work lyf group limited
work lyf group limited Company Information
Company Number
10936117
Website
www.worklyf.co.ukRegistered Address
office 3a cauldon locks, shelton new road, stoke-on-trent, ST4 7AB
Industry
Temporary employment agency activities
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
441782906908
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
work lyf holdings limited 97.5%
lucy emery 2.5%
work lyf group limited Estimated Valuation
Pomanda estimates the enterprise value of WORK LYF GROUP LIMITED at £434.8k based on a Turnover of £2.5m and 0.17x industry multiple (adjusted for size and gross margin).
work lyf group limited Estimated Valuation
Pomanda estimates the enterprise value of WORK LYF GROUP LIMITED at £116.2k based on an EBITDA of £37.5k and a 3.1x industry multiple (adjusted for size and gross margin).
work lyf group limited Estimated Valuation
Pomanda estimates the enterprise value of WORK LYF GROUP LIMITED at £99.6k based on Net Assets of £58k and 1.72x industry multiple (adjusted for liquidity).
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Work Lyf Group Limited Overview
Work Lyf Group Limited is a live company located in stoke-on-trent, ST4 7AB with a Companies House number of 10936117. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in August 2017, it's largest shareholder is work lyf holdings limited with a 97.5% stake. Work Lyf Group Limited is a young, small sized company, Pomanda has estimated its turnover at £2.5m with high growth in recent years.
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Work Lyf Group Limited Health Check
Pomanda's financial health check has awarded Work Lyf Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£11.1m)
- Work Lyf Group Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (5%)
- Work Lyf Group Limited
5% - Industry AVG
Production
with a gross margin of 21.3%, this company has a comparable cost of product (21.3%)
- Work Lyf Group Limited
21.3% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (3.5%)
- Work Lyf Group Limited
3.5% - Industry AVG
Employees
with 12 employees, this is below the industry average (43)
12 - Work Lyf Group Limited
43 - Industry AVG
Pay Structure
on an average salary of £50.3k, the company has an equivalent pay structure (£50.3k)
- Work Lyf Group Limited
£50.3k - Industry AVG
Efficiency
resulting in sales per employee of £209k, this is equally as efficient (£224.2k)
- Work Lyf Group Limited
£224.2k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (45 days)
- Work Lyf Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (6 days)
- Work Lyf Group Limited
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Work Lyf Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Work Lyf Group Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (69.9%)
91.2% - Work Lyf Group Limited
69.9% - Industry AVG
WORK LYF GROUP LIMITED financials
Work Lyf Group Limited's latest turnover from October 2023 is estimated at £2.5 million and the company has net assets of £58 thousand. According to their latest financial statements, Work Lyf Group Limited has 12 employees and maintains cash reserves of £165.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 12 | 11 | 8 | 12 | 12 | 20 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,568 | 8,912 | 9,471 | 5,714 | 1,744 | 1,169 | 0 |
| 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 | 15,568 | 8,912 | 9,471 | 5,714 | 1,744 | 1,169 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 436,022 | 443,535 | 257,701 | 159,202 | 77,603 | 86,169 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 41,570 | 24,683 | 102,767 | 50,201 | 17,213 | 65 | 100 |
| Cash | 165,158 | 110,641 | 64,060 | 86,508 | 26,787 | 22,515 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 642,750 | 578,859 | 424,528 | 295,911 | 121,603 | 108,749 | 100 |
| total assets | 658,318 | 587,771 | 433,999 | 301,625 | 123,347 | 109,918 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,858 | 7,777 | 9,147 | 62 | 14,329 | 1,566 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 10,000 | 10,000 | 10,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 566,668 | 514,021 | 374,309 | 246,122 | 104,180 | 107,227 | 0 |
| total current liabilities | 584,526 | 531,798 | 393,456 | 246,184 | 118,509 | 108,793 | 0 |
| loans | 15,833 | 25,833 | 35,833 | 50,000 | 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 | 15,833 | 25,833 | 35,833 | 50,000 | 0 | 0 | 0 |
| total liabilities | 600,359 | 557,631 | 429,289 | 296,184 | 118,509 | 108,793 | 0 |
| net assets | 57,959 | 30,140 | 4,710 | 5,441 | 4,838 | 1,125 | 100 |
| total shareholders funds | 57,959 | 30,140 | 4,710 | 5,441 | 4,838 | 1,125 | 100 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,892 | 2,229 | 2,368 | 1,428 | 1,428 | 293 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 9,374 | 107,750 | 151,065 | 114,587 | 8,582 | 86,134 | 100 |
| Creditors | 81 | -1,370 | 9,085 | -14,267 | 12,763 | 1,566 | 0 |
| Accruals and Deferred Income | 52,647 | 139,712 | 128,187 | 141,942 | -3,047 | 107,227 | 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 | 10,000 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | -14,167 | 50,000 | 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 | 54,517 | 46,581 | -22,448 | 59,721 | 4,272 | 22,515 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 54,517 | 46,581 | -22,448 | 59,721 | 4,272 | 22,515 | 0 |
work lyf group limited Credit Report and Business Information
Work Lyf Group Limited Competitor Analysis
Perform a competitor analysis for work lyf group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in ST4 area or any other competitors across 12 key performance metrics.
work lyf group limited Ownership
WORK LYF GROUP LIMITED group structure
Work Lyf Group Limited has no subsidiary companies.
work lyf group limited directors
Work Lyf Group Limited currently has 2 directors. The longest serving directors include Mr Joseph Fitzgerald Thomas (Sep 2017) and Mr Russell Cartlidge (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Fitzgerald Thomas | England | 37 years | Sep 2017 | - | Director |
| Mr Russell Cartlidge | England | 39 years | Jun 2018 | - | Director |
P&L
October 2023turnover
2.5m
+11%
operating profit
33.6k
0%
gross margin
21.4%
-1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
58k
+0.92%
total assets
658.3k
+0.12%
cash
165.2k
+0.49%
net assets
Total assets minus all liabilities
work lyf group limited company details
company number
10936117
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
office 3a cauldon locks, shelton new road, stoke-on-trent, ST4 7AB
Bank
-
Legal Advisor
-
work lyf group 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 work lyf group limited.
work lyf group limited Companies House Filings - See Documents
| date | description | view/download |
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