welling united fc academy cic
welling united fc academy cic Company Information
Company Number
11313657
Website
-Registered Address
suite 21 10 churchill square, kings hill, west malling, kent, ME19 4YU
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
welling united fc academy cic Estimated Valuation
Pomanda estimates the enterprise value of WELLING UNITED FC ACADEMY CIC at £649k based on a Turnover of £770.2k and 0.84x industry multiple (adjusted for size and gross margin).
welling united fc academy cic Estimated Valuation
Pomanda estimates the enterprise value of WELLING UNITED FC ACADEMY CIC at £36.1k based on an EBITDA of £11.8k and a 3.05x industry multiple (adjusted for size and gross margin).
welling united fc academy cic Estimated Valuation
Pomanda estimates the enterprise value of WELLING UNITED FC ACADEMY CIC at £6.3k based on Net Assets of £19.4k and 0.32x industry multiple (adjusted for liquidity).
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Welling United Fc Academy Cic Overview
Welling United Fc Academy Cic is a live company located in west malling, ME19 4YU with a Companies House number of 11313657. It operates in the other sports activities sector, SIC Code 93199. Founded in April 2018, it's largest shareholder is unknown. Welling United Fc Academy Cic is a young, small sized company, Pomanda has estimated its turnover at £770.2k with rapid growth in recent years.
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Welling United Fc Academy Cic Health Check
Pomanda's financial health check has awarded Welling United Fc Academy Cic a 3 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 £770.2k, make it larger than the average company (£541.8k)
£770.2k - Welling United Fc Academy Cic
£541.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 81%, show it is growing at a faster rate (6.1%)
81% - Welling United Fc Academy Cic
6.1% - Industry AVG
Production
with a gross margin of 53.2%, this company has a comparable cost of product (44.8%)
53.2% - Welling United Fc Academy Cic
44.8% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (1.6%)
1% - Welling United Fc Academy Cic
1.6% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (14)
- Welling United Fc Academy Cic
14 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
- Welling United Fc Academy Cic
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is equally as efficient (£66.9k)
- Welling United Fc Academy Cic
£66.9k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (16 days)
60 days - Welling United Fc Academy Cic
16 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (33 days)
121 days - Welling United Fc Academy Cic
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Welling United Fc Academy Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (69 weeks)
8 weeks - Welling United Fc Academy Cic
69 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.4%, this is a higher level of debt than the average (40.9%)
89.4% - Welling United Fc Academy Cic
40.9% - Industry AVG
WELLING UNITED FC ACADEMY CIC financials
Welling United Fc Academy Cic's latest turnover from July 2023 is £770.2 thousand and the company has net assets of £19.4 thousand. According to their latest financial statements, we estimate that Welling United Fc Academy Cic has 12 employees and maintains cash reserves of £25.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Turnover | 770,236 | 525,984 | 224,235 | 130,068 | 35,332 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 360,874 | 300,761 | 143,954 | 59,382 | 34,177 |
| Gross Profit | 409,362 | 225,223 | 80,281 | 70,686 | 1,155 |
| Admin Expenses | 401,316 | 239,920 | 71,119 | 46,824 | 4,472 |
| Operating Profit | 8,046 | -14,697 | 9,162 | 23,862 | -3,317 |
| Interest Payable | 3,781 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 110 | 0 |
| Pre-Tax Profit | 4,265 | -14,697 | 9,162 | 23,972 | -3,317 |
| Tax | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 4,265 | -14,697 | 9,162 | 23,972 | -3,317 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 4,265 | -14,697 | 9,162 | 23,972 | -3,317 |
| Employee Costs | 8,506 | 2,710 | |||
| Number Of Employees | 2 | 2 | 2 | ||
