wearthde limited
wearthde limited Company Information
Company Number
11659195
Next Accounts
Jan 2026
Shareholders
adam taub
rebecca taub
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
39 linden lea, london, N2 0RF
Website
-wearthde limited Estimated Valuation
Pomanda estimates the enterprise value of WEARTHDE LIMITED at £405.9k based on a Turnover of £127.6k and 3.18x industry multiple (adjusted for size and gross margin).
wearthde limited Estimated Valuation
Pomanda estimates the enterprise value of WEARTHDE LIMITED at £2.7m based on an EBITDA of £416.3k and a 6.49x industry multiple (adjusted for size and gross margin).
wearthde limited Estimated Valuation
Pomanda estimates the enterprise value of WEARTHDE LIMITED at £4.7m based on Net Assets of £2.8m and 1.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wearthde Limited Overview
Wearthde Limited is a live company located in london, N2 0RF with a Companies House number of 11659195. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2018, it's largest shareholder is adam taub with a 49.5% stake. Wearthde Limited is a young, micro sized company, Pomanda has estimated its turnover at £127.6k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wearthde Limited Health Check
Pomanda's financial health check has awarded Wearthde Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £127.6k, make it smaller than the average company (£851.7k)
- Wearthde Limited
£851.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.4%)
- Wearthde Limited
4.4% - Industry AVG
Production
with a gross margin of 71.5%, this company has a comparable cost of product (71.5%)
- Wearthde Limited
71.5% - Industry AVG
Profitability
an operating margin of 315.8% make it more profitable than the average company (27.2%)
- Wearthde Limited
27.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Wearthde Limited
4 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Wearthde Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £63.8k, this is less efficient (£186k)
- Wearthde Limited
£186k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (28 days)
- Wearthde Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wearthde Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wearthde Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Wearthde Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.5%, this is a similar level of debt than the average (67.2%)
72.5% - Wearthde Limited
67.2% - Industry AVG
WEARTHDE LIMITED financials
Wearthde Limited's latest turnover from April 2024 is estimated at £127.6 thousand and the company has net assets of £2.8 million. According to their latest financial statements, Wearthde Limited has 2 employees and maintains cash reserves of £22.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 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 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 10,189,987 | 10,254,064 | 9,848,268 | 9,170,194 | ||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 10,189,987 | 10,254,064 | 9,848,268 | 9,170,194 | ||
| Stock & work in progress | ||||||
| Trade Debtors | 22 | 22 | 1 | |||
| Group Debtors | ||||||
| Misc Debtors | 3,748 | |||||
| Cash | 22,287 | 35,742 | 217,283 | 640,566 | 1,951 | |
| misc current assets | ||||||
| total current assets | 22,309 | 35,764 | 217,283 | 644,314 | 1,951 | 1 |
| total assets | 10,212,296 | 10,289,828 | 10,065,551 | 9,814,508 | 1,951 | 1 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | 5,873,405 | 4,972,260 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 81,699 | 41,207 | 4,459,002 | 3,972,302 | 1,950 | |
| total current liabilities | 5,955,104 | 5,013,467 | 4,459,002 | 3,972,302 | 1,950 | |
| loans | 1,425,524 | 2,582,749 | 3,037,127 | 3,337,127 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 18,758 | 15,031 | 1,986 | 500 | ||
| total long term liabilities | 1,444,282 | 2,597,780 | 3,039,113 | 3,337,627 | ||
| total liabilities | 7,399,386 | 7,611,247 | 7,498,115 | 7,309,929 | 1,950 | |
| net assets | 2,812,910 | 2,678,581 | 2,567,436 | 2,504,579 | 1 | 1 |
| total shareholders funds | 2,812,910 | 2,678,581 | 2,567,436 | 2,504,579 | 1 | 1 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 13,241 | 13,960 | 1,844 | 464 | ||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 22 | -3,748 | 3,748 | -1 | 1 | |
| Creditors | ||||||
| Accruals and Deferred Income | 40,492 | -4,417,795 | 486,700 | 3,970,352 | 1,950 | |
| Deferred Taxes & Provisions | 3,727 | 13,045 | 1,486 | 500 | ||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 901,145 | 4,972,260 | ||||
| Other Short Term Loans | ||||||
| Long term loans | -1,157,225 | -454,378 | -300,000 | 3,337,127 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -13,455 | -181,541 | -423,283 | 638,615 | 1,951 | |
| overdraft | ||||||
| change in cash | -13,455 | -181,541 | -423,283 | 638,615 | 1,951 |
wearthde limited Credit Report and Business Information
Wearthde Limited Competitor Analysis
Perform a competitor analysis for wearthde limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 2 area or any other competitors across 12 key performance metrics.
wearthde limited Ownership
WEARTHDE LIMITED group structure
Wearthde Limited has no subsidiary companies.
Ultimate parent company
WEARTHDE LIMITED
11659195
wearthde limited directors
Wearthde Limited currently has 2 directors. The longest serving directors include Mr Adam Taub (Nov 2018) and Mrs Rebecca Taub (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Taub | England | 60 years | Nov 2018 | - | Director |
| Mrs Rebecca Taub | England | 56 years | Jan 2021 | - | Director |
P&L
April 2024turnover
127.6k
+1%
operating profit
403k
0%
gross margin
71.6%
+1.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.8m
+0.05%
total assets
10.2m
-0.01%
cash
22.3k
-0.38%
net assets
Total assets minus all liabilities
Similar Companies
wearthde limited company details
company number
11659195
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
39 linden lea, london, N2 0RF
Bank
-
Legal Advisor
-
wearthde 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 wearthde limited.
wearthde 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 WEARTHDE LIMITED. This can take several minutes, an email will notify you when this has completed.
wearthde limited Companies House Filings - See Documents
| date | description | view/download |
|---|
