Pomanda estimates the enterprise value of WINGWELL SYSTEMS LTD at £217.6k based on a Turnover of £272.6k and 0.8x industry multiple (adjusted for size and gross margin).
wingwell systems ltdEstimated Valuation
£63.3k
Pomanda estimates the enterprise value of WINGWELL SYSTEMS LTD at £63.3k based on an EBITDA of £13.4k and a 4.72x industry multiple (adjusted for size and gross margin).
wingwell systems ltdEstimated Valuation
£30.9k
Pomanda estimates the enterprise value of WINGWELL SYSTEMS LTD at £30.9k based on Net Assets of £9.1k and 3.38x industry multiple (adjusted for liquidity).
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Wingwell Systems LtdOverview
Wingwell Systems Ltd is a live company located in ferryhill, DL17 8JH with a Companies House number of 12840907. It operates in the financial management sector, SIC Code 70221. Founded in August 2020, it's largest shareholder is
alan richard neal
with a 100% stake. Wingwell Systems Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£272.6k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Wingwell Systems Ltd a 3 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
Health Rating3out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £272.6k, make it smaller than the average company (£830k)
£272.6k - Wingwell Systems Ltd
£830k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (9.8%)
33% - Wingwell Systems Ltd
9.8% - Industry AVG
Production
with a gross margin of 82.4%, this company has a comparable cost of product (82.4%)
82.4% - Wingwell Systems Ltd
82.4% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (7.6%)
4.4% - Wingwell Systems Ltd
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Wingwell Systems Ltd
5 - Industry AVG
Pay Structure
on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)
£51.2k - Wingwell Systems Ltd
£51.2k - Industry AVG
Efficiency
resulting in sales per employee of £136.3k, this is equally as efficient (£136.3k)
£136.3k - Wingwell Systems Ltd
£136.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Wingwell Systems Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wingwell Systems Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wingwell Systems Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Wingwell Systems Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.6%, this is a lower level of debt than the average (57.2%)
21.6% - Wingwell Systems Ltd
57.2% - Industry AVG
WINGWELL SYSTEMS LTD financials
EXPORT
Wingwell Systems Ltd's latest turnover from February 2024 is estimated at £272.6 thousand and the company has net assets of £9.1 thousand. According to their latest financial statements, Wingwell Systems Ltd has 2 employees and maintains cash reserves of £40 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Aug 2022
Aug 2021
Turnover
272,559
198,922
117,067
Other Income Or Grants
Cost Of Sales
47,878
30,461
14,397
Gross Profit
224,681
168,460
102,671
Admin Expenses
212,649
163,806
99,530
Operating Profit
12,032
4,654
3,141
Interest Payable
Interest Receivable
1
1
Pre-Tax Profit
12,033
4,654
3,141
Tax
-3,008
-884
-597
Profit After Tax
9,025
3,770
2,544
Dividends Paid
Retained Profit
9,025
3,770
2,544
Employee Costs
102,368
95,853
41,226
Number Of Employees
2
2
1
EBITDA*
13,406
5,661
3,432
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Aug 2022
Aug 2021
Tangible Assets
1,615
1,889
746
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,615
1,889
746
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
9,987
22,178
72,378
Cash
40
40
40
misc current assets
1
total current assets
10,027
22,218
72,419
total assets
11,642
24,107
73,165
Bank overdraft
Bank loan
Trade Creditors
430
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
2,517
17,263
70,521
total current liabilities
2,517
17,693
70,521
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,517
17,693
70,521
net assets
9,125
6,414
2,644
total shareholders funds
9,125
6,414
2,644
Feb 2024
Aug 2022
Aug 2021
Operating Activities
Operating Profit
12,032
4,654
3,141
Depreciation
1,374
1,007
291
Amortisation
Tax
-3,008
-884
-597
Stock
Debtors
9,987
-50,200
72,378
Creditors
430
Accruals and Deferred Income
2,517
-53,258
70,521
Deferred Taxes & Provisions
Cash flow from operations
2,928
2,149
978
Investing Activities
capital expenditure
-2,989
-2,150
-1,037
Change in Investments
cash flow from investments
-2,989
-2,150
-1,037
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
100
100
interest
1
1
cash flow from financing
101
1
100
cash and cash equivalents
cash
40
40
overdraft
change in cash
40
40
wingwell systems ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wingwell systems ltd. Get real-time insights into wingwell systems ltd's credit score, group structure and payment trends.
Perform a competitor analysis for wingwell systems ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DL17 area or any other competitors across 12 key performance metrics.
wingwell systems ltd Ownership
WINGWELL SYSTEMS LTD group structure
Wingwell Systems Ltd has no subsidiary companies.
Ultimate parent company
WINGWELL SYSTEMS LTD
12840907
WINGWELL SYSTEMS LTD Shareholders
The sole shareholder of Wingwell Systems Ltd is Alan Richard Neal.
alan richard neal
100%
wingwell systems ltd directors
Wingwell Systems Ltd currently has 1 director, Mr Alan Neal serving since Aug 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
9.1k
0%
total assets
11.6k
0%
cash
40
0%
net assets
Total assets minus all liabilities
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wingwell systems ltd company details
company number
12840907
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
LITTLE & NEAL
auditor
-
address
37-38 market street, ferryhill, DL17 8JH
Bank
-
Legal Advisor
-
wingwell systems 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 wingwell systems ltd.
wingwell systems 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.
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wingwell systems ltdCompanies House Filings - See Documents
