worldwide technical solutions ltd
worldwide technical solutions ltd Company Information
Company Number
09249496
Next Accounts
Dec 2025
Directors
Shareholders
larandsons holdings limited
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
valiant house 4-10 heneage lane, london, EC3A 5DQ
Website
www.wts.insureworldwide technical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE TECHNICAL SOLUTIONS LTD at £486.7k based on a Turnover of £524.8k and 0.93x industry multiple (adjusted for size and gross margin).
worldwide technical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE TECHNICAL SOLUTIONS LTD at £0 based on an EBITDA of £-66.8k and a 5.18x industry multiple (adjusted for size and gross margin).
worldwide technical solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE TECHNICAL SOLUTIONS LTD at £517.1k based on Net Assets of £300.8k and 1.72x industry multiple (adjusted for liquidity).
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Worldwide Technical Solutions Ltd Overview
Worldwide Technical Solutions Ltd is a live company located in london, EC3A 5DQ with a Companies House number of 09249496. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in October 2014, it's largest shareholder is larandsons holdings limited with a 100% stake. Worldwide Technical Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £524.8k with declining growth in recent years.
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Worldwide Technical Solutions Ltd Health Check
Pomanda's financial health check has awarded Worldwide Technical Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £524.8k, make it smaller than the average company (£2.3m)
- Worldwide Technical Solutions Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (7.3%)
- Worldwide Technical Solutions Ltd
7.3% - Industry AVG
Production
with a gross margin of 97.1%, this company has a comparable cost of product (97.1%)
- Worldwide Technical Solutions Ltd
97.1% - Industry AVG
Profitability
an operating margin of -12.7% make it less profitable than the average company (19.8%)
- Worldwide Technical Solutions Ltd
19.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (17)
5 - Worldwide Technical Solutions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Worldwide Technical Solutions Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £105k, this is equally as efficient (£119.7k)
- Worldwide Technical Solutions Ltd
£119.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Technical Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (151 days)
- Worldwide Technical Solutions Ltd
151 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Technical Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (32 weeks)
50 weeks - Worldwide Technical Solutions Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.8%, this is a higher level of debt than the average (55.2%)
68.8% - Worldwide Technical Solutions Ltd
55.2% - Industry AVG
WORLDWIDE TECHNICAL SOLUTIONS LTD financials
Worldwide Technical Solutions Ltd's latest turnover from March 2024 is estimated at £524.8 thousand and the company has net assets of £300.8 thousand. According to their latest financial statements, Worldwide Technical Solutions Ltd has 5 employees and maintains cash reserves of £643.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 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 | 5 | 7 | 8 | 7 | 7 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 338 | 446 | 594 | 770 | 1,022 | 1,370 | |||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 338 | 446 | 594 | 770 | 1,022 | 1,370 | |||
| Stock & work in progress | |||||||||
| Trade Debtors | 1,579,942 | 2,514,221 | 3,126,989 | 2,953,274 | 2,624,353 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 318,543 | 170,115 | 29,857 | 301 | 297 | 1 | |||
| Cash | 643,591 | 393,453 | 682,799 | 445,757 | 790,870 | 410,581 | 952,384 | 100 | |
| misc current assets | |||||||||
| total current assets | 962,134 | 563,568 | 2,292,598 | 2,960,279 | 3,918,156 | 3,365,959 | 3,576,738 | 100 | |
| total assets | 962,472 | 564,014 | 2,293,192 | 2,961,049 | 3,919,178 | 3,367,329 | 3,576,738 | 100 | |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,430 | 180 | 1,826,807 | 2,401,448 | 3,240,529 | 2,936,399 | 2,972,839 | ||
| Group/Directors Accounts | 333,141 | 388,021 | 473,371 | 345,221 | |||||
| other short term finances | 262,014 | ||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 660,227 | 223,329 | 33,775 | 70,466 | 112,738 | 84,774 | |||
| total current liabilities | 661,657 | 223,509 | 2,193,723 | 2,859,935 | 3,826,638 | 3,297,555 | 3,402,834 | ||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 661,657 | 223,509 | 2,193,723 | 2,859,935 | 3,826,638 | 3,297,555 | 3,402,834 | ||
| net assets | 300,815 | 340,505 | 99,469 | 101,114 | 92,540 | 69,774 | 173,904 | 100 | |
| total shareholders funds | 300,815 | 340,505 | 99,469 | 101,114 | 92,540 | 69,774 | 173,904 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 108 | 148 | 176 | 252 | 348 | 315 | |||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 148,428 | -1,439,684 | -904,723 | -612,764 | 174,012 | 328,920 | 2,624,354 | ||
| Creditors | 1,250 | -1,826,627 | -574,641 | -839,081 | 304,130 | -36,440 | 2,972,839 | ||
| Accruals and Deferred Income | 436,898 | 189,554 | -36,691 | -42,272 | 112,738 | -84,774 | 84,774 | ||
| 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 | -333,141 | -54,880 | -85,350 | 473,371 | -345,221 | 345,221 | |||
| Other Short Term Loans | -262,014 | 262,014 | |||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 250,138 | -289,346 | 237,042 | -345,113 | 380,289 | -541,803 | 952,384 | 100 | |
| overdraft | |||||||||
| change in cash | 250,138 | -289,346 | 237,042 | -345,113 | 380,289 | -541,803 | 952,384 | 100 |
worldwide technical solutions ltd Credit Report and Business Information
Worldwide Technical Solutions Ltd Competitor Analysis
Perform a competitor analysis for worldwide technical solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
worldwide technical solutions ltd Ownership
WORLDWIDE TECHNICAL SOLUTIONS LTD group structure
Worldwide Technical Solutions Ltd has no subsidiary companies.
Ultimate parent company
WORLDWIDE TECHNICAL SOLUTIONS LTD
09249496
worldwide technical solutions ltd directors
Worldwide Technical Solutions Ltd currently has 1 director, Mrs Lucy Raymond serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lucy Raymond | England | 72 years | Oct 2014 | - | Director |
P&L
March 2024turnover
524.8k
-21%
operating profit
-66.9k
0%
gross margin
97.2%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
300.8k
-0.12%
total assets
962.5k
+0.71%
cash
643.6k
+0.64%
net assets
Total assets minus all liabilities
worldwide technical solutions ltd company details
company number
09249496
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
valiant house 4-10 heneage lane, london, EC3A 5DQ
Bank
-
Legal Advisor
-
worldwide technical solutions 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 worldwide technical solutions ltd.
worldwide technical solutions 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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worldwide technical solutions ltd Companies House Filings - See Documents
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