| EBITDA* | 11,818 | -8,367 | 16,042 | 32,584 | -3,317 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 11,106 | 14,878 | 17,968 | 24,833 | 0 |
| 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 | 11,106 | 14,878 | 17,968 | 24,833 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 127,665 | 7,550 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,661 | 34,435 | 63,720 | 1,200 | 0 |
| Cash | 25,202 | 24,946 | 27,948 | 66,755 | 1,346 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 171,528 | 66,931 | 91,668 | 67,955 | 1,346 |
| total assets | 182,634 | 81,809 | 109,636 | 92,788 | 1,346 |
| Bank overdraft | 30,833 | 38,868 | 50,000 | 50,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 120,028 | 13,033 | 12,219 | 0 | 0 |
| 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 | 12,388 | 14,788 | 17,600 | 22,133 | 4,663 |
| total current liabilities | 163,249 | 66,689 | 79,819 | 72,133 | 4,663 |
| 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 | 163,249 | 66,689 | 79,819 | 72,133 | 4,663 |
| net assets | 19,385 | 15,120 | 29,817 | 20,655 | -3,317 |
| total shareholders funds | 19,385 | 15,120 | 29,817 | 20,655 | -3,317 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 8,046 | -14,697 | 9,162 | 23,862 | -3,317 |
| Depreciation | 3,772 | 6,330 | 6,880 | 8,722 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 104,341 | -21,735 | 62,520 | 1,200 | 0 |
| Creditors | 106,995 | 814 | 12,219 | 0 | 0 |
| Accruals and Deferred Income | -2,400 | -2,812 | -4,533 | 17,470 | 4,663 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 12,072 | 11,370 | -38,792 | 48,854 | 1,346 |
| 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 | -3,781 | 0 | 0 | 110 | 0 |
| cash flow from financing | -3,781 | 0 | 0 | 110 | 0 |
| cash and cash equivalents | |||||
| cash | 256 | -3,002 | -38,807 | 65,409 | 1,346 |
| overdraft | -8,035 | -11,132 | 0 | 50,000 | 0 |
| change in cash | 8,291 | 8,130 | -38,807 | 15,409 | 1,346 |
welling united fc academy cic Credit Report and Business Information
Welling United Fc Academy Cic Competitor Analysis
Perform a competitor analysis for welling united fc academy cic by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in ME19 area or any other competitors across 12 key performance metrics.
welling united fc academy cic Ownership
WELLING UNITED FC ACADEMY CIC group structure
Welling United Fc Academy Cic has no subsidiary companies.
Ultimate parent company
WELLING UNITED FC ACADEMY CIC
11313657
welling united fc academy cic directors
Welling United Fc Academy Cic currently has 8 directors. The longest serving directors include Mr Garry Fiore (Apr 2018) and Mr Brett Smith (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Garry Fiore | England | 57 years | Apr 2018 | - | Director |
| Mr Brett Smith | England | 49 years | Apr 2018 | - | Director |
| Mrs Zoe Fiore | England | 54 years | Oct 2019 | - | Director |
| Mrs Amanda Smith | England | 51 years | Oct 2019 | - | Director |
| Mr Barry Jeffreys | England | 48 years | Apr 2022 | - | Director |
| Mr Jason Hollick | England | 33 years | Dec 2022 | - | Director |
| Mr Neil Harper | England | 32 years | Dec 2022 | - | Director |
| Ms Louise King | 43 years | Dec 2022 | - | Director |
P&L
July 2023turnover
770.2k
+46%
operating profit
8k
-155%
gross margin
53.2%
+24.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
19.4k
+0.28%
total assets
182.6k
+1.23%
cash
25.2k
+0.01%
net assets
Total assets minus all liabilities
welling united fc academy cic company details
company number
11313657
Type
Private Ltd By Guarantee w/o Share Cap
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
April 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
suite 21 10 churchill square, kings hill, west malling, kent, ME19 4YU
accountant
THE ACCOUNTANCY PRACTICE LTD
auditor
-
welling united fc academy cic 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 found 1 charges/mortgages relating to welling united fc academy cic. Currently there are 1 open charges and 0 have been satisfied in the past.
welling united fc academy cic Companies House Filings - See Documents
| date | description | view/download |
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