welmanne dival associates ltd
welmanne dival associates ltd Company Information
Company Number
11056939
Website
-Registered Address
cardinal point park road, rickmansworth, WD3 1RE
Industry
Temporary employment agency activities
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Mann De Vidal6 Years
Shareholders
welmanne dival group ltd 66.7%
marie golden ltd 33.3%
welmanne dival associates ltd Estimated Valuation
Pomanda estimates the enterprise value of WELMANNE DIVAL ASSOCIATES LTD at £50.2k based on a Turnover of £141.9k and 0.35x industry multiple (adjusted for size and gross margin).
welmanne dival associates ltd Estimated Valuation
Pomanda estimates the enterprise value of WELMANNE DIVAL ASSOCIATES LTD at £22.2k based on an EBITDA of £6.3k and a 3.53x industry multiple (adjusted for size and gross margin).
welmanne dival associates ltd Estimated Valuation
Pomanda estimates the enterprise value of WELMANNE DIVAL ASSOCIATES LTD at £212.5k based on Net Assets of £102.5k and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Welmanne Dival Associates Ltd Overview
Welmanne Dival Associates Ltd is a live company located in rickmansworth, WD3 1RE with a Companies House number of 11056939. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in November 2017, it's largest shareholder is welmanne dival group ltd with a 66.7% stake. Welmanne Dival Associates Ltd is a young, micro sized company, Pomanda has estimated its turnover at £141.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Welmanne Dival Associates Ltd Health Check
Pomanda's financial health check has awarded Welmanne Dival Associates Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £141.9k, make it smaller than the average company (£8m)
- Welmanne Dival Associates Ltd
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (3.9%)
- Welmanne Dival Associates Ltd
3.9% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (28%)
- Welmanne Dival Associates Ltd
28% - Industry AVG
Profitability
an operating margin of 4.4% make it as profitable than the average company (4.6%)
- Welmanne Dival Associates Ltd
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - Welmanne Dival Associates Ltd
34 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Welmanne Dival Associates Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £71k, this is less efficient (£207.3k)
- Welmanne Dival Associates Ltd
£207.3k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (43 days)
- Welmanne Dival Associates Ltd
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Welmanne Dival Associates Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is in line with average (15 days)
- Welmanne Dival Associates Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 115 weeks, this is more cash available to meet short term requirements (17 weeks)
115 weeks - Welmanne Dival Associates Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.7%, this is a lower level of debt than the average (67.8%)
31.7% - Welmanne Dival Associates Ltd
67.8% - Industry AVG
WELMANNE DIVAL ASSOCIATES LTD financials
Welmanne Dival Associates Ltd's latest turnover from March 2023 is estimated at £141.9 thousand and the company has net assets of £102.5 thousand. According to their latest financial statements, Welmanne Dival Associates Ltd has 2 employees and maintains cash reserves of £19.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 150,857 | 73,582 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 69,186 | 32,874 | ||||
| Gross Profit | 81,671 | 40,708 | ||||
| Admin Expenses | 66,772 | 32,000 | ||||
| Operating Profit | 14,899 | 8,708 | ||||
| Interest Payable | 217 | 93 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | 14,682 | 8,615 | ||||
| Tax | -2,790 | -1,637 | ||||
| Profit After Tax | 11,892 | 6,978 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | 11,892 | 6,978 | ||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||
| EBITDA* | 14,899 | 8,708 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 30,000 | 30,000 | 30,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,000 | 30,000 | 30,000 | 0 | 0 | 0 |
| Stock & work in progress | 3,974 | 8,813 | 16,429 | 30,273 | 30,273 | 21 |
| Trade Debtors | 4,184 | 5,063 | 0 | 0 | 4,905 | 2,814 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 385 | 4,417 | 0 | 0 |
| Cash | 19,347 | 9,849 | 3,751 | 35,593 | 22,482 | 41,780 |
| misc current assets | 92,500 | 92,500 | 92,500 | 0 | 0 | 0 |
| total current assets | 120,005 | 116,225 | 113,065 | 70,283 | 57,660 | 44,615 |
| total assets | 150,005 | 146,225 | 143,065 | 70,283 | 57,660 | 44,615 |
| Bank overdraft | 6,509 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,181 | 626 | 135 | 2,928 | 2,790 | 1,637 |
| total current liabilities | 8,690 | 626 | 135 | 2,928 | 2,790 | 1,637 |
| loans | 38,859 | 45,000 | 45,000 | 0 | 0 | 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 | 38,859 | 45,000 | 45,000 | 0 | 0 | 0 |
| total liabilities | 47,549 | 45,626 | 45,135 | 2,928 | 2,790 | 1,637 |
| net assets | 102,456 | 100,599 | 97,930 | 67,355 | 54,870 | 42,978 |
| total shareholders funds | 102,456 | 100,599 | 97,930 | 67,355 | 54,870 | 42,978 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 14,899 | 8,708 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,790 | -1,637 | ||||
| Stock | -4,839 | -7,616 | -13,844 | 0 | 30,252 | 21 |
| Debtors | -879 | 4,678 | -4,032 | -488 | 2,091 | 2,814 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,555 | 491 | -2,793 | 138 | 1,153 | 1,637 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -19,081 | 5,873 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 30,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,141 | 0 | 45,000 | 0 | 0 | 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 | -217 | -93 | ||||
| cash flow from financing | -217 | 35,907 | ||||
| cash and cash equivalents | ||||||
| cash | 9,498 | 6,098 | -31,842 | 13,111 | -19,298 | 41,780 |
| overdraft | 6,509 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,989 | 6,098 | -31,842 | 13,111 | -19,298 | 41,780 |
welmanne dival associates ltd Credit Report and Business Information
Welmanne Dival Associates Ltd Competitor Analysis
Perform a competitor analysis for welmanne dival associates ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.
welmanne dival associates ltd Ownership
WELMANNE DIVAL ASSOCIATES LTD group structure
Welmanne Dival Associates Ltd has no subsidiary companies.
Ultimate parent company
WELMANNE DIVAL ASSOCIATES LTD
11056939
welmanne dival associates ltd directors
Welmanne Dival Associates Ltd currently has 1 director, Mr Mann De Vidal serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mann De Vidal | England | 46 years | Nov 2017 | - | Director |
P&L
March 2023turnover
141.9k
+3%
operating profit
6.3k
0%
gross margin
28.1%
+3.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
102.5k
+0.02%
total assets
150k
+0.03%
cash
19.3k
+0.96%
net assets
Total assets minus all liabilities
welmanne dival associates ltd company details
company number
11056939
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
82990 - Other business support service activities n.e.c.
incorporation date
November 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
cardinal point park road, rickmansworth, WD3 1RE
accountant
WD ASSOCIATES
auditor
-
welmanne dival associates 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 welmanne dival associates ltd.
welmanne dival associates ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
