70 wilson street tenant limited
70 wilson street tenant limited Company Information
Company Number
11326523
Next Accounts
Feb 2025
Shareholders
wework international limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
10 york road, london, SE1 7ND
Website
https://www.wework.com70 wilson street tenant limited Estimated Valuation
Pomanda estimates the enterprise value of 70 WILSON STREET TENANT LIMITED at £15.3m based on a Turnover of £4.1m and 3.74x industry multiple (adjusted for size and gross margin).
70 wilson street tenant limited Estimated Valuation
Pomanda estimates the enterprise value of 70 WILSON STREET TENANT LIMITED at £0 based on an EBITDA of £-2.3m and a 7.4x industry multiple (adjusted for size and gross margin).
70 wilson street tenant limited Estimated Valuation
Pomanda estimates the enterprise value of 70 WILSON STREET TENANT LIMITED at £0 based on Net Assets of £-49.1m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
70 Wilson Street Tenant Limited Overview
70 Wilson Street Tenant Limited is a dissolved company that was located in london, SE1 7ND with a Companies House number of 11326523. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2018, it's largest shareholder was wework international limited with a 100% stake. The last turnover for 70 Wilson Street Tenant Limited was estimated at £4.1m.
Upgrade for unlimited company reports & a free credit check
70 Wilson Street Tenant Limited Health Check
Pomanda's financial health check has awarded 70 Wilson Street Tenant Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
2 Weak
Size
annual sales of £4.1m, make it larger than the average company (£871k)
- 70 Wilson Street Tenant Limited
£871k - Industry AVG
Growth
3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (1.3%)
- 70 Wilson Street Tenant Limited
1.3% - Industry AVG
Production
with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)
- 70 Wilson Street Tenant Limited
70.6% - Industry AVG
Profitability
an operating margin of -55.4% make it less profitable than the average company (34.6%)
- 70 Wilson Street Tenant Limited
34.6% - Industry AVG
Employees
with 23 employees, this is above the industry average (4)
- 70 Wilson Street Tenant Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- 70 Wilson Street Tenant Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £178.2k, this is equally as efficient (£185.9k)
- 70 Wilson Street Tenant Limited
£185.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 70 Wilson Street Tenant Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 399 days, this is slower than average (34 days)
- 70 Wilson Street Tenant Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 70 Wilson Street Tenant Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 70 Wilson Street Tenant Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6358.5%, this is a higher level of debt than the average (69.5%)
6358.5% - 70 Wilson Street Tenant Limited
69.5% - Industry AVG
70 WILSON STREET TENANT LIMITED financials
70 Wilson Street Tenant Limited's latest turnover from December 2022 is estimated at £4.1 million and the company has net assets of -£49.1 million. According to their latest financial statements, we estimate that 70 Wilson Street Tenant Limited has 23 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| 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 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 29,559,999 | 35,959,603 | 6,841,571 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 90,906 | 1,152,441 |
| Total Fixed Assets | 0 | 0 | 29,559,999 | 36,050,509 | 7,994,012 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 26,863 | 136,938 | 62,979 | 21,595 |
| Group Debtors | 15,790 | 15,789 | 133,614 | 448,058 | 0 |
| Misc Debtors | 769,046 | 1,421,747 | 451,871 | 1,370,935 | 3,246,772 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 784,836 | 1,464,399 | 722,423 | 1,881,972 | 3,268,367 |
| total assets | 784,836 | 1,464,399 | 30,282,422 | 37,932,481 | 11,262,379 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,317,259 | 537,824 | 2,360 | 44,977 | 17,347 |
| Group/Directors Accounts | 7,469,538 | 3,624,537 | 1,737,916 | 685,228 | 1,524,859 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,435,016 | 2,399,804 | 379,815 | 419,259 | 0 |
| other current liabilities | 431,926 | 464,479 | 612,946 | 1,298,283 | 1,457,208 |
| total current liabilities | 10,653,739 | 7,026,644 | 2,733,037 | 2,447,747 | 2,999,414 |
| loans | 12,375,545 | 11,684,880 | 10,570,909 | 10,592,013 | 9,428,964 |
| hp & lease commitments | 26,664,430 | 28,303,230 | 29,739,236 | 30,161,590 | 728,984 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 210,382 | 156,193 | 149,003 | 240,098 | 224,988 |
| total long term liabilities | 39,250,357 | 40,144,303 | 40,459,148 | 40,993,701 | 10,382,936 |
| total liabilities | 49,904,096 | 47,170,947 | 43,192,185 | 43,441,448 | 13,382,350 |
| net assets | -49,119,260 | -45,706,548 | -12,909,763 | -5,508,967 | -2,119,971 |
| total shareholders funds | -49,119,260 | -45,706,548 | -12,909,763 | -5,508,967 | -2,119,971 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 464,965 | 498,229 | 484,993 | 39,593 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -679,563 | 741,976 | -1,250,455 | -2,447,930 | 4,420,808 |
| Creditors | 779,435 | 535,464 | -42,617 | 27,630 | 17,347 |
| Accruals and Deferred Income | -32,553 | -148,467 | -685,337 | -158,925 | 1,457,208 |
| Deferred Taxes & Provisions | 54,189 | 7,190 | -91,095 | 15,110 | 224,988 |
| 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 | 3,845,001 | 1,886,621 | 1,052,688 | -839,631 | 1,524,859 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 690,665 | 1,113,971 | -21,104 | 1,163,049 | 9,428,964 |
| Hire Purchase and Lease Commitments | -2,603,588 | 583,983 | -461,798 | 29,851,865 | 728,984 |
| 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 |
70 wilson street tenant limited Credit Report and Business Information
70 Wilson Street Tenant Limited Competitor Analysis
Perform a competitor analysis for 70 wilson street tenant limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in SE1 area or any other competitors across 12 key performance metrics.
70 wilson street tenant limited Ownership
70 WILSON STREET TENANT LIMITED group structure
70 Wilson Street Tenant Limited has no subsidiary companies.
Ultimate parent company
WEWORK INC
#0100622
2 parents
70 WILSON STREET TENANT LIMITED
11326523
70 wilson street tenant limited directors
70 Wilson Street Tenant Limited currently has 2 directors. The longest serving directors include Miss Robyn Bremner (Jan 2024) and Mr Claudio Saez (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Robyn Bremner | United Kingdom | 42 years | Jan 2024 | - | Director |
| Mr Claudio Saez | 54 years | Jan 2024 | - | Director |
P&L
December 2022turnover
4.1m
+546%
operating profit
-2.3m
0%
gross margin
70.7%
+3.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-49.1m
+0.07%
total assets
784.8k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
70 wilson street tenant limited company details
company number
11326523
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
wework uk leaseco i limited (June 2018)
wework leaseco i limited (May 2018)
accountant
RSM UK AUDIT LLP
auditor
-
address
10 york road, london, SE1 7ND
Bank
-
Legal Advisor
-
70 wilson street tenant 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 70 wilson street tenant limited.
70 wilson street tenant limited 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.
Click to start generating capital raising & share issue transactions for 70 WILSON STREET TENANT LIMITED. This can take several minutes, an email will notify you when this has completed.
70 wilson street tenant limited Companies House Filings - See Documents
| date | description | view/download |
|---|
