world time 1892 ltd

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world time 1892 ltd Company Information

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Company Number

10432229

Website

-

Registered Address

suite 205, balfour house, 741 high road, london, N12 0BP

Industry

Retail sale of watches and jewellery in specialised stores

 

Telephone

-

Next Accounts Due

July 2025

Group Structure

View All

Directors

Francesco Rinaldi7 Years

Shareholders

francesco rinaldi 100%

world time 1892 ltd Estimated Valuation

£130.7k

Pomanda estimates the enterprise value of WORLD TIME 1892 LTD at £130.7k based on a Turnover of £361.1k and 0.36x industry multiple (adjusted for size and gross margin).

world time 1892 ltd Estimated Valuation

£82.5k

Pomanda estimates the enterprise value of WORLD TIME 1892 LTD at £82.5k based on an EBITDA of £28.3k and a 2.92x industry multiple (adjusted for size and gross margin).

world time 1892 ltd Estimated Valuation

£198.9k

Pomanda estimates the enterprise value of WORLD TIME 1892 LTD at £198.9k based on Net Assets of £67.8k and 2.93x industry multiple (adjusted for liquidity).

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World Time 1892 Ltd Overview

World Time 1892 Ltd is a live company located in london, N12 0BP with a Companies House number of 10432229. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in October 2016, it's largest shareholder is francesco rinaldi with a 100% stake. World Time 1892 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £361.1k with high growth in recent years.

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World Time 1892 Ltd Health Check

Pomanda's financial health check has awarded World Time 1892 Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £361.1k, make it smaller than the average company (£10.4m)

£361.1k - World Time 1892 Ltd

£10.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (12.1%)

20% - World Time 1892 Ltd

12.1% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a comparable cost of product (36%)

29.3% - World Time 1892 Ltd

36% - Industry AVG

profitability

Profitability

an operating margin of 7.8% make it as profitable than the average company (8%)

7.8% - World Time 1892 Ltd

8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (25)

1 - World Time 1892 Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - World Time 1892 Ltd

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £361.1k, this is more efficient (£205.1k)

£361.1k - World Time 1892 Ltd

£205.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 128 days, this is later than average (12 days)

128 days - World Time 1892 Ltd

12 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 83 days, this is slower than average (36 days)

83 days - World Time 1892 Ltd

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - World Time 1892 Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - World Time 1892 Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.5%, this is a similar level of debt than the average (47.3%)

46.5% - World Time 1892 Ltd

47.3% - Industry AVG

WORLD TIME 1892 LTD financials

EXPORTms excel logo

World Time 1892 Ltd's latest turnover from October 2023 is estimated at £361.1 thousand and the company has net assets of £67.8 thousand. According to their latest financial statements, World Time 1892 Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Turnover361,142223,598440,382206,553111,86581,476113,239
Other Income Or Grants0000000
Cost Of Sales255,394175,770358,691159,35881,61056,94581,107
Gross Profit105,74947,82781,69147,19530,25524,53032,132
Admin Expenses77,48031,53762,40019,41417,50631,92839,797
Operating Profit28,26916,29019,29127,78112,749-7,398-7,665
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit28,26916,29019,29127,78112,749-7,398-7,665
Tax-7,067-3,095-3,665-5,278-2,42200
Profit After Tax21,20213,19515,62622,50310,327-7,398-7,665
Dividends Paid0000000
Retained Profit21,20213,19515,62622,50310,327-7,398-7,665
Employee Costs32,52130,230282,82525,20624,82923,59921,160
Number Of Employees11111111
EBITDA*28,26916,29019,29127,78112,749-7,398-7,665

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Tangible Assets00004879731,459
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets00004879731,459
Stock & work in progress0000000
Trade Debtors126,773102,26586,99070,18733,27120,67227,401
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets126,773102,26586,99070,18733,27120,67227,401
total assets126,773102,26586,99070,18733,75821,64528,860
Bank overdraft0000000
Bank loan0000000
Trade Creditors 58,45855,67753,59752,04538,11936,55836,345
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities58,45855,67753,59752,04538,11936,55836,345
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income52500375375150180
other liabilities0000000
provisions0000000
total long term liabilities52500375375150180
total liabilities58,98355,67753,59752,42038,49436,70836,525
net assets67,79046,58833,39317,767-4,736-15,063-7,665
total shareholders funds67,79046,58833,39317,767-4,736-15,063-7,665
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017
Operating Activities
Operating Profit28,26916,29019,29127,78112,749-7,398-7,665
Depreciation0000000
Amortisation0000000
Tax-7,067-3,095-3,665-5,278-2,42200
Stock0000000
Debtors24,50815,27516,80336,91612,599-6,72927,401
Creditors2,7812,0801,55213,9261,56121336,345
Accruals and Deferred Income5250-3750225-30180
Deferred Taxes & Provisions0000000
Cash flow from operations000-487-486-4861,459
Investing Activities
capital expenditure000487486486-1,459
Change in Investments0000000
cash flow from investments000487486486-1,459
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

world time 1892 ltd 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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World Time 1892 Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for world time 1892 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 N12 area or any other competitors across 12 key performance metrics.

world time 1892 ltd Ownership

WORLD TIME 1892 LTD group structure

World Time 1892 Ltd has no subsidiary companies.

Ultimate parent company

WORLD TIME 1892 LTD

10432229

WORLD TIME 1892 LTD Shareholders

francesco rinaldi 100%

world time 1892 ltd directors

World Time 1892 Ltd currently has 1 director, Mr Francesco Rinaldi serving since Oct 2016.

officercountryagestartendrole
Mr Francesco RinaldiEngland32 years Oct 2016- Director

P&L

October 2023

turnover

361.1k

+62%

operating profit

28.3k

0%

gross margin

29.3%

+36.9%

turnover

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

Balance Sheet

October 2023

net assets

67.8k

+0.46%

total assets

126.8k

+0.24%

cash

0

0%

net assets

Total assets minus all liabilities

world time 1892 ltd company details

company number

10432229

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

October 2016

age

8

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

suite 205, balfour house, 741 high road, london, N12 0BP

accountant

-

auditor

-

world time 1892 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 world time 1892 ltd.

charges

world time 1892 ltd Companies House Filings - See Documents

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