wideye ltd
wideye ltd Company Information
Company Number
09552495
Next Accounts
Dec 2025
Shareholders
lawrence john bull
adrian charles michael hill
View AllGroup Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
113 high street, rye, east sussex, TN31 7JE
Website
www.wideye.co.ukwideye ltd Estimated Valuation
Pomanda estimates the enterprise value of WIDEYE LTD at £557.8k based on a Turnover of £1.3m and 0.42x industry multiple (adjusted for size and gross margin).
wideye ltd Estimated Valuation
Pomanda estimates the enterprise value of WIDEYE LTD at £269.6k based on an EBITDA of £67.3k and a 4.01x industry multiple (adjusted for size and gross margin).
wideye ltd Estimated Valuation
Pomanda estimates the enterprise value of WIDEYE LTD at £509.8k based on Net Assets of £168.6k and 3.02x industry multiple (adjusted for liquidity).
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Wideye Ltd Overview
Wideye Ltd is a live company located in east sussex, TN31 7JE with a Companies House number of 09552495. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in April 2015, it's largest shareholder is lawrence john bull with a 65% stake. Wideye Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Wideye Ltd Health Check
Pomanda's financial health check has awarded Wideye Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.2m)
- Wideye Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 72%, show it is growing at a faster rate (14.1%)
- Wideye Ltd
14.1% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)
- Wideye Ltd
45.4% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (5.8%)
- Wideye Ltd
5.8% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (25)
23 - Wideye Ltd
25 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Wideye Ltd
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is less efficient (£90.7k)
- Wideye Ltd
£90.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wideye Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wideye Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is less than average (78 days)
- Wideye Ltd
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (27 weeks)
36 weeks - Wideye Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.2%, this is a lower level of debt than the average (67.2%)
47.2% - Wideye Ltd
67.2% - Industry AVG
WIDEYE LTD financials
Wideye Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £168.6 thousand. According to their latest financial statements, Wideye Ltd has 23 employees and maintains cash reserves of £95.5 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 | |||||||||
| 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 | 23 | 16 | 22 | 10 | 14 | 10 | 3 | ||
| EBITDA* |
* 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 | 82,343 | 59,746 | 69,715 | 62,287 | 71,161 | 55,422 | 19,247 | 10,038 | 11,016 |
| Intangible Assets | 4,964 | 9,781 | 1,002 | ||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 300 | ||||||||
| Total Fixed Assets | 87,307 | 69,527 | 69,715 | 62,287 | 71,461 | 55,422 | 19,247 | 11,040 | 11,016 |
| Stock & work in progress | 103,911 | 87,000 | 80,000 | 95,000 | 61,500 | 48,996 | 45,014 | 32,519 | 20,761 |
| Trade Debtors | 890 | 4,010 | 50 | 6,390 | 3,913 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 32,470 | 28,079 | 25,570 | 21,377 | 18,811 | 12,839 | 9,056 | 7,175 | 4,475 |
| Cash | 95,483 | 62,015 | 88,736 | 127,106 | 14,404 | 28,044 | 53,959 | 99,143 | 2,769 |
| misc current assets | |||||||||
| total current assets | 231,864 | 177,984 | 198,316 | 243,533 | 101,105 | 93,792 | 108,029 | 138,837 | 28,005 |
| total assets | 319,171 | 247,511 | 268,031 | 305,820 | 172,566 | 149,214 | 127,276 | 149,877 | 39,021 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 300 | 600 | |||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 135,732 | 98,512 | 122,104 | 151,180 | 185,868 | 168,414 | 82,620 | 78,680 | 57,015 |
| total current liabilities | 135,732 | 98,512 | 122,104 | 151,480 | 186,468 | 168,414 | 82,620 | 78,680 | 57,015 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 14,838 | 10,343 | 10,918 | 10,422 | |||||
| total long term liabilities | 14,838 | 10,343 | 10,918 | 10,422 | |||||
| total liabilities | 150,570 | 108,855 | 133,022 | 161,902 | 186,468 | 168,414 | 82,620 | 78,680 | 57,015 |
| net assets | 168,601 | 138,656 | 135,009 | 143,918 | -13,902 | -19,200 | 44,656 | 71,197 | -17,994 |
| total shareholders funds | 168,601 | 138,656 | 135,009 | 143,918 | -13,902 | -19,200 | 44,656 | 71,197 | -17,994 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 26,703 | 19,015 | 23,351 | 19,152 | 20,813 | 18,601 | 6,925 | 4,124 | 1,541 |
| Amortisation | 4,817 | 4,817 | 493 | ||||||
| Tax | |||||||||
| Stock | 16,911 | 7,000 | -15,000 | 33,500 | 12,504 | 3,982 | 12,495 | 11,758 | 20,761 |
| Debtors | 3,501 | -611 | 8,153 | -4,074 | 8,749 | 7,696 | 1,881 | 2,700 | 4,475 |
| Creditors | -300 | -300 | 600 | ||||||
| Accruals and Deferred Income | 37,220 | -23,592 | -29,076 | -34,688 | 17,454 | 85,794 | 3,940 | 21,665 | 57,015 |
| Deferred Taxes & Provisions | 4,495 | -575 | 496 | 10,422 | |||||
| Cash flow from operations | |||||||||
| 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 | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 33,468 | -26,721 | -38,370 | 112,702 | -13,640 | -25,915 | -45,184 | 96,374 | 2,769 |
| overdraft | |||||||||
| change in cash | 33,468 | -26,721 | -38,370 | 112,702 | -13,640 | -25,915 | -45,184 | 96,374 | 2,769 |
wideye ltd Credit Report and Business Information
Wideye Ltd Competitor Analysis
Perform a competitor analysis for wideye ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TN31 area or any other competitors across 12 key performance metrics.
wideye ltd Ownership
WIDEYE LTD group structure
Wideye Ltd has no subsidiary companies.
Ultimate parent company
WIDEYE LTD
09552495
wideye ltd directors
Wideye Ltd currently has 3 directors. The longest serving directors include Mr Lawrence Bull (Apr 2015) and Mr Adrian Hill (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lawrence Bull | England | 63 years | Apr 2015 | - | Director |
| Mr Adrian Hill | England | 58 years | Mar 2017 | - | Director |
| Mr Timo Mullen | England | 52 years | Nov 2018 | - | Director |
P&L
March 2024turnover
1.3m
+96%
operating profit
35.8k
0%
gross margin
45.5%
+2.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
168.6k
+0.22%
total assets
319.2k
+0.29%
cash
95.5k
+0.54%
net assets
Total assets minus all liabilities
Similar Companies
wideye ltd company details
company number
09552495
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
PLUS ACCOUNTING
auditor
-
address
113 high street, rye, east sussex, TN31 7JE
Bank
-
Legal Advisor
-
wideye 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 wideye ltd.
wideye 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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wideye ltd Companies House Filings - See Documents
| date | description | view/download |
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