the workr group limited
the workr group limited Company Information
Company Number
09106725
Website
http://walkersmithglobal.comRegistered Address
4th floor radius house, 51 clarendon road, watford, WD17 1HP
Industry
Accounting, and auditing activities
Telephone
01613593235
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
msm investment group limited 100%
the workr group limited Estimated Valuation
Pomanda estimates the enterprise value of THE WORKR GROUP LIMITED at £0 based on a Turnover of £0 and 0.82x industry multiple (adjusted for size and gross margin).
the workr group limited Estimated Valuation
Pomanda estimates the enterprise value of THE WORKR GROUP LIMITED at £0 based on an EBITDA of £-409.5k and a 4.62x industry multiple (adjusted for size and gross margin).
the workr group limited Estimated Valuation
Pomanda estimates the enterprise value of THE WORKR GROUP LIMITED at £0 based on Net Assets of £-1.2m and 3.03x industry multiple (adjusted for liquidity).
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The Workr Group Limited Overview
The Workr Group Limited is a live company located in watford, WD17 1HP with a Companies House number of 09106725. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2014, it's largest shareholder is msm investment group limited with a 100% stake. The Workr Group Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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The Workr Group Limited Health Check
Pomanda's financial health check has awarded The Workr Group Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.4%)
- - The Workr Group Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- The Workr Group Limited
- - Industry AVG
Pay Structure
on an average salary of £8.9k, the company has a lower pay structure (£18.7k)
- The Workr Group Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- The Workr Group Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Workr Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
- - The Workr Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.4%, this is a higher level of debt than the average (59.6%)
- - The Workr Group Limited
- - Industry AVG
THE WORKR GROUP LIMITED financials
The Workr Group Limited's latest turnover from September 2023 is 0 and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that The Workr Group Limited has 1 employee and maintains cash reserves of £24 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 1,737,940 | 82,840,155 | 82,913,371 | 88,012,915 | 69,814,955 | 28,145,281 | 22,820,145 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 0 | 46,697 | 77,967,579 | 77,587,615 | 82,585,516 | 67,283,538 | 26,398,649 | 21,808,220 | |
| Gross Profit | 0 | 1,691,243 | 4,872,576 | 5,325,756 | 5,427,399 | 2,531,417 | 1,746,632 | 1,011,925 | |
| Admin Expenses | 454,098 | 2,498,056 | 4,392,489 | 5,014,316 | 5,321,367 | 2,523,201 | 1,361,786 | 882,896 | |
| Operating Profit | -454,098 | -806,813 | 480,087 | 311,440 | 106,032 | 8,216 | 384,846 | 129,029 | |
| Interest Payable | 0 | 0 | 9,823 | 0 | 0 | 59 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -454,098 | -806,813 | 341,874 | 311,440 | 106,032 | -10,966 | 33,640 | 129,029 | |
| Tax | -39,013 | 13,640 | -135,934 | -90,865 | 78,057 | -73,664 | -25,815 | -591 | |
| Profit After Tax | -493,111 | -793,173 | 205,940 | 220,575 | 184,089 | -84,630 | 7,825 | 128,438 | |
| Dividends Paid | 0 | 0 | 206,000 | 6,000 | 0 | 0 | 0 | 0 | |
| Retained Profit | -493,111 | -793,173 | -7,468 | 250,043 | 162,818 | 19,120 | 35,621 | 128,438 | |
| Employee Costs | 8,921 | 1,583,945 | 70,740,057 | 67,557,223 | 75,591,340 | 62,590,452 | 23,860,475 | 16,261,903 | |
| Number Of Employees | 1,602 | 1,995 | 1,957 | 1,648 | 515 | 581 | |||
| EBITDA* | -409,457 | -685,807 | 770,511 | 562,955 | 323,022 | 8,615 | 94,958 | 142,071 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 71,529 | 106,901 | 279,748 | 194,483 | 208,600 | 108,657 | 32,798 | 3,980 | 4,167 |
| Intangible Assets | 49,028 | 58,297 | 3,333,019 | 2,571,674 | 2,739,600 | 345,108 | 115,540 | 129,688 | 0 |
| Investments & Other | 523,476 | 523,476 | 129,513 | 114,909 | 114,063 | 142,740 | 27,796 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 644,033 | 688,674 | 3,742,280 | 2,881,066 | 3,062,263 | 596,505 | 176,134 | 133,668 | 4,167 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 540,548 | 7,208,483 | 11,509,189 | 926,520 | 824,879 | 885,206 | 292,323 | 470,460 | 0 |
| Group Debtors | 1,765,906 | 627,867 | 146,589 | 300,194 | 331,719 | 176,827 | 176,827 | 0 | 0 |
| Misc Debtors | 40,214 | 60,195 | 623,848 | 641,921 | 639,214 | 1,716,763 | 668,005 | 36,515 | 0 |
| Cash | 24,032 | 58,040 | 4,097,460 | 3,246,883 | 1,470,168 | 1,835,855 | 920,549 | 1,411,058 | 24,354 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,370,700 | 7,954,585 | 16,377,086 | 5,115,518 | 3,265,980 | 4,614,651 | 2,057,704 | 1,918,033 | 24,354 |
