washington avenue limited

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washington avenue limited Company Information

Share WASHINGTON AVENUE LIMITED

Company Number

10492279

Shareholders

saurav avra chaudhuri

anjali singh

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.

 

Registered Address

station house north street, havant, hampshire, PO9 1QU

Website

-

washington avenue limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of WASHINGTON AVENUE LIMITED at £1.2m based on a Turnover of £355.9k and 3.32x industry multiple (adjusted for size and gross margin).

washington avenue limited Estimated Valuation

£297.3k

Pomanda estimates the enterprise value of WASHINGTON AVENUE LIMITED at £297.3k based on an EBITDA of £44.7k and a 6.66x industry multiple (adjusted for size and gross margin).

washington avenue limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WASHINGTON AVENUE LIMITED at £0 based on Net Assets of £-47.2k and 1.76x industry multiple (adjusted for liquidity).

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Washington Avenue Limited Overview

Washington Avenue Limited is a live company located in hampshire, PO9 1QU with a Companies House number of 10492279. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2016, it's largest shareholder is saurav avra chaudhuri with a 50% stake. Washington Avenue Limited is a young, micro sized company, Pomanda has estimated its turnover at £355.9k with unknown growth in recent years.

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Washington Avenue Limited Health Check

Pomanda's financial health check has awarded Washington Avenue Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £355.9k, make it smaller than the average company (£922.9k)

£355.9k - Washington Avenue Limited

£922.9k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Washington Avenue Limited

- - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Washington Avenue Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of 12.6% make it less profitable than the average company (29.3%)

12.6% - Washington Avenue Limited

29.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Washington Avenue Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Washington Avenue Limited

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £177.9k, this is equally as efficient (£177.9k)

£177.9k - Washington Avenue Limited

£177.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Washington Avenue Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Washington Avenue Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Washington Avenue Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Washington Avenue Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 113.5%, this is a higher level of debt than the average (63.9%)

113.5% - Washington Avenue Limited

63.9% - Industry AVG

WASHINGTON AVENUE LIMITED financials

EXPORTms excel logo

Washington Avenue Limited's latest turnover from March 2024 is estimated at £355.9 thousand and the company has net assets of -£47.2 thousand. According to their latest financial statements, Washington Avenue Limited has 2 employees and maintains cash reserves of £191 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Nov 2020Nov 2019Nov 2018Nov 2017
Turnover355,880339,087290,060284,398000
Other Income Or Grants0000000
Cost Of Sales87,23185,41472,51579,535000
Gross Profit268,649253,673217,545204,863000
Admin Expenses223,998211,428300,622178,718-17,00228,06958,450
Operating Profit44,65142,245-83,07726,14517,002-28,069-58,450
Interest Payable32,49229,4709,70317,33619,18416,3396,497
Interest Receivable381622561388553
Pre-Tax Profit12,54013,398-92,7248,821-2,093-44,353-64,945
Tax-3,135-2,5460-1,676000
Profit After Tax9,40510,852-92,7247,145-2,093-44,353-64,945
Dividends Paid0000000
Retained Profit9,40510,852-92,7247,145-2,093-44,353-64,945
Employee Costs64,89760,75159,08954,829000
Number Of Employees2222000
EBITDA*44,65142,245-83,07726,75722,234-22,838-53,830

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Nov 2020Nov 2019Nov 2018Nov 2017
Tangible Assets00006125,8449,239
Intangible Assets0000000
Investments & Other350,000350,000350,000350,000350,000350,000313,780
Debtors (Due After 1 year)0000000
Total Fixed Assets350,000350,000350,000350,000350,612355,844323,019
Stock & work in progress0000000
Trade Debtors0000000
Group Debtors0000000
Misc Debtors0000000
Cash19114,33314,93515,1349,88613,6221,018
misc current assets0000000
total current assets19114,33314,93515,1349,88613,6221,018
total assets350,191364,333364,935365,134360,498369,466324,037
Bank overdraft000000199,920
Bank loan0000000
Trade Creditors 0000000
Group/Directors Accounts07,32515,32515,32516,32518,22021,600
other short term finances0000000
hp & lease commitments0000000
other current liabilities98,893117,727121,181136,212137,721142,701167,362
total current liabilities98,893125,052136,506151,537154,046160,921388,882
loans290,122287,510287,510284,200284,200284,2000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions8,3868,3866,3736,3736,3736,3730
total long term liabilities298,508295,896293,883290,573290,573290,5730
total liabilities397,401420,948430,389442,110444,619451,494388,882
net assets-47,210-56,615-65,454-76,976-84,121-82,028-64,845
total shareholders funds-47,210-56,615-65,454-76,976-84,121-82,028-64,845
Mar 2024Mar 2023Mar 2022Nov 2020Nov 2019Nov 2018Nov 2017
Operating Activities
Operating Profit44,65142,245-83,07726,14517,002-28,069-58,450
Depreciation0006125,2325,2314,620
Amortisation0000000
Tax-3,135-2,5460-1,676000
Stock0000000
Debtors0000000
Creditors0000000
Accruals and Deferred Income-18,834-3,454121,181-1,509-4,980-24,661167,362
Deferred Taxes & Provisions02,0136,373006,3730
Cash flow from operations22,68238,25844,47723,57217,254-41,126113,532
Investing Activities
capital expenditure00000-1,836-13,859
Change in Investments00350,0000036,220313,780
cash flow from investments00-350,00000-38,056-327,639
Financing Activities
Bank loans0000000
Group/Directors Accounts-7,325-8,00015,325-1,000-1,895-3,38021,600
Other Short Term Loans 0000000
Long term loans2,6120287,51000284,2000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0-2,01327,2700027,170100
interest-32,111-28,848-9,647-17,323-19,096-16,284-6,494
cash flow from financing-36,824-38,861320,458-18,323-20,991291,70615,206
cash and cash equivalents
cash-14,142-60214,9355,248-3,73612,6041,018
overdraft00000-199,920199,920
change in cash-14,142-60214,9355,248-3,736212,524-198,902

washington avenue 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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Washington Avenue Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for washington avenue limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PO9 area or any other competitors across 12 key performance metrics.

washington avenue limited Ownership

WASHINGTON AVENUE LIMITED group structure

Washington Avenue Limited has no subsidiary companies.

Ultimate parent company

WASHINGTON AVENUE LIMITED

10492279

WASHINGTON AVENUE LIMITED Shareholders

saurav avra chaudhuri 50%
anjali singh 50%

washington avenue limited directors

Washington Avenue Limited currently has 2 directors. The longest serving directors include Mrs Anjali Singh (Nov 2016) and Mr Saurav Chaudhuri (Nov 2016).

officercountryagestartendrole
Mrs Anjali SinghUnited Kingdom49 years Nov 2016- Director
Mr Saurav ChaudhuriEngland52 years Nov 2016- Director

P&L

March 2024

turnover

355.9k

+5%

operating profit

44.7k

0%

gross margin

75.5%

+0.91%

turnover

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

Balance Sheet

March 2024

net assets

-47.2k

-0.17%

total assets

350.2k

-0.04%

cash

191

-0.99%

net assets

Total assets minus all liabilities

washington avenue limited company details

company number

10492279

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.

incorporation date

November 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

MORRIS CROCKER

auditor

-

address

station house north street, havant, hampshire, PO9 1QU

Bank

-

Legal Advisor

-

washington avenue 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 did not find charges/mortgages relating to washington avenue limited.

washington avenue 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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washington avenue limited Companies House Filings - See Documents

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