worthy wealth management ltd
worthy wealth management ltd Company Information
Company Number
09195334
Next Accounts
May 2025
Shareholders
andrew james birch
shona birch
Group Structure
View All
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Registered Address
1 pretoria villas 44 main road, colden common, winchester, hampshire, SO21 1RR
Website
-worthy wealth management ltd Estimated Valuation
Pomanda estimates the enterprise value of WORTHY WEALTH MANAGEMENT LTD at £86.3k based on a Turnover of £143.4k and 0.6x industry multiple (adjusted for size and gross margin).
worthy wealth management ltd Estimated Valuation
Pomanda estimates the enterprise value of WORTHY WEALTH MANAGEMENT LTD at £193.2k based on an EBITDA of £73.6k and a 2.63x industry multiple (adjusted for size and gross margin).
worthy wealth management ltd Estimated Valuation
Pomanda estimates the enterprise value of WORTHY WEALTH MANAGEMENT LTD at £2.6m based on Net Assets of £1.1m and 2.38x industry multiple (adjusted for liquidity).
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Worthy Wealth Management Ltd Overview
Worthy Wealth Management Ltd is a live company located in winchester, SO21 1RR with a Companies House number of 09195334. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in August 2014, it's largest shareholder is andrew james birch with a 66.7% stake. Worthy Wealth Management Ltd is a established, micro sized company, Pomanda has estimated its turnover at £143.4k with high growth in recent years.
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Worthy Wealth Management Ltd Health Check
Pomanda's financial health check has awarded Worthy Wealth Management Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £143.4k, make it smaller than the average company (£3.6m)
- Worthy Wealth Management Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7.6%)
- Worthy Wealth Management Ltd
7.6% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (72.4%)
- Worthy Wealth Management Ltd
72.4% - Industry AVG
Profitability
an operating margin of 51.3% make it more profitable than the average company (8.6%)
- Worthy Wealth Management Ltd
8.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (8)
3 - Worthy Wealth Management Ltd
8 - Industry AVG
Pay Structure
on an average salary of £70.7k, the company has an equivalent pay structure (£70.7k)
- Worthy Wealth Management Ltd
£70.7k - Industry AVG
Efficiency
resulting in sales per employee of £47.8k, this is less efficient (£165.5k)
- Worthy Wealth Management Ltd
£165.5k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (32 days)
- Worthy Wealth Management Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 272 days, this is slower than average (37 days)
- Worthy Wealth Management Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worthy Wealth Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 168 weeks, this is more cash available to meet short term requirements (37 weeks)
168 weeks - Worthy Wealth Management Ltd
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (69.7%)
7.2% - Worthy Wealth Management Ltd
69.7% - Industry AVG
WORTHY WEALTH MANAGEMENT LTD financials
Worthy Wealth Management Ltd's latest turnover from August 2023 is estimated at £143.4 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Worthy Wealth Management Ltd has 3 employees and maintains cash reserves of £274.7 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 2 | 2 | 2 | 2 | 2 | 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 550 | 22 | 612 | 0 | 323 | 719 | 157 | 313 | 470 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 261,947 | 261,947 | 261,947 | 261,947 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 262,497 | 261,969 | 262,559 | 261,947 | 323 | 719 | 157 | 313 | 470 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,614 | 12,103 | 9,390 | 7,449 | 10,822 | 0 | 0 | 0 | 835 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 80,000 | 80,000 | 80,000 | 0 |
| Cash | 274,702 | 373,359 | 144,200 | 205,357 | 540,781 | 333,457 | 149,249 | 117,848 | 109,559 |
| misc current assets | 636,730 | 461,932 | 456,572 | 201,218 | 0 | 0 | 1 | 0 | 0 |
| total current assets | 922,046 | 847,394 | 610,162 | 414,024 | 551,603 | 413,457 | 229,250 | 197,848 | 110,394 |
| total assets | 1,184,543 | 1,109,363 | 872,721 | 675,971 | 551,926 | 414,176 | 229,407 | 198,161 | 110,864 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 84,946 | 77,708 | 69,549 | 48,643 | 52,149 | 1 | 0 | 0 | 36,043 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 63,231 | 24,103 | 38,834 | 0 |
| total current liabilities | 84,946 | 77,708 | 69,549 | 48,643 | 52,149 | 63,232 | 24,103 | 38,834 | 36,043 |
| 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 | 74 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 74 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 84,946 | 77,708 | 69,549 | 48,717 | 52,149 | 63,232 | 24,103 | 38,834 | 36,043 |
| net assets | 1,099,597 | 1,031,655 | 803,172 | 627,254 | 499,777 | 350,944 | 205,304 | 159,327 | 74,821 |
| total shareholders funds | 1,099,597 | 1,031,655 | 803,172 | 627,254 | 499,777 | 350,944 | 205,304 | 159,327 | 74,821 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 620 | 229 | 397 | 396 | 397 | 156 | 157 | 157 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,489 | 2,713 | 1,941 | -3,373 | -69,178 | 0 | 0 | 79,165 | 835 |
| Creditors | 7,238 | 8,159 | 20,906 | -3,506 | 52,148 | 1 | 0 | -36,043 | 36,043 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -63,231 | 39,128 | -14,731 | 38,834 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 261,947 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -74 | 74 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -98,657 | 229,159 | -61,157 | -335,424 | 207,324 | 184,208 | 31,401 | 8,289 | 109,559 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -98,657 | 229,159 | -61,157 | -335,424 | 207,324 | 184,208 | 31,401 | 8,289 | 109,559 |
worthy wealth management ltd Credit Report and Business Information
Worthy Wealth Management Ltd Competitor Analysis
Perform a competitor analysis for worthy wealth management ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SO21 area or any other competitors across 12 key performance metrics.
worthy wealth management ltd Ownership
WORTHY WEALTH MANAGEMENT LTD group structure
Worthy Wealth Management Ltd has no subsidiary companies.
Ultimate parent company
WORTHY WEALTH MANAGEMENT LTD
09195334
worthy wealth management ltd directors
Worthy Wealth Management Ltd currently has 2 directors. The longest serving directors include Mr Andrew Birch (Aug 2014) and Mrs Shona Birch (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Birch | United Kingdom | 53 years | Aug 2014 | - | Director |
| Mrs Shona Birch | 53 years | Nov 2019 | - | Director |
P&L
August 2023turnover
143.4k
+44%
operating profit
73.6k
0%
gross margin
20.7%
-20.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.1m
+0.07%
total assets
1.2m
+0.07%
cash
274.7k
-0.26%
net assets
Total assets minus all liabilities
worthy wealth management ltd company details
company number
09195334
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
N/A
accountant
STONE ACCOUNTANCY SERVICES LTD
auditor
-
address
1 pretoria villas 44 main road, colden common, winchester, hampshire, SO21 1RR
Bank
-
Legal Advisor
-
worthy wealth management 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 worthy wealth management ltd.
worthy wealth management 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.
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worthy wealth management ltd Companies House Filings - See Documents
| date | description | view/download |
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