workwave uk holdco limited
workwave uk holdco limited Company Information
Company Number
12049895
Next Accounts
Sep 2025
Shareholders
team software llc
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Website
-workwave uk holdco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKWAVE UK HOLDCO LIMITED at £10.7m based on a Turnover of £10.3m and 1.04x industry multiple (adjusted for size and gross margin).
workwave uk holdco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKWAVE UK HOLDCO LIMITED at £11m based on an EBITDA of £1.5m and a 7.59x industry multiple (adjusted for size and gross margin).
workwave uk holdco limited Estimated Valuation
Pomanda estimates the enterprise value of WORKWAVE UK HOLDCO LIMITED at £0 based on Net Assets of £-3.8m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Workwave Uk Holdco Limited Overview
Workwave Uk Holdco Limited is a live company located in london, E14 5HU with a Companies House number of 12049895. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2019, it's largest shareholder is team software llc with a 100% stake. Workwave Uk Holdco Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.3m with healthy growth in recent years.
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Workwave Uk Holdco Limited Health Check
Pomanda's financial health check has awarded Workwave Uk Holdco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £10.3m, make it larger than the average company (£4.8m)
£10.3m - Workwave Uk Holdco Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)
9% - Workwave Uk Holdco Limited
6.7% - Industry AVG
Production
with a gross margin of 77.8%, this company has a lower cost of product (38.2%)
77.8% - Workwave Uk Holdco Limited
38.2% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.7%)
-0.9% - Workwave Uk Holdco Limited
5.7% - Industry AVG
Employees
with 78 employees, this is above the industry average (27)
78 - Workwave Uk Holdco Limited
27 - Industry AVG
Pay Structure
on an average salary of £67.8k, the company has a higher pay structure (£53.9k)
£67.8k - Workwave Uk Holdco Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £132.2k, this is less efficient (£171.3k)
£132.2k - Workwave Uk Holdco Limited
£171.3k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (42 days)
87 days - Workwave Uk Holdco Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (32 days)
10 days - Workwave Uk Holdco Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Workwave Uk Holdco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (22 weeks)
3 weeks - Workwave Uk Holdco Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.6%, this is a higher level of debt than the average (62.6%)
118.6% - Workwave Uk Holdco Limited
62.6% - Industry AVG
WORKWAVE UK HOLDCO LIMITED financials
Workwave Uk Holdco Limited's latest turnover from December 2023 is £10.3 million and the company has net assets of -£3.8 million. According to their latest financial statements, Workwave Uk Holdco Limited has 78 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Turnover | 10,310,024 | 10,056,182 | 9,547,420 | 7,880,159 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 2,284,687 | 2,563,958 | 2,292,429 | 901,295 | |
| Gross Profit | 8,025,337 | 7,492,224 | 7,254,991 | 6,978,864 | |
| Admin Expenses | 8,123,406 | 9,619,821 | 7,414,551 | 7,748,312 | |
| Operating Profit | -98,069 | -2,127,597 | -159,560 | -769,448 | |
| Interest Payable | 1,066,615 | 1,053,376 | 1,053,376 | 1,146,440 | |
| Interest Receivable | 13 | 5 | 220 | 92 | |
| Pre-Tax Profit | -1,163,371 | -3,180,968 | -1,212,716 | -1,915,796 | |
| Tax | -402,715 | -205,392 | -65,317 | -21,558 | |
| Profit After Tax | -1,566,086 | -3,386,360 | -1,278,033 | -1,937,354 | |
| Dividends Paid | |||||
| Retained Profit | -1,566,086 | -3,386,360 | -1,278,033 | -1,937,354 | |
| Employee Costs | 5,289,835 | 5,630,918 | 5,511,981 | 4,965,828 | |
| Number Of Employees | 78 | 88 | 98 | 123 | |
| EBITDA* | 1,450,330 | -578,442 | 1,450,714 | 817,912 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 114,099 | 176,518 | 166,221 | 55,515 | |
| Intangible Assets | 15,541,957 | 17,016,388 | 18,499,391 | 20,025,763 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 15,656,056 | 17,192,906 | 18,665,612 | 20,081,278 | |
| Stock & work in progress | |||||
| Trade Debtors | 2,474,381 | 1,876,899 | 1,740,567 | 1,596,067 | |
