waire health ltd
waire health ltd Company Information
Company Number
11323471
Next Accounts
Apr 2025
Shareholders
anne kathrina skinner
dev hurhangee
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
11th floor, landmark st peters square, manchester, M1 4PB
Website
https://www.waire.healthwaire health ltd Estimated Valuation
Pomanda estimates the enterprise value of WAIRE HEALTH LTD at £663.4k based on a Turnover of £759.9k and 0.87x industry multiple (adjusted for size and gross margin).
waire health ltd Estimated Valuation
Pomanda estimates the enterprise value of WAIRE HEALTH LTD at £0 based on an EBITDA of £-1m and a 5.33x industry multiple (adjusted for size and gross margin).
waire health ltd Estimated Valuation
Pomanda estimates the enterprise value of WAIRE HEALTH LTD at £833.1k based on Net Assets of £350.6k and 2.38x industry multiple (adjusted for liquidity).
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Waire Health Ltd Overview
Waire Health Ltd is a live company located in manchester, M1 4PB with a Companies House number of 11323471. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2018, it's largest shareholder is anne kathrina skinner with a 34.5% stake. Waire Health Ltd is a young, small sized company, Pomanda has estimated its turnover at £759.9k with rapid growth in recent years.
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Waire Health Ltd Health Check
Pomanda's financial health check has awarded Waire Health Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £759.9k, make it smaller than the average company (£3.4m)
- Waire Health Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (8.5%)
- Waire Health Ltd
8.5% - Industry AVG
Production
with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)
- Waire Health Ltd
72.2% - Industry AVG
Profitability
an operating margin of -140.6% make it less profitable than the average company (3.7%)
- Waire Health Ltd
3.7% - Industry AVG
Employees
with 8 employees, this is below the industry average (31)
8 - Waire Health Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.6k, the company has an equivalent pay structure (£66.6k)
- Waire Health Ltd
£66.6k - Industry AVG
Efficiency
resulting in sales per employee of £95k, this is less efficient (£112.5k)
- Waire Health Ltd
£112.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Waire Health Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 165 days, this is slower than average (44 days)
- Waire Health Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is more than average (13 days)
- Waire Health Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (19 weeks)
66 weeks - Waire Health Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.8%, this is a lower level of debt than the average (60.8%)
47.8% - Waire Health Ltd
60.8% - Industry AVG
WAIRE HEALTH LTD financials
Waire Health Ltd's latest turnover from July 2023 is estimated at £759.9 thousand and the company has net assets of £350.6 thousand. According to their latest financial statements, Waire Health Ltd has 8 employees and maintains cash reserves of £358.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 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 | 8 | 9 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 38,196 | 32,114 | 16,277 | 302 | 1,679 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 38,196 | 32,114 | 16,277 | 302 | 1,679 |
| Stock & work in progress | 12,722 | 20,519 | 44,468 | ||
| Trade Debtors | 18,001 | 1,175 | 124,581 | ||
| Group Debtors | |||||
| Misc Debtors | 261,801 | 226,938 | 9,467 | 42,306 | 97,948 |
| Cash | 358,931 | 61 | 1,681 | 34,942 | 9,510 |
| misc current assets | 38 | ||||
| total current assets | 633,454 | 265,519 | 56,791 | 77,248 | 232,077 |
| total assets | 671,650 | 297,633 | 73,068 | 77,550 | 233,756 |
| Bank overdraft | 12,334 | 12,978 | |||
| Bank loan | 13,064 | ||||
| Trade Creditors | 96,015 | 138,697 | 123,600 | 28,352 | 153,570 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 172,515 | 316,528 | 272,020 | 136,978 | 65,501 |
| total current liabilities | 280,864 | 468,203 | 408,684 | 165,330 | 219,071 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 40,164 | 329,788 | 158,849 | 173,527 | 100,000 |
| provisions | |||||
| total long term liabilities | 40,164 | 329,788 | 158,849 | 173,527 | 100,000 |
| total liabilities | 321,028 | 797,991 | 567,533 | 338,857 | 319,071 |
| net assets | 350,622 | -500,358 | -494,465 | -261,307 | -85,315 |
| total shareholders funds | 350,622 | -500,358 | -494,465 | -261,307 | -85,315 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 25,133 | 19,028 | 1,752 | 1,627 | |
| Amortisation | |||||
| Tax | |||||
| Stock | -7,797 | -23,949 | 44,468 | ||
| Debtors | 16,862 | 234,297 | -31,664 | -180,223 | 222,529 |
| Creditors | -42,682 | 15,097 | 95,248 | -125,218 | 153,570 |
| Accruals and Deferred Income | -144,013 | 44,508 | 135,042 | 71,477 | 65,501 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -13,064 | 13,064 | |||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -289,624 | 170,939 | -14,678 | 73,527 | 100,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 358,870 | -1,620 | -33,261 | 25,432 | 9,510 |
| overdraft | -644 | 12,978 | |||
| change in cash | 359,514 | -14,598 | -33,261 | 25,432 | 9,510 |
waire health ltd Credit Report and Business Information
Waire Health Ltd Competitor Analysis
Perform a competitor analysis for waire health ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 1 area or any other competitors across 12 key performance metrics.
waire health ltd Ownership
WAIRE HEALTH LTD group structure
Waire Health Ltd has no subsidiary companies.
Ultimate parent company
WAIRE HEALTH LTD
11323471
waire health ltd directors
Waire Health Ltd currently has 2 directors. The longest serving directors include Ms Anne Skinner (Apr 2018) and Mr Mark Beaumont (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Anne Skinner | England | 60 years | Apr 2018 | - | Director |
| Mr Mark Beaumont | United Kingdom | 42 years | Dec 2022 | - | Director |
P&L
July 2023turnover
759.9k
+69%
operating profit
-1.1m
0%
gross margin
72.2%
-1.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
350.6k
-1.7%
total assets
671.7k
+1.26%
cash
358.9k
+5883.11%
net assets
Total assets minus all liabilities
Similar Companies
waire health ltd company details
company number
11323471
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
awair health ltd (August 2020)
sentinel biosensor ltd (July 2020)
accountant
-
auditor
-
address
11th floor, landmark st peters square, manchester, M1 4PB
Bank
-
Legal Advisor
-
waire health 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 waire health ltd.
waire health 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.
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waire health ltd Companies House Filings - See Documents
| date | description | view/download |
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