1st floor cornelius house, 178-180 church road, hove, BN3 2DJ
Website
-
weplumb ltdEstimated Valuation
£67.8k
Pomanda estimates the enterprise value of WEPLUMB LTD at £67.8k based on a Turnover of £164.9k and 0.41x industry multiple (adjusted for size and gross margin).
weplumb ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of WEPLUMB LTD at £0 based on an EBITDA of £-1.5k and a 3.48x industry multiple (adjusted for size and gross margin).
weplumb ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of WEPLUMB LTD at £0 based on Net Assets of £-27.9k and 2.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Weplumb LtdOverview
Weplumb Ltd is a live company located in hove, BN3 2DJ with a Companies House number of 11056992. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 2017, it's largest shareholder is
jonathan bennett
with a 100% stake. Weplumb Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£164.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Weplumb Ltd a 2 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
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £164.9k, make it smaller than the average company (£379k)
£164.9k - Weplumb Ltd
£379k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.6%)
8% - Weplumb Ltd
9.6% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (29.5%)
18.1% - Weplumb Ltd
29.5% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (6.1%)
-0.9% - Weplumb Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Weplumb Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
£31.5k - Weplumb Ltd
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £164.9k, this is more efficient (£116.8k)
£164.9k - Weplumb Ltd
£116.8k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (54 days)
106 days - Weplumb Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (45 days)
120 days - Weplumb Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Weplumb Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Weplumb Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158%, this is a higher level of debt than the average (62.1%)
158% - Weplumb Ltd
62.1% - Industry AVG
WEPLUMB LTD financials
EXPORT
Weplumb Ltd's latest turnover from November 2023 is estimated at £164.9 thousand and the company has net assets of -£27.9 thousand. According to their latest financial statements, Weplumb Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Turnover
164,874
139,558
126,568
131,178
69,987
109,546
Other Income Or Grants
Cost Of Sales
135,009
114,380
104,993
106,225
57,001
87,172
Gross Profit
29,866
25,179
21,575
24,954
12,986
22,374
Admin Expenses
31,340
23,731
30,170
25,717
-27,431
73,363
Operating Profit
-1,474
1,448
-8,595
-763
40,417
-50,989
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,474
1,448
-8,595
-763
40,417
-50,989
Tax
-275
-7,679
Profit After Tax
-1,474
1,173
-8,595
-763
32,738
-50,989
Dividends Paid
Retained Profit
-1,474
1,173
-8,595
-763
32,738
-50,989
Employee Costs
31,477
32,991
32,651
33,067
100,294
104,866
Number Of Employees
1
1
1
1
3
3
EBITDA*
-1,474
1,448
-8,595
-763
40,417
-50,989
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
48,124
46,404
48,329
50,239
317
288
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
48,124
46,404
48,329
50,239
317
288
total assets
48,124
46,404
48,329
50,239
317
288
Bank overdraft
Bank loan
Trade Creditors
44,529
36,344
30,844
18,603
18,568
51,277
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
44,529
36,344
30,844
18,603
18,568
51,277
loans
hp & lease commitments
Accruals and Deferred Income
400
385
650
650
other liabilities
31,105
36,111
44,444
50,000
provisions
total long term liabilities
31,505
36,496
45,094
50,650
total liabilities
76,034
72,840
75,938
69,253
18,568
51,277
net assets
-27,910
-26,436
-27,609
-19,014
-18,251
-50,989
total shareholders funds
-27,910
-26,436
-27,609
-19,014
-18,251
-50,989
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Operating Activities
Operating Profit
-1,474
1,448
-8,595
-763
40,417
-50,989
Depreciation
Amortisation
Tax
-275
-7,679
Stock
Debtors
1,720
-1,925
-1,910
49,922
29
288
Creditors
8,185
5,500
12,241
35
-32,709
51,277
Accruals and Deferred Income
15
-265
650
Deferred Taxes & Provisions
Cash flow from operations
5,006
8,333
5,556
-50,000
Investing Activities
capital expenditure
Change in Investments
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
-5,006
-8,333
-5,556
50,000
share issue
interest
cash flow from financing
-5,006
-8,333
-5,556
50,000
cash and cash equivalents
cash
overdraft
change in cash
weplumb ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for weplumb ltd. Get real-time insights into weplumb ltd's credit score, group structure and payment trends.
Perform a competitor analysis for weplumb ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
weplumb ltd Ownership
WEPLUMB LTD group structure
Weplumb Ltd has no subsidiary companies.
Ultimate parent company
WEPLUMB LTD
11056992
WEPLUMB LTD Shareholders
The sole shareholder of Weplumb Ltd is Jonathan Bennett.
jonathan bennett
100%
weplumb ltd directors
Weplumb Ltd currently has 1 director, Mr Jonathan Bennett serving since Nov 2017.
43220 - Plumbing, heat and air-conditioning installation
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
KMG ACCOUNTANCY LTD
auditor
-
address
1st floor cornelius house, 178-180 church road, hove, BN3 2DJ
Bank
-
Legal Advisor
-
weplumb 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 weplumb ltd.
weplumb 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 WEPLUMB LTD. This can take several minutes, an email will notify you when this has completed.
weplumb ltdCompanies House Filings - See Documents
