wtb spv no 2 ltd
wtb spv no 2 ltd Company Information
Company Number
09390592
Next Accounts
Dec 2025
Shareholders
woodsford tradebridge ltd
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
8 bloomsbury street, london, WC1B 3SR
wtb spv no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of WTB SPV NO 2 LTD at £0 based on a Turnover of £113 and -25935.12x industry multiple (adjusted for size and gross margin).
wtb spv no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of WTB SPV NO 2 LTD at £272.6b based on an EBITDA of £-2.9m and a -94571.49x industry multiple (adjusted for size and gross margin).
wtb spv no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of WTB SPV NO 2 LTD at £0 based on Net Assets of £-390.8k and 1.89x industry multiple (adjusted for liquidity).
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Wtb Spv No 2 Ltd Overview
Wtb Spv No 2 Ltd is a live company located in london, WC1B 3SR with a Companies House number of 09390592. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in January 2015, it's largest shareholder is woodsford tradebridge ltd with a 100% stake. Wtb Spv No 2 Ltd is a established, micro sized company, Pomanda has estimated its turnover at £113 with declining growth in recent years.
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Wtb Spv No 2 Ltd Health Check
Pomanda's financial health check has awarded Wtb Spv No 2 Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
8 Weak
Size
annual sales of £113, make it smaller than the average company (£4.9m)
£113 - Wtb Spv No 2 Ltd
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (7.3%)
-91% - Wtb Spv No 2 Ltd
7.3% - Industry AVG
Production
with a gross margin of -2498225.7%, this company has a higher cost of product (59.1%)
-2498225.7% - Wtb Spv No 2 Ltd
59.1% - Industry AVG
Profitability
an operating margin of -2551119.5% make it less profitable than the average company (17.5%)
-2551119.5% - Wtb Spv No 2 Ltd
17.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Wtb Spv No 2 Ltd
5 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)
- Wtb Spv No 2 Ltd
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £37.7, this is less efficient (£397.4k)
£37.7 - Wtb Spv No 2 Ltd
£397.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wtb Spv No 2 Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wtb Spv No 2 Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wtb Spv No 2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Wtb Spv No 2 Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.7%, this is a higher level of debt than the average (88.8%)
100.7% - Wtb Spv No 2 Ltd
88.8% - Industry AVG
WTB SPV NO 2 LTD financials
Wtb Spv No 2 Ltd's latest turnover from March 2024 is £113 and the company has net assets of -£390.8 thousand. According to their latest financial statements, Wtb Spv No 2 Ltd has 3 employees and maintains cash reserves of £107.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 113 | 120,152 | 66,908 | 155,515 | 262,735 | 175,845 | 30,147 | 1,223 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,823,108 | 3,049,439 | 1,862,742 | ||||||
| Gross Profit | -2,822,995 | -2,929,287 | -1,795,834 | ||||||
| Admin Expenses | 59,770 | 34,988 | 4,504 | ||||||
| Operating Profit | -2,882,765 | -2,964,275 | -1,800,338 | 138,892 | 250,881 | 170,082 | 26,532 | -31,796 | 8,019 |
| Interest Payable | 145 | 5,952 | 1,074,791 | 1,305,474 | 758,702 | 378,956 | 143,734 | 11,278 | |
| Interest Receivable | 2,767,181 | 2,840,478 | 1,234,277 | 864,044 | 1,272,314 | 116 | 76 | 253 | 33 |
| Pre-Tax Profit | -115,729 | -129,749 | -566,061 | -71,855 | 217,721 | 104,277 | 119,141 | 22,607 | 18,934 |
| Tax | 28,932 | 32,437 | 107,552 | 13,652 | -22,637 | ||||
| Profit After Tax | -86,797 | -97,312 | -458,509 | -58,203 | 217,721 | 81,640 | 119,141 | 22,607 | 18,934 |
| Dividends Paid | 50,000 | 100,000 | |||||||
| Retained Profit | -86,797 | -97,312 | -458,509 | -58,203 | 217,721 | 31,640 | 19,141 | 22,607 | 18,934 |
| Employee Costs | |||||||||
| Number Of Employees | 3 | 3 | 3 | ||||||
| EBITDA* | -2,882,765 | -2,964,275 | -1,800,338 | 138,892 | 250,881 | 170,082 | 26,532 | -31,796 | 8,019 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 389,701 | 898,217 | 1,411,839 | 2,716,980 | 99,902 | 145,768 | |||
| Group Debtors | 52,356,457 | 41,562,061 | 59,650,922 | 43,663,682 | 35,801,647 | 16,492,883 | 7,945,516 | 4,796,312 | 968,203 |
| Misc Debtors | 32,437 | 20,294 | 13,652 | 3,333 | |||||
| Cash | 107,856 | 39,656 | 1,529,874 | 1,469,379 | 1,452,097 | 198,354 | 799,690 | 326,176 | 140,227 |
| misc current assets | |||||||||
| total current assets | 52,464,313 | 41,634,154 | 61,590,791 | 46,044,930 | 38,668,916 | 19,408,217 | 8,845,108 | 5,268,256 | 1,108,430 |
