workingbay limited
workingbay limited Company Information
Company Number
11554083
Next Accounts
1307 days late
Industry
Business and domestic software development
Directors
Shareholders
farukh manzoor
Group Structure
View All
Contact
Registered Address
gill house 140 holyhead road, birmingham, west midlands, B21 0AF
Website
-workingbay limited Estimated Valuation
Pomanda estimates the enterprise value of WORKINGBAY LIMITED at £39.1k based on a Turnover of £56.1k and 0.7x industry multiple (adjusted for size and gross margin).
workingbay limited Estimated Valuation
Pomanda estimates the enterprise value of WORKINGBAY LIMITED at £4.6k based on an EBITDA of £1.1k and a 4.19x industry multiple (adjusted for size and gross margin).
workingbay limited Estimated Valuation
Pomanda estimates the enterprise value of WORKINGBAY LIMITED at £2.1k based on Net Assets of £894 and 2.37x industry multiple (adjusted for liquidity).
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Workingbay Limited Overview
Workingbay Limited is a live company located in west midlands, B21 0AF with a Companies House number of 11554083. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2018, it's largest shareholder is farukh manzoor with a 100% stake. Workingbay Limited is a young, micro sized company, Pomanda has estimated its turnover at £56.1k with unknown growth in recent years.
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Workingbay Limited Health Check
Pomanda's financial health check has awarded Workingbay Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £56.1k, make it smaller than the average company (£1.5m)
- Workingbay Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Workingbay Limited
- - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (74.3%)
- Workingbay Limited
74.3% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (5.4%)
- Workingbay Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
2 - Workingbay Limited
32 - Industry AVG
Pay Structure
on an average salary of £59.3k, the company has an equivalent pay structure (£59.3k)
- Workingbay Limited
£59.3k - Industry AVG
Efficiency
resulting in sales per employee of £28k, this is less efficient (£104k)
- Workingbay Limited
£104k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (69 days)
- Workingbay Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (50 days)
- Workingbay Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Workingbay Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Workingbay Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.9%, this is a higher level of debt than the average (61.2%)
72.9% - Workingbay Limited
61.2% - Industry AVG
WORKINGBAY LIMITED financials
Workingbay Limited's latest turnover from September 2019 is estimated at £56.1 thousand and the company has net assets of £894. According to their latest financial statements, Workingbay Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | |
|---|---|
| Tangible Assets | 2,050 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 2,050 |
| Stock & work in progress | 0 |
| Trade Debtors | 1,254 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 1,254 |
| total assets | 3,304 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 2,410 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 2,410 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 2,410 |
| net assets | 894 |
| total shareholders funds | 894 |
| Sep 2019 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 1,254 |
| Creditors | 2,410 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
workingbay limited Credit Report and Business Information
Workingbay Limited Competitor Analysis
Perform a competitor analysis for workingbay limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in B21 area or any other competitors across 12 key performance metrics.
workingbay limited Ownership
WORKINGBAY LIMITED group structure
Workingbay Limited has no subsidiary companies.
Ultimate parent company
WORKINGBAY LIMITED
11554083
workingbay limited directors
Workingbay Limited currently has 1 director, Mr Farukh Manzoor serving since Oct 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Farukh Manzoor | England | 44 years | Oct 2021 | - | Director |
P&L
September 2019turnover
56.1k
0%
operating profit
1.1k
0%
gross margin
42.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
894
0%
total assets
3.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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workingbay limited company details
company number
11554083
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2019
previous names
b2c systematic limited (January 2019)
accountant
-
auditor
-
address
gill house 140 holyhead road, birmingham, west midlands, B21 0AF
Bank
-
Legal Advisor
-
workingbay 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 workingbay limited.
workingbay 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 WORKINGBAY LIMITED. This can take several minutes, an email will notify you when this has completed.
workingbay limited Companies House Filings - See Documents
| date | description | view/download |
|---|
