worldwide bearing trade ltd
worldwide bearing trade ltd Company Information
Company Number
12130539
Next Accounts
Apr 2025
Shareholders
yan holikov
Group Structure
View All
Industry
Wholesale of other intermediate products
Registered Address
85 great portland street, first floor, london, W1W 7LT
Website
-worldwide bearing trade ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE BEARING TRADE LTD at £125.6k based on a Turnover of £398.3k and 0.32x industry multiple (adjusted for size and gross margin).
worldwide bearing trade ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE BEARING TRADE LTD at £0 based on an EBITDA of £-1.1k and a 3.04x industry multiple (adjusted for size and gross margin).
worldwide bearing trade ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE BEARING TRADE LTD at £33.3k based on Net Assets of £15.8k and 2.11x industry multiple (adjusted for liquidity).
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Worldwide Bearing Trade Ltd Overview
Worldwide Bearing Trade Ltd is a live company located in london, W1W 7LT with a Companies House number of 12130539. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in July 2019, it's largest shareholder is yan holikov with a 100% stake. Worldwide Bearing Trade Ltd is a young, micro sized company, Pomanda has estimated its turnover at £398.3k with declining growth in recent years.
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Worldwide Bearing Trade Ltd Health Check
Pomanda's financial health check has awarded Worldwide Bearing Trade Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £398.3k, make it smaller than the average company (£16.8m)
- Worldwide Bearing Trade Ltd
£16.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.4%)
- Worldwide Bearing Trade Ltd
6.4% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)
- Worldwide Bearing Trade Ltd
24.7% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.6%)
- Worldwide Bearing Trade Ltd
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
1 - Worldwide Bearing Trade Ltd
35 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- Worldwide Bearing Trade Ltd
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £398.3k, this is equally as efficient (£398.3k)
- Worldwide Bearing Trade Ltd
£398.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Bearing Trade Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Bearing Trade Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Bearing Trade Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 755 weeks, this is more cash available to meet short term requirements (14 weeks)
755 weeks - Worldwide Bearing Trade Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (46.8%)
6.9% - Worldwide Bearing Trade Ltd
46.8% - Industry AVG
WORLDWIDE BEARING TRADE LTD financials
Worldwide Bearing Trade Ltd's latest turnover from July 2023 is estimated at £398.3 thousand and the company has net assets of £15.8 thousand. According to their latest financial statements, Worldwide Bearing Trade Ltd has 1 employee and maintains cash reserves of £17 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Turnover | 1,027,074 | 6,847,602 | ||
| Other Income Or Grants | ||||
| Cost Of Sales | 1,006,737 | 6,820,404 | ||
| Gross Profit | 20,337 | 27,198 | 19,057 | |
| Admin Expenses | 14,179 | 21,366 | 11,989 | |
| Operating Profit | 6,158 | 5,832 | 7,068 | |
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | 6,158 | 5,832 | 7,068 | |
| Tax | -1,170 | -1,108 | -1,343 | |
| Profit After Tax | 4,988 | 4,724 | 5,725 | |
| Dividends Paid | ||||
| Retained Profit | 4,988 | 4,724 | 5,725 | |
| Employee Costs | ||||
| Number Of Employees | 1 | 1 | 2 | 2 |
| EBITDA* | 6,158 | 5,832 | 7,068 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 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 | 16,992 | |||
| Cash | 16,992 | 615 | 129,539 | 65,363 |
| misc current assets | ||||
| total current assets | 16,992 | 17,607 | 129,539 | 65,363 |
| total assets | 16,992 | 17,607 | 129,539 | 65,363 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 59,636 | |||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 1,170 | 1,170 | 119,088 | |
| total current liabilities | 1,170 | 1,170 | 119,088 | 59,636 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 1,170 | 1,170 | 119,088 | 59,636 |
| net assets | 15,822 | 16,437 | 10,451 | 5,727 |
| total shareholders funds | 15,822 | 16,437 | 10,451 | 5,727 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 6,158 | 5,832 | 7,068 | |
| Depreciation | ||||
| Amortisation | ||||
| Tax | -1,170 | -1,108 | -1,343 | |
| Stock | ||||
| Debtors | -16,992 | 16,992 | ||
| Creditors | -59,636 | 59,636 | ||
| Accruals and Deferred Income | -117,918 | 119,088 | ||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | -129,922 | 64,176 | 65,361 | |
| 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 | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | 998 | 2 | ||
| cash and cash equivalents | ||||
| cash | 16,377 | -128,924 | 64,176 | 65,363 |
| overdraft | ||||
| change in cash | 16,377 | -128,924 | 64,176 | 65,363 |
worldwide bearing trade ltd Credit Report and Business Information
Worldwide Bearing Trade Ltd Competitor Analysis
Perform a competitor analysis for worldwide bearing trade ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.
worldwide bearing trade ltd Ownership
WORLDWIDE BEARING TRADE LTD group structure
Worldwide Bearing Trade Ltd has no subsidiary companies.
Ultimate parent company
WORLDWIDE BEARING TRADE LTD
12130539
worldwide bearing trade ltd directors
Worldwide Bearing Trade Ltd currently has 2 directors. The longest serving directors include Mrs Elizabeth Westhead (Sep 2020) and Yan Holikov (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Elizabeth Westhead | United Kingdom | 59 years | Sep 2020 | - | Director |
| Yan Holikov | Ukraine | 47 years | Sep 2020 | - | Director |
P&L
July 2023turnover
398.3k
-61%
operating profit
-1.1k
0%
gross margin
24.8%
+1148.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
15.8k
-0.04%
total assets
17k
-0.03%
cash
17k
+26.63%
net assets
Total assets minus all liabilities
worldwide bearing trade ltd company details
company number
12130539
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
WORLDWIDE BEARING TRADE LTD
auditor
-
address
85 great portland street, first floor, london, W1W 7LT
Bank
-
Legal Advisor
-
worldwide bearing trade 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 worldwide bearing trade ltd.
worldwide bearing trade 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 WORLDWIDE BEARING TRADE LTD. This can take several minutes, an email will notify you when this has completed.
worldwide bearing trade ltd Companies House Filings - See Documents
| date | description | view/download |
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