weheartfamily ltd
weheartfamily ltd Company Information
Company Number
09977710
Website
www.thebshirt.clothingRegistered Address
148 field end road, eastcote, HA5 1RJ
Industry
Other retail sale in non-specialised stores
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Subha Ganesh1 Years
Shareholders
subha ganesh 100%
weheartfamily ltd Estimated Valuation
Pomanda estimates the enterprise value of WEHEARTFAMILY LTD at £108.5k based on a Turnover of £309.9k and 0.35x industry multiple (adjusted for size and gross margin).
weheartfamily ltd Estimated Valuation
Pomanda estimates the enterprise value of WEHEARTFAMILY LTD at £0 based on an EBITDA of £-3.4k and a 4.01x industry multiple (adjusted for size and gross margin).
weheartfamily ltd Estimated Valuation
Pomanda estimates the enterprise value of WEHEARTFAMILY LTD at £6.6k based on Net Assets of £2.4k and 2.77x industry multiple (adjusted for liquidity).
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Weheartfamily Ltd Overview
Weheartfamily Ltd is a live company located in eastcote, HA5 1RJ with a Companies House number of 09977710. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in January 2016, it's largest shareholder is subha ganesh with a 100% stake. Weheartfamily Ltd is a young, micro sized company, Pomanda has estimated its turnover at £309.9k with declining growth in recent years.
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Weheartfamily Ltd Health Check
Pomanda's financial health check has awarded Weheartfamily Ltd 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
2 Strong
2 Regular
8 Weak
Size
annual sales of £309.9k, make it smaller than the average company (£961.2k)
- Weheartfamily Ltd
£961.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.3%)
- Weheartfamily Ltd
4.3% - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
- Weheartfamily Ltd
39% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (4.1%)
- Weheartfamily Ltd
4.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (21)
4 - Weheartfamily Ltd
21 - Industry AVG
Pay Structure
on an average salary of £22.8k, the company has an equivalent pay structure (£22.8k)
- Weheartfamily Ltd
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £77.5k, this is less efficient (£131.3k)
- Weheartfamily Ltd
£131.3k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (16 days)
- Weheartfamily Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (35 days)
- Weheartfamily Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 173 days, this is more than average (90 days)
- Weheartfamily Ltd
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Weheartfamily Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (70.4%)
97.8% - Weheartfamily Ltd
70.4% - Industry AVG
WEHEARTFAMILY LTD financials
Weheartfamily Ltd's latest turnover from January 2023 is estimated at £309.9 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, Weheartfamily Ltd has 4 employees and maintains cash reserves of £833 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 299 | 398 | 531 | 564 | 843 | 426 | 350 |
| Intangible Assets | 4,800 | 5,020 | 4,941 | 3,243 | 540 | 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 | 5,099 | 5,418 | 5,472 | 3,807 | 1,383 | 426 | 350 |
| Stock & work in progress | 89,594 | 76,957 | 68,751 | 47,583 | 42,580 | 0 | 0 |
| Trade Debtors | 6,508 | 4,344 | 0 | 0 | 1,649 | 39,035 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,967 | 4,499 | 4,744 | 1,808 | 8,694 | 0 | 1,123 |
| Cash | 833 | 15,053 | 7,504 | 8,477 | 5,364 | 0 | 8,489 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 101,902 | 100,853 | 80,999 | 57,868 | 58,287 | 39,035 | 9,612 |
| total assets | 107,001 | 106,271 | 86,471 | 61,675 | 59,670 | 39,461 | 9,962 |
| Bank overdraft | 6,975 | 0 | 0 | 6,696 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 26,210 | 10,713 | 0 | 0 |
| Trade Creditors | 42,375 | 44,285 | 19,270 | 0 | 13,724 | 26,648 | 759 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 5,556 | 9,030 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,533 | 6,663 | 10,997 | 12,131 | 8,828 | 0 | 4,371 |
| total current liabilities | 69,439 | 59,978 | 30,267 | 45,037 | 33,265 | 26,648 | 5,130 |
| loans | 35,185 | 36,114 | 50,000 | 12,976 | 23,689 | 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 | 6,963 | 10,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,185 | 36,114 | 50,000 | 12,976 | 23,689 | 6,963 | 10,000 |
| total liabilities | 104,624 | 96,092 | 80,267 | 58,013 | 56,954 | 33,611 | 15,130 |
| net assets | 2,377 | 10,179 | 6,204 | 3,662 | 2,716 | 5,850 | -5,168 |
| total shareholders funds | 2,377 | 10,179 | 6,204 | 3,662 | 2,716 | 5,850 | -5,168 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 99 | 133 | 185 | 279 | 10 | ||
| Amortisation | 220 | 220 | 195 | 109 | 0 | ||
| Tax | |||||||
| Stock | 12,637 | 8,206 | 21,168 | 5,003 | 42,580 | 0 | 0 |
| Debtors | 2,632 | 4,099 | 2,936 | -8,535 | -28,692 | 37,912 | 1,123 |
| Creditors | -1,910 | 25,015 | 19,270 | -13,724 | -12,924 | 25,889 | 759 |
| Accruals and Deferred Income | 7,870 | -4,334 | -1,134 | 3,303 | 8,828 | -4,371 | 4,371 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | -26,210 | 15,497 | 10,713 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -3,474 | 9,030 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -929 | -13,886 | 37,024 | -10,713 | 23,689 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -6,963 | -3,037 | 10,000 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -14,220 | 7,549 | -973 | 3,113 | 5,364 | -8,489 | 8,489 |
| overdraft | 6,975 | 0 | -6,696 | 6,696 | 0 | 0 | 0 |
| change in cash | -21,195 | 7,549 | 5,723 | -3,583 | 5,364 | -8,489 | 8,489 |
weheartfamily ltd Credit Report and Business Information
Weheartfamily Ltd Competitor Analysis
Perform a competitor analysis for weheartfamily ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HA5 area or any other competitors across 12 key performance metrics.
weheartfamily ltd Ownership
WEHEARTFAMILY LTD group structure
Weheartfamily Ltd has no subsidiary companies.
Ultimate parent company
WEHEARTFAMILY LTD
09977710
weheartfamily ltd directors
Weheartfamily Ltd currently has 1 director, Mrs Subha Ganesh serving since Jun 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Subha Ganesh | England | 43 years | Jun 2023 | - | Director |
P&L
January 2023turnover
309.9k
+3%
operating profit
-3.7k
0%
gross margin
39.1%
+1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
2.4k
-0.77%
total assets
107k
+0.01%
cash
833
-0.94%
net assets
Total assets minus all liabilities
weheartfamily ltd company details
company number
09977710
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
47910 - Retail sale via mail order houses or via Internet
incorporation date
January 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
148 field end road, eastcote, HA5 1RJ
accountant
THOMPSON JENNER LLP
auditor
-
weheartfamily 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 found 1 charges/mortgages relating to weheartfamily ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
weheartfamily ltd Companies House Filings - See Documents
| date | description | view/download |
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