work gpu ltd
work gpu ltd Company Information
Company Number
11343301
Next Accounts
May 2025
Shareholders
john athwal
dean tobie
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
ardeifi new street, lampeter, SA48 7AL
Website
cumulus1.networkwork gpu ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK GPU LTD at £148.7k based on a Turnover of £135.6k and 1.1x industry multiple (adjusted for size and gross margin).
work gpu ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK GPU LTD at £0 based on an EBITDA of £0 and a 4.32x industry multiple (adjusted for size and gross margin).
work gpu ltd Estimated Valuation
Pomanda estimates the enterprise value of WORK GPU LTD at £0 based on Net Assets of £-239.6k and 2.24x industry multiple (adjusted for liquidity).
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Work Gpu Ltd Overview
Work Gpu Ltd is a live company located in lampeter, SA48 7AL with a Companies House number of 11343301. It operates in the other software publishing sector, SIC Code 58290. Founded in May 2018, it's largest shareholder is john athwal with a 46.4% stake. Work Gpu Ltd is a young, micro sized company, Pomanda has estimated its turnover at £135.6k with declining growth in recent years.
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Work Gpu Ltd Health Check
Pomanda's financial health check has awarded Work Gpu Ltd a 1.5 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
1 Regular
6 Weak
Size
annual sales of £135.6k, make it smaller than the average company (£5.3m)
- Work Gpu Ltd
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (6.4%)
- Work Gpu Ltd
6.4% - Industry AVG
Production
with a gross margin of 46.7%, this company has a higher cost of product (73.7%)
- Work Gpu Ltd
73.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Work Gpu Ltd
- - Industry AVG
Employees
with 2 employees, this is below the industry average (37)
2 - Work Gpu Ltd
37 - Industry AVG
Pay Structure
on an average salary of £82.6k, the company has an equivalent pay structure (£82.6k)
- Work Gpu Ltd
£82.6k - Industry AVG
Efficiency
resulting in sales per employee of £67.8k, this is less efficient (£154.5k)
- Work Gpu Ltd
£154.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (59 days)
- Work Gpu Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 1299 days, this is slower than average (37 days)
- Work Gpu Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Work Gpu Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Work Gpu Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1461.8%, this is a higher level of debt than the average (60.1%)
1461.8% - Work Gpu Ltd
60.1% - Industry AVG
WORK GPU LTD financials
Work Gpu Ltd's latest turnover from August 2023 is estimated at £135.6 thousand and the company has net assets of -£239.6 thousand. According to their latest financial statements, Work Gpu Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 3 | 2 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,592 | 38,998 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 36,945 | 26,891 | 14,484 |
| Cash | 0 | 0 | 10,841 | 14,810 | 38 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,592 | 38,998 | 47,786 | 41,701 | 14,522 |
| total assets | 17,592 | 38,998 | 47,786 | 41,701 | 14,522 |
| Bank overdraft | 0 | 0 | 35,503 | 37,500 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 257,163 | 278,569 | 0 | 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 | 0 | 0 | 222,850 | 210,299 | 150,000 |
| total current liabilities | 257,163 | 278,569 | 258,353 | 247,799 | 150,000 |
| 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 | 257,163 | 278,569 | 258,353 | 247,799 | 150,000 |
| net assets | -239,571 | -239,571 | -210,567 | -206,098 | -135,478 |
| total shareholders funds | -239,571 | -239,571 | -210,567 | -206,098 | -135,478 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -21,406 | 2,053 | 10,054 | 12,407 | 14,484 |
| Creditors | -21,406 | 278,569 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -222,850 | 12,551 | 60,299 | 150,000 |
| 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 | -10,841 | -3,969 | 14,772 | 38 |
| overdraft | 0 | -35,503 | -1,997 | 37,500 | 0 |
| change in cash | 0 | 24,662 | -1,972 | -22,728 | 38 |
work gpu ltd Credit Report and Business Information
Work Gpu Ltd Competitor Analysis
Perform a competitor analysis for work gpu ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SA48 area or any other competitors across 12 key performance metrics.
work gpu ltd Ownership
WORK GPU LTD group structure
Work Gpu Ltd has no subsidiary companies.
Ultimate parent company
WORK GPU LTD
11343301
work gpu ltd directors
Work Gpu Ltd currently has 2 directors. The longest serving directors include Mr Dean Tobie (May 2018) and Mr Daniel Gallimore (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Tobie | England | 38 years | May 2018 | - | Director |
| Mr Daniel Gallimore | England | 44 years | Aug 2022 | - | Director |
P&L
August 2023turnover
135.6k
-33%
operating profit
0
0%
gross margin
46.8%
+2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-239.6k
0%
total assets
17.6k
-0.55%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
work gpu ltd company details
company number
11343301
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
cumulus1 limited (October 2022)
accountant
-
auditor
-
address
ardeifi new street, lampeter, SA48 7AL
Bank
-
Legal Advisor
-
work gpu 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 work gpu ltd.
work gpu 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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work gpu ltd Companies House Filings - See Documents
| date | description | view/download |
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