wab air limited
wab air limited Company Information
Company Number
11319088
Website
-Registered Address
c/o cc young & co, 3rd floor,, the bloomsbury building, holborn, london, WC1A 2SL
Industry
Non-scheduled passenger air transport
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Luke Lloyd-Davies6 Years
Shareholders
sir elton hercules john 100%
wab air limited Estimated Valuation
Pomanda estimates the enterprise value of WAB AIR LIMITED at £486.7k based on a Turnover of £929.3k and 0.52x industry multiple (adjusted for size and gross margin).
wab air limited Estimated Valuation
Pomanda estimates the enterprise value of WAB AIR LIMITED at £2.8m based on an EBITDA of £726.1k and a 3.85x industry multiple (adjusted for size and gross margin).
wab air limited Estimated Valuation
Pomanda estimates the enterprise value of WAB AIR LIMITED at £0 based on Net Assets of £-2.6m and 2.27x industry multiple (adjusted for liquidity).
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Wab Air Limited Overview
Wab Air Limited is a live company located in holborn, WC1A 2SL with a Companies House number of 11319088. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in April 2018, it's largest shareholder is sir elton hercules john with a 100% stake. Wab Air Limited is a young, small sized company, Pomanda has estimated its turnover at £929.3k with rapid growth in recent years.
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Wab Air Limited Health Check
Pomanda's financial health check has awarded Wab Air Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £929.3k, make it smaller than the average company (£11.6m)
- Wab Air Limited
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (9.1%)
- Wab Air Limited
9.1% - Industry AVG
Production
with a gross margin of 15.8%, this company has a comparable cost of product (15.8%)
- Wab Air Limited
15.8% - Industry AVG
Profitability
an operating margin of 78.1% make it more profitable than the average company (2%)
- Wab Air Limited
2% - Industry AVG
Employees
with 2 employees, this is below the industry average (62)
2 - Wab Air Limited
62 - Industry AVG
Pay Structure
on an average salary of £60.5k, the company has an equivalent pay structure (£60.5k)
- Wab Air Limited
£60.5k - Industry AVG
Efficiency
resulting in sales per employee of £464.6k, this is more efficient (£261.9k)
- Wab Air Limited
£261.9k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (28 days)
- Wab Air Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wab Air Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wab Air Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (8 weeks)
35 weeks - Wab Air Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.1%, this is a higher level of debt than the average (82.5%)
138.1% - Wab Air Limited
82.5% - Industry AVG
WAB AIR LIMITED financials
Wab Air Limited's latest turnover from March 2024 is estimated at £929.3 thousand and the company has net assets of -£2.6 million. According to their latest financial statements, Wab Air Limited has 2 employees and maintains cash reserves of £6.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,284,237 | 5,719,095 | 6,315,598 | 7,083,791 | 8,065,347 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 5,284,237 | 5,719,095 | 6,315,598 | 7,083,791 | 8,065,347 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 97,257 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 25,128 | 112,010 | 56,401 | 0 | 0 | 45,975 |
| Misc Debtors | 184,511 | 831,215 | 1,326,954 | 554,046 | 1,062,181 | 518,442 |
| Cash | 6,552,914 | 453,616 | 959,287 | 1,505,851 | 2,535,809 | 697,917 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,859,810 | 1,396,841 | 2,342,642 | 2,059,897 | 3,597,990 | 1,262,334 |
| total assets | 6,859,810 | 6,681,078 | 8,061,737 | 8,375,495 | 10,681,781 | 9,327,681 |
| Bank overdraft | 0 | 0 | 0 | 13 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 349,841 | 367,684 | 16,380 | 107,985 | 223,141 |
| 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 | 9,475,886 | 9,623,283 | 11,015,517 | 9,674,951 | 11,209,713 | 9,064,580 |
| total current liabilities | 9,475,886 | 9,973,124 | 11,383,201 | 9,691,344 | 11,317,698 | 9,287,721 |
| loans | 0 | 0 | 0 | 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 | 7,804 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 7,804 |
| total liabilities | 9,475,886 | 9,973,124 | 11,383,201 | 9,691,344 | 11,317,698 | 9,295,525 |
| net assets | -2,616,076 | -3,292,046 | -3,321,464 | -1,315,849 | -635,917 | 32,156 |
| total shareholders funds | -2,616,076 | -3,292,046 | -3,321,464 | -1,315,849 | -635,917 | 32,156 |
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 616,644 | 768,193 | 761,389 | 402,476 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -636,329 | -440,130 | 829,309 | -508,135 | 497,764 | 564,417 |
| Creditors | -349,841 | -17,843 | 351,304 | -91,605 | -115,156 | 223,141 |
| Accruals and Deferred Income | -147,397 | -1,392,234 | 1,340,566 | -1,534,762 | 2,145,133 | 9,064,580 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -7,804 | 7,804 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 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 | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 6,099,298 | -505,671 | -546,564 | -1,029,958 | 1,837,892 | 697,917 |
| overdraft | 0 | 0 | -13 | 13 | 0 | 0 |
| change in cash | 6,099,298 | -505,671 | -546,551 | -1,029,971 | 1,837,892 | 697,917 |
wab air limited Credit Report and Business Information
Wab Air Limited Competitor Analysis
Perform a competitor analysis for wab air limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in WC1A area or any other competitors across 12 key performance metrics.
wab air limited Ownership
WAB AIR LIMITED group structure
Wab Air Limited has no subsidiary companies.
Ultimate parent company
WAB AIR LIMITED
11319088
wab air limited directors
Wab Air Limited currently has 1 director, Mr Luke Lloyd-Davies serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Lloyd-Davies | England | 47 years | Apr 2018 | - | Director |
P&L
March 2024turnover
929.3k
-59%
operating profit
726.1k
0%
gross margin
15.9%
-0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.6m
-0.21%
total assets
6.9m
+0.03%
cash
6.6m
+13.45%
net assets
Total assets minus all liabilities
wab air limited company details
company number
11319088
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o cc young & co, 3rd floor,, the bloomsbury building, holborn, london, WC1A 2SL
Bank
-
Legal Advisor
-
wab air 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 wab air limited.
wab air limited Companies House Filings - See Documents
| date | description | view/download |
|---|
