wse property services limited

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wse property services limited Company Information

Share WSE PROPERTY SERVICES LIMITED

Company Number

09985874

Shareholders

helen wright

john wright

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

36 green ridge, brighton, BN1 5LL

wse property services limited Estimated Valuation

£452.4k

Pomanda estimates the enterprise value of WSE PROPERTY SERVICES LIMITED at £452.4k based on a Turnover of £153.8k and 2.94x industry multiple (adjusted for size and gross margin).

wse property services limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of WSE PROPERTY SERVICES LIMITED at £2.3m based on an EBITDA of £326k and a 7.01x industry multiple (adjusted for size and gross margin).

wse property services limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of WSE PROPERTY SERVICES LIMITED at £2.4m based on Net Assets of £1.4m and 1.78x industry multiple (adjusted for liquidity).

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Wse Property Services Limited Overview

Wse Property Services Limited is a live company located in brighton, BN1 5LL with a Companies House number of 09985874. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is helen wright with a 38% stake. Wse Property Services Limited is a young, micro sized company, Pomanda has estimated its turnover at £153.8k with declining growth in recent years.

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Wse Property Services Limited Health Check

Pomanda's financial health check has awarded Wse Property Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £153.8k, make it smaller than the average company (£655.5k)

£153.8k - Wse Property Services Limited

£655.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.1%)

-4% - Wse Property Services Limited

5.1% - Industry AVG

production

Production

with a gross margin of 68%, this company has a comparable cost of product (68%)

68% - Wse Property Services Limited

68% - Industry AVG

profitability

Profitability

an operating margin of 208.6% make it more profitable than the average company (16.3%)

208.6% - Wse Property Services Limited

16.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Wse Property Services Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)

£36.4k - Wse Property Services Limited

£36.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £76.9k, this is less efficient (£145.3k)

£76.9k - Wse Property Services Limited

£145.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (40 days)

20 days - Wse Property Services Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 361 days, this is slower than average (33 days)

361 days - Wse Property Services Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wse Property Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (29 weeks)

2 weeks - Wse Property Services Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (62.8%)

75.9% - Wse Property Services Limited

62.8% - Industry AVG

WSE PROPERTY SERVICES LIMITED financials

EXPORTms excel logo

Wse Property Services Limited's latest turnover from February 2024 is estimated at £153.8 thousand and the company has net assets of £1.4 million. According to their latest financial statements, Wse Property Services Limited has 2 employees and maintains cash reserves of £30.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover153,811126,05389,581173,88390,468126,541117,360119,116
Other Income Or Grants00000000
Cost Of Sales49,24833,60824,33745,72221,87230,79428,92327,542
Gross Profit104,56392,44565,244128,16168,59795,74788,43691,575
Admin Expenses-216,342-310,513-174,586-86,071-64,672200,519-225,722-3,975
Operating Profit320,905402,958239,830214,232133,269-104,772314,15895,550
Interest Payable362,608297,438168,981148,582133,26398,79357,75312,377
Interest Receivable5,3225,837421524921,61790710
Pre-Tax Profit-36,381111,35771,27065,702499-201,948257,31283,183
Tax0-21,158-13,541-12,483-950-48,889-16,636
Profit After Tax-36,38190,19957,72953,219404-201,948208,42366,546
Dividends Paid00000000
Retained Profit-36,38190,19957,72953,219404-201,948208,42366,546
Employee Costs72,85770,87266,85261,85562,27961,08959,00485,703
Number Of Employees22222223
EBITDA*326,025409,249247,730224,151145,646-89,324314,15895,550

