited. Currently there are 0 open charges and 1 have been satisfied in the past.
waves of lutterworth 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.
Click to start generating capital raising & share issue transactions for WAVES OF LUTTERWORTH LIMITED. This can take several minutes, an email will notify you when this has completed.
waves of lutterworth limited Companies House Filings - See Documents
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