wase limited Company Information
Company Number
10616124
Next Accounts
Dec 2025
Shareholders
thomas fudge
extantia climate flagship ii gmbh & co. kg
View AllGroup Structure
View All
Industry
Water collection, treatment and supply
+3Registered Address
bay lodge 36 harefield road, uxbridge, UB8 1PH
Website
www.wase-tech.comwase limited Estimated Valuation
Pomanda estimates the enterprise value of WASE LIMITED at £5m based on a Turnover of £3.3m and 1.53x industry multiple (adjusted for size and gross margin).
wase limited Estimated Valuation
Pomanda estimates the enterprise value of WASE LIMITED at £0 based on an EBITDA of £-1.2m and a 5.68x industry multiple (adjusted for size and gross margin).
wase limited Estimated Valuation
Pomanda estimates the enterprise value of WASE LIMITED at £13.2m based on Net Assets of £5.3m and 2.49x industry multiple (adjusted for liquidity).
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Wase Limited Overview
Wase Limited is a live company located in uxbridge, UB8 1PH with a Companies House number of 10616124. It operates in the water collection, treatment and supply sector, SIC Code 36000. Founded in February 2017, it's largest shareholder is thomas fudge with a 30.6% stake. Wase Limited is a young, small sized company, Pomanda has estimated its turnover at £3.3m with high growth in recent years.
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Wase Limited Health Check
Pomanda's financial health check has awarded Wase Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
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3 Strong
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2 Regular
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5 Weak
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Size
annual sales of £3.3m, make it smaller than the average company (£8.5m)
- Wase Limited
£8.5m - Industry AVG
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Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (11.9%)
- Wase Limited
11.9% - Industry AVG
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Production
with a gross margin of 48.1%, this company has a comparable cost of product (48.1%)
- Wase Limited
48.1% - Industry AVG
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Profitability
an operating margin of -39.3% make it less profitable than the average company (18.1%)
- Wase Limited
18.1% - Industry AVG
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Employees
with 13 employees, this is below the industry average (40)
13 - Wase Limited
40 - Industry AVG
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Pay Structure
on an average salary of £69.6k, the company has an equivalent pay structure (£69.6k)
- Wase Limited
£69.6k - Industry AVG
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Efficiency
resulting in sales per employee of £254.6k, this is less efficient (£455.7k)
- Wase Limited
£455.7k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wase Limited
- - Industry AVG
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Creditor Days
its suppliers are paid after 9 days, this is quicker than average (33 days)
- Wase Limited
33 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wase Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 1682 weeks, this is more cash available to meet short term requirements (18 weeks)
1682 weeks - Wase Limited
18 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (77.5%)
3.3% - Wase Limited
77.5% - Industry AVG
WASE LIMITED financials
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Wase Limited's latest turnover from March 2024 is estimated at £3.3 million and the company has net assets of £5.3 million. According to their latest financial statements, Wase Limited has 13 employees and maintains cash reserves of £5.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
---|---|---|---|---|---|---|---|
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 | 13 | 14 | 14 | 12 | 6 | 6 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 161,692 | 101,598 | 17,754 | 23,462 | 21,001 | 16,989 | 7,623 |
Intangible Assets | 23,298 | 21,307 | 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 | 184,990 | 122,905 | 17,754 | 23,462 | 21,001 | 16,989 | 7,623 |
Stock & work in progress | 0 | 0 | 28,628 | 7,600 | 4,300 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 34,669 | 441 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 207,750 | 91,774 | 26,226 | 33,444 | 10,762 | 0 | 0 |
