workwear central ltd
workwear central ltd Company Information
Group Structure
View All
Industry
Finishing of textiles
Registered Address
4 diamond street, wallsend, NE28 8RX
Website
www.nestitchesink.comworkwear central ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKWEAR CENTRAL LTD at £16.1k based on a Turnover of £61.1k and 0.26x industry multiple (adjusted for size and gross margin).
workwear central ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKWEAR CENTRAL LTD at £0 based on an EBITDA of £-3.2k and a 2.49x industry multiple (adjusted for size and gross margin).
workwear central ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKWEAR CENTRAL LTD at £5.7k based on Net Assets of £3k and 1.9x industry multiple (adjusted for liquidity).
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Workwear Central Ltd Overview
Workwear Central Ltd is a live company located in wallsend, NE28 8RX with a Companies House number of 11776952. It operates in the finishing of textiles sector, SIC Code 13300. Founded in January 2019, it's largest shareholder is philip giles with a 100% stake. Workwear Central Ltd is a young, micro sized company, Pomanda has estimated its turnover at £61.1k with healthy growth in recent years.
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Workwear Central Ltd Health Check
Pomanda's financial health check has awarded Workwear Central Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £61.1k, make it smaller than the average company (£7.1m)
- Workwear Central Ltd
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.9%)
- Workwear Central Ltd
9.9% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (31.3%)
- Workwear Central Ltd
31.3% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (9.3%)
- Workwear Central Ltd
9.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Workwear Central Ltd
38 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Workwear Central Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £61.1k, this is less efficient (£136.4k)
- Workwear Central Ltd
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (40 days)
- Workwear Central Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (37 days)
- Workwear Central Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Workwear Central Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Workwear Central Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.2%, this is a higher level of debt than the average (43.4%)
84.2% - Workwear Central Ltd
43.4% - Industry AVG
WORKWEAR CENTRAL LTD financials
Workwear Central Ltd's latest turnover from January 2024 is estimated at £61.1 thousand and the company has net assets of £3 thousand. According to their latest financial statements, Workwear Central Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 8,079 | 7,687 | 13,107 | 18,527 | 12,607 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 8,079 | 7,687 | 13,107 | 18,527 | 12,607 |
| Stock & work in progress | |||||
| Trade Debtors | 10,988 | 11,434 | 1,867 | 5,249 | 8,528 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 10,988 | 11,434 | 1,867 | 5,249 | 8,528 |
| total assets | 19,067 | 19,121 | 14,974 | 23,776 | 21,135 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 12,803 | 7,913 | 10,755 | 9,857 | 12,496 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 12,803 | 7,913 | 10,755 | 9,857 | 12,496 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 720 | 728 | 720 | ||
| other liabilities | 2,527 | 4,308 | 6,105 | 9,000 | |
| provisions | |||||
| total long term liabilities | 3,247 | 5,036 | 6,825 | 9,000 | |
| total liabilities | 16,050 | 12,949 | 17,580 | 18,857 | 12,496 |
| net assets | 3,017 | 6,172 | -2,606 | 4,919 | 8,639 |
| total shareholders funds | 3,017 | 6,172 | -2,606 | 4,919 | 8,639 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -446 | 9,567 | -3,382 | -3,279 | 8,528 |
| Creditors | 4,890 | -2,842 | 898 | -2,639 | 12,496 |
| Accruals and Deferred Income | -8 | 8 | 720 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -1,781 | -1,797 | -2,895 | 9,000 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
workwear central ltd Credit Report and Business Information
Workwear Central Ltd Competitor Analysis
Perform a competitor analysis for workwear central ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE28 area or any other competitors across 12 key performance metrics.
workwear central ltd Ownership
WORKWEAR CENTRAL LTD group structure
Workwear Central Ltd has no subsidiary companies.
Ultimate parent company
WORKWEAR CENTRAL LTD
11776952
workwear central ltd directors
Workwear Central Ltd currently has 1 director, Mr Philip Giles serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Giles | 50 years | Jan 2019 | - | Director |
P&L
January 2024turnover
61.1k
+27%
operating profit
-3.2k
0%
gross margin
20.6%
-8.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
3k
-0.51%
total assets
19.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
workwear central ltd company details
company number
11776952
Type
Private limited with Share Capital
industry
13300 - Finishing of textiles
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
north east stitch ltd (February 2020)
accountant
-
auditor
-
address
4 diamond street, wallsend, NE28 8RX
Bank
-
Legal Advisor
-
workwear central 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 workwear central ltd.
workwear central 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 WORKWEAR CENTRAL LTD. This can take several minutes, an email will notify you when this has completed.
workwear central ltd Companies House Filings - See Documents
| date | description | view/download |
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