homework workspace limited
homework workspace limited Company Information
Company Number
11674420
Next Accounts
101 days late
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
rohini finch
claire tucker
View AllGroup Structure
View All
Contact
Registered Address
14 ellerton road, london, SW18 3NN
Website
www.homeworkworkspace.comhomework workspace limited Estimated Valuation
Pomanda estimates the enterprise value of HOMEWORK WORKSPACE LIMITED at £4.7m based on a Turnover of £2m and 2.41x industry multiple (adjusted for size and gross margin).
homework workspace limited Estimated Valuation
Pomanda estimates the enterprise value of HOMEWORK WORKSPACE LIMITED at £0 based on an EBITDA of £-587.5k and a 4.96x industry multiple (adjusted for size and gross margin).
homework workspace limited Estimated Valuation
Pomanda estimates the enterprise value of HOMEWORK WORKSPACE LIMITED at £0 based on Net Assets of £-1.4m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Homework Workspace Limited Overview
Homework Workspace Limited is a live company located in london, SW18 3NN with a Companies House number of 11674420. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2018, it's largest shareholder is rohini finch with a 51% stake. Homework Workspace Limited is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Homework Workspace Limited Health Check
Pomanda's financial health check has awarded Homework Workspace Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £2m, make it larger than the average company (£870.4k)
- Homework Workspace Limited
£870.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 120%, show it is growing at a faster rate (1.3%)
- Homework Workspace Limited
1.3% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (70.6%)
- Homework Workspace Limited
70.6% - Industry AVG
Profitability
an operating margin of -35.8% make it less profitable than the average company (34.9%)
- Homework Workspace Limited
34.9% - Industry AVG
Employees
with 22 employees, this is above the industry average (4)
22 - Homework Workspace Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Homework Workspace Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £89.2k, this is less efficient (£186k)
- Homework Workspace Limited
£186k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (34 days)
- Homework Workspace Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 697 days, this is slower than average (34 days)
- Homework Workspace Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Homework Workspace Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Homework Workspace Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195.9%, this is a higher level of debt than the average (69.7%)
195.9% - Homework Workspace Limited
69.7% - Industry AVG
HOMEWORK WORKSPACE LIMITED financials
Homework Workspace Limited's latest turnover from December 2022 is estimated at £2 million and the company has net assets of -£1.4 million. According to their latest financial statements, Homework Workspace Limited has 22 employees and maintains cash reserves of £197.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 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 | 22 | 14 | 8 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Tangible Assets | 917,700 | 549,030 | 35,877 | 29,603 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 917,700 | 549,030 | 35,877 | 29,603 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 325,558 | 297,894 | 41,919 | 37,418 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 43,948 | 0 | 857 |
| Cash | 197,479 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 523,037 | 341,842 | 41,919 | 38,275 |
| total assets | 1,440,737 | 890,872 | 77,796 | 67,878 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,821,975 | 59,560 | 619 | 934 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 2,821,975 | 59,560 | 619 | 934 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 27,445 | 0 | 0 |
| other liabilities | 0 | 1,486,879 | 239,790 | 164,790 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 1,514,324 | 239,790 | 164,790 |
| total liabilities | 2,821,975 | 1,573,884 | 240,409 | 165,724 |
| net assets | -1,381,238 | -683,012 | -162,613 | -97,846 |
| total shareholders funds | -1,381,238 | -683,012 | -162,613 | -97,846 |
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 114,194 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -16,284 | 299,923 | 3,644 | 38,275 |
| Creditors | 2,762,415 | 58,941 | -315 | 934 |
| Accruals and Deferred Income | -27,445 | 27,445 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,486,879 | 1,247,089 | 75,000 | 164,790 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 197,479 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 197,479 | 0 | 0 | 0 |
homework workspace limited Credit Report and Business Information
Homework Workspace Limited Competitor Analysis
Perform a competitor analysis for homework workspace limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW18 area or any other competitors across 12 key performance metrics.
homework workspace limited Ownership
HOMEWORK WORKSPACE LIMITED group structure
Homework Workspace Limited has no subsidiary companies.
Ultimate parent company
HOMEWORK WORKSPACE LIMITED
11674420
homework workspace limited directors
Homework Workspace Limited currently has 4 directors. The longest serving directors include Mr Samuel Tucker (Nov 2018) and Mrs Claire Tucker (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samuel Tucker | England | 40 years | Nov 2018 | - | Director |
| Mrs Claire Tucker | England | 45 years | Nov 2018 | - | Director |
| Mr Robert Finch | England | 71 years | Feb 2021 | - | Director |
| Mrs Rohini Finch | United Kingdom | 61 years | Feb 2021 | - | Director |
P&L
December 2022turnover
2m
+101%
operating profit
-701.7k
0%
gross margin
24.8%
+3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.4m
+1.02%
total assets
1.4m
+0.62%
cash
197.5k
0%
net assets
Total assets minus all liabilities
homework workspace limited company details
company number
11674420
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.
incorporation date
November 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
N/A
accountant
ADDITION FINANCIAL LIMITED
auditor
-
address
14 ellerton road, london, SW18 3NN
Bank
-
Legal Advisor
-
homework workspace 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 homework workspace limited.
homework workspace 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 HOMEWORK WORKSPACE LIMITED. This can take several minutes, an email will notify you when this has completed.
homework workspace limited Companies House Filings - See Documents
| date | description | view/download |
|---|
