Pomanda estimates the enterprise value of WYZE PAY LTD at £315.8k based on a Turnover of £363.1k and 0.87x industry multiple (adjusted for size and gross margin).
wyze pay ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of WYZE PAY LTD at £0 based on an EBITDA of £-499.4k and a 5.31x industry multiple (adjusted for size and gross margin).
wyze pay ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of WYZE PAY LTD at £0 based on Net Assets of £-476.5k and 2.38x industry multiple (adjusted for liquidity).
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Wyze Pay LtdOverview
Wyze Pay Ltd is a live company located in london, WC2H 7DQ with a Companies House number of 11962345. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2019, it's largest shareholder is
joe channer
with a 53.7% stake. Wyze Pay Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£363.1k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Wyze Pay Ltd a 2 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
Health Rating2out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £363.1k, make it smaller than the average company (£4m)
£363.1k - Wyze Pay Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (11.4%)
64% - Wyze Pay Ltd
11.4% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - Wyze Pay Ltd
73% - Industry AVG
Profitability
an operating margin of -137.5% make it less profitable than the average company (4%)
-137.5% - Wyze Pay Ltd
4% - Industry AVG
Employees
with 3 employees, this is below the industry average (36)
3 - Wyze Pay Ltd
36 - Industry AVG
Pay Structure
on an average salary of £68.7k, the company has an equivalent pay structure (£68.7k)
£68.7k - Wyze Pay Ltd
£68.7k - Industry AVG
Efficiency
resulting in sales per employee of £121k, this is equally as efficient (£123.1k)
£121k - Wyze Pay Ltd
£123.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wyze Pay Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 505 days, this is slower than average (39 days)
505 days - Wyze Pay Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wyze Pay Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Wyze Pay Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22534.2%, this is a higher level of debt than the average (59.9%)
22534.2% - Wyze Pay Ltd
59.9% - Industry AVG
WYZE PAY LTD financials
EXPORT
Wyze Pay Ltd's latest turnover from April 2024 is estimated at £363.1 thousand and the company has net assets of -£476.5 thousand. According to their latest financial statements, Wyze Pay Ltd has 3 employees and maintains cash reserves of £195 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Turnover
363,138
328,299
279,623
81,743
82,185
Other Income Or Grants
Cost Of Sales
97,936
90,790
72,725
22,142
21,166
Gross Profit
265,202
237,509
206,898
59,601
61,019
Admin Expenses
764,625
763,819
638,942
443,648
213,985
Operating Profit
-499,423
-526,310
-432,044
-384,047
-152,966
Interest Payable
Interest Receivable
234
2,087
339
14
14
Pre-Tax Profit
-499,189
-524,223
-431,705
-384,033
-152,952
Tax
Profit After Tax
-499,189
-524,223
-431,705
-384,033
-152,952
Dividends Paid
Retained Profit
-499,189
-524,223
-431,705
-384,033
-152,952
Employee Costs
206,005
198,477
186,607
57,333
55,831
Number Of Employees
3
3
3
1
1
EBITDA*
-499,423
-526,310
-432,044
-384,047
-152,966
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
1,929
17,827
128,618
63,092
17,239
Cash
195
8,737
89,456
980
27,769
misc current assets
total current assets
2,124
26,564
218,074
64,072
45,008
total assets
2,124
26,564
218,074
64,072
45,008
Bank overdraft
Bank loan
Trade Creditors
135,555
130,815
65,145
15
16
Group/Directors Accounts
168,459
other short term finances
hp & lease commitments
other current liabilities
343,072
373,063
106,020
583,982
12,425
total current liabilities
478,627
503,878
171,165
583,997
180,900
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
16,060
16,060
provisions
total long term liabilities
16,060
16,060
total liabilities
478,627
503,878
171,165
600,057
196,960
net assets
-476,503
-477,314
46,909
-535,985
-151,952
total shareholders funds
-476,503
-477,314
46,909
-535,985
-151,952
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Operating Activities
Operating Profit
-499,423
-526,310
-432,044
-384,047
-152,966
Depreciation
Amortisation
Tax
Stock
Debtors
-15,898
-110,791
65,526
45,853
17,239
Creditors
4,740
65,670
65,130
-1
16
Accruals and Deferred Income
-29,991
267,043
-477,962
571,557
12,425
Deferred Taxes & Provisions
Cash flow from operations
-508,776
-82,806
-910,402
141,656
-157,764
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-168,459
168,459
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-16,060
16,060
share issue
500,000
1,014,599
1,000
interest
234
2,087
339
14
14
cash flow from financing
500,234
2,087
998,878
-168,445
185,533
cash and cash equivalents
cash
-8,542
-80,719
88,476
-26,789
27,769
overdraft
change in cash
-8,542
-80,719
88,476
-26,789
27,769
wyze pay ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wyze pay ltd. Get real-time insights into wyze pay ltd's credit score, group structure and payment trends.
Perform a competitor analysis for wyze pay ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
wyze pay ltd Ownership
WYZE PAY LTD group structure
Wyze Pay Ltd has no subsidiary companies.
Ultimate parent company
WYZE PAY LTD
11962345
WYZE PAY LTD Shareholders
The largest shareholders in Wyze Pay Ltd include Joe Channer and Joseph Marie B. Van De Velde.
joe channer
53.67%
joseph marie b. van de velde
14.12%
kastelein consultancy bv
8.58%
ian rae
6.74%
seedrs nominees limited
4.48%
graham lancaster
3.43%
sylvia smit
2.84%
niall carton
1.7%
trevor belstead
1.7%
walid jalkh
0.71%
wyze pay ltd directors
Wyze Pay Ltd currently has 2 directors.
The longest serving directors include
Mr Booker Channer (Apr 2019) and
Mr Ian Rae (Aug 2021).
62012 - Business and domestic software development
incorporation date
April 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
smartexchange ltd (June 2019)
accountant
-
auditor
-
address
10 orange street, haymarket, london, WC2H 7DQ
Bank
-
Legal Advisor
-
wyze pay 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 wyze pay ltd.
wyze pay 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.
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wyze pay ltdCompanies House Filings - See Documents
