washstation limited
washstation limited Company Information
Company Number
11984879
Next Accounts
Mar 2025
Shareholders
solingen private equity partners llp (oc396050)
katy mitchell
Group Structure
View All
Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
Registered Address
unit 9 avenue fields industrial, avenue farm, stratford-upon-avon, CV37 0HT
Website
-washstation limited Estimated Valuation
Pomanda estimates the enterprise value of WASHSTATION LIMITED at £3.1m based on a Turnover of £3.8m and 0.82x industry multiple (adjusted for size and gross margin).
washstation limited Estimated Valuation
Pomanda estimates the enterprise value of WASHSTATION LIMITED at £3.5m based on an EBITDA of £803.8k and a 4.41x industry multiple (adjusted for size and gross margin).
washstation limited Estimated Valuation
Pomanda estimates the enterprise value of WASHSTATION LIMITED at £0 based on Net Assets of £-1.7m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Washstation Limited Overview
Washstation Limited is a live company located in stratford-upon-avon, CV37 0HT with a Companies House number of 11984879. It operates in the other cleaning services sector, SIC Code 81299. Founded in May 2019, it's largest shareholder is solingen private equity partners llp (oc396050) with a 80% stake. Washstation Limited is a young, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.
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Washstation Limited Health Check
Pomanda's financial health check has awarded Washstation Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.8m, make it larger than the average company (£233.2k)
- Washstation Limited
£233.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.1%)
- Washstation Limited
7.1% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Washstation Limited
37.6% - Industry AVG
Profitability
an operating margin of 5.6% make it as profitable than the average company (5.4%)
- Washstation Limited
5.4% - Industry AVG
Employees
with 21 employees, this is above the industry average (13)
21 - Washstation Limited
13 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)
- Washstation Limited
£14.7k - Industry AVG
Efficiency
resulting in sales per employee of £179.5k, this is more efficient (£26.2k)
- Washstation Limited
£26.2k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (42 days)
- Washstation Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (22 days)
- Washstation Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (2 days)
- Washstation Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (17 weeks)
7 weeks - Washstation Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.5%, this is a higher level of debt than the average (55.8%)
146.5% - Washstation Limited
55.8% - Industry AVG
WASHSTATION LIMITED financials
Washstation Limited's latest turnover from June 2023 is estimated at £3.8 million and the company has net assets of -£1.7 million. According to their latest financial statements, Washstation Limited has 21 employees and maintains cash reserves of £409.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 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 | 21 | 21 | 19 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,387,600 | 2,153,894 | 1,893,992 | 2,050,547 |
| Intangible Assets | 45,557 | 79,645 | 105,627 | 121,968 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 2,433,157 | 2,233,539 | 1,999,619 | 2,172,515 |
| Stock & work in progress | 572,013 | 591,633 | 256,631 | 209,483 |
| Trade Debtors | 99,242 | 39,102 | 19,008 | 7,467 |
| Group Debtors | ||||
| Misc Debtors | 140,173 | 161,649 | 138,148 | 118,518 |
| Cash | 409,816 | 551,724 | 786,922 | 473,551 |
| misc current assets | ||||
| total current assets | 1,221,244 | 1,344,108 | 1,200,709 | 809,019 |
| total assets | 3,654,401 | 3,577,647 | 3,200,328 | 2,981,534 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 74,514 | 265,101 | 112,769 | 71,305 |
| Group/Directors Accounts | ||||
| other short term finances | 1,136,107 | 1,098,655 | 753,790 | 330,000 |
| hp & lease commitments | 11,801 | 29,889 | 38,255 | 34,201 |
| other current liabilities | 1,580,024 | 1,337,152 | 201,061 | 782,623 |
| total current liabilities | 2,802,446 | 2,730,797 | 1,105,875 | 1,218,129 |
| loans | 2,549,854 | 2,374,772 | 2,970,208 | 1,808,525 |
| hp & lease commitments | 1,013 | 12,815 | 42,704 | 67,784 |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 2,550,867 | 2,387,587 | 3,012,912 | 1,876,309 |
| total liabilities | 5,353,313 | 5,118,384 | 4,118,787 | 3,094,438 |
| net assets | -1,698,912 | -1,540,737 | -918,459 | -112,904 |
| total shareholders funds | -1,698,912 | -1,540,737 | -918,459 | -112,904 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 552,173 | 517,203 | 565,990 | 603,240 |
| Amortisation | 40,115 | 36,730 | 31,536 | 30,492 |
| Tax | ||||
| Stock | -19,620 | 335,002 | 47,148 | 209,483 |
| Debtors | 38,664 | 43,595 | 31,171 | 125,985 |
| Creditors | -190,587 | 152,332 | 41,464 | 71,305 |
| Accruals and Deferred Income | 242,872 | 1,136,091 | -581,562 | 782,623 |
| 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 | 37,452 | 344,865 | 423,790 | 330,000 |
| Long term loans | 175,082 | -595,436 | 1,161,683 | 1,808,525 |
| Hire Purchase and Lease Commitments | -29,890 | -38,255 | -21,026 | 101,985 |
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -141,908 | -235,198 | 313,371 | 473,551 |
| overdraft | ||||
| change in cash | -141,908 | -235,198 | 313,371 | 473,551 |
washstation limited Credit Report and Business Information
Washstation Limited Competitor Analysis
Perform a competitor analysis for washstation limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CV37 area or any other competitors across 12 key performance metrics.
washstation limited Ownership
WASHSTATION LIMITED group structure
Washstation Limited has no subsidiary companies.
Ultimate parent company
1 parent
WASHSTATION LIMITED
11984879
washstation limited directors
Washstation Limited currently has 6 directors. The longest serving directors include Mrs Katy Mitchell (May 2019) and Ms Katy Mitchell (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Katy Mitchell | United Kingdom | 53 years | May 2019 | - | Director |
| Ms Katy Mitchell | England | 53 years | May 2019 | - | Director |
| Mr Robin Womersley | England | 53 years | Jun 2019 | - | Director |
| Mr Paul Betts | England | 49 years | Jun 2019 | - | Director |
| Mr Frank Lampole | Belgium | 57 years | Sep 2023 | - | Director |
| Mr Johan Stuyven | Belgium | 60 years | Sep 2023 | - | Director |
P&L
June 2023turnover
3.8m
-28%
operating profit
211.6k
0%
gross margin
37.6%
+30.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1.7m
+0.1%
total assets
3.7m
+0.02%
cash
409.8k
-0.26%
net assets
Total assets minus all liabilities
Similar Companies
washstation limited company details
company number
11984879
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
spel bidco limited (June 2019)
accountant
PRIME
auditor
-
address
unit 9 avenue fields industrial, avenue farm, stratford-upon-avon, CV37 0HT
Bank
-
Legal Advisor
-
washstation 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 5 charges/mortgages relating to washstation limited. Currently there are 2 open charges and 3 have been satisfied in the past.
washstation 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 WASHSTATION LIMITED. This can take several minutes, an email will notify you when this has completed.
washstation limited Companies House Filings - See Documents
| date | description | view/download |
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