wasps finance plc
wasps finance plc Company Information
Company Number
09435073
Next Accounts
Feb 2025
Shareholders
moonstone holdings 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
coventry building society arena, judds lane, coventry, CV6 6AQ
Website
www.wasps.co.ukwasps finance plc Estimated Valuation
Pomanda estimates the enterprise value of WASPS FINANCE PLC at £1.5m based on a Turnover of £2.3m and 0.65x industry multiple (adjusted for size and gross margin).
wasps finance plc Estimated Valuation
Pomanda estimates the enterprise value of WASPS FINANCE PLC at £0 based on an EBITDA of £0 and a 2.26x industry multiple (adjusted for size and gross margin).
wasps finance plc Estimated Valuation
Pomanda estimates the enterprise value of WASPS FINANCE PLC at £95.9k based on Net Assets of £50k and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wasps Finance Plc Overview
Wasps Finance Plc is a dissolved company that was located in coventry, CV6 6AQ with a Companies House number of 09435073. It operated in the other credit granting n.e.c. sector, SIC Code 64929. Founded in February 2015, it's largest shareholder was moonstone holdings ltd with a 100% stake. The last turnover for Wasps Finance Plc was estimated at £2.3m.
Upgrade for unlimited company reports & a free credit check
Wasps Finance Plc Health Check
Pomanda's financial health check has awarded Wasps Finance Plc a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£3.1m)
£2.3m - Wasps Finance Plc
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.5%)
-2% - Wasps Finance Plc
3.5% - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Wasps Finance Plc
8 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£353.4k)
£1.1m - Wasps Finance Plc
£353.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wasps Finance Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Wasps Finance Plc
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (90.1%)
99.9% - Wasps Finance Plc
90.1% - Industry AVG
WASPS FINANCE PLC financials
Wasps Finance Plc's latest turnover from June 2021 is £2.3 million and the company has net assets of £50 thousand. According to their latest financial statements, Wasps Finance Plc has 2 employees and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Turnover | 2,275,000 | 2,607,000 | 2,390,000 | 2,390,000 | 2,390,000 | 3,395,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,275,000 | 2,607,000 | 2,390,000 | 2,390,000 | 2,390,000 | 3,395,000 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 2 | 2 | ||||
| EBITDA* | 0 | 0 | 0 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 332,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 33,509,000 | 33,385,000 | 33,269,000 | 34,156,000 |
| Total Fixed Assets | 0 | 0 | 33,841,000 | 33,385,000 | 33,269,000 | 34,156,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 35,310,000 | 34,173,000 | 333,000 | 347,000 | 347,000 | 13,000 |
| Misc Debtors | 37,000 | 37,000 | 37,000 | 0 | 0 | 0 |
| Cash | 9,000 | 1,146,000 | 1,143,000 | 1,139,000 | 1,139,000 | 1,172,000 |
| misc current assets | 0 | 0 | 0 | 37,000 | 37,000 | 0 |
| total current assets | 35,356,000 | 35,356,000 | 1,513,000 | 1,523,000 | 1,523,000 | 1,185,000 |
| total assets | 35,356,000 | 35,356,000 | 35,354,000 | 34,908,000 | 34,792,000 | 35,341,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 35,000,000 | 35,000,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 306,000 | 306,000 | 304,000 | 304,000 | 304,000 | 328,000 |
| total current liabilities | 35,306,000 | 35,306,000 | 304,000 | 304,000 | 304,000 | 328,000 |
| loans | 0 | 0 | 35,000,000 | 34,554,000 | 34,438,000 | 35,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 35,000,000 | 34,554,000 | 34,438,000 | 35,000,000 |
| total liabilities | 35,306,000 | 35,306,000 | 35,304,000 | 34,858,000 | 34,742,000 | 35,328,000 |
| net assets | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 13,000 |
| total shareholders funds | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 13,000 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,137,000 | 331,000 | 147,000 | 116,000 | -553,000 | 34,169,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 2,000 | 0 | 0 | -24,000 | 328,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,137,000 | -329,000 | -147,000 | -116,000 | 529,000 | |
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | -332,000 | 332,000 | 0 | 0 | 0 |
| cash flow from investments | 0 | 332,000 | -332,000 | 0 | 0 | 0 |
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 35,000,000 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -35,000,000 | 446,000 | 116,000 | -562,000 | 35,000,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 446,000 | 116,000 | -525,000 | 35,013,000 |
| cash and cash equivalents | ||||||
| cash | -1,137,000 | 3,000 | 4,000 | 0 | -33,000 | 1,172,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,137,000 | 3,000 | 4,000 | 0 | -33,000 | 1,172,000 |
wasps finance plc Credit Report and Business Information
Wasps Finance Plc Competitor Analysis
Perform a competitor analysis for wasps finance plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in CV6 area or any other competitors across 12 key performance metrics.
wasps finance plc Ownership
WASPS FINANCE PLC group structure
Wasps Finance Plc has no subsidiary companies.
Ultimate parent company
MOONSTONE HOLDINGS LTD
#0083442
1 parent
WASPS FINANCE PLC
09435073
wasps finance plc directors
Wasps Finance Plc currently has 2 directors. The longest serving directors include Mr Derek Richardson (Apr 2015) and Mr Nicholas Eastwood (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Richardson | 63 years | Apr 2015 | - | Director | |
| Mr Nicholas Eastwood | England | 65 years | Jun 2017 | - | Director |
P&L
June 2021turnover
2.3m
-13%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
50k
0%
total assets
35.4m
0%
cash
9k
-0.99%
net assets
Total assets minus all liabilities
wasps finance plc company details
company number
09435073
Type
Public 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
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2021
previous names
davmol limited (April 2015)
accountant
-
auditor
MAZARS LLP
address
coventry building society arena, judds lane, coventry, CV6 6AQ
Bank
-
Legal Advisor
-
wasps finance plc 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 wasps finance plc.
wasps finance plc 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 WASPS FINANCE PLC. This can take several minutes, an email will notify you when this has completed.
wasps finance plc Companies House Filings - See Documents
| date | description | view/download |
|---|
