ware developments limited
ware developments limited Company Information
Company Number
10051844
Website
www.wareconstruction.co.ukRegistered Address
haynes down farm skilgate, taunton, TA4 2DG
Industry
Development of building projects
Telephone
441398332010
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
chris ware 50%
jane ware 50%
ware developments limited Estimated Valuation
The estimated valuation range for ware developments limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £1.3m to £2.1m
ware developments limited Estimated Valuation
The estimated valuation range for ware developments limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £1.3m to £2.1m
ware developments limited Estimated Valuation
The estimated valuation range for ware developments limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £1.3m to £2.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Ware Developments Limited AI Business Plan
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Ware Developments Limited Overview
Ware Developments Limited is a live company located in taunton, TA4 2DG with a Companies House number of 10051844. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2016, it's largest shareholder is chris ware with a 50% stake. Ware Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.
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Ware Developments Limited Health Check
Pomanda's financial health check has awarded Ware Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £2.7m, make it larger than the average company (£2.2m)
- Ware Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (2%)
- Ware Developments Limited
2% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)
- Ware Developments Limited
25.6% - Industry AVG
Profitability
an operating margin of 20.6% make it more profitable than the average company (8.7%)
- Ware Developments Limited
8.7% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
- Ware Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Ware Developments Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £270.1k, this is equally as efficient (£277.4k)
- Ware Developments Limited
£277.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ware Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ware Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 350 days, this is more than average (194 days)
- Ware Developments Limited
194 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Ware Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a lower level of debt than the average (74.7%)
50.3% - Ware Developments Limited
74.7% - Industry AVG
ware developments limited Credit Report and Business Information
Ware Developments Limited Competitor Analysis
Perform a competitor analysis for ware developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ware developments limited Ownership
WARE DEVELOPMENTS LIMITED group structure
Ware Developments Limited has no subsidiary companies.
Ultimate parent company
WARE DEVELOPMENTS LIMITED
10051844
ware developments limited directors
Ware Developments Limited currently has 2 directors. The longest serving directors include Mr Christopher Ware (Mar 2016) and Ms Jane Ware (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Ware | England | 38 years | Mar 2016 | - | Director |
| Ms Jane Ware | United Kingdom | 39 years | Mar 2016 | - | Director |
WARE DEVELOPMENTS LIMITED financials
Ware Developments Limited's latest turnover from March 2023 is estimated at £2.7 million and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Ware Developments Limited has 10 employees and maintains cash reserves of £206.9 thousand 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 | |||||||
| 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 | |||||||
| EBITDA* |
* 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 | 1,931,422 | 2,500,366 | 1,522,939 | 468,664 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 471,639 | 265,980 | 94 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 40,063 | 3,333 | 3,294 | 1,000 | 0 | 0 | 0 |
| Cash | 206,906 | 31,270 | 612,358 | 4,962 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,178,391 | 2,534,969 | 2,138,591 | 474,626 | 471,639 | 265,980 | 94 |
| total assets | 2,178,391 | 2,534,969 | 2,138,591 | 474,626 | 471,639 | 265,980 | 94 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 85,045 | 0 | 432,109 | 221,974 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 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 | 1,095,160 | 1,906,710 | 1,617,012 | 432,509 | 0 | 0 | 0 |
| total current liabilities | 1,095,160 | 1,906,710 | 1,702,057 | 432,509 | 432,109 | 221,974 | 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 | 1,095,160 | 1,906,710 | 1,702,057 | 432,509 | 432,109 | 221,974 | 0 |
| net assets | 1,083,231 | 628,259 | 436,534 | 42,117 | 39,530 | 44,006 | 94 |
| total shareholders funds | 1,083,231 | 628,259 | 436,534 | 42,117 | 39,530 | 44,006 | 94 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -568,944 | 977,427 | 1,054,275 | 468,664 | 0 | 0 | 0 |
| Debtors | 36,730 | 39 | 2,294 | -470,639 | 205,659 | 265,886 | 94 |
| Creditors | 0 | -85,045 | 85,045 | -432,109 | 210,135 | 221,974 | 0 |
| Accruals and Deferred Income | -811,550 | 289,698 | 1,184,503 | 432,509 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 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 | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 175,636 | -581,088 | 607,396 | 4,962 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 175,636 | -581,088 | 607,396 | 4,962 | 0 | 0 | 0 |
P&L
March 2023turnover
2.7m
-21%
operating profit
556.6k
0%
gross margin
25.6%
+7.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.72%
total assets
2.2m
-0.14%
cash
206.9k
+5.62%
net assets
Total assets minus all liabilities
ware developments limited company details
company number
10051844
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
haynes down farm skilgate, taunton, TA4 2DG
last accounts submitted
March 2023
ware developments 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 5 charges/mortgages relating to ware developments limited. Currently there are 5 open charges and 0 have been satisfied in the past.
ware developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
