eighteen wealth planning limited
eighteen wealth planning limited Company Information
Company Number
11312571
Website
www.eighteenwealth.co.ukRegistered Address
basepoint business centre, c/o tony brown accountancy solut, winchester, hampshire, SO23 0LD
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01489287218
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mark holmes 50%
andrea jane holmes 50%
eighteen wealth planning limited Estimated Valuation
Pomanda estimates the enterprise value of EIGHTEEN WEALTH PLANNING LIMITED at £75.4k based on a Turnover of £80.8k and 0.93x industry multiple (adjusted for size and gross margin).
eighteen wealth planning limited Estimated Valuation
Pomanda estimates the enterprise value of EIGHTEEN WEALTH PLANNING LIMITED at £0 based on an EBITDA of £-16.5k and a 3.75x industry multiple (adjusted for size and gross margin).
eighteen wealth planning limited Estimated Valuation
Pomanda estimates the enterprise value of EIGHTEEN WEALTH PLANNING LIMITED at £24.8k based on Net Assets of £12.4k and 2.01x industry multiple (adjusted for liquidity).
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Eighteen Wealth Planning Limited Overview
Eighteen Wealth Planning Limited is a live company located in winchester, SO23 0LD with a Companies House number of 11312571. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2018, it's largest shareholder is mark holmes with a 50% stake. Eighteen Wealth Planning Limited is a young, micro sized company, Pomanda has estimated its turnover at £80.8k with healthy growth in recent years.
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Eighteen Wealth Planning Limited Health Check
Pomanda's financial health check has awarded Eighteen Wealth Planning Limited 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £80.8k, make it smaller than the average company (£4m)
- Eighteen Wealth Planning Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.9%)
- Eighteen Wealth Planning Limited
3.9% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (62.1%)
- Eighteen Wealth Planning Limited
62.1% - Industry AVG
Profitability
an operating margin of -20.5% make it less profitable than the average company (11.2%)
- Eighteen Wealth Planning Limited
11.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- Eighteen Wealth Planning Limited
13 - Industry AVG
Pay Structure
on an average salary of £72k, the company has an equivalent pay structure (£72k)
- Eighteen Wealth Planning Limited
£72k - Industry AVG
Efficiency
resulting in sales per employee of £80.8k, this is less efficient (£203.7k)
- Eighteen Wealth Planning Limited
£203.7k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (30 days)
- Eighteen Wealth Planning Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (37 days)
- Eighteen Wealth Planning Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eighteen Wealth Planning Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Eighteen Wealth Planning Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.8%, this is a similar level of debt than the average (57.1%)
53.8% - Eighteen Wealth Planning Limited
57.1% - Industry AVG
EIGHTEEN WEALTH PLANNING LIMITED financials
Eighteen Wealth Planning Limited's latest turnover from March 2023 is estimated at £80.8 thousand and the company has net assets of £12.4 thousand. According to their latest financial statements, we estimate that Eighteen Wealth Planning Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 356 | 1,186 | 1,806 | 158 | 305 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 356 | 1,186 | 1,806 | 158 | 305 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,384 | 46,066 | 48,155 | 9,760 | 17,309 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,384 | 46,066 | 48,155 | 9,760 | 17,309 |
| total assets | 26,740 | 47,252 | 49,961 | 9,918 | 17,614 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,383 | 18,363 | 23,682 | 10,118 | 6,613 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 14,383 | 18,363 | 23,682 | 10,118 | 6,613 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 14,383 | 18,363 | 23,682 | 10,118 | 6,613 |
| net assets | 12,357 | 28,889 | 26,279 | -200 | 11,001 |
| total shareholders funds | 12,357 | 28,889 | 26,279 | -200 | 11,001 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | ||||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -19,682 | -2,089 | 38,395 | -7,549 | 17,309 |
| Creditors | -3,980 | -5,319 | 13,564 | 3,505 | 6,613 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
eighteen wealth planning limited Credit Report and Business Information
Eighteen Wealth Planning Limited Competitor Analysis
Perform a competitor analysis for eighteen wealth planning limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SO23 area or any other competitors across 12 key performance metrics.
eighteen wealth planning limited Ownership
EIGHTEEN WEALTH PLANNING LIMITED group structure
Eighteen Wealth Planning Limited has no subsidiary companies.
Ultimate parent company
EIGHTEEN WEALTH PLANNING LIMITED
11312571
eighteen wealth planning limited directors
Eighteen Wealth Planning Limited currently has 2 directors. The longest serving directors include Mr Mark Holmes (Apr 2018) and Mrs Andrea Holmes (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Holmes | United Kingdom | 49 years | Apr 2018 | - | Director |
| Mrs Andrea Holmes | United Kingdom | 46 years | Jan 2019 | - | Director |
P&L
March 2023turnover
80.8k
-31%
operating profit
-16.5k
0%
gross margin
22.7%
-11.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
12.4k
-0.57%
total assets
26.7k
-0.43%
cash
0
0%
net assets
Total assets minus all liabilities
eighteen wealth planning limited company details
company number
11312571
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
basepoint business centre, c/o tony brown accountancy solut, winchester, hampshire, SO23 0LD
Bank
-
Legal Advisor
-
eighteen wealth planning 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 eighteen wealth planning limited.
eighteen wealth planning limited Companies House Filings - See Documents
| date | description | view/download |
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