Pomanda estimates the enterprise value of WQ DEVELOPMENTS LIMITED at £71k based on a Turnover of £217.5k and 0.33x industry multiple (adjusted for size and gross margin).
wq developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WQ DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-19.4k and a 2.49x industry multiple (adjusted for size and gross margin).
wq developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WQ DEVELOPMENTS LIMITED at £0 based on Net Assets of £-665.2k and 1.39x industry multiple (adjusted for liquidity).
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Wq Developments LimitedOverview
Wq Developments Limited is a live company located in manchester, M4 6BB with a Companies House number of 09766196. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2015, it's largest shareholder is
gjs holdco limited
with a 100% stake. Wq Developments Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£217.5k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Wq Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
8 Weak
Size
annual sales of £217.5k, make it smaller than the average company (£2.2m)
£217.5k - Wq Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (3.5%)
4% - Wq Developments Limited
3.5% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (26.4%)
9.5% - Wq Developments Limited
26.4% - Industry AVG
Profitability
an operating margin of -8.9% make it less profitable than the average company (7%)
-8.9% - Wq Developments Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Wq Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
£47.7k - Wq Developments Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £217.5k, this is less efficient (£275.1k)
£217.5k - Wq Developments Limited
£275.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wq Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (30 days)
37 days - Wq Developments Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 3901 days, this is more than average (161 days)
3901 days - Wq Developments Limited
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Wq Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.3%, this is a higher level of debt than the average (72.9%)
131.3% - Wq Developments Limited
72.9% - Industry AVG
WQ DEVELOPMENTS LIMITED financials
EXPORT
Wq Developments Limited's latest turnover from September 2023 is estimated at £217.5 thousand and the company has net assets of -£665.2 thousand. According to their latest financial statements, Wq Developments Limited has 1 employee and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
May 2019
May 2018
May 2017
May 2016
Turnover
217,484
203,653
178,937
191,418
194,589
262,617
707,296
601,755
Other Income Or Grants
Cost Of Sales
196,757
184,018
163,340
172,572
173,694
233,643
623,475
531,569
Gross Profit
20,727
19,634
15,598
18,846
20,895
28,974
83,821
70,186
Admin Expenses
40,078
44,071
39,643
190,357
139,509
177,122
151,613
29,150
Operating Profit
-19,351
-24,437
-24,045
-171,511
-118,614
-148,148
-67,792
41,036
Interest Payable
65,036
67,637
Interest Receivable
149
71
10
9
6
19
9
2
Pre-Tax Profit
-19,202
-24,366
-24,035
-171,502
-118,608
-148,129
-132,819
-26,599
Tax
Profit After Tax
-19,202
-24,366
-24,035
-171,502
-118,608
-148,129
-132,819
-26,599
Dividends Paid
Retained Profit
-19,202
-24,366
-24,035
-171,502
-118,608
-148,129
-132,819
-26,599
Employee Costs
47,669
44,890
44,257
43,212
42,332
41,961
82,443
41,574
Number Of Employees
1
1
1
1
1
1
2
1
EBITDA*
-19,351
-24,437
-24,045
-171,511
-118,614
-148,148
-67,792
41,036
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
May 2019
May 2018
May 2017
May 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
2,103,335
2,081,117
2,081,117
2,081,117
2,081,117
2,081,117
2,081,117
2,081,117
Trade Debtors
Group Debtors
Misc Debtors
23,391
20,670
8,870
20,690
25,685
22,846
8,884
5,085
Cash
2,103
3,583
2,769
16,984
798
837
6,606
795
misc current assets
total current assets
2,128,829
2,105,370
2,092,756
2,118,791
2,107,600
2,104,800
2,096,607
2,086,997
total assets
2,128,829
2,105,370
2,092,756
2,118,791
2,107,600
2,104,800
2,096,607
2,086,997
Bank overdraft
2,081,149
Bank loan
Trade Creditors
19,976
18,936
6,936
18,936
11,942
28,835
Group/Directors Accounts
2,764,122
2,723,802
2,698,822
2,688,822
2,450,427
other short term finances
hp & lease commitments
other current liabilities
9,971
8,670
8,670
8,670
71,366
2,383,492
2,256,005
32,427
total current liabilities
2,794,069
2,751,408
2,714,428
2,716,428
2,533,735
2,412,327
2,256,005
2,113,576
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,794,069
2,751,408
2,714,428
2,716,428
2,533,735
2,412,327
2,256,005
2,113,576
net assets
-665,240
-646,038
-621,672
-597,637
-426,135
-307,527
-159,398
-26,579
total shareholders funds
-665,240
-646,038
-621,672
-597,637
-426,135
-307,527
-159,398
-26,579
Sep 2023
Sep 2022
Sep 2021
Sep 2020
May 2019
May 2018
May 2017
May 2016
Operating Activities
Operating Profit
-19,351
-24,437
-24,045
-171,511
-118,614
-148,148
-67,792
41,036
Depreciation
Amortisation
Tax
Stock
22,218
2,081,117
Debtors
2,721
11,800
-11,820
-4,995
2,839
13,962
3,799
5,085
Creditors
1,040
12,000
-12,000
6,994
-16,893
28,835
Accruals and Deferred Income
1,301
-62,696
-2,312,126
127,487
2,223,578
32,427
Deferred Taxes & Provisions
Cash flow from operations
-41,949
-24,237
-24,225
-222,218
-2,450,472
-5,788
2,151,987
-2,012,739
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
40,320
24,980
10,000
238,395
2,450,427
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
20
interest
149
71
10
9
6
19
-65,027
-67,635
cash flow from financing
40,469
25,051
10,010
238,404
2,450,433
19
-65,027
-67,615
cash and cash equivalents
cash
-1,480
814
-14,215
16,186
-39
-5,769
5,811
795
overdraft
-2,081,149
2,081,149
change in cash
-1,480
814
-14,215
16,186
-39
-5,769
2,086,960
-2,080,354
wq developments limited 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 wq developments limited. Get real-time insights into wq developments limited's credit score, group structure and payment trends.
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wq developments limited Ownership
WQ DEVELOPMENTS LIMITED group structure
Wq Developments Limited has no subsidiary companies.
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 wq developments limited.
wq developments limited Capital Raised & Share Issues BETA
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wq developments limitedCompanies House Filings - See Documents
