watergate (building 2) limited
watergate (building 2) limited Company Information
Company Number
09976797
Website
https://www.wykeland.co.ukRegistered Address
wykeland house 47 queen street, hull, east yorkshire, HU1 1UU
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Construction of commercial buildings
Telephone
01482320968
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
watergate developments limited 100%
watergate (building 2) limited Estimated Valuation
Pomanda estimates the enterprise value of WATERGATE (BUILDING 2) LIMITED at £3.1k based on a Turnover of £2.5k and 1.23x industry multiple (adjusted for size and gross margin).
watergate (building 2) limited Estimated Valuation
Pomanda estimates the enterprise value of WATERGATE (BUILDING 2) LIMITED at £0 based on an EBITDA of £0 and a 4.37x industry multiple (adjusted for size and gross margin).
watergate (building 2) limited Estimated Valuation
Pomanda estimates the enterprise value of WATERGATE (BUILDING 2) LIMITED at £8.5k based on Net Assets of £6.1k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Watergate (building 2) Limited Overview
Watergate (building 2) Limited is a live company located in east yorkshire, HU1 1UU with a Companies House number of 09976797. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2016, it's largest shareholder is watergate developments limited with a 100% stake. Watergate (building 2) Limited is a young, micro sized company, Pomanda has estimated its turnover at £2.5k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Watergate (building 2) Limited Health Check
Pomanda's financial health check has awarded Watergate (Building 2) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
3 Weak
Size
annual sales of £2.5k, make it smaller than the average company (£4.5m)
£2.5k - Watergate (building 2) Limited
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Watergate (building 2) Limited
- - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
37.9% - Watergate (building 2) Limited
37.9% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Watergate (building 2) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Watergate (building 2) Limited
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Watergate (building 2) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £2.5k, this is less efficient (£264.3k)
- Watergate (building 2) Limited
£264.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Watergate (building 2) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Watergate (building 2) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Watergate (building 2) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Watergate (building 2) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (69.6%)
44.8% - Watergate (building 2) Limited
69.6% - Industry AVG
WATERGATE (BUILDING 2) LIMITED financials
Watergate (Building 2) Limited's latest turnover from March 2023 is £2.5 thousand and the company has net assets of £6.1 thousand. According to their latest financial statements, we estimate that Watergate (Building 2) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,500 | 2,500 | 2,500 | 2,500 | 7,500 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | 0 | ||||
| Gross Profit | 2,500 | 0 | 0 | ||||
| Admin Expenses | 0 | 0 | |||||
| Operating Profit | 0 | 0 | |||||
| Interest Payable | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 0 | 2,500 | 2,499 | 1,171 | 1,329 | 0 | 0 |
| Tax | 0 | -475 | -472 | -225 | -253 | 0 | 0 |
| Profit After Tax | 0 | 2,025 | 2,027 | 946 | 1,076 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 0 | 2,025 | 2,027 | 946 | 1,076 | 0 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||
| EBITDA* | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 3,000 | 3,000 | 9,000 | 0 | 0 |
| Group Debtors | 11,001 | 10,501 | 4,501 | 1,501 | 0 | 0 | 1 |
| Misc Debtors | 0 | 0 | 0 | 0 | 1,329 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,001 | 10,501 | 7,501 | 4,501 | 10,329 | 1 | 1 |
| total assets | 11,001 | 10,501 | 7,501 | 4,501 | 10,329 | 1 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,926 | 3,951 | 2,476 | 2,253 | 8,999 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 475 | 975 | 225 | 253 | 0 | 0 |
| total current liabilities | 4,926 | 4,426 | 3,451 | 2,478 | 9,252 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,926 | 4,426 | 3,451 | 2,478 | 9,252 | 0 | 0 |
| net assets | 6,075 | 6,075 | 4,050 | 2,023 | 1,077 | 1 | 1 |
| total shareholders funds | 6,075 | 6,075 | 4,050 | 2,023 | 1,077 | 1 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 0 | 0 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -475 | -472 | -225 | -253 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 500 | 3,000 | 3,000 | -5,828 | 10,329 | -1 | 1 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -475 | -500 | 750 | -28 | 253 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 975 | 1,475 | 223 | -6,746 | 8,999 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | -1 | 0 | 0 | 0 | |
| cash flow from financing | 975 | 1,475 | 222 | -6,746 | 8,999 | 1 | |
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
watergate (building 2) limited Credit Report and Business Information
Watergate (building 2) Limited Competitor Analysis
Perform a competitor analysis for watergate (building 2) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
watergate (building 2) limited Ownership
WATERGATE (BUILDING 2) LIMITED group structure
Watergate (Building 2) Limited has no subsidiary companies.
Ultimate parent company
2 parents
WATERGATE (BUILDING 2) LIMITED
09976797
watergate (building 2) limited directors
Watergate (Building 2) Limited currently has 4 directors. The longest serving directors include Mr Dominic Gibbons (Jan 2016) and Mr Stephen Hudson (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Gibbons | England | 53 years | Jan 2016 | - | Director |
| Mr Stephen Hudson | 75 years | Jan 2016 | - | Director | |
| Mr David Donkin | England | 62 years | Jul 2016 | - | Director |
| Mr Jonathan Stubbs | England | 54 years | Apr 2018 | - | Director |
P&L
March 2023turnover
2.5k
0%
operating profit
0
0%
gross margin
38%
-62.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.1k
0%
total assets
11k
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
watergate (building 2) limited company details
company number
09976797
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41201 - Construction of commercial buildings
incorporation date
January 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
wykeland house 47 queen street, hull, east yorkshire, HU1 1UU
last accounts submitted
March 2023
watergate (building 2) limited 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 found 2 charges/mortgages relating to watergate (building 2) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
watergate (building 2) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
