writeme ltd
writeme ltd Company Information
Company Number
12699829
Next Accounts
245 days late
Industry
Other information service activities n.e.c.
Directors
Shareholders
peter stringer
Group Structure
View All
Contact
Registered Address
piccadilly business centre, aldow enteprise park, manchester, M12 6AE
Website
writeme.ltdwriteme ltd Estimated Valuation
Pomanda estimates the enterprise value of WRITEME LTD at £629.4k based on a Turnover of £665.1k and 0.95x industry multiple (adjusted for size and gross margin).
writeme ltd Estimated Valuation
Pomanda estimates the enterprise value of WRITEME LTD at £903.7k based on an EBITDA of £225.3k and a 4.01x industry multiple (adjusted for size and gross margin).
writeme ltd Estimated Valuation
Pomanda estimates the enterprise value of WRITEME LTD at £842.9k based on Net Assets of £314.3k and 2.68x industry multiple (adjusted for liquidity).
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Writeme Ltd Overview
Writeme Ltd is a live company located in manchester, M12 6AE with a Companies House number of 12699829. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in June 2020, it's largest shareholder is peter stringer with a 100% stake. Writeme Ltd is a startup, small sized company, Pomanda has estimated its turnover at £665.1k with unknown growth in recent years.
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Writeme Ltd Health Check
Pomanda's financial health check has awarded Writeme Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £665.1k, make it in line with the average company (£825.7k)
- Writeme Ltd
£825.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Writeme Ltd
- - Industry AVG
Production
with a gross margin of 36.5%, this company has a higher cost of product (65%)
- Writeme Ltd
65% - Industry AVG
Profitability
an operating margin of 33.9% make it more profitable than the average company (5.8%)
- Writeme Ltd
5.8% - Industry AVG
Employees
with 25 employees, this is above the industry average (17)
25 - Writeme Ltd
17 - Industry AVG
Pay Structure
on an average salary of £27.9k, the company has an equivalent pay structure (£27.9k)
- Writeme Ltd
£27.9k - Industry AVG
Efficiency
resulting in sales per employee of £26.6k, this is less efficient (£58.4k)
- Writeme Ltd
£58.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Writeme Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
- Writeme Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 201 days, this is more than average (12 days)
- Writeme Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 911 weeks, this is more cash available to meet short term requirements (114 weeks)
911 weeks - Writeme Ltd
114 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (30.3%)
0.5% - Writeme Ltd
30.3% - Industry AVG
WRITEME LTD financials
Writeme Ltd's latest turnover from June 2022 is estimated at £665.1 thousand and the company has net assets of £314.3 thousand. According to their latest financial statements, Writeme Ltd has 25 employees and maintains cash reserves of £29.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 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 | 25 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | |
|---|---|---|
| Tangible Assets | 53,500 | 27,600 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 53,500 | 27,600 |
| Stock & work in progress | 233,000 | 110,000 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 29,450 | 10,450 |
| misc current assets | 0 | 0 |
| total current assets | 262,450 | 120,450 |
| total assets | 315,950 | 148,050 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 1,680 | 16,500 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 1,680 | 16,500 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 1,680 | 16,500 |
| net assets | 314,270 | 131,550 |
| total shareholders funds | 314,270 | 131,550 |
| Jun 2022 | Jun 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 123,000 | 110,000 |
| Debtors | 0 | 0 |
| Creditors | -14,820 | 16,500 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 19,000 | 10,450 |
| overdraft | 0 | 0 |
| change in cash | 19,000 | 10,450 |
writeme ltd Credit Report and Business Information
Writeme Ltd Competitor Analysis
Perform a competitor analysis for writeme ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M12 area or any other competitors across 12 key performance metrics.
writeme ltd Ownership
WRITEME LTD group structure
Writeme Ltd has no subsidiary companies.
Ultimate parent company
WRITEME LTD
12699829
writeme ltd directors
Writeme Ltd currently has 1 director, Mr Peter Stringer serving since May 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Stringer | England | 61 years | May 2023 | - | Director |
P&L
June 2022turnover
665.1k
+100%
operating profit
225.3k
0%
gross margin
36.6%
+12.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
314.3k
+1.39%
total assets
316k
+1.13%
cash
29.5k
+1.82%
net assets
Total assets minus all liabilities
Similar Companies
writeme ltd company details
company number
12699829
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2022
previous names
N/A
accountant
-
auditor
-
address
piccadilly business centre, aldow enteprise park, manchester, M12 6AE
Bank
-
Legal Advisor
-
writeme 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 writeme ltd.
writeme ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
