wise accounting ltd

Live EstablishedMicroDeclining

wise accounting ltd Company Information

Share WISE ACCOUNTING LTD

Company Number

09386173

Shareholders

darren wise

lorraine wise

Group Structure

View All

Industry

Accounting, and auditing activities

 +2

Registered Address

12 prior croft close, camberley, surrey, GU15 1DE

wise accounting ltd Estimated Valuation

£19.3k

Pomanda estimates the enterprise value of WISE ACCOUNTING LTD at £19.3k based on a Turnover of £33.6k and 0.57x industry multiple (adjusted for size and gross margin).

wise accounting ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WISE ACCOUNTING LTD at £0 based on an EBITDA of £-2.2k and a 3.51x industry multiple (adjusted for size and gross margin).

wise accounting ltd Estimated Valuation

£346

Pomanda estimates the enterprise value of WISE ACCOUNTING LTD at £346 based on Net Assets of £101 and 3.43x industry multiple (adjusted for liquidity).

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Wise Accounting Ltd Overview

Wise Accounting Ltd is a live company located in surrey, GU15 1DE with a Companies House number of 09386173. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2015, it's largest shareholder is darren wise with a 50% stake. Wise Accounting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £33.6k with declining growth in recent years.

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Wise Accounting Ltd Health Check

Pomanda's financial health check has awarded Wise Accounting Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £33.6k, make it smaller than the average company (£368.5k)

£33.6k - Wise Accounting Ltd

£368.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (7.6%)

-17% - Wise Accounting Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 38%, this company has a higher cost of product (79.3%)

38% - Wise Accounting Ltd

79.3% - Industry AVG

profitability

Profitability

an operating margin of -6.4% make it less profitable than the average company (8.7%)

-6.4% - Wise Accounting Ltd

8.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Wise Accounting Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)

£34.6k - Wise Accounting Ltd

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £16.8k, this is less efficient (£90.3k)

£16.8k - Wise Accounting Ltd

£90.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (71 days)

13 days - Wise Accounting Ltd

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (24 days)

19 days - Wise Accounting Ltd

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wise Accounting Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wise Accounting Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (58%)

91.9% - Wise Accounting Ltd

58% - Industry AVG

WISE ACCOUNTING LTD financials

EXPORTms excel logo

Wise Accounting Ltd's latest turnover from January 2024 is estimated at £33.6 thousand and the company has net assets of £101. According to their latest financial statements, Wise Accounting Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Turnover33,59536,31550,60159,42689,98070,81143,61943,05028,871
Other Income Or Grants
Cost Of Sales20,82320,87129,48029,53245,43732,32318,64619,97813,578
Gross Profit12,77215,44321,12129,89544,54338,48824,97323,07215,293
Admin Expenses14,93730,23926,30637,02432,33239,320-7,425-9,5389,441
Operating Profit-2,165-14,796-5,185-7,12912,211-83232,39832,6105,852
Interest Payable
Interest Receivable8
Pre-Tax Profit-2,165-14,796-5,185-7,12912,211-83232,58832,7125,860
Tax-2,320-6,346-6,621-1,172
Profit After Tax-2,165-14,796-5,185-7,1299,891-83226,24226,0914,688
Dividends Paid
Retained Profit-2,165-14,796-5,185-7,1299,891-83226,24226,0914,688
Employee Costs69,23070,21862,53957,13862,27370,0508,1608,06030,249
Number Of Employees222222221
EBITDA*-2,165-14,796-5,185-7,12912,211-83232,39832,6105,852

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors1,2393,82918,87523,33840,73927,51528,44522,9138,164
Group Debtors
Misc Debtors
Cash3,164
misc current assets
total current assets1,2393,82918,87523,33840,73927,51528,44522,91311,328
total assets1,2393,82918,87523,33840,73927,51528,44522,91311,328
Bank overdraft
Bank loan
Trade Creditors 1,1381,5631,8131,09111,3638,0308,1288,4866,540
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,1381,5631,8131,09111,3638,0308,1288,4866,540
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,1381,5631,8131,09111,3638,0308,1288,4866,540
net assets1012,26617,06222,24729,37619,48520,31714,4274,788
total shareholders funds1012,26617,06222,24729,37619,48520,31714,4274,788
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Operating Activities
Operating Profit-2,165-14,796-5,185-7,12912,211-83232,39832,6105,852
Depreciation
Amortisation
Tax-2,320-6,346-6,621-1,172
Stock
Debtors-2,590-15,046-4,463-17,40113,224-9305,53214,7498,164
Creditors-425-250722-10,2723,333-98-3581,9466,540
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations20,16213,1863,056
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-20,352-16,452100
interest8
cash flow from financing-20,352-16,452108
cash and cash equivalents
cash-3,1643,164
overdraft
change in cash-3,1643,164

wise accounting ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wise Accounting Ltd Competitor Analysis

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Perform a competitor analysis for wise accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GU15 area or any other competitors across 12 key performance metrics.

wise accounting ltd Ownership

WISE ACCOUNTING LTD group structure

Wise Accounting Ltd has no subsidiary companies.

Ultimate parent company

WISE ACCOUNTING LTD

09386173

WISE ACCOUNTING LTD Shareholders

darren wise 50%
lorraine wise 50%

wise accounting ltd directors

Wise Accounting Ltd currently has 2 directors. The longest serving directors include Mr Darren Wise (Jan 2015) and Mrs Lorraine Wise (Nov 2015).

officercountryagestartendrole
Mr Darren WiseUnited Kingdom60 years Jan 2015- Director
Mrs Lorraine WiseUnited Kingdom56 years Nov 2015- Director

P&L

January 2024

turnover

33.6k

-7%

operating profit

-2.2k

0%

gross margin

38.1%

-10.6%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

101

-0.96%

total assets

1.2k

-0.68%

cash

0

0%

net assets

Total assets minus all liabilities

wise accounting ltd company details

company number

09386173

Type

Private limited with Share Capital

industry

70221 - Financial management

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

12 prior croft close, camberley, surrey, GU15 1DE

Bank

-

Legal Advisor

-

wise accounting 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 wise accounting ltd.

wise accounting 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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wise accounting ltd Companies House Filings - See Documents

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