Pomanda estimates the enterprise value of WE ARE FINANCE LTD at £533.7k based on a Turnover of £446.7k and 1.19x industry multiple (adjusted for size and gross margin).
we are finance ltdEstimated Valuation
£448.8k
Pomanda estimates the enterprise value of WE ARE FINANCE LTD at £448.8k based on an EBITDA of £108.8k and a 4.12x industry multiple (adjusted for size and gross margin).
we are finance ltdEstimated Valuation
£327.3k
Pomanda estimates the enterprise value of WE ARE FINANCE LTD at £327.3k based on Net Assets of £250.8k and 1.31x industry multiple (adjusted for liquidity).
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We Are Finance LtdOverview
We Are Finance Ltd is a live company located in leeds, LS1 2PW with a Companies House number of 11634439. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2018, it's largest shareholder is
melani hird
with a 50% stake. We Are Finance Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£446.7k with
unknown
growth in recent years.
Pomanda's financial health check has awarded We Are Finance Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
4 Weak
Size
annual sales of £446.7k, make it smaller than the average company (£5.6m)
£446.7k - We Are Finance Ltd
£5.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - We Are Finance Ltd
- - Industry AVG
Production
with a gross margin of 54.1%, this company has a comparable cost of product (54.1%)
54.1% - We Are Finance Ltd
54.1% - Industry AVG
Profitability
an operating margin of 24.1% make it more profitable than the average company (9.1%)
24.1% - We Are Finance Ltd
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - We Are Finance Ltd
14 - Industry AVG
Pay Structure
on an average salary of £82.7k, the company has an equivalent pay structure (£82.7k)
£82.7k - We Are Finance Ltd
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £223.3k, this is equally as efficient (£223.3k)
£223.3k - We Are Finance Ltd
£223.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - We Are Finance Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - We Are Finance Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - We Are Finance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - We Are Finance Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (71.4%)
95.3% - We Are Finance Ltd
71.4% - Industry AVG
WE ARE FINANCE LTD financials
EXPORT
We Are Finance Ltd's latest turnover from December 2023 is estimated at £446.7 thousand and the company has net assets of £250.8 thousand. According to their latest financial statements, We Are Finance Ltd has 2 employees and maintains cash reserves of £44.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Oct 2020
Oct 2019
Turnover
446,663
442,067
334,775
Other Income Or Grants
Cost Of Sales
204,901
194,375
140,150
Gross Profit
241,762
247,692
194,625
Admin Expenses
134,053
533,428
-350,458
Operating Profit
107,709
-285,736
545,083
Interest Payable
Interest Receivable
9,408
6,173
49
Pre-Tax Profit
117,117
-279,563
545,132
Tax
-29,279
-103,575
Profit After Tax
87,838
-279,563
441,557
Dividends Paid
Retained Profit
87,838
-279,563
441,557
Employee Costs
165,374
158,590
154,444
Number Of Employees
2
2
2
EBITDA*
108,849
-285,641
545,083
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Oct 2020
Oct 2019
Tangible Assets
3,326
4,466
Intangible Assets
Investments & Other
1,000
1,000
1,000
100
100
Debtors (Due After 1 year)
Total Fixed Assets
4,326
5,466
1,000
100
100
Stock & work in progress
Trade Debtors
21,313
Group Debtors
3,142,638
3,640,778
1,207,166
Misc Debtors
2,170,723
1,226,666
466,666
100
Cash
44,648
313,752
39,000
misc current assets
total current assets
5,358,009
5,181,196
1,734,145
100
total assets
5,362,335
5,186,662
1,735,145
100
100
100
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
5,109,056
5,022,168
1,291,160
other short term finances
hp & lease commitments
other current liabilities
2,447
1,500
1,428
total current liabilities
5,111,503
5,023,668
1,292,588
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,111,503
5,023,668
1,292,588
net assets
250,832
162,994
442,557
100
100
100
total shareholders funds
250,832
162,994
442,557
100
100
100
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Oct 2020
Oct 2019
Operating Activities
Operating Profit
107,709
-285,736
545,083
Depreciation
1,140
95
Amortisation
Tax
-29,279
-103,575
Stock
Debtors
445,917
3,172,299
1,695,045
100
Creditors
Accruals and Deferred Income
947
72
1,428
Deferred Taxes & Provisions
Cash flow from operations
-365,400
-3,457,868
-1,252,109
-100
Investing Activities
capital expenditure
-4,561
Change in Investments
1,000
-100
100
cash flow from investments
-4,561
-1,000
100
-100
Financing Activities
Bank loans
Group/Directors Accounts
86,888
3,731,008
1,291,160
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
900
100
interest
9,408
6,173
49
cash flow from financing
96,296
3,737,181
1,292,109
100
cash and cash equivalents
cash
-269,104
274,752
39,000
overdraft
change in cash
-269,104
274,752
39,000
we are finance ltd 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 we are finance ltd. Get real-time insights into we are finance ltd's credit score, group structure and payment trends.
Perform a competitor analysis for we are finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LS1 area or any other competitors across 12 key performance metrics.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
DUNCAN CHARTERED ACCOUNTANTS
auditor
-
address
park house park square west, leeds, LS1 2PW
Bank
-
Legal Advisor
-
we are finance 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 we are finance ltd.
we are finance 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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we are finance ltdCompanies House Filings - See Documents