| total assets | 3,014,733 | 8,643,259 | 20,119,366 | 7,996,584 | 6,328,243 | 5,211,156 | 2,233,838 | 2,051,701 | 28,521 |
| Bank overdraft | 0 | 0 | 800,000 | 0 | 0 | 0 | 0 | 456 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 95,046 | 398,401 | 9,250,609 | 3,356,466 | 343,029 | 309,893 | 206,527 | 8,372 | 215,706 |
| Group/Directors Accounts | 4,149,161 | 8,962,368 | 0 | 0 | 0 | 0 | 0 | 248,674 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 10,685 | 9,756,969 | 4,357,439 | 5,926,311 | 4,901,239 | 2,058,513 | 1,865,837 | 13,396 |
| total current liabilities | 4,244,207 | 9,371,454 | 19,807,578 | 7,713,905 | 6,269,340 | 5,211,132 | 2,265,040 | 2,123,339 | 229,102 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 17,882 | 26,050 | 47,023 | 32,458 | 23,257 | 16,921 | 4,815 | 0 | 0 |
| total long term liabilities | 17,882 | 26,050 | 47,023 | 32,458 | 23,257 | 16,921 | 4,815 | 0 | 0 |
| total liabilities | 4,262,089 | 9,397,504 | 19,854,601 | 7,746,363 | 6,292,597 | 5,228,053 | 2,269,855 | 2,123,339 | 229,102 |
| net assets | -1,247,356 | -754,245 | 264,765 | 231,561 | -18,482 | -16,897 | -36,017 | -71,638 | -200,581 |
| total shareholders funds | -1,247,356 | -754,245 | 264,765 | 231,561 | -18,482 | -16,897 | -36,017 | -71,638 | -200,581 |
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -454,098 | -806,813 | 480,087 | 311,440 | 106,032 | 8,216 | 384,846 | 129,029 | |
| Depreciation | 35,372 | 113,551 | 96,547 | 73,057 | 38,808 | 8,601 | 2,738 | 1,252 | 833 |
| Amortisation | 9,269 | 7,455 | 193,877 | 178,458 | 178,182 | -8,202 | -292,626 | 11,790 | 0 |
| Tax | -39,013 | 13,640 | -135,934 | -90,865 | 78,057 | -73,664 | -25,815 | -591 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,549,877 | -4,383,081 | 10,410,991 | 72,823 | -982,984 | 1,641,641 | 630,180 | 506,975 | 0 |
| Creditors | -303,355 | -8,852,208 | 5,894,143 | 3,013,437 | 33,136 | 103,366 | 198,155 | -207,334 | 215,706 |
| Accruals and Deferred Income | -10,685 | -9,746,284 | 5,399,530 | -1,568,872 | 1,025,072 | 2,842,726 | 192,676 | 1,852,441 | 13,396 |
| Deferred Taxes & Provisions | -8,168 | -20,973 | 14,565 | 9,201 | 6,336 | 12,106 | 4,815 | 0 | 0 |
| Cash flow from operations | 4,779,199 | -14,908,551 | 1,531,824 | 1,853,033 | 2,448,607 | 1,251,508 | -165,391 | 1,279,612 | |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | -337,599 | -32,284 | 0 | |||
| Change in Investments | 0 | 393,963 | 14,604 | 846 | -28,677 | 114,944 | 27,796 | 0 | 0 |
| cash flow from investments | -14,604 | -846 | 28,677 | -452,543 | -60,080 | 0 | |||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,813,207 | 8,962,368 | 0 | 0 | 0 | 0 | -248,674 | 248,674 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | -9,823 | 0 | 0 | -59 | 0 | ||
| cash flow from financing | -4,813,207 | 8,736,531 | 30,849 | 0 | -164,403 | -59 | -248,674 | ||
| cash and cash equivalents | |||||||||
| cash | -34,008 | -4,039,420 | 850,577 | 1,776,715 | -365,687 | 915,306 | -490,509 | 1,386,704 | 24,354 |
| overdraft | 0 | -800,000 | 800,000 | 0 | 0 | 0 | -456 | 456 | 0 |
| change in cash | -34,008 | -3,239,420 | 50,577 | 1,776,715 | -365,687 | 915,306 | -490,053 | 1,386,248 | 24,354 |
the workr group limited Credit Report and Business Information
The Workr Group Limited Competitor Analysis
Perform a competitor analysis for the workr group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in WD17 area or any other competitors across 12 key performance metrics.
the workr group limited Ownership
THE WORKR GROUP LIMITED group structure
The Workr Group Limited has 8 subsidiary companies.
Ultimate parent company
2 parents
THE WORKR GROUP LIMITED
09106725
8 subsidiaries
the workr group limited directors
The Workr Group Limited currently has 2 directors. The longest serving directors include Mr John Hoskin (Apr 2021) and Mr Kwasi Missah (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hoskin | England | 50 years | Apr 2021 | - | Director |
| Mr Kwasi Missah | England | 55 years | Apr 2021 | - | Director |
P&L
September 2023turnover
0
-100%
operating profit
-454.1k
-44%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-1.2m
+0.65%
total assets
3m
-0.65%
cash
24k
-0.59%
net assets
Total assets minus all liabilities
the workr group limited company details
company number
09106725
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
walker smith global limited (August 2018)
accountant
-
auditor
-
address
4th floor radius house, 51 clarendon road, watford, WD17 1HP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the workr group 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 the workr group limited. Currently there are 2 open charges and 5 have been satisfied in the past.
the workr group limited Companies House Filings - See Documents
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