wateredge (romford) ltd
wateredge (romford) ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
c/o 32 castlewood road, london, N16 6DW
Website
-wateredge (romford) ltd Estimated Valuation
Pomanda estimates the enterprise value of WATEREDGE (ROMFORD) LTD at £15m based on a Turnover of £6.3m and 2.36x industry multiple (adjusted for size and gross margin).
wateredge (romford) ltd Estimated Valuation
Pomanda estimates the enterprise value of WATEREDGE (ROMFORD) LTD at £0 based on an EBITDA of £-2.3k and a 5x industry multiple (adjusted for size and gross margin).
wateredge (romford) ltd Estimated Valuation
Pomanda estimates the enterprise value of WATEREDGE (ROMFORD) LTD at £0 based on Net Assets of £-122.4k and 1.6x industry multiple (adjusted for liquidity).
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Wateredge (romford) Ltd Overview
Wateredge (romford) Ltd is a live company located in london, N16 6DW with a Companies House number of 10888096. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2017, it's largest shareholder is jack frankel with a 100% stake. Wateredge (romford) Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.3m with declining growth in recent years.
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Wateredge (romford) Ltd Health Check
Pomanda's financial health check has awarded Wateredge (Romford) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £6.3m, make it larger than the average company (£851.1k)
- Wateredge (romford) Ltd
£851.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.5%)
- Wateredge (romford) Ltd
2.5% - Industry AVG
Production
with a gross margin of 26.7%, this company has a higher cost of product (69.2%)
- Wateredge (romford) Ltd
69.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (25.9%)
- Wateredge (romford) Ltd
25.9% - Industry AVG
Employees
with 10 employees, this is above the industry average (4)
- Wateredge (romford) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Wateredge (romford) Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £634.1k, this is more efficient (£188.6k)
- Wateredge (romford) Ltd
£188.6k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (25 days)
- Wateredge (romford) Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (31 days)
- Wateredge (romford) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wateredge (romford) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wateredge (romford) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (64.2%)
106.9% - Wateredge (romford) Ltd
64.2% - Industry AVG
WATEREDGE (ROMFORD) LTD financials
Wateredge (Romford) Ltd's latest turnover from July 2023 is estimated at £6.3 million and the company has net assets of -£122.4 thousand. According to their latest financial statements, we estimate that Wateredge (Romford) Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 27,929 | 22,534 | 20,000 | 20,000 | 1,695,517 | 1,311,147 |
| Intangible Assets | ||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 28,029 | 22,634 | 20,100 | 20,100 | 1,695,617 | 1,311,247 |
| Stock & work in progress | ||||||
| Trade Debtors | 1,756,795 | 1,770,843 | 1,686,789 | 1,853,533 | 346,256 | 79,668 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 1,756,795 | 1,770,843 | 1,686,789 | 1,853,533 | 346,256 | 79,668 |
| total assets | 1,784,824 | 1,793,477 | 1,706,889 | 1,873,633 | 2,041,873 | 1,390,915 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 545,000 | 545,000 | 480,060 | 648,812 | 919,878 | 778,164 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 545,000 | 545,000 | 480,060 | 648,812 | 919,878 | 778,164 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 480 | 540 | 420 | 1,200 | 700 | 850 |
| other liabilities | 1,361,708 | 1,368,018 | 1,343,720 | 1,343,720 | 1,293,720 | 680,000 |
| provisions | ||||||
| total long term liabilities | 1,362,188 | 1,368,558 | 1,344,140 | 1,344,920 | 1,294,420 | 680,850 |
| total liabilities | 1,907,188 | 1,913,558 | 1,824,200 | 1,993,732 | 2,214,298 | 1,459,014 |
| net assets | -122,364 | -120,081 | -117,311 | -120,099 | -172,425 | -68,099 |
| total shareholders funds | -122,364 | -120,081 | -117,311 | -120,099 | -172,425 | -68,099 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -14,048 | 84,054 | -166,744 | 1,507,277 | 266,588 | 79,668 |
| Creditors | 64,940 | -168,752 | -271,066 | 141,714 | 778,164 | |
| Accruals and Deferred Income | -60 | 120 | -780 | 500 | -150 | 850 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 100 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -6,310 | 24,298 | 50,000 | 613,720 | 680,000 | |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
wateredge (romford) ltd Credit Report and Business Information
Wateredge (romford) Ltd Competitor Analysis
Perform a competitor analysis for wateredge (romford) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in N16 area or any other competitors across 12 key performance metrics.
wateredge (romford) ltd Ownership
WATEREDGE (ROMFORD) LTD group structure
Wateredge (Romford) Ltd has no subsidiary companies.
Ultimate parent company
1 parent
WATEREDGE (ROMFORD) LTD
10888096
wateredge (romford) ltd directors
Wateredge (Romford) Ltd currently has 1 director, Mr Jacky Frankel serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jacky Frankel | United Kingdom | 55 years | Jul 2017 | - | Director |
P&L
July 2023turnover
6.3m
+5%
operating profit
-2.3k
0%
gross margin
26.7%
-1.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-122.4k
+0.02%
total assets
1.8m
0%
cash
0
0%
net assets
Total assets minus all liabilities
wateredge (romford) ltd company details
company number
10888096
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
c/o 32 castlewood road, london, N16 6DW
Bank
-
Legal Advisor
-
wateredge (romford) 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 found 5 charges/mortgages relating to wateredge (romford) ltd. Currently there are 5 open charges and 0 have been satisfied in the past.
wateredge (romford) 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.
Click to start generating capital raising & share issue transactions for WATEREDGE (ROMFORD) LTD. This can take several minutes, an email will notify you when this has completed.
wateredge (romford) ltd Companies House Filings - See Documents
| date | description | view/download |
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