well technologies ltd
well technologies ltd Company Information
Company Number
11371292
Website
https://welldatatech.comRegistered Address
67 wellington road, edgbaston, birmingham, B15 2ET
Industry
Management consultancy activities (other than financial management)
Other information technology and computer service activities
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
jonathan daryn govender 33.5%
jaivir singh pall 33.5%
View Allwell technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of WELL TECHNOLOGIES LTD at £59k based on a Turnover of £121k and 0.49x industry multiple (adjusted for size and gross margin).
well technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of WELL TECHNOLOGIES LTD at £0 based on an EBITDA of £-56.4k and a 3.44x industry multiple (adjusted for size and gross margin).
well technologies ltd Estimated Valuation
Pomanda estimates the enterprise value of WELL TECHNOLOGIES LTD at £42.1k based on Net Assets of £16.9k and 2.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Well Technologies Ltd Overview
Well Technologies Ltd is a live company located in birmingham, B15 2ET with a Companies House number of 11371292. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2018, it's largest shareholder is jonathan daryn govender with a 33.5% stake. Well Technologies Ltd is a young, micro sized company, Pomanda has estimated its turnover at £121k with declining growth in recent years.
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Well Technologies Ltd Health Check
Pomanda's financial health check has awarded Well Technologies Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £121k, make it smaller than the average company (£3.4m)
- Well Technologies Ltd
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (6.3%)
- Well Technologies Ltd
6.3% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (52.5%)
- Well Technologies Ltd
52.5% - Industry AVG
Profitability
an operating margin of -46.6% make it less profitable than the average company (6.1%)
- Well Technologies Ltd
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Well Technologies Ltd
22 - Industry AVG
Pay Structure
on an average salary of £54.9k, the company has an equivalent pay structure (£54.9k)
- Well Technologies Ltd
£54.9k - Industry AVG
Efficiency
resulting in sales per employee of £60.5k, this is less efficient (£135.7k)
- Well Technologies Ltd
£135.7k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is earlier than average (64 days)
- Well Technologies Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 522 days, this is slower than average (32 days)
- Well Technologies Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Well Technologies Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Well Technologies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a higher level of debt than the average (59.7%)
88.6% - Well Technologies Ltd
59.7% - Industry AVG
WELL TECHNOLOGIES LTD financials
Well Technologies Ltd's latest turnover from May 2023 is estimated at £121 thousand and the company has net assets of £16.9 thousand. According to their latest financial statements, Well Technologies Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 4 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 132,795 | 132,957 | 41,728 | 1,127 | 281 |
| 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 | 132,795 | 132,957 | 41,728 | 1,127 | 281 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,099 | 42,425 | 59,006 | 79,369 | 38,953 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 600 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,099 | 42,425 | 59,006 | 79,369 | 39,553 |
| total assets | 147,894 | 175,382 | 100,734 | 80,496 | 39,834 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 128,428 | 99,511 | 79,024 | 51,245 | 24,765 |
| 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 | 0 | 0 | 0 |
| total current liabilities | 128,428 | 99,511 | 79,024 | 51,245 | 24,765 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,050 |
| other liabilities | 2,536 | 2,536 | 2,258 | 971 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,536 | 2,536 | 2,258 | 971 | 1,050 |
| total liabilities | 130,964 | 102,047 | 81,282 | 52,216 | 25,815 |
| net assets | 16,930 | 73,335 | 19,452 | 28,280 | 14,019 |
| total shareholders funds | 16,930 | 73,335 | 19,452 | 28,280 | 14,019 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -27,326 | -16,581 | -20,363 | 39,816 | 39,553 |
| Creditors | 28,917 | 20,487 | 27,779 | 26,480 | 24,765 |
| Accruals and Deferred Income | 0 | 0 | 0 | -1,050 | 1,050 |
| 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 | 278 | 1,287 | 971 | 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 |
well technologies ltd Credit Report and Business Information
Well Technologies Ltd Competitor Analysis
Perform a competitor analysis for well technologies ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B15 area or any other competitors across 12 key performance metrics.
well technologies ltd Ownership
WELL TECHNOLOGIES LTD group structure
Well Technologies Ltd has no subsidiary companies.
Ultimate parent company
WELL TECHNOLOGIES LTD
11371292
well technologies ltd directors
Well Technologies Ltd currently has 4 directors. The longest serving directors include Mr Jaivir Pall (May 2018) and Jonathan Govender (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jaivir Pall | United Kingdom | 33 years | May 2018 | - | Director |
| Jonathan Govender | England | 37 years | May 2018 | - | Director |
| Mr Omar Daniel | England | 34 years | May 2020 | - | Director |
| Dr Navnit Pall | 64 years | May 2020 | - | Director |
P&L
May 2023turnover
121k
-25%
operating profit
-56.4k
0%
gross margin
25.9%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
16.9k
-0.77%
total assets
147.9k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
well technologies ltd company details
company number
11371292
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
62090 - Other information technology and computer service activities
incorporation date
May 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
67 wellington road, edgbaston, birmingham, B15 2ET
accountant
TAXASSIST ACCOUNTANTS VICTORIA
auditor
-
well technologies 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 well technologies ltd.
well technologies ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
