weddingbird ltd

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weddingbird ltd Company Information

Share WEDDINGBIRD LTD

Company Number

11740224

Shareholders

christopher patrick stephen copping

stephen paul thomas

Group Structure

View All

Industry

Event catering activities

 

Registered Address

29 gildredge road, eastbourne, east sussex, BN21 4RU

Website

-

weddingbird ltd Estimated Valuation

£94.3k

Pomanda estimates the enterprise value of WEDDINGBIRD LTD at £94.3k based on a Turnover of £187.9k and 0.5x industry multiple (adjusted for size and gross margin).

weddingbird ltd Estimated Valuation

£62.5k

Pomanda estimates the enterprise value of WEDDINGBIRD LTD at £62.5k based on an EBITDA of £16.1k and a 3.88x industry multiple (adjusted for size and gross margin).

weddingbird ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WEDDINGBIRD LTD at £0 based on Net Assets of £-71.7k and 3x industry multiple (adjusted for liquidity).

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Weddingbird Ltd Overview

Weddingbird Ltd is a live company located in east sussex, BN21 4RU with a Companies House number of 11740224. It operates in the event catering activities sector, SIC Code 56210. Founded in December 2018, it's largest shareholder is christopher patrick stephen copping with a 75% stake. Weddingbird Ltd is a young, micro sized company, Pomanda has estimated its turnover at £187.9k with healthy growth in recent years.

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Weddingbird Ltd Health Check

Pomanda's financial health check has awarded Weddingbird Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

8 Weak

size

Size

annual sales of £187.9k, make it smaller than the average company (£543.4k)

£187.9k - Weddingbird Ltd

£543.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (18.7%)

4% - Weddingbird Ltd

18.7% - Industry AVG

production

Production

with a gross margin of 42.3%, this company has a comparable cost of product (42.3%)

42.3% - Weddingbird Ltd

42.3% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (6.4%)

3.9% - Weddingbird Ltd

6.4% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (10)

7 - Weddingbird Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)

£18.8k - Weddingbird Ltd

£18.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.8k, this is less efficient (£60.7k)

£26.8k - Weddingbird Ltd

£60.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Weddingbird Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (27 days)

0 days - Weddingbird Ltd

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is in line with average (9 days)

8 days - Weddingbird Ltd

9 days - Industry AVG

cashbalance

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 - Weddingbird Ltd

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 126%, this is a higher level of debt than the average (82.8%)

126% - Weddingbird Ltd

82.8% - Industry AVG

WEDDINGBIRD LTD financials

EXPORTms excel logo

Weddingbird Ltd's latest turnover from March 2024 is estimated at £187.9 thousand and the company has net assets of -£71.7 thousand. According to their latest financial statements, Weddingbird Ltd has 7 employees and maintains cash reserves of £4.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover187,901276,37998,940166,326149,218
Other Income Or Grants
Cost Of Sales108,417157,91057,419109,42188,071
Gross Profit79,483118,46941,52156,90561,147
Admin Expenses72,073103,397-15,908170,98259,339
Operating Profit7,41015,07257,429-114,0771,808
Interest Payable5,5785,0993,3687,2995,774
Interest Receivable1771363131
Pre-Tax Profit2,00910,11054,091-121,373-3,965
Tax-502-1,921-10,277
Profit After Tax1,5078,18943,814-121,373-3,965
Dividends Paid
Retained Profit1,5078,18943,814-121,373-3,965
Employee Costs131,803212,785150,06781,65784,244
Number Of Employees712955
EBITDA*16,10724,93066,797-103,42813,531

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets251,596255,974256,884264,535270,685
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets251,596255,974256,884264,535270,685
Stock & work in progress2,5005,0005,0005,0005,000
Trade Debtors1,654
Group Debtors14,59213,22818,46810,88291,223
Misc Debtors2,1534692,98912,2374,185
Cash4,9401,8024,6213,6592,152
misc current assets
total current assets24,18520,49932,73231,778102,560
total assets275,781276,473289,616296,313373,245
Bank overdraft18,94213,8008,6617,1081,044
Bank loan
Trade Creditors 1652302,6947,770
Group/Directors Accounts274,381281,770284,881343,112173,600
other short term finances
hp & lease commitments
other current liabilities20,03714,13231,65128,4386,431
total current liabilities313,525309,932327,887378,658188,845
loans30,52335,89641,13742,893188,265
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions3,4613,8802,016
total long term liabilities33,98439,77643,15342,893188,265
total liabilities347,509349,708371,040421,551377,110
net assets-71,728-73,235-81,424-125,238-3,865
total shareholders funds-71,728-73,235-81,424-125,238-3,865
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit7,41015,07257,429-114,0771,808
Depreciation8,6979,8589,36810,64911,723
Amortisation
Tax-502-1,921-10,277
Stock-2,5005,000
Debtors3,048-9,414-8-72,28995,408
Creditors-65-2,4642,694-7,7707,770
Accruals and Deferred Income5,905-17,5193,21322,0076,431
Deferred Taxes & Provisions-4191,8642,016
Cash flow from operations20,47814,30464,451-16,902-72,676
Investing Activities
capital expenditure-4,319-8,948-1,717-4,499-282,408
Change in Investments
cash flow from investments-4,319-8,948-1,717-4,499-282,408
Financing Activities
Bank loans
Group/Directors Accounts-7,389-3,111-58,231169,512173,600
Other Short Term Loans
Long term loans-5,373-5,241-1,756-145,372188,265
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-5,401-4,963-3,337-7,296-5,773
cash flow from financing-18,163-13,315-63,32416,844356,192
cash and cash equivalents
cash3,138-2,8199621,5072,152
overdraft5,1425,1391,5536,0641,044
change in cash-2,004-7,958-591-4,5571,108

weddingbird ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Weddingbird Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for weddingbird ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BN21 area or any other competitors across 12 key performance metrics.

weddingbird ltd Ownership

WEDDINGBIRD LTD group structure

Weddingbird Ltd has no subsidiary companies.

Ultimate parent company

WEDDINGBIRD LTD

11740224

WEDDINGBIRD LTD Shareholders

christopher patrick stephen copping 75%
stephen paul thomas 25%

weddingbird ltd directors

Weddingbird Ltd currently has 2 directors. The longest serving directors include Mr Christopher Copping (Dec 2018) and Mr Christopher Copping (Dec 2018).

officercountryagestartendrole
Mr Christopher CoppingUnited Kingdom57 years Dec 2018- Director
Mr Christopher CoppingUnited Kingdom57 years Dec 2018- Director

P&L

March 2024

turnover

187.9k

-32%

operating profit

7.4k

0%

gross margin

42.4%

-1.32%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-71.7k

-0.02%

total assets

275.8k

0%

cash

4.9k

+1.74%

net assets

Total assets minus all liabilities

weddingbird ltd company details

company number

11740224

Type

Private limited with Share Capital

industry

56210 - Event catering activities

incorporation date

December 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ADVANTA

auditor

-

address

29 gildredge road, eastbourne, east sussex, BN21 4RU

Bank

-

Legal Advisor

-

weddingbird 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 found 3 charges/mortgages relating to weddingbird ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

weddingbird 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.

Click to start generating capital raising & share issue transactions for WEDDINGBIRD LTD. This can take several minutes, an email will notify you when this has completed.

weddingbird ltd Companies House Filings - See Documents

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