Pomanda estimates the enterprise value of WATCH BRACELET REPAIR LIMITED at £8k based on a Turnover of £36.6k and 0.22x industry multiple (adjusted for size and gross margin).
watch bracelet repair limitedEstimated Valuation
£4.8k
Pomanda estimates the enterprise value of WATCH BRACELET REPAIR LIMITED at £4.8k based on an EBITDA of £2.7k and a 1.79x industry multiple (adjusted for size and gross margin).
watch bracelet repair limitedEstimated Valuation
£5.6k
Pomanda estimates the enterprise value of WATCH BRACELET REPAIR LIMITED at £5.6k based on Net Assets of £2.3k and 2.47x industry multiple (adjusted for liquidity).
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Watch Bracelet Repair LimitedOverview
Watch Bracelet Repair Limited is a live company located in london, WC2H 9JQ with a Companies House number of 11585620. It operates in the repair of watches, clocks and jewellery sector, SIC Code 95250. Founded in September 2018, it's largest shareholder is
neil bates
with a 100% stake. Watch Bracelet Repair Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£36.6k with
high
growth in recent years.
Pomanda's financial health check has awarded Watch Bracelet Repair Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £36.6k, make it smaller than the average company (£116.7k)
£36.6k - Watch Bracelet Repair Limited
£116.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.6%)
25% - Watch Bracelet Repair Limited
5.6% - Industry AVG
Production
with a gross margin of 25.5%, this company has a higher cost of product (45%)
25.5% - Watch Bracelet Repair Limited
45% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (3.2%)
7.3% - Watch Bracelet Repair Limited
3.2% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Watch Bracelet Repair Limited
2 - Industry AVG
Pay Structure
on an average salary of £18.5k, the company has an equivalent pay structure (£18.5k)
£18.5k - Watch Bracelet Repair Limited
£18.5k - Industry AVG
Efficiency
resulting in sales per employee of £18.3k, this is less efficient (£79.8k)
£18.3k - Watch Bracelet Repair Limited
£79.8k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (57 days)
70 days - Watch Bracelet Repair Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (36 days)
68 days - Watch Bracelet Repair Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Watch Bracelet Repair Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Watch Bracelet Repair Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a similar level of debt than the average (72.3%)
71.2% - Watch Bracelet Repair Limited
72.3% - Industry AVG
WATCH BRACELET REPAIR LIMITED financials
EXPORT
Watch Bracelet Repair Limited's latest turnover from September 2024 is estimated at £36.7 thousand and the company has net assets of £2.3 thousand. According to their latest financial statements, Watch Bracelet Repair Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Turnover
36,650
81,616
214,847
18,697
18,272
859
Other Income Or Grants
Cost Of Sales
27,315
37,907
113,481
6,677
13,022
656
Gross Profit
9,334
43,709
101,366
12,021
5,251
203
Admin Expenses
6,649
43,378
98,228
7,190
8,529
3,164
Operating Profit
2,685
331
3,138
4,831
-3,278
-2,961
Interest Payable
122
122
Interest Receivable
3
4
8
Pre-Tax Profit
2,685
331
3,138
4,712
-3,396
-2,953
Tax
-671
-83
-596
-895
Profit After Tax
2,014
248
2,542
3,817
-3,396
-2,953
Dividends Paid
Retained Profit
2,014
248
2,542
3,817
-3,396
-2,953
Employee Costs
36,955
30,447
12,207
20,140
14,178
24,950
Number Of Employees
2
2
1
1
1
1
EBITDA*
2,685
331
3,138
5,691
-2,202
-2,436
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Tangible Assets
768
1,722
3,442
3,442
4,302
2,100
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
768
1,722
3,442
3,442
4,302
2,100
Stock & work in progress
Trade Debtors
7,112
4,813
7,320
6,557
Group Debtors
Misc Debtors
647
Cash
5,792
2,164
misc current assets
total current assets
7,112
4,813
7,320
6,557
5,792
2,811
total assets
7,880
6,535
10,762
9,999
10,094
4,911
Bank overdraft
Bank loan
Trade Creditors
5,108
6,277
10,752
9,485
660
360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
11,782
7,503
total current liabilities
5,108
6,277
10,752
9,485
12,442
7,863
loans
4,000
hp & lease commitments
Accruals and Deferred Income
500
other liabilities
3,046
provisions
total long term liabilities
500
3,046
4,000
total liabilities
5,608
6,277
10,752
12,531
16,442
7,863
net assets
2,272
258
10
-2,532
-6,348
-2,952
total shareholders funds
2,272
258
10
-2,532
-6,348
-2,952
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Operating Activities
Operating Profit
2,685
331
3,138
4,831
-3,278
-2,961
Depreciation
860
1,076
525
Amortisation
Tax
-671
-83
-596
-895
Stock
Debtors
2,299
-2,507
763
6,557
-647
647
Creditors
-1,169
-4,475
1,267
8,825
300
360
Accruals and Deferred Income
500
-11,782
4,279
7,503
Deferred Taxes & Provisions
Cash flow from operations
-954
-1,720
3,046
-4,718
3,024
4,780
Investing Activities
capital expenditure
954
1,720
-3,278
-2,625
Change in Investments
cash flow from investments
954
1,720
-3,278
-2,625
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-4,000
4,000
Hire Purchase and Lease Commitments
other long term liabilities
-3,046
3,046
share issue
-1
1
interest
-119
-118
8
cash flow from financing
-3,046
-1,074
3,882
9
cash and cash equivalents
cash
-5,792
3,628
2,164
overdraft
change in cash
-5,792
3,628
2,164
watch bracelet repair limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for watch bracelet repair limited. Get real-time insights into watch bracelet repair limited's credit score, group structure and payment trends.
Perform a competitor analysis for watch bracelet repair limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
watch bracelet repair limited Ownership
WATCH BRACELET REPAIR LIMITED group structure
Watch Bracelet Repair Limited has no subsidiary companies.
Ultimate parent company
WATCH BRACELET REPAIR LIMITED
11585620
WATCH BRACELET REPAIR LIMITED Shareholders
The sole shareholder of Watch Bracelet Repair Limited is Neil Bates.
neil bates
100%
watch bracelet repair limited directors
Watch Bracelet Repair Limited currently has 2 directors.
The longest serving directors include
Mr Neil Bates (Jan 2021) and
Mrs Fiona Bates (Feb 2024).
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 watch bracelet repair limited.
watch bracelet repair 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.
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watch bracelet repair limitedCompanies House Filings - See Documents