Cash | 5,101,979 | 151,272 | 220,172 | 106,172 | 103,136 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 1,644 | 0 |
total current assets | 5,309,729 | 243,046 | 275,026 | 147,216 | 118,198 | 36,313 | 441 |
total assets | 5,494,719 | 365,951 | 292,780 | 170,678 | 139,199 | 53,302 | 8,064 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 3,695 | 3,190 | 2,262 | 2,500 | 0 | 0 | 0 |
Trade Creditors | 43,972 | 0 | 0 | 1,500 | 0 | 30,594 | 14,617 |
Group/Directors Accounts | 19,683 | 19,683 | 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 | 90,314 | 27,964 | 29,600 | 33,310 | 25,144 | 0 | 0 |
total current liabilities | 157,664 | 50,837 | 31,862 | 37,310 | 25,144 | 30,594 | 14,617 |
loans | 17,171 | 20,809 | 23,004 | 22,500 | 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 | 7,776 | 7,776 | 4,439 | 4,458 | 3,990 | 0 | 0 |
total long term liabilities | 24,947 | 28,585 | 27,443 | 26,958 | 3,990 | 0 | 0 |
total liabilities | 182,611 | 79,422 | 59,305 | 64,268 | 29,134 | 30,594 | 14,617 |
net assets | 5,312,108 | 286,529 | 233,475 | 106,410 | 110,065 | 22,708 | -6,553 |
total shareholders funds | 5,312,108 | 286,529 | 233,475 | 106,410 | 110,065 | 22,708 | -6,553 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | Feb 2018 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 53,197 | 10,367 | 5,917 | 7,821 | |||
Amortisation | 2,852 | 2,367 | 0 | 0 | 0 | ||
Tax | |||||||
Stock | 0 | -28,628 | 21,028 | 3,300 | 4,300 | 0 | 0 |
Debtors | 115,976 | 65,548 | -7,218 | 22,682 | -23,907 | 34,228 | 441 |
Creditors | 43,972 | 0 | -1,500 | 1,500 | -30,594 | 15,977 | 14,617 |
Accruals and Deferred Income | 62,350 | -1,636 | -3,710 | 8,166 | 25,144 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 3,337 | -19 | 468 | 3,990 | 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 | 505 | 928 | -238 | 2,500 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 19,683 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -3,638 | -2,195 | 504 | 22,500 | 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 | 4,950,707 | -68,900 | 114,000 | 3,036 | 103,136 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 4,950,707 | -68,900 | 114,000 | 3,036 | 103,136 | 0 | 0 |
wase limited Credit Report and Business Information
Wase Limited Competitor Analysis
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Perform a competitor analysis for wase limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in UB8 area or any other competitors across 12 key performance metrics.
wase limited Ownership
WASE LIMITED group structure
Wase Limited has no subsidiary companies.
Ultimate parent company
WASE LIMITED
10616124
wase limited directors
Wase Limited currently has 4 directors. The longest serving directors include Mr Thomas Fudge (Feb 2017) and Mr Carlos Chalbaud Testamarck (Feb 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Thomas Fudge | England | 35 years | Feb 2017 | - | Director |
Mr Carlos Chalbaud Testamarck | France | 45 years | Feb 2024 | - | Director |
Mr James Astor | England | 59 years | Feb 2024 | - | Director |
Mr Llr Anwyl | England | 37 years | Feb 2024 | - | Director |
P&L
March 2024turnover
3.3m
-56%
operating profit
-1.3m
0%
gross margin
48.1%
+3.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.3m
+17.54%
total assets
5.5m
+14.01%
cash
5.1m
+32.73%
net assets
Total assets minus all liabilities
wase limited company details
company number
10616124
Type
Private limited with Share Capital
industry
36000 - Water collection, treatment and supply
35210 - Manufacture of gas
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
CORRIGAN ACCOUNTANTS LIMITED
auditor
-
address
bay lodge 36 harefield road, uxbridge, UB8 1PH
Bank
-
Legal Advisor
-
wase 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 2 charges/mortgages relating to wase limited. Currently there are 1 open charges and 1 have been satisfied in the past.
wase 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.
Click to start generating capital raising & share issue transactions for WASE LIMITED. This can take several minutes, an email will notify you when this has completed.
wase limited Companies House Filings - See Documents
date | description | view/download |
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