wathegar 2 holdings limited
wathegar 2 holdings limited Company Information
Company Number
11692622
Next Accounts
Feb 2026
Shareholders
gresham house wind energy 1 plc
gresham house wind energy 2 lp
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
5 new street square, london, england, EC4A 3TW
Website
-wathegar 2 holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATHEGAR 2 HOLDINGS LIMITED at £628.8k based on a Turnover of £581.9k and 1.08x industry multiple (adjusted for size and gross margin).
wathegar 2 holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATHEGAR 2 HOLDINGS LIMITED at £0 based on an EBITDA of £-5.6k and a 4.52x industry multiple (adjusted for size and gross margin).
wathegar 2 holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATHEGAR 2 HOLDINGS LIMITED at £30.4m based on Net Assets of £23.3m and 1.31x industry multiple (adjusted for liquidity).
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Wathegar 2 Holdings Limited Overview
Wathegar 2 Holdings Limited is a live company located in england, EC4A 3TW with a Companies House number of 11692622. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2018, it's largest shareholder is gresham house wind energy 1 plc with a 66% stake. Wathegar 2 Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £581.9k with healthy growth in recent years.
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Wathegar 2 Holdings Limited Health Check
Pomanda's financial health check has awarded Wathegar 2 Holdings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £581.9k, make it smaller than the average company (£19.5m)
- Wathegar 2 Holdings Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a slower rate (12.2%)
- Wathegar 2 Holdings Limited
12.2% - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- Wathegar 2 Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (4.6%)
- Wathegar 2 Holdings Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (106)
3 - Wathegar 2 Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
- Wathegar 2 Holdings Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £194k, this is equally as efficient (£194k)
- Wathegar 2 Holdings Limited
£194k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wathegar 2 Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wathegar 2 Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wathegar 2 Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Wathegar 2 Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.6%, this is a lower level of debt than the average (68.3%)
16.6% - Wathegar 2 Holdings Limited
68.3% - Industry AVG
WATHEGAR 2 HOLDINGS LIMITED financials
Wathegar 2 Holdings Limited's latest turnover from May 2024 is estimated at £581.9 thousand and the company has net assets of £23.3 million. According to their latest financial statements, Wathegar 2 Holdings Limited has 3 employees and maintains cash reserves of £3 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | Dec 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 | 3 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | 27,911,994 | 27,911,994 | 27,911,994 | 27,911,994 | 27,911,994 |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 27,911,994 | 27,911,994 | 27,911,994 | 27,911,994 | 27,911,994 |
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 3 | 3 | 3 | 3 | 1 |
| misc current assets | |||||
| total current assets | 3 | 3 | 3 | 3 | 1 |
| total assets | 27,911,997 | 27,911,997 | 27,911,997 | 27,911,997 | 27,911,995 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | |||||
| Group/Directors Accounts | 4,622,106 | 4,616,548 | 3,862,148 | 3,858,333 | 27,911,994 |
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 4,622,106 | 4,616,548 | 3,862,148 | 3,858,333 | 27,911,994 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 4,622,106 | 4,616,548 | 3,862,148 | 3,858,333 | 27,911,994 |
| net assets | 23,289,891 | 23,295,449 | 24,049,849 | 24,053,664 | 1 |
| total shareholders funds | 23,289,891 | 23,295,449 | 24,049,849 | 24,053,664 | 1 |
| May 2024 | May 2023 | May 2022 | May 2021 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | |||||
| Creditors | |||||
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 27,911,994 | 27,911,994 | |||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 5,558 | 754,400 | 3,815 | 3,858,333 | 27,911,994 |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 3 | 1 | |||
| overdraft | |||||
| change in cash | 3 | 1 |
wathegar 2 holdings limited Credit Report and Business Information
Wathegar 2 Holdings Limited Competitor Analysis
Perform a competitor analysis for wathegar 2 holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC4A area or any other competitors across 12 key performance metrics.
wathegar 2 holdings limited Ownership
WATHEGAR 2 HOLDINGS LIMITED group structure
Wathegar 2 Holdings Limited has 1 subsidiary company.
Ultimate parent company
2 parents
WATHEGAR 2 HOLDINGS LIMITED
11692622
1 subsidiary
wathegar 2 holdings limited directors
Wathegar 2 Holdings Limited currently has 3 directors. The longest serving directors include Mr Stephen Beck (Nov 2018) and Mr Benjamin Guest (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Beck | England | 51 years | Nov 2018 | - | Director |
| Mr Benjamin Guest | England | 52 years | Nov 2018 | - | Director |
| Mr Wayne Cranstone | United Kingdom | 55 years | Nov 2018 | - | Director |
P&L
May 2024turnover
581.9k
+6%
operating profit
-5.6k
0%
gross margin
34.9%
+0.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
23.3m
0%
total assets
27.9m
0%
cash
3
0%
net assets
Total assets minus all liabilities
wathegar 2 holdings limited company details
company number
11692622
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
May 2024
previous names
N/A
accountant
MAGMA AUDIT LLP
auditor
-
address
5 new street square, london, england, EC4A 3TW
Bank
-
Legal Advisor
-
wathegar 2 holdings 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 found 2 charges/mortgages relating to wathegar 2 holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
wathegar 2 holdings 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 WATHEGAR 2 HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
wathegar 2 holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
