wg property services ltd
wg property services ltd Company Information
Company Number
10987910
Website
-Registered Address
110 colmore row, birmingham, B3 3AG
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Wayne Tracey6 Years
Shareholders
tracey wayne peter 100%
wg property services ltd Estimated Valuation
Pomanda estimates the enterprise value of WG PROPERTY SERVICES LTD at £240.8k based on a Turnover of £105.8k and 2.28x industry multiple (adjusted for size and gross margin).
wg property services ltd Estimated Valuation
Pomanda estimates the enterprise value of WG PROPERTY SERVICES LTD at £92.5k based on an EBITDA of £15.5k and a 5.98x industry multiple (adjusted for size and gross margin).
wg property services ltd Estimated Valuation
Pomanda estimates the enterprise value of WG PROPERTY SERVICES LTD at £0 based on Net Assets of £-5.6k and 1.46x industry multiple (adjusted for liquidity).
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Wg Property Services Ltd Overview
Wg Property Services Ltd is a live company located in birmingham, B3 3AG with a Companies House number of 10987910. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2017, it's largest shareholder is tracey wayne peter with a 100% stake. Wg Property Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £105.8k with declining growth in recent years.
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Wg Property Services Ltd Health Check
Pomanda's financial health check has awarded Wg Property Services Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £105.8k, make it smaller than the average company (£905k)
- Wg Property Services Ltd
£905k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.5%)
- Wg Property Services Ltd
2.5% - Industry AVG
Production
with a gross margin of 69.1%, this company has a comparable cost of product (69.1%)
- Wg Property Services Ltd
69.1% - Industry AVG
Profitability
an operating margin of -10.7% make it less profitable than the average company (27.3%)
- Wg Property Services Ltd
27.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Wg Property Services Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Wg Property Services Ltd
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £105.8k, this is less efficient (£199.9k)
- Wg Property Services Ltd
£199.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wg Property Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (30 days)
- Wg Property Services Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wg Property Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Wg Property Services Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (64.4%)
100.4% - Wg Property Services Ltd
64.4% - Industry AVG
WG PROPERTY SERVICES LTD financials
Wg Property Services Ltd's latest turnover from September 2023 is estimated at £105.8 thousand and the company has net assets of -£5.6 thousand. According to their latest financial statements, Wg Property Services Ltd has 1 employee and maintains cash reserves of £7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,262,687 | 1,289,509 | 736,679 | 752,448 | 0 | 220,500 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 768,218 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,262,687 | 1,289,509 | 736,679 | 752,448 | 768,218 | 220,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 600 | 13,200 | 8,400 | 0 | 4,676 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,537 | 1,014 | 651 | 20,696 | 0 | 0 |
| Cash | 7,043 | 45,650 | 104,437 | 6,370 | 20,146 | 0 |
| misc current assets | 0 | 0 | 166 | 0 | 0 | 0 |
| total current assets | 9,580 | 47,264 | 118,454 | 35,466 | 20,146 | 4,676 |
| total assets | 1,272,267 | 1,336,773 | 855,133 | 787,914 | 788,364 | 225,176 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,403 | 1,901 | 0 | 563 | 0 | 0 |
| Group/Directors Accounts | 1,265,581 | 1,119,866 | 539,566 | 518,731 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,554 | 8,656 | 8,965 | 12,397 | 535,404 | 229,746 |
| total current liabilities | 1,276,538 | 1,130,423 | 548,531 | 531,691 | 535,404 | 229,746 |
| loans | 1,300 | 191,300 | 241,300 | 191,300 | 191,300 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,300 | 191,300 | 241,300 | 191,300 | 191,300 | 0 |
| total liabilities | 1,277,838 | 1,321,723 | 789,831 | 722,991 | 726,704 | 229,746 |
| net assets | -5,571 | 15,050 | 65,302 | 64,923 | 61,660 | -4,570 |
| total shareholders funds | -5,571 | 15,050 | 65,302 | 64,923 | 61,660 | -4,570 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 26,822 | 26,821 | 15,769 | 15,770 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 923 | -12,237 | -15,245 | 29,096 | -4,676 | 4,676 |
| Creditors | 1,502 | 1,901 | -563 | 563 | 0 | 0 |
| Accruals and Deferred Income | -1,102 | -309 | -3,432 | -523,007 | 305,658 | 229,746 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | -768,218 | 768,218 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 145,715 | 580,300 | 20,835 | 518,731 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -190,000 | -50,000 | 50,000 | 0 | 191,300 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -38,607 | -58,787 | 98,067 | -13,776 | 20,146 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -38,607 | -58,787 | 98,067 | -13,776 | 20,146 | 0 |
wg property services ltd Credit Report and Business Information
Wg Property Services Ltd Competitor Analysis
Perform a competitor analysis for wg property services ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.
wg property services ltd Ownership
WG PROPERTY SERVICES LTD group structure
Wg Property Services Ltd has no subsidiary companies.
Ultimate parent company
WG PROPERTY SERVICES LTD
10987910
wg property services ltd directors
Wg Property Services Ltd currently has 1 director, Mr Wayne Tracey serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wayne Tracey | England | 56 years | Mar 2018 | - | Director |
P&L
September 2023turnover
105.8k
+85%
operating profit
-11.3k
0%
gross margin
69.2%
+2.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-5.6k
-1.37%
total assets
1.3m
-0.05%
cash
7k
-0.85%
net assets
Total assets minus all liabilities
wg property services ltd company details
company number
10987910
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
110 colmore row, birmingham, B3 3AG
accountant
-
auditor
-
wg property services 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 wg property services ltd.
wg property services ltd Companies House Filings - See Documents
| date | description | view/download |
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