Pomanda estimates the enterprise value of THE WORK AVENUE FOUNDATION at £588.5k based on a Turnover of £897.1k and 0.66x industry multiple (adjusted for size and gross margin).
the work avenue foundationEstimated Valuation
£0
Pomanda estimates the enterprise value of THE WORK AVENUE FOUNDATION at £0 based on an EBITDA of £-230.1k and a 4.43x industry multiple (adjusted for size and gross margin).
the work avenue foundationEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of THE WORK AVENUE FOUNDATION at £1.1m based on Net Assets of £398.5k and 2.75x industry multiple (adjusted for liquidity).
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The Work Avenue FoundationOverview
The Work Avenue Foundation is a live company located in london, N3 1DH with a Companies House number of 09595853. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in May 2015, it's largest shareholder is
unknown.
The Work Avenue Foundation is a established,
small sized company, Pomanda has estimated its turnover at
£897.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded The Work Avenue Foundation a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £897.1k, make it larger than the average company (£743.9k)
£897.1k - The Work Avenue Foundation
£743.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.2%)
-9% - The Work Avenue Foundation
6.2% - Industry AVG
Production
with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)
53.6% - The Work Avenue Foundation
53.6% - Industry AVG
Profitability
an operating margin of -26.1% make it less profitable than the average company (2.4%)
-26.1% - The Work Avenue Foundation
2.4% - Industry AVG
Employees
with 16 employees, this is similar to the industry average (14)
16 - The Work Avenue Foundation
14 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£35.9k)
£38.7k - The Work Avenue Foundation
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £56.1k, this is less efficient (£66.5k)
£56.1k - The Work Avenue Foundation
£66.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (16 days)
19 days - The Work Avenue Foundation
16 days - Industry AVG
Creditor Days
its suppliers are paid after 305 days, this is slower than average (30 days)
305 days - The Work Avenue Foundation
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Work Avenue Foundation
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 50 weeks, this is less cash available to meet short term requirements (71 weeks)
50 weeks - The Work Avenue Foundation
71 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (32.8%)
67.3% - The Work Avenue Foundation
32.8% - Industry AVG
THE WORK AVENUE FOUNDATION financials
EXPORT
The Work Avenue Foundation's latest turnover from December 2023 is £897.1 thousand and the company has net assets of £398.5 thousand. According to their latest financial statements, The Work Avenue Foundation has 16 employees and maintains cash reserves of £347.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jul 2015
Turnover
897,067
1,117,938
1,233,798
1,174,572
1,065,674
1,192,760
988,577
679,169
Other Income Or Grants
Cost Of Sales
416,033
464,218
481,877
488,582
473,659
542,603
429,099
323,473
Gross Profit
481,034
653,720
751,921
685,990
592,015
650,157
559,478
355,696
Admin Expenses
715,654
731,740
493,329
1,087,544
254,584
382,243
214,316
251,433
Operating Profit
-234,620
-78,020
258,592
-401,554
337,431
267,914
345,162
104,263
Interest Payable
Interest Receivable
Pre-Tax Profit
-213,022
-62,822
210,733
-400,511
279,545
220,498
280,494
83,541
Tax
Profit After Tax
-213,022
-62,822
210,733
-400,511
279,545
220,498
280,494
83,541
Dividends Paid
Retained Profit
-213,022
-62,822
210,733
-400,511
279,545
220,498
280,494
83,541
Employee Costs
618,868
609,268
532,838
450,166
408,829
353,886
376,726
323,892
Number Of Employees
16
15
14
9
9
10
9
7
EBITDA*
-230,126
-72,140
266,400
-391,033
345,436
278,735
352,946
112,852
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jul 2015
Tangible Assets
18,739
23,233
29,113
36,921
29,442
37,447
27,757
26,830
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
18,739
23,233
29,113
36,921
29,442
37,447
27,757
26,830
Stock & work in progress
Trade Debtors
47,091
24,729
21,983
19,833
20,405
21,687
16,119
Group Debtors
Misc Debtors
803,271
801,006
835,482
66,028
14,853
15,893
32,957
16,611
Cash
347,506
475,272
393,178
864,348
1,221,127
828,443
319,796
130,989
misc current assets
total current assets
1,197,868
1,301,007
1,250,643
950,209
1,256,385
866,023
368,872
147,600
total assets
1,216,607
1,324,240
1,279,756
987,130
1,285,827
903,470
396,629
174,430
Bank overdraft
Bank loan
Trade Creditors
348,401
212,158
4,025
626
5,048
3,113
1,167
26,640
Group/Directors Accounts
50,923
other short term finances
hp & lease commitments
other current liabilities
6,318
10,441
10,883
22,093
21,457
26,180
31,427
13,326
total current liabilities
354,719
222,599
14,908
22,719
26,505
29,293
32,594
90,889
loans
hp & lease commitments
Accruals and Deferred Income
463,432
490,163
590,548
500,844
395,244
289,644
other liabilities
provisions
total long term liabilities
463,432
490,163
590,548
500,844
395,244
289,644
total liabilities
818,151
712,762
605,456
523,563
421,749
318,937
32,594
90,889
net assets
398,456
611,478
674,300
463,567
864,078
584,533
364,035
83,541
total shareholders funds
398,456
611,478
674,300
463,567
864,078
584,533
364,035
83,541
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jul 2015
Operating Activities
Operating Profit
-234,620
-78,020
258,592
-401,554
337,431
267,914
345,162
104,263
Depreciation
4,494
5,880
7,808
10,521
8,005
10,821
7,784
8,589
Amortisation
Tax
Stock
Debtors
24,627
-31,730
771,604
50,603
-2,322
-11,496
32,465
16,611
Creditors
136,243
208,133
3,399
-4,422
1,935
1,946
-25,473
26,640
Accruals and Deferred Income
-30,854
-100,827
78,494
106,236
100,877
284,397
18,101
13,326
Deferred Taxes & Provisions
Cash flow from operations
-149,364
66,896
-423,311
-339,822
450,570
576,574
313,109
136,207
Investing Activities
capital expenditure
-20,511
-8,691
-35,419
Change in Investments
cash flow from investments
-20,511
-8,691
-35,419
Financing Activities
Bank loans
Group/Directors Accounts
-50,923
50,923
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
-50,923
50,923
cash and cash equivalents
cash
-127,766
82,094
-471,170
-356,779
392,684
508,647
188,807
130,989
overdraft
change in cash
-127,766
82,094
-471,170
-356,779
392,684
508,647
188,807
130,989
the work avenue foundation Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the work avenue foundation. Get real-time insights into the work avenue foundation's credit score, group structure and payment trends.
Perform a competitor analysis for the work avenue foundation by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
the work avenue foundation Ownership
THE WORK AVENUE FOUNDATION group structure
The Work Avenue Foundation has no subsidiary companies.
Ultimate parent company
THE WORK AVENUE FOUNDATION
09595853
THE WORK AVENUE FOUNDATION Shareholders
The sole shareholder of The Work Avenue Foundation is -.
-
-
the work avenue foundation directors
The Work Avenue Foundation currently has 8 directors.
The longest serving directors include
Mr Paul Mann (May 2015) and
Mr Misha Morris (May 2015).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
work avenue limited (July 2015)
accountant
DANIEL FINE
auditor
-
address
first floor, winston house, 349 regents park road, london, N3 1DH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the work avenue foundation 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 the work avenue foundation.
the work avenue foundation 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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the work avenue foundationCompanies House Filings - See Documents
