wac korp ltd
wac korp ltd Company Information
Company Number
10833574
Next Accounts
Mar 2026
Shareholders
william crossland
susannah crossland
Group Structure
View All
Industry
Business and domestic software development
Registered Address
w8a knoll business centre 325-32, w8a knoll business centre, hove, BN3 7GS
Website
-wac korp ltd Estimated Valuation
Pomanda estimates the enterprise value of WAC KORP LTD at £115.7k based on a Turnover of £169.8k and 0.68x industry multiple (adjusted for size and gross margin).
wac korp ltd Estimated Valuation
Pomanda estimates the enterprise value of WAC KORP LTD at £25.4k based on an EBITDA of £6k and a 4.21x industry multiple (adjusted for size and gross margin).
wac korp ltd Estimated Valuation
Pomanda estimates the enterprise value of WAC KORP LTD at £60.5k based on Net Assets of £25.5k and 2.37x industry multiple (adjusted for liquidity).
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Wac Korp Ltd Overview
Wac Korp Ltd is a live company located in hove, BN3 7GS with a Companies House number of 10833574. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2017, it's largest shareholder is william crossland with a 67% stake. Wac Korp Ltd is a young, micro sized company, Pomanda has estimated its turnover at £169.8k with declining growth in recent years.
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Wac Korp Ltd Health Check
Pomanda's financial health check has awarded Wac Korp Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £169.8k, make it smaller than the average company (£4.2m)
- Wac Korp Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (11.5%)
- Wac Korp Ltd
11.5% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (72.9%)
- Wac Korp Ltd
72.9% - Industry AVG
Profitability
an operating margin of 3.6% make it as profitable than the average company (3.9%)
- Wac Korp Ltd
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (36)
2 - Wac Korp Ltd
36 - Industry AVG
Pay Structure
on an average salary of £69.5k, the company has an equivalent pay structure (£69.5k)
- Wac Korp Ltd
£69.5k - Industry AVG
Efficiency
resulting in sales per employee of £84.9k, this is less efficient (£124.9k)
- Wac Korp Ltd
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (57 days)
- Wac Korp Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (40 days)
- Wac Korp Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wac Korp Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wac Korp Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.7%, this is a similar level of debt than the average (58.5%)
55.7% - Wac Korp Ltd
58.5% - Industry AVG
WAC KORP LTD financials
Wac Korp Ltd's latest turnover from June 2024 is estimated at £169.8 thousand and the company has net assets of £25.5 thousand. According to their latest financial statements, Wac Korp Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,216 | 1,507 | 2,090 | 31 | 403 | 775 | 1,147 |
| 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 | 1,216 | 1,507 | 2,090 | 31 | 403 | 775 | 1,147 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 56,455 | 40,065 | 70,467 | 83,849 | 60,605 | 54,099 | 33,148 |
| 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 | 56,455 | 40,065 | 70,467 | 83,849 | 60,605 | 54,099 | 33,148 |
| total assets | 57,671 | 41,572 | 72,557 | 83,880 | 61,008 | 54,874 | 34,295 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 32,124 | 20,545 | 15,500 | 21,220 | 18,730 | 20,531 | 18,166 |
| 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 | 32,124 | 20,545 | 15,500 | 21,220 | 18,730 | 20,531 | 18,166 |
| 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 | 32,124 | 20,545 | 15,500 | 21,220 | 18,730 | 20,531 | 18,166 |
| net assets | 25,547 | 21,027 | 57,057 | 62,660 | 42,278 | 34,343 | 16,129 |
| total shareholders funds | 25,547 | 21,027 | 57,057 | 62,660 | 42,278 | 34,343 | 16,129 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 16,390 | -30,402 | -13,382 | 23,244 | 6,506 | 20,951 | 33,148 |
| Creditors | 11,579 | 5,045 | -5,720 | 2,490 | -1,801 | 2,365 | 18,166 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
wac korp ltd Credit Report and Business Information
Wac Korp Ltd Competitor Analysis
Perform a competitor analysis for wac korp ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
wac korp ltd Ownership
WAC KORP LTD group structure
Wac Korp Ltd has no subsidiary companies.
Ultimate parent company
WAC KORP LTD
10833574
wac korp ltd directors
Wac Korp Ltd currently has 2 directors. The longest serving directors include Mr William Crossland (Jun 2017) and Mrs Susannah Crossland (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Crossland | United Kingdom | 41 years | Jun 2017 | - | Director |
| Mrs Susannah Crossland | England | 40 years | Oct 2017 | - | Director |
P&L
June 2024turnover
169.8k
+34%
operating profit
6k
0%
gross margin
42.4%
+0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
25.5k
+0.21%
total assets
57.7k
+0.39%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
wac korp ltd company details
company number
10833574
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
w8a knoll business centre 325-32, w8a knoll business centre, hove, BN3 7GS
Bank
-
Legal Advisor
-
wac korp 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 wac korp ltd.
wac korp ltd 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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wac korp ltd Companies House Filings - See Documents
| date | description | view/download |
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