wk weds ltd
wk weds ltd Company Information
Company Number
10197324
Website
-Registered Address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Industry
Wholesale of watches and jewellery
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Jerry Anderson2 Years
Shareholders
jerry anderson 100%
wk weds ltd Estimated Valuation
Pomanda estimates the enterprise value of WK WEDS LTD at £4.8k based on a Turnover of £20.5k and 0.23x industry multiple (adjusted for size and gross margin).
wk weds ltd Estimated Valuation
Pomanda estimates the enterprise value of WK WEDS LTD at £43.8k based on an EBITDA of £20.5k and a 2.13x industry multiple (adjusted for size and gross margin).
wk weds ltd Estimated Valuation
Pomanda estimates the enterprise value of WK WEDS LTD at £6.9k based on Net Assets of £4.2k and 1.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wk Weds Ltd Overview
Wk Weds Ltd is a live company located in coventry, CV5 6UB with a Companies House number of 10197324. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in May 2016, it's largest shareholder is jerry anderson with a 100% stake. Wk Weds Ltd is a young, micro sized company, Pomanda has estimated its turnover at £20.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wk Weds Ltd Health Check
Pomanda's financial health check has awarded Wk Weds Ltd 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £20.5k, make it smaller than the average company (£11.3m)
- Wk Weds Ltd
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (4.9%)
- Wk Weds Ltd
4.9% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (33.4%)
- Wk Weds Ltd
33.4% - Industry AVG
Profitability
an operating margin of 100.2% make it more profitable than the average company (3.9%)
- Wk Weds Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Wk Weds Ltd
34 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Wk Weds Ltd
£44k - Industry AVG
Efficiency
resulting in sales per employee of £20.5k, this is less efficient (£431.1k)
- Wk Weds Ltd
£431.1k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (30 days)
- Wk Weds Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (28 days)
- Wk Weds Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wk Weds Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wk Weds Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.1%, this is a lower level of debt than the average (58%)
26.1% - Wk Weds Ltd
58% - Industry AVG
WK WEDS LTD financials
Wk Weds Ltd's latest turnover from May 2023 is estimated at £20.5 thousand and the company has net assets of £4.2 thousand. According to their latest financial statements, we estimate that Wk Weds Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | 5,735 | 34,274 | 35,292 | 35,192 | 41,495 | 38,931 | 82,021 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,735 | 34,274 | 35,292 | 35,192 | 41,495 | 38,931 | 82,021 |
| total assets | 5,735 | 34,274 | 35,292 | 35,192 | 41,495 | 38,931 | 82,021 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,494 | 1,677 | 1,690 | 1,977 | 1,826 | 2,040 | 85,428 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,494 | 1,677 | 1,690 | 1,977 | 1,826 | 2,040 | 85,428 |
| 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 | 43,740 | 43,805 | 42,665 | 47,967 | 43,037 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 43,740 | 43,805 | 42,665 | 47,967 | 43,037 | 0 |
| total liabilities | 1,494 | 45,417 | 45,495 | 44,642 | 49,793 | 45,077 | 85,428 |
| net assets | 4,241 | -11,143 | -10,203 | -9,450 | -8,298 | -6,146 | -3,407 |
| total shareholders funds | 4,241 | -11,143 | -10,203 | -9,450 | -8,298 | -6,146 | -3,407 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,539 | -1,018 | 100 | -6,303 | 2,564 | -43,090 | 82,021 |
| Creditors | -183 | -13 | -287 | 151 | -214 | -83,388 | 85,428 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 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 | -43,740 | -65 | 1,140 | -5,302 | 4,930 | 43,037 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| 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 |
wk weds ltd Credit Report and Business Information
Wk Weds Ltd Competitor Analysis
Perform a competitor analysis for wk weds 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 CV5 area or any other competitors across 12 key performance metrics.
wk weds ltd Ownership
WK WEDS LTD group structure
Wk Weds Ltd has no subsidiary companies.
Ultimate parent company
WK WEDS LTD
10197324
wk weds ltd directors
Wk Weds Ltd currently has 1 director, Mr Jerry Anderson serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jerry Anderson | United Kingdom | 42 years | Mar 2022 | - | Director |
P&L
May 2023turnover
20.5k
-76%
operating profit
20.5k
0%
gross margin
17.7%
-18.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.2k
-1.38%
total assets
5.7k
-0.83%
cash
0
0%
net assets
Total assets minus all liabilities
wk weds ltd company details
company number
10197324
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
May 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Bank
-
Legal Advisor
-
wk weds 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 did not find charges/mortgages relating to wk weds ltd.
wk weds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