| total assets | 52,464,313 | 41,634,154 | 61,590,791 | 46,044,930 | 38,668,916 | 19,408,217 | 8,845,108 | 5,268,256 | 1,108,430 |
| Bank overdraft | 50,097 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | 20,999,885 | 7,347,435 | 77,600 | ||||||
| other short term finances | 3,584,952 | 3,581,934 | 3,337,056 | 45,791,347 | 38,349,393 | 19,265,796 | 8,781,174 | 1,133,268 | |
| hp & lease commitments | |||||||||
| other current liabilities | 1,741 | 9,478 | 3,250 | 6,758 | 25,180 | ||||
| total current liabilities | 24,584,837 | 10,929,369 | 3,414,656 | 45,793,088 | 38,358,871 | 19,315,893 | 8,784,424 | 1,140,026 | 25,180 |
| loans | 28,270,252 | 31,008,764 | 58,382,802 | 4,086,687 | 1,064,314 | ||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 28,270,252 | 31,008,764 | 58,382,802 | 4,086,687 | 1,064,314 | ||||
| total liabilities | 52,855,089 | 41,938,133 | 61,797,458 | 45,793,088 | 38,358,871 | 19,315,893 | 8,784,424 | 5,226,713 | 1,089,494 |
| net assets | -390,776 | -303,979 | -206,667 | 251,842 | 310,045 | 92,324 | 60,684 | 41,543 | 18,936 |
| total shareholders funds | -390,776 | -303,979 | -206,667 | 251,842 | 310,045 | 92,324 | 60,684 | 41,543 | 18,936 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -2,882,765 | -2,964,275 | -1,800,338 | 138,892 | 250,881 | 170,082 | 26,532 | -31,796 | 8,019 |
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | 28,932 | 32,437 | 107,552 | 13,652 | -22,637 | ||||
| Stock | |||||||||
| Debtors | 10,761,959 | -18,466,419 | 15,485,366 | 7,358,732 | 18,006,956 | 11,164,445 | 3,103,338 | 3,973,877 | 968,203 |
| Creditors | |||||||||
| Accruals and Deferred Income | -1,741 | -7,737 | 9,478 | -3,250 | -3,508 | -18,422 | 25,180 | ||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -13,615,792 | 15,534,581 | -17,179,893 | -7,213,925 | -17,746,597 | -11,020,250 | -3,080,314 | -4,024,095 | -935,004 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 13,652,450 | 7,269,835 | 77,600 | ||||||
| Other Short Term Loans | 3,018 | 244,878 | -42,454,291 | 7,441,954 | 19,083,597 | 10,484,622 | 7,647,906 | 1,133,268 | |
| Long term loans | -2,738,512 | -27,374,038 | 58,382,802 | -4,086,687 | 3,022,373 | 1,064,314 | |||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 2,767,036 | 2,834,526 | 1,234,277 | -210,747 | -33,160 | -758,586 | -378,880 | -143,481 | -11,245 |
| cash flow from financing | 13,683,992 | -17,024,799 | 17,240,388 | 7,231,207 | 19,050,437 | 9,726,036 | 3,182,339 | 4,012,160 | 1,053,071 |
| cash and cash equivalents | |||||||||
| cash | 68,200 | -1,490,218 | 60,495 | 17,282 | 1,253,743 | -601,336 | 473,514 | 185,949 | 140,227 |
| overdraft | -50,097 | 50,097 | |||||||
| change in cash | 68,200 | -1,490,218 | 60,495 | 17,282 | 1,303,840 | -651,433 | 473,514 | 185,949 | 140,227 |
wtb spv no 2 ltd Credit Report and Business Information
Wtb Spv No 2 Ltd Competitor Analysis
Perform a competitor analysis for wtb spv no 2 ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WC1B area or any other competitors across 12 key performance metrics.
wtb spv no 2 ltd Ownership
WTB SPV NO 2 LTD group structure
Wtb Spv No 2 Ltd has no subsidiary companies.
Ultimate parent company
SCOP 1994 TRUST
#0095407
2 parents
WTB SPV NO 2 LTD
09390592
wtb spv no 2 ltd directors
Wtb Spv No 2 Ltd currently has 4 directors. The longest serving directors include Mr Mark Coxhead (Jan 2015) and Mr Olivier Bonavero (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Coxhead | England | 56 years | Jan 2015 | - | Director |
| Mr Olivier Bonavero | 47 years | Jan 2016 | - | Director | |
| Mr Mark Spiteri | United Kingdom | 50 years | Jan 2016 | - | Director |
| Jonathan Dickie | England | 39 years | Feb 2024 | - | Director |
P&L
March 2024turnover
113
-100%
operating profit
-2.9m
-3%
gross margin
-2498225.6%
+102370.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-390.8k
+0.29%
total assets
52.5m
+0.26%
cash
107.9k
+1.72%
net assets
Total assets minus all liabilities
wtb spv no 2 ltd company details
company number
09390592
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
COTTONS ACCOUNTANTS LLP
address
8 bloomsbury street, london, WC1B 3SR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
wtb spv no 2 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 wtb spv no 2 ltd.
wtb spv no 2 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.
Click to start generating capital raising & share issue transactions for WTB SPV NO 2 LTD. This can take several minutes, an email will notify you when this has completed.
wtb spv no 2 ltd Companies House Filings - See Documents
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