wellcare (harrow weald) limited
wellcare (harrow weald) limited Company Information
Company Number
12178911
Next Accounts
Dec 2025
Directors
Shareholders
avni limited
anup patel
View AllGroup Structure
View All
Industry
Dispensing chemist in specialised stores
Registered Address
elthorne gate 64 high street, pinner, HA5 5QA
Website
harrowgas.comwellcare (harrow weald) limited Estimated Valuation
Pomanda estimates the enterprise value of WELLCARE (HARROW WEALD) LIMITED at £1.4m based on a Turnover of £4m and 0.35x industry multiple (adjusted for size and gross margin).
wellcare (harrow weald) limited Estimated Valuation
Pomanda estimates the enterprise value of WELLCARE (HARROW WEALD) LIMITED at £4.9m based on an EBITDA of £1.2m and a 4x industry multiple (adjusted for size and gross margin).
wellcare (harrow weald) limited Estimated Valuation
Pomanda estimates the enterprise value of WELLCARE (HARROW WEALD) LIMITED at £2.7m based on Net Assets of £1.3m and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wellcare (harrow Weald) Limited Overview
Wellcare (harrow Weald) Limited is a live company located in pinner, HA5 5QA with a Companies House number of 12178911. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in August 2019, it's largest shareholder is avni limited with a 49.5% stake. Wellcare (harrow Weald) Limited is a young, small sized company, Pomanda has estimated its turnover at £4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wellcare (harrow Weald) Limited Health Check
Pomanda's financial health check has awarded Wellcare (Harrow Weald) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £4m, make it smaller than the average company (£12.6m)
- Wellcare (harrow Weald) Limited
£12.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.4%)
- Wellcare (harrow Weald) Limited
7.4% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (31.4%)
- Wellcare (harrow Weald) Limited
31.4% - Industry AVG
Profitability
an operating margin of 21.4% make it more profitable than the average company (2.6%)
- Wellcare (harrow Weald) Limited
2.6% - Industry AVG
Employees
with 26 employees, this is below the industry average (64)
26 - Wellcare (harrow Weald) Limited
64 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Wellcare (harrow Weald) Limited
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £152.6k, this is equally as efficient (£146.1k)
- Wellcare (harrow Weald) Limited
£146.1k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (29 days)
- Wellcare (harrow Weald) Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (63 days)
- Wellcare (harrow Weald) Limited
63 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is in line with average (32 days)
- Wellcare (harrow Weald) Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (13 weeks)
7 weeks - Wellcare (harrow Weald) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (58.6%)
83.1% - Wellcare (harrow Weald) Limited
58.6% - Industry AVG
WELLCARE (HARROW WEALD) LIMITED financials
Wellcare (Harrow Weald) Limited's latest turnover from March 2024 is estimated at £4 million and the company has net assets of £1.3 million. According to their latest financial statements, Wellcare (Harrow Weald) Limited has 26 employees and maintains cash reserves of £430.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 26 | 32 | 29 | 33 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 532,196 | 596,889 | 665,614 | 515,067 | |
| Intangible Assets | 4,841,339 | 5,419,811 | 5,729,636 | 4,857,214 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 5,373,535 | 6,016,700 | 6,395,250 | 5,372,281 | |
| Stock & work in progress | 250,796 | 401,570 | 351,666 | 258,258 | |
| Trade Debtors | 481,884 | 476,541 | 504,831 | 439,649 | |
| Group Debtors | 516,021 | ||||
| Misc Debtors | 619,731 | 615,794 | 565,075 | 173,653 | |
| Cash | 430,683 | 906,453 | 839,719 | 293,402 | |
| misc current assets | |||||
| total current assets | 2,299,115 | 2,400,358 | 2,261,291 | 1,164,962 | |
| total assets | 7,672,650 | 8,417,058 | 8,656,541 | 6,537,243 | |
| Bank overdraft | |||||
| Bank loan | 271,227 | 491,560 | 415,065 | 254,921 | |
| Trade Creditors | 721,661 | 855,611 | 815,476 | 570,116 | |
| Group/Directors Accounts | 1,599,372 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 246,650 | 2,405,450 | 2,558,194 | 2,433,966 | |
| total current liabilities | 2,838,910 | 3,752,621 | 3,788,735 | 3,259,003 | |
| loans | 3,512,401 | 3,563,295 | 3,950,387 | 2,869,794 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 21,957 | 134,315 | 110,683 | 15,797 | |
| total long term liabilities | 3,534,358 | 3,697,610 | 4,061,070 | 2,885,591 | |
| total liabilities | 6,373,268 | 7,450,231 | 7,849,805 | 6,144,594 | |
| net assets | 1,299,382 | 966,827 | 806,736 | 392,649 | |
| total shareholders funds | 1,299,382 | 966,827 | 806,736 | 392,649 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 70,466 | 67,291 | 48,951 | 29,407 | |
| Amortisation | 294,473 | 309,825 | 291,267 | 175,592 | |
| Tax | |||||
| Stock | -150,774 | 49,904 | 93,408 | 258,258 | |
| Debtors | 525,301 | 22,429 | 456,604 | 613,302 | |
| Creditors | -133,950 | 40,135 | 245,360 | 570,116 | |
| Accruals and Deferred Income | -2,158,800 | -152,744 | 124,228 | 2,433,966 | |
| Deferred Taxes & Provisions | -112,358 | 23,632 | 94,886 | 15,797 | |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -220,333 | 76,495 | 160,144 | 254,921 | |
| Group/Directors Accounts | 1,599,372 | ||||
| Other Short Term Loans | |||||
| Long term loans | -50,894 | -387,092 | 1,080,593 | 2,869,794 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -475,770 | 66,734 | 546,317 | 293,402 | |
| overdraft | |||||
| change in cash | -475,770 | 66,734 | 546,317 | 293,402 |
wellcare (harrow weald) limited Credit Report and Business Information
Wellcare (harrow Weald) Limited Competitor Analysis
Perform a competitor analysis for wellcare (harrow weald) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA5 area or any other competitors across 12 key performance metrics.
wellcare (harrow weald) limited Ownership
WELLCARE (HARROW WEALD) LIMITED group structure
Wellcare (Harrow Weald) Limited has no subsidiary companies.
Ultimate parent company
WELLCARE (HARROW WEALD) LIMITED
12178911
wellcare (harrow weald) limited directors
Wellcare (Harrow Weald) Limited currently has 1 director, Mr Anup Patel serving since Aug 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anup Patel | United Kingdom | 33 years | Aug 2019 | - | Director |
P&L
March 2024turnover
4m
-9%
operating profit
849.2k
0%
gross margin
31.4%
-3.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.3m
+0.34%
total assets
7.7m
-0.09%
cash
430.7k
-0.52%
net assets
Total assets minus all liabilities
wellcare (harrow weald) limited company details
company number
12178911
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
AEQUITAS
auditor
-
address
elthorne gate 64 high street, pinner, HA5 5QA
Bank
-
Legal Advisor
-
wellcare (harrow weald) 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 6 charges/mortgages relating to wellcare (harrow weald) limited. Currently there are 6 open charges and 0 have been satisfied in the past.
wellcare (harrow weald) 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 WELLCARE (HARROW WEALD) LIMITED. This can take several minutes, an email will notify you when this has completed.
wellcare (harrow weald) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
