workrural workspace limited
workrural workspace limited Company Information
Company Number
12349278
Website
thetannery.co.ukRegistered Address
the courtyard 33 duke street, trowbridge, wiltshire, BA14 8EA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
the old tannery (holt) limited 100%
workrural workspace limited Estimated Valuation
Pomanda estimates the enterprise value of WORKRURAL WORKSPACE LIMITED at £620.1k based on a Turnover of £196.7k and 3.15x industry multiple (adjusted for size and gross margin).
workrural workspace limited Estimated Valuation
Pomanda estimates the enterprise value of WORKRURAL WORKSPACE LIMITED at £20.4k based on an EBITDA of £2.8k and a 7.2x industry multiple (adjusted for size and gross margin).
workrural workspace limited Estimated Valuation
Pomanda estimates the enterprise value of WORKRURAL WORKSPACE LIMITED at £1k based on Net Assets of £643 and 1.62x industry multiple (adjusted for liquidity).
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Workrural Workspace Limited Overview
Workrural Workspace Limited is a live company located in wiltshire, BA14 8EA with a Companies House number of 12349278. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2019, it's largest shareholder is the old tannery (holt) limited with a 100% stake. Workrural Workspace Limited is a young, micro sized company, Pomanda has estimated its turnover at £196.7k with unknown growth in recent years.
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Workrural Workspace Limited Health Check
Pomanda's financial health check has awarded Workrural Workspace Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £196.7k, make it smaller than the average company (£797.6k)
- Workrural Workspace Limited
£797.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Workrural Workspace Limited
- - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
- Workrural Workspace Limited
75.4% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (36.9%)
- Workrural Workspace Limited
36.9% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Workrural Workspace Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Workrural Workspace Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £49.2k, this is less efficient (£168.7k)
- Workrural Workspace Limited
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
- Workrural Workspace Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (37 days)
- Workrural Workspace Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Workrural Workspace Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Workrural Workspace Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.1%, this is a higher level of debt than the average (63.2%)
97.1% - Workrural Workspace Limited
63.2% - Industry AVG
WORKRURAL WORKSPACE LIMITED financials
Workrural Workspace Limited's latest turnover from March 2023 is estimated at £196.7 thousand and the company has net assets of £643. According to their latest financial statements, Workrural Workspace Limited has 4 employees and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | 4 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 4,086 | 367 | 263 |
| Intangible Assets | 9,475 | 13,347 | 7,197 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 13,561 | 13,714 | 7,460 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 746 | 4,769 | 3,684 |
| Group Debtors | 996 | 6,231 | 0 |
| Misc Debtors | 2,604 | 375 | 331 |
| Cash | 4,259 | 3,044 | 5,143 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 8,605 | 14,419 | 9,158 |
| total assets | 22,166 | 28,133 | 16,618 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 5,867 | 2,590 | 3,579 |
| Group/Directors Accounts | 6,200 | 2,099 | 3,385 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 8,680 | 18,147 | 5,009 |
| total current liabilities | 20,747 | 22,836 | 11,973 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 776 | 70 | 50 |
| total long term liabilities | 776 | 70 | 50 |
| total liabilities | 21,523 | 22,906 | 12,023 |
| net assets | 643 | 5,227 | 4,595 |
| total shareholders funds | 643 | 5,227 | 4,595 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 1,361 | 122 | 87 |
| Amortisation | 6,217 | 5,630 | 3,543 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -7,029 | 7,360 | 4,015 |
| Creditors | 3,277 | -989 | 3,579 |
| Accruals and Deferred Income | -9,467 | 13,138 | 5,009 |
| Deferred Taxes & Provisions | 706 | 20 | 50 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 4,101 | -1,286 | 3,385 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 1,215 | -2,099 | 5,143 |
| overdraft | 0 | 0 | 0 |
| change in cash | 1,215 | -2,099 | 5,143 |
workrural workspace limited Credit Report and Business Information
Workrural Workspace Limited Competitor Analysis
Perform a competitor analysis for workrural workspace limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BA14 area or any other competitors across 12 key performance metrics.
workrural workspace limited Ownership
WORKRURAL WORKSPACE LIMITED group structure
Workrural Workspace Limited has no subsidiary companies.
workrural workspace limited directors
Workrural Workspace Limited currently has 3 directors. The longest serving directors include Ms Alix Kirkham (Dec 2019) and Mr Nicholas Kirkham (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Alix Kirkham | United Kingdom | 56 years | Dec 2019 | - | Director |
| Mr Nicholas Kirkham | United Kingdom | 58 years | Dec 2019 | - | Director |
| Mr Nicholas Kirkham | 58 years | Dec 2019 | - | Director |
P&L
March 2023turnover
196.7k
+4%
operating profit
-4.7k
0%
gross margin
75.5%
+1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
643
-0.88%
total assets
22.2k
-0.21%
cash
4.3k
+0.4%
net assets
Total assets minus all liabilities
workrural workspace limited company details
company number
12349278
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
the courtyard 33 duke street, trowbridge, wiltshire, BA14 8EA
Bank
-
Legal Advisor
-
workrural workspace 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 workrural workspace limited.
workrural workspace limited Companies House Filings - See Documents
| date | description | view/download |
|---|
