welleco uk limited
welleco uk limited Company Information
Company Number
09233743
Next Accounts
Mar 2025
Shareholders
welle pty ltd
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
10 john street, london, WC1N 2EB
Website
www.welleco.co.ukwelleco uk limited Estimated Valuation
Pomanda estimates the enterprise value of WELLECO UK LIMITED at £288.1k based on a Turnover of £841.9k and 0.34x industry multiple (adjusted for size and gross margin).
welleco uk limited Estimated Valuation
Pomanda estimates the enterprise value of WELLECO UK LIMITED at £0 based on an EBITDA of £-396.4k and a 4.02x industry multiple (adjusted for size and gross margin).
welleco uk limited Estimated Valuation
Pomanda estimates the enterprise value of WELLECO UK LIMITED at £0 based on Net Assets of £-773k and 2.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Welleco Uk Limited Overview
Welleco Uk Limited is a live company located in london, WC1N 2EB with a Companies House number of 09233743. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in September 2014, it's largest shareholder is welle pty ltd with a 100% stake. Welleco Uk Limited is a established, small sized company, Pomanda has estimated its turnover at £841.9k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Welleco Uk Limited Health Check
Pomanda's financial health check has awarded Welleco Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £841.9k, make it smaller than the average company (£14.9m)
- Welleco Uk Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.9%)
- Welleco Uk Limited
5.9% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
- Welleco Uk Limited
27.3% - Industry AVG
Profitability
an operating margin of -47.1% make it less profitable than the average company (5.3%)
- Welleco Uk Limited
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (37)
- Welleco Uk Limited
37 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Welleco Uk Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £280.6k, this is less efficient (£366.6k)
- Welleco Uk Limited
£366.6k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (52 days)
- Welleco Uk Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (33 days)
- Welleco Uk Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 170 days, this is more than average (76 days)
- Welleco Uk Limited
76 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Welleco Uk Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195.6%, this is a higher level of debt than the average (47.4%)
195.6% - Welleco Uk Limited
47.4% - Industry AVG
WELLECO UK LIMITED financials
Welleco Uk Limited's latest turnover from June 2023 is estimated at £841.9 thousand and the company has net assets of -£773 thousand. According to their latest financial statements, we estimate that Welleco Uk Limited has 3 employees and maintains cash reserves of £307.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Sep 2017 | Sep 2016 | Sep 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | 286,012 | 337,368 | 184,643 | 534,605 | 109,163 | 172,144 | 325,438 | 109,118 | 36,288 |
| Trade Debtors | 72,204 | 75,770 | 18,145 | 7,527 | 32,170 | 30,483 | 13,172 | 49,996 | 6,344 |
| Group Debtors | 1,498 | ||||||||
| Misc Debtors | 141,209 | 54,209 | 8,125 | 14,468 | 32,981 | 29,514 | 7,549 | 3,332 | 39,262 |
| Cash | 307,441 | 81,219 | 294,790 | 338,653 | 184,065 | 9,856 | 30,709 | 88,191 | 29,781 |
| misc current assets | |||||||||
| total current assets | 808,364 | 548,566 | 505,703 | 895,253 | 358,379 | 241,997 | 376,868 | 250,637 | 111,675 |
| total assets | 808,364 | 548,566 | 505,703 | 895,253 | 358,379 | 241,997 | 376,868 | 250,637 | 111,675 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 156,853 | 67,503 | 26,580 | 9,526 | 28,836 | 20,114 | 5,880 | 801 | 13,440 |
| Group/Directors Accounts | 1,153,429 | 719,528 | 499,857 | 904,155 | 315,034 | 129,086 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 271,117 | 147,864 | 77,354 | 92,673 | 1,848 | 19,087 | 332,159 | 472,720 | 224,783 |
| total current liabilities | 1,581,399 | 934,895 | 603,791 | 1,006,354 | 345,718 | 168,287 | 338,039 | 473,521 | 238,223 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 1,581,399 | 934,895 | 603,791 | 1,006,354 | 345,718 | 168,287 | 338,039 | 473,521 | 238,223 |
| net assets | -773,035 | -386,329 | -98,088 | -111,101 | 12,661 | 73,710 | 38,829 | -222,884 | -126,548 |
| total shareholders funds | -773,035 | -386,329 | -98,088 | -111,101 | 12,661 | 73,710 | 38,829 | -222,884 | -126,548 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -51,356 | 152,725 | -349,962 | 425,442 | -62,981 | -153,294 | 216,320 | 72,830 | 36,288 |
| Debtors | 84,932 | 103,709 | 4,275 | -43,156 | 5,154 | 39,276 | -32,607 | 7,722 | 45,606 |
| Creditors | 89,350 | 40,923 | 17,054 | -19,310 | 8,722 | 14,234 | 5,079 | -12,639 | 13,440 |
| Accruals and Deferred Income | 123,253 | 70,510 | -15,319 | 90,825 | -17,239 | -313,072 | -140,561 | 247,937 | 224,783 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 433,901 | 219,671 | -404,298 | 589,121 | 185,948 | 129,086 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 226,222 | -213,571 | -43,863 | 154,588 | 174,209 | -20,853 | -57,482 | 58,410 | 29,781 |
| overdraft | |||||||||
| change in cash | 226,222 | -213,571 | -43,863 | 154,588 | 174,209 | -20,853 | -57,482 | 58,410 | 29,781 |
welleco uk limited Credit Report and Business Information
Welleco Uk Limited Competitor Analysis
Perform a competitor analysis for welleco uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
welleco uk limited Ownership
WELLECO UK LIMITED group structure
Welleco Uk Limited has no subsidiary companies.
Ultimate parent company
WELLE PTY LTD
#0104833
1 parent
WELLECO UK LIMITED
09233743
welleco uk limited directors
Welleco Uk Limited currently has 4 directors. The longest serving directors include Ms Elle MacPherson (Mar 2018) and Mr Michael Pinto (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elle MacPherson | England | 61 years | Mar 2018 | - | Director |
| Mr Michael Pinto | England | 45 years | Mar 2018 | - | Director |
| Mr Rodney Jones | United Kingdom | 77 years | Nov 2023 | - | Director |
| Mr Jeremy Evans | United Kingdom | 37 years | Dec 2023 | - | Director |
P&L
June 2023turnover
841.9k
+22%
operating profit
-396.4k
0%
gross margin
27.4%
-1.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-773k
+1%
total assets
808.4k
+0.47%
cash
307.4k
+2.79%
net assets
Total assets minus all liabilities
Similar Companies
welleco uk limited company details
company number
09233743
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
OURY CLARK
auditor
-
address
10 john street, london, WC1N 2EB
Bank
-
Legal Advisor
-
welleco uk 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 did not find charges/mortgages relating to welleco uk limited.
welleco uk 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 WELLECO UK LIMITED. This can take several minutes, an email will notify you when this has completed.
welleco uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