| Group Debtors | 772,943 | ||||
| Misc Debtors | 288,642 | 278,656 | 469,138 | 493,236 | |
| Cash | 1,057,243 | 2,331,598 | 661,930 | 1,065,500 | |
| misc current assets | |||||
| total current assets | 4,593,209 | 4,487,153 | 2,871,635 | 3,154,803 | |
| total assets | 20,249,265 | 21,680,059 | 21,537,247 | 23,236,081 | |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 63,144 | 77,829 | 38,438 | 143,336 | |
| Group/Directors Accounts | 5,687,577 | 6,739,470 | 4,056,788 | 3,372,365 | |
| other short term finances | 1,705,000 | ||||
| hp & lease commitments | |||||
| other current liabilities | 8,804,522 | 7,475,947 | 6,590,305 | 5,425,253 | |
| total current liabilities | 14,555,243 | 14,293,246 | 10,685,531 | 10,645,954 | |
| loans | 9,363,335 | 9,363,335 | 9,363,335 | 9,763,335 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 90,213 | 191,636 | 266,928 | 325,528 | |
| total long term liabilities | 9,453,548 | 9,554,971 | 9,630,263 | 10,088,863 | |
| total liabilities | 24,008,791 | 23,848,217 | 20,315,794 | 20,734,817 | |
| net assets | -3,759,526 | -2,168,158 | 1,221,453 | 2,501,264 | |
| total shareholders funds | -3,759,526 | -2,168,158 | 1,221,453 | 2,501,264 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -98,069 | -2,127,597 | -159,560 | -769,448 | |
| Depreciation | 73,968 | 66,152 | 83,902 | 150,955 | |
| Amortisation | 1,474,431 | 1,483,003 | 1,526,372 | 1,436,405 | |
| Tax | -402,715 | -205,392 | -65,317 | -21,558 | |
| Stock | |||||
| Debtors | 1,380,411 | -54,150 | 120,402 | 2,089,303 | |
| Creditors | -14,685 | 39,391 | -104,898 | 143,336 | |
| Accruals and Deferred Income | 1,328,575 | 885,642 | 1,165,052 | 5,425,253 | |
| Deferred Taxes & Provisions | -101,423 | -75,292 | -58,600 | 325,528 | |
| Cash flow from operations | 879,671 | 120,057 | 2,266,549 | 4,601,168 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -1,051,893 | 2,682,682 | 684,423 | 3,372,365 | |
| Other Short Term Loans | -1,705,000 | 1,705,000 | |||
| Long term loans | -400,000 | 9,763,335 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | -1,066,602 | -1,053,371 | -1,053,156 | -1,146,348 | |
| cash flow from financing | -2,143,777 | 1,626,060 | -2,475,511 | 18,132,970 | |
| cash and cash equivalents | |||||
| cash | -1,274,355 | 1,669,668 | -403,570 | 1,065,500 | |
| overdraft | |||||
| change in cash | -1,274,355 | 1,669,668 | -403,570 | 1,065,500 |
workwave uk holdco limited Credit Report and Business Information
Workwave Uk Holdco Limited Competitor Analysis
Perform a competitor analysis for workwave uk holdco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
workwave uk holdco limited Ownership
WORKWAVE UK HOLDCO LIMITED group structure
Workwave Uk Holdco Limited has 1 subsidiary company.
Ultimate parent company
ACCEL-KKR GROUP
#0162791
TEAM SOFTWARE LLC
#0135611
2 parents
WORKWAVE UK HOLDCO LIMITED
12049895
1 subsidiary
workwave uk holdco limited directors
Workwave Uk Holdco Limited currently has 3 directors. The longest serving directors include Mr Maurice Hernandez (Sep 2019) and Mr Kevin Kemmerer (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Maurice Hernandez | United Kingdom | 44 years | Sep 2019 | - | Director |
| Mr Kevin Kemmerer | United States | 56 years | May 2024 | - | Director |
| Mr Gregory Doran | United States | 49 years | Sep 2024 | - | Director |
P&L
December 2023turnover
10.3m
+3%
operating profit
-98.1k
-95%
gross margin
77.9%
+4.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-3.8m
+0.73%
total assets
20.2m
-0.07%
cash
1.1m
-0.55%
net assets
Total assets minus all liabilities
Similar Companies
workwave uk holdco limited company details
company number
12049895
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
team bidco limited (April 2023)
accountant
-
auditor
HAZLEWOODS LLP
address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Bank
-
Legal Advisor
-
workwave uk holdco 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 workwave uk holdco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
workwave uk holdco 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 WORKWAVE UK HOLDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
workwave uk holdco limited Companies House Filings - See Documents
| date | description | view/download |
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