Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
46 hullbridge road, south woodham ferrers, chelmsford, essex, CM3 5NG
Pomanda estimates the enterprise value of WATCHMIST HOLDINGS LIMITED at £1m based on a Turnover of £1.3m and 0.81x industry multiple (adjusted for size and gross margin).
watchmist holdings limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WATCHMIST HOLDINGS LIMITED at £0 based on an EBITDA of £-106.1k and a 3.42x industry multiple (adjusted for size and gross margin).
watchmist holdings limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of WATCHMIST HOLDINGS LIMITED at £1.2m based on Net Assets of £922.2k and 1.27x industry multiple (adjusted for liquidity).
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Watchmist Holdings LimitedOverview
Watchmist Holdings Limited is a live company located in chelmsford, CM3 5NG with a Companies House number of 11164870. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2018, it's largest shareholder is
nicola joanne elson
with a 50% stake. Watchmist Holdings Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Watchmist Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£19.1m)
£1.3m - Watchmist Holdings Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (11.7%)
4% - Watchmist Holdings Limited
11.7% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (34.9%)
21% - Watchmist Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of -8.3% make it less profitable than the average company (4.5%)
-8.3% - Watchmist Holdings Limited
4.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (104)
4 - Watchmist Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
£44.5k - Watchmist Holdings Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £319.7k, this is more efficient (£189.3k)
£319.7k - Watchmist Holdings Limited
£189.3k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (44 days)
119 days - Watchmist Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (44 days)
0 days - Watchmist Holdings Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Watchmist Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26199 weeks, this is more cash available to meet short term requirements (13 weeks)
26199 weeks - Watchmist Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (68.9%)
0.1% - Watchmist Holdings Limited
68.9% - Industry AVG
WATCHMIST HOLDINGS LIMITED financials
EXPORT
Watchmist Holdings Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £922.2 thousand. According to their latest financial statements, we estimate that Watchmist Holdings Limited has 4 employees and maintains cash reserves of £503.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Jan 2019
Turnover
1,278,822
1,039,660
1,121,454
1,121,470
1,179,606
1,052,502
Other Income Or Grants
Cost Of Sales
1,010,893
824,108
894,234
907,697
945,033
842,854
Gross Profit
267,929
215,553
227,220
213,773
234,574
209,647
Admin Expenses
374,072
322,863
309,238
290,346
119,261
-1,182,573
Operating Profit
-106,143
-107,310
-82,018
-76,573
115,313
1,392,220
Interest Payable
Interest Receivable
30,671
31,859
6,432
853
838
3,188
Pre-Tax Profit
-75,472
-75,451
-75,586
-75,720
116,151
1,395,407
Tax
-22,069
-265,127
Profit After Tax
-75,472
-75,451
-75,586
-75,720
94,082
1,130,280
Dividends Paid
Retained Profit
-75,472
-75,451
-75,586
-75,720
94,082
1,130,280
Employee Costs
178,140
124,854
156,170
149,540
147,156
143,039
Number Of Employees
4
3
4
4
4
4
EBITDA*
-106,143
-107,310
-82,018
-76,573
115,313
1,392,220
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Jan 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
418,294
350,000
350,000
350,000
400,082
350,000
Group Debtors
Misc Debtors
Cash
503,839
664,570
834,656
880,614
825,000
850,000
misc current assets
1,100
1,100
100
100
100
100
total current assets
923,233
1,015,670
1,184,756
1,230,714
1,225,182
1,200,100
total assets
923,233
1,015,670
1,184,756
1,230,714
1,225,182
1,200,100
Bank overdraft
Bank loan
Trade Creditors
1,000
17,965
111,600
81,972
720
69,720
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,000
17,965
111,600
81,972
720
69,720
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,000
17,965
111,600
81,972
720
69,720
net assets
922,233
997,705
1,073,156
1,148,742
1,224,462
1,130,380
total shareholders funds
922,233
997,705
1,073,156
1,148,742
1,224,462
1,130,380
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Jan 2019
Operating Activities
Operating Profit
-106,143
-107,310
-82,018
-76,573
115,313
1,392,220
Depreciation
Amortisation
Tax
-22,069
-265,127
Stock
Debtors
68,294
-50,082
50,082
350,000
Creditors
-16,965
-93,635
29,628
81,252
-69,000
69,720
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-191,402
-200,945
-52,390
54,761
-25,838
846,813
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
share issue
100
interest
30,671
31,859
6,432
853
838
3,188
cash flow from financing
30,671
31,859
6,432
853
838
3,288
cash and cash equivalents
cash
-160,731
-170,086
-45,958
55,614
-25,000
850,000
overdraft
change in cash
-160,731
-170,086
-45,958
55,614
-25,000
850,000
watchmist holdings limited 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 watchmist holdings limited. Get real-time insights into watchmist holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for watchmist holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CM3 area or any other competitors across 12 key performance metrics.
watchmist holdings limited Ownership
WATCHMIST HOLDINGS LIMITED group structure
Watchmist Holdings Limited has 2 subsidiary companies.
The largest shareholders in Watchmist Holdings Limited include Nicola Joanne Elson and Michael Peter Elson.
nicola joanne elson
50%
michael peter elson
50%
watchmist holdings limited directors
Watchmist Holdings Limited currently has 2 directors.
The longest serving directors include
Mrs Nicola Elson (Jan 2018) and
Mr Michael Elson (Jan 2018).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
46 hullbridge road, south woodham ferrers, chelmsford, essex, CM3 5NG
Bank
-
Legal Advisor
-
watchmist holdings 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 watchmist holdings limited.
watchmist holdings limited Capital Raised & Share Issues BETA
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watchmist holdings limitedCompanies House Filings - See Documents
