wigan steam c.i.c.

wigan steam c.i.c. Company Information

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Company Number

10030377

Industry

Operation of arts facilities

 

Directors

Emily Calland

Hannah Gaunt

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Shareholders

-

Group Structure

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Contact

Registered Address

gerrard winstanley house, crawford street, wigan, WN1 1NA

wigan steam c.i.c. Estimated Valuation

£74k

Pomanda estimates the enterprise value of WIGAN STEAM C.I.C. at £74k based on a Turnover of £207.2k and 0.36x industry multiple (adjusted for size and gross margin).

wigan steam c.i.c. Estimated Valuation

£17.1k

Pomanda estimates the enterprise value of WIGAN STEAM C.I.C. at £17.1k based on an EBITDA of £7.5k and a 2.29x industry multiple (adjusted for size and gross margin).

wigan steam c.i.c. Estimated Valuation

£169.4k

Pomanda estimates the enterprise value of WIGAN STEAM C.I.C. at £169.4k based on Net Assets of £42.9k and 3.95x industry multiple (adjusted for liquidity).

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Wigan Steam C.i.c. Overview

Wigan Steam C.i.c. is a live company located in wigan, WN1 1NA with a Companies House number of 10030377. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in February 2016, it's largest shareholder is unknown. Wigan Steam C.i.c. is a young, micro sized company, Pomanda has estimated its turnover at £207.2k with healthy growth in recent years.

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Wigan Steam C.i.c. Health Check

Pomanda's financial health check has awarded Wigan Steam C.I.C. a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £207.2k, make it smaller than the average company (£437.8k)

£207.2k - Wigan Steam C.i.c.

£437.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.9%)

14% - Wigan Steam C.i.c.

4.9% - Industry AVG

production

Production

with a gross margin of 59%, this company has a comparable cost of product (59%)

59% - Wigan Steam C.i.c.

59% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it more profitable than the average company (1.1%)

3.4% - Wigan Steam C.i.c.

1.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (12)

4 - Wigan Steam C.i.c.

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.2k, the company has an equivalent pay structure (£20.2k)

£20.2k - Wigan Steam C.i.c.

£20.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51.8k, this is equally as efficient (£51.8k)

£51.8k - Wigan Steam C.i.c.

£51.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Wigan Steam C.i.c.

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Wigan Steam C.i.c.

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wigan Steam C.i.c.

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 581 weeks, this is more cash available to meet short term requirements (104 weeks)

581 weeks - Wigan Steam C.i.c.

104 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (21%)

9.5% - Wigan Steam C.i.c.

21% - Industry AVG

WIGAN STEAM C.I.C. financials

EXPORTms excel logo

Wigan Steam C.I.C.'s latest turnover from March 2024 is estimated at £207.2 thousand and the company has net assets of £42.9 thousand. According to their latest financial statements, Wigan Steam C.I.C. has 4 employees and maintains cash reserves of £45.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover207,220201,685235,467141,110195,014169,829151,54152,158
Other Income Or Grants00000000
Cost Of Sales84,96171,30583,15852,40170,07463,70657,97421,781
Gross Profit122,258130,381152,30988,710124,940106,12393,56830,377
Admin Expenses115,187118,504158,50685,178121,06897,27774,83629,286
Operating Profit7,07111,877-6,1973,5323,8728,84618,7321,091
Interest Payable00000000
Interest Receivable2,4772,466555665232616744
Pre-Tax Profit9,54814,343-5,6423,5983,9259,17218,8991,135
Tax-2,387-2,7250-684-746-1,743-3,591-227
Profit After Tax7,16111,618-5,6422,9143,1797,42915,308908
Dividends Paid00000000
Retained Profit7,16111,618-5,6422,9143,1797,42915,308908
Employee Costs80,86679,24096,95555,68172,70071,99954,46718,584
Number Of Employees44534431
EBITDA*7,49412,281-5,6935,1625,66010,83119,7322,091

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets1,8641,6132,0172,5214,1515,9393,0004,000
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets1,8641,6132,0172,5214,1515,9393,0004,000
Stock & work in progress00000000
Trade Debtors00000000
Group Debtors00000000
Misc Debtors2560000000
Cash45,27049,09366,94881,12549,86654,82732,00234,841
misc current assets00000000
total current assets45,52649,09366,94881,12549,86654,82732,00234,841
total assets47,39050,70668,96583,64654,01760,76635,00238,841
Bank overdraft00000000
Bank loan00000000
Trade Creditors 00000100
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities4,04914,99244,86953,90827,19337,12018,78637,933
total current liabilities4,04914,99244,86953,90827,19337,12118,78637,933
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions4660000000
total long term liabilities4660000000
total liabilities4,51514,99244,86953,90827,19337,12118,78637,933
net assets42,87535,71424,09629,73826,82423,64516,216908
total shareholders funds42,87535,71424,09629,73826,82423,64516,216908
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit7,07111,877-6,1973,5323,8728,84618,7321,091
Depreciation4234045041,6301,7881,9851,0001,000
Amortisation00000000
Tax-2,387-2,7250-684-746-1,743-3,591-227
Stock00000000
Debtors2560000000
Creditors0000-1100
Accruals and Deferred Income-10,943-29,877-9,03926,715-9,92718,334-19,14737,933
Deferred Taxes & Provisions4660000000
Cash flow from operations-5,626-20,321-14,73231,193-5,01427,423-3,00639,797
Investing Activities
capital expenditure-6740000-4,9240-5,000
Change in Investments00000000
cash flow from investments-6740000-4,9240-5,000
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000000
interest2,4772,466555665232616744
cash flow from financing2,4772,466555665232616744
cash and cash equivalents
cash-3,823-17,855-14,17731,259-4,96122,825-2,83934,841
overdraft00000000
change in cash-3,823-17,855-14,17731,259-4,96122,825-2,83934,841

wigan steam c.i.c. 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 wigan steam c.i.c.. Get real-time insights into wigan steam c.i.c.'s credit score, group structure and payment trends.

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Wigan Steam C.i.c. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wigan steam c.i.c. by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in WN1 area or any other competitors across 12 key performance metrics.

wigan steam c.i.c. Ownership

WIGAN STEAM C.I.C. group structure

Wigan Steam C.I.C. has no subsidiary companies.

Ultimate parent company

WIGAN STEAM C.I.C.

10030377

WIGAN STEAM C.I.C. Shareholders

--

wigan steam c.i.c. directors

Wigan Steam C.I.C. currently has 4 directors. The longest serving directors include Ms Emily Calland (May 2022) and Ms Hannah Gaunt (Mar 2024).

officercountryagestartendrole
Ms Emily CallandEngland33 years May 2022- Director
Ms Hannah GauntEngland37 years Mar 2024- Director
Mr Paul SmithEngland58 years Mar 2024- Director
Ms Alison Breadon50 years Apr 2024- Director

P&L

March 2024

turnover

207.2k

+3%

operating profit

7.1k

0%

gross margin

59%

-8.73%

turnover

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

Balance Sheet

March 2024

net assets

42.9k

+0.2%

total assets

47.4k

-0.07%

cash

45.3k

-0.08%

net assets

Total assets minus all liabilities

wigan steam c.i.c. company details

company number

10030377

Type

Private Ltd By Guarantee w/o Share Cap

industry

90040 - Operation of arts facilities

incorporation date

February 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

N R B

auditor

-

address

gerrard winstanley house, crawford street, wigan, WN1 1NA

Bank

-

Legal Advisor

-

wigan steam c.i.c. 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 wigan steam c.i.c..

charges

wigan steam c.i.c. Companies House Filings - See Documents

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