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets20,39125,15931,45039,35049,26961,6461640
Intangible Assets00000000
Investments & Other5,472,1574,660,0033,718,2563,340,0043,214,0852,250,0001,880,411789,209
Debtors (Due After 1 year)00000000
Total Fixed Assets5,492,5484,685,1623,749,7063,379,3543,263,3542,311,6461,880,575789,209
Stock & work in progress00000000
Trade Debtors8,4286,7841,76021,9891,9804,96112,123467
Group Debtors00031,81029,30112,6582,0586,434
Misc Debtors148,254425,724292,14149,47815,57102,5780
Cash30,328172,432119,41049,01555,17476,156355,1077,654
misc current assets8,9288,8996,078231,28262,831000
total current assets195,938613,839419,389383,574164,857155,924371,86614,555
total assets5,688,4865,299,0014,169,0953,762,9283,428,2112,467,5702,252,441803,764
Bank overdraft00000000
Bank loan00000000
Trade Creditors 48,75741,44332,41334,96029,01967,2626,0690
Group/Directors Accounts56,077116,0598,53312,08017,1220578,529273,274
other short term finances00000000
hp & lease commitments0038,27800000
other current liabilities620,590521,289361,990180,00249,651414,22011,8427,003
total current liabilities725,424678,791441,214227,04295,792481,482596,440280,277
loans3,227,7513,218,6152,730,1442,469,2742,402,2541,546,2711,380,932396,077
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities0102,84053,020445,118449,06954,01800
provisions362,606305,960195,66888,75373,71557,59100
total long term liabilities3,590,3573,627,4152,978,8323,003,1452,925,0381,657,8801,380,932396,077
total liabilities4,315,7814,306,2063,420,0463,230,1873,020,8302,139,3621,977,372676,354
net assets1,372,705992,795749,049532,741407,381328,208275,069127,410
total shareholders funds1,372,705992,795749,049532,741407,381328,208275,069127,410
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit320,905402,958239,830214,232133,269-104,772314,15895,550
Depreciation5,1206,2917,9009,91912,37715,44800
Amortisation00000000
Tax0-21,158-13,541-12,483-950-48,889-16,636
Stock00000000
Debtors-275,826138,607190,62456,42529,2338609,8586,901
Creditors7,3149,030-2,5475,941-38,24361,1936,0690
Accruals and Deferred Income99,301159,299181,988130,351-364,569402,3784,8397,003
Deferred Taxes & Provisions56,646110,292106,91515,03816,12457,59100
Cash flow from operations765,112528,105329,921306,573-270,370430,978266,31979,016
Investing Activities
capital expenditure-3520000-76,930-1640
Change in Investments812,154941,747378,252125,919964,085369,5891,091,202789,209
cash flow from investments-812,506-941,747-378,252-125,919-964,085-446,519-1,091,366-789,209
Financing Activities
Bank loans00000000
Group/Directors Accounts-59,982107,526-3,547-5,04217,122-578,529305,255273,274
Other Short Term Loans 00000000
Long term loans9,136488,471260,87067,020855,983165,339984,855396,077
Hire Purchase and Lease Commitments0-38,27838,27800000
other long term liabilities-102,84049,820-392,098-3,951395,05154,01800
share issue416,291153,547158,57972,14178,769255,087-60,76460,864
interest-357,286-291,601-168,560-148,530-132,771-97,176-56,846-12,367
cash flow from financing-94,681469,485-106,478-18,3621,214,154-201,2611,172,500717,848
cash and cash equivalents
cash-142,10453,02270,395-6,159-20,982-278,951347,4537,654
overdraft00000000
change in cash-142,10453,02270,395-6,159-20,982-278,951347,4537,654

wse property services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wse Property Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wse property services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.

wse property services limited Ownership

WSE PROPERTY SERVICES LIMITED group structure

Wse Property Services Limited has 3 subsidiary companies.

Ultimate parent company

WSE PROPERTY SERVICES LIMITED

09985874

3 subsidiaries

WSE PROPERTY SERVICES LIMITED Shareholders

helen wright 38%
john wright 38%
evie wright 8%
sophie wright 8%
william wright 8%

wse property services limited directors

Wse Property Services Limited currently has 2 directors. The longest serving directors include Mr John Wright (Feb 2016) and Mrs Helen Wright (Feb 2016).

officercountryagestartendrole
Mr John Wright48 years Feb 2016- Director
Mrs Helen Wright49 years Feb 2016- Director

P&L

February 2024

turnover

153.8k

+22%

operating profit

320.9k

0%

gross margin

68%

-7.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

1.4m

+0.38%

total assets

5.7m

+0.07%

cash

30.3k

-0.82%

net assets

Total assets minus all liabilities

wse property services limited company details

company number

09985874

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

36 green ridge, brighton, BN1 5LL

Bank

-

Legal Advisor

-

wse property services 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 25 charges/mortgages relating to wse property services limited. Currently there are 19 open charges and 6 have been satisfied in the past.

wse property services limited 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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wse property services limited Companies House Filings - See Documents

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