solvewise limited

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solvewise limited Company Information

Share SOLVEWISE LIMITED

Company Number

12323169

Directors

David Bagheri

Shareholders

maria isabel bagheri

david bagheri

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

3 fairview court fairview road, cheltenham, gloucestershire, GL52 2EX

Website

-

solvewise limited Estimated Valuation

£23.9k

Pomanda estimates the enterprise value of SOLVEWISE LIMITED at £23.9k based on a Turnover of £69k and 0.35x industry multiple (adjusted for size and gross margin).

solvewise limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLVEWISE LIMITED at £0 based on an EBITDA of £-1.4k and a 2.98x industry multiple (adjusted for size and gross margin).

solvewise limited Estimated Valuation

£428

Pomanda estimates the enterprise value of SOLVEWISE LIMITED at £428 based on Net Assets of £164 and 2.61x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Solvewise Limited Overview

Solvewise Limited is a live company located in gloucestershire, GL52 2EX with a Companies House number of 12323169. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2019, it's largest shareholder is maria isabel bagheri with a 50% stake. Solvewise Limited is a young, micro sized company, Pomanda has estimated its turnover at £69k with declining growth in recent years.

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Solvewise Limited Health Check

Pomanda's financial health check has awarded Solvewise Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £69k, make it smaller than the average company (£850.8k)

£69k - Solvewise Limited

£850.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (8.5%)

-40% - Solvewise Limited

8.5% - Industry AVG

production

Production

with a gross margin of 25.5%, this company has a higher cost of product (58.7%)

25.5% - Solvewise Limited

58.7% - Industry AVG

profitability

Profitability

an operating margin of -2.1% make it less profitable than the average company (7.3%)

-2.1% - Solvewise Limited

7.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Solvewise Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)

£57.1k - Solvewise Limited

£57.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69k, this is less efficient (£132.6k)

£69k - Solvewise Limited

£132.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 145 days, this is later than average (63 days)

145 days - Solvewise Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 83 days, this is slower than average (25 days)

83 days - Solvewise Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solvewise Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Solvewise Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (55.9%)

99.4% - Solvewise Limited

55.9% - Industry AVG

SOLVEWISE LIMITED financials

EXPORTms excel logo

Solvewise Limited's latest turnover from December 2023 is estimated at £69 thousand and the company has net assets of £164. According to their latest financial statements, Solvewise Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover69,04584,730263,113315,632
Other Income Or Grants
Cost Of Sales51,44363,236197,122235,449
Gross Profit17,60221,49465,99180,184
Admin Expenses19,02359,87081,65411,512
Operating Profit-1,421-38,376-15,66368,672
Interest Payable
Interest Receivable
Pre-Tax Profit-1,421-38,376-15,66368,672
Tax-13,048
Profit After Tax-1,421-38,376-15,66355,624
Dividends Paid
Retained Profit-1,421-38,376-15,66355,624
Employee Costs57,08754,98554,12050,785
Number Of Employees1111
EBITDA*-1,421-38,376-15,66368,672

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets180902
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets180902
Stock & work in progress
Trade Debtors27,51144,774159,377175,805
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets27,51144,774159,377175,805
total assets27,69145,676159,377175,805
Bank overdraft
Bank loan
Trade Creditors 11,7656,51072,814120,181
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities11,7656,51072,814120,181
loans
hp & lease commitments
Accruals and Deferred Income8501,500750
other liabilities14,91236,08145,852
provisions
total long term liabilities15,76237,58146,602
total liabilities27,52744,091119,416120,181
net assets1641,58539,96155,624
total shareholders funds1641,58539,96155,624
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-1,421-38,376-15,66368,672
Depreciation
Amortisation
Tax-13,048
Stock
Debtors-17,263-114,603-16,428175,805
Creditors5,255-66,304-47,367120,181
Accruals and Deferred Income-650750750
Deferred Taxes & Provisions
Cash flow from operations20,44710,673-45,852
Investing Activities
capital expenditure722-902
Change in Investments
cash flow from investments722-902
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-21,169-9,77145,852
share issue
interest
cash flow from financing-21,169-9,77145,852
cash and cash equivalents
cash
overdraft
change in cash

solvewise limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Solvewise Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for solvewise limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GL52 area or any other competitors across 12 key performance metrics.

solvewise limited Ownership

SOLVEWISE LIMITED group structure

Solvewise Limited has no subsidiary companies.

Ultimate parent company

SOLVEWISE LIMITED

12323169

SOLVEWISE LIMITED Shareholders

maria isabel bagheri 50%
david bagheri 50%

solvewise limited directors

Solvewise Limited currently has 1 director, Mr David Bagheri serving since Nov 2019.

officercountryagestartendrole
Mr David BagheriUnited Kingdom40 years Nov 2019- Director

P&L

December 2023

turnover

69k

-19%

operating profit

-1.4k

0%

gross margin

25.5%

+0.5%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

164

-0.9%

total assets

27.7k

-0.39%

cash

0

0%

net assets

Total assets minus all liabilities

solvewise limited company details

company number

12323169

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

November 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

3 fairview court fairview road, cheltenham, gloucestershire, GL52 2EX

Bank

-

Legal Advisor

-

solvewise 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 did not find charges/mortgages relating to solvewise limited.

solvewise 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.

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solvewise limited Companies House Filings - See Documents

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